Will Bitcoin lose market share?

[nazakethussain]

Undoubtedly, everyone knows the name of Nokia, and, with its words, quality and performance are brought into the minds of individuals. Nokia was one of the first mobile phone companies in the world. In 1998, Nokia was able to rely on the royal palace of the mobile phone companies, and the largest share of mobile phone sales. But with the advent of Apple's phones and Android phones, the share of Nokia has fallen sharply so that they were eventually bought by Microsoft in 2013.
In my opinion, Bitcoin has a way that Nokia. Bitcoin technology is old compared to other Altcoin. Bitcoin was the first, but perhaps not the best.

[marksayson]

Undoubtedly, everyone knows the name of Nokia, and, with its words, quality and performance are brought into the minds of individuals. Nokia was one of the first mobile phone companies in the world. In 1998, Nokia was able to rely on the royal palace of the mobile phone companies, and the largest share of mobile phone sales. But with the advent of Apple's phones and Android phones, the share of Nokia has fallen sharply so that they were eventually bought by Microsoft in 2013.
In my opinion, Bitcoin has a way that Nokia. Bitcoin technology is old compared to other Altcoin. Bitcoin was the first, but perhaps not the best.

Lets just hope that it dont turn to that way. Bitcoin prices and its movements relies on the customers supply and demand.

[Crypto Guard]

If the value of bitcoin goes down, chances are that many people will leave bitcoin. Investors will lose confidence in bitcoin, and decide to sell coins even at low prices. But so far, bitcoin still has many fans in various countries. Even bitcoin is increasingly known and popular.

[abc123]

I think bitcoin is different from nokia.nokia cannot keep up with market share like other cellular phone products.although there are other crypto coins that are more profitable to invest than btc but BTC remains the best in my opinion.BTC has been used in various countries because BTC is increasingly popular.I am sure BTC still has markets around the world.

[pragna]

Undoubtedly, everyone knows the name of Nokia, and, with its words, quality and performance are brought into the minds of individuals. Nokia was one of the first mobile phone companies in the world. In 1998, Nokia was able to rely on the royal palace of the mobile phone companies, and the largest share of mobile phone sales. But with the advent of Apple's phones and Android phones, the share of Nokia has fallen sharply so that they were eventually bought by Microsoft in 2013.
In my opinion, Bitcoin has a way that Nokia. Bitcoin technology is old compared to other Altcoin. Bitcoin was the first, but perhaps not the best.

No, Mobile system and Bitcoin system are totally different here i think. NOKIA was in windows version on the other hand Adroid was in another operating system that people handle so easily and as a result NOKIA fall their share market. I mean here compare system change. But in cryptocurrency there is no system change, here only market up and down. so i think no so.

[Ahmedalab]

Investors will lose confidence in bitcoin, and decide to sell coins even at low prices. But so far, bitcoin still has many fans in various countries. Even bitcoin is increasingly known and popular.

[yousufatik]

Bitcoin will never lose market share, because bitcoin is a very popular digital money and many investors want to invest, because bitcoin is a very profitable investment place, so bitcoin will not end and it will not lose market share.

[bdsharminsoltana]

Bitcoin has to step up as the new coins are offering better products. I know the core team behind Bitcoin can do this. They are composed of brilliant people. Bitcoin is the most trusted of all coins so there is no reason why Bitcoin will simply vanish in the face of younger coin influx. Nokia was the same. It was just that they decided to get absorbed by Microsoft. They could have decided to fight on.

[mamun777]

It is theoretically possible that anyone can come up with an equivalent or more user base, market volume, utility value and price to replace the Bitcoin. There are many good coins out there but as of now, I don't see any coin having that potential to replace Bitcoin at least in the next 5 to 10 years from now. Bitcoin is a dominant currency in the crypto sector and I don't see any reason for it, not to.

[kamal420]

The market is important of the all business process. If the market will be down. Share market will go down. So market price is important for all country improvement. People before invest check the market price day by day. Then people choose and invest the coin. It the good opportunity for the get more profit. All country business in the marketplace. So people follow the market price. If the market is red that time price goes down. So people choose that time to invest. It changes all the process.

[Helex]

buyers will lose confidence in bitcoin, and determine to sell coins even at low charges. but up to now, bitcoin still has many fanatics in various international locations. Even bitcoin is increasingly acknowledged and famous.

[khufuking]

Your comparison is totally not in line here, Bitcoin is a currency, not a product that will just get old. When you compare Bitcoin you should compare it to gold, now does gold lost its value to Fiat money!? Bitcoin is like gold in Cryptospace, it will never get old or outdated even by more advanced Currency, it is a done deal Bitcoin is #1 and will remain as it is no matter what.

[bdamenaakter]

One big mistake that Nokia did was not adopting Android when it was obvious that Android will be the next big thing. Have they adopt Android and adapt with the market at the time, I'm sure things wouldn't be as bad for them.
It's a different story for Bitcoin. Bitcoin is continuously being developed by hundreds of developer all the time. It's an open source project, everyone can contribute to Bitcoin development. Also, why did you say Bitcoin is not the best? I believe Bitcoin has the most active development compared to other cryptocurrencies.

[Cutter Cute]

Bitcoin is different from Nokia. But if we talk business. We will see Bitcoin still superior in price and altcoin will fill a gap that is lacking. I still believe Bitcoin and Altcoin will unite and fill each other's shortcomings

[Garriss789]

Now progress jumps with such steps that it is impossible to argue, while Bitcoin is digital gold, we will see what will happen next with the arrival of new super computers.