Do you see alts have chances against Bitcoins? - page 32.

BlackRacerX

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Quote from: Stedsm on April 14, 2017, 02:49:21 PM

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?

Maybe. But it's really hard to tell the future of bitcoins specially if it's about who's better than who. It really depends on how much of an impact alt coins make on the total market share of bitcoins. It also helps alt coins if their supply and demand are better than that of bitcoins. The way I see, however, alt coins will have their chance sooner or later. BTC won't always be king, pessimistically speaking.

Ingoats

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Quote from: Stedsm on April 14, 2017, 02:49:21 PM

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 altcoin that has huge potential but Bitcoin have established its dignity as being the no.1 cryptocjrrency for a long period of time. Its community is growing. Its market value is getting more expensive and that's true but unlike what you've said, it is an advantage. It will become a reason that will welcome more users and investors towards it because their profit will be bigger that will also close the door for altcoins to 'defeat' Bitcoin.

szpalata

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Quote from: btcprospecter on October 29, 2017, 06:54:26 PM

Alts all have a potential to be as big as bitcoin none have really come close yet. Bitcoin as is is the best of the lot of them and every alt is valued against it. Bitcoin has the biggest market share.

Well they have the potential but none of them is doing much, the market volume of bitcoin far outweighs them and until probably a better technology comes into effect i don't see any of the existing altcoins overtaking bitcoin.

btcrich

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Quote from: princesocapuyo on October 29, 2017, 09:36:48 AM

The only reason why alts exist because of people that don't understand how it takes time for a network to coordinate a scaling improvement to the network. Once BTC solves it's scaling problems, alts won't exist.

That is not true at all,there are many scam and useless coins but then there are coins used for different things,like if you care about privacy ,as you know it is not the best coin that gives you the privacy,for that you need to use Dash or Monero ,so even if bitcoin solves its scaling problems ,these major coins will be alive.

btcprospecter

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Alts all have a potential to be as big as bitcoin none have really come close yet. Bitcoin as is is the best of the lot of them and every alt is valued against it. Bitcoin has the biggest market share.

pecson134

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Quote from: Stedsm on April 14, 2017, 02:49:21 PM

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?

It is deem possible for a certain altcoin to have a neck to neck battle on bitcoins but it is hard to determine which one had the chance. Maybe today there were few ones which we considered to have potential but still they need ti gain more support in order for them to compete with bitcoins.

FasTroy

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Quote from: Shikaina on October 29, 2017, 06:19:49 PM

There are alternate cryptocurrencies that we know real good to be competitive in value but im sure they are not going to replace bitcoin.

You are right, Currently there is no chance for alternate cryptocurrencies to be against bitcoin, At least in 10 years later, bitcoin will be stronger, and unbeatable in this long period of time, I say that, because nowdays we know that bitcoin is not popular enough, and if it will be more famous, the potential of bitcoin will increase a lot and the price will go to the moon.

Shikaina

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There are alternate cryptocurrencies that we know real good to be competitive in value but im sure they are not going to replace bitcoin.

yoseph

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Quote from: megynacuna on October 29, 2017, 05:18:59 PM

Quote from: LordDisick on October 29, 2017, 03:21:24 PM

There are some alts that has potentials but as of now bitcoin is unbeatable despite of its volatility nature but its still more popular than any coins right now. That's why I can say that alts have no chances against bitcoin as of now.

For me i don't see the current alts have any changes maybe some might come in future with a new or better technology and could give bitcoin a run for its money but for nowe i don't think any of those on the market stand a chance since they are all bitcoin forks.

Until the last bitcoins is mined from the system, I don't think that any alt coins will have the chance to overtake bitcoin for the time being. But after it happens and the last bitcoin is mined, investors are going to go to a new cryptocurrency that may give them the same or more profits than bitcoins.

megynacuna

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Quote from: LordDisick on October 29, 2017, 03:21:24 PM

There are some alts that has potentials but as of now bitcoin is unbeatable despite of its volatility nature but its still more popular than any coins right now. That's why I can say that alts have no chances against bitcoin as of now.

For me i don't see the current alts have any changes maybe some might come in future with a new or better technology and could give bitcoin a run for its money but for nowe i don't think any of those on the market stand a chance since they are all bitcoin forks.

LordDisick

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There are some alts that has potentials but as of now bitcoin is unbeatable despite of its volatility nature but its still more popular than any coins right now. That's why I can say that alts have no chances against bitcoin as of now.

crypto4lambo

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I cant really say that altcoins can surpass bitcoin for now but who knows. Maybe in the near future it can have the chance. But as of now, there’s no way it can be possible. Bitcoin is now the standard of cryptocurrency. It is the most well known cryptocurrency and most used by online retailers. As of this time, bitcoin is the creme of the crop and there’s no way altcoin can beat it. But if I have one altcoin in my mind it would be Ethereum. Besides of being second in cryptocurrency world, it has the factors that can outgrow bitcoin. But for me, Im more confident in using and investing bitcoin. It proved itself many times and make our investment worth it.

princesocapuyo

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The only reason why alts exist because of people that don't understand how it takes time for a network to coordinate a scaling improvement to the network. Once BTC solves it's scaling problems, alts won't exist.

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Quote from: Wexnident on October 29, 2017, 09:21:19 AM

Quote from: Stedsm on April 14, 2017, 02:49:21 PM

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 lots of altcoin that has potential. Altcoins are known for its best on short term investments. Its rate of the increase on its market value is high. PBT, an altcoin have passed the value of Bitcoin before which prives that it has a chance and also, nothing's possible. But if this thing would really happen , surely, it will take more years since bitcoin is becoming more successful in all aspects.

I'm not sure but yes ill able to see that as well before an alt coins got a high value after reaching exchange but haven't take that long, bitcoin already proven itself and its really a long time before we can see another coin that will surpass bitcoin unless the team behind bitcoin will continue becoming greedy and keep doing some fork and newer coins out from bitcoin.

Wexnident

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Quote from: Stedsm on April 14, 2017, 02:49:21 PM

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 lots of altcoin that has potential. Altcoins are known for its best on short term investments. Its rate of the increase on its market value is high. PBT, an altcoin have passed the value of Bitcoin before which prives that it has a chance and also, nothing's possible. But if this thing would really happen , surely, it will take more years since bitcoin is becoming more successful in all aspects.

clartedscunner

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Quote from: Stedsm on April 14, 2017, 02:49:21 PM

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?

Yes it might, but BTC is the king and will always be.

Berk

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I only see potential in Waves currently but I don't think it's going to compete directly but maybe work together with their unique ideas

kimochidesh

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Quote from: Stedsm on April 14, 2017, 02:49:21 PM

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?

I think only ETH can attract investors apart from BTC in a long-term view. Still, ETH is quite a lot undervalued...it should be more than $600 at this time. But surely Investors will soon understand its potential and we will definitely see a huge price rise in ETH value and market cap in upcoming months.

abitCrypto

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Yes, There are many more to watch for, like ethereum, litecoin.

Current Bitcoin growth is driven by soaring demand, looks like speculation in the primary driver for this change.
My guess is, we are going to see the same changes with other Alt-coins.

Wallytred

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I believe if altcoin can provide you with sensitive advantages against BTC, it can prevail. It's connected with usability for example. Nobody likes huge fees and slow transactions of BTC atm, IMHO.

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