Bitcoin Forum
April 23, 2024, 10:10:27 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: Bitcoin - and fall in market share  (Read 605 times)
XbladeX (OP)
Legendary
*
Offline Offline

Activity: 1302
Merit: 1002



View Profile
March 17, 2017, 07:36:49 AM
 #1

I just wonder how long and how much market share it has to be taken down to makes some changes?
Whole blocksize drama is good marketing point for alts and valid point.
What you think ?


Request / 26th September / 2022 APP-06-22-4587
"Bitcoin: mining our own business since 2009" -- Pieter Wuille
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1713910227
Hero Member
*
Offline Offline

Posts: 1713910227

View Profile Personal Message (Offline)

Ignore
1713910227
Reply with quote  #2

1713910227
Report to moderator
1713910227
Hero Member
*
Offline Offline

Posts: 1713910227

View Profile Personal Message (Offline)

Ignore
1713910227
Reply with quote  #2

1713910227
Report to moderator
1713910227
Hero Member
*
Offline Offline

Posts: 1713910227

View Profile Personal Message (Offline)

Ignore
1713910227
Reply with quote  #2

1713910227
Report to moderator
jacafbiz
Hero Member
*****
Offline Offline

Activity: 2072
Merit: 529


Sugars.zone | DatingFi - Earn for Posting


View Profile
March 17, 2017, 08:00:23 AM
 #2

I have said this before that Bitcoin can't hold 80% of the market share for life, I know one of two Altcoins would snatch some of this from bitcoin. I expect the price of Bitcoin to continue the upward trend once this blocksize debate is over but the market share to continue to decrease with time.

.SUGAR.
██   ██

██   ██

██   ██

██   ██

██   ██

██   ██
▄▄████████████████████▄▄
▄████████████████████████▄
███████▀▀▀██████▀▀▀███████
█████▀██████▀▀██████▀█████
██████████████████████████
██████████████████████████
█████████████████████▄████
██████████████████████████
████████▄████████▄████████
██████████████████████████
▀████████████████████████▀
▀▀████████████████████▀▀

██   ██

██   ██

██   ██

██   ██

██   ██

██   ██
███████████████████████████
███████████████████████████
██████               ██████
██████   ▄████▀      ██████
██████▄▄▄███▀   ▄█   ██████
██████████▀   ▄███   ██████
████████▀   ▄█████▄▄▄██████
██████▀   ▄███████▀▀▀██████
██████   ▀▀▀▀▀▀▀▀▀   ██████
██████               ██████
███████████████████████████
███████████████████████████
.
Backed By
ZetaChain

██   ██

██   ██

██   ██

██   ██

██   ██

██   ██

██   ██

██   ██

██   ██

██   ██

██   ██

██   ██
▄▄████████████████████▄▄
██████████████████████████
████████████████████████████
█████████████████▀▀  ███████
█████████████▀▀      ███████
█████████▀▀   ▄▄     ███████
█████▀▀    ▄█▀▀     ████████
█████████ █▀        ████████
█████████ █ ▄███▄   ████████
██████████████████▄▄████████
██████████████████████████
▀▀████████████████████▀▀
▄▄████████████████████▄▄
██████████████████████████
██████ ▄▀██████████  ███████
███████▄▀▄▀██████  █████████
█████████▄▀▄▀██  ███████████
███████████▄▀▄ █████████████
███████████  ▄▀▄▀███████████
█████████  ████▄▀▄▀█████████
███████  ████████▄▀ ████████
████████████████████████████
██████████████████████████
▀▀████████████████████▀▀
Xester
Hero Member
*****
Offline Offline

Activity: 994
Merit: 544



View Profile
March 17, 2017, 08:01:52 AM
 #3

I just wonder how long and how much market share it has to be taken down to makes some changes?
Whole blocksize drama is good marketing point for alts and valid point.
What you think ?



We dont know how much and when the change will happen. We dont have a control over the mining comunity as well as control over the big whales who have the power to manipulate the bitcoin industry. As such we can expect more bitcoin dumps and decrease in value when the problem continues and the big whales will sell their bitcoin on the exchanges due to panic.
pearlmen
Sr. Member
****
Offline Offline

Activity: 322
Merit: 250


View Profile
March 17, 2017, 09:35:23 AM
 #4

I have said this before that Bitcoin can't hold 80% of the market share for life, I know one of two Altcoins would snatch some of this from bitcoin. I expect the price of Bitcoin to continue the upward trend once this blocksize debate is over but the market share to continue to decrease with time.

Even if bitcoin wont hold 80% but its not bitcoin's wish to hold that large percentage if other alts are living up to expectation. Also, the statistics you quoted that made you arrive at a conclusion is just for a particular day which might even change tomorrow. The reason for losing grip of market share by bitcoin could be as a result of the effect of last week decision in which it will recover in a matter of time.
Kemarit
Legendary
*
Offline Offline

Activity: 3066
Merit: 1351



View Profile
March 17, 2017, 10:44:53 AM
 #5

Etherum already overtakes bitcoin momentarily, trading at volume totalled $424.9 million USD, while bitcoin’s was still at $383.7 million.  Here's the link: https://bitcointalk.org/index.php?topic=1830698.0.

Although is only briefly that ETH overtakes bitcoin, it only shows that it can be done at we all should not overlook at it. ETF rejection has little effect on the price of bitcoin. I think that the scalability issue is the issue I see that has really a lasting effect on the price of bitcoin. As a have said before, is so disappointing seeing this holdback the future of bitcoin. So much politics about a simple solution that would have help the bitcoin market to really take off in the next years to come.

▄▄███████▄▄
▄██████████████▄
▄██████████████████▄
▄████▀▀▀▀███▀▀▀▀█████▄
▄█████████████▄█▀████▄
███████████▄███████████
██████████▄█▀███████████
██████████▀████████████
▀█████▄█▀█████████████▀
▀████▄▄▄▄███▄▄▄▄████▀
▀██████████████████▀
▀███████████████▀
▀▀███████▀▀
.
 MΞTAWIN  THE FIRST WEB3 CASINO   
.
.. PLAY NOW ..
XbladeX (OP)
Legendary
*
Offline Offline

Activity: 1302
Merit: 1002



View Profile
March 17, 2017, 11:00:39 AM
 #6

***

I wrote numerous times that BTC need kick in balls Smiley to improve ,best is price balls
Miners when they see that what they mine is falling will switch to some solution.
Or BTU or segwit and lighting
With no action btc will fall more and more.
Miners needs impulse to act Smiley - price will shut them down.

Request / 26th September / 2022 APP-06-22-4587
davis196
Hero Member
*****
Offline Offline

Activity: 2954
Merit: 905



View Profile
March 17, 2017, 11:33:19 AM
 #7

***

I wrote numerous times that BTC need kick in balls Smiley to improve ,best is price balls
Miners when they see that what they mine is falling will switch to some solution.
Or BTU or segwit and lighting
With no action btc will fall more and more.
Miners needs impulse to act Smiley - price will shut them down.

I don`t think that miners have fault.All the miners care about their profits and if bitcoin mining isn`t profitable,they run away and this is normal.
Perhaps the core devs should come down with a solution and bitcoin will have it`s "kick in balls".


calkob
Hero Member
*****
Offline Offline

Activity: 1092
Merit: 520


View Profile
March 17, 2017, 01:06:23 PM
 #8

I think that bitcoin will always remain king of the hill, lets face it most people come to altcoins through bitcoin.  I think in the future there will be a couple of big currencies that will dominate.  and if any come near to bitcoin it will be pretty easy to jump over,  not a problem long term in my opinion.
mdripon
Full Member
***
Offline Offline

Activity: 308
Merit: 100



View Profile
September 09, 2017, 06:12:00 AM
 #9

I just wonder how long and how much market share it has to be taken down to makes some changes?
Whole blocksize drama is good marketing point for alts and valid point.
What you think ?





Bitcoin now is magic,because if bitcoin price is highly market share be highly. so need many grow  bitcoin.

Activity Contest  \_____◢  ICO Forums  ◣____/  Promotion Contest
New Forum for Cryptocurrency Discussion
ICO Review Contest  / ̅ ̅ ̅ ̅ ̅ ̅ ◥  ANN Thread  ◤ ̅ ̅ ̅ ̅ ̅ ̅ \  Signature Campaign
Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!