wxxyrqa
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December 05, 2019, 05:59:44 PM Last edit: December 05, 2019, 06:36:14 PM by wxxyrqa |
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If Bitcoin falls to $5,000, naturally all alts will start following Bitcoin and are likely to fall even harder than Bitcoin
Unfortunately you are right. The entire cryptocurrency market is stick to Bitcoin price. However, I think that some altcoins are no longer in danger because they are already at the very bottom. I am hoping for an exception - If the Bitcoin price actually continues to fall, I hope that Ethereum fork will succeed and this will cause the ETH price to break away from the BTC price and start to rise. The fact is that altcoin such as Ripple, have already found their niche in the financial world and will be used in one way or another, no matter how the fate of Bitcoin develops in the cryptocurrency market. But if you take the ethereum as an example, then I hope that this coin should no longer be associated with bitcoin, because it can only be called on certain movements in the cryptocurrency market, and not respond to a drop or increase in Bitcoin prices.
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alan2here
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December 07, 2019, 09:36:33 AM |
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I think there are still many altcoins that appear on the market and there are still some altcoins that have good potential, out of the many altcoins we don't know which ones will be recovered later, what is clear is that if bitcoin prices rise then there is an opportunity for altcoin to recover, now bitcoin is again trying to recover prices to reach the highest level, Hopefully the process will happen quickly in the near future
Everyone wants Bitcoin to increase because this coin has a great influence in this market and Bitcoin will surely return to the price of $8000 by the end of this year. I always spend a lot of time analyzing this coin and finding the cheapest price for long-term investment so this is an opportunity not to be missed. Of course, you also need to know research because this market is often very volatile. In addition, you can also choose some coins in the top 10 CMC because these are the coins that will be very promising if Bitcoin goes up in 2020.
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Latines
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December 07, 2019, 11:35:08 AM |
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Nothing at all. Maybe altos are completely dependent on bitcoin, but if bitcoins start to fall rapidly, then most likely altcoins will not keep pace with the fall, especially those coins that have actually established themselves as top.
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posi
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December 07, 2019, 11:47:20 AM |
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Nothing at all. Maybe altos are completely dependent on bitcoin, but if bitcoins start to fall rapidly, then most likely altcoins will not keep pace with the fall, especially those coins that have actually established themselves as top.
Before the altcoin could crash when bitcoin crashes the altcoin market would have follow the bitcoin trend for weeks and you check the situation every coins in the market with the exclusion of some stablecoins, the altcoin market totally depended on bitcoin market decision which i believed it all because of the upcoming halving. Therefore, if bitcoin crash back to $5000, the altcoin market will follow.
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Latines
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December 07, 2019, 11:52:21 AM |
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Nothing at all. Maybe altos are completely dependent on bitcoin, but if bitcoins start to fall rapidly, then most likely altcoins will not keep pace with the fall, especially those coins that have actually established themselves as top.
Before the altcoin could crash when bitcoin crashes the altcoin market would have follow the bitcoin trend for weeks and you check the situation every coins in the market with the exclusion of some stablecoins, the altcoin market totally depended on bitcoin market decision which i believed it all because of the upcoming halving. Therefore, if bitcoin crash back to $5000, the altcoin market will follow. I believe that at least bitcoin is the main direction in the crypto world. But not the only one. Cryptomir understands that without Bitcoin, cryptocurrency will live. Therefore, I believe that altcoins will not fall as much as bitcoin.
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posi
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December 07, 2019, 12:59:44 PM |
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Nothing at all. Maybe altos are completely dependent on bitcoin, but if bitcoins start to fall rapidly, then most likely altcoins will not keep pace with the fall, especially those coins that have actually established themselves as top.
Before the altcoin could crash when bitcoin crashes the altcoin market would have follow the bitcoin trend for weeks and you check the situation every coins in the market with the exclusion of some stablecoins, the altcoin market totally depended on bitcoin market decision which i believed it all because of the upcoming halving. Therefore, if bitcoin crash back to $5000, the altcoin market will follow. I believe that at least bitcoin is the main direction in the crypto world. But not the only one. Cryptomir understands that without Bitcoin, cryptocurrency will live. Therefore, I believe that altcoins will not fall as much as bitcoin. Don't get me wrong. I don't say every other crypto in the market won't live with bitcoin but there are always some occasions in the market which usually replicate itself i.e when halving is approaching, when it halving season and few months after bitcoin halving the whole crypto market momentum depend on bitcoin market trend.
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Reatim
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December 07, 2019, 01:00:49 PM |
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Nothing at all. Maybe altos are completely dependent on bitcoin, but if bitcoins start to fall rapidly, then most likely altcoins will not keep pace with the fall, especially those coins that have actually established themselves as top.
is there some altcoins that can you name who makes themselves established on top?at least mention couple of currency that is not dependent on bitcoin? sorry but i believe that every existing currencies in crypto are all depending on what will bitcoin move. we have proven this for many times that after bitcoin grow altcoin will do same and when fall they are the one who is drowning deep.
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sayaya17
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December 07, 2019, 01:38:12 PM |
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I actually do not want if a disaster occurs on Bitcoin to touch the price of $ 5,000, because if this happens altcoin will crash more and possibly weaken the price. So I can't imagine the altcoin market will bleed, but if this happens I'm still sure bitcoin will rise again and altcoin will follow, bitcoin only shows that it is very volatile.
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Latines
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December 07, 2019, 06:42:22 PM |
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Nothing at all. Maybe altos are completely dependent on bitcoin, but if bitcoins start to fall rapidly, then most likely altcoins will not keep pace with the fall, especially those coins that have actually established themselves as top.
is there some altcoins that can you name who makes themselves established on top?at least mention couple of currency that is not dependent on bitcoin? sorry but i believe that every existing currencies in crypto are all depending on what will bitcoin move. we have proven this for many times that after bitcoin grow altcoin will do same and when fall they are the one who is drowning deep. No problem) Seele. I have more of them, but to be honest I'm too lazy to look for everything. This is the most indicative, as I think. It grows while Bitcoin fell when Bitcoin stands still. We also know about such a project as Minter, in it the main coin is Bip, and so there’s generally its own world, which does not depend on bitcoin in any way. To be honest, I agree with you that many are dependent on bitcoin. But not all) I didn’t want to say anything else)
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Magkirap
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December 08, 2019, 08:59:44 AM |
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I actually do not want if a disaster occurs on Bitcoin to touch the price of $ 5,000, because if this happens altcoin will crash more and possibly weaken the price. So I can't imagine the altcoin market will bleed, but if this happens I'm still sure bitcoin will rise again and altcoin will follow, bitcoin only shows that it is very volatile.
Well our initial thinking was altcoins price will also crash if bitcoin's price will crash and yes it is true and we've already seen it, bitcoin's price goes up and then altcoins will follow and the same thing when bitcoin crashes but let us not generalize the altcoins, yes some will follow bitcoin's trend but a few will not. But let us hope bitcoin will not crash into $5000 because that'll be a hard situation.
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umbara ardian
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December 08, 2019, 11:54:01 AM |
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If Bitcoin falls to $5,000, naturally all alts will start following Bitcoin and are likely to fall even harder than Bitcoin
Unfortunately you are right. The entire cryptocurrency market is stick to Bitcoin price. However, I think that some altcoins are no longer in danger because they are already at the very bottom. I am hoping for an exception - If the Bitcoin price actually continues to fall, I hope that Ethereum fork will succeed and this will cause the ETH price to break away from the BTC price and start to rise. Honestly, altcoins have no bottom. Its price could go down as low as possible and die if BTC went down like 2018. I saw a lot of altcoins at the bottom and now it's dead.
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Latines
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December 08, 2019, 01:06:09 PM |
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I agree with you. It is necessary to take specific examples, and then already discuss, calculate what will become of him. And this generalized conversation will not lead to anything. Need specifics. Without it, we will always be all right and wrong at the same time.
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bustedsynx
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December 08, 2019, 01:54:41 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? I don't think so. So far, most of the altcoins beyond the top 200 coins have almost zero trading volume and liquidity. It only means one thing, most of the traders and holders have left, leaving their cheap bags to the strongest hands or rather foolish hands? Anyway, zero volume, most sellers already left, nothing to dump anymore.
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Adriano2010
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December 08, 2019, 02:00:13 PM |
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Some alts will drop in price but will grow again in average time, and some of alts will drop more and will not recover maybe, i talk about that altcoins that not have any real use and are just a copy of other coins.
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Silberman
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December 10, 2019, 05:39:51 PM |
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I actually do not want if a disaster occurs on Bitcoin to touch the price of $ 5,000, because if this happens altcoin will crash more and possibly weaken the price. So I can't imagine the altcoin market will bleed, but if this happens I'm still sure bitcoin will rise again and altcoin will follow, bitcoin only shows that it is very volatile.
We need to get rid of some outdated views, people think that if the market goes up then is good and if it goes down then it is bad, you can make money as well when the market is going down, it is called shorting, and even if you do not want to short the markets a bearish market can be a great way to multiply the bitcoin that you are holding and then get even bigger profits the next time the market begins to skyrocket but in order to do this you need to become a trader and stop being an investor.
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red4slash
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December 10, 2019, 06:00:17 PM |
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Some alts will drop in price but will grow again in average time, and some of alts will drop more and will not recover maybe, i talk about that altcoins that not have any real use and are just a copy of other coins.
I also think that way, that some altcoins might still be able to survive at a price that is down for sure, and altcoins that don't have a lot of volume might die. and if altcoin can survive maybe the price can grow again
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longyenthanh
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December 10, 2019, 06:51:15 PM |
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If bitcoin fall below 5000 USD then alt coins will also fall. When bitcoin is red whole crypto market is red. Its like a flat sale on whole crypto market due to christmas, for long term investment its the ideal time to buy.
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Silberman
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December 14, 2019, 04:04:14 PM |
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If bitcoin fall below 5000 USD then alt coins will also fall. When bitcoin is red whole crypto market is red. Its like a flat sale on whole crypto market due to christmas, for long term investment its the ideal time to buy.
When that happens it is a great moment to buy whatever coin that you like but very few people have the courage to do it, when that happens they are afraid that the market is going to keep going down and they refuse to buy, in my opinion that is a big mistake if your main goal in the market is to make money, but who I am to tell people about what to do with their money, if they want to make mistakes and lose that is fine with me because that means that I will get more profits in the future.
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poodle63
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December 14, 2019, 04:22:18 PM |
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If bitcoin fall below 5000 USD then alt coins will also fall. When bitcoin is red whole crypto market is red. Its like a flat sale on whole crypto market due to christmas, for long term investment its the ideal time to buy.
Some altcoins maybe still defend its price and got an increase in the bitcoin price but for some altcoins which are not having something useful just like the product and the future of them will be dead as soon as possible. if bitcoin falls and that will automatically affect the whole of altcoins except a solid altcoin that can stand without bitcoin
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Doell
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December 14, 2019, 04:22:46 PM |
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If bitcoin fall below 5000 USD then alt coins will also fall. When bitcoin is red whole crypto market is red. Its like a flat sale on whole crypto market due to christmas, for long term investment its the ideal time to buy.
"Red" can't be certain this will happen could every altcoin take this moment to raise the stock altcoin price and market games are not easy to guess ,this is also not a bad start for altcoin and it's not certain too mate that other traders and exchanges will probably maintain the price at 7000 usd?
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