80% BTC dominance by 2022

[Andromada]

Honestly, I can not understand why think about such issues, who will dominate, who will be in the first place in capitalization, who will be the best cryptocurrency in 10 years. It is more important to think about what will happen with bitcoin tomorrow for example

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[iamreal]

I don't think btc can cover as much as 80% dominance by 2022, remember that as btc price go up other altcoins will go up as well, and most altcoin like ethereum which are utility tokens might have the high potentials to go high even more as more people use their network

[vallytech]

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.

Btc might not go up that dominance level of up to 80% of the total market cap by 2022, but it is possible that it might reach that price of 100k by 2022 which bitcoin ETF coming which will value bitcoin at much higher price, the price of bitcoin will go high

[Hui Ling]

I think so, because now bitcoin dominance has reached 50.8% and will continue to increase, so that other cryptocurrency will die and only bitcoin can survive.

[MetalEngine]

Everything goes to the fact that most coins will leave the market. There will be Bitcoin, Ethereum and a few more coins.

[Aminmon]

I agree with you that most ALT is useless.
Even with ETH, then leaving the ICO, then ETH is still a regular ALT.

[ekechie]

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. 

I totally accept your point, I don't think bitcoin dominance will reach that 80% by 2022, bitcoin might still remain the number coin by 2022 but there are a lot of coin that will share the market will bitcoin, some of the coins are not even yet created, so you made a point here.

[TerrorFromTheDeep]

This statement is interesting. I never thought about that, but now I should agree. Question is not about the scams only, resources of crypto investors is limited and they will exit from alts to invest in BTC.

[trade2winnn]

Interesting theory,just saying that much will payback in stores and everywhere with the help of VTS to be carried out,so we'll see,but I think it still needs age Altcoins to be very tion is a promising ISO,which really are of great value to society and prospects

[LuckyMan21]

Bitcoin is now the main crypto currency, but I would not invest only in it, maybe in a few years it will cost a hundred thousand dollars, but it may disappear altogether

[Camster]

It's hard to judge these things however I think more and more blockchain projects will come out and take market share.  I believe Bitcoin will be king for our lifetimes however I'm not sure it will have such a huge market dominance. 

[tonyosa]

Bitcoin dominance will reduce overtime, the present increase in dominance of bitcoin is not likely a reflect of what the future will be for cryptos, Investors are showing preference for bitcoin now because to huge uncertainty in the market

[tonyosa]

I think so, because now bitcoin dominance has reached 50.8% and will continue to increase, so that other cryptocurrency will die and only bitcoin can survive.

Bitcoin is not really very efficient when we consider efficiency, maybe as a store of value, it will remain number one but every day use will certainly go to another coin, maybe not yet in existence

[salad daging]

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.

I also believe in that but I also put the same trust in altcoins even though not all of them are good and most of them are fraud but I judge that altcoin and bitcoin have good opportunities in the future but it all depends on what the altcoin developer does

[passwordnow]

This is encouraging, the scenario that can boost btc dominance up to 80% by 2022 is halving.

If you ever met the halving last 2016, you have seen on how it boosted up the market few months later.

[grendel25]

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.

The only problem with your logic is that it is illogical when comparing market share history.  Ethereum has proven that other coins can substantially seize market share by being just as successful as bitcoin.  This is what happens with technology.  Microsoft didn't make windows.  They stole it and made it the number one used OS all over the world.  Who's to say some other coin won't do the same thing bitcoin has done but better?

Bitcoin is hugely important but its market share was also largely supplanted with ethereum market share with the ICO craze.  Necessity is the mother of invention and ask most people in the crypto community what we need and it won't be bitcoin market share.  What we need is other successful coins like ethereum to continue to be successful and to a large degree we are seeing this.  The other thing we need is stability.  bitcoin is a fine utility coin but better coins that will have assured stability will appeal more to mass adoption.  This may not be to bitcoin purists liking but that doesn't really matter.  A technology comes along like blockchain and it is the new jet engine of our times.  It will open up parts of the world that were previously blocked.  But bitcoin alone won't do this and the downward trend of BTC market share over the years is further proof of this.

[identifyuser]

Without taking into account external events, factors, I think that bitcoin will reach the level of$20,000 by 2022. But these calculations are obtained without in-depth technical analysis.

[lekleklek]

I'm very curious what BTC dominance will be in the future. I am sorta of the belief BTC dominance will top out somewhere around 80-90 percent.

[mariomerula]

It’s very hard to predict such a thing like this but I’m not sure that bitcoin dominance will increase more than this. It’s most probable that other coins like ethereum will gain dominance compared to bitcoin

[jrrsparkles]

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.

It looks like the process of dominance getting started even from this year,now the dominance of bitcoin increases to 53% which is more than last's years dominance and most of the altcoins prices were dropping which shows that people were converting from altcoins to bitcoin but we also need altcoins as well to have stale crypto currency system.