Bitcoin Forum

Hello everyone, I'm sorry if this sounds stupid. I am a learner in the crypto scene.  :-[

I know BTC probably isn't going to crash anytime soon, and in this case, if a huge BTC crash happens, eventually most altcoins would suffer alot.

But, in this cenario of crash, would most of the alts be done? I mean, what are the odds of altcoins surviving this crash? Would they then get negotiated with fiat?

I was just wondering this and wanted to discuss this (distant?) possibility...

Bitcoin is the core of all altcoins. If it crashes people will notice how risky and volatile investing in cryptocurrencies is ,It would be hard for anyone to trust another coin and most of the people will start panic selling their alts . You already saw how when ever bitcoin goes down most of the alts go up and the opposite. So yes if bitcoin crashes it would be a sad time for alts too.

That's a good question and I noted that it's a concern for those who run altcoins:

Eg. Litecoin Founder Charlie, in a recent interview on CNBC:


https://www.c[Suspicious link removed]m/2017/12/14/litecoin-founder-charlie-lee-talks-bitcoin-cryptocurrencies.html

Crashed ? I Don think so brother
Crashed it's mean system failure and another kind of error. But on this condition bitcoin still allright and maybe just going down a little bit so this normal.
Don' t made a simple conclusion on news out there. We must analyze first.

Bitcoin is the mother of all cryptocurrencies. Its like a face of cryptocurrencies to the currency world. Despite bans and regulations by many countries for many reasons bitcoin community have shown trust and confidence in bitcoin currency. As a result investors are investing large amount in bitcoin. By keeping in mind bitcoins growth many investors are investing in other cryptocurrencies. In future if anything happens to bitcoin, it will definitely get reflected on other cryptocurrencies. But it will not destroy these currencies permanently.

Yes the crash of bitcoin affects altcoins but there are lots of coins which are not overpriced like bitcoin now so even though they may be affected a little bit, they will not crash hard.

If bitcoin collapses, people will lose faith in all crypto-currencies. I think that this will not happen. Manipulation will be, but the collapse of bitcoin is gone. Especially altoquin is now very dependent on bitcoin.

So true! Maybe one exception, LTC which follows BTC trend.

No. The opposite will happen. When Bitcoin crash, altcoin market will surge. That's what is usually happens. If altcoins crash, Bitcoin is pumping. But in rare occasions, Bitcoin crash and altcoins crash too. That's a rare scenario. But it actually happening. However, Altcoins can still survive no matter what.
happen. Anyway, expect Bitcoin price will surge again soon as the CME will add Bitcoin to their futures at Dec. 18. Expect altcoins to bleed again because the Bitcoin will suck most of the volume from the altcoin market. So hold Bitcoin for now. Just to be safe.

If bitcoin were to fail then so will all of crypto.

I don't think so. I think altcoins will grow in that case. However there can be a total disappointment in crypto and all coins will drop in price. But I doubt that it'll happen.

My bad. By "crash" I meant, IDK, a speculative bubble price crash maybe?

Before I get demonized, I know BTC is not a bubble, but I think there's a big number of gamblers in this market.

Maybe some negative news or regulations would scare some people and cause some kind of crash? I really don't know, just discussing in case this happens...

Anyway, thank everyone for the discussion. If such an event happens again with BTC like happened with Mt Gox in 2013, do you think altcoins would  surge? Following this present trend of surging when BTC falls...

Bitcoin is the cornerstone of cryptocurrencies. If it crashes that will definitely cool down the market for all cryptocurrencies. But will not be the end of it, just a new beginning :)

Yes, if bitcoin crash people will convert their money to fiat, so the alts will be affected as more people will sell their bag to stay safe. That's why it's better to leave your money as bitcoin or some top alts like eth, because strong alts have the ability to recover later when the situation stabilize instead of dying to oblivion like a lot of shit token.

Depends on what reasons the BTC would crash. But because BTC is the main pillar for crypto, any disturbance to it will have ripple effects (no pun intended) on the market, that's natural.

But if we are to think that BTC had many crashes and still alts still survived long term but also highly thrived and increased in numbers.

So I wouldn't say a crash would destroy alts but of course, would hurt everyone.

I will somewhat agree to your concerns, it is evident from the past the both the btc rise and crash leads to panic in altcoin markets. So we should know the risks.

This is not always the scenario of altcoins. Sometimes when bitcoin goes down, good projects  usually goes up. There are many factors to consider why altcoin goes up and down, updates or incoming events could also prevent altcoin to dump even if bitcoin pumps.

I thought if bitcoin crash, altcoins users will happy ? I mean, when the price of bitcoin fall/crash, altcoin price will pumped go high. If bitcoin crash, it will not destroy altcoins. The only change is the price of altcoins, because many altcoins following the bitcoin price.

This is what gives me hope. A survived crash would be a new chance, kind of a restart. Anyway, I don't think it will happen atm.

Most of the altcoins are traded in pairs with BTC in exchanges and it is obvious that  BTC dump willdecrease their USD volume too. However  if it happens most altcoin holders will try to panic sell alts for fiat or btc as it always happens. I belive that BTC will not "crash" but it may have a very strong correction (ofc all media and "experts" like JP Morgan CEO will scream that it is) and there is a chance that it will kill some alts.

It is a good question but a tough one to answer. For me i think when btc crashes, every other coins will also be affected. BTC is the largest and the benchmark for all of these coins. It will create a depression like in economy.

BTC is the first created in cryptocurrency or the king.
So, it will affect the trust of people who would want to invest or already invested into bitcoin. They will be getting into panic sell zone and continue dump which is not just bitcoin, altcoin will also get the effect.
but, usually if btc goes down, most of altcoins goes up or just stay.
btc goes up, altcoin goes down.
when btc stable, that's altcoin time to go up.
it depends on the trust. Probably, altcoin who can survive with better support or feature bypass the btc one day. I don't know. Just my 2 satoshi.

Bitcoin and altcoins were similar in features, but has got different platforms for functioning. In this regard, even if one fails the other won't get crashed. It'll continue to survive gaining good value and now it's time to think about growth rather than the crashes, because both were now growing in a mutual manner.

Depends what cause the crash of bitcoin if its some kind of hack then no since btc use old technology and there are much better coins compared to it,but if its some kind of market crash(like tether shananigans)then atls would take a hit 2.Have in mind that more then 50% of total money in crypto is invested in bitcoin and that btc is pretty much only crypto currency that people heard of

BTC crash is not wanted by any community. It will not only harm the altcoins but also people will fear to invest in projects and ICOs as they will fear that the bigger crypt got crashed then anything can happen to any coin. That is why BTC crash is harmful for altcoins.

See i know it will not crash but as you have ask this question according to me there are two possibilities 1) If bitcoin crashes that means large part of crypto crashes and that possibly take whole crypto system down and out which includes all new or old altcoin,ico's and everything.2) If it crashes and this crashing is no new for people as it happen in past too soo people will look for alternative to invest and they might turn to some other coin which indeed can acquire the position of bitcoin.This is the rule of nature if one gets down other rises and here is no new if bitcoin falls it gives its position to other alts.

If a bitcoin crash happened right now, the alt coins would go down with the mothership.. They're still tied together. BUT, i do think that many alts would start to make a recovery short after actually

Huge btc crash? I doubt it will happen but okay let's stick with your IF. If bitcoin will be on a big crash then that's going to make altcoins into a great opportunity of having some time to pump. When bitcoin is crashing / correcting, altcoins are starting to pump, vice versa. You are starting to think a lot of things that will just make you think for inappropriate things. Crypto's can't negotiate with fiat, it's incompatible.

i personally think with the current price and according to the experts bitcoin price is far away from crashing at least in the near future which i mean buy the up coming ten years and if that happen i think it wont effect other altcoin

This is a good brief description. Obviously, Bitcoin has also tried to adopt Ethereum smart contract technology, if it works then the rate of crypto currency (Bitcoin and Altcoin) will be soaring, but if it ends badly, at least it will have a much worse effect for other Altcoin. We can not predict what will happen in the future, but at least with the results of consensus fork and its implementation, hopefully crypto technology continues to grow for the better.

I believe, as long as there is demand for bitcoin and other crypto-currencies, nothing will "collapse" and there will be no breakdown. And the demand and popularity only grows, so while you do not need to worry. My opinion.

If bitcoin collapse it will be an opportunity for altcoins to surge because they will selling BTC to buy altcoins in which the trading must go on, that we need our passion of trading to continue but this is a most likely the opposite for now because bitcoin continue to surge in which altcoin holders are selling their coins to ride on BTC stability.

I believe so because the altcoin market is highly correlated to Bitcoin market as an example when bitcoin neither up or down the altcoins market get a dump. If that happens, i'm sure only the altcoins that really had a real-life use will survive and the others pump and dump coins will be dead.
But personally, i doubt Bitcoin will crash that an indeed little percentage that would happen.

Bitcoin's fall will not lead to total crash of all altcoins. There are altcoins which have proven their strength and have flourished in the cryptoworld and i think those altcoins will be there when bitcoin crashes which is unlikely to happen today and years to come.

Many altcoin is already showing there independence from bitcoin. With raging bitcoin price increase and very difficult transaction speed and fee, Altcoin will start gaining prominence and become prefer choice of use for large percentage of users!

As already mentioned, bitcoin and altoins (normally) will go in different directions - if BTC rises, Alts will remain low, and the opposite; if BTC would crash, Alts will go up again

Here again it really depends on each individual ALT coin you are talking about. If anything it may increase the value of the ALT coins. This appears to be the trend when Bitcoin crashes.

I think that this will not affect the altcoin.
Each altcoin is a completely different concept and idea.
It all depends directly on the technology 8)

First of all Bitcoin is not going to crash because there is largest population of the world yet to get in BTC, still a great number of people worldwide are not very well aware about Bitcoin, BTC market is Young and the increasing price of BTC is unstoppable.
But IF Bitcoin crash then the era of cryptocurrency revolution will meet its end.

We have seen this happen loads of times already, when BTC dips, so do alts but they dip even more. Even the top 2-10 coins all dip in value when BTC does.

BTC is king at the moment till something else dethrones it.

So what?
Bitcoin has been through numerous "crashes". If it happened before it can happen again.

i think if bitcoin die it will effect the entire price cryptomarket, cryptocurrency wont attract investors anymore because investors has given up bitcoin, so the market will surely be weaken and altcoins may take a long time to regain their effect on the cryptomarket but can hardly be destroyed by bitcoin crash.

The otherwa around should happen if the BTC collapses the foundation of all cryptos,some alts will survive and their price will increase because they are measured in satoshi.

I think if bitcoin would crash it will definitely affect the Altcoins since bitcoin is the mother of all crypto currency. People might think that if bitcoin which is the best and stable currency in the crypto world crashed so all the altcoins that can't replace the bitcoin. But ofcourse I still believe that it won't happen even in the future.

A possible big crash would destroy the whole market but it's not time to talk about this. Correction waves and crashes are possibly happening when the time comes, being vital is to hold your coins anyway.

So everything will change soon when bitcoin grows evenly and altcoyin will not grow

I think that when Bitcoin crashes down to something like 2000$, certain coins that are not depending on bitcoin will go up a lot, but coins that do depend on Bitcoin will crash along with Bitcoin. So let's hope that doesn't happen.

Since Bitcoin was Volatile, it means crashing the price value is impossible to be happen, because it may go down but in just for awhile it will goes up again. That's the reason why most of the traders stay long in different exchange platform especially in doing trade in bitcoin or in the altcoins. So, I don't think that when Bitcoin crash destroy altcoin.

If Bitcoin will crash, it will destroy useless altcoins. But loads of projects will prosper, because people will pour the bitcoin money into them.

Well one thing to consider - what if Bitcoin crashes BECAUSE of something that's launched as an Altcoin? Let's call it "Bitcoin Fresh" (please God tell me that there's no such coin and that no one will try to take this idea...)

Anyway let's say Satoshi comes back to life and launches Bitcoin Fresh with many of the original developers - you could imagine Bitcoin tanking and Bitcoin Fresh rising.

Would that be good or bad for altcoins? I think it'd be good. It means that Bitcoin isn't the be all and end all of coins.

where do I get Bitcoin Fresh? do they have a skydrop??? Are they on Bittrex???

I think if bitcoin is destroyed then all the crypto world will be destroyed as well.

Bitcoin could go down sharply only if will be installed state restriction on whole blockchain technology use for getting electronic currencies. Then all cryptos will fall. But I don’t see any premises for such events.

ETH will survive!

BEcause....is the BEST ALTcoin...and is much better then BTC ::)

as trader works on managing customs of tasks with evaluation,
then might defines of one with decision to work with the request of submission.

the altcoins developer might shown with the looks on drawing of chart as they run of strategy as displacing part on allocation with the funds as following or running of opponential option with the trend running on exchange market as confront with the bitcoin.

Yes, the markets are linked and bitcoin crash would undermine faith in all cryptocurrency.  I don't think there's much we can do about that.

Here's the scenarios I have thought through:
1. Small adjustment
2. Large adjustment
3. Full scale crash
4. Flippening

For 1, this is likely and overdue.  All cryptos will dip when btc goes through this.  Good buying opportunities for those that are not overly invested in crypto.
For 2, this is a risk.  All cryptos would crash, particularly Litecoin, ETH, Bitcoin Cash, etc.  There would be a long term recovery.
For 3, this is a smaller risk.  All cryptos would crash.  Your money is gone, but the hardcore would continue to push for it to be a cryptocurrency.  The tech will be applied to banking.
For 4, only BTC and its clones would collapse.  The most likely candidate is Bitcoin Cash, providing the whales continue to to carry it to adoption and burn money to ride out adjustments.  I believe there are several whales that will do this.  If the fears of lightning and blocksize prove to be false, a flippening will not happen until a contender appears or there is a mistake with the handling of the btc project.

I'm curious to see what the 'bankers' add to the equation now futures are here, these reckless tools will undoubtedly fuel blind panic.

My observations of watching adjustments across a decent mix:
Monero and Dash I have observed to buck the trends, and can often go up whilst BTC and its clones dip.  The wider trends they follow though.
BTC, BCH, BCG, ETH, LTC, etc. are all joint at the hip with BTC having the biggest impact on the others.  This is down to their properties, there's really not much difference between most coins in terms of technical properties.

There's a lot of shitcoins, mostly running on pure speculation so these are just a random guess.


I think crypto has value and I hope it persists; providing it becomes more efficient and replaces cash.



note: obviously pure opinion

Bitcoin has the largest group of developers in order to maintain the security and integrity of the it's Blockchain network and that's why Bitcoin's price is continually surging expensive.
But, if the blockchain network isn't secure anymore that is when someone could penetrate the system or hack multiple servers at a time then that's the time Bitcoin will crash and so as the Altcoins, is Bitcoin network isn't safe and so as Ethereum, LiteCoin, Waves, Ripple and other Blockchain platforms because when one blockchain is flawed then the rest will follow.

I don't really think Bitcoin in any circumstances aside of network core sabotage will crash the entire blockchain.
This of this, there's no way Bitcoin will crash because of the large number of Bitcoin core running at the same time and it's hard to penetrate multiple machines in the network. But I only see two reasons why Bitcoin will crash. It's either Bitcoin network is hacked or penetrated or sabotage multiple machines in the network at the same time or secondly the internet is shutting down due to major catastrophic nature events that will cause data centers affected.

When Bitcoin crashes, no Altcoins will survive either because when the blockchain core is compromised then the other cores will be then follow.
There's a large number of developers and blockchain security experts marinating the security and the integrity of the blockchain core network that is preventing from hackers to develop their way into crashing it that's makes Bitcoin mote expensive today.

Agree. Nice.  If BTC crashes people need to understand the chances of the exchanges not crashing - so you will not get your money out - are zero.  They will crash and the truth is NONE of the exchangeshave enough FIAT on hand if too many people want to convert to cash.   


Yes, a crash can happen and has happened and will happen again.  WHen it happens and how low it will go is not something people can predict. 

I don't think so, but it will take most altcoins down with it.

Definitely yes! Trust for cryptoworld will fall down significantly. Even such a big coin with more than half capitalization amount crashed, so people will be even scared of thinking  about other coins. And there will be a long run to return this trust.

If something unforeseen happens with bitkoynom and, for example, it becomes drastically depreciated, it will, of course, greatly affect the altcoyins. This will depend on the reason that bitcoin will collapse in price. Among the bitcoin holders and altcoins, panic will begin and they will discard their coins. However, after a certain time, the market of altcoyins should stabilize. The fact is that altcoyns are usually created to serve a particular area of ​​our life, they will perform their work vseravno and, accordingly, the demand for them should be regardless of the fall of the bitcoin course.