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Author Topic: Will the bitcoin be outdated by another currency?  (Read 5691 times)
lovelyababio
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September 01, 2018, 02:49:46 PM
 #881

Hey man, bitcoin got the superior power, even if that would happen i don't think it's within a decade.
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basyang
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September 01, 2018, 03:25:42 PM
 #882

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.

Yes. I am totally agree with you. Bitcoin can not be outdated, do you think it will continue for 9years if it will replace by other currency. As time goes by, bitcoin grow and usable in may transactions. I assure that it could last so many years and it will grow bigger and bigger. Even if there has many cryptocurrency creating everyday, but as of now , there is no cryptocurrency exist or can beat Bitcoin.

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KGBx
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September 01, 2018, 04:07:21 PM
 #883

I'd say that there always will be such possibility and there's nothing surprising in that because crypto is a constantly developing thing. 

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SkvorNyc777
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September 01, 2018, 10:35:24 PM
 #884

Oh, maybe only ETH can be this coin... But I don't actually think it can really happen, BTC is in a lot better position now.

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ecnalubma
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September 01, 2018, 11:22:02 PM
 #885

Bitcoin and crypto is the better version of money, its fast and fees are very cheap compare to traditional way of sending payments. Bitcoin is original and unique in nature so as the time forward it will be still used by many and becoming a culture, the only outdated this time is the traditional monetary system that is used for decades.
Rooster101
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September 04, 2018, 06:48:34 AM
 #886

The bitcoin might be outdated by many newly issued coins that has a better technology and innovation but they will be having a difficult time in overtaking it when it comes to price and market capitalization and this is reason why bitcoin is still on top in the crypto market. These new coins with better features are also like the rest of the coins, always follows whatever the price movement of the bitcoin.
sunflower_11438
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September 04, 2018, 07:53:18 AM
 #887

currently bitcoin is number 1 in the world of cryptocurrency
bitcoin is a safer store of value compared to pre-existing storage
however we humans will always innovate to find solutions to every problem
so maybe in time there will be better innovation in transactions

for now saving some of the results of our hard work in the bitcoin network is wise, because the potential of bitcoin is still very bright
so buy bitcoin in your proportion
Marcsymon
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September 05, 2018, 11:55:13 AM
 #888

The bitcoin might be outdated by many newly issued coins that has a better technology and innovation but they will be having a difficult time in overtaking it when it comes to price and market capitalization and this is reason why bitcoin is still on top in the crypto market. These new coins with better features are also like the rest of the coins, always follows whatever the price movement of the bitcoin.


Agree with it. If there are any other coins that possible to surpass bitcoin I think it's hard for them, because bitcoin is now on the full grown supported by millions of investors who are already trusted it for so many years passed. What will be really happened to the other coins should be dependent to bitcoin itself.
vachellie
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September 05, 2018, 12:47:49 PM
 #889

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.

This is right, bitcoin irreplaceable, bitcoin still be currency and other cryptocurrency will be currency too, the different is only their prices, it's like dollar and other fiat currency.
icecream sandwich
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September 05, 2018, 01:02:11 PM
 #890

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.
For me, i think bitcoin will not become outdated because it is the pioneer of all coins and the most trusted coin in cryptocurrency scene. Even if it has UPs and Downs i would still invest in Bitcoin.
Chrystora123
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September 05, 2018, 07:34:27 PM
 #891

Bitcoin is like a dollar, becoming a benchmark by other cryptocurrencies, it would be impossible for other cryptocurrencies to beat Bitcoin...indeed no one can ensure that Bitcoin will continue to dominate the cryptocurrency market because of the 5000 types of Altcoin in circulation today, everything says more faster, more efficient and low fees than Bitcoin  Cheesy

Cripinggedang
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September 05, 2018, 08:06:16 PM
 #892

I think it's impossible because bitcoin is the king of the crypto currency.
Btcallans
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September 05, 2018, 08:51:13 PM
 #893

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.

Yes I agree with you, it is nearly impossible for some altcoins to surpass that achievement of bitcoin here in cryptocurrency. It will only have 1% of a chances for some altcoins to surpass bitcoin.
hilawnasaging
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September 05, 2018, 08:54:39 PM
 #894

No. Because bitcoin is mostly used by market, legal or illegal. Some stores in the world uses bitcoin as their money. That is why bitcoin cannot be surpassed by other altcoins just because they have a higher value than bitcoin. Bitcoin is still the pillar of cryptocurrency, without it, the cryptocurrency world would not exist.
qwerty12
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September 05, 2018, 08:56:13 PM
 #895

Well, I think Bitcoin will not be outdated by another currency because The digital economy is the future economy that will be based on big data, artificial intelligence, cloud, IOT, and digital money. Bitcoin is money or commodity is also part of an important future. The continuity of Bitcoin will apply the basic laws of demand and supply economics.
GymClassHeroes
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September 05, 2018, 08:59:32 PM
 #896

As a currency, bitcoin may be old-fashioned and can be replaced by other coins which are faster, cheaper and much easier to use, but as a store of value -asset class, bitcoin will always be number one crypto-currency. That is why there is so much interest in it than in all other cryptos which are even more efficient than btc
Zabzab9
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September 05, 2018, 10:39:37 PM
 #897

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 really assure the safety and protection of one’s asset and financial capabilities. However, in order to improve its capacity to help the society, developmental procedures should done. I think competition is a great process of innovation regarding Bitcoin. If there is another currency performing in the society, Bitcoin innovators will find a way for development.
BitcoinMarshal
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September 05, 2018, 11:02:57 PM
 #898

We can use bitcoins in our cellphone and other gadgets for the fast ways of transaction that is the positive way if we use bitcoins unlike the cash transaction like banks and other sending station is so slow and we need to wait for few minutes to send and receive but through this digital currency is so easy to use easy to earn money and easy to invest more capital for more profit we have too many benefits just because of this I am not sure its going to replace by any other currency.
Coongcoongler
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September 06, 2018, 01:55:54 AM
 #899

It is impossible for a coin to beat bitcoin in a short time. It has been king in the past few years. 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.
Hesoyam20
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September 06, 2018, 02:49:02 AM
 #900

It all depends on what the developers do from here , They could upgrade everything so transactions are faster and cheaper or find that Bitcoin is best served as a store of value. The possibilities are endless.
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