Would Bitcoin ending up like Yahoo in the future?

[DoublerHunter]

I don't think that Bitcoin will just end up like Yahoo because we have continuous development and that makes bitcoin stronger and it will make bitcoin more valuable in the future. If we will continue doing what are doing in bitcoin (Continuing the development, supporting and many positive things) then we will not expect bad things anymore.

[Karmakid]

Could happen in the future ofcourse,competetion is the always problem why a specific business shut down or got lose income and didnt recover,there are alot of better things that will come on so i think it may

[AleSergio]

It could happen for sure, because bitcoin is losing its position in crypto world. Some coins or tokens right now are being bought for ETH and about 2 years ago it was only bitcoin. From 2-3 years it could deffinetly end as yahoo

[hase0278]

Bitcoin might end up like yahoo in the future but the probability is so low. Unlike yahoo, who refuses to change because they are at the top at some point, bitcoin changes and that's why we have some bitcoin scaling proposals that will be implemented in the future intended to improve the quality of service bitcoin gives to it's users. Because of the said reasons above, I think bitcoin won't end up like yahoo in the near future.

[epitome]

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.

I think it is a good analysis comparing the case of yahoo and i really think this will be case with most of the alt coins in the market,will bitcoin end up like that,it is really difficult to predict that, it all depends upon how the network will upgrade to the changing technology and i really hope we will see updates when ever it is needed.

[oktana]

Bitcoin might end up like yahoo in the future but the probability is so low. Unlike yahoo, who refuses to change because they are at the top at some point, bitcoin changes and that's why we have some bitcoin scaling proposals that will be implemented in the future intended to improve the quality of service bitcoin gives to it's users. Because of the said reasons above, I think bitcoin won't end up like yahoo in the near future.

If there is no development in bitcoin, then the fate will be the same as yahoo, altcoin continues to work hard to perfect itself by walking fast, while I think bitcoin is still running slowly and continues to be played by whales and shifty miners who can move away at any time. The community will not always be the main thing without any innovation and technological development.

[gribble]

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.

If there are no innovations, solution and other something that makes​ bitcoins be better in the future
i think yes bitcoins will ending up like Yahoo be replaced by other altcoins,
but if the activation of segwit on bitcoins network is succesfull and never find the problem
bitcoins won't ending up like Yahoo.

[Xester]

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.

It could be possible that it can beat up by new crypto currency or maybe with the cryptocurrency already in the market.  But that would take time.  Even there were many digital coins out there, still all its price are based on bitcoin.  No digital currency compared to bitcoin.  It is the first and the most sought after digital currency.

[hosseinimr93]

We cannot predict what will happen to bitcoin. But We can say that it could happen. It is not impossible. Bitcoin has some disadvantages that make your prediction possible. Problems such as high transaction fees and slow transactions should be solved. Otherwise in future It is possible that another cryptocurrency replace bitcoin and people will move to that. In my opinion this will not happen soon.

[Gunawan82]

What happens in an impossible world is possible, so it can all happen with bitcoin..

[panganib999]

That have possibilities but I think it will takes time maybe if there will be a new cryptocurrency that have a solution and more better that bitcoin just like the transaction is a instant in terms of sending and receiving that coin because in reality that is the only major problem of bitcoin and blockchain technology for me.

[Barbut]

What a parallel you made between Yahoo and bitcoin is unbelievable, and I need to agree with many others that it's possible for bitcoin to end up like yahoo, that is a fact, with bitcoin anything is possible.
Internet search and possible currency are two different things, and even if its possible I don't think we will see this scenario, in our case bitcoin is the coin that needs to be easier to use, with more options then any other coin. I never used yahoo, I starter to use internet and google right away in my time, google was much better and easier to use.

[CraigWrightBTC]

Bitcoins is decentralized, it is not depend on the management of business like Yahoo search engineers
bitcoins depend on the ecosystem of bitcoins miners, developers and investors,
Yahoo search engineers has bad management of business, so they had been replaced​ by google
 i think bitcoins would not ending up like Yahoo.

[jc89]

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.

Being greater than the original or the old ones does not mean that the great will takeover or surpass the old one. There are several factors observed here and being great alone will not dictate that you are worthy to become the number one. In the field of cryptocurrency, the user decides who will become number one. Many are still supporting Bitcoin over any other cryptocurrency. Bitcoin just have to sustain and nurture the support from users.

[Weatherby]

The difference between a corporate like Yahoo and a decentralized currency like bitcoin is that you cannot compare these two things,the price of bitcoin will rise as long as there is interest in the coin and it is hard to think that it will go down any time soon.

[Wesimon]

Who can say? Nothing is permanent in this world. Some will win, some will lose. Now, bitcoin is soaring high so let us enjoy it. If there is an opportunity for another coin, then grab it. Do not settle for only one coin. But, many of us believes that bitcoin will go further.

[Sithara007]

The difference between a corporate like Yahoo and a decentralized currency like bitcoin is that you cannot compare these two things,the price of bitcoin will rise as long as there is interest in the coin and it is hard to think that it will go down any time soon.

Can't ignore the similarities as well. Yahoo lost the battle, when it lost its market share to Google. Similarly, right now Bitcoin is losing a lot of its market share to alts such as Ethereum, Nemcoin, Litecoin, and Ripple (the Bitcoin dominance in the crypto-coin market cap has come down from almost 90% to 37%).

[iamTom123]

You are comparing an orange with something like a banana but then anything can happen online and it is so hard to predict the exact news in the future so I would preferred that we leave that to the prophets of doom and gloom.

In my opinion, Bitcoin can get trashed if we all stop using it and we all sell our Bitcoin holdings to a better currency perhaps Ethereum or maybe Monero or any other alternative currencies already in the market.

We have to understand that one of the factors for a currency's strength is the solid community behind the cryptocurrency. This has been shown by Bitcoin and other coins backed by their own supporters globally. This is just like any other product in the marketplace, if there would be a strong following you can be sure of continuous growth and innovations, otherwise a product/service can just die a natural death and be on the list of oblivion.

In the coming months, when the scaling solution can get implemented, we are in for a show of real Bitcoin strength and beauty as it would roar and soar into the cryptosky.

[Cosbycoin]

We do not know, we cannot say of what will happen in the future since it is unpredictable.We can see the bright future of bitcoin since there are lots of supporters that totally support bitcoin but then we cannot say if in the voming years if there will be no coins that will.pump up and get the attention of people like bitcoin is having now. We cannot say what other future coin can do and can reach. We really do not know yet even it is successful now we can say what will happen in the future of it. But we hope for good one.

Yes man, we cannot say anything for future what will happen to bitcoin but the thing we are expects from bitcoin is its bright future because in a few days bitcoin had made a lot of progress and as every one knows that the world is going to digital so I don’t think bitcoin will end up it will rise to top and more than that too.

[Caelanpelley]

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.

Very possible bitcoin will disappear in the future, that can totally happen depending on time and how we use them. When there is something new and better bitcoin will no longer be number one.