Bitcoin Forum

Every week BTC seems to lose it's market dominance. Currently it sits at 34.4 percent but what happens when it becomes 5 percent or less? Thoughts?

It will loose its dominance for sure, unless they make a great fork that will change bitcoin into something better. for now it is old and very expensive and yes very slow  :) I think another great alternative will come, like it always happens.

I'm thinking that bitcoin losing its dominance will not necessarily be a bad thing, because the blockchain definitely was not capable of handling all the traffic back when the interest in bitcoin was at an all time high. If the interest in bitcoin goes down, the dev team will hopefully have bigger opportunities to improve the infrastructure (implementing lightning network etc.), meaning bitcoin will assume the first place once again. So perhaps bitcoin has to go down even more before it can start going up once again.

14% of the bitcoin has been hacked recently in one the trading site. That made price dumped in the market in the meanwhile South Korean Goverment oriented banks invested on the crypto currency trading so completely it balanced the value in the marketplace.
Hopefully we finds the bitcoin value booms again in the market. Many of us know that 80 percent of the coins are holded by the initial time miners and still stays in the same place. None of the coin will not be able to overcross the bitcoin.

You mean 'if bitcoin would lose it's dominance' , that sure wont happen. If it were to happen, it would probably still be the same as it was. Of course, more people would use that other currency that would be dominant so the user base would be smaller, and the price would probably go down a bit, but nothing much would change except that.

In fact at this moment bitcoin has lost its dominance. Not in relation to a particular cryptocurrency, but in relation to the altcoins in general, because to be dominant, it should has at least 51% of the marketcap, and now it only has around 33%. And I do not think that this can be reversible at any given time, but it seems that its dominance will tend to be diluted more and more, and possibly this same year we will see it around 15%.

This is because most of cryptos are looked as speculative assets and because price of bitcoin sounds enormous many people are jumping into alts for hope to get higher returns. Which is true some shitcoin can pump like 300% in a day while bitcoin pumpin is slow. Because of higher risk and higher possible returns people are buying alts which is why BTC is losing dominance as we see. But still people have BTC in their portfolios because you are sure it won't disappear over night like some alts may.

I think alternatives will surely appear, but for now, Bitcoin is still in the dominant position. Even if bitcoin loses its dominance, I think its price may fall, but its value is still there, and its technology is still useful to us. By that time bitcoin would be the real bitcoin, bitcoin now The price is the holder of the hype.

when merchants started accepting altcoins, bitcoin starts losing its dominance. when the number of merchants went past millions, or when BitPay reported that monthly payment processes they made was $110 million+ per month that is when bitcoin's dominance reaches 50%.

when shitcoins are created by the billions and each of them have million dollar market cap, the share of bitcoin from the total market cap drops to 30% then 10% then 1% and goes to 0 eventually when a million shitcoin with 10^10000 coins supply were created in a year or two and nobody cares about this "dominance".

If bitcoin loses its dominance, and not only in terms of capitalization, but also in price terms, then in general it will only benefit the entire crypto currency. Now the crypto currency market is very much skewed towards bitcoin. This prevents us from growing normally investment and developing to other altcoys, which can be functionally even better than bitcoin. However, most people hope that investing in bitcoin will bring more profit than in promising altcoyins and invest their money exactly in bitcoin. In connection with this, not the best digital coin develops, but the one that is reversed by the majority at this time as a source of obtaining a large passive profit. All the same, sooner or later it will equalize and investors will be worthy of coins, which are better in terms of their functional qualities.

Hmm... really interesting. Which cryptocurrency then do you think can overtake Bitcoin then?

There is really a possiblity that Bitcoin will loose its dominance in the crypto-Arena. I see that most users observations are its expensive transaction fees.. some altcoins have been selected because of this.
in other words, even though bitcoin looses its value, I am pretty sure that many Altcoins will emerge dominant. LIke the ETH for example, it has been there for quite a long time and growth had been steady. IT always ranks as second best.
bitcoin better lower txn fees for more users to patronage btc.

Nothing. Does market dominance change the reality that Bitcoin is the most secure and the most used censorship resistant, decentralized, peer to peer cryptocurrency out there? No. "Market dominance" is a bad standard of measurement of what the best cryptocurrency is.


Not anymore. Someone pulled the plug. Haha.

https://bitcointalk.org/index.php?topic=2841612.0

5 percent is impossible. While people need altcoins, bitcoin will exist. Just increases the number of altcoins through ICO and the dominance of altcoins is increasing.

That's because altcoins are currently in a bubble, like Ripple, Ethereum, etc. Plus bitcoin has recently just took a dive, so it's really no surprise that the bitcoin dominance is going down at the moment. Same thing happened last year, alts went up a lot, but at the end, bitcoin dominance reverted to around 50% which i think is still quite undervalued.

Bitcoin will continue to be the number 1 cryptocurrency as long as cryptocurrencies are still a thing. The dominance could go down but that just means that there are thousands of altcoins there that are all basically tools for speculation. Bitcoin is really the only useful currency out of the bunch.

When I see bitcoin dominance under 40%, I always buy bitcoin. It means that altcoins are overbought and overvalued, and bitcoin is the exact opposite. It shouldn't slip under 30% any time soon.

it is not possible, because the value and price of bitcoin depend on spreading and volume, because even though bitcoin percentage decreases, but bitcoin value in the market remains a lot. except everyone has left bitcoin, then it may drop to 5%. even going to die.

I'm quite sure this could happen this year. In my opinion, this doesn't will change our life, and I even think BTC, at the first time will only lose his dominance temporary. This could happen once ETH will switch to casper as example.

It will take time before we see BTC losing its dominance forever, but it's quite sure that will happen, when you see how alts are progressing.

hi friends, in my opinion this will only happen a few months ahead until the 3rd month. after that i btc piat will start to show the power of price stability. because of every year, Btc will always go down at the beginning of the year. it is because of the number of btc holders who sell it.

may also experience a decrease in prices for other Altcoins and reduce the circulation of Fiat for cryptocurrency.

but I am convinced by the conventional trade principles, for example:

"where there is a demand there must be goods"
"when the goods thinned, the higher the price"

Bitcoin is getting depleted in the mine, the more it will rise its price.

I don't think Bitcoin will ever lose its dominance. It will always remain the proud son of cryptocurrency. But if something likes this happens, another currency will take its place. This is the simple rule of evolution.

come on be serious! Bitcoin will never lose its dominance!
Bitcoin is the king always will be the king.
and tell me, which crypto will overcome bitcoin? Ethereum? I don't think so.

For me I  do not see bitcoin looses its dominance, over the other altcoin in the market index, it is because , of the bitcoin high price value, who will replace it ,so that bitcoin will be no more dominant, bitcoin has already establish its name in the cryptoworld, that is why bitcoin as for now remain dominant .

It would be hard and a long process if it would happen that bitcoin will lose it's dominancy and found another kind of cryptocurrency will take over the position that a bitcoin has what it have right now. So far I still had a strong belief to bitcoin that it would be still the number one coin in the digital world today.

I don't think the dominance have big role in the future of the crypto currencies the dominance level just based on market cap values so we need to concentrate on the prices more than the dominance but now the bitcoin regains its dominance when comparing the OP's value but still the price fallen heavily.

we all know that bitcoin is a great currency to invest in . But let us not forget that there are other uprising tokens that also need an attenTION.
 I suggest that you have to invest on LEDU token or Education token because there will be a bull market in the coming months. So dont miss this chance!

Bitcoin now controls nearly 30-40% of the cryptocurrency market, the second stage of dominance belongs to Ethereum which has half the market capitalization of bitcoin when bitcoin will loose its market dominance, Ethereum will rise and so will the price of all the altcoins supported by the Ethereum blockchain network.

The probability of that happening is extremely low, think of it in terms of a chess gambit where bitcoin is the king, the whole other chess pieces have one reason of existence to protect its king so bitcoin will not lose its dominance or even if it does , that will signal the end of the cryptocurrency market.

I think in the near future bitcoin will remain dominant, the nearest competitor eth is gaining momentum more and more, but the chances are very small, we must wait for the full entry of institutional players, there will probably be something interesting

btc will dominant again.no need to worry.no altcoin would be major crypto without btc.
new news will come about development regarding btc soon.

let's not be too quick to judge guys. Bitcoin has been down off late no doubt about that but let's not forget that in as much as bitcoin is respected in the crypto community as the King it is still susceptible to volatility but i am sure in no time the bull run of bitcoin will be in full swing. That way you will experience the dominance of bitocoin in a different dimension

Bitcoin will loose its dominance over time for sure. Currently it is around 42% but during late 2017, the bitcoin dominance was over 50%. So it is loosing its dominance slowly over time. However, that is because of the new innovative coins are getting introduced in the market and the investments are getting divided. However, on the other hand, the market size is increasing. So the dominance is only decreasing in the percentage factor while the market cap is not decreasing unless the price goes down.

However, I don't see bitcoin dominance to go down to 5% level anytime soon. Even if it happens in next 10 years, the overall crypto market cap is expected to increase to such level where the current valuation will look smaller compared to it. Being a pioneer crypto currency, the significance of bitcoin will not go down.

Bitcoin most likely will not lose its dominance in the crypto currency market. This crypto currency will always remain in the first place regardless of the conditions in the crypto currency market.

Yes, it is happening from the last couple of months but I think no one has confirmed idea that how much more time it will take to lose its dominance because it looks there are a lot of signal providers fail to indicate the downtrend and how much and for how many time it will occur.

I think, if we are looking at the yrend of how botcoin works in the past years. Indeed the price really falls on the first to the sixth month of each year. So i look forward for the price changes in the following months to the end of the year. Btc dominance is still around, don’t panic.

I think if bitcoin loses its dominance that would be the time that we will fell the total independence of all altcoin in the market. Today, bitcoin movement really have big impact to all coin in the market. Bitcoin influences all the crypto currency that's why we investors have always rely on bitcoin price when ever we decide to buy altcoin.

We all know that here in btc community the system has already done a huge impact in our life. With our experience here from the very start many had changed and we fell in love with btc itself. Once it loses its dominance I really think that most of us in here will surely leave and find another system which can bring usit moreto power than btc can do.

the only problem is that this number is not "dominance" it is market cap. something that you shouldn't even be using for cryptocurrencies. using it for them is like using "taste" for cryptocurrencies and call bitcoin "sweet" some altcoin salty ,... it is just as meaningless :D
and it is like this because 42% that you quoted is bitcoin's market cap against total of  1700 altcoin market caps.!!!

Most of our population here in this system has already been dependent with btc. It has done so much for us and still continuing its impact. I'm pretty sure that if btc loses its dominance then many of us in here might also lose their interest. With that said and done other system will rise and take over of btc's place.

There is a huge possibility to happen that and if that happens many investors and traders who cope with bitcoin will face huge losses.Because today we often doesn't see bitcoin is used according to it's original intention where it was build in the first place to use as a globally accepted digital currency for most transaction to accommodate reliability, convenience and security but people only focuses on bitcoin only as a great investment asset ignoring it's true vision which makes it useless in the real world and that will be a significant reason to loose it's dominance    

I do not think that soon bitcoin will cease to dominate , if this happens I think not soon , and even if it does happen then there is nothing wrong .

If you subtract more your domain is because each time you improve the technologies of the new cryptocurrencies and it is very possible that another goes out to dominate the market everything evolves nothing stays static and if it is much better than bitcoin the community will support it unanimously while it satisfies all the interested parties and if it goes to 5% it would be distributed even more since it could be because of low price or very much increase

Well nothing in this world can stay as the king forever. Bitcoin is obviously going to lose its dominance at one point in the future, but as long as Bitcoin continues to develop and innovate it isn't going to become irrelevant. Currently Bitcoin has the first movers advantage but it can only last for so long.

This is a very interesting question. In order for bitcoin to lose its price dominance in the crypto currency market, it must lose its advantage in capitalization. If the other Crypto currency is not significantly different in terms of capitalization from other types of crypto currency, this will mean that each coin and token will develop independently in the price plan. It will be very interesting, because until that time we practically did not have a free crypto-currency market. This will be a good time for all the Crypto currency.

Of course new coin will replace it.But,is it that easy? No,in order for that to happen is when there is a coin that surpass bitcoin in all aspect,like the price,availability and transaction speed.So for bitcoin lose it dominance i think it's still far off in the future.

Thoughts are not good because Btc dominance is not losing and it makes more down day by day and the things to do is just calm and cool and stays away from the market because it is dishearting to the traders.

the most value btc has right now its because of it dominates the trading pairs. if exchanges remove these pairs then it will lose its dominance and will lose its value,and it will become godfather to cryptocurrency.

It should be noted that bitcoin has not lost its dominance to one or two coins but rather to hundreds of coins.Bitcoin and altcoins are inter dependant and altcoins get valued in bitcoin and survival of more altcoins make governments to think impossible to destroy bitcoin as any other altcoin would easily replace that empty space.

maybe now a lot of people move to altcoin, but it could be right now the big market players are wanting to play with bitcoin, just wait for big players to play with bitcoin again.
definitely later bitcoin will rise in price.

His place will be taken by a younger, more stable, who saw the mistakes of the former leader thereby improving his system. Perhaps, so it should happen, that the crypto-currency world prospered. Time will tell.

As we all know that, Bitcoin was pushed by big whales and institutional investors and that's why the price was reaching new levels day by day. Each and every coin out there has its own philosophy and every coin came up with the solution for the different issue. However, I don't think that Bitcoin will lose its dominance at least in the near future but if anything like it happens, then it would be beneficial for the crypto industry.

first of all there aren't "hundreds" of altcoins, there are "thousands" to more more clear there are nearly 2000 altcoins that exist out there.
secondly bitcoin has not lost any kind of dominance. the problem is people created some number and called it market cap which never existed before then they started comparing coins with it. some coins had billions of coins as supply so their market cap grew bigger then they started saying it is showing "dominance" where it really isn't.

Bitcoin has no function.  Ethereum has some cool smart contract functionality, Bitcoin Cash retains the old Bitcoin function of being a transactional medium.  

Bitcoin only has two things and they are both bad.  
Reputational momentum
Just because so many people have been talking about it, people enter cryptosphere here.  Bitcoin is horrible, yet people will still end up here because sorting out the true nature of any crypto platform is hard work.

Ponzi function
People want to get rich quick.  Probably 90% of Bitcoin holders think they are going to make a shit ton of money on the next guy.  They don't care that there is no longer any use for the network.  It has been fully reduced to a Ponzi medium.  You can do nothing with Bitcoin other than convince morons to HODL and then quickly sell out when it peaks.  


Please don't ever forget: people are very dumb.  Don't be one.

It would be great it bitcoin loses it's dominance, there are much better coins out there and they all drop in price whenever some whale decides to dump their bitcoins. This is why monopolies are not permitted in the corporate world, so we should not fear when the other top altcoins increase their market share.

If what was posted happens then members will move over to the next big coin where it is happening currently. We all are her to make money for our families nobody will like to be left behind. But I think it will still be far off before such will happen.

If all the shitcoins were removed from that list, Bitcoin would be above 50% in dominance.

For example, ripple is not a cryptocurrency.
Bcash is btrash

Remove these coins from the list and bitcoin has over 50% dominance.

And in the long term these coins should die. And many, many more.

I think it's only a matter of time before the king loses its throne, but fortunately the market seems to be assuming it in an adequate and smooth way because this has happened gradually, so that in little more than a year the bitcoin went from having more than 90% dominance to about 30%, that is, today it is only one third of what it was before and this has not weakened the market, but the time will come when many altcoins will be positioned above bitcoin and I do not know if it will continue to be the main reference to continue pricing the other cryptos.

Bitcoin is decreasing from a long time with different percentages and look very bad for all traders because the loss of different traders is happening with different percentages that are why thoughts of traders are not good because the trend is continuously going to the down.

I think that would be the time when bitcoin should strive even harder to reclaim its dominant place. But it is impossible for bitcoin to just die and stop operating.

Even in your wildest dreams it won't go down or it's popularity will never end look around you all coins are currently down but look bitcoins is growing up and up. I don't think this will ever happen so I don't think why anyone should even worry about it. Bitcoins is the crypto king and it's not going anywhere it'll always stay on top and only the top.

Only those who thought that bitcoin was a cash machine are the only ones who lost interest on bitcoin, all the others who really believe on this technology are still in here, holding all their  bitcoins just like they have always did, there is no rush for selling, so it does not matter for me.

Its true no one is confirmed that how much time is left to BTC lose its dominance but it will end in near coming days and when it breaks and go to the moon than it will more non-breakable price to the moon and you can see the price will touch the new high price record.

By this time bitcoin is losing its dominance so what i am doing i invest in other ico that has great vision mission and goal for the society. I am making it sure that these icos are long term. Bitcoin future now is not that fix compare to other great ico.

Bitcoin is losing their price from last more than 6 months and thought of traders are still in the recovery of bitcoin but the price is still not recovering there is a lot of time is required to grow the price and provide profitable market again.

Nothing sepcial, other cryptocurrencies (maybe LTC) will be at the top of the cryptopyramide. The rules of cryptocurrency sphere are the same.

It's been a longer time that price would steady in more than $6,000 almost all users prepared on what the good or bad result for investors after the dramatic movement of Bitcoin Price in almost 8 moths start from the top 18,000USD sliding down to the dip, many people are always monitored even a slight movement of higher price but it's not gonna be happen until now, so we hope there is a good changes next moth or next year.

Dominance of bitcoin was quite higher today than before, it was stable to 40%.

You better chill out and watch the market until the market becomes stable again and reaches it's ceiling. The price went to the bottom of $5,800 and aren't you happy enough that it went up again quickly?
Last April there's a quick pump for just an hour, it's no joke.

Maybe many people will get admire to Invest while where as they were wait for the lowest price limit of btc because they all knew that, It will recover soon. Once their are more business company or such a country will get Involve on bitcoin Investment through used It as their alternatives coin.

I don't bitcoin will lose dominance any time soon (at least not to such low levels).

If bitcoin loses its dominance, it wouldn’t be because of its inferior technology. There are other coins that transact and scale better, but can’t compete with Bitcoin’s brand. But I’d like to know, should our priority really be bitcoin, or having future that is made more efficient, productive and digital courtesy of blockchain and an actual virtual currency we could use?

I think people tend to panic when the percentage of market capitalization dominance drops, but usually it goes back up. As the market matures bitcoin will take up less of the market, but it's a bit early to count bitcoin out as the leading coin. I suspect dislodging bitcoin will be harder than many think.

if btc goes as low at 5% then another crypto will be the king, But I don't think that will happens right now.

Increased volatility, the landscape would be much more different as market had to adjust lots of pairs with btc and big organized whales would look for another potential bitcoin which also will affect coins associated with them.,

Its already happening there are so many coins in his back that has a potential to replace bitcoin position, this coins lot more faster and has cheaper fees. But you cant deny the fact that it will take couple of yeard or more to happen because lots of platform like exchanger are relying on bitcoin value.

              At least it is stable unlike before right? Although it is actually unpredictable, there is a slight chance also that it will steadily drop, but the chances of skyrocketting is also high so it makes it almost 70 percent that it will recover. Let us just watch and see it, and prepare ourselves to it.

I don't have an exact percentage for the chance of its recovery, what I believe is it will recover very soon.

I'm still positive and bullish to bitcoin no matter what others are talking about its dominance, its drop and whatever negative news you have been reading online.

Bitcoin is here to stay so no matter what's the dominance percentage, I won't let myself affected by negative words.

a good statement, and optimistic is the essence of your topic.

what makes you sure that bitcoin will always have a chance to pump again and uptrend?

what analysis techniques do you use, so you are sure that bitcoin will reach 20K again?

you never heard negative words about bitcoin from others, what if they were right?

Last year it was only $1,000 at the very beginning of 2017 and now compare to that state, we are $6,000+.

I don't have analysis technique and I'm not really good at it. As I've said, I'm bullish and optimistic no matter what others are talking negatively.

Yes! IMO, I'm sure that it will be back to $20,000 again.

I've heard it before and even until now.

Bitcoin has been said to be dead for years and called as a bubble many times and look where bitcoin is right now.

     In my opinion there is nothing will change if ever bitcoin lose it's market dominance but it is impossible to happen. Yes,a lot of altcoins in the market that has a potential to grow but if you compare it to bitcoin it is too far from bitcoin that's why i believe bitcoin will still dominant over other coins in the market.

Once the bitcoins losses it dominance I will make a alternative plans which can save all my money in severe losses that may raise,
through this I can easily solve all problems that may occur in future.

It's good, there are a lot of other coins. There are competitors-the competition moves the market forward

It would take a very long time for bitcoin to lose it dominance to such a percentage; it seems impossible. However, if it does there wouldn't be much changes except the fact that some altcoins would experience high growth compared to that of bitcoins

that is only for now. Bitcoin might become more dominant but might also decrease to only few % market in long run, at least that is my opinion. We can never be sure what happens

Bitcoin will not lose its dominance. This is the most perfect crypto currency. This can happen only if there is a collapse of the whole world of crypto currency.

If bitcoin loses in price, then other types of crypto currency will break out ahead. I believe that this is very good, because competition is the engine of progress.

As many people discusses earlier the dominance level of the crypto market is just an useless statistics,it doesn't have any real thing in the value of the price of the coins.Ofcourese the dominance level of bitcoin will fall if more and more crypto currencies will be created in future but it is not meant that the bitcoin is losing its position it is just because more and more coins just increasing the total market cap values.

ICO will become more popular.
So it is good to start investing now. I think that I have found a really good project - Socratus.  It is a insurance ecosystem which provide a digital platform for insurance companies . So any insurance company can connect the platform to become the part of Insurance Digital Ecosystem such as property, flight delay, cyber insurance and etc. Their main aim is to help insurance companies to reduce costs (it can be reduced from 15 to 25 %) and  get their business on new level. Also, they powered by Smart-contracts & Socratus Oracles. It means that there is no more solo human decisions to pay or not to pay, no more lingering manual claims handling procedures. From my point of view, it is innovative and fit the market.

I don’t think that it is ever possible that bitcoin ever will loose its existence as we all know that bitcoin is very sustainable crypto currency and moreover it has proved its sustainability by making its existence since 2008, the year in which bitcoin was introduced but I don’t think that bitcoin will loose its existence and its dominance ever because bitcoin is still in controversy because of its over dominance over all other crypto currency and I am sure that this will end up with being declared central currency globally.

Bitcoin is not going to lose its dominance, why do you think that it will happen? there are no reasons to see it happening on the near future, so for me, bitcoin will always be the most strong coin on the entire market that is constantly changing

I think it will be quite a long while until Bitcoin looses it dominance.  I think the bankers want to take control of it and use it.  I think we are going to make a historic rise soon.  I cannot see anyway possible Bitcoin not being number 1 until at least 2030.

The price dominance of bitcoins over other types of crypto currency may decrease if it loses in its capitalization level in comparison with the total capitalization of the remaining crypto-currency. If this happens, then I think that it will be only better, because bitcoin will cease to exert pressure on the formation of prices for other types of crypto currency. Coins and tokens, at last, can freely develop and form their own price policy. The crypto currency market will finally find its maturity.

Yes.I know bitcoin will surely come to an end but i think it's  still a long way to happen.Nowadays,bitcoin is still the most dominant coin among all other crypto coins so let's just enjoy its potentials,and all the benefits we gained from it.There may be new coins that will rise in the coming years but knowing bitcoin is simply irreplaceable.

seeing the vast amount of promising alts projects makes you wonder about the future of the cryptosphere. As we all see, bitcoin which is the initial gateway into the world of cryptocurrency has been losing its dominance over the last years for many reasons, we should not be afraid of this, bitcoin losing its dominance means that it's giving more space to other projects to shine and we need this because many coins are introducing innovative and unique ideas to resolve different issues.

we saw that in the slightest decrease of market cap in general the dominance again is on btc as investors think that it is the most secure one among coins, so in good times it can lose the dominance temporarily but not permanently.

when bitcoin loses its positions, other coins are raised. this is very important for competition, since it is the engine of progress.

Yes, this would be interesting to see. Most likely, in this case bitcoin will lose its price dominance over the rest of the crypto currency and it will finally crypto currency be free to form its own price. In fact, in fact, we do not have a free market at the moment. Bitcoin fell after its December pumping, and all the crypto currency for more than six months because of bitcoin lies on the price day, ICO projects barely survive. This not normal. We have a decentralized crypto currency, which in this case depends entirely on bitcoin. If there was not such a sharp difference in the capitalization between the crypto-currencies, then such a sad situation would not exist.

Another crypto will take its place and the other alts will be compared to the price of the new coin on top. Just because BTC was the first cryptocurrency doesn't mean it will always stay at the top. With that said, I don't think it will go as low as 5% or less.

Nothing particularly important will happen. BTC is valueable because people think that is valuable and can be transferred. There are coins that due to their low supply are even more expensive that BTC and their share in the market is none. So the value of BTC has nothing to do with its dominance. And I am not sure if BTC will lose that dominance completely - there is alredy too many coins and tokens, most of them must fall.

I think we can not measure the exact number of bitcoin's domination in crypto market. But, its true that lately the price of bitcoin still down grading. As a person who believe in bitcoin, im sure that it will not make bitcoin lose the domination of crypto market. But, if bitcoin loses its dominance maybe i will move into other altcoin.

I think if bitcoin will lose its dominance. Many people here will have doubts in bitcoin. And they will start not to trust bitcoin. And they  stay away from bitcoin.

Bitcoin is already dead.  Find more advanced projects like Ethereum or Bitcoin Cash. 

 As far as I understand, bitcoin's dominance will not last forever. Instead of that, altcoin will be the best coin ever

Bitcoin has been gaining market share in the last month. In the future, it is certain that the advantage of bitcoin will drop, and of course the community will be stronger.

I strongly believe that btc will never loses it's dominance.  Because it is developing everyday in order to protect position.

I think lossing bitcoin is not a big issue now, ethereum is their to replace the dominancy, I say this because their are so many coins coming out their with good potential and has bright future, let's face the fact and face the future of cryptocurrencies.

Bitcoin is going to lose its dominance already, sad but true, we have to see all the negative and positive thing to know.Don't be so blind.

Of course when bitcoin loses the big percent cut from the price last December 2017 it is very disappointed to all user and investor, but this is not true in fact now is gradually the price going higher from 6,000 USD last week now the price updated is 8,202USD so there's no possibility to BTC back to the price last 2009.

Personally, I see the current increase of Bitcoin not from the cash flow of new investors, all are whale collectors BTC only.

Imagine the scene whale discharge BTC again shudder.

I think it would not going to happen because bitcoin is one of the trusted coin in crypto. But if that such things happen and loses it's dominance, maybe no more can trust any of the coin because their foundation cannot be trusted by any one and no mater how they develop the new coin that has same function of bitcoin, many do not going to believe in it. Everything will be doubt by people.

I think according to my estimation which I would do if bitcoin loses its dominance is i will go on and looking for something else that can gave me an advantage and could meet my needs but instead of going to forget the bitcoin

I dont think to be honest that Bitcoin will ever loose its dominance. Just look on the sittuation in the world. Every country, that will be concerned about cryptocurrency is talking about Bitcoin and not about other cryptos.

Bitcoin is the main crypto currency, which will always dominate the crypto currency market and therefore the dominance of bitcoin will never fall below 25-30%. So do not worry about it.

Well bitcoin has a very high and stable market cap and at that it will be very difficult for it to fall down to zero and at the same time it almost impossible for such low demands that will ever result to that, but if that eventually happens I believe bitcoin has the capacity to recover again and take it place.

Its value will most likely take a hit since loss of dominance implies that other, more scalable technologies have been adopted and are in use. However, I can see it retaining some value due to the sheer number of BTC only mining devices in operation (which may get sold as space heaters). Collector's coins are still valuable.

The biggest losses will shake out all the imitators - an "altcoin purge" - since a scalable replacement for BTC will lessen the demand for other blockchains.

Bitcoin is lo lose its dominance means some other currency is over taking bitcoin in its market capacity.If it is so happens either the currency ethereum or the bitcoin cash will be supper seeding bitcoin in its market capacity or  a still better coin will be introducing to the market. According to my concept it is only an imaginary concept and normally no other coin will be supper seeding bitcoin in the market.Bitcoins market dominance indicates through its huge market capital and  the volume of its daily tradings in the market etc.

I don't agrees to that assumption of bitcoin losing it value and dominance because bitcoin in the time past has sustained it relevance and capability of it being the world number one cryptocurrency and at that bitcoin can never lose that position.

I don't think this will happen but if something likes this happens, then another currency will take its place. But its like supposing what will happen if cows start flying. Don't worry about it happening. What are your thoughts on this supposition?

People are withdrawing from the market to get rid with a huge loss. This is obviously a better and wise move for an investor, however, this may indicate another individual put distrust on investing. And what happened? Consequently, the market would start to bleed, investors pack-up and bitcoin will definitely be gone. However, it is really a remote situation since veteran investors and hodlers were also spotting the market in its bearish season and they said that any activity in the market is worth waiting and really important.

Bitcoin dominance cannot lose it as you can see when it started their were very less users till so many years but from 2016 bitcion got more awareness. Bitcoin is the main source of valuing coin for all other altcoin projects. BTC is not depended on any projects as it is used as currency and investment for other projects. So i think in coming time it will get more dominance as other coins are loosing their value even after they got good projects. As most of the crypto currency users are only using bitcoins as investment option.

It will be replaced by another cryptocurrency, for example, Ethereum. It has all the possibilities to become number one in this market

I am not surprised by this, the current conditions make a lot of cryptolovers make issues, there are positive or negative. but the fact is they remain here and do not leave this world (crypto). because they are still optimistic there is a revival of bitcoin.

5% is a lot dude, It cant happen now, atleast not this year for sure. But if it happens, then probably altcoins will be affected negatively too. Therefore dominance is still there as it is like the founding father of altcoins. Not to mention that Bitcoin is the most well-known and has been widely used.

Bitcoin can never loose it dominance, there is no blockchain technology without bitcoin. Blockchain and bitcoin goes pari passu with blockchain, bitcoin is the mother of all other cryptocurrency and the bye-product of all alternative coin.

Its the time to hoard and fill my buckets with bitcoin, those alternative will not be as successful and as popular like bitcoin has.

Of course, there are still improvements on the bitcoin's blockchain that are needed to be upgraded.

yes, i think one day it will lose its market dominance, but not this soon. it still need/take a long time to happen

I don't think it's possible to seriously consider bitcoin's ability to lose its dominance. He was the first and continues to develop and improve confidently. Therefore, no one will be able to overtake him and become a leader.

I am sure that bitcoin will forever remain the world leader in cryptocurrencies and will soon become the main world currency. The possibility of creating something more convenient is unlikely.

Look at the dominance of Bitcoin now and you will realize that Bitcoin will always dominate the crypto currency market. Bitcoin is the gold standard for everyone.

Unlike, many of the people on here, I'm not excluding the possibility for an end market dominance of BTC and it that was to happen the next better coin will simply take its place.

No one can guarantee this. A new cryptocurrency might reach a market capitalization higher than bitcoin. There is no doubt many cryptocurrecies will be created and developed in the future.

Yes, you are right in January, he lost his investors, but today bitcoin is the leader, he surpassed all his opponents and in his hands more than 50% of the entire market, this says many advantages for bitcoin. Altcoins many simply will not survive and bitcoin will live.

Probably it will alleviate the presence of cryptocurrency. But believe me, it is far from happening. Bitcoin still dominates in the crypto market. Pro's here in the cryptocurrency trading business anticipated this kind of situation. There's is always the ups and downs of prices at any time of the day but bitcoin still has the edge among other coins. At present, no other coin ever created yet with the purpose of being a currency or can be used in payments at least here in the country like bitcoin.

I don't think it matters as there are 100's of coins being introduced per year.  It's dominance will naturally fall due to the numbers.  I do believe it will retain it's #1 position it will just do it with lower dominance.

Yes, i agree with you.But maybe it will happen not in the nearest time.For now,i still believe that bitcoin will still dominate the crypto world since the other coins are not as potential with bitcoin.And having a lot of investors of bitcoin even if its price is not in its peak,it will not fall easily.

if that really happened, I would split bitcoin into several altcoins. because the dominance of altcoin has recently increased quite a lot and this can be a good moment for altcoins at the same level as bitcoin.

Bitcoin dropping in its market price day in and out does not mean it is going to loss it dominance. Have a drop in market is likely with all coins in this cryptoworld. As side ethereum which is somehow in close fit with Bitcoin, the truth is currently no coin stands the chance of taking the place of Bitcoin hence. let save the hypothesis for future events which has little or no likelihood of happening.

this seems difficult to happen, but if this happens it is possible that bitcoin will lose its influence on the altcoin, and this will make the market even more extreme.

If bitcoin loses dominance happen I think that is not a big deal in bitcoin world because bitcoin will go other way to recover and make another. More people would use that other currency that would be dominant so the user base would be smaller, and the price would probably go down a bit, so means the cycle of bitcoin is up to people used it.

I believe it is only an investor strategy to buy more bitcoin. Don't be too fixated with bitcoin you can buy a little eth for now. I hope bitcoin prices will stabilize again next year.

Bitcoin is now very low in price, but this does not mean that it loses dominance in the cryptocurrency market, it's just a temporary volatility.

Now the price is very much fluctuates and at the moment fell very low, but it does not mean anything bad. You just have to wait for the price to come back.

Hmmm,  we don't pray for that to happen and even if that happen people will die,  some will be frustrated,  why some will run mad.. Someone like me we get lost in the middle of no where..  Because all my investment is Chanel in it..

Nothing really bad happens with bitcoin, everything will be fine. We have nothing to worry about with you. Don't panic. The price will grow and continue to develop further.