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Author Topic: Do you see alts have chances against Bitcoins?  (Read 51003 times)
cloudproject
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March 29, 2018, 03:44:35 PM
 #1621

yeah some alt coin are good to invest, but not many
and any predict that maybe altcoin will conquer market in couple of year
but it still need take a long time

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bhabygrim
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March 29, 2018, 03:45:14 PM
 #1622

Well not right now I don't think that there would be an alt-coin that would replace bitcoin soon,
I think bitcoin would be the worlds leading crypto currency for a long period of time .

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Hasitha1001
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March 29, 2018, 03:49:45 PM
 #1623

actually 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.
poiska7662
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March 29, 2018, 03:55:38 PM
 #1624

for the purpose of earning in altcoin, it is. buying bitcoin in a small amount of investment would not be so smart not like in holding altcoin it would be x5 or higher.

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rampage101
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March 30, 2018, 09:15:31 PM
 #1625

I do not see them as rivals, as bitcoin is the basis of all altcoins, without it nothing will happen. I see the parallel coexistence of these coins, not rivalry.

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March 30, 2018, 09:38:33 PM
 #1626

Cryptocurrency behaves very unpredictable, and we are unable to say with certainty that bitcoin will be the main. However, it seems to me that it will be the main currency for us. Time will tell.

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March 30, 2018, 11:01:23 PM
 #1627

Bitcoin is the first digital currency, I can see some possibilities that it can be taken down by another digital currency still, bitcoin will be the first one and I think Altcoins has chances against bitcoin, well it is an alternative coin to bitcoin. Altcoin is better than bitcoin, but they can't defeat bitcoin in other terms especially bitcoin being the original and in terms of course of price.
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March 30, 2018, 11:08:30 PM
 #1628

The great advantage of bitcoin is being the first coin, it has opened its marked and made a room in it. It´s the coin that it´s being adopted and known by the people. Altcoins have to drive this road too, standing at the shadow of bitcoin. Some are doing well finding its own place like ripple or ethereum. I don´t think, today, an altcoin can replace bitcoin or take its place in the head of crypto but some coins can get a good place by its side.
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March 31, 2018, 08:26:15 AM
 #1629

I think if an altcoin is going to rival bitcoin it will need to do something unique, have a specific purpose and not just be a copycat of bitcoin. 

ETH as an example is doing just that, I do think at some point we will see a newcomer that will outshine bitcoin but when is the question.


It's almost a year after. Do you think any altcoin currently has what you describe as "having a specific purpose" asides ETH that you already mentioned? I want to say EOS because it seems to be an improvement on ETH but I would like to know your thoughts.
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March 31, 2018, 08:40:07 AM
 #1630

Bitcoin has already gained very great popularity. I do not think there is a currency that can beat the bitcoin from the first place. Yes, it has drawbacks with a large payment for transactions. But it also has great reliability

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Yantoaja
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March 31, 2018, 08:54:31 AM
 #1631

Alts have a big chance against Bitcoin because there's only 1 Bitcoin, but thousands of altcoins. Some are trash, we know. But some are actually very good with privacy or contract code features. I'm sure altcoin will beat bitcoin sometime in the future.
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March 31, 2018, 08:57:34 AM
 #1632

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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March 31, 2018, 09:03:03 AM
 #1633

maybe yes, maybe no, in cryptocurrency is full of unpredictable things.. yes right now bitcoin have a power in price than altcoin. but always there is possibility, maybe one day with low price of the altcoin than bitcoin, make altcoin being favorite for everyone and make the altcoin trading being success and liked for many people and impact to the trading being bigger. so maybe in this position altcoin can against bitcoin which have high price and limited customer.

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March 31, 2018, 09:45:41 AM
 #1634

I think it's going to be very difficult if altcoin goes to bitcoin, so there's little chance of altcoin against bitcoin, because now the bitcoin price is much larger than the altcoin price, so for now I think altcoin is still under bitcoin and it would be hard to fight bitcoin.

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March 31, 2018, 09:50:56 AM
 #1635

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's hard to tell what will happen, we will not know how much Bitcoin has been up to Altcoins, but I think the altcoins will overwhelm the Bitcoin, as many people are trading on Bitcoin.
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March 31, 2018, 10:12:20 AM
 #1636

It was with bitcoin that a huge investment interest began, which is now observed in the crypto-currency market. The digital money industry, which has reached a capitalization of $ 400 billion, owes this to bitcoin, who was able to draw attention to projects such as Ethereum. The emergence of the market of altcoyins was made possible by bitcoin. All altcoys, no matter how impressive and useful in terms of application they are, will always be number 2 after bitcoin. The connection between bitcoin and other coins lies in the technical aspect.
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March 31, 2018, 10:13:45 AM
 #1637

Actually, there are a lot of potential alts that is better than Bitcoin. In everyday people are getting smarter. So it is not impossible that there will come a time that alts will be better than Bitcoin. But I still believe that Bitcoin is the king of all.
Yes I agree with you. For me ethereum has the biggest potential to replace btc. But, I think it is impossible to happen because bitcoin has already gained its momentum of being the choosen one, with the highest market price compared to other coins. As we see the downtrend of price today, almost all alt coins seems to become worthless due to crisis that affect all cryptos. But still btc has the strength to withstand all these.
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March 31, 2018, 10:29:06 AM
 #1638


There is a possibility that alts have chances against bitcoin. Like for now, bitcoin's price dropped. We know that it's not permanent and it would bounce back soon. But most people can afford other alt coins because its cheaper.
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March 31, 2018, 10:42:03 AM
 #1639

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 not because of high mining fee only. Alt coins are very cheap and you can get a number of coins even with small investment. When the coin rises by 30-40% in a week or so, you can cash all coins and book good profit. In case of bitcoins, you will have to wait for this growth to happen. This can take months or even more at current bitcoin price levels and thus experienced investors are preferring alt coins.

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March 31, 2018, 10:52:49 AM
 #1640

I think no, bitcoin and altcoin are mutually beneficial relationships, it can be seen that when bitcoin prices go up the altcoin price also rises and vice versa, bitcoin will always be the parent and the main reference for altcoin.
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