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Author Topic: Do you see alts have chances against Bitcoins?  (Read 51072 times)
White sugar
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August 20, 2017, 12:50:24 AM
 #901

If they are as innovative as Bitcoin when it appeared, why not? Ethereum was innovative in some sense and almost touched BTC market cap for some time.
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August 21, 2017, 01:28:48 PM
 #902

Depending on alts, all have very similar problems like in bitcointalk. Now they will be with people who are heavily inflated blockchains and transactions are slow and very expensive.
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August 21, 2017, 01:31:23 PM
 #903

I have been seeing Bitcoins' price rising with a stability in its growth, but due to the higher mining fee that is being levied on transactions these days, big businesses are now moving their funds towards alts and taking advantage with their least fees as well as shaping a completely new economy in the trends of altcoin markets. Do you think this may harm Bitcoin's dignity and open up a chance in real for alts to rise?
Fight no. Because the bitcoin becomes the mother of all coins. But i see 1 coin that is potentially very big. Ethereum is a coin that will now become famous after bitcoin
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August 21, 2017, 01:37:18 PM
 #904

I think that when cryptocurrencies would be implemented into the world economy and number of transactions will rise with higher temps bitcoin will not stand the load and money will flow into the altcoins
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August 21, 2017, 03:50:37 PM
 #905

Some alts have better technology than bitcoin.They are more anonymous than bitcoin, fee is lower. But,bitcoin is bitcoin. With him we can buy food,drinks... And everyone have heard about bitcoin. Governments have approved using bitcoin. So,in near future alts definitely haven't change against bitcoin.
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August 21, 2017, 04:33:31 PM
 #906

The power of bitcoin is the number of developers (wallet providers), they actually make bitcoin great, but I'm sure all things can happen ETH is a very good coin to beat bitcoin.

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August 21, 2017, 04:42:40 PM
 #907

I don't think so that any alts coin have chance against Bitcoin as it has became famous,people are using it and some government have already legalised Bitcoin.But ethereum is the best coin after Bitcoin and I think it has some chance against Bitcoin in future.But there is always a chance as anything can happen.As bitcoin's decentralization and security is best so defeating it would be hard for alts coin.
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August 21, 2017, 06:33:09 PM
 #908

The power of bitcoin is the number of developers (wallet providers), they actually make bitcoin great, but I'm sure all things can happen ETH is a very good coin to beat bitcoin.

Bitcoin will always be bitcoin and as such as prime coin he will always be most worth. Everything else is attempt to beat bitcoin in price and everything else. Always will be some coin that is close or near to beat him, but eventually bitcoin will be prime always. ETH is good examples that will come "maybe" near but this will remain on word "maybe".



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August 21, 2017, 06:42:13 PM
 #909

By your definition of alternate coins, is it just alternate currency coin against BTC or plainly alternate coin?

If we are discussing about just currency coins then I think it will take a large amount of effort and new technology to surpass BTC which then lead to a price market spike (Nimiq might be disruptive in the future). If it's plainly alternate coin, then sure there's quite a few that can definitely rival BTC if they managed to achieve what they are set out to do, once again only if they do achieve their vision. A couple of these includes Golem and SIA.

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August 21, 2017, 11:35:33 PM
 #910

Depending on alts, all have very similar problems like in bitcointalk. Now they will be with people who are heavily inflated blockchains and transactions are slow and very expensive.
I hope you are aware of the present worth of both, Bitcoins and Ethereum but still, I would like to remind you. Bitcoins present worth is 4065 dollars and one Eth is 0.0699 BTC, which means 285 dollars. With this huge difference, altcoins stand no chance against bitcoins. The predictions also say that BTCs will touch 6k dollars before New Year.
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August 21, 2017, 11:47:48 PM
 #911

The power of bitcoin is the number of developers (wallet providers), they actually make bitcoin great, but I'm sure all things can happen ETH is a very good coin to beat bitcoin.

That is right, and now there is Bitcoin Cash being developed and attracting miners. I really think they can over run bitcoin segwit.
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August 21, 2017, 11:52:42 PM
 #912

I have been seeing Bitcoins' price rising with a stability in its growth, but due to the higher mining fee that is being levied on transactions these days, big businesses are now moving their funds towards alts and taking advantage with their least fees as well as shaping a completely new economy in the trends of altcoin markets. Do you think this may harm Bitcoin's dignity and open up a chance in real for alts to rise?
Probably yes. All cryptocurrency including Bitcoin, depends on the market demand in terms of its value. If the demand is low for Bitcoin, it will make its price fall. It id just that, bitcoin remained and considered to be thr no. 1 crypto because it has a large community. And if its users will transfer to alts, because they find alts more benifitial to them, negative effect will go to Bitcoin.

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August 22, 2017, 12:03:05 AM
 #913

There is noy way, at least in the near future that any altcoin will surpass Bitcoin in terms of market cap. There is the old saying, "Bitcoin is king", and we say that for a reason. Smiley

Bitcoin is the first and most popular cryptocoin ever created. Its founder is super mysterious and we are all here because of it (after all, this forum is literally called "Bitcointalk"). Tongue



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xJuturna
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August 22, 2017, 12:05:35 AM
 #914

As far as the exchanges go I believe alt coins give you the potential to earn more money quicker but with a bit more risk. Obviously you can just hold btc , buy low, hold repeat but alt coins tend to be a bit sporadic and you can make a bigger profit since they are cheaper and mostly directly correlate with the current price of BTC. As far as surpassing in the usefulness aspect, there are some promising alt coins out there with their own purpose but I don't really see anything replacing bitcoin in the near future.
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August 22, 2017, 12:36:37 PM
 #915

Altcoin a.k.a "Alts" as the name goes it will always be just the alternative one. I'm not judging by its name it is just that this is what reality been teaching as this past few years. Altcoin can stand and be valued high at anytime but it can't  replace or even position on equal with bitcoin.
Yes you are right, bitcoin can’t stand by side with bitcoin, because bitcoin cross altcoin so much in price factor and the only thing that differentiate at these cryptocurrency coin is price, and bitcoin is so far ahead then altcoin, look at the rate of price increasing, bitcoin increase its price 110% every month while altcoin only increases 15% per month.
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August 26, 2017, 12:59:45 PM
 #916

Yes off course altcoins have a great future I think the work is moving from paper currency to digital currency and if we move digital currency then in future demand of the digital currency will be high and then demand high the automatically go up.
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August 26, 2017, 01:09:34 PM
 #917

The power of bitcoin is the number of developers (wallet providers), they actually make bitcoin great, but I'm sure all things can happen ETH is a very good coin to beat bitcoin.

Bitcoin will always be bitcoin and as such as prime coin he will always be most worth. Everything else is attempt to beat bitcoin in price and everything else. Always will be some coin that is close or near to beat him, but eventually bitcoin will be prime always. ETH is good examples that will come "maybe" near but this will remain on word "maybe".

Agreed with you. At the moment, nothing can replace the bitcoins as it has earned that reputation over the years. Going forward the price of the bitcoins will keep increasing and if any alt gives the competition just like eth, it will be really difficult for them to match up the popularity of bitcoins.
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August 27, 2017, 04:02:59 PM
 #918

If we compare them now , it is obvious that bitcoins are the best crypto currency and alt coins don't get a stand in front of it. People use bitcoins to buy altcoins , alt coins was started because of the success of bitcoins , it became the first crypto currency to gain value of $4000. Bitcoins have a big community behind them and the users are increasing in numbers ,
But we cannot say about the future , alt coins like ethereum have good potential, it may seem impossible but can happen in future .
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August 27, 2017, 04:17:38 PM
 #919

The power of bitcoin is the number of developers (wallet providers), they actually make bitcoin great, but I'm sure all things can happen ETH is a very good coin to beat bitcoin.

Bitcoin will always be bitcoin and as such as prime coin he will always be most worth. Everything else is attempt to beat bitcoin in price and everything else. Always will be some coin that is close or near to beat him, but eventually bitcoin will be prime always. ETH is good examples that will come "maybe" near but this will remain on word "maybe".

Agreed with you. At the moment, nothing can replace the bitcoins as it has earned that reputation over the years. Going forward the price of the bitcoins will keep increasing and if any alt gives the competition just like eth, it will be really difficult for them to match up the popularity of bitcoins.
That's the hardest problem encountered by other crypto-currency developers, bitcoin has become a prima donna in the world of crypto currency although there are some crypto currencies can attract investors but it happens just a moment like eth that has slowly lost its devotees.

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August 27, 2017, 04:53:36 PM
 #920

If we compare them now , it is obvious that bitcoins are the best crypto currency and alt coins don't get a stand in front of it. People use bitcoins to buy altcoins , alt coins was started because of the success of bitcoins , it became the first crypto currency to gain value of $4000. Bitcoins have a big community behind them and the users are increasing in numbers ,
But we cannot say about the future , alt coins like ethereum have good potential, it may seem impossible but can happen in future .
Yeah, current bitcoin is still number one but the future is unpredictable because the competitor with bitcoin is very much, if Bitcoin does not try to improve and upgrade in the future, the competitors will be defeated and replaced Bitcoin. This is a very fierce market, any time Bitcoin stop development, altcoin will also take advantage of the opportunity against it.

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