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Author Topic: Bitcoin without Altcoin ?  (Read 67960 times)
Babayega31
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November 15, 2016, 08:40:55 AM
 #961

if no altcoin, may not be the trading coin that we know today. there may be, but there would be little option to redeem bitcoin with the existing currency.



I also agree that without altcoin you cannot do trading because its the alternative of bitcoin and you can only use alt coin in the trading market. You can convert your altcoins earned to bitcoin and then to the currency you are using in your country, to make a clear definition altcoins is nothing without the existence of bitcoin and do remember you must use altcoins for tradings of crypto currencies.

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November 15, 2016, 08:46:50 AM
 #962

If bitcoin no other alternative may bitcoin coin will not have a rival. Because bitcoin and other alternative coin is a competitor who continues to want to be better. If bitcoin without coin other alternatives may not be good, because it is definitely bitcoin has no rivals so it is difficult to develop.
You are right and I have noticed that those who have their own coin often try to be against bitcoin as they want their own coin to be the best coin of all crypto currencies.
actually if altcoin no, everyone will focus on bitcoin, however, I think the price of bitcoin will not be as high as today. you know, that many people buy altcoin using bitcoin right? so I feel that altcoin also have an important role in the rise in price of bitcoin. so, if altcoin removed, probably bitcoin prices will drop from the current price

Why the price will drop if will be more people buying bitcoin?

Some coins are just an copy and have nothing different to offer but we can see good projects on blockchain, that's no doubt.
The demand were moving to the bitcoin, and make the alternate coin are less.
Indeed at first all of the alt coin was starting from the code of bitcoin. Even it has got more development from the various developer.

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November 15, 2016, 08:55:04 AM
 #963

if no altcoin, may not be the trading coin that we know today. there may be, but there would be little option to redeem bitcoin with the existing currency.



I also agree that without altcoin you cannot do trading because its the alternative of bitcoin and you can only use alt coin in the trading market. You can convert your altcoins earned to bitcoin and then to the currency you are using in your country, to make a clear definition altcoins is nothing without the existence of bitcoin and do remember you must use altcoins for tradings of crypto currencies.

I think you are only looking at one point here, if you read above your post, it was stated that bitcoin is doing fine until several altcoin where created.  I agree that altcoin gives more exposure to bitcoin.  When it comes to trading, altcoin bitcoin pair is not the only trading pair in the market.  Without altcoin, bitcoin will still trade with other currencies as pair (bitcoin/usd, bitcoin/euro, bitcoin/peso, bitcoin/cny etc.)


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November 15, 2016, 09:08:33 AM
 #964

if no altcoin, may not be the trading coin that we know today. there may be, but there would be little option to redeem bitcoin with the existing currency.



I also agree that without altcoin you cannot do trading because its the alternative of bitcoin and you can only use alt coin in the trading market. You can convert your altcoins earned to bitcoin and then to the currency you are using in your country, to make a clear definition altcoins is nothing without the existence of bitcoin and do remember you must use altcoins for tradings of crypto currencies.

I think you are only looking at one point here, if you read above your post, it was stated that bitcoin is doing fine until several altcoin where created.  I agree that altcoin gives more exposure to bitcoin.  When it comes to trading, altcoin bitcoin pair is not the only trading pair in the market.  Without altcoin, bitcoin will still trade with other currencies as pair (bitcoin/usd, bitcoin/euro, bitcoin/peso, bitcoin/cny etc.)

Bitcoin can survive easily without altcoins, bitcoin have a "good" marketcap, you can trade by any fiat in the world and a lot of others points.

On the other side, altcoins without Bitcoin will have a low visibility and will not reach success, can you imagine an ICO without people putting their Bitcoin?
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November 15, 2016, 09:22:27 AM
 #965

if no altcoin, may not be the trading coin that we know today. there may be, but there would be little option to redeem bitcoin with the existing currency.



I also agree that without altcoin you cannot do trading because its the alternative of bitcoin and you can only use alt coin in the trading market. You can convert your altcoins earned to bitcoin and then to the currency you are using in your country, to make a clear definition altcoins is nothing without the existence of bitcoin and do remember you must use altcoins for tradings of crypto currencies.

I think you are only looking at one point here, if you read above your post, it was stated that bitcoin is doing fine until several altcoin where created.  I agree that altcoin gives more exposure to bitcoin.  When it comes to trading, altcoin bitcoin pair is not the only trading pair in the market.  Without altcoin, bitcoin will still trade with other currencies as pair (bitcoin/usd, bitcoin/euro, bitcoin/peso, bitcoin/cny etc.)

Bitcoin can survive easily without altcoins, bitcoin have a "good" marketcap, you can trade by any fiat in the world and a lot of others points.

On the other side, altcoins without Bitcoin will have a low visibility and will not reach success, can you imagine an ICO without people putting their Bitcoin?
which is right alt coin won't survive because they needed bitcoin users to support them, but in terms of bitcoin it is already established his name and uses so there's no problem anymore even alt coins is not present.
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November 15, 2016, 09:25:27 AM
 #966

if no altcoin, may not be the trading coin that we know today. there may be, but there would be little option to redeem bitcoin with the existing currency.



I also agree that without altcoin you cannot do trading because its the alternative of bitcoin and you can only use alt coin in the trading market. You can convert your altcoins earned to bitcoin and then to the currency you are using in your country, to make a clear definition altcoins is nothing without the existence of bitcoin and do remember you must use altcoins for tradings of crypto currencies.

I think you are only looking at one point here, if you read above your post, it was stated that bitcoin is doing fine until several altcoin where created.  I agree that altcoin gives more exposure to bitcoin.  When it comes to trading, altcoin bitcoin pair is not the only trading pair in the market.  Without altcoin, bitcoin will still trade with other currencies as pair (bitcoin/usd, bitcoin/euro, bitcoin/peso, bitcoin/cny etc.)

Bitcoin can survive easily without altcoins, bitcoin have a "good" marketcap, you can trade by any fiat in the world and a lot of others points.

On the other side, altcoins without Bitcoin will have a low visibility and will not reach success, can you imagine an ICO without people putting their Bitcoin?
which is right alt coin won't survive because they needed bitcoin users to support them, but in terms of bitcoin it is already established his name and uses so there's no problem anymore even alt coins is not present.

That is right Bitcoin without Altcoin is stupid Question, it should be Altcoin without Bitcoin. As Altcoin is nothing without Bitcoin because their valuation is measured with bitcoin mostly
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November 15, 2016, 11:26:48 PM
 #967

if no altcoin, may not be the trading coin that we know today. there may be, but there would be little option to redeem bitcoin with the existing currency.



I also agree that without altcoin you cannot do trading because its the alternative of bitcoin and you can only use alt coin in the trading market. You can convert your altcoins earned to bitcoin and then to the currency you are using in your country, to make a clear definition altcoins is nothing without the existence of bitcoin and do remember you must use altcoins for tradings of crypto currencies.
Without altcoins you will not be able to trade against other cryptocurrencies that is correct, but you could trade any other pair like BTC-USD, BTC-EURO, etc.
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November 20, 2016, 02:16:13 PM
 #968

if no altcoin, may not be the trading coin that we know today. there may be, but there would be little option to redeem bitcoin with the existing currency.



I also agree that without altcoin you cannot do trading because its the alternative of bitcoin and you can only use alt coin in the trading market. You can convert your altcoins earned to bitcoin and then to the currency you are using in your country, to make a clear definition altcoins is nothing without the existence of bitcoin and do remember you must use altcoins for tradings of crypto currencies.
Without altcoins you will not be able to trade against other cryptocurrencies that is correct, but you could trade any other pair like BTC-USD, BTC-EURO, etc.


That is right. The bitcoin is the base coin or currency in the digital world. So It is better to own it than other coins.
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November 22, 2016, 09:01:07 PM
 #969

Bitcoin without Altcoin same like USD currency without any other currencies. We never know bitcoin performance because only one and not have competitors.
Most altcoins do not have a real use case, but they are useful for some things. One of the main uses is for speculation. These cryptos also demonstrate that there is not just one blockchain. That is, if governments try to act against Bitcoin, it will be difficult for them to stop users from continuing to use cryptocurrencies, since there are a lot out there.
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November 23, 2016, 08:09:00 PM
 #970

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 no altcoin will be in the online world then the main problem wilo be earning problem with Bitcoin .
Because i think most of the persons earning with Bitcoin only through trading , if no altcoin will exist then the bitcoiner where do trading ??
If there would no alt coins it will indirectly affect bitcoin, as most of the people are investing their bitcoins in alts coin and making good money, and especially when bitcoin remain stable. So, alt coins really affect bitcoin. Other than this way, technically altcoins support bitcoin's enhancements. Bitcoin needs altcoins always.
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November 26, 2016, 06:25:15 PM
 #971

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 no altcoin will be in the online world then the main problem wilo be earning problem with Bitcoin .
Because i think most of the persons earning with Bitcoin only through trading , if no altcoin will exist then the bitcoiner where do trading ??
If there would no alt coins it will indirectly affect bitcoin, as most of the people are investing their bitcoins in alts coin and making good money, and especially when bitcoin remain stable. So, alt coins really affect bitcoin. Other than this way, technically altcoins support bitcoin's enhancements. Bitcoin needs altcoins always.

However there has been many altcoins that have become scams in the past - ICOs running away, pump and dump schemes and all such stuff.

People even consider bitcoin to turn scam one day like those altcoin, though this is very unlikely.

However in a way I feel that altcoins ruin the image of bitcoin because whatever bad happens with altcoins, people tend to link bitcoin to it, even when bitcoin is nowhere in the picture.

 
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November 27, 2016, 07:41:41 AM
 #972

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 ?
not affect with or without altcoin , bitcoin will big value with many user
because user bitcoin just not to transaction but to their income

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November 27, 2016, 08:45:33 AM
 #973

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 ?

It can still be a succesa with or withou bitcoin . Bitcoin offers a lot of possibilities inhaving profits.

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November 27, 2016, 08:52:11 AM
 #974

if no altcoin, may not be the trading coin that we know today. there may be, but there would be little option to redeem bitcoin with the existing currency.


That is right. The bitcoin is in demand because some people want to buy altcoins. For some altcoin, they can only do this with bitcoin.
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November 27, 2016, 11:38:38 AM
 #975

if no altcoin, may not be the trading coin that we know today. there may be, but there would be little option to redeem bitcoin with the existing currency.


That is right. The bitcoin is in demand because some people want to buy altcoins. For some altcoin, they can only do this with bitcoin.
I am sorry friend, I have different thought. I think people want to buy altcoins becouse they want to gain their bitcoin. Altcoin help bitcoin price to be stable.


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November 30, 2016, 04:16:34 PM
 #976

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 ?
well i feel alt coins not value of bitcoin, bitcoin keep best with or without them

 
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November 30, 2016, 04:22:01 PM
 #977

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 no altcoin will be in the online world then the main problem wilo be earning problem with Bitcoin .
Because i think most of the persons earning with Bitcoin only through trading , if no altcoin will exist then the bitcoiner where do trading ??

I don't see any problem if altcoin does not exist.  People are earning bitcoin because they have skills, may it be trading, programming or marketing.  It's that with altcoin, trading is easier reached because it does not require identity when trading the altcoin / bitcoin pair, unlike bitcoin / national currency pair. If you are asking where will this people trade if altcoin is not around, probably they will be  busy with forex. 
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November 30, 2016, 10:16:03 PM
 #978

Altcoin help bitcoin price to be more stable. And also trading altcoin is one of investment type for bitcoin trader. If no altcoin, bitcoin price will move more quickly against fiat.


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November 30, 2016, 10:35:12 PM
 #979

Altcoin help bitcoin price to be more stable. And also trading altcoin is one of investment type for bitcoin trader. If no altcoin, bitcoin price will move more quickly against fiat.
what is to do with the stability of the price of bitcoin and altcoin it has nothing to do with the price movement or the stability of the coin,bitcoin is highly volatile so is the reason it moves quickly

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November 30, 2016, 10:51:37 PM
 #980

Altcoin help bitcoin price to be more stable. And also trading altcoin is one of investment type for bitcoin trader. If no altcoin, bitcoin price will move more quickly against fiat.
what is to do with the stability of the price of bitcoin and altcoin it has nothing to do with the price movement or the stability of the coin,bitcoin is highly volatile so is the reason it moves quickly
I think not, the price bitcoin movement also infects the coins price, you can look in the exchanger or trading site, because almost all coins trading with bitcoin not with fiat.
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