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Topic: Will Altcoin be as important as Bitcoin? - page 18. (Read 3858 times)

copper member
Activity: 672
Merit: 270
August 18, 2018, 06:26:08 AM
I don't think bitcoin fans will move into the altcoin and it won't happen at any time. maybe the thing that can affect it is the prohibition of regulation and from governments around the world (without exception). bitcoin is said to be criminal, illegal and unlawful, that is what can change it.
Actually any kind of Cryptocurrency has it's own potential on how they can prove their importance here in thr market.  But as of now altcoins has a far journey when it comes to the level of their importance like bitcoin. Even if the market is down still the market of Bitcoin is considered as good than the market of altcoins, but as time goes by altcoin shows it's potential to become a good coin.
newbie
Activity: 98
Merit: 0
August 18, 2018, 06:14:54 AM
Bitcoin is the ruler of digital currencies, is the most known and utilized since its introduction to the world, however I don't believe that it will dependably remain the best cryptographic money. It has great characteristics, however there are as of now different altcoins that have exceptionally strong tasks with incredible potential, so I surmise that later on the Bitcoin will be outperformed by different altcoins
newbie
Activity: 45
Merit: 0
August 17, 2018, 03:16:18 AM
Obviously, Altcoins will be as imperative as Bitcoin. Despite the fact that Bitcoin overwhelms in value, Altcoins have more assortment and their own particular activities. Since Altcoin is made to cover the shortcomings of Bitcoin. Like, the speed of exchanges. There is Ethereum which has quicker exchange speed than Bitcoin. what's more, we know, Ethereum is a standout amongst the most essential coins in the realm of crypto.
sr. member
Activity: 630
Merit: 251
August 11, 2018, 10:28:59 AM
I don't think bitcoin fans will move into the altcoin and it won't happen at any time. maybe the thing that can affect it is the prohibition of regulation and from governments around the world (without exception). bitcoin is said to be criminal, illegal and unlawful, that is what can change it.
member
Activity: 1078
Merit: 12
August 11, 2018, 10:21:04 AM
There are now more than 1780 coins and tokens registered in coinmarketcap and coindesk, this certainly makes competition very tight, with so many coins and tokens of course everyone thinks that nothing is different even with bitcoin.
hero member
Activity: 1176
Merit: 500
I think that only for now that Bitcoin is Central to the world of cryptocurrency. In the future, altcoins will be able to intercept this trend. The market is still too young.
newbie
Activity: 322
Merit: 0
I think in the future, 90% of the tokens will fail. However, later real working ideas will come. it is possible that some sort of altcoyin will become more important than bitcoin.
newbie
Activity: 57
Merit: 0
Although the monetary value of Altcoins, currently and for the most part, rely on the value of Bitcoin, they are not necessarily mutually exclusive. Once more fiat to altcoin pairings start to get introduced, I think you'll see that reliance and correlation dwindle somewhat. And the reality is, while Bitcoin serves as a great store of value and is more widely accepted as a form of currency, so many altcoins are not even attemtping to compete in that space. If anything, Bitcoin can only be truly appreciated when it's in the midst of all these altcoins because, the truth is, we always need a point of comparison to recognize something's worth and value. Nothing operates in a vacuum, and this holds true in crypto as it does with anything else.
member
Activity: 336
Merit: 12
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?

In my opinion Bitcoin is the source and the rest is a very interesting evolution, I think technological developments in altcoins will lead to the future of digital fiat money that will be something like centralized digital currencies but will also lead to better decentralized cryptocurrencies. I also think it's too early to predict which altcoins will survive the test of time, so far Bitcoin seems to be the only one to be truly capable of that but there will be more of course and more than probably altcoins currently existing.

So yes, they are as important, it's from the same family as BTC, it's expanding the technology.
sr. member
Activity: 805
Merit: 250
Altcoin's are important because they also affect the bitcoin's price. It is one of the reason why bitcoin is at the top. We all know that we can't convert altcoins to fiat directly and we need to convert it to bitcoin or eth first because it can be fiat. I think that is the reason why bitcoin is the number one coin. The demand will always be there because of the need to convert alts to fiat.
The conversion you said isn't make it on top, the reason is that Bitcoin have a unique purpose for crypto. The entire market will be affected when there is trouble with bitcoin and altcoins will be the first to be affected. Altcoins is just the support for Bitcoin, they are so called alternative coins which gives other option for the investors and users what to choose.
member
Activity: 138
Merit: 10
I think it will be very difficult, today Bitcoin is the number one in the market there is too much competition between all currencies and some of them are beginning to shine. Also these two currencies are very requested by people who invested and are waiting for them to go up in price.
full member
Activity: 504
Merit: 106
🚀🚀 ATHERO.IO 🚀🚀
Altcoin's are important because they also affect the bitcoin's price. It is one of the reason why bitcoin is at the top. We all know that we can't convert altcoins to fiat directly and we need to convert it to bitcoin or eth first because it can be fiat. I think that is the reason why bitcoin is the number one coin. The demand will always be there because of the need to convert alts to fiat.
full member
Activity: 882
Merit: 104
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?
Altcoin is important because this is the way that we can invest in cheap price and some projects from altcoin is a big help too to crypto world as we all know that technology now is growing.
full member
Activity: 437
Merit: 100
Adoption Blockchain e-Commerce to World
Altcoins are as important as Bitcoin and are an integral part of the cryptocurrency market. Although altcoins were born after Bitcoin a lot, today there are many new ICO projects on a daily basis and contribute to enriching the market, so in the future, altcoins will be able to pass Bitcoin about market cap.
newbie
Activity: 154
Merit: 0
What makes a coin important is the purpose it was meant to serve, if you have a coin that has great working product which people are using then the importance of the coin will make it popular and more people will use it
member
Activity: 73
Merit: 10
I think all coins based on the below concept :
 - Smart contract coins as eth , neo
 - Dapps light project as semux , lisk
Thanks
newbie
Activity: 136
Merit: 0
Yes altcoin is important not just bitcoin but in whole crypto. Infact altcoin now is use some icp to nake good project in the upcoming future and altcoin use to hold and daily trading
member
Activity: 215
Merit: 11
If bitcoin alone is available in the market this could have never gained such an importance as well it could have never grown high. When there is competence automatically each asset will try to grow above the other. This will let each asset progress as well it gets technology wise advanced over the other.
sr. member
Activity: 770
Merit: 254
Not in my opinion, frankly I hope all altcoins will crash and everyone will turn to bitcoin where all started.
Do we really need couple thousand altcoins? I don't see it as competition, rather pump and dump schemes in order for someone to earn more bitcoins.
sr. member
Activity: 2464
Merit: 252
Yes, altkoins are very important in the world of crypto currency. They are very diverse in their purpose and functionality. Therefore, some altcoins will rise to the level of bitcoin in the future, and no one can know what will happen next. Altkoins has a great future, because in practice they greatly simplify our life and make it much more comfortable.
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