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Author Topic: Will the bitcoin be outdated by another currency?  (Read 3494 times)
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August 10, 2018, 10:08:21 AM
 #741

I was surprised because when I opened CoinMarketCap there were more than 1800 coins and tokens registered, the number will continue to increase because every day there are always coins and new tokens added, this is a threat to bitcoin because it will make bitcoin will be outdated.

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August 10, 2018, 10:33:35 AM
 #742

Maybe in the future, a coin maybe that is an abundance base instead of a market base because we we talk about Market base no one will surpass Bitcoin in the market, because it has a highest value for 9 years now.
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August 10, 2018, 04:37:09 PM
 #743

It is possible but cannot say when as seeing the current scene it is not possible as the team behind bitcoin is very strong. More over any currency which is supported by its only developers cannot survive

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August 11, 2018, 06:36:06 AM
 #744

maybe for me bitcoin will not expire with other currencies because bitcoin stays with its cryptocurrency.
In my opinion, a currency lasts longer and does not fade away as long as the demand for the currency is high. With the passage of time, other coins having good projects on their back will also surface but they might not be able to outshine Bitcoin because it has already captured a big portion of the market around the world and even ETH, which is thought to have advanced technology than Bitcoin, has not yet reached that level, I do not think any other currency will in future. With the passage of time, we would be having technological advancement in Bitcoin as well.

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August 12, 2018, 06:12:12 AM
 #745

all possibilities can occur, but all that is still in a very long process, I hope bitcoin will always be there and not be replaced by other currencies

There is a possibility that one of the coin in the future can actually surpass the price of bitcoins and i believe that ethereum has a good potential in the market because there are a lot of people who are interested on investing in it.

Normally the sensitive period of a new technology to survive is its starting days and Bitcoin faced a great deal of criticism and hurdles but somehow was able to  escape the trap due to its great technology and so many befits and perks.
Right now, majority of the portion of the market is captured by Bitcoin and this coin is still improving and growing so as long as there is growth and technological advancement, Bitcoin will not be outdated and outshined. ETH is considered to have much better technology but even still we have the highest demand for Bitcoin and highest inflow of money into Bitcoin for it is an asset having high liquidity and high profitability and has a high demand.

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August 12, 2018, 07:54:31 AM
 #746

I've already read many opinions about bitcoin being outdated if you compare to the innovative features of the newly created cryptocurrencies. A year ago, some bitcoin critics also predict that the top coin will soon replace by another coin with better technology because it is already outdated. But many coins are still struggling to capture the large share of the crypto market where bitcoin still holding the majority shares of the market.

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August 12, 2018, 09:27:15 AM
 #747

Bitcoin is strong and resilient that for nine long years, even in the midst of all the atl coins pooping out every single day, it remains the number one, the king of crypto currency. What I can say is that, if posibility is the one that we are going to talk about, then yes, I can say that there is a possibility of an alt coin taking over Bitcoin, but what I can say to this is not anytime soon, at least not yet. If there is one that can possible do it, it will be Ethereum, I can see the great potential of this coin, in time it be be as great as Bitcoin.

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August 12, 2018, 02:37:14 PM
 #748

it looks like it won't be able to be bitcoin will still be number one and bitcoin will never be defeated by other cryptocurrency, bitcoin is the best of all cryptocurrency.
I agree with you bitcoin is the best cryptocurrency, so it is really difficult for the rest of cryptos to be outdated bitcoin as the number among the rest, and bitcoin can always remain sa the best because until now it is getting known all over the world.

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August 12, 2018, 03:47:18 PM
 #749

it looks like it won't be able to be bitcoin will still be number one and bitcoin will never be defeated by other cryptocurrency, bitcoin is the best of all cryptocurrency.
I agree with you bitcoin is the best cryptocurrency, so it is really difficult for the rest of cryptos to be outdated bitcoin as the number among the rest, and bitcoin can always remain sa the best because until now it is getting known all over the world.
Yeah, bitcoin will keep on maintaining the topmost position in the crypto market making quite hard for rest of the cryptos to replace its existence. The currency's current popularity is on a hike and that can be experienced on a massive global scale, so the crypto is leaving behind no tough competitor that would make it obsolete...

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August 12, 2018, 03:57:49 PM
 #750

it looks like it won't be able to be bitcoin will still be number one and bitcoin will never be defeated by other cryptocurrency, bitcoin is the best of all cryptocurrency.
I agree with you bitcoin is the best cryptocurrency, so it is really difficult for the rest of cryptos to be outdated bitcoin as the number among the rest, and bitcoin can always remain sa the best because until now it is getting known all over the world.
we know all altcoins depend on bitcoin. so i don't think they can ever replace BTC. when btc prices go down, they also go down, and vice versa if bitcoin rises then they turn green too

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August 12, 2018, 04:44:15 PM
 #751

it looks like it won't be able to be bitcoin will still be number one and bitcoin will never be defeated by other cryptocurrency, bitcoin is the best of all cryptocurrency.
I agree with you bitcoin is the best cryptocurrency, so it is really difficult for the rest of cryptos to be outdated bitcoin as the number among the rest, and bitcoin can always remain sa the best because until now it is getting known all over the world.
we know all altcoins depend on bitcoin. so i don't think they can ever replace BTC. when btc prices go down, they also go down, and vice versa if bitcoin rises then they turn green too

enough so many altcoins depend on the progress of bitcoin. and bitcoin is likely not to be replaced by any crypto. even though crypto is doing their best. still the btc will be the first number.

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August 12, 2018, 05:01:05 PM
 #752

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 it would be very hard for any other coin to surpass the achievements of bitcoin. Bitcoin has been through a lot and I believe that it would remain on top no matter what time might bring us. I would always prefer to invest with bitcoin because it has proven us a lot that I don't even need to doubt about it.

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August 12, 2018, 05:26:57 PM
 #753

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 there's a possibility that a coin will arise someday and will take over bitcoin's spot on the top but I don't think that is so close from happening right now considering the price difference of bitcoin among other coins existing right now, it's so far. Even though there's a possibility, we should never stop supporting bitcoin on everything up until the future.

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August 12, 2018, 06:02:02 PM
 #754

Actually it is possible because if there is an token or any cryptocurrency that will solve the biggest problem in cryptocurrency which is the fee's they will have a good future for sure including they have a chance to replace bitcoin from the  number 1 in the cryptocurrency. Bitcoin is very simple and in the future for sure transactions will be more complex and we should get ready about it.



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August 12, 2018, 06:14:27 PM
 #755

You really can't tell anything for certain to the market or in this case, the future of bitcoin. But know so, bitcoin has been made its stand for a really long time in cryptocurrency so one thing for sure is that it can not be forgotten or be replaced.
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August 13, 2018, 06:45:20 AM
 #756

You really can't tell anything for certain to the market or in this case, the future of bitcoin. But know so, bitcoin has been made its stand for a really long time in cryptocurrency so one thing for sure is that it can not be forgotten or be replaced.
I don't know, I think bitcoin will always be the foundation, or the foundation of another coin. well, that can be proven by looking at the current price of bitcoin. in fact, currently the price of bitcoin affects the performance of other coins, so other coins are also affected by the price of bitcoin. So, I think bitcoin will never be outdated.



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renc77
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August 13, 2018, 07:36:20 AM
 #757

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.

Indeed, since despite the fact that the recognized bitcoin instability rate has an incredible hazard, bitcoin is as yet a promising speculation goal that is 'hot' and speaking to financial specialists.

It is expected that there will be an expansive redirection of assets from monetary organizations, for example, banks or securities firms and capital markets to interests in virtual cash. The suggestions are clear, the stagnation and even the decrease of the nation's monetary development.
tinystone26
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August 13, 2018, 07:57:07 AM
 #758

Another currency won't outdated bitcoin even they are so many currency that will born in this year because the main currency that will make them grow still bitcoin and I think it will be more bigger than before just like what he did last year. As I noticed in other new currency that are launching they are always based their value on the bitcoins value even they have their own price of their currency.

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Rhegar011
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August 13, 2018, 07:57:54 AM
 #759

very less probability for next 5 years. bitcoin is like USD to fiat
leesoorany08
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August 13, 2018, 08:30:55 AM
 #760

For me theres no impossible since we have so much time to wait,and so long way to go..yes bitcoin is the first coin,yes bitcoin has limited volume,yes bitcoin ithe highest valued coins as of now..but remember theres no permanent in this world.theres a situation that will come and wont be managed by this great coin and will lead for the outdated.so what we do now is wait for the right time.
The answer is good, I think so too.
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