Will Bitcoin be replaced by another cryptocurrency? - page 142.

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Quote from: Duzter on April 10, 2017, 12:40:41 AM

The increased pricing is the one that attracts the large user base than many other digital currencies that are created by cryptocurrency enthusiasts.

Could be one of the factors but none the main thing, the adoption and the presence of bitcoin in different countries will most likely make people curious about the system and when more and more business will use bitcoin, the demand will boom and the price will increase.
The price that we see which is increasing is more like the outcome of the demand so we also seek for adoption than the price alone.

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The increased pricing is the one that attracts the large user base than many other digital currencies that are created by cryptocurrency enthusiasts.

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Quote from: Moneroman88 on June 07, 2016, 04:19:53 PM

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?

Eventually, Yes. Anytime soon, No.
Because the way technology is moving right now, its not that hard to believe that something better will be created in the future, so yes it will be replaced one day for sure, as history has taught us that everything will eventually die out no matter how good.
But it is true that you don't see that happening any time soon.

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Quote from: delliaerd on April 08, 2017, 04:55:12 AM

Quote from: HatakeKakashi on April 07, 2017, 07:38:04 PM

Quote from: lOvE mE forEvEr on April 07, 2017, 10:10:01 AM

For now yes, but much coin better and perfect than bitcoin, and I'm sure someday bitcoin will be replaced with a better coin.

agree with you bro, everything have limit . Even bitcoin have limitation . There' s no forever in the world thats true. Bitcoin replaced by another coin I think decade will happen but as of now bitcoin is more powerful all of the coin. I hope the next coin that replaced in bitcoin better so we can earn more money. But I hope bitcoin will livelong so can help us to earn money.

sorry but I have a different opinion to you. if there is now a coin that were significantly better than the bitcoin bitcoin prices will not rise as it is today. the amount of market cap of bitcoin very far above altcoin, so I think this is not just about technology but there are a lot of things regarding bitcoin which is better than altcoin. many people using bitcoin, even the people in the deep web using bitcoin and developed countries like Japan, USA and Russia also regulate the use of bitcoin.

I totally agree with delliaerd with his statement. To prove this Bitcoin still has dominated the market even though there are far better Altcoins in terms of Technology, right now advancement is irrelevant on becoming the #1 Cryptocurrency in the market. Bitcoin became #1 not because of its technology but because it is the most popular, most demanded, and most valued Cryptocurrency out there. A new consumer will always stick to the option where he/she can use it at most, right now the only Cryptocurrency I think that is being acceped widely is Bitcoin. Other Altcoins are only accepted in some Online Gambling sites like Ethereum and Litecoin.

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Quote from: jualidbitmixer on April 09, 2017, 10:54:22 PM

Quote from: YTBitcoin on April 08, 2017, 06:04:25 PM

Quote from: megynacuna on April 08, 2017, 04:03:38 PM

Quote from: Moneroman88 on June 07, 2016, 04:19:53 PM

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 makes no sense because Altcoins keep springing up but all of them one way or the other forks part of Bitcoin and if this scenario continues I doubt if any could replace Bitcoin but they can exist as good coins but not to take the place of the premier coin.

Yes as we know that bitcoin is the first and master crypto currency and all other coins are the copies of bitcoin then how can a copy replace its original. It is hard for any of other crypto currency to replace bitcoin and to become the first crypto currency of the world.

Bitcoin is like the founder of cryptocoins, there are many crypto currency out there because bitcoin. Without bitcoin, all cryptocurrency will never happen. But, i think bitcoin can be replaced by another cryptocurrency IF something bad really happen into bitcoin. Other popular cryptocoins will rise and replace bitcoin like Doge, eth, dash and many else.

Just look at the value of bitcoins and compare it to those altcoins and those altcoins are not anywhere in the list to compete with bitcoins so I don't think that any altcoin can be that powerful that can replace bitcoins in near future.

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Quote from: YTBitcoin on April 08, 2017, 06:04:25 PM

Quote from: megynacuna on April 08, 2017, 04:03:38 PM

Quote from: Moneroman88 on June 07, 2016, 04:19:53 PM

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 makes no sense because Altcoins keep springing up but all of them one way or the other forks part of Bitcoin and if this scenario continues I doubt if any could replace Bitcoin but they can exist as good coins but not to take the place of the premier coin.

Yes as we know that bitcoin is the first and master crypto currency and all other coins are the copies of bitcoin then how can a copy replace its original. It is hard for any of other crypto currency to replace bitcoin and to become the first crypto currency of the world.

Bitcoin is like the founder of cryptocoins, there are many crypto currency out there because bitcoin. Without bitcoin, all cryptocurrency will never happen. But, i think bitcoin can be replaced by another cryptocurrency IF something bad really happen into bitcoin. Other popular cryptocoins will rise and replace bitcoin like Doge, eth, dash and many else.

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Quote from: Moneroman88 on June 07, 2016, 04:19:53 PM

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?

Yes, the probability is very high but making bitcoin obsolete is very unlikely to happen. I can mention many devices,machines or tools that they are the first company to invent and produce but however they are topped by another company. This is something that will also happen to bitcoin.

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Quote from: aardvark15 on April 08, 2017, 06:11:42 PM

Quote from: YTBitcoin on April 08, 2017, 06:04:25 PM

Quote from: megynacuna on April 08, 2017, 04:03:38 PM

Quote from: Moneroman88 on June 07, 2016, 04:19:53 PM

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 makes no sense because Altcoins keep springing up but all of them one way or the other forks part of Bitcoin and if this scenario continues I doubt if any could replace Bitcoin but they can exist as good coins but not to take the place of the premier coin.

Yes as we know that bitcoin is the first and master crypto currency and all other coins are the copies of bitcoin then how can a copy replace its original. It is hard for any of other crypto currency to replace bitcoin and to become the first crypto currency of the world.

Some people have said that if there is a hard fork, it will weaken Bitcoin and one of the major altcoins could pass it in value. It seems that this may be the only scenario in which any altcoin could overtake Bitcoin in value.

I don't think that there can be any powerful altcoin that has potential to replace bitcoins as altcoin price will never exceed the price of bitcoin ever in future so its almost impossible to happen as bitcoin will always be the king of crypto currency.

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Quote from: YTBitcoin on April 08, 2017, 06:04:25 PM

Yes as we know that bitcoin is the first and master crypto currency and all other coins are the copies of bitcoin then how can a copy replace its original. It is hard for any of other crypto currency to replace bitcoin and to become the first crypto currency of the world.

They are not just a copy paste of bitcoin. Most altcoins have something an actual thing to offer. For example, the new and quite hyped up coin on Liqui, the Edgeless (EDG coin). The coin can be used in the casino that doesn't have a house edge. Most gamblers say that they are losing because of the house edge so I guess that's what gave the developers that idea for a coin. Other coins have their own target market. Altcoins are better than bitcoins at some aspect but that's not enough for them to replace bitcoins.

21 billion market cap is a really huge number for a new coin to chase so replacing bitcoins wouldn't be that easy. A killer feature that will obsolete bitcoin's feature is the only reason I can think of as to how a coin will surpass bitcoins.

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Quote from: YTBitcoin on April 08, 2017, 06:04:25 PM

Quote from: megynacuna on April 08, 2017, 04:03:38 PM

Quote from: Moneroman88 on June 07, 2016, 04:19:53 PM

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 makes no sense because Altcoins keep springing up but all of them one way or the other forks part of Bitcoin and if this scenario continues I doubt if any could replace Bitcoin but they can exist as good coins but not to take the place of the premier coin.

Yes as we know that bitcoin is the first and master crypto currency and all other coins are the copies of bitcoin then how can a copy replace its original. It is hard for any of other crypto currency to replace bitcoin and to become the first crypto currency of the world.

Some people have said that if there is a hard fork, it will weaken Bitcoin and one of the major altcoins could pass it in value. It seems that this may be the only scenario in which any altcoin could overtake Bitcoin in value.

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Quote from: megynacuna on April 08, 2017, 04:03:38 PM

Quote from: Moneroman88 on June 07, 2016, 04:19:53 PM

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 makes no sense because Altcoins keep springing up but all of them one way or the other forks part of Bitcoin and if this scenario continues I doubt if any could replace Bitcoin but they can exist as good coins but not to take the place of the premier coin.

Yes as we know that bitcoin is the first and master crypto currency and all other coins are the copies of bitcoin then how can a copy replace its original. It is hard for any of other crypto currency to replace bitcoin and to become the first crypto currency of the world.

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Quote from: Moneroman88 on June 07, 2016, 04:19:53 PM

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 makes no sense because Altcoins keep springing up but all of them one way or the other forks part of Bitcoin and if this scenario continues I doubt if any could replace Bitcoin but they can exist as good coins but not to take the place of the premier coin.

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Quote from: DoublerHunter on April 07, 2017, 05:06:18 AM

Quote from: danherbias07 on April 07, 2017, 04:32:58 AM

Quote from: lite on April 06, 2017, 02:07:54 PM

Quote from: logicgate on April 05, 2017, 04:16:05 AM

Quote from: Moneroman88 on June 07, 2016, 04:19:53 PM

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 think bitcoin would not be replace by another cryptocurrency because of its popularity and its features.but if the another currency which would more advance than bitcoin,and having more features than bitcoin could be replace.

There are many altcoins with better features than bitcoin yet bitcoin #1, no matter how many new feature a new altcoin brings bitcoin will always be #1. nothing can replace bitcoin!

Yes I see a lot of changes with different coins and yet it cannot surpass bitcoin. I guess it is still about trust and being the pioneer strengthens that trust.
Many bitcoin users may have switched to other coins but they didn't leave their bitcoin wallets zero. They will still leave something for the we dont know when it could increase. We still look forward for that.

Yes a lot of bitcoin users are using another kind of cryptocurrency for trading and also for their own purpose. Even though there is no altcoin that surpass the bitcoin, i still believed there is still a chance for bitcoin to be replaced because bitcoin is getting older and most of its features doesn't justify now just like the fast transactions.

Bitcoin aint old. The mined bitcoin isnt even over yet and it will take more years to get all of that.
It is still at its young stage. The older part would be if all are mined then maybe 20 years of circulation with users and merchants. That is how it should after all of this. Miners will be getting funds from transaction in that moment.

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Quote from: Moneroman88 on June 07, 2016, 04:19:53 PM

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?

Nope.

Time is NOT on the side of the powers that be to switch to another cryptocurrency because that will severely affect the rate of adoption.

People that are currently not into bitcoin will say to themselves, "If bitcoin having such a strong presence and support, with first-mover advantage, can crash and be replaced, what makes the current leading cryptocurrency (ethereum/monero/litecoin/etc) won't be affected by the same in the future? I might as well buy gold and silver and stay safe."

For bitcoin to be toppled and replaced by another cryptocurrency will be more serious than having a hard fork.

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Quote from: HatakeKakashi on April 07, 2017, 07:38:04 PM

Quote from: lOvE mE forEvEr on April 07, 2017, 10:10:01 AM

For now yes, but much coin better and perfect than bitcoin, and I'm sure someday bitcoin will be replaced with a better coin.

agree with you bro, everything have limit . Even bitcoin have limitation . There' s no forever in the world thats true. Bitcoin replaced by another coin I think decade will happen but as of now bitcoin is more powerful all of the coin. I hope the next coin that replaced in bitcoin better so we can earn more money. But I hope bitcoin will livelong so can help us to earn money.

sorry but I have a different opinion to you. if there is now a coin that were significantly better than the bitcoin bitcoin prices will not rise as it is today. the amount of market cap of bitcoin very far above altcoin, so I think this is not just about technology but there are a lot of things regarding bitcoin which is better than altcoin. many people using bitcoin, even the people in the deep web using bitcoin and developed countries like Japan, USA and Russia also regulate the use of bitcoin.

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Quote from: deppil on April 07, 2017, 07:51:41 PM

Quote from: KesoNie on April 07, 2017, 04:24:37 AM

Quote from: Moneroman88 on June 07, 2016, 04:19:53 PM

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?

no it will never be. because it is the first and father of all alt coins and it has the highest value among all other crypto currencies. and many of people in the world are now investing on it , people get interested on it.

i think bitcoin first created as cryptocurrency. does not mean that bitcoin will not be replaced.. I think if there is a more sophisticated coin then all users prefer to us new coins then bitcoin will be replaced

There is a chance that bitcoin can be replaced but as of now, it is impossible because if bitcoin can be replaced then there is a lot of users who will not use bitcoin. As of now, there is no altcoin that can beat bitcoin and it will take few more years before bitcoin is replaced. Enjoy now while we have bitcoin and don't think for replacements because it will take a lot of time before we get that.

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I do favour a more democratic system, but BU isn't that, nor is blockstream btw. Nor does any altcoin btw. Crypto is young, crypto is new. True consensus will be there in a few years.
Till that we have to deal with what we have.. BTC.

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Quote from: KesoNie on April 07, 2017, 04:24:37 AM

Quote from: Moneroman88 on June 07, 2016, 04:19:53 PM

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?

no it will never be. because it is the first and father of all alt coins and it has the highest value among all other crypto currencies. and many of people in the world are now investing on it , people get interested on it.

i think bitcoin first created as cryptocurrency. does not mean that bitcoin will not be replaced.. I think if there is a more sophisticated coin then all users prefer to us new coins then bitcoin will be replaced

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Quote from: lOvE mE forEvEr on April 07, 2017, 10:10:01 AM

For now yes, but much coin better and perfect than bitcoin, and I'm sure someday bitcoin will be replaced with a better coin.

agree with you bro, everything have limit . Even bitcoin have limitation . There' s no forever in the world thats true. Bitcoin replaced by another coin I think decade will happen but as of now bitcoin is more powerful all of the coin. I hope the next coin that replaced in bitcoin better so we can earn more money. But I hope bitcoin will livelong so can help us to earn money.

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Quote from: lite on April 06, 2017, 02:07:54 PM

Quote from: logicgate on April 05, 2017, 04:16:05 AM

Quote from: Moneroman88 on June 07, 2016, 04:19:53 PM

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 think bitcoin would not be replace by another cryptocurrency because of its popularity and its features.but if the another currency which would more advance than bitcoin,and having more features than bitcoin could be replace.

There are many altcoins with better features than bitcoin yet bitcoin #1, no matter how many new feature a new altcoin brings bitcoin will always be #1. nothing can replace bitcoin!

I think so some altcoin has enough features innovative and probably better. ETH examples
but it will not make the user leaves bitcoin

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