Re: Bitcoin has no competition

I think you are right bitcoin do not have any competitors, as bitcoin is a bigger crypto currency and most people want to put their money in bitcoin and are using it as a currency while other coins are only used for trade,

You are right, now bitcoin is going to be a normal currency and a number of people have adopted it as a currency for their purchases, while all other currencies are for trade only their developers are not going to provide services with them.

Bitcoin has always been a currency. Same goes up for the investment aspect of Bitcoin. Bitcoin can be seen as a mult-purpose tool that offers features for the majority of the people. I say majority because there is no way to please all people.

There is a people is saying if bitcoin is not a currency?that's a very bad logic and the main purpose of bitcoin has become an alternative currency. we don't know if in this time bitcoin will have multiple purposes.

yes bitcoin created to compete with currency so it is not design to compete with alt and beside all alts are just relying
to btc price so how can they compete with their origin.

bitcoin is a cryptocurrency not like ordinary currency,bitcoin have so many advantages in digital world but could be easily beaten when it comes to real world,the ordinary currency having some sort of advantages in real world or call it offline because it was designed for this,actually altcoin could compete with bitcoin even it's still relying to bitcoin price

I disagree with that how can a coin compete a currency as all other altcoins do not have bigger companies as supporters and if have then only one or two and with that these altcoins can be beaten any time, while bitcoin has a wider market cap and have a large number of companies who are supporting for and are relying on it for their business.

Yeah, the competition in the digital currency will not be able to penetrate in the bitcoin. Because the bitcoin already has a very strong foundation and all existing altcoin is as a complement to strengthening growth bitcoin. So it is not true. Bitcoin will remain a leading digital currencies and will never be replaced by existing altcoin