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Author Topic: If Bitcoin dies does altcoin die?  (Read 17252 times)
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March 10, 2018, 02:35:54 PM
 #1281

bitcoin and altcoin is connected. therefore, altcoin will die too if bitcoin die.
because the dead of bitcoin means no demands for cryptocurrency anymore.

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March 11, 2018, 06:30:19 AM
 #1282

Yes this is more likely to happen because of the standard and expectation is there for a crypto and with this they are expecting that other crypto as well will be a successful one. With this Bitcoin will be an expectation and a standard or a role model for every other cryptocurrencies out there existing because of the main reason of it is the very first crypto.



     hmm.. Good point you have there man. It is true that bitcoin is the role model of all altcoins or is the one that people look at to generalize crypto the crypto world(at least the newbies and the ones who have no idea how things work here yet).  Obviously, seeing bitcoins die will really spark a lot of intrigue and might lead to the demise of the crypto world as a whole. Just like how bitcoins pull every altcoin up with it, it can also pull every altcoin down with it. But even so, I think that the fall of bitcoin will not be the end of the crypto world(depending on the reason why it died of course). I think that the prices will just be down for a period of time and then rise up again as a new coin takes the king's throne. That is how I see it.

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Techie5879
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March 11, 2018, 06:38:01 AM
 #1283

It will depend, the value of bitcoin cannot be directly said to be related to any particular altcoin, but they do have the same structure, so it might be that if the community looses faith on bitcoin and crypto in general, the altcoin may also lose its value. Bitcoin was the first of its kind, all altcoins are basically derived from that same structure, but any one altcoin might just stand out due to its unique qualities, and even if bitcoin loses its value, that altcoin might not, but its doubtful that people will lose faith in the first of its kind and support something else that came much later and basically copies the first one.
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March 11, 2018, 06:46:46 AM
 #1284

There would be 2 aspects, it might die or not die as well. From the first scenario.,its the main king of crypto currency and many other coins have come into instance only with the blockchain technology, so I am less concerned with its invalidity and more worried about its existence in the present world. In case of its death, I see many other coins also losing their value except for coins which will also expire slowly. So it's the main existence which is required.

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March 11, 2018, 06:52:42 AM
 #1285

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, altcoin will not die if bitcoin die. There will be other coin that will take place bitcoin if it dies. This coin will be the new bitcoin and can be as valuable as bitcoin. Anyways, why would you want bitcoin to die. I think we must stay positive so that positive things will come.

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March 11, 2018, 06:59:58 AM
 #1286

Bitcoin is a very popular crypto coin today, we know that Bitcoin will be very expensive in the future but I imagine if Bitcoin dies, whether there will be hope for the future of altcoin? because most altcoin exchanges are to bitcoins
your opinion is highly appreciated. Smiley
I think if Bitcoin dies, Altcoin will also die. Because Bitcoin is the mother of all coins. So if Bitcoin dies, gradually Altcoin will not survive either. Moreover, many people who want Bitcoin as investment assets.
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March 11, 2018, 03:44:03 PM
 #1287

Of course not,Bitcoin and altcoin is a swing event.We can't say that if bitcoin goes the length of altcoin wil go beside as adroitly back there's no association surrounded by the two.Maybe we could regard as creature the possibility of bitcoin being dominated by the added crypto currency such as altcoin,ethereum and etc to the fore those currency are rivals in the world of digital currency. What i'm bothersome to make known is if bitcoin dies,there would be a replacement which mostlikely coming from the added crypto.
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March 11, 2018, 04:00:36 PM
 #1288

bitcoin wont dies, it will only limited. but if so, i think, alcoin will die also because the benchmark is bitcoin
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March 11, 2018, 04:02:28 PM
 #1289

I don't know if it is possible that bitcoin will die in the next few years, but i think when bitcoin dies it would also affect the other alternate coins, because mostly those were based on bitcoin itself and just the difference are just the uses and their purposes, but still as what like others said, it depends to what is the reason on the bitcoin's extermination.
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March 11, 2018, 04:03:19 PM
 #1290

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
I think if bitcoin crashes and becomes 0, altcoins may not die. Many altcoins are now gradually getting rid of the impact of bitcoin. Bitcoin does not determine the development of altcoins.
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March 13, 2018, 11:02:35 PM
 #1291

Nothing will kill bitcoin.  i dont see any possibility that is going to happen. Bitcoin is the main cryptocurrency for worldwide payment system. It is here to stay and it will out leave generations.
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March 14, 2018, 01:59:28 PM
 #1292

If the crypto dies I will lose some of the money invested, some other investors will lose the property. But that happens, the blockchain technology is still there and its application is unchanged.
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March 14, 2018, 02:57:21 PM
 #1293

Nothing will kill bitcoin.  i dont see any possibility that is going to happen. Bitcoin is the main cryptocurrency for worldwide payment system. It is here to stay and it will out leave generations.
Nothing is sure you sage, if the market had wanted to remove bitcoin, disappear is what will happen, bitcoin can not resist the market demand, so the dead bitcoin is the thing that can happen, we should not be too surprised about this. And if bitcoin is dead, altcoin will continue to exist because the market is having many altcoins potentially replacing bitcoin in the future, altcoin that most potential will fill the position of Bitcoin, the market will have some chaos when a great king disappears but it will soon stabilize

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March 14, 2018, 03:02:33 PM
 #1294

Altkoins are directly dependent on bitcoin. When bitcoin falls, the altcoins also fall. Altkoins begin to grow only when bitcoin after lifting is delayed at one level and becomes more stable. Then the altcoyins are drawn to it. But the fall of altcoyins is almost always associated with the fall of bitcoin, often even as much as bitcoin.
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March 14, 2018, 03:24:39 PM
 #1295

 I don't think if bitcoin dies the rest of the family will also die because some of the Altcoins have different features, advantages and anonymity implementation than bitcoin. Some coins categorize themselves as currency and some as an asset. So, you see because of that they don't serve the same purpose they both have their ways if you know what I mean. Bitcoin is like the father of the family and you know when the father dies the children will grow they won't die too  Smiley
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March 14, 2018, 03:33:46 PM
 #1296

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

It might depend on the reason why Bitcoin can die. In case when the death is due to total ban of Bitcoin as done by all governments or regimes then there is a possibility that Bitcoin death can also mean the death of altcoins. Now, if the reason can be other than that or it is within Bitcoin like losing the appeal from the market then there is a possibility that another coin can rise up to take the vacuum of leadership.
I don't think so. We know how beneficial cryptocurrency are and no matter with the skiptism they can never stop the popularity of bitcoin or of any cryptocurrency for that matter. This has given so much chances for a lot of people all over the world the chance to have a better and comfortable life. Also with the technology that we have it is just logical to say if cryptocurrency will die so is the internet or technologies and so are the big conglamirates who now rely entirely to the technology and internet. So it's just logical to say that if cryptocurrency will die so is technology and internet that it will disappear in the face of the planet and we live without civilization.
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March 14, 2018, 03:56:02 PM
 #1297

I don't think if bitcoin dies the rest of the family will also die because some of the Altcoins have different features, advantages and anonymity implementation than bitcoin. Some coins categorize themselves as currency and some as an asset. So, you see because of that they don't serve the same purpose they both have their ways if you know what I mean. Bitcoin is like the father of the family and you know when the father dies the children will grow they won't die too  Smiley
Each alts project intended to replace or to back up bitcoin lapses, so just in case bitcoin completely falls, there's another option to move forward, each project have its own offers, most of the quality and real alts create uniqueness, though each of them really relied with the current bitcoin value, who knows after some year one of them will jump high and replace bitcoin, future is not ours to predict let just wait and see if what will happen after.

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Tukang Becak
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March 14, 2018, 04:46:25 PM
 #1298

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
I think if bitcoin crashes and becomes 0, altcoins may not die. Many altcoins are now gradually getting rid of the impact of bitcoin. Bitcoin does not determine the development of altcoins.
The presence of ethereum, ripple and tether may keep it up, if bitcoin dies from competition with other coins then it does not matter, but if bitcoin dies due to internal factors that are abandoned by users, this will certainly affect other coin users that will die.
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March 15, 2018, 02:05:10 PM
 #1299

I think not, because they are completely different on technology, team and purpose but some coins would really lose a lot of value and credibility because people generalized cryptocurrencies at bitcoin so if bitcoin dies maybe alot of investors would lose confidence but eventually good technology coins will always bounce back and maybe someday make it to mass adoption.
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April 02, 2018, 04:26:52 AM
 #1300

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

It might depend on the reason why Bitcoin can die. In case when the death is due to total ban of Bitcoin as done by all governments or regimes then there is a possibility that Bitcoin death can also mean the death of altcoins. Now, if the reason can be other than that or it is within Bitcoin like losing the appeal from the market then there is a possibility that another coin can rise up to take the vacuum of leadership.
I don't think so. We know how beneficial cryptocurrency are and no matter with the skiptism they can never stop the popularity of bitcoin or of any cryptocurrency for that matter. This has given so much chances for a lot of people all over the world the chance to have a better and comfortable life. Also with the technology that we have it is just logical to say if cryptocurrency will die so is the internet or technologies and so are the big conglamirates who now rely entirely to the technology and internet. So it's just logical to say that if cryptocurrency will die so is technology and internet that it will disappear in the face of the planet and we live without civilization.
Cryptocurrency can be die by the government, you do not need to imagine the situation like someday, internet turn off forever by something. Internet still exist, but if the cryptocurrency can be becomes the hazard for the world economy and the government, the world will kill it. Digital currency use blockchain technology is enough to improve the current monetary system of the world. Wink
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