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Author Topic: Bitcoin without Altcoin ?  (Read 67952 times)
eternalgloom
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January 01, 2016, 09:07:43 PM
 #101

I think altcoins are generally good for Bitcoin, people do not get into altcoins before getting into Bitcoin first, I think.
They might have somewhat of an influence on the price though.

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Even in the event that an attacker gains more than 50% of the network's computational power, only transactions sent by the attacker could be reversed or double-spent. The network would not be destroyed.
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January 01, 2016, 11:53:18 PM
 #102

I think altcoins are generally good for Bitcoin, people do not get into altcoins before getting into Bitcoin first, I think.
They might have somewhat of an influence on the price though.

Altcoins can't take bitcoin's place so they can live next to bitcoin.
Without altcoins the market cap of bitcoin could be higher or we would have a lot less investors.

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January 22, 2016, 09:21:23 AM
 #103

I think altcoins are generally good for Bitcoin, people do not get into altcoins before getting into Bitcoin first, I think.
They might have somewhat of an influence on the price though.

One reason for some people to get bitcoin is to get altcoin. There are many altcoin/bitcoin markets, not many altcoin/fiat market.
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January 22, 2016, 10:54:47 AM
 #104

it did not have much effect IMO, BTC would technically get more attention without alt-coins but alt-coins already get just a scratch of attention and adding that to BTC wouldn't have a major effect.
arbitrage
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January 22, 2016, 12:18:02 PM
 #105

Alts are good and i can't see Bitcoin without alts!
It is good thing when you have to chose what coins will you use and how!
vrm86
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January 22, 2016, 12:30:26 PM
 #106

Altcoins interests raise the BTC volume at the exchanges - that is the only relation I can find.
The opposite question would be more interesting: what would happen to altcoins if there will be no BTC tommorow ;]

Conclusion: Bitcoin itself still would be doing fine, as purposes of buying bitcoins are quite differentiated.
elizabethqueen
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February 09, 2016, 01:16:13 PM
 #107

I just wanted to get your opinions on this one , what do you think Bitcoin would be if there was no Alternative coins such Litecoin & Dogecoin and the others ...
I mean it would be better with or without them Bitcoin would have no value at all ?
bitcoin will be the real king of crypto currency,bitcoin also more popular and mass adopted everywhere,any developer just focused on bitcoin,and they will be the big strength of crypto currency,maybe bitcoin will conquer the world soon.

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February 09, 2016, 01:50:45 PM
 #108

I just wanted to get your opinions on this one , what do you think Bitcoin would be if there was no Alternative coins such Litecoin & Dogecoin and the others ...
I mean it would be better with or without them Bitcoin would have no value at all ?
bitcoin will be the real king of crypto currency,bitcoin also more popular and mass adopted everywhere,any developer just focused on bitcoin,and they will be the big strength of crypto currency,maybe bitcoin will conquer the world soon.

The value of bitcoin depends on the consolidality of the bitcoin community. The price dropped recently due to the conflict in the community about block size.
Rude Boy
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February 09, 2016, 02:29:20 PM
 #109

IMO, Nothing will happen if Altcoins doesn't exits. And some scams coins will not been generated. Bitcoin been unique. All exchanges should only contain FIAT to BTC & BTC to FIAT. And i think most of the markets were depends on Altcoin to Bitcoin. So, they might not been exits if there's no Altcoin.
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February 09, 2016, 02:48:57 PM
 #110

Unless using the trading platforms, i don't think that the Bitcoin's community need really the altcoins nowadays. I think the altcoins need Bitcoin a lot more to improve their usabilty worldwide, otherwise no one will use this altcoins if there is no Bitcoin
kiloiko
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February 09, 2016, 05:53:44 PM
 #111

Bitcoin can easily continue and sustain with altcoins, it was the one founded first and made the concept the other altcoins are based on, although some altcoin users would find it very hard but I think bitcoin can continue normally.
fuathan
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February 11, 2016, 01:00:28 AM
 #112

I just wanted to get your opinions on this one , what do you think Bitcoin would be if there was no Alternative coins such Litecoin & Dogecoin and the others ...
I mean it would be better with or without them Bitcoin would have no value at all ?

IMO altcoins support BTC by increasing market cap and must be in the market...
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February 11, 2016, 01:09:15 AM
 #113

IMO, Nothing will happen if Altcoins doesn't exits. And some scams coins will not been generated. Bitcoin been unique. All exchanges should only contain FIAT to BTC & BTC to FIAT. And i think most of the markets were depends on Altcoin to Bitcoin. So, they might not been exits if there's no Altcoin.

Nothing will happen, indeed, since bitcoin most likely could survive on its own (which is, without the presence of altcoin) but we can't deny either that altcoin (at least the trusted one like doge and lite) make the world of cryptocurrency more interesting by enabling us to focus on accumulating more coins via trading them around instead of just focus solely on btc and wait for it to grow
Qatuca
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February 27, 2016, 09:29:08 PM
 #114

Bitcoin can easily continue and sustain with altcoins, it was the one founded first and made the concept the other altcoins are based on, although some altcoin users would find it very hard but I think bitcoin can continue normally.

If there are good points in other coins, bitcoin can integrate the good points. So bitcoin will always evolve better.
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February 27, 2016, 09:40:41 PM
 #115

I think over the long haul, the existence of altcoins will force Bitcoin to stay on the edge of innovation to be competitive. There are altcoins out there with more efficient algorithms, have more features built into their systems, or have a unique brand like Dogecoin's element of fun. Some of them introduced the concept of "appcoins" -- a concept we don't seem to be really used to yet, but they're basically tokens meant to provide a lubricant for a Blockchain's primary function like, say, smart contracts.
faridkifly
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February 28, 2016, 01:45:09 AM
 #116

surely, i dont know what will happen if bitcoin without altcoin.
but I was curious. whether they are related to each other?  Huh
MyBTT
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February 28, 2016, 01:46:36 AM
 #117

Bitcoin needs some competitors to show people how good it is. Competitors make Bitcoin better.


 
 
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Yakamoto
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February 28, 2016, 01:52:52 AM
 #118

surely, i dont know what will happen if bitcoin without altcoin.
but I was curious. whether they are related to each other?  Huh
There isn't much of a connection between Bitcoin and altcoins, aside from the already mentioned "symbiosis" or having one improve the other, either through value or via technology.

Bitcoin would probably some of the same today if it didn't have altcoins, as they are primarily other experiments or sources of value.
coinplus
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February 29, 2016, 12:58:53 PM
 #119

Bitcoins without altcoins wont be as interesting as they are right now, We wont have anything to exchange for BTC and make profit, in fact many people make good profits with altcoins trading.
EdenHazard
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February 29, 2016, 03:17:49 PM
 #120

I just wanted to get your opinions on this one , what do you think Bitcoin would be if there was no Alternative coins such Litecoin & Dogecoin and the others ...
I mean it would be better with or without them Bitcoin would have no value at all ?
if nothing else altcoin,then bitcoin will be the only one crypto currency who used and transacted in this world,but market exchange maybe will not exist,its quite for traders,because they only trade bitcoin to rel money or paypal.

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