Can any other crypto replace bitcoin? - page 51.

paul heman

newbie

Activity: 182

Merit: 0

Quote from: max fray on July 23, 2018, 12:28:37 PM

Quote from: TheHashkon on April 17, 2018, 08:36:41 AM

There are many cryptocurrencies out there, the fluctuation is wide and big. There’s a need of a coin that uses a process to stabilize its value.

No doubt that there is no other cryptocurrency or altcoin that can supersede the bitcoin. At least not for the next 5-10 years. Of course there are many rising competitors like Ethereum, ripple and litecoin.

Do you agree???

Yes, there a lot of competitors, but I think Lightning will help to overcome all the disadvantages of bitcoin (low speed, high transaction fees) and preserve its first place.
As you said, at least not for the several next years.
At the same time, there are projects that offer a principally new way of arrangement of blockchain (additional layers that can theoretically allow up to a million of transactions per second), so we should keep an eye on this new technology.

Bitcoin is a coin that very able to be relied upon. because with the development that is present in Bitcoin experiencing a growing development so as to generate substantial profits for future. this does not close the possibility for other coins Cryptocurrency to continue to increase and replace Bitcoin in the future.

joseherrera04

newbie

Activity: 85

Merit: 0

I doubt that some altcoin could get to the level and value of bitcoin, BTC started the whole thing in the first place so, by being the first it already has an enormous advantage over the altcoins, plus, there seems to be too much of them without any really innovative idea.

Aikolmu

newbie

Activity: 41

Merit: 0

On the off chance that I am not very beyond any doubt that another altcoin can supplant the nearness of bitcoin in the best position on the grounds that in the issues of the swapping scale is too far and takes quite a while I think it is still extremely troublesome later on altcoins to equal it.

bizzargin

sr. member

Activity: 424

Merit: 250

If we are talking about technology, it has long been made Ethereum. But if we are talking about the most capitalized coin, it is unlikely.

reynilynedago

full member

Activity: 392

Merit: 100

No doubt market has been flooded with lots and lots of cryptos and everyone is giving a tough competition to each other which has proved that crypto is on the rise but if you ask about being replaceable with bitcoins then you are mistaken. Bitcoins have really managed to have a trust in the people mind from the very start many people are still not aware of the other cryptos so people here are more into investments in the bitcoins because they feel bitcoins to be a secure investments and not be a scammer and bitcoins rates are really giving much profit to people so I can't say bitcoins can be replaced but we can have others coins with it to work upon.

acord00

jr. member

Activity: 225

Merit: 1

It is actually quite possible if the bitcoin will be replaced by other altcoins such as ethereum, ripple, or litecoin. But that is unlikely to happen in the near future. All require a travel process that is not easy. Indeed technologically, altcoin can exceed bitcoin but good technology is not necessarily can directly shift the position of bitcoin. Now bitcoin has lost technology by some altcoin but bitcoin position still above. In my opinion, the important thing is the popularity and trust of society. Ihe popularity and trust of this society that altcoin difficult to achieve to replace bitcoin positions.

Mosesayo4450

newbie

Activity: 156

Merit: 0

Hopefully anyother crypto can replace bitcoin that is if bitcoin doesn't start to make improvements on it price and worth and much more innovative and co-operative features on it services to the community.

somelink

newbie

Activity: 51

Merit: 0

I don't think that any other crypto can replace bitcoin because Bitcoin is well known in the cryptographic market, and other currencies depend on it

LuckyMan21

newbie

Activity: 95

Merit: 0

I think so far nothing can replace bitcoin in the first place. In the future, if the etherium becomes more popular, it will be able to approach bitcoin even closer

vasilvas15

newbie

Activity: 294

Merit: 0

Bitcoin is the basis of all crypto currency, and its replacement seems impossible to me. he will remain until the end of the world crypto-currency king of all other coins.

Aniwura

jr. member

Activity: 378

Merit: 1

The only coin i feel has the capacity to outrun bitcoin is ethereum, but i do not see this happening anytime soon, because bitcoin is yet to reach its threshold. Also bitcoin for now has more widespread acceptance than ethereum or any other altcoin.

Suharrik

newbie

Activity: 49

Merit: 0

bitcoin and all the rest, everything is done on the initiative of finding something from computer technology

yrrehc16

full member

Activity: 532

Merit: 101

I think nothing can replace bitcoin.
those alternative cryptocurrencies are made to support bitcoin.
no one can replace bitcoin. that is why many governments want to regulate and ban BTC.

Bet9ja111

newbie

Activity: 154

Merit: 0

Wow this is a tough one. Bitcoin has so far blazed the trail in the crypto world so it would be a mountainous task to displace it from the throne but the future is really unpredictable some factors can come in play and propel other coin but for now I don't see the possibilities

manish9841

newbie

Activity: 154

Merit: 0

We cannot rule out the possibility because innovation is imminent...for now bitcoin has taken the lead role..first as a means of transaction and now as a store of value. There are some very promising alts, and we hope that by time they will get more mainstream.

HerreraMJ

jr. member

Activity: 97

Merit: 1

I don't think so, there's already a huge amount of cryptocurrencies out there and it seems like they are not even close to the value that bitcoin holds right now, bitcoin overall continues to grow while the other altcoins continue competing with themselves and they don't even get to grow.

hhussain

newbie

Activity: 154

Merit: 0

The bitcoin may not be able to replaced and this may only be possible if there is a coin on the market which introduces something that bitcoin cannot do, I think that this would be iota since the internet of the technology industry is the future of consumer electronics

d2s4

member

Activity: 294

Merit: 12

In this time it's impossible because I don't know any promising altcoins that could be able to replace BTC. Perhaps it will appear on the cryptomarket one day.

merle

sr. member

Activity: 490

Merit: 250

So far, probably not. We realize that the many promising coins are there behind the Bitcoin. The concept and ideas are also new. However, it is still hard for them to replace or pass the BTC as it is the father of crypto. I know that some may have possibilities, but in fact, it is still far from now.

fillippone

legendary

Activity: 2268

Merit: 16328

Fully fledged Merit Cycler - Golden Feather 22-23

Quote from: fillippone on July 20, 2018, 09:27:40 AM

Long answer: NO.

Let me furtrher elaborate my long answer
Bitcoin in 10y is going to be worth either 500K USD (being conservative here compared with John McAfee) or zero.
All present altcoins will be worth zero in 10 years.
My two cents.
F1

Topic: Can any other crypto replace bitcoin? - page 51. (Read 8842 times)