Quote from: ndutndut on Today at 06:58:22 AM

Quote from: Babayan-nawu on October 30, 2024, 08:17:17 AM

It's very uncertain for an Altcoin to overcome Bitcoin.

Altcoin is very unlikely to beat bitcoin, there should be no debate. If you look at the history of bitcoin, it is the first coin in the crypto journey, a long time ago someone or a group of very genius people created bitcoin, and wisely kept their identities secret. In addition, they patiently waited for the value of bitcoin to explode until now.
It can be said that Bitcoin has many advantages over altcoin. Bitcoin is also the first cryptocurrency to circulate on the market, this is also what makes bitcoin have the largest network and of course the most trust from the wider community.

In addition, what makes altcoin unable to beat Bitcoin is because bitcoin is built on the most secure database ever, the power of the Bitcoin network is very strong and sophisticated. Most interestingly, the success and superiority of Bitcoin because it has produced many imitations and derivatives. Indeed, there are several altcoins that create various sophisticated technologies and try to beat bitcoin but until now they have not succeeded, even many of them end up in fraud or not many are interested, this is very different from Bitcoin which has a good reputation so that it attracts many investors.
So altcoin will never be able to threaten Bitcoin even if it is done in various ways because Bitcoin has several key technologies that cannot be imitated by any altcoin.

Only if an alt beats BTC in a credibility / tech / or else, however, I do agree with you - it probably won't happen if things stay the way they are - which is, the most desired thing from a project is to generate as much profit.