Will Bitcoin be replaced by another cryptocurrency? - page 91.

Kikai

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Quote from: Ingoats on October 29, 2017, 06:49:03 PM

Quote from: Moneroman88 on June 07, 2016, 04:19:53 PM

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?

that's impossible in my opinion, Bitcoin being obsoleted and to be no more used. There are other coins namely altcoins that has potential with a high rate of the increase of their market value but Bitcoin has a large community that generates a high market demand. And that I think, is its biggest weapon for it to be more succesful on the next years to come.

lots of things in history had the same pattern and don't exist anymore

szpalata

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Quote from: Ingoats on October 29, 2017, 06:49:03 PM

Quote from: Moneroman88 on June 07, 2016, 04:19:53 PM

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?

that's impossible in my opinion, Bitcoin being obsoleted and to be no more used. There are other coins namely altcoins that has potential with a high rate of the increase of their market value but Bitcoin has a large community that generates a high market demand. And that I think, is its biggest weapon for it to be more succesful on the next years to come.

It could be but that cryptocurrency must probably have a different technology better than the blockchain and present better features than the bitcoin forks around or so called altcoins. I don't think they can really compete well against the bitcoin if they aren't innovative enough to draw a lot of the bitcoin market volume away.

totholio

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I was depressed for months cause I followed bitcoin/ETH, still not bought any, now it is swapped to being really curious which of the 2000+ will be relevant in 5-10 years.

Ingoats

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Quote from: Moneroman88 on June 07, 2016, 04:19:53 PM

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?

that's impossible in my opinion, Bitcoin being obsoleted and to be no more used. There are other coins namely altcoins that has potential with a high rate of the increase of their market value but Bitcoin has a large community that generates a high market demand. And that I think, is its biggest weapon for it to be more succesful on the next years to come.

terbetet

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Quote from: Moneroman88 on June 07, 2016, 04:19:53 PM

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?

Even though bitcoin was the leading cryptocurrency among all existing cryptocurrencies out there and all over the world, it is still cannot be controlled that some people are somewhat always making comparison between bitcoin and some sort or type of alternative cryptocurrency because of the features and benefits it can provide. But despite all of the speculations, still bitcoin is making its way to maintain being on the top but its not a big deal arguing about it since bitcoin was an open and can be easily access, we must still be open for instances that bitcoin can be over powered by some existing cryptocurrencies all over the world.

Harrisonimo

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Quote from: Moneroman88 on June 07, 2016, 04:19:53 PM

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?

As much as having the understanding that nothing last forever, I do think the wide gap in price value that bitcoin has above every other Cryptocurrency is far too much to attain. Probably with time, something, somehow can happen and then anoda coin is being lifted to outrace the bitcoin. But I strongly doubt it can happen and hardly feasible.

jimn

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Bitcoin is the first used and the most powerful crypto currency, and it will not be replaced by any altcoin. There is many promising crypto currencies having good potential, but all of them are depending in Bitcoin's price and trading statut.

cryptomato

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I personally think that would never happen actually. As the bitcoin is the one who started the crypto currency market, it will always be the dominant one.

Md Saad

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Anything can be possible in the technology-based monetary system, day by day it's getting changed at the whole around the world. Bitcoin has brought a great change in this system. Most of the people is getting familiar to this platform through the Bitcoin,
Now Bitcoin is the most valuable currency system but it can be changed anything by converting into any other cryptocurrency. It'll not a big deal if any other cryptocurrency would take the position of Bitcoin in the future.

Glenn10

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No don't think it will its been around for nearly a decade and it should start getting increasingly more popular.

Xester

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Quote from: kucritt on October 29, 2017, 07:22:13 AM

the reasons that affect it happen if bitcoin is doesn't have market demand, so demand for bitcoin is low, example is if bitcoin demand in the market is lower than ethereum, that will make etehreum is more valueable than bitcoin not from the price but from the value, investor will like to invest in ethereum if it happen

And I do not think that etherium or any other digital currency will outlast or surpassed bitcoin. Bitcoin is the first digital currency and its worth is proven. All cryptos will not exist if not for bitcoin. There are many supporters of bitcoin and it is increasing so its impossible that it can be replaced by other digital currency.

kucritt

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the reasons that affect it happen if bitcoin is doesn't have market demand, so demand for bitcoin is low, example is if bitcoin demand in the market is lower than ethereum, that will make etehreum is more valueable than bitcoin not from the price but from the value, investor will like to invest in ethereum if it happen

Raven91

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I think will not happen, for sure because bitcoin is very unstoppable many crypto tried to replace bitcoin, but even it go near to the status of bitcoin they cannot do, so what more of bitcoin increases and grows more, what will happen to other, for sure they will not prevail. So it will only happen when bitcoin decreases.

francesyrus

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Quote from: Moneroman88 on June 07, 2016, 04:19:53 PM

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 don't think that bitcoin could be replace by another cryptocyrrency because it is the mother of all cryptocurrency right now. Mostly bitcoin is being used when you do trading, invest in ICO and most gambling site used it.

majeed

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Damn

Quote from: Skyshark on October 29, 2017, 05:02:44 AM

Quote from: Moneroman88 on June 07, 2016, 04:19:53 PM

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?

That possibility is highly possible, I have heard that in the past years etherium has been ruling the cryptoworld and everyone in the cryptoworld didn't think that bitcoin would be this big, but now look at how fast and big bitcoin have become. That being said, I think anyother cryptocurrency as long as people ate gonna take notice of it will rise, to the point of surpassing bitcoin if they would invest on it.

No way. Bitcoin is a platform for us to know the others cryptocurrency. If we mention about cryptocurrency, absolutely we will mention about Bitcoin first. Moreover, Bitcoin now is the most trusted coin and more people trust to use it more than the other crypto

sourjain

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Not easy as Bitcoin becomes a benchmark for crypto.
Unless the forking made bitcoin unstable in which case whole crypto space would shake,
Or another concept comes instead of proof of work which would able to process blocks faster on consistent basis,
Bitcoin would have monopoly in crypto space.

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casinosblockchain.io

Quote from: Sweetbtc on October 29, 2017, 03:08:04 AM

In my own opinion bitcoin will never ever be replaced by other crypto currencies unless some one will gonna bit the million values of all bitcoin in one or other coin so I guess that is the only way to beat bitcoin at all because it has lot of investors to get in the competion and be equal into it.

Same as the reality mentioned by the above mate I don't think that bitcoin gets replaced by some other digital currency. Regularly several digital currencies with different features get into existence. Right now the focus of tokens were to get listed under the top ten list of coinmarketcap. No project has evolved with an objective to replace bitcoin.

jyotianand01

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Till now, no coin have the potential to replace bitcoin but no one can predict the future of any market, maybe it can happen in future as no one was interested in ethereum last year and it is now 2nd largest marketcap coin in just one year. So everything can happen, but no one can predict it.

Skyshark

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Quote from: Moneroman88 on June 07, 2016, 04:19:53 PM

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?

That possibility is highly possible, I have heard that in the past years etherium has been ruling the cryptoworld and everyone in the cryptoworld didn't think that bitcoin would be this big, but now look at how fast and big bitcoin have become. That being said, I think anyother cryptocurrency as long as people ate gonna take notice of it will rise, to the point of surpassing bitcoin if they would invest on it.

atikurrahman

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Now You Can Be The Bookmaker!

I have a lot of suspicion about this. Because, many years have passed, but no coin has ever come near him & there is no doubt about whether it will come in the future. Butcoin retains its possition well-holding & going forward.

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