Would Bitcoin ending up like Yahoo in the future?

[KoningSilk]

Could very well be the case, but lately things are getting so big that it might nog be gone in the foreseable future. Look at social media networks: they rise and go down in a few years. But lately facebook has become so big that it becomes an exception to that rule, it stays alive for a looong time allready.

[hardtime]

No chance to end up with something like that, it seems a little to insane to be able to think about us being able to fall from such a high point of people using it and having a nice high market cap to something that's close to bankruptcy / being sold (in Yahoos case) I guess I have a tough time seeing the link as one is a currency which can't be bought out like a company, and YAHOO in this case.

Maybe an altcoin could compete with BTC but I can't see them having such a major fall like the Yahoo and Google situation where Yahoo kinda just sat around and watched while Google took over. Bitcoin would innovate before something like this is allowed to occur.

[The_Dark_Knight]

Yahoo was the first (?) search engine at the time when Internet started.  It was the pioneer in its field.  In the late 90's its market cap reached to a high closed to $120B.   Three and a half years after Yahoo started, Google came out and gradually took away market share from Yahoo.

After 22 years, Verizon bought it for $4.8B.  Would Bitcoin ending up like Yahoo in the future and got beat up by new competitions?

What do you think?  Please provide your reason(s) to support your view.

Anything could happen, but I think the analogy is not perfect, Google was a much better product than yahoo, that is why it displaced it, but bitcoin and EHT are two different things, I don’t think that as a currency bitcoin is going to be surpassed anytime soon, but ETH is bringing a lot of attention to itself because of ICO investment.

[mk4]

Yahoo was the first (?) search engine at the time when Internet started.  It was the pioneer in its field.  In the late 90's its market cap reached to a high closed to $120B.   Three and a half years after Yahoo started, Google came out and gradually took away market share from Yahoo.

After 22 years, Verizon bought it for $4.8B.  Would Bitcoin ending up like Yahoo in the future and got beat up by new competitions?

What do you think?  Please provide your reason(s) to support your view.

Oh no I hope not. But it's definitely possible. Who knows? After 5 years an altcoin we've always been ignoring or a new coin will emerge and will be the currency we were hoping bitcoin would be.

[mrcash02]

Yahoo was the first (?) search engine at the time when Internet started.  It was the pioneer in its field.  In the late 90's its market cap reached to a high closed to $120B.   Three and a half years after Yahoo started, Google came out and gradually took away market share from Yahoo.

After 22 years, Verizon bought it for $4.8B.  Would Bitcoin ending up like Yahoo in the future and got beat up by new competitions?

What do you think?  Please provide your reason(s) to support your view.

Oh no I hope not. But it's definitely possible. Who knows? After 5 years an altcoin we've always been ignoring or a new coin will emerge and will be the currency we were hoping bitcoin would be.

I agree, it's possible to happen, that is why it's important to always upgrade the technology or it will become worthless and outdated compared to the other new ones that are being created. But I think it won't be so easy to make BTC fall to another Alt Coin, we are not talking about a search engine, it's a currency, a serious investment that has one main requirement, trust, and no one currency gets trust overnight.

[megynacuna]

Yahoo was the first (?) search engine at the time when Internet started.  It was the pioneer in its field.  In the late 90's its market cap reached to a high closed to $120B.   Three and a half years after Yahoo started, Google came out and gradually took away market share from Yahoo.

After 22 years, Verizon bought it for $4.8B.  Would Bitcoin ending up like Yahoo in the future and got beat up by new competitions?

What do you think?  Please provide your reason(s) to support your view.

Oh no I hope not. But it's definitely possible. Who knows? After 5 years an altcoin we've always been ignoring or a new coin will emerge and will be the currency we were hoping bitcoin would be.

I agree, it's possible to happen, that is why it's important to always upgrade the technology or it will become worthless and outdated compared to the other new ones that are being created. But I think it won't be so easy to make BTC fall to another Alt Coin, we are not talking about a search engine, it's a currency, a serious investment that has one main requirement, trust, and no one currency gets trust overnight.

Yes I agree with you, we can't correctly predict the future but we can speculate and per my readings I think it can be possible but not in the near future. If Bitcoin keeps evolving with updated functionality sporadically I think it will be difficult for any other Altcoin or wouldbe Altcoin to beat its competition.

[electronicash]

bitcoin is going to end up like yahoo or maybe even worse like altavista.

didn't you notice what most of the ICOs are trying to acquire these days? Most of those ICOs are asking for ETH not BTC.

if there will be a time that satoshi nakamoto has to dump his millions of btc, its right now. 

[Yakamoto]

Yahoo was the first (?) search engine at the time when Internet started.  It was the pioneer in its field.  In the late 90's its market cap reached to a high closed to $120B.   Three and a half years after Yahoo started, Google came out and gradually took away market share from Yahoo.

After 22 years, Verizon bought it for $4.8B.  Would Bitcoin ending up like Yahoo in the future and got beat up by new competitions?

What do you think?  Please provide your reason(s) to support your view.

Bitcoin, like anything else, definitely has the potential to go the way of Yahoo and I personally believe that it has a higher chance of going that way since there was never really anything for Bitcoin to learn from, it just had the advantage of being the first crypto and that was mostly it. Every other valued crypto improved upon the concept in some way, and this resulted in a large disparity between what was capable of coming out of Bitcoin and what was capable of these other cryptos. It's not that Bitcoin did anything wrong, it's just that it was a pioneer and someone else might be coming along to do it's job better than it. I personally hope this will not be the case, but it would be interesting to see what would happen with the community if Bitcoin gets beat by something else.

[alexis3]

I don't think bitcoin is getting behind the flock now, the majority of those in cryptocurrencies field mainly use bitcoins, the overall media attention is toward bitcoins, besides, bitcoin developers have already shown quality and good ability to make choices before, even with the current crisis, I think things will work out and bitcoins would continue to be number 1.

[hendra1988]

The rivalry between Bitcoin and Etherium Coins is almost the same as yahoo search engine chronology shifted with google search engine, both using the same system called Block Chain. In this Block Chain system, data recording and transactions are performed on multiple servers that are connected to each other. That way, if there is one server that is damaged, the data can still be accessed on other servers.
What distinguishes Ethereum from Bitcoin is Smart Contract implementation, which allows you to program transactions, before you do it. For example, you can create an arisan program that will automatically move the Ether belonging to each participant to the winner's account each month
Just as the more dynamic google search engine is easier and faster to search for it.
Source: https://en.techinasia.com/ethereum-pesaing-bitcoin

[dothebeats]

Everything could possibly happen with bitcoin and ending up being like Yahoo is no exception. Right now the only solid competition that I could think of is litecoin and not ETH. Yes, it is true that many companies back ETH up, but usage wise who needs smart contracts anyways? Lastly, people need money that can serve as fiat without hurting their brains understanding what are they using.

[batang_bitcoin]

Yahoo was the first (?) search engine at the time when Internet started.  It was the pioneer in its field.  In the late 90's its market cap reached to a high closed to $120B.   Three and a half years after Yahoo started, Google came out and gradually took away market share from Yahoo.

After 22 years, Verizon bought it for $4.8B.  Would Bitcoin ending up like Yahoo in the future and got beat up by new competitions?

What do you think?  Please provide your reason(s) to support your view.

Yahoo didn't ended up the shares from the CEO did end up but the whole operation of yahoo will continue but under with the management of verizon and will change its brand. They will now try to compete google and facebook with it's marketing. It's like bitcoin won't be dead but it will be upgraded.

[Pamadar]

Everything is possible as we knew that there's a lots of who offer much better service and enhance what bitcoin can bring but in a second thought bitcoin already established his name in terms of popularity and the core behind it would do everything to make sure that it will continue its stardom. Its a matter of time before we can really see its fate.

[ornabldo]

The Yahoo show, has been pretty sad for anyone following it from a while, particularly the huge loss of value in such a short period of time, just because the competition of Google - in the beginning - and now even GduckG, they have ended at the lowest point in the market.

I recall few years ago, when microsoft offered to buy them for around 10 or more times the current price.

[The_Dark_Knight]

bitcoin is going to end up like yahoo or maybe even worse like altavista.

didn't you notice what most of the ICOs are trying to acquire these days? Most of those ICOs are asking for ETH not BTC.

if there will be a time that satoshi nakamoto has to dump his millions of btc, its right now. 

And at some point they are going to regret going with that decision, the growth in ETH cannot be maintained it is obviously a bubble and at some point it is going to burst, maybe not today or tomorrow but someday.

[Vishnu.Reang]

Yahoo went down because of the greed and arrogance of its owners. They were wrong in putting too many advertisements on their search engine, and they erred in advocating a mandatory fee for sending the emails. But Bitcoin can't be compared to Yahoo. Obviously the greed is there (from the miners), but till now there is no viable alternative for Bitcoin. All the other alts are riddled with bugs.

[The Sceptical Chymist]

If bitcoin goes the way of yahoo, I suspect it'll be something way better that replaces it--not some shitcoin already in existence.   Bitcoin can do everything that any coin already on the market can do and in most cases better.  So yeah, it could definitely happen, but as to what would do it.  I don't think any of us know that.

[stompix]

Yahoo was the first (?) search engine at the time when Internet started.  It was the pioneer in its field.  In the late 90's its market cap reached to a high closed to $120B.   Three and a half years after Yahoo started, Google came out and gradually took away market share from Yahoo.

After 22 years, Verizon bought it for $4.8B.  Would Bitcoin ending up like Yahoo in the future and got beat up by new competitions?

What do you think?  Please provide your reason(s) to support your view.

No it won't happen.
Because we don't have a stupid bitch taking all the wrong decisions and although that getting paid millions.
Or do we...

Yahoo went down because of the greed and arrogance of its owners. They were wrong in putting too many advertisements on their search engine, and they erred in advocating a mandatory fee for sending the emails. But Bitcoin can't be compared to Yahoo. Obviously the greed is there (from the miners), but till now there is no viable alternative for Bitcoin. All the other alts are riddled with bugs.

Yahoo went down because it was crap.
The search engine was crap. The spam filter was and is crap.
Yahoo messenger was never meant to be used on mobiles.
And the list could go on and on and on.
Even the news section was stupid with articles tossed away in no sorting order whatsoever.

[SvenBomvolen]

Bitcoin was a peoneer in the digital currency world. I suppose there is an option that Bitcoin is going to be replaced with some more modern and developed crypto currency. Will it be Etherum or Litecoin I don't know, but today they both show good results of growth and spreading on the market.
We have to think about why shuch giants as Yahoo and Bitcoin can be forgotten? Weak managment is the answer.

[pearlmen]

Yahoo was the first (?) search engine at the time when Internet started.  It was the pioneer in its field.  In the late 90's its market cap reached to a high closed to $120B.   Three and a half years after Yahoo started, Google came out and gradually took away market share from Yahoo.

After 22 years, Verizon bought it for $4.8B.  Would Bitcoin ending up like Yahoo in the future and got beat up by new competitions?

What do you think?  Please provide your reason(s) to support your view.

Let's just hope it didn't get to that point where bitcoin will now be a pathway to others greatness but the issue is this when you don't move with the trend you get abandoned and that's exactly what I see happen to Yahoo. Google came and make life easier despite the fact that Yahoo has held sway for long. One thing is constant and that is change. I guess this is another open letter to the shakers in the block chain/bitcoin to find a way out of the challenges ravaging bitcoin.