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killerfrost
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April 19, 2020, 11:38:33 AM |
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No it's not going to happen, not even binance which is the most active team in crypto space today can beat Bitcoin, can't say about years in the future but Bitcoin is the main reason we are all here today, stop dreaming and support bitcoin today
No altcoin can ever surpass Bitcoin's dominance, and Binance coin is just a utility token used at their exchange. If this exchange collapses, then BNB will also collapse shortly thereafter |
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kynaz
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http://unidapp.app
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April 19, 2020, 11:41:49 AM |
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No it's not going to happen, not even binance which is the most active team in crypto space today can beat Bitcoin, can't say about years in the future but Bitcoin is the main reason we are all here today, stop dreaming and support bitcoin today
No altcoin can ever surpass Bitcoin's dominance, and Binance coin is just a utility token used at their exchange. If this exchange collapses, then BNB will also collapse shortly thereafter I agree with you. BNB will never be able to dominate this market because investors often choose to invest in this coin only because of the benefits it brings to investors. Compared with Bitcoin, BNB will never be able to compete because Bitcoin is always the coin mentioned when talking about this market. At this point Bitcoin will still dominate and altcoin will forever be altcoin only. |
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disconnectme
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April 19, 2020, 12:22:45 PM |
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First of all, no Altcoin as overtaken Bitcoin before. I think there is a slim chance of these happening just Because the Bitcoin stick of Digital Gold stick, unlike some of these ALtcoins that want to do anything. The issue of scaling is not particular to Bitcoin, other Altcoins have these issue also so it is still up in the air. I think we need something else in the space to give Bitcoin run for its money because Ethereum fail greatly in this regard
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Vishnu.Reang
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April 19, 2020, 01:00:24 PM |
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Definitely not.
"Cryptocurrency" was a unique idea, which was first invented by Satoshi Nakamoto in 2008. Bitcoin represents that idea. All the other altcoins (including Ethereum, Cardano, Ripple.etc) have tried to copy that idea with only minor changes. Some of them claims to be much advanced when compared to Bitcoin, but even with them the basic technology and idea remains the same. Under such circumstances, I can't foresee any other cryptocurrency overtaking Bitcoin, either in terms of popularity or acceptability.
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DonFacundo
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April 19, 2020, 01:03:43 PM |
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bitcoin is 11 years of existence and still no altcoins can overtake bitcoin. I don't think if there is altcoins will overtake bitcoin in the future but I believe bitcoin will still remain no. 1 crypto.
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Angemas
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April 19, 2020, 01:11:59 PM |
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Taking into consideration the nature and redundancy of Bitcoin technology and the difficulty in scaling, I am very curious to know if Bitcoin protocol will be dropped one day and another coin build to take its place. because now it's almost like the redundancy of Bitcoin and the time it takes for a transaction to be processed is part of what is affecting its mainstream adoption as a currency. please share your thoughts.
I think altcoin can't overtaken Bitcoin in this decade, even in the future i still doubt any Altcoin can overtaken bitcoin, But maybe Ethereum can do that, let's see.. |
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Vishnu.Reang
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April 19, 2020, 01:13:38 PM |
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bitcoin is 11 years of existence and still no altcoins can overtake bitcoin. I don't think if there is altcoins will overtake bitcoin in the future but I believe bitcoin will still remain no. 1 crypto.
Ethereum came very close in mid-2017. That was when the ICO hype was at its peak. And Bitcoin was in a weak spot, thanks to the BCH fork. If I am not wrong, the market share was like 33% for Bitcoin, and 31% for Ethereum. But that was the topmost level ETH could reach. The ICO market got destroyed in less than a year and along with that the altcoin bubble burst. |
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X-ray
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April 19, 2020, 01:15:40 PM |
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No it's not going to happen, not even binance which is the most active team in crypto space today can beat Bitcoin, can't say about years in the future but Bitcoin is the main reason we are all here today, stop dreaming and support bitcoin today
No altcoin can ever surpass Bitcoin's dominance, and Binance coin is just a utility token used at their exchange. If this exchange collapses, then BNB will also collapse shortly thereafter That's true. even if the possibility will always there for a coin to replace bitcoin but im not sure if that can happen easily. The fact that if we must see the fundamental of crypto ecosystem. Bitcoin like a mother of crypto that will never be replaced by alternative coin. Especially it has limited supply which was giving more advantage to push the price |
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kindbtc
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April 19, 2020, 01:29:25 PM |
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I do not think that any other coin is going to take over bitcoin atleast any time soon, this is because of many factors and as far as you have talked about the scaling issues, do remember that scaling solutions are being worked on like lightening network that will make btc transactions instant and almost free. Bitcoin is not going anywhere it is here to stay.
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mlmdaily
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April 19, 2020, 01:43:54 PM |
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Bitcoin is a brand. It like apple. Their phones isnt the best by tech but everyone like iphones. The same with btc. Its indicate the whole industry and can be the store of value
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passwordnow
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April 19, 2020, 02:16:03 PM |
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Bitcoin is a brand. It like apple. Their phones isnt the best by tech but everyone like iphones. The same with btc.
There's a sense with that comparison but on the part that saying that it isn't the best. People see that there's a flaw in bitcoin but it's upgrading as time passes and they don't realize that it's making bitcoin the best of them all, well ever since bitcoin has been the best. Its indicate the whole industry and can be the store of value
Yes, when we say crypto, the first thing that comes to our minds is bitcoin. I can't agree more about it as a store of value. |
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minairia3
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Vave.com - Crypto Casino
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April 19, 2020, 02:23:12 PM |
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Taking into consideration the nature and redundancy of Bitcoin technology and the difficulty in scaling, I am very curious to know if Bitcoin protocol will be dropped one day and another coin build to take its place. because now it's almost like the redundancy of Bitcoin and the time it takes for a transaction to be processed is part of what is affecting its mainstream adoption as a currency. please share your thoughts.
Whats redundancy about bitcoin? Maybe its altcoin you are talking about here. Remember that bitcoin is the first technology that introduced blockchain all the following cryptocurrency are all imitation and its altcoins that copied the system. Yes its an old payment system but remember it have the very first consensus PoW and the peer to peer system we all using now. If there is an altcoin for replacement with this, maybe they need to be something really intimidating to scare of a little those bitcoin investors and believers but its not gonna happen. Bitcoin reputation has been all over the world. |
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escalante28
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April 19, 2020, 02:35:01 PM |
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At this point in time, there will be no altcoins yet to take over bitcoin. As everyone is expecting bitcoin halving will take place this coming May 11, 2020. And bitcoin halving time is one of the most anticipated developments in the cryptocurrency space for 2020. So by that time, we can expect more dominance of bitcoin, but let's not set aside that there are lots of good altcoins now and they are doing their best for the developments of their ecosystem too. So, for now, let's just observe and see what will happen in the future.
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masterrex
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April 19, 2020, 02:52:19 PM |
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Taking into consideration the nature and redundancy of Bitcoin technology and the difficulty in scaling, I am very curious to know if Bitcoin protocol will be dropped one day and another coin build to take its place. because now it's almost like the redundancy of Bitcoin and the time it takes for a transaction to be processed is part of what is affecting its mainstream adoption as a currency. please share your thoughts.
If we going to consider all other aspects in the crypto industry everything happens in the way of surprises sometimes even without a particular reason just like a pump and dump event. So I think dethroning Bitcoin is highly possible, but somehow it would not happen easily because bitcoin as a pioneering crypto-currency has already built a foundation that has not easy to destroy that was my opinion. |
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thesmallgod
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April 19, 2020, 02:56:42 PM |
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Maybe but it is quiet going to be difficult to see any coin that will overtake bitcoin. People still believe bitcoin being around before others is more transparent and decentralized than any other altcoin. In fact there are categories of some people who still dont know there are other crypto apart from bitcoin. it will be very hard but nothing is impossible
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Rrita
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April 19, 2020, 04:59:51 PM |
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nope, No one coin can bet bitcoin at all. bitcoin is the king or father of the crypto world. It has a huge demand and popularity. for the popularity and technology grow the value of Bitcoin. So never think that any other coin will come and replace it with bitcoin. So just forget about this and try to think new idea man.
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BitcoinTurk
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April 19, 2020, 05:10:55 PM Merited by Mr. Answer (2) |
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If we think that the crypto money markets are prepared for all kinds of surprises, it is not possible to say no precisely and clearly. However, there is a fact that it does not seem possible to realize the situation you are talking about either in the short term or in the long term. It is very difficult to predict the market in the long term, but I think a project with this potential will be realized in the next 20 years. If such a project does not take place in the process I am talking about and no alternative crypto money can achieve the first place, then it would be a mistake to expect such a thing afterwards. Moreover, apart from cryptocurrencies created by the states, Bitcoin will be the base currency as it is today. In short, my answer to the question you asked for the near or medium term process is clearly no, whereas in the long term process such a possibility can happen.
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uray
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April 19, 2020, 05:11:04 PM |
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Taking into consideration the nature and redundancy of Bitcoin technology and the difficulty in scaling, I am very curious to know if Bitcoin protocol will be dropped one day and another coin build to take its place.
This is a wet dream for all the new projects in the market and we have seen thousands of projects claiming to be better than bitcoin and in the end what happens, they either stop developing or either end up as a scam and many new projects and coins are coming every month and nothing is going to change, if any of the coins has the same transaction volume of bitcoin then it will slow down too, we have some forks and lets see what they will accomplish in the future. |
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mahibul49
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April 19, 2020, 05:15:31 PM |
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this is day dream i think.bitcoin is strong and the technology behind BTC is really different from other altcoin.no new coin van be surpass bitcoin and bitcoin is still the most popular and most trusted decentralized coin.
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Vod
Legendary
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April 19, 2020, 05:18:07 PM |
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this is day dream i think.bitcoin is strong and the technology behind BTC is really different from other altcoin.no new coin van be surpass bitcoin and bitcoin is still the most popular and most trusted decentralized coin.
The technology supporting bitcoin is now a decade old. Everything gets replaced by improvements. |
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