Topic: Will Bitcoin be replaced by another cryptocurrency? - page 22. (Read 186418 times)
Yes it is possible but i doubt they would replace bitcoin. You know why? It is evident in these days right you see a lot of different cryptocurrencies but none of them replaced bitcoin.
Bitcoin is the only coin that is known by people with no knowledge of cryptocurrencies. Mainstream media can't mention random coin names, "bitcoin" is what makes a good headline.
Besides media, bitcoin is a grandfather of crypto, brightest minds are working on its code, the technology of Lightning Network will just push it even farther beyond every other coin.
Besides media, bitcoin is a grandfather of crypto, brightest minds are working on its code, the technology of Lightning Network will just push it even farther beyond every other coin.
This thread is jam packed with clueless numbnuts.
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?
BTC is the mother of all Crypto currencies.I don't think it can die and leave other altcoins alive.
Bitcoin is here to inspire all altcoins out there.
i dont think that wiill happen. it is not possible for other cryptocurrency to replace btc. bitcoin is gone far above other cryptos.
Exactly, I think it is so impossible that other currency can replace bitcoin. We all know that bitcoin is the first crypto currency that is made successful. Other currency is just a copy of bitcoin. Bitcoin is the most famous currency in the world. Although its price is changing from time to time but still no currency can replace it. Bitcoin investment is safe and secure when compared to any other altcoin most of which are just pump and dump.Its very hard for another crypto currency to replace bitcoin. But when quantum computing comes in future and if it affects block chain system, then at such situation, it may become possible for a altcoin to replace bitcoin 
Cause lack of capacity, speed and adoption isn’t enough.
Bitcoin investment is safe and secure when compared to any other altcoin most of which are just pump and dump.Its very hard for another crypto currency to replace bitcoin. But when quantum computing comes in future and if it affects block chain system, then at such situation, it may become possible for a altcoin to replace bitcoin
The possibility of altcoins to replace the place of bitcoinis like hitting jackpot. Altcoins need more time and luck to replace the place of bitcoin.But it's never impossible. It's like a prince will replace the king. But need to wait for its turn. Need to wait for the time king will not able to do or capable of what needed.
You mean like right now?
The possibility of altcoins to replace the place of bitcoinis like hitting jackpot. Altcoins need more time and luck to replace the place of bitcoin.But it's never impossible. It's like a prince will replace the king. But need to wait for its turn. Need to wait for the time king will not able to do or capable of what needed.
No I don't think it is possible, there is now way it can be replaced by any other cryptocurrency in the market. Although there are many arising problems right now on bitcoin it still dominating in the crypto market. Bitcoin is king.
No one can replace bitcoin by another cryptocurrency.Bitcoin is strong,popular and powerful coins.Bitcoin has the most developers in the market and it is around 430 different developer contributes than other cryptocurrencies does not have.Bitcoin will continue to grow and remains the purest most decentralized and the most leaderless in the market. 
Bitcoin will get replaced by another cryptocurrency for sure! It will be a better and more scalable currency as Bitcoin's fees will get too high.
There's a posibility but not that high of a chance that any other cryptocurrency can outrun Bitcoin because despite the fact that it is the first cryptocurrency it is the popular and the known when you say the word cryptocurrency. Also the value is high so you will get a higher profit when the value goes up as well that's why other cryptocurrencies can't never outrun Bitcoin. Also when Bitcoin falls down all cryptocurrencies will fall down too because Bitcoin is the standard for every cryptocurrency being created still and the ones that is already existing.
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?
It is possible that another coin can replace Bitcoin as the number 1 crypto-currency. Ethereum can replace Bitcoin as number 1 because the features it has that Bitcoin does not have, like the Smart Contract. There are also a lot of projects/ICOs that uses the Ethereum blockchain.
So it is very possible that ETH will replace BTC as number one, widely use and highest price crypto.
Bitcoin can be obsolete, but that cannot happen in the near future.
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 don't think the bitcoin will be replaced by other encryption currency, although now the bitcoin of the market share is reduced, but the encryption on the amount of money market has increased a lot, it still occupies most share, it still is the king of all encryption currency, money is hard to surpass other encryption COINS
It totally depends which currency could be at the top at what time. If the security, users' trust level and updates as per the trends will be maintained then definitely no other currency would be able to replace it.
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?
Right now or in a short bitcoin will never be replaced by some other crypto currency or the altcoins, because bitcoin is the one which has grown high as well the long surviving digital currency. According to the way it's been developed, its been predicted that it lasts around 2150 year. So in my view, after this new coin with same potential of bitcoin might come with a new name. Bitcoin will not be replaced. Bitcoin is the first cryptocurrency and the basis for cryptocurrency. The development of cryptocurrency requires bitcoin support, so I do not think that the new cryptocurrency can replace Bitcoin.
I also have a feeling the bitcoin has made a place and this place will not be taken by any other crypto currency because bitcoin is the only currency which has shown the stability while going upwards as well as while coming downwards. The level of the fluctuations which bitcoin shared are very less if they are compared to the altcoins, so this is for sure that bitcoin will remain on the top. Healthy competitions always bring more relief for the public, but lets see if any of the altcoin is capable to get there. 
To replace bitcoin by another crypto is a very difficult thing to happen, because public trust to bitcoin is already very attached,
And we know it, bitcoin earn public trust due to its legitimacy and usage. It's the first digital currency ever launched and bitcoin became the cradle of alt coins since then so i don't think there is a an existing digital currency that can replace bitcoin.
Yes it could happen but i doubt very much it will happen the short to medium term, to actually make bitcoin obsolete would be a achievement.
I think not for now,as a widely known currency people keep talking about bitcoin and not etherium or any other currencies.Although eth,litecoin etc. has already have their own value in the market but then again their prices has backed up with bitcoins price.The father of all crypto can stand alone not depending on alts price that is why i can see that the achievement of bitcoin has been too far from the achievement of the existing altcoins for now.Bitcoin has gained the trust from its user and holder and to be obsolete is not the basis because until now bitcoin is still the trend that everyone get hooked.
Base on the Bitcoin performance and the volume of Bitcoin that was traded every day it will never be replaced or equaled by any coin in the market today. The reason may be because Bitcoin was invented for its purpose and not for profit.
Jump to: