Bitcoin making alts useless

[Thian778]

sounds like you are always make comparison of Altcoins to Bitcoin, Bitcoin only affect the price of them but not the growth, imagine how ETH grow it is an example that any coin can just grow if the project team will push and push their limit or limitation in achieving growth, don't focus too much on how to make the altcoin increase its price but also increase its function.

[ronics]

Even in this way we did not put the Bitcoin into an argrement usually of these that are called ALtcoins are not used at all and for me it is sad to imagine that little people. because they are awake when it comes to the day and they see a Altcoin hidden and worth close to Zero. The level of investment in Bitcoin is huge and can not be a rival any of ALtcoin projects today.

[Crytptomeniac]

It isn't making any altcoins useless. Altcoins are valuable by their own right and they have proved that they are just as valuable as bitcoin and they are here to stay so we should all stop worrying about them. Be patient and you will see the good things that will happen to the altcoins in the coming years, they will do very well

[upbit]

Yes, it is always possible. Problems can consist of competitors who also want to make their crypto currency into circulation, so it is difficult.

[Iniya]

The situation is solved by itself. Let those are worried, who don't know about the cryptocurrency and don't invest their money in it. In the end, every day everything develops at an insane pace and can't be left behind.

[GangNamSK]

sounds like you are always make comparison of Altcoins to Bitcoin, Bitcoin only affect the price of them but not the growth, imagine how ETH grow it is an example that any coin can just grow if the project team will push and push their limit or limitation in achieving growth, don't focus too much on how to make the altcoin increase its price but also increase its function.

I agree with you, currently Bitcoin and altcoin are growing independently and do not affect too much. The cryptocurrency market is relatively small, so it is susceptible to being manipulated by the investor's price action, so the coin will be prone to manipulation. Each coin has its own development in the direction of the DEV team and the community investment.

[Rage]

I agree a lot with this.. but not because of bitcoin on it's self, alts are becoming useless because of bitcoin ups and downs, that is the most important reason of why almost all the altcoins are going down at the moment

[ashao1015]

My thought are following: bitcoin got were he is only because of his popularity. Remember the hype of 2017 year.
TV was talking only about bitcoin, and nobody ever told about any other growth recordsmans that made 10 x`s. Bitcoin was first but it doesn't mean it will last first forever. There can be other strong players as well.

[Shavedcoconut]

No, I dont believe bitcoin will make alts useless. Maybe you are actually referring to it impeding the price invrease in alts? That would be different than making them useless. As ive seen mentioned already, there are soooo many alts with real USEFUL application, not just a money alternative or substitute like bitcoin. If price depends on demand then the team behind the project just needs to follow through with the initial idea and for it to work and again, be useful so that people will want/demand it. Dont see why alts couldnt grow like bitcoin given time for people to learn about them first and find out they want to use it.

[Vispilio]

There are many altcoins out there that are offering a unique use case, technology or raison d'etre that's decidedly different from Bitcoin's.

Not only that but the core developers of bitcoin made some strategic mistakes, perhaps under pressure by the banking industry and government, and now even for the original purposes of Bitcoin, some contenders are doing better like BCH outperforming as a Medium of Exchange, etc...

[vivuta111]

That's not true. Each coin contained a different function. Same as Iphone vs Samsung. Bitcoin better for you but for others the coins is more convenient.

[percopolis]

I think that for the time being the market is developing, and the BTC in it is the flagship. But this may change in the future, as many altcoins are very popular and in demand in different areas. Also, the speed of transactions of some altcoins is much faster

[Kryten12]

I wouldn't say that is 100% accurate, Bitcoin does dominate the market and as such has an effect on all of the alts as well. However individual coins can still preform independently and react to a big exchange listing or a project milestone. Patience is ket at the moment.

[santouao]

Because theres a lot of people also that they know only is bitcoin. In other words for people become aware on cryptocurrency many merchants uses bitcoin as front of cryptocurrency but they will realized if they study cryptocurrency that there is better than bitcoin when it comes in fast transaction, minimal fees and etc and this can bring them to know other coin or altcoins.

[voxdu12]

bitcoin has very small possibilities like many alto's so that he never makes them useless, useless, they can only do themselves

[ethereumhunter]

I believe that every altcoin has different ways to help people and I am sure that the altcoin will make people life easy and simple. altcoin and bitcoin are helping each other and will help people also although altcoin depends on bitcoin price movements. people still attract to bitcoin because of the price is expensive and with bitcoin, people believe that they can make a lot of money. and the present of altcoin will help people to gain more bitcoin if they can do many ways to earn more bitcoin. and until now, bitcoin still popular than altcoin because altcoin itself still undervalued and cannot reach the highest price and if we compare with bitcoin, the altcoin is still behind the bitcoin.

[Sartrute]

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?

Theoretically, such an option was possible. But at the moment I see that everything is going the other way around. Now bitcoin is being forced out from all fields of application, it seems to me that bitcoin has become an ordinary coin, there is nothing special about it.

[nakamitu]

BTC is an intermediate of altcoin, so it can not make altcoin useless

[ichanjay]

I can agree on this in terms of the price. When BTC drops, altcoin follows. But if the coin is being used and has a wide adoption, I think it will survive. But it should be paired to fiat so its value will not be affected by btc

[Dansamiv]

I do not think that. Bitcoin has its own specialties and altcoin has its own unique utility. That makes the crypto market richer and more diverse. Of course, a product wants to achieve value, it must create value to use and meet the needs of users in practice. And I think altcoin is doing well. Statistics on cmc always show the most concrete evidence.