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Author Topic: Just A Well Thought Question  (Read 405 times)
Greatchu (OP)
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August 24, 2019, 11:55:36 AM
 #1

Hi cryptopians i want to ask you a question and i need your genuine answers straight from your hearts.

What would have happened if all available crypto coins are been ranked on CoinMarketCap based on how good they are in terms of
1. Faster transaction speed
2. Better Security Platform
3. Privacy
4. Futuristically techy  etc

Will bitcoin have a chance at all? what rank number do you think bitcoin will be on CoinMarketCap?

rosezionjohn
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August 24, 2019, 12:07:20 PM
 #2

Hi cryptopians i want to ask you a question and i need your genuine answers straight from your hearts.

What would have happened if all available crypto coins are been ranked on CoinMarketCap based on how good they are in terms of
1. Faster transaction speed
2. Better Security Platform
3. Privacy
4. Futuristically techy  etc

I thought you were calling us users of the now defunct Cryptopia exchange for a while there  Cheesy
Coinmarketcap ranks coins and tokens based on market capitalization only. You will need another service/website that will rank them according to the category you presented. That website would need to be impartial to be credible and I don't know if some group would be willing to spend time gathering all those information.



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August 24, 2019, 12:26:26 PM
Last edit: August 24, 2019, 12:40:39 PM by Mrcharles
 #3

Hi cryptopians i want to ask you a question and i need your genuine answers straight from your hearts.

What would have happened if all available crypto coins are been ranked on CoinMarketCap based on how good they are in terms of
1. Faster transaction speed
2. Better Security Platform
3. Privacy
4. Futuristically techy  etc

I thought you were calling us users of the now defunct Cryptopia exchange for a while there  Cheesy
Coinmarketcap ranks coins and tokens based on market capitalization only. You will need another service/website that will rank them according to the category you presented. That website would need to be impartial to be credible and I don't know if some group would be willing to spend time gathering all those information.


Those information are actually not relevant to an average investor who is only interested in the returns made from investment. I remember when deflationary tokens was trending, it was obvious that it won't stand the test of time because the project lacks basis and use case, but people were still willing to invest, because of the returns which were forthcoming.
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August 24, 2019, 12:33:11 PM
 #4

Those information are actually not relevant to an average investor who is only interested in the returns made from investment.
You may be right with not being relevant to most average or retail investors but that can be discussed in another thread. You may create another topic comparing what information these types of investors are really looking for. 
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August 24, 2019, 12:39:40 PM
 #5

Bitcoin always has a good opportunity on the coinmarketcap site, because bitcoin is already a lot of enthusiasts and is trusted by many crypto lovers, in the ranking of coins, bitcoin is in first place, because the transaction volume is also greater, and security is also better, and until now I have never seen another coin in the first place, for tokens to be occupied by USDT in the first place.

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August 24, 2019, 09:41:46 PM
 #6

Will bitcoin have a chance at all?
Chance for what? to defend itself from those coins that have been ranked on CMC? definitely it has and no altcoin can even stand a chance to replace bitcoin, this has been discussed a lot of times.

what rank number do you think bitcoin will be on CoinMarketCap?
Still #1.

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August 24, 2019, 09:46:02 PM
 #7


Will bitcoin have a chance at all? what rank number do you think bitcoin will be on CoinMarketCap?
You mean crypto would be ranked according to its features? We wont see such ranking up because position will vary on how the entire community supports a coin.
No matter what the feature it do have neither its outdated or the latest one it doesn't matter because community decision would always be the final thing for a coin
to succeed out.

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August 24, 2019, 10:06:31 PM
 #8

Of course, many coins surpass bitcoin even on the first point. But these items are not an important classification for choosing coins to invest in. Still, the size of capitalization plays a much more important role.
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August 24, 2019, 10:52:06 PM
 #9

Hi cryptopians i want to ask you a question and i need your genuine answers straight from your hearts.

What would have happened if all available crypto coins are been ranked on CoinMarketCap based on how good they are in terms of
1. Faster transaction speed
2. Better Security Platform
3. Privacy
4. Futuristically techy  etc

I thought you were calling us users of the now defunct Cryptopia exchange for a while there  Cheesy
Coinmarketcap ranks coins and tokens based on market capitalization only. You will need another service/website that will rank them according to the category you presented. That website would need to be impartial to be credible and I don't know if some group would be willing to spend time gathering all those information.


Those information are actually not relevant to an average investor who is only interested in the returns made from investment. I remember when deflationary tokens was trending, it was obvious that it won't stand the test of time because the project lacks basis and use case, but people were still willing to invest, because of the returns which were forthcoming.

His highlights are actually meant for long term coins and it does not necessarily mean that having such quality will make them surpass bitcoin.
As far as crypto is concerned bitcoin is still a father to all and it cannot be easily surpassed.
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August 24, 2019, 11:33:14 PM
 #10

Bitcoin will and why are you feeling doubt about that. It will always still placed in the first rank of CMC no matter how much features that already made by the majority of altcoins but they are all still don't have real usage and compared with bitcoin and they are nothing right now dude.
Bitcoin is a utility coin while the majority of altcoins are security token. Bitcoin can be used as a commodity to store our value, payment system.

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August 24, 2019, 11:51:54 PM
 #11

Well in my opinion, even if that organization of the coins were made in the website, it does not matter because the dominance of the market still belongs to Bitcoin. The interest of the market still rest on that coin. But in the annals of financial history Bitcoin and the altcoins are in its infancy. So many things will still happen in the years to come.

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August 24, 2019, 11:59:25 PM
 #12

Answering these questions needs deep research and study about altcoins and I confess I have not the knowledge. If the study is done by a trustworthy, knowledgeable and expert group of people, I expect the answer of all four answers to be a cryptocurrency other than bitcoin. But we will likely have four different answers for these four questions. Even if the answers are revealed and they are right and the community trust the healthy of study, I think bitcoin will remain number one based on market capitalization. I mean people won't sell their bitcoins for other coins even if it is proved that they are better than bitcoin in some aspects and Bitcoin will remain the most trusted cryptocurrency.
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August 25, 2019, 12:57:04 AM
 #13

Hi cryptopians i want to ask you a question and i need your genuine answers straight from your hearts.

What would have happened if all available crypto coins are been ranked on CoinMarketCap based on how good they are in terms of
1. Faster transaction speed
2. Better Security Platform
3. Privacy
4. Futuristically techy  etc

Will bitcoin have a chance at all? what rank number do you think bitcoin will be on CoinMarketCap?

Coinmarketcap and similar sites will not do that, they only measure the volume and the price, if they rank coins according to your specification, then they are not a market capitalization site anymore, and investors are not buying based on those specifications, there are coins with better security like Monero and fast and no transaction fee like Nano and Banano, but they are nothing compared to Bitcoin's dominance.

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August 25, 2019, 04:46:42 AM
 #14

Hi cryptopians i want to ask you a question and i need your genuine answers straight from your hearts.

What would have happened if all available crypto coins are been ranked on CoinMarketCap based on how good they are in terms of
1. Faster transaction speed
2. Better Security Platform
3. Privacy
4. Futuristically techy  etc

Will bitcoin have a chance at all? what rank number do you think bitcoin will be on CoinMarketCap?

Bitcoin will definitely lose its number one spot. In all of the 4 rankings you have there. But then these 4 are not everything. These are brilliant bases in choosing an altcoin but it seems Bitcoin is exempted. For quite some time already Bitcoin is not the leading coin in terms of TPS, privacy, and development but then it has never occurred, and most probably never will, that Bitcoin will lose its spot in terms of market value. At the end of the day, the determining factor is demand. And Bitcoin is never losing it. Everybody is dreaming to have as many BTC as possible.

You've got a really brilliant question right there. But calling us cryptopians is a bit eerie. LOL. And coinmarketcap will have to change its name if they will rank the coins according to your bases. 

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Doranile432
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August 25, 2019, 06:11:37 AM
 #15

Bitcoin will still be the number one coin on coinmarketcap,Bitcoin is an utility coin while most of altcoins are just security tokens. Bitcoin can be utilized as a ware to store our funds and payment system and dont dont forget that CMC ranked coins based on volume so altcoins arent getting any chances sooner,its possible but not this soon
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August 25, 2019, 06:16:55 AM
 #16

Hi cryptopians i want to ask you a question and i need your genuine answers straight from your hearts.

What would have happened if all available crypto coins are been ranked on CoinMarketCap based on how good they are in terms of
1. Faster transaction speed
2. Better Security Platform
3. Privacy
4. Futuristically techy  etc

Will bitcoin have a chance at all? what rank number do you think bitcoin will be on CoinMarketCap?

Bitcoin will still have a chance to get the top position at CMC no matter if any crypto coins have all of the lists you mention. Perhaps, they can be the top position among the altcoin but to beat or compete with bitcoin, I am not sure because bitcoin is already in the top position in the cryptocurrency market. The altcoin itself is difficult to compete with the price of bitcoin and popularity because people still know that in the cryptocurrency, bitcoin is the only one and they don't think that the altcoin can replace the position.

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August 25, 2019, 06:23:02 AM
 #17

The current battle here is the Fomo from the community. We can see there are many businesses with great technology background but still be underestimated such as Credits, LOOM network, Kyber Network, ...
The underestimation of technology businesses is because of the speculative ideology of traders now. they don't really support businesses, they just want money and are willing to manipulate everything.
perhaps the market needs thoughtful new investors to change the whole market.

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August 25, 2019, 06:25:37 AM
 #18

Hi cryptopians i want to ask you a question and i need your genuine answers straight from your hearts.

What would have happened if all available crypto coins are been ranked on CoinMarketCap based on how good they are in terms of
1. Faster transaction speed
2. Better Security Platform
3. Privacy
4. Futuristically techy  etc

Will bitcoin have a chance at all? what rank number do you think bitcoin will be on CoinMarketCap?
Bitcoin will remain a monument for many years to come.
No matter how good the value of technology of good alts has a positive impact on society, Bitcoin will still hold the leading position.
because Bitcoin carries a great brand that is "Reducing Play"
This makes many long-term investors excited and wants to invest heavily in Bitcoin. that is why it is never underestimated.

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August 25, 2019, 04:01:54 PM
 #19

Hi cryptopians i want to ask you a question and i need your genuine answers straight from your hearts.

What would have happened if all available crypto coins are been ranked on CoinMarketCap based on how good they are in terms of
1. Faster transaction speed
2. Better Security Platform
3. Privacy
4. Futuristically techy  etc

Will bitcoin have a chance at all? what rank number do you think bitcoin will be on CoinMarketCap?

Bitcoin would have been one of the bottom coin if it were to ranked this way. But these things are just specifications and has nothing to do with the actual worthiness.
Comparing bitcoin with other coins would be like comparing gold with paper. Paper are light, easy to carry, can be used for multiple purpose but they'll never ever come close to what gold is.


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August 25, 2019, 04:45:05 PM
 #20

Hi cryptopians i want to ask you a question and i need your genuine answers straight from your hearts.

What would have happened if all available crypto coins are been ranked on CoinMarketCap based on how good they are in terms of
1. Faster transaction speed
2. Better Security Platform
3. Privacy
4. Futuristically techy  etc

Will bitcoin have a chance at all? what rank number do you think bitcoin will be on CoinMarketCap?

If all the features listed are used as criteria for ranking cryptocutrencies on coinmarketcap, Bitcoin will probably not be in the Top 20 under any of does criteria, but in reality none of those are used for the ranking.
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