Topic: 80% BTC dominance by 2022 - page 3. (Read 2170 times)
It is very difficult for me to predict for such a remote time. But it seems to me because there will be a lot of new coins that can be faster and more technologically than bitcoin, the figure of 80% will not be achievable.
Bitcoin after the full implementation of the lighting network can displace many altcoins. For example, LTC, DODGE etc
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)
By then the fact that most alts are scams should be obvious to even noobs and BTC will go back to the natural 80% balance as per pareto law distribution.
The alternative is there is a possibility we don't quite get past $100,000 and fall right before getting there, which would give us a a year or two of dipping before we actually get past $100,000 which will definitely crush altcoins.
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)
By then the fact that most alts are scams should be obvious to even noobs and BTC will go back to the natural 80% balance as per pareto law distribution.
The alternative is there is a possibility we don't quite get past $100,000 and fall right before getting there, which would give us a a year or two of dipping before we actually get past $100,000 which will definitely crush altcoins.
At the beginning of this year, many prediction said bitcoin will hit 50k - 100k USD at the end of the year.
But something bad happen. So, becareful on investing in crypto, everything could happen in any condition
I think bitcoin will get less dominant in future. It's true that many altcoins are scams, but there are many other coins who are strong and have better technology behind them comparing to bitcoin. These coins capitalization will grow as well and if you check in percentage you'll see that altcoin capitalization tends to grow faster than bitcoins.
it is not a fact that BTC will strongly dominate with technology development. It seems to me that some of the alternative coins will be able to surpass it in capitalization. all rests on the applicability in real life, which will take faster, then grow.
Bitcoin will certainly dominate always but I do not think that this domination will reach 80%/ Now, it is about 51%, and in 2022 it might grow up to 65% but not more. Some of the altcoins are greatly valued as well.
Is there any reasons why the market will reach it in 2022? Or it relates to the other Bitcoin forks? Well, I myself really feel curious about what will happen to the next bull run of the bitcoin because it will commonly influence the altcoin price. However, should we wait fro 2022? Hopefully it will come sooner.
This post may be silly, but in fact in the industry of crypto-currencies everything can happen, especially in such a long period of time.
I don't think so, because in 2022 the BTC dominance will actually drop below 50%, because people have switched to invest in altcoin.
Yes, domination is growing on a very global scale, but what can be done about it and is it dangerous at all?
I think that this is a normal reaction of people to the market, because very many people try to buy BTC, because they understand all the value and it's not dangerous
I think that this is a normal reaction of people to the market, because very many people try to buy BTC, because they understand all the value and it's not dangerous
I believe that bitcoin will always be in the first place and will dominate but I think that it will dominate the altcoins about 60 -65 % as the technology will be improved and the market will still have a worthy project that will have part of the capitalization !
I think it's impossible. Such domination of bitcoin remains in the past and is unlikely to happen again due to the growing token market.
That is not predicted by friends, because Bitcoin is not predictable.
Let the water flow from the mountain by flowing slowly and all markets will return to green with their own.
Let the water flow from the mountain by flowing slowly and all markets will return to green with their own.
Nice lines mate, you cannot predict anycoin as well as no experts can say the exact status of cryptocurrencies. We need to research on our own. Apart from this even altcoins are growing too. Like you said we need to wait and watch.
I am hope in 2022 cryptos have more spread and we can use real working products.
But if thats not hapen btc can have 80% of market
But if thats not hapen btc can have 80% of market
I think this is impossible. Even today there are very good projects, and as we come to 2022, there will be much more powerful projects. My guess is 30%
Lol don't you even understand about how it works? bitcoin has 21 millions supply and that means it can growth a lot after the hardcap supply will have achieved. This time bitcoin dominance is more than 50% and that gives a lot of possibilities to the bitcoin to eat the altcoin dominance. Just in a few months and bitcoin has eaten more than 20% of altcoin market dominance.
Though Bitcoin will still dominate altcoins but I don't believe that the dominance can be up to 80% in some years to come.
And to me, one crypto heavily dominating the entire industry is not the best. In an ideal business world, the more evenly distribution of the money within the market, the better and stronger the market will be. When money spread out more evenly, it gives investors chance to compare the different pros and cons of many different cryptocurrencies thereby giving them a more balanced view of the market as a whole.
And to me, one crypto heavily dominating the entire industry is not the best. In an ideal business world, the more evenly distribution of the money within the market, the better and stronger the market will be. When money spread out more evenly, it gives investors chance to compare the different pros and cons of many different cryptocurrencies thereby giving them a more balanced view of the market as a whole.
I think by 2022 the dominance of bitcoin will decrease to the lowest level. By that time, there will be already a lot of coins in the market, from which there will be practical benefits.
Now many experts believe that the dominance of bitcoin has reached its maximum and in the future it will only decline (https://dailyhodl.com/2018/09/18/bitcoin-btc-will-lose-half-of-its-market-share-to-ethereum-eth-weiss-ratings/). It seems these experts have every reason to believe so.
Well, I think anything is possible but BTC dominance of up to 80% of all the whole crypto ecosystem may seem impossible by 2022 because there are lot of emerging project in the crypto world and I see them getting huge dominance by 2022.
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)
By then the fact that most alts are scams should be obvious to even noobs and BTC will go back to the natural 80% balance as per pareto law distribution.
The alternative is there is a possibility we don't quite get past $100,000 and fall right before getting there, which would give us a a year or two of dipping before we actually get past $100,000 which will definitely crush altcoins.
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)
By then the fact that most alts are scams should be obvious to even noobs and BTC will go back to the natural 80% balance as per pareto law distribution.
The alternative is there is a possibility we don't quite get past $100,000 and fall right before getting there, which would give us a a year or two of dipping before we actually get past $100,000 which will definitely crush altcoins.
Guess you mean "80% not 2022." Read the first line again.
Well, it'll benefit no one in Cryptocurrency World if Bitcoin achieves 100% dominance at $70 per coin while other Cryptocurrencies vanish at $0.
Better we aim to grow together and mutually.
It would be great if Bitcoin is at 40% dominance at $30,000 per coin, wouldn't it..
The bitcoin dominates among cryptocurrencies more and more. Limited issue can make it very popular and packed. I buy bitcoin
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