Slark
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Activity: 1862
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July 16, 2016, 06:07:40 PM |
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It is foolish to think that after creation of bitcoin developers will sit silently watching the situation and won't create tons of additional altcoins.
Actually it is very good to have multiple cryptocurrencies diversity can be motor of changes.
What is interesting is that some people are saying that bitcoin is failing to scale because of that but I think it is not a case here at all.
Every cryptocurrency has its own ecosystem. They are just different things.
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thebetsport
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Activity: 98
Merit: 10
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July 16, 2016, 06:50:57 PM |
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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 ?
which makes bitcoin great as today there are services of altcoin altcoin also raises community on the coin militant and loyal |
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YTBitcoin
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July 16, 2016, 07:35:08 PM |
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I like altcoin as they allow anyone to multiply our bitcoins quick as to loose them, bitcoin without altcoins would maybe get a bigger value, as the market capitalization would be all into just one, but altcoins can make you rich the same way bitcoin made to a few, thats why people play altcoin market.
yeah, the traders love altcoin with bitcoin, if there will be no any altcoin then the traders would trade only with bitcoin and USD which would be a straight trade and the benefit would be limited but now with altcoin all the traders are multiplying their money more faster. |
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PeRo
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July 16, 2016, 07:48:11 PM |
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Only a few Alternatice Coins influence Bitcoin and its price, such as LiteCoin, DogeCoin, and maybe a few others. Other coins like Ethereum, PeerCoin and such are just copies trying to get money of the Bitcoin idea. Bitcoin would probably be the same without them, maybe a little weaker, but there would not be a very big difference than the current state.
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Zadicar
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Activity: 1512
Merit: 1025
DGbet.fun - Crypto Sportsbook
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July 17, 2016, 12:04:53 AM |
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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 ?
In my opinion Bitcoin is independent and altcoins only copy the concept of it. There no such way that altcoin could affect the price of Bitcoin. When there's no altcoin maybe price of Bitcoin would be high but it's better also to have altcoin so that there are more ways to gain btc by doing trading. |
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Doamader
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July 17, 2016, 12:31:13 AM |
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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 ?
In my opinion Bitcoin is independent and altcoins only copy the concept of it. There no such way that altcoin could affect the price of Bitcoin. When there's no altcoin maybe price of Bitcoin would be high but it's better also to have altcoin so that there are more ways to gain btc by doing trading. Look the most here missed the bitcoin born when it were traded at 1 dollar and when it reached 1000 dollars, making some people milionaire instant, soo we are making money on the pumps and dumps at bitcoin, with altcoin he have an opportunity to multiply our bitcoins safe and faster, i doubt if altcoins didnt exist bitcoin price would be soo big. Even with some coins being similiar bitcoin, only it has big support, look at eth it were 250ksatoshis todays its the most traded coin, atleast i believe it is. |
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goinmerry
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Activity: 2940
Merit: 1083
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July 17, 2016, 05:09:27 AM |
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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 ?
In my opinion Bitcoin is independent and altcoins only copy the concept of it. There no such way that altcoin could affect the price of Bitcoin. When there's no altcoin maybe price of Bitcoin would be high but it's better also to have altcoin so that there are more ways to gain btc by doing trading. Look the most here missed the bitcoin born when it were traded at 1 dollar and when it reached 1000 dollars, making some people milionaire instant, soo we are making money on the pumps and dumps at bitcoin, with altcoin he have an opportunity to multiply our bitcoins safe and faster, i doubt if altcoins didnt exist bitcoin price would be soo big. Even with some coins being similiar bitcoin, only it has big support, look at eth it were 250ksatoshis todays its the most traded coin, atleast i believe it is. I dont think those altcoins owners think that way. Of course it is for their own profit. They see a large money come in with bitcoin so duplicating it will be a good chance to be rich. That is one good reason for that. |
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Anon_7716
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July 17, 2016, 05:16:56 AM |
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I like altcoin as they allow anyone to multiply our bitcoins quick as to loose them, bitcoin without altcoins would maybe get a bigger value, as the market capitalization would be all into just one, but altcoins can make you rich the same way bitcoin made to a few, thats why people play altcoin market.
Yeah, it's basically altcoin is a folk and bitcoin is his country. Without the people of a country will not be robust in the face of any challenge that comes along. Altcoin can give you good luck for us and give an advantage to magnify and multiply bitcoin we have. Without altcoin bitcoin will be a breeze then |
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serjent05
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Get $2100 deposit bonuses & 60 FS
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July 17, 2016, 05:11:48 PM |
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In my opinion Bitcoin is independent and altcoins only copy the concept of it. There no such way that altcoin could affect the price of Bitcoin. When there's no altcoin maybe price of Bitcoin would be high but it's better also to have altcoin so that there are more ways to gain btc by doing trading.
I pretty much agree that this two are independent but have a mutualism relationship. One benefits from the other one. Without altcoin, i wont be in bitcoin. Altcoin is one way where people get to know bitcoin. Beside, altcoin gives demand for bitcoin since majority of altcoin can be bought by bitcoin only. |
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Haruderty
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July 18, 2016, 11:42:29 AM |
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In my opinion Bitcoin is independent and altcoins only copy the concept of it. There no such way that altcoin could affect the price of Bitcoin. When there's no altcoin maybe price of Bitcoin would be high but it's better also to have altcoin so that there are more ways to gain btc by doing trading.
I pretty much agree that this two are independent but have a mutualism relationship. One benefits from the other one. Without altcoin, i wont be in bitcoin. Altcoin is one way where people get to know bitcoin. Beside, altcoin gives demand for bitcoin since majority of altcoin can be bought by bitcoin only. In terms of usage as a currency, all the currencies are independent. But I think some people use bitcoin to buy altcoins. |
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Jemzx00
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July 18, 2016, 11:58:26 AM |
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I don't think price of bitcoin will go high if that happen. Just like fiat money we have different kinds of it like USD, Yen, Peso, Pounds, Etc.. and it makes the market of once money's value go up.
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Crazygreek
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July 18, 2016, 12:01:46 PM |
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It will be very hard to trade, cause mostly people trading bitcoins into altcoins and back, also price will be much more higher cause it will be only one crypto currency.
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JeffBrad12
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July 18, 2016, 12:09:59 PM |
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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 ?
In my opinion Bitcoin is independent and altcoins only copy the concept of it. That's right, they(alt coin developer is getting some inspiration from bitcoin and try to copy the concept and testing their luck,with a wish gained of successful like bitcoin). but the bitcoin is faster than them the digital and market is conquered by bitcoin. |
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OrangeSeller
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July 18, 2016, 12:21:55 PM |
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I like altcoin as they allow anyone to multiply our bitcoins quick as to loose them, bitcoin without altcoins would maybe get a bigger value, as the market capitalization would be all into just one, but altcoins can make you rich the same way bitcoin made to a few, thats why people play altcoin market.
this is not true. bitcoin is independent currency but market capitalize won't stay into just one. if altcoin have crated ever then market capitalize still devide into bitcoin and other fiat currency. just see what is going on in bitcoin to fiat trading. altcoins are helping bitcoin to grow up because it opens lots of door of trading and investing. |
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Maesters1-
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July 18, 2016, 02:59:43 PM |
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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 ?
In my opinion Bitcoin is independent and altcoins only copy the concept of it. That's right, they(alt coin developer is getting some inspiration from bitcoin and try to copy the concept and testing their luck,with a wish gained of successful like bitcoin). but the bitcoin is faster than them the digital and market is conquered by bitcoin. yes that is a fact and bicoin has no direct concern with altcoins. the altcoin has no effect of the price or value of bitcoin. these are just the speculation and false news of the people otherwise bitocin itself a stable currency now. |
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avw1982
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July 18, 2016, 03:56:50 PM |
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It will be very hard to trade, cause mostly people trading bitcoins into altcoins and back, also price will be much more higher cause it will be only one crypto currency.
It will be better to say that all other crypto currencies are because of bitcoin only and bitcoin is not because of other crypto currencies. Other crypto currencies came into being after they noticed the success of bitcoin. It do not affect the bitcoin as bitcoin can bitterly stand alone as it was in the start. |
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escrowboy
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July 18, 2016, 04:04:21 PM |
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Only a few Alternatice Coins influence Bitcoin and its price, such as LiteCoin, DogeCoin, and maybe a few others. Other coins like Ethereum, PeerCoin and such are just copies trying to get money of the Bitcoin idea. Bitcoin would probably be the same without them, maybe a little weaker, but there would not be a very big difference than the current state.
Altcoins has different advantages it's depends on their technical behavior. ETH is way has faster confirming transaction than bitcoin. You can't just say they are dependent in bitcoin because I think they can stand alone. |
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Kasmonian
Newbie
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Activity: 36
Merit: 0
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July 25, 2016, 07:01:05 AM |
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Only a few Alternatice Coins influence Bitcoin and its price, such as LiteCoin, DogeCoin, and maybe a few others. Other coins like Ethereum, PeerCoin and such are just copies trying to get money of the Bitcoin idea. Bitcoin would probably be the same without them, maybe a little weaker, but there would not be a very big difference than the current state.
Altcoins has different advantages it's depends on their technical behavior. ETH is way has faster confirming transaction than bitcoin. You can't just say they are dependent in bitcoin because I think they can stand alone. Ethereum is a totally different technology from the bitcoin. It is a currency as well a tool for smart contracts. |
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Zadicar
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Activity: 1512
Merit: 1025
DGbet.fun - Crypto Sportsbook
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July 25, 2016, 07:08:47 AM |
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Only a few Alternatice Coins influence Bitcoin and its price, such as LiteCoin, DogeCoin, and maybe a few others. Other coins like Ethereum, PeerCoin and such are just copies trying to get money of the Bitcoin idea. Bitcoin would probably be the same without them, maybe a little weaker, but there would not be a very big difference than the current state.
Altcoins has different advantages it's depends on their technical behavior. ETH is way has faster confirming transaction than bitcoin. You can't just say they are dependent in bitcoin because I think they can stand alone. They are both crypto currencies but they have differences in some aspects as you said ETH is faster to confirm transaction compare to bitcoin. All altcoins can stand alone same as btc . Altcoin is not dependent on Bitcoin and Bitcoin does not depend also to altcoins but creating an altcoin would be beneficial since you can converts those alts to btc which we can make also money. |
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Viyamore
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July 25, 2016, 07:18:53 AM |
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Only a few Alternatice Coins influence Bitcoin and its price, such as LiteCoin, DogeCoin, and maybe a few others. Other coins like Ethereum, PeerCoin and such are just copies trying to get money of the Bitcoin idea. Bitcoin would probably be the same without them, maybe a little weaker, but there would not be a very big difference than the current state.
Altcoins has different advantages it's depends on their technical behavior. ETH is way has faster confirming transaction than bitcoin. You can't just say they are dependent in bitcoin because I think they can stand alone. Well ,i agree because ethereum is next to bitcoins as not expected when ethereum is at low price now it is even higher and companies are using that coin.more years to come maybe it the second and the most common coin other than bitcoins. |
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