*" total amount of tether"*

I'm afraid if you don't understand why this point could potentially not be relevant in such an event, you don't understand how market cap is fake and how order books can be cleared.

![Ethereum Flash Crash.png](https://steemitimages.com/DQmQS1B7jsPbKs3rN88NrKwjurtpJ85ywvipUqWhoRk8xHx/Ethereum%20Flash%20Crash.png)

*"This post starts off calling bitcoin "shitcoin", so there's heavy bias off the bat and at the end."*

I just calls em like I sees em. If you knew my propensity to devil's advocate, you wouldn't accuse me of "FUD". If Bitcoin is not a shitcoin, why do (almost? not even sure I need the qualifier...) all the other top coins have faster transactions AND lower fees? Why is Bitcoin worth 8x what it was a year ago, despite performing all of its functions more poorly (other than speculation?) Did the whitepaper say "Casino Shitcoin" in it somewhere that I missed?

I was BTC's biggest proponent for most of its life, while it had fast transactions and almost no fees. Now, I can't throw a dart at CoinMarketCap without hitting a crypto that has BOTH faster transactions and lower fees. We're typing across the platform of one right now.

FWIW, I think there are many options better than Bitcoin Cash on fundamentals, but the market is not always huge on fundamentals. Monero is one. If you're ok with higher risk, there are many more worth considering.

What you call bias, I correctly call telling it like it is. The fact that Bitcoin Cash is the best current alternative to fulfill the market's fickle need for name recognition and network effect, and the fact I have put my money there, does not detract from the obvious points of fees and transaction times.

You'll note this line:

*"although nowhere will be safe in this type of event but maybe fiat."*

I didn't have time to write a longer, more even-handed post. If people are looking for a crypto safe-haven, then Ethereum is also possibly an option that would be "harmed less" if Bitcoin went to sub-$1000 in a Gox-like event again.

__FIAT IS PROBABLY ALL THAT IS "SAFE" IN SUCH A CRASH.__

PS - I liked your original comment better, before you edited it to sound like I am some sort of FUD spreading pumper, instead of the wise font of Crypto knowledge I actually am:

![Segwit1x2.png](https://steemitimages.com/DQmVj8LvjnRV9u8gLwa1Pb3jyVx8b6iibbkgQ8UPSxQH34t/Segwit1x2.png)

![Segwit1x3.png](https://steemitimages.com/DQmbUFBrUY6FMoChzhJUjNNKoSZpF1EGhC75VaeodfegZmv/Segwit1x3.png)

PS - Yes, for anyone who hasn't read my other posts, I hold a lot of Bitcoin Cash - the rest is in Steem, EOS, NEO, OMG, (edit: forgot I have some Monero too) and some small holds that don't really merit mentioning. Had this post been intended as serious financial advice, rather than merely a big warning sign, I'd have mentioned that.

__NO CRYPTO IS SAFE.__