Will alts really die once BTC starts climbing unbelievable highs?

lixer

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Quote from: ?? on ??

Many altcoins die without raising the price of bitcoin. And if bitcoin grows very much altcoins will cost a penny. Only 1% of all altcoins will survive.

Altcoins that will cost a penny are altcoins that does not have real working product because any altcoin that has real working product are meant to grow along with bitcoin has it is growing. Take a look at the top coin in the market, you can see that as bitcoin increases, they also increase in price also, and has bitcoin decreases, they also follow same part even if they have their own separate technology, but till now, we still cannot explain why they always respond to the price of bitcoin, but because of their real use case is what I believe.

These altcoins within the top 100 are the ones that I truly believe that will grow when the price of bitcoin grows while others are the ones that will cost penny, I means those that are at the least bottom.

FaucetKING

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I don't think so, these are just speculations and not always a "True guess". The market needs are the factor here and not the words of these guys.. Even if they are early birds and adoptors, it doesn't mean that they are saying the truth or that their predictions will come true.
I do think that there's good alts just like: Litecoin, Dash, Monero, ZCash, Zclassic, Phore, Onion, Augur, NEO, Cosmos, Qtum, OmiseGo, Lisk and others. These are somehow projects with real goals that will bring adoption, trust, investors and they are old enough to be having a share. Some Shitty altcoins will die for sure but the other solid ones will survive. Ethereum will never survive if they didn't fix their errors and bugs and provide users with a Static and a fully working official wallet .. without fixing their blockchain, they will die for sure. That's what i'm guessing Wink

DYOR, it's not a financial advice.

cryptofirm

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Quote from: ?? on ??

Many altcoins die without raising the price of bitcoin. And if bitcoin grows very much altcoins will cost a penny. Only 1% of all altcoins will survive.

not only 1% mate,, because a lot of altcoin in the market is good enough and has strong community too
maybe about 10% of altcoins will survive, and another will die when bitcoin price surge

arjuna BTC

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Quote from: DmitFomin on July 14, 2019, 06:48:08 AM

The dominance of bitcoin really continues to grow and has already exceeded 65% of the crypto market. If the capilal continues from altcoins to bitcoin, then soon a lot of weaker altcoins will simply die. But I think that this is a positive trend for the entire crypto market as a whole, because the crypto market will clear up weak projects and strengthen bitcoin.

tahts absolutely true, only a good and reliable altcoin will survive when bitcoin price growing hardly my friend
just wait a little bit more, because altcoin season still on preparations mode Wink

Red-Apple

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i don't understand why some people are either totally black or totally white when it comes to this market! things are never die or be king. in other words altcoins don't have to die as they also don't have to replace bitcoin to survive!

majority of altcoins are there to be pumped and dumped. nobody cares if bitcoin is worth $1 or $10 million when it comes to pumping altcoins, you can still make the same amount of profit on 1BTC regardless of its price. so they will remain alive even more when bitcoin price rises because people want profit on their precious bitcoins.

leea-1334

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Temporary forum vacation

Quote from: gentlemand on July 13, 2019, 08:01:19 PM

Quote from: coino.org on July 13, 2019, 07:12:35 PM

In a last bitcoin pump it was like that. But I don't get the reason why it happens. Bitcoin is so slow, expensive in terms of fee. For me ethereum is much better and xrp is cheaper. Why people still buy bitcoin and don't invest in altcoins?

If you can't figure out why it's valued above all others then you should retreat to the mountains and meditate until you do.

Security, network effect, first mover advantage, the nature of its creation and awareness outweigh 'fast' and ' cheap' by a factor of a few billion.

Bitcoins is so slow = it works for me. I send most people money and they are okay with 0 confirmation they all know I would never cheat them. If you are worried then learn how to make and open Lightning channels for everyone.

Ethereum faster XRP cheaper, guys who say this,,, never even really use them. show us where you use them.

DmitFomin

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BTC $1 mln.

The dominance of bitcoin really continues to grow and has already exceeded 65% of the crypto market. If the capilal continues from altcoins to bitcoin, then soon a lot of weaker altcoins will simply die. But I think that this is a positive trend for the entire crypto market as a whole, because the crypto market will clear up weak projects and strengthen bitcoin.

gentlemand

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Welt Am Draht

Quote from: coino.org on July 13, 2019, 07:12:35 PM

In a last bitcoin pump it was like that. But I don't get the reason why it happens. Bitcoin is so slow, expensive in terms of fee. For me ethereum is much better and xrp is cheaper. Why people still buy bitcoin and don't invest in altcoins?

If you can't figure out why it's valued above all others then you should retreat to the mountains and meditate until you do.

Security, network effect, first mover advantage, the nature of its creation and awareness outweigh 'fast' and ' cheap' by a factor of a few billion.

coino.org

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In a last bitcoin pump it was like that. But I don't get the reason why it happens. Bitcoin is so slow, expensive in terms of fee. For me ethereum is much better and xrp is cheaper. Why people still buy bitcoin and don't invest in altcoins?

bennguyen

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Altcoins will always exist with BTC, it will not die when the BTC pump. I think BTC will pump Altcoin, it will probably dump but eventually it will increase with btc

giletto

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His arguments are from the fact that during bitcoin bull, members of cryptocurrency market tend to sell off altcoins to invest in bitcoin and thereby totally draining alts. This is only possible if the Bitcoin bull is straight line graph without the parabolas and hyperbolas induced by the hyper volatile cryptocurrency market

Cnut237

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Alts won't die, no. I'm sure that the good alts (those that have a genuine use case) will prosper. We are just seeing a BTC surge at the moment. Remember how long the bear market was, over a year. Now that confidence is returning to crypto it is entirely natural that it starts with BTC. As the recovery continues, people will become more confident in general and will move into alts. Remember that BTC doesn't suffer as much as alts during bear markets, it is a compartive safe haven. So when people are wanting to start to return to crypto, but are still a little uncretain, it is natural that they will go with the biggest, safest coin first. Alt-domination comes later, once full confidence has returned. If you hold alts (good alts) then now is not a time to panic, instead it is a time for accumulation and dollar-cost averaging.

Weng_saboh

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Quote from: Haunebu on May 07, 2019, 12:38:31 PM

Quote from: Adriano2010 on May 07, 2019, 12:10:15 PM

I think the old and trusted coins will not die even if bitcoin will reach 500,000$ or more, they will still be used and will still have some value, i reffer to coins like Ethereum, Litecoin and others who already have an history on market.

I agree 100%. The only altcoins that have the chance to survive for a long period of time are the ones which are popular, have a strong real life use-case and are not P&D coins basically. Also, I don't really care what Max Keiser views regarding the cryptocurrency market overall.

I'm glad to see you think like that. And I'm not sure for news like this, if altcoins will disappear. It's not easy like that to get rid of altcoins just for bitcoin. Maybe it can protest the developers of altcoins if that happens. , will it just disappear

makishart

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Quote from: xenomorphe1 on July 09, 2019, 03:49:56 AM

Altcoins are dying as people are helping to pump Bitcoin. Money is travelling from altcoins to Bitcoin. It is like a pump and dump scheme for Bitcoin to try to revive the cryptomarket.
It means that not a lot of money is really coming into the market, but the money come from the altcoins market?

But that will be back to the altcoin again once bitcoin has finished its pump and this is always happening in the crypto when the volume gets centralized to pump bitcoin or altcoin. Speculators will always jump from one to another. Remember that.

AitorMarcos

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I don't think that alts will die. the situstion has to be same as with btc, growth is expected

xenomorphe1

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Altcoins are dying as people are helping to pump Bitcoin. Money is travelling from altcoins to Bitcoin. It is like a pump and dump scheme for Bitcoin to try to revive the cryptomarket.
It means that not a lot of money is really coming into the market, but the money come from the altcoins market?

stadus

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Alts are already dead prior to the climb, so I think they will die again, instead they will grow.
Of the thousands of altcoins in the market, only less 10 coins have performed thus far based on what I see, so in general altcoins are not performing yet.

I'm really hoping the drought will end soon and this market will be as lively as before again as the altcoins started to perform together with BTC.
BTC is mooning again now, so hopefully when it moon, it won't correct long, instead bounce back and raise the price to its high again.

TopT3ns

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Quote from: gwdf1 on July 08, 2019, 03:25:03 PM

Quote from: stfN2128 on July 07, 2019, 03:50:47 PM

Most of the altcoins will die in my opinion, but this isn't a bad thing at all... just check the bunch of alt coins with no use case or which are already dead and still listed on exchanges / cmc and so on... the coins with real use cases will survive...

Everything dies, and not only altcoins but Bitcoin will vanish one day. However, BTC climbing up is not a risk to existing alts. People, who invest money in trusted tokens, will always get high returns. Simply do not play with shitcoins.

It is possible to altcoin even bitcoin die, don't what to be reason maybe something that make it will be zero value. Very little chance, maybe. But not want to resist that it can possibly happen. But when bitcoin high, it wouldn't really make alts die because it is all depends on their developer how they manage their coin.

patz22

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Seems like bitcoin is still unstoppable especially today that it reached another pump well alts might follow once btc is stable for weeks then we can experience alt season but we have to ensure that btc will not slide. Lets keep hoping for better alt season

ChaoChibai

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If bitcoin starts climbing unbelievable highs and the alts just stand still in the position, i think alts will be unworthy. The gap between both btc and alts will be so high and it will makes alts doesn’t has value.

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