Sithara007
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December 04, 2017, 05:07:28 AM |
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High fees is one of the biggest downside of bitcoin for a long time. Even I have a hard time to decide whether to make a transaction or not. However, bitcoin has maintained its value for many years. Just like what you've said, it has stability in its growth which entices more people to invest to it. As long as the value of bitcoin is as high as it is now, or even grow for the coming years, I don't see altcoins replacing bitcoin on top of the list of best cryptocurrencies.
I still don't know why the Core is so hell bent against increasing the block size. Just a few hours ago, I read an article in Coindesk which claimed that the BCH block size may be increased again next year. Good for BCH, I'd say. The core is killing the Bitcoin indirectly through the astronomic transaction fee.
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YoungMaster
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December 04, 2017, 05:29:40 AM |
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If there is a coin that closes the weakness of bitcoin(mostly in the mining fees), it could be that altcoin has a chance to beat bitcoin in the future. Because definitely, bitcoin is not always in its "golden age" for the next decade..
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Drakula
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December 04, 2017, 05:44:22 AM |
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If there is a coin that closes the weakness of bitcoin(mostly in the mining fees), it could be that altcoin has a chance to beat bitcoin in the future. Because definitely, bitcoin is not always in its "golden age" for the next decade..
I think so, Altcoins are another popular coins that have a potential to have a value as equal to Bitcoin. But as of now, it has no chance to exceed in Bitcoin or maybe it has but it's just a little chance. Like what you said, maybe in the future, it will replace Bitcoin in number one. Well, there's always a chance given to everyone to be on top and who knows that future is for altcoins.
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sheamus10
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December 04, 2017, 05:48:03 AM |
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High fees is one of the biggest downside of bitcoin for a long time. Even I have a hard time to decide whether to make a transaction or not. However, bitcoin has maintained its value for many years. Just like what you've said, it has stability in its growth which entices more people to invest to it. As long as the value of bitcoin is as high as it is now, or even grow for the coming years, I don't see altcoins replacing bitcoin on top of the list of best cryptocurrencies.
I still don't know why the Core is so hell bent against increasing the block size. Just a few hours ago, I read an article in Coindesk which claimed that the BCH block size may be increased again next year. Good for BCH, I'd say. The core is killing the Bitcoin indirectly through the astronomic transaction fee. BCH does have a chance to compete the BTC. but looking at the current BCH coin development, is still far behind with the development of bitcoin. It is true that you say, maybe if in terms of cost for BCH transactions there is still a chance to beat bitcoin.
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kiver
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December 04, 2017, 05:53:30 AM |
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i know i always say that bitcoin is more currency than asset but due to these high fees of bitcoin moving towards becoming a total asset like gold you keep it become more valuable by the time passes,and about the main sideline of the question (about affecting bitcoin dignity if the altcoins rise up) well bitcoin is unique and was the first crypto currency who comes around and all altcoins prices are based on bitcoin price and for this day no one made a coin strong enough to take over bitcoin hard earned place which will happen but i don't know when so in the end having an active market full of altcoins wont affect bitcoin in a bad way for now and i don't think one coin could cover the huge market demand which is increasing day by day
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Finestream
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December 04, 2017, 05:54:50 AM |
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If there is a coin that closes the weakness of bitcoin(mostly in the mining fees), it could be that altcoin has a chance to beat bitcoin in the future. Because definitely, bitcoin is not always in its "golden age" for the next decade..
I think so, Altcoins are another popular coins that have a potential to have a value as equal to Bitcoin. But as of now, it has no chance to exceed in Bitcoin or maybe it has but it's just a little chance. Like what you said, maybe in the future, it will replace Bitcoin in number one. Well, there's always a chance given to everyone to be on top and who knows that future is for altcoins. It's happening now, the mining fees are very expensive but people are still using bitcoin, it seems like it's not a big issue to them. The trust is really hard to take away but it's still good to see that there are some altcoins whom we can transact at a very cheap price, as long as the entire crypto market is healthy, it will benefit us and we should not be thinking of replacing bitcoin to the top.
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CARrency
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December 04, 2017, 05:59:04 AM |
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High fees is one of the biggest downside of bitcoin for a long time. Even I have a hard time to decide whether to make a transaction or not. However, bitcoin has maintained its value for many years. Just like what you've said, it has stability in its growth which entices more people to invest to it. As long as the value of bitcoin is as high as it is now, or even grow for the coming years, I don't see altcoins replacing bitcoin on top of the list of best cryptocurrencies.
I still don't know why the Core is so hell bent against increasing the block size. Just a few hours ago, I read an article in Coindesk which claimed that the BCH block size may be increased again next year. Good for BCH, I'd say. The core is killing the Bitcoin indirectly through the astronomic transaction fee. BCH does have a chance to compete the BTC. but looking at the current BCH coin development, is still far behind with the development of bitcoin. It is true that you say, maybe if in terms of cost for BCH transactions there is still a chance to beat bitcoin. I think BCH is more developed than BTC if you can realize that. BTC has slow confirmation unless you have a good fee to pay for the miners. While this is the features of BCH : Fast: Transactions are completed in seconds and confirmed within minutes. Reliable: The BCH network runs without congestion, and is scalable to handle further demand in the future. Low Fees: Send money globally for pennies. Simple: Easy to use, regardless of your level of experience with cryptocurrencies. Stable: It’s a payment system that functions as a proven store of value. Secure: Bitcoin Cash relies on the bitcoin blockchain (a forked version), described as the “world’s most robust blockchain technology.”I am not siding with BCH, because I know that it is an altcoin that is said to replace bitcoin, but BCH will always be and always be an altcoin, it will never be bitcoin despite it's development.
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Oliver A
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December 04, 2017, 06:04:23 AM |
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If a large number of retailers agreed to accept Altcoins, then it would be the gradual increase in the usage and demand of the Altcoin. Therefore, at some point, Altcoin may compete with Bitcoin.
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lehoang3369
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December 04, 2017, 06:07:45 AM |
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I think the alts have no chance to fight the bitcoin, now a lot of alts appear and lots of junk alts, the price of bitcoin is increasing day by day so the alts will not have the chance to fight off
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Taskford
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December 04, 2017, 06:33:28 AM |
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Some of the altcoins only have the chance against bitcoin because if you will compare most of the altcoin to bitcoin then you can easily see that only few of the altcoins has a serious project and also team that will continue to develop the coin into its maximum potential. The altcoins are just back up and as of now, most of them doesn't have a chance against bitcoin.
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Nowherman
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December 04, 2017, 08:09:33 AM |
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The main competitors of the bitcoin are Ethereum and Ripple. In my opinion they have a very great potential. It is possible that with the expansion of the Ethereum possibilities it can catch up with the cost of bitcoins. In turn, Ripple can be used by the global financial system, which will strongly push its value up.
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ajochems
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December 04, 2017, 08:17:48 AM |
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Some of the altcoins only have the chance against bitcoin because if you will compare most of the altcoin to bitcoin then you can easily see that only few of the altcoins has a serious project and also team that will continue to develop the coin into its maximum potential. The altcoins are just back up and as of now, most of them doesn't have a chance against bitcoin.
It's a good joke.Not even a single altcoin is equal to bitcoin.Just compare the price of bitcoin and all the altcoin. Bitcoin is in top of the mountain and rest of the altcoin is on various position of mountain. So it takes couple of years for the altcoin to replace the bitcoin. Not all the altcoin have the potential, only some of them have the potential. They are Ethereum, Waves, lite coin, Monero.
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xz
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December 04, 2017, 01:25:45 PM |
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Is it better to buy Bitcoin or altcoins in term of profit guys?
Try not to be stressed in light of the fact that altcoins has zero chance to be a famous and to grow up on the grounds that every one of the general population simply utilize bitcoins there are billions of individuals utilizing bitcoins however altcoins is not really known by a few people so on the off chance that you are contributing cash than you ought to put just in bitcoins.
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grizmoblust
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December 04, 2017, 02:20:37 PM |
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I think Bitcoin and altcoins have different development. We dont need to compare them. However, many people seem to focus on Bitcoin so much. They don't spend enough investment for altcoin
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Hawkers7
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December 04, 2017, 02:26:09 PM |
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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?
I'd say that you're going to be kind of hard-pressed to find any kind of altcoin that has a real fighting chance, but there are a few competitors that can have their own potential to take some of a market share from Bitcoin. For the most part, however, it is far more likely that you're never going to see an alt pass Bitcoin simply because of the services and communities built around Bitcoin. It's hard to break into a market like the one Bitcoin has secured for itself. Exactly, bitcoin was very ahead to other altcoins, it was the most useful cryptocurrency too. Bitcoin was more popular compare to altcoins and it can changed into fiat. I didnt any chance to altcoins to defeat bitcoin. Not just because of the higher mining fee that doesmt mean that altcoin will have a chance to beat bitcoin. Bitcoin has many characteristic that other alt coins doesnt have.
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gurunanakji777
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December 04, 2017, 02:26:41 PM |
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It is hyperbole to say now that alts have chances against bitcoin. Dash, Ethereum and Bch altcoins are are behind btc but they are very far as of now. But I can say these alts can give us also good profit. I use dogecoin for transfer my funds that charges very less transaction fee as compare to btc & fast too.
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kakrotssj1
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December 04, 2017, 02:31:56 PM |
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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?
Alta can not harm bitcoin for now. Even if the transaction charges are increased, it's price is increasing as well. This doesn't mean that alltcoin has advantage over botcoin. It may have occurred to you people that there are more cryptocurrencies introducing now, even Dubai is releasing it's crypto currency in near 2018 or 2019. There's a chance that they will reduce transaction charges to save bitcoin.
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rfj
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December 04, 2017, 02:34:22 PM |
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I think bitcoin and altcoin have different approach in our market. Bitcoin is the superior among all the cryptocurrencies but I must say, altcoins have a chance to stand against in bitcoin. There are few altcoins that I am eyeing, first is the Ethereum and the other one is Litecoin.
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trauchot
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December 04, 2017, 02:39:24 PM |
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Any cryptocurrency has big chances, the most important is that creators of these cryptocurrencies must develop their cryptocurrencies correctly as well as bitcoin, then in future many of these cryptocurrency will have a chance to get more demand than bitcoin. Not everyone has money for investing in bitcoin with current course, so many people investing in alts which can be go up same as bitcoin in short time.
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gabmen
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December 04, 2017, 04:17:54 PM |
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I think bitcoin and altcoin have different approach in our market. Bitcoin is the superior among all the cryptocurrencies but I must say, altcoins have a chance to stand against in bitcoin. There are few altcoins that I am eyeing, first is the Ethereum and the other one is Litecoin.
These two coins have good promise i'd agree but ti stand up to btc? I don't think so. Bitcoin is already far ahead from any alts and is likely at a point that not even eth can touch it.
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