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Author Topic: Will Bitcoin be replaced by another cryptocurrency?  (Read 186361 times)
requester
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November 25, 2016, 06:25:48 AM
 #1021

Probably not possible because bitcoin us the father of all cryptocurrency and it has maximum market capitalization and it's not possible for other coins to achieve such position early. It might be possible but bitcoin would remain the most popular coin of all time.
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November 25, 2016, 06:45:43 AM
 #1022

I don't think so, most people know only bitcoin.
For now maybe yes, but many developers are struggling to be able to beat the bitcoin, besides weakness widely known bitcoin so as to make the new coin is more promising.
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November 25, 2016, 06:56:07 AM
 #1023

There is not such a case for the following reasons:

Global awareness constantly growing because of confidence compare to fiat money
Signs of maturity and stability of its intense price fluctuations something which is very difficult to reach other cryptocurrencies because needs to be trusted by a big market share 
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November 25, 2016, 07:06:58 AM
 #1024

The advantages of Bitcoin are truly great, knowing that advantages can be copied and improved, I think Bitcoin can be replaced but not now. We will never know what cryptocurrency will overtake it but I think it is possible. If there is really something special invented that surpasses bitcoin, it can happen.

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December 06, 2016, 11:47:29 PM
 #1025

Of course. Nothing last forever. People wont stop inventing. Zcash may do it
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December 08, 2016, 09:20:19 AM
 #1026

Of course. Nothing last forever. People wont stop inventing. Zcash may do it

ZCash may do it. It can be used as a transparent currency like the bitcoin. It can be as anonymous as Monero.
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December 08, 2016, 09:50:00 AM
 #1027

Of course. Nothing last forever. People wont stop inventing. Zcash may do it

ZCash may do it. It can be used as a transparent currency like the bitcoin. It can be as anonymous as Monero.
Zcash ? I remember people did say here same thing when Dash was introduced and then ETH now Zcash. Altcoins will come and go. This is what happening since litecoin. Altcoins may serve just one particular purposes at a time and people do start forgetting them once they see new one arrives.

We can be sure that new innovative altcoins definitely will designed in upcoming days and people will adopt them and will forget them. Bitcoin will stay strong among these.
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December 08, 2016, 09:59:39 AM
 #1028

The advantages of Bitcoin are truly great, knowing that advantages can be copied and improved, I think Bitcoin can be replaced but not now. We will never know what cryptocurrency will overtake it but I think it is possible. If there is really something special invented that surpasses bitcoin, it can happen.
i'm not sure, bitcoin are a big thing. and really not easy to replace a big thing like bitcoin. it may takes a lot of time, i would say never as everything could happened. but i have a strong believe bitcoin would remail on top of cryptocurrency fo long time enough from now.

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December 08, 2016, 10:05:28 AM
 #1029

The advantages of Bitcoin are truly great, knowing that advantages can be copied and improved, I think Bitcoin can be replaced but not now. We will never know what cryptocurrency will overtake it but I think it is possible. If there is really something special invented that surpasses bitcoin, it can happen.
i'm not sure, bitcoin are a big thing. and really not easy to replace a big thing like bitcoin. it may takes a lot of time, i would say never as everything could happened. but i have a strong believe bitcoin would remail on top of cryptocurrency fo long time enough from now.

You're absolutely right. bitcoin is the largest digital currencies and will only provide advantages for all of us if we have the knowledge and patience. Without the benefit of patience are expected or promised we would never get. The reason for profit in the bitcoin we must be steadfast in all things and not do something careless or something that will only give us great harm
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December 08, 2016, 10:06:56 AM
 #1030

Of course. Nothing last forever. People wont stop inventing. Zcash may do it

ZCash may do it. It can be used as a transparent currency like the bitcoin. It can be as anonymous as Monero.
Zcash ? I remember people did say here same thing when Dash was introduced and then ETH now Zcash. Altcoins will come and go. This is what happening since litecoin. Altcoins may serve just one particular purposes at a time and people do start forgetting them once they see new one arrives.

We can be sure that new innovative altcoins definitely will designed in upcoming days and people will adopt them and will forget them. Bitcoin will stay strong among these.
yes, altcoins will come and go, but in order to stick more or less or even to overcome bitcoin they will need two things. first they have to be significantly and undoubtful better then bitcoin and secondly they will only be in the spotlight if there is a serious problem with bitcoin and people will look for alternatives. even then it will be a hard thing to do.

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December 08, 2016, 10:37:45 AM
 #1031

yes, altcoins will come and go, but in order to stick more or less or even to overcome bitcoin they will need two things. first they have to be significantly and undoubtful better then bitcoin and secondly they will only be in the spotlight if there is a serious problem with bitcoin and people will look for alternatives. even then it will be a hard thing to do.

In terms of features, the 2.0 crypto currencies do offer more, and according to certain people also better features, but so far none of them came even close to Bitcoin. Another point is that there is no need for coins with more/"better" features. Look at Ethereum for example, certain people have said that it will be the Bitcoin killer due to all its functionalities. But if you look closely, then these features are nothing more than gimmicks. It's great to gain attention from people looking to invest money into ETH, but it doesn't enjoy real world usage. Why? Because Bitcoin offers people exactly what they are looking for. In that regard, it's fairly safe to assume that there will never be an altcoin gaining enough momentum to come close to Bitcoin. Altcoins will only function as a speculative tool for gamblers.
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December 08, 2016, 10:44:19 AM
 #1032

yes, altcoins will come and go, but in order to stick more or less or even to overcome bitcoin they will need two things. first they have to be significantly and undoubtful better then bitcoin and secondly they will only be in the spotlight if there is a serious problem with bitcoin and people will look for alternatives. even then it will be a hard thing to do.

In terms of features, the 2.0 crypto currencies do offer more, and according to certain people also better features, but so far none of them came even close to Bitcoin. Another point is that there is no need for coins with more/"better" features. Look at Ethereum for example, certain people have said that it will be the Bitcoin killer due to all its functionalities. But if you look closely, then these features are nothing more than gimmicks. It's great to gain attention from people looking to invest money into ETH, but it doesn't enjoy real world usage. Why? Because Bitcoin offers people exactly what they are looking for. In that regard, it's fairly safe to assume that there will never be an altcoin gaining enough momentum to come close to Bitcoin. Altcoins will only function as a speculative tool for gamblers.
better then bitcoin does not mean necessarily smarter (like the smart contract thin ethereum offers) or some features. adding to much complexity is most of the time a trade off with security or something. but you can improve transaction numbers per second, confirmation time, size of the chain and more. but this is easy to say and hard to make. 

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December 08, 2016, 12:12:36 PM
 #1033

Of course. Nothing last forever. People wont stop inventing. Zcash may do it

ZCash may do it. It can be used as a transparent currency like the bitcoin. It can be as anonymous as Monero.
Zcash ? I remember people did say here same thing when Dash was introduced and then ETH now Zcash. Altcoins will come and go. This is what happening since litecoin. Altcoins may serve just one particular purposes at a time and people do start forgetting them once they see new one arrives.

We can be sure that new innovative altcoins definitely will designed in upcoming days and people will adopt them and will forget them. Bitcoin will stay strong among these.
yes, altcoins will come and go, but in order to stick more or less or even to overcome bitcoin they will need two things. first they have to be significantly and undoubtful better then bitcoin and secondly they will only be in the spotlight if there is a serious problem with bitcoin and people will look for alternatives. even then it will be a hard thing to do.

That was my thought before but recently due to the current events on bitcoin industry such as the IRS and Coinbase setting up a customer records wherein they could monitor your transactions and the big company Circle who left bitcoin behind and transferred to paypal and paymaya, my mind has changed. I am not thinking that if many events like this will happen again and people will lost their trust to bitcoin then for sure another altcoin will takeover.
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December 08, 2016, 12:22:16 PM
 #1034

Of course. Nothing last forever. People wont stop inventing. Zcash may do it

ZCash may do it. It can be used as a transparent currency like the bitcoin. It can be as anonymous as Monero.
Zcash ? I remember people did say here same thing when Dash was introduced and then ETH now Zcash. Altcoins will come and go. This is what happening since litecoin. Altcoins may serve just one particular purposes at a time and people do start forgetting them once they see new one arrives.

We can be sure that new innovative altcoins definitely will designed in upcoming days and people will adopt them and will forget them. Bitcoin will stay strong among these.
yes, altcoins will come and go, but in order to stick more or less or even to overcome bitcoin they will need two things. first they have to be significantly and undoubtful better then bitcoin and secondly they will only be in the spotlight if there is a serious problem with bitcoin and people will look for alternatives. even then it will be a hard thing to do.

That was my thought before but recently due to the current events on bitcoin industry such as the IRS and Coinbase setting up a customer records wherein they could monitor your transactions and the big company Circle who left bitcoin behind and transferred to paypal and paymaya, my mind has changed. I am not thinking that if many events like this will happen again and people will lost their trust to bitcoin then for sure another altcoin will takeover.
this is a thing i could see going one way or the other. if bitcoin becomes regulated extensively in the leading countries, then this could be the hour of an altcoin emerging to take over the crypto world. but there is also a very good chance that this regulation will a way of accepting bitcoin by government and also by the mainstream and making bitcoin so huge that it will be hard for any altcoin to overtake bitcoin in the next coming years. 

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December 08, 2016, 04:46:01 PM
 #1035

mh... no. Bitcoin have brothers, but it will not be replaced. just my thought
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December 08, 2016, 05:06:00 PM
 #1036

mh... no. Bitcoin have brothers, but it will not be replaced. just my thought
I would recommend you to write longer comments if you really wish to join some good campaign.
But I am agree that bitcoin will be replaced by some other crypto currency. Bitcoin is the most known and the most stronger from any crypto. The possible future of bitcoin that I can predict is that bitcoin will swallow some other crypto and it will be only the one crypto currency with some one name.
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December 08, 2016, 05:36:33 PM
 #1037

because of th hard fork  it is very unlikely that bitcoins will be replaced by any other cryptocurrency .this is not going to happen in the future run .well it may rise more than bitcoins but i think it will be for a few amount of time .i the last bitcoins will always rule the world.
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December 08, 2016, 05:40:57 PM
 #1038

Does it make sense to believe that Bitcoin could one day be replaced by another cryptocurrency, that is, a cryptocurrency that really does make Bitcoin obsolete?

It is only natural for bitcoin to improve and be replaced with better technology. It might still be blockchain technology but it would be improved. Everything grows up and gets better it is the way of life.

 
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December 08, 2016, 05:45:22 PM
 #1039

Does it make sense to believe that Bitcoin could one day be replaced by another cryptocurrency, that is, a cryptocurrency that really does make Bitcoin obsolete?

It is only natural for bitcoin to improve and be replaced with better technology. It might still be blockchain technology but it would be improved. Everything grows up and gets better it is the way of life.

I think bitcoin will ever be evolving keeping its throne as king of cryptocurrencies.  There are lots of contenders but they failed in one category, even if they are better in technology.  This is the user base, people adoption.  If they beat the number of people adopting bitcoin then that would be the time that bitcoin can be replaced by another cryptocurrency.

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December 08, 2016, 06:05:11 PM
 #1040

I don't think we are that point yet, maybe in the future a new coin will appear that is so good that we need to use it as the new standard against every other crypto is compared against but that is simply not the case right now.

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