Bitcoin Forum

Hi everyone,
I am curious to know if there any possibility for any other crypto coin to replicate the feat of Bitcoin or even surpass it in the near future.

In the past, a lot of dev has tried to do this through forks. They have tried to replicate Bitcoin but with no avail. We have 2 forks in Bitcoin, soft fork and hard fork. The hard fork, is what the developers had tried to create fake replica of Bitcoin like the wrapped Bitcoin wbtc and BCH there are some others I can't remember though. But after many years of trial, they still couldn't do it as Bitcoin cannot be replaced as who will one want to buy a duplicate in the first place?We can't tell about the future as we know it's unpredictable. But for now I don't think there's any cryptocurrency out there that would be created with such potential to surpass that of Bitcoin.

Most of these coins you see today are just profit in and profit out. A lot of these memecoins and new network won't last for long even with their current hype and pump that's going on in the crypto market. So I don't think there is any chance for any of these current cryptocurrency or developers to create something that can surpass Bitcoins potential and level now.

It depends — which feats/achievements specifically? Bitcoin has succeeded in a lot of things but only some of the feats can be replicated in other cryptocurrencies.

But just to answer the question — technically? Yes, because in the tech world, you can't say certain things are 'impossible'; but how likely? Very very unlikely in my opinion.

Bitcoin has experienced extraordinary improvements, but you need to know that this was not achieved easily and quickly. So if there is a breakthrough from a new crypto that can match Bitcoin's achievements in a short time, I don't believe it can.
popularity and trust in Bitcoin is very high in the market. Even though you may see a meme coin that has managed to gain popularity quickly, the achievement will not be as big as Bitcoin.

never believe a project that says they are the next Bitcoin.

Technically a lot of bitcoin features can be replicate and it might even surpass bitcoin not even in the nearest future but there already exist some kind of coin that has more privacy than bitcoin which is known as monero, there are other areas which other cryptocurrencies has copied bitcoin features and might even do well than bitcoin.

But in a general statistics no coin can be compared to bitcoin not even in price if that's where you are looking at and the capacity, bitcoin has done well over 15-16 years now and do you think that some coin that will emerge today can beat bitcoin after all this years and a large community.

well if any dev or crypto forks tries to convince you to buy some shitcoins using such scenarios or should I call it lies that their shitcoin will perform well than bitcoin in future you can tell them to go fuck themselves.

That's just it. There had been a lot of ideal developers who had tried to replicate bitcoin but couldn't succeed it likewise the populous AltCoins that has also structured to doublecross bitcoin in potentialities but yet to no avail.
Bitcoin has followed due processes of cryptocurrencies without enforcing manipulations to gain dominance and the potential values so, lucky enough that as time goes more adoptors are accepting the bitcoin financial technology which is giving it more potential values and other cryptocoins tending to manipulate to surpass bitcoin always flops just like the MemeCoins forces in.
Just as you've said, for now, there's no cryptocurrencies to dare surpassing of bitcoin while the future remains unpredictable to be determined what cryptocurrency would remain at the top in the far future.

It is very, very unlikely that will happen in the near future and very unlikely it would happen in the distant future but is not impossible.

I do not think there is any existing coin that can deliver the features bitcoin has better than it does, in the future it is possible, do not hold your breath however.

- Jay -

Actually there is nothing that is impossible but for the case of another cryptocurrency rivalring Bitcoin, that is close to being impossible. Bitcoin have come a long way, survived so many challenges and it is looking like it has not even started considering the present realities where many institutions and governments are keying into it. Having another cryptocurrency to pass through those lengthy and rigorous processes is something difficult to imagine.

I understand that most of you are usually brainwashed by new projects that promise to solve their sometimes imaginary problems with Bitcoin. They come with all manners of conjectures with the sole purpose of wooing innocent investors through promise of earning stupendous ROI. But in the end, they will deliver nothing and work away with fat envelopes.  If you have been entangled in such fantasy, please wake up and start building your Bitcoin portfolio because we are just getting started.

There are many feats that Bitcoin, since its creation has been able to achieve. One of which is in the number of people who own bitcoin compared to other cryptocurrencies. To support this statement , let me state Metcalfe's Law (https://www.linkedin.com/pulse/metcalfes-law-understanding-power-network-effects-sai-matam#:~:text=in%20the%20network.-,Metcalfe's%20Law%20states%20that%20the%20value%20of%20a%20network%20is,more%20valuable%20that%20network%20becomes.). It states that the value of a network is proportional to the square of the number of connected users or devices in the network. In relation to bitcoin, it is so valuable not only due to its uniqueness but also it has multiple use cases in transactions, store of value, investments, remittances, decentralized finance (DeFi) and in other spheres. As it demand is increasing, so will its price. For any new cryptocurrency to replicate this, it would need to attract the same number of users from the bitcoin network to its own which I don't think it possible unless it offers a very unique advantage over bitcoin.

Op if you are speaking from the perspective of price and network decentralization with emphasis on price, I believe the chances of an altcoin surpassing Bitcoin is near zero. Bitcoin has been a long for a very long time now and aside from that I believe it's also safe to say it has gained a great deal of trust from a lot of crypto investors especially because of its ability to battle inflation and also because of the fact that it is decentralized and therefore the government can't control it.

Majority of altcoins and shit coins as well as meme coins out there are all pump and dump schemes. They are used by their creators to target people who aren't able to understand the dynamic nature of such market. This is the more reason why they have a high price during the pump period to draw people and almost lose value when they enter the dump period.

Anything is possible in the future but as of this present time I seriously doubt that any cryptocurrency can achieve the feat of what Bitcoin, has achieved from the time of it's creation till now. Bitcoin has gone through different stages of skepticism to gain the trust of individual and institutional investors and even if any cryptocurrency will try to replicate it, I don't think that they can beat Bitcoin, because some have tried and were not able to surpass Bitcoin. Bitcoin is the most recognized and acceptable crypto that can be compared to fiat in terms of being a currency for payments of goods and services, despite that it is a decentralized digital cash. It is the most valued crypto asset that any investor can hodl without fear of it diminishing to become a shitcoin.

I don't think so there is any coin that have so much strong fundamentals and deep marketing base to surpass BTC. Surpass is a big word but I don't think any coin can get near the price of BTc. This is because nowadays the whole market is being captured and controlled by BTC.

We can see that a dump in BTC creates a dump in the whole market while a pump create a pump in almost all the altcoins. So this shows the whole market is in hands of BTc and it's investors.

The cryptocurrency with good potential will survive at the bear market,because the traders had their trust in that coin.So the traders will not sell that potential coin at the bear market due to panic.The traders with more knowledge will analysis the market and then inverse at the bear market.Because investing at the near market will help the traders to make more money in the cryptocurrency field.The trader who want to make the margin profit in the cryptocurrency should check the background verification of the project and use the money to get margin profit.

Read around here mate and you'll find the answers,there are so many project from the past that tries to imitate Bitcoin and it's Blockchain but none have succeeded because investors do not trust them for many matters ,but answer my question first "What is the sense of this questions?

For now none yet, in the future we cant predict, but according to what we have already, bitcoin still remains the leading cryptocurrencies and most acceptable digital means of making payment, other digital coins are altcoins and carbon copy of what bitcoin has introduced, their value or worth is still very far to where bitcoin has gotten, i doubt anything could dare contend with bitcoin for now till some generations to come.

It is possible but the chance of it happening now is difficult because of greediness on the part of developers and VC's. People forget to consider a lot of factors work in favour of Bitcoin, the economy downturn in the world then, Satoshi not dumping his coin being one of the richest Man in the world currently, the way it was distributed and mined, the libertinarian spirit in people then all these contrast what we have now. Greed is the only thing that is preventing us from having another coin as successful as Bitcoin.

Replacing Bitcoin is not going to happen that easily, thats for sure.  I just cant imagine some other coin knockin it off its throne.  Bitcoin is the OG, the one that made digital money possible and it has seen some wild highs and lows over the years but it is still standing strong.   

Now dont get me wrong, I know what some of these new kids on the block are doing with all their bells and whistles.  Could be they end up matterin someday, who knows.  But for me personally, nothing beats Bitcoin's raw simplicity and battle-tested cred in my book.  Maybe Im old school but to me the original is still the best.

At this moment I don't see any competition to Bitcoin as most of the Altcoins are fighting for survival and we have seen in the past how so many projects tried competing with Bitcoin but failed as every Altcoins looks good during the bull run but only during bearish market we get to know how much we can rely on them. I am not ruling out the possibility of any other coins taking over Bitcoin but not at the moment.

Currently this possibility exists but no one has been able to achieve it. There are many achievements with thousands of percent, but for prices up to 73K, the highest such achievement is not yet available.

Previously there was an altcoin SEX Odyssey (SEX) whose price was quite fantastic and the current price is $4,877,257.55 source https://coinmarketcap.com/id/currencies/sex-one/ but now Bitget is no longer traded only on a few exchanges such as Mexc and SushiSwap (Arbitrum).

The problem with other crypto is to sustain their position. Bitcoin has been on the top for about 15 years now. In the past a few altcoins did surpass the price but they could not hold it for quite long. Bitcoin has been in the number one position and after the ETF approval it is now impossible for altcoins to challenge its position.

The other side is that we are also required to be able to hold it for a long period of time, this is where the benefits are certain to be obtained. If we trade BTC, short-term patterns for results do exist, but the risks that occur in the market will be very beyond our predictions.

Today the market has been corrected again and the market is in red. If there are funds, maybe this is the right time to add to the contents of our wallet for BTC coins.

Replicate - yes.
Surpass - no.
It's been years since I have seen a lot of projects that have been telling they're going to be the next Bitcoin but, until now I have not seen any of them.
That's why, let's just give it up and give it to Bitcoin for the throne that it's got. It's not that bad to be the 3rd or 4th or so on good project in the cryptosphere.

Yeah I completely agree with you. It's easy to launch a project with the price close to Bitcoin but it's not easy to maintain the legacy like Bitcoin has maintained in the previous couple of decades. The investors have to regularly show the interest in project so that your market demand can increase day by day along with the investors.

It's almost impossible for any project to come to the place where Bitcoin is right now. Altcoins are greatly dependent on BTC performance and if something is dependent on another thing then it can't surpass it for sure.

No, not now, in the near future it will be just a fantasy to compare Bitcoin with other coins. Bitcoin is currently overvalued, many coins based on Bitcoin's value are trying to get back to life and we have seen from the past that as Bitcoin's value rises, many other altcoins rise in value. The second highest value after Bitcoin is Ethereum, comparing these two coins here is like comparing ocean and river. Rivalry is only in name but in reality no coin has yet emerged to compete with Bitcoin.

What is only possible is the replication of features of BTC. I already saw coins before who also have a 21 million supply limit, decentralized, and highly volatile. The only thing that they can't replicate is the achievements of BTC. I don't think Satoshi is the richest man in the world but I think it was Jeff or Elon. The more Satoshi is not the richest man in the world is if BTC's value fell down. It's fine for him though.

The man is not concerned of money or wealth but he already did his part of helping the man kind against the greedy banks and governments. Just let those Devs to be greedy. BTC is enough anyway. We don't need another one and that is going to be sad for us to see, that our idol for a long time have been finally dethroned :'(.

Bitcoin has a very good position at the moment, and no other altcoin will enter the market to surpass it. Because Bitcoin is the top local coin of today, this Bitcoin space is all over the world. So you see every country has Bitcoin use secretly and openly. But the use of Altcoins is not applicable in all countries, in that case I don't think it is possible that any other coin will surpass Bitcoin.

correct , bitcoin is designed for longer holding and that is what I have proven for many years of my existence here.
and will be corrected more and more until we reached the another all time high next year.


actually even the first reply in this thread confirmed that there are many coins that tried to copy Bitcoin in any way but none of them succeed because the appeal of bitcoin and the trust of the people will stay in its chain.
for other altcoins better to focus in their own or else be a failure like what those past copied resulted .

Another reminder to sound as warning on us all is to always be on a look for crypto projects that are promising high yield for rewards within a short period of time, this will be the first thing we need to consider because a new project will never want to give out without having targets on what they are also receiving through such means, we should not fall for any of these for them to use and scam us while trying to get a reliable offer.                                                                                                                                   

The possibility is very remote, it won't even exist because Bitcoin can get this great, it's not easy to match it, it definitely takes time and hard work. Bitcoin is a king whose achievements are not easily imitated or surpassed and if anyone says there will be another coin that can surpass it, it’s just nonsense, they just want your money

Of course I’d affirm that this is very possible. It is possible because everything that has even been made by man was an idea at first. Bitcoin was just an idea and people haven’t stopped imagining. So tomorrow anyone can come up with something similar yet better than Bitcoin. But Bitcoin’s height in use case isn’t a cheap one to achieve.

There is only one bitcoin in this world and no one will be able to match or duplicate the fate of bitcoin

altcoins are only created for profit, they cannot compete with bitcoin, imagine how many thousands of altcoins there are on the market, they are all created for business purposes only, while bitcoin was created to improve the world's financial system. regarding what altcoins have potential (but won't be able to replace bitcoin), I still recommend eth, bnb and sol

There is no chance for any crypto replicate bitcoin. Bitcoin is a digital gold and look at the marketcap. Even ethereum can't replace bitcoin. There is no cryptocurreny that can replace bitcoin. All of crypto prices are also pegged to the bitcoin. Any pump and dump happened to the bitcoin would be impacting whole of crypto in the market.

The point is bitcoin being created by satoshi nakamoto as a financial solution over the centralized financial that is always being dictated by the government. There is no chance for other crypto to replace bitcoin at this moment.

Ethereum has ever replaced bitcoin once time but bitcoin was taking back its position again. Bitcoin is a digital gold now. No token/coin in the market has same potential as bitcoin.

Bitcoin has the strongest influence to the crypto market as well.

Yeah that's the biggest connection that make all of us around tragic and shocked.Not even a single coin is seperated from this list. When Bitcoin moves up and down then the altcoins also are effected in positive or negative way.

Even though the big altcoins are not being able to maintain their own existence. They have to sort it out if they want to compete the Bitcoin.

I doubt it, now by this I do not mean there will never be a new technology that could surpass bitcoin, after all bitcoin itself was created when no one expected for such a development to happen, so this could happen again, what I mean by this is that in the case it happened, such a coin will not be a cryptocurrency but something else, basically it will have to be a new technology based on different principles than the ones bitcoin uses, if this is not the case then the bitcoin developers will just implement those advanced features on bitcoin and we could forget about that coin ever replacing bitcoin.

The bitcoin was the strongest coin in the cryptocurrency market,at the beginning stage of the cryptocurrency.Even any people are not ready to buy bitcoin with few dollars.Bitcoin also struggle to reach the bitcoin to stable in the market and created their own demand in the market and gained huge support because of the decentralised behaviour of the bitcoin.Even the Ethereum was the centralised cryptocurrency but not reached the value of 10k in this much year.Many trader will not inverse in the new cryptocurrency and choose the bitcoin and Ethereum.

If you imitate and become strong like Bitcoin, there are some, but if you surpass Bitcoin, I think it is very difficult. Bitcoin seems to be an icon of cryptocurrency, and of course what happens to Bitcoin will affect other altcoins, so it is difficult for altcoins to surpass Bitcoin, even though no matter how hard they try, Bitcoin still influences the cryptocurrency world.

Probably won't happen and the possibility is really low, there has been many new coin introduced with amazing feature such as really high TPS suited for scaling and cheap transaction but none of them ever come close to bitcoin, even ETH with we all know massive ecosystem amounts to billions of dollars still have quite the gap if compared to bitcoin like by huge margin. so what is there a factor that could make a coin so special it could repeat the success of bitcoin? I think its still an unanswered question.

The thing that might come close to answering that question is probably the fact that people thinks of bitcoin as the gold of crypto and that kind of mindset will stay the same until decades later on which causes people to allocate most of their investment to bitcoin and the little leftover share of investment to altcoins basically eliminating chance for other altcoin to rise as high as bitcoin and will let bitcoin dominates for another decades which honestly a good thing in my opinion.

Considering most institutional investors which has hundred millions of dollars or even billions in their hand still allocate big chunk of that to bitcoin, I think none can surpass the market cap of bitcoin.

I think you’re failing to understand that Bitcoin is an idea that was brought to life, before it existed, no one would believe it too. They thought what was available was the best and most powerful because probably, investors also put a lot of money into whatever it was. But we’re in a world of endless innovations. Just like Bitcoin came and stole the show, anything can do the same. The world is evolving, the ideas and technology gets better.

But Bitcoin is taking hold worldwide, a must-see if you can afford it.  In this short period of time almost every country has use of Bitcoin, openly or covertly using Bitcoin.  But Bitcoin is illegal in the country where I live, yet we have been using it secretly.  But other cryptocurrencies are unlikely to have any potential similarities with Bitcoin, because as far as I know Bitcoin itself is a standalone and digital currency.