If Bitcoin dies does altcoin die? - page 70.

Rose119

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Quote from: Odora on September 22, 2017, 07:09:25 AM

I was very afraid to imagine what would happen to altcoin if bitcoin really die, altcoin might also die, but could also be independent with ethereum as a benchmark

I don't think that bitcoin will die, but if that happen i get panic because altcoin would be affected too, we need bitcoin in exchanger so altcoin will be die because we can't exchange without bitcoin.

illicit

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If bitcoin dies I think it would affect the alts as well ,
But I think it wouldn't be a reason for other crypto currency to die.

Zuilhsa

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Quote from: affandi on September 05, 2017, 11:28:21 AM

I consider bitcoin as the root of a large tree, and altcoin is a branch of a tree. what will happen to the branch when the roots die? Then the twigs will slowly begin to dry and eventually die as well. Bitcoin is now a necessity. Altcoin could have died but bitcoin will still exist, and meet the needs of its users, bitcoin will die if the market dies.

Yes bitcoin serves as a base for all, altcoins are somehow dependent upon bitcoin but bitcoin is independent. Bitcoin has no end, it ends only when all its users get out of it, but it never happens as there are millions of strong followers and believers of bitcoin.

Odora

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I was very afraid to imagine what would happen to altcoin if bitcoin really die, altcoin might also die, but could also be independent with ethereum as a benchmark

samputin

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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 die, I think altcoin will be affected too. It is because bitcoin is the first and base of all crypto currency. But i believe that bitcoin will not die maybe it will bann but not in the point that it will be die because nowadays bitcoin is become more popular and the value is still bumping and also other country use it as a local currency. That was some signs that bitcoin never die.

VeroBTC

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i think, if bitcoin die altcoin will replace bitcoin. the most popular from altcoin now will be the number one of crypto. and the price of altcoin that replace it, maybe will rise and balancing with bitcoin.
if it happen its like new world in cryptocurrent world

glastik

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I think no, but the price Will very go down.
And maybe it depend how bitcoin die, if bitcoin banned by goverment over the world. altcoin Will die too

EUROPEANTURK

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When bitcoin price going bad altcoin prices going worse if bitcoin die for some serious reason,I think altcoin will not die ,because they are using blockchain system and its important for to be alive for altcoin.

jossiel

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Okay, this is just an "IF" so if bitcoin dies we are not sure if alt coin dies. Altcoins does have their own developers and supporters.

They also have their own market cap but since every alt coin is depending on bitcoin, it's possible that they might die soon after bitcoin's death.

But not all of them, any let's don't think about this because bitcoin will never die.

christian07

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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 yes but base of history in bitcoin in this past 7 years i think this is going far and its not going die,popularity of bitcoin in the world is the best example why this is going special and not easy to be not use because of what bitcoin conveniece brings so its a big mistake to ask if bitcoin will die and altcoin die

Sirait

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it is obvious that if bitcoin price goes down then all altcoin price goes down too and if bitcoin die then coin coin else will try to be independent

coinzoid

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Previous crashes has shown that altcoins struggle with bitcoin price drops. If Bitcoin dies, I don't think others will be able to survive.

The issue could only be avoided by removing altcoin-bitcoin price pairs. Just like BTC-USD, alts should only be tied to USD or other fiat currencies.

faithupgrade

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Death of Bitcoin would cause crypto currency to crash. The death of each altcoin depends from its team if they want to continue. I guess if that happend the battle is between ETH and LTC.

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.

Kingofbitcoin12345

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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.

I agree to CryptoBry,, bitcoin and altcoin are not different identity because altcoins are made in the image of bitcoin.. If bitcoin be banned in all countries it would be altcoin will be gone the same.. But if bitcoin was out in top because of a new alternative coin arrives and more appealing which deserved the higher rank than bitcoin eventually it remains.

alex 666

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till now only bitcoin have real effect so if die other will die like $ die

davids

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i don't think so bitcoin can't die because this is main power of digital cryptocurrrency market. If bitcoin dies all altcoins will be affected and their market value will crashed all the way to the bottom but the coins would still work because they exist to represent a technology.

julius caesar

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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.

True, without bitcoin all alt coins may not be functional because they were created after bitcoin and without bitcoin they cannot exchange all their coins into valuable money since bitcoin is already gone, just think about it, it may dissolve all alt coins that sprout here, is there any possible reason to kill bitcoin?

BlackPanda

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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.

Currently bitcoin is a benchmark of many altcoin prices in various exchanges. if the bitcoin is dead then I'm sure some altcoin can still survive. we know that bitcoin like USD dollar today, if USD dollar die then surely there will be economic chaos in world. but that will not make other currencies like the yen and rupees dead. other world currencies will remain but with a high inflation reduction. this is normal because the stronger the economy will be the greater the pressure. it may be eth into one of the digital currencies that have the power and the large market share. but honestly I'm not sure if bitcoin can die, because bitcoin has enormous power and affects the development of digital currency as a whole.

pushups44

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In the short run the death of bitcoin, which is a highly unlikely scenario, would diminish the confidence in altcoins. People would argue that if bitcoin failed any future coin can end up in the same fate. More than likely, bitcoin and other coins will simply be upgraded to continue their usability.

BITDV

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I do not think Bitcoin will easily or lose its value in an instant, there will be a decrease in demand and an excess of supply due to many factors and then altcoins will try to seize the peak and the flow of money will flow into various altcoins that will determine who will lead the market, so altcoin won’t die even if one day bitcoin will dimmed or die.

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