Topic: Do you think that other coins move faster? - page 40. (Read 7772 times)
Bitcoin and other coins are classified as cryptocurrency and use the same technology that is decentralized blockchain system. Today bitcoin is still the king of crypto.It is still the most popular and highest price. Bitcoin price movement also affects price fluctuation of other coins. So in that case I don't think that other coins move and develop or grow faster than bitcoin.
Unquestionably. Coins that climb rapidly for the most part have a littler market top and furthermore attempts to take care of genuine issues, and endeavor to frame a true arrangement as opposed to being a digitized cash. Coins that take care of these kind of issues pick up enthusiasm from individuals rapidly, and when there is more supply, coin costs tend to rise rapidly. Another variable that can influence coins to move speedier than Bitcoin is their market top. Take for instance a coin sitting a rank 300 contrasted with Bitcoin at no1. Bitcoin is as of now crested, as in there isn't much space at Bitcoin's cost to develop as it is as of now so high. Then again, the lower positioned coin can have space to develop and may likewise be called "underestimated" because of it's low market top. A lower showcase top with open intrigue will probably move significantly speedier than Bitcoin
It could be because bitcoin market price is already high and it could barely move to a point being measured in terms of percentage.
Now also a lot of tokens appear that are taking for truncations of 0. I think the future is for them. Too many crypto currencies have sprung up, because it's easy to adapt blockchain technology. Many other coins have been found that are used for every transcript of any particular project or business. This can help the crypto currency economy.
Elephants look slower than other small animals but it doesn't reduce their effect on surroundings. Similarly Bitcoin has grown so much that its looks slower but it still controls the whole market.
Altcoins depend on bitcoin. The growth level and speed is influence by the bitcoin market. Bitcoin stands out because it retained it's growing market. While most Altcoins was simply hyped and fell off. Speed of growth isn't the only thing, market stabilization is very important.
Bitcoin has been on a fast journey all this time since it was created bitcoin, but the end of bitcoin is a bit slow for travel, but it's also not so lagging with altcoins travel for a while.
Bitcoin is proven to be the longest running in cryptocurrency.Eventhough other coins traveled fast,in a long run btc will remain sustainable.
I think it depends on pontential and popularity of the coins. Like bitcoin and ethereum they can move faster and increase their value because many still believe in bitcoin and ethereum. Besides this there is a lot of people investing in bitcoin and ethereum now because they think that it is not going to replace any coins in a near future, and they have fear of missing out of this opportunity.
Bitcoins are hindering Altcoin's movement speed, so we need to wait until Bitcoin becomes stable so that Altcoin can go up. The rate of Altcoin would be growing more and more dependent on Bitcoin, and we need to wait.
Definitely. Coins that move up quickly generally have a smaller market cap and also tries to solve real world problems, and try to form a real world solution instead of being a digitised currency. Coins that solve these sort of problems gain interest from people very quickly, and when there is more supply, coin prices tend to rise very quickly. Another variable that can make coins move faster than Bitcoin is their market cap. Take for example a coin sitting a rank 300 compared to Bitcoin at no1. Bitcoin is already peaked, as in there is not much room for Bitcoin's price to grow as it is already so high. On the other hand, the lower ranked coin can have room to grow and might also be called "undervalued" due to it's low market cap. A lower market cap with public interest will likely move much faster than Bitcoin
The market does not goes up all the time, There are factors that affects each movement of each coins including bitcoin. However, there is no given ceiling or flooring where the fluctuation would actually stop. Collectively, it seems that the movement of other alternative coins are still connected on the price value of bitcoin.
Of course, coins that move up quickly mostly have a smaller market cap. Coins that try to solve problem sort to gain interest from people very quickly, and when there is more supply.
Do you think that Bitcoin has become too slow to compete with the relatively quick alt coins out there? Is it realty competitive to have a slow community rather than a centralised decision making in development?
In other words, does the community effect of decentralisation enough to counterbalance the difficult decision making processes?
Well if you are comparing to the capability of 100th toove its ranked to 90 well it is easy to distinguish that that 100 to 90th place is a quick pacing, but as we all.know bitcoin is on number 1 therefore it is on top and can not compete to be higher because it is on top. Therefore what bitcoin focuses as of now is for it to maintain the good reputation to stay on top. In addition all coins are just dependent on to it. And bitcoin affects every other coins. In other words, does the community effect of decentralisation enough to counterbalance the difficult decision making processes?
Do you think that Bitcoin has become too slow to compete with the relatively quick alt coins out there? Is it realty competitive to have a slow community rather than a centralised decision making in development?
In other words, does the community effect of decentralisation enough to counterbalance the difficult decision making processes?
In other words, does the community effect of decentralisation enough to counterbalance the difficult decision making processes?
Moving faster or not is not the case here. What matters the most is how long will that coin survive in the crypto world. What if other coins really moves faster than bitcoin but can never replace bitcoin from being the top coin?
for the moment I do not see any altcoin going up, they just silence.
smeurut my personal opinion, as long as bitcoin still remains like now, all altcoin will never rise.
smeurut my personal opinion, as long as bitcoin still remains like now, all altcoin will never rise.
I think the move of other coins depend of the price of bitcoin because the price of btc have a big influence to other coins
It is impossible to tell with guaranty that will other coin move faster. Because its a technology and crypto currency. There have many coin and they are always rise to get out of. So maybe other coin move faster. But i think that bitcoin hold there 1st position,and move faster. Because bitcoin is most trusted and powerful coin. Most of people use bitcoin.
Do you think that Bitcoin has become too slow to compete with the relatively quick alt coins out there? Is it realty competitive to have a slow community rather than a centralised decision making in development?
In other words, does the community effect of decentralisation enough to counterbalance the difficult decision making processes?
In other words, does the community effect of decentralisation enough to counterbalance the difficult decision making processes?
It is not a matter of how fast a new coin grows, but the ability of that coin to stabilize itself in the long run while retaining the initial momentum it got. I have not seen any other coin so far which came closer to the value of Bitcoin even it was in a devalued position compared to where it was about six months ago, but still it is worth enough to hold it as a valuable asset. There were many altcoins which showed massive hypes at some stages but they couldn't retain it for a longer period.
Other coins can give better returns but:
1) You also get a lot of safety with bitcoins as it is very much stable.
2) Most of coins just follow the price movement of bitcoins.
1) You also get a lot of safety with bitcoins as it is very much stable.
2) Most of coins just follow the price movement of bitcoins.
Yes, because bitcoin is the very first digital currency and bitcoin is the basis of the crypto price, even if other coins move faster no one can still beat what bitcoins already achieved now.
Do you think that Bitcoin has become too slow to compete with the relatively quick alt coins out there? Is it realty competitive to have a slow community rather than a centralised decision making in development?
In other words, does the community effect of decentralisation enough to counterbalance the difficult decision making processes?
In other words, does the community effect of decentralisation enough to counterbalance the difficult decision making processes?
Bitcoin is just more established and stbale than other coin, its now widely known and accepted already. Bitcoin has reached its good state already which make it seems to be slow in progress. Other coin are actually juat dependent on bitcoin, they usually go where the Bitcoin orice go. New coin shows fast growth since its still starting to make a community that will partake on the development but in the long run, it will surely become like bitcoin also.
depending on the type of coinya gan. sometimes altcoins have a very fast graphic movement like tekonomy. although the price movement little by little. sometimes some follow the movement like bitcoin like etherium .
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