Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Bitcoin Forum => Topic started by: princessgirl on October 01, 2018, 03:26:44 AM
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Bitcoin and altcoins are fulfilling the goal of the crypto industry. Each of these categories complement each other on the market although every coin has its unique goal. The downfall of one coin especially the large cap coins affects adversely the entire crypto market to a certain percentage.
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It is undeniable that bitcoin is the leader in crypto currency which will affect the price of all altcoins. But I think altcoins have the opportunity to grow well if their concepts are unique. And if the team works hard to develop coins, I'm sure they can compete with bitcoin.
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Bitcoin will surely remain the dominant in position as it always affects the whole market of altcoins when bitcoin drops price. That's how bitcoin control the market.
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The downfall of the big coin will make the other coins to get down too, and this will happen with bitcoin only. And if the other coins with the large-cap coins are getting down but the bitcoin is not down, then the other coins will not getting down too because they only follow with the bitcoin trend. So it only gives effects if bitcoin price is down in that time and all coins will follow to get down.
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Bitcoin has a great influence on the prices of all coins by the right of primacy. Unequivocally, there are a lot of good coins that have technical characteristics different from Bitcoin, there are those that are "token utility", but they all trade in a pair with Bitcoin and in case Bitcoin becomes cheaper in dollar equivalent, then other coins also get cheaper.
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Diversity is good, more Bitcoin for the bear market, more altcoins for the bull market though. BTC dominance, overall long-term is in enormous decline.
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As far as I know, altcoin price in the market is following bitcoin price, but expert say if bitcoin stable then altcoin will pump
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it is indeed true that the fall of one large coin can greatly affect the price of another crypto, and I think it will be one of the problems in trading.
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if in my opinion, many altcoins are now emerging in the market. but not all coins we get on the market. but if bitcoin is all crypto market, bro. even with bitcoin we can invest in altcoins
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The purpose of creating altcoins is not only to meet the needs of investors who cannot have altcoins at low prices, but also to complete the shortcomings that bitcoin does not have. But about price, bitcoin can always be a leader. Which bitcoin always influences altcoins because bitcoin is the coin that has the most communities.
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Bitcoin and altcoins are fulfilling the goal of the crypto industry. Each of these categories complement each other on the market although every coin has its unique goal. The downfall of one coin especially the large cap coins affects adversely the entire crypto market to a certain percentage.
I think Bitcoin still the best of crypto currency, But For now There are many potential altcoins. It is a good thin for the market.
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Bitcoin and altcoins are fulfilling the goal of the crypto industry. Each of these categories complement each other on the market although every coin has its unique goal. The downfall of one coin especially the large cap coins affects adversely the entire crypto market to a certain percentage.
I think Bitcoin still the King of crypto currency, but There are many potential altcoins like ethereum, ripple, Litecoin,NEO and EOS.
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For us now Many people are interested in investing in bitcoin and altcoin, I think for us bitcoin provides more benefits than altcoins, Bitcoin is very popular, so try once to invest in bitcoin. Both are part of Blockchain with popular media, the prototypical system used to explain blockchain is the bitcoin network.
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bitcoin and altcoin is a coin that has its own characteristics. but the main thing is bitcoin because the coin is still leading in the system cryptocurrency and still be a parent of another coin.
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yes it is true that in the crypto market that is much popular is Bitcoin and Altcoin and this influences each other so that if there is negative news from one of these coins it will be very influential especially if the Bitcoin has negative news because at the moment the market leader of crypto is Bitcoin
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bitcoin can affect the price of all altcoins because as we know it cannot be denied that bitcoin is the king who leads the crypto currency. but I think altcoins have the opportunity to grow well in the market if their concept is unique. and the team works hard developing coins, I'm sure they can compete with bitcoin
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Bitcoin certainly has an impact on altcoins prices, but I know several projects whose coins grow despite the bearish trend in the market, and this indicates their potential and professionalism of the team that develops the project and constantly attracts new investors, expanding the community. Therefore, you need to look at a single project and a coin.
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bitcoin can affect the price of all altcoins because as we know it cannot be denied that bitcoin is the king who leads the crypto currency. but I think altcoins have the opportunity to grow well in the market if their concept is unique. and the team works hard developing coins, I'm sure they can compete with bitcoin
true, indeed, that the altcoin has the same opportunity to reach success, occupying the bitcoin. We see bitcoin is able to affect the movement of other coins, he as King in crypto and this process was needed. same is the case with altcoin needs, space and time so that it is able to develop.
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As long as Bitcoin dominates the cryptocurrency market, it will have a strong influence on the prices of all altcoin and on the mood of crypto enthusiasts, investors and traders. Bitcoin has a large community and will remain the dominant coin in the market for a long time.
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As we know bitcion is dominant in the market as of now and the altcions Will competing in the market ...by helping it's other here the altcions Will have a brighter futures in the market
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I think in the future BTC will improve and make some altcoins like BCC useless.