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Author Topic: What is the probability of Bitcoin being replaced?  (Read 1828 times)
hase0278
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July 16, 2016, 04:04:17 AM
Last edit: July 31, 2016, 08:36:55 PM by hase0278
 #21

The probability of bitcoin being replaced for now is low. Maybe in the next 20 years the probability of it being replaced is bigger but still low in my opinion. I also think that Ethereum wouldn't replace bitcoin since it is not that portable to use for now but there's a low probability that it will replace bitcoin but having faith on it is hard since the probability of it getting even near to bitcoin is low.
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July 16, 2016, 09:06:55 AM
 #22

you are asking two different question:
the probability of bitcoin being replaces in the future is high.
BUT
the probability of bitcoin being replaces by ethereum in the future is zero.

ethereum is just another one of those pump and dump altcoins with a lot of hot air a lot of shills to advertise for it. but over time it is going to die off and disappear just like others before it.


Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip.
Whales are those who keep buying the dip.
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July 16, 2016, 09:47:52 AM
 #23

10 % in my opinion, no more then that, even less maybe. But who can answer on this question?

I believe we will see some threats to bitcoin, and people who predict right when will this happen and which coin can be that will earn a lot of money. It's open market, many things can happen. Maybe bitcoin will be strong and stable enough one day, and nothing can influence on that, but we can't say that with 100 % certainty.

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July 16, 2016, 10:05:09 AM
 #24

Is Ethernum a threat to Bitcoin?

-Ethernum is faster than bitcoin
-has been gaining popularity
-its good for smart contracts.

Is Ethernum going to replace bitcoin, die out as a fad or coincide with bitcoin? Are we likely to see any altcoin possibly kill bitcoins or will bitcoin simply incorporate any improvements from altcoins, taking away all advantages.

Maybe ethereum will become as popular as bitcoin (after a few years),but it won`t replace btc.

I still don`t trust ehtereum that much.I forum member here was saying that ethereum is dying and scam.

I don`t know if this is true,but i don`t trust ETH.

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July 16, 2016, 10:48:43 AM
 #25

Probability of bitcoin getting replaced is very low. The reason is that follow the bitcoin's development several digital currencies got existed back to back. Among all those bitcoin is the one that survived long with such a growing potential and increased price.

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July 16, 2016, 10:59:47 AM
 #26

no i dont think that Ethernet is not a threat for bitcoin. i dont think any currency can merged bitcoin. but i am worrying that bitcoin will merge the other currencies in it. because bitcoin is still on number one as compare to all other currencies.
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July 16, 2016, 11:00:05 AM
 #27

It will be very difficult to replace bitcoin, more and more people already adapted bitcoin and some of the story starting to accept bitcoin, ethreum ever claimed that was going to replace bitcoin, but up until now there still no big movement from ethereum. So i dont think ethereum is a big threat to bitcoin


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July 16, 2016, 11:07:00 AM
 #28

I don't think so it could be possible ever. All altcoins inspired by bitcoin and created after years of creating bitcoin. bitcoin is the first and biggest crypto currency so my answer is no.
If etherium is getting more popularity and peoples more getting enter to it then bitcoin is getting even more popularity every day and thousands of dollars being traded and exchanged every day with bitcoin.
and it remains for long time.

For temporary there are no coin that can be compare with bitcoin, bitcoin still the most famous and still the most used coin globally, but for a long term maybe there will be another coin to replace bitcoin its all depend on the coin user

no. i won't happen in future also. no matter how long term it could be. bitcoin can't be replaced by any altcoin.
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July 16, 2016, 01:06:32 PM
 #29

Very high, and likely. I think a government sponsored, centralized replacement will pop up eventually, and bitcoin might be made illegal. But, this will drive the price of bitcoin up, as it will be rarer, and still anonymous. I can certainly see bitcoin becoming a black market currency in the future.
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July 16, 2016, 01:32:16 PM
 #30

1. 99.9%
2. No

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July 16, 2016, 01:35:38 PM
 #31

Is Ethernum a threat to Bitcoin?

-Ethernum is faster than bitcoin
-has been gaining popularity
-its good for smart contracts.

Is Ethernum going to replace bitcoin, die out as a fad or coincide with bitcoin? Are we likely to see any altcoin possibly kill bitcoins or will bitcoin simply incorporate any improvements from altcoins, taking away all advantages.

Not in two years but only time can tell ethereum has an awesome features and community support,anything is possible so it a good bet to invest on the top 5 altcoin in the coinmarketcap,as we all know crypto currency is the currency of the future..

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July 16, 2016, 01:51:08 PM
 #32

i don't think bitcoin will ever be replaced by anything else. although i am only talking about in my life time and have no interest in talking about a hundred years from now.
bitcoin is the new technology which is growing itself, so it is not yet old and obsolete like fiat so any new technology has to come a lot after bitcoin gets old.


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July 16, 2016, 01:59:34 PM
 #33

Is Ethernum a threat to Bitcoin?

-Ethernum is faster than bitcoin
-has been gaining popularity
-its good for smart contracts.

Is Ethernum going to replace bitcoin, die out as a fad or coincide with bitcoin? Are we likely to see any altcoin possibly kill bitcoins or will bitcoin simply incorporate any improvements from altcoins, taking away all advantages.

for now, bitcoin can not be replace in any of altcoin, maybe if there are no bitcoin again or the supply is end, then maybe bitcoin can be replace with another and it takes a long time before it will happen.

and for ethereum, there are posibility to be second bitcoin but not this time, it should wait until next years.

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Daniel91
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July 16, 2016, 02:01:13 PM
 #34

I don't think that any other virtual currency will replace Bitcoin.
Bitcoin started whole trend, was first, and based on Bitcoin's idea all other virtual currencies started.
I don't think that Bitcoin users will give up from bitcoin.
Many of them will also try other virtual currencies but their hearth will always stay with Bitcoin Smiley

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Yutikas_11920
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July 16, 2016, 02:09:06 PM
 #35

Is Ethernum a threat to Bitcoin?

-Ethernum is faster than bitcoin
-has been gaining popularity
-its good for smart contracts.

Is Ethernum going to replace bitcoin, die out as a fad or coincide with bitcoin? Are we likely to see any altcoin possibly kill bitcoins or will bitcoin simply incorporate any improvements from altcoins, taking away all advantages.

It might just happen, because the Aether show a better advantage. But it will not occur if the user still remain faithful to use bitcoin BTC. The Aether might be superior, however if the user preferred the bitcoin BTC then it will not happen. Perhaps one disadvantage of ether to those under the command of the company
megalomania1
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July 16, 2016, 02:17:35 PM
 #36

I think there is nothing that can replace BTC. It's to popular now
lovely89
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July 16, 2016, 02:27:32 PM
 #37

I think there is nothing that can replace BTC. It's to popular now

10 Billion dollars in the world economy is the equivalent to pennies in my wallet.

Bitrated user: vanlovely.
unamis76
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July 16, 2016, 03:20:40 PM
 #38

I think Bitcoin has a quite high probability of being replaced, but obviously not by any altcoin currently existing. It will probably be replaced in a sense that it will develop so much it will cease to make sense to call it Bitcoin Smiley It can also be replaced by another coin in a very long term, who knows...
DashTron
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July 16, 2016, 03:24:10 PM
 #39

Don't think bitcoin can be replaced.
Maybe it gets company by some strong altcoins like ether.
But no replacement.
Maesters1-
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July 16, 2016, 04:48:53 PM
 #40

Is Ethernum a threat to Bitcoin?

-Ethernum is faster than bitcoin
-has been gaining popularity
-its good for smart contracts.

Is Ethernum going to replace bitcoin, die out as a fad or coincide with bitcoin? Are we likely to see any altcoin possibly kill bitcoins or will bitcoin simply incorporate any improvements from altcoins, taking away all advantages.

Maybe ethereum will become as popular as bitcoin (after a few years),but it won`t replace btc.

I still don`t trust ehtereum that much.I forum member here was saying that ethereum is dying and scam.

I don`t know if this is true,but i don`t trust ETH.
yes i also agree with you. i think bitcoin is so strong and stable that it can maintain its status and position in the market. i think other crypto currency will replace in bitcoin.
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