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Author Topic: Bitcoin or altcoin, which is most acceptable as money?  (Read 17496 times)

Offline AllSii

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Re: Bitcoin or altcoin, which is most acceptable as money?
« Reply #30 on: October 23, 2020, 10:46:50 AM »
Bitcoin and Altcoin both are accessible and acceptable as money because bitcoin is the most important and effective cryptocurrency in the world cryptocurrency market cap and some Altcoins like Ethereum, Ripple, EOS, stellar, Tron Bnb, also very much popular and profitable to invest in cryptocurrency market. Bitcoin and Altcoin both are very much acceptable in all sphere of life.
I would remove the BNB coin from this list of altcoins because it is a Binance exchange coin. The BNB coin cannot be called a decentralized coin, because it depends on Binance and performs certain functions in a closed ecosystem.

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Re: Bitcoin or altcoin, which is most acceptable as money?
« Reply #30 on: October 23, 2020, 10:46:50 AM »

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Offline Mbah Jenggot

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Re: Bitcoin or altcoin, which is most acceptable as money?
« Reply #31 on: October 23, 2020, 02:29:31 PM »
Bitcoin has evolved out successfully to be the most widely accepted cryptocurrency. It can be used directly as payment for goods and services online or through debit card although there are still some merchants yet to accept it. Bitcoin is the only outstanding coin which can be used purchase all other cryptocurrencies.

By seeing the popularity, I think bitcoin is most acceptable as money. It is really good and very potential. I see many countries have accepted bitcoin. Maybe bitcoin will be more popular and has potential to be world currency at the coming future.

Offline mlawson71

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Re: Bitcoin or altcoin, which is most acceptable as money?
« Reply #32 on: October 23, 2020, 05:35:35 PM »
As far as I know the only country where you can pay with Bitcoin for everyday items is Japan, for now.

Offline Noverteno

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Re: Bitcoin or altcoin, which is most acceptable as money?
« Reply #33 on: October 25, 2020, 06:20:29 PM »
As far as I know the only country where you can pay with Bitcoin for everyday items is Japan, for now.
However, this is only a theoretical possibility. In fact, very few people use Bitcoin as a means of payment. It is mainly held in anticipation of its price growth. As money, bitcoin is used very little due to high transaction costs and long transaction times.
Altcoins are more diverse in their functionality and are easier and more convenient to use as money. Therefore, as a means of payment, many altcoins are superior to bitcoin.

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Re: Bitcoin or altcoin, which is most acceptable as money?
« Reply #34 on: October 25, 2020, 10:23:13 PM »
It is always sure that investing in TC is much more promising than other coins. In this case, BTC is now going on uptrend ad it becomes so popular these days in the market capitalization. Here, we can see the precious investment from BTC if we can make it. ut ETH is also good. If I should choose one, I will choose BTC.

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Re: Bitcoin or altcoin, which is most acceptable as money?
« Reply #35 on: October 25, 2020, 10:33:59 PM »
Bitcoin is the most acceptable cryptocurrency in the world cryptocurrency market but some Altcoins also acceptable very much. Binance coin, bitcoin cash, Ethereum, Ripple, EOS, stellar, Tron etc are the most important and effective cryptocurrency in the cmc. Recently PayPal accepted bitcoin, Ethereum, bitcoin cash, and Litecoin.

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Re: Bitcoin or altcoin, which is most acceptable as money?
« Reply #36 on: October 26, 2020, 06:04:41 PM »
Bitcoin is the most acceptable cryptocurrency in the world cryptocurrency market but some Altcoins also acceptable very much. Binance coin, bitcoin cash, Ethereum, Ripple, EOS, stellar, Tron etc are the most important and effective cryptocurrency in the cmc. Recently PayPal accepted bitcoin, Ethereum, bitcoin cash, and Litecoin.
We see that PayPal is going to allow its users to buy goods for cryptocurrency. And users will have access to coins such as Bitcoin (BTC), Ethereum (ETH), Bitcoin Cash (BCH) and Litecoin (LTC).

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Re: Bitcoin or altcoin, which is most acceptable as money?
« Reply #36 on: October 26, 2020, 06:04:41 PM »


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Re: Bitcoin or altcoin, which is most acceptable as money?
« Reply #37 on: October 28, 2020, 09:17:25 AM »
I think bitcoin because many people and many platforms accept bitcoin payments.

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Re: Bitcoin or altcoin, which is most acceptable as money?
« Reply #38 on: October 28, 2020, 01:19:51 PM »
Indeed, bitcoin is so special. Because all altcoins can be bought and exchanged in bitcoin. And this makes bitcoin called the king of coins. The quality of bitcoin is also not in doubt.
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Re: Bitcoin or altcoin, which is most acceptable as money?
« Reply #39 on: October 28, 2020, 02:52:44 PM »
Indeed, bitcoin is so special. Because all altcoins can be bought and exchanged in bitcoin. And this makes bitcoin called the king of coins. The quality of bitcoin is also not in doubt.

Yes It is true mate. All altcoin can be bought and exchange in bitcoin. It is the reason why bitcoin is the King of Crypto currency. Bitcoin is more popular and biggest community. I believe bitcoin will accept as money at the coming future. Let's see
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Re: Bitcoin or altcoin, which is most acceptable as money?
« Reply #40 on: October 28, 2020, 04:05:20 PM »
If both of them have the form of objects like Fiat money I think Bitcoin and Ethereum will use more Etherem because the value of Bitcoin itself is very large while Ethereum is smaller, then in reality it will often use Ethereum for transactions.
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Re: Bitcoin or altcoin, which is most acceptable as money?
« Reply #41 on: October 28, 2020, 07:31:48 PM »
Bitcoin will always standout since it is the major cryptocurrency that everyone is familiar with. And it is no news that various platform keep integrating bitcoin in their payment platform, such as PayPal.

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Re: Bitcoin or altcoin, which is most acceptable as money?
« Reply #42 on: October 28, 2020, 10:14:53 PM »
Dude I'll prefer bitcoin. This is bitcoin why I m here. Without bitcoin I cannot think about cryptocurrency. And cryptocurrency is my daily favorite spot now.
« Last Edit: October 29, 2020, 05:03:07 PM by highnayem34 »
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Re: Bitcoin or altcoin, which is most acceptable as money?
« Reply #43 on: October 28, 2020, 10:22:40 PM »
In many cases, it is more convenient for me to pay with altcoin, and some of them are accepting more and more! Bitcoin is accepted by everyone, but the commission for small payments is very inconvenient!
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Re: Bitcoin or altcoin, which is most acceptable as money?
« Reply #44 on: October 28, 2020, 11:24:02 PM »
No doubt, of course, Bitcoin is my first choice. Bitcoin has the highest value and also trust in this crypto world. We cannot compare it to the altcoins. however, some altcoins are also legit and worthy to have such as top coins and those that have real products
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