Why hasn't any altcoin replaced bitcoin?

[Mttewndew]

I don't think that altcoins can become more popular than bitcoin, so bitcoin will always be ahead. Because Bitcoin is not just the first cryptocurrency, it is an idea of freedom, it is an idea that brings progress.

[libert19]

We have come long way from Bitcoin, current gen cryptos are faster, cheap (some even provide fee-less transactions) and dapp support. However, bitcoin is still popular, reason most likely being it's popular and old hence Bitcoin's ledger is largest of all, and it provides more immutability compared to current cryptos which are lot less older than that.

[IwantMoonBefore2020]

I think bitcoin has been one of the biggest innovations of the human in the past years. Many altcoins have been created after bitcoin. But none of  them have been successful as bitcoin is. Why is that?
Why no altcoin can replace bticoin?
Every new thing and every technology is usually replaced by a newer one as the world is always developing.

The first television built was mechanical, then electronic television were invented, then colour televisions, digital, 3D, ....
The first automobiles invented were steam-powered wheeled vehicles, then electric automobiles appeared. Now we have autonomous cars. Now we have Tesla model S. Now we have Lamborghini.
All of us know about the developments made in mobile phones.

Every thing is being developed. Every device is finally replaced by a newer one. Why no altcoin has replaced bitcoin till now? Do you think it will happen in future?
I personally think people will trust what Satoshi has created more than altcoins till many years later.
Altcoins are created to make the developers rich. But bitcoin is different. Bitcoin was created in favor of us. So, no altcoin can be trusted as bitcoin.

What do you think?

This is exactly what I did, bitcoin is for help humanity in revolution against banks governement and system, to be togethers more strongers and I used all my kids life for to be able to do bitcoin.
Governments dsnt want to admit what one genius guy determinated is able to do alone because they are afraid against satoshi, I used my fear as power for create the futur against ther new world order futur plan.

[Kasabus]

I don't think that altcoins can become more popular than bitcoin, so bitcoin will always be ahead. Because Bitcoin is not just the first cryptocurrency, it is an idea of freedom, it is an idea that brings progress.

Exactly, it was created by an anonymous person and that makes this coin an exciting coin to invest.
We've seen enough that would convince us that this coin is gonna succeed, based on the articles that I read, it says that bitcoin was declared dead many times, so if its a bubble, it should not be alive now.

https://ethereumworldnews.com/bitcoin-btc-has-died-328-times-to-date-and-counting/

people trust bitcoin more than all the combine altcoins although btc has very limited functionality compared to altcoins which has a better use case.
So that reality alone tells us BTC will remain the king.

[BeManga]

Every thing is being developed. Every device is finally replaced by a newer one. Why no altcoin has replaced bitcoin till now? Do you think it will happen in future?

well in my opinion bitcoin or crypto is the new technology
that will replace the current payment system online

[cotton ball]

Talking about crypto and blockchain are talk with bitcoin only because have higher price than other coin, why many altcoin can replace with bitcoin position because price of altcoin never can take with bitcoin position, now only bitcoin cash have higher price than other altcoin but still far from bitcoin price, during many altcoin goes down when make bitcoin with lower price.

[Ludmilla_rose1995]

No. Even though Ethereum is the best Altcoin at the moment, Ethereum still won't be able to replace Bitcoin in the top coin rankings. For me, it was very impossible.

well eth is one of the popular coins  in CMC but with many issue .like token creation that can use to make an ICO and raised funds from investors. Before thats not a problem but now more people has been victim of a scam project created by eth platform. Thats why its hard for them to replaced btc because eth has thier own issue.

Strongly agree with you. The ethereum-based token sold at ICO is the biggest problem because it is often used to do scam projects. I have 5 times invested in scam projects and decided to no longer buy ICO coins which made me lose a lot of money.

[finaleshot2016]

No. Even though Ethereum is the best Altcoin at the moment, Ethereum still won't be able to replace Bitcoin in the top coin rankings. For me, it was very impossible.

well eth is one of the popular coins  in CMC but with many issue .like token creation that can use to make an ICO and raised funds from investors. Before thats not a problem but now more people has been victim of a scam project created by eth platform. Thats why its hard for them to replaced btc because eth has thier own issue.

Strongly agree with you. The ethereum-based token sold at ICO is the biggest problem because it is often used to do scam projects. I have 5 times invested in scam projects and decided to no longer buy ICO coins which made me lose a lot of money.

Many users also invested time and money for ICOs that can be considered scam as of now. During 2017, I participated a lot of ICO and earned a lot but now it's worst than I expected. Other assets that is eth-based are not profitable and should be disregarded in the community. That's the reason why bitcoin is still on the top.

[Abiky]

Bitcoin was the pioneer of them all. It was the one that started the game and was able to keep up over the past decade of having new altcoins. It went from zero to hero specially on 2018 where its value reached $20k for a while but now that it is facing crisis, many are already starting to doubt it. Little do they know that bitcoin has been like this for so long, going down but then surprising eveyone after a while. I think that's the reason why no altcoin can replace bitcoin, because not every coin can survive after hitting rock bottom, bitcoin always does.

Exactly. You can't beat the original project which started this craze in the first place. Bitcoin is known as the father of Blockchain technology, and without it, many of the altcoins we know and love today wouldn't exist. We've seen how the market depends on Bitcoin to succeed one way or the other. After all, Bitcoin is the reserve cryptocurrency of the crypto market. With an ever-growing market cap, it becomes harder for altcoins to be able to reach the pioneer cryptocurrency's top spot on the market. The only altcoin that's close enough to replace Bitcoin, is Ethereum. But even Ethereum, is struggling to get past new ATHs because Bitcoin is still on a constant decline in price.

Which is why, I believe that Bitcoin will remain as the "King of Crypto" for the foreseeable future. Unless a new cryptocurrency comes into play with better tech than Blockchain, I don't see altcoins replacing Bitcoin anytime soon. Time will tell us whenever Bitcoin will be able to maintain itself over time, or fail altogether. Considering that it's been just a decade of success since it's inception, I doubt that Bitcoin will die sometime in the future. The rest of the cryptocurrencies on the market will simply follow Bitcoin's footsteps for years to come. As long as you invest into Bitcoin above all other altcoins, you won't have nothing to worry about. Just my thoughts

[gmaxwell]

Why no altcoin can replace bticoin?

Maybe one could, but why would it?  If it did, wouldn't it get replaced?  If it will get replaced too why value it in the first place?

Most altcoins are hobbled by their creators motivations to line their pockets.   E.g. Ethereum premined 72 million tokens.

Most altcoins that don't have extremely scammy origins you hardly hear about because they don't have fat pocket books to buy placement on exchanges/website listings/conferences.

To differentiate themselves from Bitcoin altcoins make various design departures, some might be useful-- but if they're really that useful, Bitcoin will likely adopt them, so they need design departures that Bitcoin would never adopt and those tend to be ones that make the economics suck or which severely hobble decentralization at least in the long run.

[tungaqhd]

I think bitcoin has been one of the biggest innovations of the human in the past years. Many altcoins have been created after bitcoin. But none of  them have been successful as bitcoin is. Why is that?
Why no altcoin can replace bticoin?
Every new thing and every technology is usually replaced by a newer one as the world is always developing.

The first television built was mechanical, then electronic television were invented, then colour televisions, digital, 3D, ....
The first automobiles invented were steam-powered wheeled vehicles, then electric automobiles appeared. Now we have autonomous cars. Now we have Tesla model S. Now we have Lamborghini.
All of us know about the developments made in mobile phones.

Every thing is being developed. Every device is finally replaced by a newer one. Why no altcoin has replaced bitcoin till now? Do you think it will happen in future?
I personally think people will trust what Satoshi has created more than altcoins till many years later.
Altcoins are created to make the developers rich. But bitcoin is different. Bitcoin was created in favor of us. So, no altcoin can be trusted as bitcoin.

What do you think?

I think the most important reason is that Bitcoin is the most trusted cryptocurrency. People use Bitcoin to buy altcoins so when Bitcoin price falls, other fall too. Nowaday, most new currency are borned with ICOs and many of them are scam.

[akirasendo17]

I think the answer lies on every altcoin purpose in the blockchain and the community
as i read correct me if im wrong , bitcoin purpose like what satoshi nakamoto wan'ts
bitcoin to be an accepted currency, while bitcoin is created to that purpose, the other coins
or altcoins purpose is different from one another , others might be like a crosschange to another tokens or coins
while others are being use for security reasons and so on, while all of this is different each of the purpose is
very important and play a vital role in crypto community either it a currency , security, and more
but still bitcoin is bitcoin its core is very different from the others  are just a copy with different algorithms
i hope i help you a bit try to check the difference in google they have full information about it

[Gotumoot]

I think you have a point but right now we don't have to talk about it because bitcoin is not in the mainstream yet, so we have to wait a long time for this to happen,
And I see that bitcoin will never replace bitcoin, But bitcoin will only be used because of the new coins that are emerging today to fill alternative bitcoin payment methods.

[blueteam09]

the same question, why there's nothing could replace gold yet
cause people believe in them.
that's what make them so valualbe.
 there are alt-coins. and alt-metal. but they're just altenative case.

[Abiky]

Maybe one could, but why would it?  If it did, wouldn't it get replaced?  If it will get replaced too why value it in the first place?

Most altcoins are hobbled by their creators motivations to line their pockets.   E.g. Ethereum premined 72 million tokens.

Most altcoins that don't have extremely scammy origins you hardly hear about because they don't have fat pocket books to buy placement on exchanges/website listings/conferences.

To differentiate themselves from Bitcoin altcoins make various design departures, some might be useful-- but if they're really that useful, Bitcoin will likely adopt them, so they need design departures that Bitcoin would never adopt and those tend to be ones that make the economics suck or which severely hobble decentralization at least in the long run.

That's certainly true, mate. Most altcoins are simply created to benefit the developers instead of the end user. It's no wonder why they've failed in taking Bitcoin place across the crypto market. Not to mention, most altcoins have a lesser degree of security than Bitcoin. Many people trust the pioneer cryptocurrency because it's extremely secure, and serves well as a store of value. If altcoins want to be as good as Bitcoin, they need to have extremely active development, innovation, and most of all, marketing/promotion. This is the key towards achieving mainstream adoption as we know it. Only then, altcoins will be able to present themselves as true contenders of Bitcoin.

Still though, Bitcoin is the father of Blockchain technology. Considering that every cryptocurrency uses Blockchain as their base layer, it's very unlikely that they'll replace the original project anytime soon. Also, the most prominent altcoins on the market today, can easily be replaced by newcomers in the crypto space. In the world of crypto, nothing is certain. Even Ethereum could easily lose its place on the market in the long run. But Bitcoin will remain as the top cryptocurrency of the market for the foreseeable future. Hence, it's impossible to replace Bitcoin anytime soon. Just my thoughts

[omfg.xekcep]

I never used to believe in bitcoin. Yeah, I thought that bitcoin is a temporary thing which was hyped  and advertised widely. I was wrong with my supposiotion until I comprehended the most crucial bitcoin benefits. Chiefly I understood that cryptocurrencies and especially bitcoin are vital for the further evolving of high tech. Concerning bitcoin if I arrange cryptocurrencies in order of importance I will put bitcoin on the first place.
Beyond doubts sometime bitcoin will be changed by a more interesting and prospective cryptocurrency but until that moment it is impossible to take a guess that cryptocurrency.

[dimox]

i think, other crypto have own specialization and it can be better than bitcoin. many reason why altcoin cant replace bitcoin. bitcoin is the main coin in cryoto and all of platform accept it, and use it as payment. but there are some coin that used as payment too. maybe, when talking about profit, bitcoin is profitable than other crypto

[kodtycoon]

i think, other crypto have own specialization and it can be better than bitcoin. many reason why altcoin cant replace bitcoin. bitcoin is the main coin in cryoto and all of platform accept it, and use it as payment. but there are some coin that used as payment too. maybe, when talking about profit, bitcoin is profitable than other crypto

there are many factors related to profit in this case, apart from the main advantage of the high price but on the other hand there are many altcoins that are more profitable in terms of costs and also faster transactions. even so indeed, bitcoin is still difficult to replace because i only see from the side of the reputation and popularity of bitcoin itself that most people will only know bitcoin than other crypto which is not so popular among ordinary people and also new investors in this industry.

[carlzec]

There are stages in the development of a technology. As a logic, the first technological product develops and changes. But bitcoin is different. I have bitcoin for 10 years. No major improvements other than the SegWit update. Alternative coins could not spread in the market. Bitcoin is still king.

[yohananaomi]

There are stages in the development of a technology. As a logic, the first technological product develops and changes. But bitcoin is different. I have bitcoin for 10 years. No major improvements other than the SegWit update. Alternative coins could not spread in the market. Bitcoin is still king.

You are right in saying that "Bitcoin is still king" and that cannot be denied until now. all developments in altcoin that circulate in crypto are always and will be affected by what happens to bitcoin. It might not take many years to replace but altcoin will never happen to replace bitcoin. ethereum which is quite stable and can move on its own until now has not been able to replace it, as well as other altcoins.