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Author Topic: Will the bitcoin be outdated by another currency?  (Read 5691 times)
Epimetheus
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July 09, 2018, 08:03:42 PM
 #561

No altcoin can be compared to Bitcoin and Bitcoin will forever be a king in Crypto. But if you want to overthrow Bitcoin, only ETH can do it. Because ETH is also developing strongly and is trending up like Bitcoin before

Yes, no Altcoin can take the place of bitcoin but some Altcoin may be beat bitcoin in its popularity. Altcoin like Ethereum may be beat bitcoin in its price. Ethereum also have a good platform and its user number is also immpresive. Many developing countries and developed country using it to improve their country economy. Ethereum is less volatile then that of bitcoin. Because of this many investors prefer Ethereum for long term investment purposes. Ethereum money transaction speed is also good then that of bitcoin.
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Eigig
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July 09, 2018, 08:59:25 PM
 #562

In the future it may happen that bitcoin will be outdated by another currency, this is because digital technogy is fast developing new prorammes in the digital world , if there is another currency that is better in performance than bitcoin then people will go to much better services than the usual one which is yhe bitcoin.
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July 09, 2018, 09:57:32 PM
 #563

At present, I don't think that any other coin would beat bitcoin, but there are a few good coins that have got a very bright future such as Neo.

I like the way you put it. I agree, no one can beat bitcoin. Bitcoin will always beat other coins. Smiley Kidding aside, bitcoin is been in the market for 9 years now and it is still the strongest coin currently. Yes it falls from 19,000 USD to around 7,000 USD now but still it is way bigger than any other coins. But it's only time can really tell the truth. Let us wait and see if any alt coins and beat bitcoin.

The price went from 20,000 to 7,000, but that's not a good example, because almost all other alt coins did worse than that during that time period.

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July 10, 2018, 12:14:31 AM
 #564

Bitcoin is already being outdated by other cryptocurrencies, even Ethereum was a generational improvement on Bitcoin. However, as we all know, the best isn't always the most successful, and bitcoin is clearly the most successful. However, modern cryptos such as ADA and EOS could possibly overthrow bitcoin if they manage to gain significant traction and partnerships, this is because they have much more potential outside of just being a payment system.

I think if the trend of bitcoin price is going down for the next years to come, indeed it will be outdated by the other cryptos. People will eventually put their interest in other cryptos that are really beneficial to them. Bitcoin might be on the verge of loosing its dominance if the price goes very low while the others are making their way to the top slowly but surely. Just my opinion anyway, that might shed light.
It is hard to believe mate how easily you said people will create some other currency, is it a child play to make currency and allow it to the markets as payment, no it is not going to happen already bitcoin is in the ground and it will be there forever, no currency can ever replace bitcoin, it has gained the most useful most invested currency award so I think bitcoin is hard to beat by any other currency,
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July 14, 2018, 07:21:14 AM
 #565

This is potentially high. At present it is very good, but it has been created very long. So to compare technology, the bitcoin will not be equal to the new coin altcoins are developed in the market.

I think no, there is no such currency which can compete with the Bitcoin even there is not any single currency which is in comparison with the Bitcoin. Bitcoin is base currency which has the strength and potential and has proven it to the whole world. Besides the Bitcoin other cryptocurrencies are also in momentum but if we think it will take many centuries to reach at the position of Bitcoin.
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July 14, 2018, 10:20:24 AM
 #566

This is potentially high. At present it is very good, but it has been created very long. So to compare technology, the bitcoin will not be equal to the new coin altcoins are developed in the market.

That is not possible. Bitcoin has one of the huge market caps and it has been the top trending coin since a decade. Besides, ETH which is a very potential crypto cannot even cross Bitcoin in coming decades let alone other crypto. Having said that, Bitcoin will go one ruling the crypto market and might even outshine US dollar if it is recognized by countries all over the world.
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July 14, 2018, 11:45:20 AM
 #567

This is potentially high. At present it is very good, but it has been created very long. So to compare technology, the bitcoin will not be equal to the new coin altcoins are developed in the market.

I think no, there is no such currency which can compete with the Bitcoin even there is not any single currency which is in comparison with the Bitcoin. Bitcoin is base currency which has the strength and potential and has proven it to the whole world. Besides the Bitcoin other cryptocurrencies are also in momentum but if we think it will take many centuries to reach at the position of Bitcoin.
We can't tell if there will be or there will be no competitor for bitcoin in the future because bitcoin is still the king right now but we don't know if there will be a good cryptocurrency which have a great team, great features and an overall better overview compare to bitcoin and that is the only way that i think bitcoin will become outdated.
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July 14, 2018, 12:06:23 PM
 #568

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.

Although bitcoin is old, but bitcoin will remain popular and can not be defeated by other currencies. Bitcoin will remain the most popular in crypto.

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July 14, 2018, 01:01:59 PM
 #569

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 bitcoin will never be outdataed by any other cryptocurrencies because it is the most popular cryptocurrency and it has more greater value than other cryptocurrency. I think bitcoin will still remains on the top no matter what happens it is srill the best.
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July 14, 2018, 01:12:55 PM
 #570

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 agree with you. In my perspective based on what I have seen, bitcoin cannot be outdated by others as of now for a reason that it is more influential unlike before. Another one is that it is safer due to government cannot put taxes on it so you have no worries and also only you can manipulate or control your bitcoin. It cannot be outdated by others because it is the most popular cryptocurrency so far and the first to be used and introduced.

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AdamRay
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July 14, 2018, 01:27:08 PM
 #571

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 agree with you. In my perspective based on what I have seen, bitcoin cannot be outdated by others as of now for a reason that it is more influential unlike before. Another one is that it is safer due to government cannot put taxes on it so you have no worries and also only you can manipulate or control your bitcoin. It cannot be outdated by others because it is the most popular cryptocurrency so far and the first to be used and introduced.
Bitcoin will probably be outdated by another currency as it somewhat precedes paper money. The world is constantly transforming itself into a more modern one that hardly anyone guesses exactly how it will happen. Bitcoin is the first electronic currency and is probably the foundation for other superior electronic currencies in the future.

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July 14, 2018, 01:31:23 PM
 #572

By another cryptocurrency that has a better features of bitcoin and if they can do the bitcoin can stand by itself without any help of its developers. I can't say that it has no help what I am saying is it can stand in a long time. Another currency can replace bitcoin but for sure it will be in the future.
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July 14, 2018, 01:35:19 PM
 #573

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 agree with you. In my perspective based on what I have seen, bitcoin cannot be outdated by others as of now for a reason that it is more influential unlike before. Another one is that it is safer due to government cannot put taxes on it so you have no worries and also only you can manipulate or control your bitcoin. It cannot be outdated by others because it is the most popular cryptocurrency so far and the first to be used and introduced.

As for what I have observed, Bitcoin and cryptocurrencies are the emergence of new type of currency which is used in the digital world. So how could the evolution of currency be outdated by the traditional one?

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July 14, 2018, 01:45:31 PM
 #574

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 bitcoin will never be outdataed by any other cryptocurrencies because it is the most popular cryptocurrency and it has more greater value than other cryptocurrency. I think bitcoin will still remains on the top no matter what happens it is srill the best.
Agreed that bitcoin is still very powerful and still growing, it is still king and overwhelm all remaining opponents, so there is nothing to protest you when you have reason and basis to believe that bitcoin will not be outdated but all that you see is only a part, more precisely, you are just looking at the present and what the bitcoin is showing. And what you are ignoring, that is the future, development and outdated then replace, that is always a loop of technology, Bitcoin will not be an exception, if it has a glorious time, it still has moments of weakness and collapse.

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July 14, 2018, 01:52:30 PM
 #575

Bitcoin stands alone and will survive in its own way isnt the same as social networks. Bitcoin is a digital asset and we have full rights to ownership without the interference of others and this is the future

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July 14, 2018, 02:00:41 PM
 #576

Bitcoin is very similar to the early Ford T model. It was the first coin that introduced the world to the blockchain universe much like Ford introduced us to cars. Nonetheless, much like Ford could not upgrade the first cars into the next generation vehicles the same fate awaits Bitcoin.
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July 18, 2018, 07:54:34 AM
 #577

I suppose that this is possible, because of the simple reason. What develop next always become better than the thing that were being developed before. Like iPhone 6 is much better than iPhone 5.
I think there is no such currency which can compete with the Bitcoin and further more there is no such currency which we consider in comparison with the Bitcoin. Price of Bitcoin is very much higher than other cryptocurrencies and which are also valuable but this would need a lot of time for less valuable currencies to reach at even the lowest value of Bitcoin. Bitcoin is very successful and I think no there is nothing which can replace it.

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July 19, 2018, 01:13:21 PM
 #578

I suppose that this is possible, because of the simple reason. What develop next always become better than the thing that were being developed before. Like iPhone 6 is much better than iPhone 5.
I think there is no such currency which can compete with the Bitcoin and further more there is no such currency which we consider in comparison with the Bitcoin. Price of Bitcoin is very much higher than other cryptocurrencies and which are also valuable but this would need a lot of time for less valuable currencies to reach at even the lowest value of Bitcoin. Bitcoin is very successful and I think no there is nothing which can replace it.
Exactly. I think so, there is nothing to replace the bitcoin is absolutely possible. However, anything is possible. It also has to go through the experience period, which is used by the user community. Just like the professional investor community uses. I have high trust with bitcoin that can not be replaced in the future. That is my opinion.
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July 19, 2018, 01:46:32 PM
 #579

by another currency no way at least these time
simplicity of bitcoin is the key
but when bitcoin compare with another cryptocurency its autdated already
because bitcoin is the first, the technology is adopted by next cryptocurency with some improvement

I do believe that at this point in time they cannot outdate bitcoin. But as technology develop and as things changes i believe someone will emerge better later on. With the fact that many cryptos are emerging and they aim also to where bitcoin is. So ad of now lets enjoy bitcoin because its the best crypto in our time so far.

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July 19, 2018, 02:17:55 PM
 #580

by another currency no way at least these time
simplicity of bitcoin is the key
but when bitcoin compare with another cryptocurency its autdated already
because bitcoin is the first, the technology is adopted by next cryptocurency with some improvement

I do believe that at this point in time they cannot outdate bitcoin. But as technology develop and as things changes i believe someone will emerge better later on. With the fact that many cryptos are emerging and they aim also to where bitcoin is. So ad of now lets enjoy bitcoin because its the best crypto in our time so far.

For now and for the coming years I don't believe that there will be other cryptocurrency that will replace bitcoin, but there is always a possibility in the future if all happenings will not in favor of bitcoin.

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