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Author Topic: Bitcoin regaining dominance.  (Read 5000 times)
lastnumber
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August 23, 2018, 09:26:05 AM
 #341

I do not think this is the time when Bitcoin regained control. It was so funny. Do you know the current Bitcoin price? US $ 6,400 for a BTC. It is low. Who dares to say that this is the time Bitcoin regained control. It is not clear until 2019 whether Bitcoin will reach the $ 10,000 mark. Really lack of faith.
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lastnumber
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August 23, 2018, 09:27:58 AM
 #342

bitcoin always dominates and it's always proven, even though every year bitcoin gets outstanding issues such as hacking or something else but still bitcoin will dominate because bitcoin is something very innovative
Thank you for the other investors optimism. But we should look at the problem in a more realistic way. Before Bitcoin peaked, I thought there would be a sign. But now, as of the end of 2018, there are no positive signs that Bitcoin will make a miracle.
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August 23, 2018, 09:52:45 AM
 #343

Apart from reaching a new ATH, bitcoin is also regaining dominance vs other alts. It was halved between March and June and bitcoin has been slowly regaining it but lately seems to have received a boost.



Source: (https://coinmarketcap.com/charts/#dominance-percentage)

Any ideas about why this is happening?


That is good to hear that the bitcoins are regaining their power again because having that image will of course boost the confidence of the people to futhermore hold their coins their bitcoins to be exact and that is also an investor magnet because if an investor knew that those coins are rising again they will start to invest in them again. So just see what will happen.
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August 23, 2018, 11:08:15 AM
 #344

This is one of the main indicators for me which shows that bitcoin is not about to die in near time. The fact that bitcoin keeps its domination and not losing positions does matters!

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August 23, 2018, 01:55:11 PM
 #345

This is one of the main indicators for me which shows that bitcoin is not about to die in near time. The fact that bitcoin keeps its domination and not losing positions does matters!


Agree. Besides of huge dumped of bitcoin market but it still dominating the reputation of decentralized currencies that surely it will not easily died but rather it will regaining dominance in the near time. And this will possibly happened because of its great believers.

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August 23, 2018, 02:36:57 PM
 #346

It feels like it never really left its dominance. Still the omega in the cryptoworld and that is unlikely to change anytime soon in my opinion
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August 23, 2018, 02:38:58 PM
 #347

It is very strange to observe and not understand why investors sell altcoins and switch to bitcoin. Maybe because they see bitcoin as more reliable. If you look at your chart, it is obvious that bitcoin is going to the top to complete domination. Well, at least to 60%

BertoloyBTC
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August 23, 2018, 03:02:53 PM
 #348

Why does bitcoin will have to regain its dominance , that it was not yet surpass by any other altcoin in the coin market cap, in other thing sometime  bitcoin will lost its trust from the people because of s certain happenning in the bitcoin, but investors never mind those things.
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August 23, 2018, 03:20:21 PM
 #349

Nothing is impossible. There are so many things going on in this market, the ups and downs are indispensable in every field and every field. I do not study economics but I always tell myself that I should not be afraid of events, calm down and handle things at hand. Bitcoin fell sharply from March to June, causing investors to panic. This made me think a lot. If I had to invest in bitcoin, it was the worst fear.
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August 23, 2018, 03:30:46 PM
Last edit: August 24, 2018, 04:15:59 AM by dupee419
 #350

Yes, I don't think that the market will stay at a constant level,. it'll go up and down at an unknown.rate, BTC will continue to be as dominant as it can be, though even if it is volatile, BTC will still dominate. And the fact that a lot of altcoins are trying to dehtrone BTC is one of the reasons why BTC will have to do more and with the price flow in the market, I think that BTC will continue to dominate, however I also think that there are a lot of altcoins that can show and have potential, but it is clear that BTC will dominate.
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August 23, 2018, 05:23:26 PM
 #351

Bitcoins not regaining dominance because it is the dominant coin in the first place so nothing could replace bitcoin would be bitcoin itself it has shown how powerful bitcoin could be even all that stress from the disastrous events like banning and arresting bitcoin has shown  its capability to recover up faster than expected.
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August 23, 2018, 11:23:13 PM
 #352

In my opinion, bitcoin will continue to be dominant in the cryto market though it experiences downfall but its capable to go back to its normal value or higher than we expected.
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August 24, 2018, 05:56:07 AM
 #353

In my opinion, bitcoin will continue to be dominant in the cryto market though it experiences downfall but its capable to go back to its normal value or higher than we expected.

Obviously the next pump of prices will be higher than its previous value because there are more country that has been legalized to use cryptocurrency on their area.
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August 24, 2018, 07:10:16 AM
 #354

Bitcoin started to upset people.  I do not even know what to do, and soon I will panic and sell everything.
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August 25, 2018, 06:48:21 AM
 #355

Apart from reaching a new ATH, bitcoin is also regaining dominance vs other alts. It was halved between March and June and bitcoin has been slowly regaining it but lately seems to have received a boost.



Source: (https://coinmarketcap.com/charts/#dominance-percentage)

Any ideas about why this is happening?

I’m just hoping that this same thing is going to happen this year again. Some people has been saying that the price of Bitcoin will reach up to thirty thousand dollars this year and other has predicted fifty thousand dollars, I don’t know which one is correct but I’m just hoping that at least it gets to twenty thousand dollars or a bit above that price rate before the end of this year. Even if doesn’t, I invested at a lower price rate so I don’t really have any problem with it.
Eigig
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August 25, 2018, 08:27:18 AM
 #356

Bitcoin did not lost dominance since it was recognized as the number one crypto coin in the market , but I think bitcoin has lost much value the other past months because of the bearish season , and now it started to regain its normal price value that it is once soaring high, it regain its value at the coin price index.
gorodi
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August 26, 2018, 07:55:44 AM
 #357

bitcoin always dominates and it's always proven, even though every year bitcoin gets outstanding issues such as hacking or something else but still bitcoin will dominate because bitcoin is something very innovative

It will dominate for at least a dozen of years. After that time, I suppose, another cryptocurrency, which is safer and faster, more convenient and less volatile can appear and become the leader of the crypto market.
fishball
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August 26, 2018, 10:51:13 AM
 #358

Apart from reaching a new ATH, bitcoin is also regaining dominance vs other alts. It was halved between March and June and bitcoin has been slowly regaining it but lately seems to have received a boost.



Source: (https://coinmarketcap.com/charts/#dominance-percentage)

Any ideas about why this is happening?


That is probably to be the most expected outcome for bitcoin. Each one of us who is involve in cryptos, we are especially after the price hike of bitcoin to be specific. And we also hope that it will continue to prosper.
F_Ivanov1993_
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August 26, 2018, 11:35:17 AM
 #359

Bitcoin will always be the most popular dominant currency of the cryptoworld.
automaticmoney
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August 26, 2018, 01:32:32 PM
 #360

Bitcoin is regaining dominance is a positive sign for the entire industry sooner we can expect altcoins previous values come up and cryptocurrency look positive bull rally about to happen
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