If bitcoin dies. All the cottage coins will die?

Dingdong7

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Quote from: uobaaagrf on January 16, 2018, 11:37:57 PM

Is that the case? Bitcoin if it dies. I do not think the other coins will go well.

What I know is that, not all alternative coins are dependent on Bitcoin. The price of Bitcoin may affect the value of Alternative coins but it is not necessary they will fail once bitcoin fail. Lets just hope that bitcoin will not totally dump but actually pump, I dont see any sign of failing since people are into it and there were no major conflict hat still occurring.

bitctrimor1

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Quote from: rommelzkie on January 16, 2018, 11:53:40 PM

Quote from: uobaaagrf on January 16, 2018, 11:37:57 PM

Is that the case? Bitcoin if it dies. I do not think the other coins will go well.

My opinion if bitcoin dies then altcoins will die also. Why? because bitcoin is the father of all crypto currency. if the bitcoin value reaches 0 and dies then it means that all of the people in the world has no more interest in digital currency and block chain technology. on which is for me is impossible because the block chain technology is slowly growing and being integrated in our current technology and daily life.

Bitcoin will still be a storage of value.

I agree. There could be that chance because bitcoin is the pioneer, and the main coin that opened up the market for everyone to actually see. Altcoins only followed suit when people saw the potential of bitcoin to do good things in the market. Also, since the market is predicated in the movement and trends that bitcoin has over other coins, then if the main player dies out, in the embodiment of bitcoin, then all other small players, which are the altcoins, would have the same faith, considering that the big fish didn't survive.

5ToMessager

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I don't think bitcoin will die before some other thing have replace it, because a lot people need this kind of thing.

inhold

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Yeah right, if this time it can and may happen and affect all

alexpayne

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Cryptocurrency is a revolution and innovation, and bitcoin is a pioneer in this field, so i think that, it bitcoin die, there will be an other to appear to replace it, maybe Ethereum or Bitcoin Cash.

Itsmylife

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Quote from: Mohamme on January 16, 2018, 11:44:06 PM

If bitcoin dies, then the entire cryptocurrency market will disappear. In my opinion, it should be. If bitcoin is 0, all tokens should be 0.

Nowadays Bitcoin is no longer the dominant currency in the cryptocurrency world, and it is not the only medium of exchange. So if bitcoin disappearance, the market capitalization of cryptocurrency will decrease strongly but not become 0.

rh154c0d3

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Quote from: uobaaagrf on January 16, 2018, 11:37:57 PM

Is that the case? Bitcoin if it dies. I do not think the other coins will go well.

bitcoin dies? maybe because people move to bitcoincash and another hard fork again and again hard fork. I still don't really understand about it.

shine035

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We don't know about future but I think the King is never die !!! Keep calm !!

yunuzov

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We should have known by now that bitcoin will never die. This is just an expected correction because market grew so fast recently and that’s not healthy at all. Bitcoin and alt coins will recover soon so don’t worry neither bitcoin or altcoins will die.

hungngo13

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Some of the future coins will turn to something like stocks. I thinks the ICOs in the future will replace IPOs. And then if Bitcoin dies, that for sure will affect the market tremendously but the future of coins will turn into a different trend of trading.

Vestopia-ICO

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Unfortunately, they will also disappear((((

chelle5

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In my opinion if bitcoin will die then all altcoins will not have their future in crypto world.When bitcoin is the foundation of all altcoins then if foundation is ruined then all will die too.

matsusomoto

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If that happens,someone like ETH will stand alone to replace BTC,if there is an alt that could replace BTC that will be ETHEREUM.

Marnihughes82

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I think if bitcoin died then there is no other chance for altcoin. All will die. But I think bitcoin is starting a new growth

Nhor1011

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For me if bitcoin die,there will be other coin to replace but it is impossible to happen as of now. Every coins are different in value,market,number of demand and supply. Thats why if one of them die, others will survive for sure even bitcoin.

rizkyhiw

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Quote from: uobaaagrf on January 16, 2018, 11:37:57 PM

Is that the case? Bitcoin if it dies. I do not think the other coins will go well.

Not necessarily, no one knows what will happen when bitcoin is lost, too many possibilities will happen mate.
Could be, eth, bch, btg or else replace bitcoin place. Or just the opposite of the cryptocurrency world lost along with the loss of bitcoin.
But I feel the crypto world will never disappear, maybe only a few people will use bitcoin later on. cryptocurrency is a technology that is being developed by many institutions, so it's unlikely that the whole thing will disappear or be worthless.

leynylaine

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There are altcoins that are independent. They do not vary from the rise or fall of the Bitcoin's Market Exchange. But as of now there's no way that bitcoin will die since it's the father of all cryptocurrencies and it will stay as it should be.

Kocret02

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bitcoin die it will be difficult because bitcoin is currently one of the good coins and has the strongest position in cryptocurrency. so I suppose if a bitcoin had died there would have been a lot of coins that would benefit from ETH and other altcoin coins.

ChiBitCTy

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Quote from: Bastime on January 17, 2018, 02:10:16 AM

Quote from: uobaaagrf on January 16, 2018, 11:37:57 PM

Is that the case? Bitcoin if it dies. I do not think the other coins will go well.

I think yes, Bitcoin is like an oil, if oil drops then almost everything are cheaper otherwise then everything is expensive.
If Bitcoin dies it means Altcoins aren't secure anymore and almost all cryptocurrency will have no value at all.

What sort of educational background do you have to be making such claims, that anyone should take seriously? You’ve got some work cut out for you. I hate members like you whom just spill uneducated nonsense and act like it’s gospel.

ChiBitCTy

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Quote from: Herbert2020 on January 17, 2018, 02:02:43 AM

Quote from: wuhanyan21 on January 16, 2018, 11:49:21 PM

Quote from: Mohamme on January 16, 2018, 11:44:06 PM

If bitcoin dies, then the entire cryptocurrency market will disappear. In my opinion, it should be. If bitcoin is 0, all tokens should be 0.

Disagree. Currently bitcoin has nearly no use besides being an exchange for alts. Alts such as Ethereum, Monero and others have some use. I can see them surviving if btc dies.

if you think that then it means you have never used any of these coins apart from buying/selling them on exchanges, or probably you have no idea how these cryptocurrencies work.
and you chose the worst two coins for your examples. if you chose anything else it would have been harder to argue, but when it comes to these two it is easy because they both have proven scaling issues worse than bitcoin.

in other words if 10% of bitcoin users start using any of these coins the backlog that will be created on them will the exact same scenario that is currently going on with bitcoin: high fees and slow confirmations.

ETH isn’t a bad example. I’m not saying it won’t be replaced by a better Alt like say ADA that does not have the scaling issue, should be faster etc etc. Smart Contracts are in fact the perfect example of how Alts can be completely different from BTC and have lasting power regardless of BTC.

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