Topic: Would Bitcoin become irrelevant or remain the King? - page 3. (Read 869 times)
For now bitcoin will still be the king.But in the long run I believe one of the bitcoin forks will take its place.Yes bitcoin is the one that opened the door for so many opportunities but being the prototype means being the one that can be improved.For example I really like bitcore's features and improvements.
Bitcoin will remain the main coin until another one is accepted as a universal currency, which I think will eventually happen.
This coin will have to solve Bitcoin's current problems and those of all other altcoins up until this point-lack of usability, difficult to use, and there is still the risk of getting hacked or being subjected to fraud because we still have to use exchanges.
This coin will have to solve Bitcoin's current problems and those of all other altcoins up until this point-lack of usability, difficult to use, and there is still the risk of getting hacked or being subjected to fraud because we still have to use exchanges.
So I am a big bitcoin enthusiast, but I realize it has problems. Also more and more people are trying to perfect their algorithms.
What if they reach their goals and bitcoin becomes irrelevant?
The price drop isn't showing that great either!
Do not worry about these problems, the algorithms need to be perfect if you want Crypto to grow. Bitcoin is invaluable because it is more valuable and more accessible to evaporate than other Altcoin. Every investor is interested in profitability, and they do not care about the perfection of the platform. What if they reach their goals and bitcoin becomes irrelevant?
The price drop isn't showing that great either!
Bitcoin will remain as the king of cryptocurrency as for now.
It will take a long time to dethrone the king in this community.
But lets compare it to other technology.
We all know that the telephone is the root of telecommunication in this world.
But they we are using it now frequently.
We had the best selling cellphone from NOKIA.
Nokia never had a fault, they didn't do mistakes.
But they are not the king of cellphones now.
It will take a long time to dethrone the king in this community.
But lets compare it to other technology.
We all know that the telephone is the root of telecommunication in this world.
But they we are using it now frequently.
We had the best selling cellphone from NOKIA.
Nokia never had a fault, they didn't do mistakes.
But they are not the king of cellphones now.
So I am a big bitcoin enthusiast, but I realize it has problems. Also more and more people are trying to perfect their algorithms.
What if they reach their goals and bitcoin becomes irrelevant?
The price drop isn't showing that great either!
What if they reach their goals and bitcoin becomes irrelevant?
The price drop isn't showing that great either!
I don't see such scenario in the close future.
Bitcoin was first, bitcoin is crypto leader and will remain leader for many years.
Of course, 10 or 20 years can be very long period of time, specially on Internet so I don't think that anybody can be sure about distant future, 10 years or more.
I think it's possible that some other currency will replace bitcoin eventually but not so quickly in my opinion.
Almost all crypto currencies have price drop because bitcoin is still main entry point for many new users and when bitcoin price drop they withdraw money not just from btc but also from all other crypto currencies.
I can't figure out really why one will say that bitcoin is irrelevant where in fact the bitcoin has no competition and all other crypto are just an alternative to it. All of the crypto are bitcoin base and you can see this in the market wherr bitcoin market price drop then so does the other crypto in the market.
In this current falling state of bitcoin there is no competitor and i am very optimistic thaat bitcoin will continue to rule as king of cryptoand nothing or no a;tcoin can render it irrelevant. It the best coinnand still impacting lives.
I think bitcoin is still and remain the king even the price is already down. Because all we know that even the price is already fall we can use it to some online payment so it is also help us in our transactions. We can say that bitcoin is still the king because it is relevant as a payment and also it is still a good investment that we can invest. I think we cannot based on the low price to say that bitcoin is now irrelevant because I know and all we know that bitcoin will rise again in the next following months so all of will be benefited again.Just wait and don't be afraid to invest because bitcoin is relevant in our daily life.
See each and every coin has its own philosophy and that's how it works. Bitcoin came up with the solution to the issue of time-consuming costly fund transfer option and enabled users to do the same task in less time and cost. Similarly, there are other coins dealing with a different kind of issues hence I won't compare the two coins in terms of utility value so I don't think any other coin can replace Bitcoin at least in near future.
So I am a big bitcoin enthusiast, but I realize it has problems. Also more and more people are trying to perfect their algorithms.
What if they reach their goals and bitcoin becomes irrelevant?
The price drop isn't showing that great either!
I can only speak based on the evidence and so far it seems that even if Bitcoin prices are slumped there is no coin whose price is anywhere near Bitcoins, thus to say that if BTC collapses entirely only then BTC will become irrelevant and replaced by its competitors. What if they reach their goals and bitcoin becomes irrelevant?
The price drop isn't showing that great either!
So I am a big bitcoin enthusiast, but I realize it has problems. Also more and more people are trying to perfect their algorithms.
What if they reach their goals and bitcoin becomes irrelevant?
The price drop isn't showing that great either!
If you see that the price of other coins were more when compared with the price of bitcoin which is a sign that bitcoin is still king at this long bearish run.Most of the projects were just copying the idea of already existing coins so which may not bring anything new here even if some coins were created it will not be so easy to get recognized as bitcoin and taking its crown. What if they reach their goals and bitcoin becomes irrelevant?
The price drop isn't showing that great either!
Bitcoin is the only real crypto, well you can cound on Ethereum, too, but please don't compare them with any alts.
So I am a big bitcoin enthusiast, but I realize it has problems. Also more and more people are trying to perfect their algorithms.
What if they reach their goals and bitcoin becomes irrelevant?
The price drop isn't showing that great either!
What if they reach their goals and bitcoin becomes irrelevant?
The price drop isn't showing that great either!
According to me BTC is a good decentralized currency..
It still has some little problems but they are not so big to be stopping and not so big to make BTC not relevant.
Moreover, what about altcoins ? They are still in alpha and they are not ready to be really useful (not more than btc)...
low cap and speculation..
By becoming a big fan of bitcoin, of course you really understand the existence of bitcoin, both advantages and disadvantages that can arise at any time in bitcoin. In the process, bitcoin is still quite early, but until now it remains an independent digital currency. In the adoption stage, there are certainly problems faced and I am sure this will remain relevant at any time.
Btc will remain the king because it's associated with freedom.
It's not illegal because it depends on what you do with your money!
If you hold bitcoins in your wallet you don't give a shit about people saying it's illegal ^^
Nobody will ever know you own those BTC !
It's not illegal because it depends on what you do with your money!
If you hold bitcoins in your wallet you don't give a shit about people saying it's illegal ^^
Nobody will ever know you own those BTC !
Bitcoin never become irrelevant though the current market price is going little down it will recover shortly to its full strength. Bitcoin
is an electronic asset with a strong net work systems connected with the modern technology...Bitcoins features are very attractive to the global investors and it is a decentralized one with anonymity.Its all transactions are recorded in an electronic ledger with the block chain technology..The introduction of the block chain technology is ensuring its clarity and the security systems in order. The invention of he bitcoin is an outstanding one in this century which can change the entire face of the global economy.which is introducing a new form of economy which is contrary to the present economical concepts. The bitcoin originators intention is to provide a strong common currency to the to the global community which can be operated world wide for their daily requirements.. The introduction of bitcoin is quiet relevant. to the global market which can emerge and remain as a king very shortly when the market is turning to a bullish move.
is an electronic asset with a strong net work systems connected with the modern technology...Bitcoins features are very attractive to the global investors and it is a decentralized one with anonymity.Its all transactions are recorded in an electronic ledger with the block chain technology..The introduction of the block chain technology is ensuring its clarity and the security systems in order. The invention of he bitcoin is an outstanding one in this century which can change the entire face of the global economy.which is introducing a new form of economy which is contrary to the present economical concepts. The bitcoin originators intention is to provide a strong common currency to the to the global community which can be operated world wide for their daily requirements.. The introduction of bitcoin is quiet relevant. to the global market which can emerge and remain as a king very shortly when the market is turning to a bullish move.
the big question that nobody asked you is that what makes you think that these altcoins don't have problems?
your argument is basically saying that bitcoin has problems so it can become irrelevant because of some altcoin. but you are forgetting that this altcoins that you have in mind also have problems and actually that is why they have been irrelevant all these years despite all the huge trading volume that goes in to them to pump and dump them.
your argument is basically saying that bitcoin has problems so it can become irrelevant because of some altcoin. but you are forgetting that this altcoins that you have in mind also have problems and actually that is why they have been irrelevant all these years despite all the huge trading volume that goes in to them to pump and dump them.
Ya, most people don’t realize that a vast majority of altcoins don’t scale well. If they were as widely used as Bitcoin, there’s no telling what issues would pop up. I’d point to Ethereum which became bloated and unusable because of some virtual cat trading. Bitcoin is King for a reason.
Plus "blockchains" are a slow database, and will not scale on-chain without centralizing the network. The developers who propose on-chain scaling solutions like "sharding" might be, scamming, lost, or have not accepted reality yet.
Give them time.
Bitcoin can never become irrelevant ad challenges are bound to happen. Bitcoin is facing a downtime and will soon rise again. It will ever be the king of cryptocurrencies because it set the space other coins follows.
the big question that nobody asked you is that what makes you think that these altcoins don't have problems?
your argument is basically saying that bitcoin has problems so it can become irrelevant because of some altcoin. but you are forgetting that this altcoins that you have in mind also have problems and actually that is why they have been irrelevant all these years despite all the huge trading volume that goes in to them to pump and dump them.
your argument is basically saying that bitcoin has problems so it can become irrelevant because of some altcoin. but you are forgetting that this altcoins that you have in mind also have problems and actually that is why they have been irrelevant all these years despite all the huge trading volume that goes in to them to pump and dump them.
Ya, most people don’t realize that a vast majority of altcoins don’t scale well. If they were as widely used as Bitcoin, there’s no telling what issues would pop up. I’d point to Ethereum which became bloated and unusable because of some virtual cat trading. Bitcoin is King for a reason.
the big question that nobody asked you is that what makes you think that these altcoins don't have problems?
your argument is basically saying that bitcoin has problems so it can become irrelevant because of some altcoin. but you are forgetting that this altcoins that you have in mind also have problems and actually that is why they have been irrelevant all these years despite all the huge trading volume that goes in to them to pump and dump them.
your argument is basically saying that bitcoin has problems so it can become irrelevant because of some altcoin. but you are forgetting that this altcoins that you have in mind also have problems and actually that is why they have been irrelevant all these years despite all the huge trading volume that goes in to them to pump and dump them.
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