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Topic: Will Bitcoin be replaced by another cryptocurrency? - page 128. (Read 186407 times)

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The possibilities are there but the chances are really low. For my own opinion, Since there're no permanent in this world except for change. Bitcoin could hold the number 1 spot for 20 or more years, but as we can't foresee future. Other Cryptocurrency could excel in a way bitcoin did and somehow achieve what bitcoin achieved. As of the moment, Bitcoin is yet to hit its maximum capabilities in the succeeding years. Also, As I noticed bitcoin keeps on improving in a way that no one can imagine.
member
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BTC can't be replaced, at least for now. He's like a flag, but different virtual currencies have different focuses. Like ETH smart contracts, Zec is strongly anonymous
sr. member
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Bitcoin never replaced by altcoin. Because bitcoin is measure for other cryptocoin exchange. Also, bitcoin has been very popular with a huge marketcap.
sr. member
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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?
As of what I have observed, No, I don’t think bitcoin will be replaced by other currency. Bitcoin is the most popular and most famous among all digital currencies existing. It mostly use by many different wallet, payments and exchange. It is the first ledger currency that is decentralized.  Furthermore more people is investing in bitcoin because they think and see that bitcoin has big potential compare to other currencies. While some people see bitcoin to become legalize and become a country’s accepted currency.
legendary
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I don't think any cryptocurrency will be able to replace Bitcoin at least in the foreseeable future. It's going to happen but when it will take place depends on a lot of factors and it makes it difficult to predict.
That is your prediction and I respect it but I am hoping if bitcoin will not be replace, most of the altcoins will grow, that way it will make a good economy and investors can spread their money which will give them the benefit of minimizing the risk.

Yes and bitcoin is too big and king of crypto currency and I don't think that any altcoin has potential to take over bitcoins in future as bitcoin is more popular and it can be also used for online shopping and money transfers which can never be possible with any altcoins.
kings get dethroned too,so i do not think bitcoin is as big as you say but as long as we keep using it. its value will continue to raise and more problems will continue to raise too like the backlogs we facing and other altcoins will emerge as the perfect solution to these problems.
IMO bitcoin can be replaced not today not tomorrow but someday

It is a difference that makes the difference

In other words, we will all die one day, but does it change anything today and right now? As psychologists say you should plan and act as if you were going to live indefinitely and ignore the fact that people around you are falling down like leaves in November. It is the same with Bitcoin. It is obvious that it will be replaced just like any other currency in the past had been, but should we actually take this inevitability into account or we would be better off if we assumed that Bitcoin would last forever?
legendary
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I don't think any cryptocurrency will be able to replace Bitcoin at least in the foreseeable future. It's going to happen but when it will take place depends on a lot of factors and it makes it difficult to predict.
That is your prediction and I respect it but I am hoping if bitcoin will not be replace, most of the altcoins will grow, that way it will make a good economy and investors can spread their money which will give them the benefit of minimizing the risk.

Yes and bitcoin is too big and king of crypto currency and I don't think that any altcoin has potential to take over bitcoins in future as bitcoin is more popular and it can be also used for online shopping and money transfers which can never be possible with any altcoins.

empires fell.... Smiley

BTC is just a niche e-currency as it was e-gold 10 years ago. now, BTC has a lot of buzz around it because a bunch of sharks saw an opportunity Smiley

in the end, not too far away in time, BTC will fall and it will replaced with something else.
hero member
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If the bitcoin is replaced by crypto, who will be there later whether it is short or long, which is certainly unpredictable.
I agree with you, the cryptocurrency who will replace bitcoin will never be predictable because the cryptocurrencies are so volatile and they are all unpredictable and most of them are decentralized so even bitcoin will replaced then it is still impossible for us to make a lot of profits that are more than on what we can make in bitcoin.
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Get'em boys
I don't think any cryptocurrency will be able to replace Bitcoin at least in the foreseeable future. It's going to happen but when it will take place depends on a lot of factors and it makes it difficult to predict.
That is your prediction and I respect it but I am hoping if bitcoin will not be replace, most of the altcoins will grow, that way it will make a good economy and investors can spread their money which will give them the benefit of minimizing the risk.

Yes and bitcoin is too big and king of crypto currency and I don't think that any altcoin has potential to take over bitcoins in future as bitcoin is more popular and it can be also used for online shopping and money transfers which can never be possible with any altcoins.
kings get dethroned too,so i do not think bitcoin is as big as you say but as long as we keep using it. its value will continue to raise and more problems will continue to raise too like the backlogs we facing and other altcoins will emerge as the perfect solution to these problems.
IMO bitcoin can be replaced not today not tomorrow but someday.
full member
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If the bitcoin is replaced by crypto, who will be there later whether it is short or long, which is certainly unpredictable.
hero member
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I don't think any cryptocurrency will be able to replace Bitcoin at least in the foreseeable future. It's going to happen but when it will take place depends on a lot of factors and it makes it difficult to predict.
That is your prediction and I respect it but I am hoping if bitcoin will not be replace, most of the altcoins will grow, that way it will make a good economy and investors can spread their money which will give them the benefit of minimizing the risk.

Yes and bitcoin is too big and king of crypto currency and I don't think that any altcoin has potential to take over bitcoins in future as bitcoin is more popular and it can be also used for online shopping and money transfers which can never be possible with any altcoins.
legendary
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I don't think any cryptocurrency will be able to replace Bitcoin at least in the foreseeable future. It's going to happen but when it will take place depends on a lot of factors and it makes it difficult to predict.
That is your prediction and I respect it but I am hoping if bitcoin will not be replace, most of the altcoins will grow, that way it will make a good economy and investors can spread their money which will give them the benefit of minimizing the risk.
sr. member
Activity: 686
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I don't think any cryptocurrency will be able to replace Bitcoin at least in the foreseeable future. It's going to happen but when it will take place depends on a lot of factors and it makes it difficult to predict.
hero member
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The only permanent in this world is change, so I guess there will be another cryptocurrency that will replace bitcoin in being number 1 in coinmarket cap.  Aside from that, due to technology evolution, the time will come that there will be cryptocurrency that will take place bitcoin in form of adoption and size of community.

As you said there would be changed but there will be no replacement of the number 1 crypto currency in the coinmarketcap. Before a new coin starts to replace bitcoin, it should become higher when it comes to the market cap of it. But I strongly believe that bitcoin will remain to the the number one and the changes on it will happen very soon.
legendary
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Bitcoins cant be replaced by other cryptocurrencies because everyone is using the bitcoin rigtht now so i dont think other people would love to use an other one right now as you know.
Yeah of course anything can happen but is it likely? I don’t think so. Bitcoin is doing really well and it seems to me that basically every other altcoins value is affected by bitcoin. If bitcoin crashed no one would have faith in crypto currency it would look bad for every coin. So, I don’t really see bitcoin being replaced anytime soon anyway. But again you never know it could happen

That's certainly not a given

Bitcoin may crash or even die for various reasons, and not all of them will necessarily lead to the demise or decline of other coins as well. For example, if Bitcoin ultimately kicks the bucket due to incessant quarrels, conflicts and overall discord between the community (developers vs miners, miners vs the world), other coins will obviously only win by this. Thus people will just lose their faith in Bitcoin alone, while other cryptocurrencies which are free of these issues will actually strengthen their users' faith, confidence and trust in them
legendary
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Bitcoins cant be replaced by other cryptocurrencies because everyone is using the bitcoin rigtht now so i dont think other people would love to use an other one right now as you know.
Yeah of course anything can happen but is it likely? I don’t think so. Bitcoin is doing really well and it seems to me that basically every other altcoins value is affected by bitcoin. If bitcoin crashed no one would have faith in crypto currency it would look bad for every coin. So, I don’t really see bitcoin being replaced anytime soon anyway. But again you never know it could happen.
hero member
Activity: 504
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Bitcoin will stay, it will be adopted for finance. There will be also other altcoins that will  meet different requirements (probably not fully legal, where privacy matters).
Other altcoins will be there but that do not mean that they will have the requirements which bitcoin will not be able to adopt with the passage of time bitcoin will develop more and the features of it will increase to provide more convenience to the users of bitcoin and people will prefer only bitcoin and none of the con will have the power to replace bitcoin.
yes that can be right bitcoin can be more and more popular in futur therefore it is not such an easy job that any other altcon will repalce bitcoin.
hero member
Activity: 798
Merit: 501
Check this:

https://coinmarketcap.com/

Ripple is getting so close. The Bitcoin market cap is stable at $29 billion, while Ripple is more than half of that amount at $14.5 billion. And most importantly, the share of BTC in the total crypto market cap has gone below 50%.

This is so funny, how can a billion coin get close to the million coin in terms of dominance if your reference is the current price times the total coins?  I think it is a flawed logic.  I would be convinced if we talk about stores that accept such currency.  As of today, I think no one ever get near to bitcoin in terms of store acceptance and adoption.
Well I am not clear about what you said do you mean to say that when 50% of the world population will start using the bitcoin? 50% of the world population is very huge we don’t know whether it is possible or not but if even 10% of the world population start using bitcoin the prices will not be in reach then.
i personally do not think that bitcoin can be replace by any other currency because bitcoin is the main currency and the users of bitcoin are increase from time to time as compare to any other crypoto currency.
sr. member
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The only permanent in this world is change, so I guess there will be another cryptocurrency that will replace bitcoin in being number 1 in coinmarket cap.  Aside from that, due to technology evolution, the time will come that there will be cryptocurrency that will take place bitcoin in form of adoption and size of community.
sr. member
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although it s very much possible but i think still bitcoin is the number one currency of the world and it is expected that the price of bitcoin  is continuously increasing.therfore it can give me a good profit in a very very short period of time.

yes it is, bitcoin is the father of all alt coins it will never be replaced by any coins, it has a high market value, alt coin maybe closely to bitcoin in their value but still bitcoin will always be my no.1 coin for me.

It will always be since there are no other alt coin greater in value of bitcoin. Bitcoin having features that are more beneficial than other alt coin . Alt coin needs to more expansion in features and needs to acquire by many users conveniently. That's why bitcoin is trusted now since it is tested.
Well yeah this is true even today if we look at the market cap the Bitcoin is on top. Also the price of the BTC is higher than all the others and it is increasing as more and more people are adopting the bitcoin and are adding the strength of the Bitcoin to raise its price more.
full member
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xxx

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?

You can think again, Does bitcoin replaced by another cryptocurrency. Maybe you already know the answer.  One main reason bitcoin is a mother of another cryptocurrency it's difficult to replace it for now . but nothing is impossible.

Yes in this world nothing is impossible. time will come that bitcoin will be replaced by other cryptocurrency but as of now bitcoin is the leading cryptocurrency so its hard to replaced in just a short term. I think it may take years before that happen.

As you are saying that nothing is impossible in the world that bitcoin can be replaced by some other crypto currency in the future, But i think bitcoin is such a strong currency that  no other cryptocurrency can replace it and if the developers of the bitcoin update it with the passage of time then people will stick into the bitcoin for long term and also there is no other crypto currency who has such a high price.
It is the mother of all crypto , but what we should note is that usually children do better than their parents . So there will come a time when another crypto currency will touch the bitcoin market cap.
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