revswim93
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August 26, 2017, 06:52:15 AM |
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I dont think bitcoin could ever be replaced. Its the original. I'm hoping it will last for hundreds or thousands of years and be seen for the digital gold that it is. Mostly I hope that because as I mentioned in another thread, I need bitcoin to last forever so I can get my coins out of cold storage when I come out of cryo sleep. I wouldnt want my assets to be more frozen than I was.
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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, but full nodes are more resource-heavy, and they must do a lengthy initial syncing process. As a result, lightweight clients with somewhat less security are commonly used.
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Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
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Kaller
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August 26, 2017, 06:59:32 AM |
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No way, Jose! Bitcoin is here to stay. It will never go away. Not yesterday, not tomorrow, not today. Will still be here when our hair turns grey! hahah
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Yasirmrd
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August 26, 2017, 07:15:53 AM |
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There is no way to know about it, currently we do see bch being pumped, and market is a bit scared to see such coin being more traded then bitcoin as well eth, that lost top trade volume on the last days, the future can bring better coin but for now there is no coin to compete with it.
I dont think so that other cryptocurrency will replace bitcoin because bitcoin is at top and as one forum member here mentioned that bitcoin is the mother of other cryptocurrencies is the best answer as at the moment there is no cryptocurrency even to compete with bitcoin. |
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dobladi
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August 26, 2017, 07:20:49 AM |
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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?
There's a possibility, because all cryptocurrency depends on the market demand. So if a new cryptocurrency will rise with a higher demand than Bitcoin, ofcourse it will have a negative impact to Bitcoin. The users of Bitcoin might move or transfer to that cryptocurrency because they find it more profitable. But surely, it won't happen at thos moment wherein the dominance of Bitcoin is obvious. Its value is continuously rising as well as its demand so it will take years foe that to happen. |
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Yasirmrd
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August 26, 2017, 07:32:59 AM |
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Of course, the new crypto will be able to replace Bitcoin. But Bitcoin has a longer future. According to me, the crypto money that could be the only competitor to Bitcoin in the future could be Ethereum right now. A lot can change in 2018.
It is not investment advice. That's my idea.
I don't think that other will replace bitcoin. Currently there are other cryptocurrency in the market and they have their own value and position and in future it will be the same. Bitcoin will also lead the trend and there is not match to bitcoin. |
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filharvey
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August 26, 2017, 08:13:55 AM |
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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?
Bitcoin may get replaced by any other currency in future but in today's situation,it seems to be not possible.Even the most expected altcoins like ethereum,monero have failed to deliver the expected results.Despite providing full anonymity,monero and zcash have not performed well.In today's situation,no altcoin possess ability to replace bitcoin.So,bitcoin might remain as the king of crypto currencies for twenty more years. |
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wellsontheja
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August 26, 2017, 08:16:43 AM |
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It's still possible to hapoen but the possibilty of that thing happen is so low i think.
But we don't know what will happen in future actually I was hoping it would not happen
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maokoto
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August 26, 2017, 08:21:38 AM |
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Bitcoin as it is now is evolving and will evolve more in the future. It could happen that some other currency replace it, but it is not probable and is not as if Bitcoin will stay just the same while others become more and more sophisticated.
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carvenn
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August 26, 2017, 08:25:50 AM |
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Can someone explain to me how Bitcoin can evolve into something other than a currency? Will they be able to use the blockchain for other things? I have been wondering whether or not BitCoin is future proof, or will it just be used as a currency like gold.
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aizen10
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August 26, 2017, 08:58:21 AM |
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nothing is impossible. and the possibility that bitcoin could be replace by another cryptocurrnecy is probably possible, but for now by means of popularity and demand even bitcoin has a limited quantity/volume, bitcoin is cannot replace by the other cryptocurrency maybe the cryptocurrency (OP mentioning) will/would be the shadow of bitcoin but to replace is never gonna be happen i thought.
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Akash1243
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August 26, 2017, 09:23:20 AM |
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There are many crypto currencies but none of them can replace Bitcoin atleast not is this century as none them are capable enough.To replace Bitcoin, crpyto currency should be as popular and in demand as bitcoin is because all crypto currency depends on people's demand.But anything can happen in future as a better crypto currency may form with better features than Bitcoin then it can replace Bitcoin.
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Shamie1002
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August 26, 2017, 09:25:08 AM |
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Believing that it could happen makes sense, possibilities can always occurs with time but in my opinion, bitcoin is the king of crypto it my be replaced but just in a short period of time. The use of BTC is definitely the demand.
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bahandhi0508
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August 26, 2017, 09:52:54 AM |
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Bitcoin as it is now is evolving and will evolve more in the future. It could happen that some other currency replace it, but it is not probable and is not as if Bitcoin will stay just the same while others become more and more sophisticated.
Well, that sounds ridiculous by the time bitcoin be replace with other crypto currencies because no other currency of todays era that has been performing like that expensive price. If you said that evolvement of bitcoin is to be replaced with other promising one, then it's worth to invest for if ever there's a plan to replace it in the future. |
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sapnu
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August 26, 2017, 10:30:40 AM |
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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?
There's a probability that it will happen someday. But more years will come before this thing happen. Bitcoin is currently dominating the cryptocurrency, it is now more indemand that it was before that made its market value more expensive. Also, it community became larger. And the reason ehy Bitcoin remained the no.1 crypto is because of its large community. If a new crypto will rise with a bigger community, it might be the reason of Bitcoin being replaced as the no.1 crypto. But i think it won't happen for the next years to come since Bitcoin is continuously growing. |
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onetwostep
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August 26, 2017, 10:46:13 AM |
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Nothing is impossible. But still lookin bitcoin is the best  |
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andaresta
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August 26, 2017, 10:57:24 AM |
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All will not be replaced because all have their own pair like bitcoin?
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Butchick
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dApps Development Automation Platform
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August 26, 2017, 11:18:23 AM |
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i don't think there will ever be any coin that can replace bitcoin; it is unique in its own way. although, a possibility that another coin can reach the potential or even surpass its potential will always be there since being on top of the list depends on how the people manages to keep in on top and improve is technology. so long as bitcoin maintains its competitiveness and number or investors continue to increase, then bitcoin will always remain on top of the list. however, surpassing its greatness won't happen overtime and it will require more than just money and skills.
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Omegasun
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August 26, 2017, 11:32:21 AM |
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i don't think there will ever be any coin that can replace bitcoin; it is unique in its own way. although, a possibility that another coin can reach the potential or even surpass its potential will always be there since being on top of the list depends on how the people manages to keep in on top and improve is technology. so long as bitcoin maintains its competitiveness and number or investors continue to increase, then bitcoin will always remain on top of the list. however, surpassing its greatness won't happen overtime and it will require more than just money and skills.
Theres no alt or even new alt that can surpass btc now, some alts were created before to beat it yet they didn't made it. And it seems impossible now for btc is way up high now . Unless tgere are companies whose willing to risk their name and fund for an alt that will automatically start with greater amount btc have now. I think no company will do such. |
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hansbans
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August 26, 2017, 11:35:20 AM |
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Bitcoin will be replaced by ethereum |
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carlisle1
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August 26, 2017, 11:40:22 AM |
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Believing that it could happen makes sense, possibilities can always occurs with time but in my opinion, bitcoin is the king of crypto it my be replaced but just in a short period of time. The use of BTC is definitely the demand.
I remember how Mj always been compared to those young guns who wants to create a name inside the court same with bitcoin even new crypto will be created and became popular bitcoin will still be recognized as the king of this industry. keep it up just hold and believe. |
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