Could Monero replace Bitcoin soon?

[blacky90]

?

[mattiadeabtc]

Monero, maybe litecoin, maybe dogecoin, or perhaps a new currency 'will be' created and will replace 'all. Monero is an interesting alt btw

[ahmedjamal1998]

I think it may rise, YES. But not replace BTC 

[btcbug]

Define "soon".

BTC marketcap is currently about 1000 times greater. There has been a Billion(?) or so invested in BTC startups in the past 2 years. Few people even know what BTC is and essentially nobody knows what Monero is.

[NeuroticFish]

There are lot of interesting features one coin or another adds from time to time.

Bitcoin acts like a dinosaur already - very well established, but very hard to change. The last attacks were piece of cake compared to what will come from time to time. And they were handled under (my) expectations.
One thing the the attacks have also shown was that (the) miners don't care much of the network and some payments were simply not processed because of "bad luck" (laziness, optimizations, ..) actually because all that counted was the block reward, not the "pennies" from the tx fees. My conclusion is that we have to watch closely the halving as I expect quite a lot of miners to give up.

And when the network (which currently is the strongest without doubt) will weaken too much, another coin can "step up".

But Bitcoin will not die easily, so it won't be replaced, a much better expectation would be for another coin(s) to "step up" and become real alternative(s) for Bitcoin, but which will just live on in the same time / together with Bitcoin.

[J1mb0]

what do you guys think about these cryptonote technology, should we worry about it?

Yes, you should 'worry' about cryptonote but you don't need to worry about pariah coins like Monero.

[Bavaria]

I think it would be better if monero folks stop spamming Bitcoin forum !

[generalizethis]

I think it would be better if monero folks stop spamming Bitcoin forum !

Some of them aren't monero folks.  Reverse troll engineering.

[dEBRUYNE]

I think it would be better if monero folks stop spamming Bitcoin forum !

He isn't a Monero folk, just a reverse troll like generalizethis pointed out.

In addition:

RIP MONERO

Hello scammer,

good coin and i think monero and drk are really fucked soon

starting to think to sell my xmr

MY LIFE IS SHIT!!

Karma.


I hope your life stays shit, people like you derserve it.

[TrueCryptonaire]

Define "soon".

BTC marketcap is currently about 1000 times greater. There has been a Billion(?) or so invested in BTC startups in the past 2 years. Few people even know what BTC is and essentially nobody knows what Monero is.

That's exactly where the potential lays.
Once the whole world is literally desperate to get Moneros the most gains are left behind.

[Bavaria]

It`s not monero but it is StealthCoin that will replace BTC as soon as it releases fully decartelized StealthSend !

https://bitcointalk.org/index.php?topic=836009.0

[dEBRUYNE]

In addition, the other guy that started a thread:

losing my faith in monero
how low do you guys think we will go?

Yes its dead, you should sell as fast as you can, theres nothing for people like you to gain here anyway.

Oh wait you already sold?

Time to sell all xmr? ;'(((((

Yes i would say so
Today i have sold my last xmr.
Sorry guys, but i think we are still in a downtrend

So if you have no XMR, and you have no faith, wtf are you even talking about? I guess you would even sell your own mother to be able to buy back cheaper?


But let´s see, if i read your other posts

BITCOIN IS DEAD RIP BITCOIN

like this for example.

and compare them to another dumbnut in here called mrkavasaki

genau so ist es, bitcoin ist und war nur ein einziger pump&dump
wir werden noch preise unter $10 sehen. wer ernsthaht noch glaubt, bitcoin hätte zukunft , der irrt gewaltig

Who also talks bearish shit the whole time and also writes in the same topics as you, also speaks german, also uses a Monero avatar for whatever reason...
I do get the feeling you are either somehow affiliated to him (a la fightclub) or both of you smoke the same crack.

[ghosthardware]

I don't think it will supplant BTC's top spot anytime soon, but I do think the two will peacefully coexist.
 

[TrueCryptonaire]

I don't think it will supplant BTC's top spot anytime soon, but I do think the two will peacefully coexist.
 

Definetely Monero will increase value against bitcoin.
However, I personally see no reason why Monero couldn't inherit the crown of bitcoin within the coming decades as bitcoin network starts to be flooded with transactions and the fees skyrockets.

[sdmathis]

Monero is not ready to take Bitcoin's place yet. When Bitcoin is finally unseated, however, it wouldn't surprise me if its a cryptonote that does it.

[ridery99]

Monero is going to replace Bitcoin.

[claycoins]

Not soon, I doubt ever

[benthach]

lol
it's a disrespected to crypto when i see someone mention monoro
nothing but a desperate bagholders crying for help

[TrueCryptonaire]

Not soon, I doubt ever

Definetely not soon but chances are it will do it.
Transacting bitcoin is clumsy due to too low block size, and if they increase it, it only postpones the problem - not solve it (taking care of symptoms instead of curing the sickness).

Realistic time frame for Monero's takeover is somewhere around 2020-2025 area when the minimum block reward hits and the emission is dried out.
Then Monero will act like gold or silver and gain enourmous value (compare the marketcap of gold vs. marketcap of Monero).
Monero is adapted by new people as the Monero owners preach the good news and the new people will preach it even further.
In this way, Monero will be accepted as a currency of masses and if not as a currency, then a store of value to where people put their savings and watch its purchasing power growing with deflationary circumstances.

That's the best case scenario.

The worst case is, Monero will die and the investor loses the amount of money (s)he has invested into it. Nothing more, nothing less.
Also scenarios somewhere between can be realized but then I tend to think it is going to continue to the direction of goodness or badness and therefore the middle ground will not be a stable equilibrium.

[Nxtblg]

Not soon, I doubt ever

Definetely not soon but chances are it will do it.
Transacting bitcoin is clumsy due to too low block size, and if they increase it, it only postpones the problem - not solve it (taking care of symptoms instead of curing the sickness).

Speaking of block size...what's Monero's capacity in terms of txs per second?