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Author Topic: What are the chances BTC is replaced by something better soon?  (Read 18606 times)
Tran Dinh Nam
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August 29, 2018, 05:59:36 PM
 #581

I don't think that Bitcoin will be replaced by any cryptocurrency anytime soon, even tho theres other coins who seems to more to offer. I'm sure Bitcoins will be the king also 10 and 20 years from now.
towi078
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August 29, 2018, 06:19:35 PM
 #582

I think, it will be very difficult for the altcoin to outperform bitcoin. Especially when the bitcoin network is increasingly refined. If there is, it might take a long time
uDwcHYO
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August 29, 2018, 06:20:05 PM
 #583

looking at the past few years, it is unlikely that someone will replace in the near future

zzz
christofyler
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August 29, 2018, 06:30:07 PM
 #584

There is still high chance for another coin to be established in the future, challenge, and then smash bitcoin.  It has a big start, but if a truly revolutionary alternative comes around that is faster, safer, more efficient and has more versatility.
BTC_BTC
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August 29, 2018, 06:56:11 PM
 #585

"Soon" would be in the next 1-3 years or so.

One of the biggest dangers for BTC is something more useful coming along and investors switching - a process which could happen extremely fast, once started.

So to all the tech savy people in here - what advantages could other cryptocurrencies bring that will give them a crucial edge over BTC, and how fast could something like that come along?
something good do you mean is altcoin? I don't see that potential in any altcoin, if you have found it I hope you will let me know later.
Cobrak777
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August 29, 2018, 07:05:06 PM
 #586

 I agree. I don’t think something greater than BTC will come sooner. Everything that we’re looking for in an alternative currency can be found in bitcoin. Now that most of online casinos and other business owners are starting to accept it, I don’t think they will accept new one soon, if ever there will be.
Rj Manik
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August 29, 2018, 07:21:15 PM
 #587

Currently, there are lots of cryptocurrencies which are easier as well as less complicated as well as officially much more ideal compared to Bitcoin. However at the rear of all are those who are recognized by culture. However, Bitcoin is actually culture. No one understands that produced this as well as everybody utilizes this. Therefore absolutely nothing may substitute Bitcoin.
riyarana1123
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August 29, 2018, 07:21:31 PM
 #588

Right now the bitcoin do not have any other competition because bitcoin is a digital currency.Moreover may be in future new competition got generate but can not compared with the bitcoin as the bitcoin has a great achievements.

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passeroutpass
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August 29, 2018, 07:58:55 PM
 #589

I do not understand why most investors choose bitcoin. Currently, there are already coins, the technological side of which is much more winning bitcoin.
JohnHendry
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August 30, 2018, 07:20:31 PM
 #590

If you are asking that is it possible within 3-4 years then I say never but nothing is impossible just like bitcoin grab the market there may be some more coin thats feature is good can replace it.
kalstarzz
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August 30, 2018, 07:39:44 PM
 #591

"Soon" would be in the next 1-3 years or so.

One of the biggest dangers for BTC is something more useful coming along and investors switching - a process which could happen extremely fast, once started.

So to all the tech savy people in here - what advantages could other cryptocurrencies bring that will give them a crucial edge over BTC, and how fast could something like that come along?
according to my observations bitcoin has a system that is good enough, and many people believe it, but the technology of ethereum is far better than bitcoin, if one day cryptocurrency is legal in the world, I am sure many people will choose eth, because eth has things that better, so I think bitcoin needs to make major improvements so that it doesn't happen.
munareal
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August 30, 2018, 07:46:32 PM
 #592

There are projects out there that have worked on the shortcoming of bitcoin such as the Hashgraph. Replacing bitcoin is another issue that can not be done by any coin now or later
awosesun
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August 30, 2018, 08:03:15 PM
 #593

It's possible for BTC to be replaced. 1; Another coin with a great potential better than bitcoin can replace bitcoin. 2; BTC itself is a project under blockchain technology, would anybody talk about BTC today if the blockchain is not what it used to be today or probably useless? The answer is no. Now if a better technology comes out tomorrow and better than blockchain, then people will leave blockchain and move to the new technology.

So, it's posible for BTC to be replaced.
BestBoardroom36
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September 01, 2018, 05:24:42 AM
 #594

In the crypto world still there is no crypto better than bitcoin so, there is no chance for now but in the future what will going to happen is unpredictable.
ajuelnah akun
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September 01, 2018, 06:16:02 AM
 #595

NXT will destroy all
lol, you mean to destroy himself  Grin

I am sure you have experienced a loss with NXT, has it destroyed you?  Cheesy
Pinkprint
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September 01, 2018, 06:21:26 AM
 #596

We don't see such landmark technologies everyday.
Bitcoin was a giant leap, in advanced technology.
We may wait a while to see something better.

And I don't see the point of being concerned about that, except you're planning on inventing it yourself.
Abefe1989
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September 01, 2018, 06:30:09 AM
 #597

Paraventure if there anything precisely to state that Bitcoin resembles gold, and altcoins resemble platinum, oil, or silver. They are advanced resources, not organizations, and they are very significant for various reasons.
CLAID
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September 02, 2018, 01:20:42 PM
 #598

"Soon" would be in the next 1-3 years or so.

One of the biggest dangers for BTC is something more useful coming along and investors switching - a process which could happen extremely fast, once started.

So to all the tech savy people in here - what advantages could other cryptocurrencies bring that will give them a crucial edge over BTC, and how fast could something like that come along?

Bitcoin can be replaced but not soon because still any new or experienced  investor or a trader consider Bitcoin as the main currency above all in the cryptocurrency market and I think that is because of the demand that the outside world has given towards Bitcoin and also it's popularity among many so Bitcoin can continue its position in the market for a long time but one day there will be a great currency better than Bitcoin will rise and it is not a surprise because in the technical world those things happen often
Teriyanone
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September 10, 2018, 04:36:23 AM
 #599

Bitcoin may not be perfect but it's good enough. Something would have to go very wrong for Bitcoin to be anything other than the main player.

Yeah it is true and many know that and that is why even many investors and traders do trading with other Altcoins at last there main ambition is to buy Bitcoin for the future to make profits because it is very clear that as the first digital asset the popularity and the demand it has gained in the world is immense and for other currencies to achieve it that might take many years even than Bitcoin because during that period it might even be the first global currency in the world
BlockchainGod
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September 10, 2018, 05:50:06 AM
 #600

I think that bitcoin will not be replaced by anything simply because bitcoin is not just an asset but an indicator of all cryptocurrencies now because it was the first. IMHO

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