Value of Altcoin IF Bitcoin splits

[mindrust]

I share the same feelings on one thing though, if ETH becomes #1 just after bitcoin gets broken because of the miners' greed, yes i'll probably end my crypto life either. I

Bitcoin will not be broken by not being the first in terms of market cap.

If we lose bitcoin to bitmain, that would be enough for me to consider it as "broken". Centralized crypto = broken.

It won't be broken because of losing its #1 position  on market cap, it will lose its MC position because itl'll get centralized and people will dump their coins for some other crypto..

[coinplus]

Hello all, as the title suggests, if there is chain split for Bitcoin on Aug 1, what would the value of Altcoins be hedged on?
Also, for people who are holding altcoin in their portfolio, which type of Bitcoin will exchanges allow?

Is chain split going to happen at all btw?

I don’t think there will be any split in the bitcoin, some other rules and may possibly be implemented on 01 August but I am not sure that the bitcoin is going to be split. If it happens that I am sure not going to happen but it will risk the BTC holders for any further trust on the Bitcoin. I hope they will sort out a better way and not split the Bitcoin. The other part is that the prices of many alts are almost on a boom even today so not a big deal for them.