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Author Topic: Bitcoin's best alternative  (Read 1405 times)
CryptoFlare (OP)
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December 25, 2016, 03:33:27 AM
 #1

Well guys.. If bitcoin dies tomorrow because of such a high rate or any other reason .. Which is the best altcoin will the person switch to first?  This means the altcoin in which the population will more likely to invest on??
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50cent_rapper
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December 25, 2016, 03:39:07 AM
 #2

Well guys.. If bitcoin dies tomorrow because of such a high rate or any other reason .. Which is the best altcoin will the person switch to first?  This means the altcoin in which the population will more likely to invest on??

Well, if bitcoin die you will not be able to invest BTC, cause it will cost nothing.
The only option people will have is to invest USD, but no one would do it, after they lose everything in bitcoin (think price goes from $800 to $0).

So the answer to your question is: people will lost faith in crypto and there will be no other altcoin which will take btc-s place  Roll Eyes
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December 25, 2016, 04:00:31 AM
 #3

Well, if bitcoin dies tommorow. Then one altcoin must stand to take place bitcoin. Theres a lot of potential altcoin that are existing in the market. Maybe the top crypto like litecoin has a possibilty to take place bitcoin because its still strong.
CryptoFlare (OP)
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December 25, 2016, 04:16:49 AM
 #4

Well, if bitcoin dies tommorow. Then one altcoin must stand to take place bitcoin. Theres a lot of potential altcoin that are existing in the market. Maybe the top crypto like litecoin has a possibilty to take place bitcoin because its still strong.
but litecoins market capital is low and also is price .. So it must not be
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December 25, 2016, 04:47:08 AM
 #5

I don't think that Bitcoin will die, but Monero has a good shot of being number two by market cap. If Bitcoin suffers a catastrophic failure, then Monero would probably be number one.
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December 25, 2016, 04:55:46 AM
 #6

I just got into crypto and I've purchased $5,500 of monero. I am looking at things objectively and as an American and a libertarian, monero is ideal for multiple reasons. I didn't  have a dog in this fight until 4 weeks ago so if a better coin came around I'd admit it. Nothing comes close to monero. All the rest are scam coins.
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December 25, 2016, 05:05:32 AM
 #7

If bitcoin dies we don't have an alternative. The market will split between many alt coins. After some time the rich guys would choose an alt coin to replace bitcoin, that one would be the alternative, because everybody would start using it.
Few guys would choose it and the most public just would follow their chooses. A way to impose the new alt coin can be pump its price, use it to pay persons for tasks and jobs.
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December 25, 2016, 05:07:18 AM
 #8

If tomorrow bitcoin dies, all the altcoins will die together, or in other words, bitcoin will be the last to die in this space. This is because bitcoin have received wide adoptions and have huge interest groups to support. So it will be the last to die.
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December 25, 2016, 05:38:14 AM
 #9

Bitcoin's failure is inevitable: as soon as a Chinese dissident smuggles money out of the country and the Chinese government goes to the 3 biggest miners in china that make up like 70% of the network and tells them to censor the transaction or we are going to hang you and your children, the transaction will be censored. You've been warned.
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December 25, 2016, 05:39:53 AM
 #10

I agree the statement that bitcoin will be the last cybercoin to die. All other coins will die first before the bitcoins. Because there's no coin with so much support for bitcoin. People invested billions into bitcoin and will not let it die easily.
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December 25, 2016, 06:34:42 AM
 #11

I cant see any altcoin that would be the best alternative when bitcoin dies because all of altcoin will surely die too because we all know that most altcoin nowadays are dependent on bitcoin itself regarding on its value.If we say that bitcoin dies then all of them would die too so this means theres no alternative but seeing on the current state of bitcoin its somehow hard to believe that bitcoin will die now.

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December 25, 2016, 09:32:39 AM
 #12

Well guys.. If bitcoin dies tomorrow because of such a high rate or any other reason .. Which is the best altcoin will the person switch to first?  This means the altcoin in which the population will more likely to invest on??

you know what the problem with your question is?

you are asking something without giving it any thought. what would be the reason for bitcoin dying? high rate? doesn't even make sense!
something else? what? why did it cause that?

i have been seeing this question as long as i have been on this forum and using bitcoin. and what you all forget is that when bitcoin dies (for whatever imaginary reason you have in mind) altcoins are going to disappear even before bitcoin hypothetically goes down.

short answer to your question is none!

Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip.
Whales are those who keep buying the dip.
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December 25, 2016, 10:21:55 AM
 #13

well its kind of hard answer the question because there are different people investing in different coin, but when bitcoin is dead most of the crypto currency will also dead, the trust on crypto currencies is depends on bitcoin, so if anything happen to bitcoin there will be no investor dare to invest in other crypto currencies


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December 25, 2016, 10:35:41 AM
 #14

well its kind of hard answer the question because there are different people investing in different coin, but when bitcoin is dead most of the crypto currency will also dead, the trust on crypto currencies is depends on bitcoin, so if anything happen to bitcoin there will be no investor dare to invest in other crypto currencies

I do agree! IF bitcoin will be dead altcoins will follow because all of the altcoins and bitcoin is related sort of bitcoin is the mother of all altcoins so there is no way. Investor will now invest anymore in any coin because bitcoin is dead and it is useless to invest to other.
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December 25, 2016, 10:47:56 AM
 #15

Well guys.. If bitcoin dies tomorrow because of such a high rate or any other reason .. Which is the best altcoin will the person switch to first?  This means the altcoin in which the population will more likely to invest on??

There are a lot of bitcoin clone in the market right now,but I'll consider Burstcoin, it is cpu mined and there have a huge community right now,some of the altcoins in the market right now are niche targeted,burstcoin is not targeting any niche or industry .


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December 25, 2016, 10:50:03 AM
 #16

Some people say ETH and now recently some are saying XMR but really the altcoin that has survived with bitcoin is litecoin, it's not good as bitcoin or some of the others alt coins currently circulating but most of them just die out in few months. So personally I think litecoin is good alternative.
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December 25, 2016, 12:03:30 PM
 #17

Some people say ETH and now recently some are saying XMR but really the altcoin that has survived with bitcoin is litecoin, it's not good as bitcoin or some of the others alt coins currently circulating but most of them just die out in few months. So personally I think litecoin is good alternative.


Lite coin is bitcoin lite version, about the SegWit implementation, was following bitcoin. Maybe I wasn't making sense for me especially consider some factor, but that's enough for me to say it was becoming the junior version of bitcoin. and I'd agreed with you.

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December 25, 2016, 01:08:03 PM
 #18

if bitcoin dies altcoins die with it too. and most of them are already dead anyways and some others that aren't yet dead have been made with the only one purpose of making more bitcoin from pump and dump.

eth: full of bugs and it is manipulated, and it is pump and dump
ltc: it is always pump and dump and it is copy of bitcoin
xmr: can be the best option, although it doesn't seem to be able to become as big.

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December 25, 2016, 01:12:13 PM
 #19

there's no consensus about that.
a few members will say LTC/XMR/DASH, others will say ETH/ETC, others will tell about a minor altcoins.

just search about the projects, see what you like and drop some bitcoins on it. there are some good altcoins around here but it's impossible to predict which one will succeed bitcoin(if ever happen).
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December 25, 2016, 06:10:50 PM
 #20

Actually the altcoin economy is very dynamic and is in continuous evolution. I have no doubt that if bitcoin dies we would see a temporal silence, a pause in the altcoin economy and perhaps the death of the bitcoin would destroy the faith of many people in the altcoins and many of them also would die, but in few months we would see a renewed dynamism and better altcoins because new developers would try to learn from the numerous errors observed in the failed experience of the died bitcoin to avoid them in their future alternatives.
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