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Topic: Do you see alts have chances against Bitcoins? - page 75. (Read 51088 times)

newbie
Activity: 8
Merit: 0
Frankly, yes and no. There is several field of things, and not all can be considered as a sole one.

-Micropayments : to me, this is where the altcoins have the most chance. I perfectly see possible that some day in some games, even mainstream ones, people can earn game-created crypto-currency. However I do not see why the game would use a crypto-currency and not a regular screen token, but this is another story.

-Store of value : there I see no chance for the other crypto-currencies. Bitcoin is way more stable than any other altcoin, and which their weak distribution, I see to this day no altcoin able to be a threat to this Bitcoin function.

-Internationial wires : there is a chance here for altcoins. If I were a shop, or something needing to be paid, personally I would see no problem being paid in Ether or in Litecoins. But this is probably because I am rather altcoin-friendly. I am not sure this is the case for most people.

So altcoins have a chance, but we need many if. There is also some interesting cases like Ethereum which is the only one to offer some innovative service. I do not mention this field of things because to me this is the only one, and we are talking about the altoins in general.
hero member
Activity: 2590
Merit: 644
Bitcoin is the strongest and most reliable crypto currency. I think some altcoins do have chances to reach the level bitcoin currently has, but not a lot.There are some that could be a pretty interesting alternative out there. Altcoins will never reach the same popularity of bitcoin.

There are a lot of powerful altcoins, and it can compete with bitcoin, however, bitcoin is the leading currency, so it is always preferred by the people
People still prefer bitcoin because it is the top 1 cryptocurrency in the market and it is popular so that is one of the reason why people choose bitcoin over any altcoin but the day will come that bitcoin will get weaker and people starting to migrate to another one coin and that is where an altcoin will come and be the next bitcoin.
legendary
Activity: 2170
Merit: 1427
There are a lot of powerful altcoins, and it can compete with bitcoin, however, bitcoin is the leading currency, so it is always preferred by the people

Altcoins can only theoretically compete with Bitcoin. If you look at the top 5 altcoins, then it's clear that beside them functioning as speculative investment option, they don't serve a real purpose. No matter how many featues they have (which I consider to be gimmicks since they don't enjoy any real world usage), the far majority of the people just want a tool that allows them to transact with others, and allows them to use it as an investment option. Bitcoin does exactly that. Perhaps not in the best possible way, but it gets the job done.
hero member
Activity: 3150
Merit: 636
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I would not fight her if there were no errors in her bitcoin.

Is it true bitcoin there is a mistake Huh?


There are some things that needs to be fixed with bitcoin regarding with the blocks but as of now, the confirmation works well for me.

And what do you mean there's a mistake in bitcoin? How long have you been using bitcoin?

There's no mistake in bitcoin, maybe that news that you have read or heard are just made by those people that are spreading FUDS.

Don't believe on them because it's proven that bitcoin will be the best and no alt coin can have against it.
full member
Activity: 252
Merit: 100
I would not fight her if there were no errors in her bitcoin.

Is it true bitcoin there is a mistake Huh?
sr. member
Activity: 434
Merit: 250
Bitcoin is the strongest and most reliable crypto currency. I think some altcoins do have chances to reach the level bitcoin currently has, but not a lot.There are some that could be a pretty interesting alternative out there. Altcoins will never reach the same popularity of bitcoin.

There are a lot of powerful altcoins, and it can compete with bitcoin, however, bitcoin is the leading currency, so it is always preferred by the people
newbie
Activity: 8
Merit: 0
Bitcoin is the strongest and most reliable crypto currency. I think some altcoins do have chances to reach the level bitcoin currently has, but not a lot.There are some that could be a pretty interesting alternative out there. Altcoins will never reach the same popularity of bitcoin.
sr. member
Activity: 518
Merit: 271
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's hard to guess which is altcoins havea high chance against bitcoin today. but for now? I think no one can bitcoin for now. If the devs didn't resolve the issues in bitcoin like slow confirmation and high miners fee, litecoin and ethereum or a new altcoin can surpass bitcoin someday.
legendary
Activity: 2128
Merit: 1293
There is trouble abrewing
I don't really think any altcoin will take over from bitcoin but it will have brothers and sister coins. Altcoin is to bitcoin as bitcoin is to the USD. So altcoin doesn't really need to have a chance with bitcoin. Unless a newer better version of bitcoin with better technology comes out. Its mostly up to the technology behind the coin and not the coin itself.
I think even though altcoin has great technology though. If the user prefers and believes in bitcoin. Then the altcoin will not be able to do anything including take over

It is unnecessarily possible that bitcoin users couldn't consider altcoins since most of bitcoin holders are traders. Althogh bitcoin can stand alone without the presence of altcoin/crypto currency coins, digital currency would not be considered if there is no other currencies being traded with bitcoin except fiat money.

it is not supposed to be just about trading. but yeah these days altcoins are only for trading and nothing else. you join the pump and dumps and make money from them.
but in fact altcoins are supposed to be alternative ways of exploring different possibilities in cryptocurrency world. offering new features, different ones. and a lot more interesting stuff, which all have been forgotten and only the money is all people think about when it comes to altcoins.
sr. member
Activity: 910
Merit: 261
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I don't really think any altcoin will take over from bitcoin but it will have brothers and sister coins. Altcoin is to bitcoin as bitcoin is to the USD. So altcoin doesn't really need to have a chance with bitcoin. Unless a newer better version of bitcoin with better technology comes out. Its mostly up to the technology behind the coin and not the coin itself.
I think even though altcoin has great technology though. If the user prefers and believes in bitcoin. Then the altcoin will not be able to do anything including take over

It is unnecessarily possible that bitcoin users couldn't consider altcoins since most of bitcoin holders are traders. Althogh bitcoin can stand alone without the presence of altcoin/crypto currency coins, digital currency would not be considered if there is no other currencies being traded with bitcoin except fiat money.
hero member
Activity: 1190
Merit: 500
I don't really think any altcoin will take over from bitcoin but it will have brothers and sister coins. Altcoin is to bitcoin as bitcoin is to the USD. So altcoin doesn't really need to have a chance with bitcoin. Unless a newer better version of bitcoin with better technology comes out. Its mostly up to the technology behind the coin and not the coin itself.
I think even though altcoin has great technology though. If the user prefers and believes in bitcoin. Then the altcoin will not be able to do anything including take over
legendary
Activity: 1806
Merit: 1090
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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 Altcoin's with good functions can rise and co-exist to compete with Bitcoin. Litecoin has been around the longest but coins with good dev teams and frameworks can succeed looking at Ethereum Dash Maid Nxt Monero etc these coins all have a decent userbase that may use Bitcoin as the trading mechanism but use their own coins as well in normal transactions.
Market cap and usage may spread out if the fees stay high in the long run but there will still be the main driver others may take the sideseating though.
hero member
Activity: 3080
Merit: 603
We will see a clear winner. It won't be for several years though. I'm still putting all my chips on litecoin.
I think litecoin loses prestige with ETH and other new coins. But litecoin still lives and competes. But I'm a bit hesitant with litecoin.


I don't think that those two will have chance against bitcoin. It's clear that bitcoin has a bigger value with it's market cap and ETH and LTC is very far from it so I don't think that it is going to be a good chance for those alt coins because bitcoin will always be on the top. I will remain with bitcoin as the price keeps on climbing.

I will certainly stay with bitcoin for sure, and just like you said the price is getting a little bit what some is expecting and that is going up, but some Altcoins was fighting decently but they are more far back behind bitcoin, but still there are many investors keeps on investing to these Alts because of a certain changes in some things they are doing. well we just need to take a look out on some things other that bitcoin once in a while!

Me either, I don't want to try other alt coins for being my main carriage of my fund. I'm going to use alt coins for trading but bitcoin will always be my main crypto currency. Those alt coins that are following bitcoin's path are good but still they will don't have any chance against bitcoin, we know about it bitcoin is the number 1.
sr. member
Activity: 546
Merit: 250
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Bitcoin has a lifetime of more than 10 years still. So I dont think altcoins have any chance till then. Any altcoin it may be, Eth or LTC may pass Bitcoin in the future but its far from now for sure.
It is hard to determine whether any alt coins will be competent enough to challenge bitcoin even in the future,ETH can be used as a contract and you do not call that a currency and Litecoin is a script coin and with the activation of segwit the price of litecoin started its rally but there is no way that either or any coins will over take as the superior coin,when people are looking for privacy then anonymous coins will be a benchmark for online transactions.
sr. member
Activity: 756
Merit: 253
I think no altcoin have a chance against bitcoin but collectively they can be a counterbalance which is only wright.


Even collectively the current crop of Altcoins stand no chance with Bitcoins, they are all forking each other and lack genuineness and innovation. If there will ever be an alt to unseat Bitcoin the hen it has to be different in approach than the current Alts.
sr. member
Activity: 379
Merit: 250
No, because there is at least a domain where Bitcoin will excell this is in store of value. For big international transfer also, Bitcoin will stay the king because when transfering 10BTC a 2 mBTC fee is not a problem. Only for micro-transactions Bitcoin could let some place to some other crypto-currency.
hero member
Activity: 1372
Merit: 503
Bitcoin has a lifetime of more than 10 years still. So I dont think altcoins have any chance till then. Any altcoin it may be, Eth or LTC may pass Bitcoin in the future but its far from now for sure.
Its in the long run now bitcoin is going more popular when the last last or past years bitcoin has a good potential to be increase by the year past not like atlcoins whether the bitcoin will dump alts are increasing. Nope im not agree with eth or ltc. eth are depending his self with bitcoin also ltc so there no possibilities that it could be pass bitcoin in future.
sr. member
Activity: 1498
Merit: 251
KUWA.ai
I think no altcoin have a chance against bitcoin but collectively they can be a counterbalance which is only wright.

altcoin to balance the crypto world that does make sense and people keep spreading hate towards alt, just in bitcoin discussion, a little part of this forum
legendary
Activity: 3010
Merit: 1028
Leading Crypto Sports Betting & Casino Platform
We will see a clear winner. It won't be for several years though. I'm still putting all my chips on litecoin.
I think litecoin loses prestige with ETH and other new coins. But litecoin still lives and competes. But I'm a bit hesitant with litecoin.


I don't think that those two will have chance against bitcoin. It's clear that bitcoin has a bigger value with it's market cap and ETH and LTC is very far from it so I don't think that it is going to be a good chance for those alt coins because bitcoin will always be on the top. I will remain with bitcoin as the price keeps on climbing.
Bigger value doesn't mean it'll holding on to be number one, it all depends on many factors and what make the value of a coin is high is the demands. So, it's come to conclusion that the main factor which affect the position of altcoin very much is demands, the rest is like the development and project regarding of the coin and so on.
And also, the acceptance of coin in the world might be a tool to determine whether the coin is popular or not, and not just a trading tool.
hero member
Activity: 2590
Merit: 644
I think no altcoin have a chance against bitcoin but collectively they can be a counterbalance which is only wright.

A lot of altcoins out there have a chance for replacing the bitcoin because the developers of the altcoins see the common problems in bitcoin and they fix it by creating another kind of coin that solve the problems in bitcoin but basically, they are not popular yet because a lot of people or the majority of people here focus in bitcoin but when the network gets slower, the bitcoin users will migrate to another faster cryptocurrency.
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