Topic: Would Bitcoin ending up like Yahoo in the future? - page 20. (Read 13089 times)

No, I don't think that will be the case for bitcoin. My only reason? Bitcoin (network?) is not owned by a single or group of people (I mean, no one is actually controlling the bitcoin itself). It can be used by everyone, and its value depends on the level of its demand. Well, if you are going to ask if other cryptocurrencies will beat it, my answer is still NO. Bitcoin is the father of all cryptocurrencies, and it won't disappear even if other cryptocurrencies will be gone.

We can't compare Bitcoin with yahoo or any other company online, there is a lot of differences. Mainly Bitcoin is the first and the most powerful crypto currency and having the bigger community trading it, so it is expected to continue its success for very long time.

Something may replace Bitcoin when a disaster happens, we just don’t know yet. Bitcoin is one of the things out right now that will keep people spending other currencies without relying on the government currencies alone. If Bitcoin wasn’t around right now then there would be much less talks about people finding a safe haven investment on the news, people would be reading more news on Gold and other precious metals that they can invest in and they might look into investing their money on precious metal stocks that will think that can get them rich. Most won’t really know that they own nothing.

I think it is impossible to be like that. Bitcoin has a strong market demand and value. Many of us depends on  bitcoin now and we all want bitcoon so i think bitcoin we be good than yahoo and it will never be like that. As long as the people are depending on it. Bitcoin is bitcoin dont compare.

That time will tell but it is not impossible at all. Bitcoin can be replaced by another worthy crypto currency in future. But I don't see that coming anytime soon. Bitcoin will be available till 2023 for mining. So till that time, no other coin will have the power to overpower bitcoin in any way.

However, after 2023, it may be possible that ETH or any other crypto currency to take over bitcoin using its technical superiority. But they will still have to cross a long way. Specially bitcoin is backed up by public trust and a lot of people have invested a lot of money in to it. Till the positive energy around bitcoin will be high, no one can take down bitcoin. 

This is what I am always saying that bitcoin will continue to innovate  to catch up with the demand.It may evolve into another coin or something else due to forking but still its the same cryptocurrency. As bitcoin popular, transaction speed become slower  due to network congestion,and confirmations takes some time. I know it is being addressed.

No one knows. Yahoo is very popular back in the year of 2000. It is used by lots of people. Then Facebook and friendster came which has a better feature than yahoo that made its users transfer to facebook and friendster. And the same thing can happen in Bitcoin, if and only if, there'll be another cryptocurrency that will have a higher demand, larger community and higher market value. But as of now  let's just support Bitcoin and encourage more people to be a part of it.

I hope bitcoin will not end up like yahoo, as far as i can remember, yahoo was the search engine before, even though are a lot of competitions, but then as if people were looking for something else, yahoo, since it was already at the top, did not delivered what the people want, it remained as a search engine and an e-mail address, though there were some games, those games are considered lame, however new competition arises, though it also started as a search engine like yahoo, it brought innovations better features making it not only a dominant search engine but they made further innovations and not just focused on searching, that company is google. Now comparing bitcoin to yahoo, i see that bitcoin is far away from yahoo, bitcoin has a different set of game, bitcoin along with other cryptocurrencies has shaken up the digital and financial world, what i can see is that people will make further innovations for their bitcoin, i think there will be a time wherein all of us have microchips implanted or carried, and we just need to scan those chips in order to do transactions and also, making out bitcoins much secure, i think that could be a possibility in the future, but who knows what the future holds, what we do know for certain is bitcoin had already established itself as a dominant cryptocurrency for years.

Future holds so many things that are not certain for now. Bitcoin may stay on top for a long time but surely we all know someday something else may come on top.

I wish it wont. If the community stop supporting bitcoin in the future may it will happen or if there will be more innovative discoveries of new coins that will surpass bitcoin.

Bitcoin will not be the first and it will not be the last cryptocurrency the world will ever see. It is highly possible that Bitcoin will be replaced by something else. It can be a new and improved Bitcoin or it could be something entirely else. Sooner or later, a new crypto will come that is newer, better, upgraded, and more stable than the last. Innovations will be made. It will be more user-friendly and can be more adaptable. It will be more accepted and be more of value. But it cannot be denied that Bitcoin may not be the first digitized currency but it has laid the foundations of the modern cryptocurrency.

Yep! Yahoo is facing hard times because of their own carelessness. They did not offer new things to their customers. In the world of technology, people are always waiting for new ideas and updates. On the other hand bitcoins are doing great. The team knows that they need to work constantly in order to keep their customers satisfied. There are no chances of bitcoins ending up like yahoo.

I posted this on #223 above:
The reason why Yahoo was picked is because its news came out at the time this thread was created.  The news reminded me about Yahoo and how it failed to maintain the leadership in its industry because of lacking of improvements and innovation.

I thought the fixed supply is a good thing?  It is deflationary and does not lose value like fiats.  In term of the BTC distribution verse the world population, it is not a problem at all.  Each bitcoin has 100,000,000 Satoshis.  21 millions bitcoins have 2,100,000,000,000,000 satoshis.  Even if we have 10 billions people in the near future, each person could have 210,000 satoshis.  

In one day, when the system of Bitcoin can't provide supply coin for the community user on the world's, it will be replace by any altcoin after it in this time, because just have 21,000,000 coin for supply for us, so need have a way fix this issue.

Yahoo is an outlier in my opinion... I dont think bitcoin will follow

That is also possible if we people doesn't care much about bitcoin and investing on altcoins. Even don't try to move towards bitcoin cash also. If you have enough fund to invest please try to invest on blockchain based business. Altcoins won't give  anything to you.

Yahoo can’t be compared with bitcoins at least. Bitcoins are doing well in the crypto market and they definitely have great future. Nothing can make bitcoins disappear from the crypto world forever. Bitcoins are the rulers and hopefully they are going to maintain their position. We just need to support bitcoins for keep enjoying its amazing features.

Yes there is a chances the main success reason for google giving back to customer like Adsense same following by ethereum and waves by creating smart contracts I think waves having more ability .

i think so 

Ya true so.Why because it not updated till the end of exit.New things came ,so people changed to that. But in bitcoin, it will Not happen so.Because day to day the price of bitcoin is keeps on increasing. So people use to inverse on bitcoin. The bitcoin will exist only if the people start to inverse on it.