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Author Topic: The future of cryptocurrency without Bitcoin  (Read 5348 times)

Offline Domithra

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The future of cryptocurrency without Bitcoin
« on: June 15, 2018, 02:19:41 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.
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The future of cryptocurrency without Bitcoin
« on: June 15, 2018, 02:19:41 PM »

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Offline Aliados

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Re: The future of cryptocurrency without Bitcoin
« Reply #1 on: June 15, 2018, 07:38:06 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.

Offline u01p113

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Re: The future of cryptocurrency without Bitcoin
« Reply #2 on: June 18, 2018, 02:13:38 PM »
 It is really hard to imagine right now cryptocurrencies without Bitcoin. But in the near future maybe in 2-3, we will see that altcoin will move independently from BTC.

Offline Duavent21

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Re: The future of cryptocurrency without Bitcoin
« Reply #3 on: June 18, 2018, 03:21:21 PM »
When the bitcoin is gone there's a lot affect to the crypto because most of investor are usually invest to bitcoin as i see. Maybe there's lot of coins that could exchange to bitcoin's but the problem is, if they can survive even if the mother of all crypto coin is gone.

Offline dominoes

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Re: The future of cryptocurrency without Bitcoin
« Reply #4 on: June 18, 2018, 06:36:32 PM »
Probably huge investors will back off in crypto if there wasn't bitcoin anymore.
Suppose we could see bitcoin as the remaining coin in crypto if there will have casting.
Crypto can stand by its own feet in case bitcoin aren't in the house.
Although more adjustment to do but in little longer crypto altcoins can do it.
Just my imagination.
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Re: The future of cryptocurrency without Bitcoin
« Reply #5 on: June 18, 2018, 07:24:34 PM »
I just don't see a scenario where this market can function witout bitcoin.. I think it will always be the leader, even 10 years from now.  Maybe I'm wrong but I still think bitcoin's best use case is a liaison between cash and altcoins.

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Re: The future of cryptocurrency without Bitcoin
« Reply #6 on: June 18, 2018, 07:35:25 PM »
This whole idea of cryptocurrency was started by bitcoin and so cryptocurrency has no bright future without its mother coin. If bitcoin dies, the other altcoins might eventually follow
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Re: The future of cryptocurrency without Bitcoin
« Reply #6 on: June 18, 2018, 07:35:25 PM »


Offline linkdefeu

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Re: The future of cryptocurrency without Bitcoin
« Reply #7 on: June 18, 2018, 11:25:07 PM »
This whole idea of cryptocurrency was started by bitcoin and so cryptocurrency has no bright future without its mother coin. If bitcoin dies, the other altcoins might eventually follow

Except ethereum maybe ?
Ethereum is special... i think he can survive without bitcoin.
But right now, imagine crypto without bitcoin is unthinkable  :o
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Re: The future of cryptocurrency without Bitcoin
« Reply #8 on: October 05, 2020, 08:31:49 AM »
It is really hard to imagine right now cryptocurrencies without Bitcoin. But in the near future maybe in 2-3, we will see that altcoin will move independently from BTC.
To prevent the price movement of altcoins from being dependent on the price of bitcoin, it is necessary that bitcoin does not have the current high level of capitalization, that is, so that investors do not keep their money in bitcoins in that amount. This can only happen when there is no general expectation of further high price growth from bitcoin. Over time, this will still happen. Then the cryptocurrency market will change dramatically. I would like to see such a market.

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Re: The future of cryptocurrency without Bitcoin
« Reply #9 on: October 05, 2020, 02:50:17 PM »
It is undeniable that Bitcoin price movements will affect all Altcoin prices, I don't understand why this can all happen because from the previous year Bitcoin has become the guideline for every altcoin.

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Re: The future of cryptocurrency without Bitcoin
« Reply #10 on: October 05, 2020, 05:00:25 PM »
The future of cryptocurrency without bitcoin is dark.  We can never see the future of cryptocurrency without Bitcoin.  Cryptocurrency survives for bitcoin.  Bitcoin is the most popular in the world.  Cryptocurrency survives today because of the presence of investors in Bitcoin.  So cryptocurrency can never be considered without Bitcoin
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Re: The future of cryptocurrency without Bitcoin
« Reply #11 on: October 05, 2020, 07:27:19 PM »
I think it impossible because currently bitcoin has spread in various countries and many investors who come from different countries and different geographic locations have also tried to start bitcoin investment. If bitcoin in the future will disappear, maybe new cryptocurrencies will appear.
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Re: The future of cryptocurrency without Bitcoin
« Reply #12 on: October 05, 2020, 09:25:19 PM »
It is really difficult to imagine a future for crypto without the lead of BTC, because if BTC is not accepted, many other cryptocurrencies will not be allowed to exist. If so, the crypto world will only have CBDCs or stable coins, which helps to reduce transaction costs, helps us apply smart contracts to different ecosystems, but the economy will still be in hands of governments...
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Offline sampoerna

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Re: The future of cryptocurrency without Bitcoin
« Reply #13 on: October 05, 2020, 11:56:17 PM »
I think crypto space will be too risky if there is no Bitcoin. I doubt crypto space to be famous and well known like today if there is no Bitcoin. Bitcoin has big impacts. So, it should stay there, in crypto space. I cannot imagine if Bitcoin disappears, I am pretty sure crypto world will be hard to survive.
« Last Edit: October 06, 2020, 05:46:28 PM by sampoerna »

Offline tervel

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Re: The future of cryptocurrency without Bitcoin
« Reply #14 on: October 06, 2020, 08:01:34 AM »
BTC is the cornerstone of cryptocurrencies.Without it the crypto world be uninteresting. We can be grateful to Satoshi that we won’t ever have to live in a World Without Bitcoin.

 

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