If the Bitcoin Bubble pops, will altcoins go bust too? - page 3.

Kidmat

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Quote from: jmlona on January 11, 2018, 07:23:48 PM

Quote from: tb4eva on December 04, 2017, 10:45:46 AM

Or will they feed off of Bitcoin's carcass and take off?

If bitcoin goes down everything goes down, we have been able to see that the last few days and also many times before. For many still alt coins cannot succeed without bitcoin, hopefully in time this mindset will change. Also though let's not forget that many times what causes one to fall also causes others to fall, such as the current reason for the fall.

Its not in line, in some cases if bitcoin drops some altcoins pump. Yes we see it the changes happen not all succeed in this market. So better ride just to earn profit and ofcourse out if you are earning already.

walterw

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Quote from: jaymz87 on January 11, 2018, 07:22:44 PM

I hate to say it, but Ripple could probably keep XRP alive without BTC...

I agree with that. I do not know why all the ripple hate. Sure, it also has drawbacks, but I think the benefits of this coin outweigh clearly.

jmlona

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Quote from: tb4eva on December 04, 2017, 10:45:46 AM

Or will they feed off of Bitcoin's carcass and take off?

If bitcoin goes down everything goes down, we have been able to see that the last few days and also many times before. For many still alt coins cannot succeed without bitcoin, hopefully in time this mindset will change. Also though let's not forget that many times what causes one to fall also causes others to fall, such as the current reason for the fall.

jaymz87

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Depends what the reason is for BTC popping.

If it's because something else somehow replaces it, then chances are things will dip with BTC but resurge with the replacement.

A full on bubble burst for BTC with no clear replacement however will definitely kill most ALTs. Only ones that may remain with any kind of value would be businesses with legit and working products. I hate to say it, but Ripple could probably keep XRP alive without BTC...

walterw

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Quote from: lighpulsar07 on January 11, 2018, 07:17:51 PM

No. Some investors will invest on altcoin and sells their bitcoins so, it other way around bitcoin crashes while alts are rising in some cases they are both crashing due to price decrease on bitcoin.

Therefore you should get off at the right time. But I just can not imagine that it will be ready in the next few years.

lighpulsar07

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No. Some investors will invest on altcoin and sells their bitcoins so, it other way around bitcoin crashes while alts are rising in some cases they are both crashing due to price decrease on bitcoin anyways bitcoin is still holding on 13k so, don't worry about it and also bitcoin is still far from the price last year january 2017 so, if you imagine bitcoin had quick boost.

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Quote from: Rahman11 on January 11, 2018, 07:08:40 PM

My opinion and i think if every investors loss their hope about bitcoin and other cryptocurrency and stop their invest for cryptocurrency then it's automatically going down as soon as possible! but i think it's not possible to hopeless everyone about cryptocurrency in near future.

With the capital being used and still being used, I hardly believe that many investors lose their trust. We are in
digital age. Luckily. Cheesy

Rahman11

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My opinion and i think if every investors loss their hope about bitcoin and other cryptocurrency and stop their invest for cryptocurrency then it's automatically going down as soon as possible! but i think it's not possible to hopeless everyone about cryptocurrency in near future.

walterw

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Unfortunately, in my opinion, the other coins also burst or crash.
But I can not imagine that the Bitcoin bursts or decreases in the next few years. In the long term, bitcoin is likely to increase in price.
Anyway, I hope.

shandiem14

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Ofcourse its a part of core of bitcoin. if bitcoin pumps all alts will follow and i think bitcoin will continue grows gradually because we d have a lot if ICO's who are investing and holding some coins. we could see another all time high.

patrickj

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Quote from: tb4eva on December 04, 2017, 10:45:46 AM

Or will they feed off of Bitcoin's carcass and take off?

I think when bitcoin bubble pops, the altcoins will goes too because most of altcoins is traded to bitcoin so it will affect the value of altcoins. But I believe that btc will come back from it loss.

syberwolfen

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Quote from: Blas on January 11, 2018, 06:31:34 PM

I don't think Bitcoin is a bubble. But because is a currency it can be manipulated much or less. So bubble could be created (possibly, but not likely in my opinion). If "Bitcoin bubble" ever pops this will hurt all the Altcoins. People will lose faith and will withdraw huge amounts of money. This will kill the market for months, may be years.

Yes bitcoin is like one strong pillar for all the crypto currency market and we have already notice when here is a dump in bitcoin it affects all the altcoins so if bitcoin bubble bursts then it will be the end of altcoins as well but I don't think bitcoin is a bubble and I strongly believe crypto is the future.

Blas

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I don't think Bitcoin is a bubble. But because is a currency it can be manipulated much or less. So bubble could be created (possibly, but not likely in my opinion). If "Bitcoin bubble" ever pops this will hurt all the Altcoins. People will lose faith and will withdraw huge amounts of money. This will kill the market for months, may be years.

faceoff97

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Make up your mind, bitcoin is not a bubble. Not because you see it dumping and pumping it is a bubble already. Its normal for a bitcoin to show volatility. Lets assume that bitcoin is a bubble yo answer your question. There will be two possible scenario to happen: one would be the same time dumping of both Bitcoin and altcoin. We know that once bitcoin rise, altcoin dump while once bitcoin dump altcoin go with it. I assure you bitcoin popping will result to chaos and for this reason whales will never let this happen.

Second scenario woyld be, whales will transfer to other coin which qill result to rising of a new one. Well, that would be a hard thing to happen knowing that it will take a large group of whale is needed to see this phenomenon. So stop, thinking of bitcoin as a bubble because that is just a hoax.

Prodigan786

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Now ethereum is taking off even bitcoin fails market moving towards solution and potentiality . Bitcoin will reach 20000$ by 2022 by market experts and most of analytics but it reached now market price correction happening . Other altcoins moving based on its potentiality.

kumara

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Quote from: tb4eva on December 04, 2017, 10:45:46 AM

Or will they feed off of Bitcoin's carcass and take off?

The latter. They will definitely live on capturing the marketing buzz that has made Bitcoin more famous.

dvsrydin

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Quote from: Acguy on January 09, 2018, 11:24:35 PM

Maybe ethereum will take over bitcoins place because that's what it looks like right now.

No offense to bitcoin, it was a great idea and got people thinking. But there are WAAAY better solutions out there. Alts are here to stay; we just gotta see which one will come out on top.

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Quote from: hasmukh_rawal on December 14, 2017, 12:13:18 PM

It is one of the possibilities that can happen. We can't really predict anything accurately right now since we don't even know when the bitcoin bubble will pop and if at all it will burst or not. The possibility that altcoins will go down with BTC when it crashes are too high since the price of BTC on the bubble burst will crash down and hence the altcoin value in terms of USD will see a significant drop too. There are also chances that the price may rise if people cash out and invest the amount into altcoins. So the possibility for Altcoin to up and down are equal and time will tell us what's gonna happen. For now the bubble burst will not occur since people have recently bought BTC according to the huge spike in it's price.

I agree with what you are saying here. Firstly, I don't think bitcoin will pop anytime soon and even if does pop, it won't drop to a value of $1 or $2 most probably. The thing that people need to understand is that bitcoin will continue growing with time no matter what and nothing can stop its insane surge in value. In the worst case scenario, if it does drop badly, people would obviously sell a major portion of their alts to purchase bitcoin when its value is low so that they can enjoy big profits once bitcoin rises back up. This is the thing. If you are a smart person, you would understand that bitcoin is far more reliable than any altcoin and nothing will ever change this. The altcoin market would crash and the bitcoin market would simply recover.

ipanks

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Quote from: Gogochen on January 09, 2018, 11:26:40 PM

Quote from: tb4eva on December 04, 2017, 10:45:46 AM

Or will they feed off of Bitcoin's carcass and take off?

This is not possible, and if the bitcoin bubble bursts, the entire cryptocurrency market will collapse.

there will be a chaos in every place because of many people right now depend on cryptocurrency to make money and I guess they will become angry and cannot think of clear. the altcoin will become crash too if bitcoin crash but I think there will a new solution for cryptocurrency to survive because cryptocurrency offers something different and it is a new technology that will grow in the future and maybe we are using the cryptocurrency for daily.

Gogochen

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Quote from: tb4eva on December 04, 2017, 10:45:46 AM

Or will they feed off of Bitcoin's carcass and take off?

This is not possible, and if the bitcoin bubble bursts, the entire cryptocurrency market will collapse.

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