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Author Topic: 80% BTC dominance by 2022  (Read 2144 times)
cellard (OP)
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August 12, 2018, 06:27:04 PM
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I believe we'll go back to 2022 Bitcoin dominance by 2022.

The next halving should have put us past 6 figures, somewhere from $100,000 to $500,000 (to difficult to know where it will peak before the crash once we get past the 6 figure psychological barrier which is an huge accomplishment.. I predict tons of people getting rekt as they sell at $100,000 and open shorts expecting the price to crash right at $100,000)

By then the fact that most alts are scams should be obvious to even noobs and BTC will go back to the natural 80% balance as per pareto law distribution.

The alternative is there is a possibility we don't quite get past $100,000 and fall right before getting there, which would give us a a year or two of dipping before we actually get past $100,000 which will definitely crush altcoins.
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USDOLLAR
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August 12, 2018, 07:14:52 PM
 #2

It is hard to predict when and where it will be on the top, Some peoples have started to collect coins from right now with expectations for upcoming great future of BTC. They have hope BTC will sure come to back and with continue doing his great performance his share will reach up to the 80% of the crypto market in the coming years.
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August 12, 2018, 07:17:16 PM
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i dont understand how can btc dominance go that much up. bitcoin is not enough good to cover needs of the ecosystem. network size, transaction fees, speed etc are not good at all.
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August 12, 2018, 07:17:30 PM
 #4

I agree with your opinion and from now on I will leave alt, exchanging all the profits of my investment to become a btc. It may sound naive, but I believe and the dominance of bitcoin will start again after the upcoming halving and by 2022 bitcoin is already on the moon.
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August 12, 2018, 07:22:04 PM
 #5

I also do not believe we will see 80% BTC dominance.  there will be other projects which come along and hog up market.  Bitcoin will probably always be #1 but I doubt it will sport that high of a market cap ever again. 
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August 12, 2018, 07:26:41 PM
 #6

I agree with your opinion and from now on I will leave alt, exchanging all the profits of my investment to become a btc. It may sound naive, but I believe and the dominance of bitcoin will start again after the upcoming halving and by 2022 bitcoin is already on the moon.
Not only Bitcoin. In 2020, absolutely all currently existing alternative crypto-currencies will be on the moon
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August 12, 2018, 07:27:53 PM
 #7

I believe we'll go back to 2022 Bitcoin dominance by 2022.

The next halving should have put us past 6 figures, somewhere from $100,000 to $500,000 (to difficult to know where it will peak before the crash once we get past the 6 figure psychological barrier which is an huge accomplishment.. I predict tons of people getting rekt as they sell at $100,000 and open shorts expecting the price to crash right at $100,000)

By then the fact that most alts are scams should be obvious to even noobs and BTC will go back to the natural 80% balance as per pareto law distribution.

The alternative is there is a possibility we don't quite get past $100,000 and fall right before getting there, which would give us a a year or two of dipping before we actually get past $100,000 which will definitely crush altcoins.


We will not go because there is more and more coins added to coinmarketcap that are not comparable to bitcoin. They are not PoW. They are premined.  That coinmarketcap bitcoin domination is totally fake, since there should be many more groups of crypto and not mixed apples and pears together.  

In 2022 that coinmarketcap bitcoin domination will not be even 20%
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August 12, 2018, 07:32:33 PM
 #8

REAL investment in crypto not the fake caps you see on coin market cap puts btc at probably 70% already.

I don't trust any ICO cap on there. I bet you couldn't squeeze out more than 5% of that value to fiat before it hit zero

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August 12, 2018, 07:36:46 PM
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Trader's trust is very high in the future, that hope has grown since early 2018, but the possibility has not been seen until now

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August 12, 2018, 07:37:08 PM
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The domination of Bitcoin is not the main thing. The most important thing is that Bitcoin is used by people for ordinary payments. Bitcoin in any case will always be the most important and dominant crypto currency.
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August 12, 2018, 07:40:52 PM
 #11

I believe we'll go back to 2022 Bitcoin dominance by 2022.

The next halving should have put us past 6 figures, somewhere from $100,000 to $500,000 (to difficult to know where it will peak before the crash once we get past the 6 figure psychological barrier which is an huge accomplishment.. I predict tons of people getting rekt as they sell at $100,000 and open shorts expecting the price to crash right at $100,000)

By then the fact that most alts are scams should be obvious to even noobs and BTC will go back to the natural 80% balance as per pareto law distribution.

The alternative is there is a possibility we don't quite get past $100,000 and fall right before getting there, which would give us a a year or two of dipping before we actually get past $100,000 which will definitely crush altcoins.
Up to 100,000 there are many more barriers.And it's not a fact that everyone will sell, no one canceled greed.
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August 12, 2018, 07:58:05 PM
 #12

I think you're right that BTC dominance will increase but I'm not so sure it'll be as high as 80%.

A lot of things could happen in the next 4 years, it's very likely there'll be Alts that introduce improvements and/or innovation in technology as Ethereum did and I'm guessing the top 10 Alts will be very different in 4 years time.

Part of the problem at the moment is the sheer amount of Alts, ICO's etc that people invest in which will never succeed in the long term, if there were far less Alts it stands to reason more money would end up being invested in BTC, Eth and a few other top tier Alts.
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August 12, 2018, 08:00:44 PM
 #13

Not sure as more and more projects are developing on the market, and I think that BTC domination will decrease
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August 12, 2018, 10:57:01 PM
 #14

I think 80% is too high for dominance in the crypto market...... especially when guesstimating that far out into time.  2022 is a long ways away, and I think there are just too many unknowns to place such a heavy bet on one "chip".  From what I can see, there are quite a bit of problems that need quite a bit of solutions.  A lot more than 20% of a market can afford.
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August 12, 2018, 10:59:25 PM
 #15

I believe we'll go back to 2022 Bitcoin dominance by 2022.

The next halving should have put us past 6 figures, somewhere from $100,000 to $500,000 (to difficult to know where it will peak before the crash once we get past the 6 figure psychological barrier which is an huge accomplishment.. I predict tons of people getting rekt as they sell at $100,000 and open shorts expecting the price to crash right at $100,000)

By then the fact that most alts are scams should be obvious to even noobs and BTC will go back to the natural 80% balance as per pareto law distribution.

The alternative is there is a possibility we don't quite get past $100,000 and fall right before getting there, which would give us a a year or two of dipping before we actually get past $100,000 which will definitely crush altcoins.
Up to 100,000 there are many more barriers.And it's not a fact that everyone will sell, no one canceled greed.
If the cryptocurrency market continues to grow year by year, it is possible for Bitcoin to achieve great value. I am confident that this market will grow explosively in the coming years as the demand for crypto in the transaction grows.
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August 12, 2018, 11:12:50 PM
 #16

I believe we'll go back to 2022 Bitcoin dominance by 2022.

The next halving should have put us past 6 figures, somewhere from $100,000 to $500,000 (to difficult to know where it will peak before the crash once we get past the 6 figure psychological barrier which is an huge accomplishment.. I predict tons of people getting rekt as they sell at $100,000 and open shorts expecting the price to crash right at $100,000)

By then the fact that most alts are scams should be obvious to even noobs and BTC will go back to the natural 80% balance as per pareto law distribution.

The alternative is there is a possibility we don't quite get past $100,000 and fall right before getting there, which would give us a a year or two of dipping before we actually get past $100,000 which will definitely crush altcoins.

this is a strong prediction, but i would have prefer you back it up with some facts, currently bitcoin is below 6k now and i know bitcoin will still increase in price but 100k in price might not really be that achievable, maybe in a long long time.

losiva
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August 13, 2018, 11:45:28 AM
 #17

Seriously I wish bitcoin will reach such a price in the near future, if bitcoin will reach such price, it means that most altcoin will reach 5% to 10% of that price which will make a whole lot of people who will hold their tokens a millionaires
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August 13, 2018, 12:27:00 PM
 #18

Seriously I wish bitcoin will reach such a price in the near future, if bitcoin will reach such price, it means that most altcoin will reach 5% to 10% of that price which will make a whole lot of people who will hold their tokens a millionaires

exactly my thought, and this one of the reason it is good to always think long term, 2022 is just 4 years away from now, some might see it as a very long time but before you know it, it will come by, so it depends on what one wants, collect few hundreds today? or to collect thousands and millions in the future?

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August 13, 2018, 12:32:14 PM
 #19

There are a lot of scam coins in the market that will be de-listed eventually, there are also some nice project that will eventually have fully developed ecosystem and active community to power them, such project will have large market cap- bitcoin will remain dominant but may not be as high as 80 percent
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August 13, 2018, 12:41:04 PM
 #20

i dont understand how can btc dominance go that much up. bitcoin is not enough good to cover needs of the ecosystem. network size, transaction fees, speed etc are not good at all.
Rightly so, one would expect a lower dominance as the cryptomarket develop, bitcoin is not a very effective coin technologically, much of its price are purely sentimental. Maybe the bitcoin ETF can swing the balance to an unusually high dominance.
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