RE: Uber drivers are thinking to invest in Bitcoin

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Uber drivers are thinking to invest in Bitcoin

in bitcoin •  7 years ago 

Don't you think that if bitcoin collapses all other cryptocurrencies will collapse as well due to the nature of how crypto works, since when bitcoin falls in price most cryptos fall in price.

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I don't think that if bitcoin falls, the 'other' crypto fall as well. Just like in the stock market bubble some of the companies are huge now, the same applies to crypto, some of them will be around for 20 years from now.