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Topic: Bitcoin has no competition - page 38. (Read 43214 times)

member
Activity: 122
Merit: 10
July 18, 2018, 10:44:07 PM
The price movement of the crypto always follows the bitcoin price movement, some say bitcoin will soon be defeated by another coin that is currently popular and the movement of its price very quickly exceeds the bitcoin. To this day some coins that are considered to have very fast price movements are  still moving following bitcoin prices. This means that bitcoin is indeed the king of a reliable cryptocurrency and has the highest price and can not be rivaled by any crypto.
newbie
Activity: 196
Merit: 0
July 18, 2018, 10:38:34 PM
There are many different perspectives to talk about bitcoin because its existence has caused so much publicity. Its day-to-day development has confirmed it is the most solid currency.
newbie
Activity: 27
Merit: 0
July 18, 2018, 10:34:02 PM
Yeah bitcoin is very stronger and powerful  because this cryptocurrency have strong enough and its hard to make a coins like bitcoin.  bitcoin is very advance and modern currency and a lot of people are adopting bitcoin in huge amount so bitcoin has no competition .
newbie
Activity: 25
Merit: 0
July 18, 2018, 10:32:35 PM
The bitcoin has no competition because there is no similar cryptocurrencie that has the same value as the bitcoin only some that are really low at the point and just one but that value is redicules in comparing with the bitcoin so he has no competition.
newbie
Activity: 84
Merit: 0
July 18, 2018, 10:31:10 PM
yess u are right  bitcoin has no competition at all. people will slowly adopt bitcoins because it is the first of its kind and can earn a lot with it no matter how good the other alternate bitcoins may be no body can give a tough competition to bitcoins .it rules the world.
full member
Activity: 395
Merit: 100
July 18, 2018, 10:29:15 PM
We will become rich by holding Bitcoin soon, so some countries will have more obstacles to Bitcoin development and go backward because fiat currency is more and more depreciated.
newbie
Activity: 76
Merit: 0
July 18, 2018, 10:16:03 PM
Bitcoin definitely has competition. Ever heard Ethereum, Ripple, IOTA, Litecoin, and etc? These cryptocurrencies are on the rise and if they do really well they could probably surpass what Bitcoin has achieved. The possibilities are endless.
member
Activity: 588
Merit: 11
July 18, 2018, 09:44:03 PM
It will take more years before a serious rival to bitcoin dominance will appear. Surpassing bitcoin is still impossible at this present because of its big market capitalization. Ethereum, its closest competitor, will have to achieve what the top coin achieved in the last few years to overtake it. Presently, the present group of coins in the market still posed no challenge in the bitcoin dominance.
member
Activity: 938
Merit: 14
Earn more with Earn Network
July 18, 2018, 09:11:57 PM
Bitcoin has set the record straight and with the pace it moves on the crypto market, it seems it has no competitor in terms of market capitalization and volume. Ethereum which is the direct competitor on the market even appears to have a long way to go in order to catch with Bitcoin in  terms of market cap.
full member
Activity: 1218
Merit: 105
July 18, 2018, 09:07:46 PM
Itu used to be almost said if bitcoins have no rivals. But now, the threat to bitcoin because of this competition is starting to show. All crypto currency including bitcoin compete to get a good place in the market. Even bitcoin as the leader of crypto currency also has a heavy rival. If bitcoin can not make innovations and improvements then I am sure that the position of bitcoin as a leader of crypto currency could be shifted other crypto currencies.

I will only say that bitcoin has a heavy rival when the dominant of bitcoin will decrease.
Right now, bitcoin is still holding the over 40% dominant rate, which means any move of bitcoin will affect the entire market.
I think Bitcoin has so many rival, some coins are waiting for the fall of bitcoin and I think it is alarming to the part of Bitcoin, but have confidence that the bitcoin will stay on top by its convenience and high service provider.
The only one that has the potential to compete with Bitcoin as of now is Ethereum, but I don't think that it will surpass Bitcoin in the future because Ethereum has unlimited supply unlike Bitcoin with a limited supply. There are also some good coins out there with a potential to enter the top 10 in market capitalization but if you ask if they have the potential to replace Bitcoin in its throne, I think it is impossible for them to even reach the total market capitalization of Bitcoin. Bitcoin already made a really solid standing in the crypto currency industry with its very secure blockchain that for 9 years there is no one able to penetrate its security and this is one of the major reasons why Bitcoin is the most trusted virtual currency. Cool
newbie
Activity: 75
Merit: 0
July 18, 2018, 09:06:00 PM
I will keep ethereum as a competitor of bitcoin but it is very hard for ethereum to fight with bitcoin.
jr. member
Activity: 140
Merit: 2
July 17, 2018, 10:22:49 AM
Over the past 2 years, the situation has changed a lot and bitcoin is not the only strong coin. Bitcoin has a lot of competitors who want to take the place of a leader.

It's the natural way of things. Technology evolves and new things come to life every day. Of course that new and better coins will come along the way but BTC will always have a high value.
member
Activity: 280
Merit: 10
S O A R . e a r t h
July 17, 2018, 02:58:00 AM
Over the past 2 years, the situation has changed a lot and bitcoin is not the only strong coin. Bitcoin has a lot of competitors who want to take the place of a leader.
full member
Activity: 411
Merit: 100
July 17, 2018, 02:24:27 AM
I'm thinking that for now the only kind that can be competitive to Bitcoin is Cardano (ADA), because it is very interesting project which can consist in at both bitcoin and ethereum advantages, probably it would be the next wave.
full member
Activity: 378
Merit: 100
July 16, 2018, 06:26:55 PM
It is not correct in current scenario to say that BTC has no competition. There are many projects coming out to compete the BTC. And some of them have very unique concept and now growing their plans rapidly. The dominance of BTC is just because it revolutionize the blockchain technology.
full member
Activity: 679
Merit: 102
July 16, 2018, 06:21:46 PM
Itu used to be almost said if bitcoins have no rivals. But now, the threat to bitcoin because of this competition is starting to show. All crypto currency including bitcoin compete to get a good place in the market. Even bitcoin as the leader of crypto currency also has a heavy rival. If bitcoin can not make innovations and improvements then I am sure that the position of bitcoin as a leader of crypto currency could be shifted other crypto currencies.

I will only say that bitcoin has a heavy rival when the dominant of bitcoin will decrease.
Right now, bitcoin is still holding the over 40% dominant rate, which means any move of bitcoin will affect the entire market.
I think Bitcoin has so many rival, some coins are waiting for the fall of bitcoin and I think it is alarming to the part of Bitcoin, but have confidence that the bitcoin will stay on top by its convenience and high service provider.
full member
Activity: 640
Merit: 100
July 16, 2018, 05:44:44 PM
I don't think that any coin can surpass the Bitcoin. Don't forget that the Bitcoin coins are limited, and in future, the value will only increase. We just need to wait a little bit.
member
Activity: 238
Merit: 11
July 16, 2018, 05:04:19 PM
Of course, bitcoin is the absolute leader in the world of crypto-currencies, and has no competitors, he is the prophet of all new digital currencies !!! And he rightfully is so and holds confidently in the first place !!!
jr. member
Activity: 140
Merit: 2
July 16, 2018, 03:11:50 PM
Bitcoin is simply the father of all cryptocurrency and I dont see any other  altcoin replacing it

Father or not, better coins will surely come along in time.
newbie
Activity: 89
Merit: 0
July 16, 2018, 11:54:07 AM
It doesn't for now, but I think it will have a few competitors pretty soon: Monero, Gold and Silver. I think this will happen because of the recent events that will affect them and their prices, probably in a positive way. The economy is going down worldwide, heading maybe to something like 2008.
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