Bitcoin will be replace by ALTS in the future? - page 4.

James_Cline

jr. member

Activity: 85

Merit: 1

I have been saying this that cryptocurrency was brought to place by Bitcoin and no other cryptocurrency can over throw Bitcoin because it is the father and mother of all cryptocurrency

Don't get me wrong. I am a bitcoin enthusiast, but my business and marketing background is telling me that a product being a pioneer does not always guarantee that it will always remain on top. What bitcoin has done is pave the way for cryptocurrencies to exist. But what if an altcoin with better features will come to exist?

coinnumber

jr. member

Activity: 504

Merit: 5

Quote from: jademaxsuy on November 09, 2018, 11:15:51 AM

Hello guys! As usual my habit is to check this website https://coinmarketcap.com/ for crypto market price. I saw that bitcoin still dominate in the market.

Take a look in this picture.

The Bitcoin Dominance recorded is still at 52.3%

This is why Bitcoin is the most expensive crypto in the market. But, there is one thing also that struck me and that is the growing number of crypto in the market.

It was recorded at 2093 cryptocurrencies being listed in coinmarketcap and does not include some crypto that are not listed on coinmarketcap for now. So many cryptocurrency to choose from so brace yourself on what crypto will you should consider to contribute or invest.

Bitcoin vs. Altcoins

I get this graph from coinhills (https://www.coinhills.com/statistics/volume-bitcoin-altcoin/) that shows the trend chart of Bitcoin volume strength versus Altcoins. A great number of altcoins combine will soon going to surpass bitcoin and remove its dominant in the market and probably few crypto will dominate in the altcoins group in the near future.

The question is that: Is there any possibility that dominant altcoins will take over bitcoin in the ranking in the future?

The innovation of cryptocurrency comes through bitcoin so I don't believe it will be possible for any ALTCoin to replace bitcoin in future. Moreover bitcoin has keep its position as the leading coin on blockchain through security and value which makes many investors feel comfortable storing it as investment for future benefits

Godplan

brand new

Activity: 0

Merit: 12

Bitcoin is the. Main cryto that people trust all the time because when you talk about the other coins people don't even know what you are talking about. As for me and majority of my people here when you are talking about Bitcoin they all know what you are talking about.

mweezy

jr. member

Activity: 57

Merit: 1

I think in this present cryptocurrency mmarket and functions it will be really difficult for any Altcoin to replaced or take the place of bitcoin, not because bitcoin is the first cryptocurrency coin but because it play allot of row in crypto world. So it will really take long time for any Altcoin to get there.

stayeduptolate

hero member

Activity: 980

Merit: 502

Quote from: jademaxsuy on November 09, 2018, 11:15:51 AM

Hello guys! As usual my habit is to check this website https://coinmarketcap.com/ for crypto market price. I saw that bitcoin still dominate in the market.

Take a look in this picture.

The Bitcoin Dominance recorded is still at 52.3%

This is why Bitcoin is the most expensive crypto in the market. But, there is one thing also that struck me and that is the growing number of crypto in the market.

It was recorded at 2093 cryptocurrencies being listed in coinmarketcap and does not include some crypto that are not listed on coinmarketcap for now. So many cryptocurrency to choose from so brace yourself on what crypto will you should consider to contribute or invest.

Bitcoin vs. Altcoins

I get this graph from coinhills (https://www.coinhills.com/statistics/volume-bitcoin-altcoin/) that shows the trend chart of Bitcoin volume strength versus Altcoins. A great number of altcoins combine will soon going to surpass bitcoin and remove its dominant in the market and probably few crypto will dominate in the altcoins group in the near future.

The question is that: Is there any possibility that dominant altcoins will take over bitcoin in the ranking in the future?

Bitcoin can't be replaced by any altcoin in the future unless the governments all over the world combine to form a new coin and that will be good enough to replace bitcoin. There have been many problems with bitcoin protocol in the past and the BIP is established to overcome those problems and make bitcoin better in the future so the problems we face today with bitcoin like the high transaction confirmation times etc will be past when they will be solved in the coming future and that shows how bitcoin is controlling the market and dominant.

Sandus_Cryptolover

jr. member

Activity: 482

Merit: 3

Quote from: jademaxsuy on November 09, 2018, 11:15:51 AM

Hello guys! As usual my habit is to check this website https://coinmarketcap.com/ for crypto market price. I saw that bitcoin still dominate in the market.

Take a look in this picture.

The Bitcoin Dominance recorded is still at 52.3%

This is why Bitcoin is the most expensive crypto in the market. But, there is one thing also that struck me and that is the growing number of crypto in the market.

It was recorded at 2093 cryptocurrencies being listed in coinmarketcap and does not include some crypto that are not listed on coinmarketcap for now. So many cryptocurrency to choose from so brace yourself on what crypto will you should consider to contribute or invest.

Bitcoin vs. Altcoins

I get this graph from coinhills (https://www.coinhills.com/statistics/volume-bitcoin-altcoin/) that shows the trend chart of Bitcoin volume strength versus Altcoins. A great number of altcoins combine will soon going to surpass bitcoin and remove its dominant in the market and probably few crypto will dominate in the altcoins group in the near future.

The question is that: Is there any possibility that dominant altcoins will take over bitcoin in the ranking in the future?

For as long as altcoins are tied to Bitcoin, then there is no way Bitcoin can be replaced by altcoins. Ethereum and EOS Blockchains are still tied to Bitcoin thus Bitcoin will always dominate the market, for now.

seramania

full member

Activity: 827

Merit: 100

although now the altcoin position in Crypto has a large variety of choices, I think this is something that is not easy to happen. Bitcoin's position is too strong in crypto, maybe altcoin can only be an altcoin companion coin and if it replaces bitcoin it still can't be predicted.

Rashid555

full member

Activity: 350

Merit: 100

NO other coin can compete with bitcoin and altcoin have limited users are it can be associated with some people with some projects but bitcoin is a universal currency and it is acceptable to the world and altcoin are also very good and growing but we can not give the value to it as bitcoin is and crypto is more valuable than any other coins and it will not replace bitcoin because of it's strong impact on the whole crypto market.

vgk88

full member

Activity: 728

Merit: 130

Bitcoin and altcoins have different purposes. I don’t think that Altcoins will replace Bitcoin. There is no need for that. At the moment, altcoins need to focus on the implementation of the planned one. Blockchains of large companies can become serious competitors for altcoins.

gesdan

full member

Activity: 616

Merit: 100

Bitcoin will replaced by ALT in the future, i whink it will happen, or maybe there are new technologies that have more power than blockchain will replace the bitcoin and blockcghain system

dr_chen

sr. member

Activity: 494

Merit: 250

Majority of investors see altcoins as short-term investments and most of them prefer bitcoin when compared with any altcoin. Bitcoin will stay to be at the top in dominance and the most important coin on market for years. Altcoins which are created continously doesn't mean they will dominate Bitcoin just because they are very large in number.

ellehcar

member

Activity: 420

Merit: 10

Quote from: jademaxsuy on November 09, 2018, 11:15:51 AM

The question is that: Is there any possibility that dominant altcoins will take over bitcoin in the ranking in the future?

Everything is possible. Nothing is indispensable in this world. Even the strongest and wisest king can be dethroned. But the task of overthrowing bitcoin would not be easy for any alt which wishes to snatch its throne. Bitcoin has already established itself and a solid community which backs it up. Yeah, there are actually a lot of coins created that are better than bitcoin in terms of features, like ETH which transaction confirmation is more speedy than BTC and XRP which is a lot cheaper, but bitcoin stood invincible ever since. Currently, I've no idea what could possibly lead bitcoin to step down from the limelight, but it doesn't necessarily follow it won't happen so we shouldn't discount that possibility. Better hodl both bitcoin and good alts to be safe.

wormgummy019

member

Activity: 328

Merit: 10

Quote from: jademaxsuy on November 09, 2018, 11:15:51 AM

Hello guys! As usual my habit is to check this website https://coinmarketcap.com/ for crypto market price. I saw that bitcoin still dominate in the market.

Take a look in this picture.

The Bitcoin Dominance recorded is still at 52.3%

This is why Bitcoin is the most expensive crypto in the market. But, there is one thing also that struck me and that is the growing number of crypto in the market.

It was recorded at 2093 cryptocurrencies being listed in coinmarketcap and does not include some crypto that are not listed on coinmarketcap for now. So many cryptocurrency to choose from so brace yourself on what crypto will you should consider to contribute or invest.

Bitcoin vs. Altcoins

I get this graph from coinhills (https://www.coinhills.com/statistics/volume-bitcoin-altcoin/) that shows the trend chart of Bitcoin volume strength versus Altcoins. A great number of altcoins combine will soon going to surpass bitcoin and remove its dominant in the market and probably few crypto will dominate in the altcoins group in the near future.

The question is that: Is there any possibility that dominant altcoins will take over bitcoin in the ranking in the future?

People are comparing bitcoin to altcoin they are both good , but bitcoin is more popular. So I can say that its possible but it will take a long time. I cant see that altcoin can surpass the number of investors of bitcoin. As the day passes by bitcoin getting popular so that is my opinion.

Captain Sneeze

member

Activity: 351

Merit: 11

Quote from: jademaxsuy on November 09, 2018, 11:15:51 AM

Hello guys! As usual my habit is to check this website https://coinmarketcap.com/ for crypto market price. I saw that bitcoin still dominate in the market.

Take a look in this picture.

The Bitcoin Dominance recorded is still at 52.3%

This is why Bitcoin is the most expensive crypto in the market. But, there is one thing also that struck me and that is the growing number of crypto in the market.

It was recorded at 2093 cryptocurrencies being listed in coinmarketcap and does not include some crypto that are not listed on coinmarketcap for now. So many cryptocurrency to choose from so brace yourself on what crypto will you should consider to contribute or invest.

Bitcoin vs. Altcoins

I get this graph from coinhills (https://www.coinhills.com/statistics/volume-bitcoin-altcoin/) that shows the trend chart of Bitcoin volume strength versus Altcoins. A great number of altcoins combine will soon going to surpass bitcoin and remove its dominant in the market and probably few crypto will dominate in the altcoins group in the near future.

The question is that: Is there any possibility that dominant altcoins will take over bitcoin in the ranking in the future?

No one knows what will happen in the future but I can say that there is a chance for that to happen. But I do believe in bitcoin even if it was replaced by alts , im still here supporting bitcoin. Bitcoin already overcome so many problems so no matter what happens I will stick to bitcoin.

kaisa

full member

Activity: 560

Merit: 145

Quote from: BlackPanda on November 10, 2018, 10:59:41 AM

That is natural because Bitcoin has a very good level of trust by the public. Bitcoin is the main currency that has been trusted and has been used by various sectors. There are even several large companies that apply Bitcoin to their financial systems. There is nothing strange, when the Bitcoin market controls the global market today. Even in the future I am sure the role of Bitcoin will be far greater than Altcoin. This is a fact and we see all of these facts as something to look forward to.

Bitcoin will still be an extraordinary digital coin, the role and benefits of Bitcoin will be used by more and more people in the world.

I have the same thoughts as you, but there are some strange things in my opinion. When bitcoin goes down it also follows. Even though they are different in terms of concepts and uses. So, what if bitcoin is used as a benchmark price for all crypto?

BlackPanda

legendary

Activity: 1414

Merit: 1001

Quote from: Zrs on November 10, 2018, 05:41:49 AM

Bitcoin will not be replace by alts as bitcoin is more popular and many company already started to accept bitcoin as their payment method. I think when there will be no bitcoin, there will be no alt coin in this world.

That is natural because Bitcoin has a very good level of trust by the public. Bitcoin is the main currency that has been trusted and has been used by various sectors. There are even several large companies that apply Bitcoin to their financial systems. There is nothing strange, when the Bitcoin market controls the global market today. Even in the future I am sure the role of Bitcoin will be far greater than Altcoin. This is a fact and we see all of these facts as something to look forward to.

Bitcoin will still be an extraordinary digital coin, the role and benefits of Bitcoin will be used by more and more people in the world.

Juggy777

hero member

Activity: 2646

Merit: 686

Quote from: jademaxsuy on November 09, 2018, 11:15:51 AM

Hello guys! As usual my habit is to check this website https://coinmarketcap.com/ for crypto market price. I saw that bitcoin still dominate in the market.

Take a look in this picture.

The Bitcoin Dominance recorded is still at 52.3%

This is why Bitcoin is the most expensive crypto in the market. But, there is one thing also that struck me and that is the growing number of crypto in the market.

It was recorded at 2093 cryptocurrencies being listed in coinmarketcap and does not include some crypto that are not listed on coinmarketcap for now. So many cryptocurrency to choose from so brace yourself on what crypto will you should consider to contribute or invest.

Bitcoin vs. Altcoins

I get this graph from coinhills (https://www.coinhills.com/statistics/volume-bitcoin-altcoin/) that shows the trend chart of Bitcoin volume strength versus Altcoins. A great number of altcoins combine will soon going to surpass bitcoin and remove its dominant in the market and probably few crypto will dominate in the altcoins group in the near future.

The question is that: Is there any possibility that dominant altcoins will take over bitcoin in the ranking in the future?

No the alts will never over take from bitcoins, even with them running in hundreds they can't beat the popularity that bitcoins get. It's pertinent to remember that bitcoins prices will always recover, but once alts crash they take years to recover, for example look what happened to bitcoins cash. If you see adoption wise people prefer to have bitcoins in a trade deal, only few other alts are accepted, hence I don't believe alts will take over bitcoins.

Zrs

sr. member

Activity: 299

Merit: 250

Bitcoin will not be replace by alts as bitcoin is more popular and many company already started to accept bitcoin as their payment method. I think when there will be no bitcoin, there will be no alt coin in this world.

Dexion

full member

Activity: 812

Merit: 101

yes, I think this makes sense. Limited bitcoin inventory, the growth of altcoin every day always creates bullish without bitcoin, and every day new crypto always comes. then the popularity of bitcoin will be low.

the stability of bitcoin today is being held by investors who are trapped in high bitcoin volatility in 2017 and some new investors. but, I am sure that the popularity of bitcoin will last for a long time.

BeManga

sr. member

Activity: 962

Merit: 269

CryptoDirectories.com

i dont think bitcoin will be replace by any altcoin
all altcoin is traded to bitcoin vice versa
for me how can other altcoin dominate the market if they cant be traded in other altcoin like bitcoin
but who know what can happen someday its just my opinion

Topic: Bitcoin will be replace by ALTS in the future? - page 4. (Read 1087 times)