Bitcoin and altcoin: Who will take control of the market? - page 32.

Blackwhite69

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Quote from: ElaineGanda on July 07, 2018, 07:27:52 AM

Some will say that those "Whales" are the one who controlling the stability of the market. But I don't think so, they just have a big impact on the value of the market because they invested a lot of money but they did not totally take control of it.

They may be just some of all those who invest a large amount and make a price change if they make a withdrawal or sale transaction. Maybe so.

yvuj101

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Quote from: fabskie21 on April 27, 2018, 02:54:11 AM

Most of altcoins' prices are generally affected by a change in bitcoin's price. That's a fact since all are paired with bitcoin in exchanges. While for some that continued to rise during a fall in bitcoin, they simply have showed improvements/developments in their projects such that many investors are attracted. But this doesnt mean bitcoin will be outruled by altcoins. Just wait for a massive pump in bitcoin and you will see its dominance.

Bitcion price is the over all controller of cryptocurrencies and so Altcoins follows but they have different methods of promotion in such a ways Altcoin also brings to the market with more population and becomes a fast running in crypto world.

DoublerHunter

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Bitcoin will still take control of the market because bitcoin is the superior of the cryptocurrency and it is the trend setter for cryptocurrencies in the market. People will base on bitcoin if it is okay to hold an altcoin or not because if the bitcoin is going down then altcoin will do too so i can say that bitcoin is the one who is controlling the market.

Dayan1

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All-in-One Crypto Payment Solution

Quote from: jademacoy on July 07, 2018, 09:46:59 PM

Bitcoin as usual because all these altcoins are just alternative coins for bitcoins. All the proceeds here will be indirectly promote bitcoin as we all know that these coins are ethereum platform base and ethereum is an alternative coin for bitcoin. This is why these coins will fall everytime bitcoin market price will fall also.

I agree with your statement except that , my comment regarding this issue is both alternative coins and bitcoin has a power to control the market , why? although bitcoin can literally affect other coin if it goes down and up , we cannot erase the fact that a single coin can stand alone without the help of bitcoin , it only needs a good reputation that would attract huge investors or what we called whales in the market and it could pump up on its own .

jademacoy

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Bitcoin as usual because all these altcoins are just alternative coins for bitcoins. All the proceeds here will be indirectly promote bitcoin as we all know that these coins are ethereum platform base and ethereum is an alternative coin for bitcoin. This is why these coins will fall everytime bitcoin market price will fall also.

loveaspirations1552000@gm

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I think in the future when one coin surpasses Bitcoin in all aspects it will dominate the market. The current coin has many advantages but its lifetime is too short compared to the 9 years of Bitcoin's existence so it can not be equal to Bitcoin.

uchiikina14

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For me it is still the bitcoin who will take control of the market because some of the altcoin still cannot stand alone without the help of the bitcoin, and bitcoin is ruling out some of the altcoins. You cannot also exchange some of your coin to usd if you do not convert it first to bitcoin. Bitcoin has the highest price of the coin and no one can beat it also bitcoin ia the number 1 coin in coinmarketcap. Most of the people uses bitcoin for their transactions.

movieshovie

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In my opinion, bitcoin is still the kinf of cryptocurrency and become a dominant coin to influence market price. If bitcoin price rises, other coin price tend to rise too. Today , btc price is still the most expensive and highest marketcap. This indicates that bitcoin is a price controller among other coins like eth, ripple, bitcoincash,etc. Probably in the coming years, altcoin may grow better and can compete with bitcoin in influencing market price.

ElaineGanda

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Futurov

Some will say that those "Whales" are the one who controlling the stability of the market. But I don't think so, they just have a big impact on the value of the market because they invested a lot of money but they did not totally take control of it.

Glorypaasa

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Quote from: Robert543 on April 26, 2018, 10:52:21 PM

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.

there is no doubt that whales the one of the controler of all markets on cryptocurrency and because of whales theres a lot of people loss a lot of money because of the manipulation they have a power to dump and pump it so they will get a lot of money than new people who invested in bitcoin is in the cryptocurrency.

ridho002

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Until now I know that Bitcoin still controls the price in any market if the price of Bitcoin decreases then another altcoin will feel it.

Blackhammer321

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Quote from: erickkyut on April 26, 2018, 11:47:17 PM

My opinion is 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.

As of now bitcoin is the king where as it is used in transaction in order to buy altcoin, the dependence of altcoin to bitcoin is one of the proof that tells bitcoin is still on top of crypto currency. And also as the price of bitcoin goes down it also goes down therefore there is an effect in changes of bitcoin to the altcoin. Moreover bitcoin is more known of people that altcoin, so if the markets boost more probably bitcoin will continue to rise on top.

ordeath

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I would think that nothing would change because bitcoin is really strong, and by now it seems like there is no cryptocurrency which would be overcoming it, so my answer is Bitcoin will rule.

veronikadobryx

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I believe that bitcoin will always remain in the first place , 10 years I think for sure, I am sure in bitcoin and its growth and the first place will definitely remain for him .

KIKI.loi

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Bitcoin will always control the market, because Bitcoin is still on top in terms of price and popularity. Unstable altcoin grows and falls rapidly. and also investors can control the market.

mommysean

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I think Bitcoin and Altcoins have a great volume on the market.
Bitcoin and ETH are the most used coins indeed.
if many altcoins created with a great feature, it is possible altcoins will leading the market replace Bitcoin.

Gibsonlda

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altcoin is generally just a bigger market, but for the most part, bitcoin is the bridge between them.
altcoin really relies on bitcoins for their value. so in no way, they can control the market. also altcoin is very volatile and I hope nobody invests in it in the long run.

lucy94

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How can I recover my losses from trading cryptocurrency?

Bitcoinnumberone

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Quote from: Robert543 on April 26, 2018, 10:52:21 PM

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 depends but it can be possible that bitcoin will take control of the market. It depends in what country that can take control in the market, because other countries not fitted in bitcoin they lack of knowledge and other countries hate bitcoin. But in Japan legalize the bitcoin they enjoy the benefits of technology using bitcoin they transact money in easiest and fastest way.

znakistu

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analysts believe that over time, the dominant position of bitcoin will decline due to rising prices for altcoins. The technology of bitcoin has become obsolete, and the altcoins have perfectly improved their own. although on the other hand, while people's interest in bitcoin is alive, bitcoin will remain the absolute leader. so it's difficult now to predict something, especially since some forecasts have not completely come true or come true later, so time will tell.

Topic: Bitcoin and altcoin: Who will take control of the market? - page 32. (Read 7002 times)