naaaaaa . bitcoin cant replace by any other cryptocurrency . if ever they can replace bitcoin , its ok bitcoin has done to it .
IMO, in future there is a strong chance that Bitcoin will be replaced with a technologically advanced crypto-currency. Bitcoin has a lot of advantages, but at the same time, it is having a few issues as well. In future, if a new crypto-currency is capable of avoiding these issues, then there is a good chance that it will replace Bitcoin.
yeah , you said true . I also found some disadvantage in Bitcoin bitcoin . That is confirmation system . There should be some rules like if we are not getting confirmation , but we send/receive bitcoin easily .
So if such type of things will not fix in the bitcoin , then may be it is possible that any new Coin came in the market and effect the Bitcoin position lot
Those issue has been already talked about, sure its a problem that the confirmations takes a bit time to make the transaction, something that some altcoins has it as instant, but the security at bitcoin its very high. I do believe its possible to reduce those period to 1 minute or less, but some changes must be done at those point. Bitcoin wont be replaced by any other currencie, atleast not now, even with some issues to handle it keeps in the control, the last year week just showed that people trust into bitcoin and wanna it.