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Author Topic: Will Bitcoin be replaced by another cryptocurrency?  (Read 186361 times)
albertorma
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November 10, 2016, 06:33:00 AM
 #841

I think In the future cryptocurrencies will be more valuable... There are a lot of possibilities with them, like privacity, security, instant transactions... People just have to notice that.

We can't know if bitcoin will be replaced in the future, but I'm pretty sure, It will be still very important, since it was the first cryptocurrency ever.

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November 10, 2016, 06:34:38 AM
 #842

There are many better alternatives that offer way more stuff than bitcoin. For example Ethereum, it offers smart contracts and that was something that wasn't achievable with bitcoin before. But really, it's not all about the technology. Why hasn't Ethereum overtaken bitcoin yet? Because bitcoin has the reputation. Bitcoin is already way more widespread than other altcoins, even though that the technology may be inferior. Also, there were no crowdsales. No premines. Although the early miners got most of the cheap coins, there was at least an opportunity for the average Joe to mine as well. Whether he took that offer or not, it was really up to him to decide.
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November 10, 2016, 08:59:29 AM
 #843

There is no other coins to replaced bitcoin on the top bitcoin has a good progress since start and the adoption of more people are continuous it also help the great value of bitcoin to lure more people to invest and no other coin like good services of bitcoin.
Let's hope for that so we will continue to grow with our investment. In crypto world, everything is full of surprise or unpredictable so we need to be very careful with our judgement. Invest only what you can afford to lose and do not just put your investment in one basket.

I'm pretty sure that there are no other crypto currencies will ever replace bitcoin. Why? Because if you will google everything, bitcoin is the most popular in the world of crypto's and the people who have bitcoins are kinda scare to migrate with another crypto's since they already invested with big amount into this crypto coin.

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November 10, 2016, 09:51:53 AM
 #844

There is no other coins to replaced bitcoin on the top bitcoin has a good progress since start and the adoption of more people are continuous it also help the great value of bitcoin to lure more people to invest and no other coin like good services of bitcoin.
Let's hope for that so we will continue to grow with our investment. In crypto world, everything is full of surprise or unpredictable so we need to be very careful with our judgement. Invest only what you can afford to lose and do not just put your investment in one basket.

I'm pretty sure that there are no other crypto currencies will ever replace bitcoin. Why? Because if you will google everything, bitcoin is the most popular in the world of crypto's and the people who have bitcoins are kinda scare to migrate with another crypto's since they already invested with big amount into this crypto coin.
For now yes, but we never know 10 or 100 years again. If the bitcoin still benefit necessarily appropriate measures if us investment. The best way is we must wise and still use of real assets in our life, bitcoin only as investment options but not the only one.

The chances of another coins to lead is very open, I think etherium.
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November 10, 2016, 10:00:58 AM
 #845

There is no other coins to replaced bitcoin on the top bitcoin has a good progress since start and the adoption of more people are continuous it also help the great value of bitcoin to lure more people to invest and no other coin like good services of bitcoin.
For right now i agree with you, but there are some altcoins that being seriously building their altcoins are like ETH, ripple, ZCash and other and they have same chance for replace bitcoin although will be hard for them.
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November 10, 2016, 10:20:32 AM
 #846

I don't think bitcoin will be replaced by these altcoins. Altcoins are just copies of bitcoin and bitcoin will always be the original one. No matter how you put it, people would still prefer having bitcoins because it's the main crypto-currency. Unlike altcoins, bitcoin also has no devs that can just run away with your money.

Most ICOs nowadays are just there to scam people. Once the coin has been released, they will say that they are facing difficulties and just leave the project. You can't blame them, though. Even though there's good visions and objectives written in their thread, their main goal is actually to make money easily and quickly.

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November 10, 2016, 11:10:32 AM
 #847

Most ICOs nowadays are just there to scam people. Once the coin has been released, they will say that they are facing difficulties and just leave the project. You can't blame them, though. Even though there's good visions and objectives written in their thread, their main goal is actually to make money easily and quickly.

You can actually blame them. They are scammers. They invest like 5-10BTC into a fancy site, well thought out vision, nice thread, well written white paper, etc. They have some features behind the hand that they will release slowly to keep people happy so they are not getting a bad feeling. But the main thing is that they sell you fake promises. And that is a fraudulent activity.

But they are not the only party to be blamed. The empty headed people that actually invest money into a certain ICO, are either dumb people really believing into the motives of the project, or they are people just looking for a gamble where they have 50% chance of making great profits, or losing a lot money. Either way, they are putting money into an obvious scam. That's something that makes them lose any compassion IMO.
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November 10, 2016, 11:31:57 AM
 #848

There is no other coins to replaced bitcoin on the top bitcoin has a good progress since start and the adoption of more people are continuous it also help the great value of bitcoin to lure more people to invest and no other coin like good services of bitcoin.
For right now i agree with you, but there are some altcoins that being seriously building their altcoins are like ETH, ripple, ZCash and other and they have same chance for replace bitcoin although will be hard for them.
too naive someone call bitcoin could replaced by another cryptocurrency , i personally almost not believe something like that could happened in the future. i know everything could possible happened but bitcoin are too big to be replaced no matter how high potential another altcoins.

yeap, and also bitcoin is an open source, so everyone can contribute to making it better, and I honestly don't think that it will ever be replaced. Most of the people who have just heard of bitcoin dont even know that alt-coins exists and when someone finds out about alt-coin and sees that it costs around few $ unlike btc that 700$, he'll turn away from alt-coin just because of the price.

Need some spare btc for a new PC that can at least run Adobe Dreamweaver.

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November 10, 2016, 12:10:33 PM
 #849

There is no other coins to replaced bitcoin on the top bitcoin has a good progress since start and the adoption of more people are continuous it also help the great value of bitcoin to lure more people to invest and no other coin like good services of bitcoin.
For right now i agree with you, but there are some altcoins that being seriously building their altcoins are like ETH, ripple, ZCash and other and they have same chance for replace bitcoin although will be hard for them.
too naive someone call bitcoin could replaced by another cryptocurrency , i personally almost not believe something like that could happened in the future. i know everything could possible happened but bitcoin are too big to be replaced no matter how high potential another altcoins.

yeap, and also bitcoin is an open source, so everyone can contribute to making it better, and I honestly don't think that it will ever be replaced. Most of the people who have just heard of bitcoin dont even know that alt-coins exists and when someone finds out about alt-coin and sees that it costs around few $ unlike btc that 700$, he'll turn away from alt-coin just because of the price.
What we like to  happen with bitcoin is to see that it will continue to progress, we have so much trust with bitcoin as we put our money with it betting the future of bitcoin will give us some decent profit, it will not be replace I hope because people trusted it.
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November 10, 2016, 12:33:48 PM
 #850

I think this is will not happen becasue i know for sure thast the bitcoimn cannot be replaced by an other crypto currency just becuase i know that many dev work hard on it and the bitcoin is becoming strongerr and stronger!
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November 10, 2016, 12:40:01 PM
 #851

the thing that you should keep in mind before answering this question is that "why would you want to even replace bitcoin with another cryptocurrency?"

it is a simple question but answering the simple "why" will answer lots of your questions regarding this!
it is always a compromise but you should take a good feature and add extra security for example to get another thing.

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November 10, 2016, 01:02:22 PM
 #852

Soo some of you does believe bitcoin is what some altcoin, where whales does play with pump and dump? Bitcoin its a currencie very powerful and all the altcoins are traded against it.

Bitcoin can be replaced by another cryptocurrency in future. As we know nothing is permanent, any altcoin can come up with more features and beat bitcoin on the front of market capital and technological advancement but this is mere a possibility and I don’t think anything like this is going to happen in near future at least in next 5 years even if 5 years is long enough period to build a crypto empire.
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November 10, 2016, 02:22:00 PM
 #853

There is no other coins to replaced bitcoin on the top bitcoin has a good progress since start and the adoption of more people are continuous it also help the great value of bitcoin to lure more people to invest and no other coin like good services of bitcoin.
Let's hope for that so we will continue to grow with our investment. In crypto world, everything is full of surprise or unpredictable so we need to be very careful with our judgement. Invest only what you can afford to lose and do not just put your investment in one basket.

we can assure that bitcoin will never be replace by another cryptocurrency because bitcoin already has large network and a large number of people and huge amount of dollars has been invested on bitcoin also it already has a very large market which is spread to many online community .
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November 10, 2016, 03:11:14 PM
 #854

There is no other coins to replaced bitcoin on the top bitcoin has a good progress since start and the adoption of more people are continuous it also help the great value of bitcoin to lure more people to invest and no other coin like good services of bitcoin.
Let's hope for that so we will continue to grow with our investment. In crypto world, everything is full of surprise or unpredictable so we need to be very careful with our judgement. Invest only what you can afford to lose and do not just put your investment in one basket.

we can assure that bitcoin will never be replace by another cryptocurrency because bitcoin already has large network and a large number of people and huge amount of dollars has been invested on bitcoin also it already has a very large market which is spread to many online community .
Yeah i agree it is hard to replaced by other crypto since we are    $11,409,353,428 according to coinmarket cap.
So it is impossible that it can be replace by other crypto and i think it can be still increase more this following year we will experience more adoption and more merchant can accept bitcoin as payment locally or online..



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November 10, 2016, 04:00:53 PM
 #855

There is no other coins to replaced bitcoin on the top bitcoin has a good progress since start and the adoption of more people are continuous it also help the great value of bitcoin to lure more people to invest and no other coin like good services of bitcoin.
Let's hope for that so we will continue to grow with our investment. In crypto world, everything is full of surprise or unpredictable so we need to be very careful with our judgement. Invest only what you can afford to lose and do not just put your investment in one basket.

we can assure that bitcoin will never be replace by another cryptocurrency because bitcoin already has large network and a large number of people and huge amount of dollars has been invested on bitcoin also it already has a very large market which is spread to many online community .
I do think that bitcoin can hardly be replaced by other cryptocurrencies but nothing can assure that bitcoin will rule the world of crypto coin forever. Who knows what will happen in the future because everything is unpredictable in this world, we can't even exactly predict the price of bitcoin not to mention its future. So just make the most of bitcoin while you can  Grin

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chesatochi
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November 10, 2016, 04:11:20 PM
 #856

There is no other coins to replaced bitcoin on the top bitcoin has a good progress since start and the adoption of more people are continuous it also help the great value of bitcoin to lure more people to invest and no other coin like good services of bitcoin.
Let's hope for that so we will continue to grow with our investment. In crypto world, everything is full of surprise or unpredictable so we need to be very careful with our judgement. Invest only what you can afford to lose and do not just put your investment in one basket.

we can assure that bitcoin will never be replace by another cryptocurrency because bitcoin already has large network and a large number of people and huge amount of dollars has been invested on bitcoin also it already has a very large market which is spread to many online community .
I do think that bitcoin can hardly be replaced by other cryptocurrencies but nothing can assure that bitcoin will rule the world of crypto coin forever. Who knows what will happen in the future because everything is unpredictable in this world, we can't even exactly predict the price of bitcoin not to mention its future. So just make the most of bitcoin while you can  Grin

The best way to see it to enjoy the Bitcoin at the moment and hope it will continue to have a bright future. For the moment, I think it will continue to increase is market share, never forget it was the first one to appear !

Also, the price is pretty stable and it represents around 80% of the market of crytocurrency.


Mastsetad
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November 10, 2016, 04:15:43 PM
 #857

There is no other coins to replaced bitcoin on the top bitcoin has a good progress since start and the adoption of more people are continuous it also help the great value of bitcoin to lure more people to invest and no other coin like good services of bitcoin.
Let's hope for that so we will continue to grow with our investment. In crypto world, everything is full of surprise or unpredictable so we need to be very careful with our judgement. Invest only what you can afford to lose and do not just put your investment in one basket.

we can assure that bitcoin will never be replace by another cryptocurrency because bitcoin already has large network and a large number of people and huge amount of dollars has been invested on bitcoin also it already has a very large market which is spread to many online community .
I do think that bitcoin can hardly be replaced by other cryptocurrencies but nothing can assure that bitcoin will rule the world of crypto coin forever. Who knows what will happen in the future because everything is unpredictable in this world, we can't even exactly predict the price of bitcoin not to mention its future. So just make the most of bitcoin while you can  Grin

That's right, though it wont be possible for any other currency to replace bitcoin but as it is unpredictable so we can't really say this for sure that bitcoin would live forever as it is digital and anything can happen to it in coming time.
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November 10, 2016, 09:33:42 PM
 #858

We can spent more times discussing this, but let's fe real here, who expected bitcoin to be created? I found out for this year ago, and before that I didn't even think about something like this can happen.
It's just that anything can happen, I believe in bitcoin don't understand me wrong, I believe bitcoin will last a long time, but I'm opened for new things, and who knows what will happen in 50 years from now, this technology is changing everything each year. In some moments it's very hard to follow that progress, even harder to predict far future.
Yeah you're right there will be no one who knows the future of bitcoin and you know that technology will always change and grow better. bitcoin were present in the 2000's might look old-fashioned in a few years to come, so it is very likely that bitcoin will be replaced by more sophisticated cryptocurrency, this is just my opinion


Something better could always make its way but I don't think tis going to take us by surprise as bitcoin did, since I'm pretty sure when this new hypothetical coin comes there will be a lot of talk here in the forum.

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BitHodler
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November 10, 2016, 09:50:52 PM
 #859

We can spent more times discussing this, but let's fe real here, who expected bitcoin to be created? I found out for this year ago, and before that I didn't even think about something like this can happen.
It's just that anything can happen, I believe in bitcoin don't understand me wrong, I believe bitcoin will last a long time, but I'm opened for new things, and who knows what will happen in 50 years from now, this technology is changing everything each year. In some moments it's very hard to follow that progress, even harder to predict far future.
Yeah you're right there will be no one who knows the future of bitcoin and you know that technology will always change and grow better. bitcoin were present in the 2000's might look old-fashioned in a few years to come, so it is very likely that bitcoin will be replaced by more sophisticated cryptocurrency, this is just my opinion


Something better could always make its way but I don't think tis going to take us by surprise as bitcoin did, since I'm pretty sure when this new hypothetical coin comes there will be a lot of talk here in the forum.
Every once in a while a certain coin pops up and people title it as being the REAL thing that will take over Bitcoin's position. But all of them haven't come even close.

Ethereum is the latest so far. People were saying that it would take over Bitcoin, but Ethereum has been nothing more than a great get insanely rich quick tool for the developers.

Every altcoin is being looked at from the point that it is a shit coin. Only noobs believe that it may have a real chance to surpass Bitcoin where they invest all their money in it with devastating results...

BSV is not the real Bcash. Bcash is the real Bcash.
South Park
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November 11, 2016, 08:53:37 PM
 #860

We can spent more times discussing this, but let's fe real here, who expected bitcoin to be created? I found out for this year ago, and before that I didn't even think about something like this can happen.
It's just that anything can happen, I believe in bitcoin don't understand me wrong, I believe bitcoin will last a long time, but I'm opened for new things, and who knows what will happen in 50 years from now, this technology is changing everything each year. In some moments it's very hard to follow that progress, even harder to predict far future.
Yeah you're right there will be no one who knows the future of bitcoin and you know that technology will always change and grow better. bitcoin were present in the 2000's might look old-fashioned in a few years to come, so it is very likely that bitcoin will be replaced by more sophisticated cryptocurrency, this is just my opinion


Something better could always make its way but I don't think tis going to take us by surprise as bitcoin did, since I'm pretty sure when this new hypothetical coin comes there will be a lot of talk here in the forum.
Every once in a while a certain coin pops up and people title it as being the REAL thing that will take over Bitcoin's position. But all of them haven't come even close.

Ethereum is the latest so far. People were saying that it would take over Bitcoin, but Ethereum has been nothing more than a great get insanely rich quick tool for the developers.

Every altcoin is being looked at from the point that it is a shit coin. Only noobs believe that it may have a real chance to surpass Bitcoin where they invest all their money in it with devastating results...
You are correct but I think the reason of why a new better coin has not appeared is because it is simply too soon, until new technology, algorithms come forward then we will not see such a coin.

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