Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Bitcoin Forum => Topic started by: Domithra on July 23, 2018, 03:36:37 AM
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Bitcoin has been in control of the market since its inception and it appears that no alt coin can displace it from the first position. This is evidenced through the comparison of the market capitalization of Bitcoin and the other coins.
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Bitcoin has been in control of the market since its inception and it appears that no alt coin can displace it from the first position. This is evidenced through the comparison of the market capitalization of Bitcoin and the other coins.
I am still optimistic that bitcoin that will hold the strongest control in cryptocurrency, although hand in hand it would appear a lot of potentially good new coin. but the more days and years of the bitcoin will increasingly showed his sheen.
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I believe that it is unlikely that any one coin will take the place of Bitcoin. Especially in recent times, due to the publication of a large number of positive news about Bitcoin and the news that the SEC can accept ETF Bitcoin many large investors decided to invest in Bitcoin, which pushed its price up and strengthened the position of Bitcoin against the background of altcoins. Perhaps in the future, the capitalization of all altcoins will greatly accustom to the capitalization of Bitcoin and then it will lose dominance, but in the near future this will not happen.
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I think bitcoin will retain it's dominance over the entire crypto currency space for at least another 5 years. Probably longer honestly, there's just nothing else out there that has existed as long as bitcoin has and thus doesn't have the trust that comes with it.
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I don't see bitcoin losing its dominance any time soon...especially to ETH... I think ETH has some fierce competition coming and it better start figuring out scalability before its too late.
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Looking at the market, it seems that the rising and falling of all altcoins is tied to bitcoin. Unfortunately, this cannot be said about altcoins. So bitcoin will continue to dominate the market till thy kingdom come.
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if in my opinion that will control the market is bitcon gan. because a lot of altcoin whose price chart movements follow the movement of bitcoin price charts. his name will certainly be the driver of all cryiptocurrency .
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if in my opinion that will control the market is bitcon gan. because a lot of altcoin whose price chart movements follow the movement of bitcoin price charts. his name will certainly be the driver of all cryiptocurrency .
I also agree bro with your opinion. because I also have opinions like what you think. because from the past until now if I notice bitcoin is always a leader as well as controlling market prices .
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if in my opinion that will control the market is bitcon gan. because a lot of altcoin that moves altcoin price charts that follow the movement of bitcoin gan .
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After a certain time, Bitcoin will lose its high level of capitalization. This is quite logical, especially since it is already far behind in its development from other cryptocurrencies. This will inevitably happen sooner or later.
Now the decentralized cryptocurrency market is too centralized by bitcoin in terms of price. I would love to see a cryptocurrency market without such price dominance.
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I know that there are currently a lot of new coins that are very popular because their value has changed very quickly from the start of their release. But in my opinion Bitcoin will remain number one and will still control the Cryptocurrency market because Bitcoin is the king of Cryptocurrency.
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Bitcoin is the crypto coin that has the most power or influence in the crypto market. We must know that the prices of many altcoins depend on the current trend in Bitcoin. If the price of Bitcoin is increasing, many of altcoins improve their prices. While if Bitcoin price is decreasing, many of altcoin prices drop gradually. it is the fact that's happening in the crypto market so far.
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of course bitcoin will dominate all existing cryptocurrencies, unfortunately for the price of bitcoin it has been defeated by YFI so that it will make bitcoin currently be a little out of place. I hope the price of bitcoin can soon become number 1 again.
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Bitcoin still dominates this market over the rest of the cryptocurrency. However, this is unlikely to continue for very long. It has long had big problems with scalability and relatively high transaction fees. In addition, it performs its main function as a means of payment very weakly. Fixing problems and improving bitcoin is extremely difficult because it does not have its own strong team, and those various groups that try to do this, as a rule, cannot come to any agreed decision. These and other problems will become deeper in the future and against the backdrop of rapidly developing altcoins, it may lose its current position as the leader of the cryptocurrency, including price dominance over altcoins.
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Market Maker manipulates and regulates the market through Bitcoin, then uses Altcoins to get a lot of money from the market. Usually I only refer to BTCUSD & BTC.D to know the status and trend of the market to invest in Altcoins.
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Bitcoin has been in control of the market since its inception and it appears that no alt coin can displace it from the first position. This is evidenced through the comparison of the market capitalization of Bitcoin and the other coins.
Actually it is humans who control the Crypto market, not Bitcoin or any Altcoins. However, because Bitcoin is the main coin, many people trade this coin in large quantities. So that the market capitalization of Bitcoin is always the highest and what happens to the price of Bitcoin is usually always followed by other Altcoins.
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Bitcoin, so far, Bitcoin is, and later Bitcoin will be still the one that influence the market.
We may never see that altcoin price will influence the Bitcoin and will control the price of all altcoins. So far, Bitcoin really holds it, the one that can give big influences to the market codnition.
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Since the introduction of Cryptocurrency and Blockchain technology, Bitcoin the first Cryptocurrency has been been dominating over other crypto coins like Ethereum and Altcoins that came after it.
In terms of market price, Bitcoin has the highest price when compare to Ethereum and Altcoins, this high market price has made Bitcoin to be the black gold in the crypto world because 1 BTC worth thousands of Ethereum and billions of Altcoins.
So Bitcoin is incomparable to the altcoins and Bitcoin will continue to have dominance and influence over the altcoins.
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Bitcoin has been in control of the market since its inception and it appears that no alt coin can displace it from the first position. This is evidenced through the comparison of the market capitalization of Bitcoin and the other coins.
Actually it is humans who control the Crypto market, not Bitcoin or any Altcoins. However, because Bitcoin is the main coin, many people trade this coin in large quantities. So that the market capitalization of Bitcoin is always the highest and what happens to the price of Bitcoin is usually always followed by other Altcoins.
Yes! You are right, it is human that controls the all the activities (such forex, spot and future trading) in the crypto markets but Bitcoin has a crypto coin has been the big boy with the highest market price and also has dominance and influence on the market price of other coins/tokens in the crypto market.
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Bitcoin Holders are stronger than Altcoin Holders, that's what I see, 2 million tokens never come out of Sathosi wallet and Whales in the top 10 list only issued Bitcoin in a few months, this is what makes Bitcoin price go up, because of the Number of Holders and they don't sell like altcoins do.
Altcoin's market cap will increase if new Altcoins have Holders like BTC, thus new investors will buy at high prices and continue like that.
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Bitcoin has been in control of the market since its inception and it appears that no alt coin can displace it from the first position. This is evidenced through the comparison of the market capitalization of Bitcoin and the other coins.
Of course no altcoin will beat the almighty Bitcoin when it comes to controlling the market. Bitcoin is the most widely used cryptocurrency right now, so it’s impossible for Ethereum and the rest of the altcoins to overtake Bitcoin once and for all in terms of market capitalization.
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Always Bitcoin. Altcoins are following the movement of Btc. Of course not all altcoins are meant to follow all the time you know for some instances there were/are altcoins able to rise even the market is bloody. Dominance of Btc matter.
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Always Bitcoin. Altcoins are following the movement of Btc. Of course not all altcoins are meant to follow all the time you know for some instances there were/are altcoins able to rise even the market is bloody. Dominance of Btc matter.
I agree, the dominance of the Bitcoin market within the Crypto market is huge. No one will be able to beat it, Bitcoin will always be number one.
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Bitcoin has been in control of the market since its inception and it appears that no alt coin can displace it from the first position. This is evidenced through the comparison of the market capitalization of Bitcoin and the other coins.
I agree with you. Let us not forget that this comparison is Bitcoin against every other Alts in terms of this market capitalization and not just a single Alt, this is to show us that Bitcoin is inevitably the best, It is Bitcoin against the rest and Bitcoin will continue to control the market except there will be a single Alt that can overtake Bitcoin in that sense.
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I agree with you. Let us not forget that this comparison is Bitcoin against every other Alts in terms of this market capitalization and not just a single Alt, this is to show us that Bitcoin is inevitably the best, It is Bitcoin against the rest and Bitcoin will continue to control the market except there will be a single Alt that can overtake Bitcoin in that sense.
Indeed at this time the crypto market is very dependent on the price of bitcoin. do you think this is something good or bad?. Considering if the dependence of something is very unbalanced, no matter how good a project other than BTC is.
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Bitcoin has been controlling the market and will control Bitcoin in the future. Altcoins follow bitcoins When the price of bitcoin falls, the value of most altcoins also falls.
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I see that although cryptocurrencies other than btc also have strong fundamentals and good projects, none of them are able to come close to the market cap of btc. Does Alt Coin CEO have to keep burning more coins until only a few million coins are left on the market?
right now it is btc or people who transact btc in the market who dominate the market..