If Bitcoin were to completely bottom out, what would happen to the altcoins?
You have created this thread in the peak of dumping of market , when Bitcoin and altcoin is swimming to Bloody Market.
So i can't blame you from thinking like this.
Follow the crypto superstar to a fiery death? or Skyrocket passed their predecessor?
What will happen is still depend to the people who Uses crypto , But more or less before this happen surely there will be another great coin to take over.
I believe that Satoshi had a vision where blockchain technology and cryptocurrency would be the foundation of the world. But as we all know Rome wasn't built in a day(unlike bitcoins run to 20k). What if in this vision Bitcoin wasn't meant to be the gold of the internet but rather a mold of what should be created. When comparing bitcoin to its rivals, it is usually at a disadvantage in the technology department yet, it is still the most valued crypto. While Lightning network has been less than impressive, other crypto tech has been stealing the spotlight. Ripple is currently holding the fastest transaction time of roughly 3 seconds(avg. transaction time for bitcoin~60min). EOS while navigating a rough mainnet launch is dropping EON which looks to fundamentally solve problems within EOS. Investors are already talking about EON being crypto-gold in the near future.
I also do believe in Satoshi's Visualization .
Don't give up hope if Bitcoin does take a turn for the worst. Trust the Tech, better days are on their way.
None of us think of this , Only you are making this worst as an issue , so tell that to yourself i think?
