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Topic: If bitcoin loses all its value what will happen to altcoins ? (Read 1392 times)

member
Activity: 336
Merit: 10
If bitcoin loses its value it affects the whole market for a while because all other coins are moving in the direction of btc, but  than there are chances for other coins as they have their own value and market achieved till time, some coin will must come forward to hold the position of btc , but this looke like a dream only in the present. 
full member
Activity: 756
Merit: 100
I think that if bitcoin loses, the price of altcoin will increase. It is general situation for the cryptocurrency. Be patient if we have many bitcoins now because the price is low  Roll Eyes

I think this is what is happening for the last 2-3 months

It is just impossible to imagine that Bitcoin will fail wholly. There are no reasons for such conclusion. So I don’t see any sense to discuss what will be with altcoins in such situation. But altcoins are very dependable of Bitcoin that’s true.
full member
Activity: 214
Merit: 100
Most altcoins will die , and there will be another coin to be king and be paired with other coins on exchanges.
newbie
Activity: 44
Merit: 0
If bitcoin loses all its value, all altcoins will suffer and follow suit. Altcoins are alive because of the belief in bitcoin.
full member
Activity: 379
Merit: 100
Decentralized Ascending Auctions on Blockchain
i think that bitcoin is a big brother of all altcoins, if bitcoin loses all its value, the same thing will happen to altcoins.
sr. member
Activity: 478
Merit: 253
I have a feeling that in 2018 will see Bitcoin even out its marketcap with all the rest of the top coins
and more money will also flow into less undervalued coins that have working products or promise to have products ready this year
hero member
Activity: 756
Merit: 500
Do you think altcoins can survive without bitcoin leading the way ?
will the bitcoiners that lose faith go into altcoins or will they
just cash out and take profits ?

I personally see this altcoin growth going hand in hand with the growth of bitcoin
even though some of the altcoins already offer some exciting new possibilities


Yes and no. I have monitored alts for long enough to know that some of them stay where they are when bitcoin looks shaky. They will lose their price in usd though as we've seen it many times in the past.
lesson learn and better to make sure you have a lots of patience when you are inside crypto as you can easily lose your money if you panic when
price fell because of bitcoin corrections, as we knew that bitcoin is the basis of alts value when it fells then the value in usd will fell with it, so
keep remembering that time will come and bounce back will happen.
hero member
Activity: 1540
Merit: 500
Do you think altcoins can survive without bitcoin leading the way ?
will the bitcoiners that lose faith go into altcoins or will they
just cash out and take profits ?

I personally see this altcoin growth going hand in hand with the growth of bitcoin
even though some of the altcoins already offer some exciting new possibilities


Yes and no. I have monitored alts for long enough to know that some of them stay where they are when bitcoin looks shaky. They will lose their price in usd though as we've seen it many times in the past.
member
Activity: 105
Merit: 10
in what case BTC can loose all its value?
member
Activity: 70
Merit: 10
Only solid altcoins will survive the BTC price declined,thats why i am looking for the alts which has a good working product or services in the real life for my long term investment.
Exactly my thoughts. I only invest and hold Alt coins which have real-life products or services. And stay away from those which only has promises on paper.
member
Activity: 167
Merit: 11
If bitcoin loses its value then altcoins will lose it too. We should remember that altcoins rely on bitcoin specially when it is a new coin. Why would they trust an altcooin when the original and first cryptocurrency lose its value. They will just prefer gold or fiat currency rather than altcoins.
full member
Activity: 350
Merit: 100
if bitcoin loses its value may be Altcoin also affected because bitcoin is the core of Altcoin.
member
Activity: 186
Merit: 10
If bitcoin's price declined most of the alts wont survive,only the solid coins will find their way to recover and most of the shitcoins will go down and eventually die.
full member
Activity: 504
Merit: 100
A New Exchange Era
Do you think altcoins can survive without bitcoin leading the way ?
will the bitcoiners that lose faith go into altcoins or will they
just cash out and take profits ?

I personally see this altcoin growth going hand in hand with the growth of bitcoin
even though some of the altcoins already offer some exciting new possibilities


In many people, crypto-currency is associated with BTS. Therefore, the collapse of bitcoin, obviously, will lead to the undermining of confidence among the masses, who only recently learned about the crypto currency in the media. But many already understand that BTC is not all crypto currency. My prediction is that the altcoyins will survive in any case. But I doubt that bitcoin will collapse.
sr. member
Activity: 490
Merit: 255
Maybe bitcoin loses its value because the alts take over.

There are so many alts nowadays and if more of them start increasing in value and bitcoin starts decreasing in value then altcoins can take over the bitcoin but that is unlikely.

Bitcoin has to fix the issues fast though. Segwit and Lightning network need to be implemented quick.
full member
Activity: 322
Merit: 107
I think it will affect also altcoins if bitcoin looses its value .Altcoind always depend on the price of bitcoin but I am for sure bitcoin will never looses its value for its stability it cannot defeated by others.I think altcoins has also a future and its always depends on the bitcoin standard.
member
Activity: 196
Merit: 10
Only solid altcoins will survive the BTC price declined,thats why i am looking for the alts which has a good working product or services in the real life for my long term investment.
member
Activity: 406
Merit: 11
I think that one will not die bitcoin, bitcoin, but I think I will never lose my price. Perhaps bitcoin will not always cost so much, but no one will give it away for free either. It's my opinion!
full member
Activity: 350
Merit: 100
I think that this will also affect the altcoins, especially the altocoins, who do not have good support. If you look at currency rates now, you will notice that bitcoin falls, and he pulled down all the altcoins, even the etherium.
sr. member
Activity: 478
Merit: 253
I think that if bitcoin loses, the price of altcoin will increase. It is general situation for the cryptocurrency. Be patient if we have many bitcoins now because the price is low  Roll Eyes

I think this is what is happening for the last 2-3 months
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