Post
Topic
Board Altcoin Discussion
Re: Ethereum-based coins
by
snowcrashed
on 07/07/2017, 02:56:41 UTC
I've got a question regarding Ethereum in general.

Let's say ETH falls apart with it's price.
How does it affect coins which are based on Ethereum? Do they also take some damage or something?
How they're connected with each other if at all?

Another thing is - I've read somewhere that ETH founder (Vitalik Buterin) can wipe all of your ETH with one command or something like that. Is it some meme or is it actually true?

in my opinion, ETH is the leader, other altcoins easily influenced by ETH, when eth price go down, other coin must pump relevantly
So basically, other smartcontracts are based on Ethereum blockchain but it's not influent too much to each other so Eth price down won't affect much to other currencies.