Topic: What's your attitude to this? - page 12. (Read 2044 times)

i don't share this position of ignorance , as both the bitcoins and the other coins(commonly called altcoins) are required for the smooth running of the ecosystem .We all must admit that bitcoin has already gone through the gates in terms of pricing , these altcoins now provide that hope for crypto hopefuls who had missed the initial bitcoin wave to have an opportunity by investing in these cheaper altcoins to someday end up with dollar value similar to the high price bitcoin enjoys now a days.some of these altcoins are cheap and can be bought in significant amounts , what this allows is for a coin bough at 0.10 experiencing a rise in its price to 0.20 producing a return of twice whatever you invested , so if you had invested $5000 in that coin your investment would now be valued at $10,000 and this is only from the coin moving from .10 to .20 .. this might sound like children numbers but from a mathematical perspective the price of the coin has doubled and hence your investment would double in value as well.So even an incremental change in the price of an alt coin can translate into thousands of dollars based on the value of your investment and this is why altcoins continues to enjoy a huge following today as it takes less money(some are even less than a dollar) to acquire these coins versus bitcoins which was priced at 8458.57 at the time of this post.

In my opinion bitcoin is indeed a benchmark of altcoin, so I think it's natural that the presence of bitcoin is enough to hate it because when the bitcoin rises maybe all altcoin feel the increase and it can make investors who invest their capital will spend more capital to support a project, then after they release the project they may go down so as not to reach the target or bitcoin then down and this too. But not all altcoin has decreased so investors who have invested into bitcoin may also be disappointed and vice versa.

  First, bitcoin is decentralized and it was created for evryone and there is a lot af altcoins out there. People in crypto world has all the rights to choose what coin they want so give respect to them because i know they also never mined what coins you like most. Bitcoin is the first valuable digital currency that's why it became the king of all cryptocurrency and altcoins are the alternative of bitcoin that's why they are called altcoins and not all this coins are increasing it's value, others declined so it's up to you what coins you think are profitable and has a chance to increase more.

There is a lot of risk in investing bitcoin. You need to take the risk so that you can improve your living and you can achieve something. They have a lot of challenges in entering an investment. Not all investment gave you success the gave you failure.  You need to have a lot of patience to achieve your goal. And in the end you will succeed.

Many thanks to everyone who answers & will answer this topic.
 I have read all the opinions. Guess I was wrong when I talked about the division into two teams. Here I see a very tolerant attitude. I'm really grateful to everyone for their personal opinions.

The biggest problem with ICOs and altcoins is that many of them are garbage and try to mislead newcomers in order to achieve huge profits. That's not how we should do this. Bitcoin is quite stable when you compare it to altcoins, there isn't much risk if you buy it. ICOs earn a lot of money because people who participate in them think that they might have just bought a Bitcoin successor. Unfortunately they are wrong. There is a slight chance that they will earn some money. I try not to argue with other about that.

Bitcoin has been proven to survive in a long time span. And I think this is enough to illustrate that bitcoins are dynamically developing and worth supporting. That is one of the reasons why I prefer bitcoin even though I also do not hate altcoin. But with altcoin, I have to be so selective before choosing it as a means of investment.

The reason why they are shouting out that they have bitcoin is that they proud of it, it is not like they are boasting about it, well maybe they are but I think  they are boasting it in a good way though. Maybe they are just encouraging other people to invest or use bitcoin also to have more money in the long run since fiat is not enough, and not all of the coins are just the same, they are all different.

Many people say if getting altcoin is garbage. They get lots of useless altcoins or very cheap coins. Altcoin for me one of the supporters to get rich quick. There are some popular altcoins that are very valuable in the crypto currency market because they have a fairly expensive price.

I agree with your opinion, actually all the coins are good, either Bitcoin or Altcoin. And those who hate the other coins, because they have held the coins that he likes and he is proud of. And Hope they hate Altcoin or Bitcoin so that other people are affected with it then hope others coin invested with him, Automatically if it works then it will make the coins he is proud of and he holds it will be higher in value.

I think people are arguing between altcoins and bitcoin because both of their sides have their own opinion that is different to the other one, people are being aggressive nowadays especially when it comes to money, they are losing their patience so that they want to move beyond then the next thing that might is that they will start to compare each one then when the other one are against on it, it will start a new arguments on the both sides. Here in this cryptocurrency world, all we need is knowledge, hardwork, understanding and patience, we don't need those people who are narrow minded that can cause the comparing and argumenting to each other.

I'm not sure whether traders really hate alts or Bitcoin. They just choose what is more appropriate for them and invest. To my mind, Bitcoin as well as alts have its pros and cons. I think choice depends on amount of money you can invest. If you have thousands then it's better to buy BTC, if only several hundreds then, sure, it’s better to buy some alts.

Probably the reason they boast bitcoin because they've invested in bitcoin. Because boasting something coin and dropping the other coin is one of the strategies for the popularity of the boasted coin to remain stable or continue to increase because it affects the price of the market. But for me all coin just the same as long as it has a good and good opportunity to invest.

yes, indeed bitcoin here can be spelled out a lot of in favorited by many people, and can be trusted to help people to benefit from it, but what you say is true, we should never underestimate other altcoin that can also for us make it investment and can to get a big profit of course.

In life there is a lot of pressure put to me now, I fail on the issue of emotional money as well as investing in the virtual currency, I do not like the current feeling, but this will not last long My efforts are growing. In future things will be fine.

A lot of altcoin's value is not present yet, but they are well publicised, and there is money to control the price, so this kind of encryption can still be invested.

Hehe, these guys are named as "bitcoin maximalists"   We also have Larimer Witnesses, Ethereum Brotherhood and Patagonists of the Charlie Lee's second coming to LTC  

The anger is not on the whole alt coin ecosystem, but because of those fraudulent alt coins that does nothing but dupe newbies. Because of such alt coin that are mere scams and dupe people, the reputation of other alt coins also gets at risk.
Bitcoin being the first and foremost cryptocurrency with maximum userbase and maximum value happens to stand out from the crowd by getting the founders benefit. Other coins arent yet really being able to develope the level of trust into their users which bitcoin have done.

Its not hate but its kind of a disliking because many altcoins are just populating crypto market without actually adding a meaningfull and substantial value in the system by bring in new innovations.

Actualy there only few of them like that and most of us here specialy me i do like bitcoin at the same time i like altcoins too but not all altcoins i like some of them i hate too because there are some altcoin who only scam people and wasting our time and effort some of them are garbage.

The problem is not like that. I believe some altcoins have good prospects and can make people rich. The problem lies in the reputation and history of the movement of each coin. Bitcoin is much more reliable than the altcoin you mentioned above, the altcoin is just a pump and dump activity by people who are in control of the influence of price movements ie the whales. I personally prefer bitcoin over altcoin because bitcoin is much closer to acceptable to society but I do not hate altcoin because sometimes I take the opportunity to benefit from it