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Author Topic: Bitcoin vs altcoins, will they survive?  (Read 3962 times)
elektra (OP)
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June 07, 2017, 09:45:14 PM
 #1

I wonder what the general view is on this. It is obvious that having altcoins in the short term can be extremely profitable with amazing % increases. But it is probably not sustainable over the long term. Or can you actually put your money in altcoins and just let them sit there for the long term, like with Bitcoin and Etherium etc? Or should you always gradually move your short term profits from altcoins over to Bitcoin or Etherium to save for the very long term?

What are the views on the survival of the alctcoins? Say in the current top 50 list. Do you think they will still be prospering in 1-5-10 years? (granted of course that the whole marked would not crash completely a long with Bitcoin etc)

And by prospering I don't necessary mean they will be in the top 50. But at least that they will be worth more than they currently are.
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June 07, 2017, 09:56:20 PM
 #2

I wonder what the general view is on this. It is obvious that having altcoins in the short term can be extremely profitable with amazing % increases. But it is probably not sustainable over the long term. Or can you actually put your money in altcoins and just let them sit there for the long term, like with Bitcoin and Etherium etc? Or should you always gradually move your short term profits from altcoins over to Bitcoin or Etherium to save for the very long term?

What are the views on the survival of the alctcoins? Say in the current top 50 list. Do you think they will still be prospering in 1-5-10 years? (granted of course that the whole marked would not crash completely a long with Bitcoin etc)

And by prospering I don't necessary mean they will be in the top 50. But at least that they will be worth more than they currently are.
Bitcoin has the potential to increase in price because it was the original cryptocurrency and it began the whole Altcoin trading thing so I am pretty sure that if Bitcoin drops from the #1 rank then the other Altcoin will have to pay homage to Bitcoin’s source code and the price of Bitcoin will place Bitcoin up on the #1 spot again.

The price of an Altcoin is usually moved due to the price of Bitcoin so why have it?

 
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June 07, 2017, 09:59:08 PM
 #3

I think they will survive, because they're offering something else that bitcoin doesn't. Some are more anonymous, some are faster, some offer better investment opportunities, some are better for trading i.e. more volatile. Bitcoin can go its own way and altcoins will have their own.
In 5 years bitcoin could become very stable and traders will look for something new. Also, don't forget about ICO investors. Some people are making huge money on new altcoins.

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June 07, 2017, 10:06:13 PM
 #4

I wonder what the general view is on this. It is obvious that having altcoins in the short term can be extremely profitable with amazing % increases. But it is probably not sustainable over the long term.
This is not totally true. For example, think about ethereum. As you now eth is one of the biggest altcoin but still an altcoin. You can invest your money to the eth. for short term and also for long term.The profit of eth is nearly X10 from january 2017. You might be right for some many coins which has small market cap. But this is not the case for all altcoins.
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June 07, 2017, 10:17:58 PM
 #5

I think altcoin survival depends on it developers and how their marketing be able to cater supporters and community.  Once an altcoin is launched it was given a chance to prove itself.  It maybe slow for sometime but those who proved themselves shows an increase in volume and price.  Meaning some investors were getting in to this altcoin.



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June 07, 2017, 10:26:41 PM
 #6

Yes! I don't see why BTC should be the only cryptocurrency. I believe Ether and Monero are good, too. I doubt there could be more than 10 successful altcoins, though. I'm amazed with ripple, which I see as a huge scam, but look at it, it has risen like crazy since the beginning of this year.

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June 07, 2017, 10:32:01 PM
 #7

Yes! I don't see why BTC should be the only cryptocurrency. I believe Ether and Monero are good, too. I doubt there could be more than 10 successful altcoins, though. I'm amazed with ripple, which I see as a huge scam, but look at it, it has risen like crazy since the beginning of this year.

I also believe that it is not right to see bitcoin as only worthy cryptocurrency.  There are lots of new altcoins there that has more advance technology than Bitcoin.  The only advantage of Bitcoin is being the first mover to decentralized blockchain.  Bitcoin anonymity is flawed since we can trace people once they attached their identities to an address that is connected to the other addresses used by the user and some altcoin solved that.  Anyway, I also belive that altcoin can survive because population is so huge that Bitcoin alone cannot cater them.
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June 07, 2017, 10:37:59 PM
 #8

Or can you actually put your money in altcoins and just let them sit there for the long term, like with Bitcoin and Etherium etc?

Or should you always gradually move your short term profits from altcoins over to Bitcoin or Etherium to save for the very long term?

Moves our short-term profit to the bitcoin form and avoided the dump on altcoin and with your profit, you can try your luck to buy again on the dips.
What are the views on the survival of the alctcoins? Say in the current top 50 list. Do you think they will still be prospering in 1-5-10 years? (granted of course that the whole marked would not crash completely a long with Bitcoin etc)
Why not? At least those (investors) are still interested in flipping his money on altcoin to get the decent profit and that makes altcoin will always be surviving.
And by prospering I don't necessary mean they will be in the top 50. But at least that they will be worth more than they currently are.
That's right. It just like a game for the flippers.

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June 07, 2017, 11:31:33 PM
 #9

This is a very good question. But to be honest, it is hard to think that the current proliferation of altcoins is sustainable and necessary for practical purposes. Almost anyone can launch a new altcoin every day, but the relative ease with which it can be done is leading us to find repetitive, futile and not very innovative altcoins, and just as with languages and fiat currencies, "less is more" and this will gradually lead us to deposit our finances in a few altcoins, and the rest will continue to be used as simple pump and dump businesses, despite the good intentions of many unfortunate altcoin designers and programmers.
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June 07, 2017, 11:41:17 PM
 #10

I wonder what the general view is on this. It is obvious that having altcoins in the short term can be extremely profitable with amazing % increases. But it is probably not sustainable over the long term. Or can you actually put your money in altcoins and just let them sit there for the long term, like with Bitcoin and Etherium etc? Or should you always gradually move your short term profits from altcoins over to Bitcoin or Etherium to save for the very long term?

What are the views on the survival of the alctcoins? Say in the current top 50 list. Do you think they will still be prospering in 1-5-10 years? (granted of course that the whole marked would not crash completely a long with Bitcoin etc)

And by prospering I don't necessary mean they will be in the top 50. But at least that they will be worth more than they currently are.
For an overwhelmingly large amount of altcoins, they will be pumped soon after the inception (or again by groups looking to sucker people in or money) and then they will be forgotten incredibly soon after that. For basically all the pumps I have seen, there are people left holding the bag and their money gets burned in an un-sellable investment.

Some alts, like Ethereum, Litecoin, NEM, Ripple, etc., they are more reliable but not bulletproof, like everything else in the cryptosphere.
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June 07, 2017, 11:44:20 PM
 #11

I am holding bitcoin because i can see the potential behind the coin and there are a few hurdles to be sorted out regarding the transaction speed but when it comes to alt coins almost all of them have non sustainable features and the risk in investing for the long term is a huge risk as there are assets and coins in the alt coin sector and i would not risk my money in the long term with alt coins,but i would take some risk when it comes to bitcoin.
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June 08, 2017, 12:06:29 AM
 #12

I wonder what the general view is on this. It is obvious that having altcoins in the short term can be extremely profitable with amazing % increases. But it is probably not sustainable over the long term. Or can you actually put your money in altcoins and just let them sit there for the long term, like with Bitcoin and Etherium etc? Or should you always gradually move your short term profits from altcoins over to Bitcoin or Etherium to save for the very long term?

What are the views on the survival of the alctcoins? Say in the current top 50 list. Do you think they will still be prospering in 1-5-10 years? (granted of course that the whole marked would not crash completely a long with Bitcoin etc)

And by prospering I don't necessary mean they will be in the top 50. But at least that they will be worth more than they currently are.
I personally wouldn't bother with altcoins unless you're trying to get involved with a pump n dump or are investing in something within the top 15 to be entirely honest. Most altcoins just die and end up taking a lot of the value they had down with them, you can see this on exchanges with them delisting coins constantly.
Keep in mind you need someone to sell to, you can't just sell it back to the exchange. Trading doesn't work like that.
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June 08, 2017, 12:14:49 AM
 #13

I wonder what the general view is on this. It is obvious that having altcoins in the short term can be extremely profitable with amazing % increases. But it is probably not sustainable over the long term. Or can you actually put your money in altcoins and just let them sit there for the long term, like with Bitcoin and Etherium etc? Or should you always gradually move your short term profits from altcoins over to Bitcoin or Etherium to save for the very long term?

What are the views on the survival of the alctcoins? Say in the current top 50 list. Do you think they will still be prospering in 1-5-10 years? (granted of course that the whole marked would not crash completely a long with Bitcoin etc)

And by prospering I don't necessary mean they will be in the top 50. But at least that they will be worth more than they currently are.
I personally wouldn't bother with altcoins unless you're trying to get involved with a pump n dump or are investing in something within the top 15 to be entirely honest. Most altcoins just die and end up taking a lot of the value they had down with them, you can see this on exchanges with them delisting coins constantly.
Keep in mind you need someone to sell to, you can't just sell it back to the exchange. Trading doesn't work like that.
Nah, that just goes for shitty coins. The rest which has proven its potential to the public seems to steadily take over the Bitcoin dominance. The coins delisting based on volume in which if there's no transaction going on between specific interval time, it'll be automatically or manually delisted by the exchanges. But, as you can see, some popular altcoin just like ETH or XRP keeps on having support from various exchanges and increasing overtime.

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June 08, 2017, 12:18:35 AM
 #14

People are buying altcoins hoping to be rich one day like the earlier adopters of Bitcoin. The last altcoin bullrun has surely made some people filthy rich. So if you want to be rich, you can buy and hold a few altcoins that have a potential of growing, and BAM you would probably get X10 X100 ROI in a few years.

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June 08, 2017, 12:23:59 AM
 #15

Absolutely going to survive. I feel the famous altcoins will be surviving longer than the ones lesser known. Altcoins like Ethereum specially will go long. Bitcoin has to survive because of the largest market cap and most people in cryptos only know about that. We are only waiting for ETF to approve it.
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June 08, 2017, 12:31:23 AM
 #16

Both the altcoins and bitcoins can survive. In altcoins since there are many to choose from, I think its better to keep an eye on the top 10 or even top 100 coins. Daily there capitalization are growing and looks promising. As long as the community supports it, the coins survived.
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June 08, 2017, 01:50:11 AM
 #17

To save money for a long time into altcoin I think it should not be done because it is feared altcoin age was not long-lived so for the future the value of altcoin is not worth it.
If we keep it in this bitcoin is a very promising investment because the role of bitcoin is believed even he is able to parallel the level with the dollar so that the money we invest in it will be very useful for the future because it will surely experience price increases like in the current year because the year- The previous year bitcoin prices have also weakened in this year prices peaked moreover for the next year there could be a spike in prices to many times over the current year.
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June 08, 2017, 02:04:41 AM
 #18

The facts show that many altcoins have died and can not last long, while bitcoin continues to survive and exist until now. Seeing this fact I can say that bitcoin is the winner, I do not know why, maybe because bitcoin is the first
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June 08, 2017, 02:55:19 AM
 #19

The facts show that many altcoins have died and can not last long, while bitcoin continues to survive and exist until now. Seeing this fact I can say that bitcoin is the winner, I do not know why, maybe because bitcoin is the first

There are more than a thousands alts in existence right now. Only a few have survived for more than 1 year, such as Litecoin, Ethereum, Ripple, Namecoin, Novacoin.etc. 90% of them vanished even before completing 1 year. But there are certain altcoins, which have been in existence for more than 5 years now.

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June 08, 2017, 03:10:49 AM
 #20

I wonder what the general view is on this. It is obvious that having altcoins in the short term can be extremely profitable with amazing % increases. But it is probably not sustainable over the long term. Or can you actually put your money in altcoins and just let them sit there for the long term, like with Bitcoin and Etherium etc? Or should you always gradually move your short term profits from altcoins over to Bitcoin or Etherium to save for the very long term?

What are the views on the survival of the alctcoins? Say in the current top 50 list. Do you think they will still be prospering in 1-5-10 years? (granted of course that the whole marked would not crash completely a long with Bitcoin etc)

And by prospering I don't necessary mean they will be in the top 50. But at least that they will be worth more than they currently are.
Not all altcoins are created equal, there are some altcoins that are going to be here for a long time, but most altcoins are going to disappear in a few years so you must never leave your money in any of those altcoins, when you want to leave your money and forget about it choose bitcoin.
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June 08, 2017, 03:28:48 AM
 #21

people treat altcoins very differently. and there are a lot of newbies who fall for the hype.
for the rest you can't really say which one is right and which one is not, everyone should find what is best for them and stick to that strategy.
I personally believe that at this point in time none of the altcoins is worth holding for long term because I have not yet found any altcoin that I can be sure of its future.

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June 08, 2017, 03:46:00 AM
 #22

I am holding bitcoin because i can see the potential behind the coin and there are a few hurdles to be sorted out regarding the transaction speed but when it comes to alt coins almost all of them have non sustainable features and the risk in investing for the long term is a huge risk as there are assets and coins in the alt coin sector and i would not risk my money in the long term with alt coins,but i would take some risk when it comes to bitcoin.

You bet, luckily I'm saving my bitcoin and not using it on everything that I need, and right now, it pays off, I do have a lot of profits right now. What else about those early users of bitcoin, if they didn't convert their bitcoins yet, I'm pretty sure that they do have a lot of money right now, and this is the right time where they convert some of their bitcoins, but not all since bitcoin's price will keep on increasing.
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June 08, 2017, 03:51:20 AM
 #23

We can see that crypto currency is getting more popular thus altlcoin and bitcoin is not making competition but they are making like a partnership so they can grow and survive foe the future years.
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June 08, 2017, 05:52:20 AM
 #24

I rely on bitcoin as a site that survives under any circumstances, I think it's better to keep an eye on the top 10 or even the top 100 coins. As long as the community supports it, the coins endure in bitcoin.
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June 08, 2017, 05:59:14 AM
Last edit: June 08, 2017, 07:41:22 AM by Kakmakr
 #25

Bitcoin has the largest network of users and merchants of all Crypto currencies. Why would you hoard a currency that you cannot spend? By all means, buy it and trade with it and then convert it back to Bitcoin. These Alt coins are centrally-controlled and they are no different than PayPal or banks.

Bitcoin is the only true coin, backed by a working consensus decision model. Why would you even trust things like Ethereum? or the Ethereum Foundation and Vitalik Buterin? Do you know what the coin cap for Ethereum is? Infinity Does that add to it's value?

Ethereum is on track to become a smart contracts platform run by a consortium. < Never forget what they did with DAO >

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June 08, 2017, 06:06:31 AM
 #26

By the years to come the competence will increase, as more and more altcoins as well ICO's are getting listed to the trading platforms. However potential altcoins emerge bitcoin will be the leader of the entire cryptocurrency, so the competence will be between bitcoin and the entire altcoins.

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June 08, 2017, 06:13:22 AM
 #27

I rely on bitcoin as a site that survives under any circumstances, I think it's better to keep an eye on the top 10 or even the top 100 coins. As long as the community supports it, the coins endure in bitcoin.
True, some altcoin is very unpredictable and many are lost instantly. So it's better to choose a digital coin that already has a good reputation. Bitcoin is at the top of the top while 10 large altcoins give us a guarantee against the altcoin.
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June 08, 2017, 06:38:32 AM
 #28

I wonder what the general view is on this. It is obvious that having altcoins in the short term can be extremely profitable with amazing % increases. But it is probably not sustainable over the long term. Or can you actually put your money in altcoins and just let them sit there for the long term, like with Bitcoin and Etherium etc? Or should you always gradually move your short term profits from altcoins over to Bitcoin or Etherium to save for the very long term?

What are the views on the survival of the alctcoins? Say in the current top 50 list. Do you think they will still be prospering in 1-5-10 years? (granted of course that the whole marked would not crash completely a long with Bitcoin etc)

And by prospering I don't necessary mean they will be in the top 50. But at least that they will be worth more than they currently are.

Altcoins won't survive in the long run, they are called alt for a reason. Short term is good but long term definitely no. Only Bitcoins is the best way to earn and gain in the long term and it's most advisable to do the same. If you see new alts are flooding the market and then they suddenly go scam. Eth, monore maybe now they are good but they may go bust maybe not that's a chance you will have to take and it's a big risk. Be careful with your money don't invest blindly.
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June 08, 2017, 06:42:12 AM
 #29

Bitcoin will continue to survive, compared to altcoin, many altcoins die because only focus on a particular field, such as focus on the game, or gambling and maybe only one website only, in contrast to the universal bitcoin and can be used for anything
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June 08, 2017, 06:47:39 AM
 #30

Both the altcoins and bitcoins can survive. In altcoins since there are many to choose from, I think its better to keep an eye on the top 10 or even top 100 coins. Daily there capitalization are growing and looks promising. As long as the community supports it, the coins survived.

I agree! Altcoins with a team that is very active and really focus in developing their project will surely survive. And there are a lot of investors that are looking for a good and promising project like ICO. Good example is STRATIS I don't own even a single of it but I have been reading good news about this coin, it started with a value of around 0.00002 late last year and the current value of Stratis is around 0.003 with a of ATH of 0.0044.
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June 08, 2017, 08:03:29 AM
 #31

this is not an easy thing to answer, we can not predict the future for something that is very new and still being adopted. heck it even still is in beta stage!

but one thing is for sure, a great deal of these altcoins that you see rising today won't even exist in a year from now, let alone in a long term. they serve their purpose which is being pump and dumped and then die.
a couple of big altcoins on top 10 will have the same faith too. they have been created as a way of gaining access to private sectors and developers showing off their power and make a portfolio.

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June 08, 2017, 08:08:16 AM
 #32

people treat altcoins very differently. and there are a lot of newbies who fall for the hype.
for the rest you can't really say which one is right and which one is not, everyone should find what is best for them and stick to that strategy.
I personally believe that at this point in time none of the altcoins is worth holding for long term because I have not yet found any altcoin that I can be sure of its future.
Though I've heard a lot of people especially those who hyped people about some coins there and coins here but nothing really much clicks me about altcoins. Altcoins as for me really are used for trading rather than investing it for a long run since these coins have no solid ground really which we can rely on unlike Bitcoin as we know it has a solid future ahead and wouldn't suddenly die or disappear.

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June 08, 2017, 09:23:45 AM
Last edit: June 08, 2017, 10:35:20 AM by btccashacc
 #33

Altcoin to the bitcoin is such a complement for the bitcoin itself. Instead of competing with each other, altcoins can work with bitcoin in harmony to each play a very specific role in this industry, let's say for small transaction we have dogecoin and litecoin, for untraceable we have monero while etherum is a better smart contract and there are many more with their own characteristic and spesification. People will looking for the alternative if they can't find what they're looking for in bitcoin that's why altcoin will survive.
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June 08, 2017, 09:35:56 AM
 #34

I wonder what the general view is on this. It is obvious that having altcoins in the short term can be extremely profitable with amazing % increases. But it is probably not sustainable over the long term. Or can you actually put your money in altcoins and just let them sit there for the long term, like with Bitcoin and Etherium etc? Or should you always gradually move your short term profits from altcoins over to Bitcoin or Etherium to save for the very long term?
I would say there altcoins that reward handsomely within a short period and others in the long run

What are the views on the survival of the alctcoins? Say in the current top 50 list. Do you think they will still be prospering in 1-5-10 years? (granted of course that the whole marked would not crash completely a long with Bitcoin etc)

And by prospering I don't necessary mean they will be in the top 50. But at least that they will be worth more than they currently are.
IMO the best altcoins to invest for a long period are those that have real life applications, for example, SunContract will be used by token holders to buy and sell electricity and that is an altcoin that will grow with time.
I guess altcoins survival is definitely on the cards.
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June 08, 2017, 09:43:18 AM
 #35

Altcoin to the bitcoin is such a complement for the bitcoin it's self. Instead of competing with each other, altcoins can work with bitcoin in harmony to each play a very specific role in this industry, let say for small transaction we have dogecoin and litecoin, for untraceable we have monero and etherum is a better smart contract and there are many more with their own characteristic and spesification. People will looking for the alternative if they can't find what they're looking for in bitcoin that's why altcoin will survive.

Right . alternative means alternative , no more . Alternative option if bitcoin is too hard now or to expensive now or something . bitcoins need altcoins , same way like altcoins need bitcoins .
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June 08, 2017, 11:06:25 AM
 #36

They both will survive, the world doesn't necessarily need only one coin and like LTC from before, the other altcoins will fill the crypto space and cover the need for other coins, I don't see any of them taking BTC place, but both would co-exist IMO.
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June 08, 2017, 11:17:20 AM
 #37

after Segwit and than second layer all alts gonna die
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June 08, 2017, 11:18:36 AM
Last edit: June 10, 2017, 01:06:11 AM by n691309
 #38

I wonder what the general view is on this. It is obvious that having altcoins in the short term can be extremely profitable with amazing % increases. But it is probably not sustainable over the long term. Or can you actually put your money in altcoins and just let them sit there for the long term, like with Bitcoin and Etherium etc? Or should you always gradually move your short term profits from altcoins over to Bitcoin or Etherium to save for the very long term?

What are the views on the survival of the alctcoins? Say in the current top 50 list. Do you think they will still be prospering in 1-5-10 years? (granted of course that the whole marked would not crash completely a long with Bitcoin etc)

And by prospering I don't necessary mean they will be in the top 50. But at least that they will be worth more than they currently are.

The general view is that they both together have a great journey and I think they both will survive together, there are some changes that will be made in bitcoin but I hope that these will affect the bitcoin in a positive way. Altcoins will survive because they have the mining option to mine with another algorithm which is different from bitcoin and it is a good opportunity for other miners to get profit and have a business that is on mining altcoins.
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June 08, 2017, 11:25:59 AM
 #39

I think Bitcoin will survive in anything, because it will help if there will be currency changes around the world, maybe not for now will happen in some time, but for Altcoin I do not know how long it will last, Maybe it all depends on the investors themselves How They can keep all Altcoin and nothing will happen.

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June 08, 2017, 11:39:13 AM
 #40

We can see that crypto currency is getting more popular thus altlcoin and bitcoin is not making competition but they are making like a partnership so they can grow and survive foe the future years.
yes in future we will be mostly depending on crypto currencies. although i am sure that bitcoin will be number one crpyto currency, but still will be some more crypto currencies which will also contribute to facilitate us in future.
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June 08, 2017, 11:43:00 AM
 #41

We can see that crypto currency is getting more popular thus altlcoin and bitcoin is not making competition but they are making like a partnership so they can grow and survive foe the future years.
yes in future we will be mostly depending on crypto currencies. although i am sure that bitcoin will be number one crpyto currency, but still will be some more crypto currencies which will also contribute to facilitate us in future.

We can not be sure that they will live forever. In a few years they can create an even more sophisticated crypto currency that will replace them.

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June 08, 2017, 11:47:41 AM
 #42

We can see that crypto currency is getting more popular thus altlcoin and bitcoin is not making competition but they are making like a partnership so they can grow and survive foe the future years.
yes in future we will be mostly depending on crypto currencies. although i am sure that bitcoin will be number one crpyto currency, but still will be some more crypto currencies which will also contribute to facilitate us in future.

We can not be sure that they will live forever. In a few years they can create an even more sophisticated crypto currency that will replace them.
Nobody can surely tell about future. Maybe in distant future cryptocurrencies go extinct or get more popular is certainly can't be said at present. But I believe that as for now bitcoin is gaining quite a lot popularity. Along with bitcoin other cryptocurrencies are also getting popular. This trend is not going to stop soon. So yeah they will survive. I don't see any threat to them at present.
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June 08, 2017, 11:59:22 AM
 #43

I believe ethereum is one of those few coins which has the biggest potential to grow big in the future. The fact that ethereum is being used in real world situations when compared to other altcoins shows the likely hood of it being a great competitor to bitcoin. Right now, Russia’s central bank has already deployed an Ethereum-based blockchain as a pilot project to process online payments and verify customer data. So I'm hoping ethereum to succeed rapidly.

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June 08, 2017, 12:05:37 PM
 #44

I think bitcoin is the main coin in the world of cryptocoin, so it's worth it for you to keep for long

But when talking about other altcoins, even in the top 50, it does not guarantee that they are fit for long-term storage. It's better to do a quick exchange between altcoin-bitcoin, then store it in bitcoin form

Because for me altcoin will forever not be higher than bitcoin
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June 08, 2017, 12:14:08 PM
 #45

Bitcoin would survive because it delivers various features such as free from banking sector,fast transactions,etc.It has been the pioneer in crypto currency.It has gained trust in the past eight years all over the world.Its not easy to achieve.In future,demand for bitcoin would increase and there would be limited supply and hence it would be truly treated as digital gold.Some altcoins promise to deliver features which were not provided by bitcoins.For example,Monero and Zcash is mainly bought for its full anonymous nature.If altcoins have no additional features to deliver,they would gradually disappear in the long run.
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June 08, 2017, 12:23:51 PM
 #46

In my opinion, bitcoin is a digital currency that will always be owned by everyone and will always be ranked highest. Bitcoin because it has many advantages and where we can play it correctly then all will give you many advantages. But it does need to be known, altcoins also has advantages but it should all be done in the right way. Because there are indeed some altcoin which only survives in a very short time. Everything depends on our analysis
 
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June 08, 2017, 12:24:54 PM
 #47

We can see that crypto currency is getting more popular thus altlcoin and bitcoin is not making competition but they are making like a partnership so they can grow and survive foe the future years.
yes in future we will be mostly depending on crypto currencies. although i am sure that bitcoin will be number one crpyto currency, but still will be some more crypto currencies which will also contribute to facilitate us in future.

We can not be sure that they will live forever. In a few years they can create an even more sophisticated crypto currency that will replace them.
Well yeah, of course it is possible to create something bigger than the currencies we have right now. But just look at bitcoins, ethereum is way more complicated than bitcoins and have way more features. However, eth still has no possibilities to take over bitcoin as people are just convinced that btc is a better store of value so they chose to invest in it.
I believe ethereum is one of those few coins which has the biggest potential to grow big in the future. The fact that ethereum is being used in real world situations when compared to other altcoins shows the likely hood of it being a great competitor to bitcoin. Right now, Russia’s central bank has already deployed an Ethereum-based blockchain as a pilot project to process online payments and verify customer data. So I'm hoping ethereum to succeed rapidly.
The fact that it has tons of ico set on it at the moment can have a really terrible outcome on it. Just remember the dao tragedy that happened... They even split the coin into two, so who can be sure that it won't happen once again? Allowing everyone create on eth chain is kinda reckless because the one ico failing could have a terrible impact on the whole coin so I choose not to invest in it.

The only coin I am sure that is going to survive, remain in the first position and steadily grow is bitcoin. You can't trust any other coins because of various reasons as devs being scammers, mistakes left in code, and people losing interest in it. Also, if you want to invest in something else other than bitcoin I would advise to not do it for a really long term.

 
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June 08, 2017, 12:26:31 PM
 #48

Bitcoin would survive because it delivers various features such as free from banking sector,fast transactions,etc.It has been the pioneer in crypto currency.It has gained trust in the past eight years all over the world.Its not easy to achieve.In future,demand for bitcoin would increase and there would be limited supply and hence it would be truly treated as digital gold.Some altcoins promise to deliver features which were not provided by bitcoins.For example,Monero and Zcash is mainly bought for its full anonymous nature.If altcoins have no additional features to deliver,they would gradually disappear in the long run.

Correct, bitcoin is now on its way to its huge success, bitcoin has been already embraced by other countries like Japan. If bitcoin survive before even though without this country or without the help or any big companies, bitcoin survived and is still surviving, so bitcoin would be the one who will survive if there would be a huge cleaning that is going to happen in the crypto world, all the shitcoins would be erased. Bitcoin is superior amongst all the Altcoins here in the crypto world.
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June 08, 2017, 12:28:17 PM
 #49

Rule of thumb - if you think that there is something about certain altcoin, while it is still cheap as dirt - simply buy it and wait. It is wise to spend $50-$100 on potentially profitable altcoins.
If you are not sure or don't trust altcoin market then just buy bitcoin and hold it, you can't go wrong with BTC. Just don't pay attention to FUD and drama.
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June 08, 2017, 12:42:39 PM
 #50

i believe that there are so many altcoins who will survuve over the time and has a great future. i have seen so many undervalued coins but looked at there prices now. try to look strat, xem for instance. especially strat. im playing that coin while its around 10k, but llok how high its price now. more 10x already.
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June 08, 2017, 12:44:02 PM
 #51

Rule of thumb - if you think that there is something about certain altcoin, while it is still cheap as dirt - simply buy it and wait. It is wise to spend $50-$100 on potentially profitable altcoins.
If you are not sure or don't trust altcoin market then just buy bitcoin and hold it, you can't go wrong with BTC. Just don't pay attention to FUD and drama.

absolutely true.

we need to research first the potentail of the coin,
if you bought a coin while its cheap and you done with thorough research and sure that it has great potential then you will rep what you saw in the couple of months. best startegy then will be  then try to buy and forget. and wait it will more than tripple youe profit.
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June 08, 2017, 03:53:51 PM
Last edit: June 08, 2017, 05:06:11 PM by deisik
 #52

The facts show that many altcoins have died and can not last long, while bitcoin continues to survive and exist until now. Seeing this fact I can say that bitcoin is the winner, I do not know why, maybe because bitcoin is the first

There are more than a thousands alts in existence right now. Only a few have survived for more than 1 year, such as Litecoin, Ethereum, Ripple, Namecoin, Novacoin.etc. 90% of them vanished even before completing 1 year. But there are certain altcoins, which have been in existence for more than 5 years now

And some of them still remain mostly a joke

I refer to Dogecoin obviously, though it is less than 4 years old as of yet. But I guess I can safely claim that, first, it will live up to 5 years old just like that, and, second, it will still remain only a joke. Kidding aside, in terms of volatility altcoins stand to Bitcoin in the same position as currency futures and options stand to the underlying (i.e. the currency itself). Major altcoins are futures, they are not as volatile as options (shit coins) and don't depreciate every day (like shit coins), but they are still more volatile than Bitcoin itself. Shit coins are just that, when their time comes they just vanish

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June 08, 2017, 04:17:53 PM
 #53

For alt coin it is hard to predict some of them will survive but some of them will vanished, some of the alt coin especially top 10 got a big transaction volume, so it still can survive for a long time, but I dont like to invest in alt coin for a long term, playing it short is better because the price is unstable so I better play it safe
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June 08, 2017, 04:44:47 PM
 #54

All can survive because they have similarities, but I prefer the bitcoin that will last longer because bitcoin earlier than alcoins.
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June 08, 2017, 04:53:40 PM
 #55

For alt coin it is hard to predict some of them will survive but some of them will vanished, some of the alt coin especially top 10 got a big transaction volume, so it still can survive for a long time, but I dont like to invest in alt coin for a long term, playing it short is better because the price is unstable so I better play it safe

Why do not you concentrate entirely on investment on the big altcoins list you wrote? They have the same potential as bitcoin, and the possibility of disappearing in the short term is very small. I assume altcoin is not bitcoin opponent in the aspect of volume, both are on different levels. But since I saw some altcoin like xrp already paired with jpy and cny, the potential of being a bitcoin strong competitor in the future is very wide open.
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June 08, 2017, 04:57:17 PM
 #56

Some altcoins are platforms and have whole infrastructures built around them, like NXT, ARDOR, ETHEREUM, STRATIS etc so I think many of these good ones with new innovative technology will last alongside Bitcoin. Some good investment tokens and good altcoins will be good investments to hedge against fiat and so will survive with Bitcoin.


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June 08, 2017, 06:10:12 PM
 #57

Block chain technology won't ever go away. Crypto currencies will stay around in one form or the other. The current top 100 alt coins may look much different in a few years though... most of the big ones will still be around, some will diminish, new ones will come to the forefront.

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June 08, 2017, 06:11:49 PM
 #58

Only the altcoins with real innovation can survive, that means 90% or more will need to die because the current market condition is unsustainable with almost every coin regardless of its worth getting pumped. Its a sign of a bubble forming and its when it bursts that only the truly special ones will survive.

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June 08, 2017, 06:34:14 PM
 #59

Bitcoin aka lasts longer than alcoins, because this bitcoin has its own advantages and earlier appears than the alcoins
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June 08, 2017, 06:41:19 PM
 #60

In my opinion they will survive. A lot of alt coin provide something that bitcoin doesn't have and they have a good community behind them just like bitcoin. The useful one will survive and the 'shitcoin'  will dead.

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June 08, 2017, 07:41:03 PM
 #61

Just like there are many assets, currencies, and precious commodities in the real world, there will always be many different coins in crypto world. Many coins that exist today will die, many new appear, but Bitcoin (or some altcoin) will never be the only cryptocurrency. There's no benefits in having just one crypto coin, while having many creates competition between developers that will make them work harder, users will always have access to reserve cryptocurrency if one of them gets hacked/overtaken by someone, etc.
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June 08, 2017, 07:51:45 PM
 #62

It's hard as altcoins are surely on it's top right now , people used to pump dump btc now but now btc doesn't even matter and the btc dominance has also reduced from like 70% in starting of this year to what 48% or something. Even though we see the rise of altcoins many investors still trust because as dumping it would take a lot of time and plus there are way more people interested to invest in bitcoin than alts
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June 08, 2017, 08:28:09 PM
 #63

It's hard as altcoins are surely on it's top right now , people used to pump dump btc now but now btc doesn't even matter and the btc dominance has also reduced from like 70% in starting of this year to what 48% or something. Even though we see the rise of altcoins many investors still trust because as dumping it would take a lot of time and plus there are way more people interested to invest in bitcoin than alts
Well, I can't say altcoins are really on top. I guess the big prices are mostly due to traders and some big companies' support. I guess the only thing where alts are used is trading among altcoins. The problem is that for a coin to be really good it needs to be used to buy some actual goods, not other coins. And this is a rather dangerous fact which we try to ignore. Btc dominance is still there, because at least it is really used on markets.

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June 08, 2017, 09:10:00 PM
 #64

It all depend on their work. If they will work like a currency and they will provide some benefits to the people like bitcoin is giving the benefits and if these altcoins will be used for different services and some online shops will come to adopt these altcoins then they have the chance to survive for longer.
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June 08, 2017, 09:16:39 PM
 #65

It's hard as altcoins are surely on it's top right now , people used to pump dump btc now but now btc doesn't even matter and the btc dominance has also reduced from like 70% in starting of this year to what 48% or something. Even though we see the rise of altcoins many investors still trust because as dumping it would take a lot of time and plus there are way more people interested to invest in bitcoin than alts
Well, I can't say altcoins are really on top. I guess the big prices are mostly due to traders and some big companies' support. I guess the only thing where alts are used is trading among altcoins. The problem is that for a coin to be really good it needs to be used to buy some actual goods, not other coins. And this is a rather dangerous fact which we try to ignore. Btc dominance is still there, because at least it is really used on markets.
there is no doubt about bitcoin that bitcoin will service for even, but about altcoin i will like to add that there are some altcoin, who have good potential and people even like to invest their money there so they have also chance to survive for a long time. i am sure that a time will come when people will be totally depending on bitcoin and therefore i can say that bitcoin as well as some altcoin will surely survive.
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June 08, 2017, 09:24:45 PM
 #66

It's hard as altcoins are surely on it's top right now , people used to pump dump btc now but now btc doesn't even matter and the btc dominance has also reduced from like 70% in starting of this year to what 48% or something. Even though we see the rise of altcoins many investors still trust because as dumping it would take a lot of time and plus there are way more people interested to invest in bitcoin than alts
Well, I can't say altcoins are really on top. I guess the big prices are mostly due to traders and some big companies' support. I guess the only thing where alts are used is trading among altcoins. The problem is that for a coin to be really good it needs to be used to buy some actual goods, not other coins. And this is a rather dangerous fact which we try to ignore. Btc dominance is still there, because at least it is really used on markets.
there is no doubt about bitcoin that bitcoin will service for even, but about altcoin i will like to add that there are some altcoin, who have good potential and people even like to invest their money there so they have also chance to survive for a long time. i am sure that a time will come when people will be totally depending on bitcoin and therefore i can say that bitcoin as well as some altcoin will surely survive.
Yes there are some coins which really I felt that they have a good potential to increase in price especially those coins whose developers are working for their coins actively. For example a few coins when start their promotion on the forum then they get some fame in the forum and people start to invest in that coin and the price of it start to increase from that point.
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June 08, 2017, 11:07:28 PM
 #67

It's hard as altcoins are surely on it's top right now , people used to pump dump btc now but now btc doesn't even matter and the btc dominance has also reduced from like 70% in starting of this year to what 48% or something. Even though we see the rise of altcoins many investors still trust because as dumping it would take a lot of time and plus there are way more people interested to invest in bitcoin than alts
Well, I can't say altcoins are really on top. I guess the big prices are mostly due to traders and some big companies' support. I guess the only thing where alts are used is trading among altcoins. The problem is that for a coin to be really good it needs to be used to buy some actual goods, not other coins. And this is a rather dangerous fact which we try to ignore. Btc dominance is still there, because at least it is really used on markets.
there is no doubt about bitcoin that bitcoin will service for even, but about altcoin i will like to add that there are some altcoin, who have good potential and people even like to invest their money there so they have also chance to survive for a long time. i am sure that a time will come when people will be totally depending on bitcoin and therefore i can say that bitcoin as well as some altcoin will surely survive.
Yes there are some coins which really I felt that they have a good potential to increase in price especially those coins whose developers are working for their coins actively. For example a few coins when start their promotion on the forum then they get some fame in the forum and people start to invest in that coin and the price of it start to increase from that point.
I agree many people right with the current probelms that bitcoin faces like the transaction fees and the downtime for them to get completed, are looking for an alternative ways espacillly the traders and gmabelrs wich are the ones that are affected the most that is why the coins which are belwo bitcoin and still popular are having theirchance right now and if they prove worth they may reach high prices in the future whci will make them reiable.
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June 09, 2017, 04:36:49 PM
 #68

It's hard as altcoins are surely on it's top right now , people used to pump dump btc now but now btc doesn't even matter and the btc dominance has also reduced from like 70% in starting of this year to what 48% or something. Even though we see the rise of altcoins many investors still trust because as dumping it would take a lot of time and plus there are way more people interested to invest in bitcoin than alts

That's outright bullshit

And people talking like this just reveal how incompetent they are since this reduction of 22 p.p. is measured as the change in the total market cap, the metric which is there just to distinguish between dumb and smart people. It is basically the same with percentages, if some coin has risen 1,000 percent while Bitcoin only 100 percent, that doesn't in the least mean that the former is 10 times better than the latter. You talk about pump and dump, but you obviously fail to see that this is even more applicable to altcoins, which get pumped and dumped like there's no tomorrow (as is often the case). The only reliable metric here is how much money (fiat) gets actually poured into a certain coin (in absolute terms), everything else is trickery, cheating and fiddling with numbers

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June 09, 2017, 04:40:42 PM
 #69

I think bitcoin's chance to survive are greater than altcoin since they are made from bitcoin's code
But for overall , crypto currency world is a world that full of unpredictable things so whenever you have chance for profit, just take it before it's too late

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June 09, 2017, 04:44:58 PM
 #70

Bitcoin vs altcoins, will they survive? of course yes altcoin is just depending on the bitcoin it is obviously in the some exchangers, but if the bitcoin goes down altcoins will absolutely down also cause as i said altcoin is depending on bitcoin value.
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June 09, 2017, 05:42:21 PM
 #71

Bitcoin vs altcoins, will they survive? of course yes altcoin is just depending on the bitcoin it is obviously in the some exchangers, but if the bitcoin goes down altcoins will absolutely down also cause as I said altcoin is depending on bitcoin value.
Bitcoin is the king for all altcoins if the price of the bitcoin goes down then automatically the altcoins price go down. But before we had only one big digital currency it was bitcoin. Now we have many alternative digital currencies. Eth is the very quick growing currency in altcoins. It crossed $250. So in coming days, Eth will become popular like bitcoin.
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June 09, 2017, 05:50:36 PM
 #72

It's hard as altcoins are surely on it's top right now , people used to pump dump btc now but now btc doesn't even matter and the btc dominance has also reduced from like 70% in starting of this year to what 48% or something. Even though we see the rise of altcoins many investors still trust because as dumping it would take a lot of time and plus there are way more people interested to invest in bitcoin than alts
I wouldn't say that Bitcoin doesn't matter anymore, if your numbers are correct, 48% Bitcoin dominance (48% of total market cap I assume), then it's still 48% versus 52% of marketcap of all other altcoins.

I'd still call Bitcoin dominant.

And there are still more people interested in investing in Bitcoin than altcoins, just look at mainstream news articles, 9 out of 10 talk about Bitcoin exclusively, maybe a few mention Ethereum.

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June 09, 2017, 05:58:22 PM
 #73

I wonder what the general view is on this. It is obvious that having altcoins in the short term can be extremely profitable with amazing % increases. But it is probably not sustainable over the long term. Or can you actually put your money in altcoins and just let them sit there for the long term, like with Bitcoin and Etherium etc? Or should you always gradually move your short term profits from altcoins over to Bitcoin or Etherium to save for the very long term?

What are the views on the survival of the alctcoins? Say in the current top 50 list. Do you think they will still be prospering in 1-5-10 years? (granted of course that the whole marked would not crash completely a long with Bitcoin etc)

And by prospering I don't necessary mean they will be in the top 50. But at least that they will be worth more than they currently are.

In the case of bitcoin, there is no doubt that it has stayed long-term the sane with ETH however, when a coin will stay that long, there is always some unique characteristics that it will display which will give it that push to the long-term. I agree that not all alt will fall into this category as quick look into the alt section is enough proof of that. For me, I take into consideration the prospect as well as the team and the various review that we see here before deciding which one to hold long-term.
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June 09, 2017, 05:59:19 PM
 #74

Why not. Bitcoin will definitely survive. Some Altcoin will.. especially those with great potentials. Ethereum could even do better than Bitcoin.
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June 09, 2017, 06:15:52 PM
 #75

Just like there are many assets, currencies, and precious commodities in the real world, there will always be many different coins in crypto world. Many coins that exist today will die, many new appear, but Bitcoin (or some altcoin) will never be the only cryptocurrency. There's no benefits in having just one crypto coin, while having many creates competition between developers that will make them work harder, users will always have access to reserve cryptocurrency if one of them gets hacked/overtaken by someone, etc.

Bitcoin and altcoins both are necessary for the digital world and we cant deny the benefit of the either one. I think both bitcoin and altcoin will together take over fiat and make this a real digital world.
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June 09, 2017, 06:27:55 PM
 #76

Just like there are many assets, currencies, and precious commodities in the real world, there will always be many different coins in crypto world. Many coins that exist today will die, many new appear, but Bitcoin (or some altcoin) will never be the only cryptocurrency. There's no benefits in having just one crypto coin, while having many creates competition between developers that will make them work harder, users will always have access to reserve cryptocurrency if one of them gets hacked/overtaken by someone, etc.

Bitcoin and altcoins both are necessary for the digital world and we cant deny the benefit of the either one. I think both bitcoin and altcoin will together take over fiat and make this a real digital world.
No it wont surpass or take over fiat anytime soon no matter how much they would progress later on they might contribute big innovations on financial system and transactions online but telling that they would fiat currency then it would really be an impossible thing.Bitcoin and altcoin will definitely survive as long there are users who do bought and make use of it.

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June 10, 2017, 01:14:02 AM
 #77

It all depend on their work. If they will work like a currency and they will provide some benefits to the people like bitcoin is giving the benefits and if these altcoins will be used for different services and some online shops will come to adopt these altcoins then they have the chance to survive for longer.
I agree, most Altcoins that are on CoinMarketCap don’t really state what the coin does –it just has the name of the coin on there plus the price or volume so people can trade it for Bitcoin.

There’s a bunch of Altcoins that people can try to use for specific purposes that allows people to get certain discounts on items and it allows the whole Bitcoin network to grow without messing up the price of Bitcoin so much.

 
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June 10, 2017, 03:32:30 AM
 #78

The problem with the comparison you are making is that bitcoin is a single coin while altcoins are several hundreds different coins, with different developer teams and different philosophies, so it is obvious some altcoins are going to survive but not all of them.
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June 10, 2017, 03:40:56 AM
 #79

The problem with the comparison you are making is that bitcoin is a single coin while altcoins are several hundreds different coins, with different developer teams and different philosophies, so it is obvious some altcoins are going to survive but not all of them.
As mentioned the altcoins that we've got for trading and other transaction purposes were quite high and was developed for varying needs. At the same bitcoin is the start and the single coin that competes with the entire altcoins. Based on the fact I hope bitcoin and altcoins will survive long without getting devalued as more people are getting into it.

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June 10, 2017, 04:03:15 AM
 #80

I think they will survive, because they're offering something else that bitcoin doesn't. Some are more anonymous, some are faster, some offer better investment opportunities, some are better for trading i.e. more volatile. Bitcoin can go its own way and altcoins will have their own.
In 5 years bitcoin could become very stable and traders will look for something new. Also, don't forget about ICO investors. Some people are making huge money on new altcoins.
I guess bitcoin will not die at this point it is already so successful and already all over the globe a lot of people are using it but it is also a chance getting hack altscoins only is just going in the circulation in the market so i guess it will continue growing price and will not die also.
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June 10, 2017, 07:04:21 AM
 #81

Of course they can, Bitcoin and Altcoins are the future's currencies, and it is considered as Gold so that they are not going to die so soon.
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June 10, 2017, 07:25:02 AM
 #82

At least for hundred of years later, they are the furure's money, I think they won't disappear until there a another way to sned payment online better than Bitcoin and altcoins
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June 10, 2017, 07:27:24 AM
 #83

Of course they can, Bitcoin and Altcoins are the future's currencies, and it is considered as Gold so that they are not going to die so soon.
Of course yes, at least they will survive for a long time from now, people are going to use them very frequently so that they are not going to die
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June 12, 2017, 06:34:41 PM
 #84

people treat altcoins very differently. and there are a lot of newbies who fall for the hype.
for the rest you can't really say which one is right and which one is not, everyone should find what is best for them and stick to that strategy.
I personally believe that at this point in time none of the altcoins is worth holding for long term because I have not yet found any altcoin that I can be sure of its future.
There is always the chance that something bigger and better comes along, that is the risk with altcoins, but that does not happen overnight, if you are attentive, you will be able to spot this opportunities a mile away and you will be able to adjust your investments accordingly.
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June 12, 2017, 10:32:28 PM
 #85

Bitcoin has the capability to survive in the future, but not all altcoins can survive in the future.
But only those altcoins who build big community in this industry who will survive like eth, ltc, xem, maid, bay,
and waves.
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June 12, 2017, 10:38:27 PM
 #86

There are now some people that are trying to convert all of their wealth from bitcoin and migrates it to another alt coin. They think that bitcoin will not solve its problem but I believe that it is going to be solved very soon. And besides bitcoin was already filtered by many problems before so I'm sure it will survive.



 

 

 

 

 

 


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June 12, 2017, 10:47:33 PM
 #87

Bitcoin has the capability to survive in the future, but not all altcoins can survive in the future.
But only those altcoins who build big community in this industry who will survive like eth, ltc, xem, maid, bay,
and waves.
people recently really worry about the bitcoin transaction getting slow , the fee getting high but the price itself much help bitcoin to survive until today , otherwise bitcoin might could slowly disappear replaced by altcoin breakthrough with its technology. what i believe are the cryptocurrency world would live for a longer than people expected.

I'm in 400,000 euros debt , dont help me , i rather die
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August 29, 2017, 04:39:55 AM
 #88

Bitcoin has the capability to survive in the future, but not all altcoins can survive in the future.
But only those altcoins who build big community in this industry who will survive like eth, ltc, xem, maid, bay,
and waves.
people recently really worry about the bitcoin transaction getting slow , the fee getting high but the price itself much help bitcoin to survive until today , otherwise bitcoin might could slowly disappear replaced by altcoin breakthrough with its technology. what i believe are the cryptocurrency world would live for a longer than people expected.

The total value of more than 800 publicly traded cryptocurrencies and crypto assets pushed past $160 billion for the first time ever. As for most cryptocurrencies, I agree completely they will likely die out. It is usual that as 90 percent of businesses usually fail in the first few years, there is no reason to believe that coins have any difference. Bitcoin has the strongest community of all cryptocurrencies and also the most resilient. With the standard of measurement improving swiftly with infrastructures like ATMs, debit cards, hundreds of thousands of merchants, as the community getting stronger it will either become a universal payment system or simply a digital gold standard that stores value. I don't think Bitcoin is going to die. Better to know that where does it stop?

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August 29, 2017, 04:55:31 AM
 #89

There are now some people that are trying to convert all of their wealth from bitcoin and migrates it to another alt coin. They think that bitcoin will not solve its problem but I believe that it is going to be solved very soon. And besides bitcoin was already filtered by many problems before so I'm sure it will survive.
I'm also understand that, but when is that future become true? You need know we are using Bitcoin everyday for our business, if Bitcoin only have problem in one day, it still make us met many issue.
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August 29, 2017, 05:05:16 AM
 #90

I wonder what the general view is on this. It is obvious that having altcoins in the short term can be extremely profitable with amazing % increases. But it is probably not sustainable over the long term. Or can you actually put your money in altcoins and just let them sit there for the long term, like with Bitcoin and Etherium etc? Or should you always gradually move your short term profits from altcoins over to Bitcoin or Etherium to save for the very long term?

What are the views on the survival of the alctcoins? Say in the current top 50 list. Do you think they will still be prospering in 1-5-10 years? (granted of course that the whole marked would not crash completely a long with Bitcoin etc)

And by prospering I don't necessary mean they will be in the top 50. But at least that they will be worth more than they currently are.
Bitcoin has the potential to increase in price because it was the original cryptocurrency and it began the whole Altcoin trading thing so I am pretty sure that if Bitcoin drops from the #1 rank then the other Altcoin will have to pay homage to Bitcoin’s source code and the price of Bitcoin will place Bitcoin up on the #1 spot again.

The price of an Altcoin is usually moved due to the price of Bitcoin so why have it?


Because bitcoin costs 4k$, alt coin may be cents or few dollars.

You can make good profit by buying good amount of alt coin.

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