Bitcoin without Altcoin ? - page 26.

Aamir1

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Quote from: noictib on October 18, 2016, 04:26:44 AM

Quote from: OmegaStarScream on November 24, 2015, 12:43:15 PM

I just wanted to get your opinions on this one , what do you think Bitcoin would be if there was no Alternative coins such Litecoin & Dogecoin and the others ...
I mean it would be better with or without them Bitcoin would have no value at all ?

if there will be no altcoin then the option of trading in bitcoin world will not be easy .
and only gambling and faucets site will remain effective in the internet .
so it is better that there is altcoin .

Trading, gambling and faucets are not the only ways in which someone can make bitcoins, there are various other methods for earning bitcoins, though trading alt coins is one of the best ways of earning bitcoins but still if there are no alt coins, bitcoin will still be the same, maybe sadden the traders somehow.

Golftech

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Quote from: BlueStackz on October 18, 2016, 05:01:09 AM

Quote from: Viyamore on October 18, 2016, 04:36:56 AM

Quote from: BitcoinPC on October 15, 2016, 07:49:39 AM

Well, i think Altcoin is made because it give us short way to make bitcoins, you can say that altcoin is a way to reach the bitcoin. Although bitcoin is original crypto currency and altcoin is a copy of bitcoin. But both are important in its own ways and also both give us profit.

Hmm..bitcoins can stand alone and we can still earn bitcoins without altcoins . Yes both bitcoins and altcoins have different ways and have their own uses in the market .if we reverse altcoins without bitcoins ,i think altcoins cn't stand alone because if bitcoins don't exist altcoins will have a hard time to be popular as bitcoins now.

But being an altcoin trader, I am highly dependent on alternate crypto currencies to make possibility of earning bitcoins. I agree, it is just one of the application of bitcoin system that I'm using for my earning purposes. Fundamentally bitcoin does not need any other altcoins for its growth and survival.

thats right bitcoin is not relying with any alt it is the alt relied on it since adoption is already on it bitcoin can survive even there's no alt which supporting it, the process of using bitcoin is enough to use into cryptocurrency.

BlueStackz

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Quote from: Viyamore on October 18, 2016, 04:36:56 AM

Quote from: BitcoinPC on October 15, 2016, 07:49:39 AM

Well, i think Altcoin is made because it give us short way to make bitcoins, you can say that altcoin is a way to reach the bitcoin. Although bitcoin is original crypto currency and altcoin is a copy of bitcoin. But both are important in its own ways and also both give us profit.

Hmm..bitcoins can stand alone and we can still earn bitcoins without altcoins . Yes both bitcoins and altcoins have different ways and have their own uses in the market .if we reverse altcoins without bitcoins ,i think altcoins cn't stand alone because if bitcoins don't exist altcoins will have a hard time to be popular as bitcoins now.

But being an altcoin trader, I am highly dependent on alternate crypto currencies to make possibility of earning bitcoins. I agree, it is just one of the application of bitcoin system that I'm using for my earning purposes. Fundamentally bitcoin does not need any other altcoins for its growth and survival.

Viyamore

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Quote from: BitcoinPC on October 15, 2016, 07:49:39 AM

Well, i think Altcoin is made because it give us short way to make bitcoins, you can say that altcoin is a way to reach the bitcoin. Although bitcoin is original crypto currency and altcoin is a copy of bitcoin. But both are important in its own ways and also both give us profit.

Hmm..bitcoins can stand alone and we can still earn bitcoins without altcoins . Yes both bitcoins and altcoins have different ways and have their own uses in the market .if we reverse altcoins without bitcoins ,i think altcoins cn't stand alone because if bitcoins don't exist altcoins will have a hard time to be popular as bitcoins now.

ObscureBean

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Quote from: Next BillG on October 18, 2016, 04:10:33 AM

Quote from: klopcoin on October 15, 2016, 08:54:26 AM

Quote from: clickerz on October 15, 2016, 03:09:30 AM

Quote from: goinmerry on October 12, 2016, 11:24:44 PM

I dont think it will have something to do with bitcoin. Even if an altcoin is deleted the bitcoin that was used to buy those coins will be on its owner. So still those bitcoins are existing. They will use it again to create another scam coin.

Seems its happening now. Though altcoin is also a good one having side by side with bitcoin for transaction but there are also altcoins who were created without purpose just to scam and collect bitcoins.This scheme ongoing for sometime now.Just be aware of any altcoin to support. Always research and investigate.

Bitcoin do not need altcoin to still alive. We must be extra aware with any investment in altcoin, I think there is a chance to get profit but also a risk.

Some people buy the bitcon directly with the fiat. Some other people buy the bitcoin using the altcoin.

Altcoins contribute a lot of Bitcoin's popularity and value. The hundreds of altcoins out there are all traded against BTC and a big number of altcoin miners mine altcoins only to convert them to Bitcoin. Then you have the fact that most exchanges that allow USD-BTC trades require that you verify your identity which is not ideal for many people. You don't have to reveal your identity when converting altcoins to Bitcoin.

noictib

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Quote from: OmegaStarScream on November 24, 2015, 12:43:15 PM

I just wanted to get your opinions on this one , what do you think Bitcoin would be if there was no Alternative coins such Litecoin & Dogecoin and the others ...
I mean it would be better with or without them Bitcoin would have no value at all ?

if there will be no altcoin then the option of trading in bitcoin world will not be easy .
and only gambling and faucets site will remain effective in the internet .
so it is better that there is altcoin .

Next BillG

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Quote from: klopcoin on October 15, 2016, 08:54:26 AM

Quote from: clickerz on October 15, 2016, 03:09:30 AM

Quote from: goinmerry on October 12, 2016, 11:24:44 PM

I dont think it will have something to do with bitcoin. Even if an altcoin is deleted the bitcoin that was used to buy those coins will be on its owner. So still those bitcoins are existing. They will use it again to create another scam coin.

Seems its happening now. Though altcoin is also a good one having side by side with bitcoin for transaction but there are also altcoins who were created without purpose just to scam and collect bitcoins.This scheme ongoing for sometime now.Just be aware of any altcoin to support. Always research and investigate.

Bitcoin do not need altcoin to still alive. We must be extra aware with any investment in altcoin, I think there is a chance to get profit but also a risk.

Some people buy the bitcon directly with the fiat. Some other people buy the bitcoin using the altcoin.

klopcoin

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Quote from: clickerz on October 15, 2016, 03:09:30 AM

Quote from: goinmerry on October 12, 2016, 11:24:44 PM

I dont think it will have something to do with bitcoin. Even if an altcoin is deleted the bitcoin that was used to buy those coins will be on its owner. So still those bitcoins are existing. They will use it again to create another scam coin.

Seems its happening now. Though altcoin is also a good one having side by side with bitcoin for transaction but there are also altcoins who were created without purpose just to scam and collect bitcoins.This scheme ongoing for sometime now.Just be aware of any altcoin to support. Always research and investigate.

Bitcoin do not need altcoin to still alive. We must be extra aware with any investment in altcoin, I think there is a chance to get profit but also a risk.

qiwoman2

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I really like altcoins, of course there are to many scam developers around and nasty whales and I have been burnt by both but that does not mean that digital currencies are bad and I think they are now a solid part of many people's lives and they can do a lot of good if run correctly.

talkbitcoin

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Quote from: BitcoinPC on October 15, 2016, 07:49:39 AM

Well, i think Altcoin is made because it give us short way to make bitcoins, you can say that altcoin is a way to reach the bitcoin. Although bitcoin is original crypto currency and altcoin is a copy of bitcoin. But both are important in its own ways and also both give us profit.

sadly these is true these days mostly.
altcoins are not supposed to be like this. altcoins were created because bitcoin is an open source project under and open source flexible license. so everybody was thinking about making new things and new ways of doing stuff with crypto in the beginning like what litecoin did.
but eventually things became all about the money instead.

BitcoinPC

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Well, i think Altcoin is made because it give us short way to make bitcoins, you can say that altcoin is a way to reach the bitcoin. Although bitcoin is original crypto currency and altcoin is a copy of bitcoin. But both are important in its own ways and also both give us profit.

clickerz

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Quote from: goinmerry on October 12, 2016, 11:24:44 PM

I dont think it will have something to do with bitcoin. Even if an altcoin is deleted the bitcoin that was used to buy those coins will be on its owner. So still those bitcoins are existing. They will use it again to create another scam coin.

Seems its happening now. Though altcoin is also a good one having side by side with bitcoin for transaction but there are also altcoins who were created without purpose just to scam and collect bitcoins.This scheme ongoing for sometime now.Just be aware of any altcoin to support. Always research and investigate.

caxandra

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Bitcoin can very easily last without altcoins since it's the core and it's not dependent on altcoins in anyway, I guess it's just that some BTC will be annoyed since they are using it "and I doubt altcoins will disappear anyway as well", Altcoins can't last without bitcoins since altcoins completely depend on it.

Windpower

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Quote from: haankoammu on September 28, 2016, 09:12:52 AM

Bitcoin would easily persist and remain even if altcoins are no longer used, but the opposite is difficult IMO, Altcoins are so dependent on bitcoin in even there pricing that they need it, BTC would easily maintain itself without altcoins though.

Yeah I would also think so. But I also like altcoin because I can invest my Bitcoin into other coins which sometimes earns me a bit of extra money.

dearbesz1219

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Quote from: OmegaStarScream on November 24, 2015, 12:43:15 PM

I just wanted to get your opinions on this one , what do you think Bitcoin would be if there was no Alternative coins such Litecoin & Dogecoin and the others ...
I mean it would be better with or without them Bitcoin would have no value at all ?

Well, for me in my opinion even altcoin disappear bitcoin will still be exist. Though we know that bitcoin was started without altcoin, only the things without alt it will be hard for the users to buy BTC due to the price is expensive.. But we knew also bitcoin became popular quickly because of altcoin.

goinmerry

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I dont think it will have something to do with bitcoin. Even if an altcoin is deleted the bitcoin that was used to buy those coins will be on its owner. So still those bitcoins are existing. They will use it again to create another scam coin.

madwica

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I think the price not that good like what is current price since there is no competition happens and only bitcoin is on the world of crypto currency, bitcoin will need to be more popular to increase its value and alt coin will be depending on the price of bitcoin.

subhiii

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I see a lot of answers bitcoin can live with itself.

I dont really know much about that because I am still not knowledgeable regarding altcoins. But I know that it all started with bitcoin.

BrewMaster

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Quote from: n691309 on September 30, 2016, 06:56:05 AM

Quote from: dharkmadder on September 30, 2016, 06:51:21 AM

I think bitcoin would be the same and would maintain it's popularity without altcoins and wouldn't have that much of an impact, The opposite is almost impossible IMO at least how we see it right now since altcoins is still priced mostly just for BTC.

I don't think so because without altcoins bitcoinwill jot have this popularity, and start from the forum where most of the activity is focused.

some people seem to forget that bitcoin was first created and when it reached a success level alone all these many many different altcoins started to show up out of nowhere.

so even if they disappear bitcoin will still remain and stay string.

Kasmonian

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Quote from: n691309 on September 30, 2016, 06:56:05 AM

Quote from: dharkmadder on September 30, 2016, 06:51:21 AM

I think bitcoin would be the same and would maintain it's popularity without altcoins and wouldn't have that much of an impact, The opposite is almost impossible IMO at least how we see it right now since altcoins is still priced mostly just for BTC.

I don't think so because without altcoins bitcoinwill jot have this popularity, and start from the forum where most of the activity is focused.

That is right. Many people get the bitcoin by mining the altcoins. Without altcoin, they will not own bitcoin.

Topic: Bitcoin without Altcoin ? - page 26. (Read 67962 times)