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Topic: If Bitcoin dies does altcoin die? - page 36. (Read 17322 times)

jr. member
Activity: 70
Merit: 1
January 11, 2018, 02:00:10 PM
If a specific bitcoin bug causes die, this won't kill other altcoins. But, as you told if governments ban bitcoin completely, this will also be the end of altcoins. People stop buying the illegal things.
full member
Activity: 532
Merit: 132
January 11, 2018, 01:42:35 PM
Bitcoin is not going to die, he just beginning to live, every day more and more new fans join ! but if it happens it will drag all altcoins for you!
Yes, The chance of bitcoin will be dying is too low, because it's still a new, I mean not all of people use it for now, so I think it will survive for 10 years or maybe more, Also I think if bitcoin will die, Altcoins will follow that, because bitcoin is the number 1 in the market cap, so when he dying, he will influence to others crypto.
hero member
Activity: 3066
Merit: 629
20BET - Premium Casino & Sportsbook
January 11, 2018, 12:59:09 PM
Many altcoins are depending to the market of bitcoin and if bitcoin will start to be dead then other altcoins will follow. But not all will be dead, there will be some that will survive and will change it's main dependent from BTC/alt it will be USD/alt.

Altcoin will not affect and bitcoin will never die
Altcoin will be affected if there is something wrong happening to bitcoin but I like what you've said with bitcoin.
member
Activity: 336
Merit: 10
January 11, 2018, 12:49:47 PM
Bitcoin is not going to die, he just beginning to live, every day more and more new fans join ! but if it happens it will drag all altcoins for you!
newbie
Activity: 30
Merit: 0
January 11, 2018, 12:47:11 PM
The death of bitcoin is what no crypospace player could pray for because it is the engine of the crypto community and the oil that fuels the economy. I believe that the survival of most if not all Altcoins depends on the survival of bitcoin. It's only very few Altcoins could survive if the worst in anyway happens.
member
Activity: 103
Merit: 10
January 11, 2018, 12:38:38 PM
No the alt coin will not die if the bitcoin die because the altcoin and the bitcoin is totally different because altcoin are nothing but a different companies shares bitcoin is only used to exchange the coins or convert the coins to the real currency
jr. member
Activity: 217
Merit: 5
January 11, 2018, 12:36:52 PM
The bitcoin will never die and neither will the altcoins, since carrying from altcoins to bitcoin does not guarantee that the currency devalues, taking into account that what inflates the value of the altcoins is the purchase and sale; there are people who will always want to stay, but obviously wanting to earn a small percentage, that's why they start selling, and they take it to the bitcoin currency that is the most popular. Once they do, they sell them and, because of that, sometimes their value decreases, however people will continue to invest in altcoins because they are the ones with the most movement, ideal for trade. On the other hand, bitcoins are a bit more stable compared to the altcoins
full member
Activity: 168
Merit: 100
January 11, 2018, 12:09:23 PM
I never thought that bitcoin would die, because I do not know when bitcoin will die. bitcoin will not die because some are still using bitcoin as their income. nothing will stop bitcoin, even though the government will turn off bitcoin, it will not be done by the government. now that bitcoin has received many in the world so there is such thing as bitcoin die, altcoin die? so you all do not worry about bitcoin?
sr. member
Activity: 913
Merit: 252
January 11, 2018, 11:57:03 AM
Altcoins don't have an independent existence without Bitcoins. Therefore I don't think that most of the altcoins will be able to survive without Bitcoins. A few such as Ethereum and Ripple may survive.
newbie
Activity: 9
Merit: 0
January 11, 2018, 11:48:43 AM
Altcoin will not affect and bitcoin will never die
member
Activity: 101
Merit: 100
Cointed. The Future of the Money
January 11, 2018, 11:44:25 AM
I only think of a limited scenarios in which Altcoins won't die along with Bitcoin and that is when all Bitcoin holders have migrated or shift into the next big cryptocurrency available, but that is of only Bitcoin failed by itself. But if the government have dofferent views otherwise then Bitcoin and other altcoins will die together because Bitcoin is the biggest cryptocurrency in terms of market share, and other are only trading altcoins to earn Bitcoin in the process.

I strongly agree on your opinion that, a limited scenarios in which Altcoins won't die along with Bitcoin and that is when all Bitcoin holders have migrated or shift into the next big cryptocurrency available, but that is of only Bitcoin failed by itself. Adding also my opinion that, I dont think and 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. In addition, there are enough alts trying to do completely different things. Many shouldn't be considered currencies or stores of value at all despite having a price tag attached to them.

That is true. If we are talking about probabilities, it is very limited. Despite there is direct correlation between bitcoin and alt coins, there are many alt coins that are serving for people's good. even if some of them will be still remain alive, those will be the service companies imo.
member
Activity: 61
Merit: 10
January 11, 2018, 11:43:28 AM
If Bitcoin dies, it will definitely affect alt coins to an extend. But alt coins will definitely not die, as firstly they are not built on bitcoin and secondly good alt coins solves problems thus when people use it there is value.
member
Activity: 168
Merit: 10
January 11, 2018, 11:38:50 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

The death of Bitcoin will only leave room for the Altcoins to rise. If the king fall, there will be another one to take his place, at least that's how I see things.
hero member
Activity: 686
Merit: 521
January 11, 2018, 11:34:59 AM
We have witnessed several altcoins die along the way and Bitcoin has remained strong and alive.... and If Bitcoin was to die today I see no reason why altcoins should follow this path because afaik they are all independent of each other.
newbie
Activity: 40
Merit: 0
January 11, 2018, 11:25:51 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
altcoin is the same as bitcoin, altcoin is created individually not a child of bitcoin, those who use altcoin, on average they exchange their altcoin to bitcoin, because the bitcoin keeps rising.
member
Activity: 210
Merit: 26
High fees = low BTC price
January 11, 2018, 11:15:26 AM
If Bitcoin dies does altcoin die?

Well if granddad dies then it does not mean that the gran-kids die too and block-chain along with mining and PoW
is so yesteryear and won't scale anyway.

Ripple and IOTA are 3rd generation and HashGraph is the pudding in the oven

Bitcoin has given Crypto a bad name in it's old age due to the miners charging crazy fees and the development team
using excuse after excuse to do nothing about it so yes alt-coins will live but now most of them will live with a dirty
name because someone got too greedy

member
Activity: 117
Merit: 100
January 11, 2018, 11:05:48 AM
If bitcoin dies it will be a big opportunity for other cryptocurrency. Bitcoin is not the only the largest cryptocurrency. Some of largest altcoins will surely take the throne, like ethereum, ripple and bitcoin cash. But now i dont see any possibility that is going to happen. Bitcoin is the main cryptocurrency for worldwide payment system.
jr. member
Activity: 62
Merit: 1
January 11, 2018, 10:54:18 AM
I don't believe altcoins will die if Bitcoin is dead. Blockchain technology has begun to work in every field. Bitcoin is a monetary value, technology doesn't die when Bitcoin dies. I think,  altcoins will continue to live.
newbie
Activity: 26
Merit: 0
January 11, 2018, 10:53:30 AM
Although bitcoin is dead for any reason, I think altcoin will not affect much, but the bitcoin death I think it's too far away.
full member
Activity: 168
Merit: 101
January 11, 2018, 10:46:50 AM
All depends on the market and the demand. If when bitcoin dies but altcoin enthusiasts much then altcoin will not follow bitcoin because even now bitcoin is only used as a benchmark to determine the price of altcoin. Even so, I'm sure bitcoin will not die as more and more new users and it means that bitcoin enthusiasts are getting more and more.
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