Very stable BTC dominance

[peter0425]

I think bitcoin dominance remain at 53% because many altcoin in market. Investor right now not just investing their money only in bitcoin. Beside that, many investor converting their altcoin to bitcoin. I think bitcoin dominance should be below 50% because if remain above 50%, its hard for altcoin to grow and cryptomarket too much depending on bitcoin movement

No question on how Bitcoin still doing great in front of crypto crisis.  Many coins were dump drastically but Btc could manage to maintain on its place. Ripple will tried to pump up but isn't strong enough to catch btc on top.  This it means that still Btc is the most favorable pick among investors.

We all know that there's no coin out there that can challenge bitcoin's dominance, not even XRP. Surely its a coins for the bankers so it doesn't make sense at all for the coin to take over because of 'centralization'. However, people will say that dominance is not a good indicator, last 2017 bitcoin didn't even touch 50% at most months but the price keeps going up.

[ifinta]

I think, if I consider, what I see on the https://coinmarketcap.com/charts/#dominance-percentage, the "Others" "price index" only on coinmarketcap.com, what producing
a stable growth since many years... All other "price index" loosing in the same time interval, BTC, ETH, XRP, IOTA, ... also... Interesting.

We should concentrate to new visions on the market maybe? i.e.:

(( the Thread wasn't disturbed through Trolls - for a while sure.
   You can read the whole history up to this post (Why we need Charm, How will Vortexledger work without a "general" thing...) undisturbed, I checked:
   Please read it - up to the post above. It contains important informations - I think. ))

What we targeted?

 - through a P2P Network (Network of "Cells") backed crypto - Charm. 100 Charm = 1 Kiss ... Kiss ("Csók" vagy "puszi" in hungarian language) is a "natural" physically form of our asset We accepts it already.
 - support of clear barter, a ledger (Vortexledger) without "general" equvalent - an economy - without moneysystem  
      ((A 'No' Money with a 'No' DB for our 'No' Republica ... For 'No' Nuclear - of course. To reserve our Gaia for our children. More can you read through links in the third post.)).
 - Charm will be a "multi"-ledger asset.
 - Dorothyum - a "multi"-ledger DApp - an auctionshaus for everything.
 - The DApp's on our economy will produce a revenue in Charm (or in tokenized things (i.e. oil, water, working power, ...) later). We will share this revenue
      - to the owners of Charm,
      - to the Custodian's in Cell's, (( a woman can take i.e. a colored stone or diamond ring from a man, and she can earn with it! The man also! ))
      - to Owner's in Cell's, and
      - to some Funds, acting for Gaia.
      - maybe for support and development with some Kisses also ...
 - As first, we choiched Byteball Ledger because
      - it is GREEN!!! No wasting of computing power!!!!!!
      - the new form of the Ledger (it based on DAG!!!),
      - the new form of smart contracts (more better as solidity...),
      - and the possibility for chat bot's
 ...

What is workig already?

 - Charm already listed on the Byteball Ledger's Exchange bot!!! You can buy it freely.
 - We backs Charm already through an Emerald. We "tonenize" this Emerald at this time - later we tokenize everything, what will be offered and accepted...
 - our testserver - yum (Amsterdam) already running
 - our first servers - thyum (Amsterdam), dorothy (Sydney) and toto (Toronto) running also

The development plan, planned architecture, about milestones...: https://bitcointalk.org/index.php?topic=4392525.msg39128463#msg39128463
This post at this time the second post - in second post we trying to show some very important post.
A history about the second post's you can find on the third post with the resources, and with some other important information...

[cahbagus555]

Its true that bitcoin dominance cryptomarket more than 50% and i think its because most altcoin drop the price more than 90%. Like ethereum, after the price reach highest at $1400, the price drop below $100 and ethereum dominance drop below 15%.
If this continue, i think its not good for altcoin growth because the project can not working well

[lutfi-hasan]

Its true that bitcoin dominance cryptomarket more than 50% and i think its because most altcoin drop the price more than 90%. Like ethereum, after the price reach highest at $1400, the price drop below $100 and ethereum dominance drop below 15%.
If this continue, i think its not good for altcoin growth because the project can not working well

Yes, at the moment the price of Bitcoin is very stable if we look after a sharp decline from $ 6400 to $ 3500, and now prices look positive to go back up, hopefully there will be no decline this year, only increases and increases.

[markdario112616]

Yes, at the moment the price of Bitcoin is very stable if we look after a sharp decline from $ 6400 to $ 3500, and now prices look positive to go back up, hopefully there will be no decline this year, only increases and increases.

Then you should wake up. It's impossible that no reds will be recorded. Remember, that how unstable this world is. Bitcoin's volatility is still present and will never leave. Though, everyone aims for that and being optimistic could really help to stay positive, but given the scenarios, events and etc. let's be more realistic.

[greeklogos]

be too early for speculation, I hope that after the holiday season, bitcoin will recover, I do not think it's a lot but at least 30% of this year's fall

I think holiday season doesn't play a big role for bitcoin. But it actually showed a little raise after Xmass. I doubt this year is going to be good for bitcoin. I do not talk about a phenomenal raise, I just wish to not see any lower number on the exchanger.

[spongegar]

The data itself is very short and it maybe a coincidence that these percentage are again a fluke. But if it is true then it woukd be suspicious that the growth or decrease and lack thereof is loke clockwork.

[ausbit]

Since the dump from 6500$ (and actually since sept.) btc dominance has been very stable, around 53%.
However it appears previous bear market phases always had an impact on the indicator.

How do you explains this at all?

/edit: details
Since september Bitcoin went from $6500 to $5500
Then 5500 to 4200
Then 4200 to 3700
Then 3700 to 4300
Then 4300 to 3300

BTC and the whole cryptomarket are falling absolutely proportionately. It remains at 53%
Previously it wasn't the case. Dec 13 it fell from 96% to 87%. Strong movements in the markets pretty much always translated in a different dominance afterwards.

Note that the absolute value of btc dominance (53%), high/low, is not my point at all.
Also speculations on BTC aren't the point, it's only about understanding the current stability of btc dominance, if it has any meaning.

Bitcoin is volatile, are you not aware of that? You only talk about how far it has gotten down, do you also talk about how far it was able to go from the bottom (from a low price to $19,500)before the price started to decline. I was even thinking it would go below the $3000 mark, but luckily it didn’t. There is no need to complain about it, just stay calm and see what follows next, this year is probably going to be a better year.

[Dimas99]

I think it is currently stable as of now because we dont know what will happens next. All cryptocurrencies experiences fluctuation because of people are more into trading thats why prices drops. Lets wait if bitcoin will recover or have another bull run this year.

you are very right at this time and in conditions like this, faith and patience are the most important capital in investment and we must be smart in utilizing every opportunity we will get

[playboy654]

I think it is currently stable as of now because we dont know what will happens next. All cryptocurrencies experiences fluctuation because of people are more into trading thats why prices drops. Lets wait if bitcoin will recover or have another bull run this year.

you are very right at this time and in conditions like this, faith and patience are the most important capital in investment and we must be smart in utilizing every opportunity we will get

The stability will be very low when comparing to the previous chat but it is not a standard thing we all know cryptocurrency will not stay in one place this will be there chance to make money so it is good but the value reduce things will be some tensions for lots of investors if it is come to normal then all problem will clear

[Thanasis]

Actually the dominance is not a good or bad sign for the crypto prices to be increased but it can shows that people were trusting bitcoin more than thousands of other crypto currencies available and it also can makes us to realize it can survive lot of  hard days which is not like other shit coins.

[senin]

Actually the dominance is not a good or bad sign for the crypto prices to be increased but it can shows that people were trusting bitcoin more than thousands of other crypto currencies available and it also can makes us to realize it can survive lot of  hard days which is not like other shit coins.

However, over time, the level of Bitcoin capitalization, that is, the level of its dominance over other types of cryptocurrency will inevitably decrease as the development of cryptocurrency. As more promising new coins appear, interest in Bitcoin will vseravno fall. This will especially happen if Bitcoin does not improve and maintain its competitiveness. The credibility of Bitcoin users cryptocurrency is not endless.

[Crypdon]

The dominance level is still very healthy, it allows for growth in the altcoin sector and for a better crypto market these altcoins need space to thrive. These alts offer much more than bitcoin and developers should be encouraged to continue their own blockchain projects

[Oilacris]

Actually the dominance is not a good or bad sign for the crypto prices to be increased but it can shows that people were trusting bitcoin more than thousands of other crypto currencies available and it also can makes us to realize it can survive lot of  hard days which is not like other shit coins.

True,dominance do signifies on how strong a certain cryptocurrency it is and BTC is on the top of the chain after all these years which it do really gives a good sign that this would really be a good investment
for long term but well theres no assurance if it cant be replaced soon.ETH is on the next and followed by XRP. We would able to see if how long these dominance would sustain.

[Wellyan]

But it's been already a couple of days that the dump initiated and dominance hasn't change.
In the past, it used to change as the dump starts

all forms of crypto currency development in the future no one can know for sure in this case confidence and patience are the main capital

[Visbay]

Its true that bitcoin dominance cryptomarket more than 50% and i think its because most altcoin drop the price more than 90%. Like ethereum, after the price reach highest at $1400, the price drop below $100 and ethereum dominance drop below 15%.
If this continue, i think its not good for altcoin growth because the project can not working well

Yes, at the moment the price of Bitcoin is very stable if we look after a sharp decline from $ 6400 to $ 3500, and now prices look positive to go back up, hopefully there will be no decline this year, only increases and increases.

Yes now id is getting better and more people are buying so this is the reason again positive mode is on. I am sure this year we will not have to face any decline but the will be many increase because investors are increasing day by day so as we know the increase in number of investors is the increase in price automatically.

[Distinctin]

Its true that bitcoin dominance cryptomarket more than 50% and i think its because most altcoin drop the price more than 90%. Like ethereum, after the price reach highest at $1400, the price drop below $100 and ethereum dominance drop below 15%.
If this continue, i think its not good for altcoin growth because the project can not working well

Yes, at the moment the price of Bitcoin is very stable if we look after a sharp decline from $ 6400 to $ 3500, and now prices look positive to go back up, hopefully there will be no decline this year, only increases and increases.

Yes now id is getting better and more people are buying so this is the reason again positive mode is on. I am sure this year we will not have to face any decline but the will be many increase because investors are increasing day by day so as we know the increase in number of investors is the increase in price automatically.

I like more on the price than the dominance because I did not focus in investing with bitcoin alone, altcoins has also some great potential.
And with the big dominance rate of bitcoin, it makes altcoins hard to grow, I like to go back on a 30 -40 % dominance, that way alts have more room to grow.

[Spaffin]

If we look at the entire period of the development of the cryptocurrency market, we will see a tendency towards a constant decrease in the level of Bitcoin dominance over other types of cryptocurrencies. This decrease is characterized by lowering the bitcoin capitalization level. This is apparently a natural process. as other types of cryptocurrency are developing, which take a significant part of the investment. Apparently, this trend will continue. It is likely that the time will come when Bitcoin may lose its price dominance. After that, the market will begin to work entirely on new principles.

[Adriano2010]

Indeed the bitcoin dominance was always over 50% as i know and this can be good for bitcoin holders and also for traders, maybe this can help in future to have a huge price.

[Mahanton]

Indeed the bitcoin dominance was always over 50% as i know and this can be good for bitcoin holders and also for traders, maybe this can help in future to have a huge price.

When it comes to Bitcoin dominance then theres no doubt that no alts would able to surpass it out but there are times which they are mostly tied up with ETH on previous years when it comes
to dominance percentage but eventually the market twist up again and arranging for us to see that who's boss on the entire crypto market.Seeing dominance do really put some confidence yet
you would able to presume the possible potential ahead.