Topic: Will Bitcoin be replaced by another cryptocurrency? - page 192. (Read 186421 times)
Nobody can say yes or no for sure but the possibility can't be denied.
I'm pretty sure that Bitcoin will be moved in an uncertain future. After all the new challenges that will stand in the future world economy, will likely require an alternative, more secure currency.
Possible if -
1) More anonymity than bitcoin
2) Mining opportunities for individuals
1) More anonymity than bitcoin
2) Mining opportunities for individuals
I don't think this two option will replace bitcoin when it comes to mass adoption / or mostly used by masses . The reason is that, the government wanted to regulate or at least trace transaction in order for them to detect money laundering and other illegal activities. Life of a coin especially in its economic aspect is not on Mining alone. It depends on the base users and legal merchants that adopted the cryptocurrency. Bitcoin had already established this two things, besides bitcoin is starting to be recognized by authorities in some countries and it seems that more and more countries are taking notice of it.
For illegal Activites probably those two option will more likely replace bitcoins.
it can happen for a short period of time .well bitcoin is in the top position .to beat that it has to be the best an i dont think it would come in the near future for the next 10 years .and if it comes also it will take more than 6 years to achieve what is bitcoin is now in the present day...kudoos 
Possible if -
1) More anonymity than bitcoin
2) Mining opportunities for individuals
1) More anonymity than bitcoin
2) Mining opportunities for individuals
I don't think this two option will replace bitcoin when it comes to mass adoption / or mostly used by masses . The reason is that, the government wanted to regulate or at least trace transaction in order for them to detect money laundering and other illegal activities. Life of a coin especially in its economic aspect is not on Mining alone. It depends on the base users and legal merchants that adopted the cryptocurrency. Bitcoin had already established this two things, besides bitcoin is starting to be recognized by authorities in some countries and it seems that more and more countries are taking notice of it.
For illegal Activites probably those two option will more likely replace bitcoins.
for the moment I do not see the potential of other coins that can replace bitcoin. but someday it will happen, because there may be coins easier to obtain and use of the bitcoin. maybe if there is a coin like that, seekers bitcoin will begin to focus on the coin, and most likely, the coin will replace bitcoin
A few days ago, it seems that the bitcoin could be replaced by the ZCash. But ZCash is dropping very fast.
for the moment I do not see the potential of other coins that can replace bitcoin. but someday it will happen, because there may be coins easier to obtain and use of the bitcoin. maybe if there is a coin like that, seekers bitcoin will begin to focus on the coin, and most likely, the coin will replace bitcoin
A few days ago, it seems that the bitcoin could be replaced by the ZCash. But ZCash is dropping very fast.
It all depends on the technological advancement of the new digital currency and if bitcoin's blockchain has too many problems and becomes to cumbersome and slow. Many factors will determine this in the future but for now I believe Bitcoin will dominate for the next 15/20 years but that's just my 2 bit lol.
Yes, there are many factors to consider and if bitcoin will stop innovating. But at this rate, bitcoin is also keeping up with technology, and also other coin are keeping with innovation. So can not tell,who will offer a better option in the future that public might support it.
I don't think its still possible for another cryptocurrency to overtake Bitcoin, as the market share of Bitcoin is a lot greater than other altcoin out there. Also even if they are better than Bitcoin in terms of security and quantity it is hard for them to increase in value because Bitcoin is still dominating. Also its still hard for Bitcoin to be introduce in local businesses what more for a new and untested altcoin.
for the moment I do not see the potential of other coins that can replace bitcoin. but someday it will happen, because there may be coins easier to obtain and use of the bitcoin. maybe if there is a coin like that, seekers bitcoin will begin to focus on the coin, and most likely, the coin will replace bitcoin
The possibilities bitcoin being replaced by some other crypto currency is very low, because following bitcoin and its advancing technology lots of other digital currencies came into existence among which only few lasted long, most others got vanished in a very short time period.
It all depends on the technological advancement of the new digital currency and if bitcoin's blockchain has too many problems and becomes to cumbersome and slow. Many factors will determine this in the future but for now I believe Bitcoin will dominate for the next 15/20 years but that's just my 2 bit lol.
I believe a good technology coin can be done by any good developers, however with bitcoin it has already gain the trust of the people and it has been proven that we can make money with bitcoin, so those who are holding their bitcoins will not sell their shares to continue making money, unless there's some flaws you can find with bitcoin. 
It all depends on the technological advancement of the new digital currency and if bitcoin's blockchain has too many problems and becomes to cumbersome and slow. Many factors will determine this in the future but for now I believe Bitcoin will dominate for the next 15/20 years but that's just my 2 bit lol.
I do not think there is another crypto coin can replaced bitcoin on the top since bitcoin is the mother of cryto currency and the services are very good and the demand are continuous increasing also the users are increasing too. For me no other coin can make it on the top like bitcoin.
yes i am also agree with you. although some people are expecting some other currency which i never like to introduce here but to me it is not possible that bitcoin can be replace by any other currency, as bitcoin is too good and is in progress in a good way.
I do not think there is another crypto coin can replaced bitcoin on the top since bitcoin is the mother of cryto currency and the services are very good and the demand are continuous increasing also the users are increasing too. For me no other coin can make it on the top like bitcoin.
Possible if -
1) More anonymity than bitcoin
2) Mining opportunities for individuals
1) More anonymity than bitcoin
2) Mining opportunities for individuals
has anyone imagined the problem of the heavy transaction flow in the bitcoin blockchain? i would believe that if the blockchain is larger, fewer people will be able to use the bitcoin core, or use the chain-free wallet. at least it won't matter bitcoin yet could lessen the decentralization of bitcoin blockchain.
I thought about that either and upon reading an article that thousands of transaction that has not been confirmed yet, many are complaining about it.
It is a problem for us who are not being patiently waiting for our transactions to get confirmed. But thinking outside the box,
That is a good news because it seems that more and more people are transacting with the use of bitcoin.
has anyone imagined the problem of the heavy transaction flow in the bitcoin blockchain? i would believe that if the blockchain is larger, fewer people will be able to use the bitcoin core, or use the chain-free wallet. at least it won't matter bitcoin yet could lessen the decentralization of bitcoin blockchain.
Probably no. Because bitcoin is the leader in cryptocurrency and other coins are counted in relative with bitcoin.Although there are many coin which have price more than bitcoin but there adoption is far far less then bitcoin and also there's a hope that the they won't get much popularity then bitcoin
Another cryoto-currencies won't take the popularity of Bitcoin. At least for now, but we don't know what will happen in the future. The technology is unpredictable. Another currency can come with many advantages for crypto-currency enthusiasts and Bitcoin can lose the podium.
I believe it will happen and Bitcoin will be replaced, but not in this decade or in the next. We will make a lot of profit with Bitcoin yet as the most famous crypto-currency.
Probably no. Because bitcoin is the leader in cryptocurrency and other coins are counted in relative with bitcoin.Although there are many coin which have price more than bitcoin but there adoption is far far less then bitcoin and also there's a hope that the they won't get much popularity then bitcoin
Jump to: