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Author Topic: Bitcoin is the future ??  (Read 1630 times)
cytpoway121 (OP)
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September 26, 2019, 09:32:27 PM
 #1

This year; ieo unfolded.

It was supposed to surpass ico and be a better crowdfunding method; but it has gone cold faster than ico did.

If you compare Your experiences too; between altcoin and bitcoin; you would notice that

1. Altcoins are so many; that they replace one another.
If an old altcoin dies
New altcoins will replace them and old one will be forgotten... It goes on and on

2. Bitcoin has maintained its class and importance;

Is it that bitcoin is the only hope for the future ??
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September 26, 2019, 09:53:14 PM
 #2

Bitcoin remains the pace setter and should take the biggest part of every crypto enthusiasts' portfolio in my own opinion. Most altcoins will be gone with time, many are already forgotten. When the craze for IEO started, many people said it's the hope for crypto investors since listing is sure and team will be verified by the exchange, hence higher reputable projects. No doubt IEO is better than ICO in many aspects, but too many IEOs are making it look like child's play. The rate at which new altcoins emerge is evident that most team members are just in for the money, and have no devotion to develop the project. Nowadays the ROI from IEOs reduced comparatively and it's a sign that people are getting fed up with IEO. Some exchanges will even go as far as given false claims of selling out in a bit to lure in more buyers when listed.
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September 26, 2019, 10:20:28 PM
 #3

1. You are right that's the sequence and pattern that the altcoins have. Someone's idea being taken by another better project and the cycle goes on of who's making a better project for that specific idea that they have. But they don't realize that most of them are hitting the same fate of being forgotten because the old and existing ones are winning the market.
2. Very few altcoins can come together with bitcoin in the future. Tackling about bitcoin's importance, think on how big its dominance to the market which means that more than half of all of the crypto market is from bitcoin and this speaks that majority prefers it.



 

 

 

 

 

 


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September 26, 2019, 10:33:16 PM
 #4

This year; ieo unfolded.

It was supposed to surpass ico and be a better crowdfunding method; but it has gone cold faster than ico did.

If you compare Your experiences too; between altcoin and bitcoin; you would notice that

1. Altcoins are so many; that they replace one another.
If an old altcoin dies
New altcoins will replace them and old one will be forgotten... It goes on and on

2. Bitcoin has maintained its class and importance;

Is it that bitcoin is the only hope for the future ??

comparing bitcoin and altcoin is not fair mate
as you can see the market cap of bitcoin now about 68% and the rest is going to altcoin wich mean only 32% from all market capitalisations of cryptocurrency,, and thats the real sign if people still focus on bitcoin rather than altcoin
just collect more bitcoin mate  Wink

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September 26, 2019, 10:37:06 PM
 #5

It's not, bitcoin was controlling crypto caused by it's the first cryptocurrency that has already created and altcoins are using bitcoin as the main indicator to determine the value of the altcoin. Bitcoin is not the only one and remembers about the adoption of tokenization comes when ethereum created ico.
This will not happen if there was a coin in the market.
You can't always think if bitcoin is anything but another altcoin gives its contribution too.

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September 26, 2019, 11:18:43 PM
 #6

Is it that bitcoin is the only hope for the future ??

I don't think that Bitcoin will be our only hope  in the future but it will definitely lead the pack of cryptocurrencies and platforms that will have a profound impact very soon in our future!

Additionally, since Bitcoin has its own unique features mostly ideal for payment transactions, I would like to think that in the near future, BTC, together with other crypto platforms and their unique features and use cases, a harmonious existence will emerge once this revolution becomes more mature and mainstream that will eventually benefit mankind for good. Imho.
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September 26, 2019, 11:45:54 PM
Merited by fortunecrypto (1)
 #7

This year; ieo unfolded.

It was supposed to surpass ico and be a better crowdfunding method; but it has gone cold faster than ico did.

If you compare Your experiences too; between altcoin and bitcoin; you would notice that

1. Altcoins are so many; that they replace one another.
If an old altcoin dies
New altcoins will replace them and old one will be forgotten... It goes on and on

2. Bitcoin has maintained its class and importance;

Is it that bitcoin is the only hope for the future ??

With Bitcoin dominance increasing it really is the future of Cryptocurrency, gone are the old days when new coins will have full support and investors in a hurry to invest in a new coin thinking it's the next best thing, that's not going to happen now, investors are more wiser than, they knew some new coins are just recycled of the old one with nothing to offer.

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September 27, 2019, 12:03:31 AM
 #8

Your conclusion about ICO is true, and IEO is not like ICO which has a very long HYPE, and now the demand is getting lower,
altcoin does have the opportunity to replace bitcoin, but of course not in the near future, because we know the market dominance of Bitcoin is still above 50%, this proves that people still believe in Bitcoin.

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September 27, 2019, 12:26:13 AM
 #9

Of course Bitcoin is our hope for the future because Bitcoin is able to maintain a position unlike the old or new altcoin. I do not really believe in the future of altcoin because it is vulnerable to severe downturns.

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September 27, 2019, 12:37:48 AM
 #10

This year; ieo unfolded.

It was supposed to surpass ico and be a better crowdfunding method; but it has gone cold faster than ico did.

If you compare Your experiences too; between altcoin and bitcoin; you would notice that

1. Altcoins are so many; that they replace one another.
If an old altcoin dies
New altcoins will replace them and old one will be forgotten... It goes on and on

2. Bitcoin has maintained its class and importance;

Is it that bitcoin is the only hope for the future ??

With Bitcoin dominance increasing it really is the future of Cryptocurrency, gone are the old days when new coins will have full support and investors in a hurry to invest in a new coin thinking it's the next best thing, that's not going to happen now, investors are more wiser than, they knew some new coins are just recycled of the old one with nothing to offer.

Bitcoin should be our main portfolio because of it's growing dominance, with so many scams ICO in the past, investors want to regain their losses by investing in a more stable coin like Bitcoin, Ethereum Eos among others, I can't keep with the number of coins that has gone from a hype to dump coins.

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September 27, 2019, 01:36:04 AM
 #11

This year; ieo unfolded.

It was supposed to surpass ico and be a better crowdfunding method; but it has gone cold faster than ico did.

If you compare Your experiences too; between altcoin and bitcoin; you would notice that

1. Altcoins are so many; that they replace one another.
If an old altcoin dies
New altcoins will replace them and old one will be forgotten... It goes on and on

2. Bitcoin has maintained its class and importance;

Is it that bitcoin is the only hope for the future ??

With Bitcoin dominance increasing it really is the future of Cryptocurrency, gone are the old days when new coins will have full support and investors in a hurry to invest in a new coin thinking it's the next best thing, that's not going to happen now, investors are more wiser than, they knew some new coins are just recycled of the old one with nothing to offer.

Bitcoin should be our main portfolio because of it's growing dominance, with so many scams ICO in the past, investors want to regain their losses by investing in a more stable coin like Bitcoin, Ethereum Eos among others, I can't keep with the number of coins that has gone from a hype to dump coins.

Yes bitcoin is one of my investments in the future because it tends to be stable compared to altcoin, several times I have asked the future of bitcoin experts say 2022 is the key of bitcoin because many big changes will rely on cryptocurrency assets.

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September 27, 2019, 01:56:25 AM
 #12

This year; ieo unfolded.

It was supposed to surpass ico and be a better crowdfunding method; but it has gone cold faster than ico did.

If you compare Your experiences too; between altcoin and bitcoin; you would notice that

1. Altcoins are so many; that they replace one another.
If an old altcoin dies
New altcoins will replace them and old one will be forgotten... It goes on and on

2. Bitcoin has maintained its class and importance;

Is it that bitcoin is the only hope for the future ??

With Bitcoin dominance increasing it really is the future of Cryptocurrency, gone are the old days when new coins will have full support and investors in a hurry to invest in a new coin thinking it's the next best thing, that's not going to happen now, investors are more wiser than, they knew some new coins are just recycled of the old one with nothing to offer.

Bitcoin should be our main portfolio because of it's growing dominance, with so many scams ICO in the past, investors want to regain their losses by investing in a more stable coin like Bitcoin, Ethereum Eos among others, I can't keep with the number of coins that has gone from a hype to dump coins.
it's not always, we must see the situation before we will try to add any coin as our portfolios. Remember those people have bought when bitcoin priced $13k for each bitcoin has already lost almost a half for their investment. It's better to add portfolios based on the market trend to avoid the deep loss.
Even the bitcoin as the best crypto can bring us to the too. Just try to realize the risk in the crypto it's much better than do nothing.

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Hallmader
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September 27, 2019, 02:28:12 AM
 #13

This year; ieo unfolded.

It was supposed to surpass ico and be a better crowdfunding method; but it has gone cold faster than ico did.

If you compare Your experiences too; between altcoin and bitcoin; you would notice that

1. Altcoins are so many; that they replace one another.
If an old altcoin dies
New altcoins will replace them and old one will be forgotten... It goes on and on

2. Bitcoin has maintained its class and importance;

Is it that bitcoin is the only hope for the future ??

IEOs did not even reach halfway of what was achieved by ICO. Perhaps investors have learned a lot from failed offerings, regardless of its particular kind.

You are correct, there is a world of difference between Bitcoin and altcoins. Bitcoin is the one and only in its world while altcoins are made up of thousands and counting. Bitcoin does not have competitor so to speak. No other coin can compete with the founder, the beginning of everything. Altcoins, on the other hand, are very dispensable.

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indah rezqi
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September 27, 2019, 05:22:35 AM
 #14

Yes. In my opinion Bitcoin is the only hope for the future in crypto. Older Altcoins like Ethereum will be competing with new altcoins.

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samcrypto
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September 27, 2019, 05:30:13 AM
 #15

Of course Bitcoin is our hope for the future because Bitcoin is able to maintain a position unlike the old or new altcoin. I do not really believe in the future of altcoin because it is vulnerable to severe downturns.
Not for ETH because I have a big confidence that ETH will stay as long as bitcoin is still kicking and I some altcoins are also good. Bitcoin is the future because it will save us from a corrupt banks and cryptocurrency is the key for as to make transactions at the easiest way with a very low fees. We have to keep this hope alive and we have to support bitcoin until we achieve the mass adoption and it will never ends.

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September 27, 2019, 05:38:58 AM
 #16

This year; ieo unfolded.

It was supposed to surpass ico and be a better crowdfunding method; but it has gone cold faster than ico did.

If you compare Your experiences too; between altcoin and bitcoin; you would notice that

1. Altcoins are so many; that they replace one another.
If an old altcoin dies
New altcoins will replace them and old one will be forgotten... It goes on and on

2. Bitcoin has maintained its class and importance;

Is it that bitcoin is the only hope for the future ??
IEO is better than ICO marginally, you can't compare the two,just imagine if IEO was the first fund raising that came out in 2017 what would have happened? i bet it will still be standing strong, its better to stick with bitcoin it seem to be the strongest of them all and for altcoin there is no clear vision yet

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jmigdlc99
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September 27, 2019, 05:41:06 AM
 #17

1. Altcoins are so many; that they replace one another.
If an old altcoin dies
New altcoins will replace them and old one will be forgotten... It goes on and on

2. Bitcoin has maintained its class and importance;

Is it that bitcoin is the only hope for the future ??

It seems to appear so. Altcoins have grown so much in number but in terms of significance, almost nothing has happened. So many coins have been created but none of them are actually used in real life the way bitcoin has.

People are now realizing altcoins were just a passing sensation and Bitcoin is the most reliable cryptocurrency out there.

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terrorJR
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September 27, 2019, 08:18:27 AM
 #18

Bitcoin is indeed currently being dropped but not when it remains we still have to hold Bitcoin from now on, bitcoin has a mission going forward for all.

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September 27, 2019, 08:42:35 AM
 #19

Altcoins would get their chance but not now, after such a disappointing Bakkt launch, the market needs time to recover. We would be very lucky if BTC price would not drop to 6k again, because the situation is very uncertain and I would stay out of the market for now.

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September 27, 2019, 08:52:41 AM
 #20

Bitcoin has the technology for cryptocurrency, it's been accepted and valued as a store of value every other altcoin, depends on Btc to survive
Most Altcoins has very inferior standard and as such failure is inevitable.
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