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Author Topic: Bitcoin or altcoin, which is most acceptable as money?  (Read 17627 times)

Offline shuvenker999

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Re: Bitcoin or altcoin, which is most acceptable as money?
« Reply #120 on: August 26, 2022, 04:48:40 AM »
First of all, I am not a cryptocurrency expert but in my opinion, Bitcoin is more acceptable and safer than altcoins. Altcoins or alternative coins is a general term so it means that there are different altcoins. Bitcoin is more profitable because it has a higher rate of increase on its value and is safer because Bitcoin is known for long term investment unlike alts which are for short terms.

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Re: Bitcoin or altcoin, which is most acceptable as money?
« Reply #120 on: August 26, 2022, 04:48:40 AM »

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Re: Bitcoin or altcoin, which is most acceptable as money?
« Reply #121 on: August 26, 2022, 12:47:11 PM »
First of all, I am not a cryptocurrency expert but in my opinion, Bitcoin is more acceptable and safer than altcoins. Altcoins or alternative coins is a general term so it means that there are different altcoins. Bitcoin is more profitable because it has a higher rate of increase on its value and is safer because Bitcoin is known for long term investment unlike alts which are for short terms.
According to experts, it is digital coins that will become an asset that will be used by most of humanity in the coming years.

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Re: Bitcoin or altcoin, which is most acceptable as money?
« Reply #122 on: August 26, 2022, 01:48:07 PM »
Everything is as it was said, bitcoin is the most alternative investment, but altcoins also move together with bitcoin in the same position. If you choose from these two then both.
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Re: Bitcoin or altcoin, which is most acceptable as money?
« Reply #123 on: September 04, 2022, 12:07:48 PM »
Everything is as it was said, bitcoin is the most alternative investment, but altcoins also move together with bitcoin in the same position. If you choose from these two then both.

If we talk about which is most popular, sure bitcoin is more popular than other.
But altcoins has good technology.
So, I think bitcoin and altcoin will  be acceptable as money, maybe Ethereum.
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Re: Bitcoin or altcoin, which is most acceptable as money?
« Reply #124 on: September 04, 2022, 09:41:37 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 both have potential to be as money when all countries accep them.
But crypto is always high volatile, I think It's the reason why government didn't support and and allow crypto currency.
So, let's see what happens at the coming future.
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Re: Bitcoin or altcoin, which is most acceptable as money?
« Reply #125 on: September 05, 2022, 05:37:50 AM »
Due to government regulations, Bitcoin and altcoins cannot be used for payments in some countries, but in my opinion, Bitcoin can be used for payments such as using a credit card, we can only wait for government regulations to allow the use of Bitcoin, then if the government does not support it, then we can use P2P transactions to make payments.
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Offline Osama Sultan

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Re: Bitcoin or altcoin, which is most acceptable as money?
« Reply #126 on: September 05, 2022, 09:22:37 AM »
This not a hard decision to select the secure network from all the currencies and because we are selecting most acceptable crypto currency Bitcoin is the king ,
As we knows this network working about 13 years and working on Blockchain technology, So chances are so low that attaker take control of all the network ,
                We also knows this network use mining which is spreads all over the world so the transactions don't have a center therefore mining is secured, but we need so optimization on effenciency. That's the reasons Bitcoin is using by countries and different companies are coming to make this futuristic currency a payment method.

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Re: Bitcoin or altcoin, which is most acceptable as money?
« Reply #126 on: September 05, 2022, 09:22:37 AM »


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Re: Bitcoin or altcoin, which is most acceptable as money?
« Reply #127 on: September 05, 2022, 11:33:38 AM »
Bitcoin trended downward through the weekend after a solid unemployment report offered mixed implications for the Federal Reserve as it contemplates its path on interest rates.

The largest cryptocurrency spent time below $20,000 for a ninth consecutive day on Sunday, a session in which it failed to crack above that round-number level at all. On several of the days, it’s fallen into the $19,500 range but not below $19,511, its then-record

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Re: Bitcoin or altcoin, which is most acceptable as money?
« Reply #128 on: December 02, 2022, 06:22:52 PM »
This problem is already being solved by itself. Bitcoin in recent years has been very poorly used as a means of payment, that is, as money. It's all about the expectation of its holders of an even higher price. Why alienate bitcoin if after a while it can multiply in its price. In addition, many altcoins have much better functional characteristics than Bitcoin. The question remains safe, however, altcoins continue to develop very rapidly.

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Re: Bitcoin or altcoin, which is most acceptable as money?
« Reply #129 on: December 03, 2022, 01:39:25 PM »
Bitcoin is essential to any discussion on cryptocurrencies. We all know, especially when the price of bitcoin declines and the prices of all the other coins begin to decline. Once more, all coin prices begin to slowly increase as soon as the price of bitcoin begins to rise.
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Re: Bitcoin or altcoin, which is most acceptable as money?
« Reply #130 on: December 04, 2022, 09:06:57 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.

I think both have potential to be as money when all countries accep them.
But crypto is always high volatile, I think It's the reason why government didn't support and and allow crypto currency.
So, let's see what happens at the coming future.
I don't think that All the country will accept cryptocurrency as you might think. Do you believe that sometimes in the future that countries will give up their money to use Crypto as the main currency?
Even though both can be used as money with regards to whoever wishes to accept them but we should also look at which one is less likely to fail, hence investors gravitate more towards Bitcoin than Alts in this regard as money.



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Re: Bitcoin or altcoin, which is most acceptable as money?
« Reply #131 on: December 04, 2022, 11:31:16 AM »
If this happens with a cryptocurrency that will replace money in all countries, it is simply impossible and there will be no time. That it is better to buy bitcoin or altcoins, of course, not everyone can earn more on altcoins in a long-term investment than on bitcoin.
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Re: Bitcoin or altcoin, which is most acceptable as money?
« Reply #132 on: December 06, 2022, 10:15:20 AM »
If this happens with a cryptocurrency that will replace money in all countries, it is simply impossible and there will be no time. That it is better to buy bitcoin or altcoins, of course, not everyone can earn more on altcoins in a long-term investment than on bitcoin.

Yeah, That's true. Crypto technology is simple.
But crypto is volatile, I think It's the basic problem.
Talking about which is most acceptable as money, I think bitcoin is the first. Because more popular
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Re: Bitcoin or altcoin, which is most acceptable as money?
« Reply #133 on: December 07, 2022, 09:50:47 AM »
If this happens with a cryptocurrency that will replace money in all countries, it is simply impossible and there will be no time. That it is better to buy bitcoin or altcoins, of course, not everyone can earn more on altcoins in a long-term investment than on bitcoin.

Yeah, That's true. Crypto technology is simple.
But crypto is volatile, I think It's the basic problem.
Talking about which is most acceptable as money, I think bitcoin is the first. Because more popular
it is not easy to be able to replace the role of money with crypto because many countries still do not agree on crypto even though they already know it.
equating to be able to just one perception may take more time, still too long for it to materialize.
If it is true that there is indeed an agreement for crypto to replace the role of money, I clearly agree with you that bitcoin can and is capable of that, because its role has been recognized so far.
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Offline Micky

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Re: Bitcoin or altcoin, which is most acceptable as money?
« Reply #134 on: December 11, 2022, 04:49:11 AM »
For me? It's obviously Bitcoin. Because it's more popular than any other crypto currency. And people know about all over the world about Bitcoin.
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