Topic: Bitcoin and altcoin: Who will take control of the market? - page 69. (Read 7002 times)
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. BTC will still be the leading currency for now and usually be the basis for any market price movement where if BTC is in bear market, defnitely most of the alts would also be the same and vice versa. In general, it is btc has dominated the market and the leader of all coins in the crypto world.
Of course No,, I’m not hound at forty five point eight bitcoin to stole it because I know the consequences that will happen if I do that and i never think to stole for my own good because it does not me.
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.
This is an interesting opinion that I doubt many people on this forum share. Altcoins generally are just a bigger market, but for most part, bitcoin is the bridge between them. Generally, if you want to buy altcoins, you have to buy bitcoin and then use that bitcoin to purchase the alts. It's hard to find places to buy altcoins directly. I believe this is what makes Bitcoin and Ethereum in particular so large in terms of all of the other altcoins. As long as the system of having to purchase altcoins using bitcoin/eth exists, it is very unlikely that the altcoins will surpass bitcoin, as there will be people putting as much money into BTC as they do alts.
when I open the thread who takes the most control of the market, among all those who poured opinions here I would most agree with your opinion that "Altcoin is generally just a bigger market, but for the most part, bitcoin is the bridge between them. You want to buy altcoin, you have to buy bitcoin and then use the bitcoin to buy alts ". not only that, bitcoin is the benchmark for any token or coin prices on the market when the price of BTC decreases it will affect their Altcoin price as if it is connected. so the conclusion to me is that BTC will remain a market controller.
to take control of the market movement is definitely bitcoin, but when altcoin has new developmental information then altcoin can also take control of the market circulation so as to make trading volume becomes very high.
For now bitcoin holds over 36% marketcap of a total of about $ 450 billion, then second place is the ethereum of about $ 20% and the rest is contested over 1500 coins and tokens, with a very tight competition will certainly make a lot of coins or token disappear someday .
That is, the effect of bitcoin is great on the price of most altcoins in the market. If we notice, when there is an issue of banning cryptocurrency ads by google, bitcoin has decreased a few percents, resulting in other altcoins that also decreased significantly. Bitcoin must be the most. How can altcoin be able to overcome it?
In my own opinion, altcoin never overcome bitcoin because bitcoin is the base and the root of all coins it is also the bridge of cryptocurrency. Though altcoin demand rise continueously as many experts always say bitcoin is volatile and no one knows when it will pump again.
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.
This will depend on the outcome of every cryptocurrency in the market, especially altcoins. Just to give you my idea, there exist superior altcoins in the market today since they have their specific functions and process that outweighs that of bitcoin but what makes bitcoin the reigning cryptocurrency is its years of development and revolutionary idea that changed the method of wireless payments. The price of bitcoin in the market is superbly high- which makes it the perfect investment tool in the market. Despite having numerous altcoins that are superior, bitcoin will continue to remain at the top if this continues.
The only way that I see that bitcoin will fall if investors suddenly shift their view and transfer their investments into another altcoin- which I think is possible in the distant future.
Bitcoin will always take the lead, if its down then all of those altcoins will be down too. Bitcoin will dominate the market for a long period of time, as we are starting to live in a digital mode and bitcoin was the first cryptocurrency, bitcoin is the root of cryptocurrency so I do not think that it will be replace by other.
You are right, the price of bitcoin no longer controlling the altcoin market like it used to be. My question is can someone tell me why this is so??
I think that sooner or later the bitcoin domination will decrease significantly, because there are more and more strong coins that can compete!
bitcoin will keep the market under control, unequivocally. This is the personification of the crypto industry, here this fact will be decisive. do not even think otherwise
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 agree on this. The demand for altcoin has increased and keep on rising. Many people have faith in altcoin because they believe that a certain amount can buy a large number of alts and when that altcoins pump, they will really make huge profit. Unlike bitcoin, the price has been unstable and only a fraction can be invested. On my point, altcoin have the possibility that it can take the lead in the market.
In the two of them I think the most appropriate is bitcoin who will take control of the market because it is obvious that they are the beast company among the rest of this industry so they have a privilege in this because they business is proven in the front of them investors.
Altcoins are still dependent on Bitcoin, we can look at the most bearish market and prove that the market could take control over the market. Altcoins are also highly volatile and I hope someone connects with the price of Bitcoin and Altcoin because it invested on a long-term basis. Of course, Bitcoin is currently in control of market value,,,,,,
Bitcoin will take control of the market. It has the highest value in the top coins in the crypto even the value is flactuating many are still believing in bitcoin and it is the coin who has impact to many people. Even the transaction fee of the bitcoin is high it is the easiest coin to used and user-friendly not like the other coins they are not user-friendly.
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.
Yes bitcoin still the number one crypto and I also observed that altcoin is not yet independent because as we can see the market system we can see that altcoin decrease as bitcoin decrease they are all dependent with bitcoin. But no one knows when bitcoin last.
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.
Bitcoin and altcoins all have contribution in market caps control. But i think bitcoin have more contribution than altcoins. All altcoins depend on bitcoin.
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.
It really doesn't matter what they're doing its up to us to determine if we panic buy or sell, the whales can try to tank the value but possibly lose a lot of there coins in the process i think we saw that a few times during bitcoin rise someone sold a crap ton of bitcoin for 9500 when the value was over 10k when the price continued to rise you saw a large spike in volume purchasing a crap ton of coins in a short period of time and i believe the whale just committed a belly flop and hurt it self in the process. 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.
The market is quite down now, so it'll start to boom very soon. I dont believe bitcoin's downturn was over, bitcoin still have a possibility of correction, $20k is real but we still can't predict when it will happen because as we always to know, bitcoin fluctuation price is so high. so i think is will not going to be happen in nearly month
but, if bitcoin always have a good news on every platform i think $25k can be reached. So there's hopes in other coins as well.
but, if bitcoin always have a good news on every platform i think $25k can be reached. So there's hopes in other coins as well.
Jump to: