Adams0001
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April 16, 2024, 12:28:48 PM |
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What are your thoughts do you believe BTC will remain the greatest crypto currency in the world.
Bitcoin is at the top of its game right now. Do I think that it will stay up there for a long time? Yes, I do. But I don’t think it will be forever up there. There is a chance that a new altcoin prove itself to be much more valuable than bitcoin with a much sophisticated technology and functionality. We can not deny that time is changing and so is everything else. Nothing can overtake bitcoin now or later, and he will continue to be the best for all coins in the world. anything that benefits someone will stay longer, and anyone who is familiar with bitcoins will not believe they will get any coin that can come and pass him for value, and I believe bitcoin will stay longer because of the benefits it provides to people and changes people's lives from poor to rich. He will find it difficult to produce something that can overtake bitcoin because he is so popular, and they will not do anything to cause Bitcoin to fall, so whenever Bitcoin falls, he will rise strongly in order to remain profitable. Anyone knows about Bitcoin even they don't know is function but they have hear to world before.So don't think they'll get any technology functionality that will cause bitcoin's value to fall, it's only bitcoin you'll invest in that your mind won't be afraid to lose because if the coin drops, he'll rise again quickly, so you'll be waiting for a huge profit and you'll need to leave it for the long term.
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Minor Miner
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April 16, 2024, 01:00:12 PM |
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What are your thoughts do you believe BTC will remain the greatest crypto currency in the world.
Bitcoin is at the top of its game right now. Do I think that it will stay up there for a long time? Yes, I do. But I don’t think it will be forever up there. There is a chance that a new altcoin prove itself to be much more valuable than bitcoin with a much sophisticated technology and functionality. We can not deny that time is changing and so is everything else. Nothing can overtake bitcoin now or later, and he will continue to be the best for all coins in the world. anything that benefits someone will stay longer, and anyone who is familiar with bitcoins will not believe they will get any coin that can come and pass him for value, and I believe bitcoin will stay longer because of the benefits it provides to people and changes people's lives from poor to rich. He will find it difficult to produce something that can overtake bitcoin because he is so popular, and they will not do anything to cause Bitcoin to fall, so whenever Bitcoin falls, he will rise strongly in order to remain profitable. Anyone knows about Bitcoin even they don't know is function but they have hear to world before.So don't think they'll get any technology functionality that will cause bitcoin's value to fall, it's only bitcoin you'll invest in that your mind won't be afraid to lose because if the coin drops, he'll rise again quickly, so you'll be waiting for a huge profit and you'll need to leave it for the long term. Are you from the future? If you're from the future, can you tell me how much bitcoin will cost tomorrow or after the halving? If you can answer this question correctly, I will believe what you say. Agreed, bitcoin is the king of cryptocurrencies and it is difficult for another coin to replace it but that does not mean that in the future something better will not be created. No one thought Satoshi could create a great currency like bitcoin until it happened. And everything can repeat or happen in the future when someone creates something better than bitcoin. Our world is constantly evolving, it does not stop.
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Sanitough
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April 16, 2024, 10:59:58 PM |
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It is certain that BTC will remain the greatest cryptocurrency in the world for a long time, although there are some currencies that can surpass Bitcoin in some of its characteristics, but there is no currency that can compete with Bitcoin or obtain the trust and status that Bitcoin has.
Bitcoin has all the unique features that make it the greatest currency in the world, but it is not without some flaws that prevent Bitcoin from being used as a unified global currency, but these flaws can be fixed over time when global adoption occurs.
Bitcoin is probably the best crypto investment and the greatest cryptocurrency that exist so far. Not only because it’s highly profitable, but also in terms of security and stability, regardless of its volatile nature, bitcoin still remains to be the most trusted cryptocurrency throughout the universe. This is probably the reason why a lot of people never hesitate to risk their funds with bitcoin, simply because it has a lot of growth potentials that will prove how productive and profitable bitcoin is.
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SeriouslyGiveaway
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April 17, 2024, 03:01:34 AM |
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What are your thoughts do you believe BTC will remain the greatest crypto currency in the world.
The cryptocurrency market has gone through many cycles but Bitcoin's position remains unchanged, still the leading currency and representative of this market. Many Altcoins no longer exist, but Bitcoin still affirms its position. This has been proven when major financial funds around the world choose Bitcoin as an asset to issue ETFs. Between Bitcoin and the rest of this market (Altcoins) there still exists a fairly large gap. The only Altcoins that can come close to Bitcoin is Ethereum. However, in this cycle I feel like this distance is even farther. You can see that the growth rate of Bitcoin compared to Ethereum from the beginning of the growth cycle until now is quite different. Most Atlcoins have not kept up with Bitcoin's growth this cycle. This is most evident when you look at the Alt/BTC pair. All are at the bottom, even breaking the bottom of previous cycles. This shows that Bitcoin's superior strength compared to other Altcoins in this cycle is quite large. Partly because the cash flow from ETF funds is only focusing on Bitcoin, and the capitalization fragmentation of Altcoins is increasing because the number of new Altcoins is increasing while cash flow for Altcoins is not really strong yet . Therefore, in my personal opinion, if you want to invest in the cryptocurrency market, Bitcoin is still the top choice, irreplaceable.
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Poker Player
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April 17, 2024, 03:17:12 AM |
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What are your thoughts do you believe BTC will remain the greatest crypto currency in the world.
It would be paradoxical to say the least if we in a Bitcoin forum did not think so. But if you hurry me and in the very long term you never know what can happen. If we talk about the next decades I firmly believe that it will remain number 1, and I expect those tens of thousands of shitcoins that do not stop being created to go bust at some point. Some may survive but with the implementation of CBDCs and the ease of digital payments it will not survive as a currency but as a speculative investment.
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serjent05
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April 17, 2024, 03:38:57 AM |
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What are your thoughts do you believe BTC will remain the greatest crypto currency in the world.
Bitcoin being the first decentralized cryptocurrency and was accepted by many countries will remain the greatest crypto currency in the world. The mere fact that other cryptocurrencies were forked of Bitcoin states that the place of Bitcoin being the major cryptocurrency to revolutionize the financial system gives a strong impression that Bitcoin is already leading other cryptocurrencies in terms of greatness. No other cryptocurrency get near to the milestones achieved by Bitcoin. I believe Bitcoin will always be the greatest cryptocurrency in the world and no one will ever take its place. .. but with the implementation of CBDCs and the ease of digital payments it will not survive as a currency but as a speculative investment.
The question is, are these CBDC fall under the category of cryptocurrency? According to Investopedia, CBDCs are not cryptocurrency so I believe that CBDC is already out of the competition of being the greatest cryptocurrency. Though the idea for central bank digital currencies stems from cryptocurrencies and blockchain technology, CBDCs aren't cryptocurrencies. A central bank controls a CBDC, whereas cryptocurrencies are almost always decentralized, meaning they can't be regulated by a single authority, such as a bank.
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pooya87
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April 17, 2024, 04:30:00 AM |
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For example, there are coins that outperform Bitcoin in transaction speed, as they are several times faster than Bitcoin.
Transaction speed is not the time between blocks. Because it doesn't matter if it takes a second for a transaction to be confirmed and 10 seconds to get 10 confirmation as long as 10 confirmation doesn't make it irreversible. That's what you should look at when considering "transaction/confirmation speed". Those altcoins you say "outperform bitcoin in transaction speed" do not provide the same security as bitcoin with the same number of confirmation. Usually you'll have to wait longer (to get a lot more confirmation) than bitcoin to get close to bitcoin's security (like 6 hours and 1000 confirmation versus bitcoin's 10 min and 1 confirmation).
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yhiaali3
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April 17, 2024, 04:41:52 AM |
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For example, there are coins that outperform Bitcoin in transaction speed, as they are several times faster than Bitcoin.
Transaction speed is not the time between blocks. Because it doesn't matter if it takes a second for a transaction to be confirmed and 10 seconds to get 10 confirmation as long as 10 confirmation doesn't make it irreversible. That's what you should look at when considering "transaction/confirmation speed". Those altcoins you say "outperform bitcoin in transaction speed" do not provide the same security as bitcoin with the same number of confirmation. Usually you'll have to wait longer (to get a lot more confirmation) than bitcoin to get close to bitcoin's security (like 6 hours and 1000 confirmation versus bitcoin's 10 min and 1 confirmation). Of course, there will not be a problem in a few seconds or a few minutes, but I am talking about the times when the transaction is delayed for hours and sometimes days in order to be confirmed. This is not a permanent problem, but it appears from time to time, and if we are going to get global adoption, this problem will always appear and we must find It has a solution. Without the slightest doubt, there cannot be a currency that is superior to Bitcoin in terms of security, decentralization, etc. This is known to everyone, but as I mentioned in my post, it is related to small partial details such as speed and fees that do not affect much and that can be resolved with time.
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Oasisman
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April 17, 2024, 06:08:16 AM |
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What are your thoughts do you believe BTC will remain the greatest crypto currency in the world.
The fact that bitcoin is not controlled by anyone or a company, that is more than enough why people have full trust towards bitcoin and majority are considering bitcoin as the bases value of most of the altcoins in the market today. And, Despite the fact of it's scalability imperfections, this doesn't stop people from using bitcoin even if there are alts created to fix the scalability issues of bitcoin, but because they are run by a group of people, this has created a huge difference against bitcoin.
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liasbaa
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April 17, 2024, 08:50:58 AM |
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Bitcoin is digital gold, and as an asset it has long term durability, the longer the time the more valuable bitcoin becomes just like gold and other precious metals.
Decentralization has led to a different acceptance of bitcoin. Its demand depends on the holding - the more the holding goes, the stronger its price will be. It seems to me that a large group is more interested in holding BTC than gold, thus breaking the ATH again and again. What makes bitcoin more unique is that, bitcoin is digitally tranfereble but all the other assets in bitcoin asset class are all offline, that is why some segments of bitcoin lover refer to bitcoin as a digital gold.
The easy process of transferring BTC as a digital asset has further increased its acceptance. It is time-consuming whether it would be reasonable to compare here.
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Smack That Ace
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April 17, 2024, 09:08:18 AM |
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What are your thoughts do you believe BTC will remain the greatest crypto currency in the world.
The fact that bitcoin is not controlled by anyone or a company, that is more than enough why people have full trust towards bitcoin and majority are considering bitcoin as the bases value of most of the altcoins in the market today. And, Despite the fact of it's scalability imperfections, this doesn't stop people from using bitcoin even if there are alts created to fix the scalability issues of bitcoin, but because they are run by a group of people, this has created a huge difference against bitcoin. Many people think that finite supply, privacy... make bitcoin different but I also think that decentralization is what makes bitcoin different from the rest. Additionally, the original goal of bitcoin was to be a peer-to-peer currency, not controlled by anyone including its creator. Meanwhile, most altcoins projects are created with only one goal: profit, bump and dump, so they cannot be more reliable than bitcoin in any case. Bitcoin is considered the mother of the cryptocurrency industry, without bitcoin, there would be no cryptocurrency market, so it's not hard to see why it remains the leading coin.
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pooya87
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April 17, 2024, 01:46:01 PM |
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Of course, there will not be a problem in a few seconds or a few minutes, but I am talking about the times when the transaction is delayed for hours and sometimes days in order to be confirmed. This is not a permanent problem, but it appears from time to time, and if we are going to get global adoption, this problem will always appear and we must find It has a solution.
Fair enough. But you should refer to that as "network congestion" as opposed to "transaction speed". Also keep in mind that all blockchain-based altcoins (DAG is slightly different and I can't comment on it for sure) suffer from the same flaws as bitcoin. Meaning they can experience network congestion as well, some of them even experience a much sever congestion with far less traffic compared to bitcoin if their usage were to grow.
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Y3shot
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April 17, 2024, 11:12:37 PM |
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It is certain that BTC will remain the greatest cryptocurrency in the world for a long time, although there are some currencies that can surpass Bitcoin in some of its characteristics, but there is no currency that can compete with Bitcoin or obtain the trust and status that Bitcoin has.
Bitcoin has all the unique features that make it the greatest currency in the world, but it is not without some flaws that prevent Bitcoin from being used as a unified global currency, but these flaws can be fixed over time when global adoption occurs.
Maybe I'm asking you a little "what currency can outperform bitcoin". Maybe you could explain it in more detail? Not only is it unique, in my opinion Bitcoin is an unusual software technology and it is very extraordinary that this asset was created, as far as I know, this asset was created as a means of exchange for transactions in the digital online world. In my view there is no fiat or any other currency in this world that can compete with bitcoin, The creator of BTC saw something strange about the fiat financial system throughout the world. What makes Bitcoin big in the future is that its supply will remain constant forever. Their is no currency that surpasses bitcoin in any aspect. Bitcoin is the first cryptocurrency and other cryptocurrencies that we have where created with idea just to copy bitcoin. Bitcoin is more reliable, valuable and the most secure digital currency to hacked. Bitcoin control the market and the movement of all coins in the market. I don't see charateristic from any coin that seems to be better than bitcoin. Bitcoin is always the best that is why it will always be ahead of every other coin, bitcoin is the only coin people can invest without any fear of being crashed in the market.
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Kelvinid
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April 18, 2024, 02:29:13 AM |
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... What are your thoughts do you believe BTC will remain the greatest crypto currency in the world.
Maybe just for now because nothing new has been created aside from these altcoins. But we have this confidence and trust that Bitcoin is the digital gold and the best creation among digital currencies. We can say that the slow adaption makes Bitcoin not known to everyone but as this continues, everyone could enjoy the benefits it has. Rich and poor will soon get involved in the crypto investment and daily trade, making this another source of income. We may not see its huge impact in life because only a few have offered services accepting this as a mode of payment.
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Ayers
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April 18, 2024, 03:14:08 AM |
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It is certain that BTC will remain the greatest cryptocurrency in the world for a long time, although there are some currencies that can surpass Bitcoin in some of its characteristics, but there is no currency that can compete with Bitcoin or obtain the trust and status that Bitcoin has.
Bitcoin has all the unique features that make it the greatest currency in the world, but it is not without some flaws that prevent Bitcoin from being used as a unified global currency, but these flaws can be fixed over time when global adoption occurs.
Maybe I'm asking you a little "what currency can outperform bitcoin". Maybe you could explain it in more detail? Not only is it unique, in my opinion Bitcoin is an unusual software technology and it is very extraordinary that this asset was created, as far as I know, this asset was created as a means of exchange for transactions in the digital online world. In my view there is no fiat or any other currency in this world that can compete with bitcoin, The creator of BTC saw something strange about the fiat financial system throughout the world. What makes Bitcoin big in the future is that its supply will remain constant forever. Their is no currency that surpasses bitcoin in any aspect. Bitcoin is the first cryptocurrency and other cryptocurrencies that we have where created with idea just to copy bitcoin. Bitcoin is more reliable, valuable and the most secure digital currency to hacked. Bitcoin control the market and the movement of all coins in the market. I don't see charateristic from any coin that seems to be better than bitcoin. Bitcoin is always the best that is why it will always be ahead of every other coin, bitcoin is the only coin people can invest without any fear of being crashed in the market. Bitcoin is good but it is not perfect, we need to make a realistic assessment, we should not exaggerate about bitcoin and deny its disadvantages. Bitcoin has high transaction fees and is slower than some other altcoins, that is true and that is the disadvantage of bitcoin compared to other altcoins, you do not need to deny this. But in return, bitcoin is the safest, most decentralized, and more trustworthy blockchain than any other altcoin. It is very difficult for any altcoin to replace the king of bitcoin because the purpose of creating bitcoin is completely different from altcoins. Bitcoin was created to solve problems such as improving privacy, decentralization... useful utilities that many people need, while altcoins are money games with a very short life cycle. So, no altcoin can replace bitcoin.
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retreat
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April 18, 2024, 03:23:07 AM |
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There are some misconceptions about what you said. You're saying that the limited supply of Bitcoin is what makes it valuable? That's not the main factor that makes it valuable, but how Bitcoin has long-term potential and how it is starting to be adopted by more people. And when you buy Bitcoin, there is no guarantee that the price will not drop from the point you bought it, it will happen, unless you hold it for the long term, maybe you will be able to make a profit from it.
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Silberman
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April 18, 2024, 03:55:05 AM |
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The total number of BTC ever to be in existence is capped at 21 million. This scarcity has made it valuable similar to precious metals like gold, silver, diamond etc. also a large number of people are interested in BTC and are also investing in it. It has been seen that people are more confident to invest in BTC than other crypto currency in the world. BTC is also the most generally accepted form of exchange in today's world and it has gain more popularity than any other crypto currency in the world. BTC is the best crypto to buy and be relaxed that it won't drop to the point of you losing your money instead there's hope of it going high thereby increasing your income. BTC is also decentralized no one is totally in control of it and this is the best part of BTC. BTC will forever remain the greatest crypto currency in the world.
What are your thoughts do you believe BTC will remain the greatest crypto currency in the world.
I do not think there is any doubt that bitcoin will remain as the best and most powerful cryptocurrency in existence, as if we are honest even its closest competitors are relatively far, not only when it comes to the market cap behind each project, but also the trust that bitcoin garners on the community is almost unquestionable, while this is not the case with other coins that have some aspects that do not convince a portion of the community, and which I think it is more than enough to not allow those other projects to surpass bitcoin.
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0t3p0t
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April 18, 2024, 07:57:24 AM |
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Well yeah I still believe that Bitcoin will be the greatest cryptocurrency in the world because look at it's capitalization it achieved the trillion level compared to the others that only has billions. It is now comparable to some other commodities like precious metals and other companies like microsoft, Apple, NVIDIA, Alphabet, Saudi Aramco, Amazon and more and Bitcoin even on the top 10 spot so for me no doubt it is still the best and greatest crypto to date.
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AprilioMP
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April 18, 2024, 08:49:53 AM |
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The total number of BTC ever to be in existence is capped at 21 million. This scarcity has made it valuable similar to precious metals like gold, silver, diamond etc. also a large number of people are interested in BTC and are also investing in it.
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What are your thoughts do you believe BTC will remain the greatest crypto currency in the world.
21 million total Bitcoin means limited. The value of Bitcoin is not the same as gold because the total amount of gold is infinite from time to time. Bitcoin is known as digital gold because it has value, but the scarcity of Bitcoin is not the same as gold. If the 21 million Bitcoins run out, Bitcoins cannot be printed like paper money so Bitcoins are more valuable. Gold will not run out because gold comes from nature (earth). People's interest in investing in Bitcoin is because Bitcoin is a smart investment asset that is not complicated. Bitcoin is used as an investment asset because it hedges its value in the long term. Apart from value, Bitcoin can be used as payment globally. It is on this basis that Bitcoin has always been above for a long period of time.
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Iranus
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 18, 2024, 09:01:56 AM |
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There are some misconceptions about what you said. You're saying that the limited supply of Bitcoin is what makes it valuable? That's not the main factor that makes it valuable, but how Bitcoin has long-term potential and how it is starting to be adopted by more people. And when you buy Bitcoin, there is no guarantee that the price will not drop from the point you bought it, it will happen, unless you hold it for the long term, maybe you will be able to make a profit from it.
Many altcoins like BNB, SOL... also have limited supply, even less than bitcoin, but why can't they become or replace bitcoin's top position? Until now, many people still have the misconception that they always rely on the supply of bitcoin and think that it is the main factor for bitcoin to become valuable, but they do not realize that creating a token with a supply low is not too difficult. In addition, many people are quite naive in thinking that investing in Altcoin will result in losses but Bitcoin will never have that happen, LOL. After all, bitcoin is just a financial market and there will always be winners and losers, there is no market where everyone wins.
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