Post
Topic
Board Bitcoin Discussion
Re: The Possibility Of An Altcoin To Overcome Bitcoin Is Very Rare.
by
Zaguru12
on 30/10/2024, 20:31:06 UTC
Maybe there will be an altcoin to maybe compete with the attention that bitcoin is having, but it will still be bitcoin at the end. If there will be anything overtaking bitcoin, it will spun from another technology that has an edge over bitcoins. Some people on hearing about cryptocurrency may want to focus on other altcoin instead of bitcoin itself. Some have been lucky to profit, but some people have been discouraged after finding out that they have invested wrongly. If anybody is doubting what to invest in, they should invest in bitcoin.

Currently bitcoin has the edge already in terms of attention which many think it’s because of bitcoin been the first decentralized currency but I say it’s not just that, we have seen innovations been the first of their kinds dying off and losing relevance to a later one because of the qualities they possess and that’s the difference with bitcoin it’s quality doesn’t seems like a thing that will dispose easily like that, it has its limitations like the scalability issue but when you look at it any innovation coming to correct it usually ends up tampering with the decentralized system and that’s the only way an Altcoins can actually surpass bitcoin, but the scalability issue isn’t as dare to the investors like the decentralized network they will have