if btc drops...

[soljal543]

I don't really care if btc drops because I don't have bitcoin and I am not planning to buy

[restuibu]

of course altcoin will also experience a price decline too, even now when bitcoin reaches the price of 11k but the price of altcoin is still very low

[john_nautica]

if btc drops I think the market in cryptocurrency will decline. including the price of altcoin because now most of the prices of altcoin affect the price of bitcoin. like in 2018 then bitcoin has decreased dramatically and altcoin is the same.

[Hypnosis00]

if btc drops I think the market in cryptocurrency will decline. including the price of altcoin because now most of the prices of altcoin affect the price of bitcoin. like in 2018 then bitcoin has decreased dramatically and altcoin is the same.

Watching the current situation of cryptocurrencies, including Bitcoin, it is difficult to predict further developments, but I think that by the end of 2019 we will see big impetus for the growth of Bitcoin.

Have its worthy to believe and nothing looks to be impossible.
If that change could help the market move higher, well it is great and people couldn't complain anymore but if it only makes prices to drop hard...will never know how people could appreciate it or puts regrets on it. Price is very important today and that's what looks for.

[Vladok]

I think now everything is going to ensure that bitcoin will break through new peaks,as this can be seen from its behavior

[sammy21]

I think now everything is going to ensure that bitcoin will break through new peaks,as this can be seen from its behavior

Why did it happen? now see that BTC has also declined again. This situation is repeated over and over again, making the market situation not so good for investment and better for trading. because the market moves quickly.

[timmmers]

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

You can be sure that altcoins will dump more.
Currently the worst time for altcoins because price in BTC is lowest in the last 3 years and there is no sign of recovery. 

[xenomorphe1]

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

You can be sure that altcoins will dump more.
Currently the worst time for altcoins because price in BTC is lowest in the last 3 years and there is no sign of recovery. 

Look at what is happening now for altcoins vs Bitcoin. I was right that altcoins holders have pumped bitcoin to its maximum price. 70 percent dominance was its maximum. Now a big correction is happening. I don't know if the price of altcoins vs usdt is going to stay the same or increase. But altcoins are surely going to increase in value against BTC.

[South Park]

You can be sure that altcoins will dump more.
Currently the worst time for altcoins because price in BTC is lowest in the last 3 years and there is no sign of recovery.  

Look at what is happening now for altcoins vs Bitcoin. I was right that altcoins holders have pumped bitcoin to its maximum price. 70 percent dominance was its maximum. Now a big correction is happening. I don't know if the price of altcoins vs usdt is going to stay the same or increase. But altcoins are surely going to increase in value against BTC.

I doubt it, most altcoins are not showing any form of independence against bitcoin, when bitcoin goes up alts follow but are unable to outperform bitcoin and when bitcoin goes down most alts go down even faster, and while this is puzzling to some it is completely natural if you think about it, most investors have lost money with alts and icos so when bitcoin went up in price people began to sell altcoins to buy bitcoin because of the FOMO, however if you are thinking long term this can be the perfect opportunity to buy some alts like ETH at a very affordable price.

[Gregor73]

Risks are and will always be, it can not be avoided. I believe that it is safe to invest in BTC now. Personally, I hold 70% of my assets in bitcoin.

[lixer]

if btc drops I think the market in cryptocurrency will decline. including the price of altcoin because now most of the prices of altcoin affect the price of bitcoin. like in 2018 then bitcoin has decreased dramatically and altcoin is the same.

Watching the current situation of cryptocurrencies, including Bitcoin, it is difficult to predict further developments, but I think that by the end of 2019 we will see big impetus for the growth of Bitcoin.

As we know that what usually create increase for the value of bitcoin is demand, and I trust that bitcoin will continue to get demand for the rest of the year, but that demand that will cause a major surge is what I am also hoping that there will be a factor that will push such factor into the media.

Most surge we see are almost with the help of FOMO also no matter how little the FOMO is, and we will always need a major fundamentals for FOMO to join such purchase to push the value to a bigger amount, so I hope that we will get news like popular people, companies that we know are adopting crypto, so that bitcoin and altcoins can really continue with its uptrend because it is also possible that there is a static growth if there is no much demand for the crypto.

[darewaller]

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

They followed unintendedly because of the demand and supply, they may pump or dump even the price of bitcoin will touched down ro 3k again. Hence, I won't deny the fact that whenever bitcoin is at dip, most of the altcoins are also in reds. And the moment bitcoin rises, majority of the coins are also at green market.  Not all the scenario is always like that. Even btc rises, some altcoins are hard to recover and increase.

It would really be hard for the price of bitcoin to ever touch down to $3k again irrespective of whatever bad condition the market may be, you take a look at it deeply, what exactly do you think will cause bitcoin to decline that much again, is it that people would panic sell their investment for no reason, because the only reason that I feel bitcoin could even decline rapidly is when the All-time high is attained and market tending to move towards bear, people would want to be taking their investment out for profit.

I only believe that for now, we will be having corrections pending when bitcoin has more bulls that will invest heavily to create demand that will force it into bull run and no matter the correction, the highest low we can see is $6500.

[btc78]

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

Don’t you find if great if alts go down with Bitcoin?dont you see this as opportunity to buy more?in this bull market lowering price is a chance not a disgrace or something that we need to be bother.

Actually to be honest?(without others hating me)but I want or i am looking for another bearish market because I felt like what I bought before wasn’t enough to be consider as investing.and if given a chance this year my 2 months salary will surely fall for 3 sets of altcoins

[South Park]

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

Don’t you find if great if alts go down with Bitcoin?dont you see this as opportunity to buy more?in this bull market lowering price is a chance not a disgrace or something that we need to be bother.

Actually to be honest?(without others hating me)but I want or i am looking for another bearish market because I felt like what I bought before wasn’t enough to be consider as investing.and if given a chance this year my 2 months salary will surely fall for 3 sets of altcoins

While some may not like what you want if you take that time to read some of the posts of the eldest members at the forum you will realize they are surprised as well that bitcoin recovered so quickly and they did not had the opportunity to accumulate as much bitcoin as they wanted, so they are also expecting for a correction to take place so in the future when bitcoin really skyrockets they will be holding even more bitcoin than what they are holding right now.

[mamesso]

You might forget that Bitcoin is the parent of all altcoins, so it's certain if the price of altcoin always follows the price of bitcoin.  And things like that will continue to happen, so you should not be too panicked by the decline in bitcoin prices at 7-8k, because now the price of bitcoin on the market continues to improve.

[Cnut237]

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

Alts drop as well, and likely harder than BTC does. That's the general behaviour we've seen during the long bear market, and will likely happen again if BTC drops.
BTC has proven a lot more resilient than alts over the last couple of years.

[Lampohtapek]

In the world of cryptocurrency, anything can happen, no human can guess and ensure with certainty that the price of BTC will go down or go up, therefore, it makes sense if the price in the market goes up or down because it can bring blessings to us all

[jebul2]

In the world of cryptocurrency, anything can happen, no human can guess and ensure with certainty that the price of BTC will go down or go up, therefore, it makes sense if the price in the market goes up or down because it can bring blessings to us all

I do not think that we would go so deep again, because the party is just about to start. In October-November, crypto prices should explode, because of a bunch of positive news that would happen like Libra and Bakkt launch.

but I see the market is still very low and not stable at all for altcoin, and I see growth is very slow, I hear news that Bakkt will start trading bitcoin in September and this will be able to boost the price of bitcoin for next month and can give rise to altcoin which long time no ride at a good price.

[thesosorr]

what might happen might be the hope that we focus on alts really is not optimal, we hope that something happens, just because there are parties who are trying to improve performance in the future, do not let it happen again with the results that did not exist at all these past few weeks.

[guoyu78]

In the world of cryptocurrency, anything can happen, no human can guess and ensure with certainty that the price of BTC will go down or go up, therefore, it makes sense if the price in the market goes up or down because it can bring blessings to us all

I do not think that we would go so deep again, because the party is just about to start. In October-November, crypto prices should explode, because of a bunch of positive news that would happen like Libra and Bakkt launch.

I think we need much more development than these two news you mentioned and I really don't see how they can affect bitcoin price for now. Facebook is a selfish coin that would never get the chance to be released, so don’t get your hopes on too high on them, government is already working so hard against the said coin, while the bakkt, I only see it having little effect on the market because not much people would be interest in the product they are releasing.

There are some bigger pictures that I am seeing anyway, but I dint think that they will be reflecting until next year, by 2020 is when I see bitcoin really blowing the mind of people with the surge it would experience after the halving of the coin, and coupled with the mass adoption we will get then.