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Author Topic: Can bitcoin kill maximum alt coins?  (Read 1392 times)
Ayush rana
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November 13, 2017, 12:36:13 PM
#61

Yes bitcoin can kill the maximum alt coins because as per the current value of bitcoin most of the people are looking for investing on bitcoin due to high profit margin and they are neglecting alt coins, and so the maximum investers are stick to bitcoin.

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November 13, 2017, 12:45:45 PM
#62

Yes bitcoin can kill the maximum alt coins because as per the current value of bitcoin most of the people are looking for investing on bitcoin due to high profit margin and they are neglecting alt coins, and so the maximum investers are stick to bitcoin.

Why bitcoin comes into the altcoins. You please know that bitcoin and altcoin are different variant coins. You will be able to find the 1000 plus altoins in the market but bitcoin is only one and there are huge number of people invested on bitcoin only when there this much altcoins in the market.
To say that bitcoin kills means many people will go to invest the money in bitcoin related project not more alts. Only smart contracts, ICO are the altcoins main resource.

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November 13, 2017, 01:03:44 PM
#63

Bitcoin does not kill altcoin at all, just a bitcoin market fluctuation. When people spend money on bitcoin, altcoin will decrease and vice versa. Whoever grasps this rule will win.

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November 13, 2017, 02:18:01 PM
#64

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.
Bitcoins can never actually kill all the altcoins. No matter the prices are very low but transaction could only be done if other coins do exist because it all requires the exchange of currency .if altcoins would vanish completely, the transaction rate would diminish automatically and hence due to lack of investment in the international market, Btcs would eventually lose value leading to a downfall in the prices.


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November 13, 2017, 02:30:04 PM
#65

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?
Although the market of other altcoins is dumping without any pump in btc prices but if we take a closer look we will find that after a while they became stable and the point of vanishing the altcoins or other cryptocurrency by bitcoin seems not possible as they have their own value and everyone cannot trade in bitcoin because of its price comparitavely and at the same time bitcoin needs other coins for transaction and smooth working so they coordinate with each other.So there seems no logical explanation of eradicating the altcoin market which constitute billions of dollar by bitcoin.But who knows what happen next as future is always is uncertain.

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November 13, 2017, 04:37:30 PM
#66

Bitcoin is a lot more used and traded than most crypto currencies. If the altcoin haven't real value and haven't good team of devs behind it, or at least a good community supporting it, then it will never be successful. So yes Bitcoin is going to kill so many altcoins especially if they are just shitcoins, people for sure will leave them and deal with BTC or other powerful crypto currencies.

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November 13, 2017, 07:02:14 PM
#67

No bitcoin don't kill maximum altcoin because bitcoin is related to altcoin when bitcoin pump i'm over sure on that time must altcoin will be pump in a short time but bitcoin if dump altcoin again dump . it is never kill altcoin if you know this news i'm sure it is fake news .

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November 15, 2017, 06:52:20 AM
#68

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.
As bitcoin will grow up then there will be chance that altcoin will gain some value nut that will happen after 10 years but till then the altcoin market will remain red because bitcoin is still gaining popularity and it will go up until it will go beyond the limit of people痴 pocket and I personally think that altcoins will never get so much popularity and acceptance as bitcoin has go for the btc and earn more and more.

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November 16, 2017, 06:54:01 AM
#69

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,
The best coin for trading as a beginner is always those that have low prices in the market because even if you will lose, the chances of the recoverable profit are more.

Trading is not an easy task at all and one has to be experienced until or unless he could manage to use the bitcoins or ethereum for the same purposel all you can do is to search the internet for the coins that are most suitable to you for the sake of trading because the prices are all time available on the internet.



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November 16, 2017, 06:54:44 AM
#70

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.
No this type of scenario is not an evidence for the fact that Btcs are actually capable of killing other altcoin. The dumping phase constant for the altcoins has many reasons the most obvious of them is the demand and supply. As the price of Btcs has increased to the extreme level in the last months, so the whole of the exchange market has been covered by this currency shadowing the progress of all others.

So their demand has actually decreased than the supply therefore prices have fallen .but this would be eventually opposite after the dump for the Btcs.

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November 17, 2017, 07:44:41 AM
#71

It is a matter of preference some investors prefers to invest in profitable alt coins but it is obvious that bitcoin is leading in all ramification this cannot or will not kill altcoins
It really has to do with preference and as most of these altcoins are growing and some of them are getting known for the value they also create, the more the support will keep growing. There will always be a support for a very prospectful altcoin no matter what.

Death can only be possible for an altcoin that does not really have much place in the market in the first place as we have seen so many of them and we will keep seeing some of them, but with or without bitcoin, they were dead on arrival already.

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November 17, 2017, 08:22:58 AM
#72

Bitcoin is still king of crypto and almost all of altcoin's price depend upon bitcoin's price so they will also fluctuate everytime when bitcoin moves a bit. Situation for altcoin get even worst when bitcoin will pump hard in very short time, people will jump back into bitcoin by selling their alts for bitcoin which will just make altcoin price to dump harder during bitcoin pump.

But not every alts get affected heavily during such pump, only few of alt might survive in future.

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November 17, 2017, 08:28:12 AM
#73

Altcoins are mainly a good trading option for daily profits. When the volume goes to BTC, altcoins are mainly dumped. I think Bitcoin won't kill altcoins, however BTC domination is only increasing.
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November 17, 2017, 08:37:25 AM
#74

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?
Bitcoin strong foundation and it's massive growth after lots of struggles,  was an example for other altcoins inventions. Of course yes,  as everyone concentrating on investing in and around bitcoin,  other altcoins are ignored or skipped. This at times results in the respective altcoins shut down.  

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November 17, 2017, 11:59:00 AM
#75

Bitcoin can kill maximum altcoins because Bitcoin can survive without help from altcoins market and because of this if we may ignorantly destroy altcoins.I have been noticing that altcoins has been getting dump when bitcoin is getting pumping and also getting dumping when bitcoin is getting dumping.


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November 17, 2017, 12:07:07 PM
#76

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?

No, there is no reasons and chances that bitcoin will kill altcoins because all coins will just depend of investors in which the law of supply and demand applies. If no more investing to a certain altcoin it will become supersede and going to crap but because some investors are can't afford the current price of bitcoin in which it is very expensive to purchase some of them will shift to bitcoin because of the cheaper price and this will make altcoin will stay alive.

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November 17, 2017, 12:25:44 PM
#77

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,
The best coin for trading as a beginner is always those that have low prices in the market because even if you will lose, the chances of the recoverable profit are more.

Trading is not an easy task at all and one has to be experienced until or unless he could manage to use the bitcoins or ethereum for the same purposel all you can do is to search the internet for the coins that are most suitable to you for the sake of trading because the prices are all time available on the internet.
In my own point of view bitcoin is the foundation to most of the existing coins nowadays, and i certainly believe that when bitcoin is surging upwards the altcoin market becomes bloodbath but surely it will go up again because each of those who are existing has its own purpose why it is created, and although trading is a bit complicated and stressful you must choose wisely among lots of coins in the market.

pugman
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November 17, 2017, 12:37:11 PM
#78

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?
No. It cannot, understand these pumps and dumps just like the stock market. Bulls and bears buy or sell in order to make the markets volatile and for their own benefit. These altcoins will get pumped and dumped, and after sometime again the same thing will happen. Altcoins are the essence of trading and if most of them die, then the markets would become nothing but shit.
Pumps and dumps happen all the time, that's how trading works and if people are scared to invest in anything then let them just keep the money idle.

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November 17, 2017, 01:59:50 PM
#79

Bitcoin and altcoins are different. However, if all investors only invest in Bitcoin, altcoins can't increase.

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November 17, 2017, 02:05:36 PM
#80

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?
This is not possible for it to destroy any altcoin. Any altcoin is destroyed depending on and trader and blue whale.

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