Topic: 80% BTC dominance by 2022 (Read 2170 times)
As if to 2022 have up to 80% of the bitcoin system value, the bitcoin continues to grow. The decrease in the price of bitcoin this year, nothing disturbing. Bitcoin will increase, please wait patiently.
80% of bitcoin dominates in 2022. I do not know if this has come true? If it happens then investing in bitcoin now benefits later. But the price of bitcoin is decreasing and everyone is bold until the year 2022. I intend to give up bitcoin if I sell out my bitcoin.
If you look at the current data, BTC dominance is still around 51% and the current price is under $ 7000 if later in 2022 the dominance of BTC 80% I just predict that the price will only reach $ 50,000 even if 2020 is good news with BTC due to 2022 still very far we better talk about the fate of BTC 2020 later.
I think this might be a very difficult one for bitcoin . predicting cryptocurrency is always a tough one though. Yes their will be dominance of btc but not 80%.
I agree. I also think that domination will be, but not so great. Domination in 50-60% is real, but the market will not allow more because now there are such leaders as Ripple and soon there will be even more.And 80% is likely but we don't know when that can be seen. Right now, with a various choice of altcoins it really looks impossible but there's a chance that it will.
It is not possible to predict accurately but I do feel with lots of scam alts being washed away in future there will be some handful of altcoins which will hold significant dominance because it has to be that otherwise if we say 80-20 dominance of bitcoin then we are indirectly quoting that cryptocurrency is all about bitcoin only which is not the fact we want to be carried away in the future. Bitcoin has its significance and it should always dominate the market but not with that much difference.
The dominant power of bitcoin still remain, I'm pretty sure of that. The continuous growth of bitcoin indicates it power and capabilities to lead crypto market and be known to everyone. We can imagine how crypto came like these just because of this coin and all altcoins are just having a big support for its success.
80% dominance is one of possible scenarious , as well as 30% , or 20% . In theory , a few very strong altoin projects may appear in the future that will be widely used by large companies and they will take away a very large part of the btc capitalization . So 20% of dominance seems to me a more likely scenario for future of crypto .
I think this might be a very difficult one for bitcoin . predicting cryptocurrency is always a tough one though. Yes their will be dominance of btc but not 80%.
I agree. I also think that domination will be, but not so great. Domination in 50-60% is real, but the market will not allow more because now there are such leaders as Ripple and soon there will be even more. 
it is not going to happen unless you stop calling market cap dominance 
otherwise as long as people use market cap as dominance and as long as it is super easy to create billions of shitcoins by clicking a button then bitcoin's dominance will continue to go down. by 2020 at least we will see 10000 altcoins with a total supply of probably around a thousand-trillion and bitcoin even with its price at $1 million won't even be able to have a market cap to compete with that much supply.
otherwise as long as people use market cap as dominance and as long as it is super easy to create billions of shitcoins by clicking a button then bitcoin's dominance will continue to go down. by 2020 at least we will see 10000 altcoins with a total supply of probably around a thousand-trillion and bitcoin even with its price at $1 million won't even be able to have a market cap to compete with that much supply.
Is this true? I mean, I heard similar explanations before but I always doubted them. If it was so easy to create a sh*tcoin with whichever marketcap you want, why we never see any of them in the top 20 on CoinMarketCap? I'm not sure if I'm right, but I think that it's not that easy for your coin to be even listed on CoinMarketCap.
For example, when you want to add a coin you have to answer the question:
Quote
Is the cryptocurrency currently traded on at least 2 exchanges listed on CoinMarketCap.com?
And if the answer is No, then your coin will not be even considered for adding.
On the idea, if so, then almost all the altcoins will die by that time. And it is unlikely that large investors will allow this because it is easy to manipulate any altcoin than bitcoin. Altcoin will be on the market for a very long time, even forever, such as ethereum or ripple. If we survive until 2022, then we will see how everything will be realized.
It would probably not be right if I did not support this, but it still seems to me that people are starting to invest in BTC, only after the start of new investor waves that can start very suddenly. Domination can be such I do not argue.
It is not possible to predict accurately but I do feel with lots of scam alts being washed away in future there will be some handful of altcoins which will hold significant dominance because it has to be that otherwise if we say 80-20 dominance of bitcoin then we are indirectly quoting that cryptocurrency is all about bitcoin only which is not the fact we want to be carried away in the future. Bitcoin has its significance and it should always dominate the market but not with that much difference.
80% of the domination can be very hard for many altcoins because in that case they will have to disappear, because BTC will have many holders, and this is simply not allowed. Therefore, this simply can not happen.
it is not going to happen unless you stop calling market cap dominance
otherwise as long as people use market cap as dominance and as long as it is super easy to create billions of shitcoins by clicking a button then bitcoin's dominance will continue to go down. by 2020 at least we will see 10000 altcoins with a total supply of probably around a thousand-trillion and bitcoin even with its price at $1 million won't even be able to have a market cap to compete with that much supply.
otherwise as long as people use market cap as dominance and as long as it is super easy to create billions of shitcoins by clicking a button then bitcoin's dominance will continue to go down. by 2020 at least we will see 10000 altcoins with a total supply of probably around a thousand-trillion and bitcoin even with its price at $1 million won't even be able to have a market cap to compete with that much supply.
I hardly believe that the era of altcoins will end and bitcoin will cost $ 100,000. This is a very unlikely event. The reason is simple, you need a huge investment for such a rapid growth.
So many people want to believe in altcoins so badly, dont be blind people, you will lose your asses over them.
BTC is the king, ofcourse there is some promising alts but overall btc will have dominance and it is only rational.
BTC is the king, ofcourse there is some promising alts but overall btc will have dominance and it is only rational.
I don't think so, because in 2022 the BTC dominance will actually drop below 50%, because people have switched to invest in altcoin.
Of course people will invest in altcoins, the question is how much compared to investing in BTC. The vast majority of people has not been dealing with any crypto at all. It would be safe to assume that by 2022 the situation will change drastically, and at least 10% of the world population (compared to today's 0.5%) will be actively using cryptocurrencies. But since it takes so long for most people to develop their trust in the king of all cryptos, surely the newcomers will be wary of dealing with other coins at fist. Therefore I think OP is right, 80% BTC dominance by 2022 is pretty much possible.
Over the coming years a number of independent projects will increase explosively.
That will take away many %% of dominance. Just my opinion.
For sure, bitcoin maybe the king but it will not continue to dominate the market, and it's not healthy when its dominance will increase like thatThat will take away many %% of dominance. Just my opinion.
as it would not make the altcoins grow. In terms of technology, bitcoin is outdated but it's the most trusted coin because it was the first to be popular, in the long run, people will get more matured and they will also begin to appreciate altcoins.
To my mind, it will be smth kind of digital gold, which will be some kind of value and an asset.
This prediction may be wrong considering the fact that there are many good altcoins emerging these days. Although Bitcoin has stood out as the King of Crypto, others like Ethereum and even Ripple also have massive supporters. Well lets see till then.
There's a long time ahead of us for 2022, maybe even bitcoin will die. I think bitcoin is very high in price and there is a lot of unnecessary coin in the market. in a long time, the first 10 external crypto coins will die
Agree on, that many altoins are scams and they will disappear from the market , but 2022 is 4 years from now and it is a long period in crypto. Until that some new star coins will appear with new technology and that is the process of crypto evolution. My prediction for BTC market share in 2022 is 15% - 20%
lol, you just want to make yourself believe that you will become rich from shitcoins.
Ok, let you imaginatoin run wild and say what kind of coins will rise so much in their tech advantages and popularity that they will dwarf BTC?
And lets skip protocol coins at the very begining since we all know that ICO bum is over .
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