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Author Topic: Will BTC be replaced by a new one someday?  (Read 11186 times)

Offline Manna

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Re: Will BTC be replaced by a new one someday?
« Reply #120 on: August 16, 2024, 01:40:45 PM »
Well, who can't tell really. IMO, it will be unlikely, considering Bitcoin has the strongest network security that is unlikely to change considering how many prefer PoS or something similar nowadays. Not to mention being the first crypto will always make Bitcoin look more valuable, with its scarce supply, etc. A new coin would need to offer more or less the same thing, and with how crowded the space is, that seems unlikely. Even if it no longer holds the 1st spot on market cap websites, no one would throw Bitcoin away if the network is still running properly.
Your opinion suggests that you are positive about the future of Bitcoin.  Bitcoin's security, stability, and its status as the first cryptocurrency put it in a strong position compared to other cryptos.  Due to Bitcoin's scarcity (supply) and being the largest network, it still has the power to hold the top spot in the crypto market.
 While many prefer PoS (Proof of Stake) or other methods, Bitcoin's PoW (Proof of Work) model is critical to maintaining its strong network security and stability.  And even if Bitcoin loses the top spot in terms of market cap, it won't lose its market due to the stability and reliability of its network.

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Re: Will BTC be replaced by a new one someday?
« Reply #120 on: August 16, 2024, 01:40:45 PM »

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Offline Wiseman

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Re: Will BTC be replaced by a new one someday?
« Reply #121 on: August 16, 2024, 02:44:53 PM »
Is Bitcoin able to survive like gold??? Or will it soon be replaced with a new one?

Neither gold nor bitcoin can be replaced by anyone, these are 2 assets that will always be considered the most stable and reliable, but to show growth in %, I think that this is quite expected and we are already seeing this, all people also want to get super profits like those who bought bitcoin for $100 and after 3-5 years sold it for $10,000, which is already unrealistic to get by buying bitcoin now, but to get profit from some new daring projects is quite real.

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Re: Will BTC be replaced by a new one someday?
« Reply #121 on: August 16, 2024, 02:44:53 PM »

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Offline bounceback

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Re: Will BTC be replaced by a new one someday?
« Reply #122 on: August 16, 2024, 03:08:12 PM »
In my opinion have possibility with bitcoin be replace by new one one day later, we can't predicting what happen in the future and how most influence countries giving bad impact to make bitcoin get lower valuable. But for several years later seems difficult behind bitcoin keep increasing to higher price and most influence people investing much money in bitcoin.
Currently still not find any right replacement for bitcoin behind many kinds of digital currency but bitcoin still the best transaction with decentralize and give us most faster transaction of currency than the other. Don't scare for ten years later seems still not any new currency will be replace for bitcoin and seems our investing in bitcoin keep secure.

Offline rizqillah

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Re: Will BTC be replaced by a new one someday?
« Reply #123 on: August 16, 2024, 04:58:47 PM »
In my opinion have possibility with bitcoin be replace by new one one day later, we can't predicting what happen in the future and how most influence countries giving bad impact to make bitcoin get lower valuable. But for several years later seems difficult behind bitcoin keep increasing to higher price and most influence people investing much money in bitcoin.
Currently still not find any right replacement for bitcoin behind many kinds of digital currency but bitcoin still the best transaction with decentralize and give us most faster transaction of currency than the other. Don't scare for ten years later seems still not any new currency will be replace for bitcoin and seems our investing in bitcoin keep secure.
As I predicted until the next ten years it seems there is no coin that can replace bitcoin, although everything can happen in the crypto world. But until now it seems there is no coin that is as strong as bitcoin. so our chance to hold bitcoin is still long and don't have any worries about bitcoin being worthless, because with limited stock the price of bitcoin will remain expensive.

Offline Hisbullah

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Re: Will BTC be replaced by a new one someday?
« Reply #124 on: August 28, 2024, 05:40:35 PM »
Is Bitcoin able to survive like gold??? Or will it soon be replaced with a new one?

Neither gold nor bitcoin can be replaced by anyone, these are 2 assets that will always be considered the most stable and reliable, but to show growth in %, I think that this is quite expected and we are already seeing this, all people also want to get super profits like those who bought bitcoin for $100 and after 3-5 years sold it for $10,000, which is already unrealistic to get by buying bitcoin now, but to get profit from some new daring projects is quite real.
Bitcoin and gold are indeed irreplaceable because both have their own lovers. But if they want to learn about crypto and have felt the benefits that will be gained from bitcoin compared to spending capital to buy gold, of course the benefits of bitcoin are greater.
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Offline Gurujebs

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Re: Will BTC be replaced by a new one someday?
« Reply #125 on: August 28, 2024, 05:56:18 PM »
Bitcoin and gold are indeed irreplaceable because both have their own lovers. But if they want to learn about crypto and have felt the benefits that will be gained from bitcoin compared to spending capital to buy gold, of course the benefits of bitcoin are greater.

Gold has its own benefits too if you look deep into it. No way an asset can be valued that much in trillion and withouts it's advantages. Gold is the only asset to ever exist that doesn't have haters, even people in crypto or people that have Bitcoin will gladly accepted it if given and the same way Bitcoin will be gladly accepted by Gold lovers.

What I just observed between these two is that each of their holders are given credit to their investment and they will say their own side of the story to favour their investment. Look at Warren Buffet for instance, he doesn't says good about Bitcoin because he wasn't lucky to buy it when they were low. If he had the advantage, he will never give up on Bitcoin.
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Offline dekafee79

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Re: Will BTC be replaced by a new one someday?
« Reply #126 on: August 29, 2024, 10:42:33 PM »
Bitcoin and gold are indeed irreplaceable because both have their own lovers. But if they want to learn about crypto and have felt the benefits that will be gained from bitcoin compared to spending capital to buy gold, of course the benefits of bitcoin are greater.

Gold has its own benefits too if you look deep into it. No way an asset can be valued that much in trillion and withouts it's advantages. Gold is the only asset to ever exist that doesn't have haters, even people in crypto or people that have Bitcoin will gladly accepted it if given and the same way Bitcoin will be gladly accepted by Gold lovers.

What I just observed between these two is that each of their holders are given credit to their investment and they will say their own side of the story to favour their investment. Look at Warren Buffet for instance, he doesn't says good about Bitcoin because he wasn't lucky to buy it when they were low. If he had the advantage, he will never give up on Bitcoin.
Gold is a good investment for the older generation, but bitcoin is a good crypto asset for the younger generation. Although gold has no haters, I see the younger generation preferring volatile bitcoin because they want greater returns than gold. Every generation has different understandings and desires, that's my opinion.

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Re: Will BTC be replaced by a new one someday?
« Reply #126 on: August 29, 2024, 10:42:33 PM »


Offline legend45

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Re: Will BTC be replaced by a new one someday?
« Reply #127 on: August 30, 2024, 08:14:51 AM »
Bitcoin and gold are indeed irreplaceable because both have their own lovers. But if they want to learn about crypto and have felt the benefits that will be gained from bitcoin compared to spending capital to buy gold, of course the benefits of bitcoin are greater.

Gold has its own benefits too if you look deep into it. No way an asset can be valued that much in trillion and withouts it's advantages. Gold is the only asset to ever exist that doesn't have haters, even people in crypto or people that have Bitcoin will gladly accepted it if given and the same way Bitcoin will be gladly accepted by Gold lovers.

What I just observed between these two is that each of their holders are given credit to their investment and they will say their own side of the story to favour their investment. Look at Warren Buffet for instance, he doesn't says good about Bitcoin because he wasn't lucky to buy it when they were low. If he had the advantage, he will never give up on Bitcoin.
Gold is a good investment for the older generation, but bitcoin is a good crypto asset for the younger generation. Although gold has no haters, I see the younger generation preferring volatile bitcoin because they want greater returns than gold. Every generation has different understandings and desires, that's my opinion.
Actually I agree more if we have big capital, we can buy both. Gold and bitcoin are good investments. Gold is more stable for investment and bitcoin is more profitable, although if we talk about the risk, bitcoin has a bigger risk.
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Re: Will BTC be replaced by a new one someday?
« Reply #128 on: August 30, 2024, 07:13:52 PM »
In my opinion, BTC will survive its popularity, considering that BTC has very good security compared to traditional currency or gold stored in safes. .and people in the future will probably move from traditional currencies to digital currencies like BTC. slowly but surely BTC will dominate the currency market in the future
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Re: Will BTC be replaced by a new one someday?
« Reply #129 on: August 30, 2024, 07:43:48 PM »
As long as advanced technology continues to exist in the world, Bitcoin will continue to grow in popularity. That is, with the destruction of technology may come the destruction of Bitcoin. Because, Bitcoin is completely dependent on technology. I don't think the technology is very likely to be destroyed.
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Re: Will BTC be replaced by a new one someday?
« Reply #130 on: September 03, 2024, 03:16:34 AM »
We can see that bitcoin is one of the best strong crypto in cryptocurrency market. Because we know trade or investment in bitcoin that's all very preferred for us. Another we saw that gold is also a very prefer for some people. But if we compared in bitcoin or gold, i told that bitcoin is also most prefer for us. So i believe that bitcoin is the best strong crypto in cryptocurrency world and which is familiar in the World, so replacement in new one is not prefer for crypto market.
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Re: Will BTC be replaced by a new one someday?
« Reply #131 on: September 05, 2024, 01:31:54 AM »
Bitcoin being replaced someday is one of the impossible things to highly think of. Thinking about the unique features that surround Bitcoin, it can be impossible for any coin to be launched and have the minds of global investors fully trust it like Bitcoin.

There are other existing top coins; what we can think of is for new coins to have them replaced in the future. We should think about the possibilities of those top coins to be replaced not Bitcoin which is being decentralized and has a limited supply (21million}

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Re: Will BTC be replaced by a new one someday?
« Reply #132 on: September 05, 2024, 02:50:24 AM »
Bitcoin being replaced someday is one of the impossible things to highly think of. Thinking about the unique features that surround Bitcoin, it can be impossible for any coin to be launched and have the minds of global investors fully trust it like Bitcoin.

There are other existing top coins; what we can think of is for new coins to have them replaced in the future. We should think about the possibilities of those top coins to be replaced not Bitcoin which is being decentralized and has a limited supply (21million}
It seems that in the next ten years, bitcoin will not be replaced by other top coins. If we look at the top coins currently, they do not have the popularity and trust of investors like bitcoin. But anything can happen in the future, although currently there are no coins that have the potential to replace bitcoin in the future. I read a lot of member comments about predictions of bitcoin replacement coins, but it seems like there are none yet

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Re: Will BTC be replaced by a new one someday?
« Reply #133 on: September 05, 2024, 06:26:03 AM »
It seems that in the next ten years, bitcoin will not be replaced by other top coins. If we look at the top coins currently, they do not have the popularity and trust of investors like bitcoin.
we need to understand that bitcoin was not built in one night it wasn’t successful immediately and until now it is still on its way to soar bitcoin basically had a 14 year head start and a lot of projects would need to catch up to that which would be very difficult

bitcoin is definitely here to stay no matter how much new advancements get launched i think bitcoin has cemented its name to the world already in the future us who already knows about bitcoin and is holding bitcoin certainly will reap many rewards

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Re: Will BTC be replaced by a new one someday?
« Reply #134 on: September 05, 2024, 08:33:29 AM »
It seems that in the next ten years, bitcoin will not be replaced by other top coins. If we look at the top coins currently, they do not have the popularity and trust of investors like bitcoin. But anything can happen in the future, although currently there are no coins that have the potential to replace bitcoin in the future. I read a lot of member comments about predictions of bitcoin replacement coins, but it seems like there are none yet
For now, no one has thought about the future of Bitcoin's replacement, because if we compare all the coins that come from the cryptocurrency ecosystem, Bitcoin is indeed unmatched... in the future we don't know yet, whether there is something that will succeed in becoming the next level of bitcoin or not...

As we know, technology is always being updated and updated. So, it could be that in the future there will be something that is more threatening to the existence of Bitcoin that does not come from the cryptocurrency ecosystem.. we don't know before that time actually arrives.

 

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