Will Bitcoin be replaced by another cryptocurrency?

[shinratensei_]

there is nothing  in the world which is impossible if we got anything better than this then why not . we will switch to that cryptocurrency and even thought we still having a huge issue with the transacton fees which is hardly taking away a big money like you have to pay a precious price if you want to deal. it feels like i am dealing with devels of hells

in fact any thing is possible but nothing is so easy.i think bitcoin is the number one currency of the world and will remain as number one currency and nothing can replace bitcoin in near future.

Nope, it was so far from the prime currency, the scaling problem, and to others were preventing it from being the price currency. bitcoin still need a lot of the improvement and if the block can validating a lot of the transaction in one time and i think it will be possible.

[delliaerd]

There are few cryptos what are on market from long time maybe will some few more but thay will exist together with bitcoin,it is any problem it is even very good to have some real strong alternatives

Yes I agree the other cryptocurrency will only being second choice and still exist. Compared with other cryptocurrency, bitcoin enthusiasts still more. Many features are attractive for investors bitcoin or bitcoin users, such as halving every 4 years, of course this may not be owned by another crypto currency. I think the creator of bitcoin has taken into account everything that bitcoin currency can be good for each period. Flow fiat that was changed to bitcoin is very high, beating other cryptocurrency.

[BeGoods]

There are few cryptos what are on market from long time maybe will some few more but thay will exist together with bitcoin,it is any problem it is even very good to have some real strong alternatives

maybe like litecoin, dogecoin, this coin have lived long time enough to exist and live together with bitcoin, but these coins would not be able to replace bitcoin. has proven that users prefer to use bitcoin

[Schuyler]

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?

Bitcoin possible obsolete by other coins but not this short period of time.Bitcoin replaced if no one using it.  As long as many consumers believe in bitcoin it will remain number 1.

[Xester]

There are few cryptos what are on market from long time maybe will some few more but thay will exist together with bitcoin,it is any problem it is even very good to have some real strong alternatives

Yes I agree the other cryptocurrency will only being second choice and still exist. Compared with other cryptocurrency, bitcoin enthusiasts still more. Many features are attractive for investors bitcoin or bitcoin users, such as halving every 4 years, of course this may not be owned by another crypto currency. I think the creator of bitcoin has taken into account everything that bitcoin currency can be good for each period. Flow fiat that was changed to bitcoin is very high, beating other cryptocurrency.

Bitcoin has established a strong foundation and that is good price inflation and confident and trust from users. Though bitcoin is volatile but we can be certain that we will not leave crying but walking happily as price inflation is the thing that bitcoin has provided to its investors since 2009. Other alternative currency can no longer replace bitcoin in any kind of manner and strategy they are using. Bitcoin is the cryptocurrency of the people and nothing can replace it.

[gembitz]

https://bittrex.com/Market/Index?MarketName=BTC-BTA

^baby bitcoins like BTA BTB BTC BTD all safe bets ...ha :-D

[Jewell]

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?

Bitcoin possible obsolete by other coins but not this short period of time.Bitcoin replaced if no one using it.  As long as many consumers believe in bitcoin it will remain number 1.

i do not think that it will be every possible to replace bitcoin by another coin. i think bitcoin will continue for ever as it is the best currency of the world so far and still there is not any currency so near to it.

[jossiel]

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?

Bitcoin possible obsolete by other coins but not this short period of time.Bitcoin replaced if no one using it.  As long as many consumers believe in bitcoin it will remain number 1.

i do not think that it will be every possible to replace bitcoin by another coin. i think bitcoin will continue for ever as it is the best currency of the world so far and still there is not any currency so near to it.

I don't think that it will happen too. Looking upon the market cap of bitcoin it's very impossible that another popped out coin will just replace it.

And seeing the next to it which is ETH is still very far to replace bitcoin. So I really don't think that it will be ever replaced.

That's the aim of most alt devs.

[_nur]

yes

research on tezos

the protocol is capable to be the last public blockchain

[poplolnman]

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?

Bitcoin possible obsolete by other coins but not this short period of time.Bitcoin replaced if no one using it.  As long as many consumers believe in bitcoin it will remain number 1.

i do not think that it will be every possible to replace bitcoin by another coin. i think bitcoin will continue for ever as it is the best currency of the world so far and still there is not any currency so near to it.

I don't think that it will happen too. Looking upon the market cap of bitcoin it's very impossible that another popped out coin will just replace it.

And seeing the next to it which is ETH is still very far to replace bitcoin. So I really don't think that it will be ever replaced.

That's the aim of most alt devs.

i wouldn't say it's impossible, it could happened anytime but so far i can't see there is a high possibility for altcoin like ethereum or litecoin could replace bitcoin position as a center of cryptocurrency. but you know everything could changes as time goes by , i just think not for now.

[Harlot]

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?

Bitcoin possible obsolete by other coins but not this short period of time.Bitcoin replaced if no one using it.  As long as many consumers believe in bitcoin it will remain number 1.

i do not think that it will be every possible to replace bitcoin by another coin. i think bitcoin will continue for ever as it is the best currency of the world so far and still there is not any currency so near to it.

I don't think that it will happen too. Looking upon the market cap of bitcoin it's very impossible that another popped out coin will just replace it.

And seeing the next to it which is ETH is still very far to replace bitcoin. So I really don't think that it will be ever replaced.

That's the aim of most alt devs.

i wouldn't say it's impossible, it could happened anytime but so far i can't see there is a high possibility for altcoin like ethereum or litecoin could replace bitcoin position as a center of cryptocurrency. but you know everything could changes as time goes by , i just think not for now.

The only way I see Bitcoin being replace by another cryptocyrrency is when Bitcoin is banned all over the world, therefor making another altcoin to be the main cryptocurrency to represent them. Bitcoin as of now is the most successful virtual money out there and it is still developing. We may now know when it will mature, but that is the time when a new player can come in and replace Bitcoin.

[FlightyPouch]

There are few cryptos what are on market from long time maybe will some few more but thay will exist together with bitcoin,it is any problem it is even very good to have some real strong alternatives

I think bitcoin will stay forever as a cryptocurrency and noone will replace it. Because bitcoin is a really efficient crypto and even there a lot of others that are being created they are still being called alt coins.
Lets say there are new created and being piqued of interest by many people, yes it will be popular, but bitcoin will be standing there a top of that alt coin. I think nothing can replace bitcoin by another cryptocurrency.

[Drnice]

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?

it might be hard to tell for now if that can happen now but as time goes on... but it will be defficult for another crypto currency to come up one day to beat down bitcoin...

[Senor.Bla]

There are few cryptos what are on market from long time maybe will some few more but thay will exist together with bitcoin,it is any problem it is even very good to have some real strong alternatives

I think bitcoin will stay forever as a cryptocurrency and noone will replace it. Because bitcoin is a really efficient crypto and even there a lot of others that are being created they are still being called alt coins.
Lets say there are new created and being piqued of interest by many people, yes it will be popular, but bitcoin will be standing there a top of that alt coin. I think nothing can replace bitcoin by another cryptocurrency.

Bitcoin is not immune to problems and if big ones occur, then people might look for altcoins. Especially now with the blocksize problems and the uncertainty of soft fork, hard fork and different 2nd layer solutions. The worst case being that Bitcoin can not handle the Volume anymore and no solution is in place or while trying to implement one something goes wrong. This is what many people are afraid of and also how an altcoin could overtake Bitcoin very quickly. If the altcoin would then be the maincoin and we would call Bitcoin an altcoin is hard to say, but this depends on the people in the crypto world.

[ASHLIUSZ]

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?

Bitcoin possible obsolete by other coins but not this short period of time.Bitcoin replaced if no one using it.  As long as many consumers believe in bitcoin it will remain number 1.

i do not think that it will be every possible to replace bitcoin by another coin. i think bitcoin will continue for ever as it is the best currency of the world so far and still there is not any currency so near to it.

I don't think that it will happen too. Looking upon the market cap of bitcoin it's very impossible that another popped out coin will just replace it.

And seeing the next to it which is ETH is still very far to replace bitcoin. So I really don't think that it will be ever replaced.

That's the aim of most alt devs.

i wouldn't say it's impossible, it could happened anytime but so far i can't see there is a high possibility for altcoin like ethereum or litecoin could replace bitcoin position as a center of cryptocurrency. but you know everything could changes as time goes by , i just think not for now.

The only way I see Bitcoin being replace by another cryptocyrrency is when Bitcoin is banned all over the world, therefor making another altcoin to be the main cryptocurrency to represent them. Bitcoin as of now is the most successful virtual money out there and it is still developing. We may now know when it will mature, but that is the time when a new player can come in and replace Bitcoin.

Such a chance is there. Along with that we need to remember one thing, if bitcoin is banned over the entire nation then same is the situation for altcoins too. We cannot see anymore virtual currencies into use or circulation. I hope such occasion of bitcoin getting replaced or banning won't take place as continuous adoption is felt in every part of the nations.

[Japinat]

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?

it might be hard to tell for now if that can happen now but as time goes on... but it will be defficult for another crypto currency to come up one day to beat down bitcoin...

That true, the way I see it, bitcoin will continue to dominate the crypto-world. It's popularity has been increasing and it has caught the attention of the media due to the recent recent great price increase.
This situation gives us a good chances to be profitable as with the help of the media, the increasing awareness will happen. In addition, bitcoin also raise the interest of big businesses due to the good adoption rate and they want to capitalize the market.

Banks are even thinking of making their own blockchain life as they are inspired with the unique system that attract people.

[bravehearth0319]

there is nothing  in the world which is impossible if we got anything better than this then why not . we will switch to that cryptocurrency and even thought we still having a huge issue with the transacton fees which is hardly taking away a big money like you have to pay a precious price if you want to deal. it feels like i am dealing with devels of hells

in fact any thing is possible but nothing is so easy.i think bitcoin is the number one currency of the world and will remain as number one currency and nothing can replace bitcoin in near future.

Bitcoin nowadays, is very trending in the internet as we all know about it. And many of the critics people are attempting to destroy bitcoin but in the end they stop. So I don't think there is other altcoins that can replace bitcoin in the future. Because according to the former governor of PBOC bitcoin is impossible to be die, which I read on twitter update here's the link https://twitter.com/cnLedger/status/831492861614919681

[deisik]

There are few cryptos what are on market from long time maybe will some few more but thay will exist together with bitcoin,it is any problem it is even very good to have some real strong alternatives

I think bitcoin will stay forever as a cryptocurrency and noone will replace it. Because bitcoin is a really efficient crypto and even there a lot of others that are being created they are still being called alt coins.
Lets say there are new created and being piqued of interest by many people, yes it will be popular, but bitcoin will be standing there a top of that alt coin. I think nothing can replace bitcoin by another cryptocurrency.

Bitcoin is not immune to problems and if big ones occur, then people might look for altcoins. Especially now with the blocksize problems and the uncertainty of soft fork, hard fork and different 2nd layer solutions. The worst case being that Bitcoin can not handle the Volume anymore and no solution is in place or while trying to implement one something goes wrong. This is what many people are afraid of and also how an altcoin could overtake Bitcoin very quickly. If the altcoin would then be the maincoin and we would call Bitcoin an altcoin is hard to say, but this depends on the people in the crypto world

In fact, it cuts both ways

While considering the possibility that Bitcoin is hard to update (even if there is a real need for updates like SegWit and likely Lightning Network), we should not forget that it may actually contribute to wider Bitcoin popularity since it will be looked at as something rock solid, immutable and invariable. These qualities are what is required for a reliable store of value, anyway. If gold changed its shine every two years, would it be as valuable as it is?

[Senor.Bla]

There are few cryptos what are on market from long time maybe will some few more but thay will exist together with bitcoin,it is any problem it is even very good to have some real strong alternatives

I think bitcoin will stay forever as a cryptocurrency and noone will replace it. Because bitcoin is a really efficient crypto and even there a lot of others that are being created they are still being called alt coins.
Lets say there are new created and being piqued of interest by many people, yes it will be popular, but bitcoin will be standing there a top of that alt coin. I think nothing can replace bitcoin by another cryptocurrency.

Bitcoin is not immune to problems and if big ones occur, then people might look for altcoins. Especially now with the blocksize problems and the uncertainty of soft fork, hard fork and different 2nd layer solutions. The worst case being that Bitcoin can not handle the Volume anymore and no solution is in place or while trying to implement one something goes wrong. This is what many people are afraid of and also how an altcoin could overtake Bitcoin very quickly. If the altcoin would then be the maincoin and we would call Bitcoin an altcoin is hard to say, but this depends on the people in the crypto world

In fact, it cuts both ways

While considering the possibility that Bitcoin is hard to update (even if there is a real need for updates like SegWit and likely Lightning Network), we should not forget that it may actually contribute to wider Bitcoin popularity since it will be looked at as something rock solid, immutable and invariable. These qualities are what is required for a reliable store of value, anyway. If gold changed its shine every two years, would it be as valuable as it is?

The blocksize debate is going on for years now. Undecided. I would prefer to see it decide and either way would be better then not deciding. Who want to invest in something that is undecided about the next steps. Nobody wants Bitcoin to change constantly, but if there is an security issue that need fixing, then i rather see it done sooner then later. Same goes for obstacles that prevent Bitcoin from growing. Being rock solid etc is usually an argument that is presented by the old, slow and established so you to stay with them, while there are better alternatives out there. Bitcoin does not need to be a trendsetter, but it needs to be up to date!

[splitups]

Not in the foreseeable time IMO, all the cryptocurrencies other than bitcoin are unstable, unreliable, let alone lacking advantages overall:
Doge, fun but just a gig
Litecoin, Even worse than doge, absolutely not doing anything worth considering for a long while
ETH, if it wasn't so hack-able, it would be appreciated more
XMR seems decent overall and getting some actual use and adoption, but far from BTC.