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Topic: Bitcoin has no competition - page 40. (Read 43198 times)

full member
Activity: 1414
Merit: 228
Omicron is another FUD
July 15, 2018, 04:53:53 PM
In every environment there is competition, as competition is the driving force for development but the environment needs to be more healthy as well as it can take more development steps to assert its position.
so true, and all the crypto coins scattered in the cryptocurrency market are Bitcoin's competitors, that crypto coins appear and saying they are better than Bitcoin, faster, safer and will be of high value in the future and will beat the value of Bitcoin...
member
Activity: 434
Merit: 10
July 15, 2018, 04:43:04 PM
Now we should all accept that bitcoin is the KING in crypto and no other coin can overtake it. It is good that some projects are working hard all with the aim of overtaking bitcoin because it makes crypto strong. The truth however is no coin can compete with bitcoin.
full member
Activity: 532
Merit: 101
July 15, 2018, 04:32:06 PM
everything that happens will look good for users and developers, it will be great in the future and regret for those who leave. out there a lot of negative impression on bitcoin but I myself do not feel their anxiety about bitcoin I am proud to be here Cheesy
jr. member
Activity: 140
Merit: 2
July 15, 2018, 04:19:22 PM
Bitcoin has no competition because it is the first and the highest of all. Also the best known and until a genius does not appear I do not think anyone exceeds Bitcoin.

Only being the first cannot guarantee that there is no competitor. There is a high probability that another coin become a better coin than bitcoin by solving the problems that bitcoin is facing with.

When you're the first in something it's just a matter of time before someone better comes along. It's natural for things to evolve and became better.
newbie
Activity: 154
Merit: 0
July 15, 2018, 04:18:25 PM
bitcoin clearly has no competition, it is the strongest and most promising crypto currency
full member
Activity: 650
Merit: 100
Financial aid for users: https://bit.ly/2SMY8gi
July 15, 2018, 04:18:13 PM
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 i don't see any coins that can surpass with bitcoin and i guess we must stop comparing bitcoin to altcoins because bitcoin has already build its strong foundation for its users and adoptors for years but altcoins has just started with bitcoins concept,anytime they might crush out but bitcoin will remain even if its high votality situation and the bearish market would appear.
member
Activity: 155
Merit: 10
July 15, 2018, 04:16:01 PM
Don't forget that there are still a lot of coins that are good enough to be better than bitcoin, but i do not think that they will ever surpass it, because it is not possible at this time.
But in terms of "banks and governments" no, bitcoin has zero competitors
full member
Activity: 658
Merit: 108
July 15, 2018, 04:07:00 PM
Bitcoin has no competition because it is the first and the highest of all. Also the best known and until a genius does not appear I do not think anyone exceeds Bitcoin.

Only being the first cannot guarantee that there is no competitor. There is a high probability that another coin become a better coin than bitcoin by solving the problems that bitcoin is facing with.
newbie
Activity: 84
Merit: 0
July 15, 2018, 04:03:45 PM
Yeah, it's a reality of technology is such that, if in the future there is new technology that is more profitable and better than bitcoin then surely everyone will switch using bitcoin or they use both. This will not be a problem because it's still too far away and we enjoy what we're doing

It's money first, technology second. I doubt this forum would have more than a few hundred members if the whiff of money didn't hang around it.

You can't switch your funds and the trust earned to something new without risking setting a large amount of your funds on fire.

'Good enough' is an element that works in plenty of areas even when there's no money on the line. When there is, the incentive to improve, and tolerate, what you have overpowers every other thing.

As far as I know no other network compete bitcion in a fast earning methods of technology I am so blessed joining here can have an income and knowledge in business all over the world.
full member
Activity: 378
Merit: 100
July 15, 2018, 03:57:47 PM
1. Decentralization
The power of bitcoin is decentralization. Bitcoin does not belong to any centralized banking system, so it is stable.

2. Mining
Amount bitcoin is limited. Mining of bitcoin becomes more difficult, and the value of the coin will grow.

3. Security
Decentralization and encryption mean that bitcoin is safe.

4. Proof of work
Since all transactions are recorded, the possibility of fraud is minimal and immediately monitored.
That's why bitcoin is unbeatable !!!
member
Activity: 434
Merit: 86
Community Manager
July 15, 2018, 03:29:50 PM
Bitcoin has no competition because it is the first and the highest of all. Also the best known and until a genius does not appear I do not think anyone exceeds Bitcoin.
member
Activity: 294
Merit: 10
July 15, 2018, 03:13:51 PM
For now I think it is true, because Bitcoin is the oldest, the biggest and most well-known cryptocurrency from all the others. I think that bitcoin for now is very overhyped and overvalued.
newbie
Activity: 2
Merit: 0
July 15, 2018, 11:56:39 AM
I agree that bitcoin will remain number 1 as it is the face of crypto. There is also no coin with anything unique in comparison to bitcoin.
newbie
Activity: 140
Merit: 0
July 15, 2018, 11:55:33 AM
I think the same.
Altcoin to me is just a way to multiply my bitcoins, sometimes all my bitcoins are invested in a few altcoins but in the end i sell all of them for more bitcoins.
full member
Activity: 840
Merit: 105
Buzz App - Spin wheel, farm rewards
July 15, 2018, 11:52:01 AM
I also see that no one can compete with bitcoin therefore bitcoin prices are very expensive than other crypto currencies. at this time nothing can rival bitcoin but bitcoin can be influenced by bad news and the investors who sell it for a very cheap price.
sr. member
Activity: 639
Merit: 251
July 15, 2018, 11:42:34 AM
Yes bitcoin is a king but money making machines is Altcoins and daily trading giving me 10 to 20 percent but still bitcoin price is higher then other cryptocurrencies also second one is Etherium,In upcoming months bitcoin will show his strength and market manipulator make profit because whales are now buying bitcoins this is the Core currency in all cryptocurrencies.
Bitcoin in this year could be real money machine if market will recover cause it will finally go from this hole and show again that it has power to just recover, for me it will take some months but it will finally happen.
hero member
Activity: 743
Merit: 500
July 15, 2018, 11:38:46 AM
I agree with your point of view. Since Bitcoin is an evolutionary software, other codecs are hard to compete with.
Indeed, bitcoin has no competition; bitcoin the king of cryptocurrency, no one could beat it right now even though the price is falling; it is remain the on the top.
as of this is what are some of what may bitcoin face on like they are facing to be the currency that no one may ever have to beat for and for being as the top currency of all time well we are able to aware on that there may ever have to change but for now this is what bitcoin is.
newbie
Activity: 82
Merit: 0
July 15, 2018, 11:29:39 AM
I think Bitcoin is made and worthless, people realize its potential and make it worthwhile. Altcoin created because their developers want to cut corners and earn fast money.
while Altcoin is not made as an increase in bitcoin or to innovate crypocurrency. Most of them are merely pumping and disposal schemes superimposed to look like 'next big thing'.
News altcoin may be more advanced in the technical field - for now, because bitcoin can be improved. But then it never beats one and the most important attribute of BTC - near the perfect initial distribution.
newbie
Activity: 21
Merit: 0
July 15, 2018, 11:20:15 AM
Yes bitcoin is a king but money making machines is Altcoins and daily trading giving me 10 to 20 percent but still bitcoin price is higher then other cryptocurrencies also second one is Etherium,In upcoming months bitcoin will show his strength and market manipulator make profit because whales are now buying bitcoins this is the Core currency in all cryptocurrencies.
hv_
legendary
Activity: 2534
Merit: 1055
Clean Code and Scale
July 15, 2018, 11:19:01 AM
Satoshi's Bitcoin protocol has no competition.

Only on implementation / instance level we see a lot of competition, yeah.

Fiat or precious metals are definitely inferior.
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