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Author Topic: Will Bitcoin be replaced by another cryptocurrency?  (Read 186361 times)
razoor
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December 21, 2016, 04:36:30 PM
 #1141

It would be very hard for any cryptocurrency to replace bitcoin.
Bitcoin is like king and everyone is looking up to him.
Every crypto price is quoted to bitcoin.

I remember when ETH was supposed to take down bitcoin but what do we see now?
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December 21, 2016, 09:22:10 PM
 #1142

No I cannot believe that this will happen at any point because the bitcoin is simply already way too big right now.
you are right that bitcoin is very much stronger currency and no one can be replace it by another currency because there is a lot of crypto currencies and just bitcoin on the top of all and bitcoin is on very stronger position so its very difficult and impossible that Bitcoin will be replaced by another cryptocurrency.
yes no doubt about this, that bitcoin is one of the most stronger currency of the world and a time is coming when all the people of the world will be using bitcoin as currency for buying and selling even in their local shops.

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December 22, 2016, 01:35:15 AM
 #1143

Theres a possibility. But theres only thiner chance to be bappen. It also takes time. I mean, look at the price. Is there any altcoin which is  the price is closest to price of bitcoin? I think may take many years to happen. But theres a lot of altcoin out there has a lot of potential. But some of them are just hype.

But the price of bitcoin would not really be any problem to be potentially displaced by some other emerging altcoin, since it is well known that the price always have a high margin of subjectivity and speculation that might be immediately sent to the ground as we have seen in many other sadly famous coins, which makes the investment in most altcoins a simple scheme of pump and dump.
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December 22, 2016, 03:16:33 AM
 #1144

Theres a possibility. But theres only thiner chance to be bappen. It also takes time. I mean, look at the price. Is there any altcoin which is  the price is closest to price of bitcoin? I think may take many years to happen. But theres a lot of altcoin out there has a lot of potential. But some of them are just hype.

But the price of bitcoin would not really be any problem to be potentially displaced by some other emerging altcoin, since it is well known that the price always have a high margin of subjectivity and speculation that might be immediately sent to the ground as we have seen in many other sadly famous coins, which makes the investment in most altcoins a simple scheme of pump and dump.
Bitcoin is always better than altcoins, the price says it all, and without bitcoin altcoins would not be popular and what more if bitcoin will die. I don't know what will happen in the future but as long as bitcoin is very progressive, I do not see it being replace by other currency.

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December 22, 2016, 03:29:01 AM
 #1145

Bitcoin is king of currency without any improvement, when those happens it just show others that bitcoin can get better, altcoins will always be altcoins, but we cant say that bitcoin wont find some strong altcoins in the future, since we all know the issues that some people dislike at bitcoin, and if a solution doesnt show off on the next years, some altcoins may hit bitcoin deeply.
Although so many people interested in altcoin especialy ETH but I think they thrust it becouse they knew about the first cryptocurrency that will not die. If bitcoin replaced by altcoin I think people will lose thrust with every cryptocurrency.


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December 22, 2016, 07:53:35 AM
 #1146

Bitcoin is king of currency without any improvement, when those happens it just show others that bitcoin can get better, altcoins will always be altcoins, but we cant say that bitcoin wont find some strong altcoins in the future, since we all know the issues that some people dislike at bitcoin, and if a solution doesnt show off on the next years, some altcoins may hit bitcoin deeply.
Although so many people interested in altcoin especialy ETH but I think they thrust it becouse they knew about the first cryptocurrency that will not die. If bitcoin replaced by altcoin I think people will lose thrust with every cryptocurrency.
You misspelled trust.
 sure there is interest in altcoins, but nothing is going to replace bitcoin. no altcoin is ever going to be as popular and strong as bitcoin.
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December 22, 2016, 08:05:13 AM
 #1147

I just came to the realization that the success of Bitcoin might become a problem. If the Bitcoin price i to high and if there is an altcoin that is as good as bitcoin, but much cheaper, then people might adopt that coin instead of Bitcoin. Because right know i do not see that the infrastructure of Bitcoin is that much better like the price suggests. 

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December 22, 2016, 08:16:07 AM
 #1148

I just came to the realization that the success of Bitcoin might become a problem. If the Bitcoin price i to high and if there is an altcoin that is as good as bitcoin, but much cheaper, then people might adopt that coin instead of Bitcoin. Because right know i do not see that the infrastructure of Bitcoin is that much better like the price suggests. 

That's possible. But we can't disregard the fact that behind the bitcoin's success is the people who are using it, that means they are the foundation, Without them bitcoin cannot reach it to the top and succeed. Investors  won't just quit bitcoin when it is still profitable.

What I think that could make people leave bitcoin is if it fail to please them and if there are flaws that is unfixed or worst irreparable.

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December 22, 2016, 08:21:05 AM
 #1149

I just came to the realization that the success of Bitcoin might become a problem. If the Bitcoin price i to high and if there is an altcoin that is as good as bitcoin, but much cheaper, then people might adopt that coin instead of Bitcoin. Because right know i do not see that the infrastructure of Bitcoin is that much better like the price suggests. 
Bitcoin is successful currency that will never be a problem anymore not all altcoin are depending on the price of the bitcoin altcoins are dependsnon the volume and demand as well pumping them and dumping then is part of market exchange to get profit , bitcoin soon will build its own structure bitcoin has a big potential growing community.
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December 22, 2016, 08:25:58 AM
 #1150

I just came to the realization that the success of Bitcoin might become a problem. If the Bitcoin price i to high and if there is an altcoin that is as good as bitcoin, but much cheaper, then people might adopt that coin instead of Bitcoin. Because right know i do not see that the infrastructure of Bitcoin is that much better like the price suggests. 
Bitcoin is successful currency that will never be a problem anymore not all altcoin are depending on the price of the bitcoin altcoins are dependsnon the volume and demand as well pumping them and dumping then is part of market exchange to get profit , bitcoin soon will build its own structure bitcoin has a big potential growing community.
Actually that is not the case whether Bitcoin is expensive or not other altcoins will be under is shadow. Look at other altcoins that prove they are better than Bitcoin, they still have lower value compared to Bitcoin. Of course its because Bitcoin has the largest market share among all cryptocurrencies, Bitcoib so far is the most widely accepted cryptocurrency out there.
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December 22, 2016, 08:31:00 AM
 #1151

I just came to the realization that the success of Bitcoin might become a problem. If the Bitcoin price i to high and if there is an altcoin that is as good as bitcoin, but much cheaper, then people might adopt that coin instead of Bitcoin. Because right know i do not see that the infrastructure of Bitcoin is that much better like the price suggests. 
Bitcoin is successful currency that will never be a problem anymore not all altcoin are depending on the price of the bitcoin altcoins are dependsnon the volume and demand as well pumping them and dumping then is part of market exchange to get profit , bitcoin soon will build its own structure bitcoin has a big potential growing community.
sorry, but i can honestly say that i have tried to make sense of what you wrote, but i have no clue what you mean. Explain it so i can understand what your point is or i will have to assume that it is just some Bitcoin is the best rubbish without a point and that you have no understanding of Bitcoin.

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December 22, 2016, 08:35:38 AM
 #1152

I just came to the realization that the success of Bitcoin might become a problem. If the Bitcoin price i to high and if there is an altcoin that is as good as bitcoin, but much cheaper, then people might adopt that coin instead of Bitcoin. Because right know i do not see that the infrastructure of Bitcoin is that much better like the price suggests. 
Bitcoin is successful currency that will never be a problem anymore not all altcoin are depending on the price of the bitcoin altcoins are dependsnon the volume and demand as well pumping them and dumping then is part of market exchange to get profit , bitcoin soon will build its own structure bitcoin has a big potential growing community.
Actually that is not the case whether Bitcoin is expensive or not other altcoins will be under is shadow. Look at other altcoins that prove they are better than Bitcoin, they still have lower value compared to Bitcoin. Of course its because Bitcoin has the largest market share among all cryptocurrencies, Bitcoib so far is the most widely accepted cryptocurrency out there.
I can agree that Bitcoin is the most accepted crypto there is. Also the price of other cryptos is lower then Bitcoins. Maybe some are even better. If that is all the case, then some better altcoin should replace Bitcoin over time. Why should i pay more for something worse. This will not happen overnight, but replacing Bitcoin does not mean that you have a higher price then Bitcoin. It means you are wider adopted. And for this a cheaper price might be even better.

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December 22, 2016, 08:41:52 AM
 #1153

it could be possible if ever people will stop using bitcoin and migrate to alternate cryptocurrency or the bitcoin blockchain will cease on their operation . as of now it is not likely to happen as I can see the price of some alt coins are falling because of the big jump of bitcoins' price .
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December 22, 2016, 08:48:11 AM
 #1154

Bitcoin is king of currency without any improvement, when those happens it just show others that bitcoin can get better, altcoins will always be altcoins, but we cant say that bitcoin wont find some strong altcoins in the future, since we all know the issues that some people dislike at bitcoin, and if a solution doesnt show off on the next years, some altcoins may hit bitcoin deeply.
Although so many people interested in altcoin especialy ETH but I think they thrust it becouse they knew about the first cryptocurrency that will not die. If bitcoin replaced by altcoin I think people will lose thrust with every cryptocurrency.
You misspelled trust.
 sure there is interest in altcoins, but nothing is going to replace bitcoin. no altcoin is ever going to be as popular and strong as bitcoin.

Altcoins were given preference for a short time when its found to be in the peak for the trading needs. Rather than that bitcoin is given preference by most of the users due to increased acceptance than other digital currencies as well due to the long lasting.

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December 22, 2016, 10:12:18 AM
 #1155

Bitcoin is king of currency without any improvement, when those happens it just show others that bitcoin can get better, altcoins will always be altcoins, but we cant say that bitcoin wont find some strong altcoins in the future, since we all know the issues that some people dislike at bitcoin, and if a solution doesnt show off on the next years, some altcoins may hit bitcoin deeply.
Although so many people interested in altcoin especialy ETH but I think they thrust it becouse they knew about the first cryptocurrency that will not die. If bitcoin replaced by altcoin I think people will lose thrust with every cryptocurrency.
You misspelled trust.
 sure there is interest in altcoins, but nothing is going to replace bitcoin. no altcoin is ever going to be as popular and strong as bitcoin.

Altcoins were given preference for a short time when its found to be in the peak for the trading needs. Rather than that bitcoin is given preference by most of the users due to increased acceptance than other digital currencies as well due to the long lasting.
Nothing can change the fact that bitcoin is superior among any other cryptocurrency right now.
But who knows in the future some altcoins give a surprise.
A breakthrough just like what ethereum did last year and make them almost as popular as bitcoin.
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December 22, 2016, 10:13:19 AM
 #1156

it could be possible if ever people will stop using bitcoin and migrate to alternate cryptocurrency or the bitcoin blockchain will cease on their operation . as of now it is not likely to happen as I can see the price of some alt coins are falling because of the big jump of bitcoins' price .
IN the present situation i think it's not possible, the Bitcoin is getting more popular in online gambling field. And people are started to accept bitcoin as payment in small business. I am getting my online job payment through Bitcoin. So day by day it's becoming more popular. I think no other cryptocurrency will beat bitcoin in coming days.
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December 22, 2016, 01:56:22 PM
 #1157

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?
i think everything is possible include bitcoin can replaced by another cryptocurrency, if other currency more be loved all person .
and other currency more high price . but i think this is difficulf thing!
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December 22, 2016, 05:52:49 PM
 #1158

Bitcoin is king of currency without any improvement, when those happens it just show others that bitcoin can get better, altcoins will always be altcoins, but we cant say that bitcoin wont find some strong altcoins in the future, since we all know the issues that some people dislike at bitcoin, and if a solution doesnt show off on the next years, some altcoins may hit bitcoin deeply.
Although so many people interested in altcoin especialy ETH but I think they thrust it becouse they knew about the first cryptocurrency that will not die. If bitcoin replaced by altcoin I think people will lose thrust with every cryptocurrency.
no need to lose trust, because bitcoin is not going anywhere. i think a time is coming when bitcoin will be one of the most popular currency of the world and all the people of the world will be using it for shopping trading and for so many other purposes. so bitcoin is not going to be replace by any other currency.
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December 22, 2016, 07:00:32 PM
 #1159

it could be possible if ever people will stop using bitcoin and migrate to alternate cryptocurrency or the bitcoin blockchain will cease on their operation . as of now it is not likely to happen as I can see the price of some alt coins are falling because of the big jump of bitcoins' price .
people are not going to stop using bitcoin, to me i think the users of bitcoin are increasing from time to time. and i think this strategy will continue even in 2017. therefore bitcoin is not going to be replace by any other currency.
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December 22, 2016, 09:32:43 PM
 #1160

Not in the foreseeable future, but it's possible.
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