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Author Topic: If bitcoin dies. All the cottage coins will die?  (Read 423 times)
uobaaagrf (OP)
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January 17, 2018, 04:37:57 AM
 #1

Is that the case? Bitcoin if it dies. I do not think the other coins will go well.

Mohamme
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January 17, 2018, 04:44:06 AM
 #2

If bitcoin dies, then the entire cryptocurrency market will disappear. In my opinion, it should be. If bitcoin is 0, all tokens should be 0.

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January 17, 2018, 04:49:21 AM
 #3

If bitcoin dies, then the entire cryptocurrency market will disappear. In my opinion, it should be. If bitcoin is 0, all tokens should be 0.
Disagree. Currently bitcoin has nearly no use besides being an exchange for alts. Alts such as Ethereum, Monero and others have some use. I can see them surviving if btc dies.
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January 17, 2018, 04:53:40 AM
 #4

Is that the case? Bitcoin if it dies. I do not think the other coins will go well.

My opinion if bitcoin dies then altcoins will die also. Why? because bitcoin is the father of all crypto currency. if the bitcoin value reaches 0 and dies then it means that all of the people in the world has no more interest in digital currency and block chain technology. on which is for me is impossible because the block chain technology is slowly growing and being integrated in our current technology and daily life.

Bitcoin will still be a storage of value.

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January 17, 2018, 04:55:20 AM
 #5

IF bitcoin dies then there are still a lot of other coins that will survive and might even thrive because of it. Gotta get out of the mindset of BTC being the only thing keeping Crypto alive.
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January 17, 2018, 05:35:41 AM
 #6

Is that the case? Bitcoin if it dies. I do not think the other coins will go well.

My opinion if bitcoin dies then altcoins will die also. Why? because bitcoin is the father of all crypto currency. if the bitcoin value reaches 0 and dies then it means that all of the people in the world has no more interest in digital currency and block chain technology. on which is for me is impossible because the block chain technology is slowly growing and being integrated in our current technology and daily life.

Bitcoin will still be a storage of value.

Bitcoin can't really die, it's a self-sustaining industry for a long time already. Yes, it can lose some or a lot of value, but the network is solid. Other coins are greatly influenced by BTC pric, but as you can see now in ETH, NEO case or utility tokens, they can survive on their own.

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January 17, 2018, 05:42:52 AM
 #7

I agree, if it dies, everything will end.
Very little chance of it going away though.
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January 17, 2018, 05:54:48 AM
 #8



you are wrong, it will not be what you think. all there will always be a successor, like the life cycle. as well as with the crypto world. but I guess you're too pessimistic to predict the bitcoin will die at this time. no, bitcoin will survive. let's see what happens next.

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January 17, 2018, 06:04:05 AM
 #9

Is that the case? Bitcoin if it dies. I do not think the other coins will go well.

It solely depend on what is the caused why bitcoin dies?

If bitcoin dies due to the lack of user because people lost interest in it for the reasons of high fee and slow transaction this event will give other coin a chance to become big in the market.

If bitcoin dies due to banning and being regulated by the government around the world then the chances of other coin to follow the path of bitcoin is surely 100%.

Different events will lead to different results, these occasions may happen in the future and lets no forget that South Korea and China are taking a step against bitcoin and alt coins today.
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January 17, 2018, 06:04:27 AM
 #10

In past around year back if bitcin dies all alt could have been zero . But now not that case because lots of blockchain technology like ethereum , NEO , NEM , Waves , Monero  are running successfully by creating new projects as well as mode of payment . See the chart Most of the ICO accepting ethereum as major payment.
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January 17, 2018, 06:11:27 AM
 #11

So many dumb posts here, people pick up a book and read! . Altcoins that are 1)different than BTC & 2) Solve real world problems.. have a life span potential just as long as BTCs.  Two prime examples-IOTA and Ethereum.  Neither are Bitcoin rivals first. Second IOTA is geared towards only the IoT sector and has already made major movement in the space and has been brought on by major firms in the space. ETH has smart contracts that could revolutionize parts of the financial and legal industry (think escrow on Blockchain).

These guys could very well be around forever. Blockchain is bigger than BTC and people seem to forget that so easily. So to say BTC would bring them all to dust, is plain ignorant.

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January 17, 2018, 06:13:28 AM
 #12

No I think the market has evolved way beyond Bitcoin in the past 2 years, yes it is still the top of the pile but it's market dominance has been greatly reduced and it is seen mostly as a store of value now than something to be used daily.

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cryptosifu
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January 17, 2018, 06:14:16 AM
 #13

Bitcoin can't die.  The King will live forever.  End of story.  
Haunebu
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January 17, 2018, 06:20:37 AM
 #14

So many dumb posts here, people pick up a book and read! . Altcoins that are 1)different than BTC & 2) Solve real world problems.. have a life span potential just as long as BTCs.  Two prime examples-IOTA and Ethereum.  Neither are Bitcoin rivals first. Second IOTA is geared towards only the IoT sector and has already made major movement in the space and has been brought on by major firms in the space. ETH has smart contracts that could revolutionize parts of the financial and legal industry (think escrow on Blockchain).

These guys could very well be around forever. Blockchain is bigger than BTC and people seem to forget that so easily. So to say BTC would bring them all to dust, is plain ignorant.
Agree with you completely. Some people just type stuff without thinking clearly which is something that they need to focus on like some of the posters in this thread. Why do so many people think that bitcoin will die just because there is a dip in its value? If they had any knowledge of the crypto world, they would understand that bitcoin and major altcoins like Ethereum are here to stay.

They will not simply disappear just like that(Could happen if everyone lost internet access around the world which is highly unlikely). Bitcoin and major altcoins will continue to prosper no matter what.

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January 17, 2018, 06:23:19 AM
 #15

For me it's not gonna happen but hypothetically if bitcoin dies, I think all other crypto will also die. People may doubt to trust other altcoins because they may think that what has happened to bitcoin may also happen to altcoin so they will not try to invest on it.
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January 17, 2018, 06:24:28 AM
 #16

If the foundation will collapse what will happen ? alts will surely follow btc and thats the end of our world.
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January 17, 2018, 06:26:21 AM
 #17

Yes that will give a domino effect and every altcoins will start to die too.
If the foundation will collapse what will happen ? alts will surely follow btc and thats the end of our world.
This is the very simple logic that a person should understand if bitcoin will die. Even how hard you believe to the coin you bought if bitcoin starts to fall then you'll be also affected.

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January 17, 2018, 06:32:52 AM
 #18

A lot of newbies who came in for the fast money and wall street are shorting and exiting the markets right now. Only those who really care about the technology and some hardcore long term people like me are staying in. Bitcoin was oversold and now it is retargeting downwards. It tested 10k USD resistance yesterday but I don't know   for how long the market will be down. Also Chinese New year is not helping us at the moment. If Bitcoin dies, I hope at least something else will take it's place.


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January 17, 2018, 06:35:11 AM
 #19

Absolutely yes,we all know that all those alts made because of bitcoin.When bitcoin dies then all alternative coins will be affected,and a collapse for entire crypto currency may be a possible result.Not only for the other coin but also for all its consumers and users.Change will occur

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January 17, 2018, 06:46:41 AM
 #20

It seems to me that the important reason why bitcoin can die is important. It can fall down and pull everyone along, but this is unlikely. Rather, it is simply superseded by something else that does not entail such a fall, but only a temporary leap. And so bitcoin is like a dollar. The whole world economy revolves around it. If the dollar collapses, then the whole world will have a hard time. But only for a certain time, and then a more progressive currency will come to the fore and everything will remain as before. If bitcoin collapses, then it will be replaced by more progressive crypto currency or something that replaces it.
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