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Topic: Can Cryptocurrency Stand Without Bitcoin? - page 24. (Read 2298 times)

newbie
Activity: 54
Merit: 0
Maybe it's possible for other alt coin to be the number one. But i think it will a lot of time. Bitcoin has established itself on it's place and it is difficult to replace bitcoin.
newbie
Activity: 44
Merit: 0
No,  crypto currency would have not exist if not for bitcoin.
hero member
Activity: 910
Merit: 550
I mean Why bitcoin? Why waste huge energy in mining. As everyone know bitcoin is useless in terms
of usability.
My question to bitcointalk users :

Is this possible that any altcoin become no 1 on coinmarketcap and bitcoin disappeare

I think this can be possible, what you think so comment below...


I think what you mean is a business cycle concept of businesses.

As you could see, bitcoin is the most successful crypto ever in the market of cryptocurrency and definitely would be the most of others. The question of why we should waste energy for mining is the same as wasting our time. It is economic and HUGE; I think it is better to say enough because everyone can mine in a simple laptop. The only point here is that people do not easily grasp the idea and usage of bitcoin. This is the future, perhaps if people will find its way and its usefulness but yes people would agree that it is nothing because it is the simple thing to understand...

hero member
Activity: 1139
Merit: 500
I'm thinking of many logical comparisons where we can describe bitcoin has the highest position of them all.

But to explain briefly since there are too many posts that have said their opinions about the question and most of them told almost the same on my mind.

I'll only say to those that are thinking that crypto market can stand without bitcoin, crypto's will never be too strong and the same without bitcoin.
Bitcoin has been the king of all cryptocurrencies, already has a large edge, and been the benchmark of all other cryptocurrencies. Realistically, there have been other potential coins, ICO's in the market. In addition, despite the differences and its potential I still believe that each coin has its own strengths and weaknesses, it has different functionalities, offered great opportunities, and it's up to us to decide where to trade or invest. It depends how that coins strengthen its network, promote, and support its system for it to stand stronger and gain trust from the public. Better do background check, do research, and be strategic.
full member
Activity: 476
Merit: 101
www.daxico.com
That's quite hard to imagine today because the cryptoworld depends on bitcoin's presence. If bitcoin is not around anymore, a possible alt coin - ETH pairing will be readily available on that moment, thus, making ethereum to be the successful successor of bitcoin during that time but that will take so much time before the cryptoworld can recover.
jr. member
Activity: 224
Merit: 1
No because bitcoin makes the crypto grow and if there is no bitcoin then the crypto will not grow for the reason that the bitcoin makes the crypto grow and it is the only coin that has the higest value and the higest volume that is circulating not like in other coins the volume is few and the value is not that high so the other coins are not that profitable unless you are harworking in finding ways to add up your coins.  
full member
Activity: 294
Merit: 100
Your professional profile on the blockchain
I mean Why bitcoin? Why waste huge energy in mining. As everyone know bitcoin is useless in terms
of usability.
My question to bitcointalk users :

Is this possible that any altcoin become no 1 on coinmarketcap and bitcoin disappeare

I think this can be possible, what you think so comment below...


I know we can not underestimated the power of altcoin, but for now, i think it will be very hard to altcoin to beat the domination of Bitcoin. Bitcoin is the first, and the most popular coin among all, and if want to break all of that domination, i think we have to wait maybe 10 years from now, but i think it will be very hard.
hero member
Activity: 3080
Merit: 603
I'm thinking of many logical comparisons where we can describe bitcoin has the highest position of them all.

But to explain briefly since there are too many posts that have said their opinions about the question and most of them told almost the same on my mind.

I'll only say to those that are thinking that crypto market can stand without bitcoin, crypto's will never be too strong and the same without bitcoin.
sr. member
Activity: 1624
Merit: 315
Leading Crypto Sports Betting & Casino Platform
Possibly, but not now. Eventually, when something really disrupt this whole blockchain era. Something that will be actually used globally without too much restrictions, boundless reach. But that maybe is still not now, but who knows. Some alts now are proving their worth and compared to bitcoin, has really sunstantial potential. Only time will tell.

  We have different opinion on the above topic as posted, its a bit crazy to know that your are here in Bitcoin forum and yet the posted question is quite the opposite, What Bitcoin has become now is because of the superior System of technology, the blockchain, the fundamentals, the market structure and the high level of confidence of investors for Bitcoin. It is still the number one among the ALT coin posted in the market until of this writing. i don't think crypto currency can stand  as of today in the market with out Bitcoin.
hero member
Activity: 2156
Merit: 803
Top Crypto Casino
Nice Question!\

In terms of usability Bitcoin is one of the most used mode of payment within the Cryptoworld as it has one of the highest value in ratio to Fiat. It is the cheapest and fastest mode of transfer of Currency as compared to Fiat. It has replaced one of the most common assests known as property as its value increased significantlly last year. It is one of the most secure and safe way of trading in Crypto exchange. All Alts are traded using Bitcoin.

Now if you are looking to replace Bitcoin you need to change the above usage. I doubt if it will ever happen. Might happen or Might not, only the Future will tell.
full member
Activity: 350
Merit: 108
the beginning of the first crypto is the bitcoin followed by altcoin. at this point the base of all altcoin is bitcoin, so when bitcoin dies then altcoin dies. so in my opinion cryptocurrency can not be without bitcoin.
newbie
Activity: 33
Merit: 0
I think it can. The next bitcoin is AML BitCoin so make sure to read about it.
jr. member
Activity: 73
Merit: 1
Bitcoin Is First And Number One Cryptocurrenc. Many People Believed Future World Currency name Bitcoin.Bitcoin is Profitable Currency in Short Time. 
member
Activity: 266
Merit: 10
I mean Why bitcoin? Why waste huge energy in mining. As everyone know bitcoin is useless in terms
of usability.
My question to bitcointalk users :

Is this possible that any altcoin become no 1 on coinmarketcap and bitcoin disappeare

I think this can be possible, what you think so comment below...


Theoritically it is, but as we already know, the fact is bitcoin is more popular than the other coins. Also, a lot of altcoins already pair with btc. It means that, when the price of btc is going down, then the altcoin is going down too and so on.
hero member
Activity: 1078
Merit: 501
I think it is impossible that some other altcoins can stand up without bitcoin because, in my opinion, bitcoin is the reason why there are a lot of cryptocurrencies now. It is hard to imagine that bitcoin is gone but others are still there. It is easy now to convert our altcoin through bitcoin.
newbie
Activity: 11
Merit: 0
Severally, people av been commenting whether other coin can supersede bitcoin, but the answer is no bcos bitcoin itself dictate d price of all other coin
full member
Activity: 304
Merit: 100
I think.cryptocurrency can stand alone even without bitcoin. Bitcoin was just another cryptocurrency, and some cryptocurrencies do not depend on bitcoin. Investors got their sharea through dollars for them to have their tokens, not by means of bitcoins. Others got theirs through ethereum, not bitcoin. Meaning, altcoins as cryptocurrencies can stand alone.
member
Activity: 115
Merit: 10
There are a lot of possibilities that a different cryptocurrency can replace bitcoin. Most people in the crypto world are more concern about the transaction fees and how safe it is to use a particular cryptocurrency. Looking at the crypto market now, the market cap and volume of some cryptos is increasing exponentially. With this kind of increase, there are a lot of possibilities.
jr. member
Activity: 196
Merit: 1
Yes, of course. Cryptocurrencies can exist without bitcoin. It’s a similar answer to the question of “can blockchain exist without bitcoin?” We all know that blockchain tech was invented for bitcoin. After the implementation, blockchain has been dubbed as a revolutionary technology that can bring transparency in the system. This also means that other blockchain apps can support other cryptos. All these coins co-exist but do not rely on each in order to survive. Who will remain on top? Well, it’s the survival of the fittest, IMO.
full member
Activity: 854
Merit: 108
I mean Why bitcoin? Why waste huge energy in mining. As everyone know bitcoin is useless in terms
of usability.
My question to bitcointalk users :

Is this possible that any altcoin become no 1 on coinmarketcap and bitcoin disappeare

I think this can be possible, what you think so comment below...



Any Altcoins could replace Bitcoin if it will disappear but the question is when and how? Bitcoin already build a legacy and a deep foundation of trust among the people that is why it doesn't need commodities just to attract more people to invest because the people already believed that Bitcoin is the most potential and the most promising crypto investment therefore it is really very impossible for any Altcoins to supersede Bitcoin.
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