Post
Topic
Board Speculation (Altcoins)
Re: What if its falls! Will altcoin survive?
by
jaberwock
on 10/08/2023, 07:26:02 UTC
It looks total crabs that without btc altcoin has no value streaming on its own. I observed several occasions when btc experience downtime, it affects the rest of the altcoin and when it pumps altcoin experience likewise.  I classified bitcoin as 🚜 tractors that levels prices of altcoins. ETH is second world best crypto that occupied core ria marketcap in the crypto market but yet it cannot survive without btc.
but you did not mentioned about how altcoin moves in the past years without bitcoin moving up?
and that is what we called altcoin season.
I think that will not happen, I mean not anytime soon at least. I still think that we can make a retirement plan that involves bitcoin without fear and it should be fine. However, if we plan on something like this then we could always say that you are right and alts will die too. Whatever has caused bitcoin to be zero or near zero, will not pity alts and keep them that way, they will all be gone and be zero as well, that's just how it is.

I know that it's hard to accept that, but that's the reality. It's going to be a tough situation to be in, but it's going to be fine. I hope that it gets to a point where we are talking about something unrealistic to me, like having gold go to zero, it's as unlikely as that if you ask me.