Gila uang
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Activity: 168
Merit: 0
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July 29, 2018, 02:46:01 PM |
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Bitcoin is first cryoto currency proved to be decentralsied and processoed trillion dollars in transactions with out a central bank so no crypto currency is compareable with bitcoin and bo crypto currency
I think If people want Bitcoin to be a currency they should stop treating it like something else. And one should not consider Bitcoin as a property. We can see this attitude through the government applying taxes to store cryptocurrency and through people who buy and sell BTC like crazy. All this led to a huge jump in price and high volatility. All possibilities are bound to exist |
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"In a nutshell, the network works like a distributed
timestamp server, stamping the first transaction to spend a coin. It
takes advantage of the nature of information being easy to spread but
hard to stifle." -- Satoshi
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bilyboy
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July 29, 2018, 03:04:10 PM |
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indeed there are many alternative coins that have the potential to grow and develop, but to take the position of bitcoin is not possible alternative coins will always be under bitcoin, bitcoin as a benchmark price of each alternative coin they follow the bitcoin price movement to determine their price
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AbuSarap1
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July 29, 2018, 03:05:15 PM |
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I don't discover any likenesses amongst BTC and informal organizations and I don't think this is the situation. In any case, the vital thing currently is that individuals ought not think about Bitcoin as a property. We can see this state of mind through governments executing charges on putting away cryptographic forms of money and through individuals purchasing and offering BTC like there's no tomorrow. The majority of this lead huge jumps in costs and high instability. On the off chance that individuals need Bitcoin to be a cash they should quit treating it like something unique.
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Pepito Manaloto
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Activity: 377
Merit: 100
MenaPay - Crypto made easier than cash
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July 29, 2018, 04:04:01 PM |
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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 possibility that bitcoin will be outdated by another cryptocurrency someday but that is so far from happening right now considering the power and dominance of bitcoin over the other existing cryptocurrency right now. If you were to compare the price of bitcoin to others, you will see a big difference and simply by that, you can see that it would take a lot of time to take over bitcoin. |
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Feuerbach
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July 29, 2018, 04:35:05 PM |
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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 altcoins, which are more practical than bitcoins, if you use them as currencies. But bitcoin will still be the most popular. Besides, not all people use crypto currency as a currency) |
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LuciferEveningStar
Member
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Activity: 322
Merit: 10
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July 29, 2018, 04:36:15 PM |
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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.
Maybe it wont happen if people will still continue to invest on bitcoins which will make higher demands more than any other cryptocurrency that will be released in the market. |
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KrisAlex18
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July 29, 2018, 05:39:32 PM |
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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 a lot of cryptocurrency existing right now and maybe one of them will surpass bitcoin in the future. Right now, it sounds impossible to replace bitcoin knowing that its price is very far compared to the other crypto existing. We should just focus on supporting bitcoin right now and hope for the best of it in the future. |
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Jannatul Shefa
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Activity: 312
Merit: 11
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July 29, 2018, 06:20:41 PM |
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I think it's totally impossible right now. Bitcoin's price is hundred times better than any other currency. Also investors first priority is bitcoin. And bitcoin is the first world's cryptocurrency. So if I think all this facts I think bitcoin can't be outdated by any other currency.
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Joe103
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July 29, 2018, 08:03:57 PM |
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Any other currency thinking of outdating Bitcoin should just give it up. It will never be possible. The stability of Bitcoin has continued to grow by the day.
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Amanda Green
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July 29, 2018, 08:05:49 PM |
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Such a situation could happen. therefore, the smartest way to invest in digital assets is to build a well-diversified portfolio based on your risk preference and investment goals. Such a portfolio would likely include a substantial holding in bitcoin and small exposure to promising tokens. I have found a trustworthy project. 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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amber deposit
Jr. Member
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Activity: 210
Merit: 3
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July 29, 2018, 08:23:09 PM |
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My answer to this is a simple, it is possible but I don't think it is going to happen anytime soon. With the current status of Bitcoin as the King of all coins amidst all the issues, its rapidly growing community even with all the fuds and false news, and all the bad things they can throw to it, it is still the best and the most profitable coin there is out there, no doubt that Bitcoin is here to stay and it will stay on top for a long period of time.
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RKSummer
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July 29, 2018, 11:35:25 PM |
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I think the bitcoin will not be expired by other currencies because bitcoin is growing so fast and again this bitcoin already knows a lot, bitcoin can also be used as a livelihood in bitcoin by doing tranding and minning to get a lot of bitcoin and can be redeemed to currency.
No other cryptocurrency can outdated bitcoin because bitcoin is the King of all Crypto. Whenever bitcoin goes down, all coin are following. They are all depending on bitcoin's movement. Bitcoin will still remain at the top, no matter what happen in the crypto market. |
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Lorence.xD
Sr. Member
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Activity: 1624
Merit: 315
Leading Crypto Sports Betting & Casino Platform
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July 29, 2018, 11:46:39 PM |
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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.
The answer is NO. base on the market preview, we check the Bitcoin performance on the market, it remain stable until now, even with the Beating on a lot of issue like Banned, Scammer, Hacking, and the critical issue on Regulation by country whom not acceptable on the use of Bitcoin digital transaction. Bitcoin can't be outdated, out perform, out done by any other crypto coin in the market. Check the Market Capital on investment for Bitcoin. |
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Astermony
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July 30, 2018, 12:06:59 AM |
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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
Yeah I agree with you. Bitcoin can't never be change by any other crypto because it is a coin that has a widedt users around the world. |
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pungopete468
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July 30, 2018, 01:03:29 AM |
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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
Yeah I agree with you. Bitcoin can't never be change by any other crypto because it is a coin that has a widedt users around the world. As long as the internet is still in use and there I am sure bitcoin also will not stop here. because indeed bitcoin itself also has many advantages and can provide a positive value for people |
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royaljack200
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July 30, 2018, 02:30:55 AM |
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In my opinion no. At least not yet. I doubt it will be taken over by some other altcoin, but nothing is impossible. It won't happen anytime soon if this is the case. People use altcoin because of the low fees and more availability. BTC has a lot of demand which requires more supply which is why the prices are also higher than most altcoins. More demand means higher fees.
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seneido
Newbie
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Activity: 33
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July 30, 2018, 02:34:09 AM |
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For me, personally no. Too much demand on BTC vs Altcoins. BTC is way more stable than any of the other Altcoins. I'm not saying it's not worth investing in Altcoins but BTC will stay on top. The fact that it was the first makes it very significant. The trust in Atlcoins by the people is low. Too many hyped coins that run away with peoples money.
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TranTrongit
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July 30, 2018, 04:27:50 AM |
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Bitcoin is the first currency on blockchain technology. and used and searched most today. All altcoin is just bitcoin imitation. And the market almost depends on bitcoin. If bitcoin is off almost no altcoin is. Bitcoins will be difficult to replace and no altcoin will replace bitcoin
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Phantomberry
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July 30, 2018, 05:25:05 AM |
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No, Because bitcoin is where all started and the success of bitcoin is very much great and no one can ever replace on it on his success.
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PlusOne88
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Activity: 420
Merit: 10
“Tackling Climate Change Using Blockchain”
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July 30, 2018, 05:49:20 AM |
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Perhaps not as of now. Bitcoin had been strong to resist all that pulls it down. Banning, regulation, etc. causes great impact on prices and yet none of these had ever destroyed bitcoin. So I think it would be good to stay on track and don't get FUD by any who seems to have some bad impressions with bitcoin. Bitcoin still is on top and maybe it will always will because there are too many supporters of this coin and they put so much of their trust and confidence to bitcoin. It is a good technology why fear it then?
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