Bitcoin will be the only remaing cryptocurrency online!!!

[Xester]

Twitters banning of cryptocurrency related ads and ICO's is a huge attack on cryptocurrency world. This may sound bad, but this is a good news for bitcoin. If you have read the article the twitter CEO mentioned this " bitcoin would likely stand as the world’s “single” currency, and that fiat or other forms of virtual money would become obsolete or nonexistent; the world ultimately will have a single currency; the internet will have a single currency. I personally believe that it will be bitcoin.” (https://bitcoinmagazine.com/articles/twitter-abruptly-bans-cryptocurrency-ads-beginning-today/)

These are the words being thrown by Twitter CEO and I was surprised to see that bitcoins value had dropped again. Those statements are telling us not to sell our bitcoin today but rather we must sell other altcoins and buy more bitcoins. If what he said is true then we the bitcoin holders will be really rich in the future.

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[pooya87]

i believe fiat will always be around and won't become obsolete just because of bitcoin. that doesn't mean bitcoin won't grow though! bitcoin will continue to become bigger and bigger and as time passes we will continue to see more adoption happening all around the world. and i think it was already proven that bitcoin can not be stopped, it is a revolutionary currency that is strong because of its decentralization.

[albinma]

Twitters banning of cryptocurrency related ads and ICO's is a huge attack on cryptocurrency world. This may sound bad, but this is a good news for bitcoin. If you have read the article the twitter CEO mentioned this " bitcoin would likely stand as the world’s “single” currency, and that fiat or other forms of virtual money would become obsolete or nonexistent; the world ultimately will have a single currency; the internet will have a single currency. I personally believe that it will be bitcoin.” (https://bitcoinmagazine.com/articles/twitter-abruptly-bans-cryptocurrency-ads-beginning-today/)

These are the words being thrown by Twitter CEO and I was surprised to see that bitcoins value had dropped again. Those statements are telling us not to sell our bitcoin today but rather we must sell other altcoins and buy more bitcoins. If what he said is true then we the bitcoin holders will be really rich in the future.

It is actually a good sign for bitcoins in my opinion as well. Bitcoins was never using these platform for promotion and most of the fraud companies were using these. It will improve the image of bitcoins once these fraud coins die without any promotion.

[sirkings0003]

Yes, his words may sound convincing and re assuring that bitcoin is the king of cryptocurrency but there are so many forces in the crypto market. Those other forces would still influence prices positively or negatively.

[Swenna]

Yes, his words may sound convincing and re assuring that bitcoin is the king of cryptocurrency but there are so many forces in the crypto market. Those other forces would still influence prices positively or negatively.

I agree with this one. There are lots of intrinsic and extrinsic forces that plays in the market, thus affecting the price and value of bitcoin and other cryptocurrencies. However, there are some good altcoins, too. And we have to remember that most of these altcoins were developed for a theoretical purpose and wasn't developed just so they can replace bitcoin. I think everyone is well aware of the fact that bitcoin is unstoppable and irreplaceable.

As for the fiat money, no, it will not vanish; it will not disappear. Not all countries int he world is as progressive and advance as others to depend on blockchain. Unless the Third World countries in the world breaks the barrier of being a third world and meet the most advanced countries halfway, fiat will never lose its value.

[skyline247]

While this is a high probability there are also some good altcoins out there which will stand the test of time too. Ethereum is a good example of one of these altcoins which will likely last a long time and even though they will never surpass bitcoin, they will still be around and have good value in the market and make many of their investors rich.

[Msile]

 
We may not be able to tell if BTC is the only crypto that will survive the crash, but one thing for sure is that there are a number of altcoins which may just preserver as well. some will fade off and fail but good coins with good projects will always have a survival chance

[Markyway88]

Yes, his words may sound convincing and re assuring that bitcoin is the king of cryptocurrency but there are so many forces in the crypto market. Those other forces would still influence prices positively or negatively.

I agree with this one. There are lots of intrinsic and extrinsic forces that plays in the market, thus affecting the price and value of bitcoin and other cryptocurrencies. However, there are some good altcoins, too. And we have to remember that most of these altcoins were developed for a theoretical purpose and wasn't developed just so they can replace bitcoin. I think everyone is well aware of the fact that bitcoin is unstoppable and irreplaceable.

Soon, altcoins that developed will not be appreciated. Eventhough there some existing altcoins who had a better blockchain technology than bitcoin still they will be nulled someday.

As for the fiat money, no, it will not vanish; it will not disappear. Not all countries int he world is as progressive and advance as others to depend on blockchain. Unless the Third World countries in the world breaks the barrier of being a third world and meet the most advanced countries halfway, fiat will never lose its value.

Right now, but in the future it may change. The perspective of having a single and digital currency may occur not now but it may be someday. Future dictates for the development lf currency and we can't deny that our life today will never change by the next generation.

[Roukawa]

Twitters banning of cryptocurrency related ads and ICO's is a huge attack on cryptocurrency world. This may sound bad, but this is a good news for bitcoin. If you have read the article the twitter CEO mentioned this " bitcoin would likely stand as the world’s “single” currency, and that fiat or other forms of virtual money would become obsolete or nonexistent; the world ultimately will have a single currency; the internet will have a single currency. I personally believe that it will be bitcoin.” (https://bitcoinmagazine.com/articles/twitter-abruptly-bans-cryptocurrency-ads-beginning-today/)

These are the words being thrown by Twitter CEO and I was surprised to see that bitcoins value had dropped again. Those statements are telling us not to sell our bitcoin today but rather we must sell other altcoins and buy more bitcoins. If what he said is true then we the bitcoin holders will be really rich in the future.

For sure, it may not happen. A lot of existing cryptocurrencies are more powerful and had a rich developers. It is not easily to take down all of this cryptocurrency because the developers are popular and they will not let their capital and investors will gone.
What about their efforts to make their own advanced blockchain? Cryptocurrency will fall down if it may happen. A lot of people will surely disappointed if this scenery will occur.

[CoinOnTheBeach]

I think the bans might be lifted when the regulations are introduced.
Once this is done there is no excuse to limit the exposure.

[talkbitcoin]

I think the bans might be lifted when the regulations are introduced.
Once this is done there is no excuse to limit the exposure.

and once people realize banning a decentralized currency is the most ridiculous action they will stop caring about them and they will be lifted.

not to mention that the bans have so far been bans of scams not banning bitcoin for instance. some platforms like facebook and google have been the breading ground for all these scams and because of that they banned them all. examples of such bans is banning ICO scam ads.

[Danish Mohiuddin]

Bitcoin is plagued with insider trading and price manipulations by whales which is hampering it's prospect of attracting new users to the Bitcoin ecosystem as they will be shoes away due to the violitilty in it's price and the manipulation that's it sees.

[Bdstar]

I agree with this point because Bitcoin is the soul of this blockchain system and people are getting familiar with this newly invented monetary system through Bitcoin. So that Bitcoin will survive for a long time.
Day by day cryptocurrency platform is getting difficult to predict because of the scam, you may not find the proper way of recognizing a good ICO that's why Bitcoin is the safest platform in this system.

[brylle34]

Twitters banning of cryptocurrency related ads and ICO's is a huge attack on cryptocurrency world. This may sound bad, but this is a good news for bitcoin. If you have read the article the twitter CEO mentioned this " bitcoin would likely stand as the world’s “single” currency, and that fiat or other forms of virtual money would become obsolete or nonexistent; the world ultimately will have a single currency; the internet will have a single currency. I personally believe that it will be bitcoin.” (https://bitcoinmagazine.com/articles/twitter-abruptly-bans-cryptocurrency-ads-beginning-today/)

These are the words being thrown by Twitter CEO and I was surprised to see that bitcoins value had dropped again. Those statements are telling us not to sell our bitcoin today but rather we must sell other altcoins and buy more bitcoins. If what he said is true then we the bitcoin holders will be really rich in the future.

I think that won't be possible because of the volatility of bitcoin it won't happen, I think in every country in the future we will all use bitcoin and also fiat money, all payments and transaction will use bitcoin for easy transaction, we all know the advantages like fast transaction, easy payments, easy smart contracts and disadvantages like volatility, if somebody snatch your gadget or phone you won't able to pay so you should always bring also your fiat. Bitcoin will be our future, bitcoin banks in every country will also rise equal to the fiat banks.

[ambisyon]

In my opinion, I don't think that bitcoin will be the only cryptocurrency to remain in the crypto world since there are other cryptocurrencies such as ETH and Ripple that were already been adopted in the business corporations. Other altcoins are really dependent with bitcoin regarding any adjustment in price either going up or down where price of the altcoins usually depend on bitcoin's activity since these coins are correlated with the other.