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Author Topic: Can altcoins be independent?  (Read 2246 times)

Offline Nanagyasi

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Re: Can altcoins be independent?
« Reply #30 on: October 26, 2018, 02:52:03 PM »
It will take a really long time for this to happen. Btc has taken the lead now and it is the most popular coin. Pairing bct with altcoins has become the commonest and not until any coin overtake Btc, of which will be difficult, Btc will always control the market

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Re: Can altcoins be independent?
« Reply #30 on: October 26, 2018, 02:52:03 PM »

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Offline asraf

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Re: Can altcoins be independent?
« Reply #31 on: October 26, 2018, 03:23:10 PM »
It will take a really long time for this to happen. Btc has taken the lead now and it is the most popular coin. Pairing bct with altcoins has become the commonest and not until any coin overtake Btc, of which will be difficult, Btc will always control the market
right, i also agree with you.
i don't think there will be an altcoin that is capable of being independent, bitcoin is still dominating the altcoin and that will happen next.

there are indeed some altcoins that can pump themselves, but what i see doesn't last long. in the end the altcoin still depends on bitcoin.

Offline akbarals9425

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Re: Can altcoins be independent?
« Reply #32 on: October 26, 2018, 03:34:11 PM »
if altcoin decides with bitcoin and becomes its own currency I think it is very hard because of the lack of investors and I think altcoin that relies on bitcoin will get value and will continue to survive in the market

Offline JaymondStark

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Re: Can altcoins be independent?
« Reply #33 on: October 26, 2018, 06:19:48 PM »
They are doing this in fact when you think about it in a technological way. But when the issue is selling and buying coins, the general opinion is making it through the bitcoin. Some centralized exchanges are selling coins over fiat currencies but this is needed for the market to have more volume.

So, it only can happen if it is possible to buy any coin via fiat. Here is another problem. Now you are related to fiat instead of bitcoin.

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Re: Can altcoins be independent?
« Reply #34 on: October 26, 2018, 06:54:57 PM »
Bitcoin’s value does indeed affect the price of all altcoins since BTC/AltCoin trading pairs are the most commonly used and is usually the standard go to exchange pair on all cryptocurrency exchanges. So can Altcoin break all the relationship from bitcoin and run as a independent currency.
The dependence of altcoins on bitcoin does not come from trading pairs. Even if there are no trading pairs between Altcoins and Bitcoins, Bitcoins will still dominate the price over other types of cryptocurrency. This dominance is possible because bitcoin has a very high level of capitalization. This circumstance is decisive in price dominance.

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Offline nick_2017

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Re: Can altcoins be independent?
« Reply #35 on: October 26, 2018, 07:07:38 PM »
I think it's impossible because all coins are traded in relation to bitcoin. This can be possible if bitcoin will disappeared. Again BTC is the most stable coin and it impossible too)

Offline ALTdetectoR

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Re: Can altcoins be independent?
« Reply #36 on: October 26, 2018, 07:11:47 PM »
I don't think I can. Because bitcoin is a partner that will never be separated from the altcoin.
And all know that bitcoin is the king of all coin. All coin price that determine bitcoin. If bitcoin rises in price, all coin will also rise.

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Re: Can altcoins be independent?
« Reply #36 on: October 26, 2018, 07:11:47 PM »


Offline MOProgress

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Re: Can altcoins be independent?
« Reply #37 on: October 26, 2018, 07:49:51 PM »
No coin can be independent, even Bitcoin that father of cryptocurrency is not independent. Bitcoin cannot stand alone, it must pass to USD for effective usage.
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Offline Asebaby

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Re: Can altcoins be independent?
« Reply #38 on: October 26, 2018, 08:34:23 PM »
They are already and independent coin no one not even an investors or government are In control of crypto that's why it's a decentralized currency.

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Re: Can altcoins be independent?
« Reply #39 on: October 26, 2018, 08:36:09 PM »
I think it can be independent, but I don't see altcoins will break its relationship from bitcoin. Bitcoin and altcoins will be always connected one another, this relationship makes they develop together. If bitcoin value rises, altcoins values will rise as well.
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Offline meale

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Re: Can altcoins be independent?
« Reply #40 on: October 27, 2018, 12:04:08 AM »
It is impossible because Bitcoin for crypto is like USD for fiat currencies.Аn overwhelming majority of assets can only be exchanged for Bitcoin, they are directly dependent on the situational Bitcoin price.The majority of Blockchain projects and alternative digital currencies are in a one-sided dependency relationship with Bitcoin.
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Re: Can altcoins be independent?
« Reply #41 on: October 27, 2018, 05:15:38 AM »
Can. Altcoin can be independent and can set its own market situation without the existence of Bitcoin as long as Bitcoin can be destroyed. At the moment there is one altcoin that is slowly starting to be free from the influence of Bitcoin, namely Ethereum. Ethereum is the only coin that dominates the ICO, so the price of Ethereum depends on the ICO not on Bitcoin, it can be called Ethereum is the king of the ICO. But hopefully all Altcoins can be free from Bitcoin and become independent.

Offline luvr1000

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Re: Can altcoins be independent?
« Reply #42 on: October 28, 2018, 05:02:48 PM »
I think all alitcoins will always follow the price of Bitcoin, independent coins can only be those that have already established themselves on the market as an example of such ethereum coins.
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Offline cora

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Re: Can altcoins be independent?
« Reply #43 on: October 28, 2018, 05:29:32 PM »
Actual altcoins can survive with out bitcoin. but, we're all oriented about the device that bitcoin is the source of altcoins or the backbone of the marketplace.

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Offline Dprincebh

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Re: Can altcoins be independent?
« Reply #44 on: October 28, 2018, 05:35:55 PM »
Bitcoin has a huge fans all over. For an altcoin to be successful it has to depends on it parent, I .e BTC. When pair with BTC it get more attention from traders

 

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