Will Bitcoin be replaced by another cryptocurrency?

[Westinhome]

Bitcoin could be replaced by another crypto, this will not be the first time an innovation is displaced by another innovation that does the same thing but better, look at Walkmans they were revolutionary until they were replaced by discman and then ipods.

Yeah I do have the same idea like you, therefore, I holding a lot of ethereum and wait until its prices to goes up. Ethereum is so valuable and priceless and moreover, it has new ability and new technologies which can help people a lot in many ways

The Ethereum has very strong development team. The price could rise in the future.

[MONKEYJUNK]

Not the current currencies and not anytime soon, We can already see the competition and although some look promising like ETH and Monero they are still far from taking out bitcoin place, Mostly people use them to speculate the price rather than holding.

[nikona]

I think if there comes a cryto that can reward miners in a better way and also being an upgrade on bitcoins then there could be a possibility that some crypto might be able to replace bitcoins but that would be very hard to create and then get traction to.

[nyanhtet]

Can be if they stay run POW. It is also the reason of high fee today.

[irukandji]

Maybe , if you can find one with less problems

[Franz_Huber]

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?

No. You could also build an alternative Internet by replacing TCP/IP with another protocol suite. How many people will use it? Bitcoin will stay the strongest cryptocurrency network used my most people. Networking effect.

[NEWGOODOUBLE]

Maybe , if you can find one with less problems

true, it is very likely to happen if there is a coin that has technology far greater than bitcoin. and of course fewer problems than bitcoin. probably many people will glance that coin

[shinratensei_]

Bitcoin could be replaced by another crypto, this will not be the first time an innovation is displaced by another innovation that does the same thing but better, look at Walkmans they were revolutionary until they were replaced by discman and then ipods.

Yeah I do have the same idea like you, therefore, I holding a lot of ethereum and wait until its prices to goes up. Ethereum is so valuable and priceless and moreover, it has new ability and new technologies which can help people a lot in many ways

The Ethereum has very strong development team. The price could rise in the future.

Yeah I see it. not only on bitcoin but ethereum still on the bullish charts.The future of crypto it is really strong.  

[BeGoods]

Bitcoin could be replaced by another crypto, this will not be the first time an innovation is displaced by another innovation that does the same thing but better, look at Walkmans they were revolutionary until they were replaced by discman and then ipods.

Yeah I do have the same idea like you, therefore, I holding a lot of ethereum and wait until its prices to goes up. Ethereum is so valuable and priceless and moreover, it has new ability and new technologies which can help people a lot in many ways

The Ethereum has very strong development team. The price could rise in the future.

I think etherum period has ended. like any other altcoin will begin eliminated after their period has ended. although etherum quite sophisticated. but its popularity is certainly still inferior to bitcoin and would be replaced by another altcoin in future

[The_Dark_Knight]

I think if there comes a cryto that can reward miners in a better way and also being an upgrade on bitcoins then there could be a possibility that some crypto might be able to replace bitcoins but that would be very hard to create and then get traction to.

Giving the miners better rewards seems tempting but if the reward was not halved like in bitcoin then there will not be a limit in the amount of coins that will exist and that will affect the price and the miners too, so it is not an easy problem to solve.

[bustedsynx]

These technologies all have staying power. They will affect the economy and our politics, improve medicine, or influence our culture. Some are unfolding now; others will take a decade or more to develop.

[asuryan180]

Yeah it is possible,although for that to happen a new cryptocurrency would have for example to solvem the problem with bitcoin's fees or offer better transaction confirmations time so it all comes down to whether there would be a cryptocurrency which would be better than BTC in regards to parameters and operations,also let's not forget that BTC has been the number one for some time now and it will not be easy for it to lose it's leader place.

[Fatanut]

Yeah it is possible,although for that to happen a new cryptocurrency would have for example to solvem the problem with bitcoin's fees or offer better transaction confirmations time so it all comes down to whether there would be a cryptocurrency which would be better than BTC in regards to parameters and operations,also let's not forget that BTC has been the number one for some time now and it will not be easy for it to lose it's leader place.

If that's the case, then all the other cryptocurrencies will be replacing bitcoins. There are far smaller fees and far shorter transaction confirmation time on all the other coins. The problem is that bitcoin is still the best coin to buy since it's the coin that has the most merchants (compare to other cryptocurrencies) and the price of bitcoin has more volatility than other coins. Other cryptocoins after getting hyped dies quickly because the pump-and-dumpers have already made a few bucks and for them it's time to exit the scene.

I don't think bitcoin is replaceable by other cryptocurrency at all because if it is, then it should've been replaced by now. Only way for bitcoin to be replaced by another cryptocurrency is when bitcoin is already gone (i.e. destroyed.)

[davids]

it possible bitcoin be replaced by another currency. if that happens will probably be similar to the bitcoin without replacing it, with difference has a feature and a new project

[Wapinter]

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?

Only if bitcoin is banned universally by UN or all government and it is become punishable crime to hold or use bitcoin than dash or monero can become next bitcoin.
This is although highly unlikely to happen but hypothetically speaking these cryptos may be the best alternative.

[ICO INVESTOR]

Bitcoin be replaced by another cryptocurrency? I don't think, most of this altcoin are just pump and dump coin

[ASHLIUSZ]

Several ICO projects have been existing based upon the blockchain platform. Among  all such projects only very few are successful due to the uniqueness. Most projects don't move further to the next level. So these days only the coins that have long time survival similar to bitcoin such as wherein or Monero grow potentially. But this won't replace bitcoin as bitcoin stays several steps ahead.

[requester]

impossible in this century because when we take name of cryptocurrency then we talk about bitcoin first then we come to eth, doge and whatever and the best part is that we compare value of other crptocurrencies with bitcoin

[mkmdoc]

Maybe right now it is not possible with another cryptocurrency because many coins are failing at their ICO stages only. Bitcoin has more strong user base community where many people are not still using bitcoin. Cryptocurrency becomes very popular due to because of bitcoin, so it might take another decade the changing place of bitcoin with other crypto.

[ilovefeetsmell]

Although Bitcoin is slowly growing in popularity, despite all of its various problems, there remains a certain psychological security in a currency held in one's hand. Moreover, fears of hacking, viruses, and other attacks on the entire financial foundation of a nation via purely digital means will likely make most nations slow to adopt such a form of currency.

Bitcoin is not slowly growing in its popularity. It becomes more popular than before. The important thing to know about bitcoin is the characteristics, the benefits, and its advantages. The first reason that Bitcoin has a vast advantage over newer cryptocurrency is their network effect. What if you are a buyer o seller? What will you choose? A bitcoin or other cryptocurrency like litecoin? Because of the power and popularity of bitcoin, you/they will choose bitcoin. The stability is one reason why they choose bitcoin. Bitcoin will not be replaced by another cryptocurrency.