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I'm not expert (really, shocking I know), is there a scenario where the market starts going and the well known coins become the store of value? If the throttle
by atwebb 9y ago
I'm not expert (really, shocking I know), is there a scenario where the market starts going and the well known coins become the store of value?
If the throttle is on converting back to fiat currency, then BTC/ETH/(LTC?) will be in demand and have the longest hold periods since they are currently the gateway out.
- ufo 9y agoSort of. If this goes the same way it did with mtgox in 2013, we should expect to see bitcoin prices shoot up in the tether exchanges and go down in the USD exchanges.
- maxerickson 9y agoIn a collapse scenario there will be more speculative buying of some of them, but it certainly won't be at high prices. (this is vaguely tautological statement, if the prices stay high then it isn't a collapse, etc.)