Post
Topic
Board Altcoin Discussion
Re: If Bitcoin dies does altcoin die?
by
Malaya
on 22/11/2017, 14:24:01 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.

I would agree in this. It will surely depend on the reason why alternative crypto currencies will die in the future. This may effect to die if bitcoin will suddenly be banned in different countries of the world because of the government's policies that will affecr their economy. Altocins may be die as well because we know that just as how bitcoin does it in one's country, the same does to the altcoins. But if the reason that people will lose interest of bitcoin, this may not affect much of the other alternative crypto currencies like Ethereum and Litecoins.