Post
Topic
Board Altcoin Discussion
Re: If Bitcoin dies does altcoin die?
by
Postlegend
on 25/10/2017, 01:49:29 UTC
Bitcoin is a very popular crypto coin today, we know that Bitcoin will be very expensive in the future but I imagine if Bitcoin die, whether there will be hope for the future of altcoin? because most altcoin exchanges are to bitcoins
your opinion is highly appreciated. Smiley

It might depend on the reason why Bitcoin can die. In case when the death is due to total ban of Bitcoin as done by all governments or regimes then there is a possibility that Bitcoin death can also mean the death of altcoins. Now, if the reason can be other than that or it is within Bitcoin like losing the appeal from the market then there is a possibility that another coin can rise up to take the vacuum of leadership.


They are totally different anyway altcoins and bitcoins although they are both classified as a cryptocurrency they are not reliant to one another so I doubt that if ever bitcoin dies that it would drag all altcoins along with it instead it might even give birth to the rise of another cryptocurrency.

Ethereum would definitely experience a great increase in value. Most altcoins are exchanged for either BTC or ETH. If BTC suddenly dies, ETH would be the main coin people would exchange for. Of course, another coin would have to come up and take the lead.