Bitcoin has 54% of the cryptocurrency market

[Babatunde1989]

This is a sign that bitcoin won't die, contrary to the opinion of many. Bitcoin's haters simply can't discount its use case, and they can't thwart the demand for it. Its value will rise.

[cosmicart]

Yea Right? Bitcoin is like the mother of the cryptocurrency market, it's impossible to do without it. people should understand this.

[KeezAZA]

This is the thing that helps me to keep calm and simply believe in the BItcoin. Because if it will about to die or perish soon, it will not keep the dominant anymore.

[koldir]

For those of you that think that Bitcoin is going down this article proves that it's still the strongest in the cryptocurrency world. Not since December 2017 has Bitcoin been such a dominant part of cryptocurrency.

Full article here: https://bitcoinist.com/cryptocurrency-market-54-bitcoin/

Well, this is quite a powerful indicator at the moment, so this coin shows its potential in the crypto-currency market, and does not yet give to its consumers, because when buying it also has a risk.

[felicita]

yes current Bitcoin   dominance: 53.1% .
That is very great in my opinion becourse i am a only Bitcoin lover
most altcoins are totally central and there is still no need for an other coin.
Becourse bitcoin will always get updated as it was with the lightning network!



kind regards

[Bonsaiav]

Because until now bitcoin has been regarded as a currency that's quite popular to be used as a medium of exchange in the real world even though its real function's as a digital currency. However, the increasing popularity of bitcoin a lot of criticism from the government which began to emerge regarding the use of this virtual currency. Some even say that there will be danger which arises because of bitcoin. This thing happens because bitcoin is considered to have no intrinsic value no authority regulates it and can be misused to make illegal transactions.

[messito]

someday there will come a day when some other will shift the bitcoin from the first place and it is very interesting at that moment to observe the market

[bjmpoker001]

For those of you that think that Bitcoin is going down this article proves that it's still the strongest in the cryptocurrency world. Not since December 2017 has Bitcoin been such a dominant part of cryptocurrency.

Full article here: https://bitcoinist.com/cryptocurrency-market-54-bitcoin/

Indeed, the dominance of bitcoin is still on above 50% in the market.
I guess it is no wonder that bitcoin price is not going down in this bear market for past weeks.
Maybe because the bitcoin ETF ? Lets see what will happening if btc ETF has been approved.

[armarsterling7]

For those of you that think that Bitcoin is going down this article proves that it's still the strongest in the cryptocurrency world. Not since December 2017 has Bitcoin been such a dominant part of cryptocurrency.

Full article here: https://bitcoinist.com/cryptocurrency-market-54-bitcoin/

By the end of 2017, its market share was more than 70%. Currently it only fluctuates at 60% and this is really a downward spiral. But I believe that Bitcoin is still very valuable at this point. It is only underestimated and affected by the surrounding economy.

[maydna]

so we don't have to be afraid for the negative news that saying bitcoin will fall too deep as bitcoin still leading the cryptocurrency market. and if in the last year, bitcoin price can increase for $19k then at this end of the year, I think the price can get up again and maybe the price can reach that number again or less than $19k and in the next year, the price can reach more than $19k. and if there is any positive news for bitcoin, it will push the price to the higher price but I don't think that the price will go down too deep if there is any negative news release.

[Caladonian]

For those of you that think that Bitcoin is going down this article proves that it's still the strongest in the cryptocurrency world. Not since December 2017 has Bitcoin been such a dominant part of cryptocurrency.

Full article here: https://bitcoinist.com/cryptocurrency-market-54-bitcoin/

By the end of 2017, its market share was more than 70%. Currently it only fluctuates at 60% and this is really a downward spiral. But I believe that Bitcoin is still very valuable at this point. It is only underestimated and affected by the surrounding economy.

Still the basis currency inside this market, and popularity also raising more those negative news are holding for a while but indeed bitcoin still
dominating and making its bounce back, just be optimistic in anyhow and enjoy the rest coming out from this investment currency.

[blindminer]

so we don't have to be afraid for the negative news that saying bitcoin will fall too deep as bitcoin still leading the cryptocurrency market. and if in the last year, bitcoin price can increase for $19k then at this end of the year, I think the price can get up again and maybe the price can reach that number again or less than $19k and in the next year, the price can reach more than $19k. and if there is any positive news for bitcoin, it will push the price to the higher price but I don't think that the price will go down too deep if there is any negative news release.

19k by the end of the year sounds reasonable to me. Right now we are deep at the bottom but if you look at historical data and connect the dots this is a very realistic scenario. In Q4 we should see another bullrun, I think it will not be as strong as last years Q4 but I am sure we see a strong recovery by then.

[Gboytee]

Indeed bitcoin is still strong than any other coin. Even by the end of September, we should be expecting something goods. The $19,000 can be exceeded if the target is achieved.

[wxa7115]

Yea Right? Bitcoin is like the mother of the cryptocurrency market, it's impossible to do without it. people should understand this.

But it is impossible to convince some people of this because they have an interest in believing otherwise, many of the people that want bitcoin to be taken out of the top spot in the market cap have that opinion not because they believe the coin they support is in fact better than bitcoin, the reason they want their favorite coin to take the spot of bitcoin is because they want to earn money, greed has taken over their minds and they are only thinking about the possible profits they can get.

So even if you present to them the evidence that while we are in the bear market bitcoin does nothing more but to strengthen itself and that altcoins get weaker they will try to find a way to rationalize that as a negative point for bitcoin.

[brotherwood12]

yep , still become the strongest cryptocurrency , with huge of demand and support . just wait till the time that bitcoin price will rise again , HODL

[alexgreen2018]

Yes, during the recent market crash most of the people has pulled out their money from altcoins and invested in either bitcoin or tusd. Bitcoin has been stable over 6k but the same cannot be told for altcoins which have taken hit pretty badly.

[ladyinredcoins2018]

It is a normal development that Bitcoin is getting stronger in a sustained bear market. Alts are getting destroyed and people flee them in masses. But most don‘t want to leave crypto, so bitcoin is a safe haven for the time being. Just don‘t be fooled and think this is going to stay like that.

True, contrary to black propagandist movement claim that it would die it will instead becomes stronget every year.

[tibinpro432]

Taking up more than 50% of the electronics market is also a non-trivial figure. In the future, I think bitcoin will continue to grow and it is expected that by 2020 the bitcoin will account for 75% to 80% of the electricity market. To achieve that with the bitcoin benefits we need to support bitcoin and trust it.

[Dudeperfect]

Well, I believe that 65% correction in the market really helped Bitcoin not only to stabilize but also to grow in the long run. It is true that we might not see the symptoms of growth at this stage but, institutional investors and big whales are confident about the upcoming price rally in short as well as the super long term. However, I am waiting for the day when we will have the mass maturity on a large scale so that big whales won't be able to manipulate the market in the way they want.

[anil_saini01]

This has just proved that bitcoin is still the primary investment option for people investing in crypto market. This also shows investors confidence on altcoins is on a shaky ground.