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Title: market dominance in 2018 Post by: hugeblack on January 01, 2018, 06:18:31 PM 2017 ends with the first cryptocurrency losing market share to altcoins. After falling as low as 37.9% in the last two days of 2017, the market dominance of bitcoin now stands at just 38.2% as of this writing on the first day of 2018.[1] (https://news.bitcoin.com/after-ripples-rise-btc-dominance-falls-below-40/) total market capitalization is $615 billion cryptocurrency markets and bitcoin have more than $234 billion. Ripple’s XRP is now worth about $88 billion by itself after a massive rally in December. Ethereum’s market cap follows very closely now at over $74 billion. Bitcoin cash (BCH) is also not too far behind with an overall market value of $43 billion.[2] (https://news.bitcoin.com/after-ripples-rise-btc-dominance-falls-below-40/) 33 altcoins and ICO tokens that are worth over $1 billion by market cap each. there are now also about 129 altcoins and ICO tokens that are worth between $100 million to $1 billion by market cap each Do you think that bitcoin will continue to lose its market dominance to altcoins in 2018? Source https://news.bitcoin.com/after-ripples-rise-btc-dominance-falls-below-40/ (https://news.bitcoin.com/after-ripples-rise-btc-dominance-falls-below-40/) Title: Re: market dominance in 2018 Post by: Pixyoxx on January 01, 2018, 06:31:29 PM New and new crypto currencies are emerging day by day which is creating a dispersive spread of market and users.
This spread may be temporary because people want to try out new things and finally would come back to what they trust and like the most. The recent dip is also due to the holidays which made allot of users sell their holding which virtuallu brought down the value, though marginally. This de-valuation most probably is temporary and will regain its pace in coming days of the new year. New alts are gaininh consumer base because of their added benefits over bitcoin and the major one out of them is the transaction speed which kind of makes bitcoin a step backward to other alts. Well hopefully bitcoin shall gain its value and retain its growth or atleast show some stabilitu in the coming days. Title: Re: market dominance in 2018 Post by: ajqjjj on January 01, 2018, 06:38:56 PM 2017 ends with the first cryptocurrency losing market share to altcoins. After falling as low as 37.9% in the last two days of 2017, the market dominance of bitcoin now stands at just 38.2% as of this writing on the first day of 2018.[1] (https://news.bitcoin.com/after-ripples-rise-btc-dominance-falls-below-40/) total market capitalization is $615 billion cryptocurrency markets and bitcoin have more than $234 billion. Ripple’s XRP is now worth about $88 billion by itself after a massive rally in December. Ethereum’s market cap follows very closely now at over $74 billion. Bitcoin cash (BCH) is also not too far behind with an overall market value of $43 billion.[2] (https://news.bitcoin.com/after-ripples-rise-btc-dominance-falls-below-40/) 33 altcoins and ICO tokens that are worth over $1 billion by market cap each. there are now also about 129 altcoins and ICO tokens that are worth between $100 million to $1 billion by market cap each Do you think that bitcoin will continue to lose its market dominance to altcoins in 2018? Source https://news.bitcoin.com/after-ripples-rise-btc-dominance-falls-below-40/ (https://news.bitcoin.com/after-ripples-rise-btc-dominance-falls-below-40/) Bitcoin value starting around 980 USD in the same day of last year but now bitcoin is grows more in the market and climbs almost 12k USD in the chart so none of the altcoins will not compare with the bitcoin. Altcoins capital may increase but still some imaginary selling are still in the market like bch, ripple and some other cheap coins. So don't take these coons capital growth as serious. Whatever they do, they will next to BTC only forever. Title: Re: market dominance in 2018 Post by: Hydrogen on January 01, 2018, 06:59:05 PM Do you think that bitcoin will continue to lose its market dominance to altcoins in 2018? ... I think the answer will depend upon how saturated major altcoin markets become. The relatively low volume of altcoins is what makes them easier to pump and dump. This quality and the increasingly speculative nature of crypto markets are prime reasons behind investors pulling capital out of bitcoin and selecting a path of least resistance, as they choose easier to manipulate/control, altcoin markets, instead. Introduction of crypto futures and coinbase bitcoin cash support have also contributed towards crypto markets becoming increasingly altcoin centric. There remains a question of whether trading volume of alts will reach a point where they're no longer cost effective to trade over the short term. And also a question of whether markets will stabilize, dumping volatility points, at some point as the smart money wins out against the less experienced money invested in markets. Title: Re: market dominance in 2018 Post by: Accessence on January 01, 2018, 07:17:45 PM The cryptocurrency that has gained mainstream attention is bitcoin. This is as simple as it gets, nobody might not be aware of what Ethereum is or what NEM is but many are aware of bitcoin. Bitcoin get the most natural marketing and this is what will help retain its market domination in the long run.
Title: Re: market dominance in 2018 Post by: fiulpro on January 01, 2018, 07:20:57 PM I don't think that it will ever happen because all these ups and downs what that we have seen in the past and for that same reason I believe that it will follow the same path and slowly increase its value to what it was before before shooting even for a higher one .
But nothing is impossible now that we know that cryptocurrency is a double edged sword thus the chances of it Being wiped out is also not very low Title: Re: market dominance in 2018 Post by: mutrang23 on January 01, 2018, 07:28:25 PM 2017 ends with the first cryptocurrency losing market share to altcoins. After falling as low as 37.9% in the last two days of 2017, the market dominance of bitcoin now stands at just 38.2% as of this writing on the first day of 2018.[1] (https://news.bitcoin.com/after-ripples-rise-btc-dominance-falls-below-40/) The parameters you give about market capitalization on crypto. I think capitalization of XRP can grow further and maybe half the Bitcoin next year. But I still have a belief that the bitcoin volatility will continue to lead in 2018.total market capitalization is $615 billion cryptocurrency markets and bitcoin have more than $234 billion. Ripple’s XRP is now worth about $88 billion by itself after a massive rally in December. Ethereum’s market cap follows very closely now at over $74 billion. Bitcoin cash (BCH) is also not too far behind with an overall market value of $43 billion.[2] (https://news.bitcoin.com/after-ripples-rise-btc-dominance-falls-below-40/) 33 altcoins and ICO tokens that are worth over $1 billion by market cap each. there are now also about 129 altcoins and ICO tokens that are worth between $100 million to $1 billion by market cap each Do you think that bitcoin will continue to lose its market dominance to altcoins in 2018? Source https://news.bitcoin.com/after-ripples-rise-btc-dominance-falls-below-40/ (https://news.bitcoin.com/after-ripples-rise-btc-dominance-falls-below-40/) Title: Re: market dominance in 2018 Post by: bigvito19 on January 01, 2018, 07:33:19 PM If more and more new coins getting made on the market, it can go down more
Title: Re: market dominance in 2018 Post by: aoluain on January 01, 2018, 08:20:12 PM Under the current bitcoin status of transaction speeds and fees
I could see a move away to alt-coins in 2018. Also because of the high value of bitcoin a lot of everyday normal people will get very little for small investmens, instead the lure of lower priced alt-coins will be attractive, as an example just look at Ripples move over the last week. Title: Re: market dominance in 2018 Post by: ladadadiweliketoparty on January 01, 2018, 09:01:34 PM If more and more new coins getting made on the market, it can go down more Exactly it will go through phases where it pushes up and goes down but as time goes on it will increasingly go down. We won't see BTC dominance at 80-90% anymore and we will slowly head towards 10-30% range as time goes on. Title: Re: market dominance in 2018 Post by: deisik on January 01, 2018, 09:45:04 PM 2017 ends with the first cryptocurrency losing market share to altcoins. After falling as low as 37.9% in the last two days of 2017, the market dominance of bitcoin now stands at just 38.2% as of this writing on the first day of 2018.[1] (https://news.bitcoin.com/after-ripples-rise-btc-dominance-falls-below-40/) total market capitalization is $615 billion cryptocurrency markets and bitcoin have more than $234 billion. Ripple’s XRP is now worth about $88 billion by itself after a massive rally in December. Ethereum’s market cap follows very closely now at over $74 billion. Bitcoin cash (BCH) is also not too far behind with an overall market value of $43 billion.[2] (https://news.bitcoin.com/after-ripples-rise-btc-dominance-falls-below-40/) 33 altcoins and ICO tokens that are worth over $1 billion by market cap each. there are now also about 129 altcoins and ICO tokens that are worth between $100 million to $1 billion by market cap each Do you think that bitcoin will continue to lose its market dominance to altcoins in 2018? Source https://news.bitcoin.com/after-ripples-rise-btc-dominance-falls-below-40/ (https://news.bitcoin.com/after-ripples-rise-btc-dominance-falls-below-40/) I guess this might well be the case Especially if nothing is done to solve Bitcoin's current issues (or should I actually say its everlasting issues) that have been plaguing it for years. Now we have Bitcoin Cash which is somewhat better, in a technical sense (though this is debatable). But other than that, it is not much different from the original Bitcoin, at least not to the majority of traders who look only for profits. And if Bitcoin remains where it is now, with its devastatingly high fees and excruciatingly slow confirmations, we will see it bleeding more until it breaks completely and falls apart in the end. And the end may be nearer than everyone thinks Title: Re: market dominance in 2018 Post by: johnnywoo2015 on January 01, 2018, 11:05:44 PM I find it sad, but inevitable.
Bitcoin is still the leading currency, but it's obsolete when we are talking about DAPPs, smart contracts, ICOs, new technologies, etc. I think we will even see BTC dominance under 25% in 2018. Title: Re: market dominance in 2018 Post by: hase0278 on January 01, 2018, 11:23:23 PM I find it sad, but inevitable. That is possible and for this reason I hope there will soon be a way to solve the slow transaction speed because it is the first step needed in order to keep Bitcoin dominance in the market this year. Still, I don't think Bitcoin will lose when the reason is just tech, the reason for it's loss of market dominance mainly is the slow transaction and those other alts with DAPPs and Smart contracts are not intended to be used as a full pledged currency. If ever there will be one that might best btc in it's dominance it will be it's forked version which is Bitcoin Cash. Bitcoin is still the leading currency, but it's obsolete when we are talking about DAPPs, smart contracts, ICOs, new technologies, etc. I think we will even see BTC dominance under 25% in 2018. Title: Re: market dominance in 2018 Post by: player514 on January 01, 2018, 11:26:59 PM 2017 ends with the first cryptocurrency losing market share to altcoins. After falling as low as 37.9% in the last two days of 2017, the market dominance of bitcoin now stands at just 38.2% as of this writing on the first day of 2018.[1] (https://news.bitcoin.com/after-ripples-rise-btc-dominance-falls-below-40/) total market capitalization is $615 billion cryptocurrency markets and bitcoin have more than $234 billion. Ripple’s XRP is now worth about $88 billion by itself after a massive rally in December. Ethereum’s market cap follows very closely now at over $74 billion. Bitcoin cash (BCH) is also not too far behind with an overall market value of $43 billion.[2] (https://news.bitcoin.com/after-ripples-rise-btc-dominance-falls-below-40/) 33 altcoins and ICO tokens that are worth over $1 billion by market cap each. there are now also about 129 altcoins and ICO tokens that are worth between $100 million to $1 billion by market cap each Do you think that bitcoin will continue to lose its market dominance to altcoins in 2018? Source https://news.bitcoin.com/after-ripples-rise-btc-dominance-falls-below-40/ (https://news.bitcoin.com/after-ripples-rise-btc-dominance-falls-below-40/) I actually don't think bitcoin will lose a lot of it's worth, but I can see altcoins come up on the rise. It's possible that in 2019 that altcoins take over the crypto market. Bitcoin is just one coin and even though it's the original crypto and exploded like crazy last year, I think people would not hesitate to move over to another altcoin whole heartedly if they see no future in Bitcoin. Because of this, we might see Bitcoin market dominance drops but I don't think this will really be in play until 2019. Title: Re: market dominance in 2018 Post by: Pleione527 on January 01, 2018, 11:39:10 PM Bitcoin has reached many people around the world and because of its appreciative capabilities many are turning into this kind of investment. People starting to invest and hold bitcoin while others start trading and investment to alts and as the year 2017 end prosperous I am confident more and more people will look into bitcoin and will find ways to earn it in 2018.
Title: Re: market dominance in 2018 Post by: Altero on January 02, 2018, 12:55:10 AM Bitcoin has reached many people around the world and because of its appreciative capabilities many are turning into this kind of investment. People starting to invest and hold bitcoin while others start trading and investment to alts and as the year 2017 end prosperous I am confident more and more people will look into bitcoin and will find ways to earn it in 2018. Bitcoin will surely bring back their image within this year. Not sure that it will climb so high but it could make the community by not worrying it's capability to dominate other coins in the market. It seems that, in past few weeks bitcoin is in troubled of taking back it's price but hopefully it can recover this month gradually.Title: Re: market dominance in 2018 Post by: pinkflower on January 02, 2018, 02:13:43 AM No empire or civilization lasts forever. There was the rise and fall of the Sumerians, the Egyptians, the Roman Empire and the others. Its the same with business corporations and it will also be the same with cryptocurrencies.
With having that said, its stupid to think that BTC will stay on no.1 in market value forever. Title: Re: market dominance in 2018 Post by: ylnar123 on January 02, 2018, 02:20:31 AM 2017 ends with the first cryptocurrency losing market share to altcoins. After falling as low as 37.9% in the last two days of 2017, the market dominance of bitcoin now stands at just 38.2% as of this writing on the first day of 2018.[1] (https://news.bitcoin.com/after-ripples-rise-btc-dominance-falls-below-40/) total market capitalization is $615 billion cryptocurrency markets and bitcoin have more than $234 billion. Ripple’s XRP is now worth about $88 billion by itself after a massive rally in December. Ethereum’s market cap follows very closely now at over $74 billion. Bitcoin cash (BCH) is also not too far behind with an overall market value of $43 billion.[2] (https://news.bitcoin.com/after-ripples-rise-btc-dominance-falls-below-40/) 33 altcoins and ICO tokens that are worth over $1 billion by market cap each. there are now also about 129 altcoins and ICO tokens that are worth between $100 million to $1 billion by market cap each Do you think that bitcoin will continue to lose its market dominance to altcoins in 2018? Source https://news.bitcoin.com/after-ripples-rise-btc-dominance-falls-below-40/ (https://news.bitcoin.com/after-ripples-rise-btc-dominance-falls-below-40/) Bitcoin is always the barometer of all cryptocurrency, but since the emergence of ico and altcoins there is the competetions between all cryptocurrencies. That is why the dominance of bitcoin deminished from time to time, but then again 2018 will still ba dominated by bitcoin withe a margin that is not that high like the past years. Title: Re: market dominance in 2018 Post by: weav on January 02, 2018, 02:24:55 AM We are still at the point where i you want to buy most altcoins you first have to buy bitcoin. There is no really easy way to buy altcoins . I think when this changes bitcoin will lose a lot more.
Title: Re: market dominance in 2018 Post by: Reid on January 02, 2018, 02:30:33 AM We are still at the point where i you want to buy most altcoins you first have to buy bitcoin. There is no really easy way to buy altcoins . I think when this changes bitcoin will lose a lot more. This is the first step. Imagine them still going through bitcoin before they can go thru another altcoin. Market will still grow if they want to buy what altcoins they are supporting because of that. There is no way they could jump to their coins without using bitcoin. Even with the long transaction time and the fees they will still need to fill that stage just so they could continue. Ethereum might be a good way because it is still fast and it can already be bought in USD. But still the main ingredient is bitcoin. Title: Re: market dominance in 2018 Post by: Nana_Marini on January 02, 2018, 03:00:03 AM Yes I see the graphic on the market. Bitcoin always the best coin for this time. So, invest amount of money in bitcoin we will not lose out :)
Title: Re: market dominance in 2018 Post by: timerland on January 02, 2018, 03:14:57 AM 2017 ends with the first cryptocurrency losing market share to altcoins. After falling as low as 37.9% in the last two days of 2017, the market dominance of bitcoin now stands at just 38.2% as of this writing on the first day of 2018.[1] (https://news.bitcoin.com/after-ripples-rise-btc-dominance-falls-below-40/) total market capitalization is $615 billion cryptocurrency markets and bitcoin have more than $234 billion. Ripple’s XRP is now worth about $88 billion by itself after a massive rally in December. Ethereum’s market cap follows very closely now at over $74 billion. Bitcoin cash (BCH) is also not too far behind with an overall market value of $43 billion.[2] (https://news.bitcoin.com/after-ripples-rise-btc-dominance-falls-below-40/) 33 altcoins and ICO tokens that are worth over $1 billion by market cap each. there are now also about 129 altcoins and ICO tokens that are worth between $100 million to $1 billion by market cap each Do you think that bitcoin will continue to lose its market dominance to altcoins in 2018? Source https://news.bitcoin.com/after-ripples-rise-btc-dominance-falls-below-40/ (https://news.bitcoin.com/after-ripples-rise-btc-dominance-falls-below-40/) Bitcoin is the OG coin, the most trusted coin, and one of the only coins with a limited supply. The media is always talking about bitcion, and most people are only investing in Bitcoin. It is by far the most reliable and best crypto on the market right now. The only other thing I would trust right now is Ethereum, but thats about it. Bitcoin is always the barometer of all cryptocurrency, but since the emergence of ico and altcoins there is the competetions between all cryptocurrencies. That is why the dominance of bitcoin deminished from time to time, but then again 2018 will still ba dominated by bitcoin withe a margin that is not that high like the past years. Thanks to all the shit-cash grabs that caused BTC's dominance to plummet. I create 'X' coin with a 2 billion coin value that will of course push down the BTC's dominance in the crypto field. Take out ICO's and every other shit-coin and then lets have a look again. |
