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Author Topic: If Bitcoin dies does altcoin die?  (Read 17259 times)
SHAWN-MIDWAYS
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January 11, 2018, 04:34:59 PM
 #961

We have witnessed several altcoins die along the way and Bitcoin has remained strong and alive.... and If Bitcoin was to die today I see no reason why altcoins should follow this path because afaik they are all independent of each other.
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January 11, 2018, 04:38:50 PM
 #962

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

The death of Bitcoin will only leave room for the Altcoins to rise. If the king fall, there will be another one to take his place, at least that's how I see things.
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January 11, 2018, 04:43:28 PM
 #963

If Bitcoin dies, it will definitely affect alt coins to an extend. But alt coins will definitely not die, as firstly they are not built on bitcoin and secondly good alt coins solves problems thus when people use it there is value.

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January 11, 2018, 04:44:25 PM
 #964

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.

I strongly agree on your opinion that, 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. Adding also my opinion that, I dont think and I dont know if bitcoin will die in the future, but I think its not. because bitcoin is money, money is all we need, and we use money in everything we do in life. so without bitcoin how are we supposed to do transactions online? aside from credit cards. In addition, there are enough alts trying to do completely different things. Many shouldn't be considered currencies or stores of value at all despite having a price tag attached to them.

That is true. If we are talking about probabilities, it is very limited. Despite there is direct correlation between bitcoin and alt coins, there are many alt coins that are serving for people's good. even if some of them will be still remain alive, those will be the service companies imo.

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January 11, 2018, 04:48:43 PM
 #965

Altcoin will not affect and bitcoin will never die
Wayan_Pedjeng
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January 11, 2018, 04:57:03 PM
 #966

Altcoins don't have an independent existence without Bitcoins. Therefore I don't think that most of the altcoins will be able to survive without Bitcoins. A few such as Ethereum and Ripple may survive.
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January 11, 2018, 05:09:23 PM
 #967

I never thought that bitcoin would die, because I do not know when bitcoin will die. bitcoin will not die because some are still using bitcoin as their income. nothing will stop bitcoin, even though the government will turn off bitcoin, it will not be done by the government. now that bitcoin has received many in the world so there is such thing as bitcoin die, altcoin die? so you all do not worry about bitcoin?
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January 11, 2018, 05:36:52 PM
 #968

The bitcoin will never die and neither will the altcoins, since carrying from altcoins to bitcoin does not guarantee that the currency devalues, taking into account that what inflates the value of the altcoins is the purchase and sale; there are people who will always want to stay, but obviously wanting to earn a small percentage, that's why they start selling, and they take it to the bitcoin currency that is the most popular. Once they do, they sell them and, because of that, sometimes their value decreases, however people will continue to invest in altcoins because they are the ones with the most movement, ideal for trade. On the other hand, bitcoins are a bit more stable compared to the altcoins
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January 11, 2018, 05:38:38 PM
 #969

No the alt coin will not die if the bitcoin die because the altcoin and the bitcoin is totally different because altcoin are nothing but a different companies shares bitcoin is only used to exchange the coins or convert the coins to the real currency
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January 11, 2018, 05:47:11 PM
 #970

The death of bitcoin is what no crypospace player could pray for because it is the engine of the crypto community and the oil that fuels the economy. I believe that the survival of most if not all Altcoins depends on the survival of bitcoin. It's only very few Altcoins could survive if the worst in anyway happens.
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January 11, 2018, 05:49:47 PM
 #971

Bitcoin is not going to die, he just beginning to live, every day more and more new fans join ! but if it happens it will drag all altcoins for you!
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January 11, 2018, 05:59:09 PM
 #972

Many altcoins are depending to the market of bitcoin and if bitcoin will start to be dead then other altcoins will follow. But not all will be dead, there will be some that will survive and will change it's main dependent from BTC/alt it will be USD/alt.

Altcoin will not affect and bitcoin will never die
Altcoin will be affected if there is something wrong happening to bitcoin but I like what you've said with bitcoin.

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January 11, 2018, 06:42:35 PM
 #973

Bitcoin is not going to die, he just beginning to live, every day more and more new fans join ! but if it happens it will drag all altcoins for you!
Yes, The chance of bitcoin will be dying is too low, because it's still a new, I mean not all of people use it for now, so I think it will survive for 10 years or maybe more, Also I think if bitcoin will die, Altcoins will follow that, because bitcoin is the number 1 in the market cap, so when he dying, he will influence to others crypto.
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January 11, 2018, 07:00:10 PM
 #974

If a specific bitcoin bug causes die, this won't kill other altcoins. But, as you told if governments ban bitcoin completely, this will also be the end of altcoins. People stop buying the illegal things.
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January 11, 2018, 08:43:22 PM
 #975

If bitcoin dies which  I doubt it will . Altcoins will not be taken serious most people will leave crypto currencies and go back to using fiat currencies.
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January 11, 2018, 08:46:01 PM
 #976

Yes alts will follow if bitcoin die and if your a traders Technical analysis is not effective at all you can search both news and fundamentals. Blockchain Technology is a beast and crypto is crazy.
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January 11, 2018, 10:13:26 PM
 #977

This question has a lot of factor and depending on the people whether both dies or someone would stay. It all just depends on the market whether all of the people will going dump their coins whether altcoin or Bitcoin so that someone will obliterate but i don't see it coming because once a market is busy it will never be stop.
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January 11, 2018, 10:22:03 PM
 #978

We dont really know but i am thinking it will. When bitcoin started other cryptocurrencies started to follow so i also think if bitcoin dies people will also lost their interest in crypto. Only my thinking but i dont know what will really happen.

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January 11, 2018, 10:24:27 PM
 #979

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, altcoin will also disappear.
 The main reason why there are altcoins because of Bitcoin.

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January 11, 2018, 10:24:40 PM
 #980

For me, altcoin wouldn't die. Though altcoin was based on bitcoin, it's still an independent crypto from BTC, and can survive without it. The only factor that would be in altcoin after that is going to fiat from the altcoin.

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