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Topic: Do you see alts have chances against Bitcoins? - page 50. (Read 51050 times)

sr. member
Activity: 628
Merit: 276
BTC, ETH, XMR, LTC
I think altcoins will take over eventualy. Bitcoin is just the beggining of whole blockchain technology.
It can't be perfect in first try. There will probably be big research done. And other better currenices will arise Cheesy
hero member
Activity: 729
Merit: 500
Before the bitcoin crash on the last hours, and watch almost all altcoins turning red, it cleared me that the altcoins are nothing without bitcoin, now im sure people does use altcoins to get only more bitcoins, and there is no way to any altcoin to replace bitcoin.
full member
Activity: 378
Merit: 111
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?
Altcoins can affect bitcoin's price but they can not beat its volum. For the end, bitcoin is the most preferrable for users to use thus I don't think they will let its rate goes down and making favor for altcoins.
legendary
Activity: 2688
Merit: 1065
Undeads.com - P2E Runner Game

..Bitcoin fee is one of Bitcoin's problem

Fees can be solved soon, really needs some time. Just imagined if block size issues on bitcoin will be solved, there will be a minimal question of if any altcoins can dominate bitcoin. If altcoin are moving forward while it progress, same with bitcoin. Just looked at now, even with lots of minor and major problems at bitcoin, still the community are strong backing up this crypto.

Other alts are just famous because of it's price but not with the actual thing that we can do while using bitcoin.
hero member
Activity: 630
Merit: 500
There's no way to predict the future with 100% certainty, some things are more likely to happen that others, but you shouldn't exclude any possibility. Just like there are many currencies in the world, there will also always be many cryptocurrencies, it never hurts to have more options, and with crypto networks it's important to have competition, otherwise devs might get lazy and work very slowly. So, even if no altcoin would overtake Bitcoin, it doesn't mean that they are useless.
i think there are some expert people who can predict about the price of bitcoin. and they also have good analysis about other altcoin, to me although there is always chance for altcoins to overcome, but in fact it is not so easy, because still bitcoin is the number one currency of the crypto world and the users of bitcoin are increasing from time time, which s making bitcoin more stronger as compare to other altcoins.
sr. member
Activity: 2114
Merit: 268
Leading Crypto Sports Betting & Casino Platform
from at first i know bitcoin until now i never see there is a coin that can stand againts bitcoin, some coins with high rate come but in market they only get high trade volume at first it is listed on market, but after that, it can't survive
legendary
Activity: 3024
Merit: 2148
There's no way to predict the future with 100% certainty, some things are more likely to happen that others, but you shouldn't exclude any possibility. Just like there are many currencies in the world, there will also always be many cryptocurrencies, it never hurts to have more options, and with crypto networks it's important to have competition, otherwise devs might get lazy and work very slowly. So, even if no altcoin would overtake Bitcoin, it doesn't mean that they are useless.
hero member
Activity: 770
Merit: 500
Trust me on this XtraBytes will be the coin that all future coins will be built upon, 100% secure compared to all this hackable POW...POS garbage.
what is xtrabytes lol. I have never heard about this coin before. please send me the link of their announcement. I believe that komodo and ethereum are better than this coin lol
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
Quote
Do you see alts have chances against Bitcoins?
Yes, especially due to the increasing uselessness of Bitcoin. Currently, I have to pay $2 fee to make a simple transaction of < 300 bytes.

Sites are currently adapting to pay their users in Bitcoin. Some sites once offered withdrawal at $1, then increased to $5, and now it is over $20.

Soon, people may start requesting payment in another coin, or just use Payza, Paypal, etc.

It seems like Bitcoin is turning into something contrary to its intended purpose. I feel scammed, and I am not even investor just a user.
While the fees are high I think one of the main reasons bitcoin is not moving much is because of Gresham's law, it is a law that basically says that if two different kinds of money exists the bad money is going to change hands and people are going to keep the good money, since bitcoin keeps reevaluation all the time then bitcoin does not move much because it is good money  unlike fiat and other stuff that you cannot wait to get rid of.
full member
Activity: 384
Merit: 103
Trust me on this XtraBytes will be the coin that all future coins will be built upon, 100% secure compared to all this hackable POW...POS garbage.
sr. member
Activity: 1232
Merit: 250
Doubt it will too much. Altcoins are unstable. Unless it has real merit / another purpose besides bitcoin (see Etherium) and is stable then I imagine most will stick with BTC.

Actually people will prefer Bitcoin all the time, Bitcoin is accepted by people whoever is indulged with Cryptocurrency, whereas the about Alts, it varies from people to people. It will only have a chance if the alt is considered and accepted similarly as Bitcoin.
Many altcoins have chances, but still I think it will be competition for Bitcoin.
full member
Activity: 308
Merit: 100
Of course Altcoins do have chance to against Bitcoin because Bitcoin is just the first e-currency so that its price is getting higher now. Bitcoin is also has  limitation, other future Altcoins should fix those limitaion.

I think then you dont know much about bitcoin and other altcoin technology, Bitcoin is not controlled by any one so no one can manipulate it but altcoins are controlled by the developer and he can do anything any time. but right now due to high transaction fees and delay in confirmation some good altcoin are having chances to compete with bitcoin.
I think his idea is right, he tried to saythat but with his words, it seems difficult to understand. Bitcoin fee is one of Bitcoin's problem
full member
Activity: 152
Merit: 100
Quote
Do you see alts have chances against Bitcoins?
[1]Yes, especially due to the increasing uselessness of Bitcoin. Currently, I have to pay $2 fee to make a simple transaction of < 300 bytes.

Sites are currently adapting to pay their users in Bitcoin. [2]Some sites once offered withdrawal at $1, then increased to $5, and now it is over $20.

Soon, [3]people may start requesting payment in another coin, or just use Payza, Paypal, etc.

[4]It seems like Bitcoin is turning into something contrary to its intended purpose. I feel scammed, and I am not even investor just a user.
[2] Which sites, though? $20 seems bullshit to me. Unless you want to experience that "instant transaction" that bitcoin was supposed to offer, I don't see any reason why someone would put a fee this high. A dollar for a transaction fee wouldn't hurt as much as Paypal's transaction fee.
I am talking about sites that pay its workers, users in Bitcoin... And that value is minimum withdrawal amount in Bitcoin, not transaction fees. Transaction fees is usually paid by your or them, that is why the increase in minimum withdrawal amount in Bitcoin.
legendary
Activity: 858
Merit: 1000
Doubt it will too much. Altcoins are unstable. Unless it has real merit / another purpose besides bitcoin (see Etherium) and is stable then I imagine most will stick with BTC.
legendary
Activity: 1190
Merit: 1002
Of course Altcoins do have chance to against Bitcoin because Bitcoin is just the first e-currency so that its price is getting higher now. Bitcoin is also has  limitation, other future Altcoins should fix those limitaion.

I think then you dont know much about bitcoin and other altcoin technology, Bitcoin is not controlled by any one so no one can manipulate it but altcoins are controlled by the developer and he can do anything any time. but right now due to high transaction fees and delay in confirmation some good altcoin are having chances to compete with bitcoin.
full member
Activity: 126
Merit: 100
Of course Altcoins do have chance to against Bitcoin because Bitcoin is just the first e-currency so that its price is getting higher now. Bitcoin is also has  limitation, other future Altcoins should fix those limitaion.
sr. member
Activity: 1316
Merit: 356
For me , if there's a chances the alts against bitcoin, it is only a little amount of percentage. Altcoins has a huge difference on bitcoin because bitcoin is the most popular in the world.
sr. member
Activity: 490
Merit: 250
Well,
I personally believe Bitcoin journey hasn't been started yet! These things are just the introduction of it to the world.

Once it gets started, the only issue could be the transaction confirmation time, I would say.
newbie
Activity: 55
Merit: 0
Most alts are junk but some are really innovative, these ones will have a future that can well surpass bitcoin. But I think for the most part at least currently bitcoin doesn't directly compete with alts because people buy bitcoin in order to buy an alt so when an alt is popular it creates demand for bitcoin as well in order for people to purchase or trade in that popular alt.
newbie
Activity: 42
Merit: 0
Not really sure if the altcoins can surpass the bitcoin. Bitcoin is so powerful that even you combine of all the altcoins it can't be surpass the worth of the bitcoin. But we don't know maybe in the future altcoins can surpass the bitcoins.
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