Post
Topic
Board Economics
Re: What would happen if another cryptocurrency took Bitcoins place in Market Cap?
by
henmark
on 24/07/2018, 05:29:11 UTC
So what do you think would happen if another Cryptocurrency (Example Monero / Ethereum etc) were to take Bitcoins spot as first in market cap?
Then there would be a new "KING" if that thing do happen on seeing bitcoin is being overtaken by other altcoins in the market.It would surely be a record and lots of people would be shocked specially to those who hardly believe on bitcoin but we do all know this thing is really hard to achieve,its possible but would really takes time and consideration on the community on switching out into a new coin rather than on bitcoin itself.

Anything will happen. I think some people or investors will immediately select the new one. But let us not be afraid of losing, instead we must strive hard in order for us not to be eliminated.
impossible is nothing in crytpocurrency. while altcoin take bitcoin place,it make cryptomarket more stable and heath.bitcoin dominant will reduce and make other coins more valuable.
You are right that there are limitless possibilities but how do you think is it going to happen? How can you say that altcoin can replace Bitcoin despite knowing the facts that Bitcoin is having the largest market cap and has been ruling since it was introduced. If you think Bitcoin will be replaced by another coin just because it has a volatile price, that is a wrong base to decide the future.