Bitcoin Forum
April 25, 2024, 11:50:55 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 [39] 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 »
  Print  
Author Topic: Will the bitcoin be outdated by another currency?  (Read 5691 times)
cryptoguy1234
Newbie
*
Offline Offline

Activity: 129
Merit: 0


View Profile
August 13, 2018, 06:28:19 PM
 #761

In the cryptographic money world, nothing can be anticipated and anything can occur at the speed of light. In the event that there ever is a digital currency designed and exhibited to the network which is for sure better, quicker, more secure than bitcoin and the network likes it, at that point it is conceivable that it gets supplanted by that coin. As it absolutely relies upon the network on what they pick and their aggregate reaction and activity would bring about bitcoins future positioning and its survival. Considering the benefits of some altcoins, if a coin has everything the network requests, at that point certainly there are odds of bitcoins substitution.
1714045855
Hero Member
*
Offline Offline

Posts: 1714045855

View Profile Personal Message (Offline)

Ignore
1714045855
Reply with quote  #2

1714045855
Report to moderator
1714045855
Hero Member
*
Offline Offline

Posts: 1714045855

View Profile Personal Message (Offline)

Ignore
1714045855
Reply with quote  #2

1714045855
Report to moderator
Once a transaction has 6 confirmations, it is extremely unlikely that an attacker without at least 50% of the network's computation power would be able to reverse it.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1714045855
Hero Member
*
Offline Offline

Posts: 1714045855

View Profile Personal Message (Offline)

Ignore
1714045855
Reply with quote  #2

1714045855
Report to moderator
1714045855
Hero Member
*
Offline Offline

Posts: 1714045855

View Profile Personal Message (Offline)

Ignore
1714045855
Reply with quote  #2

1714045855
Report to moderator
Coinworld98
Newbie
*
Offline Offline

Activity: 49
Merit: 0


View Profile
August 13, 2018, 07:54:58 PM
 #762

This is very much unlikely as Bitcoin has already gain a very far greater stability and adoptability by all as compared to any other cryptocurrency in the market. Even the upcoming ones will not be able to outdate Bitcoin.
Ahmed4200
Newbie
*
Offline Offline

Activity: 112
Merit: 0


View Profile
August 13, 2018, 08:32:31 PM
 #763

How is it possible? I never believe it. Because Bitcoin is the King of the Crypto world. Its control power prevails across the entire market. Bitcoin has kept its top position so far due to some of its features. It is the most experienced and powerful coins in the crypto world.
Acsirp
Newbie
*
Offline Offline

Activity: 126
Merit: 0


View Profile
August 13, 2018, 09:10:03 PM
 #764

The very good concept and well manage and promoted bitcoin has establish its name very well in the cryptoworld ,as of now I do think of any currency that will surpass bitcoin , but if the world governments decide to make a currency that will compete bitcoin then maybe it can outdated.
logan16j
Member
**
Offline Offline

Activity: 252
Merit: 10


View Profile
August 13, 2018, 09:22:22 PM
 #765

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 that can not happen, you can see that bitcoin is currently the most important coin in the crypto market, its price has dominated the market, only a small adjustment can make the price of altcoin fluctuations are very strong. So, I believe you can invest in bitcoin in a long time and always have a specific plan.
HODL_guy
Full Member
***
Offline Offline

Activity: 207
Merit: 100


“The Future of Security Tokens”


View Profile
August 13, 2018, 09:28:59 PM
 #766

I actually don't believe so. Currently the only contestant for that role is ETH and it's experiencing not the best times now...I don't believe that BCH can replace it either.

zero9119
Full Member
***
Offline Offline

Activity: 462
Merit: 100



View Profile
August 13, 2018, 11:06:15 PM
 #767

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 that can not happen, you can see that bitcoin is currently the most important coin in the crypto market, its price has dominated the market, only a small adjustment can make the price of altcoin fluctuations are very strong. So, I believe you can invest in bitcoin in a long time and always have a specific plan.
There are a lot of new coins being created in the cryptocurrency market with better features, but I think it is impossible to replace Bitcoin because it still dominates the market with its dominance and influence. very big. I believe that Bitcoin will still be the most valuable asset in this market.
cahbagus555
Member
**
Offline Offline

Activity: 756
Merit: 12


View Profile
August 14, 2018, 01:16:31 AM
 #768

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.

Bitcoin still dominating in cryptomarket and its hard for altcoin to compete with bitcoin. Most investor on market must be want to invest on bitcoin because bitcoin have big liquidity and biggest transaction volume. But anything can happen in market when there is coin with good product and have advantages than bitcoin
chidiarua
Newbie
*
Offline Offline

Activity: 102
Merit: 0


View Profile WWW
August 14, 2018, 04:52:49 AM
 #769

I don't see that happening soon. BTC still enjoys the early access advantage. Though, there problems in the blockchain which other currencies try to solve with their emergence but yet, most people trust BTC, and with that, BTC will dominate the crypto world for a long time.
illnino
Full Member
***
Offline Offline

Activity: 756
Merit: 100


View Profile
August 14, 2018, 07:51:33 AM
 #770

Bitcoin may not be able to keep pace with other currencies, but bitcoin is the first currency to contribute to today's cryptocurrency growth. It is possible that the bitcoin value is always changing but it is difficult to have another coin for Bitcoin.

I do not think that Bitcoin will give its leadership to any other cryptocurrency in the nearest 3 years (at least). It will be the most in-demand crypto and the market King.
Opnsrc
Hero Member
*****
Offline Offline

Activity: 1064
Merit: 500



View Profile
August 16, 2018, 10:16:20 AM
 #771

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.

Most of the people that are involved in the activities with the cryptocurrency know that Bitcoin is the leader. It will not give up and it will not let another crypto take its place. BTC will be #1 always.
NowLovebed
Newbie
*
Offline Offline

Activity: 55
Merit: 0


View Profile
August 17, 2018, 01:56:35 AM
 #772

I noticed even they are new currency they particularly engage to get down once the price of bitcoin goes down and when it goes up it also follow that's why it is hard to people to trusted other new currency to invest their money.
Sofia234Edwards
Newbie
*
Offline Offline

Activity: 29
Merit: 0


View Profile
August 17, 2018, 09:24:24 AM
 #773

I haven't seen a change of Bitcoin's position on the cryptocurrency market. And while Bitcoin prices are down, the value is still very high.
Wall_Streeet
Jr. Member
*
Offline Offline

Activity: 252
Merit: 1


View Profile
August 17, 2018, 01:51:11 PM
 #774

I believe that bitcoin is the basis of cryptocurrency, so it will always be valuable as the first valuable cryptocurrency
nguyenthanhvien
Newbie
*
Offline Offline

Activity: 148
Merit: 0


View Profile WWW
August 17, 2018, 01:57:54 PM
 #775

As I see it can be replaced because BTC transaction takes a long time, the transaction fee is very large. Technology from many years ago. But I think this will take a long time because BTC is one of the pioneers in the crypto market.
Rianbook
Newbie
*
Offline Offline

Activity: 64
Merit: 0


View Profile
August 17, 2018, 02:37:42 PM
 #776

I think it would be very unlikely that bitcoin would expire by anothercurrency because bitcoin was the first cryptocurrency and became the strongest with the highest population. Bitcoin has a greater potential to grow and can become a future currency.
scoin9
Newbie
*
Offline Offline

Activity: 75
Merit: 0


View Profile WWW
August 17, 2018, 02:54:13 PM
 #777

The cryptocurrency ecosystem is continually evolving and many new coins have been introduced in recent times, but Bitcoin remains the most traded and number 1 cryptocurrency by market cap, meaning it would take a lot of time and innovation for it to be replaced by another crypocurrency. But one thing which is constant is change but we have to wait and see.
mcculum0010
Member
**
Offline Offline

Activity: 109
Merit: 10


View Profile
August 17, 2018, 05:45:14 PM
 #778

I can 100% totally agree with you. Bitcoin is something that cannot just be outdated with regular cryptocurrency which would be developed after it. As far as we can see there is no competitor to bitcoin on current stage.

✦ ────────  SPOKKZ  ──────── ✦
A COMMUNITY-POWERED FILM & TV BLOCKCHAIN ECOSYSTEM
✦ ────────  Twitter ⬝  Telegram ⬝   Facebook ⬝  Linkedin ⬝  Medium   ──────── ✦ Join Pre-Sale
alexsandria
Sr. Member
****
Offline Offline

Activity: 896
Merit: 268


★777Coin.com★ Fun BTC Casino!


View Profile
August 17, 2018, 10:59:42 PM
 #779

I think there some possible that bitcoin will outdated by other currency. There nonpossible a market but i think it took a long time to get passed
I am confident that this year no one crypto can outdate bitcoin because now bitcoin is still the king of crypto and i believe the the other currency will take many more years before they can beat or oudate bitcoin as the number one among the rest.

phpartisanmaster
Member
**
Offline Offline

Activity: 350
Merit: 10


View Profile
August 18, 2018, 01:49:00 AM
 #780

I can 100% totally agree with you. Bitcoin is something that cannot just be outdated with regular cryptocurrency which would be developed after it. As far as we can see there is no competitor to bitcoin on current stage.

Bitcoins will never be outdated but it was possible if there will be a new coin in the future that is going to replace bitcoins since the competition in the market today is very tight.
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 [39] 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 »
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!