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Author Topic: Will Bitcoin be replaced by another cryptocurrency?  (Read 186364 times)
mirakal
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August 22, 2016, 09:23:51 AM
 #321

I hope it will not happen soon or will not happen because I have my investment with bitcoin. But if that will happen I have no choice but to accept the reality. So maybe this time I should also be investing with altcoins since there are altcoins that has a good potential now to replace bitcoin like ETH.

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izanagi narukami
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August 22, 2016, 09:27:11 AM
 #322

It's difficult to predict since bitcoin value getting struggle ( decreasing ) so some enthusiast buyer need to re-think or maybe wait to decide to re-invest on bitcoin

I hope it will not happen soon or will not happen because I have my investment with bitcoin. But if that will happen I have no choice but to accept the reality. So maybe this time I should also be investing with altcoins since there are altcoins that has a good potential now to replace bitcoin like ETH.

Microsoft decide to use ETH , maybe this the best option

Smiley
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August 22, 2016, 12:24:21 PM
 #323

I hope it will not happen soon or will not happen because I have my investment with bitcoin. But if that will happen I have no choice but to accept the reality. So maybe this time I should also be investing with altcoins since there are altcoins that has a good potential now to replace bitcoin like ETH.

Well you can do both and it is actually profitable. Many have testified it and they are still doing it up until now. Not having any problems but gaining more in this process.
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August 22, 2016, 12:31:06 PM
 #324

It's difficult to predict since bitcoin value getting struggle ( decreasing ) so some enthusiast buyer need to re-think or maybe wait to decide to re-invest on bitcoin

I hope it will not happen soon or will not happen because I have my investment with bitcoin. But if that will happen I have no choice but to accept the reality. So maybe this time I should also be investing with altcoins since there are altcoins that has a good potential now to replace bitcoin like ETH.

Microsoft decide to use ETH , maybe this the best option
This will be an obstacle for bitcoin. but if ETH really used by Microsoft, the world of digital currency will continue to exist. it could happen, but I still use digital currency bitcoin as my main.
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August 22, 2016, 12:55:36 PM
 #325


This will be an obstacle for bitcoin. but if ETH really used by Microsoft, the world of digital currency will continue to exist. it could happen, but I still use digital currency bitcoin as my main.

Microsoft would be certifiable to introduce millions of their customers to a system that recently splintered and comprehensively fucked itself.

As for the original question, what is the definition of replaced?

Could another coin surpass it in market cap? Yes. That's a piece of absolute piss. All it needs is one pump, a fictional supply that's largely withheld and willing traders.
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August 22, 2016, 01:39:01 PM
 #326

Yes bitcoin might be replaced by other crypto like dogecoin, altcoin, etc. If bitcoin can not grow bound to lose in the competition so that it can be replaced. That could happen, but for now I think can not because bitcoin is still above.
Noctis Connor
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August 22, 2016, 01:40:31 PM
 #327

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?
hmm for me no because even bitcoin are banned in some country bitcoin will still use by user or investors to grow their money bitcoin now is becoming famous and some bitcoin wallet are now working to partner with some online store so that bitcoin can now use to buy online , and oneline store now are going to accept bitcoin as a payment
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August 22, 2016, 02:45:52 PM
 #328

It could happen, but at the moment Bitcoin is too popular for that to happen. Besides, there's no cryptocurrency better than bitcoin right now.
But that is not having a relationship with the popularization of bitcoin because that is a threat for bitcoin and can appear at any time without considering how many the bitcoin is popular in this time.

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August 22, 2016, 04:20:33 PM
 #329

you never know

even on bitcoin website it say that in the future it can be possible for another currency to beat bitcoin
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August 22, 2016, 04:43:02 PM
 #330

Yes bitcoin might be replaced by other crypto like dogecoin, altcoin, etc. If bitcoin can not grow bound to lose in the competition so that it can be replaced. That could happen, but for now I think can not because bitcoin is still above.

What is the development and progress happen to your stated coin since their commencement of operation? And take note, already years in the operation but still haven't reached even 5% (my own estimation) of what bitcoin is achieved.

If bitcoin will be fail, all cryptos will suffer the same so no, bitcoin can't be replaced by another cryptocurrency. All altcoins are made to take profits for short term.

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August 22, 2016, 05:24:45 PM
 #331

I think it will happen someday. When all people not using bitcoin anymore and i'm sure another crypocurrency will rise and be the next bitcoin with a good price like bitcoin.

It was a possibility, but I do not think it will happen in the near future. Moreover, no one can match the bitcoin, and all of it just altcoin. Because there will be no bitcoin version 2. And we know nothing altcoin that cost equaled the bitcoin. IMO

Just a few years back, I thought bitcoin was just a scam. And now I am using bitcoins. Maybe we are thinking no altcoins can take over what have bitcoin has achieved now. Maybe we have not seen the potential yet. But it is very possible that some alt coins can match or even over take bitcoin on the top.
Currently there is no Altcoin which can be compared with bitcoins in term of price. Bitcoin is way too high price and altcoin can never match it. No current altcoin has the potential to compete with bitcoins.









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August 22, 2016, 05:30:06 PM
 #332

It will be possible. Now you can see there is so many new coins introduced with more interest.
Even if the the prices is not good yet, but, no one knows in 5 years later.
If a coin with good strategy from developer make a good move in the market, bitcoin will have a good competitor.

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August 22, 2016, 05:47:23 PM
 #333

i do not think that other cryptocurrency replace to bitcoin because bitcoin get too much popularity and bitcoin is too much powerful and stronger and huge number of people are using bitcoin.
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August 22, 2016, 06:18:53 PM
 #334

I think it will happen someday. When all people not using bitcoin anymore and i'm sure another crypocurrency will rise and be the next bitcoin with a good price like bitcoin.

It was a possibility, but I do not think it will happen in the near future. Moreover, no one can match the bitcoin, and all of it just altcoin. Because there will be no bitcoin version 2. And we know nothing altcoin that cost equaled the bitcoin. IMO

Just a few years back, I thought bitcoin was just a scam. And now I am using bitcoins. Maybe we are thinking no altcoins can take over what have bitcoin has achieved now. Maybe we have not seen the potential yet. But it is very possible that some alt coins can match or even over take bitcoin on the top.
yes so many other people were also thinking like that, but bitcoin proved that it is the best and number one crypto currency in the world. although anything is possible and another crypto currency can take place of bitcoin, but in present time or in near future it is very difficult because still people are showing trust on bitcoin and new people are entering in the world of bitcoin. they are investing their fiat currency in bitcoin therefore the position of bitcoin getting more stronger and stronger.
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August 22, 2016, 06:33:48 PM
 #335

i do not think that other cryptocurrency replace to bitcoin because bitcoin get too much popularity and bitcoin is too much powerful and stronger and huge number of people are using bitcoin.
it is not going to be possible in the future too, in my opinion bitcoin is always going to be great in the future




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agustina2
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August 22, 2016, 06:35:35 PM
 #336

It will be possible. Now you can see there is so many new coins introduced with more interest.
Even if the the prices is not good yet, but, no one knows in 5 years later.
If a coin with good strategy from developer make a good move in the market, bitcoin will have a good competitor.

Can you give some examples of that coin you are pointing too?

Altcoins are definitely trying to make such share on what bitcoin achieved but I believe no alts can be replaced bitcoin due to the fact that all cryptos are revolving around it. What do you think is the investors feedback if bitcoin will become fail and be replaced by those other alts??
Supercrypt
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August 22, 2016, 08:30:02 PM
 #337

i do not think that other cryptocurrency replace to bitcoin because bitcoin get too much popularity and bitcoin is too much powerful and stronger and huge number of people are using bitcoin.
The algorithm used in BTC for data or something similar is apparently going to be obsolete in about 30 years, that's a lot of time, and i think that if enough work is done, Bitcoin can still work with the main components being there. As of now i agree with you, but things always change, and something big could happen that absolutely destroys BTC for some reason.
bitsoldiers
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August 22, 2016, 08:36:40 PM
 #338

I don't think so....bitcoin is here to stay...
BillyBobZorton
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August 22, 2016, 08:52:29 PM
 #339

As of right now, there are 0.0% chances of any other crypto taking bitcoin's well deserved number one spot. Some say monero will gain traction in the darkmarkets, I say that is bullshit, we will have confidential transactions and higher privacy soon and the bitcoin network is simply too strong to be replaced, as long as progress is being made we are good.
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August 23, 2016, 10:53:29 AM
 #340

At the current time, That's not possible IMO, there are plenty of new crypto's but none has gotten even a fraction of the overall size and usability of BTC, mostly people use it as a form of stock trading before converting to BTC.
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