trudovik
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September 20, 2018, 12:43:34 PM |
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Yes, domination is growing on a very global scale, but what can be done about it and is it dangerous at all? I think that this is a normal reaction of people to the market, because very many people try to buy BTC, because they understand all the value and it's not dangerous
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Mr Batman
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September 20, 2018, 01:36:18 PM |
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I don't think so, because in 2022 the BTC dominance will actually drop below 50%, because people have switched to invest in altcoin.
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pharaon
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September 20, 2018, 01:50:05 PM |
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This post may be silly, but in fact in the industry of crypto-currencies everything can happen, especially in such a long period of time.
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chanler
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September 20, 2018, 02:11:54 PM |
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Is there any reasons why the market will reach it in 2022? Or it relates to the other Bitcoin forks? Well, I myself really feel curious about what will happen to the next bull run of the bitcoin because it will commonly influence the altcoin price. However, should we wait fro 2022? Hopefully it will come sooner.
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Opnsrc
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September 23, 2018, 05:26:53 PM |
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it is not a fact that BTC will strongly dominate with technology development. It seems to me that some of the alternative coins will be able to surpass it in capitalization. all rests on the applicability in real life, which will take faster, then grow.
Bitcoin will certainly dominate always but I do not think that this domination will reach 80%/ Now, it is about 51%, and in 2022 it might grow up to 65% but not more. Some of the altcoins are greatly valued as well.
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Ividanik
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September 25, 2018, 09:28:51 AM |
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I think bitcoin will get less dominant in future. It's true that many altcoins are scams, but there are many other coins who are strong and have better technology behind them comparing to bitcoin. These coins capitalization will grow as well and if you check in percentage you'll see that altcoin capitalization tends to grow faster than bitcoins.
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zeze18
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September 25, 2018, 02:36:15 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.
At the beginning of this year, many prediction said bitcoin will hit 50k - 100k USD at the end of the year. But something bad happen. So, becareful on investing in crypto, everything could happen in any condition
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mika1977
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September 25, 2018, 07:42:07 PM |
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Bitcoin after the full implementation of the lighting network can displace many altcoins. For example, LTC, DODGE etc
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JonnPilok
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September 25, 2018, 09:48:33 PM |
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It is very difficult for me to predict for such a remote time. But it seems to me because there will be a lot of new coins that can be faster and more technologically than bitcoin, the figure of 80% will not be achievable.
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minttop
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September 25, 2018, 09:52:11 PM |
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No way! 80% dominance is too much,I believe in future dominance will be decreasing ,because more and more coins will appear and some of them can suggest new technologies,so btc won't be dominant
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mazdafunsun
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September 25, 2018, 10:00:45 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)
This speculation is hard and in the same time fun to do. My view is that we will get to 100k someday, the timeline is uncertain and impossible to predict, it can happen organically or can be fueled by some big event like war or regular stock crash. The 80% mark could be a real number also since we all know that most alts are sh*t.
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avonka
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September 25, 2018, 10:02:39 PM |
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Agree on, that many altoins are scams and they will disappear from the market , but 2022 is 4 years from now and it is a long period in crypto. Until that some new star coins will appear with new technology and that is the process of crypto evolution. My prediction for BTC market share in 2022 is 15% - 20%
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sergey_vass
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September 25, 2018, 10:03:58 PM |
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I am not sure about such domination of bitcoin over altcoins, I think that the share of bitcoin will be 30-60 % of the entire capitalization of cryptocurrencies
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jhonjhon
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September 25, 2018, 10:25:20 PM |
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If crypto still alive, definitely Bitcoin will still consistently goes on the top among other. It's dominance today will remain and no other coin would take place over bitcoin. There is no doubt if it's capabilities to role over crypto market.
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hirngespenst
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September 25, 2018, 10:34:16 PM |
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I would agree with you if bitcoin react at 100K USD! Because if bitcoin gain that mark then a lot of altcoins will dead, therefore many shit coins will be dying! So, 80% bitcoin dominance will be normal! But if bitcoin can't reach 6 digits mark, then I have a doubt! Without such golden price, bitcoin won't make 80% dominance.
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judeafante
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September 25, 2018, 10:47:01 PM |
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It might happen the way things are happening in the cryptocurrency industry, Bitcoin proving to be the most dominant coin in the market and investors are losing trust on so many ICO and they will just pick a handful ICO to invest, unless we see a regulation where we will restrict those ICO that will not perform in the market.
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coinlocket$
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September 25, 2018, 10:50:06 PM |
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It depends a lot on different factors, if the market of ico will finally be regulated and if the fees finally can be managed in a better way than the current ones, the dominance will increase more and more. 80% I think it is a too positive estimate and I think it could only happen if the market will collaps, if instead the market grows I hope a maximum of 60%.
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imperatorbounty7
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September 25, 2018, 10:57:06 PM |
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my opinion is that the share of bitcoin will be only 10-20 percent, as I believe that now a lot of promising altcoins
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cryptoblazter
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September 25, 2018, 11:08:22 PM |
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Bitcoin dominance is really evident today but 80% dominace is a bold prediction. There is a lot of great altcoins that could dominate the cryptocurrency. BTC is the most recognize digital coins but ETH, BCH, and other also plays a huge role in the cruptocurrency world.
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@baoli
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September 25, 2018, 11:13:01 PM |
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I think this might be a very difficult one for bitcoin . predicting cryptocurrency is always a tough one though. Yes their will be dominance of btc but not 80%.
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