Topic: If Bitcoin dies does altcoin die? - page 79. (Read 17293 times)

Yes, I agree, that only in the case of complete ban of Bitcoin would other altcoins too die. In other scenarios, like maybe too high transaction fees, or maybe due to price decrease/less appeal, due to other altcoins being independent of BTC, they will probably live, unless there is mass-scale loss of appeal for all cryptocurrencies.

if any impact on bitcoin definitely make change in altcoins most of the altcoins trading completely depend on bitcoin . But there is very low chance of bitcoin die . My question here how do you assume bitcoin going to die

If bitcoin die, which I hope will not happen, I think two things will possibly happen. Either altcoins will rise or will die together with btc. But most possibly one of them will rise and take the place of btc as king of crypto world. And which alt will rise on top will depend on which people will support and invest in.

Probably yes, because bitcoin is the strongest crypto in the crypto world if someone manage to kill bitcoin so will other cryptos.

You can think of another altcoin in the future after the death of bitcoin. But it is a reality that bitcoin will survive for hundreds of years and will never come to an end. How can one think about the crypto coin to die although which is not fully in power till date.

First let it be acceptable and legalize in the world, then you can think of something else. No other currency has gained so much popularity as bitcoin.

Dead is a very subjective word:

https://99bitcoins.com/bitcoinobituaries/

It sure is dead here today...

Bitcoin will never die but it depends actually in regards with altcoin. Yes the altcoin may survive if bitcoin will die somehow users will go through in altcoin. Moreover, I don't see a reason that bitcoin will die as the demand is increasing.

Yes when bitcoin dies, altcoin will strongly become mich more flexible to grow it's value because all bitcoin investors will pick the one who will be the next bitcoin if ever that bitcoin will dies. I hope it will not hehehehe

I find this question quite unsound, if bitcoin dies, it only means other altcoins will, and bitcoin will give way to other cryptocurreny to rise and be accepted by all. Just like what happened to gold, silver and copper coins, at first, gold was use worldwide and then, they found value on silver and copper as well, but gold still is more valuable than the latter two, and accompanying those three currencies other valuable earth metals were also used for transactions like crystals, rubies and ither gems. I think it is safe to say that, bitcoin is the next gold, though only a fee will be using it for transactions, bitcoin will still grow in value, along with ethereum and bitcoin cash, and the other altcoins, can be considered as crystals, rubies and gem, since only a few number of people patronize altcoins, still altcoin's value is getting higher and higher. In turn, i see that the event that bitcoin will no longer be used by many, but will make their valuable asset, in the essence bitcoin will be seldomly used for transactions, making it somewhat dead, bug still has its value, but altcoins will not be affected since that's just how the money system work, the other will become more valuable, it is impractical to use, since it is already a fortune, and then others will still continue to gain valud but, will be used more often, so un that case investing in bitcoin still is a great idea.

Well that's a very subjective question. Every cryptocurrency has something special about it. So if there is death of bitcoin due to such demand supply reasons(which is nearly impossible) then altcoins may survive and even flourish nicely. But if the death of bitcoin is done by legal institutions altcoins also may find very difficult to survive.

Well bitcoin is the power today and it is being the most wanted currency of this age so that it is the source of income for us and the people who are connected to it so if bitcoin dies I don’t think so that the altcoins will die because a lot of people trust bitcoin that it cannot go away or go down permanently someday it will rise again and it will make the world shake again so it is not going to happen but if ever happened it will raise gain after some time.

No, I think that altcoin will not die. There are many altcoins around and some of them are extremely great. Some are not even based on the blockchain network. They have their own algorithm and therefore, I do believe that when bitcoin dies, it will be a great day for all altcoins to grow and become stronger and stronger

Hm... In my opinion, if that worst situation happening in someday, the future of cryptocurrency still normal if crypto user use it in under ground or private. In my country, every year we have many small company avoid taxes fees of government very easy. So, I think cryptocurrency also can do that.

I don't see why alts would die if bitcoin ever died.
Many altcoin projects have something completely different in mind than just being a currency.

It think if all governments were to ban bitcoin it will still survive as it will be used underground, but every technology can be a victim of disruption. Something new may come up and cause people to abandon cryptocurrency.

Everything becomes a real bubble if bitcoin dies. All cryptocurrency technologies are pegged to bitcoin, although the most popular altcoin it's possible that take over bitcoin position, but it will require a very long adaptation. Even, could have an impact on economic crisis for some countries.

If bitcoin dies,then the altcoins which are valued in bitcoin value would suffer a serious threat.Their valuing has to be changed to be valued in USD.If  bitcoin dies,people would start switching to other popular altcoins.But definitely,the reputation of crypto currencies would get damaged as a whole and people would definitely fear that if bitcoin itself could die,then altcoins could also die.It would definitely decrease the interest of people to invest in crypto currencies which would surely make banks and governments happy who are waiting for this opportunity.

if bitcoin is not used gain in the future it can be ascertained altcoin would be of no use hopefully it will never happen in the future.

In my personal opinion, if bitcoin dies, altcoin would probably die too because bitcoin and altcoin are almost the same or they have a connection to each other. It can be also depend in some situations like some coin will survive if bitcoin dies because some says altcoin will defeat bitcoin if the government started to ban bitcoin.

I would not think bitcoin would die that fast, but I was thinking how long would bitcoin give me a surprising thing?