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Bitcoin Dominance Falling Again
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Topic: Bitcoin Dominance Falling Again (Read 122 times)
costumestudios
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Bitcoin Dominance Falling Again
December 31, 2017, 01:48:09 AM
#1
Bitcoin has had a triumphant year, climbing parabolically to new heights, and seeing its dominance rise with it, but within the last couple weeks it has once again fallen to 38%, a position Ethereum and the ICO boom put it in during the summer. Will Bitcoin dominance continue to fall or will the sleeping giant awaken once more?
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MinerHQ
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Re: Bitcoin Dominance Falling Again
December 31, 2017, 02:01:49 AM
#2
If anything goes up a lot has to correct at some point. Now bitcoin is under correction and due to all governments started to regulate bitcoins, a lot of pending or slow confirmation and high withdrawal fees making people think about investing in bitcoin. Once all these things settled then again we can see bitcoin boom but may not happen so soon.
Partizanai
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Re: Bitcoin Dominance Falling Again
December 31, 2017, 02:05:55 AM
#3
Quote from: costumestudios on December 31, 2017, 01:48:09 AM
Bitcoin has had a triumphant year, climbing parabolically to new heights, and seeing its dominance rise with it, but within the last couple weeks it has once again fallen to 38%, a position Ethereum and the ICO boom put it in during the summer. Will Bitcoin dominance continue to fall or will the sleeping giant awaken once more?
Someone has said that one blockchain cannot rule them all, o i think bitcoin will stay number 1, but dominance will stabilize at 33%. This is only my opinion
Indrawan77
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Re: Bitcoin Dominance Falling Again
December 31, 2017, 05:03:10 AM
#4
Vitcoin will rise again, there are a lot of attempts to make bitcoin fall down, I know it's frustrating to see bitcoin keep on falling down, but we have witnessed it keep on rising few months before and it still got a very good value, bitcoin will awake again just need more time and maybe more support for this giant
gilangIDR
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Re: Bitcoin Dominance Falling Again
December 31, 2017, 05:14:11 AM
#5
Quote from: costumestudios on December 31, 2017, 01:48:09 AM
Bitcoin has had a triumphant year, climbing parabolically to new heights, and seeing its dominance rise with it, but within the last couple weeks it has once again fallen to 38%, a position Ethereum and the ICO boom put it in during the summer. Will Bitcoin dominance continue to fall or will the sleeping giant awaken once more?
I see that what happens today can be said to be a normal thing. The decline in bitcoin prices is inversely proportional to the increase in bitcoin prices, so we all still have a chance. There is still a chance for an increase in bitcoin prices, there is a very high chance for a positive move. We should be able to convince all parties to continue to trust bitcoin, because then the bitcoin will get a positive sentiment that can make bitcoin prices increase.
gidaahmad
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Re: Bitcoin Dominance Falling Again
December 31, 2017, 05:31:17 AM
#6
No problem, this is just a correction End of the year. Prices will return to normal within the next few days. Hopefully this does not affect other Altcoin.
LSt56
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Re: Bitcoin Dominance Falling Again
December 31, 2017, 05:41:12 AM
#7
Quote from: costumestudios on December 31, 2017, 01:48:09 AM
Bitcoin has had a triumphant year, climbing parabolically to new heights, and seeing its dominance rise with it, but within the last couple weeks it has once again fallen to 38%, a position Ethereum and the ICO boom put it in during the summer. Will Bitcoin dominance continue to fall or will the sleeping giant awaken once more?
it is something that has become a habit in the previous year's year when stepping on the end of the year bitcoin prices always go down, and will start creeping up again after the turn of the year.
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Psynthax
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Re: Bitcoin Dominance Falling Again
December 31, 2017, 05:42:18 AM
#8
Quote from: gidaahmad on December 31, 2017, 05:31:17 AM
No problem, this is just a correction End of the year. Prices will return to normal within the next few days. Hopefully this does not affect other Altcoin.
This is not' Please do your deep research about this one, Ripple surpassed ethereum which makes the bitcoin dominance got eaten by ripple too. that means demand is moving to the ripple. People thing bitcoin gonna die caused by its ridiculous fees. But this is just my analyzation
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Heyyyrenz
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Re: Bitcoin Dominance Falling Again
December 31, 2017, 05:59:46 AM
#9
I thinks there's no answer with that there's no 100% assurance that will bitcoin will be back to normal, I've been here in the cryptocurrency industry for almost 8 months and i've seen the bitcoins price goes up and down but the difference if you're going to compare about the price hike of the bitcoin this past few weeks where bitcoin reach it's highest peak and the past price hike, is that the bitcoins price really goes up uncontrollable and right now it's goes down and down.
We're not sure if the bitcoin will recover it's lost and if the bitcoin will ever surpass it's last peak but if we really want to earn profit then we should really face the risk and follow our guts. But we should know the consequences/risk we're going to face so that we're not going to regret on what may happen in the past few days, week or month.
Reid
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Re: Bitcoin Dominance Falling Again
December 31, 2017, 06:09:14 AM
#10
It will be awaken. Bitcoin is just a sleeping monster that needs some rest.
I believe that those new heights it had already reached can be easily touched again.
Just like before tgere was a time it was at $900 already then went back to $400. This is just the same and also just like the numbers. Just added $10k.
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