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Author Topic: 80% BTC dominance by 2022  (Read 2144 times)
Ade A Aziz
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August 27, 2018, 11:21:52 AM
 #81

The 80% dominance seems a little unbelievable and impossible.

Why? If it is possible for the figure to reach 54% from 33% in a few months, don't you think that it may be possible to reach 80% from 54% in a few years? Anything is possible with crypto.

Yes, it is indeed possible, however, bitcoin is king and will continue to dominate. However, if Altcoin recovers or there are even really strong competitors to fight bitcoin, the story will be different.
There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, which will follow the rules of the network no matter what miners do. Even if every miner decided to create 1000 bitcoins per block, full nodes would stick to the rules and reject those blocks.
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udayantha11
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2023 would most likely be as bearish as 2022


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August 27, 2018, 11:33:11 AM
 #82

we can not guarantee the results ,  but due to acceptance of the btc there will be big dominance. we will see what will happen.

we all need universal power and cyclist of Everything
-2023 would most likely be as bearish as 2022-
=BTC will make it, but might be a long winter=

Stronger the storm, brighter the rainbow
Vit83
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August 27, 2018, 11:44:43 AM
 #83

IMHO this can happen only if we will see smart contracts on BTC blockchain) Till that time 60%, in my opinion, is maximum what we will see.

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August 27, 2018, 11:49:01 AM
 #84

I am not really sure about 80% dominance.
In my opinion 70% is maximum for BTC. Or 90%+ if all other alts will crash someday.

Just wondering, if BTC will be 100k$, how much will be ETH?  Roll Eyes
AVAMONEY
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August 30, 2018, 02:56:38 PM
 #85

I admit that bitcoin is currently the main coin and is the strongest, but for the 80% word it is very much. Because in the next year I think there will be more and more new altcoins popping up, so it could be that some of the altoins can also be powerful and no less powerful. Maybe 60% will be my chosen number for the dominance of bitcoin going forward.
uniquark
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August 30, 2018, 07:48:23 PM
 #86

I am not really sure about 80% dominance.
In my opinion 70% is maximum for BTC. Or 90%+ if all other alts will crash someday.

Just wondering, if BTC will be 100k$, how much will be ETH?  Roll Eyes

Actually, I do not care how much Bitcoin dominates the market. My concern is that all altcoin prices have gone up, and the highest level the market has achieved is $ 800 billion at the beginning of the year, I expect it will reach $ 1000 billion next year.
derinmertmert
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August 30, 2018, 08:07:53 PM
 #87

btc may seem like the real dominance of the market. but his dominance is not so persistent yet. half of the market volume will not be enough for this.
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August 30, 2018, 08:12:35 PM
 #88

Not possible for Bitcoins to capture 80% dominance of the market by 2022. There are a lot of coins that are fighting for the dominance of the crypto market with bitcoin and I think the current 44% dominance will be reduce by the end of the 2018.

Himanshu111
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August 30, 2018, 08:14:03 PM
 #89

I am not really sure about 80% dominance.
In my opinion 70% is maximum for BTC. Or 90%+ if all other alts will crash someday.

Just wondering, if BTC will be 100k$, how much will be ETH?  Roll Eyes

Actually, I do not care how much Bitcoin dominates the market. My concern is that all altcoin prices have gone up, and the highest level the market has achieved is $ 800 billion at the beginning of the year, I expect it will reach $ 1000 billion next year.
I guess this can happen but not in 2022 as this is too early.This is because bitcoin's price is down from a long time now and is not able to recover.But recently we are seeing a bit rise in the price of bitcoin.The users of bitcoin are also increasing.The investors are also getting good rates of profits in a shorter time period.But whatever happens bitcoin will remain the father of all the cryptocurrencies as no other altcoin has the ability to overtake it.
DiamondsAndCoins
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August 30, 2018, 08:15:19 PM
 #90

I believe Bitcoin will always hold the number 1 spot (at least in my lifetime) however I believe it's dominance will be going down not up as time goes on.  With more and more coins coming out some will stick with great ideas.  This will slowly erode Bitcoin market dominance. 

kashkarev55@mail.r
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August 30, 2018, 08:16:32 PM
 #91

I agree with cellard. Now the market is just at 2 stages, the stage of screening and application of cryptocurrencies in the real economy. In a couple of years, the market will adapt and a sharp jump will begin, I think that the crypto market will reach a capitalization of 1 trillion.
Rockkey
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August 30, 2018, 08:40:03 PM
 #92

Maybe everything will not be exactly as the topicstarter says. Among the altcoins there are also a lot of very unusual and necessary projects. It seems to me that this bitcoin market will continue to grow with the altcoins.
bitivan
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August 30, 2018, 08:44:10 PM
 #93

In my opinion, in 3-4 years dominance of Bitcoin will be much lower than now. Today there are so many exciting projects and in several years the majority of them will achieve big results.
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August 30, 2018, 08:44:27 PM
 #94

Its a possibility though there are a lot of new projects ongoing, btc is still the favorite and no one can overtake btc regarding its popularity. I just hope that btc will start going up now and get back in the right track.
EvgeniyBH
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August 30, 2018, 10:34:11 PM
 #95

We will see more and more new altcoins every day. Some of them will really great. Blockchain become more popular and usable day by day. So I think Bitcoin dominance can't be 80% in 2022.
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August 30, 2018, 10:45:14 PM
 #96

I believe that too! 2020 will be a turning point for the crypto market. We will witness miraculous growth!
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August 30, 2018, 11:28:32 PM
 #97

Bitcoin is already quite dominating at present. But then this speculation is yet to be seen. How nice will it be for Bitcoin to land on a 6-fig price?! Just imagine about the long time holders if this happens! It would be quite crazy! It is quite difficult to get good profit with Bitcoin today due to its price especially for late adaptors. Which is why one must set his mind for long term if he wants to join the BTC ride.

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August 30, 2018, 11:34:43 PM
 #98

Not bad, but mcafee say $1,000,000 bitcoin price in 2020 so he absolutely lie? I dont trust him again

andthereyou
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August 31, 2018, 12:00:03 AM
 #99

In my opinion that's impossible. If people think that altcoin is scam then the usefulness of cryptocurrency will be limited. We knew that altcoins has been solving the problem that bitcoin could not.
Kaller
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September 01, 2018, 08:21:38 PM
 #100

There are a lot of coins in the market right now and I take it that by 2022 there will be even more coins in the market which would make it impossible for bitcoin to have that much dominance in the market. The truth is that bitcoin is always going to have the highest dominance in the market but I do not believe that the dominance can get to 80 percent at any time.
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