Topic: What happens to the other cryptocurrencies if the Bitcoin goes to $ 2,000? - page 7. (Read 1468 times)
December 14, 2018, 03:06:50 AM
I guess in the case of a decrease in Bitcoin to $ 2,000, altcoins will fall proportionally as a percentage. However, unlike in past times, money will not flow from altcoins into bitcoin, because the altcoin market looks much more promising in the long term.
November 17, 2018, 02:49:59 PM
When Bitcoin reaches the $ 2000 price, then the market is down, and all other Altcoins will become worthless. When that belief is lost, that is the most important thing in this market.
November 17, 2018, 02:07:20 PM
Most likely alts will drop too and much more. If you campare BTC drop and alts drop of ATH 2017 all alts dropped much more compared to BTC. A good reference is always BTC dominance:
https://coinmarketcap.com/charts/#dominance-percentage
BTC dominace went up from 33% in January 2018 to 52% today.
https://coinmarketcap.com/charts/#dominance-percentage
BTC dominace went up from 33% in January 2018 to 52% today.
November 17, 2018, 01:34:40 PM
Do not worry, even if Bitcoin dropped to $ 2,000-3,000, ICO will exist and new projects will be created. ICOs were also at a price of $ 1000 per Bitcoin. The only thing that would happen when the Bitcoin price drops, would be the drop in other altcoins.
Finally, I would like to add that such a catastrophic scenario is possible but I have not taken it too seriously so far. I'd rather ask: Will it go under $ 5,000? Will Bitcoin be reflected somewhere before this price? Time will tell, we'll see later how it goes wide next.
Finally, I would like to add that such a catastrophic scenario is possible but I have not taken it too seriously so far. I'd rather ask: Will it go under $ 5,000? Will Bitcoin be reflected somewhere before this price? Time will tell, we'll see later how it goes wide next.
November 17, 2018, 01:14:29 PM
It seems to me that nothing bad will happen, I think that on the contrary, it will have to attract a very large number of new investors who can invest in cryptocurrency new money. I think it will be next year.
November 17, 2018, 01:11:35 PM
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.
If that happens then this is probably the biggest purge in the history of crypto. If BTC is down 2k $, many sell out BTC and desperately leave the market. altcoin will return with dust as new born. 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.
ETH will also dramatically decrease as much as $ 50 even lower. All ICO projects will die because of insufficient funds.
November 17, 2018, 01:13:59 PM
Altcoins rise and fall depends on the btc price' rise and fall too. Altcoin price is directly proportional to btc price, meaning if btc price go up so does altcoin prices, if btc price fall down so does the altcoins price. But if btc goes back to $2000, many altcoins would suffer making their value almost free. But this turn of event would give many buyers oppurtunity to gain more if they sold what they have bought at the cheaper price, yet on the contrary many would be holders making the market moving slowly.
November 17, 2018, 01:10:57 PM
The initial reaction of people holding altcoin and token from ICO will be to dump right away to buy more bitcoin. If this scenario play out, many people will be able to buy some amazing coin and token at rock bottom price and they will become rich as a result!
November 17, 2018, 01:02:54 PM
I can't predict this but I think it will awful. As for me, I will buy more btc and other altcoin at small prices. Whem something is falling you need to buy. But when smth is growing you need to start selling.
November 17, 2018, 12:29:42 PM
There are very few places in the world in which your mining cost for Bitcoin are less that $2,000. If Bitcoin fell to this level and stayed at this level for any length of time it might mean the end of Bitcoin as Mining Farms all over the world would shut down from an inability to pay their bills. $2000 BTC would badly affect the price of Altcoins but the disappearance of BTC and other PoW coins might actually be good for the long term health of the industry.
November 17, 2018, 12:23:22 PM
last year's bull run was like once in a blue moon with price spiking up to a greater level,though many economic factors were responsible.Even many scammers pulled out different scams and many money laundering activities happened.But to be honest this year the scenario is little different.Many people have already known about crypto and government in almost all countries are on high alert.For bigger whales or institutional money to come into play the market needs to a bit stable or else with so much fluctuations the whales and bigger investors are bound to be scared.Present scenario is only suggesting some correction are being made in the market to make crypto worth in long run.
November 17, 2018, 12:00:58 PM
If Bitcoin drops to $ 2000 it will not stay at this level for a long time. I am sure that as soon as he touches this mark, people will immediately begin to buy it back on a huge scale. so I think it will not affect on the ICO
I agree with you. Some investors buy it now because it is a lower price than before, what if it reaches $2000 dollars? The only direction it will take it to rise up again, even I, will invest more if that will happen. It will be the biggest profit I think that we will have if we do that. November 17, 2018, 11:49:06 AM
If Bitcoin goes to $2000 then most of the ALT coins will explode so you better be ready and have your witts about you because nobody wants a face full of Verge or Cardano! thats guna ruin anyones day for sure
November 17, 2018, 11:42:05 AM
Should BTC head to $2,000, then this will cause a serious problem for other altcoins. But if BTC is $2000 and the current market capitalization is sustained, this may signal the end to BTC high dominance which is not too bad, but it calls for concern too like the war against decentralization might be suffering some setback.
November 17, 2018, 11:44:47 AM
it became a very terrible thing and should not have happened because we can now see that bitcoin is stable and down altcoin is declining for a long time. altcoin has experienced a great decline especially tokens may experience a terrible decline. I hope this doesn't happen
November 17, 2018, 11:34:25 AM
Bitcoin will never touch the 2,000 USD per coin again.
THough if that happen then every alternative coin in the market will be low in USD value.
Every exchange is with BTC/ALTS or ETH/ALTS
and we know that ETH/BTC value also.
THough if that happen then every alternative coin in the market will be low in USD value.
Every exchange is with BTC/ALTS or ETH/ALTS
and we know that ETH/BTC value also.
November 17, 2018, 11:32:20 AM
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.
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.
Must be insvestors leaving so other alts will be broke down or it could be disappear.
And crypto is lose interest from the world.
I think we should prepare for that day.
November 17, 2018, 11:30:04 AM
Well if so the market should fall I think to wait for the next rise is better not to wait , especially since many projects and even coins will just go into oblivion , so I dunno what to levels not reach
November 17, 2018, 11:29:27 AM
since bitcoin has a huge impact on altcoins, respectively, the price of altcoins will also fall approximately three times
If btc falls to such great extent then many altcoins would go to cents marks and fall by 80% from the current price. As everything is depend upon the btc prices and if that only falls then altcoins naturally will be failing a lot. So always be cautious and do not invest all money under crypto.
November 17, 2018, 11:24:25 AM
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.
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.
When it goes there then people who invested in other altcoin would be wary and try to take out all of their investments and would result to make the market cap of crypto go down.
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