Bitcoin has always been the most important coin of the entire market, and that is how it all will continue until cryptos are over, so there is no need to start speculating about all this matter, because it is obvious after all
Topic: Bitcoin and altcoin: Who will take control of the market? - page 24. (Read 6969 times)
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.
It seems like alternative cryptocurrencies are taking more advantage in recent days but I can say that bitcoin will stay on the top for many years from now because it is still Powerful, and it is still the best one among all.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.
As i know or learn from crypto market Bitcoin isn't depended on Alt but the alt do. Also how can alt control a giant like btc. If btc make any run you will find profit from alt but its not then how can you evaluation the price of alt. As Now you can see this, because of btc falling most of alt are just like dead. So BTC is the Boss and will be in future.
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.
It seems like alternative cryptocurrencies are taking more advantage in recent days but I can say that bitcoin will stay on the top for many years from now because it is still Powerful, and it is still the best one among all. 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.
I think bitcoin is better able to control the market, bitcoin is the strongest and has the highest value in crypto. Bitcoin is the original coin and the other is just an alternative.
The more potent rise of Altcoin recently does not show that it will maintains to extra strongly upward push in the destiny. In no manner will Altcoin take manage of the coin market, due to the fact the dependence of Altcoin on Bitcoin is still heavy.
I think generally no crypto coin could take control the market, however there's a time when crypto so unforeseeable the changes on the chart as if it almost control the whole market, this is how the market works no one could predict such a move and insight to the movement maybe someone could if they are smart enough to calculate the idea of whole chart history and news, past news and so on. This is the market were talking about, not something in existence that can control the market who ever take control Bitcoin,Altcoin,Fiat. This is how market should work were just trading the price.
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 think it is always Bitcoin who will take control of the market. Because if the price of the king of all coins is decreasing all Altcoins will be affected and they decreases also and bitcoin will always be the king of all and the number one that has a high-value coin.
The current marketcap bitcoin is about 37% and the second order of ethereum with 15% marketcap, 3 years ago Bitcoin marketcap more than 70% and this certainly shows that bitcoin marketcap continues to decline, the main factor, of course is the increasing number of Altcoin users and not the thing it is impossible that someday another coin will take control.
Altcoins generally are just a bigger market, but for most part, Bitcoin is the bridge between them. Generally, if you want to buy Altcoins, you have to buy Bitcoin and then use that Bitcoin to purchase the Alts. It's hard to find places to buy Altcoins directly. I believe this is what makes Bitcoin and Ethereum in particular so large in terms of all of the other Altcoins. As long as the system of having to purchase Altcoins using Bitcoin/ETH exists, it is very unlikely that the Altcoins will surpass Bitcoin, as there will be people putting as much money into BTC as they do Alts.
Bitcoin is still the first choice with dominance of more than 35%, I'm sure that bitcoin will be hard to replace with other coins because nowadays many big companies invest in bitcoin.
both have control in the market because they will also continue to grow and continue to compete to become the best coin and become a coin that has the potential to be profitable and attractive to investors
I think this question is quite rhetorical because bitcoin has proven ever since it was generated to be the digital currency with the highest value. Now talking about control of the market, bitcoin dominates all the other altcoins and its supremacy overshadows any coin that you can think of.
Last few week so many alt coins raised up while bitcoin and ethereum market down, so we can't say altcoins are controlled by bitcoins and ethereum, but when we need to buy or sell an altcoin we need to use BTC / ETH as intermediate.
In general, if you want to buy altcoin, you should buy bitcoin and then use bitcoin to buy alts. I believe this is what makes Bitcoin and Ethereum exceptionally great in terms of all other altcoins. It is a fact because all are paired with bitcoin in exchange. But this does not mean that bitcoin will be removed by altcoins
Bitcoin will always take control of the market, if you do observed you see the price of btc determined other altcoin, when btc rise it reflects too on other altcoin too
Altcoin is currently being talked about because of its rapid price movement and is considered capable of defeating bitcoin, but I think bitcoin will still control the crypto market and no other coin can beat bitcoin. Altcoin is currently considered capable of controlling the market and can beat bitcoin, it turns out the price movement to date still follow the movement of bitcoin prices. Thus then I think altcoin will not be able to beat the bitcoin.
For now, I figure bitcoin will remain to finish everything and assume control over the market. Be that as it may, it's unrealistic for Ethereum to go past bitcoin and assume control over the market, I don't know when yet some time or another it will happen.
Crypto are in a bubble and your investments could implode at any time. After the bubble bursts only be a handful of cryptocurrencies will survive and new players could emerge.
Jump to: