If Bitcoin dies does altcoin die? - page 73.

scorge

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Quote from: rjbtc2017 on September 12, 2017, 01:24:09 AM

Quote from: Gaaara on September 11, 2017, 05:53:51 AM

Quote from: rjbtc2017 on September 11, 2017, 04:00:39 AM

Honestly, I don't think so. Bitcoin is the pioneer yet it doesn't mean that a lot of people will just settle for bitcoin , Alt coins are Alternative therefore, we cannot conclude what will happen in the future, as of now the death of a certain coin is unpredictable, Still bitcoin has a strong support from the community. Death is far away from Bitcoin's progress, we should be hopeful.

What ever happens to bitcoin happens in all altcoins, bitcoin is the fundamental of all of them and the falling down of it might destroy their demand because investors will think that all of them might fail. Only investors decide for them if the investors deny them then there is no reason for it to still exist.

Investors should be knowledgeable enough about cryptocurrencies. Bitcoin is just a pioneer of cryptocurrency, a living model for all coins but you should also check for the technicalities here, Bitcoin and other altcoins are not living on the same house or same system therefore if bitcoin dies, bitcoin dies only but not altcoins.

Indeed not the same system but bitcoin is the pioneer, that's why it will affect all altcoins. Because all altcoin value is still depend on btc for now. If btc down to 1$, i bet you all altcoin will be worth nothing. When the btc reach the max supply, i think that's the time the new "btc" will appear otherwise btc will still be the holygrail for cryptocurrency.

Enya97

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hope we make the future may altcoin still exist so that the economy is stable for the future

Mumbeeptind1963

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Quote from: Bitcoinislife09 on September 12, 2017, 02:39:15 AM

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.

Altcoins will not necessarily will die, but its potential will get smaller because altcoins is based on bitcoins. Maybe they will use different that is like bitcoin but it will be hard for those who accepted services to convert altcoins to bitcoins.

they are both not easily die, it will only die if no one uses it and accepts it, thats the only thing i think that can hinders bitcoin and nothing else with thats why i am very eager to work hard for it because i believe it will be forever.

batang_bitcoin

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Quote from: Samueltalk on September 12, 2017, 02:29:49 AM

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.

Bitcoin will not die, if the dead bitcoin is clear alcoin also die. Staying ETH that will become popular ...

How can bitcoin die? If most of the people that are supporting it are the whales and does have a strong belief on this coin. Alt coins can die and everyone can just stay on bitcoin but it's impossible that bitcoin will die and wait it has been dead for so many times if you will trace back it's history and yet look on it's standing today.

Bitcoinislife09

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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.

Altcoins will not necessarily will die, but its potential will get smaller because altcoins is based on bitcoins. Maybe they will use different that is like bitcoin but it will be hard for those who accepted services to convert altcoins to bitcoins.

Samueltalk

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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.

Bitcoin will not die, if the dead bitcoin is clear alcoin also die. Staying ETH that will become popular ...

poplolnman

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Quote from: Fundalini on September 12, 2017, 01:30:23 AM

Indeed bitcoin and altcoin relates to its price however it does not necessarily mean that when bitcoin dies (w/c is close to impossible), altcoin will also die. Most likely if we're talking about 'die' as in market cap goes to zero, some other altcoin would take its place.

i don't know what exactly could happened technically if that scenario happened. but considering bitcoin since first time are feel like the mother of all cryptocurrency it might has a big effect to the market once bitcoin died , i just don't think another coin follows die. the crypto ecosystem has been built so well and strong so far , it's not that easy to make it completely die and disappeared, ethereum / litecoin /dogecoin might could take bitcoin place, who knows right?

Carlsen

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I think that bitcoin can exist without altcoins, and altcoins can exist without bitcoins.
Of course, a vanishing of bitcoin would bring the price for the altcoins down, I'm not so sure what a vanishing of the altcoins would mean for the price of bitcoin.
I think you could compare it to Dollar and Yen. Remove one of them and it affect the other one, but it would not extinguish it.

danggoron

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in my opinion, if bitcoin die altcoin will still exist. The strictest attached altcoin in bitcoin will take over the market. investors from the coin I think will continue to try as hard as possible for the coin to exist.

MARK 777

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it is depend why bitcoin die if this because it is virtual moeny yes other will die if no other will high effect

Fundalini

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Indeed bitcoin and altcoin relates to its price however it does not necessarily mean that when bitcoin dies (w/c is close to impossible), altcoin will also die. Most likely if we're talking about 'die' as in market cap goes to zero, some other altcoin would take its place.

rjbtc2017

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Quote from: Gaaara on September 11, 2017, 05:53:51 AM

Quote from: rjbtc2017 on September 11, 2017, 04:00:39 AM

Honestly, I don't think so. Bitcoin is the pioneer yet it doesn't mean that a lot of people will just settle for bitcoin , Alt coins are Alternative therefore, we cannot conclude what will happen in the future, as of now the death of a certain coin is unpredictable, Still bitcoin has a strong support from the community. Death is far away from Bitcoin's progress, we should be hopeful.

What ever happens to bitcoin happens in all altcoins, bitcoin is the fundamental of all of them and the falling down of it might destroy their demand because investors will think that all of them might fail. Only investors decide for them if the investors deny them then there is no reason for it to still exist.

Investors should be knowledgeable enough about cryptocurrencies. Bitcoin is just a pioneer of cryptocurrency, a living model for all coins but you should also check for the technicalities here, Bitcoin and other altcoins are not living on the same house or same system therefore if bitcoin dies, bitcoin dies only but not altcoins.

bell70

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Now I see no evidence of this happening.If Bitcoin completely gone,
some altcoins will become stronger then ever .I 'm sure new altcoin will replace it.most peoples will sell btc to get the new altcoin.

Freedom Force

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Maybe it would not kill altcoins, but the idea of having a decentralized currency would lose strength, and that would be enough to make most cryptocurrencies lose more than half of their value.

chichidori

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It might crash lower than expected but it wont die, surely all altcoins will suffer from it others may cease to exist and very few will go up in price, but seeing how the altcoin trading its all connected to bitcoin once the price spike everyone will be pulled up or crash. but i am positive that that it wont be worthless.

jubalix

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bitcoin probably can not technically die or be killed.

If you refer to price, well maybe, this would have some effect on alts, but cryptos as an invention 1 or more will take the majority of the market, maybe 5 of them?

And they will not "die".

I feel, the killer app of BTC is store of value, or more likely.....Access to the Blockspace. Without access to block space you maybe a sort of second class economic citizen or country.

Sovereign countries credit worthiness can easily be established by signing a transaction to show how many BTC they control, which then would make them a better credit risk.

kingntking

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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 guess yes, because alt coin can be independent too like bitcoin is, it is just that bitcoin is on top that is why they are relying things everything in bitcoin, it is just like a dollar and fiat, fiat can stand in one country without dollar. It is just that alt coin need to improve more like what bitcoin has.

Piesel

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Quote from: bohr on September 11, 2017, 09:11:29 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.

I think that if for some reason bitcoin disappeared then many altcoins are going to disappear as well, I do not think that all of them but probably most of the shit coins will die and there is a chance that even some promising projects that are just starting out will not be able to handle the instability of the market, but I think coins like ETH, LTC and others will probably survive and will fight to get the most investors after that happens.

I don't think like you. There are still many altcoins raise powerfully like Bitcoin. Bitcoin is just a cryptocurrency and there are many cryptocurrency exists in parallel, strong likes Bitcoin. Therefore, If Bitcoin dies, it will lead to others altcoins replace Bitcoin.

pairinpay

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I don't think so, even Bitcoin die for some reason, altcoin may probably continue evolving, since every crypto currencies are having there own special purpose.
And then, maybe one of the altcoins will be made king, because investors still need criptocurrenccy as an investment asset.

Darker45

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Not necessarily but there is for sure a very adverse effect on them since bitcoin is the one really representing the entire crypto world. If anything really bad happening to bitcoin, the rest will for sure be dipping in their own respective values.

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