Will altcoins eventually make Bitcoin obsolete?

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Just wondering how Bitcoin can compete with other digital currencies in the long term, when crypto currencies are still just starting out and there are already a lot of altcoins that have built on and improved Bitcoin's model.

What happens when something that's easier, cheaper, and more convenient to use catches on?

Bitcoin had the advantage of being first, but I'm not sure that guarantees long term success.

submitted by /u/RefugeeDormin
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1 CRYPTO

Crypto News & ICO Reviews

1 News - 247 News - 247 Bitcoin - 1 Search

BTC - BCH - ETH - LITE - XRP

Buy Sell Trade Crypto Here

 

Ticker

1 BTC = $42418.85 USD  (via Coinbase)
1 ETH = $2902.06 USD  (via Coinbase)
1 LTC = $152.97 USD  (via Coinbase)
Quotes delayed up to 2 minutes.

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