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Topic: Bitcoin without Altcoin ? - page 6. (Read 67952 times)

hero member
Activity: 994
Merit: 502
February 10, 2017, 02:53:49 AM
I'm sure, if there is no altcoin then like a man without a woman, bitcoin will die and will not get people interested. Remember, one advantage is the large number of bitcoin altcoin, but I'm sure that one day there will be a coin which replaced the bitcoin.
Agreed, in my view fiat is the man and Bitcoin seems to be the women, and just because of these two several altcoins got into existence. As generations continue one might get overtaken by someone, so possibilities of bitcoin getting replaced by some other coin is possible in the long run.
hero member
Activity: 1190
Merit: 500
February 10, 2017, 02:38:48 AM
Bitcoin without the altcoin is not good and it would never came so far without it for sure...
although alt coins are not necessary for bitcoin but still they are providing a little support to bitcoin. as most of the people like to invest their bitcoins in alt coins and for that reason i think alt coins are important for bitcoin.
I think bitcoin does not need Altcoins but I have no problem with the existence of altcoin. although I am a novice trader, but I had some time to get profit from trading bitcoin- altcoin.
true you can see the early months of bitcoin. there may be no other cryptocurrency than bitcoin, but bitcoin can live and thrive, but with the altcoin of course it would be helpful for bitcoin itself
hero member
Activity: 1022
Merit: 500
February 10, 2017, 02:16:35 AM
Bitcoin without the altcoin is not good and it would never came so far without it for sure...
although alt coins are not necessary for bitcoin but still they are providing a little support to bitcoin. as most of the people like to invest their bitcoins in alt coins and for that reason i think alt coins are important for bitcoin.
I think bitcoin does not need Altcoins but I have no problem with the existence of altcoin. although I am a novice trader, but I had some time to get profit from trading bitcoin- altcoin.
Meaning you are inconsistent for what you are saying, no offense. Bitcoin don't need altcoin, I don't think so, actually bitcoin became popular because of altcoin, why? People or the community here in this industry who don't have a capacity to buy bitcoin directly, there tools to have bitcoin was altcoin, meaning altcoins is the reason why many of the investors has been capable to buy more bitcoins.
hero member
Activity: 1498
Merit: 502
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February 08, 2017, 02:54:20 AM
I'm sure, if there is no altcoin then like a man without a woman, bitcoin will die and will not get people interested. Remember, one advantage is the large number of bitcoin altcoin, but I'm sure that one day there will be a coin which replaced the bitcoin.
there is a lot of good altcoins which gained a lot of value and user's attraction. but I don't think any new coin can replace bitcoin.
miner's won't let it happen. bitcoin is first and the only crypto currency which got that much success.
legendary
Activity: 1736
Merit: 1001
February 08, 2017, 01:42:19 AM
bitcoin without altcoin strong enough bitcoin still valuable but without altcoin we can't trading altcoin it means no exchange no market and no altcoin developer but it will not effect for bitcoin, bitcoin have good value without altcoin
hero member
Activity: 770
Merit: 500
Bazinga!
February 08, 2017, 12:20:29 AM
Alt coins did advance the blockchain technologies in many ways, deepen our understanding of the cybercoins. This in turn help the bitcoin. But bitcoin itself does not really need altcoins.

We may say that bitcoin doesn't really need the help of alt coins. But they are contributing good in the circulation and market of bitcoin. Because they need bitcoin for exchanging it to alt coins and that is making the demand higher of bitcoins. Maybe bitcoin will still stand up without alt coins but that can make the traders sad.  Grin

Bitcoin can stand up by itself but altcoins cannot stand up without the help of bitcoin. You are right.
Altcoins give a big support in the circulation because they give us users 'diversity' especially when we are talking about investments.
For me, we can say 'having no altcoins is not crucial' but 'altcoins are needed' for bitcoin's growth.

i disagree because there is no connection between bitcoin and altcoins and there has never been any. although you can find some rare exceptions such as litecoin being very similar and also having segwit these days, but in total they are not connected.
and for all these years altcoins have been there only to be traded with pump and dumps to help us make more money or bitcoin.
hero member
Activity: 2856
Merit: 541
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February 08, 2017, 12:12:14 AM
Alt coins did advance the blockchain technologies in many ways, deepen our understanding of the cybercoins. This in turn help the bitcoin. But bitcoin itself does not really need altcoins.

We may say that bitcoin doesn't really need the help of alt coins. But they are contributing good in the circulation and market of bitcoin. Because they need bitcoin for exchanging it to alt coins and that is making the demand higher of bitcoins. Maybe bitcoin will still stand up without alt coins but that can make the traders sad.  Grin

Bitcoin can stand up by itself but altcoins cannot stand up without the help of bitcoin. You are right.
Altcoins give a big support in the circulation because they give us users 'diversity' especially when we are talking about investments.
For me, we can say 'having no altcoins is not crucial' but 'altcoins are needed' for bitcoin's growth.

i am agree with drwtsn32, without altcoin, bitcoin can still exist and bitcoin can be traded with fiat or make a payment to buy or pay bills and only few altcoin that could be like bitcoin but the market exchange will use bitcoin rather than altcoin. but altcoin need bitcoin to continue the project and the altcoin price is following with bitcoin price.
full member
Activity: 224
Merit: 100
February 07, 2017, 11:41:25 PM
I'm sure, if there is no altcoin then like a man without a woman, bitcoin will die and will not get people interested. Remember, one advantage is the large number of bitcoin altcoin, but I'm sure that one day there will be a coin which replaced the bitcoin.
sr. member
Activity: 476
Merit: 250
February 07, 2017, 11:04:37 PM
Alt coins did advance the blockchain technologies in many ways, deepen our understanding of the cybercoins. This in turn help the bitcoin. But bitcoin itself does not really need altcoins.

We may say that bitcoin doesn't really need the help of alt coins. But they are contributing good in the circulation and market of bitcoin. Because they need bitcoin for exchanging it to alt coins and that is making the demand higher of bitcoins. Maybe bitcoin will still stand up without alt coins but that can make the traders sad.  Grin

Bitcoin can stand up by itself but altcoins cannot stand up without the help of bitcoin. You are right.
Altcoins give a big support in the circulation because they give us users 'diversity' especially when we are talking about investments.
For me, we can say 'having no altcoins is not crucial' but 'altcoins are needed' for bitcoin's growth.
hero member
Activity: 2912
Merit: 642
February 07, 2017, 10:48:48 PM
Bitcoin without the altcoin is not good and it would never came so far without it for sure...
although alt coins are not necessary for bitcoin but still they are providing a little support to bitcoin. as most of the people like to invest their bitcoins in alt coins and for that reason i think alt coins are important for bitcoin.
I think bitcoin does not need Altcoins but I have no problem with the existence of altcoin. although I am a novice trader, but I had some time to get profit from trading bitcoin- altcoin.
You might doesn't need altcoins personally, but for a sustained growth alternate competence is required. Why should you need bitcoin. It too emerged competing fiat and with its advancement took the position as the head of digital currency. Same is with altcoins bitcoin competes and grows, else we could have never reached the current level.

Yes. Great answer. As of tge competition it really does matter to gain more value. What else is there? Some of those who wants to buy altcoin are going to a bitcoin transaction first. In this event they buy bitcoin and the demand is gettig higher. Imagine if all altcoin will be passing with bitcoin first before they can buy what crypto currency they want. That would really make a big change for its price.
legendary
Activity: 2618
Merit: 1105
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February 07, 2017, 10:44:13 PM
Bitcoin without the altcoin is not good and it would never came so far without it for sure...
although alt coins are not necessary for bitcoin but still they are providing a little support to bitcoin. as most of the people like to invest their bitcoins in alt coins and for that reason i think alt coins are important for bitcoin.
I think bitcoin does not need Altcoins but I have no problem with the existence of altcoin. although I am a novice trader, but I had some time to get profit from trading bitcoin- altcoin.
You might doesn't need altcoins personally, but for a sustained growth alternate competence is required. Why should you need bitcoin. It too emerged competing fiat and with its advancement took the position as the head of digital currency. Same is with altcoins bitcoin competes and grows, else we could have never reached the current level.
sr. member
Activity: 277
Merit: 250
February 07, 2017, 06:06:17 AM
There's no need for different altcoins in my opinion. I think we all shouldn't bother of alts, many of them will eventually be devaluated, when side chain technology is implemented. At the same time I must give credit where the credit is due, some alts may be useful for example Altcoin which will be tested with Segwit before activation on Bitcoin
legendary
Activity: 1330
Merit: 1019
February 07, 2017, 05:55:50 AM
Alt coins did advance the blockchain technologies in many ways, deepen our understanding of the cybercoins. This in turn help the bitcoin. But bitcoin itself does not really need altcoins.

We may say that bitcoin doesn't really need the help of alt coins. But they are contributing good in the circulation and market of bitcoin. Because they need bitcoin for exchanging it to alt coins and that is making the demand higher of bitcoins. Maybe bitcoin will still stand up without alt coins but that can make the traders sad.  Grin
Bitcoin can surely stand up without altcoins, but not same as it is today.
Altcoins also have some credit for this high price of Bitcoin.
hero member
Activity: 686
Merit: 521
February 07, 2017, 05:14:26 AM

Bitcoin without the altcoin is not good and it would never came so far without it for sure...
although alt coins are not necessary for bitcoin but still they are providing a little support to bitcoin. as most of the people like to invest their bitcoins in alt coins and for that reason i think alt coins are important for bitcoin.
You are totally wrong. Altcoin is very important since their dev know how to develop the coin with the new technology based on the blockchain system. Bitcoin is an origin and it is not as strong as other cryptos on the advance technology aspects. Therefore, with altcoin, Bitcoin can know its weakness and dev team will know how to fix Bitcoin appropriately

Altcoins are certainly a  good platform to try out new technologies like litecoin is doing with segwit if the tech works & doesn't centralize cryptos it might get adopted by bitcoin and altcoins make it difficult for regulators to have control of any cryptos for continued their existence.
hero member
Activity: 854
Merit: 500
February 07, 2017, 04:51:01 AM

Bitcoin without the altcoin is not good and it would never came so far without it for sure...
although alt coins are not necessary for bitcoin but still they are providing a little support to bitcoin. as most of the people like to invest their bitcoins in alt coins and for that reason i think alt coins are important for bitcoin.
You are totally wrong. Altcoin is very important since their dev know how to develop the coin with the new technology based on the blockchain system. Bitcoin is an origin and it is not as strong as other cryptos on the advance technology aspects. Therefore, with altcoin, Bitcoin can know its weakness and dev team will know how to fix Bitcoin appropriately
sr. member
Activity: 364
Merit: 250
February 06, 2017, 11:42:58 PM
Bitcoin without the altcoin is not good and it would never came so far without it for sure...
although alt coins are not necessary for bitcoin but still they are providing a little support to bitcoin. as most of the people like to invest their bitcoins in alt coins and for that reason i think alt coins are important for bitcoin.
I think bitcoin does not need Altcoins but I have no problem with the existence of altcoin. although I am a novice trader, but I had some time to get profit from trading bitcoin- altcoin.
sr. member
Activity: 399
Merit: 250
February 06, 2017, 09:43:11 AM
Alt coins did advance the blockchain technologies in many ways, deepen our understanding of the cybercoins. This in turn help the bitcoin. But bitcoin itself does not really need altcoins.
In a way the innovations brought by altcoins may help Bitcoin, but I think these improvements could not be implemented at the moment. In order to be able to implement several of these improvements, it would be necessary to make Bitcoin more efficient in terms of scalability. And I think there's a long way to go to make that happen.
hero member
Activity: 868
Merit: 1003
January 07, 2017, 08:06:28 PM
Alt coins did advance the blockchain technologies in many ways, deepen our understanding of the cybercoins. This in turn help the bitcoin. But bitcoin itself does not really need altcoins.
sr. member
Activity: 462
Merit: 250
January 07, 2017, 07:54:38 PM
Bitcoin without the altcoin is not good and it would never came so far without it for sure...
although alt coins are not necessary for bitcoin but still they are providing a little support to bitcoin. as most of the people like to invest their bitcoins in alt coins and for that reason i think alt coins are important for bitcoin.
member
Activity: 79
Merit: 10
January 07, 2017, 07:29:08 PM
I think competition is always useful. It's good to have alternative crypto currencies. So the crypto money sector has got people's interest. Anyone who wants to convert this interesting digger is making a new crypto money. To me, every new crypto money that comes out actually increases the value of bitcoin.
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