Quote from: Xester on February 10, 2017, 12:47:09 PM

Quote from: Harlot on February 10, 2017, 07:44:50 AM

Quote from: coynedterm on February 10, 2017, 07:36:22 AM

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 ?

In my opinion the users of bitcoin will results into down and most of the bitcoiner will think to exit bitcoin work .
Because in the bitcoin the only one and one way to make money is only trading .
You can think yourself easily because if no altcoin exists in the online money world then it became a complicated task to make money through bitcoin only .
So here altcoins are the main factor of the bitcoin and earning of bitcoin is mainly due to the altcoins .
Herr we can say bitcoin is only a way of payment to make deals between altcoin and nothing .
So people will take less interest in bitcoin if the bitcoin remain in online market without altcoins .

I doubt it will affect Bitcoin in a bad way. The creation of Bitcoin made the idea for other Altcoin to be out in the market. And that existence did not devalue Bitcoin in anyway. And I think if there is no Altcoins in the market Bitcoins price will go Up because the demand for all of the crypocurrency will be only for Bitcoin.

Bitcoin being the prototype cryptocurrency has exceed expectations of different individuals. And indeed bitcoin has become stronger that it doesnt need any alternative coins to exist. That even the disappearance of alternative coins could bring more intense price increase towards bitcoin. But alternative coins are also a good thing to happen to cryptocurrency that allows bitcoin to be more alive in trading.

Bitcoin was before any altcoin occured on the scene. I'm almost sure that 99% of altcoins are scam and will dissapear in the future. Technically you can add all the features: privacy, speed, security etc, to Bitcoin network and there is no need for a lot of competing altcoin. That is not to say that Bitcoin is perfect. I mean that we can implement, for example, Monero features on BTC and there is no need for XMR. But new technology, not using blockchain! are developed as well. So, we need new technologies because they are implementing advanced features Bitcoin currently doesn't have and it seems will not have in the future (huge capacity of TXs per second, AML/KYC features for business, instant TXs, privacy etc.). In this context we need projects innovating outside the field of blockchain, for example, Byteball. But in the area of blockchain innovations are also needed, for example, NEM project has many advantages over BTC network. Just check it.