Topic: Alt coins in the next century - page 3. (Read 903 times)
the only reason i could ever think of an altcoin could survive next century is the fact that it got some utility, ethereum is an altcoin and it could survive for many decades into the future because its utility alone already enough to carry the altcoin so if you gonna invest always choose the utility.
Hello everyone, I made my first post here and the words of advice were really touching(maybe it's because I am weak-hearted) and encouraging. Thank you all for making me feel at home.
Now back to my question. My thoughts were that alternative(Alt) coins were created by organizations or developers to serve as a digital currency for their product or service, or improve on the shortcomings of their parent coin. I believed an alt coin with a real purpose was here to stay like Bitcoin.
But reading certain threads made me realize that my thoughts might be flawed and that maybe alt coins are good for making short gains and not long since some analysts believe they are subject to pump and dump. So would like to know
1. What will happen to alt coins when Bitcoin becomes a legal tender? Will they have a massive growth,or would people sell and jump into Bitcoin?
2. What would happen to alt coins when Bitcoin becomes relatively stable( when it is fully mined and will solve its problem of price volatility)? Will alt coins survive the test of time? Will new alt coins be created later? What would become of the various countries'currencies, especially the Dollar (the global reserve currency) after Bitcoin's general acceptance?
3. If alt coins survive in the next century what is the reason it would.
4. Should alt coins be traded rather than HODL?
I hope my questions aren't too many.
Thank you for your time once again.
1. Central banks will not give up their power, to believe so is naive. Now back to my question. My thoughts were that alternative(Alt) coins were created by organizations or developers to serve as a digital currency for their product or service, or improve on the shortcomings of their parent coin. I believed an alt coin with a real purpose was here to stay like Bitcoin.
But reading certain threads made me realize that my thoughts might be flawed and that maybe alt coins are good for making short gains and not long since some analysts believe they are subject to pump and dump. So would like to know
1. What will happen to alt coins when Bitcoin becomes a legal tender? Will they have a massive growth,or would people sell and jump into Bitcoin?
2. What would happen to alt coins when Bitcoin becomes relatively stable( when it is fully mined and will solve its problem of price volatility)? Will alt coins survive the test of time? Will new alt coins be created later? What would become of the various countries'currencies, especially the Dollar (the global reserve currency) after Bitcoin's general acceptance?
3. If alt coins survive in the next century what is the reason it would.
4. Should alt coins be traded rather than HODL?
I hope my questions aren't too many.
Thank you for your time once again.
2. If Bitcoin does not increase in value then miners will abandon the chain and it will fail.
3. Smart contract based altcoins like Polygon and Q Blockchain are like mobile phone operating systems (ios and android) each with their own applications "Dapps". It sounds like you need to research blockchain usecases and how smart contracts work.
4. Altcoins have more upside when trading than BTC but also more risk. You should only HODL projects with real world utility.
If an altcoin survives in the next century, is probably because of the anonymity that it provides because its the most sought characteristics that users around the world since the rise of CBDC.
People will rebel against the governments and will just keep hiding because of the CBDC. Looking further to the future, XMR will have its place or some other privacy coins as well.
Hello everyone, I made my first post here and the words of advice were really touching(maybe it's because I am weak-hearted) and encouraging. Thank you all for making me feel at home.
Now back to my question. My thoughts were that alternative(Alt) coins were created by organizations or developers to serve as a digital currency for their product or service, or improve on the shortcomings of their parent coin. I believed an alt coin with a real purpose was here to stay like Bitcoin.
But reading certain threads made me realize that my thoughts might be flawed and that maybe alt coins are good for making short gains and not long since some analysts believe they are subject to pump and dump. So would like to know
1. What will happen to alt coins when Bitcoin becomes a legal tender? Will they have a massive growth,or would people sell and jump into Bitcoin?
2. What would happen to alt coins when Bitcoin becomes relatively stable( when it is fully mined and will solve its problem of price volatility)? Will alt coins survive the test of time? Will new alt coins be created later? What would become of the various countries'currencies, especially the Dollar (the global reserve currency) after Bitcoin's general acceptance?
3. If alt coins survive in the next century what is the reason it would.
4. Should alt coins be traded rather than HODL?
My answers are based on my personal opinions and speculations.Now back to my question. My thoughts were that alternative(Alt) coins were created by organizations or developers to serve as a digital currency for their product or service, or improve on the shortcomings of their parent coin. I believed an alt coin with a real purpose was here to stay like Bitcoin.
But reading certain threads made me realize that my thoughts might be flawed and that maybe alt coins are good for making short gains and not long since some analysts believe they are subject to pump and dump. So would like to know
1. What will happen to alt coins when Bitcoin becomes a legal tender? Will they have a massive growth,or would people sell and jump into Bitcoin?
2. What would happen to alt coins when Bitcoin becomes relatively stable( when it is fully mined and will solve its problem of price volatility)? Will alt coins survive the test of time? Will new alt coins be created later? What would become of the various countries'currencies, especially the Dollar (the global reserve currency) after Bitcoin's general acceptance?
3. If alt coins survive in the next century what is the reason it would.
4. Should alt coins be traded rather than HODL?
1. I believe that leading altcoins will increase it's price. Most of the altcoins actually can grow in price when bitcoin grows in price. Though it is still a speculation since anything can change for years now. If majority of the country accept bitcoin as a legal tender, Then we can expect prices to soar up as well as majority of altcoins.
2. If bitcoin somehow becomes stable like having a sideways pattern, I think the prices of altcoins will depend on their utility and popularity I guess? and on how the market will value the coin in it's current standing.
3. Their utility, popularity and a good project team. No project will survive if none of those exist in a project.
4. Traded. Majority of the altcoins are just being replaced every bull market, This is factual and I don't expect less popular altcoins to survive multiple bull run IMO.
You have many questions, some of them can only be answered by time. Nonetheless,
Altcoins with actual uses will survive test of time, rest copycats won't but I think we'll still see few doge alikes, existing for sake of laughs and giggles. Alts are created right now, each day every day. I don't see why that would be different in future. Regarding, fiat and Bitcoin/crypto, I see them going hand in hand with more regulations around crypto than right now.
In last 5 years, I've given up lots of $ by holding onto alts, trade them for btc or fiat once in profit. However, do keep in mind some alts that survive test of time and you luckily come across them early on, then holding onto them will surpass any profits you might have imagined. Tho, they are hard to come by and to be noticed. I suggest whatever alt you buy — sell half and ride rest for eternity, either it will die or end up giving huge profit.
Once you see life changing profits, sell all.
2. Will alt coins survive the test of time? Will new alt coins be created later? What would become of the various countries'currencies, especially the Dollar (the global reserve currency) after Bitcoin's general acceptance?
Altcoins with actual uses will survive test of time, rest copycats won't but I think we'll still see few doge alikes, existing for sake of laughs and giggles. Alts are created right now, each day every day. I don't see why that would be different in future. Regarding, fiat and Bitcoin/crypto, I see them going hand in hand with more regulations around crypto than right now.
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4. Should alt coins be traded rather than HODL?
In last 5 years, I've given up lots of $ by holding onto alts, trade them for btc or fiat once in profit. However, do keep in mind some alts that survive test of time and you luckily come across them early on, then holding onto them will surpass any profits you might have imagined. Tho, they are hard to come by and to be noticed. I suggest whatever alt you buy — sell half and ride rest for eternity, either it will die or end up giving huge profit.
Once you see life changing profits, sell all.
Hello everyone, I made my first post here and the words of advice were really touching(maybe it's because I am weak-hearted) and encouraging. Thank you all for making me feel at home.
Now back to my question. My thoughts were that alternative(Alt) coins were created by organizations or developers to serve as a digital currency for their product or service, or improve on the shortcomings of their parent coin. I believed an alt coin with a real purpose was here to stay like Bitcoin.
But reading certain threads made me realize that my thoughts might be flawed and that maybe alt coins are good for making short gains and not long since some analysts believe they are subject to pump and dump. So would like to know
1. What will happen to alt coins when Bitcoin becomes a legal tender? Will they have a massive growth,or would people sell and jump into Bitcoin?
2. What would happen to alt coins when Bitcoin becomes relatively stable( when it is fully mined and will solve its problem of price volatility)? Will alt coins survive the test of time? Will new alt coins be created later? What would become of the various countries'currencies, especially the Dollar (the global reserve currency) after Bitcoin's general acceptance?
3. If alt coins survive in the next century what is the reason it would.
4. Should alt coins be traded rather than HODL?
I hope my questions aren't too many.
Thank you for your time once again.
Now back to my question. My thoughts were that alternative(Alt) coins were created by organizations or developers to serve as a digital currency for their product or service, or improve on the shortcomings of their parent coin. I believed an alt coin with a real purpose was here to stay like Bitcoin.
But reading certain threads made me realize that my thoughts might be flawed and that maybe alt coins are good for making short gains and not long since some analysts believe they are subject to pump and dump. So would like to know
1. What will happen to alt coins when Bitcoin becomes a legal tender? Will they have a massive growth,or would people sell and jump into Bitcoin?
2. What would happen to alt coins when Bitcoin becomes relatively stable( when it is fully mined and will solve its problem of price volatility)? Will alt coins survive the test of time? Will new alt coins be created later? What would become of the various countries'currencies, especially the Dollar (the global reserve currency) after Bitcoin's general acceptance?
3. If alt coins survive in the next century what is the reason it would.
4. Should alt coins be traded rather than HODL?
I hope my questions aren't too many.
Thank you for your time once again.
1. Bitcoin will not be legal tender in most countries. Governments will not give up their power and control over people. If you believe that then you need to read a history book.
2. When Bitcoin stays stable alts pump.
3. Only alts with real world utility like Q Blockchain, NEAR, and 0xMR will survive.
4. Most traders lose money and DeFi users get hacked. The best way to make money while Hodling is staking. Both Q and NEAR can be staked for over 10% APY.
4. Should alt coins be traded rather than HODL?
Yeah, I guess so that most of them should be traded.I agree, because in my opinion some altcoin are better for trading (only certain altcoin are good to hold for the long term), because the risk of investing in altcoin is very big, so if you have made a profit from investing in altcoin, then I suggest you to selling immediately, because if you want to invest for the long term, then you better to hold Bitcoin.
I see some altcoins good for long term trade while the others are ok for scalping, especially those altcoins with a good hype and this is where day traders usually stay. Altcoins are good for long term hold as long as its a good project, start to analyze how its going and see if its the right time to buy or not yet, timing is very important as well.
4. Should alt coins be traded rather than HODL?
Yeah, I guess so that most of them should be traded.I agree, because in my opinion some altcoin are better for trading (only certain altcoin are good to hold for the long term), because the risk of investing in altcoin is very big, so if you have made a profit from investing in altcoin, then I suggest you to selling immediately, because if you want to invest for the long term, then you better to hold Bitcoin.
1. What will happen to alt coins when Bitcoin becomes a legal tender? Will they have a massive growth,or would people sell and jump into Bitcoin?
If bitcoin becomes legal tender of course the price of altcoins will increase. If you take into account in the history of the increase of bitcoin then you will see how altcoins too have appreciated. Talking about bitcoin being legally accepted by all the government that will increase the price of bitcoin and as such since the increase of bitcoin is also proportional to the price increase of altcoins, that will also happen.
lets have this hope mate , because this is what we all wanted to happen , when all the places in the world will accept bitcoin in their merchant.
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i don't see it happening anytime soon but anyway in crypto anything can happen,
indeed when Bitcoin is passed for it then it will make its price go up and followed by altcoins too.
lets not expect so much mate , because time will come but we must do our part and that is? lure every people we knew to invest and have faith in crypto. indeed when Bitcoin is passed for it then it will make its price go up and followed by altcoins too.
1. What will happen to alt coins when Bitcoin becomes a legal tender? Will they have a massive growth,or would people sell and jump into Bitcoin?
If bitcoin becomes legal tender of course the price of altcoins will increase. If you take into account in the history of the increase of bitcoin then you will see how altcoins too have appreciated. Talking about bitcoin being legally accepted by all the government that will increase the price of bitcoin and as such since the increase of bitcoin is also proportional to the price increase of altcoins, that will also happen.
i don't see it happening anytime soon but anyway in crypto anything can happen,
indeed when Bitcoin is passed for it then it will make its price go up and followed by altcoins too.
1. What will happen to alt coins when Bitcoin becomes a legal tender? Will they have a massive growth,or would people sell and jump into Bitcoin?
If bitcoin becomes legal tender of course the price of altcoins will increase. If you take into account in the history of the increase of bitcoin then you will see how altcoins too have appreciated. Talking about bitcoin being legally accepted by all the government that will increase the price of bitcoin and as such since the increase of bitcoin is also proportional to the price increase of altcoins, that will also happen.
the circumstance with altcoin in general will be the same like nowadays, it's always changing position, some altcoin even got delisted and slowly losing their value overtime even in the next century i don't believe current altcoin, majority of it that existed today will ever be the same, so many of them are gonna be switching around position even becoming valued near to zero.
At present the Allor Queens section is progressing very well. But I think if the Bitcoin market is good then definitely the altCoin sections will improve. Crypto currency paid is bitcoin and all the coins after that are altcoins. A review of the taxonomy shows that sit coins are the most improving and the most falling.
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I think that when Bitcoin becomes legal tender, alt coins will experience both growth and volatility. Some people will definitely jump into Bitcoin, but others will stay invested in alt coins that they believe in. It will ultimately depend on the specific alt coin and its use case.
Altcoin may also be considered as legal tender as well. it may not applicable for US but it will be for another country. I meant if we must also realize how bitcoin is always trying to bet even better and better. Usability from altcoins are not greatly impacting the performance from the altcoin itself. As long as bitcoin will able consistently to increase steadily. Altcoin will be facing the same patter like bitcoin. I hope that more countries will consider bitcoin as legal tender. this greatly impacting altcoins.
First you need to understand that this market size is still very small, I see many investors only looking at the current price and forgetting the above fact. And even bitcoin I still see a very small cap, so when this market accepts more things, they will have their own values, with the altcoin environment we will also have applications. use its own financial value. I think you need time to feel more, myself since knowing this market until now I realize the truth that the development as well as the spread in life is more and more. I also agree that some things can be said to be barriers to development, but they are also inevitable for the crypto environment to become stronger.
for the fourth question, it's entirely depends on the fundamental of the altcoin itself if it's got good quality, then holding for long term, which is basically investing, is more better.
i'd say, coin could always retain their value for the next century but the thing is sometime they've lost their fame and their value usually decrease overtime. that's the disadvantage with altcoin in general, they can be replaced by newer coins in the future.
i'd say, coin could always retain their value for the next century but the thing is sometime they've lost their fame and their value usually decrease overtime. that's the disadvantage with altcoin in general, they can be replaced by newer coins in the future.
The term altcoin refers to tens of thousands of coins which are independent from each other so it is not possible to give a general answer regarding their future, some will fail and some will succeed, however the majority of the altcoins will fail for two simple reasons, the first reason is that even if an altcoin is any good there could always appear a new coin which is even better and make the first coin to disappear
I don't think so that they are independent, alts value can be influenced by other bigger alts and alts can also be influenced by BTC. As long as the altcoin has a better purpose, it can get a demand and it can survive for a long time. New coins can have a new function but old alts shouldn't allow to be overtaken by them. They must do something if they want to remain in the crypto world. See ETH? It was among the old alts but its devs are always updating the coin to ensure that it can keep up with the competition. There are so many new alts but they are not successful to overtake ETH. while the second reason altcoins fail is that they were simply a money grab by the developers and they do not care about the long term prospects of their project at all.
They are lucky to grab money but most of them just fail because investors nowadays are now wise. Some can earn money but these are only limited. If only their devs make a serious and useful project, they will have a bigger chance to be recognized and they can earn long term profits. 
As far as I know Bitcoin is already known all over the world, and is accepted in most businesses like a credit card online payment. In addition to that, even in some countries it is recognized as a legal currency like in El Salvador and others.
And if there are other altcoins that are recognized in terms of payment, there are others that are used and some of them are Ethereum, Dogecoin, and Shiba Inu, although bitcoins and altcoins are the same, there is still a risk, so it is higher than altcoins. .
And if there are other altcoins that are recognized in terms of payment, there are others that are used and some of them are Ethereum, Dogecoin, and Shiba Inu, although bitcoins and altcoins are the same, there is still a risk, so it is higher than altcoins. .
Most of altcoins die with time, not here to stay like Bitcoin.
If top altcoins are not strong enough to be survivors, how do you believe in altcoins.
If top altcoins are not strong enough to be survivors, how do you believe in altcoins.
That more than 3300 altcoins that were listed on coingecko in 2021 are already dead again is really very big number. The reason for that was probably that the height of the last bullrun was during 2021 and back then i still remember that crazy meme-coin hype where literally hundreds of meme-coins were created each and every day and of course most of them where dead again within a few days, but a small percentage of them survived longer and made it onto coingecko. Then of course they died too sooner or later.
That being said, i think that there are definitely altcoins out there that are here to stay just as long as Bitcoin itself like Ethereum for example.
Hello everyone, I made my first post here and the words of advice were really touching(maybe it's because I am weak-hearted) and encouraging. Thank you all for making me feel at home.
Now back to my question. My thoughts were that alternative(Alt) coins were created by organizations or developers to serve as a digital currency for their product or service, or improve on the shortcomings of their parent coin. I believed an alt coin with a real purpose was here to stay like Bitcoin.
But reading certain threads made me realize that my thoughts might be flawed and that maybe alt coins are good for making short gains and not long since some analysts believe they are subject to pump and dump. So would like to know
1. What will happen to alt coins when Bitcoin becomes a legal tender? Will they have a massive growth,or would people sell and jump into Bitcoin?
2. What would happen to alt coins when Bitcoin becomes relatively stable( when it is fully mined and will solve its problem of price volatility)? Will alt coins survive the test of time? Will new alt coins be created later? What would become of the various countries'currencies, especially the Dollar (the global reserve currency) after Bitcoin's general acceptance?
3. If alt coins survive in the next century what is the reason it would.
4. Should alt coins be traded rather than HODL?
I hope my questions aren't too many.
Thank you for your time once again.
Now back to my question. My thoughts were that alternative(Alt) coins were created by organizations or developers to serve as a digital currency for their product or service, or improve on the shortcomings of their parent coin. I believed an alt coin with a real purpose was here to stay like Bitcoin.
But reading certain threads made me realize that my thoughts might be flawed and that maybe alt coins are good for making short gains and not long since some analysts believe they are subject to pump and dump. So would like to know
1. What will happen to alt coins when Bitcoin becomes a legal tender? Will they have a massive growth,or would people sell and jump into Bitcoin?
2. What would happen to alt coins when Bitcoin becomes relatively stable( when it is fully mined and will solve its problem of price volatility)? Will alt coins survive the test of time? Will new alt coins be created later? What would become of the various countries'currencies, especially the Dollar (the global reserve currency) after Bitcoin's general acceptance?
3. If alt coins survive in the next century what is the reason it would.
4. Should alt coins be traded rather than HODL?
I hope my questions aren't too many.
Thank you for your time once again.
If bitcoin is used as a legal or legal means of payment, then it is possible that altcoins will also follow Bitcoin's footsteps as happened with Bitcoin or there is even a possibility that altcoins will grow and have real use cases.
if every altcoin developer has an innovation for their altcoin then the altcoin will have a good future and it is impossible to throw it away after they make a profit, of course they will develop the altcoin.
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