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Author Topic: Bitcoin and altcoin: Who will take control of the market?  (Read 6933 times)
Biscutard
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July 21, 2018, 09:15:21 PM
 #1021

In times of volatility and uncertainty, investors tend to favor one particular crypto that has high liquidity and is stable. At the current time, Bitcoin price trend still dominates the market trend.

However, Bitcoin leading position seems to be doubtable as Altcoins have recorded a stronger rise recently and the market is less affected by Bitcoin. Instead of following the general price trend of bitcoin, many cryptocurrencies also start to follow their own “trajectory”.

This week, the altcoin works much better than both Bitcoin and Ethereum. The added value of the ERC20 tokens and the increasing demand for small cryptocurrencies of investors in the global market has proved that Crypto investors are more confident in betting their money on this market.

Saxo Investment Bank from Danish, with its aim to focus on online trading and investment, has announced in a recent report that the capital inflows from organizations to the Crypto market will lead to a rise in prices for most of these currencies.

It seems like alternative cryptocurrencies are taking more advantage in recent days but I can say that bitcoin will stay on the top for many years from now because it is still Powerful, and it is still the best one among all.
If bitcoin change most altcoins would reacts to the market and that is how the altcoins are moving by always following the lead of ETH and BTC. And obviously BTC will always take the lead in the market followed by ETH and the other altcoins.
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July 21, 2018, 09:25:14 PM
 #1022

Bitcoin has always been the most important coin of the entire market, and that is how it all will continue until cryptos are over, so there is no need to start speculating about all this matter, because it is obvious after all
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July 21, 2018, 09:52:57 PM
 #1023

Btc still maintain its strong dominance in the market even in this bear market, I know very well that altcoin is pulling weight in the market but don't see altcoin overtaking bitcoin dominance in the near future.
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July 21, 2018, 10:03:34 PM
 #1024

As we all know  Bitcoin is leader in the market and still stood on top,Bitcoin controlling the whole crypto market. Bitcoin popularity increasing and most of countries accept Bitcoin as a currency which lead the Bitcoin on top. Altcoins also struggling and will take time to overcome the Bitcoin,There are many altcoins with massive potential and in future will give competition to the Bitcoin.

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July 21, 2018, 10:51:28 PM
 #1025

As we all know  Bitcoin is leader in the market and still stood on top,Bitcoin controlling the whole crypto market. Bitcoin popularity increasing and most of countries accept Bitcoin as a currency which lead the Bitcoin on top. Altcoins also struggling and will take time to overcome the Bitcoin,There are many altcoins with massive potential and in future will give competition to the Bitcoin.
All of the cryptocurrency's values and prices are depended on Bitcoin's price. Bitcoin is the only cryptocurrency that is controlling the market. If the bitcoin experiencing downfall in the market, I will sure that altcoins also experiencing the same issues and situation. But there are cryptocurrencies that are not depended on bitcoin and maybe they are shitcoins. These shitcoins are not legitimate and maybe they have no value in the market. Indeed, Legitimate cryptos depended in Bitcoin but i'm not saying that all cryptos that are depending on bitcoin are legit and good.

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July 21, 2018, 10:53:47 PM
 #1026

In times of volatility and uncertainty, investors tend to favor one particular crypto that has high liquidity and is stable. At the current time, Bitcoin price trend still dominates the market trend.

However, Bitcoin leading position seems to be doubtable as Altcoins have recorded a stronger rise recently and the market is less affected by Bitcoin. Instead of following the general price trend of bitcoin, many cryptocurrencies also start to follow their own “trajectory”.

This week, the altcoin works much better than both Bitcoin and Ethereum. The added value of the ERC20 tokens and the increasing demand for small cryptocurrencies of investors in the global market has proved that Crypto investors are more confident in betting their money on this market.

Saxo Investment Bank from Danish, with its aim to focus on online trading and investment, has announced in a recent report that the capital inflows from organizations to the Crypto market will lead to a rise in prices for most of these currencies.


Every week, and even everyday, the market changes that it is hard to predict which one is gaining and losing in the long run because most of them are growing and engaging in any other industries. This growth will soon be reflected in our society and we will just see that the cryptocurrencies are slowly making progress in making the economy better. I hope that all of them will succeed in improving our economy until the end.
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July 21, 2018, 11:07:08 PM
 #1027

Btc still maintain its strong dominance in the market even in this bear market, I know very well that altcoin is pulling weight in the market but don't see altcoin overtaking bitcoin dominance in the near future.
I believe that no coin will be able to overcome the bitcoin, you can see that bitcoin is the most important and essential means for you to trade and trade altcoin, so bitcoin plays a very important role. important in the crypto market. In addition, bitcoins are particularly important in the bear market, with only a small fluctuation of the bitcoin price that can cause the market to adjust.
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July 21, 2018, 11:11:33 PM
 #1028

Bitcoin is the king of crypto,  of course bitcoin will be able to control the market. The price of bitcoin is too far compared to altcoins so it is very clear that btc will take control the market.

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July 21, 2018, 11:15:26 PM
 #1029

Bitcoin is the king of crypto,  of course bitcoin will be able to control the market. The price of bitcoin is too far compared to altcoins so it is very clear that btc will take control the market.
Yes bitcoin is the king of crypto and I agree that bitcoin will take control of the market instead of altcoin. I think the price of other coins are dependent on the ups and down of bitcoin.

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July 21, 2018, 11:49:21 PM
 #1030

Bitcoin is the king of crypto,  of course bitcoin will be able to control the market. The price of bitcoin is too far compared to altcoins so it is very clear that btc will take control the market.
Yes bitcoin is the king of crypto and I agree that bitcoin will take control of the market instead of altcoin. I think the price of other coins are dependent on the ups and down of bitcoin.

That is the main reason why btc is the king of all crytocurrency and it is controlling the market because everyone is believing in btc and no other coin is so reliable. But for trading you can take ETH and other coins which are good to trade

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July 21, 2018, 11:55:21 PM
 #1031

I thought it was bitcoin. But that's just my opinion because most people who know altcoins are already familiar with bitcoin. So I think bitcoin controls the market. Altcoins also can actually control the market. But I do not see it completely. I only see it in bitcoin and altcoins tend to follow the movement of bitcoin. So bitcoin is controlling the market. That's just my opinion.
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July 22, 2018, 03:29:47 AM
 #1032

I thought it was bitcoin. But that's just my opinion because most people who know altcoins are already familiar with bitcoin. So I think bitcoin controls the market. Altcoins also can actually control the market. But I do not see it completely. I only see it in bitcoin and altcoins tend to follow the movement of bitcoin. So bitcoin is controlling the market. That's just my opinion.
Bitcoin is more likely the king of cryptocurrency so it will control mostly all the altcoins, usually the price of Bitcoin and Altcoin are opposite , If Bitcoin is up , altcoin's price will be down .
And rarely, when Bitcoin is down , every Altcoin is down also, that means the market is being swallowed by whales and sharks.
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July 22, 2018, 03:33:21 AM
 #1033

Since launching this new market, Bitcoin has grown to the forefront of the day, as marketers are Bitcoin because they all depend on or depend on Bitcoin technology or spectrum levels. Their conversion for them to survive or have more people will accept their money.
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July 22, 2018, 03:40:00 AM
 #1034

For now Bitcoin, but in future as blockchain technology develops we might see other altcoin taking control of market.

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July 22, 2018, 01:38:33 PM
 #1035

As you can see the most awarding part when selling altcoins is the bull season that moment we gain alot coz bitcoin is at all time high and alts as well.
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July 22, 2018, 01:48:10 PM
 #1036

Market controllers are all that follow bitcoin or altcoin and corporate voters. Because it is related to cooperation and economy. Controlling the market is in need of cooperation from all parties in order to keep the market price up and not down. This must be done with hard work and cooperation from various fields.
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July 22, 2018, 01:50:31 PM
 #1037

In times of volatility and uncertainty, investors tend to favor one particular crypto that has high liquidity and is stable. At the current time, Bitcoin price trend still dominates the market trend.

However, Bitcoin leading position seems to be doubtable as Altcoins have recorded a stronger rise recently and the market is less affected by Bitcoin. Instead of following the general price trend of bitcoin, many cryptocurrencies also start to follow their own “trajectory”.

This week, the altcoin works much better than both Bitcoin and Ethereum. The added value of the ERC20 tokens and the increasing demand for small cryptocurrencies of investors in the global market has proved that Crypto investors are more confident in betting their money on this market.

Saxo Investment Bank from Danish, with its aim to focus on online trading and investment, has announced in a recent report that the capital inflows from organizations to the Crypto market will lead to a rise in prices for most of these currencies.

Market controllers are for the most part that take after bitcoin or altcoin and corporate voters. Since it is identified with participation and economy. Controlling the market need collaboration from all gatherings with a specific end goal to keep the market cost up and not down. This must be finished with diligent work and collaboration from different fields.
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July 23, 2018, 01:29:42 AM
 #1038

Bitcoin has been in control of the market since its inception and it appears that no alt coin can displace it from the first position. This is evidenced through the comparison of the market capitalization of Bitcoin and the other coins.

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July 23, 2018, 01:44:40 AM
 #1039

I agree with your assessment some coins shows resiliency even though the market is in Bearish I guess it's all about what those coins can bring in the community, some coins just rely on the strength of bitcoin and ethereum while the other so-called good coin can manage on its own.

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July 23, 2018, 01:45:48 AM
 #1040

Bitcoin will dependably control the market. Tailing him, different altcoins fall or develop. What's more, most altcoins offer no advantage over Bitcoin by any stretch of the imagination. Other than the ETH. In spite of this, some altcoins can give a vast development of 100-1000%, dissimilar to bitcoin. Along these lines, with the assistance of altcoins, it is conceivable to build the quantity of bitcoins. At the point when there is bitcoin in your satchel, you will be quiet for tomorrow.
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