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Author Topic: Bitcoin without Altcoin ?  (Read 67960 times)
Pattart
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February 10, 2017, 06:38:48 AM
 #1221

Bitcoin without the altcoin is not good and it would never came so far without it for sure...
although alt coins are not necessary for bitcoin but still they are providing a little support to bitcoin. as most of the people like to invest their bitcoins in alt coins and for that reason i think alt coins are important for bitcoin.
I think bitcoin does not need Altcoins but I have no problem with the existence of altcoin. although I am a novice trader, but I had some time to get profit from trading bitcoin- altcoin.
true you can see the early months of bitcoin. there may be no other cryptocurrency than bitcoin, but bitcoin can live and thrive, but with the altcoin of course it would be helpful for bitcoin itself
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February 10, 2017, 06:53:49 AM
 #1222

I'm sure, if there is no altcoin then like a man without a woman, bitcoin will die and will not get people interested. Remember, one advantage is the large number of bitcoin altcoin, but I'm sure that one day there will be a coin which replaced the bitcoin.
Agreed, in my view fiat is the man and Bitcoin seems to be the women, and just because of these two several altcoins got into existence. As generations continue one might get overtaken by someone, so possibilities of bitcoin getting replaced by some other coin is possible in the long run.
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February 10, 2017, 06:57:51 AM
 #1223

There's no need for different altcoins in my opinion. I think we all shouldn't bother of alts, many of them will eventually be devaluated, when side chain technology is implemented. At the same time I must give credit where the credit is due, some alts may be useful for example Altcoin which will be tested with Segwit before activation on Bitcoin

you can't acquire more bitcoin with sidechain, so no altcoin will remain because investors need soemthing to do their pump and dump, some of them wil profit other not

altcoin are still good for stacking your bitcoin easily, provided that you are able to identify the good one and the most remunerative
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February 10, 2017, 07:06:14 AM
 #1224

Bitcoin without the altcoin is not good and it would never came so far without it for sure...
although alt coins are not necessary for bitcoin but still they are providing a little support to bitcoin. as most of the people like to invest their bitcoins in alt coins and for that reason i think alt coins are important for bitcoin.
I think bitcoin does not need Altcoins but I have no problem with the existence of altcoin. although I am a novice trader, but I had some time to get profit from trading bitcoin- altcoin.

Bitcoin was open-source from the begining. If you look, you see that everything has it's alt version so why the hell bitcoin would be by way of an exception?
Also nowdays altcoins are mostly in shadow because they can't offer us anything better than bitcoins, plus some altcoin hard forks and that's bad. Real competition is always good and if any altcoin will offer us anything better in future, who knows what will happen? Also on wiki we read "Bitcoin is often called the first cryptocurrency, although prior systems existed".

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February 10, 2017, 07:36:22 AM
 #1225

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 the users of bitcoin will results into down and most of the bitcoiner will think to exit bitcoin work .
Because in the bitcoin the only one and one way to make money is only trading .
You can think yourself easily because if no altcoin exists in the online money world then it became a complicated task to make money through bitcoin only .
So here altcoins are the main factor of the bitcoin and earning of bitcoin is mainly due to the altcoins .
Herr we can say bitcoin is only a way of payment to make deals between altcoin and nothing .
So people will take less interest in bitcoin if the bitcoin  remain in online market without altcoins .

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Harlot
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February 10, 2017, 07:44:50 AM
 #1226

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 the users of bitcoin will results into down and most of the bitcoiner will think to exit bitcoin work .
Because in the bitcoin the only one and one way to make money is only trading .
You can think yourself easily because if no altcoin exists in the online money world then it became a complicated task to make money through bitcoin only .
So here altcoins are the main factor of the bitcoin and earning of bitcoin is mainly due to the altcoins .
Herr we can say bitcoin is only a way of payment to make deals between altcoin and nothing .
So people will take less interest in bitcoin if the bitcoin  remain in online market without altcoins .
I doubt it will affect Bitcoin in a bad way. The creation of Bitcoin made the idea for other Altcoin to be out in the market. And that existence did not devalue Bitcoin in anyway. And I think if there is no Altcoins in the market Bitcoins price will go Up because the demand for all of the crypocurrency will be only for Bitcoin.
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February 10, 2017, 09:00:26 AM
 #1227

As I see it, anything has a value must prove it. The same with bitcoin. Bitcoin is the leader because can compete with the rest crypto coins and get out first. Of course, there are some alts with certain features better or missing from bitcoin but most users prefer only the bitcoin. Many of them have altcoins too, or they test it and return to bitcoin. This gives strength and credit to bitcoin. In addition one can use altcoins because have lower transaction fees, instead of bitcoin in micropayments. Thus, many users stay in crypto and use bitcoin for other reasons.
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February 10, 2017, 09:07:19 AM
 #1228

Bitcoin without the altcoin is not good and it would never came so far without it for sure...
although alt coins are not necessary for bitcoin but still they are providing a little support to bitcoin. as most of the people like to invest their bitcoins in alt coins and for that reason i think alt coins are important for bitcoin.
I think bitcoin does not need Altcoins but I have no problem with the existence of altcoin. although I am a novice trader, but I had some time to get profit from trading bitcoin- altcoin.
true you can see the early months of bitcoin. there may be no other cryptocurrency than bitcoin, but bitcoin can live and thrive, but with the altcoin of course it would be helpful for bitcoin itself
I think it is all just the matter of business.
When someone see there is an opportunity and want to compete with bitcoin then born the first altcoin called namecoin.
And so on , the business keep interesting and growing so fast, then i think almost impossible to see bitcoin stand alone. There will always competition in any business.
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February 10, 2017, 09:54:34 AM
 #1229

There is no comparison and competition surely difficult to judge, I'm sure if not altcoin then bitcoin only traded with price USD so hard looking for profits than trading with altcoin.
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February 10, 2017, 09:58:24 AM
 #1230

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 the users of bitcoin will results into down and most of the bitcoiner will think to exit bitcoin work .
Because in the bitcoin the only one and one way to make money is only trading .
You can think yourself easily because if no altcoin exists in the online money world then it became a complicated task to make money through bitcoin only .
So here altcoins are the main factor of the bitcoin and earning of bitcoin is mainly due to the altcoins .
Herr we can say bitcoin is only a way of payment to make deals between altcoin and nothing .
So people will take less interest in bitcoin if the bitcoin  remain in online market without altcoins .
I doubt it will affect Bitcoin in a bad way. The creation of Bitcoin made the idea for other Altcoin to be out in the market. And that existence did not devalue Bitcoin in anyway. And I think if there is no Altcoins in the market Bitcoins price will go Up because the demand for all of the crypocurrency will be only for Bitcoin.
It can easily harm Bitcoin in many ways, bro. Bitcoin is only an origin and there are still many bugs and error in this prototype. Altcoin is created to fix and improve some quality and even some of them have a different advance technology from the Bitcoin. Therefore, if there is not altcoin, BItcoin can never be popular and soon most of the people will not use Bitcoin

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February 10, 2017, 10:03:38 AM
 #1231

If there is no altcoin, then the user bitcoin can not increase dramatically, remember that very large user contributed altcoin bitcoin, when someone introduces a altcoin then he will also say bitcoin so people will find out about bitcoin.
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February 10, 2017, 10:09:49 AM
 #1232

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 the users of bitcoin will results into down and most of the bitcoiner will think to exit bitcoin work .
Because in the bitcoin the only one and one way to make money is only trading .
You can think yourself easily because if no altcoin exists in the online money world then it became a complicated task to make money through bitcoin only .
So here altcoins are the main factor of the bitcoin and earning of bitcoin is mainly due to the altcoins .
Herr we can say bitcoin is only a way of payment to make deals between altcoin and nothing .
So people will take less interest in bitcoin if the bitcoin  remain in online market without altcoins .
Totally wrong approach. It's hard to even depict how your post is illogical. You think that altcoins will make bitcoin price higher because there is trade going on?
How delusional are you? It is the other way around, without bitcoin some of these petty altcoins wouldn't exist.
It is harder to have fiat to altcoins exchange. Second argument - if everyone who spent time dealing with alts instead focused on Bitcoin we would be sitting on 4 digits by now.
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February 10, 2017, 10:12:16 AM
 #1233

If there is no altcoin, then the user bitcoin can not increase dramatically, remember that very large user contributed altcoin bitcoin, when someone introduces a altcoin then he will also say bitcoin so people will find out about bitcoin.

Not entirely true. Okay, altcoins help due to introduction to a certain altcoin can lead into bitcoin investment. But let us rethink that or how about we make the question backward? Altcoin without bitcoin?  Grin There is nothing. There would be no altcoin if bitcoin is not made. The altcoins are the ones who are relying to bitcoin not the other way around.
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February 10, 2017, 11:18:44 AM
 #1234

If there is no altcoin, then the user bitcoin can not increase dramatically, remember that very large user contributed altcoin bitcoin, when someone introduces a altcoin then he will also say bitcoin so people will find out about bitcoin.

Not entirely true. Okay, altcoins help due to introduction to a certain altcoin can lead into bitcoin investment. But let us rethink that or how about we make the question backward? Altcoin without bitcoin?  Grin There is nothing. There would be no altcoin if bitcoin is not made. The altcoins are the ones who are relying to bitcoin not the other way around.

You have a point but I feel it's a little bit biased towards Bitcoin because I think both Alts and Bitcoin needs each other to exist as a solid unit. Most Altcoins are created to overcome the weakness of Bitcoin. For example bitcoin cannot do more than money transfers and payments but ethereum has more features. Again ethereum is unstable unlike Bitcoin.
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February 10, 2017, 12:23:33 PM
 #1235

I'm sure, if there is no altcoin then like a man without a woman, bitcoin will die and will not get people interested. Remember, one advantage is the large number of bitcoin
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 the users of bitcoin will results into down and most of the bitcoiner will think to exit bitcoin work .
Because in the bitcoin the only one and one way to make money is only trading .
You can think yourself easily because if no altcoin exists in the online money world then it became a complicated task to make money through bitcoin only .
So here altcoins are the main factor of the bitcoin and earning of bitcoin is mainly due to the altcoins .
Herr we can say bitcoin is only a way of payment to make deals between altcoin and nothing .
So people will take less interest in bitcoin if the bitcoin  remain in online market without altcoins .

I don't  think that bitcoin make a money just for trading only. You can invest your money here,etc. If bitcoiners really wants to exit,why bitcoin still alive and popular.  The value of its rate rises. Altcoin created as an alternative crypto of bitcoin. Remember that bitcoin is the father of all crypto.  There is no competition here. They should both robust and lean on each other.

Totally wrong approach. It's hard to even depict how your post is illogical. You think that altcoins will make bitcoin price higher because there is trade going on?
How delusional are you? It is the other way around, without bitcoin some of these petty altcoins wouldn't exist.
It is harder to have fiat to altcoins exchange. Second argument - if everyone who spent time dealing with alts instead focused on Bitcoin we would be sitting on 4 digits by now.

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February 10, 2017, 12:47:09 PM
 #1236

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 the users of bitcoin will results into down and most of the bitcoiner will think to exit bitcoin work .
Because in the bitcoin the only one and one way to make money is only trading .
You can think yourself easily because if no altcoin exists in the online money world then it became a complicated task to make money through bitcoin only .
So here altcoins are the main factor of the bitcoin and earning of bitcoin is mainly due to the altcoins .
Herr we can say bitcoin is only a way of payment to make deals between altcoin and nothing .
So people will take less interest in bitcoin if the bitcoin  remain in online market without altcoins .
I doubt it will affect Bitcoin in a bad way. The creation of Bitcoin made the idea for other Altcoin to be out in the market. And that existence did not devalue Bitcoin in anyway. And I think if there is no Altcoins in the market Bitcoins price will go Up because the demand for all of the crypocurrency will be only for Bitcoin.

Bitcoin being the prototype cryptocurrency has exceed expectations of different individuals. And indeed bitcoin has become stronger that it doesnt need any alternative coins to exist. That even the disappearance of alternative coins could bring more intense price increase towards bitcoin. But alternative coins are also a good thing to happen to cryptocurrency that allows bitcoin to be more alive in trading.
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February 10, 2017, 12:57:30 PM
 #1237

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 the users of bitcoin will results into down and most of the bitcoiner will think to exit bitcoin work .
Because in the bitcoin the only one and one way to make money is only trading .
You can think yourself easily because if no altcoin exists in the online money world then it became a complicated task to make money through bitcoin only .
So here altcoins are the main factor of the bitcoin and earning of bitcoin is mainly due to the altcoins .
Herr we can say bitcoin is only a way of payment to make deals between altcoin and nothing .
So people will take less interest in bitcoin if the bitcoin  remain in online market without altcoins .
I doubt it will affect Bitcoin in a bad way. The creation of Bitcoin made the idea for other Altcoin to be out in the market. And that existence did not devalue Bitcoin in anyway. And I think if there is no Altcoins in the market Bitcoins price will go Up because the demand for all of the crypocurrency will be only for Bitcoin.

Bitcoin being the prototype cryptocurrency has exceed expectations of different individuals. And indeed bitcoin has become stronger that it doesnt need any alternative coins to exist. That even the disappearance of alternative coins could bring more intense price increase towards bitcoin. But alternative coins are also a good thing to happen to cryptocurrency that allows bitcoin to be more alive in trading.

Bitcoin was before any altcoin occured on the scene. I'm almost sure that 99% of altcoins are scam and will dissapear in the future. Technically you can add all the features: privacy, speed, security etc, to Bitcoin network and there is no need for a lot of competing altcoin. That is not to say that Bitcoin is perfect. I mean that we can implement, for example, Monero features on BTC and there is no need for XMR. But new technology, not using blockchain! are developed as well. So, we need new technologies because they are implementing advanced features Bitcoin currently doesn't have and it seems will not have in the future (huge capacity of TXs per second, AML/KYC features for business, instant TXs, privacy etc.). In this context we need projects innovating outside the field of blockchain, for example, Byteball. But in the area of blockchain innovations are also needed, for example, NEM project has many advantages over BTC network. Just check it.  



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Rainbot
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February 10, 2017, 03:18:22 PM
 #1238

If there is no altcoin, then the user bitcoin can not increase dramatically, remember that very large user contributed altcoin bitcoin, when someone introduces a altcoin then he will also say bitcoin so people will find out about bitcoin.

Not entirely true. Okay, altcoins help due to introduction to a certain altcoin can lead into bitcoin investment. But let us rethink that or how about we make the question backward? Altcoin without bitcoin?  Grin There is nothing. There would be no altcoin if bitcoin is not made. The altcoins are the ones who are relying to bitcoin not the other way around.

If bitcoin was not made, there would still be cryptocurrency. Eventually, someone would be able to think like Satoshi. This applies with every other inventions and discovery. At some point in time, someone would have that idea. I'd like to think that the whole world is full of mysteries waiting to be discovered.

Altcoin without bitcoin. One altcoin would prevail and would have the same position as bitcoins. Bitcoins don't rely on altcoins but altcoins don't rely on bitcoins as well. Altcoins, since they are already there, don't need any support from bitcoins. They can still sell out when they conduct programs or events in the real world. In reality, bitcoins and altcoins are supporting each other but one is not dependent on the other.

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February 14, 2017, 08:29:59 AM
 #1239

If bitcoin without altcoin happened, all people will focus at bitcoin and it also affect the price of bitcoin for sure, because many people not using other altcoin beside the bitcoin itself.


The price would would be affected in a positive way. Bitcoin's price depends on the number of users too, and on demand. If there was no alt coin, everyone would've gone for Bitcoin most probably.

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February 14, 2017, 11:06:07 AM
 #1240

market is all about competition and all altcoin might not have much importance in market but without altcoin there would a dull trading market and traders and investor would have very few profit. Altcoin plays a cru role in balancing the market of cryptocurrency.
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