Post
Topic
Board Speculation (Altcoins)
Re: What happens to the other cryptocurrencies if the Bitcoin goes to $ 2,000?
by
myohmy81
on 17/01/2019, 13:24:05 UTC
Hello, I would like to know your opinion about this: What happens to the other cryptocurrencies if the Bitcoin goes to $ 2,000? I mean ICOs, altcoins, low market cap coins.
Now ICOs and low market cap coins have very bad times, but if Bitcoin goes down to $2,000-3,000 what will happen? This will be the end of ICOs?
Because I think that most of investors will sell everything to buy more Bitcoins.
I'm hoping that it will not go that way to go bottom at $2000 as this could be a massacre on those many low performing altcoins to be out of cryptomarket. Many will get sad and panic to sell and those whales will take advantage to buy many bitcoin at lower price. Those who have huge capital will take control of the market.