Will Bitcoin be replaced by another cryptocurrency?

[Zadicar]

bitcoin now is becoming famous why should it replace? what is the reason why bitcoin need to change cryptocurrency how if someday this will become true what will happen is bitcoin still the same price that will range into 600-700 dollars ? but i love bitcoin which i can trade into another alt coins  and in bitcoin we trust <3

In bitcoin we trust eh? Hehe  Yes i agree since bitcoin is famous already wordlwide  i think it would be hard to replaced it with another crypto since btc  is been here for several years and also it already gives some services in some countries who accepts bitcoin as a payment i think it would be developed in upcoming years.

[Sponsoredby15]

In bitcoin we trust eh? Hehe  Yes i agree since bitcoin is famous already wordlwide  i think it would be hard to replaced it with another crypto since btc  is been here for several years and also it already gives some services in some countries who accepts bitcoin as a payment i think it would be developed in upcoming years.

yes i trust bitcoin because bitcoins help me to earn money without investing or buying bitcoin it also help me with my fenancial problems specialy in school it help me with my daily expenses without bitcoin its hard for me to earn money hope fuly that bitcoin will be still a bitcoin and famous because as of now im still holding mine for future purposes 

[qiman]

Bitcoin may be replaced by a different technology or be superseded but it will take a very long time as Bitcoin is a pioneer in this technology. I think Bitcoin is here to stay for a very long time as paper money has been around for thousands of years.

[Whosdaddy]

until now is imposible altcoin replace bitcoin
not only one altcoin replace bitcoin etherum litecon still can't replace bitcoin
requirement replace must high community use, support much payment another site olshop same and equal bitcoin
liquid exchange to fiat money same with bitcoin

Ethereum isn't really a "currency" like Bitcoin is, so it's like comparing apples to oranges... And then litecoin is pretty much the same thing as bitcoin without all the bloat...

None of these two coins change how we would use cryptocurrencies as a currency.

Well if Ethereum isn't a currency, what is it? A currency is defined as something used as a medium of exchange or something that is used as money, a definition that Ethereum seems to fill nicely.

Ethereum doesn't really change anything about cryptocurrencies aside from being generated though other crypto "resources" and being generated through applications and people moving things through it. it adds a nice concept, but at the core it doesn't do much more than add a few numbers and fuse some features together.

From what I understand, 'chennan' might have been saying that Eth is not like Bitcoin, which is a currency that is used even in the physical world. I do not seem to have seen any shop in the neighborhood, nor any shops near my friends in different countries that accepts Eth as payment.

[AioFox]

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 has a lot of market shares in this moment, it is unlikely that another cryptocurrency can take it place, since Bitcoin is the first cryptocurrency.
But, if an interesting cryptocurrency is launched, for example, with no transaction fees, it can be possible.

[Russlenat]

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 has a lot of market shares in this moment, it is unlikely that another cryptocurrency can take it place, since Bitcoin is the first cryptocurrency.
But, if an interesting cryptocurrency is launched, for example, with no transaction fees, it can be possible.

If a crypto currency does not have transaction fee, it will not be sustainable. It will be a scam coin soon.

[roby25]

I think bitcoin will not be replace by other crytocurrency. Maybe others currency had potential to follow bitcoin.

[ASHLIUSZ]

I think bitcoin will not be replace by other crytocurrency. Maybe others currency had potential to follow bitcoin.

You can understand Bitcoin by thinking of it as another evolutionary leap, an improvement over fiat money just as fiat money was an improvement over gold.  Bitcoin is portable in a way that no other cryptocurrencies will overcome bitcoin anytime soon. May be others follow it.

[CryptoBjorn]

I think bitcoin will not be replace by other crytocurrency. Maybe others currency had potential to follow bitcoin.

Correct the amount of altcoins are tremendous and in that regard we have to compare their eco system vs bitcoin to make a good judgement.
At this moment there is no coin like bitcoin which such an enormous amount of companies accepting bitcoin.

[Kotone]

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?

Yes. After 20-50 Years I think. Bitcoin will be dumped and new Altcoin will be used as a Bitcoin. There will be the time that if all the blocks are mined and all the Bitcoin is now on dumped, there is a possibility that new Cryptocurrency will be the Top 1 in the list. Ethereum is now on Top 2 and now, we observed that ETH is now on demand. Maybe next year or 2, ETH price will be doubled. But we don't know if that will be the prediction or not.

[goinmerry]

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?

Yes. After 20-50 Years I think. Bitcoin will be dumped and new Altcoin will be used as a Bitcoin. There will be the time that if all the blocks are mined and all the Bitcoin is now on dumped, there is a possibility that new Cryptocurrency will be the Top 1 in the list. Ethereum is now on Top 2 and now, we observed that ETH is now on demand. Maybe next year or 2, ETH price will be doubled. But we don't know if that will be the prediction or not.

If it will be 50 years then that is a lot of time and maybe one of us is not posting here anymore. Hell, even 20 takes a long time and there is a lot that could happen. Maybe it will not be called a coin anymore.

[RoommateAgreement]

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?

Yes. After 20-50 Years I think. Bitcoin will be dumped and new Altcoin will be used as a Bitcoin. There will be the time that if all the blocks are mined and all the Bitcoin is now on dumped, there is a possibility that new Cryptocurrency will be the Top 1 in the list. Ethereum is now on Top 2 and now, we observed that ETH is now on demand. Maybe next year or 2, ETH price will be doubled. But we don't know if that will be the prediction or not.

there is no reason for bitcoin to be dumped anytime this soon. even in 20-50 years. fiat has been around for hundreds of year and it has evolved ever since to match the new age and improve.
so since bitcoin is code and it is so easy to change it, even in the future there is no reason for it to go down, it will evolve and match the new world and the new technology.
also eth will be long dead by then lol

[electronicash]

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?

Yes. After 20-50 Years I think. Bitcoin will be dumped and new Altcoin will be used as a Bitcoin. There will be the time that if all the blocks are mined and all the Bitcoin is now on dumped, there is a possibility that new Cryptocurrency will be the Top 1 in the list. Ethereum is now on Top 2 and now, we observed that ETH is now on demand. Maybe next year or 2, ETH price will be doubled. But we don't know if that will be the prediction or not.

there is no reason for bitcoin to be dumped anytime this soon. even in 20-50 years. fiat has been around for hundreds of year and it has evolved ever since to match the new age and improve.
so since bitcoin is code and it is so easy to change it, even in the future there is no reason for it to go down, it will evolve and match the new world and the new technology.
also eth will be long dead by then lol

codes can't easily be changed actually. if it is they would have edited for the block size
bitcoin may not be dumped as of now since marketing of newer coins isn't that massive but once a better coin thats designed to last without issues will rule someday.

[JeffBrad12]

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?

Yes. After 20-50 Years I think. Bitcoin will be dumped and new Altcoin will be used as a Bitcoin. There will be the time that if all the blocks are mined and all the Bitcoin is now on dumped, there is a possibility that new Cryptocurrency will be the Top 1 in the list. Ethereum is now on Top 2 and now, we observed that ETH is now on demand. Maybe next year or 2, ETH price will be doubled. But we don't know if that will be the prediction or not.

this is very irrational for me because it's just a prediction. whether too easy for dumped bitcoin and said will be replaced with another altcoin. and we know the alt could just daughter for bitcoin. I can say it's just a dream for me.

[Wowcoin]

No bitcoin cannot replaced another crytocurrencey bitcoin has a biggest asset or there are many bag holder in it. So it getting hard to replaced it. Many currency now has potential to rise but not replaced btc. Maybe there rise till rockets. Bitcoin have many investor because bitcoin used in payment processor. So there getting hard to replaced it.

[kevpantof]

No bitcoin cannot replaced another crytocurrencey bitcoin has a biggest asset or there are many bag holder in it. So it getting hard to replaced it. Many currency now has potential to rise but not replaced btc. Maybe there rise till rockets. Bitcoin have many investor because bitcoin used in payment processor. So there getting hard to replaced it.

You may be write but, this all depend on time... in the past time the rate of pound was high but this time the price of pound is low... so pound is replaced in Euros..... so the BTC may be replaced after some times if others gain this much popularity

[skylighters]

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?

actually it could happen if there would better, faster and more popular crypto, but at this moment there are none like this so probably nothing will change bitcoin

[serjent05]

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?

actually it could happen if there would better, faster and more popular crypto, but at this moment there are none like this so probably nothing will change bitcoin

there is a possibility that bitcoin will be replaced by some more advance, user friendly  altcoin in the future.  I say it so because in this world the only permanent is change.  We can have this strong belief that no one can replace bitcoin but it is still an assumption.  If only bitcoin can evolve and adopt all the advance featurs of it's counter part in crypto currency then it is impossible for it to be replaced.

[CryptoBrother]

i dont think that wiill happen. it is not possible for other cryptocurrency to replace btc. bitcoin is gone far above other cryptos.

When you understand anything is possible you will understand your statement is wrong. It certainly is very possible for another crypto to compete with BTC but the question is not if, but when.

[Diluman]

The only other crypto currency I can think of replacing the bitcoin is the Ethereum. Many bitcoiners are buying it.