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Author Topic: Bitcoin and altcoin: Who will take control of the market?  (Read 6936 times)
ninokh
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August 10, 2018, 04:02:04 AM
 #1181

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.


of course, in my opinion, controlling the market is bitcoin because bitcoin is the first digital currency. and if we want to buy altcoins we have to buy with bitcoin or eth so it is impossible for Altcoin to control the market. Altcoin price movements must follow bitcoin. let's look at coinmarketcap when bitcoin goes down, most altcoins also go down. on the contrary when bitcoin rises, altcoin also rises.

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CharlesCorley
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August 10, 2018, 04:41:26 AM
 #1182

I must say bitcoin will take control in fact it is still controlling and there is no compare between Bitcoin and ALTcoin because altcoin still needs bitcoin in order to run.
hanters
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August 10, 2018, 04:52:18 AM
 #1183

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.


I don't agree with you I think bitcoin remains the leader of the altcoin. although now the price of bitcoin has dropped but there will be no altcoin that can replace the position of bitcoin. bitcoin remains the market controller because when we want to invest in altcoins we have to buy it with bitcoin or eth so I think bitcoin will remain a market controller.
zubrr51
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August 10, 2018, 04:54:19 AM
 #1184

The control of the altcoins will not happen soon. While most people trust more Bitcoin, plus it's more popular.

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xuzukami
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August 10, 2018, 04:57:19 AM
 #1185

Altcoin is still completely dependent on Bitcoin. It is not easy for Altcoin to dominate the electronics market because of the tremendous influence of Bitcoin. The evidence for this is that we can understand charts of the past few years. However, we still hope that the new Altcoins will have a place in the exciting electronic money market in the near future.
Karakas
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August 10, 2018, 06:08:21 AM
 #1186

actually there is no one controlling bitcoin or altcoin, determining the price of crypto currencies based on market demand, which is also a big investor also plays a role in the ups and downs of the value of bitcoin and altcoin
Janation
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August 10, 2018, 06:14:02 AM
 #1187

No bitcoin can compete with bitcoin.

And you're saying that there are a lot of Bitcoin that you can say that there will be no Bitcoin that can compete with Bitcoin? There is not other Bitcoin than Bitcoin, Bitcoin is the only Bitcoin we know.

Bitcoin is the most popular and there are a lot of investors waiting for its price changes or movement and that is obvious that Bitcoin will create a great effect on the market. It will not control the market since that is not a thing for Bitcoin or any other altcoin but it will be leaving a huge effect especially when the great investors create another big investments.
scholars
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August 10, 2018, 06:28:22 AM
 #1188

Bitcoin dominance on in the currently market there for all to see.. Bitcoin will always control the market price .. Any time there is a dip in the price of Bitcoin, all other altcoin is affacted too ..When Bitcoin goes up in Bitcoin in price ,you will also witness the rise of altcoin.. 
Bitcoin will always control the market prices
silentgenius
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August 10, 2018, 06:35:14 AM
 #1189

bitcoin is the most popular coin in these industry but it depends on the high value of each other which is the bitcoin and altcoin.
Raufjoze
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August 10, 2018, 06:36:53 AM
 #1190

nobody controls the value of bitcoin or altcoin, because in my opinion both bitcoin and altcoin are interconnected, if bitcoin goes down the altcoin is also experiencing the effects of bitcoin
fipper
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August 10, 2018, 07:00:18 AM
 #1191

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.

if you look at the price and its development right now your opinion is correct but no one can know for certain how in the future cryptocurrencies will develop for me to take advantage of the opportunities that exist to get profit
Mlowo
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August 10, 2018, 07:13:32 AM
 #1192

my opinion that will control the market is bitcoin, because no one can beat the high price of bitcoin, the highest bitcoin price and no one can beat it

prabowo499
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August 10, 2018, 07:56:15 AM
 #1193

The coin price controller in cryptocurrency is still bitcoin because he is the mother of all the coins, so the high and low price of bitcoin will also affect the coin-coin price or token that is currently available. Bitcoin is a price benchmark that will be bought or sold.
Mikwik
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August 10, 2018, 09:22:03 AM
 #1194

Of course Bitcoin will take control of the market how can u think about altcoin could over come BTC.
It is really common to people rather than the other alts like Ripple ,eth or other altcoins. Bitcoin is really great to invest on it
ggg123
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August 10, 2018, 09:29:46 AM
 #1195

Bitcoin already has the control of the market. From the beginning we all know that btc leads the market. It has the power to dominate the market and i think altcoins don’t have that much chance to take control. Anyway, time will tell the answer.
seanskie18
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August 10, 2018, 09:43:49 AM
 #1196

As what I've observed, bitcoin has the hightest value this time compare how high the value of altcoin. So I think bitcoin will take control of the market. But when the time goes by the value of altcoin will become higher same as how high the value of bitcoin right now because many people will become interested about altcoin. So I think in the future, bitcoin and altcoin will both take control of the market.

bezygly
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August 10, 2018, 10:03:12 AM
 #1197

Bitcoin is the index of the entire crypto currency, and they directly depend on it. Of course, many creators of other coins dream of overtaking bitcoin, in order to destabilize the community, deceive, crash the market, I think often their task is to sell you it is not clear what, and get bitcoin.
Courtneyhardy89
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August 10, 2018, 10:10:21 AM
 #1198

I think no one can handle Bitcoin and Altcoin. They are based on the level of investment of the investors and the popularity of the market in which its value goes up.
KINGCHACHA1
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August 10, 2018, 10:13:24 AM
 #1199

People normally invest in where there is a little an atom of stable. The rate at which alternatives coin are easily dump is what is driving most investors toward bitcoin, that is why bitcoin will continue dominant the coinmarketcap.
tonyvo2017
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August 10, 2018, 10:25:39 AM
 #1200

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.

I think the altcoins will not be able to control the market like Bitcoin. The altcoin is now on the road like Bitcoin before. Bitcoin has reached a new stage of development. It is well known. Bitcoin is also believed to be used in more transactions than altcoins.

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