Topic: Bitcoin and altcoin: Who will take control of the market? - page 49. (Read 7002 times)
market purely control of traders. but if the question is bitcoin or altcoin, of course bitcoin is the one that determines. bitcoin as a benchmark of the value of some altcoin will certainly be very influential when the value of bitcoin down or up as well as that will happen to altcoin.
Bitcoin is the lord of the considerable number of coins and will rule dependably. At the point when individuals discusses cryptographic money, bitcoin is a need in all parts of digital money. It controls loads of market, altcoin values relates to the developments of bitcoin showcase, in this way the control is dependably on bitcoin. It is based from my exchanging knowledge.
altcoin still depends on bitcoin for its value, altcoin is now still above the bitcoin but it will not have a long period of time, and I still believe that bitcoin is still superior, because I can not see how altcoin takes over bitcoin.
In the future I think altcoin will be able to dominate and control the market condition. This is because the amount of altcoin that many and has the potential to grow more rapidly in the future. While bitcoin seems to have stalled and very slow to develop.
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.
False, as soon as bitcoin starts falling no matter what for altcoin you have, it will follow bitcoin, as btc still dominates the market and i don't see that changing.
Reason is simple, all coins are traded to btc or eth, which means you must have bitcoin to invest in other crypto.
So when bitcoin falls, people will sell their altcoins too, this happened so many times already.
I don't believe that any crypto at the market has its own “trajectory”, i do admit that it could exist, but only till bitcoin remains flat.
As of now, bitcoin is the first and well established crypto currency in the market. It has the higher amount of market capitalization, compared to other all altcoins. And also, bitcoin has won the market as the reliability of the coin among most of the market dominants.
This is a very serious question. It depends a lot on who takes control of the crypto-currency market. Undoubtedly, bitcoin has more chances with the amount of investment in it, but if he also starts to conclude smart contracts and legitimize.
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.
Bitcoin is a currency that was invented in 2008. This currency has been used in the market for a number of years. Recently, the Crypto Bitcoin option has discovered some more currencies, which are operating in the current market, among them, a currency of altcoin. altcoin has become quite popular in the current market. But Bitcoin is the best in crypto currency market and its price is high.
We can't deny the fact that bitcoin is the king of cryptocurrency, we all know that bitcoin is the first ever digital currency that is why it boosts it's popularity, in my observation bitcoin dominates the market, as we can see the price of altcoins depends on the price of bitcoin if it goes up or down, and by the way altcoins are also called as bitcoin alternatives.
Bitcoin is dominating now for a reason and that is because altcoins are dependent on it. Their prices all depends on it, if bitcoin rise, they rise, if it fall, they fall.The proof of this is that we can understand the charts of the past years. Altcoins are growing and it's a good future. It has huge potentials that can control the market. But now Bitcoin is the best of all the coins.
I still fully trust in Bitcoin and I still believe that until the future only Bitcoin can control the market. I'm not sure if Altcoin can control the market. I still hope that Bitcoin is in that position.
Bitcoin still controls the market and and the major altcoins are dependent to its price movements. Bitcoin is seem to be at the center of the altcoin economy because it can lift up, suppress and depress its price. Some altcoins go up when the price of the bitcoin stagntates or remains unchange but it not always happen. Altcoins should have a degree of independence from bitcoin it want to control the whole market.
I think Bitcoin takes the lead to Control the market because of its powerful ratio in the market not like Altcoin they are supporting coin to maintain the balance of its value unlike bitcoin it cannot control its place.
In this eran of cryptocurrency the next coin that I'll compete with bitcoin has not been found because the margin between the existing coins after bitcoin re much than what they can cover even within 5 years.
I doubt that there is a possibility at this beginning because the bitcoin dominance is still on board and never has a signal that this can take control by altcoins. Altcoin is generally just a bigger market, but for the most part, bitcoin is the bridge between them. Generally, if you want to buy altcoin, you should buy bitcoin and then use the bitcoin to buy altcoin.
This will never happen for the next five years for sure.
This will never happen for the next five years for sure.
If the market keeps going down and people keep shorting I don't think that'll really matter who will take control of the market, because there barely will be a market 
It seems that for now bitcoin will remain the benchmark of all coins in the market, where when bitcoin down some altcoin will go down due to the effect of bitcoin and vice versa if bitcoin rises then some altcoin will go up. But I've seen coins that have good price stability in the marke, where the coin is not affected by bitcoin.
Altcoins cannot do without Bitcoin since they all depends or dependent on Bitcoin technology or its popularity for them to survive or for them to have more people that will adopt their coins. And from what i believe both Bitcoin and altcoins will continue to exist simultaneously.
It would take time for any of the alts to really dethrone bitcoin, that said, there is a place for great techs to close the gap but ultimately, bitcoin will still remain very relevant.
I am sure that with time the share of altcoins will increase significantly, because every day the number of strong coins grows and their price grows, which reduces the superiority of bitcoin in the market!
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