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Author Topic: Will Bitcoin be replaced by another cryptocurrency?  (Read 185471 times)
Wasaisisi
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April 12, 2018, 12:17:25 PM
 #4581

Bitcoin won't get replaced by another Currency anytime soon because there's a bunch of people that like Bitcoin because it's the new method to pay for something online and offline.
Bitcoin would only get replaced if the new Currency gets more famous than Bitcoin and the Government allows the new Currency to get circulated as an official Currency system.
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babarian
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April 12, 2018, 12:33:30 PM
 #4582

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?
all possibilities, including bitcoin, may be replaced by other crypto currencies.
Other crypto currencies such as ethereum, litecoin, NEO have the same opportunity to replace bitcoin positions
vergel24official
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April 12, 2018, 12:33:35 PM
 #4583

I don't believe we need to worry too much but altcoins to me are very important to the ecosystem and the more experiment the better it is something really important  happened this year people fled bitcoin into a etherium and thats was awesome because all of previous time they fled bitcoin they left the cryptocurrency economy and this times they simply switched lanes they didn't abandoned cryptocurrency they left bitcoin and went into a theorem to see what's the other side doing look at what's going on over they their not fight yet.
What I'm pointing is having another cryptocurrency is not bad because like bitcoin it might boom in comming future and you have the chance to get involved on its small price, and wait till its value will get high.
bitcoinjasensatom
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April 12, 2018, 12:45:41 PM
 #4584

Nothing is impossible, but it is a very hard job to replace bitcoin by any other crypto currency because bitcoin is pioneer in the crypto world. Bitcoin showed the world what crypto currency is.

So it will not be an easy task to replace the pioneer. But you never know.
[/quote

I do agree with your opinion, Bitcoin will always remain one of the most valuable cryptocurrencies and it can't be replaced. For 9 years of existence Bitcoin is still number one crypto.
fotosonics
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April 12, 2018, 08:53:23 PM
 #4585

There is no certain in this world everyone could be replace by another. BTC  is possible to be replaced by other cryptocurrency. The only thing that a btc could be still the king of coin/token because people patronize this thing but after people could fine a better one btc will  be lagging.
Core.BUSTER
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April 12, 2018, 09:01:00 PM
 #4586

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?

We are not sure what will happen but I guess bitcoin is really hard to defeat. It already harbored to ordinary people's mind. Bitcoin is too popular so defeating it a challenger cryptocurrency would be a shot in the dark. But I also want to say that they don't have to compete with each other. Bitcoin and all other coins have their own strategies to acquire customers so just let the people decide to which they prefer, even both if decided.
Bacotan Bae
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April 12, 2018, 09:03:44 PM
 #4587

Bitcoins will never be replaced by another token or coin what you all want to call it and that is only because allot of people are now into the bitcoin as you all know so they dont need a new one.
Nothing is impossible, I'm sure that at this time a lot dev. who is making a big project so I'm sure that someday there will be coins that replace bitcoin, maybe this does not happen instantly and takes time.


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Konthol Ngaceng
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April 12, 2018, 09:27:15 PM
 #4588

With a marketcap of more than 45% it will be difficult for any coin to replace bitcoin, and I'm sure that the future of bitcoin will continue to improve and it's hard to replace it with another coin for at least 10 years from now.
ikiscream
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April 12, 2018, 09:38:32 PM
 #4589

We do not know what will happen in the future more other crypto currency competing bitcoin above but we can help bitcoin to keep number one by using it more to increase demand.
Dotakels
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April 12, 2018, 10:55:02 PM
 #4590

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
Archduin
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April 12, 2018, 11:02:38 PM
 #4591

The bitcoin will never be replaces by an other crypto currencie becuase i know that cant be for real there are other crypto currencies but they ar enever such bigh as the bitcoin is right now.
melekseverce
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April 12, 2018, 11:03:37 PM
 #4592

bitcoin is popular but its possible that any other cryptocurrency replaces bitcoin it can be by yhe price or by other factors. no matter what it is but we know bitcoin is going ro gather a lot more popularity when all the 21bitcoins will be mined
Jossy111
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April 12, 2018, 11:16:51 PM
 #4593

Even though Some people are already eyeing Eth to gain more popularity and likely grow higher than bitcoin as many investors are now redirecting their investment on Eth. but this does not look possible cos till date bitcoin still maintain its relevancy as the king of all cryptos, though nothing is impossible but the possibilities of replacing bitcoin by another cryptocurrency is very slim.
xhoondilan
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April 12, 2018, 11:26:57 PM
 #4594

I don't think it will going to be replaced by new cryptocurrency because bitcoin is the root of cryptocurrency and it's the first crypto that's been discovered so it's not easy to replace. But if we user are going to stop using bitcoin or slowing down and fully use the new crypto then it might be a chance but its not that possibility to be happen.
thet
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April 12, 2018, 11:34:09 PM
 #4595

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?

For now,  i guess that is very unrealistic,  bitcoin is getting better and the price is very high compare to the other altcoins. Bitcoin remains number one in crypto currency.

bitcoinbot
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April 12, 2018, 11:35:58 PM
 #4596

Yes, we cannot assure that bitcoin will always be on top. That is the flow of nature, nothing is permanent in this world except for change. For my opinion, it might happen but as to look where bitcoin is right now, it will take more time before it happen. Still in the long run, bitcoin will be the king of all crypto-currencies. It will go stronger, the value will get higher.
rickyNmorty
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April 13, 2018, 07:12:35 AM
 #4597

If another cryptocurrency gets crowdfunded enough to be able to compete with the big 3 (Bitcoin, Ethereum, Ripple), then it has a good chance of overthrowing bitcoin at it's throne. Considering that the said bitcoin would get crowdfunded the same manner as bitcoin is, then it is possible. But as of now no altcoin has been able to equal bitcoin in terms of value and popularity in the market.
firemagus
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April 13, 2018, 07:20:42 AM
 #4598

Anything is possible in the cryptocurrency space. But I feel it is unlikely that another crypto will take over BTC as it already has a firm footing. Billions of dollars are invested in bitcoins and the big boys will simply not let their investments turn to dust.
yhnshjka
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April 13, 2018, 07:37:38 AM
 #4599

I don't think that Bitcoin could be replaced by another cryptocurrency. Bitcoin would have been the first because it was the consensus of all bitcoin-known people in the world that Bitcoin has no consensus that no one coin will surpass Bitcoin because they don't have anything like Bitcoin-like consensus
12tribes
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April 13, 2018, 07:44:28 AM
 #4600

Cryptocurrency is a virtual currency subject to price variation either going up or down. While anything is possible, it is going to be quite difficult for another coin to replace the bitcoin. For now that looks unlikely.

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