Post
Topic
Board Speculation (Altcoins)
Re: Do you see alts have chances against Bitcoins?
by
eternalgloom
on 10/05/2017, 12:26:59 UTC
I have been seeing Bitcoins' price rising with a stability in its growth, but due to the higher mining fee that is being levied on transactions these days, big businesses are now moving their funds towards alts and taking advantage with their least fees as well as shaping a completely new economy in the trends of altcoin markets. Do you think this may harm Bitcoin's dignity and open up a chance in real for alts to rise?

Confirmation time and transaction fees  can be a problem for bitcoin businesses,but
altcoin prices are unstable and using altcoins is more risky.
No altcoin is better than bitcoin in terms of stability and safety.

Yes, bitcoin is much safer and safer. Over time, it will improve all the problematic functions of making transactions.
I wouldn't say that Bitcoin is safer than a lot of the altcoins out there.
There are quite a few altcoins that are based on Bitcoin and they're not really less safe than Bitcoin itself.

Some altcoins also have pretty much a head start on Bitcoin when it comes to transaction speed & cost, Bitcoin might be able to fix its problems but some altcoins are already way ahead.