Quote from: aesma on February 15, 2014, 06:46:44 PM

Quote from: wbaw on February 14, 2014, 09:40:42 PM

Quote from: Mythul on February 14, 2014, 09:44:01 AM

If BTC falls we all fall miners, hackers, speculators, hodlers.

But it won't. It went one time to $3 and then up to $1000.

BTC is eventually doomed & will return to 0, but not yet.

Holding is still a gamble (if you ever bought any), you might be asleep when the real crash comes & you wont know until after it has happened.

Other alts will live on, so I hodl those & just keep a few small parts of a btc, hedging reduces risk.

I can't see how bitcoin could fail letting altcoins live on or even prosper. The day bitcoin dies, all alts will die with it (or will have died long before).

I agree, but I also believe that in the future we will start seeing alt coins that are actually a lot different to bitcoin, there's far to many alts now and they are all the same so if anyone creating one that they want to get anywhere rather than a pump & dump. So I hope that we have enough difference in cyptro currencies that issues in one coin won't be present in some alts. I also think alts are a good testing ground. If there's ever an issue with part of the protocol and an alt has been working perfectly with it a different way then we have a proven way that works to change too. The more ways we try things the more likely we are to get it working as needed with as little problems as possible.