Topic: Would Bitcoin ending up like Yahoo in the future? - page 22. (Read 13089 times)
It might happen if someone will make a new alt-coin and the people will choose to support it because of its unique properties just like 'Google'.
I think anything is possible. With this new BCC currency who knows what could happen. If Bitcoin continues to have issues with forking maybe another coin will replace it. Bitcoin 2 !! xD It would be the next Bitcoin really.
With the current fork i hope the current issues will be settled by now but i am still waiting for the November move,just looking for the best to happen for bitcoin so that my money wont get dumped. 
There have actually be various of different crypto currencies invented in the 1990s and 2000s that failed due to them all having a centralized model. Bitcoin is the first coin to solve this problem of decentralization.
Sure bitcoin is the first decentralized model that solved the problems we had earlier and no one can tell that there wont be a better technology that emerges in the mean time,either way it wont die away like yahoo did for sure because it is a currency and yahoo was not. 
Interesting topic and people should be aware of this!
Yes, it is possible. Like any other business, Bitcoin could end up like Yahoo because of the other competitors that may rise. In the case of Yahoo, it is Google that destroyed them. In Bitcoin, it may be the most famous and most used cryptocurrency, in time it is possible that another cryptocurrency will be the next hit which will depreciate dramatically the users of Bitcoin.
However, although this is possible, Bitcoin can avoid this risk by having continuous improvement. It must unsure that the system will continue on doing good and that it is being improved in every aspect that it can.
Yes, it is possible. Like any other business, Bitcoin could end up like Yahoo because of the other competitors that may rise. In the case of Yahoo, it is Google that destroyed them. In Bitcoin, it may be the most famous and most used cryptocurrency, in time it is possible that another cryptocurrency will be the next hit which will depreciate dramatically the users of Bitcoin.
However, although this is possible, Bitcoin can avoid this risk by having continuous improvement. It must unsure that the system will continue on doing good and that it is being improved in every aspect that it can.
Yes , there is always a chance for that to happen. Yahoo was considered the best search engine in the past . But now Google has taken over yahoo. Bitcoin is also the best right now but it can be replaced by ethereum or any other crypto currency. But for that to happen it will take a lot of years because Bitcoin is growing over the years.
Anything is possible so it's a yes, if and only if, the management team behind bitcoin feels overconfident. Overconfidence, in the business world, is arrogance. It results to bankruptcy.
Any business is unpredictable. The success rate always fluctuates. If bitcoin focuses too much on making hasty decisions inside their own kingdom, ethereum might overtake them without them knowing. Yahoo is a was to Google now just like My Space to Facebook.
Never count Bitcoin out. It's still a growing supernova, right?
Any business is unpredictable. The success rate always fluctuates. If bitcoin focuses too much on making hasty decisions inside their own kingdom, ethereum might overtake them without them knowing. Yahoo is a was to Google now just like My Space to Facebook.
Never count Bitcoin out. It's still a growing supernova, right?
I had not thought about it much, but as soon as I saw your thread I looked up the stock price for Yahoo. It closed yesterday at $48 per share. I think that Yahoo, while you may have picked it for a different reason is a really good example about future Bitcoin. Most people talk about Yahoo in reference to a failed business, how Yahoo has a search engine started out at the same time as many others and is virtually gone.
There have actually be various of different crypto currencies invented in the 1990s and 2000s that failed due to them all having a centralized model. Bitcoin is the first coin to solve this problem of decentralization.
I think anything is possible. With this new BCC currency who knows what could happen. If Bitcoin continues to have issues with forking maybe another coin will replace it. Bitcoin 2 !! xD It would be the next Bitcoin really.
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.
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.
Yahoo was neglected. In Poland, yahoo has never been popular, even in the beginning. Potential damage. BTC is very long in 1 place. Just look at the price. Total Market Cap: BTC = $ 44,385,969,960 and ETH = $ 20,232,690,613
i think i will be positive thinking about cryptocurrency especially with bitcoin. in future, cryptocurrency will give a good influence to all people around the world so they know that cryptocurrency can be used for many purpose. and if we are talking with big company like yahoo, google, facebook, and the other, maybe in future, yahoo will get good affect of cryptocurrency too.
I can't see the ground to compare these two. Bitcoin is a cryptocurrency and how will develope, how much will it be worth, acceped etc. depends on totaly different conditions then those which affected Yahoo and I can't see the connection. Future can't be predicted but Bitcoin has all good starting points to be more and more successful in the future and to become a currency that everyone will have and do business with.
the great question is not whether bitcoin has failed, but whether bitcoin will fulfill satoshi's vision. the dash digital cash is the anonymous evolution of bitcoin, then we should ask, bitcoin vs dash: which will fulfill satoshi’s vision?
Indeed bitcoin does not fail, but this seems far from what satoshi expect,Now like there is chaos in bitcoin, especially with the addition of BCH, which may be a mess that will be received by us bitcoin users,
Yeah, I think Yahoo and Bitcoin have same similiarity, early birth people underestimate about them. But time will tell what happen because they are pionier and have superiority in market. But I still don't see the "competitor" show up in next couple years.
A real competitor will be hard to come by because Bitcoin has already established some acceptances by people and countries. But if a coin, such as Litecoin for example, which can process transactions quickly and with very low fees (and allows very low cost microtransactions), it may also starts to gain acceptance. Once that happened, Bitcoin may be replaced partially or mostly (but probably not complete).
By the way, thank you for writing your first post on this thread.
I do not know how the future of bitcoin is, but I do not think it would be like a dead yahoo left by its customers, I still believe that bitcoin will get better in its future and have the best future.
the great question is not whether bitcoin has failed, but whether bitcoin will fulfill satoshi's vision. the dash digital cash is the anonymous evolution of bitcoin, then we should ask, bitcoin vs dash: which will fulfill satoshi’s vision?
Indeed bitcoin does not fail, but this seems far from what satoshi expect,Now like there is chaos in bitcoin, especially with the addition of BCH, which may be a mess that will be received by us bitcoin users,
Could possibly happen since more and more people are supporting alts that has added features from bitcoin. Also, big companies are eyeing these alts and are integrating them into their services just like bitcoin. It's just a matter of which coin does the public supports and it could go anywhere from there.
But in the next 20 or so years, I don't think bitcoin would have some serious competition, not even ETH.
But in the next 20 or so years, I don't think bitcoin would have some serious competition, not even ETH.
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 bitcoin would end up like yahoo because bitcoin has a lot of difference compared to yahoo. Bitcoin is more powerful than yahoo yet, it has more supporter hence, it will never obsolescent. Yeah though some coins are failed but bitcoin is different from them. Therefore, bitcoin would never be end up like 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.
Yahoo was never a real search engine, it was an "indexer" which was all the rage back in 1995. Search function is more of an after thought. Before Google arrived at the scene, the common wisdom was "Who needs search? search can't make money".
Yahoo's search technology gotten so bad, that it had to buy another company called "Overture" to save their search function and compete with Google. Then later Yahoo just gave up developing inhouse search engine, and sold out to Bing.com, now it just uses Bing.com for search results.
Yahoo's search technology gotten so bad, that it had to buy another company called "Overture" to save their search function and compete with Google. Then later Yahoo just gave up developing inhouse search engine, and sold out to Bing.com, now it just uses Bing.com for search results.
The problem experienced by yahoo is too quickly satisfied and feel comfortable when become the king of search engines and maill, they forget to continue developing their system and eventually lost to their strong competitors, it also happens on symbian os devices owned by nokia, If bitcoin is not see the ethereum development and look for stronger innovation then of course bitcoin will end like yahoo.
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 bitcoin would end up like yahoo because bitcoin has a lot of difference compared to yahoo. Bitcoin is more powerful than yahoo yet, it has more supporter hence, it will never obsolescent. Yeah though some coins are failed but bitcoin is different from them. Therefore, bitcoin would never be end up like 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.
Yahoo was never a real search engine, it was an "indexer" which was all the rage back in 1995. Search function is more of an after thought. Before Google arrived at the scene, the common wisdom was "Who needs search? search can't make money".
Yahoo's search technology gotten so bad, that it had to buy another company called "Overture" to save their search function and compete with Google. Then later Yahoo just gave up developing inhouse search engine, and sold out to Bing.com, now it just uses Bing.com for search results.
Yahoo's search technology gotten so bad, that it had to buy another company called "Overture" to save their search function and compete with Google. Then later Yahoo just gave up developing inhouse search engine, and sold out to Bing.com, now it just uses Bing.com for search results.
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