Did I asked for a Chart? The statement itself is fucking dumb that it's good that Bitcoin dominance is falling.
I just given a proof. And I think it is better then your words.
Try to explain with chart. I think this is more preferable.
And you think it is not good. I think Bitcoin also care the others too. It always lose its dominance for a while for other cryptocurrencies. When they perform well it show its dominance again.
I think Dominance is like General Elections. Everyone vote other cryptocurrencies but at the end Bitcoin wins.
And other thing is that.
Think, exactly what you are?
Trader
Or
Hodler
If you are trader then you will get benefits from Altseason.
And if you are hodler so the dominance doesn't matter.
This is my point of view. Everyone has its own.
For sure, there is nothing wrong with facts, and surely some facts are more relevant to this thread than others, and whether the facts end up leading us down some slippery slope rabbit hole regarding shitcoins might also be another story.
I did not consider that first quote that ImThour posted to be as dumb as he seemed to have been making it out to be, but surely there is a problem with folks who lose sight of king daddy bitcoin, and they end up attempting to make their explanations of the whole space as if the various other shitcoins are competitors to bitcoin rather than merely hanging onto the coattails of bitcoin.
In other words, without the security and the difficult to attack aspects of bitcoin, a vast majority of the shitcoins would have a hard time surviving at all.. so in some sense, all the various shitcoins happen to be an extension of the success of bitcoin that bitcoin has provided them a space to be able to have any possible existence - whether they are scamming people or they are striving to find some kind of legitimate niche. It just ends up being problematic in this thread if we end up trying to explore which shitcoin might not be as shitty as the other.. but surely sometimes there is symbiotic aspects that go on with various shitcoins.
Some shitcoin's might take aspects that first came up in bitcoin and try to work upon those, whether it is scaling or privacy or key management or even marketing/network effects, and sometimes, bitcoin developers and other bitcoin proponents might be able to take some learnings from the shitcoin space too.. to see what might work better or might be some area that is riddled with problems. We know that even satoshi recognized a likely growth in the shitcoin space - by pointing out the likely imitators that are going to come into the space whether they are naysaying on bitcoin or possibly building some kind of competing or complementary product.
So, I would not even be proclaiming that bitcoin dominance is not relevant - even though bitcoin dominance has questionable relevance - including the various ways that the market caps of some shitcoins can also be manipulated, and there have been some other ways that some folks have attempted to account for activities in the space - such as trade volume and the building of various network effects such as ongoing development or even avenues of liquidity, then we also might end up back in a place that we are trying to avoid because there have been claims that bitcoin has been losing developers to ethereum or even trade volume lost to the ethereum, while at the same time we might well get into qualitative arguments to attempt to establish that ethereum is being used to facilitate scams, the printing of money and even that it is a house of cards and smoke and screen bullshit that could fall down at any time, even though it has been propped up pretty intensively (arguably off the security coattails of BTC) for more than 7 years.
I also find problematic your hint at a potentially valid reason to pay attention to shitcoins in order to earn more BTC.. and surely guys/gals have made those kinds of arguments in this thread for years.. but surely we do not get too many of those kinds of discussions in recent times, even though it surely can be tempting for guys to come into the thread and to proclaim how much BTC they made through their fucking around with various shitcoins... regarding Save the RF.. he has likely lost most of his BTC through his devolving into putting his finances and mental energies
(to the extent that he has any mental attributes? hahahahahaha) into shitcoins.
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