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Author Topic: WIll bitcoin be the point of reference for other cryptocurrencies for ever?  (Read 298 times)
MartinAK (OP)
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June 28, 2018, 12:05:14 AM
 #1

As we see the USD ($) as a point of reference and determiner of value for most national currencies on the international market, will bitcoin as the mother of cryptocurrency be the determiner and reference point for the value of other crypocurrencies with time. I have witness that all newly coins aspire to get to where bitcoin has gotten to and even beyond and it baffles my mind that for sure will there be a potential coin to by pass bitcoin and serve as a reference point.
Isaythebitcoinbitch
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June 28, 2018, 12:15:24 AM
 #2

yes, bitcoin is the world cryptocurrency and will remain always the most important one.
Liternyy
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June 28, 2018, 01:02:54 AM
 #3

bitcoin will not only be the starting point for all crypto currency but it was from the very beginning how it appeared !! bitcoin is the "father" of all the crypto currency, it's everything from him that has gone, he is the founder of all the crypto currency that exists today!
electronicash
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June 28, 2018, 01:08:42 AM
 #4



bitcoin it is. although there might be some coins with higher value than btc, its still btc that is dominant and point of reference as you say.  most if not all are paired to btc whenever its list on exchange. the only exception is that if its on eth dex then its with eth.

micher143
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June 28, 2018, 01:51:10 AM
 #5

As we see the USD ($) as a point of reference and determiner of value for most national currencies on the international market, will bitcoin as the mother of cryptocurrency be the determiner and reference point for the value of other crypocurrencies with time. I have witness that all newly coins aspire to get to where bitcoin has gotten to and even beyond and it baffles my mind that for sure will there be a potential coin to by pass bitcoin and serve as a reference point.
Actually, we didn't know if there will be the new crypto appears in the market that can surpass bitcoin. But I think that bitcoin are still be the reference of new upcoming crypto in the market because this is the most strongest, powerful and stabilize crypto for all time. It may considered as the best reference among others crypto. In fact, there will be the possibility that bitcoin will become the global currency in the future.
Dava.Dina
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June 28, 2018, 02:16:45 AM
 #6

Bitcoin is not just a starting point for all Crypto currencies but from the beginning how it happens, because Bitcoin is the "father" of all Crypto currencies, he is the founder of all Crypto currencies that exist today!

Although there may be some coins with higher values than Bitcoin, but still dominant Bitcoin and reference points as you say.
Zin-Zang
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June 28, 2018, 02:31:52 AM
 #7

NO!

I was Red Tagged because Lauda Blows Theymos to get back on DT
The rest are just lauda's personal butt monkeys=> Hhampuz , Vod, TMAN , achow101
royalbittinz
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June 28, 2018, 02:32:47 AM
 #8

Bitcoin will always be the ALPHA Coin, others follows.
It will be difficult for other upcoming coins to overtake Bitcoin
due to to its volume of circulation worldwide.

Beside coins comes to being as a result of the birth of Bitcoin,
and this will always make Bitcoin ten step ahead of other coins.
I think that is the reason why whenever the price of Bitcoin drops,
it affect the price of most coins. One way or the other Bitcoin have
a very strong influence in most of the other crypto currency.  

As time passes by, it becoming glaring that Bitcoin will soon become
the world currency in the future.
pooya87
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June 28, 2018, 03:06:01 AM
 #9

well as long as we don't have any other proper cryptocurrency, then yes.
so far what we have is altcoins that are only used for speculation and pump and dumps. and that means people aren't going to take them seriously more than the time their pumping period lasts. and they do it in order to earn more of the serious currency which is bitcoin and fiat as their profit. so it is understandable for bitcoin to be the "point of reference".

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kastara
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June 28, 2018, 03:31:38 AM
 #10

If I think bitcoin remains a reference to other coins because bitcoin is the first currency exchange tool so I think that the replaceable bitcoin is not possible.
CoinsGazer
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June 28, 2018, 03:32:15 AM
 #11

Yes. Basically, the rest of cryptos step in line which leading by Bitcoin market trend and no matter it is uptrend or downtrend.
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June 30, 2018, 10:07:33 AM
 #12

In market btc is the most famous currency based on this btc is given the highest facilities to their customers also this currency suddenly down because of investment also demand and supply also I agree your term you mentioned based on this we should invest more here.
salinagomez
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June 30, 2018, 03:20:13 PM
 #13

Well, I think yes. Bitcoin is the mother of all cryptocurrencies from the very beginning. I think in future it will play its role like USD. Moreover, BTC is the king of all cryptocurrencies and it has a very good potential to invest.
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June 30, 2018, 03:30:49 PM
 #14

bitcoin is the most popular and most truestable one but we can never guess what will the upcoming future will bring, it's a competitive market so crypto currency market will allow new arrivals if they found it profitable
nmthu2209
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June 30, 2018, 04:07:22 PM
 #15

November 2017 is a time when people have a strong belief in money. They saw signs of rising, rushed to buy. Thanks to that, Bitcoin is gaining momentum. Other currencies also increase accordingly. But every market can not grow forever, it is gradually stabilizing. It's time to return to the right track, ignoring the expectations of investors.
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June 30, 2018, 04:35:52 PM
 #16

Knowing that Bitcoin is the first successful cryptocurrency to emerge in the crypto world it has undoubtedly taken the spot as the "root" of all digital currencies and will always serve as a reference to any other after it. But knowing the unpredictable world of crypto that notion remains to be seen.
cryptomonotize
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June 30, 2018, 04:44:30 PM
 #17

Bitcoin is the first cryptocurrency ever and also it has presented a technology called Blockchain. So obviously other cryptocurrency's value will affected by bitcoin. Actually we are seeing now. All the coins value tends to follow the price of bitcoin. So it is the pioneer of all cryptocurrencies and will remain as such.
KurtEldon
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June 30, 2018, 06:43:38 PM
 #18

As we see the USD ($) as a point of reference and determiner of value for most national currencies on the international market, will bitcoin as the mother of cryptocurrency be the determiner and reference point for the value of other crypocurrencies with time. I have witness that all newly coins aspire to get to where bitcoin has gotten to and even beyond and it baffles my mind that for sure will there be a potential coin to by pass bitcoin and serve as a reference point.
Well yes bitcoin has been ranked top and was the first ever coin, but this market is unpredictable you never know which coin can rise or fall. Coins like PRG, ICX are working great and they can totally be at a position where they can lead the market.
HaroldConway
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June 30, 2018, 07:34:11 PM
 #19

As we see the USD ($) as a point of reference and determiner of value for most national currencies on the international market, will bitcoin as the mother of cryptocurrency be the determiner and reference point for the value of other crypocurrencies with time. I have witness that all newly coins aspire to get to where bitcoin has gotten to and even beyond and it baffles my mind that for sure will there be a potential coin to by pass bitcoin and serve as a reference point.
Bitcoin is excellent. The way it works and how it has maintained its position uptil now. However, there are coins like TAU, DRGN which we all can see are progressing at a great pace. They can take hold of the market very soon too.
ultra insting
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June 30, 2018, 08:13:23 PM
 #20

This is an  digital currency number one and i think bitcoin will can be the point of referance for other cryptocurrencies for ever
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