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Author Topic: Can Cryptocurrency Stand Without Bitcoin?  (Read 2230 times)
Fretcy
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July 28, 2018, 04:41:52 PM
 #21

As bitcoin is the first crypto currency in the crypto market bitcoins stands in the first position and no other crypto currencies can replace the first crypto currency as all other alternative crypto currencies are following the first crypto currency and people trust bitcoins as it is the first crypto currency and it has been in the crypto market since 2009. The crypto currency users trust bitcoins and only because of belief in bitcoins they put hands on alternative crypto currencies even though alternative crypto currencies are an updated version of the original bitcoins.

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Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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July 28, 2018, 04:45:51 PM
 #22

No cryptocurrency can't stand without bitcoin because bitcoin is most usable coin than other currencies also peoples are buying other altcoins from bitcoin, this is the payment method for buying other cryptocurrencies on exchanges also blockchain technology is backbone of bitcoin so other coins can't survive without bitcoin.
First buy bitcoin than other alt coins, Why I would like to buy bitcoin first, if I can buy any altcoin directly using dollar and some exchange support dollar pair.
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July 28, 2018, 05:06:29 PM
 #23

It's all about the blockchain. Bitcoin is just a member of that, which is what makes it valuable. But will it stay there forever? Well, that's kind of like assuming the IBM will be the only manufacturer of computer chips for the rest of eternity. I don't think that they can last forever, but they've certainly got the market cornered. They'll always have dominance over it, just like Bitcoin does over crypto, but eventually, somewhere, someone will find a better solution. Something more scaleable, faster, and practical.
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July 28, 2018, 05:23:26 PM
 #24

I mean Why bitcoin? Why waste huge energy in mining. As everyone know bitcoin is useless in terms
of usability.
My question to bitcointalk users :

Is this possible that any altcoin become no 1 on coinmarketcap and bitcoin disappeare

I think this can be possible, what you think so comment below...


Well, I believe that nothing is imposible in this world everything can possible to happen. However, I dont think so if bitcoin will disappear because as per our speculation it will be possibly be the alternate currency to fiat currency in the near future.

R


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July 30, 2018, 01:12:14 PM
 #25

Noboby has seen future in this trading market but as per the current crypto market structure, disappearance of BTC is hard to digest. If this happens by any means, crypto market shall go down as BTC is currently the king of cryptocurrencies and its fall will result in market panic and loss of trust of the investor will be seen. With time, other cryptocurrency can surely become extensive as this crypto revolution is not going to end whether bitcoin stays or not.
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July 30, 2018, 01:20:06 PM
 #26

as my point of view, we can't get rid of bitcoin since it's the first cryptp coin and all the exchanges are based on him!!

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July 30, 2018, 01:24:49 PM
 #27

According to my opinion,bitcoin is first currency.Blockchain is technology behind Bitcoin.It´s difficult to imagine that cryptocurrency world exist without Bitcoin but it is possibile in the crypto world.

All i know cryptocurrency begins with btc and it raises a large numbers of users.So,crypto cannot stand without btc.Its the mother of all coins.
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July 30, 2018, 01:29:10 PM
 #28

Altcoin can grow without bitcoin! Bitcoin is also just a crypto that has been successfully developed on Blockchain! Bitcoin or any altcoin can be replaced by a better altcoin!
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July 30, 2018, 01:33:17 PM
 #29

I mean Why bitcoin? Why waste huge energy in mining. As everyone know bitcoin is useless in terms
of usability.
My question to bitcointalk users :

Is this possible that any altcoin become no 1 on coinmarketcap and bitcoin disappeare

I think this can be possible, what you think so comment below...


From the look of things, bitcoin seem to be the lead anchor to happenings in cryptoworld. If it goes up, the rest of the other cryptocurrencies responds. And the same thing happens when it goes down.

However, I think that cryptocurrency will stand without Bitcoin.

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July 30, 2018, 01:36:36 PM
 #30

I mean Why bitcoin? Why waste huge energy in mining. As everyone know bitcoin is useless in terms
of usability.
My question to bitcointalk users :

Is this possible that any altcoin become no 1 on coinmarketcap and bitcoin disappeare

I think this can be possible, what you think so comment below...



Of course it can be, but soon it will not, because the dominance Bitcoin increases, now 47%.
Bitcoin dominance increases because traders including me not willing to trade right now due to bitcoin pump and dump, one day pump next day dump. Only few peoples are playing the games and all others are loosing their money.

 I supposed everyone here is either Bitcoin follower, investors, traders, etc.etc.. I can't not imagine the crypto market without Bitcoin in the future, the market will be slow, dumb, no more excitement, and would be sluggish market with out Bitcoin.....

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July 30, 2018, 01:43:47 PM
 #31

I think until the market without bitcoin can not exist, big investors invest money in bitcoin, but in 5 years it can change.

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July 30, 2018, 01:48:02 PM
 #32

Probably not. Because, bitcoin is the parent of cryptocurrency. They follow the bitcoin price and although there is more expensive cryptocurrency than bitcoin like NANOX, bitcoin remains a mother

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July 30, 2018, 01:52:25 PM
 #33

Bitcoin is important but most important thing is blockchain bitcoin is big coin and it required to exchange other coin and bitcoin is many advantages.

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July 30, 2018, 01:58:13 PM
 #34

Bitcoin now is so popular that everyone knows more than any coins out there, but if bitcoin is gone, i think the other coins or altcoins can stand out without bitcoin because they has also a value or even their value maybe raise up.
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July 30, 2018, 02:10:49 PM
 #35

i am sorry about your losses, i truly am. but by keeping your head in the sand while bag holding a bunch of useless altcoins you won't be able to make what you have already lost back.
what you need to do is start opening your eyes and seeing the reality of this market and then learn from the mistakes of your past instead of trying to spread laughable nonsense Wink

There is a FOMO brewing...
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July 30, 2018, 02:15:46 PM
 #36

As everyone know bitcoin is useless in terms
of usability.
Who are these individuals you are calling as everyone who knew it that bitcoin is useless in terms of usability?

And what altcoin you prefer to see that will kick bitcoin on its throne? I'm still evaluating that you aren't out of your mind.



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July 30, 2018, 02:18:36 PM
 #37

Possibly, but not now. Eventually, when something really disrupt this whole blockchain era. Something that will be actually used globally without too much restrictions, boundless reach. But that maybe is still not now, but who knows. Some alts now are proving their worth and compared to bitcoin, has really sunstantial potential. Only time will tell.
Honestly crypto currency is not just about bitcoin so it can really stand without it. Well that's only possible soon once crypto currency cemented its strength. As of now bitcoin is a well-known system and it's the asset of crypto currency. Time will come that bitcoin willis be forgotten but for now it's the strength of crypto currency.
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July 30, 2018, 02:20:36 PM
 #38

I mean Why bitcoin? Why waste huge energy in mining. As everyone know bitcoin is useless in terms
of usability.
My question to bitcointalk users :

Is this possible that any altcoin become no 1 on coinmarketcap and bitcoin disappeare

I think this can be possible, what you think so comment below...



As see things is that I do not think so, because of Bitcoin the cryptocurrency become trend and known on this industry, then altcoin is next and other cryptocurrency. In this world I do not think that bitcoin will disappeared in just a snap. And as of now, many crypto users known Bitcoin as a Mother of digital currency and it will never be vanish away.

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July 30, 2018, 02:29:28 PM
 #39

Bitcoin is one important thing in cryptocurrency and I think it is crucial for crypto to have bitcoin since it is a strong power. Maybe crypto wouldn't stand without bitcoin

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July 30, 2018, 03:45:09 PM
 #40

For me, it would be hard for Cryptocurrency to survive without Bitcoin because as we all know, Bitcoin is the best and the biggest coin in the Cryptocurrency market and most investors really choose Bitcoin and we cannot deny that fact.
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