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Author Topic: Are altcoins better than bicoins right now?  (Read 4657 times)
jack1111
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November 23, 2018, 11:22:55 AM
 #381

With the price of bitcoin continuously going down, do you think that altcoins could be better right now than bitcoins? I trust that bitcoin prices will still rise perhaps next year, but with the price still going down, maybe altcoins have a better chance. What do you guys think?
Many altcoins made good gains in October and early November, but they lost all their profits due to the Bitcoin dump under $6000. Altcoins are good for short term holding, because we are in a bear market and they can not sustain their profits.
Every time a block is mined, a certain amount of BTC (called the subsidy) is created out of thin air and given to the miner. The subsidy halves every four years and will reach 0 in about 130 years.
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bolshojkush
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November 23, 2018, 11:27:06 AM
 #382

As we can see in the cryptocurrency market , the bitcoin is still leading on all the  coins ,it is on top rank among all altcoins , so we can say that bitcoin is still better than any other altcoins in coin market cap, so as know alcoin cannot surpass bitcoin , because it is still the best coin circulating in the cryptoworld.



But! If you buy bitcoin or altcoin for the same amount, then in the future you can earn more on altcoins.


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CTO@MyBitMine
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November 23, 2018, 11:28:04 AM
 #383

You are wrong mate, altcoins prices totally depends from bitcoin's price, if btc won't stop falling a lot of alts will dissapear. It's too risky right now to have altcoins.
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November 23, 2018, 11:37:49 AM
 #384

nothing better in the current market situation. it's the same bearish market same crashing. but if you wanna pick some altcoins to ride a bullrun i still prefer bitcoin or ethereum
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November 23, 2018, 11:44:56 AM
 #385

I think if bitcoin price will be down all of the price of altcoins will down also, it all affect on the market if the bitcoin price is low. Thats why there no chance that altcoin will be better in bitcoin.
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November 23, 2018, 11:51:45 AM
 #386

Altcoins growth is not possible without Bitcoin growth! The main money that comes to the cryptocurrency market comes through the purchase of Bitcoin, and only after that people buy altcoins! Therefore, we are waiting for the growth in Bitcoin prices!

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November 23, 2018, 11:59:34 AM
 #387

Better on what? in terms of value and popularity, bitcoin is still the best. There are altcoins that have better technology than bitcoin. Ethereum has smart contract while bitcoin don't. Nano has faster transaction and feeless. But altcoin price depends on bitcoin price. When bitcoin dump, the price of altcoins will be affected too.
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November 23, 2018, 12:07:16 PM
 #388

Price dump, It's our wrong thought. When market dump every coin price is dumped Bitcoin or altcoins. From altcoins you could get most good profits, check last year pump % of Bitcoin and altcoins.
in 2019 I bet on bitcoin against altcoins, the old rules don't always work. it is better to look at the essence of many altcoins is just garbage.

                           
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Dumucoda
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November 23, 2018, 12:11:51 PM
 #389

Better on what? in terms of value and popularity, bitcoin is still the best. There are altcoins that have better technology than bitcoin. Ethereum has smart contract while bitcoin don't. Nano has faster transaction and feeless. But altcoin price depends on bitcoin price. When bitcoin dump, the price of altcoins will be affected too.

there are several Altcoin whose capabilities are not owned by Bitcoin, because it will cover the lack of Bitcoin and complement each other if you hold Bitcoin and some Altcoin. Bitcoin is the king of coins, of course Bitcoin is better than Altcoin, yes even though Altcoin can also benefit you, and the price of Bitcoin is superior to that, the movement of Bitcoin affects Altcoin.
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November 23, 2018, 12:16:19 PM
 #390

You are wrong mate, altcoins prices totally depends from bitcoin's price, if btc won't stop falling a lot of alts will dissapear. It's too risky right now to have altcoins.

I agree with this. It is very impossible to see that the altcoins will rise when the bitcoin dumps. Because alternative coins varies on what the bitcoin can perform. Therefore we can conclude that it is still better to invest in bitcoin because still has the potential it needed.

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November 23, 2018, 12:20:44 PM
 #391

Even if yes, for how long will this be. Any time BTC drops most of the altcoins also drops so i don't really see it becoming better than Bitcoin just that trading altcoins now might be a profitable for the moment.
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November 23, 2018, 12:30:16 PM
 #392

Even if the market now is experiencing so much downfall of price value on all the crypto market coins , but still the bitcoin is still on the top of the market as the first high value coin among all altcoins , so the bitcoin as of now is still better coin than any altcoins in the market.

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November 23, 2018, 12:36:54 PM
 #393

altcoin is no better than bitcoin, at least not yet. altcoin prices are still very dependent on bitcoin,
in my opinion for now bitcoin is still much better than altcoin

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November 23, 2018, 12:40:25 PM
 #394

I think there is no chance for altcoin. As bitcoin prices decrease, altcoin prices will drop dramatically. Therefore, they depend on bitcoin a lot
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November 23, 2018, 12:40:28 PM
 #395

If any body buy bitcoin to earn the profit then that person earn profit from one side of single currency and if a person buy any another altcoin with the exchange of bitcoin then profit will be double from two side one from bitcoin and second from altcoin. It will be happen when both coin will move to up.

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November 23, 2018, 01:11:43 PM
 #396

Price dump, It's our wrong thought. When market dump every coin price is dumped Bitcoin or altcoins. From altcoins you could get most good profits, check last year pump % of Bitcoin and altcoins.
in 2019 I bet on bitcoin against altcoins, the old rules don't always work. it is better to look at the essence of many altcoins is just garbage.
Bitcoin remains one of the best in Cryptocurrency. with the development of owned Bitcoin experience increased will increasingly bring it into valuable coins and coins become so profitable. so the Bitcoin is still the coin of the trust and become the best coins.

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November 23, 2018, 01:25:53 PM
 #397

I think at this time best investment to invest in is bitcoin rather than any altcoin. As cryptocurrency market is high volatile there are many chances of up and downs.

Is there any altcoin which is highly increasing?

I think bitcoin is main pillar of cryptocurrency market, if bitcoin falls there are chances to fall altcoin too.

But it's safe to invest in bitcoin rather than altcoins.
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November 23, 2018, 01:27:50 PM
 #398

Maybe with the current situation I don't think there is anything better between bitcoin and altcoin. Because we are aware, all altcoins and bitcoins have decreased dramatically. But there are a number of altcoins that have risen and there are also altcoins that are still stable. Maybe the reason is that altcoin is better than bitcoin and altcoin and bitcoin can be the same.
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November 23, 2018, 01:34:48 PM
 #399

With the price of bitcoin continuously going down, do you think that altcoins could be better right now than bitcoins? I trust that bitcoin prices will still rise perhaps next year, but with the price still going down, maybe altcoins have a better chance. What do you guys think?

All alternative currencies are highly dependent on the value of Bitcoin. They can start their growth only if the price of Bitcoin will increase. In a growing market, they will rise faster, and in a bear market they will fall faster ...
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November 23, 2018, 01:38:38 PM
 #400

Maybe with the current situation I don't think there is anything better between bitcoin and altcoin. Because we are aware, all altcoins and bitcoins have decreased dramatically. But there are a number of altcoins that have risen and there are also altcoins that are still stable. Maybe the reason is that altcoin is better than bitcoin and altcoin and bitcoin can be the same.

Coins like EOS can give better returns. Other than having a more customer-friendly approach, EOS has other strong points too. For example, it is faster and much more scalable than Ethereum. It doesn’t use gas fees as transactions like some altcoins and it comes with a huge community that is always eager to help you out. They will happily assist you whenever you have some doubts or suspicions regarding EOS and the way it works.

So, if you’re looking for an ideal altcoin to invest in the current crypto market, EOS is a very good contender.
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