Bitcoin can't have summit forever. They have very powerful altcoins and they will compete against Bitcoin one day. At the moment Bitcoin's market volume is getting smaller.
Topic: Are Altcoins just as important as Bitcoin? - page 8. (Read 588 times)
In any ecosystem, be it in nature or business, there is always a competition. And most often than not, the best always rises to the top. And here in our crypto ecosystem, a competition do also exist. Between Bitcoin and Altcoin. We all very well known that bitcoin, being the first and most proven cryptocurrency already took the center stage in crypto market. Now that altcoins came into the picture, where does it really stands? What will be the selling point of altcoin that will eventually led the bitcoin enthusiasts to finally switch places?
Bitcoin is the first crypto and is regarded as the master of all crypto by many. It is without any doubt, the most popular crypto and is also the crypto with widest acceptance. But nothing in this world is perfect including Bitcoin. It has various flaws like more time for transaction confirmation and high fees for transactions. Various altcoins help Bitcoin in overcoming these flaws and help in making the crypto ecosystem more mainstream. Altcoins play a very important role in making crypto more popular.
Bitcoin is an icon, not just a technological comparison, but rather a fanatical belief in a brand. I'm not sure there's any crypto that will beat bitcoin, at least in the same ecosystem.
For Cryptocurrency altcoin is as bitcoin. Its work with bitcoin. after all there are many types of altcoin and different price but its important for the cryptocourrency wrold.
Maybe altcoin will only compete with altcoin. Bitcoin exists at different levels, bitcoin is the luxury of cryptocurrency that will not be replaced by any coin.
I think it depends on the altcoin but for the most part - yes.
ETH for example is just as important and might even become more important by overtaking BTC
ETH for example is just as important and might even become more important by overtaking BTC
altcoin is very important besides bitcoin, I believe if altcoin could be a threat to bitcoin where altcoin now has various types and also varying prices. so altcoin will definitely be very important and the world of cryptocurrency.
It is very important that the Altcoins be supported by real products. Many developers create coins without a certain idea.
You need to have real products to integrate with payments and smart protocols for fast and cheap transactions
You need to have real products to integrate with payments and smart protocols for fast and cheap transactions
Bitcoin is the Kingmaker and blockchain came to shape with Bitcoin Project. Moving ahead there would be more innovations coming the way which will enable technology to drive the world in Finance, AI, technology. Decentralization would change the world and would have a positive impact on peoples lives.
Altcoins will also join the party and tread its own path in coming days.
Altcoins will also join the party and tread its own path in coming days.
In any ecosystem, be it in nature or business, there is always a competition. And most often than not, the best always rises to the top. And here in our crypto ecosystem, a competition do also exist. Between Bitcoin and Altcoin. We all very well known that bitcoin, being the first and most proven cryptocurrency already took the center stage in crypto market. Now that altcoins came into the picture, where does it really stands? What will be the selling point of altcoin that will eventually led the bitcoin enthusiasts to finally switch places?
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