Fireblade
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August 02, 2017, 09:23:24 PM |
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BTC can't be replaced, at least for now. He's like a flag, but different virtual currencies have different focuses. Like ETH smart contracts, Zec is strongly anonymous
Bitcoin wont be replaced by any other crypto currency,i do accept that and in fact ETH is not a currency but a smart contract platform,but when it comes to Zec ,i really doubt it is really an anonymous currency at all,i heard some fishy things about their vision on how to install a backdoor and so on,so i will strongly avoid the coin and try monero or dash. yes that is right that bitcoin wont be replace by any other currency but will continue for a long time. i am sure that bitcoin is the best crypto currency of the world and will always remain as the number one currency of the world.
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bohr
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August 02, 2017, 10:40:28 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?
It is very difficult to answer the question since you do not give a time frame, if we are talking about thousands of years then yes bitcoin is going to be replaced but if we are talking about the next ten years then I think the answer to that question is no, because even if a new coin appeared with better technology than bitcoin it will be very difficult to get all the people behind it the same way that the people are supporting bitcoin at the moment.
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Kersh768
Sr. Member
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Merit: 256
Freshdice.com
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August 02, 2017, 10:45:33 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?
Yes it make sense. But I think it is impossible that there'll be no one to use Bitcoin in the future. Like, it may be replaced by other cryptocurrency due to public and market's demand, but thinking that it will be no longer used by anyone, that's quite impossible. After the fork, BCC is climbing its way up quickly, for this reason, BTC will be overshadowed by BCC if the pump continues.
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galactica
Newbie
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Activity: 28
Merit: 0
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August 02, 2017, 10:56:27 PM |
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I don't think there will only be one crypto being used exclusively, it will consist of an ecosystem with multiple cryptos with competing features. BTC I belive is here to stay as it was the first and has that brand name recognition behind it (even though it may have inferior features compared to other cryptos in the market). If cryptos become mainstream the masses will start flocking to Bitcoin as really it is the only one they know about or heard about.
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Zooplus
Legendary
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Activity: 1106
Merit: 1000
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August 02, 2017, 11:21:32 PM |
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I don't think there will only be one crypto being used exclusively, it will consist of an ecosystem with multiple cryptos with competing features. BTC I belive is here to stay as it was the first and has that brand name recognition behind it (even though it may have inferior features compared to other cryptos in the market). If cryptos become mainstream the masses will start flocking to Bitcoin as really it is the only one they know about or heard about.
Bitcoin is more popular now because there are altcoins that are existing as well, the ICO alone are generating a big amount of contribution from the people and most ICOs requires BTC to invest and that makes more demand which will eventually make bitcoin's price increased.
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19Nov16
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August 02, 2017, 11:42:45 PM |
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Anything can happen and it seems not unusual if someday there is altcoin that beat bitcoin, now bitcoin split into 2, one day can be split again so the chance of altcoin beat bitcoin is very big.
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Mbah Tyo
Sr. Member
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Activity: 532
Merit: 250
1st of May
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August 02, 2017, 11:50:15 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?
It may take a while but it will take a long time to replace the trust of bitcoin users, to other coins and it is not easy, requiring enormous movement to change the mindset of bitcoin users
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thend1949
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August 02, 2017, 11:57:38 PM |
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BTC can't be replaced, at least for now. He's like a flag, but different virtual currencies have different focuses. Like ETH smart contracts, Zec is strongly anonymous
Bitcoin wont be replaced by any other crypto currency,i do accept that and in fact ETH is not a currency but a smart contract platform,but when it comes to Zec ,i really doubt it is really an anonymous currency at all,i heard some fishy things about their vision on how to install a backdoor and so on,so i will strongly avoid the coin and try monero or dash. yes that is right that bitcoin wont be replace by any other currency but will continue for a long time. i am sure that bitcoin is the best crypto currency of the world and will always remain as the number one currency of the world. I guess that the bitcoin shouldn't be replaced by another crypto currency and that most of those currenciess were looking over to bitcoin economy, so we really have the desire of not letting bitcoin as crap. Still we always wanted to promote bitcoin, because all the tradings of altcoins will be to the top most price of bitcoin digit currency earnings. We appreciated how bitcoin dominates the other values of different coins depending on how strong is their platform is.
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msarro
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August 03, 2017, 12:03:53 AM |
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BTC can't be replaced, at least for now. He's like a flag, but different virtual currencies have different focuses. Like ETH smart contracts, Zec is strongly anonymous
Bitcoin wont be replaced by any other crypto currency,i do accept that and in fact ETH is not a currency but a smart contract platform,but when it comes to Zec ,i really doubt it is really an anonymous currency at all,i heard some fishy things about their vision on how to install a backdoor and so on,so i will strongly avoid the coin and try monero or dash. yes that is right that bitcoin wont be replace by any other currency but will continue for a long time. i am sure that bitcoin is the best crypto currency of the world and will always remain as the number one currency of the world. Bitcoin doesn't have any competition at a moment and may be the scenario would be the same for next few years too but we cannot be sure what will happen in future as there is a full possibility that in future bitcoin might get replaced by some new and innovative currency.
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Fourgh
Member
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Activity: 196
Merit: 10
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August 03, 2017, 12:19:18 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 no. Maybe overpowered if the price of that cryptocurrency is higher to that of bitcoin and one important thing if it is independent of Bitcoin then and only then it can replace Bitcoin. For now, Bitcoin Cash is based on Bitcoins blockchain. Meaning it is just an altcoin of Bitcoin, not a totally new cryptocurrency. Bitcoin Cash is totally dependent on Bitcoin, it cant replace Bitcoin just yet.
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LilibethSantos
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August 03, 2017, 12:23:04 AM |
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It is possible that it can be replaced but Bitcoin is actively developed and has the most reputable name on the market. I imagine it would take a long time before it disappears (if ever).
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number37
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August 03, 2017, 12:25:18 AM |
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no way the bitcoin can be replaced, it is too big to fail. There are too many big guys in it now.
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Savik
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August 03, 2017, 12:31:32 AM |
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no way the bitcoin can be replaced, it is too big to fail. There are too many big guys in it now.
The bigger they are, the harder they fall... Im not saying BTC will be extinct tomorrow, but someday BTC will be overshadowed by another crypto. The only constant is change.
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kuyaJ
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August 03, 2017, 01:22:23 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?
You can think again, Does bitcoin replaced by another cryptocurrency. Maybe you already know the answer. One main reason bitcoin is a mother of another cryptocurrency it's difficult to replace it for now . but nothing is impossible. it is possible but maybe the one like alt coins can be replace like bitcoin because the price of bitcoin have too much disadvantage and its price is not normal in every year so we need to have an another coin when bitcoin dissappear I think if bitcoin will be born again, what i mean is if bitcoin do restart again by where it is start it is more good but not same name.
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Caelanpelley
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August 03, 2017, 01:57:42 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?
Nothing is impossible. The definition of 'impossible' does not preclude any case. It is possible that one day a bitcoin will be replaced when its value or activity is less favorable than that of another.But instead of being replaced, bitcoin should be edited and fixed for better.
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ruthbabe
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August 03, 2017, 02:47:02 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?
Yes it make sense. But I think it is impossible that there'll be no one to use Bitcoin in the future. Like, it may be replaced by other cryptocurrency due to public and market's demand, but thinking that it will be no longer used by anyone, that's quite impossible. After the fork, BCC is climbing its way up quickly, for this reason, BTC will be overshadowed by BCC if the pump continues. Bitcoin is still number 1 and would remain as it's used to be. It can't be replaced today, tomorrow and beyond! However, during the chain split (hard fork) on August 1, a new cryptocurrency emerged known as Bitcoin Cash aka BCC or BCH as a result thereof.
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Gintama214
Sr. Member
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Merit: 250
DONATION SENPAI PLEASE <3 <3
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August 03, 2017, 02:54:49 AM |
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The possibilities are infinite, Yes it is possible but base on the statistics it would be far and hard to achieve. Bitcoin is the first crypto the was made my satoshi and I don't see my why do people always think that bitcoin will be replaced by another cryptocurrency?. As long as people use them and exchange it bitcoin will never be disappear. If soon bitcoin will get replaced by another crpytocurrency I think that it would be a long time to achieve that, we can see now some of the new altcoin and old altcoin that are trying to catch up with bitcoin are still far from reality to beat it. So therefore, bitcoin will not be replaced and still be the number in the market cap.
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Arkann
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August 03, 2017, 04:19:17 AM |
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While there is no need to replace bitcoin with another crypto currency, I hope that this need will not be in the future. I would not want to depart from Satoshi's ideas.
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senin
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August 03, 2017, 04:29:14 AM |
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Why should bitcoin be replaced by another crypto currency, if it shows good results and opportunities? I hope that this will never happen. Bitcoin should be strengthened and grow to the delight of its fans and users. Altkoinov already under one thousand, however anybody from them can not be compared with bitcoin, even created recently BCC.
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mirakal
Legendary
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Leading Crypto Sports Betting & Casino Platform
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August 03, 2017, 04:30:20 AM |
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While there is no need to replace bitcoin with another crypto currency, I hope that this need will not be in the future. I would not want to depart from Satoshi's ideas.
It could be surpass in terms of success but it will not be replace because it is the original and people are using it as they get the convenience which they have not experience staying on a decentralized system. Bitcoin also gives individual a chance to invest since experts predicted this that it will be going to be a high value asset as it continues to exist.
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