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Author Topic: Do you see alts have chances against Bitcoins?  (Read 51002 times)
Reid
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May 03, 2017, 07:00:06 AM
 #381

Too many altcoins now, Dash,Zcash, Monero and Rep increases their prices too. But i think none of them can replace the stability of BTC in cryptocurency.
WRong. They all have the chance to knock down Bitcoin when they are strong enough. There are not many people know about Bitcoin and that is why the prices of other alt still very low

Nah, the second and third biggest market caps are centralized shitcoins. Ethereum will hard fork in a hot second if there is something the dev doesn't like and Ripple is the most centralized piece of shit of them all. Litecoins are fine, Monero is fine but I wouldn't ever see the need to invest in them unless I was trying to be a greedy little whiner because I didn't get into bitcoins soon enough. They all have big ups and big downs. Not worth it IMO.

I agree with you. Ether developers have betrayed their followers by forking whenever they want. That said, I suspect that there are some shady people pumping up both Ether and Ripple. Look at the valuations of Ether and Ripple. It is just ridiculous. They are overvalued by at least 10x. 
The only word that is suited for that is 'manipulation' the price of the altcoins now mostly ether and ripple is manipulated by the team behind it and also those early investors, they are all together and they are trying their best to make a hype for the coin to get some volume and promote it as a good coin but the fact is their coin is just a waste.

That is what you think but not for those who are supporting it.
They think this alts will be the one replacing bitcoin in the future but I doubt that will happen.
Trust have been made with bitcoin from the past until now and it is getting more harder as time goes on.
Looking at its price you can also tell the trust people made. They bought bitcoin because they know they would profit from it and can use it someday.
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May 03, 2017, 08:35:30 AM
 #382

Nothing alts have chances against bitcoin because bitcoin is the main cryptocurrency that buy anything alts. And they used bitcoin everytime they want to buy altcoin or they exchanged altcoin to bitcoin so nothing reasons.
But the realitly some altcoins can buy with your fiat direclty, let's say etherum people can buy this coin directly with local fiat currency such as dollars, euros or yuan. I'm not a big fan of etherum, but i must confess that etherum is one of the biggest competitor of the bitcoin, the question is which currency will win? on the other hand people prefer to use monero than bitcoin because of monero's anonimity nature better than bitcoin. All i can say there would be more competitors for the bitcoin in future, but untill now no one can beat bitcoin.
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May 03, 2017, 08:54:23 AM
 #383

Nothing alts have chances against bitcoin because bitcoin is the main cryptocurrency that buy anything alts. And they used bitcoin everytime they want to buy altcoin or they exchanged altcoin to bitcoin so nothing reasons.
But the realitly some altcoins can buy with your fiat direclty, let's say etherum people can buy this coin directly with local fiat currency such as dollars, euros or yuan. I'm not a big fan of etherum, but i must confess that etherum is one of the biggest competitor of the bitcoin, the question is which currency will win? on the other hand people prefer to use monero than bitcoin because of monero's anonimity nature better than bitcoin. All i can say there would be more competitors for the bitcoin in future, but untill now no one can beat bitcoin.

i believe it so. bitcoin is the mother of all this altcoins so i cant seem to find that they can beat what bitcoin has established for such a long time. their price may rise but not the point that they will be able to beat bitcoin.
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May 03, 2017, 10:45:53 AM
 #384

I see only a very few alts that have a potential chance against bitcoin, maybe 2 or 3 butnot more. And i think it will entirely depend on the technology used and the promotion done to make it popular
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May 03, 2017, 12:36:10 PM
 #385

Well i can say yes like ethereum will follow bitcoin. Last year if i am right the price of 1 ethereum was only below 20$ but now it hit more than 80$ these past few days. I am going to buy now some of it and see where it goes for a year or 2.
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May 03, 2017, 12:52:33 PM
 #386

obviously more altcoin coming would mean more improvement, am sure must of them would give bitcoin a run for it's money.

Bitcoin would not stutter over some Altcoins that are a mare copy of the original and that is bitcoin, I am pretty sure of it even though Altcoins are showing a great increase but it is only getting bitcoin ahead because of the movement of both alts and bitcoin I think it is a correlation between them, and never think that Altcoins would surpass bitcoin because it will not!
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May 03, 2017, 12:55:13 PM
 #387

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?

I think there are chances yet it is not big as the bitcoin because we all know that bitcoin today is very popluar and very useful to many people. Some people runs business using bitcoin, some has become rich because of bitcoin. And some reasons why other alts is have a low chances of being popular than bitcoin because we see that bitcoin is the major alts among others and sometimes if you have money that are other alts we exchange or convert it in bitcoin because of value increase.


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May 03, 2017, 12:56:21 PM
 #388

I agree with you. Ether developers have betrayed their followers by forking whenever they want. That said, I suspect that there are some shady people pumping up both Ether and Ripple. Look at the valuations of Ether and Ripple. It is just ridiculous. They are overvalued by at least 10x. 
Same could be said about current high value of bitcoin, decentralization aside, ETH supporters can argue that bitcoin is technologically far behind newer altcoins.
I don't like ETH, but at least Ether developers did what they can to diminish DAO fail. Sometimes strong centralized development is better than democracy.

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May 03, 2017, 01:19:25 PM
 #389

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?

Yes because the other alts is same as bitcoin because many people are using the other alts and many people are using bitcoin also. People tend to see some different advantages in alts and in bitcoin so that in their eys they use the alts that are more likely to make them good or rich. It is depends on the people what to use because it is up to them.

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May 03, 2017, 01:50:34 PM
 #390

Yes i see alts that have chances against bitcoin in terms of long term and not short term because you can see that the price of the altcoins are most undervalued and their features are very promising so if the bitcoin will be not be that good like on its younger days then bitcoin will fall and alts will rise to the market.

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May 03, 2017, 05:49:00 PM
 #391

What is good with alt is they can correct what bitcoin lacks in their implementation. I think, if there is an altcoin that can avoid the problems that bitcoin is facing right now, that coin can become the next bitcoin.
It would take a lot of years for any altcoin to gain what Bitcoin has now (reputation, adoption, price, etc.). I admit that there are quite a lot of great altcoins, but for me, if Bitcoin were gone for good, I would lose any interest in the digital crypto currency world.
If bitcoin were to disappear that will be an event that will be very traumatic the the world of crypto, since I’m sure many people will just keep investing and trading but there will be other people like you that will get out of crypto forever and that will not be good for the prices of all the altcoins.

We do not know that. What I know is that it is traumatic to wait a day for a transaction to confirm even when you paid a high fee and then the price suddenly plummeting or surging. We cannot control volatility but surging fees and late confirmation can be solve and they are just sitting on it. Like I said, if an altcoin can solve that, most likely people who are using crypto will shift into it.
Technically speaking we already have a coin that does that, and that is LTC also LTC already reached th threshold necessary to activate segwit so that will make it even faster and yet no one is leaving bitcoin, there is no doubt the price of LTC will keep going up but I doubt it will rival bitcoin price.

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May 03, 2017, 06:05:43 PM
 #392

ETH and XMR are two coins that can give tough competition to bitcoin in future as both of them are performing really well since long time and both have ability to take over bitcoin in near future.
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May 03, 2017, 06:26:48 PM
 #393

well ETH , ripplre , zcash , monero its still profitable ..so still had a chance for going high price soon in the future  Grin

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May 03, 2017, 06:42:48 PM
 #394

I think only ethereum has the most chance in this case, because they are preparing everything including smart contract and various projects for gold and silver trade. Many businesses are interested in using the current eth compared to other altcoins, this is very positive trend.



 

 

 

 

 

 


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May 03, 2017, 11:32:50 PM
 #395

All the other alts are losing value expect for ethereum now.
Which is bitcoins only rival now.
Litecoin is still the dobble ganger of bitcoin and always will be seen as just an after thought. Undecided
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May 03, 2017, 11:41:37 PM
 #396

All the other alts are losing value expect for ethereum now.
Which is bitcoins only rival now.
Litecoin is still the dobble ganger of bitcoin and always will be seen as just an after thought. Undecided

Yes but in the past few weeks, some other altcoins are increasing in value and they have a very promising road map. Maybe let's give them a few more years to prove their worth. Let us wait and see if there will be a huge change on their value.
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May 03, 2017, 11:55:16 PM
 #397

All the other alts are losing value expect for ethereum now.
Which is bitcoins only rival now.
Litecoin is still the dobble ganger of bitcoin and always will be seen as just an after thought. Undecided

Yes but in the past few weeks, some other altcoins are increasing in value and they have a very promising road map. Maybe let's give them a few more years to prove their worth. Let us wait and see if there will be a huge change on their value.
They are still be the same even in the future.. they have no huge development unlike bitcoin.. and bitcoin will be still the main crypto currency that worldwide use..
As we can see the price of bitcoin this day is really high and touch $1,500 value this is because of more development and the news about japenese buying more bitcoins.. that can affect the value of bitcoin because more people in japan are buying. and i think bitcoin will be locally use from japan..
So it means more development happening in japan. so bitcoin will be still in the top while those altcoin will be still in the 2nd..



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May 04, 2017, 12:06:17 AM
 #398

well ETH , ripplre , zcash , monero its still profitable ..so still had a chance for going high price soon in the future  Grin
I agree with you, ETH, ripple, zcash and monero is still profitable for trading altcoins, but i am doubt all of them
has chance to against bitcoin because they are still new altcoins be compared with bitcoin
and their marketcap are still little amount be compared with bitcoin too, will needs long time for them to against bitcoin.
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May 04, 2017, 05:31:33 AM
 #399

well ETH , ripplre , zcash , monero its still profitable ..so still had a chance for going high price soon in the future  Grin
I agree with you, ETH, ripple, zcash and monero is still profitable for trading altcoins, but i am doubt all of them
has chance to against bitcoin because they are still new altcoins be compared with bitcoin
and their marketcap are still little amount be compared with bitcoin too, will needs long time for them to against bitcoin.
In my opinion, do not even compete and wait for Bitcoin to give in to some other crypto currency. According to the forecasts of experts, Bitcoin is already leading and nothing will be able to defeat it. If I expect from the future price for Bitcoin it turns out in tens times more than today.
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May 04, 2017, 05:37:25 AM
 #400

well ETH , ripplre , zcash , monero its still profitable ..so still had a chance for going high price soon in the future  Grin
I agree with you, ETH, ripple, zcash and monero is still profitable for trading altcoins, but i am doubt all of them
has chance to against bitcoin because they are still new altcoins be compared with bitcoin
and their marketcap are still little amount be compared with bitcoin too, will needs long time for them to against bitcoin.
In my opinion, do not even compete and wait for Bitcoin to give in to some other crypto currency. According to the forecasts of experts, Bitcoin is already leading and nothing will be able to defeat it. If I expect from the future price for Bitcoin it turns out in tens times more than today.
As described the price might grow in multiples in the future years. Ongoing price increase is just an base for the future growth. Altcoins will forever serve as an alternate source for bitcoin, because based on blockchain several coins came to usage. But everything is used just for trading purpose, bitcoin is the one that went levels above to get adopted for investment, high volume transaction, currency, digital storage token and so on.

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