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Topic: What will happen to alts if Bitcoin crashes back to $5000? - page 14. (Read 1875 times)

full member
Activity: 451
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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
hero member
Activity: 3038
Merit: 634
I don't think many alts would recover against Bitcoin if this happens and so they will crash even more.
Yes, they will crash and many of them will definitely going to have the hardest time again just like what most are experiencing today. Note that bitcoin is $10k+ but many of them can't even stand against the bullish sentiment of bitcoin.

Some solid alts with good liquidity like Litecoin may recover but most won't recover in my opinion. Thoughts? Undecided
They can recover but it's going to be slow and its fluctuation won't be the same as bitcoin. But I think many have set their timers and price tickers to start panic buying whenever bitcoin goes $5k and its a signal for some other cheap alts.
sr. member
Activity: 1039
Merit: 250
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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 price down and back to $5000
the price of alts in usd terms will down too,, because alts price in usd terms is depends on bitcoin price right ?
but maybe in btc terms few alts with solid and smart team will grow,, and a lot of shitcoins will die  Wink
hero member
Activity: 3066
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for altcoin which can't deliver a good product and they will be dumped to the bottom. this time the situation is much more different than before when bitcoin gets the bullish trend and it has been giving more pressure to the altcoin and otherwise.
When bitcoin crashes to the 5k rate and it may possible to see some altcoin still stable on its rate but it has been loosing a lot of rate in bitcoin term or there will be altcoin that will be getting a big lost in the bitcoin term or even dumped to the zero value.
sr. member
Activity: 679
Merit: 254
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

Only major altcoin (top 15 CMC) will survive and another altcoin will be dumped sharply in the market.
Remember this scheme:

If BTC Pumping, Altcoin Will stay
If BTC Dumped, Altcoin will dump
If BTC Stable, Altcoin will pump


Q: When ALT SEASON?
A : IN YOUR DREAM
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.
sr. member
Activity: 882
Merit: 282
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
For Altcoins it is better for bitcoin to keep increasing in pricing because if bitcoin fall to $5000 some of them will be deleted from the market as there will be valueless! The only way some of them can survive now is to make bitcoin to get to $20,000 or $40,000. Some of this altcoins has the best technology but it is very hard for any of them to survive on there own as bitcoin’s dominant keeps increasing daily.
hero member
Activity: 2338
Merit: 953
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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.
sr. member
Activity: 1036
Merit: 273
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

Here is are things that I would like to share and for you to think about it and to get some ideas.

1. I agree some wont some may not. Altcoins sometimes do depend on bitcoin sometimes it does not depend on bitcoin, that is what I had seen and experienced.   

Why did I  say/ write sometimes? because bitcoin is the mother but in reality sometimes the rate of altcoins depend on the investors.

Question here, why do you think litecoin would not recover. please do share

2. Here is my perspective about litecoin (as others as well) which our thoughts /perspective is kind a same but for me every altcoin or the bitcoin itself have/ had its time which is a long term situation now LTC may go down but late it could not and could crash like you said.

3. Anything is possible because cryptocurrency is worldwide and we dont know how much people would sell and but

member
Activity: 172
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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
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