Topic: Bitcoin has no competition - page 58. (Read 43198 times)
That is one of the reasons why BTC is not progressing, Luck of competition, its seated comfortably at the top and no coin has come up a project valuable enough to challenge the coin, maybe someday when another interesting project comes up Bitcoin shall be toppled from the top position
Because bitcoin is always the foremost of the most in demand and has proven it until this year. Many coins are popping up but like there is no competition because bitcoin is number one.
I think there are lots of competiyion her in crypto world. Some may loss and some may win. But all of this competitors, they cannot conpete bitcoin. Bitcoin is the head of all. There is always a competition to be able the market would go a high price, than without a competition.
I do not agree with it. In the time some more coin has come in the market. They are making their place in the crypto market. That is why we can not say that Bitcoin is not a competitor.
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.
I agree besides there are many competitors keep saying that their going to replace bitcoin at the top so at the beginning they planning to compete on bitcoin but as of these days there's no crypto can be called as a rival of bitcoin.
Yeah because bitcoin is first cryptocurrency make it more user and more bigger than other cryptocurrency . I don not think other cryptocurrency can beat bitcoin for now
In my opinion, the direct competitor bitcoin is eth now, I think in the near future to consider which asset to invest, it is better to take eth, as it will give more profit, eth this year has a lot of important events
Whooo..... Bitcoin is the Head of all. That's why there's always a competition in bitcoin. The higest value wins.
Bitcoin is the king of all cryptocurries and it is at the top most position.At present it is one of the currency which has the potential to compete with other currencies.It is appreciated by many investors as it is very easy to use and give alot of profit to investors.It has many advantages over other currencies.No doubt the transaction fees of bitcoin is more than other altcoins.But the benefits of other bitcoin is much more as compare to other coins.So we can conclude that bitcoin has no competition with other coins as it is the best coin in crypto market.
Bitcoin will dependably appreciate the main space and however there will dependably be newcomers testing the administration of Bitcoin I don't figure they will succeed. They can make due close by Bitcoin and can even be complimentary in nature however they can not overcome Bitcoin not except if somebody can concoct something that is of higher esteem and innovation than what Bitcoin is giving. In any case, I can not see the future so this is simply one more feeling of mine.
Bitcoin has dependably had rivalry, those altcoins out there are it's rivals and a large number of them are going up against each other. The main altcoins are certain contenders developing gradually as far as market capitalization yet are off track going up against the cost of Bitcoin. Bitcoin has a considerable measure of use and potential when contrasted with different coins, yet there's dependably an advantage of having numerous altcoins and stores tolerating various digital currencies. Along these lines there's more decentralized types of installment and no single vast monopolistic gathering can endeavor to stop any of them at the same time.
Bitcoin definitely has competition! There are several issue with bitcoin which are solved by other cryptocurrencies. Some examples are:
Slow transactions which can take upto an hour
High transaction fees
Internal/governance issues
If we look at Ethereum it provides faster transactions at a lower fee. Ethereum also enables wide range of application by the means of smart contracts.
Slow transactions which can take upto an hour
High transaction fees
Internal/governance issues
If we look at Ethereum it provides faster transactions at a lower fee. Ethereum also enables wide range of application by the means of smart contracts.
Indeed. And where the hell is bitcoin cash, bitcoin gold and other shitcoin forks of bitcoin? They are gone now and it is because they are not worthy and that reminds people that nobody can really replace bitcoin even though you use its name because it will just be a duplicate.
They are just replica of bitcoin and they are just kind of shitcoin and there is no chance for them to surpass or outperformed bitcoin and that is why they are now silent and they don't have much hype to attract investors while bitcoin is still there in the top and even more popular than before because of its strong foundation in the market.
Actually, there are many altcoins have been developed to encounter bitcoin and solve the problem. But now bitcoin is still the leading as we can see in it's value. But in many ways Bitcoin still can't compete with fiat currencies and there is the space for progress.
I think ETH, LTC, XRP is ready to compete with bitcoin. Of course it takes a long time. Even if eventually they are not able to surpass bitcoin, bitcoin still has opponents, namely global and government regulations. Do not be too relaxed and assume bitcoin will always be on top, because there will be many obstacles for the future.
Indeed. And where the hell is bitcoin cash, bitcoin gold and other shitcoin forks of bitcoin? They are gone now and it is because they are not worthy and that reminds people that nobody can really replace bitcoin even though you use its name because it will just be a duplicate.
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.
Maybe some of the people doubt bitcoin they start losing and dont believe on it but im sure bitcoin will rise again, afterall its the father and founder of all cryptocurrency.
Bitcoin isnt going anywhere anytime soon
I agree with you. But for remain at first position. It is necessary to understand market's need and changes. Because need of market changing time to time. Improvement of services should continuing. Now some small coins coming in competition with Bitcoin. Now they are so far from Bitcoin. But if Bitcoin loose little faith and services then they can chase it.
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