Will the bitcoin be outdated by another currency? - page 29.

conectum

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Quote from: legenduim on June 22, 2018, 10:59:45 AM

Quote from: NeMa94 on June 18, 2018, 04:14:54 PM

I seriously doubt this. Bitcoin is like "gold range" of value compared to other currencies. The value of other coins and tokens is defined by it and I am sure that this won't be changed in the near future.

I can guess it. Today, some people state that Ethereum will become the leader. It can be because of hundreds new ICO appearing everyday! Big money!

Well yeah, but it doesn't change the fact that most people buy bitcoin to buy ethereum with bitcoin. That's why all the currencies depend on btc right now and cannot replace bitcoin.

cryptojaani

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Quote from: scoin9 on June 22, 2018, 11:59:03 AM

I doubt if Bitcoin would be outdated or replaced by another currency due to the fact that it's the defector and most used cryptocurrency, it's market capitalization is massive and I don't see any contender to the number 1 spot.

There is no bad in having altcoins, but mostly of them depend on bitcoin's price, I guess. Once the price of the bitcoin goes down, most of it also goes down. It's only my opinion, and I also think that aside of etherium, there is no other altcoins by now that is morr popular than bitcoin. I did not say that eth is not good, but having bitcoin this long just means it is more used by crypto users. In the future, I am thinking that bitcoin is still in the market leading the crypto currencies.

codegnome

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Quote from: scoin9 on June 22, 2018, 11:59:03 AM

I doubt if Bitcoin would be outdated or replaced by another currency due to the fact that it's the defector and most used cryptocurrency, it's market capitalization is massive and I don't see any contender to the number 1 spot.

Of course, but there are some cryptocurrenecies, that they have good project and in a small percentage can match bitcoin and I believe in it.

scoin9

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I doubt if Bitcoin would be outdated or replaced by another currency due to the fact that it's the defector and most used cryptocurrency, it's market capitalization is massive and I don't see any contender to the number 1 spot.

legenduim

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Quote from: NeMa94 on June 18, 2018, 04:14:54 PM

I seriously doubt this. Bitcoin is like "gold range" of value compared to other currencies. The value of other coins and tokens is defined by it and I am sure that this won't be changed in the near future.

I can guess it. Today, some people state that Ethereum will become the leader. It can be because of hundreds new ICO appearing everyday! Big money!

The_Dark_Knight

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Quote from: goldade on June 17, 2018, 06:46:23 AM

I do not think it is possible for bitcoin to be replaced by another currency. Bitcoin is the first cryptocurrencies and has such gained popularity among the people. Another reason bitcoin can not be replaced is the fact that its price is the highest of all cryptocurrencies and such cannot be competed with. It gives a lot of profits to investors and bitcoiner.
Bitcoin also has a lot of features that makes it impossible for it to be outdated.

Another thing is that even if many coins claim to be better than bitcoin that is not the case, in fact bitcoin is not outdated at all and it is one of the most advanced coins despite being the oldest coin so if no coin has been able to surpass bitcoin in 10 years what are the odds that a new coin can do that now? To me the odds are very low and that is why I'm not worried to hold my bitcoin for a long time.

chipzeru

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There's already another cryptocurrencies that have better features than bitcoin but none of them have beaten it until now in terms of market cap and adoption. Bitcoin already has a trust by many people in crypto as it's the first crypto that ever made and also the most used. Bitcoin also has proven sustainable even after facing a lot of fud. I think that's why many people still believe in bitcoin rather than the other cryptos.

Bitfling

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Quote from: Kidmat on June 18, 2018, 07:24:05 PM

So many predictions that bitcoin will certainly be outdated by another crypto. Until now I think it won't replace in the near future because bitcoin is still the strongest cryptocurency. Many users supporting it these days price low and high users exists.

Indeed, its hard to replace bitcoin as main investment in cryptomarket right now. Many exchanges using bitcoin as main pairs and thats make bitcoin demand always increasing. I am believe bitcoin still survive as primary coin in crypto

radjie

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Quote from: Kidmat on June 18, 2018, 07:24:05 PM

So many predictions that bitcoin will certainly be outdated by another crypto. Until now I think it won't replace in the near future because bitcoin is still the strongest cryptocurency. Many users supporting it these days price low and high users exists.

the competition of digital currency is getting tighter so that many other types of coins are emerging aimed at defeating the popularity of bitcoin, but it all takes a long time for everyone to feel the benefits, bitcoin is the strongest crypto to date, not easy to shift the position of bitcoin because everyone already believe the type of digital coin that is very promising to serve as the best investment asset is bitcoin

Barbarian

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The possibility is there, while I do not think it is going to happen you never know what it may happen, if another person creates something many times better than bitcoin and that the developers cannot replicate then it is possible we see that, but how likely is that? Very unlikely in my opinion.

Malya_alkendy

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Bitcoin is the king of cryptocurrency, bitcoin has great confidence in all crypto players. Although there are so many new coins today, I'm sure bitcoin will still top the thousands of coins that exist today.

doch

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Quote from: minhquang3869 on June 18, 2018, 05:07:18 PM

I think at the moment, it is hard to have any money to beat the BTC, because of the trend of the market, the price of BTC is still high although it has not increased in the past few months but in the future I think BTC will have competitors, such as NEO.
BTC will remain at No. 1 unless people stop trading it.
And I agree with your opinion.

that is right to say that it is not so easy that another crypto call overcome bitcoin so easily, i think that bitcoin will remain as number one currency for a long time and will continue giving us profit, because bitcoin is the first choice of the people are will remain as number one choice for a long long time.

nightways

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If you mean getting outdated by another cryptocurrency, IMO… I think it will be possible, maybe when there are no Bitcoins to be mined at all. But if you mean being outdated by any other cryptocurrency like that of dollars, euros and the rest of them… well that’s a wrong question you have asked, cause you shouldn’t be comparing Bitcoin and other cryptocurrencies with real currencies. They can’t be compared, cause they are very different.

GeniusAko

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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.

It is impossible that other cryptocurrencies will surpass the bitcoin. Bitcoin is the no. 1 in all terms like capitalization and popularity. It is really better if we will focus on making investment with bitcoins.

Ronyx

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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 not, bitcoin will not expire by other currencies, bitcoin is more likely to survive as the strongest and major currency in the crypto. Although many altcoin are made but I do not think they will ever beat bitcoin, because bitcoin is a trusted and highly reliable kripto coin.

Pejoh Asu

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I'm sure and optimistic that bitcoin will always be the first choice and will not be replaced with any coins, although the development of coins and tokens is very fast and fast but I'm sure bitcoin will be hard to replace.

FlightyPouch

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If we will be talking about outdated crypto currency, yes. Bitcoin is outdated with a lot of good crypto currencies on the market. There are a lot of good crypto currencies that is circling the market with great potentials and great features and technologies though in terms of it's support and price, I don't think they will be able to pass the great Bitcoin.

lowellsniper

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Quote from: minhquang3869 on June 18, 2018, 05:07:18 PM

I think at the moment, it is hard to have any money to beat the BTC, because of the trend of the market, the price of BTC is still high although it has not increased in the past few months but in the future I think BTC will have competitors, such as NEO.
BTC will remain at No. 1 unless people stop trading it.
And I agree with your opinion.

Yes, the trend of bitcoin in the market are very strong enough to make it number them number one spot for the next coming years. No other crypto can overpass it.

LKingLion

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No one can kill bitcoin, no one can defeated bitcoin. As for now bitcoin remains as the strongest coin from all coins. Even it goes down still its value couldn't deny that it is still the high price coin. Popularity and influence is on bitcoin sides that falls normally.

keninu

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Bitcoin is the most popular and most trusted digital currency by many people. and with the recent appearance of altcoin, of course, will divide investor confidence between Bitcoin and Altcoin. but I'm sure, Bitcoin will not be expired by another coin. Bitcoin will remain the most popular coin.

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