Should we support altcoins ? - page 22.

btcdepo

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Quote from: Aztek on January 14, 2018, 05:41:43 AM

Quote from: BitCoinNutJob on November 07, 2013, 01:07:05 PM

From a "lets make the world a better place perspective" should we support only bitcoin right now or altcoins also?

Would the world be a better place if we support bitcoin alone, rather than patronizing multiple altcoins? That is a very interesting question to consider, since altcoins are continuously emerging in the digital market. But , there is no certain answer on that question, only forecast and possibilities are there to look forward. Suggestions are there to be analyzed and studied carefully. Competition which is healthy, maintains balance and control.

Very well sait mate, to the point. Of course there is need to do a lot of analysis to see what can be the result and I believe even those analysis will not be so effective as there is not enough data to interperet. But generally speaking competition is always good for us. So I'm supporting alts.

Mymikagab

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Yes i choose only legit not scam so i choose wisely before i buy because many coin that you think is legit at first in the past is a scam after they earn a big abandon the coin and then it suddenly strikes its coin value

ipanks

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in my opinion, if we buy bitcoin or altcoin, indirectly we are supporting both of bitcoin and altcoin and we are making a contribution in cryptocurrency because maybe we have one vision about cryptocurrency. maybe we cannot give the biggest supporting for cryptocurrency but with buying and selling the cryptocurrency inside, we are going to make something better especially for our life first and then if we can give another support for the cryptocurrency, then our contribution will become bigger.

2taps

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Yes you should invest in altcoins because it can make you lot of money because some coins right now are like 0.001 dollars so that means if it will reach 1 dollar you will gain 1000 times your money. I hope that those small coins become big like ethereum because then a lot of people will become rich.

skyland999

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I think to make the profit we choose both but now I choose altcoin because the bicoin price is now high and unstable and the taxes are big, and we buy altcoin at affordable price and we get the profit we want.

BTCtrader9

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BTC has a lot of limitations like slow transactions and high fees which is not the case with altcoins.

So, we shouldn't just support BTC but the whole blockchain concept which is the real future.

cryptopolus

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I dont see why we shouldnt support altcoins. If i look at the big picture, i dont see a serious competition between bitcoin and altcoins. Latecomers can never take the position of Bitcoin and turn into no1, if they dont have any technological breakthrough. Just by being another token they wont have any advantages. Those that do better in some ways (like speed, size, anonymity) are a different cryptocurrency and so they have their own growth. They are no real competitors. Supporting altcoins also helps spreading the news and information about this crypto world, and thus they support bitcoin too.

jinksters09

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Both I guess because both of them are part of the cryptocurrency world and need the support from every people it can get. Also, both of them offers potential to help people earned more and be a smart investor, so if you ask me whether we need to support bitcoin we should also include the alternative coins also.

zmkriel

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Individuals can support whatever coins they want for as long as we can benefits on the coins that we supported. It may be bitcoins or altcoins because they are all crypto-currencies. Just chose for a potential coins though because there are some that are shitcoins and made by scammers.

PointHope

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Quote from: LeGaulois on January 14, 2018, 05:55:20 AM

Quote from: Janation on January 14, 2018, 05:45:21 AM

Quote from: Skieleton on January 13, 2018, 05:04:59 PM

An alternative is needed, it is safe. On the other hand, how would exchange trading work if it were not for altcoin?

That is right, it is not that bad to trade other digital currencies besides bitcoin, also imagine trading only bitcoin in exchanges, do you think it will be a good trade? Just trading BTC to USD and vice versa, that is pretty boring and I don't think that will attract more traders or investors. Also, not all people are that kind of attracted to bitcoin, some of them are also attracted to some alternative coins just like Ethereum and XRM.

Forgot the speculative side, because it's not the primary purpose to create a coin. Focus on the basic advantages we get. I am a strong Bitcoin believer but I also think some altcoins are needed. The coins focused on privacy such as Monero, Zencash, Cloackcoin, etc. It helps where Bitcoin is not good at, and believe it or not the anon coins will be a lot of more soon.

Indeed, we should be diversified some.

Bitcoin solid value.
ETH smart contract thingies
LTC speedy cheap transactions
DASH speedy cheap and also widely used
ZEC, XMR, good privacy coins.

Got some them all! 2018 will usher in a whole new era for the crypto..IMHO

PANK21

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Quote from: BitCoinNutJob on November 07, 2013, 01:07:05 PM

From a "lets make the world a better place perspective" should we support only bitcoin right now or altcoins also?

For me . I think that we should also support bitcoin because they are not that different. You can convert altcoins to bitcoins and bitcoins to altcoins so we better support them both for the sake of the crypto world.

Thirio

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We supported bitcoin but it's really hard to acquire. Having altcoin is okay, but having bitcoins ehile having bitcoin makes it better.

LeGaulois

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Quote from: Janation on January 14, 2018, 05:45:21 AM

Quote from: Skieleton on January 13, 2018, 05:04:59 PM

An alternative is needed, it is safe. On the other hand, how would exchange trading work if it were not for altcoin?

That is right, it is not that bad to trade other digital currencies besides bitcoin, also imagine trading only bitcoin in exchanges, do you think it will be a good trade? Just trading BTC to USD and vice versa, that is pretty boring and I don't think that will attract more traders or investors. Also, not all people are that kind of attracted to bitcoin, some of them are also attracted to some alternative coins just like Ethereum and XRM.

Forgot the speculative side, because it's not the primary purpose to create a coin. Focus on the basic advantages we get. I am a strong Bitcoin believer but I also think some altcoins are needed. The coins focused on privacy such as Monero, Zencash, Cloackcoin, etc. It helps where Bitcoin is not good at, and believe it or not the anon coins will be a lot of more soon.

Wagako

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Quote from: BitCoinNutJob on November 07, 2013, 01:07:05 PM

From a "lets make the world a better place perspective" should we support only bitcoin right now or altcoins also?

We should support all virtual currencies because it is really give us the opportunity to transact online very easy. All bitcoin is very important therefore we should support in order for them to fulfill there purpose. We shouldn't always focus to only one but we should support them all.

Janation

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Quote from: Skieleton on January 13, 2018, 05:04:59 PM

An alternative is needed, it is safe. On the other hand, how would exchange trading work if it were not for altcoin?

That is right, it is not that bad to trade other digital currencies besides bitcoin, also imagine trading only bitcoin in exchanges, do you think it will be a good trade? Just trading BTC to USD and vice versa, that is pretty boring and I don't think that will attract more traders or investors. Also, not all people are that kind of attracted to bitcoin, some of them are also attracted to some alternative coins just like Ethereum and XRM.

Aztek

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Quote from: BitCoinNutJob on November 07, 2013, 01:07:05 PM

From a "lets make the world a better place perspective" should we support only bitcoin right now or altcoins also?

Would the world be a better place if we support bitcoin alone, rather than patronizing multiple altcoins? That is a very interesting question to consider, since altcoins are continuously emerging in the digital market. But , there is no certain answer on that question, only forecast and possibilities are there to look forward. Suggestions are there to be analyzed and studied carefully. Competition which is healthy, maintains balance and control.

SixOfFive

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I am neutral towards this prospective and I Support both Bitcoin and Altcoins. I really love BTC as it make me rich and i don't want it to be end, But the issues like high transaction fees and long confirmation time make me think twice about its future. On the other hand, Altcoins like Litecoin, ETH, Neo etc got really nice feature and strong blockchain so they seems to be more flourishing in future.

Skieleton

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An alternative is needed, it is safe. On the other hand, how would exchange trading work if it were not for altcoin?

PolychainCapital

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Yes.

wooch4aeye

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Quote from: BitCoinNutJob on November 07, 2013, 01:07:05 PM

From a "lets make the world a better place perspective" should we support only bitcoin right now or altcoins also?

we should support bitcoin for now because all bitcoin is the king and when king die all end.
i support bitcoin and will support altcoin in future.

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