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Author Topic: Bitcoin and altcoin: Who will take control of the market?  (Read 6933 times)
Ninellechka
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July 24, 2018, 07:42:26 AM
 #1061

Bitcoin still rules the market and altcoins highly depend on it. I don't think that this situation is going to change in the nearest future. There's no alternative to BTC with the same resources, market size, audience. So there's no doubt that BTC will remain the leader and the ruler of the crypto market in perspective. I'm not sure that there won't be any rival to BTC in the future. Why not, everything might happen. But by now and for the next one-two years it's going to be number one and to define the whole market climate.

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Sohailul
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July 24, 2018, 07:43:17 AM
 #1062

altcoin's market is bigger than bitcoin's i must say, and as the result, each altcoin will be controlled by it's founders and developers
You are right. Each altcoin will be controlled by it's developer's and founders. But Bitcoin Controlled Whole crypto market. It means Whole cryptocurrency market depend on bitcoin. If Bitcoin price increase then Other cryptocurrency price will increase, if BTC price derease then other cryptocurrency price will decrease.
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July 24, 2018, 12:16:42 PM
 #1063

Bitcoin is dominating now for a reason and that is because altcoins are dependent on it. Their prices all depends on it, if bitcoin rise, they rise, if it fall, they fall. I believe if this dependency is overcome, then there is a chance for other coins to take the lead
Miguel Fulton
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July 24, 2018, 12:31:08 PM
 #1064

Basically both are good, Bitcoin remains a better known, widely accepted/traded coin. Its value, although volatile, seems to show steady promise. Year on year you are sure to make a profit from buying Bitcoins.
Then, you have numerous other Altcoins that show massive promise, the mere nature of the coins, the technology they run on and the ideas behind their existence always tend to drive both demand and value.
Between the both, I would maybe base your choice of investment on the nature of business you would want to transact. Do you want a ‘’quick fix’’ maybe short term ROI on a substantial amount. Then choose Bitcoin and still hope.
rudox
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July 24, 2018, 12:32:17 PM
 #1065

I beg to disagree with the position that some altcoin are now moving on their own trajectory.For some time that bitcoin has been in a bearish mode all the altcoin were in the same mode. For example one of my portfolio that used to have about $2.5K but now i have only $900 and this portfolio  has altcoins all through. I also noticed that bitcoin is now trending and the altcoin are also rallying for the past one week.
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July 24, 2018, 12:42:49 PM
 #1066

more technology and more development is more control over the cyprtocurrency world
rlm42
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July 24, 2018, 12:43:42 PM
 #1067

Theoretically, such a cryptocurrency, or altcoin, which would be better than bitcoin, may well appear. And in terms of functionality, let's say such it's blockchain will solve the bottlenecks of bitcoin blockchain. Such new altcoin would be more interesting for investors for many reasons. I'm not saying that it must be in future, but it rather possible.
And such altcoin could control market.
Valzzz005
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July 24, 2018, 01:02:00 PM
 #1068

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.

You are correct. Each altcoin will be controlled by it's engineer's and authors. Be that as it may, Bitcoin Controlled Whole crypto advertise. It implies Whole digital currency showcase rely upon bitcoin. In the event that Bitcoin cost increment then Other digital money cost will increment, if BTC cost derease then other cryptographic money cost will diminish.
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July 24, 2018, 01:03:40 PM
 #1069

Theoretically, such a cryptocurrency, or altcoin, which would be better than bitcoin, may well appear. And in terms of functionality, let's say such it's blockchain will solve the bottlenecks of bitcoin blockchain. Such new altcoin would be more interesting for investors for many reasons. I'm not saying that it must be in future, but it rather possible.
And such altcoin could control market.

On usability maybe there's some altcoins that better than bitcoin but if you're talking about price then I guess it's almost impossible to beat bitcoin. I've seen many altcoins with awesome function lately that bitcoin doesnt have.  


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jayveerastrullo
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July 24, 2018, 01:10:07 PM
 #1070

Until 2020 bitcoin will take control of the market. Bitcoin popularity is so huge that no altcoin can step up for now. Bitcoin  needs 8 years for it to  bloom and for the price to increase that big. So for altcoin it will take control after 2020 where bitcoin is not the number 1 in the market.

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July 24, 2018, 01:24:24 PM
 #1071

It's hard to predict now. I think that crypto field is still too young to find certain patterns. For example, not BTC is strong again, and alts are way behind it.

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July 24, 2018, 01:27:56 PM
 #1072

I think BTC and altcoin have their own advantages. BTC is technology and altcoin is technology
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July 24, 2018, 01:28:36 PM
 #1073

Scenarios are:
If bitcoin is rising altcoins is falling
And if bitcoin is falling ,altcoin is falling
Or
If bitcoin is rising altcoin is rising
 So in my opinion, bitcoin take control the market.
Wonderced
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July 24, 2018, 01:49:04 PM
 #1074

maybe, because many people use that and other people not use that for those using bitcoin will upgrade lifetime business in marketing and for the altcoin we will use that for payment.
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July 24, 2018, 01:55:18 PM
 #1075

It’s common to hear many within the community question about the feasibility of investing into altcoins whenever they’re in a sea of red (falling in value). The above analysis justifies the reason for doing so. The profit potential in investing on altcoins is enormous; that’s assuming if you have a little patience and go with fairly reputable altcoins (based on market capitalization).

It is important to note, however, that the introduction of newer coins coupled with cryptocurrencies’ extreme volatility may result in a change in the current market situation; the top 10 cryptos last year may not be the biggest coins now. Nonetheless, with some research and most of all, patience, chances are you’ll do well if you invest in some decent altcoins and hold them for a while instead of panic selling and berating yourself for not buying Bitcoin instead every time your coins dip.

Read More : https://masterthecrypto.com/bitcoin-vs-alt-coins-returns-comparison-gains-bitcoin-altcoins/
Roberttran
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July 24, 2018, 02:08:15 PM
 #1076

I think bitcoin will dominate the market over altcoin. The price of altcoin almost depends on the price of bitcoin when bitcoin discount almost all altcoin also fall in price.
bananaohnana
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July 24, 2018, 02:15:06 PM
 #1077

Exchanging with Altcoins require considerably more care. Oversights in exchanging with Bitcoins and Altcoins can influence you to lose your important venture at a brief span. Most likely that any sort of venture requires all consideration, commitment and incredible concentration that causes you stay away from botches. Besides, Bitcoin and Altcoin exchanging isn't cut for everybody. Here are a few hints that will enable you to know whether it will work for you and how to do it effectively.
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July 24, 2018, 02:18:13 PM
 #1078

I think bitcoin will dominate the market over altcoin. The price of altcoin almost depends on the price of bitcoin when bitcoin discount almost all altcoin also fall in price.

You are correct because right now price of altcoin you can see all are down and bitcoin price have rised with same percentage. So it is clear that Bitcoin will only dominate the market and other altcoin are just source of earning free bitcoin. At the end all altcoin will be sold for bitcoins only.
Charles Avilaa
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July 24, 2018, 03:58:37 PM
 #1079

I think Altcoin is a big market, but if you want to buy Altcoin, you have to buy Bitcoin and then use the Bitcoin to buy Altcoin, it's hard to find a place to buy altcoin directly and as long as the system has to buy altcoin using bitcoin, it would be very unlikely Altcoin will have a price greater than Bitcoin.
Jennifer Daviess
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July 24, 2018, 03:59:35 PM
 #1080

I think that it is not important that Bitcoin takes the lead every time. There are Altcoins working efficiently and making their position stronger in the market.
Therefore, they can take control of the market too. Paragon coin has a great road map. It is coming up with its new projects that can make it stouter and help it take the top rank.
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