Bitcoin Forum

What if all cryptocurrencies merged together? Cuz if it merges, then the price of Bitcoin would pass $100,000? The market cap would be at $3 trillion dollars but what will the price be for 1 coin?

Probably the same as it is, or at most double. I don't think a lot of people actually do enough research in what they're investing in to understand the differences between chains.

Exchanges will probably try to invent their own coins too if that happens or keep old coins on for a long as possible so they can make more money from trading fees.

Do you know by chance that if you merge the components of a Labo and a Ferrari and make a new car you won't get anything better nor more expensive?
Well... it's kinda the same with "all cryptocurrencies merged together", just here you'd merge the Lambo with Renaults, Audis, Latas, Tata and so on...

if everyone sold their altcoin to buy back some bitcoin. it is presumed that if they then hoard bitcoin away from exchanges that the 'supply' on the market would diminish and cause high demand on the btc-usd market

for instance back when we had bitcoin price 100x less.. at $350-$700 in 2013-5(now $35k-$70k):
the circulation supply was 13-15mill coins (now 19mill)
the average minnow market order value was 1btc(now 0.01btc)
the average whale market order value was 100btc(now 1btc)

we can see even after 8 years average orders are still only in the same range of $value being invested.

by this i mean the buy orders are still in the same allotment of $400-$700 mninow amounts
people are still investing roughly the same $ per order that they were before.

what has changed is the btc amount per order has decreased to compensate.

EG when someone paid $450 in 2014 they got 1btc. when someone pays $450 now they get 0.01

if we have another btc market supply dip, where the average minnow/whale amount goes to 0.001-0.1 then that will translate to a 1btc being $400k-$700k

..
so with all that said. there is always potential of this happening. but it would require those jumping from altcoin to bitcoin.. to the hoard btc away from markets. instead of using usd-btc markets to exit crypto. after all if they are dropping their alt(for any number of reasons) they may also want to exit bitcoin. thus cause an over supply on the USD-btc market
..
other variable scenarios are.
if people buy bitcoin on the USD-BTC market. then buy their alt on the btc-alt market. .. but do not return to the btc market via the alt. but instead sell their alt straight to alt-usd
EG
     USD
  3↗     ↘1
ALT  2←  BTC
this will cause a usd btc price increase and an usd-alt decrease

if however people buy their alt on a use-alt market, and then exit the alt via btc and then to usd
EG
     USD
  1↙    ↖3
ALT  →2  BTC
this will cause a usd btc price decrease and an usd-alt increase

I think what franky1 suggested is what op is trying to say.

Op is not worried about merging coins or their tech , but just moving all the money to one asset (not even a coin).

Something like a Whole Crypo Market Index ETF , something like that.

The thing is that bitcoin is about 40% dominance and eth 20%. With 2 coins you have 60% of the whole market value. So you can just buy these 2 to get most of its price variation. i believe that in the next bear market bitcoin will regain about 60% domiannce.

Perfect example. If you have a Ferrari that can go +300km/h, and add an engine from a Lamborghini, that can go also +300km/h, new cars engine wont go +600km/h. Same is with Renault, if you add engine parts from Renault Clio to Ferrari, it wont do same +300km/h.

Moving trading volume from alts to Bitcoin, for example, will cause a price growth in the beginning, as Bitcoin owners will try to sell their crypto more expensive, but later the price would go down and normalize. It will be sort of a pump and dump, but without hitting bottom.

What you mean merged? Like several projects combine? That would be good however that is only few chances to happened. There are some projects that collided but only few of them. Actually having more projects are good but we should be only having those big or moderate one instead of those small one that didnt help the market cap of all cryptos. I think even bitcoin alone could survive the market.

I disagree.  If everyone moved to Bitcoin, we would start noticing effects of scarcity.  I understand what some try to say here.  Market cap is price x supply so even if everyone moves their shit coins into Bitcoin, unless the price changes the market cap will continue to stay the same.

But.  If global market cap is 3 trillion, Bitcoin's is 800 billion and everyone moves to Bitcoin.  Then you have 2.2 trillion merging into an asset that is worth only about 30% of that.  Now you have two ways to merge and they both have a strong impact over Bitcoin.  Either you do it through some kind of emerging swap like a cross chain version of Uniswap by buying Bitcoin for your shit coins or you sell your shit coins first, buy Bitcoin and withdraw.  If you sell all your shit coins then you will not have 2.2 trillion USD entering the market anymore because most shit coins are easy to dump.  But you still have a ton of money entering Bitcoin's market.

Now if demand increases and hundreds of thousands or millions of users are moving to Bitcoin then the price HAS to increase.  That is unless a bear market comes up, but I suppose we are talking about the ideal situation in which market stays approximately the same.  What I would expect is that less Bitcoins would be available for everyone and automatically the price has to increase to sustain the overflow of investors and users.  If Bitcoin's supply is 1 Bitcoin and you want half of it.  Then I obviously do not want to lose my worth so to make room for you I have to double the price.

Am I getting this wrong?

-
Regards,
PrivacyG

Well, from what I understood, OP wanted the projects merge, not the buyers.

For all the buyers buy only Bitcoin you basically need to either convince everybody only buy bitcoin (not possible) or somehow disallow/deny existence to all the other crypto projects (also not possible).
And making "what if" calculations for things that will not happen are, sorry, pointless...

If I understood OP correctly, I think what you have here is a false analogy. I guess OP does not refer to a technical merging of all cryptocurrencies. I think OP means that the entire crypto market has only Bitcoin as the sole currency. In which case, I think the price of Bitcoin will rise beyond $100,000. Imagine if everybody who is shelling out money for all kinds of NFTs would instead spend their money on Bitcoin. That must have a significant effect on Bitcoin's price.

no one should ever care about market cap.. or use it for any statistic.

the market cap is not a measure of anything real.
its not based on any dollars held in reserve pegged to an asset.

i can easily make a new altocin tomorrow and have a 1trillion coin pre-mine.
and then announce i only want to sell one amount of 0.01 of them coins for just $1
and with that $1 of actual usd in-use.. will create the metric/valuation of my coins market being $100trillion

i can surpass bitcoin market cap by 100x from spending just $1

i can make bitcoin look like 1% of 'crypto' and my coin look like 98% of all crypto. for just $1
so can people stop emphasising or thinking that market cap is of any significance.. because its not

market cap is just a generalisation of all the coins of an asset in circulation multiplied by its current temporary price.
it holds no meaning of any large actual value of actual dollar held somewhere.
and anyone can mess with the market cap by making loads of crap coins.

market cap is about as foolish a statistic as saying trying to work out your own human body weight like this:
i eat 1 quarter pounder today.
in my lifetime i might eat (1*52*70(one a week for 70 years of life)
then use that 3640 quarter pounder number to say my body weight today is:
910lb's

yet my real body weight is no where near that.

Don't worry.

We'll be there somewhere that most people are going to be merging with a very major investment and have that venture as a community. And it's going to be in bitcoin.

With lot of choices for altcoins, still, there will be one idea that will make all of us get into bitcoin because it's the safest and the best investment in the crypto market.

Different cryptocurrencies are based on different blockchains and it will not be possible to merge them. If you say that there should be only one crypto, that is, bitcoin then it will not mean that all the market cap f altcoins will go into bitcoin. Bitcoin prices more or less will remain same however we may see the decline in the overall marketcap of crypto currencies.

If it was done so it would be a great disaster for all crypto as nowadays crypto is not about price for 1 coin only, it is a wide system of different projects aimed on different things. If to merge IoT projects, document flow projects etc in one bitcoin we'll lose lots of ideas which potentially can grow in independent projects. The diversity and decentralization are valuable gems of crypto, no need of constructing a centralized decentralized cryptocurrency monster.

What you are saying is never possible, as many have already explained with many beautiful examples, let me give you another example, suppose you like mango litchi strawberries, now if you mix three together you will get three together.  But you will not get the distinct taste of mango litchi strawberry.

This sounds like the most stupid idea I've ever seen. ;D
How could the PoW and PoS blockchains get united into one big blockchain?Any idea about this,OP?
What's the point of Bitcoin merging with a thousand shitcoins and useless tokens?
What't the point of Bitcoin merging with centralized shitcoins like Ripple or even stablecoins like Tether?
Is this even possible?
The cryptocurrency industry needs competition,not cooperation,event though all the altcoins aren't real competitors to Bitcoin.
Many altcoin/shitcoin developers clearly hate Bitcoin Core.Do you think that they will join forces with the Bitcoin Core developers?I don't think so.

If this impossibility were ever to happen (if ever) that means monotony will be the order of the day with cryptocurrency. That will surely suck. Come to think of it, what then happens with Bitcoin the pathfinder without a smart contract? This industry is able to grow to this level because ETH's smart contract allowed other projects to spring up and that is replicated across with some newer projects allowing others too.

But of course, this is all hypothesis. OP is just trying to get confusion out of their body system.

What exactly do you mean by merge? If you mean merge multiple cryptocurrency network into 1 big network, it's impossible since each network have different protocol.

If you mean having different projects fused into one coin then that alone will not affect the price in any way. The only way the price will rise is if investors will still believe in the system and if everyone takes their coin off the exchanges and store them in a non custodial wallet limiting the general supply. Availability of stocks is what keeps the prices down but scarcity makes prices to skyrocket  

As others have said this is literally not possible. The different types of blockchains for one won’t allow this to be possible, the different coin development teams would not be on board with this, etc.  It simply makes absolutely no sense at all. Bitcoin needs to stop being so much about “gains” as it should be about the underlying technology.

merging of coins is like combination of five or ten project together with same value, so from my perception that won't make cryptocurrency especially bitcoin to increase to that your expectations, because their is no cogent reasons or point that is convincing that will make togetherness or combination of coins or projects to accelerate to up one hundred thousand without the determination of the market speculation.

Whats merging in the crypto currencies?

Thats dope man!

Like all the money coming together and getting invested into one coin even if you buy lets say ETH and the money actually goes into Bitcoin.  ;D
I dont know what kind of merger you talking about but that is certainly wont work at all. For example, every coin has their own CEO, they have different project ideas and they are getting invested for that particular idea in the hope that people will invest on it and the coin prices will rise just like share market stuff.

First of all these owners will never come to one page neither they will like the Equity gone to one coin because thats not their goal here.

There can no longer be a single cryptocurrency. As it cannot be uniform in style and type of clothes, shoes, food, cars, housing and everything else. Cryptocurrency can develop precisely due to the variety of its applications and the variety of its functions. Combining all the current functions of the cryptocurrency into one is inexpedient and probably already simply impossible. Cryptocurrency will definitely lose a lot from this.

A bit of exaggeration, in most cases the real value would be the one of those old wunderbaum air freshener that you can use in every car.  :D


Not really.
If Volkswagen and Toyota would merge it would mean they will sell 10 million or 10+10 million cars?
Besides, we're talking about cryptos, a few lines of code and from litecoin you make dogecoin. there is no welding involved.


Different foods are used for different needs, cars and houses have different styles and sizes because of the price, clothes are for winter and summer men and women. Cryptos must dow one single thing, transfer value, everything else is just pump and dump gimmicks.
Tell me what advantage the average Joe has by using Tellor over Akropolis ?
Where, when, and in what circumstances is one better than the other?
Or rather than that, why should one use them over bitcoin at all?

Well, we have senior colleagues here who will share their various perspectives on this, but I will also say something about it.
Many investors will not have invested if all cryptocurrencies are marged together as you suggested, and the cryptocurrency community/world will have no competition, hence Bitcoin will have lost value by now.
However, the introduction of Altcoins has made crypto a topic of conversation in numerous countries around the world, as well as ensuring that Bitcoin retains its value and the trust that people have in it.

I thought it wouldn't work. Some of the main functions of them have to be removed because they conflict with each other or there is an advanced version. In addition, there is a need for consensus approval of global crypto companies given the willingness of each developers to build 1 very complex code stack.

Never thought of it and I'm sure it never will. How do all coins merge together? each coin is created on a separate blockchain and used for different purposes. Crypto is an extremely competitive environment if your coin doesn't keep up with the trend it will soon be replaced by another so how can they consolidate.

And if it is possible it happened already long time ago but if let say it is possible what happens is I think the blockchain of btc will be extended and bitcoin will have different use cases other than what it have now. The money on other crypto are all going to be added to bitcoin making the value of bitcoin go to the moon. Can't imagine what it will be but maybe a 1 million dollar for each btc is now going to be a reality.

Yeah, the competition in crypto is strong. Each project is doing their best to overcome the other project and climb through the ranks but no matter how hard they try, bitcoin will always remain at the top spot. They should accept that fact.

I also do not understand what he meant by "merge all cryptocurrencies together". Maybe he meant they will all begin using a single blockchain? But I believe that would only be possible with Bitcoin clones, like BCH and BSV ...

If he, for example, wants Bitcoin to merge with the second biggest market cap altcoin right now, Ethereum, then one of those two cryptocurrencies would have to lose some of its fundamentals in order to merge. This would indirectly mean that this cryptocurrency loses its only advantage over the reference cryptocurrency, which would result in a complete loss of value. Therefore, in my opinion, one cryptocurrency will simply cease to exist but the remaining cryptocurrency will not gain in value because there will be no new fundamental values.

I think the scenario that you really want to discuss is what if all the altcoins disappeared instead of some sort of merge, however if that happened then I do not think the market cap will go as high as you think it will go, the market cap of most altcoins is many times lower than what you believe, however the real benefit in that scenario will come from the fact that people will not be scammed by shitcoins anymore, and as such they will invest more money in bitcoin as they will not experiment the losses and the trauma of losing their money to scammers anymore and they will have a higher trust in this market.

Different cryptocurrency have different method of operating, their protocols and blockchains vary from each other and can’t  be compatible with each other. Besides some altcoins(shitcoins) are centralized while some are decentralized in nature hence, they can’t be merged.

Aside from that, they have totally different set of development team, who have different targets for the project. It will be a mess if all alts will be merged together. And feasibility wise, this won't happen as each project has certain objectives and they are catering a different industry. Different network, different objectives - merging is not possible. Just consider that it will be a massive number of people that will come together and that would be chaos as they have different concepts or ideas on how things can be done. And besides, most of these alts are crap projects with mere objective of pocketing money as much as they can.

when each cake has its own recipe and method of making it we cannot make it with one concept because it will taste different even though we can sell it for one price and one currency and sometimes this difference is what makes it valuable in today's systems crypto and blockchain.
 And together time bitcoin will pass $100,000, will we get it...???

What if all fiat currencies merge together? In as much as fiat is centralised, check out how it will look like. Who will control the merged fiat? Will China allow USA manage her Yen under the proposed merger?
Take same to crypto.
Which protocol will be the consensus protocol?
Maybe the merged crypto will run on Tron or Polygon network.
What will happen to traders my brother?
There's nothing good as having an alternative.

Which is absurd and never comes true in this space. OP, where do you think you know this market? We hear a lot about BTC but not everyone is willing to buy and hold it when the hurdle is the greatest hard-to-reach value. And the choice of altcoins is not necessarily when the solutions in the space are all implemented by altcoins. So this market is not formed and maintained by a single thing. Do not complicate a pointless problem for everyone.

Exactly as I thought also, some coins are built under Binance Smart Chain, some are under Ethereum chain, while some are under Cardano chain and lots more. Almost all of them have different views and aspects they considered. They have different development team therefore margin them together cannot be possible and even if it's possible it will never add to the development of cryptocurrency world.

I would not guess that it would go back to what it is right now, the amount of people who sell will not be as big as the people who buy. The market cap of the whole crypto world would drop, and significantly as well, but the marketcap of bitcoin would be so much higher.

There will be like a trillion that go in, and even if like half of that is gone, the other half would still be there and the price would skyrocket for sure. We will have like 500k per bitcoin price, but the total would be lower than the total crypto marketcap of right now. This is why I do not feel like it means anything, it doesn't really mean anything at all if you ask me and shouldn't even be considered a good idea. Not like it can be done anyway.

What if all cryptocurrencies are already working together like gears in a machine. Blockchains interacting with each other to move funds around the planet. This appears to be what is happening, as Bitcoin’s largest volume use case is to purchase altcoins. A future not with one chain but hundreds all constantly moving funds back and forth is the realistic crypto future for me. There’s just too much money being held in too many different chains with too much focused development for any other scenario to play out. One might argue that will be true decentralization.

I know the OP's point here is just that if all crypto is combined, it's just a question that can never be realized.

However, cryptocurrencies have several ecosystems that do stand alone without being able to join other ecosystems, connecting ecosystems with one another can only use a bridge.

If it can be combined and there is only 1 coin, then I guarantee that no one will be interested, because this cryptocurrency has many ecosystems and coins that provide a large volume in every transaction made. Just look at the many new innovations that have emerged with many crypto assets, if there is only 1 coin, of course there will be no other developments, only rotating on that 1 coin.

Not all coins are the same, each coin will have its own mission and function.

Don't expect and hope all crypto merge together, this will kill the crypto industry as it takes away the competition and innovation of each coin. We should remember that cryptocurrencies got where they are today thanks to the fierce elimination of the market created and only really good coins can survive.

This is only true for really low volume assets, which are a very specific situation

Mrketcap is a very useful metric that is used not only in cryptocurrencies but in stocks as well. It is used  to create indexes, for example

If all crypto is combined I'm not sure this project will run smoothly, because coins have their own advantages and have their own weaknesses, if we combine we will definitely lose creative ideas, basically the more projects that run the better for us,

That's of course true, but the idea is similar to "what if all the altcoins disappeared?"

The result would be that some altcoin investors would leave the space because they're only interested in their own projects. I can't imagine someone who buys NFT's to suddenly switch to bitcoin once these are gone. This is just an example of the mentality of some altcoiners. They think their project is the best (like Roger Ver with his BCH and faketoshi with his SV) and they'd rather leave the space or start doing something else once there's no altcoins.

Anyway, price of Bitcoin would go up if that happened somehow, but the total market cap of the space would drop by a lot.

                I'm not sure what op is trying to say here. Are you asking about what would happen if all crypto currencies merge together and become a single coin or do you mean selling others and going for just a single crypto currency which is bitcoin? For the first one, it will be utter chaos. The first reason as to why we have so many right now is because others wants a function that the other doesn't want. Like centralised and greatly decentralised to some extent. Now if you meant going all in on bitcoin, then it would mean that most of the normal people will be rid of the chance to get their hands on even some cheap satoshis. Only the rich and capable would he able to acquire any or the ones that already have been hoarding ever since. Whichever the case, none of the two would work.

By theory if all cryptocurrencies were merged together, I think the effect would be minuscule to the point that most will not even realize that such happened. Before the creation of all altcoins, Bitcoin was the first crypto that entered and introduced everything. Its fundamentals were somehow shared with other altcoins- so we can say that everything exists because of Bitcoin.

Now like what most have mentioned also, merging all cryptocurrencies into one would result to it becoming an investment opportunity for everyone where it would be at the same position when BTC was first introduced.

I don't think it's technically possible at all. There are very different platforms with different consensus mechanisms, different fees structures, levels of centralization and other things like that. Not to mention that lots of altcoins are completely worthless, so if such an integration were possible, they'd greatly benefit from it, and others would suffer from it. Overall, it's just a very bizarre, confusing and very anti-decentralization idea which, luckily, will never become reality. If such a thing happened, I think there would be too many coins of a currently (the merged one), the trust would fall significantly, and the market would shrink.

Doesn't seem like a logical hypothetical. Would you combine commodities like gold and oil together? Each crypto is a single entity with an independent protocol. If you're talking about a hypothetical "if alt coins never existed" and assumed the value of every other alt coin would translate to Bitcoin, it wouldn't. Bitcoin doesn't have intrinsic value.


Market caps can be inflated. No use in measuring the legitimacy of a crypto currency using market cap.

As to me the main thing is that is really anti-decentralized and that's why will never be done by crypto community. But as for technical possibility it is possible in theory by series of iterations of hardforks with integration of data from one ledger to another one. I don't see any reason in such merging and radically against it but can see a variant how technically it can be done.

               Indeed it doesn't. And even if we say that we all start from scratch without any crypto and just start out with a single one like bitcoin but with a different name and utility, people will still create altcoins because there will always be a specific type of people who would want another feature that the first crypto doesn't have or would want to improve some of the features it has. And there are also the profiteer type of people who would create another for the soul purpose of profit(may include ones that want both profits and contributions to innovations).


               I also agree with this. Nothing can save you from scams or poorly made/managed projects other than your extensive research and resourcefulness. Be it coinmarkecap, coingecko, etc., etc. While sites like coinmarkecap can help, it cannot feed you anything you need to know about a project/coin and its developers, community etc., you will still have to do some ground work yourself to really understand what you are getting yourself into.

Having additional projects is beneficial, but we should focus on those that are large or moderate in size rather than those that do not contribute to the overall market value. It is far preferable to combine cryptocurrencies with significant influence over bitcoin. The price of Bitcoin could rise if demand grows and hundreds of thousands or millions of people switch to it. 

I don't think it's a good thing to combine all the existing coins into one. Because everyone has their favorite coins, what is feared when combined is that they will be difficult to use. Even though these coins are difficult to control, if you are used to using these coins you will will begin to understand what the characteristics are like, even though they are not comprehensive. But the good thing that comes from merging this coin is the stronger the crypto foundation because the value of the merger will bring up fantastic prices where many people support it from many layers.

If all altcoins disappeared, then we would have a big problem, being merged means it basically continues to live but within bitcoin itself, but if they are all suddenly gone that means they are vanished without any sign at all. That's why I do not think that it would be the same thing, because altcoins can't be vanished and the market could go on, if that happens then we would have millions of people that lost billions of dollars total and that would be horrible.

However, if it all merges into bitcoin, or just one new created coin that merges everything together, that would still be pretty bad but at the very least it wouldn't be totally gone, bit slightly better.

It is really just impossible to think that there would be no developers/creators would really consider on not to make something new against with Bitcoin or building something better.
If its been merged then we wont really be seeing any dominances or competition yet everything would be focused on a single point and that wont be called a market i should say.
Lets just not make things complicated on things which wont really happen no matter what but i should say that having only its existence on the market doesnt mean high price or valuable.

when combining all crypto into new crypto I think it needs a process of redevelopment where as we know between bitcoin and ETH alone there are different networks like water and oil in real life which are difficult to combine, it takes a long process to make it happen,
but with patience we are sure that btc will reach 100,000$ later, don't be careless and assume that btc and other crypto can be combined,

I would be radically against it as well. However, imagine like one token promising very good returns if you throw your coins in there, it wouldn't get ALL the coins, but it could potential ask for all the coins, asking doesn't guarantee returns but they could at least be big. How? Well how do we do DAI?

We send money in, and instead have something in return, same logic, we could have a project that accepts you paying with everything, delete all of that, and instead give you their tokens that worth the same, and then we would all try to keep that high. It wouldn't work, people would hate it like you and I would, but it could definitely be done technically speaking.

I am not sure what real sense that would make? Diversity presents a better ecosystem for new developments and that constant push and pulls that happens between projects is what drives them further. The architecture is completely different, the approaches are different, the usability is different...Even if I didn't think that it was a bad conceptual idea, I don't think it would technically be possible. And it would kinda kill the idea of decentralization in a way.

There's no way all cryptocurrencies will merge together and the idea is just like telling all the world governments to merge their fiat currency into one world currency when we both know that it is impossible since some countries are governed by Marxism, while some are governed in the individualism way. The same thing happens in the crypto market every crypto creation is created with a different concept.
Meanwhile, Bitcoin will pass the $100K price but it's too early now.

I have a very different thought from the others, first I am not in favor of something like this happening, because it would be like telling the owners of all those projects to merge and stop earning everything they are earning so that it can be distributed by the Other than that, it would not come close to Bitcoin, they do not even come close to a miserable competition, because it would be new, it would be without history, we could not talk about Hodl or any other term like BTC because they would not have a life of their own, even so they manage to do something I think it would be a failure because they couldn't take down the King and the King is BITCOIN.

Even technically it won't be possible, I am not sure for the forks though as I am not really fan of those.
For price, it isn't just that easy to say that it would go by means of 100k.
From how many shitcoins are out there in the market, I have a feeling that it will bring Bitcoin down also.

We can say it is in the similar state, you know most of the coins are traded with BTC, they are valued out through BTC. The more coins made are, the more fiat money comes in due to new investors entering crypto. Now if those new coins are deemed to fail, either the holders convert it back to fiat or they choose better options like BTC, that is why it is possible to reach that 100k mark even no merging is occurred. We just wait for good news around the world, new investors come in and then boom, prices surge.

The price for 1BTC is always 1BTC. It only depends on how much someone is selling 1BTC at for a certain fiat value.

Altcoins exist to prove the difference of opinion among people, they are not agreeing on everything that bitcoin has to offer but they want their own coin to fill the gaps. Therefore altcoins exist.

What you say, like merging them all, is technically and ideologically not possible, but their combined fiat value can be calculated. Such changes would not be occurring all of a sudden either.

Speculation about coin merging is fine, but very unlikely to be realized in reality. It is true that the price of bitcoin will be high when all coins are combined because all coins are associated with bitcoin. But if that happens it is possible that the price on each coin remains below the bitcoin price and will not exceed the bitcoin price.

If you are saying to merge all the currencies then it will be very difficult as many are very different in fundamentals and utility. And if buyers merge then you have to remove all other currency from the ecosystem to prompt everyone to buy one currency.