Dominance is not really a problem in my eyes, even if the other coins have a certain amount of dominance that doesn't mean they're going to overtake bitcoin at all. Bitcoin will continue to dominate the crypto market. Because interest in Bitcoin always goes up every year. And the second position of dominance is still occupied by Ethereum.
If we look top 5 growing cryptos in the world according to market cap bitcoin is not in them. It means that now more people are not investing in bitcoin. The market cap of small coins is increasing rapidly. Besides bitcoin is the leading currency of the crypto world and the market cap is still the highest. No doubt that bitcoin will be the mainstream in the future.
Topic: Bitcoin dominance (Read 562 times)
Dominance is not really a problem in my eyes, even if the other coins have a certain amount of dominance that doesn't mean they're going to overtake bitcoin at all. Bitcoin will continue to dominate the crypto market. Because interest in Bitcoin always goes up every year. And the second position of dominance is still occupied by Ethereum.
If we look top 5 growing cryptos in the world according to market cap bitcoin is not in them. It means that now more people are not investing in bitcoin. The market cap of small coins is increasing rapidly. Besides bitcoin is the leading currency of the crypto world and the market cap is still the highest. No doubt that bitcoin will be the mainstream in the future.Bitcoin dominant is actually reducing by day and we should be happy that other coins are getting more ground in crypto world. We are not going to see the kind of bull run we have in December now but I think everything about the market is showing recovering.
I really do not want to see the dominance of bitcoin going down, the main reason for that is simply because of the transaction charges and the delay bitcoin had last year pushed people to look at the altcoin market because it was much more convenient to use them and so is the reason we see more market domination by the alts. Bitcoin dominance has been dropped to 39.2% from 45%, market cap is $382 billion now, are we moving towards another bull run like Dec?
Yes for sure. Bitcoin always have its season to perform a bull run, this is the very reason why many investors love to hold btc and very happy when the market is not in a good condition. During this time they love to buy btc because they know that it will moon after the dip. And the good thing about this, some altcoin goes with the train of btc and looks like they are riding at the back of the whale. Dominance based on total coin supplies = worthless. People still don't understand that because they as always only focus on that what they want to see.
It's the worst possible and fake ass metric that exists. If everything continues as it has been doing with ICO's and forks, Bitcoin will keep sinking like a rock in that aspect.
Second is nothing. First is everything. Most of the people look at the first position in the chart and that is hold by bitcoin. If I want to invest in bitcoin I will observe the market cap and the people interest and then will invest in it. Bitcoin is number 1 cryptocurrency of the world and will remain number 1 forever. The price is volatile these days, but overall it is increasing. It's the worst possible and fake ass metric that exists. If everything continues as it has been doing with ICO's and forks, Bitcoin will keep sinking like a rock in that aspect.
And the second position of dominance is still occupied by Ethereum.
Wrong. It's Ripple. You see only what you want to see. Ripple's total coin supply is ~100 billion * $0.74. It has surpassed Bitcoin's market cap several times already, and it didn't/doesn't mean anything. It's an insanely premined shitcoin that people even paid +$3 per coin for not that long ago.
IT is another way to say that traders are losing confidence in bitcoins, because there are other alternative currencies that look lucrative than holding bitcoins which seems uncertain. The dominance of bitcoins will reduce to extent that Ether or ripple will take over.
I do not think that this might be a new bull market, but i think that we are on a "stable" market at the moment, and i am happy for that.
We are not seeing huge dumps every day, neither huge pumps.
We are not seeing huge dumps every day, neither huge pumps.
Dominance based on total coin supplies = worthless. People still don't understand that because they as always only focus on that what they want to see.
It's the worst possible and fake ass metric that exists. If everything continues as it has been doing with ICO's and forks, Bitcoin will keep sinking like a rock in that aspect.
It's the worst possible and fake ass metric that exists. If everything continues as it has been doing with ICO's and forks, Bitcoin will keep sinking like a rock in that aspect.
And the second position of dominance is still occupied by Ethereum.
Wrong. It's Ripple. You see only what you want to see. Ripple's total coin supply is ~100 billion * $0.74. It has surpassed Bitcoin's market cap several times already, and it didn't/doesn't mean anything. It's an insanely premined shitcoin that people even paid +$3 per coin for not that long ago.
Dominance is not really a problem in my eyes, even if the other coins have a certain amount of dominance that doesn't mean they're going to overtake bitcoin at all. Bitcoin will continue to dominate the crypto market. Because interest in Bitcoin always goes up every year. And the second position of dominance is still occupied by Ethereum.
Dropped from 45% to 39.2% isn't big deal, could be just some kind of correction that to balancing supply in the market. Bitcoin price will get recovery soon surely, there is no hesitations. We don't need to discuss any decline that is happening now to be worried as December last time, we must be optimistic that the crypto market has a good trend in the 2nd and 3rd Q.
Bitcoin dominance has been dropped to 39.2% from 45%, market cap is $382 billion now, are we moving towards another bull run like Dec?
Crypto currency such as bitcoin can be used to buy goods without intermediaries, meaning less need of a bank. Although traditional banking systems may charge high transaction costs, bitcoin allows global transactions to take place at a lower cost. that's the reason why bitcoin is getting more dominant.No that is not how transaction fees work. I see this so much online, people saying the transaction fees go up because price goes up. They are not linked at all. Transaction fees went really high because suddenly everyone was trying to buy bitcoin or send it to exchanges to trade or whatever. The blocks being filled up and people's urgency in getting transactions confirmed is what affects fee price, the price of bitcoin doesn't affect it. Note that recently while Bitcoin has been around $9000 the fees are about the same as they were a year ago when bitcoin was at $1000. Did you notice how fees continued being crazy as Bitcoin was crashing? Because people were selling or moving there bitcoins to exchanges to sell, if it was due to price then the fees would have been dropping when it started crashing. Bitcoin could be $100k and the fees could be 50 cents if there isn't much going on on the network and there is free space in the blocks.
They're not directly linked, for sure, but there is certainly some correlation. Fees are always going to be in terms of satoshis paid for taking space taken up by data of transaction, that is what is generally fixed and depends on efficiency and network demand. Then Bitcoin price affects what people see as fiat value of that satoshi fee.
Price also affects demand, as you just explaines yourself, both in bull and bear conditions. Demand generally leads to congestion, though with LN upcoming, we may have seen the last days of congestion.
agreed for the most part. just saying demand for bitcoin is not the same as current usage. High usage could be because bitcoin price is going crazy and people are moving bitcoin to exchanges - crashing which would mean higher fees despite lower price, booming would mean price and fee go up together. Could also be without bitcoin price moving much at all and people start spending their bitcoin more even though no new money is coming in. I would say there is a very loose correlation, though certainly their is a bottom limit which would be 1sat/byte which depends entirely on the current price of bitcoin. Though yes obviously as adoption rises price will go up which should lead to more usage which makes fees go up. So they have the same cause but fees and price aren't themselves linked in any way, and that cause can lead to strong correlation, no correlation, negative correlation all depending on market sentiment at the time.
Bitcoin dominance has been dropped to 39.2% from 45%, market cap is $382 billion now, are we moving towards another bull run like Dec?
Bitcoin dominant is actually reducing by day and we should be happy that other coins are getting more ground in crypto world. We are not going to see the kind of bull run we have in December now but I think everything about the market is showing recovering. 
There are lots of new coins has been released into the market everyday,so the chance if dominance may slightly get decreased over the years,bit it is also a good thing to have a balanced economy.But the dominance was around 36% few months back so it increased little bit now,but still the bitcoin is expensive coin so don't think bitcoin will be replaced by some other coin.
Bitcoin dominance has been dropped to 39.2% from 45%, market cap is $382 billion now, are we moving towards another bull run like Dec?
Bitcoin is take rest in spring season so it will wake up soon. But this will change the entire market statistics so we should wait for two months automatically Bitcoin is start the race. This is right time to buy in Bitcoin so who are all waiting for crypto investment make it soon. This is the final alarm in Bitcoin after that it will going to rocket.
Dominance is decreasing because the alt market is already looking bullish and expects traders to want to tap from that. I guess in near future if we will have more number of reputed altcoins like litecoin and ethereum then definitely bitcoin will keep losing its dominance in coming years in terms of market share.
Bitcoin dominance has been dropped to 39.2% from 45%, market cap is $382 billion now, are we moving towards another bull run like Dec?
Crypto currency such as bitcoin can be used to buy goods without intermediaries, meaning less need of a bank. Although traditional banking systems may charge high transaction costs, bitcoin allows global transactions to take place at a lower cost. that's the reason why bitcoin is getting more dominant.No that is not how transaction fees work. I see this so much online, people saying the transaction fees go up because price goes up. They are not linked at all. Transaction fees went really high because suddenly everyone was trying to buy bitcoin or send it to exchanges to trade or whatever. The blocks being filled up and people's urgency in getting transactions confirmed is what affects fee price, the price of bitcoin doesn't affect it. Note that recently while Bitcoin has been around $9000 the fees are about the same as they were a year ago when bitcoin was at $1000. Did you notice how fees continued being crazy as Bitcoin was crashing? Because people were selling or moving there bitcoins to exchanges to sell, if it was due to price then the fees would have been dropping when it started crashing. Bitcoin could be $100k and the fees could be 50 cents if there isn't much going on on the network and there is free space in the blocks.
They're not directly linked, for sure, but there is certainly some correlation. Fees are always going to be in terms of satoshis paid for taking space taken up by data of transaction, that is what is generally fixed and depends on efficiency and network demand. Then Bitcoin price affects what people see as fiat value of that satoshi fee.
Price also affects demand, as you just explaines yourself, both in bull and bear conditions. Demand generally leads to congestion, though with LN upcoming, we may have seen the last days of congestion.
We can Really see a slight drop, And base on my experience with the Crypto Market and mostly bitcoin Even if bitcoin did not out stretch it's value not like other Altcoin did, It really doesn't mean that bitcoin got left behind, Because it still has a bigger value than the rest of the other coins, We should appreciate bitcoin more than any Altcoin because if not for bitcoin there would be no other Coins that will be created.
It is just always the response of traders to the market most of the time anyway, and it is not like bitcoin is having an issue even when the dominance drops.As we can see bitcoin is really finding some point to start consolidation and that is when we will get to see the altcoin market really picking up hugely and obviously we can see some movement of money into altcoins for now, which I believe on bitcoin consolidating, we will get to see a lot of them shooting up hugely before btc takes back the dominance once again.
Bitcoin dominance has been dropped to 39.2% from 45%, market cap is $382 billion now, are we moving towards another bull run like Dec?
Crypto currency such as bitcoin can be used to buy goods without intermediaries, meaning less need of a bank. Although traditional banking systems may charge high transaction costs, bitcoin allows global transactions to take place at a lower cost. that's the reason why bitcoin is getting more dominant.No that is not how transaction fees work. I see this so much online, people saying the transaction fees go up because price goes up. They are not linked at all. Transaction fees went really high because suddenly everyone was trying to buy bitcoin or send it to exchanges to trade or whatever. The blocks being filled up and people's urgency in getting transactions confirmed is what affects fee price, the price of bitcoin doesn't affect it. Note that recently while Bitcoin has been around $9000 the fees are about the same as they were a year ago when bitcoin was at $1000. Did you notice how fees continued being crazy as Bitcoin was crashing? Because people were selling or moving there bitcoins to exchanges to sell, if it was due to price then the fees would have been dropping when it started crashing. Bitcoin could be $100k and the fees could be 50 cents if there isn't much going on on the network and there is free space in the blocks.
Bitcoin dominance has been dropped to 39.2% from 45%, market cap is $382 billion now, are we moving towards another bull run like Dec?
Crypto currency such as bitcoin can be used to buy goods without intermediaries, meaning less need of a bank. Although traditional banking systems may charge high transaction costs, bitcoin allows global transactions to take place at a lower cost. that's the reason why bitcoin is getting more dominant.
It is natural that bitcoin's dominance over the market will continue to wane. The market is now much much larger than just payments/store of value. A lot of money in the market is from stuff that isn't even trying to compete with Bitcoin, like dApps and decentralized exchanges and very specific product niches and coins based around a single application or company. And since the market is almost totally speculation right now people will invest in these niche coins and tokens in order to make money even if that coin will be forgotten in a couple years.
Bitcoin is spreading but the market is spreading more quickly to fill whole new roles and niches and use cases that have nothing to do with Bitcoin's use case. I wouldn't be surprised in the next two years to see $100k bitcoin that only covers a quarter of the crypto marketcap.
Bitcoin is spreading but the market is spreading more quickly to fill whole new roles and niches and use cases that have nothing to do with Bitcoin's use case. I wouldn't be surprised in the next two years to see $100k bitcoin that only covers a quarter of the crypto marketcap.
Bitcoin dominance has been dropped to 39.2% from 45%, market cap is $382 billion now, are we moving towards another bull run like Dec?
Just wait bro, the time of btc will not end just like that because it is always the hope of all altcoins. If btc will lose then everyone will too.also what is happening now is nothing but a simple routine of every crypto specially in btc but after that moment btc knows when to come back. Bitcoin dominance has been dropped to 39.2% from 45%, market cap is $382 billion now, are we moving towards another bull run like Dec?
Crypto currency such as bitcoin can be used to buy goods without intermediaries, meaning less need of a bank. Although traditional banking systems may charge high transaction costs, bitcoin allows global transactions to take place at a lower cost. that's the reason why bitcoin is getting more dominant. Bitcoin dominance has been dropped to 39.2% from 45%, market cap is $382 billion now, are we moving towards another bull run like Dec?
Just wait bro, the time of btc will not end just like that because it is always the hope of all altcoins. If btc will lose then everyone will too.also what is happening now is nothing but a simple routine of every crypto specially in btc but after that moment btc knows when to come back. now has many bitcoin competitors to dominate the krypto trade one of them Dash. What differentiates Dash from other currencies is their focus on privacy and anonymity. They also run two systems where there are two types of work as miners and masternodes conducted by volunteers.
At the moment, the Bitcoin is still the dominant. But the dominance dropped from 46% two weeks ago to 38% now.
now has many bitcoin competitors to dominate the krypto trade one of them Dash. What differentiates Dash from other currencies is their focus on privacy and anonymity. They also run two systems where there are two types of work as miners and masternodes conducted by volunteers.
Bitcoin will continue to dominate the crypto market. Because interest in Bitcoin always goes up every year. And the second position of dominance is still occupied by Ethereum.
Not only this, but Bitcoin is the cryptocurrency brand. It has the most secure network out of all the other coins, and it has adopted by many people. Definitely has the first mover advantage. I do honestly think Bitcoin will always be the #1 coin on coin market cap. Bitcoin will be a huge store of wealth and the reserve currency for the world. It will continue to eat into golds market cap, becoming the best store of value in the process.
Well technically speaking, bitcoin will continue to reign the market due to its origin and developments throughout the years under the blockchain technology. Bitcoin, also, is the first ever cryptocurrency- making it the trademark and the flagship. People would prefer more to invest into bitcoin due to its large market price but some altcoins are a good alternative for diversifying your investments in order to reduce the risks.
We can Really see a slight drop, And base on my experience with the Crypto Market and mostly bitcoin Even if bitcoin did not out stretch it's value not like other Altcoin did, It really doesn't mean that bitcoin got left behind, Because it still has a bigger value than the rest of the other coins, We should appreciate bitcoin more than any Altcoin because if not for bitcoin there would be no other Coins that will be created.
It can happens to see a slight drops of the price so actually were a long way to go to think of december this year. Many things many situation to be happen in this market it should conquers all the hindrances to achieve on what to be hit. Yes bitcoin still has the biggest hits among all other coins so btc will dominates indeed. Last month, the price of bitcoin was around $7,200-$7,500 and currently the price is sitting at around $9,000 and still increasing. People always doubt the whenever its price decrease and they tend to panic sell most of their resources, resulting to a surplus of bitcoin in the market lowering its price further. Bitcoin will remain the dominant coin in the market unless a new type of cryptocurrency would replace bitcoin (which I believe is unlikely happening).
We can Really see a slight drop, And base on my experience with the Crypto Market and mostly bitcoin Even if bitcoin did not out stretch it's value not like other Altcoin did, It really doesn't mean that bitcoin got left behind, Because it still has a bigger value than the rest of the other coins, We should appreciate bitcoin more than any Altcoin because if not for bitcoin there would be no other Coins that will be created.
It can happens to see a slight drops of the price so actually were a long way to go to think of december this year. Many things many situation to be happen in this market it should conquers all the hindrances to achieve on what to be hit. Yes bitcoin still has the biggest hits among all other coins so btc will dominates indeed. Bitcoin dominance has been dropped to 39.2% from 45%, market cap is $382 billion now, are we moving towards another bull run like Dec?
woah woah like dec?!? Let's not get ahead of ourselves. December was the mania phase at the tail end of a long increase that stared in mid-2015 when the last bottom of the market occurred. Maybe in a year we'll be getting back close to a december 2017 type of situation, but we're still a long ways away from even hitting the high of the last bull run, let alone starting the climb above it that will define the next bull run. The market is just now turning around from the bottom of the crash, it'll be a long type before we hit another mania phase like december at the tail end of the next boom (price could be 7-10x what it is now by then).
Bitcoin dominance has been dropped to 39.2% from 45%, market cap is $382 billion now, are we moving towards another bull run like Dec?
We're already in a bull run already, and we don't know how much longer it will last. Depends a lot on whether BTC is able to hit $10k.
To me, it actually signals that the markets are quite overheated, and will probably correct very soon.
Instead of money being in BTC, the rest of the crypto markets are preferred as an investment at this stage. This means that a lot of people are in the crypto market right now for quick profits and will unload quite easily, instead of holding for the long term.
Bitcoin dominance usually decreases in a bull market, and increases in a bear market. Just look at how quickly bitcoin dominance decreased in the month of December. Sooner or later, the Bitcoin dominance index will have to return to its resting place, which in my opinion is around 50-60% naturally. That'll happen as soon as this bull run ends.
Correct, when bitcoin was crashing we are like 50%++ dominance, but right now we are moving so fast and we are down to 37% but I think it is a healthy sign that the price will really continue to grow.
As far as altcoins disrupting the dominance, it would sense however, this disruption will always be present because we are going to see ICO's popping out like mushroom and 1 out 10 their will be one good project that can really take off, making bitcoin investors invest on them as well.
Bitcoin dominance has been dropped to 39.2% from 45%, market cap is $382 billion now, are we moving towards another bull run like Dec?
We're already in a bull run already, and we don't know how much longer it will last. Depends a lot on whether BTC is able to hit $10k.
To me, it actually signals that the markets are quite overheated, and will probably correct very soon.
Instead of money being in BTC, the rest of the crypto markets are preferred as an investment at this stage. This means that a lot of people are in the crypto market right now for quick profits and will unload quite easily, instead of holding for the long term.
Bitcoin dominance usually decreases in a bull market, and increases in a bear market. Just look at how quickly bitcoin dominance decreased in the month of December. Sooner or later, the Bitcoin dominance index will have to return to its resting place, which in my opinion is around 50-60% naturally. That'll happen as soon as this bull run ends.
Bitcoin dominance has been dropped to 39.2% from 45%, market cap is $382 billion now, are we moving towards another bull run like Dec?
Yep, we are. And Bitcoin will never have 51% dominance again.
Too many good ICOs are disrupting too many areas, collecting too much money to allow it. The blockchain technology is the new grail.
Bitcoin dominance has been dropped to 39.2% from 45%, market cap is $382 billion now, are we moving towards another bull run like Dec?
On the longest time frames (like 1-month), it's impossible right now to distinguish between a new bull run and a trap within a larger bear market. I think Masterluc has expressed similar uncertainty. BTC/USD and ALT/BTC charts have all been in a downtrend for a while. No matter what, a major bounce should have been expected.
Based on feeling alone, I think it's too early to expect a new bull run. We never had the long term "boring period" that usually precedes bull markets. But we've just got to wait and see.
Bitcoin dominance has been dropped to 39.2% from 45%, market cap is $382 billion now, are we moving towards another bull run like Dec?
The December rally in altcoins came on top of a strong rally in Bitcoin, when people shifted to altcoins in the fear that Bitcoin had peaked. I doubt if we are in a similar stage now. There has been a rally in altcoins and Bitcoin's dominance has decreased, but this trend should not extend for long.
Bitcoin dominance has been dropped to 39.2% from 45%, market cap is $382 billion now, are we moving towards another bull run like Dec?
Not surprised to see the BTC dominance decreasing. The current alt market is enterering a bullish and optimistic trend since the BTC price has started an upward movement. Traders are most likely shifting to the altcoin market looking to make some profits given how alts have started their usual pump in their prices and circulating supply, two factors that are currently making the altcoin market cap go up.About the bull run, it's too early to draw any conclusions, but I can tell you this: the rise in the market cap isn't the sign of an another bull run.
Yeah, I'd argue its too early to already start another bull run, although it would be nice. I wouldn't be too concerned about Bitcoin losing its dominance, as you said, people are just looking to make a quick buck and pump some alts. Even though Bitcoins dominance is dropping, it still will be number 1. Also, when it comes to Bitcoins dominance, keep in mind there are 1000+ trash coins that are being counted. People in the crypto community always will have faith in Bitcoin as a reserve currency, so it will always remain dominant. Eventually, it will likely get to a point where the world will view it as a reserve currency.
Bitcoin dominance has been dropped to 39.2% from 45%, market cap is $382 billion now, are we moving towards another bull run like Dec?
Not surprised to see the BTC dominance decreasing. The current alt market is enterering a bullish and optimistic trend since the BTC price has started an upward movement. Traders are most likely shifting to the altcoin market looking to make some profits given how alts have started their usual pump in their prices and circulating supply, two factors that are currently making the altcoin market cap go up.About the bull run, it's too early to draw any conclusions, but I can tell you this: the rise in the market cap isn't the sign of an another bull run.
Bitcoin dominance has been dropped to 39.2% from 45%, market cap is $382 billion now, are we moving towards another bull run like Dec?
Bitcoin is take rest in spring season so it will wake up soon. But this will change the entire market statistics so we should wait for two months automatically Bitcoin is start the race. This is right time to buy in Bitcoin so who are all waiting for crypto investment make it soon. This is the final alarm in Bitcoin after that it will going to rocket.
We can Really see a slight drop, And base on my experience with the Crypto Market and mostly bitcoin Even if bitcoin did not out stretch it's value not like other Altcoin did, It really doesn't mean that bitcoin got left behind, Because it still has a bigger value than the rest of the other coins, We should appreciate bitcoin more than any Altcoin because if not for bitcoin there would be no other Coins that will be created.
Probably it is a correction but with enough support I think it will break in no time on $9k mark. Hope another good news will show up to hit the bullish market. As far I am concern I guess bull run like last year on month of December may not be expected at this moment but hope so.
Bitcoin dominance has been dropped to 39.2% from 45%, market cap is $382 billion now, are we moving towards another bull run like Dec?
this is a matter of great concern for the article bitcoin might dominate. This can be an easy target for cyber criminals because we know Bitcoin and digital currencies are very anonymous. This should be the highlight 
Bitcoin dominance has lessened to some extent due to the large number of altcoins entering the market.But still,bitcoin remains to be the single largest dominating coin.
Bitcoin dominance has been dropped to 39.2% from 45%, market cap is $382 billion now, are we moving towards another bull run like Dec?
Don't concern yourself with the dominance of bitcoin as far as market cap. Even though it was reduced, bitcoin is still the number 1 coin because all other alts are moving as well that's why the market cap is somewhat shrinking but bitcoin still sits on the first place.
I wouldn't see that we are moving towards another bull run like December, may maybe targeting levels like $9500-$10K. We know that there are mental barriers here that we need to break down. Happy to see that $8500 resistance is broken so lets see if bitcoin can break or even touch 5 digits again.
If we notice in the past days, we can see that we can have hope. Perhaps with the positive news it is likely that some investors are interested to re-invested in bitcoin again. So it is a great opportunity to get back as far back as last year.
I can foresee that bitcoin will still continue to dominate the whole cryptocurrency because as you can see in the market once bitcoin is going up others so do. because most of alt coins budget come from bitcoin with that you can say that bitcoin is dominating the altcoin.
Bitcoin dominance has been dropped to 39.2% from 45%, market cap is $382 billion now, are we moving towards another bull run like Dec?
That would be possible if stock investors were no longer eager for their market.I have received some news saying that stock investors are targeting the Crypto market for investment and that they are making more money than stocks. So the Crypto market will be pumped at the end of the year is very high possibility. Hold on and wait for the good to come to us.
bitcoin dominance is 100% over the market and that is not going to change any time soon. what you are seeing is the market cap and whenever bitcoin price rises that causes a dump in altcoins but their USD value seemingly goes up because bitcoin price has gone up. with that their market cap is also being bloated thanks to their huge supplies and because of it the total market cap grows big. none of it has anything to do with domination.
Yes we are the bull has gradually gathered enough momentum over the last couple of days and I'm sure by the middle of next month we will see another massive bull market.EOS appears to be gathering more force and may end up in the final three on coinmarket cap.
There a lot of chance hopefully that will be happen even when it comes, if you take a look of his value in a exchanges from the past month untill now you will know that there's a lot of chance. We try wait
I think that bitcoin is always the largest value coins until now, have the most secure network of bitcoin through blockchain technology, bitcoin will continue to dominate the market because the current code reviews are always personal and always increase bitcoin believe hold it back to a higher price than hoped it would happen by the end of 2018 priced bitcoin $20000.
we can sees itself in the bitcoin market, and how we can analyze from market cap, volatilty to supply and demands on bitcoin. I think it will decrease when many media preach negative things on bitcoin. but it was not, all still as usual, high. this is a factor we can be sure that bitcoin can be a time-lap, explode at any time.
Bitcoin will continue to dominate the crypto market. Because interest in Bitcoin always goes up every year. And the second position of dominance is still occupied by Ethereum.
Not only this, but Bitcoin is the cryptocurrency brand. It has the most secure network out of all the other coins, and it has adopted by many people. Definitely has the first mover advantage. I do honestly think Bitcoin will always be the #1 coin on coin market cap. Bitcoin will be a huge store of wealth and the reserve currency for the world. It will continue to eat into golds market cap, becoming the best store of value in the process.
Bitcoin dominance is an issue right now, but we have seen that time and time again during bull runs we have seen massive market movements and massive movements in bitcoin dominance (time shows that this is true, check out some of the charts on TV compares to the dominance charts)
Dominance is not really a problem in my eyes, even if the other coins have a certain amount of dominance that doesn't mean they're going to overtake bitcoin at all. That just means they're being traded, and so what, right?
Dominance is not really a problem in my eyes, even if the other coins have a certain amount of dominance that doesn't mean they're going to overtake bitcoin at all. That just means they're being traded, and so what, right?
It would be nice if it really happened, and it would be soon a lot of winning parties from those bitcoin holders who were with yesterday's low purchases, and this would really be an increase like december last year.
Bitcoin dominance has been dropped to 39.2% from 45%, market cap is $382 billion now, are we moving towards another bull run like Dec?
It isnt really the most important thing. Reality is that it is much higher, because in coin market cap we have a lot of coins with inflated and artificial market caps. As of the bull run, i hope we will see it again, as everybody i assume
Please site any legit references for such conclusions.
Bitcoins may have similar factors that could affect the market yet it may have similar pattern every year. I agree that bitcoins may come to a bull run again from midyear to the end of the year but I am hoping that bull runs from this time will have stronger foundations.
Bitcoins may have similar factors that could affect the market yet it may have similar pattern every year. I agree that bitcoins may come to a bull run again from midyear to the end of the year but I am hoping that bull runs from this time will have stronger foundations.
Bitcoin will continue to dominate the crypto market. Because interest in Bitcoin always goes up every year. And the second position of dominance is still occupied by Ethereum.
Yes it is true that at this time we will go where the price will be higher, and now it is starting, and believe me and keep holding back to get a higher price.
Bitcoin dominance has been dropped to 39.2% from 45%, market cap is $382 billion now, are we moving towards another bull run like Dec?
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