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Topic: Will Bitcoin be replaced by another cryptocurrency? - page 84. (Read 186407 times)

full member
Activity: 196
Merit: 102
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?
in my opinion no one can replace bitcoin, bitcoin is king kripto in terms of price no one can beat let alone replace very far at all to outperform bitcoin
hero member
Activity: 1134
Merit: 502
I think that's impossible.Bitcoin faced a very hard time to reach at this stage.And now bitcoin is no.1 crypto currency.There's no other altcoin that they will beat bitcoin and sit on no.1 position.
So bitcoin will never be replaced by another crypto currency

Look at Myspace before Facebook or Yahoo before Google. Nobody can predict anything, it was a big surprise for us that the fork was cancelled. But this is completely different scale. Bitcoin could have been replaced but the technology it brought is here to stay. I am not talking about next 3 years but more like 20.
copper member
Activity: 700
Merit: 120
Gamdom
I think that's impossible.Bitcoin faced a very hard time to reach at this stage.And now bitcoin is no.1 crypto currency.There's no other altcoin that they will beat bitcoin and sit on no.1 position.
So bitcoin will never be replaced by another crypto currency
legendary
Activity: 2464
Merit: 2094
I think nothing is impossible,maybe in the future bitcoin will be replaced with other currency,but not so easy because bitcoin is the pioneer of currency.
So Bitcoin will not be replaced with easily,but we never know whether later in the future the  bitcoin will be replaced with another ? and I hope the bitcoin will never be replaced because Bitcoin is everything to me.
sr. member
Activity: 1526
Merit: 255
I think everything can happen, now bitcoin looks perfect and leads the market share cryptocurrency, but it is possible that someday there will be better coins than bitcoin so that automatically bitcoin replaced.
hero member
Activity: 577
Merit: 500
Our Big Brother Bitcoin, let it be the gateway to the Cryptoworld Cheesy
So I don't think Bitcoin will be replaced by any other cryptocurrency Smiley Smiley
jr. member
Activity: 55
Merit: 10
at this fee it appears like t's already taking place proper now.bitcoin is getting rid of market share at a speedy rate.
member
Activity: 84
Merit: 10
I think bitcoin cannot be a usable cryptocurrency, rather a store of value or investment. bitcoin transactions are expensive, the supply is limited, it will not replace fiat in everyday life. ETH or ripple might do that.

LOL.. you think that ETH or XRP will be able to do what BTC is unable to do? Without Bitcoin, these currencies will be worthless. I agree with you that Bitcoin transactions have become quite expensive now. But your second argument (limited supply) is just ridiculous. Limited supply increases the value of Bitcoin and makes it more attractive to everyone.
As a money storage, investment etc, but not as a currency to buy groceries. Its like proposing we introduce gold as currency again. One of the the main causse for the great economic progress in the past decades is because money was printed (actually coded) out of nothing.
full member
Activity: 518
Merit: 106
WWW.BLOCKCHAIN021.COM
it depends on the population who will use an alternative coin that can surpass the btc it always depend on supply and demand.
legendary
Activity: 3332
Merit: 1352
Leading Crypto Sports Betting & Casino Platform
I think bitcoin cannot be a usable cryptocurrency, rather a store of value or investment. bitcoin transactions are expensive, the supply is limited, it will not replace fiat in everyday life. ETH or ripple might do that.

LOL.. you think that ETH or XRP will be able to do what BTC is unable to do? Without Bitcoin, these currencies will be worthless. I agree with you that Bitcoin transactions have become quite expensive now. But your second argument (limited supply) is just ridiculous. Limited supply increases the value of Bitcoin and makes it more attractive to everyone.
member
Activity: 84
Merit: 10
I think bitcoin cannot be a usable cryptocurrency, rather a store of value or investment. bitcoin transactions are expensive, the supply is limited, it will not replace fiat in everyday life. ETH or ripple might do that.
newbie
Activity: 60
Merit: 0
i think now other cryptocurrency can replace bitcoin on the top, because its already the one has been recognize, and soon it will coquer the world
sr. member
Activity: 630
Merit: 256
CryptoTalk.Org - Get Paid for every Post!
Yes of course, possible. Traditional currencies like gold, silver precious stones get replaced by printed coins and currency notes. Drawbacks/ limitations of these get overcome by introduction of electronic / digital currencies. These currencies are more popular due to their decentralised, peer to peer exchange nature. Bitcoin as a crypocurrency become the fastest growing currency in very short period of time. But bit coin also have some drawbacks. Quantity of bitcoins in circulation are restricted, because of this bitcoin is more volatile in nature. Its decentralised nature compelled some nations to stops bitcoins operations. Maybe tomorrow a new currency by overtaking all the disadvantages of bitcoin arise. 
member
Activity: 72
Merit: 10
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?
There are a lot of alternatives now. And one of the alternatives, when bitcoin is over can take its place, it's without a doubt. Within 5 years, the resources will be exhausted and they will be traded in the market, here and very different people will come out on top.
member
Activity: 238
Merit: 10
I think yes. It is going to be an altcoin with more possibilities for example Etherium. It has smart contracts in it, it is faster and cheaper. Maybe it is going to be another altcoin but i think ine day the domination of bitcoin will fall.
hero member
Activity: 2590
Merit: 644
No matter how strong and powerful bitcoin is, it will be replaced by altcoins in the future, nothing can last forever, but that day is not coming yet, bitcoin will rise more and more, become the most valuable coin on this crypto market.
Maybe after a hundred years, bitcoin will be replaced by another type of cryptocurrency but as of now it is not happening and there is still a lot of things that happen in bitcoin and it is impossible to be replace right now because bitcoin is the strongest cryptocurrency and you can see that there is no chance for any altcoins to stand against bitcoin.
member
Activity: 70
Merit: 10
disruptors are always disrupting the disruptive market in all the wonders the world of finances has to offer
member
Activity: 490
Merit: 11
No matter how strong and powerful bitcoin is, it will be replaced by altcoins in the future, nothing can last forever, but that day is not coming yet, bitcoin will rise more and more, become the most valuable coin on this crypto market.
sr. member
Activity: 1792
Merit: 264
Whatever may happen in the future, now a lot of emerging new crypto currency, everything is a competitor. But I think Bitcoin will always be another crypto-crypto parent, because until now no one can offset the price of Bitcoin. it will be hard to beat the bitcoin at this time and in the future.
full member
Activity: 238
Merit: 100
I believe that it will happen sooner. There are a lot of ICO projects that fulfill the qualities lacking in bitcoin like the transaction speed and the transaction fees. Bitcoin users always complains about these problems and if this doesn't get resolved sooner, an altcoin will take its place.
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