Will bitcoin still be the preferred cryptocurrency after 10 years?

[serjent05]

Most likely. But I can't say with 100% that there won't be another digital currency coming very close to Bitcoin or even surpassing it at some point in the future. Nearly everything in the world gets replaced at some point.

This is what my opinion too, if we base our prediction on the current happening, there is no doubt that bitcoin will be the preferred cryptocurrency after 10 years, but, there are several factor that will make bitcoin less preferred cryptocurrency.   If bitcoin failed to be mass friendly and new coin that emerged  has functionality way secured and more mass friendly than bitcoin, and was promoted perfectly, then maybe the term most preferred of bitcoin will be tested.  And 10 years is very long year to develop a more sophisticated coins.

[electronicash]

Most likely. But I can't say with 100% that there won't be another digital currency coming very close to Bitcoin or even surpassing it at some point in the future. Nearly everything in the world gets replaced at some point.

This is what my opinion too, if we base our prediction on the current happening, there is no doubt that bitcoin will be the preferred cryptocurrency after 10 years, but, there are several factor that will make bitcoin less preferred cryptocurrency.   If bitcoin failed to be mass friendly and new coin that emerged  has functionality way secured and more mass friendly than bitcoin, and was promoted perfectly, then maybe the term most preferred of bitcoin will be tested.  And 10 years is very long year to develop a more sophisticated coins.

There was one coin that surpassed bitcoin lately namely zcash. I did understand how it works lately and indeed is a cool coin having some feature whether to create an anon or non-anon coin. It would have been the best coin if it weren't for bitcoin's adoption. Sooner though with the arise of the platforms, they might just take over.

[pereira4]

Altcoins are mostly a mess. In terms of life expectancy, bitcoin has no competition at all. No one is going to willingly put their money into a cryptocurrency that has no realistic expectations to live in the long term, and bitcoin is the only crypto that has that trait: long term trust. So no, it will not get replaced by any other crypto as the king of crypto, it will reign supreme and it will be worth hundred thousands of inflation adjusted dollars.

[Carlsen]

Altcoins are mostly a mess. In terms of life expectancy, bitcoin has no competition at all. No one is going to willingly put their money into a cryptocurrency that has no realistic expectations to live in the long term, and bitcoin is the only crypto that has that trait: long term trust. So no, it will not get replaced by any other crypto as the king of crypto, it will reign supreme and it will be worth hundred thousands of inflation adjusted dollars.

I'm not so sure about that. Ten years is a long time, and who knows what the technical evolution will bring us.
Imagine a crypto currency backed up by a major company. Let's say apple would decide to make the step into crypto.
With their capital, their community and their advertising skills, they could easily create an altcoin the world has not seen yet.

[richardsNY]

Altcoins are mostly a mess. In terms of life expectancy, bitcoin has no competition at all. No one is going to willingly put their money into a cryptocurrency that has no realistic expectations to live in the long term, and bitcoin is the only crypto that has that trait: long term trust. So no, it will not get replaced by any other crypto as the king of crypto, it will reign supreme and it will be worth hundred thousands of inflation adjusted dollars.

Not only is the whole altcoin section a mess, but it's also a fact that barely anyone takes altcoins serious. Altcoins only serve as a speculative tool for people with a get rich quick mentality. When it comes to their gimmick features, it's great to name them up as an advantage to get people interested in that specific coin, but they don't get any real world usage. It's there just to boost the price, and that's it.

[uneng]

Everything leads me to believe yes. Bitcoin didn't reach to the top yet, the glory will come yet. It's the main crypto currency, but compared to all other main world currencies, btc is nothing yet. No one altcoin can take the place of bitcoin for the next several years, and I would risk say, decades.
Bitcoin is the most structured virtual currency, the favorite one!

[richmcrich]

Most likely. But I can't say with 100% that there won't be another digital currency coming very close to Bitcoin or even surpassing it at some point in the future. Nearly everything in the world gets replaced at some point.

This is what my opinion too, if we base our prediction on the current happening, there is no doubt that bitcoin will be the preferred cryptocurrency after 10 years, but, there are several factor that will make bitcoin less preferred cryptocurrency.   If bitcoin failed to be mass friendly and new coin that emerged  has functionality way secured and more mass friendly than bitcoin, and was promoted perfectly, then maybe the term most preferred of bitcoin will be tested.  And 10 years is very long year to develop a more sophisticated coins.

Yes that is a fact that bitcoin will still be the most popular currency of the world and at that time I think as most people will be entering in the world of bitcoin there bitcoin will be more reliable and preferred currency of the world, and it will continue its number one crypto currency status at that time also.

[Vaskiy]

Most likely. But I can't say with 100% that there won't be another digital currency coming very close to Bitcoin or even surpassing it at some point in the future. Nearly everything in the world gets replaced at some point.

This is what my opinion too, if we base our prediction on the current happening, there is no doubt that bitcoin will be the preferred cryptocurrency after 10 years, but, there are several factor that will make bitcoin less preferred cryptocurrency.   If bitcoin failed to be mass friendly and new coin that emerged  has functionality way secured and more mass friendly than bitcoin, and was promoted perfectly, then maybe the term most preferred of bitcoin will be tested.  And 10 years is very long year to develop a more sophisticated coins.

Yes that is a fact that bitcoin will still be the most popular currency of the world and at that time I think as most people will be entering in the world of bitcoin there bitcoin will be more reliable and preferred currency of the world, and it will continue its number one crypto currency status at that time also.

Bitcoin will continue to be the leader as well the preferred digital currency of all time, because based on bitcoin several other coins came into existence, only few were successful. At least by now some coin could have grown defeating bitcoin, so the competence increases generating demand among public.

[markyminer]

Most likely. But I can't say with 100% that there won't be another digital currency coming very close to Bitcoin or even surpassing it at some point in the future. Nearly everything in the world gets replaced at some point.

This is what my opinion too, if we base our prediction on the current happening, there is no doubt that bitcoin will be the preferred cryptocurrency after 10 years, but, there are several factor that will make bitcoin less preferred cryptocurrency.   If bitcoin failed to be mass friendly and new coin that emerged  has functionality way secured and more mass friendly than bitcoin, and was promoted perfectly, then maybe the term most preferred of bitcoin will be tested.  And 10 years is very long year to develop a more sophisticated coins.

Yes that is a fact that bitcoin will still be the most popular currency of the world and at that time I think as most people will be entering in the world of bitcoin there bitcoin will be more reliable and preferred currency of the world, and it will continue its number one crypto currency status at that time also.

as we can see that the number of internet users is increasing  from time to time and specially the new generation is mostly giving preference to online business so the importance of bitcoin is also increasing from day to day, therefore we can expect that in future the need of bitcoin will be too much as compare the present time.

[CyberKuro]

Will bitcoin still be the preferred cryptocurrency after 10 years or will something better take over?

With the number of shit coins that came out after all these years, nope it would take some darn good devs to actually even come up with one more innovative than Bitcoin, than again if that happens, it will take years for mass adoption, by then Bitcoin would already be prevalent everywhere

After 10 years, there is no definitive answer. I agree bitcoin is better cryptocurrency than any other, it the first one, already going through 7 years with obstacles and problems meanwhile another coins created too and none of them until now could equalling even a half of bitcoin.

[maku]

Altcoins are mostly a mess. In terms of life expectancy, bitcoin has no competition at all. No one is going to willingly put their money into a cryptocurrency that has no realistic expectations to live in the long term, and bitcoin is the only crypto that has that trait: long term trust. So no, it will not get replaced by any other crypto as the king of crypto, it will reign supreme and it will be worth hundred thousands of inflation adjusted dollars.

I'm not so sure about that. Ten years is a long time, and who knows what the technical evolution will bring us.
Imagine a crypto currency backed up by a major company. Let's say apple would decide to make the step into crypto.
With their capital, their community and their advertising skills, they could easily create an altcoin the world has not seen yet.

And this altcoin will be no different that current systems we already have. Think of it like advanced version virtual premium token you can find in games - like gold, crystals, gems.
Apple is fond of their extremely closed architecture - their coin would be hosted privately and backed by their own private blockchain. Do you think it would be secure option?

[audaciousbeing]

Although, no one knows what the future holds, but we are still at liberty to predict what it will look like which could be correct or could not be. But based on the facts available, I dont think anyone will think otherwise that Bitcoin has come to stay not only because its only the most popular but I am looking at the interest it has generated from outside the community and discussions going on then one would not think anywhere far to arrive at that position.

[jondeen707]

Looks like Bitcoin is light years ahead of competition (if there is one which I strongly doubt). None of the altcoins stood up to the test of time obviously. Bitcoin was, is and will be unique and one of a kind. At the moment there are no preconditions for any quality developments in the crypto domain that could lead to any product that could eventually become a match to bitcoin. Not judging by the look  things look right now.

[Invulner]

Looks like Bitcoin is light years ahead of competition (if there is one which I strongly doubt). None of the altcoins stood up to the test of time obviously. Bitcoin was, is and will be unique and one of a kind. At the moment there are no preconditions for any quality developments in the crypto domain that could lead to any product that could eventually become a match to bitcoin. Not judging by the look  things look right now.

Yes. You can pass the test of code but you can never pass the test of time easily. Most altcoins are pump and dump schemes and are set up only to benefit the founder and the early investors who invested in the ICO. You, as the user is the victim.

Altcoins are investments while bitcoin is a genuine alternative currency.

[lumeire]

Bitcoin's pretty much established already, it'll take a major security flaw to take it down.

[serjent05]

Bitcoin's pretty much established already, it'll take a major security flaw to take it down.

I agree on this.  Bitcoin had been evolving and will always evolve according to the need of situation.  There maybe hiccups but bitcoin will overcome them.  There will some contender that will challenge bitcoin but bitcoin being established and tested will always prevail.  By that time in my opinion bitcoin had established its use and widely accepted in different country.

[ultrloa]

Bitcoin's pretty much established already, it'll take a major security flaw to take it down.

I agree on this.  Bitcoin had been evolving and will always evolve according to the need of situation.  There maybe hiccups but bitcoin will overcome them.  There will some contender that will challenge bitcoin but bitcoin being established and tested will always prevail.  By that time in my opinion bitcoin had established its use and widely accepted in different country.

I think altcoins are the one existing contenser of bitcoin nut theres no one among them step up and de fame the bitcoins since as you said bitcoins is establish and people will surely settled using that since we can make sure that we are on the safe e currency who's gonna lift up our money for staking and i will not surprise bitcoin will truly became as stronger e currency existing in the future, all we need to is to keep our faith tight for it.

[BiTZeD]

Of course it will. All the altcoins are some fancy toys that can serve some purpose, that's true, but none has the importance Bitcoin has.

[BTCLovingDude]

Of course it will. All the altcoins are some fancy toys that can serve some purpose, that's true, but none has the importance Bitcoin has.

it is obvious that the current existing altcoins are mostly for pump and dump reasons and there is so little interest in any of them but you can't say nothing new will come along in 10 years changing the way we think about cryptocurreneis just the same way there there were no bitcoin 10 years ago.

[saiha]

Of course it will. All the altcoins are some fancy toys that can serve some purpose, that's true, but none has the importance Bitcoin has.

it is obvious that the current existing altcoins are mostly for pump and dump reasons and there is so little interest in any of them but you can't say nothing new will come along in 10 years changing the way we think about cryptocurreneis just the same way there there were no bitcoin 10 years ago.

Exactly, we can't remove the chance that another type of crypto or digital currency will just come out that can make bitcoins out of the league.

But if I will just look at what is happening today, I can just say that bitcoin will still be the most preferred crypto currency after 10 years.

Because the adoption of it is already on the go and there are numbers of merchants and stores who are already adopting it.