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Author Topic: Bitcoin Boom to $100K Will Destroy Altcoins  (Read 1970 times)
BitFinnese
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May 07, 2019, 04:06:37 AM
 #21

I do not think that an incline in the price of Bitcoin no matter how big it is will destroy altcoin.  Altcoin creates its own value and is not inversely proportional to the price of BTC.  The destruction of Altcoin depends on their performance in the market.  If an altcoin is proven to be worthless, even without any increase of Bitcoin price, will definitely be destroyed.
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May 07, 2019, 04:25:20 AM
 #22

Releiable and legitimate alternative coins will never die, rather they will grow together. All of them are paired with BTC, so it wil be a thing of continuos rejoicing if BTC should  attain $100,000 per Bitcoin. I cannot wait to see this happening.

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May 07, 2019, 04:41:29 AM
 #23

First of all, bitcoin is not going to get 100k so soon, it would take some time. On the other hand, i don't think that all altcoins would die. Some good altcoins like Ethereum, Cardano and many others would still be there.

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May 07, 2019, 04:51:58 AM
 #24

First of all, bitcoin is not going to get 100k so soon, it would take some time. On the other hand, i don't think that all altcoins would die. Some good altcoins like Ethereum, Cardano and many others would still be there.

Assume bitcoin reaches such value what will be worth of next level altcoins? I still believe that we could have find good growth in altcoins when the time bitcoin value was emerging.
Proof is there on 2017 time price chart to see how much level altcoins performed along with bitcoin.

 
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May 07, 2019, 04:54:59 AM
 #25

If it is that it is up to 100 thousand dollars will fly,he just immediately pull all the violas,now as not cool viola tied to bitcoin,and if bitcoin starts to grow,people will immediately have faith in the future,and the ambitious future of the market,and will buy altcoins)

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May 07, 2019, 04:55:51 AM
Last edit: May 07, 2019, 06:03:07 AM by Callanta787
 #26

Last bullrun doesn't erase all altcoins I think the next one won't kill off altcoins either and even the dead altcoins will rise from the dead ,every altcoins will be profitable for sure,about the 100k prediction I thinks its way too much for bitcoin to hit that price

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May 07, 2019, 05:04:13 AM
 #27

Bitcoin Boom to $100K Will Destroy Altcoins, Predicts Crypto Firm – BTC, Ethereum, XRP, Litecoin Forecasts
A crypto venture capital firm led by Wall Street veteran Max Keiser says Bitcoin will rise to $100,000 at the expense of all other crypto assets.
https://dailyhodl.com/2019/05/06/bitcoin-boom-to-100k-will-destroy-altcoins-predicts-crypto-firm-btc-ethereum-xrp-litecoin-forecast/
I think only some useless altcoins will die.
Do you think all altcoins will die if bitcoin reach $100k?
Disagree, I think BTC price will grow together with other big altcoins like it was at the end of 2017. But certainly, many of the old useless altcoins will die
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May 07, 2019, 05:12:49 AM
 #28

Bitcoin Boom to $100K Will Destroy Altcoins, Predicts Crypto Firm – BTC, Ethereum, XRP, Litecoin Forecasts

A crypto venture capital firm led by Wall Street veteran Max Keiser says Bitcoin will rise to $100,000 at the expense of all other crypto assets.

https://dailyhodl.com/2019/05/06/bitcoin-boom-to-100k-will-destroy-altcoins-predicts-crypto-firm-btc-ethereum-xrp-litecoin-forecast/

I think only some useless altcoins will die.

Do you think all altcoins will die if bitcoin reach $100k?


Shitcoins have no place for a long term position and if bitcoin hits the peak again then I expect that top altcoins will also pump. I don't expect top altcoins to be dead when the spike happen, they will also ride the train and go beyond other coins. If altcoins becomes dead, some coin will replace their position and give a good system to us. More altcoins will go and come, so learn not to hold useless coins.

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May 07, 2019, 05:24:32 AM
 #29

Bitcoin Boom to $100K Will Destroy Altcoins, Predicts Crypto Firm – BTC, Ethereum, XRP, Litecoin Forecasts

A crypto venture capital firm led by Wall Street veteran Max Keiser says Bitcoin will rise to $100,000 at the expense of all other crypto assets.

https://dailyhodl.com/2019/05/06/bitcoin-boom-to-100k-will-destroy-altcoins-predicts-crypto-firm-btc-ethereum-xrp-litecoin-forecast/

I think only some useless altcoins will die.

Do you think all altcoins will die if bitcoin reach $100k?



this really good news if bitcoin will touch $100K
for now bitcoin Dominance about 55.7% depends on coinmarketcap data
then, if bitcoin price touch that level and the majority of altcoins dies, maybe bitcoin will dominate more than 65% from market capitalizations

i believe most of crypto believer will be happy if this predictions become true  Wink

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May 07, 2019, 05:25:25 AM
 #30

If Bitcoin's price hits $100k, I believe it may destroy other altcoins especially those that have poor development and has less community as investors will shift their money to bet on BTC but I also believe it will take other Altcoins to new all time highs and could compliment them since there has been a correlation on BTC's price to Altcoins price which are evident right now. I believe when this happens, we might see new trends in crypto markets which has never been experienced before.
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May 07, 2019, 05:27:32 AM
 #31

Bitcoin Boom to $100K Will Destroy Altcoins, Predicts Crypto Firm – BTC, Ethereum, XRP, Litecoin Forecasts

A crypto venture capital firm led by Wall Street veteran Max Keiser says Bitcoin will rise to $100,000 at the expense of all other crypto assets.

https://dailyhodl.com/2019/05/06/bitcoin-boom-to-100k-will-destroy-altcoins-predicts-crypto-firm-btc-ethereum-xrp-litecoin-forecast/

I think only some useless altcoins will die.

Do you think all altcoins will die if bitcoin reach $100k?


In the next five to seven years, Bitcoin will not reach the price of one hundred thousand dollars, and this price for any cryptocurrency seems to me problematic at all.
Now on the cryptocurrency market there are a lot of promising coins and tokens, which are much better than bitcoin in terms of functionality. Therefore, I don’t think that if bitcoin will grow in value significantly, then altcoins will die due to the fact that capital will flow from altcoins to bitcoin.
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May 07, 2019, 05:52:13 AM
 #32

I don't think with Bitcoin's price boom to $100k, altcoins will be destroyed. Altcoin which has a function in its implementation of the global market needs will continue to survive and even follow the rise in the price of bitcoin. We can take an example when bitcoin price soaring last year, altcoins price also went up. But only real altcoins with real implementation and development, not shitcoins  Cheesy
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May 07, 2019, 05:56:40 AM
 #33

Alts must have gained their ground and support by then. If I'm right, this boom will not happen once within the short spikes and downs viable Alts will gain support and rally along. It's true some Alts will die in the process but not all.
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May 07, 2019, 06:07:31 AM
 #34

I don't think so bitcoin increase to $100,000 will kill the price of other altcoins rather it will increase they price, if you have studied the cryptocurrency market movement you will realize that most of the altcoins depend on bitcointalk to make market even just like in 2017 during the all time high price of bitcoin to $19000 ethereuem was around $1500 and BTC raised up to #3,000 and when bitcoin price fall in 2018 their all followed the same trend.
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May 07, 2019, 06:10:05 AM
 #35

Most of traders already holding their portfolio's half on BTC. So most of them will be pleased if your claim will be true Smiley

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May 07, 2019, 06:56:00 AM
 #36

I don't think so bitcoin increase to $100,000 will kill the price of other altcoins rather it will increase they price, if you have studied the cryptocurrency market movement you will realize that most of the altcoins depend on bitcointalk to make market even just like in 2017 during the all time high price of bitcoin to $19000 ethereuem was around $1500 and BTC raised up to #3,000 and when bitcoin price fall in 2018 their all followed the same trend.
its depend on bitcoin dominance in market.if bitcoin continue its dominance and could stable above 52% , i think is is not good for market stablization.we need it around 40% so bitcoin and altcoin price could balance.but i am sure while btc hit $100k, investors and trader prefer to hold bitcoin
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May 07, 2019, 07:05:28 AM
 #37

I do not think so it will destroy altcoins because most of the altcoins will depending the ride on the price of bitcoin, i think when bitcoin boom to $100k there are lots of altcoins will be more profitable and that is the chance to earn more profit.

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May 07, 2019, 07:10:24 AM
 #38

First of all, bitcoin is not going to get 100k so soon, it would take some time. On the other hand, i don't think that all altcoins would die. Some good altcoins like Ethereum, Cardano and many others would still be there.

Assume bitcoin reaches such value what will be worth of next level altcoins? I still believe that we could have find good growth in altcoins when the time bitcoin value was emerging.
Proof is there on 2017 time price chart to see how much level altcoins performed along with bitcoin.
Not only in 2017 but the correlation of the bitcoin trend and altcoin trend has already happened from the beginning of the crypto. Op needs to learn more about the whole time chart of bitcoin and altcoin.
2017 can be a really strong proof about the consolidation of the bitcoin and altcoin price. But remember it has started when ethereum has already created and the tokenization has begun.
If we can try to create a comparison between ethereum and bitcoin char started from when ethereum was created and there was a similarity.

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May 07, 2019, 07:11:16 AM
 #39

I think he means that all the alts will be under pressure if btc sees a massive or explosive bull run and that is very true we have always seen that whenever btc is on parabolic run its value increases rapidly and on the other hands alts value go down in btc terms.

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May 07, 2019, 07:11:50 AM
 #40

Bitcoin Boom to $100K Will Destroy Altcoins, Predicts Crypto Firm – BTC, Ethereum, XRP, Litecoin Forecasts

A crypto venture capital firm led by Wall Street veteran Max Keiser says Bitcoin will rise to $100,000 at the expense of all other crypto assets.

https://dailyhodl.com/2019/05/06/bitcoin-boom-to-100k-will-destroy-altcoins-predicts-crypto-firm-btc-ethereum-xrp-litecoin-forecast/

I think only some useless altcoins will die.

Do you think all altcoins will die if bitcoin reach $100k?



If/when everyone will try to move their bitcoins and won't be able because of high fees and slow transactions people will use alts again to move money.
It's enough to see that name to know this is all bullshit, Max Keiser is another shitcoins' pump and dumpers, I would ask him how is his shitcoin Maxcoin doing so far...

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