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Author Topic: Is Bitcoin loosing its share  (Read 46 times)
mukthar139
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Today at 07:38:45 AM
 #1

Bitcoin which once shared more than 90% of total crypto volume is now reduced less than 40%...
What do you think at the end of 2018... Will it reduce its share to less than 20%
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Today at 07:41:45 AM
 #2

With the upcoming LN update, I do not think it will lose another 20% of its share but rather I believe it will regain majority of its loses, and even gain more.  Many are waiting for this LN upgrade to address the scalability issue and the confirmation time since it is explained that the time would be faster compared to the recent status. 

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ICO Lancer
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Today at 07:49:22 AM
 #3

Bitcoin which once shared more than 90% of total crypto volume is now reduced less than 40%...
What do you think at the end of 2018... Will it reduce its share to less than 20%

The number of crypto currencies grew up in recent years, so the bitcoin share is reduced, but it does not mean that it loses its value.
pxo.011
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Today at 07:54:01 AM
 #4

this was a great topic i wanna know about this discussion,, in the first place only whales and expert will know abut this and i hope bitcoin value will still decrease until in very low and i will buy bitcoin and wait to go up that is my target trading

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Today at 07:56:03 AM
 #5

With the upcoming LN update, I do not think it will lose another 20% of its share but rather I believe it will regain majority of its loses, and even gain more.  Many are waiting for this LN upgrade to address the scalability issue and the confirmation time since it is explained that the time would be faster compared to the recent status. 

LN has been "a few months out" for about 3-4 years now.

I wouldn't count on it too much.

I'd say in a year BTC market dominance is under 20% for sure.
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Today at 07:56:44 AM
 #6

Bitcoin which once shared more than 90% of total crypto volume is now reduced less than 40%...
What do you think at the end of 2018... Will it reduce its share to less than 20%

With a number of cryptocurrencies flooding the market its inevitable that the share of bitcoin might be reduced. However due to some updates and refreshes I still think that it would nothgo down more than what it is now. Even if there are a lot of competitors going into the cryptocurrency scene I sthill believe on bitcoin to stay at the top woth its value

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bizul
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Today at 08:10:15 AM
 #7

Yes, bitcoin is losing its share because investors realized the shortcomings of bitcoin (fees, delay, public transactions) and are flocking towards altcoins with modern features and brighter future. Bitcoin won't die, but it won't be at the summit for long.

When regulations are enforced (soon I believe) there will be a huge market shift towards privacy crypto-currencies that protect users from being identified. I recommend looking into anonymous, private, decentralized and open-source coins. Do your research and pick what you feel will be a huge public attraction in the future.

eaglewhite80
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Today at 08:12:24 AM
 #8

Bitcoin which once shared more than 90% of total crypto volume is now reduced less than 40%...
What do you think at the end of 2018... Will it reduce its share to less than 20%
Well, we had a huge correction, so this should be expected. Bitcoin is going to be gaining some of its dominance back in the market pretty soon and we just need a very good news right now to lighten things up and I am sure LN may be of help with that.
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Today at 08:41:45 AM
 #9

BTC dominance is a rather useless metric, especially since new alts keep popping up by the hundreds. Things only get interested if any of the top 5 coins get close to BTC's market cap, as was briefly the case with ETH last summer. Question being whether it's going to be ETH again or one of the contestants that are trying to give BTC a run for its money.


[...]

When regulations are enforced (soon I believe) there will be a huge market shift towards privacy crypto-currencies that protect users from being identified. I recommend looking into anonymous, private, decentralized and open-source coins. Do your research and pick what you feel will be a huge public attraction in the future.

Here's the thing about regulation and privacy focused cryptos though: I'm not sure whether an increase of regulation would be all that positive for anonymous coins, given that stronger regulation may force exchanges to explicitely delist non-traceable cryptocurrencies.

Millard Fillmore
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Today at 08:44:18 AM
 #10

there's nothing to be sure about this. it's falling doesnt mean i will keep going down for too long. In my opinion, the future of this is very bright, dont be so pessimistic about the trend
christian07
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Today at 08:49:24 AM
 #11

OP i think it can down but that's are their problem if they leave crypto because if your smart you can use knowledge here even you don't earn,i think if you always have negative thinking about crypto then that is not good for you because it so praiseworthy and that's why it run,Think always why your here in crypto world like your here because to earn or to learn that's crypto can brings.

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Today at 08:53:14 AM
 #12

i think if you always have negative thinking about crypto then that is not good for you because it so praiseworthy and that's why it run,Think always why your here in crypto world like your here because to earn or to learn that's crypto can brings. i will keep going down for too long. In my opinion, the future of this is very bright, dont be so pessimistic about the trend

nioctiB#1
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Today at 09:21:12 AM
 #13

Bitcoin which once shared more than 90% of total crypto volume is now reduced less than 40%...
What do you think at the end of 2018... Will it reduce its share to less than 20%
Who cares if bitcoin dominance goes down? this doesnt mean that some altcoins out there are on its way replacing bitcoin. market cap and dominance dont mean anything. there is a lot of altcoins that are getting pumped each day so expect more decrease on bitcoin dominance. bitcoin have 90% share before because there are only few cryptocurrency on that time but now theres a lot of altcoins that are coming out almost everyday.

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