Will Altcoins replace Bitcoin?!?!?

[Dexion]

Bitcoin is fonder very very difficult to replace. one founder can have many co-founder.....

Like Bitcoin is gold in crypto, and altcoin is silver, silver can never replace the value of gold, that is the reality.

[1714960336]

1714960336

[1714960336]

1714960336

[ice098]

It is not just difficult but it will be completely impossible. I have been watching such debate for years but I am sure none of us has come up with any proper reasons to have altcoins to be replacing bitcoins. When we are unable to find a reason itself, how it will be happening practically? So, I am strongly believing this kind of debate will never seed anything into real life.

If you consider bitcoin dominance in crypto space against altcoin is shrinking but that is not a measurement that we need to consider the potential of bitcoins but that is just an indication who is enjoying more new investors and nothing else.

I have seen the crypto market when it was in a bearish trend and as days and years passes by the cryptocurrency market today was too far different from the past 2 years and even in the bearish trend of cryptocurrency bitcoin was and still managee to dominant the crypto market. Thinking about the possibility that there might be a new rising altcoin that can beat up the dominance of bitcoin was possible but as of the moment it was also impossible.

[billy.ryoko]

I never believe the altcoins can replace Bitcoin, it was the first coin and the mother coin in the world, and many places accept the BTC for payment, if it was replaced by others, I think the market will be corrupted, no one will trust the cryptocurrencies again.

[daenarys_stormborn]

we can't guess what will happen to the crypto market in the future, the possibility of altcoins replacing bitcoin positions can of course happen, but this may take a while, because bitcoin is still very popular now and bitcoin remains the mother of crypto

[Pamadar]

I never believe the altcoins can replace Bitcoin, it was the first coin and the mother coin in the world, and many places accept the BTC for payment, if it was replaced by others, I think the market will be corrupted, no one will trust the cryptocurrencies again.

The advatage being the first crypto coin that's been embrace inside this market,

It's far from possibilities that any coin would replace this asset, indeed if ever that there's another project that may overtrone this coin
the chance that each time the threat of being manipulated and corrupted would happen from time to time.
Still positive that it will stay at the top far from any coin around this market.

[HanaTenun]

maybe it can, we don't know what will look like in the crypto currency market, currently bitcoin still dominates all coins everything can happen even bitcoin can suddenly fall and have no value anymore but bitcoin has received recognition from all parties and maybe it doesn't happen,  and now there are many altcoins that have very high value, maybe due to the influence of bitcoin, maybe thanks to its own potential, therefore I cannot conclude it unilaterally because the bitcoin and altcoin markets are equally strong.

[kevindjunaidi]

Will the rise of altcoins eventually lead to the demise of Bitcoin? Ultimately Bitcoin has been tested and it has a place in the crypto world. Join our  discord https://discord.gg/pp7Jwsp9 for further discussions about this topic. Tell me what you think?

Bitcoin will never die and be replaced by altcoin, because the dominance of Bitcoin is very high (more than 50% of the total market cap) and this proves if Bitcoin is very popular as an investment, therefore I believe Bitcoin will still be ranked 1 on coinmarketcap and there is no any altcoin that can replace Bitcoin until whenever.

[Rimueng]

As long as there are investors who are still investing in bitcoin, I think Bitcoin has never been replaced by any altcoin.

It will never be replaced by any altcoin. That idea is not going to happen even with a slight chance, never.

I think there are more and more interest in bitcoin every day, so it is impossible for bitcoin to be replaced.

The institutions are into bitcoin and it doesn't matter to them how much the fees are, the important part on them is that they're owning bitcoin which is the most valuable cryptocurrency.

true as you say, besides that for a billionaire interested in bitcoin because the benefits provided by bitcoin are very clear and tantalizing. therefore I am optimistic that this bitcoin is not replaced by any altcoin and will never disappear because more and more investors who have big money join Bitcoin.

[mrongoz_imut]

As long as there are investors who are still investing in bitcoin, I think Bitcoin has never been replaced by any altcoin.

It will never be replaced by any altcoin. That idea is not going to happen even with a slight chance, never.

I think there are more and more interest in bitcoin every day, so it is impossible for bitcoin to be replaced.

The institutions are into bitcoin and it doesn't matter to them how much the fees are, the important part on them is that they're owning bitcoin which is the most valuable cryptocurrency.

true as you say, besides that for a billionaire interested in bitcoin because the benefits provided by bitcoin are very clear and tantalizing. therefore I am optimistic that this bitcoin is not replaced by any altcoin and will never disappear because more and more investors who have big money join Bitcoin.

Now not only billionaire interested to make bitcoin as investment way but also many companies adopt bitcoin as payment currency, last month tesla have accepted bitcoin as payment and waiting maybe next time many companies accept bitcoin. Surely waiting when any government looks serious to allow bitcoin as legal transaction.

[manok jepang]

BTC is a digital currency that is very popular, very many billionaires and large companies around the world recommend BTC, it is impossible if altcoins to overthrow the dominance of BTC, let alone replace BTC in cryptocurrency, it is really very impossible to happen,

[aryana42]

Bitcoin is fonder very very difficult to replace. one founder can have many co-founder.....

True, Bitcoin is impossible to replace because the basic benchmark is on it so that each Altcoin developer can give birth to many Altcoins through different networks in crypto.

Like Bitcoin is gold in crypto, and altcoin is silver, silver can never replace the value of gold, that is the reality.

Obviously, Bitcoin in crypto is like a precious metal that is always valued and appreciated by everyone in crypto, so it will not be possible to be replaced by others, let alone a new token.

[tabas]

BTC is a digital currency that is very popular, very many billionaires and large companies around the world recommend BTC, it is impossible if altcoins to overthrow the dominance of BTC, let alone replace BTC in cryptocurrency, it is really very impossible to happen,

Yes, that's the term - impossible.
Those people that keeps on thinking that it's possible for an altcoin to replace bitcoin, this should sink into their minds. No way that it's going to happen. It's been more than a decade and bitcoin remains at the top.

[ijeb]

Alts may increase more in dominance but in terms of a safe store of value there is no replacement for Bitcoin. But as unforeseeable crypto world is there is a possibility for this to happen. Guess we'll know at the right moment

[CLS63]

Maybe in the future, one of the altcoins could have the dominance and take the lead in the market. But for now, it seems like a quite far probability. BTC have a huge dominance and as long as its adoption continues, it will not be easy for any other cryptocurrency to dethrone BTC.

[Bay_Harbour_Butcher]

anything can happen in the crypto world, and yes altcoins can degrade bitcoin's position, but it feels like it will still take a long time, because bitcoin is currently in very good condition, and bitcoin is one of the most promising cryptos, but there are several candidates for bitcoin competitors, namely such as ETH and BNB

[ivankoh]

Will the rise of altcoins eventually lead to the demise of Bitcoin?
Tell me what you think?

This is the funniest question I hear.  Lol, Bitcoin is unique and irreplaceable.  Over the past 12 years, bitcoin has retained its gold position, not only that it also becomes stronger over time, space.  Now that bitcoin has a total capitalization roughly like other big names like Amazon, Microsoft ... trillion assets, total bitcoin capital accounts for more than 55% of the total market capitalization.  What will change?  Not yet and won't be!  There will be predictions like ETH, BNB, ADA, TRX, ... etc.  it's just the flavoring spice for bees looking for honey.

[SacriFries11]

Maybe in the future, one of the altcoins could have the dominance and take the lead in the market. But for now, it seems like a quite far probability. BTC have a huge dominance and as long as its adoption continues, it will not be easy for any other cryptocurrency to dethrone BTC.

It's not possible that it could happen but I think it takes a long way to go before it could happen. I jus trust BTC more than any of the altcoins, it's pure, and the first decentralized cryptocurrency ever created. All the altcoins have pairs with it and BTC have a lot of adopters day by day. BTC is the face of cryptocurrency. There are so much supports and if BTC could be, replace I think it be gigantic token that created and I do not see yet any tokens that get closer to it.

[mrongoz_imut]

Maybe the same price with bitcoin one day later have chance for eth but impossible have new altcoin will replace with bitcoin, maybe today become your reason why never have any altcoin can't replace with bitcoin, check when bitcoin down maybe 10% almost altcoin dump more than 50%, you can see what happen if bitcoin dump half and how cheapest price from altcoin.

[2tang]

BTC is a digital currency that is very popular, very many billionaires and large companies around the world recommend BTC, it is impossible if altcoins to overthrow the dominance of BTC, let alone replace BTC in cryptocurrency, it is really very impossible to happen,

Obviously this will not be possible because in the past when Altcoins did not exist, Bitcoin was already very strong, and for now if anyone says Altcoins will replace Bitcoin, it is necessary to ask him, since when did he know Bitcoin

[Fredomago]

BTC is a digital currency that is very popular, very many billionaires and large companies around the world recommend BTC, it is impossible if altcoins to overthrow the dominance of BTC, let alone replace BTC in cryptocurrency, it is really very impossible to happen,

Yes, that's the term - impossible.
Those people that keeps on thinking that it's possible for an altcoin to replace bitcoin, this should sink into their minds. No way that it's going to happen. It's been more than a decade and bitcoin remains at the top.

Yeah right, but we can't stop them either they are promoting their supported alts or they are only chilling to shake the market for their benefits.

It's impossible as the amount of flowing money inside this asset is already huge, any alts who attempt to overthrone Bitcoin needs to have a very huge amount of money.

Let them think to what their minds tells them, they'll wake from this dream anyway..