Atcoins is already too many on the market.
Altcoins with better perfermance and functions.
But btc still #1 if alts can beat bitcoin its happened 3-4 years ago
Topic: Can too many Altcoin's can become a threat to bitcoin's existence - page 4. (Read 2584 times)
October 15, 2018, 01:07:13 AM
October 15, 2018, 12:52:01 AM
I don't think it will affect Bitcoin negatively since altcoins will also use Bitcoin as one of the trading pair in crypto exchange this may help increase the demand for Bitcoin. And altcoins has usually unique service that may not hinder the growth of Bitcoin so for me the effect maybe more on positive rather than the negative side.
October 15, 2018, 12:50:47 AM
Not yet, how much altcoin listed at the exchange market will no have effect for bitcoin it self, bitcoin could stand by self and make how altcoin price, when bitcoin on fire altcoin will be pump and at higher price.
October 15, 2018, 12:25:20 AM
I think the altcoins cannot affect bitcoin as they are by far less popular and the liquidity is too low. What can really harm bitcoin is that if a big country issue its own cryptocurrency and gives it the same legal acceptance as its own currency. But it should be very unlikely.
October 14, 2018, 10:22:55 PM
I don't think there is any threat anywhere that can affect Bitcoin. For now there is not one that can do that. I am saying its not possible but presently, its far fetched. The king Is still on the throne.
October 14, 2018, 09:29:51 PM
This was in my mind also. I think it has an impact to bitcoins price since the more altcoins being produced in market the more the volume of crypto investors be divided.Hoping there will be a halt on producing tokens everday.
October 14, 2018, 09:10:27 PM
I don't believe so - alternatively, I believe that bitcoin is a threat to altcoins. In an area that outsiders are already wary about (until they jump in and invest), bitcoin is a familiar name that people are more drawn towards whereas all these 'other' altcoins are unknown and appear as even more volatile to many
October 14, 2018, 01:33:08 PM
All possibilities can happen, the existence of a new Altcoin can also threaten bitcoin for the future, but until now I see that the price of bitcoin is still the highest, and I see in the crypto market that bitcoin transactions are still the highest too. This means that until now bitcoin has remained the best and I hope bitcoin will remain the best at any time by always improving the security system and transactions that can make all bitcoin users feel safe and comfortable with bitcoin.
October 14, 2018, 01:13:13 PM
No coin is a threat to bitcoin as bitcoin is the leader of this market and every new or old coin follow it. Many altcoins will disappear in future which are a pump and dump coins but bitcoin will survive forever.
October 14, 2018, 12:15:12 PM
I think it is not possible. I don't see any of them becoming a big threat to bitcoin. Bitcoin has a very strong influence on market prices. I saw if the price of bitcoin fall, then altcoins price also fall. If the price of bitcoin increases then altcoins price also increase. So we can say that bitcoin is life for all altcoins if bitcoin dies then all altcoins will die. And there is no need to worry about bitcoin because bitcoin stands on its own.
October 14, 2018, 10:56:50 AM
More and more ICO projects are coming based on many major currencies and specially in this year the trend increased rapidly with many reputed organizations that are in various industries and trades decided to start there own digital currency to make there business more effective and efficient in order to gain more profit.
Can these new launching Altcoin's make a negative impact on bitcoin's expansion in the future because we all know in order to increase the demand, usability and accessibility of bitcoin it should be widely use in most business areas but if Altcoin's take these opportunities how it can achieve its vision to become a widely used digital currency
Can these new launching Altcoin's make a negative impact on bitcoin's expansion in the future because we all know in order to increase the demand, usability and accessibility of bitcoin it should be widely use in most business areas but if Altcoin's take these opportunities how it can achieve its vision to become a widely used digital currency
I dont see it happening,that too many altcoins endanger Bitcoin.On the contrary,most of the altcoins and thier projects will die,as most of them money grabs,and have no practical use or reason to exist.
On the other hand,too many altocins can endanger good ICO projects,simply because too many projects,and investor are too deluted over so many different projects,ao i think thats the bigger danger,but that will be sorted too i think.
October 14, 2018, 10:36:58 AM
Even the most potential ICO's cant beat bitcoin. Bitcoin is the beginning of everything. Just like the scenario as of this time, when bitcoin dips, altcoins does also. Bitcoin really affects any othe altcoins. So if there is no bitcoin, there will be no altcoins too. 
October 14, 2018, 09:27:54 AM
in the decentralised economy there is no limit or control for creating altcoins there can we any number of altcoins but still bitcoin is unaffected in near future we can see strong bitcoin like before
October 14, 2018, 09:11:13 AM
There is more and more kind of altcoin in the market , it can decrease the marketshare of bitcoin, but I ave strong belief that bitcoin play an important role and have huge impact on coin digital
October 14, 2018, 09:00:23 AM
More and more ICO projects are coming based on many major currencies and specially in this year the trend increased rapidly with many reputed organizations that are in various industries and trades decided to start there own digital currency to make there business more effective and efficient in order to gain more profit.
Can these new launching Altcoin's make a negative impact on bitcoin's expansion in the future because we all know in order to increase the demand, usability and accessibility of bitcoin it should be widely use in most business areas but if Altcoin's take these opportunities how it can achieve its vision to become a widely used digital currency
Can these new launching Altcoin's make a negative impact on bitcoin's expansion in the future because we all know in order to increase the demand, usability and accessibility of bitcoin it should be widely use in most business areas but if Altcoin's take these opportunities how it can achieve its vision to become a widely used digital currency
I think altcoins can do no harm to bitcoin because the value of bitcoin is very far from the altcoin even the top 2 in the market cap would have a hard time to reach the value of bitcoin. Maybe in the future there could be altcoin can replace bitcoin but definitely it would take so many years before it would happen.
October 14, 2018, 08:53:12 AM
More and more ICO projects are coming based on many major currencies and specially in this year the trend increased rapidly with many reputed organizations that are in various industries and trades decided to start there own digital currency to make there business more effective and efficient in order to gain more profit.
Can these new launching Altcoin's make a negative impact on bitcoin's expansion in the future because we all know in order to increase the demand, usability and accessibility of bitcoin it should be widely use in most business areas but if Altcoin's take these opportunities how it can achieve its vision to become a widely used digital currency
Can these new launching Altcoin's make a negative impact on bitcoin's expansion in the future because we all know in order to increase the demand, usability and accessibility of bitcoin it should be widely use in most business areas but if Altcoin's take these opportunities how it can achieve its vision to become a widely used digital currency
I think altcoins can do no harm to bitcoin because the value of bitcoin is very far from the altcoin even the top 2 in the market cap would have a hard time to reach the value of bitcoin. Maybe in the future there could be altcoin can replace bitcoin but definitely it would take so many years before it would happen.
October 14, 2018, 08:50:39 AM
More and more ICO projects are coming based on many major currencies and specially in this year the trend increased rapidly with many reputed organizations that are in various industries and trades decided to start there own digital currency to make there business more effective and efficient in order to gain more profit.
Can these new launching Altcoin's make a negative impact on bitcoin's expansion in the future because we all know in order to increase the demand, usability and accessibility of bitcoin it should be widely use in most business areas but if Altcoin's take these opportunities how it can achieve its vision to become a widely used digital currency
Can these new launching Altcoin's make a negative impact on bitcoin's expansion in the future because we all know in order to increase the demand, usability and accessibility of bitcoin it should be widely use in most business areas but if Altcoin's take these opportunities how it can achieve its vision to become a widely used digital currency
I don't think so mate, in fact, some altcoins or majority of them I think in my perception bitcoin is there reference in some other ways. It shows only that the system of bitcoin has a big impact into business industry, especially in the blockchain technology. Though, we all know that Bitcoin is the Father or mother of crypto currency, so meaning none of the crypto's don't have a capacity in our time to surpass it.
October 14, 2018, 08:27:14 AM
Yes it is threatening the bitcoins value.
There is possibility of bitcoins become useless . Because of so many altcoins the we can use instead of bitcoin and more affordable than BTC .
I do not think so. The huge number of different cheap tokens is the proof that no one of them can ever replace Bitcoin. They are not a threat for the cryptocurrency #1.There is possibility of bitcoins become useless . Because of so many altcoins the we can use instead of bitcoin and more affordable than BTC .
October 14, 2018, 06:48:59 AM
Yes it is threatening the bitcoins value.
There is possibility of bitcoins become useless . Because of so many altcoins the we can use instead of bitcoin and more affordable than BTC .
I do not think so. The huge number of different cheap tokens is the proof that no one of them can ever replace Bitcoin. They are not a threat for the cryptocurrency #1. There is possibility of bitcoins become useless . Because of so many altcoins the we can use instead of bitcoin and more affordable than BTC .
October 13, 2018, 05:05:44 PM
To many altcoins are rather a threat to themselves. The gap between bitcoin and the altcoins is such that it will takes many years for any altcoin to get closer to bitcoin. The marketcap (coinmarketcap) is a clear evidence. What should rather concern us is the altcoins are rather competing among themselves and as such making themselves much more worthless except the very few that have distinguished themselves as well new ones that are strong. Therefore, the numerous altcoins, in my opinion, is not a threat to bitcoin.
Jump to: