Alexandr Kirichenko
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October 05, 2019, 03:34:50 PM |
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I completely agree with you. At the moment, there are and will be quite a lot of different good altcoins. This is the same if people said that you use only the dollar and nothing else. But every country has its own currency. It is a large market with different currencies that are used for different purposes. The same goes for cryptocurrencies.
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Crypt0BHunter
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October 05, 2019, 03:48:29 PM |
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Of course altcoins have a lot of potential, and you should be smart and invest in those of them who have long term vision
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royalfestus
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October 05, 2019, 04:00:21 PM |
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Yeah, what if Bitcoin was used in there instead? We wouldn't need all this altcoins in the first place. Although there are some altcoins that are very good, you won't deny that Bitcoin is still the safest of them all. You can't defeat Bitcoin when it comes to investing. When Bitcoin moves, all those altcoins follow. In the end, they all falls down to Bitcoin. Bitcoin can survive alone but altcoins can't.
Bitcoin could have a general fit for all this transaction in altcoin use case but it has a lot of limitations that was not taken care of until the altcoins came. The high transaction fee, slow transaction, low price and limited supply of coins.
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cunguks
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October 05, 2019, 04:25:39 PM |
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Yeah, what if Bitcoin was used in there instead? We wouldn't need all this altcoins in the first place. Although there are some altcoins that are very good, you won't deny that Bitcoin is still the safest of them all. You can't defeat Bitcoin when it comes to investing. When Bitcoin moves, all those altcoins follow. In the end, they all falls down to Bitcoin. Bitcoin can survive alone but altcoins can't.
Bitcoin could have a general fit for all this transaction in altcoin use case but it has a lot of limitations that was not taken care of until the altcoins came. The high transaction fee, slow transaction, low price and limited supply of coins. it's possible that when altcoin comes with better quality and performance, it can cause many investors to switch to altcoin. traders will also think of convenience for transactions. bitcoin should now be able to be an alternative payment for a transaction in the real world. not just as an asset being traded as it is today. although there are already those who use bitcoin as a means of payment, but that is not done with mass quantities.
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BRODIN
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October 05, 2019, 04:37:56 PM |
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yes crypto can do better than that, I also imagine that crypto like alipay / wepay and online payment will greatly affect the value of crypto, including the market situation for the better and also increase the price of crypto again. on the other hand I think bitcoin will run with altcoin because they need each other in this crypto space
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cytpoway121
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October 05, 2019, 04:39:02 PM |
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I think we are all better with bitcoin alone. No stress no fraud Everyone gets to watch bitcoin grow and adopted while also avoid scam and fraud ieos or altcoins
With bitcoin alone; it is even better
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mickey_miner
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October 05, 2019, 04:53:59 PM |
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Over 850 millions of people use alipay as means of payment mostly in china and i heard lots about wepay as well, i come to think of it that what if bitcoin was been used in their places instead? if alipay and wepay can get to where they are today then altcoins have all the chances of survival as well. Wepay and Alipay are just online payment solution, crypto can do better.
Real use cases plus real life working products, let these two be your main focus when picking altcoins to invest your money on, do not listen to those saying 'dump altcoins for bitcoin' when you are holding solid altcoins
Bitcoin will not be used for daily transactions, because the transaction takes a long time. I think that in the future nothing will happen to Wepay and Alipay companies, because they will create their own cryptocurrency.
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NathanJB
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October 05, 2019, 05:09:09 PM |
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Over 850 millions of people use alipay as means of payment mostly in china and i heard lots about wepay as well, i come to think of it that what if bitcoin was been used in their places instead? if alipay and wepay can get to where they are today then altcoins have all the chances of survival as well. Wepay and Alipay are just online payment solution, crypto can do better.
Real use cases plus real life working products, let these two be your main focus when picking altcoins to invest your money on, do not listen to those saying 'dump altcoins for bitcoin' when you are holding solid altcoins
Do not count me as a Bitcoin maximalist. My portfolio has a lot of altcoins that are not just there because I received them but because I intentionally bought them. Altcoins are not enemies of Bitcoin. Altcoins are supporters of Bitcoin in other words. They are actually helping Bitcoin in some ways. But I don't think that Bitcoin needs altcoins. If there are no altcoins today, it does not follow that Bitcoin have long died. Or if all the altcoins will die in a year or two from now, it does not follow that Bitcoin will also die. Bitcoin is sufficient in itself. But it is certainly made stronger by altcoins.
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gokselgok
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October 05, 2019, 05:23:27 PM |
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Over 850 millions of people use alipay as means of payment mostly in china and i heard lots about wepay as well, i come to think of it that what if bitcoin was been used in their places instead? if alipay and wepay can get to where they are today then altcoins have all the chances of survival as well. Wepay and Alipay are just online payment solution, crypto can do better.
Real use cases plus real life working products, let these two be your main focus when picking altcoins to invest your money on, do not listen to those saying 'dump altcoins for bitcoin' when you are holding solid altcoins
Bitcoin will not be used for daily transactions, because the transaction takes a long time. I think that in the future nothing will happen to Wepay and Alipay companies, because they will create their own cryptocurrency. We must always consider here the market of the future which will be the most in demand considering Bitcoin and altcoins. Cryptocurrencies are composed of altcoins not just Bitcoin how can you trade if there are just one crypto coin how will the market exchange trade on this. So like real currency they need altcoins to run the market
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Vaslime
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October 05, 2019, 06:42:31 PM |
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Over 850 millions of people use alipay as means of payment mostly in china and i heard lots about wepay as well, i come to think of it that what if bitcoin was been used in their places instead? if alipay and wepay can get to where they are today then altcoins have all the chances of survival as well. Wepay and Alipay are just online payment solution, crypto can do better.
Real use cases plus real life working products, let these two be your main focus when picking altcoins to invest your money on, do not listen to those saying 'dump altcoins for bitcoin' when you are holding solid altcoins
Bitcoin will not be used for daily transactions, because the transaction takes a long time. I think that in the future nothing will happen to Wepay and Alipay companies, because they will create their own cryptocurrency. We must always consider here the market of the future which will be the most in demand considering Bitcoin and altcoins. Cryptocurrencies are composed of altcoins not just Bitcoin how can you trade if there are just one crypto coin how will the market exchange trade on this. So like real currency they need altcoins to run the market it cannot survive alone because market is based on altcoins which is tradable by bitcoin and who are gonna trade if you only have 1 coin.
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sorrros
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October 05, 2019, 06:49:41 PM |
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Yes, but we can be sure that Bitcoin will survive, while other altcoins are pretty risky. Did you see which coins were in top 100 years ago? FeatherCoin, NXT, Banx. Where they are?
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103deltafox
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October 05, 2019, 07:48:06 PM |
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True, Bitcoin can't survive Alone, the blockchain space is bigger than just bitcoin, it comprises of other Altcoins. Although bitcoin is the number one but good Altcoin will gain value in the future,so if you are holding valuable Altcoin, good.
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lousie9
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October 05, 2019, 08:56:11 PM |
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From the beginning, Bitcoin was created in the era of advanced technology in other words more and more needs, for example humans cannot live alone and Bitcoin is the same, then quickly created Altcoin as an alternative to digital currency exchange. More and more Crypto based in Blockhain continues to help with each other's advantages being natural so that new products continue to be born in digital currency trading.
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Sebas.tian
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October 05, 2019, 08:59:05 PM |
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Agree with your summation because no.man can ever be an island no matter the strength of the man. Bitcoin as a technology of payment method cannot perform the role of the altcoins as far the world of cryptocurrency is concern. There have been many other projects that came after Bitcoin and they are contributing to the fast development of Blockchain alongside Bitcoin.
Although Bitcoin be the mainstream manifestation of the Blockchain, doesn't mean it is all in all. Many Altcoins have been Keeping around Bitcoin and also, benefiting from Bitcoin as Bitcoin also benefits from them too. The season of Bitcoin always differ from that if the altcoins and they all complement each others.
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hashman
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October 05, 2019, 09:07:24 PM |
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Bitcoin is Bitcoin. Bitcoin does not need any company, partnership or well known investor. BTC survived alone for years and it can go on survive alone. Alt coin traders can not survive without BTC because alt coins can not survive without BTC. And last 3 months we saw how alt coins are deepened to BTC. BTC UP, alt coins down. BTC down, alt coins down. Physically they may survive but the values of the alt coins will crush without any recovery.
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Sebas.tian
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October 05, 2019, 09:38:17 PM |
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Bitcoin is Bitcoin. Bitcoin does not need any company, partnership or well known investor. BTC survived alone for years <.....~~~>~~....>
We all know the fact that; Bitcoin is Bitcoin but, need sometimes those to rely on and not solely itself alone. Bitcoin was created alone to strive in the cryptocurrency world but, no matter the happenings today, altcoins still served a major purpose in the world of cryptocurrency. Currently, the price of altcoins have change from low to grow. Bitcoin fell early this year and still try to recover it deep. I wouldn't say that; Bitcoin will or can stay alone without any help from the altcoins,
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DigeNarrator
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October 05, 2019, 10:14:14 PM |
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its not that bitcoin can't survive alone bitcoin can do... people are the ones who wont survive without altcoins... for many reasons
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coinporch
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October 05, 2019, 10:34:42 PM |
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Yes, but we can be sure that Bitcoin will survive, while other altcoins are pretty risky. Did you see which coins were in top 100 years ago? FeatherCoin, NXT, Banx. Where they are?
all altcoins above can't survive from the competitions in altcoins industry my friend but, in my opinion, bitcoin can survive alone without any altcoins
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pant-79
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October 05, 2019, 11:04:42 PM |
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its not that bitcoin can't survive alone bitcoin can do... people are the ones who wont survive without altcoins... for many reasons
You are right. There are different types of money and with/without proper regulation by centralized bodies, bitcoin can be classified as digital form of money. If this happens, bitcoin can quite survive alone as other financial assets. Buy like you said the people need altcoins for those varieties it offers in trade for profits
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ImSuparmin
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October 05, 2019, 11:24:22 PM |
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Bitcoin is the topmost crypto currency, it is clear that Bitcoin cannot survive alone, because all altcoins depend on Bitcoin, for example in the sale of large altcoins whether or not our income depends on the price of Bitcoin, so it's no wonder Bitcoin can also be called the king crypto.
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