Bitcoin vs altcoins, will they survive?

[Pursuer]

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.

[daringdiscovered]

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.

[Krillin61]

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.

[fathur.aza]

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.

[Kakmakr]

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 >

[Duzter]

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.

[iqlimasyadiqa]

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.

[Juggy777]

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.

[hinatashoyou]

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

[Soranith]

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.

[BTCLovingDude]

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.

[SingAlong]

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.

[btccashacc]

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.

[Zicadis]

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.

[heppot]

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 .

[MustFight]

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.

[aarturka]

after Segwit and than second layer all alts gonna die

[n691309]

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.

[Warkop]

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.

[hurain]

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.