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Topic: What are the chances BTC is replaced by something better soon? - page 18. (Read 18658 times)

hero member
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but the market for cryptos right now is so tiny that it's unlikely that Darkcoin or any other altcoin will nudge Bitcoin out of the way.  Maybe some day, after wider option, but definitely not yet.  I don't see venture capitalists pumping money into altcoin companies.
hero member
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Darkcoin is on the move and probably objectively 'better' than Bitcoin since it is much more anonymous
legendary
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Core dev leaves me neg feedback #abuse #political
There may be an attempt by the US government or some entity to create a coin like Bitcoin but is easier to regulate and track. Of course I am  certain this would be lobbied against by credit card companies and banks because they make fortunes off fees when they transfer money and a Bitcoin like coin supported by governments that would make transactions cheap and efficient would cut into their profits.

Would never be accepted/adopted.

Trust in government is at an all time-low... They blew their chance.

If they introduced gov-coin, it would only make people flock to bitcoin that much faster.
full member
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I cant see anything replacing it any time soon. Maybe in the future but not now.
newbie
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Difficult to predict the future .. but how it looks in the near future there is no competitor Bitcoin
sr. member
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last time I checked nxt was still closed source, what's the point ?
The source code for core Nxt is at https://bitbucket.org/JeanLucPicard/nxt/src. (That may not include all the services that run on top of Nxt.)
sr. member
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I think BTC is here to stay. It already has a lot of businesses accepting Bitcoin and they will definetly keep accepting it.
We really need to thank services like BitPay for making Bitcoin easy to accept.
hero member
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zero. bitcoin gets better; can be improved
sr. member
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Quote
"Soon" would be in the next 1-3 years or so.

One of the biggest dangers for BTC is something more useful coming along and investors switching - a process which could happen extremely fast, once started.

So to all the tech savy people in here - what advantages could other cryptocurrencies bring that will give them a crucial edge over BTC, and how fast could something like that come along?

3 years is a very short time.  Currently all alt coins together have only a 10% marketshare as compared to bitcoin, of which litecoin has a huge share, so I dont think anywhere in the first 6 months. Btw, something "new" or "better" does not always replace the market.. there are platforms like Diaspora but people still use Facebook. From the developer list I know that bitcoin will be around at least 5 years more  Smiley
legendary
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I would say btc has the market cornered since it already has plenty of media coverage. A likely candidate would be darkcoin but it will never be worth as much as bitcoin.

Why Darkcoin? What advantage does it have over the already established alt-coins such as Litecoin and Namecoin? Darkcoin will face the same fate as the Dogecoin. It will have two or three months of fame, and then it will vanish just like the 99.99% of the other altcoins.
legendary
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In holiday we trust
I would say btc has the market cornered since it already has plenty of media coverage. A likely candidate would be darkcoin but it will never be worth as much as bitcoin.
newbie
Activity: 56
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Sounds like another chance to make some money:) It will take a while though, Bitcoin was the first so people will focus on it for a long time with every other coin in its shadow.
full member
Activity: 182
Merit: 100
HEy Hey HEY??
Well i dont think that in the next 1-3 years we ll have something that can replace btc. the only thing that comes to my mind is the fiat. if the bitcoin community doesnt grow more big, then there are chances that the fiat could completely replace btc.
legendary
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┴puoʎǝq ʞool┴
newbie
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Trollcoin, obviously.
full member
Activity: 176
Merit: 100
There may be an attempt by the US government or some entity to create a coin like Bitcoin but is easier to regulate and track. Of course I am  certain this would be lobbied against by credit card companies and banks because they make fortunes off fees when they transfer money and a Bitcoin like coin supported by governments that would make transactions cheap and efficient would cut into their profits.
legendary
Activity: 2072
Merit: 1049
┴puoʎǝq ʞool┴
NXT will destroy all

Doge coin? Butt seriously bitcoin will always stay around
hero member
Activity: 546
Merit: 500
Theres nothing better than Bitcoin now other than Dogecoin and Litecoin
hero member
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P2P The Planet!
The awesome part about bitcoin is the anonnymity but it's also the thing that gives it such a bad rap by the media I wonder how long bitcoins will be around from here on out.

No bitcoins anonymity is not good at all. Zerocoin is aiming to fix this and a few others.
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