I've been following Bitcoin's market dominance for a while now. And before the current bullish trend, it used to decrease as the market was growing. I even noticed the correlation between the prices going up and the dominance going down and vice versa. Take a look at this interesting chart: https://coinmarketcap.com/charts/#dominance-percentage. Specifically, at what happened at the end of 2017. Bitcoin's price sky-rocketed, but so did the prices of altcoins. They were kind of fueling each other and thriving. Bitcoin going up coincided with the market of cryptocurrencies expanding, and alts taking up a bigger and bigger part of it. BTC dominance went almost as low as 30% back then. When the prices started going down, Bitcoin's dominance was growing. People were selling their cryptos a lot, but some of them were selling altcoins for Bitcoin, so it actually lost less than others. When the prices started to go up in April, I thought that 2017 would repeat itself with Bitcoin giving more space for other coins as the market recovers. Instead, what we see is Bitcoin recovering at the expense of altcoins with market dominance now being above 60%. What do you think about this phenomenon? Is the time of altcoins over, or is it just temporary? I think its temporary because all market attention on bitcoin right now, if bitcoin dominance not more than 56 percent and marketcap still high i believe its will turn to altcoin session,, |
|
|
|
Bitcoin is on the run for some months now and it has significantly increased from $3700 bottom to over $13k but the price of altcoins is dragging and its not really following the trend. My question is that when will altcoins join the current rally in crypto market?
some altcoin like ethereum, BCH, BCD, BTG and litecoin when bitcoin price on bullrun all those altcoin drag on bitcoin price, dont wait too invest on top ten altcoin, when bitcoin domination decrease then altcoin will be party |
|
|
|
|
Because XLM is build by non profit organization and its have too many airdrop program and charity like xlm on coin base and others, thats may be popular way to get so many holder but ithink its not so good for price
|
|
|
|
Is it normal that projects will not pay bounty rewards because their sales doesnt reached the target?
Is the bounty manager will be liable to here even its not in their control that ICO failed?
I want to joined Soc Med campaign but I read somewhere that some projects really dont pay at end because of ICO failure.
Yes thats quite happen on project thats not succes in sales, because they dont have enough money to pay us, so if we pay with token or coin thats gonna be shitcoin/ token and its useless, i collect so many coin like that.. |
|
|
|
|
Bounties are always good to spread the world about project and airdrop make bigger community, i agree bounty alone is not enough, increasing collaboration with influencers and expanding events in various cities will increasingly convince investors that the team is real like the blockchain summit, conference and so on.
|
|
|
|
|
Altcoin holding multiple can be a good strategy, for me the top 20 altcoin is a good choice, searching for information about the date of altcoin development / event that will come is very helpful for when to buy and hold until it approaches the event.
|
|
|
|
|
Manipulation will continue to occur if there is a bet on the exchange about one coin fluctuation, a clear example is bitmex, short and long on bitmex has a lot of influence on the movement of bitcoin especially if the market is stable or not high volume.
|
|
|
|
|
How many token sold right now on vindax exchange? do you have bounty program?bounties are always good to make bigger community , if not bounties dont you hav an airdrop program?
|
|
|
|
|
how many token sold on IEO p2pb? when next step IEO?
|
|
|
|
|
I bought some ethereum today and hope when bitcoin dominance decreasing will be a session for altcoin to mooning, and i predict ethereum can reach $ 700 this end of year..
|
|
|
|
|
I think libra will be the first payment platform using cryptocurrency thats adopted and legitimated by most country in the world, i dont compare it with eos or tron but ripple is already late for this use if libra launching this year.
|
|
|
|
Imagine you had to choose only one altcoin for your bag. I can't decide between GRAM, LAW and Libra. The last one is the most questionable: it's popular because of FB but I heard it won't be profitable because of its features of stable coin. GRAM and LAW are great because of its technologies but they are not as popular as Libra. So...yeah that is my problem...And what is your choice?
First choice for me is ethereum, first concept in smart contract, most pair on every exchange beside bitcoin of course, next year when ethereum 2.0 is launch i think this can make ethereum goes to $ 700 again |
|
|
|
Staking coins is way better than mining ,hassle free and no generating of heats ,I'm luck to come across miracle telecom project that offers token holders rewards every two weeks from the projects 40% net profits and so far so good ,the reward is not fixed but its way better that other staking coins too ,with 100 tele tokens you can easily make 1.2-2euro based on their net profit every two weeks.
Do you guys have any other staking coins as good as this?
Share your comments below.
That’s a very good concepts from the miracle tele team And surely beneficial for long term invariable hodlers But is that all about staking coins ? Can we trade other altcoins as well ? Do inform Staking to get airdrop is a good thing to keep the price and loyalty of the holders, for the miracle tele where will they continue to pay, I see this like bitconnect |
|
|
|
I dont think cardano can compete ethereum, ethereum is the second largest coin accepted on every community and major exchange, is that any pair in exchange bigger than btc pair or ethereum pair, cardano pair?  |
|
|
|
According to announcement of chain link, the decentralized oracle provider will launch on the Ethereum mainnet on May 30th.
And other side market cap is also $25.80 billion, which good thing.
So I think price will go up for surely.
Guy's, what do you think about this ?
ethereum last week increasing just because bitcoin bull run not because any good news by oracle or other project, i think ethereum will gain more when bitcoin price hit over 15K and stable |
|
|
|
|
Altcoin session will coming when bitcoin price is stable and bitcoin dominance not more than 56 percent in total marketcap, this can bring alts season coming specially to top 20 altcoin
|
|
|
|
|
Show Posts
