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Topic: Would Bitcoin ending up like Yahoo in the future? - page 12. (Read 13089 times)

sr. member
Activity: 434
Merit: 250
I am the biggest fan or follower or well wishes for bitcoin may be I have argued in this thread for there is no possibility for bitcoin to become like yahoo. But current scenario make us to think twice I feel it’s even go worse than yahoo of greedy people started to play like this.
legendary
Activity: 1008
Merit: 1000
Yahoo was the first (?) search engine at the time when Internet started.  It was the pioneer in its field.  In the late 90's its market cap reached to a high closed to $120B.   Three and a half years after Yahoo started, Google came out and gradually took away market share from Yahoo.

After 22 years, Verizon bought it for $4.8B.  Would Bitcoin ending up like Yahoo in the future and got beat up by new competitions?

What do you think?  Please provide your reason(s) to support your view.

Maybe or maybe not, we cant really tell. Coz as of today Bitcoin is in demand, a lot of investors we're attracted to it. Although theres a lot of altcoins competing, specially ETH is close and almost catching up with BTC.
 Maybe in the future BTC could be replaced with another innovative crypto currency, but you cant take away the fact that BTC is the first successful crypto that was created, and the idea of it remains original.
I did not see the price of Ethereum increases recently. The altcoin is threatening the price of Bitcoin is Bitcoin Cash and the value of Bitcoin has increased more than 300% within 1 week. And beside that, the idea of Ethereum platform is defferent Bitcoin, it uses smart contract and helps all deal through blockchain become safe more.
legendary
Activity: 1274
Merit: 1004
This type of scenario can also happen with Bitcoin as because this is the common rule of the world. People like the best option they have and it depends on us the developers that what options should be given to users. Bitcoin especially famous for its price violation and transparent network. Nowadays almost any old coin has this feature but they are not much accepted all over the world like Bitcoin and in addition to that they have very low transaction fees and we don't know what will happen with them in the future , they can also end up like Bitcoin is right now.
member
Activity: 588
Merit: 18
Bitcoin is know as cryptocurrency for buying and selling online straightly on business. while yahoo deal with chatting. and I think the difference still remain.
member
Activity: 197
Merit: 10
I saw a video. It was about banks think that bitcoin is not money, just virtual cash or some sort. That in the near future there will be a revolution that will bring the fall of bitcoin. It somehow made me think. If its true, it is a little scary. But im still hoping for bitcoin will remain strong as it is right now.
member
Activity: 364
Merit: 10
I can't accept this statement at all.Bitcoin is not like yahoo and bitcoin won't be end up like yahoo in future. Bitcoin will bring revolution in future. It will be reach 8k-10 in the eand of this year i think.
hero member
Activity: 2716
Merit: 552
Yahoo was the first (?) search engine at the time when Internet started.  It was the pioneer in its field.  In the late 90's its market cap reached to a high closed to $120B.   Three and a half years after Yahoo started, Google came out and gradually took away market share from Yahoo.

After 22 years, Verizon bought it for $4.8B.  Would Bitcoin ending up like Yahoo in the future and got beat up by new competitions?

What do you think?  Please provide your reason(s) to support your view.

Maybe or maybe not, we cant really tell. Coz as of today Bitcoin is in demand, a lot of investors we're attracted to it. Although theres a lot of altcoins competing, specially ETH is close and almost catching up with BTC.
 Maybe in the future BTC could be replaced with another innovative crypto currency, but you cant take away the fact that BTC is the first successful crypto that was created, and the idea of it remains original.
full member
Activity: 204
Merit: 100
I can not say in advance what will happen in the future but I think bitcoin will survive and develop in a long time because bitcoin has many benefits to people, especially about economic benefits.
full member
Activity: 532
Merit: 101
Bitcoin will not ending up like yahoo in the future, because bitcoin is an investment that accept by the people and it will continue to grow and popular. They are difference because bitcoin is very useful. It will not ending up because bitcoin is a currency and kinds of investment. I believe that bitcoin will become stronger, it will not ending up like yahoo, because bitcoin is very trusted not like yahoo. It will not end until people believe in bitcoin and use bitcoin.
full member
Activity: 378
Merit: 100
I think so. Let say some happen in future, Bitcoin users has been growth rapipdly.
many transactions that creates every day, it could be a miner pool will be got many problem to speeding up process of confirm every transaction. addition default cost for each transaction charge more high. it is not impossible that this technology will decline and people will switch to another suitable finance system which can faster to processing and of course charge for cheaper cost.
Nothing can keeps its power forever, Bitcoin is also a currency normally, it can replaces by other currencies in someday if Bitcoin does not have power enough to supply all users.
Recently, I always use Ethereum for my transaction because the time to get confirmation through Ethereum faster than Bitcoin a lot, just 1-2 minutes.
Probably, Ethereum could be used more if the future as an alternative transaction or payment to replace bitcoin.
Some web wallets believe that Ethereum has the ability to process transactions such as bitcoins, with faster transaction processing. this certainly benefits the user Ethereum .
full member
Activity: 377
Merit: 100
MenaPay - Crypto made easier than cash
Yahoo was the first (?) search engine at the time when Internet started.  It was the pioneer in its field.  In the late 90's its market cap reached to a high closed to $120B.   Three and a half years after Yahoo started, Google came out and gradually took away market share from Yahoo.

After 22 years, Verizon bought it for $4.8B.  Would Bitcoin ending up like Yahoo in the future and got beat up by new competitions?

What do you think?  Please provide your reason(s) to support your view.
I don't think that same thing will happen to Bitcoin. In the first place, yahoo and bitcoin are two different things so there's a huge possibility that both will end up different. And also, unlike yahoo, Bitcoin is an open source system meaning, no one owns it since it is decentralized which is one of its characteristics. So in my opinion, Bitcoin will be more successful than yahoo in the future.
hero member
Activity: 994
Merit: 503
Yahoo was the first (?) search engine at the time when Internet started.  It was the pioneer in its field.  In the late 90's its market cap reached to a high closed to $120B.   Three and a half years after Yahoo started, Google came out and gradually took away market share from Yahoo.

After 22 years, Verizon bought it for $4.8B.  Would Bitcoin ending up like Yahoo in the future and got beat up by new competitions?

What do you think?  Please provide your reason(s) to support your view.
no one knows here what would and could happen to the future. Maybe some fork would takeover the bitcoin network in the near future because of slow network. More demand is comming for bitcoin = more transaction  = more unconfirmed transactions and high fees. I think some altcoin would takeover bitcoin.
I think so. Let say some happen in future, Bitcoin users has been growth rapipdly.
many transactions that creates every day, it could be a miner pool will be got many problem to speeding up process of confirm every transaction. addition default cost for each transaction charge more high. it is not impossible that this technology will decline and people will switch to another suitable finance system which can faster to processing and of course charge for cheaper cost.
Nothing can keeps its power forever, Bitcoin is also a currency normally, it can replaces by other currencies in someday if Bitcoin does not have power enough to supply all users.
Recently, I always use Ethereum for my transaction because the time to get confirmation through Ethereum faster than Bitcoin a lot, just 1-2 minutes.
newbie
Activity: 27
Merit: 1
It can be but i do not think so because even experts and people of wall street said that it will be the future and every billionaire invests in bitcoin and they make a lot out of it if they trust why shouldn't we trust it we all so want to make money out of it.
hero member
Activity: 2590
Merit: 644
And we must prepare for such a scenario, although the chances are minimal. But my guess is that in case if Bitcoin goes down and another crypto-currency replaces it, it may be one of the Bitcoin clones rather than one of these proper alts such as Ethereum...
Even though there will be a down for bitcoin then it is not enough to tell that bitcoin will be going to replaced by another type of cryptocurrenecy like the ethereum and other type of its clone because bitcoin is very strong and it already passes a lot of problems and hindrances and that is enough that bitcoin can survive for more long years and it will not be like yahoo in the future.
sr. member
Activity: 388
Merit: 250
And we must prepare for such a scenario, although the chances are minimal. But my guess is that in case if Bitcoin goes down and another crypto-currency replaces it, it may be one of the Bitcoin clones rather than one of these proper alts such as Ethereum...
full member
Activity: 378
Merit: 100
Yahoo was the first (?) search engine at the time when Internet started.  It was the pioneer in its field.  In the late 90's its market cap reached to a high closed to $120B.   Three and a half years after Yahoo started, Google came out and gradually took away market share from Yahoo.

After 22 years, Verizon bought it for $4.8B.  Would Bitcoin ending up like Yahoo in the future and got beat up by new competitions?

What do you think?  Please provide your reason(s) to support your view.
no one knows here what would and could happen to the future. Maybe some fork would takeover the bitcoin network in the near future because of slow network. More demand is comming for bitcoin = more transaction  = more unconfirmed transactions and high fees. I think some altcoin would takeover bitcoin.
I think so. Let say some happen in future, Bitcoin users has been growth rapipdly.
many transactions that creates every day, it could be a miner pool will be got many problem to speeding up process of confirm every transaction. addition default cost for each transaction charge more high. it is not impossible that this technology will decline and people will switch to another suitable finance system which can faster to processing and of course charge for cheaper cost.
sr. member
Activity: 308
Merit: 250
MatrixCoin - Creating Bright Future Together
i think it is likely to happen.

Especially, when Bitcoin lost its usefulness such as ease of transactions or widely accepted like ATM machines accessibility and security segwi2

Later on the bitcoins will be a fruitful cryptographic money and after that the bitcoins will be have a ceaseless life in light of the fact that nobody can influence a digital money to like the bitcoins the bitcoins will the future ruler of the economy and it will control all the economy of the world on the grounds that the cost of the bitcoins is expanding ever more elevated quickly so try not to be stressed over the bitcoins on the grounds that nothing can hurt the bitcoins .
sr. member
Activity: 437
Merit: 250
Hey, the average Bitcoin transaction fee ($10.17) is now more than twice the cost of Bitcoin itself ($5) in 2011. Nostalgia and inertia-fueled masochism: Using Bitcoin instead of DASH Digital Cash in 2017. Come on dudes, sub-penny transactions are fun!

great videos:
Dash sponsored Circus City in Bristol UK with Ed Rapley
https://youtu.be/_waMm5qmq9g

Dash Force News 3 Amigos Podcast E24 with Alex Werner from Dash Core: https://youtu.be/KP32FtnD1Q0

cheers
full member
Activity: 266
Merit: 100
If the fate of the crypto currency is successful, then I believe that bitcoin will move more progressive coins, in which demand, popularity and advertising will be at the highest level. Nothing lasts forever, the main thing is to make a user-friendly interface and you can get an apple.
full member
Activity: 490
Merit: 100
i think it is likely to happen.

Especially, when Bitcoin lost its usefulness such as ease of transactions or widely accepted like ATM machines accessibility and security segwi2
Well i don’t agree you. It is not going to end like yahoo , yahoo was unable to compete google and it failed in the competition but bitcoin is leading all and has no one in the competition, it is favoured by the mass because of its quick and easy methods of transferring, a huge profit is an attraction for the investors. It is about to replace the regular currencies in future and soon countries will recognize it.
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