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Topic: What if bitcoin crashes? - page 7. (Read 584 times)

member
Activity: 224
Merit: 10
March 05, 2018, 11:34:04 AM
#50
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 that is never cannot be happen but if that is come to us all altcoin will be useless because only bitcoin give them a life.
newbie
Activity: 83
Merit: 0
March 05, 2018, 11:31:57 AM
#49
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 crashes and the price reaches 0, then I believe all other altcoins will die. Bitcoin is important to other altcoins, and the price of it affects the price changes of other altcoins.
full member
Activity: 336
Merit: 121
March 05, 2018, 11:30:12 AM
#48
despite the fact that the likelihood of Bitcoin going down to 0 is alongside unimaginable we will expect it has gone path down and is in hundreds. A large portion of alternate altcoins will crumple with it too since in light of the fact that there ought to have been an exceptionally solid purpose behind bitcoin to crash and that reason would then most likely make an effect on other digital forms of money too. Individuals will free trust on BTC and subsequently would need to change over the greater part of their assets to fiat and in this way there will be an enormous prudent emergency.
sr. member
Activity: 644
Merit: 299
March 05, 2018, 11:27:58 AM
#47
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 is a big 'IF', but you should have asked yourself first what could make bitcoin crash? Probably a huge blow from the government or maybe Internet has been scrapped, or something unrealistic or out of this world (since I cannot think of one good reason) affected it, which we both know how impossible some of these things I have mentioned would be.

Really, I do not know why you guys leave the economy aspect of things and expect something to just lose value all of a sudden to zero. Zero seriously? Bitcoin even as at 2009/10 when the whole journey started, was never tagged at $0. I would rather just say in that case, cryptocurrency space is gone.
full member
Activity: 280
Merit: 111
March 05, 2018, 11:10:46 AM
#46
The possibility of bitcoin dropping to zero or crashing is very very less or maybe even zero but as you have a question let us just assume that this hypothetical situation occurs then people who have invested millions or thousands in bitcoin will be totally fcked as all of there investments just go down in water and there is nothing they can do now but to just accept and move on but good grief that it is just a hypothetical situation xD.
member
Activity: 308
Merit: 10
March 05, 2018, 10:06:06 AM
#45
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 decrease or called crash its time to buy again and then get a good profit as much as you want and dont regret then do it again if bitcoin goes up sell it and them buy in the dip i think uou will become rich someday if you do that .
jr. member
Activity: 126
Merit: 5
March 05, 2018, 10:03:13 AM
#44
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 the currency collapse happened, turned out to be zero, so most of the altcoins price will become 0 die, may only have a few altcoins inventory down, because many altcoins price affected by the price of the bitcoin
hero member
Activity: 2702
Merit: 716
Nothing lasts forever
March 05, 2018, 09:56:23 AM
#43
Although the possibility of Bitcoin going down to 0 is next to impossible we will assume it has gone way down and is in hundreds. Most of the other altcoins will collapse with it too since because there should have been a very strong reason for bitcoin to crash and that reason would then surely create an impact on other cryptocurrencies as well. People will loose trust on BTC and hence would want to convert all of their belongings to fiat and thus there will be a huge economical crisis.
Another possibility is that only if BTC is crashing then the Altcoins might skyrocket. For example if BTC banned but altcoins are not. In this case potential coins will skyrocket overnight.
full member
Activity: 224
Merit: 100
March 05, 2018, 09:55:57 AM
#42
If bitcoin crashes many people will be affected specially to those who are earning bitcoin,However if you will just hold your bitcoin while the value is low then I can assure that you can be able to gain more profit when you sell it at its highest price in the market. It csn help you prepare in the future.
newbie
Activity: 68
Merit: 0
March 05, 2018, 09:52:38 AM
#41
If Bitcoin crashes, we will be also crash. We who are involved with Bitcoin.  We will lose our so many invested maney
hero member
Activity: 798
Merit: 503
March 05, 2018, 09:47:49 AM
#40
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.
legendary
Activity: 1344
Merit: 1251
March 05, 2018, 09:42:18 AM
#39
Hi,

Well, if the bubble finally burst and blow everything with it,

Some people will lose money. Can be quite a lot.

Companies will make profit. Because this is what company do.

Mass media will highlight the risks linked to Internet.

Specialists will endlessly talk about it.

And innerly, there won't be any change on society. Potential change can come from bitcoin, not from its death.
sr. member
Activity: 1876
Merit: 289
Zawardo
March 05, 2018, 09:25:04 AM
#38
it will huge dump for all cryptocurrencies if bitcoin go down until it zero value. It will still survive all cryptocurrencies but the prices are low I think.
full member
Activity: 243
Merit: 100
March 05, 2018, 09:23:32 AM
#37
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 this thing ever happen, it is likely that the remaining coins will collapse along with the BTC. But still I think some of them will keep their value and will even jump to the moon - like Ethereum for example. Huh
full member
Activity: 826
Merit: 104
March 05, 2018, 09:13:18 AM
#36
if btc crash no crypto currency will alive .and u can see some bright crypto vurrency peoject they know btc will not gonna crash bcz bitcoin is father and they are kids.
sr. member
Activity: 2366
Merit: 332
March 05, 2018, 09:08:05 AM
#35
First I will say the possibility of a total crash to zero is very slim but if that happens, it would lead to an introduction of a super coin. A coin that will be greater than bitcoin because already bitcoin is in the heart of many and more are adopting it daily.
newbie
Activity: 126
Merit: 0
March 05, 2018, 08:55:40 AM
#34
The essence of the development of things is the creation of new things and the destruction of old things. The development of any thing must undergo the negation of negation. Bitcoin is still in development, and the future is uncertain. Bitcoin can't be used as a currency. It can only be used as a commodity, and it is an investment. Since it is an investment, it is risky. The traditional currency has a national credit guarantee, and the bitcoin crash is a number on the computer.
member
Activity: 392
Merit: 39
March 05, 2018, 08:49:38 AM
#33
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?
It is absolutely possible that bitcoin goes to 0, both in short and long term. The exact scenario depends on what happens before the crash. If bitcoin is replaced by some other cryptocurrency, and slowly goes into its retirement, than the drop to 0 will be slow, but even if it is a fast crash, it will not have much impact on other crypto. If, on the other hand, bitcoin crashes to 0 while still being the top crypto, than the whole market will crash violently.
member
Activity: 266
Merit: 32
March 05, 2018, 08:41:44 AM
#32
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?

$200,000,000,000 should come to Silver. When you sell, you get money/cash.
sr. member
Activity: 420
Merit: 255
March 05, 2018, 08:37:54 AM
#31
Then it will grow again hahahah. As it was said nothing can stip bitcoin by bill gates.and it was said for reason. The great and the virtue lies with not the bitcoin but the great team working to evolve block chain and thentechnology behind the btc.
The service btc user get is primium only vip of the countries only was able to have it back in time like securing private information by swiss bank is a world class.  corrupt politicians or criminals used to use swiss bank in order to hide the source of income from the govt people now every body has the same facilities via using block chain based btc service.
Btc has become a brand if market crashes it will grow eventually cause in btc people can put their trust as people have already seen how far btc can grow. And market crashes are a common phenomena in th world of crypto few cant stand the hard blows but btc is strong enough.
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