Is Bitcoin loosing its share

[mukthar139]

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%

[1715081369]

1715081369

[BitcoinPanther]

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. 

[ICO Lancer]

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]

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

[GeoDudeScho]

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.

[The_prodigy]

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

[bizul]

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]

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.

[HeRetiK]

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]

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

[rodgelampis]

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]

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.

[mukthar139]

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.

True bitcoin will not die as claimed by some people...But I think with stiff competition bitcoin need to upgrade itself and be in the race...If not I think bitcoin may loose its No.1 position

[Hirameki]

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%

I think its a natural event because investors  are realizing that they can have more profit if they invest in altcoin rather than bitcoin itself. But I dont think that the share of bitcoin will reduced to 20% since it is still the top cryptocutrency in terms of fame.

[Dapper]

It's normal for a first mover to lose marketshare without much additional innovation.   

[bee3164]

I think so. It's only a matter of time before ETH overtakes BTC marketcap. Purely due to its supirior product. Don't get me wrong, I am an investor of both, but BTC is too slow and too expensive. And also, with the up coming Casper update, ETH can moon. I am hoping Bitcoin will do something about this. They take way too long and no announcements are being made. Time to move on with the lighting network.

[gordeevaar]

I think that now more and more people are investing in alt coins and and Bitcoins is thus suffering.

[InahC]

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%

It's because lots of altcoins has a great potential and people wanted to gain from them as well, but sooner or later, when they gain a lot they will come back to Bitcoin. Because, Bitcoin the fiat of the cryptocurrency.

[SUDARMONO]

I rate for 2018 bitcoin will again repeat its success and will triumph as last year could even more, all we need is just be patient to wait for it to happen, I think so.

[Taqi Ahmad]

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%

I think bitcoin share will not be less than 20% at the end of 2018, even it will be more and more. We can see in the discussion of bitcoin system, many people still share about bitcoin although now it provide little than altcoin that's got by us. However, bitcoin is still higher as digital asset.

[Nerman]

That is normal as more and more coins are being created and being successful. That is really great for the market as we are presented with more option to invest on.

[google98]

In percentage terms it can be said that it loses its share.
Yet Bitcoin remains a major investment target.
And even by the end of the year will still be the market leader.

[mayronbirss]

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[vv181]

It's called a correction. Bitcoin price surges rose up so fast and so does the cryptocurrencies market cap, it has to come down sometime because it's just the nature of it. The whale and investor taking profit are expected when Bitcoin price is rising. I believe when the majority of people adopting Segwit and the lightning network being implemented The Bitcoin will gain momentum again.

[00DKM@]

In percentage terms it can be said that it loses its share.
Yet Bitcoin remains a major investment target.
And even by the end of the year will still be the market leader.

Yes bitcoin has been shared, now many other altcoins are born. Take up the bitcoin market share. Bitcoin is not the only virtual currency in the world. In the future, bitcoin must grow stronger to compete with other virtual currencies. If bitcoin does not develop, other virtual currencies will grow and gain more market share.

[angrygroceries]

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%

I think the problem here is just because investors are losing trust on Bitcoin cause of some stupid news from Goldman sachs and a scandal of money laundrying. So i think at the end of 2018 , everything would be cool again.

[pocketfullofpoke]

I think it just decrease a bit because of the crisis recently but if we look at its stat, bitcoin is recovering in all of its attributes including its dominance. No question about its share because when bitcoin is down, almost all cryptos are also down.

[Barbut]

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%

Great topic! Its 34.8% now, but it's going up and down couple percents in last couple months. I don't agree with most comments in this thread, bitcoin dominance will continue to go down cause two many new coins and tokens are coming out. Platforms like ethereum, waves and neo are not at maximum usage, this year more icos will come out ans each of them will take a little a bit od bitcoin domination. That will not happen until the end of this year, maybe couple more years will pass but I think definitely domination of bitcoin will go down and under 30% first and later even under 20%. I am even ready to put some bets on that, under 30% in next 3 years for sure.

[Saiful Islam777]

I think Bitcoin is still at its own pace. There will be an uppermost position in it, controlling all the positions in its own right and keeping it in its position. If Bitcoin lost its market, people still do not think about it.

[barneystinson]

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%

I dont think stating that it is already the end is too much, You can just think of it that people has taken profit last december. Those who bought at 5K USD probably shared their shares at the all time high of bitcoin. So stating that it is already the end this 2018 is too much. This price dip would just allow bitcoins price to grow more.

[Ozero]

Simultaneously with the overall share of capitalization, bitcoin lost some of its popularity at the same time because of its long non-eliminating shortcomings. Everything will depend on whether bitcoin can eliminate them, or not. Bitcoin will definitely grow in value and capitalization will increase. However, in my opinion, this is not the most important thing. The main thing is that bitcoin does not lose its popularity.

[Zyborg]

Yup BTC lost its value 40% after top height of $19783 on mid Dec-17.BTC entered into 2018 with much fluctuations due to some unwanted news like regulations rules,ban,ban on social media for BTC ads,but green signals are coming from different countries like Japan,Russia,Norway,Turkey to use BTC officially,after these its price is increasing and it may cross again $20k by end of 2018.

Scalability issue will also be overcome by the implementation of Lighting Network and Segwit,then more transactions will be possible in one second with lower fees,which will enable BTC to gain its lost value and will certainly BTC price will boost.