Post
Topic
Board Speculation (Altcoins)
Re: Bitcoin Boom to $100K Will Destroy Altcoins
by
PuertoLibre
on 27/12/2019, 17:17:03 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.
I also agree with your opinion, the chance for the altcoins is very low. From the statistical probability theories, the probability of surviving in the bear market is less than 10% according to my own research based on the tehcnical&fundamental analysis. The $100K BTC price means the market will turn its colour to green for a long time after the bear market but I doubt the altcoins will follow the BTC.