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Author Topic: Bitcoin without Altcoin ?  (Read 67952 times)
futurebillions
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August 09, 2016, 08:57:13 AM
 #641

bitcoin without altcoins is just like dollar without poundsterling, euro, or anything else.
to trade a commodity, we need an alternate to compare the quality (price) when it flooring on the market.

+1, they helped each other, inclduing money exchanging, and altcoins are faster than bitcoin, some smart contracts are used in real life.
Senor.Bla
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August 09, 2016, 10:01:20 AM
 #642

bitcoin without altcoins is just like dollar without poundsterling, euro, or anything else.
to trade a commodity, we need an alternate to compare the quality (price) when it flooring on the market.

+1, they helped each other, inclduing money exchanging, and altcoins are faster than bitcoin, some smart contracts are used in real life.

i agree that some of them are useful, since they have a different aim and goal then bitcoin. but i do not thing we need them to compare the quality (price).
imagine the whole world would use just one currency. it would be a lot easier and you could still have different prices for food in different regions of the world.

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August 09, 2016, 10:05:05 AM
 #643

bitcoin without altcoins is just like dollar without poundsterling, euro, or anything else.
to trade a commodity, we need an alternate to compare the quality (price) when it flooring on the market.
yeah to make bitcoin to the top cryptocurrency it needs alternatives to compare. The reason that it will be extremely difficult for any altcoin to gain a larger share of the market than Bitcoin is the reality that Bitcoin’s much larger market cap is actually what allows it to hold onto that top spot.
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August 09, 2016, 08:45:19 PM
 #644

There is still lot of room for many good coins and this diversity is healthy for bitcoin and for users. They can choose which technology is best for them, if they want fast transaction or anonymity.
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August 10, 2016, 03:10:26 AM
 #645

Bitcoin always need an alt coin to compare with it is like fiat in each country if there is only one fiat in all country you can not determine the standard economy of each country like in crypto currency we all know that bitcoin is the best digital coin because bitcoin dominates all alt coin its value is huge and continuously increasing.
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August 10, 2016, 03:47:34 AM
 #646

Bitcoin always need an alt coin to compare with it is like fiat in each country if there is only one fiat in all country you can not determine the standard economy of each country like in crypto currency we all know that bitcoin is the best digital coin because bitcoin dominates all alt coin its value is huge and continuously increasing.

that is not true at all.
nobody ever compares bitcoin with altcoins and if you do, you are doing a wrong thing. it is like comparing apples and oranges. because all the altcoins so far have been a pump and dump scheme and died after a while.

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August 10, 2016, 03:55:43 AM
 #647

Bitcoin always need an alt coin to compare with it is like fiat in each country if there is only one fiat in all country you can not determine the standard economy of each country like in crypto currency we all know that bitcoin is the best digital coin because bitcoin dominates all alt coin its value is huge and continuously increasing.

that is not true at all.
nobody ever compares bitcoin with altcoins and if you do, you are doing a wrong thing. it is like comparing apples and oranges. because all the altcoins so far have been a pump and dump scheme and died after a while.


Right, because bitcoin and altcoin I think is very different. Bitcoin can live without altcoin, but altcoin without bitcoin will die.
Because the altcoin price is still cheap then it can be very easy to dump and pump by dev or a group, in contrast to the bitcoin price is already high in this case would be difficult to pump and dump bitcoin for people who have little capital haha.

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CrimBit
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August 10, 2016, 04:14:10 AM
 #648

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 ?

alternative coin make bitcoin more strong in marketcap and volume.
in fact im sure all people who Interesting with bitcoin will know altcoin and sometimes use it too.
pooya87
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August 10, 2016, 05:07:43 AM
 #649

Bitcoin always need an alt coin to compare with it is like fiat in each country if there is only one fiat in all country you can not determine the standard economy of each country like in crypto currency we all know that bitcoin is the best digital coin because bitcoin dominates all alt coin its value is huge and continuously increasing.

that is not true at all.
nobody ever compares bitcoin with altcoins and if you do, you are doing a wrong thing. it is like comparing apples and oranges. because all the altcoins so far have been a pump and dump scheme and died after a while.

Right, because bitcoin and altcoin I think is very different. Bitcoin can live without altcoin, but altcoin without bitcoin will die.
Because the altcoin price is still cheap then it can be very easy to dump and pump by dev or a group, in contrast to the bitcoin price is already high in this case would be difficult to pump and dump bitcoin for people who have little capital haha.

well, i don't like this either Smiley
i don't see things only as black and white. altcoins won't die without bitcoin.
there are actually many good innovations in altcoins too, i am not going to name any names because it will attract a lot of hate but you can check out some of the old altcoins in the altcoin announcement boards and see some good projects with good innovations.
although this doesn't mean they haven't been getting pump and dumped !

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Next BillG
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August 12, 2016, 06:16:24 PM
 #650

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 ?

alternative coin make bitcoin more strong in marketcap and volume.
in fact im sure all people who Interesting with bitcoin will know altcoin and sometimes use it too.

I mine the altcoin such as Ethereum. Then I sell the Etheruem to buy the bitcoin. That increases the bitcoin price.
Haruderty
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August 15, 2016, 04:58:19 PM
 #651

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 ?

alternative coin make bitcoin more strong in marketcap and volume.
in fact im sure all people who Interesting with bitcoin will know altcoin and sometimes use it too.

I mine the altcoin such as Ethereum. Then I sell the Etheruem to buy the bitcoin. That increases the bitcoin price.

I did the same. Mining altcoin is the way to get some bitcoin. I  then use the bitcoin to buy graphics cards to mine more ETH.
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August 16, 2016, 11:52:50 AM
 #652

I can't see bitcoin being that much affected without altcoins, Bitcoin is still the core and the main thing and I think it can easily recover if altcoins diminish or lose their popularity, I doubt the opposite (if bitcoin is gone) would be true since BTC is the pricing item for each new altcoins (And those trying to change that like Ripples are not working).

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August 16, 2016, 12:26:11 PM
 #653

I can't see bitcoin being that much affected without altcoins, Bitcoin is still the core and the main thing and I think it can easily recover if altcoins diminish or lose their popularity, I doubt the opposite (if bitcoin is gone) would be true since BTC is the pricing item for each new altcoins (And those trying to change that like Ripples are not working).

Without altcoins there was less people into bitcoin, both complement each other, but remember that bitcoin is the only thing that is worth investing in.
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August 16, 2016, 12:31:16 PM
 #654

Those alt coin has a great contribution to increase the value of bitcoin because only bitcoin is accepted crypto currency in online shopping even in exchanging into fiat that is why if there is not alt coin i think bitcoin price is not going to high like what price now.

I agree that altcoin have great contribution in bitcoin value.  It promotes BTC whenever altcoin is promiting itself.  Since lots of altcoin cannot be sold directly to fiat money, and only bitcoin is the only way, it give buy pressure on Bitcoin and at the same time sell pressure that makes  bitcoin trading  economy move.

It is not that much important thing for bitcoin , as those who will adopt altcoin will be the experts of bitcoins, so he will already have good knowledge of bitcoin we do not know about bitcoin because of altcoins but we know about altcoins because of altcoins, so bitcoin is not dependable on altcoins, but altcoins need the support of bitcoins.
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August 16, 2016, 12:37:50 PM
 #655

Those alt coin has a great contribution to increase the value of bitcoin because only bitcoin is accepted crypto currency in online shopping even in exchanging into fiat that is why if there is not alt coin i think bitcoin price is not going to high like what price now.

I agree that altcoin have great contribution in bitcoin value.  It promotes BTC whenever altcoin is promiting itself.  Since lots of altcoin cannot be sold directly to fiat money, and only bitcoin is the only way, it give buy pressure on Bitcoin and at the same time sell pressure that makes  bitcoin trading  economy move.

It is not that much important thing for bitcoin , as those who will adopt altcoin will be the experts of bitcoins, so he will already have good knowledge of bitcoin we do not know about bitcoin because of altcoins but we know about altcoins because of altcoins, so bitcoin is not dependable on altcoins, but altcoins need the support of bitcoins.

You are right, bitcoin is not dependable on altcoins, but altcoins depend on bitcoins, as if an altcoin die, no one will leave bitcoin and will continue with other altcoins also, but if bitcoin die then no one will every believe on any altcoin and the world of crypto will be finish.
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August 16, 2016, 02:05:03 PM
 #656

Those alt coin has a great contribution to increase the value of bitcoin because only bitcoin is accepted crypto currency in online shopping even in exchanging into fiat that is why if there is not alt coin i think bitcoin price is not going to high like what price now.

I agree that altcoin have great contribution in bitcoin value.  It promotes BTC whenever altcoin is promiting itself.  Since lots of altcoin cannot be sold directly to fiat money, and only bitcoin is the only way, it give buy pressure on Bitcoin and at the same time sell pressure that makes  bitcoin trading  economy move.

It is not that much important thing for bitcoin , as those who will adopt altcoin will be the experts of bitcoins, so he will already have good knowledge of bitcoin we do not know about bitcoin because of altcoins but we know about altcoins because of altcoins, so bitcoin is not dependable on altcoins, but altcoins need the support of bitcoins.

You are right, bitcoin is not dependable on altcoins, but altcoins depend on bitcoins, as if an altcoin die, no one will leave bitcoin and will continue with other altcoins also, but if bitcoin die then no one will every believe on any altcoin and the world of crypto will be finish.

Hmmm. Is that really it? Though bitcoin is really popular there are some that are also getting the hang of it. But I dont know really, just my opinion.
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August 17, 2016, 12:15:54 AM
 #657

If there is no alternative to coins as possible litecoin & dogecoin bitcoin market there would be no demand for the sale value of bitcoin itself is very expensive.
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August 17, 2016, 12:28:22 AM
 #658

bitcoin without altcoin less attractive, and not good for the development community, examples in bitcointalk who hold regular signature campaign continuously is new altcoin launch
you imagine going to a lot bitcoin exchangers of death if only  are outstanding
there may be little huobi okcoin and market placed exchanger local
well I agree bitcoin is the beneficiary of any other altcoin that go to market. Every altcoin made had a chance to trade to bictoin and the bitcoin pice always moving up and down, thats the mostly use of bitcoin trade with other altcoin if many altcoin will build many bitcoin will be needed to make it pump. Other altcoin cannot trade with Fiat.

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August 17, 2016, 12:28:48 AM
 #659

If there is no alternative to coins as possible litecoin & dogecoin bitcoin market there would be no demand for the sale value of bitcoin itself is very expensive.
I think even bitcoin will have a low price and will not be controlled. altcoin function also is a price comparison for bitcoin. altcoin very important for the development of the bitcoin market.
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August 17, 2016, 12:36:56 AM
 #660

If there is no alternative to coins as possible litecoin & dogecoin bitcoin market there would be no demand for the sale value of bitcoin itself is very expensive.
I think even bitcoin will have a low price and will not be controlled. altcoin function also is a price comparison for bitcoin. altcoin very important for the development of the bitcoin market.

altcoin is supporting bitcoin comunity, each people who have new project need more money with altcoin he can running ICO system for get capital for building his project.
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