If Bitcoin collapses, will Altcoins too?

[bayu7adi]

We always associate bitcoin and altcoin every day, because these two elements are what fill the cryptocurrency space into a very colorful space...

Some agree that the two are related, and some agree that the two have different concepts....

So, what if Bitcoin suddenly collapses, will altcoin also follow in Bitcoin's footsteps?? Show strong reasons why you think so!

[Azharul]

We always associate bitcoin and altcoin every day, because these two elements are what fill the cryptocurrency space into a very colorful space...

Some agree that the two are related, and some agree that the two have different concepts....

So, what if Bitcoin suddenly collapses, will altcoin also follow in Bitcoin's footsteps?? Show strong reasons why you think so!

I think that you will created an excellent topic and post in this threads. Because we know that bitcoin is one of the best valuable crypto in cryptocurrency world, and altcoin is also a best profitable crypto in cryptocurrency world. We know that this twice crypto currency will spread in all crypto currency markets. So i believe that if bitcoin price will be down or collapses, then altcoin price will be collapses. Because wr know that bitcoin is world king crypto in cryptocurrency market. So every crypto currency will be depending on this crypto.

[bounceback]

Why not, easily for altcoin get crash if bitcoin collapses because the following altcoin price behind of bitcoin, every moment when bitcoin going down under 5% only have potential for altcoin get crash more higher than bitcoin until 10% or 15%. I don't sure any opportunities for altcoin keep dependent without following with bitcoin price one day later if bad possibilities happening for bitcoin such as get crash or collapses?
Nowadays we see altcoin easily get down when bitcoin correction only few percent, but seems difficult with bitcoin will get down or collapses because bitcoin have individual holder.

[TomPluz]

I am assuming that you are talking here on the collapse of the price and not the technology behind Bitcoin, right? And in that case, there is a strong probability that altcoins will be following the lead of Bitcoin...there will be a big crash once something bad will happen to Bitcoin. But I am not worrying on that all because BTC has this ability to rebound immediately...the problem will be on the side of many altcoins as they make take some time to recover, Now, in case there can be a big crash then it is time to PARTY and buy more BTC. I am hoping this will be happening soon...maybe BTC getting into the $0 zone so I can buy Bitcoin without any money (just kidding and fantasizing, anyway).

[bitterguy28]

So, what if Bitcoin suddenly collapses, will altcoin also follow in Bitcoin's footsteps?? Show strong reasons why you think so!

if bitcoin collapse and not just some temporary dip, most investors could lose interest in altcoins but it is possible that it might not happen immediately because if bitcoin collapse investors might find other cryptocurrencies to hold their money in after taking it out of bitcoin but once they see that bitcoin might not bounce back they might all panic and think that altcoins are next

since bitcoin is basically the standard, if it collapses there will be no more trust in other altcoins the logic will be ‘if bitcoin, the one that is supposed to be the most secure and reliable, collapses then most likely altcoins who are not any better than bitcoin will surely collapse as well’.

[enoch_from_off]

So, what if Bitcoin suddenly collapses, will altcoin also follow in Bitcoin's footsteps?? Show strong reasons why you think so!

if bitcoin collapse and not just some temporary dip, most investors could lose interest in altcoins but it is possible that it might not happen immediately because if bitcoin collapse investors might find other cryptocurrencies to hold their money in after taking it out of bitcoin but once they see that bitcoin might not bounce back they might all panic and think that altcoins are next

since bitcoin is basically the standard, if it collapses there will be no more trust in other altcoins the logic will be ‘if bitcoin, the one that is supposed to be the most secure and reliable, collapses then most likely altcoins who are not any better than bitcoin will surely collapse as well’.

I agree here.
If BTC falls, all the foundations will be skeptical about going into other coins in general.
Because that would be too much of a risk and a liability for them.
But, of course, it won't happen, in my opinion. BTC is too good and big to get it into - collapse - state.

[_act_]

If bitcoin is collapsing, altcoins will not only follow, all altcoins would have become trash before bitcoin will finally collapse. This is because as bitcoin is falling, altcoins will be falling. But altcoins markecap are small and this will make people to sell them fast and heavily than bitcoin and they will all collapse. But generally speaking, I do not think bitcoin can collapse.

[PrivateKayla]

Bitcoin is considered THE market leader in crypto. If it collapses, it can trigger panic selling. Crypto owners may sell off their altcoins, too. I think altcoins with strong technology, active #DevelopmentTeam s, and real-world use cases may survive. Their prices may take a nosedive, but they could recover. 

[luckyledger]

Bitcoin is considered THE market leader in crypto. If it collapses, it can trigger panic selling. Crypto owners may sell off their altcoins, too. I think altcoins with strong technology, active #DevelopmentTeam s, and real-world use cases may survive. Their prices may take a nosedive, but they could recover.

I do think they all will lose most of their charm for investors, though I think this "apocalyptic" type of scenario is very unlikely.
And, as you said - some, of course, will live on, albeit in a new reality with less confidence and funds in the crypto overall.

[bhadz]

We always associate bitcoin and altcoin every day, because these two elements are what fill the cryptocurrency space into a very colorful space...

Some agree that the two are related, and some agree that the two have different concepts....

So, what if Bitcoin suddenly collapses, will altcoin also follow in Bitcoin's footsteps?? Show strong reasons why you think so!

I think so. We always used to see that the entire market is being topped by Bitcoin. SO, if the time comes and Bitcoin collapses then most of the altcoins will be too. Some stables might recover or contain that collapse but this is far from happening. I don't want to sound too confident about it but Bitcoin seems here to stay and for the meantime while everyone is looking forward for Bitcoin to reach its peak for this bull run, that's what it seems about to happen.

[luckyledger]

We always associate bitcoin and altcoin every day, because these two elements are what fill the cryptocurrency space into a very colorful space...

Some agree that the two are related, and some agree that the two have different concepts....

So, what if Bitcoin suddenly collapses, will altcoin also follow in Bitcoin's footsteps?? Show strong reasons why you think so!

I think so. We always used to see that the entire market is being topped by Bitcoin. SO, if the time comes and Bitcoin collapses then most of the altcoins will be too. Some stables might recover or contain that collapse but this is far from happening. I don't want to sound too confident about it but Bitcoin seems here to stay and for the meantime while everyone is looking forward for Bitcoin to reach its peak for this bull run, that's what it seems about to happen.

Let's even imagine this scenario - what could - possibly - collapse Bitcoin in the first place? I don't see it happening.

[Primo1760]

We always associate bitcoin and altcoin every day, because these two elements are what fill the cryptocurrency space into a very colorful space...

Some agree that the two are related, and some agree that the two have different concepts....

So, what if Bitcoin suddenly collapses, will altcoin also follow in Bitcoin's footsteps?? Show strong reasons why you think so!

As we know Bitcoin is the most popular large cryptocurrency. And altcoin is the second most profitable crypto in cryptocurrencies after Bitcoin. Cryptocurrencies together with Bitcoin and altcoin have created an eco system through which people are making money through trading, investing, holding. If Bitcoin collapses from the market it will certainly affect the altcoin market and many altcoins will lose their value. We can sometimes see that with any bad news in the market when the Bitcoin market collapses, all news immediately collapses the altcoin market. So if something happens to Bitcoin in cryptocurrency, it will definitely affect altcoin.

[bhadz]

We always associate bitcoin and altcoin every day, because these two elements are what fill the cryptocurrency space into a very colorful space...

Some agree that the two are related, and some agree that the two have different concepts....

So, what if Bitcoin suddenly collapses, will altcoin also follow in Bitcoin's footsteps?? Show strong reasons why you think so!

I think so. We always used to see that the entire market is being topped by Bitcoin. SO, if the time comes and Bitcoin collapses then most of the altcoins will be too. Some stables might recover or contain that collapse but this is far from happening. I don't want to sound too confident about it but Bitcoin seems here to stay and for the meantime while everyone is looking forward for Bitcoin to reach its peak for this bull run, that's what it seems about to happen.

Let's even imagine this scenario - what could - possibly - collapse Bitcoin in the first place? I don't see it happening.

Maybe a doomsday and when there's no internet for a year or two then that's very likely that the network of BTC will collapse and the alts will follow.
But are we going to see that? rich companies won't allow that to happen when they're running their cloud servers which means they require internet to continue their business operations, so it's true that it's unlikely to happen.

[royalRitta]

We always associate bitcoin and altcoin every day, because these two elements are what fill the cryptocurrency space into a very colorful space...

Some agree that the two are related, and some agree that the two have different concepts....

So, what if Bitcoin suddenly collapses, will altcoin also follow in Bitcoin's footsteps?? Show strong reasons why you think so!

I think so. We always used to see that the entire market is being topped by Bitcoin. SO, if the time comes and Bitcoin collapses then most of the altcoins will be too. Some stables might recover or contain that collapse but this is far from happening. I don't want to sound too confident about it but Bitcoin seems here to stay and for the meantime while everyone is looking forward for Bitcoin to reach its peak for this bull run, that's what it seems about to happen.

Let's even imagine this scenario - what could - possibly - collapse Bitcoin in the first place? I don't see it happening.

Maybe a doomsday and when there's no internet for a year or two then that's very likely that the network of BTC will collapse and the alts will follow.
But are we going to see that? rich companies won't allow that to happen when they're running their cloud servers which means they require internet to continue their business operations, so it's true that it's unlikely to happen.

Yeah, it would mean the end of the World as we know it, basically

[hugeblack]

Altcoin index is strongly affected by the Bitcoin price, so if the Bitcoin price collapses, the Altcoin index will collapse, and therefore most Altcoins will collapse and lose their value to a greater extent than Bitcoin. Some Altcoins will not collapse and some may make gains, but these will be Altcoins/tokens that have low market cap, and therefore investments of $10,000 to $50,000 will affect them and lead to their rise.