Bitcoin without Altcoin ? - page 53.

rizkyhiw

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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 ?

bitcoin will going better,very very better. bitcoin ust have like private exhange,just trade bitcoin and other currecny,its sweet.
but the problem is,you will not find any giveaway in other altcoin Grin

michnelli6

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Quote from: extrabyte on March 27, 2016, 08:14:01 AM

Quote from: bob123 on March 27, 2016, 06:01:15 AM

I dont see any reason why Altcoins should influence Bitcoins heavily.
Bitcoin is THE Crpytocurrency. So others wont influence anything (neither positive nor negative).

Bitcoin is the pioneer digital currency and Altcoins have just come after it.
So it is Altcoins cannot survive without bitcoins. Bitcoins don't need any support from Alt coins to remain in the market. In fact, most the the time Altcoins reply on the status of bitcoins to be in the competition.

Yeah, a good point the bitcoin do not depends on altcoin, but it is altcoin and other currencies which are due to bitcoin, one point which I will add is that; if bitcoin did not remain then people will not trust on all other crypto currencies also.

Genius Einstein

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Just asking - what is an altcoin
I think that bitcoin will probably survive without altcoin

Indrawan77

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It will be incomplete, eventhough without altcoin bitcoin price can be up much bigger but without alt coin, bitcoin wont have any rivalry, then people wont try to develop bitcoin any further

jerowacik

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Quote from: nostal02 on March 31, 2016, 12:14:00 AM

Quote from: jkrules on March 30, 2016, 10:22:08 PM

Quote from: knowhow on March 30, 2016, 09:21:43 PM

Altcoins has becames a fast way to make extra bitcoins,meaning to get more bitcoins and people pump them and get out,bitcoin would be better maybe without all altcoins ,but who cant say that havent made a good income at the altcoins?

Without altcoins bitcoin would be very low in activity...Without the massive exposure that altcoins bring from big investors, would set bitcoin back a long way.

The alt coins really made bitcoins worth it for its daily use without alt coins bitcoin trading would be less interesting.

without altcoin everything would be meaningless. bitcoin will not have a good price. bitcoin determination only of the total transaction volume. without altcoin bitcoin is not anything.

nostal02

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Quote from: jkrules on March 30, 2016, 10:22:08 PM

Quote from: knowhow on March 30, 2016, 09:21:43 PM

Altcoins has becames a fast way to make extra bitcoins,meaning to get more bitcoins and people pump them and get out,bitcoin would be better maybe without all altcoins ,but who cant say that havent made a good income at the altcoins?

Without altcoins bitcoin would be very low in activity...Without the massive exposure that altcoins bring from big investors, would set bitcoin back a long way.

The alt coins really made bitcoins worth it for its daily use without alt coins bitcoin trading would be less interesting.

SuperCoinGuy

full member

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Defender of Bitcoin

Altcoins are mostly used for pump and dumps and only a few of them contribute something innovative. Bitcoin will always be the original crypto coin that changed the world.

jkrules

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Quote from: knowhow on March 30, 2016, 09:21:43 PM

Altcoins has becames a fast way to make extra bitcoins,meaning to get more bitcoins and people pump them and get out,bitcoin would be better maybe without all altcoins ,but who cant say that havent made a good income at the altcoins?

Without altcoins bitcoin would be very low in activity...Without the massive exposure that altcoins bring from big investors, would set bitcoin back a long way.

knowhow

hero member

Activity: 560

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Altcoins has becames a fast way to make extra bitcoins,meaning to get more bitcoins and people pump them and get out,bitcoin would be better maybe without all altcoins ,but who cant say that havent made a good income at the altcoins?

cjmoles

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If I begin with the premises that bitcoin began as an experimental project that is continuously evolving and not yet completed then I would have to conclude that alternative chains are a necessary analytical tool in the project's development. There has been an extreme amount of information gathered, analyzed, and tested as a result of the emergence of alternative block chains.

If I begin with the premises that bitcoin is an established currency then I would have to assume that alternative block chains provide an avenue to foster growth within the community. They promote healthy market competition thru which innovation is encouraged. They provide an entry point for adoption. And they create valuable peer to peer networks without which the technology could not be realized.

Altcoins are a natural development of bitcoin and we're gonna have to live with them.

Ardenyham

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Don't Hesitate to Tip me for My Helps and Guides.

Bitcoin in general would be fine without altcoins, bitcoin already was running when there were no altcoins and bitcoin is the base and origin of cryptocurrencies, I don't think it will be the same-way around though, I doubt altcoins could sustain without bitcoin that it can be bought and sold for.

haileysantos95

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Quote from: BlueStackz on March 29, 2016, 02:47:58 AM

Quote from: beerlover on March 28, 2016, 01:00:15 PM

Quote from: Bitcoin Market on March 26, 2016, 12:41:34 AM

Quote from: severaldetails on March 25, 2016, 01:29:23 PM

Bitcoin needs altcoins. Without traders, the community would be much smaller, maybe bitcoin wouldn't have made it till today.

For some people, the main usage of bitcoin is just to trade with other altcoins. Without altcoin, the bitcoin is less useful.

I do not think so. Without all alt coins also, bitcoin will be as much useful as right now. But trading part would be more interesting only with many alt coins. But that does not mean without them bitcoin is less useful.

Yes alt coin will not affect the usage of bitcoin in any means. But they have served to improve the functionality and features of bitcoin in many ways. We always need many alt coins for better bitcoin ecosystem.

Alt coin really helps bitcoin a lot to keep the circulation of bitcoin in the market and helps to keep its price,it would really be boring just to trade bitcoin to dollar and alt coin change that.

BlueStackz

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Quote from: beerlover on March 28, 2016, 01:00:15 PM

Quote from: Bitcoin Market on March 26, 2016, 12:41:34 AM

Quote from: severaldetails on March 25, 2016, 01:29:23 PM

Bitcoin needs altcoins. Without traders, the community would be much smaller, maybe bitcoin wouldn't have made it till today.

For some people, the main usage of bitcoin is just to trade with other altcoins. Without altcoin, the bitcoin is less useful.

I do not think so. Without all alt coins also, bitcoin will be as much useful as right now. But trading part would be more interesting only with many alt coins. But that does not mean without them bitcoin is less useful.

Yes alt coin will not affect the usage of bitcoin in any means. But they have served to improve the functionality and features of bitcoin in many ways. We always need many alt coins for better bitcoin ecosystem.

beerlover

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Quote from: Bitcoin Market on March 26, 2016, 12:41:34 AM

Quote from: severaldetails on March 25, 2016, 01:29:23 PM

Bitcoin needs altcoins. Without traders, the community would be much smaller, maybe bitcoin wouldn't have made it till today.

For some people, the main usage of bitcoin is just to trade with other altcoins. Without altcoin, the bitcoin is less useful.

I do not think so. Without all alt coins also, bitcoin will be as much useful as right now. But trading part would be more interesting only with many alt coins. But that does not mean without them bitcoin is less useful.

Crazygreek

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Quote from: lixer on March 28, 2016, 02:13:22 AM

Quote from: severaldetails on March 25, 2016, 01:29:23 PM

Bitcoin needs altcoins. Without traders, the community would be much smaller, maybe bitcoin wouldn't have made it till today.

Yes trading is a very important part of bitcoin system. It gives more trading volume as well as more community members. I too do agree bitcoin always needs alt coins.

Also agree with you cause always need compare smth to smth and. Same with bitcoin and altcoin altoin. Altcoins trying to be better and it makes community grow.

MedaR

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Trading alts is always more interesting and more fan than bitcoin. You can invest in WARP at 2000 sat and exit at 30000 sat and this is unbelievable. You need Almost whole year of trading with btc/$ to accomplish similar results, (or maybe even more). This is why i love ALTS. But this is not possible without strong Bitcoin.

LegendaryMembership

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for sure almost that people discuss here is about trade, because altcoin traders community is quite big. and where else things that benefit with less risk than trading ?

DimensionZ

sr. member

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Shit, did I leave the stove on?

If there are no alt coins in existence then there would be no trading to and fro and a lot of crypto exchanges will not be what they are today because people will use them only to buy Bitcoin and that's it. To me Bitcoin is like the Sun in our Solar system and all the altcoins are like the planets circling around it. I think all the alt coins are benefitting from Bitcoin's popularity and some of them come closer to it like Ethereum for example Cheesy

lixer

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Quote from: severaldetails on March 25, 2016, 01:29:23 PM

Bitcoin needs altcoins. Without traders, the community would be much smaller, maybe bitcoin wouldn't have made it till today.

Yes trading is a very important part of bitcoin system. It gives more trading volume as well as more community members. I too do agree bitcoin always needs alt coins.

Cynocephalus

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Activity: 119

Merit: 100

Many coins have very good ideas, and many wallets are actually much better than bitcoin wallet. I wonder why btc developers don't have such good ideas? At least they should take best of alts and integrate in bitcoin.

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