Quote from: coynedterm on November 28, 2016, 10:48:28 AM

Quote from: Rooster101 on November 17, 2016, 09:25:36 PM

With many new cryptocurrencies sprouting in the net, is it possible that bitcoin can be overtaken as a top digital currency in the future? Is ethereum or other well known cryptocurrencies can be a threat to bitcoin dominance?

In my opinion it is not possible for any old or new cryptocurrency to make Bitcoin useless or overtake the Bitcoin Because the main reason behind this is that every new currency depends upon the Bitcoin rate and its price also so not easy for anyone to overtake Bitcoin .

If you may, you can argue with this,

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There is no permanent in this world but change.

No matter how strong the position of one thing, it is always susceptible to change. For now, yes Bitcoin is very strong and maybe it will have another decade to stay in the top position, but as time pass and technology move forward, there will be one new created crypto currency that will overtake bitcoin. So better take advantage of it while it is trending.