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Topic: What will happen to alts if Bitcoin crashes back to $5000? - page 12. (Read 1871 times)

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

There are two options. First of all, if BTC price would crash and investors would switch to altcoins, it would be great, because altcoins will be pumped by fresh investments. On the other hand, during BTC crash, alts may fall much deeper than BTC itself.

at this moment altcoin price never pumped even bitcoin price are down deeply, in fact the price will go down because adjust to the current bitcoin rate
member
Activity: 458
Merit: 10
Bitcoin is a very influential coin in Cryptocurrency.  Therefore if the price of a Bitcoin crashes and falls at $ 5,000, of course the price of other Coins will also follow. This is certain, and this has often happened in charts of changes in the price of Crypto Coins.  Where the price of Altcoin turns out to be very dependent on the price of Bitcoin.
full member
Activity: 494
Merit: 104
homt.net
the first think in my mind, i want to buy more bitcoin as i can and hold them until price going to the moon again like in 2017, but that case will never happen again for bitcoin going down untill $5000
legendary
Activity: 1344
Merit: 1001
nothing . alts have thier own life .  if people only sells thier btc then btc is the one that could fall but alts are still stable because they dont sell thier alts but if the scenario happens to be different , let say people will sell both of thier cryptos ( alts and btc ) then this should cause an overall market dump but the chances are low since most people know are hodlers  . in case the price drops due to some sellers , ,buyers will still take that oppurtunity and the price will regen again  

You're wrong here, once Bitcoin crashes and back to $5000. Alts will suffer a major decline and even some of them are going to burned out. Remembered what happened with Stemmit after Bitcoin crashed a months ago? they fired 70% of their staff and struggling. And if Bitcoin reaches that price again, that explains people is starting to doubt it and the demand is decreasing. If people think no matter what, the price will eventually go up, then why people do not buy it right now?
The project decisions can't depend on the investor's opinion, the market circumstances don't dictate in every project. The struggling projects can fire the developers and this is somehow understandable. Bitcoin can go to $5000  in single candlestick but not all projects will go to all new assembling. Maybe the market will punish the weak hands which can't command the invested projects but strong minds know how to handle the temporary market trends. The focus is important in this example.

People don't like to hear the truth, they like to see the realized predictions. The market is not only controlled by the logic, but the emotions also move the market mostly. The only logic is not sufficient for understanding the price velocity, emotional traders are like the middle man between the changing market trends. Half of the traders may not agree with my statement, there are a lot of variables that explain the pointed approach in the market.
full member
Activity: 566
Merit: 113
nothing . alts have thier own life .  if people only sells thier btc then btc is the one that could fall but alts are still stable because they dont sell thier alts but if the scenario happens to be different , let say people will sell both of thier cryptos ( alts and btc ) then this should cause an overall market dump but the chances are low since most people know are hodlers  . in case the price drops due to some sellers , ,buyers will still take that oppurtunity and the price will regen again  

You're wrong here, once Bitcoin crashes and back to $5000. Alts will suffer a major decline and even some of them are going to burned out. Remembered what happened with Stemmit after Bitcoin crashed a months ago? they fired 70% of their staff and struggling. And if Bitcoin reaches that price again, that explains people is starting to doubt it and the demand is decreasing. If people think no matter what, the price will eventually go up, then why people do not buy it right now?
Leo
member
Activity: 620
Merit: 10
Trident Protocol | Simple «buy-hold-earn» system!
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
  I also doubt it if lots of altcoins will make it to their previous all time high price again because lots of people will panicking in selling their their altcoins at loss

Such situations will make altcoins crash more harder,  I guess only the true project that got good fundamentals and long term plan will survive,  as we all see that lots of projects died off during the previous crash of bitcoin to $3k
full member
Activity: 1750
Merit: 118
nothing . alts have thier own life .  if people only sells thier btc then btc is the one that could fall but alts are still stable because they dont sell thier alts but if the scenario happens to be different , let say people will sell both of thier cryptos ( alts and btc ) then this should cause an overall market dump but the chances are low since most people know are hodlers  . in case the price drops due to some sellers , ,buyers will still take that oppurtunity and the price will regen again  
sr. member
Activity: 1246
Merit: 306
C U
If Bitcoin goes back to 5000 usd price range this time, a big crash could happen to the word of altcoins as we keep seeing the BTC dominance on CoinMarketCap above 70%. When BTC reaches 5k$ next time, this dominance is going to be even bigger and bigger which will keep the marketcap of btc strong but will have a negative effect on alts.
legendary
Activity: 2464
Merit: 1102
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
This is a funny question, it is funny to me because I would not want to even imagine what will happen to altcoins value when bitcoin falls to $5000, we have some altcoins that has already bottomed, and I don't think that anything will really happen to those ones again, because they are almost on their lowest value, but you see those top altcoins that are dependent on bitcoin, they will fall drastically.

I am so sure that some of them will have their prices cut half way, but the good thing about those top coins loosing lots of value right now is that it will attract new and older investors to make more investment because when bitcoin rises back, it also affect most altcoins, which mean that profit for those that invested in the altcoins during the fall of bitcoin.
copper member
Activity: 490
Merit: 2
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

There are two options. First of all, if BTC price would crash and investors would switch to altcoins, it would be great, because altcoins will be pumped by fresh investments. On the other hand, during BTC crash, alts may fall much deeper than BTC itself.
sr. member
Activity: 1078
Merit: 354
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 really have been struggling for a while, and still haven't really recovered much after the huge 2018 dip. I would say give it time though. There are some good alts out there that offer solutions that Bitcoin does not. If BTC drops to $5k again, then yes alts would drop too, but I don't think it would mean the end of alts at all. I'm sure the good alts will recover in time. We need more confidence in the market first though.
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
I don't think so. I am sure that the altcoin will recover someday, but yes, they should follow with bitcoin price moves. There are so many good altcoins in the market, and we still don't know which altcoin that can recover. Bitcoin itself is trying to recover the price to the higher price so the chance for the altcoin to recover will be wide open. All we need to do is patient and wait for a while until the situation is change. We will go to see the recover of the altcoin will be happening soon.
Altcoins will have a good recovery if Bitcoin can stabilize for a long time because currently Bitcoin has a great overwhelming dominance and is dominating this market alone, so I think it will be difficult for altcoin to recover. You may consider altcoin as a good option to invest but there will be a lot of risk for yourself because the current market has a lot of big fluctuations. I personally only hold Bitcoin and Fiat because this market condition does not allow me to invest in risk


That is what I am thinking so far. In this year, we see bitcoin price can rise higher than the last year. The altcoin will following bitcoin to recovery, but like bitcoin, we don't know when it will happen. I am okay with the risk that I might get from bitcoin because I believe that bitcoin won't disappoint me or others in the future. I can accept that the bitcoin price always changes and fluctuated every day, and I think I can make a profit from that. The only thing that I concern is when the dump and pump that will comes because sometimes I miss that time to buy or sell.
hero member
Activity: 3010
Merit: 629
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
Well-established coins like the popular ones will recover but the others I dont think they will recover.

We know if btc pump the price of some altcoins follow, but if btc dropped in price alts will suffer even more.

If btc recover only popular coins will follow the path of btc and this is not the case for not popular alts. The price of alts depends on the investors so if there's no investors then the price will definitely plunge.
hero member
Activity: 1722
Merit: 500
Hopefully this bad thing won't happen and it can't happen, because the impact will definitely be very true for investors and altcoin owners who have been hoping to get profits or just reduce losses from what they invest.
member
Activity: 434
Merit: 19
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
Most times all altcoins available in crypto space will follow bitcoin lead if bitcoin increased in value, altcoins must add value atleast and if bitcoin loses value it affects altcoins but only very high demanding altcoins care less about bitcoin movement because they have what it takes to surge in value and non dependent on bitcoin movement
member
Activity: 576
Merit: 43
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 the price of bitcoin falls very deep and the price returns to $5,000 I think there will be many traders who will be depressed and certainly many problems will occur, I really hope that nightmare will never happen.
hero member
Activity: 1778
Merit: 504
WorkAsPro
I once a difficult experienced thing that when the price of bitcoin is under $ 3,600 (january 18), of course this makes me lose up to $ 6500 because many altcoins also drop, I hope the price of bitcoin does not drop under $ 10,000 again.

I also hope that this will never happen again because if Bitcoin drops below $10,000 then the bear market will surely be triggered and we must continue to suffer new adjustments from this market. I have lost a lot of money in this market but my belief remains, so definitely holding Bitcoin is the safest option for everyone. In addition, you can invest in ETH or BCH as these are two coins that tend to increase with Bitcoin
sr. member
Activity: 1722
Merit: 252
I once a difficult experienced thing that when the price of bitcoin is under $ 3,600 (january 18), of course this makes me lose up to $ 6500 because many altcoins also drop, I hope the price of bitcoin does not drop under $ 10,000 again.
legendary
Activity: 2604
Merit: 1251
The best scenario went bitcoin going a dip its :
  • A lot of crypto user saying bitcoin will going to zero/rekt
  • Everyone will ask the same question "When bitcoin back again to 20K USD"
  • Crypto Influencer disappear went a "Bear" market coming, and back again went the "Bullis" already back
  • Everyone start selling all his crypto asset.
Bear was always interesting, this reminds me went a lot people predict bitcoin will going to 1-2K and they all making a wrong prediction.
full member
Activity: 952
Merit: 104
I have wondered about the Bitcoin crash situation but I think of it in even more disastrous conditions. You say $5000 and that is only 50% drop from today. I think more in terms of real disaster. Like below $1000 price, even worse than 2016.

IF that happens. Kiss goodbye to 99% of alts,,, I think.



That is very possible if that sceanrio goes come true a lot of altcoins we need to say goodbye if the bitcoin crash at 5,000$ or down to 1,000$.
But as of now we need to stay calm and relax do not imagine that negative expectation from the crypto space that isn't healthy to the community.
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