Salauddin1994
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October 07, 2020, 07:11:05 AM |
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Bitcoin has not been seen in any currency market yet bitcoin is less likely to outperform other currencies due to rising demand for crypto the prices of other currencies in the crypto market fluctuate depending on bitcoin but if the price of bitcoin goes down then other altcoin can pump up a lot. It will take a long time difficult for other currencies to survive in the face of bitcoin competition.
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ice098
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October 07, 2020, 10:58:03 AM |
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So far I do not see any such possibility.However, at present quite a few Defy projects are trying to do much better.Hopefully they will do better.However, I am not noticing any coins to top the bitcoin.
I didn't underestimate the possibility that new altcoin will rise up to overtake the dominating cryptocurrency which is bitcoin. But i am wholely trusted to bitcoin, i'd still believe that bitcoin will still dominate and still the synonymous cryptocurrency. ETH may also perform good in the crypto market but then no one beats the market value of bitcoin. I'm just hoping for the best for all crypto coins to uplift their values in the cryptomarket. |
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btc78
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Eloncoin.org - Mars, here we come!
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October 07, 2020, 12:23:26 PM |
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So far I do not see any such possibility.However, at present quite a few Defy projects are trying to do much better.Hopefully they will do better.However, I am not noticing any coins to top the bitcoin.
I didn't underestimate the possibility that new altcoin will rise up to overtake the dominating cryptocurrency which is bitcoin. But i am wholely trusted to bitcoin, i'd still believe that bitcoin will still dominate and still the synonymous cryptocurrency. ETH may also perform good in the crypto market but then no one beats the market value of bitcoin. I'm just hoping for the best for all crypto coins to uplift their values in the cryptomarket. You are talking at the present time but OP is asking for the whole existence of Bitcoin and cryptocurrency.it is not now but in future?maybe another 10 years or more/i believe that new Good coins will come and may overtake Bitcoin. and also the prices will increase insignificant when that time comes. maybe not in our time now but in the next years things will happen because i believe nothing is permanent in this world. |
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lienfaye
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October 07, 2020, 12:53:17 PM |
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We have been talking about this question for so so many years. Many have thought that Ethereum has been the best contender that Bitcoin has but up to this day after more than a decade, Ethereum has not overtaken Bitcoin. So this discussion would take so many years, maybe decades before a contender would be able to surpass bitcoin. Or maybe something will happen to bitcoin and whoever is the contender will probably succeed at that point. But as I said it will take a very very long time before this question will be answered.
Despite of many altcoins existing nowadays still bitcoin remain on the top. It just shows that no altcoin can replace fiat, it can solve what btc is lacking but it doesnt mean btc will become obsolete. The real competitor is not yet present so lets just accept that bitcoin cant overtake of any altcoins for now. |
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Zeronic
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October 07, 2020, 01:24:47 PM |
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Honestly, in my opinion, bitcoin is the most stable coin in cryptocurrency. No one can’t beat them, even a new coin still bitcoin has power to become the best on the market. Its existence influences many people.
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Valzador
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October 07, 2020, 01:30:54 PM |
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Honestly, in my opinion, bitcoin is the most stable coin in cryptocurrency.
In what way is it stable? Today the price of bitcoin is 10k USD, and tomorrow it could be 5k USD. Do you consider that price change is stable? You seem to have to do more basic math in elementary school. |
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gwapoinside2
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October 07, 2020, 02:40:27 PM |
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with the way the market behaves right now, the dominance of bitcoin will continue to grow. There are many projects in crypto space right now with promising long term potential. But I think none of then at the moment will have great possibility to overcome Bitcoin in terms of market shares. At least not yet in the near future.
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_IRMAN
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October 07, 2020, 02:53:29 PM |
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Rising in what way? Price? Or market cap?
In terms of price, of course there are many that can compete with bitcoin, developers only need to make coins with a very little supply, and boom the price more than Bitcoin. If it's market cap, I don't think there will be any altcoins that can exceed bitcoin.
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proTECH77
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Bisq Market Day - March 20th 2023
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October 07, 2020, 03:06:33 PM |
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Bitcoin is different from other cryptocurrencies in the areas of market. Sometimes it may look as if another altcoin want to rise to over take bitcoin place in the market not knowing that bitcoin is well stand in the market.
Bitcoin is well stand in the market which many investors prefer to invest with bitcoin than to invest with altcoin which is too slow in profit making in the market.
I guess, no altcoin will rise to over take bitcoin because bitcoin is too popular compare to other cryptocurrencies. Many customers prefer BTC exchange than altcoin exchange in the market.
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noorammak
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October 07, 2020, 03:32:14 PM |
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I believe that the yuan or dollar will one day go digital and become the world's largest alternative to bitcoin.
And the currencies I'm talking about are not that different from stable coins either. Their rates are always determined by the government and reflect the economy.
There are currently no altcoins that can compare to bitcoin by capitalization. Bitcoin is really a store of value and it will be. I just think that the altcoins that provide smart contracts like Ethereum, EOS, Tezos will actually replace each other.
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wheelz1200
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October 07, 2020, 03:34:19 PM |
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Rising in what way? Price? Or market cap?
In terms of price, of course there are many that can compete with bitcoin, developers only need to make coins with a very little supply, and boom the price more than Bitcoin. If it's market cap, I don't think there will be any altcoins that can exceed bitcoin.
I think by default they meant market share or market cap. Price is reflective of supply so like you said coin price can easily be overtaken, thats not what is up for debate here. |
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Arkann
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October 07, 2020, 03:34:25 PM |
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If you fully understand all the benefits, its functionality and benefits for the community, then there should be no questions about the fact that some altcoin can surpass bitcoin. In addition, I am sure that almost all bitcoin holders who have been keeping coins for almost 10 years will not allow the first cryptocurrency in the world to fall, whose goal is primarily financial independence and safety of every person's savings.
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emrecemsan
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October 08, 2020, 03:28:16 PM |
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I think this will happen in the near future because bitcoin falls technologically far behind the times. Transfer speed is really slow. Over time, as technology progresses, bitcoin can even become unusable.
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wheelz1200
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October 08, 2020, 10:42:51 PM |
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I think this will happen in the near future because bitcoin falls technologically far behind the times. Transfer speed is really slow. Over time, as technology progresses, bitcoin can even become unusable.
Transfer speed is slow but coins can be developed that change block times to mere seconds, does that make it more usable than bitcoin. Have ypu heard of lightning network. Do you think bitcoin and the things around bitcoin will never change? |
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(o)(o)ilikeboobs(o)(o)
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October 09, 2020, 01:01:22 AM |
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Altcoins grow, but they will never surpass bitcoin. Right now bitcoin is in the top spot, reputable companies and individuals are actively buying bitcoin.
In my experience, altcoins can only rise in price when bitcoin rises. That means bitcoin is always ahead of altcoins so there is no reason to say that altcoins will beat bitcoin.
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soenan
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March 07, 2021, 09:14:22 AM |
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In my opinion, many other altcoins want to take over the price of BItcoin, one of which is yearn.finance with YFI token governance shaking the crypto-asset market due to its fantastic price movements, where 1 YFI exceeds the price of 1 BTC, and also tangible benefits. however, even though YFI's price is fantastic, it can't take over Bitcoin because bitcoin will continue to be the number one
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sniveel
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March 07, 2021, 10:33:48 AM |
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I don't think any altcoin will gonna overtake bitcoin today. Bitcoin is always the king and it will should be, there are lots of top altcoins in the market but none of them surpass bitcoin since in the beginning. But who knows in the future if there will be altcoin which gonna take over bitcoin? So it is better to stay tuned.
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Lantind
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March 07, 2021, 10:37:57 AM |
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I don't think there will be another altcoin that will over take Bitcoin.It was the first altcoin to be created before all the others definitely the master of all.A rise in price of Btc will cause all the other altcoins to rise and vice-versa so it will take a long time to create any altcoin that will overtake Btc.
I myself am very surprised when the development of crypto has expanded, as today there are so many unimportant jokes born into crypto, some of them are too overbearing to say that they will take over Bitcoin and Bitcoin's current position, do they think Bitcoin will develop in just one day ? |
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owengtam09
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March 07, 2021, 12:34:49 PM |
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Too impossible to happen. Why? We all know that bitcoin is the mother of all crypt of and I would say no other coin can overtake bitcoin. We are all here because of bitcoin and those altcoins are just relying on bitcoin even Binance can't overtake bitcoin for sure. I think this is also ask many times already here on this site and the answer is always NO.
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conected
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March 07, 2021, 03:53:25 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 do not think it is going to happen atleast for many many more years. But with recent developments and upcoming Eth 2.0 and deflationary model of ethereum network i do think that ethereum will become capable to gain more market share and give some serious competition to bitcoin espevially if they are able to come up as an efficient network for mass usage. - Ethereum is a superior competitor to the rest and stands very close to bitcoin but after years of racing, occupying each other's market share, I just see the value of ethereum being too small compared to the rise of bitcoin, I don't want to underestimate ethereum and everyone's judgment but this is a practical perspective, bitcoin is still preferred by many people. After the most recent bull run, surpassing bitcoin has probably become a nightmare for most altcoins, despite the rapid growth of altcoins, bitcoin crushes them too easily. |
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