Topic: Will Bitcoin lose market share? - page 6. (Read 860 times)
Actually Nokia failed to realise the market update and it just felt comfortable in staying with hardware and it failed to update its software.But bitcoin is totally different thing and even various organizations and even government sectors have started to utilise the blockchain technology in which bitcoin works.
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 like you. Bitcoin is a pioneer, but it's not the best, the cost of Bitcoin trading is expensive and slower than many altcoin. That's the proof of that. 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.
if it's not the best, then what's the best here? never mind, just follow the developments that occur and take advantage of the best opportunities that exist, while bitcoin still has value so it's still good we use and fight for. 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 think this is correct. Once everybody knows about AML BitCoin, this coin will make it to the top spot.
I think cell phone technology and Crypto is a bit different and requires a huge amount of trust with your investment. A cell phone just seems different to me. Bitcoin is not the most technologically advanced but ti's still#1. Bitcoin 1st mover advantage is very real and very powerful.
this can happen, but I hope the best. if bitcoin dies, there must be a coin that changes. but I'm still not sure that bitcoin will die.
If the market share you're talking about is the price of bitcoin, then you're probably wrong. Bitcoin will never ever lose its price. Bitcoin will never go down 1 dollar again. That's a fact. Bitcoin has gone through those things and proved that it is sturdy.
You need to look at what Bitcoin is being used for first and how it help in cryptocurrency , Nokia might lost it's market share because they use case or software were not that comply what the world are using now but Bitcoin in it's own case is the major use of the cryptocurrency so I don't think we should call it old or will be term as old in near future.
Right now, while most people are watching bitcoin as the king of cryptocurrency and the real mover of the whole market , it will maintain it's huge share of the market (nearly 48%) .but once it stabilize , people will shift their money to alt coins simply because they are already in the dip and once they recover , we can see 5-10x jump easily.
Well, looking at your point of view, i understand why you are asking whether bitcoin is going to lose its market share. I don't think bitcoin is going to lose its market share. Although altcoin blockchain platforms are the upgraded version of bitcoin's blockchain platform, i believe the developers of bitcoin will be upgrading bitcoin very soon. Moreover, the crypto world recognizes bitcoin more than any other crypto.
Well Nokia is just a part of a technology but bitcoin is the origin of the crypto currency and at that using the events that has happen with Nokia to analys the feature of bitcoin is wrong, all the altcoin we have are all part and parcel of bitcoin and at that their can never out grow bitcoin at any point bitcoin will remains the king of crypto
Yeah! We all know the sad story of Nokia. But i think in the mobile industry and in the crypto industry is little bit different. One thing you notice absolutely right, other many Altcoin now comes and they have update technology. Ethereum is the main competitor for Bitcoin. But now Bitcoin is the most popular and leading in this industry. In the end nothing would impossible.
In the medium term, bitcoin does not threaten anything. In the long term, if bitcoin does not solve his problems and does not become a full-fledged means for payments, then the alts will bypass him.
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.
whenever there is a fall in the market, everyone gets panic. every time the bitcoin falls, the market volume is literally melted. but the market share did not change much.
I highly doubt any coin can displace Bitcoin as the top crypto currency. First mover advantage is huge and bitcoin is the only crypto coin that most people know. BTC also has the most secure network with the massive amount of electricity that is used to mine . The only thing that scares me is if governments try to establish their own crypto coin and displace bitcoin, but I don't think they will be able to.
Bitcoin will continue to be in the market compared to the negative thinking about Bitcoin, if this old technology is outdated as you feel, then you better stay away from this forum, go and follow your best coin site, link and stay there forever. Look at the market preview, where is Bitcoin now? it might have a few down streams at the price but remember that this is only a glitz market, it will fix itself. Bitcoin is number one among all ALT coins as posted on the international market. Thanks
the difference is that Apple and Android has been good products instead of being pure shit.
bitcoin was NOT the first but it is the BEST among the existing cryptocurrencies. it may not be the best thing you can hope for because it is not perfect but nothing is ever perfect in the world.
calling bitcoin technology "old" is like calling a 3 month old infant an "old timer".
Bitcoin is not the best right now, the thing is it's a trademark and everybody when asked about cryptocurrencies will name Bitcoin in the first place. After a bigger adoption of cryptocurrencies, Bitcoin will give his crown to someone else.bitcoin was NOT the first but it is the BEST among the existing cryptocurrencies. it may not be the best thing you can hope for because it is not perfect but nothing is ever perfect in the world.
calling bitcoin technology "old" is like calling a 3 month old infant an "old timer".
Nokia got 90% of all user worldwide, meaning nokia didnt have any big competitor's at that time, so nokia gains a tons of money (achievement), after that apple and andriod exist, for more high and advance tech, no doubt that you have to choose this two instead of nokia, but its a mystery for me that why nokia didnt complete this two leading phone now?
This scenario is pretty far in crypto, although you have a point on that but crypto is different on phones, obvioulsy there is no investment involve when you buy a phone, the only one who can earn is the manufacturer and not the costumer (client), while in bitcoin every time you buy/invest in bitcoin the potential to gain a profits is high and no doubt about that. Because it is proven many time,
This scenario is pretty far in crypto, although you have a point on that but crypto is different on phones, obvioulsy there is no investment involve when you buy a phone, the only one who can earn is the manufacturer and not the costumer (client), while in bitcoin every time you buy/invest in bitcoin the potential to gain a profits is high and no doubt about that. Because it is proven many time,
the difference is that Apple and Android has been good products instead of being pure shit.
bitcoin was NOT the first but it is the BEST among the existing cryptocurrencies. it may not be the best thing you can hope for because it is not perfect but nothing is ever perfect in the world.
calling bitcoin technology "old" is like calling a 3 month old infant an "old timer".
Bitcoin is not the best right now, the thing is it's a trademark and everybody when asked about cryptocurrencies will name Bitcoin in the first place. After a bigger adoption of cryptocurrencies, Bitcoin will give his crown to someone else. bitcoin was NOT the first but it is the BEST among the existing cryptocurrencies. it may not be the best thing you can hope for because it is not perfect but nothing is ever perfect in the world.
calling bitcoin technology "old" is like calling a 3 month old infant an "old timer".
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