Re: Bitcoin and altcoin: Who will take control of the market?
Most probably, btc will drive the market and the complete crypto currencies will be behind btc.Just see the liquidity and stability of btc and then compare to other alt coins, it would be nothing when compared .Digital currencies usually have a highly dynamic price relationship. Sometimes they will rise together and sometimes go against each other. In some cases, their relevance will be very low.
As usual when the red market occurs based on previous year when BTC is down all altcoins are down too. I can say confidently that BTC controls the market and no existing projects or altcoins will dethrone the current king. Bitcoin all the way.Not 100% true mate. As with all things in life, when some things go down, some other things go up.
Does the rise and fall of Bitcoin influence most currencies? Yes, for sure.
Does it drag down every currency out there? No. How else would you explain all the green in the sea of red here: https://kriptomat.io/en/digital-currencies/
