Topic: Bitcoin and altcoin: Who will take control of the market? - page 11. (Read 6937 times)
I don't think anyone can control the market movements of bitcoin and altcoin, market price movements depend on market participants, if demand is high then prices will rise and vice versa
To date, BTC still dominates and controls the crypto market as its market capitalization accounts for over 51%. It is not easy for the Altcoin to change and bring down the BTC and it is difficult to say. The impact of Bitcoin on the Altcoin is huge, the change BTC can make the market move in the negative direction. So, according to me, BTC is still king in the electronic money market.
that altcoin still depends on Bitcoin. We can prove it by looking at the latest bearish market. Bitcoin prices also drag down the altcoin market. Altcoin is still growing and maybe in the near future, there is a high probability that they will dominate the market. For now, I can conclude that Bitcoin is still above.
That last little move we had there last week was lead by the alt's. They shot up large while Bitcoin made gains but no where near the amount the alts did. I believe the alts will lead the dance this time going against everyone's expectations.
Being the first ever created cryptocurrency, I will still believe that bitcoin will take control of the market. As usual, when bitcoin rises or dropping, it is true to most of the altcoins it the market. It only shows that other coins are still dependent on bitcoin most of the time. Rarely I see that as bitcoin value is falling, some coins are gradually rising. That's how influential bitcoin is in the market.
It is still bitcoin for me.people trusted bitcoin despite of its volatility because almost all knew and experienced already that after the fluctuations bitcoin price always come back and manage to increase a favorable price
I think bitcoin will control the market more often, you can see when the price of bitcoin rises, the price of altcoin also rises, whereas if the price of bitcoin goes down, the altcoin will also decrease so that bitcoin is a champion and Bitcoin is the king of all coins and will always be the price controller. When people talk about cryptocurrency, bitcoin is a must in all aspects of cryptocurrency. It controls many markets, altcoin values correspond to the bitcoin market movement, so control is always on bitcoin.
I think the reason behind fluctuating the market's price is the buyers and sellers or the investors itself, if there are many demands to buy, maybe the price increases and when there is few that's the time the price decreases, but this is just in my own perspective.
In times of volatility and uncertainty, investors tend to favor one particular crypto that has high liquidity and is stable. At the current time, Bitcoin price trend still dominates the market trend.
However, Bitcoin leading position seems to be doubtable as Altcoins have recorded a stronger rise recently and the market is less affected by Bitcoin. Instead of following the general price trend of bitcoin, many cryptocurrencies also start to follow their own “trajectory”.
This week, the altcoin works much better than both Bitcoin and Ethereum. The added value of the ERC20 tokens and the increasing demand for small cryptocurrencies of investors in the global market has proved that Crypto investors are more confident in betting their money on this market.
Saxo Investment Bank from Danish, with its aim to focus on online trading and investment, has announced in a recent report that the capital inflows from organizations to the Crypto market will lead to a rise in prices for most of these currencies.
You can see that bitcoin is the control of the market, you can see that the market is fluctuating continuously and is fluctuating with the downturn of bitcoin, bitcoin prices are falling, causing the market to fall simultaneously. . Therefore, I believe that at this time you should limit the transaction and only short-term trading. When trading you have to constantly observe the bitcoin price to prevent bitcoin prices drastically. However, Bitcoin leading position seems to be doubtable as Altcoins have recorded a stronger rise recently and the market is less affected by Bitcoin. Instead of following the general price trend of bitcoin, many cryptocurrencies also start to follow their own “trajectory”.
This week, the altcoin works much better than both Bitcoin and Ethereum. The added value of the ERC20 tokens and the increasing demand for small cryptocurrencies of investors in the global market has proved that Crypto investors are more confident in betting their money on this market.
Saxo Investment Bank from Danish, with its aim to focus on online trading and investment, has announced in a recent report that the capital inflows from organizations to the Crypto market will lead to a rise in prices for most of these currencies.
Large investors, besides investing a large amount of money in bitcoin, will generate altcoins. I will try to explain a simple scheme.
Selected coins where there is a good influence. Buy them large amounts at the bottom. And starting to pursue interest with this coin, it will periodically increase prices, purchases and sales artificially. At a time when other participants appear on the market except you, it becomes more interesting. Gradually, you can reduce and increase sales and purchases. In other words, this is called Pump. In the end, the coin can collapse to a worse base. At the same time, the same investor will raise money from all markets, which participate in this artificial transaction for millions.
Selected coins where there is a good influence. Buy them large amounts at the bottom. And starting to pursue interest with this coin, it will periodically increase prices, purchases and sales artificially. At a time when other participants appear on the market except you, it becomes more interesting. Gradually, you can reduce and increase sales and purchases. In other words, this is called Pump. In the end, the coin can collapse to a worse base. At the same time, the same investor will raise money from all markets, which participate in this artificial transaction for millions.
As a decentralized system with a complicated design, we find it difficult to see it. There are a number of players with more or less events (for example, miners, holders, exchanges, even developers), but one of them may have more power than others in terms of improvements to the Bitcoin protocol technology that will be carried out. Which causes expensive or not the price of Bitcoin.
I think at this point in time, its hard to overpower bitcoin as it dominates the market today. It has been the means also on why other cryptos exist. I think what the other cryptos doing right now is improving their coins so that it can standout bitcoin and etherium.
The crypto market is controlled by the Bitcoin network. It has proved already. Sometimes altcoin showed up a good pump but without bitcoin altcoi9ns are nothing. If bitcoin price can't up then altcoin will be decreasing. The crypto value, the fame it's' all about bitcoin. and it will remain the same after a decade.
Until now I have not seen that Altcoin will control the market so this is still held by Bitcoin where the type of Altcoin will defeat it.
It's always be Bitcoin who will dominate the market. As you can see every altcoin value is always be affected if Bitcoin goes up and down. If you are holding altcoin you already been suffering more loses rather than holding Bitcoin.
altcoin still relies upon bitcoin for its esteem, altcoin is currently still over the bitcoin yet it won't have a significant lot of time, despite everything I trust that bitcoin is as yet prevalent, on the grounds that I can not perceive how altcoin assumes control bitcoin.
Bitcoin has always proven to rule the market ever since it was generated and currently it is still ruling the market with a dominance of 52.7%.
now,i think bitcoin is gold and control the market.Whether bitcoin and altcoin, equally give a lot of advantages to all of its users. And although bitcoin still dominating the market, we still can not underestimated the power of altcoin. But, to be honest, in my preferences i think bitcoin will take the control of the market better than altcoin so long.
Of course Bitcoin. I never doubted Bitcoin because I felt the power of Bitcoin when the price reaches $ 20,000. That's why I still believe Bitcoin.
In times of volatility and uncertainty, investors tend to favor one particular crypto that has high liquidity and is stable. At the current time, Bitcoin price trend still dominates the market trend.
However, Bitcoin leading position seems to be doubtable as Altcoins have recorded a stronger rise recently and the market is less affected by Bitcoin. Instead of following the general price trend of bitcoin, many cryptocurrencies also start to follow their own “trajectory”.
This week, the altcoin works much better than both Bitcoin and Ethereum. The added value of the ERC20 tokens and the increasing demand for small cryptocurrencies of investors in the global market has proved that Crypto investors are more confident in betting their money on this market.
Saxo Investment Bank from Danish, with its aim to focus on online trading and investment, has announced in a recent report that the capital inflows from organizations to the Crypto market will lead to a rise in prices for most of these currencies.
https://www.bitcoinmarketjournal.com/conferences/However, Bitcoin leading position seems to be doubtable as Altcoins have recorded a stronger rise recently and the market is less affected by Bitcoin. Instead of following the general price trend of bitcoin, many cryptocurrencies also start to follow their own “trajectory”.
This week, the altcoin works much better than both Bitcoin and Ethereum. The added value of the ERC20 tokens and the increasing demand for small cryptocurrencies of investors in the global market has proved that Crypto investors are more confident in betting their money on this market.
Saxo Investment Bank from Danish, with its aim to focus on online trading and investment, has announced in a recent report that the capital inflows from organizations to the Crypto market will lead to a rise in prices for most of these currencies.
Bitcoin position as being a dominant with all cryptocurrencies never to be doubtable as you can see that Moscow, U.S.A and other countries around the world as the Global Blockchain Foundation established with global vision. Bitcoin and other cryptocurrencies are Emerging as an innovative approach as as to achieve functions as flat currency for helping the government and institutions.
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