bitcoin dominance is it the END ? - page 8.

Dreamchaser21

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Quote from: mightcoin on April 30, 2018, 07:10:18 PM

The price of bitcoin is such, only because it is bitcoin. Name, status, history, nothing more. This asset is obviously overvalued. I think he does not have a big future, so I do not invest in it.

Bitcoin is great, this is where cryptocurrency started. Maybe we have encountered so many ups and downs this year but I still believe on the technology of bitcoin, this is the future and believe it or not bitcoin will go high.

buytheeffinD

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Quote from: mightcoin on April 30, 2018, 07:10:18 PM

The price of bitcoin is such, only because it is bitcoin. Name, status, history, nothing more. This asset is obviously overvalued. I think he does not have a big future, so I do not invest in it.

Are you serious? The asset is undervalued given what it can potentially change in this world. If you want to make BTC gains, then perhaps some altcoins are better, but I feel more secure knowing my coin will be around tomorrow. Can't say the same for 95+% of altcoins that are structured like a security.

mightcoin

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The price of bitcoin is such, only because it is bitcoin. Name, status, history, nothing more. This asset is obviously overvalued. I think he does not have a big future, so I do not invest in it.

kiw_91

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bitcoin will always beat all. this is due to, “because Bitcoin is king/queen, and the other coins are at best following it.

It is hard to come up with a fundamental algo with which to price coins, so coin prices just follow Bitcoin as a sort of gold standard (“the Bitcoin Standard”).

It is the number one coin, and thus it is the coin that decides the market price in general.

If there is another standard way of changing ALTs to other currencies example to FIAT. it would much less affected to the price of BTC.

ROB18

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ERC20 token is currently the most used type of token under ETH. But it's really hard to conclude the bitcoin domination is on its end. Bitcoin price is affecting Altcoin as well. Meaning, it is still dominance on that. But I'm sure, time will come that more and more Alts will play a major role in this field.

Iyeman

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Quote from: Titanos on April 30, 2018, 06:37:20 PM

It's just because of huge number of stupid altcoins under ethereum. In reality, Bitcoin dominance still standing.

Just be real, it's just more money coming to those ERC20 Token and many other alt coins, the bitcoin is currently stagnant at the same stage, even though the price of bitcoin heavily affect the whole cryptocurrency market, but the market capitalisation of the whole cryptocurrency market always increase and the majority of incoming money are going to those ERC20 token and other alt coins.

Titanos

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It's just because of huge number of stupid altcoins under ethereum. In reality, Bitcoin dominance still standing.

krodmandoon

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Not a chance. Bitcoin will dominate the crypto market, because every time Bitcoin fails and the rest of the coins are failing too.

eugenefonts

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Quote from: lotfiuser on April 22, 2018, 05:30:33 AM

https://prnt.sc/j8ij29
as we can see the bitcoin dominance is getting lower and lower and i think on long term ethereum will end the dominance

Who knows but i guess BITCOIN will be awaken someday and will continue to bullrun. Its sleeping until now because of FUD and bad news in different country allowing investors to get scared and wont invest to crypto. But i guess even etherum will surpass bitcoin it wont be a problem for me because we have an ethereum exchanger here in our country. Bitcoin is still the number one coin, and still leads the show. I just hope that someday crypto will rise again.

Clement Kaliyar

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Quote from: lotfiuser on April 22, 2018, 05:30:33 AM

as we can see the bitcoin dominance is getting lower and lower and i think on long term ethereum will end the dominance

There is no way that ETH could have a bigger impact than bitcoin, there a two competing factions now for bitcoin, BTC and BCH and i thing the competition will over take any hurdles and none of the coins can over take the collective efforts of bitcoin and which developers have a better solution for the world will win, this is a starting phase and it will take a longer time to see the changes.

FrueGreads

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It's true bitcoin dominance is falling, but that just doesn't mean that ethereum or any other alt will take it's place. This is just the recent "normal market behavior", after the alt boom. When traders realized that there was a hole market to invest in, and to simply pump and dump coins, the alts start increasing more than bitcoin. The thing is, that it's not a single alt that is doing better. It's just that a lot of alts get pumped, and bitcoin dominance falls, and when those alts get dumped, some other alts are pumping, so the cycle continues. Also, those alts are "recent", so they have more room to grow.

But there is another standard behavior that shows us, that bitcoin is still the number one coin, and still leads the show. Every time there is a "market dump" or market correction, we see that alts are the ones that take the bigger hit. At that time, we usually see bitcoin dominance grow, that proves that most of the alts are just used for speculation, but the real investment is made in bitcoin.

barlo357

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It's to early to make conclusion yet we are on month of May we still have a half year and still a lot of happen to make but in the end of the day still the bitcoin will dominant the play that's my prediction not a conclusion huh.

masterzino

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Bitcoin is the cornerstone of all crypto currencies. Bitcoin will dominate this market and I don't think that this will change any time soon.

nekorakoeora

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According to my bitcoin will still dominate and be the top until the end. bitcoin has almost a perfect system and no other coins that I think can be said to be comparable to the bitcoin including ethereum. bitcoin it seems will always lead.

Minor Miner

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As for me, bitcoin will dominate for a long time. This is the most important coin in the crypto world. I'm sure that large investors prefer to invest in bitcoin, not in alternative coins. Bitcoin the king and it will always be so.

befriendmywater

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Quote from: lotfiuser on April 22, 2018, 05:30:33 AM

https://prnt.sc/j8ij29
as we can see the bitcoin dominance is getting lower and lower and i think on long term ethereum will end the dominance

I do not think bitcoin will end in the future. Because this is a very valuable currency and makes trading more convenient with large amounts of money. Although ETH is a very great altcoin, its platform is widely developed and a lot of new projects use it for development. Although ETH made a great contribution to building a better Crypto world, it could not beat bitcoin.

feelideb

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Ethereum is very promising and popular with it's distinct utility and large market share in cryptocurrency. With all these good stuff going for ethereum, I still believe bitcoin will continue to lead in cryptocurrency space and ethereum will become big as well.

mridulhasan

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I think Bitcoin will gradually reduce its dominance, but it will not end.. Because Bitcoin is a high-speed currency. It is much more valuable than other currencies. This coin is known as the number one currency in the market. At present, the price of Bitcoin is low in the market. But ethereum prices are rising and its demand is increasing.So thoroughly is not that Bitcoin will lose his position.Maybe its value in the market will be a little lower. But I'm hoping Bitcoin's price will rise again in the market and again Bitcoin will return to its dominance.

Just John

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Quote from: Agaton on April 24, 2018, 05:44:40 AM

I still believe that bitcoin is always the king of all cryptocurrencies, and even in a long run of cryptocurrency business bitcoin is still the number one. However the price of ethereum now rapidly grows, but it doesn't mean that ethereum take over bitcoin in terms of price value.

Ethereum is showing up fast behind bitcoin and we have to commend the project and the growth so far but what you said is true, ethereum might be growing very fast but that does not mean that it will over take bitcoin. Bitcoin was the first and will always lead the market in terms of market value and prices, there is no replacement.

batang_bitcoin

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Quote from: lotfiuser on April 22, 2018, 05:30:33 AM

as we can see the bitcoin dominance is getting lower and lower and i think on long term ethereum will end the dominance

I don't know what's your description of dominance. It's obvious that you are an Ethereum supporter and just because bitcoin way back that day you posted that chart does experience a small dip you consider it as the end? Come on, this is the crypto market and everything can happen and after the low market trade kindly check bitcoin's price today.

Quote from: haryatiposton01 on April 24, 2018, 05:56:34 AM

I feel confused and strange, so many questions about whether ETH will defeat Bitcoin?

Just ignore them, they might be new to cryptocurrency.

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