IF there’s a bitcoin blockchain split and the overall value of both sides added together DROPS (as some people say, i.e. before split BTC = $1,000 but after split with say 80/20 hashrate division, the value is not $800/$200 but rather something like $600/$100, or less, due to loss of network effect)… do you guys think the “lost value” will just disappear i.e. go back to “dollars” as leaving “crypto” entirely, OR would it be reflected in increased “dollar value” of ALTS (even as, probably, the relevant alt-value as priced “in bitcoin” will almost certainly decrease…?)
TL;DR above :: if there’s a BTC chain split, will those of us with appropriately balanced portfolios of alt-coins (XMR/ETH/MAID/DASH/etc) see the dollar-valuation of that portfolio stay largely the same, or will we need to be ready to DO something other than just ride-out the storm until bitcoin settles down again, post-split…?
Whadda Y’all Think… who’s planning for what scenarios here?
This is an interesting question. I think I agree (with keyjockey) who said it will bring down all crypto. bitcoin and hence crypto in general will struggle. rather than cash out in fiat, I’d prefer physical silver and gold. Its giving me some food for thought on how to rebalance portfolio. How likely is a bitcoin fork anyway ?
Published at Thu, 23 Mar 2017 14:06:29 +0000
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By CashlessWay – Global Hub for ePayment Culture on 2014-06-28 09:38:54
