Bitcoin, Emperor of Crypto or Victim of greed

pooya87

legendary

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Quote from: Sarab92 on September 30, 2018, 10:25:18 PM

Quote from: dablatair on September 27, 2018, 05:05:52 PM

BTC surely have the dominance and will continu to keep it during many months/years. It is the first one and today still the reference for every crypto. Like a lot of project on internet the first remains the first for long term. We re still at the beginning, perhaps others will tke the lead because of their interest but it will not be tomorrow for sure.

The Blockchain world will definitely change, and a new generation of currencies will enter the land with attractive and innovative ideas and policies.

most people always convince themselves with statements like this to justify their investment in altcoins that has been losing value. but the fact is bitcoin reached its bottom a very long time ago while altcoins continued declining because what you call "innovative ideas" were hot air and like a bubble it burst.

Sarab92

newbie

Activity: 8

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Quote from: dablatair on September 27, 2018, 05:05:52 PM

BTC surely have the dominance and will continu to keep it during many months/years. It is the first one and today still the reference for every crypto. Like a lot of project on internet the first remains the first for long term. We re still at the beginning, perhaps others will tke the lead because of their interest but it will not be tomorrow for sure.

The Blockchain world will definitely change, and a new generation of currencies will enter the land with attractive and innovative ideas and policies.

dablatair

member

Activity: 324

Merit: 15

BTC surely have the dominance and will continu to keep it during many months/years. It is the first one and today still the reference for every crypto. Like a lot of project on internet the first remains the first for long term. We re still at the beginning, perhaps others will tke the lead because of their interest but it will not be tomorrow for sure.

Sarab92

newbie

Activity: 8

Merit: 0

Quote from: Strufmbae on August 25, 2018, 10:34:29 AM

Quote from: ?? on ??

Quote from: khsahand93 on August 25, 2018, 08:50:47 AM

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: 2019 will definitely be the year of ICOs cleaning. Future ICOs like Mit-ra Mit-ra.com will change the rules of the game.

So funny, LOL. Don't you ever consider analysis and speculation? Are you promoting your project?
There are so many expectations coming and appearing all over the blockchain internet, some aren't accurate, but always pick the best and detailed article. Check the author and you will know if ever the rules will be reversed. Let's see the future not with fortune in application.

Find "Mit-ra ICO" on the Internet to find the real potential of the Blockchain. Wink

Dudeperfect

hero member

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Well, I believe that Bitcoin will see positive momentum in the price in this year itself but $1 million it's too early for it in my honest opinion. It doesn't mean that Bitcoin won't hit that level anytime in the future but considering the user base it won't be the organic growth at all and we will see the biggest fall in the price if anything like that ($1M) happens. However, I don't see any other coin having the potential to replace Bitcoin at least in the next five to ten years from now.

NeuroticFish

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Quote from: GazorpPozorpec on August 26, 2018, 06:42:09 AM

I think bitcoin will lose first place sooner or later. Bitcoin was the first and this makes it the king now BTC has many competitors and I think in the future it will lose its leading position.

This is very well possible, but:
1. If that will ever happen, it'll still take years until a worthy opponent will rise high enough (as usability, acceptance, network power and so on).
2. Don't forget that Bitcoin also evolves and we cannot know what the future holds, for example what features which today give an edge to the "competition" could be incorporated into Bitcoin.

GazorpPozorpec

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I think bitcoin will lose first place sooner or later. Bitcoin was the first and this makes it the king now BTC has many competitors and I think in the future it will lose its leading position.

marcbitcoins

full member

Activity: 854

Merit: 108

Quote from: khsahand93 on August 25, 2018, 08:50:47 AM

By the end of 2017, with the price approaching $20,000, Bitcoin became the giant of Crypto world.
We have not forgotten analyzes of those days. $1 million Bitcoin, the destruction of Fiat currencies and strange forecasts are only part of the news of those days that maybe a bit FUNNY today.
More than half of 2018 passed.
Do you think Bitcoin will remain the emperor of Crypto?
What is your analysis?

Actually, Bitcoin still dictates the Crypto market movement that every time Bitcoin price falls then most of the Crypto currencies will fall too that when Bitcoin price start to climb then all Altcoins will rises too. Therefore it is clear that Bitcoin movements will create domino effect in all Crypto currencies which mean that Bitcoin is remain the leader of the Crypto either in bullish or bearish trend.

ToniJu

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Bitcoin is still the "emperor" in the coin, which is an indisputable fact, even if its value is decreasing, but it will not affect its position!

Marlo Stanfield

sr. member

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Merit: 280

Quote from: BALIK on August 26, 2018, 06:06:22 AM

Well, there was suggestions of price manipulation last year, which may be part of the reason why Bitcoin managed to climb to $20,000 to begin with, this might not have been the natural level it was supposed to rest at. Right now, we're still up in terms of value compared to this time last year, so only those that bought in at over $7,000 have something to complain about.

Cryptocurrency is extremely new, 10 years in the grand scheme of things is just a moment, so Bitcoin and other cryptocurrency can be forgiven for not blazing the trail like people thought they would. These things take time, they take trust and most of all, they require enormous support to reach a global scale. Already, bitcoin has over taken juggernauts like Paypal and Western union, so give it some more time, and we'll see it take over even some fiat currencies in terms of volume.

Yeah, there's still lots of questions in the air about whether or not, or how Bitcoin was pushed or manipulated up to 20k.And yeah, 7k is still quite good really when you look at the bigger picture. And the timeline is still looking good from a zoomed out perspective.

Kprawn

legendary

Activity: 1904

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Looking back at later 2017, we now realized that Bitcoin was a bit of a bubble and rife with speculators. We also expected that

there would be a correction phase, but nobody anticipated that it would shed almost 70% of it's value. The promise of bigger

profits with the SEC still having to decide on Bitcoin ETFs, caused some speculators to hang around, but as it became evident

that the SEC would not approve these Bitcoin ETF's, more speculators left the market. The people that are invested in Bitcoin

now, is the "true" believers in the technology. We also see good adoption of the scaling solution, called the Lightning Network

and this looks promising again. Grin

BALIK

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Well, there was suggestions of price manipulation last year, which may be part of the reason why Bitcoin managed to climb to $20,000 to begin with, this might not have been the natural level it was supposed to rest at. Right now, we're still up in terms of value compared to this time last year, so only those that bought in at over $7,000 have something to complain about.

Cryptocurrency is extremely new, 10 years in the grand scheme of things is just a moment, so Bitcoin and other cryptocurrency can be forgiven for not blazing the trail like people thought they would. These things take time, they take trust and most of all, they require enormous support to reach a global scale. Already, bitcoin has over taken juggernauts like Paypal and Western union, so give it some more time, and we'll see it take over even some fiat currencies in terms of volume.

CryptoGamblingSites

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Anybody trying to create the next bitcoin has huge issues, nobody will trust that someone did it to benefit people rather than make themselves rich.

richan

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Imagine the bitcoin had move the rate it was in 2017, by now it will be trading at 80,000 USD and what will have become of fiat currency and central banks? The populace would have lost faith in the normal monetary system to follow bitcoins. I think the pace bitcoins is moving is quite ok, up and down.

Gozie51

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Bitcoin is surpassing every mountain of FUD because of its blockchain technology. The creation of certain coins is also because bitcoin is still alive despite all that is said on it.

ribowo76

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Bitcoin is the pioneer of the emergence of blockchain technology, perhaps one of them is for that reason, so most people choose bitcoin in addition to other reasons. If one day there will be an altcoin that can outperform bitcoin, it might take a long time

audaciousbeing

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Merit: 569

Quote from: khsahand93 on August 25, 2018, 08:50:47 AM

By the end of 2017, with the price approaching $20,000, Bitcoin became the giant of Crypto world.
We have not forgotten analyzes of those days. $1 million Bitcoin, the destruction of Fiat currencies and strange forecasts are only part of the news of those days that maybe a bit FUNNY today.
More than half of 2018 passed.
Do you think Bitcoin will remain the emperor of Crypto?
What is your analysis?

To determine whether one is emperor in the midst of others depends on what you are comparing against. I see no threat against the dominance of bitcoin in the market as at today because the period you were making reference to, it was the time the dominance was weaning down in the sense that, when the price of bitcoin was increasing so also was the price of others. However, the percentage of bitcoin in relation to the cumulation of others makes the "emperor" status dropped. Unlike now that price is down so also others but the percentage of bitcoin is not as much as the sum total which still makes the dominance solid as before. In the future, no one can predict exactly what will happen but when we get there, we will know what's next to do.

demenBTC

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PRIVATE FEDERATED BLOCKCHAIN

Quote from: khsahand93 on August 25, 2018, 08:50:47 AM

By the end of 2017, with the price approaching $20,000, Bitcoin became the giant of Crypto world.
We have not forgotten analyzes of those days. $1 million Bitcoin, the destruction of Fiat currencies and strange forecasts are only part of the news of those days that maybe a bit FUNNY today.
More than half of 2018 passed.
Do you think Bitcoin will remain the emperor of Crypto?
What is your analysis?

we can only analyze it, but the evidence never happened as expected, the bitcoin market is still a mystery to analyze because it does not have price stability, I still have confidence in the future for btc to become king of crypto

tomahawk9

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Cats on Mars

Quote from: khsahand93 on August 25, 2018, 08:50:47 AM

Do you think Bitcoin will remain the emperor of Crypto?
What is your analysis?

I don't need to make an analysis of the market to answer the first question. Bitcoin will remain as the #1 cryptocurrency in the market for a very long time because it is the most accepted, most used, and most popular coin in the cryptosphere.

Until another cryptocurrency manages to surpass Bitcoin in terms of acceptance, trust from the community and general public, and popularity, things will stay the same as they are today.

adzino

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www.Crypto.Games: Multiple coins, multiple games

Quote from: khsahand93 on August 25, 2018, 08:50:47 AM

By the end of 2017, with the price approaching $20,000, Bitcoin became the giant of Crypto world.
We have not forgotten analyzes of those days. $1 million Bitcoin, the destruction of Fiat currencies and strange forecasts are only part of the news of those days that maybe a bit FUNNY today.
More than half of 2018 passed.
Do you think Bitcoin will remain the emperor of Crypto?
What is your analysis?

Bitcoin will remain and will takes more than years for other coins to catch up with the price and value. This was the first crypto currency, thus Bitcoin has more credibility than any other coins in the market. Unless a huge flaw has been found and can not be fixed or some other coins have been made that solves each and every problem we face today when using cryptp, bitcoin will remain the top currency forever

Topic: Bitcoin, Emperor of Crypto or Victim of greed (Read 279 times)