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Author Topic: Assuming  (Read 163 times)
aprilnot
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January 09, 2022, 06:28:34 AM
 #21

Let's have this fun conversation today 😁 assuming BTC is just entering the space today and was never released in 2009 will BTC succeed like what it has come to be today? Assuming ETH was the first coin and we have every other coins like doge and xrp then BTC now come out in 2022 what do you think will happen?

if bitcoin was not the first crypto coin and was just released today, what would happen to btc. the answer is simple, btc will just be a neglected altcoins. actually POW and bitcoin blockchain are old technologies that haven't gotten any major updates since they were first launched. this will make bitcoin less viable because many new blockchains released today have many advantages over bitcoin. call it privacy coins like monero, or cheaper blockchains like doge and many more. if new bitcoins were released today, btc would have a hard time entering the market and probably no one would know what bitcoin is.

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barabeku
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January 09, 2022, 07:00:25 AM
 #22

Let's have this fun conversation today 😁 assuming BTC is just entering the space today and was never released in 2009 will BTC succeed like what it has come to be today? Assuming ETH was the first coin and we have every other coins like doge and xrp then BTC now come out in 2022 what do you think will happen?
I think that if Bitcoin appeared only in 2022, it would not as popular as it is now, it would never become the first cryptocurrency. It has too old and slow technologies, there are many blockchains that offer faster, cheaper, more scalable and more private solutions. What is more, it doesn't support smart-contracts so considering it just as a currency, it is unfashionable.

Skinny48
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January 09, 2022, 07:12:06 AM
 #23

BTC will be called alt if it's just getting released today and many won't take it so serious, it will just be another extra coin trying to claim decentralized engine and also price won't be huge like it is right now, all eye will still be on top altcoins and the first coin itself maybe ETH or other

cryptomaniac_xxx
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January 09, 2022, 09:28:53 PM
 #24

Let's have this fun conversation today 😁 assuming BTC is just entering the space today and was never released in 2009 will BTC succeed like what it has come to be today? Assuming ETH was the first coin and we have every other coins like doge and xrp then BTC now come out in 2022 what do you think will happen?

This is a futile discussion.

Yeah, but sometimes we love to hear this kind of speculation in the market, discussion here is not just above the price movement.

But if ETH was indeed the first coin to come out then I think it's quite clear that it would inherit the first mover advantage of BTC and become the primary coin in the cryptospace.

Being first in any field of innovation is extremely important and you get most of the adopters. But I highly doubt that ETH's smart contract capabilities would come out at that early stage without BTC laying the foundations of blockchain tech.

Being the prime mover has it's advantage, not just in crypto space, but in other market as well.

The only thing is that if this prime mover didn't sustain it's run, then somebody can take over. And so if bitcoin was born today, perhaps it will not be as popular and ETH will become the adopted crypto in the space.

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dark1234
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January 09, 2022, 10:07:54 PM
 #25

maybe in other words if the blockchain world reversed bitcoin as a newcomer could ETH be the first in the market I think it's not necessarily possible it will be occupied by other coins while bitcoin is still trying to move the price when many new coins are similar. this is just my assumption because in fact bitcoin is number one not because it appeared first and others followed but more than that, there is a thought, struggle and hope for a more efficient and reliable future

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