Topic: Till date, why is there no crypto that is near Bitcoin's worth? (Read 557 times)
If worth is in terms of value, there a lot of cryptos higher than Bitcoin in terms of price but usually with very low market cap and supply. It is already known that the price of every crypto is the market cap divided by the circulating supply, for a coin with 100 circulating supply and maybe a marketcap of $1,000,000 will have a coin higher in price than Bitcoin
November 19, 2018, 08:05:46 AM
We cant make any possible comparison of prices from bitcoin to just a new launched coin. Bitcoin's price reached that peak due to long time lapse. In 2010, bitcoins price was just a cents, and not it is peaking. So we cannot make simple comparison on it on the tokens that is just newly created and compared to bitcoin.
November 19, 2018, 04:56:02 AM
A lot of coins maybe have the most tpx, but if nobody uses it, is it worth something? My bet is on the blockchains who have the biggest communities and connections to businesses and have decent or better tech. The phrase "better tech wins" is just not true.
November 17, 2018, 05:18:44 PM
The worth of altcoins in comparison to that of BTC is more of that of trust than price. Bitcoin seems to be the most trusted crypto out there in the space and even those outside know BTC before any other coin. Also, it has the biggest community than any other alt
November 17, 2018, 05:16:22 PM
With thousands of new cryptos and new ones coming daily. Why don't we still have any coin that is close to Bitcoin's worth?
There are many possible reasons why bitcoin remain on top of the cryptos. First of all, cryptomarket at this moment is on downtrend giving a hardtime for cryptos to have a price increase. Another thing is the demand from the community of users. Bitcoin is a huge crypto due to its large community of users. Its market value havr continuously grew. And also, how long does bitcoin exist has a huge impact. November 17, 2018, 05:09:31 PM
The reasons are simple and clear, bitcoin have been existing for approximately a decade now and those that developed it are really committed and didn't do it because of selfish interest unlike it's widely practiced by ICOs today and second thing is bitcoin has earned trust of people resulting in wide adoption of bitcoin translating into huge demand and supply of bitcoin that make it grow like this and never stop growing.. Other cryptos have to fully develop their roadmap conscientiously to grow well and possibly match up with bitcoin
November 17, 2018, 04:57:32 PM
BTC is the first crypto coin and with regards to How long it has been in existence, it is therefore trusted by multitude unlike other coins that sometimes turn out to be a scam.
It isn't only about the trust but its about the adoption that its getting worldwide.People don't just want to use and invest to a coin that's not so familiar with them and bitcoin has real usage. Unlike other coins that are also taking the title of bitcoin and wants to replace its throne, they don't have use case and that's why it can't take over bitcoin's worth. Maybe someday in the future, a coin will reach $5,000 - $10,000 but imagine on how high bitcoin would be by that time.
November 17, 2018, 04:49:35 PM
Bitcoin is definitely the most recognized out of all the cryptos out there. There are people to whom you can say Ethereum or Ripple and they don't have a clue what you are talking about. But when mentioning Bitcoin they immediately know that BTC is a cryptocurrency.
To be honest, there are 3 coins that indeed are worth more than BTC is, but the 3 ain't popular or widespread through exchanges so they have no liquidity at any kind.
To be honest, there are 3 coins that indeed are worth more than BTC is, but the 3 ain't popular or widespread through exchanges so they have no liquidity at any kind.
November 17, 2018, 04:29:31 PM
One reason is that Bitcoin and Ethereum are the only cryptos that have sufficient liquidity in the market with fiat currency parity while other crypto are usually traded only with Bitcoin or Ethereum parity.
November 17, 2018, 04:21:57 PM
Worth in terms of price of bitcoins? then no. But worth in terms of the value of the asset in particular, then I say yes there are crypto tokens that since it was enlisted on exchange has given a return similar or more than bitcoin has given back.
November 17, 2018, 04:19:31 PM
BTC is the first crypto coin and with regards to How long it has been in existence, it is therefore trusted by multitude unlike other coins that sometimes turn out to be a scam.
November 12, 2018, 05:02:15 AM
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otherwise i strongly believe that if some day we see a really good cryptocurrency that actually solves some of bitcoin's problems (instead of pretending in their advertisements) then it can become as big as bitcoin if not bigger.
I think it is because bitcoin is the most trusted coin of all
i disagree. i believe it is because others are not-trusted and bad.otherwise i strongly believe that if some day we see a really good cryptocurrency that actually solves some of bitcoin's problems (instead of pretending in their advertisements) then it can become as big as bitcoin if not bigger.
Looking at how slowly Bitcoin adoption has been going, we can imagine how much time it would take for people to believe in a new coin even if it was much superior in many ways. Theoretically it could take 10 years for such a coin to replace BTC, but in practice I think it will never happen. The thing is that Bitcoin doesn't stay stagnant and wait until some other coin will surpass it. It is, in fact, a living and continuously evolving project with a great team behind, which makes it almost impossible for another coin to replace it. In short, I believe that Bitcoin can solve its problems by itself faster than a coin in which those problems are solved can be adopted on a large scale.
November 12, 2018, 04:29:28 AM
I think investors are not ready yet to switch to altcoins. Because the market dominance of Bitcoin is very big at this moment and I hope things will change with the upcoming bull run trend. It is time for a new crypto to be on the top.
November 12, 2018, 04:22:36 AM
With thousands of new cryptos and new ones coming daily. Why don't we still have any coin that is close to Bitcoin's worth?
Because no coins were much old as bitcoin so the bitcoin is more recognized and it has more demand so the price also more when compared to the new infants which aslo just same as the bitcoin in the action.But any coin can be worth as much or more than bitcoin when it has enough demand for that so it based on their usage will be determined, 
November 12, 2018, 04:18:04 AM
With thousands of new cryptos and new ones coming daily. Why don't we still have any coin that is close to Bitcoin's worth?
There is none. You have to take into account a lot of factors like the fact that bitcoin was the first coin in the market, it was a year before another cryptocurrency was made after bitcoin came out. Bitcoin has had a lot of time to evolve and mature for it to get to the point that it is right now. It will take the other coins time to get to the point that bitcoin is now
November 10, 2018, 04:49:00 PM
By market dominance we can see that Bitcoin one side and all others coin one side. 
Hard for other coins to fight with Bitcoin single hand. All we know in the crypto world all prefer for the Bitcoin first. Trust and faith of community. 
Hard for other coins to fight with Bitcoin single hand. All we know in the crypto world all prefer for the Bitcoin first. Trust and faith of community. November 10, 2018, 04:39:11 PM
You know bitcoin is giant for crypto, that is mother of cryptocurrency and of course we are no doubt if buy bitcoin. Also Bitcoin using for trading pair in any coin, that one reason we can't stop btc's popular and make people go out with their btc.
November 10, 2018, 02:11:01 PM
The market of crypto-currencies is relatively young, and to repeat the fate of Bitcoin, or to reach such a price level is impossible at the moment, because Bitcoin is the first crypto-currency with its unique technology. Let's see how the events will develop further and who can compare with Bitcoin in the future.
November 10, 2018, 01:05:48 PM
To date there is no crypto that comes close to bitcoin in terms of usability and adoption. It's also one of the most decentralized of coins. Finally it was the first so already had a big advantage over the others.
November 10, 2018, 01:02:12 PM
With thousands of new cryptos and new ones coming daily. Why don't we still have any coin that is close to Bitcoin's worth?
indeed many new coins are coming but that does not guarantee that it can compete with bitcoin and other altcoins and that it takes a long time for new coins to compete at the current top altcoin there are some that in my opinion have a high potential to approach the price of bitcoin in the future, namely ETH, NEO and EOS. The altcoin has a clear concept and large volume. Jump to: