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Topic: Will Bitcoin be replaced by another cryptocurrency? - page 193. (Read 186408 times)

sr. member
Activity: 252
Merit: 250
Bitcoin will be the only currency which will rule the digital world and i do not think no other coin or technology could over come the kind of followers bitcoin has. Bitcoin just closed the void in the digital era
yes that is also a fact that in present time bitcoin is one of the most popular cryopt currency of the world, and hope that it will become more and more popular currency of the world.
Bitcoin is not just one of the most popular crypto currency rather it is the most popular crypto currency in the world because when am introducing crypto currency to an individual i would talk about how the first crypto currency came into existence and how the genius behind is unknown to the real world and its economic implications on real world rather than talking about any other coins.so people learning about digital currency they will learn about bitcoin and hence the price is soaring at this level
full member
Activity: 196
Merit: 100
i think bitcoin is on very perfect position and i am sure no one can be replace it because bitcoin is on very good and top position in place of crypto currency and bitcoin is very much powerful and useful currency and i see that bitcoin is acceptable in everywhere than other currency.
hero member
Activity: 588
Merit: 500
Bitcoin will be the only currency which will rule the digital world and i do not think no other coin or technology could over come the kind of followers bitcoin has. Bitcoin just closed the void in the digital era
yes that is also a fact that in present time bitcoin is one of the most popular cryopt currency of the world, and hope that it will become more and more popular currency of the world.
sr. member
Activity: 322
Merit: 250
ofcource it can but on the current market prices it doesnt seems any cryptocurrency even near of it but still probabilty is always more than half that this incident can hit us anytime.the future is in our hands and we should take wise but clever desecion
sr. member
Activity: 252
Merit: 250
Bitcoin will be the only currency which will rule the digital world and i do not think no other coin or technology could over come the kind of followers bitcoin has. Bitcoin just closed the void in the digital era
hero member
Activity: 770
Merit: 500
I think untill 2050, Bitcoin will not be replaced by any other crypto currency.Reputation of Bitcoin is very good compared to any other crypto coin.Eve if any other altcoin replaces Bitcoin, Bitcoin will still be existing in the market.

Replaced by an altcoin? You mean by just a copy? That is way too impossible to happen. Those altcoin makes us profit but dont let that blind us for them to take charge of the crypto world. As long as there are people controlling those alts then it is hard to trust it in the long run.

Bitcoin can fail over the time, but its very hard to believe it may happen, the security level is the best worlwide or looks like it is. Besides that there is a huge investment around bitcoin, i cant say that some other altcoin cant achieve bitcoin status, but all altcoins have someone in the control.
as the price of bitcoin is still increasing so it is the proof the the user of bitcoin is also increasing, which is making bitcoin more a and more powerful, so there are very little chance that bitcoin will ever be replace by any other cryto currency.
Not only the price increase can tell us that bitcoin is going to be more stronger but we can see that a lot of businesses are adopting bitcoin as payment system in their businesses that is a stronger proof that bitcoin is a very stronger and none of the other crypto currency has that much supporters which provide that much services so it is impossible for any other currency to replace bitcoin.
hero member
Activity: 588
Merit: 500
I think untill 2050, Bitcoin will not be replaced by any other crypto currency.Reputation of Bitcoin is very good compared to any other crypto coin.Eve if any other altcoin replaces Bitcoin, Bitcoin will still be existing in the market.

Replaced by an altcoin? You mean by just a copy? That is way too impossible to happen. Those altcoin makes us profit but dont let that blind us for them to take charge of the crypto world. As long as there are people controlling those alts then it is hard to trust it in the long run.

Bitcoin can fail over the time, but its very hard to believe it may happen, the security level is the best worlwide or looks like it is. Besides that there is a huge investment around bitcoin, i cant say that some other altcoin cant achieve bitcoin status, but all altcoins have someone in the control.
as the price of bitcoin is still increasing so it is the proof the the user of bitcoin is also increasing, which is making bitcoin more a and more powerful, so there are very little chance that bitcoin will ever be replace by any other cryto currency.
sr. member
Activity: 280
Merit: 250
quit unrealistic question. because without bitcoin we can't think of altcoin. Obviously without any pinch of doubt i could say that bitcoin is mother of all cryptocurrency and it's the role model for all other coins. although there is a coin may be more that have price higher then bitcoin but market capitalization is maximum in bitcoin.
sr. member
Activity: 672
Merit: 250
I think untill 2050, Bitcoin will not be replaced by any other crypto currency.Reputation of Bitcoin is very good compared to any other crypto coin.Eve if any other altcoin replaces Bitcoin, Bitcoin will still be existing in the market.

The concept of bitcoin being replaced by another crypto currency looks completely senseless for now, as we can clearly see that the markets of alt coins are running just because of bitcoin, why? Because people trade other coins in order to earn more bitcoins or in order to grow their bitcoins, no one likes to hold any other crypto currency for long run except bitcoin, and that clears the superiority of bitcoin i guess.
member
Activity: 111
Merit: 10
Bitcoin has taken the spot as the leading cryptocurrency, it is widely used and has numerous of investments thereto.
Bitcoin-related applications evolve all the time and plenty of new innovations is coming up in the future.
A few of those innovations and applications might break out as a form of the new type of cryptocurrency.
So we never know what's going to happen in the future and there is a possibility of gov-coin replacing the Bitcoin.
full member
Activity: 238
Merit: 100
it's showtime
I think untill 2050, Bitcoin will not be replaced by any other crypto currency.Reputation of Bitcoin is very good compared to any other crypto coin.Eve if any other altcoin replaces Bitcoin, Bitcoin will still be existing in the market.

Replaced by an altcoin? You mean by just a copy? That is way too impossible to happen. Those altcoin makes us profit but dont let that blind us for them to take charge of the crypto world. As long as there are people controlling those alts then it is hard to trust it in the long run.

We can see a lot of shitcoins over there, like 99% however we can see good projects like ethereum and dash, if any altcoin will take the bitcoin place, just the time will say it, by now we can't predict the future.
hero member
Activity: 938
Merit: 500
I think untill 2050, Bitcoin will not be replaced by any other crypto currency.Reputation of Bitcoin is very good compared to any other crypto coin.Eve if any other altcoin replaces Bitcoin, Bitcoin will still be existing in the market.

Replaced by an altcoin? You mean by just a copy? That is way too impossible to happen. Those altcoin makes us profit but dont let that blind us for them to take charge of the crypto world. As long as there are people controlling those alts then it is hard to trust it in the long run.

Bitcoin can fail over the time, but its very hard to believe it may happen, the security level is the best worldwide or looks like it is. Besides that there is a huge investment around bitcoin, i cant say that some other altcoin cant achieve bitcoin status, but all altcoins have someone in the control.
legendary
Activity: 3262
Merit: 1130
Leading Crypto Sports Betting & Casino Platform
I think untill 2050, Bitcoin will not be replaced by any other crypto currency.Reputation of Bitcoin is very good compared to any other crypto coin.Eve if any other altcoin replaces Bitcoin, Bitcoin will still be existing in the market.

Replaced by an altcoin? You mean by just a copy? That is way too impossible to happen. Those altcoin makes us profit but dont let that blind us for them to take charge of the crypto world. As long as there are people controlling those alts then it is hard to trust it in the long run.
hero member
Activity: 742
Merit: 500
I think untill 2050, Bitcoin will not be replaced by any other crypto currency.Reputation of Bitcoin is very good compared to any other crypto coin.Eve if any other altcoin replaces Bitcoin, Bitcoin will still be existing in the market.
full member
Activity: 224
Merit: 100
No way. The history of Bitcoin is long, and today nothing can stop. There's a lot of money involved and many important people and governments using it. It's the most brilliant revolution in the market of these days. Together with Blockchain, Bitcoin is amazing and almost like the internet or the creation of cellphones, this currency/system is here to stay forever.

Yeah. It is nearly impossible to an Altcoin to suppress what bitcoin has already established. The fact that it has been developed since 3 years ago I think. It is hard to suppress what bitcoin has already achieved. Its demand nowadays are very high that even big companies are accepting that even if it is only few. I think if one coin can suppress bitcoin. It will take some time before that happens.
sr. member
Activity: 280
Merit: 253
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?

I think that one day maybe this can happen but it don't make sense, this only can be done if people will start to ban bitcoin and not allow using it (which is non-sense too) but since there are lots of altcoins the government can't ban them all.

the government actually can ban usage of all kinds of cryptocurrency what they can't do is preventing people from using then. besides banning then is never going to happen and even if it happens it can not be the reason for replacement.

the only scenario which bitcoin can be replaces is that some new coin with the same features and security but without some of the downsides is invented and since it has not yet happened and it is not easy to come up with it, replacement can not happen anytime soon.
i agree, but would like to bring some more details in.
a government can ban just bitcoin or some altcoin or it can ban all cryptos altogether. why would they want to do this? maybe they want to implement their own gov coin. but as you said it would be not possible to stop the use of bitcoin. you could only punish it afterwards and hope that people will stop using it because of the punishments.
a more interesting point is, that only some government would do this, but surly not all. i would like to see how all government agree on anything.

and i also do not expect to see some better altcoin with the ability to replace bitcoin soon, but it would most likely come as a surprise and so it could be tomorrow. 
legendary
Activity: 1372
Merit: 1032
All I know is that I know nothing.
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?

I think that one day maybe this can happen but it don't make sense, this only can be done if people will start to ban bitcoin and not allow using it (which is non-sense too) but since there are lots of altcoins the government can't ban them all.

the government actually can ban usage of all kinds of cryptocurrency what they can't do is preventing people from using then. besides banning then is never going to happen and even if it happens it can not be the reason for replacement.

the only scenario which bitcoin can be replaces is that some new coin with the same features and security but without some of the downsides is invented and since it has not yet happened and it is not easy to come up with it, replacement can not happen anytime soon.
legendary
Activity: 1526
Merit: 1001
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?

I think that one day maybe this can happen but it don't make sense, this only can be done if people will start to ban bitcoin and not allow using it (which is non-sense too) but since there are lots of altcoins the government can't ban them all.
newbie
Activity: 26
Merit: 0
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?
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 .
and how does people will trust at such type of new currency .

yes i am also not agree with statement that bitcoin can be replace by any other crypto currency, as bitcoin is one of the most reliable and trusted crypto currency and is becoming more and more popular from time to time.
Bitcoin have a good strenght in the market so I do not think that bitcoin can be replaced by another crypto currency. Although etherium is rise the popularity but I do not think that etherium can replace bitcoin becouse people thrust of bitcoin is higher than etherium.
Bitcoin is getting  a huge shield around it, several and important projects are being made to protect and improve bitcoin, augur,zcash and openbazar, and with those projects looks like bitcoin wont be replaced so soon for any other altcoin.

If there is no further progress with the block size increase to accommodate more onchain transactioin, it will be abandoned.
hero member
Activity: 532
Merit: 500
to me as bitcoin is one of the most popular currency of the world, and still people are entering in the world of bitcoin therefore it is becoming more and  more strong that its previous position, therefore it is not possible that bitcoin can be replace by any other cryptocurrency.
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