Will alt coins take over Bitcoin and control the market?

[jonathancool220]

If altcoins want to dominate the market and destroy the domination of the Bitcoin market, they must cost more than trillions of USD because the Bitcoin marketcap has now also passed the marketcap of Google's market.
And I also think that altcoins are very difficult to beat Bitcoin because the belief system of everyone, traders, investors or beginners who enter cryptocurrency chooses Bitcoin over altcoins.

[flyaccount]

I think it will still be difficult for altcoins to replace Bitcoin and control the market. this is because the range of altcoins is still narrow and not as wide as Bitcoin.

[Seaem Seem Dhabita Ida]

alt has a great influence on the development of bitcoin because it is like a pair of lovers who are always bound and related this provides great benefits for bitcoin users because alt has a large team and users who invest a lot this has a huge impact on the economy in the country of bitcoin users

[pelana vreo]

More than 40% of the crypto market capitalization is owned by Bitcoin, from there I can't think altcoins can control the price movements in the crypto market, if all the altcoins are collected, it might still take some time to shift Bitcoin's position as the control of the crypto market price, actually, it's not controlling, but the altcoin price keeps up with Bitcoin price movements, this happens frequently throughout the year.

[Shahinaz]

Over time, the increase in bitcoins does not affect the selling value of altcoins, why do I say that because when bitcoin is moving fast, other altcoins are still holding out with their parent ETH, which goes slowly towards the moon

[Hometown]

Impossible to take over bitcoin because more than 60% market dominates by bitcoin. Others 34% market dominate by altcoins (Ethereum 11%)

[Ludmilla_rose1995]

I don't think there will be any altcoins that will replace bitcoin. The bitcoin market cap is huge and bitcoin price also affects altcoin price. So that altcoins will not be able to outperform bitcoin

[tervel]

 BTC is more established than Altcoins. Investors feeling skittish about newer, smaller cryptocurrencies could reasonably be expected to transfer their funds from altcoins to bitcoin while the bear market is in effect. In this situation BTC becomes stronger than ALT.

[youdacapt]

3 years down the drain and altcoins cannot even dominate their selvs; it tells the truth state and dominance of bitcoin in the crypto currency world. Bitcoin willl remain king of altcoins; while etherum will remain king of altcoins; anything other than that would give us just altcoins and nothing more.

[Callisto]

I think that alternative coins will not be able to influence the market, as you said, they are affected by the price of bitcoin. YES, and the hype around bitcoin is already unrealistic, soon everyone will talk about this asset. Therefore, I don't even know what should happen to Bitcoin for it to go down ..

[nicecrypto]

In recent times, alt coins appears to perform incredibly well on the market as the projects has got good teams of late yet most of the coins seems to be affected by the price of Bitcoin. This is largely due to the fact that most exchange sites keep much of the price pairing with Bitcoin, hence, a fall in Bitcoin affecting the coins paired with it. Bitcoin will continue to control the market until perhaps most coins are paired with USD directly.

I agree and also believe this will be one of the reason  that will liberate the alts from this Bitcoin price control. All altcoins that are listed in any exchange once paired with USDT along BItcoin and Ehtereum will allow traders to use which ever pair and i know most investors would rather use USDT or any other stable other than BTC or ETH

[LaZim]

More than 40% of the crypto market capitalization is owned by Bitcoin, from there I can't think altcoins can control the price movements in the crypto market, if all the altcoins are collected, it might still take some time to shift Bitcoin's position as the control of the crypto market price, actually, it's not controlling, but the altcoin price keeps up with Bitcoin price movements, this happens frequently throughout the year.

It is difficult to estimate the entire capitalization of altcoins. We only rely on sources like CoinMarketCap. Despite the fact that many altcoins have inflated capitalization, and there is no trading at all. So Bitcoin will always dominate.

[Sharelock]

I don't think there will be any altcoins that will replace bitcoin. The bitcoin market cap is huge and bitcoin price also affects altcoin price. So that altcoins will not be able to outperform bitcoin

This means that bitcoin is the king of all coins and ethereum is the king of all altcoins.
It is very difficult for altcoins to replace bitcoin. Because altcoins have always followed the price of bitcoin and altcoins cannot be independent without bitcoin.
It is very difficult for all of that to happen

[trofim21]

this issue has been discussed many times and there are some really good altcoins, but I think bitcoin will always come first. it is one of the first cryptocurrencies, it is a kind of dollar

[Shahinaz]

one thing that is not possible altcoins can overtake Bitcoin because Bitcoin is strong and altcoins respond to this force. Bitcoin controls everything not for altcoins, the movement of altcoins is a reflection of the market instability between Bitcoin and altcoins