Mahanton
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 20, 2019, 09:50:26 PM |
|
67.8% as of this moment https://coinmarketcap.com/charts/#dominance-percentageAlts showing some gradual percentage increase in past few days we do see some green or gains but i agree on whats said above that altcoin holders are still on loss and wont consider this as a good news for them but at least we are seeing some good signs.Its better to go short or day trades than to hope for long term full recovery.
|
|
|
|
R |
▀▀▀▀▀▀▀██████▄▄ ████████████████ ▀▀▀▀█████▀▀▀█████ ████████▌███▐████ ▄▄▄▄█████▄▄▄█████ ████████████████ ▄▄▄▄▄▄▄██████▀▀ | LLBIT | | | 4,000+ GAMES███████████████████ ██████████▀▄▀▀▀████ ████████▀▄▀██░░░███ ██████▀▄███▄▀█▄▄▄██ ███▀▀▀▀▀▀█▀▀▀▀▀▀███ ██░░░░░░░░█░░░░░░██ ██▄░░░░░░░█░░░░░▄██ ███▄░░░░▄█▄▄▄▄▄████ ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ | █████████ ▀████████ ░░▀██████ ░░░░▀████ ░░░░░░███ ▄░░░░░███ ▀█▄▄▄████ ░░▀▀█████ ▀▀▀▀▀▀▀▀▀ | █████████ ░░░▀▀████ ██▄▄▀░███ █░░█▄░░██ ░████▀▀██ █░░█▀░░██ ██▀▀▄░███ ░░░▄▄████ ▀▀▀▀▀▀▀▀▀ |
| | | | | | .
| | | ▄▄████▄▄ ▀█▀▄▀▀▄▀█▀ ▄▄░░▄█░██░█▄░░▄▄ ▄▄█░▄▀█░▀█▄▄█▀░█▀▄░█▄▄ ▀▄█░███▄█▄▄█▄███░█▄▀ ▀▀█░░░▄▄▄▄░░░█▀▀ █░░██████░░█ █░░░░▀▀░░░░█ █▀▄▀▄▀▄▀▄▀▄█ ▄░█████▀▀█████░▄ ▄███████░██░███████▄ ▀▀██████▄▄██████▀▀ ▀▀████████▀▀ | . ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ ░▀▄░▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄░▄▀ ███▀▄▀█████████████████▀▄▀ █████▀▄░▄▄▄▄▄███░▄▄▄▄▄▄▀ ███████▀▄▀██████░█▄▄▄▄▄▄▄▄ █████████▀▄▄░███▄▄▄▄▄▄░▄▀ ████████████░███████▀▄▀ ████████████░██▀▄▄▄▄▀ ████████████░▀▄▀ ████████████▄▀ ███████████▀ | ▄▄███████▄▄ ▄████▀▀▀▀▀▀▀████▄ ▄███▀▄▄███████▄▄▀███▄ ▄██▀▄█▀▀▀█████▀▀▀█▄▀██▄ ▄██▀▄███░░░▀████░███▄▀██▄ ███░████░░░░░▀██░████░███ ███░████░█▄░░░░▀░████░███ ███░████░███▄░░░░████░███ ▀██▄▀███░█████▄░░███▀▄██▀ ▀██▄▀█▄▄▄██████▄██▀▄██▀ ▀███▄▀▀███████▀▀▄███▀ ▀████▄▄▄▄▄▄▄████▀ ▀▀███████▀▀ | | OFFICIAL PARTNERSHIP SOUTHAMPTON FC FAZE CLAN SSC NAPOLI |
|
|
|
Natalim
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 20, 2019, 10:25:26 PM |
|
67.8% as of this moment https://coinmarketcap.com/charts/#dominance-percentageAlts showing some gradual percentage increase in past few days we do see some green or gains but i agree on whats said above that altcoin holders are still on loss and wont consider this as a good news for them but at least we are seeing some good signs.Its better to go short or day trades than to hope for long term full recovery. This is good for altcoins, I guess 71.2% was the highest dominant rate BTC achieves this year, and its downtrend of dominant rate will mean for the better of the market. In the past few days, we've seen some big bounce back from altcoins especially from XRP and ETH, the top 2 and top 3 are fighting for the entire altcoins that they will not be left behind, hopefully it will continue to so we will see a balance and progressive market. I like to see BTC dropped its dominance rate to 50% by the end of the year.
|
|
|
|
shoreno
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 20, 2019, 10:56:25 PM |
|
That's way too much of a dominance as far as I see and remembered, i really don't know what makes altcoins left behind like that. dominance means dominating or in other words really huge amount so its normal mate dont be shock . many reasons why alts can lag behind . it maybe because of btc is dumping . when btc is dumping , thats a sign that people sell so they might also sell thier alts . or maybe alts fall because btc is pumping . when btc pumps , maybe people sell thier alts to buy btc or convert thier alts to btc .
|
|
|
|
exstasie
Legendary
Offline
Activity: 1806
Merit: 1521
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 21, 2019, 10:09:00 AM |
|
So how would people feel if the dominance peak has been and gone for this round?
I would not be totally surprised. The 90% fans aren't being super realistic.
It's either peaked already, or there's one last spike left. Either way, long term (weekly, monthly) altcoin charts look like they are on the cusp. I also noticed Bitpay is adding support for Ethereum. That seems like a nod to burgeoning OTC demand. Bitcoiners will remain skeptical as always. "But ICOs!" they'll say. https://www.coindesk.com/payment-service-bitpay-announces-ether-integration
|
|
|
|
Vishnu.Reang (OP)
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 21, 2019, 04:08:01 PM |
|
This is good for altcoins, I guess 71.2% was the highest dominant rate BTC achieves this year, and its downtrend of dominant rate will mean for the better of the market. In the past few days, we've seen some big bounce back from altcoins especially from XRP and ETH, the top 2 and top 3 are fighting for the entire altcoins that they will not be left behind, hopefully it will continue to so we will see a balance and progressive market.
I like to see BTC dropped its dominance rate to 50% by the end of the year.
LOL... it is funny that you expect the Bitcoin dominance to go back to 50% (from the current level of 68%) within the next three months or so. IMO, the recent spike in the altcoin market capitalization was due to the rumors of Binance opening a separate platform for the users from the United States. And that means that the current spike is going to be a temporary one. From what I have heard, the trading hasn't started yet and 13 of the states are being excluded (including New York).
|
|
|
|
figmentofmyass
Legendary
Offline
Activity: 1652
Merit: 1483
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 21, 2019, 07:30:33 PM |
|
LOL... it is funny that you expect the Bitcoin dominance to go back to 50% (from the current level of 68%) within the next three months or so. IMO, the recent spike in the altcoin market capitalization was due to the rumors of Binance opening a separate platform for the users from the United States. that's silly---binance announced they were launching a USA platform 3 months ago. it hasn't even gone live yet and they're only listing 6 altcoins. nobody cares. a lot of the altcoin breakouts look technical to me, like supply has dried up. it's obviously too early to declare an altcoin bull market (it will take a couple more months to test that theory) but put it this way: altcoins have been in a bear market (vs BTC) for 2 years and 3 months. eventually it will reverse to a medium or long term bull market. that doesn't necessarily mean new ATHs on BTC pairs, but expecting altcoins to shrivel up and die is the tragic mistake that bitcoin maximalists always make. not gonna happen.
|
|
|
|
Vishnu.Reang (OP)
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 22, 2019, 03:56:14 AM |
|
that doesn't necessarily mean new ATHs on BTC pairs, but expecting altcoins to shrivel up and die is the tragic mistake that bitcoin maximalists always make. not gonna happen.
Honestly I do think that the vast majority of the altcoins are going to die in the next few years. As of now, we have more than 10,000 different altcoins (and a majority of them are dead or dormant). Given the user base, I don't think that there is enough room for this many coins to exist. At the most, 100 or 200 may survive in the long term future. Copycats and scam coins are going to die out without a trace.
|
|
|
|
figmentofmyass
Legendary
Offline
Activity: 1652
Merit: 1483
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 22, 2019, 06:20:19 PM |
|
that doesn't necessarily mean new ATHs on BTC pairs, but expecting altcoins to shrivel up and die is the tragic mistake that bitcoin maximalists always make. not gonna happen.
Honestly I do think that the vast majority of the altcoins are going to die in the next few years. As of now, we have more than 10,000 different altcoins (and a majority of them are dead or dormant). Given the user base, I don't think that there is enough room for this many coins to exist. At the most, 100 or 200 may survive in the long term future. Copycats and scam coins are going to die out without a trace. sure, maybe over the super long term, many years from now. i'm talking about the next few months and into 2020. you weren't around in 2014-15 so maybe you didn't realize the entire graveyard of dead altcoins from back then pumped in 2017. i'm also talking about an altcoin bull market from a trader's perspective. i'm talking about coins that are listed on exchanges. most of those 10k+ coins were never traded on noteworthy exchanges at real volumes in the first place. anyone who gambles on super micro cap coins and dodgy ICOs has to know the majority will die. i'm not trying to argue that the lower percentiles of completely dead failures and literal scam coins are gonna get pumped.
|
|
|
|
btc78
Full Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 2590
Merit: 217
Eloncoin.org - Mars, here we come!
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 23, 2019, 05:44:03 AM |
|
Well the good thing is today the dominance of bitcoin drops to 68.2% its 3% lower from the highest record and from this the alts will benefits from this I am expecting more growth from altcoins to balanced the market because it brings more low growth from altcoins this scenario and this is not meant not to happen For a while, the Bitcoin dominance had declined to sub-70 levels, but now once again it is back to 70.3%. Altcoins are showing no sign of recovery, including the established coins such as Ethereum, Ripple and Litecoin. One thing that concerns me the most is the rising market share of Tether (USDT). Now the market cap has risen to more than $4.1 billion, despite their issues with the NYAG.
Actually I have seen that concern also from other thread that Tether is doing good growth these days and kinda alarming for Bitcoin holders part
|
|
|
|
Vishnu.Reang (OP)
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 25, 2019, 04:48:19 PM |
|
Actually I have seen that concern also from other thread that Tether is doing good growth these days and kinda alarming for Bitcoin holders part
Interest in Tether increases whenever there is a major crash in the exchange rates for Bitcoin and the alts. It may not immediately reflect in the market cap, as a large part of the Tether supply is being held up as reserve by various exchanges such as Bitfinex. So there will be a lag of a few weeks. But if my calculations are correct, then we can expect a jump in the USDT market capitalization next month.
|
|
|
|
Omega Weapon
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 26, 2019, 05:21:55 PM |
|
Actually I have seen that concern also from other thread that Tether is doing good growth these days and kinda alarming for Bitcoin holders part
Interest in Tether increases whenever there is a major crash in the exchange rates for Bitcoin and the alts. It may not immediately reflect in the market cap, as a large part of the Tether supply is being held up as reserve by various exchanges such as Bitfinex. So there will be a lag of a few weeks. But if my calculations are correct, then we can expect a jump in the USDT market capitalization next month. I think that now 80% of all cryptocurrency market participants are located in Tether (USDT). This is a good refuge at this time. With the market crashing as it is it is not really a surprise that stable coins are seeing an increase in the volume and the amount of people that are using them, so even if many people do not really like stable coins because they are tied to fiat there is no doubt in my mind that they are an important part of the market, they bring liquidity that we will otherwise not have and they bring protection to your assets precisely in the moment in which you need it the most.
|
|
|
|
bryant.coleman
Legendary
Offline
Activity: 3724
Merit: 1217
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 30, 2019, 04:14:33 PM |
|
Total crypto market cap: $262,692,257,278
Bitcoin: $184,227,971,775 (67.824%) Bitcoin forks: $8,423,584,195 (3.101%) Stablecoins: $4,968,632,750 (1.829%) Altcoins: $74,005,475,392 (27.245%)
This is the change compared to my last post:
Bitcoin: -2.335% Bitcoin forks: +0.124% Stablecoins: -0.062% Altcoins: +2.272%
Altcoins continue to increase their market share, although at a very slow pace. On the other hand, Bitcoin is now showing signs of stabilization, at around $8,000 per coin level. The next 1-2 weeks will be interesting. Total crypto market cap: $220,396,037,013 Bitcoin: $148,768,292,889 (67.500%) Bitcoin forks: $5,925,562,165 (2.689%) Stablecoins: $4,985,689,938 (2.262%) Altcoins: $60,716,492,021 (27.549%) This is the change compared to my last post: Bitcoin: -0.324% Bitcoin forks: -0.413% Stablecoins: +0.433% Altcoins: +0.303%
|
|
|
|
Maslate
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 01, 2019, 04:38:28 AM |
|
~snip
If I may ask, what site you are using to get this statistics? I am only checking in CMC and I don't see this kind of stats.
|
R |
▀▀▀▀▀▀▀██████▄▄ ████████████████ ▀▀▀▀█████▀▀▀█████ ████████▌███▐████ ▄▄▄▄█████▄▄▄█████ ████████████████ ▄▄▄▄▄▄▄██████▀▀ | LLBIT | │ | CRYPTO FUTURES | | | | | | | │ | 1,000x LEVERAGE | │ | COMPETITIVE FEES | │ | INSTANT EXECUTION | │ | . TRADE NOW |
|
|
|
Ayiranorea
Sr. Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 1246
Merit: 255
Leading Crypto Sports Betting & Casino Platform
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 04, 2019, 12:48:38 PM |
|
The dominance level of bitcoin have fallen a little while ethereum have gained little more dominance in the market. Maybe this pattern of dominance in the market will continue with ethereum dominance increasing little by little while bitcoin drops creating some level of equivalence before the halving for the year 2020 takes place.
|
|
|
|
█▀▀▀▀▀ █ █ █ █ █ █ █ █ █ █ █ █▄▄▄▄▄ | | . Stake.com | | ▀▀▀▀▀█ █ █ █ █ █ █ █ █ █ █ █ ▄▄▄▄▄█ | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | █▀▀▀▀▀ █ █ █ █ █ █ █ █ █ █ █ █▄▄▄▄▄ | | . PLAY NOW | | ▀▀▀▀▀█ █ █ █ █ █ █ █ █ █ █ █ ▄▄▄▄▄█ |
|
|
|
Omega Weapon
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 04, 2019, 09:31:32 PM |
|
The dominance level of bitcoin have fallen a little while ethereum have gained little more dominance in the market. Maybe this pattern of dominance in the market will continue with ethereum dominance increasing little by little while bitcoin drops creating some level of equivalence before the halving for the year 2020 takes place.
We'll have to see if the small recovery that we have seen in ethereum can keep its strength, because ethereum was doing really well and then the price went down incredibly fast, however even if ethereum doesn't recover during the next months I'm sure that it will during the next years the only doubt that I have is if people are going to be strong enough to keep holding their coins until that happens because many people are becoming desperate for the lack of performance coming from altcoins.
|
|
|
|
illyiller
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 05, 2019, 06:31:02 AM |
|
I'm seeing some relative strength vs. BTC in some altcoin charts. Ethereum, Ripple, Stellar to name a few, steadily rising for the past month. Seems odd considering all the blood in the BTC market. I would have expected altcoins to fall harder. Could that indicate we're close to a bottom in altcoin/BTC charts? Is this guy onto something with his market vision?
|
|
|
|
Herbert2020
Legendary
Offline
Activity: 1946
Merit: 1137
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 05, 2019, 08:07:55 AM |
|
I'm seeing some relative strength vs. BTC in some altcoin charts. Ethereum, Ripple, Stellar to name a few, steadily rising for the past month. Seems odd considering all the blood in the BTC market. I would have expected altcoins to fall harder. Could that indicate we're close to a bottom in altcoin/BTC charts? Is this guy onto something with his market vision?after about 1.5 years of dumping some of the altcoins are having some reversals but it doesn't mean they are rising and it has no indication about the strength of them. they are at this point purely dead cat bounces. for example in case of XRP we saw that when bitcoin was deadly stable above $10k it had a little pump which was crushed under the dumping load and the price crashed down again and then crashed again when bitcoin price went below $10k.
|
Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip. Whales are those who keep buying the dip.
|
|
|
Maslate
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 05, 2019, 10:54:32 AM |
|
I'm seeing some relative strength vs. BTC in some altcoin charts. Ethereum, Ripple, Stellar to name a few, steadily rising for the past month. Seems odd considering all the blood in the BTC market. I would have expected altcoins to fall harder. Could that indicate we're close to a bottom in altcoin/BTC charts? Is this guy onto something with his market vision?after about 1.5 years of dumping some of the altcoins are having some reversals but it doesn't mean they are rising and it has no indication about the strength of them. they are at this point purely dead cat bounces. for example in case of XRP we saw that when bitcoin was deadly stable above $10k it had a little pump which was crushed under the dumping load and the price crashed down again and then crashed again when bitcoin price went below $10k. It's not a fully reversal, if we look at the dominance rate of BTC, we can say that as it nothing happens with the entire altcoins market. We might see some which recovers, especially the BNB coin but in overall total, coins that have recover a bit are just a small percentage of the total number of legit altcoins in the market. The rally that we like to see does not happen yet, so we might have to wait a little longer before we will finally witness it.
|
R |
▀▀▀▀▀▀▀██████▄▄ ████████████████ ▀▀▀▀█████▀▀▀█████ ████████▌███▐████ ▄▄▄▄█████▄▄▄█████ ████████████████ ▄▄▄▄▄▄▄██████▀▀ | LLBIT | │ | CRYPTO FUTURES | | | | | | | │ | 1,000x LEVERAGE | │ | COMPETITIVE FEES | │ | INSTANT EXECUTION | │ | . TRADE NOW |
|
|
|
buwaytress
Legendary
Online
Activity: 2898
Merit: 3579
Join the world-leading crypto sportsbook NOW!
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 05, 2019, 12:05:08 PM |
|
I'm seeing some relative strength vs. BTC in some altcoin charts. Ethereum, Ripple, Stellar to name a few, steadily rising for the past month. Seems odd considering all the blood in the BTC market. I would have expected altcoins to fall harder. Could that indicate we're close to a bottom in altcoin/BTC charts? Is this guy onto something with his market vision?We must surely be seeing different charts. While Bitcoin has lost 20% from weeks staying at 10k or thereabouts, I have seen my litecoin slip from 77 to 55. Ether from 220 to 175. A little worse off for these old alts than for BTC but always to be expected and, probably just a reflection of how things always have been medium term for alt btc relations. Even the same reality happens if we compare current btc price to 2019 ATH. Lost 40%. Same for alts hasnt it? Taking ETH example of 335 to 175 anyway.
|
|
|
|
figmentofmyass
Legendary
Offline
Activity: 1652
Merit: 1483
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 05, 2019, 05:38:58 PM |
|
I'm seeing some relative strength vs. BTC in some altcoin charts. Ethereum, Ripple, Stellar to name a few, steadily rising for the past month. Seems odd considering all the blood in the BTC market. I would have expected altcoins to fall harder. Could that indicate we're close to a bottom in altcoin/BTC charts? Is this guy onto something with his market vision?We must surely be seeing different charts. While Bitcoin has lost 20% from weeks staying at 10k or thereabouts, I have seen my litecoin slip from 77 to 55. Ether from 220 to 175. compare BTC/USD to ETH/USD for the period of september 6 through today. the BTC price has dropped 26%. the ETH price stayed flat at $175. the difference is very noticeable on the ETH/BTC chart. under really bearish conditions (like the 2018 bear market) we saw the opposite---alts fell much harder than BTC. so something else is probably happening.
|
|
|
|
|