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Author Topic: When BTC crashes, which Alt will hold its fiat value?  (Read 959 times)
Joe200
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November 23, 2017, 08:39:51 PM
 #1

When BTC crashes, which Alt will hold its fiat value? Explain your reasoning. Go.
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November 23, 2017, 08:51:19 PM
 #2

Tether - because its pegged to the US Dollar.

BitUSD - same

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November 23, 2017, 09:07:42 PM
 #3

None. The markets are all prices relative to the price of btc. Until there are more fiat options to buy alts, it going to remain that way.
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November 23, 2017, 09:15:56 PM
 #4

its individual
the coins that have its own market hold its fiat
but again... it can fall just because someone want to cash out and buy bitcoin at low price
its more a gambling to try to predict which coin will hold its value
i just stick with the project i like , watching the consequences and selling/buying by what is most profitable for me in that moment

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November 23, 2017, 11:58:34 PM
 #5

Tether - because its pegged to the US Dollar.

BitUSD - same



I'm not liking tether right now https://tether.to/tether-critical-announcement/ . Will look into BitUSD. Haven't heard any news related to it in a long time.
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November 24, 2017, 12:06:12 AM
 #6

most likely such alts will be, but only interest in them probably is not present, it is coins from the category of small capitalization and not causing interest

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November 24, 2017, 12:28:24 AM
 #7

Tether - because its pegged to the US Dollar.

BitUSD - same



Tether is problematic, they hacked and lost 30 million dollar equivalent tether and they made an announcement to the exchange paltforms to stop with transactions with usdt. They now look for the hacker to freeze its funds.

I would go with eth and waves during a btc crysis.
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November 24, 2017, 02:31:19 AM
 #8

Tether - because its pegged to the US Dollar.

BitUSD - same



this now tether big problem and much problem
all exchanger closed use tether, before problem close i think all exchanger still closed deposit use tether


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November 24, 2017, 03:07:26 AM
 #9

A lot of people told you to move your funds to Tether when bitcoin tends to go down, but this is a horrible advice because this token is having a lot of issues at the moment, it is very risky to have your funds in this one because you can lose it all.
They are having a lot of issues because it seems that most of the tethers that are in circulation are from Bitfinex, and they have been stoling some of those coins and now they have a really big issue (i mean, the project)
There is no altcoin that can be the same as the US dollar, it was a nice idea, but it has not been well developed at all.

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November 24, 2017, 03:13:58 AM
 #10

Before, USDT/Tether would be a good choice but due to recent issues with it, many people are now doubtful where to put their coins because when bitcoin make a major move whether bearish or bullish, alts are always affected so maybe your choice would be just to hold your coin or join the ride and short it. Though it would not be advisable for the people who are just learning trading because your account could be burned in a matter of minutes if you will not be able to monitor your trade and not put a stop loss. For the pro-traders, I have seen some who are making more profit in shorting rather than the opposite because when it drops, it drops really hard.
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November 24, 2017, 03:57:50 AM
 #11

The only 2 stable coins that will hold value will be eth and monero. All others will falter when BTC falls aside from these two.

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November 24, 2017, 05:45:19 AM
 #12

Tether - because its pegged to the US Dollar.

BitUSD - same



I'm not liking tether right now https://tether.to/tether-critical-announcement/ . Will look into BitUSD. Haven't heard any news related to it in a long time.
Such a manipulation from the tether developer. Just like they said that about they can generate or minted the new tether everytime as they want.
Tether has so many problem and nevery try to buy it to secure your money.
A lot of people were concerning about that. 
Such a big shame to the developers.

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November 24, 2017, 05:52:52 AM
 #13

Tether - because its pegged to the US Dollar.

BitUSD - same



tether could be a good choice because many coins can be traded with tether. but i have other coins for option, i will hold ethereum, litecoin, monero as these coins is big and old coins that have possibility to increase. maybe other coins have the same possibility like the coins i mention but we need to research first before we buy. but if you only want to hold tether, i think you need to find offline wallet for tether so you can move your tether into other wallet to secure from the attacker.

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November 24, 2017, 08:12:31 AM
 #14

Unless people start cashing out cryptocurrencies into fiat, when bitcoin crashes, the money usually flows into altcoins which it has everytime.  Stick with altcoins in the top 25 of coinmarketcap and things should be fine.  There are some newer and lower ranking altcoins that can also be very profitable.  Make sure the coin you choose is trading on large exchanges like bittrex, poloniex, binance, etc.  I'd stay away from coins that are only trading on yobit. 
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November 24, 2017, 08:36:50 AM
 #15

if/when BTC crashes, I mean really crashes not just a correction, it will take all crypto with it.  The confidence will evaporate and even if people aren't selling, there'll be no buyers.  The best you can hope for is alts that will lose less value, and rise out of the ashes.  You'd probably want some of the alts that offer function and solve problems beyond simple "currency", some of the privacy focused or platforms will be most likely to be good on the other side.
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November 24, 2017, 08:55:55 AM
 #16

If BTC crashes, maybe Bitcoin Cash, Litecoin or Monero will be its substitution
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November 24, 2017, 09:12:59 AM
 #17

None. The markets are all prices relative to the price of btc. Until there are more fiat options to buy alts, it going to remain that way.
I agree with the above. Most of the alts are tied to btc.
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November 24, 2017, 10:14:20 AM
 #18

Some crash hard while some coins manage to stay strong. These are ones which their holders choose not to sell. Tether is the only one also which can be stay same in price

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November 24, 2017, 12:41:11 PM
 #19

when bitcoin will fall, will output in fiat. and only partially enter the altcoyins

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November 24, 2017, 01:11:39 PM
 #20

If bitcoin crash then I think Ethereum will be the only one that will hold its fiat value because during the bitcoin pump eth is very stable and stay around 300$ so even if bitcoin crash, ethereum will just stay at the same price or maybe pump because it's a better project with faster transactions, team, community..etc

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