For now,it's not possible but after years I can't say.
At present,it's the most convenient and popular currency.
maybe there is no third person in transaction or they cannot be tracked,the reason why govt is not letting it run in our country,if this limitation sorted out then that currency will dominate bitcoin.
Topic: Will Bitcoin be replaced by another cryptocurrency? - page 27. (Read 186407 times)
Changes is the only constant in the world. Ofcourse alot of things have changed in past century or decade. Maybe, there is someone who will replace the bitcoin someday. somehow, some currency are also getting popular like ETH. But i also belive that it is hard to replace bitcoin since it is the most popular amongst them, like a tattoo, it couldnt be erased, unless intendedly.
Why not ? every opportunity will always be there for the crypto coin that has the potential to dominate the world, especially the crypto currency is the digital currency that will become the future currency that will be used for the eligibility of governing the nation's economy
I think you'll get a range of utility tokens and then a single reserve cryptocurrency. There's no need to have multiple crypto currencies. We just need one and then all others should provide some real usable utility.
I do not think there's anything else that replaces crypto, that's a very unlikely thought, replacing bitcoin alone is not possible even though there are already hundreds of other coins on the big exchanger
It is hard to believe that this will happen in the next 5 years. For now, it is obvious that Bitcoin is the absolute leader and it would be very hard to push it down due to the belief in it and direct association to whatever means cryptocurrency. It is hard to change people`s opinions and make them all believe there is something better than bitcoin.
I believe bitcoin will be defeated by other crypto currencies because bitcoin prices are more expensive than other crypto currencies ie traders and buyers. if traders and buyers are no longer interested in bitcoin then other crypto currencies beat the bitcon.
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?
Yes there are chance for replacement for bitcoin because it is not permanent bitcoin can be replace soon when new coins has arrived. But the possibiity is very low because bitcoin is the foundation of all cryptocurrency now
Perhaps one day it will happen that bitcoin will not be the first. I think that the etherium can be able to compete with bitcoin. Perhaps in the next few years the capitalization of the etherium will exceed the capitalization of bitcoin.
Yes Bitcoin can be replaced by other cryptocurrency.because day by day the price of Bitcoin is decreasing on the other hand other cryptocurrencies price are increasing.so I think Bitcoin will be replaced by other crypto currency.But it would take a good time.
Yes, this makes sense. Bitcoin is probably not suitable for replacing every and each fiat coin in the world right now as it is and make an unique, universal coin... So another coin will probably replace it, or Bitcoin will evolve so much that it will make no more sense to call it Bitcoin. Only future will tell.
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.
To believe (e.g. to be certain) something like that does not make rational sense. To say that is a statistic probability makes much more sense. However, this has been discussed over and over again. In order for the cryptocurrency space to thrive, it would be most suitable if there were multiple coins at the top and not just one (as currently Bitcoin is). Nobody can say that either one will happen for sure; they would only be speculating.
Yes I believe, because wether we like it or not, bitcoin has disadvantages , like higher fees, sometimes transactions delayed, slow transactions compared to the other altcoins today and etc. I believe that there will be a new coins called to be like more upgraded bitcoin. But it takes time to gain a public trust, so we need time to wait. As of now, there are already lots of coins which has great potential to be the replacement of bitcoin. Crypto world is like an NBA game, Imagine bitcoin is Michael Jordan, he is an NBA legend, but he is not an alone legend forever. Later on there is Kobe, James and so on 
I've heard rumors that there are some countries that will make new coins compete with Bitcoin. Even this country wants to replace Bitcoin with that new coin. If true the coin appears, for as a Bitcoin competitor it could be but if to replace Bitcoin position I think it is impossible.
As the father of all cryptocurrency I don think that it can be replaced by another new crypto which is impossible to happen. However many of new cryptocurrency now are already tried to overshadow bitcoin because they are imitating its system and features in result of becoming similar and so as the value. But unfortunately some of them were just exist for a while and gone. Bitcoin will never end and will never be replace.
Bitcoin is a great cryptocurrency and I don't think it can be replaced in the near future. It has potential to become even greater than it is
I would never change Bitcoin's with another cryptocurrency. I think it is not possible for now. There is a possibility that it will be in the future. It will be. If the bitcoin is replaced, it means that the crypto money has got better technology than that.
If you are wandering about this, let me tell you a fact. “Nothing in this Universe is permanent or stable”. And same is the case here, though it will be difficult for any other Crypto currency to take Bitcoin’s place, until and unless a whole new system is developed. Though the Governments are looking forward to make changes, it can be the Government which would come up with a little different version of these Coins who’s charge will be in their hands.
Though nothing is certain in this century, I wish may the best win.
Though nothing is certain in this century, I wish may the best win.
Agree. Nothing is certain in this world. At any moment, another alternative cryptocurrency could come up with better features, and less issues than Bitcoin to become its replacement in the future. What Bitcoin has right now is first mover advantage, but if other coins which have better technology become used more by the people than Bitcoin, then a replacement will be bound to come soon. Of course, Bitcoin is the original cryptocurrency which started it all, but other altcoins are quickly grabbing up steam towards becoming the number one cryptocurrency in market cap.
As such, the competition is fierce, but there will only be one winner in the end. Hopefully, Bitcoin will remain as the top cryptocurrency in market cap and become bigger and stronger than ever both in price and user acceptance worldwide. Just my thoughts
Bitcoin is a very wonderful and popular coin. People like this coin very much because this coin gives the most profit and facilities to the people. There is no chance to loose its position at recent future because day by day this coin is just improving itself. This is a limited coin otherwise almost all the people of the world would join with this coin even almost all people select this coin as their first choice. No one can predict perfectly about future but as we are seeing there is almost no chance to replace this coin in recent future. if this coin gives benefits and facilities at future like this time then people will connected with this coin so that it will continue successfully.
Jump to: