Do you see alts have chances against Bitcoins?

[Meycell]

This is a community. Altcoins does not mean they're trying to take bitcoin down. I don't understand why we always try to see bitcoins and altcoins as enemies.

yeah i agree with you , altcoin there is not value without bitcoin. and i think bitcoin more famous because altcoin too. many user of bitcoin mining bitcoin through altcoins

[Fatanut]

I have heard and been asked this question many times over the years. At the end of the day, it is like saying do you think Twitter will take over Facebook, or will Chrome take over Firefox. There is enough space in the future market to allow all to exist for their own case. The beauty is that we have all of these different coins and someone might prefer one over the other based on their own desires or needs. Some people will say they love Samsung phones others swear by Apple. Such is the case and will remain the case. I would hate to live in a world with one choice, then we are back to square one and stuck with EUR or USD etc.

One saddening fact about humans is that we want to compare every single thing that has similarities. People compare singers just because they are both beautiful or white even when they sing two different genres. In reality, these two don't necessarily compete at all. They both grow on their own way. Just like flowers, they grow by their own. They don't kill the other plants and flowers near them, they simply bloom.

Bitcoin and altcoins is analogous to this. They both grow on their own. They don't compete at all, but people love to speculate. Bitcoin and altcoins are actually helping each other grow because when altcoins advertise, they are advertising the cryptocurrency as a whole. While bitcoins help altcoin grow because most people that know of bitcoins are inclined on reading some stuffs about other coins.

[roomfirst]

Yes, they have chances against bitcoins. Especially bitcoins have a big issue lately, the confirmation for each transaction is so long to wait and makes the fee become high too. If the alts can see this and can make the transaction fast, i think it will be good for the alts.

[investinator]

Yes, they have chances against bitcoins. Especially bitcoins have a big issue lately, the confirmation for each transaction is so long to wait and makes the fee become high too. If the alts can see this and can make the transaction fast, i think it will be good for the alts.

Its sad because theres a faction of miners that seem to be preventing solutions to the scaling issues while holding large amounts of alts. It seems like a convenient way to pump their altholdings while still doing well in bitcoin which is rising steadily for now despite the problems.

[iluvpie60]

Bitcoin will keep going. Some alts may fill a niche or help in another area.

I am watching for any coin that goes for the medicine or science community. Something that is for funding these fields and a coin created to help poorer countries would be awesome.

[joganuts]

Alts aren't against Bitcoin, they're developments on Bitcoin (except for copycats).

Most businesses which accept altcoins are accepting both Bitcoin and altcoin payments.  Bitcoin should be viewed as a pioneering currency, which doesn't necessarily make it the best in existence.  However, Bitcoin's long-term purpose will be very different to its current purpose.

Even with scaling solutions Bitcoin will never be as convenient as newly developed and regularly forked / less immutable alts can be.  For that reason, Bitcoin will be seen more as a "master currency" while others are traded with Bitcoin and savings are held in Bitcoin.

If we will going to look on the wider essence of altcoin we could see what it brings or do to bitcoin. I agree that bitcoin is not against in the first place to compete on bitcoin because bitcoin already established a name and a value in the market. Bitcoin mostly need altcoin to balanced its stock for the users to have choice in other transaction and to build a new crypto coin to the market for some reasons. But its main purpose is really to help bitcoin itself.

[South Park]

Bitcoin's not going anywhere.  It's the gold standard.

I think there is room for "alts" if they can do something better than bitcoin can, or if they can do something that bitcoin can't.

The obvious thing is low transaction fees for smaller payments.  Bitcoin seems to be giving up that segment at the moment, though it's possible it could reclaim it in the future.  Now's the time that an "alt" could gain traction here.

The most exciting new thing, though, and something that bitcoin doesn't really do at all, is smart contracts.

I think Ethereum is the start of this, and those that build on it and expand the contract functionality have a lot of potential.

Correct any altcoin aiming to be on top is probably going to fail, they need to try to do things bitcoin does not do, LTC is quicker and that is why some consider it the silver of the crypto world, Ethereum does smart contracts, monero offers true anonymity.

[zarintasnim]

I see the alts have no chance against bitcoin. Bitcoin creat room  in the market and other coin just follo bitcoin. Bitcoin is roll model to other coin. Alts coin  just follo bitcoin.

[bitcoinisbest]

Bitcoin will keep going. Some alts may fill a niche or help in another area.

I am watching for any coin that goes for the medicine or science community. Something that is for funding these fields and a coin created to help poorer countries would be awesome.

Well bitcoin can fill any category of fields irrespective whether its commerce, science, business, satellite etc. It can also help poorer country as they can have their btc address and world can transfer the needy people btc to their address and they can sell it on local exchange and get money against it.

[Ucy]

Litecoin has really good chance of becoming a major contender soon. It likely will be better than Bitcoin after the upcoming Lightening Network update.  Bitcoin has been very disappointing thesedays. Competition is a beautiful thing

[27QVUTZj8rgZP1]

Do you see alts have chances against Bitcoins?

I believe they have, but as payment systems (NETELLER, SKRILL, PAYZA, BITPAY) only care to accept Bitcoin deposits/withdrawals I have no choice. I would like to see another currency added, such as Litecoin because Bitcoin is no advantage for me anymore then I am dropping it.

If you think the same, please let our voices be heard and complain to each service you use.

Thank you!

[Colt22]

Yes, they have chances against bitcoins. Especially bitcoins have a big issue lately, the confirmation for each transaction is so long to wait and makes the fee become high too. If the alts can see this and can make the transaction fast, i think it will be good for the alts.

The time of confirmation is not a big issue and I think the developers will be busy to solve that issue and if that issue is solved then the fees will also reduce and the main thing in bitcoin is the security of bitcoin. Bitcoin is a more stronger currency and is more secure which not other coins have so people will not like to risk their money.

[emezh10]

Really it is they are many altcoins in the market you really have a high value like zcash, ethereum, monero etc. so they are almost like bitcoin but as we can see bitcoin is too far when it comes to price but the altcoin still have a chances becoming a successful too in the digital more and really they have a great potential.

[iluvpie60]

ETH and XRP have a very real chance at going somewhere.

ETH still has 2 more implementation to undergo before it is considered mostly completed.

XRP has thing sunder development too right now and they just did a locked coin program where coins are locked up for awhile. That will make price go up.

XRP could get to a few dollars in USD soon, it was up from 5 cents to around 45 cents recently.

Hope you have some of everything!

[VitorPl4y]

Yes. There are a lot of coins with huge potential.
ETH, XRP, DCR, LTC with recent pump, and future launched coins may be able to rise like BTC. Maybe not reach Bitcoin, but still have a big value in the market.

[TheWallStreetCrew]

Yes. There are a lot of coins with huge potential.
ETH, XRP, DCR, LTC with recent pump, and future launched coins may be able to rise like BTC. Maybe not reach Bitcoin, but still have a big value in the market.

Anything is possible but i dont think anybody see that happening at least wihtin the next few years./

[VitorPl4y]

Yes. There are a lot of coins with huge potential.
ETH, XRP, DCR, LTC with recent pump, and future launched coins may be able to rise like BTC. Maybe not reach Bitcoin, but still have a big value in the market.

Anything is possible but i dont think anybody see that happening at least wihtin the next few years./

Maybe not, but we can't predict the future. We never know if a huge company or even a country is going to adopt a cryptocurrency. Which can lead to a huge price rise. I trust that there are coins that will follow bitcoin wherever he goes.

[Sadlife]

It's hard to actually speculate what will happen in the future for bitcoin but bitcoin has faced many issues in the past and still survive no matter what, if an scaling doesn't get implemented it might be possible that alts may replace bitcoin like ETH, DASH or MONERO.
bitcoin will get through because legends doesn't simply die.

[Janation]

Yes. There are a lot of coins with huge potential.
ETH, XRP, DCR, LTC with recent pump, and future launched coins may be able to rise like BTC. Maybe not reach Bitcoin, but still have a big value in the market.

That digital currencies has huge potential, no one can deny that, but they don't have any chances agaisnt bitcoin, and if they do, they must have done it by now with the bitcoin has many problems. And I don't think that it has a chance, the way we call it, altcoin, it is just an altcoin.

[VitorPl4y]

Yes. There are a lot of coins with huge potential.
ETH, XRP, DCR, LTC with recent pump, and future launched coins may be able to rise like BTC. Maybe not reach Bitcoin, but still have a big value in the market.

That digital currencies has huge potential, no one can deny that, but they don't have any chances agaisnt bitcoin, and if they do, they must have done it by now with the bitcoin has many problems. And I don't think that it has a chance, the way we call it, altcoin, it is just an altcoin.

I know at the end bitcoin will always be the first and most valuable coin. But this doesn't change the fact that there are tons of altcoins with great potential. So, who knows how much a altcoin can be worth in the future?