Post
Topic
Board Bitcoin Discussion
Re: Can too many Altcoin's can become a threat to bitcoin's existence
by
Nhebu
on 12/10/2018, 23:31:02 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
Altcoins are made because there are things that bitcoin could not do. Cryptocurrency becomes popular due to the numerous project made using coin. These innovated projects help bitcoin to boost more. That's why I don't think they could harm bitcoin. In fact, they help cryptocryptocurrency to grow more.