Topic: Will Bitcoin be replaced by another cryptocurrency? - page 65. (Read 186418 times)
at this time I think it is impossible to happen because the distance of bitcoin price with altcoin is now very far away. may happen if fiat money is not used at all because pumping of altcoin is sure to happen on a large scale.
There will always be a possibility for that to happen but still bitcoin will remain on top for a long period of time.
Bitcoin isn't even the strongest, the most secure, faster or the best. Something else that could beat Bitcoin in al aspects of an ideal Cryptocurrency that could carry all the features that people would like to see and experience. Not now, not today but snot forever, Bitcoin will be part of the history then.
It's possible, i think the best Cryptocurrency isn't the Bitcoin but something else. Maybe it's already there and just sitting in the corner waiting for lucky investors.
Yes it can be also possible that bitcoin can be replaced by any other cryptocurrency. But if you see the statistics then it seems to be very difficult for any other crptocurrency to replace bitcoin.
There will always be a possibility for that to happen but still bitcoin will remain on top for a long period of time.
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?
No, all uses that have cryptocurrency have bitcoin and most of alt coin earn by exchange bitcoin into it .
but other technology can replace bitcoin
I believed no. The first reason that Bitcoin has a huge advantage over newer altcoins is the network effect. When new merchants decide to accept cryptocurrencies as payment, they are usually just talking about Bitcoin. Bitcoin already has the largest community, and bitcoiners want to get all of their friends and the rest of the world to join that particular community. There are many more bitcoiners out there telling people about Bitcoin than other cryptos.
I think it's impossible for now .. We all know bitcoin is increasing its price this year for almost 10%. If Im not mistaken . Bitcoin is doing its best to become popular and most used cryptocurrency. Bitcoin is now a mainstream part of cryptocurrency .. Replacing bitcoin is possible but I think this will happen for a very longtime.. That's why they're releasing forking version of bitcoin to innovate the technology of bitcoin and to enhance it's use..
Most likely this is possible, but not in the near future for sure. But it is possible that with time, when the amount of bitcoin becomes smaller and the price of it increases, bitcoin will become an even stronger cryptocurrency. Therefore, we can not think of anything beforehand.
Yeah bitcoin is perfect and the one who created bitcoin was the genius person and he surely is seeing its popularity and will be feeling proud at this moment and there are more than thousand coins in the market and no other is same as bitcoin, bitcoin is unique and it will be giving a lot in future also and there is no chance that a kid can go beyond his parents and same is the case with other alts here bitcoin is father of all, 
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 think bitcoin will not be replaced with other crypto coins. If that happens there may be problems that occur in the crypto world and will all start from scratch again. Because bitcoin is the mother of all crypto coins.
No, in fact bitcoin is the well known or popular company in field of crytocurrency.
They become always on the top in terms of its performance executed in the public; because of this they become unstoppable and indestructible in field of electronic banking.
They become always on the top in terms of its performance executed in the public; because of this they become unstoppable and indestructible in field of electronic banking.
the chances are very small. bitcoin gets great power because bitcoin is a pioneer of the appearance of all types of altcoin. let alone now bitcoin won the latest price recor. if one matches the bitcoin price, there is bound to be a tough competition to determine the king of cryptocurrency.
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Pretty many cryptocurrencies offer a better technology that could be a threat to bitcoin ecosystem. But I believe many people have already had faith in Bitcoin since Bitcoin is the one who started the revolution of the economy. Also, Bitcoin and its community are ideologically committed to maintaining the Bitcoin.
What about Bitcoin forks? Can we consider them as a part of Bitcoin ecosystem?
Vv181, The so call altcoin creator modify or edit the bitcoin protocol in other to create their own technology.
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 can safely say that yes it will be replaced, but not for a long time. BTC is still the most popular cryptocurrency and no others are on par with it, and wont be for a matter of atleast 3-5 years.
btc is an open source and everyone can contribute, I don't think there will be anything that will surpass the btc.
I dont think so that will be happening in short time of period.may be itis possible if there will a revolution on cryto world but that will not happen in the near future though, considering how much Bitcoin is dominating the competition.Infact Bitcoin itself won't be taken over/replaced by a different cryptocurrency unless there is some major shift with the cryptosphere or a lot of the fiat financial systems start to move into cryptos and everyone pushes for a new one.
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 believe it is possible to happen, and the best candidate for that will be ethereum based on my opinion. But if by any chance ethereum would be able to replace bitcoin then it would need to increase in value more than bitcoin which is mostlikely to happen not in anytime soon.
Bitcoin will soon leave us)) It is an obsolete coin. BTC valuable because first. He gave us the blockchain and all. Now there are many promising and interesting projects, one of them will be the "bitcoin killer".
Nonsense! For people bitcoin will always be the main sign of the cryptocurrency. He will become like gold among copper, bronys and silver. Have BTC has its flaws, but no coin will not be able to replace him in this century.
Bitcoin will soon leave us)) It is an obsolete coin. BTC valuable because first. He gave us the blockchain and all. Now there are many promising and interesting projects, one of them will be the "bitcoin killer".
Can not be denied that bitcoin is the most popular crypto today because bitcoin price is more expensive than other coins. This is what makes bitcoin will not be replaced with another coin. But, if there is a new coin whose price can be a counter to bitcoin then it is not impossible the existence of bitcoin will dim.
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