Bitcoin and altcoin: Who will take control of the market?

[CryptoSmile]

Until now bitcoin is still in control of the market, but I'm not sure that bitcoin will forever control the market. Now I see bitcoin price movements very slowly, there are actually some coins that I see the price movements start fast. One of them is altcoin, for that I predicts that there is a possibility in the future altcoin will be able to control the market and beat bitcoin.

[godrey123]

these is an interesting topuc to discuss with people here in the forum. For now bitcoin is literely on the top of all cryptocurrency as we all know, altcoin community continues to grow in a faster rate, and people are investing on it big time, there are some factors that affects why altcoin cannot surpase biycoin at the current moment, its because bitcoin act as aa bridge to buy and sell altcoins, that contributes a big factor.

[justin0062]

In my own understanding, altcoins has the bigger market compared to bitcoin however that doesn't mean it had take full control over the cryptocurrency market.And this is evident from the price of bitcoin which is way more than altcoins.

[patrickj]

Plainly, bitcoin has colossal quality and Bitcoin can control showcase crypto. Altcoin does not as of now have a decent piece of the overall industry, despite the fact that there is an Etherum that has a decent piece of the pie however other Altcoin does not demonstrate a steady development and furthermore positive. So for the present I imagine that Bitcoin is better than Altcoin.

[rambak]

Altcoin there are some who have good potential in the future, of course, this also proves that the more dare investors put their money on altcoin.
However, in my opinion, Bitcoin and Ethereum no longer need to doubt the quality and potential of the coin.
I think Bitcoin and Ethereum already have a lot of enthusiasts and many investors.
So Bitcoin will be the coin in the greatest Cryptocurrency market.

[nguli]

of course the bitcoin will take control because I see bitcoin has a very high demand and has a very limited ttoal supply that makes bitcoin bigger than altcoin.

[campica]

I think that bitcoin will always be the number one in crypto world, because everything started with bitcoin. As you can see all altcoin depends on bitcoin value. If bitcoin fall then all altcoin fall too. Maybe some altcoin in future reach marketcap like bitcoin , but altcoin will never worth much as bitcoin.

[Paul Pogba]

I think the trend of bitcoin use will continue to increase so it will be difficult for altcoin to replace bitcoin in the near future, and this is certainly a major factor for us to continue to buy bitcoin.

[Milado22]

In the future, altcoin is likely to control the market, and it is still dependent on bitcoin for the time being, and more potential altcoin will be needed after the market is more mature.

[Mozi moon]

I think even market control will be decentralized. Bitcoin is too big to be controlled by a central financial unit. Sooner or later even States will add some BTC to their reserve and manipulation will not be as easy

[anehh]

Indeed, bitcoin is still controlling the market, but seeing the current price movement of bitcoin when compared to altcoin, I believe the next few years altcoin will be able to control the market and beat the strength of bitcoin

[michellee]

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's hard to tell which of these cryptocurrencies will dominate the market in the near future. But one thing is certain, both of these cryptocurrencies will be visible and available in the future. Bitcoin shows a promise of security as it is an established cryptocurrency that already got over a ton of dealy price declines its entire life but altcoins show promise of a better cryptocurrency.

I think bitcoin will still take control of the market as the altcoin adjust their price with bitcoin. so bitcoin will lead the market and will dominate the market. but there are many coins that still want to show their power to increase but the altcoin still cannot compete with bitcoin. there will be a time for bitcoin to show a good movement by increasing the price soon and in that time, the altcoin is only following with the bitcoin price without any chance to take control in the market.

[demonist]

Bitcoin still dominate the market when it price goes up and become stable or even go beyond it altcoin follow the lead but then altcoin has it huge potential as well if there is any chance of improving it more if they will also be notice and given a chance in the market

[fatimi1528w]

to our knowledge that controlling the market price is really Bitcoin because he's the head of all the coins in the cryptocurrency. if the price of Bitcoin has decreased dramatically, then the price of Altcoin will be the same fate with Bitcoin, because the price of Bitcoin or Altcoin close together and connect with it. it may be that controlling the current market price of Bitcoin and not Altcoin.

[bohtrung3]

I am sure that in the end, bitcoin will dominate the market for now. with so high bitcoin prices, it will make adjustments for other coins and bitcoin still a leader in this market, the market is very unstable and we can not say what could happen in the future,
although bitcoin has the potential to increase and decrease, bitcoin still increases in the long term and so does altcoin but altcoin will follow the bitcoin later.

[Karina 3340]

I heard that two clones of Bitcoin came to the market? Is it true?

[Alex Foman]

I think until they are comparable ... Grandpa Bitcoi is still more relevant

[charlenedave]

Indeed, bitcoin is still controlling the market, but seeing the current price movement of bitcoin when compared to altcoin, I believe the next few years altcoin will be able to control the market and beat the strength of bitcoin

Yes, I agree that Bitcoin is still the most powerful coin that cam tale control of the market. It is still better than altcoin in terms of controlling. Bitcoin is still the king of coin.

[jakoylantern]

For me, both sides taking that control of the market, because if you’re a bitcoin trader, I’m sure that also try some altcoin or another cryptocurrency. But how is the one that is really taking control of the market, I think bitcoin still those because the acceptance of bitcoin is much higher compared to altcoin but, now most of the altcoin can be exchange into bitcoin and vice-versa. But for now, if you want to compared bitcoin into another cryptocurrency, bitcoin will still be the raking of the market because the demand of it continues growing compared to that altcoin that is almost demanding in the market within a week.

[xk85jq]

  pricely..there are lots of altcoin in the market but most of the coins price is depends on bitcoin prices.Bitcoin is controlled the price in the market because of big value price among all cryptocurrency in the market.