Bitcoin and other currencies

Do you think Bitcoin will be overrun by a larger digital currency in the next ten years?

dont think its likely to happen.

I agreed to Zuga. I know not much about it but I feel that Bitcoin is far from being a mainstream currency.

I don't think it will change, for me Bitcoin will stay the larger cryptocurrency

Well..if that's going to happen I don't think that currency has been created yet..I don't see happen with any of the cryptos of an existence now...but 10 years...that's a long period...you never know what the future holds.

Well..if that's going to happen I don't think that currency has been created yet..I don't see happen with any of the cryptos of an existence now...but 10 years...that's a long period...and you never know what the future holds I guess.

10 years is a pretty long period and we can't decide right now that if Bitcoin will overcome Digital currency or not as in future many other currency can be launched and will have more good features than bitcoin and can be more secure as well as most profitable cryptocurrency and easy to trade.

So, I can't say that it will surely gonna replace but yes there is a chance.

Saying bitcoin will remain the top and such is like thinking the first huge grey cellphone from the 70's and 80's would stay the most used phone in the industry. As time passed new ones, better, smaller, faster came in to replace the older ones. It is the same for bitcoin. It is the prototype of a new technology. It will always remain as the first but over time a much better and faster crypto and system will come to life and replace the current one. Actual bitcoin block chain system is extremely limited. Only i believe 6 transactions worldwide per second... The insane transaction fees (unless you don't mind waiting 3 days + to pay lol) a stupid high amount of electricity needed already just for a few thousand people using it reguarly (more have/use bitcoin but they are not all doing transactions everyday). If we were to all use bitcoin as currency tomorrow the system would blow up... plain and simple. Already when the price go up or down fast the entire system overload and come almost to an alt. Most people i read talking about bitcoin have no knowledge whatsoever about technology in general and are self-claimed specialists. Visa, mastercard and other credit cards run thousands of transactions per second... btc 6... The technology and the crypto is fun and new but in a few years we will look back at it the same way we look at a comodore 64. You must be careful as most people promoting bitcoin are big owners of the crypto trying to gather interest in it to make the price of the crypto go up so they can make more money selling them back to you.

Bank and economist talk trash about cryptos because they are worried/scared of this new competition so you have to take some leave some. Same goes the other way around, the crypto fanatics do not talk logic. They want money. They are all over the internet promoting the crypto with the unique intention of making you want to buy them so they can make more money. You will find a lot more treads promoting bitcoin than bashing them because people that don't have interest or dislike it will just not spend time talking or building pages to talk about how they hate it. Only the banks will do. So when you look at it you see tons of "regular people" saying it's amazing and some "evil banks" bashing it giving the impression of david vs goliath giving a better look to cryptos than what they really are. Cryptos are this decade's new gold rush. Everyone in it are in trying to get rich. Buy cryptos hoping to sell for more or create a new one hoping it becomes popular and become rich. To me it's a gigantic casino where people gambling on which crypto will win and nothing else. We must stay realisitic.. we are sending each other line of codes... nothing else. Thinking that one line of code is worth thousands is just funny. We don't even own bitcoins... we just have a code that says we have one... but we dont really have it. Anyway, in my opinion it's just a fun new thing. People got interested because of the opportunity of becoming rich quick but the technology will be taken over by banks and governments and it will become just same as online banking.

Short term it has potential yes, but i can't see a single way how bitcoin could be a solid value in the long term. We'll see but honestly never talked, read or watched anyone thinking it has potential in the long run other than people holding btc hoping to sell them back to you.

Janurary will start Bitcoins 12th year in existence.

Right now it serves as the best store of value, long term.  It should remain relatively stable (compared to other crypto) and It's also the most widely accepted.  However transaction fees and confirmation times are not keeping up with demand.  You can't expect someone to pay a $3 fee and wait 40 minutes to pay for a pizza.

Ethereum is way faster and Bitcoin Cash is way cheaper. (I always use them for gambling when possible, bc moving money around often is part of the fun) I think it will always kind of be like this.  They all started with Bitcoin and just took the idea and adapt it to an issue that they think they can solve better than Bitcoin.  Thousands and thousands of alt coins will come and go, and the best ideas will stick around.

finallyfinally yeah that's usually my point, bitcoin was the prototype of a new thing created from the block chain new technology. Like the first car... it was slow and inefficient but it evolved and new things came out from the technology to what we got now. So the block chain technology itself is awesome but free on google, that's how people created all these new cryptos. So bitcoin, unlike most think, is not a "share" of the block chain technology but just its first product. Therefor thinking bitcoin will run to 1 million and stay forever is completly ludicros especially, as you mentionned, that the fees and confirmation times are completly ridiculous. The fees for trading them also as i was doing my yearly maths to see how my gambling is doing i was in losses but my surprise to receive my btc site report and i had paid like 8000$ in fees total so far, fees to transfer, mark up to sellers and buyers. I couldnt keep bitcoin as with 1k+ in btc i just couldnt sleep as i woke up many times on a 15-20% dip and was cyring lol. But ouch it hurts. So i slowed down a ton with btc. As in fact, i blamed casinos for crazy rip while if i had the 8000$ from transactions i'd be sky high in the sky. So in the end neither me or casinos got the money, it was the in between traders and banks that took no risk. Sad.

I used ecopayz to save on fees as no fee to depo or cash out, but their 15$ fee to cash out to bank and 2-3 days pending like casinos allowing to reverse all the time was just garbage as it ended up looking like monopoly money to me that i could never have lol. So i stopped using them. After 60k in transactions this year on there they contacted me asking why i stopped... i yelled at them their #QYRWHRSWH delays and such are insane and im not going back. They said try again... now it takes 1 day :D . I started to see the economy quickly as i would have always a lil more to continue while with btc i'd be rip. We'll see tho as i have insane difficulty to win anything. I lost 10500$ in 2 months on low bets under 1$ it was nonsense. Then i hit 17275x on jars on 20p for 3.5k ... everyone think im glorious luckbox but this only put me from -10500$ to -7000$ lol for 2 months. Then after everything rips again everywhere like they want to finish me off for good lol. If it wasnt of some well timed crazy roulette all ins, i don't know how i could continue. I lose multiple hundreds in a day doing 20-30$ deposits with bonuses or not doing 30-50p bets and nothing hit. I'll get a casual 300-400x that will be gone next 500 spins... starting to wonder what is my rtp lol.

What i don't get is when i talk to vip managers or else, they always take in the money won on live roulette along with my slots losses to explain it. Like i will lose 2k on slots on 40p straight... completly fraudulent if you ask me... then i'll tilt on roulette deposit 500$ run it up 2k-2.5k cash out. Then complain what is going on with slots and they will say stuff like "you lucky you played so much and break even, you shouldn't complain" .  Well i'll complain about perma 80% rtp all across yes. The live roulette wins should not be taken into account for the slots raw results. If i go in a real casino and lose 500$ on slots then win it back on roulette and return slots, the slots wont nuke themselves to compensate the roulette win... but apparently on line, yes. I play so much everyday and tested is soo often... If i deposit 100$ and play 40p on a slot and go down to 35$.. bet it on roulette on a row win 105$... return to slot... it rips more.. back to 35$ i return on roulette win 105$ again (i did so often many many times i raw insane on roulette, but yeah not always). Then return to same slot and rip even more.. triple again roulette, slot.. to the point i'd run plain 10% rtp steady over 1k+ spins on domnitors low variance game. And it did that everytime. Only thing that seemed to make the slot react was when i would bet on roulette a few then shove it on square + row and hit both ... then i'd return to happy slot for a few then 10% rtp again all year long lol. Ended up telling my streamer friend, either casinos compensate live play or the rtp is completly fraudulent lol. But heh will never know.

No.... for a while thought paper money will be dead, crypto rises, but after president trump talked how bitcoin=not real, .... it will be crazy tho, see it rise fall, up, down, vanish, ..

Scary isnt it... 

Биткоин,конечно первая криптовалюта в мире,но не последняя.Сейчас уже выпускаются тысячи монет на основе этериум-они более быстрые,но при этом биткоин остаётся основной криптовалютой.Я думаю,что крипта никогда не заменит фиатные деньги,но их создание и роль в обществе не стоит недооценивать

@demmi

Please stick to English in this forum. 

I don't think so that bitcoin can be overtaken as it's the first currency who started the trend of digital currencies. It's the first currency who introduced people to digital cryptocurrency. So, it's difficult to overtake bitcoin.

There are many strategies for earning money online, investing in bitcoin is one of them as it has a good future. In the era of digitalization, Bitcoin is introduced as a medium of exchange, and this currency is growing fastly. 

Bitcoin trading is not easy, I would suggest that one should invest in cryptocurrency but be alert of the frauds, just be aware before investing your money anywhere. You'll get many online platforms that can guide you on how and where to invest your money to make a profit. As I have been into bitcoin trading for the past two years, I would suggest you Olymp Trade is one of the best online platforms for bitcoins as the best part of this platform is the security and reliability of the platform. 

TompkinsDebby i am sorry but "investing" is not the right word. Bitcoin doesn't represent a company or a product it's only a line of code. You can speculate or gamble on the value of bitcoin but you don't "invest" same way when you deposit on a casino you don't "invest" in gambling. It's very important to understand the difference as an investment has something of value that is still there even if the price of the share collapse while bitcoin price is only because of the people speculating/gambling on it's value. That means if tomorrow a new thing come out and people give up bitcoin your line of code will be worth 0$.

A common mistake people do is to think that bitcoins represent shares of the block chain technology and bitcoin owners are owners of the block chain but that is completly wrong. Bitcoin is only a product of the block chain, it is not the block chain. The block chain technology is free and available to all online, that's how people could create their own cryptos and thousands of them popped up. Bitcoin was the first product of the block chain technology nothing else. Like the first car it will become obsolete very quick and won't be used as it will be replaced by new/better versions in the future.

Bitcoin is the prototype of cryptos, it was the first and cought the attention of people when price exploded but now it's gone. The only reason bitcoin value is still high is because most people are keeping them hoping it goes back up to 20k+. Most of the bitcoins are not circulating, only a little part is. On top the more we go the more bitcoins are lost so in the long run they will be mostly all gone with no way to recover them. Bitcoin has a tons of flaws and issues, it was the first and that's how we learn, by trying and learn from the mistakes.