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Author Topic: Future of altcoins without Bitcoin  (Read 2126 times)

Offline yousufatik20

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Future of altcoins without Bitcoin
« on: November 17, 2018, 10:14:04 AM »
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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Future of altcoins without Bitcoin
« on: November 17, 2018, 10:14:04 AM »

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Offline mamun777

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Re: Future of altcoins without Bitcoin
« Reply #1 on: November 17, 2018, 10:17:03 AM »
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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Re: Future of altcoins without Bitcoin
« Reply #1 on: November 17, 2018, 10:17:03 AM »

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Offline bdsharminsoltana

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Re: Future of altcoins without Bitcoin
« Reply #2 on: November 17, 2018, 10:22:13 AM »
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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Re: Future of altcoins without Bitcoin
« Reply #3 on: November 17, 2018, 11:44:03 AM »
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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Re: Future of altcoins without Bitcoin
« Reply #4 on: November 17, 2018, 11:47:11 AM »
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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Re: Future of altcoins without Bitcoin
« Reply #5 on: November 17, 2018, 01:00:10 PM »
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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Re: Future of altcoins without Bitcoin
« Reply #6 on: November 17, 2018, 01:17:52 PM »
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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Re: Future of altcoins without Bitcoin
« Reply #6 on: November 17, 2018, 01:17:52 PM »


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Re: Future of altcoins without Bitcoin
« Reply #7 on: November 17, 2018, 03:43:10 PM »
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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Re: Future of altcoins without Bitcoin
« Reply #8 on: November 18, 2018, 03:09:29 PM »
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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Re: Future of altcoins without Bitcoin
« Reply #9 on: November 18, 2018, 03:20:39 PM »
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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Re: Future of altcoins without Bitcoin
« Reply #10 on: November 18, 2018, 03:43:45 PM »
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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Re: Future of altcoins without Bitcoin
« Reply #11 on: November 18, 2018, 04:00:49 PM »
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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Re: Future of altcoins without Bitcoin
« Reply #12 on: November 18, 2018, 04:01:38 PM »
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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Re: Future of altcoins without Bitcoin
« Reply #13 on: November 18, 2018, 04:05:40 PM »
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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Re: Future of altcoins without Bitcoin
« Reply #14 on: November 18, 2018, 07:40:07 PM »
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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