Bitcoin may not be number one for long - page 51.

Blitzboy

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Quote from: CheapVccSeller on July 23, 2017, 03:42:56 AM

Bitcoin will always be on top because it's the main trading pair Wink

Trading is not the main reason why bitcoin on the number one. There are many businesses using bitcoin as a type of payment such as steam, etc. Moreover, many companies are trying to add bitcoin into their payment system and because of that fact, the price of bitcoin and the number of people buying bitcoin keep raising every year. Bitcoin do not need the trading pair to raise its price on the marketcap. Only ethereum needs that

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Quote from: tinhyeumaunang on July 21, 2017, 12:14:10 AM

Quote from: thesavoyard on June 12, 2017, 03:46:14 AM

I thought for sure it would take until the end of 2018 but it looks like this summer ethereum might pass it up. With the turmoil around BTC potential splitting, it might be very soon. IMO this is healthy, we will always value bitcoin for being the one that started it all, but it's time for a more dynamic and adaptable currency to take the lead.

My previous thinking was similar to yours, but I don't think so now, bitcoin technology, blockchain has been recognized by many countries
As long as the blockchain does not disappear, bitcoin will always be first

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Bitcoin will always be on top because it's the main trading pair Wink

ethereumhunter

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Quote from: oegarod on July 23, 2017, 02:29:31 AM

I don't think bitcoin will be defeated or overcome by any other digital tokens that are available in the market. Bitcoin has got a better usability rather than the other assets that are given preference only for trading. Hope by the years to come things will change with the bitcoin and other altcoins, but bitcoin will stand high as the leader.

i am not agree too like you because bitcoin is the only way we can cash out from our crypto world into fiat and i think the other coin can't do this yet although i see there is many coin is offering the benefits like what bitcoin do. but we don't know what will happen in future but i am sure that bitcoin will be always a king for the other coin and there will be no other coin that can defeat bitcoin.

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I don't think bitcoin will be defeated or overcome by any other digital tokens that are available in the market. Bitcoin has got a better usability rather than the other assets that are given preference only for trading. Hope by the years to come things will change with the bitcoin and other altcoins, but bitcoin will stand high as the leader.

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Quote from: iamTom123 on July 23, 2017, 01:46:12 AM

Actually, there is no point comparing Bitcoin and Ethereum as they both have different uses and maybe even different markets.

Right now, the primary use for both these currencies is for investment purposes. They were destined as currencies, but right now they are mostly being used as investment assets. So a comparison can be made.

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Quote from: The_Dark_Knight on July 22, 2017, 10:53:25 PM

Quote from: cramcram21 on July 13, 2017, 10:54:29 AM

Quote from: thesavoyard on June 12, 2017, 03:46:14 AM

I thought for sure it would take until the end of 2018 but it looks like this summer ethereum might pass it up. With the turmoil around BTC potential splitting, it might be very soon. IMO this is healthy, we will always value bitcoin for being the one that started it all, but it's time for a more dynamic and adaptable currency to take the lead.

Yeah bitcoin could not be the number one forever but I think ethereum would not be the one to exchange it's place,
I think ethereum might not be the one to takes bitcoins place right now maybe in the future.

ETH is not going to replace bitcoin, in my opinion that is never going to happen, at the moment there is no coin that is even close to that and I’m not talking about the market cap, I’m talking about how many merchants accept bitcoin? How many people know of a cryptocurrency other than bitcoin?

Amid the many problems surrounding Bitcoin, there are many who are proclaiming that soon Bitcoin can fall off from its leadership position and can be replace by another cryptocurrency...possibly Ethereum. Nice prediction and there were those who believed the idea...UNTIL Ethereum crashed and its value plummeted for a while.

Now, we realized that Bitcoin, despite its myriad of challenges it is currently facing and can be facing in the future, remains to be the number 1 and the king of cryptocurrency all the rest are just altcoins. Actually, there is no point comparing Bitcoin and Ethereum as they both have different uses and maybe even different markets.

I do have Bitcoin and Ethereum as well and they are not having some sort of a verbal war in my wallet.

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Bitcoin will be number one many more years, there is chance for some new coin to take bitcoin place one day. But that one day will not happen any time soon. There is no coin with support and active community like bitcoin have, that reflects on price, and for some other coin to get to the point where bitcoin is now needs a lot of work and time, is there any coin that anyone here can suggest like a replacement for bitcoin? Some are not decentralized like bitcoin, some will have to many coins, bitcoin is popular and one and only for now and next 10 years, we will see for later, if some nre high-tech coin appear maybe I will change my mind.

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i'm usually wrong so don't read this:

my gut says that if another coin passes bitcoin, it won't be because of hype, it will be because of undeniable and unstoppable utility. a lot of coins have interesting/new features, and a number of coins are promising the world, and if they deliver, they have a shot..

a lot of altcoins seem to be trying to add doohickeys and trinkets to bitcoin's blockchain architecture (in order to hype), analogous to duct taping a microwave to the roof of a Porsche and claiming that's better Roll Eyes

if an altcoin really wants a shot it has to go for higher hanging fruit, it has to build a better engine so-to-speak: it needs to be scalable to billions of users, it must be fungible, it must be versatile (able to interact with another protocol layer which gives added functionality). maybe this is where bitcoin is going, maybe not, i dont know.

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I agree partially, with the increasing TX fee trader will find a way to reduce its fee or to use another crypto to avoid paying such high fees, some of the trading platform is now imposing a deposit fee of not lower than 1 USD example is the localbitcoins. but it will take a lot of years before it happens.

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Quote from: ReLieD on July 22, 2017, 11:19:13 PM

Quote from: thesavoyard on June 12, 2017, 03:46:14 AM

I thought for sure it would take until the end of 2018 but it looks like this summer ethereum might pass it up. With the turmoil around BTC potential splitting, it might be very soon. IMO this is healthy, we will always value bitcoin for being the one that started it all, but it's time for a more dynamic and adaptable currency to take the lead.

According to me you are absolutely wrong. I would like to ask you how many people actually use ethereum. Compared to Bitcoin very less. And no matter if the prices of Bitcoin falls people will still believe in Bitcoins as they know the prices will surely go up. And ETH is obviously not a good option when you have Bitcoins

Ethereum is having less than 1 million users, when compared to 10 million+ for Bitcoin. But the biggest negative for Ethereum is that till now it has not been able to attract any sort of interest form the institutional investors.

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Quote from: ReLieD on July 22, 2017, 11:19:13 PM

Quote from: thesavoyard on June 12, 2017, 03:46:14 AM

I thought for sure it would take until the end of 2018 but it looks like this summer ethereum might pass it up. With the turmoil around BTC potential splitting, it might be very soon. IMO this is healthy, we will always value bitcoin for being the one that started it all, but it's time for a more dynamic and adaptable currency to take the lead.

According to me you are absolutely wrong. I would like to ask you how many people actually use ethereum. Compared to Bitcoin very less. And no matter if the prices of Bitcoin falls people will still believe in Bitcoins as they know the prices will surely go up. And ETH is obviously not a good option when you have Bitcoins

ETH was just at $130, honestly how do you see it passing bitcoin in less then 2 months? . Unless you can add some facts to your post I'm just going to assuming you're trolling.

ReLieD

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Quote from: thesavoyard on June 12, 2017, 03:46:14 AM

I thought for sure it would take until the end of 2018 but it looks like this summer ethereum might pass it up. With the turmoil around BTC potential splitting, it might be very soon. IMO this is healthy, we will always value bitcoin for being the one that started it all, but it's time for a more dynamic and adaptable currency to take the lead.

According to me you are absolutely wrong. I would like to ask you how many people actually use ethereum. Compared to Bitcoin very less. And no matter if the prices of Bitcoin falls people will still believe in Bitcoins as they know the prices will surely go up. And ETH is obviously not a good option when you have Bitcoins

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Quote from: The_Dark_Knight on July 20, 2017, 08:48:23 PM

Quote from: calandra78 on July 13, 2017, 06:31:55 AM

Quote from: SHAWN-MIDWAYS on June 12, 2017, 05:40:53 AM

Competition is good for business but ethereum is far from dethroning bitcoin because the future does not guarantee its gain in value and eth network has not been fully tested and loaded to see how well it will hold up. If only btc transactions with low low fees could not be broadcast on the network am sure this scalability problem would not have happened.

I agree because in business competition is not forever be able to last a long time. many competitors that are aligned with one of etherium eg bitcoin. But if bitcoin can maintain quality or can guarantee its accuracy may bitcoin can survive. in this case we should be able to sort out which ones can be beneficial for its users then that is what will last a long time.

This is true in the world of business but it is not true in the world of currencies, most of the time the world has a reserve currency, a currency that is recognized by the whole world and most of the time that last for a long time, decades and even centuries.

We can't be sure if the bitcoin will last forever or it will replace by another coin to become the no.1 cryptocurrency. In this world there are many possibilities, we can't predict what coin will conquer the cryptocurrency world but I know bitcoin will replace by another coin in the future.

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Quote from: ryanben on July 20, 2017, 11:16:13 PM

BTC is having problems about splitting but besides that a certain platform of ETH was attacked a few days ago. All will be faced with technical problems at the moment and give the best solution for the future. The confrontation between BTC and ETH will never end when both pioneers in crytocurrency and the support from market

I'm in your direction for your opinion on both ether and bitcoin. We don't have to see one is dominating the whole market. These two are the crypto pioneers and their place will not be replaced by another one in the near future.

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Quote from: cramcram21 on July 13, 2017, 10:54:29 AM

Quote from: thesavoyard on June 12, 2017, 03:46:14 AM

I thought for sure it would take until the end of 2018 but it looks like this summer ethereum might pass it up. With the turmoil around BTC potential splitting, it might be very soon. IMO this is healthy, we will always value bitcoin for being the one that started it all, but it's time for a more dynamic and adaptable currency to take the lead.

Yeah bitcoin could not be the number one forever but I think ethereum would not be the one to exchange it's place,
I think ethereum might not be the one to takes bitcoins place right now maybe in the future.

ETH is not going to replace bitcoin, in my opinion that is never going to happen, at the moment there is no coin that is even close to that and I’m not talking about the market cap, I’m talking about how many merchants accept bitcoin? How many people know of a cryptocurrency other than bitcoin?

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Quote from: ethereumhunter on July 21, 2017, 09:08:42 AM

Quote from: corroze on July 21, 2017, 02:50:19 AM

For now bitcoin is number one among thousands of altcoins located in kriptocurrency, but this certainly does not close the possibility that a bitcoin will someday shift from its peak with another coin which certainly has a value higher than bitcoin, so far Investors are more confident of Bitcoin as a profitable investment place.

i don't think that this will happen with bitcoin as the leader of cryptocurreny. as long as people still trust and believe with bitcoin, bitcoin will always be a king. maybe if bitcoin is become legal and to be like currency/fiat, then the bitcoin position will be replace with other coin so altcoin needs another coin to be reference like what bitcoin did.

May be maintaining the position in the market for long time would be difficult for bitcoin due to extreme competition, but not impossible. Like dollar bitcoin may also rule over the market being a successful currency for long time. It is true that changes and up-gradation occur in technology very quickly and may there would be a currency in future to compete bitcoin but not sure to kick out from market or demolish completely.

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Quote from: ethereumhunter on July 21, 2017, 09:08:42 AM

Quote from: corroze on July 21, 2017, 02:50:19 AM

For now bitcoin is number one among thousands of altcoins located in kriptocurrency, but this certainly does not close the possibility that a bitcoin will someday shift from its peak with another coin which certainly has a value higher than bitcoin, so far Investors are more confident of Bitcoin as a profitable investment place.

i don't think that this will happen with bitcoin as the leader of cryptocurreny. as long as people still trust and believe with bitcoin, bitcoin will always be a king. maybe if bitcoin is become legal and to be like currency/fiat, then the bitcoin position will be replace with other coin so altcoin needs another coin to be reference like what bitcoin did.

The altcoins might have ethereum as the reference coin, but however advancements take place or grow in the crytoworld surely the leader will be bitcoin. Getting replace with some other digital coin is something that won't happen near or after few years time. The growth happened and happening with bitcoin can never be expected with other coins.

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Quote from: corroze on July 21, 2017, 02:50:19 AM

For now bitcoin is number one among thousands of altcoins located in kriptocurrency, but this certainly does not close the possibility that a bitcoin will someday shift from its peak with another coin which certainly has a value higher than bitcoin, so far Investors are more confident of Bitcoin as a profitable investment place.

i don't think that this will happen with bitcoin as the leader of cryptocurreny. as long as people still trust and believe with bitcoin, bitcoin will always be a king. maybe if bitcoin is become legal and to be like currency/fiat, then the bitcoin position will be replace with other coin so altcoin needs another coin to be reference like what bitcoin did.

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