MarjorieZimmermanGinger
|
|
May 02, 2021, 02:29:15 AM |
|
Nothing will replace bitcoin. If there is an altcoin that can replace it we can be sure we will see a crash in the cryptocurrency market. The blockchain that exists today is also because it was originally from bitcoin and if it is replaced, of course there will be new technology that in the future will make people interested. for now nothing can replace. the marketcap itself is also quite large at this time bitcoin
|
|
|
|
Golftech
|
|
May 02, 2021, 02:37:53 AM |
|
Nothing will replace bitcoin. If there is an altcoin that can replace it we can be sure we will see a crash in the cryptocurrency market. The blockchain that exists today is also because it was originally from bitcoin and if it is replaced, of course there will be new technology that in the future will make people interested. for now nothing can replace. the marketcap itself is also quite large at this time bitcoin
For now, Bitcoin will continue to on top and it will be tough for any alt projects to surpass its success, Future is not ours to dictate, the conclusion of what will happen on that day will still unknown and only time can reveal the fate of this industry. Bitcoin dominance from how we see it today is really still on its peak, alts are following but nothing is really taking that huge move to replace bitcoin from the top seed.
|
|
|
|
Asuspawer09
|
|
May 02, 2021, 08:33:49 PM |
|
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? I don't think so When you compared Ethereum and BNB which are the tops cryptocurrency altcoins in the market it has a different use case so I don't think there will actually going to replace bitcoin at some point. What I mean here is it is solving different problems in society, Ethereum is just like the Internet or something similar to BNB, others are used for something. We could probably say that it is possible to surpass the market price of bitcoin but to replace bitcoin is different because it a different and at the same, it is bitcoin that is not an altcoin. Dethroning bitcoin is possible and as we observe the market it is possible to multiply a market cap in just a short time, but nothing will replace bitcoin because it is the first one and that also makes it unique because it is not a copy.
|
|
|
|
Rimueng
Member
Offline
Activity: 379
Merit: 12
Axioma Holding - Axioma Pay Crypto Card
|
|
May 04, 2021, 08:42:19 PM |
|
There is no point in joining Discord because I know you just want to add to the community there , it's very clear and maybe everyone knows that altcoins can never kill bitcoin, if bitcoin dies of course altcoins too your statement makes perfect sense, there is no altcoin that can change the value of bitcoin and also will never replace bitcoin even though various discussions are being held in my opinion that no one will dare to say that bitcoin will be replaced by altcoin.
|
|
|
|
CryptoCrookz
Jr. Member
Offline
Activity: 53
Merit: 2
|
|
May 04, 2021, 08:56:34 PM |
|
The crypto world is definitely going towards more diversity. However for a crypto to replace BTC as the top dog it would need something to trump the security of Bitcoin. BTC is the most secure cryptocurrency due to the size of its network, the decentralization of the community and the years of optimization and loophole closing it has undergone. Perhaps one of the transactional meta-cryptocurrencies takes it place at some point. But for now also due to the trust of institutions it is and will remain the king for the foreseeable future.
|
|
|
|
kesmex
Full Member
Offline
Activity: 1110
Merit: 104
The OGz Club
|
|
May 04, 2021, 09:02:05 PM |
|
There is no point in joining Discord because I know you just want to add to the community there , it's very clear and maybe everyone knows that altcoins can never kill bitcoin, if bitcoin dies of course altcoins too your statement makes perfect sense, there is no altcoin that can change the value of bitcoin and also will never replace bitcoin even though various discussions are being held in my opinion that no one will dare to say that bitcoin will be replaced by altcoin. It is certain and either changing or replacing bitcoin is not possible, even a coin like ethereum would not be in vain if we hoped it would, I myself don't understand why people discuss such nonsense
|
|
|
|
Cappex
Member
Offline
Activity: 571
Merit: 11
|
|
May 04, 2021, 09:14:29 PM |
|
The crypto world is definitely going towards more diversity. However for a crypto to replace BTC as the top dog it would need something to trump the security of Bitcoin. BTC is the most secure cryptocurrency due to the size of its network, the decentralization of the community and the years of optimization and loophole closing it has undergone. Perhaps one of the transactional meta-cryptocurrencies takes it place at some point. But for now also due to the trust of institutions it is and will remain the king for the foreseeable future.
I agree and believe that its main feature, namely that of not knowing its creator, is a huge advantage that other projects do not have.
|
|
|
|
pelumi20
Member
Offline
Activity: 712
Merit: 15
SmartFi - EARN, LEND & TRADE
|
|
May 05, 2021, 11:17:13 AM |
|
I do not think it is possible for any altcoin to replace bitcoin. Bitcoin is the first ever cryptocurrency and it is the king of all cryptocurrency. All other coins in the crypto market derive their value from bitcoin, so it is nearly impossible for any altcoin to replace bitcoin (not even ethereum).
|
|
|
|
kapalmabur
|
|
May 05, 2021, 11:47:36 AM |
|
I do not think it is possible for any altcoin to replace bitcoin. Bitcoin is the first ever cryptocurrency and it is the king of all cryptocurrency. All other coins in the crypto market derive their value from bitcoin, so it is nearly impossible for any altcoin to replace bitcoin (not even ethereum).
Yes, I agree with that even though altcoins like ethereum will not be able to replace bitcoin, and I think it makes no sense it seems that altcoins replace bitcoin, apart from that let's see how far bitcoin is going to go and of course it's interesting to look forward to
|
|
|
|
Sindicatout
|
|
May 05, 2021, 12:40:29 PM |
|
Altcoins have long since replaced bitcoin. Transactions are faster, cheaper, and more convenient. It is strange that the author of the topic has a question right now. It is in the first place only because of the capitalization
|
|
|
|
bonyaserg
Jr. Member
Offline
Activity: 1876
Merit: 5
|
|
May 05, 2021, 12:54:18 PM |
|
Personally, I believe that Bitcoin is the very first coin that was created and will remain that coin until the very end. The Bitcoin coin has great advantages as it was created on the basis of blockchain technology and has more autonomy compared to all other coins. So bitcoin took the very first leading place in the crypto market.
|
|
|
|
Shallow
Sr. Member
Offline
Activity: 938
Merit: 255
SmartFi - EARN, LEND & TRADE
|
|
May 05, 2021, 03:01:34 PM |
|
No they will not, because Bitcoin is a coin that is highly sought for by a good number of people and investors because they know and believe that it will lead the crypto space into the future. Just like you rightly said, Bitcoin has been tested and has proven to be the best till date. Altcoins on the other hand, will always maintain their positions which is below Bitcoin, and I don't even think that Ethereum will even grow to an extent that it will replace Bitcoin. In addition, many people complain that Bitcoin transfer fee is high and transactions speed slow but yet it has maintained its spot as the best coin over the years thus showing that the potential it offers is one of kind and one which is highly needed in the world.
|
|
|
|
Atang Sulaeman
|
|
May 05, 2021, 03:13:09 PM |
|
For the near future, I'm not sure there is an altcoin that can replace BITCOIN's position, but I don't know for the next years whether BITCOIN's position will be replaced or will remain stable.
|
|
|
|
prosperoustop
Jr. Member
Offline
Activity: 658
Merit: 1
|
|
May 05, 2021, 03:34:50 PM |
|
I see how eth growinf last days and I think it will starts the season of altcoins, investors take attention for eth and altcoins, BTC stay on place!
|
██▀ █▀ L A N U N A ⬤ F I N A N C E ▀█ ▀██ HIGHEST FIXED APY | 1,822,684.19% |
|
|
|
StevenCS
Member
Offline
Activity: 319
Merit: 10
Apeswap Finance
|
|
May 05, 2021, 04:07:51 PM |
|
nothing is impossible in the world of crypto, because many things that we did not expect, have happened and become real, for example doge, xrp, bnb and many more, so in my opinion it is very possible if there are altcoins that can shift Bitcoin's position in the future.
|
|
|
|
Spanopohlo
Full Member
Offline
Activity: 322
Merit: 101
Aim High! Bow Low!
|
|
May 05, 2021, 05:17:56 PM |
|
In the Future perhaps but for now, it can never replace the Bitcoin, king of all coins, making it the reference of other coins like Altcoins. Some coins like Doge and ETH are raking up higher values making investors look it up. On the other hand, altcoins are more convenient to use rather than bitcoin with its processing in transaction, its fast and cheaper. The crypto world is always changing, its better to always be updated and watch what happens next.
|
|
|
|
Rimueng
Member
Offline
Activity: 379
Merit: 12
Axioma Holding - Axioma Pay Crypto Card
|
|
May 05, 2021, 11:11:25 PM |
|
There is no point in joining Discord because I know you just want to add to the community there , it's very clear and maybe everyone knows that altcoins can never kill bitcoin, if bitcoin dies of course altcoins too your statement makes perfect sense, there is no altcoin that can change the value of bitcoin and also will never replace bitcoin even though various discussions are being held in my opinion that no one will dare to say that bitcoin will be replaced by altcoin. It is certain and either changing or replacing bitcoin is not possible, even a coin like ethereum would not be in vain if we hoped it would, I myself don't understand why people discuss such nonsense ethereum itself will not be able to replace bitcoin, don't expect the impossible. I think it's a hopeless hope. maybe someone wanted to see what would happen if something like this one discussed happened.
|
|
|
|
mamiko
Member
Offline
Activity: 294
Merit: 11
|
|
May 05, 2021, 11:15:11 PM |
|
The rise of altcoins is of course a good thing. but I don't think they will replace bitcoin. Is there an altcoin that can replace bitcoin in this market? If there is a coin that can replace bitcoin, it can only be content with getting closer to bitcoin. bitcoin is the pioneer of this market. it is very difficult, maybe impossible, to replace it. I think the death of bitcoin would be the death of this market. If we think like the speed of light, whatever we do, we have to be content with only getting very close to the speed of light. this is similar to him.
|
|
|
|
nurilham
|
|
May 05, 2021, 11:21:50 PM |
|
The rise of altcoins is of course a good thing. but I don't think they will replace bitcoin.
I agree, no altcoin can replace Bitcoin although altcoins are improving very significantly. It is not the first time that atcoins are improving massively, it happens on every altcoins season exactly. We know it happened for years but till now Bitcoin even has no competitor. Ethereum or BNB coin is the nearest coins to compete with Bitcoin, however no signs if those can replace Bitcoin. So, till now, we don't have a sign that there is an altcoin that can replace Bitcoin.
|
|
|
|
jpnl0006
Jr. Member
Offline
Activity: 480
Merit: 4
|
|
May 05, 2021, 11:34:03 PM |
|
Never will altcoins replace bitcoin. it is well noted that bitcoin has made loads of marks even before the birth of altcoins but then altcoins can not make the wavs that swallows bitcoin, Bitcoin still remains the flagship although it might loose the dominance it has to altcoins but it doesn't mean that it is being replaced by altcoins. 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?
|
|
|
|
|