Bitcoin no longer relevant?

[iamsange]

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

I don't think it can happen. Because bitcoin community itself is bigger and bitcoin already to be core of cryptocurrency. Not that easy to altcoins to replace bitcoin although it have more price than bitcoin. In past there are some coins which have higher price than bitcoin but never replace bitcoin.

[Arkann]

in any case, Bitcoin remains the leader in the cryptocurrency market not only in terms of capitalization, but also in terms of the superiority of trade volume. But many analysts are already pointing to other data that suggests that many investors are already more interested in investing in Ethereum than in Bitcoin. To date, the capitalization of Ethereum has almost reached 30%, and Ethereum achieved such indicators earlier in early 2017.

[Kasabus]

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

I don't think it can happen. Because bitcoin community itself is bigger and bitcoin already to be core of cryptocurrency. Not that easy to altcoins to replace bitcoin although it have more price than bitcoin. In past there are some coins which have higher price than bitcoin but never replace bitcoin.

Altcoins will never be too relevant like what bitcoin do. So it will never take over bitcoin's position today nor in the years to come. Altcoins prices may be surging these days but believe me its temporary. Once the market turns into bearish, prices will drop off and even bitcoin do that. But knowing the fact that bitcoin dominates the crypto world, it will never be that easy to replace it.

[suryogandul]

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

speculation is hard for an altcoin to replace bitcoin. from market capitalization it is different if bitcoin is higher than altcoin, then from what aspect can you be sure if bitcoin will be displaced by altcoins? can you explain?

[Dexion]

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

Replacing bitcoin? It's just like a dream, so far many altcoins have developed very well, but again it will only be a dream to replace bitcoin, even after Ethereum can't surpass it.

[1l1l11ll1l]

As long as crypto is still active as a profitable investment, bitcoin will never become irrelevant. bitcoin is a pioneer for the entire community and also the current crypto era, it can be said that the fundamental of all current crypto is bitcoin, imo

[HanaTenun]

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

the throne of Bitcoin will not be replaced by any altcoin, Bitcoin is the predecessor of the coin.
Crypto currency is also widely known because Bitcoin, Ethereum and Bitcoin prices are also very far apart so it will not be possible.

[beerlover]

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

I do not think that it is even gradual; there is no possible way that any other coin replace it. I get that bitcoin went down to 45% dominance and I get that it is 54k right now with 7% or so drop, and I can see that ETH had a great period and it increased all the way to 3.3k and beyond, with ETH having 17% or so dominance all by itself. These are all things that make it look like there is a chance that ETH could overtake bitcoin one day, and it looks like there is a possibility.

However remember that bitcoin has 1 trillion dollar marketcap whereas ethereum has less than 400 billion dollars. Which means it needs to go up 2.5x more on top of what it has already gone up, and that will result with the increase, that is not really possible without bitcoin moving at all. I believe it is going to be a lot more challenging then what we have seen so far.

[Slow death]

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

why the hell didn't you just use another altcoins faster? bitcoin has high rates and everyone knows it, it is not a secret to anyone, and see that even with this problem bitcoin is with a big adoption and a very high price that until months ago was given as a very distant dream. It is an annoying situation that you will have to pay a $32 fee without a doubt. so I advise you to choose other altcoins for transactions


the day that bitcoin ceases to be relevant all altcoins will be dead

[agg2702]

I think you have to use an argument with a clear basis or source.
because of this I think it's just an unclear argument, because until whenever I think eth and altcoin have not been able to replace the role of bitcoin from the king of coins.
Even if you see this only from bitcoin corrections and experiencing a decline in the past few weeks I don't think it can be used as a reference because if we see now bitcoin has started to rise again to the surface as usual.