Topic: Bitcoin without Altcoin ? - page 11. (Read 67962 times)
Most altcoins are garbage, but there are a few that did advance the blockchain technologies and made us better understanding the cybercurrency. Yet none will ever getting close to bitcoin.
bitcoin need altcoin even bitcoin can be traded in other currency like dollar
its still help the bitcoin in demand bitcoin will not reach this price without altcoin
some altcoin do their own advertising and user will end up investing in bitcoin
because some altcoin is only tradable in bitcoin
Well, bitcoin and altcoin may need each other. without bitcoin, perhaps altcoin enthusiasts for very little, and vice versa, without altcoin, bitcoin prices may not be as high as today. Well, bitcoin and altcoin both need each other, and complement each other. so, without both, may be lacking. its still help the bitcoin in demand bitcoin will not reach this price without altcoin
some altcoin do their own advertising and user will end up investing in bitcoin
because some altcoin is only tradable in bitcoin
Nowadays i don't think if those altcoin can exist without bitcoin because bitcoin can handle itself without this altcoins we can use bitcoin by just trading it into fiat money or by playing it into gambling websites, Altcoin for me is just a alternative rout for bitcoin be exchange to had better profit.
As quoted bitcoin can handle itself without the altcoins, but at the early days of bitcoin existence altcoins helped it grow with potential. Also everything requires competence, same as that competing with altcoins bitcoin grew.
Nowadays i don't think if those altcoin can exist without bitcoin because bitcoin can handle itself without this altcoins we can use bitcoin by just trading it into fiat money or by playing it into gambling websites, Altcoin for me is just a alternative rout for bitcoin be exchange to had better profit.
As quoted bitcoin can handle itself without the altcoins, but at the early days of bitcoin existence altcoins helped it grow with potential. Also everything requires competence, same as that competing with altcoins bitcoin grew.
bitcoin need altcoin even bitcoin can be traded in other currency like dollar
its still help the bitcoin in demand bitcoin will not reach this price without altcoin
some altcoin do their own advertising and user will end up investing in bitcoin
because some altcoin is only tradable in bitcoin
its still help the bitcoin in demand bitcoin will not reach this price without altcoin
some altcoin do their own advertising and user will end up investing in bitcoin
because some altcoin is only tradable in bitcoin
Nowadays i don't think if those altcoin can exist without bitcoin because bitcoin can handle itself without this altcoins we can use bitcoin by just trading it into fiat money or by playing it into gambling websites, Altcoin for me is just a alternative rout for bitcoin be exchange to had better profit.
As quoted bitcoin can handle itself without the altcoins, but at the early days of bitcoin existence altcoins helped it grow with potential. Also everything requires competence, same as that competing with altcoins bitcoin grew.
Since a few years ago bitcoin started getting harder to mine and it started to need more powerful machine to do so, which made its price get even higher , and for many people who were unable to mine or to buy bitcoin , altcoins were the best option , they require less power to mine and are easily exchanged either for money or bitcoin.
Altcoins are here to fill up the gap which will be left by bitcoins. The above mining scenario is one of the practical example.
Altcoins are here to fill up the gap which will be left by bitcoins. The above mining scenario is one of the practical example.
Nowadays i don't think if those altcoin can exist without bitcoin because bitcoin can handle itself without this altcoins we can use bitcoin by just trading it into fiat money or by playing it into gambling websites, Altcoin for me is just a alternative rout for bitcoin be exchange to had better profit.
As quoted bitcoin can handle itself without the altcoins, but at the early days of bitcoin existence altcoins helped it grow with potential. Also everything requires competence, same as that competing with altcoins bitcoin grew.
Though bitcoin does not need any support as it can stand alone.. but for sure alt coins are an alternate support for it as the markets are running because people buy and sell alt coins in order to grow their bitcoins or earn some bitcoins... So alt coins are actually running because of bitcoin and alternatively they are a support for bitcoin.
Nowadays i don't think if those altcoin can exist without bitcoin because bitcoin can handle itself without this altcoins we can use bitcoin by just trading it into fiat money or by playing it into gambling websites, Altcoin for me is just a alternative rout for bitcoin be exchange to had better profit.
As quoted bitcoin can handle itself without the altcoins, but at the early days of bitcoin existence altcoins helped it grow with potential. Also everything requires competence, same as that competing with altcoins bitcoin grew.
Nowadays i don't think if those altcoin can exist without bitcoin because bitcoin can handle itself without this altcoins we can use bitcoin by just trading it into fiat money or by playing it into gambling websites, Altcoin for me is just a alternative rout for bitcoin be exchange to had better profit.
As quoted bitcoin can handle itself without the altcoins, but at the early days of bitcoin existence altcoins helped it grow with potential. Also everything requires competence, same as that competing with altcoins bitcoin grew.
Nowadays i don't think if those altcoin can exist without bitcoin because bitcoin can handle itself without this altcoins we can use bitcoin by just trading it into fiat money or by playing it into gambling websites, Altcoin for me is just a alternative rout for bitcoin be exchange to had better profit.
As quoted bitcoin can handle itself without the altcoins, but at the early days of bitcoin existence altcoins helped it grow with potential. Also everything requires competence, same as that competing with altcoins bitcoin grew.
Bitcoin with few altcoins would have been great, that created an opportunity to trade in the market. But not where we are standing now. We have around 800 odd altcoins which is ruining the market actually. Investments are getting divided in to those 800 altcoins which could have been divided in to few altcoins and bitcoins. If this happened, the bitcoin price would have touched more than 2500 grand.
Nowadays if you have 100 USD to invest, you can make your own coin with the help of a programmer. This is not good and it is attracting the investments which should have been flowed in to bitcoin.
Nowadays if you have 100 USD to invest, you can make your own coin with the help of a programmer. This is not good and it is attracting the investments which should have been flowed in to bitcoin.
No altcoin can defeat bitcoin cause bitcoin is the father of bitcoin. Altcoins too cant just reach near from bitcoin , The second top altcoin cant reach bitcoin , This is why you cant trust altcoins dev if they say that they will beat/defeat bitcoin.
Having this idea is definitely something wrong. crypto-currencies aren't here for a long time and some of them are being developed as It takes time and If you think nothing can surpass bitcoin over the years then you should watch and wait for a disappointment because there are projects such as MaidSafe , ChronoBank and many others that have the ability to succeed.
The most common interaction of bitcoin with alts that I'm seeing is that people are bitcoin to buy alts. Sometimes they would use the profit the gained to buy more bitcoins, sometimes they just convert it to fiat but just stock it in their digital wallet and they'd use that to buy bitcoin again if they feel it's wise to do so. I'm not sure of the extent of interaction between them but I believe it's sizable enough to make some difference.
Other altcoins are competitors to bitcoin. And all of them play their role in all process of bitcoin standing. To me other altcoins are just trying to get the same level as bitcoin. And look - they are also growing in their price, so if you are haven't such money to invest couple thousands $ in bitcoin you may invest in one of other which cost cheap today, but who knows what the price will be in some years.
Altcoin devs say that their coin will compete bitcoin and defeat it but have you seen one that has had an actual success doing so? No. Some are increasing in price, some are decreasing, just the natural thing that happens in every market.
I wouldn't actually look for long term investment in most altcoins because the majority of them are there for the devs to make money. They abandon the project once they've made money and then make another ICO project. Rinse and repeat. That's what's happening. Most coins only stay alive for a month or so and then becomes stable. No noticeable price increase or price decrease going on.
Other altcoins are competitors to bitcoin. And all of them play their role in all process of bitcoin standing. To me other altcoins are just trying to get the same level as bitcoin. And look - they are also growing in their price, so if you are haven't such money to invest couple thousands $ in bitcoin you may invest in one of other which cost cheap today, but who knows what the price will be in some years.
Altcoin devs say that their coin will compete bitcoin and defeat it but have you seen one that has had an actual success doing so? No. Some are increasing in price, some are decreasing, just the natural thing that happens in every market.
I wouldn't actually look for long term investment in most altcoins because the majority of them are there for the devs to make money. They abandon the project once they've made money and then make another ICO project. Rinse and repeat. That's what's happening. Most coins only stay alive for a month or so and then becomes stable. No noticeable price increase or price decrease going on.
Nowadays i don't think if those altcoin can exist without bitcoin because bitcoin can handle itself without this altcoins we can use bitcoin by just trading it into fiat money or by playing it into gambling websites, Altcoin for me is just a alternative rout for bitcoin be exchange to had better profit.
Other altcoins are competitors to bitcoin. And all of them play their role in all process of bitcoin standing. To me other altcoins are just trying to get the same level as bitcoin. And look - they are also growing in their price, so if you are haven't such money to invest couple thousands $ in bitcoin you may invest in one of other which cost cheap today, but who knows what the price will be in some years.
Doge and Trump coins have become a meme and may have brought some users to the bitcoin world through being a meme and kind of a joke, however besides these small things, I doubt the existence of altcoins would make a large impact on the bitcoin world.
Doge has a large community supporting it. But you are missing the point here. You should look at alts which add unique and beneficial features to Bitcoin - like Ethereum and Monero.
These alts make sure that the developers of Bitcoin are on their toes because there is competition.
i'm really confused what is thr purposes of the alternative coins and how this will be invented? and what are the good benefits of this alternatuve coins? 
Some altcoins are created for experimental purpose, to see how people react if this kind of innovation is implemented. They created by cloning or forking chain thru modifying the codes, some starts from scratch but have the other early coins source code as reference.
One of the obvious benefits of alternative coin is experiencing the transaction in more cheaper way and at the same time, it helps promotes bitcoin to people.
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