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Author Topic: could bitcoin be replaced by another crypto currency?  (Read 11951 times)
cramcram21
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September 20, 2017, 01:02:50 AM
 #261

Maybe in the future it could be replace by another crypto currency,
Maybe one of the future alt-coin or one of the alt-coin is going to surpass it.

Flodemaga
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September 20, 2017, 03:09:00 PM
 #262

The only coin that could damage and hit bitcoin and his doing is eth with those smart contracts taking the fuel to ICO using them, but i believe sooner we will have those feature over bitcoin and will end at once with those advantage that eth has over bitcoin. But bitcoin remains very strong due to its being one of the most profitable and powerful crypto coin, with big investors around and potencial new investors coming to crypto to invest over bitcoin.
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September 20, 2017, 03:17:43 PM
 #263

It's possible that bitcoin may be replaced by some upcoming altcoins.
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September 20, 2017, 03:27:30 PM
 #264

Maybe in the future it could be replace by another crypto currency,
Maybe one of the future alt-coin or one of the alt-coin is going to surpass it.

Yes, in the future it can happen. No one can accurately predict what kind of currency will develop and take first place. In some countries bitcoin is banned and there can start using other crypto-currencies.

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September 20, 2017, 03:49:08 PM
 #265

i do this question because i´ve read in this website issues with bitcoin, slow mining process, high fees, etc. and i´ve read too good reviews of some altcoins, ethereum (smart contracts), ripple (for transfers between banks), dash and nem. these altcoins called 2.0. could bitcoin become just in future virtual gold reserved to companies and rich people?
Yes there is a possibility that bitcoin will be defeated by other cryptocurrency especially if the problem on it will not be solved. But as far as I see right now, bitcoin was very ahead to other currency it is much useful than to other and it is much develop. Bitcoin was used all over the world and its like a fiat but the only difference on it was you cant used it as a payment because only few accept it. but I think it wont happen that bitcoin will be replaced by other cryptocurrency because of its characteristic and usage this time.



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Rainbot
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September 20, 2017, 04:00:33 PM
 #266

It's possible that bitcoin may be replaced by some upcoming altcoins.

I think so, there is a posibility that this can be happen, well let see in the future if its will happen.
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September 20, 2017, 04:02:37 PM
 #267

It can be but Bitcoin is already too big to be replaced.

No one actually knows.
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September 20, 2017, 04:30:35 PM
 #268

It's possible that bitcoin may be replaced by some upcoming altcoins.

I think so, there is a posibility that this can be happen, well let see in the future if its will happen.

who knows Smiley
in short terms no it's the king and the segwit problems didn't remove it from it's position.
buy maybe one day another crypto will be more secure, faster and easier to uses by the masses

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September 20, 2017, 05:06:17 PM
 #269

I am sure that all of the coin who would like to beat the bitcoin will never happen. bitcoin popularity hard to beat, required a long time to build popularity. so far i can see the most threatening altcoin that have a lot of potential that is ethereum
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September 20, 2017, 05:14:04 PM
 #270

Existence bitcoin cann't be replaced by other cryptocurrency, because bitcoin is parent. Like dollar against other fiat. Bitcoin be benchmark, eth has potential but still cann't replace bitcoin position.
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September 20, 2017, 05:22:25 PM
 #271

Existence bitcoin cann't be replaced by other cryptocurrency, because bitcoin is parent. Like dollar against other fiat.

OMG, that made me laugh so hard. $ was a parent of all currencies (it was first currency ever used!) and $ can't be replaced as there aren't any countries that use other currency.  IQ 11/10.


IMO btc will be replaced by another crypto- the one that countries will make on their own. There will be no "paper currency", all of transactions will be proccessed with no anonymity and thanks to idea of cryptocurrency there will be no more freedom. Kinda grotesque. But it's going to happen in 20-30 years+ so I don't care about it yet.
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September 20, 2017, 06:35:20 PM
 #272

Maybe in the future it could be replace by another crypto currency,
Maybe one of the future alt-coin or one of the alt-coin is going to surpass it.

Yes, in the future it can happen. No one can accurately predict what kind of currency will develop and take first place. In some countries bitcoin is banned and there can start using other crypto-currencies.
Can you give information those countries? As per my know, I do not remember have country accept cryptocurrency but do not accept Bitcoin. Maybe, you are mistaken and you should give us a proof to prove your said is right.


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September 20, 2017, 06:38:57 PM
 #273

I think it is highly feasible that when crypto gain wider adoption from the general public that bitcoin could be replaced. At this point the coin with the largest level of usefulness to the general population will thrive and right now that probably isn't bitcoin.

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September 20, 2017, 07:46:38 PM
 #274

i do this question because i´ve read in this website issues with bitcoin, slow mining process, high fees, etc. and i´ve read too good reviews of some altcoins, ethereum (smart contracts), ripple (for transfers between banks), dash and nem. these altcoins called 2.0. could bitcoin become just in future virtual gold reserved to companies and rich people?

Could possibly be. Enthusiasts are always finding ways for new  inventions and discoveries. Could probobly develop one day a more better coin that will surpass bitcoin.
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September 20, 2017, 07:50:00 PM
 #275

It is not the Bitcoin itself which made the revolution in the market. It was the blockchain technology. So, could Bitcoin be replaced by another cryto-currenc? Hardly, but it is possible. However, it is important to remember the fact this new currency would be using the very same blockchain technology from Bitcoin itself, and this is not necessarily mean that Bitcoin will loose all its value. I think this is a matter we do not need to worry about for the next 10 years, because Bitcoin is still a "toddler"!

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September 20, 2017, 10:45:28 PM
 #276

Bitcoin will never replaced by another altcoin.  Bitcoin is the main cryptocurrency with high market cap.  People like this coin because this coin will give them a lot of profit.

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September 20, 2017, 11:29:16 PM
 #277

There are lots of sprouting alt coins has potential value to market but bitcoins dominates all values of alt coins, I don't see anything who surpasses bitcoin preference in the field of cryptocurrency. It is the parents of all alt coins, I also realizes once bitcoin drops its market value, the rest of alt-coin drops down also. Btc will last longer.
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September 20, 2017, 11:42:39 PM
 #278

i do this question because i´ve read in this website issues with bitcoin, slow mining process, high fees, etc. and i´ve read too good reviews of some altcoins, ethereum (smart contracts), ripple (for transfers between banks), dash and nem. these altcoins called 2.0. could bitcoin become just in future virtual gold reserved to companies and rich people?
I dont think so, lot of altcoin exist but they didnt defeat bitcoin because its famousness and bitcoin exist in very long time.
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September 21, 2017, 02:20:48 AM
 #279

Maybe because in the world of technology there is a constant change. Every progress there's a change. Maybe one day one person could have another cryptocurrency then he will promote it someday.
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September 21, 2017, 02:58:37 AM
 #280

Maybe because in the world of technology there is a constant change. Every progress there's a change. Maybe one day one person could have another cryptocurrency then he will promote it someday.
The only permanent in this world is change. So that is possible for bitcoin to get replaced by another cryptocurrency because we all know that all the type of things in this world are getting older and they need to be replaced in order to maintain the good health of the market or the world and that is why there will be a time where bitcoin is not useful anymore.
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