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Topic: BTC - The unbeaten King (Read 18124 times)

legendary
Activity: 3514
Merit: 1280
English ⬄ Russian Translation Services
January 30, 2019, 04:39:07 AM
i doubt a loss of over 85% of marketvalue can be considered "unbeaten" "king" or "unbeaten"

It depends upon what you compare it with

Most people here compare Bitcoin to the rest of the pack, i.e. altcoins, and the result of this comparison unequivocally allows to claim that Bitcoin is still the reigning king of crypto far ahead of any competitor (an indisputable champion if you please). Apart from that, don't forget that Bitcoin didn't just crash from 30k to 3k but it also rose from 1k to 20k within the same timeframe (i.e. about a year)
sr. member
Activity: 729
Merit: 250
January 30, 2019, 01:36:22 AM
Until now, BTC still controls the crypto currency market and the price is still highest in crypto. But if the price of BTC continues to decline, it will probably lose the trust of many people towards BTC and switch to other investments, which eventually BTC will be abandoned and allow the next few years BTC will be replaced by other crypto. BTC will not be able to forever dominate the crypto currency market and become the king of crypto, someday there will be a defeat of BTC and BTC will not forever be the king of crypto.
sr. member
Activity: 1470
Merit: 325
January 30, 2019, 12:40:48 AM
i doubt a loss of over 85% of marketvalue can be considered "unbeaten" "king" or "unbeaten"

only hardcore bitcoincentrists do that
sr. member
Activity: 1638
Merit: 260
Trphy.io
January 30, 2019, 12:38:21 AM
Even it continues of falling bitcoin still un beaten and still the number one and lead to all cryptocurrency so that we need to trust bitcoin that soon or later bitcoin will recover and rise again like what we assure. No one can beat bitcoin but the 2 place was always changeable  but bitcoin still not.
if the price of Bitcoin continues to decline then other coins will also follow they king, because Altcoin is very dependent on Bitcoin, which makes crypto more popular and survives until now is because of Bitcoin. of course Bitcoin will remains the king forever in the crypto world and it is impossible for anyone to defeat it. Smiley
hero member
Activity: 3066
Merit: 577
Leading Crypto Sports Betting & Casino Platform
January 29, 2019, 09:50:55 PM
Bitcoin's market cap now around $60B. Still a good ratio considering on how many times it fell. A lot of altcoins were kicked out of the top 10 and bitcoin remained strong and has been the leader of this market. Despite of FUDs and discouragement that were published on mainstream media it's obvious that they have been doing that for their personal gains. Bitcoin will remain as the king and to those that keeps on saying that bitcoin is unlikely to stay, we will see it then.
full member
Activity: 554
Merit: 100
January 29, 2019, 06:59:08 PM
Even it continues of falling bitcoin still un beaten and still the number one and lead to all cryptocurrency so that we need to trust bitcoin that soon or later bitcoin will recover and rise again like what we assure. No one can beat bitcoin but the 2 place was always changeable  but bitcoin still not.
legendary
Activity: 3514
Merit: 1280
English ⬄ Russian Translation Services
January 29, 2019, 05:08:23 PM
as they say, kings come and go, and new ones occupy the throne)) Grin
But it looks like no one were born yet to occupy the throne by defeating the market cap value of bitcoin.No wonders if it is not going to happen forever as well.

It wouldn't mean a thing

Even if some coin defeats the market cap of Bitcoin, it won't mean that it has more real presence than the king of cryptocurrencies. Market cap is a very misleading metric as it includes all mined coins while only a minor part of them can really be in circulation. In this manner, there can be a price outlier (like someone buying a dozen doges at a price of 1 dollar per coin) which will temporarily produce a market cap value exceeding that of Bitcoin
sr. member
Activity: 1470
Merit: 325
January 29, 2019, 04:00:47 PM
Bitcoin Will always be unbeatable because its the first Cryptocurrency and all the altcoin depends on bitcoin when ever bitcoin price go red it affect all the crypto market ,  When ever any one want to get  into  crypto  first to  say it bitcoin . Bitcoin is house  hold name ..  so it will always be the master  of the crypto  !!  

no one cares about the first paper money bill today, and there is no historic info about it lasting a while, the confidence of yours is in my oppinion overexagerated

i doubt even that the current cryptocurrency index will stay trustworthy in the long term, because its a construction that depicts global corruption
full member
Activity: 736
Merit: 100
★Bitvest.io★ Play Plinko or Invest!
January 28, 2019, 03:56:20 AM
Bitcoin will always be on the top. This is the most popular cryptocurrency, besides Bitcoin is the first cryptocurrency.

There will come a time when people will look beyond those two aspects dude. There will be a coin with better features and when crypto becomes adopted and goes mainstream, they'll start looking at other coins as well.
I agree with you, that there would be a time that bitcoin can be replaced but it takes time to replaced it thats why we should do our own research in order for us to become aware on the different cryptocurrency so that we are still on the trend and help us to increase our strategies that would help us to earn a huge profit in the future.
full member
Activity: 1148
Merit: 116
January 28, 2019, 02:37:19 AM
Dogecoin and litecoin are still my favourite because of lite weight usability ,faster transaction speed and at cheaper rate ,as for bitcoin it will remain the king for decades and look at the market cap it keeps getting better and better ,no doubt about it cryptocurrency is going to be around even for the next generation to come
legendary
Activity: 3234
Merit: 1214
casinosblockchain.io
January 28, 2019, 12:30:56 AM
The growth of cryptocurrencies along with bitcoin is clearly described in the chart. As years pass the growth has taken place with more and more usage of cryptocurrencies. In the mean some potential coins have come into existence and took the leading position pushing down the old coins such as the maidsafe, namecoin, paycoin and many more. Bitcoin is the one that stands high from the beginning till date even when there are more and more coins into existence regularly.
sr. member
Activity: 600
Merit: 250
January 28, 2019, 12:00:30 AM
In addition to a high level of trust, many people also invest in it, believing that BTC is able to provide a better future, BTC is always the top and number one in cryptocurrencies, creates opportunities for employment opportunities and makes many people have a more future good in it That is BTC which is always the best and is above it makes people say that BTC is a king who is invincible and indeed that is the reality that we can see today.
full member
Activity: 540
Merit: 100
January 27, 2019, 11:19:25 PM


Cryptocurrency is a maturing market and it is here to stay. Believe in Crypto. Belive in its tech.
The chart that you posted is one of the proofs thay the market is keep growing as time passing by. The capitalization of the bitcoin is now $192 billion.  It seems that there is no altcoins that can surpass bitcoin in terms of capitalization.
member
Activity: 397
Merit: 10
January 27, 2019, 10:50:18 PM
No altcoin can defeat bitcoin and if we look into the market there are more than enough proof If there is a digital currency often transacted in exchanges or businesses it would bitcoin and it is a very useful and a profitable tool to invest or use as a means of payment so it has become very popular among business communities and potential investors and that is the main reason why even under major restrictions from governments bitcoin haven't lost its enthusiasts 
Bitcoin is the first and most famous digital coin in the world. So from that the price is the most expensive, and it is very difficult for altcoin to rival the price of bitcoin, let alone shift the dominance of bitcoin. In other words, bitcoin is the flag carrier for cryptocurrency. For the future, I'm sure bitcoin will become the digital currency in the world, and more and more countries will legalize it.
member
Activity: 938
Merit: 14
Earn more with Earn Network
January 27, 2019, 09:35:15 PM
Bitcoin has come this far fighting through all tribulations and have now pave way for most cryptocurrencies. Bitcoin will lead the market for quite sometime although some experts foresee its death some years to come. New developments like the Lighting Network are been made to make Bitcoin more better and stand out from the rest of the cryptocurrencies on the market.
full member
Activity: 1292
Merit: 101
Vave.com
January 27, 2019, 09:02:05 PM
The picture clearly shows that it got the maturity .The step is going to up by year and year .Actually we are so lucky to have a platform like crypto and specially bitcoin . I always have a strong believe on crypto and i think the world will see a great move on cryptocurrency in the recent year .
legendary
Activity: 3318
Merit: 1202
January 27, 2019, 07:17:41 PM
Bitcoin was designed by "Satoshi" to by unbeaten and Bitcoin Foundation knows this because we can see the results 10 years later when bitcoin is preapring for a leap towards the mass adoption wich began some years ago. This alone and other tons of examples will guide you in the same direction, to the king himself.
jr. member
Activity: 322
Merit: 1
January 27, 2019, 07:13:59 PM
I totally agree with your words. It does not seem that any other coin behind Bitcoin can go to position number one. The online market is now trusted and there main coin name is Bitcoin. Currently, many online sites use Bitcoin as their payment method. Some of these sites include big companies and affiliates. Bitcoin currently has the entire online market, so I think it's almost impossible to get it back in front of any other coin but this is not exactly the future. So I think Bitcoin was the King, Bitcoin is as king and Bitcoin will remain as king. And hopefully Bitcoin will come very soon in his appearance. It's just a matter of little time.













member
Activity: 351
Merit: 10
January 27, 2019, 12:24:29 PM
that's right because bitcoin is a very strong coin and a coin that always experiences a huge price increase, so whenever bitcoin will become the king of the crypto world

BTC is a true king in the crypto world and no other currency in the crypto world can face and also survive that bitcoin has faced and I think there are major reasons why it has the capability to do that and one is the demand or power it has gained as the first digital currency in the world and another reason is bitcoin enthusiast because for any currency to be alive there should be users and without that no currency can continue and even bitcoin lost considerable amount of potential holders still there are many users from the beginning until now and that helped bitcoin a lot to survive with these restrictions or barriers and still hold its place as the king in the crypto world
jr. member
Activity: 86
Merit: 1
January 27, 2019, 12:01:50 PM
#99
No altcoin can defeat bitcoin and if we look into the market there are more than enough proof If there is a digital currency often transacted in exchanges or businesses it would bitcoin and it is a very useful and a profitable tool to invest or use as a means of payment so it has become very popular among business communities and potential investors and that is the main reason why even under major restrictions from governments bitcoin haven't lost its enthusiasts 
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