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Topic: What will happen to all coins when bitcoin reach to 10k? - page 5. (Read 1915 times)

full member
Activity: 938
Merit: 108
OrangeFren.com
Some one please tell me !
Thank you Grin

Then it may stay at the price or whales will get a little profit to dump the bitcoin price. right now people are holding bitcoin this is why we are on the tip.
newbie
Activity: 45
Merit: 0
$10,000 is an interesting number. The exponential growth of Bitcoin is a warning sign for me because I believe it is a result of speculation and FOMO. Not to mention, over 90% of Bitcoin is held by 4-5% of wallets. This might be an unpopular opinion but I am expecting a Bitcoin correction soon.

Correction?
It was done when the price dropped to under 6000 dollar and now the price is rising again. I don't expect any correction to be done soon.

Let's see what happens  Grin
full member
Activity: 658
Merit: 108
$10,000 is an interesting number. The exponential growth of Bitcoin is a warning sign for me because I believe it is a result of speculation and FOMO. Not to mention, over 90% of Bitcoin is held by 4-5% of wallets. This might be an unpopular opinion but I am expecting a Bitcoin correction soon.

Correction?
It was done when the price dropped to under 6000 dollar and now the price is rising again. I don't expect any correction to be done soon.
hero member
Activity: 812
Merit: 501
Some one please tell me !
Thank you Grin
some coins will follow BTC and others drop. fake coin with dump and pump model will be left because they are worthless. Legit and trusted coin will follow the BTC price. The higher the BTC price the higher the alltcoin price. That is fact. I see a lot of tokens are worthless after ICO. So that I keep only the best token like ten x pay.
newbie
Activity: 45
Merit: 0
$10,000 is an interesting number. The exponential growth of Bitcoin is a warning sign for me because I believe it is a result of speculation and FOMO. Not to mention, over 90% of Bitcoin is held by 4-5% of wallets. This might be an unpopular opinion but I am expecting a Bitcoin correction soon.
full member
Activity: 528
Merit: 100
I think that after that there will be only strong coins behind which there are strong and experienced teams who are developing their project. There will come a time when most of the altcoins will fall in price and and will not grow any more. It should have happened anyway because so many different coins
newbie
Activity: 94
Merit: 0
If bitc oin hits 10k$ in the end of the year many off us will get reach Grin
member
Activity: 210
Merit: 10
correctly. for example as organizers of ICO Confido
sr. member
Activity: 686
Merit: 251
I'm investigating Crypto Projects
Some one please tell me !
Thank you Grin

What will happen? Some will go up, some will go down and some are a scam and will disapear with the money they stole. Is this about right?
hero member
Activity: 728
Merit: 537
Well, the current continuous increase in price of btc makes everyone who has money invested in other altcoins sell of their coins and buy btc hoping that they will get a seat on the train of the crazy profits.

That's why, whenever btc starts going up these days, you'll see the whole altcoin market in red.
I guess it makes sense as the price is increasing in a crazy, insane, totally unbelievable manner.

Invest 6k in bitcoins a week or two ago, boom became 8.3k without you doing anything. Tell me who'd even bother with trading altcoin with this profit margin ?

People tend to get back to altcoins when btc starts going down. So I can safely say that if you didn't buy btc for a low price, don't buy now (except if you're looking for a long-term investment). Instead, buy some altcoins as they will surely get back some attention when btc goes red.
member
Activity: 210
Merit: 10
after achieving this goal, he will fall
jr. member
Activity: 54
Merit: 10
time show us but i think it will be nothing spectacular for alts.
sr. member
Activity: 700
Merit: 251
Its very good question I am sure nothing happening to alt coins as we have many new investors and its creating new space for them as its going to touch 10K mean more money for all bitcoin and altcoins coming which will give some green to solid projects but wil weak communities and scammer devs most of them going to dead
hero member
Activity: 1008
Merit: 537
Nobody knows. There might be a big BTC sell-off when it cracks 10k, but it shouldn't really last very long. In that time altcoins will either bleed as well or go up depending on whether people move their BTC profits into fiat or alt.

When we does not find the bitcoin price is 10k or especially more in the chart we will never think what will be altcoin price also. Every coins fluctuates according toe demand and supply theory only so it will consider in the each one.
If you want see the bitcoin price at 10k and comparing the same time with the altcoin we will never find the answer for that speculation.
legendary
Activity: 1292
Merit: 1000
Nobody knows. There might be a big BTC sell-off when it cracks 10k, but it shouldn't really last very long. In that time altcoins will either bleed as well or go up depending on whether people move their BTC profits into fiat or alt.
hero member
Activity: 3178
Merit: 977
www.Crypto.Games: Multiple coins, multiple games
Do not forget about all the new people interested in bitcoin/crypto because of rise of bitcoin. If the bitcoin reaches 10k (and I am sure it will), there would be much more money coming from a new users in crypto space so definitely crypto will remain in a bull market.
I agree with you. As the value of bitcoin continues to appreciate, more and more people around the world will take notice of bitcoin and the crypto world which will help in so many ways. A very small percentage of the world population knows what bitcoin actually is while the majority of them don't even know what it actually is. When it comes to the question posted by op, I think several altcoins will pump like crazy along with bitcoin while the rest will simply decline in value for the short term.
full member
Activity: 392
Merit: 102
Mostly agree with the posts here.  It's not rational, but round numbers are psychological hurdles so a many people will likely sell their Bitcoin when it touches $10,000... what they do with the funds is another matter.  Some may turn it into fiat but I have to imagine some will go into Alts.  Who knows... maybe the alt-coin market will rebound a bit then.
legendary
Activity: 1918
Merit: 1759
Some one please tell me !
Thank you Grin

We can't predict future of altcoins from Bitcoin price projections. It is circumstances that matter more than price itself.
For example, when Bitcoin rose from $5K to $6K, the biggest factor for its rise was Segwit2x fork. People were selling their altcoins and buying Bitcoins. As a result prices of altcoins fell. But the rise of Bitcoin from $7K to $8K was due to increase in adoption, as a result other coins also benefitted from it and market is mostly green these days.
So if Bitcoin will reach $10K without any big FUD, other coins will increase too. But if its rise was merely speculative due to some FUD, others coins will get dumped.
full member
Activity: 504
Merit: 103
if bitcoin will reach $10k ,Firstly, Most of Altcoins will a little bit dumb. After that, Altcoins will be rising extremely like 3x 4x.
full member
Activity: 392
Merit: 101
Do not forget about all the new people interested in bitcoin/crypto because of rise of bitcoin. If the bitcoin reaches 10k (and I am sure it will), there would be much more money coming from a new users in crypto space so definitely crypto will remain in a bull market.
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