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Red-Jones

Will bitcoin ever stop being number 1 in CoinMarketcap?

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History has shown that nothing stays at the top for ever, and with these I believe no matter how long it takes Btc to stay at the top one very important factors will emerge that will cause it to fluctuate and give room to other cryptocurrencies to shine. 

But ideally it's not going to be soon 

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I am not sure about this, I look at Ethereum lately and there are people thinking it can become huge and be number one in two years from now because they think the update of Ethereum will be so good that everyone will start using ethereum and it will be more useful. I don't know if this is possible but I'm only saying what I've heard.

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I think that bitcoin will be 1st for a long time but probably something else can appear and take this place. I don't mind a lot about that as long as what happens is for the better of the future of cryptocurrencies.

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Coinmarketcap is one of the most important tools in the crypto world because it provides us with vital and very valuable information for our analysis. Here you can not only find the current and past price of all Altcoins, bitcoin and tokens, but we can also find other very relevant data that help us make important decisions in our investments. Not only can we see the reference value of the currency that we are looking for, but we can also see the volume of the last 24 hours, the number of coins that are in circulation at the moment, the value that refers to the movement it had. in the last 24 hours and a graph where we can see the market movement of each currency during the last 7 days. It also has many more options that I invite you to review for yourself.

 

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The value difference of bitcoin and other Coins is so large that I don't think it is possible in near future. One of the reasons is also that BTC is the patent of all crypto Currencies and its demand and awareness among public is more

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I am full support for Bitcoin and I don't think something else will be number 1 from these that we have today. Maybe later something better can happen. But also maybe we are missing something else that just started and we have to keep our eyes open and inform with a post.

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When we see crypto currency total market cap currently it is 128.78 billion where it's mostly shares comes from BTC and altcoin market cap is not enough to over through  BTC from it's 1st position. This will be then happen when another big coin/token comes from altcoin side who enlarge his size like BTC and  become more popular. Before that its not gonna happened. 

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I don't think so, Bitcoin is the most important and well-known cryptocurrency, everyone has heard about it either on the internet or on television but not everyone takes the time to get to know it more thoroughly.

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I don't see that happening in the near future. As we all know because he has been the mother of all Other cryptos And has secured a spot over the top of the tables since very long. Outranking the supply, demand,And reputation of bitcoin would be really hard to pull off no matter how strong the coin is so I don't think it will happen in the near future.

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Looking at the market capitalization of bitcoin, I think it is illusory to think that any altcoin or token can take that place away. The distance is abysmal between bitcoin and the second place that is ethereum. Bitcoin is the most popular and trusted by people, who see it as an asset similar to gold, they are even waiting when the next bullish movement of this digital currency will be. That first place will stand for a long time.

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Most likely, bitcoin will forever remain in the first place, because bitcoin is an indicator of the whole crypto market, the reputation leader of which reflects people's interest in investing in crypto.

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Here the big sharks of the industries apply a lot since it has been seen that if one of them or several leave the market shakes therefore everything is possible

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We should know first how cryptocurrency ranking system works on Coinmarketcap, I get to know the classification of cryptocurrencies through Coinmarketcap

Edited by minoooo5

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For now there is no coin that can surpass bitcoin, but in the future there will be other altcoins that compete with bitcoin, because bitcoin is limited, people need an alternative coin that has a high value and trading volume, namely Ethereum. ETH is predicted to be the main competitor of Bitcoin, because ETH has the same trust as bitcoin, the price of ETH continues to rise and I expect a lot from this coin.

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Number one in what respect? Volume? Value? Capitalization? Your question is not clear. In terms of market cap, I think beating bitcoin is a hard task to follow by altcoins but bear in mind that Coinmarketcap lists data in general and it doesn't refer to any specific exchange. In terms of volume, sometimes ETH beats bitcoin in some exchanges for a while (like what happened a few months ago) but this is temporary and soon bitcoin takes its crown back. So, bitcoin is the overall winner but there are always some exceptions to the rule.

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i think bitcoin eventually will crush almost all other coins, there will only be 10% of the coins left over.

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I see it impossible. Bitcoin somehow surprises us all. Since the coin was launched, more than ten years have passed. Now it is worth more than $ 10,000. I don't think it is possible, rather I think it can go higher.

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No altcoin can ever beat bitcoin. Most of them are created to alter its value to small extent for sometime and once they are done they get disappeared. The altcoins with good potential are also very much behind in value as compared to Bitcoin


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If you are look coinmarketcap today, Bitcoin is higher and the rest of altcoins are higher too at the same rate, they are just follow Bitcoin and I am afraid that the altcoins are do damage to the price of Bitcoin. I am not like see Bitcoin rise and a few useless coin go so very high too, they are not deserve the prices they have today, this is why I am only trader and have fears for investment.

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There are so many promising and valuable altcoins which have good potential and have the capability to become profitable but i don't think they could replace bitcoin because all altcoins follow Bitcoin price. If bitcoin rises they rise too and if the bitcoin falls they fall too.

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As altcoins are now there is no chance for any of them to replace Bitcoin as the first place in market cap. The altcoins have a long way to go and all of them are today priced very higher than they should. They will be lower and lower as people find they are not very good long term investments and they are all run by individuals that will dump their massive premined holding.

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It is possible that if there is a coin with a value higher than BTC and replace BTC as the transaction currency then it is possible.
If I talk about the current highest coin value, I know yearn.finance (YFI)

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There will never be a currency that pushes Bitcoin off the top unless something important happens in the future
Bitcoin remains strong and resilient despite everything that happens
Bitcoin is the most powerful currency and will remain the leader and leader in every currency
Its volume is very large and no one will ever reach it
We hope to climb more

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