Bitcoin Forum
May 05, 2024, 05:32:15 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 2 3 [4] 5 6 »  All
  Print  
Author Topic: Is it still possible to invent certain Altcoin that can be better than Bitcoin?  (Read 572 times)
Lagduf
Sr. Member
****
Offline Offline

Activity: 1162
Merit: 260



View Profile
January 23, 2020, 04:08:39 PM
 #61




As the subject goes, can we expect the newly developed Altcoin that can go beyond Bitcoin?

Why are people always thinking about creating or wishing that an Altcoin can go better beyond what Bitcoin can do for us. Mostly, people do keep on comparing those type of cryptocurrency that must not be because they do possess their own unique use and value for the daily lives of the people who believes in it. Also, what can we ask more for Bitcoin? It has already a wide range of usage and is the most popular and trusted cryptocurrency we can have in this industry. Instead of creating Altcoins that can go better than Bitcoin, why don't we just brainstorm on creating and generating ideas on how we can help the world to resolve its existing problems by using the modern technology to provide modern solutions in which we can use cryptocurrency.  It can be possible to create such Altcoin but what will be the real essence of doing such when we already have Bitcoin that have wide range of usage and already existing Altcoins that can fill up those that cannot be catered by Bitcoin alone.
If he was a newcomer and that's not a problem to talk about this caused by he was not aware of the fact. This can be seen from the various perspective as there is a lot of aspects that need to be considered before.
Bitcoin and altcoin have their own advantages and some people may still think if altcoin can go beyond than bitcoin and for me, that's not a big problem.

▄████████████▄▄▄▄▄▄▄▄
 ████▀▀▀▀▀▀▀▀▀▀▀████████▄▄
█████                 ▀▀███▄
█████▄                   ▀██▄
███▀███▄                  ███
███  ▀████▄▄▄▄▄▄▄▄▄       ███
███     ▀▀▀▀▀███████████▄▄██▀
███                   ▀▀████
███      ▄▄▄▄▄▄▄▄▄▄██████▀▄█▄
███   ▄███████▀▀▀▀▀▀▀▀▀   ▀██
███ ▄██▀▀                  ██
██████                    ██▀
█████                   ▄██▀
▀████▄       ▄▄▄▄▄▄▄▄████▀
 ▀
█████████████▀▀▀▀▀▀▀▀
.
billionair
A TOKEN POWERED RAFFLE PLATFORM
IN THE BSC ECOSYSTEM
▄█████████████████████▄
███████████████████████
████▀███████▀   ▀▀▀▄███
███▌  ▀▀███▌       ▄███
███▀               ████
███▄              █████
████▄            ██████
█████▄▄        ▄███████
████▄       ▄██████████
███████████████████████
▀█████████████████████▀
▄█████████████████████▄
███████████████████████
████████████████▀▀█████
███████████▀▀▀    █████
██████▀▀▀   ▄▀   ██████
███▄     ▄█▀     ██████
██████▄ █▀      ███████
███████▌▐       ███████
████████ ▄██▄  ████████
██████████████▄████████
▀█████████████████████▀
▄█████████████████████▄
█████▀▀▀▀▀▀▀▀▀▀▀▀██████
███▀ ████████████ ▀████
██  ██████▀▀▀██  █  ███
██  ████▀ ███ ▀███  ███
██  ███▀ █████ ▀██  ███
██  ███▄ █████ ▄██  ███
██  █████ ▀▀▀ ████  ███
██  ██████████████  ███
███▄ ████████████ ▄████
▀████▄▄▄▄▄▄▄▄▄▄▄▄█████▀
▄███████▀▀▀▀████████▀▀▀▀█████████▄
█████▀  ▄▄██▀▀▀▀▀▀▀▀██▄▄  ▀███████
█████  ▀▀▀              ▀▀▀  █████
███                            ███
██                              ██
██        ████      ████        ██
█        ██████    ██████        █
█         ████      ████         █
█                                █
█      ▀▄▄              ▄▄▀      █
██▄      ▀▀█▄▄▄▄▄▄▄▄▄▄█▀▀      ▄██
███▄▄      ██████████      ▄▄█████
███████▄▄▄████████████▄▄▄█████████
▀████████████████████████████████▀
.
JOIN AIRDROP
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.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1714887135
Hero Member
*
Offline Offline

Posts: 1714887135

View Profile Personal Message (Offline)

Ignore
1714887135
Reply with quote  #2

1714887135
Report to moderator
nutriagrigia
Sr. Member
****
Offline Offline

Activity: 1270
Merit: 254


Oikos.cash | Decentralized Finance on Tron


View Profile
January 23, 2020, 04:10:14 PM
 #62

of course, it is not possible. there will be no altcoin that can gain more popularity than bitcoin itself. it is possible that if some kind of stablecoin will appears on the market that will be created by a large country, for example, China, it will be able to get capitalization higher than bitcoin, but I think that it will only be temporary because after some time people will stop using it and switch to bitcoin


█▀█ █ █▄▀ █▀█ █▀ ░ █▀▀ ▄▀█ █▀ █░█
█▄█ █ █░█ █▄█ ▄█ ▄ █▄▄ █▀█ ▄█ █▀█



DeFi on Tron
and trustless token exchange
█████











█████

██████████████████████████████████████████████████████

JOIN OIKOS

██████████████████████████████████████████████████████

█████
    █
    █
    █
    █
    █
    █
    █
    █
    █
    █
    █
█████
Mihaylovic
Sr. Member
****
Offline Offline

Activity: 910
Merit: 255


View Profile
January 23, 2020, 04:13:09 PM
 #63




As the subject goes, can we expect the newly developed Altcoin that can go beyond Bitcoin?

it is very possible. And there are already better blockchain solutions. but bitcoin is the first and most known one and that is why bitcoin dominates all the market.
Hamphser
Sr. Member
****
Offline Offline

Activity: 2478
Merit: 326



View Profile
January 23, 2020, 04:13:51 PM
 #64




As the subject goes, can we expect the newly developed Altcoin that can go beyond Bitcoin?
I think almost every projects try to invent such the "the next bitcoin but all of them failed. There's no future in making a cryptocurrency project if it is totally centralized. It is beyond of what the bitcoin is doing in its entire existence. Nowadays is getting hard to make such projects without any approval of the government because scam was very rampant before.

███████████████████████
████████████████████
██████████████████
████████████████████
███▀▀▀█████████████████
███▄▄▄█████████████████
██████████████████████
██████████████████████
███████████████████████
█████████████████████
███████████████████
███████████████
████████████████████████
███████████████████████████
███████████████████████████
███████████████████████████
█████████▀▀██▀██▀▀█████████
█████████████▄█████████████
███████████████████████
████████████████████████
████████████▄█▄█████████
████████▀▀███████████
██████████████████
▀███████████████████▀
▀███████████████▀
█████████████████████████
O F F I C I A L   P A R T N E R S
▬▬▬▬▬▬▬▬▬▬
ASTON VILLA FC
BURNLEY FC
BK8?█▀▀▀











█▄▄▄
.
PLAY NOW
▀▀▀█











▄▄▄█
Obito
Sr. Member
****
Offline Offline

Activity: 1274
Merit: 293


View Profile
January 23, 2020, 04:38:44 PM
 #65

As the subject goes, can we expect the newly developed Altcoin that can go beyond Bitcoin?

There will maybe a time that would to rapidly rise close to bitcoin. It could be possible but it should have to what it takes to be worthy of such high demand. It is so hard to say it so but the capacity of human to create those thing is unpredictable. Just for now, no one can, but maybe sooner or later on there will come a very rare idea worthy of getting so much attention that we cannot yet grasp for now.
Murat
Hero Member
*****
Offline Offline

Activity: 2156
Merit: 711

Telegram @tokensfund


View Profile
January 23, 2020, 04:47:44 PM
 #66

Why Not? It's possible and even everything is possible in this techno-based world, but at first, you need to focus on what features do you need and which perspective you are thinking better than Bitcoin, If you say about the faster platform then you may invent some other altcoin, if you think you are going to make a low fees based altcoin then it also possible but one thing you can't compare and invent that's familiarity, Bitcoin itself a brand on this cryptocurrency world, I think Nothing reaches the level of Bitcoin because it was the first stage of Blockchain and people knows actually cryptocurrency through Bitcoin.

spadormie
Sr. Member
****
Offline Offline

Activity: 840
Merit: 268



View Profile
January 23, 2020, 04:54:27 PM
 #67

It should be specific in answering this question. In what terms that alt should be better than bitcoin? Is it on its transaction speed? If it is, then we already have alts for that. XRP, for a minute you can already receive it from one wallet to another. Or is it in terms of lowering the transaction fee? We also have that now. But for the price, it's very uneasy for a new altcoin to rise for it to take over bitcoin in terms of price. Even eth standing for how many years, still not enough to take over the king.




.




  ▄▄▄▄▄▄▄▄▄▄▄▄▄
▄████████▀▀▀▀███▄
███████▀     ████
███████   ███████
█████        ████
███████   ███████
▀██████   ██████▀
  ▀▀▀▀▀   ▀▀▀▀▀

  ▄▄▄▄▄▄▄▄▄▄▄▄▄
▄██▀▀▀▀▀▀▀▀▀▀▀██▄
██    ▄▄▄▄▄ ▀  ██
██   █▀   ▀█   ██
██   █▄   ▄█   ██
██    ▀▀▀▀▀    ██
▀██▄▄▄▄▄▄▄▄▄▄▄██▀
  ▀▀▀▀▀▀▀▀▀▀▀▀▀

            ▄▄▄
█▄▄      ████████▄
 █████▄▄████████▌
▀██████████████▌
  █████████████
  ▀██████████▀
   ▄▄██████▀
    ▀▀▀▀▀

    ██  ██
  ███████████▄
    ██      ▀█
    ██▄▄▄▄▄▄█▀
    ██▀▀▀▀▀▀█▄
    ██      ▄█
  ███████████▀
    ██  ██




               ▄
       ▄  ▄█▄ ▀█▀      ▄
      ▀█▀  ▀   ▄  ▄█▄ ▀█▀
███▄▄▄        ▀█▀  ▀     ▄▄▄███       ▐█▄    ▄█▌   ▐█▌   █▄    ▐█▌   ████████   █████▄     ██    ▄█████▄▄   ▐█████▌
████████▄▄           ▄▄████████       ▐███▄▄███▌   ▐█▌   ███▄  ▐█▌      ██      █▌  ▀██    ██   ▄██▀   ▀▀   ▐█
███████████▄       ▄███████████       ▐█▌▀██▀▐█▌   ▐█▌   ██▀██▄▐█▌      ██      █▌   ▐█▌   ██   ██          ▐█████▌
 ████████████     ████████████        ▐█▌    ▐█▌   ▐█▌   ██  ▀███▌      ██      █▌  ▄██    ██   ▀██▄   ▄▄   ▐█
  ████████████   ████████████         ▐█▌    ▐█▌   ▐█▌   ██    ▀█▌      ██      █████▀     ██    ▀█████▀▀   ▐█████▌
   ▀███████████ ███████████▀
     ▀███████████████████▀
        ▀▀▀█████████▀▀▀
FIND OUT MORE AT MINTDICE.COM
Lynfax
Newbie
*
Offline Offline

Activity: 32
Merit: 0


View Profile
January 23, 2020, 05:31:25 PM
 #68

It should be specific in answering this question. In what terms that alt should be better than bitcoin? Is it on its transaction speed? If it is, then we already have alts for that. XRP, for a minute you can already receive it from one wallet to another. Or is it in terms of lowering the transaction fee? We also have that now. But for the price, it's very uneasy for a new altcoin to rise for it to take over bitcoin in terms of price. Even eth standing for how many years, still not enough to take over the king.

The problem is - every new currency have to wait several years before it makes visible progress.
But all that time in "queue" technologies of each currency gets older.
And so by the time when currency is somewhere near top it is already loses to fresh ones, but still can't compete with the king
mobilestrike
Hero Member
*****
Offline Offline

Activity: 907
Merit: 500



View Profile
January 23, 2020, 05:34:43 PM
 #69




As the subject goes, can we expect the newly developed Altcoin that can go beyond Bitcoin?
Many developers are presenting new edits in the code to show that they have something better in their system than bitcoin but it take a high struggle for a project to reach to the level of bitcoin which I think is impossible that any other coin will attain. Many people have spend time in searching for bitcoin and many people worked hard to convince others to adopt bitcoin which I have not saw in any other community of any coin.
julius caesar
Full Member
***
Offline Offline

Activity: 644
Merit: 127


★Bitvest.io★ Play Plinko or Invest!


View Profile
January 23, 2020, 05:37:20 PM
 #70

I think if you are going to create an altcoin, it maybe can compete with bitcoin in terms of the transaction speed. But if you are going to compete against bitcoin price? That is kinda impossible. You need to gain a lot of investors first that will trust the coin that you have so that you can compete against bitcoin.

NathanJB
Sr. Member
****
Offline Offline

Activity: 756
Merit: 251


View Profile
January 24, 2020, 02:50:59 AM
 #71

As the subject goes, can we expect the newly developed Altcoin that can go beyond Bitcoin?

Better in terms of what? If in terms of transaction speed, yes, and we already have faster altcoins. If in terms of fees, yes, and we already have altcoins offering much lower fees. If in terms of anonymity, yes, and we have much more private altcoins. So in terms of scalability, privacy, and other features we have much better altcoins. But the face of crypto is Bitcoin. Bitcoin is the god of crypto. Bitcoin is trusted, used, accepted, owned, coveted, etc more than all the altcoins combined. 

What more can we ask for? This is ultimately complete and a strong currency for now, and even fiat cash couldn't overtake what legacy did bitcoin brought to us. Making bitcoin as God of crypto, can't be aligned to that but maybe I believed it was a father of crypto. If somebody can generate something that's more advantage beyond bitcoin's feature, I bet it's too difficult for him unless he is investing the entire saving he had and he should be one of the whales to establish an own cryptocurrency business.

Bitcoin is not ultimately complete as what you've said. It is not the strongest currency because it is in fact more used not as a currency but as an asset or a store of value. Bitcoin needs to develop further for it to become a strong currency. But fundamentally, Bitcoin is already great and we are going to become a better currency someday.
In cryptocurrency it can be said that bitcoin is the best among the others because we know that the features of dibitcoin are my trusted ones compared to altcoin. But this does not mean that altcoin is bad and there is no possibility for altcoin to overtake bitcoin, anything can happen later but for me for now bitcoin will be in the top position for a long time.


Bitcoin has already been overtaken in terms of certain features but it cannot be overtaken absolutely because Bitcoin is the first decentralized cryptocurrency that this world see. It cannot be taken out from the throne simply because its features are already improved by a few altcoins. That will not happen. Bitcoin is the corner stone in the whole of crypto. And it is still developing so it is still improving until now.
setialovers
Member
**
Offline Offline

Activity: 812
Merit: 11


View Profile
January 24, 2020, 03:33:50 AM
 #72




As the subject goes, can we expect the newly developed Altcoin that can go beyond Bitcoin?

Maybe in terms of technology or transaction speed, there is altcoin that is able to rival Bitcoin but it's about investor confidence. Investor confidence in Bitcoin in the cryptocurrency market makes Bitcoin prices high and I think there might be an altcoin that rivals Bitcoin but it takes a long time to gain trust
BigBos
Sr. Member
****
Offline Offline

Activity: 1876
Merit: 447


View Profile
January 24, 2020, 03:43:19 AM
 #73

After ETH, BCH, BNB, and other altcoins are rumored to be passing bitcoin, I think the potential for other altcoins will emerge. until now the development for the sake of development continues to be done to make high-quality altcoin and be able to beat bitcoin. it's just that, I believe one thing that no altcoin will be able to surpass bitcoin, even most altcoins follow in the footsteps of bitcoin.
cryp24x
Sr. Member
****
Offline Offline

Activity: 1190
Merit: 253



View Profile
January 24, 2020, 03:53:09 AM
 #74

I think you have to be very specific with what you are asking. Om.what aspect should be the altcoin better than Botcoin?  As for me, everything is possible in Cryptocurrency but still even the Altcoin is better than Bitcoin. Bitcoin will remain memorable because it is the mother of all cryptos and its popularity will never fade. When you think of Crypto then you will remember Bitcoin.
Yaunfitda
Hero Member
*****
Offline Offline

Activity: 2842
Merit: 575



View Profile
January 24, 2020, 04:51:39 AM
 #75

There are a lot of altcoins today that is better that bitcoin.

But the problem is that they are not the first and prime mover of crypto, that's why they are called alternative coins. So I have doubts that we can see coins that are going to topple bitcoin on top, specially regarding the price.

███████████████████████████████
███████████████████████████████
███▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀███████████
█████████████▀▀        ▀▀██████
██████▀▀▀▀▀▀              ▀████
██████████▀     ▄▄██▄▄     ▀███
██████████      ██████      ███
██████████▄     ▀▀██▀▀     ▄███
██████▄▄▄▄▄▄              ▄████
█████████████▄▄        ▄▄██████
███▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄███████████
███████████████████████████████
███████████████████████████████
.
|
▄▄███████▄▄
▄████▀▀▀▀▀▀▀████▄
▄███▀▄▄███████▄▄▀███▄
▄██▀▄█▀▀▀█████▀▀▀█▄▀██▄
▄██▄██████▀████░███▄██▄
███░████████▀██░████░███
███░████░█▄████▀░████░███
███░████░███▄████████░███
▀██▄▀███░█████▄█████▀▄██▀
▀██▄▀█▄▄▄██████▄██▀▄██▀
▀███▄▀▀███████▀▀▄███▀
▀████▄▄▄▄▄▄▄████▀
▀▀███████▀▀
SSC NAPOLI
OFFICIAL EUROPEAN
BETTING PARTNER
|.ROLLBOTS.|
▄▄███████▄▄
▄███████████████▄
▄███████████████████▄
▄██▀▀▀▀▀▀▀▀▀▀▀▀▀▀█████▄
▄█████████▀████████▀████▄
██████▄▄▄█████▄▄█████████
█████████████████████████
██████▀▀▀█████▀▀█████████
▀█████████▄████████▄████▀
▀██▄▄▄▄▄▄▄▄▄▄▄▄▄▄█████▀
▀███████████████████▀
▀███████████████▀
▀▀███████▀▀
ROLLBIT COIN
TRADE RLB NOW!
|...PLAY NOW...
mahilchii
Member
**
Offline Offline

Activity: 560
Merit: 13


View Profile
January 24, 2020, 05:09:46 AM
 #76

Bitcoins dominance is very high and it's development are more stronger and secure that's the reason it is considered as the "king". Yes in crypto anything can happen but it might take ages for a altcoin to beat BTC, because BTC was the first decentralised digital money and it's popularity is very high among the altcoins. BTC is still developing and coming up with new innovative ideas to grow more and more hence I will say no alts can beat BTC.

LouVandetta
Sr. Member
****
Offline Offline

Activity: 602
Merit: 253



View Profile
January 24, 2020, 05:18:23 AM
 #77

Better than bitcoin in what way exactly?  I mean, in terms of transaction speeds we have a lot of other altcoins that is so much faster than bitcoin is. And also there are a lot of altcoins with a lower fees. But if one want to make altcoin that could possibly overtake bitcoin, well, I don't think that's possible. Not now at least. Even major alts cannot beat bitcoin in so many ways.
Polar91
Hero Member
*****
Offline Offline

Activity: 1120
Merit: 553

Filipino Translator 🇵🇭


View Profile WWW
January 24, 2020, 05:25:08 AM
 #78

If w could think of the fact that market is a big circle of competition, we could analyze that there is already various altcoins created that mostly aims to surpass bitcoin but they end up falling to these circle of big competition. As a result, top altcoins such as XRP and ETH remains at the 2nd and 3rd just because they have the best capability to offer in the market. Too bad that Ethereum doesn't have a fix volume that makes it incapable of makings market price higher than bitcoin. Because mainly in economics, if the supply is infinite, we couldn't drive further the market price of Ethereum.
anjiitem
Sr. Member
****
Offline Offline

Activity: 784
Merit: 250


Vave.com - Crypto Casino


View Profile
January 24, 2020, 05:37:21 AM
 #79




As the subject goes, can we expect the newly developed Altcoin that can go beyond Bitcoin?

Why are people always thinking about creating or wishing that an Altcoin can go better beyond what Bitcoin can do for us. Mostly, people do keep on comparing those type of cryptocurrency that must not be because they do possess their own unique use and value for the daily lives of the people who believes in it. Also, what can we ask more for Bitcoin? It has already a wide range of usage and is the most popular and trusted cryptocurrency we can have in this industry. Instead of creating Altcoins that can go better than Bitcoin, why don't we just brainstorm on creating and generating ideas on how we can help the world to resolve its existing problems by using the modern technology to provide modern solutions in which we can use cryptocurrency.  It can be possible to create such Altcoin but what will be the real essence of doing such when we already have Bitcoin that have wide range of usage and already existing Altcoins that can fill up those that cannot be catered by Bitcoin alone.
If he was a newcomer and that's not a problem to talk about this caused by he was not aware of the fact. This can be seen from the various perspective as there is a lot of aspects that need to be considered before.
Bitcoin and altcoin have their own advantages and some people may still think if altcoin can go beyond than bitcoin and for me, that's not a big problem.
Whether later there is altcoin that can surpass bitcoin or not, we don't know what will happen later but for me personally bitcoin will remain in the top position for a long time and maybe even bitcoin will continue to be at the top. But if something happens or a big factor has an effect on cryptocurrency and there is an altcoin that can stay afloat, it may be able to surpass bitcoin. But I don't really think about it, for me right now the most important thing is how I can continue to survive in and produce in cryptocurrency.

yulionoo
Sr. Member
****
Offline Offline

Activity: 756
Merit: 250

CryptoTalk.Org - Get Paid for every Post!


View Profile
January 24, 2020, 05:41:08 AM
 #80

I don't think there can be a new altcoin that can surpass bitcoin. because altcoin has existed since a few years ago and there have been very many thousands of altcoin but in reality until now there has been no altcoin that can exceed the price of bitcoin. and currently the price of bitcoin is very expensive it will be very difficult to surpass the price of bitcoin.

 
                                . ██████████.
                              .████████████████.
                           .██████████████████████.
                        -█████████████████████████████
                     .██████████████████████████████████.
                  -█████████████████████████████████████████
               -███████████████████████████████████████████████
           .-█████████████████████████████████████████████████████.
        .████████████████████████████████████████████████████████████
       .██████████████████████████████████████████████████████████████.
       .██████████████████████████████████████████████████████████████.
       ..████████████████████████████████████████████████████████████..
       .   .██████████████████████████████████████████████████████.
       .      .████████████████████████████████████████████████.

       .       .██████████████████████████████████████████████
       .    ██████████████████████████████████████████████████████
       .█████████████████████████████████████████████████████████████.
        .███████████████████████████████████████████████████████████
           .█████████████████████████████████████████████████████
              .████████████████████████████████████████████████
                   ████████████████████████████████████████
                      ██████████████████████████████████
                          ██████████████████████████
                             ████████████████████
                               ████████████████
                                   █████████
YoBit AirDrop $|
Get 700 YoDollars for Free!
🏆
Pages: « 1 2 3 [4] 5 6 »  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!