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Author Topic: Bitcoin can't survive alone  (Read 4114 times)
SamboNZ
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October 20, 2019, 10:48:03 PM
 #141

bitcoin can stand alone even without altcoin

I agree, bitcoin can survive alone, some people use bitcoin as a store of value and not for alternative payment solution. Most coins/tokens gets affected when the btc price spikes in value and some follows the price movement with bitcoin.
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Once a transaction has 6 confirmations, it is extremely unlikely that an attacker without at least 50% of the network's computation power would be able to reverse it.
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October 20, 2019, 11:01:56 PM
Merited by Deathwing (1)
 #142

If a king does not have followers, then the ruler-ship of that king cannot be assessed and it's ruler-ship might be questionable. The same is applicable to bitcoin. It must live and rule on altcoins, which us the reason for their existence.
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October 20, 2019, 11:09:42 PM
 #143

Without altcoins, Bitcoin won't be the same as now, but yet, Bitcoin can survive alone. Bitcoin invented over 10 years ago! What about Ethereum? About 3 years ago! Before Ethereum, Bitcoin was good and the world started knowing about it! Without Bitcoin, the crypto market will be dead.
Your last statement might be must correct, without Bitcoin the entire ecosystem of crypto might be dead or being unfollow by people who are here because of Bitcoin success. Bitcoin can survive alone as it's been accepted as additional payment process from businesses who seen the good usage of this system.

While for those who are working with trading, Bitcoin is one of a good store assets to hold to attain value in the long process.

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October 20, 2019, 11:17:11 PM
 #144

There is no faith in altcoins because of the large number of garbage coins that do not bring any benefit to the market. Only fundamental altcoins will survive. And they together with bitcoin will change our world.

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October 24, 2019, 04:09:17 PM
 #145

Bitcoin will develop or stand alone without altcoin and it is clear that altcoin is only an imitation or as an alternative to bitcoin, and for whatever reason bitcoin will survive on its own without altcoin.
bitcoin is the first digital coin in the world to grow on its own and over time altcoin is present as an imitation and many people choose bitcoin to invest because it is reliable compared to altcoin.
Bitcoin can survive without altcoins that much is clear and altcoins most likely cannot survive without bitcoin that is clear as well, still I think it is a good thing that altcoins exist and that is because it allowed us to take new paths in the development of the blockchain and see how they perform in real life, after all in theory something could perform greatly but when you try it doesn't, that way the developers of bitcoin can see what works and what doesn't and then they can apply what works to bitcoin.
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October 24, 2019, 04:56:08 PM
 #146

for me bitcoin can survive alone without altcoins but on the contrary altcoin cannot live without bitcoin.

if for your intended payment they only use digital money whose value has been set by the state, in contrast to crypto money which no one regulates its value except for requests.
You should know crypto was not created just for payment transactions
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October 24, 2019, 05:04:24 PM
 #147

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

I also believe that there are some altcoins worth to be adopted, and worth to be used together with Bitcoin, people want options in all the things they do and we have a very huge market to cover, but not thousands of coins in the market, I figure that 50 to 100 coins are just enough in fact already too many, and this is the reason are competing with speed scalability and fees, because payment processor will soon be replaced by Cryptocurrency.   

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October 25, 2019, 01:37:21 PM
 #148

bitcoin can stand alone even without altcoin, but for come to be payment solution it's too hard for bitcoin because as we know for confirming 1 confirmation on bitcoin blockchain is too long, better than user another altcoin like Ripple.

ah altcoin was created to fill the weaknesses in the main cryptocurrency bitcoin
bitcoin stands alone, however, all crypto and altcoin currencies depend on the investors themselves and all developments also from the investors themselves therefore it takes confidence and patience from their investors and more and more interest in investing with crypto currencies certainly the crypto currency will also grow rapidly
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October 25, 2019, 05:00:55 PM
 #149

There is no faith in altcoins because of the large number of garbage coins that do not bring any benefit to the market. Only fundamental altcoins will survive. And they together with bitcoin will change our world.
Did you remember how big bitcoin gets a big impact caused by the demand of ICO. The big trend has been coming from altcoin when ICO has become a big trend in a few years ago. altcoin has brought a big demand for bitcoin especially to use it as a way to raise the funds. Bitcoin can survive alone but you should not count the garbage coin in the list.
The ecosystem needs a lot of cryptos. We have the top 100 CMC that brings more benefits to the bitcoin.


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October 25, 2019, 05:11:21 PM
 #150

Reading your title is somehow looks very obsessed about bitcoin success (in a bad way though), altcoins are not that bad but the whole point of this discussion is about bitcoin itself, altcoins would have never been here without bitcoin's existence, altcoins was just a small part of Bitcoin technology that's been derived by developer's of it, there is nothing so much to brag about altcoins (mostly shit coins)

Bitcoin alone can survive and take all the spotlight it needs to be successfully get its mass adaptation in no time.
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October 25, 2019, 05:13:40 PM
 #151

for me bitcoin can survive alone without altcoins but on the contrary altcoin cannot live without bitcoin.

if for your intended payment they only use digital money whose value has been set by the state, in contrast to crypto money which no one regulates its value except for requests.
You should know crypto was not created just for payment transactions
The fact that all or almost altcoins can covert to BTC, then bitcoin can really stand alone. It can use in transferring and doing transactions also. Though it's uses will not be fully discovered without those alts, since where we can compare it if no other cryptocurrencies created,there will be no crypto trading about to happen since we can't trade it to real stocks or forex. Bitcoin can stand as it own in terms of usefulness but will not be determined in trading.

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October 25, 2019, 05:16:28 PM
 #152

bitcoin can stand alone even without altcoin, but for come to be payment solution it's too hard for bitcoin because as we know for confirming 1 confirmation on bitcoin blockchain is too long, better than user another altcoin like Ripple.

ah altcoin was created to fill the weaknesses in the main cryptocurrency bitcoin
bitcoin stands alone, however, all crypto and altcoin currencies depend on the investors themselves and all developments also from the investors themselves therefore it takes confidence and patience from their investors and more and more interest in investing with crypto currencies certainly the crypto currency will also grow rapidly

Bitcoin will always remain independent as other altcoin are dependent of bitcoin for growth as they rise and fall along with bitcoin.  Investors are just looking for right opportunity to invest as right now it's little uncertain and apart from investors if normal users adopt bitcoin for huge transaction then it will give more pump to the value I think bitcoin needs to focus on commercial customers rather than just investors. Let me know if you don't get my point.

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October 25, 2019, 05:25:43 PM
 #153

Bitcoin alone can survive and take all the spotlight it needs to be successfully get its mass adaptation in no time.
the strong spotlight is not yet certain to generate the confidence of world economic investors to really get involved, most of them disagreeing with decentralization.

as long as bitcoin is still strong only in the crypto market. altcoin takes important history for btc daily trading volumes to remain high from their trades. If conditions reverse and alt are sure to increase in volume through the usdt pair. then the dominance of BTC will also fall, in this case bitcoin is not able to avoid dependency.
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October 25, 2019, 05:31:47 PM
 #154

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
I don't see any reason why bitcoin can't survive alone? You don't need altcoins for bitcoins to survive. As long as people buys and holds bitcoin it will survive. Even though if people can't use it as a form of currency, they can always use it as a store of value.
Sometimes your altcoins won't be giving you much profit like that of bitcoin. So it is better to let go of your altcoin and jump into bitcoin.

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October 25, 2019, 05:35:51 PM
 #155

Is this a hidden advertise about WePay and Alipay using a controversial statement in the topic title?
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October 25, 2019, 05:39:09 PM
 #156

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
I don't see any reason why bitcoin can't survive alone? You don't need altcoins for bitcoins to survive. As long as people buys and holds bitcoin it will survive. Even though if people can't use it as a form of currency, they can always use it as a store of value.
Sometimes your altcoins won't be giving you much profit like that of bitcoin. So it is better to let go of your altcoin and jump into bitcoin.
but you must remember that bitcoin also requires an exchange rate such as USDT or altcoin to still have a sale value. although bitcoin survives on its own if there is no measure of the price that becomes the exchange rate of bitcoin then it is possible that bitcoin will not have a value up to now.

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October 25, 2019, 06:18:42 PM
 #157

I heard Alipay has started a ban on transactions to crypto, and binance also does not support the purchase of crypto through Alipay now. You are right, bitcoin cannot survive on its own right now. The needs of users are more numerous and diverse, so the development of blockchain technology must follow the needs of users and was born with altcoin which has a different concept and function than bitcoin.

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October 25, 2019, 06:27:48 PM
 #158

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

I am one of those who believes that altcoins have future if there's not, developers will not think of creating new coins or tokens in the market, there are some issues on Bitcoin that they want to complement, or try to solve, Ethereum's smart contract is highly supported by the community, because it offers different  option from what Bitcoin is offering, there's still a lot of coins coming in the market, and so we have a wide options to pick, this is because this technology keeps on evolving.


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October 25, 2019, 06:32:53 PM
 #159

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

You're right! Bitcoin alone cannot survive on its own. I can give a comparative example. You find a source for example oil and in order to start producing it, then store it, transport it, process it, all this needs an infrastructure. In our case, the ecosystem. In other words, auxiliary cryptocurrencies and platforms working on them should be created. Thus, more and more people will be involved in the field of cryptocurrencies and more and more money will be invested in cryptocurrencies. All this will be the source of life for the main cryptocurrency, in this case BTC.
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October 25, 2019, 06:34:07 PM
 #160

I really agreed with your opinion. Bitcoin cannot survive alone but some good quality with use cases will surely make blockchain a thing of reality.

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