Looks like another crash is coming!!

[Karmakid]

here is what usually happens:
- bitcoin goes up > altcoins get dumped
- bitcoin dumps > altcoins get dumped harder
- bitcoin stays stable > altcoins get pumped

you should hope for the third option to happen. and the reason for it is very simple, in both first 2 options traders are always in bitcoin market either picking up cheap coins or making profit or shorting,...

but when option #3 happens, they look for an alternative way of making money. and that would be altcoin market and the pumps in it.

I actually agree with this, as you can see a lot of people who holds altcoin sells altcoin because of the temption that bitcoin brings. Who wouldn't want to have bitcoins when it's pumped really hard. The second option is also true, when bitcoin dumps most likely it affects altcoins too. The best option is the third one, I guess there's no need to explain.

[1714774788]

1714774788

[sylance]

I'm in this for the long haul so if another crash comes (and it will at some point) then I'm going to get more fiat into crypto; with the majority of it into BTC.  I think it's rather funny that BTC was around $500 a year ago and if BTC was to fall to $2000 today we'd consider it a crash and panic.

[styca]

I expected bitcoin to fall once segwit got locked-in, but that hasn't really happened. Maybe it will fall once sw gets activated.
Either way, I'm expecting a big dip in advance of the potential November fork.

[meliodas]

I'm in this for the long haul so if another crash comes (and it will at some point) then I'm going to get more fiat into crypto; with the majority of it into BTC.  I think it's rather funny that BTC was around $500 a year ago and if BTC was to fall to $2000 today we'd consider it a crash and panic.

I totally agree, I kept thinking why people would panic if bitcoin goes down even by $1000, when it was $500 just a year ago. Ofcourse, bitcoin and alts would crash at some point, you should panic if you're the type of investor who's just into short-term investment. But, if you're into long-term investment there's no need to panic even if it crushes because it will surely go up and again and maybe higher than the amount now.

[tobs]

By the looks of things with bitcoin sky rocketing, this looks familiar!! Another crash is imenent, taking the alt-coins down with it hard!!  Anybody seeing the same pattern here we seen in June of this year!!?

I also have the same feeling, just like you have, the prices of the bitcoin and other alt coins has pumped a lot recently, so it is time to have some rest and wash out some short time investors.

Yeah, but it's getting pumped and pumped even harder everyday creating a new all time high. It looks like a very enduring balloon that just doesn't want to explode despite you blowing it harder and harder, but then when it does, the boom going to be probably great. However I don't see it dropping below $2000, I mean it would definitely kill all the altcoins with it, so it's maybe better that this won't happen. But the possibility of going all in with your fiat money on this discounted price and then look at the bitcoin topping new thousands...

[sixexgames]

I would really like alts to pump for a while before any BTC correction. They're just starting to recover from the last crash.

[acener]

By the looks of things with bitcoin sky rocketing, this looks familiar!! Another crash is imenent, taking the alt-coins down with it hard!!  Anybody seeing the same pattern here we seen in June of this year!!?

I think it happens all the time, bitcoin and altcoin price going down drastically. The funny thing is a lot of people panics a lot when it crashes. Bitcoin started at less than a dollar, it even costs $500 before, why bother if it goes down to $2000 or $1500, it will just increase, time is only needed.

[QlooQl]

I'm afraid of the crash.

[Beparanf]

By the looks of things with bitcoin sky rocketing, this looks familiar!! Another crash is imenent, taking the alt-coins down with it hard!!  Anybody seeing the same pattern here we seen in June of this year!!?

I think it happens all the time, bitcoin and altcoin price going down drastically. The funny thing is a lot of people panics a lot when it crashes. Bitcoin started at less than a dollar, it even costs $500 before, why bother if it goes down to $2000 or $1500, it will just increase, time is only needed.

When we panic we lose the chances we can multiply our savings when time comes. We just need to be patience some alts that were in demand now were not even noticed before. Like btc they can pump depending on the purpose of that token.

[SvenBomvolen]

I always thought that alt coins are always raising after bitcoin, but it looks like I was wrong. Almost all alts are in red on all exchangers. I don't know why it is exactly so, but suppose that people decided to say no to altcoins, the bigger mass of which are just shitcoins, and move on bitcoin which get double it's price in shorter period than a month.

[Clavulanic]

ah yea its just going to be what I call "The New Low"
but it will bounce up only to come back to another new low
all the time gaining value.

We all should have to calm down, price is like a bouncy ride and you should always be prepared of that. Price will gain and regain it's value when it hits the good demand and eventually lose when dumps will happen most of the time. Everyday fluctuations happen and you should stay focus on your goals and don't panic, trust what you aim for and never lose hope.

[Rune]

It does not look like a crash just yet we are up over 1000$ in just 2 weeks of course it is gonna be bouncy we are skyrocketing so hard.

[Dikobit]

i expect a healthy -500$ at least, too much too soon in the past days

[NavySeals]

I always thought that alt coins are always raising after bitcoin, but it looks like I was wrong. Almost all alts are in red on all exchangers. I don't know why it is exactly so, but suppose that people decided to say no to altcoins, the bigger mass of which are just shitcoins, and move on bitcoin which get double it's price in shorter period than a month.

All investors are trying to catch up with bitcoin with the aim of getting $5,000 right now. This is causing crash in all altcoins as usual.

[aoluain]

I always thought that alt coins are always raising after bitcoin, but it looks like I was wrong. Almost all alts are in red on all exchangers. I don't know why it is exactly so, but suppose that people decided to say no to altcoins, the bigger mass of which are just shitcoins, and move on bitcoin which get double it's price in shorter period than a month.

All investors are trying to catch up with bitcoin with the aim of getting $5,000 right now. This is causing crash in all altcoins as usual.

This is a consideration for sure, there are some Alts that are pretty secure at the moment though,
Ethereum, Litecoin, Dash, Monero. While there are fluctuations they still seem to be keeping pace
with Bitcoin. Then there are other Alt's that are for sure suffering the current interest in Bitcoin.

[Ruggito]

Yep, I agree. I was surprised during one of the last crashes how good was ethereum to maintain the value. I didn't expect that, probably that was the moment in which something "shifted"

[theheolyn]

- bitcoin stays stable > altcoins get pumped

you should hope for the third option to happen.

@AnonyMint thinks perhaps BTC will fall back down from $5000+ to $4000 as the altcoins rise again (before some final catastrophy later).

I don't see any crash coming. There is no potential bad news on the horizon.

Incorrect.

I took some profit and bought cheap silver. That way if there is a crash I hedged myself.

A hedge is something that goes up in price when the other goes down. Silver is not a hedge that can counter balance a decline in crypto.

[Boxxl]

I think a little crash.. but that doesnt harm 

[Bitforking]

crash comes and goes, or we will have no fun

im confused

[Pab]

Depends what alts,good alts are keeping price to dollar,very good alts are rising to btc and dollar.That btc pump you finally correct lets see what style.Look alts price to dollar not to btc