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    Author Topic: Bitcoin without Altcoin ?  (Read 67977 times)

    • ivanst776
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    March 15, 2016, 01:15:58 PM
     #221
    Quote from: WikiCrypto on March 15, 2016, 01:08:01 PM
    bitcoin 1st crypto popular as usefull for payment .
    and altcoin only support cryptography revolution . so far bitcoin the best for me,
    bitcoin is always best. and best then every crypto currency. but some alternative currency also have good faith and trust. like dogecoin, litecoin and dash/dark coin. these are the altcoin who will live for long time and support bitcoin as well as they are doing.

  • tailwate07
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    March 15, 2016, 01:16:16 PM
     #222
    that used to be the case few years back when altcoins where not even released, Bitcoin can sustain itself by itself since it's a great financial system, just having some people interested in it is enough.

  • Mukyasa
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    March 25, 2016, 09:01:47 AM
     #223
    Quote from: tailwate07 on March 15, 2016, 01:16:16 PM
    that used to be the case few years back when altcoins where not even released, Bitcoin can sustain itself by itself since it's a great financial system, just having some people interested in it is enough.

    It is true. The Ethereum has a market cap of more than $1 billion. Without that, the $1 billion can raise the bitcoin price by $60.

  • crazyivan
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    March 25, 2016, 09:10:27 AM
     #224
    In terms of trade, which is very important for crypto, BTC would be nothing without altcoins. Imagine how trading would be boring if we would trade nothing but BTC.

    Also, altocoin ve brought a lot of innovations into crypto. All in all, BTC and alts is a win-win situation.
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  • Herbert2020
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    March 25, 2016, 09:52:07 AM
     #225
    Quote from: crazyivan on March 25, 2016, 09:10:27 AM
    In terms of trade, which is very important for crypto, BTC would be nothing without altcoins. Imagine how trading would be boring if we would trade nothing but BTC.

    Also, altocoin ve brought a lot of innovations into crypto. All in all, BTC and alts is a win-win situation.

    exactly. altcoins are an excellent source of making more bitcoin. i am sure a lot of users in altcoin boards couldn't have half the bitcoin they are holding right now if it weren't for altcoin trading Cheesy

    Quote from: Mukyasa on March 25, 2016, 09:01:47 AM
    Quote from: tailwate07 on March 15, 2016, 01:16:16 PM
    that used to be the case few years back when altcoins where not even released, Bitcoin can sustain itself by itself since it's a great financial system, just having some people interested in it is enough.

    It is true. The Ethereum has a market cap of more than $1 billion. Without that, the $1 billion can raise the bitcoin price by $60.

    yeah and Ethereum also has 80 million coins available already (which is 5 times more than current bitcoin supply BTW) and that ETH supply is growing by the day.
    anybody can do the math for its real worth after a while (hint check other altcoins with similar huge supply)
    Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip.
    Whales are those who keep buying the dip.

  • crazyivan
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    March 25, 2016, 09:54:48 AM
     #226
    Quote from: Herbert2020 on March 25, 2016, 09:52:07 AM
    Quote from: crazyivan on March 25, 2016, 09:10:27 AM
    In terms of trade, which is very important for crypto, BTC would be nothing without altcoins. Imagine how trading would be boring if we would trade nothing but BTC.

    Also, altocoin ve brought a lot of innovations into crypto. All in all, BTC and alts is a win-win situation.

    exactly. altcoins are an excellent source of making more bitcoin. i am sure a lot of users in altcoin boards couldn't have half the bitcoin they are holding right now if it weren't for altcoin trading Cheesy

    Quote from: Mukyasa on March 25, 2016, 09:01:47 AM
    Quote from: tailwate07 on March 15, 2016, 01:16:16 PM
    that used to be the case few years back when altcoins where not even released, Bitcoin can sustain itself by itself since it's a great financial system, just having some people interested in it is enough.

    It is true. The Ethereum has a market cap of more than $1 billion. Without that, the $1 billion can raise the bitcoin price by $60.

    yeah and Ethereum also has 80 million coins available already (which is 5 times more than current bitcoin supply BTW) and that ETH supply is growing by the day.
    anybody can do the math for its real worth after a while (hint check other altcoins with similar huge supply)

    True, but dont forget ETH plans to go to the PoS phase, probably this fall. At that time, supply s going to be seriously limited cause I highly doubt they would introduce more then 5% a year PoS.
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  • macaucun
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    March 25, 2016, 09:58:46 AM
     #227
    people will be bored if only trade bitcoin into fiat , what will be different with comodity

  • alisafidel58
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    March 25, 2016, 10:04:29 AM
     #228
    Quote from: crazyivan on March 25, 2016, 09:10:27 AM
    In terms of trade, which is very important for crypto, BTC would be nothing without altcoins. Imagine how trading would be boring if we would trade nothing but BTC.

    Also, altocoin ve brought a lot of innovations into crypto. All in all, BTC and alts is a win-win situation.


    Bitcoin really benefit a lot from alt coins as it keeps its price and the market rotation of bitcoin is good, a lot of people will have a hard time trading as the price might not be profitable for others.

  • btcltccoins
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    March 25, 2016, 10:15:17 AM
     #229
    It should be the other way around. Altcoin without bitcoin. Bitcoin was first to launch and is the most established digital currency.
    Its the Alt Coins which depends on bitcoins. You must have noticed that when Bitcoins prices increases, Altcoin prices also increases
    and vice versa.

  • btvGainer
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    March 25, 2016, 10:15:25 AM
     #230
    Quote from: OmegaStarScream on November 24, 2015, 05:43:15 PM
    I just wanted to get your opinions on this one , what do you think Bitcoin would be if there was no Alternative coins such Litecoin & Dogecoin and the others ...
    I mean it would be better with or without them Bitcoin would have no value at all ?
    Bitcoin would still be bitcoin with or without alt coins.I dont see alt coins have any effect on bitcoin value except that most altcoins are bought with bitcoin and their value is measured with respect to bitcoin

  • rio3233
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    March 25, 2016, 11:56:41 AM
     #231
    I think with or without Altcoin, bitcoin still okay with that. I mean if bitcoin without altcoin, i'm sure bitcoin's price will increase because all people focus on bitcoin, not altcoin.

  • jack1111
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    March 25, 2016, 01:05:44 PM
     #232
    it will be a shock for exchange sites , most of exchange sites will disappear , but there are no relations between bitcoin and altcoin .

  • Mbastia
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    March 25, 2016, 01:09:38 PM
     #233
    Quote from: rio3233 on March 25, 2016, 11:56:41 AM
    I think with or without Altcoin, bitcoin still okay with that. I mean if bitcoin without altcoin, i'm sure bitcoin's price will increase because all people focus on bitcoin, not altcoin.
    yh i think that there are so many useless Altcoin out their but there is some who gives a good image for the cryptocurrencys and that could help bitcoin and i think adopting bitcoin will make it increase more

  • crazyivan
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    March 25, 2016, 01:27:01 PM
     #234
    Quote from: Mbastia on March 25, 2016, 01:09:38 PM
    Quote from: rio3233 on March 25, 2016, 11:56:41 AM
    I think with or without Altcoin, bitcoin still okay with that. I mean if bitcoin without altcoin, i'm sure bitcoin's price will increase because all people focus on bitcoin, not altcoin.
    yh i think that there are so many useless Altcoin out their but there is some who gives a good image for the cryptocurrencys and that could help bitcoin and i think adopting bitcoin will make it increase more

    Those useless ones die fast. I m talking about 50 the most prominent ones, crypto needs them. It s like having we should drive only BMW cause it s one of the best cars in the world. Yet, I still drive my Opel.
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  • Imste
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    March 25, 2016, 04:26:51 PM
     #235
    There is many altcoins that has its place and its purpose.

    However, Bitcoin would do totally fine without them.
    Would it do better? I honestly have no idea.

  • KennyR
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    March 25, 2016, 04:48:48 PM
     #236
    Quote from: simonloff on March 15, 2016, 01:04:34 PM
    bitcoin can normally exist without altcoins and would be fine since it's the original, it already existed without altcoins before litecoin was made, I don't think altcoins can exist without bitcoin though.

    Yeah altcoin might have not existed if there is no bitcoin. But bitcoin has grown up to this level only because of altcoin because they started competing with bitcoin.

  • MedaR
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    March 25, 2016, 04:58:01 PM
     #237
    Quote from: macaucun on March 25, 2016, 09:58:46 AM
    people will be bored if only trade bitcoin into fiat , what will be different with comodity
    Yes this is true, with alts we have diversity and with diversity you don't have monopoly, which is in theory.
    But already we have BTC monopoly and many alts are welcomed with knives. I love alts i have many successful trades behind me which i can thanks to alts.
    You can rent this space

  • Mr.grin
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    March 25, 2016, 05:03:48 PM
     #238
    Quote from: KennyR on March 25, 2016, 04:48:48 PM
    Quote from: simonloff on March 15, 2016, 01:04:34 PM
    bitcoin can normally exist without altcoins and would be fine since it's the original, it already existed without altcoins before litecoin was made, I don't think altcoins can exist without bitcoin though.

    Yeah altcoin might have not existed if there is no bitcoin. But bitcoin has grown up to this level only because of altcoin because they started competing with bitcoin.
    Well, basically altcoin born because of the bitcoin. so if bitcoin without altcoin then everything will be fine, but if altcoin without bitcoin, I am sure it will not last long

  • arbitrage
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    March 25, 2016, 06:10:20 PM
     #239
    Alts are not danger for bitcoin so i think they have good influence on community, many new ideas are born in altcoin sections that can be applied to bitcoin also or at least they can show right way of the progress.

  • severaldetails
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    March 25, 2016, 06:29:23 PM
     #240
    Bitcoin needs altcoins. Without traders, the community would be much smaller, maybe bitcoin wouldn't have made it till today.
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