Rest goes to zero as well?
Which is kinda weird. Everything is measured in BTC. Which makes it the digital gold and bridge between $ (real world) anf crypto.
goes to zero is kinda impossible because like you said its the bridge to the dollar and crypto
it will only happen if there will be another bridge to takeover but that will not happen because not everyone will support it
Unlikely because of the penny stock phenomenon.
Once a "coin" or anything really has risen up to high levels with lots of popularity..
It will forever be eye balled by "investors" in the hopes it rises again.
I seen this in play with Doge coin for example.
But since 90% of you all are noobs and worse simply investards you are blind.
You fail to see the distinction between currency users and commodity investors.
If you were real investors you would be concerned by the fact that Bitcoin failed miserably.
And it would scare the living shit out of you that even though it's fucked up bad and worse by the day it keeps shooting up more and more in price.
You are not investors.
You are blind morons ..in the second group.
Blind and stupid pouring on the shallow pointless platitudes to pad your post count and count the BTC chump change.
Oblivious to what is going on around you.
0 ?
Not likely but it can and SHOULD crash hard.
The value is beyond inflated.. it's silly bullshit at this point.
The value of Bitcoin is derived simply because of popularity.
It is effectively nothing more than a pyramid scheme of sorts at this point.
The value has almost nothing at all to do with the product in question or how well it works.
The fact the currency doesn't even work like one and the fact no one uses it as one is of no concern to you "investors" at all.
Let me put it this way.
Imagine investing in a company that made computers.
Then imagine that in time each model they put out is worse and worse and simply don't turn on and work as intended.
Should that be a call for everyone everywhere to rush in and buy the "stocks" at any price asap or risk FOMO ?
Well, that is exactly what you are all doing pushing BTC to obscene levels.
And there HAS to be a correction.. it's obvious to anyone who is not a deceitful idiot.
I'm telling you all because apparently i am the only one that actually cares.
You people are like a mother who defends their serial killer child.
I am saying the kid needs to be taken down hard.
I am the only smart one here out of 1.5 million accounts of idiot investards profiteer morons.
All the other old veteran users went silent and jumped on the greedy moron bandwagon.
History repeats.. it'll be up and down and i'll be on the side lines watching and laughing as usual.