Altcoins Talks - Cryptocurrency Forum

Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: thamer jamaladdeen on September 07, 2018, 06:41:05 PM

Title: Is it bad if the bitcoin dropped down
Post by: thamer jamaladdeen on September 07, 2018, 06:41:05 PM

I don't understand why most of the people are afraid of the collapse of the bitcoin price !
Is it so bad ?
I know that all the altcoins would drop down too!
Title: Re: Is it bad if the bitcoin dropped down
Post by: Zed0X on September 07, 2018, 06:50:54 PM
Let us just say that people do not want to lose or see that their portfolio is red. Another reason why people hate it is because they do not have enough fiat to take advantage of the downtrend.
Title: Re: Is it bad if the bitcoin dropped down
Post by: Speaker on September 07, 2018, 06:53:55 PM
People are accustomed to growth and many of them have never seen such falls,especially protracted.Therefore, many are very concerned.
Title: Re: Is it bad if the bitcoin dropped down
Post by: DiZEL on September 07, 2018, 08:18:45 PM
The drop in the cost of bitcoin is very bad for those who bought it at a price of $ 20,000 and did not manage to sell on time. And for those who have attracted small amounts of money in the crypto currency, such ups and downs are not good and not bad, this is the market's regularity.
Title: Re: Is it bad if the bitcoin dropped down
Post by: owmivmen on September 07, 2018, 08:24:15 PM
Because 50% traders crypto hold bitcoin for investment and the rest in altcoin. If bitcoin has decreased, altcoin will experience the same thing.
Title: Re: Is it bad if the bitcoin dropped down
Post by: Noobaru on September 07, 2018, 08:27:59 PM
Yes, altcoins follow bitcoin price almost precisely. Except ether fell really hard on it's own lately. But the market is highly volatile, so it is not unusual. Is it bad? If you have your savings in crypto and you invested when btc was @20.000$, then yes, you can have headaches. But if you invested at let's say 6000$, you're still in green.
Title: Re: Is it bad if the bitcoin dropped down
Post by: ShadowInTheFog on September 07, 2018, 09:28:20 PM
Well its a domino effect. Some false FUD and that individual moving thousands of BTC and here we are. The market is still too fragile so it follows such insignificant news.
Title: Re: Is it bad if the bitcoin dropped down
Post by: amanarora_1 on September 08, 2018, 01:29:40 AM
We all know how important Bitcoin is in our crypto life- it's our first and number one currency. Whenever Bitcoin price fall down, most of other coins fall down and whenever Bitcoin goes hit, rest of the coins also hit some value. So that's why people are afraid of dropped down of Bitcoin price.
Title: Re: Is it bad if the bitcoin dropped down
Post by: expander on September 08, 2018, 08:33:03 AM
The rise and fall of the price of bitcoin should not make someone feel afraid of being excessive. Smart people will use the decrease in bitcoin prices to start investing again. If you look at history, the price of bitcoin will always be higher than the previous year.
Title: Re: Is it bad if the bitcoin dropped down
Post by: sibolis on September 08, 2018, 10:08:32 AM
People invest to grow.  Nobody wants to loose their assets, so of course people afraid of bitcoin collapse price especially if it happen every day.
Title: Re: Is it bad if the bitcoin dropped down
Post by: Qonix Own on September 08, 2018, 01:40:11 PM
of course, the decline in the price of bitcoin is bad news and will cause panic where due to the decline in the price of bitcoin will have an impact on the altcoin.
Title: Re: Is it bad if the bitcoin dropped down
Post by: Cheratu Mesir on September 08, 2018, 01:50:32 PM
All altcoin prices are based on the price of bitcoin. If the price of bitcoin decreases, the price of the altcoin will also experience a price decline. As evidence, you may consider bitcoin price chart and altcoin on the market, altcoin depends on the price of bitcoin.
Title: Re: Is it bad if the bitcoin dropped down
Post by: Blueblockxx on September 08, 2018, 02:06:34 PM
To those who really love cryptocurrency of course they feel so sad if that happens. But in reality yes, we cannot predict the currency market how this runs for always be good. We always need a self confident or positive attitude as a bounty hunters. Patience is the key of success, what ever happens we need to hold, and wait until the right time.
Title: Re: Is it bad if the bitcoin dropped down
Post by: Octoalts on September 08, 2018, 02:12:47 PM
Bitcoin is the king of Cryptocurrency, and everything that happens with Bitcoin will certainly affect other coins as well, and automatically if the price of Bitcoin drops the price of other coins also falls. and of course it is a bad thing if the price of bitcoin continues to fall, because this will affect other coins, even though when the price of Bitcoin goes down it is the right time to invest in bitcoin.
Title: Re: Is it bad if the bitcoin dropped down
Post by: Yellowish on September 08, 2018, 02:30:58 PM
Yes it is very bad when bitcoins drop. But frankly, it depends on how we deal with on crypto market. We know that the market today is dropping and we don't know when it rise. That's why we need to hold as long as we survive the lowered price of coins on the market today. all we need is to wait and spend time to do that.
Title: Re: Is it bad if the bitcoin dropped down
Post by: benres on September 08, 2018, 02:34:52 PM
Crypto currency is a new economy so it is the circle of crypto industry to drop to a lowest level that might make it impossible to recover and make investors very sad but let us just see in the future what really this crypto space will hold for the rest who believes in this new economy.
Title: Re: Is it bad if the bitcoin dropped down
Post by: Putih on September 08, 2018, 03:42:53 PM
They are afraid that if they lose their money, they only prepare themselves to increase the market and they forget to prepare themselves for the market decline, so they become desperate at this time. I think this decline can be an opportunity to buy cheaper prices.
Title: Re: Is it bad if the bitcoin dropped down
Post by: Criptomen on September 08, 2018, 04:08:22 PM
It all depends on accepting the bitcoin ETF, but chances are all attempts will either be delayed or simply refused. And in October, I think the correction will end. In General, 2018 was very unsuccessful for the whole crypto world. I hope that the growth will be as strong as the fall.
Title: Re: Is it bad if the bitcoin dropped down
Post by: ComeBack on September 08, 2018, 04:13:21 PM
I think if you're new here you will really going to be afraid when you saw the bitcoin price dropped followed by the altcoins because it's like you will lose alot specially if you invested on the wrong price.
Title: Re: Is it bad if the bitcoin dropped down
Post by: elbans89 on September 08, 2018, 07:20:10 PM
Quote from: thamer jamaladdeen on September 07, 2018, 06:41:05 PM

I don't understand why most of the people are afraid of the collapse of the bitcoin price !
Is it so bad ?
I know that all the altcoins would drop down too!

Of course, It is bad if the bitcoin dropped down. Because I want to get profit from my investment.
Title: Re: Is it bad if the bitcoin dropped down
Post by: Moykoy on September 09, 2018, 01:14:34 AM
Whenever the price of Bitcoin falls, most coins fall and whenever the Bitcoin hits, the remaining coins also reach a certain value. So that's why people are afraid of dropping the price of Bitcoin.
Title: Re: Is it bad if the bitcoin dropped down
Post by: satpol_PP on September 09, 2018, 01:56:39 AM
Quote from: thamer jamaladdeen on September 07, 2018, 06:41:05 PM

I don't understand why most of the people are afraid of the collapse of the bitcoin price !
Is it so bad ?
I know that all the altcoins would drop down too!

Yes I see, The bitcoin is going down. Keep calm, I still believe crypto currency will rise again soon.
Title: Re: Is it bad if the bitcoin dropped down
Post by: comer on September 09, 2018, 02:23:04 AM
apparently yes, it not good for the crypto holders if btc went down because all of their investmemt will loss also. it is normal that the price for altcoin goes down when btc down. altcoins holders like me losses its capital also.