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Author Topic: Bitcoin and altcoin: Who will take control of the market?  (Read 6936 times)
Malamok101
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August 05, 2018, 02:10:48 AM
 #1141

Investors are dependent on the price of the market and it controls the investors because it depends on what people will do when I will hold them or sell them at their prices.

Jay51
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August 05, 2018, 02:12:26 AM
 #1142

Bitcoin is the king of the market and all others coins are totally dependent on the bitcoin. Fluctuations in BITCOIN directly effect the market price of other coins in the crypto market.
athlete
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August 05, 2018, 02:31:59 AM
 #1143


At the moment, bitcoin takes the first position among the crypto currency, and only time will tell if someone can bypass it
Stephanie Hoffmann
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August 07, 2018, 09:58:47 AM
 #1144

Everyone knows that it is bitcoin
Robert12312
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August 07, 2018, 10:03:17 AM
 #1145

Bitcoin still a king coin and  the market-driven coin! Most altcoins are traded through BTC / Altcoin pairs.
I think there is a need to change the dependence of altcoin prices on BTC in the coming time.
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August 07, 2018, 10:09:28 AM
 #1146

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.

Both altcoin and bitcoin will take control of the market because bitcoin without these altcoins means that there could be a huge downfall on it since the market cap volume for altcoins now is relatively going stronger each day and it will be possible that it could beat bitcoin market price balance because there are so many altcoins in the market and if you combine those then probably it will surpass bitcoin market cap volume.
Hilary P. Payne
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August 07, 2018, 10:26:16 AM
 #1147

Definitely bitcoin then
John Chen
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August 07, 2018, 10:43:01 AM
 #1148

If bitcoin prices change, altcoin prices will fall.
PrissMCclen
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August 07, 2018, 10:49:16 AM
 #1149

Bitcoin is the father, btc controls the market and as long as btc controls there's will be no chance for alt, that's why everytime btc crumble alts suffer too even more than btc it's self

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denzkilim
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August 07, 2018, 11:27:04 AM
 #1150

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.

Both altcoin and bitcoin will take control of the market because bitcoin without these altcoins means that there could be a huge downfall on it since the market cap volume for altcoins now is relatively going stronger each day and it will be possible that it could beat bitcoin market price balance because there are so many altcoins in the market and if you combine those then probably it will surpass bitcoin market cap volume.
I simply do not agree that both Bitcoin and Alternative crypto currencies control the market and I think that your point of view is freaking wrong bro, because if you'll see in here

The volume of Bitcoin is extremely high compared to those alternative crypto currencies below Bitcoin and how would those alts beat Bitcoin if they are all combined? Huh
If you see in this next image

Bitcoin's dominance is 47.6% which means 52.4% dominance are from alternative crypto currencies right? and this doesn't show that Bitcoin is already beaten down by alts, Why? If you study the chart of Coinmarketcap and take a look at Bitcoin, whenever Bitcoin is going down almost everything below Bitcoin is going down too and this clearly shows that every alternative crypto currencies are dependent on Bitcoin and even the combined market capitalization of every alt coins are combines it still means nothing compare to the market control of Bitcoin. Cool
bitcoinman93
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August 07, 2018, 11:29:57 AM
 #1151

If bitcoin prices change, altcoin prices will fall.

it's when the news are related to cryptocurrencies in general, but you can see altcoins growing even bitcoin is stabilized in case there is a launch of the platform or product.
Mrconnect
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August 07, 2018, 11:30:25 AM
 #1152

From now till the foreseeable future, Bitcoin will still dominate the cryptocurrency market. The price margin between Bitcoin and altcoins, even with the recent price growth of altcoins, support my claim. And, you do not expect the Bitcoin to sit there waiting for altcoins to overtake it. The Bitcoin is also going to increase in price soon enough.
Marbelli
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August 07, 2018, 11:38:31 AM
 #1153

bitcoin is unique. there is no point in doubting this

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bitfocus
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August 07, 2018, 11:44:13 AM
 #1154

Bitcoin will be the controller, no worries.
Ahimoth
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August 07, 2018, 11:51:35 AM
 #1155

Definitely bitcoin then
No hesitation and doubt but I will choose bitcoin always. Bare with me for being biased but that's what I believe. Well I respect altcoin as a system but I just love bitcoin so my support will always be there. I strongly believe that it willis take over the market for more coming years and it will be number as it develops over the years.
AliMan
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August 07, 2018, 11:54:39 AM
 #1156

Definitely bitcoin then
This is a hard question since both coins has their own advantages and both of them are really good. But if I'm going to choose one I really agree that it will be bitcoin which will take over of the market. I think it has the edge over altcoin in many different ways and I believe that it is advanced system compare to altcoin.

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sonofliberty
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August 07, 2018, 04:30:06 PM
 #1157

I believe that bitcoin will be still on the top of the stage because it is considerable by government as a next payment method and they even do not think about alternative cryptocurrencies the way they think about Bitcoin.

shushu9977
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August 07, 2018, 04:48:50 PM
 #1158

Though Altcoin is dominating and more progressive, but I believe that we can not think without Bitcoin which takes control of the market from many years still now. Therefore, at present we should say that Bitcoin is the king of all crypto-currencies jungle. There are few coins which are always dominating and dynamic, because few coins have few specialty, good features, better qualities and characteristics. 

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crypto.nik11
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August 07, 2018, 04:51:20 PM
 #1159

IMHO altcoins are still very dependent with Bitcoin. Just look at the most recent bearish market. Bitcoin's price is also dragging down the altcoin market. Alts are still growing and maybe in the near future they might take control of the market. For now, btc is still on top.
svetochka.yakovleva.93
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August 07, 2018, 06:48:07 PM
 #1160

bitcoin is a very strong crypto coin, but we need competitors! if the bitcoin has other high-capitalization krypto coins, then the market will not pay attention to the drop or growth of bitcoin! then the market can grow evenly up! But bitcoin in any case will be a very strong crypto coin in the crypt world!
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