Bitcoin and altcoins

[Dmitrii999]

The success of Bitcoin has prompted more development of alternative cryptocurrencies, some very similar to others and some with specific use cases. The rise in value and adoption of certain altcoins have shown to be much faster than Bitcoin was initially, particularly if a cryptocurrency has a strong use case.  Adoption of cryptocurrencies by developers, merchants, consumers, and institutions is growing rapidly as exposure to the technology escalates.

[1714213626]

1714213626

[pinoyden]

The success of Bitcoin has prompted more development of alternative cryptocurrencies, some very similar to others and some with specific use cases. The rise in value and adoption of certain altcoins have shown to be much faster than Bitcoin was initially, particularly if a cryptocurrency has a strong use case.  Adoption of cryptocurrencies by developers, merchants, consumers, and institutions is growing rapidly as exposure to the technology escalates.

The success of Bitcoin has prompted more development of alternative cryptocurrencies,

no, bitcoin is indeed succesfull because of its usage and real purpose on why it was built but  it does not  develop any alt coins or alternative currencies however bitcoin forks and segwits can possibly create and spawn a new born baby called forked coins and segwit coins or they can also be termed as an altcoins.

some very similar to others and some with specific use cases.

most altcoins are actually verry identical and simillar to each other and only few had different usage and characteristics.

The rise in value and adoption of certain altcoins have shown to be much faster than Bitcoin was initially,

no, altcoins are much slower in terms of gains and bitcoin is still much faster when compared to them. although altcoins are much stable and less volatile when compared to bitcoins.

[eyesopen]

it looks like the blockchain technology in general has gained a lot of popularity in 2017
which paves a nice path for 2018.
If we look at ripple -which is not a true cryptocurrency- monero, litecoin, ethereum
and most of the top 20 on coinmarketcap some have grown in percentage terms
greater than bitcoin.

[slaman29]

A lot of people will say that the credit is not all due to Bitcoin but to blockchain tech itself but you're right. It's impossible to deny Bitcoin's spotlight has helped to encourage more growth in altcoins. Of course, a lot of alts were already around for many years, even when Bitcoin wasn't as recognized as it is today in mainstream, but these developers surely knew first about Bitcoin or participated as early adopters.

And Bitcoin isn't too bad in terms of performance in price. Yes, other alts have shown great percentage growths, but a 10% growth at 10k dollars is immeasurably harder to achieve than 100% growth at 1 dollar.

[Kalm]

A lot of people will say that the credit is not all due to Bitcoin but to blockchain tech itself but you're right. It's impossible to deny Bitcoin's spotlight has helped to encourage more growth in altcoins. Of course, a lot of alts were already around for many years, even when Bitcoin wasn't as recognized as it is today in mainstream, but these developers surely knew first about Bitcoin or participated as early adopters.

And Bitcoin isn't too bad in terms of performance in price. Yes, other alts have shown great percentage growths, but a 10% growth at 10k dollars is immeasurably harder to achieve than 100% growth at 1 dollar.

Both are well growthed leading investment......     btc and altcoin. Both are very tough to understan their. Process and their transaction..    these two are the leading investment in future and this modern era.....still many of them are not well know about this... i thinks this two can be the future of the world...   

[shesheboy]

A lot of people will say that the credit is not all due to Bitcoin but to blockchain tech itself but you're right. It's impossible to deny Bitcoin's spotlight has helped to encourage more growth in altcoins. Of course, a lot of alts were already around for many years, even when Bitcoin wasn't as recognized as it is today in mainstream, but these developers surely knew first about Bitcoin or participated as early adopters.

And Bitcoin isn't too bad in terms of performance in price. Yes, other alts have shown great percentage growths, but a 10% growth at 10k dollars is immeasurably harder to achieve than 100% growth at 1 dollar.

Both are well growthed leading investment......     btc and altcoin. Both are very tough to understan their. Process and their transaction..    these two are the leading investment in future and this modern era.....still many of them are not well know about this... i thinks this two can be the future of the world...    

Both are well growthed leading investment

bitcoin is the one who is leading in terms of investing or other purposes like for example buying or selling. some coins specifically altcoins are mainly good at trading and mining because they tend to be much easier to obtain and produce due to lesser demand that it gets from the public when compared to bitcoin.

btc and altcoin. Both are very tough to understan  their. Process and their transaction.

bitcoin is a primary coin and altcoin is an alternative coins thats why it is called alts or alt coin for short although you need to be more specific when comparing btc to alts because there were many known altcoins out there and bitcoin is just only one. however bitcoin is much easier to understand when compared to altcoin.

this two can be the future of the world...    

yes indeed they can be the future of money but bitcoin will the mainstream between these two because bitcoin is definelty more popular and have a potential to succed in near future.

[PatStyle88]

Hi.

Has new technick not always led to new risks?

[achlyss]

bitcoin is the pioneer of blockchain technology first in the world and now has been widely adopted into our daily lives even some governments in the world have also used it. plus the bitcoin equality is very strong and not easily hacked. the development of crypto lately can not be separated from the main role of bitcoin

[sunsilk]

Patsyle, what do you mean by new technique?

bitcoin is the pioneer of blockchain technology first in the world and now has been widely adopted into our daily lives even some governments in the world have also used it.

Those countries that adopted bitcoin do see a big potential to it and they are open with cryptocurrencies, some countries aren't taxing crypto profits. More and more shops will adopt bitcoin soon and as well as big companies.

plus the bitcoin equality is very strong and not easily hacked. the development of crypto lately can not be separated from the main role of bitcoin

The blockchain itself is strong enough for our data's but everyone is still penetrable if we didn't take care of our wallets.

[alhaji142]

plus the bitcoin equality is very strong and not easily hacked. the development of crypto lately can not be separated from the main role of bitcoin

The blockchain itself is strong enough for our data's but everyone is still penetrable if we didn't take care of our wallets.
[/quote]

Yes indeed. Hackers are using fake airdrops to get access to peoples wallet. Lets all be careful.

[solarion]

plus the bitcoin equality is very strong and not easily hacked. the development of crypto lately can not be separated from the main role of bitcoin

The blockchain itself is strong enough for our data's but everyone is still penetrable if we didn't take care of our wallets.

Yes indeed. Hackers are using fake airdrops to get access to peoples wallet. Lets all be careful.
[/quote]

If you see the fake ICO airdrops you should say that as scam mate not a hacking. Hackers mostly targeting your online wallets only. If you keep your fund on private key secured wallets then you need to worry about it at all.
We cannot compare the bitcoin with altcoins. Whatever coins come to see the marketplace volume bitcoin will be always in the top chart. Then you need to check the others coins growth for sure and then invest on it, but alts are not like that mate.

[gbale]

instead I think the opposite in the presence of altcoin is to to balance the bitcoin.
for example Ethereum is not to compete with bitcoin but to perfect bitcoin with its smart contrak