Will the bitcoin be outdated by another currency? - page 21.

Jimitieu

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Quote from: lbassotto on April 03, 2018, 10:59:32 AM

My answer to the principle is: NO

Bitcoin is money, the value of money is built on confidence, tradition and security, attributes that Bitcoin offers easily. The analogy between Bitcoin and social networks is completely incorrect, people think that Bitcoin is an myspace that will be replaced by facebook. It turns out that Bitcoin is money and not a social network, so this comparison is completely wrong.

Most of mankind's wealth resides in vaults for hundreds of years, so the circulating medium is derisory close to it. Why are we going to need fast, no-fee coins if we can use paper money and banks? Bitcoin's purpose is to be a safe asset, scarce and superior to gold. What is behind Bitcoin is the fact that no politician can steal you through taxes or inflation, there is nothing safer than Blockchain and Bitcoin. So far no technologically superior currency has emerged to Bitcoin to the point of provoking an abyss between technologies and will hardly emerge.

BUY BITCOIN TODAY AND ALWAYS.

I think nowadays, bitcoin is a potentially huge money, and it is likely that it will replace the traditional currency in the future, but if society is thriving then it is unlikely. But the high possibility is that bitcoin will be in high position for long time and it is very difficult to have another money to change it.

pinot95

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Quote from: seneido on July 29, 2018, 10:34:09 PM

For me, personally no. Too much demand on BTC vs Altcoins. BTC is way more stable than any of the other Altcoins. I'm not saying it's not worth investing in Altcoins but BTC will stay on top. The fact that it was the first makes it very significant. The trust in Atlcoins by the people is low. Too many hyped coins that run away with peoples money.

Maybe it can happen but not that easy because bitcoin has gained a very huge amount of users and is the most trusted cryptocurrency ever existed. It would take a lot of trial and error for the new that can outdate bitcoin. Bitcoin holds the brandname of crypto so it is not easy but not impossible too we don’t know the new innovation of other coins. It must be good if it can outdate bitcoin.

connexus

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No currency can outdated Bitcoin it is still on top and none among the listed crypto currency can even reach the price of bitcoin it is too far away.

BTCballa

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I am persuaded that we will stick with bitcoin until everything will be more stable than it is right now because bitcoin is still remain and 41% of all the currencies is Bitcoin, It is a dominant.

polikarp

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That is not going to happen anytime soon. 8 years have passed and no coin is even close.

enzo24

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This time is not suitable for giving the answer to this question. Who knows what will come after blockchain system. Everyday technology is becoming upgraded so anything can happen in the future.

Virtual miner

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Quote from: lbassotto on April 03, 2018, 10:59:32 AM

My answer to the principle is: NO

Bitcoin is money, the value of money is built on confidence, tradition and security, attributes that Bitcoin offers easily. The analogy between Bitcoin and social networks is completely incorrect, people think that Bitcoin is an myspace that will be replaced by facebook. It turns out that Bitcoin is money and not a social network, so this comparison is completely wrong.

Most of mankind's wealth resides in vaults for hundreds of years, so the circulating medium is derisory close to it. Why are we going to need fast, no-fee coins if we can use paper money and banks? Bitcoin's purpose is to be a safe asset, scarce and superior to gold. What is behind Bitcoin is the fact that no politician can steal you through taxes or inflation, there is nothing safer than Blockchain and Bitcoin. So far no technologically superior currency has emerged to Bitcoin to the point of provoking an abyss between technologies and will hardly emerge.

BUY BITCOIN TODAY AND ALWAYS.

We can say anything for sure now. Anything can happen and time will tell us that. I am also a firm supporter of Bitcoin but I am also aware of the fact that nothing stays forever. There may come some another innovation with some brilliant features which might replace Bitcoin and people may accept it as they accepted Bitcoin. Though this would be very tough but possibility is there.

Sled

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Bitcoin- in bullish time

Quote from: Phantomberry on July 30, 2018, 01:25:05 AM

No, Because bitcoin is where all started and the success of bitcoin is very much great and no one can ever replace on it on his success.

It is still depend on the progress of the other cryptocurrencies in the market because who knows that in the future, there might be a better type of cryptocurrency which will give all of the features that a person could be looking for and that will become the reason for bitcoin to lose in competition and just have a slow death and absence of demand.

talenah kotang

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Quote from: Phantomberry on July 30, 2018, 01:25:05 AM

No, Because bitcoin is where all started and the success of bitcoin is very much great and no one can ever replace on it on his success.

Yes it is true, but time can expire because this is life and no one knows how tomorrow. So in my opinion it is not impossible if bitcoin will expire.

manfredmann

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Merit: 21

Well we do not know that development team could be separated because nothing is forever. It could be possible to ethereum that has been a lot of use lately where most of the altcoins in the market is ethereum platform base. So we could expect that ethereum could go beyond bitcoin.

Mateo123

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Quote from: faithupgrade on April 03, 2018, 12:01:34 PM

Bitcoin is going 9yrs old, so far no alts surpasses Bitcoin. For 9yrs it remains the king. While Bitcoin is going down, no alts remains strong. All alts are crashing too. This is the best indication that Bitcoin has no replacement.

I agree,bitcoin is bitcoin, it is a significant coin,theres no altcoin could ever be replaced with it, all alts depends on btc so therefore,i can say that bitcoin is always be on top and remains to be the king in cryptocurrency. ....

PlusOne88

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“Tackling Climate Change Using Blockchain”

Perhaps not as of now. Bitcoin had been strong to resist all that pulls it down. Banning, regulation, etc. causes great impact on prices and yet none of these had ever destroyed bitcoin. So I think it would be good to stay on track and don't get FUD by any who seems to have some bad impressions with bitcoin. Bitcoin still is on top and maybe it will always will because there are too many supporters of this coin and they put so much of their trust and confidence to bitcoin. It is a good technology why fear it then?

Phantomberry

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No, Because bitcoin is where all started and the success of bitcoin is very much great and no one can ever replace on it on his success.

TranTrongit

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Bitcoin is the first currency on blockchain technology. and used and searched most today. All altcoin is just bitcoin imitation. And the market almost depends on bitcoin. If bitcoin is off almost no altcoin is. Bitcoins will be difficult to replace and no altcoin will replace bitcoin

seneido

newbie

Activity: 33

Merit: 0

For me, personally no. Too much demand on BTC vs Altcoins. BTC is way more stable than any of the other Altcoins. I'm not saying it's not worth investing in Altcoins but BTC will stay on top. The fact that it was the first makes it very significant. The trust in Atlcoins by the people is low. Too many hyped coins that run away with peoples money.

royaljack200

newbie

Activity: 58

Merit: 0

In my opinion no. At least not yet. I doubt it will be taken over by some other altcoin, but nothing is impossible. It won't happen anytime soon if this is the case. People use altcoin because of the low fees and more availability. BTC has a lot of demand which requires more supply which is why the prices are also higher than most altcoins. More demand means higher fees.

pungopete468

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Quote from: Astermony on July 29, 2018, 08:06:59 PM

Quote from: waywethe on April 03, 2018, 12:02:39 PM

No altcoin can be compared to Bitcoin and Bitcoin will forever be a king in Crypto. But if you want to overthrow Bitcoin, only ETH can do it. Because ETH is also developing strongly and is trending up like Bitcoin before

Yeah I agree with you. Bitcoin can't never be change by any other crypto because it is a coin that has a widedt users around the world.

As long as the internet is still in use and there I am sure bitcoin also will not stop here. because indeed bitcoin itself also has many advantages and can provide a positive value for people

Astermony

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Activity: 373

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Quote from: waywethe on April 03, 2018, 12:02:39 PM

No altcoin can be compared to Bitcoin and Bitcoin will forever be a king in Crypto. But if you want to overthrow Bitcoin, only ETH can do it. Because ETH is also developing strongly and is trending up like Bitcoin before

Yeah I agree with you. Bitcoin can't never be change by any other crypto because it is a coin that has a widedt users around the world.

Lorence.xD

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Leading Crypto Sports Betting & Casino Platform

Quote from: vintages on April 04, 2018, 03:03:36 AM

All what I can say is that, for now Bitcoin is not outdated by any other 'cryptocurrency'. But in years to come, if no other crypto stands up to beat bitcoin in the game then it can still stand. Modern technology is always increasing; if another coin emerges to give what bitcoin didn't give, don't be surprised that this our favorite coin will be outdated. Or else if it is constantly update to match new modern technology.

The answer is NO. base on the market preview, we check the Bitcoin performance on the market, it remain stable until now, even with the Beating on a lot of issue like Banned, Scammer, Hacking, and the critical issue on Regulation by country whom not acceptable on the use of Bitcoin digital transaction. Bitcoin can't be outdated, out perform, out done by any other crypto coin in the market. Check the Market Capital on investment for Bitcoin.

RKSummer

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Quote from: sigam batat on April 03, 2018, 01:20:54 PM

I think the bitcoin will not be expired by other currencies because bitcoin is growing so fast and again this bitcoin already knows a lot, bitcoin can also be used as a livelihood in bitcoin by doing tranding and minning to get a lot of bitcoin and can be redeemed to currency.

No other cryptocurrency can outdated bitcoin because bitcoin is the King of all Crypto. Whenever bitcoin goes down, all coin are following. They are all depending on bitcoin's movement. Bitcoin will still remain at the top, no matter what happen in the crypto market.

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