Will Bitcoin be replaced by another cryptocurrency?

[Woshib]

Perhaps, but this is unlikely, because the Bitcoin is the first cryptocurrency, and has large market shares.
But it maybe that in the future a cryptocurrency without transaction fees or other replaces Bitcoin.

[alyssa85]

Perhaps, but this is unlikely, because the Bitcoin is the first cryptocurrency, and has large market shares.
But it maybe that in the future a cryptocurrency without transaction fees or other replaces Bitcoin.

Being first doesn't mean anything. Britain invented the industrial revolution, but it wasn't long before other countries started copying them. MySpace invented social media but got overtaken by both Facebook and twitter. Excite got overtaken by Google. Netscape navigator got overtaken first by internet explorer and then by Chrome.

Being first mover is only an advantage if you don't squander that advantage.

[harizen]

Perhaps, but this is unlikely, because the Bitcoin is the first cryptocurrency, and has large market shares.
But it maybe that in the future a cryptocurrency without transaction fees or other replaces Bitcoin.

It will be hard for other cryptos to achieved what bitcoin reached for now. This crypto is tested for many years now and also the reason why other cryptos was born. It will be really a hassle one if people will start from scratch again in terms of services and stores accepting this as a payment option.

In an intentional way, it can be possible but I doubt large investors will just do some trials in other cryptos.

So for now, take other cryptos for profit taking rather than being a currency.

[rizzlarolla]

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?

Innocently ask's Monero man.

Have you any specific alt in mind?

[universe_]

Perhaps, but this is unlikely, because the Bitcoin is the first cryptocurrency, and has large market shares.
But it maybe that in the future a cryptocurrency without transaction fees or other replaces Bitcoin.

there cannot be any money without any fees in my opinion because there will have to be people who get money for it

i doubt that bitcoin will ever be replaced in the future thus replacing all fiat

[ekoice]

No one can say clearly about this but it is a fact that no one had idea how a digital currency like bitcoin would come and rule the world and same way some other currency might come and take place of bitcoin. cant say any thing on this.

[SilverPunk]

Perhaps, but this is unlikely, because the Bitcoin is the first cryptocurrency, and has large market shares.
But it maybe that in the future a cryptocurrency without transaction fees or other replaces Bitcoin.

I don't think that there is no fee's for that and well never know what in next few years that technology might create a new coin that will use by world.

[Blawpaw]

I strongly believe that there is that possibility. For now, Ethereum could be the one crypto who can be able to dethrone Bitcoin. Bitcoin has a lot of limitations, so it is pretty possible that the crypto who presents technical enhancements could become the bitcoin killer!

[BitHodler]

I strongly believe that there is that possibility. For now, Ethereum could be the one crypto who can be able to dethrone Bitcoin. Bitcoin has a lot of limitations, so it is pretty possible that the crypto who presents technical enhancements could become the bitcoin killer!

Nah. At this point there is no crypto currency that has enough potential to replace or overtake Bitcoin.

Bitcoin does exactly that what a lot people want. It offers us a currency tool, investment tool, store of wealth, and so on.

Altcoins with all their "great" and "better" features according to some people, don't add anything seriously usable for the big public.

I see altcoin features as gimmicks. It's cool these features are here but no one really use them.

[MingLee]

I strongly believe that there is that possibility. For now, Ethereum could be the one crypto who can be able to dethrone Bitcoin. Bitcoin has a lot of limitations, so it is pretty possible that the crypto who presents technical enhancements could become the bitcoin killer!

Nah. At this point there is no crypto currency that has enough potential to replace or overtake Bitcoin.

Bitcoin does exactly that what a lot people want. It offers us a currency tool, investment tool, store of wealth, and so on.

Altcoins with all their "great" and "better" features according to some people, don't add anything seriously usable for the big public.

I see altcoin features as gimmicks. It's cool these features are here but no one really use them.

You're 100% right. At this point there are no viable alternatives to Bitcoin, and those that exist don't meet the proper criteria when it comes to being able to take over something like Bitcoin. The largest other altcoin right now is Ethereum, with a market cap of $1b compared to Bitcoin's $10b. People will always claim something is better than Bitcoin because of this or that, but they're exactly as you say; just gimmicks.

[Hirose UK]

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?

I'm not sure, but many people here say that no cryptocurrency will replace bitcoin. in the other hand, technology is developing, and there will be smart and creative people in the future, iA. so it's possible that there will be more technologies, but I'm not sure it will be better than bitcoin or not

[Whosdaddy]

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?

You can think again, Does bitcoin replaced by another cryptocurrency. Maybe you already know the answer.  One main reason bitcoin is a mother of another cryptocurrency it's difficult to replace it for now . but nothing is impossible.

Well I think it will be possible only if bitcoin is on archive. Beside bitcoin, it's impossible to replaced by another cryptocurrency. Others cryptocurrencies just may come closer to bitcoin but not replace bitcoin for sure. You know till now all cryptocurrencies very far away from bitcoin.

Bitcoin have better chance to rule over all currency's fiat too. Hope soon we can see that bitcoin will be as the king of  all currency's.

[Labumi]

Perhaps, but this is unlikely, because the Bitcoin is the first cryptocurrency, and has large market shares.
But it maybe that in the future a cryptocurrency without transaction fees or other replaces Bitcoin.

True, because cryptocurrency is the largest of the bitcoin and has a much larger market than cryptocurrency else. And this will be dear to the one it is not possible that there is a cryptocurrency that replaces the Bitcoin with almost the same structure. Except that in the future there is a cryptocurrency that is far better and far superior bitcoin it will then it is entirely possible

[kiko333]

The big problem of Bitcoin is the PoW, is unsustainable. If change it, maybe could maintain more time.
Ethereum now and others than are comming will finish with bitcoin in few years (not more than 3)

[chaser15]

It won't be replaced in terms of price but it will has another crypto on side with also has interesting price.

Besides it's not profitable if we have only a single crypto with decent price. It must be accompanied by other crypto for more profit taking.

[Schuyler]

It is not impossible for another crypto-currency to replace bitcoin. Everyday we see a new altcoin popping, but at the same time we see also see a lot fade into obscurity. I would love to see another currency that would challenge bitcoin, so the developers would not stop with the further development of bitcoin.

[xuan87]

Yes it could be possible, Bitcoin can become famous because more and more people used it and the price is good, and there are a lot of developer interested in develop the coin further, that is the reason why bitcoin still survive until now, if people stop to used it then bitcoin will become obsolete and i am sure it will be replaced by other cryptocurrency

[chineseprancing]

I think it will not happen, Bitcoin is the mother of all cryptocurrencies. Bitcoin is the top ranked crypto currency,  and lite coin is the second. But litecoin is too far from bitcoin. So i think it couldnt replace bitcoins

[mishra1994u]

I think it will not happen, Bitcoin is the mother of all cryptocurrencies. Bitcoin is the top ranked crypto currency,  and lite coin is the second. But litecoin is too far from bitcoin. So i think it couldnt replace bitcoins

Mee to think this cannot be happen...Bitcoin is way ahead of any other crypto-currecy in the market...the value of every crypto currency is valued in terms of satoshi..so bitcoin cannot be replaced..ethereum i think promised a lot and thought it will be good competitor of bitcoin..but its way behind right now

[hermanhs09]

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 sure it makes sense. Trading to forms of money that represent value so that you don't need to bring your chicken to swap for that piece iron, to the point of money actually just representing the time spent making that money for the worker, and when he spends it representing the value to the person receiving it.. If that makes any sense.. but one day paper money will be obsolete for sure. In 100years + who knows, the paradigm shift humans underwent through time getting there probably figured out automation is best. At some point everyone will have everything they need for free. I mean the robots will do it for us. We will just be living of the "automatic" land.. Until skynet happens and we go back to the stone age