Bitcoin Boom to $100K Will Destroy Altcoins

[Bezobraznike]

Is it clear that BTC will reach 100k one day? Maybe it never reaches to 20k again. So far we have seen that whenever BTC rises, alt coin also rises and same will be seen if BTC touches 100k eth will touch 20k.

Bitcoin at some point will surpass its all time high, it is just a matter of time so the only thing that you have to worry about is if you are still going to be holding your bitcoins when that happens, but it is really doubtful that if bitcoin reaches 100000 ethereum will reach 20000, the supply of ethereum is simply too big and even worse there is not a limit to the amount of ethereums that are going to be created so in a way ethereum is not really that different than any other fiat.

   I believe that Bitcoin will surpass its all time high, too. Nobody can say where is the top for Bitcoin and Ethereum, we
can dream big if we wish to. It sounds impossible for Bitcoin to reach 100k and Ethereum to be 20k, but even stranger
things happen from time to time.
   And I don't believe that Bitcoin high price can destroy alt-coins. That is impossible, many alt-coins are different from
Bitcoin, they are strong now and some alt-coins will be stronger with time.

[go4crypto]

A big rise in Bitcoin to $100K will create big news headlines and attract huge number of new people to crypto sector. It is very likely to cause a big boom in altcoins too.

[Pearls Before Swine]

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.

Yeah, max keiser.  That's all you really need to know about that article, which is old news by now.

Assuming btc ever did hit $100,000 altcoins would be going along for the ride and wouldn't be crushed by btc whatsoever.  That's my assumption anyway and it's based on past behavior of altcoins when bitcoin goes off.

Keiser doesn't give a crap about bitcoin or alts anyhow.  The only thing he really cares about is constantly pumping gold and silver, and it's a tired old story by now.

[Karto]

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?

nah.. altcoin price relative to USD will go up and relative to BTC will go down
then what can occure is the same thing that happened in 2017 when bitcoin dropped from 20k ..
(altcoins pumped)

[cryptothreads]

A big rise in Bitcoin to $100K will create big news headlines and attract huge number of new people to crypto sector. It is very likely to cause a big boom in altcoins too.

I think it is still very early to talk about this because the market is still in a downtrend and the psychology of investors is not stable so it is best to only predict Bitcoin in the range of $10k to $15k because this is the achievable price. In my opinion, Bitcoin to reach $100k is really still very far and certainly will not happen in the next 10 years because investor prediction will often be inaccurate in the bear market.

Of course, if Bitcoin gains new growth, the altcoin will also increase very high because this market depends so much on this coin so Bitcoin will certainly never disappoint us.

[bohr]

A big rise in Bitcoin to $100K will create big news headlines and attract huge number of new people to crypto sector. It is very likely to cause a big boom in altcoins too.

There is no doubt that if the price of bitcoin went that high there will be huge headlines all over the world about it, I just have one problem with it, and that is that most likely bitcoin will be in the middle of a bubble and we know what happens with bubbles, eventually the price will begin to go down and all of those people that bought near the top of the market are going to be completely crushed when the price begins to move down very rapidly, and this will create in many people a feeling of being scammed by this market.

[pcfli]

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?

nah.. altcoin price relative to USD will go up and relative to BTC will go down
then what can occure is the same thing that happened in 2017 when bitcoin dropped from 20k ..
(altcoins pumped)

The correlation between the altcoin and Bitcoin determines which altcoins will go up and which altcoin stay at the same price levels in the bull market. This happens due to the higher point correlation and the bull market will not only move the BTC alone. The last drop from $20k for BTC was the fast crash market and the steady growth is required for preventing the next big red candles after the bull market.

[kristensoto]

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 think it will take a lot of time for Bitcoin to reach $ 100,000 worth, maybe years. Bitcoin will need a lot of effort. But if Bitcoin reaches $ 100,000, not all altcoins will die, only some shitcoin will probably die if Bitcoin reaches 100k. but some other strong cryptocurrencies like Ethereum, EOS, Ripple, Tether will increase in value according to Bitcoin.

[Iceblast]

not all altcoins will die. maybe history like 2017 will repeat itself. right now I think big altcoins might like ethereum, xrp and others will still be able to survive if altcoin is priced at $ 100k but altcoin with low prices, low volume and also less interested. will definitely fall

[Gheka]

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 think it will take a lot of time for Bitcoin to reach $ 100,000 worth, maybe years. Bitcoin will need a lot of effort. But if Bitcoin reaches $ 100,000, not all altcoins will die, only some shitcoin will probably die if Bitcoin reaches 100k. but some other strong cryptocurrencies like Ethereum, EOS, Ripple, Tether will increase in value according to Bitcoin.

Saying that bitcoin takes many years to achieve that result is just a dreamy, more precisely, those who are thinking about that price are just an illusion and a crazy belief in bitcoin, it will never happen. The value of bitcoin reaching nearly $20000 was a miraculous story, wanting to go further is a too difficult story when the market did not have too many pumps as in the past, besides that, we should know about the supply volume of bitcoin, if it reaches such a huge price, I don't know where the money is to buy it and who would dare to buy it

[Arkann]

Today, there are a lot of predictions regarding the future of the entire cryptocurrency market, but the statements that refer to the most promising projects that will be in demand in society are clearly logical.  It is such cryptocurrencies that will be appreciated in the future.  In addition, if we take into account the statement of the famous investors Tim Draper cryptocurrency, then, according to him, by 2023, cryptocurrency should increase in price by almost 2000 percent, which for Bitcoin may amount to $ 250,000.  Of course it looks fantastic, but cryptocurrency always surprises with different situations in the cryptocurrency market.

[bohr]

Today, there are a lot of predictions regarding the future of the entire cryptocurrency market, but the statements that refer to the most promising projects that will be in demand in society are clearly logical.  It is such cryptocurrencies that will be appreciated in the future.  In addition, if we take into account the statement of the famous investors Tim Draper cryptocurrency, then, according to him, by 2023, cryptocurrency should increase in price by almost 2000 percent, which for Bitcoin may amount to $ 250,000.  Of course it looks fantastic, but cryptocurrency always surprises with different situations in the cryptocurrency market.

I am always very careful with such predictions, I really believe that bitcoin at some point could be worth a quarter of a million dollars what I'm not so sure is that it will happen as fast as people speculate, as a small bitcoin holder I don't really have any problem if that happened in fact I will be extremely excited if that was the case but I'm trying to be realistic here and we are never going to see that price that soon regardless of who makes that prediction.

[Kersh768]

Why we are always into prediction that once Bitcoin have reached its peak price all Altcoins will die? Both are different cryptocurrencies that have greater use for us individuals because Altcoins do come from projects that offer greater solutions not just to provide profit for us. If we will be just focusing and keep on relying into Bitcoin, we will be dependent on it and once Bitcoin have fallen down so hard, many people will surely rant and talk about negativities about it. I believe that once Bitcoin reaches such point if price, only few or most of the useless or unworthy Altcoins will be eliminated and those that are useful will remain not a total phase out because Altcoins like Bitcoin have a relevant use for us in the crypto community not just for the sake of gaining or earning profit but more likely beyond that.

[lobo13hf]

not all altcoins will die. maybe history like 2017 will repeat itself. right now I think big altcoins might like ethereum, xrp and others will still be able to survive if altcoin is priced at $ 100k but altcoin with low prices, low volume and also less interested. will definitely fall

Altcoin will loss its value and it's possible. You must not take the old history of the altcoin as a good information to determine where will the market be going on as so many experts have been doing the same and they are all getting failed to predict where is the direction of the market.

[adroitful_one]

Why we are always into prediction that once Bitcoin have reached its peak price all Altcoins will die? Both are different cryptocurrencies that have greater use for us individuals because Altcoins do come from projects that offer greater solutions not just to provide profit for us. If we will be just focusing and keep on relying into Bitcoin, we will be dependent on it and once Bitcoin have fallen down so hard, many people will surely rant and talk about negativities about it. I believe that once Bitcoin reaches such point if price, only few or most of the useless or unworthy Altcoins will be eliminated and those that are useful will remain not a total phase out because Altcoins like Bitcoin have a relevant use for us in the crypto community not just for the sake of gaining or earning profit but more likely beyond that.

I'm sure the majority of them will. Not because of Bitcoin hitting an all time high or anything, but more because they are worthless and all of that money coming into the market will be invested into other things. There's just too many projects out there and the majority of them aren't even worth looking in to. I'm sure almost everything in the top 20 or so on coinmarketcap will actually benefit from all of that new money coming into the market.

[Magkirap]

not all altcoins will die. maybe history like 2017 will repeat itself. right now I think big altcoins might like ethereum, xrp and others will still be able to survive if altcoin is priced at $ 100k but altcoin with low prices, low volume and also less interested. will definitely fall

Altcoin will loss its value and it's possible. You must not take the old history of the altcoin as a good information to determine where will the market be going on as so many experts have been doing the same and they are all getting failed to predict where is the direction of the market.

And it is very hard to happen what happened in 2017 and i agree with you that altcoins will not die right away when bitcoin's price reached $100,000, those altcoins who have no potential and good future will slowly loses its value and honeslty i think most of altcoins will slowly die if ever bitcoin reaches $100,000 and for those good altcoins out in the market tha will survive will surely have a massive price increase same aa bitcoin.

[sehoon]

I don't think all altcoins are going to die if ever Bitcoin goes up to $100K. And even bitcoin does not reach that point, if the altcoin is really bad, it is just going to die out sooner or later. Developing coins and good altcoins will continue to stay in the competition as well.

[y_stars]

Most alt coins are essentially dead just by the market being over saturated and the coins not serving a real purpose.

[Naficopa]

I don't think all altcoins are going to die if ever Bitcoin goes up to $100K. And even bitcoin does not reach that point, if the altcoin is really bad, it is just going to die out sooner or later. Developing coins and good altcoins will continue to stay in the competition as well.

In one statement you write that all altcoins will die and that they will remain to be competition. 

If the price of Bitcoin increases to $100k, then certainly the prices of many altcoins will also go up very high. People will still be looking for a coin to earn as much as on Bitcoin.

[elisabetheva]

Is it clear that BTC will reach 100k one day? Maybe it never reaches to 20k again. So far we have seen that whenever BTC rises, alt coin also rises and same will be seen if BTC touches 100k eth will touch 20k.

Bitcoin at some point will surpass its all time high, it is just a matter of time so the only thing that you have to worry about is if you are still going to be holding your bitcoins when that happens, but it is really doubtful that if bitcoin reaches 100000 ethereum will reach 20000, the supply of ethereum is simply too big and even worse there is not a limit to the amount of ethereums that are going to be created so in a way ethereum is not really that different than any other fiat.

We admit that Bitcoin is the king of all coins circulating in crypto, but we must also realistically accept the fact that is it possible that bitcoin can touch up to $ 100K? This seems to be able to hold back because a value of that magnitude is very difficult to achieve because many obstacles will occur to be able to reach that much, who does not want bitcoin to be worth that because it can be sure to boost other altcoins.