Btc 100% in control of the market may not end

[mlawson71]

I think "never" is too long a term to know anything with certainty. Yes, Bitcoin is king now, but anything can happen in the not so near future. I think it's prudent to consider all options.

[satpol_PP]

I think "never" is too long a term to know anything with certainty. Yes, Bitcoin is king now, but anything can happen in the not so near future. I think it's prudent to consider all options.

If you predict at the near future anything can happen, I don't agree.
Bitcoin is still strong and remaining their position on CMC.
Maybe for the next 7 years again, It will be.

[alltalk]

What do you mean by "in control of market"?
In theory, Bitcoin price cannot be controlled although sometimes it can be manipulated by whales. Not sure how Bitcoin price to be controlled as you mean, but I think it is still about the demands on the market. Whenever there is a big demand, Bitcoin price to increase significantly. But whenever people hear bad news about Bitcoin or crypto, the demands become drop and the price will decline.

[IyemRoker]

The real force in the cryptocurrency market is Bitcoin.
Bitcoin as a parent, Bitcoin as a disease or maybe Bitcoin as a role model. Also , you can check all history chart comparison for BTX x Altcoins .
I can speak like this because Bitcoin is something very unique and easy to understand to invest, only by storing it in a digital wallet or hardware wallet, our lives will change in just 10 years. LOL

[therozaq]

I has observed that since the market pick up from the downtrend, now for about two weeks, Bitcoin has proven to be the controller of the crypto price movement, unfortunately  there Ether and entire altcoins may not break out of this dominance as long as crypto exist. What are thoughts?

If you talking bitcoin control market, I didn't agree with this.
Bitcoin just affect market as the king of crypto currency, when bitcoin pump almost all of crypto currency will pump.
But demand and supply which control market.
When demand high, the price will pump.

[Senin]

I has observed that since the market pick up from the downtrend, now for about two weeks, Bitcoin has proven to be the controller of the crypto price movement, unfortunately  there Ether and entire altcoins may not break out of this dominance as long as crypto exist. What are thoughts?

I think bitcoin price dominance will eventually end anyway. This dominance is steadily falling because altcoins are developing faster and their role is increasing. Capital as a whole flows into altcoins. If not so long ago the dominance of bitcoin was about 70 percent, then for a long time it has been at the level of 40 percent.
I also do not think that the loss of Bitcoin price dominance will negatively affect the cryptocurrency market. This should give more freedom to altcoins.

[Freemind]

I think "never" is too long a term to know anything with certainty. Yes, Bitcoin is king now, but anything can happen in the not so near future. I think it's prudent to consider all options.

Bitcoin can always dominate the market, but I don't see a problem if that happens. Bitcoin is the first idea and the first execution of cryptocurrencies and the birth of the blockchain, It will always be the currency that receives the most attention from the market and in which the most people want to invest, dethroning it from its throne will not be easy, not even for the big altcoins that are now on the market nor for those that may appear in the future.

[Fenix]

Of course, the price dominance of bitcoin in the cryptocurrency market will end someday and it will be absolutely logical. The functional indicators of bitcoin have long been practically standing still, while altcoins are developing and improving very quickly. Therefore, the price diminution of bitcoin has decreased to the level of 40 percent and this trend is likely to continue.

[Bobcrypto]

I has observed that since the market pick up from the downtrend, now for about two weeks, Bitcoin has proven to be the controller of the crypto price movement, unfortunately  there Ether and entire altcoins may not break out of this dominance as long as crypto exist. What are thoughts?

Yeah, I think bitcoin will dominant until the crypto will end because until now there's not potential coin which replace bitcoin domination.

I do not agree with this opinion. Now altcoins are developing at a very fast pace. A certain part of them are quite promising and investments that were previously intended for bitcoin go into these altcoins. Bitcoin, on the other hand, is practically not being improved, its competitiveness is already very weak. Its popularity is largely based on people's belief that its price will continue to rise rapidly for a long time to come. If that doesn’t pan out, bitcoin’s price dominance will fall very quickly. Now bitcoin will still slowly lose the percentage of its dominance and in the future it will inevitably lose it.

As a matter facts, whether Bitcoin dominance is going down or no, as far as the market movement is concerned, Bitcoin still determine the market prices of altcoins. You may check history of altcoins price to see if there has been any time certain altcoins ever moved for 24hour when BTC is going downtrend for the same 24hours.

[Vx1]

Of course, the price dominance of bitcoin in the cryptocurrency market will end someday and it will be absolutely logical. The functional indicators of bitcoin have long been practically standing still, while altcoins are developing and improving very quickly. Therefore, the price diminution of bitcoin has decreased to the level of 40 percent and this trend is likely to continue.

if I think that the dominance of Bitcoin will continue, even though there are times when the dominance goes down but in the end it goes up again.  I think if it is not Bitcoin that dominates this crypto market, then is there another coin that will be able to replace it?

[damsix]

Bitcoin can be trusted for all investors because Bitcoin has a very high level of interest and even Bitcoin really becomes something very unique if we have to look at the history of its creation.
I feel Bitcoin is the main cryptocurrency that will continue to control the crypto market because every step that has a positive effect then all altcoins also rises slowly and if there is negative news then Bitcoin and altcoisns immediately dump quickly.

[trauchot]

All cryptocurrencies have always repeated all the movements of Bitcoin, if the price of Bitcoin began to fall, then the prices of other cryptocurrencies also began to fall, but there were times when altcoins separately from Bitcoin grew or fell in price, but basically Bitcoin set the course for altcoins and I think in the near future nothing will change, so for now it's not even worth thinking about it.

[jonathancool220]

Bitcoin has an irreplaceable charm in the hearts of its fans and until now the interest in owning Bitcoin is so high that the market cap level is also very large and continues to be number 1 in the entire cryptocurrency market.
I feel that Bitcoin will continue to be the prima donna coin and continue to be the leader for the other coins that are included in Coinmarketcap and this will control all the rising and falling prices of altcoins.

[aiviaa485]

All traders and investors trust Bitcoin more.
Not all traders and investors believe in altcoins.

We can't discuss for more again with Bitcoin because Bitcoin is the King of Cryptocurrency.
This statement is really enough for us to believe that Bitcoin can continue to dominate the market so that Bitcoin will continue to be a pioneer for all existing altcoins. Simple right ?

[sampoerna]

It is because of the dominance of Bitcoin over all cryptocurrencies. Altcoins will commonly follow the movement of Bitcoin. Once Bitcoin is crashed, altcoins will be also following to bebloodbath. Bitcoin is the most trusted and pioneer. That is why altcoins will depend on Bitcoin market