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Author Topic: Will bitcoin eventually kill Altcoin?  (Read 5461 times)
karanggatak
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July 28, 2017, 02:37:30 PM
 #141

altcoin price still up down,  although bitcoin rise. and altcoin wont die because many people, investor, and other playing or creating this coin. and until now many coin spread here. it will be balancer of bitcoin

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July 28, 2017, 02:46:45 PM
 #142

Most of the time it does, but there are some coins that will not


Yhup. Not all will be destroyed by bitcoin. But some of them maybe on bitcoin's side. We dont know what will happen in the future. But as far as I know, bitcoin will continue till 2020.

Bitcoin is actually not a destroyer of altcoin but vice versa. Altcoin are the whose destroying bitcoin. There too many popping altcoin every month and the market for cryptocurrency is spreading which deatroying btc market.

Lady Coquet
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July 28, 2017, 03:15:02 PM
 #143

This is not true, the opposite happens historically - when BTC goes up ALTS follow.
yes your right, b itcoin eventually could bot kill bitcoin because if bitcoin goes up altcoin follow. but bitcoin is still famous and has a better price than altcoin because bitcoin is still the greatest virtual currency. but as of now altcoins price decrease while bitcoin price goes up because bitcoin starting to have an big value.
The_Dark_Knight
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July 29, 2017, 01:31:47 AM
 #144

Nope, its not. Bitcoin is useless without altcoins. I think the reason of why the price of bitcoin is rise is because of altcoins. For my own analysis, as you can see in the graph from 2014 upto this year 2017. The bitcoin price is continue increasing and the altcoins is increased in numbers. Therefore, the many altcoins made the more bitcoin price increase.
This does not make sense, and most of the time it is the other way around, you can buy bitcoin with fiat, but can you buy other cryptos with fiat? Most of the time the answer is not, in order to buy alts you need to use bitcoin, so altcoins grow because of bitcoin and no the other way around.
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