Bitcoin can't survive alone - page 15.

Jating

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Quote from: OasisDre on October 04, 2019, 01:34:08 PM

Over 850 millions of people use alipay as means of payment mostly in china and i heard lots about wepay as well, i come to think of it that what if bitcoin was been used in their places instead? if alipay and wepay can get to where they are today then altcoins have all the chances of survival as well. Wepay and Alipay are just online payment solution, crypto can do better.

Perhaps this is the main reason why Facebook's Libra wanted to join the market. Because they know that there's a lot of money to be made here.

Quote from: OasisDre on October 04, 2019, 01:34:08 PM

Real use cases plus real life working products, let these two be your main focus when picking altcoins to invest your money on, do not listen to those saying 'dump altcoins for bitcoin' when you are holding solid altcoins

I would agree but most of the time those product which have real life case are relegated on the background. And the alt that took the center stage are mostly shitcoins. Yes, bitcoin can't survived, this is an ecosystem, wherein everyone has it's own place and contribute to the success of the market.

VDraci

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Bitcoin is the old grand daddy of crypto and of cos it has better support than other coins but presently altcoins have many investors than bitcoin even after all the losses, crypto is able to achieve more investors because of altcoins because many belief they will make it with altcoin

ecnalubma

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It will come that Bitcoin could become one of the most used payment system worldwide. People around the world are undecided wether to use or not to use it as payment norm. High volatility is one of the main reason why most retail companies stop accepting it, but once its more stable no doubt it will outranked other existing payment systems.

Hamzaal24

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Usage of crypto is increase from last 10 years, I believe it will be difficult for btc to held things all by its own. Altcoins can play a vital support to Crypto-market. But investor should analysis market trends before investing as there are many scam altcoins.

Eugenar

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I can't get the context of relating Bitcoin to alipay, that bitcoin can't survive alone. Actually bitcoin can, what I can perceived is that, other altcoins accumulate the volume of the market. I think it would be better if there are less altcoins in the market. Through that, bitoin's volume would be even better. Which is opposing the side that bitcoin can't survive alone. But right now, the relationship might be considered mutualism since some coins are helping others too, like stable looks being beneficial for traders.

Periodik

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Quote from: OasisDre on October 04, 2019, 01:34:08 PM

Over 850 millions of people use alipay as means of payment mostly in china and i heard lots about wepay as well, i come to think of it that what if bitcoin was been used in their places instead? if alipay and wepay can get to where they are today then altcoins have all the chances of survival as well. Wepay and Alipay are just online payment solution, crypto can do better.

Real use cases plus real life working products, let these two be your main focus when picking altcoins to invest your money on, do not listen to those saying 'dump altcoins for bitcoin' when you are holding solid altcoins

That is why we cannot fully compare Bitcoin with all the altcoins because they are different in the first place. The are the same in terms of being cryptocurrencies and built on blockchain but in terms of use and function, they may be world apart. It is not fair to just trash all altcoins because they are lesser cryptos than Bitcoin. There are so many ecosystems made and each of them could have its own crypto. There are more focused coins. Bitcoin is generally for overall spending. Most altcoins, on the one hand, are specialized for a specific purpose.

bison

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we can't make a bond on altcoin to be tied to any other real platform.
that is a very good thought, they have a system that may not be much different from the blockchain. but now we will only see how altcoin from several platforms focused on developing their platform. the movement of crypto also cannot be like virtual money officially launched by the state. usually, the money does not have market price movements because they are only for payment instruments not for trade assets. while you know, crypto is largely a traded asset even though some are used for payment.

19Nov16

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Yes true, without strong altcoins then bitcoin will not interesting for investor, as we know now that the bitcoin marketcap reaches more than 65%, and the rest for more than 3000 altcoins, if many altcoins die and cannot compete then bitcoin also die.

ajqjjj

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Quote from: meanwords on October 04, 2019, 08:21:36 PM

Yeah, what if Bitcoin was used in there instead? We wouldn't need all this altcoins in the first place. Although there are some altcoins that are very good, you won't deny that Bitcoin is still the safest of them all. You can't defeat Bitcoin when it comes to investing. When Bitcoin moves, all those altcoins follow. In the end, they all falls down to Bitcoin. Bitcoin can survive alone but altcoins can't.

Majority of the altcoins are always follow the Bitcoin so your thought is perfectly good. But altcoins also survive alone because you see the crypto market number of altcoins are available in the market. Once Bitcoin is fall down automatically major altcoins are going to backward but still some altcoins are maintain the positive region. So Both are are survive alone.

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Payment systems that work well without bitcoin do not need to attach the 5th wheel, if something from cryptocurrencies will tied, it will be a fast currency, like LTC or DASH.

jmigdlc99

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Quote from: OasisDre on October 04, 2019, 01:34:08 PM

Over 850 millions of people use alipay as means of payment mostly in china and i heard lots about wepay as well, i come to think of it that what if bitcoin was been used in their places instead? if alipay and wepay can get to where they are today then altcoins have all the chances of survival as well. Wepay and Alipay are just online payment solution, crypto can do better.

Real use cases plus real life working products, let these two be your main focus when picking altcoins to invest your money on, do not listen to those saying 'dump altcoins for bitcoin' when you are holding solid altcoins

Why can't bitcoin be relied on to replace alipay and wepay instead?

While i agree real use cases plus real life working products are essential for any coin to succeed, but i don't see why we need so many altcoins to do so. If bitcoin could do all this instead imagine how big it would be. We would be in for a great upside as well as early investors.

jazmuzika217

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The existence of bitcoin to itself can't survived bitcoin. Because all we know that here in crypto world we need variety of coin and also need competition. I am not against in bitcoin, actually I am now holding some bitcoin and look the price of bitcoin right now it is continue to fall so I think we need some alternative like altcoin.

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Quote from: OasisDre on October 04, 2019, 01:34:08 PM

Over 850 millions of people use alipay as means of payment mostly in china and i heard lots about wepay as well, i come to think of it that what if bitcoin was been used in their places instead? if alipay and wepay can get to where they are today then altcoins have all the chances of survival as well. Wepay and Alipay are just online payment solution, crypto can do better.

Real use cases plus real life working products, let these two be your main focus when picking altcoins to invest your money on, do not listen to those saying 'dump altcoins for bitcoin' when you are holding solid altcoins

Means of Payment is just one genre where crypto would be used. Bitcoin is not designed to be a means of payment. Satoshi might have said it somewhere as payment coin but I'm pretty sure satoshi intended to make it the way it is. There are new and innovative crypto projects that are instant on transaction with zero or negligible fees.

meanwords

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Yeah, what if Bitcoin was used in there instead? We wouldn't need all this altcoins in the first place. Although there are some altcoins that are very good, you won't deny that Bitcoin is still the safest of them all. You can't defeat Bitcoin when it comes to investing. When Bitcoin moves, all those altcoins follow. In the end, they all falls down to Bitcoin. Bitcoin can survive alone but altcoins can't.

Aabcde

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The existence of bitcoin itself can not survive by itself. But with the presence of bitcoin, new business opportunities are created for those who have ideas and set forth in the blockchain system.
The existence of altcoin, e-payment, or e-wallet, can actually foster the development of the business world because of rivalry. Surely this competition is headed for good, which can provide the public with good service.

Bitcoininvestment

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Quote from: OasisDre on October 04, 2019, 01:34:08 PM

Over 850 millions of people use alipay as means of payment mostly in china and i heard lots about wepay as well, i come to think of it that what if bitcoin was been used in their places instead? if alipay and wepay can get to where they are today then altcoins have all the chances of survival as well. Wepay and Alipay are just online payment solution, crypto can do better.

Real use cases plus real life working products, let these two be your main focus when picking altcoins to invest your money on, do not listen to those saying 'dump altcoins for bitcoin' when you are holding solid altcoins

There are many cryptocurruncy are come up. Like bitcoin and other cryptocurrency are some of this helping many people and giving us an opportunities to earn and get some income with high percentage. But they don't stand alone. By the use of internet they are ineterconnected to each other and giving them chances on marketplace. This are use in some payment and digital wallet as well as a transaction method.

malikusama

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Quote from: OasisDre on October 04, 2019, 01:34:08 PM

Over 850 millions of people use alipay as means of payment mostly in china and i heard lots about wepay as well, i come to think of it that what if bitcoin was been used in their places instead? if alipay and wepay can get to where they are today then altcoins have all the chances of survival as well. Wepay and Alipay are just online payment solution, crypto can do better.

Real use cases plus real life working products, let these two be your main focus when picking altcoins to invest your money on, do not listen to those saying 'dump altcoins for bitcoin' when you are holding solid altcoins

Crypto can do much better than these existing payment solutions, just more awareness is needed in public.
I somehow agree with you that in the market along with the bitcoin, alts also got their place and importance. Using alts will be better and beneficial for the digital currency payment system, but to say "survive" will be inappropriate.

attech21

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As we all know bitcoin is circulating by many parts here in cryptocurrency like altcoins. It is doing its task to promote or to do not underestimate altcoin and it was same to altcoin. Bitcoin will not be bitcoin if there are no other department.

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I think bitcoin is a technology that was created to be able to survive on its own while the prices in bitcoin can never survive alone because the price of bitcoin can be high because it is influenced by very high demand and with very limited supply makes the price of bitcoin increasingly expensive but the technology can run by itself and is only active when there is demand.

cybernetik7

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If we describe this as a survival challenge, bitcoin will only take those who deserve to be there. There are many good projects. Those whose blockchain are most reliable and scalable will survive along with bitcoin.

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