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Author Topic: Will Bitcoin be replaced by another cryptocurrency?  (Read 185471 times)
TheWinnerBro
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January 01, 2018, 03:36:50 PM
 #3681

Thats impossible because bitcoin is more uses than the other cryptocurency but if the cryptocurrency have new feature, new project or profitable than bitcoin i think that the reason to replaced by another crytocurrency. But i think theres no crypto currency can greater than bitcoin cause bitcoin is profitable than other cryptocurrency.
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fishball
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January 01, 2018, 03:45:25 PM
 #3682

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 personally think that no other cryptocurrency can outcompete bitcoin since it's already established its roots. What other possible things that can happen in relation to bitcoin and other cryptos, they can become popular and globally used. I don't like a monopolized currency because it will be boring and will hard for investment.
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January 01, 2018, 03:46:04 PM
 #3683

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?

hopefully it will not be replaced by the non cryptocurrency "ripple"

Christopher_talk
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January 01, 2018, 03:54:39 PM
 #3684

We will see what happens with bitcoin cash I see the potential that this will compete with Bitcoin, but do not think it can be stronger.

Bitcoin - long Termin investment
Bitcoin cash - paying coin
boyshx
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January 01, 2018, 03:59:29 PM
 #3685

If any new currency with much advanced features, overcoming drawbacks of bitcoin came into market, then and then only bitcoin get replaced by another cryptocurrency. Bitcoin has earned a good reputation, trust and confidence of its investors. After ban from China, Indonesia, Japan bit coin price slipped down many times. But its investors continued to invest in. They never left bitcoin, as a result bitcoin has given them more than they have imagined. In short it is difficult to replace bitcoin.
Chokolo
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January 01, 2018, 04:05:52 PM
 #3686

Yes it will. Very soon I predict.
Bitcoin will come crashing in the coming months in 2018. Its dropped ever since 20k and doesnt have the momentum to go up again.

Bitcoin is a shitcoin. A glorified shitcoin.
Yes it was the original cryptocoin and have made the way for the cryptospace to grow and thrive.
But today its a dead shitcoin.
It consumes so much electricity just to have the network running. It painfully slow. The network steals your money everytime some does a transaction because the fees are so high. It have forked to several subcoins because people cant agree and is soon forking more.
Bitcoin is mined today by the wealthiest miners that can afford expensive farms or hardware that overcome the laughable high resistance on the network, the rest are nothing more than investors. Investing on a shitcoin.

Time to move on. People are dumping their Bitcoins for something else today like XRP and Ripple, and I suggest you people do the same because odds are high that Bitcoin will drop bigtime in 2018. Unless you want to go down with it.
Seyi88
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January 01, 2018, 04:11:27 PM
 #3687

I don't think so
QuestionAuthority
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January 01, 2018, 04:37:25 PM
 #3688

Every “get rich quick scheme” is always replaced by the next “get rich quick scheme”. Just give it time. Or better yet, try to be on the ground floor of the next one.

Bramanti
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January 01, 2018, 09:33:26 PM
 #3689

Yes it will. Very soon I predict.
Bitcoin will come crashing in the coming months in 2018. Its dropped ever since 20k and doesnt have the momentum to go up again.

Bitcoin is a shitcoin. A glorified shitcoin.
Yes it was the original cryptocoin and have made the way for the cryptospace to grow and thrive.
But today its a dead shitcoin.
It consumes so much electricity just to have the network running. It painfully slow. The network steals your money everytime some does a transaction because the fees are so high. It have forked to several subcoins because people cant agree and is soon forking more.
Bitcoin is mined today by the wealthiest miners that can afford expensive farms or hardware that overcome the laughable high resistance on the network, the rest are nothing more than investors. Investing on a shitcoin.

Time to move on. People are dumping their Bitcoins for something else today like XRP and Ripple, and I suggest you people do the same because odds are high that Bitcoin will drop bigtime in 2018. Unless you want to go down with it.

I partly agree but not with your conclusion.
Ripple might be better with transactions, but what about privacy and decentralisation? Shouldn't we look for a good replacement?
Bonsaiav
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January 01, 2018, 10:01:25 PM
 #3690

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?

This makes perfect sense and only XRP can replace it. Because XRP is one of the coins manipulated by banksters (not a mining coin).

Bramanti
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January 01, 2018, 10:21:16 PM
 #3691

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?

This makes perfect sense and only XRP can replace it. Because XRP is one of the coins manipulated by banksters (not a mining coin).

this depends on us.
I don't want XRP to take over. If nobody except bankers invest in ripple it will not take over.
janah
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January 01, 2018, 10:26:23 PM
 #3692

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 it is no because bitcoin is the base of all crypto currency it is the father of all crypto so they cant replaced it in no.1 but it has also possiblities that they can replace it i think ethereum is the next bitcoin that will grow or be competence of bitcoin but somehow still if other currency is increasing well bitcoin also will increase.
Bramanti
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January 02, 2018, 12:08:59 AM
 #3693

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 it is no because bitcoin is the base of all crypto currency it is the father of all crypto so they cant replaced it in no.1 but it has also possiblities that they can replace it i think ethereum is the next bitcoin that will grow or be competence of bitcoin but somehow still if other currency is increasing well bitcoin also will increase.

Jiaozi was the first fiat money around the 11th century. There was only a limited amount.
Who uses Jiaozis today?
TomUyamot
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January 02, 2018, 12:27:22 AM
 #3694

The truth is that we cannot tell. There are so many people here who are saying yes. But on the other hand there is an equally big number of people who are also saying that it is not possible to happen. For me, Bitcoin cannot easily be replaced by other cryptocurrency, although of course it is very much possible in the far future. Yes, there are so many cryptocurrencies for now, and there are still many coming, but most of these cryptocurrencies are either not as big as Bitcoin or are very specialized in their uses.
Liquid01
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January 02, 2018, 12:33:35 AM
 #3695

chances are yes bitcoin is replaced by another crypto if high bitcoin prices and taxes continue, people will move on to crypto others whose transactions are low and the results are large

codpku
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January 02, 2018, 12:36:28 AM
 #3696

Lookin by how up and down the bitcoin price and how the other coin grow maybe yes
Bitcoin will replace by another cryptocurrency we can look an ethereum price or another coin that grow and the price was stable
ms.moon
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January 02, 2018, 07:47:49 AM
 #3697

Ethereum, maybe...
I saw Ethereum price is increasing faster than other, stand behind Bitcoin only.
sayulita
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January 02, 2018, 04:01:56 PM
 #3698

Yes it will. Very soon I predict.
Bitcoin will come crashing in the coming months in 2018. Its dropped ever since 20k and doesnt have the momentum to go up again.

Bitcoin is a shitcoin. A glorified shitcoin.
Yes it was the original cryptocoin and have made the way for the cryptospace to grow and thrive.
But today its a dead shitcoin.
It consumes so much electricity just to have the network running. It painfully slow. The network steals your money everytime some does a transaction because the fees are so high. It have forked to several subcoins because people cant agree and is soon forking more.
Bitcoin is mined today by the wealthiest miners that can afford expensive farms or hardware that overcome the laughable high resistance on the network, the rest are nothing more than investors. Investing on a shitcoin.

Time to move on. People are dumping their Bitcoins for something else today like XRP and Ripple, and I suggest you people do the same because odds are high that Bitcoin will drop bigtime in 2018. Unless you want to go down with it.

I partly agree but not with your conclusion.
Ripple might be better with transactions, but what about privacy and decentralisation? Shouldn't we look for a good replacement?
I don't think so that Bitcoin can be replaced by any other cryptocurrency because Bitcoin today is the leading cryptocurrency and all the other cryptocurrencies altcoins are regulated with respect to Bitcoin.There are many investors of Bitcoin who daily invest in it.More and more users are joining Bitcoin as a profit margin is very large and they receive their profits in the short period of time.It has established itself in the market and is known by many people.Whenever there is topic of cryptocurrency.the only name that comes to mind is bitcoin only.

markleal
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January 03, 2018, 05:42:02 AM
 #3699

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?

Hi there Moneroman88! I know this tread is pretty old but I just want to tell what going into my mind every time I read a topic like this. I think bitcoin couldn’t be replace because for several things; First, bitcoin is still the leader in terms of market capitalization; Second, bitcoin is still the crypto with the highest price value; and Third, major crypto exchange trade volumes still account for bitcoins. Thus, even people who just want to earn money still prefer bitcoin. And lastly, there are more company that is starting to accept bitcoin as a payment as oppose to other altcoins.  Wink
thelastone
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January 03, 2018, 05:48:29 AM
 #3700

for now, I think bitcoin is very difficult to be replaced by any cryptocurrency .. because bitcoin has become global, and the price is very tempting. bitcoin has become strong because many people are investing in large scale.
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