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Author Topic: If Bitcoin dies does altcoin die?  (Read 17257 times)
divyasdm11
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February 09, 2018, 07:23:11 PM
 #1141

I'm not sure if the dead bitcoin will be followed by the death of altcoin, it could be another coin that plays a role as a trading center because of the possibilities that could happen in cryptocurrency, but if bitcoin's dies that will have an impact on trading in altcoin exchanges.
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Once a transaction has 6 confirmations, it is extremely unlikely that an attacker without at least 50% of the network's computation power would be able to reverse it.
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Bondho Kompeni
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February 09, 2018, 07:24:10 PM
 #1142

The death of bitcoin is of course caused, if it is replaced by another coin then altcoin still exist, but if the bitcoin die because all countries strictly regulate and agree to banned bitcoin then automatically altcoin also die.


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Jembut Ireng
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February 09, 2018, 07:39:38 PM
 #1143

Can be said that bitcoin is the parent of cryptocurrency, it appears that the effect of bitcoin is very big, when the price drops then the price of all coins or tokens automatically also drops, if bitcoin die then I'm sure altcoin also die.
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February 14, 2018, 03:05:46 PM
 #1144

Bitcoin is a very popular crypto coin today, we know that Bitcoin will be very expensive in the future but I imagine if Bitcoin die, whether there will be hope for the future of altcoin? because most altcoin exchanges are to bitcoins
your opinion is highly appreciated. Smiley

Bitcoin is now quite popular, but I think that if altcoin is promising and many people support it, then it will exist without bitcoin.
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February 14, 2018, 03:13:53 PM
 #1145

Bitcoin is a very popular crypto coin today, we know that Bitcoin will be very expensive in the future but I imagine if Bitcoin die, whether there will be hope for the future of altcoin? because most altcoin exchanges are to bitcoins
your opinion is highly appreciated. Smiley

It might depend on the reason why Bitcoin can die. In case when the death is due to total ban of Bitcoin as done by all governments or regimes then there is a possibility that Bitcoin death can also mean the death of altcoins. Now, if the reason can be other than that or it is within Bitcoin like losing the appeal from the market then there is a possibility that another coin can rise up to take the vacuum of leadership.
Thank you for your answers.
I also think if bitcoin dies because of loss of attraction and consumers. ETH will take over Bitcoin because we know that ETH is the most popular after Bitcoin. how do you think about that?

I also think that if bitcoin dies, ethereum would be the next big altcoin in the market, because ethereum also now is gaining popularity so we dont have to worry that if bitcoin gone, i know there will be a replacement.
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February 14, 2018, 03:16:21 PM
 #1146

It's not if, it's when,

Bitcoin will eventually die if it doesn't evolve, it was the pioneer and we won't forget that but with other coins on the rise with real use cases  the future for crypto looks great, for BTC not so much-

My personal prediction, bitcoin dies, ETH and other useful alt-coins rise in it's place-

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February 14, 2018, 04:12:19 PM
 #1147

It's not if, it's when,

Bitcoin will eventually die if it doesn't evolve, it was the pioneer and we won't forget that but with other coins on the rise with real use cases  the future for crypto looks great, for BTC not so much-

My personal prediction, bitcoin dies, ETH and other useful alt-coins rise in it's place-



In my opinion, if ever bitcoin will die then so other coins.  Simply because bitcoin is the basis of all the crypto currency.  So if bitcoin will die then alt coin will likewise die   Bitcoin is the most popular and trusted digital currency so if it dies many will not believe anymore.
SteinsGate
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February 14, 2018, 04:37:41 PM
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 #1148

I think yes. Just imagine bitcoin and altcoin in a pyramid and  bitcoin is in top while all other altcoins are the ones that make the pyramid. By observing this we can state that if the any part or of the pyramid below gets a problem then it will surely have an effect at the top and vice versa. That is why if bitcoin dies then altcoin dies too. They are connected as a part of a whole, giving a relative value to their connections.

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Piapia
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February 14, 2018, 04:46:10 PM
 #1149


The blockchain will exist in some form, either Bitcoin or another altcoin. It is hard to believe that Bitcoin, Ethereum, and Litecoin will fade to obscurity
RamBahadur.Gurung
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February 14, 2018, 04:59:18 PM
 #1150

Right now there are too many coins floating around, and I don't think that all of them are going to survive in the long-term. I am not even sure about the survival of Bitcoin. If it loses the no.1 position, then it will become gradually obsolete.
Shikaina
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February 14, 2018, 05:19:58 PM
 #1151

Bitcoin started it all. I mean bitcoin was the first cryptocurrency who made it till now and if it is going to dies, it is definitely for a certain reason and along with it other crptocurrecy will surely be affected.
Jembut Ireng
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February 14, 2018, 05:53:33 PM
 #1152

It seems the market knows that this possibility could happen so the market makes ETH the main choice, apparently not, look at ethereum because there are many trades that make ethereum as the primary choice of bitcoin so that ethereum usage keeps increasing.
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February 14, 2018, 06:11:37 PM
 #1153

Bitcoin centers are developing all cryptocurrency. If there is no bitcoin then it will be hard to imagine the other coins.
loengrinm
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February 14, 2018, 06:24:55 PM
 #1154

Bitcoin is a very popular crypto coin today, we know that Bitcoin will be very expensive in the future but I imagine if Bitcoin die, whether there will be hope for the future of altcoin? because most altcoin exchanges are to bitcoins
your opinion is highly appreciated. Smiley

Only those alt coins will survive will have some unique features or benefits over bitcoins. However, in terms of price they will suffer as well. I do not excpet in anything except bitcoins currently.
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February 14, 2018, 06:28:07 PM
 #1155

As we already saw , when bitcoin price fall for 10% then all altcoin fall over 30%. So I mean if bitcoin die then probably all altcoin will die with him. But that's not gonna happen because bitcoin is future and altcoin will try to beat bitcoin but that's not possible.
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February 14, 2018, 06:38:26 PM
 #1156

As we already saw , when bitcoin price fall for 10% then all altcoin fall over 30%. So I mean if bitcoin die then probably all altcoin will die with him. But that's not gonna happen because bitcoin is future and altcoin will try to beat bitcoin but that's not possible.

No, it may see that way atm, but the fate of altcoins isn't necessarily tied to BTC. It only appears that way atm because BTC's prices is kept high due to it being the main coin that is traded against Fiat and paired with altcoins in exchanges -- hence its value becomes an indicator of the whole crypto ecosystem.

But if confidence towards BTC is somehow (but very unlikely) lost, then it may crash and another one of the many top cryptos will take over (perhaps LTC?) -- after a period of market turbulence creating a good time to buy in if all of it crashes for awhile.  And once the dust have settled, then BTC will remain relatively low, while the new KING to the CryptoThrone will be pumped to similar heights -- at least that is what I think.

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February 14, 2018, 06:39:56 PM
 #1157

Bitcoin is a very popular crypto coin today, we know that Bitcoin will be very expensive in the future but I imagine if Bitcoin die, whether there will be hope for the future of altcoin? because most altcoin exchanges are to bitcoins
your opinion is highly appreciated. Smiley


yes there is hope for altcoins.. if bitcoin dies.. but technically speaking they almost based on btc value for trading... so lets say btc dies.. there are some of the factors were btc will going to collapse.. major is holders transfer to some altcoins lets say,, ethereum... so if btc dies eth will be save.. and guess what?? eth will surge its value again.. thats the mechanism of trade..
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February 14, 2018, 06:40:45 PM
 #1158

BTC will still be kept alive so long as it continues to be the main coin that is traded against Fiat, and all other altcoins in exchanges.

However, if another coin exceeds BTC's market cap (very difficult for that to happen atm), then most probably that coin will also be accepted to be traded against Fiat, and could very well become one of the coins that is paired with the rest (like with BTC/ETH, and LTC and even DogeCoin in some small exchanges)

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February 15, 2018, 07:41:29 AM
 #1159

It depends on what made bitcoin disappear. If it is the government that made them disappear, then altcoin would also disappear. Bitcoin is a very expensive but imagine if bitcoin die there will be hope for the future of altcoin because altcoin exchange in bitcoin. Bitcoin and altcoins is connected so if bitcoin dies the altcoins is affected so altcoin dies too.
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February 15, 2018, 07:53:23 AM
 #1160

Bitcoin is a very popular crypto coin today, we know that Bitcoin will be very expensive in the future but I imagine if Bitcoin die, whether there will be hope for the future of altcoin? because most altcoin exchanges are to bitcoins
your opinion is highly appreciated. Smiley
There must be some reason when bitcoin dies, so you better know first why bitcoin can die ...
and I think bitcoin will not die because bitcoin is the world's first digital currency so bitcoin will be the future for all of us. Bitcoin will never die and will survive.

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