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Topic: What if bitcoin crashes? (Read 584 times)

member
Activity: 210
Merit: 15
April 18, 2018, 12:36:16 AM
What do you think would happen to the rest of the currencies if for some reason bitcoin were to crash and the price dropped to 0?
Domino effect, if bitcoin falls down then the rest of the currencies would fall down also. Prices tends to go down and crashes but i dont think bitcoins prices would ever reach zero.
sr. member
Activity: 616
Merit: 250
April 18, 2018, 12:24:39 AM
What do you think would happen to the rest of the currencies if for some reason bitcoin were to crash and the price dropped to 0?
no one can make predictions about it indeed bitcoin is currently the highest currency value can even be a guide for other coins but for as a price guide for other currencies I think we can not predict
jr. member
Activity: 378
Merit: 4
April 18, 2018, 12:21:08 AM
do not make impossible assumptions . this is meaningless . bitcoin is decentralized and widely distributed throughout the world . if bitcoin prices are too low , many people will buy them and prices will rise again .
full member
Activity: 392
Merit: 105
April 17, 2018, 10:55:32 PM
What do you think would happen to the rest of the currencies if for some reason bitcoin were to crash and the price dropped to 0?

I believe that in the first instance we would see an understandable fall in the price of all the altcoins given the strong link that still exists between the price of bitcoin and that of all other cryptocurrencies, but I have no doubt that given the proven usefulness of the altcoins, would gradually tend to a recovery completely unrelated to bitcoin, but related to its true intrinsic value.
hero member
Activity: 2744
Merit: 541
Campaign Management?"Hhampuz" is the Man
April 17, 2018, 01:47:01 PM
What do you think would happen to the rest of the currencies if for some reason bitcoin were to crash and the price dropped to 0?

All the alt coins will also collapse with this. I do not think that we will ever see bitcoin coming to zero even if it collapses. People who were involved in the planning of this concept will remain invested with some amount just to support it. However, if it goes to $1000 or below (which can happen because of strict laws in developed countries), a lot of alt coins will be completely wiped out. We should keep in mind that most of these alt coins are sold based on the popularity of bitcoins only and thus they will suffer due to bitcoin prices decreasing.
i dont think that all altcoin will back to zero because altcoins has theyre own platforms,and thinking about ethereum whos waiting for the moment to take place after bitcoin..the platform is ready and if bitcoin dies ethereum will take its place..though for sure many investors will back out first but in time they will be back for eth not the drad bitcoin that time
sr. member
Activity: 1176
Merit: 252
April 17, 2018, 01:34:06 PM
What do you think would happen to the rest of the currencies if for some reason bitcoin were to crash and the price dropped to 0?
I think it would be a world destruction day if the price of bitcoin was $ 0. The blockchain technology will collapse and everyone will lose their property. The economy of the world will be severely reduced

bitcoin will always have value, in spite of crashes, it's just price, and the quality will decrease. well, I guess that also only happened at some time before bitcoin back in fix its own price. people's need for bitcoin is always growing every day.
member
Activity: 322
Merit: 10
April 17, 2018, 01:22:48 PM
What do you think would happen to the rest of the currencies if for some reason bitcoin were to crash and the price dropped to 0?
I think it would be a world destruction day if the price of bitcoin was $ 0. The blockchain technology will collapse and everyone will lose their property. The economy of the world will be severely reduced
full member
Activity: 563
Merit: 102
April 17, 2018, 01:19:59 PM
What do you think would happen to the rest of the currencies if for some reason bitcoin were to crash and the price dropped to 0?

I don't think it will happen but in case it will happen to bitcoin that it will drop to zero, I don't think other cryptocurrencies can survive as bitcoin is the number 1 cryptocurrency for a long time. And has a bigger value at it plays an important role in crypto world.
full member
Activity: 434
Merit: 102
April 17, 2018, 10:46:13 AM
What do you think would happen to the rest of the currencies if for some reason bitcoin were to crash and the price dropped to 0?


during this decade, there is no single proof bitcoin going to zero. there are always some beginners who ask like this. I think, the OP can learn the history of bitcoin from time to time. bicoin always survives despite the big crash as happened earlier this year. now the bitcoin is able to grow back.
newbie
Activity: 130
Merit: 0
April 17, 2018, 10:37:09 AM
If this premises will happen then,we all going down too,it's too hard to prejudice too in the present situation in which Bitcoin is at the pedestal right now,technology will never be going down,it will always in the mode of it's development,nothing can pull Bitcoin down.
newbie
Activity: 98
Merit: 0
April 17, 2018, 10:30:41 AM
Despite the concerns of many players, experts in the market have their own views. Most of them have a long-term view on the resilience of Bitcoin. "Bitcoin does not die and will recover quickly. Retaining Bitcoin instead of sold-out requires a lot of patience and determination. Player level. Despite the long history of Bitcoin, many of the retaining team pointed to the events that have had a heavy impact on the single currency on the market, thus confirming the resurgence of Bitcoin. sure.
sr. member
Activity: 420
Merit: 250
April 17, 2018, 10:21:46 AM
Then nothing would be left and people would sell all of their investments even if they are on lose. I mean, what would be the purpose of hodling these coins if the value is zero. It would most likely cause panic and people would be so mad with what had happened with these cryptocurrencies that it would be all over the news.
newbie
Activity: 154
Merit: 0
April 17, 2018, 09:53:59 AM
What do you think would happen to the rest of the currencies if for some reason bitcoin were to crash and the price dropped to 0?

If bitcoin crashed, i think other coin will crasched as well. Because if you look at the market, when bitcoin price falling other coins will falling too.
But i think it is impossible
member
Activity: 220
Merit: 10
https://streamies.io/
April 17, 2018, 09:29:25 AM
What do you think would happen to the rest of the currencies if for some reason bitcoin were to crash and the price dropped to 0?
If ever that bitcoin crashes then many people who involved in this stuff and the ones that has account in bitcoin will suffer because many people who used to do bitcoining depends on bitcoin. It is one of their primary source of income just like me and my brother and my family and if it crashes then we are totally messed up.
legendary
Activity: 2436
Merit: 1232
Leading Crypto Sports Betting & Casino Platform
April 17, 2018, 09:25:28 AM
What do you think would happen to the rest of the currencies if for some reason bitcoin were to crash and the price dropped to 0?
As we can see, whenever the market value of Bitcoin is falling some cryptos are also affected by the situation. The moment its market price started to fall at the start of this year, the majority of cryptocurrencies are also negatively affected. As such, i think there is really a relationship but zi highly doubt that the price of bitcoin could drop to zero knowing that it is a very popular crypto
hero member
Activity: 840
Merit: 520
April 17, 2018, 09:21:48 AM
What do you think would happen to the rest of the currencies if for some reason bitcoin were to crash and the price dropped to 0?
BTC, I guess is the superstar of all the cryptocurrencies and it's valuation governs the valuation and future of other cryptocurrencies. It is because of bitcoin, the people are trusting in other cryptocurrencies too and if bitcoin collapses, though it is next to impossible but if worst thing happens and it crashes and other cryptocurrency will also not survive and they will collapse too.
jr. member
Activity: 32
Merit: 1
April 16, 2018, 03:41:41 AM
Bitcoin has already crashed from ATH. But if you are talking about btc going to zero, that is quite unlikely.
newbie
Activity: 84
Merit: 0
April 16, 2018, 03:35:22 AM
before bitcoin goes to 0 alt coin would be crashed and removed
full member
Activity: 258
Merit: 100
April 16, 2018, 03:33:50 AM
What do you think would happen to the rest of the currencies if for some reason bitcoin were to crash and the price dropped to 0?
What do you think would happen to the rest of the currencies if for some reason bitcoin were to crash and the price dropped to 0?

Hey dude, don't worry because it is not really.
Crash.. No!
Rise.. Yes!
Price will be recover only.
0 is never happen Smiley
sr. member
Activity: 665
Merit: 250
April 16, 2018, 03:31:43 AM
What do you think would happen to the rest of the currencies if for some reason bitcoin were to crash and the price dropped to 0?
do you mean what currency if you mean our crypto currency can not predict exactly because we also know that there is no guidelines or rules that can be used as reference .. but for the local currency I think there is no effect in my opinion
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