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Author Topic: Will Altcoin be as important as Bitcoin?  (Read 3779 times)
mitsarasss
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October 12, 2018, 08:04:25 PM
 #261

Even now, I do not see the point in such a huge amount of altcoins, there are more than 2000 projects on the market and each has its own coin. Technologically, no more than 30% of all projects need their own coins, everything else is just useless trash.
Bitcoin mining is now a specialized and very risky industry, just like gold mining. Amateur miners are unlikely to make much money, and may even lose money. Bitcoin is much more than just mining, though!
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October 12, 2018, 08:05:01 PM
 #262

of course they are important, they try to bring new technology to be better everyday, and sure it is renews bitcoin too, all these coins are a part of this ecosystem, can you imagine the nature just with one kind of a tree.

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October 12, 2018, 08:05:29 PM
 #263

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?
why jnot in my opinion there are many good altcpins and bitcoin dan not rule forever though i must say jt is a very strobg cryptocurrency

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October 12, 2018, 08:06:07 PM
 #264

of course they are important, they try to bring new technology to be better everyday, and sure it is renews bitcoin too, all these coins are a part of this ecosystem, can you imagine the nature just with one kind of a tree.
i do not thonk that ot really matters now bitcoin i ,ean as we habve somthing else to be worried abput like ethereum right now

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October 12, 2018, 08:06:56 PM
 #265

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?
in ,y opinion tne questin itself is wrong and there can be fifferent situations and different outcomes so jt is hard to say

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October 12, 2018, 08:07:33 PM
 #266

of course they are important, they try to bring new technology to be better everyday, and sure it is renews bitcoin too, all these coins are a part of this ecosystem, can you imagine the nature just with one kind of a tree.
i do not thonk that ot really matters now bitcoin i ,ean as we habve somthing else to be worried abput like ethereum right now
it does jot matter how strong bitcoin or an altcoin is it matters if they are loved and trusted by public or not that is all

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October 12, 2018, 08:08:48 PM
 #267

I think that no alternative coin can ever become as important and popular as Bitcoin, because it has already taken the place of the leader and other coins will not be able to catch up with it.

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October 12, 2018, 11:35:16 PM
Last edit: October 13, 2018, 12:55:47 AM by cryptowolfsu
 #268

Bitcoin will remain the main coin for long as it is the most trusted and secure coin and it is
leading  the market and altcoins are following it. If there would be strong competition their prices
would go to the opposite direction not in the same as we have situation now.

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October 12, 2018, 11:45:29 PM
 #269

At the present time, the importance of altcoins is not the same as Bitcoin because Bitcoin is very old crypto, so its impact on the market rate is enormous. But the possibility of a very high altcoins future will dominate the entire market because of the growing technology, and Bitcoin will be outdated if not improved often.


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Sean_oneill91
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October 13, 2018, 12:05:19 AM
 #270

Alt coins will be for sure. It’s inevitable. Just may take a little more time.
The general public is becoming more and more accepting of the crypto world.
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October 13, 2018, 12:14:10 AM
 #271

Bitcoin is the king of cryptos so it will keep its special status as the most loved crypto coin. Different altcoins have various purposes and use cases and some like Ethereum are very important.
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October 13, 2018, 12:23:21 AM
 #272

in this context, all bitcoin fans will not move. as well as in natural and business ecosystems, if there is already one party located in one place, then he will not leave. As with bitcoin, fans will not leave. even though altcoin is already developing quite well, etherum is a bounty platform, and also stellar and waves. ripple that has a lot of support, cardano has the potential to rise high.

actually when viewed in terms of potential price increases (not current prices), altcoin is good.
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October 13, 2018, 04:26:21 AM
 #273

Yes, I think the existence of altcoins has a very positive impact on someone who wants to find an income when investing so they are not too focused on continuing to rely on bitcoin as a place to find income every time.

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October 13, 2018, 05:42:11 AM
 #274

Yes , some altcoin will be as important as bitcoin. Especially those that are able to solve real world problem and support the existince of bitcoin. I believe those probably in the top 100 has a greater chance to be as important as bitcoin.

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October 13, 2018, 06:01:59 AM
 #275

I can't imagine a Cryptocurrency market where there is no altcoins and just Bitcoin. That's not possible imo. In that case it can't even be called Cryptocurrency market. I think Altcoins are here to stay. Most of them are trash btw. They are not useful and are for pure cash grab and pump&dump.

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October 13, 2018, 06:20:35 AM
 #276

Altcoins will be always be under bitcoin,altcoins can reach it bitcoin it can't beat bitcoin.. because bitcoin as  more value then the altcoins this is fact. Altcoin is not competition, alt are something like bitcoin child.  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
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October 13, 2018, 06:55:36 AM
 #277

Yes, altcoin is as important as bitcoin but altcoins must come out strong and better to remain in the market or else they will remain existing but no use at all. That’s really the situation that i see. You bow see altcoins being important in the market already that’s way many altcoins wiuld want to comeout big and strong to be embraced by many and better that the others.

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October 13, 2018, 07:43:03 AM
 #278

Of course! (maybe) It will take more years before people could recognize it as important as king Bitcoin.
I guess today is the best time to hunt for a good altcoin, who knows it will surpass Bitcoin?  Grin

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October 13, 2018, 08:14:20 AM
 #279

I can't imagine a Cryptocurrency market where there is no altcoins and just Bitcoin. That's not possible imo. In that case it can't even be called Cryptocurrency market. I think Altcoins are here to stay. Most of them are trash btw. They are not useful and are for pure cash grab and pump&dump.
Agree with it, when there's no altcoins, market name will be "Bitcoin Market" instead of Cryptocurrency market because It's only bitcoin in there. Cryptocurrency mean so much crypto exist in digital world, not just one.
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October 13, 2018, 10:44:14 AM
 #280

Well, let's say that altcoins are very similar to stocks and bitcoin for gold. They are have such different functions and it is impossible to say when gold will be better than stocks and vice versa.
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