Topic: 80% BTC dominance by 2022 - page 9. (Read 2170 times)
It's hard to judge these things however I think more and more blockchain projects will come out and take market share. I believe Bitcoin will be king for our lifetimes however I'm not sure it will have such a huge market dominance.
Bitcoin is now the main crypto currency, but I would not invest only in it, maybe in a few years it will cost a hundred thousand dollars, but it may disappear altogether
Interesting theory,just saying that much will payback in stores and everywhere with the help of VTS to be carried out,so we'll see,but I think it still needs age Altcoins to be very tion is a promising ISO,which really are of great value to society and prospects
This statement is interesting. I never thought about that, but now I should agree. Question is not about the scams only, resources of crypto investors is limited and they will exit from alts to invest in BTC.
I also do not believe we will see 80% BTC dominance. there will be other projects which come along and hog up market. Bitcoin will probably always be #1 but I doubt it will sport that high of a market cap ever again.
I totally accept your point, I don't think bitcoin dominance will reach that 80% by 2022, bitcoin might still remain the number coin by 2022 but there are a lot of coin that will share the market will bitcoin, some of the coins are not even yet created, so you made a point here.
I agree with you that most ALT is useless.
Even with ETH, then leaving the ICO, then ETH is still a regular ALT.
Even with ETH, then leaving the ICO, then ETH is still a regular ALT.
Everything goes to the fact that most coins will leave the market. There will be Bitcoin, Ethereum and a few more coins.
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.
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.
Btc might not go up that dominance level of up to 80% of the total market cap by 2022, but it is possible that it might reach that price of 100k by 2022 which bitcoin ETF coming which will value bitcoin at much higher price, the price of bitcoin will go high
I don't think btc can cover as much as 80% dominance by 2022, remember that as btc price go up other altcoins will go up as well, and most altcoin like ethereum which are utility tokens might have the high potentials to go high even more as more people use their network
Honestly, I can not understand why think about such issues, who will dominate, who will be in the first place in capitalization, who will be the best cryptocurrency in 10 years. It is more important to think about what will happen with bitcoin tomorrow for example
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.
Rightly so, one would expect a lower dominance as the cryptomarket develop, bitcoin is not a very effective coin technologically, much of its price are purely sentimental. Maybe the bitcoin ETF can swing the balance to an unusually high dominance.
There are a lot of scam coins in the market that will be de-listed eventually, there are also some nice project that will eventually have fully developed ecosystem and active community to power them, such project will have large market cap- bitcoin will remain dominant but may not be as high as 80 percent
Seriously I wish bitcoin will reach such a price in the near future, if bitcoin will reach such price, it means that most altcoin will reach 5% to 10% of that price which will make a whole lot of people who will hold their tokens a millionaires
exactly my thought, and this one of the reason it is good to always think long term, 2022 is just 4 years away from now, some might see it as a very long time but before you know it, it will come by, so it depends on what one wants, collect few hundreds today? or to collect thousands and millions in the future?
Seriously I wish bitcoin will reach such a price in the near future, if bitcoin will reach such price, it means that most altcoin will reach 5% to 10% of that price which will make a whole lot of people who will hold their tokens a millionaires
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.
this is a strong prediction, but i would have prefer you back it up with some facts, currently bitcoin is below 6k now and i know bitcoin will still increase in price but 100k in price might not really be that achievable, maybe in a long long time.
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.
Up to 100,000 there are many more barriers.And it's not a fact that everyone will sell, no one canceled greed.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 80% is too high for dominance in the crypto market...... especially when guesstimating that far out into time. 2022 is a long ways away, and I think there are just too many unknowns to place such a heavy bet on one "chip". From what I can see, there are quite a bit of problems that need quite a bit of solutions. A lot more than 20% of a market can afford.
Not sure as more and more projects are developing on the market, and I think that BTC domination will decrease
I think you're right that BTC dominance will increase but I'm not so sure it'll be as high as 80%.
A lot of things could happen in the next 4 years, it's very likely there'll be Alts that introduce improvements and/or innovation in technology as Ethereum did and I'm guessing the top 10 Alts will be very different in 4 years time.
Part of the problem at the moment is the sheer amount of Alts, ICO's etc that people invest in which will never succeed in the long term, if there were far less Alts it stands to reason more money would end up being invested in BTC, Eth and a few other top tier Alts.
A lot of things could happen in the next 4 years, it's very likely there'll be Alts that introduce improvements and/or innovation in technology as Ethereum did and I'm guessing the top 10 Alts will be very different in 4 years time.
Part of the problem at the moment is the sheer amount of Alts, ICO's etc that people invest in which will never succeed in the long term, if there were far less Alts it stands to reason more money would end up being invested in BTC, Eth and a few other top tier Alts.
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