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Author Topic: Bitcoin without Altcoin ?  (Read 67952 times)
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September 01, 2016, 09:49:50 PM
 #681

Most of the altcoins start with a crowdfunding and with investing (ICO) at most of these funds are accumulated in bitcoin.
By this not only that these altcoins become popular but also bitcoin become more popular because through bitcoin they are investing in another cryptocurrency.
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September 01, 2016, 10:07:23 PM
 #682

Without altcoin, some people would have very few bitcoins, because many of them obtained the bitcoins mainly by mining different altcoins and selling them for bitcoin in the market.

And the traders also increase the amount of their bitcoins with altcoins, they buy cheaper altcoins which will have the potential to increase in value more than a hundred or thousand percent, and after its pump they sell these altcoins for bitcoin and with a lesser amount of investment they get a higher amount of bitcoins.
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September 02, 2016, 12:17:20 AM
 #683

A lot of people will disagree but having a wide variety of cryptocurrencies to choose from demonstrates that Bitcoin is, in fact, the superior cryptocurrency in a free market.

The only way Bitcoin wouldn't have been forked into altcoins is if it was closed source. If it was closed source, it would have never gained any popularity because it couldn't have been trusted.

In short - "competitors" to Bitcoin (I don't see them that way) were inevitable. All of them, even those that were built from the ground up, simply replicate Bitcoin's core features in interesting ways.

Variety in the cryptocurrency markets is a good thing.

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September 02, 2016, 12:41:46 AM
 #684

Most of the altcoins start with a crowdfunding and with investing (ICO) at most of these funds are accumulated in bitcoin.
By this not only that these altcoins become popular but also bitcoin become more popular because through bitcoin they are investing in another cryptocurrency.

Indeed. Maybe doubling bitcoin could be possible in investing with altcoins. They have been looking for a way to double it, it might not be that fast but it could happen if the invested alt will really shine.

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September 02, 2016, 01:00:26 AM
 #685

Most of the altcoins start with a crowdfunding and with investing (ICO) at most of these funds are accumulated in bitcoin.
By this not only that these altcoins become popular but also bitcoin become more popular because through bitcoin they are investing in another cryptocurrency.

Indeed. Maybe doubling bitcoin could be possible in investing with altcoins. They have been looking for a way to double it, it might not be that fast but it could happen if the invested alt will really shine.

I think if altcoin didn't exist, you will get that profit or even more in just staking bitcoin. Because the volume that stake in alt coin is very big and if that amount is stake in bitcoin. I think bitcoin price will go to the moon and the daily average trade is always above expected because we are all focus on bitcoin. Smiley

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September 02, 2016, 01:07:41 AM
 #686

Without altcoin, some people would have very few bitcoins, because many of them obtained the bitcoins mainly by mining different altcoins and selling them for bitcoin in the market.

And the traders also increase the amount of their bitcoins with altcoins, they buy cheaper altcoins which will have the potential to increase in value more than a hundred or thousand percent, and after its pump they sell these altcoins for bitcoin and with a lesser amount of investment they get a higher amount of bitcoins.
Altcoins are the fast way to became rich, or make a great income all months, besides that i do risk some of my bitcoins into some altcoins i believe can bring me good results. On the last days altcoins are saying, hey im here and i can grow but i need your attention, and investment.
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September 02, 2016, 01:12:39 AM
 #687


I think if altcoin didn't exist, you will get that profit or even more in just staking bitcoin. Because the volume that stake in alt coin is very big and if that amount is stake in bitcoin. I think bitcoin price will go to the moon and the daily average trade is always above expected because we are all focus on bitcoin. Smiley
Yeah , that's because many companies if only bitcoin exist  they are only work and invest on bitcoins and not busy working their created altcoins. But only if altcoin doesn't exist different uses or ideas will be not applicable to the market as ethereum companies and devs are great  minds to this coin development .


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September 02, 2016, 02:28:36 AM
 #688

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 ?

Altcoin is really a big helped  into bitcoin, Bitcoin was being promoted worldwide rapidly, though they clone it because the price is too high but they a lot of things in promotional, and with altcoins bitcoin community has been established so much in places all over places in the world.
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September 02, 2016, 02:21:25 PM
 #689

Every altcoin plays a vital part n bitcoin not only as a opponet/compitator but more as a price effector like we have seen whenever btc price gets increased other altcoins got decreased
all have their respective roles in the world of cryptocurrency
i cannot agree with that to be honest, because in my opinion bitcoin would be good without altcoin too as in my opinion bitcoin is really strong
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September 03, 2016, 10:35:39 AM
 #690

I think bitcoin would remain pretty much the same thing, Although alt-coins are a plus since it allows more options I doubt it would have a big negative impact if it disappears, The opposite "Alt-coins without bitcoins" is almost impossible to remember since they are even valued in BTC.
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September 03, 2016, 10:40:24 AM
 #691

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 ?

Looking at the situation now seems like bitcoin wouldn't have been as much popular as it is now because trading alt coins is one big part of bitcoin and people around the world convert their money into bitcoin just for doing that because it generates profits for them.
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September 03, 2016, 10:44:46 AM
 #692

I think bitcoin would remain pretty much the same thing, Although alt-coins are a plus since it allows more options I doubt it would have a big negative impact if it disappears, The opposite "Alt-coins without bitcoins" is almost impossible to remember since they are even valued in BTC.
i somehow not agree, without alt coin there wont be any alt to btc trading, so the transaction usage is decrease, which is going to cause bitcoin price become smaller, and without alt coin it will be a boring crypto currency world, because we dont have any choice of choosing coin and who knows someday bitcoin is dead then we will still have another coin to use, so alt coin is very useful to bitcoin and to us


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September 03, 2016, 10:49:56 AM
 #693

I think bitcoin would remain pretty much the same thing, Although alt-coins are a plus since it allows more options I doubt it would have a big negative impact if it disappears, The opposite "Alt-coins without bitcoins" is almost impossible to remember since they are even valued in BTC.
i somehow not agree, without alt coin there wont be any alt to btc trading, so the transaction usage is decrease, which is going to cause bitcoin price become smaller, and without alt coin it will be a boring crypto currency world, because we dont have any choice of choosing coin and who knows someday bitcoin is dead then we will still have another coin to use, so alt coin is very useful to bitcoin and to us

I do agree with your view, Altcoin keep the bitcoin trading live as when ever any new altcoin with good features appear to invest in that altcoin users start to buy bitcoins so like this it keeps bitcoin trading live and give more fluctuations in trading.
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September 03, 2016, 12:22:28 PM
 #694

There will always be altcoins, unless sidechains are so powerful that they can do every single thing that every single other altcoin can do... then we may see alts become more irrelevant, but i dont see a scenario where alts disappear 100%.
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September 03, 2016, 01:04:12 PM
 #695

There will always be altcoins, unless sidechains are so powerful that they can do every single thing that every single other altcoin can do... then we may see alts become more irrelevant, but i dont see a scenario where alts disappear 100%.
If altcoin dissapear, exchange will get less profit . but investor for bitcoin will come so much because bitcoin price will rise every time(unstopable).


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September 03, 2016, 01:07:18 PM
 #696

There will always be altcoins, unless sidechains are so powerful that they can do every single thing that every single other altcoin can do... then we may see alts become more irrelevant, but i dont see a scenario where alts disappear 100%.
If altcoin dissapear, exchange will get less profit . but investor for bitcoin will come so much because bitcoin price will rise every time(unstopable).

That is certainly true, but if it altcoin gone then I think that growth will be a little disturbed, bitcoin because altcoin is one of the lines and also the introduction of the bitcoin marketing bitcoin against all those who knew him yet. bitcoin is the master of all cryptocurrency, however if one of the power of the bitcoin is missing then it will be slightly damage the growth of the bitcoin
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September 03, 2016, 01:47:05 PM
 #697

Every altcoin plays a vital part n bitcoin not only as a opponet/compitator but more as a price effector like we have seen whenever btc price gets increased other altcoins got decreased
If there's no altcoin can bitcoin will increase the price or no? i am just little bit confuse because i know bitcoin needs alt coin and i know that the bitcoin is the main father of all altcoin where you can use bitcoin to trade into another coin right? if bitcoin died is alt coin died too?
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September 04, 2016, 10:24:17 AM
 #698

Most of the altcoins start with a crowdfunding and with investing (ICO) at most of these funds are accumulated in bitcoin.
By this not only that these altcoins become popular but also bitcoin become more popular because through bitcoin they are investing in another cryptocurrency.

Indeed. Maybe doubling bitcoin could be possible in investing with altcoins. They have been looking for a way to double it, it might not be that fast but it could happen if the invested alt will really shine.

I haven't invested in any ICO but it contains the risk, because the price after the ico can drop and you can lose.
But also it is a good opportunity to make a profit, I saw many coins that their exchange rate was way to high than the ICO price.
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September 04, 2016, 10:27:43 AM
 #699

Most of the altcoins start with a crowdfunding and with investing (ICO) at most of these funds are accumulated in bitcoin.
By this not only that these altcoins become popular but also bitcoin become more popular because through bitcoin they are investing in another cryptocurrency.

Indeed. Maybe doubling bitcoin could be possible in investing with altcoins. They have been looking for a way to double it, it might not be that fast but it could happen if the invested alt will really shine.

I haven't invested in any ICO but it contains the risk, because the price after the ico can drop and you can lose.
But also it is a good opportunity to make a profit, I saw many coins that their exchange rate was way to high than the ICO price.
Your right i saw many altcoin their after ico they are drop its not recommended honestly to invest in ico because you really dont know what will be the price after the release of the coins.. its risky and you can be lose big amount if you are investing high amount in ico..

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Aamir1
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September 04, 2016, 10:33:43 AM
 #700

Most of the altcoins start with a crowdfunding and with investing (ICO) at most of these funds are accumulated in bitcoin.
By this not only that these altcoins become popular but also bitcoin become more popular because through bitcoin they are investing in another cryptocurrency.

Indeed. Maybe doubling bitcoin could be possible in investing with altcoins. They have been looking for a way to double it, it might not be that fast but it could happen if the invested alt will really shine.

I haven't invested in any ICO but it contains the risk, because the price after the ico can drop and you can lose.
But also it is a good opportunity to make a profit, I saw many coins that their exchange rate was way to high than the ICO price.

You should not wait for long after the ICO finishes because after some time the price would probably drop again but at the moment when ICO finishes the price is always higher then what it was while ICO was running so if you sell them on the right time you can make some good profit with it.
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