Bitcoin Forum

Bitcoin => Bitcoin Discussion => Topic started by: zeingrind777 on December 25, 2017, 02:30:35 AM



Title: what happens to altcoin if bitcoin has run out
Post by: zeingrind777 on December 25, 2017, 02:30:35 AM
we all know that bitcoins have limits and miners keep trying to collect their bitcoins.

if bitcoin has reached its limit, will bitcoin price remain expensive? does anyone still want it? then what about altcoin? does altcoin also end?


Title: Re: what happens to altcoin if bitcoin has run out
Post by: Lyne01 on December 25, 2017, 02:34:07 AM
we all know that bitcoins have limits and miners keep trying to collect their bitcoins.

if bitcoin has reached its limit, will bitcoin price remain expensive? does anyone still want it? then what about altcoin? does altcoin also end?
If Bitcoin reached its limit, I think it would be ome more expensive so that people who hold bitcoin will sell them. if Bitcoin will run out, altcoin will be dead. No more use for altcoin if theres no more bitcoin.


Title: Re: what happens to altcoin if bitcoin has run out
Post by: mk4 on December 25, 2017, 02:39:11 AM
If bitcoin's supply stops and the demand continues to go up, then the price will obviously go higher due to the supply not meeting the amount of demand we're getting from people FOMO-ing.
On altcoins though? It also depends on what the hard cap of certain altcoins are.


Title: Re: what happens to altcoin if bitcoin has run out
Post by: fabioganga on December 25, 2017, 02:45:36 AM
The supply of Bitcoin will still last for a few more years before it reaches 21 million.

In such a fast moving world, predicting NOW what could happen then is just nothing else than a guess game.


Title: Re: what happens to altcoin if bitcoin has run out
Post by: Kalatas on December 25, 2017, 03:08:10 AM
Bitcoin very long term of mining and also earning for those who want to have work and also to those want to have financial freedom in life. This is the big opportunity for us. And my answer it wont last for this yrs.


Title: Re: what happens to altcoin if bitcoin has run out
Post by: AntoCokbun on December 25, 2017, 05:26:29 AM
we all know that bitcoins have limits and miners keep trying to collect their bitcoins.

if bitcoin has reached its limit, will bitcoin price remain expensive? does anyone still want it? then what about altcoin? does altcoin also end?
If Bitcoin reached its limit, I think it would be ome more expensive so that people who hold bitcoin will sell them. if Bitcoin will run out, altcoin will be dead. No more use for altcoin if theres no more bitcoin.
if the supply of bitcoin stops and demand grows higher then that will make the price higher and if the bitcoin dies then altcoin has no chance.


Title: Re: what happens to altcoin if bitcoin has run out
Post by: shinjunobi09 on December 25, 2017, 05:43:09 AM
Well for me in my own opinion if bitcoin goes so does alternative coins because most of them have the same features which is most likely is its biggest advantage but could also become it's disadvantage due to the hidden and untraceable transaction which could occur to it at anytime.


Title: Re: what happens to altcoin if bitcoin has run out
Post by: SUDARMONO on December 25, 2017, 05:43:27 AM
I think if bitcoin is gone then bitcoin bitcoin prices will be higher because it will be a rare item and everything will go well, that's what I always expect.


Title: Re: what happens to altcoin if bitcoin has run out
Post by: Bloodseekers on December 25, 2017, 05:51:36 AM
we all know that bitcoins have limits and miners keep trying to collect their bitcoins.

if bitcoin has reached its limit, will bitcoin price remain expensive? does anyone still want it? then what about altcoin? does altcoin also end?

Lol ends?? why you think altcoin will ends?
if bitcoin reached the limit, of course the price will go to the moon
every day bitcoin community grow rapidly but bitcoin sirculation is limited, that's why bitcoin price will expensive

If Bitcoin reached its limit, I think it would be ome more expensive so that people who hold bitcoin will sell them. if Bitcoin will run out, altcoin will be dead. No more use for altcoin if theres no more bitcoin.
i don't agree with you, bitcoin never run out, the circulation remains in his community. bitcoin will still exist


Title: Re: what happens to altcoin if bitcoin has run out
Post by: oemar bakrie on December 25, 2017, 05:55:36 AM
Ending or not it depends on the interests of bitcoin users ..
If all are looking and no one buys otomotis bitcoin will end, and I want bitcoin not to end even though the selling price is not as high as this time.!!
bitcoin and altcoin I think brothers are competing in the world of cripto, if for example bitcoin depleted altcoin that will be his successor.


Title: Re: what happens to altcoin if bitcoin has run out
Post by: 13abyknight on December 25, 2017, 06:07:12 AM
Bitcoin has a max cap of 21 million coins. We're now at around 17 million in circulating supply and as we go on, miner reward per block decreases while difficulty increases, both exponentially. It is already priced at over five digit per coin so once the maximum supply is hit, expect prices to be off the charts as we all know how scarce it would be by then.

Altcoins have nothing to do with this, except that they will give Bitcoin a run for its money with respect to market cap and per coin prices as likes of ETH, IOTA, XRP etc are looking at a bright future.


Title: Re: what happens to altcoin if bitcoin has run out
Post by: Destroyeroff98 on December 25, 2017, 06:17:38 AM
we all know that bitcoins have limits and miners keep trying to collect their bitcoins.

if bitcoin has reached its limit, will bitcoin price remain expensive? does anyone still want it? then what about altcoin? does altcoin also end?
Bitcoin has a limit in quantity, like other cryptocurrencies. And each cryptocurrency has a different number.
Therefore, if Bitcoin ends, Altcoins remain.


Title: Re: what happens to altcoin if bitcoin has run out
Post by: kier010 on December 25, 2017, 06:22:07 AM
we all know that bitcoins have limits and miners keep trying to collect their bitcoins.

if bitcoin has reached its limit, will bitcoin price remain expensive? does anyone still want it? then what about altcoin? does altcoin also end?
If Bitcoin reached its limit, I think it would be ome more expensive so that people who hold bitcoin will sell them. if Bitcoin will run out, altcoin will be dead. No more use for altcoin if theres no more bitcoin.

just because bitcoin will end does't mean altcoin will also end. each altcoin have its own purpose and uses. look for etherium it has a potential to be the same with bitcoin or maybe can surpass it in the future.


Title: Re: what happens to altcoin if bitcoin has run out
Post by: ismelda_ita on December 25, 2017, 06:46:01 AM
bitcoin has a limit of 21 million, if it has reached the limit and demand is increasing, of course, the price will be very expensive. and for altcoin, I do not think it has any effect on bitcoin


Title: Re: what happens to altcoin if bitcoin has run out
Post by: AlaitisalKhayr on December 25, 2017, 06:47:11 AM
we all know that bitcoins have limits and miners keep trying to collect their bitcoins.

if bitcoin has reached its limit, will bitcoin price remain expensive? does anyone still want it? then what about altcoin? does altcoin also end?
Theoryticaly it will make the demand even bigger because there is no more additional supply.  But there is probability that bitcoin minner will turn to other coin that can they mine because it will be profitable for them. Its difficult to predict.


Title: Re: what happens to altcoin if bitcoin has run out
Post by: Thanasis on December 25, 2017, 06:48:39 AM
we all know that bitcoins have limits and miners keep trying to collect their bitcoins.

if bitcoin has reached its limit, will bitcoin price remain expensive? does anyone still want it? then what about altcoin? does altcoin also end?

If bitcoin was reached its limit then the price will be more expensive than now,but some theory says that last bitcoin will be mined in 2140,so its still a long way to go.If bitcoin was done then people will look for alternative coins so altcoin also will get expensive if all bitcoins were mined.
We are still in the early stages of crypto currency,many peole don't know what is crypto and bitcoin so if many people will knows abouth this in near future so the demand of coin will increase so the price also increase.


Title: Re: what happens to altcoin if bitcoin has run out
Post by: Kakmakr on December 25, 2017, 09:11:10 AM
Alt coins have different coin caps, so they will not "run out" at the same time. ^smile^ The whole Crypto currency protocol was designed to sustain the network with miners fees, once the Block reward runs out. The Lightning Network will have Lightning hubs that would also serve as a source of income, when the Block reward stop.

Satoshi thought about everything. ^smile^


Title: Re: what happens to altcoin if bitcoin has run out
Post by: master2080 on December 25, 2017, 09:14:19 AM
Alt coins have different coin caps, so they will not "run out" at the same time. ^smile^ The whole Crypto currency protocol was designed to sustain the network with miners fees, once the Block reward runs out. The Lightning Network will have Lightning hubs that would also serve as a source of income, when the Block reward stop.

Satoshi thought about everything. ^smile^

Well, the incentive to mine will be now on the fees. By the time that happens, the fees will be worth as much as block rewards are today.


Title: Re: what happens to altcoin if bitcoin has run out
Post by: CuteBaby123 on December 25, 2017, 09:24:51 AM
we all know that bitcoins have limits and miners keep trying to collect their bitcoins.

if bitcoin has reached its limit, will bitcoin price remain expensive? does anyone still want it? then what about altcoin? does altcoin also end?
If bitcoin will run out, then the price will become really expensive, why? So that people who hold bitcoin will force to sell them then it will go to cycle again. But if that wont happen, altcoin's value will become useless.


Title: Re: what happens to altcoin if bitcoin has run out
Post by: kpcian on December 25, 2017, 09:25:17 AM
we all know that bitcoins have limits and miners keep trying to collect their bitcoins.

if bitcoin has reached its limit, will bitcoin price remain expensive? does anyone still want it? then what about altcoin? does altcoin also end?
I think nothing will be done, Day by day Bitcoin is becoming a powerful currency so that it will not vanish anymore, not only that but also Bitcoin is getting accepted in many countries as well as online platforms, that's why Bitcoin is not going to die.

on the other hand, Altcoin will dominate in the local market so in case of any disaster of Bitcoin then altcoin will find out another way. In the era of technology, many source will come out in the absence of Bitcoin.


Title: Re: what happens to altcoin if bitcoin has run out
Post by: Hy1085 on December 25, 2017, 09:33:17 AM
two things had happened in the past, cash will flow into altcoins therefore price will rise. or bitcoin leads to an major correction,I am not sure on the theory behind it


Title: Re: what happens to altcoin if bitcoin has run out
Post by: Vannie12 on December 25, 2017, 10:07:31 AM
we all know that bitcoins have limits and miners keep trying to collect their bitcoins.

if bitcoin has reached its limit, will bitcoin price remain expensive? does anyone still want it? then what about altcoin? does altcoin also end?

When twenty-one million bitcoins are mined that will be the exact limit of supply, bitcoin will become very expensive depending on how users adopt it.
It will stlbe based in how people see bitcoin as a trust worthy coin.
Expensive things stiil attracts people when it's quality is proven by old users.
Altcoins are based on bitcoin, assuming that if bitcoin booms, they will to. And if it doesn't, it will have a down side as well too.


Title: Re: what happens to altcoin if bitcoin has run out
Post by: gordonsam32 on December 25, 2017, 10:08:46 AM
I believe that alt coins are not dependent on Bitcoin since they are even inversely proportional. If or when Bitcoin crashes, Alt coins will shine the brightest.


Title: Re: what happens to altcoin if bitcoin has run out
Post by: DARKANGEL6415 on December 25, 2017, 10:10:34 AM
Considering the fact that we have a long time of some thing  like 115 years  before last bitcoin is mined. I think i can safely say that wont be a problem for you or me or our kids and even grandkids possibly. Now when all 21 million bitcoins are mined i strongly believe people will still use them. Now i dont think alt coins will die off when bitcoin is mined completely. I think bitcoins will become the equivalent of a $100 bill that is not used for small purchases " in the far future " . Where alt coins can be the $1 bills for small purchases.


Title: Re: what happens to altcoin if bitcoin has run out
Post by: mxyzptlkof6th on December 25, 2017, 10:15:40 AM
Bitcoins and alt coins only rely on each other if they are both from the blockchain. There are also in the ripple which does not depend on btcs. Also, altcoin will overtake bitcoin if the price will have a downfall.


Title: Re: what happens to altcoin if bitcoin has run out
Post by: ylnar123 on December 25, 2017, 10:22:33 AM
we all know that bitcoins have limits and miners keep trying to collect their bitcoins.

if bitcoin has reached its limit, will bitcoin price remain expensive? does anyone still want it? then what about altcoin? does altcoin also end?

Then we will come to the supply and demand law. Which means when the supply cannot meet the demand of the investors the more it will rise the price to make investors sell their bitcoins and the cycle will continue. Another thing is that some coins will be available and will coup up with bitcoin like the promising ethereum, ripple etc.


Title: Re: what happens to altcoin if bitcoin has run out
Post by: harrypotter1229 on December 25, 2017, 10:34:51 AM
There is no need to worry about this problem, and it will take one hundred years for bitcoin to finish. In theory it is not to be mined until 2140. It is believed that people have found an alternative before they are finished.


Title: Re: what happens to altcoin if bitcoin has run out
Post by: mia khalifa on December 25, 2017, 10:36:58 AM
we all know that bitcoins have limits and miners keep trying to collect their bitcoins.

if bitcoin has reached its limit, will bitcoin price remain expensive? does anyone still want it? then what about altcoin? does altcoin also end?

of course you are right if bitcoin is more expensive then altcoin will also be expensive because it seems it will be rare people who want to buy at a very expensive price for fear of falling prices.


Title: Re: what happens to altcoin if bitcoin has run out
Post by: nebuch on December 25, 2017, 10:43:36 AM
Bitcoin is not infinite its supply. Many people work hard to get bitcoin, some buy bitcoin and invest.
Btc's supply numbers of coin decreases every day due to the public demand.
If bitcoin run out, I should say altcoins will increase its value. Because btc will become more expensive as precious one that everyone looking and desiring to have it even just one as btc start this crypo world. And I guess to its developer have already plan regarding this future to take place.


Title: Re: what happens to altcoin if bitcoin has run out
Post by: phips28 on December 25, 2017, 10:55:50 AM
If bitcoin's supply stops and the demand continues to go up, then the price will obviously go higher due to the supply not meeting the amount of demand we're getting from people FOMO-ing.
On altcoins though? It also depends on what the hard cap of certain altcoins are.

Demand will always grow, if the whole crypto world succeed ::)


Title: Re: what happens to altcoin if bitcoin has run out
Post by: ashfer on December 25, 2017, 11:06:16 AM
If all the bitcoins get mined the market value of the btc will increase because there is no more btc to provide for the public and hence when the demand of the btc grow the rate will also grow and the once holding btc will sell off their coins to get profit so that they get benefit out of their coins.And it will be available for the public again.Anyway it will atleast a century or more to get the last bitcoins mined as mining of btc has become more complex as compared to what it was in the past and its a long way to go.And the matter about the alt coins is that it will also continue to grow along with the btc. 


Title: Re: what happens to altcoin if bitcoin has run out
Post by: ihsanskanzaone on December 25, 2017, 11:15:12 AM
Surely there will be one coin that will take the bitcoin position as a criptocurrency representative and as a coin that has the highest price because it now stands in topcoin that beats the other coins. But I have not thought of another coin that can beat bitcoin because bitcoin is already in the likes of the world community.