BitDane
|
|
January 23, 2020, 11:22:19 AM |
|
As the subject goes, can we expect the newly developed Altcoin that can go beyond Bitcoin?
In terms of technology yes, there are lots of altcoin that already have an advantage towards Bitcoin. The only challenge is whether they can surpass the Bitcoin community and adoption which I think is very hard. Bitcoin is already established and well known around the world.
|
|
|
|
|
|
|
The Bitcoin software, network, and concept is called "Bitcoin" with a capitalized "B". Bitcoin currency units are called "bitcoins" with a lowercase "b" -- this is often abbreviated BTC.
|
|
|
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
|
|
|
|
Aying
Sr. Member
Offline
Activity: 784
Merit: 251
https://raiser.network
|
|
January 23, 2020, 11:31:45 AM |
|
In my opinion, there are big possibility that in few years there are one possible altcoin that will surpass bitcoin in many uses and for sure that more convenient with low fee and higher price. for now, there are a lot of altcoin that maybe possible but the devs are not sure on what they doing and not aiming for future. this is big responsibility so it takes more years that there are one altcoin that surpass bitcoin.
|
Watch out for this SPACE!
|
|
|
ven7net
|
|
January 23, 2020, 11:33:38 AM |
|
As the subject goes, can we expect the newly developed Altcoin that can go beyond Bitcoin?
I believe that not one altcoin can not be like BTC or better than it. All this is due to the fact that there is no task to do this, and also there are no resources for this. The fact that we often see flashy headlines, saying that the new cryptocurrency will become better than BTC, you need to understand that all this is a PR move no more. All cryptocurrencies have a specific goal and idea of creation, and based on the entire history of the existence of cryptocurrencies, we see that BTC was the first and all the others appeared from it. You need to understand that everything is tied to BTC, if for example it is moved from Olympus, then the entire crypto sphere will disappear.
|
|
|
|
gabbie2010
|
|
January 23, 2020, 11:42:08 AM |
|
As the subject goes, can we expect the newly developed Altcoin that can go beyond Bitcoin?
Bitcoin is widely accepted getting rid of it by another altcoin isn't possible it has a huge market capitalization and it volume traded daily is huge and massive that no any altcoin can match or beat, of course there is no reasons or basis to develop another altcoin better than bitcoin.
|
|
|
|
duuuuude
|
|
January 23, 2020, 12:15:20 PM |
|
Maybe anything but the question is different - in what aspect should altcoin be better? Because there are coins that are faster in transaction speed but inferior in another. Bitcoin is like a foundation that lives a separate life from the rest of the cryptocurrency)
|
|
|
|
Winscosinally
Member
Offline
Activity: 490
Merit: 16
|
|
January 23, 2020, 12:19:10 PM |
|
I've not seen any altcoin that's better than bitcoin, the best second coin is ETH and the rightful place on the list is 2nd, no coin can defeat bitcoin no matter how profitable they are or how many upgraded speed and transaction fee they charge, bitcoin will remain the winner
|
|
|
|
chaoscoinz
Sr. Member
Offline
Activity: 1151
Merit: 260
☆Gaget-Pack☆
|
|
January 23, 2020, 12:22:06 PM |
|
I believe that their may be already coins in existence that could surpass Bitcoin but unfortunately I think that their life expectancy roughly depends on the success of Bitcoin's success in order to eventually be able to thrive on it's own without worrying how Bitcoin is doing in the market first. As of right now there isn't any altcoin that can hold it's own within the market independent of Bitcoins volatility besides stable-coins (which of course work differently).
|
|
|
|
fuer44
|
|
January 23, 2020, 12:42:34 PM |
|
in my opinion etherum is the best altcoin, besides bitcoin. etherum always shows the highest market cap and volume among others, and etherum prices also always show a good graph.
|
|
|
|
ohyeahhaha122
Jr. Member
Offline
Activity: 267
Merit: 7
|
|
January 23, 2020, 02:29:22 PM |
|
I think not,as you can know having a lot of altcoins, although there are many highlights and superiority to bitcoin but there is still no coin that can replace bitcoin, bitcoin as a symbol of cryptocurrency, transaction volume is huge, newcomers to the market often think of bitcoin first, There seems no altcoin that can replace bitcoin
|
░▒▓ DFINANCE is New Age of DEFI ▓▒░ ░▒▓ A Non-Code Platform for Decentralized Trading Instruments ▓▒░ ░▒▓ https://dfinance.co ▓▒░
|
|
|
SaShiRaJaVu
|
|
January 23, 2020, 02:52:06 PM |
|
Maybe anything but the question is different - in what aspect should altcoin be better? Because there are coins that are faster in transaction speed but inferior in another. Bitcoin is like a foundation that lives a separate life from the rest of the cryptocurrency) The idea of other coins having faster transaction is because they might not be having the same kind of volume, other than that i am not aware of any coin having a superior technology than bitcoin. If you know any coin having a much better solution for scaling other than increasing the blocks i would like to know about those as i have not come across anything like that.
|
|
|
|
red4slash
|
|
January 23, 2020, 02:58:05 PM |
|
Maybe anything but the question is different - in what aspect should altcoin be better? Because there are coins that are faster in transaction speed but inferior in another. Bitcoin is like a foundation that lives a separate life from the rest of the cryptocurrency) The idea of other coins having faster transaction is because they might not be having the same kind of volume, other than that i am not aware of any coin having a superior technology than bitcoin. If you know any coin having a much better solution for scaling other than increasing the blocks i would like to know about those as i have not come across anything like that. maybe because they look more at transaction speed, so there are people who are of the view that their technology will be better and more efficient. but on a further level, bitcoin is still superior so I don't think there will be any altcoin that can surpass bitcoin in its superiority.
|
R |
▀▀▀▀▀▀▀██████▄▄ ████████████████ ▀▀▀▀█████▀▀▀█████ ████████▌███▐████ ▄▄▄▄█████▄▄▄█████ ████████████████ ▄▄▄▄▄▄▄██████▀▀ | LLBIT | │ | CRYPTO FUTURES | | | | | | | | | [ | 1,000x LEVERAGE | ] | [ | . COMPETITIVE FEES | ] | [ | INSTANT EXECUTION | ] | | | ██████ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██████ | ████████████████████████████████████████████████████████ . TRADE NOW . ████████████████████████████████████████████████████████ | ██████ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██████ |
|
|
|
el kaka22
Legendary
Offline
Activity: 3500
Merit: 1162
www.Crypto.Games: Multiple coins, multiple games
|
|
January 23, 2020, 03:02:25 PM |
|
You could invent "something" that could be better than bitcoin, however I doubt that will be altcoin. If you are still using the same technology as everyone else, why would people pick you over all other coins? However, if you invent a whole new technology and provide that to people, you can pass bitcoin. That is literally what bitcoin did, there was previous technological digital money in the world, bitcoin is not the first in history, however bitcoin was a much better option and people got into it, taking it to over 300 billion dollars one time.
If you can do what bitcoin did and improve on it like bitcoin, you can get people who prefer you over bitcoin itself because bitcoin will be old technology. However that won't happen with just one altcoin using same tech.
|
|
|
|
kodtycoon
Legendary
Offline
Activity: 1568
Merit: 1002
|
|
January 23, 2020, 03:12:25 PM |
|
there are already many altcoins there who have projects and ideas that are better than bitcoin, it's just that bitcoin is still too strong to be replaced, therefore for now there is still no one able to replace bitcoin even though they have better projects and ideas. we must be more patient for a big change because in the future anything can happen which of course with a big change will be a surprise
|
|
|
|
BeManga
|
|
January 23, 2020, 03:27:57 PM |
|
As the subject goes, can we expect the newly developed Altcoin that can go beyond Bitcoin?
in my opinion, it's nearly impossible as of now there already thousand of different altcoin some of them are good and have a different purpose but will never go beyond bitcoin
|
|
|
|
airdnasxela
|
|
January 23, 2020, 03:28:26 PM |
|
There are different factors when we say something is better. There are altcoins that are better when it comes to technicalities. And obviously more altcoin will emerge trying to be better than Bitcoin and providing what is lacking in Bitcoin. I think that's the reason why there's altcoin. They're trying to give more of what Bitcoin can give. But Bitcoin will remain as it is. It will still dominate the crypto market and new altcoins can not easily replace Bitcoin's place in the market.
|
|
|
|
Vishnu.Reang
|
|
January 23, 2020, 03:33:17 PM |
|
As of now, more than 10,000 different altcoins exist. And none of them have managed to give tough challenge to Bitcoin, which happens to be the original cryptocurrency. And the OP is talking about a scenario in which some new coin is going to do what all these thousands of alts failed to do. Theoretically, it may be possible. But I don't think that it will happen anytime soon.
|
|
|
|
meliodas
Sr. Member
Offline
Activity: 742
Merit: 329
CryptoTalk.Org - Get Paid for every Post!
|
|
January 23, 2020, 03:37:02 PM |
|
As of now, more than 10,000 different altcoins exist. And none of them have managed to give tough challenge to Bitcoin, which happens to be the original cryptocurrency. And the OP is talking about a scenario in which some new coin is going to do what all these thousands of alts failed to do. Theoretically, it may be possible. But I don't think that it will happen anytime soon.
In that amount of altcoins that are created in the field of cryptocurrency, there are few cryptocurrencies that are good enough to give tough and tight challenge to bitcoin and the reason why they are not competing or receiving a lot of attention is because, people are not that open minded to look for other opportunities because they are brainwashed that bitcoin is only the best coin make investment.
|
|
|
|
Meowth05
Sr. Member
Offline
Activity: 854
Merit: 267
★777Coin.com★ Fun BTC Casino!
|
|
January 23, 2020, 03:43:23 PM |
|
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. Exactly, I think there are now a lot of altcoins let say that is more efficient in Bitcoin in terms of speed, transactional speed, security and more but I don't think there is the only thing they can't take away from Bitcoin and I think is the fame. Bitcoin is the most well-known crypto coin in this industry, it gained a lot of attention that is why a lot of business and even countries who already partnered with this coin. Probably, there will be some coin that would be much better in Bitcoin but for now, they can't beat the volume it has.
|
|
|
|
CaVO32
|
|
January 23, 2020, 03:43:41 PM |
|
As of now, more than 10,000 different altcoins exist. And none of them have managed to give tough challenge to Bitcoin, which happens to be the original cryptocurrency. And the OP is talking about a scenario in which some new coin is going to do what all these thousands of alts failed to do. Theoretically, it may be possible. But I don't think that it will happen anytime soon.
In that amount of altcoins that are created in the field of cryptocurrency, there are few cryptocurrencies that are good enough to give tough and tight challenge to bitcoin and the reason why they are not competing or receiving a lot of attention is because, people are not that open minded to look for other opportunities because they are brainwashed that bitcoin is only the best coin make investment. i don't want to use the term brainwashed. but maybe, not open minded. the popularity of bitcoin usage can't really be overcome by most projects that are offering more benefits than bitcoin. truly, there are several projects that were created to be much superior than bitcoin, however, they can't compete with bitcoin because as you said, they are not open minded people. we want to stick with btc as much as we are stuck in using USD as the global currency. if you know someone who is not into crypto, if you ask if he has any idea with crypto, and the first thing that will come up to his mind, is bitcoin. all the other alts are just secondary or most of them don't know their existence.
|
|
|
|
Kersh768
Sr. Member
Offline
Activity: 658
Merit: 256
Freshdice.com
|
|
January 23, 2020, 03:54:00 PM |
|
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.
|
|
|
|
|