Why hasn't any altcoin replaced bitcoin? - page 6.

Kasabus

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Quote from: Mttewndew on November 14, 2019, 07:09:39 PM

I don't think that altcoins can become more popular than bitcoin, so bitcoin will always be ahead. Because Bitcoin is not just the first cryptocurrency, it is an idea of freedom, it is an idea that brings progress.

Exactly, it was created by an anonymous person and that makes this coin an exciting coin to invest.
We've seen enough that would convince us that this coin is gonna succeed, based on the articles that I read, it says that bitcoin was declared dead many times, so if its a bubble, it should not be alive now.

https://ethereumworldnews.com/bitcoin-btc-has-died-328-times-to-date-and-counting/

people trust bitcoin more than all the combine altcoins although btc has very limited functionality compared to altcoins which has a better use case.
So that reality alone tells us BTC will remain the king.

IwantMoonBefore2020

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Quote from: Rozita on August 22, 2019, 01:14:09 PM

I think bitcoin has been one of the biggest innovations of the human in the past years. Many altcoins have been created after bitcoin. But none of them have been successful as bitcoin is. Why is that?
Why no altcoin can replace bticoin?
Every new thing and every technology is usually replaced by a newer one as the world is always developing.

The first television built was mechanical, then electronic television were invented, then colour televisions, digital, 3D, ....
The first automobiles invented were steam-powered wheeled vehicles, then electric automobiles appeared. Now we have autonomous cars. Now we have Tesla model S. Now we have Lamborghini.
All of us know about the developments made in mobile phones.

Every thing is being developed. Every device is finally replaced by a newer one. Why no altcoin has replaced bitcoin till now? Do you think it will happen in future?
I personally think people will trust what Satoshi has created more than altcoins till many years later.
Altcoins are created to make the developers rich. But bitcoin is different. Bitcoin was created in favor of us. So, no altcoin can be trusted as bitcoin.

What do you think?

This is exactly what I did, bitcoin is for help humanity in revolution against banks governement and system, to be togethers more strongers and I used all my kids life for to be able to do bitcoin.
Governments dsnt want to admit what one genius guy determinated is able to do alone because they are afraid against satoshi, I used my fear as power for create the futur against ther new world order futur plan.

libert19

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We have come long way from Bitcoin, current gen cryptos are faster, cheap (some even provide fee-less transactions) and dapp support. However, bitcoin is still popular, reason most likely being it's popular and old hence Bitcoin's ledger is largest of all, and it provides more immutability compared to current cryptos which are lot less older than that.

Mttewndew

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I don't think that altcoins can become more popular than bitcoin, so bitcoin will always be ahead. Because Bitcoin is not just the first cryptocurrency, it is an idea of freedom, it is an idea that brings progress.

Viscore

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Quote from: TIDOVEE on November 14, 2019, 03:24:23 PM

Most times it is not that people actually want a replacement for Bitcoin but they want rivals and alternatives for Bitcoin that can also be satisfying enough. Sometimes I feel it is a big Biff on Bitcoin's superiority. I don't know how much bitcoin is planned to sustain its superiority. But I suspect rivalry in the nearest future.

Bitcoin was the one who popularized crypto, and a lot of people have invested on it that invest in altcoins at the same time also.
If bitcoin will be replace, that's will not serve their interest as they would lose also, therefore I don't think its possible to see it replace as long as the market is controlled by whales that they can manipulate it every time they like.

TIDOVEE

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Most times it is not that people actually want a replacement for Bitcoin but they want rivals and alternatives for Bitcoin that can also be satisfying enough. Sometimes I feel it is a big Biff on Bitcoin's superiority. I don't know how much bitcoin is planned to sustain its superiority. But I suspect rivalry in the nearest future.

Kupid002

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Quote from: Ludmilla_rose1995 on November 14, 2019, 08:45:19 AM

Quote from: bxipp on November 13, 2019, 09:48:36 PM

Most of altcoins just not survived even in one year after the launch. so its not even surprised me if altcoins unable to challenge bitcoin at the top of cryptos. But anything can be happen in the future. im still waiting for that moment to see bitcoin drop to the 2nd place on the market. Will be ethereum is the one?

No. Even though Ethereum is the best Altcoin at the moment, Ethereum still won't be able to replace Bitcoin in the top coin rankings. For me, it was very impossible.

well eth is one of the popular coins in CMC but with many issue .like token creation that can use to make an ICO and raised funds from investors. Before thats not a problem but now more people has been victim of a scam project created by eth platform. Thats why its hard for them to replaced btc because eth has thier own issue.

Ludmilla_rose1995

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Quote from: bxipp on November 13, 2019, 09:48:36 PM

Most of altcoins just not survived even in one year after the launch. so its not even surprised me if altcoins unable to challenge bitcoin at the top of cryptos. But anything can be happen in the future. im still waiting for that moment to see bitcoin drop to the 2nd place on the market. Will be ethereum is the one?

No. Even though Ethereum is the best Altcoin at the moment, Ethereum still won't be able to replace Bitcoin in the top coin rankings. For me, it was very impossible.

NeironixNV

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Quote from: robelneo on November 14, 2019, 05:47:19 AM

Quote from: Rozita on August 22, 2019, 01:14:09 PM

Every thing is being developed. Every device is finally replaced by a newer one. Why no altcoin has replaced bitcoin till now? Do you think it will happen in the future?
I personally think people will trust what Satoshi has created more than altcoins till many years later.
Altcoins are created to make the developers rich. But bitcoin is different. Bitcoin was created in favor of us. So, no altcoin can be trusted as bitcoin.

What do you think?

I don't know why people want to replace Bitcoin this early, in the first place all Bitcoin is not yet mined and BItcoin is just starting to be adopted,
still, many of people do not know what Bitcoin is and how it works, so why replace something that is the flag carrier or the father of all coins, we cannot compare Bitcoin to a cellphone or a TV or a car, the comparison is far fetched.

In fact, there are many already popular altcoins, but of course for the most ordinary people, bitcoin is by ear. Sooner or later, bitcoin will be replaced by a more technological and faster coin. My opinion.

robelneo

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Quote from: Rozita on August 22, 2019, 01:14:09 PM

Every thing is being developed. Every device is finally replaced by a newer one. Why no altcoin has replaced bitcoin till now? Do you think it will happen in the future?
I personally think people will trust what Satoshi has created more than altcoins till many years later.
Altcoins are created to make the developers rich. But bitcoin is different. Bitcoin was created in favor of us. So, no altcoin can be trusted as bitcoin.

What do you think?

I don't know why people want to replace Bitcoin this early, in the first place all Bitcoin is not yet mined and BItcoin is just starting to be adopted,
still, many of people do not know what Bitcoin is and how it works, so why replace something that is the flag carrier or the father of all coins, we cannot compare Bitcoin to a cellphone or a TV or a car, the comparison is far fetched.

Bim abk

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Quote from: Inkdatar on November 14, 2019, 04:15:53 AM

Quote from: loan.ruiu1 on November 13, 2019, 09:56:49 PM

I don't think Altcoin will ever replace Bitcoin one day! Bitcoin is not just a cryptocurrency, it is a means of payment, a belief of all traders around the world. The popularity of BTC and its mystery has not been surpassed by any currency.

This is been discussed before as to why altcoin cannot be replaced bitcoin. The features of bitcoin and it's popularity that people use it through these years. Many crypto trying to surpass bitcoin but until now this cannot be happen. As we look into bitcoin is the most in demand and top leading crypto currency that even altcoin can't replace it.

until now bitcoin is still a popular coin, while altcoin is still below altcoin for popularity. the reason is because the use of bitcoin is more widely used than altcoin, and many companies and payment systems use bitcoin in several countries

Inkdatar

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Quote from: loan.ruiu1 on November 13, 2019, 09:56:49 PM

I don't think Altcoin will ever replace Bitcoin one day! Bitcoin is not just a cryptocurrency, it is a means of payment, a belief of all traders around the world. The popularity of BTC and its mystery has not been surpassed by any currency.

This is been discussed before as to why altcoin cannot be replaced bitcoin. The features of bitcoin and it's popularity that people use it through these years. Many crypto trying to surpass bitcoin but until now this cannot be happen. As we look into bitcoin is the most in demand and top leading crypto currency that even altcoin can't replace it.

karanggatak

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I think because of the popularity why up to now altcoin cannot replace bitcoin. and also bitcoin is a pioneer in cryptocurrency people will never forget bitcoin because the first bitcoin if there is no bitcoin then cryptocurrency also does not exist. although in technology some altcoins have better technology than bitcoin. but altcoin cannot defeat bitcoin because they lose in trading volume, market capitalization, price and the number of communities. the decrease and increase of bitcoin is also a reference for most altcoins. so I think for the next few years there will be no altcoin that can replace bitcoin.

loan.ruiu1

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I don't think Altcoin will ever replace Bitcoin one day! Bitcoin is not just a cryptocurrency, it is a means of payment, a belief of all traders around the world. The popularity of BTC and its mystery has not been surpassed by any currency.

bxipp

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Quote from: zeingrind777 on November 13, 2019, 09:04:59 PM

Too many types of altcoin are circulating that are unable to replace bitcoin and also the many altcoin rivals in the crypto market. After all, many altcoins from a fraudulent project make investors not want to adopt it.

Most of altcoins just not survived even in one year after the launch. so its not even surprised me if altcoins unable to challenge bitcoin at the top of cryptos. But anything can be happen in the future. im still waiting for that moment to see bitcoin drop to the 2nd place on the market. Will be ethereum is the one?

zeingrind777

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Too many types of altcoin are circulating that are unable to replace bitcoin and also the many altcoin rivals in the crypto market. After all, many altcoins from a fraudulent project make investors not want to adopt it.

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Quote from: finaleshot2016 on November 13, 2019, 05:59:30 PM

Bitcoin is very unique and the kings of all the assets, no one can easily replaced it. The fact that Satoshi created the blockchain, It's another feature they're considering why a lot of users are still using it and investing on it.

Bitcoin and altcoin has a lot of difference so we can't compare it easily. Even other assets have LN in their chain, bitcoin is still the best of them all.

Bitcoin not only unique but also have higher price and never have altcoin can replace with bitcoin position because they still on lower price. During this time altcoin price depend with bitcoin, they will never replace bitcoin position because when bitcoin down altcoin never grow up and always down for long term.

finaleshot2016

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Bitcoin is very unique and the kings of all the assets, no one can easily replaced it. The fact that Satoshi created the blockchain, It's another feature they're considering why a lot of users are still using it and investing on it.

Bitcoin and altcoin has a lot of difference so we can't compare it easily. Even other assets have LN in their chain, bitcoin is still the best of them all.

salty

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Quote from: LUCKMCFLY on November 09, 2019, 11:11:00 PM

Quote from: Rozita on August 22, 2019, 01:14:09 PM

~snip~

What happens is simple, Bitcoin is the leading currency, the only way an altcoin can try to compete with Bitcoin is:

1.- If the altcoin have a backrest based on gold, oil, precious stones among others.

And what do Bitcoin have these characteristics?I think in general it is not necessary to compare cryptocurrency with Fiat money.They have diametrically different values.In this context, I also do not see any reason to compare bitcoin and altcoin. They also have different values that complement each other.And price and value are completely different concepts.

agentx44

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Quote from: Rozita on August 22, 2019, 01:14:09 PM

I think bitcoin has been one of the biggest innovations of the human in the past years. Many altcoins have been created after bitcoin. But none of them have been successful as bitcoin is. Why is that?
Why no altcoin can replace bticoin?
Every new thing and every technology is usually replaced by a newer one as the world is always developing.

The first television built was mechanical, then electronic television were invented, then colour televisions, digital, 3D, ....
The first automobiles invented were steam-powered wheeled vehicles, then electric automobiles appeared. Now we have autonomous cars. Now we have Tesla model S. Now we have Lamborghini.
All of us know about the developments made in mobile phones.

Every thing is being developed. Every device is finally replaced by a newer one. Why no altcoin has replaced bitcoin till now? Do you think it will happen in future?
I personally think people will trust what Satoshi has created more than altcoins till many years later.
Altcoins are created to make the developers rich. But bitcoin is different. Bitcoin was created in favor of us. So, no altcoin can be trusted as bitcoin.

What do you think?

Bitcoin was the pioneer of them all. It was the one that started the game and was able to keep up over the past decade of having new altcoins. It went from zero to hero specially on 2018 where its value reached $20k for a while but now that it is facing crisis, many are already starting to doubt it. Little do they know that bitcoin has been like this for so long, going down but then surprising eveyone after a while. I think that's the reason why no altcoin can replace bitcoin, because not every coin can survive after hitting rock bottom, bitcoin always does.

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