If Bitcoin price increases suddenly.
Does this change encourage buyers to consider investing in Crypto solutions like ICO platform or Exchange Software Development for their Business?
These are the things that I feel will happen (in no particular order) if bitcoin suddenly goes up in price
1. Investors will panic and most will rush in to buy as it goes up
2. Altcoins will bleed because of BTC dominance
3. IEOs during this period will see a drop in price as many people are buying bitcoin
4. Once btc price settles at a new ath, the price of alts will start going up
5. Investors will sell their btc and start buying different altcoins
6. IEOs during this period will boom in price as investors rush in
7. We may be seeing some low cap coins doing x100