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Title: CNBC: Bitcoin despite short recovery now at lowest ever market share (38%) Post by: KingScorpio on April 14, 2018, 11:32:10 AM Bitcoin is according to CNBC now at 38% of the Market share due to a rise of alternative Cryptocurrencies globally
https://www.cnbc.com/2018/01/02/bitcoin-dominance-of-cryptocurrency-market-lowest-level-ever.html i am also currently writing an essay about that issue as bitcoin is basically designed to be unbeatable for banking cartels after the banking cartels power has been weakened, bitcoin becomes a different type of cryptocurrencies, it is not good for usage in the economy. while at the beggining the people supported it sawing bitcoin as a hammer to crush the banks later the peopleand icos will consider it resource wasting etc. as they will compete with it. https://static.wixstatic.com/media/edd81c_75f19aa670ec4c498469010594095cd5~mv2.png/v1/fill/w_630,h_432,al_c,lg_1/edd81c_75f19aa670ec4c498469010594095cd5~mv2.png https://www.cryptoproductivity.com/single-post/2018/04/10/Bitcoins-Possible-Future-According-to-Interest-Based-Game-Theory Bitcoin was designed more like a ram to destroy the central bankers licensing cartel, after they are weakened, those participating in the economy will have no interest aligned with it anymore. as bitcoin stays for wasting ressources. bitcoin will then be opposed and dropped by all other icos, an additional not that review came from 2 january bitcoin was at 12k USD back then, so with jan. 02 12K USD -> 38% Apr.14. 8K USD -> likely lower as more token in existance now and lower price, for example 24% |
