cryptolerant
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January 05, 2018, 09:24:13 AM |
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If bitcoin losses and their value most bitcoin holder will be sad but most some other altcoin have a chance to high their value in crypto currency cause some of bitcoin holder will change it to altcoins.
Up till now I was thinking that there is correlation between bitcoin and alt coins, if bitcoin falls then alt coins was also falling but last month we observe that dynamics are changing. Despite bitcoin was falling, some of the strong coins was increasing very fast.
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Every time a block is mined, a certain amount of BTC (called the
subsidy) is created out of thin air and given to the miner. The
subsidy halves every four years and will reach 0 in about 130 years.
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Blondy12
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January 05, 2018, 09:31:36 AM |
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If bitcoins collapse then so as altcoins because most investors believes the potentials of bitcoins as the mother of all coins. Who else will still invest in crypto-currencies if the mother of it collaspe? Probably no one. On the other hand, if bitcoin price went down then some of the altcoin price gone up.
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Naoko
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January 05, 2018, 02:45:17 PM |
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there are different opinions...some say that altcoins are completely dependent on bitcoin and in that case they will fail...I believe that altcoins live their own lives...
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Dxdiax26
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January 05, 2018, 03:36:26 PM |
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If bitcoin loses all its value, what will happen to altcoin? if in my opinion Altcoin is not totally dependent on Bitcoin, in fact, Altcoins will be much better than Bitcoin if we see from fact in terms of cost, speed in sending etc. Altcoin is superior so I think the Altcoin price will continue to be in its path. And if for example Bitcoin is destroyed then there will be instead I think Ethereum will be his successor.
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Novgabby
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January 06, 2018, 12:54:26 PM |
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If bitcoin loses its value, altcoin will take over since many people uses altcoin
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kensaii
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January 06, 2018, 01:14:04 PM |
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Do you think altcoins can survive without bitcoin leading the way ? will the bitcoiners that lose faith go into altcoins or will they just cash out and take profits ?
I personally see this altcoin growth going hand in hand with the growth of bitcoin even though some of the altcoins already offer some exciting new possibilities
No, I don't see how could altcoin survive if things go wrong for bitcoin.
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GiorgosK (OP)
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January 08, 2018, 07:09:28 AM |
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Do you think altcoins can survive without bitcoin leading the way ? will the bitcoiners that lose faith go into altcoins or will they just cash out and take profits ?
I personally see this altcoin growth going hand in hand with the growth of bitcoin even though some of the altcoins already offer some exciting new possibilities
No, I don't see how could altcoin survive if things go wrong for bitcoin. Bitcoin dominance has fallen to just at around 33-37% in the last 2-3 months and the strength of alternative chains goes up so I see lots of support for altcoins which means if Bitcoin value decreases overtime the altcoins will probably get more investors' attention
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arpaul
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January 10, 2018, 04:59:17 AM |
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I think that we all have to agree that cryptocurrencies is the future. No matter what is going to happen to the bitcoin and the rest of cryptocurrency, new altcoins will never stop appearing.
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tolla123
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January 10, 2018, 05:03:45 AM |
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In what case can BTC loose its value?
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BTCwin1
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January 10, 2018, 05:09:19 AM |
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If the value of bitcoin falls sharply, the entire cryptocurrency market will fall, as has been the case in the past.
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GiorgosK (OP)
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January 12, 2018, 07:17:43 AM |
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If the value of bitcoin falls sharply, the entire cryptocurrency market will fall, as has been the case in the past.
The BTC dominance gets lower slowly for the last 3-4 months so there might be a point where it actually loses its 1st position and then the BTC price ups and downs will not matter much
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dongyi17
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January 12, 2018, 07:45:54 AM |
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I think there's no way bitcoin will loses its value, as we all know what bitcoin really is, although its price is fluctuating and sometimes unpredictable but still bitcoin is bitcoin, however when it happen I guess the same thing happen to all other coin such as altcoins when one loses its value so is the other not unless there is something going outside bitcoin world that can help generate altcoins to use without bitcoin
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jaggijagjit
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January 12, 2018, 07:52:12 AM |
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If bitcoin loses all its value it means that satoshi value goes to zero and then automatically altcoins also have no value because all altcoins have value in satoshi.
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gracer88
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January 12, 2018, 08:17:33 AM |
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Do you think altcoins can survive without bitcoin leading the way ? will the bitcoiners that lose faith go into altcoins or will they just cash out and take profits ?
I personally see this altcoin growth going hand in hand with the growth of bitcoin even though some of the altcoins already offer some exciting new possibilities
No, all the same bitcoin is the basis. Although the technology of bitcoin with its expensive and long transactions I do not like. Now there are many more progressive coins with fast and cheap transactions.
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Nana_Marini
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January 12, 2018, 08:22:43 AM |
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I think that if bitcoin loses, the price of altcoin will increase. It is general situation for the cryptocurrency. Be patient if we have many bitcoins now because the price is low
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NoSkyLimit
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January 12, 2018, 06:05:43 PM |
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well if bitcoin goes back under 5k$ then we gonna see the biggest panic createad for the cryptos and people will start selling at the lowest prices. When market is crashing , better have some cash stored for this type of thing and buy all you can afford.
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goodvibes05
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January 13, 2018, 08:05:19 AM |
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Do you think altcoins can survive without bitcoin leading the way ? will the bitcoiners that lose faith go into altcoins or will they just cash out and take profits ?
I personally see this altcoin growth going hand in hand with the growth of bitcoin even though some of the altcoins already offer some exciting new possibilities
if bitcon loses its value well I guess alcoin will do the same. It will also lose its value same as satoshi and any other coin. And not only that, many businessess that involves in cryptocurrency will be bankrupt and investor will also lose their business. Many people will also be affected.
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GiorgosK (OP)
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January 14, 2018, 10:10:27 PM |
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I think that if bitcoin loses, the price of altcoin will increase. It is general situation for the cryptocurrency. Be patient if we have many bitcoins now because the price is low I think this is what is happening for the last 2-3 months
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valeru.aver
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January 14, 2018, 10:28:44 PM |
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I think that this will also affect the altcoins, especially the altocoins, who do not have good support. If you look at currency rates now, you will notice that bitcoin falls, and he pulled down all the altcoins, even the etherium.
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poketis22
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January 14, 2018, 10:41:07 PM |
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I think that one will not die bitcoin, bitcoin, but I think I will never lose my price. Perhaps bitcoin will not always cost so much, but no one will give it away for free either. It's my opinion!
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