Bitcoin Forum

Other => Beginners & Help => Topic started by: uporabnik322 on March 03, 2018, 10:38:14 PM



Title: Bitcoin and Altcoin prices?
Post by: uporabnik322 on March 03, 2018, 10:38:14 PM
Quick question,

If we have let's say the altcoin "Xo1" at 200Sat and the bitcoin goes up for 100% and nobody sells "Xo1" in that time how many satoshi will be worth?


Much thanks for your answers!



Title: Re: Bitcoin and Altcoin prices?
Post by: AdolfinWolf on March 03, 2018, 10:52:06 PM
Quick question,

If we have let's say the altcoin "Xo1" at 200Sat and the bitcoin goes up for 100% and nobody sells "Xo1" in that time how many satoshi will be worth?


Much thanks for your answers!



It will still be worth 200 satoshi's if no one buys or sells XO1, bitcoin going up in dollar value doesn't change the amount of satoshi's it is worth (100 million) ( in the hypothethical scenario you created where XO1 isn't being sold or bought in the time between)

But ofcourse the dollar value for XO1 will change by 100% ( if bitcoin would go up in $ value by 100% and XO1 isn't being bought or sold ( stays at the same price)).