Will Bitcoin be replaced by another cryptocurrency?

[Crypt0kn1ght]

It's really possible. BTC was the first one... but not always your first GF becomes your wife )

[SpeedyCapo]

i dont think so that another one will have the power bitcoin exist for a while now and has been trough some stuff and probably people are not interested to invest all their time and money in a new cryptocurrency again. also bitcoin has some big investors right now which will not just move to the new one straight away theres alot of money sitting in btc already

[danherbias07]

It's really possible. BTC was the first one... but not always your first GF becomes your wife )

What a hell of a description. Of course not but to some people it is. If it is loved the way it should be then it will stay. Just like bitcoin too right? Sorry I answered you the same way you did it.

[iqlimasyadiqa]

It's really possible. BTC was the first one... but not always your first GF becomes your wife )

of course, is the pioneer of digital currency bitcoin today. bitcoin will persist until some time later. when bitcoin can be replaced by altcoin, then the future of digital currency would end.

[chixka000]

I guess all the exchanger sites right now , you cant even see any other crypto currency that has a 50% price on bitcoin so i think that this is merely possible even in the future

it's really possible in the future that some another cryptocurrency could even replace bitcoin it's just depend on how techonologies are getting developed years by years,as you see so many altcoin now offering so many features and unique features always getting developed,it's just matter about the time but i think it's still far away for another cryptocurrency to take over bitcoin place

But bitcoin has really a strong value on the market right now and theyve also  build a much stronger community so the probabiloty was really really low. Unless if  all the users switches which is really impossible for me

maybe someday in the future if the coins that can replace bitcoin. because the development of technology continues to evolve. but as long bitcoin more solid and stronger in the future, I'm sure there will be no  another cryptocurrency replace bitcoin. so it depends on bitcoin.

As you have said that technology would keep on evolving bitcoin would for sure will still continue to ne even stronger in the future and thats for sure as long as we keep on supporting it

[Senor.Bla]

It's really possible. BTC was the first one... but not always your first GF becomes your wife )

of course, is the pioneer of digital currency bitcoin today. bitcoin will persist until some time later. when bitcoin can be replaced by altcoin, then the future of digital currency would end.

i like the comparison with the girlfriend/wife.
the thing with technology is that the first one to the table is usually a big one for the early time being, but after some years often with bad decisions, where a different product/company is better this changes. yes, if there is a better coin than there might be no bitcoin in the future, but surly not for the next few years.

[agustina2]

of course, is the pioneer of digital currency bitcoin today. bitcoin will persist until some time later. when bitcoin can be replaced by altcoin, then the future of digital currency would end.

Exactly as it is. If bitcoin will become a fail one all of cryptos will suffer too and because that is the main thing no such replacement will happen.

A crash bitcoin means a crash of cryptocurrency and it will never bring back the support it already received by the community.

[Altynbekova]

yes they will eventually be replaced when bitcoin dies out because everything is just a buy and sell circle which can not last forever and when that happens then the next biggest crypto will take over the market and the story will repeat until one crypto manages to get stable and alot of people using it then it has long term chances.

[Noctis Connor]

you never know

even on bitcoin website it say that in the future it can be possible for another currency to beat bitcoin

Well for me Noo even you guys predict that bitcoin will reply another currency and for me those alt coin are alive because of what? because of bitcoin alt coins are depending on bitcoin if someday other coin will be price at 1000 dollar probably bitcoin will beat by this currency but for now no one can beat bitcoin

[JumperX]

of course, is the pioneer of digital currency bitcoin today. bitcoin will persist until some time later. when bitcoin can be replaced by altcoin, then the future of digital currency would end.

Exactly as it is. If bitcoin will become a fail one all of cryptos will suffer too and because that is the main thing no such replacement will happen.

A crash bitcoin means a crash of cryptocurrency and it will never bring back the support it already received by the community.

Yeah if bitcoin dies or disappear in future then many people will loose faith in crypto currencies and will prefer to quit them and there is full possibility of this to happen in future.

[agustina2]

of course, is the pioneer of digital currency bitcoin today. bitcoin will persist until some time later. when bitcoin can be replaced by altcoin, then the future of digital currency would end.

Exactly as it is. If bitcoin will become a fail one all of cryptos will suffer too and because that is the main thing no such replacement will happen.

A crash bitcoin means a crash of cryptocurrency and it will never bring back the support it already received by the community.

Yeah if bitcoin dies or disappear in future then many people will loose faith in crypto currencies and will prefer to quit them and there is full possibility of this to happen in future.

Since bitcoin still crash after such stable stand today no way investors or other people in the community will prefer to use again the art of cryptocurrency.

It's a 100% lose faith since how come a strong currency still failed. So that is also possible for those other alts.

[utkarshm]

I dont think it could ever happen in future that bitcoin being replaced by any other crypto-currency.As of now we see any other crypto-currency has no match with the bitcoin till now.Ethereum promised alot in the start and looking like a good compatitor of bitcoin but it is now too far away from bitcoin so i think bitcoin will rule the crypto-currency world.

[serjent05]

I dont think it could ever happen in future that bitcoin being replaced by any other crypto-currency.As of now we see any other crypto-currency has no match with the bitcoin till now.Ethereum promised alot in the start and looking like a good compatitor of bitcoin but it is now too far away from bitcoin so i think bitcoin will rule the crypto-currency world.

There is always this possibility that someone will  take the seat of bitcoin as the number one cryptocurrency but no one can replace bitcoin in terms of what it has done to the financial and investment world.   Pioneer will always get the credit even if it become obsolete.  But the demise of bitcoin depends on the decision of those who have the authority over the changes and implementations of bitcoin.

[fravia]

I guess all the exchanger sites right now , you cant even see any other crypto currency that has a 50% price on bitcoin so i think that this is merely possible even in the future

it's really possible in the future that some another cryptocurrency could even replace bitcoin it's just depend on how techonologies are getting developed years by years,as you see so many altcoin now offering so many features and unique features always getting developed,it's just matter about the time but i think it's still far away for another cryptocurrency to take over bitcoin place

But bitcoin has really a strong value on the market right now and theyve also  build a much stronger community so the probabiloty was really really low. Unless if  all the users switches which is really impossible for me

will basically that's true bitcoin was the biggest thing all the time and it had the biggest market cap, though I really doubt that it is the biggest because it is the best currency and even if it well remain the biggest it surely does not mean that there will be no better cryptocurrencies in the future and I can almost guarantee that there will be

The main reason why bitcoin is so popular and is the most widely used cryptocurrency is just because it was the first currency that has ever been invented in the digital world and that is crypto and even though I really like it and even have some I think that there are better cryptos for sure

In my opinion it is the only question when bitcoin is going to be conquered by some other crypto, we already see that there are many rivals and they are already really strong, I'm sure that in the future they will be only stronger and bitcoin will have to be updated hard in order to fight for the name of the best cryptocurrency

[Diluman]

I dont think it could ever happen in future that bitcoin being replaced by any other crypto-currency.As of now we see any other crypto-currency has no match with the bitcoin till now.Ethereum promised alot in the start and looking like a good compatitor of bitcoin but it is now too far away from bitcoin so i think bitcoin will rule the crypto-currency world.

There is always this possibility that someone will  take the seat of bitcoin as the number one cryptocurrency but no one can replace bitcoin in terms of what it has done to the financial and investment world.   Pioneer will always get the credit even if it become obsolete.  But the demise of bitcoin depends on the decision of those who have the authority over the changes and implementations of bitcoin.

ZCash could be the one to take the seat of the bitcoin or become a second coin as it offers the anonymity in transaction.

[European Central Bank]

ZCash could be the one to take the seat of the bitcoin or become a second coin as it offers the anonymity in transaction.

huge premine and you have to trust someone to maintain that privacy? that don't sound very promising to me. that's not gonna stop a stupidly high valuation of course. no one seems to care about crypto's principles if there's a smell of pump.

[Westinhome]

ZCash could be the one to take the seat of the bitcoin or become a second coin as it offers the anonymity in transaction.

huge premine and you have to trust someone to maintain that privacy? that don't sound very promising to me. that's not gonna stop a stupidly high valuation of course. no one seems to care about crypto's principles if there's a smell of pump.

There is no premine.

https://forum.z.cash/t/final-zcash-mining-specifications/355

Block time spacing/target spacing: Currently, in testnet, 2.5 minutes, with 12.5 ZEC reward per block. If there are any forthcoming multiplicative changes in block reward, they will be correlated to spacing such that zcash's rate of emission is fixed at an equivalency to Bitcoin's original emission curve, such that 50 ZEC are issued every 10 minutes. This emission curve is finalized, even though the block reward and spacing aren't yet.
github.com/zcash/zcash/issues/142#issuecomment-112935618
However, to protect against instamining and accusations of miner collusion, the zcash team has decided not to apply the above rate of emission right from the genesis block. Instead, ZEC's emission will be subject to a slow start, where the emission curve will gradually ramp up to the full emission rate of 12.5 ZEC per block over the first 20,000 blocks. If there are further adjustments to the block spacing and reward, they will be in such a way that the following equation always remains true:

{# of slow start blocks} * {full block reward} = 250000

[outatime1]

I don't think bitcoin will be replaced, but I think the price will get so high that there will be another cryptocurrency or several that will be used in conjunction with bitcoin. I think there is room for more than one.

[gandame]

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?

Maybe not replaced by any cryptocurrency the bitcoin because it is mainly used to buy our altcoins . And it is also the most main cryptocurrency so hard to be replaced by others . The bitcoin will be used to invest more and can be converted into cash but the other cryptocurrency will need to sell it for use in bitcoin before we convert it.

[Japinat]

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?

Maybe not replaced by any cryptocurrency the bitcoin because it is mainly used to buy our altcoins . And it is also the most main cryptocurrency so hard to be replaced by others . The bitcoin will be used to invest more and can be converted into cash but the other cryptocurrency will need to sell it for use in bitcoin before we convert it.

Bitcoin has already gain popularity therefore it is hard to replace it by new currency, the volume is already big and we are seeing now is the exchanges that accepts bitcoin only.