Topic: Bitcoin vs altcoins, will they survive? - page 2. (Read 4042 times)
Bitcoin vs altcoins, will they survive? of course yes altcoin is just depending on the bitcoin it is obviously in the some exchangers, but if the bitcoin goes down altcoins will absolutely down also cause as i said altcoin is depending on bitcoin value.
I think bitcoin's chance to survive are greater than altcoin since they are made from bitcoin's code
But for overall , crypto currency world is a world that full of unpredictable things so whenever you have chance for profit, just take it before it's too late
But for overall , crypto currency world is a world that full of unpredictable things so whenever you have chance for profit, just take it before it's too late
It's hard as altcoins are surely on it's top right now , people used to pump dump btc now but now btc doesn't even matter and the btc dominance has also reduced from like 70% in starting of this year to what 48% or something. Even though we see the rise of altcoins many investors still trust because as dumping it would take a lot of time and plus there are way more people interested to invest in bitcoin than alts
That's outright bullshit
And people talking like this just reveal how incompetent they are since this reduction of 22 p.p. is measured as the change in the total market cap, the metric which is there just to distinguish between dumb and smart people. It is basically the same with percentages, if some coin has risen 1,000 percent while Bitcoin only 100 percent, that doesn't in the least mean that the former is 10 times better than the latter. You talk about pump and dump, but you obviously fail to see that this is even more applicable to altcoins, which get pumped and dumped like there's no tomorrow (as is often the case). The only reliable metric here is how much money (fiat) gets actually poured into a certain coin (in absolute terms), everything else is trickery, cheating and fiddling with numbers
It's hard as altcoins are surely on it's top right now , people used to pump dump btc now but now btc doesn't even matter and the btc dominance has also reduced from like 70% in starting of this year to what 48% or something. Even though we see the rise of altcoins many investors still trust because as dumping it would take a lot of time and plus there are way more people interested to invest in bitcoin than alts
Well, I can't say altcoins are really on top. I guess the big prices are mostly due to traders and some big companies' support. I guess the only thing where alts are used is trading among altcoins. The problem is that for a coin to be really good it needs to be used to buy some actual goods, not other coins. And this is a rather dangerous fact which we try to ignore. Btc dominance is still there, because at least it is really used on markets.It's hard as altcoins are surely on it's top right now , people used to pump dump btc now but now btc doesn't even matter and the btc dominance has also reduced from like 70% in starting of this year to what 48% or something. Even though we see the rise of altcoins many investors still trust because as dumping it would take a lot of time and plus there are way more people interested to invest in bitcoin than alts
Well, I can't say altcoins are really on top. I guess the big prices are mostly due to traders and some big companies' support. I guess the only thing where alts are used is trading among altcoins. The problem is that for a coin to be really good it needs to be used to buy some actual goods, not other coins. And this is a rather dangerous fact which we try to ignore. Btc dominance is still there, because at least it is really used on markets.
It's hard as altcoins are surely on it's top right now , people used to pump dump btc now but now btc doesn't even matter and the btc dominance has also reduced from like 70% in starting of this year to what 48% or something. Even though we see the rise of altcoins many investors still trust because as dumping it would take a lot of time and plus there are way more people interested to invest in bitcoin than alts
Well, I can't say altcoins are really on top. I guess the big prices are mostly due to traders and some big companies' support. I guess the only thing where alts are used is trading among altcoins. The problem is that for a coin to be really good it needs to be used to buy some actual goods, not other coins. And this is a rather dangerous fact which we try to ignore. Btc dominance is still there, because at least it is really used on markets.
It all depend on their work. If they will work like a currency and they will provide some benefits to the people like bitcoin is giving the benefits and if these altcoins will be used for different services and some online shops will come to adopt these altcoins then they have the chance to survive for longer.
It's hard as altcoins are surely on it's top right now , people used to pump dump btc now but now btc doesn't even matter and the btc dominance has also reduced from like 70% in starting of this year to what 48% or something. Even though we see the rise of altcoins many investors still trust because as dumping it would take a lot of time and plus there are way more people interested to invest in bitcoin than alts
Well, I can't say altcoins are really on top. I guess the big prices are mostly due to traders and some big companies' support. I guess the only thing where alts are used is trading among altcoins. The problem is that for a coin to be really good it needs to be used to buy some actual goods, not other coins. And this is a rather dangerous fact which we try to ignore. Btc dominance is still there, because at least it is really used on markets.
It's hard as altcoins are surely on it's top right now , people used to pump dump btc now but now btc doesn't even matter and the btc dominance has also reduced from like 70% in starting of this year to what 48% or something. Even though we see the rise of altcoins many investors still trust because as dumping it would take a lot of time and plus there are way more people interested to invest in bitcoin than alts
Just like there are many assets, currencies, and precious commodities in the real world, there will always be many different coins in crypto world. Many coins that exist today will die, many new appear, but Bitcoin (or some altcoin) will never be the only cryptocurrency. There's no benefits in having just one crypto coin, while having many creates competition between developers that will make them work harder, users will always have access to reserve cryptocurrency if one of them gets hacked/overtaken by someone, etc.
In my opinion they will survive. A lot of alt coin provide something that bitcoin doesn't have and they have a good community behind them just like bitcoin. The useful one will survive and the 'shitcoin' will dead.
Bitcoin aka lasts longer than alcoins, because this bitcoin has its own advantages and earlier appears than the alcoins
Only the altcoins with real innovation can survive, that means 90% or more will need to die because the current market condition is unsustainable with almost every coin regardless of its worth getting pumped. Its a sign of a bubble forming and its when it bursts that only the truly special ones will survive.
Block chain technology won't ever go away. Crypto currencies will stay around in one form or the other. The current top 100 alt coins may look much different in a few years though... most of the big ones will still be around, some will diminish, new ones will come to the forefront.
Some altcoins are platforms and have whole infrastructures built around them, like NXT, ARDOR, ETHEREUM, STRATIS etc so I think many of these good ones with new innovative technology will last alongside Bitcoin. Some good investment tokens and good altcoins will be good investments to hedge against fiat and so will survive with Bitcoin.
For alt coin it is hard to predict some of them will survive but some of them will vanished, some of the alt coin especially top 10 got a big transaction volume, so it still can survive for a long time, but I dont like to invest in alt coin for a long term, playing it short is better because the price is unstable so I better play it safe
Why do not you concentrate entirely on investment on the big altcoins list you wrote? They have the same potential as bitcoin, and the possibility of disappearing in the short term is very small. I assume altcoin is not bitcoin opponent in the aspect of volume, both are on different levels. But since I saw some altcoin like xrp already paired with jpy and cny, the potential of being a bitcoin strong competitor in the future is very wide open.
All can survive because they have similarities, but I prefer the bitcoin that will last longer because bitcoin earlier than alcoins.
For alt coin it is hard to predict some of them will survive but some of them will vanished, some of the alt coin especially top 10 got a big transaction volume, so it still can survive for a long time, but I dont like to invest in alt coin for a long term, playing it short is better because the price is unstable so I better play it safe
The facts show that many altcoins have died and can not last long, while bitcoin continues to survive and exist until now. Seeing this fact I can say that bitcoin is the winner, I do not know why, maybe because bitcoin is the first
There are more than a thousands alts in existence right now. Only a few have survived for more than 1 year, such as Litecoin, Ethereum, Ripple, Namecoin, Novacoin.etc. 90% of them vanished even before completing 1 year. But there are certain altcoins, which have been in existence for more than 5 years now
And some of them still remain mostly a joke
I refer to Dogecoin obviously, though it is less than 4 years old as of yet. But I guess I can safely claim that, first, it will live up to 5 years old just like that, and, second, it will still remain only a joke. Kidding aside, in terms of volatility altcoins stand to Bitcoin in the same position as currency futures and options stand to the underlying (i.e. the currency itself). Major altcoins are futures, they are not as volatile as options (shit coins) and don't depreciate every day (like shit coins), but they are still more volatile than Bitcoin itself. Shit coins are just that, when their time comes they just vanish
Rule of thumb - if you think that there is something about certain altcoin, while it is still cheap as dirt - simply buy it and wait. It is wise to spend $50-$100 on potentially profitable altcoins.
If you are not sure or don't trust altcoin market then just buy bitcoin and hold it, you can't go wrong with BTC. Just don't pay attention to FUD and drama.
If you are not sure or don't trust altcoin market then just buy bitcoin and hold it, you can't go wrong with BTC. Just don't pay attention to FUD and drama.
absolutely true.
we need to research first the potentail of the coin,
if you bought a coin while its cheap and you done with thorough research and sure that it has great potential then you will rep what you saw in the couple of months. best startegy then will be then try to buy and forget. and wait it will more than tripple youe profit.
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