Bitcoin Forum

For those of you that think that Bitcoin is going down this article proves that it's still the strongest in the cryptocurrency world. Not since December 2017 has Bitcoin been such a dominant part of cryptocurrency.

Full article here: https://bitcoinist.com/cryptocurrency-market-54-bitcoin/ (https://bitcoinist.com/cryptocurrency-market-54-bitcoin/)

It is a normal development that Bitcoin is getting stronger in a sustained bear market. Alts are getting destroyed and people flee them in masses. But most don‘t want to leave crypto, so bitcoin is a safe haven for the time being. Just don‘t be fooled and think this is going to stay like that.

As of today bitcoin is still the BEST coin whatever lapses it has. But i think things will change in the future, positively or negatively in terms of bitcoin being the top. But bitcoin has the strongest foundation though.

The way it's trending it can go over 60% soon.

54% bitcoin dominance is already high, altcoin's price drop is already high, and much of the money in the market translates into BTC.

Whenever the price of Bitcoin drops, the negative parts of Bitcoin always share the news like scam, bubbles, etc. But actually, after the discount, Bitcoin always restores it right afterwards and these components know. loss from the community. If your current thinking is that Bitcoin will grow strongly in the months and years to come, let's all think together and there are certainly quite a lot of people out there for Bitcoin. It will still dominate in the future

Yeah, bitcoin only proves its strong grip on its throne. It is still the king of all cryptocurrencies. Ever since the creation of the cryptoworld, bitcoin dominates the market capitalization. This only means that bitcoin won't die, contrary to the trepidation of many. Bitcoin's haters simply can't discount its use case, and they can't thwart the demand for it. Its value will rise and rise inexorably no matter what. So the game now is it's either you rise with bitcoin or be left by its boat.

this is certainly very good news! but for me personally - I'm not very happy! because the rest of the tokens do not grow in price! due to the drop in the growth of bitcoin, a lot of people have poured their money into bitcoin! Because of the fall, bitcoin dominated!

I would not say that this is a good situation. People sell alts and buy bitcoins. New money did not enter the market. There was a redistribution within the market.

We need to understand how dominance matrix work. It can be good but it can also show signs of unrest in the market. Market cap is likely to go high in both bullish and bearish trend but that means we are losing balance between BTC and ALTs which is not good for overall situation of current market. Right now, both BTC and ALTs have come to a stagnant state after being dumped for about 2 weeks, so this is really good.

54%, thats up from 51.7% in the last 2 weeks, its growing.
I floated a thread recently throwing out the idea of getting rid of useless coins
and trading them into bitcoin even at a loss. I think for a number of months
some people have started focusing more on bitcoin. This and a lot of people
gave been burned by ICO's, bitcoin is somewhat of a reliable haven.

Alts are getting destroyed for a good reason. Most of them are scams, and the others have no real leadership behind them. It's turning into a circus.

After either getting ripped off or hearing about friends being ripped off too many times, people have decided not to waste time on risky shit that is more likely to turn into a ponzi scheme than generate any return at all. Therefore we have bitcoin strength. It will last long because there is absolutely no trust in the altcoins. Bitcoin is much more reliable and everyone knows it.

Bitcoin is now replacing weak altcoins and many investors are transferring their assets to bitcoin. This is positive news for the father of all crypto coins. So we wait for the price to go up.

We are just seeing the benefits of Bitcoin being the market leader, when the whole market is in turmoil what more can we do aside from focusing our funds to the market leader? Yes it is going down (some people offload their cryptocurrency holdings entirely) but a lot of people have transferred their funds to Bitcoin as their safe haven and by the time the market recovers I am pretty sure that they will go back to their own bets.

BTC is proving its use during this tough times and a lot of people are actually taking advantage of it. I myself personally sold all my ETH and XRP in order to buy BTC as I notice both of them is falling much faster than BTC. When the right time comes I'll buyback them at a cheaper price.

That is very true because bitcoin has maintained its dominance over the cryptocurrency market for quite sometime now it still holds more than 50% dominance over the cryptocurrency market.

During bear markets traders tend to hide in BTC and then move back into alts when the bulls return.

So by monitoring the Bitcoin dominance, you can better understand the broader market sentiment.

and this is quite a normal phenomenon, the capitalization of bitcoin will continue to increase after November! every day will grow in geometric progression!

before the innovation of decentralised applications like ethereal that came up with applications that enabled smart contracts and has through that means populated the blockchain market with loads of projects coming up with their own tokens and thereby reducing the dominance of the bitcoin in the market, bitcoin has been predominant in the cryptocurrency market.

Alts have suffered, just look at Ethereum right now, its below $300 again and might hit $250-$260, while Bitcoin hasn't suffered damage and currently still trading sideways. Yeah, perhaps investors are liquidating their assets and consolidating on Bitcoin. Altcoins bagholders are shifting to bitcoin because they know they will be rekt if they continue to hold shitcoins and coins for pump-and-dump purposes only. The whole game is changing again!!!

You could probably skip XRP, personally I think it's value is limited and I don't see it coming back strong again.

I'm not surprised bitcoin makes about 54% of the cryptocurrency market. People got to know about cryptocurrencies through bitcoin and bitcoin also have the highest market cap and volume in the crypto market...

it's true and I also still strongly believe that bitcoin is still very strong and strongest, and I think bitcoin prices and also altcoins will soon recover.

Bitcoin is a distributed, worldwide, decentralized digital money. Bitcoins are issued and managed without any central authority whatsoever: there is no government, company, or bank in charge of Bitcoin. In the first quarter (Q1), most major digital currencies took a beating. The world's largest cryptocurrency, lost half its value in Q1. Nevertheless, bitcoin still did better than most altcoins.

This is a very interesting subject - will the dominance grow further or did it already reach the top of its descending channel? Because the long term trend of BTC dominance is down...

This confirms Bitcoin sovereignty in the cryptomarket. Bitcoin holds the key to all altcoins and invariable without Bitcoin may implies the end of altcoins as well. Bitcoin is the first of its kind but Bitcoin dominance will only lead to doom of altcoins.

Its normal to see bitcoin dominance getting more stronger, all investors eventually will be back to bitcoin, the reason is because bitcoin got a real implementation, while alt coin just the place to look for profit and bitcoin also the most stable crypto for investment, and bitcoin not going down, but the december 2017 hype is too big, so actually now we are still in a good price

About fifty dour perfect from the cryptocurrency world is not a bad thing. Knowing that this almost a half portion is not a small thing to bit in the name pf cryptocurrency or in digial world. It is where people choose to use and patronise. In the other not so half, altcoins are still sharing this forty six percent of it.

The bearish market makes Altcoins lose a lot of prices that make Bitcoin increasingly dominate. And this is truly unique because even though Bitcoin is only its own, it can surpass the domination of thousands of Altcoins.

It is undeniable that BTC is the oldest and biggest coin from the beginning to the present. nothing can be bigger than this coin. The sudden increase in the Bitcoin dominance index which coincides with a surge in Tether volumes has shown that investors are becoming reluctant to take high-risk and high-return trading, largely due to a lack of confidence in the market's short-term trends.
I think this is a good thing.

To this day, on 20/8/2018 Bitcoin price (20/8) recorded at 10h50 this morning is 6,513 USD, up 1.85% compared to 24 hours ago. Current market capitalization of bitcoin is $ 112 billion, accounting for 51.5% of the digital money market.
On the market, 94/100 coin led by market capitalization increased in the past 24 hours, covered a blue color to the market.
It can be seen that BTC still holds the 1st place in the race to the future destination

To be honest, Bitcoin dominance shows nothing more than the market cap of recent times and that can also be faked by due to the equation of market capitalization. However, the sign is good for the BTC holders nonetheless. But, it also means that the Altcoins are seeing great slump right now due to people moving from ALTs to BTC in current market.

54% bitcoin dominance to other cryptocurrency can still be called huge. Even though it drops significantly we still cant deny the fact that 54% is still a large number for cryptocurrency, and i think that bitcoin dominance will not go below 50% that is for sure especially eth right now is decline to the point it is hard for it to reach 300usd.

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Nah, technically if the bitcoin dominance is getting low it means many people transferred in Alts, also it means that bitcoin's price is getting low while the others is getting high. If the price of bitcoin will pump then bitcoin dominance will also increase, and vice versa.

In the past few months, we have seen a decline in the crypto market. However, only two days ago, the market has gradually stabilized. Market capitalization of BTC still leads with over 51%. With these figures we still believe that the king of the Crypto market named BTC still dominates on its throne. However, to be able to achieve its purpose, the BTC must continue to regain the style, the confidence of investors.

This percent is quite normal for a bearish market. When market will become bullish it might decrease to less then 40% as it was in 2017.

In bearish periods it's better to keep your funds in BTC as price will drop less than most altcoins. In a bullish market you can bet on some altcoins with strong projects behind (eventually not being already pumped).

For now market is still bearish, so Btc looks more safe.

I have thought about that before reading this article, bitcoin is like the god of digital currency in the cryptocurrency world. this proves bitcoin is the main actor  8)

That's mainly why all other altcoins always follow bitcoins price movement, Bitcoins price is an indicator of the money going in and out of the whole crypto market.

now a lot of investors are worried about their money, so they started to pour their capitals into a stable crypto coin! Today, in capitalization, bitcoin has no equal! but soon, when the market turns around, people will start pouring their money into other crypto coins! which can yield more percentages of profits!

Bitcoin used to account for 70% of the Cryptocurrency market. This shows that Bitcoin can influence and determine the market's tendency, thanks to the percentage of it acquired in crypto. Bitcoin is becoming increasingly significant and its influence on Crypto is increasing, so everything depends on it.

Anyone saying it's a good thing that the btc market's volume increase. even rumors began that the bull rider would start. but I do not think there has been enough increase for the bull run yet.

So much trust on the bitcoin network despite been a coin with an anonymous creator. With all the the many die/dying panic baout it, many still find it the surest. Bitcoin the nightmare of Bankers.

It is obvious, actually, that Bitcoin has been dominating electronic money. All Bitcoin changes affect the remaining Altcoins. This has advantages and disadvantages, the advantage is that Bitcoin owners and other Altcoins feel good when Bitcoin prices rise, but it is the past, Bitcoin is now down to make the owners of the Altcoins also lose money because of this.

if you know the basics about bitcoin then you wouldn't need an article on the internet to tell you whether bitcoin is strong or not. you would already know the answer to that. specially an article which is using market cap and its relation to the total market cap as its main point of reference!

in other words bitcoin is as dominating as when it had 80% of the total market cap and just as dominating as when it had 40% of the total market cap. nothing has changed about bitcoin's dominance. only the market cap numbers change.

I think bitcoin in the crypto world is like gold in the flat world. When investors feel unsure about the situation with altcoins, they just move back to bitcoin and hold on to it, because they trust in it, so bitcoin will always  have value.

Thanks for this, i will share it to my friends who says bitcoin will die because the market is so low, i think it will enlighten them and help them that bitcoin is not that easy to die.

Yeaa, I am very confident it will be a long time. Bitcoin is the only blockchain that is properly build up from the foundation. The base layer is simple, secure, decentralised and hard to change. This means that it is able to attract most capital in the form of investors looking for a store of value (and thus hash rate = security) while the resources to run a full node remain limited and thus the main properties of the blockchain are maintained.

Oh I know, it's just that there was a lot of FUD going on the boards last week because of the price drop and I wanted to put something out there to counter all the negativity.

I think that bitcoin in crypto currency is like an analogue of gold in the world of fiats, so in dangerous times they pass to it

yeah bitcoin dominance keep increasing while market cap is falling, i dont know whether this is the sign for a bull run and i do read many expert think the bull run could happen in march next year, but one thing that i'm sure bitcoin is strugling with the condition of the regulations and adaptation of ETF and etn and many people seems to put much hope in etf and when its get rejected they just sell their bitcoin and i believe this is what caused the market too fall.

Market capitalization decreased, but bitcoin capitalization increased, the confidence of investment investors are concentrated in bitcoin a lot.

Well, this a good news. Bitcoin is getting stronger again and the 54% bitcoin dominance is high already. After the creation of the crypto world the market is dominated by the bitcoin. Bitcoin has the strongest foundation despite of having some positive and negative things. It is the safest and secured coin.

This is absolutely a great news. Bitcoin dominance is about 54% now and it is getting again stronger. Bitcoin has the strongest foundation. And the crypto world is dominated by the bitcoin. Despite of having some negative things, it will be the best always.

 The external fundamental background on the crypto-currency market is moderately positive, good news prevails, but this has little effect on the stock exchange rate of crypto-active assets.  :-\

The sad part is that the altcoins are paying for such huge market cap, when money leaves the market, bitcoin holds it position relatively while we see more drains on the alts

The timing is much more favorable to Bitcoin than the alts, if we have ETF approval and the successful implementation of the Lightning Network, we will have Bitcoin reaching another level if today the 6k resistance is very strong, soon the price may have a resistance double or triple that value. The alts have to walk on their own, with the maturing of the projects the best will ensure their place in the market.

   Really! Bitcoin is still the strongest digital currency in crypto world that's why i think there is nothing to worried about. What happened now in crypto market is just normal and part of business. Fluctuation is always present in crypto because it is not designed as stable coin.

Bitcoin dominant in market cap value rising more than 50%. I think its good time for buying altcoin because if bitcoin dominant more than 50% i think its not healthy for altcoin and many project will death

Bitcoins as the leader of cryptocurrency is the driving force behind the cryptocurrency market and it dominance is the cause of the liquidity too. The dominance of bitcoin is the reason why any movement in the price of bitcoins affect most alternative currencies.

Bitcoin are more probable and promising in the crypto market. it is more secure and reliable and potential in th market.it will make profit for investor. it is still now very good position in crypto. it future are so good.

bitcoin is the first crypto currency and will remain it until the end of its days and those who think that someone will bypass it by capitalization are deeply mistaken

Sure, but as you can see from the latest price action, the ETF isn't everything. It might have caused a quick drop as soon as it was rejected, but that didn't last for long. Below 6000 is unsustainable so there will always be buyers ready to jump in there. I'd be buying as much as possible at this point because there isn't any further decline coming.

The ETF would help, for sure. We'd like to see some more money injected from sources other than techies, nerds and hippies. The big investors on the sideline have taken note but are still too nervous to get involved without their precious institutions protecting them

I think it is indispensable for the crypto market because it shows Bitcoin is always the oldest in the money market. By now people would run to buy Bitcoin to hoard rather than Altcoins because they think there will be a miracle.

Btcoins have a major percentage of the total crypto currency volume because Bitcoin is a leading crypto and also bitcoins are on top of the marketcap.

Gold is precious because of its rare properties. Dollar is valuable because it is widely accepted and Bitcoin is valuable because of its popularity. More and more people are accepting Bitcoin payments, which makes value of Bitcoin increasingly. Value of Bitcoin is closely tied to the amount of people using this virtual currency, which means value of Bitcoin is unstable, which can increase at a rapid rate.

Bitcoin are now still now more than 54% of crypto people. it is more profitable and potential. its will be increasing price and make more profit for investor. it will be make your future good.

This market dominance proves that bitcoin is the king of crypto world. Every day more and more people say bitcoin is dead but still bitcoin is slowly increasing its market share and soon we will see a potential bull run.

in cryptocurrency market the bitcoin dominance is more powerful always because bitcoin is treated valued at the highest point in their priority rather holding the other crypto currency coins people want's to hold bitcoin or trade the bitcoin or exchange also bitcoin . every other alt coin is depend mainly on pair of btc  in exchange . very rarely depend on eth or xmr or ltc or usd pairs.  but low cap or micro cap coins or some major coins also depend pair on btc only.  that's why  all market is depend on bitcoin .  if bitcoin rise  alt coins face red market  if  bitcoin is stable market is stable , see the green market .

This phenomenon is familiar to my ears and eyes. Bitcoin has long been a priority coin for a large number of investors and other cryptocurrency users. Because, bitcoin is the only coin that excels in the crypto market.

There is no doubt about it the crypto world is dominating  by the bitcoin. Despite of having some negative things, it will be the best always.

I don't think it's Bitcoin who is getting the advantage instead Bitcoin is only existed till now because it is accepted all over the world by some method. Such as I use it as 1 pocket money and someone else use it for some service so if all the other cryptocurrencies get accepted in the market then that will potentially block Bitcoin usage and can cause some serious trouble.

Bitcoin are more secure in crypto market. it will be more potential and still now make profit for investor.it is more reliable and committed to make profit. its future are bright. it will increasing their price.

This is an amazing news for the people using bitcoin. Bitcoin has the strongest foundation and the entire crypto world is also dominated by the bitcoin. Bitcoin is the best among all. It has the 54% dominance in the crypto market.

This is a very good news indeed. If market becomes more dominant by bitcoin then the price will increase for sure and bitcoin is the best coin out there so, there is no doubt that the market will be dominant by bitcoin.

Bitcoin is the most popular cryptocurrency in the market. The people who have a little knowledge about cryptocurrency, has heard the name of bitcoin. So, it is pretty normal for bitcoin to show its dominance in the market. And this dominance will rise with the time.

Bitcoin is called the father of the cryptocurrency. So far it has been the most successful cryptocurrency of all time. Getting 54% of the cryptocurrency market is very normal for a cryptocurrency like bitcoin. And if you look at the history of bitcoin, you will see that, few years ago it was nearly 50%, now it is 54%. The dominance is increasing and it will continue increasing.

Currently it's better to convert most of your portfolios to bitcoin.The altcoins haven't lived up to expectation at all. Bitcoin is more stable and profitable than any other coin as has always been so it's understandable that it has more than half of the total market cap. I expect bitcoin market cap to rise even more by the end of the year.

We should accept Bitcoin is a king. There are so many scam projects that Bitcoin is the most reliable among them. I think this is normal. Perhaps if it were not Bitcoin, there was no such thing as digital money today.

Now bitcoin is having 54% of the market. This percentage is rising with the time. Previously it was around 50%. And it is not a matter of surprise for bitcoin. Being the most popular and most successful cryptocurrency in the market, bitcoin will always have the larger share in the market. This dominance will go higher and higher with time.

That's cool news and it means that bitcoin can become central currency in whole world in the future! So, our investments do not go away.

Most alts went 70% down and sell pressure is going on for cryptocurrency, like the days before organisations are still looking bitcoin as the main investment option as well they are choosing it with rumors and stuff about eft and so on.. it always a good thing for bitcoin to strengthen before investor has more confident to reinvest into booming alts

Bitcoin is one of the major crypto currency and a new form of economy with a strong net work systems which is deem suitable to the new era .Bitcoin is linked with the modern technology and incorporated with the block chain technology.The block chain technology ensures its security systems and the clarity. Bitcoin has the strong market capital of 54 percentage and also its daily trading volumes are also very high.So bitcoin is the leading coin among the crypto currency.

Yeah indeed i sure bitcoin will not down, Because without bitcoin there will be no another digital currencies. And we need always support bitcoin anything happen. And i hope bitcoin can be support by every people in this world. :)

It just shows how strong the system is and proves its dominance. Well I'm not new to that because personally I know that bitcoin is the number one crypto. It's proven that bitcoin is great and being recognized by many. Well I hope that it will continue for a long time and we will all experience how great bitcoin is.

So bitcoin is a safe place for now, because usually most investors keep their assets in Bitcoin, while the money invested in altcoin is only a small part. and this is a normal development that Bitcoin is getting stronger in the sustainable bear market. actually this is good news for cryptocurancy not only for Bitcoin, because usually if Bitcoin rises, altcoin will follow it.

Well this is an interesting fact and just shows how great bitcoin is. I hope this will inspire many newbies and motivate them to continue supporting this system. I know that this wouldn't be possible without the help of users who continuously supporting bitcoin. Long live bitcoin and let's all enjoy its dominance.

It was expected. The other alts (especially Ripple and Ethereum) were looking quite a bit overpriced. Else, how can you justify Ripple having a market cap of $13 billion, despite not even having 1% of the user-base of Bitcoin. Also, ETH shot up too much in 2017 due to the ICOs.

even though bitcoin has gone down but bitcoin is the safest for now, so everyone will try to survive with bitcoin even though we know that some people die bitcoin due to falling bitcoin prices even though the article tells us that bitcoin will return to normal december 2018

I think bitcoin will grab more than 54 percent in future. Bitcoin price is already increase but other coin can’t increase like bitcoin. Now people are more interested to invest on bit coin.

This dominance of Bitcoin is due in large part to a decrease in the price of altcoyin, including the main competitor - Ethereum.

well and great to see newbie is coming on crypto currency. Huge news for this platform btc needs to grow up to go it high position. As I know crypto currency nothing without bitcoin. it fully depends on bitcoin. it does  not matter what's percent of btc.

I think bitcoin will grab more than seventy percent in mid 2019. The project of bitcoin is very lucrative and profitable. Some big investor invest here so it will grab more share.

Yes, of course, Bitcoin is still king of the Cryptocurrency Market. The majority of the capital has to rely on bitcoin in much the same way. Bitcoin has the highest confidence in people.

Even with altcoins going down due to massive dumping of etheruem by ICO's, Bitcoin will still be number 1 due to the fact that it has shown the most growth through the years. But I still believe in the potential of ethereum not as competition for bitcoin but as a platform for creation of promising projects.

I think it is not a surprise. Today BTC is the most popular and famous cryptocurrency of the world. a lot of sponsors and investors but it. Today's market is so weak and only strong currencies can survive

Dominance level is an useless statistics in my opinion because the prices were still falling even after the dominnce level reached more value than start of this year.This maybe happening because people converting their altcoins to bitcoin since the prices of altcoins were falling much than bitcoin.

I think it only gained more market dominance because of the ETF hype, since it failed the altcoins will start to rise in price again.  Bitcoin will still remain the top currency for a few years though.

Reporting to bitcoin, whether positive or negative, has a lot of effects on the development of bitcoin. Not a few people who hear the negative news about bitcoin, but they are increasingly interested in investing in bitcoin so they look for information about bitcoin and eventually they invest. This is what gives a change in the price of bitcoin until now, and now the community of bitcoin users is so much that it contributes well to the development of bitcoin prices.

usually when the market goes up, everything goes, so people tend to invest more in altcoins. But when the market is bleeding, they feel like the bitcoin is there to stay for sure, therefore change their alts for btc. Thus the btc dominace. n

Bitcoin has give huge contribution to the market economy growth that's the reason bitcoin is still strong currency.
People still support for bitcoin because they should know their capability as currency among us
The new technology still fast in progress even bitcoin now are in the low value in the market.

I always believe that bitcoin will be the strongest and the best one among all the currencies and this article proves it perfectly. Along with time in the future the percentage will increase more.

Yet Bitcoin is at the highest position in the cryptoconge market, and hopefully it will change in positive direction in the future.

Yes, recently most sell their altcoins and translate them into bitcoin. I would not be surprised if in the near future the capitalization of bitcoin will increase greatly

Bitcoin is the most potential coin of the cryptocurrency market. It alone holds the dominance of over 54 % of the total market capitalisation. It was the first discovered cryptocurrency and it still ranks first among all other cryptocurrencies.

Yes, Bitcoin is the most valuable coin in cryptomarket. It has a huge potentialities in future. And beside this Bitcoin is the most trusted coin is cryptocurrency.

We all know that BTC is the best currency in the market, till now. So this should not be a surprise for the people in the market to witness.

Bitcoin is still at the top. The father of all Cryptocurrency must be given respect.  Bitcoin will still remain the top of all in the market no matter the bearish market we are facing. But the advice always is to take advantage of this opportunity and not to miss the massive gain later.

And why should not the bitcoin be the strongest of all, IT is one of the oldest coin the father of all the cryptocurrencies, owned by everyone that is why it is the strongest and getting more value day by day.

That's cool.Btc has 53.2 dominance now.We know that bitcoin is the leader of crypto currency.I think no altcoins can't reach the place of bitcoin.I think if bitcoin more popular world wide then it's increase to 60%

If only there was no fuss about teh ETF, then the market dominance percentage would have been much bigger than this.

Don't forget that in the beginning bitcoin was absolute leader with 100 % of the crypto market (only crypto at that time).
In less than 10 years bitcoin lost almost half of the market.
What can we expect in next 10, 20, 50 years?

Increase in percentage of bitcoin during periods when the market is bad is quite normal..People are switching to Bitcoin during this period because they see it more secure.

I think a strong bitcoins are needed to make a new bull run, we see a lot of new coins without use or community, as soon as ICO are over, the ICO are gone also, starting a new project.
People need to move away from those projects and choose good coins, that why I think we need a strong bitcoins again, and I will not be surprised to see a bitcoins dominance above 60% already next month

Thanks for the article you gave. It is true that bitcoin is still the most powerful in terms of its market cap. Many say it is just because bitcoin was the first cryptocurrency ever presented in the whole world. Others, however, say that bitcoin possesses some great qualities which helps it to adapt through time.

Do you think Bitcoin dominance will keep growing or it will soon get back to its long term descending trend? That is the crucial question.

This was very much expected. The alts were looking more and more over-priced, despite having very little acceptability. There can be no better example other than Ripple. It had a peak market cap of 40 billion USD, despite having less than 1 million users.

this is very good news but for me personally I'm not very happy because the rest of the tokens don't grow in price! because of the fall in the growth of bitcoin, many people pour their money into bitcoin specifically because of autumn, bitcoin

I believe bitcoin's charisma for crypto is indeed extraordinary, this can be seen from the rise and fall of bitcoin will affect most crypto

This is a normal development that Bitcoin is getting stronger in the sustainable bear market. Alts has decreased and people are moving their assets to Bitcoin. But most don't want to leave Crypto, so bitcoin is a safe place for now. Just don't be fooled by this situation because the crypto market is very fast changing depending on crypto's own market demand.

The current statistics can be seen here:

https://coinmarketcap.com/charts/#dominance-percentage

Dominance is sitting at a nice 53.7% right now, still very low, anything but lower than 70% is ridiculous. 80% is the normal if we consider Pareto law's distribution and we are still far from it which points to many shitcoins to continue going very low in the following months as BTC rises.

With BCash about to blow up downwards due the civil wars I expect a lot of people selling their BCH bags and going back to Bitcoin, including Jihan.

Yes, bitcoin dominance staying above 50% in the market. I think it is because the listing ETF.
Many peoples sold their altcoins and buying bitcoin, this explain why the altcoin price dropping but bitcoin price not dropping.
No wonder that bitcoin became dominant, because it is the first cryptocurrency.

Bitcoin dominance has increased recently due to investors confidence in altcoins going down a lot. For bitcoin holders this is great news but equally bad news for alt holders. These are difficult times and one should invest only in those coins which has good potential.

That's why I'm prefer invest on bitcoin rather than other coin.
Keep consistent and trusting on bitcoin will earn you unexpected profit , just like I did 4 years ago.
Although more coin are getting compete with bitcoin but they still need some time and effort to do it !

It will acquire more of the market in the coming time period.The users of bitcoin are increasing day by day even after the fall in price because people have faith in it as it has made many people rich.Bitcoin  dominance had also increased in the market over the years.It is the topmost cryptocurrency and is the most expensive and valuable one.In 2017 it has almost touched $20,000 and had created a record and people are also expecting the same this year as it has the potential to create new records.

Yes it's the strongest, has the highest dominance and biggest market cap. No one can displace it. It will be there for long. Its the king. Even though it has reduced much ,its still king.

Bitcoin dominance is approximately 54% now but it's market value is down. Many predict that bitcoin will dead soon for it's down market but this dominance prove that BTC will not die.

I used to buy bitcoin and for this need to bee sell some altcoin because I feel that BTC will be increase again and I hope this because of it's dominance which is more than 50%.

Note that bitcoin price has decreased. The dominance has increased to to altcoins fall.
I would like to ask the OP. Which one do you prefer?

1. Bitcoin price is 19000 dollar and the dominance is 38%
2. Bitcoin price is 6500 dollar and the dominance is 54%.

the bitcoin dominance has again increased, it once fell to about 38 percentage as a result of the increase in price of other altcoins but then the dip in the market has left other coins dropping in price and again giving the bitcoin the high increase in the dominance it currently enjoys

Bitcoin of cos control the crypto currency market because it is one of the strongest available and by such standard, a lot of people surely suscribes to it and it will be impossible to see a crypto currency market not making reference to bitcoin. Bitcoin is as strong as ever and the value will surely exceed the present value

bitcoin still dominates and will continue to dominate the market as it has so more prospect and so much to offer. Though price of bitcoin is down now, its only for a while. bitcoin is still the number one cryptocurrency and will remain so

Bitcoin is better than any other currency. Right now the condition the price is falling for a long time but hope it will overcome and it has achieve more success .

Well for me there is no really a debate or arguing to know which is the strongest cryptocurrency or coin in the cryptocurrency market or digital market. Bitcoin is still the king. Not because it is the first launched coin. It is just because we all know how valuable bitcoin is. It is still the most valuable cryptocurrency. Being the king means you are the most valuable. Also, when it comes to popularity, bitcoin is still the most popular cryptocurrency available because it is still has the most number of supplies and the number of users or those who have bitcoin.

With 54% CMC dominance! Wow, no wonder altcoins are mostly in the red region. No doubt bitcoin is unstoppable and remainstbe only reliable cryptocurrency to trade with anytime of the day. This is wonderful.

Since the price of Altcoin has dropped, of course Bitcoin is increasingly dominating the market. Today on August 26, 2018, Bitcoin also still dominates by 53.7%. While Altcoin is only 46.3%.

Bitcoin is the dominant currency only in terms of its price. For example in the field perspektivnoi growth, we can clearly see that other cryptocurrencies have a much higher rate than bitcoin.

That is why bitcoin is dominant over the market and you can see that anytime bitcoin goes down almost every coins also goes down. Bitcoin indeed rules the market of cryptocurrency.

Fear of people in bear phase also force them to take safe and  strong shelter.  Whenever there is bull phase the leaders will mover up with higher percentage.  During bear phase when prices go down then price of bitcoin or strong investment will go down will lesser speed as compared to other alt coins.
People start selling alt coins or they find no buyers while down markets.   After selling alt coins during bear phase they invest in bitcoin.

so the leaders will always remain strong till the time some stronger competitor comes  in the scene.

Bitcoin is the best all time. Bitcoin price and demand is all time high. So many people are saying negative about bitcoin. It is not right. This article prove this. Bitcoin manage crypto market. If bitcoin price increase other coin price increase.

In my opinion this is not ideal, it will make crypto's future difficult, when the dominance of bitcoin gets stronger, it will make many coins die, this is what makes the exchange of bitcoin vs. altcoins unattractive so that bitcoin will exchange with fiat.

It should dominate the market and it should be more than 50% because we know that most of the altcoins just existed to squeeze more money from uneducated investors waiting for their profits that will never happen. Bitcoins should be 80% when a stricter regulation is implemented in the future.

I would not go that far but see your point, the majority of alts are either weak projects, just have products on paper or are scams that only indend to grab money. But among them you have also pearls that can disrupt entire businesses if not markets.

We have many currencies available in the market like bitcoin, bitcoin cash, litcoin, etherum and many other and moreover I don’t know the names of many even but inspite of all these, bitcoin is considered to be the king of all the crypto and thus is not for saying only, the growth graph and the number of investors bitcoin having are far more than any other crypto investment so bitcoin is considered to be the superior of all the crypto and as according to the title of the post bitcoin conquer more than 50% of the the crypto market.

Bitcoin will dominate the market for many years. I am absolutely sure that BTC is the cryptocurrency that does not have any rivals for now. Probably, these cryptos can appear in the nearest time - 5-7 years.

Well it can be prove even without calculating the bitcoin marketcap volume in the market. We can just use the website for these like coinmarketcap.com where we can compare the bitcoin marketcap that is relatively huge followed by ether. It is the best crypto and it has no competition so there could be no reason why bitcoin dominated the marketcap in the crypto market.

BTC is the king of cryptocurrencies, and many new investors only know BTC!
At the current bear market stage ETH and other cryptocurrencies are down, investing in BTC is a wise choice!

Bitcoin always has the largest capitalization, despite the fact that it is technically obsolete. Most investors choose it and in the long run it always grows.

Bitcoin is the king of all cryptocurrencies, which is why it should dominate the cryptocurrency market. I read a lot of information on the Internet and different sources say that bitcoin has a great future, so no need to cry and whrite the posts that the market has sagged, you need to believe and be patient.

You've made a good point here. Experts believed that the decreased in portion of the market cap last December from about 60% to just almost 35% was due to the emergence of altcoins as better investment. But, these year is not the year of ICO's, they suddenly shifting back to bitcoins. Useless altcoins are now dying together with the poor functionality of the technology embedded to these altcoins.

Bitcoin still dominates and is still number one and has power. Currently the market is starting to improve, there is no need to worry. Gradually bitcoin has valuable value. This bitcoin process is enough for all of us.

bitcoin was and will be the most dominant currency on the market therefore there is nothing surprising in its so strong leadership

I know that every year or Q4 always be a good moment for bitcoin and the world of crypto trading.

today the USD continues to rise, and also bitcoin rises slowly.

but, I am not sure that bitcoin at the end of this year will more than the value at the end of 2017.

I see that this year's dropping chart is more dominating, and when compared to 2017, bitcoin is more stable and rise.

Wholly support the author. Bitcoin came not only the first in the world of digital economy, but always. Why not skazhish about the rest of the coins.

I think Since the creation of cryptoworld, bitcoin dominated market capitalization. This only means that bitcoin will not die, contrary to the doubts of many people. Bitcoin haters cannot ignore their use cases, and they cannot frustrate requests for it. Its value will rise and rise inevitably no matter what. So the game now is you ride with bitcoin or be left by the boat.
Because bitcoin only proves its strong grip on its throne. It's still the king of all crypto currencies.

bitcoin is the mother of all cryptocurrency so of course the market share will also be high and we know that day by day the number of people who want to buy bitcoin are increases and we know that 21 million bitcoin will be mined in 100 years and 17 million is been mined so the quantity of bitcoin is not many increases and people interest increases day by day which results in increase in demand so off course the market share of bitcoin is more than any other cryptocurrency.

If we talk about newbie who wanna enter in crypto market than they first think about bitcoin because bitcoin is most popular cryptocurrency. now in this bearish trend All other altcoins in their all time down price and bitcoin is stable between $6k to $7k price. in my opinion bitcoin investment is best if we planing for long term investment, bitcoin will be exist for long term in market rather than other coins & soon we will see new bullish trend in bitcoin market like previous year so finally we can say investors first priority is bitcoin for investment.

And it will stay that way if not increase in the next years.

Bitcoin is the first and original Cryptocurrency and is the one who got the consumer's preference first, for that reason it's kind of obvious which one will be the most valuable coin over time for long.

Ethereum is growing at almost the same rate but that preference is something hard to beat. Ask Pepsi about it.

So what? Bitcoin is the first and the main cryptocurrency for now. Obviously that it will dominate. Maybe someday it will change, maybe it's not, because Bitcoin is evolving.

its not a news for good investors to know that bitcoin will definitely gain steady growth and the recent article on cryptocurrency has shown that Bitcoin is currently dominating the cryptocurrency market as the top-ranked cryptocurrency looks to achieve 50% market share. this is great.

This dominance of bitcoin in the market, it's rather bad than good. This indicates a lack of confidence in the market, so most sell alts and buy bitcoins.

Honestly speaking,It is the best crypto and it has no competition so there could be no reason why bitcoin dominated the marketcap in the crypto market.

And it is very likely that this is not the end, it's likely that this is just the beginning, there are so many altcoins out there that are completely useless and that are taking money out of bitcoin that when those coins disappear the bitcoin dominance is going to go up even further, I will not be surprised if the bitcoin dominance reaches 65% or even 70%.

With that in mind then this means that for the time being bitcoin is going to be the best investment in this market for a long time, it is not going to be until the new bull market comes when altcoins will begin to dominate the market again but I really think that is going to take a few years before that happens so it is better to hold your bitcoin and then exchange it for altcoins when that happens.

This is a sign that bitcoin won't die, contrary to the opinion of many. Bitcoin's haters simply can't discount its use case, and they can't thwart the demand for it. Its value will rise.

Yea Right? Bitcoin is like the mother of the cryptocurrency market, it's impossible to do without it. people should understand this.

This is the thing that helps me to keep calm and simply believe in the BItcoin. Because if it will about to die or perish soon, it will not keep the dominant anymore.

Well, this is quite a powerful indicator at the moment, so this coin shows its potential in the crypto-currency market, and does not yet give to its consumers, because when buying it also has a risk.

yes current Bitcoin   dominance: 53.1% .
That is very great in my opinion becourse i am a only Bitcoin lover ;)
most altcoins are totally central and there is still no need for an other coin.
Becourse bitcoin will always get updated as it was with the lightning network!



kind regards

Because until now bitcoin has been regarded as a currency that's quite popular to be used as a medium of exchange in the real world even though its real function's as a digital currency. However, the increasing popularity of bitcoin a lot of criticism from the government which began to emerge regarding the use of this virtual currency. Some even say that there will be danger which arises because of bitcoin. This thing happens because bitcoin is considered to have no intrinsic value no authority regulates it and can be misused to make illegal transactions.

someday there will come a day when some other will shift the bitcoin from the first place and it is very interesting at that moment to observe the market

Indeed, the dominance of bitcoin is still on above 50% in the market.
I guess it is no wonder that bitcoin price is not going down in this bear market for past weeks.
Maybe because the bitcoin ETF ? Lets see what will happening if btc ETF has been approved.

By the end of 2017, its market share was more than 70%. Currently it only fluctuates at 60% and this is really a downward spiral. But I believe that Bitcoin is still very valuable at this point. It is only underestimated and affected by the surrounding economy.

so we don't have to be afraid for the negative news that saying bitcoin will fall too deep as bitcoin still leading the cryptocurrency market. and if in the last year, bitcoin price can increase for $19k then at this end of the year, I think the price can get up again and maybe the price can reach that number again or less than $19k and in the next year, the price can reach more than $19k. and if there is any positive news for bitcoin, it will push the price to the higher price but I don't think that the price will go down too deep if there is any negative news release.

Still the basis currency inside this market, and popularity also raising more those negative news are holding for a while but indeed bitcoin still
dominating and making its bounce back, just be optimistic in anyhow and enjoy the rest coming out from this investment currency.

19k by the end of the year sounds reasonable to me. Right now we are deep at the bottom but if you look at historical data and connect the dots this is a very realistic scenario. In Q4 we should see another bullrun, I think it will not be as strong as last years Q4 but I am sure we see a strong recovery by then.

Indeed bitcoin is still strong than any other coin. Even by the end of September, we should be expecting something goods. The $19,000 can be exceeded if the target is achieved.

But it is impossible to convince some people of this because they have an interest in believing otherwise, many of the people that want bitcoin to be taken out of the top spot in the market cap have that opinion not because they believe the coin they support is in fact better than bitcoin, the reason they want their favorite coin to take the spot of bitcoin is because they want to earn money, greed has taken over their minds and they are only thinking about the possible profits they can get.

So even if you present to them the evidence that while we are in the bear market bitcoin does nothing more but to strengthen itself and that altcoins get weaker they will try to find a way to rationalize that as a negative point for bitcoin.

yep , still become the strongest cryptocurrency , with huge of demand and support . just wait till the time that bitcoin price will rise again , HODL

Yes, during the recent market crash most of the people has pulled out their money from altcoins and invested in either bitcoin or tusd. Bitcoin has been stable over 6k but the same cannot be told for altcoins which have taken hit pretty badly.

True, contrary to black propagandist movement claim that it would die it will instead becomes stronget every year.

Taking up more than 50% of the electronics market is also a non-trivial figure. In the future, I think bitcoin will continue to grow and it is expected that by 2020 the bitcoin will account for 75% to 80% of the electricity market. To achieve that with the bitcoin benefits we need to support bitcoin and trust it.

Well, I believe that 65% correction in the market really helped Bitcoin not only to stabilize but also to grow in the long run. It is true that we might not see the symptoms of growth at this stage but, institutional investors and big whales are confident about the upcoming price rally in short as well as the super long term. However, I am waiting for the day when we will have the mass maturity on a large scale so that big whales won't be able to manipulate the market in the way they want.

This has just proved that bitcoin is still the primary investment option for people investing in crypto market. This also shows investors confidence on altcoins is on a shaky ground.

Maybe. Actually, I don't know correctly about the percentage. But I can say, The bitcoin was the largest than any coin. I think we don't need to any proofs to prove that thing because all the crypto workers know about the Bitcoin. I will give you a little example for proving that thing. The bitcoin is the most popular and most famous promising investment method in the crypto. In addition, Bitcoin is the highest value coin in the crypto world.

Yes and this will increase in the coming future if we see the current situation.The demand of bitcoin has been rising even after the fall in price.Bitcoin is the most popular and father of all the cryptocurrencies since the last nine years.More and more people are enrolling themselves in bitcoin by seeing the profit margin it gives.Bitcoin is a money making machine and we should use it to earn money.Bitcoin is the best option for investment purposes now a days.

There is not a single cryptocurrency in the world that could bypass bitcoin. And I think that it will not be, as bitcoin is now the most powerful cryptocurrency in the world, and altcoins are in the background.

I think no one is surprised that bitcoin is so dominant, when it is well known that the capital that is flowing to this market is purely speculative, and at these times so bearish it is obvious that they tend to take refuge in the best-known cryptocurrency of all, and that has tended to become a store of value and even a safe haven in times of uncertainty.

And while this seems quite beneficial for bitcoin, it does not seem so good for the market in general, which is quite vulnerable to the enormous dominance of bitcoin, which ends up eclipsing all other cryptos regardless of the good projects and innovative ideas to support them.

Those people who do not believe in bitcoin are just plain cowards. But, honestly speaking, bitcoin is the strongest crypto because it is the first one ever developed. Bitcoin is not perfect but all people are searching for perfection. Nonetheless, thanks for the further spreading of positivity in this forum.

In the current market situation, it is not surprising that money flows into bitcoin. We already saw such a domination in November 2017, when bitcoin was growing, and other currencies were rapidly becoming cheaper.

I still believe bitcoin is still strong to compete in the world of financial technology, even to be the best at this time. those who see bitcoin will fall, disappear, and die. because it doesn't understand correctly about bitcoin white paper. they come on bitcoin in hopes of big and fast profits. so left very disappointed. and those who survive will continue to smile, because they understand the nature of bitcoin today and understand the meaning of bitcoin basically.

BTC dominance is always more than half of the entire crypto market cap as alts used to claim less than half. This may be the to few reasons such as BTC is the first ever crypto, standard of exchange etc.

I accept that bitcoin is more than 50% of the market and if we look at the bitcoin usage it is more than any other coin in the market and i think that crypto is recovering but it requires the people interest and if we use it for transaction it is circulating then the market will confident about it.

This may be possible but so many peoples are transfer their asset to bitcoin.One day bitcoin will be the main business in crypto market.Bitcoin takes all people in the high level in future.

The prices were still falling even after the dominnce level reached more value than start of this year. This maybe happening because people converting their altcoins to bitcoin since the prices of altcoins were falling much than bitcoin.

And this is completely understandable if you stop for a moment and think about what is happening, when a market crashes people try to find some kind a refuge to take shelter and avoid the worst part of the crash and in this market there are only two ways to do that, you either get out of the market and get fiat and wait until the market begins to recover or you sell your altcoins and instead invest in bitcoin because you know that altcoins have a very strong tendency to go down way faster than bitcoin.

And as you see that is precisely what is happening, people are selling their altcoins and that is making the price of those altcoins to go down very rapidly and instead bitcoin remains more or less stable for the time being.

of course, even though we see lower substantive patterns, but bitcoin always dominates every volatility cycle and cryptograph.

but some people predict that to avoid virtual currency bubbles, so they choose to create a defending market and reduce the crypto activities, like in china.

Just wait until bitcoin prices rise again, HODL. Bitcoin has been stable on 6k but can not tell for the same altcoins that have been hit pretty badly. In the future, I think bitcoin will continue to grow and it is expected that by 2020 the bitcoin will account for 75% to 80% of the electricity market.

Bitcoin has always been the most powerful player in the cryptocurrency market. This has been due to a number of reasons, one of them being the popularity of bitcoins. Bitcoin spread like fire and its popularity is much more than other currencies. Investors have always possessed confidence on bitcoins no matter how shaky the market has been.

Bitcoin is the most number one currency for getting more profit,investor trading always like this Bitcoin because their have good knowledge and confidence about bitcoin.it is the real coin and help us make good profit.i think now Bitcoin has 70% plus cryptocurrency market.

I think that this trend will continue. Bitcoin is the best cryptocurrency coin, it has always been and will continue to be so. It is unlikely that the technology will be created better than this. Therefore, in my investment, I focus on bitcoin as the most promising coin.

Bitcoin is the best coin so far it well know and use by most people... Investors love to invest in bitcoin than any other crypto because they believe and trust bitcoin more than any other Altcoin.

I agree. Also, it would not be surprising for Bitcoin to posses such characteristic since it's the pioneer coin, which almost singlehandedly introduced the market to the world, as well as, the coin that has the highest value and marketability compared to the other coins in the market. In the past decade, since the existence of cryptocurrencies, Bitcoin has held that throne and the crown, without any coin coming close to it, therefore, having the power to hold that much percentage of the market would surely be something Bitcoin can do.

well yeah, since the main "bitcoin" is the bitcoin. so people would norlammy trust the first and most known type of cryptocurrency

Bitcoin dominant increasing after drop to 38% but the different is bitcoin price not too rising. Its happen because market cap value decreasing. It give effect to altcoin and i think many altcoin price will drop significant

Yes this is a good sign.Bitcoin is the father of all the cryptocurrencies and you can also see this from the figures.Bitcoin is the most expensive and valuable cryptocurrency in the market and it has the highest number of users among all the cryptocurrencies and altcoins.Bitcoin is the money making machine and so everyone is taking advantage of it.It has made many people rich its demand is also increasing all over the world due to this reason only.

Those saying bitcoin is falling are not saying it out of sentiments because some bought bitcoin at a price of $20000 per coin so when it is $6000 now, they've got to say that but they should also remember that it was lower than $4000 a year today so it isn't too bad for bitcoin, it shall be well soon...

because the king of all crypto is bitcoin, and dominates the market long ago, and I'm sure bitcoin will continue to triumph even if too many new coins emerge

Yeah bitcoin is too much dominant and i see any other crypto currency rising in fromt of the bitcoin.. bitcoin will remain dominant.

Well of course it is the strongest, we don't even need researches to know that. Looking at coinmarketcap who would say that BTC is dying or becoming weaker?

Only an ignorant individual would expect less than that from bitcoin, the father of all cryptocurrencies. No cryptocurrency comes closer in terms of community, adoption and market share and it is going to maintain this position for a very long time to come.

Bitcoin having 54% percent dominance on the cryptocurrency floor still shows how much relevance it has to the blockchain technology as it is the first coin to drive the blockchain technology. it also has other cryptocurrency trading in its pair and thats enough to give it the value of dominance it currently enjoys

I don't see any problem of it, normally bitcoin will be dominant in cryptocurrency because it is the first crypto in the world.
Bitcoin has been used by peoples since 2009, so bitcoin will be the most used coin in cryptocurrency.
Not mention that there will be bitcoin ETF, though the decision is delayed to Dec 2018, but more peoples will use bitcoin of course.

even the market is going down, i still think that bitcoin will never lose its position and always dominate the market

Bitcoin has been and remains the main asset of the cryptocurrency world. In my opinion, Bitcoin will retain its popularity and volume for a long time.

Bitcoin is "King of Crypto" which is the beginning of digital money, where the increase in prices is very fast, users increase, and many countries accept bitcoin as a means of payment or investment. So it's not unusual for bitcoin to control more than 50% of the crypto market, even one day it can reach 80% of the crypto market.

bitcoin is now starting to decline Bitcoin demand is starting to decrease because more and more bad news is making the price of bitcoin fall because there are so many traders who panic that bitcoin prices will not be able to be like in December because there is no high demand anymore.

It is because of the btc only people who had heard about crypto currency is the main and knowing the facts about its price caused all the news media last year to keep a tab on it and it spread like a wild fire among the people in the world that in a year the price soars x% and people have made so much who had stayed invested etc. This is the main reason due to which people got attracted to btc.

Its not exact value
I think 15-20 percent of mined coins was lost when btc start their way

I don't know maybe this is the latest one
But I know if it's,  then this shows bitcoin dominance in thr crypto market and does really speak well of our dear bitcoin.

Bitcoin is a benchmark for the entire market. This is a reference coin and it is most trusted. But I do not rule out that in the future the dominance of bitcoin may decrease

Bitcoin is very important to investors and it has a big price for all crypto coins that you can see in the market and this is the only one have a huge price and volume.

bitcoin is still more expensive than at the beginning of 2017, so I believe that bitcoin still has a chance of growth

bitcoin is still a good way to invest, because it is an innovation that has not yet been realized

This is a number that does not surprise me. Because the whole market goes down and makes a lot of other small altcoins die. I still believe that Bitcoin is of great value but it takes time to recover. Hopefully we will give it the trust and the capital so that it can recover soon.

Bitcoin always seems to gain more dominance when a bear market happens.  I'm sure the altcoins will gain more dominance once the next bull run happens.  New investors will mostly go after the lowercap coins to get a higher return, bitcoin is a solid but boring investment because it can't do another 10x like before.

Today is the number %52.3. The bitcoin has the unarguable dominance in the cryptocurrency market since the day one. Actually everyhing started with the Bitcoin and everything is going on with it. Think about if the bitcoin price drops to $10?? I think all the market dies. The bitcoin the most powerfull coins and it would effect everything in crypto World..

in my opinion it is not new anymore when we know that BTC is the market leader in cryptocurrency, because in addition to BTC is a pioneer of cryptocurrency or it could also be said to be the first coin in Crypto, from that point on itself it is superior, and moreover it has a price which is very, very far compared to other coin coins, coins that are popular also like ethereum still have prices that are far below the price of BTC, so in my opinion that is the reason why BTC is still the market leader to date

There was a time, say a decade ago when bitcoin was completely unknown to the people and due to this indigestible fact that bitcoin could provide such a huge profit in very short span of time, people started calling it a Ponzi scheme or a bubble that would burst soon and then after than bitcoin has made such a tremendous progress that now it is on the top of crypto world and now there are millions of people around the world who are investing into bitcoin and bitcoin owns 54% of the total crypto market which is more than half of the total crypto market.

Yes, I agree with your opinion on this topic. Bitcoin is still best to make an investment. Because it has more potential to grow more in the coming years.

of course it can grow, but what do you say if you are billed for taxes for the use of crypto investments, which will exceed your income.

this thread is still have a sense. Did u check Bitcoin domination of today guys. Its right 54% :D. Looks like alts are suffering...

This shows that the coin is really valuable and has a lot of weight in the cryptocurrency market. This indicator indicates that there is a lot of bitcoin that depends on the cryptocurrency market, if a rise occurs, then in general the market will also pick up.

So it will be for a long time, because none of the alts does not have the same technologies and capabilities that bitcoin has and therefore it is very easy for bitcoin to control the cryptocurrency market. Even beginners understand that it is better to invest in bitcoins than in alts, so there is such a demand for bitcoin.

Especially if you look from the point of view of conspiracy (world elites), which the main media and controlled - I do not see a problem in preventing attention. After all, this can affect the coins.

Bitcoin had been the first cryptocurrency and it is not unbelievable to see that bitcoin will have the highest number of users. Besides being very much useful bitcoin had always been a trusted cryptocurrency for several years and has endured the test time through the ups and down of the market. And I think that it will continue to exist despite of several FUDs thrown to it.

Look at the chart in the long run, BTC is still strong. I think BTC is always the most valuable coin in the crypto market.

Bitcoin is still the best coin in the crypto world. It is always better than any other kind of coin on the market. I think investing in BTC is the best option for me.

Ofc because people using bitcoin as a wallet for them, not just for trading thing.
They save bitcoin as their wallet and trade for alts

It is the strongest coin of this market from day one of its launches and it proves by the market capitalization of bitcoin. It has more than half of the total market value of the total crypto market.

I often wonder when some people say that some coins will overtake bitcoin or that bitcoin will die. Do they know market share, the community size and level of adoption. No other coin can boast of achieving this. If you think that bitcoin is dead, do have a rethink.

and that is what is baffling a lot of critics. The more bearish the ALTs get the higher tje BTC dominance and when conditions improve, they all get good together.

Bitcoin has always been the market leader and will continue to do so. Basically all fiat to crypto exchanges have bitcoin as a major and notable cryptocurrency to purchase with fiat before other cryptocurrencies or altcoins. In many other ways bitcoin is at the forefront. Bitcoin will continue to lead the crytocurrency industry for a long time.

Bitcoin is like the hegemon in the Cryptocurrency world, and it accounts for half of the working capital of the market. Unlike other Altcoins, Bitcoin has a large amount of working capital in the flow of the market. Closer to more, Bitcoin is figuring out who it is.

Yes it is and Bitcoin is the mother of all cryptocurrency and maybe we should consider that half of cryptocurrency marketcap is from bitcoin gains and no longer suprise that bitcoin actually the price control of altcoins if bitcoin rise all altscoin will rise and if bitcoin fall all altscoin are down.

Bitcoin truly dominates the cryptocurrency market but sometimes i get quite surprised when people start to doubt its potential as soon as it drops. Let's not forget that bitcoin is a cryptocurrency and subjected to volatility and therefore it can reduce at certain point in time.

bitcoin will always dominate the crypto market. even there are a lot of altcoin nowadays, it still can not a threat to bitcoin's existance

I don't see why bitcoin shouldn't keep having the majority of the shares, it's the best coin out there, it's been the first and there is nothing similar or better, just many bad imitations.

Bitcoin has since then been among the best crypto coins in the world despite any tests that have passed and have it, as well as bitcoin. for me sometimes things will change to the future, no matter what happens in terms of bitcoin being above it. and after all the bitcoin has the strongest foundation and best digital currency in the country.

with 54% of total cryptocurrency, it's no wonder that bitcoin affects other coins. and i think it will be difficult for other coins to shift btc. therefore bitcoin is the safest coin to invest

Bitcoin is taking over most of the deal, because most altcoin use bitcoin to price, ETH will also be the future like Bitcoin! Market is down, need a big hit!

From having millions of haters to millions of investors, bitcoin has gone through a lot and this this one decade of journey bitcoin has gone through many ups and downs and has faced many obstacles and criticisms and after all that now bitcoin is on the top of crypto ranking and now the success of bitcoin has considered as a landmark for other crypto currencies so in this one decade bitcoin has made a tremendous progress and now occupies 54% of the total crypto market.

   Wait for crypto to dump.. its not irrational.. if stokcs will dump then crypto will too.. there is no rocket science that if stock will fall then crypto will rise..  get readey for global recession and crypto will be first to go down as seen it yesterday..  :-\

Soon this percentage will change. AML BitCoin soon will become the next bitcoin as this is the only compliant coin with AML and KYC.

In several months, bitcoin dominance in market always increasing because peoples afraid holding altcoin. Most investor prefer hold bitcoin but with many negative news, the price drops and its happen to most coin in market.
I am believe dominance bitcoin more than 50% not healthy for market because it makes others coin can not grow with their project

Bitcoin has got the largest market cap and the more reason for its ability to hold the number one position and also withstand all sort of bear market conditions. Bitcoin holds more than half of all crypto investors and this grants Bitcoin a great influence on the entire crypto market.

That's a pretty impressive number. Not really surprised, though, because bitcoins have dominated the market since its conception. I don't think for now that there will be another token or coin that could replace bitcoins anytime just because of the mere fact that it dominates the market.

it is true that the price of bitcoin for 2018 is down almost 70% from 2017, but surely there will be another increase, whether at the end of the year or in 2019, we remain optimistic and think positively to help advance bitcoin...

Yes, certainly against the background of the fall of the crypto-currency market, bitcoin has maintained its position, the more we can say strengthened. I think the indicator speaks for itself, and this is for people who think that bitcoin will soon burst.

indeed for now the price of bitcoin has decreased in price compared to 2017, in my opinion in 2017 is the golden year of bitcoin. bitcoin will remain the most widely used cryptocurrency and will remain a leader

It proves the value of Bitcoin to this market as it holds more than half of the total value of this market. It always holds the top position as its leadership is unchallenged till now and also in future.

Bitcoin is continuing development in crypto world thats why many people keep continue to patronize because it has a potential to grow a small community and they have a purpose to the country. It helps many people in thier financials, jobs and transactions.

I know this so that's why the market always depends on bitcoin. No matter how bitcoin is the king in this market

bitcoin is the king of cryptocurrencies and i think bitcoin is the real and the first cryptocurrencies, so bitcoin right now is the king and have 54% population in the cryptocurrencies market, i think if there are new coin that will beat bitcoin they should beat the popularity of bitcoin

Its dominance is 53.9% at this moment. :)
https://i.imgur.com/lBiuYB0.jpg
This shows that there are a lot of people trading Bitcoin worldwide and a really awesome performance. ;D
Those new altcoins that pairs along with Bitcoin on the exchanges also help Bitcoin reach this awesome percentage of market dominance and it really shows that Bitcoin is the real standard for a crypto currency.
I think this statistics will start to change when the bear market starts to wake up. 8)

bitcoin can reduce its dominance process, but nevertheless this will not mean that it will cease to believe in a smaller amount, just with the increase in the mass of the entire crypto market, bitcoin will grow slightly in a smaller volume in monetary terms.

It will increase back when the all big scam projects will be dead, then everyone will start back to invest in bitcoins and its dominance will go back above 80%.

It is possible for bitcoin because still bitcoin is the most powerful coin in the crypto market. People are knowing all the crypto currency by entering bitcoin first. Bitcoin has enough demand and potential. So it is easy to possible for bitcoin.

That's how dominant bitcoin is and over the past couple of years bitcoin deliberately holds the cryptomarket by its huge market capitalization. While the usage of bitcoin is widely spread now, it will surely grow in the coming years too.

This particular implies that the actual gold coin is actually useful and it has lots of pounds within the cryptocurrency marketplace. This particular sign signifies that there's lots of bitcoin which depends upon the actual cryptocurrency marketplace, if your increase happens, after that generally the marketplace will even get.

It is worth investing in bitcoin for those people who believe in its technology. Price is constantly fluctuating and it may seem that bitcoin is dying or losing relevance. But it's not. And bitcoin is still the leader of the cryptocurrency market.

Despite the huge number of existing altcoins, the price of which is developing faster than bitcoin, it still remains the leader and king of the market. And in the long term, bitcoin will be able to achieve the highest success.

I think that his dominance will only grow over time. This is the most promising cryptocurrency, which is created today in the market, and so will remain for a very long time, and maybe always. There is no reason to doubt bitcoin. His leadership is well-deserved.

In bitcoin I invest everything that is possible. I consider my investments in bitcoin as absolutely reliable in the long term-5-10 years. My unbiased analysis showed me that.

Bitcoin is the pioneer of the birth of cryptocurrency, therefore, bitcoin has the most number of communities. In addition, after experiencing improvements in the network, more and more people or institutions will adopt bitcoin as a means of payment

Bitcoin investment is very profitable, this can be proven from year to year bitcoin charts are always increasing. Bitcoin clearly controls the cryptocurrency market, for several reasons. Bitcoin is the first crypto money, is more popular in the world, the price is the most expensive, and has proven to be able to overcome the existing problems by being trusted by its users.

Bitcoin was, is and will be the main dominant cryptocurrency in the market. this is the king of the cryptocurrency market and I am sure that no one will ever be able to overthrow him from the first place

indeed, the bitcoin market cap beats almost 50% more than all crypto in the market. that's why bitcoin has a strong influence on crypto prices in the market, whether it's down or up.

In the long run, when publicly traded investment vehicles introduced by regulated financial institutions and liquidity of Bitcoin are significantly improved, it becomes difficult to manipulate the price trend. of the electronic money market.
However, in times of instability, volatility and rapid growth, publicly traded investment vehicles can provide sufficient leverage for large investors to reverse the market trend.

unfortunately, new funds begin to work, which offer their unit instead of bitcoin for a measure of measurement, this is more and more taking place. I hope that bitcoin will stand in its market share.

Bitcoin is the first and bitcoin is blockchain technology, almost all over the world there is a bitcoin community that makes bitcoin strong, despite being hit by various negative things, bitcoin can always overcome it, I think that makes bitcoin dominate the crypto market.

Interests on cryto seems down for the whole of 2018, again all predictions failed big time. Probably need to wait till 2019.

it is not easy to drop the price of bitcoin, or people trust in bitcoin, in fact bitcoin still controls the market long ago and 50% more is the total capacity of crypto

right , with large market capitalization. Bitcoin deserves to be the strongest currency, attracting the most investors, and also creating the biggest price fluctuations. bitcoin works well and virtually no virtual currency can compare to it. Bitcoin is leading the market changing day by day.

i think bitcoin deserves to be number 1 strongest currency and with large market cap bitcoin proves its the most trusted and strongest crypto in the world.
bitcoin is leading the market and it will lead all time.

Bitcoin is a “native” up to 7780 and this is frankly bad news. Because this is not a BTC pump, but a USDT dump. The difference between usdt and other stablebinkoin places reaches 20%! I have recommended several times to diversify Tesera, and I hope you listened.
In the case of a scam, a pamp was to follow - overflowing usdt to BTC and others according to insider information. And it has already happened. Then there should be a collapse in Teser’s fiat dollar exchange rate - it has already happened. Next, we are waiting for news about major problems of the project, and this will have a catastrophic effect on the entire cryptocurrency market.
However, there is hope that Bitfinex will not allow this. Withdrawn all funds from this exchange, the share of usdt in the portfolio is about 10%. We are waiting for news.

Yes, not really it goes.

54% of the market in the cue ball, that's a lot. I figured out that about 90% of the entire capitalization of the cryptocurrency market is in the TOP 20. That is, all the other 2000+ coins and tokens, among which there are interesting and promising projects, but most are still shitkoyna - this is in aggregate less than 10% of the market.

 

Of course, I understand that if it were your will, you would have banned everything except the cue by the decree of Trump or Putin;)))) But the crypt-locks are by definition anarchic. A variety of coins and projects, free competition - there's nothing you can do. It remains to hope that scam and nonsense will die away by itself and only the best will remain in the industry.

Bitcoin still takes the lead in the crypto market, despite all odds Bitcoin remains the best coin to invest and to me it shows that it's in charge of the market

Bitcoin is the founder of the whole market and it is logical to assume that he takes a greater percentage of the market and does not concede his leadership as a king !

everyone is sure that bitcoin is the best cryptocurrency available today. and it's better to convert all altcoins and hold bitcoin. let alone holding an ico coin that has the potential to crash. so in my opinion it's best to just hold bitcoin and focus on trading bitcoin.

There is nothing surprising.
Bitcoin is the first cryptocurrency ever and despite the facts that it has rather big fees and slow transactions speed, it will remain #1 for a long time.

Yes bitcoin will still be the number 1 cryptocurrency even a lot of negative news happen to it. Bitcoin can still find its way to the top and bitcoin will be the king of the market.

And I think it's not surprising. Cryptocurrency is developing at a huge pace, everyone can now create their own crypto-coin. But despite this, bitcoin still remains the dominant on market. And I think that this will remain for a very long time, and maybe always.

Even today, when so many cryptocurrencies are created and continue to be created, none of these coins can simply overtake bitcoin. It was created first, holds the position of leader and has remained so for 10 years. And I hope that it will always remain so, which is quite real.

Yeah, bitcoin will still be the number 1 crypto coin and I think no coins can beat it now and for the next more years. Even though so many potential altcoins are created they cannot reach btc price now.

As we can see bitcoin has dominance until this year and even in the future I think it will continue. Bitcoin will not overtake by other crypto throughout these years. And I can sees bitcoin future would be good and gradually growth will happen.

That is to tell that we are still in right track of the market has Bitcoin still have more than 50% of the market cap which shows that market is balance and the bull run will regulation both alts and btc when next it's comes.

btc is dominance of crypto. because btc is good.

Yes, indeed it is true, compared to other coins, Bitcoin does not sag much, and therefore its ratio in the market has slightly increased. It is the main currency and therefore people invest in it and expect explosive growth like in January 2018.

Well yes, bitcoin is have the dominance in the market for long time. It is because bitcoin is the main coin in cryptocurrency.
Peoples using bitcoin more than other altcoins, so the dominance of bitcoin is normal for me.
The volume of bitcoin is because many peoples already trust bitcoin and using it.

Because the users of bitcoin is very massive, no wonder bitcoin has the dominance of cryptocurrency market.
i think with the condition of the cryptocurrency market for now, more peoples will using bitcoin because the value is more stable than other coins.
That's why the dominance of bitcoin continues now.

Since its creation, BTC is leader of the market and it is not an easy task for one of altcoins to take its position. Investors prefer to use bitcoin when compared with other altcoins. The reason for having such a huge percentage of the volume for bitcoin is many peoples' trust.

From last year to 2018 until there are no big difference BTC dominant in cryptocurrency. 54% stable majority of days now it's something down 53.7%
I don't think it's down for reducing btc price.

People know about cryptocurrencies mainly because of Bitcoin and the most easy coin to buy is Bitcoin so obviously new investors get into crypto through Bitcoin. This is accumulation time so Bitcoin's dominance is high, when we see a bull run, we can expect all the alts to go green.

There maybe two reason why the bitcoin dominance level leep increasing that is either the bitcoin is considered by the most powerful crypto currency by the investors so the people were investing on bitcoins more or the other reason maybe the people thinks that the altcoins were not worth to invest.

bitcoin does not have 54% of the market.

the market cap number is meaningless
i can create an altcoin of 1 trillion coins and sell just a single coin for $5. giving the alt a market cap of $5trillion

this does not mean i have majority market because my cap surpasses bitcoin by more than 10x

by this i mean it doesnt mean my explanation make bitcoin any more or less important. it means making claims by using market cap are meaningless

EG
if i stood at a road junction and slapped on pro trump bumper stickers to random cars. does that mean suddenly there are now more trump supporters simply because a poll counts bumper stickers?

I agree with your conclusion. Bitcoin is the most powerful virtual currency in the world of electronic money right now and at this price. At this time there are many different altcoin but the value of altcoin is always fluctuating and development depends on bitcoin. Many investors are focusing their capital to invest in bitcoin instead of investing in altcoin.

When we are in such a bear market, most of us prefer to stay on BTC instead of altcoins. Although some of altcoins have high potential to buy people hesitate.

It has been the strongest and will be the strongest i dont know what one could find so surising there.
but regarding the btc market dominance i red in several articles that 57% should be the magical number when alts should start a bull run. But this is just speculation and i dont know why this is.

The percentage of its dominance has been changing but slightly. Before, this movement was different. I remember (if I am not mistaken) that in 2017 it was about 37%.

Is there going to be Nov 5 SEC ETF approval?

I agree as marketcap statistics are approximate not actual, as it may vary by volume increase or decrease. But still Bitcoin is prime/master coin among crypto market. Increasing dominance of BTC surely kick out dump altcoins, but at the same time if dominance of BTC shows lower numbers, it means that altcoins are creating share in whole coinmarketcap, which indirectly increase value of BTC.

As the pioneer, I think it’s a given that bitcoin will dominate the market. Even if you ask non-investors about crypto, bitcoin is the first thing that comes to mind. I’d like to know though… what is the effect of all these other altcoins in the cryptocurrency market? How do they affect bitcoin?

indeed, bitcoin really dominates the crypto market, more than 50 percent of crypto users have bitcoin assets. this is very reasonable, bitcoin has become a worldwide crypto currency so everyone is very interested in getting it. and bitcoin is a currency that has a very high value compared to other crypto currencies. so it's no wonder if Bitcoin dominates the crypto market.

bitcoin is the center of the cryptocurrency economy certainly won't fall easily. bitcoin controls cryptocurrency trading because the market is currently red. and some of the altcoins have experienced a drastic decline so altcoin holders exchange their coins for bitcoin. because holding bitcoin is safer than altcoin. even though bitcoin is now a dump but they are all sure that bitcoin can pump again. bitcoin is indeed the leader of altcoin the increase and decline will affect the altcoin.

Bitcoin has got the largest market cap and the more reason for its ability to hold the number one position and also withstand all sort of bear market conditions. Bitcoin holds more than half of all crypto investors and this grants Bitcoin a great influence on the entire crypto market. Bitcoin is the only blockchain that is properly build up from the foundation. The base layer is simple, secure, decentralised and hard to change.

I see the majority of cryptocurrency users prefer bitcoin than altcoin. no wonder if market competition is still held by bitcoin in the top position. and I think that bitcoin also affects the rise and fall of all altcoins. I myself feel safer when holding a bitcoin than an altcoin. but I am still trying to find luck from the altcoin by trading daily and still having to hold on to holding bitcoin.

it's true that bitcoin is a coin that greatly influences the growth of the cryptocurency and this is a very extraordinary achievement for bitcoin by holding 54% of the cryptocurency market.

In today's time, Bitcoin has become the most popular currency in the crypto market. Because of which people of the whole world want to join this forum. Due to which the share of Bitcoin in crypto market is increasing day by day.

Bitcoin was the first truly decentralized cryptocurrency in which blockchain and mining appeared (experiments with the creation of cryptocurrencies were before Bitcoin, but they were all centralized and were not truly revolutionary). All the technologies that first appeared in Bitcoin, became a crypto revolution in the field of money, and Bitcoin has acquired the status of a symbol of the crypto revolution, because it was the first. I think that's why Bitcoin is the main among cryptocurrencies and so it has these 54%.

Bitcoin has 54% of the cryptocurrency market is natural. Because Bitcoin can dominate the market and determine the price of all Altcoins. Altcoins increase or decrease in the direction of Bitcoin go up or go down.

bitcoin is still very dominant in the crypto market with a percentage of more than 50% and can hold well at current prices,
it shows if bitcoin is indeed a big possibility that bitcoin will return to the moon, at the end of this year

The cryptocurrency market is directly dependent on bitcoin so a decrease in bitcoin's price causes all other coins to go down. The current dominant power of bitcoin proves that it will continue to lead the market.

Bitcoin is the biggest cryptocurrency, with the largest community and adoption. Despite all the hatred, bitcoin still controls the cryptocurrency market and for this reason, any sound investor will give preference to bitcoin over any other cryptocurrency.

All the cryptocurrency exchange has Bitcoin as their main cryptocurrency to exchange and all ICO are accepting Bitcoin no wonder it is the number coin in the market and as long as this trend continues it will still become the number one and I don't see it changing in the next five years.

A major tie/connection has been given to bitcoin to lead in the cryptocurrency market and also have a major influence on the other tokens. As much as the altcoins have hope with future realistic plans, so also, the bitcoin has its relevance and a stake in the growth of these altcoins too.

Bitcoin can be seen as a core platform of cryptocurrency that account for 54% all of them, so they can have right to decide the situation of market, the price of themcan make a huge impact on the price of altcoin anyway

This is November, and Bitcoin still has 53.9% Dominance in the crypto market! Such a strong currency it is. The crypto market is not being well for many days but still, people are involving in bitcoin first. Many people move away from the Ethereum to Bitcoin! My opinion is, that December 2017 thing is still ruining the crypto market's reputation every month in this year.

I think the dominance of bitcoin is still a strong fact and no one denies it. I really like cryptocurrency and blockchain technology. Bitcoin is the main reason that i have joined this crypto world. So i always support it.

thats a lie, the corrupt cryptoindex mafia is faking that fact to keep bitcoin valuable. that bubble will burst