Topic: Bitcoin has no competition - page 77. (Read 43198 times)
Bitcoin has no competition so far because it has been so hard to change things in the code and if you could find anything similar to bitcoin's code and with the same development then I think you have found it's competitor.
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.
What about DASH, a lot of his shils are screaming about the dash will take the bitcoin's place. It seems like the altcoin gets a lot of the new demand in this time, and ethereum have the big chance to become a competitor for bitcoin.
DASH will probably never replace Bitcoin, but DASH could be a successful major altcoin that can be used along with Bitcoin. There is room for more than one cryptocurrency with Bitcoin being so expensive.
No offence OP. Stating that Bitcoin doesn't have any competition is pretty naive, there is an investment that is going up in value as time goes by. That investment is called Gold.
It may not seem like it's worth a bunch of money right now because of the volitility of the price though if you look beyond the USD price chart you will see that there wasn't a set price for Gold.
Gold is really a safe haven for some who know how to just count measurements and is more reliable than Bitcoin.
So, yes Bitcoin does have a competitor.
Gold will always be a competitor and not only to bitcoin but to fiat currencies as well since we must not forget that gold has been the currency of choice for thousands of years while fiat has been around in its current form just for a hundreds of years.It may not seem like it's worth a bunch of money right now because of the volitility of the price though if you look beyond the USD price chart you will see that there wasn't a set price for Gold.
Gold is really a safe haven for some who know how to just count measurements and is more reliable than Bitcoin.
So, yes Bitcoin does have a competitor.
That is absolutely true, bitcoin has become favorite investment because there is no inflation in bitcoin and it is free from the government control, it is really suitable fot future investment because the price is keep on rising and there are so many big potential can be achieved with crypto currencies
No offence OP. Stating that Bitcoin doesn't have any competition is pretty naive, there is an investment that is going up in value as time goes by. That investment is called Gold.
It may not seem like it's worth a bunch of money right now because of the volitility of the price though if you look beyond the USD price chart you will see that there wasn't a set price for Gold.
Gold is really a safe haven for some who know how to just count measurements and is more reliable than Bitcoin.
So, yes Bitcoin does have a competitor.
Gold will always be a competitor and not only to bitcoin but to fiat currencies as well since we must not forget that gold has been the currency of choice for thousands of years while fiat has been around in its current form just for a hundreds of years.It may not seem like it's worth a bunch of money right now because of the volitility of the price though if you look beyond the USD price chart you will see that there wasn't a set price for Gold.
Gold is really a safe haven for some who know how to just count measurements and is more reliable than Bitcoin.
So, yes Bitcoin does have a competitor.
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.
What about DASH, a lot of his shils are screaming about the dash will take the bitcoin's place. It seems like the altcoin gets a lot of the new demand in this time, and ethereum have the big chance to become a competitor for bitcoin.
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.
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. But if you consider the real currency as a competitor bitcoin, then I think that this is wrong.
Well if fiat currency is Bitcoin competitor I can say Bitcoin had already lost its battle. But in terms of cryptocurrency, Bitcoin being the first mover has almost no competitor at all. Almost those that wanted to overthrow Bitcoin as leading cryptocurrency failed the moment they intend to do so.
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. But if you consider the real currency as a competitor bitcoin, then I think that this is wrong.
Among all the cryptocurrencies , bitcoins price is high . It doesnt mean that bitcoin has no competition. Bitcoin is more popular and familiar to common people because it is the first of its kind and people started to buy bitcoins. Because of that it price increases day by day and it always appears in the headlines of all news portal. All other coins are not so popular. Thats why people prefer bitcoin than other altcoins. Now altcoins also started to get popular. In the near future they can also become a good competitor to bitcoin.
Bitcoin just got the highest price thats why many people use it. But thay also use other cryptocurrency because they also want to earn bitcoin, if you know what I mean.
They mine other altcoins because it is easy to mine than bitcoin. Bitcoin is really hard now to mine, thats why we just mine altcoin and trade it to bitcoin.
Yes bitcoin attract more because of the price rise especially before the ETF decision by SEC. But is has competition on the alt-coins market, like Etherum who is gaining a good volume of transactions lately and even got it ATH as well. But I think bitcoin price will continue to rise up so even If there's competition, bitcoin will just leave them behind in my opinion.
If they are so strong, why are they so cheap?
They are strong, but they don't have more publicity like Bitcoin that is why it's cheaper than Bitcoin. But in future, any one of then may give competition to Bitcoin. Why Bitcoin is more popular means all online gambling site are promoting this currency and many people are invested on Bitcoin that is why the Bitcoin price is so high.
Among all the cryptocurrencies , bitcoins price is high . It doesnt mean that bitcoin has no competition. Bitcoin is more popular and familiar to common people because it is the first of its kind and people started to buy bitcoins. Because of that it price increases day by day and it always appears in the headlines of all news portal. All other coins are not so popular. Thats why people prefer bitcoin than other altcoins. Now altcoins also started to get popular. In the near future they can also become a good competitor to bitcoin.
Bitcoin just got the highest price thats why many people use it. But thay also use other cryptocurrency because they also want to earn bitcoin, if you know what I mean.
They mine other altcoins because it is easy to mine than bitcoin. Bitcoin is really hard now to mine, thats why we just mine altcoin and trade it to bitcoin.
Yes bitcoin attract more because of the price rise especially before the ETF decision by SEC. But is has competition on the alt-coins market, like Etherum who is gaining a good volume of transactions lately and even got it ATH as well. But I think bitcoin price will continue to rise up so even If there's competition, bitcoin will just leave them behind in my opinion.
If they are so strong, why are they so cheap?
I don't deny that some of altcoins may be more handy or just better in a certain field of application, for example, Litecoin transactions are inexpensive and pretty fast. But if we are to honestly face the facts and skip bullshit, Bitcoin is by far the most popular coin among cryptocurrencies. As to me, that's the main measure of coin success. In other words, the features that make any other specific currency better and stronger than Bitcoin (according to you) are still not enough to make them more popular than Bitcoin
I remember that March 13 2017 ETF call out... even they refuse to sign it, the bitcoin has tons of support.
Bitcoins would not fail us.
Bitcoins would not fail us.
Among all the cryptocurrencies , bitcoins price is high . It doesnt mean that bitcoin has no competition. Bitcoin is more popular and familiar to common people because it is the first of its kind and people started to buy bitcoins. Because of that it price increases day by day and it always appears in the headlines of all news portal. All other coins are not so popular. Thats why people prefer bitcoin than other altcoins. Now altcoins also started to get popular. In the near future they can also become a good competitor to bitcoin.
Bitcoin just got the highest price thats why many people use it. But thay also use other cryptocurrency because they also want to earn bitcoin, if you know what I mean.
They mine other altcoins because it is easy to mine than bitcoin. Bitcoin is really hard now to mine, thats why we just mine altcoin and trade it to bitcoin.
Yes bitcoin attract more because of the price rise especially before the ETF decision by SEC. But is has competition on the alt-coins market, like Etherum who is gaining a good volume of transactions lately and even got it ATH as well. But I think bitcoin price will continue to rise up so even If there's competition, bitcoin will just leave them behind in my opinion.
Strong in what way? Because if you meant about strong support in the supply and demand, it's obvious that bitcoin is on top of any other coins. Maybe other coins are much more effective than bitcoin when it comes to transaction time but it's still not enough reason for bitcoin users to switch to another coin.
That's another problem. Personally, I've never used those coins, let alone use them everyday. People will never realize how useful some altcoins are because most of us think, and it's actually the case, that altcoins are just there so that we can trade something and earn money from it.
Among all the cryptocurrencies , bitcoins price is high . It doesnt mean that bitcoin has no competition. Bitcoin is more popular and familiar to common people because it is the first of its kind and people started to buy bitcoins. Because of that it price increases day by day and it always appears in the headlines of all news portal. All other coins are not so popular. Thats why people prefer bitcoin than other altcoins. Now altcoins also started to get popular. In the near future they can also become a good competitor to bitcoin.
Bitcoin just got the highest price thats why many people use it. But thay also use other cryptocurrency because they also want to earn bitcoin, if you know what I mean.
They mine other altcoins because it is easy to mine than bitcoin. Bitcoin is really hard now to mine, thats why we just mine altcoin and trade it to bitcoin.
Yes bitcoin attract more because of the price rise especially before the ETF decision by SEC. But is has competition on the alt-coins market, like Etherum who is gaining a good volume of transactions lately and even got it ATH as well. But I think bitcoin price will continue to rise up so even If there's competition, bitcoin will just leave them behind in my opinion.
Among all the cryptocurrencies , bitcoins price is high . It doesnt mean that bitcoin has no competition. Bitcoin is more popular and familiar to common people because it is the first of its kind and people started to buy bitcoins. Because of that it price increases day by day and it always appears in the headlines of all news portal. All other coins are not so popular. Thats why people prefer bitcoin than other altcoins. Now altcoins also started to get popular. In the near future they can also become a good competitor to bitcoin.
Bitcoin just got the highest price thats why many people use it. But thay also use other cryptocurrency because they also want to earn bitcoin, if you know what I mean.
They mine other altcoins because it is easy to mine than bitcoin. Bitcoin is really hard now to mine, thats why we just mine altcoin and trade it to bitcoin.
Yes bitcoin attract more because of the price rise especially before the ETF decision by SEC. But is has competition on the alt-coins market, like Etherum who is gaining a good volume of transactions lately and even got it ATH as well. But I think bitcoin price will continue to rise up so even If there's competition, bitcoin will just leave them behind in my opinion.
Among all the cryptocurrencies , bitcoins price is high . It doesnt mean that bitcoin has no competition. Bitcoin is more popular and familiar to common people because it is the first of its kind and people started to buy bitcoins. Because of that it price increases day by day and it always appears in the headlines of all news portal. All other coins are not so popular. Thats why people prefer bitcoin than other altcoins. Now altcoins also started to get popular. In the near future they can also become a good competitor to bitcoin.
Bitcoin just got the highest price thats why many people use it. But thay also use other cryptocurrency because they also want to earn bitcoin, if you know what I mean.
They mine other altcoins because it is easy to mine than bitcoin. Bitcoin is really hard now to mine, thats why we just mine altcoin and trade it to bitcoin.
Yes bitcoin attract more because of the price rise especially before the ETF decision by SEC. But is has competition on the alt-coins market, like Etherum who is gaining a good volume of transactions lately and even got it ATH as well. But I think bitcoin price will continue to rise up so even If there's competition, bitcoin will just leave them behind in my opinion.
Among all the cryptocurrencies , bitcoins price is high . It doesnt mean that bitcoin has no competition. Bitcoin is more popular and familiar to common people because it is the first of its kind and people started to buy bitcoins. Because of that it price increases day by day and it always appears in the headlines of all news portal. All other coins are not so popular. Thats why people prefer bitcoin than other altcoins. Now altcoins also started to get popular. In the near future they can also become a good competitor to bitcoin.
Bitcoin just got the highest price thats why many people use it. But thay also use other cryptocurrency because they also want to earn bitcoin, if you know what I mean.
They mine other altcoins because it is easy to mine than bitcoin. Bitcoin is really hard now to mine, thats why we just mine altcoin and trade it to bitcoin.
it may take some time but there will be, either Eth or DASH will soon rise you to compete BTC with almost same price. the crypto market has been exposed to people who are looking for investment through the help of SEC and now they are gathering as much as they can. prices will soon rise.
I don't think so this will happen in next 5 years, Dash has tedency to increase their price but to compete bitcoin it take a long time. Replacement of bitcoin is possible but not as easy as you think, bitcoin will give tough time to one who wants to replace bitcoin.
The trend seems to be people hyping up some coin and then everyone starts buying it, then something happens and people start running back to Bitcoin. How much of this is manipulation of the
markets, will probably never be known. Bitcoin is to Crypto currency, like Gold is for other commodities... a safe heaven against the storm.
...The Mommy to run to, when you get hurt. 
... The
Mother of All Crypto currencies.
markets, will probably never be known. Bitcoin is to Crypto currency, like Gold is for other commodities... a safe heaven against the storm.
...The Mommy to run to, when you get hurt. ... The Mother of All Crypto currencies.
Thats a great analogy my friend
it may take some time but there will be, either Eth or DASH will soon rise you to compete BTC with almost same price. the crypto market has been exposed to people who are looking for investment through the help of SEC and now they are gathering as much as they can. prices will soon rise.
I don't think so this will happen in next 5 years, Dash has tedency to increase their price but to compete bitcoin it take a long time. Replacement of bitcoin is possible but not as easy as you think, bitcoin will give tough time to one who wants to replace bitcoin.
it may take some time but there will be, either Eth or DASH will soon rise you to compete BTC with almost same price. the crypto market has been exposed to people who are looking for investment through the help of SEC and now they are gathering as much as they can. prices will soon rise.
I don't think so this will happen in next 5 years, Dash has tedency to increase their price but to compete bitcoin it take a long time. Replacement of bitcoin is possible but not as easy as you think, bitcoin will give tough time to one who wants to replace bitcoin.
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