Post
Topic
Board Bitcoin Discussion
Re: The Possibility Of An Altcoin To Overcome Bitcoin Is Very Rare.
by
taufik123
on 05/11/2024, 10:24:29 UTC
-snip-
The main reason Altcoins will never overtake Bitcoin because of it's trust and confidence. Every day new altcoins are coming in the market where people are being cheated by investing. Top altcoins scam was organized in 2021 and in the future anyone can turn their project into a scam. That's why there is no chance to have 100% confidence. And for this reason, Bitcoin has no way to be overtaken by altcoins.
-snip-
It's not just about trust and belief, but Bitcoin also has a large community that supports Bitcoin.
Almost everyone who is in crypto will get to know Bitcoin first and Bitcoin Prime Portfolio for the long term.

And about how altcoin fraud occurs it is only a tool, not completely altcoins committing fraud.
Even Bitcoin is also used as a fraud tool, but of course it is not Bitcoin that is the core of the scam.

Bitcoin is still at the top because Bitcoin is the first and all depend on Bitcoin.
Altcoins may only match ETH which has always followed the trend of Bitcoin until now.

And for altcoins that keep popping up or even memecoins that pop up every second, it's indeed made just to cheat and for speculation alone, nothing lasts long.