Bitcoin has no competition - page 24.

mak2017

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Quote from: Chooroz on August 04, 2018, 10:49:32 AM

Well bitcoin has no competition because until now no one crypto can able to move faster over bitcoin, and as long bitcoin alive i am confident that it will not be beat by other crypto and for me even the enst altcoin ethereum can not beat bitcoin because bitcoin is too strong.

Bitcoin has no competition, not because some crypto can move faster than btc but because bitcoin is dominating the market still.
Almost 50% of market is bitcoin, and 1000+ altcoins what we see right now won't never make it, with years passing on we will see 90% of them just vanish.
Look at past years 2014, 2015 there were so many altcoins in top 20 which you don't see no more at this positions, they are simply forgotten as they don't bring nothing at all to the industry.
Bitcoin will always remain crypto number 1, this is my opinion.

Chooroz

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Quote from: capn on August 04, 2018, 07:58:14 AM

I agree with that, even if world will issue som eother cryptocurrencies, which will be better, faster and have bigger marketcap than Bitcoin, I think it will still be the #1

Well bitcoin has no competition because until now no one crypto can able to move faster over bitcoin, and as long bitcoin alive i am confident that it will not be beat by other crypto and for me even the enst altcoin ethereum can not beat bitcoin because bitcoin is too strong.

anil_saini01

newbie

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Depends what you regard as a competitor. Among cryptocurrencies, Bitcoin has no competition. But Bitcoin has several functions, and some of these are taken up by other things (such as gold).

boltz

legendary

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Right now you're right, bitcoin has no real competition but in the next coming years things can change and maybe we will see a real bitcoin competitor but honestly I have my doubts that this will happen. I think the only way for bitcoin to be overthrone is by having a bitcoin 2.0 or anything similar but don't forget blockchain makes the bitcoin stronger.

sinta23

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Activity: 668

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DogData

Quote from: mwpakpak on August 04, 2018, 08:23:19 AM

I does not think bitcoin does not have any competitor, is just that the competitors level is still not there to fight with btc yet. In the long run definitely there will be coins that can overtake btc.

for now I think that bitcoin seems to have quite a lot of competitors, because almost every week or month there must be new coin-coins popping up, even though it can't compete with bitcoin, but bitcoin has competitors.

Toraokun

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Quote from: pereira4 on August 16, 2016, 07:39:32 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.

Yes you are right, even till now no one crypto currency can beat Bitcoin, they might move faster, but still can't beat Bitcoin. No one can't beat first crypto currency for now, dunno about in future.

A Feeder

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I don't know of bitcoin has no competition because all i know is bitcoin i only focusing in bitcoin because my brother said that bitcoin help me to earn and gain a money, but some bounty i saw altcoins i don't know what is altcoins so is supposed to used bitcoin until now.

Gaurav11kb

newbie

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Bitcoin has no competition because most exchanges provide crypto to crypto trading and fiat pairs are not easily available because many countries do not approve of this. So to buy any coin, you first have to buy Bitcoin. It is a necessity. As long as bitcoin dominates the market in such a way, there won't be any competition for it.

KayceeMae

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Competition is a good thing, without better and better alt coin, bitcoin will not have technically evolve much. Now that a lot of altcoin are also aiming to be use as currency it push the developpement of bitcoin. Altcoin is a really large term that for some include all other coins except bitcoin... To that definition I can understand that a lot of ppl are sceptic on altcoin, I'm personally not a fan of ICO as for many its almost like flipping a dice.

mwpakpak

newbie

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I does not think bitcoin does not have any competitor, is just that the competitors level is still not there to fight with btc yet. In the long run definitely there will be coins that can overtake btc.

anil_saini01

newbie

Activity: 98

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Depends what you regard as a competitor. Among cryptocurrencies, Bitcoin has no competition. But Bitcoin has several functions, and some of these are taken up by other things (such as gold).

capn

full member

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I agree with that, even if world will issue som eother cryptocurrencies, which will be better, faster and have bigger marketcap than Bitcoin, I think it will still be the #1

fordrenok

newbie

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There is a fact that Bitcoin is not the only electronic currency. Bitcoin rivals have been emerging, serving quite well for those who feel they have "missed the train" as the Bitcoin bubble grows out of reach.Bitcoin is the main currency whereby all other crypto currencies are pegged to. There will be a long time in passing before other cryptocurrencies are ever unpegged from Bitcoin in order to be in direct competition with it and I doubt that will be happening any time soon, not for a while anyway.

greeklogos

full member

Activity: 658

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True reason why bitcoin is on the top among other crypto is that it was the first crypto bird, it has short number of coins and it is the most pumped coin among others. I believe that there are coins, appeared after bitcoin, which have better technology and terms of use, but the problem of those coins is they appeared AFTER bitcoin Roll Eyes

Arwinkim

member

Activity: 266

Merit: 10

I don't think Bitcoin has no competition, because clearly it is competing with alt coins. However, it seems impossible to overtake Bitcoin throne. You know we all know Bitcoin is a main cryptocurrency with bigger capitalization over 40%. Usually, people need to buy Bitcoin before buying any alt coins. I call it "first door" as well as Ethereum.

anil_saini01

newbie

Activity: 98

Merit: 0

There are many cryptocurrencies out there like bitcoin but I don't think that you can call it competition cause it's obviously clear that bitcoin is standing out among them. And many altcoins depends/based in bitcoin that's why bitcoin is like the Father among them Grin

xxx3

member

Activity: 87

Merit: 10

in my opinion, Bitcoin Technology has been tested for several years and this is the first of its kind so bitcoin has greater community and developer support. In the crypto world community support is the main reason for the success of coins because this increases market demand. Bitcoin has also gone through a number of difficult situations but has soaked all the pressure from time to time very effectively. I also feel the same way, no altcoin can dominate the crypto market like bitcoin.

cloudbleron18

member

Activity: 203

Merit: 10

Quote from: pereira4 on August 16, 2016, 07:39:32 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.

Bitcoin have llots of compitition in online technologies but for me?When do I started?I will stay on it until it is working.period!

Joeyvicky

jr. member

Activity: 140

Merit: 1

Definitely there is no competition for bitcoin, as the mother of all coin nothing can be compared to it as at now. Am not really conversant with altcoin but apparently i do not think that any of them is potent enough to compet. The bitcoin fraternity will continue to grow and advance.

xenosaga

newbie

Activity: 111

Merit: 0

Quote from: Losiana on August 01, 2018, 04:55:15 AM

Bitcoin has no competition because it has no practical application and it is used only for speculation. I think this is a questionable advantage of bitcoin.

No that's just stupid. Do you think the price of Bitcoin would go up as high as $20k if it has no value at all? You better get your facts straight before commenting anything in here. It's not just a play money or something that's used by people just to speculate.

Topic: Bitcoin has no competition - page 24. (Read 43198 times)