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Author Topic: Will the bitcoin be outdated by another currency?  (Read 5071 times)
cmacwiz
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June 17, 2018, 06:22:26 PM
 #501

My answer to the principle is: NO

Bitcoin is money, the value of money is built on confidence, tradition and security, attributes that Bitcoin offers easily. The analogy between Bitcoin and social networks is completely incorrect, people think that Bitcoin is an myspace that will be replaced by facebook. It turns out that Bitcoin is money and not a social network, so this comparison is completely wrong.

Most of mankind's wealth resides in vaults for hundreds of years, so the circulating medium is derisory close to it. Why are we going to need fast, no-fee coins if we can use paper money and banks? Bitcoin's purpose is to be a safe asset, scarce and superior to gold. What is behind Bitcoin is the fact that no politician can steal you through taxes or inflation, there is nothing safer than Blockchain and Bitcoin. So far no technologically superior currency has emerged to Bitcoin to the point of provoking an abyss between technologies and will hardly emerge.

BUY BITCOIN TODAY AND ALWAYS.
I think even when bitcoin had dropped so low these past few months, I still believe it will always be the top one cryptocurrency because bitcoin is the face of cryptocurrency. When someone talk about cryptocurrency ,it is most likely pertaining to bitcoin. Even if it crashed, altcoins would not still catch up because bitcoin has so much lead to them. But if we are talking about real currency, there is a possibility because even in this time bitcoin isnt the top currency and is outdated by real life currency.
No this cannot happen.Bitcoin cannot be overtaken by any other cryptocurrency.Although there are many cryptocurrencies available in the market but none of them have the potential and capability to overpower bitcoin.Bitcoin is the father of all the cryotocurrencies.Ethereum which ia the second cryptocurrency is also far away from bitcoin.Bitcoin has the largest number of users in the world.It is very valuable and expensive.It is the best option for investment in the market.

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June 17, 2018, 06:27:18 PM
 #502

Nowadays bitcoin will not be expired by other currencies because bitcoin is the best digital currency in the world today and also bitcoin is the most popular digital currency in any part of the world and maybe bitcoin will last long enough

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June 17, 2018, 07:07:06 PM
 #503

it is more than possible if bitcoin does not recover, but i really doubt that it will happen because bitcoin has always been the most strongest currency of all the times in here

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June 17, 2018, 08:46:32 PM
 #504

If I personally think bitcoin will not expire by other currencies even though there are some other digital currencies due to this bitcoin can be used as a means of transactions can also be used as a source of our income and income we get also quite a lot.
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June 17, 2018, 09:09:15 PM
 #505

I do not think it is possible for bitcoin to be replaced by another currency.  Bitcoin is the first cryptocurrencies and has such gained popularity among the people.  Another reason bitcoin can not be replaced is the fact that its price is the highest of all cryptocurrencies and such cannot be competed with.  It gives a lot of profits to investors and bitcoiner.
Bitcoin also has a lot of features that makes it impossible for it to be outdated.
To me i think that it is possible but not so easy, because so many other good crypto currencies are there which also have too much potential and chances are that their price will also increase too much, but still it is no even so easy for them to overcome bitcoin, because still bitcoin is the best currency of the current time and even will remain as the best for a long long time.
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June 17, 2018, 10:25:52 PM
 #506

I think it’s hard to predict if BTC will keep the leading place or not. BTC is the king now, it’s right, but I think that people tend to talk more about altcoins. Perhaps, someday one of those coins may replace BTC.

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June 17, 2018, 10:30:40 PM
 #507

Everything could happen in financial world, before bitcoin was introduce we don't even know that a currency made through the internet can shake the entire world. But i believe if there is a chance that another currency is made that has a lot of advantage over bitcoin as a currency i think bitcoin will stay and become profitable even after a decade from now.

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June 18, 2018, 07:41:31 PM
 #508

Bitcoin is always first choice to invest by people when they want to join in crypto. I am believe that bitcoin will never be outdated by another currency because other currency is just altcoin and the primary is bitcoin.
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June 18, 2018, 08:08:09 PM
 #509

I do not think so , that bitcoin will be outdated buy another currency, just if there is another launched of new currency that is more better than bitcoin, that will be a breakthrough in modern technology digital currency, but if there is none ,then bitcoin would still be a bid thing in the digital currency and in the cryptoworld, it would remain a dominant digital currency.

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June 18, 2018, 08:14:54 PM
 #510

I seriously doubt this. Bitcoin is like "gold range" of value compared to other currencies. The value of other coins and tokens is defined by it and I am sure that this won't be changed in the near future.
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June 18, 2018, 09:07:18 PM
 #511

I think at the moment, it is hard to have any money to beat the BTC, because of the trend of the market, the price of BTC is still high although it has not increased in the past few months but in the future I think BTC will have competitors, such as NEO.
BTC will remain at No. 1 unless people stop trading it.
And I agree with your opinion.
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June 18, 2018, 10:20:21 PM
 #512

I seriously doubt this. Bitcoin is like "gold range" of value compared to other currencies. The value of other coins and tokens is defined by it and I am sure that this won't be changed in the near future.
Maybe not coins are following price of bitcoin but most of them are, if crypto will be developing that fast like now in future we could only see bitcoin on first place with price that we cannot imagine now.

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June 18, 2018, 11:24:05 PM
 #513

So many predictions that bitcoin will certainly be outdated by another crypto. Until now I think it won't replace in the near future because bitcoin is still the strongest cryptocurency. Many users supporting it these days price low and high users exists.


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June 18, 2018, 11:33:00 PM
 #514

So many predictions that bitcoin will certainly be outdated by another crypto. Until now I think it won't replace in the near future because bitcoin is still the strongest cryptocurency. Many users supporting it these days price low and high users exists.
[/quote
So far bitcoin development and the price accumulated is unsurpassed by any currency it build stronger and safer blockchain  technology, because of an idea in which decentralized many people trust it.

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June 18, 2018, 11:37:20 PM
 #515

Nah it is not going to happen if that is what you reffering to, because it is more than impossible now that there are a lot of negatives over all the other cryptos

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June 19, 2018, 01:16:31 AM
 #516

Bitcoin is the most popular and most trusted digital currency by many people. and with the recent appearance of altcoin, of course, will divide investor confidence between Bitcoin and Altcoin. but I'm sure, Bitcoin will not be expired by another coin. Bitcoin will remain the most popular coin.
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June 19, 2018, 01:56:48 AM
 #517

No one can kill bitcoin, no one can defeated bitcoin. As for now bitcoin remains as the strongest coin from all coins. Even it goes down still its value couldn't deny that it is still the high price coin. Popularity and influence is on bitcoin sides that falls normally.
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June 19, 2018, 02:59:41 AM
 #518

I think at the moment, it is hard to have any money to beat the BTC, because of the trend of the market, the price of BTC is still high although it has not increased in the past few months but in the future I think BTC will have competitors, such as NEO.
BTC will remain at No. 1 unless people stop trading it.
And I agree with your opinion.

Yes, the trend of bitcoin in the market are very strong enough to make it number them number one spot for the next coming years. No other crypto can overpass it.
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June 19, 2018, 03:12:44 AM
 #519

If we will be talking about outdated crypto currency, yes. Bitcoin is outdated with a lot of good crypto currencies on the market. There are a lot of good crypto currencies that is circling the market with great potentials and great features and technologies though in terms of it's support and price, I don't think they will be able to pass the great Bitcoin.

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June 19, 2018, 03:19:02 AM
 #520

I'm sure and optimistic that bitcoin will always be the first choice and will not be replaced with any coins, although the development of coins and tokens is very fast and fast but I'm sure bitcoin will be hard to replace.


 
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     ▐███▌            ▐█████            ████▌        ███████████           ███████████
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◪◩⬔⬕◪◩⬔⬕◪◩⬔⬕◪◩⬔⬕◪◩⬔⬕◪◩⬔⬕◪◩⬔⬕◪◩⬔⬕◪◩⬔⬕
⬔⬕◪◩⬔⬕◪◩⬔⬕◪◩⬔⬕◪◩⬔⬕◪◩⬔⬕◪◩⬔⬕◪◩⬔⬕◪◩⬔⬕◪◩
 


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