Will Altcoin be as important as Bitcoin?

[thanhqn]

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?

[Yudhisthir]

Altcoins would be as important but it would take time.
Cryptocurrencies is still a new thing to the world and their applications sectors and indefinite at the moment only halted by the speed of adaption as by nature the world resists any sudden change. Bitcoin is the mother of all but she can't always lead the new emerging technologies.

[Didin]

of course yes, for example ethereum, waves and eos
as we can see ethereum now is very important in crypto world
but, a lot of altcoins will be die too,,

[YuginKadoya]

I really think Altcoins already have an important in the community, Because of the introduction of Altcoins there are now trading between bitcoin and other coins, And because of the introduction of Altcoins there are introductions of ICO and tokens that are now very hype with investors, speculators, traders, And bounty hunters most of the time, Well there are some Altcoins that are really shining the brightest and may become a real competitor for bitcoin in the future.

[Lindazz]

I don't think it's possible at the moment, because the United States and many other countries only recognize bitcoin.
Other tokens have not been recognized. On the contrary, most altcoin is just hype.

[kjnfmplm]

Bitcoin and Altcoins are important in the same way because they are somehow interconnected with each other. For example, the price of Altcoins is dictated by the price of Bitcoin. We can say that it Bitcoin is important to Altcoin. And for the Altcoins, it is important because it has the possibility to earn a x10 or bigger profits, to buy those Altcoins, we need Bitcoins.

[JungleBadman]

I honestly think some may be just as important, if not more important depending on adoption. 95% or more of the current coins will be gone in 2-5 years but the ones that actually succeed will be valued.

[Applechild]

Sounds like asking if a child will be as important as the parent. The truth is that it may tarry but if the team has good plan and ways of working it out, I see some altcoin taking over the center stage. After all, Bitcoin was brought together by a team and a better idea may just pop up in someone’s head and before you it what is happening something better than Bitcoin will emerge and we will all go like wow!

[CircularLoGic]

Basically there are 2 types of digital assets - tokens (as company stocks) and coins (as BTC, LTC , BCH and etc.). So, coins are more in demand and I think there is going to be an altcoin that will overtake Bitcoin in market cap, maybe it will be Ethereum...

[Domanity]

Not all Altcoin is important, and certainly not all altcoin good and potential to have. but is this altcoin as important as Bitcoin ?! the answer is yes, Altcoin is very important, because the presence of altcoin is also greatly affect the price of Bitcoin.

[bobillard]

Because BTC has a long history and has been trading for a long time, altcoin is not.

[bartolo]

First of all, you talk about altcoins as if they were one single thing and that's not the case. There are more than a thousand altcoins, counting tokens. Among these, some are and will be important but don't delude yourself thinking that any of these altcoins will have the importance of bitcoin because it will not be like that. If someone thinks that there is some altcoin that can be something like the new bitcoin, he is wrong.

[bhantom]

Altcoins will be always under bitcoin, this is fact.

Altcoin is not competition, alt are something like bitcoin child. Bitcoin is a god which created these all smaller coins so he can not be beat.

Look on market now, bitcoin falling so all altcoins doing this same. Bitcoin is controling every altcoin and it will be for a long time anyway

[Razick]

In my opinion, altcoins are already as important as bitcoin, they make up a bigger part of the market right now and people are more inclined to invest in altcoins because they stand to get more ROI from investing in altcoins now than they would if they invested in just bitcoin alone. Without altcoins then trading in the market would not be possible.

[EthanKai]

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?

Even though the price of altcoins is not as high than bitcoin, I think some of them have proven their importance in the crypto industry. Look at ethereum, the most supported altcoin in terms of ICO projects. Some projects even only accepts buying token through eth only.

[onetwostep]

Some altcoins are really important. There are many subculture altcoins such as quick money dispatch, improvement of health services, easy betting. But none can be as important and valuable as bitcoin

[Colin Memfis]

without a doubt, that some very popular ico will be able to push its BTC currency, only too many simultaneous events are required.

[Orsen]

So Bitcoin is a coin number 1 but you need to take into account the fact that the albumcoins can be much more and faster to earn if you analyze the market well and catch a certain moment!

[zinson01]

The market of crypto currency started with one coin called bitcoin but now there are more than 1500 coins that are operating in this market. Among these coins, bitcoin is the best of all. It is the market leader and I believe that no one will be able to beat bitcoin. Bitcoin is the base of this market

[cryptodalton]

Altcoins are playing important roles in the crypto currency world. In many places bitcoin is not accepted whereas altcoins are popular there. Many people are shifting towards altcoins like Ethereum, NEO, Ripple etc. and making good amount of money. Ethereum leads next to bitcoin which is having great impact on the demand of crypto currency.