Topic: Will Bitcoin be replaced by another cryptocurrency? - page 202. (Read 186408 times)
I really doubt this can happen, all the altcoins are compared against bitcoin value, if bitcoin dies several crypto will fail almost instant, sure some others may fight for the glory but in the end people will stop believing into crypto and start to left.
No it's not possible because bitcoin is father of all cryptocurrency and when a new user hear about digital currency thrn bitcoin comes first. And you can see majority of the website accept bitcoin but not other coins. Abd also bitcoin is in top most position.
Yes bitcoin is the father,mother or boss of all other crypto-currency whatever you say.Just because of the success and popularity of bitcoin,all the other crypto-currency were created but no one can even compete with bitcoin,so replacing bitcoin just never can happen.
There are some possibilities that this will happen but if I look at the market now I do not see it happen.
I think that the bitcoin stays the biggest and also the best with their high profits on terms.
I think that the bitcoin stays the biggest and also the best with their high profits on terms.
With the state of the cryptoworld right now and with the current level of bitcoin, I think bitcoin cannot be replaced even if this goes on another decade. Bitcoin is the strongest. No one can argue about that.
Despite of being an almost ideal concept, Bitcoin still has some flaws. The major one is the transaction time. There are cases when the transaction takes too much time to get confirmed to the extent that the other end thinks that he's being scammed. I know that it would come to the point that someone would think of a way for this to not happen. Maybe he'd create another coin with the same advantages as Bitcoin but has this new feature to attract more investors.
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?
No, it won't be Monero...
Since nothing lasts forever it is of course possible that Bitcoin will be replaced some day. The question is it likely to be replaced by another cryptocurrency or will it be replaced by an entirely new concept? I think if a new system replaces Bitcoin it must have highly significant advantages over Bitcoin that come close to the paradigm shift that Bitcoin represents compared to the existing fiat money system.
The reason why I don't believe that Bitcoin is replaced easily by another cryptocurrency is its significant network effect that is the result of having the biggest user base. Bitcoin had a first mover advantage. That advantage can not be easily reversed.
ya.ya.yo!
the other crypto tokens like bitcoins.
In short term, one year or a few years I don't think so.
In the long term, let's say 10, 20 or 50 years, we can't know what may happen.
Things are changing very fast in Internet age and we have to adapt.
Right now, I'm sure that Bitcoin is number one cryptocurrency but nobody can predict the future.
Still, even if some other cryptocurrency become more popular than Bitcoin, I'm sure that still a lot people will use Bitcoin and will notz stop to do it overnight.
It's like in the real world, where US dollar is number one currency, but other currencies, like Euro, GBP and other are also popular and used a lot.
In the long term, let's say 10, 20 or 50 years, we can't know what may happen.
Things are changing very fast in Internet age and we have to adapt.
Right now, I'm sure that Bitcoin is number one cryptocurrency but nobody can predict the future.
Still, even if some other cryptocurrency become more popular than Bitcoin, I'm sure that still a lot people will use Bitcoin and will notz stop to do it overnight.
It's like in the real world, where US dollar is number one currency, but other currencies, like Euro, GBP and other are also popular and used a lot.
every old method or classic method will be replace will new method, in future if people hinking bitcoin is only a old method, people will leave it and use new method of payment processor.
maybe highest security, faster than bitcoin, and lowest fee
maybe highest security, faster than bitcoin, and lowest fee
Even if i don't believe it as bitcoin is strongest crypto currency today, everything can change after 5 years, maybe bitcoin will be dead then so people will mainly use other new currency
No it's not possible because bitcoin is father of all cryptocurrency and when a new user hear about digital currency thrn bitcoin comes first. And you can see majority of the website accept bitcoin but not other coins. Abd also bitcoin is in top most position.
It is not just about being the father of all. It is being the original. Everything is just a copy. I mean really everything. Well they could say everything that this is from this or that but their are still copies.
Let us just make of use of them but dont forget to be careful.
No it's not possible because bitcoin is father of all cryptocurrency and when a new user hear about digital currency thrn bitcoin comes first. And you can see majority of the website accept bitcoin but not other coins. Abd also bitcoin is in top most position.
It is not just about being the father of all. It is being the original. Everything is just a copy. I mean really everything. Well they could say everything that this is from this or that but their are still copies.
Let us just make of use of them but dont forget to be careful.
No it's not possible because bitcoin is father of all cryptocurrency and when a new user hear about digital currency thrn bitcoin comes first. And you can see majority of the website accept bitcoin but not other coins. Abd also bitcoin is in top most position.
Probably Bitcoin won't be replaced by another crypto currency but there might be another one who can go on par with bitcoin. A little possibility that a new altcoin rise in the next few years and competes with bitcoin, if that happens we have two options to where to put our money and early buyers of it will benefit. There's also a ver little possibility that bitcoin will be dethroned.
It will not happen if the price of bitcoin still at the high price. Because only bitcoin that have really big price for each coin. To replace bitcoin, that crytocurrency need to be more good and have a new 'thing'
I think the key is not only at a high price because it is very possible that other coin will also have a higher price if they have more users, therefore users will provide the most important role for bitcoin if bitcoin want to continue to survive of all obstacles? 
As everyone agrees that bitcoin cannot replace US dollar because that has been used from centuries and people trust it so they wont let anything replace it until it disappears suddenly which is not going to happen, so everyone should also think that bitcoin has been around for more time than any other coin, so it is really unrealistic for a coin to replace bitcoin just like that unless bitcoin dies within a day and people don't have any choice but to move towards something else.
Technology and things are developing all the time, so it's not excluded that some new, better, more sophisticated cryptocurrency replaces the Bitcoin. At the moment I think there are more then 600 of cryptocurrencies but they are emerging every day, so who knows what future brings.
That could happen if the surprise we had when we heard about bitcoin, But not any cryptocurrency which came in till today has that element of surprise. Some altcoins has advantages compared to bitcoin, which is not sufficient to ignore bitcoin. Litecoin was Created for this purpose to solve some latency in bitcoin and its network, But see where the litecoin stands now.
May be some coins might be in competition with bitcoin in future, but i don't see any possibility of making bitcoin as obsolete.
May be some coins might be in competition with bitcoin in future, but i don't see any possibility of making bitcoin as obsolete.
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 do not think that Bitcoin is ever going to replaced by another crypto currency because I know that Bitcoin is the number one so it would be unlikely to be taken over. It would make much more sense for Bitcoin to take over something else.
It will not happen if the price of bitcoin still at the high price. Because only bitcoin that have really big price for each coin. To replace bitcoin, that crytocurrency need to be more good and have a new 'thing'
Nobody knows whats future has in store but yes I also feel Bitcoin is hardly get replaced but there may be some coins that will also be a good competition to bitcoin 
for the moment I do not think that bitcoin will be replaced by another coin. honest, this time I also do not see the potential of another coin that could compete with bitcoin, so I thought, if it actually happens, it may take a very long time, because I think today bitcoin is considered as the mother of coins the new one
Other cryptocurrency still not good security as bitcoin.. they are still afraid to be as bitcoin since their security is not enough.. remember ethereum before that they said that its a high security but they are experience of hack because of dao issue.. So i think no can replaced bitcoin.. i will stay in bitcoin since its already use by many company..
Jump to: