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Author Topic: Bitcoin and altcoin: Who will take control of the market?  (Read 6927 times)
natasharul69
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July 19, 2018, 01:43:45 PM
 #961

My opinion is that altcoins are still dependent with Bitcoin. We can prove that by looking at the most recent bearish market. Bitcoin's price is also dragging down the altcoin market. Altcoins are still growing and maybe in the near future, there is a huge possibility that they will take control of the market. For now, I can conclude that Bitcoin is still on top.
[I agree-bitcoin is still ahead and I hope it will always be so!]
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According to NIST and ECRYPT II, the cryptographic algorithms used in Bitcoin are expected to be strong until at least 2030. (After that, it will not be too difficult to transition to different algorithms.)
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shainasaz
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July 19, 2018, 02:12:34 PM
 #962

To be truly honest both of them are very useful because we can benefits in using it the way of earning but if i will be given to choose a better one i will choose bitcoin as usual than altcoins because in the first place it is very popular all over the world so that's why many investors will invest it and it will take control of the market.

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July 19, 2018, 02:34:29 PM
 #963

Of course Bitcoin is what that gave rise to the other cryptocurrencies so it still the boss currency in the crypto space

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Konthol Ngaceng
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July 19, 2018, 02:42:17 PM
 #964

Currently marketcap bitcoin about 37%, whereas last year marketcap more than 50%, this proves that altcoins also have the potential to beat bitcoin, and if we note then some coins rise rapidly ie ethereum and EOS.
noorammak
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July 19, 2018, 03:23:01 PM
 #965

All ICOs are in the process of using BTC, ETH as a means of payment. Atlcoin developers are also based on BTC. I do not think Atlcoin can grow on its own. You can see when all the Atlcoin on the floor can not keep their prices as during the pre-sale. I do not agree with you about the evidence you give.

Bruce1614
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July 19, 2018, 03:33:52 PM
 #966

Altcoins are absolutely reliant on bitcoin for their esteem. So in no way,they could take control over the market.Also altcoins are very unstable and I trust that nobody puts resources into it on a long haul premise. Marketcap of altcoins absolutely may be greater than bitcoin's, however its not only a few altcoins and many altcoins together add to such a greater market top.
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July 19, 2018, 03:39:55 PM
 #967

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.

Offchurch bitcoin will be lead the market
saruxanyan
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July 19, 2018, 03:54:47 PM
 #968

Now the market is very young, bitcoin has taken its leading place in the crypt market! I think that soon the crypto market will change very much! must appear very serious rivals in bitcoin! which will take a worthy place in the top five on capitalization!
Gandam23
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July 19, 2018, 03:58:05 PM
 #969

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.

There is no other than bitcoin which can lead and control the market. First, bitcoin is the first coin and the standard coin of all currency so I think it serves  as the guidance of other coin in market. Bitcoin is better compare to altcoin which has a very unstable value. And also, without bitcoin maybe the cryptocurrency will be 'idea' to others.
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July 19, 2018, 03:58:30 PM
 #970

I believe that regardless of the technology, there are various investors who see their benefit in the form of X5 or X10 from the ICO price they bought. So I choose, checked the coins and not get involved in these fraudulent ICO. There are a lot of companies that close their production and bounty company.

Halk
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July 19, 2018, 03:58:59 PM
 #971

My opinion is that altcoins are usually just a big market, but for the most part bitcoin is a bridge between them. The atkoins still depend on Bitcoin. We can prove this by looking at the latest bear market. Typically, if you want to buy altcoyins, you need to buy bitcoyne, and then use this bitcoyne to buy altcoyins. It's hard to find places to buy altcoyins straight. I believe that this is what makes bitcoin and etherium in particular so great from the point of view of all other altcoins. While there is a system for buying altcoyins using bitcoins and etherium, it is highly unlikely that altcoins will outperform bitcoins.
Chacha1000
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July 19, 2018, 04:02:09 PM
 #972

Bitcoin will surely take control of the market ,both bitcoin and ethereum . This is because bitcoin is paired in almost all altcoins in the exchanges
dutchkay
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July 19, 2018, 06:01:09 PM
 #973

Bitcoin is the king as always the king. Many people have said and I keep hearing it. Being the first cryptocurrency it's dominating the market quite well and still very good at it. I really don't see any Altcoin beating it from the title very soon. But if Altcoins can be not dependable on Bitcoin then it's power will be ripped off. But the question is which Altcoin can pull it off and is it even possible?
vqscyxuo
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July 19, 2018, 06:51:57 PM
 #974

Altcoin will not control the market. These coins only follow bitcoin. You don't have to worry about the position of bitcoin in encryption.
online73
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July 19, 2018, 09:12:11 PM
 #975

Hello everybody. I think it will not change much, - as was the leader Bitcoin, it will be. After all, in order to buy altcoin, you need to have Bitcoin, hence the crazy demand for Bitcoin, not to mention the fact that more and more are being invested in digital gold every year.
Magic Sarap
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July 19, 2018, 11:43:27 PM
 #976

Bitcoin is the king as always the king. Many people have said and I keep hearing it. Being the first cryptocurrency it's dominating the market quite well and still very good at it. I really don't see any Altcoin beating it from the title very soon. But if Altcoins can be not dependable on Bitcoin then it's power will be ripped off. But the question is which Altcoin can pull it off and is it even possible?
Bitcoin has more value it the market so would say it will take control in the market. Altcoin will ever be the 2nd coin follwing bitcoin which is the king. But we cannot predict he future, maybe there are some coins will be born and it might surpass the two coins that are making history right now.

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Gargo
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July 19, 2018, 11:46:05 PM
 #977

Bitcoin all the time has control on the market and I don't know, what must happen to be other. Altcoin has to small power to control the market.
android17
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July 19, 2018, 11:51:10 PM
Merited by Wintersoldier (2)
 #978

Bitcoin is the king as always the king. Many people have said and I keep hearing it. Being the first cryptocurrency it's dominating the market quite well and still very good at it. I really don't see any Altcoin beating it from the title very soon. But if Altcoins can be not dependable on Bitcoin then it's power will be ripped off. But the question is which Altcoin can pull it off and is it even possible?
The king of cryptocurremcy will always take the control in the market and that is Bitcoin, Altcoin will never surpass bitcoin and will be always in 2nd place. But we dont know what gonna happen in the future, maybe there are some coins will be rise and it might overcome the altcoin and if possible the bitcoin.

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btcCoincart
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July 19, 2018, 11:55:04 PM
 #979

If there is no bitcoin then there will be no altcoins. But we have to admit that each coin or token on market plays a important role to contribute to the market up to now. I think you can't compare them in this way
jannatakter
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July 20, 2018, 11:10:24 AM
 #980

I think bitcoin has all the time control on the market and altcoin has to small power to control the market.
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