Sum24
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Merit: 10
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November 23, 2017, 12:25:12 PM |
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Bitcoin has set the gold standard for cryptocurrencies, it has become the biggest, most popular, most valuable online currency in the world. To replace this by another currency is very unlikely at the moment, none of the current currency has what it takes, I would say that bitcoin has built a huge gap between its next competion by a monumental level that I will be confident to say that bitcoin will certainly be the leader in cryptocurrency in the next 5 years.
No chance that some other crypto can replace bitcoin because bitcoin is now very stable with high price in market and now bitcoin is use to with all challenges because in past bitcoin faced a lot of challenges such as banned and some other fork as well so bitcoin know how to fight against other crypto and I’m sure that bitcoin will survive for ever.
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twicezeroiszero
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November 23, 2017, 02:49:21 PM |
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I believe that bitcoin can be replace by another cryptocurrency, but there's no way its going to happen very soon. Yes, there's others that are like bitcoin like alt coins and etc. But still if you look into it you can see that bitcoin is the most profitable and stabilize cryprocurrency.
The most profitable and stabilize cryptocurrency is not Bitcoin, you are mistaken or hyped the abitility of Bitcoin. You can see there are too many altcoins passed Bitcoin about the growth from last until today, Ethereum, Dash, Monero, Litecoin, Ripple, Stellar, Doge, ... even shitcoin as BCN! Stabilize cryptocurrency but why does the price of Bitcoin increase and decrease fastly?
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alexzorgo
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November 23, 2017, 04:21:06 PM |
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Considering that essential changes in code base of blockchain happen much less often than in altcoins, I think, the probability of such replacement increases every year. Among new cryptocurrencies there is a severe competition. And this competition promotes their high-quality enhancement. These coins purchase new relevant properties and functions. I assume, that coin which will be able to aggregate all the best of the existing cryptocurrencies quickly will catch up with bitcoin in popularity.
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Xanxus024
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November 23, 2017, 05:43:45 PM |
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As long as the bitcoin rises the more harder to replace. We all know that bitcoin is the very first cryptocurrency if ever bitcoin surpass by another cryptocurrency it will be very hard task to dethrone bitcoin at the top. For now very hard to say that bitcoin can be replace by other cryptocurrency. But the possibility is there but we do not know when will it be happen.
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lifengpu
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November 23, 2017, 09:27:53 PM |
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I doubt that this will happen in the near future, since there is no worthy competitor, and given that it will continue to grow and have a demand, it is unlikely that anyone will be able to replace it
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jsscswan
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November 24, 2017, 12:29:45 AM |
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I think even though there are coins with current prices that are relatively stable and keep going up but still will not make bitcoin obsolete. Because currently bitcoin is more reliable than other crypto.
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Peter Murr
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November 24, 2017, 10:55:45 AM |
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I think future of crypto is a very interesting and important topic.. and I want to learn more about it and from my experience, I feel that conferences could be a good way to learn... I found this one https://blockshowasia.com/ and I'm thinking to go, but tickets are not so cheap, but I suppose it could worth it... what do you think guys? have you heard about it?
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hangar18
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November 24, 2017, 02:59:32 PM |
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As long as the bitcoin rises the more harder to replace. We all know that bitcoin is the very first cryptocurrency if ever bitcoin surpass by another cryptocurrency it will be very hard task to dethrone bitcoin at the top. For now very hard to say that bitcoin can be replace by other cryptocurrency. But the possibility is there but we do not know when will it be happen.
In my opinion, it is very easy. But important, do the whale want to replace Bitcoin by another cryptocurrency ? And the Bitcoin's user also hate the Bitcoin's system or not! For me, recently, I stop to use Bitcoin for my online transactions, almost transactions accept cryptocurrency, I using ETH or other cryptocurrencies for payment, because these coins have cheap fees and faster than Bitcoin.
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nightways
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November 25, 2017, 09:48:59 AM |
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Sooner or later it will happen, still bitcoin is not an ideal system, but at the moment there are no such altcoins that could replace BTC.
You never know what is going to happen in the coming days as future is very much unpredictable. Anything can happen in the future. As far as I think, there are very less chances of this thing to happen. Bitcoin is continuously making better reputation with each passing day and it will continue to do so. It is really difficult for other coins to bypass bitcoin. Bitcoin is and will remain the king of crypto currencies.
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darkangel020716
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November 25, 2017, 09:57:39 AM |
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we would never predict on what happen, but in some ways maybe it could be replaceable yes it is the mother of all cryptocurrency but we are living now in the modern world and maybe in some ways it can be replace theres no permanent in the world it is all replaceable maybe not now but in the future i guess it would change
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jostorres
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November 25, 2017, 12:12:56 PM |
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There will be new technologies, another coin will appear that can replace bitcoin
I think bitcoin have made its place in international market and in hearts of people. If we assume gold and other stock businesses, they have somehow better stability than bitcoin in market but they don’t involve directly with people rather they are so hard to deal with for local public. That is why these have been in hands of rich people from a long time. On contrary, bitcoin got praised by local public and this strengthens it.
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jputra635
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November 25, 2017, 12:37:19 PM |
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Other altcoins and app tokens will gain popularity. However, the bitcoin blockchain is the most important one and will not be replaced
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Angelia46
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The Experience Layer of the Decentralized Internet
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November 25, 2017, 01:10:34 PM |
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Obviously, this is not possible. If there is a viable alternative to bitcoin, the entire cryptocurrency market will become even more unpredictable and may return to zero at any time.
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Dakshkapoor
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November 25, 2017, 01:17:43 PM |
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I think it is not possible now that any other crypto currency can take a part of BITCOINS because it is at its peak and i think it will rise more in future. But no one can predict future may be in future any Alt coin can take its place because their demand is also rising now, but this will take atleast many year to compete BITCOINS as it is the king of digital currency.
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denzkilim
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November 25, 2017, 01:21:31 PM |
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For now it's kinda impossible that bitcoin will be replaced by other crypto currency because bitcoin is almost used worldwide even with its high fee. But still we don't know what will happen 5 years or 10 years from now.
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Cofee.BLUE
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November 25, 2017, 01:23:47 PM |
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Yes bitcoin can be replaced by another crypto if the bitcoin contains and become stabled its price. Thats why bitcoin can be replaced bynit will take a long time and bitcoin has a big gab to the other crypto. So lets be a supporter to bitcoin to maintain its price and value.
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ToTheMoon$
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Investor on the move ~ Where's the profits???
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November 26, 2017, 12:05:54 AM |
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Many other project have tried to take over bitcoin with no sucess, but same happened to the USD dolar til BTC appeared. So we don't really know what's going to happen there.
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What should I invest in? PM me with your thoughts! Thanks
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Argoo
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Buzz App - Spin wheel, farm rewards
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November 26, 2017, 06:53:05 AM |
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If bitkoyn and will not improve and eliminate its shortcomings, it is even very likely that it will be replaced by a more successful coin. In the future, even bitcoin in cash, bitcoin gold and bitcoquine diamond, which may have separated from him, may compete with him. Now it maintains its position and even decently grows by inertia, using its former popularity, but it can not continue for so long. The initial bitkoyn need urgently improve.
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andylioe78
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November 26, 2017, 07:06:12 AM |
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You do not believe that Bitcoin can be easily replaced by other cryptoes is a significant network effect that is the result of having the largest user base. Bitcoin has the first mover advantage. The advantage is not easily reversed.
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cfkvfyjd
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November 26, 2017, 07:10:39 AM |
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until it happens, but in the future everything is possible, if they do not come up with a good defense against hackers.
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