Weider (OP)
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Blockchain will change the world.
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June 21, 2017, 05:32:56 PM |
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What will happened, if ethereum completely fails and go to zero. I know, its highly unlikly... But what if? Does it means all cryptocurrencies based on ETH will fall with it? It just makes me wonder, so I wanted to ask you guys. Thank you for your respond.
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bathrobehero
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ICO? Not even once.
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June 21, 2017, 05:36:44 PM |
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Not sure, but one can hope.
Ethereum tokens are basically what walletbuilders was a year or so ago - pumping out easy to make, low effort shitcoins.
But now with ICOs instead of premines.
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Ayers
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June 21, 2017, 05:55:14 PM |
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not possible, but anyway those ico scam based on smart contract are not good for this world, bettr if they all die, there are too many of them and dev are abusing now with all this ico lately, but i think that ETH will not fall anyway, too strong at the moment
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Weider (OP)
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Blockchain will change the world.
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June 21, 2017, 06:00:55 PM |
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So all ethereum tokens cannot exist without ethereum itself? (I am still learning... Sorry)
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asepsetiawan1990
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June 21, 2017, 06:23:41 PM |
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Etheureum is an alt coin that is quite influential after bitcoin. The impact that will occur if ETH is worth zero is a tremendous mess on cryptocurrency. But in my opinion this is a small possibility.
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xbiv2
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June 21, 2017, 06:27:57 PM |
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Too big to fall?
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thompshma
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June 21, 2017, 06:29:14 PM |
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Just finding the new floor. Massive support and buy walls set at the $300 floor followed by the opposite at 400. We are going to play this game of pong for a few weeks. Should be super easy to buy low and sell high,
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thejaytiesto
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June 21, 2017, 06:36:24 PM |
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What will happened, if ethereum completely fails and go to zero. I know, its highly unlikly... But what if? Does it means all cryptocurrencies based on ETH will fall with it? It just makes me wonder, so I wanted to ask you guys. Thank you for your respond.
If you think ETH is going to 0, then open a short and get rich. I doubt you will do that. I think it will survive, but it's going to dive pretty hard. People will start realizing now how much of a clusterfuck ETH is and the difficulties it will have to scale. ICO activity is making the blockchain grow at retarded rates and it's having an impact as exchanges freeze ETH trading. Get your popcorn ready.
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ahmedjamal1998
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June 21, 2017, 06:40:52 PM |
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ETH is just one of the many altcoins available on the market. It's far unlikely to drop to zero just like that, but it's just one of the altcoins available in the market.
Other altcoins will be affected ? YES Bitcoin ? NOT REALLY.
But it's still not that simple to happen. It's the second biggest crypto currency after bitcoin.
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olushakes
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June 21, 2017, 07:25:17 PM |
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What will happened, if ethereum completely fails and go to zero. I know, its highly unlikly... But what if? Does it means all cryptocurrencies based on ETH will fall with it? It just makes me wonder, so I wanted to ask you guys. Thank you for your respond.
Even when bitcoin suffers some price crash days ago, all crytpo currencies suffers the same fate with it. Not to talk of a coin if a coin is designed on ETH and the price falls to zero , if possible the dependent coin would have gone into negative in terms of the value while some would have been delisted because of the ridiculous low prices that they would be traded.
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NorrisK
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June 21, 2017, 07:46:04 PM |
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The projects based on ether are still running on the blockchain and should be fine.
Sure they would take a hit as their valuation is largely based on ether price when the ico was held, but the projects itself should not be dead.
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Just Joe
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June 21, 2017, 07:52:29 PM |
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I agree that if ETH went to zero it would cause BTC to rise. The reason I say this is because the amount of money currently in ETH. Wouldnt people see the drop and just switch over to BTC or perhaps they would wait and buy ETH at the bottom. I certainly hope this does not happen because Im new to the crypto world and the worst thing I see about the whole process is the fact the price fluctuates too much. As a result real investors are probably rethinking about investing. Oh well Im a newbie what do I know.
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Ucy
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June 21, 2017, 08:13:27 PM |
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"Does it means all cryptocurrencies based on ETH will fall with it?"
Man, wonder why this never crossed my mind. What a scary situation it would be. This's a major loophole hackers could take advantage of and ruin most Altcoin on Ethereum Network.
There should always be backup plan for everything. Hope they have one.
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illicit
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June 21, 2017, 08:18:15 PM |
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I don't think that it would just fall down to zero because of its demands,And there I think most of the ICO are also connected to ETH .
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cahkalem
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June 21, 2017, 08:29:20 PM |
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everything can be happend on cryptoworld.. in my mind,, of course all tokens that used ethereum blockchain will be affected in short time.. but don't worry, vitalik is a genius man,, i believe he can do the best for eth ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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BitcoinerXX
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June 21, 2017, 08:30:48 PM |
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What will happened, if ethereum completely fails and go to zero. I know, its highly unlikly... But what if? Does it means all cryptocurrencies based on ETH will fall with it? It just makes me wonder, so I wanted to ask you guys. Thank you for your respond.
i doubt it will fall to 0 anytime soon. it has alot of support from legitimate businesses.
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bathrobehero
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ICO? Not even once.
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June 21, 2017, 10:03:10 PM |
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Too big to fall?
Underrated comment right here. At least it would be if we wouldn't have had "The DAO" and consequently ETC.
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Not your keys, not your coins!
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Tazmo
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June 21, 2017, 10:51:01 PM |
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ETH keeps BTC miners in check to push forward with unity to scale. Can't do it without a competitive threat. Otherwise BTC miners wouldn't be motivated to scale. It's in their interest not to.
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bitcoinvestor
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June 22, 2017, 12:20:07 AM |
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What will happened, if ethereum completely fails and go to zero. I know, its highly unlikly... But what if? Does it means all cryptocurrencies based on ETH will fall with it? It just makes me wonder, so I wanted to ask you guys. Thank you for your respond.
That questions doesn't make sense. What's the eth marketcap? Zero , eth price now 0.123 to be zero. You may wait 10 years later may be zero or may be 5000 usd. if ETH down to 0.09 , it can be possible, I wait for that to buy. you will make profit after that because the price will rise again.
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leowonderful
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June 22, 2017, 01:14:12 AM |
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It'd take some serious failure on ETH and/or all tokens being disabled or leaving. I don't see ETH plummeting to zero, but short term there will definitely be a drop; the transaction backlog is causing huge problems downstream, one reason why the token system is flawed.
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