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Author Topic: Will Bitcoin be replaced by another cryptocurrency?  (Read 186362 times)
drukoz2
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March 31, 2018, 07:51:42 PM
 #4421

I have very little faith in this, because bitcoin is currently the strongest cryptocurrency and there is no such coin that would be able to bypass it. But as will be actually, will show time.
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carbonpenguin
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March 31, 2018, 08:26:14 PM
 #4422

It can be replaced by a word but there are so many altcoins attempting to surpass bitcoins can't happen and the first of this is they need to stand alone and not to depend on bitcoins because when bitcoins are dump alamost all are also. Sor a coin that is aiming to pass bitcoins will never replace this time.
tylerderden
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April 01, 2018, 05:43:05 AM
 #4423

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?

No, it won't be Monero... Grin

Since nothing lasts forever it is of course possible that Bitcoin will be replaced some day. The question is it likely to be replaced by another cryptocurrency or will it be replaced by an entirely new concept? I think if a new system replaces Bitcoin it must have highly significant advantages over Bitcoin that come close to the paradigm shift that Bitcoin represents compared to the existing fiat money system.

The reason why I don't believe that Bitcoin is replaced easily by another cryptocurrency is its significant network effect that is the result of having the biggest user base. Bitcoin had a first mover advantage. That advantage can not be easily reversed.

ya.ya.yo!
from my views and experience in bitcoin of two years there are no chance to replace the bitcoin by another cryptocurrency because now a days the demand of bitcoin in all over world is very popular so if any other cryptocurrency take the position of bitcoin it take so much of time like that minimum twenty years to replace the position of bitcoin . Bitcoin is the number one cryptocurrency in all over cryptocurrency thats it take so much of time.
andylioe78
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April 01, 2018, 09:00:51 AM
 #4424

they will only speculate.However, this has been discussed repeatedly. In order for cryptocurrency spaces to develop, it would be most appropriate if there were many coins at the top and not just one. No one could say that one of them would have happened.
skibikipapa69
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April 01, 2018, 09:11:29 AM
 #4425

It can be possible, just like old civilizations replaced by new ones. Old technology will be eventually replaced by new and much advanced one. As much as I love bitcoin, sooner or later something new will take over its place but the legacy bitcoin has established will remain.
rasp
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April 01, 2018, 09:29:41 PM
 #4426

I would never change Bitcoin's with another cryptocurrency. I think it is not possible for now. There is a possibility that it will be in the future. It will be. If the bitcoin is replaced, it means that the crypto money has got better technology than that.
martakaszkacha
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April 01, 2018, 09:33:14 PM
 #4427

as long as there is demand and people are buying bitcoin, Bitcoin will last forever. but i'm afraid there are coins better than btc actually. just my opinion.
reshmiraa
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April 01, 2018, 09:33:21 PM
 #4428

Anything can be possible in the crypto world. But one thing must remind bitcoin is the mother all altcoins.
al.nechiporuk
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April 01, 2018, 09:45:59 PM
 #4429

In the next few no I think nothing will change. After 5 years, there may be more progressive currencies.
Zabrielle
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April 01, 2018, 10:09:57 PM
 #4430

There is always a new one coming out. You know not all the time we rise forever so wethier we like it or not something will come better. Bit for sure bitcoin has its significant history that peoplecsny forget.
anti76
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April 01, 2018, 11:04:41 PM
 #4431

I would never change Bitcoin's with another cryptocurrency. I think it is not possible for now. There is a possibility that it will be in the future. It will be. If the bitcoin is replaced, it means that the crypto money has got better technology than that.
seattlenonsmoker
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April 01, 2018, 11:16:29 PM
 #4432

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, stores, and online selling will be introduced.
webosftw
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April 01, 2018, 11:20:45 PM
 #4433

Bitcoin will always exist in some form and will probably be the most dominate cryptocurrency for a long time, atleast in our lifetime. I can see it lose % dominance compared to ALL cryptocurrency but it should be the number one digital asset in the world I believe.
jamesclark
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April 02, 2018, 08:04:08 AM
 #4434

I would say that there is more sense in statistics than in that. Nevertheless, this topic is constantly exaggerated. I would like to have any alternatives to the criptocurrency and bitcoin. Nobody will not know when and what will happen.
Epimetheus
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April 02, 2018, 05:58:06 PM
Last edit: April 02, 2018, 06:39:53 PM by Epimetheus
 #4435

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?

No, it won't be Monero... Grin

Since nothing lasts forever it is of course possible that Bitcoin will be replaced some day. The question is it likely to be replaced by another cryptocurrency or will it be replaced by an entirely new concept? I think if a new system replaces Bitcoin it must have highly significant advantages over Bitcoin that come close to the paradigm shift that Bitcoin represents compared to the existing fiat money system.

The reason why I don't believe that Bitcoin is replaced easily by another cryptocurrency is its significant network effect that is the result of having the biggest user base. Bitcoin had a first mover advantage. That advantage can not be easily reversed.

ya.ya.yo!
from my views and experience in bitcoin of two years there are no chance to replace the bitcoin by another cryptocurrency because now a days the demand of bitcoin in all over world is very popular so if any other cryptocurrency take the position of bitcoin it take so much of time like that minimum twenty years to replace the position of bitcoin . Bitcoin is the number one cryptocurrency in all over cryptocurrency thats it take so much of time.
No bitcoin cannot get replaced by any other cryptocurrency.Bitcoin has the largest number of users than any other cryptocurrency or altcoin.Bitcoin has established itself from the last nine years and is the most popular cryptocurrency.It is also on the top of the list of cryptocurrencies.Moreover the prices of cryptocurrencies are regulated with respect to bitcoin only.The demand of bitcoin is also very high in the market.It is also the best option for investment today.
mininglegend1234
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April 02, 2018, 05:59:19 PM
 #4436

I don’t think that bitcoin will be replaced by any other cryptocurrencies like etherium in the near coming future because since bitcoin has started it has gained immense amount of popularity and reputation among the people around the globe.

Yeah I don't think that it will replace bitcoin, we have seen Ethereum before claiming to be the best thing and that it had a bright future yet they got hacked and a major flaw in its security protocol were breaked. Now it is fixed but this tells us that Bitcoin hardly can be replaced by any other crypto currency. And even if that happens we switch to the new one but this for me is not going to happen.
Coinnosaurus
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April 02, 2018, 08:29:35 PM
 #4437

I don't believe that Bitcoin is replaced easily by another cryptocurrency. The reason is its significant network effect that is the result of having the biggest user base. Bitcoin had a first mover advantage
utiltox
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April 02, 2018, 08:41:08 PM
 #4438

maybe one day something will replace bitcoin. while I do not see that something could replace bitcoin
feverpitch
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April 03, 2018, 09:04:52 AM
 #4439

It will happen sooner or later, but I doubt that this will happen so quickly. However I do not think that bitcoin will be completely useless.
george888055
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April 03, 2018, 10:04:31 AM
 #4440

If any currency becomes widely adopted in the future, I think bitcoin will still have a market share. Even if it is for the sentimental reason as the first ever cyptocurrency, or the genesis of blockchain technology.
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