Topic: Will Bitcoin be replaced by another cryptocurrency? - page 176. (Read 186407 times)
Yes and no. I believe btc will fork with some major changes and better features. Everyone will move over to the new bitcoin.
No I cannot believe that this will happen at any point because the bitcoin is simply already way too big right now.
you are right that bitcoin is very much stronger currency and no one can be replace it by another currency because there is a lot of crypto currencies and just bitcoin on the top of all and bitcoin is on very stronger position so its very difficult and impossible that Bitcoin will be replaced by another cryptocurrency. 
This is the reality bitcoin even without any update or improvement, is used as asset to store altcoins results, as well to try to get an extra income with it. I doubt some other currency can reach and replace bitcoin, even knowing there are some coins already improving a lot their coins to get bigger, instead start to loose power against bitcoin.
Storage services like Storj, Maid, MegaUpload 2.0 and vTorrent altcoins and services that will strengthen Bitcoin even further.
Altcoins wanting to replace Bitcoin need to attract these type of coins to provide similar services.
Bitcoin has a strong ecosystem supporting it and trying to leverage off it.
Altcoins wanting to replace Bitcoin need to attract these type of coins to provide similar services.
Bitcoin has a strong ecosystem supporting it and trying to leverage off it.
So it's weakness of bitcoin? And altcoin will need attracting them to building the strong ecosystem like bitcoin? Seems like the key wasn't holding by the bitcoin itself.
It's a weakness of altcoins that want to take over from Bitcoin.
Every exchange uses Bitcoin as the exchange currency. That keeps the volume of BTC high.
So altcoins support Bitcoin.
If you are an altcoin, you need to find a way to get other altcoins to support you.
Not necessarily, you just need an exchange where the altcoin can directly exchanged to fiat currency and be popular like bitcoin. The truth is, they both supporting each other, bitcoin to altcoin and altcoin to bitcoin. It is that Bitcoin is much more popular right now that altcoin are seen at the back. But I am still into this belief "The only permanent in this world is change". So no matter how long it will take, some cryptocurrency will replace bitcoin in due time.
You're obviously wrong
Look at all the altcoins with new features. Bitcoin doesn't have any features.
So altcoins like vTorrent, for example, doesn't have any fiat conversion ability. For people to use the BitTorrent functionality, they need to use Bitcoin.
Altcoins have the features, Bitcoin is the reserve currency and a way for people almost anywhere in the world to convert fiat to Bitcoin. This makes Bitcoin highly desirable because of altcoins.
Do you see why you are wrong?
No I cannot believe that this will happen at any point because the bitcoin is simply already way too big right now.
Storage services like Storj, Maid, MegaUpload 2.0 and vTorrent altcoins and services that will strengthen Bitcoin even further.
Altcoins wanting to replace Bitcoin need to attract these type of coins to provide similar services.
Bitcoin has a strong ecosystem supporting it and trying to leverage off it.
Altcoins wanting to replace Bitcoin need to attract these type of coins to provide similar services.
Bitcoin has a strong ecosystem supporting it and trying to leverage off it.
So it's weakness of bitcoin? And altcoin will need attracting them to building the strong ecosystem like bitcoin? Seems like the key wasn't holding by the bitcoin itself.
It's a weakness of altcoins that want to take over from Bitcoin.
Every exchange uses Bitcoin as the exchange currency. That keeps the volume of BTC high.
So altcoins support Bitcoin.
If you are an altcoin, you need to find a way to get other altcoins to support you.
Not necessarily, you just need an exchange where the altcoin can directly exchanged to fiat currency and be popular like bitcoin. The truth is, they both supporting each other, bitcoin to altcoin and altcoin to bitcoin. It is that Bitcoin is much more popular right now that altcoin are seen at the back. But I am still into this belief "The only permanent in this world is change". So no matter how long it will take, some cryptocurrency will replace bitcoin in due time.
I am not sure of it. bitcoin is currently still the best coins of all existing cryptocurrency. no single coin that could rival bitcoin, even, bitcoin being a role model and the rest for other altcoin. I feel that it will remain in a very long time. because at the moment I do not see any potential altcoin can replace bitcoin.
Yeah, for now bitcoin is the most dominant currency in the crypto. When the value increase, altcoins are affected, but we cannot guarantee that it will last forever, it still depend on the users if they continue to patronize the use of bitcoin and if now, we will witness another big dump and that might not make bitcoin recover anymore.If that GovCoin will be devaluing and losing its purchasing power like other coins that the government has been printing so far, people will soon forget about it and start using Bitcoin instead. But I don't really think that any government is ever going to issue their own cryptocurrency anyway, just because it would mean admitting the strength of Bitcoin itself. It is not a good idea to try to outcompete Bitcoin where it is strongest.
I am not sure of it. bitcoin is currently still the best coins of all existing cryptocurrency. no single coin that could rival bitcoin, even, bitcoin being a role model and the rest for other altcoin. I feel that it will remain in a very long time. because at the moment I do not see any potential altcoin can replace bitcoin.
Yeah, for now bitcoin is the most dominant currency in the crypto. When the value increase, altcoins are affected, but we cannot guarantee that it will last forever, it still depend on the users if they continue to patronize the use of bitcoin and if now, we will witness another big dump and that might not make bitcoin recover anymore.If that GovCoin will be devaluing and losing its purchasing power like other coins that the government has been printing so far, people will soon forget about it and start using Bitcoin instead. But I don't really think that any government is ever going to issue their own cryptocurrency anyway, just because it would mean admitting the strength of Bitcoin itself. It is not a good idea to try to outcompete Bitcoin where it is strongest.
Remember, nothing can be flawless and change is the only constant in this world. So bitcoin can be replaced by another crypto currency in any time in future. But I don't see that is happening anything soon. Being a pioneer in the crypto currency world, bitcoin has a major share of the market cap in crypto currency world.
It may be possible only after 2023 when the bitcoin blocks will be exhausted and no new bitcoins can be mined. Then people will look for alternatives. To invest money and to get return like they got in bitcoins. That could be ETH or anything else. But replacement will be found.
I am not sure if you just spelled it wrong or something but the year 2023 is far away from being the end of mining. We still have a good 100 years for this. So i think it is more likely that Bitcoin will be replaces for other reasons or not at all if the time comes, because if it still works and is number 1 by then, then this would be a bad reason to switch to altcoins. It may be possible only after 2023 when the bitcoin blocks will be exhausted and no new bitcoins can be mined. Then people will look for alternatives. To invest money and to get return like they got in bitcoins. That could be ETH or anything else. But replacement will be found.
Remember, nothing can be flawless and change is the only constant in this world. So bitcoin can be replaced by another crypto currency in any time in future. But I don't see that is happening anything soon. Being a pioneer in the crypto currency world, bitcoin has a major share of the market cap in crypto currency world.
It may be possible only after 2023 when the bitcoin blocks will be exhausted and no new bitcoins can be mined. Then people will look for alternatives. To invest money and to get return like they got in bitcoins. That could be ETH or anything else. But replacement will be found.
It may be possible only after 2023 when the bitcoin blocks will be exhausted and no new bitcoins can be mined. Then people will look for alternatives. To invest money and to get return like they got in bitcoins. That could be ETH or anything else. But replacement will be found.
I am not sure of it. bitcoin is currently still the best coins of all existing cryptocurrency. no single coin that could rival bitcoin, even, bitcoin being a role model and the rest for other altcoin. I feel that it will remain in a very long time. because at the moment I do not see any potential altcoin can replace bitcoin.
Yeah, for now bitcoin is the most dominant currency in the crypto. When the value increase, altcoins are affected, but we cannot guarantee that it will last forever, it still depend on the users if they continue to patronize the use of bitcoin and if now, we will witness another big dump and that might not make bitcoin recover anymore.I am not sure of it. bitcoin is currently still the best coins of all existing cryptocurrency. no single coin that could rival bitcoin, even, bitcoin being a role model and the rest for other altcoin. I feel that it will remain in a very long time. because at the moment I do not see any potential altcoin can replace bitcoin.
Yeah, for now bitcoin is the most dominant currency in the crypto. When the value increase, altcoins are affected, but we cannot guarantee that it will last forever, it still depend on the users if they continue to patronize the use of bitcoin and if now, we will witness another big dump and that might not make bitcoin recover anymore. 
I am not sure of it. bitcoin is currently still the best coins of all existing cryptocurrency. no single coin that could rival bitcoin, even, bitcoin being a role model and the rest for other altcoin. I feel that it will remain in a very long time. because at the moment I do not see any potential altcoin can replace bitcoin.
Bitcoin has an advantage because it was the first. It remains the most recognized and accepted cryptocurrency so I don't think it will be replaced but I think some others will also be successful.
bitcoin digital currency is a first. I believe bitcoin is a benchmark currency. bitcoin will never be replaced by other altcoin.
Storage services like Storj, Maid, MegaUpload 2.0 and vTorrent altcoins and services that will strengthen Bitcoin even further.
Altcoins wanting to replace Bitcoin need to attract these type of coins to provide similar services.
Bitcoin has a strong ecosystem supporting it and trying to leverage off it.
Altcoins wanting to replace Bitcoin need to attract these type of coins to provide similar services.
Bitcoin has a strong ecosystem supporting it and trying to leverage off it.
So it's weakness of bitcoin? And altcoin will need attracting them to building the strong ecosystem like bitcoin? Seems like the key wasn't holding by the bitcoin itself.
It's a weakness of altcoins that want to take over from Bitcoin.
Every exchange uses Bitcoin as the exchange currency. That keeps the volume of BTC high.
So altcoins support Bitcoin.
If you are an altcoin, you need to find a way to get other altcoins to support you.
Storage services like Storj, Maid, MegaUpload 2.0 and vTorrent altcoins and services that will strengthen Bitcoin even further.
Altcoins wanting to replace Bitcoin need to attract these type of coins to provide similar services.
Bitcoin has a strong ecosystem supporting it and trying to leverage off it.
Altcoins wanting to replace Bitcoin need to attract these type of coins to provide similar services.
Bitcoin has a strong ecosystem supporting it and trying to leverage off it.
So it's weakness of bitcoin? And altcoin will need attracting them to building the strong ecosystem like bitcoin? Seems like the key wasn't holding by the bitcoin itself.
Storage services like Storj, Maid, MegaUpload 2.0 and vTorrent altcoins and services that will strengthen Bitcoin even further.
Altcoins wanting to replace Bitcoin need to attract these type of coins to provide similar services.
Bitcoin has a strong ecosystem supporting it and trying to leverage off it.
that's true, so far i cannot see there is a big merchant like megaupload accept altcoinAltcoins wanting to replace Bitcoin need to attract these type of coins to provide similar services.
Bitcoin has a strong ecosystem supporting it and trying to leverage off it.
with this proof i guess it's enough to show how far away any coin could replace bitcoin
it could be but not soon at least, required a lot of times to make it heppen.
Storage services like Storj, Maid, MegaUpload 2.0 and vTorrent altcoins and services that will strengthen Bitcoin even further.
Altcoins wanting to replace Bitcoin need to attract these type of coins to provide similar services.
Bitcoin has a strong ecosystem supporting it and trying to leverage off it.
Altcoins wanting to replace Bitcoin need to attract these type of coins to provide similar services.
Bitcoin has a strong ecosystem supporting it and trying to leverage off it.
We all know that the bitcoin is the leader of crypto-currencies. But also the leader at a point either he dies or he will be replaced by someone else. The problem is bitcoin needs any improvement? Definitely yes. Even his creator would admits that. The question is whether it can. If there is not any improvement people boost it to the sky people drop it down to earth.
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