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Author Topic: Will Altcoin be as important as Bitcoin?  (Read 3854 times)
jaywizzy
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November 21, 2018, 11:03:01 AM
 #421

No, there are many reasons why altcoin is not like bitcoin and this reasons are:
1. Bitcoin has been in existence for long
2. Bitcoin is recognized throughout world
3. Bitcoin serves as medium of exchange in some country
4. Almost all the altcoin depends on bitcoin when it comes to rise or drop in price.

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TUDOX
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November 21, 2018, 11:05:22 AM
 #422

Altcoins beating Bitcoin? That possibility is not likely to happen although altcoins like ethereum xrp, cardano neo are really doing well. I believe that a few years from now, these coins will be a force to be reckoned with in their own right.
abel1337
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November 21, 2018, 11:29:53 AM
 #423

No, there are many reasons why altcoin is not like bitcoin and this reasons are:
1. Bitcoin has been in existence for long
2. Bitcoin is recognized throughout world
3. Bitcoin serves as medium of exchange in some country
4. Almost all the altcoin depends on bitcoin when it comes to rise or drop in price.
This is the most common reasons why it will not , but some altcoins are making it and try surviving like bitcoin do. Its not bad to trust a altcoin if you know that a certain altcoin has a potential to survive and have a great future.

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November 21, 2018, 08:30:54 PM
 #424

Altcoins are equally important as bitcoin because they are promising coins and have the potential of becoming great in the future. Its very important to invest in altcoins. They are worthy just like bitcoins.
rufusBTC
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November 22, 2018, 10:07:13 PM
 #425

People buying altcoins because altcoins have small marketcap than bitcoin so they have bigger chance to earn money with altcoins. Yes in everyplace we can see some competition and here there is a competition between altcoins and bitcoin . I am sure with time altcoins will be more stronger than now and they will be a strong competitor for bitcoin in the future. Now the cliffs between altcoins and bitcoin is big but i believe in the future it will be small .

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m0Ray
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November 23, 2018, 07:30:49 AM
 #426

They already are. Think about it, if you now receive information about the closure of Ethereum and Ripple, how will the market react? Do you think Bitcoin will not suffer?
Ociwiw
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November 23, 2018, 07:38:31 AM
 #427

Many altcoins are very promising coins and may well be as important as Bitcoin!
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November 23, 2018, 08:38:04 AM
 #428

Now there are a lot of useful altcoins with the help of which people spend money in ICO.
But many investors still prefer Bitcoin as it is the strongest and the first crypto in the world!
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November 23, 2018, 09:14:39 AM
 #429

Well bitcoin cant be there in its place if the altcoin is not there, its like depending on each other altcoins are depending in bitcoin and bitcoin are also depending in altcoins in some way it is a vice versa process
Hc01
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November 23, 2018, 09:21:02 AM
 #430

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 that the altcoins will never be as important as Bitcoin, blockchain and market started with bitcoin and although there are shortcomings of bitcoin like slow and expensive, it will continue to be leader of market.
rizqoAD
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November 23, 2018, 09:31:22 AM
 #431

It can be said altcoin is as important as bitcoin. Because both have interrelated functions in the circulation of cryptocurrency.
Bitcoin owners are now starting to divide their assets into altcoins that have potential.

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baronandr
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November 23, 2018, 09:35:00 AM
 #432

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 now consider altcoin as coins that can earn quite a lot and often even more than bitcoin. So you should look at these coins much more seriously. It seems to me that this is the right option
vigos
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November 23, 2018, 09:37:12 AM
 #433

In the future, the application of altcoin in business will definitely exceed Bitcoin, because the altcoin is easier to control, and the altcoin is easier to use!

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w33man
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November 23, 2018, 09:39:52 AM
 #434

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?

We cannot compare altcoin and bitcoin since each of them are unique in their own ways, and each were created to serve different purpose. Bitcoin will always be bitcoin and altcoins are altcoins.
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November 23, 2018, 05:34:11 PM
 #435

They already are, if you look at the market at this point there is no way that the coins are actually going to end up doing well without each other, the altcoins are now very important to the market as a whole and to the investors who are trying to make money from coins. As long as you are investing in the good coins then you have nothing to worry about

duuprathromil
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November 23, 2018, 05:39:16 PM
 #436

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November 23, 2018, 06:16:16 PM
 #437

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?
Altcoins already occupy a very good place compared to Bitcoin. If there were no Altcoins, that is, the rest of the cryptocurrencies, then Bitcoin would hardly have achieved the popularity that it has now.
However, it should be recognized that in terms of its functionality, Bitcoin is very far behind other cryptocurrencies, and this can play a fatal role for it in the future. If Bitcoin does not remain competitive, then it is natural that other Altcoins will bypass it and take its place as a leader.
paveel90
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November 26, 2018, 12:02:55 PM
 #438

I am sure that altcoin is very important. It seems to me that these are the coins that can well help in the implementation of real life. I'm sure we're not looking at them from the right angle right now.
JMD07
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November 26, 2018, 02:25:14 PM
 #439

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?
Competition is normal in all business we have and even in crypto we need altcoins for us to have options if we could not afford the price of bitcoin. Also this is a healthy to every currency to strive hard to develop and not to left behind by other currency. I believe that every coins has the opportunity to grow bigger if they will compete with the cryptomarket.
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November 30, 2018, 09:00:56 AM
 #440

The answer to your question is within your question. You have said that there is competition in the market and it will lead good performer to the top level. For example, the bitcoin is or was good thus rising its prices. If it fails to perform well and to win the heart of investors and crypto enthusiasts, it will lose its charm and weaken. So only good performers will survive ultimately, irrespective of bitcoin or altcoins.

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