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Topic: Bitcoin without Altcoin ? - page 9. (Read 67952 times)

hero member
Activity: 868
Merit: 500
January 05, 2017, 08:04:34 AM
In the past and usually a new altcoin is being created with the only purpose to steal our bitcoins, with that said it would be better to have only bitcoin, and it would be more trusted and safe investement. For other side several altcoins as allowed people to get more bitcoin then they could get if were going to buy them, i do believe its a need situation, peoople need altcoins to get easy bitcoins.
hero member
Activity: 826
Merit: 502
January 05, 2017, 08:02:04 AM
Without altcoin, Bitcoin popularity would have been a little less. Trading would have been done between Bitcoin/US dollars and trading volume would have been less when compared to current situation.Earning through mining would have been less and only bitcoin would have been mined instead of altcoins.

Who says bitcoin is popular because alt coins exist? Reality is that alt coins are famous because there is bitcoin. All alt coins are traded against btc because people love bitcoin and they want their bitcoins to grow but they are not interested in alt coins themselves.
That might be true but still there's no particular altcoin that's being introduced to us because we know bitcoins. Like, if you know bitcoin you should know xcoin as well. There's nothing like that but if you know an altcoin, you would eventually find out about bitcoin. Altcoin campaigns are all over facebook and twitter and even non-bitcoin users are getting introduced to it. While I mostly agree with the first guy, I don't think this idea should be debated over. There's no point fighting over who introduced who. I love to think that bitcoins and altcoins are actually like two flowers that grow together and not prevent each other's growth.
sr. member
Activity: 672
Merit: 250
January 03, 2017, 01:49:46 PM
Without altcoin, Bitcoin popularity would have been a little less. Trading would have been done between Bitcoin/US dollars and trading volume would have been less when compared to current situation.Earning through mining would have been less and only bitcoin would have been mined instead of altcoins.

Who says bitcoin is popular because alt coins exist? Reality is that alt coins are famous because there is bitcoin. All alt coins are traded against btc because people love bitcoin and they want their bitcoins to grow but they are not interested in alt coins themselves.
sr. member
Activity: 251
Merit: 250
January 03, 2017, 01:45:01 PM
Without altcoin, Bitcoin popularity would have been a little less. Trading would have been done between Bitcoin/US dollars and trading volume would have been less when compared to current situation.Earning through mining would have been less and only bitcoin would have been mined instead of altcoins.

I know quite a few people sell the altcoin to buy the bitcoin.
sr. member
Activity: 350
Merit: 250
January 03, 2017, 10:36:19 AM
Without altcoin, Bitcoin popularity would have been a little less. Trading would have been done between Bitcoin/US dollars and trading volume would have been less when compared to current situation.Earning through mining would have been less and only bitcoin would have been mined instead of altcoins.
legendary
Activity: 1106
Merit: 1000
January 03, 2017, 09:13:49 AM
in fact, it is very difficult to imagine bitcoin without altcoin. probably about 80% of users bitcoin definitely use altcoin to find additional money. Well, I see that most people of this forum is a trader, and I am sure they are traders of altcoin. so I think, bitcoin will feel less without altcoin.
From what I know, altcoin is not a competition but it's also something that makes bitcoin strong as their system is in relation to bitcoin. They help bitcoin to be introduce to their users as well, they are getting some ideas from bitcoin.

It somehow helps because when someone hears about Altcoins, they'll hear about cryptocurrencies so they'll actually hear about Bitcoin itself. So the more popular these altcoins are getting, more people are going to hear about us too. And we need popularity so the demand and the price will also get higher.

No, people even still haven't familiar with bitcoin, so what an affect of altcoin when people if heard cryptocurrency it's directly to bitcoin, not altcoin.
Yes altcoin can make extra money by doing a trade and sometimes it's also can affect bitcoin price, but the effect is only slightly.
legendary
Activity: 1596
Merit: 1011
January 03, 2017, 09:02:32 AM
in fact, it is very difficult to imagine bitcoin without altcoin. probably about 80% of users bitcoin definitely use altcoin to find additional money. Well, I see that most people of this forum is a trader, and I am sure they are traders of altcoin. so I think, bitcoin will feel less without altcoin.
I agree with you . altcoin use can not be avoided, because bitcoin must have a price comparison and market shares. bitcoin will not have price if no altcoin.
full member
Activity: 168
Merit: 100
January 03, 2017, 08:56:10 AM
If there is only bitcoin on the market, Perhaps Bitcoin will grow up highly and the price can reach 10,000$ already.
However there will not be many choices for crypto currencies.
hero member
Activity: 756
Merit: 520
January 03, 2017, 08:55:33 AM
in fact, it is very difficult to imagine bitcoin without altcoin. probably about 80% of users bitcoin definitely use altcoin to find additional money. Well, I see that most people of this forum is a trader, and I am sure they are traders of altcoin. so I think, bitcoin will feel less without altcoin.
If you are very much into trading alt coin market is a necessary evil and even without all these altcoins we would be trading bitcoin with USD and other currencies and the difference alt coin market did was it game us many options which is really good.

Yup, indeed in the altcoin we can get greater advantage to be able to get more of the bitcoin. In my opinion, altcoin also has a considerable role in the growth of the bitcoin. Because with the advent of altcoin, bitcoin can stay afloat and still can be the best digital currencies. And I hope want to any trading which we do, we should be able to control myself and could analyze the data correctly. For if we cannot do it can be ensured that we got was great loss
 
legendary
Activity: 1918
Merit: 1728
January 03, 2017, 08:43:47 AM
I think your question should be opposite!
Altcoin without Bitcoin?
Presently, Bitcoin acts as a common measure of value for all altcoins.
To Bitcoin, altcoins hardly do anything good!
Bicoin is one man army  Grin
sr. member
Activity: 319
Merit: 250
January 03, 2017, 07:37:12 AM
in fact, it is very difficult to imagine bitcoin without altcoin. probably about 80% of users bitcoin definitely use altcoin to find additional money. Well, I see that most people of this forum is a trader, and I am sure they are traders of altcoin. so I think, bitcoin will feel less without altcoin.
If you are very much into trading alt coin market is a necessary evil and even without all these altcoins we would be trading bitcoin with USD and other currencies and the difference alt coin market did was it game us many options which is really good.
legendary
Activity: 1134
Merit: 1597
January 03, 2017, 06:14:29 AM
in fact, it is very difficult to imagine bitcoin without altcoin. probably about 80% of users bitcoin definitely use altcoin to find additional money. Well, I see that most people of this forum is a trader, and I am sure they are traders of altcoin. so I think, bitcoin will feel less without altcoin.
From what I know, altcoin is not a competition but it's also something that makes bitcoin strong as their system is in relation to bitcoin. They help bitcoin to be introduce to their users as well, they are getting some ideas from bitcoin.

It somehow helps because when someone hears about Altcoins, they'll hear about cryptocurrencies so they'll actually hear about Bitcoin itself. So the more popular these altcoins are getting, more people are going to hear about us too. And we need popularity so the demand and the price will also get higher.
sr. member
Activity: 378
Merit: 250
BULL RUN until 2030
January 03, 2017, 05:13:15 AM
in fact, it is very difficult to imagine bitcoin without altcoin. probably about 80% of users bitcoin definitely use altcoin to find additional money. Well, I see that most people of this forum is a trader, and I am sure they are traders of altcoin. so I think, bitcoin will feel less without altcoin.
From what I know, altcoin is not a competition but it's also something that makes bitcoin strong as their system is in relation to bitcoin. They help bitcoin to be introduce to their users as well, they are getting some ideas from bitcoin.
sr. member
Activity: 1176
Merit: 252
January 01, 2017, 01:46:58 PM
in fact, it is very difficult to imagine bitcoin without altcoin. probably about 80% of users bitcoin definitely use altcoin to find additional money. Well, I see that most people of this forum is a trader, and I am sure they are traders of altcoin. so I think, bitcoin will feel less without altcoin.
hero member
Activity: 938
Merit: 500
January 01, 2017, 12:32:42 PM
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.
That's maybe true in the present because to be highly developed and to rise sky high like bitcoin now, altcoins need to have enough amount of time and draw plenty of attention to grow. But as time passes by, this might no longer true. Nothing can last forever and so does bitcoin, it will surely be replaced by another crypto coins, what's left now is the matter of time.

altcoin is not dependent on Bitcoin and Bitcoin does not depend also to altcoins but  creating an altcoin would be beneficial since you can converts those alts to btc..
so its mean alt coins are depending on bitcoin, to me i think both bitcoin and alt coin are important to each other, to me as i most invest my assets in bitcoin and from there i futher invest my bitcoin into alt coin and same is the reverse procedure when i want to cash out my some money.

Some users does this, but even without altcoin it is possible to convert bitcoin to fiat. When it comes to altcoin, very few can be directly converted to fiat. In my view, trading can be effective with the altcoins but both were not mutually depending. Mostly alts depends for growth.
Altcoin users are mainly the ones who had a bad luck trying to get bitcoin, and they do that because the bitcoin has become very expensive and hard to mine in recent times, so what they do is mine and invest some money into the altcoins and then exchange them into bitcoin as it seems an effective way of acquiring it.

I am also doing this. If altcoins are not existing, I would not have got chances to experience the industry of mining completely because I came to know about mining only in late 2013 at that time itself ASICs started to dominate bitcoin mining.

Altcoins has become a way to increase bitcoin ammount, without it i doubt we will see people complaining and loosing their coins to shitty coins as well, but how to get more bitcoins without altcoins?
 The thing is that trading of crypto currencies is the main source of new bitcoins, as mining now is just for few people, even with cloud mining there is a risk at it.
legendary
Activity: 938
Merit: 1002
January 01, 2017, 12:20:49 PM
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.
That's maybe true in the present because to be highly developed and to rise sky high like bitcoin now, altcoins need to have enough amount of time and draw plenty of attention to grow. But as time passes by, this might no longer true. Nothing can last forever and so does bitcoin, it will surely be replaced by another crypto coins, what's left now is the matter of time.

altcoin is not dependent on Bitcoin and Bitcoin does not depend also to altcoins but  creating an altcoin would be beneficial since you can converts those alts to btc..
so its mean alt coins are depending on bitcoin, to me i think both bitcoin and alt coin are important to each other, to me as i most invest my assets in bitcoin and from there i futher invest my bitcoin into alt coin and same is the reverse procedure when i want to cash out my some money.

Some users does this, but even without altcoin it is possible to convert bitcoin to fiat. When it comes to altcoin, very few can be directly converted to fiat. In my view, trading can be effective with the altcoins but both were not mutually depending. Mostly alts depends for growth.
Altcoin users are mainly the ones who had a bad luck trying to get bitcoin, and they do that because the bitcoin has become very expensive and hard to mine in recent times, so what they do is mine and invest some money into the altcoins and then exchange them into bitcoin as it seems an effective way of acquiring it.

I am also doing this. If altcoins are not existing, I would not have got chances to experience the industry of mining completely because I came to know about mining only in late 2013 at that time itself ASICs started to dominate bitcoin mining.
hero member
Activity: 2912
Merit: 674
December 29, 2016, 10:10:01 PM
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.
That's maybe true in the present because to be highly developed and to rise sky high like bitcoin now, altcoins need to have enough amount of time and draw plenty of attention to grow. But as time passes by, this might no longer true. Nothing can last forever and so does bitcoin, it will surely be replaced by another crypto coins, what's left now is the matter of time.

altcoin is not dependent on Bitcoin and Bitcoin does not depend also to altcoins but  creating an altcoin would be beneficial since you can converts those alts to btc..
so its mean alt coins are depending on bitcoin, to me i think both bitcoin and alt coin are important to each other, to me as i most invest my assets in bitcoin and from there i futher invest my bitcoin into alt coin and same is the reverse procedure when i want to cash out my some money.

Some users does this, but even without altcoin it is possible to convert bitcoin to fiat. When it comes to altcoin, very few can be directly converted to fiat. In my view, trading can be effective with the altcoins but both were not mutually depending. Mostly alts depends for growth.
Bitcoin will be more progressive with altcoins, they are not competing but rather helping each other to build a wonderful crypto world. Nowadays, there are a lot of altcoins created and investors and users have other options whether to use bitcoin or alts or use both.

However, it cannot be denied that bitcoin is the most successful one and a dominant currency but they can all exist without a problem.
hero member
Activity: 2282
Merit: 532
Sugars.zone | DatingFi - Earn for Posting
December 29, 2016, 09:38:48 PM
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.
That's maybe true in the present because to be highly developed and to rise sky high like bitcoin now, altcoins need to have enough amount of time and draw plenty of attention to grow. But as time passes by, this might no longer true. Nothing can last forever and so does bitcoin, it will surely be replaced by another crypto coins, what's left now is the matter of time.

altcoin is not dependent on Bitcoin and Bitcoin does not depend also to altcoins but  creating an altcoin would be beneficial since you can converts those alts to btc..
so its mean alt coins are depending on bitcoin, to me i think both bitcoin and alt coin are important to each other, to me as i most invest my assets in bitcoin and from there i futher invest my bitcoin into alt coin and same is the reverse procedure when i want to cash out my some money.

Some users does this, but even without altcoin it is possible to convert bitcoin to fiat. When it comes to altcoin, very few can be directly converted to fiat. In my view, trading can be effective with the altcoins but both were not mutually depending. Mostly alts depends for growth.
legendary
Activity: 1526
Merit: 1001
December 29, 2016, 09:16:00 PM
It seems the bitcoin no altcoin then it is very unattractive, bitcoin runs itself without anyone being size, this will look like a runner with no competitors.
so true . there will be no comparison nor its varied bitcoin prices. indirectly that the bitcoin prices influenced by altcoin.
newbie
Activity: 7
Merit: 0
December 29, 2016, 09:10:47 PM
It seems the bitcoin no altcoin then it is very unattractive, bitcoin runs itself without anyone being size, this will look like a runner with no competitors.
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