Bitcoin Forum

As we all know that bitcoin is the king of the crypto universe because it is the first and original cypto currency, and it is undeniably responsible for the invention of blockchain technology, because of the discovery of blockchain technology which is the main reason of the growth of the alternative coins, altcoins are generally defined as “bitcoin alternative."

Bitcoin is more suitable for the title “The origin of crypto” rather than “King” of crypto because not all alts are going to bow down to bitcoin. Ethereum is one of the example and the centralized coins in the market. Although all alts are the alternative of bitcoin but it doesnt mean that all alts are going to be attached on bitcoin. Anyway i dont understand what is your point on this topic. :)

Look at alternatives to blockchain. Gold and Silver which can be used for payments. In 2012, there were lots of internet talks "Buy 1 ounce Silver. End the Fed"

Forex trading is $4,000,000,000,000 per day transactions (US Dollar, Euro, UK Pound, Chinese Yuan, Japanese Yen). That is the reason Central Banks are stopping banks from supporting Bitcoin transactions.

Andreas Antonopoulos describes Bitcoin as the Internet of money.
The other main coin like Litecoin, Dash, ZEC, XMR, ETH, all ride along depending on what your use objective is.

Yeah some guy started the smart contracting idea and there you go rest of the people followed to use it and they created the altcoins!  ;)

They are just half of the bitcoin i believe because they were created after the bitcoin and with the same blockchain on which BTC already existed. So looking at the whole time history it seems that people have managed to create the cloned copies of BTC and nothing else.

Yes, bitcoin is undeniably the king of crypto currency. It is number ome for a reason. Bitcoin alternative or more known as altcoin are in some way still a copy of bitcoin. Regardless of the purpose of the coin. Litecoin, ethereum, dash maybe faster or more useful since they have smart contract but nothing beats the original.

Being the first crypto currency bitcoin establish its price and position in the market, and all other alts that alternative of bitcoin follow this trend of market, however not all alts can follow the lead as where is bitcoin for now, in order to follow bitcoins trend alts must have a good project and good market uses in oder to people to support it.

I agree, now bitcoin is really the first cryptocurrency. So, there is a historical. But bitcoin technology is already outdated. Need other, more new coins. And there are coins. Ripple or NEM can replace bitcoin in the future.

Hello! I think the topic is slightly misunderstood. Indeed, Bitcoin is the first virtual currency but has its own blockchain. Subsequent Altcoins have different utilities, each with its own blockchain. It's like we say ... ok, the first car in the series is Ford. The other ones that appear after are a cheap copy and would not be worth considering. Totally wrong! In my opinion, any trader or investor can profit from any type of cryptocurrency not only using Bitcoin.

for the millionth time bitcoin is not big because it was first. bitcoin is big because it is useful. it IS a decentralized currency meaning it is what its supposed to be but the rest are NOT what they promise to be so they never become big.

there is not much of an altcoin growth going on. their prices may go up and down and be misleading but they are not growing the price is just speculation it is usage that matters and they have none.

they are referred to as "alternatives" because they are created so that you can earn more bitcoin when you trade them.

well yes, but it doesn't mean that the projects that will be built on blockchain and will have their own currency can't exceed bitcoin in very near future. Let's see what happens when coins like ethereum grow even more

Not all altcoins are only made for earning Bitcoin some of them are useful. For me they're called alternatives because they have similar things with Bitcoin like the confimations, mining, address, fees and many more.

People still use altcoins from time to time it's not all about speculation.The most used altcoin right now imo is Ethereum because of the erc20 tokens that's why it's up there next to Bitcoin.

Bitcoin is really the king of cryptocurrency world and even Ethereum bows down to bitcoin. If you noticed that during the price crash of bitcoin the ethereum market also crash down.  This is not only happening to Ethereum but to all alternative coins in the crypto market. This is inevitable and the truth about bitcoin. Though in the future we will not know if there will be cryptocurrency that will overcome bitcoin.

Bitcoin is the "grandfather" of all crypto-currencies or altcoins. Itэs so called, because it is created on the Blockchain 1.0 platform.
The next generation was Ethereum, which is the representative of the Blockchain 2.0, because contains smart contracts.
Currently, many crypto projects are developing Blockchain 3.0, which covers more aspects of the mankind's social life.

Alternative coins by bitcoin there is a huge amount, and therefore it is the choice of each in which coin to invest, just bitcoin is more popular and common

Yes indeed. If Bitcoin rises, same goes with altcoins, and if it drops, all other coins will do the same. Bitcoin is inversely proportional with altcoins. So, if you're planning in investing, you should invest to both.

See each and every coin has its own philosophy at its core. The core principle of Bitcoin is all about providing a better fund transfer platform as compared to that of the traditional way of doing it. Similarly, Ethereum has come up with the solution of a trust issue with the concept of smart contracts. Every other coin has its own set of solutions and it depends on the growth and response from the society that will determine the dominating alt-coin in the market. However, I am bullish on Bitcoin and then Ethereum considering the challenges in which these coins are dealing.

Bitcoins is the number one disputed king and always will be you should stick to it. Alts are a product that sold with bitcoins name but it is nothing like bitcoin, it is completely manipulated and people should avoid it. The reason is people think they're getting cheap bitcoins but they're not. Look there's a case coming up against rogers for misseling Bch.

That is a very obvious thing. Bitcoin was first to be invented in the crypto market and it rocked the market like anything. Bitcoin has been the ruling power since the very beginning. So naturally people will follow it or rather copy it, I'd say!

This is  because alt coins value depends on the bitcoin. It is an index currency for this market.

All the altcoins that are created have just been remained as its alternatives and none of them can really stand up to its value and match up its level. But this is what everyone knows and I don't see the purpose of you starting such a thread.

In the investment world, 10 times profit in 12 years is OK.

Bitcoin has gone up 10 times is 2 years and now it needs $9,000 to buy one Bitcoin. It's the dead end for Bitcoin and only traders cartel are saving their gambling business because now there are 80% less searches for Bitcoin in google/search engines.

Being the first crypto currency bitcoin establish its price and position in the market, and all other alts that alternative of bitcoin follow this trend of market.
But bitcoin technology is already outdated. Need other, more new coins. And there are coins. Ripple or NEM can replace bitcoin in the future.

Honestly I don't understand your point, what is the point of this topic?
Yes bitcoin is the first digital currency and the king of crypto, the popularity of bitcoin was so huge. Other crypto coins are called altcoins or alternative coin. Not all altcoins are depend on bitcoin there's a coin are not,  like ethereum, ETH is the second of bitcoin that had good performance in the market and the world of crypto.

Bitcoin definetely is the first and foremost cryptocurrency and the foundational basis of blockchain technology. And since then, many more new cryptocurrencies have emerged out. Now calling them alternative to bitcoin might not be fare. Yes bitcoin was the first one, but whatever came afterwards cannot simply be termed as alternative. An alternative is normally a cheaper or same valued equivalent of a thing. While this is not the case here.

Newer cryptocurrencies didnt just mimic bitcoin. They came with quite a few modifications. With new features, be it security, or transaction time. Cryptocurency market have evolved allot since the advent of bitcoin and with newer and better modifications, the so called alternate currencies are gaining a good market share.

I think new Coins can be More powerful and useful Maybe it belongs to bitcoin,in that way: it can represent newer technology and safety and options for people, and it can be more usefule and prescious for cryptocurrency's world!

your opinion is very precise and I agree that it is proof that bitcoin is the pioneer of cryptocurrency is that although bitcoin is reported to be very bad but bitcoin remains the best in crypto currency and more and more enthusiasts want to invest

the "technology" is the same, basically. it is just a different way of using the same technology that creates different altcoins. otherwise there aren't really any fundamental differences between them. and of course we always have the copycats which aren't even worth talking about.
in any case different doesn't necessarily make them "better" as many people want to convince others.

Bitcoin can help us gaining profit for our sideline or full time job and with that we can benefit much with this bitcoin because in reality we need money as source of living and with that we will find ways to gain money as well. It is very useful to have a bitcoin for our daily needs especially we are in need of money. Bitcoin is a powerful and useful that can leads the society to be productive and progressive.

Actually I do not understand about your topic. Can you say clearer? Laugh

Bitcoin in crypto-industry is like gold among other metals. At bitcoin, there will always be demand, as well as gold. It is possible that someday appear crypto more expensive than bitcoin.

yes, nowadays a lot of people who preach bitcoin bad, and although currently bitcoin the price down is still a lot of people who want to invest in it, and in fact this becomes an opportunity for us to buy and keep it for us hold for a long time, so I expecting bitcoin will soon raise its price again.

Compared with BTC, I am more willing to invest in altcoin, because the increase of altcoin is much larger than that of BTC. The earnings yield is also higher.

That's right. Alternative coins also known as Altcoin originated to the first coin or the "king" of the crypto currency called BITCOIN. I'm willing to invest Altcoin for my future and by the use of these crypto currencies I want to ivest house and I want to explore the world.

True!  and i am still amaze with it, how God gave wisdom of man to create such digital money which is in tune with our advance technology. The creation of Bitcoin itself was the start to move the evolution of money... from Fiat to Crypto currencies.

Bitcoin alternative as it is? that's why it is called an "ALTcoin" = Alternative coin.

And it's funny to see some altcoins claiming that they can overtake, replace and outsmart bitcoin.

Most of the new altcoins, there are also some of it from the past that do believes that they can remove bitcoin from its current place. And right now, they are tanking while bitcoin looks starting to get into the bull run.

Bitcoin is undeniably the king of crypto currency. This is number one for a reason. Alternative Bitcoin or better known as altcoin in some ways is still a copy of bitcoin.

really, bitcoin can not be called a king, bitcoin is just a coin that becomes the origin of another altcoin. anyone can be king, if defined into the real world "he is strong, he is king", maybe for now the bitcoin that rule but does not close the possibility altcoin will also beat bitcoin

 If you want to invest then the top 5 or 10 currencies right now are probably your safest bet. Ethereum has established a brand by now and has a working product. That is not the case for most altcoins right now. Ripple is also one of the few projects that has a working product that has been adopted by Santander bank and currently tested by Western Union that also plans to use their product.
 If you are looking for something that is similar in functionality then Litecon is as close as you can get. It is created as a digital currency, just like Bitcoin but has faster and cheaper transactions. I know many people will also mention Bitcoin Cash here but I would avoid that at all costs. These people are trying to convince users that Bcash is actually Bitcoin. That is not the case. Bcash is a fork of Bitcoin, nothing more.

Bitcoin is both the origin and the king of the crypto world. ETH, though a coin was created to replace Bitcoin's defects, was not well-known enough to replace Bitcoin. ETH and other altcoins will forever be unable to overcome Bitcoin

2018 will be year for 5 major coins.

Ethereum
Litecoin
Ripple
IOTA
Bitcoin Cash
These 5 coins will be market leaders including bitcoin. Bitcoin is not going fade away in 2018.

Also don't focus on any single altcoin, its a volatile market, any thing can happen any time. Hence divide your investment in multiple altcoins.

So when we say bitcoin will be gone, it has a very less chance. Since bitcoin is the first and the origin of all other alternative coins. So other coins will not be here if not because of bitcoin.

Bitcoin is the original cryptocurrency and etherium,litecoin and dash are alternatives of bitcoin nut no one can replace bitcoin and bitcoin price. when blockchain technology is come then its first priority coin was bitcoin then other coins also peoples are purchasing other Altocoins with bitcoin, market supply and demand is more for bitcoin rather then other coins

The main reason of growing of currencies that are called alternative cryptocurrencies is the success of their project, but more than that, the reason is the demand, that are created with the people who are willing to buy those tokens.

Bitcoin is indeed the origin and model of all cryptocurrencies that are popping like mushrooms on the market. If bitcoin was a failed project then no altcoins will be made after bitcoin thus bitcoin is the king and father of all altcoins in the crypto universe. Other coins are called alternative coins because the ultimate coin is bitcoin and other coins are just substitute or next in rank.

Bitcoin is best. You also can use other altcoin based on you needs.

Ethereum, Litecoin, Ripple, IOTA this are the market leader. You can use any of them. But i suggest you to go with the btc. Its best.

Bitcoin is  the king of crypto currency and its  number 1. Other altcoin is nothing but a demo of btc.

Undoubtedly btc is more successful tha other cryptos. Check the web and go for the best. 

Btc is the boss. It will be boss. I suggest you to go with the flow. Although you can analyse the market and take better decision.

   Today, bitcoin occupies a dominant position in the market of crypto-currencies, but this does not mean that it is single and indispensable. Only in the last year the number of altcoys has increased tens of times and among the newly appeared coins there are several applicants who in the future will be able to displace the first crypto currency from the top. In this article, we will consider alternatives to bitcoin, which have all the chances to break into the top of the "crypto-blockchain".
   Examples can be seen Coinmarketcap Top 10-20 https://coinmarketcap.com

Bitcoin is the origin of crypto rather than “King” of crypto because it is the first digital cryptocurrency created  bitcoin.. Although all alts are the alternative of bitcoin but it doesnt mean that all alts are going to be attached on bitcoin but it's the same crypto market business.

Bitcoin is world first digital decentralised currency. After seeing the success of it many other cryptocurrency are comes into the market. They are known as Altcoin ex-Ethereum, Ripple, dash, litecoin. Their are based on the same concept as bitcoin. They are differ from bitcoin on the basis of their price. Bitcoin has higher price then that of Altcoins. Bitcoin is also accepted in many country in comparison then and it has also larger user numbers and user platform then that of other cryptocurrency. Bitcoin are more trusted then that of Altcoins.

Bitcoin is the King of crypto or the mothercoin becuse it was the first coin which was created as virtual/ digital currency. There are many others which are far better than bitcoin now in tech, speed and safety but they can't compete with bitcoin because Bitcoin has dominance over market. All altcoins are bought with bitcoin because fiat to crypto trading is not yet so popular in whole world except few countries. When that dominance ends, we might see some bitcoin alternatives popping out.

Bitcoin is the father and boss of all the cryptocurrencies. It has been the backbone on cryptocurrencies and this has led to the creation more currencies into the crypto world. Bitcoin indeed is a legend as far as crypto is concern.

true, altcoin is just as an alternative coin.
people are still more trusting bitcoin than altcoin, but make no mistake altcoin can make you rich in an instant if you invest with the right altcoin. for example follow ICO and coin success in the market touched a high price.

As you say bitcoin is the king of all crypto coins. Without bitcoin the survival of crypto currency will face many problems.

Not all altcoyins are designed to replace or alternatively Bitcoin.

Bitcoin will dominate the market for a very long time, therefore in the formation of the price of altcoin, the cost of Bitcoin is taken into account, then it is corrected depending on the altcoin.

Btc is the king.

Btc is the boss. ETH have strong potential.

ETH will be a good competitor of btc.

Bitcoin and Bitcoin alternative both are based on the same concept as bitcoin. Both bitcoin and Altcoin runs on a complex algorithm, which is quite difficult to understand. Both are run under the support of blockchain technology. It is one kind of public ledger where a its transactions are record. Cryptocurrency mainly use for investment purposes and for money transaction related uses like online shopping, payment, booking of hotels, flights etc. Some other advantages of cryptocurrency are they cannot be duplicate and they can use anywhere anytime.

There are many alternatives, but the most important bitcoin is for us. Her follower, Ethereum. We all have certain investments in particular coins, but which one is supposed to surprise us. We will not just wait and follow this time

Bitcoin caught mainstream attention when it grew from below $1,000 to nearly $20,000 in 2017. It not only gave tremendous profits to its investors but also opened the gates for numerous other cryptocurrencies.
Many of these cryptocurrencies have also performed extremely well in the past and perhaps provide a good Bitcoin alternative. In fact, some currencies like Litecoin and Ethereum have given returns of more than 12000% in 2017!
Undoubtedly, Bitcoin is still the king of cryptocurrencies but there are many Bitcoin competitors out there which are worth exploring as Bitcoin alternative.

Yes bitcoin is the epitome of what's called cryptocurrency today and since it leading in it's blockchain system, a lot of other bitcoin alternatives have we seen in the market trying to surpass what great bitcoin has done but still yet they can't and won't beat bitcoin.

I do not think there is any Altcoin trying to surpass the bitcoin,infact there is no alt close to doing that in no certain terms.
Price,volume,stability etc the bitcoin is more reliable in all that and many more.
Most Altcoins are just shipped out and more often than not end up being one shitcoin or the other,only very few are worthwhile,for example the ethereum.
We'll never see an Altcoin surpassing the bitcoin,at least not at this moment

bitcoin is pure crypto that can be used as a primary payment tool if crypto is accepted as a means of payment. everyone will only focus on bitcoin, not alternative bitcoin. others are just supporters.

many projects and altcoins will continue to arrive using the blockchain system. with the various innovations they bring, it will be a good alternative for bitcoin, but the king can be replaced? while "The origin of crypto" will continue to be attached to bitcoin

no the king will always be the king and it cant be replaced by any other alternatives  .  even if we say that altcoin have a more better projects compared to btc , many people will still stick to btc because it is the original crypto and also btc is the only popular crypto that is already accepted anywhere whether online or offline .

do you think the king will continue to be king? even in real life the king will definitely be replaced with someone else who is younger, and the era will also change, let alone technology? of course it will be far more advanced, I know that bitcoin is the king now, but it is very likely to be replaced someday? but the origin of crypto will always be in bitcoin

alternative bitcoin can invest in gold or we can altcoin or indodax like trading and the results are satisfactory not like bitcoin in general, that is my suggestion and it is useful and just in case

I agree that bitcoin is the leader in the market and he will always be the leader in bitcoin there is no alternative as he is the founder of the industry and all altcoins are parallel technologies and each is different from each other.

Yes, of course, remember that bitcoin is based on the technology of the blockchain, so by definition there will be different technologies that use it too, we call alts to the others simply because bitcoin was the first decentralized coin, but that does not take away any value, there are very good coins such as dash or ripple that are always on the lookout for the throne of btc.

That's true but some of them differentiate from BTC with their function and use case. BTC is the first and the biggest coin right now.

I think Litecoin can be considered an alternative to Bitcoin. Litecoin is much less popular than Bitcoin, but I think Laitcoin is a good alternative.

yes right bitcoin and altcoin are some of the names of coins in cryptocorency I prefer to trade on altcoin because the price is cheap and very good for profit

Bitcoin is the first of it's kind and bet it won't always be the king forever ,its the big daddy of cryptocurrency ,father of them all but the king tittle won't last forver as altcoin will snatch that away someday ,blockchain is the best thing to ever happen to this century and I'm sure its just the beginning to a wonderful digital world

Bitcoin alternatives are the same as bitcoin that is why when bitcoin market price increase these alternatives will be affected also and it will eventually follow and will going to have an increase also. THe good thing about this alternative coins is that they can make a huge market price increase than bitcoin. However, it will goes the same when it will going to fall down. This would be risky if you do not have that much knowledge about bitcoin alternatives crypto.

alternative bitcoin?
What do you mean is an altcoin?
bitcoin is indeed the first crypto currency and until now bitcoin continues to be the most popular and most valuable. other altcoins are only sweeteners and supplements.

altcoins will and should die...then the price of btc will go up

Bitcoin is growing because of the internet that is used for transactions when online. An alternative Bitcoin that has my mind is an alternative coin that is present because bitcoin exists. So bitcoin is the main coin that can grow and give space to existing altcoins.

I can understand what you've said will die. But I can't understand "should" part. Why they should die?

If you say there are too much altcoins and most of it shit ones. But not all of them is shit. There are a lot of good project and coin (or token) in market. Bitcoin is one of the greatest but not only one. I like also Ethereum for example.

Please be careful a bit. It is not right thing you say!

No wonder if in the end bitcoin is often mentioned as the parent/pioneer of cryptocurrency. But based on its original purpose, the alternative bitcoin was created as a cryptocurrency that would correct the deficiencies that exist in bitcoin, such as slow transactions, high transaction costs to be incurred, and other shortcomings. Even when experts/investors analyze, not a few of them are using bitcoin as a benchmark for Alt-Coin's growth.