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Author Topic: 80% BTC dominance by 2022  (Read 2144 times)
alexgreen8012
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September 01, 2018, 08:24:21 PM
 #101

Bitcoin current dominance is around 50% of the total market cap. Its the most we have seen from a long time. Saying that btc dominance will be 80% by 2022 is an overstatement. If this happens, then altcoins will mostly fail.
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alp
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September 01, 2018, 08:30:02 PM
 #102

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.
Yes, he is not perfect, there are many altcoins that far surpass him. But he's the first pioneer, he's the least active. He was created early, and many of his equals. He is a legend of all cryptocurrencies. And of course I agree with you that the dominance of bitcoin will be 60-80%

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arthur305
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September 01, 2018, 08:34:35 PM
 #103

I really doubt that. We know bitcoin keeps getting better and better by the day but 88% of the market to be invested in only bitcoin is highly doubtable even in the next 40years.
goshay97
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September 01, 2018, 08:38:45 PM
 #104

I think Bitcoins dominance will most likely be closer to 10% than 80%.  With all the new coins coming to market even if they all just scrape a few 100k from the market cap it will become more and more difficult for Bitcoin to maintain a high percentage.  I do think it will be #1 even at 10% dominance.  
pobeda
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September 01, 2018, 08:49:19 PM
 #105

I very much doubt the dominance of bitcoin as much as 80%. The time of chaos in the creation of new coins is gradually passing - there are more and more really needed and used coins that will eventually pull a part of the blanket over themselves.
crimsongoth
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September 01, 2018, 08:58:07 PM
 #106

I think the probability of this prediction is very low. Of course, that doesn't mean it won't happen in the future. After all, everything is possible in this market.
Koadharber
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September 01, 2018, 09:14:30 PM
 #107

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.
No doubt on next halving we would able to see price of bitcoin would be certainly high but the number you had given aren't really too realistic on reaching those ranges for a matter of few years but I do agree on the fact when Altcoin do dumps and only a few would remain then btc dominance would really be certain but talking on the price I don't even believe that it would really be that easy.
ataki
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September 01, 2018, 09:33:04 PM
 #108

I think that 50-55% BTC dominance is a max for BTC at this moment  , but in 2022 it will be arround 20 -25 % as
many new coin will enter the market and some of them will become new top coins.
vladimirhf
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September 01, 2018, 09:39:26 PM
 #109

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.
Yes, he is not perfect, there are many altcoins that far surpass him. But he's the first pioneer, he's the least active. He was created early, and many of his equals. He is a legend of all cryptocurrencies. And of course I agree with you that the dominance of bitcoin will be 60-80%

in 2022? i'd say 20-30% they need to improve many things yet
btcefeyigit
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September 01, 2018, 09:39:45 PM
 #110

This balance is very important in the world of crypto currencies. I think if a dominace is 80%, many subcodes will die. so it should not be this way.
trainer67
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September 05, 2018, 04:05:38 PM
 #111

We can tell if Bitcoin's value in 2020 is going to rise, but I expect its value to be higher and higher, because I'm a big fan of investing in Bitcoin.
serejandmyself
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September 05, 2018, 04:12:54 PM
 #112

This is possible only if no new money will come to the market, otherwise it will be enough money for all the projects on the market. Fresh money should come anyway.

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xIIImaL
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September 05, 2018, 04:27:50 PM
 #113

This is possible only if no new money will come to the market, otherwise it will be enough money for all the projects on the market. Fresh money should come anyway.

If new money comes then how this is really takes the BTC dominance move up to 80 percentage or something and all mate. I see the useful of bitcoin will be there and at the same time bitcoin halving will be come this 2020 and at that time you will find the bitcoin will be reduced half in the circulation.
How it will be reaches that much dominance.
Already now bitcoin dominance with in this year with in this already at 52 percent.
TranPi16
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September 06, 2018, 02:21:51 PM
 #114

I do not think it will, because there are many better coin than BTC such as ETH it is developed on better technology, higher security, etc. So I think 80% of the market is dominated by BTC in 2022 is impossible.
raptorez
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September 06, 2018, 02:25:35 PM
 #115

Is this not predictable? Do you think that this can not just happen? I'm sure that it will be so because now many people who are panicking sell their Altcoins and very persistently start buying BTC
Faroxx
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September 06, 2018, 02:30:22 PM
 #116

I think that in 2022 will be dominated by the Ethereum and not bitcoin. I think Ethereum will dominate and have 70% of market capitalization. IMHO
thichtieuthuong
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September 06, 2018, 02:39:51 PM
 #117

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 the article you mentioned, although the bitcoin price has dropped dramatically but the theory that Bitcoin's price increase in 2022 is quite possible. And then the price of bitcoin can be millions.

posiandu
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September 06, 2018, 04:35:55 PM
 #118

Yes, I think that in the future bitcoin, however, will prevail over all other coins. And it is necessary to buy it for a long long time.
As one of the analysts said that you can invest and buy other coins, but only after you bought at least 1 bitcoin. On an extreme case =)
zxl912157
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September 12, 2018, 02:55:54 AM
 #119

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.

It's true that Bitcoin transactions are too long if you send from Exchange A to Exchange B, some confirmation is needed to arrive at the destination wallet.
But remember, in cryptocurrency there is nothing impossible because all cryptocurrency always gives a surprise.
Haynes
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September 17, 2018, 02:22:35 PM
 #120

That is not predicted by friends, because Bitcoin is not predictable.
Let the water flow from the mountain by flowing slowly and all markets will return to green with their own.
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