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Author Topic: Is it still possible to invent certain Altcoin that can be better than Bitcoin?  (Read 572 times)
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January 24, 2020, 05:52:26 AM
 #81

On what grounds are you making the newly coin better than bitcoin. i think there are cryptocurrencies that have been developed already in this space whose features are better than bitcoin in terms of being used as a mode of payment. Take or instance, Ethereum, Tron, Litecoin etc. but if you are looking or a coin that serves as a store of value then i think Bitcoin has no competitor.

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January 24, 2020, 05:56:55 AM
 #82

No one will be able to pass through the capacity of Bitcoin as an altcoin. To date there is indeed ever say a price that exceeds BTC against USDT. But that's not the size of a coin in order to beat Bitcoins from all sides. Judging from all sides and strength, Bitcoin has no comparison to date. Security, speed, price calculations until confidentiality and privacy are all already in the technology of Bitcoin.
Maybe later it is also if there is a digital asset that can rival the BTC I think will have difficulty because the age and experience of this BTC is already very complete.
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January 24, 2020, 05:57:30 AM
 #83


i don't want to use the term brainwashed. but maybe, not open minded. the popularity of bitcoin usage can't really be overcome by most projects that are offering more benefits than bitcoin. truly, there are several projects that were created to be much superior than bitcoin, however, they can't compete with bitcoin because as you said, they are not open minded people. we want to stick with btc as much as we are stuck in using USD as the global currency. if you know someone who is not into crypto, if you ask if he has any idea with crypto, and the first thing that will come up to his mind, is bitcoin. all the other alts are just secondary or most of them don't know their existence.

I think I would say open minded is a really tough thing to do in this space. Brainwashed is probably too harsh,,, but a lot of crypto people are a bit closed minded to say the truth or to see things correctly. Superior in technology does not mean much if it is not superior in security or superior in development like Bitcoin is.

All alts are in theory better than Bitcoin but when you see in reality how they all get hacked or all get controlled by founders, then the truth is known.

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January 24, 2020, 02:42:12 PM
 #84

It's been a long journey for bitcoin from the beginning and it's been able to overcome so many hardship, dirty predictions, bad market days, etc it's on of the reasons bitcoin is the most trusted in crypto world till date, if any altcoin is going to be that capable well it's all good but won't be able to beat bitcoin

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January 24, 2020, 02:50:11 PM
 #85

There are more altcoins in the market till date, but none have given hard competence to bitcoin. Successfully bitcoin have crossed its ten years, if some altcoins were to grow better than bitcoin now it could've happened. As things were getting advanced in the future there might be chances for better altcoins than bitcoin. Right now the chance for such an altcoin is really low.

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January 24, 2020, 02:50:29 PM
 #86


i don't want to use the term brainwashed. but maybe, not open minded. the popularity of bitcoin usage can't really be overcome by most projects that are offering more benefits than bitcoin. truly, there are several projects that were created to be much superior than bitcoin, however, they can't compete with bitcoin because as you said, they are not open minded people. we want to stick with btc as much as we are stuck in using USD as the global currency. if you know someone who is not into crypto, if you ask if he has any idea with crypto, and the first thing that will come up to his mind, is bitcoin. all the other alts are just secondary or most of them don't know their existence.

I think I would say open minded is a really tough thing to do in this space. Brainwashed is probably too harsh,,, but a lot of crypto people are a bit closed minded to say the truth or to see things correctly. Superior in technology does not mean much if it is not superior in security or superior in development like Bitcoin is.

All alts are in theory better than Bitcoin but when you see in reality how they all get hacked or all get controlled by founders, then the truth is known.
in the system and the price of bitcoin is indeed superior to other coins. so if a developer says that their coins are more efficient in transactions then there will be deficiencies elsewhere, whether it's in the level of decentralization or security. but so far bitcoin is still superior in price and security level.
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January 24, 2020, 03:28:40 PM
 #87




As the subject goes, can we expect the newly developed Altcoin that can go beyond Bitcoin?

In terms of platform features? Yes, there are many cryptocurrencies better than the features of bitcoin. Speed, security, other features, there are simply many created to surpass bitcoin's features and functions. But in terms of price? It would be very hard to beat the king of crypto. Bitcoin simply dominates the market in terms of market shares. There are too many supporters of its platform that neglect its outdated features in exchange to its price and dominance.
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January 24, 2020, 03:40:41 PM
 #88


i don't want to use the term brainwashed. but maybe, not open minded. the popularity of bitcoin usage can't really be overcome by most projects that are offering more benefits than bitcoin. truly, there are several projects that were created to be much superior than bitcoin, however, they can't compete with bitcoin because as you said, they are not open minded people. we want to stick with btc as much as we are stuck in using USD as the global currency. if you know someone who is not into crypto, if you ask if he has any idea with crypto, and the first thing that will come up to his mind, is bitcoin. all the other alts are just secondary or most of them don't know their existence.

I think I would say open minded is a really tough thing to do in this space. Brainwashed is probably too harsh,,, but a lot of crypto people are a bit closed minded to say the truth or to see things correctly. Superior in technology does not mean much if it is not superior in security or superior in development like Bitcoin is.

All alts are in theory better than Bitcoin but when you see in reality how they all get hacked or all get controlled by founders, then the truth is known.
in the system and the price of bitcoin is indeed superior to other coins. so if a developer says that their coins are more efficient in transactions then there will be deficiencies elsewhere, whether it's in the level of decentralization or security. but so far bitcoin is still superior in price and security level.
but several factors make altcoin also a good choice. It all depends on the function and usefulness of the coin. such as coins that have smaller transaction fees or withdrawal fees will be a more widely used option by traders than withdrawals using bitcoin that have greater fees.

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January 24, 2020, 03:43:21 PM
 #89

There are more altcoins in the market till date, but none have given hard competence to bitcoin. Successfully bitcoin have crossed its ten years, if some altcoins were to grow better than bitcoin now it could've happened. As things were getting advanced in the future there might be chances for better altcoins than bitcoin. Right now the chance for such an altcoin is really low.
Many have tried actually to surpass the features of bitcoin but none of it become successful. Until today I haven't seen altcoin better than bitcoin. In terms of features more users are into use of bitcoin. Indeed many altcoin in the market but in terms of benefits btc is still best.
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January 24, 2020, 03:44:40 PM
 #90

It's possible but it is gonna be hard.
In terms of adoption, Bitcoin already has the most of adoption worldwide already.
Some altcoins would seem like that it is gonna be candidate for replacement of Bitcoin, but in reality both are aiming differently.
I remembered back in the days when people tend to ask often if ETH would replace BTC soon.  Cheesy
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January 24, 2020, 03:55:20 PM
 #91




As the subject goes, can we expect the newly developed Altcoin that can go beyond Bitcoin?

Some altcoins boast of better features of course, but when it comes to acceptability, Bitcoin remains the most acceptable and nothing changes that. Also, Bitcoin is the most trust worthy for long term. Most altcoins which promise great features still fail in the long run, so it's pointless trying to figure out an altcoin that can go beyond Bitcoin per say. Also, don't be in a haste to forget that Bitcoin is the only truly decentralized cryptocurrency.

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January 24, 2020, 04:00:10 PM
 #92

There are many coins in the market that are already better than BTC, BUT WHY BITCOIN? Of course, it is the origin, maybe some are faster, convenient, and cheaper fees but nothing can bet the original, simple as that.
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January 24, 2020, 04:50:56 PM
 #93

There are many coins in the market that are already better than BTC, BUT WHY BITCOIN? Of course, it is the origin, maybe some are faster, convenient, and cheaper fees but nothing can bet the original, simple as that.
New investors treat the investment as a dog race, they gamble over the fastest choice. As a responsible investor, making research and choosing the best altcoins will make the crypto ecosystem a better place without scammers. For the short term, a certain altcoin can beat the market performance of BTC but the survival games will show which coins will pass to the next round after the long-cold bear market.
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January 24, 2020, 06:49:00 PM
 #94

Better in terms of speed and technology, YES, of course. It is possible and they are plenty of those out there. But bigger than BTC in terms of Market Capitalization is near to impossible. My opinion though. 


Displacing Bitcoin from Number 1 is only possible if Governments of top countries develop and use fiat based cryptocurrencies.
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January 24, 2020, 06:57:16 PM
 #95

There are more altcoins in the market till date, but none have given hard competence to bitcoin. Successfully bitcoin have crossed its ten years, if some altcoins were to grow better than bitcoin now it could've happened. As things were getting advanced in the future there might be chances for better altcoins than bitcoin. Right now the chance for such an altcoin is really low.
In my journey in the crypto community I have heard about a number of coins in which people are saying that some features of them are better than bitcoin but we can see that are not adopted and loved by people like bitcoin as we know the base of bitcoin is much stronger. It is because many people and many businesses are now involved in the usage of bitcoin and they all support it. It is the support of these people and companies which have made it the best coin of all. Till now if none of the coin came better than bitcoin then we can think that none of the coin can come better than bitcoin.
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January 24, 2020, 09:01:29 PM
 #96

The answer is Yes, but the question now is which coin would give the kind of returns BTC had last Decade. I don't know why people keep search for the next BTC when the real one is at your disposal. It is not late to buy BTC if the price is going to $100k in the nearest future


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January 24, 2020, 09:08:11 PM
 #97

As the subject goes, can we expect the newly developed Altcoin that can go beyond Bitcoin?
^ Bitcoin is unique and there's nothing better than bitcoin. I have known a copy cut of bitcoin that now pumped so much because there are too many conspiracy theories that it is a hype project and there are several exchanges delisted this coin. The BSV and BCH, they all start the name of Bitcoin but they can't overpass bitcoin. There are a lot of inventions that similar to bitcoin technology but the fact they dont have real use of the ecosystem.
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January 24, 2020, 09:25:17 PM
 #98




As the subject goes, can we expect the newly developed Altcoin that can go beyond Bitcoin?
Yeah you can create another altcoin that is better than bitcoin. But better based on what factor? There are altcoins out there that has better confirmation time. Again, there are coins out there that have scalable block size causing faster confirmation time and speed.
There might one day be a such altcoin that might become better than bitcoin in such a way that it will be used for daily transaction as a regular currency. But this does not mean that it will replace bitcoin. People will still use bitcoin as a store of value.

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January 24, 2020, 09:33:20 PM
 #99




As the subject goes, can we expect the newly developed Altcoin that can go beyond Bitcoin?
For technological problems, it might be able to surpass, it has already happened, but until now there are no coins or tokens that can exceed the bitcoin market capacity as "trusted". Moreover, bitcoin is a pioneer, has more adoptions and has gone through many challenges over the past decade, not a short time to achieve that.

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Pinkris128
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January 24, 2020, 10:44:13 PM
 #100




As the subject goes, can we expect the newly developed Altcoin that can go beyond Bitcoin?
I really think that there will be a newly developed altcoin that can go beyond bitcoin, even it is the first cryptocurrency that was ever created that someone could create that is more better than bitcoin when it comes to fast transaction and security. Always expect the unexpected that bitcoin could be replaced by a altcoin that we will be more unique and valuable in the future.
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