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Author Topic: Bitcoin: Time for BTC to Bow Down?! or will it stay number one?  (Read 2915 times)
Moneroman88
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September 16, 2014, 05:41:13 PM
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Has the time come for Bitcoin to bow? Now that there are coins with superior infrastructure, what is it other than the first mover advantage that Bitcoin still has?  Other projects have features that BTC doesn't and won't have anytime soon, that are launched truly as fairly and the devs clearly have a vision for where to take it. The fact that some of those projects were willing to bring in Peter Todd with the blocksize attack from a couple of weeks ago shows that they aren't shy from asking for help when it's warranted (in the case of xmr)

I think the time has come for Bitcoin to admit that its #1 place is really not deserved any longer. What say you? Will it stay number one forever and why so? Thanks!

disclaimer: this thread discusses Bitcoin's position and *not* altcoins

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vuduchyld
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September 16, 2014, 05:46:18 PM
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Has the time come for Bitcoin to bow? Now that there are coins with superior infrastructure, what is it other than the first mover advantage that Bitcoin still has?  Other projects have features that BTC doesn't and won't have anytime soon (as opposed to LTC, DOGE), that are launched truly as fairly and the devs clearly have a vision for where to take it. The fact that some of those projects were willing to bring in Peter Todd with the blocksize attack from a couple of weeks ago shows that they aren't shy from asking for help when it's warranted.

I think the time has come for Bitcoin to admit that its #1 place is really not deserved any longer. What say you?

IN before the lock!

(And, for what it's worth, OP, I can't tell if you really like XMR or if you're trying to kill it by acting as though you like it.  I own some and this post and others like it make me want to sell.)
Wilhelm
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September 16, 2014, 05:47:07 PM
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Facts please!!

What does LTC and DOGE have that BTC doesn't ? I'm really interested since there is so much BS, SPAM and FUD going round.
BTC has the most acceptance in the world at the moment so I belive it will remain #1.

I can see LTC making its mark but DOGE please!! it is a crap coin with good marketing. I don't see the world paying with DOGECoin anytime soon (unless: Idiocracy) Cheesy


Bitcoin is like a box of chocolates. You never know what you're gonna get !!
Moneroman88
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September 16, 2014, 05:50:25 PM
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Has the time come for Bitcoin to bow? Now that there are coins with superior infrastructure, what is it other than the first mover advantage that Bitcoin still has?  Other projects have features that BTC doesn't and won't have anytime soon (as opposed to LTC, DOGE), that are launched truly as fairly and the devs clearly have a vision for where to take it. The fact that some of those projects were willing to bring in Peter Todd with the blocksize attack from a couple of weeks ago shows that they aren't shy from asking for help when it's warranted.

I think the time has come for Bitcoin to admit that its #1 place is really not deserved any longer. What say you?

IN before the lock!

(And, for what it's worth, OP, I can't tell if you really like XMR or if you're trying to kill it by acting as though you like it.  I own some and this post and others like it make me want to sell.)

Could you please refrain from spamming the topic if you have nothing to contribute? Thanks!

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worldtreasurefinders
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September 16, 2014, 05:52:16 PM
 #5

Bitcoin's first mover advantage may be something that no alt can ever overtake.  It's not easy to transfer a $6 billion+ market to something else.

Architect, Anarchist, Numismatist, Crypto-Enthusiast.
giveBTCpls
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September 16, 2014, 06:00:47 PM
 #6

Bitcoin's first mover advantage may be something that no alt can ever overtake.  It's not easy to transfer a $6 billion+ market to something else.

This. Bitcoin, technologically does everything that's needed and it's open source nature allows for anything worth copying from other currencies to be copied and implemented, the thing is every other thing out there are gimmicks to get dumb people's BTC.
The rest of a crypto's coin is network effect, and BTC will always be king.

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September 16, 2014, 06:06:07 PM
 #7

there are coins with superior infrastructure

?? How so?

Only Bitcoin is served by multitudes of ATMs in many countries.

What other coin is traded on as many exchanges?

What other coin is being embraced by Paypal, Newegg, Expedia, etc.?

Yes some alts do have advantages, like anonymity or the programmability of Ethereum, but infrastructure is not one of them.

The sheer hashing capability of the Bitcoin network is advantage enough.
fonsie
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September 16, 2014, 06:13:45 PM
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what is it other than the first mover advantage that Bitcoin still has?

This:
https://blockchain.info/nl/charts/hash-rate

and this:
http://www.coindesk.com/bank-of-england-bitcoin-disrupt-monetary-policy/

and this:
http://www.coindesk.com/hottest-sectors-bitcoin-ranked-venture-capital-flow/

and many more:
www.google.com


How many millions are being invested in monero? Face it, monero is just another altcoin.

I decided to no longer use a signature, because people were trolling me about it.
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September 16, 2014, 06:21:36 PM
 #9

This thread is complete fail... Shocked

Better infrastructure....  Grin

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inca
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September 16, 2014, 06:25:48 PM
 #10

This thread is complete fail... Shocked

Better infrastructure....  Grin

This is a bitcoin forum. We don't come here to discuss altcoins..
Painful Truth
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September 16, 2014, 06:27:18 PM
 #11

This thread is complete fail... Shocked

Better infrastructure....  Grin

This.

There isn't even a mobile wallet. WTF  Huh
Wilhelm
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September 16, 2014, 06:30:40 PM
 #12

This thread is complete fail... Shocked

Better infrastructure....  Grin

This is a bitcoin forum. We don't come here to discuss altcoins..

We do but it's a different section of this forum Smiley

Bitcoin is like a box of chocolates. You never know what you're gonna get !!
Moneroman88
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September 16, 2014, 06:51:59 PM
 #13

Thanks for all the answers so far guys. So you say Bitcoin will stay Numero Uno forever due to different factors such as first mover advantage, the network itself and a better infastructure overall, did I get that right?


We don't come here to discuss altcoins..
If you want to discuss altcoins please go to the altcoin section. This thread was created to discuss Bitcoin's position and *not* altcoins as the disclaimer would have told if you had read the thread before spamming

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Bassica
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September 16, 2014, 07:49:29 PM
 #14

Don't bother to reply to this guy. It's obviously a troll.
fonsie
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September 16, 2014, 07:55:54 PM
 #15

disclaimer: this thread discusses Bitcoin's position and *not* altcoins

If you would like to discuss bitcoin's postition vs altcoins, you should create a thread in the correct subforum for altcoins. Not in the BITCOIN SPECULATION forum.

PERIOD

 Grin weak troll

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Odalv
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September 16, 2014, 08:25:53 PM
 #16

Moneroman88, Can you explain me this ?
https://bitcointalk.org/index.php?topic=400235.msg8843756#msg8843756
antibitcoinconsortium
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September 16, 2014, 08:27:15 PM
 #17

the full concept of crypto money is flawd by design so no
maybe some alt coin will go up a little in the future but they all go to $0 quickly
and if you are unlucky they steal your other coins.
piramida
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September 16, 2014, 08:29:11 PM
 #18

Will it stay number one forever and why so?

Of course it will. Because it has a thousand times better protected network than all of the altcoins, combined. It's like comparing Ford motors to your local auto-tuning shop. Yeah they both can make cars, but the difference is stunning if you stop and think about it for one single second.

i am satoshi
exocytosis
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September 16, 2014, 09:00:59 PM
 #19

Bitcoin price falls with increased adoption.

We'll see prices below 300 this year. And below 100 next year.

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September 16, 2014, 09:03:25 PM
 #20

Other coins are decreasing in price harder than Bitcoin.

It will stay the number 1, if it shrinks, others will shrink even more. That's it

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