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Topic: Bitcoin has no competition - page 76. (Read 43198 times)

hero member
Activity: 490
Merit: 501
March 17, 2017, 10:08:10 AM
Bitcoin will always enjoy the leading space and though there will always be newcomers challenging the leadership of Bitcoin I don't think they will succeed. They can survive alongside Bitcoin and can even be complimentary in nature but they can not defeat Bitcoin not unless someone can invent something that is of higher value and technology than what Bitcoin is providing. However, I can not see the future so this is just another opinion of mine.
sr. member
Activity: 308
Merit: 250
March 17, 2017, 09:55:33 AM
I'm not sure if other digital currencies will deliver meaningful competition to bitcoin. It could happen, but the network effect and momentum that bitcoin already has would be hard to overcome.

There will be competitions for sure that's what will define the value of bitcoin and if you would have noticed already the value of alt coins like ETH and DASH has increased in last 24 hours because there is a drop in the value of bitcoin in last 24 hours so again once there is more transaction of bitcoin the value will be pumped up and there will be many competitions to bitcoin but its's not easy to achieve the mark which bitcoin has achieved now.
sr. member
Activity: 440
Merit: 250
March 17, 2017, 09:30:22 AM
I'm not sure if other digital currencies will deliver meaningful competition to bitcoin. It could happen, but the network effect and momentum that bitcoin already has would be hard to overcome.
i think yes there is no doubt that not a single currency can compete bitcoin. bitcoin is the number one currency of the world and i am hopeful that even in future bitcoin will remain as number one currency of the world, i think that a time will come when bitcoin will even overtake USD.
hero member
Activity: 882
Merit: 500
March 17, 2017, 08:26:33 AM
I'm not sure if other digital currencies will deliver meaningful competition to bitcoin. It could happen, but the network effect and momentum that bitcoin already has would be hard to overcome.
Yeah , right bro But if you will see back in the history about the bitcoin and altcoins then you will found only that bitcoin was only king and other altcoins was only just for name to make small earning by pump & dump .
But in the current time the bitcoin has many competition with other altcoins like ETH , dash , clock coin etc .
After the bitcoin these are much more famous coins , So it may be poss that in the future the value of these altcoins comes about equal or more advantageous than bitcoin .
Well currently the king is also bitcoin and we would like to have bitcoin only the king only .
sr. member
Activity: 2436
Merit: 455
March 17, 2017, 08:01:17 AM
Yes bitcoin has no competitor, some said they compare it to fiat it is a wrong idea, they are in different concept.
The competition of bitcoin is only the altcoins, however bitcoin is far ahead as we can see in it's price, it is also unique since the developer is unknown and only the source code is open to the public. It was supported by the people like us and it will continue to stay progressive despite of the challenges that it may face ahead, that is how a strong currency move.
This cant still be sure that bitcoin would be remain on the top spot but considering on its current state we could really able to say so and yes theres no altcoin could able to compete with bitcoin in terms of value but there are still some alts do really have good features does bitcoin dont have.
The competition is there because if you said bitcoin is on the top what would be your basis of being no. 1 of bitcoin, all decentralize/digital currency are all competitors of bitcoin, like fiat, dollar and other currency they compete its value and the basis is the economy of each country. I think this value of bitcoin would not meet if there is no competition happened.
I commonsense talk then you do have a point it would be consider as number 1 because there are coins below it and said does really have the competition but bitcoin cant be defeated easily seeing on its current state which means no alt have the potential to surpass it.

Yes, there is no Altcoins out there that could compete with bitcoin because of its valuability, advantages, and flexibility, but there is still competition, because if there is no Altcoins out there, bitcoin would not be in the top soaring high, and still the superior amongst all Altcoins out there, and it could not be easily defeated by any Altcoins out there because of its solidity.

We have known bitcoin for a very long time compare to this Altcoins that is just popping up nowhere hoping that they could replace bitcoin, but sadly, they didn't success. Bitcoin still remains on its feet, and I know that it will take a very long time before an Altcoin could replace it.
full member
Activity: 168
Merit: 100
March 17, 2017, 12:13:06 AM
I'm not sure if other digital currencies will deliver meaningful competition to bitcoin. It could happen, but the network effect and momentum that bitcoin already has would be hard to overcome.
hero member
Activity: 518
Merit: 500
March 17, 2017, 12:06:31 AM
I don't think so, bitcoin has competition and bitcoin needs competition,
the competition of bitcoin are altcoins as instrument​ of investments
it will makes bitcoin be alive and there are choice for making investments into digital coins,
it is like gold the competition is silver or other.
legendary
Activity: 1386
Merit: 1020
DGbet.fun - Crypto Sportsbook
March 16, 2017, 11:58:17 PM
Yes bitcoin has no competitor, some said they compare it to fiat it is a wrong idea, they are in different concept.
The competition of bitcoin is only the altcoins, however bitcoin is far ahead as we can see in it's price, it is also unique since the developer is unknown and only the source code is open to the public. It was supported by the people like us and it will continue to stay progressive despite of the challenges that it may face ahead, that is how a strong currency move.
This cant still be sure that bitcoin would be remain on the top spot but considering on its current state we could really able to say so and yes theres no altcoin could able to compete with bitcoin in terms of value but there are still some alts do really have good features does bitcoin dont have.
The competition is there because if you said bitcoin is on the top what would be your basis of being no. 1 of bitcoin, all decentralize/digital currency are all competitors of bitcoin, like fiat, dollar and other currency they compete its value and the basis is the economy of each country. I think this value of bitcoin would not meet if there is no competition happened.
I commonsense talk then you do have a point it would be consider as number 1 because there are coins below it and said does really have the competition but bitcoin cant be defeated easily seeing on its current state which means no alt have the potential to surpass it.
copper member
Activity: 1330
Merit: 899
🖤😏
March 16, 2017, 11:47:50 PM
Imo ETH is a candidate to compete with bitcoin, if I'm not mistaken $2B was transferred from bitcoin into ETH in past 2 days, well that is not good if we want ETH to even surpass bitcoin we need fresh money from outside not the already invested money on btc to be put in ETH we need fiat flow into crypto.
legendary
Activity: 3318
Merit: 1133
Leading Crypto Sports Betting & Casino Platform
March 16, 2017, 11:39:22 PM
Yes bitcoin has no competitor, some said they compare it to fiat it is a wrong idea, they are in different concept.

Actually it is the other way around. It is competing with fiat. Then banks compete with wallet websites.
Problem is lack of supporters for bitcoin and maybe more development. As more projects are being done someday we will see what will be really useful or can be more convenient for the people. For now, technology must be upgraded in different parts of the world. Once it is done it wont be difficult to use bitcoin.
hero member
Activity: 562
Merit: 500
March 16, 2017, 11:33:31 PM
Yes bitcoin has no competitor, some said they compare it to fiat it is a wrong idea, they are in different concept.
Competition is what happens when you behave as if you have none. There's always competition, just because you don't (want to) see it, doesn't mean it doesn't exist.
legendary
Activity: 1372
Merit: 1005
March 16, 2017, 11:26:02 PM
Bitcoin is also one of the cryptocurrency and there many cryptocurrency out there in competition. Of course  bitcoin is something special since it is the pioneer and some are copied from it.Bitcoin is the number 1 crypto and tehre many altcoins that follows.

Bitcoin is first digital currency invented by Satoshi Nakamota with world's best technology callled Blockchain technology. Since been many crypto currencies been invented but bitcoin always ahead in price and potential of usage. I hope it become a centralized money and we will get more pioneer to lead bitcoin real world to make understand till laymen understands it.
sr. member
Activity: 1372
Merit: 348
March 16, 2017, 11:22:18 PM
If you pay attention to other crypto currencies, bitcoin is not the only one of its kind, but it is users who make valuable crypto currency due to the demand, and consequently popularity.

It's not about attention, it's all about which crypto currency will give you more profit in future because everyone invest their money to gain profit as a result. So bitcoin has great importance in the market that's why it's demands increases day by day.

If we are talking about profits, then altcoin has more wild fluctuation that can give you more profit than Bitcoin.  But I do not think people look only to that.  People wants more stable in terms of support crytocurrency that is why, bitcoin is said to be no competitors at all.  But when it comes to technology, there are far more advance altcoins than Bitcoin.
copper member
Activity: 1815
Merit: 1004
PredX - AI-Powered Prediction Market
March 16, 2017, 11:16:10 PM
If you pay attention to other crypto currencies, bitcoin is not the only one of its kind, but it is users who make valuable crypto currency due to the demand, and consequently popularity.

It's not about attention, it's all about which crypto currency will give you more profit in future because everyone invest their money to gain profit as a result. So bitcoin has great importance in the market that's why it's demands increases day by day.
hero member
Activity: 850
Merit: 504
March 16, 2017, 10:22:51 PM
Bitcoin is also one of the cryptocurrency and there many cryptocurrency out there in competition. Of course  bitcoin is something special since it is the pioneer and some are copied from it.Bitcoin is the number 1 crypto and tehre many altcoins that follows.
sr. member
Activity: 532
Merit: 280
March 16, 2017, 09:20:41 PM
Yes bitcoin has no competitor, some said they compare it to fiat it is a wrong idea, they are in different concept.
The competition of bitcoin is only the altcoins, however bitcoin is far ahead as we can see in it's price, it is also unique since the developer is unknown and only the source code is open to the public. It was supported by the people like us and it will continue to stay progressive despite of the challenges that it may face ahead, that is how a strong currency move.
This cant still be sure that bitcoin would be remain on the top spot but considering on its current state we could really able to say so and yes theres no altcoin could able to compete with bitcoin in terms of value but there are still some alts do really have good features does bitcoin dont have.
The competition is there because if you said bitcoin is on the top what would be your basis of being no. 1 of bitcoin, all decentralize/digital currency are all competitors of bitcoin, like fiat, dollar and other currency they compete its value and the basis is the economy of each country. I think this value of bitcoin would not meet if there is no competition happened.
hero member
Activity: 756
Merit: 500
March 16, 2017, 09:18:59 PM
Until recently i thought that there wont be any real competitors for bitcoin but in the last couple of weeks the rest of the alt coins has being on a good run and is breaking their ATH's and it makes me think about the possibility of other alts to challenge bitcoin at one point in the future.

You are a great one if there are no competitors to beat bitcoin. Because basically the bitcoin is a product and if any products are much sought after people are already certain that there will be popping up almost the same coin they are providing number of  innovations that might not have been owned by bitcoin. But despite the latest coin, the triumph of bitcoin will not be replaced if indeed bitcoin does not make a problem that makes its users go
 
legendary
Activity: 1386
Merit: 1020
DGbet.fun - Crypto Sportsbook
March 16, 2017, 09:16:05 PM
Yes bitcoin has no competitor, some said they compare it to fiat it is a wrong idea, they are in different concept.
The competition of bitcoin is only the altcoins, however bitcoin is far ahead as we can see in it's price, it is also unique since the developer is unknown and only the source code is open to the public. It was supported by the people like us and it will continue to stay progressive despite of the challenges that it may face ahead, that is how a strong currency move.
This cant still be sure that bitcoin would be remain on the top spot but considering on its current state we could really able to say so and yes theres no altcoin could able to compete with bitcoin in terms of value but there are still some alts do really have good features does bitcoin dont have.
legendary
Activity: 3108
Merit: 1290
Leading Crypto Sports Betting & Casino Platform
March 16, 2017, 09:02:00 PM
Yes bitcoin has no competitor, some said they compare it to fiat it is a wrong idea, they are in different concept.
The competition of bitcoin is only the altcoins, however bitcoin is far ahead as we can see in it's price, it is also unique since the developer is unknown and only the source code is open to the public. It was supported by the people like us and it will continue to stay progressive despite of the challenges that it may face ahead, that is how a strong currency move.
sr. member
Activity: 490
Merit: 250
March 16, 2017, 08:56:15 PM
Yes bitcoin has no competitor, some said they compare it to fiat it is a wrong idea, they are in different concept.
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