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Author Topic: Will Bitcoin be replaced by another cryptocurrency?  (Read 185472 times)
pflmagic
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September 27, 2017, 09:36:08 AM
 #2421

With all the mining / blocksize dramas that have been going on - I really hope that it does get replaced as number one.
Even if its just that a full integration of Atomic Swaps blur the line between there being a single leader to there being more of a 'pack'... I think it would be welcome.
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September 27, 2017, 10:06:32 AM
 #2422

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?
For me it's a No because Bitcoin is the root of cryptocurrency. The concept of cryptocurrency was introduced to us through bitcoin, the new ones just change their name but the concept is still came from what bitcoin already have.

The top four cryptocurrencies today are Bitcoin, Ethereum, Litecoin, and Dogecoin. Among the four, Bitcoin is leading and has a very big gap betwern the other three when we compare their values. Besides, there are more people who used bitcoin other than any kind of cryptocurrency so we can conclude that Bitcoin is unbeatable up to now.

Maybe bitcoin can be replaced by others if there is a new system of finance introduced, nothing is impossible and everything could happen. But for now, Bitcoin is the best Smiley

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September 27, 2017, 11:01:43 AM
 #2423

i think not, but we don't know for sure what will happen in the future. I think it is safe to assume bitcoin or all the cryptos maybe replaced by another type of currency, as of now I can say that bitcoin will be the king of all cryptos, even etherium cant reach a point where it almost equal the bitcoin despite of efforts from its investors.

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September 27, 2017, 11:23:44 AM
 #2424

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?

For me it's possible, but I think it will take years or either decades or maybe century before that happens. Grin

Bitcoin today is the most powerful above all cyrptocurrencies, but if they can create another one better than bitcoin for sure it will take effect, and will take bitcoin position. But I guess nothing can still go beyond bitcoin.
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September 27, 2017, 09:25:14 PM
 #2425

I think this is very possible, now many people make coins and I'm sure 1 among there will be better everything and soon replace bitcoin.
That is not really a reason, there are many coins out there and not a single one has surpassed bitcoin at this time I do not think we should be worried that any coins is going to surpass bitcoin, the only real threat for bitcoin is bitcoin itself, with another fork coming and the possibility that all the miners back that fork, bitcoin is going to be left very vulnerable.
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September 27, 2017, 09:39:11 PM
 #2426

Many has attempt to try to create a new coin to replace Bitcoin but none has achieve yet, Eth has a potential but it will never go exceed Bitcoin Price. Though there are many coins that is being created every day or two but most of them doesn't survive after ico most of them are scam so  for that Bitcoin will not be replace.
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September 27, 2017, 10:37:35 PM
 #2427

There are many people who have said it several times, but in my opinion it's impossible, we said its for DASH, ETH .... etc, the bitcoin remains the bitcoin and the rest of the crypto currencies are attached to the btc

 
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September 28, 2017, 02:00:54 AM
 #2428

Most likely, bitcoin will not be replaced in due course by another crypto currency, but simply to change, freeing from other defects that I have had and improving. Technologies on the spot are not worth it. Everything is moving and mutating. It is possible that under this name there will eventually be something new, unusual for us, but it is much easier and more practical to handle.
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September 28, 2017, 02:43:01 AM
 #2429

There are many people who have said it several times, but in my opinion it's impossible, we said its for DASH, ETH .... etc, the bitcoin remains the bitcoin and the rest of the crypto currencies are attached to the btc

There is no such thing as a sure thing in crypto, we don't hold the future and I am a believer of bitcoin myself but I'm not putting all
my money with it. It's still best to diversify so you can also take part of the success of others when some of your investment failed.
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September 28, 2017, 02:47:13 AM
 #2430

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?
For now the bitcoin cannot replaced by anyone cryptocurrenccryptocurrency . but i thimk after 20-30 years? The bitcoin will be replaced is becuase there are many new and high value cryptocurrency than bitcoin will appear .
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September 28, 2017, 06:27:15 AM
 #2431

I think Bitcoin will never be raplaced but he will get hard challenger. The most exciting for now seems to be DEEPONION.
I think in 1 or 2 years Onion will be Number 2 or 3 in Crypto. but Bitcoin will be the Number 1 because everyone on the Mainstream just know this one.
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September 28, 2017, 06:31:51 AM
 #2432

I think Bitcoin will never be raplaced but he will get hard challenger. The most exciting for now seems to be DEEPONION.
I think in 1 or 2 years Onion will be Number 2 or 3 in Crypto. but Bitcoin will be the Number 1 because everyone on the Mainstream just know this one.
I don't think it shouldn't be compared with a competition. I think alternate cryptocurrencies help each other with concerning of value. Of course, it's dependent on how valuable and helpful the altcoin is but still, Bitcoin would still be the one reigning over all cryptocurrencies because that's the most used.

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September 28, 2017, 06:35:40 AM
 #2433

Sure it will be replaced and quite soon I think. Let's be fair - Bitcoin is technologically not perfect and very soon will be out of date. It has a strong support from investors and is well known, but we should remember how fast this market changes. Will see an another leader in 2-3 years or even sooner.

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September 28, 2017, 06:43:38 AM
 #2434

We still most preferred bitcoin like in trading, after an altcoin's ICO it is listed on an exchange and sell to BTC. As I observed, when the value of bitcoin goes down also the other coins are following. I believe BTC will always be leading on all crypto-currencies. It has already run for how many years and still on the top and I know it will continue in coming years.



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September 28, 2017, 06:45:56 AM
 #2435

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?
For now the bitcoin cannot replaced by anyone cryptocurrenccryptocurrency . but i thimk after 20-30 years? The bitcoin will be replaced is becuase there are many new and high value cryptocurrency than bitcoin will appear .
Bitcoin is very dominant and I think investors does not want to make it happen, traders love to play with bitcoin as the price is volatile and since it has an anonymous creator this factor will make investors think that it's really transparent and they can monitor what will happen to it's future.
Bitcoin is nothing if we will not use it so the future really relies on the users and supporters, if this will be a failure for sure there are other crypto currencies that will excel.

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September 28, 2017, 07:35:00 AM
 #2436

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?
You can think again, Does bitcoin replaced by another cryptocurrency. Maybe you already know the answer.  One main reason bitcoin is a mother of another cryptocurrency it's difficult to replace it for now . but nothing is impossible.
I dont think that will happen because bitcoin is the most trusted currency as of now and many investors preferring to it as a business or a job.
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September 28, 2017, 12:10:15 PM
 #2437

I doubt that there is any other cryptocurrency or altcoin that can supersede the bitcoin. At least not for the next 5-10 years. Of course there are many rising competitors like ripple and litecoin. The newest addition to the list of its competitors is Ethereum. Ethereum has launched its own cryptocurrency called Ether that showed an exceptional growth last year making it the 2nd most popular cryptocurrency of 2016. And for all one knows, Ether is the only currency right now that owns a slight possibility to outpass the bitcoin in coming years. The biggest accomplishment of Ethereum perhaps is the support from some leading organizations like Microsoft and IBM.
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September 28, 2017, 12:28:00 PM
 #2438

Since every coins worth are measured with BTC, no other coin can replace BTC. Every market and coin would crash if they try. It would be like trying to create chickens without eggs.
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September 28, 2017, 12:34:56 PM
 #2439

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?
in the value of bitcoin if you compare to the other cryptocurrencies i dont think the other cryptocurrency will replaced the bitcoin because bitcoin is now the highest among the all cryptocurrency and many country was using bitcoin until now and the mining trading gambling that the other cryptos not. if the time that the other cryptocurrencies will have a high value im sure that the bitcoin is rising too.

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September 28, 2017, 12:44:38 PM
 #2440

I think it is of great possibilities. Maybe oneday it will be replaced by bcc. What do you think of it
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