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Topic: Bitcoin has no competition - page 94. (Read 43199 times)

hero member
Activity: 1414
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Backed.Finance
October 15, 2016, 09:51:25 PM
There are many cryptocurrencies out there like bitcoin but I don't think that you can call it competition cause it's obviously clear that bitcoin is standing out among them. And many altcoins depends/based in bitcoin that's why bitcoin is like the Father among them  Grin

Yes indeed, that Bitcoin is the Father of all bitcoin. Most altcoins are forked from bitcoin.Though there are developers who develop a  different platform now, but it is the bitcoin that gives all the idea.
hero member
Activity: 798
Merit: 505
October 15, 2016, 09:45:13 PM
There are many cryptocurrencies out there like bitcoin but I don't think that you can call it competition cause it's obviously clear that bitcoin is standing out among them. And many altcoins depends/based in bitcoin that's why bitcoin is like the Father among them  Grin
For now Bitcoin is the king, but for how long. All we are seeing now is how we as a community are fractured about every upgrade/change.
Don't you think in this circumstances evolution is kinda limited? Don't get me wrong - I am all way BTC supporter. But how long till ETH or some other alt will catch on?
I think ETH or other altcoin never replace bitcoin. Although ETH is going up it popularity now, but eth still an altcoin. We all now that all of altcoin will be dissapear. But altcoin is good for trade activity. I agree that bitcoin is like father among them, I do not think that other altcoin can survive without bitcoin, becouse the reason of everyone buy bitcoin is they want to get profit in bitcoin.
Basically every other altcoin has never had a decent community spring up around it and be decent in some form, and this means that there is no competitor for Bitcoin because no-one wants to support a competitor in any capacity right now. If there is a crypto that has a large community following, then it could eventually become a competitor.

Well i agree there is/are no one altcoin that could compete bitcoin right now because of the characteristics and the high price of bitcoin no one altcoin can compete it but we dont know in the future the there is one altcoin that can surpass bitcoin interms of price but we dont know yet.
legendary
Activity: 1218
Merit: 1007
October 15, 2016, 09:31:47 PM
There are many cryptocurrencies out there like bitcoin but I don't think that you can call it competition cause it's obviously clear that bitcoin is standing out among them. And many altcoins depends/based in bitcoin that's why bitcoin is like the Father among them  Grin
For now Bitcoin is the king, but for how long. All we are seeing now is how we as a community are fractured about every upgrade/change.
Don't you think in this circumstances evolution is kinda limited? Don't get me wrong - I am all way BTC supporter. But how long till ETH or some other alt will catch on?
I think ETH or other altcoin never replace bitcoin. Although ETH is going up it popularity now, but eth still an altcoin. We all now that all of altcoin will be dissapear. But altcoin is good for trade activity. I agree that bitcoin is like father among them, I do not think that other altcoin can survive without bitcoin, becouse the reason of everyone buy bitcoin is they want to get profit in bitcoin.
Basically every other altcoin has never had a decent community spring up around it and be decent in some form, and this means that there is no competitor for Bitcoin because no-one wants to support a competitor in any capacity right now. If there is a crypto that has a large community following, then it could eventually become a competitor.
hero member
Activity: 924
Merit: 505
October 15, 2016, 09:06:32 PM
I can not say that bitcoin have no compitition because theres many cryptocurrency now that release and have potential to become like a bitcoin. So i think bitcoin have many competitors in the near future. But bitcoin is there to support many people.
hero member
Activity: 574
Merit: 500
Any store can buy, sell, and accept Crypto
October 15, 2016, 08:10:09 PM
There are many cryptocurrencies out there like bitcoin but I don't think that you can call it competition cause it's obviously clear that bitcoin is standing out among them. And many altcoins depends/based in bitcoin that's why bitcoin is like the Father among them  Grin
For now Bitcoin is the king, but for how long. All we are seeing now is how we as a community are fractured about every upgrade/change.
Don't you think in this circumstances evolution is kinda limited? Don't get me wrong - I am all way BTC supporter. But how long till ETH or some other alt will catch on?
I think ETH or other altcoin never replace bitcoin. Although ETH is going up it popularity now, but eth still an altcoin. We all now that all of altcoin will be dissapear. But altcoin is good for trade activity. I agree that bitcoin is like father among them, I do not think that other altcoin can survive without bitcoin, becouse the reason of everyone buy bitcoin is they want to get profit in bitcoin.
legendary
Activity: 1624
Merit: 1130
Bitcoin FTW!
October 15, 2016, 07:40:59 PM
At least in the near future, there won't be much competition for Bitcoin; it's the father of cryptocurrencies and nobody really wants to abandon it for any other currency. It's got huge volume, a large userbase, and unless something bad happens to it nothing will happen.
legendary
Activity: 1596
Merit: 1005
★Nitrogensports.eu★
October 15, 2016, 07:31:06 PM
There are many cryptocurrencies out there like bitcoin but I don't think that you can call it competition cause it's obviously clear that bitcoin is standing out among them. And many altcoins depends/based in bitcoin that's why bitcoin is like the Father among them  Grin
For now Bitcoin is the king, but for how long. All we are seeing now is how we as a community are fractured about every upgrade/change.
Don't you think in this circumstances evolution is kinda limited? Don't get me wrong - I am all way BTC supporter. But how long till ETH or some other alt will catch on?
sr. member
Activity: 406
Merit: 250
Wolf
October 15, 2016, 07:24:41 PM
There are many cryptocurrencies out there like bitcoin but I don't think that you can call it competition cause it's obviously clear that bitcoin is standing out among them. And many altcoins depends/based in bitcoin that's why bitcoin is like the Father among them  Grin
hero member
Activity: 854
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JAYCE DESIGNS - http://bit.ly/1tmgIwK
October 15, 2016, 11:21:25 AM
I agree completely, Bitcoin has no serious competitor.


Ripple is bank coin.

ETH is a scam.

ETC is a hacker coin.

DASH is flawed.

LTC is a copycat.

DOGE is a joke.

and the others dont even hit the treshold of significance.
newbie
Activity: 39
Merit: 0
October 15, 2016, 11:17:30 AM
Unless you totally dodged any tech and business news in the second 50% of 2013, you've caught wind of bitcoin, the advanced cash that soar in esteem and standard awareness. The cryptocurrency is presently exchanging at an estimation of $930, and more organizations around the globe are tolerating bitcoins.

What numerous individuals don't know is that bitcoin is only one of many cryptocurrencies on the Internet. BitInfoCharts demonstrates a one next to the other examination of the monetary forms to show what they are worth, what number of exchanges happen every day, and that they are so hard to make.

So setting aside bitcoins until further notice, which are by a wide margin the most surely understood and significant, here is the thing that you have to think about probably the most well known bitcoin contenders.
legendary
Activity: 3178
Merit: 1054
October 15, 2016, 10:31:57 AM
Of course bitcoin does not have an serious competition, every year there is a new coin which people think they can take out BTC, it started from LTC to doge and to ripples to ETH and Monero now, I think bitcoin is still and has the potential to be the most valuable and usable cryptocurrency.

To compete yes. But to take over no. To me those coins are more like copies of bitcoin trying to mimic it for a personal gain. Although you cannot see it with the said coins now it will someday. Just like the other altcoins who come and go in just days

as for now but wait awhile. Most of the great tokens are made on ETH platform. so if you are to invest money on cryptoccurrency you should be buying ETH for one day it will take over bitcoin. so the reason why they attack it every now and then.
legendary
Activity: 3318
Merit: 1133
Leading Crypto Sports Betting & Casino Platform
October 15, 2016, 10:13:03 AM
Of course bitcoin does not have an serious competition, every year there is a new coin which people think they can take out BTC, it started from LTC to doge and to ripples to ETH and Monero now, I think bitcoin is still and has the potential to be the most valuable and usable cryptocurrency.

To compete yes. But to take over no. To me those coins are more like copies of bitcoin trying to mimic it for a personal gain. Although you cannot see it with the said coins now it will someday. Just like the other altcoins who come and go in just days
hero member
Activity: 854
Merit: 500
October 15, 2016, 09:58:05 AM
Bitcoin will always remain as top crypto for rest of the time for sure as most of the altcoin are traded under bitcoin market making bitcoin as dominant currency to get altcoin. So investing in altcoin simply mean you first need to have bitcoin or buy bitcoin and than only altcoin. Which will increase marketcap of bitcoin along with any other altcoin's marketcap.
full member
Activity: 168
Merit: 100
October 15, 2016, 09:53:52 AM
Yes i agree with you. I think altcoin just the way to double my bitcoin. My primary coin only btc and i just care about this coin until btc die Cheesy
member
Activity: 96
Merit: 10
October 15, 2016, 09:44:57 AM
Of course bitcoin does not have an serious competition, every year there is a new coin which people think they can take out BTC, it started from LTC to doge and to ripples to ETH and Monero now, I think bitcoin is still and has the potential to be the most valuable and usable cryptocurrency.
legendary
Activity: 3514
Merit: 1280
English ⬄ Russian Translation Services
October 15, 2016, 09:02:52 AM
bitcoin is like a mother of crypto currency and i think there is no competition for bitcoin itself because all of altcoins is depend with bitcoin price so whatever happen with bitcoin, altcoins will be follow. its hard to not follow bitcoin as bitcoin itself will be the center of the price of altcoins.

Yes and I don't think that bitcoin will face any competition in future too, as its hard to find any coin that will having more features then bitcoin so I think bitcoin will rule the  crypto world for a long time.
Yeah You right bitcoin has no competition. but Bitcoin still havw a problem. the Problem is the most of people in the world did Not know about bitcoin yet. but it is only need to wait a few years for the most of people in the world know about bitcoin. Bitcoin dissemination is running good.

I don't think this is a real problem. What would have changed if all people around the world have learned about Bitcoin one day? If they don't have spare money and barely make ends meet, it would be irrelevant. On the other hand, people who are concerned about preserving their money's purchasing power as well as increasing it if possible are well aware about Bitcoin and its potential...

Figuratively speaking, the problem cannot be part of the solution
legendary
Activity: 2114
Merit: 1023
Oikos.cash | Decentralized Finance on Tron
October 15, 2016, 08:50:41 AM
I always believe Bitcoin will be the main digital currency in the short term but I think there will also be other rising stars in the mix of the plethora of altcoins out there as more and more people like to play around with digital currencies so we are in exciting times.
hero member
Activity: 728
Merit: 500
October 15, 2016, 08:13:37 AM
I don't have idea how the things will unfold in future regarding digital currencies but at this moment Bitcoin has shown more than many times that it is only king and there is nothing what can compete with it. There have been working and developed many blockchain based things if blockchain will be used fully thing may differ a bit. Bitcoin will keep being central currency in my opinion in near future too.
sr. member
Activity: 364
Merit: 254
CryptoTalk.Org - Get Paid for every Post!
October 15, 2016, 07:47:05 AM
I think bitcoin will stand the test of time. However, because it is so expensive now and will keep getting more expensive, I think we will need to have some altcoins to go along with it that are cheaper. Like gold and silver and other metals. Not everyone can afford 24 carat gold.
legendary
Activity: 1382
Merit: 1122
October 15, 2016, 07:41:39 AM
There are a few other currencies that are different in a few ways. Mainly eth and xmr. All other coins are just a light version of bitcoin or the same exact thing. Bitcoin does have competition but it's not overtaking bitcoin at all.
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