Will bitcoin eventually kill Altcoin?

[ekoice]

This is not true, the opposite happens historically - when BTC goes up ALTS follow.

were you living under a rock this past December?  They eventually do, but there is always a lag, btc price rise has always hurt alt prices in the short term.

When bitcoin price rises,immediately it has a negative impact on altcoins prices but temporarily.Then slowly,altcoins start to recover from price fall.We could not say that altcoins survival is entirely dependent on bitcoin.Altcoins do have some features not provided by bitcoin,So altcoins would still exist even if bitcoin price goes to million dollar.

[oegarod]

Bitcoin won't kill altcoins at any instance. The reason is that bitcoin needs something to compete. Altcoins will always go as a support and the for the increased circulation of virtual currency. Trading seems to be the industry that makes a larger transaction and more people into profiting. For this it requires more altcoins.

[kryptqnick]

This is not true, the opposite happens historically - when BTC goes up ALTS follow.

were you living under a rock this past December?  They eventually do, but there is always a lag, btc price rise has always hurt alt prices in the short term.

When bitcoin price rises,immediately it has a negative impact on altcoins prices but temporarily.Then slowly,altcoins start to recover from price fall.We could not say that altcoins survival is entirely dependent on bitcoin.Altcoins do have some features not provided by bitcoin,So altcoins would still exist even if bitcoin price goes to million dollar.

I think it is quite wrong. Look at bitcoin and main alts right now to see that there are times when btc growth leads to altcoins growing as well. From  16 to 20 of May bitcoin grew from $1700 to $2000. Ethereum grew from $90 to $120 at the same time with no drops in price (maybe the price went from $92 to $89 but that is too insignificant). Litecoin went down from 25 to 20 dollars and grew up to 27 dollars there. So I think we should stop saying that btc price grows has negative impact on the price of altcoins, since it is just wrong.

[emezh10]

I guess it is really not i guess you can notice when the price of bitcoin go up the altcoin price go down also and vice versa but we can see that there is a delay in the price in the market and when the price of bitcoin go up it go up a lot than it go down i guess it also happened in altcoin when it go down it go up a lot in the market so eventually it cannot be killed but still the ranged of price in the bitcoin and altcoins is really a long run.

[mudasarali43]

Altcoin price does not took a dip every time when bitcoin price goes up
I observe the main thing is the way how to bitcoin price go up if price of bitcoin make a pump for example the price pump up to 20% 30% etc. in one or two candles in an hour then the buyer feel hype and they sell altocoin and move to buy bitcoin and then price of altcoins goes down but if the bitcoin price grow smoothly for example 20% increase in 3 days or more while not a big decrease then altcoins have no effect.

[shams]

It is happening now because at this time most of the people does no know the actual worth of other altcoins that is why when bitcoin is on the move altcoins take a dump but when this crypto world understand the real worth of other crypto currencies also than I think market will be more stable things like this will not happen or will be less.

[Kill Joy]

Altcoins are so easy to create. There's no reason people can't keep creating them. They will be around.

[SmokerFace]

That's not true, Most of the time when bitcoin goes value up it affects altcoins to go down but it's just a little and altcoins will comeback to it's price after few days just remember when altcoins has a dump there's a good pump so don't be worry when bitcoin going up and affects your coins in your portfolio.
But choose a good coin to hold many of coins didn't affect by the bitcoins when it goes to pump.
All coins on the coinmarketcap toplist is good to invest and hold

[TokenStars]

Bitcoin is taking the role of the reserve currency. There is the same situation on the classic currency market: USD is used as the reserve cryptocurrency in many countries, but that does not mean that it will necessarily kill all the other or most of the world's currencies or even need that to survive.

[Kersh768]

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 would say no, even bitcoin price goes up eventually the Altcoins will not go down thats because some of the altcoins out in the market are successful and won't hit bottom rock even if the bitcoin increases constantly, especially there are still investors that invested on legit Altcoins which still be organized and running. Still altcoins won't beat bitcoin in terms of price.  

Altcoin stands for other cryptos, it is in general which means if some of the altcoins are not successful, it doesn't mean that others won't also succeed. It depends on the altcoin. The negative effects of the BTC's inflation are only limited to other altcoins and not as a whole. There are altcoins that follows when BTC rises. Maybe BTC won't kill alts , it will just have a higher value instead, and in most of the alts.

[Hoganye]

Bitcoin is taking the role of the reserve currency. There is the same situation on the classic currency market: USD is used as the reserve cryptocurrency in many countries, but that does not mean that it will necessarily kill all the other or most of the world's currencies or even need that to survive.

But in crypto market Bitcoin have role making the price of altcoin up or down, if you check again in June - July, you can see when the price of Bitcoin have fluctuations, the price of Altcoin always fluctuations too, mostly are falldown to real value

[Ayers]

Altcoins are so easy to create. There's no reason people can't keep creating them. They will be around.

they also die equally easy as they are created lol, everytime bitcoin is dumped some altcoin die, because they are also dumped and if they coem with low volume they fade away because investors don't return anymore after the first big dump

[pearlmen]

I don't see bitcoin killing altcoin because its what make the crypto currency interesting. If we have no Alts, then there is no need to trade which will then mean we there will be nothing to act as push or pull for the price of bitcoin. Aside that, I see enormous pressure if bitcoin is the only crypto currency which I doubt bitcoin will be able to handle couple with the new alts coming in every day as much as one is going down, several is taking over.

[AleSergio]

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? .

Not always and not for all of the altcoins. Some of them are incresing as well when bitcoin drops.  But we must also think the other way around, one of the main thing that btc grows is that altcoins grow up I don`t think that bitcoin will kill altcoins somehow

[Pab]

Value alts will stay,there is few of them,hype alts will appear disappear,virtual trash,same devs withv diffrent nicks

[Dainye_dyep]

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 is not a major indication that when bitcoin's price pump, altcoins price will drop all of a sudden. It just happen that various altcoin types also get along with the pump of bitcoin. Also, the opposite interaction between bitcoin and altcoin is the balance running on the market. It is not that when bitcoin pumps, altcoin must also pump. It must be a good indication to buy more altcoins because once you trade it for btc, you will have a great profit feedback. Bitcoin will not be a cause to the death of altcoin because it won't happen.

[ubeng07]

Bitcoin is taking the role of the reserve currency. There is the same situation on the classic currency market: USD is used as the reserve cryptocurrency in many countries, but that does not mean that it will necessarily kill all the other or most of the world's currencies or even need that to survive.

But in crypto market Bitcoin have role making the price of altcoin up or down, if you check again in June - July, you can see when the price of Bitcoin have fluctuations, the price of Altcoin always fluctuations too, mostly are falldown to real value

They are in the same path on how they up and down right now. As of now we should observe it for what would happen. Maybe after this month there would be a big change

[The_Dark_Knight]

This should tell you all you need to know

http://coinmarketcap.com/charts/#btc-percentage

Unless there's a monumental reversal, unlike the world has ever seen, bitcoin may eventually end up holding about 10-20% of the total crypto market. Still the No.1 currency but not as dominant as people are used to now. Give it 5 more years. But I don't believe that BTC will be above 50% dominance by the end of the year. Might even be sooner, maybe around September. Alts are growing too fast. Bitcoin is as well but just not as fast.

Correct bitcoin cannot grow as fast, even if it is the best coin out there, there are hundreds of coins created every year and some of them become very successful so it is impossible for bitcoin to retain the dominance that it had in the past.

[niisarearning]

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 .

[nicolas1979]

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 don't think so, altcoin price action depend many things like supply, demand, news speculation and btc price itself. Altcoin will grow up follow bitcoin as their mother coins. But market has their own answer, as a trader or investor we only can predict. That's why we need stop loss and money management for safety. Altcoin will never died, never lose faith on that. Good luck.