Bitcoin Forum

Next to Bitcoins there are several different other crypto currencies like DASH, ETC, ETHEREUM, LTC, XRP. Do you believe in them? Are there any Advantages and/or disadvantages?  ???

Several? To this day there are exactly 1037 crypto currencies and counting https://coinmarketcap.com/all/views/all/ (https://coinmarketcap.com/all/views/all/)!!!  ;D

Yes I believe in the coin you mentioned above. I have learned the ins and outs of some of the above coin and have invested with some of my money. See them from the developer side then you will understand what i mean.

Of course I believe in them, almost all of them because the reason behind it why so many other altcoins that has been created is because it does a thing what Bitcoin doesn't do or offers. It is just that Bitcoin is the pioneer or the first crypto currency that is why it is so famous and widespread and hold the number one spot compare to other crypto currency coins.

Everything has its own advantages and disadvantages if you may say, just do some research in trusting a single coin because nothing beats your instinct within a thing. If you will just rely on others opinion it is up to you but at the end it will be frustrating if something bad happens.

Earn money on some crypto currencies more profitable than bitcoin but I trust bitcoin so keep the money in bitcoins.

They are all supports for bitcoin. As they're name suggests, those are Alternative coins, Alternative where in they are just an alternative for Bitcoin, well they are forked out of bitcoin's block chain. I don't understand why are you asking it as an advantage or disadvantage because for me, they are profit in the future.

I can not even remember all the altcoin names that exist because I've seen marketcap and so much and it's spreading in every exchange there. You can earn profits or losses when exchange. For myself I believe in them but few and almost all have been mentioned by you OP

Have u heard about Recoin? i purchased 700$ but planning to do more. what do u think about investment like this?

I believe the other cryptos in the eco-system all serve a purpose, thats not to say that they will have value, but they serve a purpose.

Instamined scam.

Original Ethereum.

Centralized bailout scam.

Silver to Bitcoin.

That's not even a cryptocurrency.

You are an idiot. Stop investing in shit that nobody uses/wants/needs.

99% of other (non-bitcoin) cryptocurrencies are obvious scams or jokes.

99% of those other (non-bitcoin) cryptocurrencies that are not obvious scams or jokes will probably turn out to be scams or failures in the long run.

As such, only 1 out of every 10,000 non-bitcoin cryptocurrencies have any hope of long term success.  If you think your favorite one is that 1 out of 10,000, then there is a 99.99% chance that you are wrong.


In most cases, that purpose is to separate fools from their money.

There are plenty of altcoins that are promising for next years. Ethereum, waves, stratis, litecoin, ethereum classic. These are all good ones to hold for next years. These upper class altcoins are much better than the new weak altcoins. They offer a bright future.

Most accurate and honest analyzation I've seen yet. There are way too many useless crytpo's being created on a monthly basis abusing the term decntralized and million dollar ICO's. Those money wolves just want to gain as much money by making up a cheap project (not even a business yet) and selling it to 'investors' (aka regular people who think they found the new bitcoin). You can't be sceptical enough in today's world, especially when it comes to finance.

I think it is good that there are other crypto currency that exists, for Bitcoin will have competitors. Although as far as I can see, bitcoin is still the one on the top, and I don't think that it will change. Bitcoin is the leading crypto currency.

I think the biggest advantage of these altcoins is that we can trade with them in online exchanges and in return we can get very good profits. Trading in digital currency is most safest and popular investment these days for those who know how to trade effectively. I think it is better for more good altcoins to come in the competition of price and volume.

I strongly believe in most of them, specially the ones that have a strong background, website, white paper, and support. From the ones mentioned above, XRP (Ripple) is quite interesting. There are many others that use the blockchain technology that have a very appealing idea of what the future beholds.

• Golem, for example, is a decentralized supercomputer that will allow user's machines to combine power around the world and compute any program you can think of.
• IOTA, is the perfect example for the "internet of things"
• Siacoin will let you save your files on someone else's computer on a decentralized future

All of these and many more have very interesting background to look into.

I think its better that there are more altcoins born everyday, some are scam and some are legit but the credit goes to bitcoin. The father of all cryptos.

There are numerous digital currencies that have been created after the introduction of Bitcoins. But all these currencies are new to digital world and have failed badly to get an edge over bitcoins. The biggest disadvantage for me is that for the most of time they are in dumping phase, leaving the investors distressed.

Now there are more than a thousand different crypto-currencies and their number is growing. On the market, they complement each other, so their existence must be welcomed. Depending on the support and demand, they have a different price. Some will continue to grow and develop, others will cease to exist after a certain time. These are the laws of the market. Without alternative crypto currency, one bitcoin would be difficult even for independent of its great rate. I think that you can earn on many crypto-currencies, however, it is preferable to store money in bitcoin and several basic altcoin.

Alt coins for me, is the experimental platform for Bitcoin. It would be too risky to experiment with different things on the

Bitcoin network, so we look at other Alt coins and what they are doing and use that to improve Bitcoin. Let's take SegWit as

an example : It was successful on LiteCoin and that made it easier for Bitcoin to consider it. Yes, consensus is still needed,

but Alt coins are the breeding ground for new innovation and new ideas.  ;D

There are so many crypto currencies that have a huge market and mostly those who have a market above 1000 btc are the ones good to invest in like ETH, DASH, Waves. ETC is another form of etherium and nobody even uses it while LTC can anytime drop and has had many fluctuations in the past.

I don't believe even BTC has a great future unlike others as it is not regulated or a firm/legal currency. Who know when it will be replaced next and there are ones holding for years. They will never be selling those coins making the ones in circulation even lesser.

Well, they are surely not as trusted as bitcoin but some of them are good enough, specially in trading. I think except for bitcoin, no other coin is used for storing in long term as no one believes they will have any bigger future except bitcoin. So people just buy them and then sell them when they go a little higher to get some profit out of them. Atleast that is how i see them.

I've heard these types of money on the market. But I have not used them, so I do not know about them. Those currencies are not as popular as bitcoin.

Of course I believe, and the altcoin you mentioned has its own advantages and disadvantages, if you want to benefit it depends on your accuracy to choose it

The only advantage that I see in them is investing in them. But yeah, many ICOs are popping up currently out of which a few have some real concepts and are actually delivering their promises, so I think they definitely have a future if everything is implemented wisely. Others like ETH and XMR are good for long term investments and can give us ~5x of our investments.

THey are second to Bitcoin. Period. Bitcoin is king and always will be. The only one which might be able to surpass it is Ethereum, based on the fact it allows for token creation for ICOs, etc. Otherwise it is all Bitcoin full steam.

Something interesting to note... I was watching a MArk Zuckerberg lecture and he said Friendster had the same problem Facebook did with connect friends to each other in terms of who interacts most... after a few magnitudes, it gets extremely tough. They perservered whereas Friendster did not, and here we are today.

What happens when we look for a solution for Bitcoin, yet it never comes or gets rejected? Well, then, another coin could take its place!

Yes, i think we should believe on other crypto currencies will be exist in future, and try to use them.
Sometime when i get time, then i do trading with them, but these crypto currencies not need to hold them for a long time.
Then it is difficult to earn profit from them, if you hold for a short time and suddenly you see the price is going to high then sell them, it is good for crypto currencies.

i think that some other crypto currencies like eth , riple and ltc have a good future .

MY favorite other currencies are Ethereum and Litecoin.
Why?
Ehtereum because it lets you create a token to give other for services, etc.
Litecoin because it is like the testing coin for Bitcoin, like Bitcoin's sister and also it is like silver (and of course BTC = gold).

Some have prospects, some don't. Some even die on arrival and end up caving away with investors fund. The most important thing is they are altcoins which I feel they at least make trading fun. I don't know how valuable they will become in future, but they are just behind bitcoin and they live on bitcoin and I am sure that is what they will keep doing.
One other thing is that some of them actually have some advantages in collecting funds (like ethereum) most especially for token collections and to me that is just it.

yes no doubt that there are a lot of other crypto currencies which have very good potential and their price can increase too much. although every crypto currency has their own road map but i think most of the people are using it for trading and investing purposes, i think most of the people are using bitcoin as their main currency but they are using other currencies as for investment and trading purposes.

I would like to mention DeepOnion, Community is growing and their wallet connects through TOR network, can it be more private than that?. There are others claiming to do the same but DeepOnion wallet works through TOR for messaging too, I have tried it.

I think they are a good investment. Their price are increasing faster and they are easier to mine.

They are also crypto-currencies just like bitcoin,but then they were introduced late in this world,so they are not popular just like that of bitcoin. Every thing and everyone is there for a reason and that reason includes both advantages and disadvantages. So yes, other crypto-currencies like dash,ethereum,litecoin etc do have advantages and disadvantages.And i guess i believe that crypto-currencies have a long time to be there for,so yeah, i believe in most of the crypto-currencies i am aware of.

Yes almost all the cryptocurrency users believe on the altcoins and mostly of them use them for trading purpose. Many popular altcoins are growing gradually as many users are using those altcoins for trading.

At the end of the road in the information age era, cryptocurrencies will replace or coexist with the fiat money so of course I'm investing in these coins too, not just bitcoin. It's true that bitcoin's price is so high and these coins are falling behind but in a year's time, this coins will grow too especially those coins that has a very promising potential and what can they offer in the real world. Functions versatility availability and security is still in question here that BTC earned in its years. Time can only tell and were all waiting. Stay tuned to updates, me and you.

I think that most of them are created for the good purposes and all of them are supporting bitcoin right now. Altcoins have their own strength and soon, when bitcoin becomes popular, altcoins will have more chance to be known by other people

I did some investment in Lisk LSK. I hope they are going to realese their platform as soon as possible. The java script is so popular right now (i.e. web developing) so that is the good point to think about. Ethereum is much different than LSK, there is space for both. That's why i "bet" on JavaScript at this moment.

I think that some like litecoin,litecoin ,ethereum and many others crpto currencies have a really good future because their qualities and that it is a really good reason to own other altcoins to trade with them and make profit.

From a long term investing view point (not a trader) I would keep most my money in Bitcoin, etherium, Litecoin, dash, and monero, (maybe Bitcoin cash) and occassional dip into a new or low priced altcoin looking to hit a homerun. 

Believing it it or not there makes no difference. What matters is if they have something to offer that cannot be offered by other cryptocurrencies.
If only one believes in the coin then there is no point. If there would be a lot of people that are convinced that the altcoin is worth something because
it has some sort of real life use, then that would make that altcoin worth something;.

If an altcoin does not have a real world use, it would have value only if it is being traded and speculated by many and is used for daily altcoin trades although those who have real world use is better to invest into. You are right that believing it or not makes no difference but somehow this believing and not believing has an impact on the market. There will always be a relation with the believing and not believing and real world usage of altcoins.

Other coins have their own advantage and they are the ones that makes trading possible because if not that, then there wont be need for all the exchange sites we have around and the crypto world will equally be boring. Imagine in the Fiat world, there is only one stock which means there wont be need for stock brokers as well as stock market itself in the first place. But the abundance of this makes all the above people or categories function.

I think the other crypticurrencies that exist will be known, just not right now but it will still exist even if there is no one using it unless it has been stop. Some other reasons are It will continue to exist for a long period of time cause someone will definitely try to use it and whats its value .

 Of course there are quite a few cryptocurrencies which are scam. but there some which can be trusted, and have potential to rise high. Btc is the mother of all coins as the market of altcoins are growing bigger so it is making the base of BTC  stronger.

Those are rare as this forum is full of greedy idiots that have very rudimentary understanding of any cryptocurrency. They just shill whatever they hold, regardless of whether it is actually worth something or not.

Marketing gimmick. Golem is useless/never asked for by the market.

IOTA is the perfect example of bullshit that gullible people like you fall for.

Why would someone want to do that? ::)

I'm familiar with just a few of altcoins because there are thousands of them nowadays. Imagine each month a new altcoin appears. But some of the altcoin you've mentioned above had existed long enough. I think they are worth investing too, some alt coins are good and some are just shit coins. Just check for comments and check the market first before investing.

There is one purpose to altcoins, it's for us to trade and increase our bitcoin holdings. :D

Also they are quite useful to hedge our investment in crypto land, bitcoin's value fluctuates a lot, we can balance that with altcoins.

I am not sure about Ripple, but I believe that ETH, Dash, Stratis, Waves are important to have.

I was thinking the same. In the end there will be only one.

I do believe in other cryptos and they have quite a few advantages that have been created on bitcoins foundation
for example monero(XMR) now is popular for its privacy which does not require the need of using a tumbler like we do with btc
Ethereum not so different from bitcoin but has a faster block times which has made it popular and given it an advantage to be a contender of being the top cryptocurrency

Those coins you do mention are those coins who are on top of coinmarketcap and if you do really see deeply they are not the only ones and there is already a thousand of coins and most of them are dead or shit coins. The coins you do mention do really have their advantage and disadvantages too. Which people or investors do still engage with it because we do able to see the potential.

I do believe in some of them and think that they will provide the edge that they have over BTC. One example of these altcoins that I promote is Waves. Its wallet has its own Decentralized Exchange and it can create token within it. The development for this coin is still on going and the community for it is getting bigger day by day. You could check their White Paper for the technical part of this project.

ETHEREUM  and XRP  and Dash are good to compete with BTC,  about ETC , i don't think it has a good future.
LTC is a simple clone of BTC, to me it's a shitcoin .Nearly no developments for years, why does it still in top 5?I don't understand.

Probably because the chart is always stable and has investor confidence this makes the coin still survive.

One correct answer out of the ton of garbled nonsense spread by idiots in this section.

ETH, Dash and Waves are all useless, instamined or outright scams (or all 3). Stratis gets a passing mark.

None of those compete with BTC. Are you stupid? XRP is not even a cryptocurrency.

LTC has better code than ETH and DASH combined as it incorporates the latest Bitcoin Core code. ::)

REcoin launched bounty campaign and I'm less afraid that this coin is SCAM. I have recently registred to campaign, and I advise you to do the same.

Its fine in my opinion , because it has own advantages such a trading , you can trade alts for btc which is quite profitable right now , the disadvantages is most of them probably shitcoins and it will ended up as a scam and it will cause bad problem for traders ,better use othet alts if necessary

Trust me, some of them will grow stronger than Bitcoin, it's a nature choice world.Bitcoin could not be the no.1 for ever.

Yes i believe on the all the coins you've mentioned. I know some of them will pump just like bitcoin. I like ETH, RIPPLE, DOGE, Waves and clam coz i know one day they will make me rich.

Some altcoins will become giants in the future. BTC also needs competitors to make itself better. That the nature environment of crypto.

If you see in to trading  it is not surprising that you are going to support such alternative coin for you to trade in. Because actually all coins have a chance to develop and to experience progress and growth. But actually if you are going to consider on having Bitcoin as a form of your transaction you should also think the way on having an option for you to used on and that is the main goal of altcoin to help and to provide option for users to choose on. And of course in the platform of trading.

Well, I think it always depends on the devs of a particular coin if his plans and motives capture the needs of the enthusiasts or even investors see a potential in it then it will soon follow the steps of Bitcoin. If we invested into a particular coin then we believe in it. The advantages would be a huge profit from it since we invested since it's price is low therefore we only need smaller capital to invest and the disadvantages are the sudden crash of the price and no available local merchants for the said coin to accept as mode of payment.

There are an insane amount of altcheoins out there and a lot of them have little use in the real world, there are some good ones out there which might at some point rival bitcoin.

You may forget, everyone who will invest them do research first, but in the world of crypto there is a loss in the bet. So if you do not believe you do not invest

In my opinion, I think that they also have the chance to reach the stage that bitcoin is in, especially ethereum and dash. I believe and have hope that these projects will go big within period of a few years.

I only believe in some crypto like eth,waves,ltc,dash,doge but the others is just like a normal coin but this coin has a future to became the next huge currencies

I think if the profit we get is better for trading, :)
especially now that many new coins are on the rise, :)
let alone ethereum, waves, litecoin and others have become part of traders and miners

yes I do believe in them, many good projects are under other crypto currencies. Some crypto currencies are also good investments but be very careful, some are scams, better do research before investing. And also another reason for believing in other crypto currencies is that they offer services that bitcoin doesn't offer. Crypto currencies has it own advantages and disadvantages you just need to know or use them according to what you need.

There are lots of advantages in having cryptos. They have specific objectives depending on their project and if we got that successful tojen. We have the privileged to have says on that project.

Agree with that and I believe one of that crypto will be famous as bitcoin soon . And yet there will be no thrill if bitcoin would be the only coin that has possibility to be the number it is much better if he has a competitors.

Many new curve cryptoes provide investors with benefits for now. So my opinion about kripto kurensi it's always upsetting to give the best for all ...

Some days I hope the Internet and its cryptocash could use a good hard reset or a great Tsunami.
So much marketing nonsense and surrounded by useless ICO. Informationcrap overload.
You need to filter your filter that filters your filter....

On a day to day basis crypto is far from integrated in day to day live. Just ask a parent of a random crypto nerd if tehy use it. The current monetary system needs a kick in the ass.
So I do hope a few decentralized non ICO cryptos will stay and the real innovations will be  in 2nd layer or 3rd layer  apps development.

Ooh and very cheap hardware wallets <10$ , so the rest of the poor world (no bank accounts) will be integrated as well.  

 

btc is the belief in some sense, but it doesnt solve real prolems, many altcoins can help to change the traditional instruction, there is need for existence

Yeah altcoins were created for a reason. If they survive their ICO then definitely it might have a potential to be known in exchangers as well it's project to be identified. It might have a good outcome and use after its project developed.

i am believe with those coins because for me, that coins until now can help me to earn more bitcoin although the price now is down but i am sure in the next time, the price will rise again. actually i don't really know about the advantages and disadvantages with that coins, maybe later i will read everything about the project.

I think there is a lot of cryptos with projects better or equal the bitcoin, like the ethereum for example, but anyone of this have the adoption like the bitcoin, the support of programmers and customers in the coin, and the most of this other cryptocurrencies are only used for especulation.

I think they would develop their market by different ways.
more coin,more way to made the world more good.

yes as you point out, for DASH, ETC, ETHEREUM, BCC. I think they can really benefit other than btc. Why you should doubt their development is quite skyrocketing, you see from the market how they market their coins. And some of the coins above sekang become the fierce conversation in this forum.