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Author Topic: Will Bitcoin be replaced by another cryptocurrency?  (Read 186361 times)
BTCappu
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December 06, 2017, 11:10:46 AM
 #3341

Most likely this is possible, but not in the near future for sure. But it is possible that with time, when the amount of bitcoin becomes smaller and the price of it increases, bitcoin will become an even stronger cryptocurrency. Therefore, we can not think of anything beforehand.
Yeah bitcoin is perfect and the one who created bitcoin was the genius person and he surely is seeing its popularity and will be feeling proud at this moment and there are more than thousand coins in the market and no other is same as bitcoin, bitcoin is unique and it will be giving a lot in future also and there is no chance that a kid can go beyond his parents and same is the case with other alts here bitcoin is father of all,

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December 06, 2017, 11:26:15 AM
 #3342

I think it's impossible for now .. We all know bitcoin is increasing its price this year for almost 10%. If Im not mistaken . Bitcoin is doing its best to become popular and most used cryptocurrency. Bitcoin is now a mainstream part of cryptocurrency .. Replacing bitcoin is possible but I think this will happen for a very longtime.. That's why they're releasing forking version of bitcoin to innovate the technology of bitcoin and to enhance it's use..
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December 06, 2017, 02:00:49 PM
 #3343

I believed no. The first reason that Bitcoin has a huge advantage over newer altcoins is the network effect. When new merchants decide to accept cryptocurrencies as payment, they are usually just talking about Bitcoin. Bitcoin already has the largest community, and bitcoiners want to get all of their friends and the rest of the world to join that particular community. There are many more bitcoiners out there telling people about Bitcoin than other cryptos.
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December 06, 2017, 02:53:11 PM
 #3344

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, all uses that have cryptocurrency have bitcoin and most of alt coin earn by exchange bitcoin into it .


but  other technology can replace bitcoin
Geoll29
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December 06, 2017, 02:58:29 PM
 #3345

There will always be a possibility for that to happen but still bitcoin will remain on top for a long period of time.

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December 06, 2017, 03:04:35 PM
 #3346

Yes it can be also possible that bitcoin can be replaced by any other cryptocurrency. But if you see the statistics then it seems to be very difficult for any other crptocurrency to replace  bitcoin.

ramini
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December 06, 2017, 03:06:23 PM
 #3347

It's possible, i think the best Cryptocurrency isn't the Bitcoin but something else. Maybe it's already there and just sitting in the corner waiting for lucky investors.

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December 06, 2017, 03:09:04 PM
 #3348

There will always be a possibility for that to happen but still bitcoin will remain on top for a long period of time.

Bitcoin isn't even the strongest, the most secure, faster or the best. Something else that could beat Bitcoin in al aspects of an ideal Cryptocurrency that could carry all the features that people would like to see and experience. Not now, not today but snot forever, Bitcoin will be part of the history then.

amih
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December 06, 2017, 03:11:55 PM
 #3349

at this time I think it is impossible to happen because the distance of bitcoin price with altcoin is now very far away. may happen if fiat money is not used at all because pumping of altcoin is sure to happen on a large scale.

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December 06, 2017, 03:18:28 PM
 #3350

I think theres no cryptocurrency can replace bitcoin,but who knows,because we are living in a dynamic world,and if it is,we are greatful for that and im pretty sure im going to invest on it
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December 07, 2017, 06:42:38 AM
 #3351

It can happen only if people stop using the bitcoin and start using other crypto currency. The demand will be decrease and supply would high. Which can cause the  bitcoin could be down. But i think its impossible since everyone like it. Bitcoin is the mother of all crypto currency. Even those people who are involve with other Crypto currency move to bitcoin because it gives much benefits as compare to other coins.

I don’t think so that any other crypto has much potential to replace bitcoin because main thing is user circle and the people who are already on bitcoin will never switch to the new emerging coin and the main thing is will any other coin give profit and eases like bitcoin and what is the surety that people will accept that coin as they are praising bitcoin so it’s useless to say that any of coin will come near to bitcoin ever.
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December 07, 2017, 07:56:33 AM
 #3352

Nothing is impossible, It may happen in future but definitely not now.

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December 07, 2017, 09:14:15 PM
 #3353

It can happen only if people stop using the bitcoin and start using other crypto currency. The demand will be decrease and supply would high. Which can cause the  bitcoin could be down. But i think its impossible since everyone like it. Bitcoin is the mother of all crypto currency. Even those people who are involve with other Crypto currency move to bitcoin because it gives much benefits as compare to other coins.

I don’t think so that any other crypto has much potential to replace bitcoin because main thing is user circle and the people who are already on bitcoin will never switch to the new emerging coin and the main thing is will any other coin give profit and eases like bitcoin and what is the surety that people will accept that coin as they are praising bitcoin so it’s useless to say that any of coin will come near to bitcoin ever.
If you want to talking about the technology or platform between cryptocurrencies, I can say no crypto is perfect all.
Ethererum, Bitcoin, Monero, Dash, Ripple, Litecoin or other potentital altcoins can not be the best or strongest crypto.
It can happens in a cycle, but it does not mean will be forever.

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hamza1044
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December 07, 2017, 10:02:24 PM
 #3354

no this is impossible , i think there no cryptocurrency can replaced the bitcoin in any case bitcoin will be in the first of martket because the bitcoin is the king of crypto .

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December 07, 2017, 10:06:01 PM
 #3355

No or maybe, to surpass bitcoin is very difficult task but for now i cant predict what will happen because in my observation no other cyrpto has a potential to match bitcoin in terms of popularity and demand.
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December 07, 2017, 10:07:44 PM
 #3356

Maybe in the future, because in every year the number of ppl who lost their keys get grow
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December 07, 2017, 10:12:04 PM
 #3357

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?

Long ago, nobody even didn't expect that there will be a currency that will punch dollars. And know you see a new currency (not from the same categories) punch the dollars
Maybe in the future, there will be a new currency  (maybe its not cryptocurrency) because if from the same categories
So maybe these currencies came from a new technique, no matter digital or what

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December 07, 2017, 10:34:52 PM
 #3358

That is difficult to say, hope eth will go the same path.
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December 07, 2017, 10:36:58 PM
 #3359

yes , it will
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December 07, 2017, 10:52:52 PM
 #3360

Everything can be possible in the crypto world. I remember, About 2 months ago when bitcoin's price fell down suddenly, and it was 2900 USD per BTC. That time many people were telling that bitcoin will vanish very soon. But now, Bitcoin is ruling. But I believe bitcoin can't be replaced by any others coin. Bitcoin has reached a milestone target by hard struggling.

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