Topic: Will the bitcoin be outdated by another currency? - page 53. (Read 5719 times)
Well, I like that you guys believe in bitcoin so much and I too, but.. Now bitcoin may be the most trusted and popular crypto but I think it can easily change in the future. Bitcoin now can process a maximum of 7 transaction per second. With Schnorr signatures the capacity will rise by 25%. But it's still very low for mass adoption. That's very low compared with what other cryptocurrencies can. Plus, bitcoin consumes a way more electricity than other cryptos. Maybe now it's okay, but if that won't change in the future, the cost can be too much, plus this contributes to global warming. On top of that, Bitcoin lacks anonymity. If at least the first two problems will be solved, then bitcoin can be a leader. You never know what will happen. Now I don't see any competitor that can beat bitcoin and take away it first place. But to say that bitcoin will always be number one is a bit of exaggeration.
Since bitcoin started until this day no altcoin surpasses it, even there are other crypto coins that has good qualities and offer opportunities still bitcoin remains to be on top. This is one of the main reason bitcoin gain people trust throughout this years.
And even in future it is not possible that a single currency will surpass bitcoin, bitcoin is the kind of all crytpo currencies, and will remain as the kind for ever, because bitcoin is the first currency that was created as online and after that other crytpo currencies created as alt of bitcoin. Bitcoin is still the first choice of the people. 
Since bitcoin started until this day no altcoin surpasses it, even there are other crypto coins that has good qualities and offer opportunities still bitcoin remains to be on top. This is one of the main reason bitcoin gain people trust throughout this years.
And even in future it is not possible that a single currency will surpass bitcoin, bitcoin is the kind of all crytpo currencies, and will remain as the kind for ever, because bitcoin is the first currency that was created as online and after that other crytpo currencies created as alt of bitcoin. Bitcoin is still the first choice of the people.
I do not know friends, I think so the very first crypto currency that was created was bitcoin, he is the parent of all the other coins of all All alts. You can assume that bitcoin will forever be the first in all ways, I'm thinking that no, because the technologies do not stand for revenge, will be in a few years at what level will rise Blockchain he will surround us everywhere because this is the future.....
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.
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.
Exactly, BTC will always be BTC and it won't change. If there is a possibility that the market trend will thoroughly change and some coin will outdate BTC then maybe there is one in a million chance for it to happen.
Since bitcoin started until this day no altcoin surpasses it, even there are other crypto coins that has good qualities and offer opportunities still bitcoin remains to be on top. This is one of the main reason bitcoin gain people trust throughout this years.
And even in future it is not possible that a single currency will surpass bitcoin, bitcoin is the kind of all crytpo currencies, and will remain as the kind for ever, because bitcoin is the first currency that was created as online and after that other crytpo currencies created as alt of bitcoin. Bitcoin is still the first choice of the people. 
I don't actually think that it is possible because bitcoin is a centre of crypto - even if it is not so functional and modern.
I think it is not possible, in this time there is no crypto compared to the bitcoin, value is the biggest and most of people is interested on btc only, because they can get the biggest profit from it.
Bitcoin is quite more understandable and explainable to new users. It has a simple overlay. It is the first of its kind. It is the most famous cryptocurrency. No new coin shall take away with what bitcoin has in it.
Bitcoin was the coin that laid the foindation of blockchain and now new coins and cryptos are being made with several tweeks here and there in the same platform that bitcoin works on.
The user base of bitcoin is so huge and its value is comparatively better compared to the rivals. Thus it shall not lose its game any soon.
Bitcoin was the coin that laid the foindation of blockchain and now new coins and cryptos are being made with several tweeks here and there in the same platform that bitcoin works on.
The user base of bitcoin is so huge and its value is comparatively better compared to the rivals. Thus it shall not lose its game any soon.
Since bitcoin started until this day no altcoin surpasses it, even there are other crypto coins that has good qualities and offer opportunities still bitcoin remains to be on top. This is one of the main reason bitcoin gain people trust throughout this years.
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.
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.
Still it is possible if an another crypto currency creates more demand then bitcoin.You are right we can't compare bitcoin with an social medias like yahoo the giant of internet search engine was replaced by a small corporation named Google then they become the king.So this also happen if some other coin provides better services than bitcoin.But I am also bitcoin lover don't want an another coin will be replaced by bitcoin.
Bitcoin already has all the signs of aging. But Antiques are always more expensive than new ones. Bitcoin is now the best tool for storing backups. Those who invest the money necessary for daily use may lose their investments in a period of prolonged decline in prices. But those who are willing to wait will never lose their savings.
It's hard to tell since til this day no currency big and bold enough has really came out of the open and made an impact
that rivals or stirs things up. All we have are speculations really, basing stuff like bitcoin's growth and rise. But bitcoin
is quite different, and still different even with all the comparisons and critics that came through it. Bitcoin is an entirely
unique currency. Never duplicated and never imitated. Outdated sounds preposterous, If people would think deeper,
arising and existing currencies are in a sense offsprings from bitcoins. There might come a time for a new currency to
take the limelight, but as long as bitcoin is here it ain't happening.
that rivals or stirs things up. All we have are speculations really, basing stuff like bitcoin's growth and rise. But bitcoin
is quite different, and still different even with all the comparisons and critics that came through it. Bitcoin is an entirely
unique currency. Never duplicated and never imitated. Outdated sounds preposterous, If people would think deeper,
arising and existing currencies are in a sense offsprings from bitcoins. There might come a time for a new currency to
take the limelight, but as long as bitcoin is here it ain't happening.
Another currency or another altcoin? If altcoin then Lets wait for etherium to replace the throne of the king if bitcoin will not implement the lightning network and etherium will in the future successfully feature it Im sure eth will be the next one.
No doubt with ethereum but I think that altcoin can't replace bitcoin if you remember last year ethereum has almost overtaken the price of bitcoin but unfortunately ethereum can't make to overtake how much more to replace on it. Bitcoin is bitcoin no one can replace it even a paper money currency can't replace the digital money bitcoin.
Another currency or another altcoin? If altcoin then Lets wait for etherium to replace the throne of the king if bitcoin will not implement the lightning network and etherium will in the future successfully feature it Im sure eth will be the next one.
As we can view bitcoin it cannot be outdated by another currency although there are many coins existing still bitcoin would be dominates along with other cryptocurrency. We cannot really know what may happen in the future since this cryptocurrency has it's fluctuation but I still believe bitcoin has strong foundation.
Bitcoin is the primary coin, it might be hard to see it now, but all coins were still based on bitcoin and do sometimes reflects their value depending on bitcoin price.should be when Bitcoin decreases then altcoin will increase.
this is annoying especially for traders alt coin.
As we can view bitcoin it cannot be outdated by another currency although there are many coins existing still bitcoin would be dominates along with other cryptocurrency. We cannot really know what may happen in the future since this cryptocurrency has it's fluctuation but I still believe bitcoin has strong foundation.
How many cryptocurrencies have been through baptisms of fire as Bitcoin? Every difficulty faced by Satoshi's creation makes it shows itself stronger, safer and trustable. People want a traditional and trustable asset in order to allocate their wealth and Bitcoin can handle it. If we wanted instant confirmations and low fees we would use fiat money instead Bitcoin.
In my own personal opinion, bitcoin will never be outdated by other cryptocurrencies because bitcoin is the first ever cryptocurrency so there are no possible reasons that bitcoin will be outdated or will be replaced, even there are a lot of countries started to banned bitcoin.
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.
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.
You already gave the answer to your question. I agree with you, I do not think any cryptocurrency type Bitcoin can get its place. Besides, many crypto money types are calculated over Bitcoin and the resulting value is converted into Dollar. Certainly serious projects like Ethereum will try to approach Bitcoin, but I do not think any project will be more successful than Bitcoin.
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