Topic: Will altcoin go up or down on bitcoin crash? (Read 1242 times)
A majority of the market cap will more than likely stay within the crypto universe. This will cause altcoin prices to rise. I think most people when they make the plunge into crypto will keep those funds invested somewhere.
I don't think bitcoin will go down back to as far as $6,000 but if ever it does crash and let's say drop down to a couple thousand dollars then I'm sure these altcoins will try to go back up and probably when bitcoin also stays steady; it sure will jump back up to as much as it can before bitcoin tries to increase back again.
I think wait until the btc price is stable and altcoin prices will be stable again, but ad some hrga alcoin stable enough when the higher the btc price, it needs a little strategy just to not lose
It looks altcoin back again. The price of bitcoin increase just like a rollercoaster and that was really fast. Majority of the altcoins gets plunged a lot caused by the bitcoin. or this caused by the next hardfork of bitcoin to give the more shitcoin to the all of bitcoin holders. 
Depends what you mean by btc crash.Bubble trouble ir just typical dump,which will be for sure after pump like that.We will see it after all that speculation 10th December.Firstly btc will drag alts down,then due correction period of btc,alts should bounce back pretty hard
I think wait until the btc price is stable and altcoin prices will be stable again, but ad some hrga alcoin stable enough when the higher the btc price, it needs a little strategy just to not lose
Altcoins will go up gradually even if Bitcoin doesn't crash. As more and more people showing their interest in crypto currencies.
Usually they crash when Bitcoin go up and they crash when Bitcoin go down. 
They only rise when Bitcoin was stable or move in smaller band.
They only rise when Bitcoin was stable or move in smaller band.
Altcoins are even more likely to go down in bitcoin crashes. If they are not moving down, they only stall in general. It is very dangerous time to stay in crypto at bitcoin crash time.
not all the times, some times its just a co incident. bitcoin and altcon are totally different, they dont really hold the destiny of each other. the cause of these rise and fall are mainly due to the deman and supply though sometimes there is a manipulation behind it but one thing for sure , they can always regain their value overtime , no matter how hard they fall or dumped.
Hi all!
With bitcoin flying to the moon, a lot of people expected a (huge) crash. In perspective of other crashes, how will the price of altcoins react when bitcoins drops to say $6.000? Will altcoin go up or down?
With bitcoin flying to the moon, a lot of people expected a (huge) crash. In perspective of other crashes, how will the price of altcoins react when bitcoins drops to say $6.000? Will altcoin go up or down?
Well in my calculations yes, If Bitcoin crashes altcoin will rise. But not all the altcoins in the market, only those who are stablished and stable coins that still existed in the market for a long time like Waves, Doge and even ETH etc..
The main factor why theres a momentum shift to altcoins when Bitcoin crash is that, investors and big players will jump to altcoin whenever theres a huge price reduction on Bitcoin. But thats not always the case, because somehow when Bitcoin's price is increasing the altcoins will relatively follows.
Hi all!
With bitcoin flying to the moon, a lot of people expected a (huge) crash. In perspective of other crashes, how will the price of altcoins react when bitcoins drops to say $6.000? Will altcoin go up or down?
With bitcoin flying to the moon, a lot of people expected a (huge) crash. In perspective of other crashes, how will the price of altcoins react when bitcoins drops to say $6.000? Will altcoin go up or down?
Bitcoin is not yet getting in a serious crash, not in the future and not gong to drop at $6000. But if ever there is a crash in bitcoin, altcoin gain, it how the market works, investors shift their funds from bitcoin to altcoin to leverage their lost because of the crash. That's how I will do if bitcoin goes down hard.
However, there's also instance that even if bitcoin crash, the price of altcoin doesn't move that much and actually it also take a dip. So I conclude that its really hard to predict their movement and those correlation as somewhat moot point for me. That's why this crypto market is very different from any market that we have saw or experienced. Hard to see their correlation. So its better not to think of it, just buy altcoins in dip, don't make things complicated.
I wouldn't be so sure alts would rise... What if... BTC crashes on regulatory movements by governments (not saying a ban on btc because that's BS but they can make it hard) AND governments ban ICO's or take serious measures to stop this circus (mandatory KYC being the first step). Then we could see some real blood. Conclusion: buy eth, sell for eth and hold btc 
I think I have some form of speculation on this, I've seen it a few times. Consider when the segwit fork was cancelled and we saw alts feeling the love. And then we saw bitcoin shoot up and then down, but this time alts fell with it. The entire space fell over in a hiccup. Now you may say it was delibirate and maybe it was but I think that if you can say why Bitcoin is retreating, and its obvious, then alts will go up. If on the other hand we see sharp reds with no explanation new blood panics and calls the entire place a bubble. Then again maybe im wrong.
At this time it looks like all altcoins are connected to the price of bitcoin, so when bitcoin goes down, so does the alt coins. However I do believe as crypto become more mainstream, the altcoins will start to shine and not stand in the shadow of bitcoin. Some day when we have real world applications of many of the alt coins, I'm sure it will go past bitcoin in market cap.
IOTA - Hedging against the Bitcoin Price Drop
https://coinidol.com/iota-hedging-against-the-bitcoin-price-drop/
https://coinidol.com/iota-hedging-against-the-bitcoin-price-drop/
Quote
Dec 01, 2017 at 15:07 // News
Author
Guest Author
IOTA is one of the few cryptocurrency that has been able to strengthen against Bitcoin in recent weeks and can be used as hedging against decline the price of Bitcoin. The volume and price of IOTA is growing due to the announcement that IOTA have been listed on Coinone exchange. The more people that begin to trade with IOTA, the better for IOTA.
Let's take a closer look at the use of IOTA in the Internet of Things.
Linking blockchain with IoT is complicated due to the technological limitations. There are two main issues to look at.
Firstly, scalability. There are regularly more than 100,000 unconfirmed transactions on the Bitcoin Network which will be hard to sustain in the future. Nowadays, users have to pay high fees but this still doesn't mean that their transaction will take place.
Secondly, transaction fees. Bitcoin’s mean transaction fees have already risen above $7.
IOTA have addressed how it is possible to solve these issues.
The main innovation behind IOTA is Tangle. This is a newly created, distributed ledger based on DAG (Directed Acyclic Graph). Tangle is a distributed database and P2P Network and it relies on a consensus and a validation mechanism. The validation process is ensured by one transaction confirming the previous two and there is an entire network of active participants who are directly involved in the approval of transactions. As such, consensus in IOTA is no longer separate from the transaction making process, it’s an intrinsic part of it. This is what enables IOTA to scale without any transaction fees.
The first step is 'signing': You sign the transaction inputs with your private keys.
The second step is 'tip selection': MCMC (Markov chain Monte Carlo) is used to randomly select two tips (i.e. unconfirmed transactions), which will be referenced by your transaction.
The third step is 'proof of work': In order to have your transaction accepted by the network, you need to have proof of work - similar to Hashcash (spam and sybil-resistance)
Once these are completed, your transaction will be broadcast to the network. Someone else will choose your transaction in the tip selection process and validate it which confirms your transaction.
Because IOTA achieves consensus on the validity of transactions without any miners, there are no transaction fees.
Since consensus is parallelized, and not completed in sequential intervals of batches as in Blockchain, the network is able to grow and scale dynamically with the number of transactions. The more transactions made, the more secure and efficient Tangle gets.
IOTA makes it possible for a cluster of devices to branch off and make transactions in an offline environment by utilizing different communication protocols (ZigBee, Bluetooth LE, etc.) for P2P communication.
The main reason why IOTA was created is so it can be the backbone for the Internet of things.
IOTA Foundation has recently announced a new micro-payment based data marketplace.
Author
Guest Author
IOTA is one of the few cryptocurrency that has been able to strengthen against Bitcoin in recent weeks and can be used as hedging against decline the price of Bitcoin. The volume and price of IOTA is growing due to the announcement that IOTA have been listed on Coinone exchange. The more people that begin to trade with IOTA, the better for IOTA.
Let's take a closer look at the use of IOTA in the Internet of Things.
Linking blockchain with IoT is complicated due to the technological limitations. There are two main issues to look at.
Firstly, scalability. There are regularly more than 100,000 unconfirmed transactions on the Bitcoin Network which will be hard to sustain in the future. Nowadays, users have to pay high fees but this still doesn't mean that their transaction will take place.
Secondly, transaction fees. Bitcoin’s mean transaction fees have already risen above $7.
IOTA have addressed how it is possible to solve these issues.
The main innovation behind IOTA is Tangle. This is a newly created, distributed ledger based on DAG (Directed Acyclic Graph). Tangle is a distributed database and P2P Network and it relies on a consensus and a validation mechanism. The validation process is ensured by one transaction confirming the previous two and there is an entire network of active participants who are directly involved in the approval of transactions. As such, consensus in IOTA is no longer separate from the transaction making process, it’s an intrinsic part of it. This is what enables IOTA to scale without any transaction fees.
The first step is 'signing': You sign the transaction inputs with your private keys.
The second step is 'tip selection': MCMC (Markov chain Monte Carlo) is used to randomly select two tips (i.e. unconfirmed transactions), which will be referenced by your transaction.
The third step is 'proof of work': In order to have your transaction accepted by the network, you need to have proof of work - similar to Hashcash (spam and sybil-resistance)
Once these are completed, your transaction will be broadcast to the network. Someone else will choose your transaction in the tip selection process and validate it which confirms your transaction.
Because IOTA achieves consensus on the validity of transactions without any miners, there are no transaction fees.
Since consensus is parallelized, and not completed in sequential intervals of batches as in Blockchain, the network is able to grow and scale dynamically with the number of transactions. The more transactions made, the more secure and efficient Tangle gets.
IOTA makes it possible for a cluster of devices to branch off and make transactions in an offline environment by utilizing different communication protocols (ZigBee, Bluetooth LE, etc.) for P2P communication.
The main reason why IOTA was created is so it can be the backbone for the Internet of things.
IOTA Foundation has recently announced a new micro-payment based data marketplace.
Bitcoin crash will surely have a positive impact on alt coins. It had always been like this and this probably won't change. When bitcoin crashes people will start investing their money in alt coins and then then their prices will go up. People always tend to invest in a safer coin and in our case alt coins will be their choice.
They will go up
Altcoins are even more likely to go down in bitcoin crashes. If they are not moving down, they only stall in general. It is very dangerous time to stay in crypto at bitcoin crash time.
not all the times, some times its just a co incident. bitcoin and altcon are totally different, they dont really hold the destiny of each other. the cause of these rise and fall are mainly due to the deman and supply though sometimes there is a manipulation behind it but one thing for sure , they can always regain their value overtime , no matter how hard they fall or dumped.
Hi all!
With bitcoin flying to the moon, a lot of people expected a (huge) crash. In perspective of other crashes, how will the price of altcoins react when bitcoins drops to say $6.000? Will altcoin go up or down?
Bitcoin is the pack leader so if bitcoin prices drop then we should expect all other altcoins to be affected but some altcoins will appreciate in value because they are pegged to bitcoin price and a weaking bitcoin means a more power alt but then again it all depends on how investors react to this phenomenon.With bitcoin flying to the moon, a lot of people expected a (huge) crash. In perspective of other crashes, how will the price of altcoins react when bitcoins drops to say $6.000? Will altcoin go up or down?
Things will be in favor of rest of the coins which are there in the world of crypto currencies. Moreover, this will also help more people to buy bitcoins.
Hi all!
With bitcoin flying to the moon, a lot of people expected a (huge) crash. In perspective of other crashes, how will the price of altcoins react when bitcoins drops to say $6.000? Will altcoin go up or down?
With bitcoin flying to the moon, a lot of people expected a (huge) crash. In perspective of other crashes, how will the price of altcoins react when bitcoins drops to say $6.000? Will altcoin go up or down?
If bitcoin makes a major dump like getting down to $6000, alt coins will be down at least 50% amount and they will face a greater market crash than bitcoin faces. Alt coins are less stable during crashes.
Altcoins are even more likely to go down in bitcoin crashes. If they are not moving down, they only stall in general. It is very dangerous time to stay in crypto at bitcoin crash time.
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