Topic: Can too many Altcoin's can become a threat to bitcoin's existence - page 10. (Read 2584 times)
October 02, 2018, 05:28:01 AM
No, I don't think so at this point. It will be hard to over take the position of bitcoin in the current time unless something comes out in the future that is totally flawless meaning, there will be unlimited supply in mining, a lot safer even if you lose your password, and probably run by AIs but that's not gonna happen until perhaps decades from no so for now, BTC will remain on its position.
October 02, 2018, 04:57:09 AM
Altcoins are not threat to Bitcoin. In fact you can look at them as a healty competition.
It's true that market is very divided and new coins appear all the time, many of them tending to take Bitcoin's place but that is not going to happen because only few altcoins are actually worth mentioning.
So the affect of altcoins on Bitcoin in negative sense is actually zero.
It's true that market is very divided and new coins appear all the time, many of them tending to take Bitcoin's place but that is not going to happen because only few altcoins are actually worth mentioning.
So the affect of altcoins on Bitcoin in negative sense is actually zero.
October 02, 2018, 04:47:39 AM
I think the existence of altcoin can help bitcoin to grow especially for getting more people to come to the cryptocurrency because people will come by reading or watching for the altcoin. The altcoin makes promotion for their project, and people finally found their project and join with the project, and in the end, they will know that bitcoin is the king in the cryptocurrency and this makes them buy bitcoin too.
Many of these tokens are the so-called shitcoins, the alts that will vanish soon, and everybody will forget about their existence. No one new crypto can affect the value of Bitcoin.
Yeah, I know that but some of these shitcoins can give us the opportunity to gain the profit, and I still want to use the coin for a long time until I cannot get that benefits from the coin. I agree that there is no new crypto can beat bitcoin, and I don't think that the altcoin can become a threat to bitcoin because the altcoin is followed what bitcoin did.
October 02, 2018, 04:40:22 AM
I think that the altkoins can not harm the bitcoin either, since the altcoyins are fixed to the ether and the altcones are coins that are used in a particular direction and bitcoin covers all directions
Altcoins will not affect Bitcoin, but it will make Bitcoin more stable. I also have time to look at the chart and see the prices of most Altcoins are also based on the increase of Bitcoin. October 02, 2018, 04:02:43 AM
I think that the altkoins can not harm the bitcoin either, since the altcoyins are fixed to the ether and the altcones are coins that are used in a particular direction and bitcoin covers all directions
October 02, 2018, 03:37:39 AM
No, i don't think so. Bitcoin is too big for altcoin to be a threat to it. Bitcoin and altcoin runs on a two different world in cryptocurrency. And also most of the altcoin really depends on the bitcoin what i mean is that their movement depends on the price of bitcoin because most of the investor are getting their money on bitcoin to invest it to altcoins.
October 02, 2018, 02:44:59 AM
bitcoin now is very popular in the world so. many coin appear just make bitcoin prices go down
No, the great number of these new tokens will never affect Bitcoin's price. Vice versa, BTC can become even more popular and more expensive. Many of the shitcoins will die.
The number of altcoins will not be a threat to bitcoin because bitcoin has become so popular. Every time we talk about crypto currencies, the first thing that comes to our mind, mostly, will be bitcoin. And the reality on the ground to date, even though there have been a lot of altcoins out there, bitcoin remains at the forefront.
October 02, 2018, 02:35:10 AM
bitcoin now is very popular in the world so. many coin appear just make bitcoin prices go down
No, the great number of these new tokens will never affect Bitcoin's price. Vice versa, BTC can become even more popular and more expensive. Many of the shitcoins will die.
October 01, 2018, 08:24:16 AM
I think the existence of altcoin can help bitcoin to grow especially for getting more people to come to the cryptocurrency because people will come by reading or watching for the altcoin. The altcoin makes promotion for their project, and people finally found their project and join with the project, and in the end, they will know that bitcoin is the king in the cryptocurrency and this makes them buy bitcoin too.
Many of these tokens are the so-called shitcoins, the alts that will vanish soon, and everybody will forget about their existence. No one new crypto can affect the value of Bitcoin.
October 01, 2018, 07:16:54 AM
I think the existence of altcoin can help bitcoin to grow especially for getting more people to come to the cryptocurrency because people will come by reading or watching for the altcoin. The altcoin makes promotion for their project, and people finally found their project and join with the project, and in the end, they will know that bitcoin is the king in the cryptocurrency and this makes them buy bitcoin too.
Many of these tokens are the so-called shitcoins, the alts that will vanish soon, and everybody will forget about their existence. No one new crypto can affect the value of Bitcoin.
September 30, 2018, 07:08:24 AM
Apparently what the OP said was true with many altcoins being launched meaning investors' funds would be widespread (not focused on bitcoin). Well if the conditions are really like that, then the decline of investor interest in buying bitcoin too cannot be avoided.
September 30, 2018, 05:18:21 AM
It is impossible. Too may altcoin don't mean that it can threat to bitcoin's existence. The more bitcoin develop, the more altcoin develop but altcoin always depend on the action of bitcoin
September 30, 2018, 03:59:37 AM
bitcoin now is very popular in the world so. many coin appear just make bitcoin prices go down
September 30, 2018, 02:13:15 AM
I think the existence of altcoin can help bitcoin to grow especially for getting more people to come to the cryptocurrency because people will come by reading or watching for the altcoin. The altcoin makes promotion for their project, and people finally found their project and join with the project, and in the end, they will know that bitcoin is the king in the cryptocurrency and this makes them buy bitcoin too.
September 29, 2018, 02:45:12 PM
No, most altcoins are useless and I think that someday they will cost nothing. So they can't affect Bitcoin somehow. Bitcoin is alright 
I believe in the end a lot of cryptocurrencies are going to become worthless but I think the likesame of ETH and BCH will last for a long time. They are all not going to poise any problems to Bitcoins at all but rather they are going to be very reliant on it. 
September 29, 2018, 02:13:08 PM
No way. Maximum alt coin running now in mass marketing & influential marketing. All this altcoin enough path to go to prove , in the meantime BTC will reach far better place.
September 29, 2018, 02:12:25 PM
No, most altcoins are useless and I think that someday they will cost nothing. So they can't affect Bitcoin somehow. Bitcoin is alright
September 29, 2018, 02:10:15 PM
In my opinion, it cannot happen because Bitcoin has a strong influence on the altcoin market and most of the altcoins price depends on bitcoin price moving. Bitcoin is the most popular cryptocurrency and without bitcoin, it is hard to think about altcoins. So I think too many altcoins do not become a threat to bitcoin's existence.
September 29, 2018, 01:59:00 PM
That is not possible that too many Altcoin's can become a threat to bitcoin existence. Bitcoin is the main cryptocurrency and it his own features. All altcoins price are affected by bitcoin. we can not think other altcoins without bitcoin because of bitcoin is the most trustable cryptocurrency in crypto world. So too many Altcoin's cannot become a threat to bitcoin's existence.
September 29, 2018, 01:41:38 PM
If we consider the subject from the point of view of probability theory, then the more altcoins - the higher the chance that there will be an altcoin that can replace bitcoin. But in practice so far it turns out that bitcoin serves as an unattainable standard, which partly affects the cost of altcoins.
Jump to: