Topic: 80% BTC dominance by 2022 - page 7. (Read 2170 times)
I am not surprised. Btc's dominance is constant and unfortunately you can do nothing with it only. I hope that this depending from Btc will be less in the future.
The 80% dominance seems a little unbelievable and impossible.
There are some issues already with bitcoin, which some altcoins have been able to solve. Even if there is bitcoin dominance, it will not be able to eliminate so many altcoins.
Why BTC coins are still valuable, I do not understand. BTC is the first coin, it is still an error version. Why is it so popular?
LOL what error version. Bitcoin network is by far most secure cryptocurency network in cryptoverse. How can you you call it an error version LOL. Bitcoin protocol can get modified when some fancy new stuff come along.
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.
I think that building such long-term forecasts on such an unpredictable market does not make any sense. Nobody knows what will happen in half a year, why make a guess for 5 years ahead? Maybe the price will be $ 100,000, and maybe $ 10, I think it's equally likely.
It is not impossible for BTC to reach 6 digit number in value but it may take a couple of years before it gets there. Surpassing $20,000 for BTC was intense and creates a major correction in all altcoins when it went down up to $5500. If BTC will be introduced as fiat money, $100,000 and above for BTC price will be very easy.
It won’t be possible for the dominance to go that high as that seems too much.
Why BTC coins are still valuable, I do not understand. BTC is the first coin, it is still an error version. Why is it so popular?
In order that the dominance of bitcoin grow, it is necessary that bitcoin itself began to improve and eliminate its shortcomings. It is necessary that bitcoin is not used primarily as a means of accumulating value, but more like a payment system, like money.
Meanwhile, we see a gradual decrease in the level of capitalization of bitcoin, and hence its dominance. If at first the dominance of bitcoin was 94 percent, then until recently it dropped to 32 percent. Only in the last week this figure is up to 50 percent.
Meanwhile, we see a gradual decrease in the level of capitalization of bitcoin, and hence its dominance. If at first the dominance of bitcoin was 94 percent, then until recently it dropped to 32 percent. Only in the last week this figure is up to 50 percent.
I also support the belief that BTC will rise and that other projects will rise as well, in my opinion bitcoin will still be in the first place.
BTC is still a top choice for users. Actually, the price of BTC is higher and more valuable, everyone uses it. BTC always occupies an important position in the electronic money market
no its not going to happen. once BTC dominance was below 35% . when people see a stable BTC then they move in to alts for huge gains. also some experts predicts that BTC dominance may go below 20% in 2019 end
I think so, because now bitcoin dominance has reached over 50% and will continue to increase, and to the fact that most coins will leave the market. There will be Bitcoin, Ethereum, and a few more coins.
If bitcoin dominance back to 80%, than lots of altcoins and tokens will dead. These project will actually stop, not just price drop like these months. The crowd will start to decide which is the best for hold and which will need to avoid.
Even right now, it's obvious that there's a lot of dead and shitty alternative coins around us. This is the wasted project with a weird and common idea about services and other stuff. We need to face that the crypto currency is too risk right now, and hoping that 2022 that already mention on previous post are need some regulations and rules for good. 
If bitcoin dominance back to 80%, than lots of altcoins and tokens will dead. These project will actually stop, not just price drop like these months. The crowd will start to decide which is the best for hold and which will need to avoid.
I somewhat agree with the other guys here. In the next 3-4 years there could be more altcoins that could reduce the dominance of Bitcoin. The continuous dips might not be enough to put Bitcoin's dominance back at 80% imo as altcoins are getting out of hand and it won't stop. I get that most of them are expected to be less valuable in the future but as these old coins go down there's new ones being made. My rough estimate is up to 55%-60% if Bitcoin goes above $100k and starts dips down after that.
You may not need to wait till 2022. During the past two months, the Bitcoin dominance has risen from 33% to 53%. At this rate, we may witness 70% to 80% dominance by 2019. It may even occur before the end of this year, but let's take a conservative scenario.
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.
80% + BTC dominance is not new in any way.
BTC was dominating cryptomarket with 80% + and above till March 2017, post which there was a steep decline in its dominance seeing lowest at 33% in January 2018.
Currently BTC is aiming high again with 52% + dominance on current date.
But again, comparing BTC dominance to BTC price does not always makes sense. Yes, it shows how BTC is dominating the market, but a lot many times, a high BTC dominance is a positive sign for ALT season.
The Mass first purchase BTC so that they can accumulate ALTs on BTC pair too.
As the time passed, people have come to know about a coin named crypto but most of them don't realize the importance of Bitcoin and unfortunately get betray by some altcoin lovers.
It is quite possible that one day people will come to know the importance of Bitcoin and make it 10x higher in value
It is quite possible that one day people will come to know the importance of Bitcoin and make it 10x higher in value
Bitcoin will reach 100K in a few years, but I don't agree with the judgment that Bitcoin will account for 80% of the market by 2022. It's possible that in a few years the community will be very large and there will be more altcoins in the market.
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