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Author Topic: Will Bitcoin be replaced by another cryptocurrency?  (Read 186367 times)
danherbias07
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October 08, 2016, 12:49:30 AM
 #541

In my point of view, there is a possibility that bitcoin will be
replaced by another cryptocurrency. As we all know people/users
also the reasons why bitcoin become popular. And bitcoin become
in demand because of users who brought bitcoin into the world.
Thus, there is a big chance that this will be repalced by another
cryptocurrency since its being manipulated by people also.
yeah it may happen even some time ago had surfaced that etherum arch-rivals for bitcoin, and there are a lot of people to join etherum even etherum daily turnover could reach more than 1200 BTC, but fortunately not in a sliding bitcoin by the popularity of etherum

But Ethereum will never replace bitcoin, ethereum market is manipulated, bitcoin is not or hard to be manipulated.  And I don;t think bitcoin will be replaced by any altcoin if bitcoin can adapt with the situation.  And I believe that bitcoin  will adjust according to the current  needs economically and technically
Yeah people who use etherium and another altcoin is just use it gain their bitcoin by trading. so they buy etherium and then change it back to bitcoin. There are so many new cryptocurrency born and die. Bitcoin is only one which never die, that is the fact. So I do not think that bitcoin will be replaced by another cryptocurrency.

Those altcoins will always die. The other coins are the proof of it. Just this ethereum is taking more time before it gets to the point that they are already rich and can manage to get the ROI and pay their employees retirement fees. It will end also the money is not just enough now.

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goldcoinminer
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October 08, 2016, 02:10:54 AM
 #542

In my point of view, there is a possibility that bitcoin will be
replaced by another cryptocurrency. As we all know people/users
also the reasons why bitcoin become popular. And bitcoin become
in demand because of users who brought bitcoin into the world.
Thus, there is a big chance that this will be repalced by another
cryptocurrency since its being manipulated by people also.
yeah it may happen even some time ago had surfaced that etherum arch-rivals for bitcoin, and there are a lot of people to join etherum even etherum daily turnover could reach more than 1200 BTC, but fortunately not in a sliding bitcoin by the popularity of etherum

But Ethereum will never replace bitcoin, ethereum market is manipulated, bitcoin is not or hard to be manipulated.  And I don;t think bitcoin will be replaced by any altcoin if bitcoin can adapt with the situation.  And I believe that bitcoin  will adjust according to the current  needs economically and technically
Yeah people who use etherium and another altcoin is just use it gain their bitcoin by trading. so they buy etherium and then change it back to bitcoin. There are so many new cryptocurrency born and die. Bitcoin is only one which never die, that is the fact. So I do not think that bitcoin will be replaced by another cryptocurrency.

Those altcoins will always die. The other coins are the proof of it. Just this ethereum is taking more time before it gets to the point that they are already rich and can manage to get the ROI and pay their employees retirement fees. It will end also the money is not just enough now.
Most of the altcoins does not really last long. ETH and XMR are a more legitimate because you ca see that people are trusting their money on the future of this coins. Right now, they are both performing well although XMR are having some kind of price fall back but it will rise back.
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October 08, 2016, 02:40:55 AM
 #543

The bitcoin is the biggest and I also think that it will stay the biggest because its growing very fast and it also has a pretty good future compared with other cryptocurrency's.
I think it will always win from the other ones.
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October 08, 2016, 03:52:03 AM
 #544

The bitcoin is the biggest and I also think that it will stay the biggest because its growing very fast and it also has a pretty good future compared with other cryptocurrency's.
I think it will always win from the other ones.
Other coins will depend on the bitcoin because bitcoin is the first coin in crypto currency or it is the mother of coin. Bitcoin still remain at the top of crypto world considering the un-calculated number of users.
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October 08, 2016, 04:07:04 AM
 #545

The bitcoin is the biggest and I also think that it will stay the biggest because its growing very fast and it also has a pretty good future compared with other cryptocurrency's.
I think it will always win from the other ones.
Other coins will depend on the bitcoin because bitcoin is the first coin in crypto currency or it is the mother of coin. Bitcoin still remain at the top of crypto world considering the un-calculated number of users.
Other coins would be successful if they simply pulled together a community interested in seeing it succeed and got some merchants accepting and exchanging it. Those are two of the biggest barriers to entry for a lot of new coins, and a majority of the time (effectively all the time to be honest) the coins fail to meet both of these standards due to excessive speculation or other failures.
Leonard2016
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October 08, 2016, 04:56:01 AM
 #546

The bitcoin is the biggest and I also think that it will stay the biggest because its growing very fast and it also has a pretty good future compared with other cryptocurrency's.
I think it will always win from the other ones.
Other coins will depend on the bitcoin because bitcoin is the first coin in crypto currency or it is the mother of coin. Bitcoin still remain at the top of crypto world considering the un-calculated number of users.
Other coins would be successful if they simply pulled together a community interested in seeing it succeed and got some merchants accepting and exchanging it. Those are two of the biggest barriers to entry for a lot of new coins, and a majority of the time (effectively all the time to be honest) the coins fail to meet both of these standards due to excessive speculation or other failures.

it is not easy. and you can't just go around gather people and invite them into using your altcoin.
they have to choose to use that altcoin themselves like what people did with bitcoin in early days.
right now we are only interested in altcoins as  way of making quick money from pumps.


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October 08, 2016, 07:07:35 AM
 #547

The bitcoin is the biggest and I also think that it will stay the biggest because its growing very fast and it also has a pretty good future compared with other cryptocurrency's.
I think it will always win from the other ones.
Other coins will depend on the bitcoin because bitcoin is the first coin in crypto currency or it is the mother of coin. Bitcoin still remain at the top of crypto world considering the un-calculated number of users.
Other coins would be successful if they simply pulled together a community interested in seeing it succeed and got some merchants accepting and exchanging it. Those are two of the biggest barriers to entry for a lot of new coins, and a majority of the time (effectively all the time to be honest) the coins fail to meet both of these standards due to excessive speculation or other failures.

it is not easy. and you can't just go around gather people and invite them into using your altcoin.
they have to choose to use that altcoin themselves like what people did with bitcoin in early days.
right now we are only interested in altcoins as  way of making quick money from pumps.
Really, your interest in altcoin is not good for future when you are holding, the dump and pump game that happen in altcoins is only good for short term investment and if we are saying that it can replace bitcoin, that certain coins should have a very good potential to attract the interest and trust of the people.

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October 08, 2016, 07:15:33 AM
 #548

A big no, there are not any alt that has enough potential and features to beat the bitcoin. As well as bitcoin users and marketcap is really big than most of the altcoins which shows the adoption of bitcoin is very high than any alts. Nobody can predict the future however bitcoin may remain number one crypto for next few years.
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October 08, 2016, 07:15:52 AM
 #549

The bitcoin will be the base currency. It is the reserve currency in the digital world and not replaceable.
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October 08, 2016, 07:22:15 AM
 #550

The bitcoin is the biggest and I also think that it will stay the biggest because its growing very fast and it also has a pretty good future compared with other cryptocurrency's.
I think it will always win from the other ones.
Other coins will depend on the bitcoin because bitcoin is the first coin in crypto currency or it is the mother of coin. Bitcoin still remain at the top of crypto world considering the un-calculated number of users.
Other coins would be successful if they simply pulled together a community interested in seeing it succeed and got some merchants accepting and exchanging it. Those are two of the biggest barriers to entry for a lot of new coins, and a majority of the time (effectively all the time to be honest) the coins fail to meet both of these standards due to excessive speculation or other failures.

the most important thing in any crypto currency even bitcoin is the adoption. without it that coin will always remain a pump and dump scheme that people will only buy for short term and dump as soon as they see profit.

luckily with bitcoin this is not the main thing because it can be used with merchants and to buy real stuff. but as long as altcoins are not being accepted by any merchant they remain P&D

Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip.
Whales are those who keep buying the dip.
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October 08, 2016, 09:57:57 AM
 #551

The bitcoin will be the base currency. It is the reserve currency in the digital world and not replaceable.
i agree with you that bitcoin is not replaceable because bitcoin is getting stronger popularity day by day and maximum people adopting bitcoin and you are right that bitcoin will be the base currency and i am also sure that bitcoin will be not replaceable.
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October 08, 2016, 01:29:42 PM
 #552

I don't see any altcoin taking over any time soon. Even ETH, Dogecoin, Litecoin, any coin isn't powerful enough to beat Bitcoin. Bitcoin has always been the base of all altcoins. Without Bitcoins, altcoins might not even be where it is today. In addition, altcoins nowadays are just there for people that are looking for a coin to trade. It doesn't have a use or purpose at all. You just buy altcoins to sell it later for a higher price.

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October 08, 2016, 02:25:31 PM
 #553

at this rate it seems like t's already happening right now.

bitcoin is losing market share at a rapid rate.
I don't know about this 'rapid rate' but some decline is happening because people are thinking that bitcoin is losing ground while in fact it doesn't.
So they spread FUD that BTC can't be upgraded to be better coin, it's old tech etc. - and as a result centrally controlled coins are gaining popularity.  
mastica
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October 08, 2016, 05:01:57 PM
 #554

The only thing that bitcoin cant offer is being anonymous transactions, as all  the deals will show off into the wallet, i dont see it as a problem but as an advantage, with this method you may know how much money you had spent, something with fiat we dont control or do know the ammount.
Diluman
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October 08, 2016, 05:22:59 PM
 #555

The only thing that bitcoin cant offer is being anonymous transactions, as all  the deals will show off into the wallet, i dont see it as a problem but as an advantage, with this method you may know how much money you had spent, something with fiat we dont control or do know the ammount.

The bitcoin is not so anonymous. It is semi anonymous. The major anonyous coin is the Monero.
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October 08, 2016, 06:21:59 PM
 #556

The bitcoin is the biggest and I also think that it will stay the biggest because its growing very fast and it also has a pretty good future compared with other cryptocurrency's.
I think it will always win from the other ones.
yes i also think so, to me bitcoin is not going to be replace by another currency, as it is one of the popular currency of the world in present time, to me bitcoin will replace so many other currencies in itself and not going to be replace by any other currency.
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October 08, 2016, 07:12:53 PM
 #557

I see very very less chance of it happening. Because bitcoin is the pioneer in crypto currency world. The market cap is already huge which shows the interest of the people in bitcoin. So it is hard to replace bitcoin.

But on the other hand I won't say that it is impossible. You may have some other crypto currency which may grow up to bitcoin's level in future but probably that currency won't have the power to replace it. It is just that people will start enjoying the fruits of that currency as well. That will be only good for the crypto currency world only.

Enternity
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October 14, 2016, 05:33:12 PM
 #558

I see very very less chance of it happening. Because bitcoin is the pioneer in crypto currency world. The market cap is already huge which shows the interest of the people in bitcoin. So it is hard to replace bitcoin.

But on the other hand I won't say that it is impossible. You may have some other crypto currency which may grow up to bitcoin's level in future but probably that currency won't have the power to replace it. It is just that people will start enjoying the fruits of that currency as well. That will be only good for the crypto currency world only.

The bitcoin is the first big coin and it is supported by many people and organisation. It will become even bigger.
crairezx20
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October 14, 2016, 06:05:02 PM
 #559

I see very very less chance of it happening. Because bitcoin is the pioneer in crypto currency world. The market cap is already huge which shows the interest of the people in bitcoin. So it is hard to replace bitcoin.

But on the other hand I won't say that it is impossible. You may have some other crypto currency which may grow up to bitcoin's level in future but probably that currency won't have the power to replace it. It is just that people will start enjoying the fruits of that currency as well. That will be only good for the crypto currency world only.

The bitcoin is the first big coin and it is supported by many people and organisation. It will become even bigger.
Yeah it can become more bigger just like this year many happening about bitcoin and more price increase will happen and more investors will come because the adoption is increasing and i think we need more adoption about bitcoin.. here in my country bitcoin is adopted in some company like coins ph.. they are adding more merchant to exchange our bitcoin that we can shop online products and service i already both some dmain using their service and i think they can add more in the future..
Westinhome
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October 17, 2016, 07:08:19 AM
 #560

I see very very less chance of it happening. Because bitcoin is the pioneer in crypto currency world. The market cap is already huge which shows the interest of the people in bitcoin. So it is hard to replace bitcoin.

But on the other hand I won't say that it is impossible. You may have some other crypto currency which may grow up to bitcoin's level in future but probably that currency won't have the power to replace it. It is just that people will start enjoying the fruits of that currency as well. That will be only good for the crypto currency world only.

The bitcoin is the first big coin and it is supported by many people and organisation. It will become even bigger.
Yeah it can become more bigger just like this year many happening about bitcoin and more price increase will happen and more investors will come because the adoption is increasing and i think we need more adoption about bitcoin.. here in my country bitcoin is adopted in some company like coins ph.. they are adding more merchant to exchange our bitcoin that we can shop online products and service i already both some dmain using their service and i think they can add more in the future..

It can become even bigger. But that it depends on the further developmnet of the bitcoin infrastructure.
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