Will Bitcoin be replaced by another cryptocurrency? - page 164.

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Quote from: Ziskinberg on January 18, 2017, 10:15:49 PM

Quote from: bitloud on January 18, 2017, 10:06:48 PM

Yes It is possible. Now bitcoin taking some delays for getting confirmations. That is a negative aspect of bitcoin. We can expect more advanced crypto currentcy in upcoming days.

It's not a big problem for bitcoin, maybe in the future since the system will be more loaded due to the increasing adoption, the fee for transaction would be higher. However, you can actually choose to pay a higher fee with the present situation to have your transaction prioritize.

The network is just fine but we have to understand the situation. Still, I believe there's a possibility it will be replace but I am not thinking of it now, I am focus on the progress of bitcoin.

Or maybe when The Lightening Network (LP) is fully implemented, We wouldn't have issues waiting for confirmations again. Confirmations can be irritating, No doubt, But Bitcoin still remains on top. If there's ever gonna be a Cryptocurrency that will one day replace bitcoin, Fast confirmations isn't the only thing that cryptocurrency (If there will be) will have in order to be adopted by people as bitcoin is now.

megynacuna

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At the moment Bitcoin looks great with everything going for it but even though the task of another cryptocurrency overtaking it looks insurmountable in the foreseeable future it is still possible because of human nature and how we adjust to adopting new things which seem to address the flaws of the current or obsolete things. There are Altcoins that I'm particularly impressed with currently and I know they will keep coming.

ReLieD

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This topic has been thrived a several times , and the majority of the answers we No.
No other crypto currency will even take the place or overtake Bitcoin.
As for now it is the Best cryptocurrency what so ever .
If the present growth percentage of Bitcoin keeps on increasing in such a way,
it would be impossible for any other crypto currency to ever overcome bitcoin.

Ziskinberg

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Quote from: bitloud on January 18, 2017, 10:06:48 PM

Yes It is possible. Now bitcoin taking some delays for getting confirmations. That is a negative aspect of bitcoin. We can expect more advanced crypto currentcy in upcoming days.

It's not a big problem for bitcoin, maybe in the future since the system will be more loaded due to the increasing adoption, the fee for transaction would be higher. However, you can actually choose to pay a higher fee with the present situation to have your transaction prioritize.

The network is just fine but we have to understand the situation. Still, I believe there's a possibility it will be replace but I am not thinking of it now, I am focus on the progress of bitcoin.

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Yes It is possible. Now bitcoin taking some delays for getting confirmations. That is a negative aspect of bitcoin. We can expect more advanced crypto currentcy in upcoming days.

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Quote from: Drnice on January 18, 2017, 09:34:10 PM

for another crypto currency to replace the present position of bitcoin, that is sounding like a battle that cannot be won, but if possible it will not be easy and it will take that currency a lot of time to make their dreams a reality..

Not if that Altcoin is far more perfect than bitcoin... If it has features more than what bitcoin has, then it is possible that an Altcoin could replace bitcoin... But the best is if it is centralized and endorsed by the strongest government in the world as theirs and as a legal digital currency aside from their fiat, then probably it is the one that could replace bitcoin...

Lets just prepare to accept that we cannot earn it easy like how we earn bitcoin, for sure, opportunity to earn it is not common...

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for another crypto currency to replace the present position of bitcoin, that is sounding like a battle that cannot be won, but if possible it will not be easy and it will take that currency a lot of time to make their dreams a reality..

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Quote from: Moneroman88 on June 07, 2016, 03:19:53 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?

Everything in this world can be possible, Even in Bitcoin though that's the truth and reality were in the long run it can be replace by other cryptocurrency. But it will take a long years or decades before that happen. Because we knew how the community loved bitcoin so much.

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Quote from: Tanic on January 18, 2017, 03:27:41 PM

I doubt that bitcoin can be replaced by another crypto currency. Bitcoin is number one among crypto currencies. Those others just try to repeat the success of bitcoin. But as I know many crypto that appeared after bitcoin didn't survived till today. I think it's possible future to many others crypto currencies that exist now.

There is only one way to make bitcoin out of its position now. An alt coin that is worthy to replace bitcoin from the top spot in crypto currency must be able to surpass its market cap and that's all. People that will able to see that if there are more potential coins that has a lot of investors will make that coin to pump because of its demand and usage.

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Quote from: bajing on January 18, 2017, 04:02:37 PM

Quote from: boybugs18 on January 18, 2017, 05:16:44 AM

I dont think bitcoin will be replaced but many coins will emerge for exceptional use and bitcoin will be their superior . Bitcoin is the main cryptocurrency at the present and I think it is hard to compete to it and beat bitcoin purpose at this moment.

Yes it was impossible to happen, at any time until bitcoin will never be replaced, although many coins popping up and many people are predicting that eth can replace bitcoin but I do not agree with their opinion.

I have seen people think that Ethereum, Monero, zCash, Lisk, and the list goes on, have the potential to replace Bitcoin, but it's nothing more than a wild fantasy.

I don't know why people think these coins have even the slightest chance of replacing Bitcoin while these coins aren't any better than all other altcoins that only drive on pumps and dumps.

All things these coins have in common is that the developers in question are the real winners here. It's ridiculous how people can be so naive. It's a greed ruled industry.

savioroshan

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In my opinion it can happen. Who knows what is going to happen tomorrow. Chances are there. If any other digital currency which is better than bitcoin definitely it can replace bitcoin. But replacing bitcoin is not that easy. Because bitcoin has already created a place in everybody's life. Bitcoin got that popularity because it was the first digital currency launched. After bitcoin many digital currencies launched. But didn't get that popularity. When anyone thinks about digital currency, the first which comes in mind is bitcoin. Whatever currencies come, it is really difficult to take bitcoin out of our mind. Yeah there are chances that bitcoin can be replaced by other currencies but not anytime sooner.it may take a lot of time for any other currency to replace bitcoin.

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Quote from: wahb on January 18, 2017, 02:20:05 AM

Quote from: Devboy on January 17, 2017, 10:57:11 PM

Quote from: jaymarkcapoy11 on January 17, 2017, 10:47:39 PM

Quote from: Moneroman88 on June 07, 2016, 03:19:53 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?

There are many crypto-currency not only bitcoin but in the question that if it is replace I probably say not cause bitcoin is an old crypto-currency and it also use now by many people and bitcoin is used in payment like freelancing and other investment site and thats the reason why I say not.

Yeah!In beggining bitcoin was dominated other crypto-currencies over more than 8 years.According to be replaced by other currency could be a dream only,there nothing any strong opponent who can come over bitcoin and defeat in present situatio while bitcoin continuously growing.

many people are spending wrong news about bitcoin. according to some alt coins can lead bitcoin, i think actually are the support of such coins and want to promote it, but i think it is not such an easy job. there is not competitor of bitcoin in current time. bitcoin is the best and hope that it will continue holding the status of 1st crypto currency of the world.

If we see to the supporters of bitcoin and the supporters of other coins we can say that none of them will be able to compete bitcoin. the success of bitcoin is much higher than any other coin. It not only depend on marketcap but also depend on the usage of any coin. It is true that bitcoin will be the best all the time.

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Quote from: boybugs18 on January 18, 2017, 05:16:44 AM

I dont think bitcoin will be replaced but many coins will emerge for exceptional use and bitcoin will be their superior . Bitcoin is the main cryptocurrency at the present and I think it is hard to compete to it and beat bitcoin purpose at this moment.

Yes it was impossible to happen, at any time until bitcoin will never be replaced, although many coins popping up and many people are predicting that eth can replace bitcoin but I do not agree with their opinion.

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Quote from: Tanic on January 18, 2017, 03:27:41 PM

I doubt that bitcoin can be replaced by another crypto currency. Bitcoin is number one among crypto currencies. Those others just try to repeat the success of bitcoin. But as I know many crypto that appeared after bitcoin didn't survived till today. I think it's possible future to many others crypto currencies that exist now.

There are times where i think Bitcoin is a solid choice, but sometimes i hope a an altcoin that is better and that will replace Bitcoin. Bitcoin has a lot going and proved it is not just a minor thing the internet people play with, but it still has problems. There are solutions to these, but not all of them are convincing. So sometimes i fell like a fresh start would be the best.

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I doubt that bitcoin can be replaced by another crypto currency. Bitcoin is number one among crypto currencies. Those others just try to repeat the success of bitcoin. But as I know many crypto that appeared after bitcoin didn't survived till today. I think it's possible future to many others crypto currencies that exist now.

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Quote from: bitloud on January 18, 2017, 05:00:52 AM

Nothing is impossible. We can expect another currency is coming to beat Bitcoin. Beause we are living in a advanced world. new new advanced technologies coming in this world. But its very hard to beat Bitcoin. Because it already showed its power in the world.

You do not know that how many people are in the favor of bitcoin to use it as their currency for their businesses and for their shopping online etc. Bitcoin has got a place which another coin cannot get imo. So do not think that any other coin will come to replace bitcoin.

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Quote from: gembitz on January 18, 2017, 02:57:38 PM

Quote from: ChrisPop on January 17, 2017, 03:06:25 PM

From my point of view there is a very very low probability that an "altcoin" could replace the "father" of all crypto-currencies,the all mighty Bitcoin. Cheesy

Bitcoin is on a continuous uptrend and daily more and more people and entities start accepting it. So bitcoin gains people's trust while a new coin would have to "travel" all the bumpy road that bitcoin passed so far.

^come on bro what happened to onecoin? Shocked

~ gamechanger lolololol

That's all just hype... Nothing else. See the ZCash, Onecoin, etc. The owners created HYIPs and Ponzis in the mask of crypto-currencies.

There may come an altcoin in future which may be used as a secondary coin by everyone, but primary would probably remain bitcoin.

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Quote from: gembitz on January 18, 2017, 02:57:38 PM

Quote from: ChrisPop on January 17, 2017, 03:06:25 PM

From my point of view there is a very very low probability that an "altcoin" could replace the "father" of all crypto-currencies,the all mighty Bitcoin. Cheesy

Bitcoin is on a continuous uptrend and daily more and more people and entities start accepting it. So bitcoin gains people's trust while a new coin would have to "travel" all the bumpy road that bitcoin passed so far.

^come on bro what happened to onecoin? Shocked

~ gamechanger lolololol

Or Maybe TBC Coin? is that it? Even If there's any Cryptocurrency Coin that will replace bitcoin in the future, I'm 100% certain it won't be a Ponzi or Matrix Scheme Coin. Bitcoin excels because It was the first cryptocurrency and it had it's own level of innovative technology. It's open sourced, Publicly available to everybody. Even If people appreciate ponzi and shitty coins now (maybe by pumping the price) It still wouldn't surpass bitcoin.

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Quote from: ChrisPop on January 17, 2017, 03:06:25 PM

From my point of view there is a very very low probability that an "altcoin" could replace the "father" of all crypto-currencies,the all mighty Bitcoin. Cheesy

Bitcoin is on a continuous uptrend and daily more and more people and entities start accepting it. So bitcoin gains people's trust while a new coin would have to "travel" all the bumpy road that bitcoin passed so far.

^come on bro what happened to onecoin? Shocked

~ gamechanger lolololol

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Quote from: Vasilije69 on January 18, 2017, 10:22:56 AM

It looks unbelievable to some cryptocurency reach value and popularity of Bitcoin. But who knows what could happen in next years...

Everything with bitcoin as well other digital currencies were highly unpredictable. Till now lots of currencies were getting into use everyday but only very few sustain for a long. So something to overcome or replace bitcoin has low possibility.

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