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Author Topic: Will the bitcoin be outdated by another currency?  (Read 5691 times)
quandong
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September 24, 2018, 05:45:26 PM
 #1001

Bitcoin is still the largest market capitalization algorithm, with the longest life and undisputed reputation. However, Bitcoin is slowly losing steam in the race for new generation currency algorithms.

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September 24, 2018, 06:33:45 PM
 #1002

I do agree with whatever the OP says!!

It is absolutely correct that the bitcoin is the revolutionary king of the crypto market and that is because of its popularity among the community and that is because of the reason how lucrative an investment it is!

Well the question of bitcoin becoming outdated is insane because it is much in trend now and is literally the virtual king of the crypto currency!!
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September 25, 2018, 03:14:50 PM
 #1003

Now, yes, Bitcoin is the leader in the market that cannot be yet replaced by any other cryptocurrency. In 5-7 years, the crypto that is better might appear and become a leader.
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September 25, 2018, 05:24:53 PM
 #1004

Now, yes, Bitcoin is the leader in the market that cannot be yet replaced by any other cryptocurrency. In 5-7 years, the crypto that is better might appear and become a leader.
maybe now is not time for altcoin to replace bitcoin.maybe altcoin have same chance in market to be main cryptocurrency as long as this coins accepted by much community and large institution.
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September 25, 2018, 05:45:22 PM
 #1005

Ethereum does have the potential to surpass bitcoin but it will take the coin years to do so. Bitcoin being the pioneer has the first miver advantage over Ethereum and hence is more widely accepted in the financial market with its market capital of $110 billion. However, Ethereum is much more than an investment asset and can also be used as a token for smart, decentralised applications. Also, it can be used as a platform for posting new ICOs. The coin has shown 1100% gain in its market capital since its origin and has a very bright future in the coming years.

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romantic007
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September 25, 2018, 06:16:58 PM
 #1006

The comparison of BTC with social networks that are being replaced one by another is strange. I think there is no such currency yet that can make BTC outdated.

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September 26, 2018, 03:00:14 AM
 #1007

At present, I don't think that any other coin would beat bitcoin, but there are a few good coins that have got a very bright future such as Neo.
I think it's not because as of now bitcoin cant surpass by other crpytocurrency, bitcoin is the most popular coin among others. The time changes we dont know in the future what will happen. But for now it's not.

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September 26, 2018, 04:08:46 AM
 #1008

If in the future, a coin can be better in every way. Value, future development, a community of coin is really high, can beat Bitcoin. But maybe in the next 10 years, it is unlikely that a coin can beat Bitcoin to rise to the top.
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September 26, 2018, 05:44:30 AM
 #1009

Nothing is impossible and nothing is indispensable. We may think Bitcoin is indestructible but come to think of it. With the high volatility of bitcoin, and high payment for transactions, it will not be long enough that another form of cryptocurrency will replace it. Bit the corner will have to fill in quite a big shoe if it wants to outrun bitcoin.

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September 26, 2018, 07:28:37 AM
 #1010

I think bitcoin is a digital currency, and bitcoin is a type of online or internet transaction, no one can beat the price of bitcoin, and bitcoin will not become extinct or expire, bitcoin will always be popular and more and more interested in bitcoin transactions in the future will come.
Well the transaction pre second is even still low that ETH and Ripple. Bitcoin allows 7 transactions per second. ETH has an ability to process 15 transaction a second and Ripple is yet ahead with 1500 transactions a second but why are they still below Bitcoin? This is the question and you should know that the success of a technology is not entirely dependent on one factor like you mentioned but so many factors. Some among them are exogenous as well. So it is not possible to outdate Bitcoin for a small currency.
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September 26, 2018, 08:27:01 AM
 #1011

We are living in a stage of technological development, so life is gradually being replaced makes us happy, more convenient. At the same time, BTC was born as a turning point in the history of development, leading to many changes in economic and political development. Many big investors in the world have trusted and invested and they have brought great profits. With this speed of development, I think it will never be outdated, it will be a car that is always forward without brakes.

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September 26, 2018, 08:57:00 AM
 #1012

Bitcoin is the beginning and also exists forever in the crypto market. All later altcoins are just followers.
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September 26, 2018, 11:03:35 AM
 #1013

Referring to cryptocurrency, or virtual currency, or digital money, most people will think of Bitcoin first. This alone proves that no Altcoin can make Bitcoin obsolete.
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September 26, 2018, 11:15:17 AM
 #1014

Bitcoin is a useful currency. You do not need to keep Bitcoin to get value from the simple free, anonymous, secure and transactional deposit system.
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September 26, 2018, 12:25:58 PM
 #1015

For now, certainly not, but we can not be so sure that in the future this will not going to happen. Let's look at a bit in the past and see that sometimes there have been inconceivable changes!
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September 29, 2018, 11:13:48 AM
 #1016

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. Theres nothing can dethroned bitcoin as the king of all currency. They might overpass the price of bitcoin but one thing for sure, they cant replace bitcoin because they are just made after bitcoin.
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September 29, 2018, 11:43:54 AM
 #1017

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. Theres nothing can dethroned bitcoin as the king of all currency. They might overpass the price of bitcoin but one thing for sure, they cant replace bitcoin because they are just made after bitcoin.
when it made did not give influence to altcoin for replacing bitcoin.till now i find no reason for altcoin to replace bitcoin as main cryptocurrency.its really hard to do.

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September 29, 2018, 01:25:54 PM
 #1018

bitcoin is the best coin and there will be no other coins that can replace bitcoin, many people still believe in bitcoin, so bitcoin will still be the number one coin
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September 29, 2018, 02:06:01 PM
 #1019

Bitcoin will not be outdated by any other currencies as the mother of all currencies it is the most strongest crypto currency ever created and it continue to be on the number 1 spot. It would take too long before any currency reached the level of bitcoin.

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September 29, 2018, 05:29:48 PM
Last edit: September 29, 2018, 06:15:24 PM by Himanshu111
 #1020

Bitcoin will not be outdated by any other currencies as the mother of all currencies it is the most strongest crypto currency ever created and it continue to be on the number 1 spot. It would take too long before any currency reached the level of bitcoin.
No I don't think so that any other cryptocurrency can outdate or overpower Bitcoin because they don't have the potential and capability to do this.Bitcoin is the first cryptocurrency and it is also considered as the father of all the cryptocurrencies.It is the most valuable and expensive digital currency in the market.In the coming future bitcoin will rule the market because its position is getting better slowly day by day amd ig will create new records.
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