Teraboy
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May 03, 2023, 11:07:39 PM |
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let alone about the fate of altcoins, i think so many people out there are gonna be homeless, many company are gonna go bankrupt because many right now are diversifying their portfolio heavily in bitcoin so it losing its value to the point that there's only 10 dollars left would be massive disaster. it's gonna be the same if stock market are having heavy decrease in value.
But don't ever think that will happen to the investors because they surely leave the marker before it happens. So, if ever the price of Bitcoin drops to its dying price, we also have nothing to expect from altcoins (any from them) to survive as people had dumped it already until the come has come that nobody is buying anymore. But it was just a sort of market assumption, it can be right or wrong. We never know what really awaits us in the future, 10 years, 20 years from now, perhaps we don't have any clue about it. I doubt everyone will leave the market honestly I think such thing willnever occured, let alone 10 dollars, even at 100 dollars i'd invested even my home for bitcoin thinking it would most certainly reach its former value again, bitcoin right now has reached its equilibrium in which aren't gonna stoop that low ever again.
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RussianEnglishTranslation
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May 09, 2023, 06:46:03 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?
Altcoins will fall drastically but then XRP will take Bitcoin's place and everything will repeg to stablecoins and XRP.
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kevindjunaidi
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May 12, 2023, 07:49:03 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 price of Bitcoin is unlikely to be $10, but if it does, then of course it will be the end of cryptocurrency, so I'm sure all altcoin will definitely not survive (die) and of course there will be no investors who believe to investing in Bitcoin and altcoin (cryptocurrency) anymore (be the end of cryptocurrency).
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iphone5s
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May 13, 2023, 03:32:40 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?
the price of Bitcoin is unlikely to be $10, but if it does, then of course it will be the end of cryptocurrency, so I'm sure all altcoin will definitely not survive (die) and of course there will be no investors who believe to investing in Bitcoin and altcoin (cryptocurrency) anymore (be the end of cryptocurrency). A joke that will make investors go crazy and not believe what will happen later. but it makes sense that Bitcoin is coming back at $10 and I can't imagine the look on every investor's face with the amount of money they have invested. but that's impossible because Bitcoin will continue to get changes with different benefits.
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JayTrain
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May 21, 2023, 08:32:14 PM |
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A significant drop in Bitcoin's price to $10 would likely have a negative impact on altcoins, causing their prices to decrease as well. The cryptocurrency market is highly interconnected, and Bitcoin's price movements often influence the broader market. However, each altcoin may respond differently based on its own unique characteristics. Diversification and staying informed are key in navigating the cryptocurrency market.
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WalkerIVIV
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May 21, 2023, 10:03:02 PM |
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at first surely it will have massive impact, but I think there will be some resistance coming from second best coin that is ethereum to stand in its own and don't just follow bitcoin path into doom. maybe ethereum could take its place but honestly all the scenario here is all speculation we just don't know how things will unfolds.
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GreatArkansas
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May 23, 2023, 04:02:41 PM |
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(.....) what will happen to altcoins if btc price drops to 10 dollars?
For sure altcoins will drop to the lowest price of them, like -99.9% lost. But for some people, it could be an opportunity if Bitcoin drops to 10 dollars, because most of people altcoin follows Bitcoin and I believe the percentage of dump on altcoins is higher to Bitcoin everytime Bitcoin dumps.
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Rupok
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May 24, 2023, 05:41:07 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?
BTC will never drop below $10, though just what you want to know. So I would say altcoins will also suffer severely and many altcoins will die. Also the altcoin utility will decrease a lot,Investing long-term in altcoins, meme coins carries a high degree of risk.So the number of long-term investors will also decrease and people will slowly move away from cryptocurrencies. Although I have no idea about the future, I can guess. We know Bitcoin is a famous currency and very soon Bitcoin price will increase by 2024. Hopefully the altcoins will be in a good position then.
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monineklutak
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The OGz Club
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May 24, 2023, 09:25:25 AM |
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at first surely it will have massive impact, but I think there will be some resistance coming from second best coin that is ethereum to stand in its own and don't just follow bitcoin path into doom. maybe ethereum could take its place but honestly all the scenario here is all speculation we just don't know how things will unfolds.
It's all about speculation because basically no one knows what it's going to be like, I think only time can answer it so there is no other choice but to continue to follow its developments, regardless I am sure that Bitcoin will not go down that far.
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Doan9269
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May 24, 2023, 10:45:40 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?
Not again, this is what i know that bitcoin will not come to as low as that again, and yet if the worst happened that it goes as this low it will not die but rather rise back, that's why we believe in it because it's a volatile cryptocurrency, bitcoin is the leading crypto also you wouldn't imagine what other cryptocurrencies will turn if such should happen, many would have busted into scam and totally fall without recovery, bitcoin will always maintain it relevance by always rising whenever it falls, this is some of the things you cannot be sure of in other cryptocurrencies that they will rise when they fall.
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