Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Bitcoin Forum => Topic started by: Istiak on January 27, 2020, 04:46:03 PM
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Is there any coin right now that can challenge bitcoin in the future? There is a lot of good projects that has some unique features and advantages than bitcoin. So what you guys think about it?
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I am sure there will never be. Blockchain, the technology used by bitcoin, is very complex. The networks that we find today, ethereum, Tron, stellar, and eos, might learn from blockchain technology. Bitcoin was made to overcome the monetary crisis at that time. Naturally, if many altcoins have more functions than bitcoin.
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I think no coins can overcome bitcoin now but future is completely different. But I am sure bitcoin and Ethereum two big highly ranked coins in coinmarketcap. Bitcoin is the king of cryptocurrency Kingdom and 70 percent total market dominated by bitcoin and Ethereum. So I don't think.
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It is very difficult because at the moment many cryptocurrency altcoins are useless with their lives.
Maybe Monero and DASH are competitors too, but in fact now Monero and DASH are experiencing community and price reductions.
Don't forget the situation of Bitcoin Cash which always spreads the issue to defeat Bitcoin, but in fact now Bitcoin Cash is experiencing a sinking boat, uuuhhhhhh!
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Yeah of a truth there are cryptocurrency project but still far behind Bitcoin value in the crypto market, looking at Bitcoin price it will be very difficult for other coins to cover that distance which Bitcoin price value has reached.
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There is no any coin can challenge bitcoin because bitcoin is already gained the popularity so even the coin supported by the celebrities or it has unique features and advantages, still bitcoin is the number 1 cryptocurrency.
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There is no any coin can challenge bitcoin because bitcoin is already gained the popularity so even the coin supported by the celebrities or it has unique features and advantages, still bitcoin is the number 1 cryptocurrency.
Then what will happened when all the bitcoin will be mined? There will never be any coin that will replace bitcoin? Because BTC is a very slow network compare to other networks.
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No one can challenge Bitcoin now. And I think it's never been. Almost all coins always following Bitcoin architecture but not can match the bitcoin.
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Until now there are no coins that can challenge bitcoin, many coins were created to defeat bitcoin but all ended with failure. Ethereum's the best altcoins were unable to challenge bitcoin, even the BSV that was predicted to perfect bitcoin failed to beat bitcoin.
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In my opinion there is nothing that can challenge bitcoin. If we look at the price bitcoin is the dominant one in the entire market despite of potential altcoins around. Some says the pork of bitcoin will defeat bitcoin but I think it is impossible.
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Is there any coin right now that can challenge bitcoin in the future? There is a lot of good projects that has some unique features and advantages than bitcoin. So what you guys think about it?
There were already some coins that were able to overcome some features of bitcoin.
Coins like Monero, ZCash, PivX have far superior privacy feature.
Coins like Litecoin, Doge, Ripple have far exceeded confirmation time of bitcoin.
Despite those, none of the existing blockchains (and probably even near future ones) could ever have a better security than bitcoin. The way it prevents 51% attacks dwarfs its existing scalability limitation. At least to the eyes of the bitcoin community.
Then what will happened when all the bitcoin will be mined? There will never be any coin that will replace bitcoin? Because BTC is a very slow network compare to other networks.
This is just speculation but with all bitcoins mined by year 2140, it will become more scarce and, therefore, more valuable. We never really know what the future holds or what new technology will be developed in the next century.
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There is no any coin can challenge bitcoin because bitcoin is already gained the popularity so even the coin supported by the celebrities or it has unique features and advantages, still bitcoin is the number 1 cryptocurrency.
Then what will happened when all the bitcoin will be mined? There will never be any coin that will replace bitcoin? Because BTC is a very slow network compare to other networks.
If all Bitcoins are mined, then the price of transaction fee would increase as per my knowledge. We see people here having faith in BTC blindly and if they are investing in other coins, then they have to discover the price.
Bitcoin price can climb on someday like it happened in the past.
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I think it is very hard for other coins to compete with Bitcoin. Actually, I still don't see other coins that have the capability to challenge Bitcoin. However, if Bitcoin suddenly lost its reputation, I think Ethereum and Ripple are the coins that deserve to replace Bitcoin.
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This is just speculation but with all bitcoins mined by year 2140, it will become more scarce and, therefore, more valuable.
Oh wow the calculation is very fitting at all for speculation and this is very good for the continuity of Bitcoin if it really did run out in the mine that year.
If it had been spent at the mine in that year, maybe only a few words from now on Bitcoin, namely: "HOOODDDDLLLLLLLLL"
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I think there are such cryptocurrencies, it’s just the fact that big players invest in Bitcoin and not in other cryptocurrencies, and therefore Bitcoin is constantly in first place in the cryptocurrency world, but maybe in future big players will want to replace Bitcoin, but I dont think so.
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With what currencies do you think they'd want to replace it?
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Over time, Bitcoin will lose its high level of price dominance and the difference in price between it and the best altcoins will not be so big. However, the next coin, which can replace Bitcoin, will not be the same. There should be several such coins at once and this will be the best way out of the situation, since the dominance of several coins should be better perceived by the market.
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Is there any coin right now that can challenge bitcoin in the future? There is a lot of good projects that has some unique features and advantages than bitcoin. So what you guys think about it?
I don't think so that any coin in future will beat BTC as we always pair BTC with any alt coin. But main fact is anything can happen in crypto world so we have to wait for that.
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I think no one will ever get ahead of Bitcoin. Because it seems to me that this is simply impossible. Since this is very difficult for a project. Bitcoin, as it was in the first place, is and will be.
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Nobody can rival bitcoin. In terms of price and technology, bitcoin is unbeatable to both. Basically, all cryptocurrency prices refer to bitcoin. It would be very difficult if there were replacing bitcoin, and change all pairs BTC in all exchanges.
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There are maybe good cryptocurrency project in the crypto market currently, but can they be able to cover the space bitcoin has create in the cryptocurrency industry, before we can begin to consider weather the cryptocurrency project is able to compete with Bitcoin.
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Of course if bitcoin technology is developed there will be new coins created. There are many projects that want to replace the dominant bitcoin on the market because they want to introduce technology that is better than bitcoin.
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Nobody can rival bitcoin. In terms of price and technology, bitcoin is unbeatable to both. Basically, all cryptocurrency prices refer to bitcoin. It would be very difficult if there were replacing bitcoin, and change all pairs BTC in all exchanges.
By technology, or rather, by functionality, many coins have already beat Bitcoin, and the price is variable. It is enough for people to doubt the power of Bitcoin, so that in a short time it will lose both its high price and leadership. Already, many are perplexed about its sharp current fall in prices and the lack of a "safe haven" during the period of public disasters.
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If Bitcoin is, one day, become a safe haven, it will be on the merits of its inability to be confiscated by governments.It may eventually become a safe haven in purchasing power, but certainly not today.
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There is always a challenger but they cannot shake bitcoin.
Btc is strong enough to manage challenges.
Actually, a lot of predictions that new particular coin will beat btc but it did not happen. Meaning bitcoin domination in crypto is clear.
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Is there any coin right now that can challenge bitcoin in the future? There is a lot of good projects that has some unique features and advantages than bitcoin. So what you guys think about it?
Actually many good coins are currently on the Cryptocurrency list. However, because Bitcoin is the king of Cryptocurrency it seems difficult to beat it. Ethereum is one of the coins that has many advantages compared to Bitcoin, but about the price of Bitcoin is still the number one. And other coins will not be able to challenge Bitcoin.
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Ethereum. It's the coin that is the number one contender to unseat Bitcoin in the top post. Arguably, Ethereum is the second most popular coin after Bitcoin, and by market capitalization, aside from Bitcoin, it's the largest among the 2,957 cryptocurrencies by market cap.
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Is there any coin right now that can challenge bitcoin in the future? There is a lot of good projects that has some unique features and advantages than bitcoin. So what you guys think about it?
I haven't still found any coin that is competitor of Bitcoin. Have you seen this coin ever? 100% sure it is not possible so far. Crypto market is dependent on Bitcoin still now and if you see on the marketcap, BTC has captured more than 60% marketcap alone and others (5000 tokens and coin) have less than 40% marketcap. Will you say any competitor of Bitcoin prevail in the market?
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Interesting, I would like to know more about that
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What coins will be able to challenge Bitcoin in the future? I don't think there is, it is true that there are many good projects at the moment and also many new coins that have advantages over Bitcoin about the speed of transactions and low costs. But for the matter of coin prices, Bitcoin will still be number one.
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Probably.Bitcoin is an experimental new currency that is in active development. Each improvement makes Bitcoin more appealing but also reveals new challenges as Bitcoin adoption grows,but keep in mind that nobody can predict Bitcoin's future.
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No coin is still born to challenge Bitcoin, i can say it from my personal view point. Ether and Bitcoin Cash can be the 2nd or 3rd challenger but those are not enough to challenge Bitcoin in the sooner time. But in the long run Ether can slightly challenge Bitcoin if crypto market will boom and ICO will again be live.
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In fact, I was thinking about this matter if in the future there was a possibility for this thing to happen and the emergence of his work competing with Bitcoin or exceeding it, no one knows, everything is contained in the crypto world, but I believe that despite the existence of many distinct projects with many characteristics, but there is no work that can It can challenge bitcoin especially in its day-to-day value.
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Now this time there is not any coin that will challenge the Bitcoin becasue all the crypto makret will run through the Bitcoin and in future may be there is any coin which will cross the price high than the Bitcoin.
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There are indeed so many projects, but I doubt bitcoin can be defeated. I further believe that bitcoin will stay ahead.
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Nothing is certain in these times. Once the crisis ends many things may change, even Bitcoin's leading position.
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Is there any coin right now that can challenge bitcoin in the future? There is a lot of good projects that has some unique features and advantages than bitcoin. So what you guys think about it?
The question is a little funny but I will try to answer it.
bitcoin is one of the kings of all coins. you can see from the movement of bitcoin in the market. when bitcoin prices go down all coins will also go down. when bitcoin prices go up all coins will also go up. from there you can conclude if nothing will replace bitcoin.
simple and enough answers to understand
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Nothing is certain in these times. Once the crisis ends many things may change, even Bitcoin's leading position.
What do you mean by "nothing is certain in this time" mate? Is there any coin in the crypto world that can challenge Bitcoin now? 100% answer will be no but in the future, we can't say exactly what will be but it will be very difficult to beat Bitcoin for any coin like ETH, XRP, BCC.
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Maybe bitcoin will be abandoned and replaced with better coins. The growth of new coins now produces more coins and tokens that are better than before. That makes many coins more popular in the future
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BTC will still be the cryptocurrency of the future.
Ritva will help you!
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Is there any coin right now that can challenge bitcoin in the future? There is a lot of good projects that has some unique features and advantages than bitcoin. So what you guys think about it?
I think there is no better project than Bitcoin. Ethereum and Litecoin are expected to challenge Bitcoin. However, two coins until now have not shown significant developments. By looking at Ethereum and Litecoin in 2017, that these two coins are able to soar high. This is expected to happen again and can challenge Bitcoin.
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Maybe bitcoin will be abandoned and replaced with better coins. The growth of new coins now produces more coins and tokens that are better than before. That makes many coins more popular in the future
I doubt bitcoin will abandon what it was started.
The greatness is there.
The potential is there.
The investors are there.
The platform still active.
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Ether may do so eventually. Time will tell.
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If I look at it until now, I don't think anyone can compete with Bitcoin, although there are lots of new and good coins emerging, because I am sure that bitcoin will always be at the forefront and the best.
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I think it will depend a lot on how the market behaves during and after the current health crisis. For all we know a new leader will emerge and Bitcoin will fall back.
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Bitcoin has an almost eternal problem with the scalability and high cost of transactions. If these basic problems are not resolved, it is unlikely to be massively used as a means of payment. Especially after most states issue their national stable coins.
If this continues further, over time, Bitcoin will definitely lose its position. At the same time, it is unlikely that a decentralized cryptocurrency needs a tough price dominance of bitcoin. I think that the cryptocurrency market itself will tell in which direction should move.
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Yes, but which altcoin do you think will do this?
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I think bitcoin will be unmatched and remain the main crypto coin, and even though there are so many altcoins, it will not be able to surpass bitcoin.
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I think the possible coins to challenge Bitcoin are Ethereum, BNB coin, and Ripple. These coins are possible to increase and become bigger coins in the future. However, it is hard to think of these coins to overtake Bitcoin. Bitcoin is still much stronger than these coins, so will be difficult to be replaced.
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Indeed at this moment bitcoin domination is 67% in whole cryptomarket more over bitcoin has lot of trading pairs so it trade volume is too high but lot of potential altcoin are in cryptomarket although right now bitcoin is high potential coin than others.
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A lot of coins, which have more functions, than Bitcoin. But BTC was first and it always will be like a gold.
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Which coin do you think could get ahead of Bitcoin then?
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A lot of coins, which have more functions, than Bitcoin. But BTC was first and it always will be like a gold.
Yes, there are too many coins now but hard to make a story as Bitcoin did previously. BTC is the real coin considered as the oldest coin in CMC, and the rank is always number 1. I never saw there is a coin that can overtake Bitcoin. Even ETH is still very far from Bitcoin's marketcap.
BTC Market Cap : $180,591,369,489
ETH Market Cap : $23,616,136,456
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Is there any coin right now that can challenge bitcoin in the future? There is a lot of good projects that has some unique features and advantages than bitcoin. So what you guys think about it?
Actually a lot of good coins nowadays, but because Bitcoin is the first coin in Cryptocurrency it makes the most popular Bitcoin name. Bitcoin also has the most expensive price and this is far above other coins. And it seems that there are no coins that can compete with Bitcoin, let alone overtake it.
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You know bitcoin is the good of crypto currency and it's still showing very good in crypto world because of it's price. But recently many altcoin are created and those coin facilities is good than btc...the transaction speed and fee low than btc. Ripple is a altcoin which can ovetcome the btc because there has a chance to be happen so..
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Is there any coin right now that can challenge bitcoin in the future? There is a lot of good projects that has some unique features and advantages than bitcoin. So what you guys think about it?
Maybe ethereum, XRP,EOS will chalenge bitcoin at the coming future. But I see bitcoin is still the best and more popular tahn other. So, I think they will take several years. Bitcoin will exist for along time.
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I think there are such cryptocurrencies, it’s just the fact that big players invest in Bitcoin and not in other cryptocurrencies, and therefore Bitcoin is constantly in first place in the cryptocurrency world, but maybe in future big players will want to replace Bitcoin, but I dont think so.
We can't say about future but still now there is no competitor of Bitcoin. It is still dominating the crypto world and will continue as long as it can. Right, if whales play in a certain coin like ETH, or XRP they can challenge then but it's possibility is very low.
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I think litecoin is a great competition for bitcoin, it's essentially a bitcoin clone, but with a different encryption algorithm, which makes it faster compared to bitcoin.
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ETH coins can challenge Bitcoin, because ETH is now widely used in bounty and ICO projects, and many investors invest with ETH coins.
so ETH will oppose bitcoin.
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It was the first one and now it is rising so probably none will beat it.
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ETH coins can challenge Bitcoin, -snip-
Not sure, ETH is still far from Bitcoin and I think the popularity of Bitcoin is uncomparable to ETH. ETH is used on the bounty, but not really many bounties right now. I think this make ETH isn't really popular like before. So, how can it challenge the Bitcoin? I think Bitcoin can be challenged in this way.
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Bitcoin is the king of coins, bitcoin has a big name in Cryptocurrency. Bitcoin has the highest price from the past until now.
Bitcoin has the best Cryptocurrency technology in Crypto, there will never be another coin that will be able to compete with Bitcoin.
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Bitcoin is the king of coins, bitcoin has a big name in Cryptocurrency. Bitcoin has the highest price from the past until now.
Bitcoin has the best Cryptocurrency technology in Crypto, there will never be another coin that will be able to compete with Bitcoin.
I agree with you. But I still have a bit of hope that there will still be such a project a coin which will displace Bitcoin from first place.
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Bitcoin is the king of coins, bitcoin has a big name in Cryptocurrency. Bitcoin has the highest price from the past until now.
Bitcoin has the best Cryptocurrency technology in Crypto, there will never be another coin that will be able to compete with Bitcoin.
Regarding the highest bitcoin price, a lot has changed over the past five months. The YFI token, issued in July, has grown in price to over forty-three thousand dollars over the next two months. That is, in a very short time, the new token exceeded the price of bitcoin more than four times. Just a few months ago, we thought it was impossible.
Bitcoin can also lose its high level of capitalization in a short time, and with it its leadership in the cryptocurrency. It is enough only for market participants to doubt the possibility of its further price growth.
Cryptocurrency is a world of surprises and rapid changes.
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Is there any coin right now that can challenge bitcoin in the future? There is a lot of good projects that has some unique features and advantages than bitcoin. So what you guys think about it?
In my opinion the top ten coin will challenge bitcoin at the coming future. Ethereum, USDT, ripple, litecoin, polkadot etc, They will compete with bitcoin at the coming future.
I see Ethereum is the best competitor for bitcoin now.
But we don't know what happened at the next year.
Polkadot is also phenomena coin, It has good progress at teh Crypto market now. It is also very potential.
I hope the competition at the coming future will be good.
Let's see.
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So far, there is no coin that can challenge Bitcoin from the value perspective, If it is about price, YFII probbaly higher than BTC. But BTC still has higher value and it always becomes the trusted coin in the crypto world. Although so far, there are also many coins or tokens that are always predicted or considered to challenge BTC. But in fact, it is still not able to do so.
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There are currencies on the market that are three times more expensive than Bitcoin. That is YFI Coin. The price of YFI coin was three times higher than that of Bitcoin. Which is currently reduced. The current bitcoin price is a bit high. The price of this currency rose overnight. Many people were commenting on Bitcoin that YFI would take the place of Bitcoin. So I did not comment on that. Because I know that Bitcoin is the greatest currency. Cannot replace Bitcoin. Because Bitcoin users are scattered all over the world. Which is a positive aspect for Bitcoin. Bitcoin users are all over the world. Those who have benefited by using Bitcoin. Currently there is a lot of transaction. Bitcoin is more expensive than YFI. But popularity and transactions are much lower.
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indeed for the technology owned by bitcoin will never be defeated by a new platform but for the current price it has been defeated by YFI which is still a newly emerging coin.