If Bitcoin collapses, will Altcoins too?

[debra]

Bitcoin is very mandatory for the market. So, no doubts, its collapse will cause similar processes with other coins, especially with those, which don't have any real value

I don't understand that you assume Bitcoin is mandatory. Bitcoin is surely the main coin, it is like the mother of all crypto coins. However, it doesn't mean altcoins can survive without Bitcoin. Altcoins have their own ecosystem, altcoins have their own market. I think altcoins can survive although Bitcoin disappears. As long as we have exchanges and crypto market, altcoins will be there to trade by any people around the world.

[Cantsay]

Bitcoin is very mandatory for the market. So, no doubts, its collapse will cause similar processes with other coins, especially with those, which don't have any real value

Is Bitcoin really mandatory
What if in the next few years Ethereum were to surpass Bitcoin for some reason ( I'm making an assumption)
Do you still think that the fall of Bitcoin will affect Ethereum

You should know that Ethereum is not a decentralized currency so it’s not possible for it to surpass a coin that is decentralized even if it’s just an assumption.

Bitcoin has a lot of value and so much importance when it comes to crypto ecosystem and also has a very huge dominance over other coins so if it falls other coins will fall due to people rushing to sell off all the other coins or token they possess.

[Themepen]

I don't understand that you assume Bitcoin is mandatory. Bitcoin is surely the main coin, it is like the mother of all crypto coins. However, it doesn't mean altcoins can survive without Bitcoin. Altcoins have their own ecosystem, altcoins have their own market. I think altcoins can survive although Bitcoin disappears. As long as we have exchanges and crypto market, altcoins will be there to trade by any people around the world.

Yes I do not agree that Bitcoin must exist for other cryptocurrencies means for altcoins to survive. Yes we agree that Bitcoin was first cryptocurrency, altcoins have created their own separate markets and communities. Altcoins can still do well even if Bitcoin did not exist because their value depends on what investors think and market conditions.

As long as there are places to trade cryptocurrencies exchanges and global cryptocurrency market altcoins will continue to be bought and sold whether Bitcoin is around or not.

[luckyledger]

Bitcoin is very mandatory for the market. So, no doubts, its collapse will cause similar processes with other coins, especially with those, which don't have any real value

Is Bitcoin really mandatory
What if in the next few years Ethereum were to surpass Bitcoin for some reason ( I'm making an assumption)
Do you still think that the fall of Bitcoin will affect Ethereum

You should know that Ethereum is not a decentralized currency so it’s not possible for it to surpass a coin that is decentralized even if it’s just an assumption.

Bitcoin has a lot of value and so much importance when it comes to crypto ecosystem and also has a very huge dominance over other coins so if it falls other coins will fall due to people rushing to sell off all the other coins or token they possess.

Alas, I've read too many posts on Bitcointalk about ETH "surpassing" BTC even to consider such an event, simply due to how much skin people have for one coin and the nature of another.
For it to happen, there should be something monumental done in ETH, otherwise, it's just impossible.

[Cantsay]

For it to happen, there should be something monumental done in ETH, otherwise, it's just impossible.

I don’t follow Ethereum update that much but the last one I can still remember because it was being discussed everywhere was the Merge where Ethereum was moved from proof of work (PoW) to proof of Stake (PoS) which made it even more centralized than it was before.

It’s going to take years of continuous development and a massive change in the Ethereum network before it will come close to the current level of bitcoin in terms of the cryptocurrency ecosystem - and before it gets there bitcoin will definitely also get some development.

[nakmantu99]

I don't understand that you assume Bitcoin is mandatory. Bitcoin is surely the main coin, it is like the mother of all crypto coins. However, it doesn't mean altcoins can survive without Bitcoin. Altcoins have their own ecosystem, altcoins have their own market. I think altcoins can survive although Bitcoin disappears. As long as we have exchanges and crypto market, altcoins will be there to trade by any people around the world.

Yes I do not agree that Bitcoin must exist for other cryptocurrencies means for altcoins to survive. Yes we agree that Bitcoin was first cryptocurrency, altcoins have created their own separate markets and communities. Altcoins can still do well even if Bitcoin did not exist because their value depends on what investors think and market conditions.

As long as there are places to trade cryptocurrencies exchanges and global cryptocurrency market altcoins will continue to be bought and sold whether Bitcoin is around or not.

Currently bitcoin is still the king of crypto currency so it seems like without bitcoin, altcoin will disappear because the movement of altcoin follows bitcoin. but I do not agree if bitcoin suddenly falls and is no longer valuable, altcoin will also disappear. because now people have begun to understand crypto and the usefulness of altcoin. I think altcoin will still exist even though the price is likely to fall because there is panic when bitcoin falls in price.

[pieppiep]

I don't understand that you assume Bitcoin is mandatory. Bitcoin is surely the main coin, it is like the mother of all crypto coins. However, it doesn't mean altcoins can survive without Bitcoin. Altcoins have their own ecosystem, altcoins have their own market. I think altcoins can survive although Bitcoin disappears. As long as we have exchanges and crypto market, altcoins will be there to trade by any people around the world.

Yes I do not agree that Bitcoin must exist for other cryptocurrencies means for altcoins to survive. Yes we agree that Bitcoin was first cryptocurrency, altcoins have created their own separate markets and communities. Altcoins can still do well even if Bitcoin did not exist because their value depends on what investors think and market conditions.

As long as there are places to trade cryptocurrencies exchanges and global cryptocurrency market altcoins will continue to be bought and sold whether Bitcoin is around or not.

Well, For altcoins to be sustainably effective, the groups and/or individuals behind particular altcoins must seek to improve their communities’ products and services to fit new market demands. This can be achieved through enhancing network security, extending the use cases of blockchains and partnering with sectors which could otherwise benefit from crypto technology in a general sense. Secondly, investors should also consider undertaking further analysis on the altcoin of their choice based on the project associated with the coin, the team behind the project and chances of the project being adopted in the long run. If tackled correctly, altcoins have the potential of establishing a healthy value proposition apart from Bitcoin as well as contributing to industry advancements in both existing and emerging areas of the digital economy.

[Report]

I see in the Binance market that Bitcoin still has the power to be followed by all altcoins, I see on Binance that if Bitcoin drops to -5% then all altcoins also drop, except maybe there is a new event like now Fan Token which has increased by more than 40%. I don't know what the news is but I see all Fan Tokens on Binance have gone up.

[jeraldskie11]

Bitcoin is very mandatory for the market. So, no doubts, its collapse will cause similar processes with other coins, especially with those, which don't have any real value

I don't understand that you assume Bitcoin is mandatory. Bitcoin is surely the main coin, it is like the mother of all crypto coins. However, it doesn't mean altcoins can survive without Bitcoin. Altcoins have their own ecosystem, altcoins have their own market. I think altcoins can survive although Bitcoin disappears. As long as we have exchanges and crypto market, altcoins will be there to trade by any people around the world.

I agree with you. If Bitcoin disappears altcoins will remain because other altcoins have their own ecosystem. But in terms of prices, it will have a big impact on altcoins if Bitcoin disappears. Bitcoin have a great influence on the price of other coins even though investors do not directly invest in alts when they make it in Bitcoin. That's the reality we can see in the price that when Bitcoin goes up, the alts go up too. That's why there is a tendency for crypto to fall when Bitcoin is gone.

[bounceback]

I agree with you. If Bitcoin disappears altcoins will remain because other altcoins have their own ecosystem. But in terms of prices, it will have a big impact on altcoins if Bitcoin disappears. Bitcoin have a great influence on the price of other coins even though investors do not directly invest in alts when they make it in Bitcoin. That's the reality we can see in the price that when Bitcoin goes up, the alts go up too. That's why there is a tendency for crypto to fall when Bitcoin is gone.

How possibility with altcoin keep existing when bitcoin get collapse, many time when bitcoin get down significant most of altcoin become shit coins have drop drastically. Bitcoin is the main of cryptocurrency and become most important for altcoin, if bitcoin get collapse or have any bad news seems easily for altcoin get collapse too.
Altcoin most holding by the developer or the project owner, difference with bitcoin have been holding by many people with small possibility get collapse than altcoin get easily drop depend on developer's hand.

[JoyMarsha]

No altcoin have stayed strong in the market whenever Bitcoin experiences a price decline. It's whenever Bitcoin has a fall in price, altcoin does the same by falling harder than what Bitcoin has decreased to. You can imagine when Bitcoin collapses in price, what the fate of altcoin would look like. That means many of the altcoins would diminish in price, only to increase in price when Bitcoin begins to resurrect in price

[Geey]

Bitcoin is very mandatory for the market. So, no doubts, its collapse will cause similar processes with other coins, especially with those, which don't have any real value

I don't understand that you assume Bitcoin is mandatory. Bitcoin is surely the main coin, it is like the mother of all crypto coins. However, it doesn't mean altcoins can survive without Bitcoin. Altcoins have their own ecosystem, altcoins have their own market. I think altcoins can survive although Bitcoin disappears. As long as we have exchanges and crypto market, altcoins will be there to trade by any people around the world.

that's right, altcoin has its own ecosystem so they can manage it well and make new innovations for the future, only here the role of bitcoin is the main role so that the price of the coin has an impact on bitcoin so that if the price of bitcoin goes up then other coins will be affected and vice versa.. but if the existence of bitcoin is important in altcoin so that altcoin cannot live without the presence of bitcoin that is very wrong..

[bayu7adi]

I don't understand that you assume Bitcoin is mandatory. Bitcoin is surely the main coin, it is like the mother of all crypto coins. However, it doesn't mean altcoins can survive without Bitcoin. Altcoins have their own ecosystem, altcoins have their own market. I think altcoins can survive although Bitcoin disappears. As long as we have exchanges and crypto market, altcoins will be there to trade by any people around the world.

omg... your opinion is against the current, and I like this kind of discussion... sometimes unexpected things do happen, so I also appreciate this opinion because it could happen...

simply, to see if altcoins react the same as Bitcoin depends on which aspect is attacked... if the attack is on cryptocurrency as a whole, then when Bitcoin goes down, altcoins will also go down... both are in the same space

whereas if only Bitcoin is attacked, it is likely that only Bitcoin will experience a price drop, because altcoins are not included in the Btc world...

[Gita]

It is not likely that Bitcoin will crash in the crypto market. But as Bitcoin is declining, so are altcoins. I think altcoins with strong technology, active real-world use cases can survive.  Bitcoin is the most trusted crypto currency as it is unlikely to collapse.

[pieppiep]

It is not likely that Bitcoin will crash in the crypto market. But as Bitcoin is declining, so are altcoins. I think altcoins with strong technology, active real-world use cases can survive.  Bitcoin is the most trusted crypto currency as it is unlikely to collapse.

Well, Bitcoin has more than a 50% share of the crypto market and is now recognized as a most trustworthy asset Meanwhile, the crypto market’s high volatility should be considered as its intrinsic nature. Of course, the fall of Bitcoin’s price has implications on the rest of the market, including altcoins. So, investing in those altcoins that possess a strong background and are actively applied in the business sphere can help avoid sharp up and downswings in the market. Any altcoins that are backed with some sort of solidity such as the possessing of attributes which makes them have some form of utility across different industries will stand a better chance of surviving through the downturn; even in the mere instance where Bitcoin is to suffer a downfall.

And also I haven’t seen any altcoin can survive when the price of Bitcoin falls to the bottom price as it did some time ago.