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Author Topic: Can any other crypto replace bitcoin?  (Read 8828 times)
miltonpogi
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July 02, 2018, 12:42:11 PM
 #501

Competition in market was surprisingly increasing per annum due to the demand of cryptocurrency around the world, but BTC still manage to be the best currency even there are many altcoins who offer more than they do, first in the line is ETH, bitcoin cash, ripple and so on. BTC is the best accepted exchange for any kinds of transaction in merchants, it was also the most acknowledge coin around the world and that make sense cause there competitor like ripple and eth are nameless in some country.

The Bitcoin network protocol was designed to be extremely flexible. It can be used to create timed transactions, escrow transactions, multi-signature transactions, etc. The current features of the client only hint at what will be possible in the future.
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Mr.Noda
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July 02, 2018, 12:42:32 PM
 #502

It can quite replace but I do not think that this will happen in the near future. In ten years maybe. The question is what will be replaced, what a coin !?

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jokowo
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July 02, 2018, 01:03:44 PM
 #503

Bitcoin is very strong, has touched all the layers of the world community. For that it is still impossible that another crypto will replace bitcoin.
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July 02, 2018, 01:26:24 PM
 #504

There are many cryptocurrencies out there, the fluctuation is wide and big. There’s a need of a coin that uses a process to stabilize its value.

No doubt that there is no other cryptocurrency or altcoin that can supersede the bitcoin. At least not for the next 5-10 years. Of course there are many rising competitors like Ethereum, ripple and litecoin.

Do you agree???
Bitcoin is a rather problematic currency with low transaction speed and high fees.
There are competitors (Ethereum, Litecoin) that can replace it in a couple or years due to a faster blockchain.

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July 02, 2018, 01:56:16 PM
 #505

Bitcoin is very strong, has touched all the layers of the world community. For that it is still impossible that another crypto will replace bitcoin.
True I personally also think that there is no crypto that can replace bitcoin,
let alone bitcoin is now famous among investors,
so very difficult for sure crypto can replace bitcoin

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Harpawan
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July 02, 2018, 02:04:41 PM
 #506

Bitcoin as the main coin, too tough to be replaced by another coin. I think it's too much if another coin wishes to replace his position, not to denigrate other coins, including ETH and LTC.
setancredit3
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July 02, 2018, 02:09:05 PM
 #507

if I think as a new product of Internet technology, certainly superior to the traditional currency, but also must have certain deficiencies, because BTC acts as the flagship of all cryptos around the world, but so far BTC has built its defensive fortress as the largest crypto and the greatest for being a pioneer, But as history says, all the first will surely be surpassed by the future or the next.
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July 02, 2018, 02:09:40 PM
 #508

There are many cryptocurrencies out there, the fluctuation is wide and big. There’s a need of a coin that uses a process to stabilize its value.

No doubt that there is no other cryptocurrency or altcoin that can supersede the bitcoin. At least not for the next 5-10 years. Of course there are many rising competitors like Ethereum, ripple and litecoin.

Do you agree???

Well, it could possibly. I don't want to think about it because what concerned me the most is that, when will the bull run would happen again. The drought takes so long now, I don't have any savings anymore. Well, it is still at the middle of 2018 but is there any sign? Back again to the topic. I think that when bitcoin disappears, and the other crypto stay all well, it may be the new replacement of the new crypto king.
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July 02, 2018, 02:11:39 PM
 #509

This can be because everything in our world has its own validity. I hope that the time has already passed and the time has come for new money, which today is called crypto-currencies. But this is only hope.
coinic
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July 02, 2018, 02:14:28 PM
 #510

Bitcoin as the main coin, too tough to be replaced by another coin. I think it's too much if another coin wishes to replace his position, not to denigrate other coins, including ETH and LTC.
It's too tough to defeat bitcoin due to the historical and this is also they mold to promote as a single currency ,In my perceptions I think no one can replace bitcoin because this is trustworthy and more demand by investors.

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July 02, 2018, 02:17:47 PM
 #511

This can be because everything in our world has its own validity. I hope that the time has already passed and the time has come for new money, which today is called crypto-currencies. But this is only hope.
Indeed, the cryptocurrency can act as a substitute for money, but as you know, the world is afraid of changes. I personally am not afraid, I like everything new. This is a new opportunity. It is better to live in a changing world than to stand in one place.
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July 02, 2018, 07:38:16 PM
 #512

Bitcoin took the leading place because he entered first in the market and acts as a benchmark for other coin prices. But the main task of the crypto currency is to ensure quick and safe circulation of funds and not to increase capitalization, and if the market is more interested in a currency that is more convenient and functional than bitcoin, then maybe this coin can lead in the future.

Candice
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July 03, 2018, 06:55:30 AM
 #513

In my opinion, no coin can replace bitcoin at present, even if ETH can not. Now the value of bitcoin is much higher than the sum of other coins.
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July 03, 2018, 09:55:50 AM
 #514

This only happens when someone invents another internet technology aside from using cryptocurrency.  As long as cryptocurrency is used as digital money, bitcoin can not be replaced as no.1 crypto.
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July 03, 2018, 10:01:27 AM
 #515

Although there are many altcoin that has better qualities and potentials than bitcoin in terms of low transaction fees, fast transaction speed, advanced technology and many more but still,none of this coin can replace bitcoin because bitcoin is the oldest crypto and has a very strong management team, its price is highest and remain the highest in crypto, it even has the highest trust and largest number of investors and as long as this increase, no coin can replace it.
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July 03, 2018, 10:50:49 AM
 #516

I think in the near future this will not happen and by the end of this year bitcoin will continue lead and embody the cryptocurrency market. Well, in 2019, it is possible that the Ethereum will solve its technical problems and the price of ETH will rise in several times and it will surpass bitcoin in capitalization.
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July 03, 2018, 10:15:32 PM
 #517

I believe, in the future there will be many bitcoin competitors.
That's normal, because the more crypto it will be the more choices for everyone.

Why should we talk about the future? We already see that Ethereum puts pressure on Bitcoin and prepares to take away his crown. It's the matter of time and technology. Bitcoin must give its crown and go away calmly and quietly and not destroy the whole market.

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July 03, 2018, 10:18:09 PM
 #518

BItcoin was first so nobody can beat that,  but in terms of capitalization for sure some coins can be bigger, but i think it will be not within 2-3 years.
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July 04, 2018, 03:49:49 AM
 #519

Replacing bitcoin will be tough. Because it is impossible to become the first cryptocurrency, this place is forever occupied. Bitcoin has long been not the best cryptocurrency in terms of technology, but this is the first cryptocurrency and for the market this is more important.
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July 04, 2018, 04:11:44 AM
 #520

There are many cryptocurrencies out there, the fluctuation is wide and big. There’s a need of a coin that uses a process to stabilize its value.

No doubt that there is no other cryptocurrency or altcoin that can supersede the bitcoin. At least not for the next 5-10 years. Of course there are many rising competitors like Ethereum, ripple and litecoin.

Do you agree???
according to this, it can not be because the first bitcoin altcoin in the world of crypto and so now bitcoin has decreased and with this decline, many people who invest in bitcoin in the short term and wait for bitcoin prices back and to replace bitcoin is very difficult then no one can turn bitcoin off
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