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Author Topic: Will Bitcoin be replaced by another cryptocurrency?  (Read 186366 times)
Westinhome
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August 06, 2016, 08:08:52 AM
 #261

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

I think  so. The Ethereum trading volume is even higher than the bitcoin at the moment. So people are interested in it.
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August 06, 2016, 08:17:06 AM
 #262

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

I think  so. The Ethereum trading volume is even higher than the bitcoin at the moment. So people are interested in it.

Yes ethereum is doing a good job now but still it is below bitcoin and really far. A lot are supporting ETH yes but with popularity and usage now it is still bitcoin who have the most. Maybe someday it will change.

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Senor.Bla
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August 06, 2016, 08:22:33 AM
 #263

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

I think  so. The Ethereum trading volume is even higher than the bitcoin at the moment. So people are interested in it.

Yes ethereum is doing a good job now but still it is below bitcoin and really far. A lot are supporting ETH yes but with popularity and usage now it is still bitcoin who have the most. Maybe someday it will change.

bitcoin and eth is not only about the value/price and how big the trading volume is.
the important part is the technology. that is what makes a coin valuable. and as far as i see it bitcoin and eth are very different and both have a purpose.
but bitcoin can be replaced if there is a coin that serves the same purpose as bitcoin and does it better.

entrepmind23
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August 06, 2016, 10:03:08 AM
 #264

I believe so because nothing is permanent in this world. There would always be changes. Some say that it's ETH and now it's ETC. It really depends on the people. Someone will create or already created a cryptocurrency that can make the bitcoin obsolete. It may not be clear now but in the future when someone will be interested in that certain cryptocurrency and pump its value then maybe bitcoiners will transfer some of their funds to that cryptocurrency and later on make the bitcoin's value lower.

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August 06, 2016, 10:05:52 AM
 #265

no i do not think so, that bitcoin can be replace by any other currency, bitcoin is getting popular day by day. people are entering in the world of bitcoin on daily bases, they are investing their money in bitcoin, some people are also using bitcoin as in place of fiat money, some shops are now accepting bitcoin for shopping, and the government is now taking serious decision about bitcoin legalization, therefore i do not think so that the bitcoin is going to be merge or replace my any other currency.
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August 06, 2016, 10:23:15 AM
 #266

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

I think  so. The Ethereum trading volume is even higher than the bitcoin at the moment. So people are interested in it.

Yes ethereum is doing a good job now but still it is below bitcoin and really far. A lot are supporting ETH yes but with popularity and usage now it is still bitcoin who have the most. Maybe someday it will change.

bitcoin and eth is not only about the value/price and how big the trading volume is.
the important part is the technology. that is what makes a coin valuable. and as far as i see it bitcoin and eth are very different and both have a purpose.
but bitcoin can be replaced if there is a coin that serves the same purpose as bitcoin and does it better.
I think it's safe to say that the majority of the people don't give a damn about the technology side of Bitcoin and other crypto currencies.

They just focus on the price going up higher and higher so they can make money in a very short time. That's all they care about.

For me personally the technology side of Bitcoin is very important because its decentralized nature allows us to store money outside the reach of banks and governments.

BSV is not the real Bcash. Bcash is the real Bcash.
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August 06, 2016, 10:39:53 AM
 #267

bitcoin is crypto first digital currency. I believe bitcoin will always be the benchmark currency survive in the digital world.
The most threat bitcoin is bitcoinX. anyone has received new information about bitcoinX?
Senor.Bla
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August 06, 2016, 11:15:37 AM
 #268

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

I think  so. The Ethereum trading volume is even higher than the bitcoin at the moment. So people are interested in it.

Yes ethereum is doing a good job now but still it is below bitcoin and really far. A lot are supporting ETH yes but with popularity and usage now it is still bitcoin who have the most. Maybe someday it will change.

bitcoin and eth is not only about the value/price and how big the trading volume is.
the important part is the technology. that is what makes a coin valuable. and as far as i see it bitcoin and eth are very different and both have a purpose.
but bitcoin can be replaced if there is a coin that serves the same purpose as bitcoin and does it better.
I think it's safe to say that the majority of the people don't give a damn about the technology side of Bitcoin and other crypto currencies.

They just focus on the price going up higher and higher so they can make money in a very short time. That's all they care about.

For me personally the technology side of Bitcoin is very important because its decentralized nature allows us to store money outside the reach of banks and governments.

i agree with you that a majority is ignorant and just focused on the price. but also they are the ones that suffer a lot from scams and hacks. and the best part is, then they scream the loudest that they where misinformed and tricked and nobody told them that ....
and i don not mind that, but the problem is that they also give a lot of bad advice and information about bitcoin to other people. and that is sad and dangerous.

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August 06, 2016, 08:58:10 PM
 #269

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

I think  so. The Ethereum trading volume is even higher than the bitcoin at the moment. So people are interested in it.

God, I really hate when people bring these kind of arguments to the table in what makes the best cryptocurrency/money... The price demand has nothing to do with the functionality of the currency or makes it any better. If that's the case, gold would be a much better choice because it's valued higher per unit.

There are still lots of issues facing Bitcoin and ethereum... Because the prices are high doesn't automatically make them better. There are other stuff out there that could be deemed better if they were priced the same.

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August 06, 2016, 09:46:59 PM
 #270

I think if something better came along, this could be possible.  But looking at the altcoin scene, I see absolutely nothing that will even come close to replacing bitcoin.  It has first mover advantage, name recognition, and a lot of other plusses.  And any coin would have to have some huge advantage that would make btc look like a dinosaur.  I don't see it happening any time soon, if ever.

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August 06, 2016, 09:59:19 PM
 #271

Anything is possible.. Btc can be replaced.. But not in a short term...may be in the future
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August 06, 2016, 10:40:05 PM
 #272

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.
i dont see it as a possible thing because bitcoin will always be better than any other currencies in the cryptoworld, in my opinion from now on bitcoin is going to get only more popular

 
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August 06, 2016, 10:41:40 PM
 #273

I think if something better came along, this could be possible.  But looking at the altcoin scene, I see absolutely nothing that will even come close to replacing bitcoin.  It has first mover advantage, name recognition, and a lot of other plusses.  And any coin would have to have some huge advantage that would make btc look like a dinosaur.  I don't see it happening any time soon, if ever.

Bitcoin does everything important people expect from it. Sending and receiving money, store of value, investment tool, blockchain where data can be stored, and so on. There is really no point into having another coin to take over. Every coin, no matter how great and useful it is, it will be nothing more than an altcoin.
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August 07, 2016, 01:27:27 AM
 #274

Bitcoin is still a new thing, it is still getting bigger, however bitcoin is a precursor of cryptocurrency.
That is the reason i think that we may see some other crypto getting bigger, because we will see new upgrades, solution coming in- and bitcoin will be just old-fashioned.

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August 07, 2016, 02:27:59 AM
 #275

The only other crypto currency I can think of replacing the bitcoin is the Ethereum. Many bitcoiners are buying it.
well, ethereum getting a lot of attention of crypto currency users. and bitcoiners also. but I don't think it can replace bitcoin ever.
it may get a good place in market(already have quite good) but replacing bitcoin is not easy. bitcoin is the only and first crypto currency and it is un-replaceable now.

Bitcoin is still a new thing, it is still getting bigger, however bitcoin is a precursor of cryptocurrency.
That is the reason i think that we may see some other crypto getting bigger, because we will see new upgrades, solution coming in- and bitcoin will be just old-fashioned.
No. it is not true. bitcoin won't become old-fashioned man. aren't you seeing that bitcoin is getting accepted in new sites, big shopping sites and big products?
there is no other coin which getting that much attention.
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August 07, 2016, 02:51:32 AM
 #276

The only other crypto currency I can think of replacing the bitcoin is the Ethereum. Many bitcoiners are buying it.
well, ethereum getting a lot of attention of crypto currency users. and bitcoiners also. but I don't think it can replace bitcoin ever.
it may get a good place in market(already have quite good) but replacing bitcoin is not easy. bitcoin is the only and first crypto currency and it is un-replaceable now.

Bitcoin is still a new thing, it is still getting bigger, however bitcoin is a precursor of cryptocurrency.
That is the reason i think that we may see some other crypto getting bigger, because we will see new upgrades, solution coming in- and bitcoin will be just old-fashioned.
No. it is not true. bitcoin won't become old-fashioned man. aren't you seeing that bitcoin is getting accepted in new sites, big shopping sites and big products?
there is no other coin which getting that much attention.
That's happen because bitcoin already have a good value than other coins if bitcoin back to 1$ the acceptance of it will stop,and they will find other good coin. If bitcoin will never crash that's a good view and it's good for long term..

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August 07, 2016, 03:41:24 AM
 #277

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

I think  so. The Ethereum trading volume is even higher than the bitcoin at the moment. So people are interested in it.
Maybe ETH is raised their moment with higher volume and passing the BTC but, if you know the ending of ETH traders is come back into bitcoin when they wanna to exchange their ETH into fiat balance. Cool

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goinmerry
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August 07, 2016, 03:47:23 AM
 #278

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

I think  so. The Ethereum trading volume is even higher than the bitcoin at the moment. So people are interested in it.
Maybe ETH is raised their moment with higher volume and passing the BTC but, if you know the ending of ETH traders is come back into bitcoin when they wanna to exchange their ETH into fiat balance. Cool

Correct. Just trading it back and forth. Using ETH and BTC as a means of making more fiat. Small or large profit will be accepted as long there is. Seen one that does this and he always want to boast it in me.
Diluman
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August 13, 2016, 10:33:06 AM
 #279

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

I think  so. The Ethereum trading volume is even higher than the bitcoin at the moment. So people are interested in it.
Maybe ETH is raised their moment with higher volume and passing the BTC but, if you know the ending of ETH traders is come back into bitcoin when they wanna to exchange their ETH into fiat balance. Cool

Correct. Just trading it back and forth. Using ETH and BTC as a means of making more fiat. Small or large profit will be accepted as long there is. Seen one that does this and he always want to boast it in me.

I mine the Ethereum and then trade it against the bitcoin. After I get more bitcoin, I will withdraw from exchanges.
aakashsangwan
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August 13, 2016, 01:22:46 PM
 #280

The only other crypto currency I can think of replacing the bitcoin is the Ethereum. Many bitcoiners are buying it.
Last time i searched about ethereum it was said that there is no hard limit on number of ethereum ever mined, So i dont think it is wise to hold ethereum for long time.

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