Will Bitcoin be replaced by another cryptocurrency?

[Trela]

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 don't think so. Bitcoin is the first cryptocurrency and the value of Bitcoin now is much more than before. It's like a gold in crypto world.

It seems so. Despite I am agree with you, we should try to be a bit more objective. As bitcoin showed us nothing is impossible, that literally means that some other coin can take the lead in the future. But at the moment, nothing seems strong enough to do that.

Exactly! Bitcoin is strongest cryptocurrency in this year, but I thought Bitcoin will not keep its ranking in next few years. I want to use a currency can provide me a system is always stable, but Bitcoin can not provide for me a system like my wish. While, Ethereum, Ripple, Monero, Digibyte are the cryptocurrencies have high liquidity and the speed of transaction confirm always better than Bitcoin.

[InvaCoinCommunity]

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

[DU18]

IMO is it's really impossible for another crypto to replace for bitcoin.In last 5 year's bitcoin got so many success and that can't be crossed.I know some alt crypto doing well like btc but bitcoin is on top of all the crypto and it's impossible for alter crtpto to touch bitcoin.We can judge them by price,advantages or features where bitcoin is top.And no other crypto have the power to beat bitcoin right now.If that happens in future it will be nothing but a miracle

[ceremonita]

Bitcoin will not be replaced by another cryptocurrency because of its great qualities. In fact, Bitcoin is the mother of all cryptocurrencies so I think it will not be easily destroy by other crypto. We can also observe that the value of bitcoin increases everytime which only proves that it is still strong and competitive. And as days pass by, it becomes more popular to people which will result into larger bitcoin users.

It will never replaced by any other altcoin. This is the reality.

Being faster than bitcoin doesn't mean that you're better than bitcoin. Somebody thinks wrongly.

[mrayazgul]

ETH has the potential to replace BTC in terms of technology, but no price.

Maybe some atlcoin can replace the bitcoin only if someone surpass the price of btc which is impossible for me. Since Bitcoins took 8 years to reach 7000$ who's know some coins break the record and surpass the price of bitcoin can take place. But only in future not now. I am sure it will happen one day because one thing cannot rule always. If Bitcoin is the leader of digital currency these days, it cant always remain on top. A time will come when something better than bitcoin will be invented or discovered.

[Gotumoot]

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's not yet too late. You can still earn and invest by joining campaigns. There are also many like you who say that they are late but now they are peddling and constantly earning big money. Communicating with others who are very profitable, It has also been a lot of success after they invest and join bitcoin events here in our forum.

[uncoinwhales]

if you mean replace by price it is so hard but can replaced for fee / mining and low risk

[Gotumoot]

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's not yet too late. You can still earn and invest by joining campaigns. There are also many like you who say that they are late but now they are peddling and constantly earning big money. Communicating with others who are very profitable, It has also been a lot of success after they invest and join bitcoin events here in our forum.

I do not think there will be any replacement or even more bitcoin positions today. As far as we are today almost everyone who hopes or uses that cryptocurrency is bitcoin. Bitcoin has the highest percentage in the world that people often use and trust. If they are replaced, they may have difficulty. As far as they are concerned bitcoin is replaced by others.

[Lasvista]

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 it's gone, because in our modern era today? when you fight bitcoin? you will most likely find it harder for a man to use it. If there is anything wrong with him as well as bitcoin? I think it's not been done and it's been a long time to come out and introduce around the world. The rise of bitcoin seems to be the price of its value that continues to rise and increase the number of consumers. So it's hard to change it.

[ophyrim]

Please look at the bitcoin dominance over cryptocurrencies. 56.5% of 235 billion $ (133 billion $) at the moment. The closest competitor of bitcoin is ethereum with a total market cap of 33 billion $. This is hard but not impossible. Of course, the total market cap is not the only argument which shows replacement. But the most important one.

[harbin55]

From the good performance resulting to positive outcome, strong financial stability and well organized business strategies of the bitcoin it leads them to become popular.
Through this they can be threat for everybody. They cannot be easily replaced by other cryptocurrency because of there are more efficient.
The loyalty of the customer from their services is their main asset in this business which cannot be easily destroy.

[shejunk]

There is this possibility. But at least in the short term is impossible. Because bitcoin's technology is powerful, the potential of bitcoin is huge. I'm optimistic about the future of bitcoin, bitcoin era will come.

[websoftwareengineer]

There is possiblity for bitcoins to be surpass by any coin in the market, Since there are a lot of different coins that are coming out today, The best way to earn more profit is to research about the coin that has potential because not every coin can really grow its value.

[martina14]

this far from possible but if theres other crypto that can replace bitcoin will be ethereum because of its platform and the team behind it bbut i doubt bout the price they can get on the market, bitcoin cash is just a segwit from bitcoin so i think its impossible too.. bitcoin is the strsngeest crypto ever

[dave111223]

Smart money makes you believe it's possible to make some profit on your head

[goldcoinminer]

this far from possible but if theres other crypto that can replace bitcoin will be ethereum because of its platform and the team behind it bbut i doubt bout the price they can get on the market, bitcoin cash is just a segwit from bitcoin so i think its impossible too.. bitcoin is the strsngeest crypto ever

Bitcoin cash now is next to bitcoin and it's competing based on the trading volume, however, I don't think this would last and I will
definitely agree with you that ETH has a good chance to replace bitcoin even if it seems like it's still sleeping now.

[juirzhbv]

I don't think it will be replaced, but there will be more new coins, and the share of bitcoin will be reduced later

[justyourkuya]

Every cryptocurrencies has its own distinct features, advantages, and risks involved. But bitcoin is already at the top when it comes to the value and price. Over the years it reaches $7000 and no other cryptocurrencies have break that record. So, it all depends on how other currencies work on its own advantages.

[developer101dev]

No it cannot, As you look to the market  there is now coin that might be at the same level of bitcoins, Because the value of bitcoins as of today is $7k and there is no coin that has a potential to reach this value.

[hispout]

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 terms of ranking I think no one can beat bitcoin .

i remember when fiber optics internet connections were not readily available in the US yet people thought AOL would rule the space forever because they didnt understand what was coming. they couldnt understand how much faster shit was gonna get. the same thing applies here bitcoin is what brings everyone to the party buts it wont be why the stay. eventually shit progresses. not saying that is what is happening here just saying one day it will happen its only natural.

What do you think would eventually replace it then? Considering today's circumstances, might it be ETH? Or it might be a new tech still in the incubating process.

Yes, Whatever you have mentioned clearly indicates that it is not possible for any other currency to take place of bitcoin. No other currency especially altcoins are capable of making a market bigger than that of bitcoin when they’re totally dependent on bitcoin for their survival and market fluctuations. Bitcoin is going to maintain its position till its existence rather it is the upcoming international currency.