Topic: Altcoiners, don't give up yet. Bitcoin can't do it alone. (Read 1021 times)
Sometimes it becomes other way around. In the way that sometimes altcoin follows up the % of decrease/increase of Bitcoin. I remember back in the days when I was looking in Coinmarketcap and every coin has a stream of red.
More people are joining crypto space today with one thing in mind, getting rich, they know that its possible through altcoins after seeing what happened in 2017 bullrun, i think altcoins have many investors now than bitcoin, everyone is looking for that gem new project that can turn the tide for good, the truth is few altcoin still got it and they can make this come true, goodluck
Bitcoin and altcoin are both needed in cryptocurrency, there will be no cryptocurrency if there are no new coins that continue to emerge, other than as competition it also becomes an option for everyone to invest in coins that they think are good and can generate profits. And if there was no altcoin, I think bitcoin might still be there but of course the cryptocurrency market would be boring because there is no choice to buy which coins.
in my opinion the cryptocurrency industry will not last long and grow rapidly like now if there is no altcoin. bitcoin is the main coin in the crypto market but bitcoin also needs altcoin to make the crypto market more crowded and has a large trading volume. and with altcoin can be used as a competitor of bitcoin. the presence of competitors will make bitcoin developers continue to try to improve bitcoin technology. if there is no altcoin then I am sure bitcoin will not develop as it is now.
these two years the altcoin market is indeed bad we have to be patient waiting hopefully in the next year the situation of the altcoin market is getting better.
these two years the altcoin market is indeed bad we have to be patient waiting hopefully in the next year the situation of the altcoin market is getting better.
The altcoin industry have lost some big percentage of patronizers due to the poor performance of the market in the recent months, this have cause so many enthusiasts to lose interest in altcoins in general thinking the cryptocurrency industry can do without them. There's no denied the industry can do without most of the present altcoins but cryptocurrency can't survive without altcoins been present in general. No disrespect to Bitcoin as it started the journey but the industry have grown beyond just bitcoin.
The achievement and development ethereum as a blockchain has contributed for the industry, if the industry had just bitcoin it wouldn't had recorded such developments. We can't do without altcoins, they have become a part of the industry. The sooner we realized that, the better the industry becomes. Don't misunderstand this post, I'm not advising against investing in bitcoin or encouraging investing in the present altcoins although, all I'm trying to say is, if you think the altcoin industry is going into exile, think again.
The altcoin industry is only going through a phase which won't kill it and as what doesn't kill you only make you stronger, the altcoin market will come out stronger as the good will be separated from the bad projects although bitcoin will always be a household name. Invests wisely and don't forget the best of the best altcoins are yet to be developed, the current ones I consider them to just be, test dummies, preparing the way for future altcoins.
What's your take on this, do you think the industry can survive without altcoins, that's just bitcoin been the only currency in the industry.
The achievement and development ethereum as a blockchain has contributed for the industry, if the industry had just bitcoin it wouldn't had recorded such developments. We can't do without altcoins, they have become a part of the industry. The sooner we realized that, the better the industry becomes. Don't misunderstand this post, I'm not advising against investing in bitcoin or encouraging investing in the present altcoins although, all I'm trying to say is, if you think the altcoin industry is going into exile, think again.
The altcoin industry is only going through a phase which won't kill it and as what doesn't kill you only make you stronger, the altcoin market will come out stronger as the good will be separated from the bad projects although bitcoin will always be a household name. Invests wisely and don't forget the best of the best altcoins are yet to be developed, the current ones I consider them to just be, test dummies, preparing the way for future altcoins.
What's your take on this, do you think the industry can survive without altcoins, that's just bitcoin been the only currency in the industry.
Bitcoin has undeniably generally better public image than alternative cryptocurrencies. Yet, it is also the case that not everyone prefer to use btc in all online transactions. Bitcoin is great and useful but we cannot monopolize the market because will make the market more dull than it is now. Altcoins gave more dynamic actions in the market than bitcoin.
Nah altcoin is for other use. Or at least that what it is meant to be. You would need altcoins to act as stocks in your companies and things like that. That's what altcoins are supposed to be about. Not a bunch of silliness. Not sure why people even pay any attention to half these shitcoin. Unfortunately, there sr not so many good examples of other currencies working as well as bitcoin or working as worthwhile having stock options.
OP is right because of altcoins the market became very active for the last couple of years while Bitcoin is struggling to go up some alts are doing their best to survive and prove that they belong in this space. I still have a few altcoins that I hold for almost 2 years and I believe that the time for altcoins will come.
It is all about knowing the right alts to hold really, even though btc also needs the presence of alts to flourish not all alts are worthy of this mention, some alts are more like a liability to the market than be any good, although alts gives a better chance to increasing profit i.e if you hold the right ones, so this is a point of importance to investors.
Of course all coins other than BItcoin are altcoin if Bitcoin is the only coin in crypto that is used as the main coin, well the case is there are some disadvantaged altcoins due to intense business competition in crypto of course it's still altcoin but how do we choose a good altcoin that we must pay attention to. 
It is all about knowing the right alts to hold really, even though btc also needs the presence of alts to flourish not all alts are worthy of this mention, some alts are more like a liability to the market than be any good, although alts gives a better chance to increasing profit i.e if you hold the right ones, so this is a point of importance to investors.
I don't think it's possible to spread crypto without altcoins. I agree that it needs time, and i personally going to support it till the end.
Of course altcoin cannot be released from Bitcoin and with altcoin price movements in the market can continue to spin, try if we imagine in the absence of altcoin and only Bitcoin by exchanging currencies such as dollars and other currencies that might be crypto will quickly disappear, that's One my only opinion is sorry if wrong.
I think this is partly due to the fact that the prices of most Altcoins still depend too much on the price of BTC, so every time BTC fluctuations affect the entire market. In the future, when all altcoins have trading pairs with stable coins, I think they will not be as much dependent on BTC as they are now.
Altcoins are causing more frustration for investors because this year more than 90% were wiped out of this market and not attracting new investors is the main reason why these coins can not exist in this market. Currently, there are not many good options for investors so it is best to trust Bitcoin only and should spend all of your assets to invest in this coin.
I don't know when the altcoin season will reappear but it will take a very long time and don't expect too much of this investment.
Maybe it's true that altcoin season will take a long time to recover prices, but i think there are still many people who really hope that altcoin can grow and can get profits for investors who have invested money in altcoin I don't know when the altcoin season will reappear but it will take a very long time and don't expect too much of this investment.
No Bitcoin can't do it alone, it needs the help of other altcoins. But the only issue is that, most altcoins aren't worth it therefore can't be said that they can actually help. Taking a look at the growing number of altcoins and the percentage that really offers value one won't be mistaken for saying they aren't helping but bringing bad names to this space. But nevertheless, we have the likes of ETH, and I believe with more team like that of ETH etc, altcoins will surly help in piloting this space higher.
Bitcoin need support from investor and looking many companies want to adopt bitcoin as legal currency payment for their currency, will give higher price for bitcoin later if have many companies have adopt and legal using bitcoin as currency payment, so far many investor use bitcoin only investment assets and keep bitcoin for trading only, there are not have available using bitcoin for currency payment. 
In my opinion, there will be still many altcoins in the next 2-3 years, but after a while, let's say 10+ years, only the best altcoins with real use cases will stay along with Bitcoin.
Many altcoins will disappear in 6 years and only strong altcoins with real use cases will survive. 10+ years is a long time and the threats of quantum computers will grow year by year, the security of the SHA 256 will be outdated on that day, in my opinion. Best altcoins never stop growing in capitalist,competitive markets and they will adopt to the changes.
Altcoins form a rich competition for Bitcoin, albeit, a very weak one. I do believe that Bitcoin can survive on its own without altcoins. Stablecoins can be traded with BTC and everyone will forget all about alts
In my opinion, there will be still many altcoins in the next 2-3 years, but after a while, let's say 10+ years, only the best altcoins with real use cases will stay along with Bitcoin.
No Bitcoin can't do it alone, it needs the help of other altcoins. But the only issue is that, most altcoins aren't worth it therefore can't be said that they can actually help. Taking a look at the growing number of altcoins and the percentage that really offers value one won't be mistaken for saying they aren't helping but bringing bad names to this space. But nevertheless, we have the likes of ETH, and I believe with more team like that of ETH etc, altcoins will surly help in piloting this space higher.
BTC is doing everything alone science the beginning of 2019. This year is almost over and no altcoin can provide such stats as BTC. However, I believe in altcoins as well, but slowly starting to lose hope, only believing in altcoin season.
Altcoins are causing more frustration for investors because this year more than 90% were wiped out of this market and not attracting new investors is the main reason why these coins can not exist in this market. Currently, there are not many good options for investors so it is best to trust Bitcoin only and should spend all of your assets to invest in this coin.I don't know when the altcoin season will reappear but it will take a very long time and don't expect too much of this investment.
My opinion is completely against you because altcoins need bitcoin in every aspects. Bitcoin is the mother of crypto and like every young children, altcoins need a caring mother to survive. If Bitcoin dies it becomes a common knowledge that the original idea has been in some sense flawed. Once the investors learn that the security of the altcoins like ETH and Litecoin rests upon the same fundamental idea, but with much weaker, less reliable, realization, the fate of every single altcoins out there is simply a death in exactly the same way the Bitcoin died. sooner or later Altcoiners will realize blockchain technology is best suited to one chain to rule all and undoubtedly will migrate to Bitcoin.
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