At which price will loose Bitcoin the dominance in the Crypto Market? - page 7.

mersal

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Quote from: Janation on September 21, 2019, 02:48:39 AM

Quote from: mersal on September 21, 2019, 02:02:26 AM

Yes the dominance is the matter here but its not alone decide bitcoin is not going to fall off like a shit coin and the investors who were holding it no matter how far it will fall.

What do you mean?

All I can understand here is that Bitcoin will not fall just like other shitcoins.

Obviously, even if Bitcoin is not dominating the market, shitcoins will still a shitcoin and it will fall and be dead since it is a shitcoin. The proof of Bitcoin to stay dominant is that while the price of it falls, other cryptocurrencies follows.

I meant to say about the investors of bitcoin and other shit coins,most of shit coin holders were holding it for short term profits so when they got enough profits they will dump those tokens but in bitcoin investors are holding it from price range of nothing to something huge now.Which means they are really supporting the bitcoin by holding it at any condition.

bitgolden

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If bitcoin price stays like this a bit more than altcoins will eventually rally, there is so much money in crypto markets and specially in bitcoin that even a few billion going the altcoin way instead of bitcoin would equal to multiple times profit then what you invest, of course people are not doing it because they do not want to be the only one, there are still some rallies but most of the time the buys are rare and far between and only individuals do it instead of all community.

If we were to put our efforts into altcoins and bitcoin was destroyed somehow (impossible) then the altcoin prices would at least x5 each, most of them going even higher than that, we are talking about billions and billions of dollars so its totally possible for something like that if bitcoin doesn't start moving.

Janation

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Quote from: mersal on September 21, 2019, 02:02:26 AM

Yes the dominance is the matter here but its not alone decide bitcoin is not going to fall off like a shit coin and the investors who were holding it no matter how far it will fall.

What do you mean?

All I can understand here is that Bitcoin will not fall just like other shitcoins.

Obviously, even if Bitcoin is not dominating the market, shitcoins will still a shitcoin and it will fall and be dead since it is a shitcoin. The proof of Bitcoin to stay dominant is that while the price of it falls, other cryptocurrencies follows.

mersal

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Quote from: mersal on September 20, 2019, 03:49:06 PM

Quote from: Janation on September 18, 2019, 09:36:11 PM

Quote from: mersal on September 18, 2019, 11:03:24 AM

IMO,it will holds its position forever,if the bitcoin loses the dominance means then I don't expect the crypto market to survive. But how someone can relate the prices with dominance,I don't consider it is not the point of measure to any decentralized thing.

There are a lot of cryptocurrencies out, we never know what might happen.

But I don't think Bitcoin will be dominated just like that.

Despite the fact that there are thousands of good cryptocurrencies better than Bitcoin itself, there are a lot of investors, a lot of people wanting to get a profit from it. With a lot of supporters and it is the most popular and expensive crypto, I don't think they could drop Bitcoin that easily.

There is no doubt that lot of crypto currencies were available but bitcoin was made first and this is behind all the crypto currencies invention.

Moreover cheap altcoins will get dumped too easily when the prices starts to climb up but bitcoin already passes those stages.

Well, I guess it is already happening since the Bitcoin dominance makes it possible to let those altcoins left behind despite of the stability of the price this past few weeks. There's no way altcoins would go beyond and surpass Bitcoin if the current state of the market declares the outcome already.

Yes the dominance is the matter here but its not alone decide bitcoin is not going to fall off like a shit coin and the investors who were holding it no matter how far it will fall.

FlightyPouch

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Quote from: ?? on ??

Well, I guess it is already happening since the Bitcoin dominance makes it possible to let those altcoins left behind despite of the stability of the price this past few weeks. There's no way altcoins would go beyond and surpass Bitcoin if the current state of the market declares the outcome already.

It is the first crypto currency so obviously it will be dominating the market despite a lot of competitions, if I should even call it competitions, in the market. As you said, there is no way that these crypto currencies will be surpassing bitcoin. With a lot of its supporters, investors, and users, bitcoin will continue to dominate the market no matter what time and price it has.

Danslip

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Quote from: Oilacris on September 20, 2019, 06:11:13 PM

Quote from: el kaka22 on September 20, 2019, 08:15:25 AM

Maybe not the exactly same people will come but do not forget that bitcoin gold rush affects altcoins for sure, it always has and it always will. When bitcoin increases as much as it can and the price of bitcoin can't go higher anymore people start to move their money to other coins and then the price of altcoins start to go up.

There is only so much money you can make from investing into bitcoin directly, that is why altcoin investments are still a smart decision, there are some of them that could make x100, I am not saying they will but the potential is there and that is why people invest to those smaller ones, maybe not too much like people make bitcoin investments but even a 100 dollar investment to a small one that could x100 means a 10k profit in the end if you are right, you can't make that type of profit in bitcoin.

You cant really make x10 or x100 with Bitcoin but in terms or reliability or assurance for long term aspect then you cant go wrong with those choice but as a trader or businessminded you would always come for bigger profits that's why we do see alternative markets that can give that kind of opportunity that's why there are altcoins that do exist.

Dominance do somewhat really had that effect on price but it doesnt precisely show on how the price should be.It does show the demand but not totally the true support on the entire crypto community.

For making those greedy return on the investment choosing Bitcoin will lead to the REKT sooner or later. Altcoin profitability was always higher than any Bitcoin uptrend returns in any timeframe from my experience. The dominance of the Bitcoin must be lower than %40 for the next alt season if another case happens the timing for the altcoin season can take a years until the next lower Bitcoin dominance. The high Bitcoin dominance causes lower altcoin prices and the low altcoin prices are the reason why investors confince is down for the last 2 years. In my opinion, the reliability of the altcoins is the discussion of another day and we need to focus primarily on the Bitcoin dominance.

Oilacris

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Quote from: el kaka22 on September 20, 2019, 08:15:25 AM

Maybe not the exactly same people will come but do not forget that bitcoin gold rush affects altcoins for sure, it always has and it always will. When bitcoin increases as much as it can and the price of bitcoin can't go higher anymore people start to move their money to other coins and then the price of altcoins start to go up.

There is only so much money you can make from investing into bitcoin directly, that is why altcoin investments are still a smart decision, there are some of them that could make x100, I am not saying they will but the potential is there and that is why people invest to those smaller ones, maybe not too much like people make bitcoin investments but even a 100 dollar investment to a small one that could x100 means a 10k profit in the end if you are right, you can't make that type of profit in bitcoin.

You cant really make x10 or x100 with Bitcoin but in terms or reliability or assurance for long term aspect then you cant go wrong with those choice but as a trader or businessminded you would always come for bigger profits that's why we do see alternative markets that can give that kind of opportunity that's why there are altcoins that do exist.

Dominance do somewhat really had that effect on price but it doesnt precisely show on how the price should be.It does show the demand but not totally the true support on the entire crypto community.

hatshepsut93

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Quote from: Jating on September 19, 2019, 05:56:32 AM

If we are going to based on the last bull run 45%-47% will likely be a good ball park number. Bitcoin price reach new all time high and altcoin market recovering. But the question is when and if people are willing to shift or throw money again in altcoin market.

I don't think that extrapolating the last bull run is correct, it seems like it was one-time thing, when buzzwords like "blockchain" and "decentralization" were floating around all the time, and people were looking at alts as legit competitors of Bitcoin and alternative investments. Now altcoins strongly associate with scams and disappointments, we see how developers abandon projects that were worth multiple millions in the past, while Bitcoin only becomes stronger, so its dominance is assured for the nearest future.

mersal

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Quote from: Janation on September 18, 2019, 09:36:11 PM

Quote from: mersal on September 18, 2019, 11:03:24 AM

IMO,it will holds its position forever,if the bitcoin loses the dominance means then I don't expect the crypto market to survive. But how someone can relate the prices with dominance,I don't consider it is not the point of measure to any decentralized thing.

There are a lot of cryptocurrencies out, we never know what might happen.

But I don't think Bitcoin will be dominated just like that.

Despite the fact that there are thousands of good cryptocurrencies better than Bitcoin itself, there are a lot of investors, a lot of people wanting to get a profit from it. With a lot of supporters and it is the most popular and expensive crypto, I don't think they could drop Bitcoin that easily.

There is no doubt that lot of crypto currencies were available but bitcoin was made first and this is behind all the crypto currencies invention.

Moreover cheap altcoins will get dumped too easily when the prices starts to climb up but bitcoin already passes those stages.

el kaka22

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Maybe not the exactly same people will come but do not forget that bitcoin gold rush affects altcoins for sure, it always has and it always will. When bitcoin increases as much as it can and the price of bitcoin can't go higher anymore people start to move their money to other coins and then the price of altcoins start to go up.

There is only so much money you can make from investing into bitcoin directly, that is why altcoin investments are still a smart decision, there are some of them that could make x100, I am not saying they will but the potential is there and that is why people invest to those smaller ones, maybe not too much like people make bitcoin investments but even a 100 dollar investment to a small one that could x100 means a 10k profit in the end if you are right, you can't make that type of profit in bitcoin.

ajaymukund

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when the value of Bitcoin returns below $ 100, that is when it loses the trust of manipulators and investors. Meanwhile, there will definitely be a better and bigger coin to take over the top 1 position that it leaves.
but this is difficult because at CMC, only bitcoin is unmanaged and the halving event happens automatically. That's why its value is always high and hard to beat.

Jating

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Quote from: hatshepsut93 on September 18, 2019, 05:04:18 PM

Bitcoin will start losing dominance if people will suddenly feel like throwing a ton of money on every altcoin out there, like it happened in 2017. I'd say It won't happen again, because too many people got burned, with hundreds of shitcoins going to zero. Maybe ETH and some other coins will regain a bit of their past dominance, because people want to gamble with altcoins a bit, but I don't think Bitcoin will dip below 50% dominance ever again.

Got burned, get out of the market, learn from their experience and now they are smarter and won't just throw their money on every shitcoin being born today. We just have to look at the current state of altcoins, most of them even ETH are still down, while shitcoins remains to be pump and dump.

If we are going to based on the last bull run 45%-47% will likely be a good ball park number. Bitcoin price reach new all time high and altcoin market recovering. But the question is when and if people are willing to shift or throw money again in altcoin market.

betty11

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The price of bitcoin in dominating the coin market is irrelevant. At any given price, the bitcoin will still lead the market. Let's try to understand this poser "what will be the fate of crytocurrency without the presence of bitcoin?" Bitcoin dictates the market direction.

Tylev

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Bitcoin's price dominance will disappear when its price roughly equals that of other cryptocurrencies. Their prices are changing, so it makes no sense to indicate the specific price of bitcoin at which it will lose its price dominance.
Bitcoin's price dominance will inevitably decrease over time. This will happen as other types of cryptocurrencies develop and as they become known to the public.

Periodik

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For as long as the altcoins are composed mostly of shitcoins, Bitcoin dominance will remain 50% or more regardless of the price of Bitcoin. The altcoins may be reaching thousands and thousands in numbers but it does not mean that the dominance of Bitcoin will decrease. Investors are wise enough to choose the best coin. And more than any altcoin, Bitcoin is the best option. Some altcoins are rising because many investors are diversifying. But this diversification is not reaching all throughout the majority of the altcoins. Mostly, only the top altcoins are reached.

Janation

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Quote from: mersal on September 18, 2019, 11:03:24 AM

IMO,it will holds its position forever,if the bitcoin loses the dominance means then I don't expect the crypto market to survive. But how someone can relate the prices with dominance,I don't consider it is not the point of measure to any decentralized thing.

There are a lot of cryptocurrencies out, we never know what might happen.

But I don't think Bitcoin will be dominated just like that.

Despite the fact that there are thousands of good cryptocurrencies better than Bitcoin itself, there are a lot of investors, a lot of people wanting to get a profit from it. With a lot of supporters and it is the most popular and expensive crypto, I don't think they could drop Bitcoin that easily.

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Quote from: blueteam09 on September 18, 2019, 04:06:26 PM

I predict Bitcoin at $ 30,000 - $ 50,000 will be the most stable price. When Bitcoin has a rate that exceeds the target I set for a bubble effect, it could explode and repeat the worst history that took place in 2018. I believe Bitcoin price is most stable when it is lower. $ 50,000, this is the scenario I came up with.

Bitcoin could be at any price range, crash, dip and still maintain its high dominance against other altcoins.

The meaning of dominance on cryptocurrencies is different for others but if we're following the dominance on coinmarketcap my vote is on the lowest price on the poll because that could be the time where there's a better altcoin. I wanted to vote on never but eventually the cryptocurrency market will change and it could be unexpected..

vintages

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I don't think it has to do with price but trust, most crypto investors trust Bitcoin so much that they believe that any dip price it experience will surely pump up in a matter of time. The day Bitcoin will loose it dominance ability is the day people have lost trust in it.
Not sure what might trigger this mistrust, but it will be a time Bitcoin will cease to exist.
Probably, another cryptocurrency or altcoins will dominate or go down the drainage with it.

hatshepsut93

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Bitcoin will start losing dominance if people will suddenly feel like throwing a ton of money on every altcoin out there, like it happened in 2017. I'd say It won't happen again, because too many people got burned, with hundreds of shitcoins going to zero. Maybe ETH and some other coins will regain a bit of their past dominance, because people want to gamble with altcoins a bit, but I don't think Bitcoin will dip below 50% dominance ever again.

blueteam09

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I predict Bitcoin at $ 30,000 - $ 50,000 will be the most stable price. When Bitcoin has a rate that exceeds the target I set for a bubble effect, it could explode and repeat the worst history that took place in 2018. I believe Bitcoin price is most stable when it is lower. $ 50,000, this is the scenario I came up with.

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