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Author Topic: Will Bitcoin be replaced by another cryptocurrency?  (Read 186364 times)
Rizwan Javed
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March 21, 2018, 07:08:16 PM
 #4341

Although Bitcoin is the first cryptocurrency, it does not mean that it will be the all-time high rated since new technology can make it possible to replace it  with another cryptocurrency . However as of now, bitcoin is the most reliable and most popular coin in the crypto world.
Kadal Ijo
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March 21, 2018, 07:10:42 PM
 #4342

Its impossible to replace bitcoin by another currency because bitcoin is oldest crypto exists. Bitcoin is much stronger and powerful. Bitcoin has more use cases.
This time we say it is impossible, but I'm sure 5 or 10 years away everything changed, what is the lack of bitcoin constantly improved and refined by new coins so it is natural that someday there will be coins that replace bitcoin.

nhattori27
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March 21, 2018, 07:11:58 PM
 #4343

At present, I don't see any other currency that can match bitcoin. The bitcoin has been the best and continue to be so in the near future. Some established altcoins have made good progress such as Neo, Ethereum, and Litecoin.
pumbum
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March 21, 2018, 07:16:07 PM
 #4344

there's every reason to believe that. there is even an example, Google was not the first search engine, amazon - was not the first online store. Bitcoin will either become unpopular and become very cheap and disappear, or it will become a means of accumulation and will not be used for transactions, as is already quietly happening now. In any case distribute its assets, you will not regret it
futuret
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March 21, 2018, 07:26:18 PM
 #4345

i think Bitcoin will stay for a very long long time, so maybe no
Undoubtedly bitcoin will stay for a very longer duration of the time but then it will have to maintain itself on the top position with the necessary up gradations, adding new features, ensuring the security of those who have less knowledge about hash system or the wallet usage and keeping the trust of the people very high because if these things aren’t maintained in the future then obviously people will go to other platforms for their good.
Naitik
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March 21, 2018, 07:48:05 PM
 #4346

It is very difficult to overcome bitcoin. It is the most popular crypto and overcoming it will not be a easy task.
The crypto  you are thinking about should be well balanced, covering all the flaws of bitcoin.
On the long go, it will be ethereum who can beat bitcoin. But it is not very sure because a dark horse may be hiding itself anywhere.
Who knows?
laravuemaster
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March 21, 2018, 08:32:03 PM
 #4347

Bitcoin is very popular nowadays in the market and most of those doing online marketing specially online buying were proposing that they may be linked to bitcoin technology adaptation. In the coming years as the technology progress went high a possibility that will happen to those online companys.

Yes its just like a chain reaction, amazon today is using a cryptocurrency payment method in order to earn bitcoins because they also believe that there is a huge chance for bitcoins to bloom in the future and they want their own company to rise as well.

Boybugwal760820
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March 22, 2018, 03:31:03 AM
 #4348

To tell you frankly I think bitcoin will be replace by any other cryptocurrency if users and investors of bitcoin will transfer to this emerging cryptocurrency and diverting all their trust and investments to this new cryptocurrency that will replace bitcoin. The most popular and most trusted cryptocurrency will always prevail until then.
AllOfArt
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March 22, 2018, 05:52:14 PM
 #4349

This is a common fear but Bitcoin is gaining a lot of popularity now and has survived for nearly 9 years.
EEKAHMOUSE
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March 22, 2018, 05:59:03 PM
 #4350

This is a common fear but Bitcoin is gaining a lot of popularity now and has survived for nearly 9 years.

BTC will always be relevant but I believe a new cryptocurrency with better faster tech will be at the forefront.
Hobbledehoy
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March 22, 2018, 10:03:56 PM
 #4351

There are thousands of cryptocurrencies right now I think if bitcoin was going to be replaced it would have been done by now. Bitcoin will always lead the crypto market because it was the first of it's kind and people believe so much in it.
Virtuxq
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March 22, 2018, 10:06:12 PM
 #4352

in principle, this is possible but not in the near future as bitcoin is still young and enters into force
Janinjo11
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March 22, 2018, 10:09:19 PM
 #4353

I believe it will. Bitcoin showed the way for other cryptocurrencies. Other developers of cryptocurrencies will learn from its mistakes and one day we'll have much more successful and better-known cryptocurrencies.
WorldBiz project
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March 22, 2018, 10:22:20 PM
 #4354

Billionaire and co-founder of PayPal Peter Thiel said that in the future there will be only one dominant crypto currency and most likely it's Bitcoin
stellaekun
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March 22, 2018, 10:26:06 PM
 #4355

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 is amazing and is the first cryptocurrency,basically defines what cryptocurrency is.However,in terms of efficiency,bitcoin is really primitive and can easy fall behind in the future when cryptocurrencies have really gone advance,unless of course bitcoin keeps up with constant improvement-BIPs.Lets face it,our earliest phone are now obsolete.same could happen and likely happens to every new technology.The price of bitcoin now is more of its sentimental value or first-mover advantage.That can be lost
m9shn9sh
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March 22, 2018, 10:30:43 PM
 #4356

Bitcoin will not be replaced. Bitcoin is the first cryptocurrency and the basis for cryptocurrency. The development of cryptocurrency requires bitcoin support, so I do not think that the new cryptocurrency can replace Bitcoin.
bayupermana
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March 22, 2018, 10:58:59 PM
 #4357

Bitcoin will not be replaced. Bitcoin is the first cryptocurrency and the basis for cryptocurrency. The development of cryptocurrency requires bitcoin support, so I do not think that the new cryptocurrency can replace Bitcoin.
I don't think so, like yahoo , Nokia, noone of us can think that one day those huge compay will be replaced by another like apple or samsung at all or even being bought by microsoft.
If you didn't do well, you will be replaced for sure.
EinaiOraCoinDev
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March 22, 2018, 11:18:00 PM
 #4358

Honestly, it does not make any sense of believing that one day will be replaced by any cryptocurrency. I also believe that maybe one day will be replaced but I it will took so many years to happen because as of now, bitcoin has take the lead that has a highest value on crypto world. But do not be so complacent because there is more crypto like altcoins. So I think, maybe one day it will happen but it will not last for many years.
jcpone
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March 22, 2018, 11:26:46 PM
 #4359

I dont think will bitcoin be replaced by another cryptocurrency because it is already cryptocurrency. No one knows what will happen. For the meantine just enjoy the bitcoin.
s31joemhar
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March 23, 2018, 06:02:53 AM
 #4360

Based on my own personal judgement there is no any circumstances that the company and management of bitcoin can be replaced or beaten by another electronic coin in cyrptocurrency.
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