Would Bitcoin ending up like Yahoo in the future?

[Rinaze]

Definitely possible but there's no saying for sure on what will happen in the future. The thing is it will really take a tremendous amount of effort (or completely new tech) and a bit of miracle actually to overtake Bitcoin. It takes 3.5 years for Google to overtake Yahoo but it has been 7 years for BTC and no alternate coin come even close. With that said, it should be quite safe to assume Bitcoin won't be ending up like Yahoo anytime soon.

[1714702145]

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[Andre_Goldman]

no way ... we're not that dump about share personal information ... internally or externally

[KingdomHearts]

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.

yes it could happen like yahoo. but yahoo until now still exis and still a lot of devotees.
despite losing to google. I think it is a cycle that occurs in cyberspace, we will never know what will happen to the future.

This is the rule of nature. Nothing could stand at its place for infinity. There must be an end of everything so why bitcoin would be saving itself from this.

You are absolutely right that you can’t predict future but don’t you think bitcoin, after even few centuries, will demolish or it may repute like yahoo. It will vanish itself or something more extraordinary replace it.

[kateycoin]

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.

We cannot predict what will happen so I can say maybe yes or no because the current time is the important and we enjoy what we earn and what we learned.

[Flomo]

competition must be in business, of course all is possible, although bitcoin is the first in cryptocurrency. bitcoin should continue to grow to stay on top.

[Bitcoin Guy]

Thare are actually many big companies that disappeared during the past years.  Among them, here is a list from NBC News.

http://www.nbcnews.com/id/41027460/ns/business-us_business/t/most-memorable-companies-vanished/#.WdaNPVtSxhE

Compaq, E.F. Hutton, Enron, TWA ...

[Tungsten-1]

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.

We cannot predict what will happen so I can say maybe yes or no because the current time is the important and we enjoy what we earn and what we learned.

Thinking a lot about future will destroy the present moments but we need to look at some important topics that have great influence on our lives. Digital currencies is the hot topic now and if you ask me, bitcoin will survive as long as this planet is going to stay alive. Every country will soon introduce its own crypto currency and bitcoin will be the most valued one and then it will be called digital gold.

[Bram 666]

for short term it is NO Because new technology of p2p (bitcoin) but for long term more than 200 years answer will be yes  Because must new things happen to development

[Nameless27]

Could happen with bitcoin, everything that could not possibly be possible in this world...

I will not assume it would likely to happen but your right possibility are open in all things in this world and bitcoin is not exempted.

But as those scary predictions and speculation is not yet on the bridge of reality, I will just enjoy this time and don’t want to waste it in thinking negativity to spoiled my earnings and be stressful today.

Bitcoin might not last a lifetime or a century but what matters most is what it is now and what this thing can do to help our lives financially and emotionally. It is more than a way of earnings for most of us but an opportunity to learn beyond our imagination.

[boltz]

You cannot compare the both of them , the bitcoin will survive no matter what , the blockchain technology is here to remain but in what shape we will see.

[salad daging]

You cannot compare the both of them , the bitcoin will survive no matter what , the blockchain technology is here to remain but in what shape we will see.

bitcoin will end up like yahoo if it can not have the innovations that some altcoin continue to offer like smart contracts in ethereum, in the end will a lot of coins offer a level of business complexity that not only focuses on currency exchange, should bitcoin admit it and start doing a new breakthrough or will be abandoned in the future.

[daronch]

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.

Nobody knows for sure. It could happen. Or it could simply blow away the competition for the next 20 years. Who knows?

[valentine401]

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 does have a limit but it cannot be measured through counting how many bitcoins is left out there and the only way to measure the life of bitcoin is through time and predictions of individual specialist. Maybe there is a different information about how it ends, Just try to look at the news in google.

[Text]

No one ever knows how long does bitcoin will exist but it also possible that it would be replaced by other newly created system because of the great minds and innovations that is evolving in every generation. For now, it is hard to forget about bitcoin cause everyone is enjoying it, the unique features and benefits.

[DoublerHunter]

No one ever knows how long does bitcoin will exist but it also possible that it would be replaced by other newly created system because of the great minds and innovations that is evolving in every generation. For now, it is hard to forget about bitcoin cause everyone is enjoying it, the unique features and benefits.

That is right, it is very possible for bitcoin to get replaced by another cryptocurrency because of the better features and because the people are already want some new. The only consistent in this world is change, so we don't need to be surprise if a cryptocurrency will replaced bitcoin.

[ruskytailz02]

yes it is possible maybe the eth will the next star of cryptos..
but I also thinking that BITCOIN will not losse it shine despite of it high priced value and one of the most popular and using coins as of now
for those rising cryptos if they will be more popular than BITCOINS then congrats they get the crown

[Roman Abraham]

I don't think so, because bitcoin is different with Yahoo, bitcoin is a digital currency that appears as an alternative choice besides fiat money, even bitcoin has the potential to replace fiat money in the future. Yahoo was eliminated because of the emergence of Google as a rival and with innovation Google continues to grow and become search engine of the society's main choice. Today we see bitcoin also growing and bitcoin developers innovating with the first successful hardfork will even be followed by a second hardfork by the end of this month. This proves that bitcoin is capable of developing so I think it will not be the same fate with Yahoo.

[Singwala]

There is nothing impossible here in the world and everything ends but there are also things that are not. And that will enable you to do the actions you take today. Just like those songs it does not end even when it's gone. Bitcoins are a good thing to invent and it will not be lost because of its good doing now,

[centralbanksequalsbombs]

Hahaha, Yahoo was around like 5 years and even less for all the other central-bank bubble scam companies that bubbled and crashed part of the dotcom crash of 2000/2001. Yahoo/dotcom was largely a one-country centric phenomenon in the USA. Central-bank system bubbles and regulations are also anti-competition and choice - centrally funded 'competition' of a few players. Fiat scam.

LOL Bitcoin has been around 8-years and these last four years have had hundreds of altcoins (scamcoins) of heavy competition.

Simply ask yourself as time goes, which is more useful and efficient and storing VALUE (worth more over time)? Any fiat currency? US dollar for 10years? or Indian Ruppee? Mexican Peso? Chinese Yuan? Or an Altcoin (scamcoins) that may do anyone of the following change their protocol rules, fork off, premined, sucksoff ICOs, can be changed, central points of failure or centrally controlled?
LOL. Or immutable, scarce, decentralized, globally distributed, traded and sought after in over one-hundred countries, fairly released (with the inventor who took the first million mined to death in his grave), that has been 8+yr established BITCOIN?. WORLDWIDE freedom with real savings.

Fiat currencies and even things like gold are assets that can have its value manipulated by the traditional central-bank system.

Bitcoin is for the most part free of that level of manipulation. And every 5 years, Bitcoin price is higher and will always be higher.

Though it is still very early adoption by the world population (most people everywhere don't know what it is)...
Bitcoin has freed, continuing to free, and tomorrow will still free many people globally from the centrally controlled debt-based fiat system that confiscates your wealth with inflation and tax. Bitcoin is a TRUE savings vehicle. Buying Real Estate, Hospital healthcare, Global traveling, College Education gets cheaper as you hold Bitcoin.

And it has become clear that...
Bitcoin CANNOT be controlled.

Bitcoin cannot be made legal. Governments may still attempt to do so.

Bitcoin cannot be made illegal. Governments may still attempt to do so.

Central banks already control and manipulate Stocks, Real Estate, Gold, Interest Rates.

Bitcoin reached escape velocity 4-years ago in 2013 which means it cannot be stopped - cannot make it illegal or legal - governments/banks do not matter.

On the opposite end of the spectrum the global fiat (US Dollars, Indian Rupees, Chinese Yuan, etc) bubble system broke a couple of decades ago.

Fiat around the world is forced to inflate issuance as its heavily infested, burdened and broken with:
-regulatory burden on fiat banks & system (incredibly costly)
-unemployment & other welfare costs
-inflating fiat to keep stock market rising and to keep house-prices from collapsing
-financing conflicts, bombs, and "aid"
-insurance fraud
-false claims and insurance loss-events
-stabilize regions after natural disasters
-keeping monopolies with internet access centralized and search engine crawlers centralized
-money laundering
-chargebacks
-frivolous legal costs (lawsuits bogging the system down)
-state-sponsored corruption and unofficial corruption (governments and gangs, banks and conartists)
-retirement obligations (debasement in value to keep up with payments from government or other retirement-obligations)
-fake credit (goods being transacted with credit-loss, replaced by inflation of monetary base rather than bringing perpetrators & source to justice)
-using enforcement labor to freeze accounts and assets and take away your money
-costs of auditors and budgetors and accountants to governments and businesses

Bitcoin, systemically, is free from these burdens.

Bitcoin is GLOBALLY held and sought after by people in almost every country - see global trade data by country or see this list:
https://bitcointalk.org/index.php?topic=1853019.0

CAN SOMEONE PLEASE STOP BLOWING BUBBLES OF EXTRA FIAT MONEY AROUND THE WORLD? (PLEASE NO MORE USD, EUROS, JAPANESE YENS, INDIAN RUPEES, CHINESE YUAN, MEXICAN PESOS - PLEASE STOP INFLATING AND MAKING BITCOIN SO VALUABLE)...stop this pumping

https://macromon.wordpress.com/2017/04/26/the-chart-that-floats-overvaluation/

[Sithara007]

It is possible. And we must prepare for such a scenario, although the chances are minimal. But my guess is that in case if Bitcoin goes down and another crypto-currency replaces it, it may be one of the Bitcoin clones (such as Bitcoin Cash and Bitcoin Gold) rather than one of these proper alts such as Ethereum, Ripple, Litecoin and Monero.