Increasing dominance of Bitcoin

[batang_bitcoin]

It's not question that the crypto dominance has its always biggest share to bitcoin.

Altcoins are failing in a way due to the ICOs who are the ones that's pulling their market down by having a lot of scams that makes the investors fear of investing.

Once bitcoin adds more percentage to the dominance, it will also be shared to altcoin market.

[Cemploon]

Since the beginning of the course already seen that bitcoin is indeed coins. even the bitcoin is able to defeat all of the existing altcoin. So it's no wonder if the current course bitcoin it feels to be the reference price for the other.

[Lorence.xD]

With every new token circulating in the market, they should add up some value and have their own share of total dominance by price.
But for some years, we are having an increasing number of new coins and tokens being traded but still bitcoin is increasing it's dominance.
According to coinmarketcap, bitcoin now holds a 42% dominance. i.e. the 42% of total capitalization of cryptocurrencies is that of bitcoin.
How is it possible? Are altcoins failing?

Bitcoin is itself considered a dominant digital coun in the whole crypto economy as you might have read that before bitcoin there was nothing to say crypto.
People are introduced with bitcoin first, later they are taught about altcoins and therefore it will remain dominant always

Bitcoin dominant status are based on the Volume of investment put in by the investors, high level of confidence, fundamentals, market structures, not to mention being all over the news on social media, print, broadcast media, Bitcoin is globally accepted and very strong on the crypto market. Remain number one among all the ALT coin as posted.

[$$$sparkles$$$]

With every new token circulating in the market, they should add up some value and have their own share of total dominance by price.
But for some years, we are having an increasing number of new coins and tokens being traded but still bitcoin is increasing it's dominance.
According to coinmarketcap, bitcoin now holds a 42% dominance. i.e. the 42% of total capitalization of cryptocurrencies is that of bitcoin.
How is it possible? Are altcoins failing?

Price wise, yes Bitcoin is really up there! And market cap is crazy. But these are just huge figures that we can initially see which gives us the impression (especially the new comers), "Hey, I think it would be pretty nice to invest in that currency!" Craze usually draws in a lot of people. But many of us fail to realize the profitability side of these coins. Bitcoin offers profit but it will take time and patience for that to happen because of its high price. Unlike with alts wherein most prices are flexible and offers a wider range of profit. So for me, alts are pretty much alive.

[alex-nn]

I think many investors is selling their altcoins for Bitcoin now to prepare Bitcoin's ETF to the moon after SEC acceptance. That is why dominance is growing and will continue to grow.

[giancarlo01]

With every new token circulating in the market, they should add up some value and have their own share of total dominance by price.
But for some years, we are having an increasing number of new coins and tokens being traded but still bitcoin is increasing it's dominance.
According to coinmarketcap, bitcoin now holds a 42% dominance. i.e. the 42% of total capitalization of cryptocurrencies is that of bitcoin.
How is it possible? Are altcoins failing?

Bitcoin is the King of cryptocurrency. The team behind Bitcoin is hard working and won't stop working amazingly. BTC will continue  its dominance until Altcoins succeed  in the crypto space

[Dinsdendo]

yeah, the altcoins didn't work. more than 80% of altcoins have lost their prospects and value.

[GangNamSK]

With every new token circulating in the market, they should add up some value and have their own share of total dominance by price.
But for some years, we are having an increasing number of new coins and tokens being traded but still bitcoin is increasing it's dominance.
According to coinmarketcap, bitcoin now holds a 42% dominance. i.e. the 42% of total capitalization of cryptocurrencies is that of bitcoin.
How is it possible? Are altcoins failing?

Price wise, yes Bitcoin is really up there! And market cap is crazy. But these are just huge figures that we can initially see which gives us the impression (especially the new comers), "Hey, I think it would be pretty nice to invest in that currency!" Craze usually draws in a lot of people. But many of us fail to realize the profitability side of these coins. Bitcoin offers profit but it will take time and patience for that to happen because of its high price. Unlike with alts wherein most prices are flexible and offers a wider range of profit. So for me, alts are pretty much alive.

I think this is still a nascent market, speculation in the market is dominating trading activity. I think this is only a matter of time, until people get to know the other applications, things will be different. There will be some changes on the way to the next, where those who do not fit will be eliminated and give way to more suitable projects.

[Psynthax]

With every new token circulating in the market, they should add up some value and have their own share of total dominance by price.
But for some years, we are having an increasing number of new coins and tokens being traded but still bitcoin is increasing it's dominance.
According to coinmarketcap, bitcoin now holds a 42% dominance. i.e. the 42% of total capitalization of cryptocurrencies is that of bitcoin.
How is it possible? Are altcoins failing?

Price wise, yes Bitcoin is really up there! And market cap is crazy. But these are just huge figures that we can initially see which gives us the impression (especially the new comers), "Hey, I think it would be pretty nice to invest in that currency!" Craze usually draws in a lot of people. But many of us fail to realize the profitability side of these coins. Bitcoin offers profit but it will take time and patience for that to happen because of its high price. Unlike with alts wherein most prices are flexible and offers a wider range of profit. So for me, alts are pretty much alive.

I think this is still a nascent market, speculation in the market is dominating trading activity. I think this is only a matter of time, until people get to know the other applications, things will be different. There will be some changes on the way to the next, where those who do not fit will be eliminated and give way to more suitable projects.

The trading is about speculating and it's 100% speculation activities. The community will welcome for those projects are creating a proper development phase. as you can see that more than 80% of icos have died and that means if those can't even compete with the existing ico (proper development)

[kwarto]

This is the main reason why bitcoin has a huge influence over all altcoin in the market. One thing contributing to the dominance of bitcoin was the new comer/investors, they use bitcoin as a gateway to the cruptocurrency world.

[kingzues09]

There are great influencer along the way. We need to contribute more so New investors/ Institutions would know what's good and bad in bitcoin regime
There's alot of speculation in the market but i'll make sure that bitcoin is the best coin to invest.

[fitzzz]

Bitcoin is the foundation of crypto thats why its dominating the world marketcap right now. All alts depends on the price of bitcoin. And bitcoin is the most widely accepted crypto in the world. And bitcoin is the crypto that can easily buy without going to any trading platform.

[leviathon]

Well get used to it. Bitcoin has always been the leading cryptocurrency and will continue to take the lead for a long time to come. Bitcoin has grown so much to the point that some altcoins can only hope to be. There is no way that any coin will be catching up with bitcoin let alone talk about overtaking bitcoin as the lead coin in the market. Altcoins are not failing, bitcoin is just better.

[iamreal]

It's because there are few bitcoin in circulation and and as more people buy and hold the bitcoin and more people looking to buy, the demand for it will make the price to be increasing.

[sourish]

Bitcoin defined crypto to begin with, all initial investments were made in btc and with its gaining popularity even subsequent ones. Even after alts entering the market btc held its own unreachable place, and continues to dominate the market as king.

[jennycarter32]

That always happens when the price drops, smaller coins drop faster.

[carlisle1]

With every new token circulating in the market, they should add up some value and have their own share of total dominance by price.
But for some years, we are having an increasing number of new coins and tokens being traded but still bitcoin is increasing it's dominance.
According to coinmarketcap, bitcoin now holds a 42% dominance. i.e. the 42% of total capitalization of cryptocurrencies is that of bitcoin.
How is it possible? Are altcoins failing?

Simple answer its because all coins before being converted to fiats must use blockchain thats the main reason why bitcoin dominance still growing and increasing

Until time that platforms from other coins has been allowed to be converted directly to cash there might lessen the domination of bitcoin in market cap

[Zaidaskin]

With every new token circulating in the market, they should add up some value and have their own share of total dominance by price.
But for some years, we are having an increasing number of new coins and tokens being traded but still bitcoin is increasing it's dominance.
According to coinmarketcap, bitcoin now holds a 42% dominance. i.e. the 42% of total capitalization of cryptocurrencies is that of bitcoin.
How is it possible? Are altcoins failing?

The strong bitcoin to this day shows bitcoin that has a larger number of followers than any other coin. They do not buy or sell in a hurry but are holding back or just planning it. Bitcon currently has a more mature market and most of the coins held by traders and funds are abundant. This will happen in the next few years.

[jokowo]

With every new token circulating in the market, they should add up some value and have their own share of total dominance by price.
But for some years, we are having an increasing number of new coins and tokens being traded but still bitcoin is increasing it's dominance.
According to coinmarketcap, bitcoin now holds a 42% dominance. i.e. the 42% of total capitalization of cryptocurrencies is that of bitcoin.
How is it possible? Are altcoins failing?

I do not see any coins capable of surpassing the value of Bitcoin in the future, but altcoin remains to be taken into account. Altcoins such as Ethereum, Litecoin, Bitcoincash, NEO, are able to behave like dollars, meaning Altcoins shows progress and not fail, even if it seems that Bitcoin is still very strong today. This competition will make all the coins to be constantly innovating.

[siap86]

With every new token circulating in the market, they should add up some value and have their own share of total dominance by price.
But for some years, we are having an increasing number of new coins and tokens being traded but still bitcoin is increasing it's dominance.
According to coinmarketcap, bitcoin now holds a 42% dominance. i.e. the 42% of total capitalization of cryptocurrencies is that of bitcoin.
How is it possible? Are altcoins failing?

The only reason is that Bitcoin is the longest coin in the crypto market. Secondly, the market trend that has made Bitcoin the strongest coin to this day, we know that people only know the name of bitcoin in the virtual world, they will be confused when hearing altcoin, ethereum etc. It is about the pioneer and the first to be a role model in the business world.