Pages:
Author

Topic: Will bitcoin eventually kill Altcoin? - page 4. (Read 5459 times)

full member
Activity: 406
Merit: 100
July 22, 2017, 01:56:43 PM
#84
In my own opinion,not really,because their are still many uses altcoins,Cause altcoins are small amount of bitcoins it is still used.For many people using altcoins ther are using it to sell it in to higher value and to become bitcoins.Thats why altcoins are not easily disappear in cryptocurrencies.
Example: Monero have a huge community Underground and Business using, although the price of Bitcoin increasing or decreasing, it just slowly growth or falldown in short time, but stable and safe, not as other altcoin on market
sr. member
Activity: 462
Merit: 250
July 22, 2017, 01:47:18 PM
#83
Altcoins actually help Bitcoin and VICE VERSA. Think about it, so many speculators enter the crypto currency markets and they first purchase Bitcoin to buy other altcoins. I think both work in synergy with each other. Good altcoins and blockchain platforms and tokens will evolve and this competition to grow Blockchain technology is healty for Bitcoin in the long run also. I do not think Bitcoin will kill other altcoins, only bad and useless altcoins will commit suicide and die because they will be useless by themselves.
I'm agree with your opinion in some measure,is as if for example each altcoin aimed at attracting a very particular niche of users that in some other way they would not be very interested in cryptocurrencies  or it would take them longer to know and that way comes what you mention in your comment and can be rephrased as follows at some point they must do the conversion between BTC and altcoin forming a kind of synergy with each other,maybe the biggest challenge for users is to detect which ones have a future and which ones do not.
hero member
Activity: 1036
Merit: 504
July 22, 2017, 01:28:27 PM
#82
Altcoins actually help Bitcoin and VICE VERSA. Think about it, so many speculators enter the crypto currency markets and they first purchase Bitcoin to buy other altcoins. I think both work in synergy with each other. Good altcoins and blockchain platforms and tokens will evolve and this competition to grow Blockchain technology is healty for Bitcoin in the long run also. I do not think Bitcoin will kill other altcoins, only bad and useless altcoins will commit suicide and die because they will be useless by themselves.
sr. member
Activity: 406
Merit: 250
WPP ENERGY - BACKED ASSET GREEN ENERGY TOKEN
July 22, 2017, 01:08:52 PM
#81
It is difficult to predict the price of coins in the crypto world.
Either bitcoin or altcoin is just as difficult to guess.
I think their price competition is very interesting.
But for now both are very useful in the world of cripto although bitcoin is still the most expensive coin.
And altcoin can still survive to compete with bitcoin.
legendary
Activity: 1008
Merit: 1000
GigTricks.io | A CRYPTO ECOSYSTEM FOR ON-DEMAND EC
July 22, 2017, 12:05:24 PM
#80
I don't think this might happen. coz i see altcoin as an element which preserves balance to the crypto world. just how you observe in the real world. the bitcoin act as the usd for the universal currency and the
altcoin are those other currencies. it maybe simple but i guess it's a concrete explanation to sum things up.
full member
Activity: 574
Merit: 139
July 22, 2017, 11:52:10 AM
#79
Bitcoin is the King and altcoin always follow Bitcoin, when Bitcoin have problem some soldiers (altcoins) will want replace it. But not easy for overthrow a King have long history as Bitcoin and biggest community on crypto world. The altcoin replace this place just is temporary and will crashing too if Bitcoin breakdown
Well said.
There will always be altcoins, even if something happen to bitcoin and it dies and some altcoin replace its place, there will always be new altocoins trying to replace new king.
sr. member
Activity: 854
Merit: 253
l0tt0.com
July 22, 2017, 11:42:14 AM
#78
Both bitcoin and altcoin will need to survive along side each other with one not killing each other. The alt section of the crypto sections make the entire crypto world interesting by providing enabling environment for trading activities which is a major backing for bitcoin especially those who are actively involved. This alone is what makes the crypto world bigger and bigger that is even commanding the attention it is today.
Bitcoin is the King and altcoin always follow Bitcoin, when Bitcoin have problem some soldiers (altcoins) will want replace it. But not easy for overthrow a King have long history as Bitcoin and biggest community on crypto world. The altcoin replace this place just is temporary and will crashing too if Bitcoin breakdown
sr. member
Activity: 1344
Merit: 259
Tontogether | Save Smart & Win Big
July 22, 2017, 11:27:33 AM
#77
Not all altcoin falls when bitcoin rises. Yes it is true every btc ride altcoin definitely fell for somehow it happened or there was a game. But what I know when bitcoin rises is how many coins keep following the bitcoin like eth and ltc. I think it is not possible eth and ltc will match btc.
sr. member
Activity: 476
Merit: 254
July 22, 2017, 10:58:18 AM
#76
Both bitcoin and altcoin will need to survive along side each other with one not killing each other. The alt section of the crypto sections make the entire crypto world interesting by providing enabling environment for trading activities which is a major backing for bitcoin especially those who are actively involved. This alone is what makes the crypto world bigger and bigger that is even commanding the attention it is today.
full member
Activity: 352
Merit: 125
July 22, 2017, 10:52:05 AM
#75
In my own opinion,not really,because their are still many uses altcoins,Cause altcoins are small amount of bitcoins it is still used.For many people using altcoins ther are using it to sell it in to higher value and to become bitcoins.Thats why altcoins are not easily disappear in cryptocurrencies.
sr. member
Activity: 308
Merit: 250
Machine Learning & AI - Trustless Ledger System
July 22, 2017, 08:15:06 AM
#74
This is not true, the opposite happens historically - when BTC goes up ALTS follow.

I think it is not the fact. Recently, the bitcoin dumps a lot maybe because of the hard fork issues, but these days, the bitcoin as well as the alt coins pumps together.
hero member
Activity: 1098
Merit: 500
July 22, 2017, 05:03:48 AM
#73
Now that bitcoin has Segwit, it will be able to do anything that any Altcoin can do. Why do we need etherium when btc will have smart contracts also? The altcoin community better start coming up with some fresh ideas or they will get left behind.
member
Activity: 112
Merit: 10
July 22, 2017, 04:27:46 AM
#72
actually, it's the opposite. BTC gets high, so as ALT. pretty clueless for a hero member e?
sr. member
Activity: 462
Merit: 250
July 19, 2017, 09:12:17 PM
#71
Bitcoin is already killing the altcoins and the altcoins are just resisting it because if you will look at the overall market, bitcoin is always in the top 1 and that is the proof that bitcoin cannot be defeated by any altcoins because it is the most valuable and trusted coin in the market.
At first I thought that yes,but then  when you observe for some time altcoins like Dash,Eth and some others you realize that it really is not like that,where maybe if I should be in complete agreement is that effectively the one at the top at the moment is BTC and the one that has come closest is ETH, and really I do not know if that can be different in later years or if a new super coin can be able to surpass or to rival with BTC.
sr. member
Activity: 434
Merit: 250
July 19, 2017, 07:45:31 PM
#70
I pikiri, it will not be possible because of the price of the bitcoin is still in the top spot in the market trades even be high there is still altcoin who will stay behind it. But the true bitcoin is a person who has a high price compared to other altcoin. Not just because of the price of the bitcoin ride that means that altcoin will fall.
hero member
Activity: 1372
Merit: 564
July 19, 2017, 05:48:29 PM
#69
Every time bitcoin price goes up,Altcoin price take a dip.No doubt bitcoin rule the crypto world and sooner or later it will become mainstream.
Once it happens, btc will be worth million dollar.Will then all Altcoin be died?Seems Altcoin price are inversely proportional to btc price, if btc keep rising, will Altcoin keep falling? .
I think its no. They have been depended on each other now and help each other. Like what it has been happened last time btc drops as well as the alt coins. We can see that they have been connected to each other.
full member
Activity: 384
Merit: 106
July 19, 2017, 05:45:18 PM
#68
Every time bitcoin price goes up,Altcoin price take a dip.No doubt bitcoin rule the crypto world and sooner or later it will become mainstream.
Once it happens, btc will be worth million dollar.Will then all Altcoin be died?Seems Altcoin price are inversely proportional to btc price, if btc keep rising, will Altcoin keep falling? .
No. The possibility for that thing of altcoin death because of bitcoin pump is impossible. Because not all the times that when bitcoin price pumps, altcoin price dumps. There are instances that they do both acquire the pumps. Also the reason why bitcoin has its high price value compared to altcoins because many users preferably use bitcoin a lot. And also to maintain balance in the market, there must be an opposite scenario to happen which is dump and pump to maintain the balance it the price cycle.
legendary
Activity: 3038
Merit: 1024
Leading Crypto Sports Betting & Casino Platform
July 19, 2017, 11:00:04 AM
#67
I dont think actual fact is most of the coins not depend on each other like bitcoin . Every coins come of with particular solution like ether is the currency holding ethereum platform were able to create smart contracts for transacting token created need some ether (ETH) crypto currency  so ethereum gains popularity .
But it will be difficult for the altcoin to leave from the market dominance of bitcoin. remember the ripple and ethereum already did it in the past but looks the bitcoin still become a strong candidate for the crypto leader.
I think the price all of the coin still pegged with the bitcoin outside from the crypto popularity
copper member
Activity: 672
Merit: 270
July 19, 2017, 10:52:04 AM
#66
Bitcoin is already killing the altcoins and the altcoins are just resisting it because if you will look at the overall market, bitcoin is always in the top 1 and that is the proof that bitcoin cannot be defeated by any altcoins because it is the most valuable and trusted coin in the market.
sr. member
Activity: 882
Merit: 258
★Bitvest.io★ Play Plinko or Invest!
July 19, 2017, 10:47:53 AM
#65
This is not true, the opposite happens historically - when BTC goes up ALTS follow.
Definitely, and not just because bitcoin was above from altcoin it means that it can make altcoin die. It wont happen because altcoin was the other type of coin that can be used if you dont have bitcoin. And this was also the reason why we have more bitcoin. The price of it was just nesrly connected to each other and thats why when bitcoin goes up altcoin follow.
Pages:
Jump to: