Author

Topic: Will Bitcoin be replaced by another cryptocurrency? - page 122. (Read 186418 times)

hero member
Activity: 784
Merit: 500
It impossible if bitcoin will be replaced by altcoin, bitcoin is pioneer and most successful. Altcoin has many constraints to beat bitcoin, for example many merchants are more receptive to bitcoin. But, maybe it could happen if bitcoin investors switch everything to altcoin.
full member
Activity: 126
Merit: 100
we can t know if bitcoin is going to be replaced bu another cryptocourrency or not because the world is full of surprise we can expect everything from human beings
sr. member
Activity: 279
Merit: 250
It is, at the very least, strange to believe that Bitcoin either will or won't be replaced by another cryptocurrency. On the one hand, at the moment is going strong, so why should be replaced? On the other hand, it has already, let's say, forked into 2, so no one can give a guarantee of it remaining stable in the future. Devoting oneself to Bitcoin implies living in the present moment.
newbie
Activity: 2
Merit: 0
Bitcoin will never be replaced by any other crypto-currency, ever. It has been here the first and this is what (few) people know.
full member
Activity: 560
Merit: 112
Banks can do whatever they want ! So yes.
member
Activity: 64
Merit: 10
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.  Roll Eyes
full member
Activity: 126
Merit: 100
Back from Vacation!
Currently, and in the near future, I believe this is absolutely impossible. The other altcoins and cryptocurrencies out there have nowhere as much popularity when compared to bitcoins. There is certainly very less adoption and for them to surpass bitcoin, a lot, and I do mean A LOT of people need to start using one cryptocurrency at once, to make it surpass Bitcoin, but it wont happen anytime soon as the kind of trust the bitcoin community has made upon bitcoin takes a lot of time to make and it can't be replicated anytime soon.
legendary
Activity: 1456
Merit: 1005
All altcoins dreamed one day that they will replace bitcoin. But dream is a dream, and it will remain a dream forever.
One time Bitcoin is also a dream. Did you imagine ever the price of the bitcoin will reach this much high? I think no one will imagine. If any one put trust and imagine means that time only they will buy and collect more coins. Now they will become millionaires. Like that who knows which coin will take the sudden rise and replace Bitcoin in future.     
full member
Activity: 376
Merit: 101
I still think yes, it cost to much to produce a bit coin and as difficulty goes up and more mining power is required it will work out that it costs more to mine than its worth. It has shitty transaction times and now cost more than any other fiat payment to process. This is still in the infant years, another Crypto will become main stream as a payment process. BTC is out of date and out of touch as what it was meant to be.
sr. member
Activity: 616
Merit: 251
All altcoins dreamed one day that they will replace bitcoin. But dream is a dream, and it will remain dream forever.
hero member
Activity: 686
Merit: 500
I think the Bitcoin is the foundation of all cryptocurrency that exist currently. Developers can make potential virtual currencies but  I think it is impossible to replace the First and the widely used and supported Bitcoin.
Yuppie! Agree with you that bitcoins could not be replaced by any other crypto currency as the number of bitcoin investors and its price is increasing day by day.

It is becoming famous all over the globe due to its extraordinary features such as volatility, security, easy and remote access etc. It is the fundamental digital currency and has no present replacement in the market.
The Bitcoins was the first digital currency and after that many were introduced. It’s the root of crypto currencies. There is no doubt in it that it has competition now but we all know no other currency can surpass it. Not now not ever. Also, the number of its user is accelerating with passing time. No one knows the future but with present statistics we can predict that this currency will be ruling the world.
sr. member
Activity: 1316
Merit: 257
Bitcoin is really getting old. But it is for this reason we see in this year's changes. This is the rejuvenation and the response to the competition from other altcoins. Hope that these changes are for the better. Mincoin will not die, but it will be upgraded further.
an 8 year old bitcoin from which you see old bitcoin stepping on youthful like a child bitcoin leader for alt all inspired by bitcoin do not believe someday bitcoin will be replaced by another crypto not believe the first will which not be replaced no one
newbie
Activity: 56
Merit: 0
I strongly believe bitcoin will be replaced by Ripple (XRP). Bitcoin is purely based on speculation...XRP has real products and backing. They're going to kill Swift.

what do you base this on? couldn't the same be said of ethereum?

and-- what currency isn't based on speculation? isn't that kind of the nature of currency in the modern era?
sr. member
Activity: 406
Merit: 253
Bitcoin is really getting old. But it is for this reason we see in this year's changes. This is the rejuvenation and the response to the competition from other altcoins. Hope that these changes are for the better. Mincoin will not die, but it will be upgraded further.
newbie
Activity: 56
Merit: 0
i think blockchain is here to stay
and bitcoin is widespread enough that it is more likely to evolve (as it is already) than be replaced per se
hero member
Activity: 2828
Merit: 611
I think the Bitcoin is the foundation of all cryptocurrency that exist currently. Developers can make potential virtual currencies but  I think it is impossible to replace the First and the widely used and supported Bitcoin.
Yuppie! Agree with you that bitcoins could not be replaced by any other crypto currency as the number of bitcoin investors and its price is increasing day by day.

It is becoming famous all over the globe due to its extraordinary features such as volatility, security, easy and remote access etc. It is the fundamental digital currency and has no present replacement in the market.
hero member
Activity: 2646
Merit: 582
Leading Crypto Sports Betting & Casino Platform
I think the Bitcoin is the foundation of all cryptocurrency that exist currently. Developers can make potential virtual currencies but  I think it is impossible to replace the First and the widely used and supported Bitcoin.
I am agree with the statement that the developer have created many cryptocurrencies and are now surviving in the exchanges but it has not yet gotten the position and maturity to overcome the bitcoin and defeat bitcoin in the market because bitcoin is the mother currency of cryptocurrencies. I think replacing of bitcoin by another cryptocurrency will be a lame assumption. 
legendary
Activity: 2800
Merit: 2736
Farewell LEO: o_e_l_e_o
We can not tell how the future unfolds but the bitcoin market seems ready for expansion as we can tell from the fast rising value which hints demand is high and people are not showing so much interest for other altcoins. To be honest this will really take a long time before a bitcoin replacement is even found for now bitcoin lives on
newbie
Activity: 1
Merit: 0
BitCoin is very dangerous as it is not backed by anything tangible. US dollars used to be backed by gold, but that's another story altogether. Many big BitCoin owners I know are now taking their money out of BitCoins and purchasing silver. Silver 1oz coins are a favorite, as are 10oz and 100oz bars. Today silver hit 17.00 per oz. It is heading to $25.00 per ounce and many believe that 100.00 to 200.00 is not out of the question, in the near future.
You can hold Silver in your hands and keep it in your home. It can be stored in a safe or other secret spot.
BitCoin value could crash overnight and is expected to do so soon. Move your money to silver asap, to avoid a huge dip in your assets. Buy BitCoins again after the bubble bursts.
sr. member
Activity: 994
Merit: 257
no way the bitcoin can be replaced, it is too big to fail. There are too many big guys in it now.
Correct whales have too much invested in bitcoin to let it fail, in fact I think this is why we finally got segwit activated, people began to realize that ETH was getting awfully close to bitcoin in the market cap and that is why everyone said, hey we need to something about it and that is why segwit has finally been approved and we can move forward with a bitcoin that is even stronger.
We will see more price increase as it is already happened after the August 1 hard fork. Price now is good but not good to sell
yet, the party is not over and when this will continue to happen it's hard to see it being replace by another crypto currency although they
have a chance though.
It is very unlikely that any crypto is going to surpass bitcoin anytime soon , but we cannot deny that ETH was very close in market cap to bitcoin, the closest I remember seeing was only a difference of 7 billion which is not a lot, but eventually the bubble in ETH burst and bitcoin approved improvements on the network and with that alone the distance between the two is one of the largest in a long time.
Jump to: