Topic: Bitcoin and altcoin: Who will take control of the market? - page 19. (Read 7002 times)
In my point of view that Bitcoin already has the control over the crypto market. It is the only coin being used for entry and exit point in the crypto market. Also most of the exchanges have BTC as the base currency for altcoins pairings. Not to mention the prices of altcoins are still coupled with the prices of Bitcoin.
In my opinion that Altcoins are still dependent with Bitcoin. We can prove that by looking at the most recent bearish market. Bitcoin's price is also dragging down the Altcoin market. Altcoins are still growing and maybe in the near future, there is a huge possibility that they will take control of the market. For now, I can conclude that Bitcoin is still on top.
Altcoins price do only follow on what is the current value of bitcoin. Therfore bitcoin will still the winner if we are going to compare them both. Though Alts has a wider range of coins that may seem to be more indemand when comapred to Bitcoin because majority of people are into trading .
But generally, it does not really matter whether Alts or Bitcoin can take control of the market because more important is there are still crypto that we can use in order to earn a profit and to use for useful porpuses.
But generally, it does not really matter whether Alts or Bitcoin can take control of the market because more important is there are still crypto that we can use in order to earn a profit and to use for useful porpuses.
I agree with you because bitcoin still are the most popular cryptocurrency in the world. Even if you want to buy something you must use bitcoin as a payment method.
As we have been seeing for many years, all the advantages has bitcoin and altcoins for many years will not be possible to circumvent it. There are altcoins that show the same potential as bitcoin showed at the beginning, but investors prefer a proven option and choose bitcoin.
I think that altcoins are as yet subordinate with Bitcoin. We can demonstrate that by taking a gander and no more late bearish market. Bitcoin's cost is likewise dragging down the altcoin showcase. Altcoins are as yet developing and perhaps sooner rather than later, there is a colossal plausibility that they will take control of the market. For the time being, I can infer that Bitcoin is still to finish everything.
As usual the coin that take control of the marketplace , is the bitcoin over the altcoin ,due to the fact the bitcoin has the highest price price of the marketplace index, so bitcoin is also used as reference fee of all altcoin within the market, that iswhy bitcoin will take the lead inside the marketplace cap.
It is very clear that it is bitcoin which controls the market reason the main hold on the market is by bitcoin, altcoins are subsidiary to support bitcoin, in the market bitcoin is the exchanger for any exchange bitcoin is must and this quality of btc raise its value and become the controller of the market.
yes, maybe altcoin is also very influential on the development of market conditions. but I think the bitcoin is still more dominant than altcoin. by observing how this market moves now, I disagree with your opinion, because I think bitcoin still seems to be the reference for other coins and bitcoin is still on board and never has a signal that this can be taken control by altcoins for now. I think this will never happen for the next three or five years. I'm sure bitcoin is still king and very influential on the other coin.
Without thinking that the activity of developers of the first crypto currency is connected with the threat from competitors. Most likely, they believe that they own an amazing technology and want to develop it further. They are tuned to improve it by bringing in the technology everything interesting that they meet on their way. It is quite obvious to me that the motives of their work are not the fear of the altcoins
Bitcoin is the king of the market and all others coins are totally dependent on the bitcoin. Fluctuations in BITCOIN directly effect the market price of other coins in the crypto market.The investors of bitcoin are more as compare to Altcoin. The price of Bitcoin and altcoin are interconnected but bitcoin has more power in the market as compared to the altcoin. so, we can say that Bitcoin has more control over the market from the long time and in future this power and control will remain constant as the market value and number of investors of bitcoin are increase day by day.
Over the years, bitcoin is the leading crytocurrency in the market which happens because it is the pioneer in the world of cryptos and because of it's price. As of now it is the leading crypto in the market and most altcoins are depending to bitcoin. I think bitcoin will continue to take the lead in more years to come and altcoins will still remain dependent to it.
Bitcoin is the first cryptocurrency that solved the issue of double spending and thereby making it the first ever accepted cryptocurrency. It dominated the market and then others followed and named altcoins. Since inception bitcoin have proved superiority in many ways and have maintained dominance over all cryptocurrency. Many people cared less about altcoins and focus on Bitcoin. Bitcoin also dictates the fate of other cryptocurrencies. Bitcoin is still the king.
bitcoin and altcoin prices are usually controlled by crypto currency traders. traders always sell their crypto currency at a very expensive price. if you are a person then you can change the market price.
Well it is pretty obvious that bitcoin will take control of the market as you can see at the moment how it is rising in price. People sometimes give up on bitcoin so easily but i think it is based on the little knowledge that they have about bitcoin.
In a normal sense, it is definitely BTC that controls this market, and altcoin is definitely far less influential than BTC. Compared with BTC, I am more willing to invest in it.
if I think bitcoin will be the market controller gan. because if I notice a lot, especially now the altcoin that moves the graphics should follow the movement of the bitcoin price chart bro
In long term, it would be an altcoin with an actual utility and mass usage. But for short term, BTC will maintain its dominance because it is preferred the most when it comes tzo investing in cryptos. Also, launch of BTC ETF etc is going to boost the money inflow in BTC which will help it to maintain its dominance in the marketcap. No other altcoin has potential to beat Bitcoin in short term.
Obviously Bitcoin will take control of the market. Cause Bitcoin is the king of all crypto coin. If Bitcoin's price went decrease also others altcoin also going down very badly. So Bitcoin is the main controller of crypto market.
In my on view bitcoin will definitely take the control of the market because once there is change in value of bitcoin its a most it affect all other coin in the market.
Even some other alternative crypto are very strong and have potential to get even stronger unfortunately bitcoin is the one that dictates others. So if you invest there is no such a great crypto as a bitcoin. If anything else go up bitcoin is also going up. And if everything goes down and disappear bitcoin will held onto its position till the end.
Jump to: