Do you see alts have chances against Bitcoins? - page 82.

bluefirecorp

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Quote from: pearlmen on April 15, 2017, 03:00:32 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?

Even with the negative factors and valid ones at that you listed there, I haven't seen businesses moving their funds to alts when they know to convert to fiat, most of the alts will still need to be converted to Bitcoin first. For me, I have not seen any alternative to bitcoin in the altcoin world but hopefully with gradual development one of them will come to mainstream and I can join in.

I agree. There is no way to tell for sure but it seems to me that buisnesses would be much more inclined to switch back to their local fiat currency if they switch to anything at all.

I think even with higher transaction fees there are enough benefits to bitcoin that many people will still deal in the currency. But switching to another coin seems the least likely option a buisness would choose. They are looking for stability.

ralle14

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I think so, because there was this one alt where one time it was over 1btc per coin on some exchanges. Also I think that the things you/op mentioned won't harm bitcoin it'll just bring more support since they can convert back the alts to bitcoin if they want.

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Quote from: dunfida on April 16, 2017, 08:11:03 AM

Yes,alts do have chance to rise up against bitcoin but would totally depend on community if they would move out because of tx fee problem of bitcoin then this would really be a serious issue against bitcoin because most people would really prefer cheaper and faster transaction fee but if people are basing on how reliable it is then bitcoin would really always takes the spot.

Alts can just have a greater value than bitcoin but it can have a chance to beat bitcoin in the first place since altcoin and crypto currency will only be remain under bitcoin since it is the only currency that can be traded wit all crypto coins, altcoins, and fiat money.

dunfida

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Yes,alts do have chance to rise up against bitcoin but would totally depend on community if they would move out because of tx fee problem of bitcoin then this would really be a serious issue against bitcoin because most people would really prefer cheaper and faster transaction fee but if people are basing on how reliable it is then bitcoin would really always takes the spot.

Bibite

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Altcoins will never reach the same popularity of bitcoin. Without considering the Crypto/Blockchain blogs news, we rarely see articles published about others altcoins and it's not because the lack of opportunities to have an idea to write a story about any.

Gembul

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Quote from: Anarchist on April 16, 2017, 07:14:08 AM

I think some altcoins do have chances to reach the level bitcoin currently has, but not a lot. I am thinking about 3-4 but not more than that. If you think about some altcoins fully taking over the popularity bitcoin has, then keep dreaming, this day will never come.

Yeah, I'm sure altcoin not be able to fully take control of bitcoin instead it will never happen. And what happens nw is bitcoin control altcoin in my opinion. But the possibility altcoin price will equal the bitcoin price I think it could happen but to make bitcoin such circumstances. Then that required state or news make bitcoin weak. Thank you

dothebeats

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There are some that could be a pretty interesting alternative out there, but if you are telling us that would there be even the slightest chance to replace bitcoin as a whole? That would be too far-fetched since many people have already been used to what bitcoin offers and many millions of dollars are already built upon it.

Anarchist

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I think some altcoins do have chances to reach the level bitcoin currently has, but not a lot. I am thinking about 3-4 but not more than that. If you think about some altcoins fully taking over the popularity bitcoin has, then keep dreaming, this day will never come.

Cherry Girl

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Bitcoin is the strongest and most reliable crypto currency. There are moments of price reduction, but thanks to this, it only becomes stronger and better.

boyptc

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Quote from: OneUnderBridge on April 15, 2017, 04:43:15 PM

Quote from: boyptc on April 15, 2017, 04:30:43 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?

Chances of alts to rise is there but you don't have to worry about it as most of us are making bitcoin as our main crypto. And the whole market is centered for using bitcoin. What big businesses you are saying that move their bitcoins for alts? Most of the businesses will always remain with bitcoin they don't want to take the risk.

For me, bitcoin is too expensive. I've been looking at the alternative technologies to see if I might be able to get in on the ground level of something great. So far, I haven't invested in anything yet, but I have a couple I've been watching very closely.

It's too expensive for now when you just entered bitcoin for a while. It's up to you if you haven't invested yet, because it's your responsibility to make sure about what you are doing. And for those that you are watching, what are those alt coins? I believe that no one can against on it because it's truly a very strong coin.

Dem-artini

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It is difficult to predict what will be better in a few years. Bitcoin himself has proven himself well over the years, but the violas have a chance. It all depends on the users.

DoublerHunter

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Quote from: Amph on April 16, 2017, 02:03:54 AM

altcoin are definitely helping bitcoin more than trying to overtake it, you can see that with all the alt, there are more money involved in crypto

also some alt attracted tons of investors in the past like doge coin for example, they are a good magnet for newbie investors that are approaching bitcoin world

I do agree with you. Altcoins are just kinda like helpers for bitcoin to get or gain some investors or users because the altcoin market are very cheap and they help bitcoin by their market. i.e is when a person want to invest in altcoin then he would probably buy bitcoin which will help the bitcoin economy because of the supply that will be cut from the circulating supply and it will go to the market of altcoins which will do the same. So altcoins is just like a helper for bitcoin but impossible to overtake bitcoin.

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Quote from: PeRo on April 14, 2017, 04:13:17 PM

Bitcoin will always be the top cryptocurrency, alternatives are just copies of it or scamcoins. No altcoin will ever get past Bitcoin, even if it has some problems right now, but the problems will be fixed soon enough. No large company that accepts Bitcoin will ever accept some altcoin.

I agree. Alts are alts. They will always be just alternatives.
Why are they forcing BU to be an alt. That is because of that. Nothing can be equal to bitcoin. They are just mimic of what bitcoin is now. They saw a large amount of profit with bitcoin that is why they are trying to copy it.
I dont think there is anything else that could be really near to it even with just comparison.

Amph

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altcoin are definitely helping bitcoin more than trying to overtake it, you can see that with all the alt, there are more money involved in crypto

also some alt attracted tons of investors in the past like doge coin for example, they are a good magnet for newbie investors that are approaching bitcoin world

theguy217

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No.
Just no.

Bitcoin is the first one and it has a lot of popularity than any other coin has or would probably have.
The public doesn't like confusing things. If they get into bitcoins they will probably just stick to it.
Other coins can just hope to increase in value (at least some ppl can earn some profits from it

.

ahmedjamal1998

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One thing I learned about cryptocurrency (I think I did ) is that speculation is mostly a myth.

You can't really know what's gonna happen next.
I think other alt coins have chances of existing but only side by side with bitcoins.
The idea of totally replacing the father of all coins is a bit inapplicable.

machinek20

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For alt coins replacing bitcoin chances are still small, bitcoin has been used in many places while alt coin only accepted in gambling site, so for temporary bitcoin will be undefeatable, but if bitcoin keep on continue charging high fee, then one day another alt will replacing it, but it will be a long road

warwar

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It has a chance that one altcoin will go battle against bitcoins in cryptocurrency markets.Current big altcoins like eth ltc and dash has the chance now to go up against bitcoins if just this altcoins will have more support like bitcoin has at this state.

Dorky

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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?

Mark my words: The alts have NO chance. Even the founder (vitalik of eth) gives bitcoin higher priority. Dash, monero, etc, they won't last.

coynedterm

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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?

Ofcourse few of the altcoins have probability to grow more in comparison of the bitcoin , Because they are giving more profit to hold then what we are getting in the bitcoin .
But here we should keep in our mind that king of the virtual currency is only the bitcoin and without bitcoin nothing is possible for the most of the altcoins , it is because most of the altcoins are buyable through the bitcoin only .
Here you can see the posw coin which is really growing with stability and also daily people are involving in the posw coin Because it has the future with POS wallet which is a growing exchange and the investors are increasing at this exchange also , so here it would be considered that fee of the altcoins are really at that position where they can beat the bitcoin in profit .

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