If Bitcoin dies does altcoin die? - page 50.

GreenBits

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Quote from: deddod on September 04, 2017, 09:45:30 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 you had asked this before 2017, I would have said yes. but I have been observing increasing dissonance between the alt and bitcoin markets. they dont always move inversely now, and some coins break out nowadays, but actually stay up. before, that spike would be followed by a slow retraction, unless btc price came up with the alt.

certain majors (eth comes to mind first) simply dont need bitcoin anymore to survive. I might would say the same of ltc.

and I have to wonder what the actual adoption rates are for the two coins. very few bitcoin icos, not as many bitcoins startups like there used to be.

Genemind

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Quote from: deddod on September 04, 2017, 09:45:30 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.

That depends on the cause of death of bitcoin. If the cause of death is due to a law or something that is imposed by the government, then of course all altcoins will die as well, but if it's due to credibility and competition then altcoins may live as well, one from those altcoins will become the new bitcoin. That's what I think.

redcucumber

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SOLARIS COIN

Quote from: CryptoBry on September 04, 2017, 09:58:24 PM

Quote from: deddod on September 04, 2017, 09:45:30 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.

It might depend on the reason why Bitcoin can die. In case when the death is due to total ban of Bitcoin as done by all governments or regimes then there is a possibility that Bitcoin death can also mean the death of altcoins. Now, if the reason can be other than that or it is within Bitcoin like losing the appeal from the market then there is a possibility that another coin can rise up to take the vacuum of leadership.

some altcoins but not all of the altcoins because some altcoins have their own platform and if bitcoin leaves they can survive due to their flexible features more way better than bitcoin the problem only is how are they gonna market their coin to the people another introduction and new risk lies ahead.

kiboloves

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This should be a consensus that bitcoin disappears, then altcoin will disappear. Now bitcoin is not simply an encrypted currency, and even can be considered, bitcoin now represents the entire encrypted currency. I think I have no problem understanding.

Evangeline2

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If bitcoin dies, altcoin and even all blockchain coins will die, because bitcoin is the coin's token, so for the most part bitcoin represents the coin.

yhan2x

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If bitcoin die, all altcoin will increase their price it depends on the investor where they invest. But its impossible that bitcoin will die.

Prodigan786

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As far my experience in crypto trading about a year all my trade happens through bitcoin either buying or selling where I will buy bitcoin from local exchanges and transfer to trading exchange even for Ico . So bitcoin dies eventually altcoins also vanish.

GamesBooster

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I think that although bitcoin is dead, altcoin can still exist independently. Because most altcoin have their own community and exchange on various commercial sites, so it will not affect much.

Ayaancool

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It's all up to the reason that bitcoin ends. If it ends because of the total barn of crypto currency due to the high use of crypto currency for illigal purpose it will couse the death of Bitcoin and the altcoins. If it's because of the success of any other crypto currencies which fully effects the demand of Bitcoin,it may force bitcoin to end and the altcoins will remain even after this.

NyLymZbl

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I dont think that bitcoin can die, not all the countries are banned bitcoin. Some of them but not all. Most of the countries still using btc.

dificanovi

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I think altcoin will not die even though bitcoin is over. people will look for one of altcoin to serve as the most popular coin such as bitcoin. altcoin will always be there because it has become a source of income for people who do not have a job.

laguseklik

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Quote from: Shah112233 on November 23, 2017, 09:06:05 PM

I think it wouldnt be happening . As bitcoin is on its peak now a days and other altcoins like Onion etc are also following the path of bitcoin . We are entering into era of cryptocurrency . Investing in bitcoin is not danger anymore . Bitcoin can helpfull in our daily life in coming time . And most influencial economies of the world are developing there roots in cryptoworld . So there are very less chances of dieing altcoins or bitcoin .

completely agreed, maybe bitcoin will dieing if internet is also dead forever. Almost impossible

Shah112233

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I think it wouldnt be happening . As bitcoin is on its peak now a days and other altcoins like Onion etc are also following the path of bitcoin . We are entering into era of cryptocurrency . Investing in bitcoin is not danger anymore . Bitcoin can helpfull in our daily life in coming time . And most influencial economies of the world are developing there roots in cryptoworld . So there are very less chances of dieing altcoins or bitcoin .

Gabrieelle

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Quote from: doch on November 23, 2017, 06:59:27 PM

Quote from: ?? on ??

I think no one is able, the more likely it is the altcoin that first dies, but when there is possible of bitcoin pass away, then altcoin will rise, but it will only be temporary, altcoin will also pass away after the lifeless bitcoin

To me i think yes it will really effect other altcoins, because bitcoin is the main currency of the world and all other altcoins are revolving around bitcoin.

That is also how I see it. Alternative coins are made base upon the current technology of bitcoin. If bitcoin wasn't created they wouldn't exist either. We can see how alt coins are being affected by the high price of bitcoin. There is a reason why it is called alternative coins, because bitcoin is the main.

xamxam

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I think no, because they have their own value and the bitcoin will replace by other currency. But this is nothing to happened because the bitcoin is really good and most popular cryptho currency.

doch

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Quote from: ?? on ??

I think no one is able, the more likely it is the altcoin that first dies, but when there is possible of bitcoin pass away, then altcoin will rise, but it will only be temporary, altcoin will also pass away after the lifeless bitcoin

To me i think yes it will really effect other altcoins, because bitcoin is the main currency of the world and all other altcoins are revolving around bitcoin.

FLoving

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Quote from: DragonCoinZ on November 21, 2017, 04:15:14 PM

There just one way who Bitcoin can die. Its when all goverment in the world would forbid bitcoin, and when this happens, the altcoin will die too. Thats the only way how BTC can die.

I do not think that if government will ban it then it will die because if people will like to use it then they will use it and government will not be able to ban it and will not be able to stop anyone to use it. That is the best feature of bitcoin.

Cryptoshaft

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I think it won't, because altcoin has it's own value,
even if the bitcoin dies, it'll live on their own chain,
no dependencies between each other tho

martin1221

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If this things will happen, i think there are some altcoins that will replace to bitcoin, just like bitcoincash now who are trying its best, but for me, bitcoin will not died because it is the strongest crypto in all coins

trauchot

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Not all alts depends from bitcoin, there are cryptocurrencies which not depends from bitcoin. If bitcoin would have died then another cryptocurrency same popular as bitcoin would took his place. Or bitcoin creators just would create new cryptocurrency and everything would go to the same chain. Thats how cryptoworld works.

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