Author

Topic: Are You Still looking For New Coins When Bitcoin Dominance Hit 90% (Read 671 times)

full member
Activity: 910
Merit: 100
Yes i am. Why not if a new good new coin give me a good profit. Doesn't matter how much dominance reached bitcoin i still looking for a new good coin/token. Because who knows one day those coins made my life.  Cheesy Cheesy
i like your answer.
we don't know how the future will work, what else is cryptocurrency, everything can change in a matter of hours.
so i think, it doesn't matter if bitcoin dominates more. that could change and i would not miss the opportunity to choose and fill my wallet with a good altcoin or token. maybe in the future, the coin will make my wallet full of money.
full member
Activity: 353
Merit: 108
I believe that in this market, nothing is everlasting. Not only in this market but in any business, swings and sweeps are a part of this business. Yes Bitcoin has a massive portion of market dominance as of right now but just wait and watch. I think that some of the promising Alts will come back and come back harder.
member
Activity: 574
Merit: 10
The whole paradox is that new coins have every chance to grow in the market. Old coins are already heavily influenced by the price of bitcoin. Investors have already played enough and they are not interested in them anymore.
full member
Activity: 342
Merit: 110
The key component in investing is identifying opportunities and taking advantage of them. In as much that Bitcoin dominance is around 90%, there are still good investment opportunities in the altcoin market and ecosystem to take advantage to earn more regardless of the dominance of Bitcoin in the crypto ecosystem. 
full member
Activity: 686
Merit: 102
There are still new coins in the market being launched and we have seen how profitable it is if you are one of its early investors, but that was 2014 to 2017, today the scenario is very much different.

I can agree with you for that. At this moment it's too much ambition thing if we think like that. Now days it's too much hard to find a good quality project. And after that we can think about our profit. But it's possible to gain too much profit as a earlier investor if the project have a good future.

A new study comes out that Bitcoin dominance has reached 90% and this could only mean that new and existing altcoins are going to die or will be gone in the market sooner or later.

Altcoin coin never going to die. Many Altcoin is popular like bitcoin. XRP, BNB, ETH one of them. But yes small and shit project will be gone soon or later.

Are you still looking for a new coin or coins in the ICO/IEO stage if Bitcoin dominance has already reached 90%

Yes i am. Why not if a new good new coin give me a good profit. Doesn't matter how much dominance reached bitcoin i still looking for a new good coin/token. Because who knows one day those coins made my life.  Cheesy Cheesy
member
Activity: 686
Merit: 15
Even if the bitcoin dominance was 90%, the remaining 10% will be shared by altcoins, and the useless altcoin projects will just give way for an innovative project that has a good plan and support. We will not stop having a good challenging new coin in the market. But many useless projects will have to close business.
member
Activity: 276
Merit: 10
There are still new coins in the market being launched and we have seen how profitable it is if you are one of its early investors, but that was 2014 to 2017, today the scenario is very much different.

A new study comes out that Bitcoin dominance has reached 90% and this could only mean that new and existing altcoins are going to die or will be gone in the market sooner or later.

Are you still looking for a new coin or coins in the ICO/IEO stage if Bitcoin dominance has already reached 90%

Previously, investing was of a long-term nature, investors gave their money and waited at least a few months for the end of the ICO, then for several months until this token was issued and placed on any of the exchanges.
Now with IEO from the date of investment to the date of listing of the token on the exchange, a period of no more than a couple of weeks occurs.
Investors benefit from quick money turnover, which is why they prefer IEO.
full member
Activity: 588
Merit: 100
I still believe that altcoins are not the blind way. Bitcoin can´t solve every blockchain use case and we see more and more technologies that can swap between 2 diffrent coins instantly, so why there should be only Bitcoin?
member
Activity: 1764
Merit: 10
There are still new coins in the market being launched and we have seen how profitable it is if you are one of its early investors, but that was 2014 to 2017, today the scenario is very much different.

A new study comes out that Bitcoin dominance has reached 90% and this could only mean that new and existing altcoins are going to die or will be gone in the market sooner or later.

Are you still looking for a new coin or coins in the ICO/IEO stage if Bitcoin dominance has already reached 90%
I am now trying to invest less, because so far the altcoins have fallen very much in price and are not showing any growth at all, and at the moment I'm trying to participate simply in bounty companies so as not to lose my money in investing in altcoins, but I also think that the trade should change and people will begin to transfer money from Bitcoin to altcoins, but when it will start is not known, so for now we just have to wait and there are also new great altcoins which will give good profit, such altcoins like libra and gram.
full member
Activity: 938
Merit: 137
Right now, it makes sense to look for promising coins and tokens for investment, while Bitcoin's capitalization has grown significantly. This means that investor funds are now in bitcoin, and will be ready to transfer to altcoins over time. There is nothing constant in cryptocurrency and therefore the level of bitcoin capitalization will inevitably fall in the near future.
full member
Activity: 588
Merit: 101
why not, if the coin has good potential. for new coins that have good potential, the possibility to get profits is greater. the situation in the market shows that not all new coins just die, there are still altcoins that continue to be developed by the developers even though the amount is small and not as much before 2017. so far some IEO is also quite promising especially those held in major exchanges such as binance.
member
Activity: 588
Merit: 10
Decentralized Ascending Auctions on Blockchain
There are still new coins in the market being launched and we have seen how profitable it is if you are one of its early investors, but that was 2014 to 2017, today the scenario is very much different.

A new study comes out that Bitcoin dominance has reached 90% and this could only mean that new and existing altcoins are going to die or will be gone in the market sooner or later.

Are you still looking for a new coin or coins in the ICO/IEO stage if Bitcoin dominance has already reached 90%

Bitcoin domination makes altcoins experience very slow movements.
But with the price of Bitcoin soaring high, I thought it would make a good impact.
After a long period of 2018, that Bitcoin price dropped very far.
But now Bitcoin has re-bouncing.
Before the Altcoins again soar, it's better to also look for new projects like ICOS and IEO.
Currently, Altcoin is staying waiting time to re-soar.
member
Activity: 484
Merit: 11
I'm not looking how much the bitcoin dominance to buy some altcoin. But, surely I don't care about new IEO or ICO. To choose the best ICO/IEO not depending on btc dominance, we must know well about the project and the vision. If you confuse, it better to holding btc or the major altcoins.
legendary
Activity: 3080
Merit: 1353
There are still new coins in the market being launched and we have seen how profitable it is if you are one of its early investors, but that was 2014 to 2017, today the scenario is very much different.

Yep that is correct, today's scenario is very different. And I find it very interesting that there are still noobs who are looking for a coin that will bring them back huge profit when we all know that investors are very choosy at this point and not just throwing their money in this market.

A new study comes out that Bitcoin dominance has reached 90% and this could only mean that new and existing altcoins are going to die or will be gone in the market sooner or later.

Are you still looking for a new coin or coins in the ICO/IEO stage if Bitcoin dominance has already reached 90%

Existing coins, specially those who have a huge tokens in circulation could eventually die if Bitcoin tops 90% dominance. But I don't think that wise investors are going to stop investing in ICO/IEO. Market is open and free and there's, it one coin die, another one will pop up and will build hype and will generate money. It still boils down to the marketing strategy of coins being born eventhough that Bitcoin is obviously the best asset out there at that time.
sr. member
Activity: 552
Merit: 250
It is true that Bitcoin's dominance is high nowadays, but it is also true that diversifying your crypto portfolio is the best way to make the highest potential profit. You don't know which coins/tokens are going to rise in the near future, so having many coins can make you fast earnings, and it is better than just holding BTC.
sr. member
Activity: 1988
Merit: 275
Dominance of Bitcoin is 70%, altcoins has almost 30%. If Bitcoin pump to 20K from now, pump is only 2*. Altcoin pump is always good and investor need profits

Most of the time, altcoins are for short-time investments. You need to jump onboard on time and leave the train as soon as possible. If not, you will be trapped and be a holder of worthless coins. Many people want assurance, so they opt to bitcoin investments. No matter what happens, bitcoin will survive because of the massive adoption it has as compared to other known altcoins.
legendary
Activity: 1344
Merit: 1001
That is a really good point to ask and even if not 90% and Bitcoin has 70% dominance like Coinmarketcap says, why do we think it is worth it to keep hunting for new altcoins?

I guess the answer is that if somehow your new altcoin can even gain 0.1% of dominance in future, that is a lot of money. For me, if all my basket or Monero, Waves, Litecoin etc all make 5% together,,, I am happy!
Makes sense to invest in the altcoins that have a chance to obtain a small % of the total crypto marketcap. Instead of trading the altcoins, having a proper long term altcoin portfolio can be a good clarification for the questions asked by the opponent.  Predicting the market cap of altcoins can turn to the gameplay, the end depends on the skills and expertise of the player.

New price momentum can hit the market less than 2 weeks which is the total required time for last Bullrun. Decreased Bitcoin dominance will open the new gate for altcoins that have chosen by the majority of the traders. Preferred altcoins share the common characteristics like the legit project, strong background team, raised funds, real advantages over competitor projects. These shared attributes are the main points why investors prefer to invest in before-mentioned projects than putting all money in the dominant based cryptos.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
Bitcoin dominance is almost 70% according to coinmarketcap, the highest in last few years and maybe this is a good indicator that Bitcoin dominance can´t grow more and it is time for alts.  Wink
Not necessarily, right now the price of bitcoin is stable but if it begins to go down I do not see any reason why investors will choose to sell their bitcoin and get altcoins in return, it is more likely that investors will just get out of the market and sell their coins for fiat, so it is possible that a decrease in the price of bitcoin will push alts even lower and that will increase the dominance of bitcoin even further, it seems to me this is the most likely scenario and if it comes to happen I will be really sorry for those that decided to keep holding their altcoins since I do not see how they will recover the money they invested if the current negative trend regarding the price of altcoins continues.
sr. member
Activity: 994
Merit: 391
This calculation is not according to marketcap cap of all coins. If I am not wrong, 90% of BTC dominance according to trade volume. And I dont think trade volume can clearly reflect the reality. Because as you know trade volume is totally fake.
jr. member
Activity: 368
Merit: 2
The high dominance of bitcoin over the other cryptocurrencies is really affecting the progress of many ICO projects. Now most crypto enthusiasts would rather choose to focus on margin trading with bitcoin than to invest in new projects. People invest in crypto to make profit hence the area of dominance is always the focus.
jr. member
Activity: 266
Merit: 1
CurioInvest [IEO Live]
I think that the cryptocurrency market is very volatile now so it is in development.
It is being improved and therefore new coins appear.
Despite the serious position of Bitcoin, I continue to look for new coins that will be successful.
sr. member
Activity: 840
Merit: 250
New cryptocurrencies need more for laundered a lot of money. I don't understand why you can't figure it out. It has long been clear that new projects do not aim to become famous cryptocurrencies and implement their innovative ideas. They are needed to turn dirty money into clean money at the expense of investors.  Smiley
full member
Activity: 924
Merit: 106
homt.net
Bitcoin dominance is almost 70% according to coinmarketcap, the highest in last few years and maybe this is a good indicator that Bitcoin dominance can´t grow more and it is time for alts.  Wink
legendary
Activity: 2310
Merit: 4085
Farewell o_e_l_e_o
That is a really good point to ask and even if not 90% and Bitcoin has 70% dominance like Coinmarketcap says
What I saw is people nearly forgot to look at the growth of both bitcoin and altcoins in their dailly liquidity. Liquidity growths give us very strong signal for growth of crypto currency market, in general. When demands increase, price will increase later, certainly. No one can answer when bitcoin will stop its domination in crypto market, like it has been so far this year. No one can answer when altcoins will officially start its season this year, or whether altcoins have their season this year or not.

Like what we all witnessed when bitcoin fell to around $3100 in late days of 2018, but bitcoin has never ended as dead one. It rallied, and brought happiness to most of us, especially investors whom bought at bottom range.

Believe me, altcoins will certainly do bring happiness to loyal, patient investors, whom hold them till the bearish period of altcoins goes away.
Important to remind altcoin investors that what I said only apply for good altcoins, for shit, scam altcoins, yeah, investors should take advantage of any pumps from news to get out, and reduce their losses.
hero member
Activity: 2338
Merit: 953
Temporary forum vacation
That is a really good point to ask and even if not 90% and Bitcoin has 70% dominance like Coinmarketcap says, why do we think it is worth it to keep hunting for new altcoins?

I guess the answer is that if somehow your new altcoin can even gain 0.1% of dominance in future, that is a lot of money. For me, if all my basket or Monero, Waves, Litecoin etc all make 5% together,,, I am happy!
sr. member
Activity: 679
Merit: 254
Seems impossible if Bitcoin Dominance Hit 90%. But, if its happen someday I will put all of my altcoins into Bitcoin to save my financial...  Cheesy
Also, id BTC dominance hit 90% I believe only major coins can survive and shitcoin die  Grin Grin
jr. member
Activity: 394
Merit: 1
I personally do not want to look for new coins because it is high risk, I prefer to stay in coins that are safe or that have been listed in the top 10 on the CMC market, and this is to avoid big losses rather than investing in new coins.
sr. member
Activity: 1428
Merit: 251
There are still new coins in the market being launched and we have seen how profitable it is if you are one of its early investors, but that was 2014 to 2017, today the scenario is very much different.

A new study comes out that Bitcoin dominance has reached 90% and this could only mean that new and existing altcoins are going to die or will be gone in the market sooner or later.

Are you still looking for a new coin or coins in the ICO/IEO stage if Bitcoin dominance has already reached 90%

When bitcoin dominance was at 90%, I think this is the right time to buy altcoin which is in the top 50. Bitcoin dominance that is too high will complicate the cryptocurrency market itself because new investors will be few coming, the reason is the bitcoin price is too high. If the dominance of bitcoin is 90%, in my opinion a new project in IEO or ICO will not be profitable as an investment and altcoin that is in the top 100 is more profitable
sr. member
Activity: 882
Merit: 282
In this market, everything is cyclical. The hard dominance of bitcoin cannot last long. There will certainly be a period of relaxation of such dominance. In the future, I expect a gradual drop in the level of bitcoin capitalization, since other cryptocurrencies are developing faster than it and this is quite logical and logical. Therefore, it is already worth investing in promising altcoins, even though they are now little known.
At op has saying the truth and I do disagree with this your views. Bitcoin dominants is not going to be temporary. There is a psychological reason for bitcoin dominants to remain with us. Bitcoin represents the type of advance financial system people were looking for and every other coins are just following what bitcoin has done. It is very clear that people prefer having bitcoin than any other coins and some of this coins only become bullish when bitcoin is increasing in pricing . It means there cannot stand on there own.
full member
Activity: 434
Merit: 100
there will definitely be a change, not always bitcoin will dominate the crypto market which reaches 90%. that's the logic that I think of, and look at the amount of 10% available reaching $ 26 billion, a very large amount and altcoin that pops up even more potential to become a big coin like eth, bch and others. it all depends on the community and the team to develop their coins because the future will definitely change.
hero member
Activity: 1778
Merit: 746
Are you still looking for a new coin or coins in the ICO/IEO stage if Bitcoin dominance has already reached 90%
of course, I have been doing this since 2017. I realize that bitcoin is currently quite difficult to generate, because of that, utilizing new coins from ICO / IEO will be a pretty good way to increase the bitcoin that we have.

many people support projects that have a good concept of new coins because they believe the price will be high, especially if it is a bitcoin pair. it can be a pretty good one. I myself also do that if I have the chance. it's just that, I'm also still looking for bitcoin in other ways, that's just one way that's worth trying to collect bitcoin.
member
Activity: 434
Merit: 10
Although later bitcoin can dominate cryptocurrency, I don't think it will be able to turn off altcoin because every investor certainly has a different view in choosing which assets are best for investment, and we can see now more and more new altcoins are developing.
sr. member
Activity: 1876
Merit: 289
Zawardo
I don't know if that is true, but I only believe if the project is not good or the dev abandoned it then the coin will going to die. If bitcoin dominance hit 90% I'm still looking for a new coin, but I just want to make sure if that is potential so it can be mooning anytime.
member
Activity: 420
Merit: 14
If the dominance of Bitcoin reaches 90%, then still 10% will be allocated to other projects, which means that altcoins are still popular. Do not forget that Bitcoin cannot replace some coins, for example, those that have the function of smart contracts and the creation of tokens. Also, Bitcoin cannot replace utility tokens and coins that have a low transaction price and high speed. Therefore, Bitcoin will continue to occupy its niche and exist in parallel with altcoins.
legendary
Activity: 2492
Merit: 1018

Whikle Bitcoin's dominance hit 60%+ base on coinmarketcap, there is just no chance for me to hold more than 3 BTC right now. The altcoin is where I can have a ton of it so I focus to hold some altcoins like EOS and TRX. Keeping 25k TRX is possible than having 25000BTC. No matter how much I work all day for the rest of my life I wouldn't get that much. I'm looking for new and profitable coin and I hope I can earn thru campaigns.
legendary
Activity: 1904
Merit: 1000
There are still new coins in the market being launched and we have seen how profitable it is if you are one of its early investors, but that was 2014 to 2017, today the scenario is very much different.

A new study comes out that Bitcoin dominance has reached 90% and this could only mean that new and existing altcoins are going to die or will be gone in the market sooner or later.

Are you still looking for a new coin or coins in the ICO/IEO stage if Bitcoin dominance has already reached 90%

Since new coins / projects don't seem promising anymore, I am not trying to collect such coins. I will focus on bitcoin and well-known alts that have proven their existence. Ethereum is a good coin beside bitcoin for long-term investment.
newbie
Activity: 37
Merit: 0
BITcoin is the best cryptocurrency in world is no match for it
member
Activity: 276
Merit: 10
There are still new coins in the market being launched and we have seen how profitable it is if you are one of its early investors, but that was 2014 to 2017, today the scenario is very much different.

A new study comes out that Bitcoin dominance has reached 90% and this could only mean that new and existing altcoins are going to die or will be gone in the market sooner or later.

Are you still looking for a new coin or coins in the ICO/IEO stage if Bitcoin dominance has already reached 90%

When the dominance of bitcoin grows despite the daily appearance of new coins, this means only one thing that investors trust much more bitcoin than other coins.
And in this case, it is best to buy bitcoins than altcoins that are constantly falling in price.
full member
Activity: 1890
Merit: 101
A new study comes out that Bitcoin dominance has reached 90% and this could only mean that new and existing altcoins are going to die or will be gone in the market sooner or later.

Are you still looking for a new coin or coins in the ICO/IEO stage if Bitcoin dominance has already reached 90%
although I know that right now only Bitcoin is really in demand, I will not leave Altcoin and will continue to participate in ICO / IEO.  I'm sure that there will be Altcoin that is able to match Bitcoin valuations in the future, anything can happen in this world, especially in the world of cryptocurrencies and we will be surprised.
jr. member
Activity: 224
Merit: 2
yes I will still look for it. of course, by first seeing how the performance of the new coin development team. if it turns out that the new coins do not have direction and usability when the development process is better do not make investments or purchases, because it is certain that the coins will disappear after being launched especially with the condition of the dominance of the BTC in the crypto market.
full member
Activity: 784
Merit: 101
Why not? It is the best strategy, buying low, selling high. Every time when people loose their faith, it is the right time to buy. Do not worry whales will not cause a catastrophy scenario because they want to cover their capital.
sr. member
Activity: 1344
Merit: 311
Not . I have had a lot of bad experiences with the new altcoin and am more interested in bitcoin or altcoin that has been running the project. of the new projects that are successful or not, there are still many possibilities that can happen. this will hurt if we make the wrong choice
sr. member
Activity: 2380
Merit: 366
There are still new coins in the market being launched and we have seen how profitable it is if you are one of its early investors, but that was 2014 to 2017, today the scenario is very much different.

A new study comes out that Bitcoin dominance has reached 90% and this could only mean that new and existing altcoins are going to die or will be gone in the market sooner or later.

Are you still looking for a new coin or coins in the ICO/IEO stage if Bitcoin dominance has already reached 90%

It depends. Bitcoin dominance is not the be-all and end-all of the fate or the potential of an altcoin. I would not hesitate to participate in an ICO or IEO which I think is going to be a major player in the crypto world however high Bitcoin's dominance is in the market.

If all of a sudden Jeff Bezos decides to launch an ICO of a truly disruptive and promising crypto project, would you not consider joining? Or perhaps a Warren Buffet and Bill Gates tandem thinking of an IEO? In either case, even if Bitcoin dominance is 98%, I would probably be investing big time to their projects. 
legendary
Activity: 2338
Merit: 1124
I think that data is not accurate, I think the dominance is still at 68%, but it would actually not be long till bitcoin reach that percentage, which will definitely affect most of the altcoins that we have in the market, especially the new coins, because everyone want to have a link with the reigning coin.

Once bitcoin become the major predominant coin, then most investor will be look more of investing in bitcoin and if they are going to look at investing on any altcoins, it would be those coins that are at least working along with the dominance of bitcoin, and that would be the top 50 coin, so new altcoins may not get the chance of being recognized for them to gain the attention of investors that would put money into their market, so there is absolutely not going to be much growth for them.
full member
Activity: 821
Merit: 100
Volare.network
won't, I will definitely hold bitcoin. if BTC dominates 90%, it means everyone already believes in bitcoin. therefore holding coins other than BTC will not be profitable. but this also means there is no place for altcoin. many coins will die when that happens.
member
Activity: 658
Merit: 11
...................
But from what we are seeing, these coins which are designed for certain niche fields are not performing that well. XMR has lost more than 90% of its value since 2017. Perhaps we have overestimated the requirement for such unique purposes. To conclude, Bitcoin may not be technologically the most advanced coin. But for use as a store of value or as an investment, currently it faces no competition from any of the other coins.
We should not draw conclusions about risks in the red market, as well as about profit in the green market.
Now that all altcoins have depreciated and continue to do so, bitcoin certainly look out of competition. But perception to the altcoins  will change as soon as the market changes direction. With the right choice of altcoins, the investment potential is great. And so much so that the expectation of investing in BTC may be less/more than the expectation of investing in altcoins? It is very difficult to calculate. Therefore, it is a matter of faith, style, temperament of the investor ...
jr. member
Activity: 35
Merit: 1
Look to the new coins or tokens(specially IEO) with good project behind and invest in it, the most important that the token should be listing in exchange to be able sell and buy.
full member
Activity: 612
Merit: 102
There are still new coins in the market being launched and we have seen how profitable it is if you are one of its early investors, but that was 2014 to 2017, today the scenario is very much different.

A new study comes out that Bitcoin dominance has reached 90% and this could only mean that new and existing altcoins are going to die or will be gone in the market sooner or later.

Are you still looking for a new coin or coins in the ICO/IEO stage if Bitcoin dominance has already reached 90%

joining IEOs is the new trend now ,its truly is profitable my friends and I are really waiting for new IEOs specially at Binance Launchpad
sr. member
Activity: 1148
Merit: 252
Undeads.com - P2E Runner Game
when bitcoin can become dominant like that then I will buy some altcoins whose prices are falling because I believe the price of bitcoin will not always be dominant surely bitcoin will have time to fall again, take advantage of all cryptocurrency price movements as much as possible to get profit.
jr. member
Activity: 35
Merit: 1
Some coins and tokens comes with new features and advantages, so i think it worth to invest in new coins and tokens.
full member
Activity: 980
Merit: 109
Yes, I continue to monitor new ICO. Last winter I found one interesting project - Telos (TLOS coin). This is an improved version of the EOS, with zero inflation and many more interesting things. Moreover, they did not have ICO as such. TLOS was accrued in the amount of available EOS in the ratio of 1:1.
full member
Activity: 938
Merit: 137
Seems you don't understand how market works and why you think btc dominance will increase , btc reaching this level show an option for alts to come up as well as btc will need to dump and why we have seen market been stagnant as btc refuse to dump and it really need to correct itself.
It really is. If the dominance of Bitcoin has grown significantly, this means that in the near future the situation will be reversed. I think that soon we will see an increase in the price of altcoins. Today, the high level of bitcoin capitalization only indicates a high expectation of its price growth. This condition cannot last long and the funds will necessarily be transferred to altcoins.
member
Activity: 546
Merit: 17
Of course, I am still looking for potential altcoins that have projects and a bright future, one of which is coins that do IEO on Binance exchange
legendary
Activity: 3766
Merit: 1217
Until I see this study, I will not believe in 90% of the dominance of BTC.
Well, let's say that's true. Yes, I see no reason to be an early investor. But Bitcoin does not provide new technologies. And some altcoins look quite potential. Yes, this is risky. Those projects and coins that will expand and distribute new blockchain technologies will be able to give investors huge profits. Which of ? I do not know. I just hold a little different altcoins.

You are partially correct here. Bitcoin is not as advanced as some of the other coins and many of the altcoins are specifically designed for different niches, where we may not be able to use Bitcoin. For example, USDT is an altcoin which is free from volatility, while XMR is a coin especially suited for those who want 100% anonymity with their transactions.

But from what we are seeing, these coins which are designed for certain niche fields are not performing that well. XMR has lost more than 90% of its value since 2017. Perhaps we have overestimated the requirement for such unique purposes. To conclude, Bitcoin may not be technologically the most advanced coin. But for use as a store of value or as an investment, currently it faces no competition from any of the other coins.
newbie
Activity: 14
Merit: 0
Cryptocurrencies are software, they do not die. You invest because you believe the platform will gain use or that there is some underlying value in the held asset. The only way that a coin can die is if it is abandoned by the developers and is no longer traded on an exchange. The idea that 99% of coins will die is Bitcoin maximalist propaganda. They say this out of one side of their mouth while they are buying alts at low prices. Watch, in a couple months there will be another alt run and this propaganda will be ancient history.
sr. member
Activity: 661
Merit: 251
I am actually not looking. There are so many of the promising ones out there but I can really trust bitcoin at the moment as the whole globe and government focuses on it and its prominence grows. I will rather like my investment insured at the moment?
sr. member
Activity: 322
Merit: 252
Of Course Let's not close ourselves to other technologies, even though some of those coins are just good at first and then losses the continuous upgrades after their ICO/Launch. I will still consider to check them in the future, new Coin, new Opportunity to trade and earn some gains, update my portfolios and also to be on trend on new emerging coins/technologies and what they can offer.
sr. member
Activity: 784
Merit: 250
DIA | Data infrastructure for DeFi
I still believe that BTC dominance would fall one day, but it seems like we would need to be really patient. Science the beginning of this year, there was no moment, when altcoins would explode so I believe this will happen in the future.
member
Activity: 532
Merit: 10
Adoption Blockchain e-Commerce to World
Bitcoin domination is still happening. So stay focused on trading for Bitcoin. If you look at the Altcoin situation until now it has not shown a significant improvement and especially for Ethereum.

The ICO and IEO projects are still a lot that uses the Ethereum platform. So, if investing in a project is better when Ethereum has been pumping.
sr. member
Activity: 2254
Merit: 258
Seems you don't understand how market works and why you think btc dominance will increase , btc reaching this level show an option for alts to come up as well as btc will need to dump and why we have seen market been stagnant as btc refuse to dump and it really need to correct itself.

It's already a fact Bitcoin dominance is already reaching to that level I used to think that Bitcoin dominance was only 70% until I read those articles that latest finding proved that Bitcoin dominance is now 90%, now only altcoins with true value and community support will survive the competition.
copper member
Activity: 224
Merit: 0
Seems you don't understand how market works and why you think btc dominance will increase , btc reaching this level show an option for alts to come up as well as btc will need to dump and why we have seen market been stagnant as btc refuse to dump and it really need to correct itself.
newbie
Activity: 145
Merit: 0
There are still new coins in the market being launched and we have seen how profitable it is if you are one of its early investors, but that was 2014 to 2017, today the scenario is very much different.

A new study comes out that Bitcoin dominance has reached 90% and this could only mean that new and existing altcoins are going to die or will be gone in the market sooner or later.

Are you still looking for a new coin or coins in the ICO/IEO stage if Bitcoin dominance has already reached 90%

if bitcoin dominance hit 90% i would be getting into more alts because its only short time after you would see altseason and if it did hit 90% dominance it would mean it would be over ath
full member
Activity: 602
Merit: 116
Investing in an altcoin or ICO/IEO depends on the project. No matter how much is bitcoin dominance. First I should know the project. Then I so study and I decide whether invest or not. Assume that Apple is going to conduct an ICO. Will you again nitice bitcoin dominance or you will invest in the IEO in any case?
Also, the market is really unpredictable. I don't agree that today's scenario is different from 2014-2017. Cryptocurrencies maket is still unpredictable as it is still in its early stages. Regulations are yet to come and many developments will appear in future. So, every thing is possible.
legendary
Activity: 2730
Merit: 1288
There are still new coins in the market being launched and we have seen how profitable it is if you are one of its early investors, but that was 2014 to 2017, today the scenario is very much different.

In a lot of cases best time to buy was as soon as token was listed on an exchange.



A new study comes out that Bitcoin dominance has reached 90% and this could only mean that new and existing altcoins are going to die or will be gone in the market sooner or later.
Are you still looking for a new coin or coins in the ICO/IEO stage if Bitcoin dominance has already reached 90%

Last time that Bitcoin dominance was over 90% was in 2015. There was no Bitcoin forks back then. And a lot of people were buying altcoins.
legendary
Activity: 2450
Merit: 1047
I believe in Bitcoin dominance and this actually what should happen, people should stop talking about coins that will replace Bitcoin, there are are so many topics just like that in the past and until now, if we are going to have Cryptocurrency adoption, then it should be Bitcoin adoption first  then it's up to them to discover and adopt other coins too.
member
Activity: 658
Merit: 11
Until I see this study, I will not believe in 90% of the dominance of BTC.
Well, let's say that's true. Yes, I see no reason to be an early investor. But Bitcoin does not provide new technologies. And some altcoins look quite potential. Yes, this is risky. Those projects and coins that will expand and distribute new blockchain technologies will be able to give investors huge profits. Which of ? I do not know. I just hold a little different altcoins.
legendary
Activity: 2716
Merit: 1855
Rollbit.com | #1 Solana Casino
Bitcoin dominance is indeed very influential with the state of the bitcoin market. Project ICO / IEO will be affected, investors choose not to invest first. But not all ICO / IEO platforms, if the platform used has good credibility, IEO will not be disturbed by the high dominance of bitcoin.
sr. member
Activity: 882
Merit: 301
Are you still looking for a new coin or coins in the ICO/IEO stage if Bitcoin dominance has already reached 90%
In response to the above question, here's my (deleted) comment:
"I don't think I would be investing in ICOs/IEOs but I would consider existing coins or tokens like eth.
It should be fine as as long as I'm not going to throw in a lot of money into it. My portfolio would look like 90% bitcoin and 10% altcoins.
"

Let me rephrase that to:
I don't think I would be investing in ICOs/IEOs if bitcoin's dominance reaches that point but I would consider investing in already existing coins like Eth. It should not be that risky investing in existing alts as long as it's only a small part of my portfolio (e.g. 90% of funds goes to bitcoin and the rest to altcoins).





Let's see if that will be reported and deleted again  Cheesy
hero member
Activity: 3066
Merit: 536
Leading Crypto Sports Betting & Casino Platform
Im still looking for a new coin and why not? Maybe the bitcoin dominance will give a huge impact to the price of altcoin after it has already listed but i thought that is not giving a huge impact to the new listing coin.

I do agree with that prediction but so far with the increase of the bitcoin dominance and is it giving a huge pressure to the new promising coin?

https://cryptorank.io/ieo-platforms-roi

that gives a representation is IEO still worth even the bitcoin has already reached more than 68% market dominance.

As long as that IEO will be running in a good platform and the bitcoin dominance is not a big problem for me. This based on my personal opinion.
legendary
Activity: 3416
Merit: 1225
I never deny or dispute that 90% dominance because it's a fact, but we are on the adoption period every trader, investors, old and new investors are rallying behind Bitcoin, which is the right thing to do, but altcoins still have potential in the future, because they bring something in the table like the smart contract Ethereum has brought to the community and Dapps created by Tron.
legendary
Activity: 2366
Merit: 1408
With experience and time in the world of cryptos you'll see that only a few coins worth their value
In the beginning all coins looks bright, but just for some time, until the devs took their money

The most important thing is to deeply understand what's the purpose of the coin you are buying

I have all my money invested in only 5 coins and it's enough
full member
Activity: 2128
Merit: 180
New coins, new opportunity for me so I'm still looking and waiting for a good coin who have the best technology. Even if the dominance of bitcoin increases, I'm still confident that altcoins will also have the future so keep holding many altcoins if possible. New coins are risky, so make sure to study that new coin before you buy or you lose.
hero member
Activity: 1470
Merit: 655
there has been a false way of thinking among the newbies which is partly coming from the altcoin scammers, and that is the fact that many of them think that only because there was a cryptocurrency (called bitcoin) that went from zero to 20000 then any other cryptocurrency (like altcoins) should do the same thing.
so they end up investing in those. it is not because of dominance or whatever it is only because they think they can make more money that way.

meanwhile those altcoins go from $1 to $1.5 and fall down to $0.5 while bitcoin goes from $3k to $10k.
hero member
Activity: 2926
Merit: 567
Do not go crazy. Not where altcoins will not go. If mass market extinction begins, it will affect bitcoin. If investors quit bitcoin, Bitcoin also drops, it will not reach 90% of dominance.

I don't know how come the market will become extinct when it is moving fine, big companies are creating their own coin, volume and price is increasing, the fact is it already reaches 90% according to this article https://cointelegraph.com/news/bitcoin-dominance-is-actually-above-90-new-research-suggests Investors will not quit on Bitcoin, at this point of time when it is always the talk of the time.
legendary
Activity: 2254
Merit: 1377
Fully Regulated Crypto Casino
Most of my investment in Bitcoin, but i have allocation for invest in some new coin especially coins from IEO project.

I think that is a great plan. Majority of my funds are also im bitcoin since it is the most safest crypto to invest with, also some eth and other top tier coins. But since the rise of IEO I am fond of joining with it due to short come profitd that pouring with it. Actually I dont get the idea how it is pumping high and whose buying it since it will fall down eventually on some other day, I just took the advantage of trading when its go down and wait for another wave of pumps. Eth is a top notch project so I guess the OP can be more debatable in the future.
legendary
Activity: 1946
Merit: 1137
There are still new coins in the market being launched and we have seen how profitable it is if you are one of its early investors, but that was 2014 to 2017, today the scenario is very much different.
when it comes to altcoins it has nothing to do with being an "early investor". it is all about entering when the pump is starting and exiting when the dump is going to start.

Quote
A new study comes out that Bitcoin dominance has reached 90% and this could only mean that new and existing altcoins are going to die or will be gone in the market sooner or later.
what you saw wasn't probably a "study" it was some nonsense by some news site.
bitcoin dominance has always been more than 90-95%. the market cap however has been growing and some shitty sites like coinmarketcap.com (because of their name) are calling market cap as dominance. and the only thing it is showing is that altcoin bubble is bursting.

Quote
Are you still looking for a new coin or coins in the ICO/IEO stage if Bitcoin dominance has already reached 90%
investing in ICO/IEO is always a terrible idea no matter what the total market cap is. even if it was at 5% it still would be a terrible idea!
full member
Activity: 840
Merit: 100
Most of my investment in Bitcoin, but i have allocation for invest in some new coin especially coins from IEO project.
sr. member
Activity: 1176
Merit: 252
Futurov
Do not go crazy. Not where altcoins will not go. If mass market extinction begins, it will affect bitcoin. If investors quit bitcoin, Bitcoin also drops, it will not reach 90% of dominance.

i think this is not crazy, and maybe this can be happend in the future my friend
as we can see now, investors started to focus on bitcoin only
full member
Activity: 736
Merit: 100
Adoption Blockchain e-Commerce to World
Do not go crazy. Not where altcoins will not go. If mass market extinction begins, it will affect bitcoin. If investors quit bitcoin, Bitcoin also drops, it will not reach 90% of dominance.
full member
Activity: 560
Merit: 100
There are still new coins in the market being launched and we have seen how profitable it is if you are one of its early investors, but that was 2014 to 2017, today the scenario is very much different.

A new study comes out that Bitcoin dominance has reached 90% and this could only mean that new and existing altcoins are going to die or will be gone in the market sooner or later.

Are you still looking for a new coin or coins in the ICO/IEO stage if Bitcoin dominance has already reached 90%
yes, i am always looking for potential businesses. because Bitcoin Dominance cannot keep the high in the long term. At some point, the bubble will explode and the remnant will be distributed evenly to the good alts and worthy businesses.
Therefore, I always believe in the altcoins season, it will make us rich if we have enough patience.
jr. member
Activity: 296
Merit: 1
bitcoin currently dominates the crypto market while old and new altcoins don't look significant in price. I still remember when the market was bad, I dared to make a decision by buying a new coin (Gowithmi) and finally bam. unexpectedly they experienced a price increase of 20x from the price at ico. The point is you have to be confident in every decision you want to make, the market situation will definitely change. You have to be patient because new coins can sometimes be unpredictable, provided they have a strong team I think needs to be bought. New coins have given me many advantages.
member
Activity: 476
Merit: 22
There are still new coins in the market being launched and we have seen how profitable it is if you are one of its early investors, but that was 2014 to 2017, today the scenario is very much different.

A new study comes out that Bitcoin dominance has reached 90% and this could only mean that new and existing altcoins are going to die or will be gone in the market sooner or later.

Are you still looking for a new coin or coins in the ICO/IEO stage if Bitcoin dominance has already reached 90%

No one knows if bitcoin dominance will last for long or not so its a shot worth taking and if any existing altcoins are going to die it will be the useless coins and tokens called shitcoins,it will be very good if it happens though,we want only the strong altcoins to remain in this crypto space
legendary
Activity: 3766
Merit: 1217
Right now, the total cryptocurrency market capitalization stands at $264 billion. So even 10% share would mean $26 billion, which is a considerable amount. And imagine what will happen, if the BTC exchange rates increases to $100,000 after the block reward halving next year. Then the altcoin market cap can increase to $260 billion, and that means that there will be enough room for dozens of new cryptocurrencies, provided that they have solid basics.

And remember that when ETH first conducted its ICO, the listing price was just BTC0.0005 per token ($0.311 at that time). The plan was to raise $18 million from the ICO, by giving away 60 million tokens. The ICO listing was done after most of the development was over, and even then it took a lot of effort to sell all of the tokens in offering.

Nowadays, many of the projects are going for ICO/IEO even before any development is actually started. All they have is an idea, and some timelines and plans. And many of them ask for $100 million or even more. Just compare this to what we had in 2015 during the Ether ICO.

IMO, there is nothing wrong in investing in a new project. But it should be fairly priced and the initial phase of development should be completed.
legendary
Activity: 2450
Merit: 1047
It's hard to look for a new one when you have gone to a good project that you think has all the potentials because it has everything you are looking for a new coin but end up losing your investment when it hit the market, I think I will just settle for the top coins for now, because of the present situation.
full member
Activity: 2142
Merit: 183
In this market, everything is cyclical. The hard dominance of bitcoin cannot last long. There will certainly be a period of relaxation of such dominance. In the future, I expect a gradual drop in the level of bitcoin capitalization, since other cryptocurrencies are developing faster than it and this is quite logical and logical. Therefore, it is already worth investing in promising altcoins, even though they are now little known.
sr. member
Activity: 882
Merit: 301
I don't think I would be investing in ICOs/IEOs but I would consider existing coins or tokens like eth.
It should be fine as as long as I'm not going to throw in a lot of money into it. My portfolio would look like 90% bitcoin and 10% altcoins.
hero member
Activity: 2996
Merit: 598
Leading Crypto Sports Betting & Casino Platform
There are still new coins in the market being launched and we have seen how profitable it is if you are one of its early investors, but that was 2014 to 2017, today the scenario is very much different.

A new study comes out that Bitcoin dominance has reached 90% and this could only mean that new and existing altcoins are going to die or will be gone in the market sooner or later.

Are you still looking for a new coin or coins in the ICO/IEO stage if Bitcoin dominance has already reached 90%
Jump to: