All Eyes on BTC Dominance! | Bitcointalksearch.org

MonaLeeTracy

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Quote from: Sollaes on August 17, 2021, 09:09:28 AM

Quote from: very_452001 on April 11, 2021, 05:09:33 AM

Why is it becoming so predictable like this pattern described above Huh

But easy predictability means more money making yeah Cool

I don’t think that Bitcoin is so predictible. I am of the opinion that this market is very unpredictible, so you can’t understand if the price will be lower or higher than it is now.
And you are wrong by thinking that easy predictability means more money making as when all people expect something, all people that want to earn on it has already bought, so it is said that expectations are always in the current price.

The bitcoin market is difficult to predict correctly, but before making a decision to buy, we need an accurate and accountable reference in order to make a decision, therefore a prediction for the future is born.
Big investors are starting to invest in the cryptocurrencies market, especially dominating bitcoin because bitcoin tends to be in great demand by big investors.

TopT3ns

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unfortunately at this time the price of bitcoin collapsed so that it made many people depressed and trapped in high prices and many people were starting to be afraid to enter cryptocurrency because the price fell so terrible, hopefully bitcoin can provide more profits in the future and everything will recover

boty

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Quote from: ?? on ??

I think that BTC already had its minimum in dominance (39%), we are in summer in the northern hemisphere, when the market suffers the most after being bullish.

The altcoin season is over. I wonder what comes next? Buildup season for new really bullish market? Cheesy

altcoin season now over temporary due market crash today it doesnt matter for us , it is normal cycle in any finance market. price will goes up and down with high volatility. next altcoin season maybe could come at q4 but if market sentiment stilll extremely negative , we will see longer than expected.

plr

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Quote from: Cappex on June 26, 2021, 03:42:24 PM

in the very long term the dominance of bitcoin will drop a lot because I believe that other projects will conquer the social fabric thanks to more advanced technology (smart contract, Dapp, etc...)

It's now 45% and will continue to drop further as Ethereum and other coins keep up its development, honestly, there's not much to improve and develop on the Bitcoin chain but other coins can still develop further because these coins still have their developers to code their project and additional features, Ethereum and Binance are just two of them.

Cappex

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Quote from: very_452001 on April 11, 2021, 05:09:33 AM

What's the lowest do you guys think BTC dominance will touch down to? 50% or lower?

Questions:

- Once btc rallies to next leg up to $70k then will that mean btc dominance will recover and from there will alts go sideways or go down in price?

- Once btc stops at $70k and go sideways between $60-70k like it is doing now between $50-60k then will btc lose dominance and its alt season again for another month or longer right till btc takes the next leg up to $80k right?

- If everyone expects btc to top $100k in this bull market then from my calculations if bitcoin is doing this every $10k leg up predictable pattern that is every $10k leg up for btc then it goes sideways for a month or so then we have remaining 3-4 alt seasons left in this year before everything crashes into the new following bear market right?

Why is it becoming so predictable like this pattern described above Huh

But easy predictability means more money making yeah Cool

no model will give an exact forecast, if everyone has their own opinion it is easy for some of them to make the right choice but not because they have discovered the secret behind bitcoin... it will be just luck.
in the very long term the dominance of bitcoin will drop a lot because I believe that other projects will conquer the social fabric thanks to more advanced technology (smart contract, Dapp, etc...)

matchi2011

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Quote from: devil2man on June 26, 2021, 01:36:22 PM

at the moment the dominance of bitcoin on the market has dropped abundantly below 50% now it is 45% but this is obviously due to its lowering in value, even eth is not doing very well only 16% dominance but i don't think we are yet at the beginning of a bear phase of the market, bitcoin will soon recover and increase in value, obviously dragging all the other altcoins upwards, altcoins have yet to reach their maximum splendor

Not yet and there's still a good chance to see another pump, we are currently experieincing corrections and with many
action that affects the entire market,

The dominance of Bitcoin in terms of influencing investors decision making affects the entire crypto industry, we need
to see more good news to create good bounce and bring more interest to possible new traders.

gamer4156

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I have seen shitcoins, for example, DOGE expanding in costs by 25x or 30x, and a huge piece of the increment in altcoin portion of the overall industry comes from these coins. The figure has been dropping from more than 65% a couple of months prior to around 53% right now. A decreased predominance is a certain sign that financial backers are taking benefit as of now from their speculations and contributing such benefits somewhere else, alts comprehensive.

Sollaes

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Quote from: very_452001 on April 11, 2021, 05:09:33 AM

Why is it becoming so predictable like this pattern described above Huh

But easy predictability means more money making yeah Cool

I don’t think that Bitcoin is so predictible. I am of the opinion that this market is very unpredictible, so you can’t understand if the price will be lower or higher than it is now.
And you are wrong by thinking that easy predictability means more money making as when all people expect something, all people that want to earn on it has already bought, so it is said that expectations are always in the current price.

cryptobrzy

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SmartFi - EARN, LEND & TRADE

BTC dominance is currently 48.8% which is very close to half of the total market capitalization, i believe the reason why this drops in a more sideways market is due to the absense of new money in the cryptocurrency market, so the money flows from the top coins like BTC and ETH to the altcoins as investors and traders try to capitalize of the price movement withing the trading rain gets of 2 price zones to make money

bitcion--

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Bitcoin is the king of cryptocurrency now the correction is taking place after bitcoin's strong pump.But BTC dominance will last for ever.

bison

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Quote from: Dexion on June 23, 2021, 10:21:05 PM

It looks like bitcoin's dominance will continue, as the market focus is now on it, we can see after the FUD on bitcoin, buying on altcoins decreased as many prefer to buy bitcoin due to a decline, with hopes of an increase in the near future

yes it is true that many investors are looking for a safe way to invest at this time, therefore they prefer BTC, because the opportunity to go up is greater, besides when BTC goes down, almost all coins also experience a decline, and conditions like this are very risky investing in coins that have low security because the possibility of sinking becomes very large.

devil2man

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at the moment the dominance of bitcoin on the market has dropped abundantly below 50% now it is 45% but this is obviously due to its lowering in value, even eth is not doing very well only 16% dominance but i don't think we are yet at the beginning of a bear phase of the market, bitcoin will soon recover and increase in value, obviously dragging all the other altcoins upwards, altcoins have yet to reach their maximum splendor

Princejebs

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Quote from: Dexion on June 23, 2021, 10:21:05 PM

It looks like bitcoin's dominance will continue, as the market focus is now on it, we can see after the FUD on bitcoin, buying on altcoins decreased as many prefer to buy bitcoin due to a decline, with hopes of an increase in the near future

This dominance thing doesn't really freak me because I don't see its point when China and some other countries are manipulating things and price keep dumping every week, altcoins included.
The best time I have seen the useful of this dominance is when we riding bullrun and then whales began to shift money frkm altcoins to bitcoin or from bitcoin to altcoins.

CapGelatik

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Quote from: mamahdedeh on June 23, 2021, 10:36:41 PM

Quote from: Dexion on June 23, 2021, 10:21:05 PM

It looks like bitcoin's dominance will continue, as the market focus is now on it, we can see after the FUD on bitcoin, buying on altcoins decreased as many prefer to buy bitcoin due to a decline, with hopes of an increase in the near future

I see with the decline in bitcoin, many investors are looking for security in investing, therefore bitcoin is the main choice, or if you choose altcoins, of course, those at the top rank. therefore the mother of all coins seems to determine the movement of other coins

No need to be surprised that when bitcoin goes down it is also followed by a decrease in altcoins and the opposite is also the case,
both bitcoin and altcoin it's a good choice to buy it,
so if someone prefers coin memes I think it's quite strange because it's more risky for sure

tabas

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Checking on it right now and it has increased, the dominance now is 46.6% and as far as I remember. The last time that I've seen it, that was just around 40%-42%.
IIRC.

mauriek

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Bitcoin is a ‘coin gateway’ for many investors; they buy Bitcoin BTC before buying other coins. This could be partly due to the almost universal listing on every active cryptocurrency exchange, but also due to the high profile and low volatility (which is a relative statement). This visibility, along with Bitcoin's price and position in the crypto market, is total market dominance.
Many experts predict that Bitcoin is still a great investment that will pay off in the long term, while we can expect more of the same rollercoaster ups and downs in the short term. Bitcoin news is an art form in itself and you need to make sure you know what comes next in terms of cryptocurrency regulations, cryptocurrency exchange news and in-depth crypto market analysis.

mamahdedeh

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Quote from: Dexion on June 23, 2021, 10:21:05 PM

It looks like bitcoin's dominance will continue, as the market focus is now on it, we can see after the FUD on bitcoin, buying on altcoins decreased as many prefer to buy bitcoin due to a decline, with hopes of an increase in the near future

I see with the decline in bitcoin, many investors are looking for security in investing, therefore bitcoin is the main choice, or if you choose altcoins, of course, those at the top rank. therefore the mother of all coins seems to determine the movement of other coins

Dexion

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It looks like bitcoin's dominance will continue, as the market focus is now on it, we can see after the FUD on bitcoin, buying on altcoins decreased as many prefer to buy bitcoin due to a decline, with hopes of an increase in the near future

magneto

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I do think that BTC dominance will still continue to slip for the foreseeable future.

The fact of the matter is that currently, the crypto market is very fatigued from the year-long rally. BTC has had a long run up and altcoins generally outperform BTC when the market adjusts (especially large caps such as XMR, ETH, etc.).

Also, you have to take into consideration that stablecoins are included in the pool of alts, which would inflate the actual altcoin dominance and depress BTC dominance in times of a bear market.

Atang Sulaeman

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bitcoin dominance will continue with its increase which is now starting to slow down,
but there is one time bitcoin will rise again even though for now the increase is very small,

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