Bitcoin Forum

Some services here in crypto only trust Bitcoin then they not use Altcoins now like example in Faucethub that very useful and helpful in the past with different cryptocurrency but base in government restriction then they can only run with Bitcoin and not Altcoins then now i read this news so i want to hear your opinion about this because i think in future we can only use Bitcoin

https://cointelegraph.com/news/coinfloors-ceo-explains-decision-to-delist-all-crypto-but-bitcoin-to-cointelegraph/amp

I think they are just protecting the users from fraudulent and scams. Nowadays, most scams are coming from altcoins and delisting them on their exchange is a good start to prevent this. Bitcoin on the other hand has been reliable on the past decade, so retaining it is also not a bad idea.

Bitcoin is the pioneer cryptocurrency and it operates on the most trusted and decentralized network, so it'll be the first option for companies and agencies looking to truly utilize the functions of cryptocurrencies. There are a few altcoins which I rate highly but in a couple of years I believe that BTC would be the staple currency and many of those we have today will not be active by then.

It's actually a good move for coinfloor if all they want is to delist all the altcoins that they have. This ain't something that is going be a big news though but this is a nice starter and initiative.

There's the part that they may get list Ethereum as per article.

It is not a good time for altcoin even if Bitcoin is top and most wanted cryptocurrency it not wise to discard other coin. Bitcoin can not serve all purpose of cryptocurrency and if we want spread cryptocurrency to other part of the world

I am afraid about upcoming KYC/AML regulation, many smaller exchanges are going to close their exchanges.
It will again lead to centralization and that larger exchanges will become larger. It is time for decentalized exchanges.  8)

Delist For most altcoin garbage is necessary because their innovations are useless and it is better to delete it is a good way, not necessarily mean in the future only need bitcoin. But there must be innovations that exist to establish the ecosystem Crypto itself so as not to die new projects circulating in this market.

That already said if the bitcoin as the only coin that has already proven its existence to be considered as a commodity while altcoin doesn't have clear position. You can use bitcoin but I believe if that will not about the payment system. as far as I know bitcoin is the only coin that becomes compliance with the majority of the regulation that comes from the various countries while altcoins are still not yet determined about where it was standing.
CEO said if the developer feels disbelief even with ethereum.

The CEO of Coinfloor says that Bitcoin is the only one crypto proven. Well, this may not be strange to say this. For, many altcoins fall and cannot maintain their price, moreover when BTC is down or even up.
However, what I'm still confused about is why they also delisted two biggest altcoins (ETH and BCH). In my opinion, those two altcoins are proven and promising enough for their holders.

Bitcoin has proven itself as the most reliable coin in the last ten years, compared to most of the altcoins which is dropping because they just rely on the price of Bitcoin for their future price, but I'm surprise that they are also delisting Ethereum and Bitcoincash and are not making any exception, such a bold move.

In fact more choice means more customer, so he will be the one to lose the most. As far as I understand from this article, he made this decision because thought Bitcoin is the most powerful coin. That's true, but there will also be people who want to use the others.

It's very difficult to delist altcoins in the future especially if the demand is still there, if there are other governments that bans altcoins and only allow bitcoin then it doesn't mean that other governments will do the same also.

The possibility that we can only use bitcoin in the future is very low as there are plenty of coins/tokens out there that are very helpful also, so I guess it is up to the crypto community on what to support as the tokens/coins will continue to grow if the demand will not stop.

This is only mean they want to only list mother of all crypto currency all do both have good marketcap but they still believe it shouldnt be added . There are many reasons why but i think the main reason is both ETH BCH is more volatile than BTC.

although like that if only providing bitcoin and no altcoin then it will definitely make the price of bitcoin very expensive because it will certainly increase the demand on bitcoin which can give a direct influence on the price of bitcoin, this is a very good step to make people more focus again on bitcoin and the price can soar but it will be very difficult to erase all altcoins that have already been created.

That way might be justified because it protects consumers from altcoin fraud that has a bad reputation.
Therefore, the number of altcoins in circulation should be narrowed down, not to limit the rights of people to create new projects.
But because there have been many cases of fraud created by new projects, Bitcoin is the most prominent today that can be relied upon.

There are a lot of Exchanges and a lot that does fiat to crypto and vice versa. Coinfloor has been of the trusted and successful.
The team must have taken this decision with some plans in mind. They surely want's to make them distinguished from others.

Well I guess they don't care about profit, which is good, but Ethereum is such a well establish coin in the market and has proven it's reliability over the years, I could not imagine Cryptocommunity without Ethereum, I believe they will soon added Eth again in the future,
people are not comfortable using an exchange without Ethereum on it.

They must have been trough a lot of consideration to come up with this decision, which is delisting other altcoins and using bitcoin only.
Even though when ETH is one of the major altcoin out there and it's really popular, they also planned to delist it as well. Because ETH 'til this date, according to them, has yet to overcome their major changes, which makes ethereum is not proven.

Whether in the future we can only use bitcoin or not, I don't it's going to happen in the near future. Still, everything's possible.

The obvious truth is that most altcoin are not trusted because they end up becoming scam projects and as such may be useless to the holders that explains why bitcoin is always chosen as a means of payment and settlement of debt. Altcoin could easily be delisted from an exchange but I haven't seen an exchange delisting bitcoin.

We know that so far Altcoin technology has only copied from Bitcoin, it's just that some features have been updated, but the method of use and purpose has remained the same, becoming a digital currency. In coinfloor itself, BTC trading pairs are more dominant than other pairs, that means traders there tend to trade and prioritize Bitcoin.

But in this case, I'm still confused and might bring up a difference about the meaning of crypto that is "proven", because not everyone has the same opinion and perception.

Well, maybe it is their decision. If people want to trade there are a lot of other exchange that  we choose. For me actually it is good, because some exchange must really strict to altcoin that want to listed if not want to blamed by people who lose in that exchange (although i think m aybe delist all altcoin and leave bitcoin is really really strict) but maybe good quality of altcoins is already good to trade.

As an idea that is good but please see the real condition right now. If only bitcoin use it, network will crowded and fee for every activity will rise in high level. Altcoin is solutions for this problem and can be use as alternative income if bitcoin has negative movement. See altcoin as opportunity not problem that we need to destroy.

From this news, I can conclude that the government has begun to recognize bitcoin a little, but not for altcoins, which are likely to be short-lived. I think this decision is good too, because gradually Bitcoin will be increasingly used in every transaction. Come to think of it, for what is actually too much altcoin. 3-5 is enough in my opinion. But since crypto exploded, lots of new dev have sprung up looking for luck which finally only looking for fast money. This is what makes altcoin too risky as a method of payment because it is temporary and unclear.

Do you know why faucet only available earning with bitcoin only? they want give little reward for faucet participants and using other coin like eth and ripple maybe they will higher amount, when bitcoin have raise with higher price faucet will give little reward again for participants and keep using bitcoin as their payment transaction.

It should be the ones that are no useful in the crypto market anymore and those that are not being traded. I have to disagree at some point about the delisting of ALL Altcoins on their exchange. But at some point we can't do something about their decision.

Though i do think Ethereum has a great use along with bitcoin, but for them Bitcoin is the only one who has an impact and purpose and should be the one to stay. We can't blame them, altcoin's reputations were not that quite good.

This is primarily because the regulatory landscape is still quite uncertain for a lot of alternative cryptocurrencies and this poses risks for investors so to play it safe its probably better to stick with options that are considered commodities and not securities if you're a risk averse investor

I think Bitcoin will not survive alone in the cryptocurrency market. Altcoin has started a lot of good and began to be accepted at various merchants. It takes time for altcoin to develop and I think Altcoin still has opportunities and places in the cryptocurrency market

This is one of the oldest crypto exchange in UK and their reasons why delist all of altcoins including Eth was very interesting that they says bitcoin is the only cryptocurrency that is proven so far but in my view this is not too good and admitted or not the exchange will need altcoin because some of people has became an altcoin users and if this happend i was wondering whether they still have a lot of costumers or people switch to another exchange

I think it's too much if in the cryptocurrency market there is only Bitcoin. Bitcoin may be the main factor why people invest in crypto but with the development of blockchain technology, altcoin is still needed to revive the cryptocurrency market. Many coins have emerged with the latest blockchain technology including DAG technology and this indicates that Bitcoin cannot be alone in the crypto market

Exactly, so I'm not surprised by this move, although there are good alt coins to be begin with, but obviously BTC is the most traded currency. And with the worsening market conditions, it's just about time that many of those shitcoins gets delisted.

this is just a temporary decision because of the government's latest regulation to prevent fraudulent projects. there will be a time for them to re-list the altcoin after the government has a better way to protect the investors other than blocking the coin or restricting it. at least for now altcoin will not die, bitcoin still has a lot of room to grow and it needs altcoin to make a breakthrough.

I don't think in the future we are going to use Bitcoin only, there are a lot of coins in the market that can compete with Bitcoin in terms of community support and usage, and these coins like Ethereum are gaining momentum on their project, Ripple, Binance is still in contention as the best coin in the market.

That's right, if we look at the opportunities, there are still opportunities, because altcoin developers won't stand still in order to develop their altcoin in a better direction, and I also hope that altcoin can quickly find a good place in the cryptocurrency market.

There are many exchanges on the cryptocurrency market and each one has their own trading strategy. Cryptocurrency exchange Coinfloor will cancel all cryptocurrencies except Bitcoin could be a new business strategy for them. This is a breakthrough step in the current situation.
According to the CEO, Ethereum technology has not been proven so far because it has yet to overcome major changes including the network transition to Ethereum 2.0, which is expected to take place in January 2020. Nwosu said:

Altcoin cannot be relied on in the future for payment because altcoin prices are often dumped and worthless anymore, it is true that altcoin is often a lot of scamer happens especially in projects that do not make any transactions from altcoin can not be used.
Bitcoin has adopted many, so transactions using bitcoin will be easier and have been done in several companies.

I'm not really sure that bitcoin can do it alone. various things or shortcomings of bitcoin will surely be covered or will be supplemented by alternative coins, that's why altcoin emerged and still survives until now. if there is no altcoin, the crypto ecosystem will only become monotonous and only rely on bitcoin payment instruments without any new ideas and interesting innovations from the altcoin team.

if that is done then the hype about crypto currencies will decrease, because with the many choices in crypto, it will be easier for people to choose which one to invest. then the hype will always be high. this is from the point of an investor (me).
but if all altcoin is delisted and leaves only bitcoin, the good side is avoiding money laundering and fraud, the crime of using cryptocurrency can be minimized. there will definitely be many pros and cons.

If you look at the facts, bitcoin is the only coin that we can trust and the rest of the coins are derivation of the bitcoin source code and then there are privacy coins which the regulators will force them out of the exchanges and hence it would be wise for anyone to accept donations or payments in bitcoin as the regulations will be for bitcoin and who knows how the rest of the market will be viewed.

what is the difference between alt and btc  ? both are still crypto and if they hate crypto then they will also hate btc  . i know faucethub on the past , it was a faucet isnt it  ? and yes faucethub suports many different cryptos but most of those are not that good at all  .

 it so confusing to support many alts but i guess it would be better to only support the good ones but leaving bitcoin alone is still better than nothing at all or closing the site faucethub permanently  because they also got alot of costumers  .

That was a good move from Nwosu and will further strengthen the developer's who have taken it upon themselves to improve on Bitcoin. Bitcoin has been proven beyond reasonable doubt and have been a saver side when it come to financial. It has solved many problems and still Solving critical aspect of human financial needs. Bitcoin has proven its worth to the world and will be embrace.

I believe the government has a valid reason for restrictions placed on the project to only accept bitcoin as a means of payment. Bitcoin is a well recognised cryptocurrency and I know some countries accept bitcoin as a legal tender.

of course that is good news for bitcoin in 2020 and at the same time with the 11th anniversary and this will also be a big consideration for old or new altcoins to be even better, especially to avoid the many new deceptive altcoins that are certainly very big impact for investors, miners, marketing etc.

Different company different thinking, the coinfloor CEO has explained himself that he thought of other coin are not really necessary and bitcoin is already a solution while other than that is simply gimmick. Some people might said so and other could disagree.
However realizing it, many of altcoins aren't really proven and they are just gimmick although they might topped the market capitalization rank. so, to decide only accept bitcoin which is proven is not wrong.

Not that the governments dislike the use of altcoins or anything of that sort but the reality on the ground is that most altcoins turn out to be shit and scams in the long run. Also, i don't know the kind of altcoins that were being used back then but i guess coins like TRON, ETH are cool to use and have a very strong community too.

It always depend on what altcoin that we've buy, if an altcoin with a really great potential to grow there will be no way to exchange to delist the coin as long as the coin have a decent volume. But i agree with you that new projects altcoin, most of them are not a good project and just enter the market for months and then they will be delisted, we should be more careful choosing what project that we will invest

This is unusual decision, I never knewn exchange like this one before
this decision can make profit of exchange decrease, bcz one of source of exchange income is from trading fee

more coins can make more trade too, if there is only one coin, it means lower profit from trading fee
but, whatever is that, I hope this would be good decision.

We can use bitcoin itself actually but not really all of the altcoins in the market, as most of it are unproven but there are still a few of them that exist in the market and has been use by other companies. This news amd exchange is only applied on coinfloors and it does not mean other might go and follow what move does this exchange wants.

As a unprecedented move it has gotten attention to the Coinfloor exchange. Except getting profit from dealing with Bitcoin solely, they may as well get more customers.

It will be like a wallet, no longer a exchange as its only bitcoin and the only thing they can do is to convert it. It's really unusual. There are people who no longer believes in alts as many do exit scam or already lose in value. It can also because of the fact that alt prices moves depending on bitcoin performance.

The main problem is not so many coins or even ethereum itself still on its way to develop something that can solve the common problem, the majority of the developers are developing the same idea with almost the same roadmap too. They are putting scalability while we know that usability is much more needed these days.

So they delisted all because altcoins has not proven to have solved problems but are increased high fees in altcoins withdrawals like ETH?
They are also accumulating ETH in the process, how funny.

The exchange isn't receiving big amount of BTC volume and I guess this is an effort to increase it and part of the marketing. But they are going to be adding ETH once again once the transition to ETH2 will be over.

If that is what they think on their exchange then it is a good decision, for sure they think of this well, maybe they listed most shitcoins that's why. Hope that they can still earn from it although only Bitcoin left, maybe they are planning for a good plan wherein they can add other features to their exchange just like margin trading.

Bitcoin has always been and to this day shows itself quite well but among other things, there is more confidence in Bitcoin because a large infrastructure has appeared around it. Obviously, this cannot be said about most altcoins.

No i dont think we can only use bitcoin in the future. For now, most of altcoin are not accepted by gorvernments, but its ok. I think soon there will lots of option to use altcoin as payment method as altcoins are faster than bitcoin  and maybe more sercue. The only problem now, altcoin project need work with real company that can help them to be approved by gorvernments.

I believe that the time of altcoins will come in the nearest future, because BTC is not able to do it alone. But the whole situation is pretty disappointing and 68 percent dominance makes me think that I might be completely wrong.

In the future we cannot only use Bitcoin. The essence of cryptocurrency is the projects being fuels by it. If these projects cease to exist the hype for Bitcoin will reduce as well. What the future holds is its ability to filter these cryptocurrencies according to their relevance to the world in the future only useful cryptocurrency will remain.

in the future we will not be able to use bitcoin anymore because if all bitcoin has been mined bitcoin transaction cannot be run anymore so there will be a substitute for bitcoin. this is still my opinion, correct if wrong

This is true to an extend but there are genuine and better altcoins as well and you can taken example of Ethereum, Litecoin and Tron just for your reference and I personally feel like coin is much better than bitcoin when it comes to payment transfer and this is based on real time experience.  We cannot term most of the altcoins as scams just because of recent projects which are turning out to be scams.

Having many altcoins for an alternative when it comes to remittance is a good thing, but for someone to believe that bitcoin is the only thing that can be trusted and is trusted, it all come down to individuals' mind. The news mentioned by OP is just about a company trying to delist the rest of altcoins simply because he has an idea about which coin is proven and which is not and it won't do harm to the whole cryptocurrency market even at the slightest.

I also think so, but every crypto has its own function. It's a lot to say that the fore only Bitcoins survive this because Bitcoin is the King of crypto. But another altcoin I think there is also like Ethereum that works as a virtual machine that can run a peer-to-peer smart contract with a cryptographic cryptocurrency ether (ETH).

As long as many projects are still growing and people want to invest in them, it is certain that many will continue to grow new altcoins. although maybe later altcoin that can not develop by itself will disappear from circulation. bitcoin and ethereum will clearly continue to appear, because both have complementary functions for the growth of the new altcoin. so I believe not only bitcoin and ethereum are still there.

Some crypto actually are needed to perish cause of there platform objective. Typically thousands of new altcoin projects are primary derivatives of bitcoin usage. If you were an investor would you trust something new compared to the prominent and known coin already? Some would be yes but foe those legit investor they will playsafe and put on btc alone.

This better explain it.

https://blog.coinfloor.co.uk/post/189719817726/coinfloor-sets-eyes-on-bitcoin-only-services-from

I love what he is doing. We are looking at a pure bitcoin enthusiast by now.
He stays at his path or how his path was created since the start of bitcoin discovery.

Although it is good to have a competition, what he is saying might also be right.

There are altcoins that are been delisted because of the low volume in the market. It is a reality that there are only few coins that habw potential to survive in the market. If we will buy an altcoins, make sure it is liquid where there are many people who will patronize it. All of the altcoins that are been delisted are illiquid and they have no market participants where there are no buyers and sellers in the market.

The safest crypto currency is Bitcoin. so it's natural coinfloor delist ethereum. although ethereum ranks second in the crypto trade, it is inevitable. that ethereum has many problems that must be resolved. and it was not for a short time. for the safety and comfort of members on Coinfloor, the policy to protect members is carried out by delist ethereum and full focus on bitcoin. I think that's a good step.

Anyway, it was kind of brave of the CEO of Coinfloor to abandon all the coins except Bitcoin. I respect this decision and wish them good luck

As per them, they will still bring back the Ethereum once it is proven itself, maybe they are aware that the founder of Ethereum is really holding a lot and they knew that Vitalik sold some of tokens at peak price, that's why, we really don't know the real reason for their statement that unless it's 'proven'.

Anyway, this  is a good chance for the Bitcoin to grow more in their country.

That is a bold move, Etherem and Bitcoin cash are two coins that are profitable and with good volume in other exchanges, I doubt if the big exchanges will follow their lead, each coin has followers and community if they cannot include some coins they can trade in other exchanges this is a bold move so we'll see if it benefit the exchange.

However altcoin is still needed, but which only has potential, my assumption is that bitcoin cannot live alone, surely it still requires altcoin as a form of revision of blockchain technology, such as the example of ETH with its smart contract. if altcoin volume is low, liquidity is low and there is no market to sell / buy, altcoin like this is what we kicked away and do not approach them.

Bitcoin has already made its mark as it is the first major coins out in the cryptomarket then altcoins followed spearheaded by Ethereum and other major alts. Some other altcoins might been delisted because they have not been making any progress and remain stagnant while are have not been able to recover due to the increasing number of other with so much potential and more valuable than others.

There are many scam altcoins, But there are good altcoins too
what the exchange does is generalizing that all altcoins are scam by not including them in the exchange

remember that exchange made for buy and sell coins/ tokens. so, traders/ investors just wanna earn money from trading or investing
no matter the coin/ token depend on others coin or anything else.

Bitcoin already gain trust in crypto community since its the first fully decentralized cryptocurrency and that's why many platform only accept Bitcoin because they knew many people are using it compared to other altcoins but I don't see any good reason why they should delist all altcoins because some of them are still useful and have been improve for the past couple of years.

I really think that this is not the last time that we hear something like that, people are losing their faith in altcoins even in the good ones, we are seeing more businesses accepting bitcoin and only bitcoin, they do not care about altcoins at all so I really think that we are headed to a future in which we may have thousands of coins but no one cares about any single one of them and at most they are going to care for bitcoin and maybe ethereum and that will be it.

probably, probably not , but who know ? since btc is the big star of crypto world , but it doesn't mean we will avoid another altcoin such as ETH,NEO,XMR, etc.

Well, I've never seen an exchange delist Bitcoin—have you? Even major altcoins like BitTorrent, DigiByte, Bitcoin SV etc have been delisted from exchanges, while Bitcoin remains strong.

I actually believe that if there was some sort of voting system to see which altcoins should be delisted from exchanges, practically all coins originating from an ICO or IEO would be removed.

This, in my opinion, would actually improve the strength of the market, as it is far too diluted right now—making it hard for strong assets to grow when the parasitic shitcoins are so prevalent.

Yeah.

They are eradicating the coins that are looking just as a display to their exchange. They should have done this earlier so that the reputation of their exchange will get a boost by providing a bitcoin market which is going to be open for everyone.

Yeah every coins has it's pros and cons and we cannot all altcoin will be delisting on exchanges, as long as the coin has it's demand and the community still support the coin and also the team of the coins always developing it, i'm sure it will last long in the market except a coin that has not clear background and the daily volume is under 10k USD

Of course, all existing altcoins will not be able to operate in parallel on the financial market. 99% of them will simply disappear. However, some of them will definitely remain and will have their part of cake on this market. I do not understand the decision of the owner of this exchange, because it will definitely reduce their income. However, in the future we will definitely use at least a few Altcoins.

Agree, coins that only have small transactions under $ 1000 per day will gradually be delisted from the market or exchanger. But altcoin which has a large community and has a large market cap value in my opinion will still continue to survive and may be a profitable investment

Youre kidding right? How come the second market cap and one of the potential altcoin like btc to delist this project? If this happened and the market will probably crumble, many projects rely on eth network and doing this can ruin the entire marketcap. There are plenty of shitcoin out there and ethereum isnt included on the list mate. Many also like the scaling and tokenization of eth.

I think it also because now, that was hard to find some good investor because of the name altcoin from the case of a lot scammers who do create a coin to perform scam. I think when you introduce bitcoin for the investor then they can invest for Bitcoin only and they fault if they want to use altcoin. Just to warn people or investor about altcoin.

Yep a lot of companies/exchanges trust Bitcoin more than altcoins, and not just exchanges alone, including Investors. Just like early today I read news that Coinfloor which is the oldest cryptocurrency exchange in the UK plans to remove Ethereum from their exchange and not just ETH, including Bitcoin Cash (BCH). And it's also not a new thing that a lot of exchanges usually delist altcoins that are struggling in the market, I have seen a lot of them do that. Altcoins don't really get much, much focus is on bitcoin and it has such an advantage for being the first in the market.

Yes. This is the reason in recent times, few experts predicted that 99% of altcoins will hit zero value which must have triggered many business people to draw a new decision of not supporting altcoins. We cannot be sure which ones are going to survive which may lead to ignore all of them. I guess very hard time ahead for altcoins.

It's not about the bitcoin or even the scammer. CEO has already explained very well about that if too much promises that already offered by various platforms that none of them become a real thing right now. that means  if the whole of crypto except bitcoin offers nothing. CEO wanna see the further development of altcoin.
In this story, it's about the altcoins must prove its existence by solving what they have been promised in the past.
If they can't do that and coinfloor will always only use bitcoin.

In my opinion, new altcoin will continue to appear and maybe only a few coins can survive and some will disappear. For me bitcoin is indeed more promising than other coins, but this does not mean that other coins have no potential and can provide benefits, we should be able to look for opportunities from some potential coins so that what we do does not fail.

Bitcoin is more popular than altcoin and it is true that bitcoin is more widely used than altcoin. But for me personally this does not mean that altcoin is not feasible or needed in the future, I think altcoin will continue to exist and as time goes by altcoin will follow bitcoin, maybe not all coins will succeed but there must be an altcoin that can compensate for bitcoin and will be able to provide benefits for many people going forward.

If only bitcoin use it, network will crowded and fee for every activity will rise in high level. Altcoin is solutions for this problem and can be use as alternative income if bitcoin has negative movement. Altcoin is still needed to revive the cryptocurrency market. At least for now altcoin will not die, bitcoin still has a lot of room to grow and it needs altcoin to make a breakthrough.

There is not good to have only bitcoin because we also need some altcoins who solve the problem that bitcoin have, and also need maybe new technology which new altcoins maybe will provide.

There is simply not enough room in the market for thousands of altcoins. And we need to remember that many of these coins don't have any practical usage, and the vast majority don't even have the preliminary phase of development completed. So it is not surprising that many such coins are getting delisted. But at the same time, the good coins are not only surviving, but thriving as well.

if we talk about cryptocurrency only as a tool to save and increase our money, then there is nothing wrong with buying and holding the only bitcoin. I agree that altcoins have a very high technical superiority over Bitcoin, but how many users now really use these altcoins in real life? now 90 % of people interesting only in earning money

It is all your own choice either you want other altcoins or not but as I think it’s good to keep both in your portfolio as having bitcoin is the best thing but we should get some altcoins as well. There are so many altcoins but we should choose the best one such as ETH and Ripple these two Altcoins are good for investing our money as it gives profit the same as bitcoin gives. So now a day we should buy some ETH as they are at a low price.

Market wouldn't function as it's supposed to if we have just bitcoin alone, having altcoins with bitcoin is a good one and it will enhance more growth as some people like it much and like day trading etc with them of which they will hardly do with bitcoin. Market with just bitcoin will certainly not do well.

Bitcoin and ethereum are indeed two complementary coins. I think these two coins are good coins or you could say coins that have greater potential to be able to give us an advantage compared to other coins. Not that other coins are bad coins and can not provide benefits but in my opinion, if I want to invest I will choose both coins.

I do not agree and I doubt it, I mean bitcoin is made and used only as a means of payment, maybe no one will be able to beat it in the rank 1 capital.
but in terms of other developments altcoin also has an important influence, trust me bitcoin won't be able to be alone.

They have their own strategy, if they think that's good for the exchange then they will think of doing it.
However, for me it's not a good approach, listing a good altcoins by doing a proper study and investigation prior doing it is the right thing.

When we say crypto market, we talk about the entirety of the market and that includes altcoins.
Bitcoin is kind of safe for exchanges but their profitability might also reduce.

I'm not sure if we will only use Bitcoin as a single currency in the Cryptocurrency ecosystem. But I believe that in a future where cryptocurrencies are legally accepted, 90% of altcoin projects, tokens, ICOs, IEOs, etc. will all fall apart, just like the financial bubbles have previously taken place in the past. That's important to help the crypto be transparent again.

Btw, as long as ETH completed its project to change PoW -> PoS, I believe Coinfloors will have no reason to delist it like now.

I don't think that they will delist all of the altcoins because, without altcoin, bitcoin cannot have a value in the market, and I don't think that bitcoin price can increase higher. Bitcoin cannot work alone without altcoin because bitcoin and altcoin can not separate, but if they still do that thing, we can only wait and see for what will happen later. I am curious if that news is real, and I want to know what will happen.

I agree. Many people are now thinking that whenever you talk about Altcoins, the first thing that comes into their mind is that Altcoins which mostly or all comes from ICO projects are scams. That is why the way for them to be able to protect the users of crypto in the crypto community, some or many exchanges are starting to delist Altcoins up until almost Bitcoin will only remain because many people think that despite of what Bitcoin's situation is currently into, which is drop down in terms of price value, still Bitcoin was the only reliable and most trusted cryptocurrency of all time. But better think of it, once most or all of the Altcoins are already delisted leaving Bitcoin alone, we will now be dependent on a single crypto. What we need to do is just sort out those that are proven scams and leave those that are not because even there are lots of scam cryptos in the market, there are still good and trusted Altcoins you can have aside from Bitcoin alone.

I agree with the statement about delisting "garbage" altcoins. However, they also delist all altcoins, including ETH. In my personal opinion, ETH is not one of these garbages.

This might indicate if Coinfloor really is improving their criteria and system including to only considers BTC as the only proven cryptocurrency, especially in terms of transactions and progress in the market.
However, is this only because of the reason (only proven crypto)? Or, Does Coinfloor have a certain strategy to encounter this market condition right now?

Funny the whole market comprises of BTC and altcoin do you think if only BTC is listed there would be so called market? With what stablecoins? Yes altcoins are totally copycat but dont you realize that altcoins somehow more improved than btc? Im not saying all but some are superb platform.

There are many people, even some services that only trust and invest in bitcoin without thinking of other altcoins. Because of the limitations of altcoin and the reliability is not much. But I think you should think of altcoins as they are also very good. ;D

In my opinion, everything that Bitcoin can do, altcoin can also be included now and in the future. altcoins are gradually growing stronger and appearing all over the market. Although there are limitations, their benefits are even greater.

Yes it is possible, in the future we will only be able to use Bitcoin in application areas. altcoins are not doing the expected in recent years, do not show their importance. so the Altcoins delisted and only Bitcoin remained

It's kinda sad especially to those who uses the exchanger for other cryptos like ETH, XRP, etc.. The exchanger will most likely going to lost some customers since there will people who prefer altcoins in some ways. The idea of getting rid of "useless" cryptos might have gotten overkill because even ETH will be delisted. Hopefully, they will realize this sooner.

No real usages and no support that being gathered around the market. Most of those Alts don't have any future and will die naturally no other options but to forget about the team and keep away from the projects as it will not do anything but only to lose your investment in a short Period of time.

Though bitcoin staying to be the only one crypto is not against my favour but dont you think that if the market have more than one reliable currency it will be better?. The idea of making bitcoin code open source by satoshi himself Im sure is to facillitate people into creating their own cryptocurrency whether for public adoption or private.

Cryptocurrency that is currently on the market more than 4000 kinds and many of them have the same type of project. Bitcoin might be a safe choice but the cryptocurrency market is a dynamic place and I think many investors are trying to make profits from altcoin and I think exchangers are only delisting projects that are scam or start to not actively trade in the market

Ethereum still has an unlimited supply, that's why so many people hate it. It won't be crypto for payment if this issue still available. Besides that, I think XRP will be better than ETH for fast payments if you don't hate the centralized nature of XRP. Or use an app like Coinbase still help you pay your bills. However, both methods still need a centralized system.

I dont think its a feasible idea to delist all of the altcoins. Believe it or not, there are many altcoins projects which do have a future and may become something if the adaptation go well. If people understand the usefulness of those projects then they will make a revolution in some fields.

This is very certain that we can't compare to Bitcoin with any others coin. But I have one doubt if more and more people using Bitcoin then, we know Bitcoin transaction speed is very low like a old man. Some service also use another coin for more privacy than Bitcoin, monero is the best privacy coin.

What benefits can altcoin display? if the growth of altcoin on the market does exist, but not all altcoins that have been circulating in the market now are good, because I see now there are still many altcoins that are not good.

This is already the case. Many subcoins have very good technology. Bitcoin is an old technology. However, the owners of power in this market are also bitcoin owners. It's my guess that those who have Bitcoin are also rich in dollars. As a result, even if Bitcoin is an old technology, it dominates the market.

this is one of the reasons why its hard to support altcoin
when altcoin does not pass some requirement the altcoin is easy to be delisted in some website and exchange
sometimes altcoin is being stopped before it starts because of not passing the law requirements

You are right. With your opinion, I personally prefer my opinion.Bitcoin is called the father of all coins. Other than that, no coins could be made. I think Bitcoin should be capitalized and traded with other coins.

Yes some of them are purely shitcoins, but there are some altcoins that you can put your money on and has promise like in the top 10 list of crypto currency they're all innovative and has something new to offer also they're cheap. Either way, if you're an investor/trader just do your own research to find the best and diversify it whether in bitcoin or all in altcoins.

but without altcoin the crypto currency will be quiet, and this makes Bitcoin also less desirable, what's interesting is that there are 2 crypto currency seasons, Bitcoin season and Altcoin season making traders interested in trading

I think we already know very well that bitcoin is the parent of cryptocurrency, where everything is based on bitcoin. For altcoin maybe there will be a time later, but now is not the time and the ups and downs of altcoin may quickly subside

Bitcoin is the father of all subcoins. : D The price of Bitcoin continues to be unstable. But the problem is this. No other altcoin can move independently. If one day altcoin prices can move independently, much will change. Bitcoin is crushing the whole market.

Well, in as much as we know and believe that cryptocurrency is the future that doesn't imply that altcoin isn't among, imagine delisting Ethereum, yes we know Bitcoin is very sweet and reliable but there should be room for other coins

Bitcoin can not serve the entire purpose so the need to introduce Altcoins. the world can't bank on Bitcoin no matter what. it will definitely not be enough no matter how little it is been distributed. Altcoins will remain and it is need to serve other purpose bitcoin can not to serve. therefore we need both Altcoin and bitcoins.

Solo Journey of Bitcoin may lead to stop trading and Blockchain awareness may stop spreading as it is now being manipulate over electronic media. but some rule should be mount before coin to accept over exchanges ! 

Thanks

Back in 2017, we had less than 1,000 different altcoins and tokens and the number of active cryptocurrencies among them was only around 100 to 200. Two years later, this number has increased to more than 10,000. The problem is that the number of cryptocurrency users have not increased proportionately and as a result many of these smaller coins are nonviable. Many of them have died out and most of the remaining will continue to become dormant or dead during the next few years.

While I do not share the idea that all altcoins are bad, the altcoin market is in its majority compromised of scams and I cannot blame anyone if they have decided that they do not want to deal with altcoins anymore because of their reputation and I really expect that this tendency is going to continue in the future because people are tired of believing in all of the promises of altcoins only to be disappointed at the end by their lack of performance.

This is wrong, if so why is other giant companies accepting ETH as means of payment? For example UNICEF and few others, its like they are just trying to degrade other altcoins, many altcoins have better features than Bitcoin and its only a matter of time

yes, as we know that bitcoin is the top coin in this cryptoqurrency space. so it's not strange to hear that a lot of people invest their money in bitcoin. on the other hand altcoin is an alternative investment besides bitcoin and not all altcoins are profitable for investment or can last long in the crypto space, we have witnessed hundreds of altcoins ending in spam and not being used by investors.

Altcoins are everywhere because they have a cause on why they exist. Bitcoin is not perfect. We are to see how bitcoin scaling delivers as more people will use the leading currency. In the future, there will be many altcoins that can be used. But probably not thousands like what we have right now.