Experia
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November 14, 2019, 01:17:37 PM |
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when btc price raises it does not mean that the price of alts crashes, like what happened when ATH of btc hits the market alt coins also shines but unfortunately when the price of btc raises (because there are lots of investors again) there will also lots opportunistic people who create fake project that will leads to investors to turn their back to cryptocurrency that is also the reason why 100k value of btc is hard to achieve today.
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santiPOGI
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November 14, 2019, 01:20:08 PM |
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Extinction of the FIAT will happen as most people are using Bitcoin by that time and some alternative cryptocurrency. I can only see this 100K USD to happen if there will be a world adaption from their local stores and merchants. IF this will not happen then it is impossible to have that huge BTC/USD.
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PuertoLibre
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November 14, 2019, 01:28:13 PM |
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The uptrend on the BTC markets doesn't mean the altcoins will go to check their ATH prices because the correlation level is not as high as the OP stated. The dependence of the altcoins shows us how to use the price movement of BTC for trading altcoins. The illiquid altcoin markets will not react to $100k BTC price from my trading experience but the markets are not 100% rational.
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huige007
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November 14, 2019, 03:22:40 PM |
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so all altcoins rise to 100% more ,bitcoin now worth 8K if it up to 100K then an increase of almost 100% more around 112% is possible and that will make altcoin rich too but will not be zero ,once again altcoin will definitely grow more value in order to support all of his assets for the future too
This is true Bitcoin is the backbone of digital coin market. It has laid the foundation of crypto currencies and indeed is the first digital asset created ever. altcoins just copied it in terms of concept. All the altcoins depend on bitcoin one way or the other. Whenever bitcoin gains some value, the rates of alternative coins also increase. If bitcoin will touch 100k dollars or any other big number and that it will, altcoins will pump too.
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lobo13hf
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November 14, 2019, 03:25:55 PM |
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Extinction of the FIAT will happen as most people are using Bitcoin by that time and some alternative cryptocurrency. I can only see this 100K USD to happen if there will be a world adaption from their local stores and merchants. IF this will not happen then it is impossible to have that huge BTC/USD.
This is just a non sense speculation but i know that OP is willing to know about what was the correlation from the price of bitcoin to the another crypto. When it happens and the fundamental of the altcoin will be destroyed or they will be following bitcoin like 2017's trend. if you are reading the post starter properly and that was asking your opinion about what will be the impact when bitcoin can touch 100k and it's not about how to achieve 100k for bitcoin in the future.
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AicecreaME
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November 14, 2019, 03:35:53 PM |
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What happens if BTC is still rally to 100K ? ALTS ?? dump to zero at the moment BTC sideways until end of the year
this time currently the last choice for ALTs take actions or die..!!!
Is this a sad attempt for FUD? If Bitcoin reaches 100k, people will be happy with the easy money they've got and will be more willing to spend/invest in altcoins. And some (very few!) altcoins deserve such a chance. Exactly, it is so sad that OP doesn't have any common sense to answer his FUD question, I mean like, if bitcoin will really hit that price, time to celebrate and wait 'till it is time for the Altcoins also to rise up on their bed to do some workout and ride the bull. Nothing so important here, it looks like OP wants to give up on waiting. good luck
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barnes13
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November 14, 2019, 04:23:27 PM |
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Are you so optimistic that BTC will touch $100k in the near future? I don't think so. That still requires more time to touch that point. And I never thought that altcoins would die. Altcoins will still fly together with Bitcoin. We will see the public enthusiasm with cryptocurrency soon. Bitcoin will be a driving force for others because it sees it as number 1 here as a piooner, but besides that the top altcoins project also has their ace by offering various implementation of blockchain technology to various fields and creating a new solution for us. Eventually people will also realize that the crypto world is vast. So, your opinion is totally wrong about this.
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Obito
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November 14, 2019, 05:28:57 PM |
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What happens if BTC is still rally to 100K ? ALTS ?? dump to zero at the moment BTC sideways until end of the year
this time currently the last choice for ALTs take actions or die..!!!
good luck
First thing first, if Bitcoin reaches 100K there will be SOME Altcoins that will as well increase. Alts made out from fork meaning they have been created from the scraps of bitcoin from imagery of it. Although if it reaches at the certain time, it will eventually fall from its place. It is not that in certain price forever, so, maybe the following weeks or months it will eventually fall. On the other hand 100k is a big thing mate. It will be a hard time for bitcoin to reached that.
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VDraci
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November 14, 2019, 06:51:25 PM |
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Do not expect things to go same way like in 2017, if bitcoin manages to surge up to 100k only altcoins with very demanding interest will skyrocket, do not expect to make profit from shitcoins
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nxnqauff
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November 14, 2019, 06:53:34 PM |
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What happens if BTC is still rally to 100K ? ALTS ?? dump to zero at the moment BTC sideways until end of the year
this time currently the last choice for ALTs take actions or die..!!!
good luck
100k for BTC is not an easy task. Also its not going to happen fortnight. We have to wait for years before even we see 25-30K. Ofcourse, people will be happy to see that happening.
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DaveWave
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November 14, 2019, 07:04:55 PM |
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What happens if BTC is still rally to 100K ? ALTS ?? dump to zero at the moment BTC sideways until end of the year
this time currently the last choice for ALTs take actions or die..!!!
good luck
I am not expecting bitcoin to make a sudden 100k pump. But if it happens that fast, ALTs will definitely get crushed. Even top altcoins cannot hold itself if a 2017sh bitcoin pump happens again. I hope it happens again. I will not hesitate to dump my altcoins this time.
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nluesky21
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November 14, 2019, 07:05:33 PM |
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100k for BTC is not an easy task. Also its not going to happen fortnight. We have to wait for years before even we see 25-30K. Ofcourse, people will be happy to see that happening.
going to 100k or 0 is very posible in cryptocurrency. anything can happen because It's a crypto world
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Oyimeelijah
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November 14, 2019, 08:21:04 PM |
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What happens if BTC is still rally to 100K ? ALTS ?? dump to zero at the moment BTC sideways until end of the year
this time currently the last choice for ALTs take actions or die..!!!
good luck
Using 2017 as example when btc attained it all time high of $20k, what happened to alts? The good alts all attained a new all time high and dead project disappeared. So in response to your question, what will happen of btc touches $100k? That means we are all going to be smiling because alts too will be carried along.
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JuliaJi
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November 14, 2019, 08:44:49 PM |
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I think that everything will synchronously raise! if btc will be 100k, eth and all altcoins will raise too, winter 2017 will back - all green
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beerlover
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November 15, 2019, 01:29:56 PM Last edit: November 15, 2019, 03:57:26 PM by beerlover |
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What happens if BTC is still rally to 100K ? ALTS ?? dump to zero at the moment BTC sideways until end of the year
Alts do not go to zero, what people really forget is that when bitcoin price goes 50% higher and ethereum price goes only %10 that is still a profit in dollar terms. So, that is why altcoins don't have to go to zero when bitcoin goes up, sure it could go down in bitcoin but if bitcoins dollar price goes up and altcoins bitcoin price drops down less that equals to altcoins price going up faster. In the end there is really not that much to do when you are left with a choice of biggest coin going 10x up and your altcoin dumping, if bitcoin reaching to $100k is only going to happen if my altcoins goes to zero I will take that because bitcoin going up could recover all my losses from my altcoins and put some profit on top of that as well, lets hope it does really happen.
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pamsugas
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November 15, 2019, 01:43:46 PM |
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Btc touches 100k, alt is sure to follow. bitcoin and alt side by side it is not possible alt will be 0 See now the decreasing dominance of bitcoin indicates that alt will start playing. a few years ago I often heard a lot of people say altcoin became a real 0 until now alt was still bought by many people.
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Blackdeath
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November 15, 2019, 02:08:35 PM |
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What happens if BTC is still rally to 100K ? ALTS ?? dump to zero at the moment BTC sideways until end of the year
this time currently the last choice for ALTs take actions or die..!!!
good luck
In my own personal opinion, if bitcoin reaches it's price to 100K USD there is a huge possibility that almost everyone in the world is using and investing their money in bitcoin. I don't think altcoins will drop it's price to zero because there are still people like me who will split the half of their money in altcoins that has a good value.
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shoreno
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November 15, 2019, 02:13:09 PM |
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if btc rally to 100k usd , people will feel happy and of course that includes me because who wouldnt want to see that happen right ?
all people always dream of that moment . altcoins ? i think they wont going to dump but i think they can also pumped because people will usually buy alts after they sell thier btc at a higher value .
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pixie85
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November 15, 2019, 03:46:45 PM |
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Alts will never go to 0 that's one thing. Even scam coins like bitconnect are not worth 0 so a valid altcoin like ETH will never drop down like that.
Some altcoins follow bitcoin's price. You can see it on coinmarketcap when you go to the list of coins. One of such followers is BCH that always pumps alongside BItcoin and it will not go to 0 when Bitcoin goes to 100k.
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JC btc
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November 15, 2019, 04:27:47 PM |
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I don't think that alts will be drought even after BTC reaches the gazillion amount. In fact investors might even consider investing in alts after they felt the success they got from BTC. Both of these parties do not depend to each other. They have their own goals in terms of utilization and price (ETH, XRP, etc vs Bitcoin). If you're trying to scare investors, right now. Sorry it is a bad attempt, and no one would twitch their emotions from that.
I think if Bitcoin will touch the $100k, it will be scary for the team of each altcoins, imagine people will trust more Bitcoin as they have seen the great potential of it, so the scariest thing that will happen for this is that they will give up all their coins and will just hold Bitcoin in long term. Anyway, touching $100k is far from the reality now, it may take a lot of years before it will happen.
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