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Author Topic: Will Altcoins replace Bitcoin?!?!?  (Read 3516 times)
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May 05, 2021, 11:45:41 PM
 #361

replace in  better it possible , but for as king of coin in crypto market i dont think so. as pioneer in cryptocurrency bitcoin have huge fan and community , this coin has been seen as the future of payment. there are alot contribution bitcoin technology into altcoin , they adopt and improve the weakness of bitcoin so payment in future with crypto will be very easy.
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May 06, 2021, 12:21:19 AM
 #362

See how bitcoin because the most and well-known cryptocurrencies in the market and how it established its reputation in the crypto space, I think that there is no altcoin that can replace and dethrone bitcoin as the top 1 rank crypto and the king of all coins.

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May 06, 2021, 01:08:31 AM
 #363

Anything in crypto space is possible especially on the idea that there will come a time that altcoins can replace and dethrone bitcoin but I don't think that it will gonna happen so soon especially that we are just still in the process of mass adoption of several countries.

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May 06, 2021, 02:11:11 AM
 #364

Altcoins will not replace bitcoins whether they are new or old altcoins. like many opinions that say that ethereum will replace bitcoin is wrong because until now bitcoin is still the preferred investment for many people. Blockchain technology was originally introduced by bitcoin and if there is a new altcoin, of course it will be a new innovation and bitcoin will certainly be abandoned.
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May 06, 2021, 04:35:39 AM
 #365

In a sense, it has already happened. The last time I checked, the combined market cap of altcoins was slightly more than that of Bitcoin. However, if the question is whether any of the individual alts are going to replace Bitcoin, then I don't think that it is going to happen anytime soon. A huge gap exists between Bitcoin and the second placed cryptocurrency (Ethereum) as of now, and similarly the gap is too huge between the second and third placed (BNB) cryptocurrency. 

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May 06, 2021, 07:37:18 AM
 #366

Well, in my opinion, how about a "Why not?" scenario. What I mean by that is this. Bitcoin has been undisputed for such a long time now and will be undisputed for a longer time still. But you cannot be number 1 forever. Somewhere along crypto space there is this coin that has good performance, good management, good platforms and it is slowly being adapted by many. So many that in a matter of maybe 20 or 30 years from now, a new generation will accept it as the new king of cryptocurrency. So I think, it is likely that it will happen, but it will take a long time.

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May 06, 2021, 09:26:16 AM
 #367

All will not happen because since long ago bitcoin has been determined to be the king of altcoins, until now the value of bitcoin continues to increase and far from the price of altcoins that have high potential such as ethreum, but for the next few years we will not year there will be altcoins equivalent to bitcoin today, but the current record of bitcoin is very difficult to break by altcoins.

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May 06, 2021, 09:55:24 AM
 #368

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?
It is impossible altcoins can't replace Bitcoin. The dominance of Bitcoin is slightly reducing but Bitcoin is the king of crypto. You can see every altcoin is still following bitcoin

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May 06, 2021, 11:01:08 AM
 #369

I think in this crypto world anything is possible because we have all seen the up and rise of crypto currency in the pass few years and with the way dodge coin is going in the pass few months... im not saying its gonna take over bitcoin or ethereum but sooner or later someone is gonna have an awesome idea that is gonna blow everyone’s mind and can really influence the crypto world
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May 07, 2021, 09:05:21 AM
 #370

I think there will never be an altcoins that can replace BTC. Simply put, BTC was created by blockchain to be an asset, and altcoins were created to change technology.
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May 07, 2021, 12:38:54 PM
 #371

Well, in my opinion, how about a "Why not?" scenario. What I mean by that is this. Bitcoin has been undisputed for such a long time now and will be undisputed for a longer time still. But you cannot be number 1 forever. Somewhere along crypto space there is this coin that has good performance, good management, good platforms and it is slowly being adapted by many. So many that in a matter of maybe 20 or 30 years from now, a new generation will accept it as the new king of cryptocurrency. So I think, it is likely that it will happen, but it will take a long time.
totally agree, that bitcoin is the first coin in cryptocurrency. The first name will never be replaced, it's just that bitcoin has a limited supply, so that's why "why not" altcoins are the next generation of Bitcoin in the blockchain and cryptocurrency circles.

Moreover, the development of altcoins is so rapid that the changes are continuously being improved by the developers.
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May 07, 2021, 03:46:37 PM
 #372

Given the current situation, I do not see any other coin that can replace bitcoin and move the bitcoin rankings in the table.
But we call bitcoin the king of digital currencies, right?
Will a king sit on the throne for the rest of his life?
Maybe in the future Bitcoin will give its monarchy to another coin with support and with a bigger and more valuable community.
Many altcoins now have very good performance and may become rivals for Bitcoin in the future but to replace bitcoin as the king of cryptocurrencies is certainly impossible, because bitcoin is a cryptocurrency which is the embryo of the inception of other altcoins, if you are assuming bitcoin a king will die, then will there be a child who can replace his mother in everything even though his mother has died?
I think nothing will ever be able to do, Likewise with altcoins there will be nothing that can replace bitcoin in the future even though maybe later there will be altcoins that have a higher price than bitcoin but still bitcoin will still be another crypto reference.

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May 07, 2021, 04:33:03 PM
 #373

All will not happen because since long ago bitcoin has been determined to be the king of altcoins, until now the value of bitcoin continues to increase and far from the price of altcoins that have high potential such as ethreum, but for the next few years we will not year there will be altcoins equivalent to bitcoin today, but the current record of bitcoin is very difficult to break by altcoins.
The rhythm of bitcoin seems to have been the general dance of the market since all started, it is difficult for altcoins to have a chance to dance a different dance from bitcoin while bitcoin just makes another dance, it will destroy the altcoin's rhythm and force altcoins to dance with it. The advantages and strengths of bitcoin have been shaped and unbreakable, altcoins can only compete in their region and ignore the position of bitcoin, access to bitcoin remains a topic that is too far to be discussed given the stature of bitcoin right now

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May 07, 2021, 04:56:50 PM
 #374

Altcoins that would wind up substituting Bitcoin yet for the time being I don't perceive any Altcoins that is very much situated to dislodge Bitcoin. A great deal of things separate Bitcoin from Altcoins. Then again, the quantity of altcoins has been developing over the course of the years too, and no one but few can be supposed to be significant and they incorporate Ethereum, LTC, etc, these coins for instance have attempted everything they could however thinks that its difficult to supplant Bitcoin.


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May 07, 2021, 10:10:05 PM
 #375

It is almost impossible for any altcoin to replace bitcoin. If you stated that any altcoin to offer the better features than bitcoin, i would agree. But for any altcoin to replace bitcoin, that is totally impossible.

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May 08, 2021, 03:39:40 AM
 #376

I can't say that there are altcoins that may replace bitcoin but I do have some question to ask you guys. Year 2009 the bitcoin was created by satoshi nakamoto and later on another cryptocurrency is also created but the question is, during those years from 2009 until 2021, which cryptocurrency dominated all other cryptocurrency?.

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May 08, 2021, 03:59:53 AM
 #377

I don't find any altcoins to replace Bitcoin. But cryptocurrencies market fully unstable and unconditional in nature and here anything could be possible. If you think dogecoin which already Moon and a well competitor of ripple.
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May 08, 2021, 04:14:13 AM
 #378

It is almost impossible for any altcoin to replace bitcoin. If you stated that any altcoin to offer the better features than bitcoin, i would agree. But for any altcoin to replace bitcoin, that is totally impossible.

There are many alts who do offer much better service than bitcoin, particularly with transfer fees and transfer rate,

but in terms of usages bitcoin still on top as it was the first crypto that being recognize and that advantage are hard

being replaced, surpassing bitcoin needs a lots of money to flow in any alternative coin that will attempt to replace it.
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May 08, 2021, 12:34:07 PM
 #379

I can't say that there are altcoins that may replace bitcoin but I do have some question to ask you guys. Year 2009 the bitcoin was created by satoshi nakamoto and later on another cryptocurrency is also created but the question is, during those years from 2009 until 2021, which cryptocurrency dominated all other cryptocurrency?.
of course not. however, when there is an altcoin that is rumored to be closer to the dominance of bitcoin, that coin will also be affected by bitcoin price in the end.  currently, I believe that the crypto world is dominated by bitcoin because bitcoin has a big influence on altcoins, but no altcoins are able to influence bitcoin. I think it is clear that there is no altcoin that can replace bitcoin.

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May 12, 2021, 07:04:20 PM
 #380

There is no point in joining Discord because I know you just want to add to the community there Cheesy, 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.

there is no need to wait for something like that, in my opinion it will never happen until whenever why should you wait to be seen? bitcoin will never be replaced by any altcoin including altcoin BNB, Eth and others, keep in mind that nothing can replace bitcoin

I agree with your statement, if there is a statement that says like the statement above then it is a joke according to me, because there is no way Altcoin can replace bitcoin.

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