- Many people including some wall street guys + big banks have already invested in bitcoin or in other bitcoin related products and with crypto ban they will loss huge so they won't allow government to completely ban bitcoin.
- Even in some countries use of banks by crypto related businesses is prohibited like in India recently but they are not banning crypto because many people still hold billions of dollar worth of bitcoin and other crypto.
- Fear on market will ultimately settle down and we might see another huge bull run again.
Topic: The Future Of Crypto Market Without Bitcoin? - page 32. (Read 4005 times)
Bitcoin is the coin first appeared on the market cryptocurrency and flourished until today. If the future of the cryptocurrency market without Bitcoin, then I think investor confidence in bitcoin and the cryptocurrency market will decrease significantly. And this nobody wants to happen.
In my opinion bitcoin is the digital currency that is an example for other currencies, so if there is no bitcoin then I think crypto market will be flat, nothing special that can attract big investors and there will be no increase and decrease that can increase over priced bitcoin ...
Crypto Market, which we know, can't be existed without bitcoin. Bitcoin is the main decentralized cryptocurrenty. Nowadays no one can take his place, because bitcoin blockchain is actively developing and improving. Satoshi has disappeared and this fact made bitcoin really decentralized. I haven't seen any cryptocurrency, which didn't have managing center.
Right now Bitcoin is certainly the undisputed leader. But the crypto market is still very much in the early stages of widespread acceptance. So I do think eventually there maybe a few more cryptos that will rival Bitcoin at the top. It’s pretty hard to start at the top and stay there indefinitely. Therefore I choose to also invest in other coins as well to spread the risk and hopefully reap the rewards.
of course, we all see that all markets are red and there are some fears of getting down more and more in the following days. but on the other hand, no one can ignore that bitcoin is the leader of all the crypto market, so if it down the whole market will go down as well, so it is too hard to believe that it will die that easy
and the major investors of it will not allow this to happen.
what do you think, am I right?
and the major investors of it will not allow this to happen.
what do you think, am I right?
It's possible to keep going, but everyone will not be earning money from abundant trade, I know that only Bitcoin, until now, has a very good and very large selling price, we can also see the growth of Bitcoin hinga right now. ..
I think so. Bitcoin does have an effect on the movement of crypto, when the market is green then the other altcoin also carried green as well as vice versa. Bitcoin will remain a leader for crypto future. That's because investors and their communities will not let bitcoin die.
yes, bitcoin will not die because of bad value or because the value is down when bitcoin of spreading and bitcoin volume is still high, then bitcoin will always live even if the value down.
and if the bitcoin dies because its supply runs out, then crypto will not rely on bitcoin anymore. meaning that the altcoin value will be free fluctuation.
or it could be replaced by ETH, XRP, or Neo.
and if the bitcoin dies because its supply runs out, then crypto will not rely on bitcoin anymore. meaning that the altcoin value will be free fluctuation.
or it could be replaced by ETH, XRP, or Neo.
of course, we all see that all markets are red and there are some fears of getting down more and more in the following days. but on the other hand, no one can ignore that bitcoin is the leader of all the crypto market, so if it down the whole market will go down as well, so it is too hard to believe that it will die that easy
and the major investors of it will not allow this to happen.
what do you think, am I right?
and the major investors of it will not allow this to happen.
what do you think, am I right?
I believe the market has many investors and a lot of money. i mean looking at the daily ICOs occuring and the money they are raising and as well the market cap and trading volumes of Crypto are huge. I think this downtrend is the pathway to the new world of cyrpto. This is my personal opinion.
It is difficult to judge and predict the future or the past in the evolution of the crypto market if there is no existence of bitcoin. It is like a process of birth and development in nature. Bitcoin has indirectly built into the crypto ecosystem and has grown rapidly with a large user base. There is no reason to deny the bitcoin bracing of the blockchain revolution that has opened the door to the future of the crypto market.
and the major investors of it will not allow this to happen.
no "major investor" can prevent death of anything. if anything is to die, it will die.
bitcoin won't die and instead will grow bigger and stronger every day even if the price doesn't show it at times only because it has lots and lots of investors, small and "major" that are creating a huge demand for bitcoin which is always there to buy it and use it. and this comes from the real usability of bitcoin in real world outside of exchanges and speculation.
that is not true for any altcoins out there that is why they will die if bitcoin ceases to exist.
Yes Correct. But, I do hope something will back the current state of bitcoin because cannot sustain the demand, I mean ETH is not stable right now with the current norms about how the community was divided after asic miners have entered into it.
it is a fact that bitcoin is a very first cryptocurrency, but i think current crypto market would be just fine without bitcoin
There is hundreds of crypto currencies on the market, people will still interested with them
Ethereum and litecoin are the examples
There is hundreds of crypto currencies on the market, people will still interested with them
Ethereum and litecoin are the examples
BTC is the very first crypto currency and ancestor of technology, but I honestly would not put all bets on him.
The fact is that a plan can be implemented in which BTC will be removed from pairs with alts.
And for the latter it will be very useful, today's situation with the dependence of the price of alts from BTC is already simply infuriating.
and the major investors of it will not allow this to happen.
no "major investor" can prevent death of anything. if anything is to die, it will die.
bitcoin won't die and instead will grow bigger and stronger every day even if the price doesn't show it at times only because it has lots and lots of investors, small and "major" that are creating a huge demand for bitcoin which is always there to buy it and use it. and this comes from the real usability of bitcoin in real world outside of exchanges and speculation.
that is not true for any altcoins out there that is why they will die if bitcoin ceases to exist.
Yes Correct. But, I do hope something will back the current state of bitcoin because cannot sustain the demand, I mean ETH is not stable right now with the current norms about how the community was divided after asic miners have entered into it.
It would, of course, be very interesting to see how the crypto-currency market will behave without bitcoin. Probably, this will just give the price freedom for each type of crypto currency. Now, after all, the situation with the influence of the price of bitcoin on all altkoins and the market is difficult to name. What is the market, if there is no price freedom for trade. The bitcoin has fallen in price and the market has been completely up for the fourth month. This is absolutely not normal. Something needs to be tried to change to change such an abnormal situation.
Yes Bitcoin is the leader of cryptocurrency but I strongly believe that there will be a time wherein the altcoins will not be dependent on Bitcoin. In the future, everyone can but altcoins without the need to buy Bitcoin first and trade it. There will be exchange sites and wallet where you can buy altcoins using USD.
and the major investors of it will not allow this to happen.
no "major investor" can prevent death of anything. if anything is to die, it will die.
bitcoin won't die and instead will grow bigger and stronger every day even if the price doesn't show it at times only because it has lots and lots of investors, small and "major" that are creating a huge demand for bitcoin which is always there to buy it and use it. and this comes from the real usability of bitcoin in real world outside of exchanges and speculation.
that is not true for any altcoins out there that is why they will die if bitcoin ceases to exist.
No one can tell you what will happen next if Bitcoin will truly vanish but for as long as it's there then Cryptocurrency are all good as most of the Altcoins are Bitcoin dependent but I read some articles that most of the Altcoins right now are making a move to make an USD pair to different exchanges with their respective coins and that's may be a good news for them as they will not be more reliant of Bitcoin, the future really relies on what is the present and that is so good with Bitcoin so I can't think of any reason for its failure as of now. Don't overthink too much.
bit is a basic unit of information used in computing and digital communications.
We will need bit coin in the future
We will need bit coin in the future
Without bitcoin, the future would simply be private blockchains run by private institutions on the set of trusted servers that they decide. So instead of trustlessness, we'll be offered distributed-trust or something.
It is not feasible for another network, code-base or user-base to simply replace and start doing what bitcoin has been doing for almost 10 years now. Bitcoin is also the most held and most distributed crypto out there. It's the settlement currency of cryptocurrencies. Imagining a crypto market without bitcoin wouldn't be possible as all those people wouldn't simply stop using it altogether.
There was bitcoin without other cryptos and it can still exist on its own. On the other hand, there can be no crypto ecosystem without bitcoin.
It is not feasible for another network, code-base or user-base to simply replace and start doing what bitcoin has been doing for almost 10 years now. Bitcoin is also the most held and most distributed crypto out there. It's the settlement currency of cryptocurrencies. Imagining a crypto market without bitcoin wouldn't be possible as all those people wouldn't simply stop using it altogether.
There was bitcoin without other cryptos and it can still exist on its own. On the other hand, there can be no crypto ecosystem without bitcoin.
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