Now , it is impossible for any other crypto currency to overtake bitcoin.
The growth percentage of bitcoin is very high than any
other crypto currency and most of the people trust bitcoin.
Also bitcoin forum helps people to earn a lot .
More over bitcoin is trusted worldwide making it the best crypto currency.
Another thing that showcases the growth of bitcoin
is that Starbucks and Steam have started accepting transaction made in bitcoins.
Topic: Will Bitcoin be replaced by another cryptocurrency? - page 160. (Read 186418 times)
Bitcoin investment is safe and secure when compared to any other altcoin most of which are just pump and dump.Its very hard for another crypto currency to replace bitcoin. But when quantum computing comes in future and if it affects block chain system, then at such situation, it may become possible for a altcoin to replace bitcoin.
Also bitcoin have the biggest market cap among of cryptocurrecy, and so many people in the deep web are use bitcoin. But I disagree with you about altcoins is just for pump and dump, I am sure that altcoin can be good long time investment too. 
Bitcoin investment is safe and secure when compared to any other altcoin most of which are just pump and dump.Its very hard for another crypto currency to replace bitcoin. But when quantum computing comes in future and if it affects block chain system, then at such situation, it may become possible for a altcoin to replace bitcoin.
Also bitcoin have the biggest market cap among of cryptocurrecy, and so many people in the deep web are use bitcoin. But I disagree with you about altcoins is just for pump and dump, I am sure that altcoin can be good long time investment too. 
Bitcoin investment is safe and secure when compared to any other altcoin most of which are just pump and dump.Its very hard for another crypto currency to replace bitcoin. But when quantum computing comes in future and if it affects block chain system, then at such situation, it may become possible for a altcoin to replace bitcoin.
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?
There is a big possibility that bitcoin can be replaced by another cryptocurrency. But take note of this, as long as the price of bitcoin is continuously in progress, together with the users also increases daily, and more investors are coming in daily too, replacing by it wouldn't be happen.
Yes, if people still believe in bitcoins then there is no chance yet for it to be replaced. Bitcoins has gotten so far and I don't think it can be easily be replaced by some other cryptocurrency just like that. But I still don't discount the fact that there will be chances that bitcoin can be replaced.
If you will compare bitcoin with altcoins you can tell that there is a big difference and with the current situation you can tell that bitcoin are more dominant as most of the legitimate altcoins are dropping its price while bitcoin is soaring.
may be in future but in my opinion it is vety hard to say that any new online digital currency may overcome the bitcoin but still there are many problems because who will invest much amount of money in new coin or online currency .
Its very hard to say its replaceable because its really pioneer and now no one can replace but we can say some can give support like we have in metals Gold is Pioneer and others giving him good support
may be in future but in my opinion it is vety hard to say that any new online digital currency may overcome the bitcoin but still there are many problems because who will invest much amount of money in new coin or online currency .
Its very hard to say its replaceable because its really pioneer and now no one can replace but we can say some can give support like we have in metals Gold is Pioneer and others giving him good support
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?
There is a big possibility that bitcoin can be replaced by another cryptocurrency. But take note of this, as long as the price of bitcoin is continuously in progress, together with the users also increases daily, and more investors are coming in daily too, replacing by it wouldn't be happen.
I have changed my views regarding this question in the last years/months. In the past, I was convinced that Bitcoin on the long term would be replaced by a Proof of Stake cryptocurrency.
Now, for me it's not so clear anymore. PoW has definitively higher costs for blockchain maintenance than alternative algorithms, but academic research in the past years is indicating its also probably stronger in terms of security. And I am getting more optimistic that renewable energies are enabling a environmental-friendly mining business (in the future, I think, most miners will reside in "high-energy spots" like Iceland, the Sahara, Patagonia or the Andes where solar, geothermal or wind energy abound).
So it's possible for BTC to stay as the market leader for many decades. However, I think in the future we will have more strong blockchains around.
Now, for me it's not so clear anymore. PoW has definitively higher costs for blockchain maintenance than alternative algorithms, but academic research in the past years is indicating its also probably stronger in terms of security. And I am getting more optimistic that renewable energies are enabling a environmental-friendly mining business (in the future, I think, most miners will reside in "high-energy spots" like Iceland, the Sahara, Patagonia or the Andes where solar, geothermal or wind energy abound).
So it's possible for BTC to stay as the market leader for many decades. However, I think in the future we will have more strong blockchains around.
I think it is difficult and near impossible, when people talk cryptocurrency, then they will know bitcoin. I also know that there are many altcoin the technology side is better than bitcoin, but because bitcoin is first then it will not be replaced.
I do think it's difficult for any cryptocurrencies to take over the place of bitcoin but I don't assume that this is impossible. And there are literally nothing predictable in this crypto world, especially when it comes to bitcoin. It's not gonna happen now for sure, but after a few years or even decades, things won't be the same anymore and so does bitcoin. To make matters worse if bitcoin gets to be regulated like wherechina is heading we might shift to another crypto in no time
Didn't know China is regulating bitcoin. Its effect might just be different to some other countries because it means that the Chinese government will not be collecting taxes from BTC companies. BTC is accepted already so this can be the beginning of some other countries to regular it too. I thinks Switzerland is also regulating bitcoin.
It will be promoted to commoners in their country too. The more audience the more bitcoin investors and will result to better price.
Bitcoins should be considered a parent experiment out of which altcoins took birth.
So, alts with even the most highly modern features can't beat Bitcoins because Bitcoin has been in the markets and is well-accepted by many big investors as well as some Giants including Bill Gates, will these people ever look for any other alts when they have such an investment where they are assured to get greater returns in future?
So, alts with even the most highly modern features can't beat Bitcoins because Bitcoin has been in the markets and is well-accepted by many big investors as well as some Giants including Bill Gates, will these people ever look for any other alts when they have such an investment where they are assured to get greater returns in future?
yes it may happen but i think bitcoin has reached to a level where it is difficult for any other cryptocurrency to replace it or reached to its level because it takes a huge time to evolve and bitcoin takes almost 10 year to reached this level. in other words we can say that it is the mother of all cryptocurrency.......
You are right bitcoin has take a longer period to reach to that level and there are a lot of supporters of bitcoin and bitcoin is used everywhere for different services all over the internet so if someone will think that another crypto currency will come to replace bitcoin then they will at mistake. It really depends on the people. Someone will create or already created a cryptocurrency that can make the bitcoin obsolete. It may not be clear now but in the future when someone will be interested in that certain cryptocurrency and pump its value then maybe bitcoiners will transfer some of their funds to that cryptocurrency and later on make the bitcoin's value lower.
Anything is possible.. Btc can be replaced.. But not in a short term...may be in the future
This is true,bitcoin could really be replaced by other crypto on which it bypasses the features of bitcoin as of now but i do believe it would really be a long time because seeing the progress and adoption of bitcoin as of now i could say that its hard to beat it in todays standing.Anything is possible.. Btc can be replaced.. But not in a short term...may be in the future
Probably there will be a coin that will be so revolutionary that may match bitcoin, but that would probably take a while. And the adoption of bitcoins has not even reached its peak and for sure any new coin will not be able to reach what bitcoins has reached.
I think it is difficult and near impossible, when people talk cryptocurrency, then they will know bitcoin. I also know that there are many altcoin the technology side is better than bitcoin, but because bitcoin is first then it will not be replaced.
I do think it's difficult for any cryptocurrencies to take over the place of bitcoin but I don't assume that this is impossible. And there are literally nothing predictable in this crypto world, especially when it comes to bitcoin. It's not gonna happen now for sure, but after a few years or even decades, things won't be the same anymore and so does bitcoin. To make matters worse if bitcoin gets to be regulated like wherechina is heading we might shift to another crypto in no time
It really depends on the people. Someone will create or already created a cryptocurrency that can make the bitcoin obsolete. It may not be clear now but in the future when someone will be interested in that certain cryptocurrency and pump its value then maybe bitcoiners will transfer some of their funds to that cryptocurrency and later on make the bitcoin's value lower.
Anything is possible.. Btc can be replaced.. But not in a short term...may be in the future
This is true,bitcoin could really be replaced by other crypto on which it bypasses the features of bitcoin as of now but i do believe it would really be a long time because seeing the progress and adoption of bitcoin as of now i could say that its hard to beat it in todays standing. Anything is possible.. Btc can be replaced.. But not in a short term...may be in the future
It really depends on the people. Someone will create or already created a cryptocurrency that can make the bitcoin obsolete. It may not be clear now but in the future when someone will be interested in that certain cryptocurrency and pump its value then maybe bitcoiners will transfer some of their funds to that cryptocurrency and later on make the bitcoin's value lower.
Anything is possible.. Btc can be replaced.. But not in a short term...may be in the future
Anything is possible.. Btc can be replaced.. But not in a short term...may be in the future
yes it may happen but i think bitcoin has reached to a level where it is difficult for any other cryptocurrency to replace it or reached to its level because it takes a huge time to evolve and bitcoin takes almost 10 year to reached this level. in other words we can say that it is the mother of all cryptocurrency.......
very difficult for me. because bitcoin is an icon of the digital currency today. all depends on the price movements of bitcoin. so I conclude that bitcoin will survive and remain will be a digital currency that is most widely used.It doesn't depend on price movement, it depends on the proper development of the core.
Satoshi was a decent developer and he thought the block size should be unlimited. All this SegWit and Lightning code might be fine and dandy running on an open chain. But choking off the main chain is hurting the growth and adoption of the currency. The blocksize should be 2MB at a minimum. If you do the research, you'll see the 1MB was not supposed to be static. It was intended to be a temporary solution only.
If this doesn't get fixed soon, Paypal will begin looking like a more attractive option to both merchants and customers.
bitcoin will not be replaced by another cybercurrency, it will always the cybergold and no other coin can replace it. That said, each country can issue its own cybercoin as bitcoin with its limited amount, can not scale.
I've seen many coins that were far more technically sophisticated and reliable, or with some innovative distribution method. Each time investors and creators were hyped about the superiority of their coin over BTC and were making bright future plans, but afterall it always ended in pump&dump scheme. As the world-wide recognition and adoption level seems to be most important factors for cryptoicurrencies success, I can see no possible competitor for bitcoin at the moment.
Sorry I dissagree with you. There are some altcoin that still pump/growing although the market cap is still smaller than bitcoin. Although it is hard to see altcoin replace bitcoin but altcoin gives trader chance to grow thier money. 
Bitcoin has served the community well during this present time but that doesn't mean It can't be replaced by another cryptocurrency even Me I don't think bitcoin will dominate the crypto world forever but one thing for sure it's not gonna be easy to defeat bitcoin and make it obsolete
I strongly believe that bitcoin will always be a dominant in crypto currency because major of its idea was originated from it. And wow? The original one will be replaced by new ones, that's a disgrace and dishonor to bitcoin. It is not really going to be possible for a new crypto to replace bitcoin but let's get real bitcoin will always be the number one.
Bitcoin has served the community well during this present time but that doesn't mean It can't be replaced by another cryptocurrency even Me I don't think bitcoin will dominate the crypto world forever but one thing for sure it's not gonna be easy to defeat bitcoin and make it obsolete
I strongly believe that bitcoin will always be a dominant in crypto currency because major of its idea was originated from it. And wow? The original one will be replaced by new ones, that's a disgrace and dishonor to bitcoin. It is not really going to be possible for a new crypto to replace bitcoin but let's get real bitcoin will always be the number one.
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