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Author Topic: Bitcoin Boom to $100K Will Destroy Altcoins  (Read 1970 times)
danipay
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May 08, 2019, 11:08:52 AM
 #141

altcoin will not die if bitcoin hits 100k, instead the altcoin will get more excited and go up too.
yes the same as you think only the useless altcoin will die. they cant follow the true project.
sh4dtechnr
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May 08, 2019, 11:13:07 AM
 #142

On the contrary, after the growth of Bitcoin, altcoins usually grow very strongly. You can make good money on this if you invest in promising coins. But there is a great variety of projects on the market right now, so in order to guess the coin you need to make a thorough analysis of it. I think, new coins with advanced technologies will grow in price impressively. And also community support is very important. Only decentralized enough coins will receive it.. Everything must be carefully thought out, including tokenomics.
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May 08, 2019, 11:13:22 AM
 #143

He made a rather loud statement. I think he did it to get the hype. A lot of altcoins should die, even most altcoins, but not all.

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May 08, 2019, 11:17:25 AM
 #144

Read that news multiple times but totally disagree with him. I never think that Bitcoin rocketing to 100k will destroy every other currencies instead of building them up. Considering what has happened before, when prices of bTc increases, it booms other coins or tokens

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May 08, 2019, 11:18:40 AM
 #145

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.
Why not immediately see?  It seems to me that Bitcoin will cost $ 100,000 very soon, and the Altcoins should disappear a little, regardless of the price of BTC, a lot of garbage divorced on the cryptocurrency market!

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May 08, 2019, 11:35:13 AM
 #146

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 bitcoin hitting 100 grand will kill altcoins, but bitcoin's dominance will just increase, i don't think there will be any shitcoins that's gonna die, even bitcoin cash and bitcoin sv is still at top 100, it's unbelievable to see scam coins is still out there and portraying as "real bitcoin".
arnoldrimmer
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May 08, 2019, 12:23:28 PM
 #147

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?





Yea, it will render most of the altcoins useless but I believe it will still take a lot of time for Bitcoin to hit that target and by them most of these altcoins most have built a solid foundation to survive

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May 08, 2019, 12:39:43 PM
 #148

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 believe , if not all altcoins will die if bitcoin reach $100K my friend
only a shitcoins will die if bitcoin reach that level,,
but a reliable and credible project such as ethereum, eos, litecoin and others will follow the rising on bitcoin price my friend
Definitely agree with this altcoins would not die specially if they have product the only altcoins would die is shitcoin that you get on some airdrop it became worthless value because they can't stand when bitcoin raise on high value they will became worthless well even the value of bitcoin was in 5600$ there was a lot of shitcoin that has no value at all.
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May 08, 2019, 12:59:08 PM
 #149

I just hope that BTC can return to touch 7k for the next few months. New after stabilizing I'm sure to go up without control. And that might take a long time until the end of the year maybe for 100k dollars.

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BryanK
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May 08, 2019, 05:04:10 PM
 #150

It's fantastic. Bitcoin will never cost $100k . I think that is an artificial price increase. Since whales will not allow the whole community to become millionaires.

Vishnu.Reang
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May 08, 2019, 05:07:11 PM
 #151

It's fantastic. Bitcoin will never cost $100k . I think that is an artificial price increase. Since whales will not allow the whole community to become millionaires.

Why not?

Bitcoin was able to reach $20,000 per coin in 2017 with far fewer users. Compared to that, now we have a larger user-base and Bitcoin has been legalized in a number of nations such as Germany and Japan. A number of institutional investors have also jumped the ship and made investments in crypto-currency. It is very much possible, in my opinion.
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May 08, 2019, 05:19:48 PM
 #152

The price of  altcoins have been dependent on the price of bitcoin for sometimes now.. .  If price of bitcoin moves up the altcoins price move up as well.  I would love to see them move at their own merit though.
 So i do not understand why he thinks so or how those are connected.
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May 08, 2019, 06:35:25 PM
 #153

The price of  altcoins have been dependent on the price of bitcoin for sometimes now.. .  If price of bitcoin moves up the altcoins price move up as well.  I would love to see them move at their own merit though.
 So i do not understand why he thinks so or how those are connected.

or maybe vice versa, when the price of bitcoin increases, the altcoin price will fall because with the big increase that happen in bitcoin will make many altcoin holders sell all their assets to bitcoin, after they get a lot of bitcoin from the altcoin sales they hold, then they make big sales in bitcoin also that will make the market again experience a big correction due to FOMO

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May 08, 2019, 06:41:29 PM
 #154

No, I do not think that this will somehow have a bad effect on altcoins, as has already been said, I think that this will definitely only improve the position on altcoins as a whole, so I think that, on the contrary, the situation will only improve.
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May 09, 2019, 06:43:55 AM
 #155

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 it is rising at the expense of altcoins. Yes it’s going to affect altcoins but it wouldn’t be all of them, I don’t think the top altcoins in the crypto market just like Ethereum will he affected. If Bitcoin should reach $100,000 then Ethereum will as well reach a high price , cause it usually goes up as Bitcoin is going up.

Well, there is no need to be discussing what we are not even sure about , when that time comes we will know what to do. But likely it is the smaller altcoins that are going to die off and not the bigger ones.
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May 09, 2019, 06:50:33 AM
 #156

First of all, rising to $100K is not possible for bitcoin.Bitcoin hardly can reach upto 20-30K like we saw last year.When bitcoin hits to It's maximum price, altcoin also was rising and live in the market like bitcoin.So, even someday bitcoin reach to $100K it Won't make altcoin dead.Altcoins are important in the market like bitcoin and we shouldn’t let altcoin dies for bitcoin.             
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May 09, 2019, 07:16:08 AM
 #157

I don't agree with this statement as in past we had seen as BTC was in Bull run the other altcoin were also in trending so in my opinion as BTC will go up other Altcoins will rise.

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May 09, 2019, 07:21:57 AM
 #158

Altcoin won't die even if btc reaches such price. Instead, they will follow the trend. They won't go as high as btc, but they will gain during that moment and we've seen it before. Same thing will happen if ever. Especially those top altcoin. If you think of other altcoin, well, they will always be shit no matter what the trend is.
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May 09, 2019, 07:28:41 AM
 #159

Even without bitcoin going up to that amount, some altcoins without any use case or good team are already dead. If BTC surge to 100k$, nobody will talk about most shitcoins anymore, that's for sure.  But all these are just mere fallacies anyway, I believe a time will come when the world will embrace altcoins with proper use cases solving some real life problems.

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May 09, 2019, 12:14:26 PM
 #160

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.
Some altcoins that would die will not because of the price movement of BTC alone, but they will long be gone before bitcoin reaches that price due to the bad project that they have, which will make people pay less attention to them after they get dumped, and since they have no working product that could lift them up, they will die off market that people would not even be able to sell them off for Bitcoin.

Selling altcoins off for BTC is not a bad thing and it doesn’t mean they will still not be bought back by the [person selling it, they will only do that to do short trade with it in bitcoin and take profit, everyone knows that altcoins always have their own season, which we all run to too to take profit irrespective of the price of bitcoin.

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