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Author Topic: Will the bitcoin be outdated by another currency?  (Read 5691 times)
strideynet
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October 20, 2018, 01:14:30 PM
 #1061

any other currency is via bitcoin. Cryptocurrency is associated with bitcoin, so I think that in the near future it is
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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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AlexKr
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October 20, 2018, 01:28:14 PM
 #1062

If the BTC is not improved, then of course sooner or later it will become obsolete. Already, it is inferior to some altcoins.
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October 20, 2018, 01:42:21 PM
 #1063

I believe a cryptocurrency with a better utility factor could out date Bitcoin. But this isn't going to happen in near future. Cryptos are in the development stage right now with Bitcoin at 50%+ dominance. Right now it is impossible for any coin to beat that dominance. Moreover, Bitcoin is the most used currency for executing trades. So, there is some inherent utility there as well. But when the market gets matured, we might find a coin that could replace Bitcoin.
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October 20, 2018, 02:37:43 PM
 #1064

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.
any development of cryptocurrency I think depends on the investor himself any coin is cryptocurrency, good interest and intention for investors will make everything good too, of course
davit putra
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October 20, 2018, 03:25:09 PM
 #1065

For now, bitcoin is the main one, and in the next few years bitcoin can still be the most popular. But it does not rule out the possibility that there will be an altcoin that can grow big and can replace bitcoin.

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October 20, 2018, 03:35:14 PM
 #1066

For now, bitcoin is the main one, and in the next few years bitcoin can still be the most popular. But it does not rule out the possibility that there will be an altcoin that can grow big and can replace bitcoin.
if there is coins offer better technology and easy to implemented, i think that is the time to replace bitcoin.but for now on there is no coins able to replace bitcoin.

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iMark
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October 20, 2018, 03:47:47 PM
 #1067

It will be outdated and it's the truth. But it's status as a the mother of all altcoins will surely stay the same.  We can already some coins better than bitcoin in terms of feeless and fast transactions and bitcoin's advantage is just it's popularity. Bitcoin can still be upgraded but though it's going to be limited and the upcoming altcoins will have limitless potetntial.
We know that even today many altcoins have technologies that are more innovative and more sophisticated than bitcoin. but that does not mean that bitcoin will be replaced easily, as you say bitcoin will still be the mother of all crypto, and it will continue like that, bitcoin may be updated but it will not be as innovative as altcoins that might appear in the next few years
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October 20, 2018, 03:49:53 PM
 #1068

I don't think so, especially now that the development of the era has begun to increase, the pair of memengs is constantly growing.

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October 20, 2018, 04:58:01 PM
 #1069

Bitcoin is the one that lead to the existence of the term cryptocurrency. Now there were more and more digital currencies with advanced features in terms of security, transaction access and so on, still they were not able to compete with the bitcoin. This confirms that bitcoin will never be outdated by any other cryptocurrency.

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zubrr51
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October 20, 2018, 05:21:48 PM
 #1070

In any case, Bitcoin will retain its leading position for a long time. Perhaps he will work in cooperation with some other currency.

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Ezenwanyi
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October 20, 2018, 08:01:11 PM
 #1071

I do not think that bitcoin can be replaced by another currency.
The premise for my assertion steems from the fact that it was the inception of bitcoin lthat gave rise tpo the era of cryptocurrencies.
Bitcoin is more poplular than the rest.
Bitcoin can be said to be the "grandfather" of all other cryptocurrencies.

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October 20, 2018, 08:12:44 PM
 #1072

Bitcoin is the first currency to run on the Blockchain network without the need for centralized intermediaries or publishers thanks to decentralized blockchain properties. This decentralized peer-to-peer network system makes bitcoin unique from other financial systems that tend to be centralized.
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October 20, 2018, 08:39:05 PM
 #1073

any other currency is via bitcoin. Cryptocurrency is associated with bitcoin, so I think that in the near future it is
bitcoin won't become obsolete even if it's not repaired, I think bitcoin is good and nothing needs to be fixed. maybe only the price is currently down. bitcoin is the main coin and the price is the highest, so it is very difficult for other currencies to replace bitcoin in the near future.
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October 20, 2018, 10:18:58 PM
 #1074

Bitcoin is the one that lead to the existence of the term cryptocurrency. Now there were more and more digital currencies with advanced features in terms of security, transaction access and so on, still they were not able to compete with the bitcoin. This confirms that bitcoin will never be outdated by any other cryptocurrency.
There are lots of new coins built with modern technology and new technology that surpass Bitcoin but Bitcoin will never be outdated. Bitcoin still has the special features that other coin can not get and that is why Bitcoin is still growing as strong today.

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October 20, 2018, 10:59:26 PM
Last edit: October 28, 2018, 10:49:19 PM by HarmonyA
 #1075

Bitcoin could be outdated by another currency but the possibility is not yet visible. Because bitcoin is the leader of all cryptocurrency, and trying to devalue or make it outdated by any other digital asset, would discourage investors thereby making cryptocurrency investment a gimmick.
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October 21, 2018, 02:47:03 AM
 #1076

I believe that no, since no crypto currency has stabilized at a higher price than btc and has the same acceptance in the market, it is difficult to say if in the future we will have other good coins and just wait and be aware of the technology and the market!
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October 21, 2018, 02:56:33 AM
 #1077

Bitcoin is the one that lead to the existence of the term cryptocurrency. Now there were more and more digital currencies with advanced features in terms of security, transaction access and so on, still they were not able to compete with the bitcoin. This confirms that bitcoin will never be outdated by any other cryptocurrency.
There are lots of new coins built with modern technology and new technology that surpass Bitcoin but Bitcoin will never be outdated. Bitcoin still has the special features that other coin can not get and that is why Bitcoin is still growing as strong today.

Bitcoin is outdated by a lot of other cryptocurrencies in the market. If we are talking about it's origin since it is the first crypto, it is obvious that it is outdated.

But in terms of popularity, of it's feature and it's technology, Bitcoin will never be outdated by any other cryptocurrencies in the market. Bitcoin will always be Bitcoin. To be honest, there are a lot of great cryptos on the market than Bitcoin but it still is the most expensive and most used crypto in the whole world.
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October 21, 2018, 09:40:34 AM
 #1078

It will not appear at present, but no one can guarantee it in the future. Perhaps the bank will beat the cryptocurrency. Perhaps such a coin has not appeared yet.

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October 21, 2018, 10:08:27 AM
 #1079

Bitcoin is the one that lead to the existence of the term cryptocurrency. Now there were more and more digital currencies with advanced features in terms of security, transaction access and so on, still they were not able to compete with the bitcoin. This confirms that bitcoin will never be outdated by any other cryptocurrency.
There are lots of new coins built with modern technology and new technology that surpass Bitcoin but Bitcoin will never be outdated. Bitcoin still has the special features that other coin can not get and that is why Bitcoin is still growing as strong today.

Bitcoin will stay the market leader for many years. I do not think that it can be really outdated by any other cryptocurrencies in the nearest 10 or twenty years.
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October 22, 2018, 04:20:16 AM
 #1080

Bitcoin is the one that lead to the existence of the term cryptocurrency. Now there were more and more digital currencies with advanced features in terms of security, transaction access and so on, still they were not able to compete with the bitcoin. This confirms that bitcoin will never be outdated by any other cryptocurrency.
There are lots of new coins built with modern technology and new technology that surpass Bitcoin but Bitcoin will never be outdated. Bitcoin still has the special features that other coin can not get and that is why Bitcoin is still growing as strong today.
What special Bitcoin features are you talking about? Bitcoin is still considered a universal currency without any special functions.
Although bitcoin is considered the core currency in cryptography, however, this is only one of its types, and if it is not constantly improved and maintained its competitiveness, then it is quite possible that it will be overthrown in the place of the cryptocurrency leader. Such a law of the market and we can not affect it.
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