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Topic: Will Altcoin be as important as Bitcoin? - page 12. (Read 3858 times)

full member
Activity: 1316
Merit: 126
September 24, 2018, 05:39:10 PM
That's an interesting question. I think bitcoin will become like digital gold. Bitcoin will be used to store the value of savings. And among the altcoins will be about 10 coins that will become leaders in use. But it won't be long. It will take a couple of years.


The existence of altcoins and its purpose it somewhat different into Bitcoin. We compared Bitcoin into gold in digital form because of its price but real thing is that bitcoin might be useful than of altcoins. Moreover,  people will truly give trust into bitcoin cause of its popularity and shows already it's potentiality.
jr. member
Activity: 350
Merit: 4
September 24, 2018, 05:21:56 PM
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?
why jot it can be even more important that bitcoin i have never though that we have only one king in the crypto urrency wolrd
hero member
Activity: 1470
Merit: 509
September 24, 2018, 05:20:44 PM
At the moment, we see that the dominance of bitcoin in the market of crypto currency is more than 50%, and the price of all altcoins depends on the price of bitcoin. But the market changes every year and in the future the situation can drastically change.

In truth, I believe that Bitcoin will always be in the first place. Whole market depends on Bitcoin, and I have no idea if it's possible to change this.
I'm guessing if it's going to be, it could be Ethereum. Because all tokens are created based on ETH and it may help ETH to dominate in market.
jr. member
Activity: 140
Merit: 6
September 24, 2018, 05:04:16 PM
Yes.  Altcoin will become important as bitcoin because of its popularity and nature.  It has a bright future and won't die anytime soon.
full member
Activity: 336
Merit: 100
September 24, 2018, 09:40:39 AM
That's an interesting question. I think bitcoin will become like digital gold. Bitcoin will be used to store the value of savings. And among the altcoins will be about 10 coins that will become leaders in use. But it won't be long. It will take a couple of years.

sr. member
Activity: 756
Merit: 250
September 24, 2018, 09:16:39 AM
At the moment, we see that the dominance of bitcoin in the market of crypto currency is more than 50%, and the price of all altcoins depends on the price of bitcoin. But the market changes every year and in the future the situation can drastically change.
member
Activity: 336
Merit: 10
September 24, 2018, 09:12:42 AM
I think that altcoins are already very important in the crypto world. Take for example the same Ethereum. As you rightly pointed out, alternative cryptocurrencies compete with Bitcoin and thus make it develop. It's hard to say whether a currency will be more important than the BTC. Bitcoin price is high everybody can’t have enough money to buy bitcoin their first choice is altcoin or token. Sometimes they work as bounties so that he can earn some token and later he can exchanged with bitcoin.
Everybody’s target is bitcoin that’s way bitcoin price is high, Its quite impossible to replace altcoin instead of bitcoin. Do you think any mobile can replace instead of Iphone? It quite impossible. There has many mobile in the market but Iphone is exceptional that’s why it took the market. Like this Bitcoin is the pioneer and till now have in leading position in cryptocurrency market, Last 9 years nobody can beat him. Altcoin would be as important but it would take time.
jr. member
Activity: 162
Merit: 1
GPTCash Weekly Airdrop: https://discord.gg/YHngU9x
September 24, 2018, 04:43:08 AM
altcoins, most being clones of bitcoins, are better than bitcoin technology-wise. but bitcoin enjoys being at the center stage due to being the first to be launched. altcoins, on the other hand, provides people with other use cases not provided by bitcoin like token creation and smart contract. other uses also includes feeless transaction and instant verification.
full member
Activity: 462
Merit: 100
September 24, 2018, 03:38:25 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?

Altcoins will have their own function in future just like bitcoin,maybe in this moments we cannot tell what are those since the adaptation is to far from reality,but the cryptocurrencies created for their own product or services and in time this will be revealed.and many will cry because they don't took care of their token and coins
member
Activity: 728
Merit: 12
September 24, 2018, 03:35:50 AM
Well, there are so many competitive altcoins recently with its very amazing concepts of the crypto projects. Actually, some altcoins have evry promising prospects to be as the Bitcoin accepted and important as this. But, I think right now, there is no coin that can be as important as BTC. However, some coins such as Ethereum and bitcoin cash start to make a great move to be accepted in many more projects.
member
Activity: 602
Merit: 10
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
sr. member
Activity: 1624
Merit: 341
Buzz App - Spin wheel, farm rewards
September 24, 2018, 03:24:32 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.
sr. member
Activity: 672
Merit: 250
September 24, 2018, 03:19:01 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
sr. member
Activity: 714
Merit: 260
September 24, 2018, 03:13:33 AM
Altcoins would be as important but it would take time.
Cryptocurrencies is still a new thing to the world and their applications sectors and indefinite at the moment only halted by the speed of adaption as by nature the world resists any sudden change. Bitcoin is the mother of all but she can't always lead the new emerging technologies.

THEres no really need for competition here because all the coins is usable in future(only those legitimate)

The problem is these days since crypto is building the position to be in mainstream sooners,people here thought that its about the market cap or value

But they don’t know that crypto is created to serve the people and nothing more than that
hero member
Activity: 966
Merit: 552
September 24, 2018, 01:14:22 AM
Well... It depends on the alternatives coins themselves if the alternatives coins has large of community members such as bitcoin, it will be important as bitcoin, but if the alternatives coins is useless (many bad alternatives coins out there people said it with scam coins) it will not be important for anyone, so gives the time for the alternatives coins to be important or not for all of cryptocurrencies community.
jr. member
Activity: 168
Merit: 2
September 24, 2018, 12:36:17 AM
Bitcoin is one of the most popular bitcoin of all COINS on the market, and cryptocurrencies are growing very quickly, and we'll see a lot of new potential COINS.
sr. member
Activity: 686
Merit: 250
September 24, 2018, 12:04:09 AM
Altcoin is always an important part of investing, Bitcoin can be replaced by better altcoin! Most altcoins are developed and built after Bitcoin! It will have more advantages and newer technology! Success will be for who keep up with technology!
jr. member
Activity: 347
Merit: 4
September 24, 2018, 12:00:36 AM
I am sure that people who get involved in crypto will say that the altcoin is important, same as bitcoin because, without altcoin, they need big money to start to invest in crypto. And gladly, with the altcoin, now they don't have to use the huge money to invest in the crypto, and the best with altcoin is they have many choices to invest. Besides that, they can also use the altcoin as the investment too like what they use with bitcoin, and they can make a lot of profit in the long-term.
member
Activity: 462
Merit: 10
September 22, 2018, 06:02:59 PM
Nobody knows,but some of them can compete with bitcoin and make this world a bit better ,transform it and take it to the next level.
copper member
Activity: 381
Merit: 0
September 22, 2018, 05:59:05 PM
At this point, No. The altcoin can't be as important as the bitcoin because the bitcoin is the king of coins and has the more global popularity and appeal... While the alts are still new projects trying to find a foothold in the industry.. With time, things could change, but certainly not yet.
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