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Author Topic: Will Bitcoin be replaced by another cryptocurrency?  (Read 186361 times)
acener
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December 21, 2017, 10:25:22 AM
 #3521

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?

Like what my grandma always says, "Nothing lasts forever." For now, there is a very minimal possibility for bitcoin to be replaced by other cryptocurrencies because of it's popularity and demand. Still, that does not guarantee that it will always be like this for a long time. The same thing that happened to Nokia is a possibility.

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popoypalaboy03
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December 21, 2017, 10:32:50 AM
 #3522

I think it could be, many coins and the list is big who knows what happens like after 10 years , there will be a huge competence for first place i think between BTC,ETH,DASH,BCH.
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December 21, 2017, 01:55:31 PM
 #3523

I think this is possible, because some coins also have potential, such as ether, whose value also increases, and soon beatkoyn will win or replace his throne. some other coins are also better because of the low commission fees that are beneficial to use if you save a few dollars. but today more and more people like bitkoyn, not any other coins, because bitkoyn has the highest value and continues to grow, and it has more exposure and more popula
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December 21, 2017, 01:57:22 PM
 #3524

There are a lot of different cryptcurrency that has been created and everyone has the chance to surpass the value of bitcoins because it depends on the popularity of bitcoins or interest of people so it means that it is not impossible for any coins to surpass bitcoins.
Paul stuart
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December 21, 2017, 01:57:30 PM
 #3525

from a purely technological point of view, the bitcoin is already exceeded! now take his place number 1 it seems impossible to me, given its size, these volumes of exchanges ....
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December 21, 2017, 02:11:11 PM
 #3526

from a purely technological point of view, the bitcoin is already exceeded! now take his place number 1 it seems impossible to me, given its size, these volumes of exchanges ....

The only way it will be replaced is not really by being replaced but rather upgraded. As great as blockchain technology is eventually it will become utdsted with some other more advanced version of the block chain and thus a new Bitcoin will be created. Whatever replaces Bitcoin it does not matter because Bitcoin is just a name given to the first coin ever made with this technology. It's the technology that will survive and move on, the coins are simply giving the technology use in the real world.

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December 21, 2017, 02:18:36 PM
 #3527

There are a lot of different cryptcurrency that has been created and everyone has the chance to surpass the value of bitcoins because it depends on the popularity of bitcoins or interest of people so it means that it is not impossible for any coins to surpass bitcoins.
Being the pioneer no can replace bitcoin being the foundations of all crypto currency the pioneer of blockchain technology the legacy still remain in the crypto currency world. But in terms of price a lot of ICO that has potential to surpass Bitcoin in future.

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December 22, 2017, 01:30:50 PM
 #3528

However, at the moment there are very few crypto-currencies that dpat outperforms bitcoin prices, but although there are some crypto-currencies that are more expensive than bitcoins, nevertheless, the crypto currency is even less popular in bitco-appeal.
brengoskandel
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December 22, 2017, 01:43:30 PM
 #3529

It could be, as time goes on any old technology will surely be replaced by new technology. So it is with bitcoin, nowadays more and more altcoin. Maybe today bitcoin does exist but one day when everyone already has bitcoin and the price has dropped, people will no longer need bitcoin.
Bitcoin is just a trend, just as when people in Indonesia are crazy about bacon
a stone that was initially worth nothing, only to be polished ended up to be something of great value but only for a few moments the price of the craze after it was not sold anymore.
manoj kumar k
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December 22, 2017, 04:51:52 PM
 #3530

no the bitcoin cannot be replaced by any other currency because bitcoin was the first introduced crypto currency in the world
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December 22, 2017, 04:57:07 PM
 #3531

no the bitcoin cannot be replaced by any other currency because bitcoin was the first introduced crypto currency in the world
It can be replaced by a word but there are so many altcoins attempting to surpass bitcoins can't happen and the first of this is they need to stand alone and not to depend on bitcoins because when bitcoins are dump alamost all are also. Sor a coin that is aiming to pass bitcoins will never replace this time.


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patimahsunda
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December 22, 2017, 05:00:00 PM
 #3532

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 for now it will not be. If I think, If bitcoin is replaced then cryptocurrency will start from scratch again. Because bitcoin is the mother of any altcoins present. If the bitcoin is replaced of course it will be a problem or even we start all over again.
tikong
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December 22, 2017, 05:02:16 PM
 #3533

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 22, 2017, 05:52:54 PM
 #3534

I don't think that bitcoin will be replaced by another crypto currency as from the start to till now the bitcoin has a strong monopoly and it has a good well in the market people can pay more from the market value for the bitcoin while they are not that much sure in the case of other altcoins. we know that altcoin are also good in the market but bitcoin has it's own position in the market and it will take some more time for the altcoin to overtake the bitcoin.

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December 22, 2017, 05:58:03 PM
 #3535

I don't think that bitcoin will be replaced by another crypto currency as from the start to till now the bitcoin has a strong monopoly and it has a good well in the market people can pay more from the market value for the bitcoin while they are not that much sure in the case of other altcoins. we know that altcoin are also good in the market but bitcoin has it's own position in the market and it will take some more time for the altcoin to overtake the bitcoin.

I don't agree with you. Despite of bitcoin popularity, there are some problems which we cannot ignore them. I think an existing altcoin or a now one or a fork will be a solution in future.
Andika23
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December 23, 2017, 02:00:39 AM
 #3536

not bitcoin will not be replaced by other crypto because bitcoin is now widely known all over the world and now bitcoin prices rose very high. so bitcoin replaced by crypto is very small possibility
lelylely
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December 23, 2017, 02:43:36 AM
 #3537

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?

it could happen bitcoin replaced by another coin. but not for now, bitcoin still gains the trust for the wearer.

plr
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December 23, 2017, 02:49:56 AM
 #3538

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 it makes sense and one of this is actually a fork of bitcoin if you look at the current chart now the two popular bitcoin fork is gaining a lot of support from investors and traders and soon many merchants are going to use their service so it's possible in the future.
puturo
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December 23, 2017, 02:52:11 AM
 #3539

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?

Maybe in the future but not as easy as what we think it will happen. Because bitcoin already established its good foundation though.

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December 23, 2017, 03:17:14 AM
 #3540

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?
Bitcoin has already proven a lot after the past few years. It has achieved a lot of things that other cryptocurrencies cannot. It has its unique features that made it more influential around the globe. The chances that bitcoin will be replaced by another cryptocurrency is very small right now knowing that bitcoin has been dominating a lot. Maybe someday it will be taken over and dethroned but it can never ever replace the things that bitcoin has done.
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