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richardsNY
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June 30, 2016, 01:51:49 AM
 #21

Not so. While there are hundreds (if not thousands) of junk alts, there are a few which fill valid needs that Bitcoin can't. First, there are are privacy coins. Bitcoin is pseudonymous. Monero is private and untraceable. Then there are storage coins, like MaidSafe or SIA.

As someone else mentioned, BTC is still young. For as young as it is, it has made a sizeable impression already and will continue to get better. But like 99% of items/products, BTC really needs a marketing campaign. Most people either haven't heard of BTC or don't know what it is. A relatively simple way to increase BTC's name in the minds of people would be a 30-second commercial that states what BTC is and why it is better than banks, along with a URL for more info. It makes no sense that companies like Coinbase or Bitpay haven't done this...they'd only benefit, as would the BTC community.
It is just a shame that there's not a lot of marketing going around to sort of hype bitcoin. Someone should take the lead in doing a campaign to better introduce bitcoin to a wider, bigger audience. Market cap is still small and that makes the price easier to manipulate. We just have to be patient and wait for that one big event that would push bitcoin to mainstream consciousness.

I think that time will surely come. If we have enough wealthy players buying themself a certain position in Bitcoin, then they will use their network to get Bitcoin in their market as it will benefit them as well when the price goes up. In the meanwhile we as normal users can help too. Just make sure you tell people around you about what Bitcoin can mean for them as currency and investment tool. That's what I do.
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June 30, 2016, 05:59:50 AM
 #22

Not so. While there are hundreds (if not thousands) of junk alts, there are a few which fill valid needs that Bitcoin can't. First, there are are privacy coins. Bitcoin is pseudonymous. Monero is private and untraceable. Then there are storage coins, like MaidSafe or SIA.

As someone else mentioned, BTC is still young. For as young as it is, it has made a sizeable impression already and will continue to get better. But like 99% of items/products, BTC really needs a marketing campaign. Most people either haven't heard of BTC or don't know what it is. A relatively simple way to increase BTC's name in the minds of people would be a 30-second commercial that states what BTC is and why it is better than banks, along with a URL for more info. It makes no sense that companies like Coinbase or Bitpay haven't done this...they'd only benefit, as would the BTC community.
It is just a shame that there's not a lot of marketing going around to sort of hype bitcoin. Someone should take the lead in doing a campaign to better introduce bitcoin to a wider, bigger audience. Market cap is still small and that makes the price easier to manipulate. We just have to be patient and wait for that one big event that would push bitcoin to mainstream consciousness.

I think that time will surely come. If we have enough wealthy players buying themself a certain position in Bitcoin, then they will use their network to get Bitcoin in their market as it will benefit them as well when the price goes up. In the meanwhile we as normal users can help too. Just make sure you tell people around you about what Bitcoin can mean for them as currency and investment tool. That's what I do.

Yeah, we have to wait, a lot of media, banks and government still don't accept BTC I wonder if they would call this a threat with them especially banks, I remember last year watching news here interviewing government financial secretary warned people to not invest in BTC. hope this will change soon.
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June 30, 2016, 06:09:23 AM
 #23

Ethereum and DAO had some hack problems lately so I cannot consider them something that can fight their way up to bitcoin. Dogecoin is a fun crypto many people hold smaller amount of it just for fun and Litecoin is in the same price from quite some time now, not really big movements coming to bitcoin from competition so far. Its good for us who believe that Bitcoin is the only true cryptocurrency which can make our lives better so far.
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June 30, 2016, 07:15:58 AM
 #24

Even after 5 yrs after the invention of Bitcoin nothing outstanding happened so that we can be boastful about the fact that we are moving forward.

Ethereum - Marginal probability of long term survival
DAO- On the verge of extinction
Waves- No solid business plan.Uninformed practises.
Litecoin,Dogecoin and other  cryptocoins- No large scale adoption of these coins.Didnt attract the masses.

Bitcoin is the only winner in the crypto world.
Hail Satoshi!!
Bitcon is the king of cryptocurrency others just try to survive.Still no cryptocurrency come closer to bitcoin.bitcoin have a big future if it add to the mainstream.Its true some people rich very quick holding bitcoin.I think we need express bitcoin to more people if more people join in bitcoin then bitcoin will be unbeatable.
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June 30, 2016, 08:10:23 AM
 #25

Yes, Bitcoin is the leader among cryptocurrency, he has legs to stand on as opposed to others. Most altcoins rightly could be considered a bench. In fact, they do not provide any new features and available options can be easily implemented using the sidechain. Besides altcoins not particularly known.
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June 30, 2016, 09:21:57 AM
 #26

If you compare Bitcoins progress with say the development of the internet and/or the automotive industry, we rocketed past their progress speed. Bitcoin has gone from a fairly unknown experiment to a Billion dollar business. We should not be under the impression that it would take only 5 to 7 years for it to go mainstream, because it's a big world out there and these things takes time. ^smile^

One killer App for Bitcoin and we are in the pound seats. ^heh^

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June 30, 2016, 09:36:00 AM
 #27

Even after 5 yrs after the invention of Bitcoin nothing outstanding happened so that we can be boastful about the fact that we are moving forward.

Ethereum - Marginal probability of long term survival
DAO- On the verge of extinction
Waves- No solid business plan.Uninformed practises.
Litecoin,Dogecoin and other  cryptocoins- No large scale adoption of these coins.Didnt attract the masses.

Bitcoin is the only winner in the crypto world.
Hail Satoshi!!
Bitcon is the king of cryptocurrency others just try to survive.Still no cryptocurrency come closer to bitcoin.bitcoin have a big future if it add to the mainstream.Its true some people rich very quick holding bitcoin.I think we need express bitcoin to more people if more people join in bitcoin then bitcoin will be unbeatable.

I interested to call bitcoin mother of the crypto coin because another cryptocurrency still alive until now cause bitcoin, and another just trying to became a crypto like bitcoin but they're less fast than bitcoin.

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June 30, 2016, 10:16:02 AM
 #28

Even after 5 yrs after the invention of Bitcoin nothing outstanding happened so that we can be boastful about the fact that we are moving forward.

Ethereum - Marginal probability of long term survival
DAO- On the verge of extinction
Waves- No solid business plan.Uninformed practises.
Litecoin,Dogecoin and other  cryptocoins- No large scale adoption of these coins.Didnt attract the masses.

Bitcoin is the only winner in the crypto world.
Hail Satoshi!!
personally i would agree with your statement,but i can't agree with this one
Quote
Waves- No solid business plan.Uninformed practises.
i think so far waves have prooven some good movement,and also i see they are developing with very good,even i can't make sure it.

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June 30, 2016, 10:32:59 AM
 #29

Even after 5 yrs after the invention of Bitcoin nothing outstanding happened so that we can be boastful about the fact that we are moving forward.

Ethereum - Marginal probability of long term survival
DAO- On the verge of extinction
Waves- No solid business plan.Uninformed practises.
Litecoin,Dogecoin and other  cryptocoins- No large scale adoption of these coins.Didnt attract the masses.

Bitcoin is the only winner in the crypto world.
Hail Satoshi!!
Bitcon is the king of cryptocurrency others just try to survive.Still no cryptocurrency come closer to bitcoin.bitcoin have a big future if it add to the mainstream.Its true some people rich very quick holding bitcoin.I think we need express bitcoin to more people if more people join in bitcoin then bitcoin will be unbeatable.

I interested to call bitcoin mother of the crypto coin because another cryptocurrency still alive until now cause bitcoin, and another just trying to became a crypto like bitcoin but they're less fast than bitcoin.
I agree with you man. Bitcoin is king and the other survives because of it. I think without bitcoin other altcoins wouldnt survive because only a few will buy them.
Bitcoin is one of the best crypto currency than other crypto.. if you think well altcoin is altcoin they will never replace bitcoin.
And we are making more benefits in bitcoin than the other..
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June 30, 2016, 10:38:14 AM
 #30

Even after 5 yrs after the invention of Bitcoin nothing outstanding happened so that we can be boastful about the fact that we are moving forward.
You don't look at big picture. Bitcoin raises in popularity with each media article or news.
Its getting more and more popular.
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June 30, 2016, 11:07:33 AM
 #31

Even after 5 yrs after the invention of Bitcoin nothing outstanding happened so that we can be boastful about the fact that we are moving forward.

Ethereum - Marginal probability of long term survival
DAO- On the verge of extinction
Waves- No solid business plan.Uninformed practises.
Litecoin,Dogecoin and other  cryptocoins- No large scale adoption of these coins.Didnt attract the masses.

Bitcoin is the only winner in the crypto world.
Hail Satoshi!!

I think that the culmination of everything combined surrounding the project is something to be boastful about....There is a large volume of data, money, and labour invested into the technology and it is only going to increase in volume....I think the whole cryptocurrency  community is the real winner.
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June 30, 2016, 11:53:39 AM
 #32

Even after 5 yrs after the invention of Bitcoin nothing outstanding happened so that we can be boastful about the fact that we are moving forward.
You don't look at big picture. Bitcoin raises in popularity with each media article or news.
Its getting more and more popular.
lol yes it is a fact. i don't know what kind of bit happening do you mean. i think that is a big news that bitcoin is still on number one in all crypto currencies. i think a time is coming when you will hear big and big news about bitcoin. i am also waiting for hearing these big news.
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June 30, 2016, 12:05:58 PM
 #33

Even after 5 yrs after the invention of Bitcoin nothing outstanding happened so that we can be boastful about the fact that we are moving forward.

Ethereum - Marginal probability of long term survival
DAO- On the verge of extinction
Waves- No solid business plan.Uninformed practises.
Litecoin,Dogecoin and other  cryptocoins- No large scale adoption of these coins.Didnt attract the masses.

Bitcoin is the only winner in the crypto world.
Hail Satoshi!!

Thats's right, Bitcoin is the best. However Litecoin and Dogecoin are also accepted and have some value IMO. So Bitcoin is the winner but it's not the single crypto which is accepted.

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June 30, 2016, 12:13:40 PM
 #34

Even after 5 yrs after the invention of Bitcoin nothing outstanding happened so that we can be boastful about the fact that we are moving forward.

a lot of outstanding things have happened in these years. you just have to look around instead of creating an alternative account and posting this.

Quote
Ethereum - Marginal probability of long term survival

and not to mention massive pump and dumps and the huge amount of premine.

Quote
DAO- On the verge of extinction

all i can say is embarrassment

Quote
Waves- No solid business plan.Uninformed practises.

much better than ethereum but still bad.

Quote
Litecoin,Dogecoin and other  cryptocoins- No large scale adoption of these coins.Didnt attract the masses.

at least all these other altcoins like LTC and Doge could survive without scandals.

Quote
Bitcoin is the only winner in the crypto world.
Hail Satoshi!!

thats true

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June 30, 2016, 01:07:51 PM
 #35

Even after 5 yrs after the invention of Bitcoin nothing outstanding happened so that we can be boastful about the fact that we are moving forward.

Ethereum - Marginal probability of long term survival
DAO- On the verge of extinction
Waves- No solid business plan.Uninformed practises.
Litecoin,Dogecoin and other  cryptocoins- No large scale adoption of these coins.Didnt attract the masses.

Bitcoin is the only winner in the crypto world.
Hail Satoshi!!

Thats's right, Bitcoin is the best. However Litecoin and Dogecoin are also accepted and have some value IMO. So Bitcoin is the winner but it's not the single crypto which is accepted.
litecoin and dogecoin is nearly nothing in my opinion compared to bitcoins, to be honest none of the other cryptos have the power to outtake bitcoin in my opinion

nothing big is happening right now but i think in the 5 years the battle for the best crypto name will be much stronger and there will be more cryptocurrencies created
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June 30, 2016, 01:10:44 PM
 #36

Something big happens all the time:

Big Network Congestion!

Big time waiting for confirmations!

 Cheesy

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June 30, 2016, 01:15:16 PM
 #37

Stability can also be a big step forward. Bitcoin has proven it has a steady offer keeping its price for a long amount of time. Plus it now has a total valuation bigger than some companies traded in the biggest stock exchange. Mass adoption didn't happen (yet) but things are still going well for bitcoin.



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June 30, 2016, 01:19:44 PM
 #38

Even after 5 yrs after the invention of Bitcoin nothing outstanding happened so that we can be boastful about the fact that we are moving forward.

Ethereum - Marginal probability of long term survival
DAO- On the verge of extinction
Waves- No solid business plan.Uninformed practises.
Litecoin,Dogecoin and other  cryptocoins- No large scale adoption of these coins.Didnt attract the masses.

Bitcoin is the only winner in the crypto world.
Hail Satoshi!!

Those alts listed was made because they have a common source, and that is because of the existence of bitcoin. And I believe they just made because of $$$ and not the technology revolving around it itself.

Anyways, I don't mind any other thing about those other alts cause even if I like something important to happen in that alts in terms of technical aspects, I have nothing to do with that. So just go on and ride the wave.

So in here, Im just taking advantage of every possible trend that will happen in those alts to take profits.

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BC.GAME
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June 30, 2016, 01:25:15 PM
 #39

Something big happens all the time:

Big Network Congestion!

Big time waiting for confirmations!

 Cheesy
well not a lot of time is required to wait for bitcoin confirmations in my opinion, bitcoin is a really big thing right now thats why you just need to include bigger fees to get it faster

how can you say that nothing big is actually happening right now? bitcoin block reward halving is going to happen really soon i think thats a really big thing that will make bitcoin more popular

 
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June 30, 2016, 01:31:50 PM
 #40

Yes, Bitcoin is the leader among cryptocurrency, he has legs to stand on as opposed to others. Most altcoins rightly could be considered a bench. In fact, they do not provide any new features and available options can be easily implemented using the sidechain. Besides altcoins not particularly known.

I think to this day it is true that bitcoin is still the leader of the cryptocurrency, for Bitcoin is much better than the other crypto. But it is possible in the future leaders of the crypto will change in line with technological developments. So it is only temporary, and we don't have to worry because the future remains very bright bitcoin
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