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Author Topic: Will Bitcoin be replaced by another cryptocurrency?  (Read 186418 times)
airezx20
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October 21, 2016, 02:24:02 PM
 #661

I am not sure that bitcoin could be replaced by other digital currencies. bitcoin digital currency is the first in the world. I still believe bitcoin will be used by everyone in the world and none of interference from other altcoin.

yeah bitcoin is bigger in compare to other digital currencies so I don't think that any other coin has potential to replace bitcoins and even if it happens then it will take long time.
Yes not any other digital currency exists just because of bitcoin and if there was no bitcoin then other crypto-currencies whould also not have existed as well.Just after the success of bitcoin other altcoins came into market but no one has the potential to replace the bitcoins.
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October 21, 2016, 02:45:42 PM
 #662

I do not think that this can even happen, the bitcoin is so big and the altcoins are still pretty small compared with the bitcoin.
Maybe in the far future that this can happen but I do not really believe in that it can happen if I have to be honest.
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October 21, 2016, 03:16:05 PM
 #663

I do not think that this can even happen, the bitcoin is so big and the altcoins are still pretty small compared with the bitcoin.
Maybe in the far future that this can happen but I do not really believe in that it can happen if I have to be honest.

I also think it's impossible to replace bitcoin by another crypto currency. Because Bitcoin is in a strong position which can't be break soon.And Bitcoin is giving customer much facilities than other coin, so I don't think its going to happen.
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October 21, 2016, 03:26:49 PM
 #664

I am not sure that bitcoin could be replaced by other digital currencies. bitcoin digital currency is the first in the world. I still believe bitcoin will be used by everyone in the world and none of interference from other altcoin.

yeah bitcoin is bigger in compare to other digital currencies so I don't think that any other coin has potential to replace bitcoins and even if it happens then it will take long time.
Yes not any other digital currency exists just because of bitcoin and if there was no bitcoin then other crypto-currencies whould also not have existed as well.Just after the success of bitcoin other altcoins came into market but no one has the potential to replace the bitcoins.
No one can be but if bitcoin will going to die or gone the next on the market cap can be the next as bitcoin.
Like ETHEREum its in the 2nd of bitcoin and also supported by coinbase. so if bitcoin will gone ethereum will be the next.

Make crypto as your bank.
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October 21, 2016, 03:54:25 PM
 #665

I do not think that this can even happen, the bitcoin is so big and the altcoins are still pretty small compared with the bitcoin.
Maybe in the far future that this can happen but I do not really believe in that it can happen if I have to be honest.

I also think it's impossible to replace bitcoin by another crypto currency. Because Bitcoin is in a strong position which can't be break soon.And Bitcoin is giving customer much facilities than other coin, so I don't think its going to happen.

And I doubt there are other cryptos that can have the same experience of what bitcoin has been established.

Bitcoin before reaching it's progress as of today really goes into lots of trials and test. No way other cryptos will be like that since the main is always be the main.
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October 21, 2016, 05:25:45 PM
 #666

Nah do not see it happen but of course never say never you never know what could happen so its hard to say what is gonna happen, I think that the bitcoin is growing a lot faster and its already way more popular.
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October 21, 2016, 05:36:50 PM
 #667

It's not impossible for Bitcoin to be replaced by another cryptocurrency. The likelihood, given the network effect, and barring any real viable competitor in addition to some catastrophic failure of bitcoin in some way, seems quite low.
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October 21, 2016, 05:46:34 PM
 #668

No it will not get replaced anytime soon, its just not possible and the bitcoin with it altcoins will never come close to the bitcoin...
I think its not possible and that it also would not be smart to have this at all.
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October 21, 2016, 07:40:59 PM
 #669

I do not think that this can even happen, the bitcoin is so big and the altcoins are still pretty small compared with the bitcoin.
Maybe in the far future that this can happen but I do not really believe in that it can happen if I have to be honest.

I also think it's impossible to replace bitcoin by another crypto currency. Because Bitcoin is in a strong position which can't be break soon.And Bitcoin is giving customer much facilities than other coin, so I don't think its going to happen.
i agree with, you are right that its impossible to replace bitcoin by another crypto currency bitcoin is really very stronger and powerful currency and bitcoin is very useful and popular currency so don't no one can be replace it .
springgers
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October 21, 2016, 09:39:31 PM
 #670

I am not sure that bitcoin could be replaced by other digital currencies. bitcoin digital currency is the first in the world. I still believe bitcoin will be used by everyone in the world and none of interference from other altcoin.

yeah bitcoin is bigger in compare to other digital currencies so I don't think that any other coin has potential to replace bitcoins and even if it happens then it will take long time.

Bitcoin is just 10x bigger than ETH and well, it's a "new" currency...
I'm here just waiting Microsoft invest in the ETH or ETC and make the prices goes to sky.
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October 21, 2016, 10:21:42 PM
 #671

bitcoin will be never replace by another currency because bitcoin is very much stronger and powerful and bitcoin is very useful currency in everywhere for shopping and bitcoin is really very popular crypto currency.
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October 21, 2016, 10:23:27 PM
 #672

I am not sure that bitcoin could be replaced by other digital currencies. bitcoin digital currency is the first in the world. I still believe bitcoin will be used by everyone in the world and none of interference from other altcoin.

yeah bitcoin is bigger in compare to other digital currencies so I don't think that any other coin has potential to replace bitcoins and even if it happens then it will take long time.

Bitcoin is just 10x bigger than ETH and well, it's a "new" currency...
I'm here just waiting Microsoft invest in the ETH or ETC and make the prices goes to sky.

What makes you say that Bitcoin is 10 times bigger than Ethereum? Is it because of the fact that the market capitalization of Bitcoin is 10 times the one from Ethereum? If so, then it's a bad comparison. If not, then please state your explanation as to why Bitcoin is 10 times bigger than Ethereum.

Secondly, Microsoft will not invest into Ethereum as there is no reason/need for them to do so. Just think about it, why would a company worth $461 billion pump their money into something so tiny as Ethereum? Their only interest is the blockchain from Ethereum, and that's it. It doesn't cost them any effort to create their own private version of Ethereum's blockchain.
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October 21, 2016, 10:36:10 PM
 #673

likely no but nothing is impossible
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October 21, 2016, 10:53:16 PM
 #674

I am not sure that bitcoin could be replaced by other digital currencies. bitcoin digital currency is the first in the world. I still believe bitcoin will be used by everyone in the world and none of interference from other altcoin.

yeah bitcoin is bigger in compare to other digital currencies so I don't think that any other coin has potential to replace bitcoins and even if it happens then it will take long time.

Bitcoin is just 10x bigger than ETH and well, it's a "new" currency...
I'm here just waiting Microsoft invest in the ETH or ETC and make the prices goes to sky.

What makes you say that Bitcoin is 10 times bigger than Ethereum? Is it because of the fact that the market capitalization of Bitcoin is 10 times the one from Ethereum? If so, then it's a bad comparison. If not, then please state your explanation as to why Bitcoin is 10 times bigger than Ethereum.

Secondly, Microsoft will not invest into Ethereum as there is no reason/need for them to do so. Just think about it, why would a company worth $461 billion pump their money into something so tiny as Ethereum? Their only interest is the blockchain from Ethereum, and that's it. It doesn't cost them any effort to create their own private version of Ethereum's blockchain.
About the Microsoft are want to invest in the ethereum, and I guess that is a great bullshit in this time I just wanna for waiting about the reliable source of this statement. not about the blockchain of ethereum but the blockchain technology. many companies are want it.

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springgers
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October 21, 2016, 11:00:41 PM
 #675

I am not sure that bitcoin could be replaced by other digital currencies. bitcoin digital currency is the first in the world. I still believe bitcoin will be used by everyone in the world and none of interference from other altcoin.

yeah bitcoin is bigger in compare to other digital currencies so I don't think that any other coin has potential to replace bitcoins and even if it happens then it will take long time.

Bitcoin is just 10x bigger than ETH and well, it's a "new" currency...
I'm here just waiting Microsoft invest in the ETH or ETC and make the prices goes to sky.

What makes you say that Bitcoin is 10 times bigger than Ethereum? Is it because of the fact that the market capitalization of Bitcoin is 10 times the one from Ethereum? If so, then it's a bad comparison. If not, then please state your explanation as to why Bitcoin is 10 times bigger than Ethereum.

Secondly, Microsoft will not invest into Ethereum as there is no reason/need for them to do so. Just think about it, why would a company worth $461 billion pump their money into something so tiny as Ethereum? Their only interest is the blockchain from Ethereum, and that's it. It doesn't cost them any effort to create their own private version of Ethereum's blockchain.

Yes, 10x on marketcap... 10 billions x 1 billion

Here's some news about Microsoft and ETC https://news.bitcoin.com/microsoft-looks-rebel-ethereum-classic/

Microsoft is big because they know where to invest Wink
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October 21, 2016, 11:04:36 PM
 #676

I do not think that this can even happen, the bitcoin is so big and the altcoins are still pretty small compared with the bitcoin.
Maybe in the far future that this can happen but I do not really believe in that it can happen if I have to be honest.

I also think it's impossible to replace bitcoin by another crypto currency. Because Bitcoin is in a strong position which can't be break soon.And Bitcoin is giving customer much facilities than other coin, so I don't think its going to happen.
i agree with, you are right that its impossible to replace bitcoin by another crypto currency bitcoin is really very stronger and powerful currency and bitcoin is very useful and popular currency so don't no one can be replace it .
many people say that the current bitcoin is very strong and has a very good power, but is it possible that power could be reduced? of course maybe all this will depend on the user, if many users leave bitcoin, bitcoin certainly will be weak and quite possibly could be replaced


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October 21, 2016, 11:28:36 PM
 #677

There is no law that Bitcoin could not be replaced by some other coin some day. Presently, I do not see a real competitor but who knows which coins will be created in the future. Monero or Ethereum are candidates whereas Eth has a different nature compared to Bitcoin. Upcoming ZCash could also be a candidate. We will see in the future. By now, Bitcoin is king in crypto land  Smiley

I do not think that this can even happen, the bitcoin is so big and the altcoins are still pretty small compared with the bitcoin.
Maybe in the far future that this can happen but I do not really believe in that it can happen if I have to be honest.
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October 21, 2016, 11:53:29 PM
 #678

I don't think that happens, and if so happens this possibility is far for now. even with ethereum, the bitcoin has remained strong and I hope it stays that way for at least a decade.

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October 21, 2016, 11:59:16 PM
 #679

I don't think that happens, and if so happens this possibility is far for now. even with ethereum, the bitcoin has remained strong and I hope it stays that way for at least a decade.

Yes, bitcoin is still strong but one day if some features of bitcoin is gone,it is very possible that it will be replace by another cryptocurrency when the community shift the coins they supported. For example when charges is high,when it is controlled by government etc..

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October 22, 2016, 12:48:47 AM
Last edit: October 22, 2016, 01:54:47 AM by delliaerd
 #680

I don't think that happens, and if so happens this possibility is far for now. even with ethereum, the bitcoin has remained strong and I hope it stays that way for at least a decade.

Yes, bitcoin is still strong but one day if some features of bitcoin is gone,it is very possible that it will be replace by another cryptocurrency when the community shift the coins they supported. For example when charges is high,when it is controlled by government etc..
I did not find the better benefits of using altcoin include etherium than bitcoin. their advantage is just the same. no faster transaction confirmation, no safer security, no more potential thing than using bitcoin. but the one thing I ever know that bitcoin can not be replaced by another crypto currency becouse bitcoin still have so many devootee and it price still going up. bitcoin strenght is depend on people oppinion that affect the market cap. the future of bitcoin is look better and better. we have to be still thrust to bitcoin.

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