Bitcoin is most successful cryptocurrency ever in world. A bit difficult if bitcoin can be replaced by another crypto. Bitcoin stays in front of all cryptocoin. In future, there will be only a few surviving cryptocoin.
Yes, Bitcoin is indeed the most successful cryptocurrency ever developed. I mean for the past years, many cryptocurrencies started to make their own way in the world of crypto but they end up failing and suddenly disappear. Bitcoin is the only crypto that lasted for many years that became successful and getting more and more attention from people. So I doubt that there will be another cryptocurrency that can go toe to toe with bitcoin.
Topic: Will Bitcoin be replaced by another cryptocurrency? - page 135. (Read 186407 times)
Bitcoin is most successful cryptocurrency ever in world. A bit difficult if bitcoin can be replaced by another crypto. Bitcoin stays in front of all cryptocoin. In future, there will be only a few surviving cryptocoin.
Yes you are right that bitcoin is the successful crypto currency in all of the crypto currencies. And if it is the successful currency then we do not need any other currency to adopt for our business and other transactions and for future profit because the successful thing can benefit us more than any other. Bitcoin will be around for a very long time but the next wave of entrepreneurs is entering the space. In 6 months the Crytpo space will look completely different. That is the best way to put it.
Bitcoin may always be the main crypto that all others are pegged to, but crypto will expand. I don't think Bitcoin will be worth 1 million per coin but rather, many other altcoins will be worth more and will be adopted so crypto will grow...outwards.
And even faster than it is now. I mean 6 months ago who saw this much volume coming?
Bitcoin will be around for a very long time but the next wave of entrepreneurs is entering the space. In 6 months the Crytpo space will look completely different. That is the best way to put it.
Bitcoin may always be the main crypto that all others are pegged to, but crypto will expand. I don't think Bitcoin will be worth 1 million per coin but rather, many other altcoins will be worth more and will be adopted so crypto will grow...outwards.
Bitcoin will be around for a very long time but the next wave of entrepreneurs is entering the space. In 6 months the Crytpo space will look completely different. That is the best way to put it.
Bitcoin is a digital currency that has power in the world market. Today bitcoin becomes a pioneer for all digital currencies.
I'm sure bitcoin can be like a dollar, bitcoin will be the benchmark of everything and also become the most popular digital currency.
I'm sure bitcoin can be like a dollar, bitcoin will be the benchmark of everything and also become the most popular digital currency.
bitcoin will be the first cryptocurrency that will be good as us dollar. we should keep believing on its projects so that many will be magnetized by the power of decentralized currency. on this stage we can consider that we are the early majority that adopts bitcoin so theres a lot of space improving its price.
The main problem of bitcoin is that no one can control this money, in today's civilization, something uncontrolled and moving wildly without any regulation will create chaos in the balance that exists. The hackers will be more flexible and the government is not able to contain them. It's very ironic and hard to think of when bitcoin is able to replace the fiat position.
We can't tell what might happen soon, bitcoin can be so popular now due to its high increase in value but its poor service leading transaction time long may result to change of our minds in patronizing bitcoin,somehow we might find other alts more reliable in bitcoin if this will not solve.
Bitcoin is a digital currency that has power in the world market. Today bitcoin becomes a pioneer for all digital currencies.
I'm sure bitcoin can be like a dollar, bitcoin will be the benchmark of everything and also become the most popular digital currency.
I'm sure bitcoin can be like a dollar, bitcoin will be the benchmark of everything and also become the most popular digital currency.
bitcoin will be the first cryptocurrency that will be good as us dollar. we should keep believing on its projects so that many will be magnetized by the power of decentralized currency. on this stage we can consider that we are the early majority that adopts bitcoin so theres a lot of space improving its price.
The main problem of bitcoin is that no one can control this money, in today's civilization, something uncontrolled and moving wildly without any regulation will create chaos in the balance that exists. The hackers will be more flexible and the government is not able to contain them. It's very ironic and hard to think of when bitcoin is able to replace the fiat position.
Bitcoin is a digital currency that has power in the world market. Today bitcoin becomes a pioneer for all digital currencies.
I'm sure bitcoin can be like a dollar, bitcoin will be the benchmark of everything and also become the most popular digital currency.
I'm sure bitcoin can be like a dollar, bitcoin will be the benchmark of everything and also become the most popular digital currency.
bitcoin will be the first cryptocurrency that will be good as us dollar. we should keep believing on its projects so that many will be magnetized by the power of decentralized currency. on this stage we can consider that we are the early majority that adopts bitcoin so theres a lot of space improving its price.
What about Ripple, id like your opinion on it as im getting smashed in the Ripple thread - https://bitcointalk.org/index.php?topic=1381669.1140 for saying that banks just arent buying XRP for anything other than what they have to (transaction fees). There are many articles about banks using the Ripple protocol but nothing about banks buying mass amount of the coin. The price has risen, its still under 20c but nothing that cant be attributed to normal Alt rise with bitcoin, fee free traading on some sites etc.
Yes i know each Alt thread has people hyping the coins but man these guys are really getting whoever read the thread to buy. They believe it will easily knock Bitcoin off the top spot and the price is going to 'the moon'
Thoughts on it replacing Bitcoin?
Ripple is not that very competitive against bitcoin because Ripple is just getting hyped now and the price pumps is just cause by the news and also the hype and manipulation of the whales. If you do math then you can see that their price is very over rated based on their supply and i think this coin will need a lot of time and also cut to their supply so they will get a chance against bitcoin.Yes i know each Alt thread has people hyping the coins but man these guys are really getting whoever read the thread to buy. They believe it will easily knock Bitcoin off the top spot and the price is going to 'the moon'
Thoughts on it replacing Bitcoin?
Not competitive??? WTF!
Bitcoin fees are getting insane! XRP is way more competitive in this aspect!
Bitcoin transaction times due to higher and higher fees are also creating problems. XRP is way faster and almost instantaneous, again more competitive in this aspect!
Transaction capacity on Bitcoin is now very limited and there seems to be no end to the arguing what is better. XRP is way better and more competitive again!
Governace for Bitcoin is a total mess, miners pulling their way, Core stubborn, slow and rude as fuck, Unlimited attacking Core, etc, etc. XRP smooth sailing as a corporation with great leaders and programers.. Again.... more competitive.
You compared shops using bitcoin and another altcoins, but lets take a look over others altcoins that are getting more popular nowadays, wich make them to be worth and who know someday replace bitcoin. Bitcoin still bigger investment but altcoins are getting closer it, and with some solutions and low fees transactions, something bitcoin still and wont be able to improve, like the time to get confirmed a transaction.
XEM with Catapult. 3000+ transactions per second with low fees. Much less electricity usage. Just as secure. A natural evolution to what was a great invention in it's own right. Less inter coin politics as well by people who want to preserve the status quo.
Wwo... 3000 transactions per second capacity...
And in real life around 30 a day because nobody gives a damn about it.
Take a look at the following chart http://coinmarketcap.com/charts/#btc-percentage 4 years ago the market dominance of Bitcoin was ~95% today it is down to below 55%. When this thread was started the market dominance of Bitcoin was ~85%.
Let's make a chart about the number of shops accepting bitcoins and altcoins.
4 years ago... btc 100% altcoins 0%
now btc 100% altcoins 0%
Bitcoin is a digital currency that has power in the world market. Today bitcoin becomes a pioneer for all digital currencies.
I'm sure bitcoin can be like a dollar, bitcoin will be the benchmark of everything and also become the most popular digital currency.
I'm sure bitcoin can be like a dollar, bitcoin will be the benchmark of everything and also become the most popular digital currency.
XEM with Catapult. 3000+ transactions per second with low fees. Much less electricity usage. Just as secure. A natural evolution to what was a great invention in it's own right. Less inter coin politics as well by people who want to preserve the status quo.
Wwo... 3000 transactions per second capacity...
And in real life around 30 a day because nobody gives a damn about it.
Take a look at the following chart http://coinmarketcap.com/charts/#btc-percentage 4 years ago the market dominance of Bitcoin was ~95% today it is down to below 55%. When this thread was started the market dominance of Bitcoin was ~85%.
Let's make a chart about the number of shops accepting bitcoins and altcoins.
4 years ago... btc 100% altcoins 0%
now btc 100% altcoins 0%
Take a look at the following chart http://coinmarketcap.com/charts/#btc-percentage 4 years ago the market dominance of Bitcoin was ~95% today it is down to below 55%. When this thread was started the market dominance of Bitcoin was ~85%.
Bitcoin will stay as it is because there is no other cryptocurrency right now that can break the hype of Bitcoin. Since the people that trade Bitcoin already know that the whole purpose of trading Altcoins is just so they could get more Bitcoin explains my point.If you want to go even further to say that there's different types of Altcoin pairs that does not involve Bitcoin as the payout then I will just stop you to state that the reward made from trading that pair is more than likely going to get traded for Bitcoin, do the math.
Bitcoin is most successful cryptocurrency ever in world. A bit difficult if bitcoin can be replaced by another crypto. Bitcoin stays in front of all cryptocoin. In future, there will be only a few surviving cryptocoin.
Less people realize that fungibility is also a massive issue that needs to be fixed!
Cash, by law, is fungible but BTC is not, and if we get to a point where you can get in trouble for receiving tainted BTC, people will stop using it.
Cash, by law, is fungible but BTC is not, and if we get to a point where you can get in trouble for receiving tainted BTC, people will stop using it.
Honestly, I don't quite understand what you refer to here
You say that cash is fungible while Bitcoin is not and this is by law. But law (as a system of laws adopted by a government) is not applicable here (unless you mean the laws of nature, of course). Something is considered fungible if it possesses specific qualities that make it fungible. Basically, it is the property of individual units to be capable of mutual substitution, i.e. to be fungible they should be freely interchangeable. What does the law have to do with it? Indeed, you can announce that certain bitcoins from certain addresses are outlawed but that would quickly come down to outlawing all bitcoins since you can use mixers, create new wallets, then divide and move your coins there and so on. In other words, fungibility is guaranteed by the network, and to ban a few bitcoins you will have to ban the whole Bitcoin network
XEM with Catapult. 3000+ transactions per second with low fees. Much less electricity usage. Just as secure. A natural evolution to what was a great invention in it's own right. Less inter coin politics as well by people who want to preserve the status quo.
Xem also have a used but there is no such adoptation other then bitcoins that are circulating now in every part of the world .Every alternative currency have its own use and market so it may have a particular use in some thing but not like bitcoins. Bitcoins is not guarantee to be unreplaceable but its use in the future will guarantee that it will rise more than the other coins. 
There must be a solution for scalability, or it will be replaced.
Less people realize that fungibility is also a massive issue that needs to be fixed!
Cash, by law, is fungible but BTC is not, and if we get to a point where you can get in trouble for receiving tainted BTC, people will stop using it.
Less people realize that fungibility is also a massive issue that needs to be fixed!
Cash, by law, is fungible but BTC is not, and if we get to a point where you can get in trouble for receiving tainted BTC, people will stop using it.
Yes it could happen but i doubt very much it will happen, because Bitcoin the most popular than any cryptocurrency 
I don't think that any cryptocurrency can beat bitcoin and replaced it. Bitcoin is really strong enough to get replaced. Nowadays we see a lot of cryptocurrencies grow in the market. I mean with price side, Like Ethereum or dogecoin etc.. but this isn't mean that they could replace bitcoin.
XEM with Catapult. 3000+ transactions per second with low fees. Much less electricity usage. Just as secure. A natural evolution to what was a great invention in it's own right. Less inter coin politics as well by people who want to preserve the status quo.
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