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Author Topic: Why altcoin is better than bitcoin?  (Read 2561 times)
MovieChain (OP)
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April 03, 2018, 01:59:03 AM
 #1

Although Bitcoin has taken up 40% the coin market. But is it more worthy to invest in bitcoin? Since bitcoin can never replace the paper currency for the moment due to many complicated reasons, and most bitcoins are already acquired by a small sum of people. So if a kind of currency can't be circulated, what's the meaning of that coin. When it comes to ICO, and the release of altcoin, it means that you are investing in a company, you are holding equity in the company. If you think this company will have a bright future, it's always worthy to put your money in.
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Agaton
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April 03, 2018, 02:34:47 AM
 #2

There are some people says altcoin is better than bitcoin, because cryptocurrency has different in terms of customers attractions, and there are some people who attracted on investing altcoin, but it is not suppose to be that altcoin is better than bitcoin totally, because bitcoin is the king of all cryptocurrency. In terms of value, bitcoin is always better than other coins.
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April 03, 2018, 02:41:35 AM
 #3

Agaton is right that bitcoin beats them in value since most do not really do anything different at the moment. But once the ones that are going to do something and the junk is cleared out, it could be a different story. Specific usually beats general.
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April 03, 2018, 02:43:28 AM
 #4

Most of altcoin is just a hype, it has not been recognized by any country.
The value of BTC has been recognized by various countries. Grin

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April 03, 2018, 02:44:41 AM
 #5

yes i do think its better to invest on altcoin rather than bitcoin. The main reason is cause there is altcoin that have better project than bitcoin and they have a real project that develop over time. So i think its worth to invest on altcoin cause if cryptocurrency have future and keep survive in future i think the one will dominate the market will be altcoin.

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April 03, 2018, 02:45:34 AM
 #6

i personally believe that bitcoin is in a higher value now so if we get bitcoin we have spend more to get profits. but altcoins specially undervalued coins gives a better return of investment.


we all need universal power and cyclist of Everything
-2023 would most likely be as bearish as 2022-
=BTC will make it, but might be a long winter=

Stronger the storm, brighter the rainbow
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April 03, 2018, 02:51:59 AM
 #7

i personally believe that bitcoin is in a higher value now so if we get bitcoin we have spend more to get profits. but altcoins specially undervalued coins gives a better return of investment.


Alternative coins or what we called altcoins and bitcoin are different coins. Bitcoin is the main coin so they depend the price of altcoin based on the price of the bitcoin.bitcoin can give you a big profit if you hold it and sell it properly whole the altcoins are giving you an good investment because the price is enough only and not high as much at the bitcoin
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April 03, 2018, 02:55:07 AM
 #8

Although Bitcoin has taken up 40% the coin market. But is it more worthy to invest in bitcoin? Since bitcoin can never replace the paper currency for the moment due to many complicated reasons, and most bitcoins are already acquired by a small sum of people. So if a kind of currency can't be circulated, what's the meaning of that coin. When it comes to ICO, and the release of altcoin, it means that you are investing in a company, you are holding equity in the company. If you think this company will have a bright future, it's always worthy to put your money in.
I think this is good for us to consider. We can make more money when we have more invesstment

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April 03, 2018, 02:59:21 AM
 #9

Although Bitcoin has taken up 40% the coin market. But is it more worthy to invest in bitcoin? Since bitcoin can never replace the paper currency for the moment due to many complicated reasons, and most bitcoins are already acquired by a small sum of people. So if a kind of currency can't be circulated, what's the meaning of that coin. When it comes to ICO, and the release of altcoin, it means that you are investing in a company, you are holding equity in the company. If you think this company will have a bright future, it's always worthy to put your money in.

Altcoin is better than Bitcoin because it is cheaper to purchase for an investments than Bitcoin but still Bitcoin is the most promising among crypto currencies investments because it doesn't need commodities to promote just to become stable but its just already build a deep foundation of trust among the people. Bitcoin cannot be a legal tender because not all people know how Bitcoin will work therefore it should be use as investment only to earn more fiat for our future spending.
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April 03, 2018, 03:00:08 AM
 #10

Although Bitcoin has taken up 40% the coin market. But is it more worthy to invest in bitcoin? Since bitcoin can never replace the paper currency for the moment due to many complicated reasons, and most bitcoins are already acquired by a small sum of people. So if a kind of currency can't be circulated, what's the meaning of that coin. When it comes to ICO, and the release of altcoin, it means that you are investing in a company, you are holding equity in the company. If you think this company will have a bright future, it's always worthy to put your money in.


Bitcoin is cryptocurrency not currency, government will take full control about currency because that is the main financial instrument and cryptocurrency is similar ( some people say " same " ) with commodities product ( gold, silver, etc ), just like fashion. Crypto is only alternative and because we can make profit in easy ways, fast and cheap transactions, we can't say it can replacement currency. Even currency has future with their ICP project, don't think too far because currency is main goal.  

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April 03, 2018, 03:01:44 AM
 #11

Although Bitcoin has taken up 40% the coin market. But is it more worthy to invest in bitcoin? Since bitcoin can never replace the paper currency for the moment due to many complicated reasons, and most bitcoins are already acquired by a small sum of people. So if a kind of currency can't be circulated, what's the meaning of that coin. When it comes to ICO, and the release of altcoin, it means that you are investing in a company, you are holding equity in the company. If you think this company will have a bright future, it's always worthy to put your money in.

So what are you proposing then? And what the heck did you get your source that only a small sum of people owns most of BTC?

Actually, there should be no comparison in BTC with altcoins because the two has different purpose and use. I think people should stop comparing BTC and alts because they are not in the same level.
Arkh
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April 03, 2018, 03:02:41 AM
Last edit: April 03, 2018, 03:12:55 AM by Arkh
 #12

Although Bitcoin has taken up 40% the coin market. But is it more worthy to invest in bitcoin? Since bitcoin can never replace the paper currency for the moment due to many complicated reasons, and most bitcoins are already acquired by a small sum of people. So if a kind of currency can't be circulated, what's the meaning of that coin. When it comes to ICO, and the release of altcoin, it means that you are investing in a company, you are holding equity in the company. If you think this company will have a bright future, it's always worthy to put your money in.

Unfortunately it's not as easy as this. Bitcoin has the first mover advantage, a well known reputation, a solid and reliable team and product. It's also widely accepted as the currency of reference in crypto.
Now bitcoin has disadvantages, as you mention the coin re partition is not perfect, it's tx/s is not scalable in its current state  and it lacks many features that other altcoins bring to the market.

A good portfolio is the perfect balance between serious altcoin projects and established currencies such as bitcoin, that no matter what will always hold value.
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April 03, 2018, 03:08:18 AM
 #13

In terms of "profit to your investment" its really better to invest on altcoins, but in terms of "assurance to your investment" you can rely on bitcoin especially if you dont know how's the cycle of crypto world and you have no time to take a look to your investment because altcoins can die but because bitcoin already established the name "Bitcoin" it cannot die easily.
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April 03, 2018, 03:10:48 AM
 #14

i personally believe that bitcoin is in a higher value now so if we get bitcoin we have spend more to get profits. but altcoins specially undervalued coins gives a better return of investment.


so true. if we are able to control Bitcoin we can get huge profits. while for Altcoin itself varies, so we have to choose among the existing Altcoin.

 
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April 03, 2018, 03:14:46 AM
 #15

Although Bitcoin has taken up 40% the coin market. But is it more worthy to invest in bitcoin? Since bitcoin can never replace the paper currency for the moment due to many complicated reasons, and most bitcoins are already acquired by a small sum of people. So if a kind of currency can't be circulated, what's the meaning of that coin. When it comes to ICO, and the release of altcoin, it means that you are investing in a company, you are holding equity in the company. If you think this company will have a bright future, it's always worthy to put your money in.

I think bitcoin is much better than altcoin. There are a lot of ICO's who fail and there is no way for you to get your money back once you invest on them. I have joined a lot of bounties for ICO's and only a few of the succeed. To be honest, I am thinking that the investors felt like they were scammed and their investment won't go anywhere. To be safe that sorry, I think bitcoin is better and a more secured investment.

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April 03, 2018, 03:19:57 AM
 #16

i personally believe that bitcoin is in a higher value now so if we get bitcoin we have spend more to get profits. but altcoins specially undervalued coins gives a better return of investment.


so true. if we are able to control Bitcoin we can get huge profits. while for Altcoin itself varies, so we have to choose among the existing Altcoin.

In my views, bitcoin should not be compared with altcoins since bitcoin has been in the crypto market first and it's been several years being established while alts where just starting to build up it's currency. Bitcoin price is not comparable for now with atcoins and basically altcoins were dependent on the bitcoin market. Once bitcoin make a rise, altcoins follows and if bitcoin is on dip, altcoins tend to dip also.
I think bitcoin is still better from alts for now since this is the baseline for any increase adjustment.

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April 03, 2018, 03:29:13 AM
 #17

Investing in bitcoin is safe, but altcoins gives huge profit.
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April 03, 2018, 03:30:27 AM
 #18

In terms of "profit to your investment" its really better to invest on altcoins, but in terms of "assurance to your investment" you can rely on bitcoin especially if you dont know how's the cycle of crypto world and you have no time to take a look to your investment because altcoins can die but because bitcoin already established the name "Bitcoin" it cannot die easily.
Yes, that is why many people who choose alternative coins to be traded than bitcoin, the alternative coins is best choice for short term investment in trading include investing into the ICOs program and the bitcoin is the best of cryptocurrency for long term investment, it the most safe cryptocurrencies in the world than another coin.
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April 03, 2018, 03:31:08 AM
 #19

Investing in bitcoin is safe, but altcoins gives huge profit.

possible get a lot of profit in altcoins for the shorterm but very risky to save altcoins for the longterm
Bitcoin is great investment for the longterm than altcoins.
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April 03, 2018, 03:36:54 AM
 #20

Of course they are better than bitcoin in many aspects. Still bitcoin is a brand, a name of trust.
It is one of the most distributed, widely accepted and used crypto with the largest community among crypto.
Diversification of crypto asset are still making bitcoin popular.


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