Pages:
Author

Topic: Bitcoin without Altcoin ? - page 4. (Read 67952 times)

full member
Activity: 121
Merit: 100
February 15, 2017, 11:25:29 AM
I think bitcoin will have higher price if there were no altcoins. but then of course that is not going to happen.
full member
Activity: 1428
Merit: 129
The first decentralized crypto betting platform
February 15, 2017, 11:25:03 AM
Altcoins bring activity to Bitcoin because as an investment they are usually exchanged between the altcoins and the (moderately) less volatile Bitcoin, plus all these memecoins get some publicity as it's funny that such as a serious thing (a currency) can be used so easily that it's casual.  That said, Bitcoin would still be thriving without altcoins because Bitcoin is such a controversial idea that it becomes quite well known in itself.
sr. member
Activity: 756
Merit: 251
Sovryn - 300-500% APY on USDT Deposit
February 15, 2017, 10:50:37 AM
i think alt coin help attracting many people into cryptocurrency world and that's a free advertisement for bitcoin. There's so many altcoin without a goal and created solely for the profit, and some of them even designed for a scam attempt which damaged cryptocurrency reputation. Bitcoin can survive without altcoin, but we never know how far bitcoin can reach without the help of altcoin.
hero member
Activity: 735
Merit: 500
February 15, 2017, 10:38:49 AM
when bitcoin prices rises, it's make altcoin price go down and otherwise.
with altcoin this to be an advantage to get bitcoin. thousands of dollars were invested in the trade altcoin every day this matter helps bitcoin grow.
but it can be a problem when there are hundreds of bitcoin invested in altcoin ico scam
hero member
Activity: 924
Merit: 506
February 15, 2017, 10:27:50 AM
All the hopes and wishes people had about bitcoin, all the missed opportunities regarding bitcoin they all manifested as alternative coins. however I hate it when people launch a new coin and they start to pool mining it in the first day, because bitcoin wasn't pool mined for years.
Alts opened the door for scammers but still there are a few that worth to hold like doge and ltc.
hero member
Activity: 1246
Merit: 556
Leading Crypto Sports Betting & Casino Platform
February 15, 2017, 10:20:40 AM
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 ?

it looks like when bitcoin without altcoin it will die because there is no comparison in its exchange, unlike the case when bitcoin bitcoin supported many coins it will be more alive
Yeah, I think the same thing, without altcoins, we wouldn't realise how high bitcoin's value is and that would lead to bitcoin growing slowly and neither competitively nor rapidly. It would be like bitcoin was entering a competition which has no other competitor besides bitcoin, and we would probably have bitcoin with the same price for a long time if other cryptocurrencies didn't show up.
legendary
Activity: 1008
Merit: 1059
February 15, 2017, 09:33:33 AM
I began to think that altcoin important role to play. altcoin may play a role in the development of bitcoin prices. probably about 40%, altcoin make bitcoin prices to be increased. for all users altcoin, role in bitcoin prices
specially those altcoins which done very successful ICO's. they will surely attract lots of people and effect the bitcfoin price a lot.
I think things are already working on their ways.

I do agree that altcoin have important role on attracting people to cryptocurrency but it do bad and at the same time good in Bitcoin economy.  Good because they attract people, bad because most of this ICO are scam so it gives bad reputation[1] to cryptocurrency industry including Bitcoin.  Worst is that these altcoin often declare they are better than bitcoin[2] and at the end scam these unsuspecting people.  Result they also think Bitcoin is also a scam project lol. 

[1] How bad could the reputation of bitcoin be? It's already ruined since from the start. It would be wrong if we pretend as if all those illegal activities aren't happening. But at the same time, it's happening on fiat currency. Nothing to be ashamed of, honestly. All currencies are being used in shady activities.

[2] To some degrees, altcoins are actually better than bitcoins. Transaction time, Price, Date of Launch. Although those doesn't matter, it's still an advantage of altcoins. Transaction time has always been a problem of the majority, and we have SegWit on the way to solve that. Unfortunately, we're still not so sure about it. Using an altcoin can resolve our issues with bitcoin transaction time.

Price of altcoin is more volatile and cheaper. Thus, we can trade it and make bitcoins from it. The date of launch of altcoins are later than bitcoins. You have more chance of having your money increase if you invest in an altcoin than in bitcoins. (But we also have good times with bitcoin when the price increases like crazy. We rarely see that on altcoins nowadays.)
hero member
Activity: 910
Merit: 507
February 14, 2017, 05:23:26 PM
You cannot trade your bitcoin without the prescence of bitcoin because alternative coins itself is your ways to trade bitcoin like in ccex sites offering profitable tradings. Bitcoin is the digital crypto currency which has many alternative coins and those alts were used to trade in the bitcoin markets online, those profits were exchanged again to bitcoin in order to be accumulated to your online wallet balances.
legendary
Activity: 1330
Merit: 1019
February 14, 2017, 05:22:21 PM
I began to think that altcoin important role to play. altcoin may play a role in the development of bitcoin prices. probably about 40%, altcoin make bitcoin prices to be increased. for all users altcoin, role in bitcoin prices
specially those altcoins which done very successful ICO's. they will surely attract lots of people and effect the bitcfoin price a lot.
I think things are already working on their ways.

Ya it is true that not only the ICO but also the other alt coins which are doing good trading in exchanges are also giving bitcoin price fluctuation
altcoin exchanges services, and altcoin trading are playing huge rules for bitcoin. if they wouldn't here I don't know what would be the rate of bitcoin, the demand of bitcoin and the usage of bitcoin. it may be same as today an uselss altcoin is.
sr. member
Activity: 322
Merit: 250
February 14, 2017, 05:19:56 PM
It would be a lot less interesting as we have developped a whole economy of altcoin traders, that brang us big packs of money, that is very welcome !
copper member
Activity: 1050
Merit: 500
February 14, 2017, 04:55:44 PM
I began to think that altcoin important role to play. altcoin may play a role in the development of bitcoin prices. probably about 40%, altcoin make bitcoin prices to be increased. for all users altcoin, role in bitcoin prices
specially those altcoins which done very successful ICO's. they will surely attract lots of people and effect the bitcfoin price a lot.
I think things are already working on their ways.

I do agree that altcoin have important role on attracting people to cryptocurrency but it do bad and at the same time good in Bitcoin economy.  Good because they attract people, bad because most of this ICO are scam so it gives bad reputation to cryptocurrency industry including Bitcoin.  Worst is that these altcoin often declare they are better than bitcoin and at the end scam these unsuspecting people.  Result they also think Bitcoin is also a scam project lol. 
full member
Activity: 173
Merit: 100
February 14, 2017, 03:48:07 PM
I began to think that altcoin important role to play. altcoin may play a role in the development of bitcoin prices. probably about 40%, altcoin make bitcoin prices to be increased. for all users altcoin, role in bitcoin prices
specially those altcoins which done very successful ICO's. they will surely attract lots of people and effect the bitcfoin price a lot.
I think things are already working on their ways.

Ya it is true that not only the ICO but also the other alt coins which are doing good trading in exchanges are also giving bitcoin price fluctuation
hero member
Activity: 1498
Merit: 502
👉bit.ly/3QXp3oh | 🔥 Ultimate Launc
February 14, 2017, 03:45:25 PM
I began to think that altcoin important role to play. altcoin may play a role in the development of bitcoin prices. probably about 40%, altcoin make bitcoin prices to be increased. for all users altcoin, role in bitcoin prices
specially those altcoins which done very successful ICO's. they will surely attract lots of people and effect the bitcfoin price a lot.
I think things are already working on their ways.
hero member
Activity: 868
Merit: 500
February 14, 2017, 01:19:24 PM
People does use altcoins to try to get more bitcoin, and not the reverse, if we havent altcoins maybe bitcoin could be more powerful, imagine all money invested at one single coin, it would be amazingl. But well altcoins has a word to say with somethings that bitcoin cant handle yet like instant transactions, lower fees then bitcoin, the point is bitcoin could be better but altcoins is a jump to get more bitcoin.
sr. member
Activity: 490
Merit: 250
February 14, 2017, 12:51:57 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 ?

it looks like when bitcoin without altcoin it will die because there is no comparison in its exchange, unlike the case when bitcoin bitcoin supported many coins it will be more alive
sr. member
Activity: 1806
Merit: 295
February 14, 2017, 10:39:03 AM
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 ?

Usd will not be strong and durable if playing alone in foreign exchange market. Likewise with bitcoin, will not survive if there is no altcoin as the main support, as well as a small number enumerators for bitcoin.

If bitcoin is not limited in number, then we can argue the coin is able to play alone.
member
Activity: 98
Merit: 10
February 14, 2017, 10:13:26 AM
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 ?
sr. member
Activity: 1176
Merit: 252
February 14, 2017, 09:19:20 AM
I began to think that altcoin important role to play. altcoin may play a role in the development of bitcoin prices. probably about 40%, altcoin make bitcoin prices to be increased. for all users altcoin, role in bitcoin prices
legendary
Activity: 1204
Merit: 1028
February 14, 2017, 09:03:20 AM
There is no comparison and competition surely difficult to judge, I'm sure if not altcoin then bitcoin only traded with price USD so hard looking for profits than trading with altcoin.
yeah. altcoin is all giving use more and more profits, and more and more chances to do work and earn bitcoin. if there would not be altcoins bitcoin would also be useful but not that much as it is now. and also the price won't be that high.
legendary
Activity: 1624
Merit: 2481
February 14, 2017, 08:03:06 AM
If bitcoin without altcoin happened, all people will focus at bitcoin and it also affect the price of bitcoin for sure, because many people not using other altcoin beside the bitcoin itself.

Right I agree with you because not all people use bitcoin and so then cryptocurrency user would mainly focus on bitcoin and then for damn sure bitcoin's price would increase by manifold till date and as well there would be a dull market of cryptocurrency and trading site would be dull without altcoins.

To be honestly, i dont think there are People who use Altcoins without using Bitcoins.. but there are for sure People who own Bitcoins, but dont
have any Altcoins in their Wallets.

But right.. if Altcoins would disappear i guess the Price of BTC would rise dramatically.
Pages:
Jump to: