Topic: Bitcoin and altcoin: Who will take control of the market? - page 50. (Read 7000 times)
I think Altcoins will dominate the market. Because since its launching, Bitcoin is widely used as long-term investment while Altcoins is more in use for Trading, so making the market condition more fluctuating and this is also proven by the percentage of change taking place in the market.
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
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.
As we all know bitcoin is ever-increasing in both users and value, but we all know that bitcoin as a currency, is mediocre at best compared to the upcoming and the readily available altcoins in the market. And altcoin industry is making a reputation in the crypto world right now so we can't really tell who will dominate the market in the upcoming years. 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.
Until now bitcoin is still in control of the market, but I'm not sure that bitcoin will forever control the market. Now I see bitcoin price movements very slowly, there are actually some coins that I see the price movements start fast. One of them is altcoin, for that I predicts that there is a possibility in the future altcoin will be able to control the market and beat bitcoin.
I think the market is still Bitcoins, Altcoins need more to overcome the market
I think bitcoin will still be a coin higher than altcoin and coin that will control the market price.It is regarded as high technology and high growth potential. Conversely, bitcoin regulation is limiting the growth of altcoin.
In my own understanding, altcoins has the bigger market compared to bitcoin however that doesn't mean it had take full control over the cryptocurrency market.fixed bitcoin remains the most popular and most decentralized coin. I think it's hard for altcoin to replace bitcoin.
If you ask, who governs the market? Then the answer is money. Only people who have a lot of money can control the market price, but bitcoin holders also have an important role to stabilize the value of bitcoin in preventing whales.
Altcoin does not lead, they only grow as beginner coins. And bitcoin still remains a determinant of altcoin prices.
Altcoin does not lead, they only grow as beginner coins. And bitcoin still remains a determinant of altcoin prices.
I think a lot about how this market moves, but I doubt that there is a possibility at the beginning of these months because the bitcoin dominatiom is still ahead and never has a signal that this can take control by altcoin. probably will not happen for the next two / three years.
altcoin's market is bigger than bitcoin's i must say, and as the result, each altcoin will be controlled by it's founders and developers
Yes it is true that the market of altcoins are bigger than bitcoin but for those who didn't know, you have to buy bitcoin first in order for you to purchase altcoin. Also it is hard to find place who sells altcoins directly. 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.
I think 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 alts. It's hard to find a place to buy altcoin directly. I believe this is what makes Bitcoin and Ethereum particularly so great in terms of all other altcoins. As long as the system must buy altcoin using bitcoin or eth. It is my opinion.
both bitcoin and ALTs are part of market and imp bcz both hold big market caps , people shift their volume in between them according to situations
I think bitcoin will be the king of the crypto market for a long time. High value, support from the investment community and large meaning. Altcoins need more things to overcome the market.
There is no question as to whether who will take control of the market. It is obvious that bitcoin is the one that will be the master of all cryptocurrency and everytime bitcoin falls its value the red market will not only be visible to bitcoin but it will also befall to the whole cryptocurrency market. Sometimes we can say that the only reason why people are investing on altcoins is that so they can multiply their bitcoins.
Yes, i agree with your statement. In addition, maybe it just a matter of strategic idea of the investors. When bitcoin decrease they need to substitute altcoin in order increase the market of bitcoin. In the world of cryto currency you need be smart to indulge the uncertain market. There is no doubt that bitcoin has always been a leader in the cryptocurrency market.
For the most part, the price of altcoin still follow the price of bitcoin.
For the most part, the price of altcoin still follow the price of bitcoin.
Yes, we all know that BTC is a pioneer of the crypto-currency market. And in my opinion, it will remain the most popular crypto currency. The more experience crypto currency has, the more developed it is, the more stable it is. This gives a sense of reliability and stability for investors. Pioneers will always have a benefit in any industry.
Of course the answer will be bitcoin because ALTcoin itself control by bitcion though the market of altcoin is very big.
When you hold large number of Bitcoins, you can have an influence on the price movement.We also assume that Satoshi Nakamoto may be the biggest whale of all as the creator allegedly owns 1 million bitcoins.
Bitcoin will control the market, it is a great source of current market
BTC is still hot. It's not like it was but if someone want invest, they'll choose BTC. Because it's the first blockchain platform. It's the leader of crytos. When you invest altcoin, you always pay by bitcoin. Therefore BTC will take control the market
There is no doubt that bitcoin has always been a leader in the cryptocurrency market.
For the most part, the price of altcoin still follow the price of bitcoin.
For the most part, the price of altcoin still follow the price of bitcoin.
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