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Author Topic: Will the bitcoin be outdated by another currency?  (Read 3500 times)
maminelly
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July 25, 2018, 10:32:28 AM
 #641

social networks and i don't think this is the case but the important thing now is that people should not consider Bitcoin as a property we can see this attitude through governments implementing taxes on storing cryptocurrencies and through people buying and selling BTC like crazy. All of this lead big leaps in prices and high volatility. If people want Bitcoin to be a currency they should stop treating it like something else....
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July 25, 2018, 10:34:44 AM
 #642

I actually agree on what you have said. I think there's no altcoin that would make Bitcoin outdated or so. As you may know, Bitcoin is still the king of all cryptocurrencies as it is the only gateway for us to convert it straight to fiat currency. I know that others are stepping up, but Bitcoin's dominance is way too far for the others to catch up. Just my two sats.
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July 25, 2018, 10:50:49 AM
 #643

Yes, it is possible and ETH may be that coin replacing bitcoins. But this is going to take a lot of time , may be 30-40 years.
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July 25, 2018, 12:45:57 PM
 #644

I think as far as all the world is considering bitcoin the only cryptocurrency and accepting only it, we will not face a competitors or Conquerors of Bitcoin near future at least.
For me it is impossible that bitcoin will be outdated by another currency because bitcoin will always be the strongest crypto in this world and there is no doubt that bitcoin can also be used in the future so we should just hold our bitcoin.

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July 25, 2018, 02:15:48 PM
 #645

This looks very impossible. I don't see any currency that will be strong enough to displace Bitcoin. Bitcoin has attained so much height. It is very difficult for it to be pulled down and outdated.
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July 26, 2018, 05:33:38 AM
 #646

This looks very impossible. I don't see any currency that will be strong enough to displace Bitcoin. Bitcoin has attained so much height. It is very difficult for it to be pulled down and outdated.

Everyone seems to believe bitcoin will be outdated someday by something but I highly doubt that. Bitcoin has the first mover advantage and it is way beyond the point of possibility. It may be passed daily sometimes but it will always be the biggest one. Do I think eth may pass bitcoin ? No way.
Do I think there will be a coin that will rival bitcoin closer than what ETH is doing right now ? Yes. But in any case bitcoin will be the top dog and everything else will just follow.

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July 26, 2018, 05:48:02 AM
 #647

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.

There is a huge chance that another cryptocurrency can actually rise against bitcoins depending on how the developers are going to make their own marketing strategy in order for their platform to be successful.

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July 26, 2018, 05:56:37 AM
 #648

The chances of taking Bitcoin place is difficult but we don't know how technology will show interest towards the other coins. Everything is based on the developments they do and how far it can be helpful to the companies in order to increase their economic growth.

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July 26, 2018, 06:37:52 AM
 #649

At the present time bitcoin is still coin with much interest as well as the interest of investors, bitcoin will not be outdated like our currency is not outdated at the present time.
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July 26, 2018, 07:46:39 AM
 #650

In nine years of existence, bitcoin never experienced being overtaken by another coin and many of the altcoins are still trying to achieve what the bitcoin gained for the past several years. Bitcoin maybe outdated by the newer coins but never outgained when it comes to price and market capitalization. Jn the next several years, bitcoin will still lead the whole crypto market to a greater height.

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July 26, 2018, 08:02:35 AM
 #651

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 also think as like you, I hope Bitcoin will be the most unique and powerful coin the future. But it's really a surprising issue that many of us have still a misconception about the Bitcoin. a lot of people thinks that Bitcoin is nothing but a temporary platform. They don't have any proper idea that Bitcoin should not be comparable to other coin or Bitcoin will not be outdated by other currency because Bitcoin is the fundamental currency of the blockchain system.

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July 26, 2018, 08:06:25 AM
 #652

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.

There are saying that the ball is round,we dont know happen in the future,if theres a new altcoins would surpass bitcoin in terms of price value and popularazation,otherwise as of now bitcoin is still the one who leads in the coin market caps,even though the market is still in bleeding situation,therefore this happen now is a pulse alarm thats there's another altcoins will lead soon in the market,if this bitcoin price continue struggle a dump in its value.

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July 26, 2018, 08:13:53 AM
 #653

The very idea of ​​bitcoin is simple and understandable, this explains the great popularity and interest among people, but bitcoin has nothing to do with social networks!
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July 26, 2018, 03:23:11 PM
 #654

One cannot Categorically say yes or no. What I see is that, it will take a whole lot of hard work,resource and time for bitcoin to be replaced. It might be outdated in a far future.
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July 26, 2018, 03:41:00 PM
 #655

Everything will outdated, I always believe that change is always happening and often unexpected, what happens with bitcoin is certainly a surprise because it was unthinkable 10 years ago even 3 years ago, and I'm sure that someday there's something better than bitcoin.


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July 26, 2018, 03:45:19 PM
 #656

Bitcoin is just beginning to please people, why some people think that it is obsolete.
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July 26, 2018, 03:55:16 PM
 #657

It won't happen. the First coin that will come into your mind when you hear the word "crypto" is none other than Bitcoin. We can say that it's the father of the Crypto World. so NO Coin can outdated or can defeat Bitcoin in any way. this is my opinion.

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July 26, 2018, 03:58:20 PM
 #658

Ethereum is an increase in the generation of Bitcoin. because Bitcoin is outdated by other cryptocurrencies. However, as we all know, the best is not always the most successful, and Bitcoin is clearly the most successful. However, modern cryptos like ADA and EOS may be able to overthrow Bitcoin if they manage to gain significant attraction and partnership, this is because they have more potential beyond just as a payment system. Bitcoin is too popular to be overthrown by altcoin, but I believe the natural law that in this world nothing is immortal.
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July 29, 2018, 09:06:17 AM
 #659

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 have the same point like you. Personally, BTC would play an important currency in the next short-time because it meets the basis need of transaction. Some people misunderstand about Bitcoin. they think its like a bubble that will be collapsed one day.
I hope BTC would be a popular currency. we could use its advantage technology in transaction.
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July 29, 2018, 09:10:35 AM
 #660

I really think it will happens soon or later.
BTC is still the stronger crypto, but when something else will shows his power and nice day to day use, it could surpass the BTC price. It will happens, but we need to wait some years I guess.
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