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Author Topic: Bitcoin and altcoin: Who will take control of the market?  (Read 6933 times)
jeraldskie11
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June 19, 2018, 11:39:10 AM
 #621

The investors are the one who'll take control on the market price of bitcoin and altcoins and also the demand and supply of the coins this is the only way to control it because if there's no investors the price will not increase that's why if there are more investor's come the more profits you will get.

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June 19, 2018, 11:45:03 AM
 #622

In my opinion, most altcoins in the cryptocurrency market depend on or have a kind of relationship with bitcoin in terms of price. In fact, most altcoins in the marketplace relatively share bitcoin prices for them to trade. I fully believe that bitcoin is a leader coin. This shows its importance in the market, this is known as the introduction of digital currency, the oldest coin but still its development and its high value. We all know that bitcoin is the most popular in most of the world today, whenever you mention the digital currency, the coin you hear is bitcoin, not ethereum or something else.
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June 19, 2018, 11:50:01 AM
 #623

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 also think that it's very hard to replace Bitcoin as the "god father" of crypto coins. You have to note that most of altcoins are made by BTC coin base, so no BTC, no alts. Many platform now using to buy altcoins require you to have BTC to trade or buy those coins. Therefore, no BTC, no alts. BTC is still the king now although its bad situation. However, the bad always come to a better one. Just wait and you will see that cannot replace BTC.
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June 19, 2018, 01:12:21 PM
 #624

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 still too early to claim things. Bitcoin as of now is an average coin with a very big user base making it one of the biggest established coins up to date. On the other hand, some altcoins are better than bitcoin. However, not all of them are crowdfunded and some, unfortunately even die because of poor crowdfunding. The altcoin industry is a survival of the fittest environment. If your altcoin is mediocre, don't expect to become big. Maybe in the future there will be an established coin from the altcoin industry, the possibilities are endless.

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June 19, 2018, 01:22:34 PM
 #625

For now Bitcoin is the only coin capable of dominating 39.5% of 100% Marketcap.
While the rest Marketcap controlled by Altcoins because the number of Altcoins more and continue to appear.
So, Altcoins is more dominant than Bitcoin.
imstillthebest
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June 19, 2018, 01:29:37 PM
 #626

For now Bitcoin is the only coin capable of dominating 39.5% of 100% Marketcap.
While the rest Marketcap controlled by Altcoins because the number of Altcoins more and continue to appear.
So, Altcoins is more dominant than Bitcoin.

no . you are totally wrong. altcoins wont be useless without bitcoin because bitcoin is the one that controls thier price. so the real winner would be bitcoin. though bitcoin is not the one that controls the market but rather the whales because whales are the most powerful of them all. whales can decide on what will be the price of cryptos.

As per the market perspective, As per my opinion, there is a huge possibility that ICST will take control of the market.

what is that icst you are talking about? is that another sh*t coin? if it is or even if its not . bitcoin will still be able to take the lead as it is the base of all cryptos.

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June 19, 2018, 01:44:32 PM
 #627

Some alt coin may replace the bitcoin in future if it has some unique features. Among the current coins, only ETH can do this.
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June 19, 2018, 01:45:58 PM
 #628

For now Bitcoin is the only coin capable of dominating 39.5% of 100% Marketcap.
While the rest Marketcap controlled by Altcoins because the number of Altcoins more and continue to appear.
So, Altcoins is more dominant than Bitcoin.

They both go hand in hand, without BTC altcoins would die and without ALTs bitcoin wouldn't flourish and stay on top. It doesn't mean that the dominance of BTC is the reason why it controls the market because there are lots of things to factor in. Anyway, have any of you guys heard about menlo.one they are an ICO marketplace? I'm planning to get more into ICO investment now that we aren't seeing much of an improvement on coins prices.
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June 19, 2018, 01:50:35 PM
 #629

well i think no once control over the market price of the crypto aside from the investors who are contributing in that crypto. As we all know that these people had relatively smart and will not invest in bitcoin if they had seen something that is volatility. So maybe choosing an altcoin is a good choice for an investors to earn. There are many altcoins in the market that are strong and is a good to choose in investing cryptocurrency and that in the future Bitcoin will be replaced by another altcoin.
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June 19, 2018, 01:53:33 PM
 #630

I think these two elements are equally influential in controlling the market, be it Bitcoin or Altcoin as much influence. Bitcoin without Altcoin, the market will be deserted so Altcoin without Bitcoin market will also be deserted. Bitcoin and Altcoin are interdependent.
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June 19, 2018, 01:58:09 PM
 #631

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 little altcoin can really succeed until the end, however investing in altcoin can bring more profit in the short term. If you want to be safe I think bitcon and ethereum are the choices. First, if you want to be more profitable look for the potential altcoin to reduce the risk. The choice is yours
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June 19, 2018, 02:00:17 PM
 #632

I think that it's possible that some altcoins will get the status of btc. And they can take control of the market. But btc will be the main crypto for which one will be able to buy alts.
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June 19, 2018, 02:47:30 PM
 #633

Some alt coins have started to challenge crypto in terms of market cap only. Either ETH or ripple will  be able to do this in next 3-4 years.
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June 19, 2018, 03:16:41 PM
 #634

I think that in future ETH may lead the market. More and ore people are already using ETH for payments because of less fees .
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June 19, 2018, 03:26:09 PM
 #635

Bitcoin and altcoin: Who will take control of the market?
It is very difficult to say who control the crypt market. Now a day crypt market going on decentralizing. And decentralizing market control several people who invest or trade tokens/coins.

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June 19, 2018, 03:31:33 PM
 #636

who will control at the market? See the last year price, bitcoin started increase to their high price @ $19000 and all altcoins increase to. since the start of the year bitcoin fall @$6000 and all altcoin fall also. i guess bitcoin is the one who control the market price. bitcoin is the king of all cryptocurrency
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June 19, 2018, 03:33:12 PM
 #637

Everything is mainly tethered to the BTC trading pair, so as BTC falls, alt coins will fall as well.
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June 19, 2018, 03:36:09 PM
 #638

Everything is mainly tethered to the BTC trading pair, so as BTC falls, alt coins will fall as well.

that is the truth for now. But should there be any problems with bitcoin in long rung which wouldn' apply to other crypto,the market would adjust very easily and fast.

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June 19, 2018, 04:04:54 PM
 #639

Bitcoin will soon get replaced by a coin like ETH which is faster. If this has to be avoided, bitcoin features should be improved.
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June 19, 2018, 04:10:45 PM
 #640

Probably both of which will control the market because they are what makes the market stand up until now if one sala out of the market may market will also disappear
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