3angel84
Newbie
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Activity: 130
Merit: 0
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April 17, 2018, 02:37:09 PM |
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If this premises will happen then,we all going down too,it's too hard to prejudice too in the present situation in which Bitcoin is at the pedestal right now,technology will never be going down,it will always in the mode of it's development,nothing can pull Bitcoin down.
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"You Asked For Change, We Gave You Coins" -- casascius
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pucunghul
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April 17, 2018, 02:46:13 PM |
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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?
during this decade, there is no single proof bitcoin going to zero. there are always some beginners who ask like this. I think, the OP can learn the history of bitcoin from time to time. bicoin always survives despite the big crash as happened earlier this year. now the bitcoin is able to grow back. |
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EmJay
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April 17, 2018, 05:19:59 PM |
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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 don't think it will happen but in case it will happen to bitcoin that it will drop to zero, I don't think other cryptocurrencies can survive as bitcoin is the number 1 cryptocurrency for a long time. And has a bigger value at it plays an important role in crypto world. |
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Visteryy
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Activity: 322
Merit: 10
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April 17, 2018, 05:22:48 PM |
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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 it would be a world destruction day if the price of bitcoin was $ 0. The blockchain technology will collapse and everyone will lose their property. The economy of the world will be severely reduced |
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DarkIT
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April 17, 2018, 05:34:06 PM |
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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 it would be a world destruction day if the price of bitcoin was $ 0. The blockchain technology will collapse and everyone will lose their property. The economy of the world will be severely reduced bitcoin will always have value, in spite of crashes, it's just price, and the quality will decrease. well, I guess that also only happened at some time before bitcoin back in fix its own price. people's need for bitcoin is always growing every day. |
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carlisle1
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April 17, 2018, 05:47:01 PM |
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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. i dont think that all altcoin will back to zero because altcoins has theyre own platforms,and thinking about ethereum whos waiting for the moment to take place after bitcoin..the platform is ready and if bitcoin dies ethereum will take its place..though for sure many investors will back out first but in time they will be back for eth not the drad bitcoin that time |
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Gabb
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April 18, 2018, 02:55:32 AM |
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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 believe that in the first instance we would see an understandable fall in the price of all the altcoins given the strong link that still exists between the price of bitcoin and that of all other cryptocurrencies, but I have no doubt that given the proven usefulness of the altcoins, would gradually tend to a recovery completely unrelated to bitcoin, but related to its true intrinsic value. |
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Clearstream
Jr. Member
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Activity: 378
Merit: 4
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April 18, 2018, 04:21:08 AM |
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do not make impossible assumptions . this is meaningless . bitcoin is decentralized and widely distributed throughout the world . if bitcoin prices are too low , many people will buy them and prices will rise again .
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fndsr
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April 18, 2018, 04:24:39 AM |
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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?
no one can make predictions about it indeed bitcoin is currently the highest currency value can even be a guide for other coins but for as a price guide for other currencies I think we can not predict |
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dogz12
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Activity: 210
Merit: 15
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April 18, 2018, 04:36:16 AM |
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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?
Domino effect, if bitcoin falls down then the rest of the currencies would fall down also. Prices tends to go down and crashes but i dont think bitcoins prices would ever reach zero. |
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