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Topic: The superiority of Bitcoin - page 4. (Read 2005 times)

full member
Activity: 560
Merit: 121
July 21, 2017, 04:33:57 PM
#4
There are alternatives to bitcoin, and some of them are very big, like Ethereum or Litecoin. However, no such alternative has matched the value of bitcoin, in terms of market cap. Bitcoin shares much less of the total cryptocurrency cap now than it did a while ago, but I do not think it will be overtaken for some time, if ever.

You mean in status and demands, still bitcoin is ranking number 1 even though ETH and litecoins tried to surpass bitcoin?
member
Activity: 70
Merit: 10
July 21, 2017, 04:28:50 PM
#3
Hey folks! I just wonder, what is with Bitcoin that until now it is still in it's peak and still unbeatable. Has not any one ever invented a new/other currency that matches the value of bitcoin? And if there would be What should it take for a new currency for instance to match the value level of bitcoin? Has anyone here ever thought that a new currency more superior than bitcoin could come out one day and bitcoin value would decrease or fall?

ETH would have to approximately double to match bitcoin's price. Not much for a cryptocurrency, and it is a much younger currency. And that's despite bitcoin's first mover advantage.

My opinion of ETH is pretty low to say the least so it wouldn't take that much for a good currency to overtake I guess. It goes to show how much damage has been done to bitcoin those last few years.
legendary
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Please do not PM me loan requests!
July 21, 2017, 04:03:45 PM
#2
There are alternatives to bitcoin, and some of them are very big, like Ethereum or Litecoin. However, no such alternative has matched the value of bitcoin, in terms of market cap. Bitcoin shares much less of the total cryptocurrency cap now than it did a while ago, but I do not think it will be overtaken for some time, if ever.
full member
Activity: 560
Merit: 121
July 21, 2017, 04:01:19 PM
#1
Hey folks! I just wonder, what is with Bitcoin that until now it is still in it's peak and still unbeatable. Has not any one ever invented a new/other currency that matches the value of bitcoin? And if there would be What should it take for a new currency for instance to match the value level of bitcoin? Has anyone here ever thought that a new currency more superior than bitcoin could come out one day and bitcoin value would decrease or fall?
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