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Author Topic: Will the bitcoin be outdated by another currency?  (Read 5691 times)
InKiTy38
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August 09, 2018, 03:38:51 AM
 #721

Time will tell if any coin is stronger and has more points and the investor's attention then it can replace the bitcoin in the market if the coin is strong and good it will win in the market.
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gunungkembar
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August 09, 2018, 07:53:54 AM
 #722

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.
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August 09, 2018, 08:00:07 AM
 #723

Right now I dont see the pretendent to be the King instead of Bitcoin, but it can be that in the near future they will develop something like that which will have a potential to overthrow the Bitcoin from its place.
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August 09, 2018, 03:57:23 PM
 #724

This is potentially high. At present it is very good, but it has been created very long. So to compare technology, the bitcoin will not be equal to the new coin altcoins are developed in the market. Cheesy Cheesy
ss890
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August 09, 2018, 05:44:01 PM
 #725

That is literally can’t happen because of the bitcoin and it’s potnetial to overcome any situation that might be troubling to it. I mean crypto currencies are wide spread now, different projects, different usage of it and much more but I don’t think that they will overcome the bitcoin because bitcoin has got something different and unique to offer to us. Bitcoin gives more freedom and sense of crypto existence and that is why people are more into it rather than other currencies.
Xenoph0bia
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August 09, 2018, 05:52:12 PM
Last edit: August 09, 2018, 09:16:59 PM by Xenoph0bia
 #726

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.
No this cannot happen even in the future.Bitcoin is the father of all the cryptocurrencies and ia the most expensive cryptocurrency.It has the highest number of users in the market which are growing day by day.No other cryptocurrency or altcoin has the potential to overtake it.Bitcoin also has the potential to give competition to the normal fiat currency.People know about the cryptocurrencies through bitcoin only.People start using cryptos through bitcoin only.
lavara
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August 09, 2018, 06:09:48 PM
 #727

This is the Crypto currency number 1 and it will be for a long time. I do not exclude the option that it will be even more popular, but bitcoin as a classic of digital coins. Technologies go forward and are being improved: there is more and more choice for traders which currency to take, as well as a means of payment for many offers. Now there are good new coins and many new ico are coming out - the prospect of growth is excellent. Competition is a healthy economy.

nisya
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August 10, 2018, 06:21:43 AM
 #728

maybe if bitcoin is not growing anymore, then bitcoin will replace by other currency and the position of the leader in the market will change too. but I don't think that bitcoin cannot grow because so far, bitcoin still makes an update in many things and bitcoin is trying to penetrate to any country so the government can accept bitcoin.
Raufjoze
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August 10, 2018, 06:45:23 AM
 #729

for me bitcoin has not been expired by other currencies because bitcoin is a cryptocurrency currency, unlike other physical currencies.

indeed bitcoin will not expire with fiat currency, because bitcoin does not have physical, but now many altcoins are trying to become dominance in crypto currencies, so in my opinion who can be a competitor of bitcoin is altcoin
TurboPower
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August 10, 2018, 06:59:24 AM
 #730

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 figure it would be hard for different cryptos to supplant or to obsolete bitcoin. Bitcoin originates from a long keep running for right around 10 years now and it is the pioneer of all cryptos, it's cost is clearly higher than some other cryptos, and a standout amongst the most favorable circumstances of bitcoin is its decentralization which is tremendously favored by speculators not at all like different cryptos out there which is concentrated. This are some of numerous focal points of bitcoin that would be difficult to achieve/go by different digital forms of money. On the off chance that different coins out there would need to outperform bitcoin, at that point they ought to resemble bitcoin with much better preferences.
Semar Mesem
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August 10, 2018, 07:02:31 AM
 #731

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

Very likely, we all know that future developments are very dynamic and unpredictable, so we must always think about the future, even though bitcoin currently looks good and perfect, but I'm sure someday there will be lots of coins that can replace bitcoin to become outdated.

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acsaocham22
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August 10, 2018, 07:23:36 AM
 #732

I think bitcoin is just another premise for the other coins, but bitcoin may be the first virtual currency to be legalized.
Yindian
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August 10, 2018, 09:43:57 AM
 #733

Coins that replace Bitcoin may appear in the future, but they are currently impossible, at least not in ten or even twenty years. Bitcoin is still the most expensive at the moment.
Pujangga
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August 10, 2018, 10:08:21 AM
 #734

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.
Dinomoves
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August 10, 2018, 10:33:35 AM
 #735

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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hubballi
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August 10, 2018, 04:37:09 PM
 #736

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

jonatuzc
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August 11, 2018, 06:36:06 AM
 #737

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.
OrangeSeller
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August 12, 2018, 06:12:12 AM
 #738

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.
Rooster101
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August 12, 2018, 07:54:31 AM
 #739

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.
Gramna
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August 12, 2018, 09:27:15 AM
 #740

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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