Bitcoin and altcoin: Who will take control of the market? - page 67.

TN0904950

newbie

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Quote from: Syunusa on May 11, 2018, 09:31:55 AM

At time goes on, bitcoin will become scarcity commodity and it will be difficult for people to buy it and the only hope for investor/traders is to move to altcoin. To me altcoin will take over the money but not in term of price just the availability.

I think 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 has to buy altcoin using bitcoin / eth, it is highly unlikely that altcoin will go beyond bitcoin, because there will be people who put as much money into BTC as they do.
It is an interesting opinion that I doubt many people in this forum share. 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.

Lubang Bawah

sr. member

Activity: 1358

Merit: 253

Currently there are more than 1600 coins and tokens, bitcoin marketcap reaches 37% and if noticed over the past year then bitcoin marketcap continues to decline, this proves that altcoin users are also growing rapidly so we have to split money into various types of coins.

Kertmu

newbie

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Bitcoin dominates, because it occupies 38% of the total capitalization of the cryptocurrency market. You can also buy any currency for BTC.

roller24

full member

Activity: 318

Merit: 100

I believe that everything is subject to bitcoin. even if it does not obey, it just depends on it, in particular, the altcoins rely on the bitcoin course.

fritzwalter195

jr. member

Activity: 126

Merit: 1

Ethereum.

shalaza

newbie

Activity: 283

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In my own humble opinion, i think no altcoin can surpass bitcoin. The prices of these coins depends on the price of bitcoin,so it's nearly impossible for altcoin to displace bitcoin

Nipun22

newbie

Activity: 154

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Bitcoin and Altcoins are two different Crypto-Bubbles. They both will control their own market because they both have separate demand in the market. So I don’t think that only Bitcoin or only Altcoin will take control of the market.

Jimmymoriarty

newbie

Activity: 48

Merit: 0

It is very tough for Altcoins to over take Bitcoin as they still rely on Bitcoin. But many Altcoins are rising and proving to be as good as Bitcoin but they will never surpass Bitcoin's massive popularity. Bitcoin can never be compared to any Altcoin. It is pointless to do so.

if_so_klara_99

newbie

Activity: 80

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I am thinking altcoins.

dragoz11

sr. member

Activity: 420

Merit: 252

so many big investors consider to trade with altcoins as they tend to have higher ROI and within a shorter period of time. So they always can have their own trajectory but to take the control of the market is very hard because after they get the ROI they don`t care about most of alts.

votuan1990

newbie

Activity: 172

Merit: 0

Bitcoin is always number one. Look at the market allcoin will fluctuate in bitcoin. If a coin is spent to pay for a particular market then it can only hold itself.

judemarco1996

member

Activity: 210

Merit: 10

For me, bitcoin and altcoins are digital currencies that have effects on each other, however at this point altcoin are still dependent to bitcoin. However, anything can happen in the future, maybe there will come a time that altcoin can be strong and move without depending on bitcoin. But then, i believe that bitcoin still one of the strongest digital currencies in today's market.

elkafee79

newbie

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Quote from: Robert543 on April 26, 2018, 10:52:21 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 believe Bitcoin will take control of the market. Because bitcoin is more popular and more valuable than altcoin. It is my opinion.

Sevarchik

member

Activity: 420

Merit: 10

This markets are interrelated, dropping price btc entail dropping all other coin.
All alts hich dont have usdt pair is scam i think

xvids

sr. member

Activity: 1176

Merit: 301

Bitcoin would always be the biggest crypto in the market,
I still think that there is no alt-coin that could replace Bitcoin right now and it qould still be a good choice to hold.

eloymjb

full member

Activity: 247

Merit: 100

base on my own opinion and experience. most of the time that i recognize if bitcoin will fall all of the altcoins will fall too. in that thing im pretty sure that bitcoin will take control of the market. and the other reason why bitcoin is taking control of the market is because bitcoin is the mother of all altcoins.

djkyno

sr. member

Activity: 798

Merit: 250

Actually there are so many promising altcoins which have the potential to reach high level of success soon.
But I believe that Bitcoin is still the most valuable crypto currency right now, and it is already influencing all the altcoins markets almost.

indayburakday012

newbie

Activity: 168

Merit: 0

Actually no once control over the market price of the crypto aside from the investors who are contributing in that crypto. As we all know that these people had relatively smart and will not invest in bitcoin if they had seen something that is volatility. So maybe choosing an altcoin is a good choice for an investors to earn. There are many altcoins in the market that are strong and is a good to choose in investing cryptocurrency.

TrevorSmith

newbie

Activity: 30

Merit: 0

I think that bitcoin will always control the marrket. New coins come every day but u can see when Bitcoin price drops the altcoins also go down

Virtual miner

sr. member

Activity: 728

Merit: 275

Is there any compulsion that only one will survive? I mean both can survive. But if you are asking that which will win then its Bitcoin I guess. Altcoins are still dependent on Bitcoin. So when in Bitcoin increase the price of Bitcoin increases, when investments in Altcoins increase then also price of Bitcoin increases. When selling Altcoins the price of Altcoins decrease but Bitcoin’s value stays the same as Altcoins are sold for Bitcoin.

Topic: Bitcoin and altcoin: Who will take control of the market? - page 67. (Read 7002 times)