Will Bitcoin be replaced by another cryptocurrency?

[Ralphson]

Everything is possible..It could happen that other coins will overtake bitcoin..technology moves ahead daily which results in new and better ways to handle things..there are always new ideas..it can happen bitcoin will be overtaken by other coins...

[Petersha]

Hello,

Bitcoin is like father of all altcoins and it is very tough to replace it but not impossible.

Everything is possible. There are many good projects coming this year on blockchain.

I will invest in Cardstack project in March , because i found it interesting.

Don't consider it investment suggestion , do your own research before you invest anywhere.

[suzane18]

There are high chances of bitcoin being replaced by other currencies as lot of other tokens are coming with better technology and usage and acceptability which can definitely replace Bitcoin

[giogio0504]

No it will not be replaced, there are no other coins which have enough strength.

[Destroyeroff98]

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?

There will be very good alternatives to Bitcoin, but no crypto currency will be able to replace Bitcoin. It is unique and is the first cryptocurrency.

[reck1ess]

Maybe in the future Bitcoin will be replaced by another coin it would be more likely Ripple or ETH. Other entrepreneurs are now entering the crypto-market and they'll start with the main coin and the most trusted coin which is Bitcoin. I think bitcoin will be just replaced in terms of value or price, but the "LEGITIMACY"? Nope, other crypto-coins can't replaced it.

[nayan_suvo]

Replaced Bitcoin, I think there is no possibility to replace Bitcoin.  Though the price of other cryptocurrency are increase day by day. Replaced Bitcoin By other cryptocurrency is impossible for me.

[Abiky]

yes i believe this that bitcoin will be replaced by another cryptocurrency but not this time, maybe in the future, people always invent new and innovative things, who knows. it will all depend on the features of the new crypto currency, it should be overall better than bitcoin to be able for it to replace bitcoin.

No one knows what will happen in the future. As such, there could either exist the possibility of another cryptocurrency replacing Bitcoin, or else Bitcoin will remain as king of crypto for years to come. However, as technology moves fast, Bitcoin would need to stay on track by implementing proper scalability solutions which are key to its usage in the mainstream world. Because if Bitcoin takes longer to implement such solutions, then for sure another cryptocurrency will take its place as the leader of cryptocurrencies.

Hopefully, that won't be the case as Bitcoin's development and demand increases over time. As such, Bitcoin might remain as the number one cryptocurrency in existence for the long term. Just my thoughts

[freshm4ker]

For me every altcoin is paired with bitcoin. They can be traded against bitcoin like all shares paired with the US. Bitcoin will never die.

[crisasimo10]

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 it will happen. Bitcoin now in becoming popular in the Philippines and Vietnam. Eventhough bitcoin is crypto it will not replace by another crypto currency. Anyway this is my personal opinion.

[Sithara007]

For me every altcoin is paired with bitcoin. They can be traded against bitcoin like all shares paired with the US. Bitcoin will never die.

Earlier that used to be the case. But it has changed now. Look at the volumes for major alts such as ETH, XRP and BCH. The majority of the volumes are being derived from non-Bitcoin trading pairs (either against fiat cash, or against other alts such as Tether).

[javacomedy]

It could be said to be impossible because of the bitcoin is the Centre of reference prices for all the coins so if there are other cryptos exceeded bitcoin is, of course, all the coins will also be down the low price.

[pushups44]

I do not think bitcoin will be replaced. Instead, new cryptocurrencies will emerge that serve other purposes or niches. Bitcoin is simply not going away.

[MommyElsa]

Definitely no,  no alts can ever replace bitcoin.  Bitcoin was the first  digital currency and still we are able to used it up to now.  The demand of bitcoin is now continue  to rise,  it means most of the users trust in bitcoin.  So i believe that no other coins can replace it.

[zhuiyongliang8]

Will we see another cryptocurrency that is worth more than BTC? Yes, I believe this is absolutely possible in the next three to five years, the industry is brand new and it will take at least a few years to become mainstream. We can see 10 times as much revenue in a lot of cryptographic currencies, just like the BTC does.

In the existing currency, not every man as the BTC virtual currency bring so much of the returns to investors, we must from which to choose, to find out potential opportunity is not easy. BTC is still the best performer in the virtual currency.

[ThenText]

It could happen, but not as of the moment.

[Sithara007]

Will be. Moreover, in the game of speculation and market circulation, in the development of technology, it should be limited to two kinds of currencies, saving money and circulating currency.

There is nothing like a "saving money". If a currency itself is being used for investment purpose (i.e for long-term holding), then it ceases to be a currency. It becomes an investment asset (similar to mutual funds and treasury bonds). A currency is not an investment asset.

[Paractor]

I would say only if the tech behind it can out do bitcoin at what it was made to do.
But with the progression it has had with segwit and now the lightening network
It doesn't look like anything else out there has anything better to offer.

[sfdseew]

Creating a new cryptocurrency takes time and money. Bitcoins have attracted a number of advocates, so it is very difficult to replace Bitcoin.

[allthebitandbobs]

sooner are later yes due to mining expensive