kiver
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November 09, 2017, 06:53:30 AM |
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i always think that if something wrong happens with bitcoin will be because another coin with an innovative technology will rise up for the task i hate to see the over thinking about bitcoin dies altcoin dies ... and we are talking about replacing fiat money with the crypto currencies which i hope will be happening in the near future
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dreamer81
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November 09, 2017, 06:54:17 AM |
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No. They have nothing to do with each other. Bitcoin is just the first "altcoin" there was. Also note that all coins can co-exist without each other.
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Loopper
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November 09, 2017, 07:01:50 AM |
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No. They have nothing to do with each other. Bitcoin is just the first "altcoin" there was. Also note that all coins can co-exist without each other.
Agree, Bitcoin is just the first coin of the other Altcoin so it has nothing to do with the death of Bitcoin with another Altcoin
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adadaorlina
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November 09, 2017, 07:13:47 AM |
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Depending on the situation, if the bitcoin is lost due to deficit it may be there is an altcoin to replaced it, but if is lost due to legality it might also affected the altcoin.
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Arvilaine
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November 09, 2017, 07:51:09 AM |
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If bitcoin dies which is quite impossible for now, altcoins won't die. Some altcoins will progress further unless some sort of policies from the government give them restrictions. Anyway, as for me, bitcoin won't die. It is already the father of altcoins.
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Fatanut
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November 09, 2017, 07:54:00 AM |
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Hmm, I don't think so. Even if bitcoin is the base currency of the crypto world, other cryptocurrencies are not necessary depending on it. Unlike in the case of the coins under ETH contract, if the Ethereum platform goes down then are going to go down as well.
That's the beauty of cryptocurrencies. They are not under another coin (except for the ones that are under ETH/Waves) and they don't depend on each other. If one coin dies, other coins are not affected at all except if they have some connection. But if Bitcoin dies, that doesn't necessarily takes down other coins.
There are different reasons as to why bitcoin might die. First, bitcoin might die because altcoins are becoming really good and they started to take over. Second, bitcoin might die just because it destroyed itself. Another, bitcoin might die because a new technology is taking over the internet. That means that cryptocurrencies as a whole are dying and so both bitcoins and altcoins are going to die.
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sangwookie
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November 09, 2017, 07:59:18 AM |
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If bitcoin dies which is quite impossible for now, altcoins won't die. Some altcoins will progress further unless some sort of policies from the government give them restrictions. Anyway, as for me, bitcoin won't die. It is already the father of altcoins.
Yeah, I agree. Bitcoin rose to 7800 but then sank and is holding at 7300 but litecoin, dash and etherum are having a bit of a renaissance. Pretty interesting stuff. If you want to play around with it, I would get the exodus wallet and use shapeshifter to get in on some of the currencies. I like to wait to see where the high and low is try to aim for a 30% level of the high before buying. If it goes up a lot then I convert it back to bitcoin. Dan
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mriansa
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November 09, 2017, 08:22:14 AM |
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There is a possibility to happen since we can say bitcoin takes up the largest part on cryptocurrency. Bitcoin seems a foundation of a house and altcoins are the other parts, if the foundation of a house fall down then the other parts will also fall.
But there is another possibility might happen if bitcoin died, this is the uprising of a new altcoin that will replace btc. Due to btc's death, everyone will jump into other cryptocurrency and start all over again and I guess the coin who will take the lead is Eth since it is in the second spot right now.
it seems that if bitcoin is destroyed altcoin will be competing to be a good digital currency, because bitcoin is a good digital currency and altcoin follow the path of bitcoin, possibly that will happen in altcoin like that.
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adrianto1995
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November 09, 2017, 08:29:55 AM |
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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. i think no, if bitcoin die altcoins will replace this popularity like Etherum, Dash, Litecoin, Monero, etc. Bitcoin just 1st altcoin ever made... and i think maybe all altcoins price will PUMP...
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wagi
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November 09, 2017, 08:40:52 AM Last edit: November 09, 2017, 09:12:20 AM by wagi |
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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. I think altcoin have big relation with altcoin since we know bitcoin is mother of altcoin. But if bitcoin die, we can still work with usd or euro or maybe other coin like etherium that we can use as conversion.
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rickyleatham
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November 09, 2017, 08:52:49 AM |
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Bitcoin can hardly die now because its support communities is very many, more investors still use bitcoin as their main income, so if bitcoin die, the commnunities will have to change their invesments into altcoins, however i think the shock after bitcoin die will very huge altcoins will drop too that will take a very long time for altcoins to rise again.
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TTITA
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November 09, 2017, 09:03:00 AM |
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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. It will not affect each other. Although bitcoin is the first crypto that existed before other altcoins appeared, but some other altcoins like Etherum, Ripple, Litecoin, etc. are some altcoins that already have popular name and trust for investment, in addition they also have a community that supports the development of them coins .
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Qiuyue201
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November 09, 2017, 09:19:05 AM |
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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. It will not affect each other. Although bitcoin is the first crypto that existed before other altcoins appeared, but some other altcoins like Etherum, Ripple, Litecoin, etc. are some altcoins that already have popular name and trust for investment, in addition they also have a community that supports the development of them coins . Quite agree though, all those altcoins always trying to overtake bitcoin position so if bitcoin just gone, the #1 will be replaced not that the entire cryptocurrencies will be gone just because 1 coin died. After that, the cryptocurrencies world will evolve and making the new #1 coin as a base for conversion.
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supandi wiharja
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November 09, 2017, 09:33:52 AM |
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In my opinion, bitcoin will never die, when the bitcoin circulation in the world runs out, bitcoin prices will get higher and more people are looking for it. For an unattractive altcoin, and the price drops, then its existence will either die or automatically disappear. Then if the bitcoin dies, altcoin is not necessarily dead, because i think the existence of crypto or altcoin that has been widely circulated, its future is determined by the number of users and enthusiasts.
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potatocorner
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November 09, 2017, 09:39:15 AM |
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I think most of altcoins will die if Bitcoin will die because this is the basis and foundation of altcoins. If we have altcoins we convert it to bitcoin because we can store and save it. On the other hand, some of altcoins can stand alone because they are big enough and successful enough, but not powerful as bitcoin is now. But withput bitcoin, those other altcoins will not be significant as before.
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Restmand
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November 09, 2017, 09:45:37 AM |
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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. i don't know if the bitcoin has a possibility of dying(maybe its too early to die now the bitcoin because now is the bitcoin generation) but if that happen, if the bitcoin die i don't know really what happen to the alternative coins maybe i think it just live but the appearance of it just like a dead i mean its ignore by the people but the alternative coins is still alive because we know that before bitcoin made other alternative coins was made and i think if the bitcoin dies it will continue to live but only few user can use alternative coins
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Dastramus18
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November 09, 2017, 09:49:53 AM |
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The ones who use bitcoin blockchain technology will die yes and the one that use other like ethereum or waves will not die but still bitcoin cannot die that easily if you can think that oit is not something from a normal stockmarket.
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Kurokonobasuke
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November 09, 2017, 09:50:59 AM |
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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. The question is why? why altcoin would also die if ever Bitcoin will die? It will obviously be in favor to altcoin if ever this thing will happen since their competition will be iut of their eay and the demand that Bitcoin is getting from the market will be moved to altcoins. So I don't see that altcoin will die if ever Bitcoin would be dead.
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Bionicgalaxy
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November 09, 2017, 10:35:22 AM |
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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. In my own opinion, if bitcoin dies altcoin will die too because both of them has a connection to each other. But it still depends in a situation like what if bitcoin dumps in the market and altcoin pumps up, altcoin surely would not die because bitcoin do not have anymore value if that happens.
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skylark001
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November 09, 2017, 03:03:14 PM |
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Although in the current scenario, Bitcoin death is out of the question. Still, as Bitcoin lives in a volatile market, it may happen.
God forbid, If this happens then Altcoin status will depend on the circumstances in which Bitcoin will die as both are crypto currencies. If Bitcoin will die in a scenario of market crash, then Altcoin values will definitely go downwards, but the pace of the downfall will again depend on Altcoin position at that time.
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