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Topic: Can bitcoin kill maximum alt coins? - page 3. (Read 1734 times)

sr. member
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November 11, 2017, 02:59:54 PM
#53
Although Bitcoin is a good coin. However, I don't think that Bitcoin can kill altcoins. Because each coin has own role in the economy. Bitcoin has own disadvantages and it can replace altcoins
full member
Activity: 266
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November 11, 2017, 01:50:36 PM
#52
Now a days all alt coin markets has been dumping and dumping without any simple pump for the btc price increasing.So just i want to know that can bitcoin destroy the maximum type of alt coins market?

It won't destroy altcoins. The bleeding that we are seeing in altcoin is due to the fact the altcoin traders are going into bitcoin scene because of the anticipation of segwit2x which  they can get free money out of it. But once the looming fork is completed, there no way that they will stay on bitcoin. They will of course goes back to altcoin and the market will see all green again. So bitcoin won't kill altcoin, this is just a temporary hiccups for the altcoin ecosystem.
Yes and with the cancellation of segwit2x, we can see that the price of altcoins are now starting to recover and bitcoin's price starting to dump. People are dumping bitcoins now and are starting to invest in altcoins. This is why we see the sudden change in altcoins prices. But I think it is just a matter of time before bitcoin's price recovers back again and reach a new ATH.
full member
Activity: 420
Merit: 100
November 11, 2017, 01:07:04 PM
#51
Now a days all alt coin markets has been dumping and dumping without any simple pump for the btc price increasing.So just i want to know that can bitcoin destroy the maximum type of alt coins market?
That is also my observation. As bitcoin price increase a lit of altcoins decrease. So i can say that altcoins and bitcoin has a relationship to each other. It ia hard to say that because im still in the process of observation a lot of things. And that is one of my observation.
full member
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November 11, 2017, 12:29:08 PM
#50
Now a days all alt coin markets has been dumping and dumping without any simple pump for the btc price increasing.So just i want to know that can bitcoin destroy the maximum type of alt coins market?

Well this run can't go on forever. Alts will be there are would survive this btc surge. They've done all the time and were able to regain footing again even after the price of btc shot back up
Since bitcoin starts to rise there is all red in the market of altcoin and this is the alarming situation of altcoins investors and all they are doing that they are cashing out their money and they are waiting for the dump for bitcoin so that they can invest into bitcoin and yes bitcoin is killer of altcoin market because it has diverted the attention of other coin investor toward itself and this is the best for the bitcoin investor,

In recent times the bitcoin attracted many user to bitcoin side which allows the rapid price growth in bitcoin but for the last two days the bitcoin price is dumped due to its cancelled for so now the people are converting in to bitcoin to altcoin.
As i am a bitcoin lover i always be investing on bitcoins i think many of the people also have the same thought so it might decrease the demand of bitcoin which means slowly killing it.
hero member
Activity: 700
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November 11, 2017, 12:21:31 PM
#49
Bitcoin cannot kill the alt coins because they have their own lives and they have their own developers and communities that will support each and every altcoin that is in the market and the only thing that bitcoin can do is to affect the prices of all the altcoins since the bitcoin is very dominant but after than that there is nothing that bitcoin can do especially if we will talk about the lives of the alt coins.
Right. It is a normal market and even BTC gets dumped at some point. The difference is that bitcoin still have a huge solid support doe the first movers’ advantage it has than all the altcoins.

Many altcoins have prospects and even though people are dumping them now does not mean they won't get pumped back after the coast gets clear. Every trader is always looking for a chance to make profit and without altcoins, there would not really be much chances to make those profits.
hero member
Activity: 854
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November 11, 2017, 10:25:07 AM
#48
Now a days all alt coin markets has been dumping and dumping without any simple pump for the btc price increasing.So just i want to know that can bitcoin destroy the maximum type of alt coins market?

Well this run can't go on forever. Alts will be there are would survive this btc surge. They've done all the time and were able to regain footing again even after the price of btc shot back up
Since bitcoin starts to rise there is all red in the market of altcoin and this is the alarming situation of altcoins investors and all they are doing that they are cashing out their money and they are waiting for the dump for bitcoin so that they can invest into bitcoin and yes bitcoin is killer of altcoin market because it has diverted the attention of other coin investor toward itself and this is the best for the bitcoin investor,
full member
Activity: 420
Merit: 103
November 09, 2017, 10:08:53 PM
#47
Bitcoin's price may be ten times greater than altcoins but that does not mean that it will kill altcoins in the market. Both are good coins and are used for different purposes. Altcoins have a different role in the market and are often used for smart contacts. Price is not the basis of superiority here. Altcoins can also provide good profit fyi.
jr. member
Activity: 56
Merit: 10
November 08, 2017, 03:05:48 PM
#46
BTC can make altcoin decvaluation, but can't kill altcoin. and altcoin help BTC stronger, arm in arm, more valuable
full member
Activity: 366
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November 08, 2017, 01:37:57 PM
#45
Now a days all alt coin markets has been dumping and dumping without any simple pump for the btc price increasing.So just i want to know that can bitcoin destroy the maximum type of alt coins market?
I dont really sure that bitcoin can destroy the altcoins market because altcoins was born because of bitcoins, even if most of the altcoins price decreased because people dumping the coins there are still some coins that growth exponentially some that have unique and different project and development than bitcoins  Grin
To have a healthy market altcoins is a must. Though majority of the altcoins were small in value compared to bitcoin, it gives a competence. Such a healthy competence is a must paving path towards growth. Upon such a thinking bitcoin will never intend to kill altcoins.
full member
Activity: 262
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November 08, 2017, 01:29:00 PM
#44
Altcoin and BTC are a pair of identical songs, just to show off each other.
How can you make such an opinion? Is not altcoin and bitcoin a rival?
full member
Activity: 854
Merit: 140
November 08, 2017, 01:16:55 PM
#43
Now a days all alt coin markets has been dumping and dumping without any simple pump for the btc price increasing.So just i want to know that can bitcoin destroy the maximum type of alt coins market?
I dont really sure that bitcoin can destroy the altcoins market because altcoins was born because of bitcoins, even if most of the altcoins price decreased because people dumping the coins there are still some coins that growth exponentially some that have unique and different project and development than bitcoins  Grin
member
Activity: 266
Merit: 10
November 08, 2017, 12:19:59 PM
#42
If Altcoin is destroyed so how can business people do BTC, how can transfer BTC from one pocket to another. Then the transaction is very low BTC and people tend to keep the MOTC to expect the magic only. So permanently altcoins always exist regardless of what happens. Grin Grin Grin Grin
Obviously it is not possible to eradicate altcoins altogether. No matter how much difference is between the value of BTC and these coins, the Bitcoins cannot work alone because other cryptocurrencies are required for transactions and funding processes via conversion of one coin to the other and the second best option for this is always altcoins.

One altcoin is somewhat equal to 0.001 Bitcoins and being such a little value provides safer method of exchange with minimum transaction fee.

Yes, it is an obvious fact that everyone knows that it is an indispensable symbiosis.
legendary
Activity: 1330
Merit: 1019
November 08, 2017, 04:05:09 AM
#41
If Altcoin is destroyed so how can business people do BTC, how can transfer BTC from one pocket to another. Then the transaction is very low BTC and people tend to keep the MOTC to expect the magic only. So permanently altcoins always exist regardless of what happens. Grin Grin Grin Grin
Obviously it is not possible to eradicate altcoins altogether. No matter how much difference is between the value of BTC and these coins, the Bitcoins cannot work alone because other cryptocurrencies are required for transactions and funding processes via conversion of one coin to the other and the second best option for this is always altcoins.

One altcoin is somewhat equal to 0.001 Bitcoins and being such a little value provides safer method of exchange with minimum transaction fee.
legendary
Activity: 2576
Merit: 1655
November 07, 2017, 06:14:06 AM
#40
Now a days all alt coin markets has been dumping and dumping without any simple pump for the btc price increasing.So just i want to know that can bitcoin destroy the maximum type of alt coins market?

It won't destroy altcoins. The bleeding that we are seeing in altcoin is due to the fact the altcoin traders are going into bitcoin scene because of the anticipation of segwit2x which  they can get free money out of it. But once the looming fork is completed, there no way that they will stay on bitcoin. They will of course goes back to altcoin and the market will see all green again. So bitcoin won't kill altcoin, this is just a temporary hiccups for the altcoin ecosystem.
jr. member
Activity: 55
Merit: 2
November 07, 2017, 05:44:18 AM
#39
Bitcoin is one of the popular cryptocurrency.bitcoin cost is attracting the people than other altcoins.bitcoin price is also good and it is good for the sending and receiving the money.
full member
Activity: 196
Merit: 122
November 07, 2017, 03:27:46 AM
#38
Now a days all alt coin markets has been dumping and dumping without any simple pump for the btc price increasing.So just i want to know that can bitcoin destroy the maximum type of alt coins market?
Altcoin value is depending on the value of bitcoin, when bitcoin value is pumping for sure and expect the dump of altcoin value. Some of the unsuccessful altcoin project was expected to out of volume of investors and it would be worthless but there are some altcoin has a strong value and exist like bitcoin.
full member
Activity: 658
Merit: 100
November 07, 2017, 02:56:51 AM
#37
Can bitcoin kill altcoin? I would say yes and the likelyhood is very scary to consider. Bitcoin is trading about7k right now. Imagine if bitcoin is 50k in price, what will be the price of altcoin?
newbie
Activity: 33
Merit: 0
November 07, 2017, 12:45:04 AM
#36
Bitcoin has kill many altcoin last few week. But if we exchange altcoin to usd, we have no lose. I think we lose some bitcoin, not usd.
full member
Activity: 462
Merit: 100
November 06, 2017, 10:21:42 AM
#35
Now a days all alt coin markets has been dumping and dumping without any simple pump for the btc price increasing.So just i want to know that can bitcoin destroy the maximum type of alt coins market?
I don't think so each coin has its own marketing and it is sometimes ups to the exchanger, it is sometimes ups to the supply and it is maybe ups in Bitcoin price. It is possible that if bitcoin price increases the altcoin price decrease.
full member
Activity: 217
Merit: 120
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November 06, 2017, 10:20:46 AM
#34
Yes absolutely you can expect Bitcoin to kill altcoins in the future. They only have short term utility while the Bitcoin network is still scaling. That is only some of them, like Litecoin and Monero. 99% of the rest of them will pop like the bubble that they are. They were created to speculate and no one is buying to hold which is why you see the prices decreasing when Bitcoin is rising.
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