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Author Topic: Bitcoin making alts useless  (Read 1631 times)
MrAAKK
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March 07, 2018, 06:35:04 PM
 #161

It's true that Bitcoin is considered a mother of cryptos but it won't be a reason for alts being useless. In fact, altcoins are even better in term of technologies.
As an example, there is an Airdrop I'm taking part in for "DeepOnion coins", will soon get the mobile wallet and stealth address released soon.
Does Bitcoin offer one of them? I guess no ...

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March 07, 2018, 06:35:37 PM
 #162

Is bitcoin going to be instant and free like XRB? No.

Is bitcoin going to support smart contracts like ETH and NEO? No.

Is bitcoin going to pay you for holding it like NEO, VEN, XLM? No.

Is bitcoin going to pay you exchange dividends like KCS and COSS? No.

Is bitcoin going to be completely anonymous like XMR? No.

Is bitcoin going to have the business partnerships of VEN, ICX, WTC, REG, OMG?

Lightning network will it make it a bit faster and a bit cheaper. There's a hell of a lot more to blockchain technology than being a bit faster and a bit cheaper.

what a great answer, this is the kind of quality posts i expect to see in this forum, thanks for taking the time
For no bitcoin never making altcoin useless because frankly bitcoin gives more opportunities to all altcoin like in there differences in value and price, since there's a lot of user of crypto are cannot afford to buy bitcoin, altcoin are develop but in a cheaper in price. Also many people are choose altcoin because even its cheaper but it is profitable, besides altcoin right now are become popular because of the other one that rises so high its value, so because of that it affect the to altcoin to become in demand.

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BartS
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March 08, 2018, 09:27:27 PM
 #163

As long as the alts are tied with the price of Bitcoin they are going to get man handled by Bitcoin. There needs for the flippening to happen and it needs to happen fast.
Nothing needs to happen, things will happen because that is what the market decides to do, most altcoins are dependent on bitcoin because they are nothing without bitcoin, altcoins that have a strong team of developers and a good community move independently from bitcoin, they still follow it somewhat sometimes but that is because bitcoin is still by far the most used crypto so if they want to change that they need to get a bigger user base besides this will change in the future when more people begin to use other cryptocurrencies for their needs.
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March 08, 2018, 09:29:38 PM
 #164

Bitcoin is not making the alts useless.. It is just hard for the altcoins to grab more attention than Bitcoin.. The most guys are selling their coins at bitcoin dips because they are scared of loosing all their money.
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March 08, 2018, 09:52:26 PM
 #165

We probably have multiple alts that one could consider as better version of bitcoin but as you're noticing, bitcoin is gaining more popularity and a fast growth. The price is not a measure of a coin success so what I'm referring to here is the the number of ATMs, exchanges, stores, services, and people accepting it.

So even If we have some people using alts currently because they believe they are better then bitcoin (which may be true), bitcoin is evolving and the development is super active and exciting times are coming. I honestly believe that this make alts useless (say, by the end of the year), your thoughts?
I think differently, I think altcoin will make Bitcoin useless in the future. Today, a number of altcoin was born, gaining a large market share in the digital currency market. The investors they are gradually turning over to holding other altcoins are not Bitcoin. I think future BTC prices will continue to fall. Because BTC is very competitive compared to other altcoin.
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March 09, 2018, 06:34:27 AM
 #166

maybe it can vice versa, altcoins making bitcoin useless.
alts have more features
We all know this thing that both bitcoin and altcoins have got some very good feature and that it is useless to make a comparison in between either of them as they are entirely different form one another and none of them has anything to do with other coin. Altcoins are far better than that of bitcoin when you talk about day trading and bitcoins are the best at time you talk about long term investment of money.
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March 09, 2018, 06:39:31 AM
 #167

We probably have multiple alts that one could consider as better version of bitcoin but as you're noticing, bitcoin is gaining more popularity and a fast growth. The price is not a measure of a coin success so what I'm referring to here is the the number of ATMs, exchanges, stores, services, and people accepting it.

So even If we have some people using alts currently because they believe they are better then bitcoin (which may be true), bitcoin is evolving and the development is super active and exciting times are coming. I honestly believe that this make alts useless (say, by the end of the year), your thoughts?
I think it all the way around altcoin making btc useless.
ptolimeus
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March 11, 2018, 06:03:30 PM
 #168

We probably have multiple alts that one could consider as better version of bitcoin but as you're noticing, bitcoin is gaining more popularity and a fast growth. The price is not a measure of a coin success so what I'm referring to here is the the number of ATMs, exchanges, stores, services, and people accepting it.

So even If we have some people using alts currently because they believe they are better then bitcoin (which may be true), bitcoin is evolving and the development is super active and exciting times are coming. I honestly believe that this make alts useless (say, by the end of the year), your thoughts?
I think differently, I think altcoin will make Bitcoin useless in the future. Today, a number of altcoin was born, gaining a large market share in the digital currency market. The investors they are gradually turning over to holding other altcoins are not Bitcoin. I think future BTC prices will continue to fall. Because BTC is very competitive compared to other altcoin.
If we compare the indicator of market capitalization, the ethereum capitalization is only half that of bitcoin. I think this is a good indicator. I think in the future altcoins will gradually catch up bitcoin in terms of market capitalization because ethereum and other coins offer more advanced technologies than bitcoin.
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March 13, 2018, 01:24:25 PM
 #169

We probably have multiple alts that one could consider as better version of bitcoin but as you're noticing, bitcoin is gaining more popularity and a fast growth. The price is not a measure of a coin success so what I'm referring to here is the the number of ATMs, exchanges, stores, services, and people accepting it.

So even If we have some people using alts currently because they believe they are better then bitcoin (which may be true), bitcoin is evolving and the development is super active and exciting times are coming. I honestly believe that this make alts useless (say, by the end of the year), your thoughts?
Altcoins is very important,in the world of cryptocurrency,and because of so many alternative coins,we become profitable in every campaign that  we joined,because there is a competition in the exchange market when the alternative coins is coming as a part in the digital currency system. Actually altcoins is the big competitor of bitcoin in the market thats why mostly investor want to gain more alternative coins rather than in bitcoin,because its less to buy,and sell it high.

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March 13, 2018, 09:27:50 PM
 #170

We probably have multiple alts that one could consider as better version of bitcoin but as you're noticing, bitcoin is gaining more popularity and a fast growth. The price is not a measure of a coin success so what I'm referring to here is the the number of ATMs, exchanges, stores, services, and people accepting it.

So even If we have some people using alts currently because they believe they are better then bitcoin (which may be true), bitcoin is evolving and the development is super active and exciting times are coming. I honestly believe that this make alts useless (say, by the end of the year), your thoughts?
Altcoins is very important,in the world of cryptocurrency,and because of so many alternative coins,we become profitable in every campaign that  we joined,because there is a competition in the exchange market when the alternative coins is coming as a part in the digital currency system. Actually altcoins is the big competitor of bitcoin in the market thats why mostly investor want to gain more alternative coins rather than in bitcoin,because its less to buy,and sell it high.
Altcoins already make a worthy competition bitcoin, in the future it will be even better. Yes, now among the altcoins there is a real natural selection, many projects will disappear and open the way to more promising projects. This will make the industry healthier.

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March 13, 2018, 09:34:08 PM
 #171

I think atls making bitcoin useless. Not today, because there are some big holders of bitcoins and they intresting for high price of bitcoin while they have it. when they will convert most of own btc to fiat bitcoin will die i guess.

BartS
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March 14, 2018, 02:27:18 PM
 #172

I think atls making bitcoin useless. Not today, because there are some big holders of bitcoins and they intresting for high price of bitcoin while they have it. when they will convert most of own btc to fiat bitcoin will die i guess.
And who is going to do that? Most long term holders of bitcoin do no have plans to cash out all their bitcoins they may cash out some to enjoy the benefits of being a whale but most people what they want is to wait for the day they can use their bitcoin directly without having to sell their bitcoin and if that happens the price of bitcoin will go up that will give the persons an incentive to use their coins directly, one of the reasons alts are so successful is because there is not much to do with your bitcoin and many decide to try their chances with alts once that no longer is the case the alt market could go down.
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March 15, 2018, 08:51:44 AM
 #173

We probably have multiple alts that one could consider as better version of bitcoin but as you're noticing, bitcoin is gaining more popularity and a fast growth. The price is not a measure of a coin success so what I'm referring to here is the the number of ATMs, exchanges, stores, services, and people accepting it.

So even If we have some people using alts currently because they believe they are better then bitcoin (which may be true), bitcoin is evolving and the development is super active and exciting times are coming. I honestly believe that this make alts useless (say, by the end of the year), your thoughts?
Altcoins is very important,in the world of cryptocurrency,and because of so many alternative coins,we become profitable in every campaign that  we joined,because there is a competition in the exchange market when the alternative coins is coming as a part in the digital currency system. Actually altcoins is the big competitor of bitcoin in the market thats why mostly investor want to gain more alternative coins rather than in bitcoin,because its less to buy,and sell it high.
Altcoins will always be important and definitely will have a place in the cryptocurrency ecosystem as they serve their own functions in their separate ways and based on the project of each alt and the solution they provide, that is what would make them stay relevant even in the long run.

For now, it is going to be hard to even get to surface into limelight considering the dominance of the boss itself, but things will change. However, this is not a competition, and in the long run, either alts or the legacy coin; they will all be doing fine as long as they keep serving a purpose and solving problems which render shitcoins useless at the end.

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March 15, 2018, 09:18:50 AM
 #174

No, Every alt has a market they are targeting and Bitcoin isn't big or good enough that it can handle all the markets by itself. Just cause theres Windows doesn't means that Linux shouldn't exist. They both serve their respective markets.

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March 17, 2018, 11:13:10 AM
 #175

Bitcoin is not making the alts useless.. It is just hard for the altcoins to grab more attention than Bitcoin.. The most guys are selling their coins at bitcoin dips because they are scared of loosing all their money.
And that still makes them useless all the same. Grin The thing is that it will always be hard and it is not like they are not gaining any attention, but we all already know how the market has always been like considering that bitcoin have a huge effect generally on the market. Anyone selling coins now at dips are really not helping their own situations because they will end up losing badly anyway.
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March 17, 2018, 11:27:47 AM
 #176

We probably have multiple alts that one could consider as better version of bitcoin but as you're noticing, bitcoin is gaining more popularity and a fast growth. The price is not a measure of a coin success so what I'm referring to here is the the number of ATMs, exchanges, stores, services, and people accepting it.

So even If we have some people using alts currently because they believe they are better then bitcoin (which may be true), bitcoin is evolving and the development is super active and exciting times are coming. I honestly believe that this make alts useless (say, by the end of the year), your thoughts?
I think it all the way around altcoin making btc useless.
well, anyhow anyone wants to see it, the thing is that we cannot change one fact and that is one thing that no altcoin has been used in a large scale as much as bitcoin, so in one word, the devil you know is far better than the angel you do not know.

We may think some alts are fast, but how many transactions go through them in a day, also, we have to remember that in terms of trust in investment, bitcoin will still always gain ground which is why it is so easy for bitcoin to pull down the whole market with it.
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March 17, 2018, 12:25:30 PM
 #177

We probably have multiple alts that one could consider as better version of bitcoin but as you're noticing, bitcoin is gaining more popularity and a fast growth. The price is not a measure of a coin success so what I'm referring to here is the the number of ATMs, exchanges, stores, services, and people accepting it.

So even If we have some people using alts currently because they believe they are better then bitcoin (which may be true), bitcoin is evolving and the development is super active and exciting times are coming. I honestly believe that this make alts useless (say, by the end of the year), your thoughts?
I think differently, I think altcoin will make Bitcoin useless in the future. Today, a number of altcoin was born, gaining a large market share in the digital currency market. The investors they are gradually turning over to holding other altcoins are not Bitcoin. I think future BTC prices will continue to fall. Because BTC is very competitive compared to other altcoin.
I normally call this stories that touch the heart. It is impossible and it would take a whole lot for any altcoin to be able to beat that.

Altcoins, at least some will always have their place but bitcoin is already so established to the point that an altcoin will really just displace it easily without coming up with something that bitcoin cannot easily come up with and integrate into its own protocol.
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March 17, 2018, 12:28:29 PM
 #178

Yes sure, people buying alts mainly just speculating to get more btc obviously. But i think there's still a room for alts to growing, like any cool system that's bitcoin not had like decred, dash etc.
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March 17, 2018, 12:36:06 PM
 #179

Yes sure, people buying alts mainly just speculating to get more btc obviously. But i think there's still a room for alts to growing, like any cool system that's bitcoin not had like decred, dash etc.
Ha ha, bitcoin is not a great technology, it is symply the first cryptocurrency. There are a lot of much more advanced crypto like Ether, Waves and so on.
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March 17, 2018, 12:39:37 PM
 #180

I thought differently, because the altcoin was born so much, they made Bitcoin useless. In the future, altcoin will grow stronger than Bitcoin, ETH, DASH, RIPPLE, LITECOIN ... etc. These potential coins will overtake BTC in the next few years, they will make the BTC become invalid on the market.

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