Do you believe that the value of Bitcoin will be replaced by another coin?

[Kirubel]

As we all know bitcoin is one of the most popular and powerful cryptocurrency and it have high price value compared to other cryptocurrency's, but the question is that do you ever think that there will be another cryptocurrency that will replace or overcome bitcoin?

 

[eLdavis]

I believe it might be possible one day, cause from one thing I have seen with crypto currency is that anything is possible, but then again before this can happen it would take time.

 

[Suba]

It is possible that technological advances will enable the creation of new crypto that can replace or overtake Bitcoin, but it will probably take at least the next 10 years. So not in a short time.

 

[Kirubel]

I believe it might be possible one day, cause from one thing I have seen with crypto currency is that anything is possible, but then again before this can happen it would take time.

Indeed, we have seen many things in the cryptocurrency world, we have seen many coins get high value and many have lots their values, so may be in long run there will some coin that will challenge bitcoin.

 

[Kirubel]

It is difficult to forecast the future value of Bitcoin or the emergence of another dominating cryptocurrency. The cryptocurrency environment can be influenced by market factors, technological breakthroughs, and regulatory changes. While new coins may rise to prominence, Bitcoin's established position and recognition make predicting a total replacement difficult. Investors should carefully evaluate market trends as well as the factors that influence specific cryptocurrencies.

That is true it is very difficulty to predict the price of any cryptocurrency, and the price is depends on many things you already mentioned them, and the other thing is that we don't know what will happen on any crypto coins.

 

[Suba]

If we refer to the news and articles spread on the internet, many predict that Bitcoin's position will be replaced by coins that have smart contracts, although this will not happen overnight but will be done gradually over a very, very long period of time.

 

[Kirubel]

Yeah, it will defiantly tale a lots of time to see other coins that will replace bitcoin, bitcoin is the king coin and there are a lots of users in the world so it will not be easy to replace it shortly.

 

[deucher]

I think this will never happen because Bitcoin is 10 steps ahead of any other tokens. This is the most innovative coin and half of the capital belongs to this coin