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Author Topic: If bull runs happens, how much BTC dominance will be at peak?  (Read 340 times)
Jamie Oliver
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August 14, 2018, 04:27:11 AM
 #41

Could go as high as 80 percent, and if the bitcoin dominance really does reach 80 percent, then the price of altcoin could rise many times if many bull markets come to pass.


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August 16, 2018, 08:26:05 AM
 #42

Could go as high as 80 percent, and if the bitcoin dominance really does reach 80 percent, then the price of altcoin could rise many times if many bull markets come to pass.


Bitcoin will remain dominant and will never see it behind due to its up going graph or improvement it will not come to second or third position and if you look at other crypto coins those have not enough potential and strength to compete with Bitcoin. Furthermore crypto coins other than Bitcoin will take a several years to reach at even the lowest value of Bitcoin.
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August 16, 2018, 09:14:24 AM
 #43

Could go as high as 80 percent, and if the bitcoin dominance really does reach 80 percent, then the price of altcoin could rise many times if many bull markets come to pass.

It could ONLY go to 80% if Bitcoin continues to tank deep which makes altcoins tank even deeper. Bitcoin going up means altcoins will eat up Bitcoin's market cap dominance and we'll be back hovering within the 40-45% range.

People just need to accept that Bitcoin being even close to 50% is a fantastic achievement with so many altcoins and tokens artificially inflating the total market cap. It's one coin (BTC) versus thousands of other coins. It's an unfair comparison in every shape or form. Bitcoin technically has only a few competitors, while Ethereum has hundreds of competitors trying to take its spot.

Bitcoin gained dominance verus all other coins. Ethereum lost dominance verus all other coins. If there is one coin 'losing' the battle, then it's Ethereum.
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August 16, 2018, 02:19:35 PM
 #44

Could go as high as 80 percent, and if the bitcoin dominance really does reach 80 percent, then the price of altcoin could rise many times if many bull markets come to pass.


Bitcoin will remain dominant and will never see it behind due to its up going graph or improvement it will not come to second or third position and if you look at other crypto coins those have not enough potential and strength to compete with Bitcoin. Furthermore crypto coins other than Bitcoin will take a several years to reach at even the lowest value of Bitcoin.

That will happen if the bitcoin bull run would be of the same magnitude as that of december 2018. As it stands, alts will also recover and would likely bring back old hands to it. The market movement recently proved to be a little more costly for alts than btc

 
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