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Author Topic: Can bitcoin kill maximum alt coins?  (Read 1566 times)
Baofeng
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November 07, 2017, 10:14:06 AM
 #41

Now a days all alt coin markets has been dumping and dumping without any simple pump for the btc price increasing.So just i want to know that can bitcoin destroy the maximum type of alt coins market?

It won't destroy altcoins. The bleeding that we are seeing in altcoin is due to the fact the altcoin traders are going into bitcoin scene because of the anticipation of segwit2x which  they can get free money out of it. But once the looming fork is completed, there no way that they will stay on bitcoin. They will of course goes back to altcoin and the market will see all green again. So bitcoin won't kill altcoin, this is just a temporary hiccups for the altcoin ecosystem.

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November 08, 2017, 08:05:09 AM
 #42

If Altcoin is destroyed so how can business people do BTC, how can transfer BTC from one pocket to another. Then the transaction is very low BTC and people tend to keep the MOTC to expect the magic only. So permanently altcoins always exist regardless of what happens. Grin Grin Grin Grin
Obviously it is not possible to eradicate altcoins altogether. No matter how much difference is between the value of BTC and these coins, the Bitcoins cannot work alone because other cryptocurrencies are required for transactions and funding processes via conversion of one coin to the other and the second best option for this is always altcoins.

One altcoin is somewhat equal to 0.001 Bitcoins and being such a little value provides safer method of exchange with minimum transaction fee.

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November 08, 2017, 04:19:59 PM
 #43

If Altcoin is destroyed so how can business people do BTC, how can transfer BTC from one pocket to another. Then the transaction is very low BTC and people tend to keep the MOTC to expect the magic only. So permanently altcoins always exist regardless of what happens. Grin Grin Grin Grin
Obviously it is not possible to eradicate altcoins altogether. No matter how much difference is between the value of BTC and these coins, the Bitcoins cannot work alone because other cryptocurrencies are required for transactions and funding processes via conversion of one coin to the other and the second best option for this is always altcoins.

One altcoin is somewhat equal to 0.001 Bitcoins and being such a little value provides safer method of exchange with minimum transaction fee.

Yes, it is an obvious fact that everyone knows that it is an indispensable symbiosis.

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November 08, 2017, 05:16:55 PM
 #44

Now a days all alt coin markets has been dumping and dumping without any simple pump for the btc price increasing.So just i want to know that can bitcoin destroy the maximum type of alt coins market?
I dont really sure that bitcoin can destroy the altcoins market because altcoins was born because of bitcoins, even if most of the altcoins price decreased because people dumping the coins there are still some coins that growth exponentially some that have unique and different project and development than bitcoins  Grin

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November 08, 2017, 05:29:00 PM
 #45

Altcoin and BTC are a pair of identical songs, just to show off each other.
How can you make such an opinion? Is not altcoin and bitcoin a rival?

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November 08, 2017, 05:37:57 PM
 #46

Now a days all alt coin markets has been dumping and dumping without any simple pump for the btc price increasing.So just i want to know that can bitcoin destroy the maximum type of alt coins market?
I dont really sure that bitcoin can destroy the altcoins market because altcoins was born because of bitcoins, even if most of the altcoins price decreased because people dumping the coins there are still some coins that growth exponentially some that have unique and different project and development than bitcoins  Grin
To have a healthy market altcoins is a must. Though majority of the altcoins were small in value compared to bitcoin, it gives a competence. Such a healthy competence is a must paving path towards growth. Upon such a thinking bitcoin will never intend to kill altcoins.

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November 08, 2017, 07:05:48 PM
 #47

BTC can make altcoin decvaluation, but can't kill altcoin. and altcoin help BTC stronger, arm in arm, more valuable
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November 10, 2017, 02:08:53 AM
 #48

Bitcoin's price may be ten times greater than altcoins but that does not mean that it will kill altcoins in the market. Both are good coins and are used for different purposes. Altcoins have a different role in the market and are often used for smart contacts. Price is not the basis of superiority here. Altcoins can also provide good profit fyi.

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November 11, 2017, 02:25:07 PM
 #49

Now a days all alt coin markets has been dumping and dumping without any simple pump for the btc price increasing.So just i want to know that can bitcoin destroy the maximum type of alt coins market?

Well this run can't go on forever. Alts will be there are would survive this btc surge. They've done all the time and were able to regain footing again even after the price of btc shot back up
Since bitcoin starts to rise there is all red in the market of altcoin and this is the alarming situation of altcoins investors and all they are doing that they are cashing out their money and they are waiting for the dump for bitcoin so that they can invest into bitcoin and yes bitcoin is killer of altcoin market because it has diverted the attention of other coin investor toward itself and this is the best for the bitcoin investor,


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November 11, 2017, 04:21:31 PM
 #50

Bitcoin cannot kill the alt coins because they have their own lives and they have their own developers and communities that will support each and every altcoin that is in the market and the only thing that bitcoin can do is to affect the prices of all the altcoins since the bitcoin is very dominant but after than that there is nothing that bitcoin can do especially if we will talk about the lives of the alt coins.
Right. It is a normal market and even BTC gets dumped at some point. The difference is that bitcoin still have a huge solid support doe the first movers’ advantage it has than all the altcoins.

Many altcoins have prospects and even though people are dumping them now does not mean they won't get pumped back after the coast gets clear. Every trader is always looking for a chance to make profit and without altcoins, there would not really be much chances to make those profits.
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November 11, 2017, 04:29:08 PM
 #51

Now a days all alt coin markets has been dumping and dumping without any simple pump for the btc price increasing.So just i want to know that can bitcoin destroy the maximum type of alt coins market?

Well this run can't go on forever. Alts will be there are would survive this btc surge. They've done all the time and were able to regain footing again even after the price of btc shot back up
Since bitcoin starts to rise there is all red in the market of altcoin and this is the alarming situation of altcoins investors and all they are doing that they are cashing out their money and they are waiting for the dump for bitcoin so that they can invest into bitcoin and yes bitcoin is killer of altcoin market because it has diverted the attention of other coin investor toward itself and this is the best for the bitcoin investor,

In recent times the bitcoin attracted many user to bitcoin side which allows the rapid price growth in bitcoin but for the last two days the bitcoin price is dumped due to its cancelled for so now the people are converting in to bitcoin to altcoin.
As i am a bitcoin lover i always be investing on bitcoins i think many of the people also have the same thought so it might decrease the demand of bitcoin which means slowly killing it.

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November 11, 2017, 05:07:04 PM
 #52

Now a days all alt coin markets has been dumping and dumping without any simple pump for the btc price increasing.So just i want to know that can bitcoin destroy the maximum type of alt coins market?
That is also my observation. As bitcoin price increase a lit of altcoins decrease. So i can say that altcoins and bitcoin has a relationship to each other. It ia hard to say that because im still in the process of observation a lot of things. And that is one of my observation.


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November 11, 2017, 05:50:36 PM
 #53

Now a days all alt coin markets has been dumping and dumping without any simple pump for the btc price increasing.So just i want to know that can bitcoin destroy the maximum type of alt coins market?

It won't destroy altcoins. The bleeding that we are seeing in altcoin is due to the fact the altcoin traders are going into bitcoin scene because of the anticipation of segwit2x which  they can get free money out of it. But once the looming fork is completed, there no way that they will stay on bitcoin. They will of course goes back to altcoin and the market will see all green again. So bitcoin won't kill altcoin, this is just a temporary hiccups for the altcoin ecosystem.
Yes and with the cancellation of segwit2x, we can see that the price of altcoins are now starting to recover and bitcoin's price starting to dump. People are dumping bitcoins now and are starting to invest in altcoins. This is why we see the sudden change in altcoins prices. But I think it is just a matter of time before bitcoin's price recovers back again and reach a new ATH.
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November 11, 2017, 06:59:54 PM
 #54

Although Bitcoin is a good coin. However, I don't think that Bitcoin can kill altcoins. Because each coin has own role in the economy. Bitcoin has own disadvantages and it can replace altcoins

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November 11, 2017, 07:06:03 PM
 #55

People are dumping bitcoins now and are starting to invest in altcoins. This is why we see the sudden change in altcoins prices. But I think it is just a matter of time before bitcoin's price recovers back again and reach a new ATH.

It's all normal. Bitcoin had its time to shine, which resulted in altcoins to stagnate, and even fall down, and now money is moving from one place to another. I am happy that the market is correcting a bit, because it just isn't healthy to see all time high after all time high gets broken through like it's nothing -- the market was simply said overheated. It was obvious that the price kept up just because of the looming chain split, and now it's clear that there won't be a chain split, a dropping price is the result. This is the reason I secure profits from time to time, because in these situations I benefit from the correction that was due for quite a while now.

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November 11, 2017, 08:40:32 PM
 #56

Now a days all alt coin markets has been dumping and dumping without any simple pump for the btc price increasing.So just i want to know that can bitcoin destroy the maximum type of alt coins market?
That is also my observation. As bitcoin price increase a lit of altcoins decrease. So i can say that altcoins and bitcoin has a relationship to each other. It ia hard to say that because im still in the process of observation a lot of things. And that is one of my observation.
for me i dont think so that they have relationship between altcoin and bitcoin just because of the price that bitcoin make some pump and altcoin are dump because the moment how it move the moment how this coin play on the market just because of us.



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November 11, 2017, 08:55:36 PM
 #57

Although Bitcoin is a good coin. However, I don't think that Bitcoin can kill altcoins. Because each coin has own role in the economy. Bitcoin has own disadvantages and it can replace altcoins

Absolutely true, Bitcoin is good and powerful with high demands, no doubt. People will always be with it. But killing other altcoins, I don't think its possible. Also there are many such alts which has some good strong backbone with good team and roadmap. The features of such coin are also unique so killing them is not possible. Blockchain is future, and few alts will be the part of this future.

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November 11, 2017, 10:03:58 PM
 #58

Bitcoin can't kill anything. Altcoins such as ETH have a important role for cryptocurrency development (ICO projects are example). Bitcoin can not replace them.

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November 13, 2017, 11:51:08 AM
 #59

I think bitcoin will keep the lead, but will not kill all altcoins. Many altcoins more technologicznie and have great opportunities.
Bitcoin keeping the lead is nothing to doubt.
It would always be the highest supported coin no matter what. All the above, anything can change and as long as the developers do not slack, I do not see how bitcoin would be overthrown.

It is the market that determines and as long as the support for bitcoin still keeps growing more than any altcoin out there, then they will keep getting dragged but that does not mean they will get dead unless the coin is just shitty from the onset.


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November 13, 2017, 12:23:38 PM
 #60

Now a days all alt coin markets has been dumping and dumping without any simple pump for the btc price increasing.So just i want to know that can bitcoin destroy the maximum type of alt coins market?

It won't destroy altcoins. The bleeding that we are seeing in altcoin is due to the fact the altcoin traders are going into bitcoin scene because of the anticipation of segwit2x which  they can get free money out of it. But once the looming fork is completed, there no way that they will stay on bitcoin. They will of course goes back to altcoin and the market will see all green again. So bitcoin won't kill altcoin, this is just a temporary hiccups for the altcoin ecosystem.
If we look at the market value as well as performance of bitcoin, then we’ll get to know that it is the top rated coin in the world of crypto currency. There are number of investors who are investing a major portion of their income into bitcoin.

Altcoin market is no doubt greatly affected by bitcoin. It is because there are very less number of investors who are willing to invest in altcoin because of the presence of bitcoin.

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