Betty10
Newbie
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Activity: 126
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August 13, 2018, 02:31:56 PM |
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Most traders and investors have more confidence on BTC than any other coins. I believe many persons have a calculation that the price of bitcoin is likely to spike very high, so they are trying to stay safe by converting to bitcoin.
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Angel Di
Sr. Member
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Activity: 588
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EVOS
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August 13, 2018, 02:39:42 PM |
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Dominance Bitcoin 50 percent is probably a normal state in the market. Previously, it happened to reach 90 percent of this value, but now probably already this we can not see, because the coins became much more.
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Caesar-Giulius
Sr. Member
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Activity: 728
Merit: 250
Buy, sell and store real cryptocurrencies
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August 13, 2018, 02:48:37 PM |
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It is a good sign when marketcap of Bitcoin is more than 50% of the whole crypto market, it shows that more people are speculating that Bitcoin price will rise.
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bizzargin
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August 14, 2018, 03:47:02 AM |
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I still keep thinking that bitcoin is an investment asset that displays the situation in the market.
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electronicash
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August 14, 2018, 05:08:49 AM |
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It is a good sign when marketcap of Bitcoin is more than 50% of the whole crypto market, it shows that more people are speculating that Bitcoin price will rise.
i don't think that's a good sign. all other coins are in red. btc only rise up because of those users selling their alts not because there are new users trying to buy some btc for their investment. this only means that we are the only people fooling each other here in the crypto space. we didn't make money because someone is interested in joining the market but someone had sold their tokens for less.
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Katya91a
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August 14, 2018, 06:26:18 AM |
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Bitcoin domination will always be around 50%. It would not have extolled Etherium, or even some sort althin, it will not be good things, if bitcoin will be all that bad... The entire market depends on bitcoin.
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hydrococo
Jr. Member
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Activity: 196
Merit: 1
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August 14, 2018, 06:47:31 AM |
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originally I thought that the ethereum will be the winner in the year 2018. However, looking at the market this morning I changed my mind. I think this will still be bitcoin so the best this year.
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ityandsyn
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August 14, 2018, 02:46:33 PM |
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ETH is falling and again BTC Dominance above 50% now.always leader is BTC, he proved it again.So I think in the future This BTC dominance will remain near 50%..What do you guys think
You're right Man despite of the crash of cryptocurrency, Bitcoin is still in dominance of all crypto, as we can see the price of Ethereum is already hit $200 plus but Bitcoin price is stagnant at $6000 plus, and sometimes Bitcoin price will climbing up but other altcoins will remains and others are continued to diminish.
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ahmed04
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August 21, 2018, 07:33:54 AM |
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The gradual growth of bitcoin's dominance of Course upsets me, it would be better if he shared his capitalization between the coins that are in my portfolio.
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RlanaS
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Activity: 126
Merit: 3
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September 20, 2018, 02:40:37 PM |
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Coefficient of the Bitcoin is going to be always higher as compared to the altcoins because its popularity is way higher people are beginning to dump altcoins for Bitcoin as the Btc market proves to be most profitable market today. But the trend will change again soon.
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pretfeestje
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Activity: 126
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September 25, 2018, 02:43:36 AM |
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Bitcoin has always been dominating, and I think that this will be on for some time. This is why some people predict that with the fall of bitcoin, the general market will collapse. The price of Ethereum falling has nothing to do with Bitcoin's dominance, even when ethereum was it its highest, it was still so. I don't know if this is a good or bad thing though.
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kicauklaten
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September 25, 2018, 02:48:18 AM |
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bitcoin is already certain to always be in the forefront in crypto. even every altcoin that there is almost everything there is certainly the idea of the bitcoin so reasonable when this has always been the top than others. regarding the ethereum fall, I think this is a normal thing to happen because it doesn't affect anything. It's when it was in a phase that is priced low so it is good to buy this as much as can be had while waiting for improvement will occur.
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nisya
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Merit: 10
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September 26, 2018, 06:20:11 AM |
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No matter what the conditions are bitcoin still dominating the crypto market because bitcoin is the king in the cryptocurrency and every coin have to follow the step of bitcoin. And when bitcoin price is going to go up, the other coin will down for a moment but it will getting higher after bitcoin can stay at the one price level. Although the bitcoin price is down, bitcoin always dominate the market, and it will start to reach the higher rate later. I don't think that there is any coin that can replace bitcoin dominance in the market because they need more power to beat bitcoin itself which is too difficult to do right now.
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nicolas1979
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September 26, 2018, 06:31:37 AM |
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ETH is falling and again BTC Dominance above 50% now.always leader is BTC, he proved it again.So I think in the future This BTC dominance will remain near 50%..What do you guys think
BTC still become leader and always giving impact into another, like or not that's the works. This is reality we should take as experience, before do activity please see bitcoin price action data as basic analysis. Eth also become the main alternative even the price go down many people still use it as income ( trading/ invest ) and built business using it ( ads, on line product ). See it as positive side and you can use it to recovery asset or just take profit for next step.
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