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Author Topic: Which one will take control over the market, Bitcoin or alt coin?  (Read 3290 times)

Offline Confero

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Re: Which one will take control over the market, Bitcoin or alt coin?
« Reply #15 on: June 30, 2022, 05:46:48 PM »
Bitcoin has been in control of the market since its inception and it appears that no alt coin can displace it from the first position. This is evidenced through the comparison of the market capitalization of Bitcoin and the other coins.
Actually it is humans who control the Crypto market, not Bitcoin or any Altcoins.  However, because Bitcoin is the main coin, many people trade this coin in large quantities. So that the market capitalization of Bitcoin is always the highest and what happens to the price of Bitcoin is usually always followed by other Altcoins.

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Re: Which one will take control over the market, Bitcoin or alt coin?
« Reply #15 on: June 30, 2022, 05:46:48 PM »

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Offline I-Bit

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Re: Which one will take control over the market, Bitcoin or alt coin?
« Reply #16 on: June 30, 2022, 11:59:12 PM »
Bitcoin, so far, Bitcoin is, and later Bitcoin will be still the one that influence the market.
We may never see that altcoin price will influence the Bitcoin and will control the price of all altcoins. So far, Bitcoin really holds it, the one that can give big influences to the market codnition.

Offline olafimihan1986

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Re: Which one will take control over the market, Bitcoin or alt coin?
« Reply #17 on: July 03, 2022, 03:45:55 AM »
Since the introduction of Cryptocurrency and Blockchain technology, Bitcoin the first Cryptocurrency has been been dominating over other crypto coins like Ethereum and Altcoins that came after it.

In terms of market price, Bitcoin has the highest price when compare to Ethereum and Altcoins, this high market price has made Bitcoin to be the black gold in the crypto world because 1 BTC worth thousands of Ethereum and billions of Altcoins.

So Bitcoin is incomparable to the altcoins and Bitcoin will continue to have dominance and influence over the altcoins.

Offline olafimihan1986

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Re: Which one will take control over the market, Bitcoin or alt coin?
« Reply #18 on: July 03, 2022, 03:57:49 AM »
Bitcoin has been in control of the market since its inception and it appears that no alt coin can displace it from the first position. This is evidenced through the comparison of the market capitalization of Bitcoin and the other coins.
Actually it is humans who control the Crypto market, not Bitcoin or any Altcoins.  However, because Bitcoin is the main coin, many people trade this coin in large quantities. So that the market capitalization of Bitcoin is always the highest and what happens to the price of Bitcoin is usually always followed by other Altcoins.

Yes! You are right, it is human that controls the all the activities (such forex, spot  and future trading) in the crypto markets but Bitcoin has a crypto coin has been the big boy with the highest market price and also has dominance and influence on the market price of other coins/tokens in the crypto market.

Offline Ghozrd

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Re: Which one will take control over the market, Bitcoin or alt coin?
« Reply #19 on: July 03, 2022, 05:18:28 AM »
Bitcoin Holders are stronger than Altcoin Holders, that's what I see, 2 million tokens never come out of Sathosi wallet and Whales in the top 10 list only issued Bitcoin in a few months, this is what makes Bitcoin price go up, because of the Number of Holders and they don't sell like altcoins do.
Altcoin's market cap will increase if new Altcoins have Holders like BTC, thus new investors will buy at high prices and continue like that.
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Offline cheezcarls

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Re: Which one will take control over the market, Bitcoin or alt coin?
« Reply #20 on: July 03, 2022, 02:26:07 PM »
Bitcoin has been in control of the market since its inception and it appears that no alt coin can displace it from the first position. This is evidenced through the comparison of the market capitalization of Bitcoin and the other coins.

Of course no altcoin will beat the almighty Bitcoin when it comes to controlling the market. Bitcoin is the most widely used cryptocurrency right now, so it’s impossible for Ethereum and the rest of the altcoins to overtake Bitcoin once and for all in terms of market capitalization.
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Offline Master107

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Re: Which one will take control over the market, Bitcoin or alt coin?
« Reply #21 on: July 03, 2022, 03:44:53 PM »
Always Bitcoin. Altcoins are following the movement of Btc. Of course not all altcoins are meant to follow all the time you know for some instances there were/are altcoins able to rise even the market is bloody. Dominance of Btc matter.

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Re: Which one will take control over the market, Bitcoin or alt coin?
« Reply #21 on: July 03, 2022, 03:44:53 PM »


Offline Seerge

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Re: Which one will take control over the market, Bitcoin or alt coin?
« Reply #22 on: July 03, 2022, 04:22:58 PM »
Always Bitcoin. Altcoins are following the movement of Btc. Of course not all altcoins are meant to follow all the time you know for some instances there were/are altcoins able to rise even the market is bloody. Dominance of Btc matter.
I agree, the dominance of the Bitcoin market within the Crypto market is huge. No one will be able to beat it, Bitcoin will always be number one.

Offline KaliLinux

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Re: Which one will take control over the market, Bitcoin or alt coin?
« Reply #23 on: July 12, 2022, 09:57:06 AM »
Bitcoin has been in control of the market since its inception and it appears that no alt coin can displace it from the first position. This is evidenced through the comparison of the market capitalization of Bitcoin and the other coins.
I agree with you. Let us not forget that this comparison is Bitcoin against every other Alts in terms of this market capitalization and not just a single Alt, this is to show us that Bitcoin is inevitably the best, It is Bitcoin against the rest and Bitcoin will continue to control the market except there will be a single Alt that can overtake Bitcoin in that sense.

Offline Max Way

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Re: Which one will take control over the market, Bitcoin or alt coin?
« Reply #24 on: July 12, 2022, 03:29:36 PM »
I agree with you. Let us not forget that this comparison is Bitcoin against every other Alts in terms of this market capitalization and not just a single Alt, this is to show us that Bitcoin is inevitably the best, It is Bitcoin against the rest and Bitcoin will continue to control the market except there will be a single Alt that can overtake Bitcoin in that sense.
Indeed at this time the crypto market is very dependent on the price of bitcoin. do you think this is something good or bad?. Considering if the dependence of something is very unbalanced, no matter how good a project other than BTC is.

Offline kirshna01

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Re: Which one will take control over the market, Bitcoin or alt coin?
« Reply #25 on: July 17, 2022, 07:58:22 PM »
Bitcoin has been controlling the market and will control Bitcoin in the future. Altcoins follow bitcoins When the price of bitcoin falls, the value of most altcoins also falls.
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Offline Alichlas92

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Re: Which one will take control over the market, Bitcoin or alt coin?
« Reply #26 on: July 19, 2022, 11:52:46 AM »
I see that although cryptocurrencies other than btc also have strong fundamentals and good projects, none of them are able to come close to the market cap of btc. Does Alt Coin CEO have to keep burning more coins until only a few million coins are left on the market?
right now it is btc or people who transact btc in the market who dominate the market..

 

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