simple999
Newbie
 Offline
Activity: 69
Merit: 0
|
 |
March 20, 2018, 07:04:40 PM |
|
Bitcoin dominance is below 40%
Other altcoins gain dominance.
What do you think? It will correct like last year? I think we're going to have a big correction next days in altcoins price and market cap caused by an increase in btc price. But It will only recover 10-15% of dominance, not all.
if he fluctuates so often, other leading coins may jump into volume) |
|
|
|
|
daarul50
Legendary
Offline
Activity: 1596
Merit: 1034
|
|
March 20, 2018, 07:14:37 PM |
|
Since the beginning of the month in this year the dominance of bitcoin did experience a fairly large decline but a few days ago investors have started to enter the market and divert their investments into bitcoin so that bitcoin dominance began to rise again. I hope that the dominance will increase in order to boost the confidence of other investors and certainly help increase the price of bitcoin in the future.
|
|
|
|
|
justyourkuya
Member
Offline
Activity: 156
Merit: 10
Bounty Campaign Management
|
|
March 21, 2018, 11:29:15 AM |
|
Just like all other cryptocurrencies, bitcoin has its own high and low point. But glad to say that its downfall doesn't take too long. It abruptly recovers as time goes by. Its dominance and superiority increases and investors and traders gain more confident in upholding success.
|
|
|
|
|
VernonRoshe
Member
Offline
Activity: 300
Merit: 10
|
|
March 21, 2018, 11:34:19 AM |
|
Bitcoin dominance is below 40%
Other altcoins gain dominance.
What do you think? It will correct like last year? I think we're going to have a big correction next days in altcoins price and market cap caused by an increase in btc price. But It will only recover 10-15% of dominance, not all.
Bitcoin eventually will go to 30% of the total capitalization. But with him nor when or who can not be compared. Because it is the first and only, unique. |
|
|
|
|
kpcian
|
|
March 21, 2018, 11:45:12 AM |
|
Bitcoin dominance is below 40%
Other altcoins gain dominance.
What do you think? It will correct like last year? I think we're going to have a big correction next days in altcoins price and market cap caused by an increase in btc price. But It will only recover 10-15% of dominance, not all.
It's true that Day by day other Altcoin is getting closer to Bitcoin dominance but it requires a lot of time. I believe that Bitcoin will be capable to maintain its dominance at least more three or four years. So that throws your hesitation regarding Bitcoin future. I think this year again will correct all of the situations like the last December. One thing, we should remain in our mind that Bitcoin is the fundamental platform of this blockchain system so that it will always carry the vital role in the system. |
|
|
|
|
andreevaviktoriy77
Newbie
Offline
Activity: 196
Merit: 0
|
|
March 21, 2018, 11:48:23 AM |
|
So far, looking at this situation, but many people in the purse hanging the currency bitcoin and buying altcoin does not make sense if all investments were listed in the cue ball.
|
|
|
|
|
cryptoblue77
Member
Offline
Activity: 472
Merit: 10
|
|
March 21, 2018, 11:51:50 AM |
|
I believe that bitcoin dominance would continue over the next few years, although, some altcoins have done well for the past two years, But they are still far behind.
|
|
|
|
Azha
Newbie
Offline
Activity: 47
Merit: 0
|
|
July 13, 2018, 02:18:21 PM |
|
|
|
|
|
|
Jihuny23
Jr. Member
Offline
Activity: 224
Merit: 1
|
|
July 13, 2018, 02:59:43 PM |
|
Yeah... bitcoin is still the dominant crypto currency coin. Although public confidence in the crypto currency has decreased but this belief is higher than confidence in other crypto currencies. Bitcoin as the oldest crypto currency already has a deeply rooted belief of the community that it becomes a plusco bitcoin to remain the dominant coin. As the dominant coin, bitcoin should be more active in innovating and making improvements. Bitcoin is eagerly anticipated to launch new innovations that can certainly sustain people's confidence in bitcoin.
|
|
|
|
|
LuciferEveningStar
Member
Offline
Activity: 322
Merit: 10
|
|
July 13, 2018, 04:46:50 PM |
|
Bitcoin dominance is below 40%
Other altcoins gain dominance.
What do you think? It will correct like last year? I think we're going to have a big correction next days in altcoins price and market cap caused by an increase in btc price. But It will only recover 10-15% of dominance, not all.
The bitcoin dominance today is slowly depreciating but it does not really matter because you can invest while market price is still low, taking advantage today of the current state in the market will make you earn more profit in the future. |
|
|
|
|
Pemburu dollar
Jr. Member
Offline
Activity: 154
Merit: 1
|
|
July 13, 2018, 05:14:46 PM |
|
I think People are confused right now, and they are misleading and I feel it's just a matter of time before it shows up, and people ran back to invest in it. So I do not really think that alts get the top edge of crypto king.
What rises that down and keeps it down, but bitcoin follows a different pattern when it goes up, it goes down sometimes and then rises to another level. Bitcoin only last year 1k at the moment and see where it ends.
|
|
|
|
|
|
drachman
|
|
July 14, 2018, 02:44:16 AM |
|
Since the beginning of the month in this year the dominance of bitcoin did experience a fairly large decline but a few days ago investors have started to enter the market and divert their investments into bitcoin so that bitcoin dominance began to rise again. I hope that the dominance will increase in order to boost the confidence of other investors and certainly help increase the price of bitcoin in the future.
The dominance of bitcoin is artificially low, the forks lowered that number and the huge amount of useless coins keep that number lower, in my opinion the real bitcoin dominance in this market is still above 50% probably closer to 60% or 70% but we are only going to see those numbers again when a big number of the useless icos disappear, something that is going to take a lot of time for what I can see. |
|
|
|
|
|
yndye
|
|
July 14, 2018, 05:09:25 AM |
|
The bitcoin dominance today is slowly depreciating but it does not really matter because you can invest while market price is still low, taking advantage today of the current state in the market will make you earn more profit in the future.
Bitcoin dominance will appreciate when its price would rise again. People would sell their alts and buy bitcoin again because it is a much safer option when bitcoin makes a rapid movement. We know that there is a potential catalyst that may push the price of bitcoin to unprecedented heights again and this would make bitcoin more dominant again against other coins. Price of almost all coins is controlled by bitcoin in some way because whenever its price goes down, we can notice that market is bearish full of reds and when its price rise or moving sideways, market is green. |
|
|
|
Koobtcgal
Full Member
Offline
Activity: 714
Merit: 100
Acewins.io
|
|
July 14, 2018, 11:34:08 PM |
|
Even if bitcoin will pump again, I am sure some of the altcoin like ethereum will maintain its cost.
Why will a coin with most usage in the crypto space remain its price when some coins without a real life usage are increasing in price? Maybe that is what you think but I can assure you that it will never happen that way. |
|
|
|
phpartisanmaster
Member
Offline
Activity: 350
Merit: 10
|
|
July 15, 2018, 02:06:54 PM |
|
Bitcoin dominance is below 40%
Other altcoins gain dominance.
What do you think? It will correct like last year? I think we're going to have a big correction next days in altcoins price and market cap caused by an increase in btc price. But It will only recover 10-15% of dominance, not all.
It was normal for the price today to go down because the market price last december pump's so much so we can expect a down price today, always remember that volatility is necessary in order to earn profit. |
|
|
|
|
teramit
Legendary
Offline
Activity: 1873
Merit: 1394
The Last Cryptocoin Burner
|
|
July 15, 2018, 02:22:24 PM |
|
Every exchange has bitcoin wallet , every altcoin has a parity with bitcoin and some altcoin can only be bought via bitcoin, so dominance will continue , every strong altcoin will eat from btc share. Altcoins may slowly gain percentage but sure btc will stay dominant for lbg time.
|
|
|
|
|
1Referee
Legendary
Offline
Activity: 2170
Merit: 1427
|
|
July 15, 2018, 06:24:15 PM |
|
Altcoins may slowly gain percentage but sure btc will stay dominant for lbg time.
If you keep printing tokens, you'll push back Bitcoin's market cap dominance below 10% within 2 years. It's not fair. These lists shouldn't exist. Or at least, should be set up in a better way. One coin isn't the other, where people also ignore Ethereum's dominance. All the tokens that are being printed through Ethereum are pushing Ethereum down as well, and this is just the beginning. If EOS gains traction, it will eat away a lot of its market cap. It gave birth to EOS, and as a thank you EOS will make sure Ethereum gets knocked out. The crypto market is extremely brutal, no entity in this market enjoys any form of mercy. You eat or get eaten, it's that simple. |
|
|
|
|
NereuFajardo
Member
Offline
Activity: 152
Merit: 12
|
|
July 15, 2018, 07:56:55 PM |
|
The dominance is still intact, i don't understand why there are so many people worried about this situation because it is more than obvious that bitcoin will be on the market forever, and there is no way to see it being replaced by another coin
|
|
|
|
|
bogacola
Member
Offline
Activity: 406
Merit: 12
|
|
September 09, 2018, 02:20:08 PM |
|
Throughout the past 24 hours, the dominance index of Bitcoin achieved 55 percent, its highest point since December of last year.
|
|
|
|
|
|
Thanasis
|
|
September 09, 2018, 02:34:42 PM |
|
Throughout the past 24 hours, the dominance index of Bitcoin achieved 55 percent, its highest point since December of last year.
Which means most of the altcoins are going to die,even ethrereum looks very dangerous now so people may consider bitcoin as safest of other coins and moving away from those make the dominance level getting increased but no new money coming into the market which causes the price of bitcoin to stay at the same level even the dominance keeps increasing. |
|
|
|
|
