At which price will loose Bitcoin the dominance in the Crypto Market?

[hatshepsut93]

If we are going to based on the last bull run 45%-47% will likely be a good ball park number. Bitcoin price reach new all time high and altcoin market recovering. But the question is when and if people are willing to shift or throw money again in altcoin market.

I don't think that extrapolating the last bull run is correct, it seems like it was one-time thing, when buzzwords like "blockchain" and "decentralization" were floating around all the time, and people were looking at alts as legit competitors of Bitcoin and alternative investments. Now altcoins strongly associate with scams and disappointments, we see how developers abandon projects that were worth multiple millions in the past, while Bitcoin only becomes stronger, so its dominance is assured for the nearest future.

[Oilacris]

Maybe not the exactly same people will come but do not forget that bitcoin gold rush affects altcoins for sure, it always has and it always will. When bitcoin increases as much as it can and the price of bitcoin can't go higher anymore people start to move their money to other coins and then the price of altcoins start to go up.

There is only so much money you can make from investing into bitcoin directly, that is why altcoin investments are still a smart decision, there are some of them that could make x100, I am not saying they will but the potential is there and that is why people invest to those smaller ones, maybe not too much like people make bitcoin investments but even a 100 dollar investment to a small one that could x100 means a 10k profit in the end if you are right, you can't make that type of profit in bitcoin.

You cant really make x10 or x100 with Bitcoin but in terms or reliability or assurance for long term aspect then you cant go wrong with those choice but as a trader or businessminded you would always come for bigger profits that's why we do see alternative markets that can give that kind of opportunity that's why there are altcoins that do exist.

Dominance do somewhat really had that effect on price but it doesnt precisely show on how the price should be.It does show the demand but not totally the true support on the entire crypto community.

[Danslip]

Maybe not the exactly same people will come but do not forget that bitcoin gold rush affects altcoins for sure, it always has and it always will. When bitcoin increases as much as it can and the price of bitcoin can't go higher anymore people start to move their money to other coins and then the price of altcoins start to go up.

There is only so much money you can make from investing into bitcoin directly, that is why altcoin investments are still a smart decision, there are some of them that could make x100, I am not saying they will but the potential is there and that is why people invest to those smaller ones, maybe not too much like people make bitcoin investments but even a 100 dollar investment to a small one that could x100 means a 10k profit in the end if you are right, you can't make that type of profit in bitcoin.

You cant really make x10 or x100 with Bitcoin but in terms or reliability or assurance for long term aspect then you cant go wrong with those choice but as a trader or businessminded you would always come for bigger profits that's why we do see alternative markets that can give that kind of opportunity that's why there are altcoins that do exist.

Dominance do somewhat really had that effect on price but it doesnt precisely show on how the price should be.It does show the demand but not totally the true support on the entire crypto community.

For making those greedy return on the investment choosing Bitcoin will lead to the REKT sooner or later. Altcoin profitability was always higher than any Bitcoin uptrend returns in any timeframe from my experience. The dominance of the Bitcoin must be lower than %40 for the next alt season if another case happens the timing for the altcoin season can take a years until the next lower Bitcoin dominance. The high Bitcoin dominance causes lower altcoin prices and the low altcoin prices are the reason why investors confince is down for the last 2 years. In my opinion, the reliability of the altcoins is the discussion of another day and we need to focus primarily on the Bitcoin dominance.

[FlightyPouch]

Well, I guess it is already happening since the Bitcoin dominance makes it possible to let those altcoins left behind despite of the stability of the price this past few weeks. There's no way altcoins would go beyond and surpass Bitcoin if the current state of the market declares the outcome already.

It is the first crypto currency so obviously it will be dominating the market despite a lot of competitions, if I should even call it competitions, in the market. As you said, there is no way that these crypto currencies will be surpassing bitcoin. With a lot of its supporters, investors, and users, bitcoin will continue to dominate the market no matter what time and price it has.

[mersal]

IMO,it will holds its position forever,if the bitcoin loses the dominance means then I don't expect the crypto market to survive. But how someone can relate the prices with dominance,I don't consider it is not the point of measure to any decentralized thing.

There are a lot of cryptocurrencies out, we never know what might happen.

But I don't think Bitcoin will be dominated just like that.

Despite the fact that there are thousands of good cryptocurrencies better than Bitcoin itself, there are a lot of investors, a lot of people wanting to get a profit from it. With a lot of supporters and it is the most popular and expensive crypto, I don't think they could drop Bitcoin that easily.

There is no doubt that lot of crypto currencies were available but bitcoin was made first and this is behind all the crypto currencies invention.

Moreover cheap altcoins will get dumped too easily when the prices starts to climb up but bitcoin already passes those stages.

Well, I guess it is already happening since the Bitcoin dominance makes it possible to let those altcoins left behind despite of the stability of the price this past few weeks. There's no way altcoins would go beyond and surpass Bitcoin if the current state of the market declares the outcome already.

Yes the dominance is the matter here but its not alone decide bitcoin is not going to fall off like a shit coin and the investors who were holding it no matter how far it will fall.

[Janation]

Yes the dominance is the matter here but its not alone decide bitcoin is not going to fall off like a shit coin and the investors who were holding it no matter how far it will fall.

What do you mean?

All I can understand here is that Bitcoin will not fall just like other shitcoins.

Obviously, even if Bitcoin is not dominating the market, shitcoins will still a shitcoin and it will fall and be dead since it is a shitcoin. The proof of Bitcoin to stay dominant is that while the price of it falls, other cryptocurrencies follows.

[bitgolden]

If bitcoin price stays like this a bit more than altcoins will eventually rally, there is so much money in crypto markets and specially in bitcoin that even a few billion going the altcoin way instead of bitcoin would equal to multiple times profit then what you invest, of course people are not doing it because they do not want to be the only one, there are still some rallies but most of the time the buys are rare and far between and only individuals do it instead of all community.

If we were to put our efforts into altcoins and bitcoin was destroyed somehow (impossible) then the altcoin prices would at least x5 each, most of them going even higher than that, we are talking about billions and billions of dollars so its totally possible for something like that if bitcoin doesn't start moving.

[mersal]

Yes the dominance is the matter here but its not alone decide bitcoin is not going to fall off like a shit coin and the investors who were holding it no matter how far it will fall.

What do you mean?

All I can understand here is that Bitcoin will not fall just like other shitcoins.

Obviously, even if Bitcoin is not dominating the market, shitcoins will still a shitcoin and it will fall and be dead since it is a shitcoin. The proof of Bitcoin to stay dominant is that while the price of it falls, other cryptocurrencies follows.

I meant to say about the investors of bitcoin and other shit coins,most of shit coin holders were holding it for short term profits so when they got enough profits they will dump those tokens but in bitcoin investors are holding it from price range of nothing to something huge now.Which means they are really supporting the bitcoin by holding it at any condition.

[TheCoinGrabber]

It's not about the price but whether people are willing to keep buying and holding a coin. Whenever some alt suddenly gain a massive price boost, do you automatically call it dominant? Of course not, especially since it likely is some P'nD coin.

Just because bitcoin is currently at a low price doesn't mean it has lost dominance. People convert and move around their money after all.

[sana54210]

I don’t think that we should base the dominance on pricing, because if that is the case, altcoins may never dominate since bitcoin will always increase in price because of the more adoption that it is getting in the market and people are seriously accepting bitcoin now, not just for assets alone but also for usage as payment system, so I would not really expect the dominance of bitcoin to really die now.

We can only see some consolidation of bitcoin at one point, that is when bitcoin will be moving sideways and that period is when it will slow down in its increase which we may never know the price, and then altcoins will start to surge till bitcoin is ready to assume its surge position again. So that poll of trying to use figure is what I really don’t know about.

[illnino]

Well, I guess it is already happening since the Bitcoin dominance makes it possible to let those altcoins left behind despite of the stability of the price this past few weeks. There's no way altcoins would go beyond and surpass Bitcoin if the current state of the market declares the outcome already.

It is the first crypto currency so obviously it will be dominating the market despite a lot of competitions, if I should even call it competitions, in the market. As you said, there is no way that these crypto currencies will be surpassing bitcoin. With a lot of its supporters, investors, and users, bitcoin will continue to dominate the market no matter what time and price it has.

They say, Bitcoin is the only one "true" cryptocurrency, therefore it will be strange to guess that its dominance will come to end. However, it can reach 30-40% again, when the bull run starts and altcoins will grow. We should wait for Ethereum 2.0 - many alts are connected with ETH, and the changes will affect them (suppose, positively). I doubt that BTC dominance will be decreased this year.

[DAVETUN]

Bitcoin is a cryptocurrency coin that can be trusted  base on the fundamentals behind it, it has withstand several  negative waves against it existence over the years, with the upcoming halving in 2020, the fear of its scarcity will pull up the price overtime, there is a possibility of a bull run to $32,000 before may  2020

[adamlillian]

here we don't matter about price, because like the cycle and how the market works, when the price of Bitcoin goes down -> the alts also go down.
therefore, bitcoin only loses its dominance when its Dominance is less than 20%, and that is when the altcoins take the throne and usher in a period of technological investment in the crypto market. There will not be so much manipulation in bitcoin.

[ichai]

I think that's when the value of Bitcoin is less than $ 1k and the price of ETH is still holding at $ 400 or $ 500!
I still believe that this will happen in the future when many investors want to invest in technology.
But I think it is still a long way from being witnessed, the current situation we are still experiencing a horrible bear market!

[shoreno]

I think that's when the value of Bitcoin is less than $ 1k and the price of ETH is still holding at $ 400 or $ 500!
I still believe that this will happen in the future when many investors want to invest in technology.
But I think it is still a long way from being witnessed, the current situation we are still experiencing a horrible bear market!

if there are many investors you think the value will go down ?  no but it will increase more  . you are believing that this event will happen in the future and you said its a long way but you also said that there is a now a bear market  .

bear market is actually the downfall of the price , if you arent aware what it means  . btc can decline and reach less than 1k usd as what you intend but i still dont think that it can happen because when investor sees a price fall ,  they will only purchase more coins  so the value will just return to normal.

[romero121]

The chances for the dominance level of altcoins to overcome bitcoin is very narrow in my view. As the entire market follows the bitcoin's movement, whenever there is drop in the price it also gets reflected over the altcoins. In this year the growth pattern between altcoins and bitcoin differed. There is no mutual growth, bitcoin grew better and bigger while altcoins were stagnant. This has caused a massive difference in the dominance level between bitcoin and altcoins.

Week ago ethereum showed a small growth and the same contributed to the dominance. We can't expect the same to will continue, ethereum will grow to some level and further it'll follow the pattern of bitcoin for some reason.

[SummerBliss]

Don't you think prices of other coins matter more than the price of Bitcoin to ascertain Bitcoin's dominance in Crypto Market?
Market Dominance is two variables chart where one variable is X (Bitcoin's total market value) and the other variable is Y (market value of all cryptocurrencies combined). If we are considering the Bitcoin's price in isolation, we can only determine one of the above variable i.e. X so it's a kind of incomplete thread from you.

[jake zyrus]

For me, when other coins surpasses the value of bitcoin and when crypto users start losing it's trust towards bitcoin and start moving from here to other coin. With that scenario, there's a big possibility that bitcoin will lose its dominance in the crypto market. Though this scene is still vague for me sine there's a big gap between bitcoin and altcoins. Bitcoin will still remain dominant for many years.

[Leyss]

Bitcoin may lose its cryptocurrency price dominance at different prices. This will depend on the state of the market at that time. Therefore, one cannot say at what price he will lose this dominance. Most likely, not altcoins will rise in price for this, but bitcoin will lose it. Bitcoin is not developing as fast as altcoins, so this will happen anyway.
Most likely, it will be somewhere in five years.

[DBronze98]

This question is really difficult because each time the price and dominance will be different. but I believe that once investors have lost faith in bitcoin because they are no longer profitable, they will sell off bitcoin and reduce its value to a few hundred dollars and never. pump it again.
This is the scenario that will happen in the future when the transactions become too time consuming and costly.