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Author Topic: if btc drops...  (Read 1450 times)
xenomorphe1
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August 09, 2019, 02:46:35 PM
 #81

It seems like some kind of black PR. A million BTC are great opportunities for market management. It is impossible to sell part of this even for taxes, as market liquidity does not allow this. To sell at maximum profit, he will have to create a long downtrend. But he will not be able to kill the whole market and all altcoins.
Do you really think that people have $10'000'000'000 to buy his 1 million Bitcoin if Bitcoin is at $10000? Do you think Jeff Bezos will do it? It can only fall a lot. Maybe to $100 and maybe there will be a permanent wall of Bitcoin after that. And who is gonna mine Bitcoin after if it crash to less than $1000? But yes, he can also try to sell little by little without making the market dump. But in this article, he wants to take revenge. It is going to be interesting to see if he is the real Satochi. But it can also just be a bluff to make Bitcoin fall lower. It is like playing at a casino. 50 percent chance to win.
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August 09, 2019, 03:28:19 PM
 #82

I don’t think so. Suppose he has the opportunity to sell everything on average for 2-3K$. Will he drop the price to $100 for some principles? Hardly. In any case, if it is not a bluff, it will be interesting and sickly for many.

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August 09, 2019, 11:58:42 PM
 #83

Some people do trading Btc and alt. the other half is Btc with $, or alt with $. so BTc is also used as a benchmark price. when BTC weakens, change your alt with BTC, to get more BTC. therefore, alt prices will also go down because some people turn to BTC

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August 10, 2019, 04:59:00 AM
 #84

if btc drops to 7-8k range what happens to alts?

They will also drop, this has been the scene ever since the start of the cryptocurrency market, no coins move up on its own they always follow the market leader which is Bitcoin, there's an occasion where one coin is showing resistance to the market by having its own bull run, even when the market is down, one example is Binance coin.

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August 10, 2019, 07:02:39 AM
 #85

if the price of bitcoin drops into that range, I think the price of altcoin will also decrease. That is a common thing, because the price of altcoin is also sometimes measured based on the price of bitcoin, and also follows the development trend of bitcoin prices. so it's quite natural when bitcoin prices go down, then altcoin also goes down. however, altcoin which has a pretty good development will certainly survive, or even the price will rise.
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August 10, 2019, 02:31:08 PM
 #86

if the price of bitcoin drops into that range, I think the price of altcoin will also decrease. That is a common thing, because the price of altcoin is also sometimes measured based on the price of bitcoin, and also follows the development trend of bitcoin prices. so it's quite natural when bitcoin prices go down, then altcoin also goes down. however, altcoin which has a pretty good development will certainly survive, or even the price will rise.
The bridge between altcoin and bitcoin is always too tight, so as soon as bitcoin goes down, it is also the time when altcoin comes down, only a few altcoin are pumped by whales that will be able to counter this trend, but most of the time people probably don't like bitcoin with a decline, it just needs a slight adjustment and maintains a low level of oscillation, that is the best condition for altcoin to recover. The sharp decline or increase in price of bitcoin is always the enemy of altcoin, altcoin and investors are very scared before these fluctuations

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August 10, 2019, 04:42:24 PM
 #87

Bitcoin has dominated the whole of crypto but it's much stronger compared with bitcoin in 2017. this time it looks like the altcoin still not get any hype even when the bitcoin price has been growing at the top price again.
Altcoin needs something more than FOMO but that needs a lot of development result to change the trend and altcoin will follow bitcoin movements anytime.

 
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August 10, 2019, 10:32:37 PM
 #88

Bitcoin has dominated the whole of crypto but it's much stronger compared with bitcoin in 2017. this time it looks like the altcoin still not get any hype even when the bitcoin price has been growing at the top price again.
Altcoin needs something more than FOMO but that needs a lot of development result to change the trend and altcoin will follow bitcoin movements anytime.
true bitcoin is dominant in all cryptocurrency but you have to know that the price of bitcoin still has the potential to fall, so the price of bitcoin can go down at any time because of the movement of bitcoin prices depends on demand in the exchange so you must remain vigilant when trading on bitcoin.

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August 11, 2019, 01:37:12 AM
 #89

Bitcoin has dominated the whole of crypto but it's much stronger compared with bitcoin in 2017. this time it looks like the altcoin still not get any hype even when the bitcoin price has been growing at the top price again.
Altcoin needs something more than FOMO but that needs a lot of development result to change the trend and altcoin will follow bitcoin movements anytime.
Only Bitcoin is growing steadily during this time period and the demand for Bitcoin is increasing, making all altcoin unable to recover well during this period. I think the market this year will be very bad and any investment will be very risky if you are not careful. Personally, I still want the market to be able to return for altcoin soon but this year we will be very hard to see.






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August 11, 2019, 02:33:23 AM
 #90

Only Bitcoin is growing steadily during this time period
you mean during this day or week ? yes btc is only the one that has a noticeable recovery and growth but if we talk about the past and present , alts/toks did also or will also recover and increase  .

and the demand for Bitcoin is increasing, making all altcoin unable to recover well during this period.
i dont think the demand is increasing because if it is , then btc should have already surpass his previous ath  . what actually happen is existing investors only re invest . the same people are still buying btc  . but the increase in the price of btc dont mean to stop the recovery of alts but infact alts should also follow it on the first place but it didnt happen unfortunately .

I think the market this year will be very bad and any investment will be very risky if you are not careful.
no mate . the market this year is already improving compare on the 2018 hibernation . and yes any investment is always risky
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August 11, 2019, 03:26:44 AM
 #91

Bitcoin has dominated the whole of crypto but it's much stronger compared with bitcoin in 2017. this time it looks like the altcoin still not get any hype even when the bitcoin price has been growing at the top price again.
Altcoin needs something more than FOMO but that needs a lot of development result to change the trend and altcoin will follow bitcoin movements anytime.
Only Bitcoin is growing steadily during this time period and the demand for Bitcoin is increasing, making all altcoin unable to recover well during this period. I think the market this year will be very bad and any investment will be very risky if you are not careful. Personally, I still want the market to be able to return for altcoin soon but this year we will be very hard to see.

Bitcoin growing slowly in this year than the last year, that is a good sign for us to buy more bitcoin because, in this year or the next year, bitcoin price can be at the highest price. If we compare with the last year, the market has grown very good, at least we can make a profit again than the last year, and I am sure that soon, we will be able to make a big profit like before. But we still need to be patient for a while until the bear market is leaving the market, so every price of the altcoin can increase higher.

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August 11, 2019, 04:42:32 AM
 #92

if btc drops to 7-8k range what happens to alts?
Possibility that can happen to alts, maybe bitcoin price drops, people start to buy BTC, and then they convert bitcoin to alts. Altcoin demand increased, but still same, it is in BTC. But in USD might be almost same because BTC price dropped. That is what i see in past. But for now maybe other thing can happen like, bitcoin price drops, people sell their alts to bitcoin and then sell bitcoin to fiat, make it worse.  Grin

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August 11, 2019, 05:51:19 AM
 #93

if btc drops to 7-8k range what happens to alts?
Possibility that can happen to alts, maybe bitcoin price drops, people start to buy BTC, and then they convert bitcoin to alts. Altcoin demand increased, but still same, it is in BTC. But in USD might be almost same because BTC price dropped. That is what i see in past. But for now maybe other thing can happen like, bitcoin price drops, people sell their alts to bitcoin and then sell bitcoin to fiat, make it worse.  Grin
Another dumped cycles can happen but sooner or later it will bounced back, investors should realized things while crypto still young and the market adoptions is not that huge, the price might fall over  and over brining more weak holders to sell out and domino reaction will take place, make sure to pick the right side and not to lose your invested money with certain mistake that you'll going to side your position.

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August 11, 2019, 12:50:00 PM
 #94

I am one hundred percent sure if Bitcoin will fall, altcoins will also fall. Now altcoins do not look good and if they fall even more it will be very bad for people who believe in altcoins.
What is left for altcoins to drop again, the reason why I usually argue with people that if bitcoin drops, altcoins will not drop again because now that bitcoin is dominating the market, most altcoins are bleeding so bad that if your see their value, you could even confuse it for zero, so if they are almost zero, and they are not increasing, where will bitcoin see the value to drop again when it is dropping.

I think most altcoins that we have now aside the top 100 altcoins are almost zero now and the only thing they are waiting for is for them to start their bull run, which their bull run usually affect bitcoin took a little since many investors tend to sell part of their bitcoin to put into the altcoins market. I think it is always vice versa, altcoins moons, bitcoin drops while bitcoin moons altcoins drops.

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August 11, 2019, 01:31:07 PM
 #95

if btc drops to 7-8k range what happens to alts?

Just picture in your mind the flooding in the noah's ark story but replace the water with blood. That's what is going to happen and the holders of altcoin are the people in the ark experiencing the big flood of blood. I think some would say that alts will probably do a flippening but it is very rare to happen on that occasion because the bear sentiment is going to rule everyone's mind on that moment and they will not BTFD.
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August 11, 2019, 02:36:17 PM
 #96

if it happens like that altcoin is really broken, I'm sure many people will hold fiat rather than crypto waiting for prices to stabilize. but I don't think bitcoin will ever fall to 7-9k again

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August 11, 2019, 06:57:25 PM
 #97

if btc drops to 7-8k range what happens to alts?
Possibility that can happen to alts, maybe bitcoin price drops, people start to buy BTC, and then they convert bitcoin to alts. Altcoin demand increased, but still same, it is in BTC. But in USD might be almost same because BTC price dropped. That is what i see in past. But for now maybe other thing can happen like, bitcoin price drops, people sell their alts to bitcoin and then sell bitcoin to fiat, make it worse.  Grin
Another dumped cycles can happen but sooner or later it will bounced back, investors should realized things while crypto still young and the market adoptions is not that huge, the price might fall over  and over brining more weak holders to sell out and domino reaction will take place, make sure to pick the right side and not to lose your invested money with certain mistake that you'll going to side your position.
If we know the circle of crypto price, maybe when domino reaction happen, it wouldn't be problem for us because we know where price will go. No one can actually predict what will happen and what we can do only prepare if worst case happenned.

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August 11, 2019, 08:43:26 PM
 #98

if it happens like that then altcoin will make all time low. bitcoin is the king of crypto so altcoin also follows the movements of bitcoin. bitcoin up altcoin cras, bitcoin down altcoin crash. altsesoan is when bitcoin prices are stable

You do not have to be a fortune-teller to say that if BTC falls, altcoins will lose. Their prices will go down as they always follow their father. The world is looking at BTC, and if something is wrong to the king, its surrounding is affected negatively. Nevertheless, not all coins depend on Bitcoin. BNB price depends on other reasons and on the exchange activity also.
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August 11, 2019, 09:07:45 PM
 #99

if it happens like that then altcoin will make all time low. bitcoin is the king of crypto so altcoin also follows the movements of bitcoin. bitcoin up altcoin cras, bitcoin down altcoin crash. altsesoan is when bitcoin prices are stable

You do not have to be a fortune-teller to say that if BTC falls, altcoins will lose. Their prices will go down as they always follow their father. The world is looking at BTC, and if something is wrong to the king, its surrounding is affected negatively. Nevertheless, not all coins depend on Bitcoin. BNB price depends on other reasons and on the exchange activity also.
I don't think this time it will work like this. Because people did exchange their altcoins for Bitcoin which has near 70 percent of dominance. The dominance is going to return back to where it was. 50 percent or 35 percent when Bitcoin was worth near $3000. Bitcoin has been pumped to his max price for me. But maybe in term of USD, altcoins won't get much more value, but in term of satochi they will.
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August 11, 2019, 11:26:16 PM
 #100

If btc drops it's our good opportunity to purchase at cheaper value. Missing it was a big regret and I believed the chance shouldn't be taken for granted. The price fluctuates in an unpredicatable manner so don't be bother on this, because once it pumped very high we will be given surprising benefits on our financial aspects.
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