Will alt coins take over Bitcoin and control the market?

[Danus]

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

[Senin]

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.

[damsix]

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.

[xeroz]

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.

[Limabd]

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.

[lepbagong]

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.

[Anonylz]

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? 🤔

[DAMKAR]

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.

[kent47400]

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.

[tervel]

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.

[de_prof]

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.

[Master107]

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. 

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.

[Senin]

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.

[amzexpert]

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.

[Istiak]

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.