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Author Topic: Will Bitcoin be replaced by another cryptocurrency?  (Read 186361 times)
Palodar
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May 16, 2017, 01:52:31 AM
 #1961

Bitcoin won’t get replaced by another currency (Altcoin) anytime soon because the people that use Bitcoin like to rely on it so they could get rich. I am not a fan of any other coins that don’t have originality because it’s pretty easy to see that they just want to make money from the people that support their project.

There are a lot of alt coins out there that been noticed yet still can't get over or even in bitcoin since bitcoin have more lots to offer,its increasing in value,fair and convenient transaction and a good earning source especially it is mostly trusted than any other.

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May 16, 2017, 03:51:09 AM
 #1962

 Everything is replaced eventually.

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May 16, 2017, 03:53:34 AM
 #1963

Bitcoin won’t get replaced by another currency (Altcoin) anytime soon because the people that use Bitcoin like to rely on it so they could get rich. I am not a fan of any other coins that don’t have originality because it’s pretty easy to see that they just want to make money from the people that support their project.

There are a lot of alt coins out there that been noticed yet still can't get over or even in bitcoin since bitcoin have more lots to offer,its increasing in value,fair and convenient transaction and a good earning source especially it is mostly trusted than any other.

Bitcoin is the king of crypto currency and it wont be easy for any altcoin to replace bitcoin in near future as bitcoins is more popular and it is widely used and accepted and that is never possible with any altcoins.
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May 16, 2017, 04:03:40 AM
 #1964

If that altcoin manage to achieve the accomplishments of bitcoin like

-adoption of many different countries and the recent legalization in japan
-merchants and services using bitcoin as an payment method
-online shops and local store using it also as an payment methof
-great value in the market
-millions of users
-support from million devs around the globe

We all know that altcoins cant achieve that, bitcoin despite a decentralized currency.

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May 16, 2017, 04:19:28 AM
 #1965

Everything is replaced eventually.
That's possible but the question is when?

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May 16, 2017, 04:43:51 AM
 #1966

Everything is replaced eventually.
That's possible but the question is when?

That's easy. As with all things, when something better comes along bitcoin will be replaced.

The technology, computer science and programming world doesn't sit still in a vacuum. It won't take as long as people believe.

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May 16, 2017, 07:41:02 AM
 #1967

Everything is replaced eventually.
That's possible but the question is when?

That's easy. As with all things, when something better comes along bitcoin will be replaced.

The technology, computer science and programming world doesn't sit still in a vacuum. It won't take as long as people believe.
Who will take over then, I guess Ethereum has a greater chance, it was my bet because I believe in the team behind ETherem and Vitalik was a genius man, he has the passion of what he is doing. If you compare the price there is a big disparity since the adoption of bitcoin is bigger and wider but as you said there will be a change in the future so it makes sense if I will hold some alts to prepare for that time.

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May 16, 2017, 08:01:31 AM
 #1968

Everything is replaced eventually.
That's possible but the question is when?

That's easy. As with all things, when something better comes along bitcoin will be replaced.

The technology, computer science and programming world doesn't sit still in a vacuum. It won't take as long as people believe.
Who will take over then, I guess Ethereum has a greater chance, it was my bet because I believe in the team behind ETherem and Vitalik was a genius man, he has the passion of what he is doing. If you compare the price there is a big disparity since the adoption of bitcoin is bigger and wider but as you said there will be a change in the future so it makes sense if I will hold some alts to prepare for that time.

Bitcoin cant be replaced by other coin. we all know that bitcoin has some major problems to be fixed but the project is the main root of all the cryptos. bitcoin will always be the known cryptocurrency. but for some instances if the bitcoin is replaced i bet it would be some coin that have potential with their own codes that hasnt copied on the bitcoin's.
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May 16, 2017, 08:23:22 AM
 #1969

Everything is replaced eventually.
That's possible but the question is when?

That's easy. As with all things, when something better comes along bitcoin will be replaced.

The technology, computer science and programming world doesn't sit still in a vacuum. It won't take as long as people believe.
Who will take over then, I guess Ethereum has a greater chance, it was my bet because I believe in the team behind ETherem and Vitalik was a genius man, he has the passion of what he is doing. If you compare the price there is a big disparity since the adoption of bitcoin is bigger and wider but as you said there will be a change in the future so it makes sense if I will hold some alts to prepare for that time.

Bitcoin cant be replaced by other coin. we all know that bitcoin has some major problems to be fixed but the project is the main root of all the cryptos. bitcoin will always be the known cryptocurrency. but for some instances if the bitcoin is replaced i bet it would be some coin that have potential with their own codes that hasnt copied on the bitcoin's.

No one can say exactly what will happen to bitcoin in a few years. To date, he is the strongest, but after a while he may die due to the fact that they will create a more perfect coin and users will stop making deals with bitcoin.

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May 16, 2017, 08:40:32 AM
 #1970

Everything is replaced eventually.
That's possible but the question is when?

That's easy. As with all things, when something better comes along bitcoin will be replaced.

The technology, computer science and programming world doesn't sit still in a vacuum. It won't take as long as people believe.
Who will take over then, I guess Ethereum has a greater chance, it was my bet because I believe in the team behind ETherem and Vitalik was a genius man, he has the passion of what he is doing. If you compare the price there is a big disparity since the adoption of bitcoin is bigger and wider but as you said there will be a change in the future so it makes sense if I will hold some alts to prepare for that time.

Not disputing that there is a chance bitcoin gets replaced, but I very much doubt it will be ethereum. Just about all the problems people see with bitcoin, like governance, scaleability etcetera, ethereum has as well but with more complexity. I don't understand why people don't seem to realize that Ethereum has not actually solved anything yet (and no, a centralized dictator enforcing his will is not a better solution). Ethereum does not scale better than bitcoin, I don't understand why people try to push that idea, (just look at the size of the blockchain for a full node). And their choice to make the chain muteable was a horrific move and clearly shows the centralization problem in ethereum, why even bother with the hassle of a distributed chain then? Listening to a number of developers and their frustration with getting anything remotely serious done with it, I'm more and more getting the impression that ethereum will never be able to live up to the hype and has some serious limitations in the way it was designed that will not be resolved by any fork or update.

Last but not least a number of those devs complaining about ethereum seem to be hyping up for a new blockchain project that apparently does not suffer the same problems as ethereum. If what they tell me is even partially correct, ethereum will be first in line to be replaced within the next few years.
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May 16, 2017, 08:49:10 AM
 #1971

Everything is replaced eventually.
That's possible but the question is when?

That's easy. As with all things, when something better comes along bitcoin will be replaced.

The technology, computer science and programming world doesn't sit still in a vacuum. It won't take as long as people believe.
Who will take over then, I guess Ethereum has a greater chance, it was my bet because I believe in the team behind ETherem and Vitalik was a genius man, he has the passion of what he is doing. If you compare the price there is a big disparity since the adoption of bitcoin is bigger and wider but as you said there will be a change in the future so it makes sense if I will hold some alts to prepare for that time.

Not disputing that there is a chance bitcoin gets replaced, but I very much doubt it will be ethereum. Just about all the problems people see with bitcoin, like governance, scaleability etcetera, ethereum has as well but with more complexity. I don't understand why people don't seem to realize that Ethereum has not actually solved anything yet (and no, a centralized dictator enforcing his will is not a better solution). Ethereum does not scale better than bitcoin, I don't understand why people try to push that idea, (just look at the size of the blockchain for a full node). And their choice to make the chain muteable was a horrific move and clearly shows the centralization problem in ethereum, why even bother with the hassle of a distributed chain then? Listening to a number of developers and their frustration with getting anything remotely serious done with it, I'm more and more getting the impression that ethereum will never be able to live up to the hype and has some serious limitations in the way it was designed that will not be resolved by any fork or update.

Last but not least a number of those devs complaining about ethereum seem to be hyping up for a new blockchain project that apparently does not suffer the same problems as ethereum. If what they tell me is even partially correct, ethereum will be first in line to be replaced within the next few years.

Ethereum doesn't solve the scaling issues but it does add a lot more features to crypto than bitcoin does. If as you say bitcoin may be replaced but not by ethereum then which coin are you suggesting that should be? Litecoin because they have segwit? A completely different coin? I believe most of the alternative coins would have the same scaling issues if it was adopted in mass.
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May 16, 2017, 09:24:20 AM
 #1972

In my view, the future of Bitcoin is unpredictable because the constant activities of the world are spontaneous - the event of a new president or the outbreak of a civil war somewhere will influence the increase and decrease of the coin.
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May 16, 2017, 09:27:24 AM
 #1973

Everything is replaced eventually.
That's possible but the question is when?

That's easy. As with all things, when something better comes along bitcoin will be replaced.

The technology, computer science and programming world doesn't sit still in a vacuum. It won't take as long as people believe.
Who will take over then, I guess Ethereum has a greater chance, it was my bet because I believe in the team behind ETherem and Vitalik was a genius man, he has the passion of what he is doing. If you compare the price there is a big disparity since the adoption of bitcoin is bigger and wider but as you said there will be a change in the future so it makes sense if I will hold some alts to prepare for that time.

Bitcoin cant be replaced by other coin. we all know that bitcoin has some major problems to be fixed but the project is the main root of all the cryptos. bitcoin will always be the known cryptocurrency. but for some instances if the bitcoin is replaced i bet it would be some coin that have potential with their own codes that hasnt copied on the bitcoin's.

No one can say exactly what will happen to bitcoin in a few years. To date, he is the strongest, but after a while he may die due to the fact that they will create a more perfect coin and users will stop making deals with bitcoin.
I agree with you. As of now, bitcoin is the strongest and most stable coin in the market for long years but there is always a threat for bitcoin because a lot of people now are using altcoins and those altcoins has its unique features that can be better than bitcoin so after a few years we will might see a better coin than bitcoin.
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May 16, 2017, 09:36:49 AM
 #1974

I think Altcoin can not replace bitcoin but yes their are some good Altcoin that can be used in place of btc like monero,Torcoin ect.
But bitcoin is the king of crypto and hence can not be replaced.

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May 16, 2017, 09:43:45 AM
 #1975

I think Altcoin can not replace bitcoin but yes their are some good Altcoin that can be used in place of btc like monero,Torcoin ect.
But bitcoin is the king of crypto and hence can not be replaced.
Altcoins never replace bitcoin, because the coins that grew once after the existence of bitcoin too is under critics and have never reached high. Recently few altcoins pumped high generating a hope among the users that it might replace bitcoin which is simply an impossible fact.
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May 16, 2017, 10:39:53 AM
 #1976

Altcoins never replace bitcoin, because the coins that grew once after the existence of bitcoin too is under critics and have never reached high. Recently few altcoins pumped high generating a hope among the users that it might replace bitcoin which is simply an impossible fact.
Absolutely correct, there is no any chances that bitcoin will be replaced by other crypto currency because of the major reason that they are just an alternative coin. Altcoins are just being made to support and lift BTC, they may have a unique feature but they it is not enough to beat the foundation of the father of digital money.

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May 16, 2017, 12:41:49 PM
 #1977

Altcoins never replace bitcoin, because the coins that grew once after the existence of bitcoin too is under critics and have never reached high. Recently few altcoins pumped high generating a hope among the users that it might replace bitcoin which is simply an impossible fact.
Absolutely correct, there is no any chances that bitcoin will be replaced by other crypto currency because of the major reason that they are just an alternative coin. Altcoins are just being made to support and lift BTC, they may have a unique feature but they it is not enough to beat the foundation of the father of digital money.
We have different perception, as for me there is a small chance bitcoin will be replace by other coin.
It will happen when we will not support bitcoin because we see there is a better one so it is possible but could take time to happen.

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May 16, 2017, 12:51:30 PM
 #1978

Altcoins never replace bitcoin, because the coins that grew once after the existence of bitcoin too is under critics and have never reached high. Recently few altcoins pumped high generating a hope among the users that it might replace bitcoin which is simply an impossible fact.
Absolutely correct, there is no any chances that bitcoin will be replaced by other crypto currency because of the major reason that they are just an alternative coin. Altcoins are just being made to support and lift BTC, they may have a unique feature but they it is not enough to beat the foundation of the father of digital money.
We have different perception, as for me there is a small chance bitcoin will be replace by other coin.
It will happen when we will not support bitcoin because we see there is a better one so it is possible but could take time to happen.

Very difficult because bitcoin has reach to masses now and every one knows mostly about bitcoin irrespective if they own it or not that is different story. While on other hand there were 1000's of altcoin created last year and if you check only handful today exists or have value in market. What happened to those which were supposed to be atleast there for some time but now disappeared. Even some alt coin to come near to bitcoin will take a decade unless suddenly bitcoin goes down or pump out by China.

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May 16, 2017, 01:02:17 PM
 #1979


I think Altcoin can not replace bitcoin but yes their are some good Altcoin that can be used in place of btc like monero,Torcoin ect.
But bitcoin is the king of crypto and hence can not be replaced.

Altcoins never replace bitcoin, because the coins that grew once after the existence of bitcoin too is under critics and have never reached high. Recently few altcoins pumped high generating a hope among the users that it might replace bitcoin which is simply an impossible fact.

yes you are right that altcoins will never replace the bitcoin because the bitcoin supporters are increasing with the high rate and also the investors of bitcoin are increasing regularly and also the price of bitcoin is as much high that no one altcoin can reach the bitcoin and for altcoins to beat the bitcoin it will take much time and very difficult task.

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May 16, 2017, 01:04:14 PM
 #1980

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?

Perhaps in a few years another currency will be able to displace and destroy bitcoin, but while it is leading and developing. At least this year will definitely live.
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