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Author Topic: could bitcoin be replaced by another crypto currency?  (Read 11671 times)
Dimid
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March 09, 2018, 05:00:22 PM
 #661

Bitcoin should remain crypto-gold, and for daily purchases, you need to use a different currency with a large number of coins, lesser value and lower transaction fees.
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March 16, 2018, 02:46:15 AM
 #662

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?

anything can happen, but I do not think bitcoin can be replaced by other crypto currencies because bitcoin is a crypto king and bitcoin is still a favorite coin.

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March 16, 2018, 03:00:02 AM
 #663

there is currently no one to replace bitcoin, but surely there will be coin can beat the dominance of bitcoin in terms of distribution, currently bitcoin is not replaceable because many markets or users who have common use of this coin. if there are other coins that have the trust and market equivalent to bitcoin, it is certain that bitcoin no longer dominates, exchange rates do not become the benchmark for determining power.

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March 16, 2018, 08:48:02 AM
 #664

Everything is possible, but it's very unlikely: even if bitcoins has very well know structural problem, it will be very difficult for another currency to replace it.
But of course, if a big entity as facebook or Google will enter in the cryptomarket with its own coin... well, in this case, not only bitcoin, but the dollar itself will be replaced!

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March 16, 2018, 12:19:52 PM
 #665

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?

anything can happen, but I do not think bitcoin can be replaced by other crypto currencies because bitcoin is a crypto king and bitcoin is still a favorite coin.
Bitcoin is the most popular coin and i think no more other coin that can replace bitcoin, there are a lot of coin but  bitcoin is the most useful in my cointry and i think in the other country too.

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March 16, 2018, 01:02:48 PM
 #666

it quite possible because there many crypto has a potential, there are many big players or investors in this industries but its not an easy task to replace bitcoin because what bitcoin done in the crypto world its like a history and there are still many supporter of bitcoin so for now I can't imagine what kind of crypto that can replace bitcoin.
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March 16, 2018, 01:24:58 PM
 #667

We couldn't really predict if there would be another crypto to take over bitcoin,
There are so many crypto currencies that are blooming or there are new crypto currencies almost every week.
So we couldn't really know if one of them are going to replace bitcoin soon.

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March 18, 2018, 07:13:01 PM
 #668

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?

anything can happen, but I do not think bitcoin can be replaced by other crypto currencies because bitcoin is a crypto king and bitcoin is still a favorite coin.
It I the most favorite coin of the world people love to buy bitcoin and to hold it so till now there is no coin better than bitcoin, it will take much time to make some new kind of crypto currency and then to promote it in the market and find the investors for it, bitcoin has achieve the goal it is the most famous and liked currency, people trust bitcoin they invest in bitcoin without any doubt of lose so it is hard for sure to replace it at the present condition of bitcoin.
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March 18, 2018, 09:46:35 PM
 #669

We all knew the bitcoin structural problem.
But if we are talking about general acceptance, the majority of population starts just now to talk about bitcoin, and it has no idea about altcoins.
So, it will be difficult to change this kind of perception.

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March 18, 2018, 09:48:57 PM
 #670

Of course it can and in my opinion it will be etherum, i am just scared that this will happen in nearest years and market could just crash for longer that it happend some times like for example now.

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March 18, 2018, 09:56:03 PM
 #671

Ethereum might be a good coin, but i do not think that it will really replace bitcoin, just take a look at the charts and you will see that ethereum goes down faster than bitcoin.

Bitcoin is more useful.
Of course it can and in my opinion it will be etherum, i am just scared that this will happen in nearest years and market could just crash for longer that it happend some times like for example now.


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March 18, 2018, 10:34:31 PM
 #672

Other crypto currency might come and go, but I do believe and hope that bitcoin will last for a ling time.

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April 02, 2018, 11:59:43 AM
 #673

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?

anything can happen, but I do not think bitcoin can be replaced by other crypto currencies because bitcoin is a crypto king and bitcoin is still a favorite coin.
Bitcoin is the most popular coin and i think no more other coin that can replace bitcoin, there are a lot of coin but  bitcoin is the most useful in my cointry and i think in the other country too.
Bitcoin has more popular than other cryptocurrencies, but it does not mean someday, altcoin can not replace Bitcoin. Are you only an investor or a real user of Bitcoin? For me, I do not like to using Bitcoin recently. Because the total time to get confirmation for my transaction and the value of Bitcoin are useless to use for payment. Therefore, at least altcoin can be better than Bitcoin for small payment through internet.

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April 02, 2018, 01:02:41 PM
 #674

Bitcoin is popular but not safe enough. I think in the future there will be another coin that will replace bitcoin. A coin that is safer than bitcoin.

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April 02, 2018, 03:43:23 PM
 #675

The probability that bitcoin will leave the market is minimal, but to replace bitcoin from the first place, it may well, but only if the coins exceed the market capitalization of bitcoins.
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April 02, 2018, 03:54:11 PM
 #676

It is difficult to actually replace the role of bitcoin. because bitcoin is too strong to be equaled by new ico or coin. community and popularity are very high makes it difficult to be a counter

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