Bitcoin Forum

Altcoins possess much of the same applicability of Bitcoin but many offer something else as well. Some of them are faster, some are more anonymous, some provide better investment options, some are more volatile and thus are more advantageous in terms of trading.
I have high regards that Altcoins surely outpass Bitcoins in many ways. What do you think guys?

other than the expensiveness of the coin, altcoins provide a specific purpose for their coin. For example, LYMPO uses their token to monetize your fitness goals and reward you with LYM tokens, Ripple is a banking support platform mainly about growing projects and long term investments. Do you get where i'm getting at? Altcoins are crypto that are different from each other, making them "alternates" or "variants" for bitcoin.

 

Bitcoin is the market leader. That’s why altcoin follow bitcoin but bitcoin don’t follow altcoin and it also depends on the projects position in the market. If they are good in the market then they will declare offer.

Altcoin was created with alternating innovations, revolving around Bitcoin that will still shine in the future.

I don't think altcoin will surpass BTC.
Because the status of BTC has been recognized by many countries, most of the time, different altcoin can bring changes in different fields.

Bitcoin is the oldest and first coin, almost all new altcoins are better than him, but bitcoin has one advantage with which so far no other coin can compare, it's safety.

Yes! Altcoins have many offer than bitcoin. You cannot stick investing in bitcoin. The more altcoin you are investing the more earnings you will receive.

Bitcoin is just a cryptocurrency which is used to send it to anyone without being worried about any middleman. But their are many altcoins and they offers a lot of different functionalities. Like Ethereum is a dApp building platform and has it's own coin, and there are many utility tokens, security coin and a lot more different altcoins providing various functionalities.

Yes, many altcoins have better features and advanced technologies compared to Bitcoin. But I think BTC is not going to be replaced as #1 because it has the name.

If it surpassed bitcoin in so many ways you are forgetting of one thing and that is the market cap.

Bitcoin is still the most in demand coin so that can never be surpassed, these coins are all came into one idea and they are just upgrading or adding some features that bitcoin doesn't have. But it will never change the real thing that bitcoin is still the best and has the biggest market cap.

Here to learn about it all.  However,  I will give it to Bitcoin anyway. 

Altcoins have some greater benefit apart from long term investment. Some are faster in transaction , give high trading profit.  Some are used as cryptobanks, some for particular payment for specific areas like travels, hotel and accommodation etc just like trippki.

In some perspective alt coins gives better facilities than btc also there is stable price and there is also better investment for trading also in some perspective better fees and way is better than btc based on this everything has their own characteristics where alt coin also have also in some case they are giving more advantage.

Bitcoin is still base currency for trading for most of the coins and it will always have advantage of being first crypto also it's founder is anonymous which add more credibility to the coin.

Basically many people think altcoins as just copy cat of bitcoin which used to be true before but these days most of the altcoins are just tokens based on either ETH or other smart contract platforms which is completely different type than true crypto.

Only few altcoins offer more than what bitcoin can.

Altcoins are very diverse and they were purposefully created for specific functions, but they follow the Bitcoin. 

From the technical reasons and they are all have surpassed the bitcoin but remember that's not the main purpose of bitcoin. Satoshi nakamoto was created the bitcoin to be the future digital payment system, but it has a very good advantage to store our value rather than altcoin bitcoin has adopted widely.

Come on, everyone knows that USD has even bigger cap than BTC, but still all crypto-enthusiasts here believe that crypto will one day replace fiat. Isn't it wierd and doesn't it sound unrealistic? Yes, it actually does. But we all believe in this at the bottom of our hearts. So what does stop you from believing that some altcoin will one day replace BTC?

First of all Altcoins offer much bigger volatility than Bitcoin.
So you can gain (or loose) much more money with Altcoin speculations.

Altcoin? Alternative coming from the word altered, which means different. Altcoins will aim what Bitcoin doesn't have yet in order to fulfill uniqueness. Where it can guarantee  investors because on how it is different from Bitcoin. This is the reason of the existence of every single ICOs out there. It is to be different. There are some foolish investors that thinks that that altcoin is still applicable to be an existing coin in the market.

There's so many alternative coins running in the market and each coin have their own purpose as concept of its project while Bitcoin was already established its fame and popularity, however if we combine all altcoins , l think you're correct , it will outpass BTC someday .

do not get too hooked on the ICO project that gives you all the convenience, with promising variations for the future of blockchain, especially if they do not have relevant evidence to develop, choose one that has a focus on one goal.

indeed if we see of the feature then bitcoin does not have the advantages possessed by altcoin. but if we think about decentralization then bitcoin has qualified and bitcoin is the forerunner of all altcoin. may be the main question is, whether bitcoin should have features or advantages of altcoin? I do not think so.

I see altcoins are giving more profit these days. They are having low values and you can make more investment in terms quantities of the coin. I mean look at the math here. When you invest your thousand dollars in the bitcoin then you get specific amount of satoshi's and when the spiking occurs for the bitcoin then the interest that you get in return is very less as the value is giant for the bitcoin. When same thing is done for the altcoins then you can get numerous quantity of the altcoin itself and when they hike then your ROI increases as well. So I believe that altcoins are better investment than the bitcoin.

Altcoins are discovered after the success of Bitcoin. Altcoin are made on the concept of Bitcoin. Altcoin are made to cover the disadvantage of Bitcoin. There are some bitcoin have the potential to overcome the popularity and profit of Bitcoin. Altcoin offer better money transaction facility then Bitcoin. Altcoin clear more transaction then Bitcoin with fast processing then Bitcoin. Altcoin is more stable the bitcoin. Altcoin price is less influence.  So many investors choose altcoins for long term investment.  :)

Bitcoin is one only and the true leader and the altcoins do have options unlike with single bitcoin but still they cannot beat bitcoin alone. You can earn altcoins multiple like a two or so and this is the diffrence

The emergence of new crypto-currencies created a competitive environment in the virtual money market, and this contributed to its promotion and development. To advantageously stand out among their competitors, developers try to add unique properties and good potential to their crypto-currencies.

Totally different utility. Bitcoin is a ledger in away, to be used as a currency. There are many other blockchains to be used for different purposes, and altcoins that are not currencies but utility tokens, that perform a function in a network (or power a dApp for example). Many of this projects could potentially change the world as we know it.

yes altcoin will be used more transact than bitcoin because bitcoin is getting expensive and blockchain gets denser making it slower to transact, altcoin is very much with their respective features and bitcoin will still be BTC king as the value of the required asset

Yes there are features that altcoin offer that btc cannot offer like many tokens from ICO offer various different utilities to public.But btc is not going to be replaced in future due to being crypto pioneer and it has built the faith and technology over these years.

The diversity of altcoin can be a bitcoin enhancer but I see that bitcoin is the mother of all altcoins that can affect the price. And this has become a vast field in the application of blockchain technology.

many people began switching to altcoin. even the new investors also choose more altcoin than the bitcoin. the main problem is certainly the bitcoin is already too expensive. bitcoin development and indeed the price is very good, but of course, this can only be enjoyed great results by investors that also have large capital.

You are getting out of the topic and I never said that bitcoin will replace fiat on this thread.

We are talking about USD and bitcoin here so how come that USD came into the discussion, is it a crypto now too?

I don't really think that there will be as of the moment.

Actually new investors cannot decide about where to invest as they are new here and the market is full of numerous coins but not all are good. Bitcoin is the first coin in the market and is doing good continuously over the years.it has stability as well as reliability than any other coins operating in the market.

Alternative currency is an option to what bitcoins can't offer. altcoins are the utilities that power blockchain more than bitcoins. Bitcoins with its scalability problem can't fulfilled some purposes that some alt coins are now offering

First and foremost, altcoins is way cheaper compared to btc that's worth thousand of bucks. Investors are just being practical. Fee is also cheaper and faster. I also saw in one thread that for him/her altcoin trading is more profitable as that guy makes more profit on altcoin trading. Well, I agree with that since I believe, high risk, high profit in return.

which I know with altcoin we can choose because in altcoin many options we can  invest in promising altcoin or we invest in the long term and so bitcoin is very expensive and many people prefer to invest in Altcoin because some altcoin have good growth and can be profitable in the near future
 

Altcoins are quite different. Different functions, different histories and different futures. Here are some of them:

DOGE - who knows not about Dogecoin - started as a joke and now it's one of the most famos ones
LTC - Litecoin is an alternative to Bitcoin - faster transaction but not so implemented like Bitcoin
BNB - coin from Binance and used on it's exchange. Big rise in value since ICO in 2017
...
can be continued, there are so many.

So you can choose your favourite one.  ;)

Speaking of the first cryptocurrency that has been deployed in the market, it is also the most exposed cryptocurrency all over the world, that is why bitcoin's market is very active.

In my opinion, In some perspectives, altcoins provide better facilities than BTC there is also a stable price,
and there is also better investment for trading as well in some better cost perspective and provide high trading advantages.

Bitcoin was the first one but now many altcoins would be much better to use for real day to day transakrions. Much faster speed and much lower fees making some alts much more attractive then bitcoin.

Some of the alt coin provide a better feature than bitcoin from one side, there are no alt coins that got better features than bitcoin completely, and bitcoin got a huge support and the popularity, there are too many alt coins that appear so it weakened the alt coin itself, and it become easier to be manipulated, that is also become the reason that alt coins is more profitable than bitcoin in trading, but without real adoption alt coin won't able to compete with bitcoin

Bitcoin and altcoin both are doing very well and people are getting attracted towards these two day by day. However, different altcoins have different features which bitcoin lacks and what bitcoin has, none of these got in themselves. Bitcoin is considered to be the king of crypto currency.

I think the best thing altcoin has is that the price is still very cheap and affordable, altcoin also has more supply than Bitcoin, I'm sure altcoin will go beyond bitcoin, but it takes a very long time.

Some new altcoins may exceed Bitcoin in many ways. But! 99% of them are all just on paper and they do not have what Bitcoin has - the time that he went through. Therefore at the moment I think there are no direct competitors yet

it has long been clear and known that bitcoin is inferior to many altcoins, but this is the source of which will always be, I hope it will not be so important, and all coins will be equivalent and not depend on each other

Your analysis is correct. In today's payment, cryptocurrencies have gone beyond Bitcoin, but their shortcomings are also very obvious. They can only be used for certain kinds of transactions, and Bitcoin can be widely used in daily life. !

Bitcoin is the king, that's why he is first.
But like kings, bitcoin will finish to die and let his throne to an other.

I think the right altcoins can offer more in terms of profitability than bitcoin would in the long term. an outcoin with a value $0.1 that becomes $1 is a 10 folds increase, I dont think we are going to see 10 folds increase in bitcoin anytime soon.

lol at people drinking the cool aid here

there are serious trade off's for any project that improves on certain areas of btc.........there are zero alts with clear advantages without clear disadvantages

btc is not primitive it is merely calculated in its simplicity for maximum impact in the most important areas

Bitcoin is the first cryptocurrency and it established and is dominated by a large number of people and will remain the best crypto and altcoin are created to cover the disadvantages of bitcoin because in terms of transaction speed and fee, altcoins are better, they have specific functions according to their importance, they offer more volatility than bitcoin, they give more profit on long term investment than bitcoin because they are cheaper. I think it is only when all altcoin combine as one that they will surpass bitcoin.

Different altcoins offer unique feature and serve different industry or ecosystem need.Ethereum for example is for Smart contracts and a platform for launching other cryptos.That obviously is not possible with bitcoin.

 Perhaps yes there's a chance that some alts can outpass bitcoin. Unless if some of big holder on bitcoin jump to another alt to collaborate the progress of the project. But on this circumstances which is as long bitcoin is still expensive i think no other alt can over take bitcoin price and it will remain on the top as long there's still a massive demand and supply in the market.

Kind of a weird question since different Altcoins can do completely different things. Asking what 'Altcoins' offer in comparison with Bitcoin is therefore way to broad of a question!

I think it is difficult to have altcoin to beat the bitcoin
You know, Bitcoin is worth it, and its momentum is constantly growing

maybe altcoin is good as an alternative to long-term infestation ,, if you think alcoin price is much cheaper than the bitcoin price right now, some people think buy altcoin whose price is still relatively cheap and good, then hold it to good price and sell it, it also which I do ,, but I do not know everybody's thinking is different

A lot of stuff that bitcoin is not capabble of..
Take as reference, you can not create smart contracts with bitcoin, but you can do it so with ethereum in a few minutes.

Altcoins provide a specific purpose for their coin like, some are used as crypto banks, some for particular payment for specific areas like travels, hotel, and accommodation. I think Altcoins are better than Bitcoin based on its individual characteristics, better features, and advanced technologies.

They have their own unique features but you can't just tell the people that stop using bitcoin.

I've using bitcoin for payments and it's like a norm to me and I'm used to this type of coin so if you are looking for something that altcoin does have and bitcoin doesn't have. You get to know more about the market and maybe you can understand what you really like.

A lot of thigns that bitcoin can not do at the moment, there are a lot of altcoins that you can use for different purposes, and you can only use bitcoin as a meant of payment, and a store of value.

By and large, I think that most of the altcoins will die sooner or later, because they are all very similar to each other, so to say that these projects are unique is not necessary, I think that bitcoin is one.

Not all people can afford to invest in bitcoin now, so they invest in more promising altcoins!

The more risk, the increadible volatility and jumps. It can fall to zero on one day and go x10 in one night, lol! The bigger opportunities with ICOs

Yes, you are partially right. There are many sides through which it might appear that altcoins provides for benefits than Bitcoin. But in the long run, Bitcoin is safer and provides you with more benefits.

Well, this is a rather difficult comparison, even because Bitcoin is one and now there are more than 1600 of alts.. I think that there are altcoins that are really stronger in a number of technical characteristics, but their capitalization can not be compared with the capitalization of Bitcoin ..

The only thing I could think of what altcoins have that bitcoin doesn’t have now would be its fast transaction and less confirmation, which is what the people are looking for as of the moment.

so why do altcoins are created? if you look in the internet you will read that altcoins are created after the success of bitcoin. they emerge to improve the flaws of bitcoin as well as to compete with it.

Altcoins were clearly created to push further the potential of blockchain. However these improvement claims like faster and cheaper transactions remain to be unverified until these altcoins operate on the same scale as bitcoin. Because alts being less popular, process transactions quickly as a result less people using it which gives it the illusion of being faster.

tell me about some of these technical characteristics

I think that Bitcoin and Ethereum have a great influence on the cryptocurrency market at the moment. In these coins I see the meaning, and use them quite convenient in all respects.

I dont think altcoin out pass bitcoin in any ways because the altcoin are still trade against bitcoin and they also follow the protocols led by bitcoin creator but the aspect where altcoin only out pass bitcoin was in terms of transaction/network fee and they get the idea from what other developers said we cause bitcoin for Bitcoin in future.

Of course such variables will affect the price of an Altcoin, but it seems the effect is not large enough to approach Bitcoin.
Because of course other variables such as market share or supply amount are also other influences.

Yes in reality the technology continues to innovate. But this is also not an easy thing for Altcoin, because they will beat each other first. And if we compare with Bitcoin, it looks like Bitcoin is on a different level.

You're right. some altcoins are more advanced than bitcoin. But bitcoin is used by whales who have a lot of money. So now the main thing is bitcoin

Ethereum is a fairly high Altcoin with the ever-increasing development that makes Ethereum make the flagship coin and refuse Bitcoin present. thus indicating that Ethereum is indeed the best coin to have from now on until the future. and able to become a flagship coin like Bitcoin today to make it a valuable coin in the future.

Perhaps technology is always evolving, and the new Altcoin will emerge. And of course Bitcoin inspires everyone, that crypto promises the future. Of course Altcoin should be better than Bitcoin, because otherwise it may not be attractive to investors anymore.

altcoin has a low price so it has the movement and can generate profit quickly as well. Moreover, altcoin is still cheap and will certainly be more and more devotees are due to be matched with an investor who has a low capital investment to get started. However, Bitcoin remains the best because its development is always better than altcoin.

Each alt has its own unique purpose and though following bitcoin, no one foresaw them as clones, only taking up a great idea to use innovative tech and create uniquely enhanced projects.

there are many different types of altcoin with their respective offerings and goals, though altcoin will stay on bitcoin so bitcoin will remain number one.

I am not sure that altcoin will outpass bitcoin because I think each of altcoin has different function and it's only a small part function that is already bitcoin has. I think people choose altcoin to help them to make more bitcoin because people know that the altcoin have a big list and they have a big chance to make a profit in bitcoin. and if they can collect much of bitcoin, they can sell the bitcoin if the price of bitcoin is increasing and they can use it for buy another altcoin.

Altcoin is not a single coin like Bitcoin. There are many coin having different features in altcoin which variation Bitcoin cannot provide. Bitcoin too has some features which are not available in alts

Some altcoins are much faster that Bitcoin in term of making transactions. Moreover it is very difficult for Bitcoin to conquer some altcoins in such parameter as scalability. Bitcoin Cash looks like more technologically advanced.

 alternative cryptocurrency is a ticket to new age technologies world, like VR, artificial intellect and other this great things

The  altcoins offer volatility which is their biggest strength and weakness  because of the volatility in the most extreme sense the price values change rapidly so its the main target for the day traders in the cryptocurrency market

I think the one thing that altcoins can boast that they can offer that bitcoin does offer to the fullest is more supply. Other than that there is nothing else that altcoins have on bitcoin, In fact altcoins are the reason that the market is down now, if there weren't so many altcoins then all of the money in the market would still be concentrated on a couple of coins thereby increasing the value.

Your investigation is right. In the present installment, digital forms of money have gone past Bitcoin, yet their inadequacies are likewise extremely self-evident. They must be utilized for specific sorts of exchanges, and Bitcoin can be generally utilized as a part of day by day life. !

In the next five years, altcoins will surpass the BTC, which is easily recognizable because the potential of altcoins, especially with ETH, is enormous. Therefore, investment in altcoins should be more than BTC because there are many disadvantages to BTC that if not improved, BTC will inevitably fall back in the future.