Bitcoin Forum
October 08, 2024, 05:33:57 PM *
News: Latest Bitcoin Core release: 28.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 2 3 4 5 [6]  All
  Print  
Author Topic: If the BTC crash, will it take every other coin with it?  (Read 1764 times)
Cryptrx
Jr. Member
*
Offline Offline

Activity: 498
Merit: 1

Worlds Simplest Cryptocurrency Wallet


View Profile
October 16, 2018, 08:37:38 PM
 #101

Depending on the reason for its crash. If it's something that generally affects other cryptocurrencies it will definitely affect other coins but if it's bitcoin specific problem I doubt it will have major impact on other coins.

▂▂▂▂▂▂▂▂▂▂▂▂▂▃▅▆█ L E A D █▆▅▃▂▂▂▂▂▂▂▂▂▂▂▂
World's Simplest and Safest Decentralized Cryptocurrency Wallet!
▬▬▬▬▬▬▬ • STORE • SEND •
goku1525
Member
**
Offline Offline

Activity: 420
Merit: 50


View Profile
October 16, 2018, 09:08:58 PM
 #102

Depending on the reason for its crash. If it's something that generally affects other cryptocurrencies it will definitely affect other coins but if it's bitcoin specific problem I doubt it will have major impact on other coins.

If bitcoin will crash then all coins also crash because this technology only bitcoin they supported towards a replacement of fiat in the future .All coins are depended in one market which is BTC as you look they are all on trend .
Argoo
Full Member
***
Offline Offline

Activity: 2380
Merit: 245


View Profile
October 16, 2018, 09:21:38 PM
 #103

Depending on the reason for its crash. If it's something that generally affects other cryptocurrencies it will definitely affect other coins but if it's bitcoin specific problem I doubt it will have major impact on other coins.

If bitcoin will crash then all coins also crash because this technology only bitcoin they supported towards a replacement of fiat in the future .All coins are depended in one market which is BTC as you look they are all on trend .
Some interesting thoughts on this forum. Suppose there was negative information about Bitcoin, there was a big panic, Bitcoin devalued, collapsed. Yes, for some time there will be confusion in the market. However, then everything will settle down and line up in a new system. Now each cryptocurrency is able to work independently. The choice of the exchange mechanism, the selection of pairs, these are already technical details. This, of course, is simplistic, but I see no reason for the market to disappear in this case.
Pages: « 1 2 3 4 5 [6]  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!