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Author Topic: Will Bitcoin be replaced by another cryptocurrency?  (Read 186361 times)
jerrison
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October 17, 2017, 09:58:59 PM
 #2621

Considering the widespread and the global acceptance of bitcoin and also the reliability of the bitcoin technology, it is out of the picture to say that another currency will replace bitcoin except if the globe will accept unanimously just one currency aside bitcoin

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jerrison
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October 17, 2017, 10:00:24 PM
 #2622

But if we talk in the terms of bitcoin been replaced by another crypto currency, I will strongly and confidently disagree with that fact.

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October 17, 2017, 10:05:16 PM
 #2623

I believe that Bitcoin can't be replaed by any other crypto currency. Bitcoin is the most used crypto currency worldwide and also having the higher price. Other altcoins need many years to become a bit close to the actual Bitcoin's statut
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October 17, 2017, 10:11:38 PM
 #2624

I would say bitcoin will be replaced in future. Bitcoin is limited and the technology is fix. Ether is different and a platform for many other technologies. Maybe ether can replace it in long and bright future. Or some other coin with this property, but it will take a long time.
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October 17, 2017, 10:12:36 PM
 #2625

I believe that Bitcoin can't be replaed by any other crypto currency. Bitcoin is the most used crypto currency worldwide and also having the higher price. Other altcoins need many years to become a bit close to the actual Bitcoin's statut
well maybe someday it will be replaced by another coin.but i believe it counts many year to be replaced or maybe it cant be replaced i think it is now too early to predict on what will going to happen in bitcoin on the incoming year .i believe bitcoin today is popular and in case if there are another coin replace btc maybe it count a year or a decade .
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October 17, 2017, 10:20:03 PM
 #2626

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?
We can't really assure that bitcoin still on top always and there's always any possibilities that it could be replaced by other coins. But then, possibilities also that bitcoin would still on the power of being number pick by many investors and users. This things could make a change in the entire life of bitcoin as it takes a big support of it. Because we really know that bitcoin is doing great and when it comes to popularity, bitcoin is still there but still have chances also in a long run.
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October 17, 2017, 10:37:53 PM
 #2627

Everything has an end... It seems not possible now that bitcoin could be replaced by one of the existing alt coins. But in the future, nothing's impossible. I think the bitcoin we know could be replaced by one of its "child", a alt bitcoin from a fork that would have better adhesion than the original btc.

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October 18, 2017, 01:58:28 PM
 #2628

Yes it could be possible,right now there are too many cryptocurrency that makes its appearance to the bitcoin world.There is an a!tcoin that is threatening bitcoin, even if that coin is very young or that coin is just starting I think it can be really a big problem to the bitcoin.Aside from the ethereum's rapid growth the altcoin helps too many people also,so that is some proof that it can replace bitcoin.But from now it's bitcoin that is the general coin that is used,so no one can ever predict.
Of course this can be possible as we know about altcoin is that altcoin is becoming popular in the market and people started investing in altcoin instead of bitcoin because altcoin show to the people a new project and we know people love the change and I am sacred about bitcoin now because if that happened continuously then price of bitcoin will goes down very quickly.
Well I believe now a days here is a tough competition in world and bitcoin can also face any other crypto currency but when china banned bitcoin and the way it fight against china so I think bitcoin knows how to fight against any fork in his way so I think bitcoin is very difficult to replace by any other crypto currency because bitcoin has now a strong hold in market.
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October 18, 2017, 09:54:59 PM
 #2629

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.
Correct, people think that another coin can just come up and replace bitcoin but things are not so simple, if bitcoin failed and was replaced by another coin I do not know if I will still invest in crypto anymore and I think I’m not alone on this, the trust in cryptocurrencies will erode and that will make the prices to crash and it is possible that this will be a setback that could be impossible to overcome.
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October 18, 2017, 10:22:49 PM
 #2630

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.
Correct, people think that another coin can just come up and replace bitcoin but things are not so simple, if bitcoin failed and was replaced by another coin I do not know if I will still invest in crypto anymore and I think I’m not alone on this, the trust in cryptocurrencies will erode and that will make the prices to crash and it is possible that this will be a setback that could be impossible to overcome.
I would definitely do the same. Since then I have no problem with bitcoin. So if ever it will be replaced by another cryptocurrency, I think that will be my end. I mean it would be hard for me to give my trust on particular things because I want to make sure that it is safe and certain on things that I expect. Bitcoin has given me so much challenging tasks everyday despite how weak I am,I became strong and face the challenges in earning it. I know that this time I'm experiencing storms in life but someday that storm will have a fine and cloudy day.
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October 18, 2017, 10:25:09 PM
 #2631

Bitcoin will remain strong due to its brand name and the community behind it. Newer cryptocurrencies will have features that bitcoin lacks, so they will serve their purposes. I think what we will see is a broad range of cryptocurrencies servicing different groups and industries.
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October 18, 2017, 10:29:47 PM
 #2632

I would say bitcoin will be replaced in future. Bitcoin is limited and the technology is fix. Ether is different and a platform for many other technologies. Maybe ether can replace it in long and bright future. Or some other coin with this property, but it will take a long time.
Yes that is right  that we cannot expect it in present time. but in future when bitcoin will become too much common then we can expect that cash will be replace by bitcoin and other altcoin, because the new generation trend is totally toward online business and shopping and therefore they will certainly give more preference to bitcoin instead of cash.
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October 18, 2017, 10:36:00 PM
 #2633

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?
Despite being the most successful crypto , bitcoin still lacks a lot of  characteristics that the community craves such as full anonymity and being really untraceable . Decentralization isn't enough and people will always ask for more and if bitcoin can't improove to meet their needs they might simply replace it .
Jessica2009
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October 19, 2017, 12:05:21 AM
Last edit: October 19, 2017, 12:16:31 AM by Jessica2009
 #2634

        

     Bitcoin is one of the major Cryptocurrency and its performance in the market are fairly good. People are investing in it and making good profit
and its demand in the market is day by day increasing then why should it will be replace by another cryptocurrency.Mostly due to the high price of the bitcoin there is possibility to bring up the any of the low priced coins.
Mean time I hope bitcoin will be retaining with its full strength in the market.

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Makka
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October 19, 2017, 04:45:04 AM
 #2635

Maybe it will happen in the future. But for now crypto is not yet mainstream and is still growing big at fast pace with bitcoin as the leading coin. I believe centralized tokens under different governments and business institutions will happen soon.
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October 19, 2017, 05:00:55 AM
 #2636

Yes it could be possible,right now there are too many cryptocurrency that makes its appearance to the bitcoin world.There is an a!tcoin that is threatening bitcoin, even if that coin is very young or that coin is just starting I think it can be really a big problem to the bitcoin.Aside from the ethereum's rapid growth the altcoin helps too many people also,so that is some proof that it can replace bitcoin.But from now it's bitcoin that is the general coin that is used,so no one can ever predict.
Of course this can be possible as we know about altcoin is that altcoin is becoming popular in the market and people started investing in altcoin instead of bitcoin because altcoin show to the people a new project and we know people love the change and I am sacred about bitcoin now because if that happened continuously then price of bitcoin will goes down very quickly.
Well I believe now a days here is a tough competition in world and bitcoin can also face any other crypto currency but when china banned bitcoin and the way it fight against china so I think bitcoin knows how to fight against any fork in his way so I think bitcoin is very difficult to replace by any other crypto currency because bitcoin has now a strong hold in market.
It is not difficult to replaced by any cryptocurrency if Bitcoin can not gives us a stable system. Example, if Bitcoin did not solve the problem about transaction fee and time confirm in August hard fork and even, it has many errors when we transfer Bitcoin, do you think it will not replaced by another cryptocurrency?

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October 19, 2017, 05:04:55 AM
 #2637

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 do not think it makes sense if Bitcoin is replaced, because Bitcoin itself is the parent of all altcoins, because no matter how many coins we have because it will return to the Bitcoin benchmark, but for now there is etherium that might replace Bitcoin, occupy 2 and altcoin positions favorite.

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October 19, 2017, 07:11:05 AM
 #2638

For me Bitcoin will be replace by another cryptocurrency if bitcoin reach the limit of 21 million. But right now bitcoin can’t be replacing by another cryptocurrency because bitcoin is the most expensive, popular and leading cryptocurrency of all and many people are accepting, using and willing to try bitcoin. Smiley
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October 19, 2017, 08:24:08 AM
 #2639

For me Bitcoin will be replace by another cryptocurrency if bitcoin reach the limit of 21 million. But right now bitcoin can’t be replacing by another cryptocurrency because bitcoin is the most expensive, popular and leading cryptocurrency of all and many people are accepting, using and willing to try bitcoin. Smiley
It's still not certain, the volume or the number of supply is not going to be the reason why it will be replace, I've seen how people are supporting bitcoin and if you can check on the volume you will see bitcoin is dominating in the crypto market, so it's simply the king of all. This will be replace big holders will dump their bitcoins and go to other crypto currency or altcoins but I don't think it's going to be soon, bitcoin is getting stronger day after day.

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October 19, 2017, 08:31:23 AM
 #2640

bitcoin may be replaced that can happen in the future but it will take a very long time for Altcoins to reach to Bitcoin's price.

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