Do you see alts have chances against Bitcoins?

[shinratensei_]

Alts like Ether that provide a true value to the market, have a chance at competing with BTC.

Due to the latest result of ethereum market capitalization and ether is really possible to be a serious competitor for bitcoin. 7 billion dollars right now.

but more importantly, the alt market as a whole is already thriving. BTC dominance is getting lower over time,

Litecoin 24 hours trading volume has passed the bitcoin.
This gives a clue for us about the altcoin can't be called shitcoin (Although this can't be applied for all of the altcoins).

the current rise has slightly stopped that, but over time it will likely continue. BTC will most likely remain the top crypto, but a lot is happening in the space.

It will and another crypto will be following it.

[FiiNALiZE]

Bitcoin does not have any competition against Altcoins and other types of Digital Currency that are out in the world today. The only thing about Altcoins that most people like about is the price and the price usually does not last that long because the price of Bitcoin causes the price of the Altcoins moving up or down.

Bitcoin investments that use only Bitcoin will cause the whole value of Bitcoin to go up since there won't be as many people wanting to spend it. Bitcoin might not be a currency, it is an investment that will make people from everywhere in the world a bunch of money if they know how to use it properly.

[Hutalar]

Alts like Ether that provide a true value to the market, have a chance at competing with BTC, but more importantly, the alt market as a whole is already thriving. BTC dominance is getting lower over time, the current rise has slightly stopped that, but over time it will likely continue. BTC will most likely remain the top crypto, but a lot is happening in the space.

I do not believe that it will happen that any other coin like Ether will come and will replace of threat bitcoin as these coins do not have that much ability to compete bitcoin as they themselves are in the way to proof their ability which is not yet as people still doubt on the ability of other coins while in case of bitcoin everyone believe on it hat yes this coin is getting the success and will not be able to drop down in the future as many companies are coming and are adopting bitcoin as their currency for their clients.

You may have a point but remember Eth has several contracts under its banner. This tokens may increase its value over time and possibly surpassed bitcoin in their accumulated total but its only an opinion. Bitcoin is already establish and it becomes already a de facto cryptocurrency where most altcoins in trading is pair to btc.

But the marketplace of etherium is not much better like that of bitcoin everywhere every person is looking for a payment system of bitcoin if they are looking for anonymous transaction. No one have looked for eth for any of its shopping purpose.

[Hydrogen]

Coinbase is now accepting payments for litecoin.

If more retailers accept alts, that could easily increase their usage volume and demand to a point where they're able to compete with btc.

Its retailers and services like coinbase who will determine how well alts perform.

[Rahar02]

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?

If you mean that an altcoin will exceed bitcoin price and market cap, maybe yes.
Doesn't mean bitcoin is bad and will be banished​, abandoned by people. Bitcoin will last forever as it is a great cryptocurrency from the beginning of its creation and still on developing. But, if another coin offer better technology, faster, low fee, anonymous, stability in growth, it may has chance.

[kiklo]

Ok, I get your point. Litecoin is superior coin, technologically at least. Agree, for now it is.
So Following your logic - let's create a coin which will have transaction capacity comparable to Visa (it is insane number, I know) with fees lower that LTC.
So if SegWit and LN doesn't really matter the only difference would be getting Coibase Wallet and we have the most advanced coin, hands down.
You know what the problem would be with that coin? Bitcoin had near perfect initial distribution. All coins created after are worse because of that.

Yes, we can agree LTC is technologically superior to BTC.

Explain your Bitcoin had near perfect initial distribution , are you saying a bunch of nerds that ran PCs in their Mom's basement are the entire populace,
because I hate to break it to you , their is a whole world out there, especially the 3rd world that was denied the initial distribution.
(Lack of electricty is the great de-equalizer.)


 


FYI:
How many people do you think can afford to match Satoshi holdings of a Million BTC or so?  NOT MANY!
BTC is for the rich, and the transaction fees will price everyone else offchain , if they continue to use bitcrap instead of moving to alts.

FYI2:
The only way to have perfect distribution is to give everyone living on earth an equal % of a coin.
No Coin has done that.

[Questat]

Coinbase is now accepting payments for litecoin.

If more retailers accept alts, that could easily increase their usage volume and demand to a point where they're able to compete with btc.

Its retailers and services like coinbase who will determine how well alts perform.

Maybe the reason why LTC is skyrocketing now, I failed to buy when the price was low but I never regret
because I also have my bitcoin increasing in value.

Old alts has a chance, LTC, DASH, and ETH.

[LegendOF45]

I think everything is possible, now with 1 wallet etherium we could save a lot of altcoin and of course dev. etherium would do the best strategy to be number 1.

[DoublerHunter]

Coinbase is now accepting payments for litecoin.

If more retailers accept alts, that could easily increase their usage volume and demand to a point where they're able to compete with btc.

Its retailers and services like coinbase who will determine how well alts perform.

Maybe the reason why LTC is skyrocketing now, I failed to buy when the price was low but I never regret
because I also have my bitcoin increasing in value.

Old alts has a chance, LTC, DASH, and ETH.

I also failed to buy litecoins for a low price because i see that it jumps from $4 to around $15 and i think that is the final destination of the price but i'm wrong it keep going up just like the other atltcoins even if the price of bitcoin is high now. I think the altcoin market is dangerous right now because this kind of behavior for altcoins are very weird. So i just stay from holding bitcoin because i feel safe with it.

[ovvidiy]

I think everything is possible, now with 1 wallet etherium we could save a lot of altcoin and of course dev. etherium would do the best strategy to be number 1.

Yes, everything is possible. Depends only on users, because crypto currency depends only on their activity.

[vasrasus]

I think everything is possible, now with 1 wallet etherium we could save a lot of altcoin and of course dev. etherium would do the best strategy to be number 1.

Yes, everything is possible. Depends only on users, because crypto currency depends only on their activity.

ETH and waves are in demand now,they does provide development and tries to make a way to line with bitcoin. Those two were currently used in Encryptotel.

[TastyChillySauce00]

Alts like Ether that provide a true value to the market, have a chance at competing with BTC, but more importantly, the alt market as a whole is already thriving. BTC dominance is getting lower over time, the current rise has slightly stopped that, but over time it will likely continue. BTC will most likely remain the top crypto, but a lot is happening in the space.

I do not believe that it will happen that any other coin like Ether will come and will replace of threat bitcoin as these coins do not have that much ability to compete bitcoin as they themselves are in the way to proof their ability which is not yet as people still doubt on the ability of other coins while in case of bitcoin everyone believe on it hat yes this coin is getting the success and will not be able to drop down in the future as many companies are coming and are adopting bitcoin as their currency for their clients.

You may have a point but remember Eth has several contracts under its banner. This tokens may increase its value over time and possibly surpassed bitcoin in their accumulated total but its only an opinion. Bitcoin is already establish and it becomes already a de facto cryptocurrency where most altcoins in trading is pair to btc.

Everything is possible and so does altcoin overtaking the place of bitcoin and be number 1 leading all cryptos, just see how btc dominance changes drastically in recent time, If I recall, bitcoin dominance towards altcoin a year ago was above 70% but now it's only 56.5% (source http://coinmarketcap.com/). it's a clear sign that altcoins are now attracts more attention that many investors are now starting to invest into altcoin and be ready to grow up their wealth. Everything will have its end.

[mornabo]

I think everything is possible, now with 1 wallet etherium we could save a lot of altcoin and of course dev. etherium would do the best strategy to be number 1.

True, with altcoin sophistication it may be that users will be interested to use the altcoin and will start using that altcoin and will probably switch from bitcoin

[btcdiggingmaster]

Coinbase is now accepting payments for litecoin.

If more retailers accept alts, that could easily increase their usage volume and demand to a point where they're able to compete with btc.

Its retailers and services like coinbase who will determine how well alts perform.

Maybe the reason why LTC is skyrocketing now, I failed to buy when the price was low but I never regret
because I also have my bitcoin increasing in value.

Old alts has a chance, LTC, DASH, and ETH.

Yes, there are big chances in the market where people are completely attracting to the altcoin and bitcoin makes them drive to the cryptocurrency industry. Very soon many old coins like XMR, LTC, DASH, ETH, XRP will increase their value.

[choppork]

I think everything is possible, now with 1 wallet etherium we could save a lot of altcoin and of course dev. etherium would do the best strategy to be number 1.

I don't think "one wallet to store them all" is actually a good idea because the thief only have to find one Private key to hack everything from you. Also, there are exchanges out there that holds most of the altcoins, even the ones that doesn't have an ETH contract.

I think that Eth actually stand a chance against bitcoins, at least to reach a competitive level if not surpass bitcoins. Because new altcoins are using ETH contract. That serves as an advertisement to both coins. The new altcoin rides with the popularity of ETH and ETH gets new investors because of the people that have seen the advertisement of the new altcoin.

[SirPol85]

Everything is possible, because it is not controlled by anyone and the bubble can burst at any moment. The whole growth depends on the activity of users, if the activity decreases, bitcoin will lose the advantage.

[sunsilk]

Everything is possible, because it is not controlled by anyone and the bubble can burst at any moment. The whole growth depends on the activity of users, if the activity decreases, bitcoin will lose the advantage.

Yeah everything is possible and if you think that it's possible that bitcoin will be replace by an alt or let's specifically say ETH.

Consider first it's marketcap, it has the highest market cap and I really don't think that any of them will have a chance against with it.

And I believe that everything is possible to bitcoin when it comes to pricing, it can fly to the moon.

[kiklo]

The Reason BTC is Dying

is the Following

Am I the only one realizing that ~$1 fee to make a transaction is absolutely insane and defeats one of the core benefits of using bitcoin for daily transactions.

This is getting insane and is completely uncalled for, or am I wrong?

The reason none of the other Alts beside LTC are going to skyrocket ,
is only LTC is getting the direct LTC/Fiat Wallet on Coinbase.

It is all about the fee system.

And the reason , BTC is not a Store of Value
It requires millions of Dollars every month to keep the BTC network running,
thinking that outflow of money can continue to happen , when there are no transactions to help finance the miners, only proves the person believing that is a moron.
Gold or Silver you can store and forget til you need it,
BTC requires blockchain updates and multi million dollar infrastructure to keep it running, and they can't survive forever without transactions fees.

Saying BTC is a store of value, is like saying a walmart gift card is a store of value, because you can not guarantee the store will not be closed before you need to redeem it.
No BTC miners and your BTC is worthless, because it is frozen in a dead blockchain.

FYI:
No BTC Transactions = No Transaction Fees = No BTC Miners = Frozen Blockchain = Dead Bitcoin

 

[barnes13]

Everything is possible and is time to take advantage with this situation, gain more Bitcoin with trading altcoin and save the profit for the best moments when Bitcoin more valuable than now, cause maybe this situation can be change in another day, so enjoying the moment.

[jukka]

Everything is possible and is time to take advantage with this situation, gain more Bitcoin with trading altcoin and save the profit for the best moments when Bitcoin more valuable than now, cause maybe this situation can be change in another day, so enjoying the moment.

i dont really believe so. but if btc doesnt do anything for the scalability something can happen.