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Author Topic: What if bitcoin crashes?  (Read 582 times)
lolek_bolek (OP)
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March 05, 2018, 07:23:14 AM
 #1

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?
belyaevi
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March 05, 2018, 07:27:39 AM
 #2

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?

All the alt coins will also collapse with this. I do not think that we will ever see bitcoin coming to zero even if it collapses. People who were involved in the planning of this concept will remain invested with some amount just to support it. However, if it goes to $1000 or below (which can happen because of strict laws in developed countries), a lot of alt coins will be completely wiped out. We should keep in mind that most of these alt coins are sold based on the popularity of bitcoins only and thus they will suffer due to bitcoin prices decreasing.
millgates
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March 05, 2018, 07:28:12 AM
 #3

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?
Likely yes, if that happens then people will loss thrust to all cryptocurrencies. It will become very bad news that will cause hard crash to all cryptocurrencies price. Then people will looking another type of alternative currency.
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March 05, 2018, 07:35:36 AM
 #4

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?



What if you first seek out education that is important enough for your knowledge?
you will have a considerable insight, and when you discuss here. you will do enough to keep a lot of people open. What do you think ?

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March 05, 2018, 07:37:28 AM
 #5

There will definitely be mental panics for those who are investing in bitcoins
boboking
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March 05, 2018, 07:47:48 AM
 #6

Lets pretend  this will happen i think there will be panic on all market leaving all altcoins vunerable to crashing, mass media and social media will definetly broadcast this, creating more panic.

But to be honest i  can see that some coins will not go to zero. Some altcoins has supporters as well. I think ethereum will be one of the coin that will survive.
St4yInTh3D4rk
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March 05, 2018, 07:55:17 AM
 #7

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?
Yeah I think all the other crypto currencies may also crashes because people trusting on other crypto currencies due to the bitcoin's growth rate if it fails then people will lose their trust or interest on other cryptos as well in my opinion.

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brio18
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March 05, 2018, 08:07:54 AM
 #8

it is a nightmare for people who invest in bitcoin. it will be hot gossip. mass media and social media will definitely broadcast about this.
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March 05, 2018, 09:59:13 AM
 #9

If a serious crash like that was to happen I could see it having a huge knock on affect to most other crypto currencies. The chances of it happening are really low unless someone found a exploit to bitcoin and it's block chain.
I would still hodl.

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March 05, 2018, 10:02:27 AM
 #10

Bitcoin will not crash easily, but if this thing happen, I’m pretty sure all cryptocurrency are on risk because of the fallen value of bitcoin which consider as a great coin. I still believe this thing is just an speculation of a negative thinker, bitcoin will keep on soaring higher.
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March 05, 2018, 10:03:16 AM
 #11

If that happens, then I think all the other tokens are going to be 0, because if bitcoin loses value, then the other altcoin is worthless.
But I think the probability of this happening is almost zero, because there are a lot of believers in bitcoin,

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March 05, 2018, 10:07:07 AM
 #12

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 dont think that bitcoin would crash. But lets put it to be crashed and have some especulations. If bitcoin will crash the a new cryptocurrency will emerge and will be the next bitcoin, but then again people will have to second thought when they invest because they will have to look back at the history where a prominent cryptocurrency is crashed and all the investors got zero from their investments.

12tribes
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March 05, 2018, 10:17:52 AM
 #13

The question is "what if" and the answer to that is that life still continues if it ever crashes...... However you must know that this is a hypothetical scenario and realistically that could never happen.........

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March 05, 2018, 10:18:13 AM
 #14

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?

Bumps are for cars, crashes are for planes not for bitcoin. Somehow it could possibly be turned in to cash rather than crash. Anyways, I have believed in bitcoin for a lot of months and saying I will keep on believing unto it until  it could, or until it would, last since these is my source of income now.

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TorbiK
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March 05, 2018, 10:20:43 AM
 #15

Million times already asked this. Is it not clear that no one knows how and when this will happen and what will be the consequences.

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March 05, 2018, 10:27:06 AM
 #16

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?
This will never going to happen as bitcoin already gained the trust of people and investors, but let us assume that bitcoin crashes or pops out because it is just a bubble, people will panic of course due to a massive loss. The cryptomarket will drop as the "king" is dead likewise of altcoins, it will slowly drop. Anyways this is just a hypothetical event and 90% of the time it won't happen.
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March 05, 2018, 10:38:02 AM
 #17

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?
bitcoin price will not drop to 0 because there will always be people who take advantage of the price reduction from bitcoin and will not visit it to buy bitcoin on a large scale and if it happens to eat bitcoin prices will rise again, amid a significant price increase due to large-scale purchase, then there will be people who will panic to go buy without careful consideration and in the end they get stuck at a high price point and when big buyers sell all the bitcoins suddenly, then the panicked people will be afraid to cut loss in the hope that the price will stay up after the correction and in the case of bitcoin prices will persist.
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March 05, 2018, 10:40:17 AM
 #18

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?

history tells us that if bitcoin drops, crashes or ... then all the altcoins without an exception will have a much bigger drop, crash ,... than bitcoin had.
so it is not really a matter of what we think but a matter of what has happened many times already.

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March 05, 2018, 10:43:52 AM
 #19

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 if the price of bitcoin goes down to zero, then most of the altcoin in the market will also be zero, and there may be only a few altcoins left. The rest of the price will go down a lot.
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March 05, 2018, 10:48:46 AM
 #20

Bitcoin market was not that popular until 1 year ago. It was fluctuating many times during the day. It was very well earned by buying and selling on this account.
Now so many people have entered the market that the market is moving very quietly. Making money is not as easy as the old one.
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