Ninjastic
PostEdited versionsQuotes to this post
Post
Topic
Board Altcoin Discussion
Re: Do Altcoins really have a future?
by
quarkyplum
on 23/10/2017, 06:30:26 UTC
Quote from: TonixGaming_14 on October 22, 2017, 07:30:50 AM
Quote from: Alttrader203 on July 03, 2017, 05:17:14 PM
Quote from: faaty on July 03, 2017, 05:13:48 PM
Quote from: hosseinimr93 on July 03, 2017, 05:08:10 PM
I think in short term every thing is possible as we experienced high increase in prices of most of major altcoins such as Ethereum. But in long term everything depends on what will happen to Bitcoin.
In my opinion in future we will have only one acceptable cryptocurrency. If Bitcoin can solve its problems like high transaction fees that you mentioned, It will be that cryptocurrency. If not we should wait for another cryptocurrecncy that will replace Bitcoin.
We should also consider another important issue which is governments decisions. In future after accepting bitcoins by entire world, Governments would like to have more control on the system. We should wait for their decision whether they want bitcoin to be that major cryptocurrency or not.

thanks for the great answer. I think esactly the same.

One acceptable cryptocurrency is the future. And government pressure into that coin is the thing to discuss in the future.

But if governments try to control that system, alternative coins will survive in order to eliminate the pressure..

Clearly, you do not realize we have bitcoin because we do not want the governement to tell us what we can or cannot do. Unless they stop all internet, they cannot stop us. If needed we can expand zcash/zerocoin and ignore their dictate.

Maybe if our government change our economic status it possible we have better future in bitcoin and as well the alternative coins like eth,bitcoin cash litecoin etc. better acceptance to the change the digital era of crytocurrency in the world.Unless we support them to become one accept cryptocurrency.
Honestly, if the government can accept Bitcoin at now, we still can not using Bitcoin for daily. First, Bitcoin can not use for daily because it has high fees, need much time to wait confirm any transaction (average ~15 mins per block with highest fees). Second, Bitcoin system still bad and small, it can not receive a huge of numbers transaction in a short time. There are many examples can prove this problem.