Post
Topic
Board Trading Discussion
Re: Bitcoin the king
by
doomloop
on 25/11/2021, 18:46:09 UTC
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?
I definitely agree that there is a good chance Bitcoin could be toppled one day and I have always believed that and said that. I know that people believe there will never be anything at the top above bitcoin but unfortunately bitcoin is a very low tech thing compared to others right now, it was the best for a while when it started but look at what we have with other things now.

I am not saying that better tech equals better ranks, that doesn't mean that we have to believe bitcoin will stay neither. For example, ETH is second and there are better tech blockchains out there compared to ETH but I believe that we are not going to see anything better than ETH for a while in rankings neither. This is why I honestly say that one day ETH will flip Bitcoin but it may not be right now, it could be sometime before it actually reaches to a whole new level.