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Author Topic: Altcoin will overtake bitcoin  (Read 12315 times)

Offline Coin63@

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Re: Altcoin will overtake bitcoin
« Reply #60 on: September 21, 2020, 09:48:32 AM »
Bitcoin is the best online Crypto in the crypto market but a few days ago YFI price was placed the bitcoin price but bitcoin ranked remains unchanged. But YFI price three times more than bitcoin.

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Re: Altcoin will overtake bitcoin
« Reply #60 on: September 21, 2020, 09:48:32 AM »

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Offline Riya143

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Re: Altcoin will overtake bitcoin
« Reply #61 on: September 21, 2020, 02:36:23 PM »
There are many potential coins in the cryptocurrency market. But no coin can replace Bitcoin or replace Bitcoin. No coins can occupy space. Bitcoin itself is in the position of a king. Bitcoin should be given dignity in the market no matter what. Because Bitcoin is traded by people all the time. Bitcoin has a lot of users. A good potential result of Bitcoin you will officially notice.
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Offline lepbagong

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Re: Altcoin will overtake bitcoin
« Reply #62 on: September 21, 2020, 02:48:36 PM »
There are many potential coins in the cryptocurrency market. But no coin can replace Bitcoin or replace Bitcoin. No coins can occupy space. Bitcoin itself is in the position of a king. Bitcoin should be given dignity in the market no matter what. Because Bitcoin is traded by people all the time. Bitcoin has a lot of users. A good potential result of Bitcoin you will officially notice.
all have acknowledged that bitcoin is the king of crypto and until now nothing can replace it even though there may be something that costs more than bitcoin, but that is not the standard.
so if there are still doubts, they can be sure they don't know crypto thoroughly and we have to understand it.
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Re: Altcoin will overtake bitcoin
« Reply #63 on: September 21, 2020, 04:16:09 PM »
There are many potential coins in the cryptocurrency market. But no coin can replace Bitcoin or replace Bitcoin. No coins can occupy space. Bitcoin itself is in the position of a king. Bitcoin should be given dignity in the market no matter what. Because Bitcoin is traded by people all the time. Bitcoin has a lot of users. A good potential result of Bitcoin you will officially notice.
Agree with you. Bitcoin is a brand. And many famous and rich people have it, who will not allow them to overtake it. This is gold, even if it is difficult for them to conduct payment transactions on a daily basis.

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Re: Altcoin will overtake bitcoin
« Reply #64 on: September 21, 2020, 06:32:45 PM »
Immediately recent YFI already crossed the bitcoin market with the price range of 42000 dollar prices that 4 times than bitcoin price. But YFI can hold the price within one month period. It already dumped to half of total value.

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Re: Altcoin will overtake bitcoin
« Reply #65 on: September 22, 2020, 07:38:15 AM »
The community Yearn Finance could encourage Bitcoin holders to migrate to the ecosystem of one of the largest existing DeFi platforms, with a possible positive impact on the price of YFI.If it happens we will have a new leader.

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Re: Altcoin will overtake bitcoin
« Reply #66 on: September 22, 2020, 04:56:54 PM »
Let's say we don't have to argue about this anymore. Because Bitcoin will be very hard to beat, even though for example there are coins that are more expensive than BTC, such as YFI for example. But in terms of value, trust, and development, no one has beaten BTC so far. BTC dominates.
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Re: Altcoin will overtake bitcoin
« Reply #66 on: September 22, 2020, 04:56:54 PM »


Offline ranaprime

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Re: Altcoin will overtake bitcoin
« Reply #67 on: September 22, 2020, 06:22:05 PM »
Yes why not. Already altcoin overtake bitcoin. Now YFI is the top coin in the crypto currency market. Approximate $36000 per YFI. In future i think several coin will overtake bitcoin. Now a days altcoins have more potentiality. 

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Re: Altcoin will overtake bitcoin
« Reply #68 on: September 23, 2020, 04:54:56 PM »
For the price of Bitcoin it can be overtaken, but for the total market cap of Bitcoin will not be beat.
Even YFI's price is way above Bitcoin, its market cap ranking is still way below Bitcoin.
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Re: Altcoin will overtake bitcoin
« Reply #69 on: September 24, 2020, 02:25:32 AM »
A cryptocurrency (or crypto currency) is a digital asset designed to work as a medium of exchange wherein individual coin ownership records are stored in a ledger existing in a form of computerized database using strong cryptography to secure transaction records, to control the creation of additional coins, and to verify the transfer of coin ownership. It typically does not exist in physical form (like paper money) and is typically not issued by a central authority. Cryptocurrencies typically use decentralized control as opposed to centralized digital currency and central banking systems. When a cryptocurrency is minted or created prior to issuance or issued by a single issuer, it is generally considered centralized. When implemented with decentralized control, each cryptocurrency works through distributed ledger technology, typically a blockchain, that serves as a public financial transaction database.

Bitcoin, first released as open-source software in 2009, is the first decentralized cryptocurrency. Since the release of bitcoin, over 6,000 altcoins (alternative variants of bitcoin, or other cryptocurrencies) have been created.

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Re: Altcoin will overtake bitcoin
« Reply #70 on: September 24, 2020, 11:56:59 PM »
This is only an issue, I doubt if any altcoins to overtake Bitcoin. What is to overtake? The price? If it is about the price, there are many altcoins having higher prices. But none of them have a big role in the crypto space as Bitcoin. Also, no altcoins have big popularity as Bitcoin till now. Yep, Bitcoin is still irreplaceable, it is a unique coin.
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Offline Black ID

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Re: Altcoin will overtake bitcoin
« Reply #71 on: September 25, 2020, 07:30:04 AM »
I think it is still impossible to replace bitcoin into king. Although there were altcoins at a price that far exceeded bitcoin. But in terms of quality and sales volume, bitcoin remains king.
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Offline Fenix

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Re: Altcoin will overtake bitcoin
« Reply #72 on: October 03, 2020, 05:46:39 AM »
I think it is still impossible to replace bitcoin into king. Although there were altcoins at a price that far exceeded bitcoin. But in terms of quality and sales volume, bitcoin remains king.
Time passed and kings always grew old and died. Apparently, this will be the case over time and with Bitcoin. Bitcoin is really aging and altcoins are developing at a very fast pace. The price dominance of bitcoin is still supported by the expected continuous growth in its price. Everything will change dramatically as soon as Bitcoin stops meeting expectations.
The development of cryptocurrency is still difficult to predict. Perhaps the cryptocurrency that will replace Bitcoin in leadership has not yet emerged. In addition, there may be a situation that there will be no more pronounced leader of the cryptocurrency.

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Offline Malam90

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Re: Altcoin will overtake bitcoin
« Reply #73 on: October 03, 2020, 03:07:23 PM »
It is almost impossible to overtake Bitcoin comparing marketcap. Only Bitcoin has more than 57% marketcap where more than 4000 altcoins marketcap is 43%. If any coin like Ethereum to beat Bitcoin needs to raise price more than $2000 where BTC needs to stay at same position. Is it simple? The simple answer will be no.

Offline pornflixandchill

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Re: Altcoin will overtake bitcoin
« Reply #74 on: October 03, 2020, 04:51:32 PM »
nothing can replace BTC, unless some ALTs have large trading volume, and is accepted by most exchanges.


 

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