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Topic: Will Altcoin be as important as Bitcoin? - page 7. (Read 3847 times)

member
Activity: 363
Merit: 10
November 02, 2018, 01:53:29 AM
In my opinion, altcoin and bitcoin are almost the same, but perhaps more people prefer bitcoin than altcoin although BTC is part of Altcoin. I see the two are equally important, it has the effect on each other. But if I was chosen, I would choose Bitcoin because most people are using BTC.
member
Activity: 378
Merit: 10
November 02, 2018, 01:52:48 AM
Alcoin and bitcoin each have different roles, of course this is important for the world of cryptocurrency, bitcoin as the top coin is certainly the parent of several other coins and its role is more important than alcoin
sr. member
Activity: 1624
Merit: 341
Buzz App - Spin wheel, farm rewards
November 02, 2018, 01:46:51 AM
Good day! No alts can defeat Bitcoin. But some alts have their own usage so its importance differs on the different platforms they are used. Different altcoins, different products. With these alts, bitcoin became even more stronger and known.
if there are altcoins have similar technology or maybe even better from bitcoin , i am sure it could replace bitcoin as major cryptocurrency in market.but unfortunately till now did not appear yet this coins.
legendary
Activity: 1358
Merit: 1000
November 02, 2018, 01:40:35 AM
I'm asking you, what would you mean "important" about bitcoin, as far as i know that bitcoin isn't widely accepted as the mean of payment for transaction. perhaps its just several places that accept it as tool of transaction. We mostly used bitcoin as a mean of investment in the crytpocurrency world.

Probably, the guy means popularity. He worries if altcoins can become as popular as BTC. I suppose, some of them will do it. Take, for instance, Ethereum - it is loved by many people and has many fans.
sr. member
Activity: 612
Merit: 250
November 02, 2018, 01:25:05 AM
It is difficult to answer a similar question. A few days ago, Bitcoin celebrated its tenth anniversary. Over time, the world saw his fork, which appear now too. At the moment it is very difficult for them to compete with Bitcoin, this is due to a lot of factors. But if you take into account the age of cryptocurrency, then everything is not so simple. Perhaps, in the future, Altcoins will offer too the world powerful functionality that will shift the bitcoin dominance.
hero member
Activity: 2170
Merit: 503
Reward: 10M Shen (Approx. 5000 BNB) Bounty
November 02, 2018, 01:21:19 AM
Good day! No alts can defeat Bitcoin. But some alts have their own usage so its importance differs on the different platforms they are used. Different altcoins, different products. With these alts, bitcoin became even more stronger and known.
you are right. when compared one by one, of course there are no altcoins that can compete with bitcoin. however, altcoin has a lot of products, of course it will be comparable when compared. well, altcoin is part of bitcoin, that is my opinion.
full member
Activity: 1078
Merit: 102
November 02, 2018, 01:16:30 AM
Good day! No alts can defeat Bitcoin. But some alts have their own usage so its importance differs on the different platforms they are used. Different altcoins, different products. With these alts, bitcoin became even more stronger and known.
newbie
Activity: 69
Merit: 0
November 01, 2018, 11:08:57 PM
At present, all altcoins rely on their products or teams to gain value, which is also their shortcomings, because their use is very limited!
because products and teams are very important to win, teams that have experience and have succeeded in doing business will definitely be selected again to help their progress. if the process is successful, the value of Altcoin will go up and many people are interested, Bitcoin or Altcoin is just as good but if Altcoin is intended by Altcoin which has great potential and has quality that proves very good.
full member
Activity: 490
Merit: 100
November 01, 2018, 11:02:03 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?
I think that it's not about the competition between altcoins and bitcoin, they are mostly companions, not competitors, but that there will be or not such an altcoin, which can prove to be better than bitcoin. But at the moment this is not and may not be.
member
Activity: 378
Merit: 10
Fast, Smart, Trustworthy
November 01, 2018, 10:54:22 PM
At present, all altcoins rely on their products or teams to gain value, which is also their shortcomings, because their use is very limited!
sr. member
Activity: 756
Merit: 250
November 01, 2018, 10:53:55 PM
Many people have moved from bitcoin to altcoin, sometimes there are some coins that have great potential, both for long and short term investments, and many ico offer discounts when they are presale. So it makes us want to try to buy the coin.
sr. member
Activity: 658
Merit: 250
November 01, 2018, 10:45:04 PM
I'm asking you, what would you mean "important" about bitcoin, as far as i know that bitcoin isn't widely accepted as the mean of payment for transaction. perhaps its just several places that accept it as tool of transaction. We mostly used bitcoin as a mean of investment in the crytpocurrency world.
member
Activity: 226
Merit: 10
November 01, 2018, 10:34:15 PM
I think even if Bitcoin is in the lead of the cryptocurrency market you still need some good runners up from Altcoins. As such I'm of the opinion that Altcoins would become the next best alternative if not better.
They are different coins that has a each platform but I don't think altcoin is much more worth than bitcoin ,as we know crypto is the number one listed in terms of promising coin due to it's fluctuated prices .
full member
Activity: 462
Merit: 101
November 01, 2018, 10:22:18 PM
Until now, in my opinion bitcoin is still the best of altcoins, many people survive with bitcoin to invest.
many people buy altcoins to trade or invest, but many of them choose altcoins because they cannot invest in bitcoin.
member
Activity: 355
Merit: 10
A p e S w a p ///$BANANA Farms
November 01, 2018, 05:00:19 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?
that's the situation of a market there is a rise and fall, regarding the increase in altcoin will definitely follow in the footsteps of bitcoin will not be able to exceed the price of bitcoin for now, and especially bitcoin that lives a little, the price will likely continue to grow high in value.
full member
Activity: 742
Merit: 144
November 01, 2018, 04:54:36 AM
I believe that altcoins are only a tool for speculation. What the real use of they have no. For many altcoins even goods can not be bought while for bitcoin to buy some goods really

I don’t think so, there’s so many altcoins that have a real value today and its technology is really good. For example the XRP, many banks are already adopting this technology so meaning there is a real use of this coin.

Good altcoins will become important as long as with bitcoin, because this is a cryptomarket and we need more coins to fulfil the emptiness of bitcoin. Altcoins may not overcome bitcoin but its significance will remain in this market as we are continue growing everyday.
hero member
Activity: 966
Merit: 500
November 01, 2018, 04:49:07 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?
At present, many excellent altcoins are emerging, but the status of BTC cannot be replaced. BTC is a bridge between French and cryptocurrencies.
full member
Activity: 756
Merit: 101
Oikos.cash | Decentralized Finance on Tron
November 01, 2018, 04:44:47 AM
Ethereum can surpass bitcoin in the future , because it is used in many transactions.as for the rest of the coins, they most likely will not be able to surpass bitcoin.
sr. member
Activity: 784
Merit: 250
October 31, 2018, 08:00:24 AM
Bitcoin is the most trusted coin at the moment, because it is the most famous one. Technically, there are a lot of coins that are simply better than bitcoin, but they need to become more popular. When the mass adoption will come, Bitcoin would be replaced by an altcoin.
indeed there are lots of altcoins but not as good as bitcoin, the most popular bitcoin coins and the highest price. so I guess it's impossible if altcoin replaces bitcoin quickly because bitcoin is the main coin and the other altcoin benchmark.
newbie
Activity: 17
Merit: 0
October 31, 2018, 07:53:14 AM
It is very natural for competition to exist in the market, the same goes for the market of crypto currency. Competition will exist between bitcoin and ALT coin. But it cannot be said which will dominate in the future. If the alt coins provides better facility then it will be successful. But this will take time as most of the people, only recognizes Bitcoin.
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