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Author Topic: Will Bitcoin remove all other altcoin from the market?  (Read 25056 times)

Offline Rakin343

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Re: Will Bitcoin remove all other altcoin from the market?
« Reply #45 on: August 26, 2020, 06:54:04 PM »
Bitcoin will never be removed from any market. Bitcoin is called the king of all coins. We see that Bitcoin is in the number one position in the market cap. All tokens are traded with Bitcoin. It is never possible to market any coin except Bitcoin. So I would say Bitcoin will never be removed from the market. Because people all over the world buy and sell on bitcoin.
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Re: Will Bitcoin remove all other altcoin from the market?
« Reply #45 on: August 26, 2020, 06:54:04 PM »

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Offline Tnoy30

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Re: Will Bitcoin remove all other altcoin from the market?
« Reply #46 on: August 26, 2020, 07:26:30 PM »
Bitcoin controls the entire blockchain and cryptocurrency world. Bitcoin ranks much higher in terms of quality. So Bitcoin has many users. Benefited by using Bitcoin. Bitcoin ranks first in terms of quality. So everyone believes, everyone agrees, I believe too. I do everything. Bitcoin has enabled me to benefit a lot. Since bitcoin has made the whole thing easier. So bitcoin has recorded. Although not everyone knows cryptocurrency, they do know bitcoin.

Offline Duckenth

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Re: Will Bitcoin remove all other altcoin from the market?
« Reply #47 on: August 26, 2020, 08:13:20 PM »
Without other Cryptocurrency Bitcoin would not be as famous as it is today, even though Bitcoin is the king of Crypto, Bitcoin will not remove other Cryptocurrencies on the market. 
However Bitcoin will remain the number one choice of Cryptocurrency trader and investor.  Because even though there are so many Cryptocurrencies today, Bitcoin is still number one.

Offline Bobcrypto

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Re: Will Bitcoin remove all other altcoin from the market?
« Reply #48 on: August 26, 2020, 08:48:30 PM »
We know that, bitcoin is the most popular crypto-currency of the world. Its value is higher than any other currencies. It is unanimously accepted by the crypto holders. Some countries have already permitted only bitcoin for transaction and many countris are considering to permit it. People can now pay bill through bitcoin in some cases. There are a lots of crypto-currency in the world but bitcoin is now leading the crypto world. Is bitcoin will remove all other crypts from the market in the future? Your valuable opinion is highly appreciated.

Yes Bitcoin is the king of all crypto but may not remove other altcoins in the market. Ethereum has the capacity to remain even few other coins, like Ripple, Tron, EOS, BCH, maker, cardano etc. These coin has proved their ability to remain in the crypto market too.

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Offline vegasus

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Re: Will Bitcoin remove all other altcoin from the market?
« Reply #49 on: August 26, 2020, 11:57:48 PM »
Don't spread FUDs, bro. Bitcoin won't remove any altcoins because Bitcoin needs altcoins to survive as well. I think altcoins become another factor for Bitcoin to survive and make it stronger. So, why Bitcoin need to remove altcoins in the market?

Offline mlawson71

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Re: Will Bitcoin remove all other altcoin from the market?
« Reply #50 on: August 27, 2020, 06:15:51 PM »
What is a FUD?

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Re: Will Bitcoin remove all other altcoin from the market?
« Reply #51 on: August 28, 2020, 01:35:16 AM »
We know that, bitcoin is the most popular crypto-currency of the world. Its value is higher than any other currencies. It is unanimously accepted by the crypto holders. Some countries have already permitted only bitcoin for transaction and many countris are considering to permit it. People can now pay bill through bitcoin in some cases. There are a lots of crypto-currency in the world but bitcoin is now leading the crypto world. Is bitcoin will remove all other crypts from the market in the future? Your valuable opinion is highly appreciated.

No, I don't think Bitcoin will not remove all other  crypto from the market at the future. Bitcoin is most popular than other, and has been permitted by several countries. But I think every country will have own Crypto currency, So It will not happen.
I think and believe Crypto currency will more popular and more be needed at the coming future.

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Re: Will Bitcoin remove all other altcoin from the market?
« Reply #51 on: August 28, 2020, 01:35:16 AM »


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Re: Will Bitcoin remove all other altcoin from the market?
« Reply #52 on: September 22, 2020, 04:51:12 PM »
Although Bitcoin still dominates the price ratio of the cryptocurrency market, it cannot influence the existence of altcoins. For the rest, in fact, altcoins are left to themselves, but interact in the market. The cryptocurrency market is now very vast and is developing much faster for bitcoin. Therefore, nothing threatens altcoins. But over time, bitcoin can lose both its price dominance and its position as the leader of the cryptocurrency, if it does not develop and improve.

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Re: Will Bitcoin remove all other altcoin from the market?
« Reply #53 on: September 22, 2020, 11:21:26 PM »
NO, Bitcoin will be always together with other coins, altcoins. There is no reason that Bitcoin will remove altcoins in the market, how can? I think both Bitcoin and altcoins support each other. So, if we have no altcoins in the market anymore, it may be a bad day for Bitcoin to struggle alone in the market. Then, finally, it probably disappears.

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Re: Will Bitcoin remove all other altcoin from the market?
« Reply #54 on: September 23, 2020, 12:47:29 PM »
If there was only one bitcoin on the market, its capitalization would be several times larger than it is now. And then you wouldn't have to choose which cryptocurrency to invest your money in.

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Re: Will Bitcoin remove all other altcoin from the market?
« Reply #55 on: September 23, 2020, 03:08:29 PM »
Alotcon  has not just been a trendsetter, ushering in a wave of cryptocurrencies built on a decentralized peer-to-peer network, it’s become the de facto standard for cryptocurrencies, inspiring an ever-growing legion of followers and spinoffs.

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Re: Will Bitcoin remove all other altcoin from the market?
« Reply #56 on: September 23, 2020, 04:00:45 PM »
No. This won't happen. If only bitcoin existed on the market, its price would be more than 100k$$$. But there are other coins that are not inferior to bitcoin, and in some ways even better than it. Bitcoin was the first, but not the only one.

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Re: Will Bitcoin remove all other altcoin from the market?
« Reply #57 on: September 25, 2020, 08:20:09 AM »
Today there are even so many types of altcoins. And I think there is no way bitcoin will be able to get rid of these altcoins. because in this crypto world, of course, many players are new to investing in altcoins. Because the price of bitcoin is very expensive. so the altcoins will still be around.
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Offline debra

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Re: Will Bitcoin remove all other altcoin from the market?
« Reply #58 on: September 25, 2020, 09:09:52 AM »
The question is why Bitcoin to remove altcoins? Can you show me the valid reasons? In my view, there is no reason that Bitcoin to remove altcoins because altcoins instead support Bitcoin and make it be stronger to survive in the crypto space. It is the first coin that people know in crypto space, it triggers altcoins to be created. In this matter, it doesn't make sense if Bitcoin to remove altcoins.
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Re: Will Bitcoin remove all other altcoin from the market?
« Reply #59 on: September 25, 2020, 05:17:59 PM »
The question is why Bitcoin to remove altcoins? Can you show me the valid reasons? In my view, there is no reason that Bitcoin to remove altcoins because altcoins instead support Bitcoin and make it be stronger to survive in the crypto space. It is the first coin that people know in crypto space, it triggers altcoins to be created. In this matter, it doesn't make sense if Bitcoin to remove altcoins.
After all, having altcoins in your portfolio, you can increase your bitcoin balance. People buy altcoins to trade in pairs with bitcoin.

 

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