Why other Crypto coins can't ever surpass the price of Bitcoin?

[EluguHcman]

They said for every stable and credible developments, there had been a pioneer who had stressed out for others to enjoy right from the peak of the origin.
So I ask, what is that cordial durability influence does Bitcoin have over these hundreds of AltCoins that non of the crypto Coins has been able to beat the value of Bitcoin instead they still gains their potentials from Bitcoin volatility.
Why really can't other Cryptocurrencies surpasses the price of Bitcoin right from their existences?

Or do we wait on time to tell? Or is the system setup that way in honour of Bitcoin to ever lead  as the first introduced digital currency while others follows? Or should it be assumed that there are secrets Satoshi Nakamoto being the builder of Bitcoins has which other Crypto coins developers has not been able to discover yet?

[ABCbits]

Why really can't other Cryptocurrencies surpasses the price of Bitcoin right from their existences?

If we only talk about price, price of "42-coin" already surpass Bitcoin on few occasion. Visit https://www.coingecko.com/en/coins/42-coin and click "Max".

Or is the system setup that way in honour of Bitcoin to ever lead  as the first introduced digital currency while others follows?

Bitcoin definitely have first-mover advantage. But IMO so far other cryptocurrency doesn't have enough uniqueness or big solid community in order to surpass Bitcoin price or market cap.

[EluguHcman]

Bitcoin definitely have first-mover advantage. But IMO so far other cryptocurrency doesn't have enough uniqueness or big solid community in order to surpass Bitcoin price or market cap.

Then it becomes hopeless for the AltCoins to compete with Bitcoin because single handedly the reputabilities and reliability potentials of Bitcoin is an attractive enough to build and enlarges a most dominance community as it is today.

[Z-tight]

Take note that altcoins are not competing with BTC, the few of them that people called 'the next BTC' are mostly dead now. BTC has its usefulness in society and that is why there is going to always be demand for it. So many altcoins lack this usefulness and thay are only good for the hype or the immediate profit, and so they follow BTC's movement in price.

[ABCbits]

Bitcoin definitely have first-mover advantage. But IMO so far other cryptocurrency doesn't have enough uniqueness or big solid community in order to surpass Bitcoin price or market cap.

Then it becomes hopeless for the AltCoins to compete with Bitcoin because single handedly the reputabilities and reliability potentials of Bitcoin is an attractive enough to build and enlarges a most dominance community as it is today.

There are very few altcoin which directly compete with Bitcoin though. Many altcoin these days offer feature which isn't exist on Bitcoin such as turing-complete smart contract, fast TX, cheap TX fee or high TX throughput (although you could use Bitcoin L2 for that) at expense of decentralization.

[Tribalchief]

Aside from the importance of security that Bitcoin offers, we have to consider other logical factors that distinguish Bitcoin from others. "First come, first served" is a phrase used to denote quick service or attention. The individual who arrives first typically receives better attention than those who come later. It's similar to attending an event that requires registration, if you are the first to arrive, you are likely to be attended to first.

Bitcoin is the first cryptocurrency in the crypto space, as records show. Being the first, it had to gain trust from skeptics and enthusiasts, thereby increasing in value over time. So, primarily, what makes Bitcoin's price stand out is the trust it has gained over the years, which still gives people more reason to keep investing even when the market is down. If Ethereum had been the first, then it could have also gained trust, thereby acquiring enough value to stand out from others.

In conclusion, I don't think other coins would be able to surpass Bitcoin due to the trust Bitcoin has gained over the years.

[Z-tight]

Bitcoin is the first cryptocurrency in the crypto space, as records show. Being the first, it had to gain trust from skeptics and enthusiasts, thereby increasing in value over time. So, primarily, what makes Bitcoin's price stand out is the trust it has gained over the years, which still gives people more reason to keep investing even when the market is down. If Ethereum had been the first, then it could have also gained trust, thereby acquiring enough value to stand out from others.

I only partly agree with this, BTC is not what it is today simply because of it was created earlier than altcoins, if it was a shitcoin, it would not matter when it was created and people will use other alternatives than it. Even if Eth was created before BTC, it would still not be a better coin; eth is a centralized, premined coin that is not as useful as BTC.

BTC is where it is now because of its usefulness. It is decentralized, censorship resistant, open source and permissionless. You also don't have to trust BTC, it is a trustless network, meaning because of its open source nature, you can verify everything.

[Tribalchief]

Bitcoin is the first cryptocurrency in the crypto space, as records show. Being the first, it had to gain trust from skeptics and enthusiasts, thereby increasing in value over time. So, primarily, what makes Bitcoin's price stand out is the trust it has gained over the years, which still gives people more reason to keep investing even when the market is down. If Ethereum had been the first, then it could have also gained trust, thereby acquiring enough value to stand out from others.

BTC is where it is now because of its usefulness. It is decentralized, censorship resistant, open source and permissionless. You also don't have to trust BTC, it is a trustless network, meaning because of its open source nature, you can verify everything.

I agree, but how many of the investors still puts these things into consideration even though they are in place ?. Trusless as you stated might be an irony. Why would people invest in something when there is no attribute of trust?. If Bitcoin defiles the word "Trust", then it should be the opposite of it which is "distrust". The technical part such as decentralization, open source, censorship resistant, etc, might not be a factor for everyone to consider, else, there might be a resistance to global adoption.

[Gurujebs]

One thing you should know about Bitcoin is this, there can never be any coin like Bitcoin because the person who developed it has abandoned it to the community and that means he is the greedy type of person, he just want it successfull and despite the growth of Bitcoin all these years, he has never touch a single allocation of Bitcoin he is having, some people believes that he is dead or don't care about the price but what Bitcoin is doing which is censorship resistance in all aspects of finance.

When you look at the altcoins, none of them have such kind of dreams, the teams you see in altcoins take 5-10% and still keep more than 50% of the coin in foundation which is also control by then. How do you expect such kind of coin to overtake Bitcoin with shot of Billion when Bitcoin has just less than 21 million and it's mined when block is found and comfirm. Bitcoin still remain the best coin and irreplaceable.

[Lucius]

Then it becomes hopeless for the AltCoins to compete with Bitcoin because single handedly the reputabilities and reliability potentials of Bitcoin is an attractive enough to build and enlarges a most dominance community as it is today.

I understand that for you and the majority of people, the price is the only way to measure success, but the price that Bitcoin has is the result of a unique idea that, at its core, never had the idea that the inventor and the people close to him would get rich.

When you look at the basics, Bitcoin is a real decentralized project that does not have a single person representing it, it uses POW, more than 50% of the energy for mining comes from renewable sources, it has a limited amount of coins. All that makes it valuable, and now tell me which crypto project has something even remotely similar?

[robelneo]

Or should it be assumed that there are secrets Satoshi Nakamoto being the builder of Bitcoins has which other Crypto coins developers has not been able to discover yet?

All the other coins' history do not come close to Bitcoin's history, so many altcoins are centralized in nature, and the community is more supportive of the original because so many of these coins are just an upgrade and clone of the original Cryptocurrency.
After more than ten years the community is still fascinated by Bitcoin's humble beginning, there's no coin in the market that has a unique history like Bitcoin.
So Bitcoin will remain number one in the market and will continue to do so for decades to come.

[Lucius]

~snip~
So Bitcoin will remain number one in the market and will continue to do so for decades to come.

I would like it to be true, but I wouldn't bet that Bitcoin will continue to be at the top of cryptocurrencies in the somewhat distant future for several reasons. People and their priorities change with time, and in 20 years or more it is possible that some new generations will no longer experience Bitcoin as we experience it today and it may be much easier to sell them a new idea than it is the case today.

I would dare to say that Bitcoin will be "interesting" for another ten years or so, because by then mining will be practically finished in the sense that only 210 000 (1%) BTC will remain for mining, and if various companies and funds continue to buy BTC, most coins will be far beyond the reach of ordinary people.

Who knows, maybe something will appear by then that will attract the attention of ordinary people in the eternal hope that they can get rich the way "buy cheap, sell high".

[dkbit98]

Someone could probably create a new shitcoin and pump up it's artificial price for few minutes to crazy high levels, but this is not sustainable or realistic price.
I even think that most of the coins we can see in coingecko or cmc are not worth anything in reality, so I would not pay attention to this.

[JoyMarsha]

In case you don't know, let me remind you. It is through bitcoin that all altcoin are made and they all follow its price movement. It will be impossible for a new coin or existing coin to its place as the King of crypto. For any coin to begin to take its place, let it start by taking the position of ethereum in coin ranking and marketcap. Till then, we can begin to look at the chances of it surpassing bitcoin in price.

[Freemind]

Although  42-coin exceeded $800,000 a few years ago, it is still a specific circumstance, and I don't think it's something we'll see again. Bitcoin was the first cryptocurrency, this fact makes it not only the one with the greatest economic value, but also means that no one can eclipse it in any way. There are coins and blockchains that may be technologically superior, such as the well-known smart contract platforms, but they will never be Bitcoin's rivals.

Not even the most famous forks (Bitcoin Cash and Bitcoin SV) have been able to compete with the original idea, so I think it will never have a rival. I try to find the right word to define it and only "respect" comes to mind, although it may not be the most appropriate.