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Author Topic: Bitcoin can't survive alone  (Read 4114 times)
Prompyboo
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December 15, 2019, 05:54:09 PM
 #281

It can survive this is what I believe after ten years and with big gap in dominance, Bitcoin is doing great at this point of time, it's the altcoins that cannot survive without Bitcoin, but it's better that there are altcoins around that has different features, it can serve other industries with their features and of course, we, investors like to have a lot of choices and options when investing.
you correctly say that altcoins cannot survive without bitcoin, but it is also true that bitcoin cannot survive without altcoins. think a little bit about what will happen to the market if all altcoins will die? people will simply no longer be interested in the cryptocurrency market and very few people will remain on it, and then only a very small number of people will also need bitcoin

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December 15, 2019, 07:41:28 PM
 #282

It can survive if in future people will use only bitcoin for what all they need to do, to buy all they need and many other things but all depends if this will happen, but anyway survive already is the most know crypto on earth and will continue survive.
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December 15, 2019, 08:18:29 PM
 #283

Bitcoin can it has proven history of it as there was nothing else first few years, BTC can’t survive alone it needs at absolute minimum LNX altcoin.

"The existing Visa credit card network processes about 15 million Internet purchases per day worldwide. Bitcoin can already scale much larger than that with existing hardware for a fraction of the cost. It never really hits a scale ceiling."  Satoshi Nakamoto, April 2009          Avoiding taxes is totally legal if you consider and respect the law.
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December 15, 2019, 08:40:40 PM
 #284

Bitcoin can it has proven history of it as there was nothing else first few years, BTC can’t survive alone it needs at absolute minimum LNX altcoin.
And there will be a time that most of the altcoins will get eliminated to remain the coins that has the strongest hold by the people. But what do you mean by it needs that altcoin? I thought that you're in favor of saying that bitcoin can survive on its own but why tell that it has to be with a minimum of that kind of altcoin? there will be an altcoin to survive but it will never kick out bitcoin at its place and even there's none, bitcoin alone can make itself go on.

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December 15, 2019, 09:26:57 PM
 #285

Bitcoin can survive alone. Just like gold if the demand will be be going up then it there's no reason for it not to survive amd now. There are so many altcoins floating in the market we accept it or not that is how reality is going on. Bitcoin will still survive and can survive alone in the long run.

I don't think Bitcoin can survive alone, we can see the price movement gone high fast when alternative cryptocurrency makes movements in the market.
As per gold, it never stands alone as it always has its price in FIAT. There are some precious stones with it also like silver and diamonds.
Things and materials has equal value on the other side, there is no island in this world alone.


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December 15, 2019, 09:41:26 PM
 #286

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
Some many people still don't know what is the alipay or wepay. Banned list of cryptocurrency China is the one. How do you pay Bitcoin as payment methods but still Bitcoin is survive without this payment methods. Bitcoin is using in different payment methods online and real use cases.
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December 16, 2019, 02:34:58 AM
 #287

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
Bit coins are called the father coins of all coins, but it is worth noting that the contribution of Ethereum or other coins to the Kiptro world is no less.I think Alter Coin e made bitcoin popular. Altair coins have contributed greatly to the popularity of Bitcoin.

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December 16, 2019, 04:01:05 AM
 #288

because bitcoin is the first digital currency the focus is only as a means of payment.
while altcoin has the development and innovation of each, ETH with XLM smartcontract with low send speed and fee and many more.
but not all altcoin is good, most of them are rubbish.
so you have to choose a good one and have a clear roadmap.
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December 16, 2019, 04:31:20 AM
 #289

It's true that bitcoin can't survive alone because it requires the presence of fiat, how do we buy bitcoin if without fiat. Then from that
exchanges with fiat pairs are more in demand. Even exchanges as large as binance present fiat pairs from several countries, then roles
altcoins for bitcoin are big enough in my opinion. Because altcoins can be a magnet for the advancement of the cryptocurrency world,
without altcoins cryptocurrency growth will not be as fast as it is today. With altcoins can make the trading world come alive, because of
the many coins for trading options. Not to mention that with altcoins there are many opportunities to make money through the ICO / IEO
project. So from altcoins can attract many investors to the world of cryptocurrency, if many investors are attracted to the world of crypto
currency the impact on bitcoin is very good. Because bitcoin pairs are the most popular in trading.

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December 16, 2019, 08:41:38 AM
 #290

It's true that bitcoin can't survive alone because it requires the presence of fiat, how do we buy bitcoin if without fiat. ...
.........
Another one who does not understand Bitcoin and thinks its some kind of magic gambling thing.
Bitcoin is something to earn use receive spend send.... fees on BTC prohibit real world usage other than trading on unnecessary exchanges.

"The existing Visa credit card network processes about 15 million Internet purchases per day worldwide. Bitcoin can already scale much larger than that with existing hardware for a fraction of the cost. It never really hits a scale ceiling."  Satoshi Nakamoto, April 2009          Avoiding taxes is totally legal if you consider and respect the law.
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December 16, 2019, 09:35:07 AM
 #291

Price of Bitcoin is what drives the crypto market. I would say bitcoin is not heavily relied on altcoins like altcoins are dependent on bitcoin. Whenever we see bitcoin going up we see altcoins also going up but inverse is not true. There is no altcoin till date whose value has affected bitcoin in any way.

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December 16, 2019, 10:56:56 AM
 #292

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 dont disagree with the fact that altcoins dont have a use case. Many do have a use case. But price is decided by trading volumes and traders. When it comes to trading, market isn't really active atm. Even bitcoin is struggling with the volume. But just because bitcoin is the most trusted among the traders when it comes to crypto, it gets the most of the trading volume which keeps the price movement active.

Altcoins aren't getting much of the traction lately. So simply holding them won't be a good option. That is why people are asking others to shift to bitcoin until altcoins show some movement.
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December 16, 2019, 12:45:21 PM
 #293

Price of Bitcoin is what drives the crypto market. I would say bitcoin is not heavily relied on altcoins like altcoins are dependent on bitcoin. Whenever we see bitcoin going up we see altcoins also going up but inverse is not true. There is no altcoin till date whose value has affected bitcoin in any way.

Its economy, there cant be just one currency, just one market. Beauty of crypto is connection between coins and tokens, and simplicity in making transactions, storing, and swapping coins/tokens. Its pointless to talk about can bitcoin survive alone or it cant, we cant deny existence of all other alts.
Bitcoin and other alts rise in price as demand rise and cash inflow. Bitcoin is the most favorite coin, and like that mostly people invest in trade with bitcoin, of course that bitcoin price will rise first, and when people finish with bitcoin they turn to alts, they always comes second.

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December 16, 2019, 01:05:52 PM
 #294

This statement is not true because Bitcoin has gained it's own value because of it's unique features. In the long run the cryptocurrency will go vanish because of high speculation in this field because of the no regulation yet. So, Only Bitcoin and the first runner in the altcoins sectors will go long.
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December 16, 2019, 01:16:01 PM
 #295

Bitcoin started it all,  but lets admit that bitcoin cant do anything,  there are altcoin use that bitcoin cant do,  it depends on what the developer's decision.

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December 16, 2019, 03:10:38 PM
 #296

Bitcoin started it all,  but lets admit that bitcoin cant do anything,  there are altcoin use that bitcoin cant do,  it depends on what the developer's decision.


Even though bitcoin was the beginning of cryptocurrency , now lot of trusted cryptocurrency get into the market. Eth is the the one among them. Altcoin was became a important one now. Because it's less expensive then bitcoin and you can hold huge amount of altcoin for less amount of dollars.

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December 16, 2019, 03:13:08 PM
 #297

Many investors including myself prefer to invest in altcoin because they are still very cheap and i can get many bags as i want, many investors are into altcoins because they have missed the bitcoin opportunity, now not everyone can afford a single bitcoin and they see opportunity in other coins

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December 16, 2019, 03:19:43 PM
 #298

Many investors including myself prefer to invest in altcoin because they are still very cheap and i can get many bags as i want, many investors are into altcoins because they have missed the bitcoin opportunity, now not everyone can afford a single bitcoin and they see opportunity in other coins
We are on the opposite side, the majority of my investment is in bitcoin and that is the top of my priorities. Altcoins also may good but those altcoins that have the potential to invest like the top 20 ranking altcoins in Coins Market Cap. Bitcoin will stand alone and that's is the reason why until now Bitcoin has existed and it becomes in the mainstream not just simple altcoins. Bitcoin will survive no matter there is no altcoins behind and believed if altcoins can't survive without bitcoin.

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December 17, 2019, 12:49:15 PM
 #299

Many investors including myself prefer to invest in altcoin because they are still very cheap and i can get many bags as i want, many investors are into altcoins because they have missed the bitcoin opportunity, now not everyone can afford a single bitcoin and they see opportunity in other coins
If we can invest in bitcoin and atlcoin why not. Every person must have a bad experience about what they never had before as a failure to invest into bitcoin and then he got a loss and do not want to invest into it again. But for me personally, both bitcoin and altcoin can both generate profits if we can find the right opportunity and determine the right time to buy and sell it.
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December 17, 2019, 02:58:16 PM
 #300

rarely does anyone hold one bitcoin, often everyone shares their portfolio in several parts, and bitcoin takes 20-30% in it. If he is there at all. I have seen many times that people trust altcoins more, in that altcoins can make larger Xs in growth than bitcoin. And you can focus on it, rise-fall, to compare with the behavior of your altcoins
altcoin can indeed make us rich faster now, if you buy Waves, Tomo, and INS you will get almost 100% profit, this is what traders and investors like, but the high dominance indicates that traders still hold large amounts of bitcoin
Yes, and altcoin investment is also the fastest way to get you to zero, altcoin investment is a very dangerous investment because the price of altcoin can rise and fall at any time. A few days ago I saw the collapse of Matic in just a few hours and thousands of other altcoins have collapsed 10-100 times in 2019, Don't be too greedy when you choose to invest altcoin. 95% of altcoin investors in 2019 are at a loss and the number of altcoin collapses will surely increase in the near future
Whatever can happen to us, from altcoin we can only get profits and can also experience failure which subsequently results in losses. 2019 is indeed an unprofitable year in my opinion because many coin prices fall and fall again but not all coins experience the same thing, some coins can still generate profits and profits or losses that we will get later depending on how we take or look for opportunities on a coin.
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