Topic: Do you see alts have chances against Bitcoins? - page 61. (Read 51088 times)
Just too many out there. None stand a chance
Yes, I do see that. Bitcoin is very obsolete compared to other cryptos such as ethereum or litecoin. They are much better with good technology and algorithm.
Bitcoin is not obsolete, what happens is a lot of money moves in bitcoin, so it is no longer an experiment out of the mind of a genius, now it is a business, and no one wants to destroy it so any change is very difficult to do since there are a lot of interest going on at the moment. 
Its really difficult to predict what will happen in the future...but if there is one thing i can predict would be that bitcoin is certainly here to stay. its value is simply based on scarcity and its name and brand. Nothing new in bitcoin infact it's high transaction fee and time for confirmation makes it suck. but my prediction is that none will overtake it, but many will come close for example ethereum, wave, dash and maybe some new innovation in the future. but i wouldn't put all my eggs on bitcoin alone. its too risky for me.
If you look at more then 3 months back or better at January this year you will see that all coins are going up some in small percentage other in very large ones (i mean some went over 200 - 300 or even more in %). Off course if someone invested then now can laugh at us all cuz he made right choice with some coin.
Many of the alts have made a very successive progress with the increase in the prices but at the same time there are some alts which have just disappeared from the market (one good proof is poloniex delisted some big number of altcoins). They are considered as dead now. I am not sure whether you will agree or not but I guess the bitcoin that we have worth a lot respective of the alts.
The one chance I see for an altcoin to succeed is the fees for bitcoin transactions keeps getting higher. This could discourage the use of bitcoins for small transactions.
Sometimes i convert my bitcoin to altcoin and then send it to another exchange. I do this because to avoid the higher bitcoin transaction feesWell thats very strange. I never heard of anyone changing to Altcoins only because to avoid the transaction fee. Also the fee is so minimal and the hassle to convert bitcoin to altcoin or vice versa is not worth it.
The one chance I see for an altcoin to succeed is the fees for bitcoin transactions keeps getting higher. This could discourage the use of bitcoins for small transactions.
When the bitcoin transaction fee gets bigger it might make bitcoin users a bit uncomfortable. Because of course it will be a little detrimental to them and maybe they will think to use altcoinIndeed now have the cost of transactions that bitcoin is quite high, but it is not a bad thing for those who can benefit greatly in the bitcoin. You are trying to view the prices and compare it to now bitcoin price bitcoin in years yesterday. Then if anyone buys some bitcoin, then store it until now so they can get an advantage is very large. So, a big advantage with transaction costs just $1 is not the big fella. So, upgrade your fortune and holding your mindset
I believe alts are a very intriguing alternative and we will see it grow pretty rapidly.
The one chance I see for an altcoin to succeed is the fees for bitcoin transactions keeps getting higher. This could discourage the use of bitcoins for small transactions.
Sometimes i convert my bitcoin to altcoin and then send it to another exchange. I do this because to avoid the higher bitcoin transaction feesWell thats very strange. I never heard of anyone changing to Altcoins only because to avoid the transaction fee. Also the fee is so minimal and the hassle to convert bitcoin to altcoin or vice versa is not worth it.
I think not, altcoin can not be against its king, there are not any opportunities or a way to altcoin can against Bitcoin because bitcoin is the common currency of digital coins and all altcoin must be converted to bitcoin on the exchange. In previous years, many people telling me that eth or litecoin would replace bitcoin, bitcoin would be defeated but until now I still do not see any sign of bitcoin being defeated. I only saw the value of Bitcoins is still constantly increasing and altcoin collapsed under its feet, it is proving the status of a king and despise those who want to against it
Yes, I do see that. Bitcoin is very obsolete compared to other cryptos such as ethereum or litecoin. They are much better with good technology and algorithm.
The one chance I see for an altcoin to succeed is the fees for bitcoin transactions keeps getting higher. This could discourage the use of bitcoins for small transactions.
Sometimes i convert my bitcoin to altcoin and then send it to another exchange. I do this because to avoid the higher bitcoin transaction feesIf you look at more then 3 months back or better at January this year you will see that all coins are going up some in small percentage other in very large ones (i mean some went over 200 - 300 or even more in %). Off course if someone invested then now can laugh at us all cuz he made right choice with some coin.
when bitcoin start increasing then altcoin stop or reduce their increasing speed, in fact most of the people invest their money in bitcoin and they do not give any prefer to bitcoin, but when the price of bitcoin become a little stable the people start taking interested in alt coin. 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.
Exactly, it is very hard to predict what is going to happen in next 10 year in the cryptocurrency world.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 think that LTC lately has grown up, showing it's potential thanks to the possible SegWit implementation.
But as can be observed, ETH has also a big chance to take a lot of the market ( and already has, after bitcoin ).
I also believe that Monero may have opportunity to build-up, thanks to the anonymousness of this altcoin.
After all, there is a possibility of totally new altcoin growing up, and taking big part of the market.
But all of that is just speculation about future, it is only my opinion.
I think the altcoins will find there way in future, but we can learn from them as they learned from bitcoin.
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?
As the price of bitcoin keeps growing I think it will be impossible for many users of countries with low income to keep using bitcoin, not only for the fees but the price in itself, just look at the price right now and if some of the prediction come true about the future price of bitcoin, then things are going to become even worst.So, if someone can’t afford to buy the BTC at the moment they could collect it by various means and I guess the signature campaign will be the best one.
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.
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.
Unless btc finds a use, its not going to be a safe haven over the long term
I dont think so, bitcoin is the father of all alt coins, and it has the highest value among other coins. I think they will be more closer to the value but bitcoin will always won. Bitcoin has the highest trust value also because it runs about years ago. And many investors invest on it. Bitcoin is the most populat among all.
We can see today that litecoins value increases 700% within a month, something astounding, but it also elevates the bitcoin value because the impacts of segwit on altcoin make it sticky and harmonize in volatility. So as long as altcoin continues to use bitcoin as the primary means of exchange, they will never replace bitcoin.
There are a lot of changes in the future as both are just a payment system or a platform to use, it will only work if we will support it with our fiat. Of course bitcoin is very popular now and the most popular among all the crypto currencies but we can never be sure what will happen in the future. If bitcoin has surprise us from time to time, some alts might surprise as also, let's just watch out what will happen, what's important is crypto is progressive.
The only advantage of other altcoins now is they can adjust on bitcoin service, now that confirmation takes too long to confirm, some altcoins provides a way were they can deliver the transaction as fast as they could. Poor service transaction of bitcoin now may give a way to other alt coins to get known.
Some may change their mind ,it might not beat BTC due to its high increase , but because of this increase the features and transactions can’t be handle since there a lot of numbers of confirmation needs to identified, due to this some may lead to change in other altcoins than sticking in bitcoin poor service.
That's absolutely correct, because there are many altcoins sitting over there with least fee and higher rates and best features as well as fastest confirmations and better anonymity levels over Bitcoins, and due to such high prices; I see everyone getting into altcoins more than going for just Btc alone. I am feeling that some competing alts are already getting over there and may cover large share of Btc market cap one day.
We can see today that litecoins value increases 700% within a month, something astounding, but it also elevates the bitcoin value because the impacts of segwit on altcoin make it sticky and harmonize in volatility. So as long as altcoin continues to use bitcoin as the primary means of exchange, they will never replace bitcoin.
There are a lot of changes in the future as both are just a payment system or a platform to use, it will only work if we will support it with our fiat. Of course bitcoin is very popular now and the most popular among all the crypto currencies but we can never be sure what will happen in the future. If bitcoin has surprise us from time to time, some alts might surprise as also, let's just watch out what will happen, what's important is crypto is progressive.
The only advantage of other altcoins now is they can adjust on bitcoin service, now that confirmation takes too long to confirm, some altcoins provides a way were they can deliver the transaction as fast as they could. Poor service transaction of bitcoin now may give a way to other alt coins to get known.
Some may change their mind ,it might not beat BTC due to its high increase , but because of this increase the features and transactions can’t be handle since there a lot of numbers of confirmation needs to identified, due to this some may lead to change in other altcoins than sticking in bitcoin poor service.
We can see today that litecoins value increases 700% within a month, something astounding, but it also elevates the bitcoin value because the impacts of segwit on altcoin make it sticky and harmonize in volatility. So as long as altcoin continues to use bitcoin as the primary means of exchange, they will never replace bitcoin.
There are a lot of changes in the future as both are just a payment system or a platform to use, it will only work if we will support it with our fiat. Of course bitcoin is very popular now and the most popular among all the crypto currencies but we can never be sure what will happen in the future. If bitcoin has surprise us from time to time, some alts might surprise as also, let's just watch out what will happen, what's important is crypto is progressive.
The only advantage of other altcoins now is they can adjust on bitcoin service, now that confirmation takes too long to confirm, some altcoins provides a way were they can deliver the transaction as fast as they could. Poor service transaction of bitcoin now may give a way to other alt coins to get known.
We can see today that litecoins value increases 700% within a month, something astounding, but it also elevates the bitcoin value because the impacts of segwit on altcoin make it sticky and harmonize in volatility. So as long as altcoin continues to use bitcoin as the primary means of exchange, they will never replace bitcoin.
There are a lot of changes in the future as both are just a payment system or a platform to use, it will only work if we will support it with our fiat. Of course bitcoin is very popular now and the most popular among all the crypto currencies but we can never be sure what will happen in the future. If bitcoin has surprise us from time to time, some alts might surprise as also, let's just watch out what will happen, what's important is crypto is progressive.
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