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Author Topic: Bitcoin and altcoin: Who will take control of the market?  (Read 6935 times)
Sand King
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June 09, 2018, 02:50:09 PM
 #441

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.


for me until the end it will still be bitcoin over all those its competitors. we all know that as of the moment bitcoin is unbeatable and still on top. and i dont think that that will change sooner

zwiggel
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June 09, 2018, 03:21:10 PM
 #442

I think bitcoin will control the market. Because bitcoins appear earlier than the rest altcoin. Bitcoin has long-term testing. Bitcoin is more popular and has many trades, trading floors, hardware, and software that support it. Bitcoin is more liquid, with a much larger market capitalization than any other Altcoin.
bellakrstna
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June 09, 2018, 03:39:46 PM
 #443

For me, altcoin have more potential than bitcoin so it could be altcoin who can control the market.
Just by looking in the market bitcoin is still dominant in volume, but we dont know the future it could be altcoin can have more volume than bitcoin
SIHIN
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June 09, 2018, 03:52:01 PM
 #444

I think btcoin that controls the market. Because we can see now when bitcoin price down altcoin come down too. and when bitcoin rises altcoin slowly go up. And also altcoin can not stand without bitcoin but bitcoin can stand up without altcoin.
mudasarali43
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June 09, 2018, 07:34:44 PM
 #445

Market is controlling Bitcoin price and bitcoin has to control the traders and the demand and supply also, Bitcoin price if go to the moon than it will affected the other coins price and if bitcoin price goes down than almost all altcoins are effecting badly and their prices is going to the dark, In this way you can watch and observe the Bitcoin price is affecting to the altcoin price,
Chrystora123
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June 09, 2018, 07:52:46 PM
 #446

I see cryptocurrency like a game in chess, Bitcoin as a king, Ethereum as queen and other crypto coins as the subordinates, until whenever Bitcoin will become king, no other coin can beat it, not too proud of Bitcoin, but Bitcoin is the father of the cryptocurrency, the market price will always be controlled by Bitcoin...

cxmyifan16
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June 09, 2018, 08:04:35 PM
 #447

Bitcoin or maybe Ether but not altcoin. I think that btc has all chances to become the main currency. According to the forecast, it will have high price very soon, at the end of 2018, it is expected that the price will increase. We will see if this is true

jonaire99
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June 09, 2018, 09:08:47 PM
 #448

Bitcoin mostly controlled the cryptocurrency market because every time its price go up or down, the altcoins reacts. If bitcoin price go on correction or suffer a crash, the entire market becomes red. Bitcoin can easily influence the price movements of almost all altcoins and only few can manage to go up independently. The top cryptocurrency continues to maintain its largest market capitalization.

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June 09, 2018, 09:13:10 PM
 #449

well i think bitcoin is a digital money and an electronic currency too .  If we try to analyse both Bitcoin and altcoin ,Bitcoin is strong in the market and it have full control in the market. When Bitcoin price falls down altcoin value also depriciates so according to my point of view Bitcoin will remain at the top and be the king of the crypto world and Without bitcoin there's no Altcoins because you can't buy altcoin without using bitcoin in most cases so I will say bitcoin will always lead in the market
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June 09, 2018, 09:42:20 PM
 #450

I am sure that bitcoin control of the market. Bitcoin is the king of the crypto market. The value of the bitcoin is highest, the most modern technology. the number of users is the most, the impact of it is the largest.
Bitcoin has the most modern technology? Is this a joke? =) Bitcoin is the very first cryptocurrency, and it is technically very simple and imperfect. This is blockchain 1.0, and there are already projects for blockchain 4.0 (ICO Seele).

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Jossy111
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June 09, 2018, 09:49:54 PM
 #451

Ethereum and altcoin are pushing harder but bitcoin remains the father of all crypto coins so in the next 5 years there is a strong feelings that bitcoin will continue to take the lead.
bimbie
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June 09, 2018, 10:14:15 PM
 #452

It is always the bitcoin who will take control of the market because when the price of bitcoin get up or down all the altcoins will be affected of the fall or up.We all know that bitcoin will take the lead of all coins in cryptocurrency.

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June 10, 2018, 02:38:03 AM
 #453

bitcoin and altcoin are two currencies that have advantages and high values. So even though bitcoin or altcoin owns the market, I still support it, but in my opinion bitcoin in the future will dominate the market for a higher proportion.
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June 10, 2018, 06:19:07 AM
 #454

I think the coin that dominan in the market is the one who takes control. And I see bitcoin, in this period there is little jump in the price of bitcoin, and however, most of cryptocurrencies has jumped  by an acceptable rate, so all of this change in the market is  due to the development of Bitcoin. Plus, that's why the goverment  are always attacking Bitcoin in different ways because they know that if Bitcoin destroy , then all of cyrptocurrencies will  disappear.
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June 10, 2018, 06:29:57 AM
 #455

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.

the coin which has a higher value either bitcoin or alt coins and maintain that for period of time will control the market. you know some people always looking for a high value currency.

marona.coro
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June 10, 2018, 06:51:01 AM
 #456

altcoin and bitcoin will complement each other to maintain the growth of the blockchain industry, stronger and more popular. If bitcoin go up and down the other coins are affected by the movement of bitcoin, Bitcoin's price is also dragging down the altcoin market.
Bitexpert2017
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June 10, 2018, 06:56:31 AM
 #457

Bitcoin is very strong in the market and has full control in the market. When the bitcoin price falls then the altcoin value decreases so bitcoin will remain at the top and become the king of altcoin and may dominate once the blockchain technology becomes mature and up to date.
Emanammy
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June 10, 2018, 12:28:49 PM
 #458

In my opinion bitcoin will take control over the market.and i m hundred percent sure about it.
Pamela Medeiross
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June 10, 2018, 02:51:48 PM
 #459

I still believe in Bitcoin's dominance. It's the first cryptocurrency and now its price is far higher than Altcoins.
Carney Nicholass
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June 10, 2018, 02:53:43 PM
 #460

In general, you have to exchange Bitcoin or Ethereum for Altcoin. So it's easy to tell how big the impact of Bitcoin is. The better performance of Altcoin is just temporary and won't be supposed to last.
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