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Author Topic: Bitcoin or altcoin, which is most acceptable as money?  (Read 17600 times)

Offline Muneeb22

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Re: Bitcoin or altcoin, which is most acceptable as money?
« Reply #60 on: November 24, 2021, 09:00:19 AM »
This time almost peoples will know about the Bitcoin and they know that this coin touches the sky one day and they almost invest in this coin because this is the king of all the coins and the ALT coins will not go high so much and almost the new ALT coins will give them loss.

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Re: Bitcoin or altcoin, which is most acceptable as money?
« Reply #60 on: November 24, 2021, 09:00:19 AM »

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Offline damsix

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Re: Bitcoin or altcoin, which is most acceptable as money?
« Reply #61 on: November 26, 2021, 01:39:30 AM »
Bitcoin has definitely become more attractive for all investors to invest because this Bitcoin has a positive value in the future because all investors should also want Bitcoin rather than altcoins that have been circulating in the market which recently did not end well which resulted in Scam coins.
But not all altcoins are not good, there are many good altcoins for us to have, for example Ethereum, BNB, Solana or Cardano but if we have to compare Bitcoin with altcoins that are ready to be accepted by Fiat trading, Bitcoin is Bitcoin.
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Re: Bitcoin or altcoin, which is most acceptable as money?
« Reply #62 on: November 26, 2021, 04:18:12 PM »
in my opinion this depends on how the seller accepts payment using cryptocurrency, as long as there are still people who accept it for transactions then it certainly has a good chance, but if the seller does not accept payment using cryptocurrency then surely demand will decrease and make the price collapse.

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Re: Bitcoin or altcoin, which is most acceptable as money?
« Reply #63 on: November 26, 2021, 06:08:36 PM »
At the moment any government legalizing cryptos starts with Bitcoin, so I would say Bitcoin. No other altcoin can quite compare to it, even Ethereum.

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Re: Bitcoin or altcoin, which is most acceptable as money?
« Reply #64 on: November 26, 2021, 07:47:20 PM »
bitcoin is the standard of cryptocurrencies, but there are many other coins that can successfully serve as a form of payment, and it will take time to understand how much better, because there are no regulations and laws in developed countries yet, so it's hard to judge which is better.
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Re: Bitcoin or altcoin, which is most acceptable as money?
« Reply #65 on: November 27, 2021, 12:22:38 PM »
Bitcoin is more dominant than the various altcoins that exist because basically Bitcoin is a digital asset that was first created and of course Bitcoin is more accepted throughout society than altcoins.
Moreover, altcoins that have just been born have not been tested for their strength, because sometimes altcoins that have been around for a long time and have a large market cap are still not accepted by the public because they are tripped up by existing regulations, such as the Monero (XMR) coin, which has superior privacy, is able to delete and no tx id .
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Offline mahadev

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Re: Bitcoin or altcoin, which is most acceptable as money?
« Reply #66 on: November 27, 2021, 01:03:00 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 technology of bitcoin and altcoins.
I think bitcoin is most popular and the King of altcoins.
Altcoins are better technology than bitcoin.
So I think both have the same potential as money at the coming future.
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Re: Bitcoin or altcoin, which is most acceptable as money?
« Reply #66 on: November 27, 2021, 01:03:00 PM »


Offline codehash

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Re: Bitcoin or altcoin, which is most acceptable as money?
« Reply #67 on: November 27, 2021, 02:22:36 PM »
Very heavy. Transfers can take days. Expensive. Is it better than all the money? I do not think so. Bitcoin is just an investment vehicle. You buy Bitcoin with your money and wait for it to increase. This is everything. Nothing else. No need to look for anything else. Bitcoin is a bulky currency. Other currencies should be used for purchases.

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Re: Bitcoin or altcoin, which is most acceptable as money?
« Reply #68 on: November 27, 2021, 07:07:01 PM »
bitcoin is the standard of cryptocurrencies, but there are many other coins that can successfully serve as a form of payment, and it will take time to understand how much better, because there are no regulations and laws in developed countries yet, so it's hard to judge which is better.
Bitcoin should be the one that deserves to be a digital currency that will be widely used, because Bitcoin is the first cryptocurrency that was discovered. However, due to the high price, there are now many Altcoins that have emerged as alternative coins from Bitcoin.
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Re: Bitcoin or altcoin, which is most acceptable as money?
« Reply #69 on: November 27, 2021, 11:55:48 PM »
if you want to make a lot of profit then you can buy altcoins but you must know that the risks involved in altcoins are very high and you must be careful if you want to buy altcoins because many are victims of altcoins because they are not careful and do not do research first.
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Offline Senin

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Re: Bitcoin or altcoin, which is most acceptable as money?
« Reply #70 on: November 28, 2021, 05:19:36 AM »
Bitcoin is no longer unambiguously suitable as a means of payment. Its transactions are too expensive and very slow. What kind of money is it? As practice shows, bitcoin is very rarely used as a means of payment; there is no practical need for this. It has become a purely speculative asset, investors buy it and wait for it to rise in price. But nothing in this world can rise in value for too long. The time will surely come when this growth stops.

Offline Shahinaz

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Re: Bitcoin or altcoin, which is most acceptable as money?
« Reply #71 on: November 30, 2021, 02:43:29 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.

I think bitcoin is the first cryptocurrency that can be used as payment at certain outlets, and it can be seen from the potential and interest that bitcoin is very much accepted as a currency by people who are literate in bitcoin and its circulation.

Offline Zezari

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Re: Bitcoin or altcoin, which is most acceptable as money?
« Reply #72 on: November 30, 2021, 05:20:55 PM »
As statistics show, investing in altcoins brings good dividends, in short, I earn more than bitcoin. Since bitcoin works alone and there are a very large number of altcoins. There were comparisons that bitcoin or altcoins would earn more money and it turned out that the altos earned more.
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Offline mlawson71

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Re: Bitcoin or altcoin, which is most acceptable as money?
« Reply #73 on: November 30, 2021, 06:25:16 PM »
So which one do you prefer then, altcoins or Bitcoin? It's not entirely clear. Also, if you prefer altcoins, which Altcoins?

Offline de_prof

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Re: Bitcoin or altcoin, which is most acceptable as money?
« Reply #74 on: December 01, 2021, 01:48:31 AM »
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.

Maybe bitcoin will most acceptable as money, because more popular, more expensive .
But there are potential altcoins too, that acceptable as money
Ethereum is good candidate.
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