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Topic: 80% BTC dominance by 2022 - page 5. (Read 2170 times)

member
Activity: 590
Merit: 39
September 01, 2018, 05:39:26 PM
i dont understand how can btc dominance go that much up. bitcoin is not enough good to cover needs of the ecosystem. network size, transaction fees, speed etc are not good at all.
Yes, he is not perfect, there are many altcoins that far surpass him. But he's the first pioneer, he's the least active. He was created early, and many of his equals. He is a legend of all cryptocurrencies. And of course I agree with you that the dominance of bitcoin will be 60-80%

in 2022? i'd say 20-30% they need to improve many things yet
full member
Activity: 602
Merit: 100
September 01, 2018, 05:33:04 PM
I think that 50-55% BTC dominance is a max for BTC at this moment  , but in 2022 it will be arround 20 -25 % as
many new coin will enter the market and some of them will become new top coins.
hero member
Activity: 1065
Merit: 510
September 01, 2018, 05:14:30 PM
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.
No doubt on next halving we would able to see price of bitcoin would be certainly high but the number you had given aren't really too realistic on reaching those ranges for a matter of few years but I do agree on the fact when Altcoin do dumps and only a few would remain then btc dominance would really be certain but talking on the price I don't even believe that it would really be that easy.
member
Activity: 588
Merit: 18
September 01, 2018, 04:58:07 PM
I think the probability of this prediction is very low. Of course, that doesn't mean it won't happen in the future. After all, everything is possible in this market.
member
Activity: 350
Merit: 10
September 01, 2018, 04:49:19 PM
I very much doubt the dominance of bitcoin as much as 80%. The time of chaos in the creation of new coins is gradually passing - there are more and more really needed and used coins that will eventually pull a part of the blanket over themselves.
jr. member
Activity: 223
Merit: 1
September 01, 2018, 04:38:45 PM
I think Bitcoins dominance will most likely be closer to 10% than 80%.  With all the new coins coming to market even if they all just scrape a few 100k from the market cap it will become more and more difficult for Bitcoin to maintain a high percentage.  I do think it will be #1 even at 10% dominance.  
newbie
Activity: 140
Merit: 0
September 01, 2018, 04:34:35 PM
I really doubt that. We know bitcoin keeps getting better and better by the day but 88% of the market to be invested in only bitcoin is highly doubtable even in the next 40years.
alp
full member
Activity: 284
Merit: 101
September 01, 2018, 04:30:02 PM
i dont understand how can btc dominance go that much up. bitcoin is not enough good to cover needs of the ecosystem. network size, transaction fees, speed etc are not good at all.
Yes, he is not perfect, there are many altcoins that far surpass him. But he's the first pioneer, he's the least active. He was created early, and many of his equals. He is a legend of all cryptocurrencies. And of course I agree with you that the dominance of bitcoin will be 60-80%
newbie
Activity: 98
Merit: 0
September 01, 2018, 04:24:21 PM
Bitcoin current dominance is around 50% of the total market cap. Its the most we have seen from a long time. Saying that btc dominance will be 80% by 2022 is an overstatement. If this happens, then altcoins will mostly fail.
hero member
Activity: 752
Merit: 501
September 01, 2018, 04:21:38 PM
There are a lot of coins in the market right now and I take it that by 2022 there will be even more coins in the market which would make it impossible for bitcoin to have that much dominance in the market. The truth is that bitcoin is always going to have the highest dominance in the market but I do not believe that the dominance can get to 80 percent at any time.
full member
Activity: 616
Merit: 102
August 30, 2018, 08:00:03 PM
#99
In my opinion that's impossible. If people think that altcoin is scam then the usefulness of cryptocurrency will be limited. We knew that altcoins has been solving the problem that bitcoin could not.
full member
Activity: 518
Merit: 101
August 30, 2018, 07:34:43 PM
#98
Not bad, but mcafee say $1,000,000 bitcoin price in 2020 so he absolutely lie? I dont trust him again
member
Activity: 350
Merit: 10
August 30, 2018, 07:28:32 PM
#97
Bitcoin is already quite dominating at present. But then this speculation is yet to be seen. How nice will it be for Bitcoin to land on a 6-fig price?! Just imagine about the long time holders if this happens! It would be quite crazy! It is quite difficult to get good profit with Bitcoin today due to its price especially for late adaptors. Which is why one must set his mind for long term if he wants to join the BTC ride.
full member
Activity: 462
Merit: 100
August 30, 2018, 06:45:14 PM
#96
I believe that too! 2020 will be a turning point for the crypto market. We will witness miraculous growth!
member
Activity: 574
Merit: 11
August 30, 2018, 06:34:11 PM
#95
We will see more and more new altcoins every day. Some of them will really great. Blockchain become more popular and usable day by day. So I think Bitcoin dominance can't be 80% in 2022.
newbie
Activity: 109
Merit: 0
August 30, 2018, 04:44:27 PM
#94
Its a possibility though there are a lot of new projects ongoing, btc is still the favorite and no one can overtake btc regarding its popularity. I just hope that btc will start going up now and get back in the right track.
newbie
Activity: 105
Merit: 0
August 30, 2018, 04:44:10 PM
#93
In my opinion, in 3-4 years dominance of Bitcoin will be much lower than now. Today there are so many exciting projects and in several years the majority of them will achieve big results.
member
Activity: 490
Merit: 10
August 30, 2018, 04:40:03 PM
#92
Maybe everything will not be exactly as the topicstarter says. Among the altcoins there are also a lot of very unusual and necessary projects. It seems to me that this bitcoin market will continue to grow with the altcoins.
newbie
Activity: 196
Merit: 0
August 30, 2018, 04:16:32 PM
#91
I agree with cellard. Now the market is just at 2 stages, the stage of screening and application of cryptocurrencies in the real economy. In a couple of years, the market will adapt and a sharp jump will begin, I think that the crypto market will reach a capitalization of 1 trillion.
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