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Topic: Will the bitcoin be outdated by another currency? - page 42. (Read 5719 times)

jr. member
Activity: 136
Merit: 1
I don't think that bitcoin would be outdated by any other currency in near future, but a few currencies have got very good prospect in future such as Ethereum, Monero, and Neo.
hero member
Activity: 1400
Merit: 536
You're right that bitcoin can be valuable because bitcoin is a currency with a belief principle. many issues are circulating about the negative about bitcoin and people still trust bitcoin, and bitcoin prices are getting more expensive. but I can not be sure that bitcoin will survive or be replaced by other crypto bits, because that's very difficult to predict
People have to rely on Bitcoin because technology has so far supported Bitcoin, so Bitcoin prices will be valuable as technology integrates with Bitcoin. I believe that Bitcoin will do many more innovations.
full member
Activity: 364
Merit: 100
I think it might happen in the future, if some cryptocurrency shows up which people finds better than bitcoin. But for now, I guess bitcoin is still the top cryptocurrency, people around the globe are aware of bitcoin nowadays, but they dont know any other cryptocurrency besides bitcoin, only those who are in the cryptocommunity are aware of these other cryptocurrencies. So in my opinion, bitcoin wouldnt be outdated by anyother cryptocurrency yet.
full member
Activity: 364
Merit: 100
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.

Every cryptocurrency in the market has the chance to replace bitcoins in the future depending on the platform because some of the developers are really trying for the price of their coins to grow even more.
full member
Activity: 420
Merit: 100
CAT.EX Exchange
I never thought bitcoin would expire. Bitcoin has survived nearly 9 years And has a very high value. And until now there is no altcoin whose value is almost equivalent to bitcoin. The most likely substitute for bitcoin is ethereum. But I'm optimistic bitcoin will not be replaced and expired.
newbie
Activity: 66
Merit: 0
I do not think so because bitcoin is simple and lots of people have been using and trusting.
sr. member
Activity: 644
Merit: 259
CryptoTalk.Org - Get Paid for every Post!
BTC is difficult to be replaced by other crypto currencies!

Although there is a possibility of being replaced, BTC has been renewing itself and developing itself!

The advantages of other cryptocurrencies are BTC, while BTC has the advantages of other cryptographic currencies!

And BTC is the first cryptocurrency to invest in many investors!
It’s actually possible that this may happen but for now I think that Bitcoin is going to be King for a very long time and since the other crypto haven’t done anything that different from what bitcoin already have it’s going to be tough for any crypto to usurp the position of Bitcoins.
newbie
Activity: 112
Merit: 0
When you buy Bitcoin whether the price will increase or drop the good point to consider is that you can always use it to buy things that already been accepting BTC as payment, unlike other currency or token or coin, you only used them for trading and exchange but you can buy it on the real world, so Bitcoin is still my best choice.
newbie
Activity: 183
Merit: 0
My answer is no.
Bitcoin is an electronic (invisible) coin that can be passed from one person to another online.
The advantage of bitcoin is that it operates outside the control of conventional and government financial systems. In addition to the benefits and benefits of bitcoin to investors and to our lives, I can assert that there will be no electronic money replacing bitcoin in the current time. and the future.
member
Activity: 392
Merit: 10
BTC is difficult to be replaced by other crypto currencies!

Although there is a possibility of being replaced, BTC has been renewing itself and developing itself!

The advantages of other cryptocurrencies are BTC, while BTC has the advantages of other cryptographic currencies!

And BTC is the first cryptocurrency to invest in many investors!
legendary
Activity: 3248
Merit: 1179
Nobody can give answer on this question, we can have our opinions, predictions, we can try to consult future tellers, but nobody can guarantee nothing. Technology in past decades is progressing with high speed, new things coming out every day, look how many people talk about artificial intelligence, about quantum computers, when that arrives current technologies will stay in shadow, but when will that happen, in 10 years or 50 years it will be seen.
Until that point we have other things to be concentrated on, one of the first is replacing traditional economy system with blockchain, when will that happen? Again we can think what ever we wish, but we can't know exact date for that. Things are going in good direction and that is positive for all crypto enthusiasts. Let's enjoy in the moment and try to take the best from it, that is investing in crypto and supporting it.
sr. member
Activity: 364
Merit: 250
There is other cool features like anonymity, and its not possible for any other altcoin to overtake it, because bitcoin always will have the largest community of supporting it people
newbie
Activity: 156
Merit: 0
Since Bitcoin is the first cryptocurrency and all other altcoins are moving in the market based on the movement of the Bitcoin there is no chance for another currency to out-date Bitcoin as to the current market trend. Bitcoin is attracted by the global community among the educated mass. Bitcoins market capital is very high compared to the other altcoins and also the daily traded volume of Bitcoin is much higher than the alt coins. So we can say that Bitcoin is the king among the cryptocurrency.
member
Activity: 252
Merit: 12
Centuries behind civilization,barter trade was the currency for all exchange of goods and services.Later on,the gold standard came as the currency.This was also outdated by fiat money which will soon be outdated by our beloved cryptocurrency.Now there is the possibility that some centuries to come maybe another currency may out date bitcoin or cryptocurrency.This is because society is always advancing and new technologies pop up everyday.But for the 21st century and maybe the next century is the reign of bitcoin and cryptocurrency for sure.Bitcoin all the way.
member
Activity: 238
Merit: 10
dApps Development Automation Platform
Bitcoin is the king of cryptocurrency, as of now. How many of us use bitcoin as currency instead of investment? Bitcoin's investment popularity overcomes its actual function already, ETH was more frequently accepted as a mode of payment now in several online sites than bitcoin.

Bitcoin is the number 1 in terms of price value, but with functions? There are several good coins/tokens that can pose threat to bitcoin.
newbie
Activity: 50
Merit: 0
I think bitcoin will stay on top of crypto currency, I am very sure, what do you think
full member
Activity: 369
Merit: 106
You're right that bitcoin can be valuable because bitcoin is a currency with a belief principle. many issues are circulating about the negative about bitcoin and people still trust bitcoin, and bitcoin prices are getting more expensive. but I can not be sure that bitcoin will survive or be replaced by other crypto bits, because that's very difficult to predict
hero member
Activity: 700
Merit: 500
we cant say for now, probably because its the first crptocurrency and no other currency for now has been able to meet up with the way sellers and buyers demand for bitcoin. All i can say is the future is brighter and anything just anything can happen.
Well yes, I think you are right. There is no other crypt currency that could have met the requirements and fame of bitcoins. They are the first crypto and this is making an addition to them being supreme. Eth and other altcoins are there too but people will choose that one who is most friendly with them in profits. And there is one most friendly coin, the one and only bitcoins.
newbie
Activity: 196
Merit: 0
Overall on the market, the coin that made the outdated BTC is probably ETH or BCH. Two coin strengths and can compete with BTC. But ETH still prevails over BCH. ETH is a pretty popular coin nowadays. In future ETH price may be on par with BTC.
full member
Activity: 336
Merit: 102
I also dont think that bitcoin would ever by outdatet by any other coin. I think bitcoin will lead the charts of the most alued coin for a long time. But i think there will be a coin in future, which will be more famous and more used. This coin im talking about will be the coin that will accepted as daily payment method by the mainstream. So this coin will most the time have the same price and will not so volatil like bitcoin or any other cryptocurrency right now.
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