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Author Topic: Bitcoin and altcoin: Who will take control of the market?  (Read 6933 times)
yvuj101
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July 08, 2018, 03:32:58 AM
 #861

Most of altcoins' prices are generally affected by a change in bitcoin's price. That's a fact since all are paired with bitcoin in exchanges. While for some that continued to rise during a fall in bitcoin, they simply have showed improvements/developments in their projects such that many investors are attracted. But this doesnt mean bitcoin will be outruled by altcoins. Just wait for a massive pump in bitcoin and you will see its dominance.

Bitcion price is the over all controller of cryptocurrencies and so Altcoins follows but they have different methods of promotion in such a ways Altcoin also brings to the market with more population and becomes a fast running in crypto world.
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Blackwhite69
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July 08, 2018, 03:38:39 AM
 #862

Some will say that those "Whales" are the one who controlling the stability of the market. But I don't think so, they just have a big impact on the value of the market because they invested a lot of money but they did not totally take control of it.

They may be just some of all those who invest a large amount and make a price change if they make a withdrawal or sale transaction. Maybe so.
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July 08, 2018, 03:42:33 AM
 #863

I believe that on all kriptornke, liquid only bitcoin. Altcoins both grow and fall quickly. In the future there will be only bitcoin and a couple of crypto-currencies. Yes, altkoins are good, but only a few will remain, as the future behind bitcoin and StableCoins.

Bitcoin driving position is by all accounts far from being obviously true as Altcoins have recorded a more grounded rise as of late and the market is less influenced by Bitcoin. Rather than following the general value pattern of bitcoin, numerous digital forms of money likewise begin to take after their own particular manner.
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July 08, 2018, 03:54:46 AM
 #864

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.




As a bitcoin worker of course for me bitcoin will take control of the market. We all know that bitcoin is so popular now actually there is also a government employees that is investing here. We wish that bitcoin can control it so that we can get a big profit.
justapache
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July 08, 2018, 05:05:12 AM
 #865

Some will say that those "Whales" are the one who controlling the stability of the market. But I don't think so, they just have a big impact on the value of the market because they invested a lot of money but they did not totally take control of it.

They may be just some of all those who invest a large amount and make a price change if they make a withdrawal or sale transaction. Maybe so.
They are the one who owning a lot of coins and they could sell whatever price they want, but cause of that lead to the shortage of coins on the market and the price will be pushed up.
C0ld_Zero
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July 08, 2018, 05:19:27 AM
 #866

The Blue Whales, they can control this market, they have a lot of money. We are just a fish. Sad
Earl Ragnaar
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July 08, 2018, 08:52:44 PM
 #867

In my point of view Exchanging with Altcoins require substantially more care. Oversights in exchanging with Bitcoins and Altcoins can influence you to lose your profitable venture at a brief span. Almost certainly that any sort of venture requires all consideration, devotion and incredible concentration that causes you maintain a strategic distance from botches.
And besides, Bitcoin and Altcoin exchanging isn't cut for everybody. Here are a few hints that will enable you to know whether it will work for you and how to do it effectively. Bitcoin driving position is by all accounts doubtable as Altcoins have recorded a more grounded rise as of late and the market is less influenced by Bitcoin.
LinkinPrak
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July 08, 2018, 09:01:31 PM
 #868

Both, bitcoin and altcoin, have control over the crypto currency market. Both of them affect each other. When one of the coins has a good name then the trust of other coins also get the good influence. However, when one of the coins falls then the impact is also felt by all the coins. All coins will receive an impact that is the lack of public confidence. Therefore, the two coins should not drop each other and not share bad news. The impact of the ugliness we will feel together. You should always act positively so that the positivity comes back to you again.
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July 08, 2018, 09:15:54 PM
 #869

The crypto market is controlled by the Bitcoin network. It has proved already. Sometimes altcoin showed up a good pump but without bitcoin altcoi9ns are nothing.  If bitcoin price can't up then altcoin will be decreasing. The crypto value, the fame it's' all about bitcoin. and it will remain the same after a decade. So, the answer is Bitcoin is controlling the total crypto market I mean the altcoin market too.

Ryshelrayne
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July 08, 2018, 09:20:23 PM
 #870

Bitcoin will always be the king. But if you want to multiply your bitcoin. In an uptrend buy altcoins because they increase faster and on downtrend sell back to bitcoin or tether because altcoins drop faster
velereumyos
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July 08, 2018, 09:43:33 PM
 #871

I think it's just the influence of the supply and demand system, the market is affecting the price, so no one really controls the price here
megynacuna
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July 09, 2018, 01:53:49 PM
 #872

I don't think there is a single  altcoin or a combination of all altcoins at this time that can overtake bitcoin for the control of the crypto-currency market because there are a lot of people who have invested in bitcoin more than any other altcoin or a combination of all.
West0813
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July 09, 2018, 01:58:00 PM
 #873

Bitcoin is dominating the market at the present. But i think in the future there will be one altcoin that will take control the market. And i think that ethereum will dominate the future.

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July 09, 2018, 02:05:36 PM
 #874

bitcoin will in any case be the lord of all altcoin, and altcoin won't control the settled bitcoin advertise cost of the altcoin benchmark, simply take a gander at the markecap when the bitcoin value drops all altcoin will take after the bitcoin that value drops, so still the bitcoin that controls the value showcase.
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July 09, 2018, 02:08:29 PM
 #875

The leading position of the bitcoin is still unchallenged and very clear. Most altcoins trade on the blockchain and this affects their true worth in that when the bitcoin takes a tanking or fall it creates a domino effect on the rest of the coins. If the altcoins will ever see true dominance then they must learn to build their own ledger.

alex_gr_cc
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July 09, 2018, 02:09:13 PM
 #876

Bitcoin is digital gold. Altcoins are a different businesses. Each altcoin has its own purpose. At the moment, the market is very manipulative. In addition, it is only the beginning of the era of cryptocurrency and blockchain. Because of this, so many speculations. Soon everything will change and every cryptocurrency will fulfill its role.

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July 09, 2018, 07:45:48 PM
 #877

All the same, the market will remain behind the bitcoin. There may be times when altcoyins will be more popular, but for a short time, depending on the good news. But the long term perspective is bitcoin.
princebridge7
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July 10, 2018, 04:57:06 AM
 #878

for the time now Altcoins remain dependent on Bitcoin and experiencing the same thing when Bitcoin down the price then Altcoins is the same and when Bitcoin start to green then Altcoins also come green.

so no word for Altcoins can dominate Bitcoin, because Bitcoin itself is the parent of all cryptocurrencies.
ParveZ219
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July 10, 2018, 05:05:19 AM
 #879

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.

First of I want to say that bitcoin and altcoin both are part of this market and people sometimes trade between  bitcoin and altcoin now if you are saying about the value that who will lead then no body knows the future so we just need to wait and watch nothing else.
Sofiyah
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July 10, 2018, 05:09:15 AM
 #880

I think it's still the bitcoin that can control the market price. see, every bitcoin price drops, altcoin price also goes down. when bitcoin prices rise, altcoin prices also rise. it already shows if bitcoin can control the market. but do not know if there are others who can also control the market price.
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