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Author Topic: If Bitcoin dies does altcoin die?  (Read 17259 times)
explosion
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April 11, 2018, 05:59:38 PM
 #1521

No, I don't think altcoins will die. If there is a sophisticated idea and codes behind the crypto, why would it die? Bitcoin is only one of the variants - the most trusted though. Still, crypto community have other options to choose from.
arpaul
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April 11, 2018, 06:08:43 PM
 #1522

I dont believe that if bitcoin dies altcoins will also suffer the same fate. Despite being all a cryptocurrency they are not dependent of each other. Altcoins may be affected if bitcoin dies but not to the point that it will also die.  Huh
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April 11, 2018, 06:09:53 PM
 #1523

Even in the worst of scenarios, i think bitcoin can undergo an evolution but not an interruption, only circumstance where I don't see this happening is if another cryptocurrency rises to the top and Bitcoin falls apart.
e@symode
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April 11, 2018, 06:10:59 PM
 #1524

I think that the altcoins will not die, even after bitcoin has died, the situation may be very bad in the market for a while, until the market leader again finds a leader. Therefore, everything will be restored.
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April 11, 2018, 06:16:08 PM
 #1525

In my opinion Altcoins would not die if Bitcoin died. You are right that most altcoins are traded only against BTC and this surely is a problem, but I apparently believe that this would be a problem that would be solved if Bitcoin died for some reason.If at any time Bitcoin disappears the first Altcoin to replace it is Ethereum, why? Compared to other Altcoin Ethereum development is very fast, plus support from the excess of this coin makes more and more demand for many investors.
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April 11, 2018, 06:38:42 PM
 #1526

probably as each drop in BTC results in the price drop of all popular alts
Mery Gason
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April 12, 2018, 12:37:53 PM
 #1527

In my opinion Altcoins would not die if Bitcoin died. You are right that most altcoins are traded only against BTC and this surely is a problem, but I apparently believe that this would be a problem that would be solved if Bitcoin died for some reason.If at any time Bitcoin disappears the first Altcoin to replace it is Ethereum, why? Compared to other Altcoin Ethereum development is very fast, plus support from the excess of this coin makes more and more demand for many investors.

Yes, you're right, the exchanges are being developed, which will allow you to change the Crypto currency straight, without using Bitcoin.
AlexS_off
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April 12, 2018, 12:46:04 PM
 #1528

Now you can see how the rate of altcoins depends on BTC. If the price of bitcoin changes, then the price of all other altcoins follows it. It says that all the altcoins there are many common issues with BTC. When these problems are corrected, we will see a different picture and then the altcoins will develop on their own. That's just when this will happen is difficult to say.

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April 14, 2018, 07:03:21 PM
 #1529

I think altcoin will not die even though bitcoin is over. people will look for one of altcoin to serve as the most popular coin such as bitcoin. altcoin will always be there because it has become a source of income for people who do not have a job.
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April 14, 2018, 07:10:33 PM
 #1530

Altcoins are separate things for a long time. If bitcoin dies altcoins probably would be fine but prices can change. Market would be strange but not for a long time.

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April 14, 2018, 08:18:09 PM
 #1531

In my opinion Altcoins would not die if Bitcoin died. You are right that most altcoins are traded only against BTC and this surely is a problem, but I apparently believe that this would be a problem that would be solved if Bitcoin died for some reason.If at any time Bitcoin disappears the first Altcoin to replace it is Ethereum, why? Compared to other Altcoin Ethereum development is very fast, plus support from the excess of this coin makes more and more demand for many investors.

Yes, you're right, the exchanges are being developed, which will allow you to change the Crypto currency straight, without using Bitcoin.
But the disadvantage is you only can exchange some cyptocurrencies to others like usdt, eth ,... It's not working for every single currencies at all.
You don't need Bitcoin , yes , but you'll need usdt or eth to do it instead and i think that won't change much because eth and usdt are just the same at Bitcoin.
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April 15, 2018, 04:11:20 PM
 #1532

In my opinion Altcoins would not die if Bitcoin died. You are right that most altcoins are traded only against BTC and this surely is a problem, but I apparently believe that this would be a problem that would be solved if Bitcoin died for some reason.If at any time Bitcoin disappears the first Altcoin to replace it is Ethereum, why? Compared to other Altcoin Ethereum development is very fast, plus support from the excess of this coin makes more and more demand for many investors.
Actually Bitcoin never die, as long as it still has user, the Bitcoin system still run until that user stop to use Bitcoin. Bitcoin was a system with a little of users used it in the past. But thanks to what things the Bitcoin community made, Bitcoin became an asset for investment and has a high price like now. You should to read again the nature and how to run of cryptocurrency, it is neccessary for your knowledge.

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April 15, 2018, 05:08:37 PM
 #1533

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 don't think so, bitcoin, compare to other coins, just be a shit hole no more.
bitcoin's price so high just because it is one of the first of it kind.
other coin would have so much more potential if-IF bitcoin dies.

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April 15, 2018, 05:48:28 PM
 #1534

Even if bitcoin dies its place would not be empty. We have now tokens which are more technologically developed than BTC. Etherium for example. I think ETH can replace BTC without any difficulties.
As blockchain is in the permanent movement we will always have other coins.

Aroma92
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April 15, 2018, 05:53:05 PM
 #1535

Bitcoin just will not die. This is the first crypto currency. At least it will be like a rarity. And from altcoyins there will be only those who will find themselves a real use.

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April 15, 2018, 05:54:56 PM
 #1536

I think yes.
If Bitcoin dies other coins will fall at the beginning but then all the altcoins will rise again.
And Ethereum will be #1. Like BTC is now.

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April 15, 2018, 06:14:20 PM
 #1537

if indeed the bitcoin really ends, I think there will be no problem
because ethereum will be able to replace bitcoin position
and all altcoin will support ethereum to replace bitcoin
but to turn off bitcoin I think this is very difficult because bitcoin from year to year is getting stronger

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April 15, 2018, 08:39:40 PM
 #1538

I dont believe that if bitcoin dies altcoins will also suffer the same fate. Despite being all a cryptocurrency they are not dependent of each other. Altcoins may be affected if bitcoin dies but not to the point that it will also die.  Huh
Yea, if bitcoin dies all altcoin will be affected because most crypto currency investors will duck out off cryptocurrency and it will take almost year before any recovery will happen. However, I don't see bitcoin die and the only thing that will quench bitcoin are the internet, developer, miner and electricity.

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April 15, 2018, 08:43:29 PM
 #1539

I think not, because there is no relationship between bitcoin and other altcoins.
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April 15, 2018, 08:56:59 PM
 #1540

Probably Yes, but there's other coins that have potential to grow without bitcoin, example are Ethereum, Litecoin, Dogecoin...
So it's highly possible for this coin to takeover bitcoin eventually it's dead.
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