Will bitcoin eventually kill Altcoin?

[xuan87]

Bitcoin won't killed any alt coin, no matter how much is the bitcoin price as long as there are a lot of investors want to invest in that coin then the coin will survive, when bitcoin is up alt coin usually will go down, and the investor will look it as an opportunity to horde the alt coin so with the rising demands the price will be up again

[khufuking]

I do not know why people keep put compare BTC with dollar . I think BTC should be compared to gold not dollor . BTC is the gold of crypto currency world . That is how i see it and i agree that BTC do not need altcoins to survive but altcoins do need BTC to survive .

For any country before they print there currency they should cover it with gold so currency need gold to be printed but gold will always be gold wither there is another currency or not .

[Nascor]

more like vise versa

it's more likely that altoins will kill Bitcoin

Bitcoin's dominance is steadily decreasing

[lionheart78]

I do not think that Bitcoin and Altcoin will kill one another.  I believe the one who will die a natural death is the altcoin that brings no purpose in the cryptocommunity.  But those with legit projects and technology will eventually work harmoniously with one another.  This will benefit both Bitcoin and altcoin community thus helping each other to stabilize and keep on progressing.

more like vise versa

it's more likely that altoins will kill Bitcoin

Bitcoin's dominance is steadily decreasing

Care to elaborate, and please do not use the coinmarket cap, it is obvious that there is a huge discrepancy when it comes to calculation of the actual dominance.

[NoiseBoy]

No, for the same reason that Amazon won't kill Walmart.

[Zadicar]

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? .

It wont happen at all and theres no effect if Bitcoin would increase its price it may dip some altcoin but because those users decide to go on bitcoin.In other words,altcoin and Bitcoin itself do really rely on its users and as long there are people who do use or buy it then it wont die no matter how the price of bitcoin would be high.It will remain as long theres an adoption.

[audaciousbeing]

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? .

The relationship between bitcoin and alt is such that can be regarded that having inverse relationship but that does not mean they can survive without each other. Its true that to majority of people bitcoin is the only cryoto currency but these people only use it as a currency and they hardly play any role in the increase in the market price neither the market capitalisation but those who use it for trades and exchanges so bitcoin can not kill alt no matter how high it goes because they are the ones that give relevance to bitcoin in my opinion and when they are gone then there won't need for exchange sites which will equally takes its toll on the price of bitcoin.

[deddod]

No, every BTC price goes up there is some altcoin the price goes down. But once prices start to stabilize slowly altcoin prices rise again. And that's when altcoin traders take advantage of the moment.   

[coin-investor]

Yes that is the trend right now but we have no control over the future and the technology is evolving,we do not know if a new altcoins will come out with greater anonimity and fast transactions and crypto currency community will support these kind of altcoin..

[n0ne]

Yes that is the trend right now but we have no control over the future and the technology is evolving,we do not know if a new altcoins will come out with greater anonimity and fast transactions and crypto currency community will support these kind of altcoin..

As said the requirement of the user base will change, but the base of the innovation is always the leader​. So altcoins will serve to be the support system growing along with bitcoin. These days I hope lot of potential altcoins are emerging in the market and makes good impact on the cryptocurrency network promotion.

[looby]

I think a variety of altcoin will bloom, not only bitcoin, like XRP, ETH, the market capitalization has reached half of bitcoin.

[Cazkys]

I think a variety of altcoin will bloom, not only bitcoin, like XRP, ETH, the market capitalization has reached half of bitcoin.

Yap and i think it is the otherwise, bitcoin gave life to altcoins. It it started with only one known coin then these altcoins spawned from thin air. Maybe right know it's hard for other coins to increase via price but still. Many altcoins now have different agendas on there own. It maybe hard to control but in there own time they might actually might get high. Because technically it is still too early to decide whether coins are dying or not.

[dmamigo]

I don't think so it will. Why would Bitcoin kill Altcoin, because of BTC there are alts. Both are user based and both coins rely on each other as well IMO.
As there are many fiats which exists equally in this world, so as this coins will.

[Cactushrt]

No i dont think bitcoin will be the reason to kill those altcoin there are some coins increasing even the price of bitcoin increase at the same time.

[chain_chain]

No way. It just doesn't make any sense for BTC.

[freeElectron]

I do not think that Bitcoin and Altcoin will kill one another.  I believe the one who will die a natural death is the altcoin that brings no purpose in the cryptocommunity.  But those with legit projects and technology will eventually work harmoniously with one another.  This will benefit both Bitcoin and altcoin community thus helping each other to stabilize and keep on progressing.

more like vise versa

it's more likely that altoins will kill Bitcoin

Bitcoin's dominance is steadily decreasing

Care to elaborate, and please do not use the coinmarket cap, it is obvious that there is a huge discrepancy when it comes to calculation of the actual dominance.

Brings no purpose?

BTC is dying. You did not notice? BTC is slow, expensive and wasteful. Whats good about it?
Transaction-fees are exploding with 1200% a year, it consumes electricity for several million dollars a day (for not much good reason), and is slow.

You think people want to put up with that, just so their money have a fancy name? really?

 

[Gheka]

Actually I do not find any reason to say bitcoin will kill altcoin, bitcoin and altcoin always exist together, both inseparable and always have the balance to make the market stable. If bitcoin or altcoin dies, the market will surely have big fluctuations and affect the economics, so I believe that bitcoin will never kill altcoin and vice versa. Sometimes we can see the price of bitcoin increase sharply and altcoin will drop because the balance between altcoin and Bitcoin lost in a short time but then bitcoin will stabilize and the altcoin will rise again to balance with bitcoin

[terciduk123]

Very unlikely, bitcoin equal to altcoin is still needed by many people, and very unlikely if one coin kills each other.

[renes]

I think no. Rather a coin can kill itself.  Bitcoin is leading coin, with the stronger bitcoin, altcoins (I don't like calling them altcoin) will be stronger.

[MacT]

 
 as btc becomes less dominant, the larger of alts are gaining their own strength. Really a few 'alts should not even be labeled that any more, as they are approaching being as widely used and valued as btc