I agree with you, but still Bitcoin is gradually losing influence over altcoins and I think that after some time it really will cease to have an impact on altcoins, but this will not happen soon.
Topic: The BTC crash is good news for Altcoins - page 2. (Read 20004 times)
I don't think a crash in price of Btc can do altcoin any good because increase in value of altcoin ss a lot to do with Btc in many ways for now,a crash in price of bitcoin will surely lead to a crash in price of many altcoins.
I think that the cryptocurrency market is very dependent on the price of Bitcoin. By this, I think that for altcoins it is important that the price of Bitcoins grow. Bitcoins grow is important for the whole market.
I agree with that, despite the crypto market crash for almost 2 years now, the technology behind every project keeps on enhancing. Isn't cool? Most of the people in crypto space doesn't care about the technology, they only care about the price and that is not good for the future.
Their investment is of course with the aim of getting profit. If the price on the tokens they invest low, it will certainly make investors lose. If there is a loss, of course there are many projects that cannot develop, of course. Because if the project that carries out the ICO certainly must think of investors. Indeed technology is needed in every project, but prices are also important in my opinion.
Truly if the altcoins can shrug off that btc dominance then it will be a good year for the alts especially when the bull run finally kicks in. There are many quality altcoins out there that are doing great without btc influence
Perhaps if the coins go out from under the influence of Bitcoin, then they will be able to depend on their own capitalization and this may well affect them!
I agree with that, despite the crypto market crash for almost 2 years now, the technology behind every project keeps on enhancing. Isn't cool? Most of the people in crypto space doesn't care about the technology, they only care about the price and that is not good for the future.
Their investment is of course with the aim of getting profit. If the price on the tokens they invest low, it will certainly make investors lose. If there is a loss, of course there are many projects that cannot develop, of course. Because if the project that carries out the ICO certainly must think of investors. Indeed technology is needed in every project, but prices are also important in my opinion.
I agree with that, despite the crypto market crash for almost 2 years now, the technology behind every project keeps on enhancing. Isn't cool? Most of the people in crypto space doesn't care about the technology, they only care about the price and that is not good for the future.
Everything is speculation, so you can base your trading strategy on this information at your own risk. Bitcoin has been influencing and leading the altcoin for a very long time and it will continue for some time to come. The altcoins most of the time follow the direction.
BTC hasbeen crash more than 80 % from ATH, and all altcoins more than 90% . This is the biggest and long bearish market because some altcoin also was dumped to 99%. So BTC crash is not good for value of altcoin, because all altcoins will follow price action of Bitcoin, and this is happening since BTC and altcoin tradeable.
not really, even when btc falls, the altcoin will also fall. so the current market situation is still relevant and bitcoin is always the top and always has a big effect on the market situation.
That's only prediction and we must prepare for the worst, follow the trend it will safe your asset. Mostly I ignore news because all news only about speculation, need big money and play in moment. I'm technical trader and use data ( number ) as basic analysis. If you agree with the news just take action but please use money management, something wrong could happen and good luck to you.
Right, we should accept the fact that the bull run might take longer as expected so everyone should prepare for the worst, or trade with caution and be flexible as well. But I disagree that it did good for the altcoin market because its evident that majority of the alts have suffered even worst than bitcoin. 
That's only prediction and we must prepare for the worst, follow the trend it will safe your asset. Mostly I ignore news because all news only about speculation, need big money and play in moment. I'm technical trader and use data ( number ) as basic analysis. If you agree with the news just take action but please use money management, something wrong could happen and good luck to you.
I don't think btc crash is good for alts. All alts will eventually be dragged down if the main coin, btc, that is paired almost every other coin with goes down as well.
That's right, and also don't forget that every other altcoin is "paired" with BTC in most people's minds. And I don't mean crypto enthusiasts or traders, but rather regular people who are only in the process of thinking on investing in this or that coin. Most of those people would abandon the idea of investing in any cryptocurrency if they saw Bitcoin crashed.
As we know that the price of bitcoin is very large, almost all prices of altcoins are based on bitcoin rather than dollars, and this is what makes very high dependency on bitcoin, when the price of bitcoin drops crashes automatically the price of altcoins also crashes.
The crash of BTC is both good and bad for new altcoins. It is good because, new projects that participate in their ICO now will be doing something with the present prices, which means a better chance of profit to investors in a good market run.
It is bad because the performance of a project's cryptocurrency price in exchanges may not be a true reflection of its value, and big dumps will happen to a lot of tokens or coins.
It is bad because the performance of a project's cryptocurrency price in exchanges may not be a true reflection of its value, and big dumps will happen to a lot of tokens or coins.
It is apparently a good news because when we can see bitcoin crashes, the price of the altcoins were also affected so its a limited grab to buy the altcoins that are still on low price. It is a good news to altcoins.
Trust me this is not exactly the case. The drop in the price of Bitcoin greatly affected altcoins. So you find a situation where alts that were bought at certain prices and because there was a drop in the price of BTC, the dollar doesn't reflect the amount it was bought
I think what OP means is that if there is a Bitcoin downtrend Altcoins with potential to grow are cheap and we can buy some of them and hoard. We all know that Altcoins are dependent to Bitcoin that is why when there is price drop of Bitcoin we can say that it is good news for Altcoin investors. As a bounty hunter I can always have tokens from the bounty programs and I can say that when there is BTC plummet my holding sucks though I get it all for free just by investing my time and effort so it is still good because I am still hoping for a bounce back.
I do not think that this is good news, because as soon as all the coins get rid of the influence of bitcoin, then the market behavior will be unpredictable!
Altcoin is very dependent on bitcoin price in cryptocurrency, when bitcoin rises, every coin seem to gain higher value from it. And when bitcoin fall in price, you will see value of altcoin dropping like Autumn leaves!
if bitcoin grows then altcoins grow 2 times faster, and if it falls, then altcoins fall 4 times stronger Jump to: