Topic: If btc-> $0 overnight, what will short + long term impact on altcoin prices be? - page 2. (Read 1097 times)
January 12, 2016, 09:44:23 AM
i am not a fan of altcoins, but i do think the money in bitcoin will flow into an altcoin that has been here and working without problems. erik voorhees said that litecoin can be seen as a bitcoin back up.
January 12, 2016, 09:30:20 AM
Why should we discuss something that is known that is not going to happen, as you said in your post?
I think a scenario where the sha256 is broken but other algos not would be more realistic
I think a scenario where the sha256 is broken but other algos not would be more realistic
January 12, 2016, 09:05:15 AM
Assume for this question that whatever caused bitcoin to fail (for example, crypto crack) did not also apply to altcoins (I know that in reality that this isn't realistic).
My prediction is that in the short term altcoin prices would crash too, but in the long term they would absorb the old market cap of bitcoin and (one of them) would head towards world domination.
My feelings are that as long as you diversify your crypto holdings, you are practically certain to become extremely rich in the future.
My prediction is that in the short term altcoin prices would crash too, but in the long term they would absorb the old market cap of bitcoin and (one of them) would head towards world domination.
My feelings are that as long as you diversify your crypto holdings, you are practically certain to become extremely rich in the future.
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