Post
Topic
Board Speculation (Altcoins)
Re: Will altcoin go up or down on bitcoin crash?
by
iron talon
on 27/11/2017, 19:34:19 UTC
Hi all!

With bitcoin flying to the moon, a lot of people expected a (huge) crash. In perspective of other crashes, how will the price of altcoins react when bitcoins drops to say $6.000? Will altcoin go up or down?


If bitcoin makes a major dump like getting down to $6000, alt coins will be down at least 50% amount and they will face a greater market crash than bitcoin faces. Alt coins are less stable during crashes.