There is no doubt that bitcioin will be replaced by another cryptocurrency - page 9.

JimmieA

sr. member

Activity: 396

Merit: 250

Quote from: Rozita on May 03, 2018, 09:31:29 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 do not think btc can easily be replaced by another crypto. Because in my opinion, btc is the basis of cryptocurrency. In order to have a solid market, the new altcoins are based on btc's blockchain technology. So, I think btc can not be replaced by any other crypto, unless a different technology like blockchain appears.

cryptotezi

newbie

Activity: 140

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I think it would be tough to replace bitcoin. Since bitcoin is the pioneer in crypto industry, so the replacing one has to be prospective with great value back.
However, no matter what happens. We all just be careful regarding this kind of issue.

vv181

legendary

Activity: 1932

Merit: 1273

Quote from: Rozita on May 03, 2018, 09:31:29 AM

What about bitcoin? We don't know who are the developers and no effort is being made to develop it.

Bitcoin is an open source project everyone can contribute to Bitcoin, and the lightning network is being developed mainly because of Bitcoin. If you are trusting the project based how the team performs, then you do it wrong.

gorbabtc

newbie

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Quote from: Rozita on May 03, 2018, 09:31:29 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 ETH has already replaced it as the most widely used payment option. I see most of the clients prefer paying in ETH now as it has less fees.

aitrading

newbie

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Well, it depends how BTC will be developed. But first will stay first Wink

Crypdon

member

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There is one thing that is missing in your assumption (OP) which is brand awareness. For those outside of crypto they will only know bitcoin and won't bother to learn about all the benefits of ethereum, litecoin, etc.. They will stick to what everyone else is using and that will be bitcoin (original, not cash)

DatKing

member

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I don't think that Bitcoin can be replaced by a different cryptocurrency like that easy. Bitcoin is a pioneer digital currency in this market. People trust and use Bitcoin more than other digital currencies.

squatz1

legendary

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Merit: 1285

Flying Hellfish is a Commie

While this has been said time and time again. simply repeating something isn't going to make it true. Most of the othercoins in crypto are shitcoins, the only ones which are notable (but in my view still can't takeover) is a coin like Ether.

Ether is the only real coin that matters, and even that doesn't have the history, the amount of money involved, and the amount of people involved (people using it for a currency) for it to takeover bitcoin in its control over the market.

Kprawn

legendary

Activity: 1904

Merit: 1074

Bitcoin has some of the most brilliant open source developers in the world. Everyone is free to propose code changes and to test,

review and comment on open Pull Requests. Here are some of the most recent contributors :

https://github.com/bitcoin/bitcoin/graphs/contributors?from=2017-03-01&to=2018-05-03&type=c We have also seen other

communities developing other technologies that would improve Bitcoin, like https://dev.lightning.community/ Wink

BraveSaw

newbie

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If we are talking about long term perspective, then most probably yes, some other crypto can become morepopular or lets say more useful in future needs and because of that can replace bitcoin

Master Third

newbie

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Quote from: Rozita on May 03, 2018, 09:31:29 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.

Look knowing the people behind this token is not a good ground to believe that it will be replace by other crypto, and what kind of effort you want to see. Bitcoin has the power to control all the price of crypto currency in the market, this does mean that there is no effort is required so far. Also the fees now is not expensive when making a transaction. As we can see knowing the developers behind it is not necessary as long as we are witnessing the changes and answering to the call of the community. There are projects that provide the information of the team but at the end no progress, it doesn't make sense at all.

badakjawa

member

Activity: 336

Merit: 20

what do you think crypto can solve market problems? ETH? Ripple? monero?

What coins do you think is good and can replace bitcoin?

your prediction, when bitcoin will be replaced? more specific

bct-72

newbie

Activity: 98

Merit: 0

At the moment bitcoin is very strong. But it is possible because bitcoin has some weak points against some other coins.

Meysa_richa

member

Activity: 458

Merit: 10

Until now bitcoin is very strong and I think it is very difficult to replace bitcoin, bitcoin will always be the main one.

neerajimittal

newbie

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Bitcoin, being the first decentralized digital currency, has earned its popularity among the people especially to those who are engaged in cryptocurrency. the developers are trying hard to solve the problems in cryptocurrencies.

bitmover

legendary

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Merit: 6089

bitcoindata.science

Quote from: Rozita on May 03, 2018, 09:31:29 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.

wtf are you talking about...

Solving what problems? Energy consumption? This was never a problem.

Transaction fees? Fees are low now with segwit and will be even lower on lightning. Ethereum fees are cheaper because transaction volume is smaller.

Also, any improvement made in any other cryptocurrency, bitcoin can just copy it and use it too.

I don't think Bitcoin will be replaced. There is space for many cryptocurrencies. Ethereum and Bitcoin are not rivals, nobody is competing so no one will win. They have different propositions. Ethereum is not supposed to be a global currency.

ArkiCrypto

member

Activity: 238

Merit: 33

Bitcoin, being the first decentralized digital currency, has earned its popularity among the people especially to those who are engaged in cryptocurrency. In comparing the different variants of digital currency such as bitcoin and altcoins, there's going to be one of them which will top the race with the bases of popularity, value price, duration of subsistence, continuance of development and a lot more preferences that takes in mind of the people.

Today, bitcoin being the most well-known digital currency and preferred by the many, I do not think that it will be replaced by another cryptocurrency anytime soon. Yet, in this continuing growth of this industry it is not impossible for a new cryptocurrency to blossom.

TepungBeras

jr. member

Activity: 176

Merit: 1

Presale is live: BitPenta.com

I think so too that bitcoin will someday be replaced by its competitors and I see ethereum as a coin ready to replace.

Bitcoinnumberone

member

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Merit: 10

Quote from: taeewo on May 03, 2018, 09:39:54 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 strongly disagree. Bitcoin will always be bitcoin. It will never fade. It might just go on its downtrend and uptrend but this bitcoin will not die. There are a lot of cryptocurrencies out there but bitcoin is unique and is indeed offers a lot of opportunities to many.

Jansaa

full member

Activity: 392

Merit: 105

I do not doubt that, the development process always need to change, if the BTC does not keep up, there will be other digital money replacement! This is evident in the development,
People follow that law too!

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