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Author Topic: Do you think there'll be an altcoin that will take over Bitcoin?  (Read 1998 times)
pilscoop (OP)
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October 10, 2015, 11:11:35 PM
 #1

Could this happen?
What do you think?
tokeweed
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October 10, 2015, 11:30:10 PM
 #2

Eventually, yes.  But as a store of value BTC will always be around, I think.

R


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owm123
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October 10, 2015, 11:57:52 PM
 #3

I dont think so. Bitcoin will be no 1 for a long time. Its just too late to change it.

But number 2,3,4 are up for grabs. So imo, the altcoin wars are all about these spots.

Bitcoin is NOT anonymous: http://www.bitcoinisnotanonymous.com
jmintuck02
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October 11, 2015, 03:26:15 AM
 #4

MANY years later, possibly after THIS generation is dead, hey, y not. I can see the fun of people wanting to buy and mine over time, but BTC will hold it's own as a baseline.

Bitcoin is the mother coin, so she gave birth to all of the craze lately and now there are possibly going to be a few vying for her position in many years.

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October 11, 2015, 03:38:00 AM
 #5

It is very possible as we know in the technology field, there is always something that meant to surpass the original and eventually takeover. For bitcoin another alt currency will take over but it may happen a decade or more. And yes bitcoin may still be the prime basis for its value.
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October 11, 2015, 04:13:43 AM
 #6

Yes but it will be made by a big company like Amazon or Microsoft or Facebook etc..
Companies that have large user bases could launch a game changer anytime!
I think the key will be if the new currency can be used as a store of value
So it can be handled like a stock on the NY stock exchange.
If who over rolls it out turns it's back on the crypto markets that will be bad.
And may hamper overall adoption..

@OP
Did you mean to ask if an open source Github coin will take over?
I doubt big companies like Facebook would make a digital currency open source.

FUD first & ask questions later™
bitwho
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October 11, 2015, 05:09:39 AM
 #7

nah, OP will most likely come back and shill his own bagholdcoin.
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October 11, 2015, 06:57:14 AM
 #8

I don't think so at the moment! Btc has attracted the most vc capital and its ecosystem is built up. No alternative can replace at the moment.
Sn0wMan
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October 11, 2015, 07:04:16 AM
 #9

Yes but it will be made by a big company like Amazon or Microsoft or Facebook etc..
Companies that have large user bases could launch a game changer anytime!
I think the key will be if the new currency can be used as a store of value
So it can be handled like a stock on the NY stock exchange.
If who over rolls it out turns it's back on the crypto markets that will be bad.
And may hamper overall adoption..

@OP
Did you mean to ask if an open source Github coin will take over?
I doubt big companies like Facebook would make a digital currency open source.
The coins you mentioned will be called centralized one, completely different concepts from bitcoin. I doubt it will be adopted by the global, like bitcoin.
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October 11, 2015, 07:38:22 AM
 #10

Probably replaced by Ether if bitcoin cannot be used in smart contracts. But bitcoin will evolve.
Nextgen
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October 11, 2015, 08:48:45 AM
 #11

NO,that is so not possible in this century atleast.
however if if if bitcoin breaks considering the recent threats like XT..block size issues,,then surely a new coin will lead.
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October 11, 2015, 11:12:23 AM
 #12

One time there will definetely be a cryptocurrency which will take the place of Bitcoin. But i don't see this cryptocurrency in the group of the already existing ones.
couineur
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October 11, 2015, 11:16:42 AM
 #13

Could this happen?
What do you think?

I think yes
Bitcoin is not perfect, so a new altcoin with better features will take over


Spoetnik
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October 11, 2015, 11:19:50 AM
Last edit: October 12, 2015, 06:14:23 AM by Spoetnik
 #14

Another answer I have is "I hope so"
Bitcoin hasn't accomplished much.. And adoption has been in decline.
Although I thought the value of over a grand usd was way too high.
It's funny all altcoins are compared to Bitcoin which is close to being a failure.
So what does that say about altcoins?
So the answer should maybe be,  you better hope so..
 
Just think what Bitcoin would be like if all the people pushing their own little altcoin had
focused their efforts on supporting and improving Bitcoin itself and
most important of all improving Bitcoin adoption.

.. Instead we have around 8,000 crap coins being flogged in the hopes of striking it rich.
Selfish, Greedy, irresponsible.
Coindesk published a story way back saying more coins the better..
How's that working out for ya guys?
But but but it attracts new users.. Mm hmm heard that before.
Ya great.. What we really need is unscrupulous kids and deceitful douche bags
to pile into the scene in the desperate hope of artificially inflating the value of some crap coin
so they can dump it on some noob victim for a profit.  

Edit:
You know guys I am not against making money with this stuff it's why I started.
But, it's one thing to label something a currency then see it's not being used as one (as intended)
You will see on market sites, the news etc current prices for the euro or the usd or Canadian dollar etc but.. They are actually being used!
You want something to compare your little crap clone coins too?
And yeah I say clone because when there is literally thousands of coins
Then the excuses for their creation are unjustifiable.
Things should not have gotten like this.

FUD first & ask questions later™
tokeweed
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October 11, 2015, 11:27:27 AM
 #15

Yes but it will be made by a big company like Amazon or Microsoft or Facebook etc..
Companies that have large user bases could launch a game changer anytime!
I think the key will be if the new currency can be used as a store of value
So it can be handled like a stock on the NY stock exchange.
If who over rolls it out turns it's back on the crypto markets that will be bad.
And may hamper overall adoption..

@OP
Did you mean to ask if an open source Github coin will take over?
I doubt big companies like Facebook would make a digital currency open source.

More like banks working with a tech company.


R


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Zawamiya
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October 11, 2015, 11:29:18 AM
 #16

Could this happen?
What do you think?
I think no because there are no serious altcoin developers who create good altcoins, most of altcoins are created for quick profit by developers and companies but no one making a long term coin and another thing is 99%+ altcoins are traded against btc that means they depends on bitcoin, without bitcoin they are nothing
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October 11, 2015, 12:55:51 PM
 #17

No, in fact it can not happen. Bitcoin is too popular, no one crypto can be so popular  Cheesy
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October 12, 2015, 07:08:15 AM
 #18

Could this happen?
What do you think?

Maybe but I think that Bitcoin will stay for along time.
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October 12, 2015, 07:56:23 AM
 #19

No, in fact it can not happen. Bitcoin is too popular, no one crypto can be so popular  Cheesy

If there is no further development of bitcoin, it will be replaced.
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October 12, 2015, 08:42:54 AM
 #20

It's going to be XMR, because we have a really nice and progressive community. It's true that there has been no official wallet introduced in 1.5 years since the launch, but I'm sure that our developers can make it happen sooner or later!
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