Do you see alts have chances against Bitcoins? - page 55.

iamTom123

hero member

Activity: 490

Merit: 501

Quote from: Hazir on April 14, 2017, 02:02:54 PM

Hard to speculate about future. We all can see that bitcoin right now is not exactly the best payment option or a currency.
BTC is better suited to be an safe haven asset, capital investment and long term option for hoarders.
Bitcoin is not doomed yet (Japan adoption!), there is still time to fix scaling problem and reach total dominance over altcoins. But if the scaling war will continue for extended period of time, it is possible that ETH, LTC or DASH will take over BTC dominance.

I believe that Bitcoin will always be the King of Crypto and all the rest are just its followers. The scaling problem that is affecting Bitcoin right now will be solved maybe within this year. Once the scaling problem is gone, we can witness a big boost of its value.

Imagine that right now Bitcoin is already on the rampage, much more if it can be free from what is holding it right now. I am expecting that after the scaling is solved, we can look for Bitcoin to reach as much as 4K and beyond.

azguard

legendary

Activity: 1484

Merit: 1001

Crypto-News.net: News from Crypto World

Quote from: tosmartak on May 22, 2017, 03:02:33 AM

It can't really be predicted but anything can happen. Though, one thing I am sure of is that the players and investors in the bitcoin community won't want that to happen. I may be wrong though, cause from the look of things, some altcoins are beginning to gain some grounds which I am sure bit coin price is one of the driving factors but what I can't say is the other factors that may as well be driving them and how strong those factors are, compared to bitcoin's effect on them.

You think that some will overtake bitcoin not gonna happen in long run for sure and maybe never. There is always that slight hope that it could happen but hard. Think that ETH ZCASH LTC or some other (to many to count) can do it on paper but in real its almost impossible.

Harlot

hero member

Activity: 1806

Merit: 672

Quote from: tosmartak on May 22, 2017, 03:02:33 AM

It can't really be predicted but anything can happen. Though, one thing I am sure of is that the players and investors in the bitcoin community won't want that to happen. I may be wrong though, cause from the look of things, some altcoins are beginning to gain some grounds which I am sure bit coin price is one of the driving factors but what I can't say is the other factors that may as well be driving them and how strong those factors are, compared to bitcoin's effect on them.

What you refer to players and investors of Bitcoin won't make it happen at all. You know why? Because Bitcoin traders are also Altcoin traders in general, when they see Altcoin as some kind of short term profit taking cryptocurrency they see Bitcoin as a long term investment. In general it would be hard for them to even manipulate the price of Altcoin in which Bitcoin is at now replacing a ruling king is hard to be done. Bitcoin took years to be where it is now, I don't see any scenarios on which an Altcoin will share the spotlight.

tosmartak

sr. member

Activity: 630

Merit: 250

It can't really be predicted but anything can happen. Though, one thing I am sure of is that the players and investors in the bitcoin community won't want that to happen. I may be wrong though, cause from the look of things, some altcoins are beginning to gain some grounds which I am sure bit coin price is one of the driving factors but what I can't say is the other factors that may as well be driving them and how strong those factors are, compared to bitcoin's effect on them.

DoublerHunter

hero member

Activity: 2590

Merit: 644

Quote from: DevilSlayer on May 22, 2017, 01:45:13 AM

Quote from: Stedsm on April 14, 2017, 01:49:21 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?

For my opinion there is a small chance to other altcoin to stand up like bitcoins. But we know that the bitcoin is more powerful than the other cryptocurrency. We can't predict what will happen to the world of cryptocurrency.

Altcoins is still altcoins and bitcoin is still the king of the cryptocurrencies as of now but as you stated above, even it is small. There is still a chance for the altcoins to stand out like bitcoin and be the next bitcoin in the market but i think it will take a lot of years because bitcoin is too far and the gap between altcoin and bitcoin is too big so it is not that easy for altcoins to replace bitcoin.

DevilSlayer

sr. member

Activity: 1456

Merit: 359

Quote from: Stedsm on April 14, 2017, 01:49:21 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?

For my opinion there is a small chance to other altcoin to stand up like bitcoins. But we know that the bitcoin is more powerful than the other cryptocurrency. We can't predict what will happen to the world of cryptocurrency.

NatsuDragneel

newbie

Activity: 42

Merit: 0

Quote from: Stedsm on April 14, 2017, 01:49:21 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?

No. Bitcoin is more powerful than the other cryptocurrency. Even now the price of the bitcoin is become higher . There is only a small chance that the bitcoin dignity will harm.

CraigWrightBTC

hero member

Activity: 518

Merit: 500

Quote from: Nevis on May 21, 2017, 08:17:23 PM

Clearly if you analyze big and new alts yes they do have the power to battle against bitcoin network,they have the chance to beat up bitcoin if and only if big investors and some companies will push to go for good and better projects

Do you can give us clearly? Or you can give detail about your analysis about the altcoins,
many altcoins out there which are the altcoins?
Because many projects on altcoins and many investors made investments in the altcoins
if you gives the detail it will be good for us.

AicecreaME

sr. member

Activity: 2436

Merit: 455

Quote from: Nevis on May 21, 2017, 08:17:23 PM

Clearly if you analyze big and new alts yes they do have the power to battle against bitcoin network,they have the chance to beat up bitcoin if and only if big investors and some companies will push to go for good and better projects

I don't think so, because it is not about having many investors, it is about the solidity of the coin, on how strong the coin, that it will remain standing on the consequences that it will face because of the rising of other Altcoins. And if they are going to survive this, then it is possible that they will surpass bitcoin. Though there are still a lot of ways on how they are going to surpass it.

Nevis

hero member

Activity: 560

Merit: 500

Clearly if you analyze big and new alts yes they do have the power to battle against bitcoin network,they have the chance to beat up bitcoin if and only if big investors and some companies will push to go for good and better projects

aardvark15

hero member

Activity: 1008

Merit: 510

Quote from: Stedsm on April 14, 2017, 01:49:21 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 Bitcoin and altcoins can serve different purposes and function at the same time. Bitcoin may only be used for large transactions or storing money because the fees are high. Altcoins can be used for smaller transactions since the fees are lower.

Finestream

hero member

Activity: 3052

Merit: 606

Quote from: Palodar on May 21, 2017, 07:29:15 PM

Quote from: Zenithar on May 21, 2017, 06:40:07 PM

Quote from: Eternu on May 21, 2017, 04:46:14 PM

Quote from: Stedsm on April 14, 2017, 01:49:21 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 could happen duo to popularity of bitcoin and cryptocurency that some altcoin rise, but there is low probability that it will indanger or replace bitcoin. Bitcoin is too strong and getting even stronger, day by day. I do not think that any altcoin can replace bitcoin... not in near future that is.

to me i think anything can happen as possibility is always there, but still there are very little chance and i do not think that any other crypto currency will overcome bitcoin in next few decades.

We can't really tell since there were a lot of altcoins in the background. Some were improving and some getting dump. Bitcoin still on lead but lets just see what may happen in the near future.

It's not impossible for bitcoin to be replace, anything can happen because we are in the crypto world where we are in control of everything, we can manage what currency we like to support. Bitcoin is getting more support now that's why it is popular now but this popularity is uncertain once a better technology will be recognize.

Palodar

sr. member

Activity: 376

Merit: 250

Quote from: Zenithar on May 21, 2017, 06:40:07 PM

Quote from: Eternu on May 21, 2017, 04:46:14 PM

Quote from: Stedsm on April 14, 2017, 01:49:21 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 could happen duo to popularity of bitcoin and cryptocurency that some altcoin rise, but there is low probability that it will indanger or replace bitcoin. Bitcoin is too strong and getting even stronger, day by day. I do not think that any altcoin can replace bitcoin... not in near future that is.

to me i think anything can happen as possibility is always there, but still there are very little chance and i do not think that any other crypto currency will overcome bitcoin in next few decades.

We can't really tell since there were a lot of altcoins in the background. Some were improving and some getting dump. Bitcoin still on lead but lets just see what may happen in the near future.

Zenithar

hero member

Activity: 504

Merit: 500

Quote from: Eternu on May 21, 2017, 04:46:14 PM

Quote from: Stedsm on April 14, 2017, 01:49:21 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 could happen duo to popularity of bitcoin and cryptocurency that some altcoin rise, but there is low probability that it will indanger or replace bitcoin. Bitcoin is too strong and getting even stronger, day by day. I do not think that any altcoin can replace bitcoin... not in near future that is.

to me i think anything can happen as possibility is always there, but still there are very little chance and i do not think that any other crypto currency will overcome bitcoin in next few decades.

Casabrandy

hero member

Activity: 837

Merit: 500

Quote from: Eternu on May 21, 2017, 04:46:14 PM

Quote from: Stedsm on April 14, 2017, 01:49:21 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 could happen duo to popularity of bitcoin and cryptocurency that some altcoin rise, but there is low probability that it will indanger or replace bitcoin. Bitcoin is too strong and getting even stronger, day by day. I do not think that any altcoin can replace bitcoin... not in near future that is.

Bitcoin value been the reason why no other cryptocurrency can replace it for now since bitcoin price increases amazingly and other alt does not.

Eternu

sr. member

Activity: 560

Merit: 257

Quote from: Stedsm on April 14, 2017, 01:49:21 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 could happen duo to popularity of bitcoin and cryptocurency that some altcoin rise, but there is low probability that it will indanger or replace bitcoin. Bitcoin is too strong and getting even stronger, day by day. I do not think that any altcoin can replace bitcoin... not in near future that is.

hurain

sr. member

Activity: 462

Merit: 250

Quote from: DoublerHunter on May 18, 2017, 03:32:52 AM

Quote from: Casabrandy on May 18, 2017, 02:36:53 AM

Quote from: GreenBits on May 17, 2017, 10:02:58 PM

Quote from: TheGodFather on May 17, 2017, 08:41:12 PM

Quote from: RedX on May 17, 2017, 08:28:05 PM

Quote from: dave3 on May 17, 2017, 01:20:15 PM

Bitcoin's not going anywhere. It's the gold standard.

I think there is room for "alts" if they can do something better than bitcoin can, or if they can do something that bitcoin can't.

The obvious thing is low transaction fees for smaller payments. Bitcoin seems to be giving up that segment at the moment, though it's possible it could reclaim it in the future. Now's the time that an "alt" could gain traction here.

The most exciting new thing, though, and something that bitcoin doesn't really do at all, is smart contracts.

I think Ethereum is the start of this, and those that build on it and expand the contract functionality have a lot of potential.

I agree. Altcoins represent their own unique qualities but they are still not closed to bitcoin. From their name they are just an alternative.

I agree , bitcoin will always be the pioneer of all coins , it has the most numerous number of participants and the most investment value, bitcoin is the father of all alternative coins, i think alt coins are depending on bitcoins , it cannot change bitcoin , bitcoin has a stronger market value. and been strongest among all alt coins.

Surely, bitcoin is here to stay, it was the progenitor. But it's not so regulatable. Thus is the draw of ETH and XRP, they are mutable enough to control on a state/corporate level. XRP can even be reversed; takes the whole blockchain experience away IMO.

Bitcoin will always be ahead in other Alt coins, Alt coins were followed of bitcoin, bitcoin will always be best in features and services . Especially in value and amount of fees bitcoin is in lead.

Even bitcoin is the strongest coin right now it is not 'always' the best because there will be a time that an altcoin will created and it will be a lot more better than bitcoin and if the people will attracted to that then then the rest will follow to and that is the time when bitcoin will slowly gets old and at the end being abandoned.

Well my dear you are not sure about what you are saying. It is good to be optimistic but it is better to be realistic as well. Currently the bitcoin is on the top and the strongest of all the digital currency. I guess the bitcoin will get itself upgrade with the passage and the need of the time.

bibiqua

newbie

Activity: 35

Merit: 0

Quote from: nizamcc on May 21, 2017, 01:36:29 PM

I think they are only getting pumped and most of them are just pump-dump shit and nothing too much invest-worthy

I understand you don't like them. Any meaningful reasoning behind that - in terms of evidence, facts, etc?

Quote from: nizamcc on May 21, 2017, 01:36:29 PM

Bitcoin has conquered the markets due to its superiority

By superiority, are you referring to the unprecedented transaction backlog, the ridiculous fees and the clear inability to resolve burning issues?

nizamcc

legendary

Activity: 1218

Merit: 1007

Quote from: concept2 on May 21, 2017, 01:33:39 PM

Quote from: basesaw on May 21, 2017, 12:18:10 PM

If you would just look at xem, it has solved the problems that bitcon cant solved. try reading and researching xem(new economy movement) you will know that it has potential to rise. it already rose 10,000% since 2014 so this means that it has a lot of potential to be one of the trusted coin in the future.

Yeah theere are many coins which are very good to invest at the moment and there are more than 50% of the coin existing on the marketcap are better than Bitcooin. In the future, we will see many coins rising and become a good force against Bitcoin

I think they are only getting pumped and most of them are just pump-dump shit and nothing too much invest-worthy and only a few have chances over bitcoins as a competitor but I still don't see any taking its place any sooner than a decade or two as Bitcoin has conquered the markets due to its superiority and will rule the markets as well as hearts of people for many more years.

concept2

sr. member

Activity: 750

Merit: 258

Quote from: basesaw on May 21, 2017, 12:18:10 PM

If you would just look at xem, it has solved the problems that bitcon cant solved. try reading and researching xem(new economy movement) you will know that it has potential to rise. it already rose 10,000% since 2014 so this means that it has a lot of potential to be one of the trusted coin in the future.

Yeah theere are many coins which are very good to invest at the moment and there are more than 50% of the coin existing on the marketcap are better than Bitcooin. In the future, we will see many coins rising and become a good force against Bitcoin

Topic: Do you see alts have chances against Bitcoins? - page 55. (Read 51088 times)