Will Bitcoin market dominance stay high forever?

[bubilas]

Every day, we see new altcoins pop up in the market. Some existing altcoins rise in price at a faster pace in Bitcoin, taking a significant portion of its market share. ETH is a good example of this. Despite all of the buzz surrounding altcoins, Bitcoin's market dominance is still high (for obvious reasons). However, some believe that could change in the future as more liquidity enters the crypto market.

Do you think there's possibility Bitcoin's market dominance will decline in the future? I'm not talking about another cryptocurrency taking Bitcoin's market share entirely, but rather reducing its dominance to a point where it's at the minimum (like declining from 50% all the way to 10% for example).

Your input would be greatly appreciated. Thanks.

I don't think Bitcoin will lose any ground to altcoins. I remember a time when altcoins were truly strong, during the ICO era, and no one knew what would happen next. Many rightly believed that an altcoin might appear faster and cheaper than Bitcoin. Incidentally, the same was true of Bitcoin Cash. I seriously believe that this happened, and Bitcoin's strength wasn't as obvious as it is now. But when everyone realized back then that ICOs are often a scam and that new altcoins are generally scams, Bitcoin's dominance strengthened. Then came NFTs and memes, and everyone realized that all of this was just fun and games, except for Bitcoin. Bitcoin itself is a serious technology, true digital gold.

[hero_the_bossman]

Yes, I actually agree that Bitcoin’s dominance could decline significantly in the future — not because Bitcoin becomes irrelevant, but because the entire crypto market keeps expanding in every direction imaginable.

Right now, Bitcoin dominates mainly because it’s the oldest, most trusted asset in the space, and it acts as the “entry point” for many new users and institutions. But as more liquidity flows in, it doesn’t necessarily mean it all goes into Bitcoin. It just means the total pie gets bigger — and altcoins get to grab more slices.

Only if said alts will be as big as the ones now, and I highly doubt it. The further we go, the more space demands to stay relevant and get yourself a place under the sun.

[imthegreat]

Every day, we see new altcoins pop up in the market. Some existing altcoins rise in price at a faster pace in Bitcoin, taking a significant portion of its market share. ETH is a good example of this. Despite all of the buzz surrounding altcoins, Bitcoin's market dominance is still high (for obvious reasons). However, some believe that could change in the future as more liquidity enters the crypto market.

Do you think there's possibility Bitcoin's market dominance will decline in the future? I'm not talking about another cryptocurrency taking Bitcoin's market share entirely, but rather reducing its dominance to a point where it's at the minimum (like declining from 50% all the way to 10% for example).

Your input would be greatly appreciated. Thanks.

I don't think Bitcoin will lose any ground to altcoins. I remember a time when altcoins were truly strong, during the ICO era, and no one knew what would happen next. Many rightly believed that an altcoin might appear faster and cheaper than Bitcoin. Incidentally, the same was true of Bitcoin Cash. I seriously believe that this happened, and Bitcoin's strength wasn't as obvious as it is now. But when everyone realized back then that ICOs are often a scam and that new altcoins are generally scams, Bitcoin's dominance strengthened. Then came NFTs and memes, and everyone realized that all of this was just fun and games, except for Bitcoin. Bitcoin itself is a serious technology, true digital gold.

In any case, the main reason for Bitcoin's dominance is its resistance to hacks. We won't talk about a 51 attack, because I don't believe that's ever possible. I've seen dozens of projects scammed or hacked from the outside because the developers created a crappy blockchain for their project, or because someone fell for a phishing link. Bitcoin is and will remain, and that's its main advantage. It's time-tested, and Bitcoin has passed this test with flying colors. The blockchain hasn't been broken, even if it was slowed down, for example, by ordinals. Well, no one's perfect.

[Furball808]

I believe it could happen at times. From the past cycle, we did not really see altcoins rise as observed before which kept the dominance towards bitcoin but there could be future instances wherein altcoins may be deemed more valuable or in demand than bitcoin but only at that specific time.

Do you think there's possibility Bitcoin's market dominance will decline in the future? I'm not talking about another cryptocurrency taking Bitcoin's market share entirely, but rather reducing its dominance to a point where it's at the minimum (like declining from 50% all the way to 10% for example).

Your input would be greatly appreciated. Thanks.

Until bitcoin remains to be the superior cryptocurrency, dominance will remain on its side. It may only decline if there’s ‘better’ cryptocurrencies to be created.

[free-bit.co.in]

For Bitcoin dominance to fall, the market must experience what inflow of money to other coins. Over the past 3 years money has always flow to Bitcoin specifically from institutional investors spending billions of dollars to buy Bitcoin, that's why the dominance has been that way.

Today, Saylor and strategy bought $900m worth of Bitcoin, that's something ethereum and Solana ETFs combine rarely see, there is also demand coming from Blackrock and other ETFs buying millions of Bitcoin weekly, these are the vehicles that contributed to Bitcoin dominance. Until we see this moves from institutions going to Altcoins before the dominance is going to change.

Yes, Bitcoin's dominance will only diminish as capital shifts to altcoins, but it doesn’t require all the money from Bitcoin to move there. If even a small fraction of that money flowed into altcoins, Bitcoin’s dominance would decline.

Assuming there were only BTC ETFs, the money flow would be entirely focused on bitcoin, but many altcoin ETFs are being approved, and institutions only need to allocate 10 or 15% to altcoins. Bitcoin's dominance will also gradually decline.

For example, today's ETF cash flow is aggregated from Farside. If all the money flows into Bitcoin, its dominant position will increase, but if the flow of money continues to disperse, a gradual decline in Bitcoin's dominance is clearly inevitable.

ETF, Net Flow (USD)
Bitcoin,+$151.9M
Ethereum,+$177.7M
Solana,+$16.6M
XRP,+$8.73M

Source: Farside

[Abiky]

For Bitcoin dominance to fall, the market must experience what inflow of money to other coins. Over the past 3 years money has always flow to Bitcoin specifically from institutional investors spending billions of dollars to buy Bitcoin, that's why the dominance has been that way.

Today, Saylor and strategy bought $900m worth of Bitcoin, that's something ethereum and Solana ETFs combine rarely see, there is also demand coming from Blackrock and other ETFs buying millions of Bitcoin weekly, these are the vehicles that contributed to Bitcoin dominance. Until we see this moves from institutions going to Altcoins before the dominance is going to change.

Well, some other altcoins will be getting their own spot ETFs soon. Maybe the diversity in crypto spot ETFs will attract institutional investors in the long run? I mean, there are a few alts with huge "upside" potential. It should only be a matter of time before "Wall Street" gets tired of BTC and starts pouring money into other crypto assets. ETH will surely drive momentum for a renewed altcoin season, as it's the second-largest crypto by market cap.

With increased capital inflows towards alts, BTC's market share will decline over time. But not to a point where it goes all the way down to zero. That will never happen for obvious reasons. The same way ETH won't completely lose its market share to rivals such as Solana, and BNB. There's this thing called "first-mover advantage", which renders both BTC and ETH "unbeatable" by any other crypto. Without them, we wouldn't be having this craze. Who knows how the market will change years into the future?

[NurseHub]

Do you think there's possibility Bitcoin's market dominance will decline in the future? I'm not talking about another cryptocurrency taking Bitcoin's market share entirely, but rather reducing its dominance to a point where it's at the minimum (like declining from 50% all the way to 10% for example).

I can't see any signs of crypto taking a good dominance on the crypto space that will lead to such amount of decline in the dominance of bitcoin in the market, there could be a slight decline of the market makes more crypto relevant like Etherum is in the altcoins world but that can't possibly shake the stands of bitcoin in the space the dominance is so high and unreachable by any crypto, maybe we can say that for a futuristic future.

[JaredIbrahim]

Yeah, alts will have their moments—flashy pumps, faster gains. ETH and others might eat a bigger slice of the pie short-term. But the moment real fear hits the market, everyone runs back to daddy BTC. It's digital gold, the safe haven. It earned that crown.

Could dominance dip below 50% in a wild alt season? Maybe. But drop to 10%? No shot. That would mean crypto is no longer about sound money and has become purely about speculation. And if that happens, the whole space loses its soul.

Long game? Bitcoin stays king. Alts come and go, but BTC is the foundation everything else is built on.

[JaredIbrahim]

Bitcoin's dominance can dip in an alt season, but it always bounces back. It's the bedrock.

Alts are for trading; Bitcoin is for holding. It's digital gold—when fear hits, everyone runs back to BTC.

Could it fall to 10%? Not a chance. That would mean crypto forgot what sound money is. As long as Bitcoin stays decentralized and secure, it keeps the crown.

[Hamza2424]

Your input would be greatly appreciated. Thanks.

Cryptocurrency is just getting started and Wall Street has already entered it and they are not entering it just like that, they must have more plans like bringing good like really good projects but they are already tokenizing the real world assets.

I don't think the dominance can decrease but with increasing number of alts the dominance might decrease but not sure, as it is going to be the number 1 all the time.

[Muba20]

Do you think there's possibility Bitcoin's market dominance will decline in the future? I'm not talking about another cryptocurrency taking Bitcoin's market share entirely, but rather reducing its dominance to a point where it's at the minimum (like declining from 50% all the way to 10% for example).

Bitcoin's market dominance will not always remain at the same level, sometimes it will increase and sometimes it will decrease. If there is an expectation that Bitcoin's market dominance will decrease from 50 to 10%, it does not seem logical to me. Because there are several things that, if observed, are unlikely to reduce Bitcoin's market dominance.

Bitcoin is now being planned to be a global reserve currency. Institutional investors are investing. Moreover, when a new altcoin comes to the market, the market dominance increases for some time, but later that dominance is added to Bitcoin again. That is why even if the market dominance of altcoins increases temporarily, in the long run Bitcoin's dominance increases. Due to the fixed supply, the demand for Bitcoin is gradually increasing, which is why its dominance is not likely to decrease much.

[Woodie]

Every day, we see new altcoins pop up in the market. Some existing altcoins rise in price at a faster pace in Bitcoin, taking a significant portion of its market share. ETH is a good example of this. Despite all of the buzz surrounding altcoins, Bitcoin's market dominance is still high (for obvious reasons). However, some believe that could change in the future as more liquidity enters the crypto market.

The more altcoins we have on the market, the more difficult it is for one of them to emerge as the dominant coin to the point of displacing Bitcoin . And in terms of altcoins price raising faster or more than bitcoin, we have to consider the marketcap for such project which at times is lower than the 21million Bitcoins and price has to be considered too..which is why these guys are able to pump and dump..

Do you think there's possibility Bitcoin's market dominance will decline in the future? I'm not talking about another cryptocurrency taking Bitcoin's market share entirely, but rather reducing its dominance to a point where it's at the minimum (like declining from 50% all the way to 10% for example).

Your input would be greatly appreciated. Thanks.

Technically possible but am not ready for such a future 

[mirakal]

There's always possibility that its market dominance will lessen in the near future, but I can't tell as to what extent. But the fact itself that everything about bitcoin is highly unpredictable, there's high possibility that what we are seeing now are not the same anymore in the future.

However, as per my understanding, bitcoin will only lessen its dominance if there's another coin or asset replacing its position, but probably there will be future market events as well that could lead to reduce bitcoin dominance in the market.

[Tinubu]

Honestly Bitcoin can't rule everything. It'll stay important but Bitcoin is like "digital gold" - strong but can't be everything....based on my personal findings i think New cryptos do specific jobs better
And Sometimes people pick others (Crypto's)for big gains..also Crypto has many uses so it needs different coins

If you're bothered bout that,i think you should try diversifying your crypto portfolio with Bitcoin as a foundation, and other coins for specific uses 😊

[Abiky]

Bitcoin's market dominance will not always remain at the same level, sometimes it will increase and sometimes it will decrease. If there is an expectation that Bitcoin's market dominance will decrease from 50 to 10%, it does not seem logical to me. Because there are several things that, if observed, are unlikely to reduce Bitcoin's market dominance.

Bitcoin is now being planned to be a global reserve currency. Institutional investors are investing. Moreover, when a new altcoin comes to the market, the market dominance increases for some time, but later that dominance is added to Bitcoin again. That is why even if the market dominance of altcoins increases temporarily, in the long run Bitcoin's dominance increases. Due to the fixed supply, the demand for Bitcoin is gradually increasing, which is why its dominance is not likely to decrease much.

The fixed supply (and first-mover advantage on the market) is what will save Bitcoin from losing its market share (dominance) completely in the long run. The market can have as many alts as it wants. But the market share of alts will never be able to surpass that of Bitcoin. Not even diminish it by a large margin. Only a bit due to volatility.

At the time of this writing, Bitcoin's market dominance sits at 58.9% (according to CoinMarketCap). That's still high, compared to how it was back in April 2018. ETH's market share hasn't increased that much over the years, which tells us that BTC's dominance will probably stay high forever. I'd expect it to increase even more now that institutional investors and governments are considering it to be the "Next Digital Gold". I guess we'll see each other in Mars, then.

[Yamifoud]

I can't guarantee that. Change is inevitable regardless how profitable bitcoin is today.

The people as well may also find better opportunities than bitcoin. Although I'm not saying that bitcoin is not gonna make it since I'm also a bitcoin optimist, but I'm just open to the possibility that bitcoin may not be in high demand forever. That's the biggest challenge for bitcoin, we still don't know if the market will favor in bitcoin for long.

[Russlenat]

The chance is always there as we are dealing here such a volatile coin and unpredictable market.

However, if the supply and demand continue to increase for years, I have to say market dominance will remain high, but if people have discovered new assets to venture into, I bet this might be a danger zone for bitcoin.

But lets not dwell on the future as everything is unclear there. Focus on how we can increase more bitcoin's demand so we can also benefit in return. What we sow now, we will reap in the future.

[Distinctin]

Do you think there's possibility Bitcoin's market dominance will decline in the future? I'm not talking about another cryptocurrency taking Bitcoin's market share entirely, but rather reducing its dominance to a point where it's at the minimum (like declining from 50% all the way to 10% for example).

When we talk about possibility, of course it will always be there even if the percentage is 0,00001%. But seeing how Bitcoin (BTC) has dominated the crypto market since its inception, I'm not sure the MC will go to 10%, it might weaken, but not that much. One of the reasons is because Bitcoin (BTC) is an increasingly scarce asset as time goes by, everyone wants a rare item that will continue to increase in value & also as a store of value.

Good thing about bitcoin is that its highly scarce, which means the more demand grows, the more scarce it will be, and the higher the price will be. Now if this will continue to takes place in the future, we won't be seeing then low dominance in the market, but we can't still be highly confident as there are always assets better than bitcoin, their development has not made into possible yet. Maybe not altcoins for sure.

[qwertyup23]

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Do you think there's possibility Bitcoin's market dominance will decline in the future? I'm not talking about another cryptocurrency taking Bitcoin's market share entirely, but rather reducing its dominance to a point where it's at the minimum (like declining from 50% all the way to 10% for example).

There is a possibility that the dominance of BTC would be threatened but I still doubt if it would take precedence over it.

The beauty of altcoins is that every coin produced introduces a new innovation that improves on the aspect of BTC. For example, some altcoins may introduce a new type of transaction that works entirely outside the blockchain to make it more secure and private, provides a faster transaction speed, or even produce new smart contracts. It really varies on what type of innovation they introduce that will spark the interest of investors.

I can't guarantee that. Change is inevitable regardless how profitable bitcoin is today.

The people as well may also find better opportunities than bitcoin. Although I'm not saying that bitcoin is not gonna make it since I'm also a bitcoin optimist, but I'm just open to the possibility that bitcoin may not be in high demand forever. That's the biggest challenge for bitcoin, we still don't know if the market will favor in bitcoin for long.

I do believe that the demand for BTC would increase as its supply decreases. Despite the presence of new altcoins, the fact that the price of BTC is still the highest among the other coins speaks for itself about its dominance.

[freedomgo]

Yes, if the demand for bitcoin continues to emerge in the market.

No, if there are other possible assets that will take place the position of bitcoin.

People will change, as well as the demand for bitcoin may not be always at its best.