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Question: At which price will loose Bitcoin the dominance in the Crypto Market?
Above 1000000 USD
1000000 USD
500000 USD
250000 USD
128000 USD
64000 USD
32000 USD
16000 USD
8000 USD
4000 USD
2000 USD
1000 USD
500 USD
250 USD
128 USD
64 USD
32 USD
16 USD
8 USD
Below 5 USD
Below 1 PIZZA / 25000 BITCOIN
It will hold this position ever...

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Author Topic: At which price will loose Bitcoin the dominance in the Crypto Market?  (Read 1239 times)
carlzec
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December 23, 2019, 12:20:30 PM
 #101

What will happen when the Bitcoin price rises to over $ 100000. Do people take bitcoin anymore? Or how people will trust bitcoine. If the price goes down from $ 100K to $ 1k, the world economy moves. Because very large capital owners sink.
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December 23, 2019, 02:39:13 PM
 #102

Where will the weight shift when Bitcoin loses its dominance on the market? There's too much altcoin. Which of the subcoins will take over now. I think the Ethereum will be one of them. Then let's look at the subcoins that are good at the project team.
Ethereum is indeed the most successful altcoin so far and it has always been following the trends of bitcoin much better than any other coin. Well this is really absurd to think that bitcoin will ever lose its dominance. Ethereum can increase in its value but it can never be able to exceed bitcoin. Bitcoin has far more market than Ethereum. Even if all bitcoin is mined out, still I am sure that it would rule the world.

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December 23, 2019, 04:05:16 PM
 #103

What will happen when the Bitcoin price rises to over $ 100000. Do people take bitcoin anymore? Or how people will trust bitcoine. If the price goes down from $ 100K to $ 1k, the world economy moves. Because very large capital owners sink.
$ 100k reduction to $ 1000 will not happen in my opinion, unless Bitcoin is rumored to be dead, because Bitcoin is not only owned by 1-2 people, all of them hold bitcoin to be made an investment

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December 23, 2019, 04:26:22 PM
 #104

Where will the weight shift when Bitcoin loses its dominance on the market? There's too much altcoin. Which of the subcoins will take over now. I think the Ethereum will be one of them. Then let's look at the subcoins that are good at the project team.
Ethereum is indeed the most successful altcoin so far and it has always been following the trends of bitcoin much better than any other coin. Well this is really absurd to think that bitcoin will ever lose its dominance. Ethereum can increase in its value but it can never be able to exceed bitcoin. Bitcoin has far more market than Ethereum. Even if all bitcoin is mined out, still I am sure that it would rule the world.
Not just only ethereum is the most successful altcoin ever but also way better than bitcoin. What bitcoin has is the reputation where ethereum does not have that much compared to bitcoin that is why it is vague for now to say that bitcoin will lose its place in market dominance. At the end, as decentralization is taking over the people, the possibility of bitcoin to lose the market dominance is at stake and not only the ethereum have the chance of getting to it.

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December 23, 2019, 10:18:41 PM
 #105

Bitcoin needs to lose market dominance. Because the price of any other project can not rise. Altcoins can't find a space for themselves. New investors are also investing in bitcoin. New investors now have to choose altcoins instead of Bitcoins. I think Bitcoin dominance will start dropping after $ 128,000.
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December 24, 2019, 05:36:42 AM
 #106

What will happen when the Bitcoin price rises to over $ 100000. Do people take bitcoin anymore? Or how people will trust bitcoine. If the price goes down from $ 100K to $ 1k, the world economy moves. Because very large capital owners sink.
$ 100k reduction to $ 1000 will not happen in my opinion, unless Bitcoin is rumored to be dead, because Bitcoin is not only owned by 1-2 people, all of them hold bitcoin to be made an investment
Firstly, the price of bitcoin can not just instantly skyrocket to one hundred thousand dollars. If it rises, the owners of bitcoin themselves will not allow it to grow further freely, because they will drop it at an acceptable price and its growth, according to the laws of the market, will first slow down and then fall. Investors will already remember what happened to the price of bitcoin after in December 2017 it soared in price up to $ 20,000. After that, it fell to $ 6,000, and then even lower. Therefore, bitcoin holders are unlikely to hold them, when the price of bitcoin rises, they will fix their profits.

Secondly, the cryptocurrency market is very flexible and volatile. If investors see that Bitcoin will not be able to constantly increase in price, as it was before that time, the situation will change very quickly and the attitude towards Bitcoin as well. Therefore, you need to be prepared for such a scenario.

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December 24, 2019, 12:58:34 PM
 #107

I think that bitcoin dominance will start at around $ 16,000 per bitcoin, and then, many investors will see a rise in bitcoin.
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December 24, 2019, 01:43:22 PM
 #108

below pizza  ? lol . that gives a little sense of humor there  but to the question if will btc loose dominance ?  yes it does happening already  . when btc loose its pump it sudenly looses his fame and many people quit on supporting btc  

.  there are now other coins that are on hype and that makes them to dominate this time although i dont  know if what will happen to them later on , maybe they can also loose that domination like what happen to btc   .
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December 28, 2019, 02:45:51 AM
 #109

Bitcoin needs to lose market dominance. Because the price of any other project can not rise. Altcoins can't find a space for themselves. New investors are also investing in bitcoin. New investors now have to choose altcoins instead of Bitcoins. I think Bitcoin dominance will start dropping after $ 128,000.
Bitcoin does not have to do anything especially lose market dominance, if the market was full of great projects and developers ready to make anything to improve the code of bitcoin then you may have a point but since that is not what we have in the market of cryptocurrencies we are stuck with a bitcoin that is extremely dominant and that most likely it will get even more dominant in the future as the average person decides to enter in the market.
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December 28, 2019, 05:26:51 PM
 #110

What will happen when the Bitcoin price rises to over $ 100000. Do people take bitcoin anymore? Or how people will trust bitcoine. If the price goes down from $ 100K to $ 1k, the world economy moves. Because very large capital owners sink.

When that happen I think there are some coin that will be incoming from the high value of bitcoin and soon it will dump also because a lot of person do sell their money. When the price gains a low value then soon it would recover because time is unlimited and there are a lot of things that are possible to happen.



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December 28, 2019, 07:37:34 PM
 #111

Bitcoin needs to lose market dominance. Because the price of any other project can not rise. Altcoins can't find a space for themselves. New investors are also investing in bitcoin. New investors now have to choose altcoins instead of Bitcoins. I think Bitcoin dominance will start dropping after $ 128,000.
Bitcoin does not have to do anything especially lose market dominance, if the market was full of great projects and developers ready to make anything to improve the code of bitcoin then you may have a point but since that is not what we have in the market of cryptocurrencies we are stuck with a bitcoin that is extremely dominant and that most likely it will get even more dominant in the future as the average person decides to enter in the market.
Actually we have a lot of great projects but the thing is they are not Bitcoin so people could not care that much about it. Bitcoin founded a very stable reputation for most of the people here who believes on it, there is no reason for people to just jump into another cryptocurrency. And given the fact that bitcoin's price is huge, people are just so eager holding it expecting to get a profit with it. One thing is for sure, bitcoin will not lose its market dominance at least in the next decade, it is bad if it does.
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December 29, 2019, 08:15:03 PM
 #112

Bitcoin needs to lose market dominance. Because the price of any other project can not rise. Altcoins can't find a space for themselves. New investors are also investing in bitcoin. New investors now have to choose altcoins instead of Bitcoins. I think Bitcoin dominance will start dropping after $ 128,000.
Bitcoin does not have to do anything especially lose market dominance, if the market was full of great projects and developers ready to make anything to improve the code of bitcoin then you may have a point but since that is not what we have in the market of cryptocurrencies we are stuck with a bitcoin that is extremely dominant and that most likely it will get even more dominant in the future as the average person decides to enter in the market.
Actually we have a lot of great projects but the thing is they are not Bitcoin so people could not care that much about it. Bitcoin founded a very stable reputation for most of the people here who believes on it, there is no reason for people to just jump into another cryptocurrency. And given the fact that bitcoin's price is huge, people are just so eager holding it expecting to get a profit with it. One thing is for sure, bitcoin will not lose its market dominance at least in the next decade, it is bad if it does.
Even if the price is low we keep working with bitcoin because bitcoin is one of the best coin that people have trust on. Bitcoin will be loved by people no matter how low price is as mostly people get advantage of that volatility and buy at low price and sell high. Price does not matter for investment but time matters so buy more if the price falls.

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December 29, 2019, 09:50:02 PM
 #113

Anyone can make an estimate for Bitcoin domination. I think a little different. What happens if the Bitcoin price drops too much? What happens if the Bitcoin price drops to $ 10. Maybe a altcoin will declare its independence.
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December 29, 2019, 10:27:52 PM
 #114

Anyone can make an estimate for Bitcoin domination. I think a little different. What happens if the Bitcoin price drops too much? What happens if the Bitcoin price drops to $ 10. Maybe a altcoin will declare its independence.

Independence to bitcoin's dominance? Don't you think that bitcoin fall for that price these crypto currencies will fall too? Might die to be exact. Crypto currencies price usually follows the fall of bitcoin and if the price fell that low, then we are also seeing cheap prices of these altcoins.

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Karmakid
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December 30, 2019, 12:51:07 PM
 #115

Anyone can make an estimate for Bitcoin domination. I think a little different. What happens if the Bitcoin price drops too much? What happens if the Bitcoin price drops to $ 10. Maybe a altcoin will declare its independence.

Independence to bitcoin's dominance? Don't you think that bitcoin fall for that price these crypto currencies will fall too? Might die to be exact. Crypto currencies price usually follows the fall of bitcoin and if the price fell that low, then we are also seeing cheap prices of these altcoins.
Yes, the price of bitcoin is the leader or the alpha in the market and the altcoins always depend on the price of bitcoin since all of them have an altcoin to bitcoin pair in the market. Bitcoin is like the face of the cryptocurrency market and if bitcoin fall to a very low price then it means that the end for the market has come.
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December 30, 2019, 04:43:49 PM
 #116

Can Bitcoin weight never shrink? I think it will fall back. However, this may continue for longer. Bitcoin owners do not want prices to fall. This could be better for the Altcoins this year. As long as the bitcoin price is fluctuating, the dominance will be high.
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January 09, 2020, 05:00:31 AM
 #117

Anyone can make an estimate for Bitcoin domination. I think a little different. What happens if the Bitcoin price drops too much? What happens if the Bitcoin price drops to $ 10. Maybe a altcoin will declare its independence.

Independence to bitcoin's dominance? Don't you think that bitcoin fall for that price these crypto currencies will fall too? Might die to be exact. Crypto currencies price usually follows the fall of bitcoin and if the price fell that low, then we are also seeing cheap prices of these altcoins.
Yes, the price of bitcoin is the leader or the alpha in the market and the altcoins always depend on the price of bitcoin since all of them have an altcoin to bitcoin pair in the market. Bitcoin is like the face of the cryptocurrency market and if bitcoin fall to a very low price then it means that the end for the market has come.
Altcoins could have a chance of surviving if they actually were trying new ideas and technologies to incorporate to their blockchains, but that is hard, so most of them just copy the code of bitcoin or the code of one of the few successful coins and then claim they are doing something new when deep down they know they are lying, and as such they will forever depend on bitcoin and even if at some point bitcoin had a value of zero all altcoins will follow bitcoin to the end and disappear with it.
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January 09, 2020, 10:00:54 AM
 #118

Can Bitcoin weight never shrink? I think it will fall back. However, this may continue for longer. Bitcoin owners do not want prices to fall. This could be better for the Altcoins this year. As long as the bitcoin price is fluctuating, the dominance will be high.

I wonder even more if Bitcoin's price can stay high with market dominance <70%
If its possible - Btc users shouldn't care about dominance and could support new good projects anyway
Betwrong
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January 09, 2020, 12:54:16 PM
 #119

What will happen when the Bitcoin price rises to over $ 100000. Do people take bitcoin anymore? Or how people will trust bitcoine. If the price goes down from $ 100K to $ 1k, the world economy moves. Because very large capital owners sink.
$ 100k reduction to $ 1000 will not happen in my opinion, unless Bitcoin is rumored to be dead, because Bitcoin is not only owned by 1-2 people, all of them hold bitcoin to be made an investment

I agree with this. Millions of people own BTC these days, and if it hit $100k at least once, it would take many years of bear market to go below $10k after that. Remember that it never went down below $120 after hitting $1,200 in December 2013, and then it never went down below $2k after hitting $20k in December 2017. I think, BTC can descend to 10% of the previous ATH only in the case of a big catastrophe.

And it will never lose its dominance in the Crypto Market. Basically we have two options. Either all the market is dead, or Bitcoin is dominant.

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January 09, 2020, 03:27:17 PM
 #120

It is both about bitcoins price but also altcoins price isn't it? I mean if bitcoin goes up and altcoins go down the dominance will go up but if we could somehow get both bitcoin and altcoins go up at the same time we don't have to have a dooms scenario in our hands.

So, what we should focus on is to get people to invest into bitcoin but at the same time show people how awesome other altcoins are as well which would both increase the price of bitcoin but also increase the price of altcoins which would at worst keep the dominance at bay. However, right now there are too many people who trust bitcoin a lot and not altcoins so much, people who trust altcoins are out there all the time, we need to increase the number of those people just like we do for bitcoin.

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