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Author Topic: If bitcoin will die then crypto market will die confirm!  (Read 266 times)
Inkdatar
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November 11, 2020, 12:13:48 PM
 #21

Bitcoin will die when people started to hate it. But as we can see, it is really far and people are just getting started from what bitcoin truly is. If it die because of uncertainty and doubt, market will fall as well. Altcoins are dependent to what bitcoin price is. Imagine if it almost a worthless coin, then a chaos will happen in market. But it does not happen because there are many holders of btc who are trusted that bitcoin will rise up when time comes.
This is true there’s a total chaos if bitcoin will about to die. But, as we can observe these days there are other platform adopt bitcoin so we can see it is improving and the adoption is increasing. So the crypto market is volatile and even more stronger because of the user itself who truly believe in the future of bitcoin. And I can't see it will about to die rather it will be increasing it's growth.
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November 11, 2020, 12:22:59 PM
 #22

I dont think so. If bitcoin dies, it will be a huge loss to the crypto market. It will absolutely harm the whole system and it might take many years for the market to recover. However, I doubt that it will make the crypto world disappear. We currently have many astonishing projects which are very promising. And their professional devs will not easily give up everything they have been doing with all their hearts. Our market will continue to survive with a lot of struggle. But it will soon once again rise and prove to the world that crypto is not only about bitcoin

The delusion of the death of bitcoin can hardly happen. Bitcoin is the largest crypto right now and people will not let bitcoin dies simply. If there is an issue with bitcoin, definitely there will be not just a guy but a whole squad will be there to resolve it. Numerous of people are putting their fate on bitcoin so dont worry about this situation. It can not occur in the next 50 years  Wink
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November 11, 2020, 12:27:10 PM
 #23

I believe bitcoin will never die.
I believe that bitcoin is considered as a force in the crypto market so the crypto market cannot survive without bitcoin. Bitcoin can be presented as the king of the crypto market. Bitcoin acceptance is growing exponentially and Bitcoin has gained legally acceptance in many countries where they are using bitcoin in various fields of business.
This is my heart thinking and i believe it. 

They are being manipulated by whales for sure. They are controlling the market I believe, and they decide whether to make a selloff or pump it hard. Bitcoin is the mother of all cryptocurrencies, so it may influence altcoins to go wherever BTC is going (with the exception of stablecoins though). However, it seems that the market is more mature than ever. I just don’t know what would be the effect if quantum computers are gonna threaten blockchain, but they have to be sure that there will be countermeasures or some form of resistance about that. Just saying.

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November 11, 2020, 01:47:57 PM
 #24

I believe bitcoin will never die.
I believe that bitcoin is considered as a force in the crypto market so the crypto market cannot survive without bitcoin. Bitcoin can be presented as the king of the crypto market. Bitcoin acceptance is growing exponentially and Bitcoin has gained legally acceptance in many countries where they are using bitcoin in various fields of business.
This is my heart thinking and i believe it. 
I think altcoin can stand in their own feet especially in defi wherein they are pegging into stable coin like usdt and tusd. Also I don't believe that bitcoin will die, if you are in this market for so long you may see how many times that we thought bitcoin is going to die for sure, the rice of it goes lower and lower each day but as we can see now it almost like 18k or something last time. Altcoin mayb be affected really hard but it won't die too.

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November 11, 2020, 01:55:19 PM
 #25

I believe bitcoin will never die.
I believe that bitcoin is considered as a force in the crypto market so the crypto market cannot survive without bitcoin. Bitcoin can be presented as the king of the crypto market. Bitcoin acceptance is growing exponentially and Bitcoin has gained legally acceptance in many countries where they are using bitcoin in various fields of business.
This is my heart thinking and i believe it. 

I do believe that altcoins and their blockchains can survive without Bitcoin(even though I'm not a fan of altcoins).
The question is how big will this altcoin market be?I think that it will be 10 times smaller without Bitcoin.
Bitcoin Core is the cryptocurrency which brings trust,authority and safety in the cryptocurrency market.
Without BTC,the crypto market will be just a bunch of pump&dump altcoins+tokens issued by shady crypto projects.There are a few legit altcoins,like ethereum,but I don't think that they will ever going to reach the level of acceptance and trust that Bitcoin Core has.

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November 11, 2020, 02:02:12 PM
 #26

Bitcoin is the gateway to the cryptocurrency world entirely and without bitcoin development in the blockchain industry will not be visible or recognized because bitcoin is the first and the leading crypto. But that not withstanding the blockchain technology has grown into several branches which can sometimes act independent of bitcoin.
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November 11, 2020, 02:12:22 PM
 #27

It will not literally die in my opinion it's a decentralized market and anyone can put price to the Bitcoin if you are going to look at the Bitcoin's price right now I don't really think it will die also even if the Bitcoin will die I don't really think that the other cryptocurrency in market will die.

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November 11, 2020, 02:25:22 PM
 #28

I hope so the bitcoin will never die but we don't sure yet maybe if there is a new coin create that is more potential that is the time bitcoin rank will low but dying I think is very low percentage to happen. We want to live longer the bitcoin in the crypto world because it gives us to earn money and it is great oppotunity now that you can have it than the others.
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November 11, 2020, 02:51:42 PM
 #29

I remain skeptical if bitcoin will die though it is very possible when the planet earth burst. Being in normal state of mind and treat the world of crypto currency as a digital place where it is intangible and yet existing. Difficult for me to think that bitcoin will die even i will convinced myself. The reality will reveal the truth. We are tangible playing in intangible world.
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November 11, 2020, 03:00:26 PM
 #30

All crypto in the market depend on bitcoin unless other crypto will step up like the possible cryptocurrency to be issued by the government. High chance that even without bitcoin these kind of crypto will survive within that country on where it was being created.

Yet, bitcoin really dominated and all other crypto in the market are altcoins only to bitcoin. If bitcoin will be losing its value (which will never going to happen)
 then all altcoins too will going to lose also its value.
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November 11, 2020, 03:34:07 PM
 #31

There must be a cause and effect if bitcoin really dies, but for now it is unlikely that bitcoin will die, because Bitcoin is already very dominant, but if bitcoin dies it will be difficult for altcoins to survive because Bitcoin has become the benchmark for all altcoins, and so to speak. Dead Bitcoin is just bullshit.

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November 11, 2020, 03:38:28 PM
 #32

I have a different point of view with you. Bitcoin main focus is to be a digital currency, but since it has volatility and scalability issues, it became a digital asset. How often people in here used bitcoin as a currency, instead of hodling or trading? In crypto market, there’s a lot of crypto asset. I believe, even all of crypto that listed on cmc die, it wont makes crypto market die. Because crypto can be used as a proof of ownership of something. So that thing will be tradeable in the market.
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November 11, 2020, 03:39:35 PM
 #33

I couldn't agree less.  Bitcoin in some ways is where it is because it was first.  As we can currently see very well, there are still some major inherent issues with bitcoin that we are struggling to fix.  Now I think these issues ( slow/expensive confirms for example) are fixable but it's entirely possible a better bitcoin comes along in my mind.  It's possible there's a better bitcoin out there right now. 

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November 11, 2020, 03:41:19 PM
 #34

Not a chance!

Your scenario is like saying "if the US Dollar dies, does all currency die?" No. It won't. Bitcoin is one currency among 100s. In fact if something where to happen to Bitcoin it would probably open space for another currency to come in fill the void.

Altcoins = cannot stand alone as cryptocurrency market

I don't agree with this at all! The altcoin market, i.e., every currency that isn't bitcoin, is significant and strong and able to stand on its own. This statement may have been true 6+ years ago, but not today.
Bitcoin is most of the time being referred to cryptos as a whole, whenever a topic about cryptocurrencies, is being discussed which is not surprising because it is considered to be the top crypto and it has a wide community of users. But I also doubt that it would be enough to pull down the crypto market, if it will "die" for some unknown reason. There are various cryptos in this industry. Bitcoin is indeed a strong one but for sure those people under Bitcoin will be forced and will choose to move to other cryptos than to leave this industry. As long as cryptos are profitable, there will still be people who will remain.



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November 11, 2020, 04:06:52 PM
 #35

All crypto in the market depend on bitcoin unless other crypto will step up like the possible cryptocurrency to be issued by the government. High chance that even without bitcoin these kind of crypto will survive within that country on where it was being created .After 10 years every country use this technology that's no doubt but without btc crypto is nothing .
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November 11, 2020, 04:35:27 PM
 #36

Everything on crypto relies on Bitcoin because it's one of the strongest foundations of the cryptocurrency world. So I think if Bitcoin would die, that will be the downfall of all cryptocurrencies but that will be hard and impossible to happen right now. Bitcoin has passed all the tests of time so I'm sure that its foundation is strong enough to face all the challenges in the future.
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November 11, 2020, 04:43:44 PM
 #37

I believe bitcoin will never die.
I believe that bitcoin is considered as a force in the crypto market so the crypto market cannot survive without bitcoin. Bitcoin can be presented as the king of the crypto market. Bitcoin acceptance is growing exponentially and Bitcoin has gained legally acceptance in many countries where they are using bitcoin in various fields of business.
This is my heart thinking and i believe it. 

No! Bitcoin will never die , I believe it no matter what happen ,either government regulate or ban it people will always find a way to use bitcoin. It is very popular now and the demand are keep on increasing which means it will last for a long time.

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November 11, 2020, 04:46:20 PM
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Not a chance!

Your scenario is like saying "if the US Dollar dies, does all currency die?" No. It won't. Bitcoin is one currency among 100s. In fact if something where to happen to Bitcoin it would probably open space for another currency to come in fill the void.

Altcoins = cannot stand alone as cryptocurrency market

I don't agree with this at all! The altcoin market, i.e., every currency that isn't bitcoin, is significant and strong and able to stand on its own. This statement may have been true 6+ years ago, but not today.
But which coin do you think has the potential to carry this market, we must remember that a great deal of coins are just derivative works from what satoshi first did, so if bitcoin fell, something very unlikely, then most likely whatever flaw that caused the fall of bitcoin will be present in 99% of altcoins out there and they will fall as well.

Also we need to take into account one of the most important factors if so many coins happen to crash and disappear with bitcoin and a fortune is lost in the process what sane person is going to trust this market again? So I really think that if bitcoin dies this market will die with it.
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November 11, 2020, 05:08:43 PM
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See we have to understand things that exist within our geographical environment, it's really obvious and clear to everyone that bitcoin was created 2009 and does mean that bitcoin will be wave away or been eliminated in the world, it's quite clear and understanding that no bitcoin, no cryptocurrency, so looking at cryptocurrency especially bitcoin their is no difference between cryptocurrency generally and money, so provided that money is in existence bitcoin will keep on moving forward.

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November 11, 2020, 05:26:02 PM
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I believe bitcoin will never die.
I believe that bitcoin is considered as a force in the crypto market so the crypto market cannot survive without bitcoin. Bitcoin can be presented as the king of the crypto market. Bitcoin acceptance is growing exponentially and Bitcoin has gained legally acceptance in many countries where they are using bitcoin in various fields of business.
This is my heart thinking and i believe it. 
Well no one knows what bitcoin when die as long as it in the market, because bitcoin is all about marketing and profit that can earn by people who wants to start, yes it is bitcoin is king of all how ever when we talk about those altcoin cannot be standalone however not that bitcoin can grow that fast because we knew that some countries ban bitcoin as they know bitcoin is illegal doing, but other companies are mining as they part of they business.
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