Bitcoin Forum
May 27, 2024, 10:10:04 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 [2] 3 »  All
  Print  
Author Topic: Why consider Altcoins?  (Read 467 times)
Tappertit
Newbie
*
Offline Offline

Activity: 146
Merit: 0


View Profile
August 29, 2018, 06:09:04 PM
 #21

Truly, you are correct, now numerous individuals are getting appended to the altcoins due to the reality of high incentive in bitcoin. Altcoins are getting its prevalence among the novices in light of the focal points you have imparted to us. Bitcoin is for the individuals who are experienced and have enough information about this market.
BounderbyMAX
Newbie
*
Offline Offline

Activity: 56
Merit: 0


View Profile
August 29, 2018, 06:16:27 PM
 #22

I don’t think altcoin can ever beat bitcoin. Actually price of altcoin is dependent on botcoin. So for being dependent I don’t think it can be better. And bitcoin has supremacy over the whole market. So I don’t find ATC beneficial than BTC.
CLywaTeLb
Full Member
***
Offline Offline

Activity: 770
Merit: 101


send and receive money instantly, no hidden costs


View Profile
August 29, 2018, 06:27:42 PM
 #23

Of course, a large number of altcoins has already exceeded rationality. It would be nice if there were official forks with a constant improvement of BTC, but without preserving the old branch of the blockchain.
In addition to BTC, a few dozen altcoins would suffice.

a2zC
Newbie
*
Offline Offline

Activity: 44
Merit: 0


View Profile
August 29, 2018, 07:03:06 PM
 #24

Bitcoin is the leader of cryptocurrencies till now. But there are many promising alt coins. And they can do good in the future. I also believe that maybe some alt coins will cross bitcoin.
FunZedCrypto
Newbie
*
Offline Offline

Activity: 79
Merit: 0


View Profile
August 29, 2018, 07:14:18 PM
 #25

Bitcoin is an established coin and it has most popularity. Many people only know about bitcoin not other coins. So i think it is really hard to beat it. But still there is possibility as the crypto world is uncertain.
xIIImaL
Legendary
*
Offline Offline

Activity: 1372
Merit: 1005


View Profile
August 29, 2018, 07:22:12 PM
 #26

Of course, a large number of altcoins has already exceeded rationality. It would be nice if there were official forks with a constant improvement of BTC, but without preserving the old branch of the blockchain.
In addition to BTC, a few dozen altcoins would suffice.

We have big numbers in altcoins in the market but this one cryptocurrency bitcoin is holding more than 52 percentage of the marketplace dominance this is really the big thing that one coin holding over the 50% in the market so in this time how we can expect the other altcoins to beat the bitcoin.
That will never happen at all and if the one coin we choose that can give little competition in dominance side alone we can choose the ethereum for that.

May be we see many private blockchain and centralized cryptocurrencies further.
NeckettMarket
Newbie
*
Offline Offline

Activity: 77
Merit: 0


View Profile
August 29, 2018, 07:37:54 PM
 #27

There are very few alt coins which can outperform bitcoin from my opinion. Ethereum, EOS, NEO, etc are my major picks in this case. They have the capability to lead the market.
Slava Tikhonovich
Full Member
***
Offline Offline

Activity: 171
Merit: 100

Mainstream For The Underground


View Profile
August 29, 2018, 08:48:37 PM
 #28

Would bitcoin had developed that fast and grow that high, if there were not so many Altcoins on the market? I don’t think so. Bitcoin is definitely the best invention of the last decade and it's hard to argue now what could have happened if there had not been so many other coins around it. What‘s your opinion?

MFTU   Mainstream For The Underground   Whitepaper
RADIO   ANN Thread   Twitter   Telegram
graysato
Newbie
*
Offline Offline

Activity: 154
Merit: 0


View Profile
August 30, 2018, 12:54:36 AM
 #29

If you consider various aspects of any currency you will find both merits and demerits. Fortunately altcoins seems to have more merits than demerits comparing other currency available in the market.
Pedro18
Member
**
Offline Offline

Activity: 224
Merit: 11


View Profile
August 30, 2018, 12:58:21 AM
 #30

Because it will help the cryptocurrency to become famous in every country, different altcoins have their major project or major use, different use of cryptocurrency comes in Altcoins, thats why altcoins are also very important in the world of crypto.
kellyscott
Newbie
*
Offline Offline

Activity: 154
Merit: 0


View Profile
August 30, 2018, 01:12:18 AM
 #31

I think there is strong possibility that altcoins will replace Bitcoin in future. Because it looks more promising than any other competitive coins. As the market is not constant anything can happen.
garybyerz
Newbie
*
Offline Offline

Activity: 294
Merit: 0


View Profile
August 30, 2018, 01:18:24 AM
 #32

There is no doubt that bitcoin is the king of crypto till now but still many altcoin out there is making great progress in blockchain technology. That is why altcoin still comes to consideration of the users.
bling-bling
Full Member
***
Offline Offline

Activity: 364
Merit: 100



View Profile WWW
August 30, 2018, 01:18:30 AM
 #33

There's a fierce competition among cryptocurrencies but the main headline will always sport altcoins pitted against bitcoin.

When sense of popularity dictates that people invest in bitcoin, why do we really have to consider altcoins?  How far have altcoins really outsmart bitcoin in brains and brawn in the recent years? Let's take a quick look (and for the reason of not wanting to promote a specific altcoin as the best, allow me to mention only their capabilities and not the altcoin itself).

There is this altcoin out there that took the carbon footprint of bitcoin out by periodically releasing coins instead of mining them (which was a happy news to the eco conservatives).

Then there is also an altcoin that could create a block way faster than bitcoin. When bitcoin confirmation takes an hour on an average, this altcoin can confirm your transaction in minutes.  And to outweigh that speed, another altcoin promised instant transactions with payment confirmation in less than a second.

We also have altcoins that guarantees complete privacy hiding all substantial private data safely (best for those who want to keep their anonymity in place), and an altcoin even promised ring signatures, a unique technique to keep transactions untraceable.

And just as with bitcoin, there exist altcoins that allows global payment with no need for any central authority.

Altcoins, in one way or another, did outsmart bitcoin. Offering new or better features that may or may not be an integral part of bitcoin in the future.

But perhaps, we will only see an altcoin surpassing bitcoin should we find all of the abovementioned features rolled into one single altcoin. And such thought is really exciting in every aspect.
Bitcoin has reached a price or value wherein investors, especially small players, won't be able to gain returns at a desired time. Meaning, it will take longer to gain profit with Bitcoin due to its high price and huge market cap. Unlike with altcoins wherein prices are far cheaper and market cap is lower. This implies that there is a lot of room or space for growth. That is why it is more practical to consider altcoins.

Cactushrt
Sr. Member
****
Offline Offline

Activity: 952
Merit: 250



View Profile
August 30, 2018, 01:24:47 AM
 #34

I think if there is nl altcoin we can't see this price of bitcoin there is a big effect on the price and we can use mostly altcoins now in our daily transactions.

                 ▄▄█████▄
               ▄████▀▀▀▀█▌
             ▄████▀    ▀▄▀
    ▄ ▄▄▄▄▄▄▄▀▀█▀       █▌
 ▄█▀▄▀▀▀▀▀▀▀▀██▄▄     ▄█▀
██▌        ██▄▀▀█▀▀▄▄██▀
███▄▄▄     ███ ▄▄███▀▀
 ▀▀███████ ███▐██▀▀▄██
     ▀▀▀▀▀ ███     ███▌
           ▐██     ▐██▌
           ▐██▄    ▐██
            ▀██▄ ▄▄█▀
              ▀██▄▄
Catena



▀██     ▄██▀
██▄ ▄██▀
▀█████
██
▄█████
██▀ ▀██▄
▄██     ▀██▄
██
██
██
██
██
██
██
██
██
.
E x p e r i e n c e   t h e   F u t u r e   o f   D e F i



██
██
██
██
██
██
██
██
██
▄█████████████████████████▄
███████████████████████████
███████████████████████████
██████▀███████▀   ▀▀▀▄█████
█████▌  ▀▀███▌       ▄█████
█████▀               ██████
█████▄              ███████
██████▄            ████████
███████▄▄        ▄█████████
██████▄       ▄████████████
███████████████████████████
███████████████████████████
▀█████████████████████████
▄█████████████████████████▄
███████████████████████████
███████████████████████████
██████████████████▀▀███████
█████████████▀▀▀    ███████
████████▀▀▀   ▄▀   ████████
█████▄     ▄█▀     ████████
████████▄ █▀      █████████
█████████▌▐       █████████
██████████ ▄██▄  ██████████
████████████████▄██████████
███████████████████████████
▀█████████████████████████▀
▄█████████████████████████▄
███████████████████████████
███████████ ██ ████████████
███████▀▀▀▀ ▀▀ ▀▀██████████
████████▄   ▄▄▄▄  ▀████████
█████████   ████   ████████
█████████         ▀████████
█████████   ████    ███████
████████▀   ▀▀▀▀   ▄███████
███████▄▄▄▄ ▄▄ ▄▄▄█████████
███████████ ██ ████████████
███████████████████████████
▀█████████████████████████▀
▄█████████████████████████▄
███████████████████████████
██████▀▀███████████▀▀██████
██████    ▀     ▀    ██████
██████               ██████
█████▌               ▐█████
█████                 █████
█████▌               ▐█████
███████▄           ▄███████
████▄▀████▀     ▀██████████
█████▄ ▀▀▀       ██████████
███████▄▄▄       ██████████
▀█████████████████████████▀
availcrypto
Newbie
*
Offline Offline

Activity: 280
Merit: 0


View Profile
August 30, 2018, 01:28:25 AM
 #35

Many altcoins have made progress on different sectors over bitcoin. There exist many altcoins that have higher transaction rate. Because of the advancement made by ATC over BTC, they get to survive in the market.
garymorgen
Newbie
*
Offline Offline

Activity: 280
Merit: 0


View Profile
August 30, 2018, 01:32:26 AM
 #36

Cryptocurrency is the result of blockchain technology. Whatever it is bitcoin or altcoin, people generally accept who is making the better use of the technology. Altcoins have achieved some technological progress and they are accepted for that.
tomward
Newbie
*
Offline Offline

Activity: 182
Merit: 0


View Profile
August 30, 2018, 01:47:01 AM
 #37

we all knows it every well that after bitcoin altcoin is on the second position on the cryptocurrency market so there is no doubt that investors have faith on it and it definitely deserve it as well cause it provides the best possible service among the crypto users.
royaljack200
Newbie
*
Offline Offline

Activity: 58
Merit: 0


View Profile
August 30, 2018, 01:51:38 AM
 #38

I mean it's either bitcoin or altcoins. There are altcoins that are super cheap as of now and chances are high that the price is go up multiple times. It's just a good investment which is why I consider altcoins.
aldrin6697
Member
**
Offline Offline

Activity: 322
Merit: 11


View Profile
August 30, 2018, 02:13:31 AM
 #39

Altcoins can also have potential and they can obtain the greatest growth, it will help the community to grow and the value to increase.
jonloner011
Newbie
*
Offline Offline

Activity: 224
Merit: 0


View Profile
August 30, 2018, 04:47:50 PM
 #40

Bitcoin will always be in the first place as it was the pioneer of the blockchain technology but many Altcoins are making themselves firm in the market. It is true that a time may come when an Altcoin will outreach its Boss, Bitcoin.
Pages: « 1 [2] 3 »  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!