Topic: Can we survive without Bitcoin? - page 28. (Read 2136 times)
Bitcoin acts as a standard of all crypto currencies and is not going to compete with anyone. It is therefore not worth it to replace it with another crypto currency. But altcoyins are quite capable of substituting each other and competing with each other.
A few years ago we did not even talk about bitcoin, so yes at the moment we can do without
The market would most definitely survive without bitcoin, but it would be a huge setback which would take months, even maybe a few years for the crypto market to recover. Because it's not just about the technology behind bitcoin, but rather also about how people perceive bitcoin to be the most important cryptocurrency as well. In their eyes, bitcoin's failure would mean the failure of crypto as a whole, and it would take a long time for people to realize that this may not actually be the case.
dont worry with any news. Please HODL your coins. It will be raised at least with in 10 years.
full member
Activity: 252
Merit: 104
Decentralized Ecosystem for User-Generated Content
There is no current alternative to replace Bitcoin and that is because Bitcoin hasn't failed yet. There are several hundred coins lined up to try take that position though if Bitcoin ever does fail. The crypto economy can survive without Bitcoin but I think a lot of confidence would be lost at that time, although a recovery to me would seem inevitable.
Yes we can but people's helping bitcoin will depressed it and not easy to overcome if it loose, because their sourece of income will loose also.
Many of us may have read that 2018 will be game over for bitcoin.Every now and then have seen that every Tom, Dick & Harry Coin claims that their blockchain technology is better than bitcoin and they will solve the real issue with bitcoin network but in reality no one is even close to that.
Is there a alternate to bitcoin to replace it?
Can this crypto economy survive without bitcoin?
Is there a alternate to bitcoin to replace it?
Can this crypto economy survive without bitcoin?
Jump to: