Post
Topic
Board Speculation (Altcoins)
Re: Do you see alts have chances against Bitcoins?
by
Dastramus18
on 16/11/2017, 10:17:23 UTC
Of course, all chances are there and open, nothing perfect, the coins that now look good will be refined with another coin. but it seems like it takes a long time to replace bitcoin because bitcoin market cap is currently the largest.

None of the existing altcoins will have any significant impact on Bitcoin!
This is whisful thinking. None of those will replace Bitcoin.
The big money is moving into Bitcoin right now. With big money I mean the Wall Street and the institutional money.
Bitcoin will continue rising like crazy. Most alts will act like penny stocks imo. They are mostly used to make more Bitcoin with it.
They will rise in terms of USD. But most of them will continue to lose against BTC, with some up and down swings of course due to natural market behaviour.

I WANT TO BELIEVE! And I am still a believer in BTC - however:
Last Sundays BCH Attack far exceeded anything I could have imagined.

What if the next pump is even stronger? And the one after that?

One day => BCH Flippening?


Dont get me wrong I am in NO WAY trying to promote Bitcoin Trash here. I HATE  that centralized pseudocryptocurrency bullshit.

I am also one of the believers of bitcoin and  i am also worried about the recent happening Iike somebody is trying to manipulate the pump of certain coin,  i am trying to keep calm and think it in a positive way that btc will certainly recover, and btc is back now.


I just realized how the reign of BTC is even manifested in our language.
The fact that we have "Bitcoin" and "Altcoin" - implying they are just an alternative of the original (which is true) - the fact also (others mentioned it here before) that BTC is used on bittrex and others as store of value like EUR or USD. It all looks like a "Kneel before the King" situation.

However, one of his subjects has been especially naughty these days. and should be punished by death in my opinion.
Uhm okay but i think that alt do not have chance at all against bitcoins because they are using the same technology as bitcoin but i do know that you can even make more profit with altcoins then with bitcoin it does depend on how much you have of one.
I agree with you i have a friend who has 0 bitcoin but has like a lot of other altcoins and a lot of them and he earns a total of 3k a month from them and if he sells it all right now he can sell it for 2 million and go on holiday what he always wanted.