I think you have to use an argument with a clear basis or source.
because of this I think it's just an unclear argument, because until whenever I think eth and altcoin have not been able to replace the role of bitcoin from the king of coins.
Even if you see this only from bitcoin corrections and experiencing a decline in the past few weeks I don't think it can be used as a reference because if we see now bitcoin has started to rise again to the surface as usual.
Topic: Bitcoin no longer relevant? (Read 344 times)
I just paid $36 to transfer $220 worth of Bitcoin, what a f**ken joke. I hope it does become irrelevant
why the hell didn't you just use another altcoins faster? bitcoin has high rates and everyone knows it, it is not a secret to anyone, and see that even with this problem bitcoin is with a big adoption and a very high price that until months ago was given as a very distant dream. It is an annoying situation that you will have to pay a $32 fee without a doubt. so I advise you to choose other altcoins for transactions
the day that bitcoin ceases to be relevant all altcoins will be dead
Is Ethereum and other altcoins taking over and replacing Bitcoin?
If so, how fast will this happen?
If so, how fast will this happen?
This is a long process for Altcoins to catch up with Bitcoin. You can judge for yourself the different interests of the 2 currencies. although there is a coin price that can catch up with Bitcoin but will not have any effect on Bitcoin. Bitcoin has its own place for people to invest in. Belief in Bitcoin will be much different from other coins, especially in coins that are just emerging on the market. With the increase in Ethereum does not mean Bitcoin will just sit there until the coin has no numbers. It's impossible
However remember that bitcoin has 1 trillion dollar marketcap whereas ethereum has less than 400 billion dollars. Which means it needs to go up 2.5x more on top of what it has already gone up, and that will result with the increase, that is not really possible without bitcoin moving at all. I believe it is going to be a lot more challenging then what we have seen so far.
Is Ethereum and other altcoins taking over and replacing Bitcoin?
If so, how fast will this happen?
the throne of Bitcoin will not be replaced by any altcoin, Bitcoin is the predecessor of the coin. If so, how fast will this happen?
Crypto currency is also widely known because Bitcoin, Ethereum and Bitcoin prices are also very far apart so it will not be possible.
As long as crypto is still active as a profitable investment, bitcoin will never become irrelevant. bitcoin is a pioneer for the entire community and also the current crypto era, it can be said that the fundamental of all current crypto is bitcoin, imo
Is Ethereum and other altcoins taking over and replacing Bitcoin?
If so, how fast will this happen?
If so, how fast will this happen?
Replacing bitcoin? It's just like a dream, so far many altcoins have developed very well, but again it will only be a dream to replace bitcoin, even after Ethereum can't surpass it.
Is Ethereum and other altcoins taking over and replacing Bitcoin?
If so, how fast will this happen?
speculation is hard for an altcoin to replace bitcoin. from market capitalization it is different if bitcoin is higher than altcoin, then from what aspect can you be sure if bitcoin will be displaced by altcoins? can you explain? If so, how fast will this happen?
Is Ethereum and other altcoins taking over and replacing Bitcoin?
If so, how fast will this happen?
I don't think it can happen. Because bitcoin community itself is bigger and bitcoin already to be core of cryptocurrency. Not that easy to altcoins to replace bitcoin although it have more price than bitcoin. In past there are some coins which have higher price than bitcoin but never replace bitcoin.If so, how fast will this happen?
in any case, Bitcoin remains the leader in the cryptocurrency market not only in terms of capitalization, but also in terms of the superiority of trade volume. But many analysts are already pointing to other data that suggests that many investors are already more interested in investing in Ethereum than in Bitcoin. To date, the capitalization of Ethereum has almost reached 30%, and Ethereum achieved such indicators earlier in early 2017.
Is Ethereum and other altcoins taking over and replacing Bitcoin?
If so, how fast will this happen?
I don't think it can happen. Because bitcoin community itself is bigger and bitcoin already to be core of cryptocurrency. Not that easy to altcoins to replace bitcoin although it have more price than bitcoin. In past there are some coins which have higher price than bitcoin but never replace bitcoin. If so, how fast will this happen?
Please don't take a short-term event like ETH and altcoins going up to conclude Bitcoin is not suitable.
We have lived in bear and bull market times. Bitcoin is the market leader and leader. Let's see how Bitcoin falls in price and increases in price. Bitcoin moves first and the rest of the altcoins follow.
If this time Bitcoin really drops, panic because the altcoins will quickly be depleted.
There is no substitute for Bitcoin on the chart and we know it all the time.
We have lived in bear and bull market times. Bitcoin is the market leader and leader. Let's see how Bitcoin falls in price and increases in price. Bitcoin moves first and the rest of the altcoins follow.
If this time Bitcoin really drops, panic because the altcoins will quickly be depleted.
There is no substitute for Bitcoin on the chart and we know it all the time.
let's say that bitcoin has lost some of its importance on the markets but it still remains number one, let's also say that eth and bnb are doing very well but in my opinion it takes a lot before they can take the place of bitcoin and become a reference point in the world of crypto
Is Ethereum and other altcoins taking over and replacing Bitcoin?
If so, how fast will this happen?
If so, how fast will this happen?
Anything replacing Bitcoin would destroy the store of value thesis which is a fundamental of money, this would be game over. I dont believe it will ever happen as the market is not that stupid.
Most people who ask or believe it are basically hoping their bags will be the one to do it. If your altcoin could do it then what would stop your alt being replaced in 10 years by another.....? ie: Store of value would be dead.
Let's not spread bullshit on bitcoin please.
Enjoy this ride while it lasts and remember, if you are buying ETH, that it has no HARD CAP right now. Any monetary change on ETH will have huge impacts on its future prices.
Again, enjoy the ride while it lasts.
This heavy accumulation phase may mean that 2.0 is almost near, though.
Enjoy this ride while it lasts and remember, if you are buying ETH, that it has no HARD CAP right now. Any monetary change on ETH will have huge impacts on its future prices.
Again, enjoy the ride while it lasts.
This heavy accumulation phase may mean that 2.0 is almost near, though.
Is Ethereum and other altcoins taking over and replacing Bitcoin?
If so, how fast will this happen?
I don't think so. Even though ETH is now showing a good run I don't think it will be enough to dethrone Bitcoin on its position. Perhaps those altcoins can outperform Bitcoin through transaction fees, speed, and more but in terms of market cap, I don't think so. Besides, the decrease of Bitcoin dominance doesn't necessarily mean it will be replaced by any altcoins, but not gonna lie this might be the start of altcoin season that most of everyone waiting for so you might want to fill your bags with some altcoins. If so, how fast will this happen?
Is Ethereum and other altcoins taking over and replacing Bitcoin?
If so, how fast will this happen?
If so, how fast will this happen?
In which perspective you are using the word taking over? If you are talking about the market cap then it's not possible for a single coin to take over BTC. If you are talking about a user-friendly and least costly payments system then there are already a lot of alts that are performing well even doing better than ethereum itself. No matter how better or superior technology other alts use BTC will be the father of crypto forever.
Is Ethereum and other altcoins taking over and replacing Bitcoin?
If so, how fast will this happen?
What you have to understand is that nothing has been able to replace Bitcoin from the past until now, don't you see that the correction that occurs in Bitcoin will be able to be used by Altcoins, because when Bitcoin is corrected, most Altcoins also correct themselves. If so, how fast will this happen?
Is Ethereum and other altcoins taking over and replacing Bitcoin?
If so, how fast will this happen?
If so, how fast will this happen?
This is a long process for Altcoins to catch up with Bitcoin. You can judge for yourself the different interests of the 2 currencies. although there is a coin price that can catch up with Bitcoin but will not have any effect on Bitcoin. Bitcoin has its own place for people to invest in. Belief in Bitcoin will be much different from other coins, especially in coins that are just emerging on the market. With the increase in Ethereum does not mean Bitcoin will just sit there until the coin has no numbers. It's impossible
Could be because the btc dominance as of today is at 45% which has reduce considerably compare to before, this could be the reason why eth is pumping, maybe soon other alts will follow eth price movement,
just because eth is pumping don't mean btc is no longer relevent, it means probably investors are shifting funds from btc to alts like eth if the alts season is begining to happen. this is a good thing for alts holders.
just because eth is pumping don't mean btc is no longer relevent, it means probably investors are shifting funds from btc to alts like eth if the alts season is begining to happen. this is a good thing for alts holders.
It's not taking over bitcoin and it will never happen. It looks like you are taking the marketcap as a point to determine whether the coin is still relevant to be placed at the top position or not. That's really wrong dude.
I think that you must try to take a look at the crypto cycle and ethereum bullish trend can be a signal for altcoin season.
Bitcoin is very stable doesn't mean if it will be stuck in the same place. Once there will be big news and FOMO for bitcoin will happen.
More and more major companies tried to add more bitcoin to their portfolios.
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