Alt coins

[Splintersfury]

If bitcoin crashes, will the other coins come crashing down or will ethereum take over?

 

[TeslaFan]

Some will go up relative to bitcion. For example i have i cash at 500 satoshy 2 cents. Bitcoin crashes to $1000 then if icash stas at 2 cents i have 1000 satoshies. I personally don't look at the price against fiat but against bitcoin when trading so if icash is 300 sat and it goes to 400 and i sell i make 100 sat that is how i look at it but most people value fiat and that is all they care about so it's up to you.

 

[Splintersfury]

Some will go up relative to bitcion. For example i have i cash at 500 satoshy 2 cents. Bitcoin crashes to $1000 then if icash stas at 2 cents i have 1000 satoshies. I personally don't look at the price against fiat but against bitcoin when trading so if icash is 300 sat and it goes to 400 and i sell i make 100 sat that is how i look at it but most people value fiat and that is all they care about so it's up to you.

But what about tokens on top of the coin itself? Quite scary if everything is dependent on bitcoin itself don't you think so?