Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Bitcoin Forum => Topic started by: kemalramdanu on October 14, 2018, 05:21:51 AM
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Most people believe that the price of altcoins' is determined by the price of bitcoin and that they tend to follow it's market movements.
I partially disagree with this. I have studied prices of coins and tokens on CMC and the fluctuations of each currency seems to be unique and independent of any other digital currency. Some show strong pumps when BTC goes down and some heavy dumps when BTC is rising.
Undoubtedly, there are market forces and factors which affects most currencies, this is not influenced by bitcoins price, it rather controls bitcoins' price as well as others.
So when trading or investing, make sure you treat each currency differently as they have different utilities.
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I think that controlling the price movements of all crypto currency including bitcoin depends on the presence of buyers and sellers,if it doesn't exist it seems like it will be very difficult to control the price of bitcoin.
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Most people believe that the price of altcoins' is determined by the price of bitcoin and that they tend to follow it's market movements.
I partially disagree with this. I have studied prices of coins and tokens on CMC and the fluctuations of each currency seems to be unique and independent of any other digital currency. Some show strong pumps when BTC goes down and some heavy dumps when BTC is rising.
Undoubtedly, there are market forces and factors which affects most currencies, this is not influenced by bitcoins price, it rather controls bitcoins' price as well as others.
So when trading or investing, make sure you treat each currency differently as they have different utilities.
For now majority of the people willl look at bitcoin to determine the fate of other altcoins but in the future this might not be the case.
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I think we can call Bitcoin controls the market, because all Altcoins are depending on Bitcoin movement. Who can control Bitcoin, they can control the market as their desire too
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I think. It not. Market is controller the all project business. So market place is choose the price up and down. People check the market price. Then people will be invest. It changes the price any time. People will be check the price day by day then invest. So market price is important of the all country business.
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I think the right statement is bitcoin is not controlling the market but bitcoin affects the market with prices. wherever the market is available it is an exchange that can be done with bitcoin, so I think bitcoin continues to influence the market.
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bitcoin is not a market controller, but the value of bitcoin is very influential with the value of other coins, from the large influence of bitcoin on other coins, as if bitcoin controls everything
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Most people believe that the price of altcoins' is determined by the price of bitcoin and that they tend to follow it's market movements.
I partially disagree with this. I have studied prices of coins and tokens on CMC and the fluctuations of each currency seems to be unique and independent of any other digital currency. Some show strong pumps when BTC goes down and some heavy dumps when BTC is rising.
Undoubtedly, there are market forces and factors which affects most currencies, this is not influenced by bitcoins price, it rather controls bitcoins' price as well as others.
So when trading or investing, make sure you treat each currency differently as they have different utilities.
Yes, I see. The bitcoin price will affect the value of all crypto currency. I agree about bitcoin controll the market.
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Though we say all altcoins price does not depends on BTC but when we see to market we see opposite direction. Even after huge dump of market when BTC going pump all altcoins price going pump. Only some days ago i see when BTC price was gone high, ETH price gone low. So actually we can not clearly say in what matters market depends!!
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To an extent I will that Bitcoin does control the market, the reason is that all coins are traded against Bitcoin so when bitcoin drops, it affect other coins.
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In the essence of whales bitcoin controls the market flow because of whales behind the scenes.
The changing values of bitcoin drives others to draw near to bitcoin but some made themselves far from bitcoin. Everyone have own purposes that something good for self gain. Anyway even bitcoin controls the market it wouldn't,control everything related in crypto.
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Yes Bitcoin is always control this market from the start and will continue to control in the future too. Bitcoin had the most influence and popularity compare to othe coins on the market
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I agree, Bitcoin dominates the crypto market and its capitalization exceeds half the capitalization of the entire crypto market, but its main feature is its effect on the prices of all altcoins. Most likely, this trend will be observed for a long time until serious changes occur in the crypto market.
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bitcoin is very influential on the crypto currency market, so that means bitcoin is controlling market prices
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We can't say bitcoin will always control the market because the dominance of bitcoin on the cryotocurrency field getting decrease over the days so if that falls too much then other coins may move their prices independent of bitcoin.But people onmy trusting bitcoin more than another coins so it will be the king always in my opinion.
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I think Bitcoin price can control the market too, therefore more and more people try to manipulate Bitcoin price to have the control of the market
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it looks like bitcoin is controlling the coin price movement of cryptocurrency in place of exchange, so there are so many coins that have prices depending on the price movements of bitcoin.
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Everyone has his own goal that something is good for his own benefit. Even bitcoin controls the market that doesn't exist, controls everything related to crypto.The values of bitcoin change encourage others to approach bitcoin but some make themselves far from bitcoin.
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yes, of course, bitcoin will still control prices in the cryptocurrency market because all existing cryptocurrency including altcoin will also follow the price movements of bitcoin.
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Yes I believe that bitcoin dominated the market. It easier to find out that when market dumping you may notice that bitcoin price dumping also.
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Yes some tokens and coins going independenly. But in general all alts going up or down exactly with bitcoin! About 90%
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Bitcoin is for sure not controlling the market, but it has great influence on it and that is a fact, it is totally normal that the biggest Cryptocurrency moves will affect other Crypto moves too, people are looking to Bitcoin to measure the whole Crypto market success and even at some point to measure Blockchain technology success, so ya Bitcoin have great effect but Bitcoin is not controlling the market.
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it looks like bitcoin is controlling the coin price movement of cryptocurrency in place of exchange, so there are so many coins that have prices depending on the price movements of bitcoin.
Bitcoin cannot control the price of cryptocurrencies but due to normal pattern about the basis of all, everybody does not have any choice but to follow the trend. It is bitcoin who can start the trend of market but not the one who controls.
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This Bitcoin martket control of other crypto prices is true. We have seen it happen on numerous times, though Bitcoin has its own used cases that is deffernt from most coins, but it is very obvious, and even a layman can observe the trend at the coinmarketcap that Bitcoin up and down price movements has great effects on the prices of most coins.
If by tomorrow Bitcoin pump up, definitely most coins will also follow. Let take take a critical look at this trends to get a good analysis. Thank you all.
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According to my analysis, bitcoin will still control prices in the cryptocurrency market because all existing cryptocurrency including altcoin will also follow the price movements of bitcoin.
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everyone has no choice but to follow the trend. Bitcoin can initiate market trends but not people who are in control. Bitcoin cannot control the price of cryptocurrency but because of the normal pattern about all bases.
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Bitcoin does not control the market completely but have an influence on the market. Because most coins are paired to Bitcoin and serve as a standard of measure for most of the coins on the market, BTC always have an impact on the market whenever it goes up or down. Secondly, it has got the largest market cap which means it has the largest crypto investor base, hence BTC investors have great influence on the entire market.
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Bitcoin prices greatly affect the movement of all the altcoin prices at this time. So Bitcoin became central to the cryptocurrency movement, when the bitcoin price moves up all up to rise and so is the opposite. So Bitcoin will control all the movement of the cryptocurrency price.
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I think Bitcoin price can control the market too, therefore more and more people try to manipulate Bitcoin price to have the control of the market
Agreed and just like in the current bear market when many whale are trying to dump the market for their purpose of profit
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most coins are paired with Bitcoin and function as a standard size for most coins on the market, BTC always impacts the market every time up or down. Second, it has the largest market capitalization, which means it has the largest crypto investor base, so BTC investors have a large influence on the entire market.
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Yes, for now bitcoin is still the leading crypto currency and it looks like that other coins are dependent on the movement of bitcoin because when bitcoin drops some of altcoins are also dropping too bad.
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We all know, Bitcoin is at the center of the cryptocurrency movement, when the price of bitcoin rises everything goes up and vice versa. So Bitcoin will control all cryptocurrency price movements. The price of Bitcoin greatly influences the movement of all current altcoin prices.
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BTC always impacts the market every time it goes up or down. It has the largest market capitalization which means it has the largest crypto investor base, so BTC investors have a big influence on the entire market.
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Yes bitcoin does controls the market and no two ways about that.
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bitcoin is very influential in crypto, because bitcoin is the most popular among the other coins, which is why bitcoin is called the crypto market controller
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BTC always impacts the market every time it goes up or down. Second, it has the largest market capitalization which means it has the largest crypto investor base, so BTC investors have a big influence on the entire market. Bitcoin does not fully control the market but has an influence on the market. Because most coins are paired with Bitcoin and function as standard sizes for most coins on the market.
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Not Bitcoin but whales. Bitcoin is just the most traded cryptocurrency in the market. Though most altcoins are funded by bitcoin and ethereum so whenever the btc price goes crazy, the rest follows.
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Bitcoin has its own characteristics and this proves that independent Bitcoin does not side with anyone.
The prices of altcoins are determined by themselves and they also follow the price of Bitcoin.
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I think bitcoin is controlling the market because bitcoin is the king of crypto and the benchmark for all altcoin prices,the value of bitcoin has a big influence on other coins,when the price of bitcoin falls,the price of another coin decreases.
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There are coins growing without the trend of Bitcoin so I really do not believe that all coins are in control of Bitcoin market but 80% of the market is control by Bitcoin.
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Bitcoin price dominates other types of cryptocurrency. This is clearly seen in the example of the past in 2018, when from the beginning of the year Bitcoin began to lose its price from $ 20,000, until it dropped to almost $ 6,000. At the same time, almost the entire cryptocurrency also synchronously fell in price along with Bitcoin. It is believed that such an opportunity appeared in Bitcoin due to its high level of capitalization.
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I believe because bitcoin is the father of all cryptos, it certainly has some influence on the market and that it’s rise or fall may either positively or negatively affect other coins.
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Bitcoin does not control the market, but impacts it either positively or negatively..
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I think bitcoin really controls the market. We can all see that if bitcoin fall all altcoin and crypto coin are also fall down. Maybe it is all because the trust of the crypto believer is in the hand of bitcoin. If bitcoin fall small investors got panic and sell thatvis why there is a huge effect on the crypto coin price.
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It is true that every token has a different currency utility, not all token prices are affected by the rise and fall of Bitcoin, many other factors that cause the rise or fall of a coin other than Bitocin, and we should not overestimate predictions of a coin fluctuation from the price of Bitcoin.
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For now bitcoin is very influential on altcoin, because almost all pairs are connected to bitcoin. But in the next few years bitcoin may be displaced by other coins with newer technology with faster and cheaper transactions and safer.
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In fact, the value of bitcoin has a big influence on other coins, when the price of bitcoin falls, the price of other coins decreases.
I think bitcoin controls the market because bitcoin is the king of crypto and the benchmark for all altcoin prices.
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I think the altcoin price is determined by themselves and they also follow the price of Bitcoin and Bitcoin has its own characteristics and this proves that independent Bitcoin is impartial to anyone
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Although the crypto market, I believe is mainly controlled by buyers and sellers, however since bitcoin is now d highest in terms of value, the most popularly used and traded, it may certainly have some effect on the other cryptos.
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Most people believe that the price of altcoins' is determined by the price of bitcoin and that they tend to follow it's market movements.
I partially disagree with this. I have studied prices of coins and tokens on CMC and the fluctuations of each currency seems to be unique and independent of any other digital currency. Some show strong pumps when BTC goes down and some heavy dumps when BTC is rising.
Undoubtedly, there are market forces and factors which affects most currencies, this is not influenced by bitcoins price, it rather controls bitcoins' price as well as others.
So when trading or investing, make sure you treat each currency differently as they have different utilities.
Yes I think It is true. Bitcoin controll the market, because I see the bitcoin price will affect the value of all altcoins. Because bitcoin is still the King of crypto currency.
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In my opinion I think not bitcoin manipulating the market but those big whales I guess. We really dont know what are their plan for cryptocurrency or when they will put again their big funds on crypto. It might be they are awaiting for the very low price of the market, especially in bitcoin before they enter again in crypto.
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Most people believe that the price of altcoins' is determined by the price of bitcoin and that they tend to follow it's market movements.
I partially disagree with this. I have studied prices of coins and tokens on CMC and the fluctuations of each currency seems to be unique and independent of any other digital currency. Some show strong pumps when BTC goes down and some heavy dumps when BTC is rising.
Undoubtedly, there are market forces and factors which affects most currencies, this is not influenced by bitcoins price, it rather controls bitcoins' price as well as others.
So when trading or investing, make sure you treat each currency differently as they have different utilities.
I think demand and supply is the basic major which control the market. But Bitcoin price also affect the value of all altcoins.
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Most people believe that the price of altcoins' is determined by the price of bitcoin and that they tend to follow it's market movements.
I partially disagree with this. I have studied prices of coins and tokens on CMC and the fluctuations of each currency seems to be unique and independent of any other digital currency. Some show strong pumps when BTC goes down and some heavy dumps when BTC is rising.
Undoubtedly, there are market forces and factors which affects most currencies, this is not influenced by bitcoins price, it rather controls bitcoins' price as well as others.
So when trading or investing, make sure you treat each currency differently as they have different utilities.
In my opinion, I think Bitcoin is still the King of crypto currency, The price if bitcoin will affect all altcoins price. So, It is true, Bitcoin controll the market.
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Yes I believe that Bitcoin is controlling the market now and it will continue that in the future too because Bitcoin has the most influence and popularity in crypto world
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Bitcoin controls the market, because I see the price of bitcoin will affect the value of all altcoins. Because bitcoin is still the king of crypto currencies.
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I believe bitcoin always dictate the price of all another altcoin. I noticed it last year whenever bitcoin price rises all the other altcoin will rise but once bitcoin goes down all of them will always go down.
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altcoin prices are determined by themselves and they also follow the price of Bitcoin and Bitcoin has its own characteristics and this proves that independent Bitcoin is impartial to anyone
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I think the answer is yes because Bitcoin has the most influence and popularity, who control the price of Bitcoin can also control the whole market too.
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Obviously I believe bitcoin control the market. You can easily get its proofnesss, when you notice the bitcoin price is reducing simultaneously all others coins also reducing.
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Yes right now the marketcap of bitcoin its aroud 52%of total marketcap, conform coinmarketcap,its most popular coin and used coin in the world.
Indifferent in witch direction the price of btc will go will affect all altcoins.
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Bitcoin does not totally control the entire market but in some parts.
Altcoins can go beyond without bitcoin.
Altcoins have its own investors and ways of effective marketing strategy.
Altcoins is cheaper than bitcoin because it is not the main factor in crypto.
Bitcoin is the influencer to make altcoins great to promote big names
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Undoubtedly, there is a certain connection, but still, each cryptocurrency is independent.
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Certainly yes !!! From the price of Bitcoin depends on the price of other cryptocurrencies, with the fall of Bitcoin, we all saw that the other authoritative cryptocurrencies, such as Ethereum, too, fell. It seems to me that while Bitcoin has no direct competitors, and it is the owner of the market !!!
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Безусловно да!!! От цены Биткойна зависит цена на другие криптовалюты,с падением Биткойна мы все увидели что и остальные авторитетные криптовалюты ,например такие как Эфириум тоже упали. Мне кажется что пока у биткойна прямых конкурентов нет, и он хозяин рынка!!!
Sorry but rules are clear.
You have to write in english if the post started in English.
Undoubtedly, there is a certain connection, but still, each cryptocurrency is independent.
You are right but please bear in mind that many investors have reference to dollars paid for tokens. So if market dumps for eth or btc, the price goes down and investors lose in Dollar value.
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Yes bitcoin control cryptocurrency market because all altcoins directly and indirectly depending upon bitcoin market and volume.
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I think that even Ether depends on the price of Bitcoin, the answer is obvious.
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it's true with all that and I also really believe and see that bitcoin controls the market, and many are dependent on bitcoin.
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Yes, I think it is true. Since Bitcoin price influences the other coin's prices, it exactly controls the prices on market. We know that if the price of Bitcoin drops, then the prices of most coins are affected. That is why the Bitcoin like the King in crypto system.
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Yes right now the marketcap of bitcoin its aroud 52%of total marketcap, conform coinmarketcap,its most popular coin and used coin in the world.
Indifferent in witch direction the price of btc will go will affect all altcoins.
Right, coinmarketcaps is the largest web provider of information about all crypto coins. With the dominance of bitcoins of that size, of course it is still a dominance to give price effects to other coins.
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As the main and famous coin, I feel that bitcoin is still the market controller. It can't be denied anymore. All altcoin prices follow the movement of bitcoin. So it's not surprising that bitcoin is the most sought-after coin by traders.
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Looking at how the different cryptocurrencies reacts or changes at coinmarketcap everytime Bitcoin's value rise or fall, it may seems that Bitcoin do control the market. There is no doubt that Bitcoin has had a revolutionary impact on the cryptocurrency space being the most popular and considered by many investors as the original digital currency to exist. It has been among the most fascinating tradable assets to watch over and to this day remains the number one by market cap.
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In cryptocurrency i have not seen any currency that have taking Bitcoin, though the Bitcoin price falls and raise yet Bitcoin still incharge, it control the market.
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All coins depend not only on Bitcoin, but also on their capitalization, so we see such differences when Bitcoin and other coins rise and fall, but if you take a closer look, after a while, all altcoins follow Bitcoin!
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The tendency of most coin raising when bitcoin is usually high. It is on exceptional cases that some coins raise in price when bitcoin is falling.
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I believe that Bitcoin is the main cryptocurrency and it is an indicator of the market and the driver at the same time. In many ways, the prices of other coins in the cryptocurrency market depend on the price of Bitcoin.
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The idea that investors are the ones who control Bitcoin is not a new idea. In 2017, Bitcoin hodlers’ collective level of control over the network was put to the test as large companies in the space combined with more than 90% of the network hashrate in an attempt to move everyone over to a new network they would agree to call “Bitcoin.”
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There is a common joke in crypto that when bitcoin pumps, altcoins coins dump, and when bitcoin dumps, altcoins dump. This has often been true.I think BTC controls the market.
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It’s true that Bitcoin always control the market because it’s has the most popularity and therefore people are always try to control Bitcoin price to control the market
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That's right, that's what I've felt so far. The crypto market is very dependent on bitcoin. So that bitcoin remains the irreplaceable king of crypto.
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in fact bitcoin always has a price effect on every movement in the crypto market
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It is the fact and true if Bitcoin controls the other prices of altcoins. We must know and realize that Bitcoin price influences the improvement of altcoins. We can compare the Bitcoin price to altcoins prices, and we must find out the correlation.
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Bitcoin has a price dominance over other types of cryptocurrency due to its high level of capitalization. Still, the other types of cryptocurrencies generally repeat bitcoin price movements and this is clearly seen in the CoinMarketCap table. Sometimes a rise or fall in the price of Bitcoin does not immediately affect the price of a certain coin or token, however this happens very rarely due to the characteristics of the development of such cryptocurrency.
I hope that over time the market will become more mature and free from the price dominance of Bitcoin.
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From my own experience I want to say that I think market depends from bitcoin, how many times I watched when the market began to grow, namely bitcoin, and other altcoins also began to grow, but sometimes the market grew when bitcoin was stayind at one place or fell, it’s difficult to say everything depends from bitcoin or not, but I’m pretty sure that all this is related to bitcoin.
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yes that's myself feeling bitcoin stability definitely all altcoins are dependent of it. have you noticed when price of others altcoins going down due to bitcoin price goes down,so we can see a correlation . truly bitcoin dominate the market and others alternative coins can't escapes the dominant of bitcoin because bitcoin remains irreplaceable king
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Actually, I don't know how it works exactly. But, unfortunately, I think yes. We can see how the influence of Bitcoin for the market. Every time this coin drops, it always influences the price of altcoins. This is because the bitcoin is used as the main transaction method for payment the other coins or tokens. Additionally, the people will put their trust highly on BTC, so when it drops, they will also reduce the trust on the other coins.
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Bitcoin always control the market and will be always like that, there are a lot of altcoins with modern technology and better than Bitcoin but they still can’t replace Bitcoin because Bitcoin has the most popularity
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In the world of bitcoin cryptocurrency as the main coin that always controls the market. Bitcoin will always be the controller of prices on the crypto market. This cannot be denied by other altcoins.
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If I agree, it turns out it has been proven and this happens many times, that every Bitcoin price rises the price of Altcoin also goes up, and vice versa. if the price of Bitcoin goes down, the price of Altcoin also goes down. It's true, this change in the price of the coin is influenced by supply and demand, but what I see on the market is that.
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Until now, the market has little control over the market, but in the bad days it will dominate it
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Actually this is not true bitcoin will control in the market because as far as I know bitcoin will depends the volume of the investors continued there profits to share otherwise market is only exchange whuch is the prices can be seen to be granted in all members joined in this programs.
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I don't feel sure if bitcoin can control the market, it's just that it would be more appropriate if we call it if bitcoin is very influential on the market.
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Periodic manipulations with the price of bitcoin on the cryptocurrency market are still quite possible. A group of holders of large wallets with bitcoins, quite in collusion, may influence the price of bitcoin in the cryptocurrency market. However, hardly anyone can fully control the market. To do this, you need to throw out a large number of bitcoins on the market, and then buy them. This will be contrary to the task of making a profit, such control is likely to cause losses, since the cryptocurrency market is very unpredictable.
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it's true that bitcoin is very influential in the market and I also feel that bitvoin can control the market, because we know that in fact bitcoin is able to influence the price of other coins in the crypto market.
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No one controls the crypto price, I have seen the crypto market for 1 year and crypto investors have a considerable impact on the coins they want to buy. If the price of BTC rises then the price of other coins will rise. I don't think it is like that.
because the type of altcoin and BTC exchange causes price differences and investors will follow the BTC price because BTC is the first coin in crypto exchange.
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Most people believe that the price of altcoins' is determined by the price of bitcoin and that they tend to follow it's market movements.
I partially disagree with this. I have studied prices of coins and tokens on CMC and the fluctuations of each currency seems to be unique and independent of any other digital currency. Some show strong pumps when BTC goes down and some heavy dumps when BTC is rising.
Undoubtedly, there are market forces and factors which affects most currencies, this is not influenced by bitcoins price, it rather controls bitcoins' price as well as others.
So when trading or investing, make sure you treat each currency differently as they have different utilities.
You make a good point, on the surface it seems that Bitcoin does control the market ...but bigger factors are at play behind the scenes that affect all cryptos. However, you can get a good gauge on the crypto market in general by first checking Bitcoin due to the fact that it dominates the total market capitalization... and with most of the total activity in Bitcoin, it's no wonder that its value is affected first.
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if according to the experience that I got while investing in the digital world of bitcoin. may we say that 90% bitcoin controls the price of Cryptocurrency. because bitcoin is the king and the driver of all coins.
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I think that controlling the price movements of all crypto currency including bitcoin depends on the presence of buyers and sellers,if it doesn't exist it seems like it will be very difficult to control the price of bitcoin.
Nobody owns the Bitcoin network much like no one owns the technology behind email. Bitcoin is controlled by all Bitcoin users around the world. While developers are improving the software, they can't force a change in the Bitcoin protocol because all users are free to choose what software and version they use. In order to stay compatible with each other, all users need to use software complying with the same rules. Bitcoin can only work correctly with a complete consensus among all users. Therefore, all users and developers have a strong incentive to protect this consensus.
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I think Bitcoin doesn't control the market, it just influences many crypto coins [not all coins]. Well, it is true that Bitcoin is a coin that many crypto coins following the increase or decline. However, it cannot make Bitcoin become the absolute price determinant. There are many other factors that give contributions.
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Well no matter how other coins perform in the market, Bitcoin directly or indirectly has an influence in the crypto market when it rise or fall.
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A blockchain start-up analysis, as part of a study of Bitcoin wallets, concluded that a group of 1600 addresses controlled a third of all coins on the market for $ 37.5 billion.
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I think no, because some coins are pumping even though the bitcoin is not even in good shape. I think its just the matter of fact that Bitcoin is the face of the market and people got scared when its value goes down.
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as far as I know, it's true that almost all altcoins follow the movement of bitcoin, and bitcoin is still very influential in the trading of altcoin coins.
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What I've been feeling for so long is the altcoin movement depends on the bitcoin movement. So when altcoin without bitcoin feels dead.
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Yes I think that Bitcoin still controls the market since it has the most influence and popularity and highest domination on the market capitalization
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as far as I know, it's true that almost all altcoins follow the movement of bitcoin, and bitcoin is still very influential in the trading of altcoin coins.
They do follow Bitcoin. Therefore, to monitor the market, you should start to check Bitcoin rates more often.
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The Bitcoin dominance changes with the market trend.
When we are at start of a bullish trend, dominance is high and it could be an useful signal to invest in altcoins.
Indeed the next step is alcoin run and Bitcoin dominance loss.
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The fact is that bitcoin dominates the market. The value of bitcoin continues to rise without control, while the other altcoins are still in place, some even go down a bit. So in my opinion, crypto markets are controlled by bitcoin.
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at this moment, almost people believe bitcoin control the market, if bitcoin change its value, the market has followed bitcoin, bitcoin with high volume can easy do it
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I agree if Bitcoin controls crypto market since it influences other crypto prices. If Bitcoin price is getting down, then other crypto prices will drop. But when Bitcoin price is rising, there is a chance for other crypto prices to increase as well. I think it is clear that Bitcoin controls crypto values on market.
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Most people believe that the price of altcoins' is determined by the price of bitcoin and that they tend to follow it's market movements.
I partially disagree with this. I have studied prices of coins and tokens on CMC and the fluctuations of each currency seems to be unique and independent of any other digital currency. Some show strong pumps when BTC goes down and some heavy dumps when BTC is rising.
Undoubtedly, there are market forces and factors which affects most currencies, this is not influenced by bitcoins price, it rather controls bitcoins' price as well as others.
So when trading or investing, make sure you treat each currency differently as they have different utilities.
I think It is true. The price of altcoins determined by tge price of bitcoin. Because Bitcoin is pioneer, bitcoin is the King of cryptocurrency. But, The altcoins price also determined by demand and supply. Negative issue also affect the market.
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Most people believe that the price of altcoins' is determined by the price of bitcoin and that they tend to follow it's market movements.
I partially disagree with this. I have studied prices of coins and tokens on CMC and the fluctuations of each currency seems to be unique and independent of any other digital currency. Some show strong pumps when BTC goes down and some heavy dumps when BTC is rising.
Undoubtedly, there are market forces and factors which affects most currencies, this is not influenced by bitcoins price, it rather controls bitcoins' price as well as others.
So when trading or investing, make sure you treat each currency differently as they have different utilities.
No I dont agree with the statement Bitcoin control the market. although bitcoin is more popular than other. I think the main factors control the market is demand and supply. Bitcoin also the coin, Bitcoin also affeceted by the demand and supply
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I think what BTC does is showing the potential of crypto in general. Maybe in this sense it really does affect the market. But also sometimes when BTC shows instability it can make people pay more attention to other currencies, so it's like a double-edged sword IMO
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Most people believe that the price of altcoins' is determined by the price of bitcoin and that they tend to follow it's market movements.
I partially disagree with this. I have studied prices of coins and tokens on CMC and the fluctuations of each currency seems to be unique and independent of any other digital currency. Some show strong pumps when BTC goes down and some heavy dumps when BTC is rising.
Undoubtedly, there are market forces and factors which affects most currencies, this is not influenced by bitcoins price, it rather controls bitcoins' price as well as others.
So when trading or investing, make sure you treat each currency differently as they have different utilities.
No I dont agree with the statement Bitcoin control the market. although bitcoin is more popular than other. I think the main factors control the market is demand and supply. Bitcoin also the coin, Bitcoin also affeceted by the demand and supply
So far this is really a difficult question: does Bitcoin fall along with others, like an ordinary cryptocurrency, or does Bitcoin first fall, and then its fall causes the fall of all other types of cryptocurrencies. How to check if outwardly everything looks the same? Most likely, we can find out only when Bitcoin loses its high capitalization, which, as is commonly believed, gives it dominance in price.
If there is a price dominance of bitcoin, then it will come about anyway, since such dominance restrains the normal development of the market.
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Bitcoin is the mother ship for a majority of cryptocurrencies today, meaning that they have repurposed its code and are dependent on BTC.For this reason I think Bitcoin control the market.
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Bitcoin is control of the cryptomarket thus if Bitcoin price down the whole cryptomarket is going red if Bitcoin price up also that reflects in cryptomarket so Bitcoin is the king of the cryptomarket Bitcoin has high popularity so Bitcoin domination is increasing in cryptomarket.
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Yes, it is correct. Bitcoin has a big role to control the market trend. When Bitcoin price increases, the other coins/tokens follow it to move up their prices as well. This makes a good trend in crypto market, all become in a green mark. So, it proves that Bitcoin really influences the market.
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Bitcoin was the first Cryptocurrency that was born, and because of this Bitcoin many other coins appeared. And Bitcoin also has the highest price of the many existing coins. Therefore, it is feasible if Bitcoin is in control of the market. Because Bitcoin is the main destination of investors and traders of Cryto.
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Bitcoin has a big role to control the market trend. When Bitcoin price increases, the other coins/tokens follow it to move up their prices as well.
Yes, it is how the Bitcoin influences other crypto coins. Bitcoin value is indeed the factor to determine altcoins prices whether to increase or to drop. But I think it doesn't apply to stable coins such as USDT. That coin follows the price or rate of USD. So, Bitcoin may just influence it very little.
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Cryptocurrency exchange charts show that a decrease in the BTC price inevitably affects the exchange rate of ETH, XRP, Litecoin (LTC) and other assets.This is very indicative of market control by BTC.
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In general, this is true. Due to the high level of capitalization, bitcoin dictates the direction of price movement for the rest of the cryptocurrencies. Some altcoins may not keep up with the price movement of bitcoin, some, for various reasons, may even act contrary to the price movement of bitcoin for a certain time, but in general, bitcoin still dominates the price ratio in the cryptocurrency market.
I don't think this will always be the case. The time will come when Bitcoin's price dominance will disappear after its market capitalization drops to the level of capitalization of other altcoins.
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Yes, Bitcoin seems to control the crypto market because it gives a big influence on the trend in crypto market. Just look at the effect of the bullish in Bitcoin, it triggers other coins to soar as well. Although the impacts don't apply to the altcoins quickly, but the impacts are real to influence them.
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No. the BTC cannot control the market but BTC can define the market. The volatility of BTC enhances the chance to up and down so easily. But it doesn't mean that BTC controls the market. it is a different choice right here and we can see the volatility of the coins to trade including BTC
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You are right but on the other hand we still can't deny the fact that bitcoin plays the big part everytime it goes down and it goes up. Most of the time when the price dumped and rise back the price of some certain coins couldn't make to recover after the effect of bitcoin's downfall.
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Yeah bitcoin control the market. If you look at the market, you will see that if btc is pumped, the whole market is pumped and if btc is dumped, the whole market is dumped. Thats why I believe bitcoin control the market.
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Because many coins can be influenced by the Bitcoin trend or Bitcoin price, I think Bitcoin controls the market. Even if in the fact, the demand from investors or people who want to buy is the main thing to control the market. We have been familiar with the effect of the price move in Bitcoin, whether good effects and bad effects.
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I think that controlling the market is not bitcoin but depends on the balance of supply and demand according to market laws. When cryptocurrency is in demand, the price will rise and vice versa when demand is low, the price will fall. Rapid changes in the balance of supply and demand cause price volatility. Any drastic movement in the chart encourages traders to buy or sell.
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yes of course bitcoin has an influence on the movement of all cryptocurrency prices, so you have to be able to follow the movements because if it can't be like that then we will lose.
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Now days market is under control whales are in next target is 17k.
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Buying a bitcoin is different than purchasing a stock or bond because bitcoin is not a corporation. Consequently, there are no corporate balance sheets or Form 10-Ks to review.The supply of bitcoin and market demand for it determines if it leads or not.
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Bitcoin is bullish now btc care any thing whales on the way big profit is coming guys wait for it.
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Now the dominance of bitcoin has reached the level of 65.4%. This is because investors sell their altcoins and buy bitcoin. Now is a very good time to invest in altcoins.
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bitcoin will always control the exchange because so far when the bitcoin price goes up it will have a good impact on the price movements of other cryptocurrencies.
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bitcoin will always control the exchange because so far when the bitcoin price goes up it will have a good impact on the price movements of other cryptocurrencies.
well, I totally agree with what you said because currently the spearhead of the cryptocurrency price movement is the price movement of bitcoin. so always monitor bitcoin price movements.
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When trading or investing, make sure you treat each currency differently as they have different utilities.
This should have to be done of course. If fail to do this, then you are stepping into an open ground of risking your fund. I believe most of the investors and traders know it well.
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Bitcoin market yes bitcoin is king when btc pump then all world market pump.
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This is not so important, now we see the growth of bitcoin without the growth of alts practically! The most important is the news background, which allows the coins to grow individually or to grow the entire market! Each token is unique and has a different value! I believe that bitcoin, due to its large capitalization, affects the market violas, but not so much!
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Yes agree to that, the decreasing value of Crypto currency is not directly related to the current Bitcoin value. Your explanation is correct that there are other factors that drives down the value out any crypto currency.
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of course bitcoin controls the price movements of all cryptocurrencies on the exchange but when the emergence of a new project that has the initials Y, bitcoin is no longer the spearhead, because the crazy price of YFI can beat the price of bitcoin.
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Yes i know bitcoin is the king of all coins. If the price of bitcoin increase then all the coins also increase in the same way when it is going down then most of the coin also going down. I think all the coins corelate with bitcoin. In this concern i can say that bitcoin control the market.
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of course bitcoin controls the price movements of all cryptocurrencies on the exchange but when the emergence of a new project that has the initials Y, bitcoin is no longer the spearhead, because the crazy price of YFI can beat the price of bitcoin.
for the price we have to admit that it can beat bitcoin but in trading it is not the price side that makes the token survive but is the number of trades that can make the token be rewarded and survive. bitcoin is the one that rules the trading market and not yfi, so there won't be any changes but bitcoin is the target. yfi is not traded too much and many doubt its value, the price will automatically fall back because the market does not respond well.
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Yes i know bitcoin is the king of all coins. If the price of bitcoin increase then all the coins also increase in the same way when it is going down then most of the coin also going down. I think all the coins corelate with bitcoin. In this concern i can say that bitcoin control the market.
agree with what you say who controls the market then he can be said to be the king of crypto, bitcoin has shown this and many do not doubt because it can be seen that bitcoin trading is the most active compared to the others.
It is true, that usually when bitcoin has an increase it will be followed by other altcoins, but now it seems that altcoins are surprised by the rapid increase and they are not ready, but in time altcoins will experience an increase too.
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Really no, Bitcoin doesn't control the market. But Bitcoin is the one that other altcoins will follow the prospects of the coins . In this case, investing in Bitcoin will never regret and we can really make certain different ways to win and BTC supply and demand will really give a big influence on the crypto market
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As the king of coin, of course it is easy for bitcoin to control the market. Because there are indeed many altcoins that can be exchanged for bitcoins. Of course a lot of people also do their altcoin transactions in bitcoin. When the price of bitcoin rises or falls, it will be followed by altcoins.
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Yes because the most of altscoins are affect by the every move what btc are making,when btc price go down alts price its going down,and the worth part is when btc is going up usualy the price for alts is going down.
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Bitcoin always impacts in the crypto market. Every single moment it goes up and down. It has large number of market capitalization which means it has the largest crypto investor base, so BTC investors have a big influence on the entire market. Bitcoin does not fully control the market but has an influence on the market. Because most coins are paired with Bitcoin. As far i know bitcoin cover 57% capital on the market. So definitely it will control the whole market.
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The market is full of competition between crypto and support from crypto enthusiasts. Coin with less supporters are in difficulty to win the battle. But the coin with greater number of supporters will win the market and dominate the other. In Bitcoin case looks the same for it is the strongest coin in crypto sphere. No doubt that it will lead the market. However, it is not bitcoin who controls the market but the big name of people behind the scene.
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I think Bitcoin can control the market. Because it has been proven that the increase in bitcoin will definitely be followed by an increase in altcoins and vice versa. this is because bitcoin is the king of coins.
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Really no, Bitcoin doesn't control the market. But Bitcoin is the one that other altcoins will follow the prospects of the coins . In this case, investing in Bitcoin will never regret and we can really make certain different ways to win and BTC supply and demand will really give a big influence on the crypto market
It seems bitcoin control the market because bitcoin demand is high and supply limited, Bitcoin is the biggest communities. Altcoins have be follower of bitcoin. Bitcoin is Always be the King of cryptocurrencies, Altcoins will follow bitcoin, But It is not controlling.
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Bitcoin has taken a place in the cryptocurrency world where, as the price of Bitcoin rises, the price of almost all products rises, token prices rise, and when the price of Bitcoin falls, its price falls for a long time.
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This is not so important, now we see the growth of bitcoin without the growth of alts practically!
Altcoin prices still depend on bitcoin price movements, including the growth of altcoins, this we can see when bitcoin is correction and altcoins also follow bitcoin and vice versa,
Even if there is a coin that beats the market cap of bitcoin I'm still not sure that it will avoid the impact of bitcoin price when it correction.
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Bitcoin is the king of all coins over the years and there is no competitor of Bitcoin yet who can be a threat of it. A coin that holds more than 60% of market capital alone where more than 7000 coins only hold less than 40% capital is the has power to control all the crypto markets. If bitcoin markets becomes unstable, altcoins maket will become unstable. So in single words, Bitcoin is the controller of the crypto market.
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I don't think bitcoin will control the market, because I think demand and supply will control the market, Bitcoin just another factor. I have seen bitcoin increase and pumping, but altcoins are still struggling. When bitcoin decrease, Altcoins stagnant.
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I think bitcoin could control the market. Because it is indeed the king of coin, bitcoin holds full power in the market. The price of bitcoin goes up, so altcoins also go up. And vice versa.
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I think partly Bitcoin controls the market but mean it controls all! the influence of Bitcoin on the marketplace is very big that some altscoin move towards BTC movement. I know some traders observe that if BTC goes upward some alts would also go upward but if it goes down mostly all alts decreases it's value in the marketpalce
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I think bitcoin could control the market. Because it is indeed the king of coin, bitcoin holds full power in the market. The price of bitcoin goes up, so altcoins also go up. And vice versa.
If bitcoin will be the global acceptance currencies then it would highly possible to dominate bitcoin to others cryptocurrencies, euros and dollars. But is it quite possible!!
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Bitcoin has been able to dominate. Has been able to dominate the cryptocurrency market around the world. The price of Bitcoin has skyrocketed as a result of the momentary domination. With the price of Bitcoin around the world, many types of investors are investing in different types, such as small range, large range, medium range. Bitcoin has gained dominance.
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I think we can call Bitcoin controls the market, because all Altcoins are depending on Bitcoin movement. Who can control Bitcoin, they can control the market as their desire too
If it is then why not altcoin increase. I see that bitcoin is increasing rapidly where altcoins have no change. They are in the same position. Nothing is change some altcoins get down.
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I think we can call Bitcoin controls the market, because all Altcoins are depending on Bitcoin movement. Who can control Bitcoin, they can control the market as their desire too
If it is then why not altcoin increase. I see that bitcoin is increasing rapidly where altcoins have no change. They are in the same position. Nothing is change some altcoins get down.
Altcoins cannot increase because of the very fast movement of bitcoins, try to see the past few months, bitcoin can go down and increase again even more than before it fell in just a matter of days, altcoins seem to be confused with the way bitcoin is today. they can not adjust to the movement, but I believe from the experience that continues to happen altcoins can certainly anticipate the next time.
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Bitcoin is not controlled by anyone in the world. The currency is controlled by people all over the world. Bitcoin is very popular all over the world. Bitcoin plays a much bigger role in the economic sector and other sectors. Bitcoin plays a role in keeping the economies of most developed countries afloat. Bitcoin helps keep the wheel of the economy of different countries moving. So digital currencies like Bitcoin are much more popular all over the world.
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What market, crypto market? If you mean crypto market, then it is true. Bitcoin is the king of crypto coins, it affects very significantly in cryptocurrency. If Bitcoin has a bad season, most altcoins have a bad season as well. It is normal because Bitcoin is the main pair of almost all crypto coins. When it changes, it impacts others.
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What market, crypto market? If you mean crypto market, then it is true. Bitcoin is the king of crypto coins, it affects very significantly in cryptocurrency. If Bitcoin has a bad season, most altcoins have a bad season as well. It is normal because Bitcoin is the main pair of almost all crypto coins. When it changes, it impacts others.
Crypto without bitcoin is certainly very influential because everything means that bitcoin is the king of crypto and the influence that is made greatly affects all movements that occur in crypto, but it's not that altcoin is also not good, like ethereum is also very much sought after and determines the growth of new tokens.
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I think we can call Bitcoin controls the market, because all Altcoins are depending on Bitcoin movement. Who can control Bitcoin, they can control the market as their desire too
If it is then why not altcoin increase. I see that bitcoin is increasing rapidly where altcoins have no change. They are in the same position. Nothing is change some altcoins get down.
The effect of Bitcoin pump is not a magic word. There is a process to that scenario when Bitcoin increase altcoins will increase. Bitcoin should be in stable rising momentum before the effect to altcoins as long as the pump is unstable altcoins remains in dump. Remember the day back on 2017 all altcoins increased because of bitcoin.
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I think we can call Bitcoin controls the market, because all Altcoins are depending on Bitcoin movement. Who can control Bitcoin, they can control the market as their desire too
If it is then why not altcoin increase. I see that bitcoin is increasing rapidly where altcoins have no change. They are in the same position. Nothing is change some altcoins get down.
The effect of Bitcoin pump is not a magic word. There is a process to that scenario when Bitcoin increase altcoins will increase. Bitcoin should be in stable rising momentum before the effect to altcoins as long as the pump is unstable altcoins remains in dump. Remember the day back on 2017 all altcoins increased because of bitcoin.
the increase in bitcoin was not what he usually did so it was only natural that the altcoins could not anticipate the move. It's been a few months bitcoin has gone down and up on a daily basis, even after going down there is an increase. so altcoins are unable to keep up with the bitcoin rhythm. but with several occurrences it is certain that the altcoin will anticipate and will also move up when bitcoin rises again.
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I think bitcoin could control the market. Because it is indeed the king of coin, bitcoin holds full power in the market. The price of bitcoin goes up, so altcoins also go up. And vice versa.
If bitcoin will be the global acceptance currencies then it would highly possible to dominate bitcoin to others cryptocurrencies, euros and dollars. But is it quite possible!!
I have not seen such a high dominance of bitcoin in the crypto market for a long time, which is now 66%. Therefore, now all altcoins are forced to react to the price of bitcoin and move after it.
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Yes Bitcoin can control the market the crypto market is bitcoin king and tops all currencies the worth of other currencies fluctuates counting on bitcoin the rationale it's becoming more popular is that bitcoin is that the first of the decentralized digital currencies because it's the primary to work without a financial institution or one administrator. Bitcoin network may be a universal process that takes place directly between users with none intermediate means.
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Bitcoin price dominates other types of cryptocurrency. This is clearly seen in the example of the past in 2018, when from the beginning of the year Bitcoin began to lose its price from $ 20,000, until it dropped to almost $ 5,000. At the same time, almost the entire cryptocurrency also synchronously fell in price along with Bitcoin. It is believed that such an opportunity appeared in Bitcoin due to its high level of capitalization.
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Bitcoin price dominates other types of cryptocurrency. This is clearly seen in the example of the past in 2018, when from the beginning of the year Bitcoin began to lose its price from $ 20,000, until it dropped to almost $ 5,000. At the same time, almost the entire cryptocurrency also synchronously fell in price along with Bitcoin. It is believed that such an opportunity appeared in Bitcoin due to its high level of capitalization.
It is natural that all altcoins will follow the movements that occur with bitcoin because bitcoin is the main market in crypto trading, so it is certain that all will be connected to bitcoin. so if bitcoin goes up and down everything will also be affected and no one can evade that.
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It is believed that such an opportunity appeared in Bitcoin due to its high level of capitalization.
I think it's not because bitcoin has a high market cap, but because all altcoins use bitcoin as their trading pair, if bitcoin is removed from trading pairs I'm sure altcoin price won't follow bitcoin price movements.
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It is believed that such an opportunity appeared in Bitcoin due to its high level of capitalization.
I think it's not because bitcoin has a high market cap, but because all altcoins use bitcoin as their trading pair, if bitcoin is removed from trading pairs I'm sure altcoin price won't follow bitcoin price movements.
bitcoin is indeed the main guideline of all existing cryptocurrency price movements and of course bitcoin does not always control the market because when altcoins have many developers it will have their own price movements.
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In my opinion, bitcoin doesn't control the market. We all know bitcoin is the king of Crypto currency, I think bitcoin is not control , but just affect. When bitcoin is going strong, several altcoin will follow the bitcoin price .
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I think bitcoin could control the market. Because it is indeed the king of coin, bitcoin holds full power in the market. The price of bitcoin goes up, so altcoins also go up. And vice versa.
If bitcoin will be the global acceptance currencies then it would highly possible to dominate bitcoin to others cryptocurrencies, euros and dollars. But is it quite possible!!
Still now it is impossible for Bitcoin to dominate global currencies like USD, EURO etc. Bitcoin is only dominant position in cryptocurrency market with more than 65% dominance over all altcoins according to the current data of CMC. If Bitcoin will be accepted by all countries, global and local currencies will remain their position. We can compare Bitcoin with only virtual currencies.
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Of course, Bitcoin controls the market. Bitcoin is a popular currency and most people trade in Bitcoin. The processing nature of the transaction is constantly increasing. The bitcoin currency is constantly rising. The market is constantly under pressure from users. Such advances in Bitcoin have gained more and more popularity in the market. So I think bitcoin controls the market a little bit.
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No, but it has a strong influence on the market, every time the Bitcoin price is bullish the market will surely follow but it doesn't mean that they control the market,
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It is true that the bitcoin is the most important of all cryptocurrencies. Controlling the movement of all cryptocurrencies, including the Bitcoin, is a matter of pre-purchase and foreclosure, and if this does not exist.
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No, but it has a strong influence on the market, every time the Bitcoin price is bullish the market will surely follow but it doesn't mean that they control the market,
Obviously bitcoin control the market largely because a few days ago bitcoin market below $ 10000 but now bitcoin price gradually increasing and all cryptocurrencies market simultaneously increasing due to bitcoin market rising. So bitcoin directly and indirectly control cryptocurrencies market.
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Most people believe that the price of altcoins' is determined by the price of bitcoin and that they tend to follow it's market movements.
I partially disagree with this. I have studied prices of coins and tokens on CMC and the fluctuations of each currency seems to be unique and independent of any other digital currency. Some show strong pumps when BTC goes down and some heavy dumps when BTC is rising.
Undoubtedly, there are market forces and factors which affects most currencies, this is not influenced by bitcoins price, it rather controls bitcoins' price as well as others.
So when trading or investing, make sure you treat each currency differently as they have different utilities.
For now majority of the people willl look at bitcoin to determine the fate of other altcoins but in the future this might not be the case.
Yes brother I totally agree with you. You have made a very good post in which the information that I do not know is clearly known. I didn’t know exactly about it but now I know it perfectly. Thank you very much.
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Bitcoin control over the market will remain for quite a long time until the market reaches stable growth, because today many investors prefer bitcoins more than other alternative cryptocurrencies. Therefore, today bitcoin is growing, and altcoins practically remain in place, with rare exceptions.
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Yes i know bitcoin is the king of all coins. If the price of bitcoin increase then all the coins also increase in the same way when it is going down then most of the coin also going down. I think all the coins corelate with bitcoin. In this concern i can say that bitcoin control the market.
Its happening every year. Yes it is genuine. That bitcoins depends on buyer and dealer. But I too see numerous individuals said whales controlled the Bitcoin price.
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I don't think it has control it's more on influence to the market as BTC is primary coin in the whole cryptocurrency many alts coins or token is getting it's momentum from BTC movment. I think this is because many people were actually more on investing BTC first then after they go for alts coins.
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It is a very long post on the thread but it is still active now. And probably the OP is no longer active here.
But in my opinion, Bitcoin doesn't control the market, but Bitcoin can influence the market. the one who can control the market is the whales ;D ;D
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It is a very long post on the thread but it is still active now. And probably the OP is no longer active here.
But in my opinion, Bitcoin doesn't control the market, but Bitcoin can influence the market. the one who can control the market is the whales ;D ;D
Can be said like that, the whales can control the market, But It will need big fund. I think demand and supply which controll the market. When high demand and limited or less supply, we will see the high price.
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I think that controlling the price movements of all crypto currency including bitcoin depends on the presence of buyers and sellers,if it doesn't exist it seems like it will be very difficult to control the price of bitcoin.
You are right that Bitcoin depends on a buyer and a seller. And yes, if it exists, it will be very difficult to control Bitcoin.
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I think that controlling the price movements of all crypto currency including bitcoin depends on the presence of buyers and sellers,if it doesn't exist it seems like it will be very difficult to control the price of bitcoin.
You are right that Bitcoin depends on a buyer and a seller. And yes, if it exists, it will be very difficult to control Bitcoin.
Yes it is true. That bitcoins depends on buyer and seller. But I also see many people said whales controlled the Bitcoin price.
I think demand and supply are basic factor . No one can control Bitcoin price.
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Those who are crypto related they know that how much powerful bitcoin. I believe that bitcoin can control the market. We know that approximate 57% cover by bitcoin in the total market. Other wise when we see that bitcoin price increasing then others coin also increasing.
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Other wise when we see that bitcoin price increasing then others coin also increasing.
In fact, bitcoin is superior to the number of market cap and trading pairs on each exchange,
especially trading pairs, if bitcoin trading pairs are removed I believe bitcoin will not have a large market cap, and altcoins will not follow bitcoin price.
but unfortunately it will be very difficult if there is no bitcoin trading pair, because bitcoin has become the standard trading pair in every exchange.
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Yes that's what has been the thought of everyone that's in the cryptocurrency that bitcoin actually controls the crypto market there's always atom of truth in it but we should not also forget that bitcoin price is control by demand and supply also despite that bitcoin is more popular due to its first existance assets before all other altcoins started to develop that's what I think.
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I think that controlling the price movements of all crypto currency including bitcoin depends on the presence of buyers and sellers,if it doesn't exist it seems like it will be very difficult to control the price of bitcoin.
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I think that controlling the price movements of all crypto currency including bitcoin depends on the presence of buyers and sellers,if it doesn't exist it seems like it will be very difficult to control the price of bitcoin.
I agree with you. All coins of cryptocurrency depend on one buyer and one seller. It will be difficult to control the price of Bitcoin in the future
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The situation with Bitcoin is very dire now. I don't think the cryptocurrency market can control bitcoin. Bitcoin is already ready to reach their destination.
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I think that controlling the price movements of all crypto currency including bitcoin depends on the presence of buyers and sellers,if it doesn't exist it seems like it will be very difficult to control the price of bitcoin.
You are right that Bitcoin depends on a buyer and a seller. And yes, if it exists, it will be very difficult to control Bitcoin.
The market is volatile uptrend now down trend later. Demands is a plus factor why Bitcoin increase and decrease. However in some cases demands is not the basis why Bitcoin pump and dump because there are instances which I think clear that there are a group of traders manipulate the price.
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It will be possible for Bitcoin to control the market. Moreover, there are so many Bitcoin enthusiasts. So indeed if Bitcoin increases, altcoins will also increase and vice versa. That way, the price of these altcoins refers to Bitcoin.
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When bitcoin begins to pump, it certainly controls the market,but when the cue ball is stable,altcoins are mostly recouped!
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I think a lot of coins in the market are affected by bitcoin. Bitcoin has a lot of space in the market. Bitcoin is considered to be the best goal in the market. So I think some control of the market depends on Bitcoin. Naturally, Bitcoin is the best currency.
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Bitcoin was not control the market, bitcoin just be the King in market others are only follower.
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Bitcoin has been used in illegal transactions, the large amount of electricity used by miners, price volatility, and thefts from exchanges. Some economists, including several Nobel laureates, have characterized it as a speculative bubble. Bitcoin has also been used as an investment, although several regulatory agencies have issued investor alerts about bitcoin
Bitcoin is traded on multiple exchanges all of which set their own average prices based on the trades being made by the exchanges at a given time.
If you want to buy and sell Bitcoin, you have to choose a particular exchange, which will have its average price. The price of Bitcoin fluctuates at any given moment, depending on which exchange the information comes from.
The Bitcoin market is influenced by many events.In some cases, the price can be driven down by large traders who sell bitcoins off in high volume.
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when the currencies come into the buying power of investors as well as the wide spread of the political economy around the world, it has a great influence on cryptocurrencies. That is got your private
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I think a lot of coins in the market are affected by bitcoin. Bitcoin has a lot of space in the market.
What space do you mean? I don't understand what you mean bitcoin has a lot of space on the market.
Bitcoin does not have market control, it happens because altcoin price is based on bitcoin pair, that's why when the bitcoin price moves up or down altcoins follow it, but actually it doesn't control the market.
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bitcoin is not a market controller, but the value of bitcoin is very influential with the value of other coins, from the large influence of bitcoin on other coins, as if bitcoin controls everything
That's right. Bitcoin is not market controller, but bitcoin price will influence the altcoins price. I agree with your opinion mate. No one can control the market, because the price is depending on demand and supply, buyer and seller.
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I don't think Bitcoin will be able to control the cryptocurrency market. Bitcoin needs much stronger authority over the next few years to control what it does. Bitcoin can never be controlled without strong authority.
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Yes Bitcoin is always control this market from the start and will continue to control in the future too. Bitcoin had the most influence and popularity compare to othe coins on the market
You are right that this bitcoin is ruling the cryptocurrency market alone. Bitcoin is known as the world's first and number one cryptocurrency. Almost all people around the world are aware of this bitcoin. Bitcoin has no competitors in the market now. So it can be said that the cryptocurrency market is ruled by this bitcoin alone.
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Yes brother you are right. You are right that when the market for bitcoin declines, the market for light coins declines. I do not agree that light coins depend on bitcoin. Everything depends on the market, on the people and on the investors. So I would say that the higher the investor, the higher the price of the coin. But thanks to Bitcoin will always be popular
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Yes It does. I think bitcoin affect the market. Every bitcoin rise , we all see the altcoins also rise. Bitcoin is teh King of crypto currency. So, I think It is normal. Bitcoin is always be centre of cryptocurrencies.
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Bitcoin does not control other currencies it actually influences the whole market. The buyers/sellers equation control the price of all Altcoins. The price of Altcoins doesn't controlled by Bitcoin but Bitcoin influences the whole Cryptocurrency market.
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Most people believe that the price of altcoins' is determined by the price of bitcoin and that they tend to follow it's market movements.
I partially disagree with this. I have studied prices of coins and tokens on CMC and the fluctuations of each currency seems to be unique and independent of any other digital currency. Some show strong pumps when BTC goes down and some heavy dumps when BTC is rising.
Undoubtedly, there are market forces and factors which affects most currencies, this is not influenced by bitcoins price, it rather controls bitcoins' price as well as others.
So when trading or investing, make sure you treat each currency differently as they have different utilities.
For now majority of the people willl look at bitcoin to determine the fate of other altcoins but in the future this might not be the case.
Actually everyone looks at bitcoin in other to know where the market is heading to, I don't think any trader will make a trade without taking a good look at the bitcoin chart first, so if you ask me well it seems like bitcoin controls the market, because if it dumps they all dump, if it pumps they still dump, although they will recover later, but that's just how it is from on set, maybe because it's the king of all cryptocurrencies and has way more market cap than all of other cryptocurrencies out there.
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Bitcoin does not control other currencies it actually influences the whole market. The buyers/sellers equation control the price of all Altcoins. The price of Altcoins doesn't controlled by Bitcoin but Bitcoin influences the whole Cryptocurrency market.
Of course, I think buyer and seller that control the market. the basic factor of market is demand and supply. When demand high we will see the price will rise. I think demand will control the market
, Not bitcoin bro.
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Everyone would like to see the stability of altcoins and their independence from each other,but unfortunately bitcoin has a very large capitalization and today nothing can be done about it, but it manages the crypto market!
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Yes, Bitcoin controls the market and it has a big role to determine the good trend or bad trend in crypto market. We all know that the drop in Bitcoin price will impact altcoins prices. Usually, the price of altcoins will decrease if the price of Bitcoin drops. So, we must monitor the price of Bitcoin regularly.
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In fact, I think it's almost impossible to control Bitcoin. Yes it is possible but it definitely requires using some powerful medium. Then it can be seen that it is possible to control bitcoin. But in fact we have seen that it is impossible to control Bitcoin in the cryptocurrency market.
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Bitcoin is already able to control the market. Where the price of altcoins will usually follow the Bitcoin trend. If Bitcoin has increased in price, the altcoins will also increase. And this pattern I observe always happens.
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Bitcoin can be controlled. We see that the prices of Bitcoin and Etherium are constantly rising. And at the same time it is seen that all the other coins have started to rise in price slowly. And if the price of Bitcoin goes up, Alert: What is the reason if the price of Bitcoin is not going up?
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when the currencies come into the buying power of investors as well as the wide spread of the political economy around the world, it has a great influence on cryptocurrencies. That is got your private
In my opinion, it cannot control the cryptocurrency because it as well as other human needs and must comply with the law of supply and demand every letter must rely on the market to develop.
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In my opinion, it cannot control the cryptocurrency because it as well as other human needs and must comply with the law of supply and demand every letter must rely on the market to develop.
I agree with you as Bitcoin is considered the King of all the coins and the whole market is moving on BTC movement like if the BTC price increased then all the coins are pumped up and if the price is decreasing then the whole market becomes down.
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It is possible but we have wait many times. We know that bitcoin is king of cryptocurrency.This is very popular coin.Its popularity increased day by day.Many country are Approved bitcoin on their country.Australia almost 400 store are buy and sell with bitcoin.So it is possible to bitcoin control the market.
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You are right I also agree with your post We all know that the price of coins in the cryptocurrency markets fluctuates all the time especially the price of bitcoin rises so most of the investors hold all the coins including bitcoin and they hope to benefit in the future. The price of bitcoin will increase the most in the future so they hold bitcoins.
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Bitcoin has broken all records and is preparing to step to 27k to reach 30k in the coming time which is an unexpected year for the whole world.
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Bitcoin must control the cryptocurrency market. Because Bitcoin is at the top in terms of popularity. Bitcoin is also at the top in terms of price. Bitcoin is called the king of the cryptocurrency world. So I think Bitcoin can certainly control the cryptocurrency market.
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It is possible but we have wait many times. We know that bitcoin is king of cryptocurrency.This is very popular coin.Its popularity increased day by day.Many country are Approved bitcoin on their country.Australia almost 400 store are buy and sell with bitcoin.So it is possible to bitcoin control the market.
I believe that is when bitcoin increases, most of the first altcoins have risen and no one altcoin has broken the value of those altcoins 3 years ago. But Bitcoin has done it and proven bitcoin is growing strongly and everyone knows bitcoin in the current period.
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It is possible but we have wait many times. We know that bitcoin is king of cryptocurrency.This is very popular coin.Its popularity increased day by day.Many country are Approved bitcoin on their country.Australia almost 400 store are buy and sell with bitcoin.So it is possible to bitcoin control the market.
I believe that is when bitcoin increases, most of the first altcoins have risen and no one altcoin has broken the value of those altcoins 3 years ago. But Bitcoin has done it and proven bitcoin is growing strongly and everyone knows bitcoin in the current period.
2020 bitcoin is the coin that breaks its highest price and more and more higher prices are being established. I believe bitcoin is a cryptocurrency that controls the market
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Bitcoin does not control the market, Bitcoin dominates the market, they are very different things. Bitcoin is the father and mother of all other currencies, it is normal for all eyes to be on Bitcoin even if people are interested in others.
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Yes, now Bitcoin has gathered a lot of people's eyes, I think over time, more new people will join it.
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Today, bitcoin is trying to consolidate the highest and sacrifice the price of altcoins, but then there will be more attention to the crypto market and altcoins will receive their finest hour-altseason is not far off!
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Yes, now Bitcoin has gathered a lot of people's eyes, I think over time, more new people will join it.
It's not a new person who gathers in Bitcoin trading, now maybe governments around the world are trying to get into the Bitcoin market.
With memories like these I make sure to create a new trading aroma and this is the right step to enter the Bitcoin market by us as small traders.
Don't get away from Bullish because after Bullish there is definitely Bearish.
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BTC has always dominated this crypto market. It can be seen that through many large fluctuations the price of BTC has always been the least volatile, and its value has steadily increased over time. Those who are just starting to invest in crypto will always choose BTC as the first asset they buy.
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Bitcoin does not control the market, Bitcoin dominates the market, they are very different things. Bitcoin is the father and mother of all other currencies, it is normal for all eyes to be on Bitcoin even if people are interested in others.
Agree mate, bitcoin has dominated the market, because bitcoin is the King of crypto currency. But we all know bitcoin is centre of crypto currency, bitcoin does not control but bitcoin will influence the market. When bitcoin go up, alcoins will go up too.
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Bitcoin does not control the market, Bitcoin dominates the market, they are very different things. Bitcoin is the father and mother of all other currencies, it is normal for all eyes to be on Bitcoin even if people are interested in others.
Agree mate, bitcoin has dominated the market, because bitcoin is the King of crypto currency. But we all know bitcoin is centre of crypto currency, bitcoin does not control but bitcoin will influence the market. When bitcoin go up, alcoins will go up too.
I think you are right bro, bitcoin has dominated the market, I think all crypto will be influenced by bitcoin. It is fact mate. Every bitcoin goes up, we will see almost of all altcoin will go up. Bitcoin will always be the King.
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As the number one cryptocurrency, Bitcoin naturally controls the market, since it has the largest capitalization. Also, the price of it is controlled by bitcoin whales who own large quantities of these tokens and can significantly affect the state of the price. Well, the state of bitcoin is most often followed by all altcoins. like behind a lighthouse, where he points his light there, and all unfold.
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In my opinion, it cannot control the cryptocurrency because it as well as other human needs and must comply with the law of supply and demand every letter must rely on the market to develop.
I agree with you as Bitcoin is considered the King of all the coins and the whole market is moving on BTC movement like if the BTC price increased then all the coins are pumped up and if the price is decreasing then the whole market becomes down.
Bitcoin is too obvious the manipulative crypto in digital world. And so it is true that it is controlling the way where the market of all altcoins is heading regardless of the direction of altcoins.
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I think that controlling the price movements of all crypto currency including bitcoin depends on the presence of buyers and sellers,if it doesn't exist it seems like it will be very difficult to control the price of bitcoin.
Add one more point, which is bitcoin popularity. If everyday bitcoin famous for various person in all over the world then btc investor automatically coming for buy bitcoin. And it will be happened right now, as a result price goes to up. Thanks
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Most people believe that the price of altcoins' is determined by the price of bitcoin and that they tend to follow it's market movements.
I partially disagree with this. I have studied prices of coins and tokens on CMC and the fluctuations of each currency seems to be unique and independent of any other digital currency. Some show strong pumps when BTC goes down and some heavy dumps when BTC is rising.
Undoubtedly, there are market forces and factors which affects most currencies, this is not influenced by bitcoins price, it rather controls bitcoins' price as well as others.
So when trading or investing, make sure you treat each currency differently as they have different utilities.
For me, Bitcoin controls the market because if you try to look at the charts, the flow of the market in altcoins tend to follow Bitcoins movement. What I mean here is that some coins has delayed reaction due to the domino effect of prices wherein newer tokens and coins depends on the price of Ethereum or whatever coins they are paired and the Ethereum and paired coins are dependent to Bitcoins that is how it works for me.
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If you say no, I believe you do not fully understand the cryptocurrency market. Bitcoin is a giant when bitcoin increases, almost all other altcoins go up and in the opposite direction, as the price of bit coins decreases, most of the other altcoins also decrease. So bitcoin is always the king of altcoins
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yes, I totally agree with your opinion that not all altcoins depend on bitcoin, because now you can see that the increase in bitcoin is very extraordinary, which has no effect with other altcoins.
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Bitcoin makes up a huge part of the cryptocurrency market. so the future bitcoin will thrive in the future. and there will be many new altcoins born with new features that will help cryptocurrencies become popular and stable in the future.
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I agree with you. Indeed, each coin has its own characteristics, including fluctuations. But in my opinion, even though it might have a small impact, most people will still consider the rate of rise and fall of bitcoin as a barometer when they want to transact with altcoins.
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Bitcoin is called the king of the cryptocurrency world. Bitcoin is on top of the cryptocurrency market. I think Bitcoin has the power to control the cryptocurrency market.
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Bitcoin is currently in the best position. The price of Bitcoin has risen much more than in any previous year. Bitcoin has improved a lot in new ways. Controlling Bitcoin is not possible right now or at any time. Because Bitcoin has reached a stage that cannot be controlled.
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The way the price of Bitcoin is going up nowadays, it is never possible to control the Bitcoin market. Everyone thinks that the price of Bitcoin will increase further because of the huge investment of people.
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The way the price of Bitcoin is rising nowadays, it is never possible to control the market of Bitcoin. We see that the prices of Bitcoin and Etherium are constantly rising. At the same time it is seen that the prices of other coins have started rising. And everyone thinks that the price of other coins, including Bitcoin, will go up further because of the huge investment of people.
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Everyone has a different opinion, I always thought that bitcoin did not control the market, but altcoins followed bitcoin, because bitcoin was the first to be created
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I think that controlling the price movements of all crypto currency including bitcoin depends on the presence of buyers and sellers,if it doesn't exist it seems like it will be very difficult to control the price of bitcoin.
You said exactly .Only buyers and seller can control the market .Bitcoin is a coin it is just tradable and we can exchange it how could it control the market .It may cause some impact on the market but never made any control of the market .
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There are lots of people express that bitcoin control the marker but i have an argue with the fact. We know currently the bitcoin price approximately 31000 or more but there are lost of coins in the market which are less then at the high price of bitcoin. On the other hand ether price is not increasing in the bull run of btc. So how can i say that bitcoin can control the market. I think in some times market trend assume about bitcoin price and they walking in that way. I know that it is the king of crypto currency.
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There are lots of people express that bitcoin control the marker but i have an argue with the fact. We know currently the bitcoin price approximately 31000 or more but there are lost of coins in the market which are less then at the high price of bitcoin. On the other hand ether price is not increasing in the bull run of btc. So how can i say that bitcoin can control the market. I think in some times market trend assume about bitcoin price and they walking in that way. I know that it is the king of crypto currency.
There are many points of view that you can use for this,
If the point based on the impact that altcoins have is true, because the rise and fall of altcoin prices are still based on bitcoin price movements, when bitcoin prices fall, altcoin prices also fall and vice versa,
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No one can control the bitcoin market it depends entirely on the market and the higher the demand the higher the price. The market will rise depending on Bitcoin and Ethereum currencies.
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Yes bro, Bitcoin controls all those cryptomarkets. We will see if we do a little research on cryptocurrency. When the price of Bitcoin goes up, the price of all the currencies in the crypto market goes up. On the other hand, if we notice that when the price of Bitcoin starts to fall or falls, then the price of all the currencies in the crypto market goes down. Therefore, we can say that Bitcoin controls the crypto market.
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Bitcoin is the main coin in Cryptocurrency, Bitcoin is the king of coins which is the benchmark of all coins that exist today. I believe Bitcoin controls the market because we have seen for a long time that when the Bitcoin price increases, sooner or later the price of other coins will also go up.
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I wouldn't say "control" but it does have a massive influence on the cryptocurrency market.
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One way or another, Bitcoin has absolute dominance in the entire cryptocurrency market. For all the time, it was possible to observe that the entire cryptocurrency market reacts to the growth of Bitcoin, but the latest drop in the price of Bitcoin did not affect some cryptocurrencies too much. Based on this, the impact can be very relative.
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Bitcoin is the number one cryptocurrency and in all time it has proven to be the most reliable cryptocurrency in which most investors invest. Bitcoin cannot control the market, but its changes in price certainly affect the entire crypto market.
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Bitcoin is the king of the cryptocurrency world. Bitcoin is ranked number one in the crypto universe. Bitcoin's popularity is a lot. Bitcoin is many times ahead of all other coins. So I think it's natural that Bitcoin will control the crypto market.
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Naturally, the number 1 cryptocurrency controls the market and dictates trends. This is the most popular coin that has universal recognition and is more and more recognized all over the world, which will lead in the future to the fact that it will be equated
to the means of payment all over the world.
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No one can control the bitcoin market it depends entirely on the market and the higher the demand the higher the price. The market will rise depending on Bitcoin and Ethereum currencies.
Don't think like that, ask yourself, do you think we are decentralized as we claim?
Only the whalse controls the market and they do so with their minted usdt and bunch of btc with with them. The so call support and resistance is controlled by them and they know how and when to exit the market.
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Bitcoin is widely known to us as the king of the cryptocurrency market. Bitcoin's popularity is a lot. Bitcoin's popularity is growing day by day. Bitcoin can control the cryptocurrency market. Because the price of Bitcoin is many times higher than the price of all other coins.
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Naturally, the number 1 cryptocurrency controls the market and dictates trends. This is the most popular coin that has universal recognition and is more and more recognized all over the world, which will lead in the future to the fact that it will be equated
to the means of payment all over the world.
Bitcoin cannot be equated with payment instruments around the world because the world already has its own payment instruments and the price can be controlled
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Bitcoin operates on the principle of demand and supply, when the price of bitcoin increases in the market, the demand also increases.
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I think bitcoin really controls the market. We can all see that if bitcoin fall all altcoin and crypto coin are also fall down. Maybe it is all because the trust of the crypto believer is in the hand of bitcoin. If bitcoin fall small investors got panic and sell thatvis why there is a huge effect on the crypto coin price.
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I agree that bitcoin doesn't totally control the market. It is impossible for every single altcoin to follow the movements of bitcoin. But it still has a big effect on the market thanks to its popularity and the fact that its market cap is way higher than any other coin's. Its price movements really influence people's attitude towards the entire crypto market.
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Btc controls like %90 of the market, right when you see btc price is down you will also see majority of the token price is down by some percentage, btc dominance is still very high over alts, but some alts are still able to perform even when the btc price is down.
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It's true bitcoin does not totally control the market price of crypto, the market price depends on the law of demand and supply, which is when there is much buyers the price will pump and when there is much sellers the price will dump. But is still think bitcoin still contribute a little because people watch the price movement of bitcoin before buying altcoins because there believe altcoins prices depends on bitcoin
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Yes,bitcoin controlling the market.All altcoins are depending on bitcoins movement.I think no one can not control the bitcoin.Who will control the bitcoin they will control all altcoins.It's my opinion.
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It's true bitcoin does not totally control the market price of crypto, the market price depends on the law of demand and supply, which is when there is much buyers the price will pump and when there is much sellers the price will dump. But is still think bitcoin still contribute a little because people watch the price movement of bitcoin before buying altcoins because there believe altcoins prices depends on bitcoin
I agree with your opinion. It is true that bitcoin cannot control or interfere with the cryptho market. But we shouldn't forget that most of the people use bitcoin fluctuation as a barometer of the price of other coins ...
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It is not to say surely that bitcoin control the Merket. But bitcoin has now spread dominance in cryptocurrency Merket. Bitcoin is always take high position. Others crypto coin are dependents on bitcoin. Bitcoin is really amazing. Now higher economic countries are there transaction on bitcoin. So this is not so say surely that bitcoin also control the market.
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It is not to say surely that bitcoin control the Merket. But bitcoin has now spread dominance in cryptocurrency Merket. Bitcoin is always take high position. Others crypto coin are dependents on bitcoin. Bitcoin is really amazing. Now higher economic countries are there transaction on bitcoin. So this is not so say surely that bitcoin also control the market.
To strengthen your opinion, try to explain how the correlation between bitcoin and the position of other coins. I see bitcoin has not been able to directly influence the other coin market. Even though the highest position of bitcoin has always been a barometer of people transacting other coins ...
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It is not to say surely that bitcoin control the Merket. But bitcoin has now spread dominance in cryptocurrency Merket. Bitcoin is always take high position. Others crypto coin are dependents on bitcoin. Bitcoin is really amazing. Now higher economic countries are there transaction on bitcoin. So this is not so say surely that bitcoin also control the market.
To strengthen your opinion, try to explain how the correlation between bitcoin and the position of other coins. I see bitcoin has not been able to directly influence the other coin market. Even though the highest position of bitcoin has always been a barometer of people transacting other coins ...
It's up to you if you say it has nothing to do directly. But the fact is that people will look at the movement of bitcoin first before deciding to buy other coins. Like it or not, bitcoin has become a reference for other coins
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It is not to say surely that bitcoin control the Merket. But bitcoin has now spread dominance in cryptocurrency Merket. Bitcoin is always take high position. Others crypto coin are dependents on bitcoin. Bitcoin is really amazing. Now higher economic countries are there transaction on bitcoin. So this is not so say surely that bitcoin also control the market.
As far as I know there are other types of coins that have a price as high as Bitcoin, Bitcoin is not one of the highest priced coins until now. but with the graphics generated by Bitcoin that makes things change.
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Bitcoin has some impression on altcoin but we cannot say every altcoin raise with the bitcoin price.
Price of each token is raise with demand and its happen that some coin demand greater than bitcoin which result price raised if this token ,no matter if bitcoin price down.
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Bitcoin can never control the cryptocurrency market. As Bitcoin's popularity has grown, so has the price of all other alert coins. By 2024 I believe the cryptocurrency market will be used all over the world. And it will be possible to pay through any payment bank. Although the price of Bitcoin is currently suspended, the market for Bitcoin will grow again very soon.
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The price of Bitcoin is determines the future of altcoins so when ever the price of when ever Bitcoin dumped,so definitely Bitcoin controls the market.
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Yes,bitcoin is controlling the market because he is the king of cryptocurrency. Most people believe that investor are depend on bitcoin updown.
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If the price of Bitcoin goes up too much, it will be very difficult to control Bitcoin. Bitcoin has already exceeded 4,0000. Everyone hopes Bitcoin will reach their goal one day. Bitcoin will cost more than 200,000 a day. Then it will be very difficult to control.
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Who controls Bitcoin is ourselves, so the market depends on those who own Bitcoin.
Satoshi Nakamoto didn't expect himself to be the Bitcoin that he wanted now because Bitcoin was created to be done peer to peer only.
Now Bitcoin is up for grabs even Bitcoin has become a tool to make everyone greedy.
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The market for Bitcoin has improved a lot and this Bitcoin has brought a much better profit. Bitcoin is one of the few coins in the world because the price of bitcoin is only increasing as the days go by. And hopefully the price of this bitcoin will just keep rising.
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Btc controls like %90 of the market, right when you see btc price is down you will also see majority of the token price is down by some percentage, btc dominance is still very high over alts, but some alts are still able to perform even when the btc price is down.
It is not clear why you have such a figure of 90%, this is too much for bitcoin and not enough for altcoins. As of today, according to coinmarketcap, the dominance of bitcoin is 65%, although it previously reached 73%.
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The way the price of Bitcoin has started to rise again, of course the price of Bitcoin will now exceed 50k$. What kind of king do we all call Bitcoin. The market for Bitcoin will never stop. From now on, the price of Bitcoin will definitely increase.
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Bitcoin can control the cryptocurrency market because Bitcoin is the number one cryptocurrency in the world and it is in the first place in terms of popularity. We have seen that when the price of Bitcoin goes up, so does the price of all coins. When Bitcoin goes down, the price of all other coins goes down. So I think Bitcoin has the power to control the market.
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I also believe it a little bit, When bitcoin pumping, some currency start pumping. When bitcoin dumping, some currency start dumping. So, We can say sometime, Bitcoin control the crypto-currencies market.
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If the price of Bitcoin goes high, it will be very difficult to control Bitcoin. A few days ago, Bitcoin went up a lot. Within a few days it had surpassed $ 44,000. Then everyone wondered if it could ever be controlled. I think if the price of bitcoin is high then bitcoin cannot be controlled.
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Bitcoin is a virtual currency. Bitcoin is used in almost all countries of the world. The use of bitcoin in most countries of the world is only increasing the price of this bitcoin. Bitcoin prices never seem to dump again.
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Bitcoin is a virtual currency. Bitcoin is used in almost all countries of the world. The use of bitcoin in most countries of the world is only increasing the price of this bitcoin. Bitcoin prices never seem to dump again.
For now it may be true but we cannot be the price that will appear for the next 2 months. so you should invest large amounts if you have the capital.
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Bitcoin is the base cryptocurrency of the crypto market. Certainly, bitcoin impact is there on all altcoins to some extent if bitcoin does not perform we can not expect much from altcoins too but I am not saying the altcoins are fully influenced by bitcoin price. Currently, Bitcoin dominance is quite high and the majority of the traders/investors trust Btc as compare to altcoins so Bitcoin plays a major role in altcoins value because if Btc has value then Altcoins will have value.
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I also believe it a little bit, When bitcoin pumping, some currency start pumping. When bitcoin dumping, some currency start dumping. So, We can say sometime, Bitcoin control the crypto-currencies market.
I think bitcoin don't controll the market, But just influence the market. Because in my opinion supply and demand will control the market. Bitcoin as The King of crypto currency, just become the centre. but not controller.
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I also believe it a little bit, When bitcoin pumping, some currency start pumping. When bitcoin dumping, some currency start dumping. So, We can say sometime, Bitcoin control the crypto-currencies market.
I think bitcoin don't controll the market, But just influence the market. Because in my opinion supply and demand will control the market. Bitcoin as The King of crypto currency, just become the centre. but not controller.
Yes, one can agree with these reflections. Bitcoin only has a price impact on altcoins due to its high level of capitalization. However, he cannot control the market. Control includes the ability to take action if the market is not on the right track. Bitcoin does not have any additional mechanisms to influence the cryptocurrency market.
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For me its not easy the market can controlled the bitcoin because as far as I know the market is only the place where the stock exchanges in the cryptocurrency will occur to display and that is the reason why is the market cannot controlled the bitcoin.
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Bitcoin will never be able to control the market. Because the price of Bitcoin is the most up-and-down of what kind of market always fluctuates. The price of Bitcoin will exceed 60K dollars by 2021. And the price of Bitcoin will increase further in the future.
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The price of Bitcoin will exceed 60K dollars by 2021.Bitcoin only has a price impact on altcoins due to its high level of capitalization. Bitcoin as The King of crypto currency. become the centre. but not controller.Bitcoin control the crypto-currencies market.
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Currently the Bitcoin market is low and a lot of capacity is required to control this Bitcoin market. The price of this big coin is going to increase day by day. Bitcoin is a coin that has aroused the curiosity of the whole world. The cryptocurrency of using Bitcoin is far ahead.
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This was created went back on 2018.
I think its about time to lock this topic to avoid spamming.
Someone might create the same topic relevant to what is going on to Bitcoin, Cryptocurrencies and the market.
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I think the right statement is bitcoin is not controlling the market but bitcoin affects the market with prices. wherever the market is available it is an exchange that can be done with bitcoin, so I think bitcoin continues to influence the market.
Bitcoin will never be able to control the market. Currently the Bitcoin market is low and a lot of capacity is required to control this Bitcoin market. The price of this big coin is going to increase day by day. The cryptocurrency of using Bitcoin is far ahead. Bitcoin is the king cryptocurrency. Because the price of Bitcoin is the most up and down of what kind of market always fluctuates. The price of Bitcoin will excessd 50k dollars by 2021. And the price of Bitcoin will increase further in the future. Someone might create the same topic relevant to what is going on to Bitcoin, Cryptocurrency and the market.
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I think the right statement is bitcoin is not controlling the market but bitcoin affects the market with prices. wherever the market is available it is an exchange that can be done with bitcoin, so I think bitcoin continues to influence the market.
Bitcoin will never be able to control the market. Currently the Bitcoin market is low and a lot of capacity is required to control this Bitcoin market. The price of this big coin is going to increase day by day. The cryptocurrency of using Bitcoin is far ahead. Bitcoin is the king cryptocurrency. Because the price of Bitcoin is the most up and down of what kind of market always fluctuates. The price of Bitcoin will excessd 50k dollars by 2021. And the price of Bitcoin will increase further in the future. Someone might create the same topic relevant to what is going on to Bitcoin, Cryptocurrency and the market.
Hi buddy..I am having a little trouble understanding your long sentence. But in some parts I agree. Namely bitcoin as the king of cryptocurrency (at least for now). And your prediction of a price hitting $ 50K in 2021 ...
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I think Bitcoin really is able to control the market right now. We will see if Bitcoin skyrocketed it will definitely be followed by altcoins and vice versa. Indeed Bitcoin sets the price standard.
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I think Bitcoin controls the cryptomarket. We know that as the price of Bitcoin rises, so do the prices of all cryptocurrency currencies. When the price of Bitcoin goes down, the price of all currencies starts to go down. So it can be said that Bitcoin controls the crypto market. This is why Bitcoin is the king of all cryptocurrencies.
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On the contrary, I noticed when the price of Bitcoin rises, then the prices of altcoins rise. And that's a fact. Why then, when there is a bull run, it happens both for Bitcoin and for altcoins.
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I think and I noticed that,when the price of Bitcoin rises, then the prices of altcoins rise.so I think Bitcoin controls the cryptomarket.we know that When the price of Bitcoin goes down, the price of all currencies starts to go down.so I thinks that bitcoin control the market.
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Now the amount of coins that are being pumped into the cryptocurrency market is unthinkable. Because the price of such a token has never increased in such a way before. Currently, the most expensive increase is due to the huge increase in the price of Bitcoin.
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I think bitcoin does not control the market. It is a currency which is one of them of other coin. Its sometimes manipulated the market.
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Bitcoin does have a great influence on the crypto market but does not entirely control it, I think.
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Currently, the price of Bitcoin has increased a lot. Which has gone out of control. The price of Bitcoin has risen so much in the cryptocurrency market that everyone is surprised to see. Controlling the price of Bitcoin is not an easy task as the price of Bitcoin is rising rapidly. Bitcoin will become more popular in the future if it continues as it is.
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It's a mega reply topics and already created more than two years ago. I already locked the topic now and same type topics will create again. Thanks for understanding.