Topic: Question about altcoins. - page 2. (Read 1159 times)
Ethereum is and will be better than Bitcoin. It's a matter of time before it will overtake BTC in Marketcap. Even when ETH is number one, BTC will remain the king.
Not so long ago John Dili, strategist of Blockstream, during an interview called altcoins Scam. But at the same time added that he did not consider them as other alternative cryptocurrencies, a threat to Bitcoin. Also during the conversation, Dili, expressed his opinion about the motives of speculators, who by their actions try to instill uncertainty in users of Bitcoin.
The application scenarios for each currency are different, so a lot of coins will be created. Many coins can be used as the value of swaps, currency exchange and some direct.
altcoins exist to compete bitcoin, whether they'll succeed or not, god knows. There's many factors that determine whether an altcoin is much better than bitcoin mainly by its feature but doesn't mean the altcoin will be a huge success unlike bitcoin.
and for the last question, the answer is yes as long there's an exchange available.
and for the last question, the answer is yes as long there's an exchange available.
altcoins have a better chance to increase your return, everyone owns BTC and ETH but not many people altcoins, which could change in the future and prove them more valuable
I think that there will always be a lot of cryptocurencies. Each cryptocurency (both bitcoin and altcoins) has and will have it's own benefits and drawbacks. But with mass adoption there will be segments (niches) with a leading cryptocurrency in that segment. The leading cryptocurrency in a segment is needed because its capitalization should be high enough to be more stable and have low volatility.
Bitcoin is the most acceptable now because it was the first one and so was adopted more than others. But this will change in near future.
Bitcoin is the most acceptable now because it was the first one and so was adopted more than others. But this will change in near future.
why not? You can make your own cryptocurrency too if you have what it takes. I think the point of this is competition. It's a good thing that we have different implementation. Different focus and roadmap. A healthy competition is good for the eco-system.
There are some other coins that can be directly converted to fiat money. You should look for your local exchanges. In my country you can convert bitcoin and litecoin to fiat money easily. Nothing for ether sadly. I believe Ethereum is the best altcoin right now.
Different coins can serve a different niche there doesn't have to be one best coin. It's similar to saying there has to be one best company.
I think there was not a time when there was no duplicate in terms of token or coin use. That means projects are really unique and not just a copy of another one. Litecoin I read somewhere is essentially a copy of Bitcoin. Those were the times. And then the influx of so many projects on blockchains followed, projects are getting similar with one another.
Different coins can serve a different niche there doesn't have to be one best coin. It's similar to saying there has to be one best company.
I think there was not a time when there was no duplicate in terms of token or coin use. That means projects are really unique and not just a copy of another one. Litecoin I read somewhere is essentially a copy of Bitcoin. Those were the times. And then the influx of so many projects on blockchains followed, projects are getting similar with one another.
Different coins can serve a different niche there doesn't have to be one best coin. It's similar to saying there has to be one best company.
I still don't get it why there are two coins so I gotten questions out of my curiosity.
Will altcoins be much better than Bitcoins?
Will the currency be good? than Bitcoins? or its just the same?
Can altcoins be directly converted to money?
-Preferably BTC rather than ALT, but the ALT velocity problem is much better they are very quickly confirmedWill altcoins be much better than Bitcoins?
Will the currency be good? than Bitcoins? or its just the same?
Can altcoins be directly converted to money?
-I do not think it's great depending on the owner and the creator, BTC is better than the ALT.
-Most ALT are only converted to BTC, only a handful can be converted directly to money.
So many coins are being created on daily basis
To get answers for all your questions we need to understand what means good cryptocurrency.
If you want to earn money - use altcoins. Some of them have much more volatility, than BTC. This means more chances to earn pretty fast. In this case usually you have more risk to lose. It depends on your experience and so on.
If you want just save and increase money for long term - choose BTC. It's like a gold in cryptoworld.
If you want to earn money - use altcoins. Some of them have much more volatility, than BTC. This means more chances to earn pretty fast. In this case usually you have more risk to lose. It depends on your experience and so on.
If you want just save and increase money for long term - choose BTC. It's like a gold in cryptoworld.
Will altcoins be much better than Bitcoins?
the altcoins that are alive today? no. there is very little chance of that happening. they are not offering anything different or if they do, that difference is causing more issues than it fixes things.Quote
Will the currency be good? than Bitcoins? or its just the same?
so far they have not been any good or better than bitcoin or even remotely close to bitcoin. and i don't see any reason to believe this can change anytime soon!Quote
Can altcoins be directly converted to money?
some of them yes, most of them no. I still don't get it why there are two coins so I gotten questions out of my curiosity.
Will altcoins be much better than Bitcoins?
Will the currency be good? than Bitcoins? or its just the same?
Can altcoins be directly converted to money?
The answers for it is by researching.Will altcoins be much better than Bitcoins?
Will the currency be good? than Bitcoins? or its just the same?
Can altcoins be directly converted to money?
btw.
altcoins have their own uses and features that we can use in the future. Although they have a better one but it doesn't mean it will take over bitcoins.
Altcoins can be converted in fiat it depends in what exchnanges you wanted in other coins or fiat.
altcoins was created to be a good alternatives to bitcoin so just in case bitcoin crash there's still other options for us since we cant say which one is good or which is not, but its part of the system inside crypto currency I think many people already enjoying this alts trading because its helping the industry to grow fast, bitcoin is
getting attention so with alt coin market.
getting attention so with alt coin market.
China functions beside a currency value. Some aspect are better or not ?
Here's my 2 cents-
-->There are more than just 2 coins in the Crypto works and like how others mentioned, check them at coinmarketcap site and also in ANN announcement section here. I am sure you will find lot of info.
--> Altcoins have its own advantages. We have POW and POS altcoins. Bitcoin is mostly used for trading and for long term. Altcoin can be used for short to long term gains.
--> I would say Cryptos are much better than normal currencies and I am sure you know why is that.
--> You can sell altcoins for BTC and then convert BTC to your local currency.
-->There are more than just 2 coins in the Crypto works and like how others mentioned, check them at coinmarketcap site and also in ANN announcement section here. I am sure you will find lot of info.
--> Altcoins have its own advantages. We have POW and POS altcoins. Bitcoin is mostly used for trading and for long term. Altcoin can be used for short to long term gains.
--> I would say Cryptos are much better than normal currencies and I am sure you know why is that.
--> You can sell altcoins for BTC and then convert BTC to your local currency.
I still don't get it why there are two coins so I gotten questions out of my curiosity.
Will altcoins be much better than Bitcoins?
Will the currency be good? than Bitcoins? or its just the same?
Can altcoins be directly converted to money?
Will altcoins be much better than Bitcoins?
Will the currency be good? than Bitcoins? or its just the same?
Can altcoins be directly converted to money?
according to questions and statements from you I will reply, maybe altcoin will not be much better than bitcoin, with altcoin price fixed to bitcoin, it could be altcoin will be much better than bitcoins, whether that's when it comes.I think that determines the good eye money on a day that is the users, the more people who use it the more it will be high level of price.
Jump to: