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Topic: What is the probability of Bitcoin being replaced? - page 2. (Read 1874 times)

legendary
Activity: 1148
Merit: 1048
Very high, and likely. I think a government sponsored, centralized replacement will pop up eventually, and bitcoin might be made illegal. But, this will drive the price of bitcoin up, as it will be rarer, and still anonymous. I can certainly see bitcoin becoming a black market currency in the future.
legendary
Activity: 980
Merit: 1000
Don't Hesitate to Tip me for My Helps and Guides.
I don't think so it could be possible ever. All altcoins inspired by bitcoin and created after years of creating bitcoin. bitcoin is the first and biggest crypto currency so my answer is no.
If etherium is getting more popularity and peoples more getting enter to it then bitcoin is getting even more popularity every day and thousands of dollars being traded and exchanged every day with bitcoin.
and it remains for long time.

For temporary there are no coin that can be compare with bitcoin, bitcoin still the most famous and still the most used coin globally, but for a long term maybe there will be another coin to replace bitcoin its all depend on the coin user

no. i won't happen in future also. no matter how long term it could be. bitcoin can't be replaced by any altcoin.
legendary
Activity: 1666
Merit: 1001
It will be very difficult to replace bitcoin, more and more people already adapted bitcoin and some of the story starting to accept bitcoin, ethreum ever claimed that was going to replace bitcoin, but up until now there still no big movement from ethereum. So i dont think ethereum is a big threat to bitcoin
full member
Activity: 196
Merit: 100
no i dont think that Ethernet is not a threat for bitcoin. i dont think any currency can merged bitcoin. but i am worrying that bitcoin will merge the other currencies in it. because bitcoin is still on number one as compare to all other currencies.
legendary
Activity: 3206
Merit: 1213
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Probability of bitcoin getting replaced is very low. The reason is that follow the bitcoin's development several digital currencies got existed back to back. Among all those bitcoin is the one that survived long with such a growing potential and increased price.
hero member
Activity: 3094
Merit: 929
Is Ethernum a threat to Bitcoin?

-Ethernum is faster than bitcoin
-has been gaining popularity
-its good for smart contracts.

Is Ethernum going to replace bitcoin, die out as a fad or coincide with bitcoin? Are we likely to see any altcoin possibly kill bitcoins or will bitcoin simply incorporate any improvements from altcoins, taking away all advantages.

Maybe ethereum will become as popular as bitcoin (after a few years),but it won`t replace btc.

I still don`t trust ehtereum that much.I forum member here was saying that ethereum is dying and scam.

I don`t know if this is true,but i don`t trust ETH.
legendary
Activity: 3248
Merit: 1179
10 % in my opinion, no more then that, even less maybe. But who can answer on this question?

I believe we will see some threats to bitcoin, and people who predict right when will this happen and which coin can be that will earn a lot of money. It's open market, many things can happen. Maybe bitcoin will be strong and stable enough one day, and nothing can influence on that, but we can't say that with 100 % certainty.
legendary
Activity: 1946
Merit: 1137
you are asking two different question:
the probability of bitcoin being replaces in the future is high.
BUT
the probability of bitcoin being replaces by ethereum in the future is zero.

ethereum is just another one of those pump and dump altcoins with a lot of hot air a lot of shills to advertise for it. but over time it is going to die off and disappear just like others before it.

hero member
Activity: 882
Merit: 544
The probability of bitcoin being replaced for now is low. Maybe in the next 20 years the probability of it being replaced is bigger but still low in my opinion. I also think that Ethereum wouldn't replace bitcoin since it is not that portable to use for now but there's a low probability that it will replace bitcoin but having faith on it is hard since the probability of it getting even near to bitcoin is low.
hero member
Activity: 994
Merit: 544
Is Ethernum a threat to Bitcoin?

-Ethernum is faster than bitcoin
-has been gaining popularity
-its good for smart contracts.

Is Ethernum going to replace bitcoin, die out as a fad or coincide with bitcoin? Are we likely to see any altcoin possibly kill bitcoins or will bitcoin simply incorporate any improvements from altcoins, taking away all advantages.

There is a low probability that bitcoin will be replaced even 20 years from now
Ethereum on the other hand will increase in price but it can never replace bitcoin. It's like pounds to dollars, pounds has a larger value compared to dollars but did not replace dollars. Ethereum may one day has a larger price compared to bitcoin but will not replace bitcoin.
hero member
Activity: 658
Merit: 500
Bitcoin isn't going anywhere ever, trust me
legendary
Activity: 910
Merit: 1000
Is Ethernum a threat to Bitcoin?

-Ethernum is faster than bitcoin
-has been gaining popularity
-its good for smart contracts.

Is Ethernum going to replace bitcoin, die out as a fad or coincide with bitcoin? Are we likely to see any altcoin possibly kill bitcoins or will bitcoin simply incorporate any improvements from altcoins, taking away all advantages.
I think ethereum is not will replace bitcoin because ethereum is new coin although it has smart contract. And ethereum just for trading alt coin only, there are not people who use ethereum as payment method. But it is just my opinion there are not people who know about future.
newbie
Activity: 56
Merit: 0
I think no alternative coin will replace bitcoin. They exist because of bitcoin and bitcoin is the father of cryptocurrencies. The coin that is second to bitcoin is quite farther from bitcoin. That why its impossible to replace bitcoin by other alternative coins.
Yes totally agree with you.Any altcoin is no way near bitcoin right now.Every altcoin is valued in terms of satoshi so they are value according to bitcoin so dont think any coin can replace bitcoin.It will only grow in the future.
legendary
Activity: 1246
Merit: 1000
I think no alternative coin will replace bitcoin. They exist because of bitcoin and bitcoin is the father of cryptocurrencies. The coin that is second to bitcoin is quite farther from bitcoin. That why its impossible to replace bitcoin by other alternative coins.

Bitcoin developers should be looking at developing the protocol, rather than squabbling about blocksize.
If they are not serious, an alt can overtake them.
newbie
Activity: 19
Merit: 0
The great thing about technology is that is can be replaced.
Bitcoin has set in place a set of standards that almost everything that came after has adopted.
Most of the work done to integrate bitcoin can easily be switched to another coin.

Will it happen...People like stability...alot!  Bitcoin would have to have to fail, or come close to it before something else would take over.
hero member
Activity: 560
Merit: 500
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I think no alternative coin will replace bitcoin. They exist because of bitcoin and bitcoin is the father of cryptocurrencies. The coin that is second to bitcoin is quite farther from bitcoin. That why its impossible to replace bitcoin by other alternative coins.
hero member
Activity: 1302
Merit: 577
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Is Ethernum a threat to Bitcoin?

-Ethernum is faster than bitcoin
-has been gaining popularity
-its good for smart contracts.

Is Ethernum going to replace bitcoin, die out as a fad or coincide with bitcoin? Are we likely to see any altcoin possibly kill bitcoins or will bitcoin simply incorporate any improvements from altcoins, taking away all advantages.
Maybe other altcoin surpass bitcoin someday but not now,and also not ethereum even ethereum had a popularity it self. but  I think he can't surpass bitcoin . Maybe other altcoin will be born capable to surpass all of the coin in crypto world.
legendary
Activity: 1386
Merit: 1020
DGbet.fun - Crypto Sportsbook
I think it will not happen. bitcoin strength remains a magnet for many altcoin. bitcoin is the main originator of digital currency system. as well as the USD dollar. bitcoin be a force in the digital currency system today.

I believe so. For bitcoin to be replace,the possibility is very slim to none. An upgrade YES, but to create another cryptocurrency as popular as bitcoin is no. Bitcoins achievement is huge as it is called the mother of almost all altcoins.

No altcoin could replace bitcoin since it is already big,popular and many already invested unto it. I agree that bitcoin achievement is par beyond to other coins. If there's a chance that ETH could compete to btc then it would take 10 years I guess.
sr. member
Activity: 406
Merit: 250
Is Ethernum a threat to Bitcoin?

-Ethernum is faster than bitcoin
-has been gaining popularity
-its good for smart contracts.

Is Ethernum going to replace bitcoin, die out as a fad or coincide with bitcoin? Are we likely to see any altcoin possibly kill bitcoins or will bitcoin simply incorporate any improvements from altcoins, taking away all advantages.

I don't think so, both ethernum and bitcoin can go along together and remember, the price for each bitcoin is more expensive than Ethernum. If the bitcoin's price is very low, i think Ethernum can replaced bitcoin.
legendary
Activity: 1414
Merit: 1001
Is Ethernum a threat to Bitcoin?

-Ethernum is faster than bitcoin
-has been gaining popularity
-its good for smart contracts.

Is Ethernum going to replace bitcoin, die out as a fad or coincide with bitcoin? Are we likely to see any altcoin possibly kill bitcoins or will bitcoin simply incorporate any improvements from altcoins, taking away all advantages.
bitcoin will not be replaced by altcoin. bitcoin will stand alone and become the benchmark in digital financial system.
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