If Bitcoin dies does altcoin die? - page 60.

Budugbass

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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, if bitcoin die of course the future of altcoin will be disturbed and it seems altcoin possibility doesn't have a future and will die like bitcoin. And indeed, I think Bitcoin is the mother of all altcoin.. which can determine the future of altcoin itself.

Josepht

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The only way that bitcoin can possibly die is when another better altcoin will show up. That has not happened until now, but if it happens, there is a chance that bitcoin will die.

However, when that happens, the new coin will be more popular, since there will always be people interested in crypto's. So in that specific case that bitcoin dies, there will automatically be a popular altcoin, so it will never happen that both bitcoin and all altcoins die.

CookieGums

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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 dies, altcoin will not be affected bu a little because bitcoin is the main coin but i see that there is one coin that can replace bitcoin and this is the ethereum, they have same level because there has many exchange to ethereum too.

nelmari

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Most likely if Bitcoin dies then altcoin dies with it too, or maybe some altcoins might be left but the value or price of that certain altcoin depends on the development of the coin, if people are still willing to use that coin and make use of it.

chip211

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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 it dies, no other altcoin will die. When bitcoin come out, there will be a better altcoin to replace it, so you do not worry too much about this.

Postlegend

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Quote from: The Alchemlst on October 24, 2017, 09:47:10 PM

Quote from: CryptoBry on September 04, 2017, 10:58:24 PM

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.

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.

They are totally different anyway altcoins and bitcoins although they are both classified as a cryptocurrency they are not reliant to one another so I doubt that if ever bitcoin dies that it would drag all altcoins along with it instead it might even give birth to the rise of another cryptocurrency.

Ethereum would definitely experience a great increase in value. Most altcoins are exchanged for either BTC or ETH. If BTC suddenly dies, ETH would be the main coin people would exchange for. Of course, another coin would have to come up and take the lead.

The Alchemlst

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Quote from: CryptoBry on September 04, 2017, 10:58:24 PM

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.

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.

They are totally different anyway altcoins and bitcoins although they are both classified as a cryptocurrency they are not reliant to one another so I doubt that if ever bitcoin dies that it would drag all altcoins along with it instead it might even give birth to the rise of another cryptocurrency.

Ranly123

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It all depends on how bitcoin would die, if bitcoin will die due to having a lack of people investing in altcoin maybe thats the case the altcoin die. My other theory is that if bitcoin die due to having low investors or nobody invest in bitcoin the altcoin would not die and replace butcoin at the top of cryptocurrency.

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Quote from: Dart18 on October 24, 2017, 09:30:59 PM

Bitcoin cannot die or wont die. It is just the supporters will be bored out of it but it will still exist.
Now with altcoins, if bitcoin became less valuable then it might be because of them. If investors find it better to just use the service of this alts then they will all be lively. I dont one man who is fond of the crypto world could just easily quit. He will find something new that will excite him.

When something is not at all into circulation, then we can say that it has gone out of usage or dead. With bitcoin such scenario never exists anymore, because it has secured a place and more platforms have started using it on different needs. Based on which bitcoin will continue its usage through one or the other way. When bitcoin exists, altcoin too exists, no need of thinking about death.

Beicin

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I think we have reached a point that the crypto market won't die if Bitcoin suddenly vanishes. Ethereum is already in a good position to lead the market in case this happens. But if it happens, all prices across the board will probably crash heavily, and would take some time to recover (especially because people's faith in crypto will be broken because of btc's failure)

Postlegend

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Now we're asking the real questions, this is actually a really complex topic. On many exchange sites there are "BTC to Altcoin" AND "ETH to Altcoin" AND "FIAT to Altcoin". If Bitcoin was to die, which is pretty unlikely right now, the altcoins would still have something to hold them up. Of course, Bitcoin is the main root of altcoins, it would be a huge impact to altcoins if BTC was to die.

negancoin

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if bitcoin dies then all the coins will be meaningless, but after a while a new coin will rebuild the world of Cryptocurrency again and we will start again. the technology of Blockchain will continue forever.

Dart18

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Bitcoin cannot die or wont die. It is just the supporters will be bored out of it but it will still exist.
Now with altcoins, if bitcoin became less valuable then it might be because of them. If investors find it better to just use the service of this alts then they will all be lively. I dont one man who is fond of the crypto world could just easily quit. He will find something new that will excite him.

bololord

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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 the bitcoin died i will sure 100% that altcoin is become dead and if the bitcoin dies the ethereum start to rise becuase ethereum is the next future next cryptocurrency.

madwica

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I think yes, we can not use altcoin to change to fiat and for cashing out we can only used bitcoin for that matter and basically value of altcoin was based on the value of bitcoin. But i do not think it will happen in the future bitcoin was continuous adopted in every country it will make life and value of bitcoin much stronger and also lots of altcoin has brighter future like bitcoin. Hoping that after hardfork event happen more increase of bitcoin value would happen to gives us more more profit before this year was end.

helars2008

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I think not.
Especially if the reason why bitcoin died is because people loses interest on it. Because if this situation does happen then it only means that those people may have shifter their invesments to other altcoins.

CryptoCoin8487

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I think its almost imposible that bitcoin will dies but we realy dont know if someday that will come if thats will happen there are some coins like eth and other crypto currency will raise and replace the throne of bitcoin bow

Nerman

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There is a slim chance that altcoin will survive if bitcoin dies. It will just depend on the reason.

If people just got tired on investing bitcoin (which i do not think will happen) and prefer ethereum instead then altcoins are good.

If the reason ia governments will ban bitcoin or crypto currency then of course all coins will die.

decoder88

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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.

Yes because they are somehow have relations to each other. Altcoins convert to bitcoin in order fpr it to be used and able to process in some transactions. And of course altcoins depend on the bitcoin. If bitcoin didn't somehow good as well as the altcoins. So I think of the bitcoin die altcoins will somehow left and nothing to do with it so it will be die too.

Sanugarid

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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.

Ofcourse because we all know that bitcoin is like the father of the altcoins because some of altcoins doesn't cash out or let's just say most of it are need to be convert to bitcoins so that they can use it in some transactions. So I think if bitcoin dies, altcoins will die too because they are both connected to each other.

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