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Author Topic: Will Bitcoin remove all other altcoin from the market?  (Read 25215 times)

Offline gunhell16

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Re: Will Bitcoin remove all other altcoin from the market?
« Reply #195 on: May 03, 2021, 04:48:23 PM »
We know that, bitcoin is the most popular crypto-currency of the world. Its value is higher than any other currencies. It is unanimously accepted by the crypto holders. Some countries have already permitted only bitcoin for transaction and many countris are considering to permit it. People can now pay bill through bitcoin in some cases. There are a lots of crypto-currency in the world but bitcoin is now leading the crypto world. Is bitcoin will remove all other crypts from the market in the future? Your valuable opinion is highly appreciated.

There are a lot of cryptocurrency that are popular too just like Bitcoin in the market, and some have better features actually than into Bitcoin. And its all coming by a chance only that Bitcoin was most useful and adopted by most people all over the world now as far as I can see.
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Re: Will Bitcoin remove all other altcoin from the market?
« Reply #195 on: May 03, 2021, 04:48:23 PM »

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Re: Will Bitcoin remove all other altcoin from the market?
« Reply #196 on: May 03, 2021, 08:02:51 PM »
We know that, bitcoin is the most popular crypto-currency of the world. Its value is higher than any other currencies. It is unanimously accepted by the crypto holders. Some countries have already permitted only bitcoin for transaction and many countris are considering to permit it. People can now pay bill through bitcoin in some cases. There are a lots of crypto-currency in the world but bitcoin is now leading the crypto world. Is bitcoin will remove all other crypts from the market in the future? Your valuable opinion is highly appreciated.
Yes Bitcoin is the most popular cryptocurrency in the world and there is no another cryptocurrency in the world like btc but that doesn't mean the other cryptocurrency will not go or touch the popularity like btc . Altcoin is now upcoming popular cryptocurrency in the world and it will never happen that btc remove all other altcoin from any market .

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Re: Will Bitcoin remove all other altcoin from the market?
« Reply #197 on: May 03, 2021, 10:53:13 PM »
We know that, bitcoin is the most popular crypto-currency of the world. Its value is higher than any other currencies. It is unanimously accepted by the crypto holders. Some countries have already permitted only bitcoin for transaction and many countris are considering to permit it. People can now pay bill through bitcoin in some cases. There are a lots of crypto-currency in the world but bitcoin is now leading the crypto world. Is bitcoin will remove all other crypts from the market in the future? Your valuable opinion is highly appreciated.
Yes Bitcoin is the most popular cryptocurrency in the world and there is no another cryptocurrency in the world like btc but that doesn't mean the other cryptocurrency will not go or touch the popularity like btc . Altcoin is now upcoming popular cryptocurrency in the world and it will never happen that btc remove all other altcoin from any market .

What happens is that Bitcoin has been the King of everything, it is the currency that has a life of its own, the altcoins all depend on Bitcoin, there is no other altcoin that has its own life, the only ones that depend on themselves are those that are in Exchanges like Pump and Dump.
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Re: Will Bitcoin remove all other altcoin from the market?
« Reply #198 on: May 04, 2021, 05:49:29 AM »
I don't think it's any foolish to assume that Bitcoin will remove all other coins from the market.  In the world of Bitcoin, the contemporary coins of Bitcoin are not competitors of Bitcoin but its helpers.  All other coins depend on the bitcoin market so it can be said that the destruction of all other coins will have a huge impact on bitcoin.

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Re: Will Bitcoin remove all other altcoin from the market?
« Reply #199 on: May 04, 2021, 07:20:59 AM »
Bitcoin is without a doubt the most popular cryptocurrency in the crypto world. This is why Bitcoin is called the king of the crypto world. The rise and fall of the price of other cryptocurrencies depends on the rise and fall of the price of Bitcoin. I do not believe that Bitcoin will remove all other Altcoins, but the more other Altcoins are in the crypto market, the stronger Bitcoin's position will be; That means the cryptocurrency will be more prosperous.
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Re: Will Bitcoin remove all other altcoin from the market?
« Reply #200 on: May 04, 2021, 12:28:22 PM »
The dominance of Bitcoin has dropped over the past few months, and this suggests that now altcoins will grow and you can make good money. Ethereum and some altcoins have already shown good growth, but I think the dominance of altcoins will continue

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Re: Will Bitcoin remove all other altcoin from the market?
« Reply #201 on: May 04, 2021, 12:37:38 PM »
Not at all.All Altcoins are not removed by the Bitcoin.but the shit coins are already vanishes after some time due to project insufficiency .Crypto Market is the combination of Bitcoin and Altcoin. Good Altcoin give more ROI than Bitcoin.Bitcoin is the ROOT of Crypto Tree and Altcoins are its Branches.

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Re: Will Bitcoin remove all other altcoin from the market?
« Reply #201 on: May 04, 2021, 12:37:38 PM »


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Re: Will Bitcoin remove all other altcoin from the market?
« Reply #202 on: May 05, 2021, 03:34:42 AM »
Not at all.All Altcoins are not removed by the Bitcoin.but the shit coins are already vanishes after some time due to project insufficiency .
What you say is the same as me because I also have that understanding and I also have a variety of valuable altcoins, such as Binance, Ethereum, Venus, DOGE and a few coins that have a large number of tokens.
Bitcoin is indeed super power ranked number 1 on Coinmarketcap but Bitcoin cannot remove altcoins that are already on the market because altcoins can also support the price of Bitcoin when Bitcoin Dumps, as are stable coins USDT, USDC, BUSD and PAXOS.

But of course there are also plenty of altcoins dying and drowning in the graves as well as the coin lacks the continued development of its core team.
Lots of altcoins died and I witnessed it with my own eyes and it has become commonplace in the cryptocurrency business.
retire and rest in peace

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Re: Will Bitcoin remove all other altcoin from the market?
« Reply #203 on: May 05, 2021, 10:54:49 AM »
Just why would he do it if altcoins invest in Bitcoin. And bitcoin at the same time buys coins from advanced altcoin projects that help bitcoin develop. It turns out that they interact with each other and they are as one.
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Re: Will Bitcoin remove all other altcoin from the market?
« Reply #204 on: May 05, 2021, 11:00:49 AM »
What happens is that Bitcoin has been the King of everything, it is the currency that has a life of its own, the altcoins all depend on Bitcoin, there is no other altcoin that has its own life, the only ones that depend on themselves are those that are in Exchanges like Pump and Dump.
I think in few cases Ethereum is not depending to Bitcoin dominance whether decline or pumping. Few days until now Ethereum is doing crazy almost every week hit another all time high record. Maybe this is the glance of near to approach altcoins season which we are waiting from long time ago. Pump and dump tokens are control by whales or by the team in order to collect money from investors. Possible after the pump they will rug the pull.
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Re: Will Bitcoin remove all other altcoin from the market?
« Reply #205 on: May 07, 2021, 02:49:16 PM »
Bitcoin will not remove all other altcoins from the crypto market, rather all other crypto that is not useful ( that is, altcoins without any user cases) will definitely remove itself from the crypto market. Some altcoin that are launch on the market are set to achieve certain purpose or user cases, and on this bases that these altcoins may attract users ether for investing or trading on the daily bases.

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Offline mlawson71

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Re: Will Bitcoin remove all other altcoin from the market?
« Reply #206 on: May 07, 2021, 03:31:14 PM »
I agree. The altcoins that are just not good enough don't need Bitcoin to fail, in my opinion.

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Re: Will Bitcoin remove all other altcoin from the market?
« Reply #207 on: May 07, 2021, 08:18:01 PM »
We know that, bitcoin is the most popular crypto-currency of the world. Its value is higher than any other currencies. It is unanimously accepted by the crypto holders. Some countries have already permitted only bitcoin for transaction and many countris are considering to permit it. People can now pay bill through bitcoin in some cases. There are a lots of crypto-currency in the world but bitcoin is now leading the crypto world. Is bitcoin will remove all other crypts from the market in the future? Your valuable opinion is highly appreciated.

No, I don't believe bitcoin will remove all other altcoin from market.
Well, bitcoin  is always be the King of crypto currency and trend centre of crypto market. But It will never remove other coin, I have seen many investors believed bitcoin will exist for along years again and altcoin too.
If you see how many coin on CMC,  It's the proof bitcoin remains be the number one and other be follower.
No King without follower.
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Re: Will Bitcoin remove all other altcoin from the market?
« Reply #208 on: May 08, 2021, 08:18:48 AM »
No, I don't believe bitcoin will remove all other altcoin from market.
Well, bitcoin  is always be the King of crypto currency and trend centre of crypto market. But It will never remove other coin, I have seen many investors believed bitcoin will exist for along years again and altcoin too.
If you see how many coin on CMC,  It's the proof bitcoin remains be the number one and other be follower.
No King without follower.
maybe what you say about the unbelief that bitcoin will get rid of other altcoins in the market, obviously I totally agree and it seems unlikely that will happen.
because bitcoin and altcoin need each other and can provide support to each other and may not be able to stand alone.
because dependence on one another is sure to continue to exist and be well intertwined.

although bitcoin is the top rank on all exchanges but the need for bitcoin for altcoins is clearly visible, as well as altcoins need to be able to increase prices, because bitcoin is always attracting altcoins to continue to move together.
besides altcoins that cannot follow the rhythm of bitcoin, they will automatically be eliminated from the exchange.
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Offline Centus

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Re: Will Bitcoin remove all other altcoin from the market?
« Reply #209 on: May 08, 2021, 08:53:13 AM »
Bitcoin is known as the most important currency in the cryptocurrency market. At present, some small and large companies accept and trade Bitcoin. So it is going to get popularity all over the world. Again, the governments of some countries have approved only Bitcoin among the cryptocurrencies. Bitcoin transactions have already been introduced in traditional banks. But I think there will be bitcoin in the cryptocurrency market. And other coins will improve in tandem with Bitcoin.
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