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Topic: Will Bitcoin be replaced by another cryptocurrency? - page 87. (Read 186407 times)

member
Activity: 476
Merit: 11
It won't occur if the cost of bitcoin nevertheless at the high price. Since bitcoin that have really large price for every coin. To exchange bitcoin, that crytocurrency need to be more good and also have a new 'thing'
As of this days, bitcoin is very demand and popular in the world of crypto currency. Its value, is getting high and it will never be replaced easily, maybe there will other crypto currency someday that may compete bitcoin but it will never replaced easily the performance of bitcoin.
member
Activity: 266
Merit: 10
In my opinion, BTC wants to grow up, it needs to be improved or changed many times more but it will always exist and forever exist, even if it is separated into something that is not BTC. BTC forever exists because it is king and it is a very basic and understandable concept, which is what has entered the minds of people. Grin Grin Grin Grin
full member
Activity: 182
Merit: 108
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've already posted a couple of reasons why BTC could be replaced, so to be fair, here's a reason to the contrary.

It probably has already been mentioned, but IMHO one of the most important reasons Bitcoin will for the time being remain at the top is it has by far the largest development team behind it - constantly improving and adding innovation. 

Remember - We are still at the advent of the cryptocurrency age! Anything can and will happen. Stay curious  Smiley
member
Activity: 224
Merit: 10
Bitcoin has created a name and reputation for himself. I doubt that another currency will be able to compete with it.
full member
Activity: 158
Merit: 100
My mainstream investor friends do not own any crypto, and they repeatedly gloated to me with something like, "wait until the US government releases FedCoin!"

Well, we already have FedCoin.  It's lost 99.5% of its purchasing power since 1913.

Also, I tell them that their envy and regret at missing out on the rally is not an attractive character trait, and it only weakens their ability to identify attractive investments.  

newbie
Activity: 42
Merit: 0
they are more than 2000 crypto currency in market want to replace BITCOIN no coin came near to bitcoin and users are repenting not holding bitcoin
full member
Activity: 405
Merit: 105
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 it is possible especially when bitcoin encounter a problem not solve as early as it other cryptocurrency will boost and can replaced bitcoin as a number 1 cryptocurrency. It will depend on the situation too but for now I think it wont happen because bitcoin was now growing and slowly developing. It become more popular now and its value was continue increasing now.
hero member
Activity: 812
Merit: 500
It will really be hard to say whether it will be replaced or not, time will tell but a lot of Alts have tried and failed maybe "the next big thing" can do the magic we are waiting. But in the real sense, Bitcoin has really come to stay and has maintain its position right up there and even other cryptos real value are determine in relation to the price of Bitcoin just like the USD in the FIAT world but who knows? We can't tell anything for certain
full member
Activity: 182
Merit: 108
It`s impossible, it`s a mere nonsense, Altcoin can`t go beyond bitcoin, everything is clear. Of the price alone bitcoin is very high, like elephants and cats.

I agree its a looooongshot, but saying it is impossible merely shows a lack of imagination  Wink

Here's a scenario:
Governments agree to add various tax restrictions on all bitcoin purchases. This puts a great choke hold on BTC commerce and users would seek alternatives. This would prove beneficial for any altcoins which can circumvent regulations by being either:

1 invisible (privacy coins like Verge XVG).

2 Another option is altcoins which exist entirely outside of any global administration (like Nexus NXS to be utilized and decentralized in space).


Crazytalk? The floor is yours  Grin
newbie
Activity: 26
Merit: 0
According to me it has a very less probability of Bitcoin replaced by any other crypto currency. Bitcoin is know at a very high value and the other doesn't have a value even close to Bitcoin. May be in future, there is some probability of Bitcoin's replacing by any other crypto currency. May be in 15 to 20 years, maybe a new coin will emerge to defeat the BITCOIN.
member
Activity: 65
Merit: 10
Bitcoin is the first ever digital cryptocurrency in the market. It is now being used in many countries.The rate in the market is contineously increasing due to its higher demand.There should be another digital currency that will be out or created and it will never be replaced Bitcoin.
full member
Activity: 406
Merit: 100
Bitcoin can replace fiat money yes but not today there is a lot of posible scenario about bitcoin vs fiat money advantage and dis avantage by fiat money vs bitcoin. Bitcoin replace fiat money in the future but not today on when?
We are all dont know when it will gonna happen
full member
Activity: 406
Merit: 100
kingcasino.io
Maybe in the future but in this current setuations i dont realy think if bitcoin can do that for now theres a lot of problems rebolving inside the bitcoin world including some priblems that how to transact bitcoin without internet
sr. member
Activity: 434
Merit: 250
As a currency bitcoin is very much hyped and have a good reputation. I think ethereum is the only currency that could overtake bitcoin but bitcoin will never go away
At least in the upcoming years, bitcoin will never replaced easily, It's a very powerful cryptocurrency and people use it too much compared to other crypto, So the chance that bitcoin will be replaced it's too low in the 15 or 20 years later. Nowdays bitcoin is shared too much and it will be more known in few months.
newbie
Activity: 51
Merit: 0
As a currency bitcoin is very much hyped and have a good reputation. I think ethereum is the only currency that could overtake bitcoin but bitcoin will never go away
sr. member
Activity: 438
Merit: 250
I believe that Bitcoin will be in the end replaced by some sort of more advanced digital money system. I am certain of it.
But most likely we won't see this change during our lifetime. I expect bitcoin to be alive and kicking for at least 50+ years.

Worrying about bitcoin's potential replacements and altcoins which can be viewed as BTC 2.0 is dumb idea anyway.

I think it can happen much earlier, because bitcoat technology is the first and the most not perfect, 50+ years is a huge time, everything changes much faster so I do not exclude the fact that within 5-10 years there will be a change or even a replacement bitcoin
member
Activity: 112
Merit: 10
probably not.
full member
Activity: 322
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?

Will if thay happens some we dont have a choice but to accept it but if you are asking me i think that was imposible sence bitcoin now is too high that no one can beat bitcoin maybe if someday bitcoin lost thats the way they can beat him
member
Activity: 70
Merit: 10
Interested in bitcoin
Never can tell what may happen in the future,  you know the world is actually changing and things change too.

There might be a currency is that may emerge in time coming, that will compete with bitcoin.

I believe that bitcoin as we have it right now, will be supersede by any currency in time coming.
hero member
Activity: 1050
Merit: 529
Student Coin
Bitcoin is the mother/father of all cryptocurrencies. I believe that Bitcoin will not be replaced by another cryptocurrency because some of them don't have great qualities that Bitcoin has. Also, we can see that bitcoin's price increases oftentimes which proves that it is still strong and competitive, and it's getting more popular to people day by day. And the population of Bitcoin users are getting bigger and bigger which is good.
They can imitate but people or supporters will always trust on bitcoin and they have already put their money on bitcoin that is what their interest
is to only see it grow more as it can give them more profit. Bitcoin was invented first that is why it's hard to replace it with a new cryptocurrency but they can grow together to have a strong market.
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