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Author Topic: The future of cryptocurrency without Bitcoin  (Read 5352 times)

Offline Rafiq

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Re: The future of cryptocurrency without Bitcoin
« Reply #30 on: October 11, 2020, 08:35:00 PM »
Bitcoin is a trusted and reliable currency in the crypto world. As the price of Bitcoin rises and falls, so does the price of other cryptocurrencies. Bitcoin is called the king of cryptocurrencies. Also, Bitcoin acts as a price pair as opposed to many coins on different exchangers. It is also called the king of the crypto world. So I think the future of cryptocurrency without bitcoin is bleak.
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Re: The future of cryptocurrency without Bitcoin
« Reply #30 on: October 11, 2020, 08:35:00 PM »

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Offline Altcoin1998$

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Re: The future of cryptocurrency without Bitcoin
« Reply #31 on: October 11, 2020, 10:53:12 PM »
Impossible to pass a single day without bitcoin because in cryptocurrencies market bitcoin is the king and all others cryptocurrencies are soldiers.  soldiers can't work without King's instructions. Bitcoin also sane as king.
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Re: The future of cryptocurrency without Bitcoin
« Reply #32 on: January 14, 2021, 03:27:05 PM »
That is obvious because Bitcoin is the first cryptocurrency coin created.
I hope this is something we want in the future and Bitcoin is not removed.

If Bitcoin is lost, there will probably be a lot of altcoins that enter, such as Ethereum or USDT, which enter the top top coin to be number 1.
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Re: The future of cryptocurrency without Bitcoin
« Reply #33 on: January 14, 2021, 03:58:52 PM »
Bitcoin is the main Cryptocurrency icon. If Bitcoin does not exist or dies I am sure the public will doubt other Cryptocurrencies.  And this can cause cryptocurrency to no longer be trusted by the public and will die.  Bitcoin is very important for the development and advancement of this Cryptocurrency.

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Re: The future of cryptocurrency without Bitcoin
« Reply #34 on: January 14, 2021, 06:44:01 PM »
True, any dip in Bitcoin's price causes problems. For example, its sudden drop earlier this week wiped out 170 billion US dollars from the market, it was a massive loss. Still, Bitcoin is recovering, and so is everything else.

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Re: The future of cryptocurrency without Bitcoin
« Reply #35 on: January 14, 2021, 09:55:12 PM »
Theoretically if bitcoin gone then altcoins will gone also. Nevertheless if there will have another chance to reclaim what was lost then the full adjustment will happen in order to let altcoins survive without bitcoin. That will be the time altcoins value are not dependent to bitcoin.
Neither in theory nor in practice, with the disappearance of bitcoin, altcoins will not disappear anywhere. The market will be realigned over time and will be more decentralized. As this market develops, the likelihood of price dominance of other cryptocurrencies in this case will decrease. It seems to me that the cryptocurrency market will then be more mature.
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Re: The future of cryptocurrency without Bitcoin
« Reply #36 on: January 15, 2021, 04:10:18 AM »
Impossible to pass a single day without bitcoin because in cryptocurrencies market bitcoin is the king and all others cryptocurrencies are soldiers.  soldiers can't work without King's instructions. Bitcoin also sane as king.

Yes, It is true, Bitcoin is the King of crypto currency, I think It is impossible. But everything can be happen at the coming future. We all know other cryptos are just follower, So I still believe bitcoin will exist for along years again.

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Re: The future of cryptocurrency without Bitcoin
« Reply #36 on: January 15, 2021, 04:10:18 AM »


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Re: The future of cryptocurrency without Bitcoin
« Reply #37 on: January 15, 2021, 05:45:44 AM »
Bitcoins occupy more than half of the cryptocurrency world. I think the cryptocurrency market is helpless without Bitcoin. Bitcoin is called the king of the cryptocurrency world. This bitcoin is in the number one position in the world of cryptocurrency. So I think the cryptocurrency market is helpless without Bitcoin.

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Re: The future of cryptocurrency without Bitcoin
« Reply #38 on: January 15, 2021, 09:16:34 AM »
Most investors are driven by the actions of Bitcoin on the market irrespective of the coin they invest in. Once Bitcoin is down, most of the naïve investors begin to pull out. Also, Bitcoin serves as a price pair against many coins, hence, any dip in Bitcoin price affect the coin it is paired with on the market.

I think It is not problem, because We all know see  there are several potential altcoins will be the next bitcoin like Ethereum, litecoin, polkadot, Tether etc. So, I think crypto currency will exist without bitcoin. That's my opinion.
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Re: The future of cryptocurrency without Bitcoin
« Reply #39 on: January 15, 2021, 04:08:37 PM »
Most investors are driven by the actions of Bitcoin on the market irrespective of the coin they invest in. Once Bitcoin is down, most of the naïve investors begin to pull out. Also, Bitcoin serves as a price pair against many coins, hence, any dip in Bitcoin price affect the coin it is paired with on the market.

I think It is not problem, because We all know see  there are several potential altcoins will be the next bitcoin like Ethereum, litecoin, polkadot, Tether etc. So, I think crypto currency will exist without bitcoin. That's my opinion.

Yes I agree with you, I think It is not big problem. Altcoin will life without bitcoin, If It will happen. Because I think everything can be happen at the coming future.No worries about it. At the digital era, we will see many potential coin be the next bitcoin.
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Re: The future of cryptocurrency without Bitcoin
« Reply #40 on: January 15, 2021, 04:20:23 PM »
After the years that have passed since its birth and with existing currencies, I don't think anything would happen if Bitcoin disappeared. It is as if Google disappeared right now, the network would continue to function without its services, its search engine would no longer index more information, but everything would work, with Bitcoin the same would happen.
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Re: The future of cryptocurrency without Bitcoin
« Reply #41 on: January 15, 2021, 06:35:03 PM »
I think by now we are all pretty reliant on many of Google's services, so losing them suddenly will be pretty painful for a while, until we adapt. That said, people are not nearly as reliant on Bitcoin as they are on Google, so I don't think the two can be compared.

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Re: The future of cryptocurrency without Bitcoin
« Reply #42 on: January 16, 2021, 12:39:56 AM »
Most investors are driven by the actions of Bitcoin on the market irrespective of the coin they invest in. Once Bitcoin is down, most of the naïve investors begin to pull out. Also, Bitcoin serves as a price pair against many coins, hence, any dip in Bitcoin price affect the coin it is paired with on the market.
Since the creation of Bitcoin it draws attention to many investors throughout the world and becomes the most valuable digital asset as of today. Without Bitcoin I think Ethereum will be the owner of the throne Bitcoin has been sitting through years. But I am not sure about the flow or the performance on the market if ever Bitcoin never existed.

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Re: The future of cryptocurrency without Bitcoin
« Reply #43 on: January 16, 2021, 10:30:18 AM »
Bitcoin accounts for more than half of the cryptocurrency market. Bitcoin's popularity is a lot. I think all cryptocurrencies other than Bitcoin are helpless. Bitcoin has some relationship with all other cryptocurrencies. When Bitcoin pumps, all coins pump. When Bitcoin is dumped, all other coins are also dumped.
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Offline flyaccount

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    10 Posts First Post Fifth year Anniversary
Re: The future of cryptocurrency without Bitcoin
« Reply #44 on: January 16, 2021, 01:14:08 PM »
Without Bitcoin, I think crypto will still feel lost, it might even not work. Because there are many reasons for being in crypto just because of Bitcoin.
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