Gobeller
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February 17, 2018, 03:56:04 PM |
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after the issuance of futures by the banks, the bitcoin is subject to speculation in the finance lobby. the free spirit of the bitcoin is over. maybe it will work as a store of value but now bitcoin is cme a fiat.
Bitcoin is now under price fluctuation and this sometimes makes the market perception even worse. I think bitcoin should be much more stable than the current situation so altcoins will be more stable.
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GalaxyWorld
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February 17, 2018, 04:05:24 PM |
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At present prices of bitcoin are very high. And new entrants to this market are unlikely to have large capital to invest in bitcoin. But for altcoin the price is lower than it is suitable for beginners to participate more. But I do not think altcoin can replace bitcoin.
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Sid3d
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February 17, 2018, 04:12:17 PM |
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Hello!
With the recent decrease in value of Bitcoin, the value of almost all the altcoins dropped too. Now BTC is rising again and so are the altcoins.
I am thinking that if Bitcoin ever crashes, I mean completely drops to a very low value and when doesn't increase anymore. Then the altcoins are going to drop too and won't have a high value anymore too, which means the cryptocurrency world will die.
Is my statement just nonsense or can it be correct?
I'm curious of what you all think will happen to the altcoins if BTC crashes for real.
Yes, I also noticed this pattern. All altcoins depend on the price of bitcoin. And it's sad when bitcoin pulls all the other coins down. Although if this growth is going up, I will not mind.
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RoftheN
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February 17, 2018, 04:16:07 PM |
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Once the bitcoin crashes, people would have hard time believing in cryptocurrency. Altcoins may not survive after bitcoin crash.
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Naficopa
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February 17, 2018, 06:19:37 PM |
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It's hard to imagine such a situation. But if that happened, it would be a very uninteresting situation for all altcoins. They probably will not be able to stay on the market.
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Torps1
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February 17, 2018, 06:52:25 PM |
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I also observed the price fluctuations of bitcoin in relation to Altcoin. There is a relationship between bitcoin and Altcoins that should be of serious concern. I just hope it do not crash.
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mavipapagan
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February 17, 2018, 07:46:29 PM |
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First of all i don't see bitcoin ever decreasing to levels you mentioned. We should learn how to follow circle. Market will keep on going up and then down and then up again. So we won't see a market without it's pioneer and even if the worst scenario happens some how , crypto world's dependence to bitcoin is gettin lower with time. It won't be that hard for alt coins to survive without bitcoin.
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BitProCoin
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February 17, 2018, 08:14:52 PM |
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If bitcoin dies then altcoins too will die, so alcoins doesn't have any good future without bitcoin.
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bgator76
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February 17, 2018, 08:17:30 PM |
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There will always be a place for btc and altcoins. Over time, the correlation between them will diminish.
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Hawker
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February 17, 2018, 11:18:22 PM |
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The altcoin market started to rise after the big downturn. this situation gave confidence to most people. I think the market will grow faster after that
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3angel84
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February 18, 2018, 12:53:49 AM |
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dont put too much woory about bitcoin price today because that is normal. digital currency behaviour is unstable so the price for now is temporary. just wait for a few months from now btc price will pump up again. just see btc price today it will slowly going up.
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evermotz
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February 18, 2018, 01:08:42 AM |
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There will always be a place for btc and altcoins. Over time, the correlation between them will diminish.
I think ALTs price correlates with BTC, as some trading platform also trade ALTs with BTC.. when BTC price going in a big dip so does ALTs.. But yeah, sometimes ALT price could rise and not correlated at all with BTC.. I think ALTs has their own market and yes, overtime correlation with BTC price will diminish little by little ~
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traderethereum
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February 18, 2018, 04:31:39 AM |
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dont put too much woory about bitcoin price today because that is normal. digital currency behaviour is unstable so the price for now is temporary. just wait for a few months from now btc price will pump up again. just see btc price today it will slowly going up.
I think the up and down of the price is normal because this is what happens with bitcoin price so far and we only could see and buy another bitcoin. but if you still afraid about the price that will go down for more, then you don't have to risk your money to buy bitcoin again and you can wait or sell your bitcoin to get your money back. but I don't suggest this because your money will not be back and it will reduce your money only.
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JaRViZZ
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February 18, 2018, 07:34:16 AM |
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Hello!
With the recent decrease in value of Bitcoin, the value of almost all the altcoins dropped too. Now BTC is rising again and so are the altcoins.
I am thinking that if Bitcoin ever crashes, I mean completely drops to a very low value and when doesn't increase anymore. Then the altcoins are going to drop too and won't have a high value anymore too, which means the cryptocurrency world will die.
Is my statement just nonsense or can it be correct?
I'm curious of what you all think will happen to the altcoins if BTC crashes for real.
Why does everyone think that if there is no bitcoin, then the alt will disappear. The fall will obviously be in price but they will continue to attract investors and will only grow. So bitcoin is quite an interchangeable coin.
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Invester
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February 18, 2018, 07:42:32 AM |
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Hello!
With the recent decrease in value of Bitcoin, the value of almost all the altcoins dropped too. Now BTC is rising again and so are the altcoins.
I am thinking that if Bitcoin ever crashes, I mean completely drops to a very low value and when doesn't increase anymore. Then the altcoins are going to drop too and won't have a high value anymore too, which means the cryptocurrency world will die.
Is my statement just nonsense or can it be correct?
I'm curious of what you all think will happen to the altcoins if BTC crashes for real.
You have some good points. There is a very vital connection between Bitcoin and the rest of the world of cryptocurrencies. When Bitcoin goes down a little bit hard, the tendency is that the rest of the altcoins are really affected. Thus, the red days happening sometimes. That is what everyone observed just recently. And then when Bitcoin starts to recover, the altcoins will also start doing the same.
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Ann Impas
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February 18, 2018, 04:34:55 PM |
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Bitcoin seems to be the foundation of all the crypto coins. It seems like the Gold bar in the fiat industry. Bank cant print without Gold reserve. It seems like that is Crypto world that bitcoin creates a way to be the base of the crypto world. Many Alts in my opinion can stand alone without bitcoin as they can survive as long as people is willing to use their platform.
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Scallywag
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February 18, 2018, 08:56:34 PM |
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it is still the case that when bitcoin goes down the whole market goes down with it , so it is hard to imagine the future without bitcoin. but bitcoin is being overtaken on all sides when you look in terms of technology. also there are more and more usd pairs with other coins , and i think we will see more and more of that in the coming years. but i have no idea how long the markets ups and downs will be tied to bitcoin.
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money1337
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February 18, 2018, 09:04:14 PM |
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The common folk only heard of bitcoin because of the press. Yeah, if BTC will take a huge hit for some reason the whole crypto will go down. Crypto will die if that's gonna happen? No, I don't think so. There are too many money in this game to go down so easely. The big players will start to market other coins.
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vetrovppp
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February 18, 2018, 09:21:06 PM |
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Hello!
With the recent decrease in value of Bitcoin, the value of almost all the altcoins dropped too. Now BTC is rising again and so are the altcoins.
I am thinking that if Bitcoin ever crashes, I mean completely drops to a very low value and when doesn't increase anymore. Then the altcoins are going to drop too and won't have a high value anymore too, which means the cryptocurrency world will die.
Is my statement just nonsense or can it be correct?
I'm curious of what you all think will happen to the altcoins if BTC crashes for real.
a very interesting topic you can talk about. I think that altcoins would require a big downturn, but not all. I think strong coins have grown steadily in the market and have worked in the usual mode. There are many coins that can replace bitcoin
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denulh
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February 19, 2018, 12:34:43 AM |
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Bitcoin seems to be the foundation of all the crypto coins. It seems like the Gold bar in the fiat industry. Bank cant print without Gold reserve. It seems like that is Crypto world that bitcoin creates a way to be the base of the crypto world. Many Alts in my opinion can stand alone without bitcoin as they can survive as long as people is willing to use their platform.
You're definitely correct, most altcoins relying the performance of bitcoin. Though, there are some will survived which will depend the demand of the users of the particular ICO projects. Regarding on that, I don't think its gonna be easy since the bitcoin is the dominant crypto which still increase and decreases as of this time. the future of Altcoins cam be much harder to survive if bitcoin die suddenly in the future, however it will not an end for all Altcoins, they will only be effected when the price drop and surely Altcoins on the top will encrease their value in the future, the market will keep existing without bitcoin.
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