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Topic: Will another altcoin rise to overtaken Bitcoin? - page 2. (Read 2778 times)

member
Activity: 431
Merit: 11
I don't think any altcoin will gonna overtake bitcoin today. Bitcoin is always the king and it will should be, there are lots of top altcoins in the market but none of them surpass bitcoin since in the beginning. But who knows in the future if there will be altcoin which gonna take over bitcoin? So it is better to stay tuned.
jr. member
Activity: 652
Merit: 6
In my opinion, many other altcoins want to take over the price of BItcoin, one of which is yearn.finance with YFI token governance shaking the crypto-asset market due to its fantastic price movements, where 1 YFI exceeds the price of 1 BTC, and also tangible benefits. however, even though YFI's price is fantastic, it can't take over Bitcoin because bitcoin will continue to be the number one
full member
Activity: 826
Merit: 105
Altcoins grow, but they will never surpass bitcoin. Right now bitcoin is in the top spot, reputable companies and individuals are actively buying bitcoin.
In my experience, altcoins can only rise in price when bitcoin rises. That means bitcoin is always ahead of altcoins so there is no reason to say that altcoins will beat bitcoin.
legendary
Activity: 3752
Merit: 1415
I think this will happen in the near future because bitcoin falls technologically far behind the times. Transfer speed is really slow. Over time, as technology progresses, bitcoin can even become unusable.

Transfer speed is slow but coins can be developed that change block times to mere seconds, does that make it more usable than bitcoin.  Have ypu heard of lightning network.  Do you think bitcoin and the things around bitcoin will never change?
sr. member
Activity: 1750
Merit: 369
I think this will happen in the near future because bitcoin falls technologically far behind the times. Transfer speed is really slow. Over time, as technology progresses, bitcoin can even become unusable.
full member
Activity: 714
Merit: 104
If you fully understand all the benefits, its functionality and benefits for the community, then there should be no questions about the fact that some altcoin can surpass bitcoin. In addition, I am sure that almost all bitcoin holders who have been keeping coins for almost 10 years will not allow the first cryptocurrency in the world to fall, whose goal is primarily financial independence and safety of every person's savings.
legendary
Activity: 3752
Merit: 1415
Rising in what way? Price? Or market cap?
In terms of price, of course there are many that can compete with bitcoin, developers only need to make coins with a very little supply, and boom the price more than Bitcoin. If it's market cap, I don't think there will be any altcoins that can exceed bitcoin.

I think by default they meant market share or market cap.  Price is reflective of supply so like you said coin price can easily be overtaken, thats not what is up for debate here.
member
Activity: 490
Merit: 11
I believe that the yuan or dollar will one day go digital and become the world's largest alternative to bitcoin.
And the currencies I'm talking about are not that different from stable coins either. Their rates are always determined by the government and reflect the economy.
There are currently no altcoins that can compare to bitcoin by capitalization. Bitcoin is really a store of value and it will be. I just think that the altcoins that provide smart contracts like Ethereum, EOS, Tezos will actually replace each other.
member
Activity: 1120
Merit: 30
Bisq Market Day - March 20th 2023
Bitcoin is different from other cryptocurrencies in the areas of market. Sometimes it may look as if another altcoin want to rise to over take bitcoin place in the market not knowing that bitcoin is well stand in the market.
 Bitcoin is well stand in the market which many investors prefer to invest with bitcoin than to invest with altcoin which is too slow in profit making in the market.

I guess, no altcoin will rise to over take bitcoin because bitcoin is too popular compare to other cryptocurrencies. Many customers prefer BTC exchange than altcoin exchange in the market.
copper member
Activity: 1400
Merit: 103
Rising in what way? Price? Or market cap?
In terms of price, of course there are many that can compete with bitcoin, developers only need to make coins with a very little supply, and boom the price more than Bitcoin. If it's market cap, I don't think there will be any altcoins that can exceed bitcoin.
member
Activity: 228
Merit: 10
with the way the market behaves right now, the dominance of bitcoin will continue to grow. There are many projects in crypto space right now with promising long term potential. But I think none of then at the moment will have great possibility to overcome Bitcoin in terms of market shares. At least not yet in the near future.
hero member
Activity: 1316
Merit: 503
Honestly, in my opinion, bitcoin is the most stable coin in cryptocurrency.
In what way is it stable? Today the price of bitcoin is 10k USD, and tomorrow it could be 5k USD. Do you consider that price change is stable? You seem to have to do more basic math in elementary school.
member
Activity: 243
Merit: 10
Honestly, in my opinion, bitcoin is the most stable coin in cryptocurrency. No one can’t beat them, even a new coin still bitcoin has power to become the best on the market. Its existence influences many people.
hero member
Activity: 3010
Merit: 629
We have been talking about this question for so so many years. Many have thought that Ethereum has been the best contender that Bitcoin has but up to this day after more than a decade, Ethereum has not overtaken Bitcoin. So this discussion would take so many years, maybe decades before a contender would be able to surpass bitcoin. Or maybe something will happen to bitcoin and whoever is the contender will probably succeed at that point. But as I said it will take a very very long time before this question will be answered.
Despite of many altcoins existing nowadays still bitcoin remain on the top. It just shows that no altcoin can replace fiat, it can solve what btc is lacking but it doesnt mean btc will become obsolete. The real competitor is not yet present so lets just accept that bitcoin cant overtake of any altcoins for now.
full member
Activity: 2520
Merit: 214
Eloncoin.org - Mars, here we come!
So far I do not see any such possibility.However, at present quite a few Defy projects are trying to do much better.Hopefully they will do better.However, I am not noticing any coins to top the bitcoin.

I didn't underestimate the possibility that new altcoin will rise up to overtake the dominating cryptocurrency which is bitcoin. But i am wholely trusted to bitcoin, i'd still believe that bitcoin will still dominate and still the synonymous cryptocurrency. ETH may also perform good in the crypto market but then no one beats the market value of bitcoin. I'm just hoping for the best for all crypto coins to uplift their values in the cryptomarket.
You are talking at the present time but OP is asking for the whole existence of Bitcoin and cryptocurrency.it is not now but in future?maybe another 10 years or more/i believe that new Good coins will come and may overtake Bitcoin.
and also the prices will increase insignificant when that time comes.
maybe not in our time now but in the next years things will happen because i believe nothing is permanent in this world.
hero member
Activity: 1498
Merit: 586
So far I do not see any such possibility.However, at present quite a few Defy projects are trying to do much better.Hopefully they will do better.However, I am not noticing any coins to top the bitcoin.

I didn't underestimate the possibility that new altcoin will rise up to overtake the dominating cryptocurrency which is bitcoin. But i am wholely trusted to bitcoin, i'd still believe that bitcoin will still dominate and still the synonymous cryptocurrency. ETH may also perform good in the crypto market but then no one beats the market value of bitcoin. I'm just hoping for the best for all crypto coins to uplift their values in the cryptomarket.
member
Activity: 868
Merit: 15
Bitcoin has not been seen in any currency market yet bitcoin is less likely to outperform other currencies due to rising demand for crypto the prices of other currencies in the crypto market fluctuate depending on bitcoin but if the price of bitcoin goes down then other altcoin can pump up a lot. It will take a long time difficult for other currencies to survive in the face of bitcoin competition.
full member
Activity: 924
Merit: 220
No bitcoin is enough of which using a p2p network and are decentralized unlike in banks that our identity is at stake while they can steal it for their interest. Aside from that they let our money deposited to lend it to someone and gets high interest in it and only few percent of interest will goes to the depositor. Sad but true this is also the reason that in 2007 there was a financial crisis happening after these banks do the form of abuse. And so Satoshi decided to make everything anonymous and decentralized through bitcoin. Bitcoin is the only legit digital currency for now and more than 50% of the reported marketcap volume is for bitcoin. However, other altcoins as well done the same and likely to wanted to get pass bitcoin market.
hero member
Activity: 1792
Merit: 536
Leading Crypto Sports Betting & Casino Platform
We have been talking about this question for so so many years. Many have thought that Ethereum has been the best contender that Bitcoin has but up to this day after more than a decade, Ethereum has not overtaken Bitcoin. So this discussion would take so many years, maybe decades before a contender would be able to surpass bitcoin. Or maybe something will happen to bitcoin and whoever is the contender will probably succeed at that point. But as I said it will take a very very long time before this question will be answered.
sr. member
Activity: 2324
Merit: 263
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
Bitcoin is the brand here. People are using it not because it the best but because is the first. That's all
Not only that, but most people are using Bitcoin at this time because of its widespread belief and always large volume in any market, so it's not just because Bitcoin was born as the first cryptocurrency.
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