Will Bitcoin be replaced by another cryptocurrency? - page 206.

agustina2

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Quote from: madwica on October 07, 2016, 02:47:19 AM

Quote from: RoommateAgreement on October 07, 2016, 12:31:51 AM

Quote from: Adaleon on October 07, 2016, 12:09:40 AM

Yes there is a chance that this will happen but we will see what is gonna happen lets hope on a good future and lets say that the bitcoin will not get replaced.
I think its already too big to get destroyed by another altcoin honestly.

there is always a chance for everything.
even there is a chance for you to get hit with a rocket when you go out of the house today.
but happing or not is the more important question here.
and since the chance is near zero, it will never happen.

Correct, i do not see other coins can replace bitcoin, bitcoin is the mother coins in crypto currency that is why the value is very strong than other coin we should continue to used bitcoin to help to increase the existence of bitcoin.

Bitcoin is well developed now and already established a good support from the community. I see if bitcoin will end, most people in the community will not be interested now in other alts so just a few will transfer to other coin and maybe eventually will stopped too as time passes by.

It's really hard to imagine that bitcoin may be end soon despite of the strong status today.

bdonlan

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Replaced is a strong word
Accompanied is a better phrase

madwica

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Quote from: RoommateAgreement on October 07, 2016, 12:31:51 AM

Quote from: Adaleon on October 07, 2016, 12:09:40 AM

Yes there is a chance that this will happen but we will see what is gonna happen lets hope on a good future and lets say that the bitcoin will not get replaced.
I think its already too big to get destroyed by another altcoin honestly.

there is always a chance for everything.
even there is a chance for you to get hit with a rocket when you go out of the house today.
but happing or not is the more important question here.
and since the chance is near zero, it will never happen.

Correct, i do not see other coins can replace bitcoin, bitcoin is the mother coins in crypto currency that is why the value is very strong than other coin we should continue to used bitcoin to help to increase the existence of bitcoin.

RoommateAgreement

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Bazinga!

Quote from: Adaleon on October 07, 2016, 12:09:40 AM

Yes there is a chance that this will happen but we will see what is gonna happen lets hope on a good future and lets say that the bitcoin will not get replaced.
I think its already too big to get destroyed by another altcoin honestly.

there is always a chance for everything.
even there is a chance for you to get hit with a rocket when you go out of the house today.
but happing or not is the more important question here.
and since the chance is near zero, it will never happen.

agustina2

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Quote from: Adaleon on October 07, 2016, 12:09:40 AM

Yes there is a chance that this will happen but we will see what is gonna happen lets hope on a good future and lets say that the bitcoin will not get replaced.
I think its already too big to get destroyed by another altcoin honestly.

No there isn't a chance. If some cases that bitcoin will be destroyed, all alts will follow the same fate.

Without bitcoin other alts are nothing. Alts role in the crypto world is just to take profits, that is the only reason why there are always new alts.

Adaleon

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Yes there is a chance that this will happen but we will see what is gonna happen lets hope on a good future and lets say that the bitcoin will not get replaced.
I think its already too big to get destroyed by another altcoin honestly.

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Quote from: Windpower on October 06, 2016, 10:49:28 PM

Quote from: dearbesz1219 on October 06, 2016, 10:27:16 PM

Quote from: Moneroman88 on June 07, 2016, 04:19:53 PM

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 there is a possibility to be replace by the other altcoins, but it will take a long time of years before that happen. Because the stability of bitcoin now is that bad at all. Therefore, not this time or in our generation now.

That is true. Stability is something that other altcoins don't have. But I do think that Bitcoin may get overtaken one day. Maybe ethereum might overtake it.

Not too sure about that because monero is also looking good although the price have been falling lately, there is actually a possibility but I am not hoping that to happen someday because i have a bigger investment in bitcoin than in altcoins, I believe the future of cryto currency is only bitcoin.

mace15

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In my point of view, there is a possibility that bitcoin will be
replaced by another cryptocurrency. As we all know people/users
also the reasons why bitcoin become popular. And bitcoin become
in demand because of users who brought bitcoin into the world.
Thus, there is a big chance that this will be repalced by another
cryptocurrency since its being manipulated by people also.

Windpower

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Quote from: dearbesz1219 on October 06, 2016, 10:27:16 PM

Quote from: Moneroman88 on June 07, 2016, 04:19:53 PM

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 there is a possibility to be replace by the other altcoins, but it will take a long time of years before that happen. Because the stability of bitcoin now is that bad at all. Therefore, not this time or in our generation now.

That is true. Stability is something that other altcoins don't have. But I do think that Bitcoin may get overtaken one day. Maybe ethereum might overtake it.

drwtsn32

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Quote from: coins101 on October 03, 2016, 04:40:28 PM

no. There are too many businesses that have invested too much in creating an economy around BTCitcoin.

Good point. As long as many people still believe and invest in bitcoin, it can never go down.
It also can't be sabotaged. You know what I mean. Bitcoin is as strong as steel.

goldcoinminer

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Quote from: dearbesz1219 on October 06, 2016, 10:35:03 PM

Quote from: praprata on October 03, 2016, 05:58:24 PM

I do not see this happen but of course you do not have to say it will never happen because we cannot look in the future.
I really doubt about the fact but I do not think that this will happen honestly.
The bitcoin is simply already too big and it also has a good future a head.

In some other side of yours you have a point anyhow, But everything in this world nowadays has an end. Perhaps, of course not now. If that happen it will take a decades before bitcoin be replace by the other altcoin for sure bitcoin by that time will upgrade to the higher level. Who knows?

There is no permanent in this world, I believe anything can be change as the constant thing is change but that would only happen base on the decision of the majority of people here who supports a certain coins or tokens, when people loses its trust with bitcoin other will surely prosper.

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Quote from: dearbesz1219 on October 06, 2016, 10:35:03 PM

Quote from: praprata on October 03, 2016, 05:58:24 PM

I do not see this happen but of course you do not have to say it will never happen because we cannot look in the future.
I really doubt about the fact but I do not think that this will happen honestly.
The bitcoin is simply already too big and it also has a good future a head.

In some other side of yours you have a point anyhow, But everything in this world nowadays has an end. Perhaps, of course not now. If that happen it will take a decades before bitcoin be replace by the other altcoin for sure bitcoin by that time will upgrade to the higher level. Who knows?

You are correct no one really knows what would be the future but youve said theres no forever on this world and anything shall passed away and would be replaced by a new one . For bitcoin it would be replaced by another altcoin on the future but bitcoin would last longer since its been used by many as of now.

dearbesz1219

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Quote from: praprata on October 03, 2016, 05:58:24 PM

I do not see this happen but of course you do not have to say it will never happen because we cannot look in the future.
I really doubt about the fact but I do not think that this will happen honestly.
The bitcoin is simply already too big and it also has a good future a head.

In some other side of yours you have a point anyhow, But everything in this world nowadays has an end. Perhaps, of course not now. If that happen it will take a decades before bitcoin be replace by the other altcoin for sure bitcoin by that time will upgrade to the higher level. Who knows?

dearbesz1219

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Quote from: Moneroman88 on June 07, 2016, 04:19:53 PM

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 there is a possibility to be replace by the other altcoins, but it will take a long time of years before that happen. Because the stability of bitcoin now is that bad at all. Therefore, not this time or in our generation now.

Slark

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Quote from: coins101 on October 03, 2016, 04:40:28 PM

no. There are too many businesses that have invested too much in creating an economy around BTCitcoin.

I actually thought about this statement that "bitcoin is too big to fall". I am not sure of it anymore.

I mean these words are certainly not true when when we are talking about standard companies.

You can't say it after crisis of 2008 and Lehman Brothers Holding bankruptcy - they had assess worth $691 BILLIONS pre-bankruptcy.

Bitcoin has $10 Billion market cap - do you still think it is a big number?

Rizky Aditya

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A lot of people think that Etheruem will one day overtake and replace Bitcoin. This very well might happen as Ethereum is rising at the moment, but so is Bitcoin. No one really knows, but so far so good.

ethereumhunter

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i am not sure that bitcoin be replaced by another cryptocurrency because bitcoin is like a basic of cryptocurrency and there is no other way for bitcoin to get replaced. beside that, bitcoin have a good place in the market while its trading with fiat.

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Quote from: harizen on October 04, 2016, 10:52:40 AM

Quote from: sirohige on October 04, 2016, 10:41:47 AM

bitcoin will be replaced with other cryptocurrency or maybe new highest digital currency "if" no people trust in bitcoin value, no new investor come, and no developer activity

If most of the people will truly remove their trust in bitcoin, no way they will trust other crypto too.

After all years that bitcoin really takes some good and positive progress, adoption, usage and development and still got wrecked you think people will trust other crypto too?

If the other altcoin is developed actively and has good community support, people will support it like the bitcoin.

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Quote from: sirohige on October 04, 2016, 10:41:47 AM

bitcoin will be replaced with other cryptocurrency or maybe new highest digital currency "if" no people trust in bitcoin value, no new investor come, and no developer activity

If most of the people will truly remove their trust in bitcoin, no way they will trust other crypto too.

After all years that bitcoin really takes some good and positive progress, adoption, usage and development and still got wrecked you think people will trust other crypto too?

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Quote from: sirohige on October 04, 2016, 10:41:47 AM

bitcoin will be replaced with other cryptocurrency or maybe new highest digital currency "if" no people trust in bitcoin value, no new investor come, and no developer activity

But that would be like a low percentage to happen right? Bitcoin users shifting to other crypto which uses bitcoin as their means of buying their own? That is like deleting USD which is the majority option and our means to buy bitcoin.

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