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Delgboke

Can there be another Bitcoin?

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I don't think this is because Satoshi has just made this coin, but in the future it is possible to offer a new cryptocurrency similar to Bitcoin, but it needs a lot of time

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I do not think that Takween is the one that dominates everything in the field of encrypted business. It is the best thing and I expect a good future for him and that I will be very influential for companies in the future.

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It's true in the crypto market there are thousands of cryptocurrency but I didn't see any cryptocurrency powerfull like Bitcoin. All of the people are interested in bitcoin maybe it's the king of the cryptocurrency and it's dominated the other crypto.

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what do you mean by can there be another bitcoin?
I think some altcoins can be said to be bitcoin, even better than bitcoin,
I'm not talking about price, because of course bitcoin will be the best, besides that because the supply is very limited, but when it comes to functions and advantages, many altcoins are already better than bitcoin, like LTC, XRP or ETH. even many new coins also have advantages, such as minter, cosmos, etc.
many aspects must be seen and considered if you want to compare cryptocurrency with one another.


 

 

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On 1/21/2020 at 3:52 PM, Somrat7 said:

Bitcoin tie is the highest and if there is a new coin, it may be another name but bitcoin will not be. Top and other coins are bitcoin gurus, if they don't mean this, they're right now.  

I believe in the level of popularity of bitcoin throughout the world even bitcoin always provides benefits for everyone who participates so that today many people like bitcoin and flatter good programs, therefore if there are top Coins and others are bitcoin teachers but if lower rather than bitcoin it means that there are new coins.

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There will be many coins in the future and some of them may be much more advanced than bitcoin but there will be no replacement for bitcoin because usually when a new technology announces for the first time, the starter of that technology will be remembered most in people's minds and this is why bitcoin has secured a really firm position in the world of cryptocurrency. Even if a new coin with lots of amazing features reveals today, it has to stay in the market for 11 years to reach the same level of establishment and validity that bitcoin has achieved today.

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There are many other cryptocurrencies besides Bitcoin, but none of these cryptocurrencies can boast the same hashrate as Bitcoin. This guarantees network reliability. The most powerful supercomputer does not exceed one hundredth of the power of a bitcoin network. So I think that a new bitcoin with the pow protocol is unlikely to be. If you look at other protocols, then maybe it will appear, but with less reliability.

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On 1/25/2020 at 12:34 PM, redsals said:

Another bitcoin no, but if you mean can some other cryptocurrency can replace bitcoin the answer will be yes, bitcoin like any other coin will be old some day and will be almost retired at some point.

a coin could be old and retire? ok seriously who brought you into crypto world? do you think coins are like humans? paper money have been around for centuries now...have it retired as well?

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On 1/21/2020 at 4:13 AM, Delgboke said:

There are many thousands of cryptocurrency and altcoins in the cryptocurrency market especially on coinmarketcap which is cmc but still more are entering into market on daily basis, but can there be any other Bitcoin? 

Technology always gets replaced by something better. Especially software. It is with 100% certainty that I answer that Bitcoin will be replaced by something better in the future. 

For this fundamental reason alone, you cannot call Bitcoin "a store of value", as when it gets replaced it will become obsolete.

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I do not think Bitcoin is the strong, of course, he is controlling everything in the currency market, and I do not expect that there will be any competing currency for this in the cryptocurrency market.

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There can Have another bitcoin but which will not be able like thid bit coin to dominate trading market as it is being very popular and trending now.So it will be difficult for other to be triumphed over present bitcoin.    

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On 1/27/2020 at 8:57 AM, Compass said:

I don't think that there once will be an altcoin that can replace Bitcoin. Bitcoin is an absolute leader on the market. But not to be biased I have to admit that there are already quite strong competitors. One of them is Ethereum of course. It showed an exceptional growth last year making it the 2nd most popular cryptocurrency of the year.The biggest accomplishment of Ethereum perhaps is the support from some leading organizations like Microsoft and IBM.

It doesn't matter that a decentralized currency has support from Fortune 500 companies, the bottom line is that a decentralized currency that is used the most wins. And that is bitcoin because Ethereum was released 6 years after bitcoin in 2015, bitcoin cash in 2017, nobody had the interest to pay with these coins.


Why are you looking for another faucet in signatures like mine, cryptotalk is the best earnings site. 😉

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On 1/21/2020 at 7:13 AM, Delgboke said:

There are many thousands of cryptocurrency and altcoins in the cryptocurrency market especially on coinmarketcap which is cmc but still more are entering into market on daily basis, but can there be any other Bitcoin? 

I don't think so.I have seen a coin LTD on Yobit which  price was $49999 .But mostly people don't know about that coin so an other BTC is not possible right now.

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I think that this is very difficult if it was not impossible, because the current conditions are not the same as in the past, but rather they failed. Also, there is no currency that can bring the advantages that Bitcoin has, and here is the difference.

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On 1/27/2020 at 2:12 AM, Migo said:

I don't think so, because the challenge between the coins started years ago, and until now i didn't see a coin more powerful than bitcoin, there is other expensive coins in the market more than bitcoin, but no one interested in them, maybe some people does not know them anyway 

As you can see the field of cryptocurrencies has prolonged dramatically since bitcoin was launched over a decade ago and the after that remarkable digital sign may be unconfined tomorrow or next because nothing it predictable in crypto world.

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No i dont think so. But anything is possible in here. But a coin need to have that much demand like bitcoin which is almost impossible

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On 1/22/2020 at 5:00 PM, mitsutech said:

Yes because bitcoin is number 1. And also the very first coins created and adopted blockchain.  Bitcoin is also great because of uniqueness that other coins can't copy

As you can see they are actually synthetic of the actual bitcoin but poorer in price and several are larger in coin promote capacity. But they will not at all beat the valid bitcoin.

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On 1/21/2020 at 3:13 AM, Delgboke said:

There are many thousands of cryptocurrency and altcoins in the cryptocurrency market especially on coinmarketcap which is cmc but still more are entering into market on daily basis, but can there be any other Bitcoin? 

Well I can't say for sure since am new to cryptoworld  but if there is any  existing coin like btc I will like to know 

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In my opinion this is impossible. Because the bitcoins worth more high and we know that crypto world is famous due to bitcoins. Here i told if all bitcoins mined then may be it new crypto coins strong, But this is difficult for new coins that compete the bitcoins.

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I really appreciate if there are coins other than bitcoin or coins that replace bitcoin positions. Until this moment, everything has been unable to replace bitcoin.

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1 hour ago, Sajib Chakroborty said:

I don't think so that there is another Bitcoin. Because Bitcoin is only one and it is the base of whole cryptocurrency system. this is why it is also called the mother of cryptocurrency

I don't know where all those titles were from bitcoin. But certainly bitcoin is one of the strong crypto and influential on the crypto market.
 

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For example, the maximum circulation of Bitcoin is 21 million coins. If 21 million coins have been mined, new Bitcoin will not be released unless the protocol is changed. People can only do transactions with coins that have been circulating. That is, there is a limited supply here that will make the price of Bitcoin continuously increase if the demand remains high. The same thing is experienced by other crypto currencies.

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On 1/21/2020 at 4:58 AM, Smiling_assasin said:

In my opinion it is not possbile because bitcoin is the mother currency of crypto market as well as it has huge number of following and marketcap.

Yes you are correct bitcoin is the king or all Crypto currency so we don't that they are be any form of another type of bitcoin in the history of Crypto currency.

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5 minutes ago, Mizan001 said:

Ethereum (ETH) 1 Ether, launched in 2015, is currently the second-largest digital currency by market cap after bitcoin, although it lags behind the dominant cryptocurrency by a significant margin. As of January 2020, ether's market cap is roughly 1/10 the size of bitcoin's.

Yeah we know about ethereum but what the author is asking is whether they can be another type of Crypto currency that is more popular than bitcoin its self. Which for now I don't think it's possible.

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