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Author Topic: Will Bitcoin be replaced by another cryptocurrency?  (Read 186362 times)
mastica
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November 08, 2016, 04:29:22 PM
 #821

Bitcoin has huge investment as huge support, to replace the king they need to copy it and improve it, even doing such doesnt mean that the copy can replace or hit bitcoin into it.
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November 08, 2016, 09:10:20 PM
 #822

Bitcoin has huge investment as huge support, to replace the king they need to copy it and improve it, even doing such doesnt mean that the copy can replace or hit bitcoin into it.
we live in a world where change can come quickly and it would be a bit of an pain in the a**, but let us say there is a substantial flaw discovered in bitcoin, but we have another coin lined up to pick up right away. 2-3 months would be enough to replace bitcoin. 

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November 09, 2016, 12:38:46 PM
 #823

Bitcoin has huge investment as huge support, to replace the king they need to copy it and improve it, even doing such doesnt mean that the copy can replace or hit bitcoin into it.
we live in a world where change can come quickly and it would be a bit of an pain in the a**, but let us say there is a substantial flaw discovered in bitcoin, but we have another coin lined up to pick up right away. 2-3 months would be enough to replace bitcoin. 
I do agree that one attention can be taken away from something and then be placed into another really fast nowadays. That's why the social trends only last for days. Maybe the same thing might apply to crypto-currencies but I think it's primarily just going on in altcoins. There's no substantial flaw in bitcoins. The only one is the occasional slow transactions but it's not enough reason for another altcoin to take over.

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November 09, 2016, 02:36:10 PM
 #824

I doubt that , however there might be a currency that will do very well more than bitcoin , e.g in fiat world where you have different currencies doing very well

It is quite possible to be replaced by another coin if that coin has a more active community to support it.
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November 09, 2016, 03:18:26 PM
 #825

It's pretty clear that even if there are thousands of altcoins, there are only just a couple of them that are really competing in the market. Altcoins are seen by the whales as something that they pump and dump for profit. Altcoins are seen by traders as something they can buy at a low price, then sell at a high price. Altcoin for the developers is something that they leave whenever they finish collecting the money from the investors, honestly.

That's why bitcoin can never be replaced by another crypto-currency or altcoin. It's something bitcoin users just use to make more bitcoins.

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November 09, 2016, 05:46:47 PM
 #826

Bitcoin has huge investment as huge support, to replace the king they need to copy it and improve it, even doing such doesnt mean that the copy can replace or hit bitcoin into it.
we live in a world where change can come quickly and it would be a bit of an pain in the a**, but let us say there is a substantial flaw discovered in bitcoin, but we have another coin lined up to pick up right away. 2-3 months would be enough to replace bitcoin. 
I do agree that one attention can be taken away from something and then be placed into another really fast nowadays. That's why the social trends only last for days. Maybe the same thing might apply to crypto-currencies but I think it's primarily just going on in altcoins. There's no substantial flaw in bitcoins. The only one is the occasional slow transactions but it's not enough reason for another altcoin to take over.
well there is no problem so far, but if the transactions would double every day, then we would have a problem quite fast. or or maybe someone finds a small exploit and makes some serious damage. not very likely, but this was so for many things that then happened anyway.

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November 09, 2016, 06:08:26 PM
 #827

Bitcoin will only be replace by another cryptocurrency if this cryptocurrency will be able to surpass Bitcoins current features and price. But at this time whenever i look into a new crypto currency most of them are copies of Bitcoin only , They are creating new alt coins but they uses Bitcoin as the benchmark. Also check those new alt coins the price drops very fast unlike Bitcoin the longer it survive the higher the price it can reach.
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November 09, 2016, 07:36:13 PM
 #828

I doubt that , however there might be a currency that will do very well more than bitcoin , e.g in fiat world where you have different currencies doing very well

It is quite possible to be replaced by another coin if that coin has a more active community to support it.
Yes, it is possible i think. but i don't think anyone would support an altcoin over bitcoin. bitcoin is massive and is been used for long time.
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November 09, 2016, 08:55:59 PM
 #829

I doubt that , however there might be a currency that will do very well more than bitcoin , e.g in fiat world where you have different currencies doing very well

I think ETH can pass bitcoin because they have a good coin...
DASH is a promissing coin too however I don't think dash can replace btc.
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November 09, 2016, 09:32:00 PM
 #830

I doubt that , however there might be a currency that will do very well more than bitcoin , e.g in fiat world where you have different currencies doing very well

I think ETH can pass bitcoin because they have a good coin...
DASH is a promissing coin too however I don't think dash can replace btc.

No I do not think this will happen if I have to be honest, I just do not see this happen at all its not not possible..
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November 09, 2016, 09:37:06 PM
 #831

I doubt that bitcoin will be replaced anytime in the next 20 years but i suppose we just never know what is around the corner ? a new tech might make it obsolete
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November 09, 2016, 09:43:59 PM
 #832

I doubt that bitcoin will be replaced anytime in the next 20 years but i suppose we just never know what is around the corner ? a new tech might make it obsolete
Any thing can happen in future but I am not sure bitcoin will be replaced because as we have Gold and many other metals as we will watch Bitcoin and many other alt coins for long time
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November 09, 2016, 10:21:26 PM
 #833

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?

There is the possibility Bitcoin may be replaced, especially if the quantity is lost on dead addresses.  However, in the current use of Bitcoin, there are still the matter of projects using Bitcoin as a foundation for development.  Projects that create a positive image can also leave Bitcoin valuable support to how the public can have more use to cryptocurrency.  History of Bitcoin and what has been accomplished will still be there if it does get replaced.
I don't see how the replacement of bitcoin is linked to coins that cannot be accessed because the user forgot his password besides how are you going to know that the bitcoin in an address is inaccessible or is just there sitting doing nothing because that is what the owner wants.

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November 09, 2016, 10:36:23 PM
 #834

We can spent more times discussing this, but let's fe real here, who expected bitcoin to be created? I found out for this year ago, and before that I didn't even think about something like this can happen.
It's just that anything can happen, I believe in bitcoin don't understand me wrong, I believe bitcoin will last a long time, but I'm opened for new things, and who knows what will happen in 50 years from now, this technology is changing everything each year. In some moments it's very hard to follow that progress, even harder to predict far future.



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November 09, 2016, 10:51:11 PM
 #835

Bitcoin has huge investment as huge support, to replace the king they need to copy it and improve it, even doing such doesnt mean that the copy can replace or hit bitcoin into it.
there are many people who are in bitcoin, and there are millions of dollars each day in the market rotates bitcoin, if altcoin else wants to take over the position of bitcoin then altcoin should have a larger volume
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November 09, 2016, 11:13:00 PM
 #836

Soo some of you does believe bitcoin is what some altcoin, where whales does play with pump and dump? Bitcoin its a currencie very powerful and all the altcoins are traded against it.
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November 09, 2016, 11:42:29 PM
 #837

We can spent more times discussing this, but let's fe real here, who expected bitcoin to be created? I found out for this year ago, and before that I didn't even think about something like this can happen.
It's just that anything can happen, I believe in bitcoin don't understand me wrong, I believe bitcoin will last a long time, but I'm opened for new things, and who knows what will happen in 50 years from now, this technology is changing everything each year. In some moments it's very hard to follow that progress, even harder to predict far future.
Yeah you're right there will be no one who knows the future of bitcoin and you know that technology will always change and grow better. bitcoin were present in the 2000's might look old-fashioned in a few years to come, so it is very likely that bitcoin will be replaced by more sophisticated cryptocurrency, this is just my opinion

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November 10, 2016, 01:50:34 AM
 #838

We can spent more times discussing this, but let's fe real here, who expected bitcoin to be created? I found out for this year ago, and before that I didn't even think about something like this can happen.
It's just that anything can happen, I believe in bitcoin don't understand me wrong, I believe bitcoin will last a long time, but I'm opened for new things, and who knows what will happen in 50 years from now, this technology is changing everything each year. In some moments it's very hard to follow that progress, even harder to predict far future.
Yeah you're right there will be no one who knows the future of bitcoin and you know that technology will always change and grow better. bitcoin were present in the 2000's might look old-fashioned in a few years to come, so it is very likely that bitcoin will be replaced by more sophisticated cryptocurrency, this is just my opinion



Yes it is true that we don't know what will gonna be the new trends to come by the next years because we have to admit that technology is fast changing. And time to time there are many innovations being created making the old ones obsolete. So we have to face the possibility that maybe, time will come that a more advanced cryptocurrency will replace bitcoin. But having a strong belief on bitcoin, and to those people who make updates for its innovation can be an assurance to us that bitcoin will continue for more long years.
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November 10, 2016, 01:55:38 AM
 #839

There is no other coins to replaced bitcoin on the top bitcoin has a good progress since start and the adoption of more people are continuous it also help the great value of bitcoin to lure more people to invest and no other coin like good services of bitcoin.
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November 10, 2016, 06:22:09 AM
 #840

There is no other coins to replaced bitcoin on the top bitcoin has a good progress since start and the adoption of more people are continuous it also help the great value of bitcoin to lure more people to invest and no other coin like good services of bitcoin.
Let's hope for that so we will continue to grow with our investment. In crypto world, everything is full of surprise or unpredictable so we need to be very careful with our judgement. Invest only what you can afford to lose and do not just put your investment in one basket.

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