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Author Topic: Will Bitcoin be replaced by another cryptocurrency?  (Read 186401 times)
Zarbout
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October 07, 2017, 01:35:13 PM
 #2501

I don't think we will see this happening the next few years. Bitcoin is the strongest cryptocurrency in the market without dangerous concurrents.

FasTroy
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October 07, 2017, 01:57:43 PM
 #2502

Cryptocurrencies still a new technology. Maybe with time it will be a stronger developed crypto that gain the place of bitcoin. Technology is border-less.
Actually, I think there is no cryptocurrency can take the place of bitcoin, because as we know all people who use cryptocurrencies, they believe too much in bitcoin unless other altcoins, Also bitcoin is still very brand new and very trustable compared to some other crypto. So at least 15 years more and then maybe will be remplaced by another cryptocurrency.

Raja_MBZ
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October 07, 2017, 02:44:52 PM
 #2503

Cryptocurrencies still a new technology. Maybe with time it will be a stronger developed crypto that gain the place of bitcoin. Technology is border-less.
Actually, I think there is no cryptocurrency can take the place of bitcoin, because as we know all people who use cryptocurrencies, they believe too much in bitcoin unless other altcoins, Also bitcoin is still very brand new and very trustable compared to some other crypto. So at least 15 years more and then maybe will be remplaced by another cryptocurrency.

Wrong, bitcoin can be replaced.

Its just like, the buttoned-phone has now been mostly replaced by touch-phones. Windows 98 has been replaced by Windows 10. Just like that, advancement in crypto-currencies can replace bitcoin. But I don't think so that it'd be in near years/time though.
pat4cryptoreal
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October 07, 2017, 05:10:54 PM
 #2504

 I do not really accept the speculation that there will be any alternative cryptocurrency that will kick out bitcoin from existence or being the leading cryptocurrency because when we are talking about blockchain technology, bitcoin is seen as the foundation. The developers of bitcoin are not sleeping. Every thing about all other cryptocurrencies have its root from bitcoin.
Lady Coquet
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October 07, 2017, 05:34:55 PM
 #2505

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?
No there is no chance that bitcoin can be replaced by any other cryptocurrencies because bitcoin is more popular and has more greater value than any other cryptocurrencies. So there is no possibility that other cryptocurrency can ever replaced bitcoin in the market.
coin_1122
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October 07, 2017, 05:41:16 PM
 #2506

I don't think we will see this happening the next few years. Bitcoin is the strongest cryptocurrency in the market without dangerous concurrents.

Everyone will accept Bitcoin is the strongest currency where there is no possibility for other coins. Still, many countries are developing blockchain tech for any purpose that's why Bitcoin become very popular when compared to other altcoins.
Succurs
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October 07, 2017, 08:49:35 PM
 #2507

The bitcoin will be the foundation currency. It is the reserve currency in the electronic entire world and not replaceable.
btcgainer24724
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October 07, 2017, 10:23:31 PM
 #2508

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 hard to preddict that at this moment...in my opinion bitcoin will never be replaced by other cryptocurrency because bitcoin is the mother  all cryptocurrency.But in the world of crypto you never know what will happen next..Nothing is impossible  Wink
DoublerHunter
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October 09, 2017, 01:46:30 PM
 #2509

I don't think we will see this happening the next few years. Bitcoin is the strongest cryptocurrency in the market without dangerous concurrents.

Everyone will accept Bitcoin is the strongest currency where there is no possibility for other coins. Still, many countries are developing blockchain tech for any purpose that's why Bitcoin become very popular when compared to other altcoins.
Bitcoin is popular because it is the very first cryptocurrency that has ever launched and successfully created by satoshi nakamoto. Everyone in this world will not accept bitcoin for sure because they will have different beliefs that they will rely in making decision and we can just have cryptocurrencies for options and not for forced migration of the money that we are gonna be using.
kelinci_putih
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October 09, 2017, 02:10:43 PM
 #2510

I don't think it will happen, because Bitcoin is the first one in the crypto world as mother cryptocurrency and have a large support from the community so I doubt bitcoin can be replaced. There's won't be any altcoin which can replace bitcoin, but they will still exist.

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Freezingel
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October 09, 2017, 02:14:13 PM
 #2511

Yes it can happen but i don't think that will happen in near future. Bitcoin right now is the flagship of crypto currency and the nearest is eth but i don't think eth right now has the ability to replace bitcoin.

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October 09, 2017, 02:27:00 PM
 #2512

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 this is not possible for now, as you can see, bitcoin is number in the market. People see bitcoin as gold, and I really think that bitcoin is a very good long-term investment. A lot of people were able to change their lives because of bitcoin. If you can buy bitcoin at cheap rate and hold it for a long time, you can gain a lot of income.
cryptozeal!
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October 09, 2017, 02:43:26 PM
 #2513

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 hard to preddict that at this moment...in my opinion bitcoin will never be replaced by other cryptocurrency because bitcoin is the mother  all cryptocurrency.But in the world of crypto you never know what will happen next..Nothing is impossible  Wink

Nothing is impossible in crypto but "a big BUT" its still early days in many ways to really forecast what could be.
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October 09, 2017, 02:59:56 PM
 #2514

I don't think there is any alternate coin that could somehow replace bitcoin being the alpha of all the cryptocurrencies.
It's value can may be matched by ETH for instance, but it can never be surpassed, IMO.

brickafterbrickwalldpt
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October 09, 2017, 03:06:00 PM
 #2515

If there were multiple cryptocurrencies that would hold as much power as bitcoin over others currently it would be alot more profitable, but as it stands the current status quo will not change for a long time, it's simply not possible currently, but that's not necessarily bad I think. The cryptocurrency market has still a long way ahead of it.

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October 11, 2017, 01:01:12 PM
 #2516

no it truly is not possible. due to the fact when we very first think of cryptocurrency we think of bitcoin and we start our journey in cryptocurrency world with bitcoin and we really like to deal mostly with bitcoin. and even a lot of websites accept bitcoin but not other cash. so bitcoin is the father of all.
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October 11, 2017, 01:03:58 PM
 #2517

I think that everything can be in the future as bitcoin is imperfect and a lot of new crypto currencies are constantly being created which have real chances to replace it.

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October 11, 2017, 01:07:27 PM
 #2518

in my opinion it will not be possible bitcoin can be replaced, bitcoin is the ancestor of the coins. maybe there will only be a new coin.

MMostaza
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October 11, 2017, 01:11:42 PM
 #2519

I think in some years maybe this is possible. For example ETH can be a good candidate (taking also in account is not just a cryptocurrency) or XRP.

Ripple is working into the direction that media and banks like, setting trustable regulation and already interacting and giving services to many banks, so is not crazy to think that in some years XRP can overtake or at list be at the same level than Bitcoin.

MOTHIT
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October 11, 2017, 01:32:00 PM
 #2520

In my point of view nothing is impossible but Bitcoin is in positive mode only till date Bitcoin to be replaced by another cryptocurrency is not that easy as we all know that the performance of Bitcoin is very constructive not only that compare with another cryptocurrency Bitcoin is known and famous with the people a lot.

So it is not easy and also very difficult that Bitcoin will be replaced by another cryptocurrency.

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