Bitcoin Forum

Alternate cryptocurrencies => Altcoin Discussion => Topic started by: worldtraveller321 on December 22, 2017, 01:26:44 AM



Title: What will happen if other coins get overgrown by Bitcoin?
Post by: worldtraveller321 on December 22, 2017, 01:26:44 AM
As there is a huge market of many many coins at moment. they predict in the future that many will get over run by the larger ones.

do you think the lower value ones will become another coin, e.g. join into LTC etc

what would happen if your a holder of these lower coins and something happens? would your investments disappear, or would you see a transfer of them into something like LTC or another larger coin?
thoughts?


Title: Re: What will happen if other coins get overgrown by Bitcoin?
Post by: 13abyknight on December 22, 2017, 01:40:33 AM
As there is a huge market of many many coins at moment. they predict in the future that many will get over run by the larger ones.

do you think the lower value ones will become another coin, e.g. join into LTC etc

what would happen if your a holder of these lower coins and something happens? would your investments disappear, or would you see a transfer of them into something like LTC or another larger coin?
thoughts?

Right now already, smaller coins are being outrun by the larger ones both in terms of price and market cap. This is due to nothing special being offered by smaller coins compared to its bigger and better counterparts which show a lot of room for growth.

No, lower valued coins won't combine or anything like that, they will stay as they are, hovering around in and around whatever value they are at.

On the longer run, it is best to shift to coins which have shown more progress or just larger coins. All of this depends on market trends, volatility and other factors which must be taken into consideration before swapping.