They already are. Think about it, if you now receive information about the closure of Ethereum and Ripple, how will the market react? Do you think Bitcoin will not suffer?
Topic: Will Altcoin be as important as Bitcoin? - page 2. (Read 3835 times)
People buying altcoins because altcoins have small marketcap than bitcoin so they have bigger chance to earn money with altcoins. Yes in everyplace we can see some competition and here there is a competition between altcoins and bitcoin . I am sure with time altcoins will be more stronger than now and they will be a strong competitor for bitcoin in the future. Now the cliffs between altcoins and bitcoin is big but i believe in the future it will be small .
Altcoins are equally important as bitcoin because they are promising coins and have the potential of becoming great in the future. Its very important to invest in altcoins. They are worthy just like bitcoins.
No, there are many reasons why altcoin is not like bitcoin and this reasons are:
1. Bitcoin has been in existence for long
2. Bitcoin is recognized throughout world
3. Bitcoin serves as medium of exchange in some country
4. Almost all the altcoin depends on bitcoin when it comes to rise or drop in price.
This is the most common reasons why it will not , but some altcoins are making it and try surviving like bitcoin do. Its not bad to trust a altcoin if you know that a certain altcoin has a potential to survive and have a great future. 1. Bitcoin has been in existence for long
2. Bitcoin is recognized throughout world
3. Bitcoin serves as medium of exchange in some country
4. Almost all the altcoin depends on bitcoin when it comes to rise or drop in price.
Altcoins beating Bitcoin? That possibility is not likely to happen although altcoins like ethereum xrp, cardano neo are really doing well. I believe that a few years from now, these coins will be a force to be reckoned with in their own right.
No, there are many reasons why altcoin is not like bitcoin and this reasons are:
1. Bitcoin has been in existence for long
2. Bitcoin is recognized throughout world
3. Bitcoin serves as medium of exchange in some country
4. Almost all the altcoin depends on bitcoin when it comes to rise or drop in price.
1. Bitcoin has been in existence for long
2. Bitcoin is recognized throughout world
3. Bitcoin serves as medium of exchange in some country
4. Almost all the altcoin depends on bitcoin when it comes to rise or drop in price.
It is already, if you put the prices to the side, you will see that the market will die without altcoins. Lets take Ethereum as an example, 30 percent of the whole coins are ERC-20 tokens and ETH is the major coin for collecting funds for every ICO.
it's true that in fact every coin is a rival to other coins, they compete to get interested, they do it not only in ico but also after entering the market and about bitcoin I think there are already a lot of fans moving to altcoin especially on new altcoins which are usually very interesting attention
No . alts is not really important imo because they are just only an alternative option to ther original crypto which is bitcoin . If altcoins are not invented i think bitcoin will get more attention which can result for its value to grow harder But i believe some people love alts more than btc just because they are into trading because atcoins have more variety than compared to bitcoin alone .
Not to mention that alts do also have a lesser fees and lesser traffic in terms of transaction talks .
Not to mention that alts do also have a lesser fees and lesser traffic in terms of transaction talks .
I don't think that altcoins would be as important as bitcoin, but some of them have got very high potential in future like Monero, Ethereum, Neo, Ripple, Cardano. These coins can compete bitcoin in future.
New things come with the time and has updated and modified version and make there place in market so it is possible that alt will become important in future but my personal opinion is that Bitcoin know as the father of crypto coins and all are directly evaluate with Bitcoin and Bitcoin is also updating along with time and it has it own importance so it will be very difficult for any alt coins to become like Bitcoin.
Bitcoin price when compared to last year has eroded substantially this year till date. And, the plunge hasn’t stopped yet. The fall in the prices of the digital currencies is primarily due to the two reasons. Bitcoin price was trading at $9,761.91 up 2.58 percent on Coindesk today at the time of reporting.
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 and i think bitcoin will still be the best.
Adoption will be the key to any altcoin that will take the centre stage to displace bitcoin... Bitcoin is now the biggest because people have adopted it, more importantly it is people who determines it price.. So my own opinion is that altcoins should strive to give out a working product to push them towards public adoption
It seems to me that Bitcoin is out of competition ... Nevertheless, altcoins are very important for the continued development of the entire ecosystem!
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?
Of course it will in the near future. I think many people believe that altcoin has the power to be more potential that bitcoin. I think many investors will like it for as long as it is both profitable for us and them 
Altcoins are just as important as bitcoin in my own opinion. The only differences are I think the prices and how profitable those can be. But it doesn't really matter because both are profitable and those two are still great options. And bitcoin just got ahead in development. But with altcoins like Ethereum, I think there is still a possibility that there are altcoins that could surpass bitcoin.
Bitcoin isn't the best coin, it's not the fastest or cheapest in terms of fees. So, I think it will be just a matter of time when another coin takes over the number 1 spot. It won't happen in next couple of years, but it will happen. Right now Bitcoin is just too popular and famous, it was the first and changes in peoples' minds will take time.
He's not leaving the market. The main reason is the deflationary model of bitcoin itself. Look how much time has passed from the starting point to today. How many of these cryptocurrencies do you still know? I will only agree that other worthy projects will simply share this market.
Bitcoin isn't the best coin, it's not the fastest or cheapest in terms of fees. So, I think it will be just a matter of time when another coin takes over the number 1 spot. It won't happen in next couple of years, but it will happen. Right now Bitcoin is just too popular and famous, it was the first and changes in peoples' minds will take time.
Which vision of Bitcoin?
The "B" Bankers vision
The "C" Chinese Miners vision
The "S" Satoshi vision
or any of the other visoins?
https://www.youtube.com/watch?v=sZHCVyllnck
The "B" Bankers vision
The "C" Chinese Miners vision
The "S" Satoshi vision
or any of the other visoins?
https://www.youtube.com/watch?v=sZHCVyllnck
The altcoin can bring more experience products to investors. The altcoin can make investors profit in the short term, but its shortcomings are also very obvious, too many scams and rapid price collapse!
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