Topic: I've Had Enough Of BTC - Converting To A New Currency - page 4. (Read 4970 times)

There isnt another stable altcoin to invest at all, it go up and down all days, eth, ltc, the thing is always btc changes soo it affects the market directly, you can try other altcoins but you might loose some money, but for other side no delays into transactions has bitcoin is getting now.

ETH has been stable for a little while now. I think it will keep improving over time. They are on step 3 out of 4 on their master plan for it. Price should go up a lot when they get step 3 done.

XRP also looks to be something that will be worth a lot in the future. Use those.

It should but most are sticking with bitcoin, and converting some amount in some alt in purpose of creating profit. Its always good to invest or keep in some other currency or convert it to gold maybe. But there is always that thing when someone is going do dump the alt price will go down that is risk that we all have to take.

If enough of  us decide to do this, this could actually lower bitcoin value and pump the alt that we decide, right?
So that could be a beneficial step also, unless someone then decide to jump right back in after cashing in the profit from dump and pump of both currencies.
But I'd agree with this, I think it could be time that we should think of an alternative, will be interested in seeing what the more experience people will say about this, and which alts they think are good enough for a move like this.

First of all who told you to do the business only with Bitcoin? Bitcoin should have supplanted your existing currencies rather than you making it main stream for business and the confirmation issue is not new it's been there in the past, so before pointing fingers at btc you should point at your self you failed to do your research. There are not really that great currencies and personallly I don't prefer the alts but I have heard that dogde and monore are doing really good, the latter was dubbed the next Bitcoin. You could have a look in that, but would again advice you to supplant this virtual currency not mainstream it.

Don't give up on btc. As the telic/parent, the space honestly depends on bitcoin succeeding, so that confidence in cryptocurriencies can grow to the point where other coins are ubiquitous and accepted. There are plenty of promising coins with unique functions; but you would always do well to keep a btc or two to the side for a much later date. The greatest amount of infrastructure has gone into btc; people will be increasingly reluctant to abandon all that progree as time goes on.

You can sleep around on btc, but never abandon it.

You can shift to many crypto currencies out there but this currency has a great value and then convert to real money.
If you're going to make it as a payment for your e-commerce site you will have a bad time, bitcoin is great as an investment for long term unlike altcoins
but if the community finally has consensus and chose segwit then the transaction will get confirmed instantly and the delays will be no more.

Actually did that. Converted half my bitcoin to litecoin. And now that you can purchase litecoin off of coinbase even better.

Guess I'll be treating Bitcoin like my savings/investment accounts unless something changes. Whenever I have a decent amount of extra money, throw it in and check back every few months to see how its doing.

I'm not sure people are switching.. Total cryptocoin MarketCap is growing.. this mean more money enter crypto.

I dont see a better alternative to Bitcoin even with higher fees and some slowdown on confirmations.. It may hurt the microTx business for now, but solutions are on the way

A better alternative needs to be as widely accepted as paiment.. it needs trust.. liquidity..

Nothing I know can be as fast, cheap and usefull as Bitcoin is.

Bitcoin is strong and will still be, better be patient for the solutions to be applied.. Otherwise it may turn to nightmare with like-BU suff happenning

IMHO, BTC is the one, others are gambling or private business !

Ethereum and Ripple seem to be catching up on bitcoin and look to be on track to be even better. If I become disillusioned with bitcoin, like some here are already, maybe I would sell half of what I hold and just invest that money somewhere, then I would just hold the remaining half in hopes that in the future things are going to work out well for every one concerned.

This is one of the reasons why altcoins can survive along with bitcoin. At some point, bitcoins are going to be too expensive.

Fine by me.
I would recommend looking into ETH or LTC if you're unironically trying to switch cryptos, since those who at least have a little bit of a larger capacity for being a real crypto to use and less of just being a meme that everyone speculates on. ETH is especially good for this since it has a decent track record when it comes to it.

I guess bitcoin is not a good investment at this time and really fees and so over price in the sence the it is almost 1 dollar but when you are finding a new currency probably i will buy ethereum it the closest currency in bitcoin and probably will be the next big thing in the digital world so i will buy it.

The transaction delays are disappointing but if you are capable of providing higher fees then you might get it faster,the coins i use as alternative are litecoin and ETH because when i am trading and i am making a lot of moves i have to stick with alternative coins to reduce the fees i am spending at exchanges to increase my transaction speed and profit.

Clear answer to OP: Litecoin. It is the next best alternative, it has been around almost as long as BTC. It is BTC's younger brother. There is a large hashing infrastructure and most exchanges trade it, in large volume.

It confirms fast, low fees...and will always stay like that, due to Segwit/LN plus guaranteed on-chain capacity.

Its unfortunate that is the position where we are currently where people are choosing alt not because its a good alternative but because bitcoin is making itself to be substituted. I just hope majority of people will not because of the difficulty experienced now will not abandon bitcoin then it becomes worthless all together.

Cryptsy was an Alphabet honeypot

Scam coin is a buzzword most altcoins are not scams, we should get something done but no one can agree on what and that's what is the true stagnation issue with Bitcoin. We have BU who can't keep their code clean and tries to shill their way to popularity, we have segwit which can't get the miners on board because it'll kill asic boost. We have random block size increases which won't get support as we will have to just hard fork again each time it's needed.

cryptsy hosted multiple dead coins and fibrecoin on poloniex had a giant pump when its blockchain didn't even work. definitely possible.

My idea is that this is because the price has nothing to do with the crypto tech.  The price is the one of IOU on exchanges, on which people are betting.  Those IOU don't even need a working block chain.  I think we entered the era of pure speculation on crypto, without any connection to its block chain thing, OK, you do need to know that *in principle* you could get your coins off an exchange to put it on another exchange, in the same way that you might want to know that you can get a printout of your balance sheet of derivatives on which you've been investing/gambling/speculating with your broker.  But essentially, crypto is now totally speculative, with no reality connected to it, other than some illusionary story in the far future which is good enough.
As such, most probably bitcoin's price is rising because people betting on it on exchanges somehow figure that the associated block chain congestion problems will most probably some day find a solution - but even if it doesn't, the simple idea that "one day" it will find a solution is good enough, because that block chain is not used to bet on the exchange IOU.

I even wonder if some of the lesser alt coins were simply stopping its chain, would that even affect its betting price on exchanges ?  I think all crypto is evolving towards that: exchanges being betting clearing houses, and now and then, a settlement between exchanges is necessary and there, the block chain of the corresponding coin comes in handy.

As of now, crypto is becoming entirely speculative.  I think this can go sky high.