peter0425
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April 17, 2023, 12:35:08 AM |
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majority of altcoins are gonna get destroyed for sure, and what I mean by majority is 95% of altcoins because honestly bitcoin dictates heavily in the valuation of altcoins in general. even the altcoins you think gonna be having promising future.
what does it mean? they will not survive or gonna die? while I support that majority thing , yet destroyed is not that close to happen because many will survive but will not grow as high as expected , meaning that many altcoin will continue to maintain their position or get lower though will continue being used by their supporters in their own way as it was being used. Probably it will not happen,if it happens means.The market is crashed fully,the crypto currency will loss his importance among investors.It’s unexpected one from the crypto community,most of the investors in bitcoin holding for the time. Even if the crypto market was crashed, it will not happen in one days.So till that exchange your money from website,the website will give you some time.
crashing happened many times but not that low, hope that this will never happen because there are only 2 option , to be loser or purchase more for further chances.
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bitterguy28
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April 17, 2023, 12:42:13 AM |
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Some altcoins stand on their own, they don't rely on Bitcoin, so if Bitcoin crashed down to 10$ there will surely be some turmoil but Ethereum will switch over to the 1st on coingecko and CMC, many altcoins including Ethereum will lose their value but the strong ones will be cut off from Bitcoin and Bitcoin will die, it will also take a long period of time before things settles.
hope you are correct but that is not what I am seeing here to happen , better to be ready about that when it happens. we will not know for the price of bitcoin in the future, and I just want to know what you think, about the question this time that I will ask you all, namely.. what will happen to altcoins if btc price drops to 10 dollars?
i believe that altcoin may die then , imagine a rank number one coin that valuing over 20k will drop to 10 dollars? what can we expect to those altcoins specially meme coins and other shitcoins? they will die and never recover
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QueenVera
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April 17, 2023, 01:18:04 PM |
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My guess is that altcoins will also fall drastically and maybe some of them can't handle the impact so they will die (price plungest to zero) and cannot recover anymore but strong altcoins that are at the top can still hold on.
No altcoins can hold on because people will start selling their altcoins due to fear of the whole market crashing and not existing anymore. We'll also have people that'll be looking to accumulate bitcoin so they'll be selling anything that's available to them to ell to get as many Bitcoin as possible because they believe the market will recover. If this was to happen now, I'll sell everything I have to buy Bitcoin because a bounce usually happens when a market crash like this. The market might be dieing but it'll still have some life of bouncing and then I can sell and wait on how things ends. Bitcoin holds the cryptocurrency market together, every coins is trading with BTC and if Bitcoin was to fail then we can't have the cryptocurrency market anymore and this will be worst then the altcoins collapse we have witness before.
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bitzizzix
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April 17, 2023, 01:32:50 PM |
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My guess is that altcoins will also fall drastically and maybe some of them can't handle the impact so they will die (price plungest to zero) and cannot recover anymore but strong altcoins that are at the top can still hold on.
No altcoins can hold on because people will start selling their altcoins due to fear of the whole market crashing and not existing anymore. We'll also have people that'll be looking to accumulate bitcoin so they'll be selling anything that's available to them to ell to get as many Bitcoin as possible because they believe the market will recover. If this was to happen now, I'll sell everything I have to buy Bitcoin because a bounce usually happens when a market crash like this. The market might be dieing but it'll still have some life of bouncing and then I can sell and wait on how things ends. Bitcoin holds the cryptocurrency market together, every coins is trading with BTC and if Bitcoin was to fail then we can't have the cryptocurrency market anymore and this will be worst then the altcoins collapse we have witness before. right, and maybe there are two possibilities, namely when bitcoin goes down people will panic and will sell their altcoins to fiat so that the price goes down and even sinks, and there are also those who will sell their altcoins for bitcoin because this will be a last resort and hope that bitcoin will go up again. bitcoin greatly affects all altcoins that will move up and down and follow it, if bitcoin is lost then most likely all altcoins will also be lost and there will be no cryptocurrency anymore.
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abel1337
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April 17, 2023, 03:32:25 PM |
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My guess is that altcoins will also fall drastically and maybe some of them can't handle the impact so they will die (price plungest to zero) and cannot recover anymore but strong altcoins that are at the top can still hold on.
No altcoins can hold on because people will start selling their altcoins due to fear of the whole market crashing and not existing anymore. We'll also have people that'll be looking to accumulate bitcoin so they'll be selling anything that's available to them to ell to get as many Bitcoin as possible because they believe the market will recover. If this was to happen now, I'll sell everything I have to buy Bitcoin because a bounce usually happens when a market crash like this. The market might be dieing but it'll still have some life of bouncing and then I can sell and wait on how things ends. Bitcoin holds the cryptocurrency market together, every coins is trading with BTC and if Bitcoin was to fail then we can't have the cryptocurrency market anymore and this will be worst then the altcoins collapse we have witness before. I'm also thinking the same. Traders will desperately try to revive bitcoin by selling their altcoins and hope to get a massive profits as they bought bitcoin in a really low price. It's more logical to hold bitcoin in that kind of scenario rather than volatile altcoins. If there is a drastic dump like bitcoin going down up to 10 dollars each, I'm speculating that stable coins will be depegged as traders and normal holders will be rallying in buying those stable coins. Any other altcoins that is not that much relative or has no proper foundation will massively crash into nearly zero value if bitcoin step at that kind of price point. Though I doubt that this kind of scenario will happen we are just speculating here..
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ivankoh
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April 17, 2023, 04:12:53 PM Last edit: April 17, 2023, 04:41:59 PM by ivankoh |
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Some altcoins stand on their own, they don't rely on Bitcoin, so if Bitcoin crashed down to 10$ there will surely be some turmoil but Ethereum will switch over to the 1st on coingecko and CMC, many altcoins including Ethereum will lose their value but the strong ones will be cut off from Bitcoin and Bitcoin will die, it will also take a long period of time before things settles.
Well, that sounds like an interesting scenario to be covered by your flowers but I'm not sure it's correct. Bitcoin brought a revolution by blockchain, will the market in ETH easily meet the demand then? Personally, I think the path for bitcoin to drop to $10 is pointless and almost 99% realistic of it will not happen. and we probably wouldn't expect too much in this situation.
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globalpain
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April 17, 2023, 04:34:02 PM |
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My guess is that altcoins will also fall drastically and maybe some of them can't handle the impact so they will die (price plungest to zero) and cannot recover anymore but strong altcoins that are at the top can still hold on.
No altcoins can hold on because people will start selling their altcoins due to fear of the whole market crashing and not existing anymore. We'll also have people that'll be looking to accumulate bitcoin so they'll be selling anything that's available to them to ell to get as many Bitcoin as possible because they believe the market will recover. If this was to happen now, I'll sell everything I have to buy Bitcoin because a bounce usually happens when a market crash like this. The market might be dieing but it'll still have some life of bouncing and then I can sell and wait on how things ends. Bitcoin holds the cryptocurrency market together, every coins is trading with BTC and if Bitcoin was to fail then we can't have the cryptocurrency market anymore and this will be worst then the altcoins collapse we have witness before. right, and maybe there are two possibilities, namely when bitcoin goes down people will panic and will sell their altcoins to fiat so that the price goes down and even sinks, and there are also those who will sell their altcoins for bitcoin because this will be a last resort and hope that bitcoin will go up again. bitcoin greatly affects all altcoins that will move up and down and follow it, if bitcoin is lost then most likely all altcoins will also be lost and there will be no cryptocurrency anymore. The scenario might be like that but to be honest I don't believe that Bitcoin will go down that far, when Bitcoin goes up the altcoins also go up and vice versa, so just imagine if Bitcoin disappears of course it's like the end of the world for crypto.
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Silberman
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April 18, 2023, 02:17:09 AM |
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My guess is that altcoins will also fall drastically and maybe some of them can't handle the impact so they will die (price plungest to zero) and cannot recover anymore but strong altcoins that are at the top can still hold on.
No altcoins can hold on because people will start selling their altcoins due to fear of the whole market crashing and not existing anymore. We'll also have people that'll be looking to accumulate bitcoin so they'll be selling anything that's available to them to ell to get as many Bitcoin as possible because they believe the market will recover. If this was to happen now, I'll sell everything I have to buy Bitcoin because a bounce usually happens when a market crash like this. The market might be dieing but it'll still have some life of bouncing and then I can sell and wait on how things ends. Bitcoin holds the cryptocurrency market together, every coins is trading with BTC and if Bitcoin was to fail then we can't have the cryptocurrency market anymore and this will be worst then the altcoins collapse we have witness before. right, and maybe there are two possibilities, namely when bitcoin goes down people will panic and will sell their altcoins to fiat so that the price goes down and even sinks, and there are also those who will sell their altcoins for bitcoin because this will be a last resort and hope that bitcoin will go up again. bitcoin greatly affects all altcoins that will move up and down and follow it, if bitcoin is lost then most likely all altcoins will also be lost and there will be no cryptocurrency anymore. The scenario might be like that but to be honest I don't believe that Bitcoin will go down that far, when Bitcoin goes up the altcoins also go up and vice versa, so just imagine if Bitcoin disappears of course it's like the end of the world for crypto. The scenario is very unrealistic as it does not make much sense for the price of bitcoin to got that low and stop at that level, at that point it would make more sense for the price to go all the way to zero than to remain there, a scenario that is not very likely at all either, taking into account how the adoption of bitcoin is growing each day, and this also means that its price will keep going up during the next months and years.
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Reatim
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April 18, 2023, 04:20:58 AM |
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Some altcoins stand on their own, they don't rely on Bitcoin, so if Bitcoin crashed down to 10$ there will surely be some turmoil but Ethereum will switch over to the 1st on coingecko and CMC, many altcoins including Ethereum will lose their value but the strong ones will be cut off from Bitcoin and Bitcoin will die, it will also take a long period of time before things settles.
Well, that sounds like an interesting scenario to be covered by your flowers but I'm not sure it's correct. Bitcoin brought a revolution by blockchain, will the market in ETH easily meet the demand then? Personally, I think the path for bitcoin to drop to $10 is pointless and almost 99% realistic of it will not happen. and we probably wouldn't expect too much in this situation. if it will going to drop that low then lets admit that the crypto is a nonsense and will die together with bitcoin because what is altcoin if there is no Bitcoin around? because dropping that low means there are no support from the people and there is nothing to continue. but the good thing is what we do believe and that is 10$ for bitcoin will never happen for sure.
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monineklutak
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April 18, 2023, 09:23:50 AM |
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Some altcoins stand on their own, they don't rely on Bitcoin, so if Bitcoin crashed down to 10$ there will surely be some turmoil but Ethereum will switch over to the 1st on coingecko and CMC, many altcoins including Ethereum will lose their value but the strong ones will be cut off from Bitcoin and Bitcoin will die, it will also take a long period of time before things settles.
Well, that sounds like an interesting scenario to be covered by your flowers but I'm not sure it's correct. Bitcoin brought a revolution by blockchain, will the market in ETH easily meet the demand then? Personally, I think the path for bitcoin to drop to $10 is pointless and almost 99% realistic of it will not happen. and we probably wouldn't expect too much in this situation. if it will going to drop that low then lets admit that the crypto is a nonsense and will die together with bitcoin because what is altcoin if there is no Bitcoin around? because dropping that low means there are no support from the people and there is nothing to continue. but the good thing is what we do believe and that is 10$ for bitcoin will never happen for sure. I agree with you that Bitcoin is not going to go that far and I am sure of it, we need to be patient to see the movement of Bitcoin again, I think it's only a matter of time to see Bitcoin bounce back and just follow the developments.
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ice18
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April 18, 2023, 12:01:16 PM |
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we will not know for the price of bitcoin in the future, and I just want to know what you think, about the question this time that I will ask you all, namely.. what will happen to altcoins if btc price drops to 10 dollars?
I dont think btc can crash at $10 very impossible at this current value, btc is decentralized no can controlled only government if all of them agree to ban maybe this is the end.
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Abiky
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April 18, 2023, 07:24:31 PM |
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No altcoins can hold on because people will start selling their altcoins due to fear of the whole market crashing and not existing anymore. We'll also have people that'll be looking to accumulate bitcoin so they'll be selling anything that's available to them to ell to get as many Bitcoin as possible because they believe the market will recover. If this was to happen now, I'll sell everything I have to buy Bitcoin because a bounce usually happens when a market crash like this. The market might be dieing but it'll still have some life of bouncing and then I can sell and wait on how things ends. Bitcoin holds the cryptocurrency market together, every coins is trading with BTC and if Bitcoin was to fail then we can't have the cryptocurrency market anymore and this will be worst then the altcoins collapse we have witness before.
Exactly. Most people will sell their altcoins holdings out of fear from a total market collapse. After all, Bitcoin is the reserve cryptocurrency of the crypto market. Every altcoin has at least one BTC trading pair in an exchange. If BTC falls to $10, altcoins will drop massively until they become worthless. Not even ETH will survive. BTC has gone a long way since its inception, so the odds of it falling to $10 are very slim. With the halving right around the corner, you can say goodbye to "cheap" BTC for good? Who knows what would be the fate of altcoins as BTC becomes bigger and stronger than ever? Just my opinion
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ichsan ardi
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April 21, 2023, 07:07:14 AM |
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we will not know for the price of bitcoin in the future, and I just want to know what you think, about the question this time that I will ask you all, namely.. what will happen to altcoins if btc price drops to 10 dollars?
in my opinion, the alt coin will become a dead coin if btc drops to 10 $, I can't imagine that this will happen because BTC is the king of cryptocurrency, one of the factors for alt coins can be up to now because bitcoin, in my opinion, if btc rises, the average altcoin also rises after the cycle what i saw
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Gladitorcomeback
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April 21, 2023, 07:52:00 AM |
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in my opinion, the alt coin will become a dead coin if btc drops to 10 $, I can't imagine that this will happen because BTC is the king of cryptocurrency, one of the factors for alt coins can be up to now because bitcoin, in my opinion, if btc rises, the average altcoin also rises after the cycle what i saw
It will never happen and just imaginary question. according to Google survey more than 1.3 million users are holding btc and this number was just 1k in 2010. The possible reason to drop btc to this stage os only if Btc Contract code accessed by someone and hack the full code which is impossible. This isbthe reason Btc is Most trusted Crypto coins because of its decentralization. If it happen and btc drop to 10$ then all Altcoins will crashed like ustc and Luna. no one will be in mood of buying any coin and we would see big sell pressure.
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domoy77
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April 21, 2023, 06:22:54 PM |
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It will never happen and just imaginary question. according to Google survey more than 1.3 million users are holding btc and this number was just 1k in 2010. The possible reason to drop btc to this stage os only if Btc Contract code accessed by someone and hack the full code which is impossible. This isbthe reason Btc is Most trusted Crypto coins because of its decentralization.
But till now no one can hack full code of bitcoin and thinking it is just an illusion that will never happen worst impact on crypto so we have to be positive believe bull season is coming and for anyone long term investment will take high profit so take advantage of market corrections to increase bitcoin balance in trading accounts and don't risk FUD for $10 because that prediction will never happen.
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mdzahed134
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April 23, 2023, 03:57:54 AM |
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we will not know for the price of bitcoin in the future, and I just want to know what you think, about the question this time that I will ask you all, namely.. what will happen to altcoins if btc price drops to 10 dollars?
Although it will never happen in the future market, if i assume BTC will crashed 10$, then undoubtedly i can say that altcoins market will dead, big whales will manipulated in the whole market. Where BTC is dead, how others crypto will sustain in the market it’s very simple thing.
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Woodie
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April 23, 2023, 10:21:39 AM |
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I don't think this will be happening, but say that it happens, well weak coins will likely go obsolete and then others will be priced in the cents but then again this is super discounted and demand will certainly push price up which will see bitcoin market price go up and allow other altcoins to ride this wave and price will go up supper quick.
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Adbitco
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April 23, 2023, 12:14:32 PM |
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It's very simply and clear because as we all know bitcoin is the mover of the market and if whatever that happens to bitcoin then there will be serious threat to altcoin, reason being ones the price drop to some certain level it quickly attract altcoin and everyone will likely panic and sell since the head being bitcoin is dropping as well. So altcoin follows together with the race of bitcoin dropping. Nevertheless, such will never happen for bitcoin to just sink down to $10 without any strong effects that would warrant to such actions, Always be positive about bitcoin and it's growth.
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sulendra12
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April 23, 2023, 08:45:54 PM |
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we will not know for the price of bitcoin in the future, and I just want to know what you think, about the question this time that I will ask you all, namely.. what will happen to altcoins if btc price drops to 10 dollars?
The altcoin will surely drop the price following Bitcoin price. People will get panicked over this because they think crypto is "dead" and sell everything to follow the panic train which is pretty common and that's just how people react according to the situation. Many said that altcoins could become standalone and have better price and strength compared to Bitcoin, but even the small crash from Bitcoin could leave a huge impact to altcoins and how about the big one? We don't want to talk about that yet.
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bitkanu
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April 23, 2023, 11:11:27 PM |
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This questions is really easy to be answered. If you OP is regularly watching the market and you will known what must be the reality. Altcoins are only following bitcoin at this moment. It jumps and down based on the bitcoin price. If btc drops and everything will be dead. Altcoins are going to the zero value if bitcoin will be dead soon. Ethereum may also worth a few cents only.
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