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Author Topic: What will happen to alts if Bitcoin crashes back to $5000?  (Read 1829 times)
adaseb
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September 09, 2019, 05:24:26 AM
 #61

You can't really predict this. They will either stay the same (their ratio prices), go higher or go lower.

If BTC goes to $5000, then many might flock to alts to hedge against bitcoin going down. Basically what happened in January 2018.

Alts can also go down if too many people start to panic and leave crypto together. Basically BTC is much stronger than most alts so if BTC crashes then alts can crash a little more due to their smaller liquidity and the ratios can be even lower than today, its possible.

Or the ratios can stay the same with respect to bitcoin. Basically it could start a very slow bear market and the ratios will stay constant while the spot prices of alts against fiat will slowly head downwards.
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September 09, 2019, 07:15:57 AM
 #62

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
No, the cycle will continue and I think most alts will continue to recover when the season comes. because the value of many alts has dropped because many investors want to focus on buying and selling bitcoin at this time.
But when bitcoin is stable and no longer showing signs of growth, potential alts will begin to be acquired by investors, who will sell bitcoins to buy more alts. I believe that will happen soon in 2020.

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September 09, 2019, 08:49:34 AM
 #63

You can't really predict this. They will either stay the same (their ratio prices), go higher or go lower.

If BTC goes to $5000, then many might flock to alts to hedge against bitcoin going down. Basically what happened in January 2018.

Alts can also go down if too many people start to panic and leave crypto together. Basically BTC is much stronger than most alts so if BTC crashes then alts can crash a little more due to their smaller liquidity and the ratios can be even lower than today, its possible.

Or the ratios can stay the same with respect to bitcoin. Basically it could start a very slow bear market and the ratios will stay constant while the spot prices of alts against fiat will slowly head downwards.
Such a panicked market and a lot of people are panicking selling because the price of bitcoin goes down, that can actually make the price of altcoin go down but when things stabilize again, the price of altcoin will definitely be better. It is understandable that the dominance of bitcoin puts too much pressure on altcoins, altcoins cannot breathe or raise prices with this weight but when the weight drops, bitcoin is no longer a pump to suck altcoin's capital, altcoins will have a chance to rise sharply again, many situations in the past have followed this trend.

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September 09, 2019, 12:29:54 PM
 #64

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

As we have experienced in the year 2018, that at that time the Bitcoin price dropped by almost 50%. And what happens all the Altcoin price also decreases sharply. If this is the case now, I think the overall price drop of the Altcoin will occur.

Altcoins this year may be different because it is difficult to predict. When the Bitcoin price is pumping high, it does not impact on Altcoin.

When such conditions now, I do not want if Bitcoin returns 5,000%. Because I think that Altcoin still holds very high potential.

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September 09, 2019, 12:52:39 PM
 #65

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 that happens I'm sure the altcoins will crash even more because right now the altcoins are struggling so what more if bitcoin dumps again. Bitcoin must be reach $13,000 so the altcoins will continue to recover, I guess.

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September 09, 2019, 03:47:12 PM
 #66

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?
Your presumption about many altcoins not recovering is correct and  Peter Brandt also confirms it but altcoin having good liquidity won't be the reason for any altcoin to escape been vaporized in the market cause utilize, concept, outstanding features, and working product play a huge role in making altcoin thrive.


I think the price of bitcoin will be much higher over time,crashes back prices will return above $ 5000.we see that in reality bitcoin again there are positive moves just a few altcoins that fall,opportunities like this can be your opportunity to invest in taking profits in the future
An altcoin that falls in price could be an opportunity for investors to invest and make a huge profit but investors must not ignore the consequences cause altcoin market are highly manipulated and before investing into an altcoin that currently falls in price ones must invest in a coin that will surely thrive in the future.






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September 09, 2019, 04:15:40 PM
 #67

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 that happens I'm sure the altcoins will crash even more because right now the altcoins are struggling so what more if bitcoin dumps again. Bitcoin must be reach $13,000 so the altcoins will continue to recover, I guess.

But the problem is it seems, bitcoin is difficult to increase more than $10k, and it needs more time to rise. We don't know when, but it will increase at the right time. But we should thank you to bitcoin because this year, bitcoin price can grow at a higher rate although we need to be patient and wait for more. The altcoin will still up and down and will always follow bitcoin, but I am afraid the altcoin will get another downtime in a short time if bitcoin cannot increase.

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September 09, 2019, 05:16:11 PM
 #68

mid-December 2018 ago the price of Bitcoin returned to $ 4500, from that incident I saw,

the price of Altcoin fell, smart investors hold their coins, and newbies make a cutloss (selling their coins in a panic).


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September 09, 2019, 05:22:31 PM
 #69

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 went that low again it will be a terrible blow against alts, not only most alts lost value against bitcoin during the current growth which made the bitcoin dominance to grow as well, if the price went down most investors will simply move their money to stable coins or to fiat, which means that new icos and ieos will have lots of troubles to find the necessary money to become viable projects, but even established alts will find themselves in trouble as investors simply give up on them and accept their losses and sell their assets in order to protect whatever remains of their seed capital.

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September 09, 2019, 07:42:58 PM
 #70

Jump on too high is not good for the total crypto environment. If Bitcoin hit 50K USD, altcoin should manage a balance but if BTC takes 80% dominance with 50K USD value, then most of the altcoins would die badly and they can't recover it well. Altcoins like top 50 can recover or stay good, otherwise, it would be a very tough situation!

Bitcoin is gonna hit 100K usd
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September 09, 2019, 10:53:11 PM
 #71

maybe there will be no more place for altcoin. only altcoin that has a large marketcap will survive. and maybe this will have an impact on the overall crypto trade. no one will buy again if bitcoin falls below $5k again.
If we could see how altcoins are crying when Bitcoin price at $3k early this year? This will be the same and they still are crying.
Of course, high volume and liquidity coins will survive but those coins that are sleeping already will be totally dead sooner. This is what the market moves right now and I should have to put money to a thing could we could rely on the next ten 10 years or more.

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September 09, 2019, 11:20:44 PM
 #72

The worst season will come back if Bitcoin becomes as you say. We know that many people who currently start investing in a number of coins have the potential. People are increasingly excited to trade on Bitcoin. And everyone is now hoping that with increasing Bitcoin will have a tremendous impact on altcoins.

But hopefully Bitcoin still continues to grow and the Altcoin season hopefully can happen like 2017.

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September 09, 2019, 11:42:29 PM
Last edit: September 10, 2019, 01:18:06 AM by mr_random
 #73

maybe there will be no more place for altcoin. only altcoin that has a large marketcap will survive. and maybe this will have an impact on the overall crypto trade. no one will buy again if bitcoin falls below $5k again.
If we could see how altcoins are crying when Bitcoin price at $3k early this year? This will be the same and they still are crying.
Of course, high volume and liquidity coins will survive but those coins that are sleeping already will be totally dead sooner. This is what the market moves right now and I should have to put money to a thing could we could rely on the next ten 10 years or more.
For long term investing, choosing the high-rank altcoins will be more profitable but the limitations are not trader-friendly. The surviving coins will not see the dip points but the small market cap altcoins can go lower than the all-time low prices. Bitcoin price will not go to the $5000 unless the market demand changes with bad news. The altcoins will follow the any trend with the BTC chart, we need to find the gold average between the price of the Bitcoin and altcoins.
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September 09, 2019, 11:52:43 PM
 #74

maybe there will be no more place for altcoin. only altcoin that has a large marketcap will survive. and maybe this will have an impact on the overall crypto trade.
There will be a remaining place for altcoins but it won't be wide as before, where most of the altcoins that just came in also become popular and has a decent market cap because people believe in each project to be good. Well this is before.

Now, it has changed. Many don't want to take the risk anymore with such projects and altcoins. And while others are learning, there's still plenty of people that don't learn from that experience.

no one will buy again if bitcoin falls below $5k again.
Buy alts or bitcoin? it's a small amount and for sure there will be traders and investors rushing to buy at that bottom.

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September 11, 2019, 10:22:15 PM
 #75

It didn't cross my mind that the price of bitcoin would drop back to $5,000. Because until now bitcoin price movements have begun to stabilize.
And if that really happens, then I can't imagine what will happen to altcoin, because altcoin price movements always follow the flow of bitcoin price movements.
It maybe not this year as we are more than a half far from $5k and also we pretend to see bull run again. But how about next year? No assurance that Bitcoin will remain what it has today or it maybe it drops down below $5k just like it happens early this year. I know are not be hoping like that but the possibility will be there and we already experience it some times.

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September 12, 2019, 10:41:13 AM
 #76

Well if the be back to $5000 maybe some alts also be drop the price. Even do the price of bitcoin for now its on $10000 but some altcoins also not moving or increasing the price a little bit. We hope some altcoins will be recover or followed by bitcoin for increasing the price so that we can sell some of our altcoins we have.
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September 12, 2019, 08:17:22 PM
 #77

It didn't cross my mind that the price of bitcoin would drop back to $5,000. Because until now bitcoin price movements have begun to stabilize.
And if that really happens, then I can't imagine what will happen to altcoin, because altcoin price movements always follow the flow of bitcoin price movements.
It didn’t cross your mind because you don’t see the possibility of that which I don’t see the possibility of bitcoin dropping low to that again because right now, all that is coming into the market is more money and I don’t see reason why bitcoin should be stagnant at this moment and them make a reversal for that $5000.

I am not doubting that we will see this rice gain once more in future, but that would be after the new all-time high, because once the ATH is set, people will surely start selling their coins for the profit and this must surely crash the value back to something that low, except maybe the next bull run will get us to $100,000, that time, there is no amount of dumping that will ever make us see that $5k value again, maybe the last we will be talking about then is $20k.
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September 12, 2019, 09:33:51 PM
Last edit: September 13, 2019, 12:18:32 AM by mr_random
 #78

It is unlikely that BTC will crash back to $5000, at least in the near future, but if this happened it will affect the prices of altcoins, or most of them, badly. We noticed many times that altcoins markets are still depending on the BTC market and price, so if BTC price decrease the prices of the altcoins will go down too.

That will be the most common scenario that will likely to happen if bitcoin crashes. Anyway, not even in 5k level, even at price levels where bitcoin slowly decrease its price, the price of alts also decrease. So we can see this trend even not in 5k price level. I won't be surprised when that price movement happens.
I have seen many cases which price of the altcoins increase while Bitcoin price decreases and you can check the historical charts for confirmation. The consolidation between price of the BTC and altcoin is not fully known to the crypto community yet and these correlations are the example of how people treat the altcoins as anticipate to the BTC price. The response of the altcoins is always laggy to the price movement of the Bitcoin, $5000 price will be a shock hummer for most of the altcoins. In global markets, each financial asset has anyhow correlation between the bigger ones, it is also the same correlation between the Bitcoin and the altcoins. 
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September 12, 2019, 11:25:31 PM
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If that so, some altcoins may have zero market value and really dying but only those useless coins only.
We still have potential altcoins left in the market and for their long market existence, I have no doubts that they will survive for a possible bear season to come. Not to think that it will happen this year but it is much possible to happen again in the coming days.
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September 12, 2019, 11:46:47 PM
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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

It's obvious that Bitcoin is back at $5,000, all the coins will experience a sharp decline and include Litecoin. But of course, everyone doesn't expect it to happen. Although the current conditions are difficult to predict, I am better to focus my trades and bounty hunters.

I only argue that maybe the value of Bitcoin is now no longer going down sharply. Because the Altcoin season has not come. I hope that by the end of the year 2019, can give a big surprise.

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