Time can only tell. I think for now we can only speculate what will happen to bitcoin after all the remaining coins were already mined to which will be relevant to more more years.
And as far as one can see, many altcoins were making their presence felt in the cryptocurrency environment. Ethereum for one. Some analysts believe that "ethereum very well could be, and should be, the world’s top virtual coin. It would appear that ethereum's known developers were giving this coins smart contracts and the utility blockchain, a strong case to overtake bitcoin at some point in the future.
Topic: There is no doubt that bitcioin will be replaced by another cryptocurrency - page 4. (Read 902 times)
May 09, 2018, 12:17:27 PM
May 09, 2018, 05:54:18 AM
I had previously doubted that Bitcoin would be replaced by another currency. But my mind has changed. Because I see there are many other cryptocurrencies that the developers are trying hard to solve the problems in cryptocurrencies. What about bitcoin? We don't know who are the developers and no effort is being made to develop it.
If you don't try hard, your rivals will win. Bitcoin's rivals will win too.
If you don't try hard, your rivals will win. Bitcoin's rivals will win too.
Bitcoin is the leading altcoin and it is leading others with poles. Yes there are issues with bitcoin which the others are also having. I believe the developers of bitcoin are not sleeping they are also aware of these issues and the challenge posed by the advancing altcoins so they will be working to maintain their position.
May 09, 2018, 05:34:09 AM
I also agree with you brother
May 09, 2018, 05:33:09 AM
i don't think it should happen i don't think bitcoin will replace with another currency because the father is the father
May 09, 2018, 05:31:33 AM
In terms of the technology, there is no doubt that bitcoin is way way outdated compare to other altcoins now who has more updated and more attractive feature. Now the question is why is bitcoin in the top despite of all the problems of it? It comes to one word which is "TRUST". Since bitcoin is the first digital currency being created, many people trusted it first that they put all of their trust into it. Yes there are some altcoins there who are trustworthy that your money will not be lost but compare to bitcoin, its more trustworthy.
For your subject title, I don't think replacing bitcoin will happen because bitcoin will be bitcoin and ethereum will be ethereum. If you are saying that bitcoin will be replace as the top 1 cryptocurrency then its debatable but to replace bitcoin itself is not debatable for me.
For your subject title, I don't think replacing bitcoin will happen because bitcoin will be bitcoin and ethereum will be ethereum. If you are saying that bitcoin will be replace as the top 1 cryptocurrency then its debatable but to replace bitcoin itself is not debatable for me.
May 09, 2018, 05:30:32 AM
As a global payment method chances are good that Bitcoin stays the #1 for a long time.
The majority of people just want fast and cheap transactions. Thus, Bitcoin, Litecoin or Hashgraph will do the job with a good scale, I think.
But in some instances, people will need a private or locally driven coin. There are some promising projects that could eventually outperform BTC in the long-run (for distinct economic zones):
- Local currency creation through Colu (uses Bitcoin's Client but add a second layer protocol to it)
- (True) privacy coins like Zcash, ZenCash (fork from Zcash), or Monero
The majority of people just want fast and cheap transactions. Thus, Bitcoin, Litecoin or Hashgraph will do the job with a good scale, I think.
But in some instances, people will need a private or locally driven coin. There are some promising projects that could eventually outperform BTC in the long-run (for distinct economic zones):
- Local currency creation through Colu (uses Bitcoin's Client but add a second layer protocol to it)
- (True) privacy coins like Zcash, ZenCash (fork from Zcash), or Monero
May 09, 2018, 04:45:46 AM
I had previously doubted that Bitcoin would be replaced by another currency. But my mind has changed. Because I see there are many other cryptocurrencies that the developers are trying hard to solve the problems in cryptocurrencies. What about bitcoin? We don't know who are the developers and no effort is being made to develop it.
If you don't try hard, your rivals will win. Bitcoin's rivals will win too.
I don’t have any doubt that bitcoin will ever be replaced by any other kind of crypto currency because no other crypto currency have that potential to be very great like bitcoin and you can even look at the statistics the bitcoin tops the list of all the crypto currency in all the aspects, in valuation, in market , users trust and providing very confidential transactions and moreover bitcoin is the only crypto currency that is legalised in many countries and bitcoin is the only crypto currency that has millions of investors. If you don't try hard, your rivals will win. Bitcoin's rivals will win too.
May 07, 2018, 01:55:24 PM
I don't see this possibility anytime soon, as if you observe when market booms or market crashes all people switch to only currency they can trust and that is Bitcoin. Even if we say that bitcoin price is highly volatile due to massive whale movement but still it is most trusted cryptocurrency among all. Rest all currency seems to be under bitcoin and replacing Bitcoin will require you more than 2-3 decades easily.
May 07, 2018, 10:40:29 AM
Yes it could happen but the question is when and what alt-coin could take bitcoins place?
I think it would happen but not for a couple of years from now maybe another 8 or 10 years there would be an alt-coin that could take over bitcoin.
I think it would happen but not for a couple of years from now maybe another 8 or 10 years there would be an alt-coin that could take over bitcoin.
May 07, 2018, 10:36:51 AM
I very much doubt that any crypto currency will be replaced by bitcoin, there are competitors such as the etherium. Bitcoin always remains on the first
Bitcoin will always be bitcoin and nothing could replace that. Bitcoin is the very first cryptocurrency made and it founded the digital money. Maybe some of cryptos will be replaced but not bitcoin. Competitors of bitcoin will not win if they are planning to destroy the reputation of bitcoin because bitcoin is always at the top. May 07, 2018, 10:00:29 AM
I very much doubt that any crypto currency will be replaced by bitcoin, there are competitors such as the etherium. Bitcoin always remains on the first
May 07, 2018, 09:33:13 AM
I don't believe in that Bitcoin will be replaced by some mysterious and powerful cryptocurrency.
Besides, it's been a long time now since the Bitcoin was created, but still there is no competitor at the market.
Besides, it's been a long time now since the Bitcoin was created, but still there is no competitor at the market.
May 07, 2018, 09:22:17 AM
I do not think that bitcoin will be replaced by any other coin. because bitcoin is a very strong coin.
May 07, 2018, 09:22:08 AM
In the crypto world, bitcoin is the main thing. bitcoin is a bitcoin. Though developers behind that disappeared but look at bitcoin now. Your idea I doubted now,. Yes a lot of cryptocurrency all around but none of them seems to replace bitcoin from where is she now. bit coin is a mother of all cryptos,
May 07, 2018, 09:19:09 AM
Whether Bitcoin will be replaced by another crypto or not is a controversial question. For now Bit is a leader in cryptocurrencies, it`s №1. Time will tell what will come next.
May 07, 2018, 09:11:20 AM
I do not see a worthy replacement for bitcoin, maybe it will be an etherium, but in the very long term. While all currencies are tied to the bitcoin rate
May 07, 2018, 08:57:34 AM
That will be difficult to happen as bitcoin always shows power of pioneer.... If Ethereum that has great features and so many other coins too and yet still cant compete with bitcoin... Bitcoin will always remain the best...
I agree no once can ever replace bitcoin as digital currency in terms of popularization and stability in the world market cap bitcoin are now in the highest position almost bit the level rank of US dollar currency.
altcoins is part of virtual currency, actually even the ethereum as a second most popular coins are can't replace bitcoin as a king of virtual currency I don,t know why some people making thread negative feedback for bitcoin.
May 07, 2018, 08:45:01 AM
I saw many of cryptocurrency are came and gone.
So i think no one can repleaced bitcoin for next ten years at all.
that is my openion . Bitcoin will fly sky.
So i think no one can repleaced bitcoin for next ten years at all.
that is my openion . Bitcoin will fly sky.
May 07, 2018, 08:36:53 AM
I had previously doubted that Bitcoin would be replaced by another currency. But my mind has changed. Because I see there are many other cryptocurrencies that the developers are trying hard to solve the problems in cryptocurrencies. What about bitcoin? We don't know who are the developers and no effort is being made to develop it.
If you don't try hard, your rivals will win. Bitcoin's rivals will win too.
I think for now. No other crypto can replaced bitcoin as the number one crypto in the market. Although there are some good cryptos in the market that can be good in the future. But at the moment bitcoin will always be number one for me. If you don't try hard, your rivals will win. Bitcoin's rivals will win too.
May 07, 2018, 08:24:48 AM
I had previously doubted that Bitcoin would be replaced by another currency. But my mind has changed. Because I see there are many other cryptocurrencies that the developers are trying hard to solve the problems in cryptocurrencies. What about bitcoin? We don't know who are the developers and no effort is being made to develop it.
If you don't try hard, your rivals will win. Bitcoin's rivals will win too.
I'm not sure. The most important advantage of bitcoin is its name. You can use many altcoins but keep your savings you will always be in bitcoins. I only do one transaction per month so I'm not interested in the price and the rate of confirmation by miners. perhaps this is the main reason that developers do not want to change anything.If you don't try hard, your rivals will win. Bitcoin's rivals will win too.
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