Topic: could bitcoin be replaced by another crypto currency? (Read 11974 times)
It is difficult to actually replace the role of bitcoin. because bitcoin is too strong to be equaled by new ico or coin. community and popularity are very high makes it difficult to be a counter
The probability that bitcoin will leave the market is minimal, but to replace bitcoin from the first place, it may well, but only if the coins exceed the market capitalization of bitcoins.
Bitcoin is popular but not safe enough. I think in the future there will be another coin that will replace bitcoin. A coin that is safer than bitcoin.
i do this question because i´ve read in this website issues with bitcoin, slow mining process, high fees, etc. and i´ve read too good reviews of some altcoins, ethereum (smart contracts), ripple (for transfers between banks), dash and nem. these altcoins called 2.0. could bitcoin become just in future virtual gold reserved to companies and rich people?
anything can happen, but I do not think bitcoin can be replaced by other crypto currencies because bitcoin is a crypto king and bitcoin is still a favorite coin.
Other crypto currency might come and go, but I do believe and hope that bitcoin will last for a ling time.
Ethereum might be a good coin, but i do not think that it will really replace bitcoin, just take a look at the charts and you will see that ethereum goes down faster than bitcoin.
Bitcoin is more useful.
Bitcoin is more useful.
Of course it can and in my opinion it will be etherum, i am just scared that this will happen in nearest years and market could just crash for longer that it happend some times like for example now.
Of course it can and in my opinion it will be etherum, i am just scared that this will happen in nearest years and market could just crash for longer that it happend some times like for example now.
We all knew the bitcoin structural problem.
But if we are talking about general acceptance, the majority of population starts just now to talk about bitcoin, and it has no idea about altcoins.
So, it will be difficult to change this kind of perception.
But if we are talking about general acceptance, the majority of population starts just now to talk about bitcoin, and it has no idea about altcoins.
So, it will be difficult to change this kind of perception.
i do this question because i´ve read in this website issues with bitcoin, slow mining process, high fees, etc. and i´ve read too good reviews of some altcoins, ethereum (smart contracts), ripple (for transfers between banks), dash and nem. these altcoins called 2.0. could bitcoin become just in future virtual gold reserved to companies and rich people?
anything can happen, but I do not think bitcoin can be replaced by other crypto currencies because bitcoin is a crypto king and bitcoin is still a favorite coin.
We couldn't really predict if there would be another crypto to take over bitcoin,
There are so many crypto currencies that are blooming or there are new crypto currencies almost every week.
So we couldn't really know if one of them are going to replace bitcoin soon.
There are so many crypto currencies that are blooming or there are new crypto currencies almost every week.
So we couldn't really know if one of them are going to replace bitcoin soon.
it quite possible because there many crypto has a potential, there are many big players or investors in this industries but its not an easy task to replace bitcoin because what bitcoin done in the crypto world its like a history and there are still many supporter of bitcoin so for now I can't imagine what kind of crypto that can replace bitcoin.
i do this question because i´ve read in this website issues with bitcoin, slow mining process, high fees, etc. and i´ve read too good reviews of some altcoins, ethereum (smart contracts), ripple (for transfers between banks), dash and nem. these altcoins called 2.0. could bitcoin become just in future virtual gold reserved to companies and rich people?
anything can happen, but I do not think bitcoin can be replaced by other crypto currencies because bitcoin is a crypto king and bitcoin is still a favorite coin.
Everything is possible, but it's very unlikely: even if bitcoins has very well know structural problem, it will be very difficult for another currency to replace it.
But of course, if a big entity as facebook or Google will enter in the cryptomarket with its own coin... well, in this case, not only bitcoin, but the dollar itself will be replaced!
But of course, if a big entity as facebook or Google will enter in the cryptomarket with its own coin... well, in this case, not only bitcoin, but the dollar itself will be replaced!
there is currently no one to replace bitcoin, but surely there will be coin can beat the dominance of bitcoin in terms of distribution, currently bitcoin is not replaceable because many markets or users who have common use of this coin. if there are other coins that have the trust and market equivalent to bitcoin, it is certain that bitcoin no longer dominates, exchange rates do not become the benchmark for determining power.
i do this question because i´ve read in this website issues with bitcoin, slow mining process, high fees, etc. and i´ve read too good reviews of some altcoins, ethereum (smart contracts), ripple (for transfers between banks), dash and nem. these altcoins called 2.0. could bitcoin become just in future virtual gold reserved to companies and rich people?
anything can happen, but I do not think bitcoin can be replaced by other crypto currencies because bitcoin is a crypto king and bitcoin is still a favorite coin.
Bitcoin should remain crypto-gold, and for daily purchases, you need to use a different currency with a large number of coins, lesser value and lower transaction fees.
Indeed there are a lot of crypto that has a lot of advantage than bitcoin. No crypto is perfect, we know that already. But bitcoin already have a lot in hand. Most shop that are crypto-accepting have already invested on bitcoin nd would be long to take another risk on another alternative coin. Most people don't have an idea on alternative coin and more comfortable in using bitcoin.
Only the speculator and noob trader do not care the growth and the ability of altcoin (other cryptocurrency different Bitcoin). Bitcoin system is not perfect. Although in the past, it was used so good, but today, it needs to improve more before comeback to the cryptocurrency world.
Indeed there are a lot of crypto that has a lot of advantage than bitcoin. No crypto is perfect, we know that already. But bitcoin already have a lot in hand. Most shop that are crypto-accepting have already invested on bitcoin nd would be long to take another risk on another alternative coin. Most people don't have an idea on alternative coin and more comfortable in using bitcoin.
Who know? Twenty years ago Altavista was the biggest search engine, yahoo was just a directory and google didn't exist.
Then, the situation evolved, and now Altavista is just a piece of history.
Today bitcoin is the star, but... tomorrow?
that were search engines mate bitcoin is the only currency which is giving people a lot since it has started and people will never get bored of it so there is no chance that any other currency will replace bitcoin because people meant to earn money and no other coin has so much popularity or will gain that level of popularity which will beat bitcoin, Then, the situation evolved, and now Altavista is just a piece of history.
Today bitcoin is the star, but... tomorrow?
Who know? Twenty years ago Altavista was the biggest search engine, yahoo was just a directory and google didn't exist.
Then, the situation evolved, and now Altavista is just a piece of history.
Today bitcoin is the star, but... tomorrow?
Then, the situation evolved, and now Altavista is just a piece of history.
Today bitcoin is the star, but... tomorrow?
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