Bitcoin and Altcoin are different types of coins but are interconnected with each other. If someone sells Altcoin is used to buy Bitcoin then Altcoin will experience a decline and Bitcoin will increase and vice versa.
that's what I have seen and observed so far.
Topic: Bitcoin and altcoin: Who will take control of the market? - page 3. (Read 6937 times)
BTC still controls the market and the major Altcoins are needy to its value developments. BTC is appear to be at the focal point of the Altcoin economy since it can lift up stifle and discourage its cost. Some Altcoins go up when the cost of the BTC stagnates or stays unaltered yet it not generally happen. Altcoins ought to have a level of freedom from BTC it need to control the entire market.
Both are crypto and it is using in the market for different transactions and i think that bitcoin is the one which h can control the whole market and altcoin are also good when the bitcoin price rise and the market is 60% of bitcoin.
Only bitcoin can take control.
Alt coins cost nothing in the deep and btc have big part of total capitalization
Alt coins cost nothing in the deep and btc have big part of total capitalization
Your idea is good because although there is many altcoins comes out and many is now comparing that altcoins is more expensive than bitcoin, but still bitcoin is their bridge to trade it into money, although altcoins is the bigger market in this crypto world they need to trade it into bitcoin first before they will trade it into money, it is really hard to find where to buy altcoins directly although there is free on the any faucet on altcoins but still many is using BTC as a money than altcoins and many is still investing on bitcoin than to any altcoins and bitcoin is still more popular than them.
The altcoin market still has a long way to go before investors can use it as their primary source for digital currency. The fact is that Bitcoin has always been here and it will continue ruling the financial world for years to come. Altcoins will always be affected by Bitcoin whether it’s in a smaller or larger way. As of now and a few years down the lane, it’s difficult that altcoins will surpass Bitcoin and take control of the market.
Bitcoin will control the market because it is the oldest currency than altcoin and also having too much demand to people will buy bitcoin without any dare because it is the most reliable digital currency so all the control of market is in the hand of bitcoin.
No coin will be a bitcoin contender since digital and crypto money seems, by all accounts, to be started by bitcoin so that even now its development and improvement turn into a reference for altcoin. It's difficult to be a bitcoin contender, on the grounds that the fundamental reason for speculators and dealers in the market is to get however much bitcoin as could be expected.
Btc controls the market, while altcoins follow it. To change this, a mighty force must enter the market and start to promote other technology, investing tons of money in it. But an attack must be grounded with real technology and use-cases for the product, not like it happened with bitcoin cash.
As the first born coin, Bitcoin is more popular. Bitcoin has a purpose that can be used as a store of wealth, like gold but in digital form. This coin can improve conventional money functions to some extent. Whereas eth's goal is a decentralized coin with a platform that can be used by smart contracts.
On a short stretch. Statistics can be worse. But bitcoin is the sum of success where technology and team plus decentralization carry the idea of fair distribution.
I think that bitcoin will manage the market, because it is the oldest and most reliable digital currency.
Be that as it may, Bitcoin driving position is by all accounts doubtable as Altcoins have recorded a more grounded rise as of late and the market is less influenced by Bitcoin. Rather than following the general value pattern of bitcoin, numerous cryptocurrency forms of money additionally begin to take after their own "direction".
Bitcoin is intrinsic to create volatility in the market. With a long history and sustainable development with blockchain foundation of security and purity. Bitcoin will still dominate in interest from investors around the world. and even mining companies.
I think bitcoin will take control of the economy market. Although altcoins are good and profitable cryptocurrency but still they are depends on bitcoin. Bitcoin price also influences their progress and profit. Bitcoin is accepted in many country and and many people use it for investment in comparison to Altcoin. Bitcoin is highly popular then that of any Altcoin and many online retailers and small business owners show their first interest in bitcoin then that of Altcoin because of its popularity among people and its online transactions facility. Many multinational companies start accepting bitcoin instead of altcoins. So these things shows that bitcoin is better then Altcoin.
it's just just a discourse ,, in fact ,, bitcoin is still the best in its class. in the sense that the exchange rate of bitcoin is still the best, this is evidenced by the economic progress of the world community of lovers of bitcoin in particular experiencing very rapid development in terms of the economy.
yes, the topic that interests me, if you ask who will be the controller, I'm sure btc is still holding it, btc still has a big influence on the cripto market, it's true that many altcoins come with promising prospects but I doubt it will survive old or only temporary just to attract investors and over time the price of the coin will not be clear, I think we are safe just investing in btc alone which obviously btc can survive even as bad as any market today
Bitcoin price is always effected to the all altcoin price in the crypto market and all coins price and measurement is calculated by the bitcoin running price. But we can not say that altcoin will control the market. Market control is the collaboration of all the coins but bitcoin is the main control over the whole market of crypto currency.
I think bitcoin will control the market. Because bitcoins appear earlier than the rest altcoin. Bitcoin has long-term testing. Bitcoin is more popular and has many trades, trading floors, hardware, and software that support it. Bitcoin is more liquid, with a much larger market capitalization than any other Altcoin.
Bitcoin dominates the general market, but for special markets, altcoin is more useful
so both currencies will continue to work together to meet the needs of all the inhabitants of the earth
that way, the choice of convenience of transactions will be adjusted to the needs of the population, and cryptocurrency is another option to make payments or remittances
so both currencies will continue to work together to meet the needs of all the inhabitants of the earth
that way, the choice of convenience of transactions will be adjusted to the needs of the population, and cryptocurrency is another option to make payments or remittances
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