Would Bitcoin ending up like Yahoo in the future? - page 4.

cloudbleron18

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Quote from: Bitcoin Guy on June 15, 2017, 08:43:36 AM

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.

no its not bitcoin is not have an ending and also bitcoin is not a type of messenger it is a type of currency not like yahoo so bitcoin it not ended like a simple yahoo.

illete

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It happens many popular companies merged with new market leaders but the scenario of Bitcoin is totally different from others it has own decentralized system and huge market capture.If any one dare to overcome Bitcoin must came with latest technology and features which Bitcoin don't possesses.

Portgas ace

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If it does I can't predict because we can't predict the future,but I'm sure Bitcoin will not end up like Yahoo because bitcoin is more popular than Yahoo and bitcoin different with Yahoo,if bitcoin is known as a digital currency that can buy goods, such as items of household tools, while the yohoo just a site that can not pay or buy.

blockchainrider

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Bitcoin will end up like more than google, amazon and apple.

gabmen

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Quote from: CowboyKiller on January 17, 2018, 05:38:42 PM

Quote from: sirkings0003 on January 08, 2018, 08:25:34 PM

Quote from: Bitcoin Guy on June 15, 2017, 08:43:36 AM

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.

That was unfortunate for yahoo. I don't think bitcoin will end same way. Bitcoin has its current challenges and will continue to have new ones from time to time, but the developers are always there to find solutions. Again, the sure thing is that bitcoin may not maintain its leadership forever.

Yes, Bitcoin is also a currency created by the human and the world have set it has a value. Therefore, when the world change to use other currency and think Bitcoin is useless, it will be worthless someday. That is the rule to exist of everything.

There's a big chance it will go the same way with how things stand today. Many alts have better offerings tham btc and i think btc's popularity is what's keeping it's hold at the top. Once people become more aware of crypto itself and not just btc, then we may see a change of power. Probably.

ronremsey25

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From my point of view, as long as Bitcoin has its investors it will remain and will be more develop in the future. Considering that Bitcoin is the main reference of all cryptocurrencies it will unlikely will end. As long the demand rate is high, it will rise and rise it price and will remain at he top. And Because many altcoins are being developed it also affects the development of Bitcoin.

Rainmaker45

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Quote from: Geljames28 on January 08, 2018, 07:40:34 PM

Yes, we dont know what's gonna happen, but hopefully bitcoin will not end like yahoo because its very useful and helps people to transact money easily.

from my observation Btc will for ever remain King of over the rest coins. all that the to put in place is constant upgrading, and creativity and lastly if they can work on the transaction fees then it will never end up like Yahoo.

integrap

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It is a very good thesis. I liked you example. But I dont believe that any altcoin can replace Bitcoin. Bitcoin will be like gold of cryptocurrencies. Marketing was important those years and Google became leader of the market. Yes we can see other altcoin which has better technology than bitcoin but even now we have. Bitcoin was the first and it will stay as leader.

CowboyKiller

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Quote from: sirkings0003 on January 08, 2018, 08:25:34 PM

Quote from: Bitcoin Guy on June 15, 2017, 08:43:36 AM

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.

That was unfortunate for yahoo. I don't think bitcoin will end same way. Bitcoin has its current challenges and will continue to have new ones from time to time, but the developers are always there to find solutions. Again, the sure thing is that bitcoin may not maintain its leadership forever.

Yes, Bitcoin is also a currency created by the human and the world have set it has a value. Therefore, when the world change to use other currency and think Bitcoin is useless, it will be worthless someday. That is the rule to exist of everything.

morsuperuser

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What lies ahead in the future is unknown and impossible to predict. It may or may not happen, depending on what will happen on the upcoming days.

btcformula

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If we talk Crypto market BTC is come first on mind. SO lot's of emotion covered with btc but lot's of serious issue in BTC like high transaction fees, scaling issue ,very low real life use and lot's. Mot impotently except trading we can't see it real life use. Until real life acceptance can't grow any thing. how long speculation can continue

Visbay

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Quote from: xiaohao111 on January 07, 2018, 11:38:22 PM

I think it is very likely, because everything in the future we don't know, what kind of things can happen, might come out a new currency to replace the currency may come out new technologies to be eliminated COINS

We can’t compare bitcoin with yahoo bitcoin is totally different then yahoo and from bitcoin you can earn a lot of money and also you can learn a lot of things about bitcoin because bitcoin is the only hope now a days which can help us and every single countries they want to join bitcoin to change their economy some rich companies have also join bitcoin so demand of bitcoin is going high day by day and it will be survive for ever.

sirkings0003

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Quote from: Bitcoin Guy on June 15, 2017, 08:43:36 AM

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.

That was unfortunate for yahoo. I don't think bitcoin will end same way. Bitcoin has its current challenges and will continue to have new ones from time to time, but the developers are always there to find solutions. Again, the sure thing is that bitcoin may not maintain its leadership forever.

Andalusy

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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.

Ray3z

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Quote from: Bitcoin Guy on June 15, 2017, 08:43:36 AM

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.

Yes of course. Bitcoin can be beated by the other promissing cryptocurrency like etherium for example but it will take long time start now because bitcoin still have high power that can make bitcoin can not be defeated for near time.

Sadlife

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Maybe in the future that might happen some new currency will surpass bitcoin we'll never know what's ahead of us. But i think as long bitcoin keeps improving in it's technology like google it will be there forever for everyone to use as a decentralized mainstream crypto currency. Bitcoin is open source as long as there are people supporting it will continue to be better.

raypinch

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I think yes maybe even worse scenario , I certainly don't like the way it is developing , so my prediction - will finish like yahoo in 6 months.

Rozcobs

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Yahoo I noticed before I made an email account until now because I trust them even to what had happened to them. I am using their free email than any other else. It means inspite of things happened to them even if it is in another owner, they are still standing there. I just give my trust in them, they still have something that I can't explain here. Same with bitcoin I think if something will happen to them somebody will carry back the name for its sake. It will not be banished completely. I think in the future it will stay there even if price will drop because it has changed many people's lives. So for me it will be there to stay existing no matter what happens.

Geljames28

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Yes, we dont know what's gonna happen, but hopefully bitcoin will not end like yahoo because its very useful and helps people to transact money easily.

xiaohao111

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I think it is very likely, because everything in the future we don't know, what kind of things can happen, might come out a new currency to replace the currency may come out new technologies to be eliminated COINS

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