Will Altcoin be as important as Bitcoin? - page 11.

tenebriscaelum

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Quote from: leslie4u on September 27, 2018, 01:30:39 PM

Both have a unique role to play and I think they are doing equally good in their domains. It won't be wise to compare both of them because thats just not right. There are few roles Alt play well vs BTC and somewhere BTC takes over Alts. Personally, I think both are needed in Crypto world and there is no comparison. People buy Alts to either gain profits vs directly buying BTC.

Cheers!!

What you have said is correct as its importance will always be depending on what the target niche / market is because they are the first ones to get the benefit from it. Also depending on how large the target market is then the altcoin will much more successful.

leslie4u

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Both have a unique role to play and I think they are doing equally good in their domains. It won't be wise to compare both of them because thats just not right. There are few roles Alt play well vs BTC and somewhere BTC takes over Alts. Personally, I think both are needed in Crypto world and there is no comparison. People buy Alts to either gain profits vs directly buying BTC.

Cheers!!

Ekanenf

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Quote from: jekainvestor on September 27, 2018, 09:44:00 AM

In order the altcoins to become the competitors to the Bitcoin, they should realise the projects for all 100%, and to make the project to become used by the wider amount of users, and the token should be used there in the relised project as well.

There is no need for altcoin to be like bitcoin, as long as it has its own price, that is what all matters, I don't know why other people wanted altcoin to overcome the superiority of bitcoin, it is like they are just wasting their time, because bitcoin it the best of them all. Bitcoin will never be replace by altcoins, I'm sure of that, because bitcoin is like the life of all the cryptocurrency, there is no way it would be beaten by those altcoins out there.

jekainvestor

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In order the altcoins to become the competitors to the Bitcoin, they should realise the projects for all 100%, and to make the project to become used by the wider amount of users, and the token should be used there in the relised project as well.

dusty_daniel

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In my opinion you can’t compare Bitcoin and Altcoins. It’s like comparing banks and supermarkets. Nowadays they can’t exist without each other. Therefore you can’t talk about competition

meanwords

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In my opinion. Altcoin is still already important and it plays a vital role for the growth of Bitcoin. Altcoins does support Bitcoin too in a way so it is very important. Like for example, altcoin is much cheaper and faster than Bitcoin which makes it attractive to people but you need to buy Bitcoin first before you invest in an altcoin.

fammy

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Quote from: thanhqn on July 12, 2018, 10:02:53 AM

In any ecosystem, be it in nature or business, there is always a competition. And most often than not, the best always rises to the top. And here in our crypto ecosystem, a competition do also exist. Between Bitcoin and Altcoin. We all very well known that bitcoin, being the first and most proven cryptocurrency already took the center stage in crypto market. Now that altcoins came into the picture, where does it really stands? What will be the selling point of altcoin that will eventually led the bitcoin enthusiasts to finally switch places?

I can say that it some point and some of the altcoins are also as important as bitcoin especially those who are in the top rank due to the fact that most of the people are using and trusting these altcoins.

Fedots83

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If one of the altcoins will get the same aproach, it will not be hard to replace BTC. The thing is that most of coins are aimed at certain part of the market, while BTC seems to be completely universal. Time will show who is right.

adolf512

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Each of the coins can potentially make a profit, but few of those coins that can benefit and value in the industry, as bitcoin does. In accordance with this, the current situation in the market and the price of altcoins depend on the price of bitcoin.

deppil

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Quote from: NewRanger on September 24, 2018, 03:24:32 AM

Quote from: maemunah on September 24, 2018, 03:19:01 AM

Quote from: GabrielKiara on September 22, 2018, 11:59:56 AM

Well i think some altcoins are already be as important as Bitcoin, like some altcoin thaht so stable on the market. But it will not possible to be more important than Bitcoin.

it is true because if bitcoin goes down and rises it must be a way out to get daily or monthly income from running to the altcoin, even though the price is cheap but it is very profitable

in my opinion , altcoin and bitcoin just as important for me.if have good skills in trading altcoin or bitcoin could give me profits.and this why those coins just as important for me.

I think this topic mean is not important for your self lol. I think one of the altcoins might be important in a market if the total users is as big as bitcoin. we see Ethereum has a great potential to match bitcoin to see how much Marketcaps it has. of course it is possible that in the future Ethereum will be as important as bitcoin on the market

ngano ba

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In the world of cryptocurrency ,we can not deny that there would be one or two coins that would really rise up to popularity and be number one , as of this moment bitcoin is considered important coin than any other altcoin, the competition of altcoin to which is important lies to the lower level of bitcoin in the cryptocurrency world.

cryptonewsID

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Quote from: akeda on September 24, 2018, 03:34:00 AM

Yes, I think it's true that altcoint is as important as bitcoint, but keep in mind because the number of altcoint types isn't all altcoints worthy of being made into future investments there will certainly be some altcoints that will die, so you should be good at choosing the right altcoint for made an investment

true, not all altcoins can invest well, but in terms of beating bitcoin it is very difficult, because bitcoin is the number 1 coin for now at a very high price.

Balzhi

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when any project finely will release any working and usefull product than it's token will be importat. i mean not only for speculative interests.

EducoinVietnam

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Quote from: thanhqn on July 12, 2018, 10:02:53 AM

In any ecosystem, be it in nature or business, there is always a competition. And most often than not, the best always rises to the top. And here in our crypto ecosystem, a competition do also exist. Between Bitcoin and Altcoin. We all very well known that bitcoin, being the first and most proven cryptocurrency already took the center stage in crypto market. Now that altcoins came into the picture, where does it really stands? What will be the selling point of altcoin that will eventually led the bitcoin enthusiasts to finally switch places?

Governments recognize BTC only, so it will be hard for any of altcoins to get similar status. Japanese government make some progressive movement, but aproach shoudl be global and EU and US are the most important in such terms.

Mysteryla

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Altcoin can still be as important as bitcoin, depending on individuals perception. One of the main things that also brings important to altcoin, is the product. The usefulness of an altcoins bring so much relevance to it.

Lorence.xD

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Quote from: cryptodalton on July 13, 2018, 02:06:10 PM

Altcoins are playing important roles in the crypto currency world. In many places bitcoin is not accepted whereas altcoins are popular there. Many people are shifting towards altcoins like Ethereum, NEO, Ripple etc. and making good amount of money. Ethereum leads next to bitcoin which is having great impact on the demand of crypto currency.

Well, it maybe true that in some places the more adopted are ALT COINS rather Bitcoin. It is dependent on the preference on the market investors in that specipic area. one should note that Bitcoin is prefominantly accepted globally. it may equally important dependent on the market status as posted and the volume of investment posted by the investors.

Akorharrison

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there are some altcoin that will be take place of bitcoin e.g Ethereum has been the most important coin in blockchain today because many of this project coming out are all Ethereum platform, including transaction you are making requires eth to function as Gas so this to say that function of any altcoin depends on it potential and economical benefit.

kickdapa

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In the crypto market, more than 2000 coins are active and trading every day! In these 2000 coins, bitcoin dominance 51.6% and all other 2000 coin dominance 48.4 %. So, a far distance between bitcoin and altcoin! Bitcoin is the king and it is the base of the crypto. I think altcoins will not be important like the bitcoin ever!

zwiggel

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In future altcoin will replace bitcoin. When bitcoins are showing signs of slowing down, some altcoin such as Ether, NEO, EOS are developing strongly. Investors are gradually moving to buy these coins instead of bitcoins. It shows the importance of altcoin-like bitcoin.

Kelvinovie2

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I must say it's gonna be a long wait, cus the value people have put in Bitcoin it's gonna take a much more unique project to beat that, the thing is most people just venture into altercoin for short term holding, once an altercoin hits exchange the next thing that comes to mind is sell sell sell, mind you do not forget what most of them are selling for is BTC in return.

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