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RE: ETHER (ETH) Update: BEAUTIFUL FIVE WAVES UP! But a temporary top approaches....details in this blog!
is it possible that if bitcoin crashes heavily then ordinary folk may be too scared to put their money into bitcoin ?
I can see that scenario, but mostly because of the price point. Now that the altcoins have proven to be faster, cheaper, and profitable, I think pointing new comers in that direction is a good thing, as long as they don't go in blind. If they're just throwing money at it, bitcoin is probably the best thing for them anyhow. And with that whole paragraph I wrote up there....that's a positive outlook....on the other side, I also think it could take two more rounds to get more people on board, and that's mostly because it's very difficult for those who are non savvy in this realm to even understand what blockchain is, what cryptocurrency is, etc.....Once the big mainstream banks and business platforms adapt, it will creep more and more into everyone's lives....whether they like it or not really.
Very good reply thank you ! It is certainly interesting times !