Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: yousufatik20 on November 17, 2018, 10:14:04 AM
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With the recent decrease in value of Bitcoin, the value of almost all the altcoins dropped too.
Now BTC is rising again and so are the altcoins.
I am thinking that if Bitcoin ever crashes, I mean completely drops to a very low value and when doesn't increase anymore.
Then the altcoins are going to drop too and won't have a high value anymore too, which means the cryptocurrency world will die.
Is my statement just nonsense or can it be correct?
I'm curious of what you all think will happen to the altcoins if BTC crashes for real.
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It seems to me that Bitcoin and the alternative coin are a single whole, which we call crypto market. That is why one of the elements can not be considered without the other. I'm fully confident that the alternative coins and Bitcoin will always be exist together.
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Bitcoin is the first coin and can be said to be the parent of all coins, if the price of bitcoin then automatically the price also decreases and vice versa, of course the future of altcoin is highly dependent of bitcoin and without bitcoin it will be difficult to make altcoin survive.
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in my opinion, it's very difficult if the altcoin is without bitcoin because the market is always bitcoin and has become the basis of almost all coins, so I think if the bitcoin doesn't exist then the altcoin might also disappear
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If bitcoin falls much, then almost all altcoins will go there after him and will start falling, this is the way a cryptocurrency market works and nothing can be done about it.
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We all know that the Bitcoin is the father of all coins. If the price of bitcoin decreases it affect the altcoin. Actually altcoin depends on Bitcoin.
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I don't think altcoins will going to survive once the bitcoin gone. They are just following the bitcoin price and I think it's also the only who will or can decide the altcoin future.
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Altcoins do not follow bitcoin-they follow the General trend of the market.The solutions offered by altcoins-are now simply not needed.Altcoins are used for speculative purposes.While it will be so-we will continue to see what we see now.
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For me it's really hard if altcoins without bitcoin cause in the first place some altcoins they base the price of bitcoin so i don't think if it's possible without bitcoin cause altcoin always next to bitcoin.
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bitcoin and altcoin are working together to work together to build a world of criptococurrancy that is even more advanced if one has another problem and also the impact that we can see today and they try to survive until it reaches success
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I think before one of these things will happen, imho there‘ll be a cyclic back and forth, traders riding the market waves, looking for better returns then Bitcoin and it’s already relatively high marketcap.
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Bitcoin will affect the price of all altcoins, as you say, if bitcoin falls in price all coins will fall, but after the price drops you will see Bitcoin and all altkoin will go up and give you profit when you buy at a low price
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With the recent decrease in value of Bitcoin, the value of almost all the altcoins dropped too.
Now BTC is rising again and so are the altcoins.
I am thinking that if Bitcoin ever crashes, I mean completely drops to a very low value and when doesn't increase anymore.
Then the altcoins are going to drop too and won't have a high value anymore too, which means the cryptocurrency world will die.
Is my statement just nonsense or can it be correct?
I'm curious of what you all think will happen to the altcoins if BTC crashes for real.
I don't think your statement are nonesence but it could just be a felling. Yes, bitcoin has been the driven force for altcoins, and it beeat my imagination some time to think that without Bitcoin, altcoins are worthless.
Nevertheless, i believe that if Bitoin crashes, most altcoins will still remain and cryptocurrency won't die. Remember that crypto is foundated through the blockchain, and the world is following and believing on crypto based on the Blockchain technology that comes it.
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So far, the crypto business is still so. But someday something will appear steeper than the bitcoin and nothing will depend on it.
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I think bitcoin has an effect on the future of altcoin, because bitcoin is the main crypto coin and if bitcoin fails it will have a negative impact on cryptocurrency, trust in the cryptocurrency will decrease.
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If no BTC, i think the altcoin can not alive. If the bitcoin collapses then the possibility of the whole crypto market will collapse accordingly.
Bitcoin directly affects altcoin, if no BTC, no market, no altcoin. I think so
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In as much I understand, Bitcoin holds upto 75% of the trust people have in cryptocurrency, if Bitcoin should die off for instance, it will be very difficult for altcoin to survive.
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It seems to me that Bitcoin can easily exist without other coins, but altcoins can hardly exist without Bitcoin, because it was from him that the cryptocurrency market started!
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Perhaps this will happen in the future. No one knows, but hopefully this will never happen. The current situation on the market A temporary phenomenon and over the next year the cryptocurrency will return its position
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With the recent decrease in value of Bitcoin, the value of almost all the altcoins dropped too.
Now BTC is rising again and so are the altcoins.
I am thinking that if Bitcoin ever crashes, I mean completely drops to a very low value and when doesn't increase anymore.
Then the altcoins are going to drop too and won't have a high value anymore too, which means the cryptocurrency world will die.
Is my statement just nonsense or can it be correct?
I'm curious of what you all think will happen to the altcoins if BTC crashes for real.
I think It is possible. It will happen at the coming future. I believe Altcoins will exist without bitcoin. I believe it. Lets see.
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I think when altcoin can survive without bitcoin,it will be very good.but in fact when bitcoin prices fall, almost all coins follow the price decline.well even ETH is like that.bitcoin is the most trusted coin.what ever happens to bitcoin,is likely to have an effect on altcoin.
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It seems to me that Altclines can already exist for a long time without Bitcoin, because its price only dies
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With the recent decrease in value of Bitcoin, the value of almost all the altcoins dropped too.
Now BTC is rising again and so are the altcoins.
I am thinking that if Bitcoin ever crashes, I mean completely drops to a very low value and when doesn't increase anymore.
Then the altcoins are going to drop too and won't have a high value anymore too, which means the cryptocurrency world will die.
Is my statement just nonsense or can it be correct?
I'm curious of what you all think will happen to the altcoins if BTC crashes for real.
I personally doubt about that, Future of altcoins without bitcoin. But I think It can happen and altcoun will be more potential to popular again.
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Cryptocurrency may be unstable but to die doesn't seem to be. If BTC crashes in real time there might be a replacement, for example altcoin. Bitcoin as a leader today continues to fall in price. I also had time to worry because it rose slightly but fell back again and again. Is this a bad signal from BTC or can BTC prices rise again, I will always pray that BTC does not go down again and again to stabilize. :'(
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it's very difficult if the altcoin is without bitcoin because the market is always bitcoin and has become the basis of almost all coins, so I think if the bitcoin doesn't exist then the altcoin might also disappear
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The altcoin price depends on the price of bitcoin, because bitcoin is the leader of all crypto money, because I see the price of bitcoin falling and all market prices also following the price of bitcoin.