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denzkilim
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October 11, 2018, 02:31:47 AM |
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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
New altcoins that appear every day and disappear same fast can't be a threat to a stable almost 10 years old bitcoin. It is like a mouse threating an elephant. No chance. I think for each altcoin will be a buyer, user, just the market will expand with more selection of altcoins for any wallet (sum) and purpose. Absolutely agreed, and to add up, every new alternative crypto currencies that are sprouting all over the crypto currency realm has a pairing with Bitcoin or almost all of them has a pairing with Bitcoin and with this scenario these new altcoins are all dependent to the growth of Bitcoin. To be honest most of the alternative crypto currencies that are sprouting like mushrooms all over crypto space will end up as a shit coin. Bitcoin is been in this industry for almost a decade and Bitcoin has proven a lot unlike those new altcoins and Bitcoin's security level is at the highest ranks when you compare it to others.  I admit that there are also good altcoins out there that have awesome, useful and unique features but I don't think that they will be a threat to Bitcoin or they will have a chance to replace Bitcoin on the top rank.  |
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vonnyaries
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October 11, 2018, 02:41:00 AM |
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too many altcoin and the ICO project is not affect bitcoin existence, but i think it will makes the investor confused to choose their best project, and at the end many project and investor that will be loss because their plan is not like they want,
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chickenado
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October 11, 2018, 02:47:47 AM |
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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
New altcoins that appear every day and disappear same fast can't be a threat to a stable almost 10 years old bitcoin. It is like a mouse threating an elephant. No chance. I think for each altcoin will be a buyer, user, just the market will expand with more selection of altcoins for any wallet (sum) and purpose. Absolutely agreed, and to add up, every new alternative crypto currencies that are sprouting all over the crypto currency realm has a pairing with Bitcoin or almost all of them has a pairing with Bitcoin and with this scenario these new altcoins are all dependent to the growth of Bitcoin. To be honest most of the alternative crypto currencies that are sprouting like mushrooms all over crypto space will end up as a shit coin. Bitcoin is been in this industry for almost a decade and Bitcoin has proven a lot unlike those new altcoins and Bitcoin's security level is at the highest ranks when you compare it to others. I admit that there are also good altcoins out there that have awesome, useful and unique features but I don't think that they will be a threat to Bitcoin or they will have a chance to replace Bitcoin on the top rank. Being the pioneer of cryptocurrency no any altcoin's that can stand toe to toe bitcoin now a days, although lot coins exist in the market place but still it is still dependent with bitcoin, as a based currency, because bitcoin is being recognized all over the world. |
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bangkit tri
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October 11, 2018, 02:52:04 AM |
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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
It is possible that a lot of these alt coins being released might be the next big thing that could overthrow bitcoins out of its thrown as king. Many of these alt coins are a threat to bitcoins but it doesn't mean it will eliminate bitcoins for good. Some will still stock up some bitcoins due to its popularity. i think it will be difficult to overthrow bitcoin. considering that the marketcap has gone too far, so it needs big funds to drop it. we know that all altcoins now have a dependency on btc, like they can't escape |
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TheKeyLongThumbI
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October 11, 2018, 03:29:00 AM |
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Believe it or not, they are going to die naturally in the process on this kind of market. Let's make an example of a product of shampoo or soap, only 2-3 are leading brands because of the great trust they got from their consumers. Same thing will happen and altcoin of each category will only less than 10 for sure that will continue to survive. Numbers are not a threat but quality.
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Affilate User
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October 11, 2018, 04:07:53 AM |
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no matter how much altcoin is created, the altcoin will never be able to beat bitcoin, because this bitcoin is the king of all cryptocurrency, the price of the altcoin will follow the movement of bitcoin prices, when the price of bitcoin falls, the price of altcoin will also fall and in some cases it often happens.
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thenameisjay
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October 11, 2018, 04:24:55 AM |
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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
With more and more alt coins being released on a regular basis, there's bound to have at least one of them will kick bitcoin's butt in terms of feautures. It's probably bound to happen because there are a lot of alt coins out there with better features but is not under the limelight. |
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mkhadazz
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October 11, 2018, 04:45:46 AM |
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as long as the created ICO project has a good concept and has a product that is very useful and can be one of the solutions to the world's financial problems, this will not be a threat to bitcoin, but if there are many ICO that fail, even a lot of scam ICO are circulating will create a threat to the world of cryptocurrency including bitcoin.
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Bonnie113
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October 11, 2018, 04:55:10 AM |
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With a history of development, Bitcoin is the king of digital money. In this area, investors have a stronger belief in bitcoin than any other currency. Altcoin tends to be more than but it doesn't threaten the existence of bitcoin.
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Goodnuel
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October 11, 2018, 07:56:21 AM |
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The springing up of numerous altcoins can maybe saturate the market, but they can't become a threat to bitcoin cos bitcoin remains the king of all coins... All other coins without a strong dev will eventually fade away.
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TentallyMooN
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October 11, 2018, 08:05:09 AM |
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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
You are right, there are really too many altcoins, but you do not forget that more than half of them are scam. And now think about how these projects will be able to supplant the great Bitcoin? |
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TentallyMooN
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October 11, 2018, 08:08:37 AM |
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With a history of development, Bitcoin is the king of digital money. In this area, investors have a stronger belief in bitcoin than any other currency. Altcoin tends to be more than but it doesn't threaten the existence of bitcoin.
And I am sure that every experienced investor will prefer to buy Bitcoin than any other altcoin. I do not want to say that there are no prospective coins among the altcoins, but still they are very hard to find. Better not to risk and choose Bitcoin |
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Andika23
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October 11, 2018, 08:22:26 AM |
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I think that altcoin that are born or new have no effect on bitcoin, bitcoin is king of crypto, all coins depend on bitcoin, if bitcoin is experiencing an automatic decline the price of other altcoins will drop, no one can rival the price of bitcoin, bitcoin will remain number 1 in cryptocurrency. Maybe the negative impact for bitcoin is only on the many ICO scam projects that make investors start to fear investing in the ICO they will invest in bitcoin safer.
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bajingluncat
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October 11, 2018, 08:34:30 AM |
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in my opinion it will not affect bitcoin, as much as any altcoin that appears, it will not reduce people's interest in bitcoin, indeed lately there are some altcoins that are in great demand because of good prices and cheaper transaction costs, but the first is not maybe replaced easily, I see bitcoin is still existent, especially towards the end of this year many people are curious about whether there will be another bubble, everyone is looking forward to it, hoping that good predictions will come true
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richman3451
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October 11, 2018, 08:46:03 AM |
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I think that this is not how it can not affect the Bitcoin as many Altcoins are attached to the Bitcoin ether is a little different and they do not intersect
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adamtruongkz
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October 11, 2018, 08:47:36 AM |
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It does hinder the bitcoin (and cryptocurrency) ecosystem in general. People getting scammed by scam coins/tokens and the publicity of the news about the scams are getting gives people a bad impression of bitcoin/crypto. The market might be overcrowded with useless alts of bitcoin but in the end, people know what to choose, that's why bitcoin still has the largest market cap of all the cryptocurrencies in existence.The presence of a large number of altcoyins, in my opinion, can only benefit bitcoin, because if people first learn about the existence of altcoyins, they will surely afterwards hear and be interested in bitcoin.
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trauchot
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October 11, 2018, 09:25:55 AM |
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Why would it, as we see in the market, bitcoin demand is 50+ percent more than other cryptocurrencies, and so it will be at least for a long time, because a lot of alts use bitcoin technologies, while this will continue, bitcoin will be first in technology and other opportunities.
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Phan Long
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October 11, 2018, 11:12:01 AM |
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There are too many Altcoins appearing in the market. It does not directly affect the price of Bitcoin, but it indirectly affects Bitcoin. The emergence of so many Altcoins makes the market so saturated. These things will affect the electronic money market.
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stigmacryptonight
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October 11, 2018, 11:30:41 AM |
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We definitely don't believe they are going to harm the actual bitcoin. Irrespective, all of the cash on the market are influenced by the actual bitcoin motion. This is exactly why it is difficult to allow them to allow all of them proceed. I've not really however observed the actual living associated with this type of task.
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conected
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October 11, 2018, 12:16:43 PM |
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no matter how much altcoin is created, the altcoin will never be able to beat bitcoin, because this bitcoin is the king of all cryptocurrency, the price of the altcoin will follow the movement of bitcoin prices, when the price of bitcoin falls, the price of altcoin will also fall and in some cases it often happens.
- Especially as the situation right now, the price of bitcoin has brought the altcoin market to the bottom of the deep, and that makes me feel this topic name has something wrong, the name of the topic should change backwards, it would probably be more reasonable. Many experts and investors always predict that some altcoin will be able to touch the bitcoin's position and then beat and replace it but this high mountain is still a stable state, facing many enemies but it is still very comfortable, altcoin as newborn babies want to fight adults, the chance of winning is zero |
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