Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: Domithra on July 02, 2018, 06:19:52 AM
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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.
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other than that in my opinion everyone is more familiar with and believe in bitcoin prices. all coins will be affected if bitcoin increases and decreases in price.
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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.
With the advent of stablecoins, altcoins may be paired with USDT or other stablecoins, however, this has not solved the problem of Bitcoin's dominance. As long as bitcoin is able to rise significantly in price and people believe in it, bitcoin's dominance will continue.
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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.
We never know if the landscape that we are having for the last ten years will be different from what we have right now, every year the structure is changing w enow have DeFi industry and Decentralized Exchanges are now making Waves right now Ethereum is on the hype because of these DeFis.
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If we see from the condition right now, it is impossible. Bitcoin still holds control of this market. Altcoins always depend on on the fluctuating and market condition of BTC. BTC is up, altcoins will be down, Bitcoin down, the altcoin will be also down, and when BTC is sideway, altcoins will pump
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If we see from the condition right now, it is impossible. Bitcoin still holds control of this market. Altcoins always depend on on the fluctuating and market condition of BTC. BTC is up, altcoins will be down, Bitcoin down, the altcoin will be also down, and when BTC is sideway, altcoins will pump
While this is so. However, this will not always be the case. The current state corresponds to the term immature market. Over time, price dominance in the market for one cryptocurrency should disappear. Apparently, after bitcoin, there will no longer be one cryptocurrency that will rise above the rest in terms of capitalization and price centralization in the decentralized cryptocurrency market. However, no one fully knows which way the development of cryptocurrency will go further.
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I don't think they can, because many altcoins don't even have their own blockchain. Moreover, to control the market, in terms of capitalization, bitcoin exceeds all altcoins combined, and whales also trust bitcoin more and trade mainly in bitcoin.
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I think no coin can replace Bitcoin because it is great. Unless Ethereum can do it, and it will be difficult to believe in it. But anything is possible.
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Bitcoin is strong and altcoins respond to this force. Bitcoin controls everything, and the moves of altcoins are a reflection of their instability and the revelation of their exchange for trade and performance.
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In my opinion there is no way alt coins will take over bitcoin and control the market. Because bitcoin is the king of crypto coins and still controls all crypto markets. Moreover, all altcoins are still dependent on bitcoin. Bitcoin is the parent of all crypto coins.
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In my opinion there is no way alt coins will take over bitcoin and control the market. Because bitcoin is the king of crypto coins and still controls all crypto markets. Moreover, all altcoins are still dependent on bitcoin. Bitcoin is the parent of all crypto coins.
for now it is very unlikely but we don't know what will happen in the future.
because the more advanced the development of technology, the more that will happen. as ethereum is currently doing work to version 2.0, this could make the price even higher.
but if I look at 5-10 years bitcoin will still be the number 1 coin in the market
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From the very beginning of the emergence of bitcoin and until now bitcoin is the main cryptocurrency, and only bitcoin sets the pace for the entire cryptocurrency market, and I don't think that even in the future altcoins will have such an opportunity to set the pace for the cryptocurrency market, but of course it still everything depends from big players, because they decide which cryptocurrency should be at first place.
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Although im quite hopeful that during this bull season eth can grow big and many people will be surprised to see the growth but still i think that overall bitcoin will still remain the most dominant coin but its market share can reduce.
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Op have stated the obvious, I was about the say that it will be very difficult for altcoins to ever take over and control the entire crypto market due some reasons which the op have also made mention of the most important one, I will be a good idea for new projects to start paring their coin or token to usd alone, this will not only protect their coin or token price from bitcoins fluctuations, but wil also help the price of their coin or token grow naturally as the project progresses.
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This situation is quite likely. If there is a working product, great demand - then why not ... But at the moment, it is difficult to name candidates for this role
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Altcoin replacing Bitcoin? Which altcoin?
It will never happen. An altcoin is an alternative coin. Even it is YFI or Ethereum, they will not be able to replace Bitcoin. BTC is the king and father of crypto and this has very worthy value, trusted, and also having the great utility and market cap
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I think Bitcoin still the coin which controls the crypto market. There are no other crypto coins that have the power to control the market like Bitcoin. It is a special coin that we can say as the mother of crypto coin, or the king of all crypto coins. It can make the market grow or decrease because of its current price trend.
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What altcoins do you think can control the market? I don't see any altcoins that can control the crypto market. Even Ethereum cannot control the crypto market. Bitcoin deserves to call as the king of crypto coins because it is the only coin that can control the crypto market for years. And no coins are likely to overtake it.
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it will still be difficult because bitcoin is the main coin and almost all coins or tokens follow bitcoin , even if there is an altcoin that can take overa bitcoin it will take quite a long process .
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Seriously nobody knows what will happen in the future and nobody knows the future of cryptocurrency but currently bitcoin is the controller of the market and with the current situation I don't think any other altcoin can control the market because even Ethereum that's second most populous coin after bitcoin Ethereum is still been controlled by bitcoin so currently there is no other altcoin that can control the market but anything can happen in the future nobody can judge or conclude yet.
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In my opinion, the opportunity for altcoins to replace bitcoin and control the market is very small, because first, many large companies have started investing in bitcoin. Second, bitcoin is the most popular cryptocurrency, and many other factors do not allow altcoins to control the cryptocurrency market.
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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.
Yes ,It can.
Altcoins can overtake bitcoin and control the market, But It will take several years again, because No altcoins have popularity like bitcoin. Bitcoin will exist and remains as the King of of crypto currency for several years again.
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I see no chance in this position and so pretty much clear that the overtaking of altcoins over bitcoin is an impossible to nail. Altcoins are good and many benefits but there is nothing can compare to bitcoin and the only thing they can do is to follow the rhythm of bitcoin to accumulate good result.
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Altcoins will not control Bitcoin, but forever Bitcoin will control Altcoins. Bitcoin has always been the main coin of all time which has become the king and benchmark of all the Altcoins that exist today.
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In crypto anything can happen, but when a large number of alt's are paired with Bitcoin on several exchanges, the alt prices will continue to follow the Bitcoin price and vice versa, the altcoin market capitalization amount is also large, like ethereum and the current top 10 coins, maybe not today , but in the future we don't know what will happen
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Altcoins can not over take bitcoin. If you check the market trend this altcoins only move when bitcoin has gained enough ground. 2018/2019 bitcoin movement was stagnated but 2020/2021 immediately bitcoin started moving altcoins followed suit.
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There are some questions that don't sound realistic, btc as the number one currency has already dominated the market with a good percentage, it will be hard to see any alts who can achieve such success and dominate btc, I'm case you don't know, there are lots 9f institutional investors in btc now, so I thought might to see reality.
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What is your opinion right now? WIll Altcoi really take over Bitcoin? In my personal opinion, it will not be. We believe that Bitcoin is the king of crypto and so far the coin is the best crypto. There may some coins that have higher rice than BTC but it is no high increase again and we can see they don't have that big of trust
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the fact that we are currently having a bull altcoin market does not mean we will see ethereum and alt move high pass btc. all i can say is the crypto market cap has succeeded in moving pass 1 trillion dollars and i think it is wonderful and amazing. we will see more of such and hopefully, the market will not be control by some certain whales.
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Altcoins are developing very quickly and there is no doubt about that. Some of them may well bypass Bitcoin in the future in terms of capitalization, although now I do not see such altcoins on the cryptocurrency market. However, it is unlikely that new altcoins will have such a high capitalization that this new altcoin could control the market in terms of price.
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The price of bitcoin really affects the price of every altcoin in the market even Ethereum, bitcoin pumps they dump then recover later, bitcoin dumps -1%, altcoins will dump - 10% that's how it has been, I don't know if it's because alot of exchanges normally pair altcoins with bitcoin, but there's no crypto exchange(aside DEX) without a btc pair, because bitcoin is the most popular cryptocurrency in the world and most people would like to trade their altcoins against a coin they know about.
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I think because bitcoin is very popular and well known by the populace, even those that does not know the crypto space, yet know that bitcoin is surging high in price. The popularity of bitcoin has gone too viral that it will continue to have control on the price direction of all coins within the crypto space.
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I don't think anyone can control the market other than whales. Therefore, it seems to me that no altcoin can replace Bitcoin, at least in the near future.
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That's impossible. For that, it would be necessary for the capitalization of all altcoins to exceed that of Bitcoin, and as we already know that is not so. Bitcoin was, is and will be the dominant currency in the world of cryptocurrencies. It was the first for a reason and it is where the vast majority of institutional money and large investors go.
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1. Altcoins cannot and will not be able to take over bitcoin; taking over does not work with token price alone; but volume and acceptability; also altcoins cannot control the market; at the moment; altcoin dependency on bitcoin is over 50%; a 10% dump in btc means more dump for altcoins. Always do your own research
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At the moment it is difficult to say, and even more difficult to assess the situation in the market. Bitcoin is the most serious player on the market, and everyone else looks at it, and the course of further events depends on it. Bitcoin is now the main one and so far there is no one to shake its position.
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On the off chance that we see from the condition at the present time, it is inconceivable. Bitcoin actually holds control of this market. Altcoins consistently rely upon on the fluctuating and economic situation of BTC. BTC is up, altcoins will be down, Bitcoin down, the altcoin will be additionally down, and when BTC is sideway, altcoins will siphon
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In the beginning retail investors invested in all kinds of altcoins. With the market enduring several cycles of booms and busts, institutional players are entering in action. They are betting big on Bitcoin and less on altcoins. This keeps the momentum in Bitcoin's favor.
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I have always expected the Altcoins rebellion, because Bitcoin has so many limitations in scalability, it is difficult to understand when Satoshi decided Bitcoin's speed was only 5 tps.
The very developed blockchains such as Ethereum, Cardano, Polkadot, TRON will directly compete with Bitcoin and are ready to topple Bitcoin's throne in the future. This is unlikely to happen but I am still looking forward.
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As an active crypto enthusiast, I believe that someday altcoins will come out on top. Now this is not possible yet, but never say never ... There is always a possibility for the impossible
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I don't think anyone can control the market other than whales. Therefore, it seems to me that no altcoin can replace Bitcoin, at least in the near future.
It could also be like that because these altcoins lack the power to beat Bitcoin because Bitcoin has become popular for the first time.
Until now Bitcoin still has dominance for each trade and almost 65% compared to altcoins which is only 35% for the total altcoins on Coinmarketcap.
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I think these altcoins will stay where they are. It is like silver, until now, has not been able to replace gold. Yes maybe it will be like the altcoins on Bitcoin.
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This situation is quite likely. If there is a working product, great demand - then why not ... But at the moment, it is difficult to name candidates for this role
If my opinion isn't going to happen, Bitcoin will still be number one and controlling the market. Although there are coins that have a higher price, the trading volume of Bitcoin looks like it will never be beaten.
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This situation is quite likely. If there is a working product, great demand - then why not ... But at the moment, it is difficult to name candidates for this role
If my opinion isn't going to happen, Bitcoin will still be number one and controlling the market. Although there are coins that have a higher price, the trading volume of Bitcoin looks like it will never be beaten.
When Bitcoin has appreciated well for many years, it seems like it will continue for a very long time. However, what will happen if it stops in price for a long time or even starts to fall with the continued development of altcoins? I am sure that many will very quickly begin to dump it and switch to more promising altcoins for growth. Then the bitcoin price will drop very low.
You should always remember about such a scenario of the development of events, since Bitcoin is improving very slowly and very many altcoins have long overtaken it in development.
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the upward trend in bitcoin prices has had a positive impact on altcoin prices lately. altcoin demand will also increase if investors think the bitcoin price is too high. in the end they will shift to altcoins Government policies and events affect the level of prices, but control rests solely with buyers and sellers of Bitcoin, whose number is currently over 8,300 tokens scattered in cyberspace.
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The price of Bitcoin has received the highest scholarship this year. Bitcoin prices have reached a record high this year compared to previous years. Bitcoin has broken records compared to previous years. The situation with Bitcoin is expected to get better. The price of Bitcoin is constantly rising. So the situation with Bitcoin will be better.
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This situation is quite likely. If there is a working product, great demand - then why not ... But at the moment, it is difficult to name candidates for this role
If my opinion isn't going to happen, Bitcoin will still be number one and controlling the market. Although there are coins that have a higher price, the trading volume of Bitcoin looks like it will never be beaten.
When Bitcoin has appreciated well for many years, it seems like it will continue for a very long time. However, what will happen if it stops in price for a long time or even starts to fall with the continued development of altcoins? I am sure that many will very quickly begin to dump it and switch to more promising altcoins for growth. Then the bitcoin price will drop very low.
You should always remember about such a scenario of the development of events, since Bitcoin is improving very slowly and very many altcoins have long overtaken it in development.
Cryptocurrency is like a snowball. As soon as one or more large holders decide that it is time to sell a large amount, the entire market will react in red. And the drain will start. For me, this is all very suspicious, the whole situation is very similar to 2017.
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other than that in my opinion everyone is more familiar with and believe in bitcoin prices. all coins will be affected if bitcoin increases and decreases in price.
I don't think so. Bitcoin only affects some Altcoins, such as Ethereum, BCH, LTC, etc. However, bitcoin will not have any effect on tokens such as LINK, DOT, BNB, etc. That's my opinion.
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The answer is absolute no because we know that Bitcoin still the best crypto. We can force them to defeat Bitcoin, moroever if BTC is passed, I don't think that the market will let altcoins take over Bitcoin. Moreover, the site is still here news in the market.
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The answer is absolute no because we know that Bitcoin still the best crypto. We can force them to defeat Bitcoin, moroever if BTC is passed, I don't think that the market will let altcoins take over Bitcoin. Moreover, the site is still here news in the market.
Agree with what you said, Bitcoin will remain number one and no Altcoin will be able to control the market in place of Bitcoin. Bitcoin is the parent of Cryptocurrency and will be the benchmark of all existing Crypto coins from time to time.
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So it is, the influence of bitcoin on altcoins is very large, because almost any exchange has an altcoin paired with bitcoin, and when bitcoin falls or grows, the coin also behaves in the market, so it will always be, because the dominance of bitcoin is growing every year, nothing can be done, it was, is and will be.
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This situation is quite likely. If there is a working product, great demand - then why not ... But at the moment, it is difficult to name candidates for this role
It would be difficult for a coin other than Bitcoin to control the market, even if it is from a successful Crypto project with a good product. Why is that, because even if whatever happens Bitcoin will still be number one and will always be the milestone and benchmark of all existing Cryptocurrencies.
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Obviously, the bitcoin dominance may continue for a long time to come, whether altcoins are paired directly with USD or not. Bitcoin has been well known in the world and will be very difficult for any altcoins to overtake or become the top coin on the market. Every coin is paired to bitcoin but not all coin is paired to USD. I think in the future a few notable altcoins may grow to become the number one coin.
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It is like a dream. AS high as altcoin price, this will never take over Bitcoin, See what YFI? This is a very hyped altcoin with a very significant increase by that time and then it seems to pass bitcoin price very easily. But this has not had strong support so that BTC can easily surpass the coin price
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I don't think any other altcoins can be like Bitcoin and control the crypto market. Bitcoin is getting stronger and became the most pairing coin in the crypto industry. People called Bitcoin as the main crypto coin or the father of all crypto coins. It cannot be replaced forever because there are no other coins that have the same history as BItcoin.
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This is actually not possible, the price of btc now is awesome and hit the ATH this year. Bitcoin is and will always be the king of all cryptocurrencies
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Bitcoin will forever remain the King of cryptocurrencies as it enjoys the most popularity due to its first mover advantage. Even traditional institutions talk mostly of Bitcoin as many do not know that there are thousands of other tokens like BTC in the market
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yes maybe that will happen but only when the bitcoin price becomes stable then altcoins prices won't be affected by the price of bitcoin anymore which means it will take control over it but for the moment i see that its impossible for that to happen because a small move of bitcoin can effect all the market
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There is no way altcoins can do that and this type of phrases just consider fud. Bitcoin will always hold the supremely manner in crypto market and there is nothing can break it even in the years to come. And I believe this is the future of one world government.
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In order to surpass Bitcoin, I don't think these altcoins can. Where there are many kinds of altcoins, and no one has been able to survive and have a market like Bitcoin.
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If altcoins want to dominate the market and destroy the domination of the Bitcoin market, they must cost more than trillions of USD because the Bitcoin marketcap has now also passed the marketcap of Google's market.
And I also think that altcoins are very difficult to beat Bitcoin because the belief system of everyone, traders, investors or beginners who enter cryptocurrency chooses Bitcoin over altcoins.
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I think it will still be difficult for altcoins to replace Bitcoin and control the market. this is because the range of altcoins is still narrow and not as wide as Bitcoin.
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alt has a great influence on the development of bitcoin because it is like a pair of lovers who are always bound and related this provides great benefits for bitcoin users because alt has a large team and users who invest a lot this has a huge impact on the economy in the country of bitcoin users
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More than 40% of the crypto market capitalization is owned by Bitcoin, from there I can't think altcoins can control the price movements in the crypto market, if all the altcoins are collected, it might still take some time to shift Bitcoin's position as the control of the crypto market price, actually, it's not controlling, but the altcoin price keeps up with Bitcoin price movements, this happens frequently throughout the year.
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Over time, the increase in bitcoins does not affect the selling value of altcoins, why do I say that because when bitcoin is moving fast, other altcoins are still holding out with their parent ETH, which goes slowly towards the moon
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Impossible to take over bitcoin because more than 60% market dominates by bitcoin. Others 34% market dominate by altcoins (Ethereum 11%)
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I don't think there will be any altcoins that will replace bitcoin. The bitcoin market cap is huge and bitcoin price also affects altcoin price. So that altcoins will not be able to outperform bitcoin
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BTC is more established than Altcoins. Investors feeling skittish about newer, smaller cryptocurrencies could reasonably be expected to transfer their funds from altcoins to bitcoin while the bear market is in effect. In this situation BTC becomes stronger than ALT.
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3 years down the drain and altcoins cannot even dominate their selvs; it tells the truth state and dominance of bitcoin in the crypto currency world. Bitcoin willl remain king of altcoins; while etherum will remain king of altcoins; anything other than that would give us just altcoins and nothing more.
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I think that alternative coins will not be able to influence the market, as you said, they are affected by the price of bitcoin. YES, and the hype around bitcoin is already unrealistic, soon everyone will talk about this asset. Therefore, I don't even know what should happen to Bitcoin for it to go down ..
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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 agree and also believe this will be one of the reason that will liberate the alts from this Bitcoin price control. All altcoins that are listed in any exchange once paired with USDT along BItcoin and Ehtereum will allow traders to use which ever pair and i know most investors would rather use USDT or any other stable other than BTC or ETH
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More than 40% of the crypto market capitalization is owned by Bitcoin, from there I can't think altcoins can control the price movements in the crypto market, if all the altcoins are collected, it might still take some time to shift Bitcoin's position as the control of the crypto market price, actually, it's not controlling, but the altcoin price keeps up with Bitcoin price movements, this happens frequently throughout the year.
It is difficult to estimate the entire capitalization of altcoins. We only rely on sources like CoinMarketCap. Despite the fact that many altcoins have inflated capitalization, and there is no trading at all. So Bitcoin will always dominate.
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I don't think there will be any altcoins that will replace bitcoin. The bitcoin market cap is huge and bitcoin price also affects altcoin price. So that altcoins will not be able to outperform bitcoin
This means that bitcoin is the king of all coins and ethereum is the king of all altcoins.
It is very difficult for altcoins to replace bitcoin. Because altcoins have always followed the price of bitcoin and altcoins cannot be independent without bitcoin.
It is very difficult for all of that to happen
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this issue has been discussed many times and there are some really good altcoins, but I think bitcoin will always come first. it is one of the first cryptocurrencies, it is a kind of dollar
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one thing that is not possible altcoins can overtake Bitcoin because Bitcoin is strong and altcoins respond to this force. Bitcoin controls everything not for altcoins, the movement of altcoins is a reflection of the market instability between Bitcoin and altcoins
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What altcoins? I think it is already clear if no altcoins have the power to overtake Bitcoin. Bitcoin is like the mother of all crypto coins, it is a too strong coin to be overtaken by altcoins. I doubt if any altcoins to beat Bitcoin, especially in the near future, there is no sign of this.
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In the cryptocurrency market altcoins most perform well thats sure thing no matter how the crypto market fall, the price value must recover back but not that it will over perform more than bitcoin considering how long it took etherum to rearch the current price, that alone will tell you that altcoins may not easly out perform more than bitcoin.
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What altcoins? I think it is already clear if no altcoins have the power to overtake Bitcoin. Bitcoin is like the mother of all crypto coins, it is a too strong coin to be overtaken by altcoins. I doubt if any altcoins to beat Bitcoin, especially in the near future, there is no sign of this.
I agree. For bitcoin, it does not matter that it is expensive and slow. There are coins with faster and cheaper transactions, but those coins have hosts. After all, if something happens to the owner of the coin, it will greatly affect the coin. Imagine that the owner of finance decides to run away, and the coin will fall to the bottom. This will not happen with bitcoin.
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It is very difficult .Now Bitcoin is not giving any chance to grow Altcoins. Until Dominance of Bitcoin decrease ,Altcoin will suffer .
Decrease in Bitcoin indicates Altcoin growth.
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Since most altcoins are still tied or paired in trading to bitcoin as most of their base trading coin, Bitcoin will continue to dominate the altcoins and that will kinda make it difficult for altcoins to ever overtake Bitcoin and control the market, until altcions can be traded as separately and not tied to bitcoin, then they might have that chance but not before.
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Altcoins are directly dependent on bitcoin, so I think that altcoins can not control the market, only bitcoin can do it and so far no one can fight with it
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I really dont think its possible even in altseason bitcoin dominance is 60% right now no doubt bitcoin still the most traded crypto and this cannot easily break combining all alts today because of its scarce supply everyday more people buying btc and holding making the supply getting low.
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Yes what you say its right but now days when bitcoin pump altcoins dump when bitcoin dump then alts dump 2018 pump was not like that altcoins pump with bitcoin now altcoin depend on good news for that they pump just hold your altcoins they will pump again.
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I think it will be difficult to get past Bitcoin, because we know that Bitcoin is very extraordinary and can even control alt coins, so altcoins will certainly be difficult to beat Bitcoin.
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I really dont think its possible even in altseason bitcoin dominance is 60% right now no doubt bitcoin still the most traded crypto and this cannot easily break combining all alts today because of its scarce supply everyday more people buying btc and holding making the supply getting low.
Everything is possible. Despite the high price of over $ 57,000, Bitcoin's dominance has now dropped to 44.9 percent. At the same time, ethereum's dominance has grown to 17 percent. The dominance of other potential altcoins is also growing. Cryptocurrency is developing very quickly, new directions appear from time to time. Therefore, we cannot know what will be ahead of the cryptocurrency and in what direction it will develop further.
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Well altcoins have a very long way to go and the way bitcoin has gone viral I don't think there will be any altcoin that will take over bitcoin in market but in this life nothing is not possible but it is really not now because Bitcoin is the main cryptocurrency coin before any other coin.
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Less volatile, more secure cryptocurrency trend, Ethereum has not disappointed. With solid fundamentals and technological backing, many crypto enthusiasts are confident that it will change the financial landscape, particularly that of DeFi. Plus others Altcoins that thrive change can happen.
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some altcoins grow faster than bitcoin, I advise you to take a closer look at those who are updating their project or introducing new paid features for regular customers. Such cryptocurrencies do not fall even during the fall of the entire market.
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YFI did it just a couple of months ago when it peaked at $ 95,000. I think Ethereum is one of those coins.
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Bitcoin will remain number one, even though there are Altcoins that have taken over the market from Bitcoin. We've seen that YFI overtook the price of Bitcoin, but we saw that it was only for a moment and Bitcoin took it back and even Bitcoin experienced a tremendous Bullish. Bitcoin is the king of Cryptocurrency, it is not easy to take over Bitcoin's position in the Crypto market. Because no matter what happens, Bitcoin will still be number one.
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set stop loss more often, because you yourself know what the market is now and what you can know. Control must be very strict both for yourself and your positions, I wish everyone profit in such difficult times
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Bitcoin will remain number one, even though there are Altcoins that have taken over the market from Bitcoin. We've seen that YFI overtook the price of Bitcoin, but we saw that it was only for a moment and Bitcoin took it back and even Bitcoin experienced a tremendous Bullish. Bitcoin is the king of Cryptocurrency, it is not easy to take over Bitcoin's position in the Crypto market. Because no matter what happens, Bitcoin will still be number one.
The price is not decisive here, although it is very important for the leader of the cryptocurrency. The main thing here is decided by price dominance, that is, how much investors invest their capital in this coin. The desire to invest their money arises from investors when they see the opportunity to get a good profit. That is, while bitcoin as a whole grows in price over a long period of time, investors have a desire to invest in it, and this increases both the price and its price dominance. The only question is whether this state of affairs in the cryptocurrency market will last for a long time. I think not, if only because the cryptocurrency does not stand still and is developing rapidly. And the price of any cryptocurrency cannot grow indefinitely. The bitcoin price of several hundred thousand dollars and above is more like a fairy tale. Still, the higher she grows, the more difficult it will be for her to do this, and there is a limit in everything. Therefore, if Bitcoin is not functionally ahead of other cryptocurrencies, it will inevitably lose its leadership position.
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Cryptocurrency is a stage play and full of uncertainty about the final outcome, if we think that Bitcoin can be controlled by altcoins then everyone's level of ownership depends on the various altcoins.
We can play logic, where Bitcoin Cash used to want to beat Bitcoin and it turns out that now Bitcoin Cash is losing prestige by Bitcoin, especially other altcoins that have just arrived and it seems that this realization is difficult to achieve.
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Although this thread is an old thread, this still has a good thing to argue. I personally never think that altcoins will overtake bitcoin. So far that I know, Bitcoin always influences altcoins, altcoins are only following how bitcoin progress. And the price of BTC really gives a big impact on altcoins.
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Bitcoin is strong and it controls everything, and the moves of altcoins are a reflection of their instability and the revelation of their exchange for trade and performance. I think no coin can replace Bitcoin because it is great. Unless Ethereum can do it, and it will be difficult to believe in it. But anything is possible.
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Bitcoin is strong and it controls everything, and the moves of altcoins are a reflection of their instability and the revelation of their exchange for trade and performance. I think no coin can replace Bitcoin because it is great. Unless Ethereum can do it, and it will be difficult to believe in it. But anything is possible.
In crypto there are no words that are impossible even though we also have to be realistic in analyzing because if it doesn't make sense, it sounds weird too. I agree maybe at this time what you say is true that bitcoin will not be able to replace.
but we also know like ethereum had increased quite sharply some time ago before finally dropping back. indeed at this time it is possible to approach only ethereum other than that it may be very difficult because the market cap is too far from everything that exists today.
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Bitcoin is strong and it controls everything, and the moves of altcoins are a reflection of their instability and the revelation of their exchange for trade and performance. I think no coin can replace Bitcoin because it is great. Unless Ethereum can do it, and it will be difficult to believe in it. But anything is possible.
In crypto there are no words that are impossible even though we also have to be realistic in analyzing because if it doesn't make sense, it sounds weird too. I agree maybe at this time what you say is true that bitcoin will not be able to replace.
but we also know like ethereum had increased quite sharply some time ago before finally dropping back. indeed at this time it is possible to approach only ethereum other than that it may be very difficult because the market cap is too far from everything that exists today.
I agree with what you said in terms of thinking there is a situation that is impossible in the cryptocurrency space. Anything can happen even though we might think that by what we see has been happening in the market with Bitcoin dominance, we will presume that no ALTs can flip Bitcoin and takeover the market and like you also mentioned, Ethereum has been doing quite well in the recent past and hopefully if there's is any ALTs that will eventually flip Bitcoin, it may well be Ethereum and if that happens, will Bitcoin now be the alt? 🤔
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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 altcoins will have great future, but I don't think altcoin will take over bitcoin at the few years.
Bitcoin is remaining as the King of crypto currency, I think It's really difficult be replaced.
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No, Altcoins can't take over the Bitcoin market because everyone and investors prefer Bitcoin to altcoins created after Bitcoin, a lot of altcoins died after Bitcoin was created and I've seen a lot of moments like that in the cryptocurrencies market.
ICO, IDO, IFO tokens are all exactly the same and even difficult to get back up against Bitcoin, for example when Bitcin Dump then all altcoins also Dump.
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Not for now. It is important to take a look at the basics of any altcoin including its maximum supply and circulation. For example,Bitcoin maximum supply is 21 million exactly and 18 million are in circulation. Bitcoin is one of the most valued, trusted and most accepted cryptocurrencies across the globe.
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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 have asked several my friend about this. They said anything can happen at crypto space.
I agree with this.
Altcoins have potential to replace bitcoin at the coming future, we will see the more potential coin at the future.
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I have asked several my friend about this. They said anything can happen at crypto space.
I agree with this.
Altcoins have potential to replace bitcoin at the coming future, we will see the more potential coin at the future.
Yes anything can happen.
Assuming we rate altcoins performance at 99% increase and dominance. Then we rate Bitcoin at 200% increase and dominance. Still Bitcoin win. :D
No matter how well altcoins performance it could not out perform or replace Bitcoin today and of course in the future. Respect to Bitcoin is automatic.
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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.
Bitcoin does not control the altcoin market through its high price tag. This is because it has a high level of capitalization from the associated price dominance, expressed as a percentage of the entire cryptocurrency market.
Could Bitcoin ever lose this dominance? Of course it can. Cryptocurrency is developing rapidly, which cannot be said about bitcoin itself. Already, we see that the capitalization of a number of new cryptocurrencies is growing, at the same time, top coins are increasing their capitalization relatively slowly. This process may well lead to Bitcoin losing its leadership.
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You are right friend But I do not think that altcoin will overtake the bitcoin and can take control in the market. Because I am seeing the bitcoin market and the bitcoin market performance and as you know the price of the bitcoin market is very high I think it is very difficult for an altcoin to overtake the market of bitcoin.
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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 do not think this will happen anytime in the future. Because most of the big companies first invest in bitcoin than another altcoin. Different companies may have different altcoins in their portfolio but all of them had a good amount of BTC first. So the power of BTC will increase more in the future and we can see its value beyond our reach.
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Bitcoin is strong and it controls everything, and the moves of altcoins are a reflection of their instability and the revelation of their exchange for trade and performance. I think no coin can replace Bitcoin because it is great. Unless Ethereum can do it, and it will be difficult to believe in it. But anything is possible.
I highly doubt that Ethereum is capable of doing something like this, at least in the short term. There are a lot of problems with him. Maybe later, and then if it turns out to radically change the situation for the better.
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I don't think bitcoin is going away anytime soon. Its not called an alpha crypto for nothing. Its got quite a community and a lot of people believe in it. I included. So perish the thought
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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.
Yes, I think It will be if there is altcoins that have popularity and potentually such as bitcoin.
But Unfortunatelly until now, not yet.
Altcoins will replace bitcoin at the coming future, I always believed on this prediction.
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I agree with you. All cryptomarket is depend on BTC price, when btc price is increasing and stable some day then all alt coin market is increasing. But when BTC preice is down, then alt market is down. so BTC is king of cryptocurrency.
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it is natural for bitcoin to be used as a benchmark for the price of all altcoins because the key to cryptocurrency price movements is only in bitcoin, when bitcoin prices rise and become expensive, it will certainly have an influence on other altcoin price movements.
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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 have read many opinions here, I think It's difficult, that altcoins over take bitcoin and control the market.
Bitcoin is still the king and the biggest community.
It's not easy to happen.
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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 have read many opinions here, I think It's difficult, that altcoins over take bitcoin and control the market.
Bitcoin is still the king and the biggest community.
It's not easy to happen.
Previously, when there was one bitcoin, all the money went only to buy it. Now the market capitalization is 3 trillion. Imagine what would happen if all the money went to buy only one bitcoin.It would have already cost at least 100K dollars.
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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 have read many opinions here, I think It's difficult, that altcoins over take bitcoin and control the market.
Bitcoin is still the king and the biggest community.
It's not easy to happen.
Previously, when there was one bitcoin, all the money went only to buy it. Now the market capitalization is 3 trillion. Imagine what would happen if all the money went to buy only one bitcoin.It would have already cost at least 100K dollars.
These are all just fantasies. But there are already more than 13,000 cryptocurrencies on the market, and even if only three thousand of them survive, it will still be quite serious competition for bitcoin. Altcoins are developing rapidly, and bitcoin is almost at a standstill and it would be logical if this state of affairs leads to the fact that after a while it will lose its high level of capitalization. Bitcoin needs to improve, and it doesn't have a strong team behind it. Scattered groups always quarrel with each other and cannot come to any common opinion.
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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.
Bitcoin is Father of cryptocurrency and bitcoin is protect all altcoins. so when bitcoin. When Bitcoin is affected, Altcoin is also affected
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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.
It's really difficult to happen for the few years again, I don't believe there is altcoins that overtake btcoin nad control the market.
Bitcoin is still superior and the biggest market cap.
It will take along years, become like bitcoin.
I don't think about potential altcoins that will be the next bitcoin.
It seems impossible.
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Look Bitcoin remains the King of the market. it is the determinant of the crypto market just like Gold sitting on top of the traditional market. it is not possible for any altcoin to take over bitcoin. since bitcoin share over 1.2 trillion of the marketcap which is over 40% of the entire market.it is not possible for any altcoin to dominate.
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Look Bitcoin remains the King of the market. it is the determinant of the crypto market just like Gold sitting on top of the traditional market. it is not possible for any altcoin to take over bitcoin. since bitcoin share over 1.2 trillion of the marketcap which is over 40% of the entire market.it is not possible for any altcoin to dominate.
This is already happening slowly and surely. But it would be wrong to represent this process as the seizure of the bitcoin market by altcoins. This is, in fact, an evolutionary process that cannot be stopped and which is absolutely natural for the cryptocurrency market. In any market, everything that is outdated and obsolete is gradually disappearing. And vice versa, everything new and progressive is consolidated. It is already obvious that bitcoin is outdated in many ways. Therefore, time will tell what will happen to bitcoin and altcoins.
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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.
Altcoins have potential to be the next bitcoin but I don't think will take over bitcoin.
Because bitcoin always be the King of crypto currency for the next several years again.
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it looks like it might happen in a few months or years to come , why is it because it's the trend now with many new altcoins appearing but the tempo is not too long but it's still need to analysis for the long .
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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.
Bitcoin will control market for the next several years again because Bitcoin will survive as the King of crypto currency.
Altcoins is very potential but Bitcoin bitcoin is most popular.
I don't think there is potential altcoins will take over bitcoin.
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Considering that bitcoin is practically not improving, and altcoins do it very quickly, then it is likely that after some time it will give up its place of the leader to other cryptocurrencies. Nothing is eternal. Kings are also born and die. Someday Bitcoin will stop growing in price and this will be the beginning of its end. Of course, it will not disappear anywhere, but it will not be so popular either.
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Bitcoin is Father of cryptocurrency and bitcoin is protect all altcoins. so when bitcoin. When Bitcoin is affected, Altcoin is also affected
Yeah, Bitcoin is the first ever coin in crypto ecosystem that influence the movement of market flow whenever it goes. Aside from Bitcoin itself, no other coins nor tokens that can affect Bitcoin system. Negative news and positive news will.
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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.
For the next few years, I think It willnot happen.
I dont believe there is altcoin that will overtake bitcoin adn control the crypto currency market.
It seems difficult, bitcoin is still the King of crypto currency
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Why should altcoins grab Bitcoin? It is enough that they develop very quickly and diversifiedly and many have bypassed it for a long time in their functionality. At the same time, bitcoin practically stands still and does not improve. No other cryptocurrency has such low scalability. If this continues in the future, after some time, Bitcoin will give up its position as the leader of the cryptocurrency.
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It is not easy to take over Bitcoin in value but I am sure Altcoin's total market cap will keep increasing because bitcoin is very costly to buy and small investors can not afford to buy so investors or traders will take more interest in the altcoin to make money. Yes, I entirely agree with you now we have more pairing apart from Btc that is also good for the growth of the altcoins, and that way dependability on Btc is getting reduced but we can not say altcoins will control the market. BTC is still the king of all coins and it is still dominating the market only Ethereum at present keeps increasing its dominance after BTC. Let's see in the next 2-3 years how Ethereum performs.
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Yes, Bitcoin will not give up its positions, it will be like a prestigious investment of money. But altcoins are very promising coins, they are more convenient to use, fast transactions and small commissions.
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I don't think that altcoins will overtake Bitcoin in the future. As we know that the BTC is the king of all crypto so, how an alt can overtake it. If alts will increase BTC will also increase check previous year chart of BTC, it always increased and made ATH every year.
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It is uncertain that any altcoins can be able to overtake Bitcoin now or in near future. Bitcoin is the first crypto, one great advantage that has made it as the king. Obviously, there is no possiblity that any altcoins will over Bitcoin, and if this will ever happen, it gonna be in the long future time. I think has gained ground on the crypto space, any altcoins challenge is not in sight. This is just my opinion.
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It is uncertain that any altcoins can be able to overtake Bitcoin now or in near future. Bitcoin is the first crypto, one great advantage that has made it as the king. Obviously, there is no possiblity that any altcoins will over Bitcoin, and if this will ever happen, it gonna be in the long future time. I think has gained ground on the crypto space, any altcoins challenge is not in sight. This is just my opinion.
That's right, Bitcoin is the king of all existing Cryptocurrencies. It is not easy if you want to overtake Bitcoin, even if there is it is only a very small amount and will only happen for a short time.
Bitcoin will still lead the other Cryptocurrency coins, before there is an Altcoin that increases and wants to overtake the price of Bitcoin, Bitcoin will go higher first and will leave the Altcoin.
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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 It will happen at the coming future, I believe there is more potential altcoin that replace bitcoin and will control the market.
Its just prediction, maybe wrong.
But I believe It will be
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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 don't know if that will be possible or maybe it will pair only with stable coins and I also believe that this will kinda stabilize the influence of Bitcoin on other Alts but I don't know if this will be done by the exchanges. I want to believe that even when most pairs don't have stablecoins pairs, there is always the BTC and ETh pair, so until that is done, BTC will continue to influence Atls price drastically.
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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.
For now, I think It will not happen.
Bitcoin is still superior and survive, I don't think there is altcoin that will replace bitcoin.
But anything can happen at crypto space. Let's see.
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Now a days altcoins are doing in the market. They are trying to develop their market position but i will not talk that the bitcoin position will replace by altcoin. Though the position of bitcoin is more reliable and sustainable but altcoin is doing well in the mean time. For that reason i will tell that alt coins take over Bitcoin and control the market slowly but take time.
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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.
Its surely never be happened that altcoin over on bitcoin. We all know that what is btc. As i know btc is the first crypto that goes huge and we are lucky to have platform like this and also alt for only btc and block chain. It has actually opened the huge crypto market for us and we can earn. We all know that we have around lots of altcoin which are really promising but not enoughto go over btc. So that btc will always a top altcoin.
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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.
Its surely never be happened that altcoin over on bitcoin. We all know that what is btc. As i know btc is the first crypto that goes huge and we are lucky to have platform like this and also alt for only btc and block chain. It has actually opened the huge crypto market for us and we can earn. We all know that we have around lots of altcoin which are really promising but not enoughto go over btc. So that btc will always a top altcoin.
I agree with you, I think It will never happen. I don't believe there is altcoin that will take over bitcoin and Control the market.
Bitcoin is the King of crypto currency and always be.
I see Ethereum and BNB are the best candidate, but Bitcoin is still the biggest, not easy to over take bitcoin at the next few year, Maybe it won't be.
But at crypto space, anything can happen.
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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
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Everyone needs to come join VKRW.
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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..
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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.
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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%.
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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.
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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.
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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.
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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!
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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.
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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.
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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.
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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.
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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.
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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.
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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.
The possibility of Altcoins surpassing Bitcoin has been seen since the existence of Ethereum, but investors prefer Bitcoin because its high price vitality can make huge profits, the situation is actually almost the same as alt, when the Hype of a new project comes then the new altcoin will pump up the price because of the large number of altcoins. the number of requests, many of the altcoins are paired with stable coins in the crypto market and it is done to reduce the high volatility rate when paired with Bitcoin.
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Stable coins are the hard currency in the crypt world. Professional traders would not even trade altcoins if there were no pair of USDT, USDC, etc.
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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 it's possible to happen, altcoins will overtake bitcoin and control the market, but it will happen at the coming future while there is potential altcoin that will beat bitcoin.
For now, I think it's impossible.
Bitcoin is still superior and stronger than other
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Stable coins are the hard currency in the crypt world. Professional traders would not even trade altcoins if there were no pair of USDT, USDC, etc.
Stablecoins have existed on the cryptocurrency market for several years, while altcoins have existed for much longer and earlier traders managed to trade with them. Of course, with the advent of stablecoins, trading has become much easier.
It must be admitted that altcoins are developing and improving much faster than bitcoin, which means that after some time bitcoin will have to give way to its place as the leader of the cryptocurrency. It's only a matter of time.
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Stable coins are the hard currency in the crypt world. Professional traders would not even trade altcoins if there were no pair of USDT, USDC, etc.
Stablecoins have existed on the cryptocurrency market for several years, while altcoins have existed for much longer and earlier traders managed to trade with them. Of course, with the advent of stablecoins, trading has become much easier.
It must be admitted that altcoins are developing and improving much faster than bitcoin, which means that after some time bitcoin will have to give way to its place as the leader of the cryptocurrency. It's only a matter of time.
For many years, the vast majority of altcoins have been technologically superior to Bitcoin, but this does not prevent the latter from maintaining its leadership...maybe that's not the point at all)
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For many years, the vast majority of altcoins have been technologically superior to Bitcoin, but this does not prevent the latter from maintaining its leadership...maybe that's not the point at all)
Altcoins are always moving to follow technological developments because the price movements of altcoins depend on the project they have, so many developers are trying to provide new innovations and make their products a solution for many people so that they can increase their use and the products they have will have a selling value.
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bitcoin will remain for a long time the reference point for the various markets, certainly now there are stablecoins so an good alternative but they will not be able in any way to replace it
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I don't think this would happen any time soon. Why? Bitcoin is the alpha male of the crypto world and most people, even mainstream investors as non-coiners know only bitcoin and no altcoins
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Bitcoin is like a benchmark of the crypto market, although it is strongly correlated with the stock market.
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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 cryptocurrency market depend the price of Bitcoin. When bitcoin price will be pump then all altcoins price will be pump and then its price dump then all altcoins price will be dump. In my opinion Bitcoin control the market and also the price of altcoins.
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I never think that altcoins will take over bitcoin and control the crypto market. Since the inception of cryptocurrency, no coin has been able to dominate Bitcoin. Rather we have seen that all altcoins have been dominated by Bitcoin. Bitcoin has been dumped but the crypto market has never been pumped. So I think Bitcoin and only bitcoin will lead the crypto market.
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I think it's possible to happen, altcoins will overtake bitcoin and control the market You know market day by day down. But it will happen at the coming future while there is potential altcoin that will beat bitcoin. So my opinion i think only bitcoin will lead the crypto market.
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Perhaps when Ethereum will be able to take the first place, but will it be able to gain a foothold there for a long time)
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At present no Altcoin matches Bitcoin in any way so Bitcoin is very strong as compared to all the Altcoins in the market but can not say anything about the future but we can not expect a miracle that skyrocketed in a short time to surpass BTC. It does not matter whether the coin paired up with BTC and USD we all know the majority of the coins follow the bitcoin trend.
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Since altcoins always follow lead of BTC, this is not likely
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At the moment, altcoins do not have such independence due to the low confidence on the part of institutional capital and with any shoroz, investors begin to sell out
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Bitcoin's lift on altcoins cannot be boiled down to a simple yes or no, also it is very hard to prove even the most elementary assumptions. Well, Coinpedia has published an article on this, heading " Can Traders Expect Altcoin Season in 2022? Here's What Metrics Say.
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The article is just the author's vision.No one really knows how it will be, the market itself will determine a fair price and capitalization.
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I think that Ethereum is probably the best contender to take over from Bitcoin because of the overall ecosystem. However, there are some people who will not have any issues with the way we are doing this and I think that it will be good to talk about this in the long run. Cryptocurrencies are not the only assets in the market becuase the offerings like apps, projects, and innovative apps have become the biggest deals in crypto now, and they are mostly located within the Ethereum system. Even playing on Bitcasino (https://www.bitcasino.com/) has been friendly to the Ethereum. it will just continue to grow and evolve as we continue to go digital.
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Have you done well with the projects that you made? There are some interesting ways to deal with the crypto market and I think that this will be a good way to talk about other crypto assets apart from Bitcoin. Ethereum is such a good way to start off your crypto journey because it can become the focal point of the entire industry. Since it can offer the likes of apps and NFTs, I think that Ethereum will continue on the path to becoming the top asset, possibly exceeding Bitcoin in the near future. However, I think that there will still be some good ways to deal with this in the long run because there have been some interesting topics that have been brought up in the crypto community regarding other crypto coins like Tether which is pegged to the US Dollar. Stability is needed and people think USDT and Ethereum can be the answers to that problem, veering away from the Bitcoin market too.
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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.
The price of bitcoin really affects the altcoin market. But this is not because altcoins are traded in tandem with bitcoin. This is affected by the large market capitalization of bitcoin and the associated percentage of its price dominance over altcoins. But altcoins are developing rapidly, and bitcoin has practically stood still for a relatively long time. Therefore, it will be absolutely logical that over time, bitcoin will lose its high capitalization, and along with it, price dominance over altcoins. If this trend continues for a long time, then the most promising altcoins may well take the current place of bitcoin.
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Now bitcoin has dominance over altcoins because the market is bearish and investors' faith in many coins has been shaken very much. I am sure that a favorable situation in geopolitics and the global economy could improve the chances of altcoins to grow and dominate
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The altcoin market is significantly impacted by bitcoin's price. However, because altcoins trade alongside bitcoin, this is not the case. The significant market capitalization of bitcoin and the corresponding percentage of its price dominance over alternative cryptocurrencies have an impact on this. But while bitcoin has essentially stagnated for a considerable amount of time, altcoins are evolving quickly. It follows that Bitcoin will logically lose its high capitalization over time, and along with it, its price dominance over altcoins.
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I think given enough time yes it is a likely scenario that some globally used altcoin would over through the king from his throne.
How long that will take or which one will do it we don't really know.
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Listen. I'm not a bitcoin maximalist but I think bitcoin is the undisputed king of all the coins being the premier coin. You can't beat the amount of faith coiners and even non-coiners have in it. No coin or taken has that effect or influence
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Bitcoin has already maintained its control in the market, most of the cryptocurrency follows the value of bitcoin, bitcoin itself is complete bitcoin. Most of the investors believe in bitcoin only.
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No. Bitcoin is like engine of crypto market and a highly secure investment that have very bright future but as we know XRP , LUNA and now FTX collapse and it will possible for any of Alt but not with bitcoin which is highly safe and secure and we are clearly know that after some years bear market ends and price will rapidly go higher .
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We cannot predict, but hope and wait for time to present us with the answers. With the continuous fall of bitcoin, and not rising up, we can think of well performing altcoins to come to the top. However, the massiveness that Bitcoin has achieved, with hundreds of well-established MNCs and individual celebrities buying it in tons, it is truly the King of all coins, and might be difficult for any altcoin to take its place.
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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.
Agreed, with senior opinions here
It's difficult to say will happen.
Because bitcoin is remaining the King of crypto currency and seems still strong to dominate.
But maybe at the coming years, we will see altcoin overtake bitcoin.
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That’s not going to happen anytime soon. We can’t be sure of the future (in years or decades from now), and the chances of altcoins taking over Bitcoin are pretty bleak.
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This was said to happen so that altcoins would seize power over bitcoin, but we must understand that the market is unpredictable and anything can happen.