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Author Topic: Will alts really die once BTC starts climbing unbelievable highs?  (Read 852 times)
niisarearning
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May 08, 2019, 12:10:13 PM
 #41

Not all alts Ethereum , EOS , NEO ,NEM  even there is lots of platform giving real solution but >bitcoin price hike always effect other altcoins atleast for short run . So bitcoin climb healthy for other altcoins growth.
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May 08, 2019, 01:12:26 PM
 #42

There is no way altcoins are gonna die even if Bitcoin is worth $100k. Altcoins present a certain kinda balance to the crypto market. Each altcoin has specific roles  they play in the crypto ecosystem. Altcoins also introduce  different  features to the blockchain technology. Ethereum for instead introduced the smart contract protocol onto the blockchain platform which totally eliminated the third party system used in the transaction of goods and services.
Agree that altcoin will not die even if the value of bitcoin reaches a very high price because as you say, the features of each altcoin always contribute to building services and systems in the field of crypto, and with projects that always use these features, eliminating or making altcoin completely dead is difficult. However, not dead but that is not a good thing with altcoin when bitcoin's value climbed to an unbelievably high level, market capitalization will almost focus on bitcoin, altcoin will become very cheap and people will no longer be interested in investing, the holders will suffer great losses

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May 08, 2019, 01:35:28 PM
 #43

I think the old and trusted coins will not die even if bitcoin will reach 500,000$ or more, they will still be used and will still have some value, i reffer to coins like Ethereum, Litecoin and others who already have an history on market.

I think the same thing. Altcoins are an integral part of Bitcoins eco-system and will remain so forever. Surely many shitcoins will die, but good and well known coins like Litecoin and others, will certainly not die because of a high Bitcoin price. Max Keiser has already met many statements that have not come true. Therefore I would not believe everything he claims.  Wink
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May 08, 2019, 01:45:58 PM
 #44

There are some alts in the market that once the bitcoin starts to have a nice pump the value also of some alts get pump, not all coins are bitcoin dependent because they had their own data that can make the price move in different directions.
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May 09, 2019, 04:05:40 PM
 #45

Alts are part of a big ecosystem.
At the moment btc rises and alts bleed because no new money are flowing in.
Alts always will survive even in 10 years.
At some point people will hold btc and speculate with alts!
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May 09, 2019, 07:32:38 PM
 #46

No.
Hope, or rather greed and delusion, springs eternal. The higher and more dominant BTC gets, the more shit there'll be scrabbling in the mud claiming its turn is next. In terms of shitcoins we ain't seen nothing yet.
There's a near infinite supply of the stupid and greedy. Shitcoinland may go deeper into obscurity. It's never going away.

The latest bull run proved that the situation can be quite different. When Bitcoin starts growing really high, altcoins go after it. Some of the tokens gain (in percents) even more than BTC.
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May 10, 2019, 09:00:32 AM
 #47

No.
Hope, or rather greed and delusion, springs eternal. The higher and more dominant BTC gets, the more shit there'll be scrabbling in the mud claiming its turn is next. In terms of shitcoins we ain't seen nothing yet.
There's a near infinite supply of the stupid and greedy. Shitcoinland may go deeper into obscurity. It's never going away.

The latest bull run proved that the situation can be quite different. When Bitcoin starts growing really high, altcoins go after it. Some of the tokens gain (in percents) even more than BTC.

No mate, it's not the same case this time as I believe that whatever we expect from crypto markets, it does always opposite of the same and when big players already know that there's not much steam left in the altcoins' trading game and all the money is being shifted to margin trading for much better returns, this time it'll prove to be a lot more different than before. I don't say that alts may die completely, but the way many of then were overvalued, it's time for them to see the real action by the whales who will put innocent people into traps again (the way they had been doing so far) and then throw those alts into graveyard by making their values go least in USD and BTC alone will rule.

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May 10, 2019, 09:05:49 AM
 #48

No mate, it's not the same case this time as I believe that whatever we expect from crypto markets, it does always opposite of the same and when big players already know that there's not much steam left in the altcoins' trading game and all the money is being shifted to margin trading for much better returns, this time it'll prove to be a lot more different than before.

Emotion and perception go in cycles hand in hand with price.

We all know almost all alts are junk and will never achieve shit. They've done nothing other than sit there and look worthless in the year and half since they were supposed to put your prostate on the blockchain. People are bored and disenchanted with them and rightly so.

As soon as there's a whiff of bubbledom they're going to come roaring back. I don't think there'll be anything as pathetic and enticing as ICOs ever again, but unit bias and the perception of 'getting in early' are universal human traits which will never go away.

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May 10, 2019, 09:57:16 AM
 #49

I cannot disagree more with the original comment. A strong BTC definitely doesn't mean the end for all alts. This would only be the case if all functionality offered by all alts was available via BTC in a superior way - and that is not the case at all.
BTC doesn't offer smart contracts for example - so for a strong BTC to mean the end of ETH, ADA, EOS and so on, it would also mean a strong BTC means the end of smart contracts - and that just won't happen. There are plenty of coins out there that have real use-cases where BTC is not and will never be the answer.
Yes, BTC market dominance is increasing - as it often does during a bear run as BTC is more resilient. Similarly at the start of a bull-run BTC gets stronger as more money comes into crypto via the BTC gateway. But as a bull-run goes on, BTC tails off and alts grow stronger again.






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May 10, 2019, 10:03:39 AM
 #50

BTC doesn't offer smart contracts for example - so for a strong BTC to mean the end of ETH, ADA, EOS and so on, it would also mean a strong BTC means the end of smart contracts - and that just won't happen. There are plenty of coins out there that have real use-cases where BTC is not and will never be the answer.

No one gives a fuck about functionality. All they want is more dollars.
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June 28, 2019, 11:45:32 AM
 #51

BTC doesn't offer smart contracts for example - so for a strong BTC to mean the end of ETH, ADA, EOS and so on, it would also mean a strong BTC means the end of smart contracts - and that just won't happen. There are plenty of coins out there that have real use-cases where BTC is not and will never be the answer.

No one gives a fuck about functionality. All they want is more dollars.

I do give a fuck about functionality, everything is not about the money.
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June 28, 2019, 03:04:29 PM
 #52

I did not see any of the altcoin dying because Bitcoin keep move up in an unbelievable rate. What is happening now is, few of them are following bitcoin in this bullish trend we are seeing now but that do not mean coins like dash and zcash that do have positive relationship with bitcoin in it directions are not going to get bullish again or dying. Some of the owners of these coins really needs to develop their projects and marketing in away that there will not depend on bitcoin for growth. However, many of the coins that are not ready for this should be ready to be out of the market in no time!
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June 28, 2019, 04:01:07 PM
 #53

https://ethereumworldnews.com/crypto-vcs-bitcoin-nears-100000-2021-altcoins-die-off/amp/

Watched this.
Heisenberg Capital, led by Max Keiser and Stacy Herbert, two of the most early cryptocurrency adopters, gave a statement that BTC will probably outperform in the near term and will end the whole game for alts as the whole capital is currently being fetched out of alts and being put in BTC only to make it realize its true value. They believe that 2018 was all a comeback for Bitcoin to claw back the market share out of altcoins.

I've been watching and I'm seeing each and every of their word to be getting proven true as all the alts are just declining and people are trying to steal the only giant cryptocurrency - Bitcoins by only playing the leveraged trading games going on over Futures platforms and exchanges like Bitmex. The volume for each alt is declining to their all time lows while BTC has started showing greater possibilities of breaking its all time record highs once again.

Please share your thoughts on this and tell me what do you think.

I don't completely agree with that message. I think it would be completely opposite and alts would rise once bitcoin has reached certain threshold. People like to diversify their portfolio and it would be very difficult to put all that in just one bitcoin. There is less reward for those investing.

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June 28, 2019, 04:06:48 PM
 #54

I don't completely agree with that message. I think it would be completely opposite and alts would rise once bitcoin has reached certain threshold. People like to diversify their portfolio and it would be very difficult to put all that in just one bitcoin. There is less reward for those investing.
some altcoins are seen as having high potential. help them not sell it for bitcoin. especially at very cheap prices. it will not provide the same benefits even though we store bitcoin. waiting for the altcoin to grow and having a reasonable price is the best choice.

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June 28, 2019, 04:49:23 PM
 #55

actually altcoin isn't dead, it's just that it's not time for altcoins to go up. I hope so, so we just wait for the time and not because they die
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June 28, 2019, 04:54:55 PM
 #56

https://ethereumworldnews.com/crypto-vcs-bitcoin-nears-100000-2021-altcoins-die-off/amp/

Watched this.
Heisenberg Capital, led by Max Keiser and Stacy Herbert, two of the most early cryptocurrency adopters, gave a statement that BTC will probably outperform in the near term and will end the whole game for alts as the whole capital is currently being fetched out of alts and being put in BTC only to make it realize its true value. They believe that 2018 was all a comeback for Bitcoin to claw back the market share out of altcoins.

I've been watching and I'm seeing each and every of their word to be getting proven true as all the alts are just declining and people are trying to steal the only giant cryptocurrency - Bitcoins by only playing the leveraged trading games going on over Futures platforms and exchanges like Bitmex. The volume for each alt is declining to their all time lows while BTC has started showing greater possibilities of breaking its all time record highs once again.

Please share your thoughts on this and tell me what do you think.

Alts will grow with bitcoin all together.. nobody will die

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June 28, 2019, 04:57:37 PM
 #57

This type of questions also thought by me about two days ago. Anyway, I think when bitcoin will go more higher  then most of the Altcoin will go away and only high ranked And new Altcoin (that time) will alive with the market. Here I thinking bitcoin price about more than 100k$.

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June 29, 2019, 03:27:17 PM
 #58

The good altcoin and strong altcoin will not die if bitcoin increase is so high, but they could follow to increase and adjust their price to the new price. We will see the selection of the altcoin soon, and the weak altcoin will be left by the community and also the team. The strong coin will survive in any situations, and even it could rise again after the cryptocurrency market stable for a while.

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June 29, 2019, 06:16:34 PM
 #59

I cannot disagree more with the original comment. A strong BTC definitely doesn't mean the end for all alts. This would only be the case if all functionality offered by all alts was available via BTC in a superior way - and that is not the case at all.
BTC doesn't offer smart contracts for example - so for a strong BTC to mean the end of ETH, ADA, EOS and so on, it would also mean a strong BTC means the end of smart contracts - and that just won't happen. There are plenty of coins out there that have real use-cases where BTC is not and will never be the answer.
Yes, BTC market dominance is increasing - as it often does during a bear run as BTC is more resilient. Similarly at the start of a bull-run BTC gets stronger as more money comes into crypto via the BTC gateway. But as a bull-run goes on, BTC tails off and alts grow stronger again.


Well, we can have this features as sidechain and we need something that works that is not bad for decentralization . 
It seems Bitcoin developers are not under pressure... They are probably taking their time and solving the problems gradually.
They may have lots of solutions to the Bitcoin problems but the likelihood of centralization have made them to be cautious
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July 01, 2019, 08:40:54 AM
 #60

BTC doesn't offer smart contracts for example - so for a strong BTC to mean the end of ETH, ADA, EOS and so on, it would also mean a strong BTC means the end of smart contracts - and that just won't happen. There are plenty of coins out there that have real use-cases where BTC is not and will never be the answer.

No one gives a fuck about functionality. All they want is more dollars.

I do give a fuck about functionality, everything is not about the money.
I don’t agree with you mate, everything we do in cryptocurrency should not all be about making money, we have to also think of the ease and convenience of doing businesses with cryptocurrency, you see, it is because people are beginning to go outside what cryptocurrency is meant for that they see it as just an industry to come, put money and multiply it for few dollars.

The time is coming that all of them will cry for these services, and I know that crypto will not always be mainly source of investment, there is more to crypto, but because we are still in its early stage of adoption, and because there are no form of regulation, that is why they feel it is just going to be useful for making few dollars alone. This is why government is nit paying to much attention to it too because we make it feel like It is a Ponzi scheme.
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