Bitcoin will soon be an altcoin - page 2.

Bezobraznike

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Quote from: redhack on June 13, 2017, 07:09:16 AM

LOL. Altcoin means alternative coin. Alternative to Bitcoin. Bitcoin is not an altcoin and can never be an altcoin. Get your facts straight. Even if Ethereum prices surpass Bitcoin it won't make Bitcoin an altcoin. Ethereum has a lot of weaknesses, too much premine and instamine coins and central authority (aka Vitalik Buterin). Look how they forked the coin but original chain ETC still survived.

From all the comments I pulled out yours, cause looks like you know what you are talking about , and your comment have a logic that I can follow. Can you tell us more about this weaknesses, why premine and instamane coins are bad? And does this mean that central authority, this Vitalik, can decide to run away with everything when he decide so? I just checked etc is much cheaper then eth, why if etc is better coin?

Emperor of Man

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Technologically both of them, BTC and ETH are inferior to waves or probably many other cryptos. The last day's ETH disaster when bancor ICO happened proves it.

And right, the time would finally come for BTC to retire from the king position and surrender it to some other crypto. Which one? Let's wait and see.

davhek

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Quote from: jeffthebaker on June 13, 2017, 02:46:07 PM

Ethereum is about to pop, and come crashing down with the rest of the alt market. Ethereum has no real use outside of distributing other shitcoins in ICOs and whatnot. Everyone recognizes Ethereum doesn't even stand up to the real world implementations that Bitcoin boasts. Put your short positions in so you can cash in big.

Totally agree with you. Huge amount of ICOs. pumped the price. Just imagine when some of them start offloading .. the price is gonna crash immediatelly

jeffthebaker

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Ethereum is about to pop, and come crashing down with the rest of the alt market. Ethereum has no real use outside of distributing other shitcoins in ICOs and whatnot. Everyone recognizes Ethereum doesn't even stand up to the real world implementations that Bitcoin boasts. Put your short positions in so you can cash in big.

davhek

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Quote from: Mr.Joshua on June 13, 2017, 01:28:33 PM

Ethereum is a replacement to bitcoin, but its price is being pumped by ICOs.

Truth is the price is pumped cause of the ICOs but Ethereum is not competition to BTC at all. It is like comparing car and a plane, both have their purpose

Mr.Joshua

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Ethereum is a replacement to bitcoin, but its price is being pumped by ICOs.

LiftOff1969

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You had me at thanks...

Quote from: canvan on June 13, 2017, 01:24:28 PM

ETH fans will cling to ETH and BTC fans to BTC. Its highly likely at the current trend that bitcoin will take the second spot in market cap and perhaps later even in real usage but I won't call it an altcoin because it will always have a dedicated spot in the cryptoworld.

So the mindset of every negative BTC Blockchain person here is "Even though Bitcoin was made first and is the major player we will call it an altcoin one day".... that does not make any sense whatsoever.

CraigWrightBTC

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No, i don't think bitcoins will be an altcoin soon, bitcoins is bitcoins even the marketcap ethereum is more high than bitcoins
bitcoins could survived for long time and it is older of digital coins, ethereum is an altcoin although the marketcap increased up more than bitcoins, it is still new an altcoin and doesn't mean will be survive for long time.

canvan

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ETH fans will cling to ETH and BTC fans to BTC. Its highly likely at the current trend that bitcoin will take the second spot in market cap and perhaps later even in real usage but I won't call it an altcoin because it will always have a dedicated spot in the cryptoworld.

LiftOff1969

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You had me at thanks...

Bitcoin is holding its initial idea, you say it is slow but it was done like that on purpose, speeding things up will most likely decrease its value like what most of the Core and Original Adopters think will happen if trying to simplify the network.

Baofeng

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Quote from: EXtremeAEX on June 13, 2017, 09:29:39 AM

I have to agree with you that Bitcoin transactions are a problem, and along with its fees too. It is possible that some altcoins may rise up with better features and replace Bitcoin. Ethereum may be good, but it is a relatively new altcoin, so it is still in development and gaining popularity. i bet 99% of Bitcoin users don't have ETH at all.

Bitcoin cannot be used for micro transactions, due to the high fees now. I don't see why Bitcoin should be used for these though, cash and PayPal are fine for now, and to use Bitcoin/Altcoin would be even more troublesome, honestly. Undecided

Bitcoin may become obsolete, but not now.

This. The only issue with bitcoin right now is the high transaction fee. If this can be resolved, then bitcoin can really launch and go to the moon. Currently, ETH is also enjoying a price surge, my only worry is that it is being pump really hard right now, and ICO's and Crowdsale now has an option to invest with ETH. But I don't think it can overtook bitcoin now. Well its possible, but it will took ETH a couple of years, IMHO.

wnfmzm74

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yeah,I agree with you!
the bitcocin like a old now!move slow,and more and more altcoin can replace it even
it had became a investment but not a way to pay now
regard it as the gold!

Pfizer

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That's just funny to say bitcoin will be altcoin. You're totally blinded with pumped ethereum prices. Don't forget that the capital fill exit from ethereum and move into bitcoin.

Zicadis

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Dump it!!!

Quote from: niokobo on June 13, 2017, 06:58:43 AM

Bitcoin turned into absolutle BS, it is slow it cant keep up with transactions and it looses more and more to Ethereum

I guess you can't say the same about other altcoins that have not been tested to full capacity, at least bitcoin is still holding on for ~9years straight

Quote from: niokobo on June 13, 2017, 06:58:43 AM

I dont like ethereum that much either anymre since this piece of shit putin endorses it but its seems to be by far the best thing that is going on in Crypto

Bitcoin was cool, like 5 years ago but now noone wants to fuck with bitcoin anymore, even all the big darknet marketplaces are now using more and more altcoins because the shity bitcoin is not compatible anymore.

If users are trying other crypto technologies this is good as it sends out a strong message to the developers to make bitcoin great again and win its followers back again.

Quote from: niokobo on June 13, 2017, 06:58:43 AM

Bitcoin will go up to 3000 again and all the whales sell this shit for ethereum

Bitcoin is History
-snip-

3000 dollars is not the optimal price other whales are still waiting for higher prices and bitcoin is still the pioneer of future money, not yet history!

ngerok

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Quote from: Nanda Dewi277 on June 13, 2017, 09:27:30 AM

Quote from: ngocbkcse on June 13, 2017, 08:36:19 AM

Quote from: Willitivity on June 13, 2017, 08:27:35 AM

Bitcoin have come a very long way and can never become an Altcoin, it still remains the king of crypto currencies.
Remember all other coins are measured in the equivalent to Bitcoin.
Ethereum on the other hand is really moving strong, but I can't see it take over Bitcoin.

I think Ethereum still has a chance, rate near $400 now, it could easily overtake Bitcoin on a market cap if Bitcoin doesn't go to the moon.

I think it is impossible if ETH will overtake BTC, just look at market price if bitcoin rise then altcoin price will much go down

Is that true? I think it could happen ETH will outperform Bitcoin. Just look at bitcoin also never have no price.

EXtremeAEX

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I have to agree with you that Bitcoin transactions are a problem, and along with its fees too. It is possible that some altcoins may rise up with better features and replace Bitcoin. Ethereum may be good, but it is a relatively new altcoin, so it is still in development and gaining popularity. i bet 99% of Bitcoin users don't have ETH at all.

Bitcoin cannot be used for micro transactions, due to the high fees now. I don't see why Bitcoin should be used for these though, cash and PayPal are fine for now, and to use Bitcoin/Altcoin would be even more troublesome, honestly. Undecided

Bitcoin may become obsolete, but not now.

Nanda Dewi277

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Activity: 784

Merit: 251

Quote from: ngocbkcse on June 13, 2017, 08:36:19 AM

Quote from: Willitivity on June 13, 2017, 08:27:35 AM

Bitcoin have come a very long way and can never become an Altcoin, it still remains the king of crypto currencies.
Remember all other coins are measured in the equivalent to Bitcoin.
Ethereum on the other hand is really moving strong, but I can't see it take over Bitcoin.

I think Ethereum still has a chance, rate near $400 now, it could easily overtake Bitcoin on a market cap if Bitcoin doesn't go to the moon.

I think it is impossible if ETH will overtake BTC, just look at market price if bitcoin rise then altcoin price will much go down

renes

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Bitcoin's owner is everyone and is cannot be managed by one person. Its status is very different from other coins. It has a creator which has not even reveal himself and spend his bitcoins.

ngocbkcse

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Quote from: Willitivity on June 13, 2017, 08:27:35 AM

Bitcoin have come a very long way and can never become an Altcoin, it still remains the king of crypto currencies.
Remember all other coins are measured in the equivalent to Bitcoin.
Ethereum on the other hand is really moving strong, but I can't see it take over Bitcoin.

I think Ethereum still has a chance, rate near $400 now, it could easily overtake Bitcoin on a market cap if Bitcoin doesn't go to the moon.

ActiveP

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Quote from: niokobo on June 13, 2017, 07:26:39 AM

whats the reason to have bitcoin, you cant even make a fast transaction anymore with this garbage coin

and ALL bitcoin business that are popping out are scams and ponzis so whats the fucking use for it?

I always thought beeing decentralized is a god thing but be honest even if its decentralized the ones that have the most coin still run that shit so were is there fair share for the average joe blow

I'll give you a few reasons why.

Bitcoin is decentralised, meaning independent, meaning Vitalik cannot do as he pleases. Or like other major currencies regulated by the banks.

Venture capitalists have poured tons of money into the bitcoin ecosystem. This can only be good for its adoption rate unlike eth.

Just think Argentina, Venezuela, Greece etc. Imagine if most of them held coins instead of their worthless currencies that the bank wouldn't allow them withdraw.

I can go on and on but the fact is that no satoshi no Vitalik.

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