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Author Topic: Will Bitcoin be replaced by another cryptocurrency?  (Read 185472 times)
Sigmas55
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December 08, 2017, 03:26:06 PM
 #3401

A lot will try to replace BTC, but no one will succeed, not in the foreseeable future, maybe when all world move to crypto (including governments) we will see better alternatives compete with BTC.
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December 08, 2017, 03:33:24 PM
 #3402

Yes, and I hope it one i bought and hided at cold storage  Grin Seriously, just bought so many alt-coins which all claim to replace either bitcoin or etherium. Maybe my grandchildren will be billionaires  if won't throw away that crappy slow acer laptop I'm using for cold storage.

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December 08, 2017, 03:36:04 PM
 #3403

Sure it will be replaced... I don't know if it will be soon. Let's be fair - Bitcoin is not technologically perfect. It has very strong support from investors and is well known, but we should also remember how fast this market changes.
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December 08, 2017, 06:08:49 PM
 #3404

No, as you can see the bitcoin performs well in field of electronic banking, which they reach more than $17,000.00 per bitcoin.
It is a good outcome that many people are trusted to their services and continuously accepting their product in the market.
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December 08, 2017, 06:25:21 PM
 #3405

Yes, litecoin will replace bitcoin one day in the future. Litecoin is more advance and the fees are a lot more cheaper compare to the bitcoin. Litecoin is blazing fast too, the transaction. I really hope that most of the people adapt the use of litecoin and make it the next generation of bitcoin.

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December 09, 2017, 12:41:58 AM
 #3406

For me there's no other crypto could replace BTC even the top altcoin now which is the Ethereum. It is the fastest-growing asset in the world this year.
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December 09, 2017, 12:46:56 AM
 #3407

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 have no doubt that someday Bitcoin will be replaced by another currency. At least in the sense of as a currency of payment.

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December 09, 2017, 12:51:21 AM
 #3408

Market share is certainly different, bitcoin unlikely can stand alone without altcoin, too many altcoin will make positive effect of bitcoin, and I'm sure a lot of altcoin there are only a few that can survive.
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December 09, 2017, 01:18:00 AM
 #3409

No, as you can see the bitcoin performs well in field of electronic banking, which they reach more than $17,000.00 per bitcoin.
It is a good outcome that many people are trusted to their services and continuously accepting their product in the market.

Bitcoin can quite be replaced by other altcoins although now seem bitcoin is too difficult to replace but you should know the life is always change and nothing is exist forever. In the future if everyone can generate a coin which have technology better bitcoin, respond to demand of society then why it can't replace bitcoin. Now bitcoin price is high without by its value that's because it's only exist 21 millions coins but so many people want to buy it that make bitcoin price is increasing.
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December 09, 2017, 01:25:35 AM
 #3410

When quantum computers come out new blockchain tech will follow including bitcoins replacement
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December 09, 2017, 01:26:19 AM
 #3411

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?

The position of bitcoin as the number 1 ang pioneering coin is hard to replace most specially now that the price is hiking to the moon. It will takes time before any coin next to it replace its current position.

Market share is certainly different, bitcoin unlikely can stand alone without altcoin, too many altcoin will make positive effect of bitcoin, and I'm sure a lot of altcoin there are only a few that can survive.

Indeed, bitcoin can stand independently compaired to altcoins. It will be an achievement for an altcoin to replaced ethereum and other coin next to bitcoin. It looks impossible for it to replace bitcoin.
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December 09, 2017, 01:27:22 AM
 #3412

Maybe if we find it more beneficial than BTC but i think it will happen somewhere 5 to ten years from now or maybe not.
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December 09, 2017, 01:50:57 AM
 #3413

When quantum computers come out new blockchain tech will follow including bitcoins replacement

very precisely

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December 09, 2017, 01:55:57 AM
 #3414

I think it will be difficult to replace bitcoin. let alone replace, if there is altcoin that matches the price of bitcoin will surely happen extraordinary phenomena for the selection of king cryptocurrency. let alone bitcoin is the first digital coin that pioneered  of other altcoin.

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December 09, 2017, 03:17:10 AM
 #3415

I think it will be difficult to replace bitcoin. let alone replace, if there is altcoin that matches the price of bitcoin will surely happen extraordinary phenomena for the selection of king cryptocurrency. let alone bitcoin is the first digital coin that pioneered  of other altcoin.
The first cryptocurrency and the most trusted by the people, the price will just continue to rise because people have already invested
and with this currency they will help to develop and more people will use bitcoin to increase demand, once massive adoption will happen, we will
witness that bitcoin will be like a normal currency that we are using now.


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December 09, 2017, 05:37:05 AM
 #3416

I think it will be difficult to replace bitcoin. let alone replace, if there is altcoin that matches the price of bitcoin will surely happen extraordinary phenomena for the selection of king cryptocurrency. let alone bitcoin is the first digital coin that pioneered  of other altcoin.
The first cryptocurrency and the most trusted by the people, the price will just continue to rise because people have already invested
and with this currency they will help to develop and more people will use bitcoin to increase demand, once massive adoption will happen, we will
witness that bitcoin will be like a normal currency that we are using now.
It will not happen, bitcoin has a lot of conflicts that we are currently facing right now because if the developers will not fix this problem then bitcoin will be just an option to use in doing payments and dealing with some deals online. Bitcoin need to fix some problems first before it will be able to be like or act like a normal currency.

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December 09, 2017, 05:50:32 AM
 #3417

When viewed from the development of the crypto world, bitcoin is the mother of cryptocurrencies. It would be difficult for altcoin to beat the popularity of bitcoin.

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December 09, 2017, 06:00:33 AM
 #3418

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?
Juts in my opinion i think no one can replace it because this is a digital currency and it only acceptable in some payment so i think this bitcoin is become more popular by next and next year or maybe it become our real money / virtual money.
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December 09, 2017, 06:15:29 AM
 #3419

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. Maybe there are chances that another cryptocurrency will take over bitcoin when it comes to value but replacing bitcoin? It's too far from possible. Some may say that there is but if we can all see how bitcoin changed the world, bitcoin is original and cannot be replicated nor replaced. Bitcoin has a lot of unique features and it will take more than forever for a cryptocurreny to copy all of it to dominate bitcoin.

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December 09, 2017, 06:19:23 AM
 #3420

There is a saying that nothing is permanent in this world, I think that will also applies to bitcoin, bitcoin has definitely proved to be the leader of all cryptocurrency holding at least half of the market share, while this is the case today, there is still uncertainty lingering in bitcoin, its largest threat, the government and all banking institutions. I think they will always find a reason to bring down bitcoin.

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