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Topic: Bitcoin vs altcoins, will they survive? - page 3. (Read 4042 times)

full member
Activity: 303
Merit: 103
i believe that there are so many altcoins who will survuve over the time and has a great future. i have seen so many undervalued coins but looked at there prices now. try to look strat, xem for instance. especially strat. im playing that coin while its around 10k, but llok how high its price now. more 10x already.
hero member
Activity: 560
Merit: 502
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.
hero member
Activity: 700
Merit: 500
Bitcoin would survive because it delivers various features such as free from banking sector,fast transactions,etc.It has been the pioneer in crypto currency.It has gained trust in the past eight years all over the world.Its not easy to achieve.In future,demand for bitcoin would increase and there would be limited supply and hence it would be truly treated as digital gold.Some altcoins promise to deliver features which were not provided by bitcoins.For example,Monero and Zcash is mainly bought for its full anonymous nature.If altcoins have no additional features to deliver,they would gradually disappear in the long run.

Correct, bitcoin is now on its way to its huge success, bitcoin has been already embraced by other countries like Japan. If bitcoin survive before even though without this country or without the help or any big companies, bitcoin survived and is still surviving, so bitcoin would be the one who will survive if there would be a huge cleaning that is going to happen in the crypto world, all the shitcoins would be erased. Bitcoin is superior amongst all the Altcoins here in the crypto world.
sr. member
Activity: 288
Merit: 250
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We can see that crypto currency is getting more popular thus altlcoin and bitcoin is not making competition but they are making like a partnership so they can grow and survive foe the future years.
yes in future we will be mostly depending on crypto currencies. although i am sure that bitcoin will be number one crpyto currency, but still will be some more crypto currencies which will also contribute to facilitate us in future.

We can not be sure that they will live forever. In a few years they can create an even more sophisticated crypto currency that will replace them.
Well yeah, of course it is possible to create something bigger than the currencies we have right now. But just look at bitcoins, ethereum is way more complicated than bitcoins and have way more features. However, eth still has no possibilities to take over bitcoin as people are just convinced that btc is a better store of value so they chose to invest in it.
I believe ethereum is one of those few coins which has the biggest potential to grow big in the future. The fact that ethereum is being used in real world situations when compared to other altcoins shows the likely hood of it being a great competitor to bitcoin. Right now, Russia’s central bank has already deployed an Ethereum-based blockchain as a pilot project to process online payments and verify customer data. So I'm hoping ethereum to succeed rapidly.
The fact that it has tons of ico set on it at the moment can have a really terrible outcome on it. Just remember the dao tragedy that happened... They even split the coin into two, so who can be sure that it won't happen once again? Allowing everyone create on eth chain is kinda reckless because the one ico failing could have a terrible impact on the whole coin so I choose not to invest in it.

The only coin I am sure that is going to survive, remain in the first position and steadily grow is bitcoin. You can't trust any other coins because of various reasons as devs being scammers, mistakes left in code, and people losing interest in it. Also, if you want to invest in something else other than bitcoin I would advise to not do it for a really long term.
hero member
Activity: 756
Merit: 520
In my opinion, bitcoin is a digital currency that will always be owned by everyone and will always be ranked highest. Bitcoin because it has many advantages and where we can play it correctly then all will give you many advantages. But it does need to be known, altcoins also has advantages but it should all be done in the right way. Because there are indeed some altcoin which only survives in a very short time. Everything depends on our analysis
 
hero member
Activity: 490
Merit: 500
Bitcoin would survive because it delivers various features such as free from banking sector,fast transactions,etc.It has been the pioneer in crypto currency.It has gained trust in the past eight years all over the world.Its not easy to achieve.In future,demand for bitcoin would increase and there would be limited supply and hence it would be truly treated as digital gold.Some altcoins promise to deliver features which were not provided by bitcoins.For example,Monero and Zcash is mainly bought for its full anonymous nature.If altcoins have no additional features to deliver,they would gradually disappear in the long run.
hero member
Activity: 672
Merit: 500
I think bitcoin is the main coin in the world of cryptocoin, so it's worth it for you to keep for long

But when talking about other altcoins, even in the top 50, it does not guarantee that they are fit for long-term storage. It's better to do a quick exchange between altcoin-bitcoin, then store it in bitcoin form

Because for me altcoin will forever not be higher than bitcoin
sr. member
Activity: 404
Merit: 251
I believe ethereum is one of those few coins which has the biggest potential to grow big in the future. The fact that ethereum is being used in real world situations when compared to other altcoins shows the likely hood of it being a great competitor to bitcoin. Right now, Russia’s central bank has already deployed an Ethereum-based blockchain as a pilot project to process online payments and verify customer data. So I'm hoping ethereum to succeed rapidly.
sr. member
Activity: 644
Merit: 250
We can see that crypto currency is getting more popular thus altlcoin and bitcoin is not making competition but they are making like a partnership so they can grow and survive foe the future years.
yes in future we will be mostly depending on crypto currencies. although i am sure that bitcoin will be number one crpyto currency, but still will be some more crypto currencies which will also contribute to facilitate us in future.

We can not be sure that they will live forever. In a few years they can create an even more sophisticated crypto currency that will replace them.
Nobody can surely tell about future. Maybe in distant future cryptocurrencies go extinct or get more popular is certainly can't be said at present. But I believe that as for now bitcoin is gaining quite a lot popularity. Along with bitcoin other cryptocurrencies are also getting popular. This trend is not going to stop soon. So yeah they will survive. I don't see any threat to them at present.
full member
Activity: 172
Merit: 100
We can see that crypto currency is getting more popular thus altlcoin and bitcoin is not making competition but they are making like a partnership so they can grow and survive foe the future years.
yes in future we will be mostly depending on crypto currencies. although i am sure that bitcoin will be number one crpyto currency, but still will be some more crypto currencies which will also contribute to facilitate us in future.

We can not be sure that they will live forever. In a few years they can create an even more sophisticated crypto currency that will replace them.
sr. member
Activity: 462
Merit: 250
We can see that crypto currency is getting more popular thus altlcoin and bitcoin is not making competition but they are making like a partnership so they can grow and survive foe the future years.
yes in future we will be mostly depending on crypto currencies. although i am sure that bitcoin will be number one crpyto currency, but still will be some more crypto currencies which will also contribute to facilitate us in future.
sr. member
Activity: 1302
Merit: 270
I think Bitcoin will survive in anything, because it will help if there will be currency changes around the world, maybe not for now will happen in some time, but for Altcoin I do not know how long it will last, Maybe it all depends on the investors themselves How They can keep all Altcoin and nothing will happen.
legendary
Activity: 1526
Merit: 1001
I wonder what the general view is on this. It is obvious that having altcoins in the short term can be extremely profitable with amazing % increases. But it is probably not sustainable over the long term. Or can you actually put your money in altcoins and just let them sit there for the long term, like with Bitcoin and Etherium etc? Or should you always gradually move your short term profits from altcoins over to Bitcoin or Etherium to save for the very long term?

What are the views on the survival of the alctcoins? Say in the current top 50 list. Do you think they will still be prospering in 1-5-10 years? (granted of course that the whole marked would not crash completely a long with Bitcoin etc)

And by prospering I don't necessary mean they will be in the top 50. But at least that they will be worth more than they currently are.

The general view is that they both together have a great journey and I think they both will survive together, there are some changes that will be made in bitcoin but I hope that these will affect the bitcoin in a positive way. Altcoins will survive because they have the mining option to mine with another algorithm which is different from bitcoin and it is a good opportunity for other miners to get profit and have a business that is on mining altcoins.
sr. member
Activity: 277
Merit: 250
after Segwit and than second layer all alts gonna die
newbie
Activity: 2
Merit: 0
They both will survive, the world doesn't necessarily need only one coin and like LTC from before, the other altcoins will fill the crypto space and cover the need for other coins, I don't see any of them taking BTC place, but both would co-exist IMO.
sr. member
Activity: 616
Merit: 250
Altcoin to the bitcoin is such a complement for the bitcoin it's self. Instead of competing with each other, altcoins can work with bitcoin in harmony to each play a very specific role in this industry, let say for small transaction we have dogecoin and litecoin, for untraceable we have monero and etherum is a better smart contract and there are many more with their own characteristic and spesification. People will looking for the alternative if they can't find what they're looking for in bitcoin that's why altcoin will survive.

Right . alternative means alternative , no more . Alternative option if bitcoin is too hard now or to expensive now or something . bitcoins need altcoins , same way like altcoins need bitcoins .
legendary
Activity: 1372
Merit: 1027
Dump it!!!
I wonder what the general view is on this. It is obvious that having altcoins in the short term can be extremely profitable with amazing % increases. But it is probably not sustainable over the long term. Or can you actually put your money in altcoins and just let them sit there for the long term, like with Bitcoin and Etherium etc? Or should you always gradually move your short term profits from altcoins over to Bitcoin or Etherium to save for the very long term?
I would say there altcoins that reward handsomely within a short period and others in the long run

What are the views on the survival of the alctcoins? Say in the current top 50 list. Do you think they will still be prospering in 1-5-10 years? (granted of course that the whole marked would not crash completely a long with Bitcoin etc)

And by prospering I don't necessary mean they will be in the top 50. But at least that they will be worth more than they currently are.
IMO the best altcoins to invest for a long period are those that have real life applications, for example, SunContract will be used by token holders to buy and sell electricity and that is an altcoin that will grow with time.
I guess altcoins survival is definitely on the cards.
legendary
Activity: 1120
Merit: 1000
Altcoin to the bitcoin is such a complement for the bitcoin itself. Instead of competing with each other, altcoins can work with bitcoin in harmony to each play a very specific role in this industry, let's say for small transaction we have dogecoin and litecoin, for untraceable we have monero while etherum is a better smart contract and there are many more with their own characteristic and spesification. People will looking for the alternative if they can't find what they're looking for in bitcoin that's why altcoin will survive.
full member
Activity: 294
Merit: 100
people treat altcoins very differently. and there are a lot of newbies who fall for the hype.
for the rest you can't really say which one is right and which one is not, everyone should find what is best for them and stick to that strategy.
I personally believe that at this point in time none of the altcoins is worth holding for long term because I have not yet found any altcoin that I can be sure of its future.
Though I've heard a lot of people especially those who hyped people about some coins there and coins here but nothing really much clicks me about altcoins. Altcoins as for me really are used for trading rather than investing it for a long run since these coins have no solid ground really which we can rely on unlike Bitcoin as we know it has a solid future ahead and wouldn't suddenly die or disappear.
legendary
Activity: 1134
Merit: 1010
BTC to the moon is inevitable...
this is not an easy thing to answer, we can not predict the future for something that is very new and still being adopted. heck it even still is in beta stage!

but one thing is for sure, a great deal of these altcoins that you see rising today won't even exist in a year from now, let alone in a long term. they serve their purpose which is being pump and dumped and then die.
a couple of big altcoins on top 10 will have the same faith too. they have been created as a way of gaining access to private sectors and developers showing off their power and make a portfolio.
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