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Author Topic: The king (bitcoin) was replace once!  (Read 408 times)
kwarto (OP)
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July 01, 2018, 02:44:04 AM
 #1

Guy, once i come to cross one altcoin that has higher price than bitcoin last December! Russian Miner Coin (RMC). $48k in price 2x plus higher than btc last December. Does anyone of you know this coin? Maybe its a good time to buy and hold this coin. If history repeat well have a big chance to earn big.
Crown1
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July 01, 2018, 02:46:48 AM
 #2

I think it is difficult to repeat history, because of RMC the tokens, without any meaning, just a hype, so I want to present investment it is not a very good choice, but you will face a lot of risk.

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Yokonaumiyaki000
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July 01, 2018, 02:51:38 AM
 #3

I think it is difficult to repeat history, because of RMC the tokens, without any meaning, just a hype, so I want to present investment it is not a very good choice, but you will face a lot of risk.
I agree, i think it's only because of the hype. And higher value doesn't always mean higher profit. As far as the graph shows, the price of RMC Tokens are extremely volatile, knowing when and when it'll have a sudden increase would be difficult.
anggriani
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July 01, 2018, 02:53:23 AM
 #4

there are many coins that exceed the bitcoin price, but they can not last long and the rise is just a temporary pump. if you want to buy it then consider again, because there are many coins that are better than rmc.
askmecrypto
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July 01, 2018, 03:11:03 AM
 #5

I was not aware of RMC before this post, thanks to OP for sharing this.
I see on Dec 5, 1 RMC was equal to 2.388 BTC, thats insane.  Shocked
Mr.Spreadthehamster
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July 02, 2018, 10:16:03 PM
 #6

Guy, once i come to cross one altcoin that has higher price than bitcoin last December! Russian Miner Coin (RMC). $48k in price 2x plus higher than btc last December. Does anyone of you know this coin? Maybe its a good time to buy and hold this coin. If history repeat well have a big chance to earn big.

Man, this coin has market cap $7.3 million, it s nothing in terms of crypto.
As hey have very small supply, the price is so high.
Mostly possible that in December it was just pump, and nobody knows whether we will see it again or not, so I wouldn't buy this coin.

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ritiktakyan01
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July 02, 2018, 10:28:03 PM
 #7

Bitcoin has always been ahead of time, so there is no question of turning back. To reach the level of bitcoin at the moment, another coin will take a long time.
ttookk
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July 02, 2018, 10:32:56 PM
 #8

Well, I suggest you take a look at the price of Zcash in the first few days after launch then Wink

Especially on Poloniex, before it got listed on coinmarketcap.

https://poloniex.com/exchange#btc_zec



In other news: there might be other important metrics than just price per coin when it comes to evaluating the value of a cryptocurrency, but what do I know...
fudster
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July 02, 2018, 10:39:11 PM
 #9

History will always repeat itself.  OP hasn't heard of 42 coin yet? its still worth $27K even today https://coinmarketcap.com/currencies/42-coin/

Even if the price of other coins are worth more than BTC, its doesn't make them the king. Of course I don't expect you to know 42coin because its still ununderdog even with such price. The volume speaks it all, the popularity of BTC is just priceless.
MyIdeas
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July 02, 2018, 10:50:49 PM
 #10

Guy, once i come to cross one altcoin that has higher price than bitcoin last December! Russian Miner Coin (RMC). $48k in price 2x plus higher than btc last December. Does anyone of you know this coin? Maybe its a good time to buy and hold this coin. If history repeat well have a big chance to earn big.
Not many people know about that coin like me. The price higher do not mean that this coin is bigger but the position depends on the marketcap of the coin. Bitcoin has the bigger marketcap and it is on the top.
Heart18
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July 02, 2018, 10:53:05 PM
 #11

Guy, once i come to cross one altcoin that has higher price than bitcoin last December! Russian Miner Coin (RMC). $48k in price 2x plus higher than btc last December. Does anyone of you know this coin? Maybe its a good time to buy and hold this coin. If history repeat well have a big chance to earn big.

    The  bitcoin has already a roots in crypto market compared to other coins. There are a lot of good and potential altcoins but it is far from bitcoins value and demand. Maybe RMC has just a temporary pump but it will not last long.
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July 02, 2018, 10:55:57 PM
 #12

In 2018, Bitcoin will still be the crypto that has the highest exchange rate in the market, and no crypto can pass. At present, the exchange rate of the market is showing signs of recovery and investment in the current BTC is encouraged. Please invest in BTC then hold for at least 6 months.

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July 02, 2018, 11:00:48 PM
 #13

LOL. You really think that RMC has chance to be able to replace BTC? Just take a look at trading volume of RMC on coinmarketcap and you'll know the problem and the reason why this cryptocurrency never can replace BTC in the future although its price can be $100k Smiley). Trading volume of RMC is just about $15k. LOL. Beside RMC Marketcap is much lower than BTC so is there any chance for this shitcoin?


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amanarora_1
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July 02, 2018, 11:06:32 PM
 #14

I know sometimes history repeats, but in case of Bitcoin- i don't think it happend. Bitcoin is the king of crypto which you already mentioned in question, so king is always a king. Many coins came and gave competiton to bitcoin, but after few months they goes down (still bitcoin stays at same position). These coins price's are just temporary and crypto need permanent price like Bitcoin.
labake
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July 02, 2018, 11:09:34 PM
 #15

LOL. You really think that RMC has chance to be able to replace BTC? Just take a look at trading volume of RMC on coinmarketcap and you'll know the problem and the reason why this cryptocurrency never can replace BTC in the future although its price can be $100k Smiley). Trading volume of RMC is just about $15k. LOL. Beside RMC Marketcap is much lower than BTC so is there any chance for this shitcoin?
Smile, I concur with you and understand the simple analysis you just gave in a nutshell. The coinmarketcap is the best answer to this question.
X-ray
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July 02, 2018, 11:14:27 PM
 #16

Guy, once i come to cross one altcoin that has higher price than bitcoin last December! Russian Miner Coin (RMC). $48k in price 2x plus higher than btc last December. Does anyone of you know this coin? Maybe its a good time to buy and hold this coin. If history repeat well have a big chance to earn big.
It's another shitty coin
https://coinmarketcap.com/currencies/russian-mining-coin/
only 10k coin for total supply and ther's around 2k coin on circulating supply. The recent price was no more than 5k and i guess what a horrible thing i have ever seen. It's not a good coin to buy.
you can try to choose another coin to be your portfolio.

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tweetbit
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July 02, 2018, 11:18:51 PM
 #17

The king can’t be replaced even after 50 years from now. Bitcoin is the center of blockchain technology and cryptocurrency, nothing else. The price of those coin only reflects on its supply and not on demand side. That’s why it will never be as popular as any other coin. I can’t see myself investing with those kind of coin today or even in the future.

HODL
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July 02, 2018, 11:21:54 PM
 #18

It was merely a temporary pump only. technology owned by the RMC will not be able to make it survive for a long time. What is owned by bitcoin more could make it can survive despite many cryptos that exceed its price. In addition with a larger demand also then bitcoin will still be better than the other crypto.

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July 02, 2018, 11:24:48 PM
 #19

The higher price doesn't mean that it had overcome BTC, you also need to check the transactions volume, and the support from the investors, I know there are several coins that was more expensive than BTC, but that didn't last long, and the price drop drastically, so for me Bitcoin still number one and irreplaceable by other coin until now


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July 02, 2018, 11:36:13 PM
 #20

Guy, once i come to cross one altcoin that has higher price than bitcoin last December! Russian Miner Coin (RMC). $48k in price 2x plus higher than btc last December. Does anyone of you know this coin? Maybe its a good time to buy and hold this coin. If history repeat well have a big chance to earn big.
You don't know what are you saying. This coin has a high price than Bitcoin because because it only has 1500 coin or supply, so there is a chance that it will gain more value even with low trading volume. But the thing here is it only has small volume for this coin, and I think the reason why last year it reached $23000 is some whales pumped this coin, and just to correct you, it never reached $48k, take a look at chart history on coinmarketcap. I don't see any reason to invest on this coin and I think it is a big risk to invest on it that only has low volume, remember that whales can manipulate the price of this kind of cryptocurrencies. While only few exchanges have list of RMC. It's a big no for me.
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