Do you think that other coins move faster? - page 86.

crisanto01

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Quote from: Bolivar_Tony on May 31, 2018, 05:00:40 PM

Quote from: GrannyC on February 23, 2018, 02:59:51 PM

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?

Yes, other currencies are moving faster than bitcoin. But even if these currencies move fast, they are never as high as bitcoin. Bitcoin is the most traded electronic currency in the crypto market. Bitcoin trading is always bottlenecks and slow processing

Well, it depends on the coins, some really move fast if they have a great platform and people/investors found it as an interesting project, and would like to support it, but if not then people would not be interested buying more of it, so it really depends on the coin sometimes they are relying on the team.

Superzpay

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Quote from: GrannyC on February 23, 2018, 02:59:51 PM

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?

When the market start to run then all of the coins start to increase in value and the speed of bitcoin remains faster than all other coins while if you are talking about the current market then none of the coin is going faster than bitcoin but they all are just doing pumps and dumps and the reality is that the fluctuations of them are just higher that is why we are seeing a high increase in the price but after some days the price decrease on that speed.

yoseph

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Quote from: Emanammy on May 31, 2018, 04:46:17 PM

In my opinion,other coins do not move faster because bitcoin is the king of the other coins.it is leading with other coins.today its value is more expensive then other coins.Indeed bitcoin become popular among peoples and users then other coins.

Due to the scaling issue and it's small block size, Bitcoins is somewhat slow in confirming transactions when it is compared to other cryptos. But with the implementation of the Lightning Network, We are optimistic that Bitcoins can even become faster.

Bolivar_Tony

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Quote from: GrannyC on February 23, 2018, 02:59:51 PM

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?

Yes, other currencies are moving faster than bitcoin. But even if these currencies move fast, they are never as high as bitcoin. Bitcoin is the most traded electronic currency in the crypto market. Bitcoin trading is always bottlenecks and slow processing

bitzizzix

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Reward: 10M Sheen (Approx. 5000 BNB) Bounty

Quote from: GrannyC on February 23, 2018, 02:59:51 PM

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?

Bitcoin remains the best coin among other coins, and I think the movement of other coins depends on bitcoin movement and the difference is very thin will still adjust the bitcoin.
nothing will exceed the bitcoin value and if it competes there may be but will not exceed the bitcoin value.

Emanammy

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In my opinion,other coins do not move faster because bitcoin is the king of the other coins.it is leading with other coins.today its value is more expensive then other coins.Indeed bitcoin become popular among peoples and users then other coins.

Sobol101

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It is possible that some coins develop much faster than some, but at the same time the coins guarantee their future, developing, and transferring their boundaries already beyond.

jefrihunter

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i think bitcoin has become very slow in price growth and very slow in performing its normal functions because of which it can not fully perform the function of a payment facility. Some altcoins, on the contrary, improve and become real competition to it and tokens at this time are developing, so we can say that they are ahead of bitcoin in their development. Of course, it is still difficult to draw any conclusions. However, the trend is not very good. Now bitcoin is still difficult to use as usual money

MrDom2

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https://themerkle.com/2-out-of-the-box-icos-that-will-surge-in-2018/

soname12

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Quote from: GrannyC on February 23, 2018, 02:59:51 PM

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?

Agree with you that Bitcoin is dealing with very slow. But I think because the number of Bitcoin transactions in the day is too much. So Bitcoin handles slower transactions than any other coin

niz3r_nade

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I think bitcoin is good, because bitcoin can affect other coins. indeed sometimes bitcoin moves a bit slow, but it does not last long. bitcoin always recovered.

samvel86

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In my opinion YES other coins are moving faster and faster. And soon Etheeum also willl reach up, but also I'm sure that there is no other coin that can reach Bitcoin's price. So at least I can say that it's a big step to forwad, and soon all will be very nice.

hirngespenst

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I don't think bitcoin is too slow. Yes, bitcoin transaction is slower than Ethereum and other altcoins. But It is improving day by day. Blockchain Network is being fixed to make bitcoin faster. And, the bitcoin has no competition. Because the competitors need to be Equal. And I think there are no coins in the market which is equal to Bitcoin. Bitcoin will fly after few months. We have to keep supporting and spreading the good news about bitcoin.

S.R Rikto

newbie

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I blv for bitcon .I think bitcoin is not too slow than coin altcoin, at the current price of bitcoin is quite expensive, and from the price created bitcoin until now the price has gone up many times from the original price, this shows that bitcoin is also very fast moving.Thanks you

nicpaig

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Quote from: GrannyC on February 23, 2018, 02:59:51 PM

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 my own opinion, other coins cant compete with bitcoin because as far as I know some of the coins are just relying on bitcoin. Eventhough they passed the price of bitcoin, we cant deny that they are just made after bitcoin.

freesia_pnp888

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i prefer coins that progress stably and slowly, like proving its worth during ups and downs is more important!

serverus

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We all know that cryptocurrency world gain so much popularity. Lots of new born cryptocurrencies has been launched because of the wide adaptation of blockchain technology. Because of this many other coins has been introduced that is used a medium of payment for every transaction of those certain projects or business.
This will help the economy of cryptocurrency to grow more and expand

aderupoko

newbie

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before all other can move,,i think it as to do with bitcoins,,once bitcoins move other coin follow,,so if the market didn't favour bitcoins it will affect others

Vincent Wright

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Bitcoin is doing just fine if you the whole idea in broad sense. It is just that people are misusing the whole thing for their own benefit and there is very less concentration in the development aspects of the bitcoin. We can see that how bitcoin is resisting at different level of market cap despite the thing that it’s not getting much attention at its development core.

MalakEnay

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In fact, the main issue in cryptocurrencies is not about which one has the capacity to generate more profits for speculators, but which one can adapt to the demands of a growing community of crypto-enthusiasts eager to find a reliable and flexible alternative to the current centralized financial system. The issue of price turns out to be secondary to the main approach, despite the great relevance it has received in the last dates.

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