If this becomes true then the hit will be huge for the crypto sector.
So far if bitcoin is good, everyone else is good, and if bitcoin is bad everyone else is bad.
If this happens to bitcoin the dip would be catastrophic and a lot of weak hands will end up sellin to never return, or perhaps to return much much later on.
But probably, after the huge dip, crypto could end up stronger than ever since the new number 1 will probably be a better coin.
Ps: so you think people like mcaffe and his huge predictions are wrong?
Which predictions in particular? Bitcoin to $1 million USD? Yeah, that ain't happening.