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Author Topic: Can other cryptocurrency ovetake bitcoin inthe future?  (Read 4739 times)
Rooster101 (OP)
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November 17, 2016, 09:25:36 PM
 #1

With many new cryptocurrencies sprouting in the net, is it possible that bitcoin can be overtaken as a top digital currency in the future? Is ethereum  or other well known cryptocurrencies can be a threat to bitcoin dominance?
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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, which will follow the rules of the network no matter what miners do. Even if every miner decided to create 1000 bitcoins per block, full nodes would stick to the rules and reject those blocks.
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BingoDog
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November 17, 2016, 09:33:23 PM
 #2

This topic already exists here.
But since you've asked I say everything is possible. Maybe in the future some new even more developed and perfect cryptocurrency will be invented. Technology is moving forward constantly.
But I don't think that Ethereum will take the Bitcoins place, it's not very likely.

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November 17, 2016, 09:34:18 PM
 #3

With many new cryptocurrencies sprouting in the net, is it possible that bitcoin can be overtaken as a top digital currency in the future? Is ethereum  or other well known cryptocurrencies can be a threat to bitcoin dominance?

Gold$$$
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November 17, 2016, 11:12:25 PM
 #4

With many new cryptocurrencies sprouting in the net, is it possible that bitcoin can be overtaken as a top digital currency in the future? Is ethereum  or other well known cryptocurrencies can be a threat to bitcoin dominance?

Maybe yes or maybe no,crypto currency is evolving,another inovation in crypto currency may come tomorrow,we will not know Bitcoin is now popular and the price is still rising but it's still possible that another crypto currency could come and give Bitcoin a competition.


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BTCwriter
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November 18, 2016, 02:01:20 AM
 #5

With many new cryptocurrencies sprouting in the net, is it possible that bitcoin can be overtaken as a top digital currency in the future? Is ethereum  or other well known cryptocurrencies can be a threat to bitcoin dominance?

No, Bitcoin is all the needed. You can build virtually anything arounds Bitcoin.
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November 18, 2016, 07:28:32 AM
 #6

With many new cryptocurrencies sprouting in the net, is it possible that bitcoin can be overtaken as a top digital currency in the future? Is ethereum  or other well known cryptocurrencies can be a threat to bitcoin dominance?

No, Bitcoin is all the needed. You can build virtually anything arounds Bitcoin.

Bitcoin is crap, Transactions overload problems, code can't be updated by Dev Team because the Chinese Mining Pools won't let them.
Price is being artificially inflated by it Centralized Miners.
(Does anyone believe that crap is really worth $700, sucker born ever minute) Tongue
Wastes loads of electricity that will raise everyone electric bills.

The question is not When will another Crypto take over,
The question should be How has BTC hung on to the top spot this long?
(Sad reason, is most people don't really understand the technical issues, they will learn and it is going to cost them)

 Cool
TaunSew
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November 18, 2016, 07:30:57 AM
 #7

Ethereum is essentially a Zombie.  Ever since the DAO, and like MtGox for Bitcoin, will ever hit $15 again?!   Huh

If something overtakes Bitcoin then it has to be scandal free.  Monero might do it if they can put Rpietila under house arrest..

There ain't no Revolution like a NEMolution.  The only solution is Bitcoin's dissolution! NEM!
iamnotback
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November 18, 2016, 07:37:07 AM
 #8

With many new cryptocurrencies sprouting in the net, is it possible that bitcoin can be overtaken as a top digital currency in the future? Is ethereum  or other well known cryptocurrencies can be a threat to bitcoin dominance?

Maybe yes or maybe no,crypto currency is evolving,another inovation in crypto currency may come tomorrow

Not tomorrow but the "Bitcoin killer" is coming...

Quote from: @AnonyMint's whitepaper
The technical innovation of this paper combines the unbounded participation of [redacted] with the bounded election of [redacted]; and which entirely ameliorates the power-law distribution’s otherwise deleterious ability to dictate transaction fees (or analogously the distribution of minted dilution as a substitute for transaction fees), double-spend, and/or censor transactions.

Note I should add that even a 100% attack can't double-spend nor censor transactions. This will sound loony to those who are knowledgeable, but it is only because they don't yet understand the paradigm-shift.
iamnotback
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November 18, 2016, 07:41:03 AM
 #9

Why use  Dash when there is Zcash?  Huh

Because they both rhyme with "trash"  Huh (joke)
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November 18, 2016, 07:43:32 AM
 #10

Why use  Dash when there is Zcash?  Huh

Because they both rhyme with "trash"  Huh (joke)

LOL,
My Turn: New Trucker Joke
Grass, DASH, ZCASH, or ASS ?  Cheesy

 Cool
iamnotback
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November 18, 2016, 07:46:52 AM
 #11

Why use  Dash when there is Zcash?  Huh

Because they both rhyme with "trash"  Huh (joke)

LOL,
My Turn: New Trucker Joke
Grass, DASH, ZCASH, or ASS ?  Cheesy

 Cool


Yeah and fuck the ETH gas, we burn diesel.
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November 18, 2016, 07:57:03 AM
 #12

Its very hard to say, perhaps ethereum can take over bitcoin in future. Nobody is 100 percent sure. It may or may not happen. We will have to wait and see. I am expecting bitcoin to keep going forward and be the market leader in future too.

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November 18, 2016, 07:59:00 AM
 #13

I think NEM will be the number one cryptocurrency.  NEM is the first coin intended to be egalitarian and it had a fair distribution to 1000s.

There ain't no Revolution like a NEMolution.  The only solution is Bitcoin's dissolution! NEM!
Subtuppel
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November 18, 2016, 08:13:54 AM
 #14

Short answer: No, sorry but bitcoin come first. Maybe in 5 years, but in short term bitcoin will be the number 1.

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November 18, 2016, 08:33:38 AM
 #15

Nothing in the digital world lasts forever so there is a chance bitcoin will be replaced sometime. But for the next years I dont see an alternative.
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November 18, 2016, 08:51:13 AM
 #16

As BTC was the first one, it now has a good user base now, it would be hard to beat them at their game. Unless something very drastic happens, like some governments meet up and initiate their own approved digital currency which is accepted by most of the business world.
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November 18, 2016, 10:39:26 AM
 #17

Depends what you mean with "future". Near future or the future in 100 years? In the next 10 years, I do not believe that Bitcoin will face a serious competitor. Ethereum for instance, was hyped very much by media and it is probably the technology which could get along with Bitcoin, but Bitcoin is still 13-14 times more worth. This shows how big the gap between Bitcoin and all other altcoins is.
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November 18, 2016, 04:03:12 PM
 #18

Everything is possible,Bitcoin is the first but everyday we see new crypto currency coming up with superior features and ease of use and everyone can adopt .
We must become open minded that everything needs an update and something is missing in Bitcoin..

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November 19, 2016, 08:05:10 AM
 #19

With many new cryptocurrencies sprouting in the net, is it possible that bitcoin can be overtaken as a top digital currency in the future? Is ethereum  or other well known cryptocurrencies can be a threat to bitcoin dominance?

No that's not going to be happen, Though many of the altcoins rises in the crypto currencies that build big community in crypto world but it doesn't mean they replace bitcoin their price value might increase but still bitcoin will prevail in the price.
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November 19, 2016, 02:24:02 PM
 #20

At this point of time,none just check the volume and the marketcap and you'll see the big gap,maybe in the near future a new crypto currency will emerge that can meet everybody;s expectation..

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