Bitcoin no longer relevant?

[masphie]

I believe other coins can replace bitcoin in terms of price. From another perspective, it seems impossible to replace bitcoin.
The question is, if the price of other coins can exceed the current price of bitcoin ..... can it survive like bitcoin?

[mk4]

I just paid $36 to transfer $220 worth of Bitcoin, what a f**ken joke. I hope it does become irrelevant

You didn't even need to pay $36 for a transaction fee to start with. You should know by now that fee recommendations on most(if not all) wallet software almost always overcharge for the fees and make inaccurate recommendations.

[thesmallgod]

Bitcoin is very much relevant. Maybe because of the new ETH ATH but that does not make it look as if ETH is chasing bitcoin out of relevant. If you understand some previous pump history, you will know there is always a time whereby traders will consider other coin too and their price will increase. It is not only ETH that is pumping but many others (WAVES, NEO etc.)

[infer]

Is Ethereum and other altcoins taking over and replacing Bitcoin?
If so, how fast will this happen?

I don't think it can replace bitcoin, talking about prices or other aspects.
If it's possible on bitcoin in terms of price, I don't think they can hold on as long as bitcoin. Although other currencies are growing and growing no less. But they won't replace bitcoin

[mu_enrico]

Is Ethereum and other altcoins taking over and replacing Bitcoin?
If so, how fast will this happen?

Replacing Bitcoin about what? If it is about payments, there are already altcoins that outperform BTC in tx/sec, fees, etc.
People currently only use BTC as a store of value or investment. So if it's about price (market cap), BTC will still be #1 until there is a new technology that fundamentally different from this "blockchain technology" and solves "the trilemma."

We might not call it "coins" but mana, soul, or whatever. 

[Anonylz]

Is Ethereum and other altcoins taking over and replacing Bitcoin?
If so, how fast will this happen?

Maybe we are about to witness the much awaited altseason, btc have had its share of fun this past months perhaps now is time for alts to have some fun too, that is not taking away the possibility that btc can still pull a fast one, going by analyst prediction btc haven't hit the 72k target yet, there is a possibility that will happen alongside alts bullrun,
if you don't have some alts, perhaps now is the time to pick up some good ones, for if the altseason has been activated, you wouldn't want to miss out.

[bisdak40]

Is Ethereum and other altcoins taking over and replacing Bitcoin?
If so, how fast will this happen?

I don't think  that altcoins will take over Bitcoin on the top spot of the market cap. Their run is temporary due to the endorsement of some whales but if we want our money to be safe, put it on bitcoin.

I'm trying to engaged in ETH but the high TX fee prevented me, they have to solve this if they want to sustain their run.

[(o)(o)ilikeboobs(o)(o)]

Considering the capitalization of Bitcoin and the rest of the market, perhaps Bitcoin is falling, but if you look closely, no cryptocurrency can replace Bitcoin on the chart.
Bitcoin has always been a symbol of crypto. Let's see how Bitcoin falls in price and how the remaining cryptocurrencies crash in value.
Those who have experienced the bear market will understand which crypto is king.

[AniviaBtc]

Take note that some other potential coins only rely on bitcoin's price, they are just an alternative source of profit besides bitcoin.

At the end of the day, bitcoin is the one who will still prevail in the market even if its price is very volatile in the market compared to other coins.

Bitcoin is relevant in a long run because it is the foundation of other cryptocurrencies and it is normal for its price to go down because all coins are volatile in the market.

[lionheart78]

Is Ethereum and other altcoins taking over and replacing Bitcoin?
If so, how fast will this happen?

Even though ETH is surging really well and taking some percentage of the Bitcoin dominance, I still don't think that Altcoin is taking over and replacing Bitcoin.  Bitcoin had been widely accepted and many governments is acknowledging it already.  It will take time for altcoin to get where Bitcoin is now so it isn't time for Altcoin to take over and replace Bitcoin.

[shinratensei_]

It's not taking over bitcoin and it will never happen. It looks like you are taking the marketcap as a point to determine whether the coin is still relevant to be placed at the top position or not. That's really wrong dude.
I think that you must try to take a look at the crypto cycle and ethereum bullish trend can be a signal for altcoin season.
Bitcoin is very stable doesn't mean if it will be stuck in the same place. Once there will be big news and FOMO for bitcoin will happen.
More and more major companies tried to add more bitcoin to their portfolios.

[Bitstar_coin]

Could be because the btc dominance as of today is at 45% which has reduce considerably compare to before, this could be the reason why eth is pumping, maybe soon other alts will follow eth price movement,
just because eth is pumping don't mean btc is no longer relevent, it means probably investors are shifting funds from btc to alts like eth if the alts season is begining to happen. this is a good thing for alts holders.

[iphone5s]

Is Ethereum and other altcoins taking over and replacing Bitcoin?
If so, how fast will this happen?

This is a long process for Altcoins to catch up with Bitcoin. You can judge for yourself the different interests of the 2 currencies. although there is a coin price that can catch up with Bitcoin but will not have any effect on Bitcoin. Bitcoin has its own place for people to invest in. Belief in Bitcoin will be much different from other coins, especially in coins that are just emerging on the market. With the increase in Ethereum does not mean Bitcoin will just sit there until the coin has no numbers. It's impossible

[Davian144]

Is Ethereum and other altcoins taking over and replacing Bitcoin?
If so, how fast will this happen?

What you have to understand is that nothing has been able to replace Bitcoin from the past until now, don't you see that the correction that occurs in Bitcoin will be able to be used by Altcoins, because when Bitcoin is corrected, most Altcoins also correct themselves.

[laredo7mm]

Is Ethereum and other altcoins taking over and replacing Bitcoin?
If so, how fast will this happen?

In which perspective you are using the word taking over? If you are talking about the market cap then it's not possible for a single coin to take over BTC. If you are talking about a user-friendly and least costly payments system then there are already a lot of alts that are performing well even doing better than ethereum itself. No matter how better or superior technology other alts use BTC will be the father of crypto forever.

[blckhawk]

Is Ethereum and other altcoins taking over and replacing Bitcoin?
If so, how fast will this happen?

I don't think so. Even though ETH is now showing a good run I don't think it will be enough to dethrone Bitcoin on its position. Perhaps those altcoins can outperform Bitcoin through transaction fees, speed, and more but in terms of market cap, I don't think so. Besides, the decrease of Bitcoin dominance doesn't necessarily mean it will be replaced by any altcoins, but not gonna lie this might be the start of altcoin season that most of everyone waiting for so you might want to fill your bags with some altcoins.

[Karartma1]

Let's not spread bullshit on bitcoin please.
Enjoy this ride while it lasts and remember, if you are buying ETH, that it has no HARD CAP right now. Any monetary change on ETH will have huge impacts on its future prices.
Again, enjoy the ride while it lasts.
This heavy accumulation phase may mean that 2.0 is almost near, though.

[calkob]

Is Ethereum and other altcoins taking over and replacing Bitcoin?
If so, how fast will this happen?

Anything replacing Bitcoin would destroy the store of value thesis which is a fundamental of money, this would be game over.  I dont believe it will ever happen as the market is not that stupid. 

Most people who ask or believe it are basically hoping their bags will be the one to do it.  If your altcoin could do it then what would stop your alt being replaced in 10 years by another.....? ie: Store of value would be dead.

[mr.robot8]

let's say that bitcoin has lost some of its importance on the markets but it still remains number one, let's also say that eth and bnb are doing very well but in my opinion it takes a lot before they can take the place of bitcoin and become a reference point in the world of crypto

[grabpopcorn536]

Please don't take a short-term event like ETH and altcoins going up to conclude Bitcoin is not suitable.
We have lived in bear and bull market times. Bitcoin is the market leader and leader. Let's see how Bitcoin falls in price and increases in price. Bitcoin moves first and the rest of the altcoins follow.
If this time Bitcoin really drops, panic because the altcoins will quickly be depleted.
There is no substitute for Bitcoin on the chart and we know it all the time.