Topic: What do Altcoins offer that Bitcoin does not? (Read 394 times)
In the next five years, altcoins will surpass the BTC, which is easily recognizable because the potential of altcoins, especially with ETH, is enormous. Therefore, investment in altcoins should be more than BTC because there are many disadvantages to BTC that if not improved, BTC will inevitably fall back in the future.
Your investigation is right. In the present installment, digital forms of money have gone past Bitcoin, yet their inadequacies are likewise extremely self-evident. They must be utilized for specific sorts of exchanges, and Bitcoin can be generally utilized as a part of day by day life. !
I think the one thing that altcoins can boast that they can offer that bitcoin does offer to the fullest is more supply. Other than that there is nothing else that altcoins have on bitcoin, In fact altcoins are the reason that the market is down now, if there weren't so many altcoins then all of the money in the market would still be concentrated on a couple of coins thereby increasing the value.
The altcoins offer volatility which is their biggest strength and weakness because of the volatility in the most extreme sense the price values change rapidly so its the main target for the day traders in the cryptocurrency market
alternative cryptocurrency is a ticket to new age technologies world, like VR, artificial intellect and other this great things
Altcoins possess much of the same applicability of Bitcoin but many offer something else as well. Some of them are faster, some are more anonymous, some provide better investment options, some are more volatile and thus are more advantageous in terms of trading.
I have high regards that Altcoins surely outpass Bitcoins in many ways. What do you think guys?
I have high regards that Altcoins surely outpass Bitcoins in many ways. What do you think guys?
Some altcoins are much faster that Bitcoin in term of making transactions. Moreover it is very difficult for Bitcoin to conquer some altcoins in such parameter as scalability. Bitcoin Cash looks like more technologically advanced.
Altcoin is not a single coin like Bitcoin. There are many coin having different features in altcoin which variation Bitcoin cannot provide. Bitcoin too has some features which are not available in alts
I am not sure that altcoin will outpass bitcoin because I think each of altcoin has different function and it's only a small part function that is already bitcoin has. I think people choose altcoin to help them to make more bitcoin because people know that the altcoin have a big list and they have a big chance to make a profit in bitcoin. and if they can collect much of bitcoin, they can sell the bitcoin if the price of bitcoin is increasing and they can use it for buy another altcoin.
there are many different types of altcoin with their respective offerings and goals, though altcoin will stay on bitcoin so bitcoin will remain number one.
Each alt has its own unique purpose and though following bitcoin, no one foresaw them as clones, only taking up a great idea to use innovative tech and create uniquely enhanced projects.
altcoin has a low price so it has the movement and can generate profit quickly as well. Moreover, altcoin is still cheap and will certainly be more and more devotees are due to be matched with an investor who has a low capital investment to get started. However, Bitcoin remains the best because its development is always better than altcoin.
Perhaps technology is always evolving, and the new Altcoin will emerge. And of course Bitcoin inspires everyone, that crypto promises the future. Of course Altcoin should be better than Bitcoin, because otherwise it may not be attractive to investors anymore.
maybe yeah, Altcoins will outpass Bitcoins, because bitcoin is super expensive. most of the people are failing to invest in bitcoin because of high price, people are going for altcoin that's why
other than the expensiveness of the coin, altcoins provide a specific purpose for their coin. For example, LYMPO uses their token to monetize your fitness goals and reward you with LYM tokens, Ripple is a banking support platform mainly about growing projects and long term investments. Do you get where i'm getting at? Altcoins are crypto that are different from each other, making them "alternates" or "variants" for bitcoin.
You're right. some altcoins are more advanced than bitcoin. But bitcoin is used by whales who have a lot of money. So now the main thing is bitcoin
Yes in reality the technology continues to innovate. But this is also not an easy thing for Altcoin, because they will beat each other first. And if we compare with Bitcoin, it looks like Bitcoin is on a different level.
Of course such variables will affect the price of an Altcoin, but it seems the effect is not large enough to approach Bitcoin.
Because of course other variables such as market share or supply amount are also other influences.
Because of course other variables such as market share or supply amount are also other influences.
I dont think altcoin out pass bitcoin in any ways because the altcoin are still trade against bitcoin and they also follow the protocols led by bitcoin creator but the aspect where altcoin only out pass bitcoin was in terms of transaction/network fee and they get the idea from what other developers said we cause bitcoin for Bitcoin in future.
I think that Bitcoin and Ethereum have a great influence on the cryptocurrency market at the moment. In these coins I see the meaning, and use them quite convenient in all respects.
Well, this is a rather difficult comparison, even because Bitcoin is one and now there are more than 1600 of alts.. I think that there are altcoins that are really stronger in a number of technical characteristics, but their capitalization can not be compared with the capitalization of Bitcoin ..
tell me about some of these technical characteristics
The only thing I could think of what altcoins have that bitcoin doesn’t have now would be its fast transaction and less confirmation, which is what the people are looking for as of the moment.
Altcoins were clearly created to push further the potential of blockchain. However these improvement claims like faster and cheaper transactions remain to be unverified until these altcoins operate on the same scale as bitcoin. Because alts being less popular, process transactions quickly as a result less people using it which gives it the illusion of being faster. Jump to: