Will Altcoin be as important as Bitcoin? - page 14.

RhBjK

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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 think that perhaps bitcoin will retain its leadership for a long time. Bitcoin is time tested and this is very important

Tooevilforyou

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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?

They already are, as good as bitcoin is there is always the fact that there is a supply issue and with that we would always need altcoins to pick up the slack and bridge the gap that bitcoin leaves. Maybe bitcoin will always be the most valuable coin in the market but there will always be the altcoins that are really important too

senopratama

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bitcoin is able to stand because of the support from some altcoin who adopt the system of the bitcoin. by having this system then either altcoin or become second bitcoin thing panting and complement each other. even altcoin also be a solution either to invest in the middle value of bitcoin which are already too high.

tterrorpipa

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I believe it is, like the bitcoin, it is made for a reason, faster transaction, can be used as a online payment, produce many forks coins, and etc. And also altcoins are made also for a specific reason, and has a unique function. Like other altcoin, can be used as a stake method, payment method, etc. Every coin or altcoin has a distinct reason that they are made.

Altero

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Quote from: Sonofshmidt on September 17, 2018, 07:19:01 AM

The name "altcoin" itself says that it is alternative. The first one is Bitcoin and it is improving step by step. But may once any altcoin like ETH will replace it - everything is possible.

They have different in purpose why they are created. Bitcoin is a unique digital currency which could be special among others and that's why its prices is totally far among other coins. But people giving much appreciation into BTC and ETH as they could give more profits than to usual investment.

contactmike1

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BTC has major dominance and there is no one altcoin can compete with Bitcoin. So I don't think so.
Even if someone invent advanced technology, BTC remain 1st place being a digital gold.

amaydel

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DOMINIUM - Decentralised property platform

Just think of Ethereum and how it started its journey to the top as we can see on the list until today. Its use case and the demand of people of it catapulted this alternate coin's market cap putting it on the spot next to bitcoin. With increasing adaptation of most ICOs on Eth's blockchain and standard, no wonder ETH has remained to be the the altcoin believed to be a good successor of bitcoin.

sophiawhite

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There's plenty of different coins that have the potential to beat it but they're just not popular so far. Bitcoin has a big advantage being first.

Ar.harry

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It will be up to the market that if market would guve more love to altcoin than bicoin then it would be as bitcoin. It should become bitcoin but it would take more time to grow.

boljul

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Quote from: Sonofshmidt on September 17, 2018, 07:19:01 AM

The name "altcoin" itself says that it is alternative. The first one is Bitcoin and it is improving step by step. But may once any altcoin like ETH will replace it - everything is possible.

I agree:) There are any thields where BTC isn't so good as other altcoin (for example, tracking the food or other goods), but overall Bitcoin is the main in the cryptoworld.

Sonofshmidt

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The name "altcoin" itself says that it is alternative. The first one is Bitcoin and it is improving step by step. But may once any altcoin like ETH will replace it - everything is possible.

CaptainKid

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Bitcoin and altcoins are the components of the crypto currency market and each coin has its advantages, disadvantages, technology, price. At the moment we see the dominance of bitcoin and it's hard for me to believe that some kind of coin can be more significant than him.

Thyaga

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Quote from: tee-rex on September 17, 2018, 05:29:15 AM

These people, rabid believers in bitcoin, are in absolute minority. For the rest, it is all about profits. And if altcoins will offer higher profits, many will switch to holding altcoins dropping bitcoin like shit. As a matter of fact, exactly that happened in the second half of 2017 when bitcoin market cap had fallen below 40% of the total cryptocurrency market capitalization. But today it is different as most if not all altcoins are crashing while bitcoin is rock stable. And it is stable exclusively because alts are crashing. They are crashing because people are selling them off and buying bitcoin, which supports its price even if the whole market is mostly in red these days.

It is true that all are just looking for profit and no matter whether it's Bitcoin or Altcoin if he thinks it is profitable then he will buy it but the fact is that the whales are only interested in buying Bitcoin.

tee-rex

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Quote from: CoinCollect on September 16, 2018, 06:00:51 PM

Well, first of all, those people (enthusiasts) who believe in Bitcoin, they are unlikely to betray him and go to altcoins. It's a kind of sect. Altcoins are different. Depends what you're talking about. There are quite promising altcoins and I'm not talking about Ethereum.

These people, rabid believers in bitcoin, are in absolute minority. For the rest, it is all about profits. And if altcoins will offer higher profits, many will switch to holding altcoins dropping bitcoin like shit. As a matter of fact, exactly that happened in the second half of 2017 when bitcoin market cap had fallen below 40% of the total cryptocurrency market capitalization. But today it is different as most if not all altcoins are crashing while bitcoin is rock stable. And it is stable exclusively because alts are crashing. They are crashing because people are selling them off and buying bitcoin, which supports its price even if the whole market is mostly in red these days.

unknown-user

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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?

Altcoins are from different ICOs providing different service to people depending on the platforms. I do say that altcoins are indeed important but it is just that Bitcoin is on dofferent level for having a higher market demand as well as larger market popularity which makes it "more" than altcoins.

CoinCollect

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Well, first of all, those people (enthusiasts) who believe in Bitcoin, they are unlikely to betray him and go to altcoins. It's a kind of sect. Altcoins are different. Depends what you're talking about. There are quite promising altcoins and I'm not talking about Ethereum.

RohitMalhotra123

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Yes altcoin is important as a bitcoin and all are in good relation. Both are good and people have full trust on it. Both are strong coins but nobody can replace bitcoin because bitcoin is a king of this digital world.

dadanpradana

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Altcoins are created for use and all of them have their respective roles.
for example, Ethereum has an important role in the first smartcontracts born.

mandeepcrypto

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Yes all the altcoin is as important as bitcoin.All the altcoin has good relation.Bitcoin is the first coin.It is the king of this market its price effects all the altcoin.

uspehnyy

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I will love the projects in which there will be demand, so to speak, sector tokens, which will work for a certain sector, computer direction,artificial intelligence, medicine, etc., and I think the demand should be

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