CraigWrightBTC
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May 22, 2017, 03:14:40 AM |
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Clearly if you analyze big and new alts yes they do have the power to battle against bitcoin network,they have the chance to beat up bitcoin if and only if big investors and some companies will push to go for good and better projects
Do you can give us clearly? Or you can give detail about your analysis about the altcoins, many altcoins out there which are the altcoins? Because many projects on altcoins and many investors made investments in the altcoins if you gives the detail it will be good for us.
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NatsuDragneel
Newbie
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Activity: 42
Merit: 0
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May 22, 2017, 06:37:27 AM |
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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?
No. Bitcoin is more powerful than the other cryptocurrency. Even now the price of the bitcoin is become higher . There is only a small chance that the bitcoin dignity will harm.
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DevilSlayer
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May 22, 2017, 06:45:13 AM |
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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?
For my opinion there is a small chance to other altcoin to stand up like bitcoins. But we know that the bitcoin is more powerful than the other cryptocurrency. We can't predict what will happen to the world of cryptocurrency.
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DoublerHunter
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May 22, 2017, 07:30:28 AM |
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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?
For my opinion there is a small chance to other altcoin to stand up like bitcoins. But we know that the bitcoin is more powerful than the other cryptocurrency. We can't predict what will happen to the world of cryptocurrency. Altcoins is still altcoins and bitcoin is still the king of the cryptocurrencies as of now but as you stated above, even it is small. There is still a chance for the altcoins to stand out like bitcoin and be the next bitcoin in the market but i think it will take a lot of years because bitcoin is too far and the gap between altcoin and bitcoin is too big so it is not that easy for altcoins to replace bitcoin.
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tosmartak
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May 22, 2017, 08:02:33 AM |
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It can't really be predicted but anything can happen. Though, one thing I am sure of is that the players and investors in the bitcoin community won't want that to happen. I may be wrong though, cause from the look of things, some altcoins are beginning to gain some grounds which I am sure bit coin price is one of the driving factors but what I can't say is the other factors that may as well be driving them and how strong those factors are, compared to bitcoin's effect on them.
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Harlot
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May 22, 2017, 08:08:08 AM |
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It can't really be predicted but anything can happen. Though, one thing I am sure of is that the players and investors in the bitcoin community won't want that to happen. I may be wrong though, cause from the look of things, some altcoins are beginning to gain some grounds which I am sure bit coin price is one of the driving factors but what I can't say is the other factors that may as well be driving them and how strong those factors are, compared to bitcoin's effect on them.
What you refer to players and investors of Bitcoin won't make it happen at all. You know why? Because Bitcoin traders are also Altcoin traders in general, when they see Altcoin as some kind of short term profit taking cryptocurrency they see Bitcoin as a long term investment. In general it would be hard for them to even manipulate the price of Altcoin in which Bitcoin is at now replacing a ruling king is hard to be done. Bitcoin took years to be where it is now, I don't see any scenarios on which an Altcoin will share the spotlight.
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azguard
Legendary
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Activity: 1484
Merit: 1001
Crypto-News.net: News from Crypto World
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May 22, 2017, 09:31:22 AM |
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It can't really be predicted but anything can happen. Though, one thing I am sure of is that the players and investors in the bitcoin community won't want that to happen. I may be wrong though, cause from the look of things, some altcoins are beginning to gain some grounds which I am sure bit coin price is one of the driving factors but what I can't say is the other factors that may as well be driving them and how strong those factors are, compared to bitcoin's effect on them.
You think that some will overtake bitcoin not gonna happen in long run for sure and maybe never. There is always that slight hope that it could happen but hard. Think that ETH ZCASH LTC or some other (to many to count) can do it on paper but in real its almost impossible.
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iamTom123
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May 22, 2017, 09:56:52 AM |
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Hard to speculate about future. We all can see that bitcoin right now is not exactly the best payment option or a currency. BTC is better suited to be an safe haven asset, capital investment and long term option for hoarders. Bitcoin is not doomed yet (Japan adoption!), there is still time to fix scaling problem and reach total dominance over altcoins. But if the scaling war will continue for extended period of time, it is possible that ETH, LTC or DASH will take over BTC dominance.
I believe that Bitcoin will always be the King of Crypto and all the rest are just its followers. The scaling problem that is affecting Bitcoin right now will be solved maybe within this year. Once the scaling problem is gone, we can witness a big boost of its value. Imagine that right now Bitcoin is already on the rampage, much more if it can be free from what is holding it right now. I am expecting that after the scaling is solved, we can look for Bitcoin to reach as much as 4K and beyond.
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taxmanmt5
Legendary
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Activity: 1190
Merit: 1024
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May 22, 2017, 06:01:16 PM |
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Hard to speculate about future. We all can see that bitcoin right now is not exactly the best payment option or a currency. BTC is better suited to be an safe haven asset, capital investment and long term option for hoarders. Bitcoin is not doomed yet (Japan adoption!), there is still time to fix scaling problem and reach total dominance over altcoins. But if the scaling war will continue for extended period of time, it is possible that ETH, LTC or DASH will take over BTC dominance.
I believe that Bitcoin will always be the King of Crypto and all the rest are just its followers. The scaling problem that is affecting Bitcoin right now will be solved maybe within this year. Once the scaling problem is gone, we can witness a big boost of its value. Imagine that right now Bitcoin is already on the rampage, much more if it can be free from what is holding it right now. I am expecting that after the scaling is solved, we can look for Bitcoin to reach as much as 4K and beyond. No, 4K is a very less amount for bitcoin price. I can see it beyond 40k within two years. Consider the fact very few companies around the world supports bitcoins and if all companies uses bitcoin, you cant even image where the bitcoin price will shoot upto. Altcoins will also benefit from the bitcoin price increase as people will invest and trade more with altcoins also and we have a full digital crypto world.
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xFiber
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May 22, 2017, 06:14:23 PM |
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Hard to speculate about future. We all can see that bitcoin right now is not exactly the best payment option or a currency. BTC is better suited to be an safe haven asset, capital investment and long term option for hoarders. Bitcoin is not doomed yet (Japan adoption!), there is still time to fix scaling problem and reach total dominance over altcoins. But if the scaling war will continue for extended period of time, it is possible that ETH, LTC or DASH will take over BTC dominance.
I believe that Bitcoin will always be the King of Crypto and all the rest are just its followers. The scaling problem that is affecting Bitcoin right now will be solved maybe within this year. Once the scaling problem is gone, we can witness a big boost of its value. Imagine that right now Bitcoin is already on the rampage, much more if it can be free from what is holding it right now. I am expecting that after the scaling is solved, we can look for Bitcoin to reach as much as 4K and beyond. Yep I strongly agree with you there. Bitcoin is the first and will be the greatest in my opinion. The only 'competitor that I think will be bigger than the other alts around is Ethereum. Bitcoin is only a way to store value and Ethereum offers smartcontracts etc. See what's happening right now witht the price. Companies are investing in it massively and that is translating in the price increase of this weekend and even today.
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stompix
Legendary
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Activity: 3066
Merit: 6627
Leading Crypto Sports Betting & Casino Platform
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May 22, 2017, 06:30:37 PM |
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Hard to speculate about future. We all can see that bitcoin right now is not exactly the best payment option or a currency. BTC is better suited to be an safe haven asset, capital investment and long term option for hoarders. Bitcoin is not doomed yet (Japan adoption!), there is still time to fix scaling problem and reach total dominance over altcoins. But if the scaling war will continue for extended period of time, it is possible that ETH, LTC or DASH will take over BTC dominance.
I believe that Bitcoin will always be the King of Crypto and all the rest are just its followers. The scaling problem that is affecting Bitcoin right now will be solved maybe within this year. Once the scaling problem is gone, we can witness a big boost of its value. Imagine that right now Bitcoin is already on the rampage, much more if it can be free from what is holding it right now. I am expecting that after the scaling is solved, we can look for Bitcoin to reach as much as 4K and beyond. No, 4K is a very less amount for bitcoin price. I can see it beyond 40k within two years. Consider the fact very few companies around the world supports bitcoins and if all companies uses bitcoin, you cant even image where the bitcoin price will shoot upto. Altcoins will also benefit from the bitcoin price increase as people will invest and trade more with altcoins also and we have a full digital crypto world. What's the point of using altcoins if all the world is using Bitcoin? There is simple no incentive of playing around with them , just pumps and dumps like now. If bitcoin will solve it's tx capacity there is no need for ltc or for dogecoin or for any other crappy coin. And if bitcoin is not going to solve this problem... then we're in a mess no shitcoin will save us.
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ecnalubma
Sr. Member
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Activity: 1540
Merit: 420
www.Artemis.co
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May 22, 2017, 07:06:23 PM |
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Some alts are gaining progress but some are dropping, we just do not know what will happen next market in crytocurrency is unpredictable, bitcoin markets glorify today but we must be aware on altcoins rising price like etherium may potentially surpass bitcoin no one knows.
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infer
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May 22, 2017, 07:23:40 PM |
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Clearly if you analyze big and new alts yes they do have the power to battle against bitcoin network,they have the chance to beat up bitcoin if and only if big investors and some companies will push to go for good and better projects
I do have the same thought like you. Bitcoin is just a beginning of everything about cryptocurrency and there are many other altcoins which are very strong andd powerful with a lot of potentials to rise and against Bitcoin. As you can see, ripple and ethereum are trying to do the best to become the #1 cryptocurrency
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Freezingel
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May 22, 2017, 08:06:08 PM |
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They have a chance against bitcoin as some other alt has better tech and development compared to bitcoin, but bitcoin will remain the king because of it's name and the popularity it got.
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szpalata
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May 22, 2017, 08:55:37 PM |
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Litecoin particularly has technical advantages over Bitcoin but doesn't enjoy the fame of Bitcoin so I don't know how it will have a real chance against Bitcoin.
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Pab
Legendary
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Merit: 1012
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May 22, 2017, 09:03:06 PM |
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It is enough to look market ETH is 0.08/btc doge is 140sat/btc.There is huge rapidly growning token markets,most of projects use eth smart contracts and hs main currency is eth
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cryp24x
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May 22, 2017, 09:14:39 PM |
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I alwaya believe alts have chances agains bitcoins. It is enough to look market ETH is 0.08/btc doge is 140sat/btc.There is huge rapidly growning token markets,most of projects use eth smart contracts and hs main currency is eth
People are now shifting to altcoin due to the confirmation time of bitcoin plus the transaction fee. This two factor forced bitcoin user to look for an alternative in terms of sending transactions. Aside from that there are also some payment processor that directly convert altcoin to fiat currency. This company helps alot in bringing more people to the alternative cryptocurrency.
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Japinat
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May 23, 2017, 01:36:19 AM |
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It is enough to look market ETH is 0.08/btc doge is 140sat/btc.There is huge rapidly growning token markets,most of projects use eth smart contracts and hs main currency is eth
That's what I notice that's why I love to put my money on projects under Ethereum, been cashing out lately with wetrust, edgeless, and Humaniq. I will continue to follow this trend since it's working for me I have made more profit than just putting my bitcoin and hold it, I know it rise lately but I earn more with altcoins investments.
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jekjekman
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May 23, 2017, 02:42:48 AM |
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Bitcoin is the real deal here, and altcoins is just another currency that would like to take a part of the growing industry that bitcoin is experiencing ever since. Altcoins are creating a thing that bitcoin never had because it is like a marketing strategy to attract people to use their created coin to have a value in price.
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betlord90
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May 23, 2017, 02:52:47 AM |
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For now no alts can defeat bitcoins since as you can see the dominance of bitcoins pressence is pretty much excellent rather than other who falls down at this moment but i pretty believe that ETH would be the greatest contender since if you track its little movement well you will feel amazed on what ETH got now.
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