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Topic: What makes Bitcoin different from alt coins? (Read 404 times)

newbie
Activity: 32
Merit: 0
February 21, 2018, 07:42:40 AM
#63
Bitcoin is the “original” cryptocurrency. They are virtual money or electronic form of currency. It is convenient since it is virtual so you won’t need to store it in banks. It holds intrinsic value as of gold. Meanwhile, altcoins are the improved version of bitcoins. It has speed in transactions and better distribution methods.
member
Activity: 545
Merit: 43
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February 21, 2018, 04:02:33 AM
#62
Can we expect altcoins to reach the success of Bitcoin? and how long would it take? what are success metrics?

which distinguishes the bitcoin from other altcoins is due to total supply and because the first bitcoin technology and bitcoin are the mains of all digital currencies cryptocurrency not only that bitcoin also has a very high demand throughout the country that makes the price of bitcoin can be very expensive and berbed
member
Activity: 336
Merit: 20
February 21, 2018, 03:31:49 AM
#61
Bitcoin is more accessible,it is more valuable the security of bitcoin has been proven far more than any other coins.
Bitcoin has the biggest community so far all these points makes bitcoin different from altcoin.
hero member
Activity: 1904
Merit: 510
February 21, 2018, 03:30:39 AM
#60
Can we expect altcoins to reach the success of Bitcoin? and how long would it take? what are success metrics?


can, everything can happen in the future. there is no definite measure of when it will happen
for now, bitcoin is too strong to be defeated by altcoin. bitcoin is the most famous crypto and has a selling value is quite expensive. almost all traders and investors have bitcoins
newbie
Activity: 168
Merit: 0
February 21, 2018, 03:28:22 AM
#59
Can we expect altcoins to reach the success of Bitcoin? and how long would it take? what are success metrics?
Bitcoin has important implications for the development of cryptocurrency. That is a huge difference. it is a process. Altcoin inherits and improves the features of bitcoin to create services, quality and usability and bring it into practice. ETH, LTC are very good progress. It is impossible to know if the altcoin ratio can succeed in the future. We can accept and appreciate the positive on cryptocurrency.
hero member
Activity: 910
Merit: 523
February 21, 2018, 03:21:57 AM
#58
1. Can we expect altcoins to reach the success of Bitcoin?
2. and how long would it take?
3. what are success metrics?
4. What makes Bitcoin different from alt coins?

This is better than yours (the way you written the questions).

1. Unknown (maybe yes, maybe no) but I prefer altcoins will never reach or equal with bitcoin in term of; price and trust from people.
2. Unknown (we don't know what will happen in the future) if refers to my first point, it will take forever.
3. Adoption, acceptance, spread widely in worldwide (bitcoin and ethereum has these points)
4. The most significant thing is; bitcoin is the first cryptocurrency and altcoins just other copied, following bitcoin path.
There are a lot of altcoins which is better than bitcoin such as lower fees or faster confirmation time, etc. But, altcoins still can't reach bitcoin due to that (4th) reason.
newbie
Activity: 30
Merit: 0
February 21, 2018, 03:12:05 AM
#57
BITCOIN is different from alt coins. peoples are used for bitcoin in future.bitcoin has safe and change the growth. bitcoin has the biggest developers so it is here to stay.
jr. member
Activity: 308
Merit: 2
February 21, 2018, 03:09:34 AM
#56
Can we expect altcoins to reach the success of Bitcoin? and how long would it take? what are success metrics?

I think that main key of success it that bitcoin is the first, and it is more "posh" to have bitcoin than other coins, so big investors make there investments in it.
sr. member
Activity: 630
Merit: 250
February 21, 2018, 02:52:59 AM
#55
Main key of success of bitcoin it the fact that it is the first crypto, and even today it has best concept, it is decentralized and it is also one of the pros.
newbie
Activity: 22
Merit: 0
February 21, 2018, 02:46:32 AM
#54
Can we expect altcoins to reach the success of Bitcoin? and how long would it take? what are success metrics?
Differences Bitcoin and Altcoin - Virtual currencies of various kinds for example are Litecoin, Dogecoin and there is also Altcoin. The currently popular is Bitcoin, though there's nothing wrong if you understand the difference between each of those virtual currencies. every virtual currency has its own advantages and disadvantages, for example Altcoin and Bitcoin. If traced further a lot of types of cryptocurrency that exist in the community but who is rising then Bitcoin. altcoin itself is a newcomer that has not been widely known by the public so that the description of Altcoin is still gray or unclear. In order for you to be more familiar with Altcoin, consider the difference Bitcoin and Altcoin following
hero member
Activity: 1092
Merit: 501
February 08, 2018, 05:15:55 PM
#53
Can we expect altcoins to reach the success of Bitcoin? and how long would it take? what are success metrics?
You cannot expect altcoins in general to have the same success of bitcoin, only some altcoins are going to have anything similar, most other altcoins are not going to survive for long, besides the current success of bitcoin is still small compared to its potential, if bitcoin is adopted by a huge amount of people then we could say that almost no altcoin is ever going to reach that level of success.
legendary
Activity: 1596
Merit: 1034
February 08, 2018, 04:45:03 PM
#52
Can we expect altcoins to reach the success of Bitcoin? and how long would it take? what are success metrics?
As long as bitcoin becomes the benchmark for determining the price and the movement of an altcoin there probably will not be any altcoin that can beat bitcoin success. But, to become the toughest competitor of bitcoin may be a very open opportunity because even in the competitive economy it is indispensable to make comparisons and get the shortcomings of each and be evaluated by developers to make the coin better.
hero member
Activity: 2786
Merit: 599
CoinMetro
February 08, 2018, 04:10:45 PM
#51
bitcoin has the biggest community: evangelists & developers, so it is here to stay..
full member
Activity: 308
Merit: 100
February 08, 2018, 02:50:55 PM
#50
Bitcoin has been around the longest and it has been a leader and a revolution-er for every other coin, it opened the way to the others and has got the title of a reserve currency.
newbie
Activity: 210
Merit: 0
February 08, 2018, 02:46:43 PM
#49
bitcoin is the base currency all the currency date and every one buy so bitcoin is important
sr. member
Activity: 686
Merit: 253
I think the bitcoin has the highest market volume than all the altcoins plus it has been around  for the longest time and withstood the test of time which means a lot of people are going to feel at ease investing in bitcoin than any other altcoin because its the least likely to fail cryptocurrency.
member
Activity: 495
Merit: 10
Bitcoin will forever be known as the first crypto currency.  It’s place in history is already well defined.  As such, I believe it will always be a valuable commodity.  As long as the people believe in it, it will be a great place to store value. 
newbie
Activity: 48
Merit: 0
Bitcoin was the first cryptocurrency. For example, hoover brand name became synonymous with vacuum cleaners, and Bitcoin became synonymous for digital currencies.
Bitcoin is the first cryptocurrency in the world.
IOTA is the first cryptocurrency not based on a blockchain.
Even if any new altcoin becomes more popular than Bitcoin, Bitcoin would remain famous as the first invented cryptocurrency in the world.
jr. member
Activity: 107
Merit: 1
Bitcoin has a large lead as a store of value over every altcoin in having existed 8 years without failure. The security of Bitcoin has been proven far more than its much younger counterparts with usage by almost every metric exceeding that of altcoins.  Cool
Further, Bitcoin is more accessible, with more exchanges, more merchants, more software and more hardware that support it. Bitcoin is far more liquid, with much larger volumes than every altcoin. Bitcoin has the largest developer ecosystem with more software and more implementations than any altcoin. Bitcoin has the most entrepreneurs creating companies around it with a lot of intellect, dedication and creativity going toward making it more useful.
jr. member
Activity: 266
Merit: 1
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Can we expect altcoins to reach the success of Bitcoin? and how long would it take? what are success metrics?


Ethereum and ripple has made a success with respect to where they started from. I have a great feel that this is year for altcoin rise and bitcoin price stability.
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