|
neite99
|
 |
December 21, 2017, 09:06:18 PM |
|
Probably if btc dies the other alts will die because every other altcoin is depended on Btc and Btc act as a reserve currency, so if gold dies also fiat currencies die.
|
|
|
|
|
|
|
|
|
|
The block chain is the main innovation of Bitcoin. It is the
first distributed timestamping system.
|
|
|
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
|
|
|
|
|
|
|
luka red
Member
 Offline
Activity: 195
Merit: 10
|
|
December 22, 2017, 04:12:47 PM |
|
it might depend on why bitcoin dies?if all the central bank ban all the altcoin then the chapter will be closed but if bitcoin lose its appeal for other reason then it will not make altcoin die.
like Zimbabwean dollar,if you take a bag full of dollar you can buy a apple. so people now use usd for transaction.
if the same thing happen to bitcoin investor will substitute it by others.
|
|
|
|
|
btcprospecter
Sr. Member
Offline
Activity: 504
Merit: 251
★777Coin.com★ Fun BTC Casino!
|
|
December 22, 2017, 04:17:45 PM |
|
It all depends on what actually happens to bitcoin. We can see even today bitcoin takes a fall of close to 30% nearly every other coins follow they are all very much intertwined with each other.
|
|
|
|
|
Mr.John19
|
|
December 22, 2017, 04:18:02 PM |
|
When the king of crypto dies there would be a successor, but it will depends on how it dies. if bitcoin dies due to limitation like maximum number of bitcoins that could be created, eventually some crypto with unlimited supply could be the new leader. But if the crypto king dies due to the technology itself and the community and government denies to utilize and accept it all of the crypto will one by one fall apart...
|
|
|
|
|
Doctor.Strange
Sr. Member
Offline
Activity: 728
Merit: 250
Go Big or Go Home
|
|
December 22, 2017, 04:22:35 PM |
|
Bitcoin is like Hydra, cut off one head, two shall takes its place
If Bitcoin dies, another currency will rise, most probably Ethereum or EOS
|
|
|
|
|
e_rein
Jr. Member
Offline
Activity: 51
Merit: 10
|
|
December 22, 2017, 04:36:48 PM |
|
as far as my knowledge goes, most of altcoins are not built using btc at its foundation. Hence, it is kind of independent towards how btc turns in the future. On the other hand, not all the altcoins are turned to btc, maybe most of it but not all, so there are still some left which are exchanged to other form of altcoins.
|
A N K O R U S : Blockchain Asset-Backed Tokens
BE PART OF THE ICO : REGISTER NOW! (http://ankorus.org) |
|
|
|
cryptolerant
|
|
December 22, 2017, 04:43:40 PM |
|
as far as my knowledge goes, most of altcoins are not built using btc at its foundation. Hence, it is kind of independent towards how btc turns in the future. On the other hand, not all the altcoins are turned to btc, maybe most of it but not all, so there are still some left which are exchanged to other form of altcoins.
It has nothing to do with how they are built. Bitcoin is the mother and if mother is sick then all the children are sad. As you can see today's market, just because btc dropped, all the others followed. |
|
|
|
|
haster100
Member
Offline
Activity: 154
Merit: 10
|
|
December 24, 2017, 05:17:30 PM |
|
Maybe it would not kill the altcons, but the idea of having a decentralized currency would lose power, and that would be enough to make most cryptothermies lose more than half their value
|
|
|
|
|
|
beej
|
|
December 24, 2017, 05:54:11 PM
Last edit: December 24, 2017, 06:07:27 PM by beej |
|
I don't think bitcoin and altcoins would have a dying phase, a decline
stage would likely be the proper condition. But supposedly if bitcoin
does decline and is deemed unusable or dead as a proposed scenario
on the topic, It would only render a successor and trigger new upcoming
altcoins to take the limelight and have it's chance to flourish, circulate
and be implemented.
The situation only invites opportunities and competitive potential solutions
on the field. Bitcoin wouldn't back down without a fight and so does
altcoins, this competitive cycle is the spark that ingnites the essence
of the crytpocurrency phenomenon.
|
|
|
|
|
Trela
Legendary
Offline
Activity: 1106
Merit: 1001
The Decentralized TCP/IP Internet Protocol
|
|
December 24, 2017, 10:17:52 PM |
|
as far as my knowledge goes, most of altcoins are not built using btc at its foundation. Hence, it is kind of independent towards how btc turns in the future. On the other hand, not all the altcoins are turned to btc, maybe most of it but not all, so there are still some left which are exchanged to other form of altcoins.
It has nothing to do with how they are built. Bitcoin is the mother and if mother is sick then all the children are sad. As you can see today's market, just because btc dropped, all the others followed. No, the cryptocurrency do not keep this trend for long time, it depends on the cycle and the demand of trader. Ethereum, Monero, Ripple or other altcoin can still keep high price in the Bitcoin rates. Although the value in USD rates decreased some percents, but in Bitcoin rates still higher than last week. |
|
|
|
jorse
Member
Offline
Activity: 151
Merit: 10
|
|
December 24, 2017, 10:23:40 PM |
|
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 .... the world will be affected, especially in the value of the economic aspect |
|
|
|
|
|
ClownSpider
|
|
December 31, 2017, 09:57:04 AM |
|
Alt Coins cannot exist without bitcoin.
Alt coins move when Bitcoins move.
ONLY Bitcoin is accepted in 400,000 stores in Japan.
ONLY Bitcoin is accepted in retail stores in the USA, coffee shops, godaddy.com Overstock.com, namecheap.com, etc.
ONLY Bitcoin is accepted at car dealerships in the USA. I know of 4 that I found so far.
ONLY Bitcoin is accepted for new ICO, Initial Coin Offerings, when another crypto is attempting to start up.
ONLY Bitcoin has banks, credit cards, Visa, Master, and ATMs for Cash.
ONLY Bitcoin is on the Futures market, and soon Options market. (real options markets that deal with real stock options, not that fake scam sports betting type sites)
Yes I own a BitPay card that accepts BTC, and works as a VISA and at ANY ATM machine for cash.
ONLY Bitcoin is setup to work at credit card machines for stores to accept BTC.
No alt coin is accepted at any retail stores yet.
Only ETH is accepted by some online retailers (Non reputable ones)
Alt coins have NO value without Bitcoin, because alt coins can ONLY be used to trade for: BITCOIN and other cryptos.
Alt Coins have no other use other than converting to other cryptos.
No other Crypto is worth anything until you trade it for BTC or Fiat currency.
ONLY Bitcoin is accepted in commerce.
That means ONLY Bitcoin is accepted in stores, and legitimate online retailers.
Alt coins will never catch up to the wide spread acceptance of Bitcoin.
|
|
|
|
|
|
Copulative
|
|
January 02, 2018, 01:05:03 AM |
|
I don't believe altcoins will die if Bitcoin is dead. Blockchain technology has begun to work in every field. Bitcoin is a monetary value, technology doesn't die when Bitcoin dies. I think, altcoins will continue to live.
Never bitcoin will die not all altcoins die because the users of bitcoin and some altcoins are going increasing with high speed and as the users are present in market of all these coins then these coins will also be present and when users of these coin disappear then there will be the possibility of dying all these coins. |
|
|
|
|
|
loof99
|
|
January 02, 2018, 08:45:14 AM |
|
In my own understanding between these virtual currencies. All of them has a unique and different juridical personally so in other words all of them are independent to each other.
The disappearance of one virtual coin will not after the other coin and still they can perform in the market.
|
|
|
|
|
Sallysakky
Member
Offline
Activity: 119
Merit: 14
Kawa
|
|
January 02, 2018, 08:53:42 AM |
|
No possibility for cryptocurrencies to die! It's only beginning. Each coin which is real project is unique and has its specific objectives.
Of course if Bitcoin dies, that I think is impossible now, it will be a huge stress and enormous market decrease, but anyway cryptocurrencies will perform in the market.
|
|
|
|
akishang
Member
Offline
Activity: 434
Merit: 18
WPP ENERGY - BACKED ASSET GREEN ENERGY TOKEN
|
|
January 06, 2018, 10:53:59 AM
Last edit: January 08, 2018, 03:19:09 AM by akishang |
|
Bitcoin being banned in every country is the only reason why it will die. This is impossible to happen especially in the upcoming years. If bitcoin will be gone, altcoins will follow as well. It defeats the purpose of banning bitcoin if altcoin will still exist. But who knows, if altcoin still exist, maybe others will find a way to turn it into cash. The only reason why I'm using altcoin is to convert it to bitcoin then convert it to cash. I don't other way. If there is, then all good even if bitcoin falls. It's kinda sad though, first thing in, first thing out.
|
﹏﹏﹋﹌﹌ WPP ENERGY ﹌﹌﹋﹏﹏ ☆═══━┈┈┈┈┈┈┈┈┈┈┈┈┈┈┈━═══☆ ≈ WORLD POWER PRODUCTION ≈ █ █ █ |
|
|
|
datodota002
|
|
January 06, 2018, 12:54:28 PM |
|
it think one scenario when the bitcoin dead is all goverment on the world banned bitcoin not stopping the network and make bitcoin holder cash their bitcoin and start to consume altcoin and will make another altcoin more growth.
|
|
|
|
|
Ma Nancy
Member
Offline
Activity: 105
Merit: 10
|
|
January 06, 2018, 01:06:04 PM |
|
If bitcoin dies other altcoin does not. The other altcoin are created to replace the bitcoin so why would it die?
|
|
|
|
|
|
emezh10
|
|
January 06, 2018, 01:09:18 PM |
|
First of all, if we are going to look at the past and history of bitcoin we could actually see the development and set form system on the market. So having an idea taht bitcoin would fall or die is quite impossible to happen along to the increased of the support of people with bitcoin. But when it comes the time bitcoin price or value fall to the point it would die it may affect the price of all cryptocurrency because bitcoin is a form of universal currency for alternative crypto's.
|
|
|
|
|
|
PeRo
|
|
January 06, 2018, 01:19:21 PM |
|
I think they will die if Bitcoin dies. I have also noticed that all of the altcoins follow Bitcoins price. When Bitcoin falls, the altcoin falls, and the other way round. Maybe they wont die if everyone just move to a certain cryptocurrency and make it Bitcoin #2 and continue the same system. I doubt it would ever happen, though.
|
|
|
|
|
