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Skyshark (OP)
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May 20, 2018, 01:02:15 PM |
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In any ecosystem, be it in nature or business, there is always a competition. And most often than not, the best always rises to the top. And here in our crypto ecosystem, a competition do also exist. Between Bitcoin and Altcoin. We all very well known that bitcoin, being the first and most proven cryptocurrency already took the center stage in crypto market. Now that altcoins came into the picture, where does it really stands? What will be the selling point of altcoin that will eventually led the bitcoin enthusiasts to finally switch places?
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riskrocks007
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May 20, 2018, 01:22:17 PM |
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Bitcoin is the Kingmaker and blockchain came to shape with Bitcoin Project. Moving ahead there would be more innovations coming the way which will enable technology to drive the world in Finance, AI, technology. Decentralization would change the world and would have a positive impact on peoples lives.
Altcoins will also join the party and tread its own path in coming days.
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bellamente
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May 20, 2018, 01:28:33 PM |
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It is very important that the Altcoins be supported by real products. Many developers create coins without a certain idea.
You need to have real products to integrate with payments and smart protocols for fast and cheap transactions
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iamzill
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May 20, 2018, 01:32:55 PM |
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altcoin is very important besides bitcoin, I believe if altcoin could be a threat to bitcoin where altcoin now has various types and also varying prices. so altcoin will definitely be very important and the world of cryptocurrency.
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LancelotRay
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May 20, 2018, 01:34:24 PM |
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I think it depends on the altcoin but for the most part - yes.
ETH for example is just as important and might even become more important by overtaking BTC
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Endank
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May 20, 2018, 04:20:04 PM |
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Maybe altcoin will only compete with altcoin. Bitcoin exists at different levels, bitcoin is the luxury of cryptocurrency that will not be replaced by any coin.
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crypto warrior09
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May 20, 2018, 04:30:44 PM |
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For Cryptocurrency altcoin is as bitcoin. Its work with bitcoin. after all there are many types of altcoin and different price but its important for the cryptocourrency wrold.
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siap86
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May 20, 2018, 04:34:06 PM |
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Bitcoin is an icon, not just a technological comparison, but rather a fanatical belief in a brand. I'm not sure there's any crypto that will beat bitcoin, at least in the same ecosystem.
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cmacwiz
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May 20, 2018, 04:40:10 PM |
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In any ecosystem, be it in nature or business, there is always a competition. And most often than not, the best always rises to the top. And here in our crypto ecosystem, a competition do also exist. Between Bitcoin and Altcoin. We all very well known that bitcoin, being the first and most proven cryptocurrency already took the center stage in crypto market. Now that altcoins came into the picture, where does it really stands? What will be the selling point of altcoin that will eventually led the bitcoin enthusiasts to finally switch places?
Bitcoin is the first crypto and is regarded as the master of all crypto by many. It is without any doubt, the most popular crypto and is also the crypto with widest acceptance. But nothing in this world is perfect including Bitcoin. It has various flaws like more time for transaction confirmation and high fees for transactions. Various altcoins help Bitcoin in overcoming these flaws and help in making the crypto ecosystem more mainstream. Altcoins play a very important role in making crypto more popular. |
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cilgindansci
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umachit.fund
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May 20, 2018, 04:41:10 PM |
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Bitcoin can't have summit forever. They have very powerful altcoins and they will compete against Bitcoin one day. At the moment Bitcoin's market volume is getting smaller.
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bundo
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May 20, 2018, 04:48:03 PM |
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Most people use Altcoin as the fastest way to collect bitcoins, because the value or price we often see more promising bitcoin, began the emergence of a lot of Altcoin make some coin is just a boom moment and then drown.
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Leah38
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May 20, 2018, 04:48:58 PM |
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Good day. Yes altcoins are important too. They have their own uses. We must not disregard alts. From ICO we were informed on an alts function. That's the reason why some alts are there to stay. Functionality, its tradable and its continuous developments.
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ManaMan
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May 20, 2018, 04:49:14 PM |
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It is very important that the Altcoins be supported by real products. Many developers create coins without a certain idea.
You need to have real products to integrate with payments and smart protocols for fast and cheap transactions
It depends what you are looking to achive. Some altcoins are created around certain products but on the other side you have altcoins that are made to be better payment method and this list is huge starting from litecoin which is faster etc. altcoin is very important besides bitcoin, I believe if altcoin could be a threat to bitcoin where altcoin now has various types and also varying prices. so altcoin will definitely be very important and the world of cryptocurrency.
It doesn't matter from the price point. As many altcoins are only worth because of the fact that this market is so volatile and speculative and some shitcoins are used there to only do pumps and dumps. That being said some could overtake bitcoin in the long run but I don't see this happening at least anytime soon. |
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sourish
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May 20, 2018, 04:56:22 PM |
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Of course they are equally important. Its an innovative technology with every project serving a unique purpose and in no way lesser or more important than the other.
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Umkar
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May 20, 2018, 04:58:12 PM |
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I think that altkoins in general are even more important than bitcoin. Bitcoin - it's still just a universal crypto currency without any specific functions. Altkoins, almost everyone has exactly the specific functions. In general, they greatly improve the quality of our lives, making it comfortable and comfortable. In addition, some altcoins have even better overall functional properties than bitcoin.
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grumpylittlepoodle
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The revolutionary AI gaming ecosystem
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May 20, 2018, 05:00:48 PM |
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In any ecosystem, be it in nature or business, there is always a competition. And most often than not, the best always rises to the top. And here in our crypto ecosystem, a competition do also exist. Between Bitcoin and Altcoin. We all very well known that bitcoin, being the first and most proven cryptocurrency already took the center stage in crypto market. Now that altcoins came into the picture, where does it really stands? What will be the selling point of altcoin that will eventually led the bitcoin enthusiasts to finally switch places?
I think no. We all known that bitcoin now is still center of attraction of those who wants to invest, in sone cases that they don't have enough money to buy coins or they also want to hold many coins because they believe that the more the merrier so that altcoins is also one of the choices of investor. |
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CryptoAlphaStar
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May 20, 2018, 05:37:13 PM |
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Having competition is important for the development of any ecosystem. The topic is broad and can be viewed from many angles.
Firstly, we can't put all altcoins in one bucket, because most of them don't strive to compete with Bitcoin.
I can say altscoins striving to be currencies are important, because some of them are providing different functionalities than Bitcoin and features that Bitcoin doesn't have for now.
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zDNkfr9
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May 20, 2018, 05:43:00 PM |
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Except for Bitcoin accidents, other encryptions are equally important, and their existence is interrelated. If there is no other cryptocurrency, Bitcoin will not be so expensive.
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shtodelat
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May 20, 2018, 05:52:54 PM |
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Only coins that are backed by very worthwhile projects, such as Ethereum, are important.
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KourtneyK
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May 20, 2018, 05:56:49 PM |
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I don't think there are specifications in which people would eventually switch their bitcoin to alternate coins not unless bitcoins does not hold value anymore and people do not have any choice but to switch to altcoins instead of bitcoin. But it is entirely up to you if you feel like switching too,or if you feel like bitcoin is not worth anything to you anymore.
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