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Author Topic: Bitcoin vs Altcoins on the market  (Read 1378 times)

Offline princessgirl

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Bitcoin vs Altcoins on the market
« on: October 01, 2018, 03:26:44 AM »
Bitcoin and altcoins are fulfilling the goal of the crypto industry. Each of these categories complement each other on the market although every coin has its unique goal. The downfall of one coin especially the large cap coins affects adversely the entire crypto market to a certain percentage.

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Bitcoin vs Altcoins on the market
« on: October 01, 2018, 03:26:44 AM »

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Offline diygirl

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Re: Bitcoin vs Altcoins on the market
« Reply #1 on: October 01, 2018, 10:25:56 AM »
It is undeniable that bitcoin is the leader in crypto currency which will affect the price of all altcoins. But I think altcoins have the opportunity to grow well if their concepts are unique. And if the team works hard to develop coins, I'm sure they can compete with bitcoin.

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Re: Bitcoin vs Altcoins on the market
« Reply #1 on: October 01, 2018, 10:25:56 AM »

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Offline IL Regulus

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Re: Bitcoin vs Altcoins on the market
« Reply #2 on: October 01, 2018, 10:43:23 AM »
Bitcoin will surely remain the dominant in position as it always affects the whole market of altcoins when bitcoin drops price. That's how bitcoin control the market.

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Re: Bitcoin vs Altcoins on the market
« Reply #3 on: October 01, 2018, 11:00:16 AM »
The downfall of the big coin will make the other coins to get down too, and this will happen with bitcoin only. And if the other coins with the large-cap coins are getting down but the bitcoin is not down, then the other coins will not getting down too because they only follow with the bitcoin trend. So it only gives effects if bitcoin price is down in that time and all coins will follow to get down.

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Re: Bitcoin vs Altcoins on the market
« Reply #4 on: October 01, 2018, 10:24:21 PM »
Bitcoin has a great influence on the prices of all coins by the right of primacy. Unequivocally, there are a lot of good coins that have technical characteristics different from Bitcoin, there are those that are "token utility", but they all trade in a pair with Bitcoin and in case Bitcoin becomes cheaper in dollar equivalent, then other coins also get cheaper.

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Re: Bitcoin vs Altcoins on the market
« Reply #5 on: October 02, 2018, 12:54:22 AM »
Diversity is good, more Bitcoin for the bear market, more altcoins for the bull market though. BTC dominance, overall long-term is in enormous decline.
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Offline Daedalus

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Re: Bitcoin vs Altcoins on the market
« Reply #6 on: October 02, 2018, 01:11:49 AM »
As far as I know, altcoin price in the market is following bitcoin price, but expert say if bitcoin stable then altcoin will pump
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Re: Bitcoin vs Altcoins on the market
« Reply #6 on: October 02, 2018, 01:11:49 AM »


Offline Purwodadi

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Re: Bitcoin vs Altcoins on the market
« Reply #7 on: October 02, 2018, 08:10:16 AM »
it is indeed true that the fall of one large coin can greatly affect the price of another crypto, and I think it will be one of the problems in trading.

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Re: Bitcoin vs Altcoins on the market
« Reply #8 on: October 02, 2018, 08:26:15 AM »
if in my opinion, many altcoins are now emerging in the market. but not all coins we get on the market. but if bitcoin is all crypto market, bro. even with bitcoin we can invest in altcoins

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Re: Bitcoin vs Altcoins on the market
« Reply #9 on: October 02, 2018, 09:37:45 AM »
The purpose of creating altcoins is not only to meet the needs of investors who cannot have altcoins at low prices, but also to complete the shortcomings that bitcoin does not have. But about price, bitcoin can always be a leader. Which bitcoin always influences altcoins because bitcoin is the coin that has the most communities.

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Re: Bitcoin vs Altcoins on the market
« Reply #10 on: October 02, 2018, 03:11:10 PM »
Bitcoin and altcoins are fulfilling the goal of the crypto industry. Each of these categories complement each other on the market although every coin has its unique goal. The downfall of one coin especially the large cap coins affects adversely the entire crypto market to a certain percentage.

I think Bitcoin still the best of crypto currency, But For now There are many potential altcoins. It is a good thin for the market.

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Re: Bitcoin vs Altcoins on the market
« Reply #11 on: October 02, 2018, 04:06:44 PM »
Bitcoin and altcoins are fulfilling the goal of the crypto industry. Each of these categories complement each other on the market although every coin has its unique goal. The downfall of one coin especially the large cap coins affects adversely the entire crypto market to a certain percentage.

I think Bitcoin still the King of crypto currency, but There are many potential altcoins like ethereum, ripple, Litecoin,NEO and EOS.

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Re: Bitcoin vs Altcoins on the market
« Reply #12 on: October 02, 2018, 04:16:39 PM »
For us now Many people are interested in investing in bitcoin and altcoin, I think for us bitcoin provides more benefits than altcoins, Bitcoin is very popular, so try once to invest in bitcoin. Both are part of Blockchain with popular media, the prototypical system used to explain blockchain is the bitcoin network.
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Re: Bitcoin vs Altcoins on the market
« Reply #13 on: October 02, 2018, 06:14:35 PM »
bitcoin and altcoin is a coin that has its own characteristics. but the main thing is bitcoin because the coin is still leading in the system cryptocurrency and still be a parent of another coin.
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Re: Bitcoin vs Altcoins on the market
« Reply #14 on: October 02, 2018, 09:49:22 PM »
yes it is true that in the crypto market that is much popular is Bitcoin and Altcoin and this influences each other so that if there is negative news from one of these coins it will be very influential especially if the Bitcoin has negative news because at the moment the market leader of crypto is Bitcoin

 

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