Bitcoin Forum

Hello,

this is probably going to be another controversial topic, but I think, I'd start it for the heck of it. You can all scream at each other about how wrong the other person is, but please refrain from excessive verbal abuse.

To preface this, I'd define "survive" as being at least a few years old, holding steady or rising in value and having no indication of imminent end of the project/blockchain.

Anyway, I was just asking myself this:
At the moment, there are hundreds of Altcoins out there. Let's assume, that in ten to twenty years, blockchain is a word everybody knows like everybody knows the word internet.

How many altcoins/blockchain project/whatever you wanna call it, apart from Bitcoin will be out there? I'm not asking for specific names, I'm asking for an estimation.

I think you can roughly group all altcoin projects into two camps: the "pure" currencies, that are basically value transfer systems and the "blockchain as a service" groups. In both camps, there is a lot of redundancy, so that just a few will survive. I think it is going to be more than just bitcoin, though. BTC and ETH are a realistic scenario, although I's say it would be more like 3-5 value transfer coins plus two BaaS projects, who may have a bunch of different tokens associated with them.

Thoughts?

Ok, if 'blockchain' becomes that ubiquitous then, like the internet, we'll have more and more alts functioning regionally like ISP's and filling their own niches.

So in my estimation: MOON OR BUST!!

Hmm, I doubt that. Unless, we will see something that is not that common at the moment but might be in the future: Throwaway blockchains, i.e. blockchains that are used for a short period of time for a very narrow purpose and are discarded or archived afterwards.
I'd expect them to be associated to a "motherblockchain", though, so I wouldn't really count them. I wouldn't count things like Iconomi, Blocksafe, SingularDTV and other tokens issued on an already existing blockchain either, for that matter. I expect to see tons of those, but I think there are going to be only a few "motherchains" to build upon.

Ethereum is for sure the one is is unsinkable. Given all what it resisted to, I see no doom for them, ever.

I think we're gonna be surprised how many stick around. I really didn't think most of the stuff that went crazy in 2013 would still be here but it is. the speculative fringe is never ever going away now so I think they'll survive on the margins and keep feeding themselves bullshit pumps.

My doctor told to laugh once a day very good... Thank you for the medicine!

Believe at the end there will be a dozen of coins left. Those who invest in Development will survive the market.

Currently there are two serious candidates:

Bitcoin
Gulden

Other on my shortlist, but to my opinion there is not much activities in their community:

Vcash
Bitcoindark
Dash

Ato the end, blockchain payments will stay and grow.

Yes this is my thoughts on it too. Seems that most never die totally and the ones that seem too can be brought back at anytime?

I've never heard of gulden.

what makes you think alts are gonna consolidate? I think it's gonna get ever more insane. there's too much temptation to make money out of nothing and too many stupid people who fall for it. there are billions more who are currently untapped.

I expect 10-20 Alts will survive long term.

I don't expect the new alts boom to slow down anytime soon, but I think it will at some point. My reasoning is this:  let's assume, as said before, mass adoption at some point. As soon as the masses start to use blockchain technology, the network effect that is keeping the big coins big at the moment is going to multiply its strength, so much in fact, that new alt projects just won't have any chance, because nobody is going to take them seriously. Sure, some gamblers are going to buy in and there will be yet another bitcoin competitor, as long as bitcoin exists. Do you know how many "facebook contenders" there are? I don't either, but all of them have no chance at the moment. Not because they are worse, some may even have better technology, but people already have facebook. To create something, that is challenging facebooks standing, you'd need to create something that is not just a bit, but way more interesting.

About that number, yes.

ZEIT will still be here.  :D
3 Years old in March 2017.


 8)

@OP
Define "survive" & "long term"

Survive as in traded for profit on centralized exchanges like Mintpal or McxNOW or Cryptsy ?

I tried in the first post:

Any examples?  5 minimum :)

much coin can survive and long term
1 ethereum
2 monero
3 dogecoin
4 litecoin

and newcomer coin
1 Icn iconomi coin
2 antshare coin

Ethereum gives a real evidence be a long term coin, and the hacking cases are not giving an impact for the coin and the price is always kept in their chairs. and be the best coin after bitcoin the mother of the coin....

Altcoins with hefty funds will continue to exist, I can see 20-30 of them will survive.

I expect more than 10 alt coins can survive for a long term, but the most perfect amount according to me is 5 alt coins, too many coins will weaken all the alt coin, we need a strong coin who can become bitcoin rival and coin that can attract big company to use

All these new altcoins that keep popping up will only hurt crypto currencies in the long run. How many people you think going to keep investing in new alts that rip them off. There is about 200 pages in the alternate ann section. This is going to hurt Bitcoins too. But what do I know, I am a newbie.  :)

everyone has supported a lot of coins and tokens and for me for instance have supported more than 10 coins. but i suspect there will be a lot that will survive. More than 50 perhaps, each of these coins has specific purpose and so the rest will stay forever so long as the dev wants it alive and wants money of course.

I can't defining who the alts can be a live for a long term in the middle of the competition, some time the coin is in my opinion is so silly and the ending he can still alive for a long time comparing with the promising coin just get short age in their coin. so I can't determine who the longterm coin in this time.

Doge, ETH, Monero will survive long term, regarding Litecoin - hard to predict. Most probably from all altcoins will survive 5 - 6, not more, because all altcoin market is not so large, like Bitcoin market.  ;D

Hopefully none with the possible exception of Litecoin as it is the only true alt.

There is no need for any more altcoins.

for litecoin, i think the price will be increase for next month or soo and for now, i think litecoin would stick on the range 0.0062-0.0063 then i hope the price will increase into 0.0089 like before. the other altcoin is like doge, monero, dash, ethereum, ethereum classic, nxt, i think will be survive for long term.

Among the altcoins I believe that litecoin has proven itself as a long term  cryptocoin. Despite all the hate and FUD it has recieved, it still continues trucking on proving the doubters wrong. Some scrypt based coins are even merge mining with it because its hashing power still remains the strongest second to bitcoin after all these years. Now with the recent upgrades their development team are working on, it is alive as ever.

My favorite is still Primecoin but there may be other better coins. 

depends what you mean by survive and long term.

i think a ton of alts could tick along for many years without any real meaningful currency use.

longterm (ie 10years plus) as a genuine usable currency i think very few if any. litecoin being the best bet (if it doesn't go down the innovation to sell snake oil path which is currently hinted at).   

 

Except for the fact it is PoW which means China controls it , just like BTC.
Proof of Stake will succeed all PoW coins in Time, 
Litecoins and the others will have to switch or die when it is no longer practical or profitable to mine.


 8)

crytpos are borderless, china doesn't control litecoin mining or trading. for example i trade almost totally on chinese exchanges yet i'm aussie, just traders worldwide follow the liquidity.

anyone who backs POS as a longterm solution doesn't understand basic math. pos can be dominated same as pow yet has bonus flaws to boot (anyways theres many other threads about the pos/pow debate).

And you missed the point entirely, the Mining pools are usually centralized in China and they usually control more that 51% of the mining capacity,
which means they can do a bunch of nasty little things to it.
https://www.litecoinpool.org/pools

PoS requires to buy the coin and to profit you have to sell the coin,
PoW you sell the coin make a profit but it does not decrease your ability to make more since the value is in the ASIC and not the coin itself.

It is funny how all of the PoW miners ignore the fact China's Pools have over 51% for more than a year now.
Also electricity rates are being raised on Miners as they drive up the price of electricity.

Proof of Stake does not create an ASICS arms race , and will not require massive changes to the electrical grid.
It will be proven the winner, just a matter of time.  :)

 8)

FYI:
Things someone with 51% of the network hashrate could do.
They could prevent transactions of their choosing from gaining any confirmations, thus making them invalid, potentially preventing people from sending Bitcoins between addresses.
They could also reverse transactions they send during the time they are in control (allowing double spend transactions), and they could potentially prevent other miners from finding any blocks.

to answer this question you should look at the history of altcoins and how many have been created over the years and how many of them are still alive today.

i don't know if there is some place that is keeping the history of altcoins but you can check the altcoin announcement board (there is 215 pages right now) and go to the older pages like this (https://bitcointalk.org/index.php?board=159.7720) (the oldes page i could find was 2014!) and see how many of those are alive this day and what is their prices.

this is why i believe only a handful of coins will survive for long term.

chinese pools are just that pools which people located all over the world mine from.

and POS you just control the coin by having more coins, and you can 51% having just a small % of totally coins. and those who hold the most earn the most so over time increase their % v the rest, and if you go those coins stupid enough to be mining blocks rather then % the math will show you over time that the outcome IS always one person owning the network.

I would say:
ETH, LSK, NXT and STRAT.
NXT will be ARDOR in a couple of days and as always, adoption is the key.
Same with STRAT (www.stratisplatform.com), they have a very interesting road map, IF they can work it out and attract clients, they will be a big player in the upcoming years.
With the whole Brexit materializing in a couple of years we might see an interesting position for them in the financial/economics market.

Why a lot of people is feeling doubt for the lite coin, but in my knowledge the age of lite coin is more long comparing with the another like xmr and eth but correct me if i'm wrong, but many coin is listed in the polo i sure if that is will be a long term coin... but i really loved with eth in this time .

Really ,

Ok use your math to show me the one person that owns the entire ZEITcoin Proof of Stake network, because you seem full of it.
Here is the block explorer dazzles us with your math skillz.
https://chainz.cryptoid.info/zeit/
(It is a ~3 year old coin , so by your Logic 1 person should own all of it by now.)
(You Wrong , but it should be fun to see your math.) :D

But the fact you also ignore the 51% PoW coin issue shows your logic skillz are flawed.


 8)

FYI:
You might want to read up on 51% attack , back when the BTC community was being honest.
http://www.coindesk.com/bitcoin-miners-ditch-ghash-io-pool-51-attack/

Chinese mining Pools combined once total ~70% a few months ago. They control it , and the PoW users pretend blindness to that fact is childlike.

ltc, doge, eth, and maybe 5-10 others will survive

Honestly you can not predict if how many altcoin will live or survive in the future. for me i just relaying in coin market cap. 500k volume above those are altcoin that can survive for a long term but for newly release altcoin i do not know if they will stay long since i tried to invest and trade for those altcoin and never made any profit..

I would add that no one really know the numbers of ALTS that will survive that long because a lot of factors will be responsible for any one to make it that far even as at now a lot of alts that came out with a lot of hype have fizzle out some are still coming and others will continue to come.

One factor that I know wil affect the long term availabilty of any ALT will be support in addition to crowdsale in the establishment of such.

firstly if you read i said POS stupid enough to use block rather then %, one person eventually owns the market, i assume zeitcoin is % (not that i'd even bother researching what shitcoin number 3562920 is)?

% ones well the rich get richer and to 51% requires less the 51% of the coins, ie build up weight overtime to attack the network which has been done and tested.

also i'm no fan of bitcoin or pow (in bitcoins form) and yes it is completely flawed and can be 51% which i'd argued long before pools did such a thing and was often shot down in flames for even suggesting such.

and theres an easy solution to all of the above; simply stop having people mining (to gain free coins well using electricity but i used the term free here on purpose for a different reason which pertains to the solution) as your mechanism for moving blocks (which again people have shot me down in flames for even suggesting but tis easy enough and is currently being experimented with).

Yep, ZEIT is % based, 5% next year.  
Highest combined wallet is only 5.47 % of the Total Amount (Most likely an old exchange that died),
way less than the hash rate controlled by the largest PoW miner like Antpool with 17.3% . :)

I have seen the attacks, you mentioned carried out on weak PoS coins , like APEX, which only had less than 6 stakers at the time of the attack and difficulty # was tiny , and they had an unlimited coin age, combined those issues made the attack possible.
We have Billions of coins staking , with limited coinage, so even if you could buy 51%, its coinage would not be high enough to dominate the network like the ASICS can dominate a PoW coin.
After 3 years our highest combined wallet is less than 6%, so our specs seem to be handling your concerns quite well.  :)

The easy solution, stop having people mining, while technically solving the issue , provides zero incentive to waste personal resources to keep a network running.
The only way this can be done is to completely Centralize a Coin , where no one else can mine it , and someone pays you for the privilege of using said network.
Because at the end of the day , financial incentive has to come from somewhere if you want it to continue being supported.

 8)

i say 5 coins tops are going to survive in long term and at least 3 of these coins are the old coins that we already know like Litecoin and Monero. but many other newer coins no matter how big and full of sound they are, will be dead before the year ends.

I expect many.  Hundreds, thousands.  Maybe none of those that exist today.  Maybe not even bitcoin.  In the same way that Roman money doesn't exist today, but that there are hundreds of fiat currencies.

It all goes down to how the community fully support the coin and how dedicated the development team and of course uniqueness plays a major roles if Crypto currency become the norm in the internet payment I see at least 30 to 50 coins surviving.

only because your looking at it from the old btc perspective.

one would waste personal resource to obtain their own coins? simply have the receiver move the chain and requires little energy as no competition for the block.

completely decentralised and not simply greed keeping the system going.

eh that's stupid, only a minority will remain alive the majority will fail miserably, just look at the top 5 or top 10, those are the coin that matter, and some times you get one from the shallows market, that is pumped for no reason and cn reach the top 20

much coin can survive and still much use altcoin

1 ethereum
2 litecoin
3 dogecoin
4 monero
5 NXT
6 XCP countery party

this big community use coin and the big volume transaction can longterm survive

Im expecting to have only top 50 altcoins or below cause altcoins depends on how useful it is like monero coin that is use of many people on transactions on Darknet because of its full untrackable anonimity in other words altcoins is the alternate coins that have a new features that dont have.

Ya but when i go to the store i can ONLY use my Canadian dollar.

And the days of being able to walk into a bank and convert currencies are long gone.
I went and and tried a year ago and they said no we don't do that ... bye.

You are bullshitting and not being real.

the only reason the paper fiat dollar works is because he nation decided on ONE fucking currency.

Quit being stupid spewing unrealistic crypto rabble bullshit people.

I agree aside from bitcoin, those that gathers millions of dollars will survive because they have the  fund to spend for marketing, pump and lots of shills to spam the thread of their beloved coins :D

And of coursee those with a serious and dedicated developer

VCASH
Dash
CBX
XMG
and alot more not mentioned here.

Vcash is not the best option and i think its more better to say in
dash coin
cbx
litecoin
dogecoin
ethereum
etc
monero
clams
Those altcoin i think that can live more in the market place.

Very few, 99% fail within their first year. Only the Alts with a specific purpose that BTC doesn't already fulfill will survive. Namely ETH and XMR  :)

Just the coin is having a big market cap will be a long-term coin, and why? according from the market cap is already teaching the how many the adoption of coin in the digital community, Like ETH considering from their market cap is already let me an evidence for it. because in my mind the market cap does not just tell us the volume but if we can excavating the data we will get the another specific reason for that.

I see many of you, guys, like doge and think it will survive long term. Somebody can explain it? Why is it so special?))

the only altcoins that are going to survive for a long time are those which have already survived this long and nothing else because they have already been battle hardened and those who survived with a high price like LITECOIN are actually good not a pump and dump.

You are right for more than one reason too.
All coins combined are like the total supply and another coin just launched just NOW
..there is millions more to the currency supply.

All of them require Bitcoin / FIAT to buy.

This rapes the very concept of supply and demand and spits on the very concept of currency.

Why did the US Federal Reserve utilize "Quantitative Easing" ?
AKA: Burning crypto coins.

And that is the tip of the iceberg it gets worse the more you look at what is going on..

I commented on this earlier and was ignored.. knowing what replies would be posted in advance.

Survive ? Long Term ?

Uhhh they are NOT "surviving" long term as it is right now.. never mind later.
Look around, 99% of ICO's drop below their initial price and mining is passe / unpopular.
Coins are dropping like flies all the time ..price wise on exchanges.
Which is what i asked earlier..

Survive ? What longer term trading on centralized exchanges for profit ?
Is that the real goal here profiteers ?

Rude Awakening time..
No Altcoin has accomplished anything or had 1 single bit of innovation.
If some Altcoin was innovative it would be more popular + worth more than Bitcoin..
or at least be competitive in it's market value against the USD dollar.
What do we see ?
BTC = $600 and Ethereum = $12 ?
What does that tell you ?
If ETH had any potential to dethrone BTC we would have known when it launched in 2014
it's almost 2017 and Bitcoin is fast approaching it's decade old birthday.

The reality is the world does not give a fuck about handing picture ID over to Poloniex in order to buy ANON coins to buy crack & AK's on Silk Road while trading for chump change profits.

Bitcoin itself has been on the decline since the rise in 2013.
THAT is your high water mark / bench mark for Altcoins.
You should be worried Shitcoin aficionado's.  :o

The perception is Bitcoin is some weird ponzi / pyramid scheme coin internet thing used on Silk Road by criminals for child porn machine guns terrorism and crack & meth.
Not only that but most think it was a thing.. they think it ended in late 2013 and are surprised people are still "doing it" ..it being profit trading on centralized exchanges. (as we know "it")
Sure..
They may know it's still going these days because of all the never ending stories about Ransomware + Bitcoin but how many of those people out there are jumping in buying $600 BTC coins to use with online merchants ?

NONE.

Hell there is probably a lot $900 BTC bag holders still waiting to get out breaking even from 2013 RIGHT NOW.

Get this.. some people have taken a loss with Crypto.. i know SHOCKING right ? LOL

You all don't care you sit here and spew bullshit over your little chump change bags.
Completely oblivious to reality and the outside world that matters.

Your fucking little ETH or Doge ROI does not matter investards.. the worlds population adopting crypto coins does.. so how is that coming along ?
Pro Tip: You will have to stop checking market prices for scam coins to figure that out ;)

Future ?
A new coin will come along and more brats hoping to make a buck and more exchanges will be "hacked" and more will show up replacing them.. and you will all rally on endlessly about which coin will be "adopted" ..while no coin ever does get adopted.

In a couple months i can say i have watched this retarded bullshit sink for 5 years..
2013 = Peak in adoption / popularity + market prices.
2014 = scene gets shittier and crap coins slump in price.
2015 = Idiots go on ICO / IPO rampage
2016 = Idiots cling desperately to thinking if they bag hold shitty scammy ICO coins they will get rich.
2017 = Same old same old.. trying to clone coin your way out of trouble.

I said long ago i have little faith in you all to get your shit together.
It's just not going to happen.. you are all doomed.
And if you don't see it it's because you are the low hanging crypto fruit being preyed on by the big kids.

It's because stores are required by law to accept government money, name is legal tender.
This fact doesn't preclude many digital currencies from establishing themselves as means of p2p transactions between individuals and c2b between customers and businesses.
Although the store has to accept government money by law, it's legal for them to accept other forms of money until it's explicitly made illegal - at that point we can talk about enormous erosion of freedoms and dictatorship as a form of government. History is your guide for how dictatorships end.

See how easy it is to put two and two together. Next time try yourself and ask for help only when you spend a good part of your day on it and still fail.

you very underestamate
you say only monero and ethereum can suvive
this mean you say dogecoin litecoin DASH and more can fail and lost
you statemen only say without analys

I honestly think that not a lot of them will survive, I have the feeling there will be some that will survive but the most will die for sure.
I think that Monero/Ethereum/dash will survive for sure.

Dear Sir, in all due respect you forgot to mention a critical year in crypto history:

2001 = PACCOIN invented as an alternative to the combustion engine. It failed and was redesigned in 2004 to be the most worthless altcoin to ever exist. Today, PACCOIN exceeded expectations and presides a commanding position at the bottom of CoinMarketCap. PACCOIN was named to honor the PAC-MAN arcade game developer: Mr. Toyota Panasonic.

I just have one altcoins that will survive in my opinion, it is ethereum classic ETC, i choose it because of i was ETH trader and i was disappointing to ETH, ETH become hard fork coin and ETC is real ethereum.

Just ETH and XMR fanboy :P and so all of the coin is having a chance for be a long term coin, but it's not defining by from the maketcap, but the performance of the team or another important factor is needed for defining are the coin will be a long term coin. But doge,Lite is more older than XMR or ETH.
the heavy statement is need a good analisys.

Alts I  consider worth it :

Bitcoin
Monero (XMR)
Lisk

Do you can show up about the reasons, why you choosed them? It will become give much the informations and maybe we can discussion about it. Thank you very much.

Ya just like you said,the doge coin is more older than that XMR and ETH.But it feel sad because the price is still not rising until today.For me the one reason is because many people already leave doge coin.Only just a few people who still using doge coin for their daily life.

how about just one..litecoin

there are many coins that have survived in the coming years, if they have a large and active Community, the coin will survive for many years.

Ethereum
ripple
litecoin
monero
Dash
Dogecoin (up to that annoying coin will survive)

other coin that I would love to grow and survive in the coming years:

JWL (has a good developer and a very good project)

lol that is very naive form you, you mean bitcoin? litecoin is doomed no matter what project they bring , because its too old and no one care anymore, it's only good as a pump and dump, i'll buy each time there is an halving incoming there and that's it

Scroll up + Scroll down.. Trolling then a barrage of HOLLOW pointless shilling.

Notice how no one ever says why XYZ coin will "survive" long term ?

Why ?

Because they said so and took money out of their bank account to buy shitcoins.
..that is "why"  ::)

Problem kidiot investards..
The crowd jumps from coin to coin.. for profits.
The next flavor of the month coin will come along and you will all dump quietly then create new accounts here then shill that bullshit.. i know i watched you all do it for 5 fucking years.

Same old same old..

Altcoins  :D

This forum section was the shameful laughing stock of Crypto 5 years ago and STILL is !

bitcoin is obviously the only thing that has the highest chance of survival and with a big difference than the second top.

i am not a litecoin supporter but i don't think it is doomed at all. only because it has been surviving all these years and the survival was not like other altcoins from prices like 0.01 to 0.0000001 it has actually been pretty stable around 0.0055-0.008BTC for most of its lifetime.

Ethereum and Xaur will be the one to survive long term as we can see, There are many people who are really using Ethereum nowadays and its now at 0.02 per Ethereum having this coin is like you can make short trade because the price of ethereum is not that stable like bitcoin but if there any other choices maybe i would change my mind

I believe in LTC, ETH, XMR which will last for long imo. And most of the new coins coming these days were just scams.

It depends how many more new ones we get. In ten years, probably not many, but there will always be new ones.

There has to be some kind of demand for the altcoins. Maybe if the bitcoin price hits the sky, people can no longer afford it, and altcoins will slowly have higher demand. But I can't determine which one? Is it market capitalization that determines it?

Simple: PACCOIN

None, and anything relevant/useful will be implemented in a Bitcoin sidechain.

Guys, it is not the idea of this thread to promote your personal taste of alt  ::)

Especially not in the form of pointless oneliners in big letters. No arguments, no business.


Yeah, I think in the end this is how most legit alts will die. Once Bitcoin sidechains are a thing, you'll need to tread lightly when dealing with altcoins. I still expect some to keep their head over water, though.

How about altcoin in top 100 in coinmarket cap do you think those altcoin will not stay for long term?
Many altcoin are still made from 2013 altcoins.. unlike new release ico's they are died soon..

One word: Many

And lots of them probably won't come from the present top 100.

A lot of them may not survive because of the arrogance of the team.   A lot of questions go unanswered by people who really want to adopt them.

I am calling 420 independent block chains.
There is plenty of fairly well coded wallets, all it takes is for a small community to keep it going.
I can see perhaps 300 under $20k chains maintained by 'the amateurs' and normally small dedicated groups eventually come across 'use'.  Next are the mid range $20k-$100k.  Then upper midrange $200k-$1M, knocking on heavens door.  Chains with $1M cap are mostly here to stay (mind you the fresh capital is here via ICO fakery).  General public won't care for anything past top 10 as 'long term', but there are some very solid projects lurking in the shadows.

 

i think there are few altcoin only which are officially best and have long life .
in my opinion doge,ether,dash,litecoin,edr are only for long term altcoin trusted altcoin .