Topic: Would Bitcoin ending up like Yahoo in the future? - page 25. (Read 13089 times)
I believe that the only permanent in this world is change so I think bitcoin being the top cryptocurrency will eventually replaced by another altcoin. This may take sometime but the change is inevitable. We have seen several cryptocurrency that have more advance feature than Bitcoin in terms of speed and security. It is just a matter of time. The effect of being first mover to decentralized blockchain had not faded yet but if it does then we can see a change of rankings among cryptocurrency.
As what we witnessing right now. Bitcoin are drastically gaining popular to almost every part of this world. What we could imagine. It would be highly acceptable in near future in every business transactions.
Possible 5 to 6 years the prime bases of every business transactions would be a bitcoin.
Every countries wealthy would be bitcoin.
It just a fruit of my imagination
Possible 5 to 6 years the prime bases of every business transactions would be a bitcoin.
Every countries wealthy would be bitcoin.
It just a fruit of my imagination
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.
This is the worst comparison I have ever seen, bitcoin and yahoo is not the same, it does not have anything in common. Bitcoin is a world-wide favorite.
May be because people might stop getting profit from bitcoin or they are having loss. Or may be some other strong competitor come across bitcoin who provides more profit to people and people start investing in it. You never know. Anything can happen. It's so early to say anything.
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.
So Bitcoin won't be bought by anyone or any company, but basically, its idea about an online currency is being copied and you know, the first place of Bitcoin is being replaced by other Altcoins.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 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.
It's possible for an altcoin to eventually overtake Bitcoin. Bitcoin started out with an advantage because it was the first and is the most well known. But I've noticed recently that coins like zcash and Etherium are closing the gap a little. I could see another coin eventually becoming more valuable.
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 think it is not easy for bitcoin to disappear like yahoo in the future because now bitcoin is a trend then in the future it will probably grow and spread around the world. 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 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.
So Bitcoin won't be bought by anyone or any company, but basically, its idea about an online currency is being copied and you know, the first place of Bitcoin is being replaced by other Altcoins. 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 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.
This is the worst comparison I have ever seen, bitcoin and yahoo is not the same, it does not have anything in common. Bitcoin is a world-wide favorite.
Bitcoin IS the most innovative AND consistent cryptocurrency right now, There are interesting concept like KMD, ETH and the like but all of them are filled with their own bugs and weaknesses, Like the ETH and ETC and the recent issue with transactions, I believe bitcoin is fundamentally better than these other altcoins.
I guess, yahoo is a very popular search engine, until finally google appears and people start to use google and finally fall in love with Google, this happens of course because each person has a reason why they choose it. For example searching on google is easier and more centralized. But I hope the same fate does not happen to bitcoin, because now more and more people are familiar with and join to bitcoin then it will maintain the existence of bitcoin. Although it is not a guarantee, but I always believe bitcoin will continue to grow bigger and bigger.
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.
This definitely could happen no doubt, but the thing about bitcoin that differentiates it from other alt coins is that it is decentralised, plus Yahoo made heaps of mistakes, search was enough, but they then went on to expand and failed miserably. They had good offer for their company, but they refused to sell until they were first to. There have been other cryptocurrencies before bitcoin also, but they all flopped. Maybe in the future we will see other alt coins that have newer features and maybe then bitcoin will be overthrown. Let's hope that bitcoin doesn't make as much mistakes as Yahoo, and we will definitely be fine for 10 to 20 years.
Two completely opposite things: Yahoo made way too many mistakes on their part - failing to keep up with the technological advancements, and once realized the mistake, refusing to sell when the offer was right. On the other hand, Bitcoin is seemingly run by smart people which is the main reason why it's leading the race with such a large margin. To put in a nutshell, Bitcoin is there to stay and won't fade away like Yahoo did IMO.
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.
1. Yahoo was not the first search engine.
2. Yahoo had some real bad executive decisions made that ensured their company would go bust.
3. People didn't need to put trust into a search engine, thus meaning that they can switch search engines easily without worrying about financial losses.
Bitcoin on the other hand, is the first cryptocurrency. It is decentralized which means that nobody is able to inflate the monetary base and make the same mistakes governments make. ALtcoins won't replace bitcoin, because people have trust in bitcoin. Altcoin ICOs are purely for profit, but bitcoin is not. I can only see bitcoin growing at an exponential rate every single halving, instead of it ending up like Yahoo.
I do not think bitcoin will end up like that. We can hardly predict the future. If bitrates have extensive promotion campaigns, scale up, bitcoin will be firmly positioned to become an easily circulated currency. Surely the bitcoin will grow
I have been thinking a lot about this. What is the likelihood there WON'T come a coin with better technology, a cooler name (although I must admit, Bitcoin is pretty cool... so is Yahoo...), easier to get started with... I don't know. At the same time, We are still at the beginning of the crypto bubble, so to speak. Most of the world has never heard of cryptocurrencies, whereas in the late 90's almost everyone had at least used the internet. Therefore, I think it will be a long while (at least a few years) before something like this could happen.
Then again we are already seeing it in some ways with coins like Ethereum, so really you just never know.
The technology will need to be so superior, it will need to be such an improvement that it will need to be a no brainier to get to this new coin, and it is difficult to see if any coin really has the necessary technology at the moment to say it is way better than anything that bitcoin can offer at the moment. Then again we are already seeing it in some ways with coins like Ethereum, so really you just never know.
You guys are really pesimistic. If you see bitcoin like yahoo, there is sorthing vitan you miss obviously. Bitcoin's story is much different than yahoo's destiny.
Bitcoin already facing so many problems so yes the possibility can not be denied. It may be replaced by eth or some other coin which has better technology and is user friendly. After all it's the best technology which stays in the market for long so whichever coin has superior technology and is fool proof or has less flaws will rule the world.
If i say that Donald trump got a cancer and he will soon say that he is going to retire.Is it possible? Like that if bitcoin is facing problems so it does not mean that bitcoin will end up. Bitcoin will improve their technology even will become more stronger then present.so this is the way which will improve bitcoin.
The relationship between the two is only being a leader at an industry at a time, I don't see bitcoin having any other relationship with Yahoo, which is a privately operated company with very low efficiency, Bitcoin is the leading cryptocurrency and the current ETH HYIP showed that even more, with the instability of other altcoins.
It may very well end up like yahoo. Its the first to be adopted but will soon be taken over by more advance competitors with real use for it to have value.
I don't think so, the market perception of bitcoin is totally different than the example you explained above. Bitcoin became like a fiat currency of crypto markets.
It may very well end up like yahoo. Its the first to be adopted but will soon be taken over by more advance competitors with real use for it to have value.
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