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Author Topic: Bitcoin or Altcoin?  (Read 4251 times)
yogaantoni
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June 12, 2017, 06:56:04 PM
 #121

Currently I will stick to bitcoin, although many investors are trying to switch to altcoin.
Because I think the future of bitcoin gets better
pressureonme
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June 12, 2017, 07:39:19 PM
 #122

Everybody says something about diversification. This is easy to do but the important thing is whether it works in a booming market. And the answer is yes. You can get a better growth with altcoins.
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June 12, 2017, 08:23:09 PM
 #123

I think the best investment portfolio is the one which is most diversified and same goes in investing in cryptocurrency. You should invest in Bitcoin as well as various progressing altcoins like ethereum and monero which are promising. This will reduce risk and increase the chances of profits.
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June 12, 2017, 09:19:29 PM
 #124

Currently I will stick to bitcoin, although many investors are trying to switch to altcoin.
Because I think the future of bitcoin gets better
Bitcoin has a good future today, high price increases make us safer to invest. But, investing altcoin is also a good choice. We can take a few chances when the altcoin price increases, so we have the reserve so that it does not really stick to bitcoin. Because out there, altcoin market also has a pretty good reputation and we can use to get many benefits.
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June 12, 2017, 09:35:04 PM
 #125

Currently I will stick to bitcoin, although many investors are trying to switch to altcoin.
Because I think the future of bitcoin gets better
Bitcoin future is given to be better, but most of the users switch to invest in altcoin because that is the best for now to invest and to get more profit because profit in bitcoin now is very hard due to high increase of its value
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June 12, 2017, 09:38:02 PM
 #126

I think the best investment portfolio is the one which is most diversified and same goes in investing in cryptocurrency. You should invest in Bitcoin as well as various progressing altcoins like ethereum and monero which are promising. This will reduce risk and increase the chances of profits.

I think that us right, from the dump that happen just this day, I think many investors are regretting that they did not sell, and I think that is the reason the dump happened, many investors dumped their stash and sold their bitcoins. That is the only reason I am seeing because that price is the ATH.

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stergium
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June 12, 2017, 10:40:32 PM
 #127

Currently I will stick to bitcoin, although many investors are trying to switch to altcoin.
Because I think the future of bitcoin gets better
Bitcoin has a good future today, high price increases make us safer to invest. But, investing altcoin is also a good choice. We can take a few chances when the altcoin price increases, so we have the reserve so that it does not really stick to bitcoin. Because out there, altcoin market also has a pretty good reputation and we can use to get many benefits.
bitcoin is now becoming the main currency of the world. Japan has already turned bitcoin as legal currency and now other countries are also going to turn bitcoin as legal. but  therefore people will adopt bitcoin as their main currency, which is already accepted by the modern people. they mostly use internet for shopping and trading, and therefore they will be giving more preference to bitcoin to use it for online purposes.
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June 12, 2017, 10:46:17 PM
 #128

What about real people?

It's a pity people only talk about investors. There are also people like me who use BTC to pay freelancers or buy hosting services, and domain names. Has anyone seen somebody being paid with an altcoin? Can you buy goods with altcoins?

I used to be a citizen and a taxpayer. Those days are long gone.
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June 12, 2017, 10:54:16 PM
 #129

I think they are just investing in some alt coin for some profit,
Not like they are really living bitcoin for their alt after all they would just exchange the alt coins that they bought back into bitcoin.
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June 12, 2017, 11:13:23 PM
 #130

altcoin will be a good investment with high chance of gaining profit if it increase its value. but i will still go for bitcoint it will dominate this field for at least 10 to 20 years. if you want security to your investment go for bitcoin.
DOGE12321
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June 12, 2017, 11:26:33 PM
 #131

While Bitcoin there are a few scaling options, it appears that a number of Bitcoin investors have been switching to Altcoins, and may not switch back to Bitcoins any time soon .
What will happen if investors continuously switch to altcoins? Will bitcoin crash ?
Well, this switch has gained impetus with the recent Bitcoin transaction time crisis. Personally, I don't see much of an advantage by switching to Altcoins. What does it achieve? The only thing that I can think of is faster transaction times. And that is a maybe. It really depends on the altcoin that one is switching to.

The Bitcoin market may crash if many of its members migrate to altcoins, but at the moment, I don't see any signs of crashing.
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June 12, 2017, 11:32:37 PM
 #132

I think they are just investing in some alt coin for some profit,
Not like they are really living bitcoin for their alt after all they would just exchange the alt coins that they bought back into bitcoin.

There are some alt coins that has a good future for having a serious project and service on the go like Ethereum. But bitcoin will still survive even though there are a lot of alt coins coming out but very few has the potential. Many traders also are just buying and using alt coins for profiting purpose that makes them to invest to different alts.

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June 12, 2017, 11:42:45 PM
 #133

Yeah it would definitely crash but as more tech starts to adopt cryptocurrency theyre going to go with the currency with the most amount of following & functionality, as in even if there is a coin that trumps bitcoin in functionality companies would feel a lot safer to adopt an OG coin which has had a steady following for the past decade with proven usability. Not even trying to persuade against altcoin as I have a few ethers but thats my two cents on once cryptocurrency becomes a more household name
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June 12, 2017, 11:50:33 PM
 #134

While Bitcoin there are a few scaling options, it appears that a number of Bitcoin investors have been switching to Altcoins, and may not switch back to Bitcoins any time soon .
What will happen if investors continuously switch to altcoins? Will bitcoin crash ?
I think only the traders are switching to altcoin and they are switching only for short term while for long term they rely on bitcoin as bitcoin has strong base and the people who have businesses in crypto currencies also rely on bitcoin so I think bitcoin will never crash.
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June 13, 2017, 12:12:39 AM
 #135

Many of them switching to alt coins because alt coin can give them more profit, the alt coin volatility is very high so the traders can make more money, but in the end all of them will back using bitcoin because bitcoin is more stable and got more implementation, if you ask people to invest for a long term, most of them will hold bitcoin, so don't worry about bitcoin, it is a tough coin and got a lot is supporters


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June 13, 2017, 12:36:26 AM
 #136

Many of them switching to alt coins because alt coin can give them more profit, the alt coin volatility is very high so the traders can make more money, but in the end all of them will back using bitcoin because bitcoin is more stable and got more implementation, if you ask people to invest for a long term, most of them will hold bitcoin, so don't worry about bitcoin, it is a tough coin and got a lot is supporters

it will depend on the usage ,for me if to trade its alt,if to save and hold its on btc.
Correct but most of the users of altcoin is looking for more income since value of altcoin was depending on the value of bitcoin and they will take advantage on that because for now its hard to make profit in bitcoin if you used in trading that is why some users decided to used altcoin for short term.

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June 13, 2017, 01:24:36 AM
 #137

Currently I will stick to bitcoin, although many investors are trying to switch to altcoin.
Because I think the future of bitcoin gets better

I have stayed loyal to Bitcoins ever since I entered the crypto-currency sector 5 years back. But with every passing day I wonder whether my decision is right or not. I don't have any reasons to complain. When I purchased my first Bitcoins, they were priced at around $10 per coin. Now the exchange rates are close to $2,700 per coin. And when I sold most of my holdings in 2015-16, the prices were around $230 per coin.
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June 13, 2017, 01:40:40 AM
 #138

for a better security? Hah, you wish.
Depends what altcoin you're talking about.  This is about altcoins becoming bigger, and when some of them basically copy Bitcoin's security systems anyway, they can be pretty secure.
No. Stop posting bullshit for signature money. You can use the same algorithm as Bitcoin, but you would not have the same security. No altcoin even comes close to the security of Bitcoin.

for a more peer reviewed and bug free code? absolutely not!
Obviously Bitcoin is the most "matured" cryptocurrency so to speak - but this doesn't mean the code has to be bad.  The code will get better as more ex-Bitcoin users start to get involved (which they already are).
Bullshit again. The users have zero relevance to the quality of the code.

Bitcoin is not just automatically great all the time.
Actually it is. Stop promoting the scam coins because you are greedy.

Dude, you are literally promoting a scam coin in your signature...

And to address your overall point of your (and most of everyone's) argument, is that yes Bitcoin has more security in terms of just brute hash power... but there are other cryptographic algorithms out there that have the capability of becoming more secure based on it's code alone.  I will give Bitcoin the benefit of doubt to have the overall best security due to how difficult each block is getting and overall hash power; but I can see a future where Bitcoin's code will eventually be outdated.

Example A: Cryptonote
Example B: Zk-Snarks

I'm not promoting any coin that uses those algorithms, but I just find them fascinating and am always willing to use better code for secure store of wealth. ... And I really don't think Bitcoin Core will feel the same way because they seem to be always scared of a fork.

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June 13, 2017, 02:45:47 AM
 #139

ETC, ETH and XMR are long term coins and have invested good amount of money in it and also have made some good profits till date but when it comes to an genuine investment I think I will prefer to go with bitcoins.
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June 13, 2017, 03:21:21 AM
 #140

While Bitcoin there are a few scaling options, it appears that a number of Bitcoin investors have been switching to Altcoins, and may not switch back to Bitcoins any time soon .
What will happen if investors continuously switch to altcoins? Will bitcoin crash ?
is there any evidence that bitcoin investors are switching to altcoin? bitcoin still has more potential for an investment than altcoin a high prices, volume as well as users.

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Premier League
LaLiga
Serie A
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Bundesliga
Ligue 1
Primeira Liga
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..TAKE PART..
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