Topic: Bitcoin and altcoin: Who will take control of the market? - page 37. (Read 6969 times)
Bitcoin will control as most projects running on the ETH blockchain are scam, i put my trust my money which is stable. Likewise, i never heard any issues regarding Bitcoin. Considering the situation now the market is bearish no altcoins is bullish but instead all faced the same fate with Bitcoin
I think so because all crypto are following bitcoin price, now the bitcoin is very dip and all altcoins are also going dip, they are all affected on bitcoin price drop and now we are waiting for the bitcoin price to go up so that my altcoins holding will be rise also.
No one knows exactly what will happen to the market, because the crypto-currency world is unpredictable! But it seems to me that bitcoin will not leave the crypto currency for a very long time, because it is already perceived as gold in the world of currencies! Bitcoin does not buy that to transfer money using it, everyone tries to use it as a means of accumulating values!
In my opinion, that Bitcoin now controlling all crypto market. How we can see, if bitcoin will go down all altcoins repeat this after bitcoin. Bitcoin is the most influential cryptocoin for today.
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.
Actually both Bitcoin and Altcoins can do incredible changes within the crypto market for an instant that both type of cryptocurrencies are beneficial to mankind which the progress on which one will control will be dependent on how people decide and behave on choosing if either Bitcoin or altcoin will suit and benefit them the most. We must not just stick into the mindset that because Bitcoin was the most popular crypto among all is it will just control all the other cryptos existing in the virtual market. We must put into mind that in this open world that was full of changes, everything can be possible to happen. 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.
Bitcoin continue to control the whole cryptocurrency not only in price and market capitalization but also in making the altcoins follow its price fluctuations. Bitcoin influence in the price of almost all cryptocurrencies can be seen during its correction or dip. when bitcoin dips, altcoins follow and the whole market becomes red proving that the bitcoin is in control of the crypto market.
bitcoin as an initiator in the world of cryptocurrency certainly has a big influence on the market. almost all altcoin pair with BTC. lately, if bitcoin prices rise, the price of most altcoins also goes up, as well as when bitcoin prices fall. Just look at the current market situation.
Bitcoin continue to control the whole cryptocurrency not only in price and market capitalization but also in making the altcoins follow its price fluctuations. Bitcoin influence in the price of almost all cryptocurrencies can be seen during its correction or dip. when bitcoin dips, altcoins follow and the whole market becomes red proving that the bitcoin is in control of the crypto market.
bitcoin as an initiator in the world of cryptocurrency certainly has a big influence on the market. almost all altcoin pair with BTC. lately, if bitcoin prices rise, the price of most altcoins also goes up, as well as when bitcoin prices fall. Just look at the current market situation.
A simple fact in cryptocurrency is that every coin has its own day or reigning time and this doesn't last for long. Just few altcoin mooning doesn't mean they control the market because Bitcoin still holds the highest cap in the total market. So most times , Bitcoin still controls the market.
Some individual altcoins tend to deviate from the bitcoin and ethereum price patterns. But in a very deep bearish or very strong bullish market, bitcoin usually surpasses all alts including ethereum.
Bitcoin is a method or process that works as the head of the crypto world. Some Altcoin's are performing good in the coinmarket , but all its movements are centered around Bitcoin. So Bitcoin is called the standard controller of all currencies.
Maybe both of them will control the market because if there is no bitcoin magimana the market can get the advantages every one who wants to buy alcoin so I think both will remain market holders
I am pleased with the situation that is happening now. Amid falling bitcoin, there are some altacaine the price of which on the contrary increases. I have nothing against bitcoin, but in General this situation is pleasing. Perhaps after a while there will be a decline in the globalization of one coin.
People who have a big influence on the market that may be able to control the market for the future. But it will be very difficult for me because no crypto currency can control them. But I do not know for the future, maybe someone can control some crypto currency.
The one who will take control of the market is bitcoin over the altcoin , it is because the bitcoin has already establish a legacy and big name in the cryptoworld, as in the market of exchanges the bitcoin has the highest price value in the coin market, and it is on the top of the chart, in the coin market world.
When I joined this market I realized one thing, btc and the predecessors have some very big disadvantages that the amount of coin is very few tens of millions to several billion. In order to popularize and provide enough coin for the world economy we need coin that has total supply of trillions of coin. Another problem is the price is high, how popular it is to each person when its price is hundreds of dollars to thousands of dollars. btc and coin are gradually losing their contribution to global economic transactions
while I see that the alleged independent growth of the coins in the section of the fall of bitcoin there are units of coins from 10,000, so it's too early to talk about the complete detachment of the altcoins rate from the bitcoin rate
Bitcoin is now the market-driven coin! Most altcoins are traded through BTC / Altcoin pairs.
I think there is a need to change the dependence of altcoin prices on BTC in the coming time.
I think there is a need to change the dependence of altcoin prices on BTC in the coming time.
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.
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.
Bitcoin and altcoins, both of them have a great volume on the market. The most used coin are BTC and ETH indeed.
In the future if many altcoins created with a great feature, maybe altcoins will leading the market.
Everything is mainly tethered to the BTC trading pair, so as BTC falls, alt coins will fall as well.
that is the truth for now. But should there be any problems with bitcoin in long rung which wouldn' apply to other crypto,the market would adjust very easily and fast.
obviously the bitcoin that controls the market because it is known to everyone that bitcoin prices greatly affect all altcoin prices, bitcoin it as a benchmark all altcoin so bitcoin prices that control the market.
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