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Topic: Will Bitcoin be replaced by another cryptocurrency? - page 50. (Read 186418 times)

h55
member
Activity: 210
Merit: 11
I think it is possible quit. beacuse BTC's technology is very old and some other coins has potential to replaced.
copper member
Activity: 409
Merit: 0
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's hard if bitcoin is replaced with another coin, because bitcoin is the first coin to appear. For the difference of bitcoin and other coins is also far, that makes bitcoin as the most popular coin.
member
Activity: 322
Merit: 10
homt.net
Nop! I think there is none of another cryptocurrency can replace bitcoin. Maybe some of them already tried bitcoin system but they can imitate all of the system and become similar. This thing make them just exist for a while. As we see the community is rising and so many people trust to bitcoin. So, bitcoin will never replace and never end.
hero member
Activity: 980
Merit: 506
no the bitcoin cannot be replaced by any other currency because bitcoin was the first introduced crypto currency in the world
Which are those crypto currencies that you think are more expensive than bitcoin? Could you please enumerate them? As far as I know about digital currencies, there are two groups i.e. one includes bitcoin and other consists of altcoins and there is no altcoin so far which is even able to stand next to bitcoin. Bitcoin is the sole ruler of digital currencies and it will stay as well as long as digital currencies exist.
full member
Activity: 392
Merit: 123
Naaa! A lot of altcoins are coming and going, some are good enough in value, some are minimal and some just disappear but till now, nothing has replaced bitcoin yet not even matched its value.
newbie
Activity: 58
Merit: 0
I'm sure it will be and it's only matter of time. Too many problems with existing bitcoin as it is.
sr. member
Activity: 638
Merit: 300
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 quite acceptable and also it makes sense on thinking about those scenarios, but not on the statement that it would make it obsolete. Bitcoin has already established itself in terms of reliability, trustability, and reputation for almost a decade. And I think a competitor won't be able to destroy all of that and make bitcoin obsolete. Bitcoin is the pioneer of this incredible technology and replacing it will take a very long time for sure, or maybe we are wrong and it is unreplaceable.  Cheesy .

Yes i agree with you. Bitcoin has its name for many years and it is considered as the king of cryprocurrency as it is the number one cryptocurrency for a long time. So I dont think bitcoin can be replaced by some other coins. It gained the trust of people that is the reason why it became number 1 as people keep holding it for an investment.
full member
Activity: 588
Merit: 100
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?

By now I have no idea if bitcoin gonna replace an another crypto in the future. Because I know that bitcoin will not give up on bitcoin status now because bitcoin now is powerful. But I believe that everything is going to upgrade so maybe there will be other crypto to replace bitcoin in the future.
newbie
Activity: 5
Merit: 0

I think bitcoin will replace all current money
member
Activity: 350
Merit: 30
Yes there is, since Bitcoin have limited supply and once it is completely consume maybe it will be replace, there are coins that have bigger supply than Bitcoin. But we will not know when it will happen.
full member
Activity: 392
Merit: 100
Well, it is possible in the future and only if bitcoin is no longer to be found in the cryptoworld. And even bitcoin is not around anymore, it took that alternate coin several years to replace bitcoin fully. Smiley
legendary
Activity: 1120
Merit: 1000
I dont think in the coming years, bitcoin is going to be replaced by another cryptocurrency. Although it can get competition from Ethereum, the second most preffered crypto at the moment, but with a market capital of 242 billion USD dollars Bitcoin is too big in the economy to be replaced.
Also in the past year, Bitcoin has seen a doubling in its investors which is a clear indication of its strength and sovereignty in the market. There are astounding opportunities in the coming future for this crypto.
hero member
Activity: 910
Merit: 512
no the bitcoin cannot be replaced by any other currency because bitcoin was the first introduced crypto currency in the world
Exactly, it is a digital currency like other crypto currencies and it can be replaceable. But there is more advantage of holding bitcoin as compared to other currencies because, in many countries, most of the people are doing bitcoin’s mining and trading and this is why bitcoin has the more buyers if you hold it for long time period it will definitely give you more profit because bitcoin’s price are increasing very rapidly.
full member
Activity: 476
Merit: 102
Bitcoin has the highest value in crypto world..It reaches the peak where no cryptocurrency can never reach..But prediction saying that Ethereum can reach near bitcoin but can't touch bitcoin...So no one can't replace bitcoin...
member
Activity: 62
Merit: 60
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.

Maybe there will be a time in the future that bitcoin will be replaced by any of the cryptocurrencies that we have such as etherium, litecoin, dogecoin and others. It will take time since the time that we have today, where bitcoin is getting its success such as a dramatically change of its price and any other events that helps us to become rich using bitcoin.
newbie
Activity: 13
Merit: 0
I do not know in future but it may happen I am not sure. At present in cryptocurrency world, btc is the leader for all coins. Yes there are many cryptocurrencies there, but no one can touch the Bitcoin price. And the usage of Bitcoin is very easy. All gamblers are like to use this Bitcoin for betting. So I think now no other currency will replace Bitcoin.
full member
Activity: 406
Merit: 100
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.
Actually I think it can be, but not in next 2 years. Because bitcoin still has a big profit potencial. This is just a business.
hero member
Activity: 3150
Merit: 636
DGbet.fun - Crypto Sportsbook
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.
Sad to say but it is possible.

If bitcoin will not solve it's problem traders, people, merchants will just jump to another alt coin that has faster confirmation and lesser fees.

But it will be solved soon, there's no need to get into another crypto.

I think if the bitcoin collapses all other altcoins will surely follow. In my opinion, the fate of other coins just rely on the price of bitcoin in the market, if for some reason bitcoin will go down. I think all of the altcoins will follow.

That's another thing too.

Most of the altcoins are depending to bitcoin market so it will have a domino effect and most of them will be affected too and you're right with it.
newbie
Activity: 95
Merit: 0
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.
Sad to say but it is possible.

If bitcoin will not solve it's problem traders, people, merchants will just jump to another alt coin that has faster confirmation and lesser fees.

But it will be solved soon, there's no need to get into another crypto.

I think if the bitcoin collapses all other altcoins will surely follow. In my opinion, the fate of other coins just rely on the price of bitcoin in the market, if for some reason bitcoin will go down. I think all of the altcoins will follow.
member
Activity: 88
Merit: 10
Even if bitcoin is not the market cap top, it will be the king for quite a while imo. It's the coin which gives trust to the whole system. No bitcoin, no trust. No matter what.
It's also much more spreaded than any other coin, better liquidity and well known.
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