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Author Topic: What makes Bitcoin different from alt coins?  (Read 404 times)
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January 24, 2018, 10:41:59 AM
 #41

Altcoins is a short term investment. It may goes up its price but its not long term. When it goes up, after that the price will go down and will never be go up again. While bitcoin is a long term investment. When the price or value goes down, it may be goes up again not as the same of altcoins. That is my observation of the difference between altcoin and bitcoin.

 I tend to agree. Right now, there are close to 1,500 circulating in the market and very few of them will survive in the long term. Anywhere from 90% to 99% of the altcoins will become worthless in the next one or two years. I don't know which ones will survive, but I have high hopes for coins such as Stellar Lumens, Ethereum, Litecoin, Bitcoin Cash, Byteball, and Monero.

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January 24, 2018, 10:48:41 AM
 #42

Altcoins is a short term investment. It may goes up its price but its not long term. When it goes up, after that the price will go down and will never be go up again. While bitcoin is a long term investment. When the price or value goes down, it may be goes up again not as the same of altcoins. That is my observation of the difference between altcoin and bitcoin.


I don't agree. See Ethereum, Dash and Monero. Prices are rise in long term. I thing there are many altcoins with more benefits than bitcoin. What distinguish bitcoin from others is just its popularity as it's the first cryptocurrency. Most of the people when know bitcoin at first and then know other coins. A day another cryptocurrency can be more valuable.

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January 24, 2018, 10:51:01 AM
 #43

If we subtract Bitcoin from altscoins or cryptoworld then all crypto worth become zero. so we can say Bitcoin is the leader of all altcoin,Bitcoin is king of crypoworld no altcoin can compare with it.

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January 24, 2018, 10:58:31 AM
 #44

Can we expect altcoins to reach the success of Bitcoin? and how long would it take? what are success metrics?


Ethereum and ripple has made a success with respect to where they started from. I have a great feel that this is year for altcoin rise and bitcoin price stability.

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January 29, 2018, 08:36:38 AM
 #45

Bitcoin has a large lead as a store of value over every altcoin in having existed 8 years without failure. The security of Bitcoin has been proven far more than its much younger counterparts with usage by almost every metric exceeding that of altcoins.  Cool
Further, Bitcoin is more accessible, with more exchanges, more merchants, more software and more hardware that support it. Bitcoin is far more liquid, with much larger volumes than every altcoin. Bitcoin has the largest developer ecosystem with more software and more implementations than any altcoin. Bitcoin has the most entrepreneurs creating companies around it with a lot of intellect, dedication and creativity going toward making it more useful.
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January 29, 2018, 09:04:05 AM
 #46

Bitcoin was the first cryptocurrency. For example, hoover brand name became synonymous with vacuum cleaners, and Bitcoin became synonymous for digital currencies.
Bitcoin is the first cryptocurrency in the world.
IOTA is the first cryptocurrency not based on a blockchain.
Even if any new altcoin becomes more popular than Bitcoin, Bitcoin would remain famous as the first invented cryptocurrency in the world.
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January 29, 2018, 09:15:52 AM
 #47

Bitcoin will forever be known as the first crypto currency.  It’s place in history is already well defined.  As such, I believe it will always be a valuable commodity.  As long as the people believe in it, it will be a great place to store value. 
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January 29, 2018, 10:03:48 AM
 #48

I think the bitcoin has the highest market volume than all the altcoins plus it has been around  for the longest time and withstood the test of time which means a lot of people are going to feel at ease investing in bitcoin than any other altcoin because its the least likely to fail cryptocurrency.
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February 08, 2018, 06:46:43 PM
 #49

bitcoin is the base currency all the currency date and every one buy so bitcoin is important
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February 08, 2018, 06:50:55 PM
 #50

Bitcoin has been around the longest and it has been a leader and a revolution-er for every other coin, it opened the way to the others and has got the title of a reserve currency.
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February 08, 2018, 08:10:45 PM
 #51

bitcoin has the biggest community: evangelists & developers, so it is here to stay..

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February 08, 2018, 08:45:03 PM
 #52

Can we expect altcoins to reach the success of Bitcoin? and how long would it take? what are success metrics?
As long as bitcoin becomes the benchmark for determining the price and the movement of an altcoin there probably will not be any altcoin that can beat bitcoin success. But, to become the toughest competitor of bitcoin may be a very open opportunity because even in the competitive economy it is indispensable to make comparisons and get the shortcomings of each and be evaluated by developers to make the coin better.
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February 08, 2018, 09:15:55 PM
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Can we expect altcoins to reach the success of Bitcoin? and how long would it take? what are success metrics?
You cannot expect altcoins in general to have the same success of bitcoin, only some altcoins are going to have anything similar, most other altcoins are not going to survive for long, besides the current success of bitcoin is still small compared to its potential, if bitcoin is adopted by a huge amount of people then we could say that almost no altcoin is ever going to reach that level of success.
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February 21, 2018, 06:46:32 AM
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Can we expect altcoins to reach the success of Bitcoin? and how long would it take? what are success metrics?
Differences Bitcoin and Altcoin - Virtual currencies of various kinds for example are Litecoin, Dogecoin and there is also Altcoin. The currently popular is Bitcoin, though there's nothing wrong if you understand the difference between each of those virtual currencies. every virtual currency has its own advantages and disadvantages, for example Altcoin and Bitcoin. If traced further a lot of types of cryptocurrency that exist in the community but who is rising then Bitcoin. altcoin itself is a newcomer that has not been widely known by the public so that the description of Altcoin is still gray or unclear. In order for you to be more familiar with Altcoin, consider the difference Bitcoin and Altcoin following
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February 21, 2018, 06:52:59 AM
 #55

Main key of success of bitcoin it the fact that it is the first crypto, and even today it has best concept, it is decentralized and it is also one of the pros.
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February 21, 2018, 07:09:34 AM
 #56

Can we expect altcoins to reach the success of Bitcoin? and how long would it take? what are success metrics?

I think that main key of success it that bitcoin is the first, and it is more "posh" to have bitcoin than other coins, so big investors make there investments in it.
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February 21, 2018, 07:12:05 AM
 #57

BITCOIN is different from alt coins. peoples are used for bitcoin in future.bitcoin has safe and change the growth. bitcoin has the biggest developers so it is here to stay.
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February 21, 2018, 07:21:57 AM
 #58

1. Can we expect altcoins to reach the success of Bitcoin?
2. and how long would it take?
3. what are success metrics?
4. What makes Bitcoin different from alt coins?

This is better than yours (the way you written the questions).

1. Unknown (maybe yes, maybe no) but I prefer altcoins will never reach or equal with bitcoin in term of; price and trust from people.
2. Unknown (we don't know what will happen in the future) if refers to my first point, it will take forever.
3. Adoption, acceptance, spread widely in worldwide (bitcoin and ethereum has these points)
4. The most significant thing is; bitcoin is the first cryptocurrency and altcoins just other copied, following bitcoin path.
There are a lot of altcoins which is better than bitcoin such as lower fees or faster confirmation time, etc. But, altcoins still can't reach bitcoin due to that (4th) reason.
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February 21, 2018, 07:28:22 AM
 #59

Can we expect altcoins to reach the success of Bitcoin? and how long would it take? what are success metrics?
Bitcoin has important implications for the development of cryptocurrency. That is a huge difference. it is a process. Altcoin inherits and improves the features of bitcoin to create services, quality and usability and bring it into practice. ETH, LTC are very good progress. It is impossible to know if the altcoin ratio can succeed in the future. We can accept and appreciate the positive on cryptocurrency.
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February 21, 2018, 07:30:39 AM
 #60

Can we expect altcoins to reach the success of Bitcoin? and how long would it take? what are success metrics?


can, everything can happen in the future. there is no definite measure of when it will happen
for now, bitcoin is too strong to be defeated by altcoin. bitcoin is the most famous crypto and has a selling value is quite expensive. almost all traders and investors have bitcoins
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