Topic: Will Bitcoin be replaced by another cryptocurrency? - page 116. (Read 186418 times)
Many say this probability is very unlikely, but when viewed from a competitor's perspective, they remain optimistic to be at the top if one day bitcoin falls with some up-to-date and 100% different innovations. I believe altcoin's opportunity to replace bitcoin is very wide open for fighting in a free global market.
To believe (e.g. to be certain) something like that does not make rational sense. To say that is a statistic probability makes much more sense. However, this has been discussed over and over again. In order for the cryptocurrency space to thrive, it would be most suitable if there were multiple coins at the top and not just one (as currently Bitcoin is). Nobody can say that either one will happen for sure; they would only be speculating.
I dont think so. Because bitcoin the most trusted currency as of now. So i dont think that there's anothed cryptocurrencies can beat bitcoin. Because bitcoin is known and becoming more famous as the time goes by. A few months back, Bitcoin's share in the total crypto market capitalization was above 90%. This figure has come down to around 45% now. So you can't be certain that no other crypto can beat Bitcoin. There is a chance, albeit a small one.
To believe (e.g. to be certain) something like that does not make rational sense. To say that is a statistic probability makes much more sense. However, this has been discussed over and over again. In order for the cryptocurrency space to thrive, it would be most suitable if there were multiple coins at the top and not just one (as currently Bitcoin is). Nobody can say that either one will happen for sure; they would only be speculating.
I dont think so. Because bitcoin the most trusted currency as of now. So i dont think that there's anothed cryptocurrencies can beat bitcoin. Because bitcoin is known and becoming more famous as the time goes by. A few months back, Bitcoin's share in the total crypto market capitalization was above 90%. This figure has come down to around 45% now. So you can't be certain that no other crypto can beat Bitcoin. There is a chance, albeit a small one.
To believe (e.g. to be certain) something like that does not make rational sense. To say that is a statistic probability makes much more sense. However, this has been discussed over and over again. In order for the cryptocurrency space to thrive, it would be most suitable if there were multiple coins at the top and not just one (as currently Bitcoin is). Nobody can say that either one will happen for sure; they would only be speculating.
I dont believe that bitcoin is replaced by other cryptocurrencies because as of now. Bitcoin is popular in many countries and becoming more popular as the time goes by. And also. For me. Bitcoin is the most trusted cryptocurrency. And its value is high than others.
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.
I don't think so. Bitcoin is strong cryptocurrency and i think it cannot replace of any cryptocurrencies. If you notice bitcoin is continuously increasing comparing to the other crypto.
Bitcoin will most likely be replace by Ether. It is faster, cheaper (in terms of tx fees), and is about to get a huge scalability boost.
probably not. I think so. As you can see, as with the global currency market today, many of the potential currencies become global currencies but the dollar does not seem to have been replaced by any big money. btc too.
Alts made as a substitute for btc,but still its the btc that we use, we only use some alts whenever there are issues or when the fee too high. Btc will always be prior into any other alts. 
probably not. I think so. As you can see, as with the global currency market today, many of the potential currencies become global currencies but the dollar does not seem to have been replaced by any big money. btc too.
I dont think so, what made you think that it will be replaced by another crypto currency? Bitcoin is the most trusted crypto now and has the largest value. Even the one on second place to bitcoin can't replace it. It has made its name to the community for ages.
True. Bitcoin has established its name among the crypto space for many years since its inception. It has been the first cryptocurrency that brought us the blockchain technology, where most of the things we have now, couldn't have been possible without it.
While it has an advantage over the markets, there could exist a possibility of becoming replaced by another cryptocurrency if it aims to provide better technology and solve many of the issues underlying the pioneer cryptocurrency. The odds of this becoming a reality are very small, but anything could happen if Bitcoin fails to deliver a solid scaling solution to handle large transaction throughput.
With the inception of Bitcoin Cash, the battle against Bitcoin has strengthened even further, increasing the possibilities of a takeover in the pioneer cryptocurrency's market cap. The final step of SegWit2x is bound to come into effect this November, so I guess that we will have to wait and see what happens by then, to be able to determine Bitcoin's future in the market. Just my opinion.
With a good basis we can come up with a realistic approach, before some people think that altcoins are scam and only bitcoin is legit but now things a big and you can tell it with the lowering dominance of bitcoin in the entire market. We can never be sure what will happen in the future but give that possibility in the future, crypto is full of surprises as price can change abruptly in just a short period of time.
You are right. Earlier, a lot of people used to think that the altcoins are mostly scam, and only a very few used to invest in them. But now the situation has changed completely. ICOs with very little backing are gathering hundreds of millions of USD.
With a good basis we can come up with a realistic approach, before some people think that altcoins are scam and only bitcoin is legit but now things a big and you can tell it with the lowering dominance of bitcoin in the entire market. We can never be sure what will happen in the future but give that possibility in the future, crypto is full of surprises as price can change abruptly in just a short period of time.
You are right. Earlier, a lot of people used to think that the altcoins are mostly scam, and only a very few used to invest in them. But now the situation has changed completely. ICOs with very little backing are gathering hundreds of millions of USD.
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?
It is possibly possible especially when bitcoin let it be. As time goes by, upgrading each feature of a cryptocurrency is always involve. If Bitcoin will let others to beat them, replacing bitcoin as no. 1 out of all crypto is surely possible. That is why bitcoin should upgrade its features too to be still on line.
Maybe but it is so hard to tell that one day there is a new crypto currency that will change the place of bitcoin today because bitcoin is a never ending improving coin the same with the any other altcoins out there it is just like the chance of taking out the number one is a mere impossible unless someone make a very wonderful idea about a new coin.
But the situation an altcoin on cryptocurrency world replace Bitcoin in short time is possible. Special when the fees of Bitcoin highest like now, that is best reason for us find new altcoin solve this issue.
Maybe but it is so hard to tell that one day there is a new crypto currency that will change the place of bitcoin today because bitcoin is a never ending improving coin the same with the any other altcoins out there it is just like the chance of taking out the number one is a mere impossible unless someone make a very wonderful idea about a new coin.
Bitcoin and Ethereum are here to stay, in terms of 5 to 10 years, Bitcoin and Ether will be around. When application for commercial transaction gets wider...
in my opinion, All can happen in this world, as well as bitcoin, until now bitcoins are still the main ones. But did not rule out one day will be replaced by another cryptocurrency. But I doubt it. Since the first one appears is bitcoin then bitcoin will always exist and will be the main one.
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. I can't trust those who betrayed the bitcoin. They showed that their own interests are more important than the community. It can bring harm to all.
Nope, for me bitcoin will still the number 1 crypto-currencies in the world, it is already world wide that a lot of people right now are using it and for me, it is hard for bitcoin to replace by another crypto-currencies, bitcoin is already trusted.
The market dominance of Bitcoin is now under serious threat from altcoins such as Bitcoin Cash, Ethereum, Ripple and Litecoin. Less than 50% of the crypto market cap is now accounted by Bitcoin. So I am not that optimistic about the future.
IMHO I don't think Bitcoins will replace by outher altcoins coz bitcoins is so mainstream now & many investors hold it right now. I don't think they will easily dump bitcoins & change to other altcoins. Bitcoins is not yet stablished all over the world then other coins would not make it even though prize of btc is too high, what more other coins?
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