News for hackers. Stuff that matters.

A comment on Crypto Market Crash Leaving Bankrupt Startups in Its Wake. Parent comment

Re:Crypto Market Crash Leaving Bankrupt Startups in Its Wake by Animats on Sunday December 09, 2018 @02:56PM (#18642910)
BTC may survive, but ETH is down more than 90% and it's not looking good.[1]

[1] https://coinmarketcap.com/currencies/ethereum/

[ Parent | on HN ]
Re:Crypto Market Crash Leaving Bankrupt Startups in Its Wake by EthanHeilman on Sunday December 09, 2018 @03:48PM (#18643159)
It is counter-intuitive but 90% drops in the price of a cryptocurrency don't result in that cryptocurrency dying. What kills a cryptocurrency is exchanges delisting it and/or having no developers. Price decreases are unlikely to directly cause either of these to happen to Ethereum.
[ Parent | on HN ]
Re:Crypto Market Crash Leaving Bankrupt Startups in Its Wake by wtvanhest on Sunday December 09, 2018 @08:11PM (#18644432)
Isnt the price reduction what can lead to the 51% attack?
[ Parent | on HN ]