Post
Topic
Board Speculation (Altcoins)
Re: Bitcoin Boom to $100K Will Destroy Altcoins
by
Gheka
on 27/12/2019, 14:15:57 UTC
Bitcoin Boom to $100K Will Destroy Altcoins, Predicts Crypto Firm – BTC, Ethereum, XRP, Litecoin Forecasts

A crypto venture capital firm led by Wall Street veteran Max Keiser says Bitcoin will rise to $100,000 at the expense of all other crypto assets.

https://dailyhodl.com/2019/05/06/bitcoin-boom-to-100k-will-destroy-altcoins-predicts-crypto-firm-btc-ethereum-xrp-litecoin-forecast/

I think only some useless altcoins will die.

Do you think all altcoins will die if bitcoin reach $100k?


I am pretty sure that 98% of altcoins will Die anyway. no matter if Bitcoin Price increase to that point or not. Altcoins are going to die. maybe some major altcoins manage to survive. only 1% or 2%. and rest of them will vanish.
and I think Bitcoin will a lot of time to reach $100k. maybe it take 2 to 5 more years. that's my point of view.
All altcoins will fall into a state of near death, instead of dying completely as you say when the value of bitcoin reaches too high because bitcoin is the main root of all altcoins, the relationship is extremely special, and when this stem needs nutrients to go higher and farther, it will certainly use small tree roots to suck nutrients, altcoins are those roots, it will not die but must work over capacity. Such a tragedy could be called hell in the crypto market, no longer able to keep people from staying, so investors will try to keep a balance if they want to keep making money, instead of creating such a scene, that's my opinion