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Topic: Bitcoin can't survive alone - page 9. (Read 4162 times)

SamboNZ
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Re: Bitcoin can't survive alone
October 20, 2019, 05:48:03 PM
#141
Quote from: Inu.Guren on October 20, 2019, 01:45:27 PM
bitcoin can stand alone even without altcoin

I agree, bitcoin can survive alone, some people use bitcoin as a store of value and not for alternative payment solution. Most coins/tokens gets affected when the btc price spikes in value and some follows the price movement with bitcoin.
kooboat
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BountyMarketCap
Re: Bitcoin can't survive alone
October 20, 2019, 05:42:46 PM
#140
It seems the caption and the content of the OP don't seem to correlate. Either way, bitcoin or any altcoin can easily be used as a potential replacement as method of payment for all forms of online transactions. The challenge has always being the high volatility on the crypto market  and the regulatory challenges that comes with it's application.
Brunus
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Activity: 585
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Rasputin Party Mansion
Re: Bitcoin can't survive alone
October 20, 2019, 03:39:46 PM
#139
No one knows how the market will evolve. At the moment, bitcoin reigns, but it is not at all certain that it lasts. Who is on the internet from the beginning, knows that in the 90s the winning search engine was Altavista. Who remembers it?
Then came Yahoo, and finally Google. That has conquered everything.
prehisto
full member
Activity: 882
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Your Data Belongs To You
Re: Bitcoin can't survive alone
October 20, 2019, 01:56:49 PM
#138
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

Those payment solutions are based on digital FIAT , which is stable and are regulated.
But altcoins are nor stable nor regulated , so your comparison is not actually valid and is not a good reasoning why to invest.
Inu.Guren
full member
Activity: 379
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homt.net
Re: Bitcoin can't survive alone
October 20, 2019, 01:45:27 PM
#137
bitcoin can stand alone even without altcoin, but for come to be payment solution it's too hard for bitcoin because as we know for confirming 1 confirmation on bitcoin blockchain is too long, better than user another altcoin like Ripple.

ah altcoin was created to fill the weaknesses in the main cryptocurrency bitcoin
GGmith
jr. member
Activity: 394
Merit: 1
Re: Bitcoin can't survive alone
October 20, 2019, 01:36:55 PM
#136
I agree with your statement above, so the conclusion is not to listen to FUD or someone who says that it is a bad investment.
I always believe in every decision I make and choose to go alone or not depend on others. So let's change our mindset to not depend on anyone unless the suggestion makes sense according to our thinking.
InwardContour
sr. member
Activity: 644
Merit: 260
Re: Bitcoin can't survive alone
October 20, 2019, 01:05:45 PM
#135
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
It's true that altcoins are relevant,  but most are crappie. Adoption for altcoins will take a long time, so comparing them with Alipay and wepay is far fetched comparison since those ones are highly regulated. Decentralized nature of crypto makes it hard to gain widespread adoption and acceptance by government authorities. We just need a lot of patience when holding good altcoins anyway, thanks for the hope.
wxxyrqa
full member
Activity: 1372
Merit: 133
Re: Bitcoin can't survive alone
October 20, 2019, 12:48:55 PM
#134
Quote from: Gangster-Hamster on October 20, 2019, 12:39:04 PM
Quote from: evgeniy55 on October 20, 2019, 03:53:42 AM
First you need to decide what kind of coin retention period you are talking about. The practice and experience of most traders indicates that the portfolio for the long term may contain only one name of the coin - this is bitcoin. As for alts, now it’s probably the time to go against the temptation to acquire altcoins for a long retention period. Today it’s worth checking every source of information. There are many biases. The reward is most likely not worth the risk.
I agree with you. Investing in Bitcoin looks much more reliable than investing in altcoins. But I think it’s of great importance at what price you buy your Bitcoins.
What is happening on the cryptocurrency market today does not inspire confidence in any projects at all, and therefore, definitely only Bitcoin is the most profitable coin for long-term investments.  Although recently I have also been considering ethereum, since I believe that this coin will become a direct competitor to Bitcoin in the future.
Gangster-Hamster
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Activity: 938
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Re: Bitcoin can't survive alone
October 20, 2019, 12:39:04 PM
#133
Quote from: evgeniy55 on October 20, 2019, 03:53:42 AM
First you need to decide what kind of coin retention period you are talking about. The practice and experience of most traders indicates that the portfolio for the long term may contain only one name of the coin - this is bitcoin. As for alts, now it’s probably the time to go against the temptation to acquire altcoins for a long retention period. Today it’s worth checking every source of information. There are many biases. The reward is most likely not worth the risk.
I agree with you. Investing in Bitcoin looks much more reliable than investing in altcoins. But I think it’s of great importance at what price you buy your Bitcoins.
Samayuki
member
Activity: 574
Merit: 24
Re: Bitcoin can't survive alone
October 20, 2019, 04:04:42 AM
#132
In terms of better tech and features bitcoin is no where better than many altcoins and when we are talking about futuristic upgrades on tech bitcoin is way in the back while some altcoins will surely do better but since bitcoin is the first of its kind this is why its the best choice for millions out there
evgeniy55
jr. member
Activity: 41
Merit: 1
Re: Bitcoin can't survive alone
October 20, 2019, 03:53:42 AM
#131
First you need to decide what kind of coin retention period you are talking about. The practice and experience of most traders indicates that the portfolio for the long term may contain only one name of the coin - this is bitcoin. As for alts, now it’s probably the time to go against the temptation to acquire altcoins for a long retention period. Today it’s worth checking every source of information. There are many biases. The reward is most likely not worth the risk.
angrybirdy
sr. member
Activity: 1022
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Re: Bitcoin can't survive alone
October 20, 2019, 01:38:43 AM
#130
Quote from: White Christmas on October 20, 2019, 12:58:48 AM
I guess bitcoin will survived although he is alone, remember the history of the crypto in which bitcoin is just the only one cryptocurrency coin and there is no altcoins nor ripples back then and still bitcoin stand up and survive although it is alone. But now I believe he can still survive alone although the altcoins and the ripple become so down.
There is no such thing in this world that can survive alone.
Altcoins were created because it serves as other functions of bitcoin. It is created to fulfill the flaws of bitcoin.

Altcoins have different functions where bitcoin doesn't have. And vice versa. The demand for crypto cannot reach up to this point if bitcoin is the only crypto we have.
White Christmas
sr. member
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Re: Bitcoin can't survive alone
October 20, 2019, 12:58:48 AM
#129
I guess bitcoin will survived although he is alone, remember the history of the crypto in which bitcoin is just the only one cryptocurrency coin and there is no altcoins nor ripples back then and still bitcoin stand up and survive although it is alone. But now I believe he can still survive alone although the altcoins and the ripple become so down.
alan2here
hero member
Activity: 1778
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WorkAsPro
Re: Bitcoin can't survive alone
October 19, 2019, 11:14:22 PM
#128
Quote from: seleme on October 19, 2019, 12:24:11 PM
Quote from: ?? on ??
The choice of investing in bitcoin or altcoin is entirely their choice. but in terms of a lot of analysis that can be done we should also know better what is suitable if you want to invest. do not let us ourselves wrong in the election. altcoin is so high risk if we don't understand how to choose it
It is up to the investor to hold the portfolio in altcoins or entirely in the single cryptocurrency. Affecting the decision of the altcoin investors will not ensure the higher profit/loss ratio, unfortunately. The altcoins carry a lot of risks and choosing the low-risk investments will give a low return on the investment in both long and short term periods. High risks mean more emotional and uncontrollable situations during another side of the expected market trend.
In my opinion this market is very easy to manipulate so there will be a lot of big fluctuations during this time. Even if you can make a good profit but your psychology is not stable, you will easily panic when the market has a sudden collapse. I think every investment decision needs to be carefully considered as the downtrend is still taking place so you will still face great risks.

I'm not sure what this market will look like in the next few years but I'm sure altcoins are not good for short-term investments because this year more than 95% of altcoins will be removed from this market.
jets567
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Re: Bitcoin can't survive alone
October 19, 2019, 12:33:32 PM
#127
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

This could happen in the future once the regulator come up with a regulations that will favor all parties and if the government don't put too much pressure on them then they might accept Bitcoin as an other payment option on their platform. China is still denying Bitcoin but they are now on process of creating their crypto which means they knew that there are lot of benefits for having a digital coin like Bitcoin.
seleme
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Re: Bitcoin can't survive alone
October 19, 2019, 12:24:11 PM
#126
Quote from: ?? on ??
The choice of investing in bitcoin or altcoin is entirely their choice. but in terms of a lot of analysis that can be done we should also know better what is suitable if you want to invest. do not let us ourselves wrong in the election. altcoin is so high risk if we don't understand how to choose it
It is up to the investor to hold the portfolio in altcoins or entirely in the single cryptocurrency. Affecting the decision of the altcoin investors will not ensure the higher profit/loss ratio, unfortunately. The altcoins carry a lot of risks and choosing the low-risk investments will give a low return on the investment in both long and short term periods. High risks mean more emotional and uncontrollable situations during another side of the expected market trend.
toast
sr. member
Activity: 1582
Merit: 253
Re: Bitcoin can't survive alone
October 18, 2019, 09:06:01 AM
#125
Quote from: bitzizzix on October 13, 2019, 10:18:40 AM
Bitcoin will develop or stand alone without altcoin and it is clear that altcoin is only an imitation or as an alternative to bitcoin, and for whatever reason bitcoin will survive on its own without altcoin.
bitcoin is the first digital coin in the world to grow on its own and over time altcoin is present as an imitation and many people choose bitcoin to invest because it is reliable compared to altcoin.
maybe what you have said is also true and will not but all are interrelated between the coins as a comparison even though many altcoins and other coins emerge the main guidelines in the price and fixed value of bitcoin in my opinion, but for the future no one can predict with certainty and the development of bitcoin affects other coins
tenakha
hero member
Activity: 1470
Merit: 509
Re: Bitcoin can't survive alone
October 18, 2019, 07:57:02 AM
#124
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
Maybe it does not make a big difference to Bitcoin. A few million per day is too small for it. Looking at mass adoption as well, alipay itself can help in this regard, so they can do something without BTC. Besides, why should we take away its functionality? This payment system which will not make a big difference for BTC, can make a big difference for alipay. Altcoins should hold on to something to survive.
Bim abk
sr. member
Activity: 896
Merit: 251
Re: Bitcoin can't survive alone
October 17, 2019, 03:06:10 PM
#123
Quote from: bitzizzix on October 13, 2019, 10:18:40 AM
Bitcoin will develop or stand alone without altcoin and it is clear that altcoin is only an imitation or as an alternative to bitcoin, and for whatever reason bitcoin will survive on its own without altcoin.
bitcoin is the first digital coin in the world to grow on its own and over time altcoin is present as an imitation and many people choose bitcoin to invest because it is reliable compared to altcoin.
but if you rethink if until now there is only bitcoin as a digital currency it would be less attractive in my opinion coupled with a fairly high price to date. altcoin appearing to invest in crypto might be more interesting like the current competition between developers to attract people's attention to invest and buy their coins
bitzizzix
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Re: Bitcoin can't survive alone
October 13, 2019, 10:18:40 AM
#122
Bitcoin will develop or stand alone without altcoin and it is clear that altcoin is only an imitation or as an alternative to bitcoin, and for whatever reason bitcoin will survive on its own without altcoin.
bitcoin is the first digital coin in the world to grow on its own and over time altcoin is present as an imitation and many people choose bitcoin to invest because it is reliable compared to altcoin.
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