Topic: Will you switch to a new technology, if it offers better features than Bitcoin? (Read 2443 times)

not really bitcoin speaks for itself for me to trust. even if the government or any other company introduced a new technology better than bitcoin i will still be hesitant to use it.

We should always move on to better technologies than stick to the old .

i think almost all people here love bitcoin because its price and can used for investement,not take point to payment alternative,and i'm pretty sure if someday bitcoin have competitor that have better price and also can used as payment,people will start leave bitcoin.

Depends, If the new technology is good and have a good future. I will switch to a new technology. If that new technology have more price than bitconi, i'm sure will switch.

i think it is logical to think that it is easily possible for a new technology to come along and become better than bitcoin, i am not saying such technology exists right now or going to exist soon but i say it is possible just as bitcoin came along and is better than fiat as we know it.

but any new technology will have its ups and downs, nothing is perfect. besides it doesn't mean complete replacement of the old technologies as long they are not obsolete.

Yes i think i would change if it will be adopted by more companies and there will be more user than bitcoin users.

I will not use it, and I don't think I'll switch from Bitcoin.
I have been use PC for a long time, and I think MAC is better and I have not switched over.

I will use it, but I don't think I'll switch from Bitcoin.
I guess even there's a better technology people would still use bitcoin.

Fair, my thought too the same. As long as cryptocurrencies are there bitcoin stay the first. I think if any new technology arrives, bitcoin will adopt it too. Anything can come, new technology or good features, i won't leave bitcoin for any reasons.
 

it is a hard question to just say yes or no to.
it really depends on the situation, and just having better features doesn't mean more security or being really better than bitcoin.
it needs to have all the good features of bitcoin and anything extra it has as a better feature shouldn't make it less secure (like having faster blocks mined)

Yep, pretty much my same thoughts. I've played with Paycoins the moment it got released in the market. It was very promising yes, but it didn't really take long before the market took it down. Guess what i'm also trying to say in addition to this is that there's more to this cryptocurrencies than just the technology it offers. A big factor now would be is how it's being used and patronize by the market now. Bitcoin for as long as cryptocurrencies exists, will always be here.

I just use the Ether to send to the exchange and sell for bitcoin. I am not using the Ethereum directly.

Scalability is a perpetual problem to be addressed. This debate will never, ever go away. Throughput vs. decentralization is tied to Bitcoin's raison d'etre.

Controversial changes should be extremely difficult and preferably impossible to make. This immutability of Bitcoin rule enforcement is what enables its value proposition. Without such immutability, the majority can effectively steal the minority's money. Consider one example: 50 years down the road, the vast majority of bitcoins will have been mined. Late adopters, accordingly, hold a disproportionately small amount of bitcoins vs. early adopters (and their heirs). One might imagine that these late adopters, then, would be interested in further inflating the supply, in order to obtain for themselves a larger proportion of the network's bitcoin-denominated wealth. As time goes on, more and more (a majority) of users fit this demographic, as over time, mined bitcoins (accumulated) are distributed through the network into more and more hands. So, this creates a situation where the majority has a distinct economic interest in stealing from the minority by removing consensus money supply rules and obtaining for themselves more bitcoins. While supply/demand considerations suggest this would hurt all bitcoin holders (in the form of reduced price), it would disproportionately affect early adopters.

To the OP's question, bitcoin is not currently the superior technology in this field, and likely won't be in the future. That doesn't mean that any alts will ever really compete with its predominant use cases and value proposition. Due to the size of its userbase and the scope of money invested into the system, we do not have the option -- as alt developers do -- to implement hasty software changes, especially without full community support.

Hehehehe ima switch to lisk lel

I thought that ETH would be good, because the coin itself actually had a use. That's what bitcoin lacks in comparison for gold. Gold can be used for decoration, not just an asset. Even diamonds have an industrial use. Bitcoin? Well... The best you could do is stake it (not going to happen)

You can actually use ETH tho

Bitcoin is currently the top-notch crypto coin and I don't think there will be another candidate to dethrone it for the foreseeable future. The good thing about open-source projects is that they can quickly adapt to changes and evolve into a better product with time passing. However I do not believe in fanboyism in any form so if Bitcoin development is stalling and new better things come up on the horizon I won't be sacrificing possible profit by staying with the old technology out of nostalgia.

If there's something that works, is battle tested, isn't run by assholes - ideally no humans at all - upholds Bitcoin's principles and is actually appealing to the masses then I'd go for it. I really can't see where it would arrive from though.

yes we are will always stay on bitcoin,we love bitcoin,no matter if there was new technology,even that technology better than bitcoin,i will not leave bitcoin, yes i'm agree,maybe technology like bitcoin will never founded again.

well to be honest i can't think what could be better than Bitcoin, because it already have huge security, it is easy to use and it have huge potential now, so i don't really think that we will get something better soon

but if someday there will be something than bitcoin,  i won't go to 100% with it but i will go like 25% with it just in case it will be very popular

Well, I wouldn't say all traders as there are certainly some that care what Bitcoin is. Otherwise, I do agree with you.

Okay, yeah that is the right answer to that question. Basically, it is not really hard to determine whether someone is here for profit or for other reasons in most cases.

It will remain the top for a long while. Even if you combine all the altcoin's adoption, it doesn't come close to Bitcoin.

That is false. Of course it is possible that an altcoin gets produced with superior features (a few, or almost all), but with the nature of open-source it can't stay that way for long. Bitcoin can always adopt some or all of those features.

new technology which better than bitcoin,it will never exist,i said bitcoin is the best in it class so far,except there was crypto currecny which better than bitcoin,better price,better transaction and anonymity,it would great,and i will switch to that,but not leave bitcoin at all.