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Author Topic: Do you see alts have chances against Bitcoins?  (Read 51005 times)
Shikaina
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October 29, 2017, 10:19:49 PM
 #1101

There are alternate cryptocurrencies that we know real good to be competitive in value but im sure they are not going to replace bitcoin.
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October 29, 2017, 10:46:19 PM
 #1102

There are alternate cryptocurrencies that we know real good to be competitive in value but im sure they are not going to replace bitcoin.
You are right, Currently there is no chance for alternate cryptocurrencies to be against bitcoin, At least in 10 years later, bitcoin will be stronger, and unbeatable in this long period of time, I say that, because nowdays we know that bitcoin is not popular enough, and if it will be more famous, the potential of bitcoin will increase a lot and the price will go to the moon.

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October 29, 2017, 10:47:30 PM
 #1103

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?

It is deem possible for a certain altcoin to have a neck to neck battle on bitcoins but it is hard to determine which one had the chance. Maybe today there were few ones which we considered to have potential but still they need ti gain more support in order for them to compete with bitcoins.  



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October 29, 2017, 10:54:26 PM
 #1104

Alts all have a potential to be as big as bitcoin none have really come close yet. Bitcoin as is is the best of the lot of them and every alt is valued against it. Bitcoin has the biggest market share.

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October 29, 2017, 11:35:17 PM
 #1105

The only reason why alts exist because of people that don't understand how it takes time for a network to coordinate a scaling improvement to the network. Once BTC solves it's scaling problems, alts won't exist.
That is not true at all,there are many scam and useless coins but then there are coins used for different things,like if you care about privacy ,as you know it is not the best coin that gives you the privacy,for that you need to use Dash or Monero ,so even if bitcoin solves its scaling problems ,these major coins will be alive.
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October 29, 2017, 11:37:30 PM
 #1106

Alts all have a potential to be as big as bitcoin none have really come close yet. Bitcoin as is is the best of the lot of them and every alt is valued against it. Bitcoin has the biggest market share.

Well they have  the potential but none of them is doing much, the market volume of bitcoin far outweighs them and until probably a better technology comes into effect i don't see any of the existing altcoins overtaking bitcoin.
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October 29, 2017, 11:44:33 PM
 #1107

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?
There are altcoin that has huge potential but Bitcoin have established its dignity as being the no.1 cryptocjrrency for a long period of time. Its community is growing. Its market value is getting more expensive and that's true but unlike what you've said, it is an advantage. It will become a reason that will welcome more users and investors towards it because their profit will be bigger that will also close the door for altcoins to 'defeat' Bitcoin.
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October 29, 2017, 11:48:22 PM
 #1108

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?

Maybe. But it's really hard to tell the future of bitcoins specially if it's about who's better than who. It really depends on how much of an impact alt coins make on the total market share of bitcoins. It also helps alt coins if their supply and demand are better than that of bitcoins. The way I see, however, alt coins will have their chance sooner or later. BTC won't always be king, pessimistically speaking.

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October 30, 2017, 12:02:17 AM
 #1109

Nothing is impossible after bitcoin resistance can occur, but personally I think bitcoin will have the ability to survive for the next 100 years and it has been proven that bitcoin has good price strength.
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October 30, 2017, 12:13:38 AM
 #1110

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 agree, this will be possible to happen if the problem in bitcoin willnnot be solved as soon as possible. It will be a great opprtunity to altcoins to defeat bitcoin. But as what I see now, bitcoin was pretty good and its value was continue increasing. Bitcoin was slowly developing ang growing. And I believe that bitcoin will not let other currency be ahead on it.

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October 30, 2017, 12:26:00 AM
 #1111

Maybe,altcoins have chances too but will never defeat bicoin. Based on my observation, bitcoin will last long, as of this time bitcoin is very expensive and yet the demand still increases.

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November 03, 2017, 02:40:07 PM
 #1112

Bitcoin and altcoin is supposed to go along side with each other. in order to develop its feature and remove the limits bitcoin has to offer innovation shall be made thorough making alt coin. Coin has its own function, it was created for a specific purpose which is basically not to compete with bitcoin.

Its really obvious that altcoin can never instantly reach the Current status of bitcoin, and developer knew it since they started making coin. Alt coin was not intentionally made ti kick out bitcoin but to help advanced and develop its features and function. Altcoin will only be a threat to bitcoin once it reachs the same state of bitcoin. But its way too far from the second established coin.
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November 04, 2017, 07:06:12 PM
 #1113

I do not think so. Bitcoin is very popular right now. Most people associate crypto currency with bitcoin only. Many alt coins are growing now but not enough. And I do not think that any of alts has a chance to beat bitcoin.
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November 06, 2017, 07:32:11 AM
 #1114

Alternative-cash are able to be higher ranked but can not little bit down Bitcoin from the position. Just like bucks which is generally accepted to buy and sell items within the worldwide market so is Bitcoin a major coin for crypto-deal apart from the alt-coins.
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November 06, 2017, 07:47:08 AM
 #1115

There could be a possibility about this.
But i think it wont happen in the near future.
Bitcoin is just so popular right now that people even refer to cryptocurrency as bitcoin only. Some people even doesnt know what is an altcoin but they do use bitcoin.

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November 06, 2017, 07:53:17 AM
 #1116

There are some alts that has potentials but as of now bitcoin is unbeatable despite of its volatility nature but its still more popular than any coins right now. That's why I can say that alts have no chances against bitcoin as of now.

For me i don't see the current alts have any changes maybe some might come in future with a new or better technology and could give bitcoin a run for its money but for nowe i don't think any of those on the market stand a chance since they are all  bitcoin forks.
Until the last bitcoins is mined from the system, I don't think that any alt coins will have the chance to overtake bitcoin for the time being. But after it happens and the last bitcoin is mined, investors are going to go to a new cryptocurrency that may give them the same or more profits than bitcoins.
Popularity and also knowledge are the factors here for Altcoins to have a chance to beat Bitcoin. Right now the most popular cryptocurrency is Bitcoin, it is so popular that you will know Bitcoin first before even the word cryptocurrency. By the time that people have settled in and know what Bitcoin is they will now stroll on other options such as other Altcoins from which they will now invest with. But with what I am seeing Bitcoin will still be King for many years to go.
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November 06, 2017, 08:38:05 AM
 #1117

BTC has become a digital money and already many people who invest and take to the big advantage almost the same as gold bullion for the best investment tool.
However, for the most part, chances are you will never see a nice pass of Bitcoin to invest
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November 06, 2017, 08:40:38 AM
 #1118

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?
At this point, the market value of Bitcoin is way higher than the price of altcoin. So i think, it won't have a chance to beat Bitcoin due to high market demand since Bitcoin has the largest community among any other cryptocurrencies making it the no.1 cryptocurrency for a long period of time.

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November 06, 2017, 08:44:13 AM
 #1119

It's very risky, invest all your money in bitcoin. In bitcoin you need to invest only the money that you are not afraid to lose, because bitcoin is highly susceptible to fluctuations and very much depends on news and people's trust.

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November 06, 2017, 08:54:07 AM
 #1120

Altcoins are growing each day, new ones appera all the time and mayn of them hope to be new bitcon. But at this point I can't see how this could be possible. Thre are some worth investing that have certain perspective for the future but I don't believe that any of them will ever achive what bitcoin has and have such value and adoption. So, no, altocins can't beat the bitcoin and can't take its' place in cryptocurrencies world.

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