Bitcoin Boom to $100K Will Destroy Altcoins

[OrangeII]

Of course not all altcoins will survived in a long time specially when bitcoin price goes to like $100k. Investors will shows sell their altcoins and move their funds in bitcoin.

But altcoins specially in the top 10 will survived. Because they have existed for so long that people will tend to invest and trust like ETH, LTC.

you're right, maybe not all altcoins will get high prices when the price of bitcoin becomes very high, because everyone's interest will be different. I think, an altcoin that can survive when that happens, will have a very high price. but we don't know when that will happen  

[Caladonian]

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?

I don't think so because  it could be that some of those shitcoins will die but not those trusted and has potential one's. Those that are having good perfomance in the market will surely be going up instead of dying. We all know that Altcoins are dependent with Bitcoin's price so if it goes up and down then Alts will follow that trend. If that is true I think we need to buy some now and wait for the Bitcoin's price to achieve that range.

Most of those totally shit projects will die with the pumped that will happen to bitcoin, interest will be kept inside bitcoin and those alts who can work alongside of this coin, many of speculator will focus with alt coins that have real usage and will no longer support any pumped and dumped projects, we are seeing how adjustment has been made by real investors and supporters of crypto community, seeing how strong the movements give a good insight of those future success that will happened around.

[Lonthe]

Of course not all altcoins will survived in a long time specially when bitcoin price goes to like $100k. Investors will shows sell their altcoins and move their funds in bitcoin.

But altcoins specially in the top 10 will survived. Because they have existed for so long that people will tend to invest and trust like ETH, LTC.

Even when the price of bitcoin reaches $ 10,000 then many altcoins die, competition from more than 2200 coins and tokens certainly makes it difficult for many coins to survive and surely many coins will die.

[sopanbmp]

Only shitcoin will gone if that was realy happened. but I think bitcoin will never reach that price with only a few year. I'm not realy understand with altcoins market cycle, it weird thought. if price of Bitcoin is down altcoins are will down as well, and if bitcoin price was increased altcoins are down   only one conclusion that I have found, time to buy altcoin is when the price of Bitcoin is stable.

[Chika08]

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?

I doubt if that we'll ever happened. If the price of Bitcoin increases, it will definitely boast the prices of altcoins as well and not kill them as said by the writer.

[rachman mahesa]

If that really happens it certainly doesn't destroy the altcoin, but it will make the altcoin increase too. Because usually if bitcoin increases and decreases naturally the altcoin will follow it. indeed this is only a dream, because I think it is very difficult for bitcoin to break the $ 100k mark.

[coinplus]

Not only it will not destroy altcoins it will on contrary make them super expensive as well. People who have seen very few rises and falls like this who are noob on the subject of bitcoin never seen what happens to altcoins back in the day so they assume this is the norm when bitcoin goes up. The real deal is when bitcoin goes up the altcoins lose value in bitcoin but they stay around the same on dollar value and after a while when bitcoin stays high and doesn't move they go up as well.

For example, if bitcoin becomes 100 thousand ethereum will be still around 150 dollar value but the bitcoin value will fall, then when bitcoin stays at 100 thousand for a month or two then ethereum will start to back to what it used to be in bitcoin value which will result with a big increase in dollar value of etheruem. It is always like that, altcoins "follow" bitcoin but bitcoin needs to stay high for a while.

[Alpinat]

I don't think so. Altcoins have different purpose on bitcoin they have each purpose and bitcoin's value affect them and they will actually increase if bitcoin increase so it won't destroy them. It will just make them more healthy. I just hope that $100k bitcoin will happen in the future.

[Indrawan77]

I think most of the alt coin will suffer if bitcoin price is rise that high, too high dominance won't be good for crypto market, but as we know we only need the strongest coin, we don't need too many coin with weak performance, so the alt coin itself will need to improve a lot if the bitcoin price really go that high

[FanEagle]

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?

Well, based on my own opinion, I think it will I turn help most altcoins grow in price, my take is that most people may see it as being to expensive them to acquire and may fall back to some altcoins that will be cheaper then for them to invest in.

Secondly, every project with different purpose and objective, there are some places bitcoin cannot function, there are some coins that are used solely for internal function, and so even if people are using bitcoin and making investment with it, they will still make use of other tokens available in the market. Moreover, based on the history of bitcoin, it has always served as catalyst for other altcoins when it rises.

[SirLancelot]

Altcoins didn't die when Bitcoin rallied from $10 to $1,100. What does Keiser know? He's a hack. As long as people believe in innovation and technology, there will always be a challenger. Nokia and Kodak learned that quite well.

This is the main thing. If the whole world believes that Bitcoin is worthless and has no value, it will have no value because no one will be willing to pay a cent for it but if people out there are ready to pay a million dollar for Bitcoin, it will be worth a million dollar. I believe that with the passage of time, as the circle of the cryptocurrency expands, Bitcoin will be widely demanded. This has gotten great potential to disrupt your existing systems.

[ttcsalam]

I think the news is right. Some of my alto coins were on the way to destruction now. If your news is correct then many of the market will be damaged. The signals for those who trade.

[novy]

To be honest, it is not a correct statement. When btc will hit 100k, it means that capitalization should go abode 1 trillion dollars. As we know, when btc stops to grow in price, altcoins surge from it, so I expect that altcoins will grow as btc as well

[Wong Gendheng]

Only shitcoin will gone if that was realy happened. but I think bitcoin will never reach that price with only a few year. I'm not realy understand with altcoins market cycle, it weird thought. if price of Bitcoin is down altcoins are will down as well, and if bitcoin price was increased altcoins are down   only one conclusion that I have found, time to buy altcoin is when the price of Bitcoin is stable.

Now there are too many shitcoins that make us have to be vigilant, competition that is too tight makes anyone not wait to wait and they choose cut loss, buying altcoins that have a large market is certainly the answer even though the price of bitcoin rises or falls.

[Pffrt]

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.

Exactly. If BTC get strong and it's domination increases, altcoin prices too increases against USD but decrease against BTC. After all, most trader calculate usd value rather than BTC value although it makes sense ro calculate BTC value.

[prtty2gal2]

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.

Let’s even assume that bitcoin gets to $100k as he said, I really don’t see much of relationship between them, I think it has always been superstition believing that they must affect one another, these assets all have different way of operating, most of these alts represent various companies in the market, if those companies are well active to push their own product out always to the public, the product is the one that will speak for its value, and not another companies’ product like bitcoin, so they do not completely rely on  bitcoin for them to develop, just partially dependent, which is  not enough to kill them off the market at the price increase of bitcoin.

[NewRanger]

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.

Exactly. If BTC get strong and it's domination increases, altcoin prices too increases against USD but decrease against BTC. After all, most trader calculate usd value rather than BTC value although it makes sense ro calculate BTC value.

if bitcoin domination increases, much investors and trader prefer to hold bitcoin.by holding bitcoin it will give them more revenue than holding altcoin.and having more btc give us opportunity to trade altcoin.

[trauchot]

I agree if bitcoin will cost 100k$, which of course is impossible, then almost all altcoins will die, only the most popular altcoins will remain in which technologies are very important and necessary for our daily life, but we will not see this.

[premiumproductss]

Bitcoin is truly one cryptocurrency and comoanies from traditional market  do not see any perspective future in altcoins.
But I think that is too early to consider it. We see that altcoins are also becoming popular in everyday life. At least Ethereum.

[truongdhnh]

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?

Studies of hypothesis when Bitcoin reaches $ 100,000 cannot happen in a few years. Bitcoin is a very valuable currency and regulates the prices of Altcoins so once Bitcoin increases the prices of Altcoins will also increase. Good Altcoins will survive and bad Altcoins will be eliminated so you are assured of them.