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Author Topic: Will The Sorrow of BTC Be The Pleasure of Altcoins?  (Read 584 times)
blockman
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August 16, 2021, 02:38:20 PM
 #61

when there is a correction against BTC, almost all altcoins will also experience a correction and tend to be larger, and that has been the case for years
Yes, majority of the altcoins are also going to have their own corrections following bitcoin with that move. From time to time, that's always the thing about bitcoin and altcoins connection and even with Ethereum, it's also affected by bitcoin whenever the price falls.

Bitcoin will remain the strongest.
That's going to be the case as most of the time, bitcoin will remain to be at the top spot all the time. Despite many have thought and tried to pull it down, no one has ever been lucky and succeeded.

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avarnet
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August 19, 2021, 04:14:23 PM
 #62

I think that if the mother of cryptocurrency is lost, it is impossible, because Bitcoin (BTC) will definitely not be lost or muted in the crypto market, because no matter how altcoins grow like winter mushrooms, BTC and ETH will always accompany under them, ,,and I don't think cryptocurrency enthusiasts will easily disappear without an absolute ban by the local government

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Zulkifli BI
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August 19, 2021, 08:26:06 PM
 #63

The word "Alt-coin" should mean "Alternative Coins". And the word alternative in a layman's language should mean having an obvious option. Example, having an alternative plan means I can decide to use Plan B, most especially if plan A may not favour me at that time. Also, Coffee is an alternative to Tea, in this scenario, alternative is a choice and not a measure of importance. In a situation where an alternative is a choice, is therefore means that the Sorrow of one will be the pleasure of the alternative.

Relating this to cryptocurrency, if BTC who is the mother of Cryptocurrencies and who has gained extensive trust ceases to exist today, will altcoins flourish or will it make the people loose total interest in cryptocurrency.

if bitcoin has lost the trust of everyone then there are definitely no more cryptocurency users in the world. because bitcoin is the ICON of the world's cryptocurrency. Maybe many people don't know "altcoin" but everyone has heard the name "Bitcoin". so if bitcoin does not exist then cryptocurency will not exist.

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Kasabus
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August 19, 2021, 11:04:33 PM
 #64

The word "Alt-coin" should mean "Alternative Coins". And the word alternative in a layman's language should mean having an obvious option. Example, having an alternative plan means I can decide to use Plan B, most especially if plan A may not favour me at that time. Also, Coffee is an alternative to Tea, in this scenario, alternative is a choice and not a measure of importance. In a situation where an alternative is a choice, is therefore means that the Sorrow of one will be the pleasure of the alternative.

Relating this to cryptocurrency, if BTC who is the mother of Cryptocurrencies and who has gained extensive trust ceases to exist today, will altcoins flourish or will it make the people loose total interest in cryptocurrency.

if bitcoin has lost the trust of everyone then there are definitely no more cryptocurency users in the world. because bitcoin is the ICON of the world's cryptocurrency. Maybe many people don't know "altcoin" but everyone has heard the name "Bitcoin". so if bitcoin does not exist then cryptocurency will not exist.
There's no reason for altcoins to be in pleasure because once bitcoin loses its value, altcoins will definitely lose its value too. Yes, bitcoin is even more popular compared to altcoins and so people recognized bitcoin as the king of crypto while altcoins are only those coins used to become alternatives when they think bitcoin is not enough.

However, when the whole crypto market seems bullish because of bitcoin, eventually potential altcoins too will come up surging their prices. Only those altcoins with low potentials will remain undervalued.

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Oilacris
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August 19, 2021, 11:30:42 PM
 #65

The word "Alt-coin" should mean "Alternative Coins". And the word alternative in a layman's language should mean having an obvious option. Example, having an alternative plan means I can decide to use Plan B, most especially if plan A may not favour me at that time. Also, Coffee is an alternative to Tea, in this scenario, alternative is a choice and not a measure of importance. In a situation where an alternative is a choice, is therefore means that the Sorrow of one will be the pleasure of the alternative.

Relating this to cryptocurrency, if BTC who is the mother of Cryptocurrencies and who has gained extensive trust ceases to exist today, will altcoins flourish or will it make the people loose total interest in cryptocurrency.
Not all the times and you would able to definitely say that when you do have already gained up some experience on this market.This had always not be the case because price of bitcoin and altcoin wont really be that
correlating to each other it could neither Bitcoin is on the pumping state and so as with the altcoins will follow and wont really be making some opposite path but sometimes it is really on the dumping situation.

It is really hard to tell and that what makes this market unpredictable or cannot really be known in terms of making some patterns or presuming those similar scenario that do happen.

Its not bad to make out some presumptions but that would be entire be in random because sentiments or news could possibly affect movements.
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