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Author Topic: If Bitcoin dies does altcoin die?  (Read 17299 times)
Johj
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September 15, 2017, 07:22:04 PM
 #261

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.

Yeah, 100% agree with this. A full bitcoin ban would be a cryptocurrency ban in my eyes. A loss of BTC appeal would not be a loss of cryptocurrency appeal.
bohr
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September 17, 2017, 01:39:19 AM
 #262

I do not think so, bitcoin users will divert to a better altcoin. we all know that many of the weaknesses of bitcoin are found after 9 years, other issues such as segwit are also things that make users confused.
It is not as easy, if bitcoin disappeared the amount of instability that will hit the markets will be enormous, something like we have never seen, think about this, people panicked with the crash a few days ago, what do you think it is going to happen if bitcoin really died? The crash will kill most altcoins too since everyone will want to withdraw to fiat almost immediately and no one will want to be left with a bag of coins.
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September 17, 2017, 02:10:53 AM
 #263

Their is no end to Bitcoin and it will run for longlife because of its usability in nature. For the altcoins it might die when Bitcoin dies because of Bitcoin Popularity. These all coins came after Bitcoin so they won't alive if Bitcoin is totally banned in every country.

Bitcoin has a large history so we see it will be more in future as people are increasing to use daily. People here making panics after China Announcements, but nothing will be done to Bitcoin.

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Decalcomania
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September 17, 2017, 02:39:43 AM
 #264

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
I think if bitcoin die is nothing happen but if the bitcoin truly die i think the altcoins die too but i know that bitcoin is a strong cryptocurrency and i know that sometimes the bitcoin value going decrease but i know that bitcoin is going increase again.

Mazda17
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September 17, 2017, 03:00:39 AM
 #265

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
to my knowledge, if bitcoin will die then altcoin will also automatically die because if seen from the sequence of some coin coin available, altcoin is under bitcoin and also bitcoin is the parent of altcoin.
We should be as bitcoin users should keep as hard as possible so that bitcoin does not die and also can develop our day to day life such as giving the need that feels less complete.
leisha
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September 17, 2017, 03:36:41 AM
 #266

I think it does because almost of the altcoins depend on bitcoin. Also, bitcoin is the origin of all altcoins so if the origin dies so does the followers.

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cpfreeplz
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September 17, 2017, 03:38:52 AM
 #267

If bitcoins somehow go to 0, 90% of the market will go to 0. That's how everything works in cropland except a very select few coins and / or the coins that are currently being pumped and manipulated.
iamaruf
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September 17, 2017, 03:40:48 AM
 #268

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
If bitcoin die cryptocurrency will be destroyed.But need reasons why bitcoin die.if all country reject bitcoin then bitcoin will die.Bitcoin is popular all over the world.That's why bitcoin will not Die.

ruskytailz02
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September 17, 2017, 03:45:15 AM
 #269

if bitcoin dies i think other crypstos will not because it is like a copy of bitcoin which we can trade and exchange or buy

and I also think that BTC will not die because they can change the protocol if that will happen
daadi059
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September 17, 2017, 03:48:17 AM
 #270

Altcoins are not really dead, but it will lose some of its power and it may not be good enough to invest in different altcoins because I think altcoins depend on the value of bitcoin. Without bitcoin how would you convert and get your salaries in the form of altcoins? You need a swap to officially accept your paycheck and then you can do whatever you want with it.
to378972
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September 17, 2017, 04:13:56 AM
 #271

Bitcoin is a very common cryptic secret now, we know that Bitcoin will be very expensive in the future but I imagine if Bitcoin dies, is there hope for the future of altcoin? because most of the altcoin deals are to bitcoins
gesdan
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September 17, 2017, 05:33:46 AM
 #272

what did you mean about "die"? if the reason of bitcoin die because of popularity and make some rate of bitcoin drop i think the altcoin will not die, because altcoin is different from bitcoin, they walk in different parh, but maybe just decrease the price of bitcoin.
but if the bitcoin die biecause of all government in the world banned bitcoin and make bitcoin illegal, i think altcoin and bitcoin will die after that news come out

FDC1412
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September 17, 2017, 05:38:46 AM
 #273

Bitcoin and altcoin is very different and independent. Until now there is still an unfixed currency exchange for altcoin. Its unfair to say that one will shut down if the other goes down also. Altcoin by now is trying to be a counterpart of bitcoin there is so many ways for altcoin to be active.

unbotak
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September 17, 2017, 05:45:25 AM
 #274

Bitcoin and altcoin is very different and independent. Until now there is still an unfixed currency exchange for altcoin. Its unfair to say that one will shut down if the other goes down also. Altcoin by now is trying to be a counterpart of bitcoin there is so many ways for altcoin to be active.

altcoin will stand alone, ethereum and some altcoin can be exchanged with fiat, but if the bitcoin connotation die is because the price is destroyed then altcoin will also follow it and have to fight back from the bottom. many people think altcoin is a bitcoin follower but that is not at all true because altcoin is created from different crypto algorithms.
haroldtee
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September 17, 2017, 05:51:08 AM
 #275

I'm not really sure for what will happen, but i think no I guess that's the chance for another coin to pursue the bitcoin success that ever happened, but it also depends the reason why bitcoin die.

For real! No one is really sure. The death of any currency is dependent on the users, its general acceptance, and the demand for usage. If everyone decides to want to shift to probably ethereal today, well apparently, ethereum steps up! However, I am not sure such scenario may happen. But come to think of it, looking at the effect bitcoin has with dragging all cryptos with it whenever a huge downtrend or negative mews occur for bitcoin, sometimes it makes it hard to know what Could happen if bitcoin dies. Well, with all that being said, I totally believe bitcoin is here to stay.
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September 21, 2017, 05:09:47 AM
 #276

I do not think Bitcoin will easily or lose its value in an instant, there will be a decrease in demand and an excess of supply due to many factors and then altcoins will try to seize the peak and the flow of money will flow into various altcoins that will determine who will lead the market, so altcoin won’t die even if one day bitcoin will dimmed or die.

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pushups44
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September 21, 2017, 05:14:06 AM
 #277

In the short run the death of bitcoin, which is a highly unlikely scenario, would diminish the confidence in altcoins. People would argue that if bitcoin failed any future coin can end up in the same fate. More than likely, bitcoin and other coins will simply be upgraded to continue their usability.
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September 21, 2017, 05:23:06 AM
 #278

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
Currently bitcoin is a benchmark of many altcoin prices in various exchanges. if the bitcoin is dead then I'm sure some altcoin can still survive. we know that bitcoin like USD dollar today, if USD dollar die then surely there will be economic chaos in world. but that will not make other currencies like the yen and rupees dead. other world currencies will remain but with a high inflation reduction. this is normal because the stronger the economy will be the greater the pressure. it may be eth into one of the digital currencies that have the power and the large market share. but honestly I'm not sure if bitcoin can die, because bitcoin has enormous power and affects the development of digital currency as a whole.
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September 21, 2017, 05:30:32 AM
 #279

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

True, without bitcoin all alt coins may not be functional because they were created after bitcoin and without bitcoin they cannot exchange all their coins into valuable money since bitcoin is already gone, just think about it, it may dissolve all alt coins that sprout here, is there any possible reason to kill bitcoin?

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September 22, 2017, 06:54:30 AM
 #280

i don't think so bitcoin can't die because this is main power of digital cryptocurrrency market. If bitcoin dies all altcoins will be affected and their market value will crashed all the way to the bottom but the coins would still work because they exist to represent a technology.
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