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Author Topic: Bitcoin without Altcoin ?  (Read 67952 times)
buddu
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June 21, 2016, 07:39:39 PM
 #501

Bitcoin doesn't need altcoins because it was making its way by its own.Altcoins are dependent on Bitcoin which has been seen over and over again on every rise in price of Bitcoin.Bitcoin will always rule the digital/crytpocurrencies no matter how advanced they will be in tech but still will remain under Bitcoin.
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June 21, 2016, 07:43:21 PM
 #502

Bitcoin still will keep continue its superiority even there will not be any single altcoin.Bitcoin is first which make it prime and they way it evolved give it all strength.It is to live and grow with the time and will be used to set up value for alt coins in future exact like gold works for fiat money.Bitcoin alone is everything.
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June 21, 2016, 10:04:31 PM
 #503

Bitcoin is first cryptocurrency than altcoin , so it doesn't matter if bitcoin without altcoin.
But if altcoin without bitcoin , this makes problem. Bitcoin just like base for other coin

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June 23, 2016, 06:29:11 AM
 #504

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 ?

I think it will be bad if their is no altcoins because it will affect to our daily profit because by trading altcoins in altcoin public exchanges can help us to earn big amount of bitcoins weekly depending on the trend of altcoin that we choose.
Yes, that will create more transactions while trading as more buying and selling there is more chances of getting to higher price of bitcoin so we can get more profits. without altcoins it is definite that bitcoin will not gain more popularity !
Without altcoins you can say that your trade will be affected and your profit will be reduced, but you cannot say that it will be bad for bitcoin, as it will affect bitcoin but not negatively as it will bring success to bitcoin.

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June 23, 2016, 06:58:37 AM
 #505

In the process of promoting altcoins to market their developers have focused on the benefits of this cryptocurrency to Bitcoins. As an example, a smaller amount of time required to confirm the operation. In addition, all payments are characterized by a high level of anonymity.
most of altcoins bench. In fact, they do not provide any new features and available options can be easily implemented using the sidechain.
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June 23, 2016, 07:19:10 AM
 #506

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 ?

I think it will be bad if their is no altcoins because it will affect to our daily profit because by trading altcoins in altcoin public exchanges can help us to earn big amount of bitcoins weekly depending on the trend of altcoin that we choose.
Yes, that will create more transactions while trading as more buying and selling there is more chances of getting to higher price of bitcoin so we can get more profits. without altcoins it is definite that bitcoin will not gain more popularity !
Without altcoins you can say that your trade will be affected and your profit will be reduced, but you cannot say that it will be bad for bitcoin, as it will affect bitcoin but not negatively as it will bring success to bitcoin.

this is just the open source nature of bitcoin that makes it so anybody can copy the code and make their own. so as long as they are just copying the code it has not effect on bitcoin and if the code is different from scratch then again it has no effect on bitcoin because it is different.

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June 23, 2016, 08:03:18 AM
 #507

Bitcoin is first cryptocurrency than altcoin , so it doesn't matter if bitcoin without altcoin.
But if altcoin without bitcoin , this makes problem. Bitcoin just like base for other coin
that's right altcoin will not going to give affect to bitcoin but altcoin still count on bitcoin,every altcoin user always exchanging his altcoin to bitcoin at the end no matter how popular the altcoin is

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June 23, 2016, 08:18:42 AM
 #508

well unprofitable why? mining difficulty increases and mining equipment becomes obsolete as the time goes by your electricity bill increases secondly altcoin promote bitcoin and it gives impact on its price and without altcoin, bitcoin will not survive

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June 24, 2016, 06:10:45 AM
 #509

Bitcoin is first cryptocurrency than altcoin , so it doesn't matter if bitcoin without altcoin.
But if altcoin without bitcoin , this makes problem. Bitcoin just like base for other coin
that's right altcoin will not going to give affect to bitcoin but altcoin still count on bitcoin,every altcoin user always exchanging his altcoin to bitcoin at the end no matter how popular the altcoin is
Hey look you know what every user trades their valuables for, perhaps I can contract you to figure out what my girlfriend is spending the coin I gave her on. 

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June 24, 2016, 06:40:42 AM
 #510

Bitcoin without altcoin may be less profitable. cause if that happened we wont have trading sites, like yobit. and if we dont have yobit we do not have signature campaign so it is less profitable
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June 24, 2016, 07:50:40 AM
 #511

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 ?

I think it will be bad if their is no altcoins because it will affect to our daily profit because by trading altcoins in altcoin public exchanges can help us to earn big amount of bitcoins weekly depending on the trend of altcoin that we choose.
Yes, that will create more transactions while trading as more buying and selling there is more chances of getting to higher price of bitcoin so we can get more profits. without altcoins it is definite that bitcoin will not gain more popularity !
Without altcoins you can say that your trade will be affected and your profit will be reduced, but you cannot say that it will be bad for bitcoin, as it will affect bitcoin but not negatively as it will bring success to bitcoin.

this is just the open source nature of bitcoin that makes it so anybody can copy the code and make their own. so as long as they are just copying the code it has not effect on bitcoin and if the code is different from scratch then again it has no effect on bitcoin because it is different.
Honestly bitcoin is the main source why altcoin is there..  but they can not copy the whole thing for bitcoin.. they are just copy the concept of bitcoin.
Altcoin are giving more effect for bitcoin because many investor in altcoin after that they will convert again back to bitcoin thats why price of bitcoin is increasing..

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June 24, 2016, 01:18:27 PM
 #512

the 2nd best crypto coin to mine/buy that worth something is ethereum (ETH).
its @ $14USD, and u can use your GPU to mine, unlike bitcoin u need super asic or cloudmining, to even make it worthy.
invest in #ethereum or bitcoin cloudmining!

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June 24, 2016, 02:56:03 PM
 #513

the 2nd best crypto coin to mine/buy that worth something is ethereum (ETH).
its @ $14USD, and u can use your GPU to mine, unlike bitcoin u need super asic or cloudmining, to even make it worthy.
invest in #ethereum or bitcoin cloudmining!


I might somehow agree with what you have said and then you said "Invest in #etherum or bitcoin cloudmining!" You were anti-cloud mining at first and then at the end you said invest in it? Regardless if you support it or not, cloudmining sites are basically ponzi sites. Don't fall victim into one of those sites because they are just using the money of the previous investors to pay the new ones. If there are no more investors coming in, they will surely close down.

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June 24, 2016, 02:58:25 PM
Last edit: June 24, 2016, 03:09:35 PM by escrowboy
 #514

Bitcoin doesn't need altcoins because it was making its way by its own.Altcoins are dependent on Bitcoin which has been seen over and over again on every rise in price of Bitcoin.Bitcoin will always rule the digital/crytpocurrencies no matter how advanced they will be in tech but still will remain under Bitcoin.
I agree, bitcoin is the godfather, it is the father of all the altcoins. Without bitcoin it is impossible to have those altcoin that born around. And bitcoin is the longest coin that's been running eversince it's way it started. There are ups and downs of it but look at the bitcoin, it's still pushing it's way up and making a lot of progress.
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June 24, 2016, 03:02:13 PM
 #515

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 ?
I don't think there would be so fun left if there are no altcoins at all.
As if you are arbitrage trader and want to transfer your bitcoins to different exchange then what you should do is that convert them to an altcoin with less block time and then transfer those to different exchange and convert them back to bitcoins, its easy as hell  Wink

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June 24, 2016, 07:21:56 PM
 #516

the 2nd best crypto coin to mine/buy that worth something is ethereum (ETH).
its @ $14USD, and u can use your GPU to mine, unlike bitcoin u need super asic or cloudmining, to even make it worthy.
invest in #ethereum or bitcoin cloudmining!


I might somehow agree with what you have said and then you said "Invest in #etherum or bitcoin cloudmining!" You were anti-cloud mining at first and then at the end you said invest in it? Regardless if you support it or not, cloudmining sites are basically ponzi sites. Don't fall victim into one of those sites because they are just using the money of the previous investors to pay the new ones. If there are no more investors coming in, they will surely close down.

Pretty much Cheesy  I have a first hand experience o n those cloudmining shuts down.  They make you believe that they have mining farm, will show you lots of borrowed picture of miners. Then you invest and buy hashes.  And now your trap in their ponzi scheme LOL.  They are just paying you with what you paid them but the worst is, it was just a nano part of what you have invested to them.\

As to the topic Bitcoin without altcoin is boring, less fun and less excitement.  And less adoption and promotion for Bitcoin too.

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takingthis4
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June 24, 2016, 07:45:09 PM
 #517

I think Bitcoin without altcoin is possible..
Not like Vice versa.. Without Bitcoin.. Altcoins are useless
of course bitcoin could be easily without any altcoins because bitcoin is the main currency that is used by most of the people and the currency that has a lot of potential to grow pretty soon

i think that all the altcoins give people a great possibility to make a lot of money that means that altcoins attract a lot of new people to bitcoins, though it would still possible for bitcoins to exist

 
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groll
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June 25, 2016, 02:20:31 AM
 #518

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 we check on history bitcoin is the first altcoin cryptocurrency that appeared on the market. It just implies that bitcoin is independent from any altcoins, it can exist in itself. Even witout other altcoins bicoin will still have a value because the existence of other altcoins is not the basis of bitcoins price but the principle of buy and sell.
DOGE12321
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June 25, 2016, 02:20:36 AM
 #519

I think the main effect it is going to have on Bitcoin is the increase in the price. If there were no Altcoin, then there will be more demand for BTC. Therefore, the price will surge up to around 2000. This is my logical thinking. Correct me if I am wrong.  Wink
goinmerry
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June 25, 2016, 02:50:04 AM
 #520

Some people supports bitcoin because they have created their own coin. That is not bad at all. If they are risking something so that they will also profit from bitcoin enhancement then there is no problem with altcoin.
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