Bitcoin - and fall in market share | Bitcointalksearch.org

mdripon

full member

Activity: 308

Merit: 100

Quote from: XbladeX on March 17, 2017, 02:36:49 AM

I just wonder how long and how much market share it has to be taken down to makes some changes?
Whole blocksize drama is good marketing point for alts and valid point.
What you think ?

Bitcoin now is magic,because if bitcoin price is highly market share be highly. so need many grow bitcoin.

calkob

hero member

Activity: 1106

Merit: 521

I think that bitcoin will always remain king of the hill, lets face it most people come to altcoins through bitcoin. I think in the future there will be a couple of big currencies that will dominate. and if any come near to bitcoin it will be pretty easy to jump over, not a problem long term in my opinion.

davis196

hero member

Activity: 3150

Merit: 937

Quote from: XbladeX on March 17, 2017, 06:00:39 AM

Quote from: Kemarit on March 17, 2017, 05:44:53 AM

***

I wrote numerous times that BTC need kick in balls

to improve ,best is price balls
Miners when they see that what they mine is falling will switch to some solution.
Or BTU or segwit and lighting
With no action btc will fall more and more.
Miners needs impulse to act

- price will shut them down.

I don`t think that miners have fault.All the miners care about their profits and if bitcoin mining isn`t profitable,they run away and this is normal.
Perhaps the core devs should come down with a solution and bitcoin will have it`s "kick in balls".

XbladeX

legendary

Activity: 1302

Merit: 1002

Quote from: Kemarit on March 17, 2017, 05:44:53 AM

***

I wrote numerous times that BTC need kick in balls

to improve ,best is price balls
Miners when they see that what they mine is falling will switch to some solution.
Or BTU or segwit and lighting
With no action btc will fall more and more.
Miners needs impulse to act

- price will shut them down.

Kemarit

legendary

Activity: 3080

Merit: 1353

Etherum already overtakes bitcoin momentarily, trading at volume totalled $424.9 million USD, while bitcoin’s was still at $383.7 million. Here's the link: https://bitcointalk.org/index.php?topic=1830698.0.

Although is only briefly that ETH overtakes bitcoin, it only shows that it can be done at we all should not overlook at it. ETF rejection has little effect on the price of bitcoin. I think that the scalability issue is the issue I see that has really a lasting effect on the price of bitcoin. As a have said before, is so disappointing seeing this holdback the future of bitcoin. So much politics about a simple solution that would have help the bitcoin market to really take off in the next years to come.

pearlmen

sr. member

Activity: 322

Merit: 250

Quote from: jacafbiz on March 17, 2017, 03:00:23 AM

I have said this before that Bitcoin can't hold 80% of the market share for life, I know one of two Altcoins would snatch some of this from bitcoin. I expect the price of Bitcoin to continue the upward trend once this blocksize debate is over but the market share to continue to decrease with time.

Even if bitcoin wont hold 80% but its not bitcoin's wish to hold that large percentage if other alts are living up to expectation. Also, the statistics you quoted that made you arrive at a conclusion is just for a particular day which might even change tomorrow. The reason for losing grip of market share by bitcoin could be as a result of the effect of last week decision in which it will recover in a matter of time.

Xester

hero member

Activity: 994

Merit: 544

Quote from: XbladeX on March 17, 2017, 02:36:49 AM

I just wonder how long and how much market share it has to be taken down to makes some changes?
Whole blocksize drama is good marketing point for alts and valid point.
What you think ?

We dont know how much and when the change will happen. We dont have a control over the mining comunity as well as control over the big whales who have the power to manipulate the bitcoin industry. As such we can expect more bitcoin dumps and decrease in value when the problem continues and the big whales will sell their bitcoin on the exchanges due to panic.

jacafbiz

hero member

Activity: 2128

Merit: 530

PredX - AI-Powered Prediction Market

I have said this before that Bitcoin can't hold 80% of the market share for life, I know one of two Altcoins would snatch some of this from bitcoin. I expect the price of Bitcoin to continue the upward trend once this blocksize debate is over but the market share to continue to decrease with time.

XbladeX

legendary

Activity: 1302

Merit: 1002

I just wonder how long and how much market share it has to be taken down to makes some changes?
Whole blocksize drama is good marketing point for alts and valid point.
What you think ?

Topic: Bitcoin - and fall in market share (Read 621 times)