Bitcoin is dead, time for altcoins to rise up and take its place

[SirChiko]

Bitcoin was a nice 1.0 project but apparently wrecked by the devs who have proven themselves to be incapable of handling the bitcoin project. Many altcoins have learnt from their mistakes, could this be the turning point in which bitcoin becomes just another altcoin and the altcoins will rise up and take away the market cap that belonged to bitcoin?  

It's not going to happen because they are all cheap copies of Bitcoin and Bitcoin is original & because the price is falling doesn't mean that Bitcoin is dying .

Yeah but take DigiByte for example, way more secure, can handle more transactions and has some other innovations...Like I love(d) bitcoin but if the devs prove themselves to be ineffecient and incapable, then naturally altcoins will rise up and take its place? Unless ofcourse the devs get together and start focusing on expansion and implement some serious changes...

Digibyte is really undervalued coin as developers work quite hard on it.
But anyway i don't think bitcoin is dying thats bullshit and also altcoins for sure won't take its place.

[hazenyc]

https://www.linkedin.com/pulse/bitcoin-dead-long-live-adam-hayes-cfa

Just a small correction to the article, Gavin Andresen is not a XT opponent.

Gavin Andresen and Jeff Garzik, both outspoken opponents of XT

https://bitcoin.consider.it/

ahh, good catch. Fixed it

Hey, as a side note I met with the developer of consider.it and saw what a cool thing he has created. if your not familiar with this site it is worth checking out.

i like the human verification nice touch!

[Bitcoinpro]

Bitcoin is dead according to Mike Hearns, could this be the turning point in which bitcoin becomes just another altcoin and the altcoins will rise up and take away the market cap that belonged to bitcoin?  

wat alt could possibly take its place

ill have to fire up the nintendo

and mine Donky Kong coin

[romero121]

Bitcoins definitely not dead, I mean reporters have reported Bitcoin's obituaries several times, I honestly hope and feel this isn't it for Bitcoin xD. I'm just hoping there will be a consensus among the developers soon and they can engineer a better way to solve the blocksize debate, and probably everyone can unite once again for the betterment of bitcoin.

yep. There is no way for altcoin to overcome bitcoin at any instance. Bitcoins are developed in a better way in technology and usability than altcoins. Now it has got a small fluctuation due to China market fall for which bitcoin won't die

[partysaurus]

read the article in times and i never catched the part where he said bitcoins was dead , only thing i cought from reading the article was that it was dying but not now but its getting closer if they dont increase the blockchains if im correct. im a beginner at this so please fill me in if i said something wrong. and have i missed something why does it seems like everyone is hating the guy the wrote the times article about bitcoins?
what he said seemed to make alot of sense have he said something else that offended people before or have i missed something about the whole blockchaing increase thing :S sry for being a noob.

[Gubzy]

Altcoins are cool, but it doesn't really seem / look like bitcoin is dead.

[dearbesz]

 Bitcoin is dead, time for altcoins to rise up and take its place?

if ever that Bitcoins is dead,  many of the altcoins will rise up.
perhaps one those are Litecoin, NXT, Darkcoin, Waves and etc.

[torrentheaven]

Altcoins are cool, but it doesn't really seem / look like bitcoin is dead.

Altcoins have good future ahead but that doesn't make bitcoin dead, bitcoin is the best digital currency of all, and it will be more powerful in future too.

[Dux2K]

Altcoins are cool, but it doesn't really seem / look like bitcoin is dead.

Altcoins have good future ahead but that doesn't make bitcoin dead, bitcoin is the best digital currency of all, and it will be more powerful in future too.

Btc is prime it is it will be some alt might come slise to it but btc is king

[Ravi Helios]

Bitcoin is dead according to Mike Hearns, could this be the turning point in which bitcoin becomes just another altcoin and the altcoins will rise up and take away the market cap that belonged to bitcoin?  

Totally agree. Question for OP, what alt do you bet will win? I'm all in Ethereum, it's the most advanced coin out at the moment, highly recommend. I invested 30,000$ back a few months ago after minergate support mentioned they were going to add it, so glad, that investements now worth over 100,000$, and no plans of selling!

[takingthis4]

Altcoins are cool, but it doesn't really seem / look like bitcoin is dead.

Altcoins have good future ahead but that doesn't make bitcoin dead, bitcoin is the best digital currency of all, and it will be more powerful in future too.

Btc is prime it is it will be some alt might come slise to it but btc is king

yeah, bitcoin is the best currency that has ever been created and it will remain like that for all the time because other cryptos will never have that much power in my opinion

altcoins might rise a lot and become really big but to be honest it will never replace bitcoin whatever will happen, bitcoin was and will be the best currency in the world

[davis196]

Bitcoin is dead according to Mike Hearns, could this be the turning point in which bitcoin becomes just another altcoin and the altcoins will rise up and take away the market cap that belonged to bitcoin?  

Every day someone says that bitcoin is dead and bitcoin is still strong and standing for almost 8 years.

I see 100 threads here about bitcoin is dead,btc soon will be dead,bitcoin is dying....

WTF people...

[Maesters1-]

do you heard news about the ultcoin hacking. i think you have not heard the news. you know that the present panic of bitcoin was because of bitcoin. the price of the bitcoin fall down because of the news spread about altcoin. then how can it possible that ultcoin is taking the place of the bitcoin. i think you should  view the rate difference between bitcoin and ultcoin. ultcoin is too far from bitcoin and i think it cannot reach to bitcoin in next few years.  i am very sure about that.

[Snorek]

do you heard news about the ultcoin hacking. i think you have not heard the news. you know that the present panic of bitcoin was because of bitcoin. the price of the bitcoin fall down because of the news spread about altcoin. then how can it possible that ultcoin is taking the place of the bitcoin. i think you should  view the rate difference between bitcoin and ultcoin. ultcoin is too far from bitcoin and i think it cannot reach to bitcoin in next few years.  i am very sure about that.

I don't think that altcoin of zero importance has anything to do with current situation of Bitcoin markets.
And not I never heard about Ultcoin to begin with so I guess this coin had a market cap of $1000 or something

The only valid crypto good enough to put your trust in - is Bitcoin. It seems people has to learn about it the hard way.

[Schuyler]

The thing with altcoins, as far as I'm concerned,  is they are mostly used just for trading, and they are still basing their price on bitcoin. Unless there's a group that creates a new kind of technology that could send cryptocurrency into obsolescence, then bitcoin would continue to be the best of its kind. Altcoins of different varieties have come and gone, while bitcoin remains the top of the digital currency food chain.

[Jasad]

Bitcoin is dead according to Mike Hearns, could this be the turning point in which bitcoin becomes just another altcoin and the altcoins will rise up and take away the market cap that belonged to bitcoin?  

that was an old news,mieke hearn such a liar and trying to create an sensation related bitcoin,it was succes to influence some people. and i never think altcoin or other crypto will replace bitcoin place,we know Etherum have good development and price,but it never same as bitcoin achievment.

[truongdhnh]

Bitcoin is doing just fine.

The only major problems lately are some altcoins wanting to use bitcoin's established infrastructure for their own projects.

[topbitcoin]

of course, many people will take advantage of the events .. Happy Profits all.. ~

[sulendra12]

If bitcoin is dead , in this world doesn't have altcoin now.
If altcoin without bitcoin , altcoin is worthless and priceless. But , if bitcoin without altcoin that's different..
Bitcoin just like base on other coin ... 

[Kakmakr]

6 months on, and we still the best Crypto currency based on popularity and adoption and also in hash power and decentralization. So it's official, Mike Hearn was wrong and he was only shilling for his new job at R3. Bitcoin not only has 9 lives like a cat. ^smile^