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Author Topic: Will Bitcoin be replaced by another cryptocurrency?  (Read 186368 times)
Sergiorr101
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August 30, 2016, 07:26:04 PM
 #381

i really doubt that though there is always a possibility that something like that will happen in the future

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August 31, 2016, 05:49:37 PM
 #382

bitcoin can not be replaced in anything, all cryptocurrency, because in my opinion, every crypto currency has unique in the foundations and its can not compare each other and we all know, bitcoin is a like mother, and other cryptocurrency is like the child.

but its maybe happen if bitcoin has something bad happen, i can't give example. so for time to time, bitcoin will be bitcoin, and other crypto currency will be crypto currency.
Bitcoin may be replaced by a different crypto but not in this era. This era is bitcoin's era.
There may come a time that bitcoin's glory will come to an end, but rest assured that bitcoin will take a loooong time before that happens. We'll be long gone by then, most likely.
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August 31, 2016, 06:11:41 PM
 #383

i really doubt that though there is always a possibility that something like that will happen in the future
of course it is not going to be replaced in any near future, i hope it is going to become huge in the near future

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August 31, 2016, 06:13:20 PM
 #384


Bitcoin may be replaced by a different crypto but not in this era. This era is bitcoin's era.
There may come a time that bitcoin's glory will come to an end, but rest assured that bitcoin will take a loooong time before that happens. We'll be long gone by then, most likely.

If bitcoin's glory come to an end, so goes on to the other cryptos.

Im very sure of that even people will disagree to my post. First of all, it's useless to fight over with it since we are not yet on the situation. Like I said, altcoins are just made to make profit.

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marketone
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August 31, 2016, 06:15:17 PM
 #385


Bitcoin may be replaced by a different crypto but not in this era. This era is bitcoin's era.
There may come a time that bitcoin's glory will come to an end, but rest assured that bitcoin will take a loooong time before that happens. We'll be long gone by then, most likely.

If bitcoin's glory come to an end, so goes on to the other cryptos.

Im very sure of that even people will disagree to my post. First of all, it's useless to fight over with it since we are not yet on the situation. Like I said, altcoins are just made to make profit.
This is a very valid point as you can see when the price of it falls so does the others like in a domino effect.
If it does one day go under so will the Rest of the Cryptos.
That sounds like a title of a really scary horror movie actually.  Cry
chaser15
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September 01, 2016, 05:41:31 AM
 #386


Bitcoin may be replaced by a different crypto but not in this era. This era is bitcoin's era.
There may come a time that bitcoin's glory will come to an end, but rest assured that bitcoin will take a loooong time before that happens. We'll be long gone by then, most likely.

If bitcoin's glory come to an end, so goes on to the other cryptos.

Im very sure of that even people will disagree to my post. First of all, it's useless to fight over with it since we are not yet on the situation. Like I said, altcoins are just made to make profit.
This is a very valid point as you can see when the price of it falls so does the others like in a domino effect.
If it does one day go under so will the Rest of the Cryptos.
That sounds like a title of a really scary horror movie actually.  Cry

Im quiet agree here too.

If ever bitcoin will come to an end, people will be much more less faith in trusting any other cryptos since even bitcoin reached really a great achievement still it's suffer a failure at the end. Idea of transferring into other crypto I think will not be the priority as the output is already seen.

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goinmerry
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September 01, 2016, 06:18:01 AM
 #387


Bitcoin may be replaced by a different crypto but not in this era. This era is bitcoin's era.
There may come a time that bitcoin's glory will come to an end, but rest assured that bitcoin will take a loooong time before that happens. We'll be long gone by then, most likely.

If bitcoin's glory come to an end, so goes on to the other cryptos.

Im very sure of that even people will disagree to my post. First of all, it's useless to fight over with it since we are not yet on the situation. Like I said, altcoins are just made to make profit.
This is a very valid point as you can see when the price of it falls so does the others like in a domino effect.
If it does one day go under so will the Rest of the Cryptos.
That sounds like a title of a really scary horror movie actually.  Cry

Im quiet agree here too.

If ever bitcoin will come to an end, people will be much more less faith in trusting any other cryptos since even bitcoin reached really a great achievement still it's suffer a failure at the end. Idea of transferring into other crypto I think will not be the priority as the output is already seen.

This is one that I have read from news.bitcoin, a good proof that if this currency went down it will be pulling others. In terms of trust or other things. People have been rooting for bitcoin and using other coins for means of getting more profit. So I also agree.

Quote
"Strictly speaking, there are no other fully functioning blockchains apart from Bitcoin; therefore, the Blockchain is Bitcoin. The only alternative to Bitcoin worth mentioning is Ethereum, and it is many orders of magnitude less secure yet, so it is mentioned here only anecdotally. ‘Smart contracts’ – the idea Ethereum boasts adding to the blockchain world – are not “legally binding contracts” in any part of the world, and will probably not be before long."

-Mass Network
iv4n
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September 01, 2016, 06:41:37 AM
 #388

Hard question, when ever we speak about future for me its hard to see what is right and what is wrong. Like all the comments in this topic have some chances to realize in the future in my opinion. Some have more, some less chances but I saw too many surprises in my life and for me everything can happen.
Many times mentioned ethereium is also crypto currency. Why people think eth can replace btc? Isn't there enough space for both? Or even some other crypto also?

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September 01, 2016, 07:38:28 AM
 #389


Bitcoin may be replaced by a different crypto but not in this era. This era is bitcoin's era.
There may come a time that bitcoin's glory will come to an end, but rest assured that bitcoin will take a loooong time before that happens. We'll be long gone by then, most likely.

If bitcoin's glory come to an end, so goes on to the other cryptos.

Im very sure of that even people will disagree to my post. First of all, it's useless to fight over with it since we are not yet on the situation. Like I said, altcoins are just made to make profit.
This is a very valid point as you can see when the price of it falls so does the others like in a domino effect.
If it does one day go under so will the Rest of the Cryptos.
That sounds like a title of a really scary horror movie actually.  Cry

Im quiet agree here too.

If ever bitcoin will come to an end, people will be much more less faith in trusting any other cryptos since even bitcoin reached really a great achievement still it's suffer a failure at the end. Idea of transferring into other crypto I think will not be the priority as the output is already seen.

This is one that I have read from news.bitcoin, a good proof that if this currency went down it will be pulling others. In terms of trust or other things. People have been rooting for bitcoin and using other coins for means of getting more profit. So I also agree.

Quote
"Strictly speaking, there are no other fully functioning blockchains apart from Bitcoin; therefore, the Blockchain is Bitcoin. The only alternative to Bitcoin worth mentioning is Ethereum, and it is many orders of magnitude less secure yet, so it is mentioned here only anecdotally. ‘Smart contracts’ – the idea Ethereum boasts adding to the blockchain world – are not “legally binding contracts” in any part of the world, and will probably not be before long."

-Mass Network


And with the succesful progress of bitcoin today who else will think that it will suffer a downfall? If ever that will happen same thinking will be put on the bitcoin users and that is, it will pull down also the alts.

Im really not a fanatic of ETH as being one of the good contenders but I trades ETH to for profit purposes. Yes it has been kicking to the point that it surpass the LTC but still not a factor to replace bitcoin even for decades to come.

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September 01, 2016, 07:47:19 AM
 #390

That will be really hard to say but in my own opinion, if its going to happen at all, I dont see it happening anytime soon because BITcoin has grown so well that other coins are only relying on it for relevance but that is the future in which no one can really say...
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September 01, 2016, 07:48:34 AM
 #391

Monero is just another crypto-currency, but I highly doubt it has enough backing behind it to trump bitcoin. I really don’t think any other altcoin can beat bitcoin at this moment. With my little knowledge, I do not expect any tough competitor from altcoins.

But there is a possibility, if something is newly created from scratch (not from bitcoin's basics) and that too have enough facilities to overcome bitcoin's. I guess in near future it will not be possible unless aliens are not ready to help on this.
Yes, Moneros has some power within it still it is so small. I think that if it were upsizes it would be harder to remain the same and may end up with huge dumping then I highly doubt it will remain just another average altcoin. I too want to shout here, bitcoin will not be replaced by any "thing" for sure.

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September 01, 2016, 08:12:11 AM
 #392

I do not think it will happen but it is possible, but i think it will takes a long time to happen because as we can see the value of bitcoin was too great right now and there are more investor continuous to invest in bitcoin that will helps bitcoin on the top of crypto world.
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September 01, 2016, 08:19:15 AM
 #393

Hard question, when ever we speak about future for me its hard to see what is right and what is wrong. Like all the comments in this topic have some chances to realize in the future in my opinion. Some have more, some less chances but I saw too many surprises in my life and for me everything can happen.
Many times mentioned ethereium is also crypto currency. Why people think eth can replace btc? Isn't there enough space for both? Or even some other crypto also?

People follow the volatility and profitability of certain coins. If in this case Ethereum brings them profits in the time that Bitcoin is slow and barely moving, then of course they hype up Ethereum. People haven't been any different. From the very beginning of my time in crypto people have always been running to the coin(s) with the most volatility. If it gives them profit, then it's a fantastic coin according to them, but if the party is over, then they drop that coin real hard and move to the next target.
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September 01, 2016, 08:38:44 AM
 #394

Monero is just another crypto-currency, but I highly doubt it has enough backing behind it to trump bitcoin. I really don’t think any other altcoin can beat bitcoin at this moment. With my little knowledge, I do not expect any tough competitor from altcoins.

But there is a possibility, if something is newly created from scratch (not from bitcoin's basics) and that too have enough facilities to overcome bitcoin's. I guess in near future it will not be possible unless aliens are not ready to help on this.
Yes, Moneros has some power within it still it is so small. I think that if it were upsizes it would be harder to remain the same and may end up with huge dumping then I highly doubt it will remain just another average altcoin. I too want to shout here, bitcoin will not be replaced by any "thing" for sure.
But I do see many people are interested in altcoins because there is still a possibility of them taking off similar to bitcoin's huge price levels but as things stand now I don’t think that will come to fruition anytime soon. People may have different opinion and try different things, but I too believe bitcoin will stay strong.
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September 01, 2016, 08:43:39 AM
 #395

Monero is just another crypto-currency, but I highly doubt it has enough backing behind it to trump bitcoin. I really don’t think any other altcoin can beat bitcoin at this moment. With my little knowledge, I do not expect any tough competitor from altcoins.

But there is a possibility, if something is newly created from scratch (not from bitcoin's basics) and that too have enough facilities to overcome bitcoin's. I guess in near future it will not be possible unless aliens are not ready to help on this.
Yes, Moneros has some power within it still it is so small. I think that if it were upsizes it would be harder to remain the same and may end up with huge dumping then I highly doubt it will remain just another average altcoin. I too want to shout here, bitcoin will not be replaced by any "thing" for sure.
But I do see many people are interested in altcoins because there is still a possibility of them taking off similar to bitcoin's huge price levels but as things stand now I don’t think that will come to fruition anytime soon. People may have different opinion and try different things, but I too believe bitcoin will stay strong.
Of course, no doubt about that, if altcoins will succeed that could happen but it would never surpass the success of bitcoin. Bitcoin is the most powerful currency in the crypto world and it will remain even in the future, they will work hand in hand with bitcoins so the who crypto community will be successful with their move to invest.

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Xester
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September 01, 2016, 08:59:36 AM
 #396

I do not think it will happen but it is possible, but i think it will takes a long time to happen because as we can see the value of bitcoin was too great right now and there are more investor continuous to invest in bitcoin that will helps bitcoin on the top of crypto world.

With the unstable conditions of other cryptocurrencies it is possible for other cryptocurrencies to take over bitcoin in the virtual currency world. Bitcoin has become more stronger and become the standard for cryptocurrency economy, all other currencies are now dependent to bitcoin. But who knows, the future is unclear and full of surprises maybe in the future it may happen.
marleybobthedog
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September 01, 2016, 10:45:00 AM
 #397

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?

No this won't happen because bitcoin is already famous world wide and millions of people is using this coin. If it has to be replaced by other coin then only way is  there That is to launch another coin and wait till that coin gets famous like bitcoin.
Westinhome
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September 04, 2016, 05:39:34 PM
 #398

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?

No this won't happen because bitcoin is already famous world wide and millions of people is using this coin. If it has to be replaced by other coin then only way is  there That is to launch another coin and wait till that coin gets famous like bitcoin.

I think so. The bitcoin is the most popular digital coin now. If there is no big bug in the development, it will stiil be the number one coin.
co5hike
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September 04, 2016, 05:47:21 PM
 #399

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?

No this won't happen because bitcoin is already famous world wide and millions of people is using this coin. If it has to be replaced by other coin then only way is  there That is to launch another coin and wait till that coin gets famous like bitcoin.

I think so. The bitcoin is the most popular digital coin now. If there is no big bug in the development, it will stiil be the number one coin.

The popularity of bitcoin is limited to digital world, not everyone knows about bitcoin but when it comes to crypto currency I think bitcoin is the best and it has no competition around.
Enternity
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September 05, 2016, 12:09:43 PM
 #400

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?

No this won't happen because bitcoin is already famous world wide and millions of people is using this coin. If it has to be replaced by other coin then only way is  there That is to launch another coin and wait till that coin gets famous like bitcoin.

I think so. The bitcoin is the most popular digital coin now. If there is no big bug in the development, it will stiil be the number one coin.

The popularity of bitcoin is limited to digital world, not everyone knows about bitcoin but when it comes to crypto currency I think bitcoin is the best and it has no competition around.

For the time being, it has no competition. But in the future, it will have some competion. Examples are the Ethereum and Monero.
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