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kyc20040202 (OP)
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October 05, 2023, 02:19:11 PM
 #1

I am a high school student. I learned about Bitcoin, but it's too late. I was so young. Because I was 4 years old in 2009. But as history tells us, bitcoin killer will emerge one day. I want to find out such coin, but I don't have enought knowledge and ability to do that.. I want to ask the smart people here. Is there a coin that is similar to Bitcoin now? something that is perfectly decentralized. I want to invest there. If there's a coin you're making, is fine too. Just let me know. I hope this post becomes a legend.
There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, but full nodes are more resource-heavy, and they must do a lengthy initial syncing process. As a result, lightweight clients with somewhat less security are commonly used.
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October 05, 2023, 02:35:10 PM
 #2

Is there a coin that is similar to Bitcoin now? something that is perfectly decentralized.
None, there's no any coin can compete Bitcoin in terms of decentralization.

Based on your post, I don't think you're actually looking a decentralized coin because you will not say it's late to know Bitcoin since everyone can buy Bitcoin. But you're looking for  a coin that the price will increase like Bitcoin, well you can gamble in newly listed shitcoin and the chance you will get scammed is pretty high too.

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October 05, 2023, 02:39:10 PM
 #3

But as history tells us, bitcoin killer will emerge one day.

I'm not sure what history you've been participating in, but the history I've been apart of told us a Bitcoin killer never emerged and it defeated 100,000 altcoins singlehandedly.

You can use Bitcoin privately without giving up custody: https://mempool.space/tx/d465033214fd2309dcce5a90c45fcaa788aa4394ee36debe07aad8d8a37907d2
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October 05, 2023, 02:40:25 PM
 #4

But as history tells us, bitcoin killer will emerge one day.

That is false, history teaches you what happened in the past, not what will happen in the future. And although you can show me countless inventions that were overthrown by a competitor, this does not guarantee that this will happen in the future with Bitcoin. At the moment what is happening is that Bitcoin is still number 1 not only in terms of market cap, but also in terms of intrinsic characteristics such as the security of its network, decentralization or the limit to its production. All this while shitcoins continue to emerge, we are already in the tens of thousands, with which most will lose the money they invest and which will disappear in a few years.

I'm not sure what history you've been participating in, but the history I've been apart of told us a Bitcoin killer never emerged and it defeated 100,000 altcoins singlehandedly.

Lol.

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October 05, 2023, 02:43:10 PM
 #5

Is there a coin that is similar to Bitcoin now? something that is perfectly decentralized. I want to invest there. If there's a coin you're making, is fine too. Just let me know.
If you see anyone claiming that he created a better version of Bitcoin and ask you to invest, that's a sure sign that it is scam. Instead, just stick to good old Bitcoin and you will be fine. You probably won't become millionaire by investing few hundreds of dollars, but its still better than keeping all your money in fiat and looking at inflation eating it.

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October 05, 2023, 02:50:28 PM
 #6

But as history tells us, bitcoin killer will emerge one day. I want to find out such coin, but I don't have enought knowledge and ability to do that..
I dont think anybody has that knowledge, they would have to be a time-traveller for that to actually happen.

There is a narrative in the crypto space that certain coin is a bitcoin killer and hence people should buy it. Point is that such things are only gimmick. Bitcoin can be called fiat-killer - but does that even make sense? No, because fiat is working fine anyway. So if someone tells you that this coin is the bitcoin killer, take that with a large amount of salt. You are most likely being duped.

Quote
I want to ask the smart people here. Is there a coin that is similar to Bitcoin now? something that is perfectly decentralized. I want to invest there. If there's a coin you're making, is fine too. Just let me know. I hope this post becomes a legend.
Like I said, smart people invest in bitcoin, not in those coins claimed to be bitcoin killers.

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October 05, 2023, 03:06:28 PM
 #7

I am a high school student. I learned about Bitcoin, but it's too late. I was so young. Because I was 4 years old in 2009. But as history tells us, bitcoin killer will emerge one day. I want to find out such coin, but I don't have enought knowledge and ability to do that.. I want to ask the smart people here. Is there a coin that is similar to Bitcoin now? something that is perfectly decentralized. I want to invest there. If there's a coin you're making, is fine too. Just let me know. I hope this post becomes a legend.

No, there is no such coin that can even compete with Bitcoin and killing it is impossible my friend. The other coins which we call altcoins are surviving only because of Bitcoin and they will survive only if Bitcoin continues its dominance. The whole crypto-market is dependent on Bitcoin but Bitcoin isn't dependent on any other coin. If you really want to have a better future that should be free from financial issues then I recommend you to learn about Bitcoin and Invest in it instead of finding another coin.

There are even some hard-forks of Bitcoin which are exactly similar to Bitcoin and with additional features but none of those are any where close to Bitcoin. Some of the hard-forks of Bitcoin are Bitcoin Cash, and Bitcoin gold, the Bitcoin cash increased the block size from 1 MB to 32 MB in order to reduce fees and increase the number of transactions in a block while Bitcoin gold was more targeted to miners and it allowed miners to use GPU's for mining.

There are so many other crypto-currencies in the market with way more features than Bitcoin but known of those is even comparable to Bitcoin. I must say again that the whole market is basically surviving due to Bitcoin and no-coin can take the crown from Bitcoin. I recommend you to learn about Bitcoin only and follow a DCA strategy to invest in it.

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October 05, 2023, 03:11:46 PM
 #8

Correction your age is 14 years old not 4 years old? You are not late in learning bitcoin!.

You want to find a coin that exceeds bitcoin? It doesn't exist why are you looking for something else while Bitcoin can be said to be perfect? never be too hopeful to match a coin to exceed bitcoin it can't exist. Tongue

You should need to learn a lot about bitcoin, not fantasize that there is a coin above bitcoin.  Grin

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October 05, 2023, 03:12:29 PM
 #9

You want a faster coin? XRP or XLM

You want a more private coin? XMR or DASH.

You want a smart contract platform where you can even create your own coin? ETH or BNB.
.
You want a memecoin? DOGE or SHIB.

But do you want real decentralisation? Buy Bitcoin; nothing else.

Haram'da huzur arayana, Huzur haram olur.
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October 05, 2023, 03:31:19 PM
 #10

I am a high school student. I learned about Bitcoin, but it's too late. I was so young. Because I was 4 years old in 2009. But as history tells us, bitcoin killer will emerge one day. I want to find out such coin, but I don't have enought knowledge and ability to do that.. I want to ask the smart people here. Is there a coin that is similar to Bitcoin now? something that is perfectly decentralized. I want to invest there. If there's a coin you're making, is fine too. Just let me know. I hope this post becomes a legend.

I think that it won't be a cryptocurrency of a type we have now. In general, blockhain-based decentralises financial projects are actually enormous fintech testnets. Soon we can see some new mixed fiat-crypto digital networks, which will have benefits of both fiat money (ex: high adoption level) and cryptocoins (for ex: ecentralised data processing system), and their drawbacks will be minimized. So, there most probably won't be a new btc "out of nowhere".

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October 05, 2023, 03:46:41 PM
 #11

I am a high school student. I learned about Bitcoin, but it's too late. I was so young. Because I was 4 years old in 2009. But as history tells us, bitcoin killer will emerge one day. I want to find out such coin, but I don't have enought knowledge and ability to do that.. I want to ask the smart people here. Is there a coin that is similar to Bitcoin now? something that is perfectly decentralized. I want to invest there. If there's a coin you're making, is fine too. Just let me know. I hope this post becomes a legend.

Bitcoin won't have a killer, as it's going to be used to save humanity in a chaotic future. Better to stick to it to the end.

As far as I can, there currently exist no better alternative that has been develop without compromising on the high quality standards or ideals Bitcoin is built on. The standards are necessary framework or foundation for building a very secure and safe decentralized cryptocurrency. Any cryptocurrency that bypass the standards to become advanced is guranteed to crumble when the great storm arrives.
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October 05, 2023, 03:54:10 PM
 #12

This is the bitcoin community, and are you serious about asking this kind of question? Ask that in other communities and perhaps they have endless alternative suggestions.
bitcoin killer will emerge one day.
Please note that bitcoin has been killed hundreds of times. https://99bitcoins.com/bitcoin-obituaries/
If you say "next bitcoin", I call it "next jokecoin"

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October 05, 2023, 03:58:49 PM
 #13

Instead of looking for a Bitcoin, why not starting investing in Bitcoin now?
I don't see any coin in the market right now that can take the place of Bitcoin. Bitcoin has the advantage of being the first, and when something is the first, it's always hard to replace in a situation like this.

So it's not late to invest in Bitcoin. Don't look at the price right now, it's still going to increase even more in the future. Just start your investment .
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October 05, 2023, 04:05:55 PM
 #14

Yeah; a new bitcoin quietly impossible because no project is %100 decentralised with an owner. Look at ETH and Vitalik; ADA with Charles, so on so on. Unless Satoshi invents BTC 2.0 (maybe that won't even take BTC's place hence if Satoshi comes up, everything will change drastically for Bitcoin imho) i don't see any BTC killer coming up; just like other poster said 100.000s of BTCs killers are in grave right now. BTC will always be the first and most adapted digital currency to exist in the planet. (Seems like that for now).

Haram'da huzur arayana, Huzur haram olur.
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October 05, 2023, 04:13:55 PM
 #15

I am a high school student. I learned about Bitcoin, but it's too late. I was so young. Because I was 4 years old in 2009.
there are a lot of people who are just starting to learn Bitcoin and also businesses starting to adopt Bitcoin, so, I am really curious what makes you think that you are too late? are you saying that you are too late because you're not an early investor? you know a lot of people here in the forum are not early investors too(including me).

Correction your age is 14 years old not 4 years old? You are not late in learning bitcoin!.
the OP said that he was FOUR years old when Bitcoin was launched, which is 2009, today, he is either 17 or 18 years old.

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October 05, 2023, 04:21:02 PM
 #16

I am a high school student. I learned about Bitcoin, but it's too late. I was so young. Because I was 4 years old in 2009.
But as history tells us, bitcoin killer will emerge one day. I want to find out such coin, but I don't have enought knowledge and ability to do that..
Am not so sure you have learned anything about bitcoin. You sound like someone that have just heard about it. Hearing and learning are two different things.

Can you add a link to that historical saying so some of us can have the honour of reading it too. We all here to learn even though most of the things we learn nowadays are fallacies just like this one about bitcoin killer.

Quote
I want to ask the smart people here. Is there a coin that is similar to Bitcoin now? something that is perfectly decentralized. I want to invest there. If there's a coin you're making, is fine too. Just let me know. I hope this post becomes a legend.
Firstly I would give you a thumbs up for recognizing how smart a people we are here in the forum.

The only perfect decentralized coin smart people like me here knows is bitcoin.

Any other coin that claims to be BTC is just an imposter coin and can't be a match. For a 18 year old am not surprised you're asking these questions but my advise is if it's not bitcoin it just can't be like bitcoin. So be careful where put want to invest your money.

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October 05, 2023, 04:22:25 PM
 #17

Technology continues to develop very quickly and we will never know what the future holds for Bitcoin, and there will most likely be a much better technology that can beat Bitcoin someday and who knows when.
However, currently and perhaps in the long and unpredictable future, only Bitcoin will be the best investment in terms of decentralization.
And if you are just waiting for an uncertain Bitcoin killer, maybe in your old age even after you die there might be something that can replace Bitcoin. But you are already too late, so why should you think too far into uncertain things because with that kind of thinking you will always be too late to get involved with Bitcoin and learn and understand that Bitcoin is beautiful.

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SPIN

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October 05, 2023, 04:32:58 PM
 #18

Satoshi did a great job and rounded up with a complete project that requires no centralized body. Then he moved ahead, to prove his work, he's nowhere close to managing bitcoin. Yet his project succeeds more than most top tech companies, with a CEO and board of trustees. Even, coins with a CEO suffer huge losses. They will be no bitcoin killer in form of a coin. Maybe a high tech can appear from the blues. Which surprise can't be a coin project. Because the cryptocurrency revolves around bitcoin. And bitcoin has suffered turf days. The government worked against bitcoin, hackers did too, added with rugpull projects stealing huge amount of bitcoin. To waste on flashy lifestyles. These things drew bitcoin backward and delayed the growth speed of bitcoin. Do you have a glimpse of how such a coin would work. Quantum computer posing as a threat to bitcoin, doesn't seem true or possible. Hence, before investing into such a coin, do your research and be sure not to fall for scam. As you'll be getting silly private messages proposing shitcoins. Their white paper would contain series of lies and deceits. Any other idea, other than Satoshi's will be lower in capability and corporations. The bitcoin network collaborates in a well organized form. I'd advise you to read a little more on bitcoin. There you'll understand what Satoshi did with bitcoin. Programmers from the days of Satoshi, understood how simple building bitcoin was, anybody with some c++ or c can cockle bitcoin. But, Satoshi joined different existing materials to his ideas, where bitcoin got birthed. And no programmer can do anything else better than bitcoin. Like Satoshi is an inventor of a simple idea no one would have thought of. And he delivered the job just right. The code is open for anyone to read and test for issues. Miners, core developers and investors follow one consensus rule that governs the network. The only possibility is creating similar to bitcoin coins, Like Vitalik's project; Ethereum. He moved to smart control and is nowhere to match proof of work. People thought ethereum 2.0 will boost the market and outperform bitcoin. Nothing happens. A high number of attackers and unjust miners have tried 51% attack to smack bitcoin. But to no good news. I can go on and on with a litany of the problems bitcoin is passing through.

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October 05, 2023, 04:40:14 PM
 #19

I am a high school student. I learned about Bitcoin, but it's too late. I was so young. Because I was 4 years old in 2009. But as history tells us, bitcoin killer will emerge one day. I want to find out such coin, but I don't have enought knowledge and ability to do that.. I want to ask the smart people here. Is there a coin that is similar to Bitcoin now? something that is perfectly decentralized. I want to invest there. If there's a coin you're making, is fine too. Just let me know. I hope this post becomes a legend.

I would rather say, since you are a high school student it's not too late !!!
You are very young and investing in promising assets like bitcoin in such a young age is very beneficial for financial freedom.
Start investing in bitcoin and accumulate as much as you can while its relevantly cheaper.
As you grow your portfolio, try to diversify your portfolio into other promising assets.

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October 05, 2023, 04:46:18 PM
 #20

OP from your comment I was wondering if truly you know what you are talking about because you would not be asking such question and trying to find out if there is any comparison with bitcoin out there. To make the point clear mate there is no other coin competing or compared with bitcoin as far as blockchain is concerned. Bitcoin is the first decentralized digital currency that was founded by satoshi nakamoto for that reasons it was termed the Genesis block 

As a matter of fact, you are never late to adopt bitcoin. Bitcoin is still at its early adopter stage and as such holds more potentials and price value in time to come.

You can read about the Genesis block here


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