Bitcoin vs altcoins, will they survive? - page 4.

Soranith

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Quote from: sotoshihero on June 07, 2017, 07:31:23 PM

Both the altcoins and bitcoins can survive. In altcoins since there are many to choose from, I think its better to keep an eye on the top 10 or even top 100 coins. Daily there capitalization are growing and looks promising. As long as the community supports it, the coins survived.

I agree! Altcoins with a team that is very active and really focus in developing their project will surely survive. And there are a lot of investors that are looking for a good and promising project like ICO. Good example is STRATIS I don't own even a single of it but I have been reading good news about this coin, it started with a value of around 0.00002 late last year and the current value of Stratis is around 0.003 with a of ATH of 0.0044.

hinatashoyou

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Bitcoin will continue to survive, compared to altcoin, many altcoins die because only focus on a particular field, such as focus on the game, or gambling and maybe only one website only, in contrast to the universal bitcoin and can be used for anything

Juggy777

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Quote from: elektra on June 07, 2017, 04:45:14 PM

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.

Altcoins won't survive in the long run, they are called alt for a reason. Short term is good but long term definitely no. Only Bitcoins is the best way to earn and gain in the long term and it's most advisable to do the same. If you see new alts are flooding the market and then they suddenly go scam. Eth, monore maybe now they are good but they may go bust maybe not that's a chance you will have to take and it's a big risk. Be careful with your money don't invest blindly.

iqlimasyadiqa

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Quote from: fathur.aza on June 08, 2017, 12:52:20 AM

I rely on bitcoin as a site that survives under any circumstances, I think it's better to keep an eye on the top 10 or even the top 100 coins. As long as the community supports it, the coins endure in bitcoin.

True, some altcoin is very unpredictable and many are lost instantly. So it's better to choose a digital coin that already has a good reputation. Bitcoin is at the top of the top while 10 large altcoins give us a guarantee against the altcoin.

Duzter

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By the years to come the competence will increase, as more and more altcoins as well ICO's are getting listed to the trading platforms. However potential altcoins emerge bitcoin will be the leader of the entire cryptocurrency, so the competence will be between bitcoin and the entire altcoins.

Kakmakr

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Bitcoin has the largest network of users and merchants of all Crypto currencies. Why would you hoard a currency that you cannot spend? By all means, buy it and trade with it and then convert it back to Bitcoin. These Alt coins are centrally-controlled and they are no different than PayPal or banks.

Bitcoin is the only true coin, backed by a working consensus decision model. Why would you even trust things like Ethereum? or the Ethereum Foundation and Vitalik Buterin? Do you know what the coin cap for Ethereum is? Infinity Does that add to it's value?

Ethereum is on track to become a smart contracts platform run by a consortium. < Never forget what they did with DAO >

fathur.aza

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I rely on bitcoin as a site that survives under any circumstances, I think it's better to keep an eye on the top 10 or even the top 100 coins. As long as the community supports it, the coins endure in bitcoin.

Krillin61

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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.

daringdiscovered

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Quote from: Weatherby on June 07, 2017, 06:44:20 PM

I am holding bitcoin because i can see the potential behind the coin and there are a few hurdles to be sorted out regarding the transaction speed but when it comes to alt coins almost all of them have non sustainable features and the risk in investing for the long term is a huge risk as there are assets and coins in the alt coin sector and i would not risk my money in the long term with alt coins,but i would take some risk when it comes to bitcoin.

You bet, luckily I'm saving my bitcoin and not using it on everything that I need, and right now, it pays off, I do have a lot of profits right now. What else about those early users of bitcoin, if they didn't convert their bitcoins yet, I'm pretty sure that they do have a lot of money right now, and this is the right time where they convert some of their bitcoins, but not all since bitcoin's price will keep on increasing.

Pursuer

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Where is my ring of blades...

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.

The_Dark_Knight

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Quote from: elektra on June 07, 2017, 04:45:14 PM

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.

Not all altcoins are created equal, there are some altcoins that are going to be here for a long time, but most altcoins are going to disappear in a few years so you must never leave your money in any of those altcoins, when you want to leave your money and forget about it choose bitcoin.

Sithara007

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Quote from: mantra on June 07, 2017, 09:04:41 PM

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.

mantra

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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

radjie

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To save money for a long time into altcoin I think it should not be done because it is feared altcoin age was not long-lived so for the future the value of altcoin is not worth it.
If we keep it in this bitcoin is a very promising investment because the role of bitcoin is believed even he is able to parallel the level with the dollar so that the money we invest in it will be very useful for the future because it will surely experience price increases like in the current year because the year- The previous year bitcoin prices have also weakened in this year prices peaked moreover for the next year there could be a spike in prices to many times over the current year.

sotoshihero

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Both the altcoins and bitcoins can survive. In altcoins since there are many to choose from, I think its better to keep an eye on the top 10 or even top 100 coins. Daily there capitalization are growing and looks promising. As long as the community supports it, the coins survived.

Twipple

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Absolutely going to survive. I feel the famous altcoins will be surviving longer than the ones lesser known. Altcoins like Ethereum specially will go long. Bitcoin has to survive because of the largest market cap and most people in cryptos only know about that. We are only waiting for ETF to approve it.

FlamingFingers

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People are buying altcoins hoping to be rich one day like the earlier adopters of Bitcoin. The last altcoin bullrun has surely made some people filthy rich. So if you want to be rich, you can buy and hold a few altcoins that have a potential of growing, and BAM you would probably get X10 X100 ROI in a few years.

TastyChillySauce00

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Quote from: MingLee on June 07, 2017, 07:06:29 PM

Quote from: elektra on June 07, 2017, 04:45:14 PM

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.

I personally wouldn't bother with altcoins unless you're trying to get involved with a pump n dump or are investing in something within the top 15 to be entirely honest. Most altcoins just die and end up taking a lot of the value they had down with them, you can see this on exchanges with them delisting coins constantly.
Keep in mind you need someone to sell to, you can't just sell it back to the exchange. Trading doesn't work like that.

Nah, that just goes for shitty coins. The rest which has proven its potential to the public seems to steadily take over the Bitcoin dominance. The coins delisting based on volume in which if there's no transaction going on between specific interval time, it'll be automatically or manually delisted by the exchanges. But, as you can see, some popular altcoin just like ETH or XRP keeps on having support from various exchanges and increasing overtime.

MingLee

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Quote from: elektra on June 07, 2017, 04:45:14 PM

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.

I personally wouldn't bother with altcoins unless you're trying to get involved with a pump n dump or are investing in something within the top 15 to be entirely honest. Most altcoins just die and end up taking a lot of the value they had down with them, you can see this on exchanges with them delisting coins constantly.
Keep in mind you need someone to sell to, you can't just sell it back to the exchange. Trading doesn't work like that.

Weatherby

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I am holding bitcoin because i can see the potential behind the coin and there are a few hurdles to be sorted out regarding the transaction speed but when it comes to alt coins almost all of them have non sustainable features and the risk in investing for the long term is a huge risk as there are assets and coins in the alt coin sector and i would not risk my money in the long term with alt coins,but i would take some risk when it comes to bitcoin.

Topic: Bitcoin vs altcoins, will they survive? - page 4. (Read 4023 times)