andylioe78
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December 07, 2017, 11:05:55 PM |
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You wonder if bitcoin can be replaced with other crypto for now. Maybe you already know the answer. One of the main reasons for bitcoin is the first of other cryptococcus, it is difficult to replace it in the near future at this time. but nothing is impossible.
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dbutp
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Streamity Decentralized cryptocurrency exchange
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December 07, 2017, 11:07:44 PM |
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that can happen. The old one will disappear and new ones will appear. Butcoin is a pioneer in the field of virtual currency, it is limited, I think there will be better, more complete, more beneficial cryptocurrens replacing bitcoin.
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ihsanskanzaone
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December 07, 2017, 11:12:16 PM
Last edit: December 07, 2017, 11:23:42 PM by ihsanskanzaone |
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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, although if Bitcoin was going to be obsoleted (yes, a real word  ) there would be a greater chance of radical changes being implemented in the bitcoin protocol. So it might continue but in a changed form. If they were to be way too radical, though, that would cause a lot of people to feel uneasy about keeping all of there funds in bitcoin... this is when you will see the scenario that there will be two or three coins at the very top in terms of pricing, but people seem to not realize that the price of something doesn't always mean that it is the best. I mean a lot of the time the arguments forbitcoin is that it is simply higher in price, and their argument has nothing to do with the technical aspects of bitcoin.. which is really silly in my mind. It's a silly thing to talk about bitcoins being replaced by other coins as bitcoin prices continue to rise above $ 15,000 and leave away other coins. but even if that happens there must be someone who has great strength and influence over bitcoin and intends to drop bitcoin because it is very unlikely that other coins can replace bitcoin in the hearts of bitcoin users after they get a big profit from bitcoin. |
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Harriti
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Activity: 756
Merit: 256
HEX: Longer pays better
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December 08, 2017, 12:11:42 PM |
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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, although if Bitcoin was going to be obsoleted (yes, a real word ) there would be a greater chance of radical changes being implemented in the bitcoin protocol. So it might continue but in a changed form. If they were to be way too radical, though, that would cause a lot of people to feel uneasy about keeping all of there funds in bitcoin... this is when you will see the scenario that there will be two or three coins at the very top in terms of pricing, but people seem to not realize that the price of something doesn't always mean that it is the best. I mean a lot of the time the arguments forbitcoin is that it is simply higher in price, and their argument has nothing to do with the technical aspects of bitcoin.. which is really silly in my mind. It's a silly thing to talk about bitcoins being replaced by other coins as bitcoin prices continue to rise above $ 15,000 and leave away other coins. but even if that happens there must be someone who has great strength and influence over bitcoin and intends to drop bitcoin because it is very unlikely that other coins can replace bitcoin in the hearts of bitcoin users after they get a big profit from bitcoin. I don't think so, at least, in some fields, Bitcoin not useful for using and apply to working. Example ICO and crowdsale, if you want to create an ICO through Bitcoin, you have to own a platform and system can manage the amount of Bitcoin from user and know those who bought token through Bitcoin. But with Ethereum, all things become easilier than Bitcoin, you just need to create a smart contract, then, it will be automatic. |
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StonedWolf
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December 08, 2017, 12:47:56 PM |
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In my opinion, sooner or later this change will take place in the cryptocurruncy's market !
In fact, there is a therie proving that every virtual currency once equal a certain level of value will explode and loss all its value. Which is very logical because in our life all follows the gossian curve more precisely : weakness -> strength -> weakness.
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smile1218
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December 08, 2017, 01:05:50 PM |
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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?
That could happen in the near future but we cannot tell when and how it will happen because the popularity of bitcoin is graciously spreading fast in the whole wide world and everybody is getting crazy in investing in bitcoin because of the profitability they will earn thru investing it. |
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lucy1215
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Activity: 105
Merit: 100
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December 08, 2017, 01:17:47 PM |
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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 time will come that bitcoin will be replaced by other crypto currency once that currency reached the current value of bitcoin it can replace the position of bitcoin. But for now i think that is impossible to happen because many of the investors now invest on bitcoin because of the profitability rate. |
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Gumpfire
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December 08, 2017, 01:21:39 PM |
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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 is impossible that bitcoin can be replace by another cryptocurrency because for bitcoin's price today it is now impossible to be beaten by any other currency. Bitcoin is mow being recognized by many people that's whyit is now getiing more popular day by day and more people would like to use bitcoin as a source of income. |
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Manchumichael
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December 08, 2017, 01:40:38 PM |
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In my opinion, sooner or later this change will take place in the cryptocurruncy's market !
In fact, there is a therie proving that every virtual currency once equal a certain level of value will explode and loss all its value. Which is very logical because in our life all follows the gossian curve more precisely : weakness -> strength -> weakness.
changes is already happening in the crypto market, but no other coin will reach bitcoin price this is my opinion. Now i accept many people know about bitcoin, but they don't know about altcoins. To know about this coins, it will take a couple of years and that time what will be the bitcoin price no one will guess. So I think no currency will replace bitcoin. |
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jassanpary
Full Member
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Activity: 420
Merit: 102
Arianee:Smart-link Connecting Owners,Assets,Brands
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December 08, 2017, 01:42:53 PM |
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In my opinion, sooner or later this change will take place in the cryptocurruncy's market !
In fact, there is a therie proving that every virtual currency once equal a certain level of value will explode and loss all its value. Which is very logical because in our life all follows the gossian curve more precisely : weakness -> strength -> weakness.
Anything can happen in future, this is competitive world so bitcoin also can face some competitor's. But bitcoin remain as the top most, stronest currency because already it's a strongly established cryptocurrency. For another cryptocurrency life is not easy to sustain and to give competition to bitcoin. |
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jeffer8035
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Activity: 251
Merit: 10
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December 08, 2017, 01:48:11 PM |
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maybe not replaced as such but if there are other cryptocurrencies that are going to dibercify the market since their technology is very advanced I will give you a deeponion that is going to make a very strong currency has a technology that will revolutionize the world of crypto
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Beparanf
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December 08, 2017, 01:49:10 PM |
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In my opinion, sooner or later this change will take place in the cryptocurruncy's market !
In fact, there is a therie proving that every virtual currency once equal a certain level of value will explode and loss all its value. Which is very logical because in our life all follows the gossian curve more precisely : weakness -> strength -> weakness.
Anything can happen in future, this is competitive world so bitcoin also can face some competitor's. But bitcoin remain as the top most, stronest currency because already it's a strongly established cryptocurrency. For another cryptocurrency life is not easy to sustain and to give competition to bitcoin. It's hars to replace bitcoin now by any other alts, btc aleeady surpass $18k mark and sonn it will be able to aet new highs again, many will get more interest on it soon. But neverbforget to have alt still try to collect more potential alts as much as possible. |
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simongros
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December 08, 2017, 01:54:32 PM |
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This is inevitable, technology is always moving and something better will come about. There are many ways Bitcoin could be improved upon. Now, there are other factors to take into account such as adoption of said cryptocurrency.
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Miles123
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December 08, 2017, 01:57:24 PM |
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I think bitcoin cannot be replaced by another cryptocurrency because this site has a big value and it's getting higher everyday. Bitcoin can really help us in our financial problem and can sustain our daily needs. You can invest or earn here money and save it for the future.
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valisa
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December 08, 2017, 02:00:27 PM |
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today bitcoin is not replaced by other crypto currancy, because bitcoin is the most popular coin and many use bitcoin, maybe if there is a better coin than bitcoin then the coin will replace it
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Gondwanaland
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December 08, 2017, 02:03:51 PM |
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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 but it maybe because if there are trending there is also people who imitate those trends. But i think there are imitation but it can replace the bitcoin. Bitcoin is the first involve in cryptocurrency that is why the people still depend here. |
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skurtsil
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December 08, 2017, 02:07:29 PM |
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I don't think BTC will be replaced by other coins. Bitcoin is the reason altcoins exist! There are some coins though that may rise tremendously in 2018 https://www.tokens24.com/coins/ |
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geegaw
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December 08, 2017, 02:09:01 PM |
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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?
That could happen in the near future but we cannot tell when and how it will happen because the popularity of bitcoin is graciously spreading fast in the whole wide world and everybody is getting crazy in investing in bitcoin because of the profitability they will earn thru investing it. I do not think it will be a near future, now the bitcoin is growing so strong and beating out all competitors with it, it is proving its value and potential, it wants to tell us all that it is the strongest in the cryptocurrency world, so want to replace it in the near future, that's an almost impossible thing. However, we should know that technology will gradually improve and improve in the future, so we can believe that in the distant future another currency will replace bitcoin, nothing can exist forever, it always will have stops |
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jayram
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Merit: 10
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December 08, 2017, 02:10:31 PM |
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I think given the current circumstances, that is highly unlikely, bitcoin has established itselt to be the leader of cryptocurrency and there is basically no other came close. It is the face of cryptocurrency. But time plays in a different way. Given the history, everything rise and fall, even the great roman empire has met its end.
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Golftech
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December 08, 2017, 02:17:40 PM |
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I think given the current circumstances, that is highly unlikely, bitcoin has established itselt to be the leader of cryptocurrency and there is basically no other came close. It is the face of cryptocurrency. But time plays in a different way. Given the history, everything rise and fall, even the great roman empire has met its end.
Bitcoin already made its mark, so its difficult for a new coin to compete from what bitcoin already established as long as there's development and new investors to support bitcoin it will stay as the number one crypto currency that will be recognized by most people around. |
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