bitcon will fall under the new altcoin tecnologies ? yes, no coment your opini

garmin

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Quote from: devphp on July 05, 2014, 09:20:33 AM

Quote from: DooMAD on July 05, 2014, 08:46:12 AM

Only if merchants start adopting it and it develops an active economy. It can have as many shiny new features as you care to name, but if people aren't using it, it's never going to overtake BTC.

Well, that's true. Features have to be useful to be used, thank you for posting the obvious

Anyway, what is the most useful feature any coin could have to overtake Bitcoin, if that's possible at all, in your opinion?

An Android wallet is a must! For starters

bathrobehero

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ICO? Not even once.

Quote from: snakesoft33 on July 11, 2014, 07:23:24 PM

IN EVERY ASPECT!!!!!

snakesoft33

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I AM HERE TO SEE THE NEW WORLD ORDER!!!!

Quote from: bathrobehero on July 03, 2014, 11:10:22 AM

Why would it fall and in what sense? Marketcap? Popularity?
Altcoins are traded through bitcoin and there are no groundbreaking altcoin technologies which would make bitcoin obsolete.

IN EVERY ASPECT!!!!!

Bitcoin-hotep

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The reason to make a new one is because there is meant to be an ecosystem.

Coins are not there for new people to find and mine, coins are there to trade for one another and support bitcoin.

NEW coins made (by you) are for you and your friends to mine, or for your school to mine, or for your team to mine, or for your WoW clan to mine, or whatever.
Then those coins are to be traded for other coins and used to support Bitcoin.

DooMAD

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Leave no FUD unchallenged

Quote from: devphp on July 05, 2014, 09:20:33 AM

Quote from: DooMAD on July 05, 2014, 08:46:12 AM

Only if merchants start adopting it and it develops an active economy. It can have as many shiny new features as you care to name, but if people aren't using it, it's never going to overtake BTC.

Well, that's true. Features have to be useful to be used, thank you for posting the obvious

Anyway, what is the most useful feature any coin could have to overtake Bitcoin, if that's possible at all, in your opinion?

Hard to say, really. If Bitcoin remains somewhat reliant on centralised exchanges and another coin manages to find a way to truly decentralise trading, that's certainly a feather in their cap. Bitcoin was supposed to be designed as a peer to peer currency, but effectively that isn't the case and we're doing it wrong compared to the way it was envisioned. But whether that's a feature that would launch a coin beyond Bitcoin's current top spot remains to be seen. Clearly it would be popular with speculators who can hop freely between different cryptocurrency assets at will, but for more casual users it probably won't hold the same appeal. Unless, that is, it somehow finds a way to expedite the transition between fiat and crypto, in which case it could land a heavy blow.

devphp

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Quote from: DooMAD on July 05, 2014, 08:46:12 AM

Only if merchants start adopting it and it develops an active economy. It can have as many shiny new features as you care to name, but if people aren't using it, it's never going to overtake BTC.

Well, that's true. Features have to be useful to be used, thank you for posting the obvious

Anyway, what is the most useful feature any coin could have to overtake Bitcoin, if that's possible at all, in your opinion?

DooMAD

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Leave no FUD unchallenged

Quote from: juicyjuice87 on July 05, 2014, 07:24:07 AM

Quote from: dE_logics on July 05, 2014, 05:52:43 AM

No. Cause the alts are traded in BTC.

Haha very funny. The services and features of NXT are going to change things around here, will be pretty much pointless using btc to trade on exchanges before to long

Only if merchants start adopting it and it develops an active economy. It can have as many shiny new features as you care to name, but if people aren't using it, it's never going to overtake BTC. There's quite a bit of ground to make up in that respect and it's going to take time for that to happen. We'll have to wait and see how that turns out I guess. I suspect most people who claim their preferred alt is going to be the 'next big thing' are only interested in speculating as a commodity, so the need for adoption is probably something that slips their mind.

ChekaZ

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Bitcoin wont fall for any new altcoin, not for the next decade.

juicyjuice87

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Quote from: dE_logics on July 05, 2014, 05:52:43 AM

No. Cause the alts are traded in BTC.

Haha very funny. The services and features of NXT are going to change things around here, will be pretty much pointless using btc to trade on exchanges before to long

J1mb0

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Quote from: mymenace on July 05, 2014, 06:14:12 AM

another analogy

the coin (physical metal coins) is still used today, everything else is built on top of it;

denominations
notes
shares
stocks
payment methods
anonymity (laundering)
digital currency

I thank you. That analogy makes your point as clear as mud.

mymenace

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Smile

another analogy

the coin (physical metal coins) is still used today, everything else is built on top of it;

denominations
notes
shares
stocks
payment methods
anonymity (laundering)
digital currency

sorry had a few, just to clear it up

there is a lot being built on top of bitcoin at the moment like the physical metal coin, but has far more potential and wide reaching areas than the current currency system

just speculating that what new features other coins bring out can be built on top of bitcoin, but there still is a place for altcoins as the denomination of btc, if an alt does overtake btc it will be a while before it does

dE_logics

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No. Cause the alts are traded in BTC.

J1mb0

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Quote from: snakesoft33 on July 03, 2014, 11:00:38 AM

THANKS FOR YOUR VOTE....

KEEP THE COMUNITY STRONG SUPPORT ALTCOINS...............

I guess the question is up to the BitCoin Devs to a large extent.
Given that some of them must be holding $Millions worth I don't see a proportional amount of investment in development. This could well let another (or some other) alts take Bitcoin's crown by stealth.
LiteCoin was another example of this - very little development from people with large holdings of a coin with a capitalisation of $1Billion at one point.

Another factor is relevance. BitCoin is largely irrelevant in the mining world now. It retains relevance as a currency and wealth store by mass uptake alone. However other Alts are currently much better at being currencies and (by virtue of anonimisation and attack resistance) wealth stores. So we shall see. What we do know from Bitcoin is that the first of a kind will almost certainly prevail.

Myself, I have put all my eggs (BTC) into Bytecoin. Not only does it tick the boxes above, it is long established and it is the first of a kind. Also never underestimate the value of a name that is instantly knowable by the mass media and the power of a background story about a birth in the dark net and encrypted books etc etc.

mymenace

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Smile

all these things are already in development around bitcoin

developers are using the btc blockchain to build more and more features to use with btc

btc has a whole new financial economy currently being built right on top

already over 60000 businesses can use payment gateways for instant transactions, etc, etc, etc, etc

example
https://bitcointalk.org/index.php?topic=218516.40 decentralized exchange

4 New Bitcoin Features Revealed by Core Developer Mike Hearn
http://www.cryptocoinsnews.com/news/4-new-bitcoin-features-revealed-mike-hearn/2014/01/24

in the words of the immortal FRY, ..."shut up mike and take my money"...

Quote from: lcharles123 on July 04, 2014, 09:23:02 PM

Quote from: bathrobehero on July 03, 2014, 05:37:04 PM

Quote from: lcharles123 on July 03, 2014, 04:49:09 PM

There are already alts with more Security, fast transations and fair distribuition, etc.

None of that is groundbreaking enough to challenge bitcoin. Not by far, not for years.

Not?
bitcoin is popular, and traded in China, hence huge value, and value does not mean that the coin is better than the other .......
NXT has decentralized exchange.
NEM will have PoI.
Qora promises a lot of things.
There are others like ethereum mastercoin and I do not understand well.
All prove that the PoW bitcoin is outdated, wastes energy, makes centralization (private, which is worse than the public), meritocracy is not always fair.
This world still give many turns. Cool

platorin

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Do you really believe Bitcoin will be overcome by any alt-coin? None of them offers 5% of the innovation the Bitcoin was itself. It's here to stay, and any altcoins you have invested to won't make it that far where Bitcoin did.

bathrobehero

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ICO? Not even once.

Quote from: juicyjuice87 on July 04, 2014, 10:31:15 PM

Your a fool if you think btc is the be all end all of cryptos

Sure it will be replaced, but my guess is that it won't happen for years.

juicyjuice87

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That's makes sense.. Why would anyone want to use something that is the same but different.. Faster, cooler, safer, greener and it's only just the beginning of things. Just needs a little more time. Theres so many stubborn miners and POW fanboys out there atm. In the end they will see the light. Dam, I would rather use the current banking system then btc. Your a fool if you think btc is the be all end all of cryptos

bathrobehero

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ICO? Not even once.

Quote from: lcharles123 on July 04, 2014, 09:23:02 PM

Not?
bitcoin is popular, and traded in China, hence huge value, and value does not mean that the coin is better than the other .......
NXT has decentralized exchange.
NEM will have PoI.
Qora promises a lot of things.
There are others like ethereum mastercoin and I do not understand well.
All prove that the PoW bitcoin is outdated, wastes energy, makes centralization (private, which is worse than the public), meritocracy is not always fair.
This world still give many turns. Cool

I think it's safe to say the best coins are the most popular and most widely accepted ones. And today that title belongs to bitcoin by far.
You can have dozens of altcoins with every one of them having a unique 'next-gen' feature it doesn't matter. None of those features are so good that people are going to dump their bitcoins and there isn't a coin which has all of those features. Sure we have anonimity, faster transaction times, more security and all that stuff but it doesn't matter because bitcoin simply works and in the grand scheme of things those features are just bells and whistles. Bitcoin does what we need it to do and that's it.

sebastien1234

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PR Director@Blockchain Foundry/Co-Founder@Syscoin

Once Syscoin is launched, now that will be a game-changer!

First Bitcoin takes on the banks

Then Syscoin takes on wall-street!

lcharles123

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Quote from: bathrobehero on July 03, 2014, 05:37:04 PM

Quote from: lcharles123 on July 03, 2014, 04:49:09 PM

There are already alts with more Security, fast transations and fair distribuition, etc.

None of that is groundbreaking enough to challenge bitcoin. Not by far, not for years.

Not?
bitcoin is popular, and traded in China, hence huge value, and value does not mean that the coin is better than the other .......
NXT has decentralized exchange.
NEM will have PoI.
Qora promises a lot of things.
There are others like ethereum mastercoin and I do not understand well.
All prove that the PoW bitcoin is outdated, wastes energy, makes centralization (private, which is worse than the public), meritocracy is not always fair.
This world still give many turns. Cool

Topic: bitcon will fall under the new altcoin tecnologies ? yes, no coment your opini (Read 1460 times)