Its a completely natural series of events, with more and more altcoins coming to market bitcoins market share will decrease more and more. Plus with the high transaction fee's on bitcoin and occasionally slow transaction times newer, faster and more effective coins are beginning to take its place. However segwit could well change of this.
Ethereum should not be compared to Bitcoin, it offers its clients a completely different service of being able to create smart contracts in a decentralised manor.
Topic: Bitcoin is declining as top crypto currency. Why? - page 4. (Read 4799 times)
Why do you guys think Bitcoin is declining in popularity? Looks like Ethereum will pass it. What can Bitcoin do to maintain number 1?
Sure, price is 2500$, more and more users are using it, why do you think bitcoin is not so popular anymore? I think you are very wrong, it might have some troubles but things will settle, too much money has been invested in it. I don't think bitcoin has to do anything, it's number one crypto.
Why do you even think ethereum is passing Bitcoin? Just because some alternatives are pumping and Bitcoin is having a hard time, doesn't mean that any alternative will surpass Bitcoin. The altcoins will dump and Bitcoin will get things settled. Bitcoin will always be #1 no matter how much do other coins pump.
Bitcoin is not declining as the top crypto. The issue is that there is more ETH and when the prices goes up by a few percent it makes a larger jump than BTC does.
If XRP(Ripple) goes up by a lot right now it could easily be worth more. It is mainly due to speculation on most coins. XRP/ETH/BTC though are more real world use value. More countries getting into it and making it legal, more banks getting into it. ETC.
Also, it doesn't exactly matter if BTC goes down in price overall, it still functions. You should be using BTC for the function and now to gain money.
If XRP(Ripple) goes up by a lot right now it could easily be worth more. It is mainly due to speculation on most coins. XRP/ETH/BTC though are more real world use value. More countries getting into it and making it legal, more banks getting into it. ETC.
Also, it doesn't exactly matter if BTC goes down in price overall, it still functions. You should be using BTC for the function and now to gain money.
Yes I am also seeing ether growth from last 3 months what makes difference ether and bitcoin ether having owner anc bitcoin is open source . So owner promote his product verh well
And why do you think bitcoin is being surpassed be Eth, could you please elaborate in more detail?
the highest volume is on zero fee exchanges. that always sends volume through the roof.
eth has an identifiable leader who hustles hard. that makes people feel comfortable. it has marketing and corporate backing. it has lots of projects on the go. it has impressive long words.
if you were a total noob would you look at bitcoin with all its problems, divisions and stagnation or shiny ethereum?
ethereum's problems will eventually bite it hard. right now it's in the mood to shine.
Ethereum really is in the mood to shine and Bitcoin had been there in its early stages and now that it has encountered some series of issues that is mainly because of the congestion in the blockchain but it is early to say that Eth would surpass Bitcoin. Better wait with the SegWit and the adaptation of Australia around the corner will surely boost its popularity and again Bitcoin would shine and a lot brighter than it was.
Eth is on its early stages that's why it can't relate itself with problem that Bitcoin is facing which is because of the increase in demand but surely Bitcoin will resolve all of this and continue to improve itself because it has a lot of rooms to improve on!
Other altcoins may have greater benefits than bitcoin. Bitcoin was the first cryptocurrency, and it's not flawless. I think the main reason today is due to the large fees. Maybe because how you can trace any transaction as well. Bitcoin is actually getting old, believe it or not. The blockchain is getting stupidly big too.
Correct bitcoin has two main advantages over any other altcoin, is the first coin of its type and the popularity, bitcoin is not perfect it has its own shares of problems but the issue is that those problems are not getting resolved, while in other coins those problems are getting solved and are able to move forward, bitcoin at the moment seems to be paralyzed due to political and internal conflicts. 
Who cares if ethereum passes bitcoins? It's all FOMO on a buggy shitcoin. Omg guys I have 600billion ripple! They're worth $14USD now! Lolol. Oh damn, they just made 400quadrillion more. Damn. Mine are worthless now.
Bitcoin is also in local businesses as a payment method.
What do You call "local business"?
Well like private local grocery stores, I'm using "local businesses" in that sense.
How come? Price has gone up to 2300$, Japan and Australia accepting bitcoin, every day more and more businesses are accepting bitcoin as a payment. Ethereum MAY surpass bitcoin in some specific sections but all together? No way.
Other altcoins may have greater benefits than bitcoin. Bitcoin was the first cryptocurrency, and it's not flawless. I think the main reason today is due to the large fees. Maybe because how you can trace any transaction as well. Bitcoin is actually getting old, believe it or not. The blockchain is getting stupidly big too.
Bitcoin is also in local businesses as a payment method.
What do You call "local business"?
I never believe that bitcoin is declining in its popularity. People understand it in the wrong manner, just because of the ethereum gaining a value increase one cannot say that bitcoin has got its popularity declined. We can say that ethereum is growing potentially and giving hard competence. Look at the ongoing scenario more than ethereum, bitcoin seems to surpass values.
From where i see it bitcoin is doing great it has good market price which is $2477 as of now. Explain it to me how would a buggy and centralized altcoin could surpass bitcoin.
Bitcoin has been adopted in many countries and has been legalize in japan
Bitcoin has the most number of merchants and services using it as a payment processor.
Bitcoin is one of the widely used as a payment processor in the world wide web
Bitcoin is also in local businesses as a payment method.
Look at the different aspects of bitcoin then you'll understand that bitcoin will always be number 1.
Bitcoin has been adopted in many countries and has been legalize in japan
Bitcoin has the most number of merchants and services using it as a payment processor.
Bitcoin is one of the widely used as a payment processor in the world wide web
Bitcoin is also in local businesses as a payment method.
Look at the different aspects of bitcoin then you'll understand that bitcoin will always be number 1.
In my opinion, why bitcoin declining as top cryto currency due to unexpected increasing of other cryptocurrencies of altcoins in the market. It means if the bitcoin raising up altcoins price were going down or sometimes breakeven. However, vise versa if the crytocurrencies or altcoins price were striking raising up the price of bitcoin were going down.
In my own understanding on why bitcoin is declining because I think its due to the alt coin competitors like Ethereum. Etherem is now second on the list but bitcoin still on the top because bitcoin is fully established cryptocurrency.
I am sure that ETH will rise in value because it is becoming like a trusted and usable cryptocurrency platform and I invest a little of its growth BUT I don't think it will soon surpass that of Bitcoin. Well, only time can tell if that can really happen.
For now, it is Bitcoin that is the raging King of Crypto and if soon the scaling debate can be solved for good then its value can be back to the right track and be astronomical again.
Again, only time can tell if one day Bitcoin can fall from its number one position because the number is still way behind though honestly it has that potential in itself worth exploring.
For now, it is Bitcoin that is the raging King of Crypto and if soon the scaling debate can be solved for good then its value can be back to the right track and be astronomical again.
Again, only time can tell if one day Bitcoin can fall from its number one position because the number is still way behind though honestly it has that potential in itself worth exploring.
There is not a solitary shot of happening this. On the off chance that you finishing up this from current situation of bitcoin them disregard your announcement. It is simply pump and dump that dependably continue occurring with bitcoin due to more property and in some cases offering of it. It dislike that bitcoin is declining as digital money it simply one more piece of bitcoin process or how it functions.
Why do you guys think Bitcoin is declining in popularity? Looks like Ethereum will pass it. What can Bitcoin do to maintain number 1?
No doubt that Bitcoin is still the king in this race but you can think yourself that ETH is in the starting and growing like the Bitcoin and hopefully it is going good according to the interest of the bitcoiners .So here it is looking that eth is more fast to grow than Bitcoin , so here I would like to suggest everyone that don't compare the Bitcoin and eth with each other because Bitcoin is king at his own place and ETH is king at his own place , don't try to judge .
If you will talk about the technology power then I will say that ETH is more better than Bitcoin .
There are just two answers in your 1 question.First is all because of larger fees wallets and networks issues to "make transactions faster" which didnt happen and second is the super delays in transactions
Main factor is price. Same as for pink sheets people buy them because they cannot afford IBM's, Apple's, Kodak, etc or they are hoping to "get rich quick". The higher the BTC price goes the more people get pushed out while the bigger investor replaces them. 
I think this is part of bitcoin that will indeed decrease, but the decrease is fluctuate, because sometimes bitcoin price will also increase significantly.
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