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Author Topic: Bitcoin and altcoin: Who will take control of the market?  (Read 6936 times)
Jetakenare
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June 20, 2018, 03:28:36 AM
 #681

Undoubtedly the present bear run has put this analogy to rest. Bitcoin will remain number one until another crypto is developed that surpasses the bitcoin/ blockchain technology.
biskitop
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June 20, 2018, 03:33:00 AM
 #682

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.

yes, the end of this ERC20 token is quite a big role in the movement of the market, because many who put money there to support the success of tokens that will launch.
Bitfling
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June 20, 2018, 04:25:13 AM
 #683

There are too many altcoins. and most of the altcoins are depending on bitcoin directly or indirectly. Due to the price rise of Bitcoin, the decrease in prices of almost all the coins decreases. So it can be said that Bitcoin controls the market.

Bitcoin always hold dominance in market because most pairs traded in market using bitcoin. Many good altcoin and maybe one of them can take bitcoin place but i think its need a long time
Alex_Kidd
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June 20, 2018, 04:27:06 AM
 #684

Bitcoin will always be the king in this market. I don't really see how an altcoin could take over at the moment. Maybe, I say maybe, in the future we will have a Bitcoin 2.0, but probably that's in many years from now.
fedosee
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June 20, 2018, 04:48:14 AM
 #685

If you see the current market trends, most of the alt coins are already gaining huge popularity. Some have even given better returns than BTC.
Gabteb
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June 20, 2018, 04:51:48 AM
 #686

Not BTC not alts ,BTC will be 1 for long time it will become somthing like Gold in crypto but it will not dominate as all new alts are coming to market and will be.


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geminamo
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June 20, 2018, 04:54:02 AM
 #687

ETH is already giving tough competition to BTC. IF it grows at the same rate, it will be soon number 1 in terms of market cap.
haophan
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June 20, 2018, 06:58:49 AM
 #688


Definitely still bitcoin
 Grin Grin Grin
zamani12
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June 20, 2018, 02:02:09 PM
 #689

bitcoin is the still the cryptocurrency that controls the market. it has a higher market capitalization then again its circulating volume is low, which determines the prize value of the coin.bitcoin remains number 1 for me.
Wahyud11
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June 20, 2018, 02:43:11 PM
 #690

I think bitcoin will remain in power in the market and control the market price, because until now altcoin has not become a tough competitor of bitcoin.
sinthia1234
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June 21, 2018, 12:12:19 AM
 #691

Bitcoin is the still the cryptocurrency  the controls the matket and control the market price. It's a bitcoin strength  in the market.It is the learge market community that will control the current market conditions.
Esteler
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June 21, 2018, 02:01:17 AM
 #692

I think Altcoin Growth follow is sometimes inversely proportional to bitcoin movement and every bitcoin movement causes Altcoin to just follow it and bitcoin will always control the market and nothing will exceed the bitcoin value.
The popularity of bitcoin is increasing and many investors enter, using it compared to altcoin. Because of the very high price that makes bitcoin always popular. and that will always dominate the market is bitcoin, no other dominance increasingly unstoppable.
judejude
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June 21, 2018, 02:34:26 AM
 #693

I think bitcoin will still be a coin higher than altcoin and coin that will control the market price.It starts in the middle of June. I expect great profits.
BellamyWilliams
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June 21, 2018, 02:41:33 AM
 #694

My thoughts is that altcoins are still dependent with Bitcoin.Altcoins are not enoygh stable to survive  alone.Altcoins need more homework to overcome the  market.
duc4487
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June 21, 2018, 02:45:56 AM
 #695

Of course Altcoin is a potential trend in the future but at the moment, bitcoin is playing a big role as there is no way you can buy altcoin without bitcoin or ETH. The shadows of bitcoin is so big and it will be continue to dominate the crypto world. You can see by the value of coin, once bitcoin is going down, other coin's price will drop after that and vice versa. On the crypto world that is influenced strongly by emotion, belief of investor is very important. Somehow, bitcoin represents for investors's belief.
Boromon
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June 21, 2018, 03:00:14 AM
 #696

The one who will take control of the market is bitcoin over the altcoin. As you can see all altcoin depends on bitcoin value. If bitcoin fall then all altcoin fall too. Bitcoin is like a kind of cryptocurrency foundation.
draceus
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June 21, 2018, 03:12:21 AM
 #697

bitcoin will in any case be the lord of all altcoin,  and it is on the top of the chart, in the coin market world.

bitcoin have large potential to dominant work of the human market because bitcoin is a digital currency it means it offers a hues amount of employers in the wourld wide. 

mcabrito
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June 21, 2018, 03:27:08 AM
 #698

The one who will take control of the market is bitcoin over the altcoin. As you can see all altcoin depends on bitcoin value. If bitcoin fall then all altcoin fall too. Bitcoin is like a kind of cryptocurrency foundation.

Yes, bitcoin price is the basis of prices of all cryptocurrencies, bitcoin will always takes control of the price. For now bitcoin will lead on top and all alts will always be on second place onwards even if a lot of new developments have been made by altcryptocurrencies.
Arata
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June 21, 2018, 03:31:26 AM
 #699

According to my estimation, altcoin will take control of the market because the current bitcoin movement has been slowed while altcoin though can not exceed the value of bitcoin but the movement is very fast.
Birin016
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June 21, 2018, 04:08:22 AM
 #700

Of course bitcoin will be no 1 in marketcap because bitcoin is first cryptocurrency and have high value compared altcoin. And then bitcoin market demand is big compared altcoin. Better than trade or hold bitcoin if you a beginner trader.
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