Topic: Do you see alts have chances against Bitcoins? - page 24. (Read 51088 times)
If a large number of retailers agreed to accept Altcoins, then it would be the gradual increase in the usage and demand of the Altcoin. Therefore, at some point, Altcoin may compete with Bitcoin.
High fees is one of the biggest downside of bitcoin for a long time. Even I have a hard time to decide whether to make a transaction or not. However, bitcoin has maintained its value for many years. Just like what you've said, it has stability in its growth which entices more people to invest to it. As long as the value of bitcoin is as high as it is now, or even grow for the coming years, I don't see altcoins replacing bitcoin on top of the list of best cryptocurrencies.
I still don't know why the Core is so hell bent against increasing the block size. Just a few hours ago, I read an article in Coindesk which claimed that the BCH block size may be increased again next year. Good for BCH, I'd say. The core is killing the Bitcoin indirectly through the astronomic transaction fee.
It is true that you say, maybe if in terms of cost for BCH transactions there is still a chance to beat bitcoin.
I think BCH is more developed than BTC if you can realize that. BTC has slow confirmation unless you have a good fee to pay for the miners. While this is the features of BCH :
Fast: Transactions are completed in seconds and confirmed within minutes.
Reliable: The BCH network runs without congestion, and is scalable to handle further demand in the future.
Low Fees: Send money globally for pennies.
Simple: Easy to use, regardless of your level of experience with cryptocurrencies.
Stable: It’s a payment system that functions as a proven store of value.
Secure: Bitcoin Cash relies on the bitcoin blockchain (a forked version), described as the “world’s most robust blockchain technology.”
I am not siding with BCH, because I know that it is an altcoin that is said to replace bitcoin, but BCH will always be and always be an altcoin, it will never be bitcoin despite it's development.
If there is a coin that closes the weakness of bitcoin(mostly in the mining fees), it could be that altcoin has a chance to beat bitcoin in the future.
Because definitely, bitcoin is not always in its "golden age" for the next decade..
I think so, Altcoins are another popular coins that have a potential to have a value as equal to Bitcoin. But as of now, it has no chance to exceed in Bitcoin or maybe it has but it's just a little chance. Like what you said, maybe in the future, it will replace Bitcoin in number one. Well, there's always a chance given to everyone to be on top and who knows that future is for altcoins.Because definitely, bitcoin is not always in its "golden age" for the next decade..
The trust is really hard to take away but it's still good to see that there are some altcoins whom we can transact at a very cheap price, as long as the entire crypto market is healthy, it will benefit us and we should not be thinking of replacing bitcoin to the top.
i know i always say that bitcoin is more currency than asset but due to these high fees of bitcoin moving towards becoming a total asset like gold you keep it become more valuable by the time passes,and about the main sideline of the question (about affecting bitcoin dignity if the altcoins rise up) well bitcoin is unique and was the first crypto currency who comes around and all altcoins prices are based on bitcoin price and for this day no one made a coin strong enough to take over bitcoin hard earned place which will happen but i don't know when so in the end having an active market full of altcoins wont affect bitcoin in a bad way for now and i don't think one coin could cover the huge market demand which is increasing day by day
High fees is one of the biggest downside of bitcoin for a long time. Even I have a hard time to decide whether to make a transaction or not. However, bitcoin has maintained its value for many years. Just like what you've said, it has stability in its growth which entices more people to invest to it. As long as the value of bitcoin is as high as it is now, or even grow for the coming years, I don't see altcoins replacing bitcoin on top of the list of best cryptocurrencies.
I still don't know why the Core is so hell bent against increasing the block size. Just a few hours ago, I read an article in Coindesk which claimed that the BCH block size may be increased again next year. Good for BCH, I'd say. The core is killing the Bitcoin indirectly through the astronomic transaction fee.
It is true that you say, maybe if in terms of cost for BCH transactions there is still a chance to beat bitcoin.
If there is a coin that closes the weakness of bitcoin(mostly in the mining fees), it could be that altcoin has a chance to beat bitcoin in the future.
Because definitely, bitcoin is not always in its "golden age" for the next decade..
I think so, Altcoins are another popular coins that have a potential to have a value as equal to Bitcoin. But as of now, it has no chance to exceed in Bitcoin or maybe it has but it's just a little chance. Like what you said, maybe in the future, it will replace Bitcoin in number one. Well, there's always a chance given to everyone to be on top and who knows that future is for altcoins. Because definitely, bitcoin is not always in its "golden age" for the next decade..
If there is a coin that closes the weakness of bitcoin(mostly in the mining fees), it could be that altcoin has a chance to beat bitcoin in the future.
Because definitely, bitcoin is not always in its "golden age" for the next decade..
Because definitely, bitcoin is not always in its "golden age" for the next decade..
High fees is one of the biggest downside of bitcoin for a long time. Even I have a hard time to decide whether to make a transaction or not. However, bitcoin has maintained its value for many years. Just like what you've said, it has stability in its growth which entices more people to invest to it. As long as the value of bitcoin is as high as it is now, or even grow for the coming years, I don't see altcoins replacing bitcoin on top of the list of best cryptocurrencies.
I still don't know why the Core is so hell bent against increasing the block size. Just a few hours ago, I read an article in Coindesk which claimed that the BCH block size may be increased again next year. Good for BCH, I'd say. The core is killing the Bitcoin indirectly through the astronomic transaction fee.
I don't see any chance that the other alts will take the place of bitcoin. Bitcoin firmly took his place. And every day it is becoming more popular. Although there are problems with transactions with bitcoin, but its value is the main thing. People are unlikely invest their money in something too risky, so many people avoid other alts.
Thats true, bitcoin is well established and dominated the markets from its soaring price leading the cryptocurrency. Would you risk your money in alts wherein there is no assurance if you can earn or not? we all know the answer. Thats why bitcoin investors are increasing as well as the value because of the demand.There are few promising alts that might succeed but only time can tell if they can surpass bitcoin in the future.
I have been seeing Bitcoins' price rising with a stability in its growth, but due to the higher mining fee that is being levied on transactions these days, big businesses are now moving their funds towards alts and taking advantage with their least fees as well as shaping a completely new economy in the trends of altcoin markets. Do you think this may harm Bitcoin's dignity and open up a chance in real for alts to rise?
In my opinion , I don't think alts have chances against Bitcoins. Bitcoin will stay on top but alts might try to take its place and we really don't know what the future will bring but so far or as of the present it's a no in my opinion 
I don't see any chance that the other alts will take the place of bitcoin. Bitcoin firmly took his place. And every day it is becoming more popular. Although there are problems with transactions with bitcoin, but its value is the main thing. People are unlikely invest their money in something too risky, so many people avoid other alts.
High fees is one of the biggest downside of bitcoin for a long time. Even I have a hard time to decide whether to make a transaction or not. However, bitcoin has maintained its value for many years. Just like what you've said, it has stability in its growth which entices more people to invest to it. As long as the value of bitcoin is as high as it is now, or even grow for the coming years, I don't see altcoins replacing bitcoin on top of the list of best cryptocurrencies.
I agree, for the past couple of years bitcoin showed the people what it is capable of and how strong it is as a cryptocurrency . It already has the trust of a lot of people all over the world. That is what makes bitcoin better than altcoins because it is the foundation of all cryptos, it will be hard to replace bitcoin on top. I have been seeing Bitcoins' price rising with a stability in its growth, but due to the higher mining fee that is being levied on transactions these days, big businesses are now moving their funds towards alts and taking advantage with their least fees as well as shaping a completely new economy in the trends of altcoin markets. Do you think this may harm Bitcoin's dignity and open up a chance in real for alts to rise?
There are some great alts like ETH and Steem I think will do really wel.
ETH has a cool new kitty game out I see people talking about. Steemit is a great decentralized blogging space where you can make money and earn Steem tokens.
For sure invest some in both of those long term, as they are still quite low on price for what they should be worth years from now.
We cannot control the market about that and we cannot predict what will happen in the future. And how things are going well.
Because market value is not one sided and thats how it works sometimes other coins comes in the top but later it will go down and up again.
But it depends also on those people who still keep supporting and believing and buying this cryptocurrencies
We can say that bitcoin is the most powerful cryptocurrency at this moment and other cryptocurrencies has a low chances to beat bitcoin.
Maybe other saying thats because bitcoin is the first cryptocurrency that made in this world and also bitcoin has done a lot of accomplishment and success to make other peoples have a good future
Because market value is not one sided and thats how it works sometimes other coins comes in the top but later it will go down and up again.
But it depends also on those people who still keep supporting and believing and buying this cryptocurrencies
We can say that bitcoin is the most powerful cryptocurrency at this moment and other cryptocurrencies has a low chances to beat bitcoin.
Maybe other saying thats because bitcoin is the first cryptocurrency that made in this world and also bitcoin has done a lot of accomplishment and success to make other peoples have a good future
High fees is one of the biggest downside of bitcoin for a long time. Even I have a hard time to decide whether to make a transaction or not. However, bitcoin has maintained its value for many years. Just like what you've said, it has stability in its growth which entices more people to invest to it. As long as the value of bitcoin is as high as it is now, or even grow for the coming years, I don't see altcoins replacing bitcoin on top of the list of best cryptocurrencies.
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There is a huge numbers of users using and heavily trading bitcoins daily, Ethereum is a good choice as an altcoin but I don't see it taking over the place of bitcoin at the moment unless there is a huge switch of bitcoin users going into Ethereum suddenly.
Barcode, you're correct due to what happened acouple of weeks when miners switch from bitcoin to bitcoin cash but I don't see any form of switch from bitcoin to any altcoin happening at this moment because bitcoin is off the chain now by going to the mainstream of payment and digital money.
Bitcoin has been here with us for ages with its admirable security who deflects all the attacks it has received throughout the years and the actual things that people have brought with this stands as a proof that Bitcoin is not a scamcoin or anything.
There is such an unnecessary amount of repetitive and ordinary altcoins that speaking in general terms, it would be difficult for most of them to have a great relevance in the world of cryptos in the long term, however the irruption of altcoins such as ethereum have shown that there may be exceptional cases of alternative currencies that may have some good chances of complementing bitcoin, as we all know that as a currency bitcoin is no longer functional, and therefore will always need alternatives for daily use.
for the moment I have not seen any potential Altcoin can rival and even beat the price of Bitcoin,
Bitcoin prices have left all Altcoin prices ...
Bitcoin prices have left all Altcoin prices ...
i don't believe that any other altcoins can challange bitcoin ever but some of them have a good chance and advantage of being as alternative for another investment opinion.
actually I can imagine as people are paying for goods with ethereum. Its a second strongest cryptocurrency with enough low volatility. Jump to: