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Author Topic: Will bitcoin remain the biggest cryptocurrency at the end of 2021?  (Read 278 times)
ipanks
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January 30, 2021, 03:33:47 PM
 #41

many people thinks that etherium will take the place of bitcoin soon or later. what do you think guys will bitcoin the remain the biggest crypto in 2021?
I do not think ethereum will take the place of bitcoin sooner or later because so far, bitcoin become stronger this year while ethereum still behind bitcoin. So that will make bitcoin position strong and it can not replace by any coin. Besides that, new people come to the crypto project because they read much news about bitcoin, and bitcoin become the main news in many media. Bitcoin will remain the biggest crypto in 2021.



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January 30, 2021, 04:00:19 PM
 #42

many people thinks that etherium will take the place of bitcoin soon or later

Many people are Ethereum fanboys who believe all the marketing claims from the Ethereum team. Ethereum only becomes more and more centralized with each new day, and it still doesn't show any adoption that matters - it only creates useless hypes like ICO and DeFi that have no impact on the real world and mostly just scams.

Lots of investors view Bitcoin as digital gold - but does anyone view Ethereum as digital gold? So how can it overtake Bitcoin?

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January 30, 2021, 04:14:53 PM
 #43

many people thinks that etherium will take the place of bitcoin soon or later. what do you think guys will bitcoin the remain the biggest crypto in 2021?

So let's assume that was to happen anytime in the future, that a project with such potential to overtake bitcoin in terms of market cap. That coin is yet to be developed as none of the current projects has it in them to overthrown bitcoin not even Ethereum or USDT. The adoption rate if bitcoin is far above any cryptocurrency in existence.

Only the government or government backed project can achieve this milestone. There was a time when the Libra project was making wave and I thought that was the best that could have overthrown bitcoin in market cap since facebook already has trillions in store. But fortunately that project die off the radar.

Any project with such potential has to be a stablecoin as no coin with volatility can outperformed bitcoin in market cap irrespective of whatever the project claim to offer.

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January 30, 2021, 05:27:17 PM
 #44

This thing is quite having a higher tendency to happen more than  Bitcoin reaching $100k this year for other Market analyst. Bitcoin managed to have large community of its users sine it was created. Why do I believe to such claim? Try talking about cryptocurrencies to some of your friends having no idea of what it really is. Chances are high that they will mention Bitcoin as an example, or to some cases people are referring to Bitcoin representation of the cryptocurrency market in general. That I think is how popular Bitcoin is. There is even a tendency for a coin  to be killed by the hype of Honda Wave.

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January 30, 2021, 05:31:37 PM
 #45

not only in 2021, Bitcoin will remain the king of crypto for all time, not only in terms of value, but in terms of its uniqueness and luxury that will make bitcoin continue to lead cryptocurrency. the reason is without bitcoin, we would never know cryptocurrency. although DeFi, or even Ethereum, is the parent crypto, it remains the parent and cannot be replaced.

(my acknowledgment and belief in Bitcoin)

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January 30, 2021, 05:50:13 PM
 #46

many people thinks that etherium will take the place of bitcoin soon or later. what do you think guys will bitcoin the remain the biggest crypto in 2021?
Which people thinks that ethereum will take the place of bitcoin. Bitcoin is here to stay as the biggest currency in the world, you might see coins with unlimited coins in circulation having a much greater market capital in the future but to overcome the dominance of bitcoin is impossible and i do not consider ETH as a currency Tongue.
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January 30, 2021, 08:24:57 PM
 #47

many people thinks that etherium will take the place of bitcoin soon or later. what do you think guys will bitcoin the remain the biggest crypto in 2021?

Why would any crypto user say Ethereum will replace bitcoin as the biggest cryptocurrency at the end of 2021? That is simply what we call a fantasy. And they should know that fantasies are not real.
Bitcoin has been the biggest cryptocurrency since its inception and will remain so, not only at then end of this year but at the end of every year.
While I'm no disputing the fact that it is possible, by some chances, worth what bitcoin currently worth, I'm sure it cannot at any time worth more than bitcoin. This is because bitcoin will continue to rise in value and by the time Ethereum hits $32k, bitcoin would probably have hit $500k

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January 30, 2021, 08:35:48 PM
 #48

I think the term "cryptocurrency" will become less relevant as digital tokens split into different classes.

For example, DeFi tokens such as Aave and Uniswap (which are bumping at the moment) provide benefits in different ways.

Pure cryptocurrencies might become Bitcoin cash and Litecoin, and Bitcoin will probably always be a store of value.
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January 30, 2021, 09:26:45 PM
 #49

many people thinks that etherium will take the place of bitcoin soon or later. what do you think guys will bitcoin the remain the biggest crypto in 2021?

Can you please elaborate further on whom you are referring to as these 'people'? Again, without any sufficient information and valid basis for this claim, this should not be taken seriously.

Bitcoin, the leading and reigning currency, will remain in its top position until another cryptocurrency will be able to defeat the number of sales in the market. In addition, even if there are other cryptocurrencies which are relatively 'better' in terms of convenience, if people would not purchase that coin, then its value will not/never increase.

What determines the price of bitcoin is the amount of people willing to purchase it at such price.

R


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