Bitcoin and altcoin: Who will take control of the market?

[Sam San]

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]

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]

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]

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]

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]

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]

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]

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]

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]

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]

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]

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]

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]

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]

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]

Of course, bitcoin. At the moment, everything is happening. The price of altcoyins depends on bitcoin.

[isllander]

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]

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]

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]

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