Topic: What are the chances BTC is replaced by something better soon? - page 6. (Read 18658 times)
There is a big chance that in the near future bitcoin will be gone or be replace by other coin in market. There are more promising altcoin now compare to bitcoin but it has low popularity compare to it. But in the future these altcoins or icos will be in top that time and might have bigger value compare to bitcoin right now.
I do not see any serious competitor for bitcoin among the existing crypto-currencies. Therefore, it is unlikely that any other coin will come to replace him in the coming years.
It can not be ruled out that there will be a coin that will be able to compete and take the place of bitcoin. Certainly, it will not happen quickly, but the technology develops and there is a possibility that this may happen.
I do not see any serious competitor for bitcoin among the existing crypto-currencies. Therefore, it is unlikely that any other coin will come to replace him in the coming years.
It can not be ruled out that there will be a coin that will be able to compete and take the place of bitcoin. Certainly, it will not happen quickly, but the technology develops and there is a possibility that this may happen.
"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?
I think can not replaced bitcoin is doing best so many people use it and very popular in cryptocurrency market so what you ask for, If the number one crypto the first and at the top you use why you use other cryptos if bitcoin is flexible and the most trusted coins in cryptos. We should be wise in using other cryptos i'm grateful to use bitcoin i earn a lot and transferring money is fast rather than banks. 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?
Ghash bitfury chips will be shit in a couple months. And they won't be able to procure that many chips again from anyone. Unless they buy a company. But I don't think they are in it for the long term. If I were them, i'd be moving to the carribean soon.
"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?
This post was around 4 years ago and no crypto currency has replaced bitcoin till now it means btc is gonna remain the first and the top Crypto currency for longer periods. 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?
Indeed, this is the best indicator. Four years - quite a long time. And bitcoin showed that he took the leading position because he is the first entered the market and even after so much time it remained the leader.
In my own point of view, I really think that Bitcoin will be at the top rank for decades and no one will reach close to it, Seriously I really believe in this Innovation and technology that the Legendary Satoshi Nakamoto created and it is one of the most awesome that happened on the internet.
I agree with you and I too acknowledge the inventor of such a great innovation. I'm also of the opinion, that BTC will not be replaced as there is too much sentiment associated with this coin and people will therefore value it.
It's difficult to happen if there is a coin that can replace all the benefits and functions of Bitcoin because you can see for yourself all still depend on the price of Bitcoin at the present moment. if Bitcoin has decreased in price you can see for yourself that other coins will decrease in price.
It is not going to be happen so soon, alone BTC has around 47% dominance in the crypto World.
I do not see any serious competitor for bitcoin among the existing crypto-currencies. Therefore, it is unlikely that any other coin will come to replace him in the coming years.
It can not be ruled out that there will be a coin that will be able to compete and take the place of bitcoin. Certainly, it will not happen quickly, but the technology develops and there is a possibility that this may happen.
For me i think ETHEREUM will the one replaced bitcoin right now cause only ehtereum was the only coin that has a high price like bitcoin and ethereum is much better than any other coin cause we need it eth to move or to transac or to trade
Never bitcoin will replace no one, already tried to replace and more than once so bitcoin will always live and prosper ! Can be and will that the in the future but this hardly )
I don't see any coin that is better than bitcoin. Ethereum is also good but then more investor really wanted to stay with btc because btc is the first and the most expensive coin until now.
although i dont believe traditional currencies will be replaced anytime soon ,by the time currencies are replaced by crytocurrency we we probably be in a different system
In the short term I see nothing that could undermine bitcoins. Maybe more in the and with a lot of work and lots of costs ...
There are some altcoins that are technically better than bitcoin but the problem is that they do not have a large infrastructure that takes years to build. Many thousands of them do not have investing because many businesses or programmers and so on. The only real way to build infrastructure is to be a very famous coin or at least in the current situation.
I think the coin likely to compete with bitcoin and win is AML BitCoin. Among many other reasons the value of the AML Bitcoin is not determined by any government. Therefore, if any economic or financial instability occurs, AML Bitcoin users are not affected. Check out AML Bitcoin's website here: https://amlbitcoin.com
I do not see any serious competitor for bitcoin among the existing crypto-currencies. Therefore, it is unlikely that any other coin will come to replace him in the coming years.
I cant see bitcoin to fall to other coin in the next coming years or soon, but i know there will be a time for bitcoin to pass its throne as the king of cryptocurrency to new coin in the mere future. I believe that if there will be a coin that can rival bitcoin, it is ethereum. Ethereum has a lot of potential just like bitcoin when it started. There is a huge community that supports ethereum and its good to be part of it.
"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?
This post was around 4 years ago and no crypto currency has replaced bitcoin till now it means btc is gonna remain the first and the top Crypto currency for longer periods. 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?
Indeed, this is the best indicator. Four years - quite a long time. And bitcoin showed that he took the leading position because he is the first entered the market and even after so much time it remained the leader.
In my own point of view, I really think that Bitcoin will be at the top rank for decades and no one will reach close to it, Seriously I really believe in this Innovation and technology that the Legendary Satoshi Nakamoto created and it is one of the most awesome that happened on the internet.
I agree with you and I too acknowledge the inventor of such a great innovation. I'm also of the opinion, that BTC will not be replaced as there is too much sentiment associated with this coin and people will therefore value it.
even if such a currency would take the place of btc than it must be a government issued currency which is based on central banks otherwise it would be very hard in my opinion to replace btc.
"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?
This post was around 4 years ago and no crypto currency has replaced bitcoin till now it means btc is gonna remain the first and the top Crypto currency for longer periods. 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?
Indeed, this is the best indicator. Four years - quite a long time. And bitcoin showed that he took the leading position because he is the first entered the market and even after so much time it remained the leader.
In my own point of view, I really think that Bitcoin will be at the top rank for decades and no one will reach close to it, Seriously I really believe in this Innovation and technology that the Legendary Satoshi Nakamoto created and it is one of the most awesome that happened on the internet.
Jump to: