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?
Bitcoin was the first cryptocurrency that people found out about. And so far, apparently, most of the people have heard only about Bitcoin. The media raised the hype also almost only mentioning Bitcoin, when the cryptocurrency began to rise in price. In this regard, the majority of the population of the planet, who know about the existence of cryptocurrency, heard only about Bitcoin. This is the reason why bitcoin is in great demand, and there are no other cryptocurrencies. 
Topic: Till date, why is there no crypto that is near Bitcoin's worth? - page 3. (Read 557 times)
November 09, 2018, 11:28:18 PM
November 09, 2018, 11:14:05 PM
This requires a technical breakthrough, but it is very difficult. The technological revolution can make a breakthrough. I believe that Bitcoin will be surpassed in the future, but the coins that can now surpass it have not yet appeared. Bitcoin is still the king of cryptocurrency.
November 09, 2018, 06:00:06 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?
because people believe if bitcoin is the king of cryptocurrency,, and i think there will be no crypto can beat the bitcoin price my friend
so, they trade cryptocurrencies to collect more bitcoin
November 09, 2018, 05:35:30 PM
Probably due to trust. Many people still prefer bitcoin over other crypto coins especially the new projects. Mostly trade their alts into bitcoin when they gain profits. Actually I did the same, its but I trade it to ethereum instead of bitcoin.
I think.so, and the trust come from.the community. Till.this day, even in bearish, Bitcoin price is still more expensive than last year. But you can see others, the prices is cheaper than last year
November 09, 2018, 05:31:01 PM
Bitcoins marketcap is around $110-B and the next one (#2) is Ethereum and its total market cap is $21-B.
So that's far from bitcoin and no other coin can surpass it because bitcoin is the number one choice of most in the community.
So that's far from bitcoin and no other coin can surpass it because bitcoin is the number one choice of most in the community.
November 09, 2018, 05:30:54 PM
I recall that primalbase token at the early stage surpasses bitcoin price, why? probably because the initial price was set to be high but however it seems the community have forgotten this coin, now only left a half of value and the volume is shrinking.
November 09, 2018, 05:25:38 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?
Bitcoin is doing great on its own until some fraud people launch coins and do an ICO and this has messed up everything, Bitcoin gives 100% trust to Bitcoin because this is a true decentralized coin in the market today being the original and the one that started it all, people will always trust Bitcoin even if there are so many fork in the market.
November 09, 2018, 04:59:40 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?
Even if you continue to ask this question and search for another 10 years, I am quite sure you won't see any coin that can match up with the worth of Bitcoin. Bitcoin is the Alpha and Omega of cryptocurrency, the beginning and the end. No other coin can measure up to it. November 09, 2018, 04:39:56 PM
The answer is very simple, because bitcoin is the best known crypto and the only one that was able to spark the interest of large investors such as institutional investors. It is no wonder that it is the only crypto that is possible to trade Futures and that is awaiting the approval of the ETFs.
November 09, 2018, 01:39:33 PM
Community trust. Maybe that's the reason I have, in my opinion until the price of bitcoin can be very high as it is today because there are many people or investors who believe in bitcoin as a good place to invest. Unlike other altcoins that sometimes still make investors feel doubtful.
November 09, 2018, 01:15:58 PM
maybe it is also because that bitcoin is supported by many large asic miners and thus has the strongest network. no other coin has such a network and therefore maybe not such a price, but that is just my guess and no specialist knowledge.
November 09, 2018, 01:08:25 PM
This is a big technical question but the response is not far fetched
We could start by analysis the growth stages, development and acceptability (the use case)
Why is there no crypto that is older than bitcoin ??
Bitcoin is simply perfect and unique both in usefulness and even the name
We could start by analysis the growth stages, development and acceptability (the use case)
Why is there no crypto that is older than bitcoin ??
Bitcoin is simply perfect and unique both in usefulness and even the name
So far nobody beats the King of Crypto no matter what are the pretenders are saying against it. The originality of the first one has been one of the biggest advantages of Bitcoin and this can be going on for the next few many years maybe. No coin is able to detached itself from the movement and influence of Bitcoin so all of them are just possible heir to the throne. We still do not know if there can be a time when Bitcoin can be dislodge from its prominence and which heir can take the crown. All the shenanigans of people who are pushing their own self-vested interests are just that...shenanigans!
November 09, 2018, 12:56:02 PM
I think it is because bitcoin is the most trusted coin of all than any crypto in the market, even it is too expensive and yet more people want to invest on it or converted their altcoins to become bitcoin.
You are right, BTC is more popular and trusted coin in crypto trading. People were shocked last year after seeing it was over the moon and this made them to trust most and they started investing in this coin.
November 09, 2018, 12:54:57 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?
to me, the answer is always the same - btc was the first to get such a promotion, the first in general and it has never been a scam. it has a reputation, a name, so people tend to trust it November 09, 2018, 12:42:45 PM
That is simply because each and every coin is unique with its own coin economy, popularity, use cases and multiple other factors, so i do not thing its about comparing prices, the strongest btc contender is eth but then again eth has larger supply although at the moment eth is very undervalued but i do not think even eth can grow more than btc, certainly not in near future.
November 09, 2018, 11:58:11 AM
Other altcoins are not close to bitcoin in value because bitcoin is way far developed and trusted than altcoins, most altcoins developers ain't committed to the development of the project whitepaper and roadmap like bitcoin has done over the years. All altcoins can achieve the tremendous growth and success like bitcoin if they can work hard in the development of the project
November 09, 2018, 03:34:52 AM
The answer to this question might be very simple or complex. The simple answer is because there is no Cryptocurrency until this very moment has a value greater or even equal to the value of Bitcoin. The long answer would be even tho there is a lot of coins surpass Bitcoin in term of technology no coin will surpass or come close to Bitcoin value because the value of Bitcoin is, not in the technology it present at the moment, there are a lot more factors that weight in Bitcoin side, for example, Bitcoin is the first cryptocurrency ever and it is the backbone of the whole Cryptocurrencies.
November 09, 2018, 03:27:30 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?
Supply and demand are two things that can create prices, Bitcoin can reach its current price because it is rare and has high market demand, while most Altcoins have a lot of supply and their market demand is lower than Bitcoin, these differences make Altcoin prices tend to be lower than Bitcoin 
November 09, 2018, 02:38:59 AM
First of all it should be a crypto currency that based on technology stronger than bitcoin, it should be accepted be whole crypto community, allow payments and transactions with misery commission fee and should bound all crypto currencies. I think it will never happen.
November 09, 2018, 02:34:46 AM
How long has Bitcoin existed? How old are these altcoins?
I do not know whether an altcoin will come near Bitcoin's worth but these altcoins also need time to established themselves. Many among them are just around two or three years old.
I do not know whether an altcoin will come near Bitcoin's worth but these altcoins also need time to established themselves. Many among them are just around two or three years old.
Jump to: