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

[anume123]

I think bitcoin is stronger in all altcoins because when the bitcoin price drops
All prices are dropping altcoins and if only the price of bitcoin increases the prices of altcoins are also rising so I think the bitcoin is capable of controlling all altcoins.

[Chaelbrin]

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Bitcoin driving position is by all accounts doubtable as Altcoins have recorded a more grounded rise as of late and the market is less influenced by Bitcoin.

[Jordens]

The crypto market is quite interesting and unpredictable, and it is not easy to make any estimates. Bitcoin is still, in my opinion, a more dominant role in the market than coins.

[MCVXYZ]

The fact that alternative coins may take control of the market does not mean that alts are better than bitcoin,It means that there are too many unique coins with good abilities and possibilities,We don't use cryptocurrencies only in transactions,therefore people need more ,,offers'' from developers,In my opinion if there are no new updates in bitcoin,alternative coins will take the control,alternatives which have more advantages than bitcoin,but at the same time we must conside the fact that bitcoin is the most popular and trustful,therefore this will be very hard for alternative coins to achieve more success on the market.

[hridoyb]

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.

Bitcoin is the king of cryptocurrency. crypto market depends on bitcoin,if bitcoin down other altcoin must be down so bitcoin is powefull coin than any altcoin.Now bitcoin get negative feedback from other and price going to be down and down.So you can see crypto market and all alt coin going down also.

[TGD]

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.

Bitcoin is the king of cryptocurrency. crypto market depends on bitcoin,if bitcoin down other altcoin must be down so bitcoin is powefull coin than any altcoin.Now bitcoin get negative feedback from other and price going to be down and down.So you can see crypto market and all alt coin going down also.

true in this case you may have to see who is leading and take control of the market cause as bitcoin down we are able to see also other currency that are affected for what happen in bitcoin.

[Escan0r]

Currently it is probably Bitcoin number 1 in the market because we can see the circulation of bitcoin or volume that can not be underestimated. But I do not know for the future, how the crypto currency will run. Maybe one of the altcoins in the future will be able to compete with Bitcoin because I see more and more good Altcoin.

[Raggie]

Either bitcoin or altcoins, both of them are good in the market. For now, bitcoin is the no1 dominating the volume.
The altcoin below bitcoin is ethereum. And it is not possible for ETH to hit bitcoin level if ETH keep developing.

[MiukoOk]

The answer to who controls the market, I think it is you and the investors who are the ones who influence the market prices bitcoin and altcoin they are the buyers collectively called if the purchase amount is high the price of the bitcoin or altcoin will change

[coly20032003]

I think it is the crypto community as a whole that controls the market. For example, the miner, the trader, and the other people. If miner stops to mine bitcoin or altcoin, it will affect the price. And if trader loses faith in the market and keep selling, it will affect price as well.

[MudahDanHemat]

I think altcoin will get green in the market but bitcoin will stay in the first position and be the best. hmm, yep,  I think altcoin will dominate the market.

[aladlanie04]

bitcoin only dominant cryptocurrency in coinmarket mainly 32%-35% bitcoin dominance in market   if bitcoin rise altcoin's will rise to the level  if bitcoin dips down altcoin's also dips to the level  it is proprotional to the market. some in near future etherium will be second highest market cap after the bitcoin but no other altcoin's will give tough competition to bitcoin  i feel only bitcoin will be control the entire market there is no chance other altcoin rise beat bitcoin that's not gonna happen because every pair altcoin is used as btc/eth example   btc/usd ,  btc/ltc  . example  bitcoin is like US $ anywhere in the world we can convert it to local currency , if we travel abroad .

[lukiyag]

Bitcoin will be the leader but the craze for alt coins is also increasing. You can invest some money in alt coins for diversification.

[Dangdingdongbray]

In my opinion Bitcoin is the king of all coins and no one will replace the powerful king of what ever happened in the market no matter who owns the market for now but as they say once the king is always a king. All kinds of Altcoin depend on Bitcoin . If the price of Bitcoin falls, then Altcoin will be discarded. If the price of Bitcoin rises high then Altcoin price will rise high. That's why if you have to make big profits so you can buy Bitcoin and hold it for a very long time.

[Getmon]

The market will of course be controlled by the altcoins. That is expected and logical because the ratio is 1 is to a couple of thousands. The overall altcoin market is of course much bigger than the Bitcoin market considering that there are so many altcoins out there while Bitcoin is only Bitcoin. But if you pluck any altcoin from the list and compare it with Bitcoin, Bitcoin is clearly the biggest. The dominance of Bitcoin remains around 40%.

[K_rock]

Bitcoin affects the altcoin price

[paramonpo]

I have seen that the demand of alt coins is on continuous rise. Coins like ETH may leave behind BTC in future.

[james.james]

These days it seems like altcoins are doing better than bitcoin because pretty much all of their prices are green while bitcoin price is red. its because bitcoin act as aa bridge to buy and sell altcoins, that contributes a big factor.

[btcyoda]

These days it seems like altcoins are doing better than bitcoin because pretty much all of their prices are green while bitcoin price is red. its because bitcoin act as aa bridge to buy and sell altcoins, that contributes a big factor.

Yes, But Bitcoin is always dominant currency and you need to observe one thing every altcoin price is based on Bitcoin price and once the price of Bitcoin is increasing automatically the price of all altcoin prices will start increasing. Not all coins are in green there are many coins completely in red.

[Mr.John19]

Bitcoin controls all the digital currency available. We can't purchase the altcoin without the bitcoin. We have to change over the altcoin first into bitcoin. In this way, we ready to transform it into fiat. If I am not mistaken altcoins are relying upon the bitcoin. In any case, the bitcoin that controls the value. Ensure your security to put resources into another altcoin. Regardless I accept and dependable to bitcoin.