Bitcoin can be surpassed by any Altcoins that are more efficient and more useful than the current bitcoin, because of its high fee and slower transaction(I always blame the traffic anyways) Some people said that Ethereum can surpass it cause almost all of the upcoming ICO project are being based on erc20.
This are all just assumptions, theories and unproven claims that they can perform well compared to bitcoin. They need to reach the scale in which bitcoin is operating in first, which is several thousands of transactions per day, before it can be recognized as the altcoin which surpassed bitcoin. 
Topic: One currency to rule them all? - page 5. (Read 648 times)
Bitcoin can be surpassed by any Altcoins that are more efficient and more useful than the current bitcoin, because of its high fee and slower transaction(I always blame the traffic anyways) Some people said that Ethereum can surpass it cause almost all of the upcoming ICO project are being based on erc20.
I don’t think any of altcoin is eligible to take seat of bitcoin, bitcoin is of unique nature its profit rates are also high see positivity of bitcoin and tell name of any altcoin which is progressing impressively nowadays.
Bitcoin can be surpassed by any Altcoins that are more efficient and more useful than the current bitcoin, because of its high fee and slower transaction(I always blame the traffic anyways) Some people said that Ethereum can surpass it cause almost all of the upcoming ICO project are being based on erc20.
When I was new in cryptocurrency, I wondered why there are many digital currencies circulating in the market? At first, I was confused by the purpose of different cryptocurrency since I've thought they are all the same but different in names and logos.
When I was started to join in the campaign, I've found out that there are different specs and usage of each coin. Some of them are secured coin, for large investment or small investment. They are the result of successful ICO.
Now, I am thinking that it might not good for the market to have just a few numbers of cryptocurrency. There will become a centralization with the remained crypto and may cause to a great crash since the people do not want to invest in a centralized manner.
Projects regarding in cryptocurrency might also lose.
When I was started to join in the campaign, I've found out that there are different specs and usage of each coin. Some of them are secured coin, for large investment or small investment. They are the result of successful ICO.
Now, I am thinking that it might not good for the market to have just a few numbers of cryptocurrency. There will become a centralization with the remained crypto and may cause to a great crash since the people do not want to invest in a centralized manner.
Projects regarding in cryptocurrency might also lose.
We are lucky to have a nice choice panel between eth, neo, lumen to counter the BTC
Probably not one currency, but the number of coins will be reduced drastically in the long run. Right now there is a "coin inflation", if you will, because a lot of people are trying to corner the crypto market by being the first movers. But once the dust settles, the number of coins will go down for sure.
It seems to be happening in waves: in 2014/15 there was a boom for new coins and literally hundreds of them were created, but they just went to be obsolete with few exceptions (doge, for that matter) when the wave has passed. Now there is a new wave but it will pass too. What remains after each new wave passes are those hundreds of coins worth a fraction of a dollar on coinmarketcap.com I personally think it will most likely be a couple of coins that will be highly used; but that's just my guess. Probably something like, bitcoin for bigger transactions, and litecoin for smaller ones; and ofcourse there's monero for private transactions(not necessarily illegal transactions).
P.S. I don't like Nano.
P.S. I don't like Nano.
I agree with your opinion. I think this division would be appropriate. Now the cost of bitcoin's transaction in the network is getting cheaper. Therefore, I do not think that there will be six such currencies. One, two or three is the maximum.
Bitcoin could easily become the most popular currency in the world so I guess it has potential to rule the other ones
Bitcoin can just rule on CoinMarkerCap, to be 1 place and to have the highest
price. In all other terms other alt-coins are separate chains and many of them
do not depend from bitcoin, just in term of trades when they are paired with Bitcoin.
World needs many currencies, currencies should protect territorial economy, some
industry's, and for more and better answers you need to read economy a lot, I forgot
many things.
Try to think of that like separate systems that needs each other to live and produce.
We need multiple currencies, that is why I believe that many alt-coins have a future in
this world beside Bitcoin. We need to work on having them along with Bitcoins, that is
my plan.
I don't think that will be happening any time. There might be fewer crypto currencies that managed to survive the market and with unique features. But they all will prevail the market and be used side by side just like gold and silver. The chances of only coin dominating the whole market is low since that one coin will not be able to give all the features available on other coins.
Bitcoin could easily become the most popular currency in the world so I guess it has potential to rule the other ones
You allowed 6 but not allowing others? I mean there are a lot of coins right now but it doesn't mean that we should not follow bitcoin, of course bitcoin is the king of all crypto. There's nothing to deny that. But a one currency to rule all of them? I don't think that's possible. Bitcoin is numbering out the coins by its potential.
i highly doubt there ever be one supreme coin are even 10 coins .Jesus just looks at all the new coins coming otu not to talk about all the forks 2
Maybe this has been brought up a million times, but looking at the current goals of a lot of financial apps. Do you think eventually it will just be something like BCC, LTC, NANO that is most highly adopted and just runs the others away?
Or, will it come to atomic swaps, where we have steadier market prices, and you can just pay with 6 different currencies to be converted over for payment?
Or, will it come to atomic swaps, where we have steadier market prices, and you can just pay with 6 different currencies to be converted over for payment?
Yes I agree that if we have one currency,the world will have one order and one ruler or one presidency to ruled the whole world. In that case we will have a one world government that will rule over the world. To control one policy to the whole world to implement a high technology government to all nations. This is the big thing issue to the whole world for a hightech world. That will bring all people to connect in an electronic technology to be operate in the bodies of all mankind.
The number of coins will probably be reduced to only essential projects that will be fully integrated into our day-to-day life. In order t be succesfull, these coins will have to be interchangeable between blockchains, this can be done by implementing sidechains that connect with each other to allow for interoperability.
Probably not one currency, but the number of coins will be reduced drastically in the long run. Right now there is a "coin inflation", if you will, because a lot of people are trying to corner the crypto market by being the first movers. But once the dust settles, the number of coins will go down for sure.
before we used to have only US dollar as one currency but bitcoin is the currency for net citizens and bitcoin will rule the internet here onwards all demonisation will be in satoshi
I personally think it will most likely be a couple of coins that will be highly used; but that's just my guess. Probably something like, bitcoin for bigger transactions, and litecoin for smaller ones; and ofcourse there's monero for private transactions(not necessarily illegal transactions).
P.S. I don't like Nano.
P.S. I don't like Nano.
Maybe this has been brought up a million times, but looking at the current goals of a lot of financial apps. Do you think eventually it will just be something like BCC, LTC, NANO that is most highly adopted and just runs the others away?
Or, will it come to atomic swaps, where we have steadier market prices, and you can just pay with 6 different currencies to be converted over for payment?
Or, will it come to atomic swaps, where we have steadier market prices, and you can just pay with 6 different currencies to be converted over for payment?
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