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Topic: Will the bitcoin be outdated by another currency? - page 6. (Read 5719 times)

sr. member
Activity: 1078
Merit: 254
of course not. bitcoin is the origin of all crypto currencies and is currently the king of all cryptocurrencies. No one will be able to beat bitcoin but they can only be a bigger competitor.
member
Activity: 294
Merit: 10
I think bitcoin is a digital currency, and bitcoin is a type of online or internet transaction, no one can beat the price of bitcoin, and bitcoin will not become extinct or expire, bitcoin will always be popular and more and more interested in bitcoin transactions in the future will come.
Bitcoin is the first currency, so it has a large number of supporters. Bitcoin has brought wealth to so many people, so they still have faith with bitcoin despite its sharp price drop. I believe that one day there will be a penny that gives me more chance than bitcoin, when bitcoin will be outdated.
newbie
Activity: 12
Merit: 0
No, Bitcoin can never be supplanted by some other digital money. Above all else, Bitcoin was the first of its kind. It will dependably stay unique advanced resource. This reality alone makes everything the more profitable. Second, Bitcoin can be effortlessly redesigned. Any new usefulness which is given by any Altcoin can be added to Bitcoin likewise, as long as it doesn't influence its decentralization. Third, there are satellites broadcasting the system to the world. This implies anybody can take an interest in Bitcoin without depending on web working.
jr. member
Activity: 76
Merit: 4
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
newbie
Activity: 252
Merit: 0
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.
Even if the performance of bitcoin is inferior to other alto coins, I think that bitcoin will not be obsolete.
bitcoin is the symbol of the cryptographic currency and is the king. I think that it will be treated as an attractive financial asset like gold.
member
Activity: 273
Merit: 10
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 have a different view from you, everything is renewed and developed to fit a society changing day by day. I'm sure there will be a new coin better than BTC or ETH and it deserves to be held in the future. In my opinion, it could be coins from the governments of the nations
newbie
Activity: 28
Merit: 0
according to the laws of nature or the laws of development. The newborn replacement for the old. Will there be a new kind of cryptocurrency replacing Bitcoin, which is unknown.
member
Activity: 269
Merit: 10
I think bitcoin is a digital currency, and bitcoin is a type of online or internet transaction, no one can beat the price of bitcoin, and bitcoin will not become extinct or expire, bitcoin will always be popular and more and more interested in bitcoin transactions in the future will come.
newbie
Activity: 124
Merit: 0
I think its a possibility. why? because of bitcoin transaction per second will not keep up with the mass adoption in the near future. some altcoin out there will make bitcoin obsolete and will solve every problem it has facing right now.
full member
Activity: 332
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.
There is a possibility but still it would take up a long time before that happens considering the expensive value of bitcoin and the price gap of it with other altcoins. Bitcoin has built it success after a long time of criticism and doubtful minds of the people but still it reigns dominant so it would be hard to outdate bitcoin.
No I don't think so that any other cryptocurrency or altcoin has that much of capability and potential to overtake or out date Bitcoin.Bitcoin is a father of all the cryptocurrencies and it is the most expensive and valuable one in the market.Tt has the highest number of users among all the cryptocurrencies and its demand is also very high in the market.It is the best option for investment purposes in today's date.It is also considered as the future of the currency.
in my opinion, we cannot ensure that bitcoin will be replaced with another currency or not. but I'm sure bitcoin will be victorious in its time and will not be replaced by other currencies.
full member
Activity: 588
Merit: 101
I think, bitcoin is a digital currency that will continue to grow and people will be increasingly interested in bitcoin because bitcoin is a coin that promises and becomes the basis of other coins so bitcoin will not become outdated and will not be replaced by other coins
hero member
Activity: 854
Merit: 501
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.   
In my opinion, it is very difficult for ETH to beat BTC, if there are a lot of other coin apps that are better than ETH and BTC. However, the difference is that people only believe in bitcoin because their prices are not so volatile
It is difficult to overcome Bitcoin by ETH and this is totally irrelevant to say because we have to know about the prices of both coins then we be able to compare and talk about both the coins. The price of Ethereum is 196 US dollar while that of Bitcoin is 6251 US dollar and both are currently running in their low markets so the difference is clear that it will take long for Ethereum to reach at even the lowest value of Bitcoin.
legendary
Activity: 1610
Merit: 1003
i think we have same thought for now. bitcoin cant be replace by other cryptocurrent. every second people make transaction using bitcoin. bitcoin is the first idea to make another coin. but nothing impossible here, you know that bitcoin price for the first it release and last year it have big change. we dont know how the future about bitcoin. if you always use this coin for your business i think it wont be replace
full member
Activity: 490
Merit: 101
It seems that the amplitude of the course fluctuations gradually damps, approaching the average value around which the course has been going the last months. As soon as it falls closer to 6,000, the owners of the mining plants begin to raise it, because it is already close to the outlet, do not forget that large players also have costs for rent, personnel, taxes, etc. ...

And as soon as it rises closer to 7 thousand - immediately start the market whales to close positions, race, who will quickly be in time before the fall of the rate again closer to 6 thousand. Somehow, And some powerful impact is needed to break the course out of this the devil's pendulum ....
sr. member
Activity: 812
Merit: 250
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 don's see any cryptocurrency can surpass what bitcoin established. Bitcoin already proven what it can give by being the longest active and gaining coin. It seems that it is the mother of all coin. Bitcoin already help a lot of people in terms of financial, security and convenience.
member
Activity: 308
Merit: 10
If we compare the technological achievements that we have today with those that were twenty or thirty years ago, we will conclude that everything that at one time we thought was superior and irreplaceable has come to fall into absolesence with the passage of the years. Unfortunately I do not think that the case of blockchain technology happens in a different way, and in fact at this very moment we are witnessing the great enthusiasm that cryptology is generating, stretching the technological limits of new cryptocurrencies to levels really unsuspected a few years ago.

This does not mean that the bitcoin as a store of value or as a long term investment ceases to be convenient or loses its usefulness over the years, but in strictly technological terms it is a fact that sooner or later it will be outdated.

I agree with you here and i would like to show this graph to give an idea about the incrising technological advancements



Going back to the question of the op, truth is we cannot know, it depend also from the changes that bitcoin will undergo in the future.

Yes, more and more advances in technology and especially in information technology. Electronic money is one of those advances, looking at the chart I see all the advances from 2012 can be dominated by electronic money if the electronic money grows. I believe that bitcoin will not be outdated because it is new
sr. member
Activity: 597
Merit: 250
WPP ENERGY - BACKED ASSET GREEN ENERGY TOKEN
nothing impossible. bitcoin can be replace by other currency sometimes or never. but still have chance to replace by other.
when people no more buy bitcoin, no transaction made, but cryptocurrent still alive, it can be predicted that bitcoin will be loss popularity.
in a fact, bitcoin is mother of coin. the one, mighty coin here. so, its hard to move bitcoin from it throne.
full member
Activity: 462
Merit: 100
BitHostCoin.io
Bitcoin is very good when we talk about the work and earning money and that's what people like the most. No one can defeat bitcoin because this coins has a huge potencial to grow up higher that's why many poeple invest it to earn profits from it.

Yeah right, that's mean for now and for many years I think there is none that can replace bitcoin and I am sure that bitcoin will continue to grow and achieve high price as time passes by.
member
Activity: 294
Merit: 10
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.
Yes, perhaps the most remarkable bitcoin is the low total supply and scarcity. The altcoin coins have a very fast level of trading their quantities are too large, not necessarily in such large quantities. Who knows that one day they will be "exploited" a billion times, we need a scarcity for value.
member
Activity: 372
Merit: 12
Bitcoin is very good when we talk about the work and earning money and that's what people like the most. No one can defeat bitcoin because this coins has a huge potencial to grow up higher that's why many poeple invest it to earn profits from it.
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