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Topic: Why only Bitcoin? (Read 464 times)

full member
Activity: 182
Merit: 100
December 04, 2017, 06:35:15 AM
#23
I think altcoin will do as bitcoin does, but need couple times to grow up for really really being superb.
with great plans, great features, etc.
Bitcoin has been taking some years to grow up like nowadays. From when it was so cheap.
If you want to spend your bucks, I suggest you have both coins, bitcoin and altcoin.
Up to you how many you will divide into them.
But, altcoin has bigger potential profit when it grows up just like bitcoin if you invest on the right project.
For me, I'm spending on these altcoins : ETH, LTC, XEM, DASH, XRP, Neo, OKCash.
full member
Activity: 602
Merit: 105
December 03, 2017, 09:25:24 AM
#22
I think it's probably because the bitcoin is the first crypto from which there is no price to worth more than the price of gold even the current price of a tuk tuk, from the rapid rise of people began to drool into bitcoin rather than altcoin,
for the future it may be Ethereum
can slightly cool the bitcoin in the future as altcoin
full member
Activity: 197
Merit: 100
December 03, 2017, 09:16:59 AM
#21
It's not far fetched that most of the trend in the crypto world today is bitcoin and come to think of it bitcoin was once like other just coming altcoin when its dollar value was so low. Is it that in future to come no altcoin can measure up to bitcoin? and if there is any to invest in now aside from bitcoin I will really appreciate your recommendations so that I do not regret two times. Thanks

I couldn't see your point. It's not only bitcoin in the market. Check the total market cap and bitcoin market cap you will see the answer. The others are also the major actors of crypto market.
member
Activity: 112
Merit: 10
December 03, 2017, 09:13:43 AM
#20
Nobody said that Bitcoin is the only right cryptocurrency. I'm quite certain that we will still have many hard forks in the future. That's because every person has its own vision of Bitcoin. Some altcoins such as Ethereum and IOTA are used for different things. I personally use Ethereum (token support), Litecoin (fast and cheap transactions) and Bitcoin (main source of income). Despite all this facts I doubt it will be replaced.
sr. member
Activity: 766
Merit: 250
December 03, 2017, 07:39:17 AM
#19
Now all buy bitcoin, after all the money will flow into altcoins. So buy them while they cost a penny.
member
Activity: 71
Merit: 10
December 03, 2017, 06:33:37 AM
#18
It's not far fetched that most of the trend in the crypto world today is bitcoin and come to think of it bitcoin was once like other just coming altcoin when its dollar value was so low. Is it that in future to come no altcoin can measure up to bitcoin? and if there is any to invest in now aside from bitcoin I will really appreciate your recommendations so that I do not regret two times. Thanks

No, but in future most of altcoins will end because huge support for bitcoin and first 10 altcoins
legendary
Activity: 1638
Merit: 1163
Where is my ring of blades...
December 03, 2017, 04:21:50 AM
#17
come to think of it bitcoin was once like other just coming altcoin when its dollar value was so low.
not at all.
just because bitcoin price was low once in million years before, it doesn't mean anything else with a low price is like bitcoin!
in fact many of these shitcoins that are currently low will always remain low and even go lower. they may get some pumps temporarily but in the end they will end up lower and lower as they get dumped!

Quote
Is it that in future to come no altcoin can measure up to bitcoin? and if there is any to invest in now aside from bitcoin I will really appreciate your recommendations so that I do not regret two times. Thanks
that is one of the main mistakes that newcomers make,  and they ends up losing a huge amount of money. they think if they invest in an altcoin and wait, that altcoin will be $10000 someday too. but they continue seeing their money fade away.
full member
Activity: 462
Merit: 102
December 03, 2017, 04:21:15 AM
#16
In my opinion,, I don’t see any altcoin can replace or can achieve what bitcoin has been doing since the beginning but I can be wrong because after all cryptocurrency is still unpredictable and the possibility that it will happen in the future is high.. But that doesn’t mean I will leave bitcoin at that moment and it will be good to buy on dip.. In this kind of investment being Open-minded is an advantage..
legendary
Activity: 2422
Merit: 1451
Leading Crypto Sports Betting & Casino Platform
December 03, 2017, 04:05:28 AM
#15
There are certain altcoins that have gathered a following for providing a unique service or feature that could be utilized outside of using bitcoin. The existence of altcoins is beneficial to bitcoin as it still acts as the gate to the crypto economy at large. Moreover, altcoins tend to rise as bitcoin does so it's safe to say that they are all co-existing while bitcoin is still on top.
member
Activity: 280
Merit: 10
December 03, 2017, 03:58:09 AM
#14
I think bitcoin will replaced by other coins some years later.
I dont think so. Bitcoin will always prevail over alt coins.  Its price may fall a bit sometimes but its positive trend will always continue. Altcoins have potential also but it is incomparable to the mother of all coins. Smiley
member
Activity: 714
Merit: 10
Living is easy with eyes closed ...
December 03, 2017, 03:53:18 AM
#13
There are many altcoins at the development stage, which capitalization does not exceed $ 5 million.
If you study well, you can successfully invest in those which can grow 50 or even 100 times a year. The latest examples are Raiden Network Token and ADA Cardano.
legendary
Activity: 1526
Merit: 1001
December 03, 2017, 03:49:49 AM
#12
It's not far fetched that most of the trend in the crypto world today is bitcoin and come to think of it bitcoin was once like other just coming altcoin when its dollar value was so low. Is it that in future to come no altcoin can measure up to bitcoin? and if there is any to invest in now aside from bitcoin I will really appreciate your recommendations so that I do not regret two times. Thanks
Bitcoin to date has become the best digital currency and is a digital currency that has a very high level of popularity. Some Altcoins do have a good reputation, but I'm also not sure that there are altcoins that match the strength of bitcoin. In the future it is possible that it can happen but it will still be difficult because bitcoin has a good quality level.
h55
member
Activity: 210
Merit: 11
December 03, 2017, 03:36:22 AM
#11
I think bitcoin will replaced by other coins some years later.
newbie
Activity: 6
Merit: 0
December 03, 2017, 03:28:54 AM
#10
Bitcoin has the largest potential for investments and one of the most valiant reputations in lieu and comparison of other crypto currencies at this time.
newbie
Activity: 5
Merit: 0
December 03, 2017, 03:26:21 AM
#9
Just reiterating what Irance had to say"if you do the wrong position in your account, you simply go down to compensate for the loss from the previous position. That way, your income will grow. because your trading is 50% and 50% of your btc"- spot on brilliant advice...
full member
Activity: 648
Merit: 114
November 30, 2017, 10:03:32 AM
#8
Not all about bitcoin, many other Altcoin you have not seen, and its progress is also very fast, not a price issue, but about the needs, interests and love for some Altcoin, including me who loves Ethereum  Grin Grin
sr. member
Activity: 868
Merit: 256
November 30, 2017, 09:23:45 AM
#7
It's not far fetched that most of the trend in the crypto world today is bitcoin and come to think of it bitcoin was once like other just coming altcoin when its dollar value was so low. Is it that in future to come no altcoin can measure up to bitcoin? and if there is any to invest in now aside from bitcoin I will really appreciate your recommendations so that I do not regret two times. Thanks
Bitcoin is gradually increase its price in unexpected amount . Maybe no other altcoin will reach bitcoin. Also possible that bitcoin will change real money in terms of transactions because now many stored accepts Bitcoin as a payment. So in the near future maybe Bitcoin will reach a price that any altacoin can reach anymore. The demand now in Bitcoin is big there is many invest in Bitcoin.
member
Activity: 142
Merit: 10
November 23, 2017, 03:55:12 AM
#6
Bitcoin is the very first cryptocurrency. By the time altcoins showed up, it has already gained quite some value. If you were a newcomer to the cryptocurrency scene, and you wanted an investment, where would you go? Wouldn't it make sense to go for the oldest, most established, and most valuable one?

As a store of value, no altcoin will be able to topple Bitcoin. It has already been branded as digital gold after all. Its main selling point is its value. As an actual currency you can use for your daily needs though, several altcoins can run Bitcoin off the road. You can try to bank on these altcoins' potential.

If I were in your shoes, I would put my money into Ethereum or Litecoin. Ethereum is well established and has a lot of huge backers, and has features such as smart contracts. Litecoin is pretty much an improved version of Bitcoin, and thus has mostly the same potential. Do take note that Bitcoin is still the absolute best though, and if you're investing in Bitcoin, you don't really need to invest in other cryptos.

You are making sense I really love your insight thanks
sr. member
Activity: 645
Merit: 266
November 23, 2017, 03:04:11 AM
#5
what come first grow first right ? so maybe some alt can really grow like bitcoin and the bitcoin price it self even higher. so make a right decision, brave yourself and go 50 50 invest at bitcoin and rest invest to other alt like HOLDME  maybe  Grin
full member
Activity: 354
Merit: 100
November 23, 2017, 02:59:16 AM
#4
Bitcoin is the very first cryptocurrency. By the time altcoins showed up, it has already gained quite some value. If you were a newcomer to the cryptocurrency scene, and you wanted an investment, where would you go? Wouldn't it make sense to go for the oldest, most established, and most valuable one?

As a store of value, no altcoin will be able to topple Bitcoin. It has already been branded as digital gold after all. Its main selling point is its value. As an actual currency you can use for your daily needs though, several altcoins can run Bitcoin off the road. You can try to bank on these altcoins' potential.

If I were in your shoes, I would put my money into Ethereum or Litecoin. Ethereum is well established and has a lot of huge backers, and has features such as smart contracts. Litecoin is pretty much an improved version of Bitcoin, and thus has mostly the same potential. Do take note that Bitcoin is still the absolute best though, and if you're investing in Bitcoin, you don't really need to invest in other cryptos.

if you do the wrong position in your account, you simply go down to compensate for the loss from the previous position. That way, your income will grow. because your tranding is 50% and 50% of your btc
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