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Author Topic: Will Bitcoin be replaced by another cryptocurrency?  (Read 186361 times)
oloveloveo
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December 03, 2017, 12:17:33 PM
 #3281

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 dont know if theres a day that bitcoin will be replaced by other cryptocurrency. Because its really hard to predict. I think even theres a lot of promising crypto out there that could be alternative to bitcoin but i dont think that they can surpass bitcoin. For me bitcoin will still grow in the future and even it reached it peak no other could reach it.

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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, but full nodes are more resource-heavy, and they must do a lengthy initial syncing process. As a result, lightweight clients with somewhat less security are commonly used.
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December 03, 2017, 12:18:14 PM
 #3282

Now, a lot of altcoin came out, but I saw no potential. In the near future, perhaps 5-10 years bitcoin will still dominate.
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December 03, 2017, 12:18:56 PM
 #3283

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?

Yes, that's 100% possible to happen. As of now bitcoin is the number one in the cryptocurrencies, but we can't assure that after 10 years and above that bitcoin will still be the number one and could not be replaced. Technology is arising everyday and it's getting stronger and stronger, so that means it's very possible to happen that bitcoin will be replaced by another cryptocurrency one day.

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December 03, 2017, 12:21:31 PM
 #3284

Maybe Litecoin could be a real contender? Check out the main differences between Litecoin & Bitcoin at https://www.tokens24.com/wiki/what-is-the-difference-between-litecoin-and-bitcoin/.
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December 03, 2017, 12:22:21 PM
 #3285

Interesting question, things will move much faster one the general public uses Cryptocurrencies.
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December 03, 2017, 01:07:54 PM
 #3286

i dont think so? well maybe another currency can go high up value as the bitcoin now but i think it won't be replaced. Im just stating my opinion but we'll never know what might happen tomorrow.  Huh Huh Huh

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December 03, 2017, 01:17:28 PM
 #3287

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 bitcoin could be replaced by any other cryptocurrencies. Yes, there may be altcoins or other e-currencies rising but when we say bitcoin, it is what it is. Bitcoin is still processing since the year 2009 (if I am not mistaken), and to exchange something else from it will be impossible. Somehow, it could manage to have competitors or rise of competitions but what bitcoin have showed us made us stay on it.

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Ellapots1234
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December 03, 2017, 01:32:05 PM
 #3288

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 so. but for now it will not be replaced. perhaps if its really out of date and most of the people are now interested in bitcoin, time will
come that will think of another cryptocurrency that will replaced bitcoin. people will get tired of it as long as they are using it for a long time and they will long for another new currency
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December 04, 2017, 02:10:41 AM
 #3289

If it will. So, What is another cryptocurrency?
I knew Bitcoin only  Huh
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December 04, 2017, 02:36:18 AM
 #3290

If it will. So, What is another cryptocurrency?
I knew Bitcoin only  Huh
We don't know what currency will replace but I know there is a chance but that chance of making it happen is very small.
Keep your trust with bitcoin, we can still invest with altcoins because they will also rise but don't expect it will be in the number 1 spot.

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December 04, 2017, 02:49:22 AM
 #3291

Bitcoin is the first cryptocurrency introduced to the world in the year 2008. Because of bitcoing popularity many cryptocurrencies get introduced. Today there are more than 1000 cryptocurrencies are in existence. But among them very few are popular. Litecoin, Ethereum, Zcash, Dash, Ripple, Monero are the prominent competitors of bitcoin. These currencies have potentials to replace bitcoin in future. Sudden change in mood of investors towards these currencies or ban by all countries on bitcoin for security reasons etc can shift flow of investment from bitcoin to these currencies.

 
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December 04, 2017, 02:51:58 AM
 #3292

In my own opinion bitcoin will never be replaced by other cryptocurrencies who are also gaining its popularity right now, bitcoin started the rise of cryptocurrencies so I think it will stay there until the fall of all cryptocurrencies also. It is very hard to replace bitcoin because it has many users and investors and most of all it is the most trusted cryptocurrency nowadays.
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December 04, 2017, 02:54:29 AM
 #3293

bitcoin has a strong infrastructure of quality services, any coin approached with the same level of professionalism would win.
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December 04, 2017, 03:00:56 AM
 #3294

Surely oneday in future bitcoin will be replaced by some altcoins, rightnow bitcoin is very popular due to its price but it has many disadvantages like sonetimes slow and delay in transactions, so it could be replaced by some better altcoins in the near future.
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December 04, 2017, 03:05:53 AM
 #3295

It makes sense cause there`s so many alt coins that raises when bitcoin is going down. maybe one day if bitcoin just if has a issue that cannot be fix there`s  a chance that bitcoin will be gone.... Smiley

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December 04, 2017, 03:20:48 AM
 #3296

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 bitcoin will not be replaced by another crypto. Indeed, besides bitcoin already exists other crypto. But until now even for the future bitcoin has not been replaced. It can be said that bitcoin makes sense to be replaced by another crypto, if other cryptoes are more popular than bitcoin.
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December 04, 2017, 03:23:27 AM
 #3297

In the near future, there is a possibility that bitcoin dominance will face a serious challenge by another cryptocurrency or coin that contains features that will surpass bitcoin. Many coin developers continues to find ways on how to make a better coins. But nobody knows when will bitcoin replace by another supposed to be superior coin in the future.
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December 04, 2017, 04:32:56 AM
 #3298

We don't know what the future holds for bitcoin... maybe bitcoin will be replaced by other emerging cryptocurrencies or maybe not after all as we can see in the market that bitcoin still continue the rise of its market value today. It just shows that bitcoin will still remain there for a long period of time.
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December 04, 2017, 04:33:44 AM
 #3299

We don't know what will happen in the future, but there is not a coin that is even close to replacing bitcoin at the moment, just a few months ago people were talking about a coup that was to become a moment when ETH surpasses BTC, and this didn't happen, and it seems that this will never happen. In addition, bitcoin is close to being recognized worldwide, what will further enhance its feature
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December 04, 2017, 04:39:13 AM
 #3300

We don't know what will happen in the future, but there is not a coin that is even close to replacing bitcoin at the moment, just a few months ago people were talking about a coup that was to become a moment when ETH surpasses BTC, and this didn't happen, and it seems that this will never happen. In addition, bitcoin is close to being recognized worldwide, what will further enhance its feature

ETH will never overtake BTC, because the former is a scam controlled by shady characters. If another crypto is going to replace Bitcoin, then it is going to be Bitcoin Cash (BCH). Right now, it is the #3 crypto in terms of market cap and number of users and soon it will be #2 as ETH is going down constantly. And then, it is just a matter of time before it gives tough competition to BTC.

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