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Author Topic: Bitcoin and altcoin: Who will take control of the market?  (Read 6982 times)
MiukoOk
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August 23, 2018, 01:48:17 AM
 #1281


To date, BTC still dominates and controls the crypto market as its market capitalization accounts for over 51%. It is not easy for the Altcoin to change and bring down the BTC and it is difficult to say. The impact of Bitcoin on the Altcoin is huge, the change BTC can make the market move in the negative direction. So, according to me, BTC is still king in the electronic money market.
Hasbro27
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August 23, 2018, 02:05:11 AM
 #1282

I don't think anyone can control the market movements of bitcoin and altcoin, market price movements depend on market participants, if demand is high then prices will rise and vice versa
RiotCats
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August 23, 2018, 07:47:35 AM
 #1283

I wish the majority of the alt-coins would dry up - most of them seem like scams to make tiny pools of people rich by pumping and dumping the price ... It makes the whole concept of cryptocurrency seem scammy

Blockchain-based game about restless cats in a post-apocalyptic world
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delightme
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August 23, 2018, 08:47:01 AM
 #1284


I think as the first cryptoccurrency that is being created before other coin, bitcoin is still taking control of the market. Bitcoin price rises and drop so shall other coin raise and drop too because they are still depend on the bitcoin as the king of all coins and the its prices control other coins, bitcoin controls many markets
Shakyamuni
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August 23, 2018, 08:49:00 AM
 #1285

The current market trend has shown that only Bitcoin can control the market, and no altcoin can control Bitcoin. This is a fact that cannot be changed so far!
Bondho Kompeni
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August 23, 2018, 08:53:06 AM
 #1286

Bitcoin currently controls about 52% of the total marketcap, whereas currently it is registered with more than 1800 coins and tokens, this shows that bitcoin is too strong and dominant so I prefer to make bitcoin a major investment compared to altcoins.


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bits4books
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August 23, 2018, 10:49:12 AM
 #1287

Obviously all the countries in the world are thinking about Bitcoin in terms of accepting and becoming a currency, so bitcoin is the one to take control over the market, it is unavoidable.
cryptonewsID
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August 23, 2018, 10:56:12 AM
 #1288

I don't think anyone can control the market movements of bitcoin and altcoin, market price movements depend on market participants, if demand is high then prices will rise and vice versa
true if prices rise then the market demand is very high and it affects the coins that will go up, either altcoins or bitcoins depending on the volume available.
redhorsebeer1980
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August 23, 2018, 10:57:39 AM
 #1289

I would like to say it is still Bitcoin will take control in the market as Altcoin are only depending on the price of Bitcoin.Bitcoin will still be the best coin in crypto world.
Cryptokarl
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August 23, 2018, 04:24:55 PM
 #1290

I believe Bitcoin is the mother of all cryptocurrency as it is the first ever crypto and also, it is the most traded cryptocurrency since inception of cryptocurrency. So, I favour Bitcoin to control and dominate the market just as it used to
SkustaClee
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August 23, 2018, 04:38:15 PM
 #1291

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 has the highest capitalization of all time in the cryptocurrency market, the bitcoin is currently  controlling the market and I know that there are no altcoins that can beat bitcoin.
samuelmanta
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August 23, 2018, 05:51:49 PM
 #1292

Bitcoin is the benchmark for altcoin prices, when the price of Bitcoin falls, Altcoin falls, when the price of Bitcoin rises, Altcoin rises.
There are no other coins that can challenge Bitcoin now. Altcoin may continue to increase now and then but there is no possibility that one of them might pursue Bitcoin or its market capitalization. Their prices are interrelated and I don't see any way in which Altcoin will take over bitcoin. Bitcoin is the king who will not be defeated by all cryptocurrency in the next few decades.
vladmamedov657
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August 24, 2018, 03:50:51 PM
 #1293

definitely bitcoin Wink
kagawawa
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August 24, 2018, 04:08:11 PM
 #1294

Holding the market and determining the existence of the entire coinmartketcap system is Bitcoin. Because it is the blood vessel of the crypto system, even if the bitcoin is reduced, ICOS goes bankrupt.
georgiasus
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August 24, 2018, 04:09:47 PM
 #1295

I think that the best alternative to bitcoin in 2018 will be ETH and LTC, but you should not forget about bitcoin either, because it must be in the portfolio as the most crypto currency.
Wittycoin
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August 24, 2018, 04:15:40 PM
 #1296

The one who are taking control of the market are ofcourse the people who are using Bitcoin and altcoin, the movement of the market depends on the users. But the whales are most likely really the one who can control or manipulate the market.
Denigmatic
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August 24, 2018, 04:47:31 PM
 #1297

If we consider the track record of bitcoins and altokones, I think that bitcoin will successfully use market control. Bitcoin also remains dominant until now. In addition, bitcoin has a larger market and has more support than bitcoin. Although, perhaps one day altcoin will beat bitcoine, but I think that this is impossible now.
theyRmose
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August 24, 2018, 05:17:44 PM
 #1298

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 bitcoin, because as I see most altcoins will be converted into bitcoin in exchange.
the goal is to get bitcoin.
1van__
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August 24, 2018, 05:45:42 PM
 #1299

uniquely, bitcoin is the leader in the crypto-currency market and it will soon rise in price, so analysts say
Fmradio98
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August 24, 2018, 05:57:16 PM
 #1300

Definitely, In my own viewpoint bitcoin will take the market eventhough it is as yet experiencing value diminish. Yet at the same time it will take control the market since I know it can recuperate as quickly as time permits and it can even build its cost as its appear.
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