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Author Topic: Will Bitcoin be replaced by another cryptocurrency?  (Read 185472 times)
Jedzkie050617
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November 05, 2017, 09:12:03 PM
 #2921

It won't occur if the cost of bitcoin nevertheless at the high price. Since bitcoin that have really large price for every coin. To exchange bitcoin, that crytocurrency need to be more good and also have a new 'thing'
As of this days, bitcoin is very demand and popular in the world of crypto currency. Its value, is getting high and it will never be replaced easily, maybe there will other crypto currency someday that may compete bitcoin but it will never replaced easily the performance of bitcoin.
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November 05, 2017, 09:43:12 PM
 #2922

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 doea make sense since everything has its end, maybe not now but later if there is another cryptocurrency that will boom in time. But as of now bitcoin is still the mother of all cryptocurrency and still ireplaceable due to is stand in the ranking of cryptocurrency.

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November 05, 2017, 11:09:03 PM
 #2923

It won't occur if the cost of bitcoin nevertheless at the high price. Since bitcoin that have really large price for every coin. To exchange bitcoin, that crytocurrency need to be more good and also have a new 'thing'
As of this days, bitcoin is very demand and popular in the world of crypto currency. Its value, is getting high and it will never be replaced easily, maybe there will other crypto currency someday that may compete bitcoin but it will never replaced easily the performance of bitcoin.
Bitcoin is very strong and it's hard to replace bitcoin basing on what is happening now, when it pump altcoins will bleed and we know only one of the altcoins that we are seeing now can replace bitcoin, probably Ethereum but it continue to go dump as bitcoin is moving the opposite direction.

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Pettuh4
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November 05, 2017, 11:15:40 PM
 #2924

It won't occur if the cost of bitcoin nevertheless at the high price. Since bitcoin that have really large price for every coin. To exchange bitcoin, that crytocurrency need to be more good and also have a new 'thing'
As of this days, bitcoin is very demand and popular in the world of crypto currency. Its value, is getting high and it will never be replaced easily, maybe there will other crypto currency someday that may compete bitcoin but it will never replaced easily the performance of bitcoin.
Bitcoin is very strong and it's hard to replace bitcoin basing on what is happening now, when it pump altcoins will bleed and we know only one of the altcoins that we are seeing now can replace bitcoin, probably Ethereum but it continue to go dump as bitcoin is moving the opposite direction.

 Well it's possible that bitcoin can be replaced by another currency but these current alts don't give us much of a choice, maybe there are others in line with better technologies behind tyhat that might completely outdo bitcoin but until then i don't think any of the current altcoins can overtake bitcoin.
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November 05, 2017, 11:29:55 PM
 #2925

It is possible but only wih a low possibility
It has to be something with really great feature to offer and also people start abandoning bitcoin, if only those two requirements comply  Grin

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November 06, 2017, 01:20:37 AM
 #2926

As in future this can happen but today Bitcoin is the best currency.
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November 06, 2017, 01:30:25 AM
 #2927

My doubts for that is as high as bitcoin's market value today. I don't think that there is a digital coin today that would surpass or even match bitcoin's value. Not under bitcoin's watch if i may say because bitcoin is not just the mainstream currency but it's the currency of the people. But maybe yes (alt coin will replace bitcoin), in the future if bitcoin will be gone for good.

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November 06, 2017, 02:17:47 AM
 #2928

The chances of bitcoin becoming so obsolete that it will be replaced by another cryptocurrency are very small.
Bitcoin had proved to be irreplaceable due to so many reasons. Let's consider the market value of bitcoin i.e the btc/dollar rate,  which other cryptocurrency could have such high value.
The features of bitcoin also remains unbeatable. Its anonymity, secure transaction and so more has made bitcoin the best cryptocurrency.

taiwww
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November 06, 2017, 02:53:16 AM
 #2929

No economy of the world is ideal.
Economy of any country changes as per the need, it accepts new changes and removes the old one.
Earlier trades were settled by using barter method, later valuable metals were used, then coins were introduced, then fiat currency get introduced. Later paper currency is joined by Digital money.
Now its time decentralised, digital cryptocurrencies like bitcoin.
Bitcoin gets introduces in 2009 with price tag of $0 now within span of 8 years it has reached $7000.
Bitcoin too have some loopholes/limitations/drawbacks which is why some nations are banning it in their economy.
May be tomorrow a new currency will replace bitcoin by removing its current drawbacks.
Ngewex Yuk
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November 06, 2017, 02:58:32 AM
 #2930

I think it is very difficult to happen in the near future, we all know that bitcoin is the first and most popular cryptocurrency, everyone knows bitcoin and few know ethereum, waves or anything else.

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iloveass2
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November 06, 2017, 03:24:32 AM
 #2931

Things can't be predict in the future. I believe there is nothing that could not happen in this world. But at the moment, based on a lot of statistics, i believe for more 4 or 5 years bitcoin could not be replaced by any other crytocurrency because bitcoin is now has the most potential, more and more investors would spend spend their money on this digital coin. Things happen when we less expected so we can't tell nothing about the future

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SupportBitcoin
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November 06, 2017, 04:08:11 AM
 #2932

It may be replaced in the future but certainly not anytime soon. Bitcoin is the king of crypto right now!

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November 06, 2017, 04:13:22 AM
 #2933

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?

Of course it will be! Cryptocurrencies are about the technology and Bitcoin is technologically out of date already. The only reason why it's more popular now is because of its high level of awereness.

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November 06, 2017, 04:15:47 AM
 #2934

It may be replaced in the future but certainly not anytime soon. Bitcoin is the king of crypto right now!
There is always an attempt to make resistance to BTC, whether fork is an attempt to create another BTC. such as BCC.
I see that nothing works, although this coin survives but the price is not comparable with BTC.

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November 06, 2017, 04:23:03 AM
 #2935

As in future this can happen but today Bitcoin is the best currency.
Thats a big no!, bitcoin is the best cryptocurrency right now and it will be the best until it is existing in this world, Bitcoin is running for many years but still it cant be replaced by another cryptocurrency, Lets said that in the future there will be a new crypto currency but it will not replaced bitcoin, it will run in the future too thats okay, And for me in the future there will be more people will support bitcoin so it will be the best forever.

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November 06, 2017, 04:23:26 AM
 #2936

It could happen ... if all the digital currency transactions themselves do not pass through Bitcoin but pass through the currency itself or other currencies ..
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November 06, 2017, 04:30:27 AM
 #2937

It can be happened. Because Bitcoin will not be placed in one forever. There will also be other crypto currency which will take place the bitcoin. Because it's a market. There is so many competetors also.So, other competitors also try to make them better than bitcoin. So today or tommorow any time it will execute I know.

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November 06, 2017, 04:56:22 AM
 #2938

I think anything can happen, maybe right now everyone thinks that it's impossible to replace bitcoin, but I'm sure someday there will be coins that will replace bitcoin.

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November 06, 2017, 04:56:51 AM
 #2939

Over a long enough timeline, BTC will be replaced, or at the very least, dissolve into many different blockchains indistinguishable from the original core.

Look into the eyes.
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November 06, 2017, 10:00:55 AM
 #2940

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 so, this is possible , we can say that like bitcoin who shocking sprout nowhere and make its name lead to popularity, someday or maybe there would be an another cryptocurrency that might erase bitcoin from leading and attract people more than it could is possible, if there would be greater than Satoshi when it comes to cryptocurrency.
No there is no chance for any other cryptocurrency to replace bitcoin because bitcoin is now a very strong and powerful in market and bitcoin is providing a good source of income as well as you can learn a lot of things from bitcoin even now in some countries bitcoin provided a credit cards as well so bitcoin is full of qualities.

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