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Topic: What happens to the other cryptocurrencies if the Bitcoin goes to $ 2,000? - page 5. (Read 1497 times)

jr. member
Activity: 560
Merit: 3
Are you confused just that $ 2,000-3,000 bitcoin? And nothing that the broadcast is already $ 80 and the entire market has fallen in price. All cryptocurrency lies and can not get up. Need to wait out this difficult period
full member
Activity: 784
Merit: 100
Other coins will go down similarly. If Bitcoin drops to $ 2000, that is, by 30 percent, then other coins will fall about as well.
full member
Activity: 397
Merit: 101
When bitcoin reaches $ 2000 I'm sure there will be more altcoins that don't have meaningful prices in the market and then lose buyers and die. Likewise with the ICO, more ICOs will not even reach their low cap because investors are increasingly desperate to invest, but I think that will reduce the circulation of ICO scam because scammers consider it to be less profitable.
full member
Activity: 280
Merit: 100
Let's assume, when bitcoin is still at $6500 the price of ETH is in the range of $200. Currently bitcoin is at $3250 and the price of ETH have touched $80. So it can be concluded that, if bitcoin touches $2000 the price of ETH will be in the range of $40, and the value of other altcoins will decrease up to 50%. I can't imagine if this really happened, maybe there are will be many investors who go bankrupt and won't believe anymore if cryptocurrency is a profitable investment.
newbie
Activity: 185
Merit: 0
Current ICOs and altcoins are affected already.
If it goes down some more, the price would dump more
full member
Activity: 753
Merit: 100
As we can see at the moment, the price of bitcoin has updated its annual minimum, and the price of all altcoins depends on the price of bitcoin. In connection with this, the market for ICO projects for some time has not been in demand and the popularity that was previously.
newbie
Activity: 51
Merit: 0
Hello, I would like to know your opinion about this: What happens to the other cryptocurrencies if the Bitcoin goes to $ 2,000? I mean ICOs, altcoins, low market cap coins.
Now ICOs and low market cap coins have very bad times, but if Bitcoin goes down to $2,000-3,000 what will happen? This will be the end of ICOs?
Because I think that most of investors will sell everything to buy more Bitcoins.

BTC will take down all the other cryptos as well. Just what has been happening until now
member
Activity: 532
Merit: 10
It had been happened before 2017, don't worry, a good coin always strong, bad coin maybe disappear and new coin will born. I think current situation is a filter for a good and bad coin and from now let's hunt a good coin.

maybe you're right, but what about new coins growing. Even though he has a quality project, he does not have the opportunity in this situation to slowly die.

according to this it's not about good or bad coins that will last. because if the market continues to fall not only new coins, even all the coins that are currently available will be destroyed. like ethereum who can't survive, see how good this coin is but he doesn't have the strength to survive.
hero member
Activity: 966
Merit: 500
Obviously, most cryptocurrencies simply cease to exist .. It is only a matter of time and such a low price contributes to this.

If it happens (hopefully, we will not see these changes), I do not think that many altcoins will disappear. Simply they will become extremely cheap. However, traders will still be able to make money even in this difficult situation.
full member
Activity: 812
Merit: 102
If this happens, it will definitely affect the market. But I think below $ 3000 bitcoin will not fall. Although you can expect anything. In any case, the altcoins also have a future and many investors understand this prospects and will not let them die.
jr. member
Activity: 375
Merit: 3
If Bitcoin goes down to $2,000, all altcoins will goes down too.
Altcoins price is stricted to bitcoin, Ethereum, one of the biggest altcoins now, will goes to $40 if Bitcoin goes to $2000.
member
Activity: 238
Merit: 10
Most coins will also fall in price, perhaps even more than the price of Bitcoin. But individual coins can rise in price, as investors and traders will look for a way to hedge a fall. For example it can be stablecoins.
jr. member
Activity: 280
Merit: 1
ADAB Solutions First crypto exchange Islamic Cryp
If this happens, then most likely other coins will fall in the same way and will cost much lower, although there are coins that still surprise me!
sr. member
Activity: 1246
Merit: 306
That would be an amazing momemt for me, lol, i would rather pick some btc at lower prices because everyone knows that btc is the Holy-Mother in crypto. My answer is YES! Many icos will not succeed to reach the SoftCap and the low Market Cap coins will die sooner or later. Theres also some solid altcoins that will never die because peoples started to trust them and show love toward their products.
hero member
Activity: 3024
Merit: 614
Leading Crypto Sports Betting & Casino Platform
Hello, I would like to know your opinion about this: What happens to the other cryptocurrencies if the Bitcoin goes to $ 2,000? I mean ICOs, altcoins, low market cap coins.
Now ICOs and low market cap coins have very bad times, but if Bitcoin goes down to $2,000-3,000 what will happen? This will be the end of ICOs?
Because I think that most of investors will sell everything to buy more Bitcoins.

There's a possibility that it's going to happen because right now the market is sliding and the price of the altcoins are also performing miserably, they are very fast to sell or dump their altcoins than to sell their Bitcoin, so this is going to be a game changer and a very much different scenario that we have seen for a long time.
full member
Activity: 616
Merit: 100
I would not like to bitcoin fell to this level of prices, but even if it happens I think altcoins will lose in price even more.  Such a drop can drag the cryptocurrency market into a long stagnation, and many investors will simply leave this market forever. Let's hope for a better outcome
full member
Activity: 518
Merit: 100
since all of the coins has not been decoupled to bitcoin, definitely the prices of the altcoins would still go down by more than 20% - 30% of its current prices if bitcoin goes to 2000 usd. Anything can happen, and if this will happen and I have money on my pocket, I will try to fill my bags more.
copper member
Activity: 210
Merit: 2
www.daxico.com
It will be very difficult right now if bit coin to dip to 2000 . The bottom is ready reach and can't go beyond this .so many traders are already pulling out of the short position they continuously took for a long time. Although if bit coin dip to 2000 altcoin will follow dip at the same time but not all altcoin will dip.
member
Activity: 560
Merit: 22
There are so many different posssible scenarios. Everyone is preaching their own (best outcome). I think if btc drops below $2000 a lot of projects will seem worthless, but are they really worthless just because btc is down? It may also lead to decoupling and to proper projects to prosper without those ties to other coins. I am not sure what will happen, but pas experiences lead me to believe that those that want cheap btc will do everything in their power to get cheap btc.....and the bottom doesn't seem to be in sight (yet).
full member
Activity: 1358
Merit: 100
If that happens of course the price of the altcoins will getting low and many ICOs will failed or they will extended.
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