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Topic: Will Bitcoin be replaced by another cryptocurrency? - page 115. (Read 186418 times)

hero member
Activity: 655
Merit: 500
Does it make sense to believe that Bitcoin could one day be replaced by another cryptocurrency, that is, a cryptocurrency that really does make Bitcoin obsolete?
There's achance. Once a new cryptocurrency rise, and it became more profitable to its user, there a chance that Bitcoin users will transfer into it. Bitcoin remained the no.1 cryptocurrency for a long period of time becase of its big community  If its big community will transfer into other crypto, its demand will fall as well as its value. But I'm sure that it will take more years to come before this sutauion happen since Bitcoin at this moment is dominating the crypto world.
Why would we leave the side of our beloved Bitcoins ? I have firm believe in it and no crypto currency can take its place. If this was the case, it would have already happened. Bitcoin has a lot of rivals or enemies and it has put them all in their place. Also, Bitcoins will keep on improving with time and I am sure it will meet our other requirements also (if any).
There is no need of clarification of the question, it is an important question for the future of bitcoin I want to discuss it in detail it is yes as well as no because the replacement of bitcoin depend upon its value and prices if the prices falls down for long time then the public interest will be diverted and they will invest in other currency. But I think against of it because the publicity of  bitcoin is so high a huge number of investors and traders have their intension for getting a valuable profit from it which tells us that there will no darkness in the future of bitcoins.
full member
Activity: 1022
Merit: 100
$CYBERCASH METAVERSE
Anything can happen in cryptocurrency world  . any crypto can be replaced btcoin at any time. But it will be tough enough.
member
Activity: 106
Merit: 12
Of course not ! There have been a lot of other alt currencies  that have been popping up, but don't seem to have what Bitcoin does. so another cryptocurrency will grow stronger but I don't think it will replace Bitcoin. it’s important to remember the power of Bitcoin’s position as the first cryptocurrency ever created. For a variety of reasons, Bitcoin is already halfway around the track as these new altcoins are just about to takeoff from the starting line.
sr. member
Activity: 477
Merit: 501
For me bitcoin is still a crypto currency # 1. It seems to me that the existence of the currency is very important to the trust
It is possibly possible especially when bitcoin let it be. Something intriguing developed that outmaneuvers bitcoin, it can happen. Kiss
I am with you. Bitcoin has a large community and the number of its users is increasing day by day, most of them are merchants. It has a vital role in world's market. No other digital currency has the potential to remove bitcoins from the first place and users of other cryptocurrencies also use bitcoins.
no not at all. i think that there is no other coin that has enough potential to replace bitcoin as most used currency or most popular currency or reach the price of the bitcoin. i think the price of the bitcoin and user of it has reaches to that level that i think no one will be able to replace its popularity and stardom of bitcoin being the no: 1.
hero member
Activity: 784
Merit: 672
Top Crypto Casino
Bitcoin is not going to be replaced very soon. No crypto can be of as high usage as bitcoin. It may take top of the other cryptos years to even compete with Bitcoin. Now a days, almost many places accept Bitcoin but I don't think that any other crypto has such more value when it comes to usage. You can even check the rates. The Bitcoin is the only crypto with highest rates currently. The current price of one Bitcoin is 4733.79 US Dollar which is far more than others e.g  Ethereum is at $389.51. I still believe that one day there will be other cryptos that may reach the level of Bitcoin but currently there is no crypto to compete Bitcoin.
newbie
Activity: 40
Merit: 0
Does it make sense to believe that Bitcoin could one day be replaced by another cryptocurrency, that is, a cryptocurrency that really does make Bitcoin obsolete?
In my opinion I think there could be a chance that some people will develop a new cryptocurrency but for me nothing could replace bitcoin because as what I have read, bitcoin is a mother of cryptocurrency and also eventhough there would be a lot of other cryptocurrency in the future, I do believe most of us will stick to bitcoin especially we are more familiarize in here. We know exactly how it works and bitcoin is well known but ofcourse nothing is impossible.
hero member
Activity: 2562
Merit: 586
For me bitcoin is still a crypto currency # 1. It seems to me that the existence of the currency is very important to the trust
It is possibly possible especially when bitcoin let it be. Something intriguing developed that outmaneuvers bitcoin, it can happen. Kiss
I am with you. Bitcoin has a large community and the number of its users is increasing day by day, most of them are merchants. It has a vital role in world's market. No other digital currency has the potential to remove bitcoins from the first place and users of other cryptocurrencies also use bitcoins.
full member
Activity: 276
Merit: 100
Does it make sense to believe that Bitcoin could one day be replaced by another cryptocurrency, that is, a cryptocurrency that really does make Bitcoin obsolete?

     Bitcoin will be replaced by any other cryptocurrency if it will go higher than bitcoin. If that cryptocurrency will be more popular to all country. If its price is higher than bitcoin. If it will dominate the terms and advantages of bitcoin in its transaction and operations.
full member
Activity: 644
Merit: 113
Bitcoin would not be replace by other cryptocurrencies but there will be rising new cryptocurrencies. Bitcoin is on the right track, there would be many attempt to divide it but it will continue to soar high. Bitcoin is developed over time and all new coming cryptocurrencies will also go to the process bitcoin have gone through. Bitcoin is one of the most established cruptocurrencies and most alt coins depends on it. Bitcoin will go stronger in the coming years.
full member
Activity: 364
Merit: 100
Does it make sense to believe that Bitcoin could one day be replaced by another cryptocurrency, that is, a cryptocurrency that really does make Bitcoin obsolete?

     I also believes that bitcoin will be replaced by other cryptocurrency. But it is very early to judge bitcoin. If there is something who wants to dominate bitcoin, it should rise higher than bitcoin's popularity. Bitcoin is very popular in the entire world. Also it must surpass bitcoin's price. For now bitcoin has very good price that many people invest to it, in the time present. Them also it must secure it's stability like bitcoin.

    On finding such cryptocurrency that will surpass bitcoin, it may take a long time. So you should just enjoy bitcoin for now.
sr. member
Activity: 1246
Merit: 306
The Most Famous Crypto is Bitcoin !
I don't think so , bitcoin will remain in the top cryptos at least for the next 5 years because of many reasons !
First , It's the most known coin
second , it have been accepted by e-currency banks and exchangers
last and not least , it's the Queen Of the Cryptos !
full member
Activity: 854
Merit: 108
Does it make sense to believe that Bitcoin could one day be replaced by another cryptocurrency, that is, a cryptocurrency that really does make Bitcoin obsolete?

I dont think bitcoin will be replaced or obsolete but possible another cryptocurrencies may only equal the value of bitcoin. But this equally thing will happen almost impossible because if we have other cryptocurrencies to keep still in the end we trade it all to bitcoin so doing this will make bitcoin more reliable and strong.
full member
Activity: 210
Merit: 100
I highly doubt any other cryptocurrency will replace bitcoin.First of all 90% of altcoins are made for pump and dump and quick profit.
It would take tremendous effort for other coins to reach the public as bitcoin did.I know for a fact most of the ordinary people
don't even know other cryptocurrencies exist.Bitcoin is already well established,and exepted as a mean of payment
in many stores,shops etc.That's what makes it valuable despite of current flaws.
member
Activity: 84
Merit: 10
in my opinion bitcoin will not be replaced. because bitcoin is famous and has many followers. bitcoin prices are very good and reliable
hero member
Activity: 910
Merit: 500
There could be a possibility. Yet I am pretty sure that this could really be a hard fight and bitcoin would not just go down that easy. You have already seen other cryptos that tries to eliminate  bitcoin but none of them even equates to half its value because of the huge sport from the community
full member
Activity: 420
Merit: 100
Does it make sense to believe that Bitcoin could one day be replaced by another cryptocurrency, that is, a cryptocurrency that really does make Bitcoin obsolete?
I don't think so because as we can see bitcoin right now has been popular to those people who has been accepted bitcoin. Bitcoin has not been replaced by another cryptucurrency because the price of bitcoin is continually increase so we don't have the reason to replaced it but I believe bitcoin will be developed. Bitcoin has been replaced if people will not use bitcoin anymore.
hero member
Activity: 2590
Merit: 644
I dont think that this is gonna happen, just because bitcoin has been the first cryptocurrencie in the market, and all the others were created after bitcoin.
It is like saying that P-cola is gonna be better than Coca Cola, that is insane and will never happen, and everyone can confirm that.
Maybe ethereum could be the first competitor to bitcoin, but it wont be more than the number #2
The chances of making that happen is very low that's why we just have to trust bitcoin now.
Price boomed and break another all time high again and that's how people support bitcoin, it has a good success this year
and it's continuing, we have to be thankful for this and the increasing adoption.
The adoption plays a big role here for the price because of the adoption, the demand for bitcoin always grow into unexpected amount and the investors of bitcoin already got a very huge increase and that is why the price of bitcoin is keep on rising because more and more people are now interested in bitcoin.
legendary
Activity: 1106
Merit: 1000
I dont think that this is gonna happen, just because bitcoin has been the first cryptocurrencie in the market, and all the others were created after bitcoin.
It is like saying that P-cola is gonna be better than Coca Cola, that is insane and will never happen, and everyone can confirm that.
Maybe ethereum could be the first competitor to bitcoin, but it wont be more than the number #2
The chances of making that happen is very low that's why we just have to trust bitcoin now.
Price boomed and break another all time high again and that's how people support bitcoin, it has a good success this year
and it's continuing, we have to be thankful for this and the increasing adoption.
full member
Activity: 696
Merit: 100
It perfectly makes sense. Bitcoin will be replaced by another cryptocurrency in the future that will be better, more advanced, and more convenient. It will make sense that people will move on to the better currency and Bitcoin will be useless, obsolete. But it doesn’t mean that it will be useless. Bitcoin has laid the foundation for the modern currency. No doubt that the principles and functions will be adapted by the new digital currency. Bitcoin will become the father of the modern digital currency.
 
Yes, but before that thing will happen bitcoin will replaced dollars first for the crypto's going to rain in the. I think in the coming 2020-2030 bitcoin will replaced cash and bitcoin become the main currency of the world. If ever that bitcoin replaced by another currency it is not because bitcoin has weak foundation rather bitcoin is the way for the coming more modern and more convenient currency.
sr. member
Activity: 448
Merit: 250
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I dont think that this is gonna happen, just because bitcoin has been the first cryptocurrencie in the market, and all the others were created after bitcoin.
It is like saying that P-cola is gonna be better than Coca Cola, that is insane and will never happen, and everyone can confirm that.
Maybe ethereum could be the first competitor to bitcoin, but it wont be more than the number #2
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