Bitcoin Forum

Most people believe that the price of altcoins' is determined by the price of bitcoin and that they tend to follow it's market movements.

I partially disagree with this. I have studied prices of coins and tokens on CMC and the fluctuations of each currency seems to be unique and independent of any other digital currency. Some show strong pumps when BTC goes down and some heavy dumps when BTC is rising.

Undoubtedly, there are market forces and factors which affects most currencies, this is not influenced by bitcoins price, it rather controls bitcoins' price as well as others.
So when trading or investing, make sure you treat each currency differently as they have different utilities.

for now it is possible that bitcoin is controlling the development of the crypto market because in my opinion bitcoin is a pioneer of crypto currency and of course bitcoin can be said to be a guide to the development of other cryptocurrencies

Bitcoin doesn't control markets, but... altcoins price are based on bitcoin, that's why bitcoin doesn't control them but it have some influence in them, let me explain. If one bitcoin cost $10,000 and the alts price are based on btc, then if bitcoin lose a percent of his price (lets suppose it goes down to $9k) all the alts loses his 10%, they will cost the same amount of bitcoin, but since btc goes down, when we make the conversion from the alt price to usd we will see that -10% on the cash price.

No coin affects the crypto currency market, except bitcoin.

This is the main coin, which can either send the market up or down.

It is necessary to increase the community of investors in bitcoin, which would remove the manipulation of the market

Every cryptocurrency affects the market according to their population in market. In all cryptocurrency bitcoin affects the market mostly. Its volatile nature is the main reason behind this. Bitcoin market price is high and it also accepted by many country. When one government ban bitcoin trading, investing, marketing in their country then the negative effect show in its price. Like bitcoin other cryptocurrency like Ethereum, Ripple litecoin etc also influences economy market.

We can't really say that Bitcoin controls the market but it has a huge impact on it, not only because it is the main currency for most Altcoins but also because  it is the ground and the backbone of the whole cryptocurrency world, any news that effect Bitcoin whether it is good or bad it will affect other coins, and that is totally normal because simply we are talking about the dominant currency here with almost 50% market cap.

We can't expect things to be the same all the time and hence this answers your question that Altcoins' price are not fully dependent on Bitcoin's price.
Sometimes the prices goes independently of each other and sometimes they don't. Most of the time people say that it is dependent on Bitcoin's price just because of the fact that the chart shows the price in bitcoin's pairs and since bitcoin's price goes up/down the price of altcoin also goes up/down respectively when seen in dollars.

This is the best explanation. I think the best term is not control but "affect". Btc may affect the whole market because all cryptos are based on btc price. And in the other hand, fiat like US Dollar also affect the price of btc, in some way, since btc is commonly based on us dollar.

I think the movement of bitcoin determines what happens in the market and altcoins. This could be as a result of the general use of blockchain.

Moreover, I have hardly seen the pump being sustained after like one/two weeks without crashing back when bitcoin is dropping too.

every coin in the cryptocurrency world is somehow tied to the bitcoin as it has the final reference value of every coin or token and that includes the ethereum option. directly or indirectly, the bitcoin completely controls the market from its own domain because you must change or exchange your tokens to either ethereum or finally bitcoin.

BTC is the king of the market rest of the altcoins today exists due to bitcoin. So if btc rises then other coin starts to rise and vice versa. So you will know the more or less it is btc that controls the market and based on the price movement other coins price rise or fall.

The statement that bitcoins controls alts and the market is partially true, as the entire focus has always been on bitcoins people assume this. If you have observed bitcoins and Alts prices work together, but not at the same pace as after every pump and dump bitcoins recovers fast but not alts. This very price movements suggest there're other factors involved in alts prices, bitcoins may be one of them but not entirely the main one.

Yes i agree on that and we are ecperiencing thus dip from the past. We can all see that if bitcoin fall or maybe drop down all coins inside the crypto market will also fall down, so I think coins that is on crypto market really depend on the bitcoin price. I think it is all because the bitcoin is commonly use to purchase coin and token and if the bitcoin price down there will maybe a few investors that invest on crypto market because of bitcoin price is not that big to get other coin.

In most cases, no matter how you say, but the price of altcoin moves for bitcoin! In 95% of cases, all tokens with a sharp drop in bitcoin also fly into the abyss at a rate exceeding the rate of bitcoin.
There is no mirror movement before but this does not mean that all tokens are traded at their rate. Basically, all of them on most exchanges are traded to bitcoin and Ethereum, so the dependence is visible even to the blind.

Dumps and pampas I in this case do not consider because it is a certain event that is played by one or more tokens of the same sector. So whatever you think - but Bitcoin controls everything! He's been on the market for 10 years and everyone else is after him.

Yes, in my case bitcoin control the market. As u see when bitcoin fall down, all altcoins follow the same as bitcoin. When it rise all coins rises up. Bitcoin makes a big impact in cryptocurrency as it is mother currency of all altcoins.mostly coins trades in bitcoin pairs.. 

Bitcoin doesn't control anything, it is not an organization or corporation. The market tends to ride on the waves that Bitcoin creates simply because it is the largest cryptocurrency by market cap. When you see changes in Bitcoin, it is automatic to assume similar trends will happen to altcoins as they're all part of the same broader market, hence when Bitcoin goes down, it inadvertently leads to altcoins dropping too due to speculation.

Well I wouldn't say BTC "controls" the market.

BTC is the king of cryptocurrencies and it's not going anywhere soon.

Obviously, no coin has a 100% correlation to BTC. That would be too easy for traders to exploit, as all altcoin markets are less liquid and more volatile than BTC. They all move independently sometimes.

A lot seems to ride on the underlying longer term trend of BTC. When Bitcoin is in a bull market like last year, altcoins alternate between positive and negative correlation with BTC. But in a crash -- and this is the important takeaway -- altcoins will fall with BTC, and they'll fall harder. Exceptions exist but they're very rare.

You only see the market moved that way but you haven't see that sometimes it is going oppositely. The time you see the scene of bitcoin pumps > alt dumps usually what happens.

But there are times that you can see it like this way.

Bitcoin pumps > alt pumps, vice versa and so on while it is randomly changing without any reason on why it happens. Probably affected by news depending on the coin that has good and bad news.

No control!!! Based on craze on coin!!!!Market goes up!!! Real feature to be added to utilize the coin fully!!!Then might be a chance to hold the market

Yes, bitcoin might not control or control the market but I can say that it percentage determination of the market is very huge. Crypto market will strive to survive without the impact, usage and existence of bitcoin.

you can see the price on cmc everytime that btc down . the market is red . Btc controls this market

I believe that btc is the baseline of the majority of the altcoins in every btc market condition. If btc will be bullish,  most of the alts follow the trend wherein it will also go bullish but not the same percentage increase with btc. However,  few months back i did observed also that there were cases in which each of the alts and btc had independent market movement.

But fact about bitcoin up then people sell their alts to get bitcoin and cash out it is not really wrong, and when bitcoin down people panic to sell their asset is true too. I think a lot of thing can control market.

Indeed many things affect the market and it makes many people feel that bitcoin is the one that controls the market. At present the market is indeed red and declining, a difficult situation to be able to give investors confidence again.

Bitcoin can be said to have a very large role in influencing the digital currency market. whatever happens to bitcoin will greatly affect the price movement of altcoins. so we have to really analyze bitcoin and enter the role of bitcoin when it comes to analyzing altcoins. Bitcoin will always move and we must be smart in utilizing the momentum that exists at all times.

The price of Bitcoin affects the market generally as it is been paired with most altcoins on exhanges. However, I have seen some cases where as bitcoin goes down, a couple of altcoins were increasing in price.

No! Even bitcoin is the king of all crypto ,it could not control the whole market because every coins has a different value,uses,supply, demand and acceptance of people in the market. There are other factors that affecting the market now but we don't need to worry because it is just normal,everything will go back to normal soon.

I think bitcoin has controlled the electronic money market. Bitcoin is the father of all pennies. The value of bitcoin has a great influence on other coins. Market capitalization of bitcoin is very large compared to the rest. If bitcoin falls, I do not know what the money market is going to be.

I dont think bitcoin control market and control others coin price. Most exchanger pairs using bitcoin as main pairs and its affecting on others coin price. If bitcoin price againts USD drop, others coin will following because the pairs counted by bitcoin price

Bitcoin is controlled by all Bitcoin users around the world. While developers are improving the software, they can't force a change in the Bitcoin protocol because all users are free to choose what software and version they use.

For what I have observed, it is obvious that bitcoin has an effect on the prices of the other altcoins. It can be a direct or inverse influence depending on several factors. When the market is red for bitcoin, some other cryptocurrencies also get red, but other would  be green.

I sorry to disagree but i have observed many times that Bitcoin will always create a domino effect everytime the price will up and down. I don't know what is the main reason but this is always happening now so i think we need to help other on how we will going to pump Bitcoin steadily so that the market will become healthy one again.

There are 4 school of thoughts here:

[1] Bitcoin goes up, Altcoins goes down
[2] Altcoins goes up, Bitcoin goes down
[3] Both market goes on a bullish trend
[4] Both market suffered, massive downtrend


Just look at my post above. I wouldn't save that bitcoin control the market, but it has influence the crypto market because its the dominant coin.


This is a free market, no one has total control. If you are talking about the whales, yes, they could one factors but you have to see the total picture, there are a lot of players around and then the Universal Economic Theory - Supply and Demand, which is very applicable to this market.

Yes, i think bitcoin controls our market. Because bitcoin is number 1 and the best coin in crypto world

it is not exactly about "controlling" the market but realistically that is what happens.

the problem is that the rest of the market (being altcoins and lots of tokens) are not serious projects. they are mainly created to make money both for their creators with things such as premine and ICO, and the speculators with their pump and dumps.
the result of this is that people don't care about the altcoins in the long run since they have no usages and they still care about bitcoin and money. so they are always so fast in abandoning them for things  they care about.

Of course because bitcoin is the basis of their value, bitcoin controlling the market in the way of comparing the value of altcoin in bitcoin. But the progress of every altcoin will base on the supply and demand and how the management will pursue to make their coin more profitable of will be worthless in the long run.

No.
What controls the market is an activity carried out by market users.

That can happen when some BTC users move the assets they own together, to make purchases on coins that have increased, but that only applies if the assets that move have large enough value and vice versa.

you can understand that more clearly in the following article.
https://bitcoin.org/en/faq#what-determines-bitcoins-price (https://bitcoin.org/en/faq#what-determines-bitcoins-price)

I think that all coins are related to each other. Most coins lost in value when bitcoin fell. Yet bitcoin can not affect all coins equally.

Is it possible that bitcoin controls market prices? but if there is a case about bitcoin that makes the price go down, then it will also have an impact on other coin values, but it also depends on the coin enthusiasts themselves ..

Yes bitcoin have more power full control of the market, look how altcoin and market growing fast after bitcoin is growing up, but when bitcoin have drop and lower price many altcoin allow the same price with bitcoin and lower price.

I think bitcoin is a pioneer of crypto currencies and maybe bitcoin regulates the market today and is very influential on other coins for now but for the future no one can know for sure

I dont think that bitcoins control the markets but instead the markets control bitcoins sometimes. Markets are really much huge and also there are a lot of pheneomenons which affect the markets. Several FUDs and news too affects bitcoins and the markets easily.

I think the various types of cryptocurrency currently available are the same as various currencies currently in circulation. various kinds and different values. it could be that people think bitcoin affects the market, like the USD which is very influential on this world. so how does someone's point of view look at that.

There is some sort of indirect relation between the bitcoin and altcoins. I am saying indirect because its been only when there is movement of the bitcoin upwards then altcoins are traded on larger volume for buying more bitcoin. The end result is very very simple here, bitcoin gets pumped more and altcoins ultimately starts dropping. This way we think that bitcoin movement is actually controlling the rest of the market. But this is nothing but the act of buying and selling which happens hand in hand with the two currencies and they affect each other. Thats what I get it from the current scenario.

Bitcoin does not control the Market, Bitcoin is the only unit that compares the value of the altcoin and token! When Bitcoin prices change, the price of altcoin in bulk changes. Big investors affect Bitcoin and altcoin!

It is not really the bitcoin that affects the market. Maybe it could somehow be the factor but not really and not directly. What I am sure of is that the investors are the one who does contribute a large factor in the market.

I think bitcoin is controlling the market, because bitcoin is the king of crypto and the benchmark for all altcoin prices, the value of bitcoin has a big influence on other coins, when the price of bitcoin falls, the price of another coin decreases.

Actually the movements in the cryptomarket are not only based or depends on bitcoin fluctuations and movements because not only bitcoin are there in the market there are a lot of different coins and tokens that we've founded there. Maybe there are some beliefs that btc are manipulating the movements in the market it maybe because it's because this coins are considered the main cypto in the market that as a big influence and impact rather than the other cypto but it's doesn't means that really bitcoin are manipulating the market because for sure the cryptomarket has it's own system that manages it's own movements.

hi i'm new this coin what is the use of this coin and what is the special features?

Yeah. If bitcoin is dikes market price goes down. So people check the bitcoin price in the marketplace. The marketplace is important for all business process. So don't lose the coun and time to buy and sell it. People get the more good opportunity for business improvement. Market price is important of the all business project. If market price is down then shared market price also down.  So follow the market price then plan to work.

I think that bitcoin still significantly affects the price of altcoins because the price of bitcoin sets the General trend of the market.

you're right, the current development actually refers to bitcoin, and eth. however, the influence of bitcoin on eth is really big so other altcoins are also affected. so I think, bitcoin really controls the market.

Looking at the daily yes certainly prices are linked to Bitcoin. But if we look for the long process, we can say this is a little variable. For example, the price of the Dogecoin rises as all the altcoins fall, depending on the price of Bitcoin. Because there is an improvement in Doge right now.

        The altcoins price is influenced by the oscillations prices for bitcoin or ETH. The two are pioneers on the crypto market and the other alcoins are heavily influenced by them.

It honestly wouldn't surprise me if more than 11 million Bitcoin are lost forever. 10 Million circulating supply is what I expect once hyperbitcoinization happens.

Isn't it obvious? We have observed this through out history and there is nothing surprising about this at all. Bitcoin and altcoin values are indirectly related to each other where altcoin values tend to be directly proportional to Bitcoin value majority of the time.

Both altcoin and Bitcoin values are inversely proportional to each other minority of the time. There is nothing surprising about this since Bitcoin usually dominates a big portion of the market which is why altcoin values fluctuate along with it.

Accumulate until crysis. Others will accumulate from you later for higher price :D

True, when I die my bitcoins will die with me.

Yes, people needs to work for bitcoin, not giving it away for free, even for relatives
Unless I could sell it at 100k lol

I believe bitcoin does not control the market,but it serves as reference in value to other tokens and altcoins in the market cap.,there are many factors in which the reason why the market is changing its price value ,and maybe there will be manipulation of some big capitalists in cryptocurrency.

Its not the Bitcoin itself who controls the market, but of course it is still depend on the demand of the investors in it. Since bitcoin was a volatile we  cannot says what would be the volume of it. Same goes with altcoins because of the volatility there are two things may happen always in the market which is Increasing and decreasing value.

true but price of everything in this whole market is controlled by the way investors move their money and so far they have been moving their money towards bitcoin as a goal and that means whenever bitcoin is having a nice market for profit making they dump altcoins to come to bitcoin. so it  creates the illusion that bitcoin is controlling the market.

bitcoin and ethereum are the ones that most influence the value of the market, I feel when in February until now, the landslide value of bitcoin and ethereum forced all crypto coins to fall.

Yes, right, because it doesn't make it wrong, but what makes the price of bitcoin survive and rise in the market most of those who do it are altcoin

Yes ofcourse the Bitcoin is controlling the all cryptocurrency market. The BTC dominance is around %56-57, and it is the expensivest and oldest coin. So how can't it be? There are 1000's of altcoins and in the market the big piece is bitcoin's. It is very easy to say the BTC will rule and it always be.

In my opinion Bitcoin do it control in the crypto currency markets ,I see 2018 year Bitcoin still down and quickly market still going down.i have checking daily crypto market and CMC Bitcoin some pump then lot of coin up.bitcoin down then all coin down,so I understand Bitcoin still control crypto market.

Does bitcoin control the market, with what we are passing through in bitcoin the price is still at the top and still leading all other coin in the market of coins.  The power in coin is with bitcoin

Yes it is absolutely right that bitcoin control the economy market. Although it does not control the market fully but in some situations and circumstances it affects the market by its popularity and potential. Bitcoin is mainly use for investment purposes and because of its volatile nature their is show fluctuations in its price and this thing affects an economic of an country. Increase profits of bitcoin in the market is the reason behind the decrease profits of banks. Bitcoin also influences the shares market of many countries

No it doesnt. Bitcoin is not controlling the market. Its just the altcoins are mostly based on the price of bitcoin. For me, its the investors who are controlling the market (possible manipulators).

Hello,

It doesn't control all the Alt curve but ALT are really dependent of BTC. BTC is the oldest crypto, the most known and for this it is considered as the king of the crypto. So it is leading the market and is consider as the reference for a lot of things, indicators and people.

Of course you could have increase or pump of Alts due to good news, market turnaround or other things. But if you look globally when BTC is red, others crypto are also red because it symbolize general decrease.

I am treating each coin differently, but each time Bitcoin falls, all the coins are following, and it's not happening once or twice but a hundred times now and it will happen over and over again, Bitcoin has a huge impact on the price of almost all coins in the market and this is the fact.

I would not say that bitcoin is in control. The point is simply that while there is not a single serious currency that would approach the bitcoin by capitalization ... in addition to this, bitcoin acts as the face of the whole of crypto, so if something bad or good happens to it, it has a consequence in others crypto-currencies.

Bitcoin is a currency that is above all and first of all. All the coins have been there after Bitcoin. Naturally, its impact will be higher on the market. However, the control here implies that all the market conditions depend on the price of Btc.

Bitcoin is the king of cryptocurrency and the first of all among the other coins. Bitcoin controls the market.  It has influence on the cryptocurrency market because if bitcoin price rises, there's high demand on the market.

In some way Bitcoin influence the price of altcoins. If you have taken time to carefully follow the prices of altcoins whenever bitcoin is rising or falling, you would have noticed that Bitcoin influences altcoins.

Of course Bitcoin control crypto currency. It's said to the mother of all crypto currency.the 1st crypto currency was this Bitcoin. The market capital of Bitcoin is most highest than any other crypto currency. It's trusting point as well as it's acceptability make it number one crypto currency. If you see carefully then if the price of Bitcoin increase then suddenly price of other crypto currency also increase.

I agree with the author. In fact, this is because the market is constantly subject to manipulation. Therefore, we see a different behavior of the altcoins.

In whole market if bitcoin is affected then it's mean that bitcoin is controlling the crypto market and for year 2018 bitcoin not shows any huge growth and if we invest now e have to keep patience and hold it for the next generations and it is not like the other currencies which change over time but it will exist for the whole life. Speculators should not invest now because there is no way for the speculators to get some thing from this market.

seems like that because with the price of bitcoin increasingly rising, the market and other coins also go up. because the influence of bitcoin on the market is large

Yes it does. It's hard to say opposite. Almost all cryptocurrencies' price is affected by bitcoin price. We saw what happened last nine months when bitcoin price go deep. All altcoin market was crushed to death. They need bitcoin to rise again.

I think it does because it holds most of the market cap and whenever something happens to Bitcoin, specifically going down the rest of the market fee it also.

To be honest I don't think bitcoin control market. But I believe that BTC is the baseline of the majority of the altcoins in every BTC market condition. It serves as a reference in value to other tokens and altcoins in the market cap. The altcoins are mostly based on the price of bitcoin.

Only few coins dont drop when Bitcoin drops or rise when it rises.

It is not because Bitcoin influences the market,
but because the market is influenced by news, rumors, whales...

When there is bad news regarding cryptocurrencies all investors start selling their coins making the hole market to go red.

in my opinion, bitcoin regulates the price of each altcoin, bitcoin at the end of 2017 reaches a value of $ 20,000, and I see other altcoins like ETH, FLXX, RiPPLE, Dash, and others following the price of bitcoin to be high.

and today when bitcoin falls, other altcoins also follow bitcoin, if you think every altcoin doesn't follow bitcoin, then I think the purchase volume will be enough to make every altcoin high and increase without bitcoin.

I agree with the thought of reading the price of all altcoins following BTC and all tokens following the ETH are actually incorrect thoughts because in fact many altcoins and tokens continue to fight prices when others experience a downward trend...

I agree with that actually that's same speculations I have been driving at but we just hope for all altcoin to come back which I know this bear market people still make money from it.

It could be yes that bitcoin control the market. Bitcoin itself already contributed to bring investors in cryptoword.  The populations of having a cryptocurreny is increases, and it really influences the new believer or investors .

Investors are just depending on the price movement of bitcoin but I think bitcoin does not control the market. We have so many whales in the market and I think they control more of it than bitcoin itself. but we must not panic simply because of that, we have to be more confident with bitcoin and I know some good altcoins will survive along with bitcoin.

Yes, I agree with you, that each coin has different utilities, different volumes, and exchanges also determine the price of altcoins.

Dash has a significant development when the market is bearish, Odem is able to reach a maximum value of $ 0.3 when the market is bearish, and it gives profits to each holder and traders.

but, in general, I think bitcoin always regulates altcoin prices.

Treating altcoins differently as they have their own utilities.

Correct.

But in general, all of them has the same qualities but with the pricing of each of them. They are being affected once bitcoin starts to pump and gain the dominance in the market. Meaning that most of the altcoin investors are changing their course to bitcoin which will give negative impact to the altcoins from which they came.

You are right that bitcoin is not controlling the cryptocurrency market. But bitcoin price ups and downs affect to all coins. As you mentioned that you have seen some coins price increased when the bitcoin price was dumped! It happens in 10 coins from the 100! And that happens for a good update or new exchange, Otherwise  97% coin price ups and downs with the bitcoin. So, Is bitcoin control the market?

I am afraid it currently does. Everything moves in the same direction of where Bitcoin goes. There are some ones might get the odd occasions but eventually they will fall back into the same track. This is an unfortunate situation but I am sure it will change will crypto currencies become more established.

bitcoin is the king of the market, and we know that if the bitcoin rise up all cryptocurrencies will rise up too, it might be that you mean that bitcoin is control market? they control all cryptocurrencies when the price is up or down.

Bitcoin has an influence on the market due to it's large market capitalization. Bitcoin has gained the trust of about 90% of the investors in crypto. In the event of great fall in Bitcoin, these investors tend to panic and withdraw their investment from crypto and this greatly affect the entire crypto market and industry.

In my own perception bitcoin doesn't control the prices of the coins in the market, it is the coin's demand and supply that being reason to fluctuate time to time, the bitcoin price is also the factor of the prices of the altcoinsbin the market.

bitcoin does not control the market because each coin has its own market and does not depend 100% on the bitcoin market. but the influence of bitcoin is certainly very large in the crypto market. yeah you can say that. when the price of bitcoin rises most of the crypto market will also experience it but not all

Times have changed, gone are the days almost every one believed bitcoin is the driver of all cryptocurrency,I have witnessed a serious rise of altcoins and against bitcoin,and dumping against bitcoin rising and these coins stays on top after the rise,then bitcoin still fluctuates.. So bitcoin does not really drive any price of the market..

If we look at the crypto market during its red days, it's also noticeable that bitcoin is down and that some other cryptocurrencies almost have the same pattern of price drop as what we can see on bitcoin. So in that case, we can also say that when a group of whales decide to sell their bitcoin, we expect fluctuation of bitcoin's market cap and price and so with the alt coins and cryptomarkets too.

bitcoin controls the existing market to this day because bitcoin is the parent of all altcoins, obviously if bitcoin falls, altcoins will also fall and this has often happened in the cryptocurrency world.

I would better say that those people, who control Bitcoin, control the market. These are the whales. The prices of the tokens naturally depend on the price of the main crypto, BTC.

Do not just look at profit in short time mate. There are more thing interesting here beside that. You can be safe again with the privacy that some crypto have to offer. You can own your coins and no other can control them and yourself.
Of course more money you invest the easy for you to gain some bucks speculating the price day and night but those are the bad guys like those who used to have control in bank system.

Bitcoin is the world’s first decentralized digital currency. The ‘digital’ part is self-explanatory. The term ‘decentralized’ means that there is no central authority like the Federal Reserve in the U.S.A or The Reserve Bank in India, that is in charge of Bitcoin. There is no authority that sets the price/value of Bitcoin, production and supply rate etc, for Bitcoin.

So a question arises, How is the value of Bitcoin determined?

The value of Bitcoin is determined entirely by the forces of supply and demand. There is no 3rd party involved in a transaction (miners are different case). This is the beauty of decentralization.

More the demand, more the price/exchange rate rises, as simple as that.

Did you know that more than 50% of BTC's (https://coincodex.com/crypto/bitcoin/) belongs to different wallets with more than 200 BTC per wallet? Fun fact :)

https://coincodex.com/article/2370/55-of-all-bitcoin-belongs-to-wallets-with-200-btc-or-more/

that's what really happened, because bitcoin has controlled the market. you can see in the exchange when bitcoin falls eating the altcoin will follow a deeper fall, can't you compare it?

I think that bitcoin controls the altcoin market as it all depends on its behavior on it but also any alctoin can grow regardless of the bitcoin because of the news background !

no as practice shows if bitcoin sags in the price, then the altcoins also sag by the ratio to bitcoin, that is, even more than bitcoin. if in the bear market you want to store money in the crypto currency then you need to store them unambiguously in bitcoin because it falls the least. You can look at all the grids for all the years so it was in 100% of cases

I think the price of Bitcoin will mostly dictate the market as those alt will be affected with the fall of Bitcoin price as we seen the the bearish situation. Although some me rise but can't sustain if the bearish trend continues.

I think, despite what condition the market would not be, the market should always be watched! because there is not much that will be

if I think bitcoin is the king of all coins. even if I notice almost all of the coins follow the bitcoin price movement. because bitcoin is the center of price / controlling the crypto market

But then majority are in bitcoin so there is a huge possibility that ot is really the bitcoin who controls the market. But the truth is, it is themarket who controls the bitcoin and altcoins. Because we can see that if there is small number of users we can predict the downfall of bitcoin and so as the others.

I don't actually think so,Because if the alt coins are really potential The Pump and Dump of Bitcoins doesn't affect them at all.There are many other coins which actually showed huge pump when Bitcoin is really down.Just people who are against Bit coin try to create the FUD.

Most of the coins are traded only with btc or eth.
this means wif the value of eth or btc drops the altcoins also drop in value relevant to FIAT, that it.

If you want to check some altcion values, then you should check their value against eth or btc, then you will see if the alt is dumping or no

First thing, bitcoin have a huge investment and all eyes are on here and if ever bitcoin had some correction and the fud is like a wild fire that spread, investors tend to panic and they easily dump their altcoin as they feel like they will be doom, soon. So this trend always happen that's why it was easily anticipated by others and save their selves. Bitcoin doesn't control the market yet still, altcoins depend on bitcoin's movement, whether we like it or not.

that might happen because bitcoin is the most popular cryptocurrency currently available. well, instead of saying it controls prices, I think it's more suitable in influencing other altcoin prices. well, that becomes the benchmark for all the coins that are currently in bitcoin.

I think Bitcoin is not controlling the market it is the investors who’s investing are the one who controls it. Once investors buy or sell coins the market moves.

Oh yeah! definitely so. the ideal thing here is that people measure the survival of crypto with Bitcoin. So when Bitcoin is mooning everyone thinks the whole of crypto wil go on well and so they cane in huge, and it's thebsame vice versa. Also, it's true that every coin has its market fluctuations but the deviation is always attached to the price movements of Bitcoins. Again, the dominance of Bitcoin tells everyone how trusted people are in BTC.

The market itself controls itself, and makes any action in those moments when any coin, well proved to have grown in price, or Vice versa fell that will prevent the development of the market.

Bitcoin has a lot of influence on the cryptos market. He is the number one and the altcoins follow the trend. If the Bitcoin drops the altcoins will also drop. There will come a day when altcoins will free themselves from the influence of Bitcoin. Bitcoin will not remain the number one and altcoins will become independent.

Yes the price of bitcoin have many effect to other cryptocurrency price like ethereum and others so bitcoin control the market of  cryptocurrency

Yes, in my opinion, many things affect the market and that makes many people feel that Bitcoin controls the market. At present the market is red and declining, when Bitcoin decreases and many lower altcoin prices are possible.

Indirectly bitcoin controls the market. But i believe that the people who manage to do investing are the ones who controls it because they know when to sell or to hold their investments.

I agree if it is not because of bitcoin, I think other cryptocurrencies is also nothing right now. That is also why a lot of coins now are dropping its price because bitcoin is also not at a good price now, I mean, it is not like before, it drops too hard and that is also why some other coins are also dropping but as of now it has a stable amount of value and I think it is enough but not good for short investments.

Quite right, the whole market depends from bitcoin, I was already convinced of this many times, because in 99 cases out of 100 when bitcoin go down then all other alts also go down, and when bitcoin grows then everything is in the other way around, all the alts grows. I do not know until the end how this system works, but the fact remains, because bitcoin is the founder of everything.

for most of altcoin , i think yes , if bitcoin price drop , most of that all drop also , and if bitcoin up that altcoin will drop , the altcoin will rise up if bitcoin was stable

And usually some large countries will affect the price of bitcoin if there are many large ICOs in the country. Even if a large country with a large ICO bans the ICO, it will have an impact to the bitcoin’s price. Altcoin’s price basically follows the price of bitcoin and bitcoin also requires altcoins to help increase the price.

yeah you are right , but sometimes trades though that this is a manipulations coming from the whales in order to control the price of bitcoin and gain more from their usual income.and i think this will be a very helpful for all knowing that this is a legitimate occurrence in the market

For the fact that altcoins are mostly traded in bitcoin does not mean that they are affected by whatever happen to Bitcoin. Each altcoins have their market which influenced by demand, supply and some other factors as well. Thus altcoins are not controlled by the price of Bitcoin

Bitcoin function as a mother board of all the coins, As if it sound then all of its components are doing fine. If you don't believe me go check the market right now. you will see what i mean.. GreenDay is real.

Yeah, investors control the market especially whales. Bitcoin is the top coins but it can’t control the market alone, but bitcoin can influence other coins by following its trend. The market is being move by the supply and demand and whales creates such news to move the price of bitcoin.

We cannot say that bitcoin is controlled because of the situation now. The biggest reason that affects bitcoin are the number of investors who cashing out their money.

Yes, I observed that bitcoin is the main actor in crypto market that all coin are dependent on it, it almost make me believe for the fact that even all ICO was somehow postpone and hold because of the unfair bitcoin value therefore I can say that bitcoin really and truely controls the market.

There's every possibility for bitcoin controlling the market and also 90 percentage of altcoins depends on bitcoin, as most people exchange their alts for btc.

As far as I know bitcoin can't control the market. because every market is moving, and cannot be controlled. moreover the market is currently still up and down and there is no clarity.

I think bitcoin is having a huge impact on the money market. Bitcoins are high compared to the rest of the coin. Many investors are choosing bitcoin for long term development. When bitcoin increases or decreases it will cause the price of other coins to follow. Bitcoin is the strongest coin.

The crypto market is controlled by so many factors. People believe that bitcoin controls the market because of its market cap and volume but the truth is that, bitcoin controls the market partially. The market is basically controlled by people with most number of a particular altcoin. They determine the market price of that coin.

Bitcoin doesn't control the market of Altcoins, but the price of bitcoin influences the market price. All coins in the market have their own price which is not determined by by other, because those all are created with own foundation and method that different. However, all price probably adopt bitcoin.

bitcoin controls the market = NO
altcoin depends on bitcoin = YES
because no one can control the market
maybe some people can manipulate prices but no one can control the market

When people say that bitcoin controls this market they do not say it literally, it's obvious that each coin is going to move in its own way because of their different characteristics, we see this all the time, when all the market is crashing and a few coins are going up in value because recently there was a good news coming from the developers of those coins and the sentiment is positive.

what you say in your opinion is very true bitcoin I think is not completely in control of the market but bitcoin might be a guide to other cryptocurrencies because bitcoin might be a pioneer of cryptocurrency

 Bitcoin hodlers’ collective level of control over the network was put to the test as large companies in the space combined with more than 90% of the network hashrate in an attempt to move everyone over to a new network they would agree to call “Bitcoin.”

I will say Yes because as we already knew, bitcoin is the mother of all coin and it is the first coin of this market. i think bitcoin can control market

I think bitcoin is controlling the market especially with crypto and ETH. if bitcoin prices go down or biycoin sounds ugly, all of them will be affected too. bitcoin is a way to make all investments in the crypto and ETH world.

Well i also believe on that. The bitcoin is really the most amazing coin and popular coin in crypto it is also the first coin that gain a big trust from the community so then if we speak about crypto first thing that came to the mind of every crypto investors is the coin called bitcoin. That is why I believe that crypto coin is really depend on the bitcoin which is said to be the center of the crypto market.

Yes of course, altcoins or alternative coins for bitcoin so basically the market price for these altcoins will determine from bitcoin. Anyway, there are good altcoins in the market that barely has a good market price increase depending on the ROI of that project that could add up its market price value.

Bitcoin is not being controlled by other coins here though those coins could really help bitcoins increase its demand as a trading pair on that crypto.

Yes, many people are still, in confusion who is controlling the market but one thing i can every coin price completely depends on the price of Bitcoin only. As you can see when the value of Bitcoin is kept changing automatically the price of all other coins changing. So in this case, the Bitcoin price is controlling the market.

No how could bitcoin could lead the market we know that its the mother of cryptocurrency but it is unable to do it because every crypto has its own cons and pros ethereum is doing well then bitcoin it kept its market in equilibrium the and many people say about ethereum that its strategy is more strong than bitcoin so bitcoin has its own cons and pros and it never affects the other crypto.

I think the same as you because I see if bitcoin was getting down, the altcoin will go down too and if bitcoin is up, then altcoin will up also and even can increase for 2x or more. Bitcoin domination in the crypto still big and altcoin are follow with the bitcoin movements, so bitcoin still control the market, and the price is adjusted with bitcoin too.

The crypto market is tying bitcoin. I don't think Bitcoin is controlling this market. Bitcoins, however, are suffering from multiple impacts and are at risk of collapse.

You are right most tokens/coin move independently from bitcoin and have shown total freedom in terms of their market and price movement from the influence bitcoin have on some other coins in terms of the price movement, while some other coins depends on bitcoin for it market movement you will see that their price change either positive or negative when ever the price of bitcoin change in such direction and this is so because bitcoin is the major player in the crypto market price movement.

its nth like control.. with my analysis I think that when the alt coins prices go down... ppl invest in btc. you could see this recently when the btc dominance rose. The prices of btc and altcoins are negatively correlated when market goes down. but if the market rises... all coins increase, except few coins.

Actually i dont think so that bitcoin control the altcoin market. but it is true that its effect on altcoin market a little bit. most of time we see when bitcoin price down all altcoin market also down. but of course there are many big cause for that too. but my opinion bitcoin dont control the market but it effect on altcoins'.

I think the coins for yourself provide control, and control of this is very good, so and bad moments are happening less and less though the market is not for the better.

Bitcoin mostly 70% control in the crypto market, unfortunately now crypto market is everyday goes to down because Bitcoin also failed price in this year months.so as moment like this when Bitcoin price come back again then I hope market will also come back.

Yes ofcourse the Bitcoin is controlling the market. If you look into the market you will see the bitcoin dominance. Today now the Bitcoin has %52 market cap so we can say easly it is dominant. The bitcoin isthe first and the strpngest coin and it will always be..

Bitcoin in the crypto world is like what the US Dollar is to the fiat currency world. The currencies are somewhat tied with the price of bitcoin. The most common pair of trading an alt coin is the bitcoin. This is one of the key reason why alt coins follow bitcoin. The price rise is not always the same. When bitcoin rises, we don't see much spike in altcoin. But when btc falls, we see a huge dip on altcoins.
Another reason is that when bitcoin starts to rise, people pull out of altcoins and starts jumping on bitcoin, thus the price rise of altcoin is significantly lower than btc.

Bitcoin is indeed the ruler of the digital market today, Bitcoin has enormous power so many people believe in Bitcoin. This is proof of how the power of Bitcoin and market share of bitcoin is very broad. Current conditions are not very good, but we are trying to increase crypto prestige. In the end that Bitcoin will control the crypto market and we will all see Bitcoin as the main currency.

Bitcoin is the basis of the crypto world. Each newly added altcoin to the market is based on the price of bitcoin. Bitcoin doesn't control the market, but gives directions. An increase in bitcoin value increases the market value and this affects altcoins. In some cases, some altcoins can be independent of bitcoins with improvements made.

As you said, crypto market is controlled mostly by bitcoin, when bitcoin value goes down, the most of cryptocurrencies follow it and go down to. Nowadays the bitcoin price is volatile between 6000$ and 6.8k$ which it's too low compared to the bitcoin value few months ago. I hope that bitcoin price will increase soon, so the market will be green again and we can make a profit, because I think a lot of us are holding bitcoin for the future.

Yes definitely. I agree with you there. There's a reason why its called king of coins because everything is really dependent upon the profile of bitcoin. Bitcoin plays a vital role in their market prices.

Bitcoin has a big influence on the market, because bitcoin is the strongest because of its popularity, and if bitcoin goes down all coins will be affected.

I see the price movement of crypto always moves following the price of bitcoin, when the price of bitcoin rises, then the other coins also go up, and when the price of bitcoin down, the other coins also go down. This means that bitcoin does control the market in cryptocurrency.

I think Bitcoin is the best currency and it more or less dominates the market. However, altcoins are also very good and worth the investment. You probably have also learned about altcoins. Perhaps you will find Euthereum or Litecoins as 2 potential altcoins. Although Bitcoin is good, do not ignore the competition from the altcoins.

I don't think bitcoin controls the price of other crypto  currencies. But there are market forces that affect most coins all at the same time that one could interpret wrongly to mean bitcoin is determining prices of other coins

I don't think so. But I think bitcoin is one of the so many factors that affect the market. The truth is, bitcoin became the King of All Coins, thus, this affect other coins but the total market.

Even though Bitcoin doesn't have an exact effect on an individual altcoin, it determines trends on the market. Thus, it may behave like a catalizor or inhibitor. When deciding to trade, we have to see bitcoin as a very important indicator or anchor.

Yes, bitcoin controls the market. Bitcoin is like a king amongs all. is like when the head is affected every other part of the body suffers it.

As always Bitcoin tends to be the one that controls the market most especially to Altcoins prices. I can't even see an Altcoin that continually rising while Bitcoin is falling, I mean most Altcoin are affected and are dependent to Bitcoin. I might be wrong but my observation could also be accurate. Bitcoin might not be the one that controls the market as what you and others have said but one thing is for sure of course it's the community who can't control their emotions.

you may have been following bitcoin in these last months, but in the past, altcoin has repeated the bitcoin movement in the medium term and in the short term too

in my opinion bitcoin does not control market prices, but the rise and fall of altcoin prices depends on the price of bitcoin because bitcoin is the king and he is always followed. if bitcoin can control the market I think prices continue to rise. because you see market prices falling when bitcoin is down and it's just a coincidence, sometimes they are in opposite directions.

Every coin or token have their own movement againts bitcoin, but most altcoin using dollar value on their price and its depending on bitcoin price againts us dollar.
Indeed, we should treat every coin with different approuch because every coin or token have their own functionality.

Today Bitcoin is the basis of the foundation and the whole crypto world equals to it. There's nothing wrong with that, I think, just yet no currency has shown itself as Bitcoin, it was first and fundamental. We have to forgive this attitude to people.

Considering that 40% of Bitcoins are in the hands of 1000 individuals, (whales). This means that 1000 people control the Crypto market  :o

Well every views and concerns are respectable so i will not argue with you,though investors really runs the market,and they are controlling this .so its not bitcoin who controlls this but the market itself is capable of doing such.so let us have our own opinion.and besidest the end of the day,we will be trusting the market and not single coin

I also think when bitcoin dumps the alt is the same. but not all, although dominated like that. if you control it might not, but if you have influence, yes. see the utility that you say is one of the right solutions when starting to move. to minimize anxiety about money that has different utilities when we use it.

Bitcoin is the main coin in the market and is a crypto foundation. Bitcoin is influential in the market and when the price of bitcoin falls, the price of altcoin can also decline.

In my opinion, I agree that bitcoin control the market nowadays. As we already know that most of altcoins have pairing with bitcoin, so thats why when the prices of bitcoin is going down, then the prices of altcoins are going down too. We should understand that not all of altcoins depend on bitcoin, I have found some coins that even the prices of bitcoin is going down, it is stil Steady or even going up.

In my honest opinion. You rule the market!

In my own suggestion i think i will say this people are right when they say the price of cryptocurrency is been control by bitcoin, because i have really come to understand something about altcoin price that when ever ethereum is going down other coin join him too and what is the may reason the ethereum price is down mainly because bitcoin price is down so with this little view of mine i think i agree with the body that say bitcoin regulate crypt market.

Bitcoin doesn't control the market but it influence market profits. It has a huge impact on market. In those country it is accepted in those countries it use for various things like investment, trading, marketing etc. And it is volatile currency so when its price influence it affects an country share market then this thing ultimately affects the world economy. Bitcoin is also linked with many things like many shopping sites,many companies and when its price influence then the market related to it also influences. Bitcoin mainly affects investment markets and trading market.

Bitcoin affects the market because it is the bridge between fiat money and other altcoins. When new investors come to crypto, they will buy Bitcoin firstly, so the increase in Bitcoin price refers that new money has joined the market which is good thing for overall crypto market. That happened in the last bull run, we saw Bitcoin price pumping, then altcoins, but what we see now is pure manipulation because the marketcap is just 1/4 of last December marketcap.

It is obvious that if you decide to observe the particular behavior of a cryptocurrency, a series of very specific behaviors that make it unique can be observed over time, but if we observe it in the context of market behavior over a longer period of time, we will notice that as a general rule most of the cryptos do tend to be dramatically affected by the behavior of bitcoin on a global scale. Even in the case of cryptocurrencies that at a certain time experience a large pump or dump when the price of bitcoin remains stable, once they stabilize after that highly volatile event, they tend quickly to stuck to the bitcoin behavior again.

Yes, I agree. Not all coins are tied to bitcoin. The course depends on very many factors. For example, the political environment. The success of ICO. Sales and prospects.

People with huge finances manipulate the market, and Bitcoin slightly corrects the movement of altcoins.

He wanna see angels play.

Big sell of could be it. Like really BIG!

Dicks in your ass if you need it! (If you got one to spare..).

The price of a token you see in coinmarketcap, it isn't the price you see with the USD, its price with Bitcoin. So you can't get 95% of altcoins directly with USD. First you should get Bitcoin, then get what you want with it. Accordingly, the price is directly affected.

the technology is mainly dominated by the bitcoin and has so far been indisputable as it and that has given it major control over the market as the price controls it. it is therefore a fact that bitcoin controls the market but there maybe some exceptions.

Very good info, I like your assumptions about prices that affect bitcoin and some other tokens.
however, according to some people I read about the price of bitcoin, it was caused by several sources, and I also studied it.
thank you

I think that btc really is the leader but it is difficult to say whether it controls the market or not. I hope that this will be the best way to earn if to invest in btc. I want to say that btc is the best coin

In my own opinion bitcoin not totally control the market but what ive noticed is when the price if bitcoin down the ethereum and top coins also down and when bitcoin price rise its follows also and rise.so bitcoin  only influence the market and not control it.

Then last week when Bitcoin went up but all Altcoin even Ethereum price also got down. So their is no correct prediction of whether Altcoin are following Bitcoin price or not. But one thing is sure that Altcoin are only to earn more Bitcoins so it is true that Bitcoin is the main coin which controls Market. Because what ever price any altcoin can go high but in the end when Bitcoin price moves up everyone will sell their altcoin to convert to bitcoin so that they can sell In BTC market and get more profit.

Bitcoin don't control altcoins, but we can see some influence on alts. When bitcoin is hurt, others too. I saw few exceptions, but only few.

Just like you, I strongly believe that every coin in the market has their own unique pricing and Bitcoin does not hold any control on these matter. It's just that other coins accept Bitcoin as a means of trading that's why sometimes they have the same chart as Bitcoin.

In a weird way it does regulate it but the control usually comes from either large market manipulations particularly on Bitcoin which in turn affects the rest of the market.

What you describe is exceptional cases. Globally, the movement of altcoins depends entirely on the mood of bitcoin, which is logical, because bitcoin dominates at 52%.

Bitcoin is still the strongest currency on the market today. However, the altcoins still show great potential for development. One day they could compete with Bitcoins for the first place in the crypto market. That is not illusory. Euthereum and Litecoins are the two altcoins that have ensured their ability and people are quite fond of trading them.

I agree with you. Basically, every coin has fundamental factors that could affect its price. Included in these affecting factors are their working products and how widely adopted they are, their marketing, their strong community, and so on and so forth. However, it is also true that when Bitcoin is down, there is a possibility that altcoins would also go down. It is not because Bitcoin controls them directly but because Bitcoin has a very strong influence to the market due to the fact that it is the leading coin or even the torch-bearer of crypto. If it goes down, the entire cryptocurrency body is affected to a significant extent.

Of course. People have a strong faith in bitcoin. Day by day It's popularity is increasing not decreasing. Bitcoin is the most oldest crypto currency. It's also the most trustworthy one undoubtedly. Just a little example - the forum is growing large. The number of accounts are increasing. If you are new in crypto currency and try to invest then among 100 suggestions you will get 90 suggestion to invest in bitcoin.
So, undoubtedly Bitcoin is the top crypto currency and it will remain like this also it will rule tge crypto currency market.

Naturally altcoins do not repeat absolutely all the movements of bitcoin, but bitcoin sets the main trend in the market - bullish or bearish, and it is difficult to deny it.

I think that controlling market conditions is purely from the presence of buyers and sellers while this bitcoin price can only affect other cryptocurrency, any bitcoin price movements will be used as a benchmark with other cryptocurrency price movements.

Sad to say but all altcoin are dependent in Bitcoin's value. It has already proven in the past bear market. There are event that affect by altcoin value like updates on their development but they cannot ignore Bitcoin's movement.

I think bitcoin really controls the market, because bitcoin is the king of all digital money and its value is very influential, if the value of bitcoin goes down surely all the value of digital money will experience a decline in value.

Crypto market is very bound by bitcoin, and that is the fact. bitcoin currently dominates every price turnover for all altcoins that have been traded. both decline and growth will affect the crypto market cycle.

Bitcoin doesn't control the market, the giants holding the new cryptocurrency market control this market.

No, Bitcoin cannot control the market because market is unpredictable, in other words no coin can control it. Bitcoin price is depend the demand of it, also when BTC goes down the other crypto is also goes down it means other crypto depend to the current situation of Bitcoin price. While market the possible can control to it is those investors because they are the once hold lot of crypto.

Of course there is no doubt about it because when there is a bitcoin price variation occur most of the time a similar effect happens to altcoin prices and I think that happens mainly because bitcoins huge market dominance in the crypto world and also because bitcoins demand and popularity many people determine the crypto market progress through bitcoin prices so agree with the above

It could be said to be so, but it could also be caused by the increase in demand on each coin, as happened on July 28-29 2018. At that time Ethereum rose earlier than Bitcoin, if not mistaken the time difference Ethereum and Bitcoin increases are around 3 hours.

I think Bitcoin does not control the market. The sharks are doing it and Bitcoin is just a tool. If you are a trader you should grasp the psychology of the market. that is essential.

I think bitcoin has not have the complete control on the crypto market but it has an impact on the market.That's why when the price of bitcoin has going towards the downward direction that time most of the market have becomes red and many alt coins price also goes to downward direction.

I agreed with this.. Because when bitcoin down the price other token is affected, but in my opinion bitcoin cannot control other coin, maybe market is controled by someone

no, I'm not sure if bitcoin controls the market, as evidenced by the current state of prices, when bitcoin prices slowly increase, there are still many altcoins that are still falling.

Bitcoin is the pioneer in the crypto world since it is pioneers it became a base lines of all  the crypto currency around the world usually if bitcoin price will lead all the prices movement's if the the bitcoin price goes down most likely most altcoins will follow.

Bitcoin has more weight in the market because it is more liquid. Investors sell less liquid alcoins and buy bitcoins. As in all markets - a more liquid asset want to buy everything - fewer risks.

You may be right but most of the time it looks as  Bitcoin is determining the going on in the market. I know market sentiments which results as an impact of news around the economic world. Although some times company captains pronouncement will also move the market depending on the statements and how the market sees it. Some times the whales will come to the market and changes the course of things there. So Bitcoin will many times lead the way.

I think Bitcoin does not really control the market but its value always has a big impact on the market and many people mistakenly believe that it controls the market. In addition, if the bad news about Bitcoin is spread, the market will be seriously affected when Bitcoin drops.

I believe that yes, indeed, the whole market depends on bitcoin now. But in the future, it is possible that the altcoyins will get rid of him and the price will not change with bitcoin

The crypto market is mostly measured by the value of Bitcoin so tendencies related to its growth or decline in value influence most directly on altcoins!

What do you convey is the true existence of bitcoin pioneering cryptocurrencies? I think the growth and development of other crypto currencies is always related to bitcoin, which for now still has a high value and price.

Bitcoin is the center of the altcoin, so it's only natural that all prices follow the Bitcoin movement. I also don't understand why, but that's what happened.
Bitcoin and altcoin are different from token coins, which I know token coins follow the Altcoin movement. so don't mix between Bitcoin, Altcoin and token coins

Bitcoin is absolute, all coins are required to follow the Bitcoin movement. just that, we need to know that not all coins move together. There is a movement of coins that quickly follows the movement of Bitcoin and some are slow to follow the movement of Bitcoin, depending on the resistance of the coin.

Absolutely YES, because bitcoin is the king of all crypto currency in the industries and also have more usefulness in the world than any other crypto currency. Which is normally affect  the market prize drop or increase at any point in time.

but in my opinion bitcoin is very influential on other coins, if bitcoin has a price decrease then usually all coins will decrease, but except for coins that are having an event it will rise even though bitcoin has a price decrease.

My opinion is that Bitcoin can control the market because the hole market need bitcoin to survive

no ofcourse we only look to bitcoin as basis of the market but when you look into the alts there are lots of coins that are green when bitcoin is red and vise versa so we should not say that bitcoin are controlling the market.

in my opinon now bitcoin is controling the price of altcoin, when bitcoin go down almost alcoin increase, but when the bitcoin has lost its price almost price of altcoin decrease.

but i think in the future this situation can not happen, price of each coin will depend on decision of market and the big event like ETF... So we can know what happen in future.

Most altcoin are using Bitcoin as a comparison unit! Bitcoin prices will have a direct impact on altcoin! But maybe this will change soon.

The value of the AML Bitcoin is not determined by any government. Therefore, if any economic or financial instability occurs, AML Bitcoin users are not affected.

Of course, we can say that at this point in time, bitcoin controls the market. since its share is 50% of the total capitalization. The other altcoys have a link to bitcoin, so they are all dependent in a certain part. But recently one can see such a tendency that there are some altcoyins that even go up when the bitcoin decreases.

Bitcoin significantly affects overall situation in cryptocurrency market because it has the largest capitalization and trade turnover. If some other cryptocurrency will be able to become larger in this area, it will influence overall pricing and situation on cryptomarket.

Bitcoin doesn't control the market because the market moves on demand and also offers, but bitcoin affects market conditions, when bitcoin falls, the altcoin situation is not so good either.

As I observed bitcoin doesnt controlling the market, because no one right now is controlling bitcoin. But it affects the market as bitcoin rise up , any altcoins based unto it are affected, every ris or falls of it, make a big impact on the market, but it does not control it.

Bitcoin doesn't controlling the market, peoples who own much amount of bitcoin are.
I think if some whales of bitcoin unite, they can move the market price to a certain point to their favor and gain profit because of it.

Some times the whales will go to the market and change the course of things there. I think Bitcoin does not really control the market but its value always has a big impact on the market and many people mistakenly believe it controls the market. I believe yes, indeed, the whole market depends on bitcoin now.

I have notice that too every time that bitcoin fall all altcoin also will follow. Thats why i just wondering can bitcoin control crypto. But there are some times that altcoin didnt follow bitcoin. Just like what happen in febuary bitcoin is slowly fall while altcoin is still pumping. Thats the proof that altcoin is not control by bitcoin. I think its depend on the market of each altcoin

Cant say like titile but Bitcoin o dominate the Crypto Market space. Currently  BTC Dominance is 51.3% which is above 50%. Next important key player is Ethereum.

Bitcoin price movements will be used as a benchmark with other cryptocurrency price movements, because controlling market conditions are purely the presence of buyers and sellers while this bitcoin price can only affect other cryptocurrency

for now. i think it's possible . this year the price of bitcoin go down. that reason make people afraid in investing to coin market. ;D ;D ;D

I think Bitcoin is a coin that controls the Cryptocurrency market just a small number. We can see that when the value of Bitcoin is greatly reduced, the other altcoin decreases accordingly. But it is possible that the decline is not affected by Bitcoin, but rather because it bumps into something that causes the value to not increase but also to decrease, such as ETH.

Maybe can, many altcoin have drop price when bitcoin is drop. We can say bitcoin is the king and ave power make all of altcoin price position. When bitcoin on top all of altcoin will be on the top price.

I think you should check a correlation between the BTC rate and the crypto market as a whole, there is always a relation
BTC/alt relation is not going to be that strong

Although bitcoin is the market leader, it doesn't exactly control the market. The market is in fact controlled by the big whales who have majority of supply of bitcoin and other coins.
That is what makes people hesitant about entering this market. If the whales weren't so greedy, we might have seen more people entering the market.

I would say of course bitcoin is controlling the market. The problem is, that they are so less people who own the biggest part of bitcoins. SO there are really people out there and also on this message board, you have so much bitcoin, they cant even pay out everything because it would crash the price. So these people can also controll the whole altcoin market. If they want they can pump any altcoin to the moon.

I think that controlling the price movements of all cryptocurrency including bitcoin depends on the presence of buyers and sellers, if it doesn't exist it seems like it will be very difficult to control the price of bitcoin.

Yes, indeed. Bitcoin is top crypto currency which means it has the most vital aspects on how market move the uptrend and downtrend everyday on trading and also altcoins are dependent on bitcoin's price. So bitcoin really has the over control over the market and most bitcoin holders such whales are really having a good time because even them they can manipulate the market trend.  

Yes bitcoin controls the market but not all, there are some crypto coin that suddenly have a large movement but other coins and bitcoin doesn't. It is the holders and investors who are controlling the market

I don't think so, no one can control bitcoin market. If satoshi (the founder of bitcoin) here I guess he can't control it too

I think my idea is not Bitcoin the market regulator, because bitcoin is used only to convert different currencies, I think people still control the market or big investor. because it's depressed with people's demand.

I agree with you - it doesn't . many factors do but bitcoin is more affected by the market then the one controlling it.

I agree with your opinion, because altcoins have different roles and goals, so that each altcoin has its own target market so that it is independent of bitcoin because they have their own circulation, but, there are so much altcoins that are also determined by bitcoin price, because bitcoin is like god of crypto, if bitcoin market is slowdown, altcoin market will follow it

Maybe it's normal if every coin has a community in it and comes with the advantages of each especially in security breakthroughs. When one of the communities makes a purchase on one coin for example EXC, then the number of requests for EXC coins will increase and certainly only EXC coins will experience an increase in price. Perhaps it has become the stipulation of market law that the rise, and fall of each coin are determined, by supply and demand. So it's clear that the increase in the price of each coin, is not determined by bitcoin.

I think the reason is that altcoins are traded mainly in pair with bitcoin, so when bitcoin price moves, the prices change accordingly

Bitcoin doesn't control the market, but the crypto market depends on bitcoin moves. That's why when bitcoin price goes down, other coins follow bitcoin moves and go down! Bitcoin price moves happen for various reasons! Actually, no one controls the crypto market!

the thought is wrong, Bitcoin does not control the market and causes the price of other cryptocurrencies to depend on it. Bitcoin is like just a price benchmark for example BTC/ETH, BCT/LTC or others and at this time the benchmark price has begun to change, many are based on ETH, USDT, or cryptocurrencies issued by the exchange.
but there is also a crypto coin whose price is strongly influenced by Bitcoin, that is Bitcoin Cash, just pay attention

I would say to a larger degree now, but it may possibly change in the future with new project. But for now, I would say the rest of the market follows Bitcoin's trajectory

Yes it is really the bitcoin who is the king of the cryptocurrency. But as I have observed, it is really the market who controls the bitcoin, and that market is the peple who are at the back of crypto, those are the investors or even the moderators. We are the one incharge to the changes happening in the cryptocurrency market. Or even in the price of bitcoin.

I think bitcoin has a huge impact with regards to the prices of the altcoin because bitcoin is the top traded coin in the world. It is being said that bitcoin is the mother of all other cryptocurrencies then it has a relationship with other altcoins.

Yes, BTC is teh dominant in the Crypto Market.

yes, many people do that bitcoin as currency of money to tolerate other people who not know bitcoin as currency, bitcoin is unfamiliar to other people but many people know bitcoin as possible doing.

In my opinion, Bitcoin has controlled the electronic money market. Bitcoin is the father of all changes. The value of Bitcoin has a big influence on other coins. Now, the value of Bitcoin and forcing all cryptocurrancy coins to fall.

So far as most altcoins depend on bitcoin, I would say bitcoin controls the crypto market. You could realize that, whatever that affect bitcoin directly affect other altcoins. This is true for the fact that, anytime the value of bitcoin fluctuates, other altcoins also follow.

Undoubtedly, there are exceptions and the price of some coins is growing or decreasing regardless of the price of bitcoin, but on the whole it is necessary to recognize that the market situation and the price of most altcoins still depends on bitcoin.

I think somehow bitcoin does control the market. Since it is the biggest crypto out there all other coins are controlled by the greatest power: bitcoin.

yes of course this bitcoin price is very influential on other altcoin prices because this bitcoin price is a reference for all existing cryptocurrency, when the price of bitcoin falls, other cryptocurrency prices will also fall.

 Bitcoin as the first crypto currency will always dominate and dictate the growth or decline of the entire market. Therefore, most of the altos are dependent on bitcoin.

A key factor in the price of any cryptocurrency is its utility. If you cannot use it for something, be it an investment or for payments, then it would have no or little perceived value. In the case of Bitcoin, it is usable for payments on a reasonably high and ever increasing scale.I think that Bitcoin control the market.

Of course yes. Bitcoin is the pioneering currency in the virtual currency market, being the largest denomination in the market. So it affects the Altcoins as a matter of course, which may be less influential or influential. The evidence that prices are independent of each other may be true, as Altcoins are located in different trading floors, but when converted to cash, it will affect each other.

Regardless of this, bitcoin has been officially reigning to this market. Even when Eth was going to replace bitcoin, they were incredibly impressed by the smallest rise or fall. As a result, if the bitcoin rises, the alts rises or the whole market is collapsed.

By history and records we noticed that when bitcoin is dipping all other altcoins will go in the same direction with bitcoins. It the king of all coins and  I
believe that it dictates the price of the other altcoins. Take for instance any time there is an regulation against bitcoins the market sentiments will make the market to react negatively and the price of bitcoin will dip while the other altcoins  though the regulations was not about them will also go down in price. You can observe that once bitcoin raises all of them will rise also.

Yes, I agree with you that the price of altcoin is not determined by the price of bitcoin because they have a different development team but the price fluctuations of Bitcoin have a big impact on the altcoin, not only because it is the main currency for most Altcoins but also because it's the backbone of the whole cryptocurrency world, every news that the effect of Bitcoin whether it is good or bad will affect the altcoin.

Maybe in some instance, the prices of altcoins may be dependent on either Ethereum or Bitcoin because it was intended to be set into a value equal to those. So when the price sinks or rises, the price value also do. In some instance on the other hand, the uniqueness of the price came as a reaction of the buyers and sellers of the set value based on the movement of Bitcoin or Ethereum to purchase a distint token in the market so both perception are correct depending upon how you interpret it manually. It is just a technicality on comparing different cryptocurrencies.

I think the right statement is bitcoin is not controlling the market but bitcoin affects the market with prices. wherever the market is available it is an exchange that can be done with bitcoin, so I think bitcoin continues to influence the market.

Bitcoin is one of the pioneers in the crypto world, and is it the one of the main reason why it became popular and many people tried it and earn from it. Bitcoin is not controlling the market but it affects the market, when the price becomes high or low, some of the altcoins are connected to bitcoin, exchanges are always converted into bitcoin.

Have a look at coinmarketcap now and see where Bitcoin is standing. and market capitalization like? And now the whole of the crypto market has turned red. Because Bitcoin is down which shows the importance and mission of Bitcoin. Bitcoin is a pioneer and the only driver for the Altcoins to develop inadvertently it controls and controls the market.

Of course. If you follow chart you saw that when bitcoin rate is down then the whole market are down and when bitcoin will pump the whole market will pump. It is understood bitcoin control the market.

Am of the opinion that bitcoin controls the market,the reason being that almost all altcoins are paired with bitcoin on different exchanges . That is why most times when the price of bitcoin comes down,other cryptocurrencies too follow suit . Bitcoin happens to be a  pioneer and the only driver for the Altcoins and it will continue like this except something is done about it. If you have been observing the market closely any time it is green just know that the price of bitcoin have gone up and once bitcoin price comes down,the whole market goes red too. This shows us that of a truth,bitcoin controls the market.

I believe bitcoin  has a great influence on the crypto market but I dont think bitcoin is the so determinant of  the whole market. I believe the prices of the various digital currency depends on many factors not only on bitcoin.

Bitcoin doesn't necessarily control the market but we can't ignore its effect on the movement of other coins. I have noted time without number that majority of coins fall when is falling while some rise when bitcoin is falling and vice versa.

I don't think bitcoin can control the market. Bitcoin has a huge effect on the price of other crypto only because bitcoin is like the basis or a barometer. On the price of other cryptos.

Of course bitcoin has to do with it. The main reason why there are altcoins is because of bitcoin. If you don't agree with that, then how would you explain when bitcoin goes down the altcoins follow? I mean there is a domino effect it's because bitcoin have a connection with them. Overall bitcoin control the market price movement. If bitcoin will fall then how would they trust those token that imitate btc?

In my opinion yes, bitcoin does control the market because it's the strongest coin out there, the whole cryptocurrency market goes around what bitcoin does, at the moment this is how it works.

To me I will say Yes because looking at the markets, whenever BTC rises all other altcoins too rises on the market and I think this might be because BTC was the first coin also its pair with those coins on the exchanges.

yes maybe the exchange activity does affect the price of bitcoin, but it does not fully affect. I think the most influential for bitcoin is investors. if investors buy a lot of bitcoin, then maybe prices will increase, but if investors sell a lot, then the price of bitcoin will drop dramatically ..

The market in one way or the other to me is controlled by BTC and thats how I see it. This is because whenever there is a small increase in BTC we can clearly see that some altcoins also try to increase in their price which makes me think that BTC controls the market. 

because most of the altcoins prices are computed in the bitcoin price and we can easily see a dumps of alcoins price once the bitcoin price started to fall but a pumps in any alcoin will not affect the bitcoin price. Indeed, if the price of bitcoin will hit again at the all time high then we can expect a rise of the alcoins prices.

Bitcoin does not really the one who controls the crypto market but rather just one of the factors that can affect the price of the cryptocurrencies. Because if we really look at the CoinMarketCap, there are some crypto coins who have a good flow even if the price of bitcoin drops.

So far, the cryptocurrency market has become an aspect of the financial market or the real economy. Everyone knows the crypto market thanks to the bitcoin, and the rise of the btc up and down affects the market. More Bitcoin futures appear on Wall Street, and many see this as an important step in turning the hottest coin into a major asset and opening up the way for investors. Participating in the digital money market.

There's possibility that Bitcoin can control the market because everytime the Bitcoin price increase Altcoin follow it, so it do the same when its goes down. Bitcoin have partial control but not totally because the one the have huge control of the market are the investors who have holding a big share of cryptocurrency especially Bitcoin. So I think Bitcoin will never be replace by any crypto because it has a lot changing we might encounter if there's a coin beat it.

Of course, at the moment the dominance of the bitcoin is more than 51%. BTC is the biggest actor in this market. The price action of all altcoins is depended on BTC. BTC is not directly controlling the market of course, but effect directly the market.

I think. It not. Market is controller the all project business. So market place is choose the price up and down. People check the market price. Then people will be invest. It changes the price any time. People will be check the price day by day then invest. So market price is important of the all country business.

Yes ofcourse it controls the market. Look at the market cap, look at the dominance.. It is falled down like %3 from last  2 months but it is still %52 dominance for the Bitcoin. If something bad happens to the bitcoin, i think all the markets falls and that big crush would erase everything. So bitcoin is the something else that the all altcoins..

Yes, for now, you could say that bitcoin controls at least 50% of the whole cryptocurrency market.. Being the first and most popular coin makes it a more trust worthy one and all other coins are highly dependent on the bitcoin progress.

Basically, the decline or increase in altcoin prices is influenced by market demand and availability. but I think bitcoin contributes to giving a little influence on the price of altcoins on the exchange market at certain times.

I also think that if bitcoin is weakens, why should a lot of coins follow it? Others should not have to follow the bitcoin movement, resulting in a weak bitcoin market that is not as good as other coins not following the market so that the market will be crowded and passionate.

I still hold the opinion that other cryptocurrencies depend on bitcoin. Yes, there is no obvious connection, but bitcoin is the main currency, and if it falls, then it affects altcoins to some extent.

we must know that half the role of bitcoin does indeed control the market. because the market is one of the sources that can manage bitcoin to go up and down. so we don't need to be surprised if the market situation and bitcoin are both up and down.

Yes, Bitcoin is controlling the digital market where all are directly or indirectly depends on Bitcoin. Bitcoin is the world's first crypto currency. There are many currency now and all re made after Bitcoin and also by following this. If Bitcoin price pump then other currencies also pump automatically.

Bitcoin is one of the coins that controls the market because its being used by people for both trading and exchanges on the markets. I think it controls the market because whenever there is an increase in the price of BTC altcoins too tend to increase in price.

Each crypto coin has a different market and community. We will be able to see it when one community buys coins which they like, of course there will be an increase in demand and a price increase in coins which they buy, and this will not affect any other coins including bitcoin as the first crypto.

I think bitcoin is controlling the market. Bitcoin is having a big impact on the rest of the coin. When the bitcoin price increases it will be accompanied by other coin increments. When bitcoin decreases, it will cause the market to plummet.

I agree, indeed the existence of bitcoin is very influential on the market. because in the market all developments are well underway, even though until now the market situation is also not good, but the market has tried, to develop the market.

   Not the Crypto or ALT coins control the market, it is the growing investors globally, not to mention the volume of investment put in into the Crypto Market. one should note that, Market is Volatile, anything can happen at the trading market, price value may goes up and goes down, it is unpredictable.