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Author Topic: Bitcoin and altcoin: Who will take control of the market?  (Read 6936 times)
mahibul49
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June 06, 2018, 06:03:07 PM
 #341

definately bitcoin is king and always will remain king and other altcoin will not overcome btc market cap.
btc is best.
dificanovi
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June 06, 2018, 06:03:31 PM
 #342

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.


I think bitcoin will still be a coin higher than altcoin and coin that will control the market price. altcoin will always be below and will always follow the path bitcoin, if bitcoin decreased then altcoin will also decrease and vice versa if bitcoin increase then altcoin also will experience price increase.
bitcoin will always be the most popular coins because the first coins are created.

Behene
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June 06, 2018, 06:54:13 PM
 #343

Here i see bitcoin is the top crypto currency in the market where bitcoin movement is always followed by other coins i think here that controlling the market is bitcoin and Will last for years ahead
NelfiNovita
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June 06, 2018, 07:07:44 PM
 #344

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.


I think that controlling the market is bitcoin because I always see all the crypto currency in the market if there is a price drop or price increase in bitcoin then altcoin will also follow all that happened to bitcoin.
from there I can judge that the market price is controlled by bitcoin and not controlled by altcoin.

othab1
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June 06, 2018, 07:21:11 PM
 #345

Bitcoin will remain currency for a long time as currency. Altcoins will depend on bitcoin
Hellokitty09
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June 06, 2018, 08:30:41 PM
 #346

Bitcoin must be the most. How can altcoin be able to overcome it?

Bitcoin and altcoin have a relationship and correlation. It is easy to see the impact of bitcoin dominating the crypto market due to its long history and development. Of course, Altcoin is very potential because the majority are built under the foundation of ETH's blockchain. It is regarded as high technology and high growth potential. Conversely, bitcoin regulation is limiting the growth of altcoin.
Chicksteen
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June 06, 2018, 08:38:59 PM
 #347

Bitcoin will remain currency for a long time as currency. Altcoins will depend on bitcoin

Bitcoin and Altcoin investment both are very profitable. All kind of Altcoin depends on Bitcoin. If Bitcoin price goes dump so Altcoin will go dump. If Bitcoin price goes high so Altcoin price will go high. That's why if you have to make the huge profit so you can buy Bitcoin and hold it for a very long time. And you can trade with Altcoin. You can make much profit from Altcoin trading. Also, you can hold some potential Altcoin for a very long time. I always prefer to hold. If you can hold any potential token so obviously you will able to make a huge profit.
DJ_Rick
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June 06, 2018, 08:45:45 PM
 #348

Isn't the answer obvious? To me, it is ! I think that bitcoin has much more chances. Now I have entered USECHAIN project and I think that this ICO will be very profitable. it has a mirror blockchain ecosystem. It starts in the middle of June. I expect great profits.
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June 06, 2018, 08:55:53 PM
 #349

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.


This is an interesting opinion that I doubt many people on this forum share. Altcoins generally are just a bigger market, but for most part, bitcoin is the bridge between them. Generally, if you want to buy altcoins, you have to buy bitcoin and then use that bitcoin to purchase the alts. It's hard to find places to buy altcoins directly. I believe this is what makes Bitcoin and Ethereum in particular so large in terms of all of the other altcoins. As long as the system of having to purchase altcoins using bitcoin/eth exists, it is very unlikely that the altcoins will surpass bitcoin, as there will be people putting as much money into BTC as they do alts.
That's true in any cases in the market we use bitcoin and eth to purchase altcoins but I think its the same that they control the crypto market. And I think its tie because in the market people buy bitcoin to purchase other coin so no one of them control the market because they usig each other.

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bloodyvio
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June 06, 2018, 09:11:32 PM
 #350

maybe for a few more years (3 or 5 years) bitcoin still leads the crypto market
but after that i'm sure some altcoin will take over the bitcoin position
because many altcoins today have advantages that bitcoin does not have
such as fast transaction time, low fees even zero fees, low electricity usage and more
it's just a matter of time

neya
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June 06, 2018, 09:24:18 PM
 #351

Bitcoin is the mother or leader of all altcoins.bitclin takes control of the market.we can buy altcoin only if we have bitcoin.when the butcoin price become low the altcoin price follow.aside from bitcoin ethereum also has potential to get the 2nd place after bitcoin.

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Baimovic
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June 06, 2018, 09:49:15 PM
 #352

explanation and analysis are very good, but I think the market is still dominated by bitcoin, and only some altcoins that follow personal trajectories, such as ADA, ODEM, ziliqa, PAL also sometimes walk alone without following the bitcoin track.

why does altcoin not follow the bitcoin track? I think that only good altcoin and has a high credibility that is capable of doing that.

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June 06, 2018, 10:58:24 PM
 #353

I think that with time, altcoins will occupy the largest part of the market, because every day a new coin comes out, which grows in value attracting new investments!

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Larva14
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June 06, 2018, 11:12:44 PM
 #354

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.


While bitcoin right now is really on top, the future is still uncertain for everyone in this industry. I agree that it is possible that the altcoins can rise up, or at least one of them can be an equal or even surpass bitcoin. It is the decision that made the other investors try altcoins while some stayed loyal to bitcoin. But there is also a growing number of hybrid supporters that invested in both just in case.
Stac
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June 06, 2018, 11:18:12 PM
 #355

As bitcoin is the first crypto currency in the crypto world bitcoin will take control of the crypto market than any other crypto currencies as there is huge difference in the crypto currency as well as the price of bitcoins is way too much than any other alternative  crypto currencies. All the alternative crypto currencies are following the first crypto currency the bitcoin and so bitcoins will always be the king in the crypto currency market. The price of bitcoins determine the price of alternative coins as when there is a hike in the bitcoin crypto market the alternatives coins also start to grow but when the bitcoin market plunges the price of alternative crypto currencies start to drop in the crypto market.

twistedvape
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June 06, 2018, 11:28:14 PM
 #356

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.


Altcoins are far away from dominating the crypto market. Probably they will dominate in future but I can't see any such sign as of now. Bitcoin volume accounts for 38% of the total crypto volume and hence it has the controlling power in hand. Majority of the altcoins are available to trade with bitcoin and ETH only so when we account for their price we do it on the basis of bitcoin and ETH price. That is the reason why their prices go down when BTC and ETH prices go down and vice verse.

However, if you have monitored the market very closely, you must have seen that there are few altcoins which kept their prices increasing when the bitcoin price was going down. Like Tron, OmniseGo etc. That is mainly because of the speculator's choice, the similar way Gold price increases when the stock market decreases. But none of them have the controlling power as on date.

I agree with your opinion, because we are not the decisive person, we can only control, the time will determine.
Akash55
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June 06, 2018, 11:57:38 PM
 #357

Of course Bitcoin.
Bitcoin was, Bitcoin is and Bitcoin will be the boss.No matter what Bitcoin will take control over the market
Mia Wallace
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June 07, 2018, 12:09:55 AM
 #358

  Bitcoin is the new form of economical proceedings connected with modern technology.Bitcoin is the first crypto introduced in 2009 and altcoins are the alternate coins .Bitcoin is a decentralized one with anonymity and its transactions are recorded in an electronic ledger with the blockchain technology .the attractive features ensures the credibility in the public world.. Bitcoin has popularized in the market and it is the king among the cryptocoins and the market  capital is so high considering the above factors Bitcoin will take control of the market.
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June 07, 2018, 02:25:07 AM
 #359

altcoin is able to influence the current market price movement because of the many emerging ERC20 tokens that can be converted into Ethereum and Bitcoin coins so that trading activity increases
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June 07, 2018, 02:31:46 AM
 #360

Bitcoin and Altcoin should comprehend to each other for the long-term sustainability of the blockchain technology, developers should work together for the common good of all crypto lovers. So that we can influence the government in our own little way to acknowledge the benefits of crypto.

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