Will alt coins take over Bitcoin and control the market?

[Jaephoenix]

I don't think so. Why? Bitcoin has garnered so much on its community, it has come to stay. And its got utility now, coupled with the followership. So its gonna be a tough ask

[Tokenista - Rev. Sasha Van Kush]

Everyone needs to come join VKRW.

[shadowdio]

We are now 2022 and bitcoin still on the top.. There is no altcoins that will take over the bitcoin and control the market.. Don't expect that there is an altcoin will replace bitcoin because bitcoin is the most popular of all cryptocurrencies..

[innerpumper]

This can happen if bitcoin's dominance is lower, it will usually enter the volume of the altcoin so that there is an alt season. Usually we always calculate the dominance of bitcoin to find out when the altseason occurs. Even though it's very difficult even rarely I'm sure in some time it will happen. But, when the current bear market conditions, the movement of altcoins tends to follow the movement of bitcoin.

[aiviaa485]

It is too difficult for altcoins to dominate the cryptocurrency market because Bitcoin's dominance has been strong since it was first created and that has been the case for a long time, and maybe since 2011 Bitcoin has also dominated the cryptocurrency market.
I feel that altcoins are really difficult to compete with Bitcoin in controlling the market because I believe the altcoins market is around 30% compared to the Bitcoin market which has about 70%.

[Alcor]

We are now 2022 and bitcoin still on the top.. There is no altcoins that will take over the bitcoin and control the market.. Don't expect that there is an altcoin will replace bitcoin because bitcoin is the most popular of all cryptocurrencies..

Nothing is impossible in the cryptocurrency market. Especially where it is connected with the popularity of the coin. We've seen a long time ago just how popular Terra was and how quickly it fell. Bitcoin has nothing to brag about, except for the safe operation of the network and popularity. In cryptocurrencies, things change very quickly, often and will continue to change. The current popularity of bitcoin as a whole depends on its ability to grow in price. If bitcoin stops in price terms, and it will happen anyway, then its price and capitalization level will immediately begin to fall. It must be remembered that cryptocurrency is always a moderate risk.

[Afony]

Maybe there will be an altcon that can replace bitcoin, and its price will be able to reach the maximum price limit in the cryptocurrency market.

[anshor1]

In recent times, alt coins appears to perform incredibly well on the market as the projects has got good teams of late yet most of the coins seems to be affected by the price of Bitcoin. This is largely due to the fact that most exchange sites keep much of the price pairing with Bitcoin, hence, a fall in Bitcoin affecting the coins paired with it. Bitcoin will continue to control the market until perhaps most coins are paired with USD directly.

No it's impossible to happen at the few years again
Because bitcoin is still superior and most popular than altcoins.
But maybe at the next seven or ten years again, iT could be 
But it's just prediction.

[mohdelayo]

Maybe there will be an altcon that can replace bitcoin, and its price will be able to reach the maximum price limit in the cryptocurrency market.

Sigh, are you seeing that possibility in the near time? I know its very possible to have a coin that can do well and even outshine our almighty BTC but I don't see that feasibility especially in the short run. BTC has great developers that are very dedicated to developing and updating it's protocol, thus BTC technology will always gets better!

[Senin]

Maybe there will be an altcon that can replace bitcoin, and its price will be able to reach the maximum price limit in the cryptocurrency market.

Sigh, are you seeing that possibility in the near time? I know its very possible to have a coin that can do well and even outshine our almighty BTC but I don't see that feasibility especially in the short run. BTC has great developers that are very dedicated to developing and updating it's protocol, thus BTC technology will always gets better!

Just one of the big problems of bitcoin is the lack of a cohesive team that could work in one direction. Numerous groups cannot coordinate their actions among themselves, because of this, bitcoin has not been seriously updated for a long time. Its scalability has been the lowest for a long time - about seven transactions per second. With such scalability, how can one claim global adoption of bitcoin as a payment network by billions of people on this planet?
If this continues, then the alternative cryptocurrencies that are rapidly developing now will ever move bitcoin from its current position as the leader of the cryptocurrency. It's only a matter of time.

[Hisbullah]

In recent times, alt coins appears to perform incredibly well on the market as the projects has got good teams of late yet most of the coins seems to be affected by the price of Bitcoin. This is largely due to the fact that most exchange sites keep much of the price pairing with Bitcoin, hence, a fall in Bitcoin affecting the coins paired with it. Bitcoin will continue to control the market until perhaps most coins are paired with USD directly.

I think possibility will always be there.
If there is potential altcoin that more popular and usable than bitcoin , I think It will replace bitcoin  as the King of crypto currency and control the market.

[gurunanakji777]

I don't think so Altcoins will take over Bitcoin but Ethereum is also outstanding reached almost half domination as compared to the Btc and growing at a good pace so I believe at some point Ethereum and Bitcoin domination would same in the future. USD pair coins are also affected when BTC drops but it's good that we have options other than BTC to pair up the coin. If we move all coins to pair up with USDT still I would say the BTC drop will affect the coins because bitcoin is the base currency of the crypto market.

[Speaker]

I wouldn't be surprised if at some point the cost of Ethereum exceeds the cost of bitcoin...yes, maybe not for long-but the paradigm will be broken.

[Alcor]

I wouldn't be surprised if at some point the cost of Ethereum exceeds the cost of bitcoin...yes, maybe not for long-but the paradigm will be broken.

Ethereum may exceed the price of Bitcoin. But I think that this coin will not grow to the current price of bitcoin. Most likely, after some time, bitcoin itself will begin to fall in price, and ethereum will rise. Then it is possible that ethereum will surpass bitcoin in price.
I think that altcoins will eventually displace bitcoin from the position of the leader of the cryptocurrency, since in terms of functional qualities it has long lagged behind altcoins. And it is very difficult for bitcoin to improve, since there is no single cohesive team behind it. Any proposal for change is met with stiff resistance.

[BOAEDAN]

altcoins will not be able to do that because the demand for Bitcoin is still higher than altcoins, altcoin price movements depend on the project being developed, when the project has no demand it will automatically collapse, while bitcoin will not be like that.