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Topic: Bitcoin and Bitcoin Alternatives (Read 761 times)

full member
Activity: 419
Merit: 100
March 07, 2019, 12:57:17 PM
#83
Bitcoin is the parent of all crypto currencies and so all other crypto currencies are a mere copy of the original bitcoins, so bitcoins will always rule the crypto kingdom, and people trust bitcoins only with that trust they are putting a hand on other alternative crypto currencies as with a hope that investing on  alternative currencies can also help to earn profits which can help them to invest in bitcoins. All the investors are trying to invest more on bitcoins as there is good potential for the price of bitcoins to cross 1 million US dollar within the next year.
brand new
Activity: 0
Merit: 0
February 25, 2019, 09:50:06 PM
#83
Yeah some guy started the smart contracting idea and there you go rest of the people followed to use it and they created the altcoins!  Wink
full member
Activity: 602
Merit: 118
December 27, 2018, 02:50:53 AM
#81
As we all know that bitcoin is the king of the crypto universe because it is the first and original cypto currency, and it is undeniably responsible for the invention of blockchain technology, because of the discovery of blockchain technology which is the main reason of the growth of the alternative coins, altcoins are generally defined as “bitcoin alternative."

No wonder if in the end bitcoin is often mentioned as the parent/pioneer of cryptocurrency. But based on its original purpose, the alternative bitcoin was created as a cryptocurrency that would correct the deficiencies that exist in bitcoin, such as slow transactions, high transaction costs to be incurred, and other shortcomings. Even when experts/investors analyze, not a few of them are using bitcoin as a benchmark for Alt-Coin's growth.
hero member
Activity: 1582
Merit: 670
December 27, 2018, 02:33:15 AM
#80
As we all know that bitcoin is the king of the crypto universe because it is the first and original cypto currency, and it is undeniably responsible for the invention of blockchain technology, because of the discovery of blockchain technology which is the main reason of the growth of the alternative coins, altcoins are generally defined as “bitcoin alternative."

altcoins will and should die...then the price of btc will go up

I can understand what you've said will die. But I can't understand "should" part. Why they should die?

If you say there are too much altcoins and most of it shit ones. But not all of them is shit. There are a lot of good project and coin (or token) in market. Bitcoin is one of the greatest but not only one. I like also Ethereum for example.

Please be careful a bit. It is not right thing you say!
full member
Activity: 602
Merit: 100
VANM - VIRAL ADVERTISING NETWORK MINING
December 27, 2018, 02:15:31 AM
#79
Bitcoin is growing because of the internet that is used for transactions when online. An alternative Bitcoin that has my mind is an alternative coin that is present because bitcoin exists. So bitcoin is the main coin that can grow and give space to existing altcoins.
jr. member
Activity: 58
Merit: 1
December 27, 2018, 12:52:52 AM
#78
As we all know that bitcoin is the king of the crypto universe because it is the first and original cypto currency, and it is undeniably responsible for the invention of blockchain technology, because of the discovery of blockchain technology which is the main reason of the growth of the alternative coins, altcoins are generally defined as “bitcoin alternative."

altcoins will and should die...then the price of btc will go up
full member
Activity: 658
Merit: 100
December 27, 2018, 12:45:01 AM
#77
alternative bitcoin?
What do you mean is an altcoin?
bitcoin is indeed the first crypto currency and until now bitcoin continues to be the most popular and most valuable. other altcoins are only sweeteners and supplements.
member
Activity: 308
Merit: 15
December 27, 2018, 12:12:26 AM
#76
Bitcoin alternatives are the same as bitcoin that is why when bitcoin market price increase these alternatives will be affected also and it will eventually follow and will going to have an increase also. THe good thing about this alternative coins is that they can make a huge market price increase than bitcoin. However, it will goes the same when it will going to fall down. This would be risky if you do not have that much knowledge about bitcoin alternatives crypto.
member
Activity: 336
Merit: 12
December 27, 2018, 12:10:34 AM
#75
Bitcoin is the first of it's kind and bet it won't always be the king forever ,its the big daddy of cryptocurrency ,father of them all but the king tittle won't last forver as altcoin will snatch that away someday ,blockchain is the best thing to ever happen to this century and I'm sure its just the beginning to a wonderful digital world
copper member
Activity: 140
Merit: 0
December 26, 2018, 11:39:22 PM
#74
yes right bitcoin and altcoin are some of the names of coins in cryptocorency I prefer to trade on altcoin because the price is cheap and very good for profit
full member
Activity: 686
Merit: 227
December 26, 2018, 06:15:19 PM
#73
I think Litecoin can be considered an alternative to Bitcoin. Litecoin is much less popular than Bitcoin, but I think Laitcoin is a good alternative.
newbie
Activity: 125
Merit: 0
December 26, 2018, 11:16:02 AM
#72
That's true but some of them differentiate from BTC with their function and use case. BTC is the first and the biggest coin right now.
member
Activity: 504
Merit: 10
ONe Social Network.
December 26, 2018, 11:06:22 AM
#71
Yes, of course, remember that bitcoin is based on the technology of the blockchain, so by definition there will be different technologies that use it too, we call alts to the others simply because bitcoin was the first decentralized coin, but that does not take away any value, there are very good coins such as dash or ripple that are always on the lookout for the throne of btc.
jr. member
Activity: 278
Merit: 1
simply getting the job done
December 26, 2018, 10:56:42 AM
#70
I agree that bitcoin is the leader in the market and he will always be the leader in bitcoin there is no alternative as he is the founder of the industry and all altcoins are parallel technologies and each is different from each other.
sr. member
Activity: 714
Merit: 250
December 26, 2018, 10:45:50 AM
#69
alternative bitcoin can invest in gold or we can altcoin or indodax like trading and the results are satisfactory not like bitcoin in general, that is my suggestion and it is useful and just in case
sr. member
Activity: 1162
Merit: 251
December 26, 2018, 10:03:45 AM
#68
As we all know that bitcoin is the king of the crypto universe because it is the first and original cypto currency, and it is undeniably responsible for the invention of blockchain technology, because of the discovery of blockchain technology which is the main reason of the growth of the alternative coins, altcoins are generally defined as “bitcoin alternative."
Bitcoin is more suitable for the title “The origin of crypto” rather than “King” of crypto because not all alts are going to bow down to bitcoin. Ethereum is one of the example and the centralized coins in the market. Although all alts are the alternative of bitcoin but it doesnt mean that all alts are going to be attached on bitcoin. Anyway i dont understand what is your point on this topic. Smiley
many projects and altcoins will continue to arrive using the blockchain system. with the various innovations they bring, it will be a good alternative for bitcoin, but the king can be replaced? while "The origin of crypto" will continue to be attached to bitcoin

no the king will always be the king and it cant be replaced by any other alternatives  .  even if we say that altcoin have a more better projects compared to btc , many people will still stick to btc because it is the original crypto and also btc is the only popular crypto that is already accepted anywhere whether online or offline .

do you think the king will continue to be king? even in real life the king will definitely be replaced with someone else who is younger, and the era will also change, let alone technology? of course it will be far more advanced, I know that bitcoin is the king now, but it is very likely to be replaced someday? but the origin of crypto will always be in bitcoin
full member
Activity: 756
Merit: 102
December 24, 2018, 08:55:45 PM
#67
As we all know that bitcoin is the king of the crypto universe because it is the first and original cypto currency, and it is undeniably responsible for the invention of blockchain technology, because of the discovery of blockchain technology which is the main reason of the growth of the alternative coins, altcoins are generally defined as “bitcoin alternative."
Bitcoin is more suitable for the title “The origin of crypto” rather than “King” of crypto because not all alts are going to bow down to bitcoin. Ethereum is one of the example and the centralized coins in the market. Although all alts are the alternative of bitcoin but it doesnt mean that all alts are going to be attached on bitcoin. Anyway i dont understand what is your point on this topic. Smiley
many projects and altcoins will continue to arrive using the blockchain system. with the various innovations they bring, it will be a good alternative for bitcoin, but the king can be replaced? while "The origin of crypto" will continue to be attached to bitcoin

no the king will always be the king and it cant be replaced by any other alternatives  .  even if we say that altcoin have a more better projects compared to btc , many people will still stick to btc because it is the original crypto and also btc is the only popular crypto that is already accepted anywhere whether online or offline .
sr. member
Activity: 1162
Merit: 251
December 24, 2018, 08:18:24 PM
#66
As we all know that bitcoin is the king of the crypto universe because it is the first and original cypto currency, and it is undeniably responsible for the invention of blockchain technology, because of the discovery of blockchain technology which is the main reason of the growth of the alternative coins, altcoins are generally defined as “bitcoin alternative."
Bitcoin is more suitable for the title “The origin of crypto” rather than “King” of crypto because not all alts are going to bow down to bitcoin. Ethereum is one of the example and the centralized coins in the market. Although all alts are the alternative of bitcoin but it doesnt mean that all alts are going to be attached on bitcoin. Anyway i dont understand what is your point on this topic. Smiley
many projects and altcoins will continue to arrive using the blockchain system. with the various innovations they bring, it will be a good alternative for bitcoin, but the king can be replaced? while "The origin of crypto" will continue to be attached to bitcoin
full member
Activity: 686
Merit: 104
December 24, 2018, 08:12:55 PM
#65
bitcoin is pure crypto that can be used as a primary payment tool if crypto is accepted as a means of payment. everyone will only focus on bitcoin, not alternative bitcoin. others are just supporters.
jr. member
Activity: 98
Merit: 2
December 24, 2018, 07:54:15 PM
#64
Yes bitcoin is the epitome of what's called cryptocurrency today and since it leading in it's blockchain system, a lot of other bitcoin alternatives have we seen in the market trying to surpass what great bitcoin has done but still yet they can't and won't beat bitcoin.
I do not think there is any Altcoin trying to surpass the bitcoin,infact there is no alt close to doing that in no certain terms.
Price,volume,stability etc the bitcoin is more reliable in all that and many more.
Most Altcoins are just shipped out and more often than not end up being one shitcoin or the other,only very few are worthwhile,for example the ethereum.
We'll never see an Altcoin surpassing the bitcoin,at least not at this moment
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