Will Bitcoin be replaced by another cryptocurrency? - page 217.

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Quote from: Barbut on August 21, 2016, 12:32:44 PM

There is always possibility for another cryptocurrency to take bitcoin place. I don't think there is such coin at this moment. People talk about dash, then ETH. For now they are far behind, and I don't think something can happen for them to come closer to bitcoin price and market cap.
Who knows what future is bringing for everyone of us, maybe some new team make a good coin, and with big investments in marketing, promotions maybe some one can make coin big as bit coin.

Yeah right its impossible right now to think that there is altcoin that can replace bitcoin.. for now bitcoin is growing day by day and more adoption will come.. and i think we are now seeing new future for bitcoin more stores and more people will know about bitcoin..
And i hope we will be the same as in brazil 150 stores are accepting bitcoin as payment it can help to attract people to use bitcoin.

Barbut

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There is always possibility for another cryptocurrency to take bitcoin place. I don't think there is such coin at this moment. People talk about dash, then ETH. For now they are far behind, and I don't think something can happen for them to come closer to bitcoin price and market cap.
Who knows what future is bringing for everyone of us, maybe some new team make a good coin, and with big investments in marketing, promotions maybe some one can make coin big as bit coin.

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The altcoins currently present in the crypto market aren't capable to replace Bitcoin because they lack of more innovative features. Anyway, anything could happen in the crypto world!

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Quote from: agustina2 on August 18, 2016, 12:09:01 PM

Quote from: adibe on August 18, 2016, 06:35:34 AM

I think it will happen someday. When all people not using bitcoin anymore and i'm sure another crypocurrency will rise and be the next bitcoin with a good price like bitcoin.

If people will not use bitcoin anymore, same goes for the altcoin. I see no reason for other cryptos to replace the status of bitcoin today even for the next decades.

Altcoins is really meant just for short term profits, that is the only sole purpose of devs out there why they are launching new coins.

If people will not use bitcoin anymore, same does not go for the altcoin. If the altcoins are innovative and have new features, people will use it.

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i hope you are not pointing to an altcoin like ETC/ETH coins but it really depends on our human kind that what we like is what we get later if we support small then it can grow up to become big

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Quote from: adibe on August 18, 2016, 06:35:34 AM

I think it will happen someday. When all people not using bitcoin anymore and i'm sure another crypocurrency will rise and be the next bitcoin with a good price like bitcoin.

If people will not use bitcoin anymore, same goes for the altcoin. I see no reason for other cryptos to replace the status of bitcoin today even for the next decades.

Altcoins is really meant just for short term profits, that is the only sole purpose of devs out there why they are launching new coins.

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Quote from: Strongkored on August 18, 2016, 06:42:50 AM

Quote from: adibe on August 18, 2016, 06:35:34 AM

I think it will happen someday. When all people not using bitcoin anymore and i'm sure another crypocurrency will rise and be the next bitcoin with a good price like bitcoin.

It was a possibility, but I do not think it will happen in the near future. Moreover, no one can match the bitcoin, and all of it just altcoin. Because there will be no bitcoin version 2. And we know nothing altcoin that cost equaled the bitcoin. IMO

Good thing it is almost perfectly created. Not easy to hack and got a very good defense. It is the online wallets that are having problems. It is not easy to match it like you say, specially when trust was already created.

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Quote from: adibe on August 18, 2016, 06:35:34 AM

I think it will happen someday. When all people not using bitcoin anymore and i'm sure another crypocurrency will rise and be the next bitcoin with a good price like bitcoin.

It was a possibility, but I do not think it will happen in the near future. Moreover, no one can match the bitcoin, and all of it just altcoin. Because there will be no bitcoin version 2. And we know nothing altcoin that cost equaled the bitcoin. IMO

adibe

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I think it will happen someday. When all people not using bitcoin anymore and i'm sure another crypocurrency will rise and be the next bitcoin with a good price like bitcoin.

DOGE12321

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It can happen. It is possible for other cryptocurrencies to replace Bitcoins, but nothing major in going to occur in the short-term. Bitcoin has a much higher market cap and price compared to various other cryptocurrencies. Therefore, I believe that BTC is going to stay in prime position for some time longer.

Moreover, it is unlikely that BTC is replaced as the main cryptocurrency because everyone who is new to cryptocurrencies would think of Bitcoin. For example, when I was introduced, I thought that Bitcoin was the only cryptocurrency. (I am obviously wrong). Therefore, everyone would use Bitcoin rather than other cryptocurrencies. These are my opinions.

drwtsn32

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I'm not sure it will be. But the possibility is always there.
I mean, who knows? Bitcoin may be gone tomorrow or the other day. We can't say.
It is virtual money. It's hard to control so it's hard to predict.

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Quote from: Enternity on August 17, 2016, 03:32:33 AM

Quote from: neonshium on August 15, 2016, 05:20:27 AM

Quote from: mindrust on August 13, 2016, 08:28:29 AM

It is possible but i don't think m-Eth or similar pump&dump scamcoins will succeed it. It can be done by only big companies like Microsoft, Apple, Google etc. Even if those companies wanted to have their own global currency, they need to make huge investments which may result in failing everything.

That's why bitcoin needs to fail first to get replaced by something else. Only after that there will be a new one.

Finally! There's only a few people who realizes that Eth is a scamcoin and a lot of people are taking huge investments in it. Bitcoin is probably the only trusted coin there is. Well, litecoin almost made it but I'm not sure exactly what happened.

The ETC could also be a scam coin as it is controlled by the DAO hackers. We might need a clean start of the Ethereum from the beginning.

Bitcoin nearly has unchallenged monopoly in crypto market.I dont think there is any coin that can beat bitcoin but nothing is impossible and certain.Who knows when and what.

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Quote from: Enternity on August 17, 2016, 03:32:33 AM

Quote from: neonshium on August 15, 2016, 05:20:27 AM

Quote from: mindrust on August 13, 2016, 08:28:29 AM

It is possible but i don't think m-Eth or similar pump&dump scamcoins will succeed it. It can be done by only big companies like Microsoft, Apple, Google etc. Even if those companies wanted to have their own global currency, they need to make huge investments which may result in failing everything.

That's why bitcoin needs to fail first to get replaced by something else. Only after that there will be a new one.

Finally! There's only a few people who realizes that Eth is a scamcoin and a lot of people are taking huge investments in it. Bitcoin is probably the only trusted coin there is. Well, litecoin almost made it but I'm not sure exactly what happened.

The ETC could also be a scam coin as it is controlled by the DAO hackers. We might need a clean start of the Ethereum from the beginning.

And if that's the case just ride all trend that coin will bring because in the first place it's really not meant for a long term investment and all other altcoin are the same way like that even they have such good achievement in the early phase.

Enternity

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Quote from: neonshium on August 15, 2016, 05:20:27 AM

Quote from: mindrust on August 13, 2016, 08:28:29 AM

It is possible but i don't think m-Eth or similar pump&dump scamcoins will succeed it. It can be done by only big companies like Microsoft, Apple, Google etc. Even if those companies wanted to have their own global currency, they need to make huge investments which may result in failing everything.

That's why bitcoin needs to fail first to get replaced by something else. Only after that there will be a new one.

Finally! There's only a few people who realizes that Eth is a scamcoin and a lot of people are taking huge investments in it. Bitcoin is probably the only trusted coin there is. Well, litecoin almost made it but I'm not sure exactly what happened.

The ETC could also be a scam coin as it is controlled by the DAO hackers. We might need a clean start of the Ethereum from the beginning.

neonshium

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Quote from: mindrust on August 13, 2016, 08:28:29 AM

It is possible but i don't think m-Eth or similar pump&dump scamcoins will succeed it. It can be done by only big companies like Microsoft, Apple, Google etc. Even if those companies wanted to have their own global currency, they need to make huge investments which may result in failing everything.

That's why bitcoin needs to fail first to get replaced by something else. Only after that there will be a new one.

Finally! There's only a few people who realizes that Eth is a scamcoin and a lot of people are taking huge investments in it. Bitcoin is probably the only trusted coin there is. Well, litecoin almost made it but I'm not sure exactly what happened.

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Quote from: marketgold on August 13, 2016, 08:26:08 AM

Quote from: Moneroman88 on June 07, 2016, 03:19:53 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 dont think this will happend, just in case if gouverment makes a new coin and all the peoples will know it , but thats not possible

Yeah I too don’t think so too, bitcoin won’t be replaced by any other cryptocurrencies at least in this century.
Because bitcoin is now more well-known to the world than other coins and there are many people choose bitcoin as their cryptocurrency, other coins can hardly have the position that bitcoin has right now. So, it’s gonna be a steppingstone for other crypto coins to be like bitcoin.

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Quote from: Moneroman88 on June 07, 2016, 03:19:53 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 dont think it will happen , bitcoin survided 7 years and i dont think that orher cryptocurrency can replace it

angaper

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I don't think of a specific altcoin that will displace bitcoin from its current hegemony. I prefer to think that sooner rather than later will occur a conjunction of events that might make the bitcoin gradually lose its current value. Remember that even almighty technologic advances gradually were displaced like yahoo or IBM, so it is impossible to think that bitcoin will remain forever.

bitsoldiers

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I don't think so...because bitcoin is more valuable.

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Quote from: Moneroman88 on June 07, 2016, 03:19:53 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?

We don't know in which situation can bitcoin replaced by another one, but bitcoin should go to $0 and then something else will come.
Bitcoin is unique and it's the first one in the cryptoworld and has a large support from the dev and from the community so I doubt bitcoin can be replaced.

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