Bitcoin Dump - The Worst Thing

[Kambal2000]

Yes, if Bitcoin dumps it will be like end of the world for all of us, but let us also remember that it is not dead yet and we know that there are lots of people manipulating our mind for them to bag more, so let's take it to consideration, digital currency is future so let's not panic all the time the price dumps, but instead let's take it chance for all of us to grab and buy more Bitcoins.

[maydna]

When BTC dumps, all other coins also dump.

That is what happens in the crypto market. But that will not for all of the altcoins. If you check at the market if bitcoin is down, some altcoins can increase and take the chance to lift the price, although it's not too high, and that is good for that altcoin. And now, bitcoin is going stronger than before, and the price can increase at $77xx, but we should be prepared if there is another downtrend for bitcoin because we don't know when the bear market for bitcoin will be over.

[alan2here]

Yes, if Bitcoin dumps it will be like end of the world for all of us, but let us also remember that it is not dead yet and we know that there are lots of people manipulating our mind for them to bag more, so let's take it to consideration, digital currency is future so let's not panic all the time the price dumps, but instead let's take it chance for all of us to grab and buy more Bitcoins.

Bitcoin will never disappear because this is a coin that is widely used in many places on the internet and any investor has ever held this coin so surely Bitcoin will exist for several thousand years. Currently Bitcoin is considered a safe choice for many investors with large assets because volatility is the main reason they are interested.

Personally, I have bought Bitcoin and held it for the past few years because it is certain that Bitcoin will cost $100,000 in the next few years if people have special interest when it comes to this market.

[Willitivity]

Bitcoin Dump - The Worst Thing

When BTC dumps, all other coins also dump, it is worst thing because even if bitcoin dumps, then it should not effect the other cryptocurrency price value in BTC. i,e when BTC dumps the price value of altcoins is also drops while it should increase because btc downs. When people will realize it that it is not in their benefit?

Actually, when Bitcoin dumps people become a bit hurried to sell off whatever crypto they are holding be it Bitcoin or any alt, so that the can run into USDT to secure their portfolio.
Butt, when Bitcoin dumps, not all alts dumps in BTC value, mostly they drop in USD value. But in worst case scenario, they drop in both BTC and USD values.

[Assface16678]

Bitcoin Dump - The Worst Thing

When BTC dumps, all other coins also dump, it is worst thing because even if bitcoin dumps, then it should not effect the other cryptocurrency price value in BTC. i,e when BTC dumps the price value of altcoins is also drops while it should increase because btc downs. When people will realize it that it is not in their benefit?

Actually, when Bitcoin dumps people become a bit hurried to sell off whatever crypto they are holding be it Bitcoin or any alt, so that the can run into USDT to secure their portfolio.
Butt, when Bitcoin dumps, not all alts dumps in BTC value, mostly they drop in USD value. But in worst case scenario, they drop in both BTC and USD values.

The graph of the bitcoin today is not like the same as the previous months. The price is lower and lower that we called now as a dump soon; it becomes no value. People are now panic selling their coins to avoid to lose profit because they know it takes a long time before the price become more profitable again; it was the right decision too.  But for me I think it is better to hold and wait for the coming of the pump, the year is the end and the season of the bitcoin is coming, hoping that the price of the bitcoin will rise again.

When BTC dumps, all other coins also dump.

That is what happens in the crypto market. But that will not for all of the altcoins. If you check at the market if bitcoin is down, some altcoins can increase and take the chance to lift the price, although it's not too high, and that is good for that altcoin. And now, bitcoin is going stronger than before, and the price can increase at $77xx, but we should be prepared if there is another downtrend for bitcoin because we don't know when the bear market for bitcoin will be over.

If you know about the graph of the bitcoin that was not good see, but It was right, this is the time for the altcoins to rise. They are not affected by the lowing of the bitcoin; instead, this is the part when the price of the altcoins becomes more demand and increasing their value every time.

[AbuBhakar]

i think BTC will stay around 5 - 8k till march, then slowly rise to 17k by the end of 2020

Shitcoin will continue to die

Bitcoin has already shown its bullrun now and this will already reach the price of $8,000. Maybe tomorrow can happen, but in December it will be even more increased. My analysis says December will face a good move in November.

And I think shitcoin will never die but will continue to grow but there will also be dead.

Shitcoins will die, only those project who have working products will remain in the market even almost all alts based in BTC some projects will just really die as they have no use and due to many alts released they will be eliminated only those that are working with dedicated team will remain.

[audaciousbeing]

Bitcoin Dump - The Worst Thing

When BTC dumps, all other coins also dump, it is worst thing because even if bitcoin dumps, then it should not effect the other cryptocurrency price value in BTC. i,e when BTC dumps the price value of altcoins is also drops while it should increase because btc downs. When people will realize it that it is not in their benefit?

Your grouse is not because bitcoin price dumps but its about its effect on the price of altcoins that dumps with it. However, a deep look at it is to be bothered if the same is not happening. On the flip side, would you also express the same frustration should the price of bitcoin increase necessitating the same increase in alt coin?. What is happening is simple mathematics which is because of the percentage that bitcoin trading occupies in the entire crypto market that whatever happens goes with it.

[Taskford]

i think BTC will stay around 5 - 8k till march, then slowly rise to 17k by the end of 2020

Shitcoin will continue to die

Bitcoin has already shown its bullrun now and this will already reach the price of $8,000. Maybe tomorrow can happen, but in December it will be even more increased. My analysis says December will face a good move in November.

And I think shitcoin will never die but will continue to grow but there will also be dead.

Shitcoins will die, only those project who have working products will remain in the market even almost all alts based in BTC some projects will just really die as they have no use and due to many alts released they will be eliminated only those that are working with dedicated team will remain.

Not surprising to see that coming since shitcoins is intended to die and they are just created to scam there investors that's why it's advisable to avoid with and also I see a project with working product dies since the market condition strikes them so bad that's why it's better to stay at the top alt's for a while and maybe look those potential alt's when market became alive again to gain a profit from it.

[dimonstration]

Yes, if Bitcoin dumps it will be like end of the world for all of us, but let us also remember that it is not dead yet and we know that there are lots of people manipulating our mind for them to bag more, so let's take it to consideration, digital currency is future so let's not panic all the time the price dumps, but instead let's take it chance for all of us to grab and buy more Bitcoins.

It is end of the world for those who needs money yet the price drops. Before I was in need in money for emergency purposes and I spent almost I have and BTC all that is left but it's dump, it was during 2018 price continues to fall. So this drops for me is not new and unlike last year this drops is way acceptable than last year. It is indeed good to buy when price drops and don't worry too much on bloody days as it will have it's time to arise.

[Mahanton]

Bitcoin Dump - The Worst Thing

When BTC dumps, all other coins also dump, it is worst thing because even if bitcoin dumps, then it should not effect the other cryptocurrency price value in BTC. i,e when BTC dumps the price value of altcoins is also drops while it should increase because btc downs. When people will realize it that it is not in their benefit?

Common observations to those who are just new to this crypto space!

Not all the times where bitcoins price would correlate oppositely with alts price.You can presume that if people leave out on btc they would switch to alts?
You cant be sure off because people will pull out and stay up either on fiat or stable coins thats why we do see that theres no significant changes on alts prices
when theres a btc price dump.

[AliMan]

i think BTC will stay around 5 - 8k till march, then slowly rise to 17k by the end of 2020

Shitcoin will continue to die

Bitcoin has already shown its bullrun now and this will already reach the price of $8,000. Maybe tomorrow can happen, but in December it will be even more increased. My analysis says December will face a good move in November.

And I think shitcoin will never die but will continue to grow but there will also be dead.

Don't be too excited for this minor pumps mate, we need to be careful on what we see right now with the price movements. This was now becoming so unpredictable, it could bounce back and then suddenly drop so bad. More of us waited a lot of surprises in December, but still much better to be calm and easy while $8000 still stabilizing as preparation for good pumps of the incoming year 2020.
I don't care for shitcoins by now, what I am focused of was with bitcoin to grow consistently sooner.

[BitcoinHunt3r]

Bitcoin Dump - The Worst Thing

When BTC dumps, all other coins also dump, it is worst thing because even if bitcoin dumps, then it should not effect the other cryptocurrency price value in BTC. i,e when BTC dumps the price value of altcoins is also drops while it should increase because btc downs. When people will realize it that it is not in their benefit?

Altcoin down usually have reason too. Maybe in past  when bitcoin price dumped, people will change their assets to altcoin. Or maybe people start to buy bitcoin and then trade altcoin in exchanges. That is why sometime altcoin price increased. And now maybe the opposite condition of it because a lot of new people come and they are more panic than us. Personal opinion only.

[Coin-1]

When BTC dumps, all other coins also dump.

That is what happens in the crypto market. But that will not for all of the altcoins. If you check at the market if bitcoin is down, some altcoins can increase and take the chance to lift the price, although it's not too high, and that is good for that altcoin. And now, bitcoin is going stronger than before, and the price can increase at $77xx, but we should be prepared if there is another downtrend for bitcoin because we don't know when the bear market for bitcoin will be over.

Each high-capitalized alternative cryptocurrency has its own price estimated at fiat value. For example, the Ethereum price definitely does not correlate with the Bitcoin price. If you look at the Ethereum chart on CoinMarketCap and click on the "BTC (price)" flag below the graph, you will see the line in orange. According to these data, 1 ETH was equal to 0.3 BTC in June 2019, and now 1 ETH is worth 0.21 BTC.

The global cryptocurrency exchange market is manipulated by "whales" who have a lot of money and slowly buy different coins and tokens. One fine day, they quickly sell all their cryptocurrencies to crash markets. Some of these "whales" try to activate the stop-loss triggers set by other traders and thus buy very cheap coins. "Whales" simultaneously drop Bitcoin and all top-rated altcoins by the same percentage in order to prevent ordinary traders from switching to another cryptocurrency and making a profit.

Typically, Bitcoin is volatile, so dumps and pumps are not the worst things, IMO.

[tambok]

i think BTC will stay around 5 - 8k till march, then slowly rise to 17k by the end of 2020

Shitcoin will continue to die

Bitcoin has already shown its bullrun now and this will already reach the price of $8,000. Maybe tomorrow can happen, but in December it will be even more increased. My analysis says December will face a good move in November.

And I think shitcoin will never die but will continue to grow but there will also be dead.

Don't be too excited for this minor pumps mate, we need to be careful on what we see right now with the price movements. This was now becoming so unpredictable, it could bounce back and then suddenly drop so bad. More of us waited a lot of surprises in December, but still much better to be calm and easy while $8000 still stabilizing as preparation for good pumps of the incoming year 2020.
I don't care for shitcoins by now, what I am focused of was with bitcoin to grow consistently sooner.

That's the main reason why people nowadays are just after the pump, what they all want is to make the price go pump and they are becoming panic all the time the price go down, they don't realize that what they are doing is not healthy to the market, although we are all aiming for the good price but let us also take into consideration that we are also do our part to make it stable and to be known worldwide.

[Mumbeeptind1963]

We cannot make a short conclusion on this matter, if you only conclude a decline yesterday then it will indeed make a bad view for this market and it will not benefit you if you just panic. This market will still grow, the rise and fall of prices is just a normal cycle, so we don't need to panic about the dumping that you are worried about and not profitable for you. If you are good at using every moment that happens at least now you can benefit from yesterday's events.

We need noy to conclude everything now, it is 5% higher this week, as what we can see in the weekly chart of bitcoin , it is going up now . It only remind us that bitcoin is still unstable now and a lot of uncertainty will gonna happen. We should know that dump of coins is normal, it all haplens in different coins , halving is coming so we do expect that this could affect the bitcoin price. I believe that when 2020 comes, I expect that more pump will happen

[cryptothreads]

i think BTC will stay around 5 - 8k till march, then slowly rise to 17k by the end of 2020

Shitcoin will continue to die

Bitcoin has already shown its bullrun now and this will already reach the price of $8,000. Maybe tomorrow can happen, but in December it will be even more increased. My analysis says December will face a good move in November.

And I think shitcoin will never die but will continue to grow but there will also be dead.

Shitcoins will die, only those project who have working products will remain in the market even almost all alts based in BTC some projects will just really die as they have no use and due to many alts released they will be eliminated only those that are working with dedicated team will remain.

This year, more than 80% of shitcoins were removed from the market because most of these coins were worthless and the development team almost didn't care about the community, making the value of the coin only decrease. I think this year is a good time for you to look for new opportunities as there are still some good coins starting to appear in this market.

Of course, you are not always lucky to find a good choice because the market has so many surprises that you cannot predict.

[pragna]

Bitcoin Dump - The Worst Thing

When BTC dumps, all other coins also dump, it is worst thing because even if bitcoin dumps, then it should not effect the other cryptocurrency price value in BTC. i,e when BTC dumps the price value of altcoins is also drops while it should increase because btc downs. When people will realize it that it is not in their benefit?

Yes i also think so. Its average that we see when BTC fall another alt coin also down their market. Actually maximum investor fully depends on BTC so they think that if BTC price fall down alt coin price also will fall down.

But finally it should not do.

[naikturun]

But when the BTC stable alt starts to rise, this is where you can take a chance to climb.
You just have to wait for the right moment before entering.
But the market is not as predicted so there will always be a risk every time you will entry.

[crwth]

I hope you do know that almost all of the prices of altcoins are based on BTC. It's directly proportional.

• When BTC drops in Price, Altcoins Suffer as well
• When BTC increases in Price, Altcoins suffer as well

It's best to note that this is happening almost all of the time; it would just depend on the demand of a particular coin. Whether someone's buying it or not. That's the exception. So this is not common knowledge or isn't thought about, but it's true. I hope people would understand that concept when it comes to trading.

It's not the worst thing you know because you could take advantage of the drop by shorting the market. It would just depend on the exchange that you have if you could short it or long it.

[suzanne5223]

I hope you do know that almost all of the prices of altcoins are based on BTC. It's directly proportional.

• When BTC drops in Price, Altcoins Suffer as well
• When BTC increases in Price, Altcoins suffer as well

That's correct but the altcoin don't follow the bitcoin market trend in every circumstance cause there are some season where the altcoin market trend relies on the arbitrage traders conclusion.

It's best to note that this is happening almost all of the time; it would just depend on the demand of a particular coin. Whether someone's buying it or not. That's the exception. So this is not common knowledge or isn't thought about, but it's true. I hope people would understand that concept when it comes to trading.

This usually happen when bitcoin halving is coming, the demand and supply of bitcoin market is what will decide the market momentum.

It's not the worst thing you know because you could take advantage of the drop by shorting the market. It would just depend on the exchange that you have if you could short it or long it.

Binance is always the best exchange for this form of trading (short/long) but I think the long trading would be the best option if seize the opportunity of the previous dump market.