Do you see alts have chances against Bitcoins? - page 48.

Russlenat

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Quote from: HongKong on May 30, 2017, 05:33:42 PM

Quote from: laiducnam on May 30, 2017, 08:14:22 AM

Everything is possible and is time to take advantage with this situation, gain more Bitcoin with trading altcoin and save the profit for the best moments when Bitcoin more valuable than now, cause maybe this situation can be change in another day, so enjoying the moment.

There is no other Altcoin right now that is larger than Bitcoin. If people started to use a different digital currency that is based off Bitcoin’s Blockchain then I am pretty sure that they would try to pay homage because they wouldn’t get to where they are without the coding from Bitcoin.

For me I think this gonna be happen if the Bitcoin Price will drop and the Altcoin will pump! Ethereum for now has second highest value than bitcoin, Bitcoin is still the top but we don't know when may be it take it chance to bit bitcoin.

HongKong

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Quote from: laiducnam on May 30, 2017, 08:14:22 AM

Everything is possible and is time to take advantage with this situation, gain more Bitcoin with trading altcoin and save the profit for the best moments when Bitcoin more valuable than now, cause maybe this situation can be change in another day, so enjoying the moment.

There is no other Altcoin right now that is larger than Bitcoin. If people started to use a different digital currency that is based off Bitcoin’s Blockchain then I am pretty sure that they would try to pay homage because they wouldn’t get to where they are without the coding from Bitcoin.

MMA

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Quote from: Duzter on May 30, 2017, 02:02:27 AM

Alts doesn't have chances of overcoming bitcoin. Bitcoin has got a standard place with its multiple usage. So if in one way people stop using it someone prefer it for some other needs. This helps with the continued circulation of bitcoin and makes it gain strength little by little. The same is not possible with altcoins as they are mostly preferred for trading purpose.

i think possibilities are always there. despite the fact that bitcoin is still number one crypto currency, and hope that it will remain as number one in future also. but i think it is depending on the interest of the people, as in current time most of the people are taking interest in bitcoin, they are investing their assets in bitcoin and that is the reason that bitcoin is still the number one currency of the world.

grim007

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Quote from: laiducnam on May 30, 2017, 08:14:22 AM

Everything is possible and is time to take advantage with this situation, gain more Bitcoin with trading altcoin and save the profit for the best moments when Bitcoin more valuable than now, cause maybe this situation can be change in another day, so enjoying the moment.

Soon bitcoin will have lot of chances in the near future it will benefit more people since its value is growing, alt coin have possibility too but not this soon.

dave3

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Quote from: Fatanut on May 30, 2017, 12:39:19 AM

Another way to look at it is that people are starting to become more and more open minded about other cryptocurrencies as well instead of just worshiping bitcoins alone. Eventually, a loyal bitcoin user would like to take a look at other coins as well and study why are other people into it. Altcoins are profitable. As a matter of fact, it's very profitable that's why we see ICOs here and there that are just copy+paste of an old ICO. They just changed the name.

People invest in altcoins to get more bitcoins. So ultimately, all these altcoins investments are investments for bitcoins.

That's true. Even though I've been into bitcoin for the last 5 years or so, I haven't paid much attention to the alt coins until recently. Now they have my attention.

laiducnam

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Everything is possible and is time to take advantage with this situation, gain more Bitcoin with trading altcoin and save the profit for the best moments when Bitcoin more valuable than now, cause maybe this situation can be change in another day, so enjoying the moment.

sunsilk

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Quote from: realm on May 28, 2017, 08:35:32 PM

Quote from: sunsilk on May 28, 2017, 08:30:25 PM

Quote from: realm on May 28, 2017, 07:58:46 PM

My opinion is that altcoins will replace bitcoin on the usage level. However I think they will never reach its value. Eventually, after may years bitcoin will end up being some sort of high value collectible.

When it comes to usage level I don't think that alt coin will replace bitcoin on it. This will remain always the top crypto currency.

And if you think that after many years bitcoin will be having a high value, then that will make it more crowd choice.

So it will not be an easy thing to replace bitcoin with alts.

I don't know. I see it like having 3~5 alts for our daily transactions and bitcoin as the ultimate holding. I think it will unfold like cash and gold. Everyone uses and has cash but noone has or uses gold. However everyone wishes he owned some in his bank locker.

There are a lot of popular alts and no doubt that many are being used for daily transactions.

But still that is not enough to make a speculation or outcome that bitcoin can be placed by some other alts.

Because bitcoin is the strongest and no alt have chance against it.

DoublerHunter

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Quote from: Duzter on May 30, 2017, 02:02:27 AM

Alts doesn't have chances of overcoming bitcoin. Bitcoin has got a standard place with its multiple usage. So if in one way people stop using it someone prefer it for some other needs. This helps with the continued circulation of bitcoin and makes it gain strength little by little. The same is not possible with altcoins as they are mostly preferred for trading purpose.

As of now, i agree with you because the altcoins now are being used because of the traders and if we look for long term then it is still not that bright as bitcoin in long term stability because their foundation is not that strong so it is hard for the altcoins to compete against bitcoin and i think they will just stay in the market because of the traders but if we will compare against bitcoin then there is nothing to worry about.

Duzter

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Alts doesn't have chances of overcoming bitcoin. Bitcoin has got a standard place with its multiple usage. So if in one way people stop using it someone prefer it for some other needs. This helps with the continued circulation of bitcoin and makes it gain strength little by little. The same is not possible with altcoins as they are mostly preferred for trading purpose.

Japinat

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Quote from: Fatanut on May 30, 2017, 12:39:19 AM

Quote from: 7jaka7 on May 29, 2017, 01:56:51 PM

Quote from: dave3 on May 29, 2017, 01:21:56 PM

I don't think any Alt Coin has a significant chance of replacing Bitcoin.

But I do think a handful of Alt Coins may do very, very well alongside of Bitcoin. Alt coins (and tokens) that do specific things better than bitcoin, or have whole other uses beyond what bitcoin can offer have an advantage. It's an exciting time.

You said yourself that they have specific things better then Bitcoin, so if Bitcoin won't adapt to market/needs of users they will take over. Sure atm bitcoin is dominating, but I think things can change.
https://bitcointalksearch.org/topic/btc-dominance-decreasing-1895526 BTC dominance is lowering and that's a fact.

Another way to look at it is that people are starting to become more and more open minded about other cryptocurrencies as well instead of just worshiping bitcoins alone. Eventually, a loyal bitcoin user would like to take a look at other coins as well and study why are other people into it. Altcoins are profitable. As a matter of fact, it's very profitable that's why we see ICOs here and there that are just copy+paste of an old ICO. They just changed the name.

People invest in altcoins to get more bitcoins. So ultimately, all these altcoins investments are investments for bitcoins.

Very well said mate, there's a lot of opportunity in investing in ICOs, just recently I had put my money in MobileGo ico which apparently the largest crypto currency crowdsale ever. I believe on the team behind the project and I'm optimistic it will bring good ROI to me, this is a big project and I am sure it will be listed in big exchanges.

It is just lately that I started investing in ICOs my recent success was HMQ, the price has really pump up now, so I already took my capital and put it in other projects or ICOs.

Fatanut

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Quote from: 7jaka7 on May 29, 2017, 01:56:51 PM

Quote from: dave3 on May 29, 2017, 01:21:56 PM

I don't think any Alt Coin has a significant chance of replacing Bitcoin.

But I do think a handful of Alt Coins may do very, very well alongside of Bitcoin. Alt coins (and tokens) that do specific things better than bitcoin, or have whole other uses beyond what bitcoin can offer have an advantage. It's an exciting time.

You said yourself that they have specific things better then Bitcoin, so if Bitcoin won't adapt to market/needs of users they will take over. Sure atm bitcoin is dominating, but I think things can change.
https://bitcointalksearch.org/topic/btc-dominance-decreasing-1895526 BTC dominance is lowering and that's a fact.

Another way to look at it is that people are starting to become more and more open minded about other cryptocurrencies as well instead of just worshiping bitcoins alone. Eventually, a loyal bitcoin user would like to take a look at other coins as well and study why are other people into it. Altcoins are profitable. As a matter of fact, it's very profitable that's why we see ICOs here and there that are just copy+paste of an old ICO. They just changed the name.

People invest in altcoins to get more bitcoins. So ultimately, all these altcoins investments are investments for bitcoins.

Flodemaga

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I do believe bitcoin can be replaced from others currencies wich has handled already the block size, the transaction fee as well not delaying transactions asking for more money, this is ridiculous bitcoin being at this point, i dont know wich coins can and might remove bitcoin from its kingdom, but the end looks close.

dave3

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Quote from: 7jaka7 on May 29, 2017, 01:56:51 PM

You said yourself that they have specific things better then Bitcoin, so if Bitcoin won't adapt to market/needs of users they will take over. Sure atm bitcoin is dominating, but I think things can change.
https://bitcointalksearch.org/topic/btc-dominance-decreasing-1895526 BTC dominance is lowering and that's a fact.

Some Alt Coins and tokens do certain things better than bitcoin, sure.

But bitcoin has one thing going for it above all others. It's most valuable, if for no other reason than because it was the first. It has the first mover advantage.

7jaka7

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Quote from: dave3 on May 29, 2017, 01:21:56 PM

I don't think any Alt Coin has a significant chance of replacing Bitcoin.

But I do think a handful of Alt Coins may do very, very well alongside of Bitcoin. Alt coins (and tokens) that do specific things better than bitcoin, or have whole other uses beyond what bitcoin can offer have an advantage. It's an exciting time.

You said yourself that they have specific things better then Bitcoin, so if Bitcoin won't adapt to market/needs of users they will take over. Sure atm bitcoin is dominating, but I think things can change.
https://bitcointalksearch.org/topic/btc-dominance-decreasing-1895526 BTC dominance is lowering and that's a fact.

dave3

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I don't think any Alt Coin has a significant chance of replacing Bitcoin.

But I do think a handful of Alt Coins may do very, very well alongside of Bitcoin. Alt coins (and tokens) that do specific things better than bitcoin, or have whole other uses beyond what bitcoin can offer have an advantage. It's an exciting time.

coinplus

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Quote from: jekjekman on May 22, 2017, 10:42:48 PM

Bitcoin is the real deal here, and altcoins is just another currency that would like to take a part of the growing industry that bitcoin is experiencing ever since. Altcoins are creating a thing that bitcoin never had because it is like a marketing strategy to attract people to use their created coin to have a value in price.

We can see that the price of the bitcoin is at a glance, in the mean while we can witness a bunch of the alts coming to the market listing and taking a chance for them to get a little market cap in such a situation I don’t consider the alts to be capable to create any sort of harmful situation for the Bitcoin. Also the bitcoin is expanding rapidly with high demand in the market for it.

I believe no altcoin could come near bitcoin in terms of being used as real currency. Altcoins may reach $200 levels or being traded in each and every exchange but the point is why they are existing as a currency when there is no competitive currency system feature against bitcoins ?

franklin9

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Not now at least,
LTC: has been there for years and never did compete with BTC on equal grounds, plus it has virtually no big advantages over BTC "other than being less congested".
DOGE: it's mainly a gig, not a serious one enough to take over BTC.
ETH: The most serious competition, if they could avoid getting cracked, forked, exploited then it will be something big IMO, not sure about taking over BTC though.
Monero: gaining good recognition and market base in the deepweb.

I guess these are the top altcoins for now, excluding ripple and stellar

flower1024

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Quote from: mike1183 on May 28, 2017, 10:38:05 PM

No, I just see them as minor option for trading particularly the new coins and sometimes on the older ones bump or dump movements, sometimes like now they are useful to avoid the confirmation delays when conducting small micro-payments, But I don't see them replacing or taking BTC's place.

At present movement, you may not think that alt-coins are not going replace. But in the longer run if not all altcoins, one or two will either reach to near to its price or may overtake also. Currently, bitcoins are not able to take the more load, so its usage will be limited. So if any other altcoin solves this issue then slowly they may overtake bitcoins bit it will take a longer time to gain the user trust.

Natalim

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Quote from: realm on May 28, 2017, 08:35:32 PM

Quote from: sunsilk on May 28, 2017, 08:30:25 PM

Quote from: realm on May 28, 2017, 07:58:46 PM

My opinion is that altcoins will replace bitcoin on the usage level. However I think they will never reach its value. Eventually, after may years bitcoin will end up being some sort of high value collectible.

When it comes to usage level I don't think that alt coin will replace bitcoin on it. This will remain always the top crypto currency.

And if you think that after many years bitcoin will be having a high value, then that will make it more crowd choice.

So it will not be an easy thing to replace bitcoin with alts.

I don't know. I see it like having 3~5 alts for our daily transactions and bitcoin as the ultimate holding. I think it will unfold like cash and gold. Everyone uses and has cash but noone has or uses gold. However everyone wishes he owned some in his bank locker.

In terms of real value I guess bitcoin is the one, it can be use for daily transaction and in fact in trading you
can make money even doing it daily. For the majority they will always believe gold is the most valuable asset buy for us I don't think so.

wallstone

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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?

Of course I do since altcoins have already built blookchain for them thus it can be converted into fiat money if exchangers can be capable for it.

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