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Author Topic: Will Bitcoin remove all other altcoin from the market?  (Read 24744 times)

Offline ttcsalam

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Re: Will Bitcoin remove all other altcoin from the market?
« Reply #15 on: July 18, 2020, 08:42:00 AM »
I think it is giving lead to all the coins so it is now considered as king coin.However, the value of money is not the same in all countries. Similarly, alter coins will depend on different values ​​and their value will depend on the value.

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Re: Will Bitcoin remove all other altcoin from the market?
« Reply #15 on: July 18, 2020, 08:42:00 AM »

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Re: Will Bitcoin remove all other altcoin from the market?
« Reply #16 on: July 18, 2020, 06:47:09 PM »
I believe bitcoin couldn't annihilate altcoins from the market since bitcoin is still limited on its purpose.  What I mean is that not all services are covered by bitcoin the reason why many altcoins are still in the making but of course this couldn't justify from every scam project.

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Re: Will Bitcoin remove all other altcoin from the market?
« Reply #17 on: July 18, 2020, 11:28:05 PM »
Is bitcoin will remove all other crypts from the market in the future?
NO. You shoudn't worry about it, mate!! Bitcoin doesn't have the goal to remove all altcoins in the future and I am sure there is no opprotunity to see it. With altcoins, Bitcoin become stronger and be accepted around the world. I cannot imagine if we have no altcoins in this crypto space. I am not sure that Bitcoin can be as popular as now and be considered by a lot of people as the best investment.
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Re: Will Bitcoin remove all other altcoin from the market?
« Reply #18 on: July 18, 2020, 11:44:26 PM »
How Bitcoin can remove altcoins in crypto market? I think it is impossible that Bitcoin to remove altcoins in the future. There are many parties that already invoved in altcoins industry, so they won't let it to happen.

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Re: Will Bitcoin remove all other altcoin from the market?
« Reply #19 on: August 10, 2020, 08:11:20 PM »
In general, altcoins complement the cryptocurrency market and make it more diverse and interesting. In fact, without altcoins, the very concept of the cryptocurrency market would not exist now. After all, one bitcoin is far from a market.
In addition, in many directions, altcoins in their development have gone much further than bitcoin. Therefore, over time, the position of altcoins will only strengthen.

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Offline I-Bit

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Re: Will Bitcoin remove all other altcoin from the market?
« Reply #20 on: August 10, 2020, 11:55:13 PM »
No, altcoins will be always there because there are many companies or parties involved in them. They must keep the altcoins to always survive in the market with better adoption and more promotion to attract investors. If the investors keep their activities to invest in altcoins, then altcoins are safe to survive a long time.

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Re: Will Bitcoin remove all other altcoin from the market?
« Reply #21 on: August 11, 2020, 01:49:19 AM »
The development of cryptocurrency is very fast from year to year, i am not sure if bitcoin will still be ranked first in the market capitalization in the next few years, because now there are so many projects that are better than bitcoin, maybe this is a little absurd if you look at the current situation, but the possibility of bitcoin being replaced by altcoins there is a possibility in the future.

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Re: Will Bitcoin remove all other altcoin from the market?
« Reply #21 on: August 11, 2020, 01:49:19 AM »


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Re: Will Bitcoin remove all other altcoin from the market?
« Reply #22 on: August 11, 2020, 10:08:53 AM »
Bitcoin cannot remove a legit project from the market, only scam project will go extinct from the market

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Re: Will Bitcoin remove all other altcoin from the market?
« Reply #23 on: August 11, 2020, 02:13:21 PM »
The development of cryptocurrency is very fast from year to year, i am not sure if bitcoin will still be ranked first in the market capitalization in the next few years, because now there are so many projects that are better than bitcoin, maybe this is a little absurd if you look at the current situation, but the possibility of bitcoin being replaced by altcoins there is a possibility in the future.
of course this is surprising news if what you say is that there will be a shift from bitcoin to altcoin. whatever underlies that altcoin can shift the might that bitcoin has so far, we even know that bitcoin is the king of the coin.

but all basically if we return to the existence of what is crypto, it is clear where anything could happen which is possible for us impossible but in crypto it will be possible.
But whether with the change of altcoins that shift bitcoin is it possible that crypto will still have its own inherent value, that crypto is the same as bitcoin.
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Re: Will Bitcoin remove all other altcoin from the market?
« Reply #24 on: August 11, 2020, 02:54:20 PM »
I don't think so, because people are constantly creating new cryptocurrencies with different ideas and technologies, because there will always be people who will want to surpass Bitcoin with their cryptocurrency, and perhaps in the future someone will succeed.
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Re: Will Bitcoin remove all other altcoin from the market?
« Reply #25 on: August 12, 2020, 09:54:27 AM »
I really doubt it. Bitcoin lead the entire cryptocurrency ecosystem but will not excluded altcoins just to hold the title as King of Cryptocurrency. Kingship without kingdom is useless. Bitcoin dominance will be seen all over in crypto from old coins to new comers. Massive adoption is necessary to go with the market flow as bitcoin is everywhere.

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Re: Will Bitcoin remove all other altcoin from the market?
« Reply #26 on: August 12, 2020, 03:11:54 PM »
its possible but the possibility is very slim which is close to impossible.
remove the crypto exchanges, remove the fiat currency, and instill bitcoin in all countries. in that way, supremacy of bitcoin will undoubtedly stands and wipe of them all.
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Re: Will Bitcoin remove all other altcoin from the market?
« Reply #27 on: August 12, 2020, 04:11:15 PM »
Bitcoin is just popular and the first choice accepted digital currency but thinking it can replace the altcoins in the market is the think that is impossible to happen. Not all services bitcoin can offer, and besides without altcoins the profit of bitcoin could be lesser.

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Re: Will Bitcoin remove all other altcoin from the market?
« Reply #28 on: August 12, 2020, 04:22:28 PM »
In my opinion, bitcoin will not be able to delete altcoins because now altcoins are in great demand and many are investing in altcoins, therefore bitcoin will never delete altcoins, that is in my opinion.
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Re: Will Bitcoin remove all other altcoin from the market?
« Reply #29 on: August 14, 2020, 05:47:44 PM »
No way! Mate, Bitcoin existence wouldn't be as what it is now in the absence of altcoins. Whether you believe it or not the demand and growth of bitcoin cause by altcoins.
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