Still, bitcoin supporters have pointed to the rise of ethereum and litecoin, and now the hundreds of other digital rivals, as good news. It shows that more people are adopting digital currencies and that the technology has the potential to overtake the dollar, gold or other traditional currencies as an investment..The real threat to Bitcoin s supremacy may not be from governments. A year ago, Bitcoin made up of the crypto market and now it s down to just . As speculators turn away from the breakout star, will rivals continue to erode Bitcoin s dominance? Bloomberg s Eric Lam reports on "Bloomberg .Welcome to r btc! Home of free and open bitcoin discussion, bitcoin news, and exclusive AMA Ask Me Anything interviews from top bitcoin industry leaders! Bitcoin is the currency of the Internet. A distributed, worldwide, decentralized digital money. Unlike traditional currencies such as dollars, bitcoins are .Rivals Erode Bitcoin s Store of Value. . SHARE. Facebook Twitter. Corrects the percentage change in the price for ethereum and litecoin in the second paragraph. This article was curated from Google News. You can read the original article here. SHARE. Facebook Twitter .
Related posts to Rivals Erode Bitcoin’s Store of Value
Bitcoin cash, an offshoot of bitcoin that was introduced just this summer, is already trading at more than $, for each virtual coin. All of this makes bitcoin's , percent increase this year look puny..
Bitcoin is hot, except when you compare it with ethereum or litecoin or bitcoin cash or some other digital currencies. Then it's just lukewarm. And that could be a .
Bitcoin is hot, except when you compare it with ethereum or litecoin or bitcoin cash or some other digital currencies. Then it's just lukewarm. And that could be a problem. Rise in Price of Ethereum This Year. , . The price of ethereum, the second largest digital currency after bitcoin, is up nearly , percent this year to a recent $..
Bitcoin is sizzling, other than when you compare it with ethereum or litecoin or bitcoin hard cash or some other electronic currencies. Then it can be just lukewarm..