Will Bitcoin be replaced by another cryptocurrency?

[Jafri101]

Bitcoin's price is flying and rising with rocket speed.. i think bitcoin will survive always as the leader while it may have competitor but i think bitcoin is the most expensive and most well-known coin in crypto currencies. So it will stay as it is..

[Kadal Ijo]

Since the first bitcoin, certainly everyone will turn and only know about bitcoin. the more cryptocurrency of course more and make popular bitcoin.

[coinsmanager]

I don't think this will happen, to be honest. It is possible that cryptos with significant improvements may arise, allowing faster transactions, anonymous transactions among other improvements... but I think it will be difficult for them to reach the level of decentralization and the network effect of Bitcoin.
In addition, this will depend on whether or not such improvements can be implemented in Bitcoin.

[Twilight Equinox]

I doubt it'll be replaced. The most I'm guessing that will happen would be inflation in the market, and some other cryptocurrency rise above the value of bitcoins for the time being, but bitcoins would still take 1st place on the average in terms of value

[Japinat]

I doubt it'll be replaced. The most I'm guessing that will happen would be inflation in the market, and some other cryptocurrency rise above the value of bitcoins for the time being, but bitcoins would still take 1st place on the average in terms of value

The future is certainly beyond our control, time will come and if that happens I believe Ethereum will take place as the top Altcoins to replace bitcoin as IMO it's the most population altcoin now. I even invest now since the price is very low and I have witnessed it has gone up BTC0.03 +.

Ethereum is a clear opposite of bitcoin, as when the price of bitcoin increases ETH drops, so the failure of bitcoin will be its success.

[abel1337]

Since the first bitcoin, certainly everyone will turn and only know about bitcoin. the more cryptocurrency of course more and make popular bitcoin.

I agree to you , Bitcoin will be famous if new altcoins was launch. We use bitcoins to trade altcoins. On exchange bitcoin is the most picked currency that is used on trading altcoins there.

[MingLee]

Since the first bitcoin, certainly everyone will turn and only know about bitcoin. the more cryptocurrency of course more and make popular bitcoin.

I agree to you , Bitcoin will be famous if new altcoins was launch. We use bitcoins to trade altcoins. On exchange bitcoin is the most picked currency that is used on trading altcoins there.

It's a lot easier to trade Bitcoin back and forth for altcoins, although trading with the USD would likely be better because the USD is considerably more stable and would provider a better look into whether the altcoin was becoming more valuable or whether it was losing value, instead of speculation about the altcoin plus speculation about Bitcoin's price.

[shinratensei_]

Since the first bitcoin, certainly everyone will turn and only know about bitcoin. the more cryptocurrency of course more and make popular bitcoin.

I agree to you , Bitcoin will be famous if new altcoins was launch. We use bitcoins to trade altcoins. On exchange bitcoin is the most picked currency that is used on trading altcoins there.

The bitcoin ecosystem still have a limitation.
This will be different if we have looked about the future of the crypto nation.
Even bitcoin still be the strongest one right now, but don't forget.
Crypto nation
The government support
Unlimited funding
Easy for an implement with their civilians.

[naidray]

Bitcoin's price is flying and rising with rocket speed.. i think bitcoin will survive always as the leader while it may have competitor but i think bitcoin is the most expensive and most well-known coin in crypto currencies. So it will stay as it is..

With the bitcoin becoming more expensive and harder to mine, people who are new to it find it very difficult to get their hands on it, especially if they don’t have the money for it, so their option is to switch to other crypto currencies and try to mine those and then hopefully exchange them into bitcoin, but that does not mean that they will replace bitcoin.

[ruselbd]

Nothing is inconceivable, yet it is a hard occupation to supplant bitcoin by whatever other crypto coin on the grounds that bitcoin is pioneer in the crypto world. Bitcoin demonstrated the world what crypto coin is.

So it won't be a simple undertaking to supplant the pioneer. Yet, you never know.

[Senor.Bla]

Nothing is inconceivable, yet it is a hard occupation to supplant bitcoin by whatever other crypto coin on the grounds that bitcoin is pioneer in the crypto world. Bitcoin demonstrated the world what crypto coin is.

So it won't be a simple undertaking to supplant the pioneer. Yet, you never know.

Bitcoin was the first Cryptocoin that was really usable, so many see it as the first one. But many companies that can count as the pioneers were later surpassed by an innovator that was better. This usually can take some years because of the head start of the pioneer, so i think it is possible.   

[BeManga]

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?

for me i think its impossible but who knows
maybe when bitcoin stop confirming transaction or get some problem
but as long as its keep working it really impossible

[Positid]

Nothing is inconceivable, yet it is a hard occupation to supplant bitcoin by whatever other crypto coin on the grounds that bitcoin is pioneer in the crypto world. Bitcoin demonstrated the world what crypto coin is.

So it won't be a simple undertaking to supplant the pioneer. Yet, you never know.

Bitcoin was the first Cryptocoin that was really usable, so many see it as the first one. But many companies that can count as the pioneers were later surpassed by an innovator that was better. This usually can take some years because of the head start of the pioneer, so i think it is possible.   

Like it's important to support bitcoin because we make bitcoin a success, it's not own by a company or a certain group and it's clear that we want to use it as evidenced by the progressive price of bitcoin.

[deisik]

I doubt it'll be replaced. The most I'm guessing that will happen would be inflation in the market, and some other cryptocurrency rise above the value of bitcoins for the time being, but bitcoins would still take 1st place on the average in terms of value

The future is certainly beyond our control, time will come and if that happens I believe Ethereum will take place as the top Altcoins to replace bitcoin as IMO it's the most population altcoin now. I even invest now since the price is very low and I have witnessed it has gone up BTC0.03 +.

Ethereum is a clear opposite of bitcoin, as when the price of bitcoin increases ETH drops, so the failure of bitcoin will be its success.

All altcoins are typically falling in BTC when Bitcoin rises

So there is absolutely no reason to think that if Bitcoin fails at the end of the day, it will be success for Ethereum, or any other altcoin for that matter. People were telling basically the same through years after first altcoins emerged. Litecoin, Ripple, BitShares, and now Ethereum which is hyped to be a Bitcoin successor. In a year or so, when everyone forgets about it, a new killer altcoin will certainly spring up, only to end up as ingloriously as all previous endeavors at dethroning Bitcoin ended

[tee-rex]

Bitcoin's price is flying and rising with rocket speed.. i think bitcoin will survive always as the leader while it may have competitor but i think bitcoin is the most expensive and most well-known coin in crypto currencies. So it will stay as it is..

With the bitcoin becoming more expensive and harder to mine, people who are new to it find it very difficult to get their hands on it, especially if they don’t have the money for it, so their option is to switch to other crypto currencies and try to mine those and then hopefully exchange them into bitcoin, but that does not mean that they will replace bitcoin.

How is it more difficult to get your hands on Bitcoin if you can still buy as little as a few dollars' worth of bitcoins? Of course, you will have to shell out for almost a thousand dollars if you want a whole bitcoin, but you can easily buy only 0.001 of that amount. If you are going to buy altcoins, I don't think it would be any different since you would again have to spend the same fiat money.

[hajimasan]

Bitcoin's price is flying and rising with rocket speed.. i think bitcoin will survive always as the leader while it may have competitor but i think bitcoin is the most expensive and most well-known coin in crypto currencies. So it will stay as it is..

With the bitcoin becoming more expensive and harder to mine, people who are new to it find it very difficult to get their hands on it, especially if they don’t have the money for it, so their option is to switch to other crypto currencies and try to mine those and then hopefully exchange them into bitcoin, but that does not mean that they will replace bitcoin.

How is it more difficult to get your hands on Bitcoin if you can still buy as little as a few dollars' worth of bitcoins? Of course, you will have to shell out for almost a thousand dollars if you want a whole bitcoin, but you can easily buy only 0.001 of that amount. If you are going to buy altcoins, I don't think it would be any different since you would again have to spend the same fiat money.

Here is a big thing to think that in the Bitcoin market there is no one official owner of BTC  , So it is possible that one can make own coin by investment of huge amount of money and then he will say here in this coin I am owner but in bitcoin who is owner and where you will go if any problem take with you regarding bitcoin .
In this way probability of replacing coin by other new coin is seems to possible .

[R3ffun]

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?

i do not think so , all cryptocurrency centered by bitcoin and all alt coin stay rule bitcoin..

[ytrman]

Bitcoin's price is flying and rising with rocket speed.. i think bitcoin will survive always as the leader while it may have competitor but i think bitcoin is the most expensive and most well-known coin in crypto currencies. So it will stay as it is..

Yeah and the only coin I saw with the potential of bitcoins was ethereum but anyways its just another successor of bitcoins and in no way dominate bitcoins because its over is determined by bitcoins and obviously its impossible to overshadow bitcoins.

[MicroGuy]

Bitcoin's price is flying and rising with rocket speed.. i think bitcoin will survive always as the leader while it may have competitor but i think bitcoin is the most expensive and most well-known coin in crypto currencies. So it will stay as it is..

Bitcoin will always be the original cryptocurrency, but it's highly unlikely to remain in its dominant position.

Most likely over the coming decades it will be surpassed by others. This is part of the healthy and natural evolution of the protocol.

[delliaerd]

Bitcoin's price is flying and rising with rocket speed.. i think bitcoin will survive always as the leader while it may have competitor but i think bitcoin is the most expensive and most well-known coin in crypto currencies. So it will stay as it is..

Bitcoin will always be the original cryptocurrency, but it's highly unlikely to remain in its dominant position.

Most likely over the coming decades it will be surpassed by others. This is part of the healthy and natural evolution of the protocol.

Those reason that you two texted is correct, I am agree with that. Even ETH is attracts sime people but the amount of the transaction is still lower than bitcoin. So many countries were regulated bitcoin as currency, thats mean they thrust to bitcoin. I am sure more countries will follow them. Bitcoin is the original one and other cryptocurrency is only the alternative.