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Author Topic: Will bitcoin always be the king controlling the crypto market  (Read 397 times)
krimzon1321$$ (OP)
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January 20, 2018, 08:59:41 AM
 #1

As most have seen when bitcoin drops most alts drop too.
Most alts are measured in value against bitcoin value not fiat.

Will bitcoin always be the king on the cryptos?

If not how would alts become valued without bitcoin price.

hopefully that makes sense.
Conquerogue32
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January 20, 2018, 09:01:32 AM
 #2

I don't think Bitcoin will remain to be at the top especially with it's current issues with congestion and fees as a result. Once another coin is marketed and used more frequently as a means of microtransactions, I think that Bitcoin will no longer be in the spot light.
marcuslong
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January 20, 2018, 09:05:50 AM
 #3

As most have seen when bitcoin drops most alts drop too.
Most alts are measured in value against bitcoin value not fiat.

Will bitcoin always be the king on the cryptos?

If not how would alts become valued without bitcoin price.

hopefully that makes sense.

Well, In my opinion, I think that Bitcoin will not remain as the King in the world of Cryptocurrency.Well, I already know that this year 2018, Other cryptocurrency will accepted as legal and legitimate cryptocurrency and can used in making many transaction and can exchange into fiats, which bitcoin has. Based on volatility and price, I think that Bitcoin will still the king and let us observe what will happen this year.
erickkyut
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January 20, 2018, 09:11:02 AM
 #4

As for now, Bitcoin is still the king because all altcoins and ICOs can be bought only by Bitcoin and Etehreum (there are some that can be bought with other crypto currencies). But if they cannot resolve the problem with Bitcoin such as the transaction fees and the waiting time for the transactions to be completed, altcoins might overcome Bitcoin in the future.
Chyton
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January 20, 2018, 09:13:38 AM
 #5

I don't think so. As of writing, Bitcoin dominance is about 34% which is not that big anymore. Bitcoin dominance was about 70% a couple years back. Maybe in couple decade we may see Bitcoin dominance to drop to 10-15%. Altcoin is going to control crypto market in near future.

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GraciousBanshee47
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January 20, 2018, 09:15:04 AM
 #6

I don't think Bitcoin will remain to be at the top especially with it's current issues with congestion and fees as a result. Once another coin is marketed and used more frequently as a means of microtransactions, I think that Bitcoin will no longer be in the spot light.


This I totally agree with. Actually I don't move my Bitcoins around as much as I used to because of the exact reason stated above. Once a new and more convenient mode of payment comes along, I will not hesitate to try it.
Ciscopro2000
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January 20, 2018, 09:21:45 AM
 #7

For the near future, without a doubt Bitcoin will still be the king.  It currently has the name recognition and is constantly in the news.  Certainly something else can come along that offers a better solution on how we transact money and dethrone it.  But for now, Bitcoin is the king.  
Lemer
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January 20, 2018, 09:26:11 AM
 #8

I personally feel that bitcoin has always been the king of the whole cryptocurrency. If bitcoin loses its value, then the other altcoin will be completely worthless for BTC.
If the value of bitcoin is surpassed by others, then the entire cryptocurrency market will not only fail to prosper, but may collapse.

hassan.shakeel.rajpoot
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January 20, 2018, 09:27:24 AM
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 #9

As most have seen when bitcoin drops most alts drop too.
Most alts are measured in value against bitcoin value not fiat.

Will bitcoin always be the king on the cryptos?

If not how would alts become valued without bitcoin price.

hopefully that makes sense.
Bitcoin will remain king of all crypto currencies unless other currencies do their best to rival BTC and introduce better services and durability than BTC. Many altcoins arre trying their best but I don't think that any alt coin can rival BTC anytime soon.
bitcoinKnight809
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January 20, 2018, 09:28:00 AM
 #10

I somewhat disagree with the notion that Bitcoin will always be king and alt coins depend on Bitcoin to survive.. Alt coins are slowly closing in on the gap and will gradually overtake Bitcoin. Therefore, there will be no sudden take overs but a slow and painful one.
lampukoe lumo
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January 20, 2018, 09:33:10 AM
 #11

I don’t sependapat so, bitcoin was impossible to be the king of the money kripto, perhaps bitcoin only will be the king 5 years in the future, after it might be appeared currencies kripto will get rid of bitcoin and the kripto will be the king of the money kripto next.
Cgrbb
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January 20, 2018, 09:37:34 AM
 #12

Probably yes is the answer. It will be like the coke. Eth is the pepsi Grin
xiaohao111
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January 20, 2018, 10:19:00 AM
 #13

I think the status of bitcoin in all COINS will not change.
When the recent slump in the currency, all other COINS fell, and when the currency begins to rise, after other COINS also follow up, it's enough to see the status of the currency, is the king of password controls all the market
krimzon1321$$ (OP)
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January 20, 2018, 10:51:44 AM
 #14

Thanks for all the responses. Great to hear the different thoughts and opinions
avikz
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January 20, 2018, 10:56:43 AM
 #15

As most have seen when bitcoin drops most alts drop too.
Most alts are measured in value against bitcoin value not fiat.

Will bitcoin always be the king on the cryptos?

If not how would alts become valued without bitcoin price.

hopefully that makes sense.

Bitcoin is the king because it is the pioneer in crypto market. Blockchain technology came in to existance with bitcoin and majority of the people entered in to crypto market with bitcoin only. That is the reason why it is currently the king and number one currency in the market, even though we have a lot of technically superior currencies in the market.

However, I strongly believe that bitcoin can certainly be dethroned by an worthy competitor in future. Once all the bitcoins are mined, some other crypto currency will come to a number one position. Also the bitcoin network is currently facing a massive scaling issue which needs to be resolved. If the things move as it is now, bitcoin may well loose its popularity and fall from the current position. So anything can happen. Alts can be valued in USD as well, bitcoin is not required here.

liuqi
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January 20, 2018, 11:13:04 AM
 #16

As most have seen when bitcoin drops most alts drop too.
Most alts are measured in value against bitcoin value not fiat.

Will bitcoin always be the king on the cryptos?

If not how would alts become valued without bitcoin price.

hopefully that makes sense.
obliviously Bitcoin is the king of cryptocurrency in current scenario. In future whatever happens in the market. Because many altcoins are created in every year for example ripple is suddenly reach a second position in market capitalisation then it was move to third. So future is unpredictable in crypto market. Know Bitcoin is rule the crypto market. Most of the altcoins depends on the Bitcoin value. So Bitcoin is ruling the cryptocurrency.

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lifengpu
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January 20, 2018, 11:19:27 AM
 #17

 the near future, no one will drive him off the throne since he is the most popular and strong of coins and what will happen in 5-10 years is difficult to foresee
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January 20, 2018, 11:24:00 AM
 #18

yes, as long as there are still many people who invest in bitcoin, many of its users, volume and spreading are still high, and bitcoin stock is still there, then bitcoin will always to be kripto king which altcoin up or down.
 altcoin that has good price is an altcoin that is stable when bitcoin prices down.
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January 20, 2018, 11:27:42 AM
 #19

It will always its place in crypto market, maybe some other cryptos will become stronger then now, an will not be controlled by bitcoin, but bitcoin will keep its importance its for sure.
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January 20, 2018, 11:31:10 AM
 #20

ПPO pипл, мoжeт ктo нибyдь cкaзaть? cпacибo))
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