if btc drops... - page 2. | Bitcointalksearch.org

_ZeD_

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Quote from: bigjuk on September 03, 2019, 03:55:15 PM

Quote from: vegitossjgod1 on June 20, 2019, 08:46:13 PM

if btc drops to 7-8k range what happens to alts?

if bitcoin goes down i will buy bitcoin and i will hold it until bitcoin has a value of 25 thousand dollars .but at the moment bitcoin has a pretty good rise graph even altcoin is also following the bitcoin price movements,bitcoin and altcoin will continue to move up at the end of this year.

If you sell it for 25k, how will you feel if bitcoin grows to 100k???
But on the whole I agree. If you do not worry about the lost profits, then any profit is good.

bigjuk

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Quote from: vegitossjgod1 on June 20, 2019, 08:46:13 PM

if btc drops to 7-8k range what happens to alts?

if bitcoin goes down i will buy bitcoin and i will hold it until bitcoin has a value of 25 thousand dollars .but at the moment bitcoin has a pretty good rise graph even altcoin is also following the bitcoin price movements,bitcoin and altcoin will continue to move up at the end of this year.

Tobikov

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Quote from: Leo on September 03, 2019, 03:09:59 PM

such questions needs not to be asked again, if only you are new to the crypto world that you might not know, it's so obvious that whenever bitcoin dumps altcoins will follow suite in dumping too,

Likewise when bitcoin pump altcoins will definitely dump, it's just when it's stabilized before altcoins can pump

quite right, this pattern occurs again and again, it was possible in principle to get used to it, and even if you are a beginner then notice it yourself. This is an established market template. If Bitcoin now drops to 7-8k it's not so scary. Now, if it falls to 2k, then we will see such a big ass that the light will not be visible.

Leo

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Quote from: vegitossjgod1 on June 20, 2019, 08:46:13 PM

if btc drops to 7-8k range what happens to alts?

such questions needs not to be asked again, if only you are new to the crypto world that you might not know, it's so obvious that whenever bitcoin dumps altcoins will follow suite in dumping too,

Likewise when bitcoin pump altcoins will definitely dump, it's just when it's stabilized before altcoins can pump

sana54210

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Quote from: ATSgrowth on August 28, 2019, 04:59:00 AM

There are 2 possible scenarios:
1. finally this will start the altseason because capital from BTC will move to altcoins
2. the trend will continue and people will sell their altcoins in panic Cry

You wish, if you see people moving money out of bitcoin, it is because they are moving it out to bitcoin to convert to fiat for them to spend, so I don’t know what gave you the impression that they are moving it into altcoins.

They all have their different use case and most people you see today already have enough investment in altcoins and bitcoin, if bitcoin is removed, it is because their investment in it has already grown, and they would wait for altcoin too to grow rather than putting money back into it, and the only thing that can make altcoin to grow is its use case, then they can have people that will consider putting money into their market. If bitcoin drops, people would only buy more of it for its cheaper price.

ATSgrowth

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There are 2 possible scenarios:
1. finally this will start the altseason because capital from BTC will move to altcoins
2. the trend will continue and people will sell their altcoins in panic Cry

Dewi Aries

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Quote from: lienfaye on August 28, 2019, 04:11:33 AM

Quote from: DonFacundo on August 28, 2019, 12:32:22 AM

Quote from: vegitossjgod1 on June 20, 2019, 08:46:13 PM

if btc drops to 7-8k range what happens to alts?

then the altcoins will drop as well.. we have seen before that when bitcoin goes up or down then the altcoins will follow. I guess the altcoin investors relies bitcoin movement.

Well yes altcoins will follow bitcoin once it drops but not to the point it will also recover if btc bounce back.

As we can see the progress of btc from early of this year are quite good but alts remain at the bottom especially those altcoins that are not popular.

Nowadays a lot of altcoins or maybe we can called tokens not really good in market. Maybe because there are much kind of it and investors which start to be on bad phase. A lot of project fail make investor lose their money and we know if this thing keep happened, there are no investors left and tokens will not worth anymore. But maybe in other side, trader of altcoin, especially old altcoins can fill market with high volume trading like in past.

lienfaye

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Quote from: DonFacundo on August 28, 2019, 12:32:22 AM

Quote from: vegitossjgod1 on June 20, 2019, 08:46:13 PM

if btc drops to 7-8k range what happens to alts?

then the altcoins will drop as well.. we have seen before that when bitcoin goes up or down then the altcoins will follow. I guess the altcoin investors relies bitcoin movement.

Well yes altcoins will follow bitcoin once it drops but not to the point it will also recover if btc bounce back.

As we can see the progress of btc from early of this year are quite good but alts remain at the bottom especially those altcoins that are not popular.

leea-1334

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Quote from: hahay on August 27, 2019, 06:21:00 PM

When the price of bitcoin goes up, altcoins still suffer, so it's clear when btc drops, of course altcoins will suffer more. But even so altcoins will still recover when the season has arrived because it is not always the bear market continues, there are still times that will make the market bullish because of a positive trend that will occur.

It has happened in the opposite direction before though, especially in 2017 I remember several times when BTC dropped in price and altcoins just loved it. This also affected dominance (by market cap),,, and at one point people talked about stuff like Flippening.

Will this scenario happen again? I do not think so, but I never say never;)

DonFacundo

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Quote from: vegitossjgod1 on June 20, 2019, 08:46:13 PM

if btc drops to 7-8k range what happens to alts?

then the altcoins will drop as well.. we have seen before that when bitcoin goes up or down then the altcoins will follow. I guess the altcoin investors relies bitcoin movement.

hahay

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When the price of bitcoin goes up, altcoins still suffer, so it's clear when btc drops, of course altcoins will suffer more. But even so altcoins will still recover when the season has arrived because it is not always the bear market continues, there are still times that will make the market bullish because of a positive trend that will occur.

andreibi

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The truth of the matter is: When Bitcoin pumps hard or crashes harder, all altcoins suffer. The best time for altcoin markets to grow is a stable priced Bitcoin.

Why? A hard pump will lure traders to trade Bitcoin because it is most liquid and you can easily enter the market even with 100BTC up. A BTC crash could mean money is flowing out of crypto entirely which means money out of alts.

Sendi blackspade team

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Quote from: Jpt on August 27, 2019, 10:24:24 AM

Judging the current market situation, I can say that all altcoins will follow suit if btc drops in price. Traders and investors start selling off their altcoins once btc falls making the market of altcoins more vulnerable. It is because BTC has more dominance of the crypto market.

That is very true. market demand is still very low, with trade not increasing this will be bad if there is a decline in the price of bitcoin. all coins may experience a large decrease, and it will be very difficult to grow them again. because actually there are still many altcoins that haven't risen from the decline that occurred since 2018.

Jpt

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Judging the current market situation, I can say that all altcoins will follow suit if btc drops in price. Traders and investors start selling off their altcoins once btc falls making the market of altcoins more vulnerable. It is because BTC has more dominance of the crypto market.

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Quote from: Lampohtapek on August 19, 2019, 01:45:28 PM

In the world of cryptocurrency, anything can happen, no human can guess and ensure with certainty that the price of BTC will go down or go up, therefore, it makes sense if the price in the market goes up or down because it can bring blessings to us all

I do not think that we would go so deep again, because the party is just about to start. In October-November, crypto prices should explode, because of a bunch of positive news that would happen like Libra and Bakkt launch.

I think we need much more development than these two news you mentioned and I really don't see how they can affect bitcoin price for now. Facebook is a selfish coin that would never get the chance to be released, so don’t get your hopes on too high on them, government is already working so hard against the said coin, while the bakkt, I only see it having little effect on the market because not much people would be interest in the product they are releasing.

There are some bigger pictures that I am seeing anyway, but I dint think that they will be reflecting until next year, by 2020 is when I see bitcoin really blowing the mind of people with the surge it would experience after the halving of the coin, and coupled with the mass adoption we will get then.

thesosorr

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what might happen might be the hope that we focus on alts really is not optimal, we hope that something happens, just because there are parties who are trying to improve performance in the future, do not let it happen again with the results that did not exist at all these past few weeks.

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Quote from: Lampohtapek on August 19, 2019, 01:45:28 PM

In the world of cryptocurrency, anything can happen, no human can guess and ensure with certainty that the price of BTC will go down or go up, therefore, it makes sense if the price in the market goes up or down because it can bring blessings to us all

I do not think that we would go so deep again, because the party is just about to start. In October-November, crypto prices should explode, because of a bunch of positive news that would happen like Libra and Bakkt launch.

but I see the market is still very low and not stable at all for altcoin, and I see growth is very slow, I hear news that Bakkt will start trading bitcoin in September and this will be able to boost the price of bitcoin for next month and can give rise to altcoin which long time no ride at a good price.

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In the world of cryptocurrency, anything can happen, no human can guess and ensure with certainty that the price of BTC will go down or go up, therefore, it makes sense if the price in the market goes up or down because it can bring blessings to us all

Cnut237

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Quote from: vegitossjgod1 on June 20, 2019, 08:46:13 PM

if btc drops to 7-8k range what happens to alts?

Alts drop as well, and likely harder than BTC does. That's the general behaviour we've seen during the long bear market, and will likely happen again if BTC drops.
BTC has proven a lot more resilient than alts over the last couple of years.

mamesso

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You might forget that Bitcoin is the parent of all altcoins, so it's certain if the price of altcoin always follows the price of bitcoin. And things like that will continue to happen, so you should not be too panicked by the decline in bitcoin prices at 7-8k, because now the price of bitcoin on the market continues to improve.

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