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Author Topic: Will Bitcoin be replaced by another cryptocurrency?  (Read 186365 times)
daweiwuli
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December 01, 2017, 04:49:58 PM
 #3241

possible. But not so fast. Bitcoin still has a long way to go. Bitcoin is excellent at the moment. Bitcoin is insurmountable now. I am very optimistic about the future of bitcoin. I think the bitcoin era will come. The potential of bitcoin is huge. Smiley

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ekans45
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December 01, 2017, 04:55:27 PM
 #3242

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.
We need to always remember that other crypto-currency or altcoin depends their price to bitcoin , just how bitcoin is dependent to the price of dollar. Without the value of the dollar bitcoin can stand on the market or even established a value in transaction investment or even in trading. So before thinking of replacement we should think first of development
ujjwalsethi
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December 01, 2017, 04:59:50 PM
 #3243

Till now I don't think bitcoin will be replaced by any currency as bitcoin is in trend now a days but yeah we all know that future is uncertain anything will be there but bitcoin will have its value in the coming future. It will touch great heights.

Boysen
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December 01, 2017, 05:05:07 PM
 #3244

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?
There is no altcoin can surpass bitcoin because even the ETH can't beat the bitcoin. Bitcoin is the strongest cryptocurrency and many people are supporting the bitcoin because of its uses.

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December 01, 2017, 05:18:47 PM
 #3245

Yes it is highly probable that bitcoin will be replaced by some other coin when we reach the 21mil supply
lzby2000
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December 01, 2017, 05:27:35 PM
 #3246

In my opinion, in the short term, the status of bitcoin will not be replaced by other encrypted coins. At least in the year, bitcoin cannot be surpassed. There are many aspects of this reason. There are a lot of people's identification with the special currency, and a large number of miners to compare special currency support. And most of the funds are related to the support of the special currency.

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Smpdytz
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December 01, 2017, 05:31:31 PM
 #3247

I dont think soo beacause bitcoin is the founder of cryptocurrency and day by day its growing more than the other cryptocurrencies .but in rare future sometimes it can be changed may be eth will get bitcoins place
supto005
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December 01, 2017, 05:33:39 PM
 #3248

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?

May be it happen. But i have little bit doubt that bitcoin replaced by another cryptocurrency because of Bitcoin is one of the best cryptocurrency.
Digitalbitcoin
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December 01, 2017, 05:36:13 PM
 #3249

It can happen because Bitcoin has many disadvantages such as slow transaction speed, small size of block, high fee. But I believe that the developers will improve it

Guys already there are more than 5000+ cryptocurrencies are in global market. Among 800+0 are really great cryptocurrencies which have really great value compared to bitcoin. But till date Bitcoin is the first and most loved projects by its users. In coming future if user turns there mind, then it can be happen that any other cryptocurrency can take place of Bitcoin.

But still, Bitcoin is unique and will be memorable till last as a pioneer of cryptocurrency.
naglas
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December 01, 2017, 05:43:33 PM
 #3250

it could get replaced, but i don't think it will happen any time soon, and not for long term
DaftAjax
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December 01, 2017, 05:43:40 PM
Last edit: December 01, 2017, 06:17:38 PM by DaftAjax
 #3251

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?
Come on let's face reality, that will happen eventually, nothing lasts forever - the existence or presence that is. There will be the time that the reign of Bitcoin will end. But as you can see, its making its time the most of it, well so were we. I mean, what's the sense of innovation if we're still going to use the same method over and over. At some point we may still will use it, but as a foundation. Because we already have a more advanced method or procedure, but has the element(s) of that past methods or procedure.

It will happen, but not very soon. Because as we know, its not even half of the total number of Bitcoin that have been mined. So there's still a long way to go before we can replace it.

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Anton_notnA
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December 01, 2017, 05:46:20 PM
 #3252

Yes, I strongly believe that it's one of the easiest things to do, to "replace" bitcoin, if one with money and connections sets his mind on it. The market is very manipulative.Bitcoin is just a brand name or say a trend, that people buy, because everyone else buys it..the honest truth is, there's really no real demand behind it, that is of daily necessity.
12popi123
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December 01, 2017, 06:07:08 PM
 #3253

Never say never. There are a lot coins that are better than Bitcoin. But its the first coin created and people believe in it so it keeps its value.
NewBet
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December 01, 2017, 10:50:30 PM
 #3254

Bitcoin will never be replaced. You can't just take over the newtork and make it into a new currency. It will always be here.

I think what you meant to ask is will another cryptocurrency ever become more popular or widely used than Bitcoin? I would have to say this is a possibility because no one knows the future.
dbutp
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December 02, 2017, 02:40:39 AM
 #3255

Nothing is impossible. When bitcoin is old and outdated, the world will have a better cryptocurren instead of it. But to get another cyacocurren to replace bitcoin is very difficult because bitcoin is growing, it's becoming more popular and bitcoin is pioneering in the virtual currency world.

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December 02, 2017, 03:13:17 AM
 #3256

Bitcoin will never be replaced. You can't just take over the newtork and make it into a new currency. It will always be here.

I think what you meant to ask is will another cryptocurrency ever become more popular or widely used than Bitcoin? I would have to say this is a possibility because no one knows the future.

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December 02, 2017, 04:03:28 AM
 #3257

I believe bitcoin will never be replaced. Bitcoin proves that he the king of the cryptocurrencies. But no one knows or maybe I am wrong. Nothing is impossible in this world.
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December 02, 2017, 04:41:01 AM
 #3258

Anything can happen but as of now its not seems to me that bitcoin can be replaced by other cryptocurrency. Technology matters If some other coin come up with great technology or with great vision can also give good fight to btc but its not that much easy to replace btc as it's already a established/well-known coin.

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December 02, 2017, 04:59:27 AM
 #3259

maybe in short will not be but it long term maybe because bitcoin still have high demand.
goldcoinminer
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December 02, 2017, 05:19:39 AM
 #3260

Anything can happen but as of now its not seems to me that bitcoin can be replaced by other cryptocurrency. Technology matters If some other coin come up with great technology or with great vision can also give good fight to btc but its not that much easy to replace btc as it's already a established/well-known coin.
Bitcoin is very strong, it's the most dominant crytocurrency in the market so if this will go down, some altcoins might be affected
or worst is the entire market, I would not wish that will happen because it's good to see the success of the entire market.
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