Can too many Altcoin's can become a threat to bitcoin's existence

[N4bil4]

The presence of altcoins will not affect bitcoin, most experts and giants in this field recognize more bitcoin than other coins,Bitcoin will always be the best because bitcoin is the reserve currency of the crypto space,I think altcoin is not a threat to the bitcoin ecosystem,bitcoin will stay on top because everyone feels more comfortable and trusts bitcoin.

[Flexibit]

yes ofcourse investors divert their capital to those alts that for them that alts can give them a good profit so it is a threat to the bitcoin price to have a value like last year.there are lots of ICO in the market that really have a good purpose that is why investors see that kind of investment too.

[Nanda Dewi277]

yes ofcourse investors divert their capital to those alts that for them that alts can give them a good profit so it is a threat to the bitcoin price to have a value like last year.there are lots of ICO in the market that really have a good purpose that is why investors see that kind of investment too.

the point is actually the same, coin that has technology that is increasingly sophisticated and has good stability will be number one and the longer it will be more and more people know and believe it. bitcoin is really very famous for now, maybe bitcoin will still be a stable and good coin.

[ClassyDancer]

In my opinion, the existence of so many cryptos actually creates a very dynamic market that can stir enough interest from people who can learn about the concept more. And you know what they say about competition. It will only bring out the best in these products. Will bitcoin still come out on top? Only time will tell. May the best crypto win!

[Winkletoss]

all the alt coins are based on bitcoin technology, so if something with as same hype. That would be a long time from nos ^^. Without bitcoin the Othee alt coins are nothing

[Johnzky]

IN a way yes,because the nore the merrier since bitcoins domination is continuing in progress with more than 50% of shares

I am looking forward about this because maybe things will change in the value segregation because now more altcoins are eating by the growth of bitcoin

[Flor1982]

There is possibility that it might happen in the future that Bitcoin might superseded by Altcoin but the question is when? This is possible like if all big whales will unite in conspiracy to dump the Bitcoin currency in the future and then they will pump like the Ethereum to succeed so everything is theoritically possible but not very likely to happen.

[Allura74]

There is possibility that it might happen in the future that Bitcoin might superseded by Altcoin but the question is when? This is possible like if all big whales will unite in conspiracy to dump the Bitcoin currency in the future and then they will pump like the Ethereum to succeed so everything is theoritically possible but not very likely to happen.

I think its not a threat to bitcoin since bitcoin is the pillars of crypto currency it will remain the most popular and king of all the coin and altcoins  is always dependent on bitcoin value because bitcoin is the main actor on crypto currency, I obserbed that there are many people wants to have altcoins just gain bitcoin.

[thesmallgod]

I personally do not think the numbers of altcoin have influence or serve as a threat to the existence of bitcoin. if you look around today you will see we already have so many altcoin with many more being introduced to the market every day. 99% of altcoin are being paired directly on exchange platform with bitcoin which mean the price directly depend on bitcoin and today when you see bitcoin price dropping then you will realize that the price of altcoin also drop.

[Rooster101]

It will take more time before some altcoins become a threat to bitcoin. They have to match the achievements of the leading coin for the past years including its price and market capitalization. These altcoins hopefuls should also match the popularity of bitcoin to get more support and attract a lot of investors. Ethereum is the nearest competitor of bitcoin but it is unlikely to become a threat to the top cryptocurrency.

[thesmallgod]

There is possibility that it might happen in the future that Bitcoin might superseded by Altcoin but the question is when? This is possible like if all big whales will unite in conspiracy to dump the Bitcoin currency in the future and then they will pump like the Ethereum to succeed so everything is theoritically possible but not very likely to happen.

nothing is impossible but the possibility is narrow and very tough. the reason is because non of the altcoin which is the subject of the matter is more accepted as a medium of payment than bitcoin. in fact some people do think bitcoin is the only cryptocurrency because that is the only crypto they have heard often and on. this is so because it is the oldest crypto and alot of services have been rendered using it. even only few ICO today do not use BTC as payment option.

[darkangel020716]

Bitcoin cannot be threaten of any altcoin in the market, because all of the altcoins are depending in bitcoin,  maybe there are some altcoin has more updated and good features than bitcoin but it is not mean that it can be threat. Bitcoin is bitcoin and altcoin is just an altcoin there is no being changes about that.

[Bobtong]

Unlikely altcoins can affect the market now, Bitcoin is overwhelming but in the future it should be the case, so many projects and ideas, at least several of them will be successful and influential

[Leyss]

Like any other crypto currency, bitcoin needs to constantly improve and be competitive, otherwise sooner or later it will lose its place as the leader of the crypto currency. In general, the presence of a large number of varieties of altcoyins is not a threat to its existence. On the contrary, such a large number of diverse and promising coins and tokens attracts people's attention to crypto currency and bitcoin from this only wins as its leader.

[ElsieHSeder27]

Altcoin being a risk to bitcoin is only an eager move of each altcoin just like all envisioning that one day they will be to finish everything. In any case, nobody will and ever supplant on where bitcoin is. The way that even a great deal of bitcoin fork coins were conceived, attempting to emulate what bitcoin had, they even won't contact the base of bitcoin.

[AAKODI]

Like any other crypto currency, bitcoin needs to constantly improve and be competitive, otherwise sooner or later it will lose its place as the leader of the crypto currency. In general, the presence of a large number of varieties of altcoyins is not a threat to its existence. On the contrary, such a large number of diverse and promising coins and tokens attracts people's attention to crypto currency and bitcoin from this only wins as its leader.

IT is true if bitcoin to survive in the future it needs to be improve both technically and financially because most new digital currencies that are coming to the market are equipped and build with advanced feature and methods so if bitcoin to compete with them its definitely has to improve than today because it is possible at least a considerable amount of users will move on to altcoins from bitcoin if this wont happen because even bitcoin is very demanding the usability and convenience that other currencies can provide will attract more users. 

[ajiejot]

For me YES, specially those altcoins that are scam, that is really big impact to Bitcoin, not only to bitcoin but also for the crypto community, but it's there's also a good side of having lot of altcoins, because it will help the adaption of the crpypto, so overall, it's all okay.

[ibrar.noman]

    More and more ICO projects are coming based on many major currencies and specially in this year the trend increased rapidly with many reputed organizations that are in various industries and trades decided to start there own digital currency to make there business more effective and efficient in order to gain more profit.
    Can these new launching Altcoin's make a negative impact on bitcoin's expansion in the future because we all know in order to increase the demand, usability and accessibility of bitcoin it should be widely use in most business areas but if Altcoin's take these opportunities how it can achieve its vision to become a widely used digital currency

i dont think so , they can't harm bitcoin it still have lot of space to capture the market .

[ribowo76]

Because too many projects are adopting blockchain technology, it will provide a gap for people who have evil intentions. And finally, it will indirectly slow down the expansion of bitcoin. But I believe, when everything is ripe. Nobody will be able to prevent, the expansion of bitcoin on a large scale 

[Chicksteen]

the negative impact of many ico projects alone is that there are more scam and unsuccessful projecks, I think bitcoin is still the best and will continue to be used

Bitcoin is always the best and even new coins had been created it will never affect the existence of bitcoin because it is the foundation and most popular among any other coin which can everyone can trust. Too many altcoin is not a hindrance for bitcoin to make it grow.