Bitcoin will prevail, while other cryptocurrencies grow.

[mhsingh]

While bitcoin's price has stagnated in the last two weeks, smaller digital currencies such as ripple, stellar and tron have surged into the ranks of the largest cryptocurrencies by market capitalization.

Erik Voorhees, CEO of digital asset exchange ShapeShift, said that in contrast to bitcoin's dominance on the platform a year ago, about half of transactions on the platform now don't involve the popular digital currency at all.

However, bitcoin should still benefit from the increased interest in the "alt-coins." Analysts also point out that since bitcoin is the most established digital currency, it is often the way new investors access the cryptocurrency space.

"Bitcoin has such magnificent network effects that I don't see another alt-coin that's a little better at payments" or some other function right now, Autonomous' Sokolin said. "One of the top 10 will collapse."

[Herbert2020]

While bitcoin's price has stagnated in the last two weeks, smaller digital currencies such as ripple, stellar and tron have surged into the ranks of the largest cryptocurrencies by market capitalization.

wrong and wrong.
bitcoin price has not "stagnated", it was actually rising with a solid slow pace for the pat two weeks with one bigger faster jump when it reached the resistance.
as for XRP it has always had a huge market cap because it has billions of coins as its supply!
and Stellar got pumped hard because Coinbase said they will list it on their platform that is all!

Erik Voorhees, CEO of digital asset exchange ShapeShift, said that in contrast to bitcoin's dominance on the platform a year ago, about half of transactions on the platform now don't involve the popular digital currency at all.

ShapeShift is  a special form of exchange people use it to trade altcoins with each other. for example you dump ETH to buy LTC, you dump LTC to buy something else and so on! the volume of different coins change based on which one of them is being pumped at that point. just like any other exchange out there.

However, bitcoin should still benefit from the increased interest in the "alt-coins." Analysts also point out that since bitcoin is the most established digital currency, it is often the way new investors access the cryptocurrency space.

i disagree, the damage is more than any benefit that you are thinking of. the damage is two things:
1. damaging the image of bitcoin as altcoins are useless, buggy, scam, pump and dump and ...
2. damaging the price as when the big dumps come money usually exits through bitcoin and can crash bitcoin price too.

[sedihnya8]

While bitcoin's price has stagnated in the last two weeks, smaller digital currencies such as ripple, stellar and tron have surged into the ranks of the largest cryptocurrencies by market capitalization.

stagnant? do you not see bitcoin prices now? the price continues to grow and continue to increase. it becomes one proof that bitcoin prices are not stagnant. the price keeps recovering.

Erik Voorhees, CEO of digital asset exchange ShapeShift, said that in contrast to bitcoin's dominance on the platform a year ago, about half of transactions on the platform now don't involve the popular digital currency at all.

However, bitcoin should still benefit from the increased interest in the "alt-coins." Analysts also point out that since bitcoin is the most established digital currency, it is often the way new investors access the cryptocurrency space.

in the past one year why bitcoin prices are so dominant because not many altcoins are favorites. while at this time very much altcoin is a favorite of the holders. therefore bitcoin is no longer the most popular coin among holders.

"Bitcoin has such magnificent network effects that I don't see another alt-coin that's a little better at payments" or some other function right now, Autonomous' Sokolin said. "One of the top 10 will collapse."

it may happen that the top 10 coins will collapse, but it does not rule out that what will collapse is bitcoin if other atcoin can develop with the beat beat bitcoin price

[hugeblack]

While bitcoin's price has stagnated in the last two weeks, smaller digital currencies such as ripple, stellar and Tron have surged into the ranks of the largest cryptocurrencies by market capitalization.

Although I do not agree with you it does not matter what happened in the past, let the market speak now.
[Bitcoin 3.56%  ripple 1.85% stellar 0.60%  Tron 0.46%]

Erik Voorhees, CEO of digital asset exchange ShapeShift, said that in contrast to bitcoin's dominance on the platform a year ago, about half of transactions on the platform now don't involve the popular digital currency at all.

When I use ShapeShift, it means that I have some bitcoin and I want to exchange it into altcoins to achieve some gains.
Therefore, the conversion times are often from the Bitcoin to Xcoin "because of the ease of getting bitcoin" and then from Xcoin to Ycoin to Zcoin" because small fees compare to bitcoin."

[bitfocus]

only a handful of other Altcoins will survive as ETH etc. - but Bitcoin will remain the leader, no doubt.

[Joeyvicky]

My guy are you really sure, becuase bitcoin has prevailed long time ago. Prices are never stagnant. You see, as a mother of all coin, it is having some degree of direct or indirect effect on evry altcoin. Most other coins will grow so far as bitcoin grows.

[batang_bitcoin]

Why are you talking with those coins from the beginning? Ripple and Tron? that's nuts.

"One of the top 10 will collapse."

Why he's only pointing out to the top 10 coins? the crypto market is vast and there are other altcoins that are also losing the spotlight when bitcoin starts to take the spot again.
Stagnant as he says? we've broke $7,600 and $7,700 just for today.

[xcajun21]

Bitcoin took a significant step toward becoming a mainstream financial instrument this week and might see pretty soon the 9k level, and even 10k if ETF gets approved. Now, depends pretty much on market participations of institutions/whales or how you want to call it. XRP does get surpassed by Stellar right now though due coinbase announcement.

[Ilegendph]

However, bitcoin should still benefit from the increased interest in the "alt-coins." Analysts also point out that since bitcoin is the most established digital currency, it is often the way new investors access the cryptocurrency space.

That is where the the other reason for demand for bitcoin came from and it goes the other way around, they go hand in hand. They became competitors in market when a bearish trend takes place but vice versa when a bullish trend came.

[zalizoll]

conversion times are often from Bitcoin to Xcoin "because of the ease of getting bitcoin" and then from Xcoin to Ycoin to Zcoin "because of the small cost compared to bitcoin." That means I have bitcoin and I want to trade it into altcoin to get some profit.

[tungnhapchanvui]

I don't know why you mentioned that bitcoin has stagnated. Bitcoin will never Stagnated. It always change in order to improve itself. and It is always the best coin ever

[Renal]

Bitcoin will not be shifted from the market because with the user's bounty and the level of confidence already concerning almost all the world may be just some altcoin that will be shifted from the market but not in the near future.

[Froby]

By analyzation of past bitcoin wasn’t stagnated  for a long time . Sometime other altcoin’s effect fall on bitcoin but I think bitcoin control it’s market own.

[BitcoinHodler]

just because bitcoin is strong and will "prevail" it doesn't mean that altcoins will do the same too.
unlike what people think, bitcoin and altcoins are not connected at all. they are completely different from each other and sometimes the prices are affected only because of arbitrage opportunities but the overall movement is completely separate.
if altcoins are good they will prevail but if they are bad and only an illusion because of their pumps then they will perish.

[Dr.2x]

Increasing the crypto currency increases the bitcoin. Because most of the crypto market holds Bitcoin. Betacen's demand will increase further than before.

[quynhtrang666]

While bitcoin's price has stagnated in the last two weeks, smaller digital currencies such as ripple, stellar and tron have surged into the ranks of the largest cryptocurrencies by market capitalization.

Erik Voorhees, CEO of digital asset exchange ShapeShift, said that in contrast to bitcoin's dominance on the platform a year ago, about half of transactions on the platform now don't involve the popular digital currency at all.

However, bitcoin should still benefit from the increased interest in the "alt-coins." Analysts also point out that since bitcoin is the most established digital currency, it is often the way new investors access the cryptocurrency space.

"Bitcoin has such magnificent network effects that I don't see another alt-coin that's a little better at payments" or some other function right now, Autonomous' Sokolin said. "One of the top 10 will collapse."

you say wrong! I do not agree with your point. You say bitcoin stagnation? Has it increased from over $ 6k to over $ 8k within a week that you say is stagnant?

[cryptoscion]

Ur info is wrong bitcoin price is not stagnated from last two weeks because bitcoin price is moving slowly slowly on uptrend. bitcoin is the strongest cryptocurrency from other currency like Ripple, Dash,Litecoin and market capitalization is depend on price and bitcoin price is moving so now bitcoin market cap is more than other crypto and bitcoin price is more than $8000.

[A S Valentina]

I think it will be a good sign for bitcoin and cryptocurrency . because bitcoin hold a big place in crypto. thats why it will grow with crypto market.

[Flin+piclo]

Bitcoin is the heart of crypto currency, we all see when the price of bitcoin are rising it has the effect on the other alt coin.  And as you say the price is stagnant i don't think so.

[taquine]

While bitcoin's price has stagnated in the last two weeks, smaller digital currencies such as ripple, stellar and tron have surged into the ranks of the largest cryptocurrencies by market capitalization.

Erik Voorhees, CEO of digital asset exchange ShapeShift, said that in contrast to bitcoin's dominance on the platform a year ago, about half of transactions on the platform now don't involve the popular digital currency at all.

However, bitcoin should still benefit from the increased interest in the "alt-coins." Analysts also point out that since bitcoin is the most established digital currency, it is often the way new investors access the cryptocurrency space.

"Bitcoin has such magnificent network effects that I don't see another alt-coin that's a little better at payments" or some other function right now, Autonomous' Sokolin said. "One of the top 10 will collapse."

bitcoin has not been stagnant. bitcoin will go up and keep going up. may be currently stagnant only temporarily. see the coming months. bitcoin will penetrate a price that is more expensive than this.