Post
Topic
Board Bitcoin Discussion
Re: Bitcoin needs altcoins because ...
by
YTBitcoin
on 03/04/2017, 14:32:27 UTC
I do not think Bitcoin needs altcoins. Each altcoin brings different innovations. But as a payment system, Bitcoin already meets our needs.
Even if there is no altcoin, bitcoin will continue to exist in the population.
I think bitcoin also need altcoin to foster price. Well, to buy altcoin, or distribute bitcoin, sometimes it takes a bitcoin, so, people need to form altcoin bitcoin, and bitcoin it makes the price to rise. Well, now very much a project and of course it affects the price of bitcoin.

People value the value of something. Even if there are no altcoins, people can claim bitcoin. As people buy bitcoin, the price will already increase. There is no need for altcoins for this.
yes and if there will be no any altcoin then everyone will do focus on only bitcoin and will invest all of their money only in bitcoin and then the price of bitcoin will increase much higher and the governments will also start to work for the adoption of bitcoin when everyone will work for that.