Bitcoin the king - page 8. | Bitcointalksearch.org

Lucius

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Quote from: proTECH77 on October 27, 2021, 11:20:09 AM

Today I took my time to go round the market, there are more than 9000 cryptos in the market, but bitcoin is still the king.

I just looked at that data on CMC, and it says that there are currently as many as 13 281 cryptos, and that just shows that everyone wants to have their own coin/token and profit from something that has been a very hot thing in recent years.

Quote from: proTECH77 on October 27, 2021, 11:20:09 AM

Now that many other cryptocurrencies are seriously pumping can they take over from bitcoin? If they take over from bitcoin can they last in that position like bitcoin?

They're seriously pumping or it just seems to you? It’s easy to fool any beginner and one who isn’t aware of how a market cap works, but even such manipulative methods aren’t enough to do what you think. Bitcoin max supply is just 21 million, and its first companion currently has 118+ million in circulation and that number is increasing - and now imagine that each altcoin has a max supply of only 20 million or so - all that pumping you see would seem much less impressive.

In short, Bitcoin has what other coins do not have - real decentralization, properly set max supply and investor confidence that lasts for more than 10 years. You're actually looking for some new Bitcoin, but I have to disappoint you, I don't think you'll find it.

Jaycee99

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Before anything else, I would like to start off that reading in different forums here is the best option why? because I answered a reply similar to the answer that Iam going to provide but a different perspective. so no negative intentions are meant.

I would like to correct you add some additional info cryptocurrency specifies that to altcoins it is like when you call a currency of USD is Dollars.

Bitcoin is the most the king and queen the value may go down but it has really good potential when it comes to the different kinds of cryptocurrency.

But I always said anything is possible but not, for now, Bitcoin and Ethereum and the two leading best when it comes to digital and cryptocurrency.

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From what I know bitcoin and other altcoin or other kinds of cryptocurrency do not depend on your so-called king, the bitcoin.

From what I know the value of the altcoin or the different kinds of Cryptocurrency increase because the ICO users see potential so they buy the specific altcoin they want and from what I see ICO has 60% potential, not like bitcoin and Ethereum which I would label it as a 90% best.

New.in.trading

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right now, btcusd is not the best thing to trade, as the current H4 breaks a lot of structure...

mksundip

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Quote from: proTECH77 on October 27, 2021, 11:20:09 AM

Today I took my time to go round the market, there are more than 9000 cryptos in the market, but bitcoin is still the king. Now that many other cryptocurrencies are seriously pumping can they take over from bitcoin? If they take over from bitcoin can they last in that position like bitcoin?
What is your opinion.

no one will ever be able to take over Bitcoin's position as king. because seeing from any aspect including price, volume, community, capitalization and also other factors no one can compete with bitcoin. as long as bitcoin is in the crypto market it seems that bitcoin is still the strongest and based on predictions the position will be even stronger in the next few years when the value of bitcoin can reach a price that is doubled from now

arbifahrozy

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It can't be happen, because you just look at the price of bitcoin now and the way it is moving and all the coins are following its way to be up and down, most of the coins just follow the bitcoin and hence there is no way getting more than bitcoin for any coin. So, I would like to invest in the coins which bitcoin is following from the very first.

Hippocrypto

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Bitcoin will always be the king, it is not being called the father of cryptocurrency without nothing. Well, bitcoin is irreplaceable, no one can replace it, although some altcoins have a better performance but until now, they can't still cath up with bitcoin on it's position now. Bitcoin is also known all over the world, people knows it unlike other coins. As we can observe the development of market prices, it follows bitcoin. When Bitcoin goes down, other coins will goes down as well. And that's why bitcoin has it's position to be the king of cryptocurrency as bitcoin deserves it.

nur rochid

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I think bitcoin is irreplaceable, where until now bitcoin still has confidence as the best investment from various points of view in cryptocurrency. although many other altcoins are growing rapidly, but when bitcoin is down for a long period of time for example, then I think altcoins are also mostly down. this is seen from 2018

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Quote from: proTECH77 on October 27, 2021, 11:20:09 AM

Now that many other cryptocurrencies are seriously pumping can they take over from bitcoin? If they take over from bitcoin can they last in that position like bitcoin?
What is your opinion.

In the past there had been alts that surpassed Bitcoin in unit price, though not in market cap. But that isn't where all that ends. There's something that goes beyond utility or use-case of cryptos, for me that's trust. A lot of people have got that trust for Bitcoin. They can confidently put their money in it and peacefully go to sleep compared to others. By the way, there's a reason that makes Bitcoin stand alone while others are referred to as altcoins. Bitcoin is the only cryptocurrency that isn't referred to as altcoin. If any altcoin surpasses Bitcoin price, that won't be anything special and I don't think it will affect Bitcoin's relevance. The only thing I know that can destroy Bitcoin is if the 21 million scarce supply is changed to something more.

rhomelmabini

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Quote from: proTECH77 on October 27, 2021, 11:20:09 AM

Now that many other cryptocurrencies are seriously pumping can they take over from bitcoin? If they take over from bitcoin can they last in that position like bitcoin?

No, it won't on the possible short term scenario. They may be pumping right now but that doesn't have that much liquidity compare to what Bitcoin is when it pumps. I don't think the possibility of overtaking Bitcoin right now by these alts even by Ethereum. Do there's possibility of it but I don't think it will not happen even on the decades to come and if Bitcoin will be overtaken, guess that another one may overtake that coin as well, change is constant.

Victorycoin

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We all know that bitcoin is number one in the world of cryptocurrency it is normal for prices to fluctuate in cryptocurrencies we hope that cryptocurrency will operate worldwide and bitcoin is the king of all coins with this the price of all coins will increase. Looking at the past day it can be seen that the price of all coins has gone up. Less for a moment so it is safe to say that the future of all coins including bitcoin is very bright.

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Quote from: blockman on October 27, 2021, 06:49:42 PM

Quote from: proTECH77 on October 27, 2021, 11:20:09 AM

Today I took my time to go round the market, there are more than 9000 cryptos in the market, but bitcoin is still the king. Now that many other cryptocurrencies are seriously pumping can they take over from bitcoin? If they take over from bitcoin can they last in that position like bitcoin?
What is your opinion.

Repetitive question about bitcoin being taken over. Let's all just have it on our minds that bitcoin is there to stay and cannot be overtaken by any altcoin.
That's the reality that we should extract and accept because it will never happen to say at least. That's why don't be an overthinker about this because we already knew the answer.

how many times have we read a project trying to surpass btc or posting comparison tables about their edge over btc, and yet, where are they now? btc still remains the top currency. they may create a technology much much better than btc but they can't surpass the popularity and scope btc has already established.
as of right now, i dont see any project, even if it has high potential that will overpower btc's dominance. so don't know what kind of discussion are we going to see here...

blockman

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Quote from: proTECH77 on October 27, 2021, 11:20:09 AM

Today I took my time to go round the market, there are more than 9000 cryptos in the market, but bitcoin is still the king. Now that many other cryptocurrencies are seriously pumping can they take over from bitcoin? If they take over from bitcoin can they last in that position like bitcoin?
What is your opinion.

Repetitive question about bitcoin being taken over. Let's all just have it on our minds that bitcoin is there to stay and cannot be overtaken by any altcoin.
That's the reality that we should extract and accept because it will never happen to say at least. That's why don't be an overthinker about this because we already knew the answer.

carrigan

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It seems that nothing can replace Bitcoin, although some altcoins have better performance but until now they still can't catch up with Bitcoin. Bitcoin has been known to many people, while other coins are not widely known to many people. In addition, if you look at the price of other coins, it follows the development of the Bitcoin price. When Bitcoin goes down, other coins usually will also go down, and vice versa. Therefore Bitcoin deserves to be said as the king of cryptocurrencies.

Smartvirus

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If not for anything, there is a trust that investors have with bitcoin. One of such trust is the fact that, bitcoin is the first crypto currency to have come and stay succeed. The second of those is that, it not only succeed but have stand the test of time. These attributes that follows it has won bitcoin a lot of patronage that any other coin can hope to win.
It has been associated with the growth of several other cryptos and one can't talk cryptos without referring to bitcoin so, how then will it ever come second in any statistics for which, its to be compared.

Another notable thing about bitcoin is the fact that, it comes without a face. No body knows the face of its creator and as such, its faceless and assumes all our faces. Unlike other coins that, you can easily put out its programmer, its a minus on those coins and reason why bitcoin would stay at the top spot.

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Quote from: proTECH77 on October 27, 2021, 11:20:09 AM

Today I took my time to go round the market, there are more than 9000 cryptos in the market, but bitcoin is still the king. Now that many other cryptocurrencies are seriously pumping can they take over from bitcoin? If they take over from bitcoin can they last in that position like bitcoin?
What is your opinion.

There are more than 9,000 crypto currencies and around 99% of them are just shitcoins or coins that are just clone of another coin. Most of them offer nothing new and are made to just pump and dump the coins. They don't usually last long. Bitcoin currently is on the top and very highly likely it will reman on the top. I doubt any altcoins will be able to take over bitcoins position. But we have been hearing how ethereum might take over bitcoins position based on market capitalization. It might happen... you never know.

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Quote from: proTECH77 on October 27, 2021, 11:20:09 AM

Today I took my time to go round the market, there are more than 9000 cryptos in the market, but bitcoin is still the king. Now that many other cryptocurrencies are seriously pumping can they take over from bitcoin? If they take over from bitcoin can they last in that position like bitcoin?
What is your opinion.

Lol, how you actually thinking about that those shitcoins will overtake bitcoin? Did not you see that some Defi coins which are are lowered supply for example some thousands and trying to overtake bitcoin price. But they could not despite the very lower supply. So I don't think a coin could overtake bitcoin and will keep the price holding. That means Bitcoin keep the position as KING always.

coinism

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Quote from: proTECH77 on October 27, 2021, 11:20:09 AM

Today I took my time to go round the market, there are more than 9000 cryptos in the market, but bitcoin is still the king. Now that many other cryptocurrencies are seriously pumping can they take over from bitcoin? If they take over from bitcoin can they last in that position like bitcoin?
What is your opinion.

Out of 9000 cryptos, around 90% are just shitcoins. Only 5 to 10% of cryptos are worthy of consideration. For me BTC and the top 20 altcoins located on CMC are the total crypto market, I don't research on remaining coins. Only Eth has the potential to come near BTC in near future other than that I don't see any alt going near BTC since they have small-cap and volume.
These are just my personal opinions.

DarkDays

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Quote from: proTECH77 on October 27, 2021, 11:20:09 AM

Today I took my time to go round the market, there are more than 9000 cryptos in the market, but bitcoin is still the king. Now that many other cryptocurrencies are seriously pumping can they take over from bitcoin?

Valid question. However, we have seen that in the previous bull runs that the same outrageous alts pumping was taking place while Bitcoin was growing steadily. From this alone, I conclude that we are not far in history since Bitcoin was invented to (in my opinion) enable an altcoin to take over.

The reason being that many people when talking about crypto mainly refer to Bitcoin, so that basic understanding of other alts to the larger population does not exist yet, and we know that for something to become mainstream it must first become known, then popular.

In my view, no other alts have come close to gaining the popularity that Bitcoin has and so many people place Bitcoin as the main crypto to store their assets. Also, you rarely see retailers talking about investing in alts (with the exception of ETH).

Overall, to me doesn't seem like we are going to have Bitcoin from the top replaced anytime soon.

Zilon

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Definitely not. No matter how large the market capitalization of the altcoin might be it's volume and investors can't be close to that of Bitcoin and even if it does it might not stand the taste of time. Bitcoin has withstood different treats from world powers, economic factors, anti-crypto investors and many other factors but still stoodup tall not all projects can stand this shakings.

If I may ask what coin could likely compete with Bitcoin? Because the gap between Bitcoin and any other cryptocurrency is large.

proTECH77

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Today I took my time to go round the market, there are more than 9000 cryptos in the market, but bitcoin is still the king. Now that many other cryptocurrencies are seriously pumping can they take over from bitcoin? If they take over from bitcoin can they last in that position like bitcoin?
What is your opinion.

Topic: Bitcoin the king - page 8. (Read 912 times)