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Topic: Will Bitcoin be replaced by another cryptocurrency? - page 214. (Read 186421 times)

hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
bitcoin can not be replaced in anything, all cryptocurrency, because in my opinion, every crypto currency has unique in the foundations and its can not compare each other and we all know, bitcoin is a like mother, and other cryptocurrency is like the child.

but its maybe happen if bitcoin has something bad happen, i can't give example. so for time to time, bitcoin will be bitcoin, and other crypto currency will be crypto currency.
legendary
Activity: 1232
Merit: 1091
I used think that was possible but now i see that it is not. Because no crypto currency will have the same natural distribution as bitcoin. That is unless bitcoin fcks something up very very badly. If not, bitcoin will always stay as the no:1.

Bitcoin itself works perfectly fine and will continue to do so. The only thing that can mess up Bitcoin, are the people (in this case the devs). As long as that doesn't happen, then there is nothing to worry about.
legendary
Activity: 3276
Merit: 2442
I used think that was possible but now i see that it is not. Because no crypto currency will have the same natural distribution as bitcoin. That is unless bitcoin fcks something up very very badly. If not, bitcoin will always stay as the no:1.

I disagree with you about the distribution part.  In its early  day only a few people are mining bitcoin.  so basically majority of bitcoin is owned by some people.  So i think the distribution pattern is the same with altcoin.  Anyway i think if there  is  a coin that will surpass bitcoin  base user  then it will most likely to replace bitcoin. As of now i have seen none yet.

But only a handful of those miners are still holding their bitcoins. Most of them sold their bitcoins for a pizza. As the price rises, the more they dumped. That's why i tell you it was a natural distribution. If you predicted that bitcoin would reach 1000$ or even 500$ in the future would you buy a pizza for thousands of bitcoins?

For those who still hold their coins from the start, well they won the lottery. They deserved it well.

With new altcoins, now everybody holds them as many as they can while they are cheap. And they exactly know what's going to happen when the ride is over. Thats not natural at all.
legendary
Activity: 3010
Merit: 1028
Leading Crypto Sports Betting & Casino Platform
I used think that was possible but now i see that it is not. Because no crypto currency will have the same natural distribution as bitcoin. That is unless bitcoin fcks something up very very badly. If not, bitcoin will always stay as the no:1.
you are right,even the most used altcoin are still using bitcoin as their base currency,in every exchangers site you will see the value of altcoin to bitcoin,that's clearly mean that the altcoin still count on bitcoin,when bitcoin's price just drop,so does with the altcoin,except there's some pump
newbie
Activity: 28
Merit: 0
i dont think bitcoin will be replaced by other cryptocurrencys only if the other are more interested to make money with but i dont think there would come another cryptocurrency because the bitcoin is not here for long time.
copper member
Activity: 1050
Merit: 500
I used think that was possible but now i see that it is not. Because no crypto currency will have the same natural distribution as bitcoin. That is unless bitcoin fcks something up very very badly. If not, bitcoin will always stay as the no:1.

I disagree with you about the distribution part.  In its early  day only a few people are mining bitcoin.  so basically majority of bitcoin is owned by some people.  So i think the distribution pattern is the same with altcoin.  Anyway i think if there  is  a coin that will surpass bitcoin  base user  then it will most likely to replace bitcoin. As of now i have seen none yet.
sr. member
Activity: 464
Merit: 250
yes by peercoin Cheesy
legendary
Activity: 3276
Merit: 2442
I used think that was possible but now i see that it is not. Because no crypto currency will have the same natural distribution as bitcoin. That is unless bitcoin fcks something up very very badly. If not, bitcoin will always stay as the no:1.
hero member
Activity: 2576
Merit: 586
Well its a normal human nature that we always switch too the best option just like we switch from the faint money system to this vertual money system but i don't think i will leave bitcoin usage just from any altcoin because its priced crossed bitcoin price
There are definitely some "better" types of cryptocurrencies, or ones that have more features or extend upon the features offered by Bitcoin, but even though they are classed as "better" it doesn't really mean much if they can't get a following that is interested in keeping the crypto alive beyond speculation.

The price of Monero rose more than 120% in the last few days. It is a good coin with anonymity, It might replace bitcoin.

are you kidding ..?? . Monero is indeed good enough in the growth first appears, but do you not worry about such growth is actually just a bot. ..?? . You can't give something without any considerable time in crypto appeared, I think you still need to learn about existing crypto
Monero is good but we need to accept the fact that it will remain an altcoin, it will never replace bitcoin because there are more supporters of bitcoin than monero. The simple math is more and more adopters and coming to bitcoin on a daily basis it will be a big number in the future.
Monero is just another crypto-currency, but I highly doubt it has enough backing behind it to trump bitcoin. I really don’t think any other altcoin can beat bitcoin at this moment. With my little knowledge, I do not expect any tough competitor from altcoins.

But there is a possibility, if something is newly created from scratch (not from bitcoin's basics) and that too have enough facilities to overcome bitcoin's. I guess in near future it will not be possible unless aliens are not ready to help on this.
hero member
Activity: 826
Merit: 1000
The price of Monero rose more than 120% in the last few days. It is a good coin with anonymity, It might replace bitcoin.
I highly doubt that. We see huge spikes and falls on daily basis on many alt coins, and this 120% rise in price would probably be another pump and dump attempt.
I too don’t think this would be possible. Currently bitcoin is the strongest cryptocurrency and it will continue to be the number one crypto currency. It was the first of its kind to take off and hasn’t failed once since it’s release!
sr. member
Activity: 420
Merit: 250
The price of Monero rose more than 120% in the last few days. It is a good coin with anonymity, It might replace bitcoin.
I highly doubt that. We see huge spikes and falls on daily basis on many alt coins, and this 120% rise in price would probably be another pump and dump attempt.

I am a bit afraid of Monero power too but is needed. More anonymity is needed in the crypto world. I don't think that it will replace bitcoin, we have seen Ethereum before claiming to be the best thing and that it had a bright future yet they got hacked and a major flaw in its security protocol were breaked. Now it is fixed but this tells us that Bitcoin hardly can be replaced by any other crypto currency. And even if that happens we switch to the new one but this for me is not going to happen.
full member
Activity: 173
Merit: 100
The price of Monero rose more than 120% in the last few days. It is a good coin with anonymity, It might replace bitcoin.
I highly doubt that. We see huge spikes and falls on daily basis on many alt coins, and this 120% rise in price would probably be another pump and dump attempt.
hero member
Activity: 952
Merit: 500
Well its a normal human nature that we always switch too the best option just like we switch from the faint money system to this vertual money system but i don't think i will leave bitcoin usage just from any altcoin because its priced crossed bitcoin price
There are definitely some "better" types of cryptocurrencies, or ones that have more features or extend upon the features offered by Bitcoin, but even though they are classed as "better" it doesn't really mean much if they can't get a following that is interested in keeping the crypto alive beyond speculation.

The price of Monero rose more than 120% in the last few days. It is a good coin with anonymity, It might replace bitcoin.

are you kidding ..?? . Monero is indeed good enough in the growth first appears, but do you not worry about such growth is actually just a bot. ..?? . You can't give something without any considerable time in crypto appeared, I think you still need to learn about existing crypto
Monero is good but we need to accept the fact that it will remain an altcoin, it will never replace bitcoin because there are more supporters of bitcoin than monero. The simple math is more and more adopters and coming to bitcoin on a daily basis it will be a big number in the future.
full member
Activity: 154
Merit: 100
Well its a normal human nature that we always switch too the best option just like we switch from the faint money system to this vertual money system but i don't think i will leave bitcoin usage just from any altcoin because its priced crossed bitcoin price
There are definitely some "better" types of cryptocurrencies, or ones that have more features or extend upon the features offered by Bitcoin, but even though they are classed as "better" it doesn't really mean much if they can't get a following that is interested in keeping the crypto alive beyond speculation.

The price of Monero rose more than 120% in the last few days. It is a good coin with anonymity, It might replace bitcoin.

are you kidding ..?? . Monero is indeed good enough in the growth first appears, but do you not worry about such growth is actually just a bot. ..?? . You can't give something without any considerable time in crypto appeared, I think you still need to learn about existing crypto
newbie
Activity: 16
Merit: 0
Well its a normal human nature that we always switch too the best option just like we switch from the faint money system to this vertual money system but i don't think i will leave bitcoin usage just from any altcoin because its priced crossed bitcoin price
There are definitely some "better" types of cryptocurrencies, or ones that have more features or extend upon the features offered by Bitcoin, but even though they are classed as "better" it doesn't really mean much if they can't get a following that is interested in keeping the crypto alive beyond speculation.

The price of Monero rose more than 120% in the last few days. It is a good coin with anonymity, It might replace bitcoin.
hero member
Activity: 490
Merit: 520
Well its a normal human nature that we always switch too the best option just like we switch from the faint money system to this vertual money system but i don't think i will leave bitcoin usage just from any altcoin because its priced crossed bitcoin price
There are definitely some "better" types of cryptocurrencies, or ones that have more features or extend upon the features offered by Bitcoin, but even though they are classed as "better" it doesn't really mean much if they can't get a following that is interested in keeping the crypto alive beyond speculation.
newbie
Activity: 3
Merit: 0
UPTO MY KNOWLEDGE BITCOIN CANNOT BE REPLACED ,COZ EVERY COINS USES HASH FILE OF THE BTC TO GENERATE NEW COINS.SO, BTC CANNOT BE REPLACED BUT CAN BE COPIED
sr. member
Activity: 266
Merit: 250
One world One currency, Bitcoin.
Well its a normal human nature that we always switch too the best option just like we switch from the faint money system to this vertual money system but i don't think i will leave bitcoin usage just from any altcoin because its priced crossed bitcoin price
legendary
Activity: 2436
Merit: 1008
Why not! I mean invention can happen anytime. Before the introduction of bitcoin, people have no idea what crypto currency is. Bitcoin came and won million hearts. This way, any great innovative idea can come up anytime, which probably will change the course of money making idea like bitcoin did to us.

I think we should be open for new technologies instead of thinking small things.

New technologies of other cryptos? In terms of technology, almost all cryptos has the same system and that system derived because of bitcoin itself.

I don't see any chance for other cryptos to replace bitcoin since if it will happen that bitcoin became a low profile now, all cryptos will suffer the same.
legendary
Activity: 1638
Merit: 1046
i guess there are not being close in bitcoin many altcoins  are pricey but not just like bitcoin. But still we dont know who will beat bitcoin in its place its the most perfect altcoins that have been made for now. lets enjoy the bitcoin for now  Grin
I think there is no altcoin beat bitcoin.. because bitcoin is already use by many stores and website and more companies online will accept bitcoin as payment.. also more adoption will come about bitcoin..
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