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Author Topic: If Bitcoin dies does altcoin die?  (Read 17259 times)
Naoko
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November 29, 2017, 11:26:59 AM
 #781

No, I think that altcoin won't die. There are many altcoins around, and some of them are extremely large. Some of them are not even based on a block network. They have their own algorithm, and therefore I believe that if bitkoin dies, it will be just a day when all the altcoins will grow and become stronger and stronger
djgtr
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November 29, 2017, 11:38:09 AM
 #782

No, I think that altcoin won't die. There are many altcoins around, and some of them are extremely large. Some of them are not even based on a block network. They have their own algorithm, and therefore I believe that if bitkoin dies, it will be just a day when all the altcoins will grow and become stronger and stronger

I dont really agree that altcoin well not die because altcoin is only one of the branches in bitcoin and i believe that if the tree will die the branches will also die and that was really tbe reality even a verry simple way of thinking well also think that altcoin will also die maybe people didnt believe on it because they really want to earn in cryptocurrency.
Loopper
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November 29, 2017, 12:09:47 PM
 #783

No, I think that altcoin won't die. There are many altcoins around, and some of them are extremely large. Some of them are not even based on a block network. They have their own algorithm, and therefore I believe that if bitkoin dies, it will be just a day when all the altcoins will grow and become stronger and stronger


I agree with you because if Bitcoin dies it will open up a wonderful opportunity for alt to grow at a high price beyond Bitcoin Wink
CuriousGeorge
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November 29, 2017, 12:13:57 PM
 #784

No, I think that altcoin won't die. There are many altcoins around, and some of them are extremely large. Some of them are not even based on a block network. They have their own algorithm, and therefore I believe that if bitkoin dies, it will be just a day when all the altcoins will grow and become stronger and stronger

I dont really agree that altcoin well not die because altcoin is only one of the branches in bitcoin and i believe that if the tree will die the branches will also die and that was really tbe reality even a verry simple way of thinking well also think that altcoin will also die maybe people didnt believe on it because they really want to earn in cryptocurrency.
Ethereum and Bitcoin brings different demand, there's people who fanatic to ETH and BTC aswell, that's why each of them have the community and it's what keeping the demands
if bitcoin die, the other alt like ETH will simply taking over the thrones and leading to be the biggest market cap coin, the capitals from btc also will move to ETH.
so the conclusion, if bitcoin just suddenly die, the other alts will not going to die, also there's so many tokens that deployed from ETH smart contract not bitcoin's

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ismadanniel
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December 01, 2017, 02:36:54 AM
 #785

it might be because the main exchanges are alt/btc so if btc price down 50% after gov bann definately people will sell their alt to prevent from drop price
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December 01, 2017, 03:38:00 AM
 #786

Well I don't figure Bitcoin will bite the dust, however regardless of whether it happens that bitcoin pass on, the vast majority of alternate altcoins will be kick the bucket as well. From the current drop in cost of bitcoin likewise influenced the cost of some different coins as well. Which demonstrates that the get by of some altcoins is controlled by bitcoin.
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December 01, 2017, 11:41:28 AM
 #787

Yes, because all altcoins is transferrable to bitcoins and only bitcoins are transferrable to real money
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December 01, 2017, 11:44:34 AM
 #788

no i think. if bitcoin die, other coin will replace bitcoin place and maybe can be number one like bitcoin. if bitcoin die, we need coin that can touch the moon like bitcoin. so they will make it happen.
but, bitcoin can die easily because if it out of stock they will add the supply again. maybe
fempat
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December 01, 2017, 12:02:04 PM
 #789

We can just conclude like that. Some altcoins are different from bitcoin in terms of their use cases. Sure since bitcoin has the largest share of the market capitalization, the cryptocurrency market will suffer so much, but only then will we begin to see the genuine altcoins that are here to stay. The prices of altcoins then would be proportional to their value.
Now, I think altcoins rising prices is due to bitcoin's influence. Once that is removed, the coins will be valued for what they can offer and not just mere speculations.

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December 01, 2017, 12:08:04 PM
 #790

No, I think that altcoin won't die. There are many altcoins around, and some of them are extremely large. Some of them are not even based on a block network. They have their own algorithm, and therefore I believe that if bitkoin dies, it will be just a day when all the altcoins will grow and become stronger and stronger

I dont really agree that altcoin well not die because altcoin is only one of the branches in bitcoin and i believe that if the tree will die the branches will also die and that was really tbe reality even a verry simple way of thinking well also think that altcoin will also die maybe people didnt believe on it because they really want to earn in cryptocurrency.
Ethereum and Bitcoin brings different demand, there's people who fanatic to ETH and BTC aswell, that's why each of them have the community and it's what keeping the demands
if bitcoin die, the other alt like ETH will simply taking over the thrones and leading to be the biggest market cap coin, the capitals from btc also will move to ETH.
so the conclusion, if bitcoin just suddenly die, the other alts will not going to die, also there's so many tokens that deployed from ETH smart contract not bitcoin's
but for my opinion it may always depends on what are the reason of bitcoins die for cause if the reason are may affect the altcoin this is were that if bitcoin die the altcoin may too.
SirLancelot
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December 01, 2017, 12:27:39 PM
 #791

i dont think they will die, but they will suffer a lot. And the task of establishing crypto in the world will be strongly delayed
Well! I don’t think so bitcoin is going to wipe out form the crypto market easily. It is the oldest currency in the market of its type and is called the leader of digital world more precisely crypto market. Bitcoin has yet not bloomed at peak and people are predicting it to be the upcoming international currency. As far as altcoins are concerned, they are totally dependent on bitcoin. With destruction of bitcoin, they will die as well.
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December 01, 2017, 12:36:13 PM
 #792

If ever someone can sabotage Bitcoin core then almost Crypto-Currencies will be affected because Blockchain System isn't secured anymore.

superloy
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December 01, 2017, 12:38:12 PM
 #793

i dont think they will die, but they will suffer a lot. And the task of establishing crypto in the world will be strongly delayed
Well! I don’t think so bitcoin is going to wipe out form the crypto market easily. It is the oldest currency in the market of its type and is called the leader of digital world more precisely crypto market. Bitcoin has yet not bloomed at peak and people are predicting it to be the upcoming international currency. As far as altcoins are concerned, they are totally dependent on bitcoin. With destruction of bitcoin, they will die as well.

But for now, there is no way for Bitcoin to die because the community of developers don't stop looking for possible attacks and penetrations.

Nold
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December 01, 2017, 12:42:47 PM
 #794

Bitcoin gave life to the world of cryptocurrency. BTC essential in this world. If he dies, it will be a difficult period for crypto, but it will not change anything. ETH means a lot to people's lives, so the Ethereum will be live
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December 01, 2017, 12:43:56 PM
 #795

Straight forward answer is yes. Bitcoin is like the heart and blockchain is the brain who computes all the data/transaction. So anyone between the two dies. Everything else will follow.
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December 01, 2017, 12:45:37 PM
 #796

I believe that if Bitcoin sieze to exist that will not mean the end of altcoins. There are really cool projects, which have a huge growth potential.
378budiman
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December 01, 2017, 12:53:13 PM
 #797

You 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.
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December 01, 2017, 12:53:27 PM
 #798

I only think of a limited scenarios in which Altcoins won't die along with Bitcoin and that is when all Bitcoin holders have migrated or shift into the next big cryptocurrency available, but that is of only Bitcoin failed by itself. But if the government have dofferent views otherwise then Bitcoin and other altcoins will die together because Bitcoin is the biggest cryptocurrency in terms of market share, and other are only trading altcoins to earn Bitcoin in the process.
The total eradication of bitcoin will surely affect the existing other altcoin since most of them depend on bitcoin as being the strongest cryptocurrency in the digital market. If the government will ban bitcoin from the market and dies eventually, along with it other altcoin will die, unless bitcoin holder transfer their coins to a much stronger crypto that is allowed to circle in the market by the government.
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December 01, 2017, 01:12:24 PM
 #799

in my opinion, if bitcoin dies then most of altcoin will also die (if the altcoin can only be traded with bitcoin only). maybe people will look for alternatives to search for altcoin trading center referrals, may be able to move using ETH, WAVES, or maybe with USD. There will be alternatives, but I'm not sure if this will last long.
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December 01, 2017, 01:38:25 PM
 #800

If bitcon die, i think it will not make altcoin die also. If bitcoin will die all bitcoin users will switch to altcoin, because there many promising altcoin that has potentials. But still i don't think bitcoin will die so just stay calm and enjoy bitcoin.

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