Pages:
Author

Topic: What will happen to alts if Bitcoin crashes back to $5000? - page 11. (Read 1875 times)

hero member
Activity: 1008
Merit: 501
Jump on too high is not good for the total crypto environment. If Bitcoin hit 50K USD, altcoin should manage a balance but if BTC takes 80% dominance with 50K USD value, then most of the altcoins would die badly and they can't recover it well. Altcoins like top 50 can recover or stay good, otherwise, it would be a very tough situation!
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
I don't think many alts would recover against Bitcoin if this happens and so they will crash even more. Some solid alts with good liquidity like Litecoin may recover but most won't recover in my opinion. Thoughts? Undecided
If bitcoin went that low again it will be a terrible blow against alts, not only most alts lost value against bitcoin during the current growth which made the bitcoin dominance to grow as well, if the price went down most investors will simply move their money to stable coins or to fiat, which means that new icos and ieos will have lots of troubles to find the necessary money to become viable projects, but even established alts will find themselves in trouble as investors simply give up on them and accept their losses and sell their assets in order to protect whatever remains of their seed capital.
full member
Activity: 1890
Merit: 101
mid-December 2018 ago the price of Bitcoin returned to $ 4500, from that incident I saw,

the price of Altcoin fell, smart investors hold their coins, and newbies make a cutloss (selling their coins in a panic).

hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
I don't think many alts would recover against Bitcoin if this happens and so they will crash even more. Some solid alts with good liquidity like Litecoin may recover but most won't recover in my opinion. Thoughts? Undecided
If that happens I'm sure the altcoins will crash even more because right now the altcoins are struggling so what more if bitcoin dumps again. Bitcoin must be reach $13,000 so the altcoins will continue to recover, I guess.

But the problem is it seems, bitcoin is difficult to increase more than $10k, and it needs more time to rise. We don't know when, but it will increase at the right time. But we should thank you to bitcoin because this year, bitcoin price can grow at a higher rate although we need to be patient and wait for more. The altcoin will still up and down and will always follow bitcoin, but I am afraid the altcoin will get another downtime in a short time if bitcoin cannot increase.
hero member
Activity: 1834
Merit: 566
I don't think many alts would recover against Bitcoin if this happens and so they will crash even more. Some solid alts with good liquidity like Litecoin may recover but most won't recover in my opinion. Thoughts?
Your presumption about many altcoins not recovering is correct and  Peter Brandt also confirms it but altcoin having good liquidity won't be the reason for any altcoin to escape been vaporized in the market cause utilize, concept, outstanding features, and working product play a huge role in making altcoin thrive.


I think the price of bitcoin will be much higher over time,crashes back prices will return above $ 5000.we see that in reality bitcoin again there are positive moves just a few altcoins that fall,opportunities like this can be your opportunity to invest in taking profits in the future
An altcoin that falls in price could be an opportunity for investors to invest and make a huge profit but investors must not ignore the consequences cause altcoin market are highly manipulated and before investing into an altcoin that currently falls in price ones must invest in a coin that will surely thrive in the future.





full member
Activity: 1344
Merit: 102
I don't think many alts would recover against Bitcoin if this happens and so they will crash even more. Some solid alts with good liquidity like Litecoin may recover but most won't recover in my opinion. Thoughts? Undecided
If that happens I'm sure the altcoins will crash even more because right now the altcoins are struggling so what more if bitcoin dumps again. Bitcoin must be reach $13,000 so the altcoins will continue to recover, I guess.
member
Activity: 553
Merit: 11
I don't think many alts would recover against Bitcoin if this happens and so they will crash even more. Some solid alts with good liquidity like Litecoin may recover but most won't recover in my opinion. Thoughts? Undecided

As we have experienced in the year 2018, that at that time the Bitcoin price dropped by almost 50%. And what happens all the Altcoin price also decreases sharply. If this is the case now, I think the overall price drop of the Altcoin will occur.

Altcoins this year may be different because it is difficult to predict. When the Bitcoin price is pumping high, it does not impact on Altcoin.

When such conditions now, I do not want if Bitcoin returns 5,000%. Because I think that Altcoin still holds very high potential.
jr. member
Activity: 224
Merit: 3
You can't really predict this. They will either stay the same (their ratio prices), go higher or go lower.

If BTC goes to $5000, then many might flock to alts to hedge against bitcoin going down. Basically what happened in January 2018.

Alts can also go down if too many people start to panic and leave crypto together. Basically BTC is much stronger than most alts so if BTC crashes then alts can crash a little more due to their smaller liquidity and the ratios can be even lower than today, its possible.

Or the ratios can stay the same with respect to bitcoin. Basically it could start a very slow bear market and the ratios will stay constant while the spot prices of alts against fiat will slowly head downwards.
Such a panicked market and a lot of people are panicking selling because the price of bitcoin goes down, that can actually make the price of altcoin go down but when things stabilize again, the price of altcoin will definitely be better. It is understandable that the dominance of bitcoin puts too much pressure on altcoins, altcoins cannot breathe or raise prices with this weight but when the weight drops, bitcoin is no longer a pump to suck altcoin's capital, altcoins will have a chance to rise sharply again, many situations in the past have followed this trend.
member
Activity: 770
Merit: 10
https://streamies.io/
I don't think many alts would recover against Bitcoin if this happens and so they will crash even more. Some solid alts with good liquidity like Litecoin may recover but most won't recover in my opinion. Thoughts? Undecided
No, the cycle will continue and I think most alts will continue to recover when the season comes. because the value of many alts has dropped because many investors want to focus on buying and selling bitcoin at this time.
But when bitcoin is stable and no longer showing signs of growth, potential alts will begin to be acquired by investors, who will sell bitcoins to buy more alts. I believe that will happen soon in 2020.
legendary
Activity: 3808
Merit: 1723
You can't really predict this. They will either stay the same (their ratio prices), go higher or go lower.

If BTC goes to $5000, then many might flock to alts to hedge against bitcoin going down. Basically what happened in January 2018.

Alts can also go down if too many people start to panic and leave crypto together. Basically BTC is much stronger than most alts so if BTC crashes then alts can crash a little more due to their smaller liquidity and the ratios can be even lower than today, its possible.

Or the ratios can stay the same with respect to bitcoin. Basically it could start a very slow bear market and the ratios will stay constant while the spot prices of alts against fiat will slowly head downwards.
sr. member
Activity: 980
Merit: 256
Decentralized Ascending Auctions on Blockchain
if bitcoin drops by 5k, domination falls with it, and altcoins like Trx Btt Btzc, I will shoot hard
Shitcoins will die as expected, and if bitcoin goes deeper only good altcoins can survive and can stay with the level of bitcoin. If there’s an opportunity to buy $5k again with bitcoin, i’m telling you to grab that opportunity and buy more because after that we will start the pump again and that can be an easy profit to hodlers.
If the price returns to $5000, it will be the worst time to come to this market and certainly thousands of other altcoins will be greatly affected in this market. I hope that will not happen because I am investing in a lot of big coins in the long term and have been making good profits over the past time. I personally cannot predict the future of this market but I believe Bitcoin is still the most profitable investment.
sr. member
Activity: 2044
Merit: 314
Vave.com - Crypto Casino
if bitcoin drops by 5k, domination falls with it, and altcoins like Trx Btt Btzc, I will shoot hard
Shitcoins will die as expected, and if bitcoin goes deeper only good altcoins can survive and can stay with the level of bitcoin. If there’s an opportunity to buy $5k again with bitcoin, i’m telling you to grab that opportunity and buy more because after that we will start the pump again and that can be an easy profit to hodlers.
full member
Activity: 494
Merit: 104
homt.net
I don't think many alts would recover against Bitcoin if this happens and so they will crash even more. Some solid alts with good liquidity like Litecoin may recover but most won't recover in my opinion. Thoughts? Undecided
Alts will crash obviously. We even already had that time when bitcoin crashed to $3.3k in few months ago. Look at that time, many solid altcoins even crashed to below $100 (ETH was at $88, XMR at below $50, DASH slighty above).
yeah if bitcoin price are crasheh i'm thinking the altcoin price going deeper more than Bitcoin, and need time to recover the price, if we look 4 year ago, when bitcoin price are down altcoin price are going up and me as trader can make big profit from this situation like in 2015
member
Activity: 588
Merit: 10
If Bitcoin returns to the price you mentioned. It can be imagined that many altcoins are experiencing a very sharp decline. If you look at the conditions in the year 2019, it is actually very good because Bitcoin is able to reach upwards very high. But we also see that Altcoins are not experiencing very significant changes, as does Bitcoin.

We should always be ready with a bad incident for Bitcoin. But this year I am sure if Bitcoin will not suffer a sharp decline. By the end of this year and the year 2020, I think the crypto will increase again.
member
Activity: 172
Merit: 17
I don't think many alts would recover against Bitcoin if this happens and so they will crash even more. Some solid alts with good liquidity like Litecoin may recover but most won't recover in my opinion. Thoughts? Undecided
Solid projects like litecoin will recover I think.

What is a solid project?   a solid project is that project brings something new on crypto table. Something that will be used 10 years from now and Bitcoin cant do it on their own.  I am sorry to tell you that Litecoin is excluded in category of solid projects.   But I am not saying it will die or anything like that. It will just never be used much. There will be millions such not used coins and each of them will have some price, that will not be that high. But they will still exist.

You want something new? How new exactly? Because Litecoin did bring something new with it such as a lower block time and higher supply which made its fees consistenly lower than BTC and because of that LTC unlike BTC didn't have a Bitcoin Cash shitshow. You're simply biased towards Litecoin probably because you don't have any otherwise you're not really criticizing it properly. Litecoin is also as liquid as Bitcoin and exists on almost every single exchange. And unlike Bitcoin, it launched when a lot more people knew about crypto and could compete in mining it as opposed to Bitcoin when only a still anonymous dude knew and was minting 50 coins equal to half a million US dollars per 10 minutes. So yeah sorry to tell you but Litecoin is a lot more solid than Bitcoin. The only advantage Bitcoin has over Litecoin is its utlity in the altcoin markets in which most orders are placed with Bitcoin than Litecoin or even fiat.
legendary
Activity: 2394
Merit: 1131
I don't think many alts would recover against Bitcoin if this happens and so they will crash even more. Some solid alts with good liquidity like Litecoin may recover but most won't recover in my opinion. Thoughts? Undecided
Alts will crash obviously. We even already had that time when bitcoin crashed to $3.3k in few months ago. Look at that time, many solid altcoins even crashed to below $100 (ETH was at $88, XMR at below $50, DASH slighty above).
sr. member
Activity: 980
Merit: 256
Decentralized Ascending Auctions on Blockchain
I don't think many alts would recover against Bitcoin if this happens and so they will crash even more. Some solid alts with good liquidity like Litecoin may recover but most won't recover in my opinion. Thoughts? Undecided
We don't need to panic if that happen because we see a lot of time that bitcoin go down the price but still altcoin and bitcoin survive that bearish situatio.  Don't think negative when we see the price down because it will cost of panic and worse dumping.
I am quite familiar with the market downtrend and every time the market goes down there will be lots of panic sell investors. That will give Fiat holders a chance to invest again because they can be bought at very cheap prices at the time. I usually tend to buy coins that drop by more than 30% in a day because I know if I can buy those cheap coins the chances of making a profit will be very high.
member
Activity: 626
Merit: 10
I don't think many alts would recover against Bitcoin if this happens and so they will crash even more. Some solid alts with good liquidity like Litecoin may recover but most won't recover in my opinion. Thoughts? Undecided
We don't need to panic if that happen because we see a lot of time that bitcoin go down the price but still altcoin and bitcoin survive that bearish situatio.  Don't think negative when we see the price down because it will cost of panic and worse dumping.
hero member
Activity: 1932
Merit: 504
I don't think many alts would recover against Bitcoin if this happens and so they will crash even more. Some solid alts with good liquidity like Litecoin may recover but most won't recover in my opinion. Thoughts? Undecided
If bitcoin reach $5000 i think people will panic. Although a lot of people said that we shouldn't panic, or maybe be patient is key in bitcoin investment, i think panic will always happen and make bitcoin price and altcoin dumped very hard. Altcoin can get it's impact because people will start to sell their alts because value in bitcoin will decreased too. Not want to say bad but people who get panic will make it worse.
hero member
Activity: 2464
Merit: 550
Leading Crypto Sports Betting & Casino Platform
if the price of bitcoin falls maybe what will happen with the price of altcoin will definitely fall but it will only be a short time because there will certainly be many who run into altcoin and altcoin prices can go back up, only a few altcoins can be like that.
Pages:
Jump to: