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Author Topic: If Bitcoin dies does altcoin die?  (Read 17261 times)
iluvpie60
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October 04, 2017, 05:54:58 PM
 #381

No altcoins will not "die" as in go down to 0 or only being worth 1 satoshi.

The worst thing would be that bitcoin dies off somehow and another coin takes the place of it. That is very doubtful it will happen in the next few years, but lets remember Myspace vs Facebook and Yahoo vs Google. First to market doesn't mean much in the long run.
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October 04, 2017, 05:57:58 PM
 #382

I think that it will just be replaced by some altcoins. But the short-term drop of all coins is inevitable in such a case.
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October 04, 2017, 06:00:41 PM
 #383

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

No if there was no more Bitcoin, some other cryptocurrency would become the base of trades. Blockchains are technologies that will change the world in many ways, and no matter what coin fails, even if it's Bitcoin, blockchains are here to stay and will change the world anyway.

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October 05, 2017, 09:21:49 PM
 #384

Even knowing all altcoins are traded against bitcoin, some of them would die, but i doubt all of them would die, bitcoin were the first coin but there are already a lot coins offering real things as energy, real business opportunities, soo i dont see bitcoin die as a end to the altcoins, the same way maybe one day bitcoin will be replaced by other altcoin.
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October 05, 2017, 09:30:24 PM
 #385

I think if Bitcoin were to die in the next few years then yes it would be the end of cryptocurrencies all together as it is still the major player and for those without any knowledge the only real one they are aware of. I think if given time to establish themselves, the other coins could survive beyond bitcoin. However this is all hypothetically speaking as I do not see bitcoin dying.

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October 05, 2017, 09:49:21 PM
 #386

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

First of all I don't know what is Altcoin so I don't know that when Bitcoin dies will Altcoin will die too? But I think that when Bitcoin will die what will happened to us that are using Bitcoin, because Bitcoin helps us to help our family in financial problem.
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October 05, 2017, 09:49:59 PM
 #387

I don't think so, but it's hard to imagine how it plays out for me. It could temporarily cool down things, but this might give way to an even faster growing coin. Or not.
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October 05, 2017, 09:59:51 PM
 #388

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

For Bitcoin to die something terrible must happen.  Whatever this thing is it will defiantly ecffect alternative currencies.  I hope this does not happen.
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October 05, 2017, 10:07:56 PM
 #389

If bitcoin dies the altcoins certainly wont die, there will be a replacement of bitcoin, preferable or replacement of bitcoin would be Ethereum, XMR, or PIVX.
Bitcoin brought the blockchain on a high level and made the way open for other coins, if bitcoin for any reason dies it will always have a replacement.

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October 05, 2017, 10:33:26 PM
 #390

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

No if there was no more Bitcoin, some other cryptocurrency would become the base of trades. Blockchains are technologies that will change the world in many ways, and no matter what coin fails, even if it's Bitcoin, blockchains are here to stay and will change the world anyway.

Bitcoin will not disappear nor die. In my opinion, bitcoin will still last 100 years from now. Bitcoin will grow and more recognizable to the world even further in the future. If bitcoin still exist in crypto, there is a possibility that altcoin will last too long.













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October 05, 2017, 10:45:34 PM
 #391

If bitcoin dies the altcoins certainly wont die, there will be a replacement of bitcoin, preferable or replacement of bitcoin would be Ethereum, XMR, or PIVX.
Bitcoin brought the blockchain on a high level and made the way open for other coins, if bitcoin for any reason dies it will always have a replacement.

Hard to predict it. When BTC price falls all other AltCoin's prices fall too. What means AltCoins follow Bitcoin up or down... I think if Bitcoin dies the other AltCoins will die too, until a new one is created bringing trust and legitimacy again to Crypto-Currency world.

Anyway it wouldn't be an easy task, as investors would think twice before investing on something that failed before. But it's just an hypothetical situation, I doubt it could really happen.

 
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October 05, 2017, 11:51:19 PM
 #392

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 dies i think other coins will take it's place when btc crashed most of it's investors will gonna invest in different coins, but it depends on why btc crashed. Like when there was yahoo then google takes it's place. BTC is the first decentralized crypto so it will leave such legacy. But always remember that no one can tell what's exactly gonna happens next so let's just be ready and prepared.

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October 05, 2017, 11:53:57 PM
 #393

There will be a massive death of alt coins but not all of them will die. Some are not bitcoin dependent and they can build up their own community and market, this will be the start of the alt coin wars. But I doubt it that bitcoin will die because it's foundation has been there and there's no way that it will be out of the scene and for sure many will not let bitcoin dead because of the big money they've invested with it.

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October 05, 2017, 11:57:24 PM
 #394

I doubt that Altcoins would die, however, there is a positive correlation between Bitcoin's and Altcoin's price. That means, when Bitcoin's price falls, most coins fall too, at a specific degree at least. Probably, if it ever happens, there will be a short term crash of all Altcoins till a major one takes the lead, after a long time period.

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October 06, 2017, 01:08:39 PM
 #395

I think that it will just be replaced by some altcoins. But the short-term drop of all coins is inevitable in such a case.
That pretty much will be the closest thing to happen. I mean Bitcoin will not die, because its existence is not even tangible so we don't even know where its root at. What I'm trying to say is, it exist in a very different way - digitally that is.

So that is true, it will just gonna be replaced by one of the altcoins (Ethereum is the closest one). Since all the cryptos are volatile value-wise, the price really will not drop the way as few people thought it will.

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October 10, 2017, 11:41:26 AM
 #396

I think that it will just be replaced by some altcoins. But the short-term drop of all coins is inevitable in such a case.
That pretty much will be the closest thing to happen. I mean Bitcoin will not die, because its existence is not even tangible so we don't even know where its root at. What I'm trying to say is, it exist in a very different way - digitally that is.

So that is true, it will just gonna be replaced by one of the altcoins (Ethereum is the closest one). Since all the cryptos are volatile value-wise, the price really will not drop the way as few people thought it will.
Dying of bitcoin means no internet and no human on this planet and this Is not going to happen. And unfortunately if this happen the whole crypto will collapse because bitcoin is backbone of digital currency market and ending bitcoin mean death of crypto and his will not happen because it is strong and valuable coin of this century it cannot die easily.
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October 10, 2017, 04:37:19 PM
 #397

Yes BItcoin is mother of all crypto what goes down the rest will follow. especially month of July and August it's a bearish market people getting more emotional when price are dip. i have strategy on how to buy and sell when it needed i set stop loss so i won't feel any pain at all
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October 10, 2017, 05:20:40 PM
 #398

I don't think altcoins will die if bitcoin did die except if all cryptocurrencies will be banned. If bitcoin will cease to exist it will surely have some negative effect on other altcoins but surely another altcoin will take its place. Bitcoin is not altcoin and the altcoins are not bitcoin.

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October 10, 2017, 05:37:35 PM
 #399

Its true that Bitcoin and Altcoins are both cryptocurrency, but that doesn't mean that they're both depending on each. They both have same concept and all, but they have different ways on how their value will change. It might affect other coin but not directly proportional.
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October 10, 2017, 05:39:25 PM
 #400

I think that it will just be replaced by some altcoins. But the short-term drop of all coins is inevitable in such a case.
That pretty much will be the closest thing to happen. I mean Bitcoin will not die, because its existence is not even tangible so we don't even know where its root at. What I'm trying to say is, it exist in a very different way - digitally that is.

So that is true, it will just gonna be replaced by one of the altcoins (Ethereum is the closest one). Since all the cryptos are volatile value-wise, the price really will not drop the way as few people thought it will.
Dying of bitcoin means no internet and no human on this planet and this Is not going to happen. And unfortunately if this happen the whole crypto will collapse because bitcoin is backbone of digital currency market and ending bitcoin mean death of crypto and his will not happen because it is strong and valuable coin of this century it cannot die easily.

Without bitcoin, the other alt coins can do nothing obviously. Most of them are in the exchanges in bitcoin markets not dollar ones, so when bitcoin dies, their price will divert to zero dollars simply.
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