bitcoin to $4000 = altcoin market crash

[Leonard2016]

what do you think about that ?

so far whenever bitcoin price goes up, most of the altcoins (specially the top 10 alts) get dumped pretty hard.

and it has already happened, with bitcoin over $4000 everything is in red again.

[puvanb]

I feel somewhat fishy with the price of btc. Suddenly it is going up and up. This actually reminds me of gold price manipulation starting 2005. 5 big firms including lehmann brothers were slowly increasing the price continously back then. These increase arent normal. Be careful with your decision at this point. It would be best to hold on to your btc then sell them high.

few days back I was reading somewhere and it stated if btc doesnt go above 3.5k it will be then down trend. suddenly its above 3.5k. then I read it might touch 4k and now its in the 4k. Now I read it will touch 5k. God knows who is playing this game. Just dont get butthurt.

[HippiePyro]

Sell it as bit coin or buy tether and wait it out.

[DylanJones]

Sell it as bit coin or buy tether and wait it out.

Seems there is sudden support for tether, anything folks have heard to inspire this recent increase in mentions here?
Now that we've seen btc pass 4k (and eth grow with it) with no crashes, whatever hands are moving it up, we can only hope it keeps going up. Crashes / dips usually recover better if they fall from a higher point. All for it!

[QueenOf]

what do you think about that ?

so far whenever bitcoin price goes up, most of the altcoins (specially the top 10 alts) get dumped pretty hard.

and it has already happened, with bitcoin over $4000 everything is in red again.

Yeah, I guess it's hard to decide whether my alt will be on hold or sell, hoping will be increase to  simultaneously, loool may have to wait twice for it and certainly very long. ..
Perhaps you could share your experiences of overcoming it.

[jeraldskie11]

I saw a lot of altcoins now are being down their prices even the top market capitalization list. I think bitcoins' increasing of its price will affect the price of any other cryptocurrency or altcoins. Bitcoin price now is $4000 and I think it is reaching $5000 and it has a big possibility.

[HalfDeck]

what do you think about that ?

so far whenever bitcoin price goes up, most of the altcoins (specially the top 10 alts) get dumped pretty hard.

and it has already happened, with bitcoin over $4000 everything is in red again.

Try ask again the reason make the altcoin market dumped to lowest price!

1. Have whales control the price of Bitcoin or not? - Yes, have them, if not have them on market the current price Bitcoin can't reached $4,000.

2. Why most altcoin top 10 in May dumped, even base price in 6-8 months ago? - Just by speculator and trader can't keep their calm and sell all altcoin for going to buy Bitcoin

=> FOMO of Bitcoin and make panic selling Altcoin

Final, what is benefit whales earned from control the price of Bitcoin? I will let you find the answer yourself.

[xaxistech]

Bitcoin is pretty high right now, i think it will dump in a few days, it has been rising since it was $2800, so i think there is gonna be a big correction after all this bullish trend ends, as far as i know all the altcoins are in red right now, i am waiting until the market make a correction so i can buy altcoins in that moment and take a short term profit, i dont like to do trading but i wont lose this opportunity.

[wenzuo]

bitcoin surely suck blood from altcoin, the market cap of btc equal to the total 2-50 behind, as much as to say, its the half of blockchain, so the little wave of btc will cause tide in the whole market

[Soutogu]

Just wait a few hours/days and it'll go back to normal, as usual. You also have to realize that while bitcoin grew only a few % during the week, some altcoins had INSANE bull runs - likEe NEO, OMG, IOTA, PAY, among others... Just don't try any fancy trades right now and wait it out (i'd even say that waiting it out in an altcoin you trust right now is better, i dont think bitcoin is gonna surge past 4k that easily and maintain it on the 1st try)

[noictib]

what do you think about that ?

so far whenever bitcoin price goes up, most of the altcoins (specially the top 10 alts) get dumped pretty hard.

and it has already happened, with bitcoin over $4000 everything is in red again.

I don't think this is crash like anything because here thr main factor of the excitement of increasing price  .
Here if you figure something throughout then you will found that the price is changing from end to end with the bitcoin rise or dump .
Suppose you have any coin at at price 0.01btc/coin then after increase the price of the bitcoin , the price of the coin became down but if you will sell that coin for the btc and then sell for the fiat then there will be the value of the money same that you invested earlier .
So we need just change our mentality no to think anything much about and keep calm and hold btc and altcoin to get better profit in future

[basesaw]

I feel somewhat fishy with the price of btc. Suddenly it is going up and up. This actually reminds me of gold price manipulation starting 2005. 5 big firms including lehmann brothers were slowly increasing the price continously back then. These increase arent normal. Be careful with your decision at this point. It would be best to hold on to your btc then sell them high.

few days back I was reading somewhere and it stated if btc doesnt go above 3.5k it will be then down trend. suddenly its above 3.5k. then I read it might touch 4k and now its in the 4k. Now I read it will touch 5k. God knows who is playing this game. Just dont get butthurt.

For me it was the demand since bitcoin goes $4000 now. many people are now being interested on bitcoin since it was now quadruple in price since january 2017. Many people are now believing on bitcoin since it was the future fiat plus the segwit has now locked-in.

[fatlever]

i dont think bitcoin is gonna surge past 4k that easily and maintain it on the 1st try)

It surged past $3000 last week and people said wait for it to drop below $3000 to buy.  

Bitcoin pretty much has something that no other coin has -- new investors to crypto bringing in new money, a of whom might never invest in another crypto. 

[Filmmmakerr]

Once it settles people will spend there coins else where. Just give it time and accumulate your favorite coins.

[Herbert2020]

this is what has happened so far to altcoin market,
- bitcoin goes up ---> altcoins drop
- bitcoin dumps ----> altcoins get dumped harder.
it is the dynamic of the market. although there are exceptions too.

in any case i have found out that altcoin market is only good for certain period of times.
- when bitcoin is stable and boring
- when there is a lot of FUD about bitcoin and how it is going to die
and we have seen and also exhausted both these options to pump altcoins this year.

Sell it as bit coin or buy tether and wait it out.

this is a terrible advise on so many different levels.
first because bitcoin is rising and the rally is just starting and it is pretty strong!!
and also because tether is not exactly the best option you can rely on.

[cuo]

what do you think about that ?

so far whenever bitcoin price goes up, most of the altcoins (specially the top 10 alts) get dumped pretty hard.

and it has already happened, with bitcoin over $4000 everything is in red again.

Yes, I think that's common. I think panic sell will not help here, I prefer to do a hold rather than sell because I am sure that altcoin will pump again.

[monocolor]

what do you think about that ?

so far whenever bitcoin price goes up, most of the altcoins (specially the top 10 alts) get dumped pretty hard.

and it has already happened, with bitcoin over $4000 everything is in red again.

Yes, I think that's common. I think panic sell will not help here, I prefer to do a hold rather than sell because I am sure that altcoin will pump again.

Bitcoin strong, all the "ICO" coins come down quickly. Those who bought "primalbase" at 3-5 BTC per token now can sell only at 1 BTC. The "investors" lost big.

[no0dlepunk]

This means people don't want to invest their fiats in BTC right now because the price is too high - this is why they moved out from altcoins instead and put their money in bitcoins to avoid deflation. Altcoins will be back on track as soon as BTC price stabilizes again (probably at 5000s). I am also crossing my fingers because I have bags of altcoins that decreased their BTC value but fortunately increased in USD.  

[NJB18]

I now seem to think that Bitcoin rising no end is not that healthy anymore to the crypto market. I think it is better if there are fluctuations even if the general line is upward. I remember the past prediction that this year 2017 will end up with BTC having reached $4000. It came much earlier and all the alts are dumping now.

[kynaz]

In just a short time, Bitcoin reaches $ 4,000, altcoin go to the moon, this makes me very scared about the altcoin because I am sure next week all altcoin will decrease because they will definitely sell altcoin to buy Bitcoin because Bitcoin prices are currently very high and can certainly reach $ 5000 next week