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Topic: The Alts need Bitcoin to go over 10K - page 2. (Read 157 times)

hero member
Activity: 840
Merit: 508
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May 09, 2018, 08:51:13 AM
#5
It doesn't really matter what the absolute value of Bitcoin is, it is arbitrary. Altcoins tend to maintain the same ratio of their value against BTC regardless what this value is, e.g. Ethereum is always approximately 7-8% of the Bitcoin value, and this will probably be the same once bitcoin reclaims $10,000.
sr. member
Activity: 1092
Merit: 250
Hodlers Network
May 09, 2018, 08:44:16 AM
#4
10K USD is a trong resistant zone in bitcoin,,
yes, altcoins need bitcoin price to grow up, because when the value of bitcoin is high,
most of altcoins will grow too in USD terms  Wink
member
Activity: 336
Merit: 10
May 09, 2018, 08:38:08 AM
#3
Really? I don't think the same like you're. 10k$ is the biggest barrier at the moment for BTC but if BTC price can get over 10k$ I think it can go to the moon or more than 20k$ at least right after that and I think you know what will happen to altcoin if Bitcoin price rise rapidly, all altcoin price will dump to hell and it'll take really long time for altcoin to be able to retrieve.
hero member
Activity: 728
Merit: 500
May 09, 2018, 08:35:37 AM
#2
Strongly I doubt. I do not see the prerequisites for such a development of events on the crypto-currency market.
jr. member
Activity: 294
Merit: 3
May 05, 2018, 03:19:23 AM
#1
10K signals a bull!
In my opinion 10K BTC is paramount!
Without 10K this market will linger!
Opinion Only OK
I am currently investing in BTC daily to the extent of my exchange limits in Asia:FACT
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