Altcoins Talks - Cryptocurrency Forum

Cryptocurrency Ecosystem => Bitcoin Forum => Topic started by: nagamerah on October 12, 2018, 02:51:55 PM

Title: Bitcoin has no competition
Post by: nagamerah on October 12, 2018, 02:51:55 PM
All those FUDsters that where saying year ago how Bitcoin would fail because another currency would take over get proven wrong year after year. The more time Bticoin is alive, the stronger it gets and the bigger the network effect. Sorry but there will not be a Bitcoin 2.0. Bitcoin will go to 100k+ per coin in the next 5 to 10 years, it will absorb all the value researched in the field if not directly through protocol improvements then through sidechains.

Bitcoin will remain the only solid coin. The only coin that survived for the longest time (other coins can't claim this unless they invent a time machine).
There will be alts that pump really hard and make people millionaires, but no alt is going to surpass Bitcoin's strength and solidity. No coin will get a bigger marketcap. In the long term people holding 21+ BTC will be rewarded by history with rich-tier status for seeing the value in it before most people did. Do not let the FUDsters trick your mind or the trolls try to derrail the excellent job being done by Core devs.

Let's continue then our path towards inevitable triumph.
Title: Re: Bitcoin has no competition
Post by: nagamerah on October 12, 2018, 02:54:09 PM
I want to support this arguments. These altcoins were not created as bitcoin upgrade or to innovate crypocurrency. Most of them are simply pump and dump scheme overhyped to seems like 'next big thing'.
News altcoin can possibly more advanced in technical field - for now, because bitcoin can be upgraded. But then never beat one and the most important attribute of BTC - near perfect initial distribution.
Bitcoin was created and was worthless, people noticed is potential and make it valuable. Altcoins are created because their developers want to cut corners and earn fast money.
Title: Re: Bitcoin has no competition
Post by: reshat on October 12, 2018, 10:46:48 PM
I agree that BTC's strength is its pedigree. But, LTC is an alt that will also stick for the same reason. It has a solid foundation.
Other alts may gain larger market caps because their blockchain issue unlimited quantities. So, I'm not too concerned about market caps because eventually people will realize why those unlimited coins are not useful as a store of value and are really just tokens.
Title: Re: Bitcoin has no competition
Post by: fgg57fg7 on October 13, 2018, 12:18:45 AM
Bitcion have a strength foundation as of now no one can compete that ..bitcoon is on at the higher ranked in our market ..bitcion is the king ..soaring high
Title: Re: Bitcoin has no competition
Post by: Cangkirkopi on October 13, 2018, 12:58:16 AM
Bitcoin doesn't have competition because bitcoin is not for competition but bitcoin's goal is to create farmland to invest in trading that bitcoin for competition means bitcoin to compete But if bitcoin is a field of business in the field of business in the field of trading to trade for buying and selling bitcoin, I really agree right That's why agan2 don't take the responsibility to buy bitcoin as much - much agan2 by buying bitcoin at one time the price of bitcoin agan2 sell agan2 get huge profits
Title: Re: Bitcoin has no competition
Post by: gribble on October 13, 2018, 03:21:50 AM
in my opinion bitcoin has no competition. because bitcoin is not for competition. but bitcoin is to create trading land and to invest. meaning bitcoin is not to compete because bitcoin is a business field for trading to buy and sell bitcoin. and bitcoin also has strong foundation strength and no one can compete because bitcoin is at a higher level in the market