Bitcoin The King Of Crypto

[mdzahed134]

If bitcoin collapses, the whole crypto system will collapse

So far, it applies to the correlation between Bitcoin and Altcoin prices. I don't know if Bitcoin disappears, then Altcoins will disappear as well. We know that altcoins are backed up by some big companies, as long as the community trust to the coins, I think they can survive even if no support from Bitcoin. At least, I see a chance for them to survive. So, it is too early saying "crypto system will collapse if Bitcoin collapses".  

If bitcoin disappears, in my opinion maybe the cryptocurrency market will collapse. There may be an altcoin that survived but surely the price fell very deep because investor confidence collapsed. Bitcoin is one of the factors why the cryptocurrency market exists and why projects are created based on the blockchain principle.

Definitely, you can't imagine cryptocurrency market without Bitcoin. Because it’s the world first virtual currency by cryptography. So, if it will be vulnerable than total crypto space go to destroy this is absolutely true. Actually, in a word BTC is the main foundation of cryptocurrency. So, without BTC how crypto will be survive it’s totally impossible i think. Obviously top 200 alts is very effective in the market and BTC dominance is 66.5% and others 33.5% credits going on the top ranking cryptocurrency.                          

[Jocuserious]

This is already and lot of time start the bitcoin king in the cryptocurrency market really i believe and i knows everyone same tell them. This is very trust we can't imagine the crypto market without bitcoin even almost I'm in here bitcoin 5 years ago still and i love also, basically this is my part of life now.

[bitzizzix]

Bitcoin has been running for 10 years and no one can replace it as the king of crypto and indeed that is not possible because bitcoin is the first digital coin in the world, and others like Altcoin or others just imitating bitcoin but not as perfect as bitcoin which continues to grow and become coins the most popular.
and besides the value of the price of bitcoin is very expensive among other coins which makes many people interested in investing in it.

[randycasino84]

Fjkhff

[djsugar]

The dominance has increased significantly which shows that BTC has gained much more trust among the community. After the bloodbath of 2018, many investors have lost trust in alt coins. They are heavily manipulated and have less volume over exchanges. Plus many alt coins died in 2018 which made people more vary of it. The price increase of BTC was not followed by alt pins this time which increased the BTC market cap as compared to alt coins.

[Edraket31]

The dominance has increased significantly which shows that BTC has gained much more trust among the community. After the bloodbath of 2018, many investors have lost trust in alt coins. They are heavily manipulated and have less volume over exchanges. Plus many alt coins died in 2018 which made people more vary of it. The price increase of BTC was not followed by alt pins this time which increased the BTC market cap as compared to alt coins.

Yes, another factor that increases the dominance in BTC is that a lot of altcoins are dying and most of them are scam, so people are really frustrated and disappointed in altcoins, so they now prefer to invest in Bitcoin rather than any kinds of altcoins, which turned out scam after few months.

[riso2015]

The dominance has increased significantly which shows that BTC has gained much more trust among the community. After the bloodbath of 2018, many investors have lost trust in alt coins. They are heavily manipulated and have less volume over exchanges. Plus many alt coins died in 2018 which made people more vary of it. The price increase of BTC was not followed by alt pins this time which increased the BTC market cap as compared to alt coins.

Yes, another factor that increases the dominance in BTC is that a lot of altcoins are dying and most of them are scam, so people are really frustrated and disappointed in altcoins, so they now prefer to invest in Bitcoin rather than any kinds of altcoins, which turned out scam after few months.

If it continues like that then I think it will be difficult for Altcoin to dominate the market because people will prefer choose Bitcoin for their long-term investment. But I think it's okay if Bitcoin dominates the market because most of us are Bitcoin lovers, not Altcoin.

[celot]

Your chart is hard to read, too many lines, what I see here is that in April bitcoin made a jump and became a springboard for some alts (jagger april fools as you say). maybe growing alts have a big tendency to change in bitcoin, but now the dominance of bitcoin is much higher in the market, so this month's movement makes 200 top coins in the same movement (if measured in satoshi value).

Of course it is going to be hard to read he condensed 200 coins and their performance in a single graph, but it is very telling, bitcoin is recovering while altcoins are not, what does this tell us? I am not sure, this could mean that investors are losing confidence in altcoins and that from now on we should not expect most altcoins to perform better than bitcoin, however this could also mean that this is a good opportunity to buy altcoins and if an altcoin season comes next year then we could see a reversal of that graph.

Bitcoin king crypto only have higeher price than altcoin, but if bitcoin still stable price for the future keep and become king crypto, for altcoin always under bitcoin if price still down and never want to back to higher price, every investor just looking with bitcoin and altcoin not their purpose for investing.

[anoufal]

The king will always be the king, despite the price it is still many times better than any altcoin

[pankajgupta]

Ya, I am absolutely agree with that Bitcoin is King of crypto. Market of everything is decreasing day by day but reverse is happening with Bitcoin. It's market is increasing day by day. A day will come when Bitcoin is the legal currency in all countries and is accepted everywhere.

[CLS63]

This chart is showing you the top 200 coins performance against bitcoin. It's clearly who is outperforming here. Bitcoin is the king of crypto. Alts got rekt specially when bitcoin made a move like Jagger on the 1st April. But that wasn't april's fools day! Or was it?

source
https://twitter.com/woonomic/status/1161320822344179720

There is no other cryptocurrency to be able to beat Bitcoin yet. Bitcoin is really 'the king of crypto' right now. But also, this doesn't mean that there won't be any to overtake Bitcoin. I believe in Bitcoin and I think it will always be among the top currencies. But I also think that we will see a new crypto to catch and overtake Bitcoin in the future.

[DaveWave]

This chart is showing you the top 200 coins performance against bitcoin. It's clearly who is outperforming here. Bitcoin is the king of crypto. Alts got rekt specially when bitcoin made a move like Jagger on the 1st April. But that wasn't april's fools day! Or was it?

source
https://twitter.com/woonomic/status/1161320822344179720

There is no other cryptocurrency to be able to beat Bitcoin yet. Bitcoin is really 'the king of crypto' right now. But also, this doesn't mean that there won't be any to overtake Bitcoin. I believe in Bitcoin and I think it will always be among the top currencies. But I also think that we will see a new crypto to catch and overtake Bitcoin in the future.

But why is it that there were some lines that were higher than bitcoin? No coin has overtaken bitcoin in market value since its start? It is possible indeed that in the future some altcoins overtake bitcoin. The main target nowadays is for crypto to become a normal currency in everyday life. But when it happens, scalability will be another issue. Bitcoin might become the first crypto to become accepted everywhere soon but altcoins may beat bitcoin when it comes to scaling.

[NeironixNV]

Bitcoin is as similar as possible to gold in all its manifestations, Bitcoins are mined, and the more people have already mined Bitcoins, the more difficult it is to mine further. The number of bitcoins that can generally be mined and put into circulation is fixed. The exchange of bitcoins occurs "from hand to hand." It is not difficult to store bitcoins, it is expensive only to receive or transfer them. Replace “bitcoins” with “gold” - each of these statements will also be valid. Therefore, bitcoin will in any case remain in the cryptocurrency market, but it is possible that in the future it will be replaced by something else from the number one position.

[princehandsome]

The dominance has increased significantly which shows that BTC has gained much more trust among the community. After the bloodbath of 2018, many investors have lost trust in alt coins. They are heavily manipulated and have less volume over exchanges. Plus many alt coins died in 2018 which made people more vary of it. The price increase of BTC was not followed by alt pins this time which increased the BTC market cap as compared to alt coins.

Yes, another factor that increases the dominance in BTC is that a lot of altcoins are dying and most of them are scam, so people are really frustrated and disappointed in altcoins, so they now prefer to invest in Bitcoin rather than any kinds of altcoins, which turned out scam after few months.

If it continues like that then I think it will be difficult for Altcoin to dominate the market because people will prefer choose Bitcoin for their long-term investment. But I think it's okay if Bitcoin dominates the market because most of us are Bitcoin lovers, not Altcoin.

generally everyone now invests in Bitcoin because it is too risky to spend money on Altcoin, for me there is no problem because if Bitcoin can provide benefits for long-term investment, why not? Bitcoin is king and I think it's very appropriate if Bitcoin dominates the market.

[cotton ball]

More than 200 altcoin listed on exchange market but bitcoin become king of altcoin right now, with higher price by bitcoin I think is no doubt anymore with bitcoin become king of crypto. Maybe when have other altcoin can on higher price than bitcoin I think is time for bitcoin have lost position become king crypto but impossible can see because many altcoin still have lower price.

[rmhuntley]

A legit shirt that saying Bitcoin is the true king and everyone in the forum sure knows that I guess there's no doubt about it if you look at the Coinmarketcap site Bitcoin truly dominates the price range, the market cap, and volume percentage,

But seeing your chart example just got me confused about the so much lines and it kind of a smudge in my opinion, But anyway it only refers to the number of coins Bitcoin had beaten I guess.

Good t-shirts with Bitcoin writing are Crypto Kings. Indeed all investors also agree if Bitcoin is king in the crypto.

I also agree what you said about the confusing charts to see regarding Bitcoin charts and Altcoins. I can not understand it.

[White Christmas]

A legit shirt that saying Bitcoin is the true king and everyone in the forum sure knows that I guess there's no doubt about it if you look at the Coinmarketcap site Bitcoin truly dominates the price range, the market cap, and volume percentage,

But seeing your chart example just got me confused about the so much lines and it kind of a smudge in my opinion, But anyway it only refers to the number of coins Bitcoin had beaten I guess.

Good t-shirts with Bitcoin writing are Crypto Kings. Indeed all investors also agree if Bitcoin is king in the crypto.

I also agree what you said about the confusing charts to see regarding Bitcoin charts and Altcoins. I can not understand it.

It is obviously that the king of the crypto is the bitcoin as we cann see already in the coinmarketcap in which bitcoin is the one who have the highest value and one of the highest volume. We can also see that bitcoin is the superior especially in terms of every coins because bitcoin is the one who are the senior and above all of the coins. Bitcoin is above all ripples and altcoins. When you are referring to the chart then it would be probably hard because it will takes time in order for you to understand what the market graph is and how it flows.

[piebeyb]

bitcoin is the king of all crypto currencies, isn't it already obvious if there is no bitcoin then there is no Altcoin or other crypto currencies, usually market influence because all altcoin crypto currencies have a pair on BTC, so people are not aware sell their Altcoin and buy it's BTC and the trading volume will continue to be high for Bitcoin

[Edraket31]

bitcoin is the king of all crypto currencies, isn't it already obvious if there is no bitcoin then there is no Altcoin or other crypto currencies, usually market influence because all altcoin crypto currencies have a pair on BTC, so people are not aware sell their Altcoin and buy it's BTC and the trading volume will continue to be high for Bitcoin

For now since Bitcoin has been the successful crypto currency then it is considered as the King or the father of crypto and no doubt that it has been useful to the community. With this, a lot of people has change their life, a lot of people has become curious and tried creating their own blockchain, own digital currency too, meaning it opens a lot of opportunity in the whole world.

[Meowth05]

This chart is showing you the top 200 coins performance against bitcoin. It's clearly who is outperforming here. Bitcoin is the king of crypto. Alts got rekt specially when bitcoin made a move like Jagger on the 1st April. But that wasn't april's fools day! Or was it?

source
https://twitter.com/woonomic/status/1161320822344179720

There's no doubt that Bitcoin is the king of crypto. If you are going to have an analysis, for almost 10 years existence of Bitcoin most of altcoins are depending on its move for example if Bitcoin dip and so alts will do the same. In addition, most of crypto transaction such as trading and investments Bitcoin is always involved. Bitcoin is the most liquid in the market, and it also have the highest volume that is why it can be considered as King of Crypto.