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Author Topic: The dethroned king... BTC nice to see people realize it was overhyped  (Read 721 times)
BLAST2MARS
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January 08, 2018, 06:45:52 AM
 #41

Btc has been losing dominance from almost reaching 70% to 50% right now.i am really feeling great after realizing that people is not so stupid to keep on buying btc at insane prices... it was eat to overpriced.
Is the pioneer, but i think there are better altcoins.
Also btc fees are stupidly high.
Hope it get replaced for another better altcoin some day.
Bye btc


Emjoy the feeling pal but I don't think you know this works. In the past years, bitcoin often fall and loose dominance but it still go up after some time and stabilizes in a higher price.
poochoorookooy
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January 08, 2018, 06:49:24 AM
 #42

Btc has been losing dominance from almost reaching 70% to 50% right now.i am really feeling great after realizing that people is not so stupid to keep on buying btc at insane prices... it was eat to overpriced.
Is the pioneer, but i think there are better altcoins.
Also btc fees are stupidly high.
Hope it get replaced for another better altcoin some day.
Bye btc


I think you have your point; however, I also think that you are underestimating bitcoin by saying that it's now dethroned. I think it is still the strongest, most reliable, most powerful, most marketable, and basically, the best cryptocurrency arround. Even if you would claim that it's not the best now, by just checking and comparing its price with other cryptocurrencies around, you would say that it's still king. Also, I think you're mistaking its current stability and non-changing price with weakness, which is certainly not the case, because even bitcoin experiences price halts and even slumps sometimes. It's just normal market movements.
adamski
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January 08, 2018, 08:28:22 AM
 #43

Markets follow always wave movements. I'm pretty sure, that we see in the next weeks or days a new bitcoin rallye and an increasing btc dominance to 60%.
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