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Author Topic: Will another altcoin rise to overtaken Bitcoin?  (Read 2752 times)
Bezobraznike
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May 08, 2020, 08:25:55 AM
 #161

This won't happen. Not in the lifetime of Bitcoin. It's sad that this topic is the line that most emerging coins of 2017-2019 used as their headline if wanting to replace Bitcoin. None if them could enter top 10. Bitcoin will be moderated and remain king as long as crypto stands

   I often think about this, can some alt-coin replace Bitcoin, and which one can it be? Predicting that is like
winning on lottery! But for now I don't have any special alt-coin that I think it can replace Bitcoin, even in
long-term like 10-20 years!
   But I invest in alt-coins, and I try to diversify as much as I can! Maybe one day some of alt-coins we invest
know can get very close to Bitcoin, we never know what future holds and changes are happening all the time.



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May 08, 2020, 06:45:16 PM
 #162

No. Actually bitcoin is just getting started and we have just started the journey of adoption and i think in next 5 to 10 years btc mass adoption will become a reality and the price will be between 1 to 10 million per btc and then we may see a better or revilutionary innovation or coin proje t that may overtake btc but currently i do not see there is any threat of this type in the market right now.
For some weird reason some people believe that bitcoin has hit its limit and that an altcoin could surpass it in the future, but that is not what I see in my opinion bitcoin is just getting started, it is true that after 2017 the interest in bitcoin has gone down somewhat but that is natural especially after the crash that we suffered but I'm pretty sure that the economic crisis that we are facing will bring more attention to bitcoin as an asset that can be used to somehow protect yourself from the difficult times that are coming.

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May 08, 2020, 08:07:59 PM
 #163

I have not see any altcoins which will overtaken bitcoin Because bitcoin always be king and number one top rank. Is that biggest volume from all coins in the crypto market, so you can get thinking IT'S never possible. 

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May 08, 2020, 09:40:58 PM
 #164

Do not trust, flippening will never happen, thanks to idea, I lost big potential profit, while I held Ethereum and believed that it will happen, actually it didn´t happen and while Bitcoin´s price increased from 3000USD to 20000USD, Ethereum´s price increased from 200USD to 500USD.  Cheesy

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May 08, 2020, 10:07:51 PM
 #165

For more than a decade of its existence, I'd never find nor to know that one altcoin had surpassed Bitcoin even just in a minute or in second. Not even ETH can make how much more the next coming altcoins. We have known already that the creation of BTC Gold is something to caught attention but somehow it never gets it and the trust of people stick to bitcoin.

There is no having that sense to think an altcoin to kick Bitcoin out from the position it has. Bitcoin builds its reputation already and that was strong enough to hold the trust of all crypto investors and holders. 

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May 08, 2020, 11:02:50 PM
 #166

BTC is a very powerful asset in crypto market, no altcoin can match BTC when it comes to popularity everyone knowns how strong enough is the coin also altcoins price are still dependent on BTC price.

BTC has never disappointed the investors even in this tough market phase it is performing and we are experiencing this well, that's the nature of this coin. However it's very very hard for the alts to over take BTC.

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May 08, 2020, 11:17:46 PM
 #167

BTC is a very powerful asset in crypto market, no altcoin can match BTC when it comes to popularity everyone knowns how strong enough is the coin also altcoins price are still dependent on BTC price.

BTC has never disappointed the investors even in this tough market phase it is performing and we are experiencing this well, that's the nature of this coin. However it's very very hard for the alts to over take BTC.

When you are talking about popularity, it is really hard to match bitcoin's popularity. Many alts can be created to surpass the technology and features of bitcoin but the popularity of usage will be unmatched for a very long time. So right now, I haven't seen another alt that will potentially overtake bitcoin in the near future.
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May 11, 2020, 12:24:35 PM
 #168



It is clear that the Technology doesn't win the game.
Rather, we could consider a few elements which creates value:

- The Time. The longer something exist the strongest it is.
- Awareness. The more people know about your product the better your product will be sell (even if it is crap; i am not saying Bitcoin is crap).
- The strength of the community. Here i am speaking about the people developing BITCOIN and making it evolve according to the initial Vision.

The problem of BITCOIN today is that many instruments of the normal financial market have been implemented over Bitcoin such as derivative.

On one hand, BITCOIN has been created for an alternative monetary system but as more value it takes and as more we replicate the bad habits of the "elite" financial system.

I have written a few article on those subjects, you can find them here:

DAY 002: The 5 reasons WHY Feathercoin is BETTER than Bitcoin: https://feathercointomars.com/2020/05/06/day-002-the-5-reasons-why-feathercoin-is-better-than-bitcoin/

DAY 006: The little-known METHOD used by the best TRADERS to gain in periods of RISE and FALL: https://feathercointomars.com/2020/05/10/day-006-the-little-known-method-used-by-the-best-traders-to-gain-in-periods-of-rise-and-fall/

Have a great HALVING DAY

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May 11, 2020, 12:41:53 PM
 #169

I have seen a lot of altcoin tried to dominate the crypto-market over bitcoin but form what I see, people still choose bitcoin. Bitcoin is bitcoin and it's like the origin of this cryptocurrency.
I think there will be no replacement for bitcoin, no altcoin to overpower bitcoin.
When bitcoin goes down, most altcoins follow.

BUT, if ever there will be an altcoin to rival with bitcoin then hopefully I get to invest before it spikes in the market.  Grin
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May 11, 2020, 12:44:00 PM
 #170

Don't ever dream that altcoin will be able to replace Bitcoin, it will never happen. Until now very many altcoins have sprung up, but their position is still below bitcoin, although big atcoins like BNB and ETH will never be able to shift the position of bitcoin, Because Bitcoin is the father of all existing Altcoin.

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May 11, 2020, 01:11:03 PM
 #171

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.
For now I can't see any alternative coin will surpass the bitcoin it was hard to believe that there was an alternative coin that will lead on bitcoin, even if many altcoin showing potential but until now no one take part on the position of bitcoin on being number one crypto currency we cannot change that bitcoin is the mother of all coin.

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May 11, 2020, 01:22:03 PM
 #172

I don't think any altcoin will ever beat the price of bitcoin, bitcoin is the main coin in this market and of course it will always dominate the cryptoqurrency market. so I don't think any altcoin will ever beat the price of bitcoin itself.
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May 11, 2020, 01:52:15 PM
 #173

First of all, we need to remember that Bitcoin is the original cryptocurrency. So BTC is never going to forfeit that status. Altcoins have been created since a long long time. But they can be only considered as copycats. There may be some differences in the algorithm and coding, but the basic idea remains the same. The future altcoins are also likely to be the same. Under such circumstances, I don't expect any alt to replace Bitcoin.
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May 11, 2020, 02:02:31 PM
 #174

I don't think any altcoin will ever beat the price of bitcoin, bitcoin is the main coin in this market and of course it will always dominate the cryptoqurrency market. so I don't think any altcoin will ever beat the price of bitcoin itself.
It will make the holders that's keeping more with altcoins than bitcoin to feel bad. They will hardly accept that there will be no altcoin that can replace bitcoin. It's been a very long discussion since they've been seeing a lot of altcoins getting into the market. I'm with few altcoins but never thought of this ambitious goal that one of my altcoin will ever overtake bitcoin. That's such an ambitious thing to think of, sadly, there are still developers and endorsers who keep on thinking of this.

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May 11, 2020, 02:27:18 PM
 #175

No one will rise above BTC until BTC ceases to be a universally recognized "entry point" to cryptocurrencies. The community itself prays for BTC and therefore btc dominance will remain so big.
As long as you believe in BTC - BTC will own the market like an Emperor.
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May 22, 2020, 07:09:53 PM
 #176

Bitcoin will never shift from the first position...
Bitcoin is the most valuable crypto asset at the moment, Altcoin isn't quite capable of being the most valuable beyond Bitcoin. Bitcoin itself currently controls 60% of the cryptocurrency market, Altcoin is impossible to become the most valuable than Bitcoin.
yes, if it's a matter of price, then bitcoin can never be replaced by any altcoin, even from popular altcoin. however, in the matter of increasing price percentage, bitcoin can be defeated, because altcoin has a low price, and can easily go up to hundreds of percent.
however, bitcoin still remains the king of the crypto world.
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May 22, 2020, 07:41:55 PM
 #177

This is almost going to be an impossible thing to happen. With the solidity and recognition Bitcoin has garnered, finding another digital assets with the same level of strength and power is impossible and certainly, finding a cryptocurrency more powerful than difficult is out of place, an impossibility to say the least. We have had projects that all came with the intention of displacing Bitcoin but they all couldn't measure up to the expectations and promises. Today, Bitcoin is standing even taller than it was yesterday. This shows the strength and effect Bitcoin has.
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May 24, 2020, 12:17:53 PM
 #178

In the future maybe some altcoins can replace bitcoin but I'm sure it will take long to happen if people will not support bitcoin anymore because of the high fee and slow speed transaction.

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May 24, 2020, 12:18:06 PM
 #179

No one will rise above BTC until BTC ceases to be a universally recognized "entry point" to cryptocurrencies. The community itself prays for BTC and therefore btc dominance will remain so big.
As long as you believe in BTC - BTC will own the market like an Emperor.

It is from trust in bitcoin that its price is formed. Therefore, it is not surprising when its price rises or falls very much. That is why it is now impossible to name a coin that would be on the same level as BTC in terms of trust. And I do not believe that in the future there will be a new coin that can surpass bitcoin.

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May 24, 2020, 12:52:24 PM
 #180

It will never happen, because even now the newly created altcoins are fundamentally very similar to Bitcoin, which was invented more than a decade ago. The technology behind cryptocurrency has seen very little progress, despite all these passing years. And unless we witness the emergence of a cryptocurrency which is different and superior to Bitcoin, none of the alts will be able to challenge BTC.
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