If Bitcoin collapses, will Altcoins too?

[nakmantu99]

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.

Very unlikely?
I disagree strongly to that comrade.when the price of bitcoin drops in the market,altcoin prices follow too while rropping by mayb 5-15 % or more even.This scenario is literally likely to happen anytime the bitcoin market has a shake not excluding all most other cryptocurrencies if not all.Reason that the crypto market ideally serves as a role model to other digital currencies.Inbrstors most times analyse the bitcoin market before making investment decisions and choice while investing in other cryptocurrencies.

That's what I always do in short-term investment, especially trading. I always analyze bitcoin and its movement in the market before I decide to enter a coin. Because for the short term we really have to make accurate analysis and predictions so that we can get maximum profit and the character of the crypto market is very volatile.

[Promocodeudo]

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).

I think we share the same point of view, exactly the op is talking in terms of the price not the technology associated with Bitcoin existence, the fact is that Bitcoin has always been the master of all other coins thats why its upsurge soars the price of altcoins, once it goes otherwise, likewise will happen to altcoins, let me state it categorically, if anything eventually happens to bitcoin, altcoin s I will be history but the thing is that nothing is going to happen to Bitcoin because the technolgy that facilitate its existence is very strong, we can only experience its normal character which is volatility and fluntiations of its price aside that there wouldn't be any form of total colapse if thats what the op is refeting to, Bitcoin has come to stay and it's high time we accept that as a reality and contiue doing the needful instead of thinking too much to prove unrealistic point.

[MUGNIA]

in my opinion if one day BTC will fall and stop, then other altcoins will also experience the same thing, because people will lose confidence in cryptocurrencies
but now, maybe it will be impossible for BTC to experience bankruptcy and fall. because btc itself has taken the hearts of most people and its popularity has spread widely, so that investors and important people have taken many benefits from crypto currency so that it will be difficult for BTC to collapse in the future.
not to mention that times are getting more modern so people will switch from currency. traditional money to digital currency

Yes, because the crypto benchmark is Bitcoin, people's trust in Bitcoin represents crypto, so if Bitcoin collapses, then trust in altcoins, let alone, will be even worse. Now we can see how Bitcoin has affected us, so far, so far, if the price of Bitcoin falls, then it is very likely that altcoins will also experience the same thing.

but yes, once again, it is unknown when it will happen and hopefully it will not happen. with supply and also investors everywhere globally, while the world is getting more modern and sophisticated in technology, maybe it will be difficult to happen.

not in the near future in my opinion because in my opinion BTC is currently becoming alternative 1 for investment where property, land and luxury goods investments are currently not doing well, if you invest in BTC and buy at the right time, the profits you get are not like we can invest in land and property when we sell it

[Vx1]

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'm not sure this will happen, because looking at the history of Bitcoin, it has continued to grow over time.
Indeed, Bitcoin is the king of crypto, but now we can see that dozens of new Blockchains have grown, all of which also have large communities and support.
There was a time when the price of Bitcoin fell but the price of Altcoin rose, but what often happens is that when the price of Bitcoin falls, the price of Altcoin also falls.
If people or the community have seen and felt the benefits of cryptocurrency in general, I mean not only from Bitcoin.
I think, if Bitcoin collapses, maybe there will be some of these Altcoins that will be able to survive.

[Celph]

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.

Very unlikely?
I disagree strongly to that comrade.when the price of bitcoin drops in the market,altcoin prices follow too while rropping by mayb 5-15 % or more even.This scenario is literally likely to happen anytime the bitcoin market has a shake not excluding all most other cryptocurrencies if not all.Reason that the crypto market ideally serves as a role model to other digital currencies.Inbrstors most times analyse the bitcoin market before making investment decisions and choice while investing in other cryptocurrencies.

That's what I always do in short-term investment, especially trading. I always analyze bitcoin and its movement in the market before I decide to enter a coin. Because for the short term we really have to make accurate analysis and predictions so that we can get maximum profit and the character of the crypto market is very volatile.

Exactly,this is one basic feature of the crypto market.
The volatility of crypto currencies is basically unmatched.Before investing in a coin,it is purely advisable to analyse the market charts first before talking about investing in a particular coin.Even if you have gottem an insight about yhis particular coin,do well to make your own analysis first,that is basically one thing i would always advice my friends even if i'm the one giving out this financial advices too.Make your own research!

[Celph]

Bitcoin is very mandatory for the market. So, no doubts, its collapse will cause similar processes with other coins, especially with those, which don't have any real value

I don't understand that you assume Bitcoin is mandatory. Bitcoin is surely the main coin, it is like the mother of all crypto coins. However, it doesn't mean altcoins can survive without Bitcoin. Altcoins have their own ecosystem, altcoins have their own market. I think altcoins can survive although Bitcoin disappears. As long as we have exchanges and crypto market, altcoins will be there to trade by any people around the world.

This is literally the first i'm seeing going sideways to other peoples remark.
However,i particularly get what you're saying about altcoins still surviving evem if the crypto market collapses today and i guess you too have your owm reasons or beliefs on why you think so.
Well,it is essential to know that bitcoin basically is literally a foundation for other cryptocurrencies.We have seen in various instances that when the price of bitcoin drops or depreciates,the price of altcoins too follow by in depreciation,maybe by 10-15% and not only altcoins,alot of other coins in the crypto market,altcoins are not singled out in this web basically because bitcoib serves as a  trailblazer for other coins.
   However,lets assume that bitcoin should crashdown entirely maybe to 4000 dollars per say,i guess your assumption is that altcoin still tends to survive this crashdown.There are some reasons altcoins might survive such as diversification.Investors may still seek alternative stores of values or innovative project.i.e investors that woukd still believe in cryptocurrency generally and also since some altcoins still have superior technological advancements or feautures.
It isn't still entirely possible that altcoin would survive but i guess it would,based on assumption.

[Sim_card]

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.

Very unlikely?
I disagree strongly to that comrade.when the price of bitcoin drops in the market,altcoin prices follow too while rropping by mayb 5-15 % or more even.This scenario is literally likely to happen anytime the bitcoin market has a shake not excluding all most other cryptocurrencies if not all.Reason that the crypto market ideally serves as a role model to other digital currencies.Inbrstors most times analyse the bitcoin market before making investment decisions and choice while investing in other cryptocurrencies.

That's what I always do in short-term investment, especially trading. I always analyze bitcoin and its movement in the market before I decide to enter a coin. Because for the short term we really have to make accurate analysis and predictions so that we can get maximum profit and the character of the crypto market is very volatile.

Of course, bitcoin price movement controls altcoins prices and that's why Bitcoin is the king and the rest are duplicates. Using bitcoin price movement to predict the performance of altcoin is good, just like now that we are waiting to see a new ATH is this bull run, there is a high chance of altcoins also following the uptrend of bitcoin price and profit can be made from them. But this depends on the type of coin, because not all altcoins will survive a dump.

[Baki202]

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

Despite the fact that Altcoins are centralized and some people are there to claim the ownership of of the project, they have no full control over its price movement which only bitcoin and the current trend can determine.
If Bitcoin collapse as you are saying, then altcoins will also follow suit because Bitcoin is like their pillar that determine their value. Bitcoin can not fall completely, but if it happens, that means it is the end of cryptocurrency in general because no one will value anything cryptocurrency again.

Yes, I agree with your concept
Basically Bitcoin controls the crypto market being the first and the most successful crypto currency; we see in the market that when the price of Bitcoin fluctuates or depreciates it is very likely for other cryptocurrencies to follow in fluctuating as well as when the price of Bitcoin appreciates.
Going back to the main question, "IF BITCOIN COLLAPSES WILL ALTCOIN TOO COLLAPSE" , some investors might disagree that ALTCOIN won't collapse but it is wise to say that ALTCOIN would definitely collapse because when most investors want to make investments decisions while investing in coins they tend to analyze the Bitcoin market first before investing in other coins for example if the price of Bitcoin should appreciate investors who wants to invest in altcoin would give it a go ahead because the Bitcoin market controls the whole market but if the price of Bitcoin should depreciates investors tend to withdraw from investing in altcoin and other cryptocurrencies in general thereby making altcoin too to crash down in the market.

[Hinata]

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!

Basically,yes.
I,specifically don't see any reason why altcoin too won't collapse since Bitcoin generally controls the whole crypto market as the first and most successful cryptocurrency.
When Bitcoin depreciates in it's value,we tend to see other coins depreciating in it's value,same goes with when Bitcoin appreciates,other coins follow suit.
Basically,when investors make investment decisions of investing in other coins,they tend to analyse the Bitcoin market first before making investments today.If Bitcoin crashes down complete today,the altcoin market too would crashdown because alot of investors might d tend to  withdraw from other cryptocurrencies not excluding altcoin.

[doc]

Of course, bitcoin price movement controls altcoins prices and that's why Bitcoin is the king and the rest are duplicates. Using bitcoin price movement to predict the performance of altcoin is good, just like now that we are waiting to see a new ATH is this bull run, there is a high chance of altcoins also following the uptrend of bitcoin price and profit can be made from them. But this depends on the type of coin, because not all altcoins will survive a dump.

bitcoin price is always the center for altcoin and altcoin always follows bitcoin price movement, that is the reality that we always see. Bitcin is king, so it is natural that almost all altcoins will follow bitcoin price movement.
If bitcoin collapses, chances are altcoin will follow it.

[UNIVERSE]

bitcoin price is always the center for altcoin and altcoin always follows bitcoin price movement, that is the reality that we always see. Bitcin is king, so it is natural that almost all altcoins will follow bitcoin price movement.
If bitcoin collapses, chances are altcoin will follow it.

Bitcoin surely can influence altcoins, but Bitcoin can't determine the future of altcoins. Even Bitcoin is the king of crypto, there are crypto coins that don't fully follow Bitcoin price trend. Stable coins are the examples, they sometimes have a different direction with Bitcoin. When Bitcoin dropped much, stable coins often increased their prices quite significantly. Meme coins seem not following the trend of Bitcoin, too. So, it is not true that altcoin price fully relies on Bitcoin.

[sampoerna]

Bitcoin surely can influence altcoins, but Bitcoin can't determine the future of altcoins. Even Bitcoin is the king of crypto, there are crypto coins that don't fully follow Bitcoin price trend. Stable coins are the examples, they sometimes have a different direction with Bitcoin. When Bitcoin dropped much, stable coins often increased their prices quite significantly. Meme coins seem not following the trend of Bitcoin, too. So, it is not true that altcoin price fully relies on Bitcoin.

It seems like this is no longer expected, if Bitcoin collapses, then altcoins will follow, right?
As happened during the transition from bullrun to bearish era, the price of Bitcoin seemed to really collapse because the drop that suddenly happened very quickly. and in the end it will change very quickly. and that will also reflexively follow Bitcoin towards the bearish era. and this cycle always happens, where Bitcoin will collapse and return to bearish and its transition for years. because of that, only the really top altcoins can follow Bitcoin's journey, if not, then ETH and others, when else can we see which altcoins can really survive and which ones can't.

[rby]

bitcoin price is always the center for altcoin and altcoin always follows bitcoin price movement, that is the reality that we always see. Bitcin is king, so it is natural that almost all altcoins will follow bitcoin price movement.
If bitcoin collapses, chances are altcoin will follow it.

In all my years as a cryptocurrency marketer, there's never been a time that the change in price of Bitcoin have failed to affect that of altcoins whether positive or negative movement. The same way the price of most of the altcoins increase when the price of Bitcoin increases is the same the price of altcoins are significantly reduced whenever Bitcoin suffers collapse. There' are reasons why Bitcoin is regarded as the mother coin and one of the reasons is that the crypto market moves whatever direction Bitcoin moves.

[satpol_PP]

Bitcoin surely can influence altcoins, but Bitcoin can't determine the future of altcoins. Even Bitcoin is the king of crypto, there are crypto coins that don't fully follow Bitcoin price trend. Stable coins are the examples, they sometimes have a different direction with Bitcoin. When Bitcoin dropped much, stable coins often increased their prices quite significantly. Meme coins seem not following the trend of Bitcoin, too. So, it is not true that altcoin price fully relies on Bitcoin.

It seems like this is no longer expected, if Bitcoin collapses, then altcoins will follow, right?
As happened during the transition from bullrun to bearish era, the price of Bitcoin seemed to really collapse because the drop that suddenly happened very quickly. and in the end it will change very quickly. and that will also reflexively follow Bitcoin towards the bearish era. and this cycle always happens, where Bitcoin will collapse and return to bearish and its transition for years. because of that, only the really top altcoins can follow Bitcoin's journey, if not, then ETH and others, when else can we see which altcoins can really survive and which ones can't.

If bitcoin collapses, of course altcoin will also collapse because bitcoin is the king of crypto currency and what happens to bitcoin will be followed by altcoin. We can see it in every bitcoin correction, altcoin will also experience a price drop following bitcoin. Top coins are easier to follow bitcoin in its movements because their popularity is quite high.

[Crypto Research]

I believe - absolutely. Bitcoin is still the gateway to crypto and a lot of liquidity is concentrated in BTC. So if it goes down - so will the alts!