Topic: Would Bitcoin ending up like Yahoo in the future? - page 31. (Read 13089 times)
If bitcoin goes the way of yahoo, I suspect it'll be something way better that replaces it--not some shitcoin already in existence. Bitcoin can do everything that any coin already on the market can do and in most cases better. So yeah, it could definitely happen, but as to what would do it. I don't think any of us know that.
Yahoo went down because of the greed and arrogance of its owners. They were wrong in putting too many advertisements on their search engine, and they erred in advocating a mandatory fee for sending the emails. But Bitcoin can't be compared to Yahoo. Obviously the greed is there (from the miners), but till now there is no viable alternative for Bitcoin. All the other alts are riddled with bugs.
bitcoin is going to end up like yahoo or maybe even worse like altavista.
didn't you notice what most of the ICOs are trying to acquire these days? Most of those ICOs are asking for ETH not BTC.
if there will be a time that satoshi nakamoto has to dump his millions of btc, its right now.
And at some point they are going to regret going with that decision, the growth in ETH cannot be maintained it is obviously a bubble and at some point it is going to burst, maybe not today or tomorrow but someday. didn't you notice what most of the ICOs are trying to acquire these days? Most of those ICOs are asking for ETH not BTC.
if there will be a time that satoshi nakamoto has to dump his millions of btc, its right now.
The Yahoo show, has been pretty sad for anyone following it from a while, particularly the huge loss of value in such a short period of time, just because the competition of Google - in the beginning - and now even GduckG, they have ended at the lowest point in the market.
I recall few years ago, when microsoft offered to buy them for around 10 or more times the current price.
I recall few years ago, when microsoft offered to buy them for around 10 or more times the current price.
Everything is possible as we knew that there's a lots of who offer much better service and enhance what bitcoin can bring but in a second thought bitcoin already established his name in terms of popularity and the core behind it would do everything to make sure that it will continue its stardom. Its a matter of time before we can really see its fate.
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 didn't ended up the shares from the CEO did end up but the whole operation of yahoo will continue but under with the management of verizon and will change its brand. They will now try to compete google and facebook with it's marketing. It's like bitcoin won't be dead but it will be upgraded.
Everything could possibly happen with bitcoin and ending up being like Yahoo is no exception. Right now the only solid competition that I could think of is litecoin and not ETH. Yes, it is true that many companies back ETH up, but usage wise who needs smart contracts anyways? Lastly, people need money that can serve as fiat without hurting their brains understanding what are they using.
The rivalry between Bitcoin and Etherium Coins is almost the same as yahoo search engine chronology shifted with google search engine, both using the same system called Block Chain. In this Block Chain system, data recording and transactions are performed on multiple servers that are connected to each other. That way, if there is one server that is damaged, the data can still be accessed on other servers.
What distinguishes Ethereum from Bitcoin is Smart Contract implementation, which allows you to program transactions, before you do it. For example, you can create an arisan program that will automatically move the Ether belonging to each participant to the winner's account each month
Just as the more dynamic google search engine is easier and faster to search for it.
Source: https://en.techinasia.com/ethereum-pesaing-bitcoin
What distinguishes Ethereum from Bitcoin is Smart Contract implementation, which allows you to program transactions, before you do it. For example, you can create an arisan program that will automatically move the Ether belonging to each participant to the winner's account each month
Just as the more dynamic google search engine is easier and faster to search for it.
Source: https://en.techinasia.com/ethereum-pesaing-bitcoin
I don't think bitcoin is getting behind the flock now, the majority of those in cryptocurrencies field mainly use bitcoins, the overall media attention is toward bitcoins, besides, bitcoin developers have already shown quality and good ability to make choices before, even with the current crisis, I think things will work out and bitcoins would continue to be number 1.
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, like anything else, definitely has the potential to go the way of Yahoo and I personally believe that it has a higher chance of going that way since there was never really anything for Bitcoin to learn from, it just had the advantage of being the first crypto and that was mostly it. Every other valued crypto improved upon the concept in some way, and this resulted in a large disparity between what was capable of coming out of Bitcoin and what was capable of these other cryptos. It's not that Bitcoin did anything wrong, it's just that it was a pioneer and someone else might be coming along to do it's job better than it. I personally hope this will not be the case, but it would be interesting to see what would happen with the community if Bitcoin gets beat by something else. 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 going to end up like yahoo or maybe even worse like altavista.
didn't you notice what most of the ICOs are trying to acquire these days? Most of those ICOs are asking for ETH not BTC.
if there will be a time that satoshi nakamoto has to dump his millions of btc, its right now.
didn't you notice what most of the ICOs are trying to acquire these days? Most of those ICOs are asking for ETH not BTC.
if there will be a time that satoshi nakamoto has to dump his millions of btc, its right now.
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.
Oh no I hope not. But it's definitely possible. Who knows? After 5 years an altcoin we've always been ignoring or a new coin will emerge and will be the currency we were hoping bitcoin would be.
I agree, it's possible to happen, that is why it's important to always upgrade the technology or it will become worthless and outdated compared to the other new ones that are being created. But I think it won't be so easy to make BTC fall to another Alt Coin, we are not talking about a search engine, it's a currency, a serious investment that has one main requirement, trust, and no one currency gets trust overnight.
Yes I agree with you, we can't correctly predict the future but we can speculate and per my readings I think it can be possible but not in the near future. If Bitcoin keeps evolving with updated functionality sporadically I think it will be difficult for any other Altcoin or wouldbe Altcoin to beat its competition.
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.
Oh no I hope not. But it's definitely possible. Who knows? After 5 years an altcoin we've always been ignoring or a new coin will emerge and will be the currency we were hoping bitcoin would be.
I agree, it's possible to happen, that is why it's important to always upgrade the technology or it will become worthless and outdated compared to the other new ones that are being created. But I think it won't be so easy to make BTC fall to another Alt Coin, we are not talking about a search engine, it's a currency, a serious investment that has one main requirement, trust, and no one currency gets trust overnight.
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.
Oh no I hope not. But it's definitely possible. Who knows? After 5 years an altcoin we've always been ignoring or a new coin will emerge and will be the currency we were hoping bitcoin would be.
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.
Anything could happen, but I think the analogy is not perfect, Google was a much better product than yahoo, that is why it displaced it, but bitcoin and EHT are two different things, I don’t think that as a currency bitcoin is going to be surpassed anytime soon, but ETH is bringing a lot of attention to itself because of ICO investment. 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 chance to end up with something like that, it seems a little to insane to be able to think about us being able to fall from such a high point of people using it and having a nice high market cap to something that's close to bankruptcy / being sold (in Yahoos case) I guess I have a tough time seeing the link as one is a currency which can't be bought out like a company, and YAHOO in this case.
Maybe an altcoin could compete with BTC but I can't see them having such a major fall like the Yahoo and Google situation where Yahoo kinda just sat around and watched while Google took over. Bitcoin would innovate before something like this is allowed to occur.
Maybe an altcoin could compete with BTC but I can't see them having such a major fall like the Yahoo and Google situation where Yahoo kinda just sat around and watched while Google took over. Bitcoin would innovate before something like this is allowed to occur.
Could very well be the case, but lately things are getting so big that it might nog be gone in the foreseable future. Look at social media networks: they rise and go down in a few years. But lately facebook has become so big that it becomes an exception to that rule, it stays alive for a looong time allready.
No I don't agree with your example since you've manipulated the exact situation for each case. How is the link between innovative bitcoin and yahoo thing?
My concern is that Bitcoin being the first one that came out and there are many other coins that followed after. Some of them, like Ethereum, have improved the technology and solved the speed and scaling issues that Bitcoin is facing now. They benefited from the blockchain from the original blockchain proposed in Satoshi Nakamoto's white paper by making changes. Bitcoin may get beaten down by new competitors. Ethereum, in addition to being a crypto coin, it ofters a platform for people to use their smart contracts. As the demand raised, money will move to it from Bitcoin.
Google has become a better Yahoo because he came up with a different goal to create his own name. They had an excellent marketing which can not be said about Yahoo. But this example is not entirely correct for cryptocurrency. But yes, I agree that bitcoin is so popular only due to the fact that it was the first cryptocurrency and once he gave part of the market other currencies, but it will never be a second plan.
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.
Introducing new and better than the old one does not always come to the point that the old one gets pushed away by the new one. The old one or Bitcoin had already established a good foundation for its future and built a strong reputation for the early adopters and to the new ones. If ever a new one will be introduced that will compete will Bitcoin, I believe that compromise will be done so that Bitcoin will stay on top. Compromise on the side of the developers to improve Bitcoin on how the users wanted to.
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