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Topic: If Bitcoin dies does altcoin die? - page 26. (Read 17293 times)

jr. member
Activity: 158
Merit: 1
“Blockchain Just Entered The Real World”
February 15, 2018, 06:22:24 PM
Altcoins will not disappear at all, but their price will be much less. The course of all altcoins is tied to Bitcoin. So this we see such jumps in prices today
member
Activity: 98
Merit: 10
Innovation Powered by Crypto
February 15, 2018, 06:15:02 PM
if the bitcoin is totally banned or it had entainted the alt in its fall but it would be in the worst case otherwise it would rather be replaced by other like ethereum for example which would become the reference currencies
sr. member
Activity: 574
Merit: 256
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February 15, 2018, 06:03:05 PM
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.

I think that bitcoin wil not die, but even if sometime this is happen not all altcoins is die.
They will have less confidence, but not necessarily they will die
full member
Activity: 434
Merit: 100
February 15, 2018, 11:44:14 AM
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. Smiley

In my own opinion altcoins will still go further even bitcoins will die in the future for the reason that most of the people has already invested a huge amount of money. There are altcoins today that are showing some potential like ethereum coins so probably if bitcoins will die then there will be an altcoin that will exist to replace btc.
newbie
Activity: 196
Merit: 0
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.
 
full member
Activity: 406
Merit: 100
February 15, 2018, 11:27:35 AM
For me maybe but most likely just altcoin as a blockball program that is too long-winded but on other platforms they will still stay. It all depends on the problem why bitcoin dies. Cool
full member
Activity: 481
Merit: 100
February 15, 2018, 11:18:51 AM
There is a high chance and possibolity of all altcoins dying as soon as bitcoin dies. Afrer all, you couldn't invest your money on ither altcoins like ethereum, ripple and the likes if you haven't yet invested money on bitcoin. Same goes with the withdrawing of bitcoims to turn into cash. I believe that without bitcoin all cryptocurrencies would die or not even exist.
member
Activity: 264
Merit: 11
February 15, 2018, 11:08:04 AM
There is a possibility of this happening if in case the death of bitcoin was caused by a global ban on the use and owning of cryptocurrency, in which case the death of bitcoin would cause all other altcoins to die gecause without bitcoin you couldn't transform your cash into altcoins. And you can't withdraw your investment on altcoins unless you turn it back to bitcoin then withdraw it.
jr. member
Activity: 296
Merit: 2
February 15, 2018, 11:03:26 AM
i dont think so, i dont know if bitcoin will die in the future, but i think its not. because bitcoin is money, money is all we need, and we use money in everything we do in life. so without bitcoin how are we supposed to do transactions online? aside from credit cards.
A good opinion and I like your opinion.
I think bitcoin will never die whenever and moreover bitcoin starts worldwide and bitcoin is able to change people's lifestyles as well as bitcoin often gives a big income to followers, so I'm sure bitcoin either altcoin will never die.
Most likely it's just a mere news that people make so many people who use bitcoin and altcoi n it can sell all the coins let ain people who buy cheaply.
newbie
Activity: 25
Merit: 0
February 15, 2018, 10:54:57 AM
Crypto currency is still young and new to the world, Bitcoin being the first has done a pretty good job with public acceptance thus far.  No other coin has come close to even half of that kind of publicity as Bitcoin. Therefore if bitcoin dies altcoin as we know it may just go with it. Take bitconnect coin as a case study, immediately it went under so did the rest lending platforms.
newbie
Activity: 92
Merit: 0
February 15, 2018, 06:08:07 AM
we may all already know that altcoin prices are related to bitcoin prices. and we also know that bitcoin is very expensive. if the expensive bitcoin is dead how altcoin news is priced much cheaper than bitcoin. so if the bitcoin dies then altcoin too will die. so my opinion.
newbie
Activity: 27
Merit: 0
February 15, 2018, 05:47:58 AM
I dont think it is possible for bitcoin to actually die with such demanding market (at least in the nearest future), and yet, if such happens, a lot of altcoins will be in a good shape because of different approach from different projects on the existing market.
newbie
Activity: 84
Merit: 0
February 15, 2018, 05:22:20 AM
Bitcoin has a huge impact on all coins and if something bad happens with BTC, altcoins will struggle a lot.
sr. member
Activity: 630
Merit: 250
February 15, 2018, 04:20:17 AM
prices of altcoin are depending on bitcoin, now none of altcoins are so strong to be on the market without bitcoin, so i thing most probably it will happen so.
member
Activity: 231
Merit: 10
February 15, 2018, 03:53:23 AM
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. Smiley
There must be some reason when bitcoin dies, so you better know first why bitcoin can die ...
and I think bitcoin will not die because bitcoin is the world's first digital currency so bitcoin will be the future for all of us. Bitcoin will never die and will survive.
member
Activity: 112
Merit: 10
February 15, 2018, 03:41:29 AM
It depends on what made bitcoin disappear. If it is the government that made them disappear, then altcoin would also disappear. Bitcoin is a very expensive but imagine if bitcoin die there will be hope for the future of altcoin because altcoin exchange in bitcoin. Bitcoin and altcoins is connected so if bitcoin dies the altcoins is affected so altcoin dies too.
member
Activity: 126
Merit: 10
DOGE:DDvXm3ZkXSFeZF9YVaTWGNyBZzfwVf8nnh
February 14, 2018, 02:40:45 PM
BTC will still be kept alive so long as it continues to be the main coin that is traded against Fiat, and all other altcoins in exchanges.

However, if another coin exceeds BTC's market cap (very difficult for that to happen atm), then most probably that coin will also be accepted to be traded against Fiat, and could very well become one of the coins that is paired with the rest (like with BTC/ETH, and LTC and even DogeCoin in some small exchanges)
newbie
Activity: 97
Merit: 0
February 14, 2018, 02:39:56 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. Smiley


yes there is hope for altcoins.. if bitcoin dies.. but technically speaking they almost based on btc value for trading... so lets say btc dies.. there are some of the factors were btc will going to collapse.. major is holders transfer to some altcoins lets say,, ethereum... so if btc dies eth will be save.. and guess what?? eth will surge its value again.. thats the mechanism of trade..
member
Activity: 126
Merit: 10
DOGE:DDvXm3ZkXSFeZF9YVaTWGNyBZzfwVf8nnh
February 14, 2018, 02:38:26 PM
As we already saw , when bitcoin price fall for 10% then all altcoin fall over 30%. So I mean if bitcoin die then probably all altcoin will die with him. But that's not gonna happen because bitcoin is future and altcoin will try to beat bitcoin but that's not possible.

No, it may see that way atm, but the fate of altcoins isn't necessarily tied to BTC. It only appears that way atm because BTC's prices is kept high due to it being the main coin that is traded against Fiat and paired with altcoins in exchanges -- hence its value becomes an indicator of the whole crypto ecosystem.

But if confidence towards BTC is somehow (but very unlikely) lost, then it may crash and another one of the many top cryptos will take over (perhaps LTC?) -- after a period of market turbulence creating a good time to buy in if all of it crashes for awhile.  And once the dust have settled, then BTC will remain relatively low, while the new KING to the CryptoThrone will be pumped to similar heights -- at least that is what I think.
full member
Activity: 645
Merit: 145
February 14, 2018, 02:28:07 PM
As we already saw , when bitcoin price fall for 10% then all altcoin fall over 30%. So I mean if bitcoin die then probably all altcoin will die with him. But that's not gonna happen because bitcoin is future and altcoin will try to beat bitcoin but that's not possible.
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