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b1007 (OP)
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January 15, 2016, 04:11:46 PM |
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Bitcoin is dead according to Mike Hearns, could this be the turning point in which bitcoin becomes just another altcoin and the altcoins will rise up and take away the market cap that belonged to bitcoin?  |
I like to speculate
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OmegaStarScream
Staff
Legendary
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Activity: 3514
Merit: 6165
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January 15, 2016, 04:15:25 PM |
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Bitcoin was a nice 1.0 project but apparently wrecked by the devs who have proven themselves to be incapable of handling the bitcoin project. Many altcoins have learnt from their mistakes, could this be the turning point in which bitcoin becomes just another altcoin and the altcoins will rise up and take away the market cap that belonged to bitcoin? It's not going to happen because they are all cheap copies of Bitcoin and Bitcoin is original & because the price is falling doesn't mean that Bitcoin is dying . |
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TheNewAnon135246
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฿uy ฿itcoin
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January 15, 2016, 04:15:35 PM |
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Bitcoin was a nice 1.0 project but apparently wrecked by the devs who have proven themselves to be incapable of handling the bitcoin project. Many altcoins have learnt from their mistakes, could this be the turning point in which bitcoin becomes just another altcoin and the altcoins will rise up and take away the market cap that belonged to bitcoin? Yeah, altcoins are the future. Look at Cryptsy |
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onlinedragon
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January 15, 2016, 04:15:46 PM |
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Altcoins are more unknown by the major of all people. This will take a long time and in my opinion Bitcoin isn't dead.
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b1007 (OP)
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January 15, 2016, 04:18:16 PM |
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Bitcoin was a nice 1.0 project but apparently wrecked by the devs who have proven themselves to be incapable of handling the bitcoin project. Many altcoins have learnt from their mistakes, could this be the turning point in which bitcoin becomes just another altcoin and the altcoins will rise up and take away the market cap that belonged to bitcoin? It's not going to happen because they are all cheap copies of Bitcoin and Bitcoin is original & because the price is falling doesn't mean that Bitcoin is dying . Yeah but take DigiByte for example, way more secure, can handle more transactions and has some other innovations...Like I love(d) bitcoin but if the devs prove themselves to be ineffecient and incapable, then naturally altcoins will rise up and take its place? Unless ofcourse the devs get together and start focusing on expansion and implement some serious changes... |
I like to speculate
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RodeoX
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The revolution will be monetized!
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January 15, 2016, 04:20:25 PM
Last edit: January 15, 2016, 04:36:47 PM by RodeoX |
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I don't get the logic. Bitcoin is failing, so a half-baked copy of the idea is needed?
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OmegaStarScream
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Activity: 3514
Merit: 6165
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January 15, 2016, 04:21:54 PM |
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Bitcoin was a nice 1.0 project but apparently wrecked by the devs who have proven themselves to be incapable of handling the bitcoin project. Many altcoins have learnt from their mistakes, could this be the turning point in which bitcoin becomes just another altcoin and the altcoins will rise up and take away the market cap that belonged to bitcoin? It's not going to happen because they are all cheap copies of Bitcoin and Bitcoin is original & because the price is falling doesn't mean that Bitcoin is dying . Yeah but take DigiByte for example, way more secure, can handle more transactions and has some other innovations...Like I love(d) bitcoin but if the devs prove themselves to be ineffecient and incapable, then naturally altcoins will rise up and take its place? Unless ofcourse the devs get together and start focusing on expansion and implement some serious changes... Its not a problem really , I mean that's why Bitcoin is open source on the first place , It can be improved and It will be over the years. Developers are indeed taking some time but they will eventually get there . |
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xeryan
Sr. Member
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Activity: 337
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HTML5/Node.js/PHP developer
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January 15, 2016, 04:23:53 PM |
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Yeah, altcoins are the future. Look at Cryptsy Are you assuming that with altcoins there will not be scams? There are the same problems everything |
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chennuan
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January 15, 2016, 04:35:44 PM |
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Bitcoin is dead according to Mike Hearns.Is this a joke? No, I think bitcoin will survive, the price rise in a few days after.
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Yakamoto
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Activity: 1218
Merit: 1007
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January 15, 2016, 04:39:19 PM |
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Bitcoin was a nice 1.0 project but apparently wrecked by the devs who have proven themselves to be incapable of handling the bitcoin project. Many altcoins have learnt from their mistakes, could this be the turning point in which bitcoin becomes just another altcoin and the altcoins will rise up and take away the market cap that belonged to bitcoin? It's not going to happen because they are all cheap copies of Bitcoin and Bitcoin is original & because the price is falling doesn't mean that Bitcoin is dying . Yeah but take DigiByte for example, way more secure, can handle more transactions and has some other innovations...Like I love(d) bitcoin but if the devs prove themselves to be ineffecient and incapable, then naturally altcoins will rise up and take its place? Unless ofcourse the devs get together and start focusing on expansion and implement some serious changes... Its not a problem really , I mean that's why Bitcoin is open source on the first place , It can be improved and It will be over the years. Developers are indeed taking some time but they will eventually get there . But the devs act careless in my opinion, not realising that competition is out there waiting to take their place.... Competition exists in every aspect of Bitcoin, but the difference is that Altcoins will not replace Bitcoin anytime soon. This is because during the Altcoin boom of late 2014 and early 2015, altcoins destroyed their reputation due to the sheer number of pump and dump coins going around. The altcoins that did pull through typically had a smaller user base than they did before, and also had reduced value. If altcoins never had the boom and bust, there would likely be more people willing to change cryptos. But that is extremely difficult now, since Bitcoin is the only real crypto that has value. |
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~Bitcoin~
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January 15, 2016, 04:47:47 PM |
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Bitcoin is dead according to Mike Hearns, could this be the turning point in which bitcoin becomes just another altcoin and the altcoins will rise up and take away the market cap that belonged to bitcoin? Bitcoin will never die, it may die on your dream only and there are no any altcoin which can replace the bitcoin. So better hold bitcoin rather than alt. |
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Dux2K
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Blocklancer - Freelance on the Blockchain
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January 15, 2016, 04:48:22 PM |
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Altcoins are more unknown by the major of all people. This will take a long time and in my opinion Bitcoin isn't dead.
Will second on this most dont know anything or know little i for instance don know how many there are |
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croato
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January 15, 2016, 04:52:46 PM |
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Altcoins have their place in Bitcoins ecosystem, but i dont think any of them can ever challenge Bitcoin for his throne. Altcoin scene is great for devs to sharpen their skills and it is good test ground for new features that can one day be implemented in Bitcoin but that is more or less all.
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LiteCoinGuy
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In Satoshi I Trust
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January 15, 2016, 04:53:06 PM |
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the only thing that has failed is Mike Hearn. [but good to own Litecoin too  ] |
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khalized
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January 15, 2016, 04:59:03 PM |
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Bitcoin is dead according to Mike Hearns, could this be the turning point in which bitcoin becomes just another altcoin and the altcoins will rise up and take away the market cap that belonged to bitcoin? what is the new principal coin? by definition it cannot be an altcoin, and today we have see a long short panic selling, and no market cap of btc is really hard to beat by any alt coin. |
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Xsinx
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January 15, 2016, 05:03:15 PM |
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Theres no altcoin that can serve as a replacement for bitcoin,
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Denker
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Activity: 1442
Merit: 1016
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January 15, 2016, 05:06:10 PM |
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Bitcoin is dead according to Mike Hearns, could this be the turning point in which bitcoin becomes just another altcoin and the altcoins will rise up and take away the market cap that belonged to bitcoin? Bitcoin died how many times now? I think it must be something around 100+ right?! No altcoin will take Bitcoin's place.Why? Well as you know Bitcoin is still here, is having the biggest community, most of VCs money was pumped into Bitcoin startups.The number of devs working on Bitcoin is in the thousands if not ten thousand.Bitcoin is getting most of attention in the msm. I can not see any altcoin beating these strong arguments and therefore overtake Bitcoin.Bitcoin will stay number one. |
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miguelmorales85
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January 15, 2016, 05:10:58 PM |
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the only thing that has failed is Mike Hearn. [but good to own Litecoin too ] I seccond this |
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hasiramasenju
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Activity: 980
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January 15, 2016, 05:23:05 PM |
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definitely bitcoin will be not dead and i still believe bitcoin even for the future currency and bitcoin is more better than altcoin i was not doubt such it
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Kprawn
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January 15, 2016, 05:32:01 PM |
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I think you not getting it... If the leading and most dominant Crypto currency fails, the others goes down with it. People will not trust any other "version" of Bitcoin, in any other form, and that is just the beginning. We have seen MANY articles in the media before, where a Alt coin fails and people lost money and they blame "Crypto currency". Alt coins fall under Crypto currencies and we should all be fighting for the survival of the same technology.  |
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