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batang_bitcoin
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January 19, 2017, 01:59:42 AM |
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I doubt that bitcoin can be replaced by another crypto currency. Bitcoin is number one among crypto currencies. Those others just try to repeat the success of bitcoin. But as I know many crypto that appeared after bitcoin didn't survived till today. I think it's possible future to many others crypto currencies that exist now.
There is only one way to make bitcoin out of its position now. An alt coin that is worthy to replace bitcoin from the top spot in crypto currency must be able to surpass its market cap and that's all. People that will able to see that if there are more potential coins that has a lot of investors will make that coin to pump because of its demand and usage. |
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pinkpanther03
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January 19, 2017, 02:03:04 AM |
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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?
Everything in this world can be possible, Even in Bitcoin though that's the truth and reality were in the long run it can be replace by other cryptocurrency. But it will take a long years or decades before that happen. Because we knew how the community loved bitcoin so much. |
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Drnice
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January 19, 2017, 02:34:10 AM |
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for another crypto currency to replace the present position of bitcoin, that is sounding like a battle that cannot be won, but if possible it will not be easy and it will take that currency a lot of time to make their dreams a reality..
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Mr. Big
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January 19, 2017, 02:40:28 AM |
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for another crypto currency to replace the present position of bitcoin, that is sounding like a battle that cannot be won, but if possible it will not be easy and it will take that currency a lot of time to make their dreams a reality..
Not if that Altcoin is far more perfect than bitcoin... If it has features more than what bitcoin has, then it is possible that an Altcoin could replace bitcoin... But the best is if it is centralized and endorsed by the strongest government in the world as theirs and as a legal digital currency aside from their fiat, then probably it is the one that could replace bitcoin... Lets just prepare to accept that we cannot earn it easy like how we earn bitcoin, for sure, opportunity to earn it is not common...  |
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bitloud
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January 19, 2017, 03:06:48 AM |
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Yes It is possible. Now bitcoin taking some delays for getting confirmations. That is a negative aspect of bitcoin. We can expect more advanced crypto currentcy in upcoming days.
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Ziskinberg
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January 19, 2017, 03:15:49 AM |
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Yes It is possible. Now bitcoin taking some delays for getting confirmations. That is a negative aspect of bitcoin. We can expect more advanced crypto currentcy in upcoming days.
It's not a big problem for bitcoin, maybe in the future since the system will be more loaded due to the increasing adoption, the fee for transaction would be higher. However, you can actually choose to pay a higher fee with the present situation to have your transaction prioritize. The network is just fine but we have to understand the situation. Still, I believe there's a possibility it will be replace but I am not thinking of it now, I am focus on the progress of bitcoin. |
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ReLieD
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January 20, 2017, 08:44:09 AM |
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This topic has been thrived a several times , and the majority of the answers we No.
No other crypto currency will even take the place or overtake Bitcoin.
As for now it is the Best cryptocurrency what so ever .
If the present growth percentage of Bitcoin keeps on increasing in such a way,
it would be impossible for any other crypto currency to ever overcome bitcoin.
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megynacuna
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January 20, 2017, 09:24:18 AM |
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At the moment Bitcoin looks great with everything going for it but even though the task of another cryptocurrency overtaking it looks insurmountable in the foreseeable future it is still possible because of human nature and how we adjust to adopting new things which seem to address the flaws of the current or obsolete things. There are Altcoins that I'm particularly impressed with currently and I know they will keep coming.
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nelson4lov
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January 20, 2017, 09:45:13 AM |
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Yes It is possible. Now bitcoin taking some delays for getting confirmations. That is a negative aspect of bitcoin. We can expect more advanced crypto currentcy in upcoming days.
It's not a big problem for bitcoin, maybe in the future since the system will be more loaded due to the increasing adoption, the fee for transaction would be higher. However, you can actually choose to pay a higher fee with the present situation to have your transaction prioritize. The network is just fine but we have to understand the situation. Still, I believe there's a possibility it will be replace but I am not thinking of it now, I am focus on the progress of bitcoin. Or maybe when The Lightening Network (LP) is fully implemented, We wouldn't have issues waiting for confirmations again. Confirmations can be irritating, No doubt, But Bitcoin still remains on top. If there's ever gonna be a Cryptocurrency that will one day replace bitcoin, Fast confirmations isn't the only thing that cryptocurrency (If there will be) will have in order to be adopted by people as bitcoin is now. |
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Dudeperfect
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January 20, 2017, 10:16:30 AM |
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At the moment Bitcoin looks great with everything going for it but even though the task of another cryptocurrency overtaking it looks insurmountable in the foreseeable future it is still possible because of human nature and how we adjust to adopting new things which seem to address the flaws of the current or obsolete things. There are Altcoins that I'm particularly impressed with currently and I know they will keep coming.
Exactly, I think, it's all about the trust and the potential of any project. Bitcoin has vast popularity and strong market capital just because of the trust. It's not impossible to see any strong competitor of bitcoin in the coming future but I don't think anything like that will happen in next 2 years. We can not deny the fact that cryptocurrency is one of the hot topics in payment system since past few years. |
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Dream 1000 BTC
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January 20, 2017, 10:19:17 AM |
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Bitcoin is the prototype of cryptographic currency, altcoins are competitive with bitcoin, and sometimes offers good solutions for bitcoin, for instance Ethereum's smart contract is the good example, bitcoin's future development will be bitcoin smart contract.
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CoinFoxs
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January 20, 2017, 10:27:48 AM |
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It don't think it make sense that other cryptocurrency make bitcoin out of date and stop their production, we can say that other cryptocurrencies challenege bitcoin by gain their importance in the market and also by gaining trust of people like people trust bitcoin but it completely obsolete bitcoin it is not possibele.
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electronicash
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January 20, 2017, 10:56:23 AM |
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It don't think it make sense that other cryptocurrency make bitcoin out of date and stop their production, we can say that other cryptocurrencies challenege bitcoin by gain their importance in the market and also by gaining trust of people like people trust bitcoin but it completely obsolete bitcoin it is not possibele.
Its actually possible that an altcoin will someday replace BTC. There is nothing special to bitcoin except the demand and the acceptance of merchants to which demand for btc rockets its value. if btc plans for anonymity, i think we'd rather go for XMR. if we go for innovation, we'll go for ETH. |
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Superways
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January 20, 2017, 11:08:24 AM |
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I dont think bitcoin will be replaced but many coins will emerge for exceptional use and bitcoin will be their superior . Bitcoin is the main cryptocurrency at the present and I think it is hard to compete to it and beat bitcoin purpose at this moment.
Yes it was impossible to happen, at any time until bitcoin will never be replaced, although many coins popping up and many people are predicting that eth can replace bitcoin but I do not agree with their opinion. I have seen people think that Ethereum, Monero, zCash, Lisk, and the list goes on, have the potential to replace Bitcoin, but it's nothing more than a wild fantasy. I don't know why people think these coins have even the slightest chance of replacing Bitcoin while these coins aren't any better than all other altcoins that only drive on pumps and dumps. All things these coins have in common is that the developers in question are the real winners here. It's ridiculous how people can be so naive. It's a greed ruled industry. The coins you have mentioned has a good image nowadays and have a good potential to get a good place in crypto world but they do not have that much potential that they will replace bitcoin even do not have the potential that they stand the same as bitcoin. Bitcoin is going much better than all of hese. |
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qiwoman2
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January 20, 2017, 11:16:07 AM |
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I think in the distant future it might be, as technology is sure to advance, but Bitcoin will always be remembered as the pioneer of the digital currency age and the forefather of all others, so will always have a place in everyone's heart, even in the distant future I believe.
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babsalt1975
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January 20, 2017, 11:41:30 AM |
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It is important to note that technological advancement has brought many innovations including currencies. Personally, I don't think any other currency will come in and replace bitcoin. We have had other currency but with the incoming of new ones has not affected them. therefore I think many other currencies will come but bitcoin will have its own share globally
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bitcoinmasterlord
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January 20, 2017, 12:20:21 PM |
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It is important to note that technological advancement has brought many innovations including currencies. Personally, I don't think any other currency will come in and replace bitcoin. We have had other currency but with the incoming of new ones has not affected them. therefore I think many other currencies will come but bitcoin will have its own share globally
Now all online casino's are introducing their own cryptocurrencies, but it will not effect on Bitcoin. Becasue players are exchanging other currencies through bitcoin. Now what happens means this bitcoin will be the main hub to all cryptocurrency. So where ever you go finally we come to bitcoin to convert fiat currency. In future, it may change but it will take a long time. |
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Mr.ExtraOrdinary
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January 20, 2017, 12:42:34 PM |
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I don't think of a specific altcoin that will displace bitcoin from its current hegemony. I prefer to think that sooner rather than later will occur a conjunction of events that might make the bitcoin gradually lose its current value. Remember that even almighty technologic advances gradually were displaced like yahoo or IBM, so it is impossible to think that bitcoin will remain forever.
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Senor.Bla
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January 20, 2017, 12:50:28 PM |
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I don't think of a specific altcoin that will displace bitcoin from its current hegemony. I prefer to think that sooner rather than later will occur a conjunction of events that might make the bitcoin gradually lose its current value. Remember that even almighty technologic advances gradually were displaced like yahoo or IBM, so it is impossible to think that bitcoin will remain forever.
Thank you. Only few see this and i agree that this is a strong possibility. I would even go so far and say that the only thing that is holding this back is the ignorance of Bitcoin users against other coins. Many people do not even understand Bitcoin. Many less know how other coins work. There maybe is a better coin already but nobodies knows since nobody understand this other coins or read about them. The eco system could quickly adopt once we have a successor. |
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canhchuacaro1
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January 20, 2017, 12:53:56 PM |
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Bitcoin may be replaced by a different technology or be superseded but it will take a very long time as Bitcoin is a pioneer in this technology. I think Bitcoin is here to stay for a very long time as paper money has been around for thousands of years.
You can understand Bitcoin by thinking of it as another evolutionary leap, an improvement over fiat money just as fiat money was an improvement over gold. Bitcoin is portable in a way that no other cryptocurrencies will overcome bitcoin anytime soon. May be others follow it
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