If all altcoins die, only Bitcoin is left, will it rise X100? - page 7.

Golftech

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Quote from: qazgroup on December 04, 2018, 08:05:44 AM

Obviously if there will not be any other competitor all the volume will be directed towards btc that will give bitcoin the boost, the attention and hype resulting in big pump for btc, but such scenario is very unlikely for now.

If all the investment will turned into bitcoin yes it will boost up the value, that happen when bitcoin is just starting over in terms of impacts coming from alts since the industry are already growing finding or diverting assets divide the money which is far better if everything are invested inside and confusions won't
make newer investors doubt this new digital currency.

Hanebel

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Quote from: l10no on December 04, 2018, 05:13:20 AM

even though that won't be possible, if bitcoin becomes the only cryptocurrency that survives, the price will be very stable and won't be as expensive as now, price increases and decreases won't be as fast as now, like the dollar, bitcoin will have the same turnaround
that in my opinion

Which would mean, it is hard to have profits then because as you said, the prices may not increase or decrease that much. That time, maybe, we can be using bitcoin as how we use fiat.

vovannovig2

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beeelzebub

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Lets check the market caps for this.

BTC Dominance: 53.9%

So lets count the other tokens doesnt listed on cmc or doesn't set their market cap and say %50 btc dominance.

That means not x100 raise only x2.

xhibit1

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First and foremost, altcoins can never die because they have so many use cases for different altcoins produced. and how will Bitcoin reach x100 when it is not being traded at a pair of another Digital currency?

yanto@1977

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Quote from: btlzpr on December 04, 2018, 04:51:25 AM

We know, at the beginning of crypto, there was bitcoin as only one crypto. If we return to that situation, will Bitcoin rise sharply?
Does Altcoins have a more positive impact on Bitcoin or will it weaken Bitcoin?

Maybe yes maybe not but reach that price is impossible, not realistic for me. Altcoin follow bitcoin and if die they only need to change name and system, that's rules in financial world. This time market is not good but stay is not good option, leave bitcoin for now and come back again next year.

qazgroup

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RiveMont

Obviously if there will not be any other competitor all the volume will be directed towards btc that will give bitcoin the boost, the attention and hype resulting in big pump for btc, but such scenario is very unlikely for now.

batang_bitcoin

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Quote from: btlzpr on December 04, 2018, 04:51:25 AM

We know, at the beginning of crypto, there was bitcoin as only one crypto. If we return to that situation, will Bitcoin rise sharply?

Going to the time when bitcoin is the only crypto? and people are already aware of it? well price would go high and everyone will chase to have one until the demand goes high which will make the price higher.

Quote from: btlzpr on December 04, 2018, 04:51:25 AM

Does Altcoins have a more positive impact on Bitcoin or will it weaken Bitcoin?

No.

phelbaby

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I guest it is not possible for all cryptocurrency to die but should anything comes up and all cryptocurrency dies approving only Bitcoin,than there will be a great increase in the market.

emma46

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Yes because investors would move their money in Bitcoin that would drive the demand up so the price would go up too,
But it wouldn't happen because there are so many alt-coin with different types of project and there are so many people who supports it.

JimmyNg90

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Quote from: Simayi on December 04, 2018, 05:34:29 AM

Yes, because when other cryptocurrencies die, all investors and whales need Bitcoin as a way to make money, when Bitcoin hits the moon again!

This is an innocent thought. The market capitalization of all altcoins is now several times larger than bitcoin. If all the altcoins are dead then maybe the crypto market will fall apart. Do not say bitcoin x100, even the corporations that own the altcoins will also collapse, both real and crypto markets will collapse accordingly.

Red-Apple

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NO and NO!
altcoins won't die and bitcoin wouldn't rise 100x if they do!

what you are missing is the fact that people never took their money to invest elsewhere. they invested in bitcoin then used the bitcoin to invest in altcoins. in other words altcoins exist because of bitcoin not the other way around, people wanted alternative ways of making profit on their bitcoins so the altcoin pump market was created.

sinkfish

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Quote from: btlzpr on December 04, 2018, 04:51:25 AM

We know, at the beginning of crypto, there was bitcoin as only one crypto. If we return to that situation, will Bitcoin rise sharply?
Does Altcoins have a more positive impact on Bitcoin or will it weaken Bitcoin?

i think it will rise, since bitcoin is the only option, no other coin to buy in.. the price will be quite strong, lesser market movement.

CuriousGeorge

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Quote from: btlzpr on December 04, 2018, 04:51:25 AM

We know, at the beginning of crypto, there was bitcoin as only one crypto. If we return to that situation, will Bitcoin rise sharply?
Does Altcoins have a more positive impact on Bitcoin or will it weaken Bitcoin?

Everything has its own portion even if you are thinking if altcoin die and that doesn't mean if that can bring 100x for bitcoin. Most of people in the crypto are speculators that try to use it as a way to get fast bucks. You must know about that and it's so difficult to imagine.

emmybd

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I think this question is irrelevant, all altcoins wouldn't die. At present, altcoins are very much related to bitcoin, so they would continue to function along with bitcoin.

Brawnsugar

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Quote from: btlzpr on December 04, 2018, 04:51:25 AM

We know, at the beginning of crypto, there was bitcoin as only one crypto. If we return to that situation, will Bitcoin rise sharply?
Does Altcoins have a more positive impact on Bitcoin or will it weaken Bitcoin?

Almost impossible for all altcoins to die, this is largely because some of these projects have real use cases and are valuable to the crypto community. Bitcoin is strong considering how well it has performed since 2010 to date. Remember it is the most popular cryptocurrency as most people know BTC before any other. Alts do not have any negative impact on Bitcoin as they rather depend on it for any growth in their prices.

slaman29

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Well, when Bitcoin was the only one, it grew many times. When Bitcoin was 1 among thousands, it still managed to grow many multiple times.

I don't think x100 is impossible, but perhaps not in the next 10 years or even 50 years. 100x from now is only 400k. McAfee thinks it will be $1 million in 2020 so obviously there is no shortage of believers.

But it won't be the only one. I believe the likes of Monero and Eth will still be around when other alts die.

jeromix

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No, why it should when bitcoin is different from other crypto unless if all altcoin investments will be transferred to bitcoin then it could grow more but not 100X. Probably it will go to 10X more and that is already a good value for bitcoin if it will going to happen.

nreal

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If only one bitcoin I believe it will also disappear, The atlcoin grows after bitcoin so they have superior advantages over bitcoin, bitcoin may be the pioneer but the new altcoin is the future

cytpoway121

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Quote from: btlzpr on December 04, 2018, 04:51:25 AM

We know, at the beginning of crypto, there was bitcoin as only one crypto. If we return to that situation, will Bitcoin rise sharply?
Does Altcoins have a more positive impact on Bitcoin or will it weaken Bitcoin?

First and foremost, all altcoins cannot die and its quite impossible for bitcoin to easily achieve x100
But altcoins can achieve x1000 easily.

For me bitcoin is the last resort, last stage and best form of investment for everyone, don't be fooled, bitcoin is not weakened. don't doubt that.

Topic: If all altcoins die, only Bitcoin is left, will it rise X100? - page 7. (Read 956 times)