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Author Topic: Is it still possible to invent certain Altcoin that can be better than Bitcoin?  (Read 572 times)
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January 23, 2020, 02:01:15 AM
 #1




As the subject goes, can we expect the newly developed Altcoin that can go beyond Bitcoin?
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January 23, 2020, 02:11:22 AM
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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. 
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January 23, 2020, 02:39:11 AM
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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.
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January 23, 2020, 02:52:05 AM
 #4

I think he reffer for price, and he think maybe a new altcoins will get so high price as bitcoin hit and buy or mine it from start, but is hard to know which altcoin will grow so much, even for bitcoin it take years to be where is.
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January 23, 2020, 03:00:18 AM
 #5




As the subject goes, can we expect the newly developed Altcoin that can go beyond Bitcoin?
If your question elated to the price of altcoin that can go even higher than bitcoin and the answer will be there is no altcoin can surpass bitcoin but when your question is about the tech and there is a lot of altcoins that have already developed the tech that can surpass bitcoin especially in the scalability. You should give more explanation about your question whether it's about the price of the tech of the coin itself.

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January 23, 2020, 03:05:01 AM
 #6

1. Possibility of developing a more technically advanced alt than Bitcoin: 100%

2. Possibility of countering Bitcoin's network effect: unknown.

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January 23, 2020, 03:05:14 AM
 #7




As the subject goes, can we expect the newly developed Altcoin that can go beyond Bitcoin?
Like what people said, there are a lot of possibilities in cryptocurrency. If in future an altcoin can bring everything that people want in bitcoin and not happen yet why not we support it, cryptocurrency itself is not all about bitcoin, everything that can be profitable for us must get support from us.

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January 23, 2020, 03:05:45 AM
 #8

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. 

Can't put it any better than this. There are other cryptocurrencies, which are superior to Bitcoin as far as the technology is considered. But the fact is that none of them have been able to replace Bitcoin so far. In terms of popularity and adoption, Bitcoin remains supreme and unchallenged. So in the future as well, we can expect this situation to remain unchanged. We may witness the creation of cryptocurrencies backed up with better technology, but in terms of user adoption none of them will be able to overtake BTC.

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January 23, 2020, 03:07:16 AM
 #9

If you look at some altcoins in the market we can say that there are so many better than bitcoin in terms of technology itself. But the problem with this altcoins are some of them turns into centralized in some way and people dont want centralization on some aspects. What truly people wants is decentralization so that no central authority can control it.
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January 23, 2020, 03:33:56 AM
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As the subject goes, can we expect the newly developed Altcoin that can go beyond Bitcoin?
Up to now, we have a lot of altcoins better than Bitcoin. Many altcoins have been created to replace Bitcoin in this market, but all failed, although altcoins have faster transaction speeds, cheaper fees, and are easier to use, but no altcoins can surpassing bitcoin in this market. Bitcoin is unique and it is the king of this market

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January 23, 2020, 03:34:15 AM
 #11




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

what on altcoin is now all complete. Want to expect what else?
BTC is the culmination of altcoin, security, speed, cost, confidentiality, everything is contained therein. And not only BTC, many other altcoins that have similar systems with different capabilities. There is no complete product that certainly has advantages and disadvantages, but for now cryptocurrency is nearing perfect, almost every aspect of life has felt how important and efficient if crypto is involved in it.

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January 23, 2020, 03:40:32 AM
 #12




As the subject goes, can we expect the newly developed Altcoin that can go beyond Bitcoin?
Up to now, we have a lot of altcoins better than Bitcoin. Many altcoins have been created to replace Bitcoin in this market, but all failed, although altcoins have faster transaction speeds, cheaper fees, and are easier to use, but no altcoins can surpassing bitcoin in this market. Bitcoin is unique and it is the king of this market
trust in bitcoin is higher than in other altcoins, with the advantages of altcoin, in fact it cannot outperform bitcoin. this can be seen from the volume of bitcoin which reaches around 70% of the total altcoin available. and I think that until later bitcoin will remain the mother of altcoin


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January 23, 2020, 03:53:17 AM
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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.
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January 23, 2020, 04:05:07 AM
 #14

I think it depends on how people define "better"

In terms of transaction speed?
In terms of algorithm to safe guard the blockchain?

Well its up to what people think on what needed to improve
For now, i would say Bitcoin are a single entity that shouldn't really be compare with Alts because they have different nature

Alts are more flexible and could be use as a utility tokens
Bitcoin is not in this case
Bitcoin are more off a ancient coin where people mainly use as another medium for buying/selling

So the key word "better", is really subjective
I can make an altcoin with 1000x faster transaction speed than Bitcoin, but that doesn't mean my token will have value just because it has a fast transaction speed
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January 23, 2020, 05:00:34 AM
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These new altcoins are literally trying to do just this. Offering so much features, proposing to solve the problem that bitcoin currently has and even trying to come up with the upgrade of blockchain which in my opinion is full of gimmicks. Despite all of that, they still can't compete with bitcoin which has less feature and less gimmicks simply because bitcoin just works and reliable. If you are talking about alt that gonna surpass bitcoin in term of market capitalization or market dominance, I can't see any altcoin do that in the near future.

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January 23, 2020, 05:19:43 AM
 #16

finding a new altcoin that is better than the current altcoin might be possible. But when compared to bitcoin, I think that's a bit difficult. If the price comparison, bitcoin is too far in price, when compared to the community, everyone must be here to know bitcoin and not necessarily with this new altcoin project.
I don't think we need altcoin that can surpass bitcoin, what we need now is an altcoin which can spread crypto adoption well and quickly. Of course, with products that are directly useful in a field. For example, altcoin can be used for agriculture, buying seeds to harvest or other services related to this.



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January 23, 2020, 05:35:41 AM
 #17

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.
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January 23, 2020, 05:40:38 AM
 #18




As the subject goes, can we expect the newly developed Altcoin that can go beyond Bitcoin?
No i don't think so, what makes every other coins better than bitcoin is already available in many new altcoins and still yet they never took over bitcoin's crown, bitcoin will remain the mother of all coins forever

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January 23, 2020, 05:47:19 AM
 #19

If you thought to surpassing bitcoin price then i have to says it's quite impossible because so far bitcoin can be considered as one of the most expensive cryptocurrency but if in the terms of the price of movements then maybe there will be new altcoins will surpassing bitcoin from speed of increasing price and yes it is profitable if you invest at these kind of altcoins but i think to seeking new altcoin can increase the price rapidly for short term is quite difficult and maybe in this year in the middle of thousands of altcoins only one or several altcoins can able to do that

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January 23, 2020, 05:48:04 AM
 #20

No i don't think so, what makes every other coins better than bitcoin is already available in many new altcoins and still yet they never took over bitcoin's crown, bitcoin will remain the mother of all coins forever
I think this is just a trust factor, where the world community or Crypto lovers trust Bitcoin more than Altcoin, even though Altcoin is present with various advanced features. Bitcoin remains the mother of all Crypto, but we are also thankful for the presence various kinds of Altcoin which can be an alternative for us in making transactions.

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