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Topic: Bitcoin has no competition - page 12. (Read 43198 times)

newbie
Activity: 30
Merit: 0
August 18, 2018, 05:06:21 AM
lets just say that altcoins are not actually the competitions but are children of bitcoin, maybe there will come a time that the bitcoin itself will be the main access to its monetary value but altcoin will be the way to acquire bitcoin. Today, ofcourse altcoin compete with bitcoin but i think there is a possibility that this will happen some time in the future.
full member
Activity: 714
Merit: 114
August 18, 2018, 05:03:42 AM
Right now yes Bitcoin does not have any competition, but near future, i believe altcoin such as Ether, Neo, Eos can give bitcoin hard time, as they rapidly improving their tech and transaction, however, ETH can easily take over bitcoin if they are on right path few years.



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Right now yes Bitcoin does not have any competition
of course it does . bitcoin does have a lot of competion  . most of them are already mentioned above on your post .


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i believe altcoin such as Ether, Neo, Eos can give bitcoin hard time, as they rapidly improving their tech and transaction, however, ETH can easily take over bitcoin if they are on right path few years.
based on your comments above , you are actually saying that bitcoin do have a lot of competitors but you said on your first sentence that bitcoin does not have any competition .

in my own view , i think bitcoin will remain superior because it is the main currency and other coins like altcoins , cannot re worked it anymore .
newbie
Activity: 26
Merit: 0
August 18, 2018, 04:58:09 AM
I think it is impossible, the predictions that call bitcoin will be replaced just like the usual issues, But also i will say that bitcoin has competition with all other crypto currencies.
newbie
Activity: 15
Merit: 0
August 18, 2018, 03:43:28 AM
Yeah, it looks like that, but with a small print: Ethereum has a good reputation, too. It isn't as pricey as BTC, but its blockchains and smart contracts are increasingly becoming commonplace, so in some way it IS a competition, anyway.
newbie
Activity: 92
Merit: 0
August 18, 2018, 02:58:02 AM
yes you are right since the emergence of bitcoin until now there are no coins that can rival bitcoin. bitcoin remains the number one coin in cryptocurrency. there are no coins that can rival bitcoin prices. and I think that until the next few years bitcoin will still be the number one coin. because there are no altcoins that have prices like bitcoin.
newbie
Activity: 83
Merit: 0
August 18, 2018, 02:44:54 AM
Yes Bitcoin has no competition at the moment and there is no cryptocurrency that has been introduced competitive enough to challenge it so it is a giant among many other crypto currencies and definitely it will be the same in the future because Bitcoin is still leaning to adapt with the business community which can makes it more valuable in the future when it adapt into more businesses 
hv_
legendary
Activity: 2534
Merit: 1055
Clean Code and Scale
August 17, 2018, 03:39:11 PM
Bitcoin on chain transactions have no competition. Highest good is SW free.

https://mobile.twitter.com/satoshi/status/1030514527736082432?s=19
full member
Activity: 532
Merit: 107
August 17, 2018, 03:38:59 PM
Right now yes Bitcoin does not have any competition, but near future, i believe altcoin such as Ether, Neo, Eos can give bitcoin hard time, as they rapidly improving their tech and transaction, however, ETH can easily take over bitcoin if they are on right path few years.
legendary
Activity: 3346
Merit: 1203
August 17, 2018, 03:33:52 PM
That is right. Until now, bitcoin has no real competition in the crypto world but things can change in the future so lets see what will be next. I'm sure even if a real competitor appears to face bitcoin reign it will be super difficult to overthrone bitcoin as the capital will be bigger and bigger with the years passing by.
newbie
Activity: 125
Merit: 0
August 17, 2018, 03:15:20 PM
Of course Bitcoin has stayed on the number one position since its inception and appears to have no tight competitor on the market. With Ethereum which shows a direct competition with Bitcoin, it has to achieve another same market volume before it catches up with Bitcoin, thus, Bitcoin's market cap is twice more than that of Ethereum.
newbie
Activity: 224
Merit: 0
August 17, 2018, 03:08:59 PM
bitcoin was initially on the first place and I think that not soon any other currency will declare itself the same way. While this currency is under the supervision of certain people, bitcoin will be the first.
newbie
Activity: 33
Merit: 0
August 17, 2018, 02:39:21 PM
In crypto world community support is the main reason for success of coin as this increases market demand. Bitcoin have also gone through several hard situation but soak all those pressure over time very effectively. i believed that then and thought no coin could overcome bitcoin. well since mining bitcoin is done by special mining equipment only good for bitcoin this argument is invalid. seems to me that bitcoin has to be the better coin, which is maybe just a question of time until some better coin comes along.
jr. member
Activity: 196
Merit: 1
August 17, 2018, 02:33:50 PM
It's about time. Right now most of the community have their trust on Bitcoins, who knows what they turn to tomorrow.!!
Bitcoin has more potential than anyone can.. It is true that bitcoin has no competition in the market.
I agree with you because nobody knows about the future of cryptocurrency. In some day it can disappear even. But for real time it is one of the best perspective coins on the market.
member
Activity: 308
Merit: 12
S O A R https://www.soar.earth/
August 14, 2018, 02:12:29 PM
It is true that bitcoin has no competitors, but the problem is that people are beginning to fear the unstable price of bitcoin. Therefore, bitcoin will soon lose its place as a leader.
newbie
Activity: 140
Merit: 0
August 14, 2018, 01:49:14 PM
The trust that bitcon has been able to win is superb. any other coin has not been able to do it as bitcoin did. so as you said bitcoin has no competition. that is true. agree.
member
Activity: 264
Merit: 11
August 14, 2018, 01:24:49 PM
Definitely and it is such a shame that sometimes some members within this forum would want to compare bitcoin and other cryptocurrencies especially ethereum. I just don't get it, just because ethereum is doing good on the market does not mean it can overtake the King of cryptocurrencies. Bitcoin shall forever be the most priceless digital currency on the market.
member
Activity: 378
Merit: 10
Decentralized Continuous Audit& Reporting Protocol
August 14, 2018, 01:20:52 PM
Absolutely looking at the pace at which BTC is running and snot seeing any potential coin to overtake it now bitcoin indeed has no competitor.
Bitcoin is on it own and making it's own way
newbie
Activity: 72
Merit: 0
August 14, 2018, 07:33:04 AM
The more time goes by, other projects will play a bigger part in the whole market and there will be more traiding pairs than just with BTC.
full member
Activity: 378
Merit: 100
August 14, 2018, 05:00:02 AM
The main advantages of bitcoin before other crypto-currencies is its maturity. It is the very first, the most famous and the most widespread. Any currency, if it is not tied to some material values, is a purely speculative instrument, the value of which is only in that, that people agree or are forced to use it to exchange for goods or services. As soon as public consent for using this particular instrument is lost, its value becomes zero.
hero member
Activity: 840
Merit: 520
August 14, 2018, 03:41:34 AM
All those FUDsters that where saying year ago how Bitcoin would fail because another currency would take over get proven wrong year after year. The more time Bticoin is alive, the stronger it gets and the bigger the network effect. Sorry but there will not be a Bitcoin 2.0. Bitcoin will go to 100k+ per coin in the next 5 to 10 years, it will absorb all the value researched in the field if not directly through protocol improvements then through sidechains.

Bitcoin will remain the only solid coin. The only coin that survived for the longest time (other coins can't claim this unless they invent a time machine).
There will be alts that pump really hard and make people millionaires, but no alt is going to surpass Bitcoin's strength and solidity. No coin will get a bigger marketcap. In the long term people holding 21+ BTC will be rewarded by history with rich-tier status for seeing the value in it before most people did. Do not let the FUDsters trick your mind or the trolls try to derrail the excellent job being done by Core devs.

Let's continue then our path towards inevitable triumph.
I think bitcoin is the most sustainable most successful and most popular crypto currency present in the market, bitcoin has the huge and very high success rate that within a decade of its introduction it has made millions of people trusting it and are getting benefited by bitcoin and I feel bitcoin like the superstar of crypto world and the growth graph and the statics of bitcoin and even the opinion of many financial experts are the evidence that there is no competition of bitcoin.
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