Do you think that other coins move faster? - page 95.

batang_bitcoin

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Quote from: GrannyC on February 23, 2018, 01:59:51 PM

Do you think that Bitcoin has become too slow to compete with the relatively quick alt coins out there?

I thought you are addressing the slowness of its confirmation with transaction. Why are you looking for competition? Its clear that no one can be matched with bitcoin.

Quote from: GrannyC on February 23, 2018, 01:59:51 PM

Is it realty competitive to have a slow community rather than a centralised decision making in development?

I don't know in what aspect you are looking with a "really" competitive slow community. Huh

Quote from: GrannyC on February 23, 2018, 01:59:51 PM

In other words, does the community effect of decentralisation enough to counterbalance the difficult decision making processes?

The community does portray a big effect about decentralization. And decision making is depending on everyone's perspective but not as a whole.

justine11

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Quote from: GrannyC on February 23, 2018, 01:59:51 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?

If you are always looking at the bitcoin fees, (not whine here on forum) bitcoin fees are now a lot lower than last year's fees (i don't know the reason of mempool clearing maybe spam attack is over?) for now the Priority fee now is 30 satoshi per byte that is very cheap for a priority fee compared to the transaction fees reaching up 20 usd due mempool bloating last year but now you can pay 0.5 usd im fees and you transaction will be confirmed within minutes if you didn't believe me here is the link: bitcoinfees.earn.com

Umkar

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Of course, bitcoin because of its shortcomings has become very slow. He could no longer compete with young promising coins having better functional qualities. Recently it was obvious. However, after the new version of bitcoin was released on February 26, 0.16.0 with full SegWit support, the situation should radically change. Bitcoin should quickly get rid of its shortcomings and fully restore its efficiency and popularity.

Happyniall

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Bitcoin has slowed right down and other coins and tokes have followed. When the crypto world becomes more confident in crypto currency, then the others will follow and we shall all embrace tie rise

felicita

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only bitcoin has big poularity and even this is not much . becourse noone have bitcoins.
So i think for the next year no other coin will beat the core but maybee later when there are more applications for the Internet of thinks.

regards

EmmanCryp

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QUUBE — First&Only Quantum Resistant Ecosystem

Bitcoin has not become too slow and is not competing with any altcoin. Without Bitcoin, other altcoins are at risk. Let any altcoin handle half of the load Bitcoin is handling and see what will happen to them

Shipitcinvova

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I do not think that the bitcoins will become the official currency. People aged will not approve this decision

Brito

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Quote from: GrannyC on February 23, 2018, 01:59:51 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?

On the question of the title of the post, my answer is definitely yes. BTC slowly begins to lag its development, against several of the altcoins such as Ethereum and Ripple and perhaps Litecoin. This is my view about the things.

bit-freedom

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Bitcoin might be slower than some 100x coins, but BTC price is much steady than the other coins. Coins that goes 100x can end up dumping fast.

AdoboCandies

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Giggity

Bitcoin is not slow it has a higher value so the other coins will move faster than it because it has a low value or a smaller market value cap and other people would invest to it because it has a possibility that the price of the other coins would go higher in the market just like bitcoin and because it is too expensive in investing in bitcoin so they would go in other coins.

kier010

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Quote from: GrannyC on February 23, 2018, 01:59:51 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?

you can't say bitcoin is competing with altcoins the right to say is altcoins competing with bitcoin. without bitcoin altcoin won't be here or years later before they will be invented. altcoins only emerge after the success of bitcoin and what they do now is catch up with bitcoin.

nick_nick

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Quote from: GrannyC on February 23, 2018, 01:59:51 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?

some altcoins are doing greatly well in the system but don't think it has much advantage over bitcoins. Bitcoin is tried and tested; the first cryptocurrencies that have made many people rich. Those altcoins would also experience falls in no time which may not even rise as we can have assurance of BTC rise

Allan Ramanda

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Quote from: vv181 on February 27, 2018, 09:16:44 AM

Quote from: GrannyC on February 23, 2018, 01:59:51 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?

Well, there is a better altcoin with designed technology and offer a great roadmap, and Bitcoin can't do anything about it due to the nature of Bitcoin development being slow paced and lack of significant change.

Quote from: GrannyC on February 23, 2018, 01:59:51 PM

In other words, does the community effect of decentralisation enough to counterbalance the difficult decision making processes?

No. Consensus will solve the problem.

bitcoin lets good quality stuff and altcoin equal to low quality goods. so it is a natural thing if altcoin wants to continue to grow like bitcoin. what altcoin takes is the consumer, as with many altcoin consumers will progress. therefore altcoin has a low price, but many people are able to buy and trade it.

vv181

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Quote from: GrannyC on February 23, 2018, 01:59:51 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?

Well, there is a better altcoin with designed technology and offer a great roadmap, and Bitcoin can't do anything about it due to the nature of Bitcoin development being slow paced and lack of significant change.

Quote from: GrannyC on February 23, 2018, 01:59:51 PM

In other words, does the community effect of decentralisation enough to counterbalance the difficult decision making processes?

No. Consensus will solve the problem.

Golftech

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Quote from: ObscurePen on February 27, 2018, 06:07:48 AM

No bro. Never. Bitcoin and other altcoons are rising and falling pretty much at the same time. As an experienced and highly reputed trader Cool

, I noticed such a trend ages ago. Just look at the cryptocurrency charts. You will immediately recognise that most altcoons have the same trend as Bitcoin.

Here is the link to the page: https://coinmarketcap.com

Just check the 7 day price graph. You will see what I mean.

It's really relying with investors way, those coins that we noticed which moving greatly are those who have small market cap but eventually after that rise it will also fall after, bitcoin already have a lots of supports and already gain enough attraction to invite more investors to join the ride, while we are experiencing so much fluctuations from time to time we still in the process of progressing, in due time when people realize how good bitcoin was and how
they can rely their business, surely we will see more rise, and movements will be much quicker.

ObscurePen

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No bro. Never. Bitcoin and other altcoons are rising and falling pretty much at the same time. As an experienced and highly reputed trader Cool

, I noticed such a trend ages ago. Just look at the cryptocurrency charts. You will immediately recognise that most altcoons have the same trend as Bitcoin.

Here is the link to the page: https://coinmarketcap.com

Just check the 7 day price graph. You will see what I mean.

arteezyy

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Not really because i believe that bitcoin is still he undisputed number one cryptocurrency out there. Maybe we have our own different opinion but i believe that bitcoin will make a comeback while other coins that are growing too fast will inflate like a bubble and boom. Gone like the wind and those pitiful investors didn't even realize the risk of a high increase. Well no one can really predict the future so we cannot say who is right and who is wrong.

A L I E N

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Quote from: andylioe78 on February 23, 2018, 11:50:12 PM

Certainly fast-moving Coins generally have smaller market cover and also try to solve real-world problems, Bitcoin has been traveling fast since the creation of bitcoin, but the bitcoin end is a bit slow for travel, but also not so missed with altcoin travel for the time being.

Altcoins prices grow very fast when it is on the first stage of its existence. Then we see the short-term sharp rise. After there is a moderate growth. This is best option. Most altcoins go down after the period of going up.

wpc143

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This hits my mind too. But as what I have observed in the prices it's not, because everytime the price of bitcoin increases, the price of altcoins decreases and when the price of bitcoin decreases, the price of altcoins increases. So for me, the movement of all coins depends on its demand.

geopolisch

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Quote from: Ukaraki on February 25, 2018, 02:05:50 AM

Quote from: GrannyC on February 23, 2018, 01:59:51 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 is not a slow development compared to another coin, but Bitcoin has been around for a long time and continued to grow well. The currencies are now much more developed than Bitcoins. In short, these coins are also slow to develop and maintain to have more coins

Yes other coins do move or what you can say circulate at a faster pace than these coins but if we talk about the long term progress then there is none other option worth availing than the Btcs because even if they are slow due to limited supply but they are more beneficial than the other coins.

I could mark the basic reason behind this fact and that is even the bitcoin prices do fluctuate like the other cons but the fluctuation itself is the real landmark behind its success.

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