Quote from: ISYOUSERIOUS on December 02, 2017, 05:59:00 PM

I purchased several thousand shares of Groestlcoin when it was around .50 cents per share. At the time that was equivalent to approximately 7000 satoshis. At this moment Groestlcoin is at .75 cents per share yet still at 7000 satoshis due to the price increase of Bitcoin? I see many people hoping that Bitcoin fails so that the Alt coins can surge in price. If Bitcoin were to burst I see the opposite affect happening unless someone can enlighten me, I only have a few months experience with cryptos. Here I am thinking my money is safe because I don't own Bitcoin but if Bitcoin bursts and 7000 satoshis is then worth .5 cents that is a tremendous loss. Groestlcoin hit a high of $1.57 at around 20,000 satoshis. 20,000 satoshis is now worth over $2.25. Can anyone explain this to me. Is my assertion correct that Bitcoin has a direct impact and that all altcoins will suffer greatly if/WHEN it bursts?

If bitcoin goes down, he will pull all the altcoins behind him. I think that we need a parallel trend bitcoin, so that the altcoy can freely grow. Wink