The existence of Bitcoin has shown me another dimension; will there ever be a second Bitcoin?
There will not be another bitcoin. Bitcoin is created to only be one, any other coin out there are just an alternative to bitcoin, and will never function as bitcoin. Though they may be helpful in different dimensions but doesn't mean they should be compeard to bitcoin. Bitcoin is to special to be compeard to other coins. 
Topic: In the world, there are only two types of coins: Bitcoin and other coins (Read 198 times)
June 20, 2024, 04:29:52 PM
June 20, 2024, 04:26:13 PM
The existence of Bitcoin has shown me another dimension; will there ever be a second Bitcoin?
As far as I know, there’s only one bitcoin and the rest are considered alternative coins which we call altcoins. These altcoins serve as the competitor of bitcoin, as there’s also potential altcoins that would somehow generate huge profits bigger than what we gained from bitcoin, but we all know it’s rare to happen these days as the golden days of altcoins has passed already, and bitcoin is the only one proven profitable these days, the reason why it’s called the king of crypto. 
June 20, 2024, 04:16:36 PM
The existence of Bitcoin has shown me another dimension; will there ever be a second Bitcoin?
Coins other than Bitcoin are known as altcoins. There is no second Bitcoin like Bitcoin but there are Bitcoin Cash and Bitcoin SV as Bitcoin forks but they are not as powerful and popular as Bitcoin. However, even if the coins marketed to compete with Bitcoin, they did not last long. However, it is not possible to say anything with certainty whether the opposite coin of Bitcoin will come to the market in the future. 
June 20, 2024, 04:07:36 PM
I do feel that Bitcoin is on a league of its own right now.. I has long surpassed other coins.. I really don't think there will be another Bitcoin. It has already made its stand and will continue to grow higher and this is because there is no monopoly control over it.
That's not just a feeling, that's a thing that's already been agreed upon by a lot in the community a long time ago. It's not for us to say that there's never going to be any other bitcoin though, humanity has been surprising itself from time to time for thousands of years with innovations already and I don't think that the template of one bitcoin is going to ever stop that surprising and impressive innovations anytime soon. Though I agree with almost all of the assessments here about bitcoin and that it's a unique among all of the altcoins out there, it's still not up to us to say that something has a finality in it. 
June 20, 2024, 04:06:11 PM
The existence of Bitcoin has shown me another dimension; will there ever be a second Bitcoin?
No, there won't be.Bitcoin is Bitcoin,
There will be no such thing as second Bitcoin or anything else.
Even at that time, there were already many people making Bitcoin forks and others. However, in essence, Bitcoin is Bitcoin, and everything else is just altcoins.
Whatever the concept, whether it is exactly the same and the symbol is almost the same,, if it's not Bitcoin, then it's not Bitcoin, just altcoins, with a variety of different names. So, there will be no first Bitcoin, second Bitcoin, third Bitcoin and others. There is only BITCOIN.
June 20, 2024, 04:02:27 PM
In my opinion, this is impossible. It is like having two kings. Perhaps during this time, many people and projects have tried to replace Bitcoin. But will people forget the king of digital currencies?
June 20, 2024, 04:01:51 PM
The existence of Bitcoin has shown me another dimension; will there ever be a second Bitcoin?
I wish there is a second coming of another Bitcoin, at least we missed the previous little price of Bitcoin, we can hope on that second one but I'm not sure if that is going to be possible even though Bitcoin is allow to exist today, if Satoshi decide to appear in public, the US government will come for him for questioning, they will not let him have a breathing space and so is the potential new one that might come later, this is.not possible to achieve.
Another challenge is that with numerous amount of people that trust Bitcoin, there is no any coin that can be trusted like the Bitcoin and no any coin that will be that high like Bitcoin. Yearn finance that had a price as big as Bitcoin but fell off after the hype was over, the coin isn't even having much volume compared to those days when it was having straight billions of trading volume, that's life.
June 20, 2024, 03:52:32 PM
I think many creators already attempted to create a second bitcoin or they created a new coin in objective to become as powerful as bitcoin that's why there is a lot of crypto coins out there including some popular altcoins, meme coins and also shit coins, this coins have very unique goal and projects but they have one in common which is to become like bitcoin but if we will be realistic it will be hard for other coins to achive what bitcoin has achive, bitcoin price right now is the cultivation of investors that believed and dedicate their trust in bitcoin, so basically bitcoin position right now is also thanks to its investors, although there are big communities in other coins also especially for those altcoins, its still far for them to reach bitcoin and it is expected because bitcoin is also the first and mother coin of all, but thanks to other coins we can utilize the potential profits, we will just need to become more exploring to other coins and give chance to them.
June 20, 2024, 02:38:07 PM
The existence of Bitcoin has shown me another dimension; will there ever be a second Bitcoin?
It will forever be Bitcoin and the rest until it is proven wrong by any coin. There have been many coins that the creators claimed would compete and even overtake Bitcoin. All of them ended up not achieving this feat. Bitcoin remains the most popular cryptocurrency and the only crypto that has been adopted as legal tender by nations. Its price determines the price movements of the crypto market. There might be new inventions to make Bitcoin transactions cheaper and faster but I doubt that there will ever be a second Bitcoin.
I know that Roger Ver create Bitcoin Cash and that Craig Wright created Bitcoin SV while also claiming he created bitcoin which makes him the Fatoshi and the battle (of his lies) was finally lost in a court in London or so few months ago. I made a mistake by calling them all Fatoshi. I have edited it. Thanks for the correction.
A UK High Court presided by Justice James Mellor confirmed that Craig Wright is indeed Faketoshi when he ruled that he lied about creating Bitcoin and faked evidence. This case has ended his baseless quest to claim Satoshi's identity.
June 20, 2024, 02:22:23 PM
The existence of Bitcoin has shown me another dimension; will there ever be a second Bitcoin?
Bitcoin was revolutionary. It was a new way of doing money, basically: a kind of money you can take part in making (mining), money without a regulated price or monetary policies, money that you can transfer and store digitally without providing any private information.I'm sure there will eventually be another step forward in evolution of money, but for now, it will be hard to match it.
June 20, 2024, 01:56:03 PM
The existence of Bitcoin has shown me another dimension; will there ever be a second Bitcoin?
Do you think there will be another coin that can compete with bitcoin and if that is the question then I think it is impossible. But in terms of market capitalization, there is actually ETH as a competitor but it is not able to surpass Bitcoin in terms of price. It is certain that there will not be a second, third or subsequent bitcoin because bitcoin itself has shown reliability that other coins do not have.Bitcoin is in a separate dimension from other coins and does not have the same place, it is not about position but rather the advantages that bitcoin brings. Bitcoin can produce different cycles within a certain period of time and bitcoin is always a force in recovering before reaching the Halving and that is why bitcoin is considered the best.
June 20, 2024, 11:46:57 AM
will there ever be a second Bitcoin?
"Second bitcoin" is kind of paradox, don't you think? It should automatically be a shitcoin too.What we need (and is possible to exist) is innovation. Something new. Something fresh. With ideas that can address all shortcomings in Bitcoin and bring something new to the table.
For example I always found Directed Acyclic Graph (DAG) coins innovative and interesting (coins like IOTA, Nano, and Obyte) but they never got to anything interesting enough to be able to solve any issues. And these projects all have certain flaws including centralization and premine. But at least, they are different and innovative without repeating the same thing trying to create "second bitcoins"; and that's what we need.
June 20, 2024, 11:23:09 AM
The existence of Bitcoin has shown me another dimension; will there ever be a second Bitcoin?
Bitcoin is unique, there is only one Bitcoin with 21 million bitcoins in total supply and they will all exist in 2140.Other Bitcoin projects are Bitcoin forks, they are altcoins and most of them don't have quality like Bitcoin. Adoption for these altcoins is low and they have very low quality, value and price on the market.
How many Bitcoin forks are there?
How many cryptocurrencies have failed. We can say "How many altcoins have failed?" too.
June 20, 2024, 08:01:24 AM
The existence of Bitcoin has shown me another dimension; will there ever be a second Bitcoin?
Every other altcoins are plagiarized version of bitcoin, it was after the introduction of bitcoin that led to the development of many of these cryptocurrencies a d they cannot offer up to the expect Bitcoin gives, for now, none can be compared to bitcoin and we cannot say of the future, while bitcoin remains the most trusted and decentralized digital currency and network in cryptocurrency, there is none for now to compete to the standard or relevance of what it has created, maybe in generations to come we may see something new, but for now, nothing.
June 20, 2024, 07:59:06 AM
I do feel that Bitcoin is on a league of its own right now.. I has long surpassed other coins.. I really don't think there will be another Bitcoin. It has already made its stand and will continue to grow higher and this is because there is no monopoly control over it.
June 20, 2024, 06:09:43 AM
People have tried to create second bitcoin. Example is Bitcoin Cash. Another example is Bitcoin SV which the SV means Satoshi version. All of them were created by Fatoshi and they are regarded as altcoins since when they were created till today.
Um.... no.
Bitcoin SV was created by Craig Wright, the faketoshi, but the others were not.
We have Bitcoin Cash which was made by Roger Ver and a bunch of mining elements like Bitmain and Jihan Wu, Bitcoin XT made by Mike Hearn a former developer of Bitcoin Core, and then there are other forks like Bitcoin Gold, Bitcoin Unlimited, etc created by even more people.
June 20, 2024, 06:01:24 AM
There will never be a second Bitcoin, not with the original Bitcoin, perhaps after a long time. If something happens that causes Bitcoin to disappear from the world forever, perhaps only then can there be a second Bitcoin.
But at the present time, even if there is a Bitcoin that is very similar and comes close to the characteristics of the original Bitcoin, it will still be called Altcoin, as happened with many currencies that were created to be an alternative to Bitcoin or the hardforks that resulted from the split of Bitcoin, all of which became Altcoin.
But at the present time, even if there is a Bitcoin that is very similar and comes close to the characteristics of the original Bitcoin, it will still be called Altcoin, as happened with many currencies that were created to be an alternative to Bitcoin or the hardforks that resulted from the split of Bitcoin, all of which became Altcoin.
June 20, 2024, 05:58:56 AM
The existence of Bitcoin has shown me another dimension; will there ever be a second Bitcoin?
This has been a discussion for a very long time. Bitcoin is Bitcoin and as you've said there are two types of coins, if it's not BTC then they're altcoins. However, there is this wrapped version of BTC that they keep on making but it's still an altcoin and not Bitcoin because it runs through a chain or another network for which Bitcoin, the real one isn't there. There must be only one Bitcoin and there won't ever be another Bitcoin. I guess that this is different from the typical discussions about the "next" Bitcoin that many altcoin enthusiasts are talking about. So, settle with that. Bitcoin is going to remain as-is and the rest that are not BTC will be altcoins or any of their kinds.
June 20, 2024, 05:03:42 AM
The existence of Bitcoin has shown me another dimension; will there ever be a second Bitcoin?
It's the prime mover so I don't know if we will ever to see another coin that has so much influence in the crypto market that it has 50% control of the market cap (more or less), and people up to this day are talking about it more than 10 years from it's inception.
And another is the enigma that Satoshi Nakamoto has brought it as the inventor of Bitcoin. And that's why there are fake Satoshi out there, many of them claiming because of the aura of that name. So I guess everyone will agree that there will be no second Bitcoin no matter what other crypto projects are going to released in the future and claiming that they're the next big thing or whatever.
June 20, 2024, 04:52:12 AM
People have tried to create second bitcoin. Example is Bitcoin Cash. Another example is Bitcoin SV which the SV means Satoshi version. All of them were created by Fatoshi and they are regarded as altcoins since when they were created till today. All other coins that are not bitcoin are altcoins. Two bitcoin can not exist in this world.
I agree. I mean, Bitcoin is a revolutionary technology already. It will take another 10 years for everyone who can think, who can use their brains properly, to realize how amazing it is, how helpful it is to the world. Will there be a better technology somewhere in the future? Maybe. But not earlier than a hundred years from now. That's why we have all the right to be saying during our life-time: "Two bitcoin can not exist in this world.".
June 20, 2024, 03:47:18 AM
The existence of Bitcoin has shown me another dimension; will there ever be a second Bitcoin?
Did you forget to look at this site? https://coinmarketcap.com/ there are lots of good coins listed there and one of them could has a potential to get if not the same then close to the growth what bitcoin achieve.
There are so many people acquiring the top alts especially on those listed at top 2 and 5(excuse USDT in that list).
So the only thing people doing is the monitoring of the growth of those tokens and some is starting to accumulate to see if there would be a changes to come then see if they can earn huge once there's a big price increase will happen.
June 20, 2024, 03:10:58 AM
The existence of Bitcoin has shown me another dimension; will there ever be a second Bitcoin?
If it was possible you would have already seen so many coins that would have replaced Bitcoin since before now, however Bitcoin is like the mother of every other cryptocurrency and that means that no matter the amount or the number of coins that are being created on a daily basis will never have chance to compete with Bitcoin, however it was after the establishment of Bitcoin other coins come in play so on the contrary every other cryptocurrency is actually taping from the progress of Bitcoin, perhaps that's the reason why whenever the price of Bitcoin is dropping you will see every other cryptocurrency prices also dropping drastically, so how would you expect any coin to replace Bitcoin when there growths actually depends on Bitcoin. 
June 20, 2024, 03:00:30 AM
The existence of Bitcoin has shown me another dimension; will there ever be a second Bitcoin?
So far bitcoin is unique, the rest of the market has no bright candidates that can compete or will become as great as bitcoin. But our world is constantly evolving and we cannot predict what will happen in the future. Satoshi was able to create bitcoin and bring surprise to all humanity, so I wouldn't rule out the possibility that someone will create something great or better than bitcoin in the future. But it's about the future, things that haven't happened yet, what we need to focus on now is bitcoin and it is unique.Grateful and thankful to Satoshi, focusing on bitcoin are things I think we should focus on instead of thinking about things that are not possible or have not happened yet.
June 20, 2024, 02:36:32 AM
The closest coin that could become second Bitcoin is Litecoin.
Both of them are open source, using the same cryptography mechanism (Proof Of Work), and decentralized. It just that Litecoin is quite vulnerable against 51% attack since the difficulty and the price aren't as high as Bitcoin.
If Bitcoin already reach into the level where people can't afford to buy the fraction, they might shift to Litecoin.
Both of them are open source, using the same cryptography mechanism (Proof Of Work), and decentralized. It just that Litecoin is quite vulnerable against 51% attack since the difficulty and the price aren't as high as Bitcoin.
If Bitcoin already reach into the level where people can't afford to buy the fraction, they might shift to Litecoin.
June 20, 2024, 02:15:56 AM
People have tried to create second bitcoin. Example is Bitcoin Cash. Another example is Bitcoin SV which the SV means Satoshi version. All of them were created by Fatoshi and they are regarded as altcoins since when they were created till today.
Um.... no.
Bitcoin SV was created by Craig Wright, the faketoshi, but the others were not.
We have Bitcoin Cash which was made by Roger Ver and a bunch of mining elements like Bitmain and Jihan Wu, Bitcoin XT made by Mike Hearn a former developer of Bitcoin Core, and then there are other forks like Bitcoin Gold, Bitcoin Unlimited, etc created by even more people.
June 20, 2024, 02:14:16 AM
There will not be a second Bitcoin because bitcoin is the first and most successful decentralized cryptocurrency and so far no other currency has come close to it in this position . Secondly bitcoin supply of 21 million coins limit makes it very strong and no other cryptocurrency has these feature. Thirdly, due to it massive mining network, bitcoin has a high level of security and decentralization around it which cannot be seen in the others. I don't think any other cryptocurrency comes close. Lastly, unless a second bitcoin will become a good store of value, then I don't think that there is ever going to be a second bitcoin.
June 20, 2024, 02:11:46 AM
People have tried to create second bitcoin. Example is Bitcoin Cash. Another example is Bitcoin SV which the SV means Satoshi version. All of them were created by Fatoshi and others people. They are regarded as altcoins since when they were created till today. All other coins that are not bitcoin are altcoins. Two bitcoin can not exist in this world.
June 20, 2024, 01:57:27 AM
The existence of Bitcoin has shown me another dimension; will there ever be a second Bitcoin?
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