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Author Topic: Will Bitcoin be replaced by another cryptocurrency?  (Read 186364 times)
goldcoinminer
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September 05, 2016, 12:41:18 PM
 #401

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.
There will be no competition because they are created with a unique features and people who supported eth may not support monero, one thing for use we will have a variety of choices in the future that can give us more convenience for online transactions.
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September 05, 2016, 01:08:47 PM
 #402

I don't think so, since btc is an open source and everyone can contribute, I don't think there will be anything that will surpass the btc.

Need some spare btc for a new PC that can at least run Adobe Dreamweaver.

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September 05, 2016, 01:15:11 PM
 #403

I do not know in future but it may happen I am not sure. At present in cryptocurrency world, btc is the leader for all coins. Yes there are many cryptocurrencies there, but no one can touch the Bitcoin price. And the usage of Bitcoin is very easy. All gamblers are like to use this Bitcoin for betting. So I think now no other currency will replace Bitcoin.
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September 05, 2016, 01:15:23 PM
 #404

I don't think so, since btc is an open source and everyone can contribute, I don't think there will be anything that will surpass the btc.
correctly . bitcoin is the initiator of the first digital currency. bitcoin strength has been recognized by various parties that are in the world financial system. I think it would block the appearance of bitcoin is BitcoinX.
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September 05, 2016, 01:56:24 PM
 #405

I do not know in future but it may happen I am not sure. At present in cryptocurrency world, btc is the leader for all coins. Yes there are many cryptocurrencies there, but no one can touch the Bitcoin price. And the usage of Bitcoin is very easy. All gamblers are like to use this Bitcoin for betting. So I think now no other currency will replace Bitcoin.

Actually it is the how many people that it already reached. When a new cryptocurrency is created it needs some people to back it up. Just like litecoin and etherum who have been there for a long time. But still bitcoin is like the mother of all. So it is not possible to happen that they will be stepping on their mother.
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September 05, 2016, 02:18:40 PM
 #406

I do not know in future but it may happen I am not sure. At present in cryptocurrency world, btc is the leader for all coins. Yes there are many cryptocurrencies there, but no one can touch the Bitcoin price. And the usage of Bitcoin is very easy. All gamblers are like to use this Bitcoin for betting. So I think now no other currency will replace Bitcoin.

Actually it is the how many people that it already reached. When a new cryptocurrency is created it needs some people to back it up. Just like litecoin and etherum who have been there for a long time. But still bitcoin is like the mother of all. So it is not possible to happen that they will be stepping on their mother.
Bitcoin is way more better than altcoins you've mentioned, in terms of popularity they cannot beat bitcoin, people are trusting bitcoin now because it was the most dominant of them all, if bitcoin will die the same will also happen to altcoins so they just depend on bitcoin to exist.

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September 05, 2016, 02:23:35 PM
 #407

If no one use bitcoin again or the price of bitcoin dropped really low to $10, maybe bitcoin can be replaced to another cryptocurrency that have higher price than bitcoin.
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September 05, 2016, 02:28:41 PM
 #408

Like it or not, Bitcoin has a longer life expectancy than all of us. It will outlive us, and will be 100+ years old. It is impossible that an advancement in physics is found to be able to deliver Bitcoin's PoW + network effect, its just not going to happen. Bitcoin will live forever through upgrades and sidechains.
rektDude
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September 05, 2016, 02:38:32 PM
 #409

Bitcoins cant be replaced by other cryptocurrencies because everyone is using the bitcoin rigtht now so i dont think other people would love to use an other one right now as you know.
elDano
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September 05, 2016, 02:38:34 PM
 #410

Bitcoins will never be replaced by another token or coin what you all want to call it and that is only because allot of people are now into the bitcoin as you all know so they dont need a new one.
bitcoin-hunter
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September 05, 2016, 02:38:36 PM
 #411

Off course bitcoins can replaced by other cryptocurrencies and that is only because there are allot of peopel interested into coinns right now as you can see by the bitcoin so maybe a new coin is comming up.
Bitcoinbro
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September 05, 2016, 02:45:40 PM
 #412

Bitcoin could be replaced by another cryptocurrency if another one does it better it's that simple.
Just like google copies alot of idea's but just improves them so much that they become the mainstream. Who knows what will happen if there's alot of bitcoin hacking going around maybe another currency will be more safe.
rinhunter
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September 05, 2016, 02:49:39 PM
 #413

Off course bitcoins can replaced by other cryptocurrencies and that is only because there are allot of peopel interested into coinns right now as you can see by the bitcoin so maybe a new coin is comming up.
new coin is coming up anytime but no one can change bitcoin, for some people bitcoin are trusted. because bitcoin is the first cryptocurrency and age bitcoin was already 7 years. CMIIW
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September 05, 2016, 02:50:38 PM
 #414

Off course bitcoins can replaced by other cryptocurrencies and that is only because there are allot of peopel interested into coinns right now as you can see by the bitcoin so maybe a new coin is comming up.

Theres no guarantee that bitcoin would last forever and  theres  also a possibility that it would replaced by other coin but as of now we could see that bitcoin is soo strong  and   too far away from those alts that are newly created but we still dont know what would be the future.

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September 05, 2016, 02:56:50 PM
 #415

Off course bitcoins can replaced by other cryptocurrencies and that is only because there are allot of peopel interested into coinns right now as you can see by the bitcoin so maybe a new coin is comming up.

Theres no guarantee that bitcoin would last forever and  theres  also a possibility that it would replaced by other coin but as of now we could see that bitcoin is soo strong  and   too far away from those alts that are newly created but we still dont know what would be the future.
for me the history of bitcoin so great. it may take hundreds of years to replace bitcoin. at least for a decade we will continue to use digital currency bitcoin as a major. bitcoin such as the Dollar in the real world.
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September 05, 2016, 02:57:42 PM
 #416

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?

May or May not because if a cryptocurrency wanted to replace the bitcoin, first of all it should be used by that much people and big companies. And also alternate crypto are mostly not a big projects and these are easily can be pumped and dumped unlike btc. Im still doubt about few coins now ETH may like LTC. Its also not gona bring big whales.

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September 05, 2016, 03:30:48 PM
 #417

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.
of course bitcoin is the most popular currency right now, i think that in the future it is going to be growing only though it is always possible for it to go down too

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September 05, 2016, 03:49:29 PM
 #418

No bitcoin can't be replaced but other coin could surpass the height of bitcoin but I don't think that will ever happer, yes possible after a century. You just need to put your rational imagination to think why so
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September 05, 2016, 04:29:06 PM
 #419

No bitcoin can't be replaced but other coin could surpass the height of bitcoin but I don't think that will ever happer, yes possible after a century. You just need to put your rational imagination to think why so

Yes it would and cannot be replaced.  We all knew that bitcoin is the base of all other crypto currencies that are on the market right now.  It is the father of every altcoin as it is the first one and it is the most popular.  I also think that some altcoin will not surpass it.  Yeah, still possibke but as of this time it is not.  Maybe we just have to wait for a century for it to happen.
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September 05, 2016, 04:34:30 PM
 #420

I do not know in future but it may happen I am not sure. At present in cryptocurrency world, btc is the leader for all coins. Yes there are many cryptocurrencies there, but no one can touch the Bitcoin price. And the usage of Bitcoin is very easy. All gamblers are like to use this Bitcoin for betting. So I think now no other currency will replace Bitcoin.

Actually it is the how many people that it already reached. When a new cryptocurrency is created it needs some people to back it up. Just like litecoin and etherum who have been there for a long time. But still bitcoin is like the mother of all. So it is not possible to happen that they will be stepping on their mother.

Unless their mother gets old and time comes for her to pass the legacy to her children.  Cheesy
I mean there's no such thing that lasts forever. So while bitcoin is performing well, let us grab every opportunity and do not forget to contribute.
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