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Author Topic: Will Bitcoin be replaced by another cryptocurrency?  (Read 186364 times)
Pinoyfan
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March 20, 2018, 04:28:04 PM
 #4281

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?
After the genesis of Bitcoin in 2009, several currencies have popped up with different concept, much better technology, speed and privacy. But these hundred of currencies have just managed to lower btc dominance from 100% to 83%.
Each year some currency becomes famous, people say they that it will be next Bitcoin. Still Bitcoin dominance isn't affected.

Take example of Ethereum, much better than Bitcoin technology. But still it's very small in front of Bitcoin.

There are high chances that Bitcoin gets replacement, if some continued attacks start on Bitcoin.
minnerETN
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March 20, 2018, 04:28:22 PM
 #4282

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?
If there is altcoin can replace the bitcoin. I hope it will be XVG  Grin Grin
keziakusayang
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March 20, 2018, 04:28:49 PM
 #4283

it may happen, but in my opinion it takes a very long time to replace bitcoin, and the likelihood is very small. if people will continue to believe in bitcoin then it is impossible to happen even in the world of crypto all possibilities still exist.
hoanghoatham04
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March 20, 2018, 04:29:48 PM
 #4284

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?
In the future I do not know. But for now, I certainly can not have an altcoin that can replace bitcoin

wireless1889
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March 20, 2018, 04:31:38 PM
 #4285

I don't think that will happen, low possibility. If Bitcoin falls, other cryptocurrencies will fall aswell because Bitcoin is standing as the leading and as a standard for cryptocurrency. If Bitcoin falls there's going to be a mark for people that other cryptocurrency will fall like Bitcoin. Leading to this there will be no more investors in cryptocurrencies leading the crypto will die which is very impossible to happen right now.
CarylnBoy
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March 20, 2018, 04:37:27 PM
 #4286

I think If there is an altcoin that can replace bitcoin then that would be a big boom in the world, because bitcoin is the top cryptocurrency centered on people and it is gaining popularity and awareness at a fast pace, No coin can replace bitcoin, I think bitcoin will remain the first and altcoin will be second.
anjuara29
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March 20, 2018, 06:00:47 PM
 #4287

It's difficult to predict i think.Actually i think it's quit impossible for now. But their is a chance to replaced bitcoin by another crypto currency.If this happen within next 2-3 years then nothing will be wonder at all.
irinalevina456
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March 20, 2018, 09:11:32 PM
 #4288

Bitcoin has been around for quite some time now, so many people now study or have long earned on the Crypto currency
clairewarwick7866
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March 20, 2018, 09:35:55 PM
 #4289

I don’t believe bitcoin can be replaced by another altcoin. because bitcoin is improving along with others altcoins, soo its almost impossible a replace happen for now.
markovi4mark
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March 20, 2018, 09:50:51 PM
 #4290

Maybe not replaced by any cryptocurrency the bitcoin because it is mainly used to buy our altcoins . And it is also the most main cryptocurrency so hard to be replaced by others . The bitcoin will be used to invest more and can be converted into cash.
Dolarin
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March 20, 2018, 09:57:28 PM
 #4291

I think it's going to happen in a few years. Already now there are many coins that are much safer (Monero) faster (LTC) and more functional (Ethereum) than bitcoin. I think it's just a matter of time.
bitcoinajax455
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March 20, 2018, 10:09:34 PM
 #4292

Another cryptocurrecy will replace bitcoin, I don't think it would happened. Bitcoin cannot be replaced by any cryptocurrecy or any digital money, maybe there will be another new alternative coins. But replacing bitcoin it is impossible.
chrsjrcj
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March 20, 2018, 10:56:49 PM
 #4293

We can see many new promising crypto money and token coins. If they are in something better bitcoin, the users themselves will stop using it as they will find a better replacement. But this change requires long time.
BitcoinMarketer39
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March 20, 2018, 11:01:25 PM
 #4294

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 can be replaced by any coin in the market as long as people will keep on investing in it, the market is based on the volume of the specific coin in the market but if people will stop investing on bitcoins then there is a huge chance that the price of bitcoins will really decrease and eventually die.

clex_us
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March 21, 2018, 12:17:24 AM
 #4295

It is hard to replaced Bitcoin by another cryptocurrency. Although some cryptocurrency is somewhat predictable, bitcoin is hard to predict. It has it's own and unique characteristics as digital currency. Making it harder to be replaced as No. 1 cryptocurrency.
adadaorlina
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March 21, 2018, 12:59:47 AM
 #4296

We cannot really be so sure with that, Bitcoin has been the first cryptocurrencies in the market, and all the others were created after bitcoin. Hence bitcoin is most trusted among all the other cryptocurrency and also has most number of users.
zynan
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March 21, 2018, 01:31:42 AM
 #4297

Never! Bitcoin is bitcoin and its really unfair if it will just be replace by other cryptocurrency. Bitcoin has made a lot of success for the past ten years, and I believe it will continue its legacy in the future, It could never be replace as the number one digital currency in the world of internet.

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arifteguhr
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March 21, 2018, 01:46:44 AM
 #4298

I think it's going to happen in a few years. Already now there are many coins that are much safer (Monero) faster (LTC) and more functional (Ethereum) than bitcoin. I think it's just a matter of time.
To replace the bitcoin position is not as easy as you say bitcoin is the first crypto and it's hard to beat their community except for a lot of issues about bitcoin made to drop it

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fuer44
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March 21, 2018, 01:51:05 AM
 #4299

probably, and most likely to replace bitcoin is etherum. I see it because etherum has always been at the forefront of bitcoin, and no other altcoin is able to cross the etherum.

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Ngewex Yuk
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March 21, 2018, 02:00:42 AM
 #4300

I think it's going to happen in a few years. Already now there are many coins that are much safer (Monero) faster (LTC) and more functional (Ethereum) than bitcoin. I think it's just a matter of time.
I think the most likely addition of bitcoin is Ethereum, although now prices and marketcap ethereum are declining but I'm sure that 5 more years ethereum can replace bitcoin, and from now on we have to share a larger portion of investment for ethereum.

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