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Author Topic: Bitcoin without Altcoin ?  (Read 67958 times)
pooya87
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May 12, 2016, 03:08:01 AM
 #361

One or two complementary coins might be good, like doge, ltc, Dash, but there are waaaaay too many.  And bitcoin itself could exist just fine without any of the alternatives.  I think there definitely should be others.  When that confirmation time slowdown happened last year, all of the other coins could be sent much faster.

I disagree. Some of the other networks are way more practical for higher volumes of transactions than btc, such as doge and ltc. Now that the world is aware of the efficiency of value transfer via blockchain, you have to offer a few different flavors or everyone will get bored Smiley

there is always some kind of problem with those other coins though. it is not like they are flawless. for example coins like Doge or even the Ethereum the biggest problem is that there is just a lot of these coins available so this means that there is always a massive supply against a small demand which will produce an ever dropping price and nobody likes that.
and the problems don't stop here, there are other technical problems too with many of these altcoins.

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diodio5
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May 12, 2016, 10:29:34 AM
 #362

The bitcoin without the altcoins would not be good a tall if you ask me, I even think it would be bad for the whole bitcoin market.
We could not also trade anymore with nice profits...
What do you think bitcoin live because altcoin? I think altcoin only variations for another coin. and the use of altcoin are only traders? and the volume in market altcoin is not too large. I think if bitcoin without altcoin. may not be a major influence on his own bitcoin.

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May 12, 2016, 11:36:35 AM
 #363

i think the two different options bitcoin and altcoin, if there is no alt coin then there will be so many other trasection option. but we cannot say that bitcoin is impossible with out altcoin.
Next BillG
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May 13, 2016, 06:50:04 AM
 #364

i think the two different options bitcoin and altcoin, if there is no alt coin then there will be so many other trasection option. but we cannot say that bitcoin is impossible with out altcoin.

For the time being, the most usage of the bitcoin is for it to be used in altcoin trading. its actual use is still small.
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May 13, 2016, 06:57:07 AM
 #365

i think the two different options bitcoin and altcoin, if there is no alt coin then there will be so many other trasection option. but we cannot say that bitcoin is impossible with out altcoin.

For the time being, the most usage of the bitcoin is for it to be used in altcoin trading. its actual use is still small.

Your wrong with that because bitcoin is the first made crypto currency and it really pump without relying on any other altcoins and their are some other altcoin made to be traded to bitcoin so that they can earn money, and truly i can say bitcoin is relying tonreal cash not in altcoins.


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maudevang
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May 13, 2016, 07:06:06 AM
 #366

Bitcoin is getting more people that you see that people is reducing Altcoin in using and that is bad because Bitcoin is also getting more acceptable so that is nice.
And the value is also now going to be higher slowly so that is nice for the people who already have Bitcoin.
Cyaren
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May 13, 2016, 07:07:43 AM
 #367

Altcoins are not needed. Bitcoin is the core of things. Altcoins are just blatant copies of bitcoin.
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May 13, 2016, 10:59:49 AM
 #368

Bitcoin without altcoin is like coffee without sugar, it is good for bitcoin to have competition to other altcoin to be exceel and really good for that is the price and exchange, many people are indulging in tradings now and thats why altcoins are really important to bitcoin.


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blackmachinegun
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May 13, 2016, 11:38:44 AM
 #369

Altcoins do not help bitcoins in any way.Actually it is the other way around.Without bitcoin, altcoins can not exist.Bitcoin can do without them
nope i think there are some who have a market altcoin or rate against the dollar dude. example you could trade litecoin to dollars without requiring with bitcoin? it proves that not all altcoin rely on bitcoin ?
I think if altcoin missing will be little effect on bitcoin
raphma
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May 13, 2016, 12:55:23 PM
 #370

I do agree we have to many altcoins right now, but saying that we dont need any or they are all bad is too much.
Inovation is not easy, and with a big market it will happen more often them if we had only bitcoin or just a few.

So yeah, they are needed. monero, dash, ethereum, vcash etc etc... they bring something new that might become crucial at some point of crypto development.
phreaky
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May 13, 2016, 01:23:53 PM
 #371

Altcoins are not needed. Bitcoin is the core of things. Altcoins are just blatant copies of bitcoin.

You are partly right about this but the fact is that altcoins are very profitable sometimes if you trade them so I also think the price will lower a bit if there where no altcoins.
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May 13, 2016, 02:01:21 PM
 #372

As you can see you see also that Bitcoin is getting more worth and that is perfect because you also see that it is becoming more acceptable so that is also perfect.
But nobody will know what the value will be and that is the problem of Bitcoin because that must change.

bitraine
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May 13, 2016, 03:02:06 PM
 #373

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 ?

for me bitcoin with altcoin is better although most are scams . developers and promoter is up for your bitcoins just for their own financial benifits
however you can you can grow your bitcoin into ten folds  if you know how to trade.
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May 13, 2016, 03:10:28 PM
 #374

I can not imagine what would happen without altcoin bitcoin. I feel that 30% of stocks held bitcoin currently exists on the market altcoin, they use it for transactions altcoin or play trade. I also have a hunch that someday one altcoin will replace the position held by the current bitcoin

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Rizky Aditya
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May 14, 2016, 12:11:48 AM
 #375

Bitcoin is the main cryptocurrency because it is the best cryptocurrency. The Altcoins didn't really make much competition for Bitcoin so they really didn't do anything for Bitcoin.
Kollor
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May 14, 2016, 04:06:04 AM
 #376

Bitcoin is the main cryptocurrency because it is the best cryptocurrency. The Altcoins didn't really make much competition for Bitcoin so they really didn't do anything for Bitcoin.

In terms of price and value, well, alt coins have no match to bitcoin..But IMO, they still contribute to bitcoins success...Most of those who can't afford to buy bulk bitcoin and no rigs capable of mining bitcoin, they buy altcoins or mine them and wait til the price of those alt coin peak and then sell it and invest their profit to bitcoin, by that, bitcoin still benefit from those altcoins... But I think, even without them, bitcoin would still succeed...
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May 14, 2016, 04:25:11 AM
 #377

Bitcoin is the main cryptocurrency because it is the best cryptocurrency. The Altcoins didn't really make much competition for Bitcoin so they really didn't do anything for Bitcoin.

In terms of price and value, well, alt coins have no match to bitcoin..But IMO, they still contribute to bitcoins success...Most of those who can't afford to buy bulk bitcoin and no rigs capable of mining bitcoin, they buy altcoins or mine them and wait til the price of those alt coin peak and then sell it and invest their profit to bitcoin, by that, bitcoin still benefit from those altcoins... But I think, even without them, bitcoin would still succeed...
I full agre with you altcoins allowed people that couldnt afford to buy bitcoins directly to collect altcoins and exchange them to bitcoins,the big benefict around altcois is the pump and dump.
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May 14, 2016, 04:56:43 AM
 #378

In my opinion the possibility of a lot of people do trading Bitcoin/Dollar or Bitcoin/local currency, so it can make bitcoin price rise very high.
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May 14, 2016, 04:58:49 AM
 #379

my opinion if no altcoin then bitcoin unpredictable price, bitcoin has no comparison and the most important is bitcoin does not have a high price. because trafing bitcoin very limited without altcoin.
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May 14, 2016, 05:11:53 AM
 #380

Some people are exaggerate the influence of altcoins on bitcoin market. Most of existing altcoins has zero, literally zero impact on anything.
There are maybe 3 to 4 altcoins right now developed by serious teams of people for some purpose other than pump and dump scheme.
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