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ihaveaquestion
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August 31, 2018, 03:19:33 PM |
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BTC adoption is falling and it's dominance is rising because it has lost its place as a currency and is increasingly looked at a store of value, like gold. For that it is not necessary for every retail POS to accept Bitcoin, as you don't pay with gold for your grocery. But other cryptocurrencies, that are valuated based on bitcoin that stores that value, can be used in its place. And many cryptocurrencies are seeing increasing adoption and development, just follow the news on them and you will see. It's like a whole new financial ecosystem that is evolving. If someone pays for your crypto in BTC, it has value because BTC has value that is accepted by the general consensus of the ecosystem.
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"You Asked For Change, We Gave You Coins" -- casascius
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knggtrrz
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August 31, 2018, 03:29:54 PM |
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Btc is the father, it will take alts a little while to take over uncle btc, because btc has gain so much trust, and it's the most trusted cryptocurrency right now, hope you understand what that means
yeah right, bitcoin is really very popular and really gained huge price now so for me bitcoin will still take control of the market, also bitcoin is the basis of all price of cryptos. |
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Tunapress
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August 31, 2018, 03:37:01 PM |
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Bitcoin mostly controlled the cryptocurrency market because every time its price go up or down, the altcoins reacts. If bitcoin price go on correction or suffer a crash, the entire market becomes red. Bitcoin can easily influence the price movements of almost all altcoins and only few can manage to go up independently. The top cryptocurrency continues to maintain its largest market capitalization.
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2408AAY
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August 31, 2018, 09:17:48 PM |
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I don't doubt altcoin because some altcoins do have the potential of growing into one of the most promising coins in the future but bitcoin remains king of cryptocurrency irrespective of its challenges. It's able to meander its way through the market.
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Jupeter
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August 31, 2018, 10:35:38 PM |
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I think in the end bitcoin will give its first place what ever altcoin (e.g. ETH) and die. Bitcoin does not bring anything new now, there are more perfect coins than bitcoin and I think they will win.
Bitcoin is controlling the market for many years and it will still control the market in the future because bitcoin will continue to be more stronger and when the value of will rise again there is no doubt tthat it will definitely control the market. |
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Seunbabatunde
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August 31, 2018, 11:53:49 PM |
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To me bitcoin can easily speed up the price movements of almost all altcoins and only few can manage to go up independently. The top cryptocurrency continues to maintain its largest market capitalization.
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BertoloyBTC
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September 01, 2018, 12:10:07 AM |
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As we look at the market, we can already determined that the bitcoin is the one controlling the coin market cap, the altcoins are just ways have to follow the bitcoin trend because bitcoin is of high value coins which is referrence of some altcoins in terms of value.
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reality18
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Earn more with Earn Network
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September 01, 2018, 12:12:38 AM |
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Bitcoin is already controlling the market despite the numerous altcoins on the market. Bitcoin has shown a great difference even in terms of market capitalization and it appears to maintain this value for quite a good number of years.
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boss1dg
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September 01, 2018, 12:30:46 AM |
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With more than 50% dominance bitcoin showing its real power , caused huge dip to all top alts . i can see more dominance if btc fall below all time low of 2018 . at 55-60% dominance of BTC you must buy best alts and they will provide you x3 to x10 returns once btc will back to 35-40% dominance .
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DoublerHunter
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September 01, 2018, 01:05:32 AM |
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With more than 50% dominance bitcoin showing its real power , caused huge dip to all top alts . i can see more dominance if btc fall below all time low of 2018 . at 55-60% dominance of BTC you must buy best alts and they will provide you x3 to x10 returns once btc will back to 35-40% dominance .
That is right, that is the best thing to do when bitcoin is on the huge dominance in the market, we should be buying altcoins in that moment because it means that the price of the altcoins are very low and buying them is a must because it is a good opportunity to double or even get a higher multiplier for our investment or capital. |
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kakaty
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September 01, 2018, 03:18:17 PM |
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It's a bitcoin strength in the market.It is the learge market community that will control the current market conditions.
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Sam San
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September 02, 2018, 05:27:49 PM |
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With more than 50% dominance bitcoin showing its real power , caused huge dip to all top alts . i can see more dominance if btc fall below all time low of 2018 . at 55-60% dominance of BTC you must buy best alts and they will provide you x3 to x10 returns once btc will back to 35-40% dominance .
bitcoin is now the first currency to buy selling altcoins, this is its main function in the market. now it is better to be in bitcoin, when it will start all the violas will sink. |
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Zigzagkuy
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September 02, 2018, 05:33:04 PM |
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I think that controlling the market is bitcoin. Why did I say that? because bitcoin has a large number of marketcaps and I think bitcoin is the one that controls the market. Bitcoin is very strong for that. So it's not impossible for bitcoin to control the market.
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bits4books
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Crypto is not a religion but i like it
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September 04, 2018, 09:53:08 PM |
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Bitcoin is the one and only, I dont think that in near future something will take its place on the top, yet I`m not seeing something capable to do this for now.
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messito
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September 04, 2018, 09:58:18 PM |
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I'm sure that bitcoin will exist along with other coins, but no one will remove the bitcoin from the first place. so bitcoin will remain king of the crypto currency
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Derizo
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September 06, 2018, 05:21:50 PM |
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Bitcoin has more power in the cryptocurrency world than all the altcoins combine. If you take out Bitcoin from the frame, then people will stop investing in the cryptocurrency market. There are various altcoins with a lot of potential but none of them come close to Bitcoin.
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BIOX
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September 06, 2018, 06:39:37 PM |
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In my opinion BTC is the only currency that can save the whole market. Almost every altcoin depends on BTC a lot so they just follow their leader.
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Blueshark696
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September 08, 2018, 03:53:50 PM |
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Although the price of bitcoin is decreasing i think very soon situation will change.
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thichtieuthuong
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September 08, 2018, 04:14:19 PM |
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Our crypto market has existed and developed indispensably Bitcoin and since its inception so far. Bitcoin decides everything on price and development strategies. As Bitcoin increases and decreases all Altcoins decrease with and vice versa.
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Coongcoonggg
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September 09, 2018, 08:26:32 AM |
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There's a time when crypto so unforeseeable the changes on the chart as if it almost control the whole market, this is how the market works no one could predict such a move and insight to the movement maybe someone could if they are smart enough to calculate the idea of whole chart history and news, past news and so on.
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