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Topic: Bitcoin is declining as top crypto currency. Why? - page 2. (Read 4799 times)

hero member
Activity: 1246
Merit: 588
Even if we say that eth is popular. It still needs the support of the root currency which btc. Umlike btc who doesn't actually needs eth to stay alive now that is the difference
sr. member
Activity: 840
Merit: 254
If bitcoin fall,so is the other coin,dev is looking for some solution to problem that occur now
We will see some changes in august and later,so just wait and see what will happen
I don’t think it is going to be that automatic, I think the other altcoins may go up simply because some people will like to get out of bitcoin without going to fiat and for that they will need altcoins,m so to me there is a chance ETH will go even higher before it begins to go down in price.
sr. member
Activity: 420
Merit: 250
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If you are talking about the popularity declining due to the decreasing price of bitcoin then you have a misconception. Bitcoin is still the most popular cryptocurrency of all, the ups and downs of BTC price is not a new thing here. I am sure that the price will soon going to increase rapidly as the demand will shoot up high.

That's exactly what I thought, its popularity cannot and should not be measured by the decline in value, in actual terms maybe the number of people that dumped are going to be led than those who will buy them again and so contrary to the earlier belief the popularity will be on the rise.

I agree, or most probably those people who think the decreasing of value of bitcoin is declining are those who haven't seen the ups and downs of bitcoin a few years back. And yes if by popularity I think bitcoin is still most popular than those of other alternate coins now that have skyrocketed its value.
sr. member
Activity: 686
Merit: 253
If you are talking about the popularity declining due to the decreasing price of bitcoin then you have a misconception. Bitcoin is still the most popular cryptocurrency of all, the ups and downs of BTC price is not a new thing here. I am sure that the price will soon going to increase rapidly as the demand will shoot up high.

That's exactly what I thought, its popularity cannot and should not be measured by the decline in value, in actual terms maybe the number of people that dumped are going to be led than those who will buy them again and so contrary to the earlier belief the popularity will be on the rise.
legendary
Activity: 1442
Merit: 1008
If you are talking about the popularity declining due to the decreasing price of bitcoin then you have a misconception. Bitcoin is still the most popular cryptocurrency of all, the ups and downs of BTC price is not a new thing here. I am sure that the price will soon going to increase rapidly as the demand will shoot up high.
no , with this kind news popping up / come up to the surface it could be strategy to spread the rumour and push the ethereum existence feel like more than bitcoin but actually it 's not. bitcoin still leading in the crypto-currency market both value and popularity . the confirmation and fee problem need to be solved soon otherwise something unexpected could happened to bitcoin itself.
copper member
Activity: 1050
Merit: 294
If you are talking about the popularity declining due to the decreasing price of bitcoin then you have a misconception. Bitcoin is still the most popular cryptocurrency of all, the ups and downs of BTC price is not a new thing here. I am sure that the price will soon going to increase rapidly as the demand will shoot up high.
sr. member
Activity: 546
Merit: 261
If bitcoin fall,so is the other coin,dev is looking for some solution to problem that occur now
We will see some changes in august and later,so just wait and see what will happen
newbie
Activity: 88
Merit: 0
I think it's more about othe cryptos making big rises in both price and use rather than bitcoin being bad, it is still number one and will continue being that for years, but ETH has done what LTC couldn't do in years of taking a section of users and making them a stable base with no buying/selling like regular cryptocurrencies.
legendary
Activity: 3542
Merit: 1352
Utility and fundamentals is really low. People don't just believe that bitcoin can still be the one seeing that development cannot continue due to different ideologies and interests. Also, there aren't much shops to use bitcoin with, meaning economy is being stagnant. The only good thing about bitcoin right now is its bullish nature for trading. That's a plus for traders but not regular folks.
sr. member
Activity: 504
Merit: 252
I think it's not yet happening. Bitcoin is apparently still on top and remains to be the leader of the flock.

Bitcoin is synonymous to cryptocurrency being the first of this kind of technology. It would be a little hard to replace bitcoin.

While etherium is clearly climbing the ladder, the throne is still occupied by bitcoin.

The good thing about the relatively new cryptocurrencies is that they have already added features that bitcoin lacks. They tend to develop more on the aspects where bitcoin seems to be weak.
full member
Activity: 165
Merit: 100
Is it possible that bitcoin will soon fix the system in its dome so there is no doubt as a crypto currency.
full member
Activity: 152
Merit: 100
Whether bitcoin has lost number one in good terms, is there a coin that can not be traced as this initial solution.
sr. member
Activity: 490
Merit: 252
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Since the transactions are traceable crime is harder to commit.

No, since under BTC is this situation, the electronic money users chose the other carrier.
sr. member
Activity: 378
Merit: 250
BTC is pseudo anonymous, there are other coins as solution for not be traceable.
But pseudo-anonymous also has its benefits. Since the transactions are traceable crime is harder to commit. This means that Bitcoin is more secure in terms of crime prevention.
sr. member
Activity: 378
Merit: 250
The main reason is the large transaction fees and high confirmation times. Another reason is the hard fork that occurs on August 1. This is a deterrent to the members in the Bitcoin community. This is why people are moving to different cryptocurrencies. Thus Bitcoin loses its mark as the top cryptocurrency.
sr. member
Activity: 840
Merit: 254
And why do you think bitcoin is being surpassed be Eth, could you please elaborate in more detail? In twenty four hours ethereum trading volumes passed bitcoin trading according to data from CoinMarketCap on tuesday. But I don't think that is sufficient "proof" that bitcoin is less popular all of a sudden. If Eth sustains higher trading volumes over a longer period, then maybe we can say Eth is provably more popular than bitcoin.  It is nowhere near it for now.
The reason many are thinking this is because the market cap of Ethereum has gone very high in the last months and that is why some think that it may end up surpassing bitcoin in that metric, I think it will be difficult for ETH to achieve this alone, a decrease in the price of bitcoin is needed as well.
legendary
Activity: 3052
Merit: 1281
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I dont think any crypto will take place of Bitcoin .

Bitcoin is more popular than any other crypto as of now , if someone talks about crypto the first thing comes to our mind is bitcoin only .

People might be shifting to Other crypto these days because of Bitcoin high fees for transactions . But when things will be normal people will again shift To use Bitcoin .



I think people are  not shifting to other cryptocurrency.  They are only riding the wave of the other currency bubble  to book  a profit.  Then after the hype died down and bubble burst, they will come back to Bitcoin since bitcoin have more usage than any other cryptocurrency that ever been created.
full member
Activity: 210
Merit: 100
I dont think any crypto will take place of Bitcoin .

Bitcoin is more popular than any other crypto as of now , if someone talks about crypto the first thing comes to our mind is bitcoin only .

People might be shifting to Other crypto these days because of Bitcoin high fees for transactions . But when things will be normal people will again shift To use Bitcoin .

full member
Activity: 448
Merit: 109
I think, bitcoins was the first good crypto, it allowed us to build better cryptos.
Now the bitcoin is a bit aging, some other crypto's have much lower fees, a more secure, more anonymous, faster system.
Personally I see the Ethereum pass first and stay a few years because it solves a lot of problems while offering an improved system.

ETH still have some bugs. ETH is not more anonymous than bitcoin, yes they have lower fees and faster blocks I agree to that. ETH is a bit centralized so bitcoin wins if we talk about decentralization about the whole network. On the other hand there are pretty cool stuff that can be done on ETH network like ICOs and smartcontracts.

I agree with you new coins come and they offer something a bit advanced but this should raise a competition spirit between bitcoin devs and other alts devs. If they want to stay on the top. Alts are good thing in that sense as everyone is trying to build something new and everybody else can copy that code and to implement some features into their own coin.
newbie
Activity: 9
Merit: 0
I think, bitcoins was the first good crypto, it allowed us to build better cryptos.
Now the bitcoin is a bit aging, some other crypto's have much lower fees, a more secure, more anonymous, faster system.
Personally I see the Ethereum pass first and stay a few years because it solves a lot of problems while offering an improved system.
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