Post
Topic
Board Bitcoin Discussion
Re: Can too many Altcoin's can become a threat to bitcoin's existence
by
Coroline
on 12/10/2018, 20:00:43 UTC
    More and more ICO projects are coming based on many major currencies and specially in this year the trend increased rapidly with many reputed organizations that are in various industries and trades decided to start there own digital currency to make there business more effective and efficient in order to gain more profit.
    Can these new launching Altcoin's make a negative impact on bitcoin's expansion in the future because we all know in order to increase the demand, usability and accessibility of bitcoin it should be widely use in most business areas but if Altcoin's take these opportunities how it can achieve its vision to become a widely used digital currency
it all depends on each project, if the project has good benefits it will make the altcoin worth the price, and I don't think bitcoin will lose its existence as a king of coins, we can say bitcoin is USD from the existing fiat currency