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Author Topic: Bitcoin and altcoin: Who will take control of the market?  (Read 6933 times)
adejoke444
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July 10, 2018, 05:12:02 AM
 #881

Bitcoin for been the first cryptocurrency will always be the the leader in the market and take control because they are more demand of it every minute....
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July 10, 2018, 05:12:11 AM
 #882

It depends.
Easy answer could be Bitcoin controls the market. When the price of bitcoin goes up, everything goes up, and vice versa.
There are some coins that do not really depend on bitcoin's price. They go in different directions compared to bitcoin. However, generally, they will also be affect if the bitcoin market plunges.
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July 10, 2018, 05:14:37 AM
 #883

Bitcoin still has the largest market control that cannot be easily overtaken by the alts,The answer is a little fuzzy, but there are several factors at play. Most exchanges use Bitcoin as the universal trading currency, which leads to many investors buying and selling Bitcoin to buy and sell altcoins.
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July 10, 2018, 05:15:27 AM
 #884

Bitcoin is the king of all the coins and will definitely reign always. When people talks about cryptocurrency, bitcoin is a necessity in all aspects of cryptocurrency.No doubt that any kind of investment requires all attentions, dedication and great focus that helps us avoid mistakes.Trading with Altcoins require much more care. Bitcoin is still on top.
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July 10, 2018, 05:16:24 AM
 #885

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.

There is no altcoin that can surpass the bitcoin in terms of capitalization and popularity. The value of all cryptocurrencies are depends to its users. It will continue to become more valuable if users will keep buying and using cryptocurrencies.

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July 10, 2018, 05:17:37 AM
 #886

The one who will take control of the market is bitcoin over the altcoin , it is because the bitcoin has already establish a legacy and big name in the cryptoworld,Bitcoin will continue to be the most dominant currency, taking up the biggest share of the global marketcap, but its dominance will continue to decrease in my opinion.
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July 10, 2018, 05:27:17 AM
 #887

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.

The bitcoin is still no.1 in all terms. The bitcoin is so powerful that its currently capitalization is $15,512,756,828. The bitcoin is now recognizing by many citizens in different country. There is a big possibility that the digital society will happen.

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July 10, 2018, 05:36:54 AM
 #888

The one who controls the market is Whales and ourselves.
First the popes made a movement of some news whether positive or negative. Next we follow it, we panic with the existing news, can panic buying or selling panic. so I think we own and Whales control the market.
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July 10, 2018, 05:42:49 AM
 #889

Altcoins have a very broad market. We cannot just compare Bitcoin to the alternate cryptocurrencies. They are just too many. Bitcoin is strictly created as a currency. It is not just a token or a sort of an exclusive coin. When we speak of altcoins, the market could range from gambling, Esports, hedge, real estate, and so many others. Bitcoin is not a highly specialized token supported by a certain exclusive economy.

 
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markleal
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July 10, 2018, 05:46:53 AM
 #890

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.


Hi there Robert543! First of all, Ethereum is considered as an altcoin. Anything aside from bitcoin is considered as altcoin. I believe that no single company could ever control all or several altcoins, most likely the bitcoin. Even though there are thousand of altcoins, each coin could be considered unique with each other. Some coins, focused on smart contract with specific product or services accompanied with. Some even focus on rewards and incentives, while other focus on trading to ensure the level of the market. Additionally, there are coins that are more considered in terms of mining. Because all of them could be different there are tendencies that each coin could have different price trajectory.
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July 10, 2018, 05:52:54 AM
 #891

Developers s one of the possible controller of each coin. But the trading platforms dictates the price of each. Some said that the trading platform could be more profitable and powerful than the developer. Since most of the coins are open source, there are lot of people that could have a potential developer of a new more interesting coin. But at the end all those coins will be listed in a trading platform. However, in a trading platform, the traders are the one who could decide what will be potential price of each and every coin. But rumors said that the trading platform could create a dummy accounts which could manipulate the price of a coin. So, who control? The trading platform.
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July 10, 2018, 06:00:37 AM
 #892

Bitcoin is the first digital currency that is most reckoned with, as far as cryptocurrency is concern. It always serves as the base currency when paired with other digital currencies. No doubt that some altcoins have the potential of taking control of the market, but it will still be certain that bitcoin would be most used in the market.

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July 10, 2018, 04:33:43 PM
 #893

in my opinion no coin will beat the bitcoin in terms of price, since I think it's all started from bitcoin, gave a talc in the crypto-currency world
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July 10, 2018, 04:40:50 PM
 #894

I believe will still be the leading crypto of all, no matter how promising altcoin is, they still based on bitcoin's movement in the market, altcoin may have great potential  given a chance it will really grow and bloomed and makes a profit.. but then it will still be relying on bitcoin.
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July 12, 2018, 06:45:44 AM
 #895

I think Altcoin averages to follow bitcoin, if bitcoin down there is Altcoin down. Altcoin relies heavily on bitcoin for its value. So control the bitcoin market. Bitcoin and Altcoin are money cryptocurrency. and that controls the market price clearly Bitcoin because he is the king of all the coins in cryptocurrency
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July 12, 2018, 06:59:10 AM
 #896

The difference between the altcoin and the bitcoin is too great. At least so far, bitcoin has occupied too much importance in the world of cryptocurrency. Bitcoin can affect the price of the overall cryptocurrency, but the impact of the altcoin on the market is too small.
Jay51
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July 12, 2018, 07:03:28 AM
 #897

Bitcoin will always control the market, because Bitcoin is still on top in terms of price and popularity. Unstable altcoin grows and falls rapidly
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July 12, 2018, 07:29:45 AM
 #898

Bitcoin will take the control of the market since its the one used by many investors.
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July 14, 2018, 10:35:32 AM
 #899

In general, as long as the system must buy altcoins using bitcoin. Mistakes in dealing with Bitcoins and Altcoins can cause you to lose value investing in a very short time.
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July 14, 2018, 10:55:37 AM
 #900

bitcoin and altcoin both want to reach the peak of its popularity, and can be said as a vehicle. while the investor / user is the driver. it's hard for me to say who can control the market the most. I can just follow it, not yet able to conclude significantly.
but for me the bitcoin remains the best.

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