Post
Topic
Board Bitcoin Discussion
Re: Will Bitcoin be replaced by another cryptocurrency?
by
Zadicar
on 02/01/2017, 19:04:48 UTC
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.
I could see that bitcoin has the features on which people couldnt ask for more and i dont think any flaws that bitcoin had.Things on this world could possibly be replaced anytime and theres no really permanent on this world.Yes,bitcoin could be replaced anytime but seeing on the situation bitcoin still has the edge to remain its place for a long time.
Bitcoin, as a way of storing value, in fact does not present flaws that compromise its use. But there are some things that need to be improved if the currency wants to reach the mainstream.
One of them is the scaling issue. The number of people using the platform may be a limited number at the moment, but that number may grow absurdly. Another problem, at least for some users, is the confirmation time. It would not be a problem if the network did not present delays sometimes.
Confirmation times wouldnt change at all and the more users who engage to bitcoin then transaction will surely pile up and expected longer confirmation times which is somehow a hassle thing when this thing would happen in the future when adoption fully extent to its peak.