Post
Topic
Board Bitcoin Discussion
Re: Bitcoin has no competition
by
KennyR
on 04/01/2017, 22:48:39 UTC
I think the same.
Altcoin to me is just a way to multiply my bitcoins, sometimes all my bitcoins are invested in a few altcoins but in the end i sell all of them for more bitcoins.
Agreed.
Most people, along with myself, probably feel the same way, and use altcoins for the same purpose. The altcoin rate of change is much faster than bitcoins. While risky, the profits can present themselves much quicker than investing with bitcoin. But at the end of the day, all of that profit goes directly back into Bitcoin
altcoin rate of change is much faster than bitcoin because higher price and volume is smaller compared to other cryptocoin

The rate of change seems to be faster but it won't sustain long similar to the bitcoin price. Possibly if altcoins have similar potential on price sustainability the competence will be high. Now bitcoin has moved a step ahead competing with altcoins, so now competence is among them to follow bitcoin as runners.