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Author Topic: Will Bitcoin be replaced by another cryptocurrency?  (Read 186361 times)
bigmaster23
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November 08, 2017, 08:20:28 AM
 #2961

it depends on the population who will use an alternative coin that can surpass the btc it always depend on supply and demand.

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November 08, 2017, 08:49:16 AM
 #2962

I think bitcoin cannot be a usable cryptocurrency, rather a store of value or investment. bitcoin transactions are expensive, the supply is limited, it will not replace fiat in everyday life. ETH or ripple might do that.

LOL.. you think that ETH or XRP will be able to do what BTC is unable to do? Without Bitcoin, these currencies will be worthless. I agree with you that Bitcoin transactions have become quite expensive now. But your second argument (limited supply) is just ridiculous. Limited supply increases the value of Bitcoin and makes it more attractive to everyone.
As a money storage, investment etc, but not as a currency to buy groceries. Its like proposing we introduce gold as currency again. One of the the main causse for the great economic progress in the past decades is because money was printed (actually coded) out of nothing.

I missed the BTC train Sad donate bitcents: BTC:1CWpbYGZVmC14zqLgNmnU8R8CbM9dbx4CY ETH:0x546A87681f70929634236Ad243AE4722A5CbDcC6
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November 08, 2017, 12:55:19 PM
 #2963

at this fee it appears like t's already taking place proper now.bitcoin is getting rid of market share at a speedy rate.
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November 08, 2017, 02:22:59 PM
 #2964

Our Big Brother Bitcoin, let it be the gateway to the Cryptoworld Cheesy
So I don't think Bitcoin will be replaced by any other cryptocurrency Smiley Smiley


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November 09, 2017, 01:21:25 PM
 #2965

I think everything can happen, now bitcoin looks perfect and leads the market share cryptocurrency, but it is possible that someday there will be better coins than bitcoin so that automatically bitcoin replaced.


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November 09, 2017, 02:06:00 PM
 #2966

I think nothing is impossible,maybe in the future bitcoin will be replaced with other currency,but not so easy because bitcoin is the pioneer of currency.
So Bitcoin will not be replaced with easily,but we never know whether later in the future the  bitcoin will be replaced with another ? and I hope the bitcoin will never be replaced because Bitcoin is everything to me.

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November 09, 2017, 02:08:54 PM
 #2967

I think that's impossible.Bitcoin faced a very hard time to reach at this stage.And now bitcoin is no.1 crypto currency.There's no other altcoin that they will beat bitcoin and sit on no.1 position.
So bitcoin will never be replaced by another crypto currency

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November 09, 2017, 02:13:35 PM
 #2968

I think that's impossible.Bitcoin faced a very hard time to reach at this stage.And now bitcoin is no.1 crypto currency.There's no other altcoin that they will beat bitcoin and sit on no.1 position.
So bitcoin will never be replaced by another crypto currency

Look at Myspace before Facebook or Yahoo before Google. Nobody can predict anything, it was a big surprise for us that the fork was cancelled. But this is completely different scale. Bitcoin could have been replaced but the technology it brought is here to stay. I am not talking about next 3 years but more like 20.
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November 09, 2017, 02:18:29 PM
 #2969

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?
in my opinion no one can replace bitcoin, bitcoin is king kripto in terms of price no one can beat let alone replace very far at all to outperform bitcoin
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November 09, 2017, 02:20:02 PM
 #2970

Yes there is a chance to replace Bitcoin by any other cryptocurrency.But replace Bitcoin is never be an easy task for them , because Bitcoin is already keep their flag as a most profitable investment in each and every Bitcoin users.To distroy and win over Bitcoin is really harder for that cryptocurrency.
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November 09, 2017, 02:21:21 PM
 #2971

I think everything can happen, now bitcoin looks perfect and leads the market share cryptocurrency, but it is possible that someday there will be better coins than bitcoin so that automatically bitcoin replaced.
It can happen but now the bitcoin has become the mother of all coins. rather difficult if we want to shift the bitcoin. almost the biggest asset in cryptocurrency is bitcoin. unless investors start to leave
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November 09, 2017, 02:25:23 PM
 #2972

It's very difficult to replace bitcoin as it is already strogly established in the field of crypto currency.
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November 09, 2017, 02:26:48 PM
 #2973

Yes there is a chance to replace Bitcoin by any other cryptocurrency.But replace Bitcoin is never be an easy task for them , because Bitcoin is already keep their flag as a most profitable investment in each and every Bitcoin users.To distroy and win over Bitcoin is really harder for that cryptocurrency.

So it would be like your answer is no, it cannot be replaced right?  Just like what you said, it would be hard for them to beat bitcoin considering that all their prices were based on its price.  I mean when you buy new altcoin, you will use bitcoin to buy some.  Many people who are into digital currencies have bitcoin as their investment.  Since bitcoin is trusted, proven and guaranteed to give you real profit.

 
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November 09, 2017, 02:31:45 PM
 #2974

Many cryptocurrency have tried and did their best just to replace bitcoin. But the thing is that bitcoin has a much stable foundation than theirs. If there are any crypto that can replace bitcoin i would believe it will be Ethereum.
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November 09, 2017, 02:33:55 PM
 #2975

Bitcoin can never be replaced by any cryptocurrency because bitcoin is first of its kind and considered as an ancestor of digital currency. How much advancement occurred in crypto world but bitcoin has a special place which can never be replaced.
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November 09, 2017, 02:40:57 PM
 #2976

in this world, nothing is impossible. although the current bitcoin is very high. But I guess bitcoin someday will be replaced by another cryptocurrency and certainly will take a quite long time.
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November 09, 2017, 02:59:34 PM
 #2977

Many cryptocurrency have tried and did their best just to replace bitcoin. But the thing is that bitcoin has a much stable foundation than theirs. If there are any crypto that can replace bitcoin i would believe it will be Ethereum.
- Bitcoin really still is a powerful monster, it never lost the appeal for investors, it always has a strong supporter community, and the potential is still too big in the future, want to replace it, this is not a simple thing, we will need to wait for a long time
- Many people say ETH will replace Bitcoin in the future but I think it is very difficult, Bitcoin is still too strong, however, technology will always grow every day, someday, a technology will grow stronger and replace bitcoin, but perhaps that will be a very distant future, hopefully we can see. Now, this is still the world with the domination of bitcoin
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November 09, 2017, 03:06:15 PM
 #2978

It is hard to say.
As it is now the bitcoin will only keep on growing and will keep being the most valued cryptocurrency.
However, if someday, another cryptocurrency that is more evolved, more efficient, and basically better than the bitcoin will appear, it will replace him.
That being said, as long as the bitcoin keeps evolving, the chance of that happening is very unlikely.
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November 09, 2017, 05:25:00 PM
 #2979

In my guess probably not for still a decade to come. Well then again always expect the unexpected. There have been people speculating good, bad and worst scenarios for bitcoin. Some people enjoy calling bitcoin a scam and fake but most people are very hopeful. The dominance of BTC in cryptomarket in enormous and I guess it will stay the same for quite a while.
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November 10, 2017, 03:50:48 PM
 #2980

It is hard to say.
As it is now the bitcoin will only keep on growing and will keep being the most valued cryptocurrency.
However, if someday, another cryptocurrency that is more evolved, more efficient, and basically better than the bitcoin will appear, it will replace him.
That being said, as long as the bitcoin keeps evolving, the chance of that happening is very unlikely.
Currently, there are many altcoins better than Bitcoin about transfer money, anonymous transaction, system ... but why do most of people still using Bitcoin. Simple, they just interested the Bitcoin value, as long as Bitcoin has high value than other cryptocurrencies, they still using Bitcoin.

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