Topic: Will altcoin go up or down on bitcoin crash? (Read 1283 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.
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, for how many months that i have been around the crypto world, it has always been yhe same thing over amd over again. When bitcoin falls, promising altcoins rise(the good ones). Then later on, they fall in price. Which then makes bitcoin rise again. But, beats its own records every time. That's how the crypto world has been moving when i got here.
altcoin is likely to rise if the bitcoin accidents, because usually if bitcoin price rises altcoin will experience decrease bgegitu vice versa. but all that can not be predicted we just monitor it.
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?
Base on my observation, everytime that bitcoin fall 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?
There was an altcoin booming in the market.
Like for example, what happen earlier this november.
The price of bitcoin crash until $6,000 because a lot of miners support bitcoin cash.
But later on when bitcoin cash stop in rising the bitcoin regain its value and surpass its past price.
Yes, altcoins will go up, but not as hard as BTC drops. A part of BTC will again flow to fiat.
When the price of bitcoin starts to fall sharply, there will be a big drop in the other COINS, and if that happens then, it could be the bear market of cryptocurrencies.
If the crash comes in an unpredictable way there will be a panic in all the crypto world and occasionally the other altcoins will drop and they would need a time to stabilize.
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?
Well usually when the bitcoin price crashes altcoin's price crashes too but sometimes as bitcoin price rises some altcoins prices will crashes for example bitcoin cash after the announcement of lead devs of segwit2x, bitcoin price crashed from 7800 to 5500 and bitcoin cash skyrocketed and reached all time high of 2400 but now the bitcoin prices skyrocketed, altcoins are affected by surge too. ETH price have increased and other altcoins have price increase too. 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?
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?
That is a nice question to think.
The history shows that all the alts usually follow BTC trend, so if it goes down they follow. But we see how alts like ETH become stronger and stronger each day. So, they could go up instead of going down as I believe.
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 $6.000? Will altcoin go up or down?
In fact crypto currency's movement hard to predict, still if you say bitcoin will crash to 6000$ , i would go to buy Bitcoin again at $6000 level and also people will feared about bitcoin so they will turn to invest their capital to altcoins , so altcoins will pumped and rise more but i think no currency will over take Bitcoin because bitcoin is world wide ever green currency and I don't think bitcoin will crash to 6000$.
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?
I think, too, there will be a recession, now there is a rare case of simultaneous hoisting and bitcoin and altcoins, but their recession is not uncommon and abrupt. So you need to use the moment while. 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?
We saw Bitcoin go down heavily in mid November due to a dump and forks. But it recovered fast and now it's passed the $9700 mark, and heading for $10K for a new record.
On the other hand, Altcoins are affected by this movement, Altcoins have started increasing in value and we see this on coins like Ethereum that went from $300-$500 in less than 1 month. BCash on the rise too, so is BGold.
On the other hand, Altcoins are affected by this movement, Altcoins have started increasing in value and we see this on coins like Ethereum that went from $300-$500 in less than 1 month. BCash on the rise too, so is BGold.
It's indefinite. We cannot clearly speculate on this thing, but as we all know some alt coins are greatly oppositely affected by the Movement of Bitcoin's Price. Crash cannot be seen and there is no supporting details about this, since there is no BIG FUD news generating FUD for a Big sell out, there is no also upcoming hard fork on Bitcoin. So the only supporting news here is the CME, if it will be executed and implemented well, Bitcoins will continue to rise however, if this Bitcoin Futures was just made for the Big Whales to get a big money out of Bitcoin, then a definite crash will surely happen, but then again, no one can support this statement until the time has come for CME to implement and start the operation of Bitcoin Futures.
There is a saying that "bitcoin did not need the support of altcoins to grow but altcoins need bitcoin to grow" this saying has proved to be real since the beginning of this year. In September when bitcoin was making a significant corrections we can all see that altcoins was also falling and when bitcoin was increase some of the altcoins was still falling because traders were converting their altcoins hold to bitcoin in other to get free coins. You should not expect bitcoin to be falling and altcoins will be increasing in price as in reality this has not happened for once.
When Bitcoin crashes then Altcoin will retain its value but it depends on the altcoin you have
If you are holding altcoin like top 10 I think their Bitcoin value will go up to adjust the value with usd
If you are holding altcoin like top 10 I think their Bitcoin value will go up to adjust the value with usd
I think you are too exaggerated to say like that,altcoin is only a small part of the Bitcoin copy and many people are starting to recognize altcoin from Bitcoin. this means the Bitcoin price will be higher and will not fall too deep. Altcoin will grow up when they have something news which makes it better.
I think you are too exaggerated to say like that,altcoin is only a small part of the Bitcoin copy and many people are starting to recognize altcoin from Bitcoin. this means the Bitcoin price will be higher and will not fall too deep. Altcoin will grow up when they have something news which makes it better.
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?
It's hard to say. If money flows out of all cryptos then altcoins will be affected as well, and since bitcoin is the number one crypto i think that this is the most likely scenario to happen. Bitcoin will be dumped, alts will get dumped, but at a lesser scale.
There are alts that have been historically been associated to fiat more than BTC, though. One example would be monero, and even ETH.
These coins will be hit the least, and will probably rise in BTC valuation.
Last time btc dump and dip it dragged the whole alt market down with it. I think it's probably better to keep money in tether or fiat and wait for buy in unless something like the "flippening" happens.
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?
It's hard to say. If money flows out of all cryptos then altcoins will be affected as well, and since bitcoin is the number one crypto i think that this is the most likely scenario to happen. Bitcoin will be dumped, alts will get dumped, but at a lesser scale.
There are alts that have been historically been associated to fiat more than BTC, though. One example would be monero, and even ETH.
These coins will be hit the least, and will probably rise in BTC valuation.
yes i think s. the price of altcoin increase compare with bitcoin. if we compare about price usd i think its not really different.
the only altcoin that can increase is the altcoin which has big support behind mean that altcoin is good.
the only altcoin that can increase is the altcoin which has big support behind mean that altcoin is good.
Crypto-Currency movement is really indeed unpredictable and if there's a sudden dump then people would freak out and tagging Bitcoin Cash as a joke. And I found no basis for a Bitcoin Cash being a joke because it was created to be the rival of Bitcoin and top Altcoins. Bitcoin Cash deserves to be the next Bitcoin and people cannot accept that.
Bitcoin cash is a joke because it's owned by the chinese mining cartel with some no name dev backed by fake satoshi and judas ver. Google roger ver mt gox and what he did in the past.
Bitcoin cash is still using old tech with increased block size. One day there will only be select few people able to run nodes for bitcoin cash. You know what happens if there are only a few nodes? They can steal and gift themselves bitcoin cash if all the node owners come together and agree. Bitcoin cash might be pumping the short term but tell me do you see mass merchant adoption for bitcoin cash? Anyway I rather hold btc and get free fork dividends like bitcoin gold, bitcoin diamond....+new forks than touch bitcoin cash because to me it is a joke. "Satoshi: If you don't believe me or don't get it, I don't have time to try to convince you, sorry."
At the end of the day though I don't think either btc or bch will die off because too much money is already invested and both sides got diehard fans, but no way in hell bch will dethrone btc. If anything else another altcoin with completely different or better tech might dethrone btc.
The other way around is also true?
Actualy thats not what is happenings at this moment. The whole coin index (top 10) is in a big move up with prices going for the moon.. first time for me seeing this, so im still a bit shocked at the numbers and volatility of the crypto’s. Only Google brought me here, MSM almost does not mention this side of the economy.
Glad to be here befor the majoriteit of people is acceptant the cryptocoins. Still some large crumble of the cake for me
Actualy thats not what is happenings at this moment. The whole coin index (top 10) is in a big move up with prices going for the moon.. first time for me seeing this, so im still a bit shocked at the numbers and volatility of the crypto’s. Only Google brought me here, MSM almost does not mention this side of the economy.
Glad to be here befor the majoriteit of people is acceptant the cryptocoins. Still some large crumble of the cake for me
ususally when Bitcoin up, altcoin will turn down and otherwise
actualy Etherium and Ripple it more stable
actualy Etherium and Ripple it more stable
When Bitcoin dropped down hard then people freaked out and they're dumping their Bitcoin and shift to other coins so that was actually happened when Bitcoin was dumped and Bitcoin Cash was pumped.
yes i think s. the price of altcoin increase compare with bitcoin. if we compare about price usd i think its not really different.
the only altcoin that can increase is the altcoin which has big support behind mean that altcoin is good.
the only altcoin that can increase is the altcoin which has big support behind mean that altcoin is good.
Crypto-Currency movement is really indeed unpredictable and if there's a sudden dump then people would freak out and tagging Bitcoin Cash as a joke. And I found no basis for a Bitcoin Cash being a joke because it was created to be the rival of Bitcoin and top Altcoins. Bitcoin Cash deserves to be the next Bitcoin and people cannot accept that.
ususally when Bitcoin up, altcoin will turn down and otherwise
actualy Etherium and Ripple it more stable
actualy Etherium and Ripple it more stable
Bitcoin Cash was pumped hard late October and is the reason why Bitcoin was dropped hard low from $7,000 down to $5,000. When Bitcoin will crash then Altcoins will rise and will be the same every time there's sudden dump in every Cryptocurrency.
yes i think s. the price of altcoin increase compare with bitcoin. if we compare about price usd i think its not really different.
the only altcoin that can increase is the altcoin which has big support behind mean that altcoin is good.
the only altcoin that can increase is the altcoin which has big support behind mean that altcoin is good.
So that means (when u think bitcoin will crash) go go go ETH, LTC, ASH, etc..
But will a Hugh crash of bitcoin also have negative effect on the price/interest in altcoins? I can imagin people will have doubts on stability, durability and or the money paid for any crypthocoin. Will this have no effect on the altcoins? Or will this move from BTC to altcoin be way bigger that the number of quiters?
But will a Hugh crash of bitcoin also have negative effect on the price/interest in altcoins? I can imagin people will have doubts on stability, durability and or the money paid for any crypthocoin. Will this have no effect on the altcoins? Or will this move from BTC to altcoin be way bigger that the number of quiters?
For obvious reasons, the crash of Bitcoin will have a positive impact on the price of altcoins, providing them some breathing room to attract investors. Then again, only clear cut and well established altcoins stand a chance to show growth and progress while the innumerable shitcoins without a proper purpose will continue to suffer.
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?
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