Topic: Will Bitcoin be replaced by another cryptocurrency? - page 165. (Read 186407 times)
It looks unbelievable to some cryptocurency reach value and popularity of Bitcoin. But who knows what could happen in next years...
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.
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?
Let such currency be X. Now X will be invented at least 9 years after Bitcoin.To replace Bitcoin, X should be better than Bitcoin.
Suppose public assume X to be a new potential and invested alot in it. X in turn offer various new features like instant confirmation of transaction, more secure, etc.
But still X will not able to obsolete Bitcoin, it would just be a competitor to Bitcoin.
Bitcoin already grabbed huge market due to first mover advantage. It has become standard for other cryptocurrencies.
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.
May occur, the value of the currencies of many countries always down if exchanged for strong currencies such as the dollar, surely the existence of the bitcoin will open up opportunities for countries adopting and replacing their currencies. This issue of the publication for accept by citizen.
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.
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.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.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. I've been more 2 years here in bitcoin industry and never in my entire life that I thought of the chance that bitcoin will replace by other cryptocurrency.
Bitcoin has a great impact in our life and economy no one would just come and replace the king. But, I believe there would really a rivalry between crytocurrency in the coming months.
Bitcoin has a great impact in our life and economy no one would just come and replace the king. But, I believe there would really a rivalry between crytocurrency in the coming months.
i dont think so, because some people make something new everyday to replaced the old ones with new method and etc.
Bitcoin will be replaced, i dont know when but it will be. Nothing is gonna be forever man.
When quantum computers come out new blockchain tech will follow including bitcoins replacement.
At least the current wallet already provides the quantum resistance. I'd like to call the quantum computer it seems like a delusional. 
536696#msg17536696 date=1484689843]
Technology is upgrading, so is Bitcoin in my opinion. Bitcoin developers are getting ready for this said doom of Bitcoin trying to make bitcoin resistant to quantum computers. but of course along the way there is always a competition on who is the number one cryptocurrency, and I also believe that when bitcoin fail, there will be a new currency that wil take its place.
I hope there will no replacement in the future , no bitcoin fail or somethingWhen quantum computers come out new blockchain tech will follow including bitcoins replacement.
Technology is upgrading, so is Bitcoin in my opinion. Bitcoin developers are getting ready for this said doom of Bitcoin trying to make bitcoin resistant to quantum computers. but of course along the way there is always a competition on who is the number one cryptocurrency, and I also believe that when bitcoin fail, there will be a new currency that wil take its place.
Bitcoin is too great to fail , even i know we cannot avoid the fact there is nothing last forever
Just hoping at least a digital money like bitcoin will keep alive for long time enough
Is is only the matter of time actually for common people accept this new technology go into digital age.
I've been more 2 years here in bitcoin industry and never in my entire life that I thought of the chance that bitcoin will replace by other cryptocurrency.
Bitcoin has a great impact in our life and economy no one would just come and replace the king. But, I believe there would really a rivalry between crytocurrency in the coming months.
Bitcoin has a great impact in our life and economy no one would just come and replace the king. But, I believe there would really a rivalry between crytocurrency in the coming months.
Why not? There are many reasons that Bitcoin could be replaced by another cryptocurrency in daily usage. But it is just a two sides of a coin. Bitcoin will remain as a store of value and because of that people will continue to invest in Bitcoin. But for daily use other cryptocurrencies are more suitable. In this case analogy with gold is very appropriate. Who uses gold today for daily transactions? People are using fiat currencies (in cash or in e-currency form). But gold remained as store of value. The same could happen with BTC in the future. It will remain prestigious as a world first cryptocurrency but someone will tkae the lead in daily usage.
This is true... I mean it's not like someone personally will go "replace the king" by declaring that everyone must use 'x-coin' from here on out. No...
People control what is in demand by the use and function of a coin. Right now, what Arvydas77 is saying is pretty much right; that Bitcoin's main function right now is a "stable" investment hedge against fiat that functions like gold, while also providing a sort of gold standard across all cryptos. This gives altcoins the value in USD you see today and as of right now it's a pretty good system. But this in no way makes Bitcoin "the king" because it's technologically superior by any means.
You need to continuously improve software, just as you would for you computers... the same goes for Bitcoin. Bitcoin is essentially that which desperately needs to be updated, but everyone is keep on hitting the "Remind Me Later" button while knowing that if they don't update it will slow things down.
536696#msg17536696 date=1484689843]
Technology is upgrading, so is Bitcoin in my opinion. Bitcoin developers are getting ready for this said doom of Bitcoin trying to make bitcoin resistant to quantum computers. but of course along the way there is always a competition on who is the number one cryptocurrency, and I also believe that when bitcoin fail, there will be a new currency that wil take its place.
When quantum computers come out new blockchain tech will follow including bitcoins replacement.
Technology is upgrading, so is Bitcoin in my opinion. Bitcoin developers are getting ready for this said doom of Bitcoin trying to make bitcoin resistant to quantum computers. but of course along the way there is always a competition on who is the number one cryptocurrency, and I also believe that when bitcoin fail, there will be a new currency that wil take its place.
When quantum computers come out new blockchain tech will follow including bitcoins replacement.
That alone would not be enough for Bitcoin to be replaced by another cryptocurrency, because Bitcoin could receive a quantum cryptography in its code, to protect the network against possible attacks.There are already solutions available for this, and I think the Litecoin developers are considering implementing this kind of protection.
From the last time I saw them discussing this: https://www.reddit.com/r/litecoin/comments/53xrnh/do_we_need_to_make_litecoin_quantum_resistant/
I'll stay in bitcoin because its impossible that bitcoin can be replace by another altcoin or any crypto currency bitcoin is unique almost the other there are just clone of bitcoin.. for safety stay in bitcoin
Just turn this around! Its impossible that bitcoin can replace FIAT, which somehow still seems to be the silent dream of many participants.
Says who? It used to be thought impossible to put a man on the moon.
Nothing is ever impossible. Bitcoin still leads and Thus, It is the most accepted Cryptocurrency. Bitcoin may be replaced in the future but I'm not sure It will be anytime soon (Maybe in a decade or two )
Bitcoin is offering people exactly what they want. Altcoins with their flashy gimmick features are only there to attract gamblers buying their coins where the majority ends up holding the bag. I don't consider any altcoin at this point to offer anything that people in Bitcoin are missing beside faster confirmation times. Another thing is that many people (aside from noobs of course) don't take altcoins serious at all. They just serve as a speculative investment solution.
I'll stay in bitcoin because its impossible that bitcoin can be replace by another altcoin or any crypto currency bitcoin is unique almost the other there are just clone of bitcoin.. for safety stay in bitcoin
Just turn this around! Its impossible that bitcoin can replace FIAT, which somehow still seems to be the silent dream of many participants.
Says who? It used to be thought impossible to put a man on the moon.
The difference between the two is that, government supports the idea of man in the moon, while with bitcoin, we have not seen this action from the government, so basically at this point the idea of bitcoin replacing certain currency is impossible. And even I am a Bitcoin enthusiast, I will never replace our currency with bitcoin, the main reason is, i do not want my country's economy be controlled by whales of Bitcoin.
I'll stay in bitcoin because its impossible that bitcoin can be replace by another altcoin or any crypto currency bitcoin is unique almost the other there are just clone of bitcoin.. for safety stay in bitcoin
Just turn this around! Its impossible that bitcoin can replace FIAT, which somehow still seems to be the silent dream of many participants.
Says who? It used to be thought impossible to put a man on the moon.
Nothing is ever impossible. Bitcoin still leads and Thus, It is the most accepted Cryptocurrency. Bitcoin may be replaced in the future but I'm not sure It will be anytime soon (Maybe in a decade or two )
When quantum computers come out new blockchain tech will follow including bitcoins replacement.
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. 
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.
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.
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