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The future of Bitcoin and Altcoins

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3 hours ago, Brand1 said:

Certainly, the future of the Bitcoin currency will be better than the projects of Altcoins, the interest is increasing on the Bitcoin currency very significantly and that the price always rises

@Brand1 you are right, the future of bitcoin is certain but some altcoins too have great future but many altcoins will not survive while some will remain non profitable known as shit coin. 

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Both are very useful in our daily life, those who are using crypto they see a good opportunity in their lives. Everyday new crypto users are increasing and i believe in next 3 years crypto will already be accepted with many more governments. 

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Time is the ultimate weapon!

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I see that Bitcoin is the main currency that controls the alternative currency market and without it there can be no cryptocurrencies


 

Life is great and enjoy it

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Certainly, the future of Bitcoin and alternative currencies is a good future because over the past years it has proven that crypto is developing every day and is gaining importance in all areas, especially in the global economy.

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Currently bitcoin is dominant over alt coin market. Because people knows crypto currencies due to bitcoin. But alt coins are also getting popularity. May be in future alt coin overcome bitcoin. 

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16 hours ago, saraanna396 said:

It is very difficult to predict the future of bitcoin, as it may be fought by banks and governments until it disappears and other cryptocurrencies appear in place of it, or we may see it flourish and enter all areas of life and become a unified currency for sale and purchase around the world.

There is nothing banks can do, they do not know they can even start dealing with cryptocurrencies was their problem. Some countries have seen this and their eyes have opened. Later, banks will start supporting cryptocurrencies  and also keeping it for people. 

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I am read the scarcity talk and this is something that help the price of a product but it can be said that it is very difficult to know as this is a digital asett and not a physical, in economy the digital ones are hard to price because they have a low life span as they will need a new and better software and there are competitors too that make better from what we have. It is not very easy to think that have low coins will help the price.

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Bitcoin was designed with scarcity and the 21 million fixed supply means that we may not be able to buy one if price begin another bull run. Now it is very high too and most of us can't risk so much but we have to hope to make one Bitcoin and become elite 1% in this game.

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About the future of cryptocurrencies this is very bright. You talk about bitcoin and altcoins and your point is about the limited supply but not all of altcoins are the same, some have inflation and some were fixed supply but changed this to become inflative as their miners voted for this. I don't want to create misinformation but there has been talk about bitcoin and the possibility of removing the fixed supply but in many years from now.

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On 9/19/2020 at 3:38 PM, saraanna396 said:

It is very difficult to predict the future of bitcoin, as it may be fought by banks and governments until it disappears and other cryptocurrencies appear in place of it, or we may see it flourish and enter all areas of life and become a unified currency for sale and purchase around the world.

@saraanna396

Simple, the issue of saying there will be retaliation against it growth, it's what BTC is currently facing from some countries and gradually it's succeeding as the numbers of adoptions kept rising.

So the future of BTC remains great, straight forward and unalloyed.

It will surely dominate the fiat currency and local banking system, serving as alternative means of making transactions globally.

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The altcoin market has been through tough times. At one point, the market lost more than 90% of its value from its peak of $ 780 billion in January 2018. Many altcoin projects that were supposed to be "the next big thing" are unseen today.

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Btc is valuable, and will maintain it! Blockchain technology and the cryptocurrecies firstly emerged with Btc. Btc will always lead this technology and cryptocurrencies world.

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well  all i can say notone knows how will be  bitcoin and altcoins future but almost every one use internet right now use it so it is fact and that good sign that has good future

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In my opinion, he opted for the second option and that the shortage of bitcoin could lead to a scatter of users looking for bitcoins. And others taking advantage of its scarcity to accumulate. Making their price rise. But on the other hand the other currencies would be interesting alternatives to replace the bitcoin.

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There are too many altcoins, many of them has been a dead coin now, while many remain as shit coin. I do no know about the future of altcoin, but mentioning the altcoin specifically will be good. Bitcoin is certain to  have a good future. 

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Scarcity for a useful asset or object is very important and means that it is valuable so the second argument is invalid in the case of Bitcoin. The limited supply of 21 million Bitcoins, which are even less if you exclude a few millions of lost Bitcoins, it makes it a currency that will have more value the more the demand for it increases, as supply is fixed and low.

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Bitcoin is scarce but if it was just this alone it wouldn't mean anything. It is the technology it brought to the world and the support it has for so many years by many intelligent people. It is the most powerful cryptocurrency that has performed greatly so far and still has a lot to offer.

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Actually the altcoin market made up by the support of btc all the time so this both btc and alt will have a bright future..  Also its normal that not every crypto lover like bitcoin...  So its necessary to have altcoin in crypto market according to its demand..  But its true that all the time bitcoin will be in top position of crypto market..                

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In my experience the future of Bitcoin and altcoin is the brightest.  Because and its market value is constantly increasing and the demand in the world market is increasing.  Moreover, this currency has been introduced as a payment system in several places.

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Not all altcoins will survive, but the good ones will survive, not all coins that still survive can not be manipulated and pumping and  dumping the coin,many altcoins will still be scam. But the strong ones like ethereum and litecoin will have good future. Bitcoin surely is the strongest cryptocurrency and its future is just brightest among all cryptocurrencies.

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I think that scarcity of Bitcoin is important to have a good price but it doesn't mean there will be better prices for altcoins because of it. Maybe altcoins can keep rising for a while but they won't be following Bitcoin forever. New investors are buying bitcoin 99% and altcoins only get pumped by older whales that keep doing this for years to make fast a few millions and sell their bags slowly after building a good orderbook.

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Bitcoin is valuable for so many reasons, the scarcity means that each unit has value that will be held in time and will not be lost due to inflation. So the inflation risk does not exist for Bitcoin and as a currency it is the only example we have as such, being scarce and not inflating.

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I think that the future will be that Altcoins will forever trail Bitcoin and will never make something that will be worthwile, then Bitcoin will sometime escape and leave them behind. Even Ethereum that is one that is trying doesn't look capable of becoming an asset that will be worthwile our funds for investing and Bitcoin only seem to be our best chance for success. The rest are very risky and can create terrible conditions for long term investments.

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