I don't know, all of these predictions of btc dominance in the future and btc being worth over $100,000 seem far fetched to me.
We got our first glimpse of what btc would be like if started to get mass adopted last Jan. when btc transaction volume was skyrocketing.
lets just say...it wasn't pretty.
Do you remember confirmation times that would take hours?
How about those 20 to 30 dollar transaction fees?
Does any of that seem practical to use in the real world?
On top of that, just the cost and energy it takes to maintain the btc blockchain is more than a small country.
So think about this, if it's too expensive to maintain, too expensive to use for normal transactions, and takes hours to do it, who would ever want to use it?
Also, this is just where we are now, imagine if btc really started to get used in the mainstream.
Topic: 80% BTC dominance by 2022 - page 2. (Read 2170 times)
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 In terms of technology, bitcoin is outdated but it's the most trusted coin because it was the first to be popular, in the long run, people will get more matured and they will also begin to appreciate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.
indeed all cannot be known with certainty and is difficult to predict. all just assuming without certainty. I think positive thinking is also very good to encourage enthusiasm that assumes as you wish.
Yes. BTC dominance can happen and it can be beneficial to everyone in the crypto world. Increase on bitcoin's price can really affect the alternate coins per dollar value. Although this could result into some alternate coins to disappear because of the aggressive competition, this will filter low quality coin and the bar for excellence on crypto will be raised. Quality over quantity. We don't need that many alts. 
Over the coming years a number of independent projects will increase explosively.
That will take away many %% of dominance. Just my opinion.
That will take away many %% of dominance. Just my opinion.
if that happens, then I'm sure 50% even more altcoin will disappear, because they sell and leave altcoin and choose to invest in Bitcoin, so I doubt if in 2022 the Bitcoin domain will be 80%, because I'm sure in 2022 it will still a lot of coins that are better than Bitcoin, making people prefer to invest in altcoin rather than Bitcoin.
This is crazy prediction , offcourse its possible because when ETF gets approved big institutions will invest in BTC ETF which will drive the price of BTC rapidly which naturally will cause bull run . But I believe in the future we will see less btc dominance because more and more projects are coming out each month
It is quite possible to achieve 80% dominance for btc after the market has shaken of shitcoins in the gutter. However, some altcoins are fairly good so 20% to be shared for those might not be realistic. Even 50% dominance for bitcoin is enough IMO.
80%-20% is a good rule, but at least there are 100+ good and worthy projects (and they take a decent piece from the market cap) at this stage of the market development, but we will see what will be later on.
Agreed, that some of that capitalization is totally fake and I believe it is not counted correctly, as if company's capitalization is 10m$, but there is 5k$ liquidity, it does not worth that much money for sure. In math terms, it's counted correctly, but there is no logic in such estimation. Any ideas how the capitalization should be calculated?
Agreed, that some of that capitalization is totally fake and I believe it is not counted correctly, as if company's capitalization is 10m$, but there is 5k$ liquidity, it does not worth that much money for sure. In math terms, it's counted correctly, but there is no logic in such estimation. Any ideas how the capitalization should be calculated?
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%.
Bitcoin dominance is really evident today but 80% dominace is a bold prediction. There is a lot of great altcoins that could dominate the cryptocurrency. BTC is the most recognize digital coins but ETH, BCH, and other also plays a huge role in the cruptocurrency world.
my opinion is that the share of bitcoin will be only 10-20 percent, as I believe that now a lot of promising altcoins
It depends a lot on different factors, if the market of ico will finally be regulated and if the fees finally can be managed in a better way than the current ones, the dominance will increase more and more.
80% I think it is a too positive estimate and I think it could only happen if the market will collaps, if instead the market grows I hope a maximum of 60%.
80% I think it is a too positive estimate and I think it could only happen if the market will collaps, if instead the market grows I hope a maximum of 60%.
It might happen the way things are happening in the cryptocurrency industry, Bitcoin proving to be the most dominant coin in the market and investors are losing trust on so many ICO and they will just pick a handful ICO to invest, unless we see a regulation where we will restrict those ICO that will not perform in the market.
I would agree with you if bitcoin react at 100K USD! Because if bitcoin gain that mark then a lot of altcoins will dead, therefore many shit coins will be dying! So, 80% bitcoin dominance will be normal! But if bitcoin can't reach 6 digits mark, then I have a doubt! Without such golden price, bitcoin won't make 80% dominance.
If crypto still alive, definitely Bitcoin will still consistently goes on the top among other. It's dominance today will remain and no other coin would take place over bitcoin. There is no doubt if it's capabilities to role over crypto market.
I am not sure about such domination of bitcoin over altcoins, I think that the share of bitcoin will be 30-60 % of the entire capitalization of cryptocurrencies
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%
I believe we'll go back to 2022 Bitcoin dominance by 2022.
The next halving should have put us past 6 figures, somewhere from $100,000 to $500,000 (to difficult to know where it will peak before the crash once we get past the 6 figure psychological barrier which is an huge accomplishment.. I predict tons of people getting rekt as they sell at $100,000 and open shorts expecting the price to crash right at $100,000)
The next halving should have put us past 6 figures, somewhere from $100,000 to $500,000 (to difficult to know where it will peak before the crash once we get past the 6 figure psychological barrier which is an huge accomplishment.. I predict tons of people getting rekt as they sell at $100,000 and open shorts expecting the price to crash right at $100,000)
This speculation is hard and in the same time fun to do. My view is that we will get to 100k someday, the timeline is uncertain and impossible to predict, it can happen organically or can be fueled by some big event like war or regular stock crash.
The 80% mark could be a real number also since we all know that most alts are sh*t.
No way! 80% dominance is too much,I believe in future dominance will be decreasing ,because more and more coins will appear and some of them can suggest new technologies,so btc won't be dominant
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