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Author Topic: The BTC crash is good news for Altcoins  (Read 20002 times)
Bagani
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February 01, 2019, 08:48:02 AM
 #161

I agree with that, despite the crypto market crash for almost 2 years now, the technology behind every project keeps on enhancing. Isn't cool? Most of the people in crypto space doesn't care about the technology, they only care about the price and that is not good for the future.

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February 01, 2019, 08:59:06 AM
 #162

I agree with that, despite the crypto market crash for almost 2 years now, the technology behind every project keeps on enhancing. Isn't cool? Most of the people in crypto space doesn't care about the technology, they only care about the price and that is not good for the future.
Their investment is of course with the aim of getting profit. If the price on the tokens they invest low, it will certainly make investors lose. If there is a loss, of course there are many projects that cannot develop, of course. Because if the project that carries out the ICO certainly must think of investors. Indeed technology is needed in every project, but prices are also important in my opinion.
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February 01, 2019, 10:17:08 AM
 #163

Perhaps if the coins go out from under the influence of Bitcoin, then they will be able to depend on their own capitalization and this may well affect them!

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February 01, 2019, 10:46:39 AM
 #164

Truly if the altcoins can shrug off that btc dominance then it will be a good year for the alts especially when the bull run finally kicks in. There are many quality altcoins out there that are doing great without btc influence

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February 01, 2019, 10:57:31 AM
 #165

I agree with that, despite the crypto market crash for almost 2 years now, the technology behind every project keeps on enhancing. Isn't cool? Most of the people in crypto space doesn't care about the technology, they only care about the price and that is not good for the future.
Their investment is of course with the aim of getting profit. If the price on the tokens they invest low, it will certainly make investors lose. If there is a loss, of course there are many projects that cannot develop, of course. Because if the project that carries out the ICO certainly must think of investors. Indeed technology is needed in every project, but prices are also important in my opinion.
And we have some examples about the project that out of funds to develop the platform but sadly most of the platforms in these days are totally non sense. they are aiming to build a platform without considering about the future of the platform. If they build a nonprofit platform and then how they can keep the platform survive?

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February 01, 2019, 08:09:21 PM
 #166

I think that the cryptocurrency market is very dependent on the price of Bitcoin. By this, I think that for altcoins it is important that the price of Bitcoins grow. Bitcoins grow is important for the whole market.
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February 01, 2019, 08:27:37 PM
 #167

I don't think a crash in price of Btc can do altcoin any good because increase in value of altcoin ss a lot to do with Btc in many ways for now,a crash in price of bitcoin will surely lead to a crash in price of many altcoins.
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February 01, 2019, 08:32:43 PM
 #168

I agree with you, but still Bitcoin is gradually losing influence over altcoins and I think that after some time it really will cease to have an impact on altcoins, but this will not happen soon.

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February 01, 2019, 09:08:48 PM
 #169

How innocent because there is still no project capable of getting attention without the appreciation of the BTC! Incidentally.
I'm wrong because maybe XRP and DOGE are the only ones apparently,
maybe LTC too or even ETH! The others need to evolve in many ways!
It is possible that GRIN, FIL and XTZ can follow this path of independence in which it is currently a great challenge.
I did not want to mention the tickers of any project, but I had to be emphatic in what I was writing.
Either way, I mean that if the BTC breaks, it will take months or years for the surviving altcoins to get value.
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February 01, 2019, 09:19:29 PM
 #170

Yes, lately, the Altcoins are trying to break away from the influence of Bitcoin. At Ethereum and Ripple it seems even begins to turn out. But let's face it. If bitcoin falls, altcoins too. Similarly, up.
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February 01, 2019, 09:29:03 PM
 #171

 Cheesy The fall of Bitcoin will kill the entire cryptocurrency. Look bitcoin worth the whole cryptocurrency worth. Bitcoin is growing the whole cryptocurrency is growing. The answer is simple: a bitcoin drop will kill the market.
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February 01, 2019, 09:30:02 PM
 #172

I don't see why a crash in the price of bitcoin will help the the value of altcoins, in fact,a fall in price of bitcoin to me will badly affect the price of altcoins.

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Favouredhart
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February 01, 2019, 10:02:30 PM
 #173

From my little understanding and findings, the crash of BTC is never a good news to Altcoins, i noticed that once btc is crashing, the market as a whole follow suit. So the fall  in price of btc doesn't mean good news for altcoins.
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February 01, 2019, 10:06:14 PM
 #174

We saw the market status now that if bitcoin crash the altcoins follows. I think there is no positive effect to altcoins regarding bitcoin crash. Both coins has a connection to each other base on demand and supply. Bitcoin has a strong power that can pull alsi altcoins value. Bitcoin is a powerful digital currency that's why altcoins has a connection with it everytime it change it's value.

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February 01, 2019, 10:39:24 PM
 #175

I doubt if BTC crash will ever be goodnews for altcoins because their value depends on satoshi value a great deal. When I joined crypto three years back, I had that notion that when BTC drops, altcoins rise but from experience, that's not the case.

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February 01, 2019, 10:42:05 PM
Last edit: February 03, 2019, 10:50:41 PM by smithelemuo
 #176

I'm not sure if the dip is exactly bad for altcoins because Bitcoin affects altcoins all the the time. I can only say that this is a good time to buy because all coins are relatively soo cheap right now
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February 01, 2019, 10:51:26 PM
 #177

even though bitcoin has a big influence on the market but each project has the ability to determine the future of its own coins, even though bitcoin is falling, there are still plenty of opportunities for good projects to have good coin prices, the point though is very difficult, fighting bitcoin is possible

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February 02, 2019, 10:57:24 AM
 #178

It is not good for ALtcoins because Bitcoin has direct impact on the price of the ALtcoins, when BTC crashed last year losing like 83% of its value some ALtcoins lost more than 99% of their value, the price crashed of the 2018 is only good for investors entering the space a fresh because instead of buying at premium in January is now buying the dip at $3k.

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February 02, 2019, 10:58:41 AM
 #179

Nope, it is not a good news for the users who invest bitcoin. The holders might be wanted to dump more than you can expect.
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February 02, 2019, 11:07:52 AM
 #180

How can such news really be able to really increase the demand for your altcoins price changes? I think that today there are real meanings in this regard for you only if altcoins prices have risen higher than BTC
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