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Author Topic: Will another altcoin rise to overtaken Bitcoin?  (Read 2752 times)
john_cm (OP)
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April 19, 2020, 06:50:56 AM
 #1

Taking into consideration the nature and redundancy of Bitcoin technology and the difficulty in scaling, I am very curious to know if Bitcoin protocol will be dropped one day and another coin build to take its place. because now it's almost like the redundancy of Bitcoin and the time it takes for a transaction to be processed is part of what is affecting its mainstream adoption as a currency. please share your thoughts.
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April 19, 2020, 06:59:16 AM
 #2

No it's not going to happen, not even binance which is the most active team in crypto space today can beat Bitcoin, can't say about years in the future but Bitcoin is the main reason we are all here today, stop dreaming and support bitcoin today

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john_cm (OP)
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April 19, 2020, 07:01:47 AM
 #3

No it's not going to happen, not even binance which is the most active team in crypto space today can beat Bitcoin, can't say about years in the future but Bitcoin is the main reason we are all here today, stop dreaming and support bitcoin today

Then Bitcoin will need to scale else we will be stuck in a $200 billion market cap forever. It's old tech!
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April 19, 2020, 07:04:58 AM
 #4

Taking into consideration the nature and redundancy of Bitcoin technology and the difficulty in scaling, I am very curious to know if Bitcoin protocol will be dropped one day and another coin build to take its place. because now it's almost like the redundancy of Bitcoin and the time it takes for a transaction to be processed is part of what is affecting its mainstream adoption as a currency. please share your thoughts.
It's impossible for altcoin to overtake bitcoin right now but ethereum has ever taken the bitcoin spot a few years ago. Bitcoin just like a dollar because it was ruling crypto ecosystem. You can see from the how much dominance that already owned by bitcoin and that's more than enough to say if that will never happen.



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ballerin and giroud
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April 19, 2020, 07:08:33 AM
 #5

Each cryptocurrency have its own uniqueness, indeed if we talk bitcoin and altcoin from its function will have a different class. Like, bitcoin transaction is very long to be proccessed you may need several times to send your bitcoin in address one and another. Different with altcoin, like XRP who need two XRP as fees for one transaction which I think it is really low fee if we compare with bitcoin and also we just need at least one minute to see the XRP is arrived. But, it is not about that, bitcoin have a large community even most of crypto user will have bitcoin as their investment place. So, I think it will be hard to see that bitcoin can be overtaken from its price, there will no altcoin which have a high price from bitcoin as always.
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April 19, 2020, 07:11:24 AM
 #6

Taking into consideration the nature and redundancy of Bitcoin technology and the difficulty in scaling, I am very curious to know if Bitcoin protocol will be dropped one day and another coin build to take its place. because now it's almost like the redundancy of Bitcoin and the time it takes for a transaction to be processed is part of what is affecting its mainstream adoption as a currency. please share your thoughts.
Who knows maybe someday there will be an altcoin that will be develope that can overtake bitcoin as anything is possible especially that our technology is keep on evolving as days passes by. But if we will be talking like 1-5 years from now, surpassing bitcoin is very difficult and as you can see many altcoins want to do it but they fail to get the sympathy of big investors.

Bitcoin is the King and will always be remembered if there will be altcoins that can replace it's place someday.

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April 19, 2020, 07:18:42 AM
 #7

I'd rather see ethereum take over Bitcoin in coming years because Bitcoin is getting old, ethereum still have better use case than bitcoin, we can only wait and see how the future will play out

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April 19, 2020, 07:25:22 AM
 #8

Taking into consideration the nature and redundancy of Bitcoin technology and the difficulty in scaling, I am very curious to know if Bitcoin protocol will be dropped one day and another coin build to take its place. because now it's almost like the redundancy of Bitcoin and the time it takes for a transaction to be processed is part of what is affecting its mainstream adoption as a currency. please share your thoughts.
Bitcoin's PoW protocol will never be lost unless the number of bitcoins is left to dig. and when the number of bitcoins is no longer available, it will be more than 100 years. That's why sharks are now still taking advantage of bitcoin to manipulate and they will create another coin when bitcoin is almost at full value. And for blockchain technology, no one will care about how slow bitcoin is, they just care about whether bitcoin is profitable for them or not. Currently alts have great technology but are never appreciated because the team has control of that coin. The goal of the shark is to find unregulated coins and start fomo it, then create a new financial game. Smiley

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April 19, 2020, 07:30:39 AM
 #9

there will never be altcoin overtaking or replacing bitcoin even in the future. Bitcoin is the first coin and is the parent of all coins in crypto. the bitcoin community is too strong to defeat

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April 19, 2020, 07:33:41 AM
 #10

Taking into consideration the nature and redundancy of Bitcoin technology and the difficulty in scaling, I am very curious to know if Bitcoin protocol will be dropped one day and another coin build to take its place. because now it's almost like the redundancy of Bitcoin and the time it takes for a transaction to be processed is part of what is affecting its mainstream adoption as a currency. please share your thoughts.
Who knows maybe someday there will be an altcoin that will be develope that can overtake bitcoin as anything is possible especially that our technology is keep on evolving as days passes by. But if we will be talking like 1-5 years from now, surpassing bitcoin is very difficult and as you can see many altcoins want to do it but they fail to get the sympathy of big investors.

Bitcoin is the King and will always be remembered if there will be altcoins that can replace it's place someday.

Yes, for the time being and for the next 5 years, I don't think any altcoin will surpass bitcoin. A lot have been trying to improve the features of bitcoin and they are even have good features as compared to bitcoin, yet, they couldn't beat the popularity of usage of bitcoin. How many projects have you seen stating that they have faster transaction, low fees, anonymity than bitcoin, yet they couldn't get even 10% of the users of bitcoin? That's their bottleneck, getting users for their coin.
john_cm (OP)
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April 19, 2020, 07:36:03 AM
 #11

I'd rather see ethereum take over Bitcoin in coming years because Bitcoin is getting old, ethereum still have better use case than bitcoin, we can only wait and see how the future will play out

everything would have been perfect with Bitcoin if it could scale and reduce block time
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April 19, 2020, 07:37:40 AM
 #12

Many coins is hoping to replace bitcoin but all of them failed.Even the closest competitor which is ETH can't make it even they get more investors interest from the past year and help the price increase with the hype.

Even popular crypto enthusiasts  make their own articles that ETH is better than Bitcoin but where are ETH now and price.
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April 19, 2020, 07:58:06 AM
 #13

I don’t think that this will happen, because Bitcoin has long been in the first place in the cryptocurrency sphere and will be in the first place for a long time, so you should not even think about it, but for now you need to not lose time and earn money using investments in Bitcoin.
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April 19, 2020, 08:19:35 AM
 #14

All crypto trust is on Bitcoin and nothing else for now, the strongest community in crypto space is coming from Bitcoin, as old as it's tech is it's still the best among the rest, yes many projects have better features but people just prefer the oldy

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April 19, 2020, 10:02:01 AM
 #15

Taking into consideration the nature and redundancy of Bitcoin technology and the difficulty in scaling, I am very curious to know if Bitcoin protocol will be dropped one day and another coin build to take its place. because now it's almost like the redundancy of Bitcoin and the time it takes for a transaction to be processed is part of what is affecting its mainstream adoption as a currency. please share your thoughts.
Redundant for bitcoin? no.
There will be no coin that will take over bitcoin. If you're talking about redundancy, you should point out the altcoins and the upcoming ones.
A lot of them are new and keep on making redundant projects.

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April 19, 2020, 10:03:35 AM
 #16

We have already coin that can take the place of the bitcoin and that is the ethereum and maybe someday will have new coin will be create that can more potential than bitcoin and ethereum that can defeat all the coin but until now ether is the only coin who is qualified about that position but we don't know what year will happen.
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April 19, 2020, 10:29:54 AM
 #17

With the subject of your thread, it should "is there ANY altcoin that will rise and overtake bitcoin?" When you have that it means that someone already did but there is none and no one will do that even you say on your one of your reply that it is an "old tech" it is still the original, maybe, just maybe some other project will overtake bitcoin but not now, now in a decade but I believe in a century, it won't be taken yet.
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April 19, 2020, 10:40:41 AM
 #18

A topic that has been discussed many times in this forum for years is here again. This issue has been spoken many times over the years and the result has never changed. It's still the same now. However, the effect of Tether and its derivatives is increasing rapidly in the market. I'm not sure if Tether can beat BTC, but it seems like it can beat Ripple at any time.

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April 19, 2020, 10:40:56 AM
 #19

I think that it will happen sometime in the future.

I believe out of these three altcoins, which are Ethereum, EOS and BNB one will become the next  king of cryptocurrency. It is quiet hard but it will happen eventually.

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April 19, 2020, 11:16:01 AM
 #20

I think that it will happen sometime in the future.

I believe out of these three altcoins, which are Ethereum, EOS and BNB one will become the next  king of cryptocurrency. It is quiet hard but it will happen eventually.

This prediction is still quite far from reality because these coins are just altcoins and depend a lot on the rise of Bitcoin. Of course, you have the right to hope and choose your investment according to your preferences but certainly there will never be 3 coins over Bitcoin. I think Bitcoin will still dominate this market for a long time and no coins can be compared.

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