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Author Topic: Will Bitcoin be replaced by another cryptocurrency?  (Read 186366 times)
batang_bitcoin
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March 29, 2017, 11:48:55 PM
 #1701

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.

Those people that are holding bitcoin and pulls out  are starting now to migrate to ETH and loves the way of smart contracts. I just don't know what's in their mind but it doesn't mean that it will replace bitcoin but maybe they are trying something new and thinks that it will be more profitable for them if they are going to migrate there.
Wintersoldier
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March 30, 2017, 12:00:07 AM
 #1702

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.

Those people that are holding bitcoin and pulls out  are starting now to migrate to ETH and loves the way of smart contracts. I just don't know what's in their mind but it doesn't mean that it will replace bitcoin but maybe they are trying something new and thinks that it will be more profitable for them if they are going to migrate there.
Since ETH is just a crypto coin, it can not replace bitcoin since bitcoin is a decentralized coin which all crypto coins can be traded with. Therefore, it can be beat othere crypto coins and get second to the highest volume among of them but it can't beat bitcoin since every crypto coins are being traded with bitcoins giving it highest volume in crypto curency.
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March 30, 2017, 12:15:17 AM
 #1703

To believe (e.g. to be certain) something like that does not make rational sense. To say that is a statistic probability makes much more sense. However, this has been discussed over and over again. In order for the cryptocurrency space to thrive, it would be most suitable if there were multiple coins at the top and not just one (as currently Bitcoin is). Nobody can say that either one will happen for sure; they would only be speculating.
Bitcoin for now is upgrading and its value increases dramatically so thinking that bitcoin would be replaced by other crypto-currencys thats imposibble for know. We all know that bitcoins value is depending to the support of people so many people continue to choose bitcoin than any other crypto-currency. That is the fact and when bitcoin becomes more popular many buisness will be open on accepting bitcoin so it may be the future ot bitcoin. It cant be replaced by any other. Because bitcoin is just starting to grow more.

Also because we are addicted of using bitcoin and use it rather than using any other currency we are unknown of.
This is the main factor bitcoin will not be replaced !


same thing was told about e-gold about 10 years ago and e-gold is the past now. Smiley

Bitcoin will be the past in the next 2-3 years when another e-currency will arise

Right we can expect that happens in near future when we will see some other currency taking over bitcoins which will be holding better features then bitcoin and it will take no time for people to switch to that currency keeping bitcoin behind.
I think it will not happen in the near future, although there is a coin that is much more sophisticated like ETH. but if users remain confident and determined using bitcoin. I think bitcoin will continue to live
batang_bitcoin
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March 30, 2017, 12:44:22 AM
 #1704

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.

Those people that are holding bitcoin and pulls out  are starting now to migrate to ETH and loves the way of smart contracts. I just don't know what's in their mind but it doesn't mean that it will replace bitcoin but maybe they are trying something new and thinks that it will be more profitable for them if they are going to migrate there.
Since ETH is just a crypto coin, it can not replace bitcoin since bitcoin is a decentralized coin which all crypto coins can be traded with. Therefore, it can be beat othere crypto coins and get second to the highest volume among of them but it can't beat bitcoin since every crypto coins are being traded with bitcoins giving it highest volume in crypto curency.

Yes I know it that it cannot replace bitcoin but because of it, many seems to be thinking that it can be a threat for it. But whatever it takes, that is good for trading and just because that it is on the second list of the coin market cap and it's far from the total market cap of bitcoin. It won't replace it though I was talking about those people that thinks it will.
Ewox
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March 30, 2017, 01:04:18 AM
 #1705

Bitcoin was created for a reason, so I doubt it would be replaced in the near future for some other cryptocurrency. Of course the rest of the altcoins would try their hardest to also be on top ever since Bitcoin became popular. And though there are a lot speculations that a certain altcoin is almost replacing Bitcoin, but the question is its market value. Would it stay on top like the Bitcoin? We can't predict the future but we'll see what happens in the next 2-4years.
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March 30, 2017, 02:33:44 AM
 #1706

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.

Those people that are holding bitcoin and pulls out  are starting now to migrate to ETH and loves the way of smart contracts. I just don't know what's in their mind but it doesn't mean that it will replace bitcoin but maybe they are trying something new and thinks that it will be more profitable for them if they are going to migrate there.
Since ETH is just a crypto coin, it can not replace bitcoin since bitcoin is a decentralized coin which all crypto coins can be traded with. Therefore, it can be beat othere crypto coins and get second to the highest volume among of them but it can't beat bitcoin since every crypto coins are being traded with bitcoins giving it highest volume in crypto curency.

Yes I know it that it cannot replace bitcoin but because of it, many seems to be thinking that it can be a threat for it. But whatever it takes, that is good for trading and just because that it is on the second list of the coin market cap and it's far from the total market cap of bitcoin. It won't replace it though I was talking about those people that thinks it will.
Recently the coin grew potentially making sudden increase in the market capital as well in the price. It's been clearly stated that these price variations were just a flutuation in respective​ to the fall of bitcoin price. This won't withstand long, so replacing bitcoin is not a possible one.

DavincisLSD
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March 30, 2017, 02:49:54 AM
 #1707

What are people's thoughts on Tez0s? Is sharp money behind it?
itasannah
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April 01, 2017, 07:42:55 AM
 #1708

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.
if etherum or monero is better, why them not famous like bitcoin ?
in fact , bitcoin is be better from others ..
KennyR
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April 01, 2017, 07:45:41 AM
 #1709

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.

Those people that are holding bitcoin and pulls out  are starting now to migrate to ETH and loves the way of smart contracts. I just don't know what's in their mind but it doesn't mean that it will replace bitcoin but maybe they are trying something new and thinks that it will be more profitable for them if they are going to migrate there.
Since ETH is just a crypto coin, it can not replace bitcoin since bitcoin is a decentralized coin which all crypto coins can be traded with. Therefore, it can be beat othere crypto coins and get second to the highest volume among of them but it can't beat bitcoin since every crypto coins are being traded with bitcoins giving it highest volume in crypto curency.

Yes I know it that it cannot replace bitcoin but because of it, many seems to be thinking that it can be a threat for it. But whatever it takes, that is good for trading and just because that it is on the second list of the coin market cap and it's far from the total market cap of bitcoin. It won't replace it though I was talking about those people that thinks it will.
Recently the coin grew potentially making sudden increase in the market capital as well in the price. It's been clearly stated that these price variations were just a flutuation in respective​ to the fall of bitcoin price. This won't withstand long, so replacing bitcoin is not a possible one.
As quoted the growth experienced by few altcoins were just a temporary growth which can go down any time as the volatility of altcoins were quite high. This assures bitcoin won't be replaced by alternate virtual currencies.

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Xester
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April 01, 2017, 08:54:19 AM
 #1710

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.

Those people that are holding bitcoin and pulls out  are starting now to migrate to ETH and loves the way of smart contracts. I just don't know what's in their mind but it doesn't mean that it will replace bitcoin but maybe they are trying something new and thinks that it will be more profitable for them if they are going to migrate there.

The price increase in Ethereum were just bubbles and just a migration due to panic on the potential crash of bitcoin when the split will occur between the core and the hardfork. But soon when the price of bitcoin will again increase and the market goes lively again after surviving the current internal problems those who invested in ethereum will be going back to bitcoin.
vantyzz
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April 01, 2017, 02:29:15 PM
 #1711

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.

Those people that are holding bitcoin and pulls out  are starting now to migrate to ETH and loves the way of smart contracts. I just don't know what's in their mind but it doesn't mean that it will replace bitcoin but maybe they are trying something new and thinks that it will be more profitable for them if they are going to migrate there.

The price increase in Ethereum were just bubbles and just a migration due to panic on the potential crash of bitcoin when the split will occur between the core and the hardfork. But soon when the price of bitcoin will again increase and the market goes lively again after surviving the current internal problems those who invested in ethereum will be going back to bitcoin.

I agree with you, bitcoin was the leader and will remain the leader. Now there is no crypto currency, which can replace bitcoin. And I doubt that in the future there will be an alternative coin that will replace bitcoin
Labumi
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April 01, 2017, 03:54:02 PM
 #1712

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 no atleast for next ten years.Unless bitcoin itself suffers from some critical issues and get destroyed,no other altcoin could replace bitcoin.Bitcoin is a protocol for sending values and it satisfies all requirements to be a bonafide protocol.Its highly impossible for other altcoins to replace bitcoin today.

Very precisely, even though many altcoin that are always popping up. The existence of the bitcoin will always be above, because it is bitcoin is a digital currency that first provides convenience and security that is better than the previous. And because it is already a lot of people that feel comfortable when using bitcoin. It is true of all the things that exist in the world this could not last long, but it also depends on the problem at hand. If indeed the problem faced is simple, then it will not make a bitcoin destroyed
 
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April 01, 2017, 06:06:09 PM
 #1713

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 no atleast for next ten years.Unless bitcoin itself suffers from some critical issues and get destroyed,no other altcoin could replace bitcoin.Bitcoin is a protocol for sending values and it satisfies all requirements to be a bonafide protocol.Its highly impossible for other altcoins to replace bitcoin today.

Very precisely, even though many altcoin that are always popping up. The existence of the bitcoin will always be above, because it is bitcoin is a digital currency that first provides convenience and security that is better than the previous. And because it is already a lot of people that feel comfortable when using bitcoin. It is true of all the things that exist in the world this could not last long, but it also depends on the problem at hand. If indeed the problem faced is simple, then it will not make a bitcoin destroyed
 

I also think that bitcoin is a leader and it will not be replaced by any crypto currency. He is the most popular. Many people have confidence in him. I can not imagine a situation in which people will start trusting another Cryptocurrency
KingdomHearts
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April 01, 2017, 06:39:07 PM
 #1714

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 no atleast for next ten years.Unless bitcoin itself suffers from some critical issues and get destroyed,no other altcoin could replace bitcoin.Bitcoin is a protocol for sending values and it satisfies all requirements to be a bonafide protocol.Its highly impossible for other altcoins to replace bitcoin today.

Very precisely, even though many altcoin that are always popping up. The existence of the bitcoin will always be above, because it is bitcoin is a digital currency that first provides convenience and security that is better than the previous. And because it is already a lot of people that feel comfortable when using bitcoin. It is true of all the things that exist in the world this could not last long, but it also depends on the problem at hand. If indeed the problem faced is simple, then it will not make a bitcoin destroyed
 

I also think that bitcoin is a leader and it will not be replaced by any crypto currency. He is the most popular. Many people have confidence in him. I can not imagine a situation in which people will start trusting another Cryptocurrency
you are right that bitcoin is a great leader of all crypto currency and its impossible to replace by another crypto currency because bitcoin is very much popular currency and increasing its user day by day too much faster.
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April 01, 2017, 06:57:36 PM
 #1715

I wouldn't call it as being replaced however some cryptos would be living side-by-side or dependent with btc in the long run as to what it is right now. Though it is true that some coins do have some cooler feature compared to what bitcoin has, we can't deny the fact that bitcoin is here to stay even if these other coins has more usability than what bitcoin has right now.
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April 01, 2017, 07:14:02 PM
 #1716

Bitcoin was created for a reason, so I doubt it would be replaced in the near future for some other cryptocurrency. Of course the rest of the altcoins would try their hardest to also be on top ever since Bitcoin became popular. And though there are a lot speculations that a certain altcoin is almost replacing Bitcoin, but the question is its market value. Would it stay on top like the Bitcoin? We can't predict the future but we'll see what happens in the next 2-4years

I see the future, and I don't see any altcoin replacing Bitcoin in it

When the BU hype gets finally exhausted (we are pretty close to it as I can also see), the SegWit update will be the only viable alternative for future Bitcoin development. Litecoin is said to be implementing their version of SegWit, so we will be able to see in practice how useful it will be, though Litecoin is far behind Bitcoin and doesn't have such issues. But in any case, it will be a good test ground and in the fall we all gently and softly switch to this update leaving the troubled times of today in the past

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April 01, 2017, 08:00:43 PM
 #1717

I don't think that there is no other cryputocurrency that will be good  than bitcoin.
Bitcoin is more than strong than other cryputocurrency.
There is no other cryputocurrency that will replace bitcoin.
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April 01, 2017, 08:15:03 PM
 #1718

I cant possibly see another currency lapping bitcoin in terms of adoption & trading. Something strange & radical would have to happen.
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April 02, 2017, 12:27:40 AM
 #1719

It is highly unlikely that another crypto currency will take over bitcoin. Bitcoin is already embedded in markets and it is widely accepted by companies like Microsoft. Maybe in a couple hundred years when technology improves, but in our lifetimes, bitcoin will be king.

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April 02, 2017, 08:00:49 AM
 #1720

I cant possibly see another currency lapping bitcoin in terms of adoption & trading. Something strange & radical would have to happen.
The only way that I can see some cryptocurrency replacing bitcoin, is if government all around the world agree on making a global cryptocurrency that will become accepted all around shops and you can pay taxes and bills with it, so if you go on a travel you can easily use it anywhere, and they will create that based on the bitcoin technology, but after second thoughts that will take some time.
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