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RE: Bitcoin now accounts for less than half the market cap of all Cryptocurrencies

in #bitcoin8 years ago

Back in FEB. BITCOIN was over 87%.
I wonder how much will flee back to bitcoin once the 95% who have never even heard of it, start rushing into it.
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I am not sure what will cause it, but I am sure people will flee back into Bitcoin at some point. I do think that it's days of over 90% plus total market cap of the space are over though. Too much good technology being developed.

History will reveal it... but people fearing the banksters causing a market crash will be how & why.
GREECE
CYPRUS
VENEZUELA
INDIA
Take your pick.

So you think a stock market crash will also cause a crypto currency crash?

only some will survive.. many will fail.
and it is not "A" stockmarket crash.. it will be the currency reset that will be referred to in history for centuries, much like "The Great Depression".

Is it also possible that in this fiat currency crash and stock market crash people may flee to digital currencies like bitcoin as a form of safety?

Cover your bases
barter trades will also work
medicines
tools
fuel
lighters
booze
how much will hand rolled tobacco be worth to someone who smokes?
Do not rely on one form of currency.