it is not about gaining popularity though. bitcoin has its popularity already but the problem is that there is also a lot of FUD about it in the media which have been misleading a lot of people all these years. so whenever something like this happens where they show the reality of bitcoin and clear all those false information, that makes some people wake up or pull their heads from the sand and see the real bitcoin as a currency and see its true potential.

which exchange do you use that is taking such low fees for fiat withdrawals? usually the exchanges have such huge withdrawal fees for fiat because of the costs that banks require. i have never seen  $0.3 as the fee which is why i do not believe you.
not to mention that you can not withdraw small amounts (such as cost of a coffee) you have to withdraw 20-50 times of value of a cup of coffee each time you want to purchase!

there is no time frame for bear market. that is you assumption that it should last 3 years. and a bear market has nothing to do with a correction. a correction is a drop that you can predict the bottom of and it is much shorter than a bear market which is longer and you can not predict the bottom of it.


it has happened, it is happening right now and it will happen in the future like this again and again.

the only truth about bitcoin is that it has interested a lot of people of many different types. the worst type are people like OP, idiots who think if they spread some bullshit on bitcointalk they can find access to cheaper bitcoins to buy and make a tiny bit of more profit in their pockets before the day ends and they miss their chance.

you have no reason for expecting that, you are basically making a guess here and also the worst part is that you can not make up your mind about it either. your title says "bitcoin is doing sideways" then you want to margin it?!! you do that when price is falling and now price is NOT falling. it is NOT rising either but not rising doesn't mean it should fall.

using this only proves that you are not familiar with the market and you should be very careful when trading because your decisions are based on false factors.
what you are calling "market dominance" is the product of total market capitalization being a fake number thanks to nearly 2000 shitcoins with gigantic supplies. when it goes up and down like 41% to 40% to 50% that doesn't mean anything at all about the price of bitcoin.

WRONG.
that simply means altcoins are dumping. it is a simple math thing. let me explain it for you:
we have bitcoin with about 17,000,000 supply
then we have shitcoins, each with billions of supply. when bitcoin drops about 5% for instance. these shitcoins drop from 10% to 20% for instance ETH dropped 12% when bitcoin dropped 5%.

now each of them are losing 10% of their bloated market cap. 10% * 100,000,000 supply * price will be a huge amount and the total decreases with it a lot.
that is why it is not called "dominance" it is a dump thing created by the altcoin bag holders to undermine bitcoin.

none of the above, specially right now.

these coins are experiencing their inevitable dumps because they are still in their respective bubbles some of them in bigger bubbles that others. and investing right now can mean losing a lot of money as the dumps still continue to happen in the future also.

when you want prof it you should either invest in the coins that are already getting pumped (like the ones rising 100% to 400% each day) or you should invest in something that has real potential which is bitcoin only.

bitcoin was created 9 years ago not 50 and what happens in other markets (stocks for example) has nothing to do with bitcoin. they may have certain patterns and do certain things in certain seasons but not bitcoin.


the problem with these patterns is that there is a lot of them and most of them contradict each other. for example there was a lot of patterns suggesting we will see a rise in February, that didn't happen. then again in April and that didn't happen either. and again we have June patterns that suggest we should have seen a rise but that didn't happen either.
you see for every pattern that comes true there is another that didn't.

these are new words belonging to new technologies. inclusion in a dictionary is not going to happen fast. and these words are the only new words out there. there are a lot of new words (not related to crypto at all) and are not in a dictionary.
and its inclusion in a dictionary is not going to change anything about their acceptance either.

if someone opens up Websters dictionary and sees the word bitcoin there, they won't suddenly decide they want to use bitcoin. also if they open it and see bitcoin is not there they won't suddenly decide not to use bitcoin!

all these replies and nobody has yet mentioned the real reason for it!
it is pretty simple and it is because of the design. the altcoins despite their names (coin) are not designed to be a medium of exchange aka a currency. they may be advertised as a currency, they may also carry the name "currency" but they are far from it. when the developers of these altcoins are creating them, the only thing they have in their minds is how to make more money from their  creation. that is why premines, ICOs and all the rest of the ways they use have been created.

you can not expect something that is not designed to be a currency to act as a currency. look at bitcoin for example. it IS designed to be a currency and it IS acting as a currency even though many are only seeing it as an investment.

whenever FUD is at its hottest, it usually means the bear market is coming to an end and there are certain people who are getting desperate to fill their orders, close their shorts,... since they have been losing money they start a desperate FUD campaign with a lot of their alt accounts because they think they can cause panic LOL.
of course i would have loved to see the original kuwkduck because he is always a solid signal for the end of the drops without any mistake in the past 9 years, but we now have this kuwkduck-copycat here who is doing the same thing.

you know if you tell this to a financial expert they will most probably have a heart attack either because of the shock or because they will fall on the floor bursting with laughter.

you are basically telling people to lose almost all their investment and continue losing more and do nothing about it!!! do you honestly think that is a wise choice?

it is no secret that i think altcoins are shitcoins, it is clear from my post history but lets assume they are the best thing in the wold all all of them will be worth $1 million one day. that still won't justify holding them while they are getting dumped and while you are losing something like 70% to 90% of your investment!

you must sell when there is a dump going on to prevent your investment, then invest back at the bottom IF you really think they will rise back up

anything is possible with bitcoin. it may drop to $5000 or it may drop to $10 or it can even die. or it can rise up and reach $1,000,000. the real question is will it do that?

for now there is no reason for the price to drop below the strong $6k support line. the drop so far has been without a reason too and it was purely whale manipulation that was initialed by a massive dump on different exchanges.
the $6k so far has proven to be the bottom where majority of the investors consider the price to buy at. so it would be extremely hard to break it.

not to forget about the fact that there is a centralized banking cartel behind Ethereum in the name of ethereum foundation that had millions of dollars to pump it and on top of that they premined 72 million ETH and are currently holding the majority of the coins.

other projects don't have that much. as an altcoin you can never compete with that kind of centralized money even if your project is better than ETH. the thing is centralized coins never last in the long  run though.

in this market you have to make up your mind about what you want out of it. people obviously want profit but they don't want to make any effort about that. they just follow the current like a log in a river that is being carried off and then falls down when it reaches the waterfall to drop down and shatter.

if you want profit you must throw away all the idiosyncrasies that you had so far and stop just following the rest of the herd. try finding where the real money is going. follow the real volume and grab the profit by the throat each day and TAKE IT OUT. bag holder mentality is never going to give you any profit in altcoin market.

in order to invest in the altcoins you must learn how to and learn their potentials.

there are about 1700 active altcoins and they all have potential of  getting pumped and this MARKET is seeing some pump 24/7 of 365 days of the year. it is your task to find them, invest in them during their pumps and also get out by dumping them before it is too late.
waiting for some sort of miracle while holding some altcoin because it is higher in some ranking is just going to lead to a lot of losses.

i don't think anybody is denying the fact that $20k was indeed a bubble and we needed a correction from it. i think every single speculator agrees about that. the disagreement is about where should the correction have stopped at.
i'd say dropping down to $10k or even $9k was acceptable correction and it was done. the rest of the drop was not. it was pure manipulation and whales dumping that caused that drop.

bitcoin fees in early days were something like 0.01000000BTC at some point. nowadays you are paying 0.00000180BTC for the same transaction.
in USD terms it was pretty much the same considering the price of early days was very low.
and since we are talking about bitcoin i'd say the fees were super expensive back then.

it is all about supply and demand.

last year India was mostly cut off from the rest of the world, there was no way to get money in to buy bitcoin on Indian exchanges and also there was a lack of supply of bitcoin over in India due to the massive surge of people who wanted to buy bitcoin. in other words there were a lot more people willing to buy bitcoin than there were to sell it. so price went higher than the USD markets.
now the exchanges like Zebpay are having problems so people are no longer using it as much as before so the price there has fallen down more but it is still high elsewhere.

very true, when nobody is using a token or even a coin that means failure.

but the other way around is not right though because you can not categorize the different tokens based on their volume,... and claim that because "this one has more transactions it is better".
failure in my opinion is when you create a name that is only used for trading and nothing else! there might as well not even be a token, blockchain,... we may as well go on an exchange and buy/sell the "names" instead without them being anything in real world.

altcoins have never been good for long term investments and this is not going to change now. you can come up with a lot of weird things to check in your list and satisfy yourself into believing that you "researched" before investing and made a good decision but that still doesn't make it good. even if you make profit you are missing out on bigger profits. for example if you invest the money you could have invested in bitcoin in a bunch of altcoins you  decrease your profit by at least 70%.

altcoins have always been best short term investment because they can get pumped hard and because when their pumps are done they get dumped hard. the smaller the coin the bigger the pump.