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601  Bitcoin / Bitcoin Discussion / BTC market dominance: why it doesn't matter on: December 10, 2018, 02:57:11 PM
So above all the FUD I've read, there is one argument I just don't like cause it's not a lie, it's a stupid illogical argument.

The argument is to say that overall BTC dominance has been divided by two over the last year which proves that BTC is a technology that can only die. That it's no longer innovative enough and will disappear.

Now it's true that looking at the charts BTC dominance felt under 80% begining 2017 to never come back even above 60%.
So what?

BTC market dominance going lower just means the cryptoworld as a whole is exploding with new ideas and new projects! That there is more and more money invested in different kind of tokens and coins! But what's the first base coin for all this? BTC.

We will worry the day a coin dominance is higher than BTC dominance, until then, seeing BTC dominance going down is a GOOD thing because it means crypto as a whole is benefiting from BTC fame and investments are coming. There is nothing wrong with that.

At least that's a newbie opinion on the subject  Cheesy
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