Post
Topic
Board Bitcoin Discussion
Re: Why hasn't any altcoin replaced bitcoin?
by
Viscore
on 25/09/2019, 22:06:51 UTC
The only way that I see an altcoin replacing bitcoin is when there is a massive prohibition on bitcoin SPECIFICALLY
Oh! I see. I get your point mate. As I think of what you've said, I may say that's a possible way to knock down btc. If we assume that every government of all nation decides to ban the use of btc in their country but allow the remaining alts then it will surely die because the demand will be forcibly lost  And most probably the ending would be ETH reigning as the new king. Well, that's only an assumption and very hard to put in reality so gor now BTC will stay and remain on top Grin.
or if another altcoin surfaces and improves all the areas that bitcoin failed to meet.
It will be the same IMO because of the impression which are engraved in our minds — that alts/token was just made for Pump and Dump. Yeah! They will support it at first, create hype and other stuff but once they are do they'll go back again to the strongest coin in the market.
Honestly, I believe in regards with tech firm, The first always lose just like Facebook beats Friendster. Google beats Yahoo, and many more that is beaten up because of being first.
I agree with you that bitcoin will remain at top for "now". but yeah I think a new crypto will be created that will replace the bitcoin for being top, because bitcoin didn't have a large scale update that will benefit every single user of it.
But who knows! Let's figure it out together and enjoy crypto adaptation into real world Smiley 
Bitcoin is known to be the most profitable coin for now but i think it will still come to its own expiration in time. It will still lose its value because a much better coin will soon to arise and definitely replace its position. But that might happen in an indefinite time. No one can predict exactly when will bitcoin loses its value but for me, as soon as technology keeps on evolving, changes will take place and a new more developed coin will soon be invented.