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Author Topic: What will happen to alts if Bitcoin crashes back to $5000?  (Read 1829 times)
msg768 (OP)
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September 05, 2019, 02:21:11 AM
 #1

I don't think many alts would recover against Bitcoin if this happens and so they will crash even more. Some solid alts with good liquidity like Litecoin may recover but most won't recover in my opinion. Thoughts? Undecided

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September 05, 2019, 05:05:04 AM
Last edit: September 05, 2019, 05:18:25 AM by Jaycee99
 #2

I don't think many alts would recover against Bitcoin if this happens and so they will crash even more. Some solid alts with good liquidity like Litecoin may recover but most won't recover in my opinion. Thoughts? Undecided

Here is are things that I would like to share and for you to think about it and to get some ideas.

1. I agree some wont some may not. Altcoins sometimes do depend on bitcoin sometimes it does not depend on bitcoin, that is what I had seen and experienced.   

Why did I  say/ write sometimes? because bitcoin is the mother but in reality sometimes the rate of altcoins depend on the investors.

Question here, why do you think litecoin would not recover. please do share

2. Here is my perspective about litecoin (as others as well) which our thoughts /perspective is kind a same but for me every altcoin or the bitcoin itself have/ had its time which is a long term situation now LTC may go down but late it could not and could crash like you said.

3. Anything is possible because cryptocurrency is worldwide and we dont know how much people would sell and but

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September 05, 2019, 05:57:27 AM
 #3

I have wondered about the Bitcoin crash situation but I think of it in even more disastrous conditions. You say $5000 and that is only 50% drop from today. I think more in terms of real disaster. Like below $1000 price, even worse than 2016.

IF that happens. Kiss goodbye to 99% of alts,,, I think.

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September 05, 2019, 06:04:07 AM
 #4

I don't think many alts would recover against Bitcoin if this happens and so they will crash even more. Some solid alts with good liquidity like Litecoin may recover but most won't recover in my opinion. Thoughts? Undecided
For Altcoins it is better for bitcoin to keep increasing in pricing because if bitcoin fall to $5000 some of them will be deleted from the market as there will be valueless! The only way some of them can survive now is to make bitcoin to get to $20,000 or $40,000. Some of this altcoins has the best technology but it is very hard for any of them to survive on there own as bitcoin’s dominant keeps increasing daily.
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September 05, 2019, 06:06:27 AM
 #5

I don't think so. I am sure that the altcoin will recover someday, but yes, they should follow with bitcoin price moves. There are so many good altcoins in the market, and we still don't know which altcoin that can recover. Bitcoin itself is trying to recover the price to the higher price so the chance for the altcoin to recover will be wide open. All we need to do is patient and wait for a while until the situation is change. We will go to see the recover of the altcoin will be happening soon.

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September 05, 2019, 06:52:33 AM
 #6

I don't think many alts would recover against Bitcoin if this happens and so they will crash even more. Some solid alts with good liquidity like Litecoin may recover but most won't recover in my opinion. Thoughts? Undecided

Only major altcoin (top 15 CMC) will survive and another altcoin will be dumped sharply in the market.
Remember this scheme:

If BTC Pumping, Altcoin Will stay
If BTC Dumped, Altcoin will dump
If BTC Stable, Altcoin will pump


Q: When ALT SEASON?
A : IN YOUR DREAM
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September 05, 2019, 07:48:40 AM
 #7

for altcoin which can't deliver a good product and they will be dumped to the bottom. this time the situation is much more different than before when bitcoin gets the bullish trend and it has been giving more pressure to the altcoin and otherwise.
When bitcoin crashes to the 5k rate and it may possible to see some altcoin still stable on its rate but it has been loosing a lot of rate in bitcoin term or there will be altcoin that will be getting a big lost in the bitcoin term or even dumped to the zero value.

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September 05, 2019, 09:16:54 AM
 #8

I don't think many alts would recover against Bitcoin if this happens and so they will crash even more. Some solid alts with good liquidity like Litecoin may recover but most won't recover in my opinion. Thoughts? Undecided

if bitcoin price down and back to $5000
the price of alts in usd terms will down too,, because alts price in usd terms is depends on bitcoin price right ?
but maybe in btc terms few alts with solid and smart team will grow,, and a lot of shitcoins will die  Wink

.
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September 05, 2019, 10:42:56 AM
 #9

I don't think many alts would recover against Bitcoin if this happens and so they will crash even more.
Yes, they will crash and many of them will definitely going to have the hardest time again just like what most are experiencing today. Note that bitcoin is $10k+ but many of them can't even stand against the bullish sentiment of bitcoin.

Some solid alts with good liquidity like Litecoin may recover but most won't recover in my opinion. Thoughts? Undecided
They can recover but it's going to be slow and its fluctuation won't be the same as bitcoin. But I think many have set their timers and price tickers to start panic buying whenever bitcoin goes $5k and its a signal for some other cheap alts.

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September 05, 2019, 11:25:41 AM
 #10

I don't think so. I am sure that the altcoin will recover someday, but yes, they should follow with bitcoin price moves. There are so many good altcoins in the market, and we still don't know which altcoin that can recover. Bitcoin itself is trying to recover the price to the higher price so the chance for the altcoin to recover will be wide open. All we need to do is patient and wait for a while until the situation is change. We will go to see the recover of the altcoin will be happening soon.
Altcoins will have a good recovery if Bitcoin can stabilize for a long time because currently Bitcoin has a great overwhelming dominance and is dominating this market alone, so I think it will be difficult for altcoin to recover. You may consider altcoin as a good option to invest but there will be a lot of risk for yourself because the current market has a lot of big fluctuations. I personally only hold Bitcoin and Fiat because this market condition does not allow me to invest in risk

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September 05, 2019, 12:03:18 PM
 #11

I don't think many alts would recover against Bitcoin if this happens and so they will crash even more. Some solid alts with good liquidity like Litecoin may recover but most won't recover in my opinion. Thoughts? Undecided
All these alts that your pointing stays strong when bitcoin falls to $3,000 level and now your telling us that they may not recover if Bitcoin falls to $5,000?is that a joke mate?
I respect your opinion but you should consider checking the market history first before advertising Litecoin here.and also don’t jump into conclusions when the price of bitcoin is not falling from 5 digits for atleast a month or more









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hotforblockchain
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September 05, 2019, 12:47:40 PM
 #12

If this happens, it will be total destruction for alts, they will go to the all time lows and even lower. BTC then easily have 90% + dominance.
But I do not think that 5000 is likely because of the whole world financial situation. I think there is enough demand to support 7-8k lowest levels.

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September 05, 2019, 01:03:57 PM
 #13

I don't think many alts would recover against Bitcoin if this happens and so they will crash even more. Some solid alts with good liquidity like Litecoin may recover but most won't recover in my opinion. Thoughts? Undecided

There would be for sure some good buying opportunities. But they would be only for a short period of time. Each coin have its own bottom not related to any other coin.
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September 05, 2019, 01:25:41 PM
 #14

Litecoin will recover even if bitcoin is crash and so do with the other strong altcoin.
But I admitted that it might be difficult for the altcoin to try to recover the price.
Maybe it could happen in slowly, and it will need a long time to be back to the price before.
I believe that the altcoin will still exist even if bitcoin crash in the deep price and maybe there will be a time to reset the altcoin position so the market will be growth again.
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September 05, 2019, 01:31:29 PM
 #15

Altcoins will probably remain dead. The altcoin markets always need new blood and newbies only come when the Bitcoin market surpasses its all-time-high-price. The last altcoin season came after breaking $1,150 (the previous ATH).

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September 05, 2019, 01:44:04 PM
 #16

So you think bitcoin will crash down back again to 5000$ well  i assure you that bitcoin will never go on that price again. And for the alts ,only the strongest will remain,  all altcoins that are only pump and dump, no working product, will be eliminated.

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September 05, 2019, 03:37:48 PM
 #17

I don't think many alts would recover against Bitcoin if this happens and so they will crash even more. Some solid alts with good liquidity like Litecoin may recover but most won't recover in my opinion. Thoughts? Undecided
In crypto platform Bitcoin is the father of cryptocurrency, so peoples are like the Bitcoin investment. Other altcoins are doing great job but most of the people concentrate the top coin so Bitcoin and few altcoins are maintain the constant value. But innovative projects are always welcome in this platform. So Bitcoin is moving backward automatically many altcoins moving backward and some altcoins are maintain the constant level on crypto market.

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September 05, 2019, 04:26:28 PM
 #18

If Bitcoin crashes back to $5000, the altcoins will crash back too even more and many altcoins will become worthless. It is proved that most altcoins markets are depending on the BTC market and price, and any increasing or decreasing of BTC price is affecting altcoins prices as well.
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September 06, 2019, 09:32:06 AM
 #19

So you think bitcoin will crash down back again to 5000$ well  i assure you that bitcoin will never go on that price again.
I'm bullish but I'm balancing things and there's still a chance but that would be the slightest that I can imagine. Just for the sake of being ready for the unexpected things, everything is possible for the price of bitcoin as it remains volatile.

And for the alts ,only the strongest will remain,  all altcoins that are only pump and dump, no working product, will be eliminated.
Sure those reliable and strong alts will remain. Those altcoins and tokens that doesn't work what they have proposed will soon to be dumped by most of their investors and can't eventually go up and will have a zero volume.

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September 06, 2019, 02:15:58 PM
 #20

I don't think many alts would recover against Bitcoin if this happens and so they will crash even more. Some solid alts with good liquidity like Litecoin may recover but most won't recover in my opinion. Thoughts? Undecided
Solid projects like litecoin will recover I think.

What is a solid project?   a solid project is that project brings something new on crypto table. Something that will be used 10 years from now and Bitcoin cant do it on their own.  I am sorry to tell you that Litecoin is excluded in category of solid projects.   But I am not saying it will die or anything like that. It will just never be used much. There will be millions such not used coins and each of them will have some price, that will not be that high. But they will still exist.
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