Why are you putting words in my mouth? I haven't said that.
I said that a lot of value will flow into USD, and when the market recovers AMP will skyrocket since AMP will gain a lot of foothold vs BTC.
But even this might change, ETH is already coming out with a debit card I think, so I doubt in the future the market will just crash, they will just shuffle around the money between altcoins, but less will flow back into FIAT.
If you think about it, only idiots who want their account to be hacked are storing a lot of money on exchanges. Most rich people have already setup their cold storage in altcoins.
So I would expect a lot of more money to stay in altcoin in the future.
What this will do is that, if there will be an AMP/ETH pair in the future, the value will just shuffle around between AMP/ETH and AMP/BTC, but would not change that much in terms of USD.
I don't know what future you are talking about but august 1 is the very near future and if Bitcoin crashes, AMP will crash twice as hard. What happens in the far away future, we will see in the far away future.
Yes I agree, glad that is settled.
But the Bitcoin might just not crash vs the USD, but they might just move money into ETH. Why would they sell ETH too when BTC crashes? Makes no sense , ETH is the main competitor, and people can just move money into ETH.
And by August I hope Wildspark will be out there widely used by many people, so it might not even be that bad, if they would make some project involving ETH as well, it could turn out even well.
Like they could integrate some kind of ETH smart contract with Wildspark and built on top of it.
LIke obviously using BTC as a backboke (with OMNI) is more secure even after the hardfork, but as a 2nd layer application that they are talking about in the roadmap, they could use ETH smart contracts.
The 2nd layer attention economy that they are talking about, that can easily be built on ETH.
So then AMP will be less suspectible to BTC/ETH rivalry and would just mostly grow in price.