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 like a central banks to other cryptocurrencies and as such it has to dominate the market. We are at the time when bitcoin is drawing many others coins along with it if it is getting bullish and likewise bearish trend. I think other coins can only grow when bitcoin is growing and if you want to invest in any other coins you have to see what is happening to bitcoin first. 
Topic: Till date, why is there no crypto that is near Bitcoin's worth? - page 4. (Read 539 times)
November 09, 2018, 03:25:17 AM
November 09, 2018, 03:20:54 AM
a very good question and i hope more people start asking such questions.
there is a very serious problem in the altcoin market and it has existed from early days but it is only becoming worse and worse as the time goes by. the problem is that people care only about making money and nothing else. you can clearly see that the focus of majority of new projects these days is to make money and nothing else. this goes as far as killing innovation! we haven't had any good innovative project for a very long time and even if we have some it will be buried under the pump and dump coins!
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.
there is a very serious problem in the altcoin market and it has existed from early days but it is only becoming worse and worse as the time goes by. the problem is that people care only about making money and nothing else. you can clearly see that the focus of majority of new projects these days is to make money and nothing else. this goes as far as killing innovation! we haven't had any good innovative project for a very long time and even if we have some it will be buried under the pump and dump coins!
Bitcoin is simply perfect and unique both in usefulness and even the name
wrong. bitcoin is pretty good and has lots of usages but it is far from perfect. there is a lot of room for improvement and that means there is opportunity for competition.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.
November 09, 2018, 03:10:54 AM
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.
BTC is a coin that can be said to be a surge in price and no one understands why the BTC price so high, so I think we should consider before investing in electronic money. At present, the price of coins keeps going down, no coin rising as BTC. November 09, 2018, 03:03:36 AM
I think its how established bitcoin has been as a brand. Since it is the oldest crpto out there many people have trust in its use and structure unlike new ICOs whereby some of them might be a scam.
November 09, 2018, 03:02:07 AM
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.
'it seems true because so far no one has been able to approach bitcoin because bitcoin is a very strong coin to pump up the price, so whenever that bitcoin will still be king or number one coin in the crypto world
November 09, 2018, 02:56:35 AM
BTC is the first crypto and all coins are pared with BTC. so usage of BTC is so high. also its the most using crypto currency in stores and airports. but in near future i think other coins also will catch BTC price . because new coins have better tech than BTC
November 09, 2018, 02:09:57 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?
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.
November 09, 2018, 01:50:14 AM
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.
November 08, 2018, 05:19:18 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
November 08, 2018, 04:44:11 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?
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