GymClassHeroes (OP)
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August 11, 2018, 08:35:21 AM |
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This got me wondering, anytime there is a fall in market capitalization, we have an increasing bitcoin dominance, current sits at over 50 percent, what will happen if the ETF gets approved, are we going to have bitcoin draining the entire market,since the ETF is primarily a bitcoin thing at the moment, Is it going to be say 75 % bitcoin dominance for a market cap of 1 Trillion dollars? What do you think? Good or bad for the market?
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talkbitcoin
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All I know is that I know nothing.
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August 11, 2018, 09:06:29 AM |
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it goes up and down like that because it is not bitcoin dominance.
and as long as there are altcoins with 100 million, to 100 billion coins in circulation among the calculations of "dominance" it will remain a useless characteristics to look at.
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agatha90
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August 11, 2018, 09:19:38 AM |
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In 2018 the market price for cryptocurrency will decline until the end of the year, and some predictors say that in 2019 bitcoin can reach $ 20,000 and even $ 64,000, that's very good news and must happen!
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bitterdog
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August 11, 2018, 11:56:16 AM |
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This got me wondering, anytime there is a fall in market capitalization, we have an increasing bitcoin dominance, current sits at over 50 percent, what will happen if the ETF gets approved, are we going to have bitcoin draining the entire market,since the ETF is primarily a bitcoin thing at the moment, Is it going to be say 75 % bitcoin dominance for a market cap of 1 Trillion dollars? What do you think? Good or bad for the market?
I think the domination of bitcoin will constantly increased as long as the popularity of bitcoin still dominant too. But, since the ETF also important in bitcoin, when ETF gets approved, im also wondering maybe its going to be 75% or more bitcoin dominance in market capitalization. |
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aso118
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★Nitrogensports.eu★
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August 11, 2018, 12:13:45 PM |
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This got me wondering, anytime there is a fall in market capitalization, we have an increasing bitcoin dominance, current sits at over 50 percent, what will happen if the ETF gets approved, are we going to have bitcoin draining the entire market,since the ETF is primarily a bitcoin thing at the moment, Is it going to be say 75 % bitcoin dominance for a market cap of 1 Trillion dollars? What do you think? Good or bad for the market?
You must remember that not long ago, before Ethereum gained prominence, that Bitcoin had a market dominance of over 90%. That has come down now, but Bitcoin is definitely capable of bouncing back. I think the ICO bubble has finally been burst and people will be a little more careful about where they invest. |
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tomward
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August 13, 2018, 08:58:28 PM |
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In future all the shitcoin will be vanish and BTC will be improve more then and altcoin also improve with BTC because altcoin is alternative of BTC.
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rileyhill
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August 13, 2018, 09:45:48 PM |
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Bitcoin is a digital currency its dominance has made a new record .It will be go very far it is not bad for the market the market will rise I hope and dominance can be 75 percent .
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burky156
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August 13, 2018, 10:21:08 PM |
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I can say "always" easly. The bitcoin is the first, biggest and strongest coin ever. It would never leave leading i am sure. The new coins (ICO's) would never reach the Bitcoins level, it is impossible. As we know in 2018 many ICO falls, all the investor loose money. So there will be no competition ever.
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Myown55
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August 13, 2018, 10:22:12 PM |
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It is said that nothing last forever but i trust bitcoin's lifespan is closer to eternity because the currency gets better and popular by day.
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✪GoWithMi - Mapping the World on Blockchain✪
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Zhamilya
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August 14, 2018, 10:05:40 AM |
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2018 is not a good year for bitcoin but i believe in 2019 bitcoin will reach $30000. Then it will become a global currency.
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nicster551
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August 14, 2018, 10:14:42 AM |
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This got me wondering, anytime there is a fall in market capitalization, we have an increasing bitcoin dominance, current sits at over 50 percent, what will happen if the ETF gets approved, are we going to have bitcoin draining the entire market,since the ETF is primarily a bitcoin thing at the moment, Is it going to be say 75 % bitcoin dominance for a market cap of 1 Trillion dollars? What do you think? Good or bad for the market?
It depends. Bitcoin dominance really do spike up because of the people transferring from altcoins to Bitcoin because they think that it is low now and Bitcoin would go up any moment. |
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Parala
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August 14, 2018, 10:15:00 AM |
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There are so many altcoins to compete with. Bitcoin itself pioneer of this crypto currency theme. So, if they get updated over the time then it is definitely may dominate it. But it will not harsh enough to all.because of the fact of decentralization.
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Ibizugbe1
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August 14, 2018, 10:33:45 AM |
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Bitcoin will always keep its dominance. Traders have more faith in it than any other coin. No matter what happens people try to first find safety in bitcoin before any other token.
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Hourpre
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August 14, 2018, 10:36:08 AM |
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In this year crypto market is not going well but i think next year market will rise again and bitcoin will hit $32000. If bitcoin reach this amount it will be a great achievement for bitcoin.
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allthebitandbobs
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August 14, 2018, 10:37:44 AM |
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if there a bull run money will flow back to the alts and bitcoin dominance will go down.Just people or waiting on the etf
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lolland
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August 14, 2018, 10:41:15 AM |
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This got me wondering, anytime there is a fall in market capitalization, we have an increasing bitcoin dominance, current sits at over 50 percent, what will happen if the ETF gets approved, are we going to have bitcoin draining the entire market,since the ETF is primarily a bitcoin thing at the moment, Is it going to be say 75 % bitcoin dominance for a market cap of 1 Trillion dollars? What do you think? Good or bad for the market?
That would be a Bitcoin price above 45.000 and that seems likely to happens when we get next bull run market, and I think we will get a bull market when most altcoins are getting dumped for Bitcoins. A ETF would be that push Bitcoins need to get a new all time high, righ now. |
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Dswaggers
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August 14, 2018, 10:51:32 AM |
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In 2018 the market price for cryptocurrency will decline until the end of the year, and some predictors say that in 2019 bitcoin can reach $ 20,000 and even $ 64,000, that's very good news and must happen!
Bitcoin wil dominance in the market always and by the end of this year bitcoin price will up high maye it will reach $25000 to $35000.I think bitcoin will make shock in cryptocurrency in the next year and it will be so excited to see how bitcoin dominate in crypto market. |
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hasimkamal
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August 14, 2018, 10:58:51 AM |
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It goes here and there like that since it isn't bitcoin predominance and insofar as there are altcoins with 100 million, to 100 billion coins available for use among the computations of "strength" it will remain a pointless trademark to take a gander at.
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Testament28
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August 14, 2018, 11:01:05 AM |
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We all witnessed how bitcoin dominate the crypto world this past few years. No to mention last year's skyrocketing value of it. It may went down a couple of notches this past few months. But one thing's for certain. It will surely rise up again and those dumpers and haters will surely regret their decisions.
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BTCisAngelCoin
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August 14, 2018, 11:21:08 AM |
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Actually BTC is the most famous coin in crypto market based on this it is not dominating whole the crypto market because there are lots of altcoins are there which are also good.
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