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Author Topic: Which cryptocurrency will lead the currency market in near 5 years?  (Read 184 times)
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March 23, 2023, 01:39:04 PM
 #21

I think we can always rely on Bitcoin for whatsoever we want to do in the market. Bitcoin is one of the most volatile and safer project since the beginning of the cryptocurrency world. It is good for us to hold other coins but it could pose a potential risk to us if the project eventually crashes out. Bitcoin would always remain our choice since it is the major coin that controls the cryptocurrency market.
We should always endeavour to keep our investment firm from projects that could easily crash out from the cryptocurrency market.









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March 23, 2023, 03:04:57 PM
 #22

I think bitcoin will lead the currency market because it was created as a way for people to send money over the internet. There are many advantages of bitcoin like Direct Transfer, Greater Liquidity, Security and so on. Bitcoin's maximum supply is limited to 21 million coins. Cryptocurrency gains value when demand rises higher than supply. for that i think bitcoin will lead the currency market in near 5 years. Which currency you think will lead?
Seeing what bitcoin has obtained so far since its inception, it is clear that bitcoin will continue to dominate the Cryptocurrency market and so on because bitcoin is the only coin that we can trust for the long term besides bitcoin we can say that its presence is only as a complement to bitcoin on the market, even though at this time there are already thousands of altcoins and some of them have been developed more sophisticated than bitcoin, this does not make investors interested in adopting them other than bitcoin.

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March 23, 2023, 03:50:21 PM
 #23

Bitcoin has been #1 for 14 years. I don't see why such a small time span as 5 years that would change. I believe that the time of high risk of Bitcoin losing its dominance is behind us. It was the time of 2017 ICO and altcoin hype, where so many projects seemed promising and Bitcoin seemed too limited to many people. The market dominance of Bitcoin was gradually dropping and Ethereum came closer than before. But nowadays, many years after those times and seeing that Bitcoin has successfully maintained its status as a #1 currency, Bitcoin seems strong and unlikely to become weaker.

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March 23, 2023, 04:01:03 PM
 #24

Bitcoin will lead the currency market in next 5 years. Please see here the market cap for each coin  https://coinmarketcap.com/coins/.
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March 23, 2023, 05:07:12 PM
 #25

Pretty sure Bitcoin will always be the number one cryptocurrency by market cap.

Only thing that could possibly match Bitcoin's size is Ethereum, but so far Ethereum has no actual popular apps, its pretty much all just gambling DeFi stuff, meme tokens, and minor projects. If things of actual consequence and use ever get built and mass-used on Ethereum then it's possible Ethereum could get as big as Bitcoin, but a lot of the value would accrue in the tokens, not in ETH itself, so even if that did happen I'm not sure Ethereum could pass Bitcoin.

Bitcoin and Ethereum are two entirely different markets though. One is a currency and one is the base token for an app network.

But in 5 years nothing has a chance of catching Bitcoin.
And actually I think over time Ethereum will actually lose value against Bitcoin. Because I think eventually even if crypto apps become more than just gambling schemes, if they start having real world use, other L1's will start taking market share as well and Ethereum will have to share the space with other platforms once Crypto grows big. While there is only one Bitcoin and there will be nothing that can compete in that space.

And of course nothing else has any chance of being more than a fraction of Bitcoin's market cap.
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March 23, 2023, 05:34:20 PM
 #26

No one can predict the future to know what exactly will happen in the next five years but from the look of things Bitcoin is not giving sign of loosing the number one spot anytime soon just like some one said before under this thread that the gap between the Bitcoin and the altcoins is too huge to catch up with and majority of the altcoins team seems lagged and relent to compete with Bitcoin. Let just focus on the current trend and leave the future for now.
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March 23, 2023, 05:57:24 PM
 #27

I think bitcoin will lead the currency market because it was created as a way for people to send money over the internet. There are many advantages of bitcoin like Direct Transfer, Greater Liquidity, Security and so on. Bitcoin's maximum supply is limited to 21 million coins. Cryptocurrency gains value when demand rises higher than supply. for that i think bitcoin will lead the currency market in near 5 years. Which currency you think will lead?
Of course it is Bitcoin. Altcoins are affected by the price of Bitcoin and any copy of coins in this crypto hence called alternative coins. Sure, the technology on other altcoins could be used in the world but still as the leader people most likely know about Bitcoin when they search about cryptocurrency in the Google Search Bar. Also, the price keeps rising so it does become the lead of other currency there.

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March 23, 2023, 07:06:09 PM
 #28

I think Ethereum will lead the currency market in the near future. Ethereum is the second-largest crypto asset by market capitalization and is seen as a viable alternative to Bitcoin. It has a wide range of use cases and is backed by a strong development team. Ethereum's transactions are faster and cheaper than Bitcoin's and its smart contract technology offers a wide range of potential applications. Ethereum also has a larger total supply than Bitcoin, making it less scarce and thus more accessible to a larger group of users. It also has a more decentralized network structure than Bitcoin, making it more resistant to censorship and manipulation,  Ethereum has the potential to become the leading cryptocurrency in the near future
I believe that ethereum will not "lead" crypto, as in be bigger than bitcoin, but it could definitely keep its spot, there is no returning back from that. I think it is easy to understand that bitcoin has this kind of vibe where it is the first thing ever, not just in the crypto world but even when a newbie comes in, they do not suddenly think about ethereum, they do not look at that, they look at bitcoin first and want to buy bitcoin first.

Look at the volumes, just that alone is a proof enough that bitcoin is bigger and will stay bigger because the difference is huge. I think it is important to keep their two rankings the same and keep it going for a while longer.

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March 23, 2023, 07:35:43 PM
 #29

Which currency you think will lead?

As always, it will be bitcoin and none other. Most investors got more trust and will always tend to lean towards bitcoin compared to the other cryptocurrencies that are currently existing in the market now because of one important reason and that is decentralized. Other cryptocurrencies are profitable too and its projects will make them bigger in the next few years but when it comes to leading? That will be bitcoin, no doubt.

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March 23, 2023, 07:58:39 PM
 #30

I think bitcoin will lead the currency market because it was created as a way for people to send money over the internet. There are many advantages of bitcoin like Direct Transfer, Greater Liquidity, Security and so on. Bitcoin's maximum supply is limited to 21 million coins. Cryptocurrency gains value when demand rises higher than supply. for that i think bitcoin will lead the currency market in near 5 years. Which currency you think will lead?



If coinbase is charged with listing securities by the US govt they will delist everything but Bitcoin overnight.

If this happens, crypto will tank miserably but Bitcoin will be just fine.  And a few alts with enough fanbois.

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March 23, 2023, 08:37:02 PM
 #31

I think bitcoin will lead the currency market because it was created as a way for people to send money over the internet. There are many advantages of bitcoin like Direct Transfer, Greater Liquidity, Security and so on. Bitcoin's maximum supply is limited to 21 million coins. Cryptocurrency gains value when demand rises higher than supply. for that i think bitcoin will lead the currency market in near 5 years. Which currency you think will lead?
For now, I still see bitcoin to dominate the cryptocurrency market in the next 5 years as altcoins are still considered great followers of bitcoin. But I know for sure that there might be some new projects that will be more known and profitable within that 5 years of time frame, but the problem is how long they will be profitable and reliable in the market. Unlike bitcoin itself, even if it’s price increase is very slow for now, but we all know that it will always be reliable and more secured to give us future profits than losses. That’s why a lot of us still chose to invest in bitcoin, and still expecting that bitcoin will always lead the market 5-10 years from now.

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