Can bitcoin kill maximum alt coins? - page 4.

gabmen

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Quote from: sujonali1819 on November 04, 2017, 01:00:27 PM

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

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Bitcoin will never vanish or destroy the growth of altcoins. Altcoins were a support system that can make the bitcoin grow much higher in terms of value and usage. Altcoins were getting developed based on unique plans that provide way for the user group to get benefited with the existence of new pairing groups for trading purpose.

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Quote from: sujonali1819 on November 04, 2017, 01:00:27 PM

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?

Have you seen how altcoin behave when bitcoins price do tend to increase.It did dump but not completely die and do able to recover later on when people are switching back again on altcoins.Most altcoin might dependent on bitcoin but some of them arent which they can able to stand on their own.Theres no really need to panic or stress yourself out if you do see on how many altcoins in the makret im sure you wont really ask for more.

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Quote from: sujonali1819 on November 04, 2017, 01:00:27 PM

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?

No, because Bitcoin can’t control the whole cryptocurrency market alone. Bitcoin won’t be used for small payments or micropayments and maybe not for any payments. The fees for Bitcoin are so high that it may only be used for a store of value or for extremely large purchases.

This will open the door for other cryptocurrencies to be used for small or midsize payments. Also there are altcoins that have specific purposes like Etherium’s smart contracts and Iota’s internet of things. These can survive for their functionality.

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Quote from: sujonali1819 on November 04, 2017, 01:00:27 PM

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?

look bitcoin does have role in dumping the prices of altcoins, yeah we can say that bitcoin got the attention of investors by huge price and this result in less popularity of altcoin in crypto market and hence altcoin looses attention and result in price dump. if altcoin increase their prices in market I'm quite sure that investors will invest back on altcoin.

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It is a matter of preference some investors prefers to invest in profitable alt coins but it is obvious that bitcoin is leading in all ramification this cannot or will not kill altcoins

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It is a fact that bitcoin is pioneer and face of cryptos, so whatever is happening in cryptocurrencies world somehow relates to the bitcoin market. Although altcoins have to suffer whenever bitcoin is rising rapidly or falling in the same way but it doesn't mean that bitcoin could kill the market of altcoins. Many top ranked altcoins have managed to survive even in the worst scenarios.

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I think bitcoin will keep the lead, but will not kill all altcoins. Many altcoins more technologicznie and have great opportunities.

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Quote from: sujonali1819 on November 04, 2017, 01:00:27 PM

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?

of a truth bitcoin Can destroyed altcoins markets and the current happening should be a lesson for all of us, Bitcoin can survive without altcoins and altcoins cannot survive without bitcoin. Altcoins need bitcoin to grow but bitcoin can grow without need for help from altcoins. Most of them are in red almost through out last month and bitcoin has been getting increase day by day. I have this feeling that a day will come when we would find it very difficult to sustain altcoins markets!

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Quote from: Hypnosis00 on November 05, 2017, 01:52:37 AM

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.

There is nothing for bitcoin to deal with the altcoins or gonna heat up them. Everyday we are seeing huge amount new ICO comes out in the market and everyone go with the investing on it then owner pack is bag and scamming many people.
This is what happening to altcoins why bitcoin should bother and worry about altcoins.

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Quote from: Svener on November 04, 2017, 02:11:07 PM

Quote from: sujonali1819 on November 04, 2017, 01:00:27 PM

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?

The demand for the bitcoin has been increased very much so the other altcoins are not making any progress in the price growth.But we can't say bitcoin will kill all other altcoins because in future there might be other coins also will compete for the place of crypto currency king.So the developers of the other altcoins need to advertise about their coins in to the crypto world to make demand for their coins.

It is not right to say that bitcoin is killing other altcoins. bitcoin do not have any concern with other altcoins, It is depending on the demand of the people, increasing demand of bitcoin is the reason for the increasing price of bitcoin, but i think still there are some other altcoins like Etherium which also have good potential and people are also interested to invest money there. I am sure that if people will continue taking interest in Etherium i am sure that very soon Etheriium will also be trading in a good price.

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Quote from: sujonali1819 on November 04, 2017, 01:00:27 PM

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?

Maybe for some altcoin will feel the impact of soaring bitcoin prices and there may be some who will destroy. And now we should be able to choose altcoin if we want to invest

Hypnosis00

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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.

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Quote from: mrcash02 on November 04, 2017, 09:14:58 PM

Quote from: sheilasekarbumi on November 04, 2017, 08:43:19 PM

Quote from: trinhdinhthang20007 on November 04, 2017, 02:21:55 PM

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

I don't think Altcoins were supporting Bitcoin's transaction speed at all. Altcoins were just like Bitcoin at the start , you can think about the clones of Bitcoin but with other some improving features. But Bitcoin is a basic thing.

When BTC's transaction fee is high people tend to use AltCoins, that is a good strategy to move money paying cheap fees or to play at casinos. So it makes impossible to kill AltCoin's market, because there will be always some demand for it and without this market there isn't trading too, what is one of the main interests of people when we talk about Crypto-Currency. Then what trinhdinhthang20007 says makes much sense.

Strongly agree with you. Yes, the problem behind every deal is profit, so who are the speculators and market makers? If they want to survive, they need something to sell. The speculators they want people to invest in many increase the price of BTC by taking capital but to transfer BTC to their bags, they use Altcoin. That strategy is very effective, and the development of technology is another aspect. I'm talking about the logical and interdependent existence of Altcoin and BTC.

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Quote from: sheilasekarbumi on November 04, 2017, 08:43:19 PM

Quote from: trinhdinhthang20007 on November 04, 2017, 02:21:55 PM

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

I don't think Altcoins were supporting Bitcoin's transaction speed at all. Altcoins were just like Bitcoin at the start , you can think about the clones of Bitcoin but with other some improving features. But Bitcoin is a basic thing.

My point is different, every altcoin born with the purpose of replacing the BTC, in general it is a very good reason. But why are so many Altcoin while the benefits to the community are not great and creating it is not too difficult except for some top teams that have a clear strategy. This is just a profitable strategy for BTC investors who use Altcoin as a powerful tool. Grin

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Bitcoin being the first cryptocurrency ever is a great deal to consider as altcoins were everything that followed. Its a very common trend these days to notice altcoins all in blood red while Bitcoin has been enjoying all the price rise and attention. Vice versa, when Bitcoin hits a slump, all the altcoins start working their way back up and at this point, only the established coins perform well and rise up to the expected standards while the rest of them are left behind.

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Quote from: sheilasekarbumi on November 04, 2017, 08:43:19 PM

Quote from: trinhdinhthang20007 on November 04, 2017, 02:21:55 PM

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

I don't think Altcoins were supporting Bitcoin's transaction speed at all. Altcoins were just like Bitcoin at the start , you can think about the clones of Bitcoin but with other some improving features. But Bitcoin is a basic thing.

When BTC's transaction fee is high people tend to use AltCoins, that is a good strategy to move money paying cheap fees or to play at casinos. So it makes impossible to kill AltCoin's market, because there will be always some demand for it and without this market there isn't trading too, what is one of the main interests of people when we talk about Crypto-Currency. Then what trinhdinhthang20007 says makes much sense.

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Quote from: trinhdinhthang20007 on November 04, 2017, 02:21:55 PM

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

I don't think Altcoins were supporting Bitcoin's transaction speed at all. Altcoins were just like Bitcoin at the start , you can think about the clones of Bitcoin but with other some improving features. But Bitcoin is a basic thing.

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Quote from: Psynthax on November 04, 2017, 06:38:15 PM

Quote from: sujonali1819 on November 04, 2017, 01:00:27 PM

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?

Nice but FYI, i'm holding a lot of bitcoin right now not caused by the price of the bitcoin but i want to earn the more free money through the bitcoin gold. And i can be used it to be the more capital; to trade in the altcoin.
TO kill altcoin will a bit difficult to the bitcoin because altcoin has their own market dominance

This forks causes so many problems before and later it happens. Everyone wants to get their part from cake but noone cares about other alternative options like cheap altcoins. While everyone is digged around forks smart investors already collected cheap altcoin with buying on support levels Wink

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Quote from: sujonali1819 on November 04, 2017, 01:00:27 PM

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?

Nice but FYI, i'm holding a lot of bitcoin right now not caused by the price of the bitcoin but i want to earn the more free money through the bitcoin gold. And i can be used it to be the more capital; to trade in the altcoin.
TO kill altcoin will a bit difficult to the bitcoin because altcoin has their own market dominance

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