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Author Topic: 80% BTC dominance by 2022  (Read 2184 times)
Ulya63
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September 27, 2018, 02:20:51 PM
 #181

On the idea, if so, then almost all the altcoins will die by that time. And it is unlikely that large investors will allow this because it is easy to manipulate any altcoin than bitcoin. Altcoin will be on the market for a very long time, even forever, such as ethereum or ripple. If we survive until 2022, then we will see how everything will be realized.
Betwrong
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September 27, 2018, 04:26:58 PM
 #182

it is not going to happen unless you stop calling market cap dominance Cheesy

otherwise as long as people use market cap as dominance and as long as it is super easy to create billions of shitcoins by clicking a button then bitcoin's dominance will continue to go down. by 2020 at least we will see  10000 altcoins with a total supply of probably around a thousand-trillion and bitcoin even with its price at $1 million won't even be able to have a market cap to compete with that much supply. Cheesy

Is this true? I mean, I heard similar explanations before but I always doubted them. If it was so easy to create a sh*tcoin with whichever marketcap you want, why we never see any of them in the top 20 on CoinMarketCap? I'm not sure if I'm right, but I think that it's not that easy for your coin to be even listed on CoinMarketCap.

For example, when you want to add a coin you have to answer the question:

Quote
Is the cryptocurrency currently traded on at least 2 exchanges listed on CoinMarketCap.com?

And if the answer is No, then your coin will not be even considered for adding.

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JonnPilok
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September 27, 2018, 09:59:36 PM
 #183

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%.
I agree. I also think that domination will be, but not so great. Domination in 50-60% is real, but the market will not allow more because now there are such leaders as Ripple and soon there will be even more.

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September 27, 2018, 10:17:46 PM
 #184

80% dominance is one of possible scenarious , as well as 30% , or 20% . In theory , a few very strong altoin projects may appear in the future that will be widely used by large companies and they will take away a very large part of the btc capitalization . So 20% of dominance seems to me a more likely scenario for future of crypto .

Kasabus
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September 27, 2018, 10:34:23 PM
 #185

It is not possible to predict accurately but I do feel with lots of scam alts being washed away in future there will be some handful of altcoins which will hold significant dominance because it has to be that otherwise if we say 80-20 dominance of bitcoin then we are indirectly quoting that cryptocurrency is all about bitcoin only which is not the fact we want to be carried away in the future. Bitcoin has its significance and it should always dominate the market but not with that much difference.
The dominant power of bitcoin still remain, I'm pretty sure of that. The continuous growth of bitcoin indicates it power and capabilities to lead crypto market and be known to everyone. We can imagine how crypto came like these just because of this coin and all altcoins are just having a big support for its success.
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September 27, 2018, 10:36:28 PM
 #186

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%.
I agree. I also think that domination will be, but not so great. Domination in 50-60% is real, but the market will not allow more because now there are such leaders as Ripple and soon there will be even more.
You may see it as something hard to achieve right now but time will tell that bitcoin should be the only coin that must be pumped by the market.

And 80% is likely but we don't know when that can be seen. Right now, with a various choice of altcoins it really looks impossible but there's a chance that it will.

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cotton ball
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September 27, 2018, 10:36:53 PM
 #187

If you look at the current data, BTC dominance is still around 51% and the current price is under $ 7000 if later in 2022 the dominance of BTC 80% I just predict that the price will only reach $ 50,000 even if 2020 is good news with BTC due to 2022 still very far we better talk about the fate of BTC 2020 later.
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September 27, 2018, 10:42:07 PM
 #188

80% of bitcoin dominates in 2022. I do not know if this has come true? If it happens then investing in bitcoin now benefits later. But the price of bitcoin is decreasing and everyone is bold until the year 2022. I intend to give up bitcoin if I sell out my bitcoin.
masterchief001
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September 27, 2018, 10:49:04 PM
 #189

As if to 2022 have up to 80% of the bitcoin system value, the bitcoin continues to grow. The decrease in the price of bitcoin this year, nothing disturbing. Bitcoin will increase, please wait patiently.
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