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Author Topic: Will the bitcoin be outdated by another currency?  (Read 5719 times)
iv4n
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May 08, 2018, 10:38:41 AM
 #261

Nobody can give answer on this question, we can have our opinions, predictions, we can try to consult future tellers, but nobody can guarantee nothing. Technology in past decades is progressing with high speed, new things coming out every day, look how many people talk about artificial intelligence, about quantum computers, when that arrives current technologies will stay in shadow, but when will that happen, in 10 years or 50 years it will be seen.
Until that point we have other things to be concentrated on, one of the first is replacing traditional economy system with blockchain, when will that happen? Again we can think what ever we wish, but we can't know exact date for that. Things are going in good direction and that is positive for all crypto enthusiasts. Let's enjoy in the moment and try to take the best from it, that is investing in crypto and supporting it.

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ganlianshifu1
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May 08, 2018, 11:41:45 AM
 #262

BTC is difficult to be replaced by other crypto currencies!

Although there is a possibility of being replaced, BTC has been renewing itself and developing itself!

The advantages of other cryptocurrencies are BTC, while BTC has the advantages of other cryptographic currencies!

And BTC is the first cryptocurrency to invest in many investors!
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May 08, 2018, 12:09:22 PM
 #263

My answer is no.
Bitcoin is an electronic (invisible) coin that can be passed from one person to another online.
The advantage of bitcoin is that it operates outside the control of conventional and government financial systems. In addition to the benefits and benefits of bitcoin to investors and to our lives, I can assert that there will be no electronic money replacing bitcoin in the current time. and the future.
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May 08, 2018, 12:32:12 PM
 #264

When you buy Bitcoin whether the price will increase or drop the good point to consider is that you can always use it to buy things that already been accepting BTC as payment, unlike other currency or token or coin, you only used them for trading and exchange but you can buy it on the real world, so Bitcoin is still my best choice.
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May 08, 2018, 12:36:46 PM
 #265

BTC is difficult to be replaced by other crypto currencies!

Although there is a possibility of being replaced, BTC has been renewing itself and developing itself!

The advantages of other cryptocurrencies are BTC, while BTC has the advantages of other cryptographic currencies!

And BTC is the first cryptocurrency to invest in many investors!
It’s actually possible that this may happen but for now I think that Bitcoin is going to be King for a very long time and since the other crypto haven’t done anything that different from what bitcoin already have it’s going to be tough for any crypto to usurp the position of Bitcoins.

 
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May 08, 2018, 12:44:18 PM
 #266

I do not think so because bitcoin is simple and lots of people have been using and trusting.
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May 08, 2018, 12:47:12 PM
 #267

I never thought bitcoin would expire. Bitcoin has survived nearly 9 years And has a very high value. And until now there is no altcoin whose value is almost equivalent to bitcoin. The most likely substitute for bitcoin is ethereum. But I'm optimistic bitcoin will not be replaced and expired.

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May 08, 2018, 12:47:50 PM
 #268

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.

Every cryptocurrency in the market has the chance to replace bitcoins in the future depending on the platform because some of the developers are really trying for the price of their coins to grow even more.
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May 08, 2018, 01:06:03 PM
 #269

I think it might happen in the future, if some cryptocurrency shows up which people finds better than bitcoin. But for now, I guess bitcoin is still the top cryptocurrency, people around the globe are aware of bitcoin nowadays, but they dont know any other cryptocurrency besides bitcoin, only those who are in the cryptocommunity are aware of these other cryptocurrencies. So in my opinion, bitcoin wouldnt be outdated by anyother cryptocurrency yet.

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May 08, 2018, 01:16:21 PM
 #270

You're right that bitcoin can be valuable because bitcoin is a currency with a belief principle. many issues are circulating about the negative about bitcoin and people still trust bitcoin, and bitcoin prices are getting more expensive. but I can not be sure that bitcoin will survive or be replaced by other crypto bits, because that's very difficult to predict
People have to rely on Bitcoin because technology has so far supported Bitcoin, so Bitcoin prices will be valuable as technology integrates with Bitcoin. I believe that Bitcoin will do many more innovations.

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Raone
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May 08, 2018, 02:07:59 PM
 #271

I don't think that bitcoin would be outdated by any other currency in near future, but a few currencies have got very good prospect in future such as Ethereum, Monero, and Neo.
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May 08, 2018, 03:08:10 PM
 #272

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.
Exactly. Bitcoin is not outdated. It will remain as a king of all in crypto world. In fact it is the most secure cryptocurrency and we can consider it as a digital gold. Bitcoin is irreplaceable by any other currency.
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May 08, 2018, 03:15:44 PM
 #273

Its almost a decade since bitcoin become what it is for now and no other currency can take over bitcoin's value and popularity easily. Maybe they can surpass the capability of bitcoin but not its legacy.
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May 08, 2018, 03:29:40 PM
 #274

Well, we cannot really say or even speculate about this kind of things because making a huge speculation about how Cryptocurrencies will go can change anytime. Bitcoin being outdated is really hard to speculate because even though we can see that its market crashes, but now it is rising and regaining its former glory.
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May 08, 2018, 04:06:57 PM
 #275

All what I can say is that, for now Bitcoin is not outdated by any other 'cryptocurrency'. But in years to come, if no other crypto stands up to beat bitcoin in the game then it can still stand. Modern technology is always increasing; if another coin emerges to give what bitcoin didn't give, don't be surprised that this our favorite coin will be outdated. Or else if it is constantly update to match new modern technology.

All crypto currency status are temporary, something can happened anytime in market trading. Base on the fundamentals of Bitcoin compared to any other ALT coin still being outdated by any other crypto currency in the market today remain to be seen.? Bitcoin was beaten up so badly yet it remain standing as of today. After the market glitz in the past few week, it recover to a better standing in the market today. The prices goes up and down yet it  stabilized wit the good fundamentals, increase volume of shares, investor are happy with their gain on the said project. With the global acceptance on crypto currency on market trading as posted,Bitcoin can not be out done yet by any other currency.. i am optimistic that Bitcoin will remain standing until the end of this year.

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May 09, 2018, 11:58:47 AM
 #276

With every day that is going by, it's grabbing people from real life and the internet, making them more interested. Everyone wants to improve their life standards
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May 09, 2018, 08:25:52 PM
 #277

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.

Bitcoin will stay and will always be on top. The idea of bitcoin is very simple, profit. Bitcoin has been a great help in terms of investment and as an asset. Many people have been embracing bitcoin because of its ability of easier transaction, bigger profit and privacy thing.

Yes, Bitcoin will remain the cryptocurrency #1 for a long time, maybe even forever. It will be almost impossible for another currency to beat it. Some guys say that ETH can do it but... who know?
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May 09, 2018, 09:42:09 PM
 #278

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.
I agree on you, I did not see any currency that can compare or above bitcoin because as the years pass by it is well known all over the world. The success of bitcoin is incomparable with other currency because it doesn't fade in any moment although their are sometimes a low of price but yet it does'nt goes to outdated. It is very in demand as it continous to progress.

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May 09, 2018, 09:52:35 PM
 #279

I think it might happen in the future, if some cryptocurrency shows up which people finds better than bitcoin. But for now, I guess bitcoin is still the top cryptocurrency, people around the globe are aware of bitcoin nowadays, but they dont know any other cryptocurrency besides bitcoin, only those who are in the cryptocommunity are aware of these other cryptocurrencies. So in my opinion, bitcoin wouldnt be outdated by anyother cryptocurrency yet.

There is no bad in having altcoins, but mostly of them depend on bitcoin's price, I guess. Once the price of the bitcoin goes down, most of it also goes down. It's only my opinion, and I also think that aside of etherium, there is no other altcoins by now that is morr popular than bitcoin. I did not say that eth is not good, but having bitcoin this long just means it is more used by crypto users. In the future, I am thinking that bitcoin is still in the market leading the crypto currencies.

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Nick Abimanyu
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May 09, 2018, 10:20:23 PM
 #280

BTC, a currency or it could be said money, it all depends on the user in what way they will use bitcoin.
BTC and Social Networking are obviously much different, BTC as I said above while Social networking can be used to make money or spend money.
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