Bitcoin Forum
June 23, 2024, 05:19:44 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 ... 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 [70] 71 72 73 74 75 »
  Print  
Author Topic: Bitcoin and altcoin: Who will take control of the market?  (Read 6936 times)
Sam San
Sr. Member
****
Offline Offline

Activity: 630
Merit: 250



View Profile
September 09, 2018, 06:58:38 PM
 #1381

There's a time when crypto so unforeseeable the changes on the chart as if it almost control the whole market, this is how the market works no one could predict such a move and insight to the movement maybe someone could if they are smart enough to calculate the idea of whole chart history and news, past news and so on.
bitcoin is subjugating the altcoins market and this will continue and bitcoin will only strengthen its superiority every year

Walter789
Newbie
*
Offline Offline

Activity: 210
Merit: 0


View Profile
September 09, 2018, 10:49:59 PM
 #1382

I think the cryptocurrency that can control the market is bitcoin although there are so many altcoins are seeing their ability it doesn't mean that they can be controlled the market. Bitcoin holds the biggest volume in the market that's why it can never be defeat by other. You couldn't trade or invest without buying cryptocurrency so you need to purchase bitcoin nor altcoins before starting everything in crypto world.
jpnl0005
Jr. Member
*
Offline Offline

Activity: 448
Merit: 1


View Profile
September 09, 2018, 11:04:01 PM
 #1383

currently the altcoins have been on the increase in the market as they come up almost everyday in different names and from different countries as they have different solution they are promising to proffer or currently working on but then, they all still end up been traded against the bitcoin pair in the market and then bitcoin still rules over them.
Oppang Inamo
Full Member
***
Offline Offline

Activity: 290
Merit: 100



View Profile
September 09, 2018, 11:57:52 PM
 #1384

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.


Literally, bitcoin would still win among any other altcoins in the market. Although seems to be an avid fan and optimist about Bitcoin, it is just the reality that altcoin do still even need Bitcoin to be useful and to have a great value. Hence, even if the number of altcoin nowadays are much bigger if combined and compared to bitcoin and even if they could stand without Bitcoin, their community and trust will still far from what the Bitcoin has.
bella30
Newbie
*
Offline Offline

Activity: 2
Merit: 0


View Profile
September 10, 2018, 02:42:50 PM
 #1385

While they may be in direct competition now, altcoins may eventually find their own niche and work in accord with Bitcoin, with each performing its own specific role in the market. For instance, smaller transactions for Brick and Mortar stores could utilize Litecoin while Bitcoin could be used for larger or interstate payments. Bitcoin is significantly more liquid, with a much larger market cap than any altcoin. It possesses the biggest developer ecosystem and attracts the majority of business people who create startups around it and put a lot of physical efforts, dedication, intellect, and creativity in order to make it better and more useful.
tantimutz
Newbie
*
Offline Offline

Activity: 114
Merit: 0


View Profile
September 10, 2018, 03:27:35 PM
 #1386

I don't think anyone controls the value of bitcoin or altcoin, because I think bitcoins and altcoins are interconnected, if bitcoin goes down the altcoin also experiences the effects of bitcoin. It's not easy for Altcoin to dominate the electronics market because of the tremendous influence of Bitcoin. the proof for this is that we can understand the graph in the past few years. However, we still hope that the new Altcoin will have a place in the attractive electronic money market in the near future .
regadly
Newbie
*
Offline Offline

Activity: 79
Merit: 0


View Profile
September 10, 2018, 03:38:57 PM
 #1387

I think. At a short distance, statistics can be in favor of the Alcoyne, but if he sees all the capital development in development, then bitcoin will not win.
kehed90
Newbie
*
Offline Offline

Activity: 66
Merit: 0


View Profile
September 10, 2018, 03:41:45 PM
 #1388

when viewed from the top position at the moment, of course bitcoin still dominates the crypto market, seeing the increasingly high market demand is difficult to be able to shift the position of bitcoin from the top ladder.
weisner
Newbie
*
Offline Offline

Activity: 238
Merit: 0


View Profile WWW
September 10, 2018, 03:44:28 PM
 #1389

We never know who controls the market, bitcoin and altcoin are interrelated, the price of these coins goes up and down. The possibility of the bitcoin community is able to change unstable market conditions.
Quarantine34
Member
**
Offline Offline

Activity: 304
Merit: 10


View Profile
September 10, 2018, 04:01:39 PM
 #1390

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 have idea who will take control of the market but my opinion is bitcoin will take control because He is the king, while the altcoins are alternative for bitcoin. See my point? and altcoins are so many and i think bitcoin will take control of this market also bitcoin is the highest value in the crypto. So bitcoin!
Denigmatic
Jr. Member
*
Offline Offline

Activity: 238
Merit: 1


View Profile
September 10, 2018, 04:22:16 PM
 #1391

Bitcoin is the king of all coins and will always rule. When people talk about crypto currency, bitcoin is a necessity in all aspects of crypto currency. He controls a large number of the market, the values of altcoin correspond to the movements of the bitcoins market, so control is always on the bitcoin.
vendy86
Full Member
***
Offline Offline

Activity: 490
Merit: 106



View Profile WWW
September 10, 2018, 04:27:50 PM
 #1392

Bitcoin always gonna be a kingmaker at cryptocurrency market. No doubt about that. Until now all altcoins still following Bitcoin price and I don't think its gonna be change in near future. And I also believe no one can beat Bitcoin as a market leader.

Alex_He
Sr. Member
****
Offline Offline

Activity: 490
Merit: 252



View Profile
September 10, 2018, 04:30:09 PM
 #1393

yes, maybe altcoin is also very influential on the development of market conditions. but I think the bitcoin is still more dominant than altcoin. by observing how this market moves now, I disagree with your opinion, because I think bitcoin still seems to be the reference for other coins and bitcoin is still on board and never has a signal that this can be taken control by altcoins for now. I think this will never happen for the next three or five years. I'm sure bitcoin is still king and very influential on the other coin.
annaso
Newbie
*
Offline Offline

Activity: 54
Merit: 0


View Profile
September 10, 2018, 04:40:57 PM
 #1394

Bitcoin dominance is on the rise. As long as Bitcoin has a majority of the cryptocurrency market share, it will have an effect on the value of any altcoin. i.e. Relationship between Bitcoin and altcoins are difficult to decouple. In short words bitcoin leads the way and until then, the rest of the markets must sit in limbo, unable to take control of their own destiny.
AristoteI
Member
**
Offline Offline

Activity: 574
Merit: 12


View Profile
September 10, 2018, 04:59:03 PM
 #1395

In this struggle there will be no winners and losers, because bitcoin is the basis of all crypto-currency space, and altcoyins are auxiliary currencies without which it is impossible to perform a huge number of other important functions.
mojo2208
Newbie
*
Offline Offline

Activity: 194
Merit: 0


View Profile
September 10, 2018, 05:10:02 PM
 #1396

Of course, bitcoin. At the moment, everything is happening. The price of altcoyins depends on bitcoin. Grin
isllander
Newbie
*
Offline Offline

Activity: 76
Merit: 0


View Profile
September 10, 2018, 05:23:50 PM
 #1397

I think the biton will not give its share. Even for many, it is a measure of technological success. With the growth of capitalization, its role will only be strengthened.
IndependentWild87
Newbie
*
Offline Offline

Activity: 70
Merit: 0


View Profile
September 10, 2018, 05:28:51 PM
 #1398

If we notice tie crypto market then we easy can realize that bitcoin already controlling the market and the whole market is famous only because of bitcoin.
Mandarava
Full Member
***
Offline Offline

Activity: 742
Merit: 103



View Profile
September 10, 2018, 06:14:34 PM
 #1399

Bitcoin and altcoins are like two sides of the same coin. They complement each other and help each other. They will always exist simultaneously.
shaon774
Newbie
*
Offline Offline

Activity: 112
Merit: 0


View Profile WWW
September 10, 2018, 06:16:21 PM
 #1400

Proof of authentication post

BitcoinTalk Username: shaon774

Telegram Username: shaon774

Twitter url: https://twitter.com/shaon_tweet

Facebook url: https://www.facebook.com/shetu53
Pages: « 1 ... 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 [70] 71 72 73 74 75 »
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!