Bitcoin Forum
May 23, 2024, 10:46:56 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 2 3 [4]  All
  Print  
Author Topic: Is the absance of Bitcoin affect the crypto Industry?  (Read 410 times)
bocyaj
Sr. Member
****
Offline Offline

Activity: 1326
Merit: 308



View Profile
December 14, 2023, 09:14:17 PM
 #61

Hope you are all doing well.
We all know that Bitcoin is the most powerful cryptocurrency in the crypto Industry and every 4 years, it crosses the previous ATH. A few hours ago I read an article where the founder of Cardano says that the crypto industry does not need Bitcoin for survival. Further, they elaborate these arguments through an example that in the old times a window was needed for computers to run and now the mobile phone does not need a window and can do good work. (actually showing the shift from windows to mobiles)
The meaning of the example is that in the old times, Bitcoin was necessary for the industry but for now the industry is independent or maybe some want a better option but in my view, the survival of the crypto Industry without Bitcoin is not possible because Bitcoin is a very huge system and the miner and users make a strong base for the cryptocurrency security and stability. This is just one and I know more factors also show that without Bitcoin crypto industry does not survive.
Guys what you think share your taughts?
Source



Bitcoin was the king of the cryptocurrency market,do you think the forest will survive for the longer period without the king Lion.It’s merely not possible one for the crypto market to survive without the bitcoin.If the new people come to trade of crypto currency,their first option without any hesitation will be the bitcoin.Nearly ninety percent of the new people was investing their first money in the bitcoin was said by one of the company.The survival of the bitcoin was above decade,we don’t know whether the Cardano had the potential to survive for the decade.Surely the opinion of most of us will be no,because survival in the current economic conditions is not easy one.

I would say it definitely it is. Although I don't think the whole crypto market will shut down without bitcoin, but I guess the people who have been investing in bitcoin might also lost their interest to stay longer in the market thinking that they can't trust any other coins more than bitcoin. The crypto industry evolves more on bitcoin, and if bitcoin will be suddenly gone, I honestly think that it will bring crypto industry down.

However, more altcoins will eventually rise in the market but knowing the reputation of altcoins, wise investors will never easily trust them so they might just leave the crypto market and prefer to invest in real estate or stocks or bonds.

The bitcoin was the back bone for now in the cryptocurrency market,before the 2017 many threads was made to predict the next high of the bitcoin.But now no thread was speculating the price of bitcoin because of the stable bull run in the bitcoin price.The demand of bitcoin is more to the demand of Cardano in the current market condition.This alone defines the demand of bitcoin and Cardano in the current market.

▄▄███████████████████▄▄
▄██████████████████████▄
███████████▀▌▄▀██████████
███████▄▄███████▄▄███████
██████▄███▀▀██▀██████████
█████████▌█████████▌█████
█████████▌█████████▌█████
██████████▄███▄███▀██████
████████████████▀▀███████
███████████▀▀▀███████████
█████████████████████████
▀█████▀▀████████████████▀
▀▀███████████████████▀▀
Peach
BTC bitcoin
Buy and Sell
Bitcoin P2P
.
.
▄▄███████▄▄
▄████████
██████▄
▄██
█████████████████▄
▄███████
██████████████▄
███████████████████████
█████████████████████████
████████████████████████
█████████████████████████
▀███████████████████████▀
▀█████████████████████▀
▀██████████████████▀
▀███████████████▀
▀▀███████▀▀

▀▀▀▀███▀▀▀▀
Available in
EUROPE | AFRICA
LATIN AMERICA
▄▀▀▀











▀▄▄▄


███████▄█
███████▀
██▄▄▄▄▄░▄▄▄▄▄
████████████▀
▐███████████▌
▐███████████▌
████████████▄
██████████████
███▀███▀▀███▀
.
Download on the
App Store
▀▀▀▄











▄▄▄▀
▄▀▀▀











▀▄▄▄


▄██▄
██████▄
█████████▄
████████████▄
███████████████
████████████▀
█████████▀
██████▀
▀██▀
.
GET IT ON
Google Play
▀▀▀▄











▄▄▄▀
Promocodeudo
Full Member
***
Online Online

Activity: 406
Merit: 218


Play Bitcoin PVP Prediction Game


View Profile WWW
December 27, 2023, 04:47:21 PM
 #62

This is just a singular person's view, in the crypto world, once there is no Bitcoin, people may be ripped of there money because we will face many face coins of all type, Bitcoin was created in a way that so many people even think that there is another coin inside bitcoin, the invention was very perfect apart from the transaction feed that needed to be modified to fit in the peoples expectation, if what he said is true why is that up till this moment some bitcoiners or digital money hunters don't want to hear anything about altcoin, they prefer not to go into what they do not know so that they won't regret being scammed, I will categorically as that without bitcoin the crypto industry would have gone into extinction, No bitcoin, no recognition of altcoin, this is my take.

Churchillvv
Full Member
***
Offline Offline

Activity: 406
Merit: 177


Eloncoin.org - Mars, here we come!


View Profile WWW
December 28, 2023, 04:25:42 AM
 #63

I don't know the man in the picture, but even if I had met him before now and his saying whatever he had said about Bitcoin, I wouldn't argue with him, because obviously everyone has the freedom of speech, so he has the right to say anything he wants to say.

I know too well that he is just an attention seeker who wants to be relevant in the scene, so he must do his best to be talked about. Here we go; we are already talking about him. But the fact is, can you uproot a tree without the whole body leaving the surface? absolutely No. So Bitcoin is the root, and alts are like the branches or leaves that, even if they are cut off, don't disturb the tree.

The market can't survive without Bitcoin so don't worry yourself about what people are saying concerning Bitcoin.

Strongkored
Legendary
*
Offline Offline

Activity: 2786
Merit: 1112


Leading Crypto Sports Betting & Casino Platform


View Profile WWW
December 28, 2023, 05:22:38 AM
 #64

Guys what you think share your taughts?
He forgets that until now even Bitcoin is still first on all exchanges.
Crypto may last a long time but all will only come and go while Bitcoin will last, we can see how new crypto always appears and only lasts some time because all its purpose is to enrich developers while Bitcoin is supported by a strong community that continues to develop so that Bitcoin is even stronger. And we are used to hearing crypto developers talk trash about Bitcoin without realizing they exist because Bitcoin already existed first.

..Stake.com..   ▄████████████████████████████████████▄
   ██ ▄▄▄▄▄▄▄▄▄▄            ▄▄▄▄▄▄▄▄▄▄ ██  ▄████▄
   ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██  ██████
   ██ ██████████ ██      ██ ██████████ ██   ▀██▀
   ██ ██      ██ ██████  ██ ██      ██ ██    ██
   ██ ██████  ██ █████  ███ ██████  ██ ████▄ ██
   ██ █████  ███ ████  ████ █████  ███ ████████
   ██ ████  ████ ██████████ ████  ████ ████▀
   ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██
   ██            ▀▀▀▀▀▀▀▀▀▀            ██ 
   ▀█████████▀ ▄████████████▄ ▀█████████▀
  ▄▄▄▄▄▄▄▄▄▄▄▄███  ██  ██  ███▄▄▄▄▄▄▄▄▄▄▄▄
 ██████████████████████████████████████████
▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄
█  ▄▀▄             █▀▀█▀▄▄
█  █▀█             █  ▐  ▐▌
█       ▄██▄       █  ▌  █
█     ▄██████▄     █  ▌ ▐▌
█    ██████████    █ ▐  █
█   ▐██████████▌   █ ▐ ▐▌
█    ▀▀██████▀▀    █ ▌ █
█     ▄▄▄██▄▄▄     █ ▌▐▌
█                  █▐ █
█                  █▐▐▌
█                  █▐█
▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█
▄▄█████████▄▄
▄██▀▀▀▀█████▀▀▀▀██▄
▄█▀       ▐█▌       ▀█▄
██         ▐█▌         ██
████▄     ▄█████▄     ▄████
████████▄███████████▄████████
███▀    █████████████    ▀███
██       ███████████       ██
▀█▄       █████████       ▄█▀
▀█▄    ▄██▀▀▀▀▀▀▀██▄  ▄▄▄█▀
▀███████         ███████▀
▀█████▄       ▄█████▀
▀▀▀███▄▄▄███▀▀▀
..PLAY NOW..
Pages: « 1 2 3 [4]  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!