Topic: Altcoins delist and Bitcoin only (Read 1168 times)
Altcoins are everywhere because they have a cause on why they exist. Bitcoin is not perfect. We are to see how bitcoin scaling delivers as more people will use the leading currency. In the future, there will be many altcoins that can be used. But probably not thousands like what we have right now.
Bitcoin is the pioneer cryptocurrency and it operates on the most trusted and decentralized network, so it'll be the first option for companies and agencies looking to truly utilize the functions of cryptocurrencies. There are a few altcoins which I rate highly but in a couple of years I believe that BTC would be the staple currency and many of those we have today will not be active by then.
yes, as we know that bitcoin is the top coin in this cryptoqurrency space. so it's not strange to hear that a lot of people invest their money in bitcoin. on the other hand altcoin is an alternative investment besides bitcoin and not all altcoins are profitable for investment or can last long in the crypto space, we have witnessed hundreds of altcoins ending in spam and not being used by investors.
Some services here in crypto only trust Bitcoin then they not use Altcoins now like example in Faucethub that very useful and helpful in the past with different cryptocurrency but base in government restriction then they can only run with Bitcoin and not Altcoins then now i read this news so i want to hear your opinion about this because i think in future we can only use Bitcoin
https://cointelegraph.com/news/coinfloors-ceo-explains-decision-to-delist-all-crypto-but-bitcoin-to-cointelegraph/amp
This is wrong, if so why is other giant companies accepting ETH as means of payment? For example UNICEF and few others, its like they are just trying to degrade other altcoins, many altcoins have better features than Bitcoin and its only a matter of time https://cointelegraph.com/news/coinfloors-ceo-explains-decision-to-delist-all-crypto-but-bitcoin-to-cointelegraph/amp
Delist For most altcoin garbage is necessary because their innovations are useless
I agree with the statement about delisting "garbage" altcoins. However, they also delist all altcoins, including ETH. In my personal opinion, ETH is not one of these garbages.This might indicate if Coinfloor really is improving their criteria and system including to only considers BTC as the only proven cryptocurrency, especially in terms of transactions and progress in the market.
However, is this only because of the reason (only proven crypto)? Or, Does Coinfloor have a certain strategy to encounter this market condition right now?
Back in 2017, we had less than 1,000 different altcoins and tokens and the number of active cryptocurrencies among them was only around 100 to 200. Two years later, this number has increased to more than 10,000. The problem is that the number of cryptocurrency users have not increased proportionately and as a result many of these smaller coins are nonviable. Many of them have died out and most of the remaining will continue to become dormant or dead during the next few years.
Solo Journey of Bitcoin may lead to stop trading and Blockchain awareness may stop spreading as it is now being manipulate over electronic media. but some rule should be mount before coin to accept over exchanges !
Thanks
Thanks
Bitcoin can not serve the entire purpose so the need to introduce Altcoins. the world can't bank on Bitcoin no matter what. it will definitely not be enough no matter how little it is been distributed. Altcoins will remain and it is need to serve other purpose bitcoin can not to serve. therefore we need both Altcoin and bitcoins.
Well, in as much as we know and believe that cryptocurrency is the future that doesn't imply that altcoin isn't among, imagine delisting Ethereum, yes we know Bitcoin is very sweet and reliable but there should be room for other coins
Bitcoin is the father of all subcoins. : D The price of Bitcoin continues to be unstable. But the problem is this. No other altcoin can move independently. If one day altcoin prices can move independently, much will change. Bitcoin is crushing the whole market.
Some services here in crypto only trust Bitcoin then they not use Altcoins now like example in Faucethub that very useful and helpful in the past with different cryptocurrency but base in government restriction then they can only run with Bitcoin and not Altcoins then now i read this news so i want to hear your opinion about this because i think in future we can only use Bitcoin
https://cointelegraph.com/news/coinfloors-ceo-explains-decision-to-delist-all-crypto-but-bitcoin-to-cointelegraph/amp
I think we already know very well that bitcoin is the parent of cryptocurrency, where everything is based on bitcoin. For altcoin maybe there will be a time later, but now is not the time and the ups and downs of altcoin may quickly subside https://cointelegraph.com/news/coinfloors-ceo-explains-decision-to-delist-all-crypto-but-bitcoin-to-cointelegraph/amp
This is already the case. Many subcoins have very good technology. Bitcoin is an old technology. However, the owners of power in this market are also bitcoin owners. It's my guess that those who have Bitcoin are also rich in dollars. As a result, even if Bitcoin is an old technology, it dominates the market.
but without altcoin the crypto currency will be quiet, and this makes Bitcoin also less desirable, what's interesting is that there are 2 crypto currency seasons, Bitcoin season and Altcoin season making traders interested in trading 
Yes some of them are purely shitcoins, but there are some altcoins that you can put your money on and has promise like in the top 10 list of crypto currency they're all innovative and has something new to offer also they're cheap. Either way, if you're an investor/trader just do your own research to find the best and diversify it whether in bitcoin or all in altcoins.
Bitcoin is the pioneer cryptocurrency and it operates on the most trusted and decentralized network, so it'll be the first option for companies and agencies looking to truly utilize the functions of cryptocurrencies. There are a few altcoins which I rate highly but in a couple of years I believe that BTC would be the staple currency and many of those we have today will not be active by then.
You are right. With your opinion, I personally prefer my opinion.Bitcoin is called the father of all coins. Other than that, no coins could be made. I think Bitcoin should be capitalized and traded with other coins. 
Some services here in crypto only trust Bitcoin then they not use Altcoins now like example in Faucethub that very useful and helpful in the past with different cryptocurrency but base in government restriction then they can only run with Bitcoin and not Altcoins then now i read this news so i want to hear your opinion about this because i think in future we can only use Bitcoin
https://cointelegraph.com/news/coinfloors-ceo-explains-decision-to-delist-all-crypto-but-bitcoin-to-cointelegraph/amp
this is one of the reasons why its hard to support altcoinhttps://cointelegraph.com/news/coinfloors-ceo-explains-decision-to-delist-all-crypto-but-bitcoin-to-cointelegraph/amp
when altcoin does not pass some requirement the altcoin is easy to be delisted in some website and exchange
sometimes altcoin is being stopped before it starts because of not passing the law requirements
This is already the case. Many subcoins have very good technology. Bitcoin is an old technology. However, the owners of power in this market are also bitcoin owners. It's my guess that those who have Bitcoin are also rich in dollars. As a result, even if Bitcoin is an old technology, it dominates the market.
In my opinion, everything that Bitcoin can do, altcoin can also be included now and in the future. altcoins are gradually growing stronger and appearing all over the market. Although there are limitations, their benefits are even greater.
What benefits can altcoin display? if the growth of altcoin on the market does exist, but not all altcoins that have been circulating in the market now are good, because I see now there are still many altcoins that are not good. Some services here in crypto only trust Bitcoin then they not use Altcoins now like example in Faucethub that very useful and helpful in the past with different cryptocurrency but base in government restriction then they can only run with Bitcoin and not Altcoins then now i read this news so i want to hear your opinion about this because i think in future we can only use Bitcoin
https://cointelegraph.com/news/coinfloors-ceo-explains-decision-to-delist-all-crypto-but-bitcoin-to-cointelegraph/amp
This is very certain that we can't compare to Bitcoin with any others coin. But I have one doubt if more and more people using Bitcoin then, we know Bitcoin transaction speed is very low like a old man. Some service also use another coin for more privacy than Bitcoin, monero is the best privacy coin. https://cointelegraph.com/news/coinfloors-ceo-explains-decision-to-delist-all-crypto-but-bitcoin-to-cointelegraph/amp
I dont think its a feasible idea to delist all of the altcoins. Believe it or not, there are many altcoins projects which do have a future and may become something if the adaptation go well. If people understand the usefulness of those projects then they will make a revolution in some fields.
Some services here in crypto only trust Bitcoin then they not use Altcoins now like example in Faucethub that very useful and helpful in the past with different cryptocurrency but base in government restriction then they can only run with Bitcoin and not Altcoins then now i read this news so i want to hear your opinion about this because i think in future we can only use Bitcoin
https://cointelegraph.com/news/coinfloors-ceo-explains-decision-to-delist-all-crypto-but-bitcoin-to-cointelegraph/amp
I'm not sure if we will only use Bitcoin as a single currency in the Cryptocurrency ecosystem. But I believe that in a future where cryptocurrencies are legally accepted, 90% of altcoin projects, tokens, ICOs, IEOs, etc. will all fall apart, just like the financial bubbles have previously taken place in the past. That's important to help the crypto be transparent again.https://cointelegraph.com/news/coinfloors-ceo-explains-decision-to-delist-all-crypto-but-bitcoin-to-cointelegraph/amp
Btw, as long as ETH completed its project to change PoW -> PoS, I believe Coinfloors will have no reason to delist it like now.
Some services here in crypto only trust Bitcoin then they not use Altcoins now like example in Faucethub that very useful and helpful in the past with different cryptocurrency but base in government restriction then they can only run with Bitcoin and not Altcoins then now i read this news so i want to hear your opinion about this because i think in future we can only use Bitcoin
https://cointelegraph.com/news/coinfloors-ceo-explains-decision-to-delist-all-crypto-but-bitcoin-to-cointelegraph/amp
https://cointelegraph.com/news/coinfloors-ceo-explains-decision-to-delist-all-crypto-but-bitcoin-to-cointelegraph/amp
Cryptocurrency that is currently on the market more than 4000 kinds and many of them have the same type of project. Bitcoin might be a safe choice but the cryptocurrency market is a dynamic place and I think many investors are trying to make profits from altcoin and I think exchangers are only delisting projects that are scam or start to not actively trade in the market
Jump to: