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Author Topic: Do Altcoins really have a future?  (Read 46811 times)
Hoganye
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November 14, 2017, 05:07:30 PM
 #1381

With all the icos and altcoin popping here and there, not all of them survives or lasts long. Some of them just fade or disappear while some survives. Altcoin's future depends on its technology and developers and so as its investors. So long as the project keep on improving and the population of its investors keeps incrrasing then i guess that certain altcoin has a future.
While the community is key to the survival of a coin, the developer needs to be extraordinaire as well, you cannot just create a cone of another coin and think yourself as a great developer, you need to try to do something better than other coins or to find an application to the blockchain that no one has thought.
However, we do not need to have much application like now of the ICO market. There are many good ideas and all ideas is ok, I can not negate the idea of some potential projects. But, can the devs of these projects make their idea become the truth in future? And is it really improve our society or just useless?
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Matias
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November 14, 2017, 06:26:07 PM
 #1382

My opinion is, that altcoins are zero sum game. Users gamble against each other.

Altcoins only value is, that you can change them to Bitcoins.
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November 14, 2017, 07:04:25 PM
 #1383

I think many of the altcoins will have no future and they will be just memories. But I have good expectations from the ethereum. I hope to see that its price will reach really high amounts like bitcoin's price.
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November 14, 2017, 07:24:29 PM
 #1384

I do believe that there is a possibility to overtake bitcoin by one or more altcoins. Bitcoin is a pioneer but it has its own limitations. There are great businesses out there  and willing to implement blockchain technology for future use. For example  I came across with SingularityNET not long ago through Sophia the AI robot who's became the first citizen of Saudi Arabia and found out that Sophia's AI will be on blockchain. Hanson Robotics is a leading technology and has a great future like many others. I have faith in altcurrencies as a whole and no doubt of their future.

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November 14, 2017, 07:55:53 PM
 #1385

I think in short term every thing is possible as we experienced high increase in prices of most of major altcoins such as Ethereum. But in long term everything depends on what will happen to Bitcoin.
In my opinion in future we will have only one acceptable cryptocurrency. If Bitcoin can solve its problems like high transaction fees that you mentioned, It will be that cryptocurrency. If not we should wait for another cryptocurrecncy that will replace Bitcoin.
We should also consider another important issue which is governments decisions. In future after accepting bitcoins by entire world, Governments would like to have more control on the system. We should wait for their decision whether they want bitcoin to be that major cryptocurrency or not.

thanks for the great answer. I think esactly the same.

One acceptable cryptocurrency is the future. And government pressure into that coin is the thing to discuss in the future.

But if governments try to control that system, alternative coins will survive in order to eliminate the pressure..

I think the best thing about crypto for now is that governments have no control over it. Once governments sink their fingers into it, it might get all turpsy-turvy.
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November 14, 2017, 08:49:43 PM
Last edit: November 14, 2017, 09:06:52 PM by MCVXYZ
 #1386

There are many promising and useful altcoins.Some  of them have focused on speed,some alts have low transaction fees,all altcoins have their aims and goals.i think that they have future,You can see Increase of profit by 2017: 1.Ethereum 2,000%+. 2.Litecoin 750%. despite this each altcoin comes with its own strengths and weakness.

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November 14, 2017, 09:11:20 PM
 #1387

Altcoins are only for short term. I don't buy altcoins, I earn them. When I earned, I sell it immediately. I don't hold it, I exchange it to eth and eth to btc. That's the time I hold it. When the value of btc increases, I exchange it to cash. But there are some altcoins have potential and some are not. I do have a hunderd or more shitcoins in my wallet.

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Bitsurfer333
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November 14, 2017, 09:38:40 PM
 #1388

BTC is the only real thing that go up and up when every other coin pumps...
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November 14, 2017, 10:28:12 PM
 #1389

I believe Bitcoin has a future in long term. It proved itself in the past years and it is getting widely popular. It just has a transaction fee problem atm.

What about the altcoins? Who does use them for real? Will people use them in the future for real purpose?

I only have a hope for ethereum and litecoin, but not for the rest. I am not even sure for eth and ltc.

If bitcoin solves the reansaction fee and time problem, I doubt eth and ltc even have a future.

The only altcoins that have a better future which I am sure that it has are Ethereum, Xem, Waves, Mysterium, Adex, Dent, And the upcoming altcoin due to it is currently in the ico campaign which is Earth token and Utrust, then Caviar.

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November 14, 2017, 11:27:55 PM
 #1390

BTC is the only real thing that go up and up when every other coin pumps...

This is true. That is why I told a lot of people to have a good portfolio in their crypto investment. Alt coins does have huge chances to gain massive profits like x10 or even x100 which it very hard for btc to do so. However, btc itself is stable and grow organic-ly.
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November 14, 2017, 11:29:10 PM
 #1391


If the right alt comes around with a solid team that has actual marketing experience, and had someone in a position of power at a top company (such as IBM, Amazon, etc) they could absolutely replace BTC as the dominant payment form. I would say Dash has come to the closest to this, as they actually earn enough funds from the coin to reinvest in marketing, an incubator program, etc.

BTC needs to fix the scaling issue, the mining centralization issue, etc for it to be dominant in 20+ years.

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November 15, 2017, 08:59:20 AM
 #1392

There are some altcoins have future but not all of it have future. Some altcoins are good at first but as time goes by the value of it getting ignored because or the new altcoins and new ICOs. The people always wanted new, they forgot the value of the old one because they saw a new one
Altcoins are increasing everyday though there is nothing that can damage Bitcoins price since Bitcoin is what started the whole thing.

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November 15, 2017, 03:25:50 PM
 #1393

You can't compare BTC with ETH as you're doing. Both of them are solving something completely different than the other. Actually ETH is more similar to BTC than BTC to ETH, because ETH can do what BTC does (transfer of value) but BTC can't do what ETH is doing (programming smart contracts), and that's quite big. If anything has a future then it's Ethereum, it might serve at the moment mainly ICO's and act as a crowdfunding platform, but there will be far more applications launching in the short and long term and you'll see that ETH is capable of so much more than we currently are aware of. Most of the things that can be created with Ethereum have not even been thought about.. it's the very begin of a very long story and whoever is invested early will eventually reap the benefits.
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November 15, 2017, 05:02:15 PM
 #1394

There are some altcoins have future but not all of it have future. Some altcoins are good at first but as time goes by the value of it getting ignored because or the new altcoins and new ICOs. The people always wanted new, they forgot the value of the old one because they saw a new one
Altcoins are increasing everyday though there is nothing that can damage Bitcoins price since Bitcoin is what started the whole thing.

altcoin for me are good only by day trading but for long term i dont even know and think if there should be an altcoin that are good on it that he can be a good for the nera future may be it will be for having the best team and people that are trusting on it.
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November 15, 2017, 05:07:49 PM
 #1395

I believe that the capitalization of altcoins from the top-50 of coinmarket will increase  by the spring of 2018. Many of them will be able to do x10 from the current price.
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November 15, 2017, 05:10:33 PM
 #1396

BTC is the only real thing that go up and up when every other coin pumps...

This is true. That is why I told a lot of people to have a good portfolio in their crypto investment. Alt coins does have huge chances to gain massive profits like x10 or even x100 which it very hard for btc to do so. However, btc itself is stable and grow organic-ly.
I love this crypto world just because of this as we can hit any limit any time but need some work and luck because if you are going with right amount and right place you can earn as you have no dream I try few months ago but have very little profit still in hunting for this chance hope have in future
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November 15, 2017, 05:11:52 PM
 #1397

I believe that the capitalization of altcoins from the top-50 of coinmarket will increase  by the spring of 2018. Many of them will be able to do x10 from the current price.
just a speculation but we can even know if that may happen , but for me nothing to be against with you the way on how you think for what will happen i dont think that it may happen so we should just wait , for the upcoming 2018 i am hoping that the market will be in a good it was a long run again with the currencies that able to make some profit , but who knows for this coming years that the altcoin most of them are make some noise. Hope it will be.
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November 15, 2017, 05:18:31 PM
Last edit: November 15, 2017, 05:36:20 PM by Mr_McKska
 #1398

Many of alcoins on the market will die in the next few years (months for some coins maybe). But I'm sure that almost everything around us will be digitized and tokenized in the nearest future. So, these dead altcoines will be replaced by the next generation of altcoins v.2.0 soon.
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November 16, 2017, 12:09:46 AM
 #1399

I trust Bitcoin will be around for quite a while and will dependably convey a high esteem, however I likewise trust an overall better coin will show up and take lead . This doesn't mean in cost essentially. More like Bitcoin is to Gold as future ?coin is to standard fiat. We claim gold and its an extraordinary item with a ton of significant worth yet it isn't the least demanding or most proficient approach to buy products, much the same as you wouldn't take a gold piece to go shopping for food.
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November 16, 2017, 02:36:49 PM
 #1400

altcoins do have their chance to success in the future especially those which don`t apply segwit and never split
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