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RE: BITCOIN UPDATE: CAN BITCOIN BE REPLACED BY ANOTHER SUPERIOR COIN? HOUSE OF HORRORS!!!

in #bitcoin7 years ago

If BTC no longer becomes the reference coin and is replaced by another reference coin, then it becomes subordinate to that. So, I can't see BTC being inifinitely valuable as a subordinate coin and no longer a reference standard.

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Yes, but that scenario is against the your prognose in the chart. If your HS scenario is correct, then opposite fundamental event shall arive. For example some huge improvement of bitcoin like lightning or sth else we dont know yet, that sweeps out altcoins.

I agree with @haejin completely about what he says about BTC here. The market has lost confidence in it and when the BTC whales who hold so much BTC realise, they will just play the markets till they've offloaded their stash and traded it to something else, and you are right in this post and your replies. What will they trade it for?? DASH? I love your videos.

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