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Author Topic: Will Bitcoin remove all other altcoin from the market?  (Read 25551 times)

Offline Gurujebs

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Re: Will Bitcoin remove all other altcoin from the market?
« Reply #75 on: January 14, 2021, 08:49:07 PM »
Even in a big race comprise of many people, because one was opportune to be first in the beginning of the race doesn't mean you will win the race. We seen instances were the last became the first just before the end of the race.
The above analogy apply to bitcoin and altcoins. There is progress in cryptosphere and we have new ton of projects that are working to create more solutions to the existing projects.
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Re: Will Bitcoin remove all other altcoin from the market?
« Reply #75 on: January 14, 2021, 08:49:07 PM »

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Re: Will Bitcoin remove all other altcoin from the market?
« Reply #76 on: January 14, 2021, 09:38:40 PM »
Of course, this will never happen. No matter how good our clothes or shoes are, we will still use other types of them depending on the season, ambient temperature and a number of other factors. The same thing happens in cryptocurrency. Bitcoin cannot cover all the functions of cryptocurrencies and satisfy the needs of various groups of people. On the contrary, the number of different types of cryptocurrency will continue to grow.
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Re: Will Bitcoin remove all other altcoin from the market?
« Reply #77 on: January 15, 2021, 04:14:52 AM »
What do you mean removing? DO you mean that there will be only one crypto in the world? Bitcoin?
Now, it will never. Bitcoin will have a higher value because of altcoins. They can support each other. However, some shitcoins must be eliminated and removed.

I agree with you, I think It is impossible. I don't believe bitcoin will remove all other altcoin from the market. they will support each other and It will exist for along years. So, I don't agree with it.  Bitcoin is the King of crypto currency, No King without others.

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Re: Will Bitcoin remove all other altcoin from the market?
« Reply #78 on: January 15, 2021, 04:25:45 AM »
Any guardian of a family doesn't like to remove other members from the family. He takes care of his family and fosters them under his shade. Bitcoin is the guardian of altcoins. Bitcoin is the poster of all cryptos. Improvement of Bitcoin enhances the flourishment of altcoins. Success and fall of altcoin in the market depends on the price of Bitcoin most of the cases. So, Bitcoin will foster altcoins. It's not working on removal altcoins at all.

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Re: Will Bitcoin remove all other altcoin from the market?
« Reply #79 on: January 15, 2021, 05:53:49 AM »
Bitcoin is known as the number one coin in the world. Bitcoin is called the king of the cryptocurrency world. Bitcoins account for more than half of the cryptocurrency market. But I think it's not possible that Bitcoin will vanish all other coins from the market.

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Re: Will Bitcoin remove all other altcoin from the market?
« Reply #80 on: January 15, 2021, 06:52:58 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.

I think It It will not happen. Bitcoin will not remove all other altcoin. Bitcoin is the King of crypto currency and As we know altcoin as be follower. They have own communities. I think They are different at community.

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Re: Will Bitcoin remove all other altcoin from the market?
« Reply #81 on: January 15, 2021, 07:31:18 AM »
I think It It will not happen. Bitcoin will not remove all other altcoin. Bitcoin is the King of crypto currency and As we know altcoin as be follower. They have own communities. I think They are different at community.

I agree
Bitcoin without cryptocurrencies is not interesting as it is today. Thanks to cryptos that shape Bitcoin dominance and building strong world of digital era. Bitcoin is the major key while cryptos are there to filled up the messing piece of Butcoin.

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Re: Will Bitcoin remove all other altcoin from the market?
« Reply #81 on: January 15, 2021, 07:31:18 AM »


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Re: Will Bitcoin remove all other altcoin from the market?
« Reply #82 on: January 15, 2021, 08:59:59 AM »
Well, I don’t think this will happen in the near future, because if bitcoin demolishes the rest of the cryptocurrencies, it will become a monopoly and uninteresting means of investment, besides, what about new projects that want to create something new and unique? This will not happen at least during our lifetime, so enjoy the variety of cryptocurrencies)

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Re: Will Bitcoin remove all other altcoin from the market?
« Reply #83 on: January 15, 2021, 03:57:42 PM »
Well, I don’t think this will happen in the near future, because if bitcoin demolishes the rest of the cryptocurrencies, it will become a monopoly and uninteresting means of investment, besides, what about new projects that want to create something new and unique? This will not happen at least during our lifetime, so enjoy the variety of cryptocurrencies)

I agree your opinion about This will not happen at least during our lifetime, so enjoy the variety of cryptocurrencies. Yes I agree , I believe It will not happen. I think we will see many new altcoin and this year and the next. So don't worry about it.
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Re: Will Bitcoin remove all other altcoin from the market?
« Reply #84 on: January 16, 2021, 02:59:05 AM »
Well, I don’t think this will happen in the near future, because if bitcoin demolishes the rest of the cryptocurrencies, it will become a monopoly and uninteresting means of investment, besides, what about new projects that want to create something new and unique? This will not happen at least during our lifetime, so enjoy the variety of cryptocurrencies)

I agree your opinion about This will not happen at least during our lifetime, so enjoy the variety of cryptocurrencies. Yes I agree , I believe It will not happen. I think we will see many new altcoin and this year and the next. So don't worry about it.

Yes You are right, we will see many new altcoin at this year and the next year. I see there are many new tokens project. So I don't believe bitcoin will remove all other altcoin from the market. I think It is impossible.
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Re: Will Bitcoin remove all other altcoin from the market?
« Reply #85 on: January 16, 2021, 04:51:45 AM »
Every coin has its own value and Growth. It is not impossible that other coin removed by Bitcoin. But yes prices of some shit coins may be affected if the team behind that coin is inactive and do not show any progress about it.

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Re: Will Bitcoin remove all other altcoin from the market?
« Reply #86 on: January 16, 2021, 06:26:24 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.
  I think it’s not possible to remove all other cryptos from market.  Because every coin has it’s won value in crypto. But bitcoin is one of the best coin in cryptocurrency market and it’s the king of all coins.  All coins in crypto will support each other and it will exist for a long years.  So, bitcoin will not remove another coin from crypto market.                   

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Re: Will Bitcoin remove all other altcoin from the market?
« Reply #87 on: January 16, 2021, 08:13:53 AM »
Prices for Bitcoin retreat from the recent highs, the strong performance of other cryptocurrencies indicate traders and investors may now be turning to alternative coins for potential high returns so this is the positive sign of it as we have seen altcoins pump both before and after previous correction in ways that we have not really seen since 2017 so for me Altcoins cannot be remove in the market.

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Re: Will Bitcoin remove all other altcoin from the market?
« Reply #88 on: January 16, 2021, 09:02:49 AM »
Bitcoin has always been the strongest player in altcoins in the bitcoin futures market and will always lead and thrive in the future. Bitcoin is the hottest coin in the market as a lot of investors are investing in bitcoin

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Re: Will Bitcoin remove all other altcoin from the market?
« Reply #89 on: January 16, 2021, 09:22:23 AM »
Bitcoin is blurring other altcoins. Bitcoin futures also dominate the market for a long time because Bitcoin always offers great value to traders. Other altcoins are trying to evolve in their new direction

 

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