Will Bitcoin be replaced by another cryptocurrency?

[stergium]

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's possible. but bitcoin has gained much more popularity and it has been adopted for mass use.

yes everything in this world can be possible but still it is not so easy to beat such a good and popular crypto currency. because the users of bitcoin in continuously increasing, which is making bitcoin more and more stronger.

[mayax]

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's possible. but bitcoin has gained much more popularity and it has been adopted for mass use.

yes everything in this world can be possible but still it is not so easy to beat such a good and popular crypto currency.

e-gold was much better and it was replaced. everything is replaceable.

[DoublerHunter]

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's possible. but bitcoin has gained much more popularity and it has been adopted for mass use.

yes everything in this world can be possible but still it is not so easy to beat such a good and popular crypto currency.

e-gold was much better and it was replaced. everything is replaceable.

Yes everything is replaceable and also bitcoin,
if a cryptocurrency is better and faster than bitcoin with the same or better features
then it will easily replace bitcoin.

[johnnyyash]

I don't think so ...because Bitcoin is gaining popularity and widely used and recognised.

[Distinctin]

I don't think so ...because Bitcoin is gaining popularity and widely used and recognised.

We do not control the future but we have to believe that more people will support bitcoin than the upcoming altcoins now.
The maket of altcoins are getting better also because they have a developer that are active in making improvements, while bitcoin is not.

[lighpulsar07]

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?

Well if you think about it, altcoin is always exchanged with bitcoin
It's like bitcoin is the dollar and altcoins are other currencies of the world. No altcoin can replace bitcoin currently. Maybe in future bitcoin can replaced by another cryptocurrency but for now, no one can replace bitcoin.

[skorupi17]

I don't think so ...because Bitcoin is gaining popularity and widely used and recognised.

We do not control the future but we have to believe that more people will support bitcoin than the upcoming altcoins now.
The maket of altcoins are getting better also because they have a developer that are active in making improvements, while bitcoin is not.

We just have to hope that no altcoin will surpass the capability of bitcoin or bitcoin should evolve and improve so that even if an altcoin gained the same level of capability of bitcoin, it will not take the place of bitcoin that easily. Constant evolution and improvement for bitcoin is crucial so that bitcoin will stay number 1.

[Blackdeath]

Bitcoin itself won't be taken over/replaced by a different cryptocurrency unless there is some major shift with the cryptosphere or a lot of the fiat financial systems start to move into cryptos and everyone pushes for a new one.

Bitcoin can change and be modified, but there's a very small chance that Bitcoin will be replaced in the foreseeable future.

Yes I agree bitcoin future is hitting its heights peak for now. We can see the drastic change of value and price of bitcoin. So in the near future more opportunities will come and develop for the bitcoin transaction to upgrade. And if we think it will be replaced by other crypto currency for me it is very evident the it is impossible. Because the community and support of users of bitcoin is also increasing as its function develop. So for me the best conclusion is on upgrading bitcoin for the better rather than replacing it.

[krisnt80]

Bitcoin its a strong currencie and has a huge investment inside it, i doubt any big investor would allow to let it loose the place it had conquer since the begining, altcoins were created based into bitcoins, and some of them might look even better, but the big money is at bitcoin and all crypto are traded against btc and not the reverse.

[salamyman]

so what if it will? one thing or another - something will always be.

[monsanto]

so what if it will? one thing or another - something will always be.

True, can't stop progress. If Bitcoin hopes to not be replaced it will eventually have to transform to compete. That's going to be difficult as we have seen, although I guess the idea is that the transformations will happen in the layers riding on top of the btc blockchain. The problem will be that it is unlikely that bitcoins algo is the optimum one (since it was the first) and that will only get more impossible to change. Eventually projects that incorporate other systems may have significant efficiency gains.  It would seem that if you want to keep your money in crypto you may be required to keep an eye on emerging projects that could overtake any asset you are using to store value. I don't think network effect will be as big a barrier as people think because these are tradeable assets, and many are easily swappable.

[whizter]

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's possible. but bitcoin has gained much more popularity and it has been adopted for mass use.

and still the popularity of bitcoin is continously increasing, as we can see that the number of bitcoin users are increasing more and more, i think very soon all the people of the world will be using bitcoin. and very soon bitcoin will become the world number one currency.

[freedomgo]

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's possible. but bitcoin has gained much more popularity and it has been adopted for mass use.

and still the popularity of bitcoin is continously increasing, as we can see that the number of bitcoin users are increasing more and more, i think very soon all the people of the world will be using bitcoin. and very soon bitcoin will become the world number one currency.

That's why we need to trust the entire system of crypto currency because it is not only bitcoin that is growing, some altcoins are also making a good journey. However, I do not think bitcoin will be replace since it is still the most popular with the biggest marketcap, people know more about bitcoin with the presence of altcoins because bitcoin is the origin.

[emezh10]

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 but that new coin will surpass bitcoin characteristics like the major problem of bitcoin now is the delay of transactions so if that coin have that fast transactions and every features of bitcoin that is upgraded maybe. But that need a lot of funds.

[gabbie2010]

I don't think another cryptocurrency can replace bitcoin in years a head even bitcoin itself is gaining global recognition gradually  how much more a new cryptocurrency coming to replace bitcoin absolutely it is not possible, there are some third world countries that had little or no information about bitcoins.

[DoublerHunter]

I don't think another cryptocurrency can replace bitcoin in years a head even bitcoin itself is gaining global recognition gradually  how much more a new cryptocurrency coming to replace bitcoin absolutely it is not possible, there are some third world countries that had little or no information about bitcoins.

You are expecting too much about bitcoin and you think that bitcoin will stay here in the world forever. Bitcoin is limited and there is a lot of coins out there that has a potential for bitcoin to be replace and we should accept that. In fact, the reason why the altcoins are not overtaking bitcoin is because bitcoin is still good and profitable so they are not leaving bitcoin but once the bitcoin become not profitable or let say worthless then you will see how bitcoin will be replaced by another coin.

[Pangia]

I don't think another cryptocurrency can replace bitcoin in years a head even bitcoin itself is gaining global recognition gradually  how much more a new cryptocurrency coming to replace bitcoin absolutely it is not possible, there are some third world countries that had little or no information about bitcoins.

You are expecting too much about bitcoin and you think that bitcoin will stay here in the world forever. Bitcoin is limited and there is a lot of coins out there that has a potential for bitcoin to be replace and we should accept that. In fact, the reason why the altcoins are not overtaking bitcoin is because bitcoin is still good and profitable so they are not leaving bitcoin but once the bitcoin become not profitable or let say worthless then you will see how bitcoin will be replaced by another coin.

But there is no scope that bitcoin will become worthless in future as bitcoin is growing and once we will see mass adoption then it will take the price of bitcoin even higher and I don't think that any altcoin has that potential to take over bitcoin as altcoins are comparatively too small in compare to bitcoins.

[(altair)]

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?

Yes of course it makes sense if you and we will believe through it.Yeah bitcoins is the most popular and most valuable cryptocurrency on e-market today but technology is developing,more good coin will come to compete with bitcoin with better features and faster network i think due to development through years

[abel1337]

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?

Yes of course it makes sense if you and we will believe through it.Yeah bitcoins is the most popular and most valuable cryptocurrency on e-market today but technology is developing,more good coin will come to compete with bitcoin with better features and faster network i think due to development through years

I agree , the cryptocurrency now which is dominated by bitcoin , I believe that other coins which will be invented in the future will surely compete with bitcoin . Like now some of the people is using other coin in their transaction because of the long transaction period of bitcoin.

[mayax]

the  past is telling us what it will happen in the future.

there few very good (at that moment) e-currencies like e-gold or liberty reserve. they are down now...

bitcoin is just another one. it's trendy and nothing more. if you are honest with yourself, you will see that it has nothing better than any other e-currency but contrary. it has many bad things like a huge time for confirmation. there will not be a mass adoption for Bitcoin because it's fluctuating without any sense. the big exchangers and the miners are manipulating the market as they want.
the shit with demand and offer is just for kids or brainwashed people

BTC is an opportunity to make quick money and then go out.