Bitcoin dependants | Bitcointalksearch.org

Doan9269

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Quote from: coinlary on November 02, 2023, 09:15:01 AM

I'm new here and this is my first post making it official on the Lb. so my question is simple and straight forward , what happens to BTC if there were no tokens if tokens depends on BTC coin to perform,what if there was none just curiose

Bitcoin first comes to existence before tokens or altcoins were introduced, maybe there couldn't have been any of these altcoins and tokens if bitcoin wasn't introduced yet, but it's success birth to other people trying to create something similar to it and that's why they were all been tagged under memecoins and memetokens, they all depends on bitcoin, they are centralized and bitcoin is decentralized.

They uses smart chain contract and other networks other than bitcoin network, their mining is mostly PoS while bitcoin is PoW, if there were no tokens or memecoins, things would have been easier, less scam in cryptocurrency, less or no exchages and the government would have taken bitcoin as their only acceptable alternative digital currency to fiat instead of CBDC.

CryptSafe

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OP your question no really clear just like as oga Charles-Tim don talk but the truth be say Bitcoin Naim be the first crypto currency wey don exist before any other crypto currency emanate. As the first.wey exist, the popularity come strong and meaningful come pass others wey follow am for back but however, other existing shit coins depend on Bitcoin to survive Naim make you see say anytime Bitcoin dey do well other coin too dey grow but of the reverse Na the case, other crypto too dey follow go slow too. That is why Bitcoin dey superior and unique pass every other token. So Bitcoin no dey dependent on any other shitcoin for survival.

Lastly, I see say d don provide links for your perusal. I go advise make you to take time read the article them wey dey d link so that you go get more information and insight as things dey work here.

coinlary

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thank you guys i will surely take note of this

Quote from: promise444c5 on November 02, 2023, 03:10:04 PM

Welcome to the board mate

and I believe are taking the advice give as mate have said , go through the forum rule and regulations so as to avoid plagiarism and spamming.

Some links you might want to go through are:

Unofficial list of (official) Bitcointalk.org rules, guidelines, FAQ
https://bitcointalksearch.org/topic/unofficial-list-of-official-bitcointalkorg-rules-guidelines-faq-703657

posting etiquettes
https://bitcointalksearch.org/topic/bitcointalk-posting-etiquette-5184741

Among others I could fetch though you can always browse for more

Back to the question, Bitcoin might have gained popularity from tokens and all sort but I still believe in it firm state coming to what if there were no tokens, actually no one can give a certain point or answer as everything is based on assumptions.

However, in my opinion I believe BTC might have a little it high volatility since its just the one and it's popularity might not be to this extent.

Thanks for the links i will surelly check them out as well as avoid spamming and plagiarism , i appreciate your reply too

promise444c5

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Learning never stops!

Welcome to the board mate

and I believe are taking the advices give as mate have said , go through the forum rule and regulations so as to avoid plagiarism and spamming.

Some links you might want to go through are:

Unofficial list of (official) Bitcointalk.org rules, guidelines, FAQ
https://bitcointalksearch.org/topic/unofficial-list-of-official-bitcointalkorg-rules-guidelines-faq-703657

posting etiquettes
https://bitcointalksearch.org/topic/bitcointalk-posting-etiquette-5184741

Among others I could fetch though you can always browse for more

Back to the question, Bitcoin might have gained popularity from tokens and all sort but I still believe in it firm state coming to what if there were no tokens, actually no one can give a certain point or answer as everything is based on assumptions.

However, in my opinion I believe BTC might have a little it high volatility since its just the one and it's popularity might not be to this extent.

Mate2237

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Activity: 700

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Quote from: coinlary on November 02, 2023, 09:15:01 AM

I'm new here and this is my first post making it official on the Lb. so my question is simple and straight forward , what happens to BTC if there were no tokens if tokens depends on BTC coin to perform,what if there was none just curiose

You open the account today. You are welcome . I have you know the rules and regulations of the forum and the local board. Please read more and make comments from the read topics and from there, you can improve and create threads and don't just go straight to board and make threads. Avoid spamming and shot post then what brings you here, you go achieve am.

Then back to your question. Your question is not straight forward but in a confused state. I don't know but let me try. Bitcoin doesn't depend on any token and it stands alone and that is why bitcoin operates in a decentralized cryptocurrency blockchain technology system. Yes other tokens are depending on bitcoin and bitcoin operates directly to himself or to a fiat currency for exchange.

coinlary

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Quote from: adultcrypto on November 02, 2023, 09:53:20 AM

Quote from: Charles-Tim on November 02, 2023, 09:41:23 AM

Your question is not that clear. Did you mean you are curious because bitcoin is not having tokens like ERC20, BSC, TRC20 blockchains and the likes which create easy means for people to create tokens and making (ICO and DeFi) scam to increase?

Bitcoin is the first coin.
Because of bitcoin, blockchain was created, which other altcoins are copying in their own way.
Bitcoin has always been the dominant coins. That is why bitcoin is referred to as bitcoin while other coins are referred to as altcoins.
Bitcoin dominance among over 27000 coins and tokens is 52.64%.
Bitcoin remain decentralized, unlike these altcoins that you are referring to

You do not have to be curious about bitcoin, it is the one among them that deserves to be decentralized.

To me I feel altcoins and other tokens helped in creating more awareness for cryptocurrency in general. Without them Bitcoin would have been popular but participation would have been lower.

Exactly this was what I'm trying to get there's only a giant if Embrace beliefs classify it as giant and it somehow for Bit coin but with the token falling and it seem to stand what if there were no tokens or other shitcoins, would it have been so popular like this or what will be it outcome if there's no sheetcoins and i believe they all kind of share a proper variation with BTC coming first

adultcrypto

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Quote from: Charles-Tim on November 02, 2023, 09:41:23 AM

Your question is not that clear. Did you mean you are curious because bitcoin is not having tokens like ERC20, BSC, TRC20 blockchains and the likes which create easy means for people to create tokens and making (ICO and DeFi) scam to increase?

Bitcoin is the first coin.
Because of bitcoin, blockchain was created, which other altcoins are copying in their own way.
Bitcoin has always been the dominant coins. That is why bitcoin is referred to as bitcoin while other coins are referred to as altcoins.
Bitcoin dominance among over 27000 coins and tokens is 52.64%.
Bitcoin remain decentralized, unlike these altcoins that you are referring to

You do not have to be curious about bitcoin, it is the one among them that deserves to be decentralized.

I think his focus is on the popularity, market capitalization and generally the mode of people towards Bitcoin assuming it was the only cryptocurrency. To me I feel altcoins and other tokens helped in creating more awareness for cryptocurrency in general. Without them Bitcoin would have been popular but participation would have been lower. Many people who enter into cryptocurrency bought altcoins and tokens with the hope that they can get huge gains like Bitcoin offered early investors. Some actually succeeded while some also failed by buying shitcoins.

Without tokens and other altcoins, Bitcoin would have been probably very expensive with less number of people using it

Charles-Tim

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Leading Crypto Sports Betting & Casino Platform

Your question is not that clear. Did you mean you are curious because bitcoin is not having tokens like ERC20, BSC, TRC20 blockchains and the likes which create easy means for people to create tokens and making (ICO and DeFi) scam to increase?

Bitcoin is the first coin.
Because of bitcoin, blockchain was created, which other altcoins are copying in their own way.
Bitcoin has always been the dominant coins. That is why bitcoin is referred to as bitcoin while other coins are referred to as altcoins.
Bitcoin dominance among over 27000 coins and tokens is 52.64%.
Bitcoin remain decentralized, unlike these altcoins that you are referring to

You do not have to be curious about bitcoin, it is the one among them that deserves to be decentralized.

coinlary

member

Activity: 59

Merit: 11

I'm new here and this is my first post making it official on the Lb. so my question is simple and straight forward , what happens to BTC if there were no tokens if tokens depends on BTC coin to perform,what if there was none just curiose

Topic: Bitcoin dependants (Read 104 times)