Topic: Is there a reason why Bitcoin has to be the crypto in the future? - page 2. (Read 1595 times)
August 21, 2018, 06:04:15 AM
Maybe because it's the first cryptocurrency that came out but remember, that it's still in the testing process hence flaws still keep coming up. If you ask me and we talk about the future, perhaps some decades away from now, there will be new cryptos that will come out which will go through a newly developed untraceable blockchain which will make no space for any potential fraud or scam.
August 21, 2018, 03:35:45 AM
I believe it yes. Once they will be regulated by different countries, it will become true. But it will take time. There are many benefits of crypto over fiat.
Dont comment on things you dont understand mate. Crypto is unregulated and it will remain like that. Thats one of the things that makes it different from fiat and thus the importance. Governments want to take care of your money by issuing fiat for usage but crypto provides the channel for you to use it with partial anonymity and without regulations.
Bitcoin will continue to be the best in the future.
Because Bitcoin is attracted by many people.
We can see that the Bitcoin capitalist market is huge. You can check all of them here: https://coinmarketcap.com/currencies/bitcoin/
Can you please make your posts a bit more detailed as to why it is attracted to people? That woul actually improve your post quality when you put in more effort to write.Because Bitcoin is attracted by many people.
We can see that the Bitcoin capitalist market is huge. You can check all of them here: https://coinmarketcap.com/currencies/bitcoin/
The attraction if you ask me was the price pump back in December 2017. It drew a lot of mainstream investors.
August 14, 2018, 08:31:36 PM
Bitcoin will continue to be the best in the future.
Because Bitcoin is attracted by many people.
We can see that the Bitcoin capitalist market is huge. You can check all of them here: https://coinmarketcap.com/currencies/bitcoin/
Because Bitcoin is attracted by many people.
We can see that the Bitcoin capitalist market is huge. You can check all of them here: https://coinmarketcap.com/currencies/bitcoin/
July 24, 2018, 06:03:37 AM
We can't know actually unil we get there. We'll just have to wait if bitcoin stays at the top in the future or there will be another crypto that will be up there. all we can do for now is speculate.
July 17, 2018, 12:46:28 AM
I believe it yes. Once they will be regulated by different countries, it will become true. But it will take time. There are many benefits of crypto over fiat.
July 16, 2018, 06:55:03 AM
Nothing can be said. The shortcomings of Bitcoin cannot be ignored also, but can be deterred easily if we want, by managing bitcoin investment risks. With a stronger presence in the global money market and more and more of stability in the price as time is advancing and the acceptance is growing, it can be the easiest type of currencies available online in the future.
The future of Bitcoin is basically, like nothing, but all speculations. There are many favorable responses from people across all of the countries of this world, and it has a very huge potential to come up as the next big thing of the times.
The future of Bitcoin is basically, like nothing, but all speculations. There are many favorable responses from people across all of the countries of this world, and it has a very huge potential to come up as the next big thing of the times.
July 15, 2018, 06:51:17 AM
There's no overwhelming reason why bitcoin will remain the top dog, right now there are arguably superior technologies but none that are as well known or that (as you mentioned) are as well spread as bitcoin is.
I am not sure there are any solid projects that can claim that they are superior to bitcoin with better technology which can scale like visa or paypal, if anyone can claim that they can scale on that magnitude then i will say it is a better technology, other than that bitcoin is the coin.With regards to the mining pools, you're right that they could collaborate and cause chaos for bitcoin, for example if they all stopped mining at once, but given the way that difficulty scales it would be resolved in time.
It is impossible to think that the mining pools would collaborate to create chaos and put an end to their earning opportunities, so it is out of the question and they wont stop mining even if the mining rewards are reduced, the price would increase accordingly. Check out the increase in hash rate in the past few months and you would understand why. July 15, 2018, 05:32:42 AM
I believe that bitcoin will continue to be the no.1 cryptocurrency in the future aside from being the first ever cryptocurrency to achieved greater heights and also because of the original blockchain technology that made bitcoin to continue all these years. Due to it's popularity, many ICO's and altcoins were now in the market venturing to join in this crypto era hoping that these coins could also be acknowledge by the investing public.
July 15, 2018, 04:19:45 AM
I have read your post and think that you have provided the sufficient reason for the btc to be the crypto in the future. I think it deserves this status being the best coin ever and being the safest
July 15, 2018, 04:02:56 AM
As I see it is like this, any exchange currency's value depend on how much that particular currency accepted by the people. in that point of view, there is no any other coin that has won the faith of people. That's why bitcoin has been considered as the king of cryptocoins. but I admit there are some bad sides of bitcoin compared to other new coins. Bitcoins is slower and transaction fee is higher. so you can't get the full usage of the blockchain due to those shortcomings of bitcoin. but yet again still there is no any other coin that is as popular as bitcoin. so bitcoin is the king. we have to admit it.
July 15, 2018, 02:14:45 AM
Bitcoin is already a crypto and its dominance is there and will remain in future too till the time we see a new coin like bitcoin outshine.
July 15, 2018, 02:08:49 AM
There is no reason why bitcoin will remain the dominant technology
Can you explain why you think so? It does not need to be dominant. It is "based" on a technology that is unique and out-of-the-box. That is enough for BlockChain to be a pioneer for the future.Right now there are technologies that are supposed to excel but no one is known or that is also spread like bitcoin, for example if they all stop mining at the same time, the scale will be resolved promptly. Why can not it be one of ten or twenty or fifty? Each coin has a slightly different utility or structure.
If miners stop mining then this is what that will happen. Say we consider three miners in one certain crypto network. The rewards are being distribute among them three proportional to the amount of Hashpower they put in. If two of them stop mining, then all the reward goes to the third person. Thus making mining profitable for the one who owes loyalty to the chain. July 15, 2018, 02:07:53 AM
As a means of payment, bitcoin could become attractive to future generations. First, it is attractive to make payments without commission. Secondly, bitcoin helps circumvent the restrictions on cross-border movement of capital. I believe that in the future the volume of settlements in bitcoin and crypto-currencies will increase.
July 15, 2018, 02:02:47 AM
Maybe the better question ,"is there any reason why bitcoin wont be the future crypto coin"?
Because i can see more reason for this great coin to be future currency than to be not,
Remember that blockchain is the first technology to be uses here in this community and bitcoin is the first coin as well.so whats the reason for this not to reach future as top coins
Because i can see more reason for this great coin to be future currency than to be not,
Remember that blockchain is the first technology to be uses here in this community and bitcoin is the first coin as well.so whats the reason for this not to reach future as top coins
July 15, 2018, 01:59:38 AM
I mean there really is NO REASON that bitcoin MUST be the crypto in the future. Though it's the only thing we can go off of now because Bitcoin has been the only Crypto that has MEANT ANYTHING during our time. I know that some people will point to ETH and coins like that, but they've always been (and in my mind) always will be the number 2 to bitcoin. Bitcoin is a revolutionary currency which can be changed and fixed, by the people, if they want to see change in the code (such as the LN, segwit, etc)
We don't NEED altcoins, we can pretty much take all of the good things about other coins and merge it into Bitcoin to make it the way that WE want to see Bitcoin. Some people may not agree with Bitcoin being changed like this, but if people can agree on it then it will be done. We'll see what the future holds though
We don't NEED altcoins, we can pretty much take all of the good things about other coins and merge it into Bitcoin to make it the way that WE want to see Bitcoin. Some people may not agree with Bitcoin being changed like this, but if people can agree on it then it will be done. We'll see what the future holds though
July 15, 2018, 01:14:48 AM
yes bitcoi will be the best crypto in the future bcz btc is more advance than other.transaction is easy and btc can proceed huge transaction.
its strong and its best to use.its user frndly
its strong and its best to use.its user frndly
Yes i agree, cryptocurrency like bitcoin can change lives, bitcoin is more than just digital money, its all about equality ,access and its here to reshape the economic fabric of modern society,in bitcoin will surely lead to a better quality of life for all.
July 15, 2018, 12:56:20 AM
Right now there are technologies that are supposed to excel but no one is known or that is also spread like bitcoin, for example if they all stop mining at the same time, the scale will be resolved promptly. Why can not it be one of ten or twenty or fifty? Each coin has a slightly different utility or structure.
the difference is not always good. the changes that some altcoins make is actually making things worse. some designs are in a certain way because that is how they should be and changing it can cause irreparable damage. but altcoins do change those and introduce new flaws in their systems. and that is the main reason for them not being used.
July 14, 2018, 09:55:31 PM
Right now there are technologies that are supposed to excel but no one is known or that is also spread like bitcoin, for example if they all stop mining at the same time, the scale will be resolved promptly. Why can not it be one of ten or twenty or fifty? Each coin has a slightly different utility or structure.
July 10, 2018, 01:39:20 PM
Bitcoin is not the crypto of the future.
IT is already! BTC will keep the top spot for now and the future.
we all know that everything in cryptocurrency starts with bitcoin.
IT is already! BTC will keep the top spot for now and the future.
we all know that everything in cryptocurrency starts with bitcoin.
July 10, 2018, 01:36:41 PM
Of course is a know fact that Bitcoin is the grand father of all coin so is gonna be the future coin worldwide. But this doesn't mean that other coin will go into extinction.
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