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Author Topic: Bitcoin will kill alt coins  (Read 1609 times)
gandhe83
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December 21, 2017, 12:31:17 PM
 #161

You can see that this does not happen when the altcoin is rising very strongly, the dominant is the x10 altcoin today. Because investors are very interested in the crypto market, the flow of capital into this market makes the market a lot of significant improvement. I think the next time this market continues to grow very strong.
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December 21, 2017, 12:58:16 PM
 #162

I suppose the situation would be right the opposite. Take a look at BCH. It has much better conditions to use (i mean tx fees) and it's already pretty expensive. I believe that BCH could even replace bitcoin in a few years.

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crenfrosck
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December 21, 2017, 02:17:25 PM
 #163

I really don't think so, but it will kill shitcoins, yeah. Some coins/tokens bring something new and innovative, and they will survive as well.

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December 21, 2017, 02:20:15 PM
 #164

I really don't think so, but it will kill shitcoins, yeah. Some coins/tokens bring something new and innovative, and they will survive as well.

If you don't really trade then you have not experience the inverse ratio of bitcoins and altcoins. This has been historically done over and over the past years. When bitcoins go up all alts usually go down and die, well not die die. They just go really low and there would be anymore equality. People will see that prices of alts are so low and they will end up buying those back and bitcoins will also go down.
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December 21, 2017, 02:33:37 PM
 #165

are you kidding?
maybe bitcoin kill much altcoin, but other coin will reborn again and again. so, altcoin still exist here and cant be kill at all
Pickle-Rick
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December 21, 2017, 03:01:20 PM
 #166

are you kidding?
maybe bitcoin kill much altcoin, but other coin will reborn again and again. so, altcoin still exist here and cant be kill at all

Yeah, alt coins are going nowhere. Some will die, new one's will be born. If anything as time goes on we will get more altcoins.
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December 21, 2017, 06:33:41 PM
 #167

haha, I dont think so. They have different role in the economy. So, Bitcoin does not kill anything. the investors will invest in both Bitcoin and altcoins

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December 21, 2017, 06:35:45 PM
 #168

In December 2013 there were 67 altcoins, in March 2014 the number had risen to 193.

Globally there are approximately 180 fiat currencies in the world but today we have 1372 altcoins....

Altcoins are thriving, not only as way to fill in the tech gaps left by BTC but also as a way to scam newbies with all sorts of ponzy schemes.

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December 21, 2017, 07:40:58 PM
 #169

Coca Cola hasn't killed off the myriad of small local soda producers, the dollar has not killed small regional currencies.
Altcoins are here to stay, like vines on the large oak tree that is Bitcoins.
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December 21, 2017, 07:44:01 PM
 #170

There are a ton of better alternatives to Bitcoin out there. Don't be so short-sighted that just because it has the first mover advantage that it will win. Many others with a first mover advantaged have come and gone, just look at social media.

I think in 20 years the top 10 cryptocurrencies may be completely different from what we see today. It's going to happen faster now that the market is flooding with new teams working on new innovations. It's not like 2008 - 2013 where there were literally no other real players around.
DragonCoinZ
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December 21, 2017, 07:50:30 PM
 #171

Theres only one way how bitcoin can kill all altcoins: Thats when bitcoin will loose all his value. When these day comes, all altcoins will die too. Thats the only possible scenario.
bribed
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December 21, 2017, 10:03:50 PM
 #172

Bitcoin does not seem to stop growing

2018 Altcoin is dead

Well, I dont agree with you.

Bitcoin might increase in price way more in the near future, but I dont think that this rise will kill the altcoins.

Altcoins and Bitcoin can coexist. As there are many new alts with different use cases they will also prevail in my opinion.

I love the the crypto space offers great variety! Love those precious alts and love that Bitcoin!
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December 21, 2017, 10:06:33 PM
 #173

Coca Cola hasn't killed off the myriad of small local soda producers, the dollar has not killed small regional currencies.
Altcoins are here to stay, like vines on the large oak tree that is Bitcoins.

Yeah mate! Totally agree with you, some good comparisons here!

Even if the whole crypto hype turns out to be a bubble anytime soon, it is still a bubble that will stay. Blockchain technology is here to stay and so is Bitcoin and so are all alts that have a real use case and bring a benefit to people.
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December 21, 2017, 10:11:57 PM
 #174

Today BTC fell, and the world of the cryptocurrency was shocked. Many strong altcoins appear, as well as new ones. Do not worry, but they will. Not these, so others
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December 21, 2017, 10:40:15 PM
 #175

No such thing is going to happen. No coin is going to kill another coin. Bitcoin will work along side by side together with other coins without any issue. As long as bitcoin exists, all other alt coins will survive! Honestly saying, both bitcoins and other altcoins are closely related.

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lenovo16
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December 22, 2017, 12:28:15 AM
 #176

You can see that this does not happen when the altcoin is rising very strongly, the dominant is the x10 altcoin today. Because investors are very interested in the crypto market, the flow of capital into this market makes the market a lot of significant improvement. I think the next time this market continues to grow very strong.
Yes I agreed. Im a huge fan of bitcoin and im glad that bitcoin is continuing to grow. But I dont think that is an enough reason for as to conclude that bitcoin will going to kill altcoin. Perhaps there a lot of altcoin now a day that showing their strength in the market. That they can still grow even after a hard fall down because of bitcoin. They are now regaining their price and hopefully continue until next week.
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December 22, 2017, 02:24:57 AM
 #177

Theres only one way how bitcoin can kill all altcoins: Thats when bitcoin will loose all his value. When these day comes, all altcoins will die too. Thats the only possible scenario.

absolutely nonsense...if people sell BTC to buy altcoins.. BTC will drop to hell and altcoins will rise, there is just a shift of cash. There are MANY more usefull altcoins than bitcoin itself.. and someday it will be replaced as was VHS, floppy diks, 56kb modem, MSN Messenger...
but hey... you can go all in in BTX and croos  your fingers..      but one thing is for sure, at least me, i wont put a cent on it!

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December 22, 2017, 09:33:10 AM
 #178

Rapid BTC growth may reduce investors interest in alts. But this does not kill alts completely. Some low cap coins are simply at the bottom and wait for the right moment to grow

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December 22, 2017, 09:34:55 AM
 #179

Well Bitcoin definitely created a sea of red today
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December 22, 2017, 10:15:18 AM
 #180

Its a process some altcoins go Boom then decline and another capture the market so can not say that Bitcoin will kill the altcoins,Bitcoin has its own investors and altcoins have also huge amount of investors who professionally trade and earn profit.

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