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Author Topic: Will Bitcoin be replaced by another cryptocurrency?  (Read 186361 times)
ongnoiban1q
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December 29, 2017, 02:09:42 PM
 #3641


I think bitcoin will replace all current money
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December 29, 2017, 02:25:42 PM
 #3642

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?

By now I have no idea if bitcoin gonna replace an another crypto in the future. Because I know that bitcoin will not give up on bitcoin status now because bitcoin now is powerful. But I believe that everything is going to upgrade so maybe there will be other crypto to replace bitcoin in the future.
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December 29, 2017, 04:50:34 PM
 #3643

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 is quite acceptable and also it makes sense on thinking about those scenarios, but not on the statement that it would make it obsolete. Bitcoin has already established itself in terms of reliability, trustability, and reputation for almost a decade. And I think a competitor won't be able to destroy all of that and make bitcoin obsolete. Bitcoin is the pioneer of this incredible technology and replacing it will take a very long time for sure, or maybe we are wrong and it is unreplaceable.  Cheesy .

Yes i agree with you. Bitcoin has its name for many years and it is considered as the king of cryprocurrency as it is the number one cryptocurrency for a long time. So I dont think bitcoin can be replaced by some other coins. It gained the trust of people that is the reason why it became number 1 as people keep holding it for an investment.
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December 29, 2017, 10:24:09 PM
 #3644

I'm sure it will be and it's only matter of time. Too many problems with existing bitcoin as it is.
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December 29, 2017, 10:28:08 PM
 #3645

Naaa! A lot of altcoins are coming and going, some are good enough in value, some are minimal and some just disappear but till now, nothing has replaced bitcoin yet not even matched its value.

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December 30, 2017, 06:39:47 AM
 #3646

no the bitcoin cannot be replaced by any other currency because bitcoin was the first introduced crypto currency in the world
Which are those crypto currencies that you think are more expensive than bitcoin? Could you please enumerate them? As far as I know about digital currencies, there are two groups i.e. one includes bitcoin and other consists of altcoins and there is no altcoin so far which is even able to stand next to bitcoin. Bitcoin is the sole ruler of digital currencies and it will stay as well as long as digital currencies exist.
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December 31, 2017, 11:43:57 AM
 #3647

Nop! I think there is none of another cryptocurrency can replace bitcoin. Maybe some of them already tried bitcoin system but they can imitate all of the system and become similar. This thing make them just exist for a while. As we see the community is rising and so many people trust to bitcoin. So, bitcoin will never replace and never end.

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davit putra
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December 31, 2017, 11:54:00 AM
 #3648

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's hard if bitcoin is replaced with another coin, because bitcoin is the first coin to appear. For the difference of bitcoin and other coins is also far, that makes bitcoin as the most popular coin.

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December 31, 2017, 12:18:04 PM
 #3649

I think it is possible quit. beacuse BTC's technology is very old and some other coins has potential to replaced.
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December 31, 2017, 12:31:39 PM
 #3650

It could not be possible due to huge demand and supply of Bitcoin. But on the other hand i will think that it could be possible if Etherium will rice daily double then Bitcoin. thank you
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December 31, 2017, 12:33:41 PM
 #3651

It is currently the main point of exchange and basis when converting to alt coins and fiat. I don't think Bitcoin will be replaced so quickly.
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December 31, 2017, 06:10:37 PM
 #3652

Each cryptocurrency has a chance to replace bitcoin. When the supply of bitcoin gets very limited, so it's very difficult to have bitcoin,  it's possible for people to proceed to another cryptocurrency that more on its supply and easy to get.
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December 31, 2017, 06:57:52 PM
 #3653

nothing is impossible, seeing the movement of Ethereum and Ripple makes me believe,
in the future, there will be Altcoin that equals Bitcoin valuation, but not beat Bitcoin because Bitcoin is the first coin and remains the best.

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December 31, 2017, 07:00:33 PM
 #3654

Yes !!! Why not ?
If people love another currency more than Bitcoin then one day may be Bitcoin fall in down.
another reason is alter currencies are increasing their popularity day by day.
So it may happen but time will say
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December 31, 2017, 07:02:24 PM
 #3655

Each cryptocurrency has a chance to replace bitcoin. When the supply of bitcoin gets very limited, so it's very difficult to have bitcoin,  it's possible for people to proceed to another cryptocurrency that more on its supply and easy to get.
The more limited the bitcoin the more open the chances of another crypto to replace bitcoin. But, I doubt any other crypto could replace bitcoin because until now the bitcoin has become another crypto reference to determine the price
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January 01, 2018, 04:05:51 AM
 #3656

Each cryptocurrency has a chance to replace bitcoin. When the supply of bitcoin gets very limited, so it's very difficult to have bitcoin,  it's possible for people to proceed to another cryptocurrency that more on its supply and easy to get.
The more limited the bitcoin the more open the chances of another crypto to replace bitcoin. But, I doubt any other crypto could replace bitcoin because until now the bitcoin has become another crypto reference to determine the price

In economic aspect, scarce supply means higher prices. Also we got 8 digits in bitcoin. It sounds odd but that should be more than enough.
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January 01, 2018, 04:56:38 AM
 #3657

Each cryptocurrency has a chance to replace bitcoin. When the supply of bitcoin gets very limited, so it's very difficult to have bitcoin,  it's possible for people to proceed to another cryptocurrency that more on its supply and easy to get.
The more limited the bitcoin the more open the chances of another crypto to replace bitcoin. But, I doubt any other crypto could replace bitcoin because until now the bitcoin has become another crypto reference to determine the price

In economic aspect, scarce supply means higher prices. Also we got 8 digits in bitcoin. It sounds odd but that should be more than enough.

Where did you find that idea that each crypto currency could replace bitcoin? Does shit coins and scam coin project and abandoned crypto projects could replace bitcoin? Sorry but I can't find the logic dude seriously. Grin Bitcoin's blockchain network is very secure and no hacker ever penetrated it and that's pretty awesome. New altcoins still needs time to be able to reach the bitcoin level.  Grin
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January 01, 2018, 05:19:47 AM
 #3658

I dont think bitcoin will be replaced but many coins will emerge for exceptional use and bitcoin will be their superior . Bitcoin is the main cryptocurrency at the present and I think it is hard to compete to it and beat bitcoin purpose at this moment.
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January 01, 2018, 05:23:36 AM
 #3659

I dont think bitcoin will be replaced but many coins will emerge for exceptional use and bitcoin will be their superior . Bitcoin is the main cryptocurrency at the present and I think it is hard to compete to it and beat bitcoin purpose at this moment.

There are so many forked coins out there now, and it is quite difficult to track all of them. Bitcoin (core supported version) may remain as the no.1 crypto-currency in the future. But I can't discount the possibility of some of the forked coins replacing the core version in the near future. Bitcoin Cash and Bitcoin Gold has the capability to replace Bitcoin.

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January 01, 2018, 05:45:29 AM
 #3660

I don't think so that bitcoin will replace by other currencies like in the market the bitcoin is highly influential and valuable in the market. the only one thing which will badly affect the bitcoin and that is the demand of this currency once the people lose the interest the market value of this currency will automatically down and therefore the volatility of this currency is very high.

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