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OliynyK
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March 28, 2017, 03:29:07 PM |
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There is a very very small chance by the current altcoins now in the market will replace bitcoins in future.Maybe future altcoins with good developers will make a altcoin that will eventually beat bitcoins in cryptocurrency world.
Majority of the alt coins who is having a good potential does have good developers and are having a good strong team and it is not a matter of building a stronger team or a better bitcoin,it is bringing in what is different in bitcoin and if you are successful in that you might have a good market share and volume,can bitcoin be replaced by another coin,it is highly doubtful. |
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Reid
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March 28, 2017, 03:32:11 PM |
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First thing it is called altcoin because it is not bitcoin.
Replacing it will bitcoin an altcoin?
Kind of hard to swallow and hard to imagine it. So example ETH will be the main crypto currency so what happens to bitcoin?
Just imagine it. Isnt it a little awkward?
I believe nothing can replace it. It made its grounds and it is to hard to break it.
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rawbert
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March 28, 2017, 03:38:16 PM |
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There's no point to replace it.
I don't think that bitcoin can or should be the best crypto on all levels though. Let bitcoin do the one thing that it's best at.
Other coins will compete for the rest.
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dearbesz1219
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March 28, 2017, 04:17:23 PM |
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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?
In terms of what that bitcoin can be replace by the other cryptocurrency? is it if bitcoin will disappear or die is that what your trying to say? and if ever bitcoin will gonna die of course there must be a valid reason too. But if your asking not in how bitcoin will be gone, I don't think that bitcoin can be replace by another cryptocurrency because only bitcoin has the highest value in digital/virtual currency where the other cryptocurrency are no match for its price value. In short, that is not possible.  |
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OneUnderBridge
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March 28, 2017, 05:13:24 PM |
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Yes. If there is no meaningful network maintenance, then bitcoin will be replaced by a more functionally viable platform. By "replaced," I mean a different platform will be more predominately used to engage in P2P transactions than the bitcoin platform.
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numismatist
Legendary
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Activity: 1245
Merit: 1004
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March 28, 2017, 05:22:37 PM |
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I should have bought some altcoin back then, would have made quite a good ROI
At least I bought some now.
Since this debate is far from over, I guess the altcoin market has still a lot of headroom.
zimmah, seeing the lobster avatar by chance you know what happened to that zoidberg developer and his Louisd’or project? |
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rchstr
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March 28, 2017, 05:23:56 PM |
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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?
Maybe, as we all know there are many alt coins that has different uses. Bitcoin is the first crypto currency thats why many are using it. Also, bitcoin has some problems that cant be resolve that other alternative coins can, and vice versa. We could not say as this moment . |
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hajimasan
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March 28, 2017, 05:24:08 PM |
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Yes. If there is no meaningful network maintenance, then bitcoin will be replaced by a more functionally viable platform. By "replaced," I mean a different platform will be more predominately used to engage in P2P transactions than the bitcoin platform.
You are right , but you need to see toward the nee nee things that is going daily improve in bitcoin will surely make it best then other , and no doubt that bitcoin is already more better and powerful than any other coin or altcoin is . Here you can say every month new altcoins came and some of gone but here the bitcoin is in stable from the 2008 which is really a quality of king . So here chances of replacing the bitcoin by another altcoin is only 1% or even less . |
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target
Legendary
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Activity: 2240
Merit: 1041
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March 28, 2017, 10:52:28 PM |
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Yes. If there is no meaningful network maintenance, then bitcoin will be replaced by a more functionally viable platform. By "replaced," I mean a different platform will be more predominately used to engage in P2P transactions than the bitcoin platform.
You are right , but you need to see toward the nee nee things that is going daily improve in bitcoin will surely make it best then other , and no doubt that bitcoin is already more better and powerful than any other coin or altcoin is . Here you can say every month new altcoins came and some of gone but here the bitcoin is in stable from the 2008 which is really a quality of king . So here chances of replacing the bitcoin by another altcoin is only 1% or even less . There was an attempt for the development but its just something that might just worsen the situation, there is a serious problem with the current version and those miners are pretty much wanting more of a decentralized system. They feel like they are being ignored which I think they are really. A little increase of blocksize I think won't hurt but instead they push the blockstream. The fork can easily by FUD by individual who have some motives so we now know things are different these days than those before where users are only aiming to see bitcoin to be used by individuals. Today, the users are often aiming for profit. Sooner it will be replaced. |
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upsidedown75
Legendary
Offline
Activity: 1288
Merit: 1036
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March 29, 2017, 03:21:27 AM |
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Yes. If there is no meaningful network maintenance, then bitcoin will be replaced by a more functionally viable platform. By "replaced," I mean a different platform will be more predominately used to engage in P2P transactions than the bitcoin platform.
You are right , but you need to see toward the nee nee things that is going daily improve in bitcoin will surely make it best then other , and no doubt that bitcoin is already more better and powerful than any other coin or altcoin is . Here you can say every month new altcoins came and some of gone but here the bitcoin is in stable from the 2008 which is really a quality of king . So here chances of replacing the bitcoin by another altcoin is only 1% or even less . What makes bitcoin the number one cryptocurrency and no other one can compete with it is that it has a very large user base that backs it up when things get bad, bitcoin has appeared as a new thing back in 2009 when some people call it the dawn of the new world and people get hyped about this new digital currency so they started using it and investing in it and believe in it, and all the other altcoins that came afterward are none only than just mere copy cats trying to catch up to the bitcoin but without any hope except for the few people who have no other option. |
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itasannah
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March 29, 2017, 04:07:15 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?
i think bitcoin can replace by another cryptocurrency if there is better a cryptocurrency . |
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Bitcoin0916
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March 29, 2017, 04:25:45 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?
i think bitcoin can replace by another cryptocurrency if there is better a cryptocurrency . The opportunity is huge, when many sided weakness of bitcoin then this is an opportunity that can be use another cryptocurrency, I think Etherium or Monero is better, but the problem is currently bitcoin more popular than monero or etherium, they need hard work and massive marketing. |
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batang_bitcoin
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March 29, 2017, 04:42:45 AM |
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There's no point to replace it.
I don't think that bitcoin can or should be the best crypto on all levels though. Let bitcoin do the one thing that it's best at.
Other coins will compete for the rest.
Yes, there's no point and need for replacing bitcoin with another one. Most of the people are going to stay with bitcoin and will treat other alts as for trading and gambling purposes only. While bitcoin is going to be the main crypto currency which can be good for different transactions that they wish to use. |
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Harlot
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March 29, 2017, 05:48:52 AM |
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Yes. If there is no meaningful network maintenance, then bitcoin will be replaced by a more functionally viable platform. By "replaced," I mean a different platform will be more predominately used to engage in P2P transactions than the bitcoin platform.
You are right , but you need to see toward the nee nee things that is going daily improve in bitcoin will surely make it best then other , and no doubt that bitcoin is already more better and powerful than any other coin or altcoin is . Here you can say every month new altcoins came and some of gone but here the bitcoin is in stable from the 2008 which is really a quality of king . So here chances of replacing the bitcoin by another altcoin is only 1% or even less . What makes bitcoin the number one cryptocurrency and no other one can compete with it is that it has a very large user base that backs it up when things get bad, bitcoin has appeared as a new thing back in 2009 when some people call it the dawn of the new world and people get hyped about this new digital currency so they started using it and investing in it and believe in it, and all the other altcoins that came afterward are none only than just mere copy cats trying to catch up to the bitcoin but without any hope except for the few people who have no other option. No its not about that, many even have proven that other cryptocurrencies are better compared to Bitcoin in terms of transaction speed, block rewards, security. But they always choose Bitcoin because it is the number #1 in the cryptocurrency market. What I mean by being #1 is in terms of its popularity and acceptance, because as of today the only cryptocurrency I know that is being accepted by local shops is Bitcoin not even Ethereum can go that far. |
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Lecam
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March 29, 2017, 06:53:13 AM |
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Maybe no because bitcoin is the number one cryptocurrency that you can use buying to another cryptocurrency so bitcoin can not replace any crypto currency. Bitcoin is the most popular and have many investor and some are big holders of bitcoin.
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NEWGOODOUBLE
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March 29, 2017, 07:02:08 AM |
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There is a very very small chance by the current altcoins now in the market will replace bitcoins in future.Maybe future altcoins with good developers will make a altcoin that will eventually beat bitcoins in cryptocurrency world.
yeah this time seemed impossible for altcoin to replace bitcoin. bitcoin is still very superior to the other cryptocurrency and bitcoin fastest growing and will continue to grow |
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goldcoinminer
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March 29, 2017, 07:34:51 AM |
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There's no point to replace it.
I don't think that bitcoin can or should be the best crypto on all levels though. Let bitcoin do the one thing that it's best at.
Other coins will compete for the rest.
Yes, there's no point and need for replacing bitcoin with another one. Most of the people are going to stay with bitcoin and will treat other alts as for trading and gambling purposes only. While bitcoin is going to be the main crypto currency which can be good for different transactions that they wish to use. Bitcoin will be the most popular crypt currency in the online world, believe me people are putting their money in bitcoin and we have seen how strong this currency is right now. After it was almost lost it's value it has survive and break the all time high. That is something people. |
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ChronoLite
Sr. Member
Offline
Activity: 840
Merit: 250
www.guestcrew.com
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March 29, 2017, 08:34:38 AM |
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There's no point to replace it.
I don't think that bitcoin can or should be the best crypto on all levels though. Let bitcoin do the one thing that it's best at.
Other coins will compete for the rest.
Even when Satoshi Nakamoto published Bitcoin, there were no altcoin on that time until Namecoin launched on 2011. It was more than 3 years and Bitcoin was okay till 2011. Altcoin can't replace Bitcoin forever because Bitcoin is a main coin because that's just an alternative. |
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novemberwoah
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March 29, 2017, 08:37:07 AM |
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There is a very very small chance by the current altcoins now in the market will replace bitcoins in future.Maybe future altcoins with good developers will make a altcoin that will eventually beat bitcoins in cryptocurrency world.
yeah this time seemed impossible for altcoin to replace bitcoin. bitcoin is still very superior to the other cryptocurrency and bitcoin fastest growing and will continue to grow Yes it could happen (altcoin replace bitcoin) but I think it will not happen. Bitcoin has a very good performance, bitcoin been dropped several times but can be restored. Although now that bitcoin has some problems and a lot of people who say altcoin will replace it soon, but I am sure in the future this problem will be recovered because of the excellent performance of bitcoin. It would be very difficult to replace bitcoin. Indeed altcoin have better features but it is not meant to replace bitcoin. Performance of bitcoin far above altcoin I think. |
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mastermold
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March 29, 2017, 08:58:01 AM |
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We have witnessed many new crypto-currencies and new DLT (Distributed Ledger Technology) stacks arising over the last 2 years. It seems that the market is heading to multiple technologies working together. Most of them provide different feature sets (e.g. smart contracts) and are addressing some market needs. We see that these stacks complement each others and I think we will continue to see more coming in the market. There are multiple initiatives that aim at connecting various chains together which demonstrate the tendency to go to a multiple chains market, where private, public and side chains will be inter-linked to provide a large offer of services. Bitcoin and Blockchain will probably stay the generic names since they’ve been there for a while and highly publicized by the media.
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