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Author Topic: Will the bitcoin be outdated by another currency?  (Read 3759 times)
concept2
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July 23, 2018, 02:53:13 PM
 #621

I find it difficult, because bitcoin has always been on top of the coins.
Ethereum could take the throne but needs to grow a lot to get there.
It could be quite hard to predict whether bitcoin will be replaced by other cryptocurrencies but after reading through the OP's post, I suppose that "another currency" here is a totally different kind of currency like fiat money, gold, etc. But anyways I'm pretty certain that bitcoin will hold its top place for quite a long time. It has posed numerous benefits to its users and has been at the cutting edge of monetary technology. So bitcoin will hardly be outdated by another currency, at least in the near future.

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July 23, 2018, 03:05:43 PM
 #622

I think bitcoin will stay on top of crypto currency, I am very sure, what do you think
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July 23, 2018, 03:15:22 PM
 #623

It’s hard to give such an answer. Bitcoin was release in 2009 and it has not be replaced or outdated with any currency ever since.

But I found some reason by which bitcoin can be replaced or outdated. The first reason is dumping its price and pumping the price of alt. The second reason is the banning of bitcoin in some countries. People can start to leave bitcoin and can choose other coins since ETH is the second coins so it can be outdated with bitcoins. Nothing is impossible
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July 23, 2018, 03:51:05 PM
 #624

Bitcoin was designed as a digital currency. The technology allows only basic programming. This prevents bitcoin from being used in more complicated situations like for smart automatically executing contracts. Think of it like a calculator compared to a computer.
There are now over 1500 cryptocurrencies newer than bitcoin. These coins are more efficient, faster, and offer features that bitcoin lacks.
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July 24, 2018, 03:40:35 AM
 #625

No. Never. It will never happen to bitcoin. We all know that many cryptocurrencies are beong created by people nowadays. They create cryptocurrencies because they want to have a business. They want to have an extra income. I know that they create cryptocurrencies because of exclusivity. They want to have a new cryptocurrency that will help people. But the real thing is that, bitcoin is the number one cryptocurrency for me because it helps me a lot than any other cryptocurrencies.

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July 24, 2018, 04:16:58 AM
 #626

I don't think so,their are a lot of altcoins created but  never one of them surpassed bitcoin.Even ethereum who showed good movement but never did it surpass bitcoin too.

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July 24, 2018, 04:20:23 AM
 #627

All what I can state is that, until further notice Bitcoin isn't obsolete by some other cryptocurrency. In any case, in years to come, if no other crypto confronts beat bitcoin in the amusement then it can in any case stand. Present day innovation is continually expanding; if another coin rises to give what bitcoin didn't give, don't be astounded that this our most loved coin will be obsolete. Or disaster will be imminent on the off chance that it is continually refresh to coordinate new current innovation.
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July 24, 2018, 04:31:53 AM
 #628

bitcoin will never expire by another currency, because without bitcoin people will not be able to earn money, working in bitcoin trading market is very good, I really agree when made in make money and make money.

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July 24, 2018, 04:40:57 AM
 #629

Numerous cryptocurrencies are being generated almost a month and no currency has ever outdated BTC, but if we are talking about the features and the technology of these newer altcoins then there is no doubt that they will take that advantage, but again BTC is on top and will be on top until they actually faced a currency that has the capabilities.
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July 24, 2018, 04:52:10 AM
 #630

Bitcoin is the first and longest running cryptocurrency today, and i think it will never be outdated by other type of crypto. As we all know its the most popular and no altcoin can surpass it. Compared with others, btc is very simple to use, decentralized, and has a good reputation. Its use has been proven for 9 years and it will still be the number crypto in the world in the years to come.
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July 24, 2018, 05:44:06 AM
 #631

Bitcoin always primary investment by every person. As store of value and currency, bitcoin is secure than other assets, as currency bitcoin is more flexible and more resistant than inflation

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July 24, 2018, 06:07:06 AM
 #632

I totally agree with your statement. Future is too unclear to be seen and predicted. Therefore, I prefer to build a well-diversified portfolio based on your risk preference and investment goals. And it should include different assets among which are various currencies and projects. I can name you one good Token Sale. It is called Socratus.  It is an insurance ecosystem which provides a digital platform for insurance companies. So any insurance company can connect the platform to become the part of Insurance Digital Ecosystem.
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July 24, 2018, 06:10:20 AM
 #633

Bitcoin being the base for each and every digital currency there won't be anything big that overcome or out date the bitcoin. More projects promote themselves in comparison with the features of bitcoin. Even after providing better features they were unable to compete with bitcoin.

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July 24, 2018, 08:08:00 AM
 #634

this debate exists since long time whether any other coin surprised bitcoin. Bitcoin is may be backward compared to new coins but any other coin has not been able to win the faith that bitcoin could so far. Everyone knows bitcoin but not other coins.
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July 24, 2018, 08:40:09 AM
 #635

What do you mean by another currency? Because i really think that sooner or later Ethereum will over run Bitcoin in terms of prices. I mean the projects alone for Ethereum is ridiculous and they're placing more and more projects and protocols each year. I think in the near future, the novelty of Bitcoin will be played out and people will be looking for more practical coins.

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July 24, 2018, 08:53:36 AM
 #636

I also dont think that bitcoin can be outdated it is a pioneer and still a lot of other altcoins are very dependent from its price. Ofcourse you cannot say never, there are a lot of great altcoins on the market, so i guess we will see in the future.

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July 25, 2018, 12:03:27 AM
 #637

Change is inevitable whether we like it or not. It is bound to happen. And in crypto world, it is no exception. This currency may perhaps be the worst when it comes to trading and payments. I really think that it will only be “a matter of time” until some better alternative to Bitcoin becomes available. When other cryptocurrencies become better alternatives for payments and trading, then Bitcoin will start losing its value very quickly.




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July 25, 2018, 02:27:40 AM
 #638

I do not think it's outdated. Because it is very well received community enthusiasm and power is quite high.
Some countries still do not know them, but in the future they will also know BTC
It will certainly be well received and of great value to the community....

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July 25, 2018, 09:42:53 AM
 #639

At present, BTC is not an old-fashioned, BTC is the king of the crypto market, we can see the recent increase in BTC value while the price of other altcoin continuously decreased.

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July 25, 2018, 10:28:29 AM
 #640

Bitcoin is going 9yrs old, so far no alts surpasses Bitcoin. For 9yrs it remains the king. While Bitcoin is going down, no alts remains strong. All alts are crashing too. This is the best indication that Bitcoin has no replacement.
in a way yes. but we cant predict the future.cryptocurrencies are improving and changing everyday.for now BTC is king but we will see, what the future will bring
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