Topic: Bitcoin and altcoin: Who will take control of the market? - page 21. (Read 7002 times)
Altcoin will not control the crypto market, because this Bitcoin is the king of all coins, and Altcoin is his warrior so it will not be possible the king is defeated by the warrior, without the bitcoin definitely Altcoin never existed, and if we invest in Altcoin more at risk than invest in Altcoin, so i always think Bitcoin still leads the market.
Bitcoin surely. you actually need to have bitcoin first to buy altcoins since it is really hard to buy altcoins directly.
I think that it is not important that Bitcoin takes the lead every time. There are Altcoins working efficiently and making their position stronger in the market.
Therefore, they can take control of the market too. Paragon coin has a great road map. It is coming up with its new projects that can make it stouter and help it take the top rank.
Therefore, they can take control of the market too. Paragon coin has a great road map. It is coming up with its new projects that can make it stouter and help it take the top rank.
I think Altcoin is a big market, but if you want to buy Altcoin, you have to buy Bitcoin and then use the Bitcoin to buy Altcoin, it's hard to find a place to buy altcoin directly and as long as the system has to buy altcoin using bitcoin, it would be very unlikely Altcoin will have a price greater than Bitcoin.
I think bitcoin will dominate the market over altcoin. The price of altcoin almost depends on the price of bitcoin when bitcoin discount almost all altcoin also fall in price.
You are correct because right now price of altcoin you can see all are down and bitcoin price have rised with same percentage. So it is clear that Bitcoin will only dominate the market and other altcoin are just source of earning free bitcoin. At the end all altcoin will be sold for bitcoins only.
Exchanging with Altcoins require considerably more care. Oversights in exchanging with Bitcoins and Altcoins can influence you to lose your important venture at a brief span. Most likely that any sort of venture requires all consideration, commitment and incredible concentration that causes you stay away from botches. Besides, Bitcoin and Altcoin exchanging isn't cut for everybody. Here are a few hints that will enable you to know whether it will work for you and how to do it effectively.
I think bitcoin will dominate the market over altcoin. The price of altcoin almost depends on the price of bitcoin when bitcoin discount almost all altcoin also fall in price.
It’s common to hear many within the community question about the feasibility of investing into altcoins whenever they’re in a sea of red (falling in value). The above analysis justifies the reason for doing so. The profit potential in investing on altcoins is enormous; that’s assuming if you have a little patience and go with fairly reputable altcoins (based on market capitalization).
It is important to note, however, that the introduction of newer coins coupled with cryptocurrencies’ extreme volatility may result in a change in the current market situation; the top 10 cryptos last year may not be the biggest coins now. Nonetheless, with some research and most of all, patience, chances are you’ll do well if you invest in some decent altcoins and hold them for a while instead of panic selling and berating yourself for not buying Bitcoin instead every time your coins dip.
Read More : https://masterthecrypto.com/bitcoin-vs-alt-coins-returns-comparison-gains-bitcoin-altcoins/
It is important to note, however, that the introduction of newer coins coupled with cryptocurrencies’ extreme volatility may result in a change in the current market situation; the top 10 cryptos last year may not be the biggest coins now. Nonetheless, with some research and most of all, patience, chances are you’ll do well if you invest in some decent altcoins and hold them for a while instead of panic selling and berating yourself for not buying Bitcoin instead every time your coins dip.
Read More : https://masterthecrypto.com/bitcoin-vs-alt-coins-returns-comparison-gains-bitcoin-altcoins/
maybe, because many people use that and other people not use that for those using bitcoin will upgrade lifetime business in marketing and for the altcoin we will use that for payment.
Scenarios are:
If bitcoin is rising altcoins is falling
And if bitcoin is falling ,altcoin is falling
Or
If bitcoin is rising altcoin is rising
So in my opinion, bitcoin take control the market.
If bitcoin is rising altcoins is falling
And if bitcoin is falling ,altcoin is falling
Or
If bitcoin is rising altcoin is rising
So in my opinion, bitcoin take control the market.
I think BTC and altcoin have their own advantages. BTC is technology and altcoin is technology
It's hard to predict now. I think that crypto field is still too young to find certain patterns. For example, not BTC is strong again, and alts are way behind it.
Until 2020 bitcoin will take control of the market. Bitcoin popularity is so huge that no altcoin can step up for now. Bitcoin needs 8 years for it to bloom and for the price to increase that big. So for altcoin it will take control after 2020 where bitcoin is not the number 1 in the market.
Theoretically, such a cryptocurrency, or altcoin, which would be better than bitcoin, may well appear. And in terms of functionality, let's say such it's blockchain will solve the bottlenecks of bitcoin blockchain. Such new altcoin would be more interesting for investors for many reasons. I'm not saying that it must be in future, but it rather possible.
And such altcoin could control market.
And such altcoin could control market.
On usability maybe there's some altcoins that better than bitcoin but if you're talking about price then I guess it's almost impossible to beat bitcoin. I've seen many altcoins with awesome function lately that bitcoin doesnt have.
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 are correct. Each altcoin will be controlled by it's engineer's and authors. Be that as it may, Bitcoin Controlled Whole crypto advertise. It implies Whole digital currency showcase rely upon bitcoin. In the event that Bitcoin cost increment then Other digital money cost will increment, if BTC cost derease then other cryptographic money cost will diminish. 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.
Theoretically, such a cryptocurrency, or altcoin, which would be better than bitcoin, may well appear. And in terms of functionality, let's say such it's blockchain will solve the bottlenecks of bitcoin blockchain. Such new altcoin would be more interesting for investors for many reasons. I'm not saying that it must be in future, but it rather possible.
And such altcoin could control market.
And such altcoin could control market.
more technology and more development is more control over the cyprtocurrency world
I beg to disagree with the position that some altcoin are now moving on their own trajectory.For some time that bitcoin has been in a bearish mode all the altcoin were in the same mode. For example one of my portfolio that used to have about $2.5K but now i have only $900 and this portfolio has altcoins all through. I also noticed that bitcoin is now trending and the altcoin are also rallying for the past one week.
Basically both are good, Bitcoin remains a better known, widely accepted/traded coin. Its value, although volatile, seems to show steady promise. Year on year you are sure to make a profit from buying Bitcoins.
Then, you have numerous other Altcoins that show massive promise, the mere nature of the coins, the technology they run on and the ideas behind their existence always tend to drive both demand and value.
Between the both, I would maybe base your choice of investment on the nature of business you would want to transact. Do you want a ‘’quick fix’’ maybe short term ROI on a substantial amount. Then choose Bitcoin and still hope.
Then, you have numerous other Altcoins that show massive promise, the mere nature of the coins, the technology they run on and the ideas behind their existence always tend to drive both demand and value.
Between the both, I would maybe base your choice of investment on the nature of business you would want to transact. Do you want a ‘’quick fix’’ maybe short term ROI on a substantial amount. Then choose Bitcoin and still hope.
Bitcoin is dominating now for a reason and that is because altcoins are dependent on it. Their prices all depends on it, if bitcoin rise, they rise, if it fall, they fall. I believe if this dependency is overcome, then there is a chance for other coins to take the lead
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