Which currency will dominate the crypto market? Please vote!

[nabilapimpo]

Bitcoin and Ethereum are two coins that have large volumes. Until now it seems to me that still dominates the Bitcoin market only. However, for a steady coin I guess there's nothing because all the coins, of course, the selling value is easily subjected to change.

The goal of the trade is to generate profit. And what I experienced to make a big profit for me is Bitcoin and Ethereum. So I believe that these two coins will bring thriving crypto and users and investors will continue to grow.

[tenakha]

Obviously it's gonna be bitcoin, perhaps ethereum will also be if the POS is implemented as you've stated above, bitcoin has been dominating and will continue to dominate the market .

For a coin to dominate the market it needs to exceed the market cap of bitcoin which I see is not possible for altcoins to attain because the market cap is relatively huge

Obviously nobody knows this beforehand and there may be a lot of change in the market until 10 years later.

But IMO in the present case, BTC will continue on its way. Because after many years it has gathered this power and needs many changes to give the throne to another. So far, hundreds of coins/tokens have been created on the market that were stronger than BTC but none have been able to replace it. 

[STT]

There isnt any coin stronger then Bitcoin and a simple comparison of cost to attack every blockchain places BTC as the most costly for those that wish to steal or defraud.   This I think quite strongly relates to the cost and worth of the blockchain as it allows greater amounts to be trusted to that blockchain.
   Its been quite obvious with some of the smaller blockchains especially as their popularity may not always be regular and reliable is that they are vulnerable and unfortunately subject to breaches of confidence from attacks performed.   Its a relevant consideration for which blockchain is most likely to succeed, I always thought Proof of stake should come forward at some point but so far I've been wrong in this belief.   On efficiency, cost and involvement of its population it could do very well and in theory a free market will always promote efficiency

[redsun114]

Bitcoin and Ethereum are two coins that have large volumes. Until now it seems to me that still dominates the Bitcoin market only. However, for a steady coin I guess there's nothing because all the coins, of course, the selling value is easily subjected to change.

The goal of the trade is to generate profit. And what I experienced to make a big profit for me is Bitcoin and Ethereum. So I believe that these two coins will bring thriving crypto and users and investors will continue to grow.

Which I think these are the two coins that will eventually dominate the market forever, the reason why I said forever is that I have seen the best of most of these coins in form of altcoins and till now, none of them have been able to even meet up to one third standard of any of these two coins, so if no solid projects that I have seen other than these two coins have still not been able to dominate the market, then i don't see any other new coin coming up again being able to dominate these two coins or the market.

It is as if these two coins already have all the solutions to every problem that all these altcoins could think of and they fill in the space, so people will always go for these two coins rather than going for coins that they don’t know. The devil that you know is better than the angel that you don't know.

[michellee]

Bitcoin will still dominate the crypto market with many people still trading bitcoin pair usdt or else. Besides of bitcoin, ethereum will be the next coin that also dominates the market. The other coins still follow behind them, and it's hard to compete with bitcoin and ethereum because both bitcoin and ethereum have strong support from the people. But ethereum can be beaten if the other coins have strong support too, but I guess it still difficult to compete with ethereum even with bitcoin.

[tungaqhd]

Bitcoin will still dominate the crypto market with many people still trading bitcoin pair usdt or else. Besides of bitcoin, ethereum will be the next coin that also dominates the market. The other coins still follow behind them, and it's hard to compete with bitcoin and ethereum because both bitcoin and ethereum have strong support from the people. But ethereum can be beaten if the other coins have strong support too, but I guess it still difficult to compete with ethereum even with bitcoin.

With a trading volume and activities around bitcoin every day, bitcoin is actually probably the one character who gets the most votes for a dominant position in the crypto market, and the dominance of bitcoin has not been established recently, it has been established for too long in the crypto market, recently just an increase in the dominance rate. Ethereum may be strong but it may have accepted the position behind bitcoin, its dominance is very limited, what I expect most is probably libra coin when too much discussed it, this is also a characters can compete and dominate the crypto market

[Willitivity]

Even though the topic wasn't very directly expressed. But one thing is for sure, when it comes to crypto, Bitcoin has been there for long and has gained the dominance and I don't see anything that will topple Bitcoin's dominance. It has taken years to get to that level. Aside dominating the crypto sphere, Bitcoin has over and over proved to show that it will never go away. Others will only rally behind it while it remains dominant.

[Dread Pirate Roberts]

Stable coin got more trading volume than bitcoin means it was the preferred coin for trading not for holding then how it could be a dominant crypto in the future.?

I'm not sure just because it's stable in the crypto market. allows a coin to dominate the market. the most important basic thing is the usefulness and main purpose of coin it self. if it is not clear and only because of the market volume it does not promise a coin can always be a top coin.

[plast555]

USD single currency is the base of the market everyone can easily accept it. so, in my opinion, it can dominate the crypto market

Stablecoins cannot be the dominant currency in the market. It is unreasonable that it is just a means to help investors avoid storms and can buy or sell more easily, to avoid being affected by market fluctuations.
For me, the coins that can influence the market the most have good technology platforms like ethereum or eos, LOOM, ...
They will be businesses that have a positive impact on the global market as well as their technology platforms, such as Microsoft, Google, Facebook, etc.
and ethereum, loom, ... all carry the same mission as the big businesses, if they succeed and have a large market share, bitcoin will not be able to stand on the top 1. Do you agree with me. ?

The "current" problem with Bitcoin is that it is largely non-scalable.
Completion of the transfers in as long as 1 hour shows that Bitcoin is not going to do much for adaptation. But because it is limited, it can create a value paradox like diamonds. That's why the price of Bitcoin can go too high.
But in the long run, we should use cryptocurrencies which has much faster TPS rates instead of Bitcoin.

[Kyraishi]

Could be interesting to see what happens 5, 10 years from now. I definitely see a future where blockchain technology is adopted, but decentralization is unable to make it big. We've already seen countries like Venezuela, China, and other ones start to adopt new currencies and even start making their own.

I envision a world where each big country (China, USA, etc) have their own centralized currency, and BTC is a popular secondary currency that some people prefer, but I wouldn't think it'll be popular then the centralised currencies.

[Klausi]

Stable coin got more trading volume than bitcoin means it was the preferred coin for trading not for holding then how it could be a dominant crypto in the future.?

Maybe OP were confused in some things in Trading. According to his picture, tether made it to the top but it was not even worth it for me to invest my money in, what's happening in the market now is my chance to buy more Bitcoin as an investment. Bitcoin gives me more assurance than the other coins when it comes on earning profits in the process, it is all putting your faith in a certain coin that puts you where you are now.

[timerland]

Stable coin got more trading volume than bitcoin means it was the preferred coin for trading not for holding then how it could be a dominant crypto in the future.?

Maybe OP were confused in some things in Trading. According to his picture, tether made it to the top but it was not even worth it for me to invest my money in, what's happening in the market now is my chance to buy more Bitcoin as an investment. Bitcoin gives me more assurance than the other coins when it comes on earning profits in the process, it is all putting your faith in a certain coin that puts you where you are now.

Stable coins where likely most popular investment option during the bear market, where bitcoin and other altcoins where super unstable, most investors that wanted to be secured started to look towards safer options like tether and other stablecoins backed by fiat currencies.

Bitcoin definitely has better the better technology behind it, but I don't think it'll be stable enough to be a good option long term. Much prefer stablecoins for day to day transactions.

I'd hedge my bets on goverments adopting their own crypto-currencies in the future and then those currencies being used as the main payment source.

[Dreamr]

I vote for Bitcoin, Ethereum, and Litecoin because I believe the cryptocurrency has huge potential in the future. If you look at the cryptocurrency market at the moment you can see the market is already dominated by bitcoin with over 67% followed by ethereum, ripple, and litecoin. I forgot, BNB also has huge potential too.

[Oceat]

Even though the topic wasn't very directly expressed. But one thing is for sure, when it comes to crypto, Bitcoin has been there for long and has gained the dominance and I don't see anything that will topple Bitcoin's dominance. It has taken years to get to that level. Aside dominating the crypto sphere, Bitcoin has over and over proved to show that it will never go away. Others will only rally behind it while it remains dominant.

There's no doubt that Bitcoin will dominate every cryptocurrency and the rest will only rally behind it. A lot of people are trying to imitate Bitcoin by creating their own yet none of them succeeded and the rest of it will always be called as altcoins.

[bitzizzix]

For now and forever I think bitcoin still dominates the crypto market and we must remember the existence of cryptocurrency because it started with the existence of bitcoin, and until now no one can change its position as the king of crypto and always dominates the market.
and besides bitcoin in Altcoin there is also Ethereum and Litecoin which still dominates and the others only compete but it is possible that in the future there will be a change or replace it.

[Tylev]

Due to the fact that various types of cryptocurrencies continue to develop, the price dominance of bitcoin in any case will disappear after a certain time, regardless of whether we want it or not. After bitcoin, I think that there will no longer be a bright leader in price dominance. There will be several candidates for leadership at once and not one of them will take the place of bitcoin. Therefore, price dominance, as it exists now, will no longer be.

[Tungsten-1]

For now and forever I think bitcoin still dominates the crypto market and we must remember the existence of cryptocurrency because it started with the existence of bitcoin, and until now no one can change its position as the king of crypto and always dominates the market.
and besides bitcoin in Altcoin there is also Ethereum and Litecoin which still dominates and the others only compete but it is possible that in the future there will be a change or replace it.

No one can put doubt on it that bitcoin has this ability to make the value of regular market higher. We can see when the price of bitcoin rises it makes entire market even higher. Bitcoin is no one coin it’s the mother of all coins it has all potentially to make price high or low we should keep buying bitcoin to our maximum extent.

[Falconer]

The USDT market has now dominated compared to other stable coins, USDT dominated the highest trading volume by 34% while BTC is only 27% based on current CMC sources.

[bryant.coleman]

From the chart, a few interesting things came to my notice. For example, the market capitalization of Tether is just around $4.1 billion. However, the daily trade volumes are more than 4 times of this amount. How this can be possible? Either the Tether trade volumes are being inflated by a factor or 10x or 20x, or the calculation of the Tether market cap is wrong.

Ideally we should not be including stablecoins such as Tether in our calculations while talking about cryptocurrency. Tether is just a digital version of the fiat currency rather than a cryptocurrency with its own value (similar to BTC or ETH). IMO, Bitcoin is dominating the market and will continue to do so. Currently it enjoys more than two-third market share, and on top of that most of the altcoin trading is conducted in BTC.

[styca]

Bitcoin will dominate, it's the biggest and best crypto. I don't think USD is that relevant really. Prices against fiat are always quoted in USD, but that doesn't mean that people use USD to buy it. Personally the only fiat I have used is GBP, and before that when crypto wasn't purchasable with UK currency I converted the GBP to Euros to buy in.

So once we remove fiat and ask which crypto will dominate, it has to be Bitcoin. Other coins have other uses, but none of them has ever really shown any sign of taking top spot. The only ones that have come vaguely close are ETH and XRP, but they are coins with a specific and limited use case. They both have great potential, just not as much as multi-purpose Bitcoin.