Today I took my time to go round the market, there are more than 9000 cryptos in the market, but bitcoin is still the king. Now that many other cryptocurrencies are seriously pumping can they take over from bitcoin? If they take over from bitcoin can they last in that position like bitcoin?
What is your opinion.
Asked too many times but the answer still remains.
Even with ETH's innovations and a lot of altcoins in the market has been constantly improving their scalability. Smaller transaction fees and faster transactions, but still people trusts and use Bitcoin.
Still, it's far from happening that some altcoin will take Bitcoin's place. The only closest alt to Bitcoin is ETH.
right, the only closest altcoin is eth. and eth itself can't seem to match the trust of bitcoin, this is not because of the product or technology, but a belief that makes bitcoin the king of cryptocurrencies, so no one altcoin can replace it, especially for new project altcoins