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Author Topic: Will the bitcoin be outdated by another currency?  (Read 5691 times)
rimueng agam
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September 29, 2018, 05:36:47 PM
 #1021

If I think bitcoin doesn't have anything to do with traditional currencies or other digital currencies, then this bitcoin can be concluded it won't expire by another currency, but this is only my argument
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Unlike traditional banking where clients have only a few account numbers, with Bitcoin people can create an unlimited number of accounts (addresses). This can be used to easily track payments, and it improves anonymity.
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SkvorNyc777
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September 29, 2018, 09:10:31 PM
 #1022

ETH may overcome it one time but I bet only 20-30% for it, 70% that BTC will remain like it is - absolute grand among crypto.

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lestariptr
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September 29, 2018, 09:30:11 PM
 #1023

I don't think that bitcoin will expire by another currency. Because I believe in the potential of bitcoin and will be a good thing for the future. Bitcoin still has great potential and popularity and cannot be expired by other currencies. That is my opinion.
jimmyd178
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September 29, 2018, 09:48:45 PM
 #1024

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.
The blockchain technology is best thing that has happen to the internet of recent. Bitcoin being a store of value is true, but note that this value is driven by users number and activity, which most recent project don't posses. Linkchain is one project i have noticed has a practical model to grow user base, this emphasizes the fact that getting users that will continue to use your product is key here.
Pjoh ie
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September 29, 2018, 11:06:04 PM
 #1025

Well it can be. It always can be but it will be too hard for another currency to get that position because today almost all of the online earners are basing on the capability and the value of bitcoin the idea also of bitcoin will get you the idea to invest into it
kulitmanggis
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September 29, 2018, 11:14:31 PM
 #1026

I don't think that there will be a bitcoin will remain a king and won't be able to be defeated by any coin, bitcoin will be number one.
MTNAX
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September 30, 2018, 05:30:06 AM
 #1027

In my opinion, all this can happen because we ourselves know that no one is immortal in that world. Likewise bitcoin will always be number one in the world, I think there will be those who can replace bitcoin, but in my opinion it is very difficult if another coin can match the position of the bitcoin. So far, bitcoin is still widely used by people to invest and seek as much profit as possible.
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September 30, 2018, 05:48:37 AM
 #1028

Well it can be. It always can be but it will be too hard for another currency to get that position because today almost all of the online earners are basing on the capability and the value of bitcoin the idea also of bitcoin will get you the idea to invest into it
community trust and faith to bitcoin today could not be replaced by another coins.besides of that , bitcoin feature and technology was original if we compared with other coins.


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Rustamm
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September 30, 2018, 05:51:28 AM
 #1029

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.
All this is changeable. It should be noted that altcoyins have been developing only a few years, in fact since 2015, after the appearance of ethereum. They have achieved very good results and have already far surpassed bitcoin. Bitcoin while holding on to the leadership on the former authority and popularity. The only way to maintain leadership is to continually improve and maintain competitiveness among other crypto-currencies. This is the law of the market. Bitcoin is still very far behind.
bitcoinisbest
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September 30, 2018, 05:53:59 AM
 #1030

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.

It is useful in many ways. If government decides to make best use of it then they can make it legal in their country and many things could be solved including their socio - economic condition of the country could improve due to it.
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September 30, 2018, 06:03:48 AM
 #1031

Thousands of new altcoins have come in to existence during the past 10 years, but none of them has managed to overtake Bitcoin in terms of market cap or popularity. So it seems like Bitcoin will be no.1 as long as crypto exists.
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September 30, 2018, 06:04:40 AM
 #1032

Not every cryptocurrency in the existing cryptocurrency will pay investors as much back as bitcoin. Bitcoin is still by far the best performer among virtual currencies, and no altcoin can be compared to bitcoin.

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coly20032003
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September 30, 2018, 07:20:01 AM
 #1033

I also think that it will be very hard for another crypto currency to replace the position of bitcoin. This is because bitcoin has the longest history in the crypto currency world, known by most people, and have lots of miners, investors and supporters.
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September 30, 2018, 07:43:06 AM
 #1034

I don't think bitcoin will be outdated by any other currency. Most people are worried about the dip in the price of bitcoin now and they tend to compare bitcoin to other Altoona in terms of the market prices.
Nemoja
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September 30, 2018, 08:14:48 AM
 #1035

Bitcoin will never be outdated. It is like emails who are still there even if we use more direct applications for our communication like, Messenger, Viber, WhatsApp etc.

The first is always the most valuable and inspires communities.
MoonLouis
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September 30, 2018, 08:39:30 AM
 #1036

I don't think that it is possible because for me, bitcoin is always be the best one and everycoin in crypto world must follow it
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September 30, 2018, 09:12:43 AM
 #1037

Bitcoin is really famous all over the world and it has potential to develop more and more In the future. As a result, I don't think bitcoin will be outdated by another currency
chenhaonan
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September 30, 2018, 09:25:54 AM
 #1038

Although Bitcoin may be replaced by coins or altcoins in the future, I don't think this will happen in two years! And I think that even if there are coins that can surpass Bitcoin, Bitcoin is still the most worthwhile cryptocurrency!

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September 30, 2018, 09:36:02 AM
 #1039

in my opinion no. bitcoin has been able to survive more than 9 years since 2009. bitcoin has experienced all the global economic turmoil and still can survive to this day. many countries are experiencing an economic crisis that makes the value of the country's currency fall, and bitcoin has experienced the same thing. currently, the crypto currency that dominates the market is bitcoin so bitcoin will not expire at any time.
Vritesh
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September 30, 2018, 10:11:18 AM
 #1040

I don't think that Bitcoin will be outdated by any other currency.It is the most dominant coin both long term and short term.No other coin will be able to take it's place.Bitcoin is the first ever cryptocurrency and is like the king of the market.It has the ability to affect the entire market in a good as well as in a bad way.So yes Bitcoin will always remain the dominant one out of all other cryptocurrencies.

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