If Bitcoin dropped back to $1000..

Too many people just now getting into the game. It would be a perfect opportunity to buy low and catch a rebound. Plus, not all altcoins are influenced by the price of BTC.

>>2598025
>not all altcoins are influenced by the price of BTC

such as?

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>>2598005
>would that be the death for altcoins?
no

>Could altcoin prices recover long-term?
yes

>Or would everyone be left holding their bags forever?
shitcoin holders hold forever yes but there will be new newbs to buy shitcoins tomorrow and new shitcoins to shill fear not, my wife's son

>>2598030
Bitbay seems to not really give a fuck

>>2598005
>everyone be left holding their bags forever

What did he mean by this. Seriously.

>>2598005

lmfao, do you know how many people would buy at 1000? That would be a once in a lifetime opportunity. You would be worth 100 million in 20 years.

If Bitcoin dropped to $1000, altcoins would lose probably at least half of their btc-relative value. So, they'd drop by about twice as much as BTC relative to USD.

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>bitcoin crashed down to $1000 from $2,500

>legitimate altcoins increase in value 2.5x almost overnight

>>2598005

One thing is for sure, if BTC goes below $1k, all alts (including eth) will be going for bargain bin prices

>>2598031
>shitcoin holders hold forever

Really this isn't even necessarily true, if you hold your bags long enough you can unload them on stupid normies as they trickle into the market over the next few years.

>>2598030
any coin that is separated to the btc blockchain