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Author Topic: 80% BTC dominance by 2022  (Read 2144 times)
crenfrosck
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August 16, 2018, 07:33:17 PM
 #41

This is a quite interesting view of point to say, not many people are able to see the bigger picture in this time of "crypto depression." BTC has lost some trust of people during the last months, but people can very quickly forget it during another big bull run  Wink. But I think we will need much more exposure from retails and companies in general which will accept this kind of payments. I hope that another bull run will have a strong support of demand from this space rather than just a simple FOMO. And BTC dominance? Only time will tell, but it might have been on that level, why not? Even though BTC is more like a mascot of crypto space at the moment, improvements in its network can drastically bring people to its technology once again.

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Cashi
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August 16, 2018, 07:38:36 PM
 #42

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.
Well, this is very likely, BTC dominace is increasing again after a longer downtrend. The first steps we can see is ICOs having problems to collect enough money compared to previous ones. Most shitcoins will go near zero and the Bitcoin dominance will profit.

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August 16, 2018, 07:43:42 PM
 #43

We can guess whether the value of Bitcoin in 2020 is soaring, but I hope its value can be higher and higher, because I am a big fan of investing in Bitcoin.
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August 16, 2018, 08:06:24 PM
 #44

While there was a gradual decrease in the level of bitcoin capitalization from 94 to 32 percent. Only recently it has again risen to 50 percent. However, I think that the level of capitalization and dominance of bitcoin over other types of crypto-currency will continue to decline. Especially it will happen drastically if bitcoin's throughput continues to be low, and the transaction time and commission fee will not be the same as that of the advanced coins in this plan.
EvgeniyBH
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August 16, 2018, 08:34:01 PM
 #45

Altcoins move more than Bitcoin so if Bitcoin will rise then Altcoin will rise more so Bitcoin's dominance will go lower. Also we should take into consideration that will appear new Altcoins and some of them can be very successful.
cryptolord5
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August 16, 2018, 08:43:42 PM
 #46

well to me with what i m seeing i m not sure that the dominance could really make the market high that it was maybe %80 i can only gets to 30 or 40%
markieeeloy
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August 17, 2018, 03:30:04 AM
 #47

It is possible, considering the market price track of btc and to be based from 2018 to 2022, that's 5 years to go. So my guess, it would be a great jump of price of the bitcoin surely. But still that relies on the bitcoins market supply and demand for the customers.

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The_Dark_Knight
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August 17, 2018, 03:37:50 AM
 #48

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.
A bitcoin dominance of that size by that time makes perfect sense to me, or at least something close but at the same time I do not know if you are correct about your prediction about the value of bitcoin, I can easily see bitcoin reaching 50k by that time but unless the adoption of bitcoin explodes then I find very doubtful we are going to reach 6 figures in less than 4 years.
Dean_Jue
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August 17, 2018, 03:43:59 AM
 #49

I doubt whether cryptos will still be a thing in 2022. Look at the rate an which the price is falling. I dont think these coins are capable of making the recovery and reach tee levels which we saw in December 2017.
JQCrypto
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August 17, 2018, 03:53:46 AM
 #50

Inversely, I believe that BTC dominance will decrease below 30% by the end of 2022.
There will be much changes then.
May be a new coin with be created, with many advanced features it could gradually take over Bitcoin.
Inkdatar
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August 17, 2018, 04:01:43 AM
 #51

It is not certain if btc dominance by year 2022 could grow. Difficult times can judge or we dont know the predictions could meet by that year. Possibly less of 80% can reach or whatever price it would be but still bitcoin a chance of higher growth.
gharjas2517
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August 17, 2018, 04:05:49 AM
 #52

Bitcoin will reach 100K in a few years, but I don't agree with the judgment that Bitcoin will account for 80% of the market by 2022. It's possible that in a few years the community will be very large and there will be more altcoins in the market.
h0lybyte
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August 17, 2018, 04:08:52 AM
 #53

As the time passed, people have come to know about a coin named crypto but most of them don't realize the importance of Bitcoin and unfortunately get betray by some altcoin lovers.
It is quite possible that one day people will  come to know the importance of Bitcoin and make it 10x higher in value
askmecrypto
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August 17, 2018, 04:13:50 AM
 #54

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.

80% + BTC dominance is not new in any way.
BTC was dominating cryptomarket with 80% + and above till March 2017, post which there was a steep decline in its dominance seeing lowest at 33% in January 2018.
Currently BTC is aiming high again with 52% + dominance on current date.

But again, comparing BTC dominance to BTC price does not always makes sense. Yes, it shows how BTC is dominating the market, but a lot many times, a high BTC dominance is a positive sign for ALT season.
The Mass first purchase BTC so that they can accumulate ALTs on BTC pair too.
Vishnu.Reang
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August 17, 2018, 04:16:50 AM
 #55

You may not need to wait till 2022. During the past two months, the Bitcoin dominance has risen from 33% to 53%. At this rate, we may witness 70% to 80% dominance by 2019. It may even occur before the end of this year, but let's take a conservative scenario.
ralle14
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August 17, 2018, 04:20:21 AM
 #56

I somewhat agree with the other guys here. In the next 3-4 years there could be more altcoins that could reduce the dominance of Bitcoin. The continuous dips might not be enough to put Bitcoin's dominance back at 80% imo as altcoins are getting out of hand and it won't stop. I get that most of them are expected to be less valuable in the future but as these old coins go down there's new ones being made. My rough estimate is up to 55%-60% if Bitcoin goes above $100k and starts dips down after that.

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impulse709
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August 17, 2018, 04:24:48 AM
 #57

If bitcoin dominance back to 80%, than lots of altcoins and tokens will dead. These project will actually stop, not just price drop like these months. The crowd will start to decide which is the best for hold and which will need to avoid.
canaveralnonie
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August 17, 2018, 04:32:47 AM
 #58

If bitcoin dominance back to 80%, than lots of altcoins and tokens will dead. These project will actually stop, not just price drop like these months. The crowd will start to decide which is the best for hold and which will need to avoid.
Even right now, it's obvious that there's a lot of dead and shitty alternative coins around us. This is the wasted project with a weird and common idea about services and other stuff. We need to face that the crypto currency is too risk right now, and hoping that 2022 that already mention on previous post are need some regulations and rules for good.
AmberFlotilla
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August 17, 2018, 05:01:21 AM
 #59

I think so, because now bitcoin dominance has reached over 50% and will continue to increase, and to the fact that most coins will leave the market. There will be Bitcoin, Ethereum, and a few more coins.
Jamesdila1
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August 17, 2018, 05:02:40 AM
 #60

no its not going to happen. once BTC dominance was below 35% . when people see a stable BTC then they move in to alts for huge gains. also some experts predicts that BTC dominance may go below 20% in 2019 end

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