Topic: Will Bitcoin lose market share? (Read 860 times)
This kind of thoughts are normal and people think this kind of thing only because the fall of bitcoin and they are loosing their faith on bitcoin but it will never lose market share.
It is theoretically possible that anyone can come up with an equivalent or more user base, market volume, utility value and price to replace the Bitcoin. There are many good coins out there but as of now, I don't see any coin having that potential to replace Bitcoin at least in the next 5 to 10 years from now. Bitcoin is a dominant currency in the crypto sector and I don't see any reason for it, not to.
maybe, I don't know what will happen in the future especially in terms of IT technology. but bitcoin has a strong influence in the investment industry even though its value for now falls deeper. there are many crypto experts who predict that in the future bitcoin will increase even higher
I disagree, bitcoin might be old but it's not obsolete. It's not gonna lose it's market share
at all, volatility is an impending and defining factor with bitcoins and cryptocurrencies.
People might say that it's not the best but it sure is the most expensive and pricey.
at all, volatility is an impending and defining factor with bitcoins and cryptocurrencies.
People might say that it's not the best but it sure is the most expensive and pricey.
Bitcoin will not lose its dominance as it is the first ever coin in the world of crypto. This coin is the founder of this volatile place that later can goes into pump and in just a moment dump. There are more businesses out there and some of them doesn't have a choice in the future but to connect into bitcoin partnership in order to make their business much effective.
It is pretty early to say that bitcoin will lose its market share due to its obsolete technology. Still the crypto world can be considered in its early stages only. Many new altcoins have been developed which are far more advanced than bitcoin. However, investors has not lost their confidence in bitcoin. If bitcoin manages to update its technology that becomes comparable to that of altcoins, it will surely remain number one only.
If you refuse to innovate day by day, you will be backward with the world. That has been proven, for example, the Nokia that you mentioned. But bitcoin is different, always changing, constantly growing, gradually it becomes a part of the market. Bitcoin loses market share only when it stops growing.
There need to be some sort of upgrade for the bitcoin in terms of it's functionality to be the market leader.
Yes, in the past we have seen many examples that being first does not guarantee that it will always be number one for always. BTC might be an exception in this case if it keeps making new advances in its technology. this way it will always be ahead of others.
If you refuse to innovate day by day, you will be backward with the world. That has been proven, for example, the Nokia that you mentioned. But bitcoin is different, always changing, constantly growing, gradually it becomes a part of the market. Bitcoin loses market share only when it stops growing.
Undoubtedly, everyone knows the name of Nokia, and, with its words, quality and performance are brought into the minds of individuals. Nokia was one of the first mobile phone companies in the world. In 1998, Nokia was able to rely on the royal palace of the mobile phone companies, and the largest share of mobile phone sales. But with the advent of Apple's phones and Android phones, the share of Nokia has fallen sharply so that they were eventually bought by Microsoft in 2013.
In my opinion, Bitcoin has a way that Nokia. Bitcoin technology is old compared to other Altcoin. Bitcoin was the first, but perhaps not the best.
Compared pretty interesting, I also hope one day there is a altcoin can replace the BTC door location! In my opinion, Bitcoin has a way that Nokia. Bitcoin technology is old compared to other Altcoin. Bitcoin was the first, but perhaps not the best.
Undoubtedly, everyone knows the name of Nokia, and, with its words, quality and performance are brought into the minds of individuals. Nokia was one of the first mobile phone companies in the world. In 1998, Nokia was able to rely on the royal palace of the mobile phone companies, and the largest share of mobile phone sales. But with the advent of Apple's phones and Android phones, the share of Nokia has fallen sharply so that they were eventually bought by Microsoft in 2013.
In my opinion, Bitcoin has a way that Nokia. Bitcoin technology is old compared to other Altcoin. Bitcoin was the first, but perhaps not the best.
I also think bitcoin possible to loss its market share but it takes a long period of time because bitcoin are usually popular than others on which most of the people already knew and invested on it and the government in the different country started to make a law that making it legal that everyone can be easily to use it in their daily life. In my opinion, Bitcoin has a way that Nokia. Bitcoin technology is old compared to other Altcoin. Bitcoin was the first, but perhaps not the best.
yeah you right but only time will know bitcoin can do it for long, because for now to many coin in the market wants to be the best so bit coin will have more competitor.
which part of the market, of course, bitcoin has lost, but it has not lost its popularity among many people of great interest in investing in bitcoin and I think that soon this interest will be justified by the large and rapid growth
Bitcoin tidak akan seperti Nokia, Bitcoin akan menjadi mata uang digital nomor 1 didunia. Jadi saya yakin bitcoin tidak akan kehilangan pasar.
Bitcoin has already been surpassed in terms of technology and features, but crypto is a different market to mobile phones. They don't have scam phones, pump and dump groups, and worthless shitphones. This is why bitcoin will always be number 1
Bitcoin will never lose in sharing market and will continue growing up, as long as many investor to come bitcoin will never lose, bitcoin will never end and that the most trusted and the most popular cryptocurrency that many investors had been investing compared to the other altcoins.
Very good opinion and I agree with your opinion.Yes, it's true that bitcoin will never lose in any case, including in the market or in investment, even many investors trust bitcoin as the best coin and many people believe that bitcoin has a good future because bitcoin always grows rapidly.
I shared with the same opinion. Its a no and will not lose a market share since its the pioneer crytptocurrency and still it has a loyal follower. It can share its marketshare to some crypto but bitcoin will remain in my opinion.
Bitcoin has to step up as the new coins are offering better products. I know the core team behind Bitcoin can do this. They are composed of brilliant people. Bitcoin is the most trusted of all coins so there is no reason why Bitcoin will simply vanish in the face of younger coin influx. Nokia was the same. It was just that they decided to get absorbed by Microsoft. They could have decided to fight on.
Undoubtedly, everyone knows the name of Nokia, and, with its words, quality and performance are brought into the minds of individuals. Nokia was one of the first mobile phone companies in the world. In 1998, Nokia was able to rely on the royal palace of the mobile phone companies, and the largest share of mobile phone sales. But with the advent of Apple's phones and Android phones, the share of Nokia has fallen sharply so that they were eventually bought by Microsoft in 2013.
In my opinion, Bitcoin has a way that Nokia. Bitcoin technology is old compared to other Altcoin. Bitcoin was the first, but perhaps not the best.
the development of technology no one can know for sure if your comparison is an object that is nokia i think crypto currency is not an object but an economic system that uses technological progress In my opinion, Bitcoin has a way that Nokia. Bitcoin technology is old compared to other Altcoin. Bitcoin was the first, but perhaps not the best.
bitcoin will never lose market share, because bitcoin is a very popular digital money and many investors want to invest, because bitcoin is a very profitable investment place, so bitcoin will not end and it will not lose market share.
In 2017, investors are looking for the next digital currency that can replace Bitcoin. More and more investors are interested in the ICO and altcoin markets, which has led to a sharp drop in the market value of Bitcoin from December.
However, since investors have recently realized that the top five currencies of the investment market share will be the safer insurance option, they will return to the embrace of mainstream currency, especiallay BTC.
However, since investors have recently realized that the top five currencies of the investment market share will be the safer insurance option, they will return to the embrace of mainstream currency, especiallay BTC.
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