Bitcoin and altcoin: Who will take control of the market? - page 34.

1camtron

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Quote from: setialovers on July 01, 2018, 09:04:32 PM

Untill now, bitcoin still take control on altcoin movement. Bitcoin as biggest market in crypto affecting on altcoin price. I am believe in next 5 years, bitcoin still lead cryptocurrency market and affecting on others coin movement.
Bitcoin still favorite investment in market because its have limited supply and pioneer in cryptocurrency

Bitcoin is Bitcoin and it doesn't control altcoins or trash coins. Cryptos are decentralized and that means people who have many coins in their hand will control this market.

setialovers

member

Activity: 812

Merit: 11

Untill now, bitcoin still take control on altcoin movement. Bitcoin as biggest market in crypto affecting on altcoin price. I am believe in next 5 years, bitcoin still lead cryptocurrency market and affecting on others coin movement.
Bitcoin still favorite investment in market because its have limited supply and pioneer in cryptocurrency

Pistachiop

newbie

Activity: 90

Merit: 0

I think BTC will still remain at the top of the market for as long as possible, so long as there is no coin that steps up o mount a reasonable challange on it, it will still dominate

sharqawy

newbie

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Quote from: tosindesign on April 27, 2018, 02:21:29 AM

Altcoins are becoming more volatile in technology awareness. Most altcoins already know the weakness of bitcoin which altcoins dev are working to surpass the popularity of bitcoin. Ripple and AI crypto mightly replace bitcoin in the future.

im agree with you

walemil

full member

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Merit: 100

Bitcoin's dominance in the cryptocurrency world will go on for a very long time. In fact, the dominance may out leave this generation because no altcoin seems to be demonstrating the kind of strength required to topple this bitcoin dominance soon.

muhammedb

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Activity: 378

Merit: 108

Quote from: Robert543 on April 26, 2018, 11:52:21 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.

I think bitcoin take control of market because many cryptocurrency exchange used bitcoin to trade and because of the high potential value of bitcoin when it price drop all altcoin are showing red and when bitcoin raised or show green altcoins do same

Chicryptomama

newbie

Activity: 182

Merit: 0

there happens to be a symbiotic relationship between altcoin and bitcoin..both coexists really/ they function together..to get altcoins you need bitcoins/eth to buy. In terms of volatility,people however tends to favour bitcoins more but its position in recent times appears to be dwindling as altcoins has recorded a stronger rise recently

aziie110

newbie

Activity: 81

Merit: 0

When you are active on the market you must have an idea of bitcoin trading and the impact of bitcoin price on other altcoins, the thing I wants to mention that is the improvement of any coin improves the price may be it is bitcoin or other altcoins, that is why some coins are moving up without any impact of the bitcoin or market,

Best80

newbie

Activity: 66

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Bitcoin is the boss because altcoin depend on it for survival. Bitcoin influence in market today is not comparable to others, therefore b(altcoin). Therefore, bitcoin will take over the market

nazarovv

newbie

Activity: 84

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i think they will just coexist in the future.and other coins will and coexist with one another. not one will have domininance, but all of them in the same level

airdnasxela

sr. member

Activity: 728

Merit: 254

Quote from: Robert543 on April 26, 2018, 11:52:21 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.

Hmm, I think even though it is the case and what is happening on the crypto space or in the market, I think it will be really hard for altcoin to replace bitcoin in taking over the market. The process is this - you need to buy bitcoin so that you can buy altcoins and this is a simultaneous process. It is very hard to buy altcoin immediately without buying bitcoin. This makes bitcoin leading in the market. When this process continues, bitcoin will also take over or control the market.

Merlin.Simmons

newbie

Activity: 26

Merit: 0

Until now bitcoin is still in control of the market, but I'm not sure that bitcoin will forever control the market. bitcoin will still remain very relevant.

memyselfandi

full member

Activity: 573

Merit: 100

Futurov

Correct me if I am wrong but I think those big time coin investors are the one who can manipulate the market, not totally control but just manipulate its stability and value. Because they can make a certain coin dump and also pump. Those group of people are taking over with the market.

Christian_k

newbie

Activity: 70

Merit: 0

Bitcoin as of now is an average coin with a very big user base making it one of the biggest established coins up to date. On the other hand, some altcoins are better than bitcoin. However, not all of them are crowdfunded and some, unfortunately even die because of poor crowdfunding. The altcoin industry is a survival of the fittest environment. If your altcoin is mediocre, don't expect to become big. Maybe in the future there will be an established coin from the altcoin industry, the possibilities are endless

marcbitcoins

full member

Activity: 854

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Quote from: Robert543 on April 26, 2018, 11:52:21 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.

I don't know where did you get this details but for what i have observed for so many times for this year of 2018 that every time that Bitcoin price will fall then the Altcoins will fall too that if the Bitcoin start to bounce back then same with the Altcoins too so therefore i conclude that most of the crypto investors are relying on Bitcoin performance because it already build a foundation of trust among crypto enthusiasts that because of this it will be impossible for any Altcoins to lead the whole crypto market.

gvnsrbtc

sr. member

Activity: 523

Merit: 285

Of course BTC is the BOSS

When bitcoin starts a bull run, many of the altcoins fall, as investors jump on the Bitcoin train and vice versa. It’s also systemic because most exchanges require Bitcoin rather than fiat currency to transact. It is easy to invest fiat currency in the market and then leave there as an investor trades it; moving it from one currency to another and not cashing it back to fiat currency. Furthermore, When the Bitcoin price falls or rises against the fiat currency, all the altcoins will usually follow. This is reason why bitcoin can control the market.

mr.nby

member

Activity: 307

Merit: 10

Quote from: Erasmus1991 on June 29, 2018, 10:41:10 PM

These days it seems like altcoins are doing better than bitcoin because pretty much all of their prices are green while bitcoin price is red. its because bitcoin act as aa bridge to buy and sell altcoins, that contributes a big factor.

The impact of bitcoin on the market is so high that all other coins are under its influence. Look at the price charts again and you'll see how the altcoins are moving towards the price of bitcoin. The charts are very similar to each other.

jassanpary

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Arianee:Smart-link Connecting Owners,Assets,Brands

Quote from: Carrelmae10 on June 30, 2018, 05:01:06 AM

..in my opinion..bitcoin is still the famous coin that rules in the crypto market..although there are lots of altcoins rises..still those altcoins uses bitcoin as a mode aof transaction..and those altcoins invented are inspired by the bitcoin..so the is no doubt that bitcoin is the king and the mother of all crptocurrencies..

Bitcoin leading crypto in the market and it is like a leader, altcoins follow the footsteps of bitcoin. Comparing the market cap value of bitcoin and altcoins, bitcoin having the maximum share, combining all altcoins cap value equivalent to the bitcoin cap value. Both the coins are important to control the market.

BitRentXx

newbie

Activity: 140

Merit: 0

Bitcoin still leads, many altcoins continue to grow but only for pumping. and after that will die. Provided that in the real world only altcoin is accepted as a means of payment then bitcoin will still dominate the market.

Carrelmae10

member

Activity: 588

Merit: 10

..in my opinion..bitcoin is still the famous coin that rules in the crypto market..although there are lots of altcoins rises..still those altcoins uses bitcoin as a mode aof transaction..and those altcoins invented are inspired by the bitcoin..so the is no doubt that bitcoin is the king and the mother of all crptocurrencies..

Topic: Bitcoin and altcoin: Who will take control of the market? - page 34. (Read 6969 times)