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Topic: Bitcoin and altcoin: Who will take control of the market? - page 54. (Read 7000 times)

newbie
Activity: 406
Merit: 0
My opinions is that altcoins are still dependent with Bitcoin. We can prove that by looking at ths most recent bearish marker. Precisely, in my own perspectivs Bitcoin will take the market eventhough it is still suffering from price decrease.
newbie
Activity: 66
Merit: 0
I think Bitcoin will take control of the market, it will be a long time before Bitcoin will replace it
member
Activity: 361
Merit: 10
Bitcoin will always control the market. Following him, other altcoins fall or grow. And most altcoins offer no benefit over Bitcoin at all. Besides the ETH. Despite this, some altcoins can give a large growth of 100-1000%, unlike bitcoin. Therefore, with the help of altcoins, it is possible to increase the number of bitcoins. When there is bitcoin in your purse, you will be calm for tomorrow.
member
Activity: 840
Merit: 10
I think bitcoin controlling altcoin price in cryptomarket. We know that most altcoin price rated by sats bitcoin and bitcoin price movement affecting on altcoin price because of that.
WIth more than 35% domination on market cap and have biggest market cap, bitcoin price always affecting on altcoin because its primary currency in market
sr. member
Activity: 686
Merit: 250
Currently, Bitcoin, ETH and Ripple are leading the digital money market, all of its changes affect all other altcoins! I hope this will change soon!
jr. member
Activity: 109
Merit: 2
For me still bitcoin because i notice if the price of bitcoin was down all token was down too,so i think no one can get over to the bitcoin ,because it is the king of crypto and for me this is the foundation of all.
jr. member
Activity: 51
Merit: 2
Namaste
Wait for the exchanges to start introducing direct fiat to alt coin pairs, then the alts can stand on their own two feet and not be to influenced by the btc price.
jr. member
Activity: 71
Merit: 1
Tech enthusiast, SEO jedi, Crypto investor.
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'm sorry to disagree but How can you say that the crypto market is less affected by Bitcoin that in fact and i have observed many times that if Bitcoin start to crash the Altcoins will follow and when the Bitcoin start to rise again then the altcoins too which mean that every movement of Bitcoin it will always create a domino epic to most of the Altcoins. Market performance will always depend on Bitcoin that even do how many altcoins you will keep but in the end it will be traded to Bitcoin to earn more fiat.

That.

IF we're looking from the view of Marketcap, Bitcoin will likely stay on top for years to come. Just like Gold was the standard for fiat money, Bitcoin will remain in crypto.

From the point of actual usability, other coins "may" overtake bitcoin...depends on what you guys want to use the coins for.
full member
Activity: 378
Merit: 100
Adoption Blockchain e-Commerce to World
I'm still sure bitcoin will continue to control the market, now altcoin start moving fast. But as soon as the altcoin price movement, I think it will follow the bitcoin price movement. there is always a movement in accordance with the bitcoin price movement.

Bitcoin will continue to control the market. Because bitcoin will still be on top of all cryptocurrency even if time goes on because for me nothing will ever beat bitcoin in any means.
newbie
Activity: 7
Merit: 0
Let just hedge our bets and hold both  Smiley
member
Activity: 350
Merit: 11
W12 – Blockchain protocol
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'm sorry to disagree but How can you say that the crypto market is less affected by Bitcoin that in fact and i have observed many times that if Bitcoin start to crash the Altcoins will follow and when the Bitcoin start to rise again then the altcoins too which mean that every movement of Bitcoin it will always create a domino epic to most of the Altcoins. Market performance will always depend on Bitcoin that even do how many altcoins you will keep but in the end it will be traded to Bitcoin to earn more fiat.
member
Activity: 1204
Merit: 38
At the moment, the market depends entirely on bitcoin, any changes in this coin affect the other altcoyins. I agree that in the future some altcoyins can compete with the father of crypto-currencies.

Yes no one can say the this will be the answer for this question and the and the judgements are only decided by the future so wait , I also hope some crypto will be the head of all other currencies in our future days.
full member
Activity: 452
Merit: 100
At the moment, the market depends entirely on bitcoin, any changes in this coin affect the other altcoyins. I agree that in the future some altcoyins can compete with the father of crypto-currencies.
newbie
Activity: 112
Merit: 0
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.
full member
Activity: 378
Merit: 103
many altcoins prices depends on the price of the bitcoin. the rise in bitcoin price will be the rise in the altcoins price.. but i see like ethereum and some other have a high come back from the other altcoins..
full member
Activity: 429
Merit: 100
I'm still sure bitcoin will continue to control the market, now altcoin start moving fast. But as soon as the altcoin price movement, I think it will follow the bitcoin price movement. there is always a movement in accordance with the bitcoin price movement.
sr. member
Activity: 700
Merit: 250
The market is controlled by the whales. And as a rule it is controlled through Bitcoin. Today almost all trading pairs has bitcoin as a basis for trading. That's why it is naturally that bitcoin (whales - owners of big amount of it) can effect to the market as they want. But I am absolutely sure, that in the future Bitcoin will be replaced by another altcoin.
newbie
Activity: 9
Merit: 0
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
full member
Activity: 274
Merit: 100
bitcion is the biggest in the worl market, and will stand on its possition. he is like a oak, grows not so fast but strong
newbie
Activity: 128
Merit: 0
I do not think so, bitcoin prices look lower because bitcoin has bounced and dropped dramatically while altcoin is still growing.
If you say that the value of altcoin exceeds the bitcoin value, I think not. Bitcoin still dominates the market, because bitcoin is its parent. And most traders only accept Bitcoin and
ethereum as a means of payment, not altcoin.
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