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Author Topic: What happens to alternative cryptocurrencies IF Bitcoin "Bubble" breaks?(assume)  (Read 736 times)
lelou
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December 10, 2017, 03:19:58 PM
 #21

Based on my observation, if bitcoin is the only ones rising and when the bubble pops, almost all the coins recover. But if the whole market is rising and all coins are raising its price and the bubble breaks, most of this altcoins die.
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December 10, 2017, 03:32:11 PM
 #22

When Bitcoin bubble breaks, with panic selling effects, all altcoin will be die because the investors lose their trust in cryptocurrency. But, this wont happen in near future.

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December 10, 2017, 03:32:59 PM
 #23

hello,
If the financial bubble (assume) Bitcoin breaks down, whether the price of alternative cryptocurrencies like ETH, Ripple, LTC, etc. may be going up?
what do you think about it? here, I m not saying Bitcoin bubble as "Cryptocurrencies" Bubble,
For your information about the fact that the all of cryptos are following the bitcoin in the dollar value, if the bubble will be burst and another will be following the bitcoin. as you can see what already happened yesterday bitcoin gets almost 20$ decrease just in short time and the majority of the coin were following the bitcoin.

 
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Dailyroberts
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December 10, 2017, 03:34:20 PM
 #24

hello,
If the financial bubble (assume) Bitcoin breaks down, whether the price of alternative cryptocurrencies like ETH, Ripple, LTC, etc. may be going up?
what do you think about it? here, I m not saying Bitcoin bubble as "Cryptocurrencies" Bubble,

Bitcoin is not a bubble. Crypto is not a bubble, and there won't be a any breakage here. The thing happens is crashes or price corrections that are considered as normal.
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December 10, 2017, 03:34:59 PM
 #25

I think that if there is a bitcoin bubble and it does pop then the whole cryptocurrency market will crash. Sadly most alts aren't judged off their own merit and in fact the value of bitcoin, at least that is the impression I have.

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December 10, 2017, 03:43:32 PM
 #26

Maybe we should figure out WHY the bubble would burst.
To my mind, it will happen becaue people will one day realize that in fact, the better technology / use case wins. Not the hype.

Why should investors get all their money out? It makes no sense. They will switch to other cryptos; remember my words by 2019  Cool

 
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December 10, 2017, 06:52:44 PM
 #27

Firstly we don't have to think or assume that prices going high with that pace does mean that it is going to pop and if that dream bubble breaks it will take bitcoin to all time low which is not good but it will demolish all other cryptos and again all investors will look for fiat as option which is the worst news for cryptos and all those positive news that are coming for legalization may end with that and all those hard work that we have done to make crypto what it is now goes in vain.So be positive.
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December 10, 2017, 07:19:01 PM
 #28

When the dotcom bubble broke the internet survived and is now hundreds of times more integral to our lives.

Even if the Bitcoin bubble pops blockchain will survive.
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December 10, 2017, 08:55:52 PM
 #29

I think the major thing that will happen is that the altcoins will now be the ones who will take bitcoins place as the major cryptocurrency and there would be competition among the devs of these coins so that theirs will be the top choice.
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December 10, 2017, 09:17:17 PM
 #30

Hello. I think if the bitcoin bubble bursts it will piledrive all altcoins into the ground and probably will kill 80% percent of the projects. The good ones will recover
I also think that it wont be that devastating as we all think, there are a lot of exciting projects with Proof of Concept (looking at you Ethereum). We will see what the future holds
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December 10, 2017, 09:38:30 PM
 #31

I think that if there is a bitcoin bubble and it does pop then the whole cryptocurrency market will crash. Sadly most alts aren't judged off their own merit and in fact the value of bitcoin, at least that is the impression I have.
yeah

hello,
If the financial bubble (assume) Bitcoin breaks down, whether the price of alternative cryptocurrencies like ETH, Ripple, LTC, etc. may be going up?
what do you think about it? here, I m not saying Bitcoin bubble as "Cryptocurrencies" Bubble,

Most alts don't seem very independent... so based off history, alts will be in bad shape.
"BTC up, Alts down... BTC down, alts down."

If BTC were to just show red candles day after day and just continue downward for a few weeks, I'd just be a blood bath imo.
shit-coins would probably go way below ico if a BTC-bleed drags out .

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