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Author Topic: Will Bitcoin be replaced by another cryptocurrency?  (Read 185471 times)
klim75
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March 20, 2018, 05:58:00 AM
 #4261

I don't think so, speaking near future. But what can happen in 10 - 20 years nobody can predict. The world is changing. Now bitcoin is the number one in the crypto world. But if another currency become more popular someday, bitcoin will be used everywhere.
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cryptonad
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March 20, 2018, 06:01:21 AM
 #4262

If you asked for possibilities ofcourse it is possible but if you asked when? This nobody knows.
Tanu10
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March 20, 2018, 06:20:50 AM
 #4263

I am certain of it and therr will br no other currency if bitcoin wont invented.
congtuan001122asd
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March 20, 2018, 06:25:02 AM
 #4264

I agree with your opinion. I think in the future there will be another type of crypto replace bitcoin. Currently there are many types of crypto, bitcoin’s market is being shared.

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xieqieshangu9
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March 20, 2018, 06:42:41 AM
 #4265

BTC will be excavated in the future, so what should BTC miners do!

There will be an alternative day for everything, and BTC may encounter this problem!

I think there might be a new encrypted digital currency to replace BTC!
AmericanBit
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March 20, 2018, 06:46:54 AM
 #4266

It will not happen in the nearest future.
goldcoinminer
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March 20, 2018, 07:10:28 AM
 #4267

It will not happen in the nearest future.
We cannot really be so sure with that, bitcoin might be the first and the most popular now
but when people sees better opportunity like a a better technology they can easily dump their bitcoins and buy another cryptocurrency.
Paopao
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March 20, 2018, 08:48:56 AM
 #4268

I do not think other cryptocurrencies can replace bitcoin in the head years even bitcoin alone is gaining global recognition gradually how much more crypto has just happened to replace bitcoin absolutely, is not possible, there are some third world countries that have little or no information about bitcoin.
cryptofeel
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March 20, 2018, 08:53:47 AM
 #4269

It is very unlikely that any currency may replace btc even in the nearest future. Though the btc price may have gone down a bit, the price of the closest currency is still miles away from btc...... its gonna take a real while.
falapella
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March 20, 2018, 08:55:25 AM
 #4270

I'm not thinking that this is gonna can be happen, just because bitcoin has been the first cryptocurrencie in the market, and all the others were created after bitcoin. It is like saying that P-cola is gonna be better than Coca Cola, that is insane and will never happen, and everyone can confirm that. Maybe ethereum could be the first competitor to bitcoin, but it wont be more than the number *2
marjil
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March 20, 2018, 08:59:59 AM
 #4271

We have seen many other cryptos come and go, especially with all the new ICOs coming towards the market, but what we have seen is that they either fail and go bust or they carry on but they do not reach the size of bitcoin. It seems to me that everything relates back to bitcoin in some way so it is very unlikely it can be replaced.

sashulya7979
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March 20, 2018, 09:06:27 AM
 #4272

I do not think that bitcoin will be a substitute for another crypto currency, because our national money has not been replaced for anything for a long time, and this will also be strange
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March 20, 2018, 09:09:52 AM
 #4273

There are always a possibility according to that case, someday bitcoin will meets it saturation point and peoples tend to invest more in cryptocurrency. But I believe that it will needs a long time to happen.
Manyara
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March 20, 2018, 09:22:08 AM
 #4274

If that will happen, then it will take a long time. Many people without much knowledge of cryptos only know of BTC. Bitcoin is the pioneer. It will take a lot for another crypto to take its place.
But anything is possible.

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EmJay
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March 20, 2018, 10:22:07 AM
 #4275

If that will happen, then it will take a long time. Many people without much knowledge of cryptos only know of BTC. Bitcoin is the pioneer. It will take a lot for another crypto to take its place.
But anything is possible.

Yes it is true. As of now It is impossible to happen that the number 1 cyrprocurrency will be replaced by another. If it qill happen then yeah I agree with you. It takes a long long time. As bitcoin is only the cryprocurrency that is well known to people especially to those who are new.

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March 20, 2018, 12:39:13 PM
 #4276

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?
Do you see any fiat currency in the stock market replacing USD anytime in the future? I say no to that, and that is the same to bitcoin in the cryptocurrency market. Everybody trusted bitcoin more than any coin the market that is why bitcoin will remain the king of the cryptocurrency.

puruntung213
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March 20, 2018, 12:46:09 PM
 #4277

We didn't know that but it can be happen who can say.but may be its takes time before that happen because the bitcoin price is to big difference to the next altcoin
jaymor11
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March 20, 2018, 12:59:51 PM
 #4278

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. Microsoft’s US based financial team is now working with Ethereum to offer blockchain as a service to various business firms and financial institutions.
Ngewex Yuk
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March 20, 2018, 01:06:23 PM
 #4279

If bitcoin prices continue to rise (percentage), for example when the price of $ 12k marketcap bitcoin is only about 33% but when the $ 8200 marketcap price reaches 44% and with this fact it seems to be difficult for any coin to replace bitcoin.

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newBIeT
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March 20, 2018, 01:36:02 PM
 #4280

Realistically talking, btc as of now is being at the top list among other cryptocurrencies but still it has ups and downs. It may be possible that other digital currency replace btc or it is also possible that other cryptocurrency sits beside the top list with btc.

Being the basis of other cryptocurrencies it'll be very difficult for them to dethrone BTC to where it is now and what it already achieved. Still no one can tell what will happen in the future.
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