Among the crypto currency Bitcoin is always more powerful than any other alt coins in the market because it is the first crypto currency introduced in to the market on 2009 and after that only the alt coins are arrived in the market .Bitcoin become more powerful and popular in the market and its market capital is very high comparing to other alt coins.Also its daily traded volume also high among all other alt coins. So bitcoin will take the control of the market always.
Topic: Bitcoin and altcoin: Who will take control of the market? - page 74. (Read 7002 times)
Bitcoin is the most use by many we trade altcoins for bitcoins and we multiply our portfolio for us to have bitcoin. As you can see the most awarding part when selling altcoins is the bull season that moment we gain alot coz bitcoin is at all time high and alts as well.
Most of altcoins' prices are generally affected by a change in bitcoin's price. That's a fact since all are paired with bitcoin in exchanges. While for some that continued to rise during a fall in bitcoin, they simply have showed improvements/developments in their projects such that many investors are attracted. But this doesnt mean bitcoin will be outruled by altcoins. Just wait for a massive pump in bitcoin and you will see its dominance.
Bitcoin should be the one which will take control of the market in the future, it is really common to people rather than other alts like Ripple or Eth and other alts, and Bitcoin is really great when it comes on investing (FOR NOW) while it is still on low price.
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.
Altcoins are far away from dominating the crypto market. Probably they will dominate in future but I can't see any such sign as of now. Bitcoin volume accounts for 38% of the total crypto volume and hence it has the controlling power in hand. Majority of the altcoins are available to trade with bitcoin and ETH only so when we account for their price we do it on the basis of bitcoin and ETH price. That is the reason why their prices go down when BTC and ETH prices go down and vice verse.
However, if you have monitored the market very closely, you must have seen that there are few altcoins which kept their prices increasing when the bitcoin price was going down. Like Tron, OmniseGo etc. That is mainly because of the speculator's choice, the similar way Gold price increases when the stock market decreases. But none of them have the controlling power as on date.
I think Bitcoin will be in control in the future, Bitcoin is still a prima donna in the cryptocurrency market and will still be the king of all coins. Having 1 Bitcoin if we are smart to read the market and graphics then we will get a big profit. Some Altkoin will also shine like Ethereum. Eth has great potential in the future. But still it will not exceed Btc. Price 1 Eth will not exceed the price of 1 Bitcoin. Ethereum will still be the second coin after Bitcoin.
I don't think so, bitcoin is still a trend in the market, bitcoin still has great potential to control altcoin prices, and only some altcoin cannot be affected by bitcoin, but altcoin is more dominantly affected by bitcoin. impossible altcoin controls the market price.
the bear market creates a bumpy altcoin movement, i mean is all altcoin not compact and not one purpose.
I do not think anyone controls the market, but the whale is considered the one who controls the price.
the bear market creates a bumpy altcoin movement, i mean is all altcoin not compact and not one purpose.
I do not think anyone controls the market, but the whale is considered the one who controls the price.
Bitcion is the king of all coins, all market of other coins is depending on the Bitcoin price, If bitcoin go up and down the other coins are effected by the movement of bitcoin,
which controls the market price is obviously Bitcoin because he is the mother of all coins in cryptocurrency. if the price of Bitcoin falls drastically the price of Altcoin also fared the same as Bitcoin because the price of Bitcoin and Altcoin are interconnected. of course that controls the market price for now is Bitcoin not Altcoin.
Altcoins are becoming more volatile in technology awareness. Most altcoins already know the weakness of bitcoin which altcoins dev are working to surpass the popularity of bitcoin. Ripple and AI crypto mightly replace bitcoin in the future.
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
To be honest I expect that over time bitcoin will lose its dominance even more. It's like you don't have one currency out there but you have many of them, most of them are unknown to me, but nevertheless they all have their own usage and use case. Same thing here I do believe Wil happen. Since bitcoin was the first and because of longest chain which has proven it's security and raised our trust in it it is the one priced the most. But people are here now to make money and this is where market cap of alts raises. If we get more money into crypto most of it will go for alts since with them you can make huge returns while we are aware hat Bitcoin can't go 10x easily for instance.
Bitcoin will be the undisputed king of all the cryptocurrencies for the next few decades. There is no other coin that can challenge Bitcoin right now. Alts may keep rising every now and then but there is no chance that any of them might catch up with Bitcoin or its market cap.
When Bitcoin's price falls, Alts fall, when Bitcoin's price rises, Alts rise. Their prices are interlinked and I don't see any way in which any alt would ever take over bitcoin. So I am betting for Bitcoin.
When Bitcoin's price falls, Alts fall, when Bitcoin's price rises, Alts rise. Their prices are interlinked and I don't see any way in which any alt would ever take over bitcoin. So I am betting for Bitcoin.
Altcoins are totally dependant on bitcoin for their value.So in no way,they could take control over the market.Also altcoins are highly volatile and I hope that no one invests in it on a long term basis.Marketcap of altcoins totally might be bigger than bitcoin's,but its not just two or three altcoins and hundreds of altcoins together contribute to such a bigger market cap.
This may be the result of a growing number of on-going projects that require some capital and for the collection of working capital it can be through a new coin sale program to attract investors, to invest in the projects they will be working on. So they can run the project so that in the future they can make a profit, by raising money by selling the new coin may be very forgiving because it can push the price of the coin to be stable and investors feel confident that they will benefit if their project runs from the difference the coin price when their project is running.
Bitcoin must be the most. How can altcoin be able to overcome it?
Precisely, In my own perspective bitcoin will take the market eventhough it is still suffering from price decrease. But still it will take control the market because I know it can recover as soon as possible and it can even increase its price as its seem.
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.
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
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.
Great views in many aspects about how this market moves now,but i doubt that theres a possibilities in this early because the dominatiom of bitcoin is still on board and never has a signal that this may take control by altcoins..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 never happen for the next five years for sure.
Trading with Altcoins require much more care. Mistakes in trading with Bitcoins and Altcoins can make you lose your valuable investment at a very short time. No doubt that any kind of investment requires all attention, dedication and great focus that helps you avoid mistakes. Secondly, Bitcoin and Altcoin trading is not cut for everyone. Here are some tips that will help you know if it will work for you and how to do it successfully.
Bitcoin leading position seems to be doubtable as Altcoins have recorded a stronger rise recently and the market is less affected by Bitcoin.
Bitcoin leading position seems to be doubtable as Altcoins have recorded a stronger rise recently and the market is less affected by Bitcoin.
Bitcoin must be the most. How can altcoin be able to overcome it?
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