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Topic: What if bitcoin crashes? - page 6. (Read 584 times)

member
Activity: 378
Merit: 10
March 05, 2018, 03:03:39 PM
#70
I agree with the guys! my opinion is that soon there will be beatocoins! And then the altcoins will not follow the life of bitcoin! There are a lot of new coins in the world, so I think that capitalization will decrease! It will grow in a geomeric progression! Well, if this happens, that bitcoin will collapse to zero, then personally I'll go look for work!)))))
full member
Activity: 210
Merit: 100
March 05, 2018, 02:31:21 PM
#69

If it does happen even though the possibility of crash is something we are quite familiar with but falling down to zero is another ball game that would change the way things is being done. Of course the effect will be massive with a lot of people losing their money and investment but its a zero sum game because for someone losing, it means someone else is winning which would reduce the effect to a large extent. Lets just say half of the population will lose while the other half will win but the noise of those who lost will be the loudest.
full member
Activity: 420
Merit: 110
March 05, 2018, 02:22:19 PM
#68
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?
Hard to speculate bitcoin facing such a devastating defeat I would say its impossible to take it to zero due the technology it possess. But if btc goes to zero for sure 900 out of 1500 currencies currently floating will reach to zero too. All this due to the FUD which will be created. Bitcoin is taken as parameter of crypto currencies so if it goes out then its impossible for the whole market to survive that is why I think the crypto world would face its black monday.
newbie
Activity: 238
Merit: 0
March 05, 2018, 02:18:43 PM
#67
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 so, then there will be no other coin's name. Because Bitcoin is called coin's father, if the dealer does not have the price, then not found the altracoin. But it can be said that the price of Bitcoin will never be 0. Because it is the need of all people now. Many people think now that Bitcoin can do a lot of things in life. And because of these reasons, there is a lot of demand for Bitcoin. So if there is Bitcoin then there will be of altracoin. And we think the bitcoin change our life. so we are trust the bitcoin. and we working do for bitcoin. So bitcoin is not down in the future $0, but it is grow in future.
member
Activity: 336
Merit: 10
March 05, 2018, 02:07:12 PM
#66
if this happens, people should be very disappointed and completely lose interest in bitcoin and all cryptocurrencies. Which is very unlikely.
jr. member
Activity: 163
Merit: 1
ICOForums.net - A Cryptocurrency & ICO Forum
March 05, 2018, 01:56:50 PM
#65
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?
The rest of the currencies in cryptoworld will also fall if bitcoin faces the crash.This we have seen time and again and latest example is the recent crash of bitcoin.The currencies which are overly dependent of the market fall miserably and some survive due to there technical and fundamental prospects like ETH.People who blindly trust bitcoin and has also invested in alts,when bitcoin crashes,they loose there trust and start selling alts too.These affects the market a lot.
full member
Activity: 742
Merit: 100
March 05, 2018, 12:40:06 PM
#64
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 breaks down and has no value then Altcoins will collapse accordingly; The world economy is also so volatile.
Now this is not possible because BTC is increasingly popular and dominant, but in the future it can not be said in the future.
Bitcoin has helped change my life, so I did not expect this to happen
sr. member
Activity: 658
Merit: 250
March 05, 2018, 12:32:45 PM
#63
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 price can't drop to zero, minimum BTC price could be 5k $. During big BTC dump all other coins will be dumped too in $ value at least
full member
Activity: 1834
Merit: 166
March 05, 2018, 12:32:21 PM
#62
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 such situation arises in future then it would be a very difficult for other alts to survive or say they will also loose their importance and price as they are supported by bitcoin so their price will also go down to very low level.But hope this never happen.
hero member
Activity: 3080
Merit: 603
March 05, 2018, 12:26:43 PM
#61
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'll give an example on what will happen base on my understanding.

If bitcoin goes to zero, all coins including shit coins will be dead and cryptocurrencies is going to be a fairy tale after that.
newbie
Activity: 14
Merit: 0
March 05, 2018, 12:25:38 PM
#60
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 the price of a bitcoin crash goes to zero, then I think the price of the other altcoins will be 0. All cryptocurrencies will die. But I don't think that's going to happen, and now all of the cryptocurrencies are doing very well.
hero member
Activity: 644
Merit: 500
March 05, 2018, 12:22:30 PM
#59
If that happen we won't see anyone here talking about bitcoin and crypto anymore for sure, for me it will only happen if big influence forces the chain to collapse, or there's already a big issue coming from big forces of government, but as long as we are seeing innovations and adoptions coming from big countries all over the world, then we will still seeing great future ahead for all of us who believes with the usage and the potentials that bitcoin will be embrace so crash up to zero will not happen so soon.
newbie
Activity: 11
Merit: 0
March 05, 2018, 12:11:30 PM
#58
Some coins, including Bitcoin, will still survive....But so many other worthless coins will go away.
full member
Activity: 406
Merit: 102
March 05, 2018, 12:04:49 PM
#57
That will be good, it is impossible now, whole system must crash for that or there must be an serious technical reason. If you have just $1000 you can buy lots of bitcoin  Cheesy for most people this is not bad.
member
Activity: 336
Merit: 10
March 05, 2018, 11:56:45 AM
#56
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?

That would definitely ends all crypto currencies, making a big issue worldwide and a lot will surely hold grudge against btc. But, we should not thinkof it. Let us think of the best future of it since it does help us a lot.
member
Activity: 196
Merit: 12
★Bitvest.io★ Play Plinko or Invest!
March 05, 2018, 11:56:02 AM
#55
i dont think bitcoin itself decides the faith of all other alt coins. They have similar technology but each with a slight variation on how they tackled problems on the blockchain network. Besides, each of them has its own team managing it. I do admit chances are it would affect the value of other coins, but it wont necessarily kill them all.
full member
Activity: 354
Merit: 100
March 05, 2018, 11:51:48 AM
#54
The most likely scenario where 1 Bitcoin is worth $0 is when fiat is not used anymore. You have to wait a bit before all fiat currencies are abandoned though (few generations probably).
Probably, it can really crash down but not so much for me, because there are still investors taking opportunity of low value of bitcoin so theyre buying ir and when that happens the demand of bitcoin will rise high and its is going accordingly to the price.
sr. member
Activity: 276
Merit: 254
March 05, 2018, 11:49:46 AM
#53
The most likely scenario where 1 Bitcoin is worth $0 is when fiat is not used anymore. You have to wait a bit before all fiat currencies are abandoned though (few generations probably).
member
Activity: 200
Merit: 10
March 05, 2018, 11:48:39 AM
#52
I think all other altcoins will collapse also but for now it looks like bitcoin is hard to beat. If it crashes I think bitcoin will rise again and it will be the best time to invest in bitcoin again.
member
Activity: 415
Merit: 10
Colletrix - Bridging the Physical and Virtual Worl
March 05, 2018, 11:44:47 AM
#51
Maybe it happens, if the bitcoin gets stuck and becomes 0, surely it's a huge accident that makes all the panic, and altcoin will also get its impact. because we all know, if bitcoin is the king of crypto. all altcoin prices depend on its rise and fall in bitcoin prices, I do not want to until that happens hopefully, bitcoin keeps growing and will never die.
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