Topic: If Bitcoin dies does altcoin die? - page 46. (Read 17293 times)
In field of electronic currency or crypocurrency, Bitcoin is the first product that introduce to the market. From the excellent performance and acceptance of the public; many altcoins are created and introduce also to the public such as GHs, Litecoin, Dogecoin, Ethereum, Zcash, and etc. Every electronic currency possesses unique characteristics and its existences are independent to each other so that that value and the existence of bitcoin is not affected if one of those coins become obsolete in the market.
In my opinion if bitcoin die then it will not make a huge impact on the alt coins because if bitcoin die then other coin like ETH is available as the 2nd option.
No, there is a separation of personality and distinction about bitcoins and altcoins. Another thing in this coins are came from different companies which are independent to each other; wherein the existence of bitcoin does not affect the existence of altcoin, in vice versa.
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.
your opinion is highly appreciated.
Bitcoins will die but alt coins will stay. Alt coins would actually flourish instead when bitcoins disappear from the crypto scene. Many investors would pour their resources on famous alt coins and etherium. There are far more coins out there capable of taking out bitcoins.
In my opinion, if bitcoin dies altcoin will not also die because altcoin is the 2nd placer of cryptocurrency. If bitcoin die, altcoin will take the leading place of bitcoin or just replace bitcoin. If that happens, altcoin will become very popular and become very expensive because the investor, trader and much more will switch to altcoin.
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.
your opinion is highly appreciated.
It really depends on the reason on why bitcoin has been terminated from the cryptocurrency world. If the reason is due to people, losing their interest and they stop investing/transacting into bitcoin and switched to another cryptocurrency, then other altcoins will remain. But if the reason is due to an intervention of the government, a world-wide sanction, ruling or law banning the utilization of any cryptocurrency around the world, then expect all altcoins to slowly lose their value, and eventually disappearing from existence. It definitely is possible but it is very highly unlikely, considering the positive effects that bitcoin provides in the society.
Ethereum is still there in case that happens but its effect will surely cripple all altcoins because all of those existing altcoin has no worth if isn't paired with bitcoin so I'm not totally sure.
Most probably if someone finds a way to beat bitcoin, so does to other coins.
But this is likely not going to happen.
But this is likely not going to happen.
I don't think bitcoin can die just like that (unless there are no more internet) since Bitcoin is too big too fail. Moreover it's the currency every media talk about so it's the most popular and will be the most popular for mass adoption.
But IF Bitcoin suddently die, it will probably depends of its death reason. If it disappear, it will have to be substitued by another existing crypto-currency since FIAT money have failed to become an efficient currency.
But IF Bitcoin suddently die, it will probably depends of its death reason. If it disappear, it will have to be substitued by another existing crypto-currency since FIAT money have failed to become an efficient currency.
I guess most of them will but not everything, we do see some of those quality project who really intend to survive even bitcoin crashed down,
they are independently working to make their own progress and usefulness in this crypto industries, good example for that is Eth it is continue
progressing and keeps moving forward.
they are independently working to make their own progress and usefulness in this crypto industries, good example for that is Eth it is continue
progressing and keeps moving forward.
Every altcoin transaction is through bitcoin and eth. bitcoin is quite important with altcoin. But it's not unique. if bitcoin dies. I'm sure the other altcoin is still alive though it will greatly affect the altcoi
Completely wrong. That is my opinion. Death bitcoin does not mean altcoin dies. Bitcoin will only be a normal coin if one knows who shatoshi is. Everyone appreciates the value of bitcoin. Although the bitcoin technology is 1.0
As we know that bitcoin is important and altcoins too. Altcoin is not dependent on bitcoin as the people are using bitcoin for making profit and altcoins is also growing in the crypto world so we can say that if the value of bitcoin falls users will shift to the altcoins they will use their funds for buying of altcoins.
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.
Yes, i agree about it. Altcoins won't die along with bitcoin in some ways. There are possibilities that altcoins wont die when bitcoin dies because in some ways some altcoins are not dependent to bitcoin. It will survive or it will rise and create another huge cryptocurrency and be used in trading. But if the government decided to destroy it strictly, maybe there is a chance that it will all disappear. 
I don't think Bitcoin will die, but even if it would, most of the altcoins will be gone too. Some altcoins will survive. If bitcoin actually dies, then there's a great possibility that some altcoins will rise. Of course, it depends on the reason why bitcoin dies.
No, there are alts that are not dependent on bitcoin. These alts will probably replace bitcoin if it dies. Bitcoin may die but the world of cryptos will continue.
Bitcoin is a currency symbol of crypto make sense if bitcoin dies then altcoin will also feel the great impact of bitcoin but altcoin will not die only it will decrease its cability in the world of crypto.we will never know what will happen in the future we will have to do is look for opportunities in the world of crypto
I think there is no chance of dying because already it is generating huge volumes of trading. In the present Bitcoin is always king of all the coins, so ETH has possiblity after the Bitcoin.
If BTC dies, which it won't, then yes altcoins die as well. I don't know why people think altcoins are not somehow tied to BTC. They think because they created them via an ERC20 toekn on the Ethereum network that they can just exist individually. The thing is that all these other cryptocurrencies are tied to the value of BTC. BTC is the ruler bceause it is sound money that functions on an immutable settlement network.
altcoins wont die if bitcoins die because they are totally different and fully independent, bitcoin has its own usage and it also has its own blockchain which was blockchain.info and etherium also has its own usage and has its own blockchain which was etherscan.io plus if bitcoin die's people will possibly switch out and shift directly in altcoins , resulting for it to pump hard due to the demand.
I believe in Bitcoin standing for long-term period. But if bitcoin dies, there is possibility the other coins would die as well. Depending on how altcoin follows bitcoin behind his back.
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