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Author Topic: Will Bitcoin be replaced by another cryptocurrency?  (Read 186364 times)
Thadeous
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December 04, 2017, 11:58:58 AM
 #3321

Pretty many cryptocurrencies offer a better technology that could be a threat to bitcoin ecosystem. But I believe many people have already had faith in Bitcoin since Bitcoin is the one who started the revolution of the economy. Also, Bitcoin and its community are ideologically committed to maintaining the Bitcoin.

What about Bitcoin forks? Can we consider them as a part of Bitcoin ecosystem?
Blackwhite69
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December 04, 2017, 12:38:29 PM
 #3322

I can't be sure Bitcoin can be replaced by another coin but in my opinion it will happen. Wink

If it happens in the future, then Bitcoin can blame itself. If Bitcoin is without any major flaws, then few users would prefer using another coin. Alts such as BCH are on the rise, because Bitcoin transactions have become too expensive now. It is like Bitcoin killing itself.

Well, it's greatness will also it's way to it's death. This transaction fees are also the thing a lot of people complain in the past and I think when time comes, not only the price will be pumping, also the users. When there are a lot of users, a lot of transactions will be starting to congest the network and may cause another problem.

Also, I do not understand bitcoin being replaced by another crpyto currency because even bitcoin is dead, it will always be bitcoin.

This is a fairness because in the presence of the advantages there will be deficiencies in Bitcoin. Wink
missyqt29
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December 04, 2017, 12:44:08 PM
 #3323

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 now is the most powerful cryptocurrency available. So it sounds quite impossible that another cryptocurrency will rise and replace bitcoin in the market. Bitcoin already made a legacy as its price can peak and offer a higher profit. Also, bitcoin is in demand nowadays that it is the focus of many business articles.
Ian Dave
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December 04, 2017, 12:48:37 PM
 #3324

I think Bitcoin can't be replace by another cryptocurrency because it is the biggest digital money and has a high value that is getting higher everyday. Bitcoin is not known but some investors are want to enter here to earn more money for there company. No doubt soon bitcoin will be famous and most fantastic money.
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December 04, 2017, 01:59:04 PM
 #3325

It seems to me that Ethereum or Stratis can really replace Bitcoin in near future
That information is inside, you can thank me))
rfj
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December 04, 2017, 02:27:11 PM
 #3326

Yes it could happen in the future but I don't think it will happen soon. As of today, Bitcoin is the most powerful cryptocurrency in the market. I admit, there are few alternative coins which offers better system than bitcoin, but looking at the market and supporters of bitcoin, it will be hard for any cryptocurrencies to replace the bitcoin.

jennywhzz
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December 04, 2017, 05:44:31 PM
 #3327

It can happen only if people stop using the bitcoin and start using other crypto currency. The demand will be decrease and supply would high. Which can cause the  bitcoin could be down. But i think its impossible since everyone like it. Bitcoin is the mother of all crypto currency. Even those people who are involve with other Crypto currency move to bitcoin because it gives much benefits as compare to other coins.
DarkIT
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December 04, 2017, 05:47:38 PM
 #3328

there is no altcoin that can be equivalent to bitcoin. even, bitcoin cash though. well, it can be said that very many altcoins are trying to replace bitcoin. but, to date, bellum has coins that have that potential.

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Kousei23
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December 04, 2017, 06:14:25 PM
 #3329

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?

Nope. I don't think so because we all know that bitcoin isn't that so unpopular basically bitcoin is very popular to many people nowadays. And we all know that bitcoin users are now rapidly increasing in terms of tissues badly and I believe that jn the future bitcoin users will likely to grow more big and big and their is no other cryptocurrency that will replace it.


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daarul50
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December 04, 2017, 07:54:28 PM
 #3330

Can not be denied that bitcoin is the most popular crypto today because bitcoin price is more expensive than other coins. This is what makes bitcoin will not be replaced with another coin. But, if there is a new coin whose price can be a counter to bitcoin then it is not impossible the existence of bitcoin will dim.
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December 04, 2017, 07:57:25 PM
 #3331

Bitcoin will soon leave us)) It is an obsolete coin.  BTC valuable because first. He gave us the blockchain and all. Now there are many promising and interesting projects, one of them will be the "bitcoin killer".

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December 04, 2017, 07:59:58 PM
 #3332

Bitcoin will soon leave us)) It is an obsolete coin.  BTC valuable because first. He gave us the blockchain and all. Now there are many promising and interesting projects, one of them will be the "bitcoin killer".
Nonsense! For people bitcoin will always be the main sign of the cryptocurrency. He will become like gold among copper, bronys and silver. Have BTC has its flaws, but no coin will not be able to replace him in this century.
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December 04, 2017, 08:34:28 PM
 #3333

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 believe it is possible to happen, and the best candidate for that will be ethereum based on my opinion. But if by any chance ethereum would be able to replace bitcoin then it would need to increase in value more than bitcoin which is mostlikely to happen not in anytime soon.

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December 04, 2017, 08:56:09 PM
 #3334

I dont think so that will be happening in short time of period.may be itis possible if there will a revolution on cryto world but that will not happen in the near future though, considering how much Bitcoin is dominating the competition.Infact Bitcoin itself won't be taken over/replaced by a different cryptocurrency unless there is some major shift with the cryptosphere or a lot of the fiat financial systems start to move into cryptos and everyone pushes for a new one.
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December 04, 2017, 09:19:10 PM
 #3335

 btc is an open source and everyone can contribute, I don't think there will be anything that will surpass the btc.
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December 04, 2017, 09:27:29 PM
 #3336

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 can safely say that yes it will be replaced, but not for a long time. BTC is still the most popular cryptocurrency and no others are on par with it, and wont be for a matter of atleast 3-5 years.
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December 04, 2017, 09:45:59 PM
 #3337

Pretty many cryptocurrencies offer a better technology that could be a threat to bitcoin ecosystem. But I believe many people have already had faith in Bitcoin since Bitcoin is the one who started the revolution of the economy. Also, Bitcoin and its community are ideologically committed to maintaining the Bitcoin.

What about Bitcoin forks? Can we consider them as a part of Bitcoin ecosystem?
Thadeous, every bitcoin fork coin (bitcoin gold, bitcoin cash and B2x) are part of the crypto currency ecosystem but bitcoiners believe they are all altcoin just like the Ether,Ripple,Zcash etc.
Vv181, The so call altcoin creator modify or edit the bitcoin protocol in other to create their own technology.

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December 04, 2017, 09:47:27 PM
 #3338


the chances are very small. bitcoin gets great power because bitcoin is a pioneer of the appearance of all types of altcoin. let alone now bitcoin won the latest price recor. if one matches the bitcoin price, there is bound to be a tough competition to determine the king of cryptocurrency.

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December 05, 2017, 05:53:58 PM
 #3339

No, in fact bitcoin is the well known or popular company in field of crytocurrency.
They become always on the top in terms of its performance executed in the public; because of this they become unstoppable and indestructible in field of electronic banking.
yourialfa
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December 05, 2017, 05:59:41 PM
 #3340

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 bitcoin will not be replaced with other crypto coins. If that happens there may be problems that occur in the crypto world and will all start from scratch again. Because bitcoin is the mother of all crypto coins.
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