Post
Topic
Board Bitcoin Discussion
Re: Will Bitcoin be replaced by another cryptocurrency?
by
goldcoinminer
on 05/09/2016, 12:41:18 UTC
Does it make sense to believe that Bitcoin could one day be replaced by another cryptocurrency, that is, a cryptocurrency that really does make Bitcoin obsolete?

No this won't happen because bitcoin is already famous world wide and millions of people is using this coin. If it has to be replaced by other coin then only way is  there That is to launch another coin and wait till that coin gets famous like bitcoin.

I think so. The bitcoin is the most popular digital coin now. If there is no big bug in the development, it will stiil be the number one coin.

The popularity of bitcoin is limited to digital world, not everyone knows about bitcoin but when it comes to crypto currency I think bitcoin is the best and it has no competition around.

For the time being, it has no competition. But in the future, it will have some competion. Examples are the Ethereum and Monero.
There will be no competition because they are created with a unique features and people who supported eth may not support monero, one thing for use we will have a variety of choices in the future that can give us more convenience for online transactions.