Bitcoinislife09
Full Member
 Offline
Activity: 1028
Merit: 144
Diamond Hands 💎HODL
|
 |
October 04, 2020, 08:40:31 PM |
|
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.
The bitcoin technology would stand up in the future technology-wise. The transactions definitely experienced a lot of issues and might be slow at this moment but the community is looking forward to it. The bitcoin is desirable in a lot of countries that bitcoin technology is implemented like Japan, the USA, and other countries. The difference between bitcoin with other cryptocurrency was huge because people already believed in bitcoin investing in something that doesn't have a physical value. |
|
|
|
|
|
|
|
|
|
"You Asked For Change, We Gave You Coins" -- casascius
|
|
|
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
|
|
|
|
|
|
|
amos77978
Copper Member
Jr. Member
Offline
Activity: 351
Merit: 1
|
|
October 04, 2020, 08:43:11 PM |
|
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 will take a miracle for that to happen.. as a matter of fact.. I dont even believe that is possible.. most altcoins are just riding on the popularity of bitcoin |
|
|
|
|
Twinkledoe
Full Member
Offline
Activity: 1904
Merit: 138
★Bitvest.io★ Play Plinko or Invest!
|
|
October 04, 2020, 09:27:07 PM |
|
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 will take a miracle for that to happen.. as a matter of fact.. I dont even believe that is possible.. most altcoins are just riding on the popularity of bitcoin In this life, there's always possibility that something will be created more powerful than the existing one. So for me, I don't take no for an answer here. A lot became obsolete with this digital age. But we don't know when will that happen. A lot are really trying hard to overpower bitcoin, creating better features but none of them come close to bitcoin's popularity. Maybe that creation has not been born yet. |
|
|
|
|
|
TIDOVEE
|
|
October 04, 2020, 09:31:49 PM |
|
No altcoin can surpass bitcoin for now and for the next 5 years , I can't say it is totally impossible, anything can happen as far as development is concerned and technology is improving. The altcoin miners are not relenting and must be doing everything to meet up with bitcoin. Only if bitcoin does not relent in its royalty.
|
|
|
|
|
romero121
Legendary
Offline
Activity: 3164
Merit: 1213
|
|
October 04, 2020, 11:08:25 PM |
|
By now we've got more than 7000 cryptocurrencies available in the market with around 30000 trading pairs. Same time lot many cryptocurrencies that have been developed have dead, but the same didn't make developers. They keep or creating the cryptocurrency to be better than bitcoin. With bitcoin's present value and supply it almost has got around 65% of the market capitalisation.
Everything developed and into development have something as a reference. Here the Bitcoin is kept as the reference, further everyone tries making something better and state it is better than bitcoin and some were developed dedicatedly for specific function. This is how the altcoins were getting created. So, the creation will continue, but the chance of overtaking bitcoin is very low.
|
|
|
|
|
bitcon
Legendary
Offline
Activity: 2212
Merit: 1008
|
|
October 06, 2020, 04:55:11 PM |
|
There's is no way that an altcoin will overtake bitcoin. Bitcoin is the mother of all altcoins, even ethereum cannot win against bitcoin.
It seems that everyone understands it already. The October 2020 statistics says that now, 20% more people became BTC hodlers. This is a proof that most people dealing with cryptocurrencies are absolutely sure that Bitcoin is the crypto market base. It dictates the rules of other alts behavior. |
|
|
|
|
|
semobo
|
|
October 06, 2020, 05:09:28 PM |
|
There's is no way that an altcoin will overtake bitcoin. Bitcoin is the mother of all altcoins, even ethereum cannot win against bitcoin.
It seems that everyone understands it already. The October 2020 statistics says that now, 20% more people became BTC hodlers. This is a proof that most people dealing with cryptocurrencies are absolutely sure that Bitcoin is the crypto market base. It dictates the rules of other alts behavior. Until now bitcoin is the better cryptos but we never know what we are going to see in the future.CBDC can be a bigger threat for the decentralized cryptos if every government starts to roll out them before the adoption of decentralization because people are still ignorant about centralization and decentralization. |
|
|
|
|
Plinteng
Jr. Member
Offline
Activity: 285
Merit: 3
|
|
October 06, 2020, 05:18:53 PM |
|
i think, If you are talking about price then I think it's not very easy because of the price difference between BTC and other top coins. people have different opinions and different choices besides BTC but most of them like and trust BTC more. It still has dominance over the market and still, there is no competitor yet for btc.
|
Jr Member Join EpsiLoan's Seed Sale!
(((( EPSILOAN.xyz ))))
Fair launch, No VCs or Insiders |
|
|
Pithaxz
Jr. Member
Offline
Activity: 452
Merit: 2
EPSILOAN.xyz
|
|
October 06, 2020, 05:34:41 PM |
|
it's not that easy broo, you think about bitcoin like you would any technology, it seems you think we can easily replace bitcoin with another coin but that's not true. , bitcoin is also a network which means the more people who use it, the harder it is to replace it. isn't it like that?
|
Jr Member Join EpsiLoan's Seed Sale!
(((( EPSILOAN.xyz ))))
Fair launch, No VCs or Insiders |
|
|
Mahdirakib
Legendary
Offline
Activity: 1918
Merit: 1010
In Search of Incredible
|
|
October 06, 2020, 05:40:59 PM |
|
In this life, there's always possibility that something will be created more powerful than the existing one. So for me, I don't take no for an answer here. ~
Do you really think any new coin may overtake bitcoin marketcap in future, while people are dreaming to see bitcoin price at new higher range in future. Even cryptocurrency user don't think that eth can overtake bitcoin even though it is at second position at marketcap. Nowadays we can see a lot of new project but most of them ends as scam. So I will prefer to say no about it. |
|
|
|
|
|
| R |
▀▀▀▀▀▀▀██████▄▄
████████████████
▀▀▀▀█████▀▀▀█████
████████▌███▐████
▄▄▄▄█████▄▄▄█████
████████████████
▄▄▄▄▄▄▄██████▀▀ | LLBIT | | | 4,000+ GAMES███████████████████
██████████▀▄▀▀▀████
████████▀▄▀██░░░███
██████▀▄███▄▀█▄▄▄██
███▀▀▀▀▀▀█▀▀▀▀▀▀███
██░░░░░░░░█░░░░░░██
██▄░░░░░░░█░░░░░▄██
███▄░░░░▄█▄▄▄▄▄████
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ | █████████
▀████████
░░▀██████
░░░░▀████
░░░░░░███
▄░░░░░███
▀█▄▄▄████
░░▀▀█████
▀▀▀▀▀▀▀▀▀ | █████████
░░░▀▀████
██▄▄▀░███
█░░█▄░░██
░████▀▀██
█░░█▀░░██
██▀▀▄░███
░░░▄▄████
▀▀▀▀▀▀▀▀▀ |
| | | ██░░░░░░░░░░░░░░░░░░░░░░██
▀█▄░▄▄░░░░░░░░░░░░▄▄░▄█▀
▄▄███░░░░░░░░░░░░░░███▄▄
▀░▀▄▀▄░░░░░▄▄░░░░░▄▀▄▀░▀
▄▄▄▄▄▀▀▄▄▀▀▄▄▄▄▄
█░▄▄▄██████▄▄▄░█
█░▀▀████████▀▀░█
█░█▀▄▄▄▄▄▄▄▄██░█
█░█▀████████░█
█░█░██████░█
▀▄▀▄███▀▄▀
▄▀▄▀▄▄▄▄▀▄▀▄
██▀░░░░░░░░▀██ | | | | | | | .
▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄
░▀▄░▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄░▄▀
███▀▄▀█████████████████▀▄▀
█████▀▄░▄▄▄▄▄███░▄▄▄▄▄▄▀
███████▀▄▀██████░█▄▄▄▄▄▄▄▄
█████████▀▄▄░███▄▄▄▄▄▄░▄▀
████████████░███████▀▄▀
████████████░██▀▄▄▄▄▀
████████████░▀▄▀
████████████▄▀
███████████▀ | ▄▄███████▄▄
▄████▀▀▀▀▀▀▀████▄
▄███▀▄▄███████▄▄▀███▄
▄██▀▄█▀▀▀█████▀▀▀█▄▀██▄
▄██▀▄██████▀████░███▄▀██▄
███░█████████▀██░████░███
███░████░█▄████▀░████░███
███░████░███▄████████░███
▀██▄▀███░█████▄█████▀▄██▀
▀██▄▀█▄▄▄██████▄██▀▄██▀
▀███▄▀▀███████▀▀▄███▀
▀████▄▄▄▄▄▄▄████▀
▀▀███████▀▀ | | OFFICIAL PARTNERSHIP
FAZE CLAN
SSC NAPOLI | | |
|
|
|
|
ven7net
|
|
October 06, 2020, 05:45:53 PM |
|
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.
I believe that this will definitely not happen in the foreseeable future. Recently, there has been a lot of talk about new coins ready to break out into the top, but things do not get beyond these conversations. The fact is that BTC has already earned recognition from many investors and users and other new cryptocurrencies will not be able to make the same success quickly. This may take a long time, but even if it is, there are still no competitors on the market for BTC. |
|
|
|
|
|
gabbie2010
|
|
October 06, 2020, 06:42:15 PM |
|
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.
I believe that this will definitely not happen in the foreseeable future. Recently, there has been a lot of talk about new coins ready to break out into the top, but things do not get beyond these conversations. The fact is that BTC has already earned recognition from many investors and users and other new cryptocurrencies will not be able to make the same success quickly. This may take a long time, but even if it is, there are still no competitors on the market for BTC. Exactly my take is that reputation and acceptance of Bitcoin globally goes beyond any altcoin taking over it even with its flaws, its Market Cap and Daily volume traded is huge and massive which take years to attained there is no altcoin that can achieve that feat for now, BCH, ETH should have been a potential threat to the dominance of Bitcoin however investors have more trust and confidence on Bitcoin than any other coin although its mainstream may takes years to be accomplished but we will get there someday. |
|
|
|
|
Renampun
|
|
October 06, 2020, 09:13:41 PM |
|
It works like a lottery. You will never know which altcoin will rise in price and which will fall. This is the whole point of cryptocurrency volatility. It isn't backed by anything and therefore its cost doesn't stand still.
it's unpredictable and like the lottery = Any altcoin has a chance to shift Bitcoin... but for now, I see no Altcoin that can replace Bitcoin even though it has better updates such as low fees and withdrawal processing speed. Bitcoin will not be replaced for the next few decades. |
|
|
|
Adreman23
Full Member
Offline
Activity: 1365
Merit: 107
Sugars.zone | DatingFi - Earn for Posting
|
|
October 07, 2020, 03:06:52 AM |
|
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.
I think the next bitcoin is bitcoin. have you heard about lightning networks it superfast to send and recieve transactions and solve bitcoin scaling problem. Bitcoin is the king and the future money. |
|
|
|
wheelz1200
Legendary
Offline
Activity: 3612
Merit: 1406
|
|
October 07, 2020, 03:52:11 AM |
|
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.
How in the world would bnb take over bitcoin. It exists only because binance the company exists. Bnb grew in popularity with the increase use of binance's exchange. I dont expect binance to forever be the best exchange out there. |
|
|
|
|
sourish
|
|
October 07, 2020, 05:34:04 AM |
|
Bitcoin has literally become synonymous with the representation of cryptocurrency! The very fact that the rest of the coins are 'alts' indicates its import and value. So, right now there does not seem to be any such possibility, only a pipe dream maybe!
|
|
|
|
|
Deddyhoku
Member
Offline
Activity: 580
Merit: 10
|
|
October 07, 2020, 05:42:26 AM |
|
Bitcoin is the brand here. People are using it not because it the best but because is the first. That's all
|
|
|
|
|
|
Lantind
|
|
October 07, 2020, 06:11:07 AM |
|
Bitcoin is the brand here. People are using it not because it the best but because is the first. That's all
Not only that, but most people are using Bitcoin at this time because of its widespread belief and always large volume in any market, so it's not just because Bitcoin was born as the first cryptocurrency. |
|
|
|
|
|
iTradeChips
|
|
October 07, 2020, 06:15:07 AM |
|
We have been talking about this question for so so many years. Many have thought that Ethereum has been the best contender that Bitcoin has but up to this day after more than a decade, Ethereum has not overtaken Bitcoin. So this discussion would take so many years, maybe decades before a contender would be able to surpass bitcoin. Or maybe something will happen to bitcoin and whoever is the contender will probably succeed at that point. But as I said it will take a very very long time before this question will be answered.
|
|
|
|
|
|
█▀▀▀▀▀
█
█
█
█
█
█
█
█
█
█
█
█▄▄▄▄▄ | | .
Stake.com | | ▀▀▀▀▀█
█
█
█
█
█
█
█
█
█
█
█
▄▄▄▄▄█ | | | ▄████████████████████████████████████▄
██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄
██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████
██ ██████████ ██ ██ ██████████ ██ ▀██▀
██ ██ ██ ██████ ██ ██ ██ ██ ██
██ ██████ ██ █████ ███ ██████ ██ ████▄ ██
██ █████ ███ ████ ████ █████ ███ ████████
██ ████ ████ ██████████ ████ ████ ████▀
██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██
██ ▀▀▀▀▀▀▀▀▀▀ ██
▀█████████▀ ▄████████████▄ ▀█████████▀
▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄
██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄
█ ▄▀▄ █▀▀█▀▄▄
█ █▀█ █ ▐ ▐▌
█ ▄██▄ █ ▌ █
█ ▄██████▄ █ ▌ ▐▌
█ ██████████ █ ▐ █
█ ▐██████████▌ █ ▐ ▐▌
█ ▀▀██████▀▀ █ ▌ █
█ ▄▄▄██▄▄▄ █ ▌▐▌
█ █▐ █
█ █▐▐▌
█ █▐█
▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄
▄██▀▀▀▀█████▀▀▀▀██▄
▄█▀ ▐█▌ ▀█▄
██ ▐█▌ ██
████▄ ▄█████▄ ▄████
████████▄███████████▄████████
███▀ █████████████ ▀███
██ ███████████ ██
▀█▄ █████████ ▄█▀
▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀
▀███████ ███████▀
▀█████▄ ▄█████▀
▀▀▀███▄▄▄███▀▀▀ | | | █▀▀▀▀▀
█
█
█
█
█
█
█
█
█
█
█
█▄▄▄▄▄ | | .
PLAY NOW | | ▀▀▀▀▀█
█
█
█
█
█
█
█
█
█
█
█
▄▄▄▄▄█ |
|
|
|
|
jademaxsuy
|
|
October 07, 2020, 07:05:17 AM |
|
No bitcoin is enough of which using a p2p network and are decentralized unlike in banks that our identity is at stake while they can steal it for their interest. Aside from that they let our money deposited to lend it to someone and gets high interest in it and only few percent of interest will goes to the depositor. Sad but true this is also the reason that in 2007 there was a financial crisis happening after these banks do the form of abuse. And so Satoshi decided to make everything anonymous and decentralized through bitcoin. Bitcoin is the only legit digital currency for now and more than 50% of the reported marketcap volume is for bitcoin. However, other altcoins as well done the same and likely to wanted to get pass bitcoin market.
|
|
|
|
|
|
