Topic: Would Bitcoin ending up like Yahoo in the future? - page 23. (Read 13089 times)
This is not impossible to happen considering there are many altcoins today offering more improvements than the bitcoin blockchain like the most improved etherium I think if bitcoin is yahoo maybe google is etherium.
bitcoin is not a company nor a stock, it is a form of electronic payment system that the company would like to adopt. bitcoin would come to an extinction some day , their are a lot of growing cryptocurrency that would compete the system of bitcoin technology. bitcoin is still not perfect system for cryptocurrency but it is a good basis and model for upcoming cryptocurrency concepts but it can not be a gold standard.
Nobody knows for sure what will happen next in the future, but if I can predict I will say bitcoin will not be the same fate as yahoo, yahoo shut down its service because it went bankrupt because they lost a lot of customers and their customers have gone to google which both are a leading search engine. and on bitcoin I assume bitcoin will not be abandoned by cryptocurrency users although if later etherum can replace bitcoin I think bitcoin will still exist because I think bitcoin is best.
True, its hard to tell what the future has in store for Bitcoin. Yahoo wasn't able to keep up with its competitors. Better search engines and email platforms emerged, so the users opted to abandon yahoo. This could happen to Bitcoin if its users choose not to use it anymore and to abandon it for another coin. But I think that Bitcoin, as the first cryptocurrency, would stay strong as compared to other coins. Other altcoins have advantages which Bitcoin doesn't have but Bitcoin remains to be more popular and used by most crypto-users.
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,
It is Possible but there are many other cryptocurrency waiting in line though like ETH and LTC include the new bitcoin cash right now . might also take it place in time.
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?
how to choose a cryptocurrency to invest?
well, pay attention to coin supply!! for example, the Ether, Zcash, NEM and Monero offer infinite coin supply, i do not trust a cryptocurrency with infinite inflation; on the other hand, the DASH Max Supply is 18,900,000 DASH. a deflationary coin is not a problem at all, a deflationary coin is the best option, i prefer DASH! well, i've already traded all my Bitcoins and other coins for the cryptocurrency called DASH Digital Cash. The Litecoin is just a clone of bitcoin with some variables changed, the Bitcoin network is very slow, many transactions are delayed, and the Bitcoin Cash is a fake fork! On the other hand, the DASH network is the most efficient. Yes! The network of masternodes is the great idea
how to choose a cryptocurrency to invest?
well, pay attention to coin supply!! for example, the Ether, Zcash, NEM and Monero offer infinite coin supply, i do not trust a cryptocurrency with infinite inflation; on the other hand, the DASH Max Supply is 18,900,000 DASH. a deflationary coin is not a problem at all, a deflationary coin is the best option, i prefer DASH! well, i've already traded all my Bitcoins and other coins for the cryptocurrency called DASH Digital Cash. The Litecoin is just a clone of bitcoin with some variables changed, the Bitcoin network is very slow, many transactions are delayed, and the Bitcoin Cash is a fake fork! On the other hand, the DASH network is the most efficient. Yes! The network of masternodes is the great idea
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.
That could happen if the value of other coins will likely to be more reasonable than the value of bitcoin and also if they will result to more attractive and useful to people..but if the demand in bitcoin will continue to grow as well as improvements in using it I think bitcoin will still be top of the line...right now bitcoin head all crypto currency and maybe will still be in that position for so many years
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.
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.
Now that Segwit is locked in and will be implemented next month, Bitcoin needs to implement Lightning Network (or other better scaling technologies) to solve its scaling issue soon. With BCC and other altcoins competing with Bitcoin, it is time for Bitcoin to improve and to make microtransactions possible to regain/keep its territory.
BCC is not really a competitor to bitcoin, BCC is going to fail, it doesn't matter if it has bitcoin on its name it is nothing but a cheap copy of bitcoin that people are not going to support, if a coin wants to be successful then that coin cannot rely only on technology it needs the support of the people and BCC does to have that.I think BCC would not make it too, but I think it might survive in the short run with 1% of Bitcoin's value for a while.
Now that Segwit is locked in and will be implemented next month, Bitcoin needs to implement Lightning Network (or other better scaling technologies) to solve its scaling issue soon. With BCC and other altcoins competing with Bitcoin, it is time for Bitcoin to improve and to make microtransactions possible to regain/keep its territory.
BCC is not really a competitor to bitcoin, BCC is going to fail, it doesn't matter if it has bitcoin on its name it is nothing but a cheap copy of bitcoin that people are not going to support, if a coin wants to be successful then that coin cannot rely only on technology it needs the support of the people and BCC does to have that.I think BCC would not make it too, but I think it might survive in the short run with 1% of Bitcoin's value for a while.
Now that Segwit is locked in and will be implemented next month, Bitcoin needs to implement Lightning Network (or other better scaling technologies) to solve its scaling issue soon. With BCC and other altcoins competing with Bitcoin, it is time for Bitcoin to improve and to make microtransactions possible to regain/keep its territory.
BCC is not really a competitor to bitcoin, BCC is going to fail, it doesn't matter if it has bitcoin on its name it is nothing but a cheap copy of bitcoin that people are not going to support, if a coin wants to be successful then that coin cannot rely only on technology it needs the support of the people and BCC does not have that.
Now that Segwit is locked in and will be implemented next month, Bitcoin needs to implement Lightning Network (or other better scaling technologies) to solve its scaling issue soon. With BCC and other altcoins competing with Bitcoin, it is time for Bitcoin to improve and to make microtransactions possible to regain/keep its territory.
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.
Maybe you're right. Or it will grow and last forever. Yahoo is clearly evident when it was once the world's most flourishing social networking site. But then, more and more social networks appear and more and more users such as Facebook, Twiter, ... so from then on, Yahoo is forgotten and disappears. Bitcoin is like that, more and more Altcoin appear, there are many improvements, more advantages. That will happen
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.
Bitcoin is not like a search engine, trust is very important when it comes to currencies so even if a coin has better technology that does not mean that people are going to accept it and replace bitcoin with it, I think there are only two scenarios in which bitcoin is replaced., a flaw in the code or a limitation on the ability of bitcoin to scale or a coin that is not only a bit better but that is a leagues above bitcoin 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 think the world will have no permanent name unless there is a change. So do not be surprised if someday the old kripto-kardiakda will get more innovative and more advanced features that will take over.
Yahoo is an outlier in my opinion... I dont think bitcoin will follow (neither IS following atm) the same footsteps... Hope not! 
Everything is possible but I do not think it will happen to bitcoin as happened to yahoo .
If nothing catastrophic that will happen in bitcoin then the bitcoin wouldnt be down or dead directly. There are a lot of things that happen to the bitcoin those dumps tes but bitcoin never been touch or dead. There a ton of people saying that bitcoin will be dead soon but bitcoin still stand. Bitcoin is getting stronger and stronger over the years .
Everything is possible but I do not think it will happen to bitcoin as happened to yahoo .
Yahoo was a profit organization directed by poor managers and they failed. I don't see similarity between yahoo and bitcoin. Bitcoin is decentralized and not managed by a group of people. Bitcoin will survive in any bad case.
Yahoo does not innovate in accordance with the era development so that they are eroded by their competitors, yahoo is now sold. If you want to compare bitcoin then compare with google. Bitcoin always innovates and responds to all the criticisms its users ask, bitcoins are at very different levels.
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