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Topic: 80% BTC dominance by 2022 - page 8. (Read 2184 times)

hero member
Activity: 1582
Merit: 523
August 16, 2018, 11:01:43 PM
#51
It is not certain if btc dominance by year 2022 could grow. Difficult times can judge or we dont know the predictions could meet by that year. Possibly less of 80% can reach or whatever price it would be but still bitcoin a chance of higher growth.
newbie
Activity: 70
Merit: 0
August 16, 2018, 10:53:46 PM
#50
Inversely, I believe that BTC dominance will decrease below 30% by the end of 2022.
There will be much changes then.
May be a new coin with be created, with many advanced features it could gradually take over Bitcoin.
full member
Activity: 202
Merit: 100
August 16, 2018, 10:43:59 PM
#49
I doubt whether cryptos will still be a thing in 2022. Look at the rate an which the price is falling. I dont think these coins are capable of making the recovery and reach tee levels which we saw in December 2017.
hero member
Activity: 840
Merit: 502
August 16, 2018, 10:37:50 PM
#48
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.
A bitcoin dominance of that size by that time makes perfect sense to me, or at least something close but at the same time I do not know if you are correct about your prediction about the value of bitcoin, I can easily see bitcoin reaching 50k by that time but unless the adoption of bitcoin explodes then I find very doubtful we are going to reach 6 figures in less than 4 years.
jr. member
Activity: 296
Merit: 2
August 16, 2018, 10:30:04 PM
#47
It is possible, considering the market price track of btc and to be based from 2018 to 2022, that's 5 years to go. So my guess, it would be a great jump of price of the bitcoin surely. But still that relies on the bitcoins market supply and demand for the customers.
newbie
Activity: 159
Merit: 0
August 16, 2018, 03:43:42 PM
#46
well to me with what i m seeing i m not sure that the dominance could really make the market high that it was maybe %80 i can only gets to 30 or 40%
member
Activity: 574
Merit: 11
August 16, 2018, 03:34:01 PM
#45
Altcoins move more than Bitcoin so if Bitcoin will rise then Altcoin will rise more so Bitcoin's dominance will go lower. Also we should take into consideration that will appear new Altcoins and some of them can be very successful.
full member
Activity: 966
Merit: 104
August 16, 2018, 03:06:24 PM
#44
While there was a gradual decrease in the level of bitcoin capitalization from 94 to 32 percent. Only recently it has again risen to 50 percent. However, I think that the level of capitalization and dominance of bitcoin over other types of crypto-currency will continue to decline. Especially it will happen drastically if bitcoin's throughput continues to be low, and the transaction time and commission fee will not be the same as that of the advanced coins in this plan.
newbie
Activity: 78
Merit: 0
August 16, 2018, 02:43:42 PM
#43
We can guess whether the value of Bitcoin in 2020 is soaring, but I hope its value can be higher and higher, because I am a big fan of investing in Bitcoin.
member
Activity: 392
Merit: 49
August 16, 2018, 02:38:36 PM
#42
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.
Well, this is very likely, BTC dominace is increasing again after a longer downtrend. The first steps we can see is ICOs having problems to collect enough money compared to previous ones. Most shitcoins will go near zero and the Bitcoin dominance will profit.
member
Activity: 470
Merit: 12
August 16, 2018, 02:33:17 PM
#41
This is a quite interesting view of point to say, not many people are able to see the bigger picture in this time of "crypto depression." BTC has lost some trust of people during the last months, but people can very quickly forget it during another big bull run  Wink. But I think we will need much more exposure from retails and companies in general which will accept this kind of payments. I hope that another bull run will have a strong support of demand from this space rather than just a simple FOMO. And BTC dominance? Only time will tell, but it might have been on that level, why not? Even though BTC is more like a mascot of crypto space at the moment, improvements in its network can drastically bring people to its technology once again.
sr. member
Activity: 2520
Merit: 280
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August 15, 2018, 05:01:13 AM
#40
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.
It looks like the process of dominance getting started even from this year,now the dominance of bitcoin increases to 53% which is more than last's years dominance and most of the altcoins prices were dropping which shows that people were converting from altcoins to bitcoin but we also need altcoins as well to have stale crypto currency system.
jr. member
Activity: 252
Merit: 4
August 15, 2018, 04:59:39 AM
#39
It’s very hard to predict such a thing like this but I’m not sure that bitcoin dominance will increase more than this. It’s most probable that other coins like ethereum will gain dominance compared to bitcoin
newbie
Activity: 182
Merit: 0
August 15, 2018, 04:57:52 AM
#38
I'm very curious what BTC dominance will be in the future. I am sorta of the belief BTC dominance will top out somewhere around 80-90 percent.
hero member
Activity: 630
Merit: 500
August 15, 2018, 04:56:16 AM
#37
Without taking into account external events, factors, I think that bitcoin will reach the level of$20,000 by 2022. But these calculations are obtained without in-depth technical analysis.
legendary
Activity: 2296
Merit: 1031
August 14, 2018, 03:58:41 PM
#36
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 only problem with your logic is that it is illogical when comparing market share history.  Ethereum has proven that other coins can substantially seize market share by being just as successful as bitcoin.  This is what happens with technology.  Microsoft didn't make windows.  They stole it and made it the number one used OS all over the world.  Who's to say some other coin won't do the same thing bitcoin has done but better?

Bitcoin is hugely important but its market share was also largely supplanted with ethereum market share with the ICO craze.  Necessity is the mother of invention and ask most people in the crypto community what we need and it won't be bitcoin market share.  What we need is other successful coins like ethereum to continue to be successful and to a large degree we are seeing this.  The other thing we need is stability.  bitcoin is a fine utility coin but better coins that will have assured stability will appeal more to mass adoption.  This may not be to bitcoin purists liking but that doesn't really matter.  A technology comes along like blockchain and it is the new jet engine of our times.  It will open up parts of the world that were previously blocked.  But bitcoin alone won't do this and the downward trend of BTC market share over the years is further proof of this.
hero member
Activity: 3136
Merit: 591
Leading Crypto Sports Betting & Casino Platform
August 14, 2018, 03:32:15 PM
#35
This is encouraging, the scenario that can boost btc dominance up to 80% by 2022 is halving.

If you ever met the halving last 2016, you have seen on how it boosted up the market few months later.
hero member
Activity: 1624
Merit: 791
Bitcoin To The Moon 📈📈📈
August 14, 2018, 03:23:34 PM
#34
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.
I also believe in that but I also put the same trust in altcoins even though not all of them are good and most of them are fraud but I judge that altcoin and bitcoin have good opportunities in the future but it all depends on what the altcoin developer does
newbie
Activity: 182
Merit: 0
August 14, 2018, 03:12:12 PM
#33
I think so, because now bitcoin dominance has reached 50.8% and will continue to increase, so that other cryptocurrency will die and only bitcoin can survive.
Bitcoin is not really very efficient when we consider efficiency, maybe as a store of value, it will remain number one but every day use will certainly go to another coin, maybe not yet in existence
newbie
Activity: 182
Merit: 0
August 14, 2018, 03:08:40 PM
#32
Bitcoin dominance will reduce overtime, the present increase in dominance of bitcoin is not likely a reflect of what the future will be for cryptos, Investors are showing preference for bitcoin now because to huge uncertainty in the market
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