If Bitcoin dies does altcoin die? - page 25.

LegGekkouga

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Quote from: deddod on September 04, 2017, 10:45:30 PM

Bitcoin is a very popular crypto coin today, we know that Bitcoin will be very expensive in the future but I imagine if Bitcoin die, whether there will be hope for the future of altcoin? because most altcoin exchanges are to bitcoins
your opinion is highly appreciated.

I think so because if bitcoin falls majority of the big bitcoin users will go to the biggeat altcoin but these alternative cryptos doesn't have bigtime developers so it might not be stable and may shut down quickly.

Mr.Anonymous

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Quote from: Xester on February 14, 2018, 12:12:19 PM

Quote from: superphreakz on February 14, 2018, 11:16:21 AM

It's not if, it's when,

Bitcoin will eventually die if it doesn't evolve, it was the pioneer and we won't forget that but with other coins on the rise with real use cases the future for crypto looks great, for BTC not so much-

My personal prediction, bitcoin dies, ETH and other useful alt-coins rise in it's place-

In my opinion, if ever bitcoin will die then so other coins. Simply because bitcoin is the basis of all the crypto currency. So if bitcoin will die then alt coin will likewise die Bitcoin is the most popular and trusted digital currency so if it dies many will not believe anymore.

At least, the value of Altcoin are depending on the value of Bitcoin. I do not negate this situation, because it is the trending created by most of the trader and the whale also take advantage this opinion to buy more altcoin at cheap price when they make the Bitcoin price decreases.

ccabz

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Quote from: deddod on September 04, 2017, 10:45:30 PM

Bitcoin is a very popular crypto coin today, we know that Bitcoin will be very expensive in the future but I imagiagain. Bitcoin die, whether there will be hope for the future of altcoin? because most altcoin exchanges are to bitcoins
your opinion is highly appreciated.

= = =

If this scenario will happen though we are hopping that it will not, there will still be a dominoe effect if bitcoin dies. However, other altcoins will rise again and is stable enough to fix any problem cause by the downfall of bitcoin

Pero20

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I do believe if bitcoin dies that altcoins will die too

Serdaldal

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Without bitcoin alternative coins can not upgrade themshelves. Because the biggest effect on altcoin is bitcoin.

spiritguardcharles

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Of course not,Bitcoin and altcoin is a different matter.We can't say that if bitcoin goes down altcoin wil go down as well since there's no connection between the two.Maybe we could consider the possibility of bitcoin being dominated by the other crypto currency such as altcoin,ethereum and etc since those currency are rivals in the world of digital currency. What i'm trying to say is if bitcoin dies,there would be a replacement which mostlikely coming from the other crypto

dzaqira09

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Quote from: deddod on September 04, 2017, 10:45:30 PM

Bitcoin is a very popular crypto coin today, we know that Bitcoin will be very expensive in the future but I imagine if Bitcoin die, whether there will be hope for the future of altcoin? because most altcoin exchanges are to bitcoins
your opinion is highly appreciated.

when the dead bitcoin is not necessarily altcoin is also dead, because many types of digital currencies in the world crypto, ETH bitcoin die instead of bitcoin ,,,

Coinsher

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Quote from: deddod on September 04, 2017, 10:45:30 PM

Bitcoin is a very popular crypto coin today, we know that Bitcoin will be very expensive in the future but I imagine if Bitcoin die, whether there will be hope for the future of altcoin? because most altcoin exchanges are to bitcoins
your opinion is highly appreciated.

If bitcoin die,I think altcoins will die too.Because I imagined that the one who managed bitcoins, are also managing the altcoins or even all cryptocurrencies.I mean,to think bitcoin is the original? Maybe there's no group can create and manage their own coin without knowing the management of bitcoin.They must need first the approval of bitcoin before it will put in the cryptocoin price index.

KesoNie

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Quote from: YzzyGo on February 15, 2018, 11:35:37 AM

It will drastically affect altcoin since it is the posterboy for cryptocurrency. If bitcoin inexplicably dies then the reason to believe in altcoins might falter also. But depending on the altcoin of course. There are a few altcoins who have utility in their respective projects/companies and these should help with their survival.

I guess the failures and worst thing that may happen in bitcoin will affects most also in altcoin. Based on my observation this altcoins are made as a remedy for bitcoin since it's price is too high to afford that's why we could still have a chance to earn bitcoin by means of trading. Similar cases happened like the decrease of price of bitcoin and altcoin as well, so bitcoin does have a big effect to altcoin.

nesty

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Quote from: deddod on September 04, 2017, 10:45:30 PM

Bitcoin is a very popular crypto coin today, we know that Bitcoin will be very expensive in the future but I imagine if Bitcoin die, whether there will be hope for the future of altcoin? because most altcoin exchanges are to bitcoins
your opinion is highly appreciated.

As the original crypto curreny if Bitcoin die it would affect all other crypto currencies because the trust of the investors to the digital currencies will be lessen. But most probably we cannot predict if all other coins would die as well when bitcoin loose its value.

PsylockReborn

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Quote from: deddod on September 04, 2017, 10:45:30 PM

Bitcoin is a very popular crypto coin today, we know that Bitcoin will be very expensive in the future but I imagine if Bitcoin die, whether there will be hope for the future of altcoin? because most altcoin exchanges are to bitcoins
your opinion is highly appreciated.

In my own opinion, bitcoin is the father or mother of all coins. The death of bitcoin won't happen in the near future. If bitcoin will die so as well as all the alt coins. I'm not really sure about this this is just my own opinion though. I do believe in bitcoin's technology so far no alt coin can surpass its value atm. Eth is a very good choice if bitcoin fails. As long as there are businesses or investors using bitcoin it will never die. It may lessen its value but it wont be gone forever.

Twinscoin2017

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Quote from: Xzhyte on February 15, 2018, 08:10:09 PM

The only reason for bitcoin to die is when nobody else is using it, when all governments in the world decided to ban it, or if there came a catastrophic event where internet will be shut down. I think it's not likely that bitcoin will die, because some country are actually adopting to it, and I'm positive that bitcoin will be there till the end of time.

Well i believe that bitcoin is really not going to die in fact it is now getting more popular and more trend each days. However if the bitcoin accidentally loss its value and die maybe all coin in crypto will be paralize because some of the altcoin is running through bitcoin exchange if bitcoin will fall to zero maybe a huge dropping of altcoin will occur but I think it is really impossible I believe this things will not going to happen.

Mariela

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Thinking of bitcoin die is like a criticism or pessimism about something.
Well if bitcoin is die., alcoin will belost too because they have unification or state of being partnership.

NadiaHel

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Quote from: deddod on September 04, 2017, 10:45:30 PM

Bitcoin is a very popular crypto coin today, we know that Bitcoin will be very expensive in the future but I imagine if Bitcoin die, whether there will be hope for the future of altcoin? because most altcoin exchanges are to bitcoins
your opinion is highly appreciated.

This is a curious question, for when you see the last months statistics, you will discover how when bTC falls, all crypto suffers (take a look to https://coinmarketcap.com).
Thats really means BTC is the generator of every coin price.
If BTC die, as you say, the market will need another "generator". In my opinion, it will be ETH. For sure, some altcoins will die with BTC but I dont believe it will mean the end of cryptocurrencies.

Xzhyte

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Blockchain with solar energy

The only reason for bitcoin to die is when nobody else is using it, when all governments in the world decided to ban it, or if there came a catastrophic event where internet will be shut down. I think it's not likely that bitcoin will die, because some country are actually adopting to it, and I'm positive that bitcoin will be there till the end of time.

hackl3r

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Not necessary but in long term yes, i dont know if you knew but when the bitcoin droped 20% few weeks ago, there was a few gaimers, like +60%, 80%, etc...
But the question here is, if BTC falls its price 100%, and you have for example 300 Segwit2x(1 S2X/$300), how do you sell it? i mean? where?.
There has to be one of biggest coins with some positive value, like ripple, ethereum, litecoin, because there is people who buy/sell this coins in some real places, but why buy S2X if BTC is 0? Or you can trade B2X/USD, and withdraw with credit card...i don't know...

Dorion2124

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Quote from: deddod on September 04, 2017, 10:45:30 PM

Bitcoin is a very popular crypto coin today, we know that Bitcoin will be very expensive in the future but I imagine if Bitcoin die, whether there will be hope for the future of altcoin? because most altcoin exchanges are to bitcoins
your opinion is highly appreciated.

I think altcoins will not die because there are many altcoins in the market and i think one of them will replace bitcoin so that all altcoins will not gone. But we all hope that all coins will not die, so that we can use them.

Decimation

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If Bitcoin is banned, then most likely all the altcoins would be banned along with it. That just means trading it is prohibited but the coin still exists. Then again that brings up another problem that if all the coins are banned from being traded, where is the value at. Right now Bitcoin is really only valued to USD so if trading and exchanging it for USD is not allowed, then really the entire value of the coin is nothing.

habibruis

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We can not think altcoin without bitcoin in the digital world. Bitcoin is root of all other coins. we use altcoin to earn bitcoin in digital market. so that I think if bitcoin dies altcoin die also.

senin

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This is not necessary. If bitcoin for some reason disappears, then its place should take another successful digital coin, which will be instead of bitcoin intermediary in the exchange of other crypto currency in fiat. It can be ethereum, bitcoin cash or other crypto currency.

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