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/biz/ - Business & Finance

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5357049 No.5357049 [Reply] [Original]

Do you think crypto can still become a working market without btc? Or do you think if btc dies, which isn't looking very unlikely at the moment, everything else dies with it. I'm thinking about moving all funds straight to ETH

>> No.5357083

lol

>> No.5357128

>>5357049
It would drag down the whole market, totally crash it, but after a brief mourning period of a few hours, people will realize that they can trade other currencies without BTC just fine. The exchanges could even simply replace BTC with BCH and keep going. I'm using ETH for all intents and purposes anyway.

>> No.5357152

>>5357049

You must be new here...

This happens every few months

>> No.5357177

>isn't looking very unlikely
kek

>> No.5357188

>>5357049
Do what you want OP, I would tell you to go into xlm because even if BTC, BCH, and ETH crashed, the team is working to bring lumens to normies and banks alike.

>> No.5357193

for as long as BTC is the main pairing on exchanges we need it

>> No.5357210

>>5357049
There is BTC CASH dude.

>> No.5357229

>>5357152
Bitcoin crashes and everyone abandons it regularly? When was the last time that happened anon?

>> No.5357567

>>5357049
Yes. It has to happen eventually. And the market will be more healthy afterwards, since there is no monolithic dinosaur whose hickups drive down all other coins anymore.

>> No.5357578

>>5357049
its sad yes. last year i alwqys used btc to move funds around. now im only using eth. btc isnt just worth it anymore..

>> No.5357653

I don't know anon, it looks like Monero still has a large and growing market. Ethereum and Ripple will probably survive, too.

>> No.5358014

>>5357653
yeah I don't think it will all die at once

when Ripple and another coin also bubble and burst, it becomes a problem

>> No.5358308

>>5357229
November, when it "crashed" from 7500 to 5500.
Before that in May when it "crashed" from 2700 to 2000.
And before that in March when it "crashed" from 1250 to 900.
And before that in January when it "crashed" from 1150 to 750.

Note how they're all in the range of 25% to 35%.
I'm not saying this trend will keep going forever, but you should also know that on all these occasions the doomsayers have proclaimed the death of Bitcoin. Not even mentioning anything prior to 2017.

>> No.5358381

>>5358308
Don't tell the Normies about that... You'll encourage them to stay. Just let them come back a year later when the bubble is about to burst again